2014-05-12T15:33:08-05:00 2013-06-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2012-07-01 061818759 THE SEED SCHOOL OF MARYLAND SEED 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 STANLEY ESTREMSKY 4108439477 2014-05-12 1 WILLIAM E TURCO CPA P00369217 3012963600 2012 2015-11-30 17:44:51Z KHALEK KIRKLAND 200 FONT HILL AVE BALTIMORE MD 212232703 21618310 0 X WWW.SEEDFOUNDATION.COM/SEED_SCHOOLS/MD X 2007 MD PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 20 17 159 17 0 0 4226748 7772973 11008984 13842349 10154 2589 0 399 15245886 21618310 0 0 0 0 6593129 7980584 0 0 232102 6258189 7115090 12851318 15095674 2394568 6522636 43370229 55337147 26097804 31542086 17272425 23795061 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 0 0 13325964 13842349 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 13325964 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 32 0 1 159 1 0 0 0 0 0 0 0 0 0 0 X 20 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MD X STANLEY ESTREMSKY 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 EARL ADAMS JR 2.00 X 0 0 0 KATIE DEL CARMEN BYRAM 2.00 X 0 0 0 JOHN H CLASTER 2.00 X 0 0 0 THE HONORABLE ELIJAH E CUMMINGS 2.00 X 0 0 0 MORTON FISHER 2.00 X 0 0 0 JENNIFER GALAMBOS 2.00 X 0 0 0 KELLY TUBMAN HARDY 2.00 X 0 0 0 DOUGLAS M HOFFBERGER 2.00 X 0 0 0 PAULA C HOLLINGER 2.00 X 0 0 0 SONYA Y HOPSON 2.00 X 0 0 0 HARRY LEBOW 2.00 X 0 0 0 KEVIN LILES 2.00 X 0 0 0 MARC E MILLER 2.00 X 0 0 0 CRAIG THOMPSON 2.00 X 0 0 0 SALLY THORNER 2.00 X 0 0 0 LYNN MORRISON VENETOULIS 2.00 X 0 0 0 ELEANOR WHITE EDD 2.00 X 0 0 0 ERIC S ADLER 2.50 37.50 X 0 176065 25550 RAJIV VINNAKOTA 2.50 37.50 X 0 263445 26715 SHANE S MULHERN 2.50 37.50 X 0 0 0 KHALEK KIRKLAND 40.00 X 163816 0 47461 STAN ESTREMSKY 40.00 X 113642 0 17862 277458 439510 117588 2 0 1 0 WHITING TURNER CONTRACTING COMPANY 7475 WISCONSIN AVE SUITE 400 BETHESDA MD 20814 CONSTRUCTION SERVICES 2919519 THE ABUNDANCE CATERING COMPANY 9 VERNON AVENUE GLEN BURNIE MD 21061 FOOD SERVICES 995252 BCG 600 DELRAN PARKWAY SUITE B DEELRAN NJ 08075 EMPLOYEE RETIREMENT CONSULTANTS 405336 WOODLAWN MOTOR COACH INC 6523 BALTIMORE NATIONAL PIKE BALTIMORE MD 21228 CHARTER BUS SERVICE 372352 FORMOST INDUSTRIES 2375 BUCHANAN TRAIL WEST GREENCASTLE PA 17225 MODULAR HOME CONSTRUCTION 261665 14 2144000 681521 4947452 7772973 PER PUPIL ALLOCATION 900099 13842349 13842349 13842349 2589 2589 OTHER REVEMIE 900009 399 399 399 21618310 13842349 0 2988 787915 704018 83897 5630200 5630200 262592 231081 26259 5252 766699 670376 91814 4509 533178 469196 53318 10664 383340 127780 127780 127780 5537 5537 111257 104317 6940 82100 46450 35650 29228 25640 3588 156982 138144 18838 1727212 1632929 94283 38747 34097 4650 595796 590897 4899 1391900 1224872 167028 130446 27500 102946 DEPARTMENT EXPENSES 2118906 2118906 OTHER EXPENSES 294922 210708 84214 AMORTIZATION 48717 42871 5846 15095674 13325964 1537608 232102 6137252 6462384 1909583 3091149 31000 1500 640 8753 49102366 4111785 34090500 44990581 1201254 782780 43370229 55337147 1242804 4066169 24855000 24250000 2983701 0 242216 26097804 31542086 X 15091817 19235671 2180608 4559390 17272425 23795061 43370229 55337147 6522636 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34084160 2637683 31446477 7786 1730 6056 15010420 1472372 13538048 44990581 DUE TO THE SEED FOUNDATION, INC. 225149 CAPITAL LEASE OBLIGATION 17067 242216 X 21618310 0 21618310 0 21618310 15095674 0 15095674 0 15095674 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. UNDER SECTION 501(C)(3) OF THE IRC, THE SCHOOL IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE SCHOOL DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2013. THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL SHALL ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN. IT WILL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS, OR ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SEED SCHOOL OF MARYLAND RECEIVES A STUDENT ALLOCATION FROM THE STATE OF MARYLAND TO COVER THE COST OF ACADEMIC AND FACILITIES EXPENSES. X 0 0 X X X 0 0 0 0 0 0 0 1 0 ERIC S ADLER 0 163687 0 10000 0 2378 0 10500 0 21483 0 208048 0 0 RAJIV VINNAKOTA 0 231121 0 30000 0 2324 0 14100 0 13406 0 290951 0 0 KHALEK KIRKLAND 153816 0 10000 0 0 0 9540 0 40747 0 214103 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDED NON-TAXABLE HOUSING IN THE AMOUNT OF $24,000 TO KHALEK KIRKLAND. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN D. PART I, LINE 7 BONUS PAYMENTS WERE MADE BASED ON CONTRACT, AS WELL AS BOARD DISCRETION. SUPPLEMENTAL INFORMATION PART III THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER AND RAJIV VINNAKOTA. THE SCHOOL DOES NOT COMPENSATE THESE INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE SEED FOUNDATION. THE SEED FOUNDATION BOARD OF DIRECTORS APPROVES THE COMPENSATION OF ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES AS PART OF APPROVING THE ANNUAL BUDGET. MEMBERS OF THE BOARD OF DIRECTORS RECEIVE NO COMPENSATION. THE BOARD OF DIRECTOR SET THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY CONSIDERING TWO FACTORS 1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON IT BUDGET CONSTRAINTS. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2010-01-21 25000000 TO FINANCE THE ACQUISITION, CONSTRUCTION AND RENOVATION OF THE CAMPUS 1 0 0 A 750000 25000000 25000000 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE PREPARED BY MCGLADREY LLP, CPAS AND REVIEWED BY THE MANAGING DIRECTOR IN DETAIL. THE RETURN WILL THEN BE FORWARDED TO THE HEAD OF THE SCHOOL, THE CFO OF THE SEED FOUNDATION FOR FURTHER REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C YEARLY BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT OR TO DISCLOSE ANY SUCH CONFLICTS THAT MAY OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF DIRECTORS AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. IN ADDITION, A COMPARATIVE SALARY SURVEY WAS PERFORMED BY THE BOARD AT TIME OF HIRE. THE BOARD DECISIONS WERE IN THE BOARD MINUTES AT THE THE TIME OF HIRE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AN FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. COMPENSATION DETERMINATION FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER, PYPER DAVIS, AND RAJIV VINNAKOTA. THE SCHOOL DOES NOT COMPENSATE THESE INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE SEED FOUNDATION. THE SEED FOUNDATION BOARD OF DIRECTORS APPROVES THE COMPENSATION OF ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES AS PART OF APPROVING THE ANNUAL BUDGET. MEMBERS OF THE BOARD OF DIRECTORS RECEIVE NO COMPENSATION. THE BOARD OF DIRECTOR SET THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY CONSIDERING TWO FACTORS1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON IT BUDGET CONSTRAINTS. SEED FOUNDATION 1776 MASSACHUTSETTS AVENUE WASHINGTON DC 20036 541850819 MANAGERIAL SUPPORT AND DEVELOPMENT OF SCHOOLS DC 501(C)(3) LINE 9 N/A 0 THE SEED PUBLIC CHARTER SCHOOL OF WASHINGTON DC 4300 C STREET SE WASHINGTON DC 20019 522099612 BOARDING SCHOOL DC 501(C)(3) LINE 2 THE SEED FOUNDATION 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 SEED FOUNDATION E 27838107 COST SEED FOUNDATION M 393548 COST SEED FOUNDATION P 225149 COST SEED FOUNDATION C 2144000 CASH