2015-05-15T10:16:16-05:00 2014-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2013-07-01 651203744 ACHIEVEMENT FIRST INC ACHI 2037733223 403 JAMES STREET NEW HAVEN CT 06513 DOUG BORCHARD TREASURER 2037733223 2015-05-14 1 KIMBERLY NARDONE P01058771 9592007000 2013 2016-03-07 17:11:31Z X DOUG BORCHARD 403 JAMES STREET NEW HAVEN CT 06513 38751867 0 X WWW.ACHIEVEMENTFIRST.ORG X 2003 CT ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 9 9 246 30 0 0 29253402 20937868 10986310 16884268 109096 109601 47731 820130 40396539 38751867 11295917 17694313 0 0 14990621 12526814 0 0 731198 5511337 13808017 31797875 44029144 8598664 -5277277 24671793 19499256 9480051 9584791 15191742 9914465 X ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 0 0 13561885 11454642 MANAGEMENT OF CHARTER SCHOOLS IN NEW YORK, RHODE ISLAND AND CONNECTICUT. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 17694313 17694313 SCHOOL GRANTS: TO PROVIDE ASSISTANCE TO A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 1428320 1749999 ANCILLARY SERVICES: TO PROVIDE BOOKKEEPING, FACILITIES ACQUISITION AND MANAGEMENT, SPECIAL EDUCATION DELIVERY SUPPORT, DATA ANALYSIS MANAGEMENT SUPPORT, AND TUTORING PROGRAM RECRUITMENT AND SUPPORT TO THE SCHOOLS. 8684490 4499757 ACHIEVEMENT FIRST, INC.S TEACHER CAREER PATHWAY PROGRAM IS A SYSTEMATIC, COORDINATED APPROACH TO RECOGNIZE AND DEVELOP TEACHERS AS THEY PROGRESS THROUGH FIVE CAREER STAGES. THESE STAGES WERE DEVELOPED TO CELEBRATE EXCELLENT TEACHERS AND ARE ACCOMPANIED BY INCREASED COMPENSATION, RECOGNITION AND PROFESSIONAL GROWTH OPPORTUNITIES. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. OTHER INITIATIVES - CAPITAL, ADVOCACY, AF THROUGH COLLEGE, DATA, DIGITAL LEARNING, NEW HAVEN LEADERSHIP, AND RHODE ISLAND EXPANSION. 8684490 4499757 41369008 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 83 0 1 246 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CT X GAYLORD BOURNE CPA 2037733223 403 JAMES STREET NEW HAVEN CT 06513 ARIELA ROZMAN MEMBER 1.00 X 0 0 0 CARLTON L HIGHSMITH MEMBER 1.00 X 0 0 0 DOUG BORCHARD TREASURER 1.00 X X 0 0 0 ELISA VILLANUEVA MEMBER 1.00 X 0 0 0 JAMES PEYSER MEMBER 1.00 X 0 0 0 JEANNE MELINO MEMBER 1.00 X 0 0 0 JENNIFER SMITH-TURNER MEMBER 1.00 X 0 0 0 JON D SACKLER MEMBER 1.00 X 0 0 0 MIKE CRITELLI MEMBER 1.00 X 0 0 0 VINCENT DOWLING MEMBER 1.00 X 0 0 0 WILLIAM R BERKLEY CHAIR 1.00 X X 0 0 0 DACIA TOLL PRESIDENT 40.00 X 241463 0 7501 DOUGLAS MCCURRY SUPERINTENDENT 40.00 X 241306 0 8702 MAX POLANER CHIEF FINANCIAL OFFICER 40.00 X 185293 0 20192 CHASTITY LORD CHIEF EXTERNAL OFFICER 40.00 X 179131 0 11744 CHI YOUNG TSCHANG REGIONAL SUPERINTENDENT 40.00 X 164915 0 14273 MAX KOLTUV REGIONAL SUPERINTENDENT 40.00 X 164812 0 15838 RALPH HARRIS FERRELL CHIEF INFORMATION OFFICER 40.00 X 192507 0 18232 TRACEY EPP REGIONAL SUPERINTENDENT 40.00 X 179863 0 8829 1549290 0 105311 13 0 1 0 ACSYS-PRIMACY 1577 NEW BRITAIN AVE FARMINGTON CT 06032 TECH 190234 ACCESS STAFFING PO BOX 75334 CHICAGO IL 60675 STAFFING 154532 MBAF-ERE CPAS LLC 440 PARK AVE SOUTH 3RD FLOOR NEW YORK NY 10016 ACCOUNTING 107575 VAMOS ARCHITECTS 100 NORTH 3RD ST BROOKLYN NY 11249 ARCHITECTURE 102149 4 20937868 20210 20937868 MANAGEMENT FEE 541610 11454642 11454642 ANCILLARY SCHOOL SERVICES SUPPORT 541610 1749999 1749999 CHARTER START UP 541610 1531551 1531551 TEACHER INCENTIVE FUND 541610 1449689 1449689 FEDERAL E-RATE FUNDING 541610 698387 698387 16884268 109601 109601 COLLECTED FEES 900099 820130 820130 820130 38751867 17704398 0 109601 17694313 17694313 719295 610784 67121 41390 9804496 8315504 912910 576082 269380 235018 26405 7957 609695 531924 59761 18010 1123948 980580 110167 33201 34776 30625 3447 704 130016 114497 12886 2633 27000 27000 291902 280836 4606 6460 439817 402185 37374 258 416024 369168 44266 2590 1164857 1001216 149891 13750 176485 153690 22795 745435 564692 164559 16184 11484 10221 1263 270781 243703 27078 14966 13450 1516 OTHER INITIATIVES EXPEN 8036320 8036320 SCHOOL PROGRAM SUPPORT 764300 719677 44545 78 RECRUITMENT OF SCHOOL A 321469 284469 35953 1047 PROFESSIONAL DEVELOPMEN 124987 68126 55750 1111 837398 708010 