2019-12-23T13:32:03-06:00 2018-09-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2018-07-01 270669712 GEORGIA ONLINE ACADEMY INC GEOR 4049375729 100 EDGEWOOD AVENUE NE NO 200 ATLANTA GA 30303 HERBERT JONES BOARD CHAIR 4049375729 2019-12-05 1 MARY JO ALEXANDER P00002534 7709558600 2019-12-05 50.192.51.169 2019-12-05 15:17:10 ES P 8637EF1246D3216D681B18BE95D8D56C99333661 C30BC06B4840A79A33682FEFF6835A05DAA1E1FB 2018 2020-03-31 21:24:44Z X GRADUATION ACHIEVEMENT CHARTER HIGH SCHOOL MONICA HENSON 100 EDGEWOOD AVENUE NE NO 200 ATLANTA GA 30303 34764 0 X N/A X 2009 GA GEORGIA ONLINE ACADEMY IS A PUBLIC ALTERNATIVE HIGH SCHOOL EDUCATING STUDENTS STATEWIDE IN ONLINE AND BLENDED LEARNING ENVIRONMENTS. THE ORGANIZATION SPECIALIZES IN DROPOUT PREVENTION AND RECOVERY. X 6 5 74 6 0 0 9756915 27839 127936 6860 425 65 0 0 9885276 34764 0 0 0 0 4371123 595429 0 0 0 5810087 325462 10181210 920891 -295934 -886127 4332334 0 5264917 0 -932583 0 X GACHS PREPARES GEORGIA'S NON-TRADITIONAL STUDENTS FOR HIGH SCHOOL GRADUATION BY PROVIDING THEM TOOLS TO BECOME SUCCESSFUL AND ENGAGED ADULTS IN A GLOBAL SOCIETY THROUGH A RIGOROUS AND FLEXIBLE CURRICULUM. WE WILL DO THIS BY BEING FISCALLY RESPONSIBLE, FOCUSING ON THE PERSONAL AND PROFESSIONAL DEVELOPMENT OF OUR STUDENTS AND STAFF, AND EMPOWERING YOUNG PEOPLE TO ACHIEVE COLLEGE AND CAREER READINESS. 0 1 6860 GRADUATION ACHIEVEMENT CHARTER HIGH SCHOOL SERVED STUDENT POPULATIONS UNDER-SERVED OR UN-SERVED BY TRADITIONAL EDUCATIONAL INSTITUTIONS, AS WELL AS THOSE WHO NEED ADDITIONAL FLEXIBILITY TO EARN THEIR HIGH SCHOOL DIPLOMA. THE PROGRAM HAS TERMINATED AS OF JUNE 30, 2018 AS A RESULT OF THE MERGER WITH STATE OF GEORGIA CHARTER COMMISSION. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 24 0 1 74 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 GA X THE ORGANIZATION 4049375729 100 EDGEWOOD AVENUE NE NO 200 ATLANTA GA 30303 HERBERT JONES BOARD CHAIR 3.00 X X 0 0 0 NICOLE TEMPLE TREASURER 3.00 X X 0 0 0 KRISTIN BERNHARD BOARD MEMBER 3.00 X 0 0 0 NATALIE STROUD BROWN BOARD MEMBER 3.00 X 0 0 0 LINDA FORD BOARD MEMBER 3.00 X 0 0 0 MONICA HENSON EXECUTIVE DIRECTOR 40.00 X X 251777 0 11519 GALE STEIN CHIEF ACADEMIC OFFICER 40.00 X 185853 0 9711 KENNETH HUNT CHIEF DEVELOPMENT OFFICER 40.00 X 103079 0 4304 GERDA LOUIZI DIRECTOR OF FEDERAL PROGRAMS 40.00 X 102090 0 8717 642799 0 34251 4 0 1 0 NELSON MULLINS RILEY & SCARBOROUGH LLP POST OFFICE DRAWER 11009 COLUMBIA SC 29211 LEGAL SERVICES 349082 AABS LLC (AVOLON ACCOUNTING) 235 PEACTHREE STREET 400 ATLANTA GA 30303 ACCOUNTING & CFO SERVICES 233285 2 27839 27839 CHARGES FOR SERVICES 900099 6860 6860 6860 65 65 34764 6860 0 65 381261 381261 153300 153300 32959 32959 19891 