2014-05-14T14:55:51-05:00 2013-06-30 621152935 ZOCCOLA KAPLAN PLLC 6800 POPLAR AVENUE STE 210 GERMANTOWN TN 38138 990 2012-07-01 943487601 READ FOUNDATION READ 9013677814 4450 S MENDENHALL RD MEMPHIS TN 38141 ALI GUMUS 9013677814 2014-05-14 1 MARCUS ROUNTREE P00747095 9015238283 2012 2015-11-30 17:44:51Z MEMPHIS SCHOOL OF EXCELLENCE ALI GUMUS 4450 S MENDENHALL RD MEMPHIS TN 38141 3094289 0 X WWW.SEMEMPHIS.ORG X 2009 TN TO PROVIDE A SAFE AND COLLABORATIVE ENVIRONMENT WHICH WILL CULTIVATE THE ACADEMIC AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY EMPHASIZING MATH, SCIENCE, AND TECHNOLOGY FOR THE PURPOSE OF STUDENTS SETTING AND MEETING HIGHER EDUCATION GOALS. 5 5 42 20 0 0 681697 0 2529351 3094289 0 0 0 0 3211048 3094289 0 0 0 0 1584529 1764388 0 0 7862 1079814 1271971 2664343 3036359 546705 57930 2380884 2410394 910676 882256 1470208 1528138 X THE MISSION OF MEMPHIS SCHOOL OF EXCELLENCE IS TO PROVIDE A SAFE AND COLLABORATIVE ENVIRONMENT WHICH WILL CULTIVATE THE ACADEMIC AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY EMPHASIZING MATH, SCIENCE, AND TECHNOLOGY FOR THE PURPOSE OF STUDENTS SETTING AND MEETING HIGHER EDUCATION GOALS. 0 0 1596650 3094289 OPERATES AN ALTERNATIVE SCHOOL TO IMPROVE THE LEARNING OF STUDENTS WITH SPECIAL NEEDS AS SPECIFIED IN THE FEDERAL INDIVIDUALS WITH DISABILITIES EDUCATION ACT. 1596650 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 42 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X X ALI GUMUS 9013677814 4450 S MENDENHALL RD MEMPHIS TN 38141 CEM AKKUS 2.00 X X 0 0 0 MUTLU CELIKOK 2.00 X X 0 0 0 OZGENC AKTAS-KOCAK 2.00 X X 0 0 0 EMIN KUSCU 2.00 X X 0 0 0 ROBERT P CONNOLLY 2.00 X 0 0 0 ALI GUMUS 2.00 X X 88625 0 0 MUHAMMET TURKAY 2.00 X 84791 0 0 173416 0 0 0 0 0 0 RREEF AMERICA REIT II PO BOX 9046 ADDISON TX 750019046 RENT 528378 1 GRANT REVENUE 611710 2903084 2903084 OTHER CAPITAL OUTLAY 611710 138618 138618 STUDENT SERVICES 611710 52587 52587 3094289 3094289 3094289 0 0 1376150 1172310 203840 123917 105051 18866 153972 107955 46017 110349 94521 15828 12504 12504 8250 8250 150757 11237 139520 20724 20724 573489 573489 158076 158076 22827 22827 5775 5775 232148 26063 205305 780 INSTRUCTIONAL SUPPLIES 36179 36179 STAFF DEVELOPMENT 32728 12061 20667 TEXTBOOKS 8446 8446 FOOD EXPENSE 7082 7082 2986 2986 3036359 1596650 1431847 7862 125194 351294 17224 39614 50000 50096 2487081 517691 2188466 1969390 2380884 2410394 38530 33935 872146 848321 910676 882256 X 1470208 1528138 1470208 1528138 2380884 2410394 57930 0 X 0 1 X 1 0 X 2231697 428383 1803314 255384 89308 166076 1969390 X 3094289 0 3094289 0 3094289 3036359 0 3036359 0 3036359 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL ADOPTED THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, WHICH PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO EVALUATE THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE SCHOOL HAS DETERMINED THAT THE APPLICATION OF THE INCOME TAXES STANDARD DOES NOT IMPACT THE OPERATIONS OF THE SCHOOL AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE SCHOOL'S FINANCIAL STATEMENTS. THERE HAVE BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF FINANCIAL POSITION OR STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE YEAR ENDED JUNE 30, 2013. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THE SCHOOL IS A PUBLIC CHARTER SCHOOL. SCHOLARSHIPS ARE NOT OFFERED. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FINANCIAL AID FROM THE FEDERAL GOVERNMENT AND THE STATE OF TENNESSEE THROUGH THE FOLLOWING AWARDS: TITLE 1, CAPITAL OUTLAY, AND THE PLANNING AND IMPLEMENTATION GRANT FOR TENNESSEE PUBLIC CHARTER SCHOOLS. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD REVIEWS FORM 990 FOR APPROVAL BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY BOARD MEMBERS, KEY EMPLOYEES AND STAFF ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE KEY EMPLOYEES IS DETERMINED BY THE BOARD OF THE READ FOUNDATION DBA MEMPHIS SCHOOL OF EXCELLENCE. COMPENSATION AMOUNTS ARE CALCULATED AND APPROVED BASED ON PAY SCALE OF MEMPHIS CITY SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE (SEMEMPHIS.ORG/DOCUMENTS/FORM990-2010-2011.PDF) AS WELL AS UPON REQUEST.