2024-05-14T23:19:41-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 135600423 STATEN ISLAND ACADEMY STAT 7189878100 715 TODT HILL RD STATEN ISLAND NY 10304 EILEEN CORIGLIANO HEAD OF SCHOOL 7189878100 2024-05-09 1 EILEEN CORIGLIANO XXX-XX-XXXX 1 MELISSA MODELSON P01603524 9143818900 2024-05-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z EILEEN CORIGLIANO 715 TODT HILL RD STATEN ISLAND NY 10304 16458353 0 X STATENISLANDACADEMY.ORG X 1908 NY STATEN ISLAND ACADEMY (SIA) IS AN INDEPENDENT, CO-EDUCATIONAL, COLLEGE PREP SCHOOL FOR PRE-K THROUGH GRADE 12. 18 13 218 250 3350 175 1931971 1740722 13395004 14222747 1562735 134314 125908 254103 17015618 16351886 3206827 2853058 0 0 8892296 9192013 0 0 354475 2792317 3425089 14891440 15470160 2124178 881726 26517766 26880526 7458877 6253910 19058889 20626616 X THE MISSION OF STATEN ISLAND ACADEMY'S PATRICK ACADEMIC RESOURCE CENTER (PARC) IS TO SUPPORT OUR LEARNING COMMUNITY-AT-LARGE BY ENSURING THAT ALL STUDENTS ARE ASSISTED IN PURSUIT OF THEIR GOALS OF INTELLECTUAL CHALLENGE, ACADEMIC INDEPENDENCE AND TO BECOME LIFELONG LEARNERS. 0 0 11351110 2853058 12642937 EDUCATIONAL PROGRAM - SIA PROVIDES A COMPREHENSIVE COLLEGE PREPARATORY PROGRAM TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH 12. IN ADDITION TO EXTENSIVE ACADEMIC OFFERINGS RANGING FROM LATIN TO CALCULUS, THE PROGRAM INCLUDES EXTRACURRICULAR ACTIVITIES SUCH AS ATHLETICS, CLUBS, OVERNIGHT TRIPS, AND BEFORE AND AFTER SCHOOL CHILD CARE. THE PATRICK ACADEMIC RESOURCE CENTER (PARC) WAS LAUNCHED IN SEPTEMBER 2013. IT IS A CUSTOM-DESIGNED, FULLY EQUIPPED RESOURCE CENTER STAFFED BY 2 FULL-TIME LEARNING SPECIALISTS. IT SUPPORTS AND REFLECTS AWARENESS OF DIVERSELEARNING STYLES SERVING STUDENTS FROM PRE-K THROUGH GRADE 12. 589512 0 1536813 SUMMER PROGRAM - SIA OFFERS ACADEMIC ENRICHMENT OPPORTUNITIES IN THE TALENTED AND GIFTED PROGRAM. OUR GENERAL SUMMER PROGRAM RUNS FROM LATE JUNE THROUGH LATE AUGUST AND SERVES CHILDREN AGES 3-15. THE SUMMER PROGRAM INCLUDES HEALTH, FITNESS, SCIENCE, MATH, WRITING, COMPUTERS, AND RECREATION. 65408 0 42997 AFTER SCHOOL PROGRAM - SIA OFFERS AN EXTENDED DAY PROGRAM FOR STUDENTS IN PRE-K THROUGH GRADE 8 BEFORE AND AFTER THE REGULAR SCHOOL DAY. STUDENTS MAY ALSO REGISTER FOR ADVENTURES SESSIONS FOR A FEE. THE PROGRAMS PROVIDE AFTER SCHOOL CARE, HOMEWORK HELP, ENRICHMENT, AND RECREATIONAL CLASSES AFTER THE REGULAR SCHOOL DAY. 12006030 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 73 0 218 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 18 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X X EILEEN CORIGLIANO 7189878100 715 TODT HILL RD STATEN ISLAND NY 10304 X JOSEPH PUMA PRESIDENT 1.00 X X 0 0 0 JULIO VINCENT GAMBUTO VICE PRESIDENT 1.00 X X 0 0 0 BHARATH SITHIAN TREASURER 1.00 X X 0 0 0 LORENZO ANSUINI SECRETARY 1.00 X X 0 0 0 ROBERT ANNICHARICO TRUSTEE 1.00 X 0 0 0 VICTOR P AVIS TRUSTEE 1.00 X 0 0 0 ELIZABETH BIFULCO TRUSTEE 1.00 X 0 0 0 JOAN CUSACK TRUSTEE 1.00 X 0 0 0 ERIC DELACRUZ TRUSTEE 1.00 X 0 0 0 TIMOTHY C HARRISON TRUSTEE 1.00 X 0 0 0 ANITA W