2011-04-11T14:29:26-05:00 2010-06-30 RSM MCGLADREY INC 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2009-07-01 061818759 The SEED School of Maryland SEED 4108439477 200 Font Hill Ave Baltimore MD 212232703 STANLEY ESTREMSKY 4108439477 2011-04-11 1 Bill Turco 3012963600 2009 2016-02-24 21:20:13Z GERALD KOUNTZ 200 Font Hill Ave Baltimore MD 212232703 21062497 0 X www.seedfoundation.com/seed_schools/md X 2007 MD Provide outstanding intensive residential program that prepares children, both academically and socially, for success in College. 18 15 117 0 0 0 1746304 15383816 2795924 5678525 0 68 156 4542296 21062497 0 0 2491082 3726075 0 64731 2031581 3803738 4522663 7529813 19633 13532684 746480 26250320 1218239 12296409 -471759 13953911 Provide outstanding intensive residential education program that prepares children, both academically and socially, for success in College. 0 0 6443600 5678525 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 6443600 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 18 0 1 117 1 0 0 0 0 0 0 0 0 0 18 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 MD X STANLEY ESTREMSKY 4108439477 200 FONT HILL AVENUE BALTIMORE MD 21223 Eric S Adler 2.00 X 0 159439 15152 Edward J Brody 2.00 X 0 0 0 Sylvia Brown 2.00 X 0 0 0 The Honorable Elijah E Cummings 2.00 X 0 0 0 Pyper Davis 2.00 X 0 106678 19198 Morton Fisher 2.00 X 0 0 0 Elizabeth L Frazier 2.00 X 0 0 0 Paula C Hollinger 2.00 X 0 0 0 Jack H Laporte 2.00 X 0 0 0 Kevin Liles 2.00 X 0 0 0 Marc E Miller 2.00 X 0 0 0 Patricia B Modell 2.00 X 0 0 0 Lynn Morrison-Venetoulis 2.00 X 0 0 0 Virginia W Newmyer 2.00 X 0 0 0 Alfredo Quinones-Hinojosa MD 2.00 X 0 0 0 Craig Thompson 2.00 X 0 0 0 Rajiv Vinnakota 2.00 X 0 157574 15153 Thomas Wilcox 2.00 X 0 0 0 GERALD KOUNTZ 40.00 X 147800 0 8210 STANLEY ESTREMSKY 40.00 X 105000 0 14478 252800 423691 72191 2 0 1 0 Whiting-Turner contracting Company 7475 Wisconsin Ave STE 400 Bethesda MD 20814 Construction 516642 The Abundance Catering Company 9 VERNON AVENUE GLEN BURNIE MD 21061 FOOD SERVICES 355372 Lonergans Charter Service Inc POBox 745 Millersville MD 21108 Transportation services 234240 LEGAL SERVICES ASSOCIATES 407 W FRANKLIN STREET BALTIMORE MD 21201 SECURITY SERVICES 201101 4 10837013 4546803 9287341 15383816 PER PUPIL ALLOCATION 900099 5678525 5678525 5678525 OTHER 900099 156 156 156 21062497 5678525 0 156 275488 231510 43978 2820450 2426764 393686 116921 96048 20873 270495 139103 131392 242721 210406 32315 37660 37660 112864 111868 996 196114 66652 64731 64731 218468 215468 3000 6922 4462 2460 155709 70316 85393 1700285 1681843 18442 30578 22456 8122 383027 366178 16849 178734 27500 151234 department expenses 724638 724638 other expenses 58739 48388 10351 7529813 6443600 1021482 64731 79268 2440363 223578 802858 11673 41317 16476 22721 22660099 457671 415485 22202428 0 740633 746480 26250320 83929 3363866 172 22259 7784208 1134138 1126076 1218239 12296409 X -695337 13151053 223578 802858 -471759 13953911 746480 26250320 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13940115 213394 13726721 8719984 244277 8475707 22202428 due to the foundation 1126076 1126076 21062497 7529813 13532684 980000 -87014 892986 14425670 21955483 980000 -87014 892986 21062497 0 21062497 7529813 0 7529813 0 7529813 Part X: Description of Uncertain Tax Positions Under FIN 48: The School follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed should be recorded in the financial statements. Under this guidance, the School may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained upon examination by the taxing authorities, based upon the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the School's tax position and concluded that the School had taken no uncertain positions that require adjustments to the financial statements to comply with the provisions of this guidance. With few exceptions, the School is no longer subject to U.S. federal income tax examinations by tax authorities for years before 2007. Part XI, Line 8 - Other Adjustments: LOSS ON INTEREST RATE CAP: -87014. Part XII, Line 2d - Other Adjustments: LOSS ON INTEREST RATE CAP: -87014. 