ACHIEVEMENT PREPARATORY ACADEMY PUBLIC CHARTER SCHOOL: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- ACHIEVEMENT PREPARATORY ACADEMY PUBLIC CHARTER SCHOOL (EIN 20-8156566)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-10-23
- IRS object ID
- 201712969349300746
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-10-23T11:36:05-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521853933 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONES MARESCA & MCQUADE PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 RHODE ISLAND AVE NW SUITE 800 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208156566 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACHIEVEMENT PREPARATORY ACADEMY | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACHI | BusinessNameControlTxt |
| Phone | 2025621214 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 908 WAHLER PLACE SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20032 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHANTELLE WRIGHT | PersonNm |
| Person Title | HEAD OF SCHOOL AND CEO | PersonTitleTxt |
| Phone | 2025621214 | PhoneNum |
| Signature | 2017-10-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID JONES | PreparerPersonNm |
| PTIN | P01361002 | PTIN |
| Phone | 2022963306 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.88.174.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-10-23 | IPDt |
| IP Tm | 10:52:43 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 6B3294020F42B9E559A00BBAECB87153F921F36C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D290BDE8761DF011E70E2880CE141E1E230E14A5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHANTELLE WRIGHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 908 WAHLER PLACE SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $17,395,316 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ACHIEVEMENTPREP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE STUDENTS TO EXCEL AS HIGH-ACHIEVING SCHOLARS AND LEADERS IN HIGH SCHOOL, COLLEGE AND BEYOND. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 197 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,232,939 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,467,195 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,777,111 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $15,892,490 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$51,539 | PYInvestmentIncomeAmt |
| CY Investment Income | $16,972 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$736 | PYOtherRevenueAmt |
| CY Other Revenue | $18,659 | CYOtherRevenueAmt |
| PY Total Revenue | $11,957,775 | PYTotalRevenueAmt |
| CY Total Revenue | $17,395,316 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,095,962 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,711,268 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $13,727 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,981,418 | PYOtherExpensesAmt |
| CY Other Expenses | $8,453,117 | CYOtherExpensesAmt |
| PY Total Expenses | $11,077,380 | PYTotalExpensesAmt |
| CY Total Expenses | $16,164,385 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $880,395 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,230,931 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $45,920,533 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,112,730 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $41,216,834 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,373,419 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,703,699 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,739,311 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PREPARE STUDENTS TO EXCEL AS HIGH-ACHIEVING SCHOLARS AND LEADERS IN HIGH SCHOOL, COLLEGE AND BEYOND. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,850,489 | ExpenseAmt |
| Revenue | $15,892,490 | RevenueAmt |
| Desc | PUBLIC EDUCATION - ACHIEVEMENT PREP OFFERS A COLLEGE-PREPARATORY, TUITION-FREE SCHOOL OPTION TO STUDENTS IN WASHINGTON, DC, WITH A FOCUS ON COMMUNITIES EAST OF THE ANACOSTIA RIVER. OUR PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A RIGOROUS COLLEGE-PREP PROGRAM FOCUSED ON LITERACY INTERVENTION, REMEDIATION, AND ACCELERATION. | Desc |
| Total Program Service Expenses | $13,850,489 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 26 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 197 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2025621214 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 908 WAHLER PLACE SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20032 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JASON ANDREAN | ||||||
| CHAIR | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BARBARA NOPHLIN | ||||||
| VICE CHAIR | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TAIMARIE ADAMS | ||||||
