2014-02-10T14:25:23-06:00 2013-06-30 621152935 ZOCCOLA KAPLAN PLLC 6800 POPLAR AVE SUITE 210 GERMANTOWN TN 38138 990 2012-07-01 274246992 AURORA COLLEGIATE ACADEMY INC AURO 9012494615 3804 GIVEN AVENUE MEMPHIS TN 38122 CIJI PITTMAN 9012494615 2014-02-10 1 MARCUS ROUNTREE P00747095 9015238283 2012 2015-11-30 17:44:51Z CIJI PITTMAN 3804 GIVEN AVENUE MEMPHIS TN 38122 612801 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. 9 9 8 4 0 0 295500 223428 0 374665 12 351 0 14357 295512 612801 0 0 0 0 0 368116 0 0 0 54617 364200 54617 732316 240895 -119515 262934 299072 0 155653 262934 143419 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 409306 389022 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. 409306 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2 0 1 8 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 0 1 1 0 X CIJI PITTMAN 9012494615 3804 GIVEN AVENUE MEMPHIS TN 38122 X CHRISTINA MCFARLAND 1.00 X X 0 0 0 ROBIN SCOTT 1.00 X X 0 0 0 GRAY FISER 1.00 X 0 0 0 JASON KEEN 1.00 X X 0 0 0 ANGELA GARLAND 1.00 X X 0 0 0 CARLYLE WHITE 1.00 X 0 0 0 LANCE LUTTRELL 1.00 X 0 0 0 TONI BLACKBURN 1.00 X 0 0 0 KELLY DAVIS 1.00 X 0 0 0 0 0 0 0 0 0 0 0 222089 1339 223428 PROGRAM REVENUE 374625 374625 SERVICE REVENUE 40 40 374665 351 351 OTHER INCOME 14357 14357 14357 612801 389022 0 351 298064 159396 138668 25635 25635 18464 18464 25953 25953 3554 3554 53700 53700 22181 20513 1668 9946 9946 66978 66978 2788 2788 17480 17480 STUDENT SERVICES 92195 86758 5437 TEACHING SUPPLIES 64656 62212 2444 CLEANING SERVICES 9691 9691 SECURITY 5651 5651 15380 10375 5005 732316 409306 323010 0 262934 231558 67514 262934 299072 155653 0 155653 X 262934 143419 262934 143419 262934 299072 -119515 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 938316 325515 325515 612801 0 612801 799647 67331 67331 732316 0 732316 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL ADOPTED THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFCATION (ASC) 740, WHICH PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE SCHOOL IS REQUIRED TO EVALUATE 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 TAXES STANDARD DOES NOT IMPACT THE OPERATIONS OF THE SCHOOL AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE SCHOOL'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2013, THE FOLLOWING TAX YEARS REMAIN OPEN DUE TO THE APPLICABLE TAX AUTHORITY'S ABILITY TO REVIEW AND ASSESS PREVIOUSLY ISSUED RETURNS: FEDERAL - JUNE 30, 2013. THERE HAVE BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF FINANCIAL POSITION OR STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE PERIOD ENDED JUNE 30, 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: AUDITED FINANCIAL STATEMENTS WERE FOR A TWENTY FIVE MONTH PERIOD AND THIS REVENUE WAS ALREADY ACCOUNTED FOR ON PY 990'S. PART XII, LINE 2D - OTHER ADJUSTMENTS: AUDITED FINANCIAL STATEMENTS WERE FOR A TWENTY FIVE MONTH PERIOD AND THESE EXPENSES WERE ALREADY ACCOUNTED FOR ON PY 990'S. 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 SCHOLARSHIPS ARE NOT OFFERED AND THE SCHOOL DOES NOT SOLICIT CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 AN INDEPENDENT CPA FIRM IS ACQUIRED TO PREPARE THE RETURN, THE RETURN IS THEN REVIEWED IN DETAIL BY THE FINANCE COMMITTEE BEFORE PRESENTATION TO THE BOARD. 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 ORGANIZATION USES THE CURRENT RATE FOR FOUNDERS AS DEMONSTRATED IN PROGRAMS LIKE BUILDING EXCELLENT SCHOOLS. THEY ALSO CONSIDER LOCAL PUBLIC SCHOOLS EXECUTIVE SALARIES AND EMPLOYEE SALARIES TO COMPARE POSITIONS TO HELP DETERMINE COMPENSATION. ONCE A SALARY HAS BEEN PROPOSED, THE BOARD THEN REVIEWS IT AND VOTES ON THE SALARIES AS PART OF THE ENTIRE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THESE ITEMS ARE AVAILABLE DURING PUBLIC BOARD MEETINGS AND FOR REVIEW UPON REQUEST.