THURGOOD MARSHALL ACADEMY: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THURGOOD MARSHALL ACADEMY (EIN 52-2265744)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-14
- IRS object ID
- 201720459349303112
- Schema version
- 2015v3.0
- 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 | 2017-02-14T15:43:42-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9737 WASHINGTONIAN BLVD 400 | AddressLine1Txt |
| City | GAITHERSBURG | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 208787340 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522265744 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THURGOOD MARSHALL ACADEMY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THUR | BusinessNameControlTxt |
| Phone | 2025636862 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2427 MARTIN LUTHER KING JR AVE SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD POHLMAN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2025636862 | PhoneNum |
| Signature | 2017-02-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM E TURCO CPA | PreparerPersonNm |
| PTIN | P00369217 | PTIN |
| Phone | 3012963600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THURGOOD MARSHALL ACADEMY PUBLIC CHARTER HIGH SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD POHLMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2427 MARTIN LUTHER KING JR AVE SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,336,488 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THURGOODMARSHALLACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | THURGOOD MARSHALL ACADEMY PREPARES HIGH SCHOOL STUDENTS FOR SUCCESS IN COLLEGE AND CIVIC LIFE THROUGH A PROGRAM FEATURING A DATA-DRIVEN CURRICULUM AND WRAP-AROUND YOUTH DEVELOPMENT SERVICE. IT TEACHES ROUGHLY 400 STUDENTS PER YEAR, MOST OF WHOM LIVE IN UNDER-RESOURCED NEIGHBORHOODS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 114 | TotalEmployeeCnt |
| Total Volunteers | 300 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,120,729 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,266,815 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,434,504 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,964,926 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $111,981 | PYOtherRevenueAmt |
| CY Other Revenue | $16,998 | CYOtherRevenueAmt |
| PY Total Revenue | $8,667,217 | PYTotalRevenueAmt |
| CY Total Revenue | $8,248,739 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $9,260 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,191 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,360,110 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,618,803 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $403,010 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,507,910 | PYOtherExpensesAmt |
| CY Other Expenses | $2,520,788 | CYOtherExpensesAmt |
| PY Total Expenses | $7,877,280 | PYTotalExpensesAmt |
| CY Total Expenses | $8,143,782 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $789,937 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $104,957 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,828,949 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,874,320 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,635,630 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,576,044 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,193,319 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,298,276 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF THURGOOD MARSHALL ACADEMY IS TO PREPARE STUDENTS TO SUCCEED IN COLLEGE AND TO ACTIVELY ENGAGE IN OUR DEMOCRATIC SOCIETY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,421,342 | ExpenseAmt |
| Grant | $4,191 | GrantAmt |
| Revenue | $6,964,926 | RevenueAmt |
| Desc | THURGOOD MARSHALL ACADEMY HAS A SINGLE PROGRAM--EDUCATION VIA DATA-DRIVEN INSTRUCTION AND YOUTH-DEVELOPMENT ACTIVITIES. IN THE FISCAL YEAR ENDING 6/30/2016, THE SCHOOL SERVED 387 STUDENTS DURING THE ROUGHLY 180-DAY SCHOOL YEAR AND ROUGHLY 250 STUDENTS DURING A 5-WEEK SUMMER SCHOOL. THE SCHOOL'S STUDENTS' SCORES ON STATE STANDARDIZED TESTS AND THE SAT ARE CONSISTENTLY AMONG THE HIGHEST FOR OPEN ENROLLMENT HIGH SCHOOLS IN DC. ALL (100%) GRADUATING SENIORS WERE ACCEPTED TO COLLEGE. | Desc |