1 1 1 THE SCHOOL SHALL ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN. IT WILL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLiCIES, ADMISSIONS, OR ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE SEED SCHOOL OF MARYLAND RECEIVES A STUDENT ALLOCATION FROM THE STATE OF MARYLAND TO COVER THE COST OF ACADEMIC AND FACILITIES EXPENSES. 1 X X 0 0 0 0 0 0 0 0 0 Eric S Adler 0 159439 0 0 0 0 0 4944 0 11649 0 176032 0 0 Rajiv Vinnakota 0 157574 0 0 0 0 0 4944 0 1799 0 164317 0 0 GERALD KOUNTZ 147800 0 0 0 0 0 4434 0 3776 0 156010 0 0 0 Supplemental Information Part III THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER AND Rajiv Vinnakota. THE SCHOOL DOES NOT COMPENSATE THIS INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE INTERNATIONAL ORTHODOX CHRISTIAN CHARITIES, INC. The SEED Foundation Board of Directors approves the compensation of its officers, directors and key employees as part of approving the annual budget. Members of the Board of Directors receive no compensation. The Board of Director set the compensation for officers and key employees by considering two factors1) an informal market analysis of comparable positions 2) what the organization can afford to pay based on it budget constraints. maryland health and higher educational facilities authority 520936091 noneavail 2010-01-21 25000000 TO FINANCE THE ACQUISITION, CONSTRUCTION AND RENOVATION OF THE CAMPUS 1 0 25000000 17215792 745640 7712281 0 0 0 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 1 1 branch banking and trust company 2.000000000000 0 0 0 X 2 47398 fmv X furniture & fixtures 1 9239943 fmv 0 0 0 Form 990, Part VI, Section B, line 11 The 990 will be prepared by RSM McGladrey,CPAs and reviewed by the Managing Director in detail. The return will then be forwarded to the Head of the School, the CFO of the SEED Foundation for further review and approval. Form 990, Part VI, Section B, line 12c Yearly Board Members are required to sign a Conflict of Interest statement or to disclose any such conflicts that may occur. Form 990, Part VI, Section B, line 15a The compensation of the Head of School is determined by the Board of Directors and reviewed annually by the Board of Directors executive committee . Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AN FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINES 15A AND 15B COMPENSATION DETERMINATION THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER, Pyper Davis, AND Rajiv Vinnakota. THE SCHOOL DOES NOT COMPENSATE THIS INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE INTERNATIONAL ORTHODOX CHRISTIAN CHARITIES, INC. The SEED Foundation Board of Directors approves the compensation of its officers, directors and key employees as part of approving the annual budget. Members of the Board of Directors receive no compensation. The Board of Director set the compensation for officers and key employees by considering two factors1) an informal market analysis of comparable positions 2) what the organization can afford to pay based on it budget constraints. FORM 990, PART VII, COLUMN B HOURS WORKED FOR RELATED ORGANZIATION Eric Adler, PyPER DAVIS, AND Rajiv Vinnakota ALL WORK 40 HOURS PER WEEK FOR THE SEED FOUNDATION, THE RELATED ORGANIZATION FOR WHICH THE COMPENSATION IS BEING REPORTED IN PART VII OF THE FORM 990. SEED FOUNDATION 1776 MASSACHUTSETTS AVENUE WASHINGTON DC 20036 541850819 Managerial support and development of Schools DC 501(C)(3) 9 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 SEED FOUNDATION K 194000 SEED FOUNDATION Q 9239943