2014-12-16T16:05:02-06:00 2014-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2013-07-01 275316628 Relay Graduate School of Education % PIPER EVANS RELA 2122281888 40 W 20th Street 7th Floor Suite New York NY 10011 PIPER EVANS CHIEF FINANCIAL OFFICER 2122281888 2014-12-16 true Julie L Floch P00736879 2122281888 2013 2015-11-30 17:44:51Z NORMAN ATKINS 40 WEST 20TH STREET 7TH FLOOR NEW YORK NY 10011 21780728 false X www.relay.edu X 2011 NY SEE SCHEDULE O 7 5 138 0 9527857 11312731 4898085 8424061 28725 32931 0 117 14454667 19769840 1870 0 0 0 7297618 10024751 0 0 415027 4020008 6652567 11319496 16677318 3135171 3092522 13323981 17305246 5752994 6633169 7570987 10672077 X THE ORGANIZATION'S MISSION IS TO TEACH TEACHERS TO DEVELOP IN ALL STUDENTS THE ACADEMIC SKILLS AND STRENGTH OF CHARACTER NEEDED TO SUCCEED IN COLLEGE AND LIFE. IT AIMS TO PLAY AN INSTRUMENTAL ROLE IN ADDRESSING THE URGENT NEED TO PREPARE EFFECTIVE TEACHERS FOCUSED ON IMPACTING STUDENT GROWTH, WITH AN EMPHASIS ON PREPARING TEACHERS WHO AIM TO CLOSE THE ACHIEVEMENT GAP IN URBAN AND/OR LOW-INCOME COMMUNITIES. TO THAT END, THE ORGANIZATION OPERATES A GRADUATE SCHOOL WITH INNOVATIVE PROGRAMS THAT LEAD TOWARD TEACHER CERTIFICATION AND/OR A MASTER'S DEGREE. SPECIFICALLY, THE ORGANIZATION WORKS TO ENHANCE CURRICULUM, LEARNING TOOLS, FACULTY RECRUITMENT AND TRAINING, ASSESSMENT, TECHNOLOGY USED IN EDUCATION, RESEARCH, TEACHER RECRUITMENT METHODS AND OTHER MATERIALS AND PROCESSES REQUIRED TO TRAIN, RECRUIT AND RETAIN GREAT TEACHERS. TO FURTHER SUPPORT ITS MISSION, THE ORGANIZATION HAS DEVELOPED AND LAUNCHED A TRAINING PROGRAM FOR BOTH CURRENT AND ASPIRING SCHOOL LEADERS (I.E. PRINCIPALS) IN ORDE false false 15239968 8424061 Relay Graduate School of Education ("Relay") was organized under the education law of the State of New York in February 2011, to improve the training and preparation of teachers. The organization received its public charity determination from the Internal Revenue Service in September 2011. Relay commenced operations in July 2011, at which point the programs previously operated by Uncommon Knowledge and Achievement, Inc. ("UKA"), a related not-for-profit organization, were transferred to Relay. UKA supports Relay and its development and delivery of teacher and school leader training programs. In July 2011, Relay Graduate School of Education opened its doors to an inaugural class of graduate students. In the 2011-2012 and 2012-2013 academic years, Relay offered two programs, a Master of Arts in Teaching graduate degree program in New York, NY, and a teacher certification program in Newark, NJ. In the 2013-2014 academic year, Relay added Master of Arts in Teaching graduate degree programs in both New Orleans, LA and Newark, NJ, and launched its instructional school leadership program. Since launching in 2011, over 700 teachers and school leaders have completed Relay's teacher and school leader training programs. In April 2012, Relay was approved by the U.S. Department of Education as a Title IV eligible institution, allowing it to offer Title IV federal student aid programs to its students starting in the 2012-2013 academic year. 15239968 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 86 0 true 138 true false false false false false false false false false false X 7 5 false false false false false false false true true false false true true true true true true true false false X PIPER EVANS 2122281888 40 WEST 20TH STREET 7TH FLOOR New York NY 10011 X LARRY ROBBINS CHAIR 2.0 X X 0 0 0 DAVID LEVIN SECRETARY 2.0 X X 0 50000 0 ARTHUR LEVINE TRUSTEE (THROUGH 6/30/14) 2.0 X 0 0 0 JULIE MIKUTA TRUSTEE 2.0 X 0 0 0 DAVID SALTZMAN TREASURER 2.0 X X 0 0 0 DACIA TOLL VICE CHAIR 2.0 X X 0 0 0 CARLOS WATSON TRUSTEE (THROUGH 9/30/13) 2.0 X 0 0 0 NORMAN ATKINS PRESIDENT 60.0 X X 267740 0 8862 M YVONNE CHAO CFO (THROUGH 1/31/14) 60.0 X 158537 0 16732 PIPER