2015-05-15T08:47:23-05:00 2014-06-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2013-07-01 061818759 THE SEED SCHOOL OF MARYLAND SEED 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 DWIGHT CRAWFORD TREASURER 4108439477 2015-05-14 1 WILLIAM E TURCO CPA P00369217 3012963600 2013 2016-04-25 22:37:26Z KHALEK KIRKLAND 200 FONT HILL AVE BALTIMORE MD 212232703 18809709 0 X WWW.SEEDFOUNDATION.COM/SEED_SCHOOLS/MD X 2007 MD PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 22 17 182 17 0 0 7772973 3625090 13842349 14667593 2589 -2503835 399 19109 21618310 15807957 0 0 0 0 7980584 9142176 0 0 450501 7115090 7206375 15095674 16348551 6522636 -540594 55337147 53860763 31542086 30606296 23795061 23254467 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 0 0 13815841 14667593 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 13815841 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 38 0 1 182 1 0 0 0 0 0 0 0 0 0 0 X 22 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MD X TIM DELBRUGGE 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 JOHN CLASTER CHAIRMAN 2.00 X X 0 0 0 DOUGLAS M HOFFBERGER VICE CHAIRMAN 2.00 X X 0 0 0 EARL ADAMS TRUSTEE 2.00 X 0 0 0 KATIE DEL CARMEN BYRAM TRUSTEE 2.00 X 0 0 0 THE HONORABLE ELIJAH E CUMMINGS TRUSTEE 2.00 X 0 0 0 MORTON FISHER TRUSTEE 2.00 X 0 0 0 KELLY TUBMAN HARDY TRUSTEE 2.00 X 0 0 0 PAULA C HOLLIGER TRUSTEE 2.00 X 0 0 0 SONYA Y HOPSON TRUSTEE 2.00 X 0 0 0 HARRY LEBOW TRUSTEE 2.00 X 0 0 0 KEVIN LILES TRUSTEE 2.00 X 0 0 0 MARC E MILLER TRUSTEE 2.00 X 0 0 0 SALLY THORNER TRUSTEE 2.00 X 0 0 0 LYNN MORRISON VENETOULIS TRUSTEE 2.00 X 0 0 0 ELEANOR WHITE EDD TRUSTEE 2.00 X 0 0 0 PAUL T WHITE TRUSTEE 2.00 X 0 0 0 JENNIFER CURRAN TRUSTEE 2.00 X 0 0 0 ERIC ADLER TRUSTEE 2.50 37.50 X 0 140737 26852 RAJIV VINNAKOTA TRUSTEE 2.50 37.50 X 0 268085 31651 DWIGHT CRAWFORD TREASURER 2.50 37.50 X 0 166429 25824 SHANE MULHERN TRUSTEE 2.50 37.50 X 0 134569 19676 RACHEL MILLER-BLEICH CORPORATE SECRETARY 2.00 X X 0 56643 16222 KHALEK KIRKLAND HEAD OF SCHOOL 40.00 X 152906 0 23864 STAN ESTREMSKY MANAGING DIRECTOR 40.00 X 115218 0 18320 MARIA DARBY DIRECTOR, DEVELOPMENT 40.00 X 102899 0 5488 371023 766463 167897 3 0 1 0 WHITING TURNER CONTRACTING COMPANY 7475 WISCONSIN AVE SUITE 400 BETHESDA MD 20814 CONSTRUCTION SERVICES 10632566 THE ABUNDANCE CATERING COMPANY 9 VERNON AVENUE GLEN BURNIE MD 21061 STUDENT FOOD SERVICES 1150473 WOODLAWN MOTOR COACH INC 6523 BALTIMORE NATIONAL PIKE BALTIMORE MD 21228 STUDENT TRANSPORTATION 409995 MARKS THOMAS ARCHITECTS 1414 KEY HWY 200 BALTIMORE MD 212305128 CONSTRUCTION/ARCHITECT SVS 210731 SYLVAN LEARNING 1840 YORK ROAD UNIT D TIMONIUM MD 21093 TUTORING PROGRAMS 173110 11 894533 2730557 2303223 3625090 PER PUPIL ALLOCATION 900099 14667593 14667593 14667593 1512 1512 496405 3001752 -2505347 -2505347 -2505347 OTHER REVEMIE 900009 19109 19109 19109 15807957 14667593 0 -2484726 328114 282764 36274 9076 7176759 6184832 793407 198520 230912 198997 25528 6387 810837 698768 89640 22429 595554 513240 65840 16474 409673 136558 136557 136558 2565 2565 133114 133114 36808 36808 204872 204872 155836 155836 1447611 1247531 160037 40043 418979 418979 783307 783307 1654163 1654163 239589 239589 FOOD SERVICE 1082596 1082596 OTHER STUDENT COSTS 409119 409119 STUDENT HOUSING 113513 113513 AMORTIZATION 91474 91474 23156 2142 21014 16348551 13815841 2082209 450501 6462384 5971872 3091149 2035898 1500 7012 8753 2260 50255739 5311698 44990581 44944041 782780 899680 55337147 53860763 4066169 969256 1500 24250000 23625000 2983701 6000000 242216 10540 31542086 30606296 X 19235671 21035989 4559390 2218478 23795061 23254467 55337147 53860763 -540594 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47445888 3349347 44096541 2809851 1962351 847500 44944041 CAPITAL LEASE OBLIGATION 10540 10540 X 15809857 1900 1900 15807957 0 15807957 16350451 1900 1900 16348551 0 16348551 PART X, LINE 2: THE SCHOOL 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. UNDER SECTION 501(C)(3) OF THE IRC, THE SCHOOL IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE SCHOOL DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2014. THE SCHOOL 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 SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE SCHOOL 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 UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED UPON 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 SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL SHALL ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN. IT WILL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS, OR ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. SCHEDULE E, PART I, LINE 6 THE SEED SCHOOL OF MARYLAND RECEIVES A STUDENT ALLOCATION FROM THE STATE OF MARYLAND TO COVER THE COST OF ACADEMIC AND FACILITIES EXPENSES. X 0 0 X X X 0 0 0 0 0 0 0 0 0 ERIC ADLER TRUSTEE 0 138097 0 0 0 2640 0 9000 0 24265 0 174002 0 0 RAJIV VINNAKOTA TRUSTEE 0 265499 0 0 0 2586 0 16200 0 16227 0 300512 0 0 DWIGHT CRAWFORD TREASURER 0 164254 0 0 0 2175 0 9869 0 19699 0 195997 0 0 SHANE MULHERN TRUSTEE 0 134569 0 0 0 0 0 7752 0 12344 0 154665 0 0 KHALEK KIRKLAND HEAD OF SCHOOL 128906 0 0 0 24000 0 9540 0 16124 0 178570 0 0 0 PART I, LINE 1A THE SCHOOL PROVIDED TAXABLE HOUSING IN THE AMOUNT OF $24,000 TO KHALEK KIRKLAND. SCHEDULE J, PART II, COMPENSATION THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER, RAJIV VINNAKOTA, DWIGHT CRAWFORD, SHANE MULHERN AND RACHEL MILLER-BLEICH. THE SCHOOL DOES NOT COMPENSATE THESE INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE SEED FOUNDATION. THE SEED FOUNDATION BOARD OF DIRECTORS APPROVES THE COMPENSATION OF ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES AS PART OF APPROVING THE ANNUAL BUDGET. MEMBERS OF THE BOARD OF DIRECTORS RECEIVE NO COMPENSATION. THE BOARD OF DIRECTOR SET THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY CONSIDERING TWO FACTORS 1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON IT BUDGET CONSTRAINTS. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2010-01-21 25000000 TO FINANCE THE ACQUISITION, CONSTRUCTION AND RENOVATION OF THE CAMPUS 1 0 0 A 1375000 25000000 25000000 2012 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 1 X 3 2303223 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE PREPARED BY MCGLADREY LLP, CPAS AND REVIEWED BY THE MANAGING DIRECTOR IN DETAIL. THE RETURN WILL THEN BE FORWARDED TO THE HEAD OF THE SCHOOL, THE CFO OF THE SEED FOUNDATION FOR FURTHER REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C YEARLY BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT OR TO DISCLOSE ANY SUCH CONFLICTS THAT MAY OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE HEAD OF SCHOOL IS DETERMINED BY THE BOARD OF DIRECTORS AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE. IN ADDITION, A COMPARATIVE SALARY SURVEY WAS PERFORMED BY THE BOARD AT TIME OF HIRE. THE BOARD DECISIONS WERE IN THE BOARD MINUTES AT THE THE TIME OF HIRE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AN FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER, PYPER DAVIS, AND RAJIV VINNAKOTA. THE SCHOOL DOES NOT COMPENSATE THESE INDIVIDUALS. THE SCHOOL RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE FOLLOWING ARE THE COMPENSATION DETERMINATION POLICIES OF THE SEED FOUNDATION. THE SEED FOUNDATION BOARD OF DIRECTORS APPROVES THE COMPENSATION OF ITS OFFICERS, DIRECTORS AND KEY EMPLOYEES AS PART OF APPROVING THE ANNUAL BUDGET. MEMBERS OF THE BOARD OF DIRECTORS RECEIVE NO COMPENSATION. THE BOARD OF DIRECTOR SET THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES BY CONSIDERING TWO FACTORS1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON IT BUDGET CONSTRAINTS. SEED FOUNDATION 1776 MASSACHUTSETTS AVENUE WASHINGTON DC 20036 541850819 MANAGERIAL SUPPORT AND DEVELOPMENT OF SCHOOLS DC 501(C)(3) LINE 9 N/A 0 THE SEED PUBLIC CHARTER SCHOOL OF WASHINGTON DC 4300 C STREET SE WASHINGTON DC 20019 522099612 BOARDING SCHOOL DC 501(C)(3) LINE 2 THE SEED FOUNDATION 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 SEED FOUNDATION E 29625000 COST SEED FOUNDATION M 400000 COST SEED FOUNDATION Q 208376 COST