2025-04-03T14:26:58-05:00 2024-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2023-07-01 264243160 SUMMIT ACADEMY CHARTER SCHOOL SUMM 3472426710 27 HUNTINGTON STREET 321 BROOKLYN NY 11231 MACHAEL SPENCER-EDWARDS PRINCIPAL 7189139624 2025-03-19 1 0 MICHELLE CAIN P00150750 5854231860 2025-03-19 2023 2025-03-06 01:10:19Z MACHAEL SPENCER-EDWARDS 27 HUNTINGTON STREET 321 BROOKLYN NY 11231 5724794 0 X WWW.SUMMITACADEMYCHARTERSCHOOL.ORG X 2009 NY SUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITIES BY PREPARING 6TH THROUGH 12TH GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP. BY ENGAGING STUDENTS WITH AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM AND SUPPORTING THEM IN A COMMUNITY FOCUSED ON HIGH ACADEMIC ACHIEVEMENT AND STRONG CHARACTER BUILDING, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES. 6 6 54 0 0 0 746997 582140 4122116 5142638 8 16 0 0 4869121 5724794 0 0 0 0 3900065 4453044 0 0 38338 1565904 1733900 5465969 6186944 -596848 -462150 3028371 2559519 403313 396611 2625058 2162908 X SUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITY BY PREPARING SIXTH THROUGH TWELFTH-GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN, AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP.BY ENGAGING STUDENTS IN AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM, COMPETITIVE ATHLETICS PROGRAM, AND COMPREHENSIVE FINE ARTS ACADEMY, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES. 0 0 5548001 5142638 THE PURPOSE OF THE SCHOOL IS TO PREPARE STUDENTS IN GRADES SIX THROUGH TWELVE FOR EDUCATIONAL SUCCESS FROM MIDDLE SCHOOL THROUGH COLLEGE. THIS WILL BE ACCOMPLISHED THROUGH A DEMANDING DATA DRIVEN EDUCATION BASED ON HIGH STANDARDS, STRUCTURE, AND ACCOUNTABILITY. THE SCHOOL CURRENTLY SERVES APPROXIMATELY 249 STUDENTS IN GRADES SIX THROUGH TWELVE. 5548001 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 54 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SAMEASE HANDSHAW 7189139624 27 HUNTINGTON STREET ROOM 321 BROOKLYN NY 11231 MICHAEL BERNARD BOARD CHAIR 1.00 X X 0 0 0 MICHAEL NIEVES TRUSTEE-RESIGNED DURING YEAR 1.00 X 0 0 0 VIRGINIA CONNELLEY VICE CHAIR-RESIGNED 6/30/24 1.00 X X 0 0 0 ALICIA MURRAY SECRETARY 1.00 X X 0 0 0 ALVIN YOUNG TREASURER 1.00 X X 0 0 0 CYNTHIA MCCANTS TRUSTEE 1.00 X 0 0 0 KENNETH MONTOGEMERY TRUSTEE 1.00 X 0 0 0 SUGENI SADLER-PEREZ TRUSTEE-RESIGNED DURING YEAR 1.00 X 0 0 0 LOTTIE ALMONTE TRUSTEE-RESIGNED 6/30/24 1.00 X 0 0 0 SHAROD TOMLINSON TRUSTEE 1.00 X 0 0 0 NATASHA CAMPBELL DIRECTOR OF COMMUNITY SUPP 50.00 X 193240 0 21561 SAMEASE HANDSHAW DIRECTOR OF FINANCE AND OP 50.00 X 160919 0 23961 MACHAEL SPENCER-EDWARDS PRINCIPAL 50.00 X 198146 0 0 JONATHAN BURGER DIRECTOR OF LEARNING SUPPO 50.00 X 106927 0 23921 TERMAINE A PRICE ART TEACHER 50.00 X 121943 0 11961 KIM KISOOK TEACHER 50.00 X 106508 0 11961 887683 0 93365 6 0 1 0 CENTER FOR EDUCATION INNOVATION 28 WEST 44TH STREET NEW YORK CITY NY 10036 EDUCATION PARTNER ORGANIZATION 587464 ACCOUNTING SOLUTIONS FOR NON-PROFIT ORGA 241 WEST 37TH STREET NEW YORK CITY NY 10028 ACCOUNTING AND BOOKKEEPING SERVICE 103757 2 449965 132175 582140 STATE AND LOCAL PER PU 611600 5142638 5142638 5142638 16 16 5724794 5142638 0 16 X 615412 363236 241557 10619 3067228 3000909 66319 16190 14547 1568 75 466677 440301 25576 800 287537 263618 23126 793 4500 4500 28000 28000 697030 536718 160297 15 51912 50927 985 50416 47903 2513 95975 91176 4799 116105 110300 5805 82668 78535 4133 INSTRUCTIONAL SUPPLIES 408128 408128 BAD DEBT 68400 64980 3420 STAFF DEVELOPMENT 59959 46764 13195 EVENTS 53389 27353 26036 17418 2606 14812 6186944 5548001 600605 38338 2050232 1808799 600055 332305 33934 42925 1743233 1442936 268971 300297 75179 75193 3028371 2559519 403313 396611 403313 396611 X 2625058 2162908 2625058 2162908 3028371 2559519 -462150 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1439768 1148949 290819 303465 293987 9478 300297 X 7096514 1371720 1371720 5724794 0 5724794 7558664 1371720 1371720 6186944 0 6186944 PART X, LINE 2: THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE CHARTER SCHOOL'S CURRENT AND PRIOR THREE YEARS TAX RETURNS REMAIN SUBJECT TO POTENTIAL REVIEW BY TAXING AUTHORITIES. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 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 ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE REGISTRATION PERIOD BY LISTING THE POLICY IN OUR NEWSPAPER ADVERTISEMENT, ENROLLMENT APPLICATIONS AND ON OUR PUBLIC WEBSITE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES START-UP GRANTS FOR FACILITIES AND IMPLEMENTATION AND CORE PUPIL AID. X X 0 0 0 0 0 0 0 0 0 NATASHA CAMPBELL DIRECTOR OF COMMUNITY SUPP 193240 0 0 0 0 0 9600 0 11961 0 214801 0 0 0 MACHAEL SPENCER-EDWARDS PRINCIPAL 198146 0 0 0 0 0 0 0 0 0 198146 0 0 0 SAMEASE HANDSHAW DIRECTOR OF FINANCE AND OP 160919 0 0 0 0 0 12000 0 11961 0 184880 0 0 0 FORM 990, PART I, LINE 1: OUR MISSION: SUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITIES BY PREPARING 6TH THROUGH 12TH GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP. BY ENGAGING STUDENTS WITH AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM AND SUPPORTING THEM IN A COMMUNITY FOCUSED ON HIGH ACADEMIC ACHIEVEMENT AND STRONG CHARACTER BUILDING, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES. OUR VISION: SUMMIT ACADEMY DEVELOPS ACADEMIC EXCELLENCE, INSTILLS CHARACTER, AND CULTIVATES LEADERSHIP. OUR ACADEMIC PROGRAM AND COLLEGE PREPARATORY CURRICULUM ARE STRUCTURED TO ACCOMPLISH TWO GOALS: (1) STUDENT ACQUISITION AND MASTERY OF BASIC LITERACY, NUMERACY, AND WRITING SKILLS AND (2) STUDENT APPLICATION OF BASIC SKILLS TO SYNTHESIZE, ANALYZE, APPLY, AND MAKE INFERENCES ABOUT CONTENT THAT IS MORE CHALLENGING AND COMPLEX. STUDENTS WILL BE ABLE TO ANSWER THE WHAT, WHY AND HOW IN ALL SUBJECT AREAS. STAFF, STUDENTS, FAMILIES AND THE COMMUNITY ARE INVOLVED IN THE EDUCATIONAL PROCESS TO CREATE A SAFE, SUPPORTIVE ENVIRONMENT WHERE STUDENTS ARE MOTIVATED TO LEARN AND BELIEVE THAT SUCCESS IS ATTAINABLE. EVERYONE HONORS AND RESPECTS THE DIFFERENCE AND UNIQUENESS OF EACH INDIVIDUAL WHILE DEVELOPING A SENSE OF RESPONSIBILITY TOWARD THEMSELVES, THEIR SCHOOL COMMUNITY, AND THE COMMUNITY AT LARGE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR. AFTER THE 990 HAS BEEN APPROVED, A COPY IS THEN FORWARDED ELECTRONICALLY TO EACH BOARD MEMBER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE SHALL DISCLOSE IN WRITING ANNUALLY ALL CONFLICTS TO THE BOARD PRIOR TO THE DISCUSSION OF THE UNDERLYING MATTER OR TRANSACTION BY THE BOARD AND SHALL DRAW TO THE ATTENTION OF THE BOARD SUCH CONFLICT AT ANY SUBSEQUENT MEETINGS AT WHICH SUCH MATTER OR TRANSACTION IS DISCUSSED. FOLLOWING SUCH DISCLOSURE, A TRUSTEE SHALL BE ENTITLED TO TAKE PART IN THE DISCUSSIONS OF THE BOARD CONCERNING SUCH MATTER OR TRANSACTION AND SHALL BE CONSIDERED IN DETERMINING WHETHER A QUORUM IS PRESENT, BUT SHALL NOT BE ENTITLED TO VOTE ON THE APPLICABLE MATTER OR TRANSACTION. THE QUESTION OF WHETHER A CONFLICT EXISTS SHALL, IN THE ABSENCE OF CERTAINTY, BE DETERMINED BY THE VOTE OF A MAJORITY OF DISINTERESTED DIRECTORS PRESENT AT THE MEETING CALLED FOR THE PURPOSE OF DISCUSSING THE TRANSACTION OR MATTER TO WHICH THE CONFLICT RELATES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF SUMMIT ACADEMY CHARTER SCHOOL DETERMINED AND APPROVED THE SALARIES OF THE EXECUTIVE DIRECTOR AND PRINCIPAL OF THE SCHOOL TO ENSURE SALARIES ARE COMPARABLE WITH THOSE OF OTHER SCHOOLS WITHIN THE CITY IN WHICH THE SCHOOL OPERATES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 536,718. MANAGEMENT AND GENERAL EXPENSES 160,297. FUNDRAISING EXPENSES 15. TOTAL EXPENSES 697,030. FORM 990, PART XII, LINE 2C THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.