| Total Program Service Expenses | $7,421,342 | 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 | Yes (1) | 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 | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | 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 | 41 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 114 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | 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 | Yes (1) | 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 | RICHARD POHLMAN EXECUTIVE DIRECTOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2025636862 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2427 MARTIN LUTHER KING JR AVE SE | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20020 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| KANNON SHANMUGAM | |||||||
| CHAIR OF THE BOARD OF TRUSTEES | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JEROME EPSTEIN | |||||||
| VICE CHAIR OF THE BOARD OF TRUSTEES | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOCELYN HENDERSON | |||||||
| TREASURER & TRUSTEE | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JONATHAN STOEL | |||||||
| SECRETARY & TRSUTEE | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SONYA BARBEE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE W BROWN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN GORDON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SHONDA GOWARD | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK HARRISON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WENDY PASLEY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD L ROE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD POHLMAN | |||||||
| EXEC. DIR. FROM 08/17/15 | 40.00 | Yes (X) | $56,691 | $0 | $5,589 | ||
| ALEXANDRA PARDO | |||||||
| E.D./ADVISOR UNTIL 09/25/15 | 40.00 | Yes (X) | $132,583 | $0 | $12,452 | ||
| DAVID SCHLOSSMAN | |||||||
| COO | 40.00 | Yes (X) | $121,336 | $0 | $19,046 | ||
| KENA ALLISON | |||||||
| INTERIM HEAD OF SCHOOL | 40.00 | $103,805 | $0 | $8,034 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $414,415 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $45,121 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | 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 |
|---|---|---|---|---|---|
| BUILDING HOPE | |||||
| 910 17TH ST NW NO 1100 | WASHINGTON | DC | 20006 | ACCOUNTING & HR | $220,825 |
| PMM COMPANIES | |||||
| 15938 DERWOOD ROAD | ROCKVILLE | MD | 20855 | BUILDING ENGINEERING/SECURITY | $171,814 |
| JHJ AND ASSOCIATES LLC | |||||
| 1235 KENILWORTH AVE NE SUITE 10 | WASHINGTON | DC | 20019 | JANITORIAL SERVICES | $135,354 |
| REVOLUTION FOODS INC | |||||
| PO BOX 742759 | LOS ANGELES | CA | 900742759 | FOOD SERVICES | $122,428 |
| MCGEE TECHNOLOGY GROUP LLC | |||||
| 1003 F STREET NE SUITE B | WASHINGTON | DC | 20002 | IT CONSULTING | $105,810 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $221,499 | FundraisingAmt |
| Government Grants | $749,378 | GovernmentGrantsAmt |
| All Other Contributions | $295,938 | AllOtherContributionsAmt |
| Noncash Contributions | $14,645 | NoncashContributionsAmt |
| Total Contributions | $1,266,815 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION ALLOCATION | 900099 | $6,895,771 | $6,895,771 |
| SCHOOL LUNCH PROGRAM | 900099 | $69,155 | $69,155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,964,926 | TotalProgramServiceRevenueAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,403 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,403 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,403 | TotalRevenueColumnAmt |
| Exclusion | $3,403 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $3,750 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $221,499 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $87,749 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$83,999 | TotalRevenueColumnAmt |
| Exclusion | -$83,999 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $97,594 | TotalRevenueColumnAmt |
| Exclusion | $97,594 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $97,594 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,248,739 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,964,926 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $16,998 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,191 | TotalAmt |
| Program Services | $4,191 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $318,565 | TotalAmt |
| Program Services | $207,074 | ProgramServicesAmt |
