INNOVATE MANHATTAN CHARTER SCHOOL: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- INNOVATE MANHATTAN CHARTER SCHOOL (EIN 27-4521733)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2014-11-03
- IRS object ID
- 201423079349301312
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-03T12:24:30-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 161092347 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MENGEL METZGER BARR & CO LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CHESTNUT STREET SUITE 1200 | AddressLine1 |
| City | ROCHESTER | City |
| State | NY | State |
| ZIP Code | 14604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274521733 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INNOVATE MANHATTAN CHARTER SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INNO | BusinessNameControlTxt |
| Phone | 2124324310 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 DELANCEY STREET 3RD FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10002 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARL ALOI | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2124324310 | PhoneNum |
| Signature | 2014-10-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHELBY L STENSON | PreparerPersonNm |
| PTIN | P00440078 | PTIN |
| Phone | 5854231860 | PhoneNum |
| Preparation | 2014-10-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CARL ALOI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 DELANCEY STREET 3RD FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,732,793 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.INNOVATEMANHATTANCHARTERSCHOOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF INNOVATE MANHATTAN CHARTER SCHOOL IS TO CULTIVATE IN OUR STUDENTS THE UNITY OF KNOWLEDGE, SKILLS, AND PERSONAL DEVELOPMENT THAT CONSTITUTES THE EMPOWERED INDIVIDUAL. IT IS FUNDAMENTAL TO OUR EDUCATIONAL CONCEPT THAT ALL PEOPLE ARE DIFFERENT, LEARN IN DIFFERENT WAYS AND AT DIFFERENT RATES, AND HAVE THE RIGHT TO A PERSONAL CHALLENGE EVERY DAY. THEREFORE, WE CONTRIBUTE TO THE QUALITY AND MOSAIC OF EDUCATIONAL INNOVATIONS IN NEW YORK BY OFFERING OUR 6TH-8TH GRADERS A COHERENT MODEL FOR PERSONALIZED EDUCATION THAT IS BASED ON INDIVIDUAL COACHING, GOALS, AND ACCOUNTABILITY COMBINED WITH STATE-OF-THE-ART LEARNING TECHNOLOGY AND THE INTERNATIONAL EXCHANGE OF IDEAS AND EXPERIENCES. UPON GRADUATION, ALL INNOVATE STUDENTS WILL HAVE ACHIEVED MORE THAN THEY THOUGHT POSSIBLE AND BE POISED FOR SUCCESS IN HIGH SCHOOL AND COLLEGE WHILE LIVING A FULFILLED, PURPOSEFUL LIFE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 35 | TotalEmployeeCnt |
| Total Volunteers | 11 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $547,694 | PYContributionsGrantsAmt |
| CY Contributions Grants | $180,620 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,716,351 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,519,591 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$5,151 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,237 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $26,986 | CYOtherRevenueAmt |
| PY Total Revenue | $3,258,894 | PYTotalRevenueAmt |
| CY Total Revenue | $2,725,960 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,890,341 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,375,422 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,479,293 | PYOtherExpensesAmt |
| CY Other Expenses | $1,648,640 | CYOtherExpensesAmt |
| PY Total Expenses | $3,369,634 | PYTotalExpensesAmt |
| CY Total Expenses | $3,024,062 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$110,740 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$298,102 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,610,947 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,305,550 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,117,179 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,109,884 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $493,768 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $195,666 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF INNOVATE MANHATTAN CHARTER SCHOOL IS TO CULTIVATE IN OUR STUDENTS THE UNITY OF KNOWLEDGE, SKILLS, AND PERSONAL DEVELOPMENT THAT CONSTITUTES THE EMPOWERED INDIVIDUAL. IT IS FUNDAMENTAL TO OUR EDUCATIONAL CONCEPT THAT ALL PEOPLE ARE DIFFERENT, LEARN IN DIFFERENT WAYS AND AT DIFFERENT RATES, AND HAVE THE RIGHT TO A PERSONAL CHALLENGE EVERY DAY. THEREFORE, WE CONTRIBUTE TO THE QUALITY AND MOSAIC OF EDUCATIONAL INNOVATIONS IN NEW YORK BY OFFERING OUR 6TH-8TH GRADERS A COHERENT MODEL FOR PERSONALIZED EDUCATION THAT IS BASED ON INDIVIDUAL COACHING, GOALS, AND ACCOUNTABILITY COMBINED WITH STATE-OF-THE-ART LEARNING TECHNOLOGY AND THE INTERNATIONAL EXCHANGE OF IDEAS AND EXPERIENCES. UPON GRADUATION, ALL INNOVATE STUDENTS WILL HAVE ACHIEVED MORE THAN THEY THOUGHT POSSIBLE AND BE POISED FOR SUCCESS IN HIGH SCHOOL AND COLLEGE WHILE LIVING A FULFILLED, PURPOSEFUL LIFE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,538,255 | ExpenseAmt |
| Revenue | $2,527,832 | RevenueAmt |
| Desc | UPON ENTERING INNOVATE, THE STUDENT AND HER FAMILY WILL MEET HER PERSONAL COACH. TOGETHER THEY IDENTIFY THE STUDENT'S LONG-TERM EDUCATIONAL GOALS. THESE LONG-TERM GOALS ARE DOCUMENTED IN THE EDUCATIONAL DOCUMENTATION SYSTEM (EDS), AND THE STUDENT'S PERSONALIZED STRATEGIES FOR LEARNING ARE ESTABLISHED. ALL STUDENTS ARE ASSESSED AS THEY ENTER INNOVATE TO DETERMINE WHAT KNOWLEDGE THEY HAVE GAINED PREVIOUSLY. WE THEN PERSONALIZE THEIR LEARNING PLAN ACCORDING TO WHERE THEY ARE AND WHERE THEY NEED TO GO. ALL SUBJECTS AT INNOVATE ARE ORGANIZED AS STEP COURSES OR THEMATIC COURSES. EVERY STUDENT AT INNOVATE MEETS WITH THEIR COACH FOR A 15-MINUTE STRUCTURED COACHING SESSION EACH AND EVERY WEEK. THE COACH AND STUDENT COLLABORATE TO DEFINE THE STUDENT'S GOALS, FIND THE RIGHT LEARNING STRATEGIES AND MIX OF ACADEMIC SESSIONS TO MEET THEM, AND REFLECT ON HER OR HIS CHALLENGES AND ACHIEVEMENTS. | Desc |
| Total Program Service Expenses | $2,538,255 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 35 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID PENBERG | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124324310 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 38 DELANCEY STREET 3RD FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10002 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| SIMEON STOLZBERG | ||||||
| PARTIAL YEAR TRUSTEE/CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CLAUDIA HINDO | ||||||
| PARTIAL YEAR TRUSTEE/SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SHEREEN BEYDOUN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CARL ALOI | ||||||
| PRESIDENT / TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| NATASHA LIFTON | ||||||
| PARTIAL YEAR TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELLEN BAKST | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATHY MONE | ||||||
| VICE-PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| VINCENT CHOI | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANITA HAMMOND | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LINDA CORRIN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JESSICA BLOOMGARDEN | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GAYLA THOMPSON | ||||||
| HEAD OF SCHOOL THRU 6/26/13 | 45.00 | Yes (X) | $55,014 | $0 | $0 | |
| DAVID PENBERG | ||||||
| HEAD OF SCHOOL | 45.00 | Yes (X) | $0 | $0 | $0 | |
| PETER KATCHER | ||||||
| ASSOCIATE HEAD OF SCHOOL | 45.00 | Yes (X) | $0 | $0 | $0 | |
| SIMI BINDRA | ||||||
| HEAD OF SCHOOL 7/1/13-9/30/13 | 45.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $55,014 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KUNSKAPSSKOLAN | |||||
| 349 5TH AVE | NEW YORK | NY | 10016 | RENT | $515,316 |
| KUNSKAPSSKOLAN | |||||
| 349 5TH AVE | NEW YORK | NY | 10016 | CONSULTING SERVICES | $217,532 |
| CHARTER SCHOOL BUSINESS MANAGEMENT INC | |||||
| 237 WEST 35TH STREET SUITE 301 | NEW YORK | NY | 10001 | FINANCIAL MANAGEMENT SERVICES | $106,795 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $174,763 | GovernmentGrantsAmt |
| All Other Contributions | $5,857 | AllOtherContributionsAmt |
| Noncash Contributions | $9,933 | NoncashContributionsAmt |
| Total Contributions | $180,620 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STATE AND LOCAL PER PU | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $2,519,591 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,519,591 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,519,591 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $95 | TotalRevenueColumnAmt |
| Exclusion | $95 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,413 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,413 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,413 | TotalRevenueColumnAmt |
| Exclusion | $17,413 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $5,501 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $6,833 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,332 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,332 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,332 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INSURANCE RECOVERY | 900099 | $8,898 | $8,898 |
| MISCELLANEOUS | 900099 | $675 | $675 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,573 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,725,960 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,527,832 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $17,508 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,118,051 | TotalAmt |