| SECRETARY | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GEORGE WILLIAM TUCKER | ||||||
| TREASURER, UNTIL 12/2016 | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MAIA BLANKENSHIP | ||||||
| TRUSTEE, UNTIL 4/2017 | 8.00 | Yes (X) | $0 | $0 | $0 | |
| NICOLE NELL | ||||||
| TRUSTEE, PARENT REPRESENTATIVE | 8.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN GREEN | ||||||
| TRUSTEE, UNTIL 1/2017 | 8.00 | Yes (X) | $0 | $0 | $0 | |
| RUFUS DAVIS | ||||||
| TRUSTEE, PARENT REPRESENTATIVE | 8.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN MAHAFFIE | ||||||
| TRUSTEE | 8.00 | Yes (X) | $0 | $0 | $0 | |
| HERB TILLERY | ||||||
| TRUSTEE, UNTIL 6/2017 | 8.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHANIE OLIVERAS | ||||||
| TRUSTEE | 8.00 | Yes (X) | $0 | $0 | $0 | |
| HARLYN PACHECO | ||||||
| TRUSTEE | 8.00 | Yes (X) | $0 | $0 | $0 | |
| TIMOTHY TILLMAN | ||||||
| TRUSTEE, UNTIL 12/2016 | 8.00 | Yes (X) | $0 | $0 | $0 | |
| URSULA WRIGHT | ||||||
| TRUSTEE, AS OF 4/2017 | 8.00 | Yes (X) | $0 | $0 | $0 | |
| SHANTELLE WRIGHT | ||||||
| CEO | 40.00 | Yes (X) | $189,873 | $0 | $9,289 | |
| SUSAN CANNON | ||||||
| CHIEF ACADEMIC OFFICER | 40.00 | Yes (X) | $113,063 | $0 | $7,261 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $302,936 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $16,550 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| APPLETREE INSTITUTE | |||||
| 415 MICHIGAN AVE NE | WASHINGTON | DC | 20017 | PREK AND PRESCHOOL MANAGEMENT | $2,088,715 |
| REVOLUTION FOODS | |||||
| PO BOX 742750 | LOS ANGELES | CA | 90074 | FOOD SERVICE | $450,908 |
| ELLIS THERAPEUTIC CONSULTANTS | |||||
| 641 S STREET NW | WASHINGTON | DC | 20001 | SPECIAL EDUCATION SERVICES | $302,274 |
| CENTER FOR TRANSFORMATIVE TEACHING TRAIN | |||||
| 1559 B SLOAT BLVD SUITE 326 | SAN FRANCISCO | CA | 94132 | PROFESSIONAL DEVELOPMENT | $200,870 |
| M&G SERVICES | |||||
| 8 HOGARTH CIRCLE APT C | COCKEYSVILLE | MD | 21030 | JANITORIAL SERVICES | $127,961 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,332,030 | GovernmentGrantsAmt |
| All Other Contributions | $135,165 | AllOtherContributionsAmt |
| Total Contributions | $1,467,195 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PER PUPIL APPROPRIATIONS | 900099 | $12,886,404 | $12,886,404 |
| PER PUPIL FACILITY ALLOWANCE | 900099 | $2,911,568 | $2,911,568 |
| FACILITY FEE FROM APPLETREE | 900099 | $56,232 | $56,232 |
| ACTIVITY FEES | 611710 | $37,931 | $37,931 |
| MISCELLANEOUS | 900099 | $355 | $355 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,892,490 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,972 | TotalRevenueColumnAmt |
| Exclusion | $16,972 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SALE INCOME FROM FUNDRAISERS | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $18,659 | TotalRevenueColumnAmt |
| Exclusion | $18,659 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $18,659 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,395,316 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,892,490 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $35,631 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $352,580 | TotalAmt |
| Program Services | $282,062 | ProgramServicesAmt |
| Management And General | $70,518 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,516,676 | TotalAmt |
| Program Services | $5,609,261 | ProgramServicesAmt |
| Management And General | $907,415 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,521 | TotalAmt |
| Program Services | $27,617 | ProgramServicesAmt |
| Management And General | $6,904 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,967 | TotalAmt |
| Program Services | $197,575 | ProgramServicesAmt |
| Management And General | $49,392 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560,524 | TotalAmt |
| Program Services | $479,454 | ProgramServicesAmt |
| Management And General | $81,070 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,104,603 | TotalAmt |
| Program Services | $2,104,603 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,457 | TotalAmt |
| Program Services | $81,346 | ProgramServicesAmt |
| Management And General | $8,111 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,345 | TotalAmt |
| Management And General | $123,345 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,690 | TotalAmt |
| Program Services | $105,260 | ProgramServicesAmt |
| Management And General | $106,430 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,710 | TotalAmt |
| Program Services | $168,569 | ProgramServicesAmt |
| Management And General | $42,141 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,468 | TotalAmt |
| Program Services | $68,375 | ProgramServicesAmt |
| Management And General | $17,093 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,185 | TotalAmt |
| Program Services | $372,949 | ProgramServicesAmt |
| Management And General | $93,236 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,652,586 | TotalAmt |
| Program Services | $1,322,069 | ProgramServicesAmt |
| Management And General | $330,517 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,196,305 | TotalAmt |
| Program Services | $959,444 | ProgramServicesAmt |
| Management And General | $236,861 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,072 | TotalAmt |
| Program Services | $62,457 | ProgramServicesAmt |
| Management And General | $15,615 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DIRECT STUDENT COSTS | $1,564,437 | $1,564,437 | |
| PROFESSIONAL DEVELOPMEN | $462,109 | $444,374 | $17,735 |
| ADMINISTRATION FEE | $171,822 | $171,822 | |
| DUES FEES AND FINES | $21,805 | $21,805 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,523 | TotalAmt |
| Program Services | $637 | ProgramServicesAmt |
| Management And General | $159 | ManagementAndGeneralAmt |
| Fundraising | $13,727 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,164,385 | TotalAmt |
| Program Services | $13,850,489 | ProgramServicesAmt |
| Management And General | $2,300,169 | ManagementAndGeneralAmt |
| Fundraising | $13,727 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,654,416 | BOYAmt |
| EOY | $8,029,680 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $460,638 | BOYAmt |
| EOY | $820,078 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,758 | BOYAmt |
| EOY | $221,185 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,920 | BOYAmt |
| EOY | $21,638 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,006 | BOYAmt |
| EOY | $15,630 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $34,060,245 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,061,626 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,569,915 | BOYAmt |
| EOY | $31,998,619 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $963,880 | BOYAmt |
| EOY | $5,900 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,920,533 | BOYAmt |
| EOY | $41,112,730 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,782,392 | BOYAmt |
| EOY | $719,632 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $23,331 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,434,442 | BOYAmt |
| EOY | $34,630,456 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,216,834 | BOYAmt |
| EOY | $35,373,419 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,580,699 | BOYAmt |
| EOY | $5,616,311 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,000 | BOYAmt |
| EOY | $123,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,703,699 | BOYAmt |
| EOY | $5,739,311 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,920,533 | BOYAmt |
| EOY | $41,112,730 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,230,931 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$195,319 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,371,362 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,266,372 | DepreciationAmt |
| Book Value | $31,104,990 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,671,526 | OtherCostOrOtherBasisAmt |
| Depreciation | $795,254 | DepreciationAmt |
| Book Value | $876,272 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,357 | OtherCostOrOtherBasisAmt |
| Book Value | $17,357 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,998,619 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $17,395,316 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $17,395,316 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $17,395,316 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,164,385 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,164,385 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,164,385 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL HAS ADOPTED THE ACCOUNTING OF UNCERTAINTY IN INCOME TAXES AS REQUIRED BY THE INCOME TAXES TOPIC OF THE FASB ASC. THE TOPIC REQUIRES THE SCHOOL TO DETERMINE WHETHER A TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS MORE THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WHICH COULD RESULT IN THE SCHOOL RECORDING A TAX LIABILITY THAT WOULD REDUCE ITS NET ASSETS. THE SCHOOL HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR OPEN TAX YEARS (2013-2015), OR EXPECTED TO BE TAKEN IN ITS 2016 TAX RETURN. THE SCHOOL IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THAT THERE IS A REASONABLE POSSIBILITY THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | 0 | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | ACHIEVEMENT PREPARATORY ACADEMY INCLUDES A NONDISCRIMINATION STATEMENT IN ALL COMMUNICATIONS AND SOLICITATIONS INDICATING THAT THE SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, CREED, NATIONAL ORIGIN, ETHNICITY, RELIGION, GENDER, SEXUAL ORIENTATION, MENTAL OR PHYSICAL DISABILITY, SPECIAL NEEDS ENGLISH LANGUAGE PROFICIENCY, ATHLETIC ABILITY, OR ACADEMIC ACHIEVEMENT. |
