2012-11-15T11:32:44-06:00 2012-06-30 621336737 CROSSLIN & ASSOCIATES PC 2525 WEST END AVE SUITE 1100 NASHVILLE TN 37203 990 2011-07-01 272163445 STEM PREPARATORY ACADEMY STEM 6159212200 3748 NOLENSVILLE PIKE NASHVILLE TN 37211 KRISTIN MCGRANEREXECUTIVE DIRECTOR 6159212204 2012-11-15 1 J SCOTT TOMICHEK P01390465 6153205500 2011 2016-02-24 21:20:13Z DR KRISTIN MCGRANER 3748 NOLENSVILLE PIKE NASHVILLE TN 37211 1359432 0 X WWW.STEMPREPACADEMY.ORG X 2010 TN TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE. 7 7 11 30 0 0 234096 1338683 0 12164 0 0 0 8585 234096 1359432 0 0 0 0 30054 647892 0 0 4475 181937 520892 211991 1168784 22105 190648 102161 298057 71372 52839 30789 245218 X TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH EIGHTH GRADE STUDENTS IN SOUTH NASHVILLE. 0 0 842818 0 20749 IN JULY OF 2011, STEM PREPARATORY ACADEMY ("STEM") OPENED ITS DOORS TO ITS INAUGURAL CLASS OF 114 FIFTH GRADE STUDENTS. STEM PREP IS A COLLEGE PREP MIDDLE SCHOOL SPECIALIZING IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THE STEM EDUCATIONAL MODEL IS DESIGNED TO ENSURE STUDENTS MASTER BASIC LITERACY AND MATHEMATICS SKILLS; STRENGTHEN CRITICAL-THINKING SKILLS; RIGOROUSLY PREPARE FOR HIGH SCHOOL AND COLLEGE; AND ENGAGE AND LEAD PEERS IN LEARNING AND ACTIVE CITIZENSHIP. IN ITS FIRST YEAR OF OPERATION, STEM OUTPERFORMED PEERS IN MATCHED SCHOOLS, BOTH LOCALLY AND STATEWIDE, IN ALL SUBJECT AREAS. ON THE 2012 TENNESSEE COMPREHENSIVE ASSESSMENT PROGRAM (TCAP) TEST, STUDENTS DEMONSTRATED SIGNIFICANT GROWTH IN GROWTH AND PROFICIENCY AND RANKED #1 AMONG ALL MNPS PUBLIC MIDDLE SCHOOLS IN MATH AND #2 IN READING. ADDITIONALLY, AMONG ALL TENNESSEE CHARTER SCHOOLS, STEM RANKED 3RD IN READING GROWTH (INCREASING FROM 32% TO 53% PROFICIENCY) AND 5TH IN MATH GROWTH (INCREASING FROM 32% TO 53% PROFICIENCY) AS MEASURED BY THE TENNESSEE VALUE ADDED ASSESSMENT SYSTEM (PER STANFORD UNIVERSITY'S CENTER FOR RESEARCH ON EDUCATION OUTCOMES). THIS GROWTH SIGNIFICANTLY EXCEEDED THE DISTRICT AND STATE AVERAGES.AS ACKNOWLEDGMENT OF OUTSTANDING STUDENT PERFORMANCE, STEM PREPARATORY RECEIVED TWO AWARDS FROM THE TENNESSEE CHARTER SCHOOL ASSOCIATION IN MAY 2012: MIDDLE SCHOOL TEACHER OF THE YEAR AND INNOVATIVE SCHOOL OF THE YEAR FINALIST. ADDITIONALLY, IN OCTOBER 2012, STEM PREPARATORY ACADEMY'S FOUNDER, DR. KRISTIN MCGRANER, RECEIVED THE NASHVILLE TECHNOLOGY COUNCIL'S EDUCATOR OF THE YEAR AWARD. FOR MORE INFORMATION REGARDING STEM'S 2012 ACADEMIC ACCOMPLISHMENTS, PLEASE CONTACT STEM'S DIRECTOR, DR. KRISTIN MCGRANER, AT THE ADDRESS OR TELEPHONE NUMBER STATED ON PAGE 1 OF THE FORM 990. 842818 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 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 2 0 11 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 TN X CFO BUSINESS STRATEGIES 6155911381 501 CORPORATE CENTRE DRIVE STE 350 FRANKLIN TN 37067 DR LESLIE WISNER-LYNCH 2.00 X X 0 0 0 DRS KEITH HARGROVE 2.00 X X 0 0 0 JOSEPH DICKSON 2.00 X X 0 0 0 KIM THOMASON 2.00 X X 0 0 0 THE HONORABLE VIRGINIA LODGE 2.00 X 0 0 0 STEPHEN BUTLER 2.00 X 0 0 0 ANU PARDESHI 2.00 X 0 0 0 DR KRISTIN L MCGRANER 40.00 X 55385 0 0 55385 0 0 0 0 0 0 METRO NASHVILLE PUBLIC SCHOOLS - ERER B 2601 BRANSFORD AVENUE NASHVILLE TN 37204 EMPLOYEE RESOURCES 115925 GRAY LINE TENNESSEE 2416 MUSIC VALLEY DRIVE STE 102 NASHVILLE TN 37214 BUS TRANSPORTATION 109250 2 1324549 14134 1338683 PROGRAM SERVICE FEES 611110 9528 9528 SCHOOL LUNCH PROGRAM 722210 2636 2636 12164 MISCELLANEOUS 900099 8585 8585 8585 1359432 20749 0 0 89615 61347 28268 429474 294002 135472 38630 26445 12185 50654 34676 15978 39519 27053 12466 27941 27941 15934 10200 5734 17877 13402 4475 67712 34338 33374 3764 3764 121178 96942 24236 7703 7379 324 3082 3082 21614 17291 4323 4500 3600 900 INSTRUCTIONAL 122264 122264 TRANSPORTATION 107281 107281 TAXES & LICENSES 42 42 1168784 842818 321491 4475 85588 156172 5261 27385 11312 19019 117626 22145 0 95481 102161 298057 71372 52839 71372 52839 X 30789 239504 5714 30789 245218 102161 298057 X 190648 23781 X X 0 1 1 X 0 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: STEM PREPARATORY ACADEMY RECEIVED A PUBLIC CHARITY STATUS UNDER SECTION 170(B)(1)(A)(IV) ESTABLISHING THEM AS PUBLIC CHARITY. HOWEVER, STEM IS A SCHOOL WHOSE PRIMARY FUNCTION IS THE PRESENTATION OF FORMAL INSTRUCTION, WHICH REGULARLY HAS A FACULTY, A CURRICULUM, AN ENROLLED BODY OF STUDENTS, AND A PLACE WHERE EDUCATIONAL ACTIVITIES ARE REGULARLY CONDUCTED. THUS, OUR PRIMARY PURPOSE IS THAT OF A SCHOOL WHICH IS CLASSIFIED UNDER SECTION 170(B)(1)(A)(II). THIS DIFFERENTIATION HAS BEEN STATED, AS ALLOWED, IN ORDER TO FULFILL THE REPORTING REQUIREMENTS OF OUR CONTRIBUTIONS ON SCHEDULE B OF THE FORM 990. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29707 6887 22820 87919 15258 72661 95481 1359432 1168784 190648 23781 23781 214429 1359432 0 1359432 0 1359432 1168784 0 1168784 0 1168784 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 ALL POLICIES ARE INCLUDED IN ALL ENROLLMENT AND REGISTRATION DOCUMENTS AND MATERIALS EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 STEM PREPARATORY ACADEMY IS A PUBLIC CHARTER SCHOOL. AS SUCH, STEM RECEIVES LOCAL, STATE, AND FEDERAL FINANCIAL ASSISTANCE IN THE SAME MANNER AS A TRADITIONAL PUBLIC SCHOOL. FORM 990, PART VI, SECTION B, LINE 11 STEM'S FINANCE COMMITTEE AND BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 FOR COMMENT AND REVIEW. UPON APPROVAL, THE FORM 990 IS RELEASED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY FORMS ARE SUBMITTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. FORMS ARE COMPLETED AND SIGNED EACH YEAR BY EACH BOARD MEMBER. THE BOARD CONVENES EVERY MONTH, AT WHICH TIME ANY CONFLICTS OF INTEREST ARE ADDRESSED. ANY BOARD MEMBER WHO IS SUBJECT TO A CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON THE MATTER FROM WHICH THE CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT BOARD MEMBERS DETERMINE MANAGEMENT, OFFICER, AND KEY EMPLOYEES COMPENSATION. COMPENSATION IS BASED ON INDUSTRY STANDARD AND NEGOTIATION. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION DOCUMENTS CAN BE OBTAINED BY CONTACTING THE DIRECTOR OF OPERATIONS AT STEM PREPARATORY ACADEMY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENT 23,781. TOTAL TO FORM 990, PART XI, LINE 5: 23,781. FORM 990,PAGE 12,PART XII,LINE 2D: CHANGE IN OVERSIGHT OR SELECTION PROCESS THERE WAS NO CHANGE IN THE COMPANIES OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990,PAGE 12,PART XI,LINE 5:OTHER CHANGES IN NET ASSETS OR FUND BALANCE THE AUDIT FOR FISCAL YEAR ENDING JUNE 30, 2012 RESULTED IN TWO ADJUSTMENTS FOR FISCAL YEARS JUNE 30, 2011 AND JUNE 30, 2012, INCREASING THE NET FUND BALANCE BY $23,781.