2024-05-01T14:06:10-05:00 2023-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2022-07-01 651203744 ACHIEVEMENT FIRST INC ACHI 2037733223 470 JAMES STREET 007 NEW HAVEN CT 06513 ANDREW BOAS CHAIRMAN 2037733223 2024-05-01 1 ANDREW BOAS 999009999 1 LAURA KIELCZEWSKI P00740769 9592007000 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ANDREW BOAS 470 JAMES STREET 007 NEW HAVEN CT 06513 42110194 0 X WWW.ACHIEVEMENTFIRST.ORG X 2003 CT ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, RHODE ISLAND, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 8 8 394 8 0 0 11655683 5555473 33064478 32510638 1846 -97098 2898069 3972943 47620076 41941956 5875630 4335379 0 0 34119568 35893540 0 0 1169737 11631843 12344952 51627041 52573871 -4006965 -10631915 52266888 43942379 13647977 15955383 38618911 27986996 X ACHIEVEMENT FIRST, INC. IS A NON-PROFIT CHARTER SCHOOLS MANAGEMENT ORGANIZATION THAT OPERATES A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, RHODE ISLAND, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. 0 1 34847327 65433 33711596 EDUCATIONAL, FINANCIAL AND MANAGEMENT SERVICES TO CHARTER SCHOOLS IN CONNECTICUT, NEW YORK AND RHODE ISLAND. 4269946 4269946 SCHOOL GRANTS: TO PROVIDE ASSISTANCE TO A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS IN CONNECTICUT, RHODE ISLAND, AND NEW YORK. THE NETWORK OF SCHOOLS FOCUSES ON PROVIDING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS THEY NEED TO GRADUATE FROM TOP COLLEGES, TO SUCCEED IN A COMPETITIVE WORLD, AND TO SERVE AS THE NEXT GENERATION OF LEADERS OF THEIR COMMUNITIES. CONTRIBUTIONS, GIFTS, AND GRANTS WERE RECEIVED BY THE ORGANIZATION WHICH WERE USED TO COVER THE EXPENSES OF THESE PROGRAMS. 4526638 IMPROVEMENT OF EDUCATIONAL EXPERIENCES RELATED TO PREPARATION AND SUCCESS IN COLLEGE, INNOVATION IN ELEMENTARY SCHOOL DESIGN, PARENT AND COMMUNITY ENGAGEMENT AND, SHARING EDUCATIONAL PRACTICES WITH TRADITIONAL PUBLIC AND OTHER CHARTER SCHOOLS. 43643911 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 17 0 1 394 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CT RI X GAYLORD BOURNE CPA 2037733223 470 JAMES STREET 007 NEW HAVEN CT 06513 ANDREW BOAS CHAIR 1.00 X X 0 0 0 ANTHONY L DAVIS TREASURER 1.00 X X 0 0 0 ARIELA ROZMAN DIRECTOR 1.00 X 0 0 0 GRISELDA RODRIGUEZ-SOLOMON DIRECTOR 1.00 X 0 0 0 JOHN MOTLEY DIRECTOR 1.00 X 0 0 0 K PERCY BALLAH DIRECTOR 1.00 X 0 0 0 VALERIE ROCKEFELLER DIRECTOR 1.00 X 0 0 0 WILLIAM BUCK DIRECTOR 1.00 X 0 0 0 FATIMAH BARKER OUTGOING CEO 40.00 X 394241 0 22168 LISA MARGOSIAN CEO 40.00 X 263461 0 1067 NEIL SHAH CHIEF FINANCIAL OFFICER 40.00 X 220650 0 0 DE-LEA DEANE CHIEF EQUITY OFFICER 40.00 X 277188 0 24433 JESSE BALIS-HARRIS CHIEF OF SCHOOLS 40.00 X 231359 0 24574 STEPHANIE BLAKE SUPERINTENDENT 40.00 X 228048 0 18041 SUSAN COCUZZA CHIEF OF STAFF 40.00 X 226300 0 12149 XANTHE JORY CHIEF OPERATING OFFICER 40.00 X 227466 0 28514 2068713 0 130946 111 0 1 0 PSQUARED CONSULTANTS LLC 3202 KEMPWOOD DRIVE SUGAR LAND TX 774791834 CONSULTING SERVICES 425988 RIVERSIDE ABSTRACT 3839 FLATLANDS AVE STE 208 BROOKLYN NY 112343534 REAL ESTATE SERVICES 425000 CUSTOM COMPUTER SPECIALISTS LLC PO BOX 29786 NEW YORK NY 10087 DATA MANAGEMENT SYSTEM, INFINITE CAMPUS 383417 NON-PROFIT FINANCE SOLUTIONS 932 COLETTA CIRCLE NAPERVILLE IL 60563 CONSULTING SERVICES 270367 CLIFTON LARSEN ALLEN LLP 220 S 6TH STREET STE 300 MINNEAPOLIS MN 55402 CONSULTING SERVICES 269451 11 5555473 30076 5555473 MANAGEMENT FEE 541610 26678466 26678466 ANCILLARY