| Management And General | $69,116 | ManagementAndGeneralAmt |
| Fundraising | $42,375 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,347,459 | TotalAmt |
| Program Services | $4,145,064 | ProgramServicesAmt |
| Fundraising | $202,395 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,815 | TotalAmt |
| Program Services | $96,766 | ProgramServicesAmt |
| Management And General | $1,495 | ManagementAndGeneralAmt |
| Fundraising | $5,554 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $514,980 | TotalAmt |
| Program Services | $480,012 | ProgramServicesAmt |
| Management And General | $7,416 | ManagementAndGeneralAmt |
| Fundraising | $27,552 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,984 | TotalAmt |
| Program Services | $311,307 | ProgramServicesAmt |
| Management And General | $4,809 | ManagementAndGeneralAmt |
| Fundraising | $17,868 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,875 | TotalAmt |
| Management And General | $1,875 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,803 | TotalAmt |
| Management And General | $203,803 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,797 | TotalAmt |
| Program Services | $64,155 | ProgramServicesAmt |
| Management And General | $5,102 | ManagementAndGeneralAmt |
| Fundraising | $3,540 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,048 | TotalAmt |
| Program Services | $146,397 | ProgramServicesAmt |
| Management And General | $2,259 | ManagementAndGeneralAmt |
| Fundraising | $8,392 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,135 | TotalAmt |
| Program Services | $118,506 | ProgramServicesAmt |
| Management And General | $1,829 | ManagementAndGeneralAmt |
| Fundraising | $6,800 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $754,797 | TotalAmt |
| Program Services | $703,565 | ProgramServicesAmt |
| Management And General | $10,861 | ManagementAndGeneralAmt |
| Fundraising | $40,371 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,376 | TotalAmt |
| Program Services | $75,376 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,655 | TotalAmt |
| Program Services | $108,736 | ProgramServicesAmt |
| Management And General | $1,679 | ManagementAndGeneralAmt |
| Fundraising | $6,240 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $534,850 | TotalAmt |
| Program Services | $495,378 | ProgramServicesAmt |
| Management And General | $8,558 | ManagementAndGeneralAmt |
| Fundraising | $30,914 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,617 | TotalAmt |
| Program Services | $40,656 | ProgramServicesAmt |
| Management And General | $628 | ManagementAndGeneralAmt |
| Fundraising | $2,333 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| DIRECT STUDENT COSTS | $295,314 | $295,314 | |
| FOOD SERVICE | $128,845 | $128,845 | |
| FUNDRAISING COSTS | $8,676 | $8,676 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,143,782 | TotalAmt |
| Program Services | $7,421,342 | ProgramServicesAmt |
| Management And General | $319,430 | ManagementAndGeneralAmt |
| Fundraising | $403,010 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,527,741 | BOYAmt |
| EOY | $3,915,291 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $295,770 | BOYAmt |
| EOY | $347,504 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,110 | BOYAmt |
| EOY | $74,760 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $17,193,443 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,657,178 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,895,828 | BOYAmt |
| EOY | $11,536,265 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,828,949 | BOYAmt |
| EOY | $15,874,320 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,304 | BOYAmt |
| EOY | $187,448 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,099,492 | BOYAmt |
| EOY | $1,009,170 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $348,834 | BOYAmt |
| EOY | $379,426 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,635,630 | BOYAmt |
| EOY | $1,576,044 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,103,217 | BOYAmt |
| EOY | $14,196,593 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,102 | BOYAmt |
| EOY | $101,683 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,193,319 | BOYAmt |
| EOY | $14,298,276 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,828,949 | BOYAmt |
| EOY | $15,874,320 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $104,957 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $182,000 | OtherCostOrOtherBasisAmt |
