2012-03-13T09:22:36-05:00 2011-06-30 PHILLIPS & ASSOCIATES LLC 15825 SHADY GROVE ROAD SUITE 40 ROCKVILLE MD 20850 990 2010-07-01 522139528 Paul Public Charter School Inc PAUL 2022917499 5800 8th Street NW Washington DC 20011 Kathleen O Geary 2022917499 2012-01-31 1 Andrew Phillips CPA 3015193280 2011-12-23 X 2010 2016-02-24 21:20:13Z Kathleen O Geary 5800 8th Street NW Washington DC 20011 9129002 0 X www.paulcharter.org X 2000 DC Operates a DC public charter school for grades 6 through 9 12 12 121 0 0 0 10036949 8925461 79854 48550 113978 154991 0 0 10230781 9129002 0 0 0 0 6117756 6046469 0 0 46005 2975786 3302395 9093542 9348864 1137239 -219862 7932176 8725709 2015178 2957841 5916998 5767868 X The goal of the school is to provide the intellectually challenging experiences required to develop independent, productive, and responsible individuals, who will learn to love learning, will be taught to think critically, and who will demonstrate that they understand the importance of taking active roles in community life. 0 0 8133203 48550 Operated a public charter school for approximately 560 students in grades six through nine 8133203 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 0 1 58 0 121 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X X The Organization 2022917499 5800 8th Street NW Washington DC 20011 KATHLEEN O GEARY 2.00 X 0 0 0 DANA CARLIS 2.00 X 0 0 0 CHIEF KENNETH ELLERBE 2.00 X 0 0 0 Mannone Butler 2.00 X 0 0 0 Dennis Campbell 2.00 X X 0 0 0 RICKEY GREEN 2.00 X 0 0 0 jim moss 2.00 X X 0 0 0 HASHIM HASSAN 2.00 X 0 0 0 BERNARD JARVIS 2.00 X 0 0 0 Sterling A Ward 2.00 X 0 0 0 COURTNEY RAY 2.00 X 0 0 0 LESLIE WARD 2.00 X X 0 0 0 JAMI DUNHAM 40.00 X X 112530 0 8939 KIMBERLY SPRIGGS 40.00 X X 104920 0 6132 217450 0 15071 2 0 0 0 0 8797603 127858 8925461 Food Service 900099 33329 33329 sales and Activity Fee 900099 15221 15221 48550 154991 154991 9129002 48550 0 154991 232521 198829 32506 1186 4809831 4112991 672653 24187 239320 204648 33468 1204 389446 333023 54463 1960 375351 321435 51716 2200 15143 13174 1895 74 15600 13571 1952 77 475202 465869 8980 353 201230 176480 24083 667 114303 99440 14301 562 1208797 1051614 151235 5948 67638 57334 4932 5372 23829 20731 2981 117 345153 300272 43183 1698 81223 70661 10162 400 FOOD SERVICE 246330 242938 3392 SUPPLIES 224393 176761 47632 other student costs 109409 109409 PROFESSIONAL DEVELOPMEN 92763 82910 9853 ADMIN FEES 37597 37597 43785 43516 269 9348864 8133203 1169656 46005 260501 427979 847831 1071994 3166 8436 42586 66786 5822150 1895904 3777077 3926246 3001015 3224268 7932176 8725709 1022273 1391427 156108 250024 774006 1270008 62791 46382 2015178 2957841 X 5908833 5764703 8165 3165 5916998 5767868 7932176 8725709 X -219862 70732 X 0 1 1 X 1 1 X 287650 93040 194610 3645385 501708 3143677 1884615 1301156 583459 4500 4500 3926246 capital lease payable 46382 46382 9129002 9348864 -219862 70732 70732 -149130 9199734 70732 70732 9129002 0 9129002 9348864 0 9348864 0 9348864 Description of Uncertain Tax Positions Under FIN 48: Part X: The School adopted the provisions of FASB ASC 740, Accounting for Uncertainty in Income Taxes, which requires that a tax position be recognized on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The implementation of FASB ASC 740 had no impact on the School's audited financial statements. The School does not believe their financial statements include (or reflect) any uncertain tax positions. 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 includes a statement of its racially nondiscriminatory policy as to students in its brochures and catalogs dealing with student admissions and programs Explanation of Government Financial Assistance Schedule E, Part I, Line 6 DC local appropriations $7,377,289 Federal entitlement programs 1,173,238 USDA school lunch program 107,076 Congressional appropriations 140,000 Form 990, Part VI, Section B, line 11 The Form 990 is reviewed and approved by the Finance Committee of the Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c The board of directors monitors any potential conflict of interest issues on a current basis and enforces compliance with the policy. Form 990, Part VI, Section B, line 15a The personnel committee of the board reviews and approves the compensation of the head of school using comparability data, and contemporaneously documents the deliberation and decision in the minutes of the meeting. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 70,732.