2019-03-21T17:29:27-05:00 2018-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2017-07-01 272163445 STEM PREPARATORY ACADEMY STEM 6159212200 1162 FOSTER AVENUE NASHVILLE TN 37211 DR KRISTIN MCGRANER EXECUTIVE DIRECTOR 6159212204 2019-03-18 1 STEVEN D WARREN P00921930 6153205500 71.16.89.174 2019-03-18 11:25:33 CD P C9ED19D146748CAC02A1A8999E376782BC08CAB7 4C93932431B96820EA0180683652B78FC8166AA6 2017 2019-02-21 02:37:17Z DR KRISTIN MCGRANER 1162 FOSTER AVENUE NASHVILLE TN 37211 10313635 0 X WWW.STEMPREPACADEMY.ORG X 2010 TN TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH TWELFTH GRADE STUDENTS IN SOUTH NASHVILLE. 7 7 137 10 0 0 8617335 10214556 95531 99079 0 0 0 0 8712866 10313635 0 0 0 0 4905450 5675881 0 0 0 3456095 3940328 8361545 9616209 351321 697426 7854269 8950458 6151887 6550650 1702382 2399808 X TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH TWELFTH GRADE STUDENTS IN SOUTH NASHVILLE. 0 0 7073685 99079 IN 2018, STEM CELEBRATED ITS SEVENTH ANNIVERSARY OF SERVING THE FAMILIES OF THE SOUTH NASHVILLE COMMUNITY. THOUGH MUCH HAS CHANGED SINCE THE INAUGURAL YEAR, OUR COMMITMENT TO OUR STUDENTS AND THEIR FAMILIES CONTINUES TO PERSIST. STEM SERVES A UNIQUE, HIGHLY DIVERSE POPULATION AND HAS ESTABLISHED A TRACK RECORD OF OUTSTANDING ACADEMIC RESULTS, ACHIEVED WITH UNMATCHED FISCAL EFFICIENCY. STEM CONTINUES TO OUTPERFORM PEER SCHOOLS THROUGHOUT THE STATE ACROSS ALL SUBJECT AREAS.SINCE ITS INCEPTION, STEM HAS ACCOUNTED FOR 100% OF THE "EXCELLING" SEATS IN THE CLUSTER, AS DETERMINED BY THE SCHOOL DISTRICT'S ACADEMIC PERFORMANCE FRAMEWORK. MOREOVER, ENGLISH LEARNERS ACHIEVE LANGUAGE PROFICIENCY ON AVERAGE IN ONE TO TWO YEARS AT STEM, COMPARED TO FIVE TO SEVEN YEARS IN DISTRICT EL PROGRAMS.FOR MORE INFORMATION REGARDING STEM PREP'S 2018 ACADEMIC ACCOMPLISHMENTS, PLEASE CONTACT THE SCHOOL'S EXECUTIVE DIRECTOR, DR. KRISTIN MCGRANER, AT THE ADDRESS OR TELEPHONE NUMBER STATED ON PAGE 1 OF THE FORM 990. 7073685 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 11 0 1 137 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 TN X X CFO BUSINESS STRATEGIES 6155911381 501 CORPORATE CENTRE DRIVE STE 350 FRANKLIN TN 37067 DR MARILYN ODOM BOARD DIRECTOR 2.00 X 0 0 0 MOHAMMED SHUKRI BOARD DIRECTOR 2.00 X 0 0 0 MARTY SZEIGIS BOARD CHAIR 2.00 X X 0 0 0 DR JULIE HUDSON SECRETARY 2.00 X X 0 0 0 MAREES CHOPPIN TREASURER 2.00 X X 0 0 0 MARA RIVERA BOARD DIRECTOR 2.00 X 0 0 0 ANNE DAVIS BOARD DIRECTOR 2.00 X 0 0 0 DR KRISTIN MCGRANER EXECUTIVE DIRECTOR 40.00 X 151108 0 0 151108 0 0 1 0 1 0 METRO NASHVILLE PUBLIC SCHOOLS 2601 BRANSFORD AVE NASHVILLE TN 37204 BENEFITS 1407397 INNOVATIVE MODULAR SOLUTIONS INC 155 KIRKLAND CIRCLE SUITE 500 OSWEGO IL 60543 TEMPORARY BUILDING 371756 GRAY LINE OF TN 1307 LEBANON PIKE NASHVILLE TN 37210 CONTRACTED SERVICES 282131 DWC CONSTRUCTION COMPANY INC 800 6TH AVE S 100 NASHVILLE TN 37203 CONSTRUCTION 226679 COMPUTER PROS 3900 HILLSBORO PIKE SUITE 30 NASHVILLE TN 37215 TECHNOLOGY 181736 8 9521307 693249 10214556 PROGRAM SERVICE FEES 611110 96261 96261 MISCELLANEOUS 611110 2818 2818 99079 10313635 99079 0 0 151108 123909 27199 4348789 3548944 799845 290607 237196 53411 549016 448111 100905 336361 274541 61820 68154 68154 651831 651831 168023 168023 707330 565864 141466 898875 898875 208550 208550 834111 667289 166822 