| Book Value | $182,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,044,192 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,072,061 | DepreciationAmt |
| Book Value | $10,972,131 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,967,251 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,585,117 | DepreciationAmt |
| Book Value | $382,134 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $11,536,265 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED SALARIES & BENEFITS | $293,623 |
| ACCRUED INTEREST | $4,746 |
| INTEREST RATE SWAP PAYABLE | $81,057 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $379,426 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,799,472 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $462,984 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $462,984 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,336,488 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$87,749 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$87,749 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,248,739 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,694,515 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $462,984 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $87,749 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $550,733 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,143,782 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,143,782 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | TMA IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. TMA IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. TMA DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2016. TMA RECORDED APPROXIMATELY $22,000 FOR UNRELATED BUSINESS INCOME TAXES FOR THE YEAR ENDED JUNE 30, 2015, WHICH IS REPORTED IN ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEET. EXEMPTION FROM DISTRICT OF COLUMBIA INCOME TAXES WAS GRANTED TO TMA EFFECTIVE OCTOBER 17, 2002. TMA IS ALSO EXEMPT FROM DISTRICT OF COLUMBIA'S SALES, REAL ESTATE AND PERSONAL PROPERTY TAXES. THE ACADEMY FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ACADEMY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ACADEMY'S TAX POSITIONS AND CONCLUDED THAT THE ACADEMY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE ACADEMY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2013. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE REPORTED ON LINE 8B -87,749. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE REPORTED ON LINE 8B 87,749. |
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 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE SCHOOL PUBLISHED ITS NON-DISCRIMINATION POLICY IN THE WASHINGTON POST. |
| SCHEDULE E, PART I, LINE 6 | THE ACADEMY IS A DISTRICT OF COLUMBIA PUBLIC CHARTER SCHOOL. AS SUCH, THE ACADEMY RECEIVES A FIXED TUITION PER-PUPIL PUBLIC FUNDING ALLOCATION FROM THE DISTRICT OF COLUMBIA CHARTER SCHOOL BOARD. IN ADDITION, THE SCHOOL RECEIVES FEDERAL ENTITLEMENT INCOME UNDER TITLES 1, 2, 4, AND 5. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $225,249 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $221,499 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $3,750 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $87,749 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $225,249 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $221,499 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $3,750 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $87,749 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $87,749 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$83,999 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART 1, LINE 6, ESTIMATE OF THE NUMBER OF VOLUNTEERS: | THURGOOD MARSHALL ACADEMY SUPPORTS STUDENTS' ACADEMIC AND PERSONAL DEVELOPMENT THROUGH PROGRAMS INCLUDING TUTORING AND SPECIALIZED EXTRACURRICULAR PROGRAMS. THESE PROGRAMS DRAW UPON VOLUNTEERS FROM DC'S PROFESSIONAL COMMUNITY; THE TOTAL NUMBER OF VOLUNTEERS IS ESTIMATED AT 300. FOR INSTANCE, ONE TUTORING PROGRAM ALONE SENDS ROUGHLY 70 STUDENTS/WEEK TO SEVERAL AREA LAW FIRMS (ESTIMATE SOLELY FOR THIS PROGRAM IS 5 FIRMS/YEAR X 20 VOLUNTEERS/FIRM). |