119645 9743 44029144 41369008 1928938 731198 2589069 247885 323210 173728 11203160 9740434 5942669 5942669 190519 83796 3964380 3154456 436379 809924 3986787 2500820 24671793 19499256 762532 1418146 1000000 146584 3450000 3650000 4267519 4370061 9480051 9584791 X 4054507 1662556 11137235 8251909 15191742 9914465 24671793 19499256 -5277277 0 X X 0 1 X 1 1 1 X 12399951 17623163 18165683 29253402 20937868 98380067 12399951 17623163 18165683 29253402 20937868 98380067 14848305 83531762 61219 79349 101956 106096 109601 458221 32040 5440 23339 47731 820130 928680 99766968 47575999 0.83730 0.74920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2009 AMOUNT: $ 32,040. 2010 AMOUNT: $ 5,440. 2011 AMOUNT: $ 23,339. 2012 AMOUNT: $ 47,731. 2013 AMOUNT: $ 820,130. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 27000 0 0 27000 0 707512 118761 588751 319435 275039 44396 2937433 2760656 176777 809924 DUE FROM SCHOOLS 2449361 SECURITY DESPOSIT 51459 2500820 DUE TO SCHOOLS 4370061 4370061 X 21057554 -17694313 -17694313 38751867 0 38751867 26334831 0 26334831 17694313 17694313 44029144 PART X, LINE 2: AF HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2014. THE ORGANIZATION'S FEDERAL TAX RETURNS PRIOR TO FISCAL YEAR 2010 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, THE AF WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF MANAGEMENT AND GENERAL EXPENSES IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS AND INCLUDE ACCRUED INTEREST AND PENALTIES IN ACCRUED EXPENSES IN THE STATEMENT OF FINANCIAL POSITION. AF DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX MATTERS FOR THE YEAR ENDED JUNE 30, 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANTS TO SCHOOLS -17,694,313. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO SCHOOLS 17,694,313. 1 ACHIEVEMENT FIRST APOLLO CHARTER SCHOOL 403 JAMES STREET NEW HAVEN CT 06513 263478865 501(C)(3) 133850 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST BRIDGEPORT ACADEMY INC 403 JAMES STREET NEW HAVEN CT 06513 371543858 501(C)(3) 119810 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST ENDEAVOR CHARTER SCHOOL 403 JAMES STREET NEW HAVEN CT 06513 204776460 501(C)(3) 837953 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST RHODE ISLAND INC 403 JAMES STREET NEW HAVEN CT 06513 461986417 501(C)(3) 1928070 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. AMISTAD ACADEMY INC 403 JAMES STREET NEW HAVEN CT 06513 061546695 501(C)(3) 1335433 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ELM CITY COLLEGE PREPARATORY INC 403 JAMES STREET NEW HAVEN CT 06513 205196171 501(C)(3) 1729422 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. 6 PART I, LINE 2: GRANTS GIVEN TO THE SCHOOLS ARE FOR OPERATING AND FACILITY ACQUISITION/RENOVATION EXPENSES. ACHIEVEMENT FIRST, INC. PLAYS AN OVERSIGHT ROLE FOR EACH SCHOOL IN MONITORING FINANCES. X X X 0 0 0 0 0 0 0 0 0 DACIA TOLL PRESIDENT 241343 0 0 0 120 0 2500 0 5001 0 248964 0 0 0 DOUGLAS MCCURRY SUPERINTENDENT 241186 0 0 0 120 0 2500 0 6202 0 250008 0 0 0 MAX POLANER CHIEF FINANCIAL OFFICER 185113 0 0 0 180 0 2500 0 17692 0 205485 0 0 0 CHASTITY LORD CHIEF EXTERNAL OFFICER 179011 0 0 0 120 0 0 0 11744 0 190875 0 0 0 CHI YOUNG TSCHANG REGIONAL SUPERINTENDENT 164807 0 0 0 108 0 2500 0 11773 0 179188 0 0 0 MAX KOLTUV REGIONAL SUPERINTENDENT 164692 0 0 0 120 0 2500 0 13338 0 180650 0 0 0 RALPH HARRIS FERRELL CHIEF INFORMATION OFFICER 192387 0 0 0 120 0 2500 0 15732 0 210739 0 0 0 TRACEY EPP REGIONAL SUPERINTENDENT 179755 0 0 0 108 0 2500 0 6329 0 188692 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS GIVEN TO THE BOARD TREASURER WHO REVIEWS IT ON BEHALF OF THE BOARD PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED ANNUALLY, TO DISCLOSE CONFLICTS OF INTEREST. VENDORS AND OTHER MAJOR CONTRACTORS ARE REQUIRED TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CONCERNED PARTYS SALARIES ARE DETERMINED THROUGH COMPARISON TO SIMILAR ORGANIZATIONS AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT NO COST TO THE PUBLIC. THE ORGANIZATIONS FORM 990 IS AVAILABLE BOTH UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.