SCHOOL SERVICES SUPPORT 541610 3499999 3499999 FEDERAL E-RATE FUNDING 541610 1333831 1333831 CHARTER START UP 541610 998342 998342 32510638 71140 71140 2771985 0 2771985 2771985 2771985 1135 167103 -1135 -167103 -168238 -168238 CURRICULUM DEVELOPMENT REVENUE 900099 936000 936000 264958 264958 1200958 41941956 33711596 0 2674887 4269946 4269946 65433 65433 1004218 802602 172800 28816 30338841 24239283 5227627 871931 1699928 1389941 266265 43722 2850553 2330505 450852 69196 54735 40341 12603 1791 52216 38484 12023 1709 3394442 2504053 780246 110143 549477 538829 8215 2433 277206 217621 55474 4111 588440 453170 125007 10263 1666002 1606751 59251 499118 371291 123890 3937 196068 176461 19607 1877794 1839243 38551 1154 930 198 26 SCHOOL PROGRAM SUPPORT 2172881 1890525 282356 RECRUITMENT OF SCHOOL A 574635 524492 39723 10420 PROFESSIONAL DEVELOPMEN 91580 78390 10240 2950 GOVERNANCE, ADVOCACY AN 86196 63594 20071 2531 263008 202026 55224 5758 52573871 43643911 7760223 1169737 6385756 10692553 5194 71435 10440492 3144842 91599 1500000 1500000 7312150 9071688 5430876 3593328 3410530 1837548 3062712 23212766 14470002 52266888 43942379 4930748 4104656 2500 8338793 8734861 378436 3113366 13647977 15955383 X 27862254 25696554 10756657 2290442 38618911 27986996 52266888 43942379 -10631915 0 X 0 1 X 1 1 1 X 13919630 15153588 33892366 11655683 5555473 80176740 13919630 15153588 33892366 11655683 5555473 80176740 10798892 69377848 39 83780 1920788 2838226 4842833 794883 864796 897745 979127 1209577 4746128 89765701 152854503 0.77290 0.83330 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CURRICULUM DEVELOPMENT REVENUE - 2018 AMOUNT: $ 792,000. 2019 AMOUNT: $ 864,000. 2020 AMOUNT: $ 864,000. 2021 AMOUNT: $ 924,000. 2022 AMOUNT: $ 936,000. MISCELLANEOUS INCOME - 2018 AMOUNT: $ 2,883. 2019 AMOUNT: $ 796. 2020 AMOUNT: $ 33,745. 2021 AMOUNT: $ 55,127. 2022 AMOUNT: $ 273,577. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 70750 70750 0 PART II-B, LINE 1: THE ORGANIZATION PAYS TRUE NORTH COMMUNCATIONS, ATHENA SOLUTIONS, AND CAPITOL CITY GROUP FOR LOBBYING ACTIVITIES IN SUPPORT OF CHARTER SCHOOLS. 5309025 3481355 1827670 48894 39016 9878 72957 72957 0 1837548 DUE FROM RELATED SCHOOLS 11241415 INSURANCE RESERVE 2125000 CONSTRUCTION IN PROGRESS 1103587 14470002 LEASE LIABILITY 3113366 3113366 X 41941956 0 41941956 0 41941956 52573871 0 52573871 0 52573871 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY AF AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AF'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2020 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, AF WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF MANAGEMENT AND GENERAL EXPENSES IN THE CONSOLIDATED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS AND INCLUDE ACCRUED INTEREST AND PENALTIES IN ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. AF DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX MATTERS FOR THE YEAR ENDED JUNE 30, 2023. AF GLENMORE, AF QUEENS, AF WAVERLY AND AF BROOKLYN HAVE BEEN ORGANIZED AS SINGLE MEMBER LIMITED LIABILITY COMPANIES. THEREFORE, THE ENTITIES ARE DISREGARDED FOR TAX PURPOSES. 