2024-05-15T08:41:57-05:00 2023-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR ROAD WILMINGTON DE 19809 990 2022-07-01 204215109 FIRST COMMUNITY FOUNDATION F/K/A EASTSIDE COMMUNITY LEARNING CENTER EAST 3027625834 3000 NORTH CLAYMONT STREET WILMINGTON DE 198022807 NICHOLAS MEDAGLIO CHIEF FINANCIAL OFFICER 3027625834 2024-05-15 NICHOLAS MEDAGLIO 999009999 1 TIMOTHY SAWYER CPA P00256561 3024788940 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOCELYN STEWART 3000 NORTH CLAYMONT STREET WILMINGTON DE 198022807 5997560 0 X EASTSIDECHARTERSCHOOL.ORG X 2006 DE PUBLIC CHARTER SCHOOL SUPPORTING ORGANIZATION. 14 14 0 0 0 0 7048587 5884061 0 0 69696 113453 1271 46 7119554 5997560 452676 788842 0 0 0 0 0 0 0 348974 319672 801650 1108514 6317904 4889046 9736066 14600548 182635 63647 9553431 14536901 THE FOUNDATION'S PRIMARY ACTIVITY IS FUND RAISING AND ANY OTHER ACTIVITIES NECESSARY TO SUPPORT THE EASTSIDE CHARTER SCHOOL. 0 0 1062248 788842 THE FIRST COMMUNITY FOUNDATION ("THE FOUNDATION," FORMERLY THE EAST SIDE COMMUNITY LEARNING CENTER FOUNDATION), WAS ORGANIZED ON FEBRUARY 7, 2006 AND COMMENCED OPERATIONS ON AUGUST 25, 2006 AS A NONPROFIT CORPORATION TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE EASTSIDE CHARTER SCHOOL (A PUBLIC CHARTER SCHOOL CHARTERED UNDER THE PROVISIONS OF DELAWARE STATE LAW 14 DEL. C. CHAPTER 5). THE FOUNDATION'S PRIMARY ACTIVITY IS FUND RAISING AND ANY OTHER ACTIVITIES NECESSARY TO SUPPORT THE EASTSIDE CHARTER SCHOOL. 1062248 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X NICHOLAS MEDAGLIO 3027625834 3000 N CLAYMONT STREET WILMINGTON DE 19802 JOCELYN STEWART BOARD CHAIR 1.00 2.00 X X 0 0 0 CECIL GORDON MD VICE CHAIR 1.00 2.00 X X 0 0 0 RICK TAGLIONE TREASURER 1.00 2.00 X X 0 0 0 CHARLES H TOLIVER ESQ SECRETARY 1.00 2.00 X X 0 0 0 AARON BASS EX-OFFICIO 1.00 40.00 X X 0 198381 78136 TINU AKEREDOLU BOARD MEMBER 1.00 1.00 X 0 0 0 SOPHIA CISLER BOARD MEMBER 1.00 1.00 X 0 0 0 KRISTYN DILENNO BOARD MEMBER 1.00 1.00 X 0 0 0 KIM F FORTUNATO BOARD MEMBER 1.00 1.00 X 0 0 0 RENEE GREENE BOARD MEMBER 1.00 1.00 X 0 0 0 CHARLES MCDOWELL ESQUIRE BOARD MEMBER 4.00 6.00 X 0 0 0 MAURICE RAGLAND BOARD MEMBER 1.00 1.00 X 0 0 0 MICHELLE REARDON BOARD MEMBER 1.00 1.00 X 0 0 0 OWEN RICCIARDI BOARD MEMBER 1.00 1.00 X 0 0 0 ASHLEY ROSSELLO TEACHER REPRESENTATIVE 1.00 40.00 X 0 63704 20368 NICHOLAS MEDAGLIO CFO 1.00 40.00 X X 0 115649 50047 0 377734 148551 0 0 1 0 0 5884061 5884061 113453 113453 MISCELLANEOUS 900099 46 46 46 5997560 0 0 113499 788842 788842 251 251 14087 14087 8282 8282 21008 21008 676 676 272730 272730 BANK FEES 2020 2020 PROFESSIONAL DEVELOPMEN 618 618 1108514 1062248 46266 0 2671063 91623 3957600 1938000 100 49914 10022135 4647384 3969252 1808648 678132 1298655 