2012-05-14T15:25:50-05:00 2011-06-30 FRUCHTER ROSEN & COMPANY PC 156 WEST 56TH STREET SUITE 1804 NEW YORK NY 10019 990 2010-07-01 204462539 ROSS GLOBAL ACADEMY CHARTER SCHOOL ROSS 6467191085 420 EAST 12TH STREET NEW YORK NY 10009 JENNIFER CHIDSEY PIZZO 6463602220 2012-05-14 GUS SALIBA 2129573600 2012-05-14 2010 2016-02-24 21:20:13Z JENNIFER CHIDSEY PIZZO 420 EAST 12TH STREET NEW YORK NY 10009 6979179 0 X WWW.ROSSGLOBALACADEMY.ORG X 2006 NY SERVES STUDENTS FROM DIVERSE BACKGROUNDS WITH A VARIETY OF ACADEMIC ABILITIES. 10 9 124 0 0 0 4037307 1160992 5240220 5812029 176 237 0 5921 9277703 6979179 0 0 0 0 3739537 5141356 0 0 0 2398738 3320371 6138275 8461727 3139428 -1482548 4797911 190249 764053 232168 4033858 -41919 X ROSS GLOBAL ACADEMY CHARTER SCHOOL'S MISSION IS TO TRANSFORM THE WAY EDUCATION PREPARES STUDENTS FOR THE FUTURE. THROUGH SYSTEMATIC, INTERDISCIPLINARY INSTRUCTION, BUILT UPON DEEP KNOWLEDGE OF DISCIPLINES AND COMMITMENT TO FUNDAMENTAL SKILLS, IMMERSION IN WORLDWIDE CULTURAL HISTORY AND CURRENT WORLD EVENTS, INTERCULTURAL DIALOGUE, AND FLUENCY IN NEW TECHNOLOGIES, WE ENDEAVOR TO PREPARE STUDENTS FOR THE GLOBAL CHALLENGES OF THE 21ST CENTURY. THE ROSS GLOBAL ACADEMY SERVES STUDENTS FROM DIVERSE CULTURAL BACKGROUNDS WITH VARIED LEARNING STYLES AND CULTIVATES ENGAGEMENT IN LIFE-LONG LEARNING AND WELL-BEING. 0 0 6751254 5812029 EXPENSES DIRECTLY ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED CURRICULUM COSTS. FOR THE 2010-2011 SCHOOL YEAR, WE SERVED APPROXIMATELY 429 STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH. 6751254 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 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 0 0 0 0 0 1 7 0 1 124 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6467191085 420 EAST 12TH STREET NEW YORK NY 10009 COURTNEY SALE ROSS 2.00 X X 0 0 0 MARTIN PAYSON 1.00 X 0 0 0 ROBERT TORRES 1.00 X 0 0 0 MARY BRABECK 1.00 X 0 0 0 JENNIFER CHIDSEY PIZZO 1.00 X 0 0 0 NAOMI HERNANDEZ 1.00 X 0 0 0 STEPHANIE WILSON 1.00 X 0 0 0 NICK APPELBAUM 1.00 X 0 0 0 CATHERINE HICKEY 1.00 X 0 0 0 JONNIE LEWIS 40.00 X 57123 0 8452 57123 0 8452 0 0 0 0 TEMPOSITIONS INC 420 LEXINGTON AVENUE NEW YORK NY 10107 CONSULTING 253756 WHITEMAN OSTERMAN AND HANNA LLP ONE COMMERCE PLAZA ALBANY NY 12260 LEGAL 215432 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 WEST 35TH STREET SUITE 706 NEW YORK NY 10001 CONSULTING 138168 3 246039 914953 1160992 GOV'T PER-PUPIL REV. 900099 5812029 5812029 5812029 237 237 OTHER INCOME 900099 5921 5921 5921 6979179 5817950 0 237 82563 69208 13355 4198763 3519585 679178 21448 17979 3469 435994 365469 70525 402588 337466 65122 446048 312234 133814 22550 22550 1161104 760710 400394 154922 129862 25060 165192 138471 26721 5227 5227 912808 821527 91281 34538 28952 5586 DISSOLUTION EXPENSES 151441 151441 TEXTBOOKS AND CURRICULU 126676 126676 FOOD 71426 62847 8579 MOVING EXPENSE 49675 44707 4968 EQUIPMENT RENTAL 16795 14078 2717 1969 1483 486 8461727 6751254 1710473 0 1210824 93055 40540 26018 5639 595 24988 3382930 132990 70581 4797911 190249 700930 192168 63123 40000 764053 232168 X 1115931 -41919 2917927 0 4033858 -41919 4797911 190249 X -1482548 -2593229 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 RESTRICTED CASH 70581 70581 6979179 8461727 -1482548 -2593229 -2593229 -4075777 7744921 765742 765742 6979179 0 6979179 9076028 765742 -151441 614301 8461727 0 8461727 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITION RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. PART XI, LINE 8 - OTHER ADJUSTMENTS: PROPERTY AND EQUIPMENT IN LIQUIDATION -2,593,229. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DISSOLUTION EXPENSES -151,441. 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 PUBLICIZES ITS RACIALLY NONDISCRIMINATORY ON THE SCHOOL'S PERSONNEL HANDBOOK AND ITS WEBSITE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X LEASEHOLD IMPROVEMENTS 1 81616 MARKET VALUE X FURNITURE AND FIXTURES 1 41180 MARKET VALUE X TECHNOLOGY EQUIPMENT 1 83979 MARKET VALUE 0 0 0 NET ASSETS IN LIQUIDATION FORM 990, PART IV, LINE 31: THE SCHOOL'S CHARTER WAS NOT-RENEWED. EFFECTIVE JUNE 28, 2011, THE SCHOOL CEASED OPERATIONS AND BEGAN LIQUIDATION SHORTLY THEREAFTER. ALL ASSETS ARE PENDING LIQUIDATION AND DISTRIBUTION. THE SCHOOL IS CURRENTLY IN THE WINDING DOWN STAGE AND WILL FILE A FINAL FORM 990 FOR THE 2011 TAX YEAR. ALL REMAINING ASSETS WERE TRANSFERRED TO VARIOUS CHARTER SCHOOLS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH TRUSTEES AND OFFICERS ON AN ANNUAL BASIS. OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PROPERTY AND EQUIPMENT IN LIQUIDATION -2,593,229. TOTAL TO FORM 990, PART XI, LINE 5: -2,593,229. FORM 990, PART XII, FINANCIAL STATEMENT AND REPORTING, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.