2014-10-06T16:55:07-05:00 2013-12-31 571157523 HABIF AROGETI & WYNNE LLP FIVE CONCOURSE PARKWAY SUITE 1000 ATLANTA GA 30328 990 2013-01-01 204587841 MEETING STREET SCHOOLS MEET 8432661717 200 MEETING STREET NO 206 CHARLESTON SC 29401 SUSAN SHULER TREASURER 8432661717 2014-10-06 1 JANA M BLEDSOE CPA P00118021 4048929651 2013 2015-11-30 17:44:51Z BENJAMIN NAVARRO 200 MEETING STREET NO 206 CHARLESTON SC 29401 6391266 0 X WWW.MEETINGSTREETSCHOOLS.ORG X 2006 SC TO ESTABLISH AND MAINTAIN A RICH AND DYNAMIC LEARNING ENVIRONMENT FOR CHILDREN FROM FAMILIES WHO CARE DEEPLY ABOUT THEIR CHILDREN'S EDUCATION BUT CANNOT AFFORD TRADITIONAL PRIVATE SCHOOL. 8 4 102 110 0 0 9712050 6291859 36330 95986 -22991 3421 -979516 0 8745873 6391266 0 0 0 0 1399700 1908924 0 0 0 1491154 1378807 2890854 3287731 5855019 3103535 24835432 28019426 636 81095 24834796 27938331 X SEE SCHEDULE O 0 0 3221115 99407 SEE SCHEDULE O 3221115 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 14 0 102 1 0 0 0 0 0 0 0 0 0 0 X 8 4 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X SUSAN SHULER 8432661717 200 MEETING STREET SUITE 206 CHARLESTON SC 29401 BENJAMIN NAVARRO PRESIDENT, CHAIRMAN OF BOARD 1.00 X X 0 0 0 SUSAN SHULER TREASURER, DIRECTOR 1.00 X X 0 0 0 GABRIELA DALNEKOFF SECRETARY, DIRECTOR 1.00 X X 0 0 0 EDMUND NAVARRO DIRECTOR 0.00 X 0 0 0 SUSAN MILLER CHIEF OPER OFFICER, DIRECTOR 40.00 X 130000 0 0 KELLY NAVARRO TREASURER, DIRECTOR 0.00 X 0 0 0 GEORGE DEAN JOHNSON III DIRECTOR 0.00 X 0 0 0 SUSANNA PRESNELL JOHNSON SECRETARY, DIRECTOR 0.00 X 0 0 0 MICHAEL C RUSS TREASURER, DIRECTOR 0.00 X 0 0 0 GEORGE DEAN JOHNSON JR DIRECTOR 0.00 X 0 0 0 KATHRYN SHORTER DIRECTOR 40.00 X 95385 0 0 CHRISTOPHER ALLEN DIRECTOR 40.00 X 70000 0 0 295385 0 0 1 0 0 0 0 6291859 6291859 TUITION AND FEES 611110 95986 95986 95986 3421 3421 6391266 99407 0 0 X 295385 295385 1276766 1276766 206935 206935 129838 129838 3301 3301 35104 35104 15492 15492 69574 69574 330823 330823 30163 30163 FOOD SERVICES 214381 214381 CURRICULUM DEVELOPMENT 124020 124020 MAINTENANCE AND CLEANIN 95611 95611 BUILDING RENT 93727 93727 366611 353892 12719 3287731 3221115 66616 0 382944 410112 17759778 21032035 5000 261 31189 7490333 971376 6672673 6518957 14776 19359 0 7774 24835432 28019426 636 81095 636 81095 X 0 0 6672673 6518958 18162123 21419373 24834796 27938331 24835432 28019426 3103535 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35104 35104 3221115 3256219 312811 78203 0 0 312811 312811 469217 35104 35104 78203 78203 117305 5097890 194382 4903508 1711436 247711 1463725 320664 230840 89824 360343 298443 61900 6518957 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AS PUBLISHED IN THE CHARLESTON NEWSPAPER "POST & COURIER" AND THE "SPARTANBURG HERALD JOURNAL" NOTICE OF NONDISCRIMINATORY POLICY IS, MEETING STREET SCHOOLS (FKA MEETING STREET EDUCATION GROUP) ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN WITH ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. BOARDWALK DEVELOPMENT LLC OWNED BY DIRECTORS OF THE ORGANIZATION 102266 LEASE 0 FORM 990, PART III, LINE 1 THE PURPOSES FOR WHICH MEETING STREET SCHOOLS (FKA MEETING STREET EDUCATION GROUP) IS ORGANIZED ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR THE CORRESPONDING