| Program Services | $1,012,377 | ProgramServicesAmt |
| Management And General | $105,674 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,589 | TotalAmt |
| Program Services | $20,565 | ProgramServicesAmt |
| Management And General | $2,024 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,121 | TotalAmt |
| Program Services | $121,444 | ProgramServicesAmt |
| Management And General | $12,677 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,661 | TotalAmt |
| Program Services | $91,147 | ProgramServicesAmt |
| Management And General | $9,514 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,532 | TotalAmt |
| Program Services | $184,902 | ProgramServicesAmt |
| Management And General | $32,630 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,770 | TotalAmt |
| Management And General | $6,770 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,715 | TotalAmt |
| Management And General | $115,715 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,799 | TotalAmt |
| Program Services | $22,387 | ProgramServicesAmt |
| Management And General | $3,412 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,811 | TotalAmt |
| Program Services | $20,424 | ProgramServicesAmt |
| Management And General | $387 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,517 | TotalAmt |
| Program Services | $27,585 | ProgramServicesAmt |
| Management And General | $9,932 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,442 | TotalAmt |
| Program Services | $35,714 | ProgramServicesAmt |
| Management And General | $3,728 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $645,509 | TotalAmt |
| Program Services | $584,498 | ProgramServicesAmt |
| Management And General | $61,011 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,330 | TotalAmt |
| Management And General | $83,330 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $362,737 | TotalAmt |
| Program Services | $328,452 | ProgramServicesAmt |
| Management And General | $34,285 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,276 | TotalAmt |
| Program Services | $21,982 | ProgramServicesAmt |
| Management And General | $2,294 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CIRRICULUM & CLASSROOM | $47,067 | $47,067 | |
| STUDENT SERVICES | $10,256 | $10,256 | |
| PROFESSIONAL DEVELOPMEN | $10,066 | $9,455 | $611 |
| BAD DEBT | $1,582 | $1,582 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231 | TotalAmt |
| Management And General | $231 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,024,062 | TotalAmt |
| Program Services | $2,538,255 | ProgramServicesAmt |
| Management And General | $485,807 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,579 | BOYAmt |
| EOY | $38,029 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,056 | BOYAmt |
| EOY | $75,123 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,167 | BOYAmt |
| EOY | $28,573 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,014 | BOYAmt |
| EOY | $3,057 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,717,477 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $718,919 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,344,596 | BOYAmt |
| EOY | $1,998,558 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,535 | BOYAmt |
| EOY | $162,210 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,610,947 | BOYAmt |
| EOY | $2,305,550 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,388 | BOYAmt |
| EOY | $102,037 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,163 | BOYAmt |
| EOY | $12,413 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,601,043 | BOYAmt |
| EOY | $1,554,310 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,892 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $456,693 | BOYAmt |
| EOY | $441,124 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,117,179 | BOYAmt |
| EOY | $2,109,884 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $493,768 | BOYAmt |
| EOY | $195,666 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $493,768 | BOYAmt |
| EOY | $195,666 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,610,947 | BOYAmt |
| EOY | $2,305,550 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$298,102 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,013,452 | OtherCostOrOtherBasisAmt |
| Depreciation | $332,673 | DepreciationAmt |
| Book Value | $1,680,779 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $704,025 | OtherCostOrOtherBasisAmt |
| Depreciation | $386,246 | DepreciationAmt |
| Book Value | $317,779 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,998,558 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSIT | Desc |
| Book Value | $162,210 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $162,210 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED EXPENSES | $55,332 |
