2013-02-08T07:30:03-06:00 2012-06-30 042894325 BRAVER PC 155 SOUTH MAIN STREET SUITE 100 PROVIDENCE RI 02903 990 2011-07-01 050519201 INTERNATIONAL CHARTER SCHOOL CORP INTE 4017210824 334 PLEASANT STREET PAWTUCKET RI 02860 JULIE NORA 4017210824 2013-02-07 1 ROBERT J CIVETTI CPA P00187230 4014212710 2011 2016-02-25 16:41:14Z JULIE NORA 334 PLEASANT STREET PAWTUCKET RI 02860 4730990 0 X WWW.INTERNATIONALCHARTERSCHOOL.ORG X 2001 RI THE MISSION OF ICS IS TO INTEGRATE THE DIVERSE LANGUAGES AND CULTURES OF THE COMMUNITIES IT SERVES BY TEACHING ALL STUDENTS IN TWO LANGUAGES-IN SPANISH AND ENGLISH OR IN PORTUGUESE AND ENGLISH-AND HELPING CHILDREN DEVELOP AN APPRECIATION OF OTHER CULTURES. CHILDREN LEARN TO WORK COLLABORATIVELY FROM THEIR MULTIPLE EXPERIENCES AND BACKGROUNDS, STRIVING TOWARDS HIGH STANDARDS OF ACADEMIC ACHIEVEMENT. EVERYONE IS PART OF A COMMUNITY OF LEARNERS, ENGAGING IN INQUIRY ABOUT THE WORLD, THEMSELVES, AND OTHERS. 9 9 72 20 0 0 37847 586350 4483230 4141259 1649 3381 0 0 4522726 4730990 0 0 0 0 3256920 3227790 0 0 0 1316287 1407726 4573207 4635516 -50481 95474 3118991 3153974 2568553 2449067 550438 704907 X THE MISSION OF ICS IS TO INTEGRATE THE DIVERSE LANGUAGES AND CULTURES OF THE COMMUNITIES IT SERVES BY TEACHING ALL STUDENTS IN TWO LANGUAGES-IN SPANISH AND ENGLISH OR IN PORTUGUESE AND ENGLISH-AND HELPING CHILDREN DEVELOP AN APPRECIATION OF OTHER CULTURES. CHILDREN LEARN TO WORK COLLABORATIVELY FROM THEIR MULTIPLE EXPERIENCES AND BACKGROUNDS, STRIVING TOWARDS HIGH STANDARDS OF ACADEMIC ACHIEVEMENT. EVERYONE IS PART OF A COMMUNITY OF LEARNERS, ENGAGING IN INQUIRY ABOUT THE WORLD, THEMSELVES, AND OTHERS. 0 0 4219790 4141259 OPERATES A MULTI-CULTURAL, MULTI-LINGUAL ELEMENTARY SCHOOL, WITH APPROXIMATELY 326 STUDENTS IN GRADES K-5. THE CURRICULUM FEATURES A DUAL-LANGUAGE IMMERSION MODEL: ALL STUDENTS ARE TAUGHT IN ENGLISH AND EITHER SPANISH OR PORTUGUESE 4219790 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 0 0 0 0 1 13 0 1 72 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X JULIE NORA EXECUTIVE DIRECTOR 4017210824 334 PLEASANT STREET PAWTUCKET RI 02860 ARIANA DAWSON 1.00 X 0 0 0 CYNTHIA A MAUCH 1.00 X 0 0 0 CHAD GALTS 1.00 X 0 0 0 LYNNE M MALONE CPA 1.00 X X 0 0 0 ELLEN BIGLER 1.00 X 0 0 0 FRANCIS X MCMAHON 1.00 X X 0 0 0 ROBIN TORBRON WARDE 1.00 X 0 0 0 ELLEN FOLEY 1.00 X 0 0 0 ANN WANG 1.00 X 0 0 0 NICKEY NICHTERN 1.00 X 0 0 0 JULIE NORA 50.00 X 108387 0 36782 ELIZABETH MACHADO 40.00 X 57327 0 10252 165714 0 47034 1 0 0 0 ARAMARK CORPORATION 1000 ELMWOOD AVENUE PROVIDENCE RI 02907 FOOD SERVICE CONTRACT 209846 OCEAN STATE TRANSIT 909 WAMPANOAG TRAIL RIVERSIDE RI 02915 TRANSPORTATION CONTRACT 176536 2 485015 101335 586350 TUITION AND FEES 900099 3850627 3850627 FOOD SERVICE 900099 147504 147504 AFTER-SCHOOL PROGRAM 900099 90375 90375 MEDICARE REIMBURSEMENT 900099 51566 51566 MISCELLANEOUS 900099 1187 1187 4141259 3381 3381 4730990 4141259 0 3381 212748 75175 137573 2219413 2159920 59493 236938 234579 2359 374801 367800 7001 183890 170970 12920 3898 3898 18000 