PROVISION OF ANY FUTURE FEDERAL TAX LAW (SECTION 501(C)(3)). NO PART OF THE PROPERTY OR NET EARNINGS OF THE MEETING STREET SCHOOLS SHALL INURE TO THE BENEFIT OF OR BE DISTRIBUTABLE TO ITS DIRECTORS, OFFICERS, OR OTHER PRIVATE PERSONS, EXCEPT THAT THE CORPORATION MAY PAY REASONABLE COMPENSATION FOR SERVICES RENDERED. MEETING STREET SCHOOLS SHALL NOT PARTICIPATE IN, OR INTERVENE IN (INCLUDING THE PUBLISHING OR DISTRIBUTION OF STATEMENTS), ANY POLITICAL CAMPAIGN ON BEHALF OF (OR IN OPPOSITION TO) ANY CANDIDATE FOR PUBLIC OFFICE. THE CORPORATION SHALL NOT CARRY ON ANY ACTIVITIES NOT PERMITTED TO BE CARRIED ON (A) BY A CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, OR (B) BY A CORPORATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C)(2) OF THE CODE, OR CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. FORM 990, PART III - PROGRAM SERVICE, LINE 4A MEETING STREET SCHOOLS (FKA MEETING STREET EDUCATION GROUP) OPERATING AS MEETING STREET ACADEMY (MSA-CHARLESTON) OPENED ITS DOORS IN CHARLESTON, SC IN AUGUST OF 2008 FOR APPROXIMATELY 45 PRESCHOOL CHILDREN, AGES THREE AND FOUR. SINCE THEN, WE HAVE ADDED A GRADE EVERY YEAR AND WE HAVE IMPLEMENTED A YEAR-ROUND SCHOOL YEAR THAT RUNS FROM JULY TO JUNE OF EACH YEAR. IN 2013, MSA-CHARLESTON ADDED ITS 4TH GRADE CLASS, BRINGING ITS TOTAL NUMBER OF STUDENTS TO 120. SPAWNED BY THE SUCCESS OF MSA-CHARLESTON, DONORS IN SPARTANBURG, SC BEGAN FUNDING THE START-UP AND GENERAL OPERATING COSTS FOR AN MSA-SPARTANBURG SCHOOL IN 2011. IN JULY OF 2012 MSA-SPARTANBURG OPENED ITS DOORS TO 37 PRESCHOOLERS, AGES THREE AND FOUR. IN 2013 MSA-SPARTANBURG ADDED ITS KINDERGARTEN CLASS, BRINGING ITS TOTAL NUMBER OF STUDENTS TO 53. MSA-SPARTANBURG FOLLOWS THE SAME PRACTICES AND PRINCIPLES AS MSA-CHARLESTON, WHICH WE HOPE WILL SERVE AS A MODEL THAT CAN BE REPLICATED ACROSS THE STATE OF SOUTH CAROLINA. FORM 990, PART VI, SECTION A, LINE 1 VOTING RIGHTS AMONG MEMBERS OF THE GOVERNING BODY ARE AS FOLLOWS: BOARD MEMBERS OF MEETING STREET SCHOOLS (FKA MEETING STREET EDUCATION GROUP): 1. BENJAMIN NAVARRO - PRESIDENT 2. SUSAN SHULER - TREASURER 3. GABRIELLE DALNEKOFF - SECRETARY 4. KELLY NAVARRO 5. KATHRYN SHORTER 6. CHRISTOPHER ALLEN 7. SUSAN MILLER 8. GEORGE JOHNSON, JR. BOARD MEMBERS OF MSA CHARLESTON LLC: 1. SUSAN MILLER - CHIEF OPERATING OFFICER 2. SUSAN SHULER - TREASURER 3. GABRIELLE DALNEKOFF - SECRETARY 4. BENJAMIN NAVARRO 5. KATHRYN SHORTER 6. CHRISTOPHER ALLEN 7. EDMUND NAVARRO 8. KELLY NAVARRO BOARD MEMBERS OF MSA SPARTANBURG LLC: 1. SUSAN MILLER - CHIEF OPERATING OFFICER 2. MICHAEL C. RUSS - TREASURER 3. SUSANNA PRESNELL JOHNSON - SECRETARY 4. BENJAMIN NAVARRO 5. KATHRYN SHORTER 6. GEORGE JOHNSON, III FORM 990, PART VI, SECTION A, LINE 2 BENJAMIN W. NAVARRO HAS A DIRECT BUSINESS RELATIONSHIP WITH SUSAN SHULER AND GABRIELA DALNEKOFF VIA SHERMAN CAPITAL MARKETS, LLC. MICHAEL C. RUSS HAS A BUSINESS RELATIONSHIP WITH GEORGE DEAN JOHNSON, JR. BENJAMIN W. NAVARRO, KELLY NAVARRO, AND EDMUND NAVARRO HAVE A FAMILY RELATIONSHIP. GEORGE DEAN JOHNSON III, SUSANNA PRESNELL JOHNSON, AND GEORGE DEAN JOHNSON, JR HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 SUSAN SHULER, THE MEETING STREET SCHOOLS'S TREASURER, REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. THE PERIODIC REVIEWS AT A MINIMUM INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATIONS' WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING THE COMPENSATION PAID TO THE CHIEF OPERATING OFFICER INCLUDES THE CHAIRMAN SOLICITING AND REVIEWING COMPARABLE COMPENSATION INFORMATION FROM OTHER PRIVATE SCHOOLS IN THE AREA TO BASE THE COMPENSATION ON THE MARKET, WHILE ALLOWING FOR ADJUSTMENTS BASED UPON OBJECTIVE AND SUBJECTIVE PERFORMANCE ASSESSMENTS. SUBSTANTIATION OF THE DELIBERATION AND DECISION ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND OTHER FINANCIAL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 24E SCHOOL SUPPLIES: PROGRAM SERVICE EXPENSES 67,575. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,575. UTILITIES: PROGRAM SERVICE EXPENSES 67,534. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,534. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 53,897. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,897. UNIFORMS: PROGRAM SERVICE EXPENSES 23,468. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,468. EXTRA CURRICULAR: PROGRAM SERVICE EXPENSES 17,476. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,476. PR/MEDIA: PROGRAM SERVICE EXPENSES 16,262. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,262. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 14,479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,479. CAPITAL ITEMS: PROGRAM SERVICE EXPENSES 13,811. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,811. RENT FOR LIVING EXPENSES: PROGRAM SERVICE EXPENSES 13,792. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,792. ADMISSIONS RELATED EXPENSES: PROGRAM SERVICE EXPENSES 13,276. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,276. MSEG RELATED EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,719. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,719. DEVELOPMENT RELATED EXPENSES: PROGRAM SERVICE EXPENSES 12,604. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,604. FIELD TRIPS: PROGRAM SERVICE EXPENSES 9,472. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,472. IN-SERVICE FEES: PROGRAM SERVICE EXPENSES 8,512. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,512. RECRUITING EXPENSES: PROGRAM SERVICE EXPENSES 7,429. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,429. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 7,022. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,022. SPECIAL EVENTS: PROGRAM SERVICE EXPENSES 3,852. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,852. PERSONNEL TRANSPORTATION: PROGRAM SERVICE EXPENSES 3,431. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,431. FORM 990, PART 1, LINE 1 THE ORGANIZATION HAS CHANGED IT'S NAME FROM MEETING STREET EDUCATION GROUP TO MEETING STREET SCHOOLS. THE ARTICLES OF AMENDEMENT TO CHANGE THE NAME OF THE ORGANIZATION FILED WITH THE STATE OF SOUTH CAROLINA AND APPROVED ARE ATTACHED. MEETING STREET ACADEMY - CHARLESTON LLC 200 MEETING STREET SUITE 206 CHARLESTON SC 29401 611661527 PRIVATE SCHOOL SC 4805943 23392407 MEETING STREET SCHOOLS MEETING STREET ACADEMY - SPARTANBURG LLC 200 MEETING STREET SUITE 206 CHARLESTON SC 29401 383853462 PRIVATE SCHOOL SC 85322 3354885 MEETING STREET SCHOOLS