2023-12-22T14:05:52-06:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-07-01 135600423 STATEN ISLAND ACADEMY STAT 7189878100 715 TODT HILL RD STATEN ISLAND NY 10304 EILEEN CORIGLIANO HEAD OF SCHOOL 7189878100 2023-05-15 1 EILEEN CORIGLIANO XXX-XX-XXXX GARRETT M HIGGINS P00543209 9143818900 2023-12-20 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X EILEEN CORIGLIANO 715 TODT HILL RD STATEN ISLAND NY 10304 17753983 0 X STATENISLANDACADEMY.ORG X 1908 NY STATEN ISLAND ACADEMY (SIA) IS AN INDEPENDENT, CO-EDUCATIONAL, COLLEGE PREP SCHOOL FOR PRE-K THROUGH GRADE 12. 16 14 173 250 4409 0 609687 1931971 11674643 13395004 45520 1562735 70170 125908 12400020 17015618 2724192 3206827 0 0 8424937 8892296 0 0 437373 1955332 2792317 13104461 14891440 -704441 2124178 27282336 26517766 7725301 7458877 19557035 19058889 X THE MISSION OF STATEN ISLAND ACADEMY'S PATRICK ACADEMIC RESOURCE CENTER (PARC) IS TO SUPPORT OUR LEARNING COMMUNITY-AT-LARGE BY ENSURING THAT ALL STUDENTS ARE ASSISTED IN PURSUIT OF THEIR GOALS OF INTELLECTUAL CHALLENGE, ACADEMIC INDEPENDENCE AND TO BECOME LIFELONG LEARNERS. 0 0 10477800 3206827 12340496 EDUCATIONAL PROGRAM - SIA PROVIDES A COMPREHENSIVE COLLEGE PREPARATORY PROGRAM TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH 12. IN ADDITION TO EXTENSIVE ACADEMIC OFFERINGS RANGING FROM LATIN TO CALCULUS, THE PROGRAM INCLUDES EXTRACURRICULAR ACTIVITIES SUCH AS ATHLETICS, CLUBS, OVERNIGHT TRIPS, AND BEFORE AND AFTER SCHOOL CHILD CARE. THE PATRICK ACADEMIC RESOURCE CENTER (PARC) WAS LAUNCHED IN SEPTEMBER 2013. IT IS A CUSTOM-DESIGNED, FULLY EQUIPPED RESOURCE CENTER STAFFED BY 2 FULL-TIME LEARNING SPECIALISTS. IT SUPPORTS AND REFLECTS AWARENESS OF DIVERSELEARNING STYLES SERVING STUDENTS FROM PRE-K THROUGH GRADE 12. 631396 1046377 SUMMER PROGRAM - SIA OFFERS ACADEMIC ENRICHMENT OPPORTUNITIES IN THE TALENTED AND GIFTED PROGRAM. OUR GENERAL SUMMER PROGRAM RUNS FROM LATE JUNE THROUGH LATE AUGUST AND SERVES CHILDREN AGES 3-15. THE SUMMER PROGRAM INCLUDES HEALTH, FITNESS, SCIENCE, MATH, WRITING, COMPUTERS, AND RECREATION. 59976 8131 AFTER SCHOOL PROGRAM - SIA OFFERS AN EXTENDED DAY PROGRAM FOR STUDENTS IN PRE-K THROUGH GRADE 8 BEFORE AND AFTER THE REGULAR SCHOOL DAY. STUDENTS MAY ALSO REGISTER FOR ADVENTURES SESSIONS FOR A FEE. THE PROGRAMS PROVIDE AFTER SCHOOL CARE, HOMEWORK HELP, ENRICHMENT, AND RECREATIONAL CLASSES AFTER THE REGULAR SCHOOL DAY. 11169172 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 52 0 173 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X X EILEEN CORIGLIANO 7189878100 715 TODT HILL RD STATEN ISLAND NY 10304 X JOSEPH PUMA