2013-05-13T09:15:48-05:00 2012-06-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2011-07-01 061818759 THE SEED SCHOOL OF MARYLAND SEED 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 STANLEY ESTREMSKY 4108439477 2013-05-13 1 WILLIAM E TURCO CPA P00369217 3012963600 2011 2016-02-24 21:20:13Z KHALEK KIRKLAND 200 FONT HILL AVE BALTIMORE MD 212232703 15245886 0 X WWW.SEEDFOUNDATION.COM/SEED_SCHOOLS/MD X 2006 MD PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 23 20 159 20 0 0 2667145 4226748 8547582 11008984 658 10154 2330 0 11217715 15245886 0 0 0 0 5060650 6593129 0 0 106846 5229166 6258189 10289816 12851318 927899 2394568 39589835 43370229 24711978 26097804 14877857 17272425 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 0 0 11153580 11008984 PROVIDE OUTSTANDING INTENSIVE RESIDENTIAL EDUCATION PROGRAM THAT PREPARES CHILDREN, BOTH ACADEMICALLY AND SOCIALLY, FOR SUCCESS IN COLLEGE. 11153580 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 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 0 0 0 0 0 1 0 0 0 0 1 31 0 1 159 1 0 0 0 0 0 0 0 0 0 0 X 23 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MD X STANLEY ESTREMSKY 4108439477 200 FONT HILL AVE BALTIMORE MD 212232703 ERIC S ADLER 2.00 X 0 181979 24600 EDWARD J BRODY 2.00 X 0 0 0 SYLVIA BROWN 2.00 X 0 0 0 KATIE DEL CARMEN BYRAM 2.00 X 0 0 0 JOHN H CLASTER 2.00 X 0 0 0 THE HONORABLE ELIJAH E CUMMINGS 2.00 X 0 0 0 PYPER DAVIS 2.00 X 0 111656 20356 MORTON FISHER 2.00 X 0 0 0 KELLY TUBMAN HARDY 2.00 X 0 0 0 DOUGLAS HOFFBERGER 2.00 X 0 0 0 PAULA C HOLLINGER 2.00 X 0 0 0 SONYA Y HOPSON 2.00 X 0 0 0 KARIM KHALIFA 2.00 X 0 0 0 JOHN H LAPORTE 2.00 X 0 0 0 HARRY LEBOW 2.00 X 0 0 0 KEVIN LILES 2.00 X 0 0 0 MARC E MILLER 2.00 X 0 0 0 CRAIG THOMPSON 2.00 X 0 0 0 SALLY THORNER 2.00 X 0 0 0 LYNN MORRISON VENETOULIS 2.00 X 0 0 0 RAJIV VINNAKOTA 2.00 X 0 189375 24600 Y MARIA MARTINEZ 2.00 X 0 0 0 ELEANOR WHITE 2.00 X 0 0 0 KHALEK KIRKLAND 40.00 X 100439 0 10131 STANLEY ESTREMSKY 40.00 X 110742 0 15819 211181 483010 95506 2 0 1 0 THE ABUNDANCE CATERING COMPANY 9 VERNON AVENUE GLEN BURNIE MD 21061 FOOD SERVICES 538609 WOODLAWN MOTOR COACH INC 6523 BALTIMORE NATIONAL PIKE BALTIMORE MD 21228 CHARTER BUS SERVICE 279885 ANAGO OF BALTIMORE 1406 B CRAIN HWY SOUTH STE 108 GLEN BURNIE MD 21061 CUSTODIAL SERVICES 237304 LEGAL SERVICES ASSOCIATES 407 W FRANKLIN STREET BALTIMORE MD 21201 ON-SITE SECURITY GUARD SERVICE 232007 SYLVAN LEARNING 1840 YORK ROAD UNIT D TIMONIUM MD 21093 TUTORING SERVICES 145228 22 493581 3733167 4226748 PER PUPIL ALLOCATION 900099 11008984 11008984 11008984 10154 10154 15245886 11008984 0 10154 707390 707390 4698129 4698129 214963 187018 27945 556810 483398 73412 415837 361778 54059 320538 106846 106846 106846 2811 2811 93339 93339 303463 303463 42519 42519 136747 118970 17777 2051057 1880085 170972 91678 79760 11918 707698 707698 1631311 1419241 212070 199586 27500 172086 DEPARTMENT EXPENSES 470463 470463 OTHER EXPENSES 206979 173373 33606 12851318 11153580 1590892 106846 4458847 6137252 438573 1778997 152282 161586 39968 640 36811212 2720712 33797476 34090500 702689 1201254 39589835 43370229 1004059 1242804 22784048 24855000 923871 0 24711978 26097804 X 14439284 15091817 438573 2180608 14877857 17272425 39589835 43370229 2394568 0 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 438573 3295424 1553389 2180608 802858 505608 869893 438573 223578 705430 126150 802858 348578 125000 223578 1.00000 0 0 33416034 1719541 31696493 3395178 1001171 2394007 34090500 15245886 12851318 2394568 2394568 15245886 0 15245886 0 15245886 12851318 0 12851318 0 12851318 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: AT JUNE 30, 2012, TEMPORARILY RESTRICTED NET ASSETS REPRESENTED BOTH TIME AND PURPOSE RESTRICTED AMOUNTS TO BE USED FOR GENERAL SCHOOL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2012. 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 PERCENT 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 2009. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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 X X 0 0 0 0 0 0 0 0 0 ERIC S ADLER 0 179099 0 0 0 2880 0 11212 0 13388 0 206579 0 0 RAJIV VINNAKOTA 0 186195 0 0 0 3180 0 11212 0 13388 0 213975 0 0 SUPPLEMENTAL INFORMATION PART III THE SEED SCHOOL OF MARYLAND IS RELATED TO THE SEED FOUNDATION. THE SEED FOUNDATION PROVIDES THE COMPENSATION TO ERIC ADLER 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 FACTORS 1) AN INFORMAL MARKET ANALYSIS OF COMPARABLE POSITIONS 2) WHAT THE ORGANIZATION CAN AFFORD TO PAY BASED ON IT BUDGET CONSTRAINTS. 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 145000 25000000 25000000 2012 0 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 1 BRANCH BANKING AND TRUST COMPANY 2.000000000000 0 0 0 0 0 X 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 . 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 XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. COMPENSATION DETERMINATION 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. HOURS WORKED FOR RELATED ORGANZIATION FORM 990, PART VII, COLUMN B ERIC ADLER, PYPER DAVIS, AND RAJIV VINNAKOTA ALL WORK 40 HOURS PER WEEK FOR THE SEED FOUNDATION, THE RELATED ORGANIZATION FOR WHICH THE COMPENSATION IS BEING REPORTED IN PART VII OF THE FORM 990. SEED FOUNDATION 1776 MASSACHUTSETTS AVENUE WASHINGTON DC 20036 541850819 MANAGERIAL SUPPORT AND DEVELOPMENT OF SCHOOLS DC 501(C)(3) LINE 9 N/A 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 SEED FOUNDATION E 24855000 COST SEED FOUNDATION K 296448 COST SEED FOUNDATION P 544559 COST