1538934 0 281810 9736066 14600548 182635 12 63635 182635 63647 X 2085769 1527414 7467662 13009487 9553431 14536901 9736066 14600548 4889046 94424 0 X X 0 1 X 1 0 X X 1 EAST SIDE CHARTER SCHOOL OF WILMINGTON 510377733 2 1 348741 0 1 348741 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1083334 127580 31841 7909 1171164 1238096 -118296 27365 9101 1083334 1042012 254081 44035 13962 1238096 1090264 80000 -91732 36520 1042012 1018911 80000 23623 32270 1090264 0 0 1 1 4625174 3947043 678131 22209 22209 0 678132 X 6091984 94424 94424 5997560 0 5997560 1108514 0 1108514 0 1108514 PART V, LINE 4: THE CROZIER TRUST CONTRIBUTED FUNDS OVER A NUMBER OF YEARS TO ESTABLISH AN ENDOWMENT TO FUND SCHOLARSHIS FOR GRADUATING 8TH GRADERS TO GO TO AN INDEPENDENT HIGH SCHOOL. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE FOUNDATION DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE FISCAL YEAR. MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT ITS TAX-EXEMPT STATUS AND TAX POSITIONS WILL BE SUSTAINED IF EXAMINED BY AUTHORITIES. 1 EAST SIDE CHARTER SCHOOL 3000 NORTH CLAYMONT STREET WILMINGTON DE 19802 510377733 501(C)(3) 348741 0 TO PROVIDE SUPPORT FOR THE ACTIVITIES OF THE CHARTER SCHOOL EAST SIDE STEM HUB INC 3000 NORTH CLAYMONT STREET WILMINGTON DE 19802 884301356 501(C)(3) 430000 0 TO PROVIDE SUPPORT FOR THE ACTIVITIES OF EAST SIDE STEM HUB PART I, LINE 2: THE BOARD OF DIRECTORS MONITORS THE ACTIVITIES OF THE SCHOOL TO DETERMINE THAT GRANT FUNDS ARE SPENT APPROPRIATELY. 0 0 0 0 0 0 0 0 0 AARON BASS EX-OFFICIO 0 198381 0 0 0 0 0 0 0 78136 0 276517 0 0 NICHOLAS MEDAGLIO CFO 0 115649 0 0 0 0 0 0 0 50047 0 165696 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION'S CHARTER AND BYLAWS PROVIDE THAT THE DIRECTORS OF THE CORPORATION SHALL ALSO BE ITS "MEMBERS". FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS OF THE ORGANIZATION ARE ELECTED BY THE BOARD OF DIRECTORS OF EASTSIDE CHARTER SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE FOUNDATION'S OUTSIDE ACCOUNTANTS IN CONSULTATION WITH THE FOUNDATION'S DIRECTORS AND MANAGEMENT. THE 990 WAS MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT TO THE CHIEF EXECUTIVE OFFICER BEFORE THE FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS COMPLETE AND FILE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII LINE 2C PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EAST SIDE CHARTER SCHOOL 3000 N CLAYMONT STREET WILMINGTON DE 19802 510377733 CHARTER SCHOOL DE 501(C)(3) PUBLIC CHARITY 0 EASTSIDE STEM HUB INC 3000 N CLAYMONT STREET WILMINGTON DE 19802 884301356 DEVELOP AND OPERATE CERTAIN REAL ESTATE DE 501(C)(3) PUBLIC CHARITY 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 EAST SIDE CHARTER SCHOOL B ACTUAL AMOUNTS PAID