2014-05-14T13:50:18-05:00 2013-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2012-07-01 264243160 SUMMIT ACADEMY CHARTER SCHOOL SUMM 3472426710 27 HUNTINGTON STREET NO 321 BROOKLYN NY 11231 NATASHA CAMPBELL 3472426710 2014-05-13 1 MICHELLE CAIN P00150750 5854231860 2014-04-03 2012 2015-11-30 17:44:51Z NATASHA CAMPBELL 27 HUNTINGTON STREET NO 321 BROOKLYN NY 11231 4186802 0 X WWW.SUMMITACADEMYCHARTERSCHOOL.ORG X 2009 NY OUR MISSIONSUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITIES BY PREPARING 6TH THROUGH 12TH GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP. BY ENGAGING STUDENTS WITH AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM AND SUPPORTING THEM IN A COMMUNITY FOCUSED ON HIGH ACADEMIC ACHIEVEMENT AND STRONG CHARACTER BUILDING, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES. 11 11 57 12 0 0 379773 208422 3613114 3978343 33 -35963 0 0 3992920 4150802 0 0 0 0 2523668 3028712 0 42750 61350 1156436 1464297 3680104 4535759 312816 -384957 1593061 1347590 215937 355423 1377124 992167 X OUR MISSIONSUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITIES BY PREPARING 6TH THROUGH 12TH GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP. BY ENGAGING STUDENTS WITH AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM AND SUPPORTING THEM IN A COMMUNITY FOCUSED ON HIGH ACADEMIC ACHIEVEMENT AND STRONG CHARACTER BUILDING, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES. 0 0 3907650 3978343 THE PURPOSE OF THE SCHOOL IS TO PREPARE STUDENTS IN GRADES SIX THROUGH TWELVE FOR EDUCATIONAL SUCCESS FROM MIDDLE SCHOOL THROUGH COLLEGE. THIS WILL BE ACCOMPLISHED THROUGH A DEMANDING DATA DRIVEN EDUCATION BASED ON HIGH STANDARDS, STRUCTURE, AND ACCOUNTABILITY. THE SCHOOL CURRENTLY SERVES APPROXIMATELY 240 STUDENTS IN GRADES SIX THROUGH NINE WITH A GROWTH PLAN THAT INCLUDES ADDING A GRADE EACH YEAR UNTIL CAPCITY IS MET AT TWELFTH GRADE AND APPROXIMATELY 400 STUDENTS. 3907650 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 57 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SAMEASE HANDSHAW 7189139624 27 HUNTINGTON STREET ROOM 321 BROOKLYN NY 11231 ROBERT BRISSETT 1.00 X X 0 0 0 EUGENE MOORE 1.00 X X 0 0 0 FLOYD MITCHELL 1.00 X X 0 0 0 DOROTHY SHIELDS 1.00 X 0 0 0 CHAKA PILGRIM 1.00 X 0 0 0 DENNIS MCINTOSH 1.00 X 0 0 0 GREGORY STANISLAUS 1.00 X 0 0 0 TONY CARBONE 1.00 X X 0 0 0 CORINNE PASCARIU 1.00 X 0 0 0 JOHN BAILIN 1.00 X 0 0 0 JOANNA ADRIAN 1.00 X 0 0 0 NATASHA CAMPBELL 60.00 1.00 X 152039 0 13575 SEMEASE HANDSHAW 50.00 1.00 X 84360 0 8400 SHAHARA JACKSON 50.00 X 122160 0 14500 358559 0 36475 2 0 1 0 SIGNATURE LEARNING RESOURCES 119 W 21ST ST SUITE 701 NEW YORK NY 10010 SPECIAL EDUCATION SUPPORT 189351 1 195865 12557 208422 STATE AND LOCAL PER PU 611600 3978343 3978343 3978343 37 37 36000 -36000 -36000 -36000 4150802 3978343 0 -35963 263151 148665 114486 2248827 2095666 141659 11502 4693 4627 66 298091 267358 29322 1411 213950 192329 20634 987 3227 3227 78810 78810 42750 42750 313020 220072 91698 1250 78976 74202 4774 79164 71239 7577 348 61552 55331 5936 285 213 213 102702 92321 9905 476 21133 18997 2136 INSTRUCTIONAL SUPPLIES 415571 415571 0 STAFF DEVELOPMENT 275194 219218 55858 118 EVENTS 21515 21427 0 88 STUDENT MEALS 6988 6988 0 0 6232 3639 524 2069 4535759 3907650 566759 61350 484477 165229 75028 75065 72490 354230 26300 26300 229862 278742 720174 272150 485813 448024 219091 0 1593061 1347590 83888 119537 3355 0 128694 235886 215937 355423 X 1377124 992167 1377124 992167 1593061 1347590 -384957 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160074 160074 560100 272150 287950 448024 DEFERRED LEASE LIABILITY 4667 ACCRUED PAYROLL 231219 235886 X 4186802 36000 36000 4150802 0 4150802 4571759 36000 36000 4535759 0 4535759 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CHARTER SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2013, THE CHARTER SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDED BEFORE JUNE 30, 2010. TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2010 THROUGH JUNE 30, 2013 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 FROM WRITE OFF OF FIXED ASSET 36,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS FROM WRITE OFF OF FIXED ASSET 36,000. 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 ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE REGISTRATION PERIOD BY LISTING THE POLICY IN OUR NEWSPAPER ADVERTISEMENT, ENROLLMENT APPLICATIONS AND ON OUR PUBLIC WEBSITE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES START-UP GRANTS FOR FACILITIES AND IMPLEMENTATION AND CORE PUPIL AID. X X 1 THE GIDDINGS GROUP LLC 102 MALI DRIVE NORTH PLAINFIELD NJ 07062 GRANT WRITING, GENERAL FUNDRAISING SUPPORT, AND MARKETING 0 0 42750 -42750 42750 -42750 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE SCHOOL PAID AN ORGANIZATION $42,750 FOR GRANT WRITING AND GENERAL FUNDRAISING SUPPORT. X X 0 0 0 0 0 0 0 0 0 NATASHA CAMPBELL 131298 0 20741 0 0 0 9575 0 4000 0 165614 0 0 0 FRIENDS OF SUMMIT INC RELATED 501(C)(3) ORGANIZATION TO ASSIST THE ORAGNIZATION IN OBTAINING ITS CHARTER. X 26300 26300 0 1 1 26300 CONTINUATION OF MISSION FORM 990, PART I, LINE 1 VISION SUMMIT ACADEMY DEVELOPS ACADEMIC EXCELLENCE, INSTILLS CHARACTER, AND CULTIVATES LEADERSHIP. OUR ACADEMIC PROGRAM AND COLLEGE PREPARATORY CURRICULUM ARE STRUCTURED TO ACCOMPLISH TWO GOALS: (1) STUDENT ACQUISITION AND MASTERY OF BASIC LITERACY, NUMERACY, AND WRITING SKILLS AND (2) STUDENT APPLICATION OF BASIC SKILLS TO SYNTHESIZE, ANALYZE, APPLY, AND MAKE INFERENCES ABOUT CONTENT THAT IS MORE CHALLENGING AND COMPLEX. STUDENTS WILL BE ABLE TO ANSWER THE WHAT, WHY AND HOW IN ALL SUBJECT AREAS. STAFF, STUDENTS, FAMILIES AND THE COMMUNITY ARE INVOLVED IN THE EDUCATIONAL PROCESS TO CREATE A SAFE, SUPPORTIVE ENVIRONMENT WHERE STUDENTS ARE MOTIVATED TO LEARN AND BELIEVE THAT SUCCESS IS ATTAINABLE. EVERYONE HONORS AND RESPECTS THE DIFFERENCE AND UNIQUENESS OF EACH INDIVIDUAL WHILE DEVELOPING A SENSE OF RESPONSIBILITY TOWARD THEMSELVES, THEIR SCHOOL COMMUNITY, AND THE COMMUNITY AT LARGE. CONTINUATION OF MISSION FORM 990, PART III, LINE 1 VISION SUMMIT ACADEMY DEVELOPS ACADEMIC EXCELLENCE, INSTILLS CHARACTER, AND CULTIVATES LEADERSHIP. OUR ACADEMIC PROGRAM AND COLLEGE PREPARATORY CURRICULUM ARE STRUCTURED TO ACCOMPLISH TWO GOALS: (1) STUDENT ACQUISITION AND MASTERY OF BASIC LITERACY, NUMERACY, AND WRITING SKILLS AND (2) STUDENT APPLICATION OF BASIC SKILLS TO SYNTHESIZE, ANALYZE, APPLY, AND MAKE INFERENCES ABOUT CONTENT THAT IS MORE CHALLENGING AND COMPLEX. STUDENTS WILL BE ABLE TO ANSWER THE WHAT, WHY AND HOW IN ALL SUBJECT AREAS. STAFF, STUDENTS, FAMILIES AND THE COMMUNITY ARE INVOLVED IN THE EDUCATIONAL PROCESS TO CREATE A SAFE, SUPPORTIVE ENVIRONMENT WHERE STUDENTS ARE MOTIVATED TO LEARN AND BELIEVE THAT SUCCESS IS ATTAINABLE. EVERYONE HONORS AND RESPECTS THE DIFFERENCE AND UNIQUENESS OF EACH INDIVIDUAL WHILE DEVELOPING A SENSE OF RESPONSIBILITY TOWARD THEMSELVES, THEIR SCHOOL COMMUNITY, AND THE COMMUNITY AT LARGE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AFTER THE 990 HAS BEEN REVIEWED A COPY IS THEN FORWARDED ELECTRONICALLY TO EACH BOARD MEMBER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE SHALL DISCLOSE IN WRITING ANNUALLY ALL CONFLICTS TO THE BOARD PRIOR TO THE DISCUSSION OF THE UNDERLYING MATTER OR TRANSACTION BY THE BOARD AND SHALL DRAW TO THE ATTENTION OF THE BOARD SUCH CONFLICT AT ANY SUBSEQUENT MEETINGS AT WHICH SUCH MATTER OR TRANSACTION IS DISCUSSED. FOLLOWING SUCH DISCLOSURE, A TRUSTEE SHALL BE ENTITLED TO TAKE PART IN THE DISCUSSIONS OF THE BOARD CONCERNING SUCH MATTER OR TRANSACTION AND SHALL BE CONSIDERED IN DETERMINING WHETHER A QUORUM IS PRESENT, BUT SHALL NOT BE ENTITLED TO VOTE ON THE APPLICABLE MATTER OR TRANSACTION. THE QUESTION OF WHETHER A CONFLICT EXISTS SHALL, IN THE ABSENCE OF CERTAINTY, BE DETERMINED BY THE VOTE OF A MAJORITY OF DISINTERESTED DIRECTORS PRESENT AT THE MEETING CALLED FOR THE PURPOSE OF DISCUSSING THE TRANSACTION OR MATTER TO WHICH THE CONFLICT RELATES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF SUMMIT ACADEMY CHARTER SCHOOL DETERMINED AND APPROVED THE SALARIES OF THE EXECUTIVE DIRECTOR AND PRINCIPAL OF THE SCHOOL TO ENSURE SALARIES ARE COMPARABLE WITH THOSE OF OTHER SCHOOLS WITHIN THE CITY IN WHICH THE SCHOOL OPERATES. FORM 990, PART VI, SECTION C, LINE 19 P 43 86 2 FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANTS.