FRIENDSHIP PUBLIC CHARTER SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FRIENDSHIP PUBLIC CHARTER SCHOOL (EIN 58-2398964)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-09
- IRS object ID
- 201341299349301449
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-09T13:08:13-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382157642 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANER COSTERISAN PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2425 E GRAND RIVER SUITE 1 | AddressLine1 |
| City | LANSING | City |
| State | MI | State |
| ZIP Code | 489123291 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582398964 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIENDSHIP PUBLIC CHARTER SCHOOL INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FRIE | NameControl |
| Phone | 2022811700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 Q STREET NE NO 200 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20002 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONALD L HENSE | Name |
| Title | CHAIR & CEO | Title |
| Phone | 2022811700 | Phone |
| Date Signed | 2013-04-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DENNIS D THEIS CPA | Name |
| PTIN | P00010168 | PTIN |
| Phone | 5173237500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DONALD L HENSE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 Q STREET NE NO 200 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 71255129 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.FRIENDSHIPSCHOOLS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1998 | YearFormation |
| State Legal Domicile | DC | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE A WORLD-CLASS EDUCATION FOR STUDENTS IN GRADES PRE-K TO 12. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 969 | TotalNbrEmployees |
| Total Nbr Volunteers | 24 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 12810014 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 11368600 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 53548021 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 59744589 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 152324 | InvestmentIncomePriorYear |
| Investment Income Current Year | 141940 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 66510359 | TotalRevenuePriorYear |
| Total Revenue Current Year | 71255129 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 35591099 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 41015484 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 190519 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 27499468 | OtherExpensePriorYear |
| Other Expenses Current Year | 27698138 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 63090567 | TotalExpensesPriorYear |
| Total Expenses Current Year | 68713622 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3419792 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2541507 | RevenuesLessExpensesCY |
| Total Assets BOY | 93252373 | TotalAssetsBOY |
| Total Assets EOY | 95066582 | TotalAssetsEOY |
| Total Liabilities BOY | 75329162 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 74601864 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 17923211 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 20464718 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE A WORLD-CLASS EDUCATION THAT MOTIVATES STUDENTS TO ACHIEVE HIGH ACADEMIC STANDARDS, ENJOY LEARNING AND DEVELOP AS ETHICAL, LITERATE, WELL-ROUNDED AND SELF-SUFFICIENT CITIZENS THAT CONTRIBUTE ACTIVELY TO THEIR COMMUNITIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 60345745 | Expense |
| Revenue | 59744589 | Revenue |
| Description | TO PROVIDE QUALITY INSTRUCTION FOR CHILDREN FROM PRE-KINDERGARTEN TO 12TH GRADE FOR APPROX. 4,000 STUDENTS | Description |
| Total Program Service Expense | 60345745 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 91 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 969 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ERIN E COVINGTON | NamePerson |