PRESIDENT 1.00 X X 0 0 0 ALLISON FACTOR VICE PRESIDENT 1.00 X X 0 0 0 ANGELA ARDOLIC TREASURER 1.00 X X 0 0 0 JULIO VINCENT GAMBUTO SECRETARY 1.00 X X 0 0 0 ROBERT ANNICHARICO TRUSTEE 1.00 X 0 0 0 LORENZO ANSUINI TRUSTEE 1.00 X 0 0 0 VICTOR P AVIS TRUSTEE 1.00 X 0 0 0 JAMES BARBARIA TRUSTEE, THRU FY2022 1.00 X 0 0 0 ELIZABETH BIFULCO TRUSTEE 1.00 X 0 0 0 STEVEN I CAPLAN TRUSTEE, THRU FY2022 1.00 X 0 0 0 JOAN CUSACK TRUSTEE 1.00 X 0 0 0 ERIC DELACRUZ TRUSTEE 1.00 X 0 0 0 MARK GLADSTEIN TRUSTEE, THRU FY2022 1.00 X 0 0 0 TIMOTHY C HARRISON TRUSTEE 1.00 X 0 0 0 ROBERT KLEINAU TRUSTEE, THRU FY2022 1.00 X 0 0 0 MARINA MUNDY TRUSTEE, THRU FY2022 1.00 X 0 0 0 ANITA W LAREMONT TRUSTEE 1.00 X 0 0 0 DENISE ROSSILLI TRUSTEE 1.00 X 0 0 0 MICHELLE SAVINO TRUSTEE/TEACHER 40.00 X 56255 0 2813 BHARATH SITHIAN TRUSTEE 1.00 X 0 0 0 DAMIAN SLATTERY TRUSTEE, THRU FY2022 1.00 X 0 0 0 FRANK SCARANGELLO TRUSTEE 1.00 X 0 0 0 JACQUELINE ANZUREZ CFO, THRU FEB 2022 40.00 X 173937 0 56255 ALBERT CAUZ HEAD OF SCHOOL, THRU JUNE 2022 40.00 X 442329 0 626604 EILEEN CORIGLIANO HEAD OF SCHOOL 40.00 X 221123 0 28119 DAVID GORDON DIRECTOR OF PARC 40.00 X 113420 0 6087 CAROLINE CRANE DIRECTOR OF ADMISSIONS 40.00 X 119502 0 21825 FRANK CRANE HEAD OF UPPER SCHOOL 40.00 X 122337 0 33017 DARLENE CROWE DIR. OF ATHLETICS & CAMP 40.00 X 121002 0 15699 ARTHUR GRINEV DIRECTOR OF IT 40.00 X 149167 0 9833 1519072 0 800252 13 0 1 0 RAMPULA ASSOCIATES ARCHITECTS 155 THIRD STREET STATEN ISLAND NY 10306 ARCHITECT SERVICES 267575 BOB MIMS HEATING & COOLING 6326 AMBOY ROAD STATEN ISLAND NY 10309 HVAC CONTRACTOR 227545 MONPOG LLC 64 BERRY AVE STATEN ISLAND NY 10312 FOOD SERVICE - CAFETERIA 138321 3 164383 1396000 371588 139378 1931971 TUITION FEES 611710 12340496 12340496 SUMMER CAMP 611710 1046377 1046377 AFTER SCHOOL PROGRAM 611710 8131 8131 13395004 1812 1536 276 46415 0 46415 46415 46415 2125673 2000 566750 0 1558923 2000 1560923 2873 1558050 152875 164383 161615 -8740 -8740 25600 10000 15600 15600 MISCELLANEOUS 900099 52033 52033 TRANSPORTATION 900099 20600 20600 72633 17015618 13395004 4409 1684234 3206827 3206827 1186944 843586 298370 44988 103176 103176 6062324 4291230 1539039 232055 234326 163826 60417 10083 813824 560298 217602 35924 491702 346061 125114 20527 215636 215636 230791 230791 32158 32158 86905 41135 45546 224 100598 3261 81723 15614 354573 182015 132496 40062 67067 67067 248677 217860 29157 1660 206021 204071 1950 1125 1125 333790 292354 39205 2231 181820 159479 21138 1203 EDUCATIONAL SUPPLIES 204277 204277 REPAIRS AND MAINTENANCE 184212 163484 19660 1068 FOOD EXPENSES 153199 76170 68304 8725 MISC EXPENSES 78209 64063 14146 113259 42995 63351 6913 14891440 11169172 3284895 437373 7986785 10826789 2189955 2103566 719304 403952 76435 152023 182728 113537 12823927 8136144 4724885 4687783 10913548 7796685 488408 431020 288 2411 27282336 26517766 1098008 1836468 4112449 4529027 2514844 1093382 7725301 7458877 X 15167451 14674859 4389584 4384030 19557035 19058889 27282336 26517766 2124178 -2622324 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11559087 18300 -105931 40616 11430840 734561 15100 178837 5531 922967 710991 15201 11326 2957 734561 633647 25300 55112 3068 710991 574389 574389 0.68670 0.31330 0 0 92415 92415 8507432 5075287 3432145 2239653 1960677 278976 1984427 1100180 884247 4687783 PAYCHECK PROTECTION PROGRAM LOAN 1081212 CAPITAL LEASES 12170 1093382 X 11069279 -2622324 -2622324 13691603 32158 3291857 3324015 17015618 11567425 0 11567425 32158 3291857 3324015 14891440 PART V, LINE 4: THE ACADEMY'S ENDOWMENT SHALL BE USED FOR THE FACULTY EDUCATION ATHLETIC MEMORIAL AND SCHOLARSHIP PROGRAM. PART X, LINE 2: THE ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ACADEMY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ACADEMY IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOD TO JUNE 30, 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2 3,206,827. TUITION REMISSION REPORTED ON PART IX, LINE 9 85,030. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2 3,206,827. TUITION REMISSION REPORTED ON PART IX, LINE 9 85,030. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL POSTS ITS NONDISCRIMINATORY POLICY ON ITS HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED FUNDING FROM THE U.S. SMALL BUSINESS ADMINISTRATION. BOURBON & BOWTIES 258518 130943 127575 26860 100329 GOLF OUTING 58740 33440 25300 5430 22900 1800 4296 317258 164383 152875 5430 49760 1800 104625 161615 -8740 25600 10000 1 1.00000 25600 10000 10000 15600 NY 1 0 0 0 1.00000 TERESA PELOSI 715 TODT HILL ROAD STATEN ISLAND NY 10304 0 TERESA PELOSI 1827 TERESA PELOSI'S RESPONSIBILITIES INCLUDE RECORDKEEPING, MONEY COUNTING, AND MAKING THE BANK DEPOSITS FOR THE GAMING OPERATION. X 0 1 MERIT SCHOLARSHIPS 41 995665 TUITION DISCOUNTS 43 51491 FINANCIAL AID 129 2159671 PART I, LINE 2: STATEN ISLAND ACADEMY FOLLOWS SPECIFIC GUIDELINES, POLICIES, AND PROCEDURES TO DETERMINE NEED BASED FINANCIAL AID AWARDS, SCHOLARSHIPS, AND FACULTY GRANTS. AWARDS BASED ON FINANCIAL NEED ARE DETERMINED BY ASSESSMENT OF THE 555 APPLICATION, TAX RETURNS, AND RELATED FINANCIAL DOCUMENTATION. SCHOLARSHIPS ARE DETERMINED BY ASSESSMENT OF PERFORMANCE ON THE SCHOLARSHIP EXAM AND THEN ADMISSIONS APPLICATION. THE FINANCIAL AID COMMITTEE DETERMINES SCHOLARSHIP RECIPIENTS. FACULTY GRANTS ARE SUBJECT TO SCHOOL POLICY APPROVED BY THE BOARD OF TRUSTEES. X X 0 0 X X X X 1 0 0 0 0 0 0 1 0 ALBERT CAUZ HEAD OF SCHOOL, THRU JUNE 2022 390829 0 32000 0 19500 0 527730 0 98874 0 1068933 0 0 0 EILEEN CORIGLIANO HEAD OF SCHOOL 221123 0 0 0 0 0 11307 0 16812 0 249242 0 0 0 JACQUELINE ANZUREZ CFO, THRU FEB 2022 173937 0 0 0 0 0 9772 0 46483 0 230192 0 0 0 ARTHUR GRINEV DIRECTOR OF IT 149167 0 0 0 0 0 7564 0 2269 0 159000 0 0 0 FRANK CRANE HEAD OF UPPER SCHOOL 122337 0 0 0 0 0 6554 0 26463 0 155354 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, ALBERT CAUZ, THE HEAD OF SCHOOL, MAINTAINS A PRINCIPAL RESIDENCE ON CAMPUS WHICH IS INCLUDED AS PART OF HIS NONTAXABLE BENEFITS. THE SCHOOL ALSO PROVIDED THE HEAD OF SCHOOL'S RESIDENCE WITH HOUSEHOLD SERVICES AND UPKEEP, INCLUDING MAINTENANCE AND REPAIRS, CLEANING, UPKEEP OF THE GROUNDS, UTILITIES AND OTHER SIMILAR EXPENDITURES. THE HOUSING AND THE UPKEEP OF THE RESIDENCE IS NONTAXABLE TO THE INDIVIDUAL. THE VALUE OF THE HOUSING WAS $48,000 FOR CALENDAR YEAR 2021. PART I, LINE 4A JACQUELINE ANZURE CFO RECIEVED SEVERANCE PAYMENT OF $70,000. PART I, LINE 7 THE ORGANIZATION PAID DISCRETIONARY BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B(II) FOR THE APPLICABLE INDIVIDUALS. 15000 TUITION ASSISTANCE FINANCIAL AID JAMIE SAVINO-MAZELLA FAMILY MEMBER OF A BOARD MEMBER 103176 EMPLOYMENT 0 X 3 139378 AVG. SELLING PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B STATEN ISLAND ACADEMY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE FINANACE COMMITTEE FOR APPROVAL. ONCE THE COMMITTEE HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ELECTION OR APPOINTMENT OF ANY BOARD MEMBER AND OFFICERS, THEY SHALL DISCLOSE IN WRITING, TO THE BEST OF THEIR KNOWLEDGE, ANY INTEREST IN ANY CORPORATION OR OTHER ORGANIZATION WHICH PROVIDES GOODS OR PROFESSIONAL OR OTHER SERVICES TO THE ACADEMY FOR A FEE OR OTHER COMPENSATION. A COPY OF EACH DISCLOSURE STATEMENT SHALL BE AVAILABLE TO ANY TRUSTEE OF THE ACADEMY ON REQUEST. IF AT ANY TIME DURING HIS OR HER TERM OF SERVICE A MEMBER HAS ANY INTEREST WHICH MAY POSE A CONFLICT OF INTEREST, HE OR SHE SHALL PROMPTLY DISCLOSE THE MATERIAL FACTS OF THAT INTEREST IN WRITING TO THE PRESIDENT OF THE BOARD AND CHAIR OF ANY BOARD COMMITTEE, IF ANY, FUNCTIONING AS THE AUDIT COMMITTEE OF THE BOARD. WHEN ANY MATTER IN WHICH A MEMBER HAS AN INTEREST COMES BEFORE THE BOARD OR ANY COMMITTEE OR SUB-COMMITTEE OF THE BOARD FOR DECISION OR APPROVAL, THAT INTEREST SHALL BE IMMEDIATELY DISCLOSED TO THE BOARD OR THE COMMITTEE OR