2022-05-16T07:57:46-05:00 2021-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2020-07-01 472465564 STAMFORD CHARTER SCHOOL FOR EXCELLENCE INC STAM 2039890000 ONE SCHUYLER AVENUE STAMFORD CT 06902 DEBRA LOGAN-RABB BOARD CHAIR 2039890000 2022-05-13 1 DEBRA LOGAN-RABB 999009999 MICHELLE CAIN P00150750 5854231860 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DEBRA LOGAN-RABB ONE SCHUYLER AVENUE STAMFORD CT 06902 5715704 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. 6 6 43 7 0 0 1431230 1312496 4434097 4399810 7006 342 744 3056 5873077 5715704 0 0 0 0 3189183 3277542 0 0 0 1421083 1509650 4610266 4787192 1262811 928512 6098656 6249963 2290206 1513001 3808450 4736962 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 4227205 4402866 STAMFORD CHARTER SCHOOL FOR EXCELLENCE IS A PUBLIC, CHARTER SCHOOL THAT PROVIDES ELEMENTARY EDUCATION TO ABOUT 391 CHILDREN IN PRE-K THROUGH 6TH GRADE. 4227205 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 10 0 43 1 0 0 0 0 0 0 0 0 0 0 X 6 6 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 CHRIS SHUMWAY DIRECTOR 2.00 X X 0 0 0 DEBRA LOGAN-RABB BOARD CHAIR 2.00 X X 0 0 0 OLYMPIA DELLA FLORA DIRECTOR 1.00 X 0 0 0 PATRICK BARTH TREASURER 2.00 X X 0 0 0 PETER CERRETA DIRECTOR 1.00 X 73837 0 15505 ROBERT MONSON SECRETARY 2.00 X X 0 0 0 KEVIN FISCHER PRINCIPAL 50.00 X 159099 0 28443 QUENTIN PHIPPS DIRECTOR OF DEVELOPMENT 50.00 X 109076 0 7039 342012 0 50987 2 0 1 0 BJS RENOVATIONS INC 757 BURKE AVENUE BRONX NY 10467 LEASEHOLD IMPROVEMENTS 606379 SACRED HEART CHURCH 37 SCHUYLER AVE STAMFORD CT 06902 RENT 314516 MAGNA CONSTRUCTION LTD 30 PIAVE ST STAMFORD CT 06902 LEASEHOLD IMPROVEMENTS 288071 CULINARY DEPOT 67 NY-59 SPRING VALLEY NY 10977 LEASEHOLD IMPROVEMENTS 183572 ORANGE CLEANING SERVICES 1127 HIGH RIDGE ROAD STAMFORD CT 06905 CLEANING SERVICES 145358 5 1296471 16025 1312496 STATE AND LOCAL PER PU 611110 4398750 4398750 SCHOOL LUNCH FEES 611110 1060 1060 4399810 342 342 MISCELLANEOUS INCOME 999999 3056 3056 3056 5715704 4402866 0 342 281697 210038 71659 2235538 2122847 112691 75150 72748 2402 548396 421358 127038 136761 127713 9048 4870 4870 137323 137323 327697 311414 16283 18493 17269 1224 49470 46681 2789 418132 390468 27664 300540 285513 15027 17950 17950 CURRICULUM AND CLASSROO 66173 66173 REPAIRS AND MAINTENANCE 58668 54787 3881 FOOD SERVICES 52479 52479 OTHER 28663 20457 8206 29192 27260 1932 4787192 4227205 559987 0 884151 1006466 546130 546472 933573 242993 65464 69380 6049322 1953640 3401094 4095682 268244 288970 6098656 6249963 1355828 1318008 38400 520648 29717 413730 126876 2290206 1513001 X 3808450 4736962 3808450 4736962 6098656 6249963 928512 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5384108 1582944 3801164 459951 255364 204587 205263 115332 89931 4095682 DUE TO RELATED PARTY 126876 126876 X 5715704 0 5715704 0 5715704 4787192 0 4787192 0 4787192 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, 2018 THROUGH JUNE 30, 2021 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. 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, 2018 THROUGH JUNE 30, 2021 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 139099 0 20000 0 0 0 10335 0 18108 0 187542 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, RECIEVED $20,000 - PETER CERRETA, DIRECTOR, RECIEVED $3,500 - QUENTIN PHIPPS, DIRECTOR OF DEVELOPMENT, $20,000 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 18 SCSE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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 XII, LINE 2C: THE PROCESS IS CONSISTENT WITH PRIOR YEAR.