2020-07-15T15:48:41-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 453957158 ASCEND CHARTER SCHOOLS ASCE 3474647600 205 ROCKAWAY PKWY BROOKLYN NY 11212 STEPHANIE MAUTERSTOCK BOARD CHAIR 3474647600 2020-07-15 1 GARRETT M HIGGINS P00543209 2122862600 2020-07-15 24.190.81.239 2020-07-15 15:48:37 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2021-01-29 14:40:06Z STEPHANIE MAUTERSTOCK 205 ROCKAWAY PKWY BROOKLYN NY 11212 103657162 0 X WWW.ASCENDLEARNING.ORG X 2011 NY TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. 8 8 874 8 0 0 5071623 7292424 80018919 96336151 10487 8527 110762 20060 85211791 103657162 0 0 0 0 46485255 57201495 0 0 0 39469392 46940394 85954647 104141889 -742856 -484727 22245821 23948867 23159232 25347005 -913411 -1398138 X ASCEND CHARTER SCHOOLS' (THE "SCHOOL") MISSION IS TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. THE SCHOOL WILL SPAN KINDERGARTEN THROUGH THE 12TH GRADE AT MATURITY. FROM THE EARLIEST GRADES, STUDENTS WILL STEADILY BUILD A STRONG FOUNDATION OF LEARNING HABITS, CRITICAL THINKING SKILLS, AND KNOWLEDGE; EXCEL ACADEMICALLY IN THE MIDDLE AND HIGH SCHOOL, MASTERING HIGH-LEVEL MATH AND SCIENCE; AND GRADUATE AS CONFIDENT YOUNG ADULTS, PREPARED TO SUCCEED AS COLLEGE STUDENTS, AS CITIZENS, AND AS LEADERS IN THEIR CHOSEN FIELDS. 0 0 84335240 96336151 THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 4,900 STUDENTS IN THE KINDERGARTEN THROUGH TWELFTH GRADES DURING THE 2018-2019 ACADEMIC YEAR. 84335240 1 0 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 1 114 0 874 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDREW EPSTEIN 3474647600 205 ROCKAWAY PARKWAY BROOKLYN NY 11212 X STEPHANIE MAUTERSTOCK BOARD CHAIR 2.50 X X 0 0 0 KATHLEEN QUIRK VICE CHAIR (LEFT IN FY19) 2.50 X X 0 0 0 AMANDA CRAFT SECRETARY 2.50 X X 0 0 0 SHELLY CLEARY TREASURER 2.50 X X 0 0 0 KWAKU ANDOH TRUSTEE 2.50 X 0 0 0 CHRISTINE SCHLENDORF TRUSTEE 2.50 X 0 0 0 NADINE SYLVESTER TRUSTEE 2.50 X 0 0 0 ORAL WALCOTT TRUSTEE 2.50 X 0 0 0 GLENN HOPPS TRUSTEE 2.50 X 0 0 0 ZELDA WASHINGTON SCHOOL DIRECTOR 60.00 X 175503 0 10171 JOHANA ANDUJAR SCHOOL DIRECTOR 60.00 X 150847 0 8653 ANASTASIA MICHALS SCHOOL DIRECTOR 60.00 X 149309 0 8703 BILLIE QUIGLEY SCHOOL DIRECTOR 60.00 X 156911 0 13050 MICHELLE FLOWERS SCHOOL DIRECTOR 60.00 X 142427 0 16077 774997 0 56654 66 0 1 0 ASCEND LEARNING INC 205 ROCKAWAY PARKWAY 6TH FL BROOKLYN NY 11212 MANAGEMENT SERVICES 10540093 MARTINEZ CLEANING COMPANY INC 88-11 31 AVENUE JACKSON HEIGHTS NY 11369 CUSTODIAL SERVICES 1213339 RED RABBIT LLC 1751 PARK AVE NEW YORK NY 10035 STUDENT FOOD SERVICES 849540 REVOLUTION FOODS PO BOX 742759 LOS ANGELES CA 90074 STUDENT FOOD SERVICES 685956 SCHOOL PROFESSIONALS 622 THIRD AVENUE NEW YORK NY 10017 SUBSTITUTE TEACHING SERVICES 328033 14 7274309 18115 7292424 GOV'T PER-PUPIL REV. 611000 86581003 86581003 GOV'T PER-PUPIL REV.