2013-05-09T13:08:13-05:00 2012-06-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2011-07-01 582398964 FRIENDSHIP PUBLIC CHARTER SCHOOL INC FRIE 2022811700 120 Q STREET NE NO 200 WASHINGTON DC 20002 DONALD L HENSE 2022811700 2013-04-16 1 DENNIS D THEIS CPA P00010168 5173237500 2011 2016-02-25 16:41:14Z DONALD L HENSE 120 Q STREET NE NO 200 WASHINGTON DC 20002 71255129 0 X WWW.FRIENDSHIPSCHOOLS.ORG X 1998 DC TO PROVIDE A WORLD-CLASS EDUCATION FOR STUDENTS IN GRADES PRE-K TO 12. 14 13 969 24 0 0 12810014 11368600 53548021 59744589 152324 141940 0 0 66510359 71255129 0 0 0 0 35591099 41015484 0 0 190519 27499468 27698138 63090567 68713622 3419792 2541507 93252373 95066582 75329162 74601864 17923211 20464718 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. 0 0 60345745 59744589 TO PROVIDE QUALITY INSTRUCTION FOR CHILDREN FROM PRE-KINDERGARTEN TO 12TH GRADE FOR APPROX. 4,000 STUDENTS 60345745 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 91 0 1 969 1 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X X ERIN E COVINGTON 2022811700 120 Q STREET NE SUITE 200 WASHINGTON DC 20002 CHRIS WHITTLE 5.00 X 0 0 0 ROSE GREGORY 5.00 X 0 0 0 KEVIN CHAVOUS 5.00 X 0 0 0 DARRIN L GLYMPH 5.00 X 0 0 0 CHRIS WHITE 5.00 X 0 0 0 DEBORAH M MCGRIFF 5.00 X 0 0 0 KENNETH UMANSKY 5.00 X 0 0 0 CAROL THOMPSON COLE 5.00 X 0 0 0 PATIENCE TAIT 5.00 X 0 0 0 ERIC MCKINLEY KING 5.00 X 0 0 0 STAFFORD SMILEY 5.00 X 0 0 0 TRACY GRAY 5.00 X 0 0 0 DR GREGORY PRINCE 5.00 X X 0 0 0 W EDWARD WALTER 7.50 X X 0 0 0 VICTOR E LONG 15.00 X X 0 0 0 DONALD L HENSE 40.00 X X 280412 0 8894 ERIN ELIZABETH COVINGTON 40.00 X 0 0 1416 PATRICIA A BRANTLEY 40.00 X 191799 0 6178 MICHAEL D CORDELL 40.00 X 182828 0 11276 ELLEN D DALTON 40.00 X 150690 0 3271 PEGGY I EDWARDS-JONES 40.00 X 132594 0 10082 JAMES F WALLER 40.00 X 139265 0 10209 CECELIA BRADY-HUDLEY 40.00 X 125180 0 1547 KIMBERLY CAMPBELL 40.00 X 124131 0 5898 1326899 0 58771 20 0 1 0 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 14 8662298 2706302 11368600 PUBLIC REVENUE 611600 59659218 59659218 STUDENT FEES 611600 85371 85371 59744589 141940 141940 71255129 59744589 0 141940 737620 737620 34490665 32028741 2461924 175620 150601 25019 2453136 2219763 233373 3158443 2938462 219981 136119 136119 91295 91295 9195 765 8430 2160073 1505987 481086 173000 92869 26182 54037 12650 2916869 2120256 795535 1078 147065 144346 2719 5785707 4350370 1435337 243189 183681 59508 605205 114480 490725 3724002 3724002 4345011 4345011 321977 321977 DIRECT STUDENT COSTS 4390028 4282054 107974 FOOD SERVICE 1916369 1916369 TRAINING & RECRUITMENT 516842 290694 222357 3791 CHARTER FEE 292342 292342 3981 3981 68713622 60345745 8177358 190519 2452746 2178828 5450343 5382671 394402 1290866 241195 541270 379539 91850807 25462869 67700757 66387938 9557885 12736037 3106747 3121859 3807028 3588844 93252373 95066582 6107105 7245484 2349630 1891274 52815000 51485000 250000 14057427 13730106 75329162 74601864 X 17923211 20464718 17923211 20464718 93252373 95066582 2541507 0 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4529673 4529673 25267964 5055906 20212058 48574537 11465625 37108912 9057199 5505401 3551798 4421434 3435937 985497 66387938 71255129 68713622 2541507 2541507 71255129 0 71255129 0 71255129 68713622 0 68713622 0 68713622 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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. 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 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 X X X X X 1 0 0 0 0 0 0 0 0 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 PART I, LINE 4A 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. 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 7145000 44669626 4248129 887751 2483014 14369757 26726054 2008 1 0 1 1 1250000 16095388 1088931 288152 310097 427335 13980874 2011 0 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 AEGON INSTITUTIONAL MARKETS INC 29.300000000000 1 1 1 0 0 0 0 1 0 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. W EDWARD WALTER PROPERTY PURCHASE X 250000 250000 0 1 1 250000 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. ALLOWANCE FOR RECEIVABLES: 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. OVERSIGHT OF AUDIT 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. ELECTION OUT OF BONUS DEPRECIATION 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.