| Telephone Number | 2022811700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 Q STREET NE SUITE 200 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20002 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| CHRIS WHITTLE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| ROSE GREGORY | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| KEVIN CHAVOUS | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| DARRIN L GLYMPH | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| CHRIS WHITE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| DEBORAH M MCGRIFF | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| KENNETH UMANSKY | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| CAROL THOMPSON COLE | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| PATIENCE TAIT | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| ERIC MCKINLEY KING | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| STAFFORD SMILEY | ||||||||
| TRUSTEE (THROUGH DECEMBER 2011) | 5.00 | X | 0 | 0 | 0 | |||
| TRACY GRAY | ||||||||
| TRUSTEE (THROUGH DECEMBER 2011) | 5.00 | X | 0 | 0 | 0 | |||
| DR GREGORY PRINCE | ||||||||
| VICE CHAIR | 5.00 | X | 0 | 0 | 0 | X | ||
| W EDWARD WALTER | ||||||||
| TREASURER | 7.50 | X | 0 | 0 | 0 | X | ||
| VICTOR E LONG | ||||||||
| SECRETARY | 15.00 | X | 0 | 0 | 0 | X | ||
| DONALD L HENSE | ||||||||
| CHAIR & CEO | 40.00 | X | 280412 | 0 | 8894 | X | ||
| ERIN ELIZABETH COVINGTON | ||||||||
| CFO (EMPLOYED IN 2012) | 40.00 | 0 | 0 | 1416 | X | |||
| PATRICIA A BRANTLEY | ||||||||
| COO | 40.00 | 191799 | 0 | 6178 | X | |||
| MICHAEL D CORDELL | ||||||||
| CAO | 40.00 | 182828 | 0 | 11276 | X | |||
| ELLEN D DALTON | ||||||||
| GENERAL COUNSEL | 40.00 | 150690 | 0 | 3271 | X | |||
| PEGGY I EDWARDS-JONES | ||||||||
| HEAD PRINCIPAL | 40.00 | 132594 | 0 | 10082 | X | |||
| JAMES F WALLER | ||||||||
| DEPUTY CHIEF FOR SCHOOL EXCELLENCE | 40.00 | 139265 | 0 | 10209 | X | |||
| CECELIA BRADY-HUDLEY | ||||||||
| DIRECTOR OF GEAR UP | 40.00 | 125180 | 0 | 1547 | X | |||
| KIMBERLY CAMPBELL | ||||||||
| CHIEF OF STAFF | 40.00 | 124131 | 0 | 5898 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1326899 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 58771 | TotalOtherCompensation |
| Number Individuals GT100 K | 20 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BUSY BEE ENVIRONMENTAL SERVICE | |||||
| 7826 EASTERN AVE NW 503 | WASHINGTON | DC | 20012 | BUILDING ENGINEER & MAINTENANCE | 3636890 |
| TURNER CONSTRUCTION COMPANY | |||||
| 375 HUDSON STREET | NEW YORK | NY | 10014 | CONSTRUCTION | 1018908 |
| URBAN TEACHER CENTER INC | |||||
| 1500 UNION AVENUE SUITE 2200 | BALTIMORE | MD | 21211 | TEACHER SERVICES | 387792 |
| GEORGE WASHINGTON UNIVERSITY | |||||
| 800 21 STREET NW | WASHINGTON | DC | 20052 | TEACHER SERVICES | 305863 |
| AUTOMATIC DATA PROCESSING INC | |||||
| 1851 N RESTLER DRIVE | EL PASO | TX | 79912 | HUMAN RESOURCE/PAYROLL SERVICES | 254276 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 14 | NumberOfContractorsGT100K |
| Government Grants | 8662298 | GovernmentGrants |
| All Other Contributions | 2706302 | AllOtherContributions |
| Total Contributions | 11368600 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PUBLIC REVENUE | 611600 | 59659218 | 59659218 |
| STUDENT FEES | 611600 | 85371 | 85371 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 59744589 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 141940 | TotalRevenueColumn |
| Exclusion | $141,940 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 71255129 | TotalRevenueColumn |
| Related Or Exempt Function Income | 59744589 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $141,940 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 737620 | Total |
| Management And General | 737620 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34490665 | Total |
| Program Services | 32028741 | ProgramServices |
| Management And General | 2461924 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175620 | Total |
