2024-05-14T14:44:21-05:00 2023-06-30 111986323 MARCUM LLP 3320 WEST MARKET STREET STE 300 FAIRLAWN OH 44333 990 2022-07-01 800355425 BESSIE SHERROD ACADEMY RENA 6148667277 1555 ELAINE RD COLUMBUS OH 43227 STEPHANIE ATAYA FISCAL OFFICER 6148667277 2024-05-09 1 STEPHANIE ATAYA 999009999 0 JEFFREY A FOSTER CPA P00570943 3305648500 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PROVIDENCE ACADEMY FOR STUDENTS STEPHANIE ATAYA 1555 ELAINE RD COLUMBUS OH 43227 1928092 0 X WWW.THERENAISSANCEACADEMY.NET X 2008 OH TO EDUCATE AND GROW THE INTEREST OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH IN YOUTH THROUGH COLLEGE PREPARATORY AND 21ST CENTURY SKILLS AND FRAMEWORKS FOR CHILDREN IN KINDERGARTEN THROUGH TWELFTH GRADE. 6 6 0 3 0 0 1707564 1891360 0 0 0 0 12217 36732 1719781 1928092 0 0 0 0 8576 -49785 0 0 0 1460566 1919669 1469142 1869884 250639 58208 811010 734342 2316039 2181163 -1505029 -1446821 TO EDUCATE AND GROW THE INTEREST OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH IN YOUTH THROUGH COLLEGE PREPARATORY AND 21ST CENTURY SKILLS AND FRAMEWORKS FOR CHILDREN IN KINDERGARTEN THROUGH TWELFTH GRADE. 0 0 1579166 PROVIDED EDUCATIONAL SERVICES TO 101 STUDENTS. 1579166 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 1 22 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JEFFREY A FOSTER CPA 3305648520 3320 W MARKET STREET SUITE 300 FAIRLAWN OH 44333 BESSIE SHERROD-PRICE PRESIDENT 0.50 X X 750 0 0 LLOYD MCCLENDON VICE PRESIDENT 0.30 X X 0 0 0 JOHN CRAWFORD TREASURER 0.30 X X 0 0 0 DR LISA HUNTER SECRETARY 0.30 X X 625 0 0 CAROLYN FIELDS DIRECTOR 0.30 X 625 0 0 MICHAEL WARE DIRECTOR 0.30 X 0 0 0 STEPHANIE ATAYA FISCAL OFFICER 1.00 X 0 0 0 JEFFREY A FOSTER CPA FISCAL OFFICER 1.00 X 0 0 0 2000 0 0 0 0 0 0 EDUCATIONAL EMPOWERMENT GROUP LLC 526 S MAIN ST SUITE 509 AKRON OH 44311 EDUCATIONAL MANAGEMENT 1101894 1 1891360 1891360 MISCELLANEOUS 611110 36732 36732 36732 1928092 0 0 36732 2000 2000 1125 1125 -52910 -52910 1486138 1486138 142813 142813 5741 5741 104417 104417 MATERIALS AND SUPPLIES 157849 157849 OTHER 22711 22711 1869884 1579166 290718 0 47171 5999 171677 144406 412202 411540 601884 493457 110090 108427 69870 63970 811010 734342 341995 356249 1099801 668514 874243 1156400 2316039 2181163 X -1526531 -1492104 21502 45283 -1505029 -1446821 811010 734342 58208 0 X X 0 1 X 1 0 X 288633 283791 4842 313251 209666 103585 108427 NET OPEB ASSET 63970 63970 NET PENSION 959401 INTERGOVERNMENTAL PAYABLE 33108 UNEMPLOYMENT SETTLEMENT PAYABLE 163891 1156400 1922351 -5741 -5741 1928092 0 1928092 1864143 0 1864143 5741 5741 1869884 PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST -5,741. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST 5,741. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT READING "ALL EDUCATIONAL PROGRAMS ARE AVAILABLE WITHOUT REGARD TO RACE, COLOR, NATIONAL ORIGIN, SEX OR DISABILITY" IS ALWAYS INCLUDED. THIS STATEMENT IS PUBLISHED IN THE PARENT/STUDENT HANDBOOK, BOARD POLICY BOOK AND ON THE WEBSITE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE ACADEMY CURRENTLY PARTICIPATES IN THE STATE FOUNDATION PROGRAM, IDEA PART B GRANT, THE TITLE I GRANT, MISCELLANEOUS FEDERAL GRANTS AND THE TITLE IIA GRANT. REVENUE FROM THE STATE FOUNDATION PROGRAM IS RECOGNIZED AS OPERATING REVENUE IN THE ACCOUNTING PERIOD IN WHICH ALL ELIGIBILITY REQUIREMENTS HAVE BEEN MET. FORM 990, PART VI, SECTION A, LINE 3 EFFECTIVE MARCH 1, 2019 THE SCHOOL ENTERED INTO A MANGEMENT AGREEMENT WITH EDUCATIONAL EMPOWERMENT GROUP, LLC (EEG, LLC), WHICH IS AN EDUCATIONAL CONSULTING AND MANAGEMENT COMPANY. THE TERM OF THE AGREEMENT WITH EEG, LLC IS FOR 3 YEARS AND WILL RENEW FOR THREE ADDITIONAL, SUCCESSIVE THREE (3) YEAR TERMS UNLESS ONE PARTY NOTIFIES THE OTHER PARTY NO LATER THAN SIX MONTHS PRIOR TO THE TERM EXPIRATION DATE OF ITS INTENTION TO NOT RENEW THE AGREEMENT. SUBSTANTIALLY ALL FUNCTIONS OF THE SCHOOL HAVE BEEN CONTRACTED TO EEG, LLC. EEG, LLC IS RESPONSIBLE AND ACCOUNTABLE TO THE SCHOOL'S BOARD OF DIRECTORS FOR THE ADMINISTRATION AND OPERATION OF THE SCHOOL. THE SCHOOL IS REQUIRED TO PAY EEG, LLC A MONTHLY CONTINUING FEE OF 16 PERCENT OF THE SCHOOL'S "QUALIFIED GROSS REVENUES", DEFINED IN THE AGREEMENT AS, ALL REVENUES AND INCOME RECEIVED BY THE SCHOOL EXCEPT FOR CHARITABLE CONTRIBUTIONS. THE CONTINUING FEE IS PAID TO EEG, LLC BASED ON THE QUALIFIED GROSS REVENUES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 IS REVIEWED BY THE FISCAL OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING AUTHORITY REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION LEVELS FOR EMPLOYEES AND EXECUTIVES ARE REVIEWED IN RELATION TO THE SCHOOL'S OPERATING BUDGET AND APPROVED BY THE BOARD AND THE TREASURER. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN OR VERBAL REQUEST, DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. HOWEVER, FOR THE END OF THE YEAR UNAUDITED FINANCIALS, A PUBLIC NOTICE IS PLACED IN THE LOCAL PAPERS STATING THAT THE UNAUDITED FINANCIALS ARE AVAILABLE FOR REVIEW. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES OVERSIGHT RESPONSIBILITY OF THE AUDIT, REVIEW OF ITS FINANCIAL STATEMENTS, AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS HAS NOT CHANGED SINCE THE PRIOR YEAR.