2022-05-09T14:07:32-05:00 2021-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2020-07-01 272713037 RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ART RICH 2023881011 475 SCHOOL STREET SW WASHINGTON DC 20024 DR MARCO CLARK HEAD OF SCHOOL 2023881011 2022-05-09 1 DR MARCO CLARK XXX-XX-XXXX MONIQUE BOOKER P00644231 4105840060 2022-05-09 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR MARCO CLARK 475 SCHOOL STREET SW WASHINGTON DC 20024 8376682 0 X WWW.RICHARDWRIGHTPCS.ORG X 2010 DC THE MISSION OF RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ARTS IS TO TRANSFORM STUDENTS IN GRADES 8-12 INTO WELL-VERSED MEDIAL CONTRIBUTORS BY PROVIDING A STUDENT-CENTERED ENVIRONMENT THAT CONNECTS THEM TO THE CLASSIC AND MODERN LANGUAGES AND A CURRICULUM FOCUSED ON STRONG WRITING SKILLS AND VOCABULARY. 13 0 67 0 0 0 1204034 992365 7036560 6890897 151 0 0 493420 8240745 8376682 0 0 0 0 3718587 3841410 0 0 58855 3732401 4328659 7450988 8170069 789757 206613 13714913 15850160 11486832 13415466 2228081 2434694 X THE MISSION OF RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ARTS IS TO TRANSFORM STUDENTS IN GRADES 8-12 INTO WELL-VERSED MEDIAL CONTRIBUTORS BY PROVIDING A STUDENT-CENTERED ENVIRONMENT THAT CONNECTS THEM TO THE CLASSIC AND MODERN LANGUAGES AND A CURRICULUM FOCUSED ON STRONG WRITING SKILLS AND VOCABULARY. 0 0 7248349 6890897 SEE ADDITIONAL DATA 7248349 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 8 0 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DR MARCO CLARK 2023881011 475 SCHOOL STREET SW WASHINGTON DC 20024 KEISHA BISCOE MEMBER 5.00 X 0 0 0 JELANI D JONES MEMBER 1.00 X 0 0 0 MARCIA DYSON MEMBER 1.00 X 0 0 0 CHRIS FRATTA MEMBER 1.00 X 0 0 0 CARLA HOLLY MEMBER 1.00 X 0 0 0 OBI HOLLY MEMBER 1.00 X 0 0 0 MELVIN MAXWELL MEMBER 1.00 X 0 0 0 TROY PRIEST MEMBER 1.00 X 0 0 0 LEONARD UPSON MEMBER 5.00 X 0 0 0 GREGORY ADAMS CHAIR 7.00 X 0 0 0 ESSIE CHARLES SECRETARY 3.00 X 0 0 0 WAYNE ELEY TREASURER 3.00 X 0 0 0 DERWIN ROSS VICE CHAIR 7.00 X 0 0 0 DR MARCO CLARK HEAD OF SCHOOL 60.00 X 161581 0 0 ALISHA ROBERTS-CHARLES CHIEF OF OPERATIONS 60.00 X 115220 0 0 276801 0 0 2 0 1 0 MCN BUILD LLC 1214 28TH ST NW WASHINGTON DC 20007 CONTRACTED SERVICES 2200139 TELLURIUM LLC 1627 K STREET NW SUITE 710 WASHINGTON DC 20006 RENT 480051 CITY FIRST 1432 U ST NW WASHINGTON DC 20009 LOAN INTEREST 399342 DELTA-T GROUP VIRGINIA INC 1952 GALLOWS RD STE 100 VIENNA VA 22182 SPECIAL EDUCATION SERVICES 171869 EDOPS 1611 CONNECTICUT AVE NW 200 WASHINGTON DC 20009 FINANCE AND ACCOUNTING SERVICES 170460 5 942703 49662 992365 PER PUPIL ALLOCATIONS 900099 6890897 6890897 6890897 466150 0 466150 466150 466150 OTHER REVENUE 900099 27270 27270 27270 8376682 7384317 0 0 334362 267490 50154 16718 2972628 2773119 183138 16371 268862 247205 18967 2690 265558 244167 18734 2657 400477 26025 374452 109706 83673 26033 56886 52922 3586 378 171771 157897 12552 1322 1272025 1206553 59237 6235 59733 55476 4257 525404 482967 38395 4042 827443 763399 57292 6752 47146 43718 3102 326 DIRECT STUDENT COSTS 680643 680643 177425 163095 12966 1364 8170069 7248349 862865 58855 2624416 3882179 276465 114955 625660 99885 70789 41141 12685692 1683201 10328403 11002491 200000 298689 13714913 15850160 3240020 552800 3387 7923636 12048351 319789 814315 11486832 13415466 X 2226781 2434694 1300 0 2228081 2434694 13714913 15850160 206613 0 X 1 X 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11512252 691212 10821040 361697 293922 67775 811743 698067 113676 11002491 DEFERRED RENT 707072 RENT DEPOSIT 50000 CAPITAL LEASE PAYABLE 24957 CAPITAL LEASE PAYABLE, NET OF CURRENT PORTION 32286 814315 X 8376683 0 8376683 0 8376683 8170069 0 8170069 0 8170069 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2021, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2021, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2018 THROUGH 2021 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. IT IS THE CHARTER SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2021, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. 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 IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS. THE NON-DISCRIMINATORY POLICY IS STATED IN THE REGISTRATION APPLICATION AND ON OUR WEBSITE. SCHEDULE E, PART I, LINE 6 THE CHARTER SCHOOL RECEIVES PUBLIC FUNDS FROM THE DC GOVERNMENT BASED ON THE NUMBER OF STUDENTS THEY ENROLL, ACCORDING TO THE UNIFORM PER STUDENT FUNDING FORMULA DEVELOPED BY THE MAYOR AND CITY COUNCIL. THIS PER PUPIL ALLOCATION IS SUPPLEMENTED WITH EXTRA FUNDS FOR STUDENTS WITH SPECIAL NEEDS. X 0 0 0 0 0 0 0 0 0 DR MARCO CLARK HEAD OF SCHOOL 157063 0 0 0 4518 0 0 0 0 0 161581 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE OBI HOLLY AND TRUSTEE CARLA HOLLY ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS PREPARED AND DISTRIBUTED TO TOP MANAGEMENT, THE CONTRACTED ACCOUNTANT, AND THE BOARD CHAIR. A LIST OF ANY QUESTIONS OR CONCERNS IS REVIEWED WITH THE PREPARER OF THE RETURN, AND ANY NECESSARY CHANGES ARE MADE TO THE RETURN PRIOR TO FILING THE FINAL ONCE THE FINAL VERSION IS COMPLETED, A COPY IS DISTRIBUTED TO ALL BOARD MEMBERS FOR THEIR RECORDS, AND A SIGNED COPY IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS MARKET COMPARABLES FOR THE HEAD OF SCHOOL AND TOP MANAGEMENT POSITIONS AND DEVELOPS COMPENSATION AMOUNTS BASED ON THESE COMPARABLES. THE EXECUTIVE COMMITTEE CONDUCTS THIS PROCESS ON AN ANNUAL BASIS AND APPROVES SALARY AMOUNTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST