2011-11-15T08:34:01-06:00 2011-06-30 BRAVER PC 155 SOUTH MAIN STREET SUITE 100 PROVIDENCE RI 02903 990 2010-07-01 050519201 INTERNATIONAL CHARTER SCHOOL CORP INTE 4017210824 334 PLEASANT STREET PAWTUCKET RI 02860 JULIE NORA 4017210824 2011-09-29 1 ROBERT J CIVETTI CPA 4014212710 2010 2016-03-07 17:11:31Z JULIE NORA 334 PLEASANT STREET PAWTUCKET RI 02860 4522726 0 X WWW.INTERNATIONALCHARTERSCHOOL.ORG X 2001 RI THE MISSION OF ICS IS TO INTEGRATE THE DIVERSE LANGUAGES AND CULTURES OF THE COMMUNITIES IT SERVES BY TEACHING ALL STUDENTS IN TWO LANGUAGES-IN SPANISH AND ENGLISH OR IN PORTUGUESE AND ENGLISH-AND HELPING CHILDREN DEVELOP AN APPRECIATION OF OTHER CULTURES. CHILDREN LEARN TO WORK COLLABORATIVELY FROM THEIR MULTIPLE EXPERIENCES AND BACKGROUNDS, STRIVING TOWARDS HIGH STANDARDS OF ACADEMIC ACHIEVEMENT. EVERYONE IS PART OF A COMMUNITY OF LEARNERS, ENGAGING IN INQUIRY ABOUT THE WORLD, THEMSELVES, AND OTHERS. 9 9 76 15 0 0 33906 37847 4296774 4483230 7025 1649 0 0 4337705 4522726 0 0 0 0 3200310 3256920 0 0 0 1239270 1316287 4439580 4573207 -101875 -50481 3378433 3118991 2816328 2568553 562105 550438 X THE MISSION OF ICS IS TO INTEGRATE THE DIVERSE LANGUAGES AND CULTURES OF THE COMMUNITIES IT SERVES BY TEACHING ALL STUDENTS IN TWO LANGUAGES-IN SPANISH AND ENGLISH OR IN PORTUGUESE AND ENGLISH-AND HELPING CHILDREN DEVELOP AN APPRECIATION OF OTHER CULTURES. CHILDREN LEARN TO WORK COLLABORATIVELY FROM THEIR MULTIPLE EXPERIENCES AND BACKGROUNDS, STRIVING TOWARDS HIGH STANDARDS OF ACADEMIC ACHIEVEMENT. EVERYONE IS PART OF A COMMUNITY OF LEARNERS, ENGAGING IN INQUIRY ABOUT THE WORLD, THEMSELVES, AND OTHERS. 0 0 4108754 4483230 OPERATES A MULTI-CULTURAL, MULTI-LINGUAL ELEMENTARY SCHOOL, WITH APPROXIMATELY 310 STUDENTS IN GRADES K-5. THE CURRICULUM FEATURES A DUAL-LANGUAGE IMMERSION MODEL: ALL STUDENTS ARE TAUGHT IN ENGLISH AND EITHER SPANISH OR PORTUGUESE 4108754 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 0 0 0 0 1 15 0 76 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 1 1 0 0 X X JULIE NORA EXECUTIVE DIRECTOR 4017210824 334 PLEASANT STREET PAWTUCKET RI 02860 ADRIANA DAWSON 1.00 X 0 0 0 CINDY MAUCH 1.00 X 0 0 0 CHAD GALTS 1.00 X 0 0 0 LYNNE MALONE 1.00 X X 0 0 0 ELLEN BIGLER 1.00 X 0 0 0 FRANCIS MCMAHON 1.00 X X 0 0 0 ROBIN WARDE 1.00 X 0 0 0 MICHAEL PEARIS 1.00 X 0 0 0 ANN WANG 1.00 X 0 0 0 JULIE NORA 50.00 X 109231 0 25808 ELIZABETH MACHADO 40.00 X 0 0 0 109231 0 25808 1 0 0 0 AMS CONSULTANTS 960 TURNPIKE STREET SUITE 2A CANTON MA 02021 ACCOUNTING CONSULTANTS 220617 ARAMARK CORPORATION 1000 ELMWOOD AVENUE PROVIDENCE RI 02907 FOOD SERVICE CONTRACT 165105 2 37847 37847 TUITION AND FEES 900099 3750454 3750454 STATE/FED AID - GRANTS 900099 438508 438508 OTHER ACTIVITIES 900099 259702 259702 MEDICARE REIMBURSEMENT 900099 34566 34566 4483230 1649 1649 4522726 4483230 0 1649 135039 67520 67519 2311434 2174472 136962 184738 