| FORM 990, PART VI, SECTION B, LINE 11 | THURGOOD MARSHALL ACADEMY USED THE FOLLOWING PROCESS TO REVIEW THE PREPARED FORM 990 BEFORE IT WAS FILED WITH THE IRS: (1) THE CHIEF OPERATING OFFICER (MANAGEMENT) ACTIVELY PARTICIPATED IN THE PREPARATION OF THE FORM 990, PROVIDING INFORMATION TO AND SEEKING FEEDBACK FROM THE SCHOOL'S ACCOUNTANTS AND TAX PREPARERS FOR SEVERAL WEEKS PRIOR TO FILING; THEN, ROUGHLY ONE WEEK PRIOR TO FILING, (2) MANAGEMENT (THE COO AND THE EXECUTIVE DIRECTOR) REVIEWED THE PREPARED FORM 990 PRIOR TO FILING; AND (3) THE BOARD OF TRUSTEES WAS PROVIDED THE PREPARED FORM 990 VIA ELECTRONIC MAIL PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THURGOOD MARSHALL ACADEMY MONITORS AND ENFORCES COMPLIANCE WITH CONFLICT OF INTEREST POLICIES AT BOTH THE BOARD AND STAFF LEVELS. MEMBERS OF THE BOARD COMPLY WITH CONFLICT OF INTEREST POLICIES BY ANNUALLY RESPONDING TO A SURVEY THAT INCLUDES THE POLICY, AN AFFIRMATION THAT MEMBERS WILL ABIDE BY IT, AND AN OPPORTUNITY TO REPORT ANY POSSIBLE CONFLICTS. A MEMBER OF THE BOARD WHO IS AN ATTORNEY REVIEWS THE POLICIES AND DEVELOPS A RESOLUTION TO ANY POTENTIAL CONFLICTS. THE POLICY STATES THAT BOARD MEMBERS ARE TO REPORT POTENTIAL CONFLICTS ON AN ONGOING BASIS. EMPLOYEES OF THE SCHOOL RECEIVED (AND SIGN ACKNOWLEDGEMENT OF) A PERSONNEL POLICY MANUAL THAT INCLUDES AN EXPLICIT PROHIBITION OF CONFLICTS OF INTEREST AND A REQUIREMENT THAT ANY POTENTIAL CONFLICT BE REPORTED TO THE EMPLOYEE'S SUPERVISOR. SUPERVISORS RESOLVE POSSIBLE CONFLICTS OF INTEREST OR REPORT THE ISSUE TO THEIR SUPERVISORS. THE CHIEF OPERATING OFFICER AND EXECUTIVE DIRECTOR FURTHER MONITOR AND ENFORCE CONFLICT OF INTEREST POLICIES BY ACTIVELY SUPERVISING THE SCHOOL'S CONTRACTS AND FINANCIAL TRANSACTIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THURGOOD MARSHALL ACADEMY'S DETERMINATION OF COMPENSATION FOR THE EXECUTIVE DIRECTOR AS WELL AS FOR OTHER EMPLOYEES INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE COMPENSATION OF THE EXECUTIVE DIRECTOR (WHO IS AN EMPLOYEE AND NOT A MEMBER OF THE BOARD) WAS DETERMINED BY THE BOARD OF TRUSTEES, ALL OF WHOM ARE INDEPENDENT OF AND HAVE NO FAMILY OR BUSINESS RELATION WITH THE EXECUTIVE DIRECTOR. IN REVIEWING AND APPROVING THE EXECUTIVE DIRECTOR COMPENSATION, THE BOARD REVIEWED COMPARABILITY DATA REGARDING PAY OF SIMILAR EXECUTIVES AT COMPARABLE INSTITUTIONS AND OF GENERAL TRENDS IN THE LOCAL EMPLOYMENT MARKET. THEY DOCUMENTED THE DELIBERATION AND DECISION BY RETAINING CORRESPONDENCE AND RESEARCH AND THROUGH FORMS AUTHORIZING EXECUTIVE PAY. THE COMPENSATION OF OTHER STAFF WAS CONDUCTED BY THE EXECUTIVE DIRECTOR, WHO IS INDEPENDENT OF AND HAS NO FAMILY OR BUSINESS RELATIONSHIPS WITH ANY EMPLOYEES. THE EXECUTIVE DIRECTOR CONSIDERED COMPARABILITY DATA REGARDING PAY SCALES FOR SIMILAR WORKERS AND THE GENERAL LOCAL EMPLOYMENT MARKET, AND DOCUMENTED DELIBERATION AND DECISIONS IN THE WORK-PAPERS OF THE ANNUAL BUDGET APPROVED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THURGOOD MARSHALL ACADEMY PROVIDES GOVERNING AND FINANCIAL DOCUMENTS TO ITS AUTHORIZING BODY, THE DC PUBLIC CHARTER SCHOOL BOARD, WHICH PROVIDES PUBLIC ACCESS TO THE DOCUMENTS AS GOVERNED BY DISTRICT OF COLUMBIA AND FEDERAL LAW. |
| FORM 990, PAGE 6, PART VI, SECTION A, LINE 1A: | THE EXECUTIVE COMMITTEE OF THE THURGOOD MARSHALL ACADEMY BOARD OF TRUSTEES IS COMPOSED OF THE BOARD CHAIR (WHO PRESIDES), THE VICE-CHAIR, THE SECRETARY, AND THE TREASURER. THE EXECUTIVE COMMITTEE HAS THE OPTION TO ADD AN AT-LARGE MEMBER OF THE BOARD TO THE COMMITTEE. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE ALSO MEMBERS OF THE BOARD OF TRUSTEES (THE GOVERNING BODY). THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR WORKING IN SUPPORT OF THE FULL BOARD. THE WORK OF THE COMMITTEE-TO THE EXTENT PERMITTED BY DISTRICT OF COLUMBIA LAW-REVOLVES AROUND FIVE MAJOR AREAS: (1) PERFORMING POLICY WORK AS DIRECTED BY THE BOARD, OR WHEN THEY AFFECT THE WORK OF THE EXECUTIVE COMMITTEE; (2) ACTING AS LIAISON TO THE CHIEF EXECUTIVE; (3) HELPING DEVELOP A STRATEGIC PLAN; (4) CONDUCTING EXECUTIVE SEARCHES; AND (5) ADDRESSING URGENT ISSUES TO RESOLVE AN EMERGENCY OR ORGANIZATIONAL CRISIS. |
| FORM 990, PART X, LINES 15 AND 23 | DUE TO THE ADOPTION OF ACCOUNTING STANDARDS UPDATE (ASU) NO. 2015-03, "SIMPLIFYING THE PRESENTATION OF DEBT ISSUANCE COSTS," UNAMORTIZED LOAN COSTS WERE CALCULATED IN THE 2015 BALANCE SHEET FIGURES (AND HAVE BEEN RECLASSIFIED @ $150,734 IN THE 2014 BALANCE SHEET FIGURES TO CONFORM TO THE CURRENT YEAR PRESENTATION) AS A REDUCTION OF LOAN PAYABLE, LONG TERM PORTION. |