| Program Services | 150601 | ProgramServices |
| Management And General | 25019 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2453136 | Total |
| Program Services | 2219763 | ProgramServices |
| Management And General | 233373 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3158443 | Total |
| Program Services | 2938462 | ProgramServices |
| Management And General | 219981 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136119 | Total |
| Management And General | 136119 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91295 | Total |
| Management And General | 91295 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9195 | Total |
| Program Services | 765 | ProgramServices |
| Management And General | 8430 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2160073 | Total |
| Program Services | 1505987 | ProgramServices |
| Management And General | 481086 | ManagementAndGeneral |
| Fundraising | 173000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92869 | Total |
| Program Services | 26182 | ProgramServices |
| Management And General | 54037 | ManagementAndGeneral |
| Fundraising | 12650 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2916869 | Total |
| Program Services | 2120256 | ProgramServices |
| Management And General | 795535 | ManagementAndGeneral |
| Fundraising | 1078 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147065 | Total |
| Program Services | 144346 | ProgramServices |
| Management And General | 2719 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5785707 | Total |
| Program Services | 4350370 | ProgramServices |
| Management And General | 1435337 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243189 | Total |
| Program Services | 183681 | ProgramServices |
| Management And General | 59508 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 605205 | Total |
| Program Services | 114480 | ProgramServices |
| Management And General | 490725 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3724002 | Total |
| Program Services | 3724002 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4345011 | Total |
| Program Services | 4345011 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 321977 | Total |
| Management And General | 321977 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| DIRECT STUDENT COSTS | 4390028 | 4282054 | 107974 | |
| FOOD SERVICE | 1916369 | 1916369 | ||
| TRAINING & RECRUITMENT | 516842 | 290694 | 222357 | 3791 |
| CHARTER FEE | 292342 | 292342 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3981 | Total |
| Program Services | 3981 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68713622 | Total |
| Program Services | 60345745 | ProgramServices |
| Management And General | 8177358 | ManagementAndGeneral |
| Fundraising | 190519 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2452746 | BOY |
| EOY | 2178828 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5450343 | BOY |
| EOY | 5382671 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 394402 | BOY |
| EOY | 1290866 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241195 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 541270 | BOY |
| EOY | 379539 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 91850807 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 25462869 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67700757 | BOY |
| EOY | 66387938 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9557885 | BOY |
| EOY | 12736037 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3106747 | BOY |
| EOY | 3121859 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3807028 | BOY |
| EOY | 3588844 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93252373 | BOY |
| EOY | 95066582 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6107105 | BOY |
| EOY | 7245484 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2349630 | BOY |
| EOY | 1891274 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52815000 | BOY |