183614 1124 404546 386731 17815 221163 207091 14072 4079 4079 25600 25600 19189 19189 109176 91058 18118 158657 154513 4144 13141 12514 627 373 373 142155 128259 13896 CONSULTANTS 218239 76846 141393 CLASSROOM SUPPLIES 200056 197436 2620 FOOD SERVICE EXPENSES 139592 139592 LEASE EXPENSE 106738 103536 3202 FINANCING COSTS 83891 83891 95401 82119 13282 4573207 4108754 464453 0 1037395 978807 419448 61565 47457 318111 12148 21933 2787888 1225417 1678103 1562471 183882 176104 3378433 3118991 495130 351169 2145000 2080000 176198 137384 2816328 2568553 X 556973 546716 5132 3722 562105 550438 3378433 3118991 X -50481 38814 X X 0 1 1 X 1 1 X 2168878 710069 1458809 369589 343062 26527 249421 172286 77135 1562471 DEFERRED FINANCING COSTS 176104 176104 INTEREST RATE SWAP 137384 137384 4522726 4573207 -50481 38814 38814 -11667 4561540 38814 38814 4522726 0 4522726 4573207 0 4573207 0 4573207 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA. AS OF JUNE 30, 2011 AND 2010, THE ORGANIZATION DOES NOT BELIEVE THAT THEY HAVE TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF JUNE 30, 2011, THE ORGANIZATION'S INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED WITH EACH TAXING JURISDICTION. THE $38,814 REPRESENTS THE UNREALIZED INCREASE IN THE FAIR VALUE OF THE INTEREST RATE SWAP CONTRACT. 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 BY CHARTER AND CONTRACT WITH VARIOUS SCHOOL DEPARTMENTS AND THE STATE OF RHODE ISLAND, THE STUDENT BODY MUST REFLECT THE RACIAL COMPOSITION OF THE PUBLIC SCHOOL POPULATION EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT CHARGE TUITION, THEY ARE SUPPORTED BY A STATE CHARTER EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL IS SUPPORTED BY A STATE CHARTER AS WELL AS FUNDING FROM NEIGHBORING CITIES IN WHICH RESIDENTS OF THE CITY OF TOWN ATTEND THE SCHOOL. THE SCHOOL DOES NOT CHARGE TUITION TO THE ATTENDING FAMILIES. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE PERFORMS A DETAILED REVIEW OF THE 990 AND REPORTS THE RESULTS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE INTERNATIONAL CHARTER SCHOOL ANNUALLY INQUIRES WITH EACH BOARD MEMBER REGARDING ANY CONFLICTS OF INTEREST AND REQUIRES EACH SIGN A FORM TO CONFIRM THEIR RESPONSE IS ACCURATE. FORM 990, PART VI, SECTION B, LINE 15A THE INTERNATIONAL CHARTER SCHOOL BASES THE SALARY OF THE EXECUTIVE DIRECTOR ON THE INDUSTRY AVERAGE OF THE SAME POSITION IN OTHER CHARTER SCHOOLS IN RHODE ISLAND. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: INTEREST RATE SWAP VALUE 38,814. TOTAL TO FORM 990, PART XI, LINE 5: 38,814. THE PROCESS OF OVERSEEING THE AUDIT HAS REMAINED THE SAME AS THE PRIOR YEAR - THE FINANCE COMMITTEE HAS RESPONSIBILITY. INTERNATIONAL INSTITUTE OF RHODE ISLAND 645 ELMWOOD AVENUE PROVIDENCE RI 02907 050519201 IMMIGRATION AND REFUGEE SERVICES RI 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0