LAREMONT TRUSTEE 1.00 X 0 0 0 DENISE ROSSILLI TRUSTEE 1.00 X 0 0 0 MICHELLE SAVINO TRUSTEE/TEACHER 41.00 X 59240 0 3404 FRANK SCARANGELLO TRUSTEE 1.00 X 0 0 0 ANGELA ARDOLIC TRUSTEE 1.00 X 0 0 0 ALLISON FACTOR TRUSTEE 1.00 X 0 0 0 CORA MUNDY TRUSTEE 1.00 X 0 0 0 MARCELLO SCIARRINO TRUSTEE 1.00 X 0 0 0 EILEEN CORIGLIANO HEAD OF SCHOOL 40.00 X 322084 0 56919 DAVID GORDON DIRECTOR OF PARC 40.00 X 116721 0 7267 CAROLINE CRANE DIRECTOR OF ADMISSIONS 40.00 X 123020 0 23056 FRANK CRANE HEAD OF UPPER SCHOOL 40.00 X 126290 0 48674 LEA PRENDERGAST DIRECTOR OF LOWER SCHOOL 40.00 X 117395 0 6046 ARTHUR GRINEV DIRECTOR OF IT 40.00 X 153713 0 65534 ALBERT CAUZ FORMER HEAD OF SCHOOL 0.00 X 444855 0 87735 1463318 0 298635 13 1 1 0 ISLAND CHARTER INC 380 CHELSEA ROAD STATEN ISLAND NY 10314 TRANSPORTATION 218623 SCHULTE ROTH & ZABEL LLP 919 THIRD AVENUE STATEN ISLAND NY 10306 ARCHITECT SERVICES 174882 MONPOG LLC 64 BERRY AVE STATEN ISLAND NY 10312 FOOD SERVICE - CAFETERIA 172863 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVE STE 301 HARRISON NY 10528 AUDIT & TAX SERVICES 169700 DESANTIS KIEFER SHALL & SARCONE LLP 1675 RICHMOND ROAD STATEN ISLAND NY 10304 ACCOUNTING SERVICES 149429 5 232569 1095037 413116 10353 1740722 TUITION FEES 611710 12642937 12642937 SUMMER CAMP 611710 1536813 1536813 AFTER SCHOOL PROGRAM 611710 42997 42997 14222747 90481 3350 87131 105228 0 105228 105228 105228 29390 -14443 43833 43833 43833 86025 232569 110910 -24885 -24885 24100 10000 14100 14100 TRANSPORTATION 900099 88172 88172 MISCELLANEOUS 900099 71488 71488 159660 16351886 14222747 3350 385067 2853058 2853058 546538 48316 434840 63382 103459 103459 6318325 5088048 1073683 156594 242394 186292 50328 5774 1504234 1074401 378857 50976 477063 341406 119971 15686 67488 67488 183468 183468 29390 29390 284796 81078 203325 393 70753 157 70179 417 335584 201706 91561 42317 92506 92506 262416 229840 30822 1754 583140 582633 52 455 3929 3929 303505 265828 35648 2029 242067 212017 28432 1618 EDUCATIONAL SUPPLIES 275439 275439 REPAIRS AND MAINTENANCE 209519 178949 29136 1434 BAD DEBT EXPENSE 193494 193494 FOOD EXPENSES 151249 128328 20553 2368 136346 62569 64499 9278 15470160 12006030 3109655 354475 10826789 3575801 2103566 8923629 403952 316928 152023 86813 113537 200856 12878973 8340443 4687783 4538530 7796685 8754828 431020 372016 2411 111125 26517766 26880526 1836468 1304001 4529027 4842114 1093382 107795 7458877 6253910 X 14674859 16513121 4384030 4113495 19058889 20626616 26517766 26880526 X 881726 951007 -265006 X X 0 1 X 1 0 X 964936 511105 609687 1931971 1740722 5758421 964936 511105 609687 1931971 1740722 5758421 218920 5539501 183484 72705 3424 46691 192359 498663 133214 101125 17984 6860 259183 80380 93521 52120 72633 159660 458314 6974581 66149444 0.79420 0.86560 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 32,969. 2019 AMOUNT: $ 19,287. 2020 AMOUNT: $ 37,224. 2021 AMOUNT: $ 52,033. 2022 AMOUNT: $ 71,488. TRANSPORTATION INCOME - 2018 AMOUNT: $ 26,825. 2019 AMOUNT: $ 36,350. 2021 AMOUNT: $ 20,600. 2022 AMOUNT: $ 88,172. INSURANCE PROCEEDS - 2019 AMOUNT: $ 30,308. REIMBURSEMENTS - 2020 AMOUNT: $ 13,900. TAX REFUND - 2020 AMOUNT: $ 996. SALE OF INVENTORY - 2018 AMOUNT: $ 20,586. 2019 AMOUNT: $ 7,576. 8354693 17600 948387 76966 9243714 11559087 18300 -1103386 2119308 8354693 734561 15100 178837 5531 922967 710991 15201 11326 2957 734561 633647 25300 55112 3068 710991 0.90620 0.06090 0.03290 0 0 92415 92415 8737527 5219763 3517764 2201022 1961812 239210 1848009 1158868 689141 4538530 LEASE LIABILITY - OPERATING LEASE 107795 107795 X 13726394 951007 951007 12775387 29390 3547109 3576499 16351886 11893661 0 11893661 29390 3547109 3576499 15470160 PART V, LINE 4: THE ACADEMY'S ENDOWMENT SHALL BE USED FOR THE FACULTY EDUCATION ATHLETIC MEMORIAL AND SCHOLARSHIP PROGRAM. PART X, LINE 2: THE ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ACADEMY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ACADEMY IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOD TO JUNE 30, 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2 3,468,009. TUITION REMISSION REPORTED ON PART IX, LINE 9 79,100. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2 3,468,009. TUITION REMISSION REPORTED ON PART IX, LINE 9 79,100. 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 SCHOOL POSTS ITS NONDISCRIMINATORY POLICY ON ITS HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FUNDING FROM NEW YORK STATE EDUCATION DEPARTMENT AND U.S. SMALL BUSINESS ADMINISTRATION, IN REGARDS TO PPP LOAN FORGIVENESS. BOURBON & BOWTIES 244689 195989 48700 34000 12090 29382 GOLF OUTING 66095 33195 32900 3500 324 6500 14950 8506 1 7810 3385 4425 195 650 813 318594 232569 86025 3500 519 40500 15600 12090 38701 110910 -24885 24100 10000 1 1.00000 24100 10000 10000 14100 NY 1 0 0 0 1.00000 TERESA PELOSI 715 TODT HILL ROAD STATEN ISLAND NY 10304 0 TERESA PELOSI 1949 TERESA PELOSI'S RESPONSIBILITIES INCLUDE RECORDKEEPING, MONEY COUNTING, AND MAKING THE BANK DEPOSITS FOR THE GAMING OPERATION. X 0 1 MERIT SCHOLARSHIPS 42 1078060 TUITION DISCOUNTS 35 52193 FINANCIAL AID 94 1722805 PART I, LINE 2: STATEN ISLAND ACADEMY FOLLOWS SPECIFIC GUIDELINES, POLICIES, AND PROCEDURES TO DETERMINE NEED BASED FINANCIAL AID AWARDS, SCHOLARSHIPS, AND FACULTY GRANTS. AWARDS BASED ON FINANCIAL NEED ARE DETERMINED BY ASSESSMENT OF THE 555 APPLICATION, TAX RETURNS, AND RELATED FINANCIAL DOCUMENTATION. SCHOLARSHIPS ARE DETERMINED BY ASSESSMENT OF PERFORMANCE ON THE SCHOLARSHIP EXAM AND THEN ADMISSIONS APPLICATION. THE FINANCIAL AID COMMITTEE DETERMINES SCHOLARSHIP RECIPIENTS. FACULTY GRANTS ARE SUBJECT TO SCHOOL POLICY APPROVED BY THE BOARD OF TRUSTEES. X X 0 0 X X X X 1 0 0 0 0 0 0 1 0 ALBERT CAUZ FORMER HEAD OF SCHOOL 217090 0 0 0 227765 0 21421 0 66314 0 532590 0 227765 0 EILEEN CORIGLIANO HEAD OF SCHOOL 297084 0 25000 0 0 0 15112 0 41807 0 379003 0 0 0 ARTHUR GRINEV DIRECTOR OF IT 153713 0 0 0 0 0 7791 0 57743 0 219247 0 0 0 FRANK CRANE HEAD OF UPPER SCHOOL 126290 0 0 0 0 0 6750 0 41924 0 174964 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, ALBERT CAUZ, THE FORMER HEAD OF SCHOOL, AND EILEEN