1 ACHIEVEMENT FIRST BRIDGEPORT ACADEMY 370 JAMES ST STE 404 NEW HAVEN CT 06513 371543858 501(C)(3) 896793 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST BROOKLYN SCHOOLS 370 JAMES ST STE 404 NEW HAVEN CT 06513 205118947 501(C)(3) 458047 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST HARTFORD ACADEMY 370 JAMES ST STE 404 NEW HAVEN CT 06513 262236909 501(C)(3) 246000 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ACHIEVEMENT FIRST RHODE ISLAND INC 370 JAMES ST STE 404 NEW HAVEN CT 06513 461986417 501(C)(3) 1280882 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. AMISTAD ACADEMY INC 370 JAMES ST STE 404 NEW HAVEN CT 06513 061546695 501(C)(3) 27059 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. ELM CITY COLLEGE PREPARATORY INC 370 JAMES ST STE 404 NEW HAVEN CT 06513 205196171 501(C)(3) 1361165 0 TO SUPPORT THE GENERAL OPERATING EXPENSES OF THE SCHOOL. 6 SCHOLARSHIP 138 59292 FMV SCHOLARSHIP COVID SUPPORT 13 6140 PART I, LINE 2: GRANTS GIVEN TO THE SCHOOLS ARE FOR OPERATING EXPENSES. ACHIEVEMENT FIRST, INC. PLAYS AN OVERSIGHT ROLE FOR EACH SCHOOL IN MONITORING THE USE OF GRANT FUNDS. APPLICATIONS ARE REVIEWED PRIOR TO SCHOLARSHIPS BEING AWARDED, AND THE SCHOLARSHIPS ARE APPLIED DIRECTLY AGAINST STUDENT TUITION. DURING FISCAL YEAR 2023, THE ORGANIZATION IDENTIFIED A CHARITABLE CLASS FOR THE PURPOSE OF PROVIDING COVID RELIEF AWARDS TO MEMBERS OF OUR EDUCATIONAL COMMUNITY STUDENTS & THEIR FAMILIES, ALUMNI FROM OUR SCHOOLS CURRENTLY ATTENDING COLLEGE FOR PERSONAL USE. X X 1 0 0 0 0 0 0 1 0 FATIMAH BARKER OUTGOING CEO 289793 0 0 0 104448 0 0 0 22168 0 416409 0 0 0 DE-LEA DEANE CHIEF EQUITY OFFICER 153590 0 0 0 123598 0 0 0 24433 0 301621 0 0 0 LISA MARGOSIAN CEO 262933 0 0 0 528 0 0 0 1067 0 264528 0 0 0 XANTHE JORY CHIEF OPERATING OFFICER 227190 0 0 0 276 0 2500 0 26014 0 255980 0 0 0 JESSE BALIS-HARRIS CHIEF OF SCHOOLS 213746 0 17500 0 113 0 2500 0 22074 0 255933 0 0 0 STEPHANIE BLAKE SUPERINTENDENT 161948 0 0 0 66100 0 0 0 18041 0 246089 0 0 0 SUSAN COCUZZA CHIEF OF STAFF 226120 0 0 0 180 0 2500 0 9649 0 238449 0 0 0 NEIL SHAH CHIEF FINANCIAL OFFICER 220650 0 0 0 0 0 0 0 0 0 220650 0 0 0 PART I, LINE 4A DE-LEA DEANE - $84,983 FATIMA BARKER - $99,000 STEPHANIE BLAKE - $66,025 PART I, LINE 7 SOME OF THE INDIVIDUALS LISTED ON FORM 990, PART VII, RECEIVED BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUALS W-2S. X 1 30076 FMV 0 0 0 PART I, COLUMN (B): AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTORS. FORM 990, PART III, LINE 3 AF ACCELERATE PARTNERS WITH DISTRICT AND CHARTER SCHOOLS WHO ARE INTERESTED IN ADOPTING AF'S PRACTICES AND CURRICULUM. THE PROGRAM ENDED DURING THE FISCAL YEAR ENDED JUNE 30, 2023. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PRESENTED TO BOARD FINANCE COMMITTEE MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990 IS ALSO REVIEWED BY THE AUDIT & ACCOUNTING SPECIALIST, AND A COPY IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED ANNUALLY, TO DISCLOSE CONFLICTS OF INTEREST. VENDORS AND OTHER MAJOR CONTRACTORS ARE REQUIRED TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CONCERNED PARTY'S SALARIES ARE DETERMINED THROUGH COMPARISON TO SIMILAR ORGANIZATIONS AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT NO COST TO THE PUBLIC. THE ORGANIZATION'S FORM 990 IS AVAILABLE BOTH UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.ORG. ACHIEVEMENT FIRST WAVERLY LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 0 0 ACHIEVEMENT FIRST INC AF GLENMORE AVENUE LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 4899 2511197 ACHIEVEMENT FIRST INC AF QUEENS ES1 LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 1223879 3617996 ACHIEVEMENT FIRST INC ACHIEVEMENT FIRST BROOKLYN HS4 LLC 510 WAVERLY AVE BROOKLYN NY 11238 REAL ESTATE DE 1548106 2481449 ACHIEVEMENT FIRST INC