INSTRUCTIONAL MATERIALS 158040 158040 OTHER EXPENSES 93632 92367 1265 STAFF DEVELOPMENT 76096 58549 17547 ORGANIZATIONAL DEVELOPM 75686 75686 9616209 7073685 2542524 0 355778 1645355 479965 143077 78109 243708 8446793 2112330 6351241 6334463 589176 583855 7854269 8950458 202012 612538 120342 161253 4101552 4627923 1727981 1148936 6151887 6550650 X 1702382 2399808 1702382 2399808 7854269 8950458 697426 0 X 0 1 X 1 1 1 X FORM 990, PART IV, LINE 1 STEM PREPARATORY ACADEMY RECEIVED A PUBLIC CHARITY STATUS UNDER SECTION 170(B)(1)(A)(IV) ESTABLISHING THEM AS A PUBLIC CHARITY. HOWEVER, STEM IS A SCHOOL WHOSE PRIMARY FUNCTION IS THE PRESENTATION OF FORMAL INSTRUCTION, WHICH REGULARLY HAS A FACULTY, A CURRICULUM, AN ENROLLED BODY OF STUDENTS, AND A PLACE WHERE EDUCATIONAL ACTIVITIES ARE REGULARLY CONDUCTED. THUS, OUR PRIMARY PURPOSE IS THAT OF A SCHOOL WHICH IS CLASSIFIED UNDER SECTION 170(B)(1)(A)(II). THIS DIFFERENTIATION HAS BEEN STATED, AS ALLOWED, IN ORDER TO FULFILL THE REPORTING REQUIREMENTS OF OUR CONTRIBUTIONS ON SCHEDULE B OF THE FORM 990. 6796673 1316910 5479763 607021 339228 267793 1043099 456192 586907 6334463 DEFERRED OUTFLOWS OF RESOURCES - PENSION 583855 583855 DEFERRED INFLOWS OF RESOURCES - PENSION 555468 DEFERRED INFLOWS OF RESOURCES - TENANT IMPROVEMENT ALLOWANCE 511000 NET PENSION LIABILITY 82468 1148936 X 10313635 0 10313635 0 10313635 9616209 0 9616209 0 9616209 PART X, LINE 2: STEM PREPARATORY ACADEMY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE, CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION AND IS SIMILARLY EXEMPT FROM STATE INCOME TAXES. STEM ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR STEM INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, STEM HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL POLICIES ARE INCLUDED IN ALL ENROLLMENT AND REGISTRATION DOCUMENTS AND MATERIALS SCHEDULE E, PART I, LINE 4 STEM IS A FREE PUBLIC SCHOOL, THEREFORE QUESTION 4B IS NOT APPLICABLE. SCHEDULE E, PART I, LINE 6 STEM PREPARATORY ACADEMY IS A PUBLIC CHARTER SCHOOL. AS SUCH, STEM RECEIVES LOCAL, STATE, AND FEDERAL FINANCIAL ASSISTANCE IN THE SAME MANNER AS A TRADITIONAL PUBLIC SCHOOL. 0 0 0 0 0 0 0 0 0 DR KRISTIN MCGRANER EXECUTIVE DIRECTOR 151108 0 0 0 0 0 0 0 0 0 151108 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B STEM'S FINANCE COMMITTEE AND BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 FOR COMMENT AND REVIEW. UPON APPROVAL, THE FORM 990 IS RELEASED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY FORMS ARE SUBMITTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. FORMS ARE COMPLETED AND SIGNED EACH YEAR BY EACH BOARD MEMBER. THE BOARD CONVENES EVERY MONTH, AT WHICH TIME ANY CONFLICTS OF INTEREST ARE ADDRESSED. ANY BOARD MEMBER WHO IS SUBJECT TO A CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON THE MATTER FROM WHICH THE CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT BOARD MEMBERS DETERMINE MANAGEMENT, OFFICER, AND KEY EMPLOYEES COMPENSATION. COMPENSATION IS BASED ON INDUSTRY STANDARD AND NEGOTIATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS MADE AVAILABLE FOR PUBLIC INSPECTION AT HTTPS://GIVINGMATTERS.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION DOCUMENTS CAN BE OBTAINED BY CONTACTING THE DIRECTOR OF OPERATIONS AT STEM PREPARATORY ACADEMY.