-FACILITIES 611000 9620148 9620148 PROGRAM RELATED RENTAL 531120 135000 135000 96336151 8527 8527 DEFERRED REVENUE WRITE-OFF 900099 18591 18591 MISCELLANEOUS 900099 1469 1469 20060 103657162 96336151 0 28587 47504897 41274673 6230224 378080 328295 49785 5255260 4569378 685882 4063258 3528215 535043 12252827 4790193 7462634 93604 93604 102600 102600 2609282 1877269 732013 380567 340841 39726 1841595 1350494 491101 1165395 1014978 150417 19085113 16599201 2485912 2432045 2389563 42482 155 137 18 1640164 1423346 216818 426484 372935 53549 CURRICULUM AND CLASSROO 2272425 2272425 REPAIRS AND MAINTENANCE 1131502 979762 151740 STAFF DEVELOPMENT 824916 781085 43831 DUES AND SUBSCRIPTIONS 365488 317712 47776 316232 124738 191494 104141889 84335240 19806649 0 1382974 2335501 7926959 10199800 4013967 1242978 251548 262154 17245034 7913104 8122089 9331930 548284 576504 22245821 23948867 4620088 5338924 90245 93700 400000 0 18048899 19914381 23159232 25347005 X -913411 -1398138 -913411 -1398138 22245821 23948867 -484727 0 X X 0 1 X 1 1 1 X 9442407 3388047 6054360 4054039 2233325 1820714 3748588 2291732 1456856 9331930 DEFERRED RENT 18290324 DUE TO RELATED PARTY 1624057 19914381 X 103657162 0 103657162 0 103657162 104141889 0 104141889 0 104141889 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2016. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATION POLICY THROUGH ITS INTERNET WEBSITE. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT OFFER ANY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. THE STUDENTS ARE NOT CHARGED TUITION. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X X 0 0 0 0 0 0 0 0 0 ZELDA WASHINGTON SCHOOL DIRECTOR 175470 0 0 0 33 0 7159 0 3012 0 185674 0 0 0 JOHANA ANDUJAR SCHOOL DIRECTOR 150821 0 0 0 26 0 0 0 8653 0 159500 0 0 0 ANASTASIA MICHALS SCHOOL DIRECTOR 149283 0 0 0 26 0 1500 0 7203 0 158012 0 0 0 BILLIE QUIGLEY SCHOOL DIRECTOR 156882 0 0 0 29 0 6548 0 6502 0 169961 0 0 0 MICHELLE FLOWERS SCHOOL DIRECTOR 142401 0 0 0 26 0 4303 0 11774 0 158504 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL HAS A RELATIONSHIP WITH A CHARTER MANAGEMENT ORGANIZATION, ASCEND LEARNING, INC., A NEW YORK STATE NOT-FOR-PROFIT CORPORATION, WHICH PROVIDES MANAGEMENT SERVICES AND FACILITY DEVELOPMENT COSTS PURSUANT TO AN AGREEMENT BETWEEN BOTH PARTIES. THE MANAGEMENT FEES FOR THE YEAR ENDED JUNE 30, 2019 AMOUNTED TO $12,233,827. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD THE FORM TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS, DIRECTORS, AND KEY EMPLOYEES (IF ANY) AS PART OF THEIR REGULAR MEETINGS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IN ADDITION, THE BOARD OF DIRECTORS SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. AFTER DISCLOSURE OF A CONFLICT, THE INDIVIDUAL IN QUESTION MUST RECUSE THEMSELVES FROM VOTING ON THE MATTER. SUCH MATTERS INVOLVING THE EXISTENCE OF CONFLICTS OF INTEREST ARE TO BE DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. 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. IT IS POSTED ON GUIDESTAR.ORG. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 205 ROCKAWAY PARKWAY, BROOKLYN, NY 11212, OR BY CALLING THE ORGANIZATION DIRECTLY AT (347) 464-7600. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.