CORIGLIANO, THE HEAD OF SCHOOL MAINTAINS A PRINCIPAL RESIDENCE ON CAMPUS WHICH IS INCLUDED AS PART OF THEIR NONTAXABLE BENEFITS. THE SCHOOL ALSO PROVIDED THE HEAD OF SCHOOL'S RESIDENCE WITH HOUSEHOLD SERVICES AND UPKEEP, INCLUDING MAINTENANCE AND REPAIRS, CLEANING, UPKEEP OF THE GROUNDS, UTILITIES AND OTHER SIMILAR EXPENDITURES. THE HOUSING AND THE UPKEEP OF THE RESIDENCE IS NONTAXABLE TO THE INDIVIDUAL. THE VALUE OF THE HOUSING WAS $24,000 FOR EACH FOR CALENDAR YEAR 2022. PART I, LINE 4A ALBERT CAUZ FORMER HEAD OF SCHOOL RECIEVED SEVERANCE PAYMENT OF $227,765. PART I, LINE 7 THE ORGANIZATION PAID DISCRETIONARY BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B(II) FOR THE APPLICABLE INDIVIDUALS. 107153 TUITION ASSISTANCE FINANCIAL AID JAMIE SAVINO-MAZELLA FAMILY MEMBER OF A BOARD MEMBER 103459 EMPLOYMENT 0 X AUCTION ITEMS 2 69200 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B STATEN ISLAND ACADEMY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE FINANACE COMMITTEE FOR APPROVAL. ONCE THE COMMITTEE HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ELECTION OR APPOINTMENT OF ANY BOARD MEMBER AND OFFICERS, THEY SHALL DISCLOSE IN WRITING, TO THE BEST OF THEIR KNOWLEDGE, ANY INTEREST IN ANY CORPORATION OR OTHER ORGANIZATION WHICH PROVIDES GOODS OR PROFESSIONAL OR OTHER SERVICES TO THE ACADEMY FOR A FEE OR OTHER COMPENSATION. A COPY OF EACH DISCLOSURE STATEMENT SHALL BE AVAILABLE TO ANY TRUSTEE OF THE ACADEMY ON REQUEST. IF AT ANY TIME DURING HIS OR HER TERM OF SERVICE A MEMBER HAS ANY INTEREST WHICH MAY POSE A CONFLICT OF INTEREST, HE OR SHE SHALL PROMPTLY DISCLOSE THE MATERIAL FACTS OF THAT INTEREST IN WRITING TO THE PRESIDENT OF THE BOARD AND CHAIR OF ANY BOARD COMMITTEE, IF ANY, FUNCTIONING AS THE AUDIT COMMITTEE OF THE BOARD. WHEN ANY MATTER IN WHICH A MEMBER HAS AN INTEREST COMES BEFORE THE BOARD OR ANY COMMITTEE OR SUB-COMMITTEE OF THE BOARD FOR DECISION OR APPROVAL, THAT INTEREST SHALL BE IMMEDIATELY DISCLOSED TO THE BOARD OR THE COMMITTEE OR SUB-COMMITTEE BY THAT MEMBER, AND THE MEMBER SHALL RECUSE HIMSELF OR HERSELF FROM ANY DISCUSSION AND/OR VOTE RELATING THERETO. BOARD MEMBERS AND OFFICERS ARE ALSO REQUIRED TO SUBMIT A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL'S PERFORMANCE IS EVALUATED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION DATA FROM NY STATE ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) FOR SIMILAR INDEPENDENT SCHOOLS IS CONSIDERED. THIS PROCESS WAS DONE IN FISCAL 2022 TO APPROVE THE FISCAL 2023 CONTRACT FOR SALARY, WHICH IS A 5 YEAR CONTRACT FOR THE CURRENT HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART VII, SECTION A: MICHELLE SAVINO IS NOT RECEIVING COMPENSATION AS PAYMENT FOR BEING A BOARD MEMBER. SHE IS A TEACHER AT THE SCHOOL AND RECEIVES COMPENSATION FOR THOSE SERVICES PROVIDED. NO COMPENSATION WAS PROVIDED TO AN INDIVIDUAL FOR SERVICES AS A BOARD MEMBER. FORM 990, PART XI, LINE 9: IMPAIRMENT OF CONSTRUCTION IN PROGRESS -265,006. FORM 990, PART XII, LINE 2C: THE ACADEMY HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.