SUB-COMMITTEE BY THAT MEMBER, AND THE MEMBER SHALL RECUSE HIMSELF OR HERSELF FROM ANY DISCUSSION AND/OR VOTE RELATING THERETO. BOARD MEMBERS AND OFFICERS ARE ALSO REQUIRED TO SUBMIT A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL IS EVALUATED ANNUALLY BY THE BOARD OF TRUSTEES. COMPENSATION DATA FROM NY STATE ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) FOR SIMILAR INDEPENDENT SCHOOLS IS CONSIDERED. THIS PROCESS WAS DONE IN FISCAL 2017 TO APPROVE THE FISCAL 2018 CONTRACT FOR SALARY, WHICH IS A 10 YEAR CONTRACT FOR THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART VII, SECTION A: MICHELLE SAVINO IS NOT RECEIVING COMPENSATION AS PAYMENT FOR BEING A BOARD MEMBER. SHE IS A TEACHER AT THE SCHOOL AND RECEIVES COMPENSATION FOR THOSE SERVICES PROVIDED. NO COMPENSATION WAS PROVIDED TO AN INDIVIDUAL FOR SERVICES AS A BOARD MEMBER. FORM 990, PART XII, LINE 2C: THE ACADEMY HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. FORM 990, AMENDED RETURN: AT THE TIME OF THE ORIGINAL FILING, THE AUDITED FINANCIAL STATEMENTS WERE NOT READY. DUE TO THE ISSUANCE OF THE FINANCIAL STATEMENTS, THE RETURN HAS BEEN AMENDED, AND THE FOLLOWING SECTIONS CHANGED: 1. PAGE 1, BOX G: GROSS RECEIPTS WAS UPDATED TO REFLECT THE UPDATED REVENUE REPORTED IN PART VIII. 2. PART I, LINES 8-22 (CURRENT YEAR): THESE AMOUNTS WERE UPDATED TO REFLECT THE CHANGES REPORTED IN THEIR RESPECTIVE PARTS OF THE RETURN. 3. PART III, LINE 4A, 4B, 4C: THE TOTAL PROGRAM EXPENSES AND REVENUE WERE UPDATED TO AGREE TO PART VIII AND PART IX. 4. PART IV, LINE 11F AND 12A: CHECKED YES BASED ON THE ISSUANCE OF THE AUDITED FINANCIAL STATEMENTS. 5. PART VIII: STATEMENT OF REVENUE WAS UPDATED TO AGREE TO THE AUDITED FINANCIAL STATEMENTS. 6. PART IX, STATEMENT OF FUNCTIONAL EXPENSES: WAS UPDATED TO AGREE WITH THE REVISED FUNCTIONAL ALLOCATION INCLUDED IN THE ISSUED FINANCIAL STATEMENTS. 7. PART X: THE BALANCE SHEET WAS UPDATED TO AGREE TO THE ISSUED FINANCIAL STATEMENTS. 8. PART XI: THE RECONCILIATION OF NET ASSETS WAS REVISED TO AGREE TO THE UPDATED STATEMENT OF REVENUE AND STATEMENT OF FUNCTIONAL EXPENSES. A PRIOR PERIOD ADJUSTMENT WAS ADDED TO ADJUST FOR THE CHANGE IN OPENING NET ASSETS WHICH WAS RESTATED AS PART OF THE ISSUED FINANCIAL STATEMENTS. 9. PART XII, LINE 2B: THIS QUESTION WAS UPDATED TO REFLECT THAT AUDITED FINANCIAL STATEMENTS WERE PREPARED. 11. THE FOLLOWING SECTIONS IN SCHEDULE D WERE UPDATED TO AGREE WITH THE CHANGES FROM THE ISSUED FINANCIAL STATEMENTS: PART V, VI, PART IX, PART X, PART XI, PART XII AND PART XIII. 12. SCHEDULE G WAS UPDATED TO REFLECT THE CHANGES IN AUDITED FINANCIAL STATEMENTS.