18000 354 354 99746 52494 47252 150660 146180 4480 8094 7930 164 3549 3549 142880 121415 21465 TRANSPORTATION CONTRACT 185178 185178 CONSULTANTS 151582 146600 4982 FOOD SERVICE EXPENSES 147090 147090 STAFF TRAINING & DEVELO 136897 136698 199 359798 264212 95586 4635516 4219790 415726 0 978807 1379413 61565 39630 318111 99960 21933 27026 2800137 1360322 1562471 1439815 176104 168130 3118991 3153974 351169 360678 2080000 2010000 137384 78389 2568553 2449067 X 546716 679883 3722 25024 550438 704907 3118991 3153974 X 95474 58995 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2168878 796824 1372054 497929 459741 38188 133330 103757 29573 1439815 DEFERRED FINANCING COSTS 168130 168130 INTEREST RATE SWAP 78389 78389 4730990 4635516 95474 58995 58995 154469 4796107 6122 58995 65117 4730990 0 4730990 4641638 6122 6122 4635516 0 4635516 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA. AS OF JUNE 30, 2012 AND 2011, THE ORGANIZATION DOES NOT BELIEVE THAT THEY HAVE TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF JUNE 30, 2012, THE ORGANIZATION'S INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED WITH EACH TAXING JURISDICTION. PART XI, LINE 8 - OTHER ADJUSTMENTS: INCREASE IN INTEREST RATE SWAP VALUE (DECREASE IN LIABILITY) 58,995. THE $58,995 REPRESENTS THE UNREALIZED INCREASE IN THE FAIR VALUE OF THE INTEREST RATE SWAP CONTRACT (DECREASE IN THE LIABILITY REPORTED IN THE AUDITED FINANCIAL STATEMENTS). 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 BY CHARTER AND CONTRACT WITH VARIOUS SCHOOL DEPARTMENTS AND THE STATE OF RHODE ISLAND, THE STUDENT BODY MUST REFLECT THE RACIAL COMPOSITION OF THE PUBLIC SCHOOL POPULATION EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT CHARGE TUITION, THEY ARE SUPPORTED BY A STATE CHARTER EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL IS SUPPORTED BY A STATE CHARTER AS WELL AS FUNDING FROM NEIGHBORING CITIES IN WHICH RESIDENTS OF THE CITY OF TOWN ATTEND THE SCHOOL. THE SCHOOL DOES NOT CHARGE TUITION TO THE ATTENDING FAMILIES. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE PERFORMS A DETAILED REVIEW OF THE 990 AND REPORTS THE RESULTS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE INTERNATIONAL CHARTER SCHOOL ANNUALLY INQUIRES WITH EACH BOARD MEMBER REGARDING ANY CONFLICTS OF INTEREST AND REQUIRES EACH SIGN A FORM TO CONFIRM THEIR RESPONSE IS ACCURATE. FORM 990, PART VI, SECTION B, LINE 15A THE INTERNATIONAL CHARTER SCHOOL BASES THE SALARY OF THE EXECUTIVE DIRECTOR ON THE INDUSTRY AVERAGE OF THE SAME POSITION IN OTHER CHARTER SCHOOLS IN RHODE ISLAND. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: INCREASE IN INTEREST RATE SWAP VALUE (DECREASE IN LIABILITY) 58,995. TOTAL TO FORM 990, PART XI, LINE 5: 58,995. THE PROCESS OF OVERSEEING THE AUDIT HAS REMAINED THE SAME AS THE PRIOR YEAR - THE FINANCE COMMITTEE HAS RESPONSIBILITY. INTERNATIONAL INSTITUTE OF RHODE ISLAND 645 ELMWOOD AVENUE PROVIDENCE RI 02907 050519201 IMMIGRATION AND REFUGEE SERVICES RI 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0