19891 8018 8018 64430 64430 63000 63000 35018 35018 22437 22437 9687 9687 104925 104925 9080 9080 4297 4297 REPAIRS & MAINTENANCE 6518 6518 DUES & FEES 6070 6070 920891 0 920891 0 2267695 0 0 0 315220 0 0 0 0 0 54985 0 0 179964 0 0 0 0 0 1514470 0 4332334 0 500875 4764042 0 5264917 0 X 0 0 0 0 -932583 0 -932583 0 4332334 0 X -886127 1818710 X 0 0 0 X PUBLIC SUPPORT SHORT YEAR EXPLANATION: THE ORGANIZATION'S 2018 TAX YEAR WAS A SHORT YEAR DUE TO ITS DISSOLUTION ON SEPTEMBER 30, 2018. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS INFORMATION IS INCLUDED IN ALL LITERATURE, STUDENT HANDBOOK AND ON THE WEB SITE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOES NOT AWARD SCHOLARSHIPS OR FINANCIAL ASSISTANCE. THE ORGANIZATION DOES NOT SOLICIT CONTRIBUTIONS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES STATE AND FEDERAL GOVERNMENTAL FUNDING. X X X X X 0 0 0 0 0 0 0 1 0 MONICA HENSON EXECUTIVE DIRECTOR 85456 0 128949 0 37372 0 8000 0 3519 0 263296 0 0 0 GALE STEIN CHIEF ACADEMIC OFFICER 69204 0 100465 0 16184 0 8125 0 1586 0 195564 0 0 0 PART I, LINE 7 RETENTION STIPENDS WERE PAID TO EMPLOYEES IN ORDER TO INCENTIVIZE THEM TO CONTINUE DOING THE WORK OF CLOSURE OF THE ENTITY. THE FOLLOWING EMPLOYEES RECEIVED THE RETENTION STIPENDS POST 6/30/18: MONICA HENSON $251,777 GALE STEIN $185,853 KENNETH HUNT $103,079 GERDA LOUIZI $102,090 EQUIPMENT 2018-09-30 179964 NET BOOK VALUE STATE OF GEORGIA CHARTER SCHOOL COMMISSION 1470B TWIN TOWERS EAST 205 JESSE H ATLANTA GA 30334 STATE GOVERNMENT CASH 2018-09-30 786552 CASH STATE OF GEORGIA CHARTER SCHOOL COMMISSION 1470B TWIN TOWERS EAST 205 JESSE H ATLANTA GA 30334 STATE GOVERNMENT LEGAL AND ACCOUNTING FEES 2018-09-30 127430 ACTUAL AMOUNT PAID STATE OF GEORGIA CHARTER SCHOOL COMMISSION 1470B TWIN TOWERS EAST 205 JESSE H ATLANTA GA 30334 STATE GOVERNMENT 0 0 0 1 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: MONICA HENSON, GALE STEIN PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: MONICA HENSON, FORMER EXECUTIVE DIRECTOR, AND GALE STEIN, FORMER CHIEF ACADEMIC OFFICER, RECEIVED RETENTION STIPENDS TO INCENTIVIZE THEM TO PERFORM WORK RELATED TO THE CLOSURE OF THE ENTITY AFTER ITS CLOSURE AND DISSOLUTION. FORM 990, PART III, LINE 3 THE BOARD OF DIRECTORS FOR GEORGIA ONLINE ACADEMY DETERMINED THAT DUE TO DECREASING ENROLLMENT NUMBERS, DECREASING ENROLLMENT PROJECTIONS, AND INCREASING OPERATING COSTS, THE ACADEMY WOULD NO LONGER ACCEPT STUDENTS AFTER THE FISCAL YEAR ENDING JUNE 30, 2018. THE ACADEMY WAS CLOSED EFFECTIVE JULY 1, 2018 AND FORMALLY DISSOLVED ON SEPTEMBER 30, 2018. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS PROVIDED TO MANAGEMENT FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND EACH DIRECTOR SIGNS IT. THE SIGNED POLICY DOCUMENTS ARE MAINTAINED IN SHAREPOINT. IN ALL THE YEARS THE BOARD HAS HAD THIS POLICY, ONLY ONE INCIDENT HAS OCCURRED. THE BOARD SOUGHT AND RECEIVED THE RESIGNATION OF THE BOARD MEMBER AS A RESULT OF THE INCIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS MARKET RATES AND APPROVES COMPENSATION FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ASSUMPTION OF NET PENSION LIABILITY AND RELATED DEFERRED OUTFLOWS OF RESOURCES AND DEFERRED INFLOWS OF RESOURCES BY TEACHERS RETIREMENT SYSTEM OF GEORGIA 2,785,226. TRANSFER OF REMAINING CASH TO STATE OF GEORGIA CHARTER SCHOOLS COMMISSION -786,552. TRANSFER OF FIXED ASSETS TO STATE OF GEORGIA CHARTER SCHOOLS COMMISSION -179,964. GEORGIA ONLINE ACADEMY, INC. (THE ORGANIZATION) BELIEVES IT HAS REASONABLE CAUSE FOR FILING LATE AND IS HEREBY REQUESTING THAT THE IRS ABATE ANY LATE-FILING PENALTIES.THE ORGANIZATION CEASED OPERATIONS ON JULY 1, 2018, AND DISSOLVED ON SEPTEMBER 30, 2018. MANAGEMENT OF THE ORGANIZATION DID NOT REALIZE THAT DISSOLUTION AUTOMATICALLY ENDED THE ORGANIZATION'S TAX YEAR. NO EXTENSION OF TIME TO FILE FORM 990 WAS REQUESTED BECAUSE THE ORGANIZATION WAS NOT AWARE THAT ITS TAX YEAR ENDED ON SEPTEMBER 30, 2018.THE ORGANIZATION HIRED MAULDIN & JENKINS, LLC (THE TAX PREPARER) TO AUDIT ITS FINANCIAL STATEMENTS AND FILE ALL INFORMATION RETURNS FOR THE YEAR ENDED JUNE 30, 2018. DURING PREPARATION OF THE ORGANIZATION'S 2017 INFORMATION RETURN THE TAX PREPARER INFORMED THE ORGANIZATION THAT ITS 2018 TAX YEAR ENDED ON SEPTEMBER 30, 2018 AND THAT ITS 2018 FORM 990 WAS LATE. THE ORGANIZATION IMMEDIATELY REQUESTED THAT THE TAX PREPARER PREPARE AND FILE ITS 2018 FORM 990.THE ORGANIZATION BELIEVES IT HAS REASONABLE CAUSE FOR FILING LATE DUE TO THE DIFFICULTIES INHERENT IN AND ITS UNFAMILIARITY WITH DISSOLVING AND WRAPPING UP THE AFFAIRS OF A NOT-FOR-PROFIT ORGANIZATION. UPON DISCOVERING ITS ERROR, THE ORGANIZATION IMMEDIATELY REQUESTED THAT THE TAX PREPARER PREPARE AND FILE THIS RETURN BEFORE BEING NOTIFIED BY THE IRS THAT IT WAS LATE, THEREBY DEMONSTRATING THAT IT ACTED RESPONSIBLY AND IN GOOD FAITH. THE ORGANIZATION BELIEVES THIS DEMONSTRATES THAT IT DID NOT WILLFULLY NEGLECT ITS FILING REQUIREMENT.THE ORGANIZATION RESPECTFULLY REQUESTS THAT THE IRS ABATE ANY ASESSED PENALTIES AND INTEREST RELATED TO ITS 2018 FORM 990, ESPECIALLY CONSIDERING THAT THE ORGANIZATION HAS BEEN DISSOLVED, HAS NO ASSETS, AND WILL HAVE NO FURTHER FILING REQUIREMENTS.FINALLY, IF THE SERVICE IS NOT CONVINCED BY THE ABOVE ARGUMENTS, THE ORGANIZATION RESPECTFULLY REQUESTS CONSIDERATION OF THE FIRST TIME ABATEMENT (FTA) WAIVER.THANK YOU FOR CONSIDERING THIS REQUEST.