| ACCRUED PAYROLL | $122,410 |
| OTHER ACCRUED LIABILITIES | $124,000 |
| DEFERRED LEASE LIABILITY | $139,382 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $441,124 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,951,536 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $224,244 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $1,332 | OtherRevenueAmt |
| Revenue Not Reported | $225,576 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,725,960 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,725,960 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,249,638 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $224,244 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,332 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $225,576 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,024,062 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,024,062 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2012 THROUGH JUNE 30, 2014 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF ASSETS 1,332. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF ASSETS 1,332. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | 0 | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL DISSEMINATES ITS POLICY ON OUTREACH MATERIAL, APPLICATIONS AND ITS WEBSITE. |
| SCHEDULE E, PART I, LINE 4 | THE SCHOOL IS A FREE PUBLIC CHARTER SCHOOL, NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE IS OFFERED. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVES PER PUPIL FUNDING FROM NYS BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE CHARTER SCHOOL HAS A LICENSING AND CONSULTING SERVICES AGREEMENT WITH KUNSKAPSSKOLAN USA, INC. ("KUSA") TO PROVIDE A COMPREHENSIVE EDUCATION PROGRAM AND CONSULTING TO IMPLEMENT THE PROGRAM. EFFECTIVE OCTOBER 2013, THE CHARTER SCHOOL AMENDED THE AGREEMENT WITH KUSA TO PROVIDE MANAGEMENT AND CONSULTING SERVICES AS WELL AS HIRING, SUPERVISING, AND PERFORMANCE MANAGING THE HEAD AND ASSISTANT HEAD OF THE SCHOOL. THE CHARTER SCHOOL PAID $217,532 TO KUSA FOR REIMBURSEMENT OF THE HIRING, SUPERVISING, AND PERFORMANCE MANAGING OF THE HEAD AND ASSISTANT HEAD OF SCHOOL. OF THE $217,532 PAID TO KUSA THE CHARTER SCHOOL REIMBURSED SALARIES OF $41,684 FOR SIMI BINDRA (HEAD OF SCHOOL 7/1/13-9/30/13), $104,690 FOR DAVID PENBERG (HEAD OF SCHOOL STARTING 12/23/13), AND $48,184 FOR PETER KATCHER (ASSISTANT HEAD OF THE SCHOOL). KUSA PROVIDED IN-KIND SERVICES OF $224,244 DURING THE YEAR ENDED JUNE 30, 2014 FOR THE LICENSING AND CONSULTING SERVICES PROVIDED THE CHARTER SCHOOL. KUSA RENTS THE SCHOOL FACILITY TO THE CHARTER SCHOOL AND RECEIVED RENT OF $515,316 FROM THE CHARTER SCHOOL DURING THE YEAR ENDED JUNE 30, 2014. THE CHARTER SCHOOL HAS A NOTE PAYABLE TO KUSA OF $1,554,311 AS OF JUNE 30, 2014. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE SCHOOL DOCUMENTED ALL MEETINGS OF THE BOARD DURING THE YEAR, HOWEVER DID NOT DOCUMENT ALL THE MEETINGS OF THE FINANCE COMMITTEE. THE SCHOOL INTENDS TO DOCUMENT ALL FUTURE FINANCE COMMITTEE MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DRAFT FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL AND THE FINANCE COMMITTEE. THE BOARD APPROVES FORM 990 WHICH IS THEN SIGNED BY THE BOARD DESIGNEE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE SCHOOL CONTINUALLY MONITORS AND ANNUALLY SURVEYS TRUSTEES, OFFICERS, AND KEY EMPLOYEES IN ORDER TO IDENTIFY POSSIBLE CONFLICTS OF INTEREST. MEMBERS ARE REQUIRED TO DISCLOSE INFORMATION ABOUT THE INTEREST WHICH COULD LEAD TO CONFLICTS OF INTEREST TO THE CHAIRPERSON OF THE BOARD. IN REGARDS TO ACTUAL OR APPARENT CONFLICTS OF INTEREST, A DIRECTOR SHALL: 1) REFRAIN FROM ANY USE OF THEIR POSITION AS A DIRECTOR WHICH IS MOTIVATED BY, OR GIVES THE APPEARANCE OF BEING MOTIVATED BY, THE DESIRE FOR GAIN FOR THE DIRECTOR OR FOR OTHER PERSON OR ORGANIZATION WITH WHICH HE/SHE IS ASSOCIATED; 2) DISQUALIFY HIMSELF/HERSELF FROM FORMAL OR INFORMAL DISCUSSION WITH DIRECTORS OR PARTICIPATION IN ANY DECISIONS WHICH POSE A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE SCHOOL SEEKS TO ENSURE THAT COMPENSATION IS REASONABLE AND REPRESENTS THE FAIR MARKET VALUE FOR SERVICES RENDERED. COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE SCHOOL SETS COMPENSATION WITHIN THE RANGE OF THE GOING MARKET RATE. NO INDIVIDUAL HAVING A CONFLICT OF INTEREST UNDER THE SCHOOL'S CONFLICT OF INTEREST POLICY IS PERMITTED TO PARTICIPATE IN THE REVIEW OR DECISION MAKING PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THESE DOCUMENTS ARE LOCATED AT THE SCHOOL AND ARE AVAILABLE UPON REQUEST. THEY ARE ALSO AVAILABLE ON GUIDESTAR.ORG |
| FORM 990, PART XII, LINE 2C | THE PROCESS IS CONSISTENT WITH PRIOR YEARS. |
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