2016-05-16T14:15:58-05:00 2015-06-30 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2014-07-01 364629540 HARLEM SUCCESS ACADEMY CHARTER SCHOOL 3 A/K/A SUCCESS ACADEMY CHARTER SCHOOLS - NYC % SCOTT SOBELMAN HARL 6462777170 95 PINE STREET 6TH FLOOR NEW YORK NY 10005 ROBERT PRICE CFO 6462777170 2016-05-16 true Paul Hammerschmidt P01384178 2128858000 2014 2016-08-17 19:52:53Z SAM COLE 95 PINE STREET 6TH FL NEW YORK NY 10005 143892645 false X WWW.SUCCESSACADEMIES.ORG X 2008 NY TO PROVIDE CHILDREN IN NYC WITH A HIGH QUALITY EDUCATION THAT GIVES THEM THE KNOWLEDGE, SKILLS, CHARACTER & DISPOSITION TO MEET & EXCEED NYS STANDARDS & THE RESOURCES TO SUCCEED. 15 15 1340 2060 0 0 4992329 10946025 60304891 132939104 36050 6406 875 1110 65334145 143892645 0 0 0 0 39397701 84424031 0 0 0 28020301 59378462 67418002 143802493 -2083857 90152 24764028 41613824 6698383 18598166 18065645 23015658 X TO PROVIDE CHILDREN IN NEW YORK CITY WITH AN EXCEPTIONALLY HIGH-QUALITY EDUCATION THAT GIVES THEM THE KNOWLEDGE, SKILLS, CHARACTER AND DISPOSITION TO MEET AND EXCEED NEW YORK STATE STANDARDS, AND THE RESOURCES TO SUCCEED AND LEAD IN SCHOOL, COLLEGE AND A COMPETITIVE GLOBAL ECONOMY. false false 117611180 0 122210416 GENERAL EDUCATION - General Education is the program of education that typically developing children should receive, based on state standards and evaluated by the annual state educational standards test. Provided education to approximately 8,175 students in grades kindergarten through high school during the reporting period. 16037881 0 10728688 SPECIAL EDUCATION - Special Education is the program of education that a subset group of children should receive to provide additional services, support, programs, specialized placements or environments to ensure that all students' educational needs are provided for. 133649061 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 25 0 true 1340 true false false false false false false false false false false X 15 15 false true true false false false false true true false false true true true true true true false false false X SCOTT SOBELMAN 6462048014 95 PINE STREET 6TH FL NEW YORK NY 10005 X SAM COLE CHAIRMAN 2.0 0.0 X X 0 0 0 BRYAN BINDER VICE CHAIRMAN 2.0 0.0 X X 0 0 0 SCOTT FRIEDMAN TREASURER 2.0 0.0 X X 0 0 0 GREG SAWERS SECRETARY 2.0 0.0 X X 0 0 0 ISELA BAHENA FROM 615 BOARD MEMBER 1.0 0.0 X 0 0 0 RICH BARRERA BOARD MEMBER 1.0 0.0 X 0 0 0 DERRELL BRADFORD BOARD MEMBER 1.0 0.0 X 0 0 0 SAM CHAINANI BOARD MEMBER 1.0 0.0 X 0 0 0 BRIAN LEVINE FROM 615 BOARD MEMBER 1.0 0.0 X 0 0 0 SULEMAN LUNAT BOARD MEMBER 1.0 0.0 X 0 0 0 DAVID NANUS BOARD MEMBER 1.0 0.0 X 0 0 0 GRAHAM OFFICER BOARD MEMBER 1.0 0.0 X 0 0 0 JARRETT POSNER BOARD MEMBER 1.0 0.0 X 0 0 0 LANCE ROSEN thru 615 BOARD MEMBER 1.0 0.0 X 0 0 0 CATE SHAINKER BOARD MEMBER 1.0 0.0 X 0 0 0 LORENZO SMITH FROM 615 BOARD MEMBER 1.0 0.0 X 0 0 0 MARC MEYER SENIOR LEADER 50.0 0.0 X 162583 0 7000 DANIQUE DAY-LOVING MANAGING PRINCIPAL 50.0 0.0 X 130167 0 7000 KHARI SHABAZZ SENIOR LEADER 50.0 0.0 X 104950 