EVANS SENIOR DIRECTOR OF FINANCE 60.0 X 105777 0 20199 Timothy Saintsing CHIEF OPERATING OFFICER 60.0 X 181591 0 14510 MAYME HOSTETTER DEAN, RELAY NEW YORK 60.0 X 177667 0 26080 MICHAEL LAROSA CHIEF INFORMATION OFFICER 60.0 X 175997 0 7251 BRENT MADDIN PROVOST 60.0 X 180968 0 16956 James Verrilli Dean, Relay Newark 60.0 X 154036 0 6404 Robert Underwood Chief Technology Officer 60.0 X 147792 0 32044 1550105 50000 149038 20 false true false CATE SWINBURN 2439 VALMONT STREET NEW ORLEANS LA 70115 CONSULTING 178000 LINDSAY KRUSE 44 Tee-Ar Place PRINCETON NJ 08540 CONSULTING 168763 2 500000 144585 10668146 11312731 TUITION 611710 8424061 8424061 8424061 38890 38890 0 0 0 0 0 2004629 300 2010888 0 -6259 300 -5959 -5959 0 0 0 OTHER REVENUE 117 117 117 19769840 8424178 32931 X 0 0 0 0 560584 269522 156062 135000 0 8085471 7717209 261202 107060 225596 208393 10887 6316 524112 484145 25294 14673 628988 581023 30355 17610 0 15712 15712 58595 6030 52565 0 0 0 321878 214640 1275 105963 0 320847 288529 32195 123 560222 552534 7025 663 0 846805 828207 18598 1599006 1566844 4543 27619 0 0 0 0 303413 298820 4593 104540 100384 4156 COURSE INSTRUCTION 1803908 1803908 RECRUITMENT & PROF DEV 333641 319780 13861 RESERVE FOR BAD DEBT 384000 384000 16677318 15239968 1022323 415027 1350433 1929415 2496670 1123650 3807367 5036867 2408176 2915735 0 0 0 0 0 0 0 0 582615 1130413 1360900 690035 702065 670865 1976655 4498301 0 0 0 0 0 0 0 0 13323981 17305246 732660 1065950 0 0 1995060 2541945 0 0 0 0 0 0 0 0 0 0 3025274 3025274 5752994 6633169 X 1698519 2357979 5872468 8314098 0 0 7570987 10672077 13323981 17305246 3092522 8568 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 502772 113573 389199 618030 483610 134420 240098 92852 147246 670865 0 AND ACHIEVMENT, INC. 3025274 3025274 X 19922164 8568 143756 152324 19769840 19769840 16821074 143756 143756 16677318 16677318 TAX DISCLOSURE FOOTNOTE The Organization is subject to the provisions of the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, relating to accounting and reporting for uncertainty in income taxes. Due to the Organization's general tax-exempt status, ASC Topic 740 has not had, and is not anticipated to have, a material impact on the Organization's financial statements. Management believes there is little likelihood of an audit of its tax compliance for fiscal years prior to 2011. true true true true true true true false false false false false false false false true false true RACIALLY NONDISCRIMINATORY POLICY BELOW IS A TRUE AND COMPLETE COPY OF THE RACIALLY NONDISCRIMINATION POLICY, AND IS INCLUDED IN ADMISSIONS MATERIAL AND BROCHURES AS NEEDED TO DISSEMINATE THE POLICY TO INTERESTED APPLICANTS AND MEMBERS OF THE COMMUNITY: RELAY GRADUATE SCHOOL OF EDUCATION ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO 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, AGE, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND OTHER SCHOOL-ADMINISTERED PROGRAMS. QUESTION 6 In fiscal year 2014, Relay received financial aid or assistance from a governmental agency in the form of a Federal Direct Loan Program. X X X X false true false false false false false false false NORMAN ATKINS PRESIDENT 267740 0 0 0 0 0 8588 0 274 0 276602 0 0 0 M YVONNE CHAO CFO (THROUGH 1/31/14) 156861 0 1676 0 0 0 6458 0 10274 0 175269 0 0 0 MAYME HOSTETTER DEAN, RELAY NEW YORK 175991 0 1676 0 0 0 6385 0 19695 0 203747 0 0 0 MICHAEL LAROSA CHIEF INFORMATION OFFICER 174433 0 1564 0 0 0 6977 0 274 0 183248 0 0 0 BRENT MADDIN PROVOST 179572 0 1396 0 0 0 7329 0 9627 0 197924 0 0 Timothy Saintsing CHIEF OPERATING OFFICER 179915 0 1676 0 0 0 6036 0 8474 0 196101 0 0 0 James Verrilli Dean, Relay Newark 152545 0 1491 0 0 0 6130 0 274 0 160440 0 0 0 Robert Underwood Chief Technology Officer 146116 1676 0 0 0 5550 0 26494 0 179836 0 0 0 DEFERRED COMPENSATION PLAN THE ORGANIZATION HAS A DEFERRED COMPENSATION PLAN FOR THE BENEFIT OF THE PRESIDENT UNDER 457(B) OF THE INTERNAL REVENUE CODE. 990 PART VI, SECTION B, QUESTION 11A The organization's form 990 was provided to and made available to its audit committee for review prior to filing with the Internal Revenue Service ("IRS"). Subsequent to the audit committee review, the organization made its Form 990 available to all members of its Board of Trustees for their review. The audit committee is responsible for overseeing and approving the form 990, including the preparation, review and filing process. As part of its annual audit and tax return preparation process, the organization hired a professional CPA firm with expertise in not-for-profit tax return preparation to prepare the form 990. The CPA firm's tax professionals worked closely with the organization's finance personnel and various other individuals to obtain information needed to prepare a complete and accurate tax return. The CPA firm prepared a draft form 990 to be reviewed by and discussed with the organization's finance personnel and other individuals. Revisions were made to the draft form 990 where necessary. The CPA firm provided a final draft to the organization's finance personnel and various other individuals for final review and approval prior to presentation to the organization's audit committee and thereafter provision to all members of the Board of Trustees. 990 PART VI, SECTION B, QUESTION 12C The organization regularly monitors and enforces compliance with its conflict of interest policy. Annually, all trustees, officers and key employees are required to complete a questionnaire in accordance with the organization's conflict of interest policy. The completed questionnaires are returned to the organization's Chief Financial Officer, who reviews the questionnaires with the President and Chief of Staff to surface any potential conflicts that may need to be discussed at a subsequent board meeting. 990 PART VI, SECTION B, QUESTION 15A Compensation for the President is discussed and determined by the Audit and Compensation Committee of the Board of Trustees, taking into account compensation packages of comparable organizations (e.g., higher education institutions and other education-related nonprofit organizations in New York City). The board discusses the President's compensation and applicable comparable salary data. The independent board members then determine the compensation without the non-independent board members present. The offer of employment for the President is formally extended by the Board Chair. 990 PART VI, SECTION C, QUESTION 19 The organization makes its 990 and financial statements available to the public upon written request. 990 PART VII, SECTION A, LINE 1A As described in Attachment 2, upon commencement of operations, employees of Uncommon Knowledge and Achievement, Inc. ("UKA") became employees of the organization. Certain of these employees spend a modest amount of time providing administrative support for UKA. Effective January 31, 2014 Yvonne Chao resigned as Chief Financial Officer and took a role as a consultant for UKA. From February 1, 2014 through June 30, 2014, UKA paid her consulting fee. 990 PART IX, COLUMN B, LINE 17 Program service travel expenses include approximately $1.2 million of travel expenses directly related to Relay's national leadership program, which launched in the 2013-2014 academic year. The expense consists primarily of travel to and lodging in New York City for program participants (i.e., principals and principal managers). 990 PART XI, QUESTION 5 Other changes in net assets represents unrealized gains on investments of $8,568. UNCOMMON KNOWLEDGE AND ACHIEVEMENT INC 40 WEST 20TH STREET 7TH FLOOR NEW YORK NY 10011 261525207 EDUCATION DE 509(A)(1) 501(C)(3) NA false false false true false true false false false false false false false false true true false true false true