| EOY | 51485000 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 250000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14057427 | BOY |
| EOY | 13730106 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75329162 | BOY |
| EOY | 74601864 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17923211 | BOY |
| EOY | 20464718 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17923211 | BOY |
| EOY | 20464718 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93252373 | BOY |
| EOY | 95066582 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 2541507 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4529673 | OtherCostOrOtherBasis |
| Book Value | 4529673 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 25267964 | OtherCostOrOtherBasis |
| Depreciation | 5055906 | Depreciation |
| Book Value | 20212058 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 48574537 | OtherCostOrOtherBasis |
| Depreciation | 11465625 | Depreciation |
| Book Value | 37108912 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9057199 | OtherCostOrOtherBasis |
| Depreciation | 5505401 | Depreciation |
| Book Value | 3551798 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4421434 | OtherCostOrOtherBasis |
| Depreciation | 3435937 | Depreciation |
| Book Value | 985497 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 66387938 | TotalOfBookValueLandBuildings |
| Total Revenue | 71255129 | TotalRevenue |
| Total Expenses | 68713622 | TotalExpenses |
| Excess Or Deficit For Year | 2541507 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 2541507 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 71255129 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 71255129 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 71255129 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 68713622 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 68713622 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 68713622 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | IN PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. | Explanation |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | PUBLICIZED IN RECRUITMENT LITERATURE, FLYERS IN PUBLIC PLACES, PRINT AND ELECTRONIC MEDIA. INFORMATION IS AVAILABLE IN ENGLISH AS WELL AS OTHER LANGUAGES, AS APPROPRIATE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | US DEPT OF AGRICULTURE: PASSED THROUGH STATE AGENCY FOR SPECIAL NUTRITION AND COMMODITY PROGRAMS: CHILD NUTRITION CUSTER $ 989,239 OTHER 242,232 US DEPT OF EDUCATION: GEAR UP 220,586 PASSED THROUGH DC PUBLIC SCHOOLS: TITLE I CLUSTER $ 2,885,408 TITLE II 674,631 EDUCATING HOMELESS CHILDREN & YOUTH 45,347 PERKINS - CAREER TECHNICAL EDUCATION 224,651 SPECIAL EDUCATION CTR 620,057 RACE TO THE TOP 877,461 OTHER GRANTS 121,241 PASSED THROUGH PUBLIC CHARTER SCHOOLS: OTHER GRANTS 141,811 US DIRECT CONGRESSIONAL APPROPRIATIONS 1,141,209 TOTAL FEDERAL AWARDS $ 8,183,873 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DONALD L HENSE | |||||||||||||
| 280412 | 0 | 0 | 0 | 0 | 0 | 5200 | 0 | 3694 | 0 | 289306 | 0 | 0 | 0 |
| PATRICIA A BRANTLEY | |||||||||||||
| 191799 | 0 | 0 | 0 | 0 | 0 | 2600 | 0 | 3578 | 0 | 197977 | 0 | 0 | 0 |
| MICHAEL D CORDELL | |||||||||||||
| 182828 | 0 | 0 | 0 | 0 | 0 | 1300 | 0 | 9976 | 0 | 194104 | 0 | 0 | 0 |
| ELLEN D DALTON | |||||||||||||
| 150690 | 0 | 0 | 0 | 0 | 0 | 3000 | 0 | 271 | 0 | 153961 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4A | ReturnReference |
| Explanation | MICHAEL D. CORDELL RECEIVED GROSS PAY OF $50,219.89, DEFERRED COMPENSATION OF $300, AND BENEFITS OF $2,574.78 BETWEEN JULY 1, 2012 AND SEPTEMBER 30, 2012 FOR HIS SEPARATION AGREEMENT DATED JUNE 30, 2012. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| DISTRICT OF COLUMBIA | |||||||
| 536001131 | 254839G80 | 2003-11-12 | 44372708 | FINANCE ACQUISITION,CONSTRUCTION,& RENOVATION OF FACILITIES; REFINANCE DEBT | 0 | 0 | 0 |
| DISTRICT OF COLUMBIA | |||||||
| 536001131 | 254839M75 | 2006-12-28 | 15483777 | FINANCE EQUIPMENT AND EXPANSION OF BUILDING. | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Capitalized InterestCapitalizedInterest |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7145000 | 44669626 | 4248129 | 887751 | 2483014 | 14369757 | 26726054 | 2008 | 1 | 0 | 1 | 1 | |
| 1250000 | 16095388 | 1088931 | 310097 | 427335 | 13980874 | 2011 | 0 | 0 | 1 | 1 | 288152 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line2NameOfGICProvider/BusinessNameLine2 | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| AEGON INSTITUTIONAL | ||||||||
| 0 | 0 | 0 | 1 | MARKETS INC | 29.300000000000 | 1 | 1 | 1 |
| (no name) | ||||||||
| 0 | 0 | 0 | 0 | 1 | 0 | |||
Form990 Schedule K Part VI Form990ScheduleKPartVI (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PART II (3) | SERIES 2003 BONDS | THE DIFFERENCE BETWEEN PART 1 (E) AND PART II (3) IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. |
| PART II (14) | SERIES 2003 BONDS | THE BONDS REFUND THE BORROWER'S TAXABLE OBLIGATIONS (THE "REFUNDED DEBT"), INCLUDING NOTES FROM EDISON SCHOOLS, INC. (DATED NOVEMBER 5, 2001), BANK OF AMERICA (DATED NOVEMBER 8, 2000), AND EDISON SCHOOLS, INC.(DATED NOVEMBER 8, 2000). THE REFUNDED DEBT, IN PART, REFUNDED A NOTE FROM THE EDISON PROJECT INC. (DATED JULY 26, 1999). |
| PART II (3) | SERIES 2006 BONDS | THE DIFFERENCE BETWEEN PART I (E) AND PART II (3) IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | W EDWARD WALTER | NamePerson |
| Purpose Of Loan | PROPERTY PURCHASE | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $250,000 | OriginalPrincipalAmount |
| Balance Due | 250000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 250000 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD CHAIR/CEO AND THE HEAD OF THE FINANCE COMMITTEE REVIEW THE 990 ONCE IT IS COMPLETED PRIOR TO BEING FILED. AT THAT TIME, THE FULL FINANCE COMMITTEE AND BOARD OF DIRECTORS IS GIVEN THE OPPORTUNITY TO REVIEW THE 990. AFTER ANY ISSUES ARE ADDRESSED OR CORRECTED, THE CEO SIGNS AND FILES THE RETURN. | |
| FORM 990, PART VI, SECTION B, LINE 12C | PERIODIC REVIEWS ARE DONE BY THE CHIEF OPERATING OFFICER, THE CHIEF FINANCIAL OFFICER, THE DIRECTOR OF HUMAN RESOURCES, AND THE PROCUREMENT MANAGER ON VENDOR AND FAMILY RELATIONSHIPS IN REGARDS TO EMPLOYMENT, CONTRACTS AND OTHER AGREEMENTS ENTERED ON BEHALF OF FRIENDSHIP PUBLIC CHARTER SCHOOL. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION DETERMINES COMPENSATION BY FORMAL AND INFORMAL COMPARATIVE COMPENSATION STUDIES, WHICH INCLUDES A REVIEW OF CHARTER SCHOOLS OF SIMILAR SIZE/COMPLEXITY, OTHER NON PROFITS, AND EDUCATIONAL INSTITUTIONS. THE COMPENSATION PROCESS IS HEADED BY THE FINANCE COMMITTEE, AND THEY SUBMIT THEIR RECOMMENDATIONS TO THE BOARD FOR APPROVAL. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION THROUGH THE PUBLIC CHARTER SCHOOL BOARD, STATE EDUCATION AGENCIES, GUIDESTAR, AND UPON REQUEST. | |
| FORM 990: | THE CENTER FOR YOUTH AND FAMILY INVESTMENT (THE CENTER), A 501(C)(3) ENTITY, WAS ORGANIZED TO HELP YOUTH IN AREA PUBLIC CHARTER SCHOOLS INCLUDING THE CHARTER. THE CHARTER UTILIZED THE CENTER FOR EXTENDED LEARNING AND CERTAIN GRANT SERVICES. AS OF 6/30/2012 THE BALANCE FOR NOTES RECEIVABLE WAS $341,195 AND THE BALANCE FOR ACCOUNTS RECEIVABLE AND ADVANCES WAS $724,701. AS OF 6/30/2012, AN ALLOWANCE FOR 100% OF THESE RECEIVABLE BALANCES WAS ESTABLISHED. | ALLOWANCE FOR RECEIVABLES: |
| FORM 990, PART XII, LINE 2C | FRIENDSHIP PUBLIC CHARTER SCHOOL, INC. HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | OVERSIGHT OF AUDIT |
| FORM 4562 | EMPLOYER IDENTIFICATION NUMBER: 58-2398964 FOR THE YEAR ENDING JUNE 30, 2012: FRIENDSHIP PUBLIC CHARTER SCHOOL, INC. , HEREBY ELECTS, PURSUANT TO IRC SEC. 168(K)(2)(D)(III), NOT TO CLAIM THE ADDITIONAL 50% DEPRECIATION ALLOWABLE UNDER IRC SEC. 168(K) FOR THE FOLLOWING QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDING JUNE 30, 2012. ALL PROPERTY IN THE 3, 5 & 20 YEAR CLASS. SEE ATTACHED FORM 4562. | ELECTION OUT OF BONUS DEPRECIATION |