0 7000 397700 0 21000 3 false true false Success Academy Charter Schools In 95 PINE STREET 6TH FLOOR NEW YORK NY 10005 MANAGEMENT 14772771 REVOLUTION FOODS PO BOX 742759 LOS ANGELES CA 90074 FOOD SERVICES 579479 RED RABBIT 1751 PARK AVENUE NEW YORK NY 10035 FOOD SERVICES 277240 3 8945525 2000500 10946025 STATE & LOCAL PER PUPIL OPERATING REV. 900099 132939104 132939104 132939104 6406 6406 0 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 900099 1110 1110 1110 143892645 132939104 0 7516 0 0 0 0 159792 127833 31959 0 68990144 63489268 5500876 1438557 1323472 115085 8638345 7948117 690228 5197193 4781418 415775 18323033 16857189 1465844 0 113053 113053 0 0 0 1043389 959917 83472 0 5477917 5039683 438234 1451808 1335663 116145 0 764314 703169 61145 634763 583982 50781 0 0 85000 85000 0 10154458 9342101 812357 1402382 1290191 112191 INSTRUCTIONAL SUPPLIES 7256382 7256382 SCHOLAR FOOD SERVICE 2820804 2820804 PROFESSIONAL DEVELOPMENT 1883086 1883086 SCHOLAR RECRUITMENT 1677877 1677877 6290196 6228909 61287 143802493 133649061 10153432 0 5630445 4070877 2883681 350002 2921408 8123522 1100 160464 0 0 0 0 0 0 0 0 2822803 4090345 45864417 21045803 10153572 24818614 0 0 0 0 0 0 0 0 351019 0 24764028 41613824 1082521 2292463 0 0 0 0 0 0 0 0 0 0 0 0 2700000 8500000 2915862 7805703 6698383 18598166 X 17405645 22795658 660000 220000 0 0 18065645 23015658 24764028 41613824 X 90152 4859861 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16019242 6711038 9308204 21715964 9554483 12161481 8129211 4780282 3348929 24818614 0 DUE TO SUCCESS ACADEMY CHARTER 0 SCHOOLS, INC. 7805703 7805703 X 144441122 548477 548477 143892645 143892645 144350970 548477 548477 143802493 143802493 PART X, LINE 2: UNDER ASC 740, "INCOME TAXES", AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. SUCCESS ACADEMY CHARTER SCHOOLS - NYC (THE "REPORTING ORGANIZATION") DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE REPORTING ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE REPORTING ORGANIZATION HAS FILED INTERNAL REVENUE SERVICE ("IRS") FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. FOR THE YEAR ENDED JUNE 30, 2015, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENT OF ACTIVITIES. THE REPORTING ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF JUNE 30, 2015, THE REPORTING ORGANIZATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR THE YEARS PRIOR TO JUNE 30, 2012. true true true true true true true false false false false false false false false true false true PART I, LINE 3: THE ORGANIZATION PUBLISHES ITS POLICY ON OUTREACH MATERIALS, APPLICATIONS AND ITS WEBSITE. PART I, LINE 6: THE ORGANIZATION RECEIVES PER-PUPIL FUNDING FROM THE NYC DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE ORGANIZATION ALSO RECEIVED VARIOUS FEDERAL AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. false false false false false false false false false MARC MEYER SENIOR LEADER 145833 0 16750 0 0 0 0 0 7000 0 169583 0 0 0 FORM 990, PART VI, SECTION A, LINE 3: THE ORGANIZATION ENTERED INTO