2024-05-13T09:52:26-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 472465564 STAMFORD CHARTER SCHOOL FOR EXCELLENCE INC STAM 2039890000 ONE SCHUYLER AVENUE STAMFORD CT 06902 DEBRA LOGAN-RABB BOARD CHAIR 2039890000 2024-05-10 1 DEBRA LOGAN-RABB 999009999 0 MICHELLE CAIN P00150750 5854231860 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEBRA LOGAN-RABB ONE SCHUYLER AVENUE STAMFORD CT 06902 8148245 0 X WWW.STAMFORDEXCELLENCE.ORG X 2014 CT THE STAMFORD CHARTER SCHOOL FOR EXCELLENCE PREPARES YOUNG PEOPLE IN STAMFORD, CONNECTICUT TO COMPETE FOR ADMISSION TO AND SUCCEED IN TOP PUBLIC, PRIVATE AND PAROCHIAL HIGH SCHOOLS BY CULTIVATING THEIR INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL AND ETHICAL DEVELOPMENT. 5 5 58 6 0 0 1382105 1527202 5641212 6585933 210 35110 8228 0 7031755 8148245 0 0 0 0 3402311 4005275 0 0 0 2445805 2952751 5848116 6958026 1183639 1190219 7701121 14003517 1780520 6892697 5920601 7110820 THE STAMFORD CHARTER SCHOOL FOR EXCELLENCE PREPARES YOUNG PEOPLE IN STAMFORD, CONNECTICUT TO COMPETE FOR ADMISSION TO AND SUCCEED IN TOP PUBLIC, PRIVATE AND PAROCHIAL HIGH SCHOOLS BY CULTIVATING THEIR INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL AND ETHICAL DEVELOPMENT. 0 0 6317229 6585933 STAMFORD CHARTER SCHOOL FOR EXCELLENCE IS A PUBLIC, CHARTER SCHOOL THAT PROVIDES ELEMENTARY EDUCATION TO ABOUT 560 CHILDREN IN PRE-K THROUGH 8TH GRADE. 6317229 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 11 0 58 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DEBRA LOGAN-RABB 2039890000 ONE SCHUYLER AVENUE STAMFORD CT 06902 X PATRICK BARTH TREASURER 2.00 X X 0 0 0 ROBERT MONSON SECRETARY 2.00 X X 0 0 0 CHRIS SHUMWAY DIRECTOR 2.00 X 0 0 0 DEBRA LOGAN-RABB BOARD CHAIR 2.00 X X 0 0 0 CYRIL MOULLE-BERTEAUZ DIRECTOR 1.00 X 0 0 0 KEVIN FISCHER PRINCIPAL 50.00 X 197024 0 25997 SHANTAY PRIMUS ASSISTANT PRINCIPAL 50.00 X 163711 0 10270 MONICA RIOS DIRECTOR OF FINANCE 50.00 X 147526 0 13697 508261 0 49964 3 0 1 0 SACRED HEART CHURCH 37 SCHUYLER AVE STAMFORD CT 06902 RENT 314196 REGINA CATERERS 86 BEADEL STREET BROOKLYN NY 11222 FOOD SERVICES 306880 ORANGE CLEANING SERVICE 1127 HIGH RIDGE ROAD STAMFORD CT 06905 CLEANING SERVICES 259442 CODE NINJA 6 BAKER PLACE STAMFORD CT 06905 EDUCATIONAL SERVICES 129599 CHARTER SCHOOL BUSINESS MANAGEMENT 425 EAST 79TH STREET SUITE 1F NEW YORK NY 10075 FINANCIAL SERVICES 114463 6 1149373 377829 1527202 STATE AND LOCAL PER PU 611110 6567556 6567556 OTHER INCOME 611110 18377 18377 6585933 35110 35110 8148245 6585933 0 35110 X 305664 244531 61133 2686509 2599299 87210 86987 84852 2135 743613 582472 161141 182502 174119 8383 3891 3891 195529 195529 965898 936815 29083 20244 20192 52 39606 37787 1819 111651 109385 2266 480929 458837 22092 316672 302126 14546 31667 31667 CURRICULUM AND CLASSROO 339715 339715 0 FOOD SERVICES 304043 304043 0 REPAIRS AND MAINTENANCE 49602 47324 2278 STUDENT SERVICES 39908 39908 0 53396 35824 17572 6958026 6317229 640797 0 2111008 1374873 546682 2581792 393903 834502 98492 99002 7046678 2576359 4136147 4470319 414889 4643029 7701121 14003517 1279962 1884427 79200 4589231 421358 419039 1780520 6892697 X 5920601 7110820 5920601 7110820 7701121 14003517 1190219 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5899472 1915673 3983799 922125 492737 429388 225081 167949 57132 4470319 SECURITY DEPOSIT 150000 RIGHT-OF-USE ASSET 4493029 4643029 DUE TO RELATED PARTY 40463 DUE TO STATE 378576 419039 X 8148245 0 8148245 0 8148245 6958026 0 6958026 0 6958026 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 TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. 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 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL DOES NOT EXPLICITLY INCLUDE THEIR RACIALLY NONDISCRIMINATORY POLICY IN ALL OF THEIR COMMUNICATIONS WITH THE PUBLIC. HOWEVER THEIR RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE SCHOOL'S HANDBOOKS AND ON THEIR WEBSITE. SCHEDULE E, PART I, LINE 6 STATE PER PUPIL FUNDING, NCLB FUNDING, VARIOUS GOVERNMENT GRANTS X X X 0 0 0 0 0 0 0 1 0 KEVIN FISCHER PRINCIPAL 173524 0 23500 0 0 0 9094 0 16903 0 223021 0 0 0 SHANTAY PRIMUS ASSISTANT PRINCIPAL 141211 0 22500 0 0 0 5510 0 4760 0 173981 0 0 0 MONICA RIOS DIRECTOR OF FINANCE 124026 0 23500 0 0 0 3417 0 10280 0 161223 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEE RECEIVED A BONUS BASED ON YEAR END REVIEW BY MEMBERS OF THE BOARD: - KEVIN FISCHER, PRINCIPAL, $23,500 - SHANTAY PRIMUS, ASSISTANT PRINCIPAL, $22,500 - MONICA RIOS, DIRECTOR OF FINANCE, $23,500 FORM 990, PART VI, SECTION A, LINE 3 EXCELLENCE COMMUNITY SCHOOLS, INC. ("EXCELLENCE"), AN UNRELATED 501(C)(3) ORGANIZATION DEDICATED TO HELPING START AND RUN CHARTER SCHOOLS, PROVIDES ADMINISTRATIVE SUPPORT SERVICES TO THE SCHOOL. EXCELLENCE SUPPORTS THE SCHOOL WITH PROFESSIONAL DEVELOPMENT AND INSTRUCTIONAL SUPPORT. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE DRAFT 990 BEFORE IT IS FILED. THE ENTIRE FORM 990 IS EMAILED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES ANNUALLY. AFTER REVIEWING, BOARD MEMBERS AND KEY EMPLOYEES FILL OUT ANNUAL CONFLICT OF INTEREST CERTIFICATION FORMS IN WHICH THEY DISCLOSE ANY CONFLICTS OF INTEREST AND PROHIBITED EXCESS BENEFIT TRANSACTIONS. THE DIRECTOR OF FINANCE IS RESPONSIBLE FOR ENSURING THAT ALL BOARD MEMBERS AND KEY EMPLOYEES COMPLETE THEIR FORMS AND FOR REVIEWING THE EXECUTED FORMS FOR ANY PROBLEMATIC CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES APPROVES THE SALARY FOR THE PRINCIPAL. THE COMPENSATION FOR THESE POSITIONS MUST TAKE INTO CONSIDERATION THE CANDIDATE OR EMPLOYEE'S YEARS OF EXPERIENCE AND HIS OR HER ABILITY TO MEET THE STANDARDS SET BY BCSE FOR THE POSITION. ONCE THE SALARY IS SET, SUBSEQUENT INCREASES GENERALLY FOLLOW INCREASES AFFORDED TO THE REST OF THE STAFF. ACKNOWLEDGEMENT OF EXTRAORDINARY PERFORMANCE ARE RECOGNIZED THROUGH BONUSES. THE BOARD USES APPLICABLE COMPENSATION SURVEYS AND 990'S FOR NON PROFITS OF SIMILAR SIZE AND COMPLEXITY. THIS CROSS COMPARISON PROVIDES SOME BROADER PERSPECTIVE TO ACCOUNT FOR THE EMERGENCE IN CHARTER SCHOOLS OF MORE STABLE AND SEASONED SENIOR STAFF. THE COMPENSATION FOR OTHER MANAGEMENT POSITIONS WILL BE REVIEWED AND APPROVED BY THE EDUCATION COMMITTEE AS FOLLOWS: 1. THE EDUCATION COMMITTEE REVIEWS AND APPROVES THE ORGANIZATIONAL CHART OF THE SCHOOL ESTABLISHING LINES OF ACCOUNTABILITY. 2. THE EDUCATION COMMITTEE VERIFIES THE EVALUATION PROCESSES AND PERFORMANCE REVIEW PROCEDURES. 3. THE EXECUTIVE DIRECTOR REVIEWS COMPARATIVE SALARY INFORMATION OR OTHER COMPARABLE RESEARCH USING 990'S TO ENSURE THAT THE SALARY STRUCTURE OF STAMFORD CHARTER SCHOOL FOR EXCELLENCE, INC. CONTINUES TO ATTRACT AND MAINTAIN QUALITY EMPLOYEES. 4. THE FINANCE COMMITTEE AND BOARD OF TRUSTEES APPROVES COMPENSATION FOR THE "KEY EMPLOYEES/HIGHEST COMPENSATED INDIVIDUALS" BASED ON RECOMMENDATIONS MADE BY THE EXECUTIVE DIRECTOR AND PRINCIPAL. 5. CONTEMPORANEOUS SUBSTANTIATION AND RECORDKEEPING FOR DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT WAS MADE. FORM 990, PART VI, SECTION C, LINE 19 SCSE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 936,815. MANAGEMENT AND GENERAL EXPENSES 29,083. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 965,898. 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.