2025-11-12T14:39:19-06:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2024-07-01 262272858 PAVE ACADEMY CHARTER SCHOOL PAVE 7188587813 732 HENRY STREET BROOKLYN NY 11231 ELDRIDGE GILBERT BOARD CHAIR 7188587813 2025-11-12 1 1 SACHA RICHARDS P01378509 2017129800 2025-11-12 2024 2025-03-06 01:10:19Z MARSHA GADSDEN 732 HENRY STREET BROOKLYN NY 11231 10795939 0 X WWW.PAVESCHOOLS.ORG X 2008 NY TO PREPARE STUDENTS TO THRIVE IN COMPETITIVE HIGH SCHOOLS AND FOUR YEAR COLLEGES. 7 7 124 15 0 0 2216744 1271512 9487588 9227880 277570 293024 14 3523 11981916 10795939 0 0 0 0 8236143 8201787 0 0 0 3427491 3333114 11663634 11534901 318282 -738962 9853151 9156253 580818 622882 9272333 8533371 X PAVE IS A K-8 COLLEGE-PREPARATORY CHARTER SCHOOL THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. WE BUILD OUR STUDENTS BRICK BY BRICK; EQUIPPING THEM WITH THE ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS THAT THEY NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND LEADERS IN THEIR COMMUNITIES. 0 0 10538690 0 9227880 THE SCHOOL PROVIDES STUDENTS A RIGOROUS, COLLEGE-PREPARATORY EDUCATION THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. THE SCHOOL'S EVIDENCE-BASED, MULTI-PRONGED APPROACH RECOGNIZES THAT YOUNG PEOPLE - PARTICULARLY YOUNG PEOPLE OF COLOR FROM HIGH-POVERTY COMMUNITIES - CAN ONLY ACHIEVE ACADEMIC SUCCESS WHEN THEY FEEL SAFE, SUPPORTED, CONNECTED, AND EMOTIONALLY HEALTHY. TO THAT END, THE SCHOOL EQUALLY FOSTERS THE ACADEMIC, SOCIAL, AND EMOTIONAL DEVELOPMENT OF SKILLS STUDENTS NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND FUTURE LEADERS IN THEIR COMMUNITIES. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 409 STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE IN THE 2024-2025 ACADEMIC YEAR. 10538690 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 27 0 124 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LISA LURIE 7188587813 732 HENRY STREET BROOKLYN NY 11231 ELDRIDGE GILBERT CHAIR 1.00 X X 0 0 0 MELANIE DUKES VICE CHAIR THRU 03/2025 1.00 X X 0 0 0 ALLIE SWEENEY TREASURER 1.00 X X 0 0 0 SANIA KHAN TRUSTEE 1.00 X 0 0 0 SOPHIE LIPPINCOTT FERRER TRUSTEE 1.00 X 0 0 0 KIM LUMPKIN TRUSTEE 1.00 X 0 0 0 TYLER PRIDE TRUSTEE 1.00 X 0 0 0 SPENCER ROBERTSON TRUSTEE 1.00 X 0 0 0 MELISSA TORRES TRUSTEE THRU 04/2025 1.00 X 0 0 0 MARSHA GADSDEN EXECUTIVE DIRECTOR 45.00 X 227700 0 7499 BRENDA SMITH MS PRINCIPAL 45.00 X 144845 0 11128 MICHELLE COOK ELEMENTARY SCHOOL PRINCIPAL 45.00 X 151075 0 18784 MARGARET BROWN DIRECTOR OF OPERATIONS 45.00 X 132769 0 14388 DORIS GALARZA TEACHER 45.00 X 127238 0 14359 MARGARET HUNT DIRECTOR OF STUDENT SERVICES K-8 45.00 X 116599 0 36948 JOHN A RUSSO TEACHER 45.00 X 122252 0 11194 DESPINA TSAFOS TEACHER 45.00 X 123845 0 13941 1146323 0 128241 13 0 1 0 BUTTERBEANS INC 41-43 39TH STREET SUNNYSIDE NY 11104 SCHOOL FOOD PROVIDER 461981 MARTINEZ CLEANING CO INC 90-07 31ST AVENUE EAST ELMHURST NY 11369 CLEANING SERVICES 313147 LAVINIA GROUP LLC PO BOX 1319 SAG HARBOR NY 11963 CIRRICULUM & PROF. DEVELOPMENT 117260 TARIAN GUARD SERVICES LLC 57 WEST 38TH STREET NEW YORK NY 10018 SECURITY 108280 4 979735 291777 30191 1271512 GOV'T PER-PUPIL REVENUE 900099 9227880 9227880 9227880 293024 293024 3500 0 3500 3500 3500 OTHER INCOME 900099 23 23 23 10795939 9227880 0 296547 568896 294661 274235 6206946 5785645 421301 52934 49367 3567 813126 742741 70385 559885 503508 56377 3337 1462 1875 52850 47528 5322 902200 864193 38007 174259 156711 17548 201032 182371 18661 128567 127096 1471 222192 222192 2490 2490 165735 149046 16689 210236 189068 21168 CLASSROOM MATERIALS 521765 521765 STUDENT MEALS 432100 388591 43509 REPAIRS & MAINTENANCE 198938 198938 TEAM BUILDING/LUNCHES 60549 57965 2584 56864 53352 3512 11534901 10538690 996211 0 2806041 2049053 4884481 5109409 704600 347909 77000 0 30794 113889 1989665 1656624 258647 333041 1058588 1126684 33000 76268 9853151 9156253 580818 622882 580818 622882 X 9132933 8381051 139400 152320 9272333 8533371 9853151 9156253 -738962 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 286443 277538 8905 1293909 1086075 207834 409313 293011 116302 333041 X 10811212 15273 15273 10795939 0 10795939 11550174 15273 15273 11534901 0 11534901 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2022. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. LINE 4 - EXPLANATION OF RECORDKEEPING: 4A. THE SCHOOL MAINTAINS RECORDS ON THE RACIAL COMPOSITION OF ITS STUDENT BODY AND COLLECTS RACIAL INFORMATION ON A VOLUNTARY BASIS FROM FACULTY AND ADMINISTRATIVE STAFF. 4B. THE SCHOOL IS A TUITION-FREE PUBLIC SCHOOL AND DOES NOT NEED TO AWARD SCHOLARSHIPS FOR TUITION. THE SCHOOL DOES OFFER SCHOLARSHIPS ON A RACIALLY NON-DISCRIMINATORY BASIS FOR SCHOOL-RELATED EXTRACURRICULAR ACTIVITIES. X X X 0 0 0 0 0 0 0 0 0 MARSHA GADSDEN EXECUTIVE DIRECTOR 227502 0 0 0 198 0 4552 0 2947 0 235199 0 0 0 MICHELLE COOK ELEMENTARY SCHOOL PRINCIPAL 150937 0 0 0 138 0 393 0 18391 0 169859 0 0 0 BRENDA SMITH MS PRINCIPAL 144655 0 0 0 190 0 245 0 10883 0 155973 0 0 0 MARGARET HUNT DIRECTOR OF STUDENT SERVICES K-8 116519 0 0 0 80 0 2493 0 34455 0 153547 0 0 0 X 21089 COST X SOFTWARE 1 9102 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATON IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. ANY QUESTIONS, COMMENTS, OR REQUIRED CHANGES ARE FORWARDED TO THE ACCOUNTING FIRM, AND A FINAL VERSION IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL TRUSTEES, OFFICERS, KEY PERSONS AND EMPLOYEES OF THE SCHOOL. ANY PERSON WITH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST MUST PROMPTLY DISCLOSE SUCH POTENTIAL OR ACTUAL CONFLICT OF INTEREST IN GOOD FAITH IN WRITING TO HIS OR HER IMMEDIATE SUPERVISOR, AS APPLICABLE, AND TO EACH MEMBER OF THE BOARD. ANY TRUSTEE, OFFICER, KEY PERSON OR EMPLOYEE TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES MAY NOT BE PRESENT AT OR PARTICIPATE IN THE BOARD OR COMMITTEE DELIBERATION OR VOTE ON THE MATTER GIVING RISE TO SUCH CONFLICT; PROVIDED THAT NOTHING PROHIBITS THE BOARD OR A COMMITTEE FROM REQUESTING THAT THE PERSON WITH THE CONFLICT OF INTEREST PRESENT INFORMATION AS BACKGROUND OR ANSWER QUESTIONS AT A COMMITTEE OR BOARD MEETING PRIOR TO THE COMMENCEMENT OF DELIBERATIONS OR VOTING RELATING THERETO. THE BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS WHETHER A CONFLICT EXISTS. THE INTEREST PERSON IS RECUSED FROM PARTICIPATING IN DECISION MAKING ON MATTERS INVOLVING THE CONFLICT. ALL TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AND SUBMIT IT TO THE BOARD SECRETARY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 PAVE PARTICIPATES IN AN ANNUAL COMPENSATION SURVEY CONDUCTED BY A CHARTER SCHOOL INDUSTRY ASSOCIATION, WHICH SURVEYS SIMILAR ORGANIZATIONS ON THEIR COMPENSATION PRACTICES AND AMOUNTS. NEARLY ALL OF PAVE'S POSITIONS ARE REFLECTED IN THIS SURVEY, INCLUDING BUT NOT LIMITED TO: EXECUTIVE DIRECTOR, THE ELEMENTARY SCHOOL PRINCIPAL, THE MIDDLE SCHOOL PRINCIPAL, FUNCTIONAL DIRECTORS, AND TEACHERS. ADDITIONALLY, PAVE REFERS TO THE NYC DOE SCHEDULES FOR SCHOOL LEADERS AND INSTRUCTIONAL STAFF, AS WELL AS OTHER NON-PROFIT COMPENSATION SCHEDULES ACROSS THE NON-PROFIT SECTOR AS A WHOLE. PAVE CONDUCTS ITS REVIEW OF COMPENSATION AND SETS REASONABLE COMPENSATION ANNUALLY. EXECUTIVE COMPENSATION IS APPROVED BY THE BOARD AND DOCUMENTED IN THE MINUTES OF THE BOARD. THIS PROCESS WAS LAST CONDUCTED IN FY 2025. FORM 990, PART VI, SECTION C, LINE 19 PAVE ACADEMY CHARTER SCHOOL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST.