2016-02-22T14:18:18-06:00 2015-06-30 621657946 CANNON WRIGHT BLOUNT PLLC 756 RIDGE LAKE BLVD SUITE 100 MEMPHIS TN 381209420 990 2014-07-01 274246992 AURORA COLLEGIATE ACADEMY INC AURO 9012494615 3804 GIVEN AVENUE MEMPHIS TN 38122 GRANT MONDA HEAD OF SCHOOL 9012494615 2016-02-22 1 STEPHANIE L LIVINGSTON CPA P00235829 9016857500 2014 2016-08-17 19:52:53Z GRANT MONDA 3804 GIVEN AVENUE MEMPHIS TN 38122 1427052 0 X HTTP://WWW.AURORACOLLEGIATE.ORG X 2010 TN BUILDING A FOUNDATION OF KNOWLEDGE, SKILLS, AND CHARACTER, AURORA COLLEGIATE ACADEMY, INC. EDUCATES STUDENTS IN KINDERGARTEN THROUGH FIFTH GRADE FOR SUCCESS IN COLLEGE PREPARATORY MIDDLE AND HIGH SCHOOLS AND SETS THEM ON THE ROAD TO COLLEGE BEGINNING IN KINDERGARTEN. 11 11 21 25 0 0 188908 159776 843633 1262517 366 516 1 4243 1032908 1427052 0 0 0 0 513523 688878 0 0 0 352068 513531 865591 1202409 167317 224643 363655 640166 57669 199217 305986 440949 BUILDING A FOUNDATION OF KNOWLEDGE, SKILLS, AND CHARACTER, AURORA COLLEGIATE ACADEMY, INC. EDUCATES STUDENTS IN KINDERGARTEN THROUGH FIFTH GRADE FOR SUCCESS IN COLLEGE PREPARATORY MIDDLE AND HIGH SCHOOLS AND SETS THEM ON THE ROAD TO COLLEGE BEGINNING IN KINDERGARTEN. 0 0 620102 1266760 AURORA COLLEGIATE ACADEMY, INC. BELIEVES EVERY STUDENT DESERVES ACCESS TO AN ACHIEVEMENT-ORIENTED LEARNING ENVIORNMENT, BEGINNING IN KINDERGARTEN. THE SCHOOL WILL PROVIDE THE STUDENTS WITH THE FOUNDATIONAL SKILLS NECESSARY FOR ENTRANCE INTO HIGH-PERFORMING SECONDARY SCHOOLS AND PUT THEM ON THE PATH TO COLLEGE STARTING IN KINDERGARTEN. 620102 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MEREDITH SMITH 9012494615 3804 GIVEN AVENUE MEMPHIS TN 38122 GRAY FISER CHAIRMAN 1.00 X X 0 0 0 JENNIE DILL CO-TREASURER 1.00 X X 0 0 0 LAUREN CROSBY CO-TREASURER 1.00 X X 0 0 0 WILL WHITING SECRETARY 1.00 X X 0 0 0 MARCUS CLARK BOARD MEMBER 1.00 X 0 0 0 KELLY DAVIS BOARD MEMBER 1.00 X 0 0 0 GRAHAM ASKEW BOARD MEMBER 1.00 X 0 0 0 WARREN GRIMM BOARD MEMBER 1.00 X 0 0 0 YVETTE WARREN BOARD MEMBER 1.00 X 0 0 0 TONI BLACKBURN BOARD MEMBER 1.00 X 0 0 0 LANCE LUTRELL BOARD MEMBER 1.00 X 0 0 0 CIJI PITMAN PREVIOUS HEAD OF SCHOOL 40.00 X 50270 0 4504 RITA CHAN DIRECTOR OF OPERATIONS, INTERIM HEAD OF SCHOOL 40.00 X 57846 0 5362 GRANT MONDA CURRENT HEAD OF SCHOOL 40.00 X 0 0 0 108116 0 9866 0 0 0 0 0 159553 223 159776 PROGRAM REVENUE 611710 1262517 1262517 1262517 516 516 PENSION INCOME 611710 4243 4243 4243 1427052 1266760 0 516 77115 77115 518951 424604 94347 13016 8103 4913 29095 16375 12720 50701 28535 22166 2955 2955 9750 9750 101759 44823 56936 9781 9781 127643 127643 1662 1662 86634 86634 20987 20987 STUDENT SERVICES 56967 56967 TEACHING SUPPLIES 27758 23736 4022 CONTRACTED SERVICES 20000 20000 CLEANING SERVICES 19325 19325 28310 16959 11351 1202409 620102 582307 0 237265 284167 30914 63750 479 8681 259902 86634 94997 173268 0 110300 363655 640166 57669 44572 0 154645 57669 199217 X 305986 440949 305986 440949 363655 640166 224643 -89680 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 259902 86634 173268 173268 NET PENSION ASSET 48332 DEFERRED OUTFLOWS OF RESOURCES - PENSIONS 61968 110300 DEFERRED INFLOWS OF RESOURCES - PENSIONS 154645 154645 X 1427052 0 1427052 0 1427052 1202409 0 1202409 0 1202409 PART X, LINE 2: THE SCHOOL EVALUATES THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE SCHOOL HAS DETERMINED THAT THE APPLICATION OF THE INCOME TAX STANDARD DOES NOT IMPACT THE OPERATIONS OF THE SCHOOL AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2012. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS OPEN TO ALL STUDENTS IN MEMPHIS AND REQUIRES THE STUDENTS TO BE A RESIDENT OR THE CORRECT AGE TO ENROLL. SCHEDULE E, PART I, LINE 4 SCHOLARSHIPS ARE NOT OFFERED. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES GRANTS FROM THE US DEPARTMENT OF EDUCATION, TENNESSEE DEPARTMENT OF EDUCATION, AND SHELBY COUNTY SCHOOLS. FORM 990, PART VI, SECTION B, LINE 11 AN INDEPENDENT CPA FIRM IS USED TO PREPARE THE RETURN. THE BOARD IS PROVIDED THE FORM 990 FOR REVIEW IN ADVANCE OF THE MEETING WITH THE FINANCE COMMITTEE. ANY QUESTIONS FROM THE BOARD MEMBERS ARE THEN DISCUSSED AT THE MEETING PRIOR TO SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORED THE CONFLICT OF INTEREST POLICY BY DEVELOPING A MORE COMPREHENSIVE POLICY AND BY BEING IN COMPLIANCE WITH THE TENNESSEE CODE ANNOTATED AND THE FAIR POLITICAL PRACTICES ACT. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES ARE DETERMINED BASED ON COMPARISONS TO THE SHELBY COUNTY SCHOOL SYSTEM AND OTHER MEMPHIS AREA CHARTER SCHOOLS WITH HISTORICAL EXPERIENCE AND GUIDANCE PROVIDED BY EDTEC. PROPOSED SALARIES ARE THEN DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGET APPROVAL PROCESS OR ON AN AS NEEDED BASIS IF HIRING DURING THE YEAR. THERE IS ALSO A COLA RAISE INCLUDED FOR RETURNING EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THESE ITEMS ARE AVAILABLE THROUGH THE TENNESSEE STATE EDUCATION WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.