| SCHEDULE E, PART I, LINE 6 | SCHOOL RECEIPTS FROM GOVERNMENTAL AGENCIES -DISTRICT OF COLUMBIA LOCAL APPROPRIATIONS $15,797,972 -FEDERAL FORMULA GRANTS - ENTITLEMENTS $ 1,243,802 -OTHER GOVERNMENT GRANTS $ 57,040 |
| SCHEDULE E, PART I, LINE 7 | AS A PUBLIC CHARTER SCHOOL, ACHIEVEMENT PREPARATORY ACADEMY, INC. IS EXEMPT FROM THE REQUIREMENTS OF REV. PROC. 75-50. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHANTELLE WRIGHT | PersonNm |
| Title | CEO | TitleTxt |
| Base Compensation Filing Org | $189,873 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $5,755 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $3,534 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $199,162 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD MAY DESIGNATE ONE OR MORE TRUSTEES AS ALTERNATE MEMBERS OF ANY COMMITTEE, WHO MAY REPLACE ANY ABSENT OR DISQUALIFIED MEMBER AT ANY MEETING OF THE COMMITTEE. THE CHAIR SHALL APPOINT THE CHAIRPERSON OF EACH COMMITTEE, EXCEPT OF THE GOVERNANCE COMMITTEE WHICH SHALL SELECT ITS OWN CHAIRPERSON. SUCH COMMITTEES SHALL HAVE ALL THE POWERS DELEGATED BY THE BOARD EXCEPT THAT NO COMMITTEE SHALL HAVE THE POWER TO (A)AUTHORIZE DISTRIBUTIONS, (B)APPROVE OR RECOMMEND TO THE BOARD THE DISSOLUTION, MERGER, OR THE SALE, PLEDGE OR TRANFER OF ALL OR SUBSTANTIALLY ALL OF ACHIEVEMENT PREPARATORY ACADEMY'S ASSETS, (C)ELECT, APPOINT, OR REMOVE TRUSTEES OR FILL VACANCIES ON THE BOARD OR ON ANY OF ITS COMMITTEES; OR (D)ADOPT, AMEND OR REPEAL ACHIEVEMENT PREPARATORY ACADEMY'S ARTICLES OF INCORPORATION OR BYLAWS. EACH COMMITTEE AND EACH MEMBER OF EACH COMMITTEE SHALL SERVE AT THE PLEASURE OF THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION ONLY KEEPS MINUTES ON ITS FULL BOARD MEETINGS, NOT COMMITTEE LEVEL MEETINGS. THE COMMITTEES REPORT TO THE FULL BOARD, WHERE DECISIONS ARE THEN MADE. |
| FORM 990, PART VI, SECTION B, LINE 11B | AFTER THE FISCAL YEAR AUDIT AND THE DRAFT FORM 990 ARE COMPLETE AND DELIVERED TO MANAGEMENT, THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE 990 WITH MANAGEMENT AND DISCUSSES ANY CHANGES AND RECOMMENDATIONS WITH MANAGEMENT AND THE AUDITORS BEFORE A FINAL FORM 990 IS FILED. A COPY OF THE FORM 990 IS ALSO PROVIDED AT THE BOARD MEETING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH TRUSTEE, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH CONFIRMS THAT SUCH PERSON: A)HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; B)HAS READ AND UNDERSTANDS THE POLICY; C)HAS AGREED TO COMPLY WITH THE POLICY; AND D)UNDERSTANDS THAT ACHIEVEMENT PREPARATORY ACADEMY IS A CHARITABLE ORGANIZATION AND THAT, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF FINANCIAL INTEREST AND ALL MATERIAL FACTS RELATING THERETO, AND AFTER ANY DISCUSSION THEREOF, THE TRUSTEE, OFFICER OR COMMITTEE MEMBER SHALL LEAVE THE BOARD OF TRUSTEES' MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OF TRUSTEES SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF TRUSTEES SHALL DETERMINE WHETHER ACHIEVEMENT PREPARATORY ACADEMY CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY WHOSE INVOLVEMENT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE, THE BOARD OF TRUSTEES SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN ACHIEVEMENT PREPARATORY ACADEMY'S BEST INTEREST AND FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO ACHIEVEMENT PREPARATORY ACADEMY AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. IF THE BOARD OF TRUSTEES HAS REASONABLE CAUSE TO BELIEVE THAT A TRUSTEE, OFFICER OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM SAID INDIVIDUAL OF THE BASIS FOR SUCH BELIEF AND AFFORD HIM OR HER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE TRUSTEE, OFFICER OR COMMITTEE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OF TRUSTEES DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | AT LEAST ANNUALLY, THE BOARD OF TRUSTEES CONTACTS OTHER PUBLIC CHARTER SCHOOLS LOCATED WITHIN THE DISTRICT OF COLUMBIA AND INQUIRES ABOUT THE SALARY OF THEIR EXECUTIVE DIRECTOR (OR EQUIVALENT), AS WELL AS THE AVERAGE COMPENSATION OF STAFF EDUCATORS. THE RESPONSES OBTAINED ARE USED TO DEVELOP A MARKET SURVEY WHICH THE BOARD OF TRUSTEES USES IN SETTING PERFORMANCE GOALS AND COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE BOARD OF TRUSTEES HAS DELEGATED COMPENSATION AND EVALUATION RESPONSIBILITIES TO THE EXECUTIVE DIRECTOR FOR ALL OTHER EMPLOYEES. THE MOST RECENT YEAR IN WHICH THE PROCESS FOR DETERMINING COMPENSATION FOR THE TOP OFFICIALS WAS JULY 2017. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | LOSS ON EXTINGUISHMENT OF DEBT -195,319. |
| FORM 990, PART XII, LINE 2C | THESE PROCESSES HAVE NOT CHANGED FROM THE PREVIOUS YEAR. |