2026-01-30T13:26:42-06:00 2025-06-30 334358135 SAX ADVISORS LLC 1040 AVENUE OF THE AMERICAS 16TH FLOOR NEW YORK NY 10018 990 2024-07-01 453686922 CENTRAL QUEENS ACADEMY CHARTER SCHOOL CENT 7182716200 88-14 JUSTICE AVENUE ELMHURST NY 11373 ASHISH KAPADIA EXECUTIVE DIR. 7182716200 2026-01-30 1 0 MIKE SCHALL P02024184 2122682804 2026-01-28 2024 2025-03-06 01:10:19Z ASHISH KAPADIA 88-14 JUSTICE AVENUE ELMHURST NY 11373 31019580 0 X HTTP://WWW.CENTRALQUEENSACADEMY.ORG X 2011 NY TO PREPARE STUDENTS FOR SUCCESS IN EDUCATION, THE WORKFORCE, AND THE COMMUNITY. 12 12 167 14 0 0 22547481 30450062 0 0 624980 563636 4492 5882 23176953 31019580 0 0 0 0 11561097 16155807 0 0 486562 8265976 13413336 19827073 29569143 3349880 1450437 111688506 145630354 94094638 126586049 17593868 19044305 THE MISSION OF THE CENTRAL QUEENS ACADEMY CHARTER SCHOOL IS TO PREPARE STUDENTS FOR SUCCESS IN EDUCATION, THE WORKFORCE, AND THE COMMUNITY THOUGH A SCHOOL THAT INTEGRATES LITERACY, HIGH STANDARDS-BASED ACADEMICS, AND CULTURALLY RESPONSIVE SUPPORTIVE SERVICES. 0 0 27394493 CENTRAL QUEENS ACADEMY CHARTER SCHOOLS (CQA) INCLUDES TWO PUBLIC CHARTER ELEMENTARY SCHOOLS AND ONE PUBLIC CHARTER MIDDLE SCHOOL. CQA SERVES THE FAMILIES AND STUDENTS OF COMMUNITY SCHOOL DISTRICT 24 IN QUEENS, NEW YORK. THE SCHOOLS PROVIDE A RIGOROUS, COLLEGE-PREPARATORY PROGRAM DESIGNED TO WORK SPECIFICALLY WITH ENGLISH LANGUAGE LEARNERS, THE NATION'S FASTEST GROWING STUDENT POPULATION.FOR THE LAST 12 CONSECUTIVE YEARS OF AVAILABLE NYS STATE EXAM DATA, OUR STUDENTS HAVE OUTPERFORMED CITY, STATE, AND DISTRICT IN EVERY GRADE. CQA HAS ACHIEVED CLEAN FINANCIAL AUDITS EVERY YEAR SINCE OPENING IN 2011. 27394493 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 167 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ASHISH KAPADIA 7182716200 88-14 JUSTICE AVENUE ELMHURST NY 11373 JOYCE WU CHAIR 1.00 X X 0 0 0 SONIA PARK CO VICE CHAIR 1.00 X X 0 0 0 CATHY TSE CO VICE CHAIR 1.00 X X 0 0 0 RICK RUVKUN TREASURER 1.00 X X 0 0 0 MICHAEL TANG SECRETARY 1.00 X X 0 0 0 SUVADIP BOSE TRUSTEE 1.00 X 0 0 0 REBEKAH T COLEMAN TRUSTEE 1.00 X 0 0 0 MICHELLE V HALLAM TRUSTEE 1.00 X 0 0 0 TOM NG TRUSTEE 1.00 X 0 0 0 BRUCE SABER TRUSTEE 1.00 X 0 0 0 MICHAEL E LEE TRUSTEE 1.00 X 0 0 0 LINDSEY M SEYMORE TRUSTEE 1.00 X 0 0 0 ASHISH KAPADIA EXECUTIVE DIRECTOR 40.00 X 199458 0 0 MICHELLE DALPIAZ CFO 40.00 X 169586 0 28092 GLENN LIEBECK DIRECTOR OF SCHOOLS 40.00 X 178724 0 36903 DEE ANN MARTELL PRINCIPAL 40.00 X 164119 0 14881 MICHELLE FEIRMAN PRINCIPAL 40.00 X 154253 0 23511 SHANNON-RE ISMAEL PRINCIPAL 40.00 X 141576 0 21238 MELISSA KINSELLA DIRECTOR OF ADVANCEMENT 40.00 X 136931 0 20307 PETER MARGULIES ASSISTANT PRINCIPAL 40.00 X 129829 0 3895 1274476 0 148827 22 0 1 0 DBI PROJECTS LLC 1261 BROADWAY NEW YORK NY 10001 OWNERS REP 130515 1 172514 27800293 2477255 20614 30450062 563636 563636 0 172514 0 0 MISCELLANEOUS INCOME 900099 5882 5882 5882 31019580 0 0 569518 614453 134219 338016 142218 13010892 12283036 578304 149552 175128 170636 3679 813 1208971 1156274 45140 7557 1146363 1075922 59128 11313 5274 5274 55850 55850 253881 250086 1249 2546 33023 30994 1703 326 102049 95778 5264 1007 10656069 10001281 549629 105159 312086 292909 16097 3080 110518 103727 5700 1091 CURRICULUM & CLASSROOM 1046664 1046664 CLASSROOM SUPPLIES 418667 418667 EQUIPMENT 133277 125088 6874 1315 STUDENT & STAFF RECRUIT 122652 59995 3297 59360 163326 149217 12884 1225 29569143 27394493 1688088 486562 1053787 1138945 19761122 24992789 341892 1008127 396609 573240 4307968 2220910 1587598 2087058 88547498 115830195 111688506 145630354 2117775 2746841 91976863 123839208 94094638 126586049 X 16946868 18217305 647000 827000 17593868 19044305 111688506 145630354 1450437 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2470123 924112 1546011 1201999 990316 211683 635846 306482 329364 2087058 SECURITY DEPOSIT 2021854 RIGHT OF USE ASSET 113808341 115830195 CONDITIONAL CONTRIBUTIONS 156800 LEASE LIABILITIES 123682408 123839208 X 31019580 0 31019580 0 31019580 29569143 0 29569143 0 29569143 PART X, LINE 2: THE SCHOOL DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR THE PERIODS ENDING JUNE 30, 2022 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S NONDISCRIMINATORY POLICY IS STATED IN ALL SOLICITATION MATERIALS. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: STATE AND LOCAL GOVERNMENT PER PUPIL FUNDING, FEDERAL TITLE FUNDING, AND OTHER CONTRACTS WITH STATE AND LOCAL GOVERNMENTS IN CONNECTION WITH THE CHARTER SCHOOL STATUS. DINNER 172514 172514 0 172514 172514 X X 0 0 0 0 0 0 0 0 0 GLENN LIEBECK DIRECTOR OF SCHOOLS 178724 0 0 0 0 0 5362 0 31541 0 215627 0 0 0 ASHISH KAPADIA EXECUTIVE DIRECTOR 199458 0 0 0 0 0 0 0 0 0 199458 0 0 0 MICHELLE DALPIAZ CFO 169586 0 0 0 0 0 5088 0 23004 0 197678 0 0 0 DEE ANN MARTELL PRINCIPAL 164119 0 0 0 0 0 4924 0 9957 0 179000 0 0 0 MICHELLE FEIRMAN PRINCIPAL 154253 0 0 0 0 0 4628 0 18883 0 177764 0 0 0 SHANNON-RE ISMAEL PRINCIPAL 141576 0 0 0 0 0 0 0 21238 0 162814 0 0 0 MELISSA KINSELLA DIRECTOR OF ADVANCEMENT 136931 0 0 0 0 0 0 0 20307 0 157238 0 0 0 X 5 20614 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD APPROVED CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, THE EXECUTIVE DIRECTOR AND HEAD OF SCHOOL REVIEW THE PERFORMANCE OF THEIR RESPECTIVE DIRECT REPORTS (CFO AND OTHER KEY EMPLOYEES). THEY CONSIDER COMPARABLE SALARIES FOR THESE POSITIONS BASED ON A RECOGNIZED STUDY AND APPROVE AND DOCUMENT A NEW SALARY AND BENEFIT PACKAGE FOR THESE EMPLOYEES. EACH YEAR, THE EXECUTIVE COMMITTEE REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR . THE EXECUTIVE COMMITTEE CONSIDERS COMPARABLE SALARIES FOR THESE POSITIONS BASED ON A RECOGNIZED STUDY. AFTER A DELIBERATION OF THIS MATTER, A NEW PROPOSED SALARY AND BENEFIT PACKAGE IS APPROVED AND DOCUMENTED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE INTERNAL REVENUE CODE DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE EXCEPT AS PART OF A FORM THAT IS PUBLICLY AVAILABLE SUCH AS FORM 1023 OR FORM 1024.