2024-05-10T13:09:03-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 461609693 THE NEW AMERICAN ACADEMY CHARTER SCHOOL NEWA 7189686520 9301 AVENUE B BROOKLYN NY 11236 VARLETON MCDONALD BOARD CHAIR 8455703217 2024-04-24 1 VARLETON MCDONALD 999009999 0 SHELBY L STENSON P00440078 5854231860 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VARLETON MCDONALD 9301 AVENUE B BROOKLYN NY 11236 5645517 0 X HTTP://WWW.THENEWAMERICANACADEMY.ORG/ X 2012 NY THE NEW AMERICAN ACADEMY CHARTER SCHOOL EMPOWERS LEARNERS AND INSPIRES LEADERS TO MAKE THIS A BETTER WORLD. THROUGH OUR COLLABORATIVE TEACHER TEAMS, MASTERY-BASED CAREER LADDER, AND LOOPING CYCLES, WE OFFER PERSONALIZED RIGOROUS INSTRUCTION THAT ENABLES OUR STUDENTS TO SUCCEED IN HIGH SCHOOL, COLLEGE AND THEIR FUTURE LIVES. 7 7 46 7 0 0 942043 739572 3972112 4905925 18 20 0 0 4914173 5645517 0 0 0 0 3942751 3866003 0 0 0 885343 1240713 4828094 5106716 86079 538801 2723803 3348848 439922 526166 2283881 2822682 X THE NEW AMERICAN ACADEMY CHARTER SCHOOL EMPOWERS LEARNERS AND INSPIRES LEADERS TO MAKE THIS A BETTER WORLD. THROUGH OUR COLLABORATIVE TEACHER TEAMS, MASTERY-BASED CAREER LADDER, AND LOOPING CYCLES, WE OFFER PERSONALIZED RIGOROUS INSTRUCTION THAT ENABLES OUR STUDENTS TO SUCCEED IN HIGH SCHOOL, COLLEGE AND THEIR FUTURE LIVES. 0 0 4257745 4905925 TO SUPPORT THE EFFORTS AND MISSION OF THE NEW AMERICAN ACADEMY CHARTER SCHOOL. THE SCHOOL OFFICIALLY OPENED ITS DOORS TO STUDENTS IN AUGUST 2013. 4257745 1 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 46 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHARTER SCHOOL BUSINESS MANAGEMENT INC 8887102726 237 W 35TH STREET SUITE 301 NEW YORK NY 10001 VARLETON MCDONALD CHAIRMAN 1.00 X X 0 0 0 COLLEEN O'BRIEN-KELLY VICE CHAIRPERSON 1.00 X X 0 0 0 FLUER MONROSE TREASURER 1.00 X X 0 0 0 ELIZABETH DEANGELIS SECRETARY 1.00 X X 0 0 0 KEVIN YU TRUSTEE 1.00 X 0 0 0 HOLLY SPARKS-HUNT TRUSTEE 1.00 X 0 0 0 CHRISTY CUELLAR TRUSTEE 1.00 X 0 0 0 JENNIFER TRANI DIR. OF DATA AND FINANCE 50.00 X 137520 0 32457 LISA PARQUETTE-SILVA PRINCIPAL 50.00 X 202500 0 8000 SHEILA HOPKINS-OSNES ASSISTANT PRINCIPAL 50.00 X 171064 0 6818 DIAMOND MAYS LEAD PARTNER TEACHER 50.00 X 116655 0 20602 OLAWA GIBSON MASTER TEACHER 50.00 X 142635 0 20937 TINA SPAIC DIRECTOR OF SPED 50.00 X 125549 0 31977 CYNTHIA TERRY SPECIAL ED TEACHER 50.00 X 109333 0 14195 1005256 0 134986 7 0 1 0 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 W 35TH STREET SUITE 301 NEW YORK NY 10001 FINANCIAL MANAGEMENT 184501 1 726957 12615 12615 739572 PER PUPIL STATE AID 611600 4898305 4898305 MISCELLANEOUS REVENUE 900099 7620 7620 4905925 20 20 5645517 4905925 0 20 561714 346731 214983 2601084 2280452 320632 89397 78930 10467 378615 340047 38568 235193 197321 37872 6601 6601 25500 25500 300915 198498 102417 84696 79940 4756 48189 40429 7760 105403 88431 16972 6544 6544 178860 150059 28801 48590 40962 7628 STUDENT SERVICES 175886 175886 CURRICULUM / CLASSROOM 116747 116747 STAFF DEVELOPMENT 41951 41951 LEASED EQUIPMENT 36715 30803 5912 64116 50558 13558 5106716 4257745 848971 0 1346931 2141830 670382 591726 31199 46572 1626328 1171841 575095 454487 100196 114233 2723803 3348848 413900 394918 26022 117102 0 14146 439922 526166 X 2283881 2822682 2283881 2822682 2723803 3348848 538801 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 294465 165364 129101 855162 619895 235267 476701 386582 90119 454487 LEASE LIABILITIES 14146 14146 X 7021345 1375828 1375828 5645517 0 5645517 6482544 1375828 1375828 5106716 0 5106716 PART X, LINE 2: THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS PUBLISHED THEIR POLICY AS PART OF THEIR ADMISSIONS Q&A SECTION ON THEIR WEBSITE. SCHEDULE E, PART I, LINE 4 THE SCHOOL IS A FREE PUBLIC CHARTER SCHOOL. NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE IS OFFERED. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION IS A SCHOOL AND THEREFORE ELIGIBLE FOR NUMEROUS GOVERNMENT GRANTS FOR SCHOOL RELATED EXPENSES IN ADDITION TO PER PUPIL FUNDING THAT IS AWARDED TO SCHOOLS X X 0 0 0 0 0 0 0 0 0 LISA PARQUETTE-SILVA PRINCIPAL 202500 0 0 0 0 0 8000 0 0 0 210500 0 0 0 SHEILA HOPKINS-OSNES ASSISTANT PRINCIPAL 171064 0 0 0 0 0 6818 0 0 0 177882 0 0 0 JENNIFER TRANI DIR. OF DATA AND FINANCE 137520 0 0 0 0 0 5760 0 26697 0 169977 0 0 0 OLAWA GIBSON MASTER TEACHER 142635 0 0 0 0 0 4320 0 16617 0 163572 0 0 0 TINA SPAIC DIRECTOR OF SPED 125549 0 0 0 0 0 5280 0 26697 0 157526 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY REVIEWS THE FORM FOR ACCURACY BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C BY PROVIDING EMPLOYEES, TRUSTEES, & OFFICERS OF THE SCHOOL, WHETHER PAID OR UNPAID, WITH THE CODE OF ETHICS AND CONFLICT OF INTEREST POLICY THESE ARE PERIODICALLY REVIEWED AND DISCUSSED BY THE DIR. OF OPERATIONS AND OPERATIONS ASSOCIATE. FORM 990, PART VI, SECTION B, LINE 15 SCHOOL'S BOARD REVIEWES ALL SALARIES AS PART OF THE BUDGET PLANNING AND REVIEW PROCESS. THE PROCESS FOR SETTING SALARIES INVOLVES COMPARISONS WITH OTHER CHARTER SCHOOLS, PUBLIC SCHOOLS, AND NOT-FOR-PROFIT CORPORATIONS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE LOCATED AT THE SCHOOL AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.