A RELATIONSHIP WITH THE CHARTER MANAGEMENT ORGANIZATION, SUCCESS ACADEMY CHARTER SCHOOLS, INC. (THE "NETWORK"). THE RESPONSIBILITIES OF THE NETWORK ARE AS FOLLOWS: (1) HIRING EDUCATIONAL CONSULTANTS AND STAFF TO ADVISE ON AND EXECUTE SCHOOL DEVELOPMENT; (2) RESEARCHING AND DOCUMENTING THE SUCCESSFUL CHARACTERISTICS OF K-12 SCHOOLS SUCH AS THOSE AFFILIATED WITH THE NETWORK; (3) PROVIDING RESOURCES TO NEW CHARTER SCHOOLS WITHIN THE NETWORK, SUCH AS ASSISTANCE RECRUITING LEADERSHIP, ADMINISTRATION AND STAFF; RECRUITING STUDENTS; AND FOSTERING THE DEVELOPMENT OF SHARED SERVICES, CURRICULA, AND FACILITIES; (4) PERFORMING RESEARCH ON POLICIES THAT CAN INCREASE EDUCATIONAL OPPORTUNITIES FOR ALL CHILDREN, INCLUDING BUT NOT LIMITED TO POLICIES RELATING TO CHARTER SCHOOLS; (5) PROVIDING ADDITIONAL SUPPORT TO STUDENTS WITHIN THE NETWORK OR STUDENTS OF NEED TO ALLOW THEM TO PURSUE ACADEMIC EXCELLENCE; AND (6) OTHER ACTIVITIES THAT PROMOTE EDUCATIONAL ACHIEVEMENT. FORM 990, PART VI, SECTION A, LINE 4: THE FOLLOWING ENTITIES, COLLECTIVELY REFERRED TO AS THE "SCHOOLS", MERGED INTO THE REPORTING ORGANIZATION, WHICH SERVES AS THE EDUCATION CORPORATION: SUCCESS ACADEMY CHARTER SCHOOL - BRONX 1, SUCCESS ACADEMY CHARTER SCHOOL - BRONX 2, SUCCESS ACADEMY CHARTER SCHOOL - UPPER WEST SIDE, SUCCESS ACADEMY CHARTER SCHOOL - BEDFORD STUYVESANT 1, SUCCESS ACADEMY CHARTER SCHOOL - BEDFORD STUYVESANT 2, SUCCESS ACADEMY CHARTER SCHOOL - COBBLE HILL, AND SUCCESS ACADEMY CHARTER SCHOOL - WILLIAMSBURG THE PLAN OF MERGER, DATED SEPTEMBER 20, 2013, WAS APPROVED BY THE SCHOOLS' BOARD OF TRUSTEES AND IS EFFECTIVE JULY 1, 2014. PURSUANT TO THE EFFECTIVE DATE, THE SCHOOLS CEASED TO EXIST AS LEGAL ENTITIES AND ALL SCHOOLS OPERATIONS ARE UNDER THE REPORTING ORGANIZATION. THE MERGER WAS APPROVED BY THE NEW YORK STATE BOARD OF REGENTS AND THE CHARTER SCHOOLS INSTITUTE OF THE STATE UNIVERSITY OF NEW YORK ON FEBRUARY 26, 2014. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD TO THE AUDITING FIRM AND THE FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: A PLAN OF MERGER INTO SUCCESS ACADEMY CHARTER SCHOOLS - NYC, WHICH SERVES AS THE SOLE SURVIVING EDUCATION CORPORATION, DATED SEPTEMBER 20, 2013, WAS APPROVED BY THE SCHOOLS' BOARD OF TRUSTEES AND WAS EFFECTIVE AS OF JULY 1, 2014. THE MERGER INCLUDED THE FOLLOWING: SUCCESS ACADEMY CHARTER SCHOOL - BRONX 1, SUCCESS ACADEMY CHARTER SCHOOL - BRONX 2, SUCCESS ACADEMY CHARTER SCHOOL - UPPER WEST SIDE, SUCCESS ACADEMY CHARTER SCHOOL - BEDFORD STUYVESANT 1, SUCCESS ACADEMY CHARTER SCHOOL - BEDFORD STUYVESANT 2, SUCCESS ACADEMY CHARTER SCHOOL - COBBLE HILL, AND SUCCESS ACADEMY CHARTER SCHOOL - WILLIAMSBURG PURSUANT TO THE EFFECTIVE DATE, ALL SCHOOLS CEASED TO EXIST AS LEGAL ENTITIES AND ALL SCHOOLS OPERATIONS ARE UNDER SUCCESS ACADEMY CHARTER SCHOOLS - NYC. THE MERGER WAS APPROVED BY THE NEW YORK STATE BOARD OF REGENTS AND THE CHARTER SCHOOLS INSTITUTE OF THE STATE UNIVERSITY OF NEW YORK ON FEBRUARY 26, 2014. NET ASSETS TRANSFERRED IN AT JULY 1, 2014.........$4,859,861.