2024-05-07T08:37:45-05:00 2023-06-30 451135289 BD & COMPANY INC 11155 RED RUN BLVD STE 410 OWINGS MILLS MD 21117 990 2022-07-01 452605141 MONARCH ACADEMY BALTIMORE CAMPUS INC MONA 4436422402 6802 MCCLEAN BLVD BALTIMORE MD 21234 CHRIS ZIMMERMAN CHIEF FINANCIAL OFFICER 4436422402 2024-05-07 1 CHRIS ZIMMERMAN 521003788 0 DOUGLAS RUSSENBERGER P01338068 4104159700 2024-05-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRIS ZIMMERMAN 6802 MCCLEAN BLVD BALTIMORE MD 21234 874221 0 X WWW.MONARCHCHARTER.ORG X 2011 MD MONARCH ACADEMY PUBLIC CHARTER SCHOOLS ARE TUITION-FREE PUBLIC CHARTER SCHOOLS THAT AIM TO EDUCATE BALTIMORE STUDENTS TO BE SELF-MOTIVATED, CREATIVE, CRITICAL THINKERS AND LIFE-LONG LEARNERS WHO ARE PRODUCTIVE CONTRIBUTORS TO THE GLOBAL COMMUNITY IN THE 21ST CENTURY. AT MONARCH ACADEMY, CHILDREN ARE ENCOURAGED TO THINK CRITICALLY; QUESTION; REFLECT; AND PARTICIPATE IN A RIGOROUS, HIGHLY INTERACTIVE INSTRUCTIONAL PROGRAM THAT INTEGRATES ARTS AND TECHNOLOGY ACROSS THE CURRICULUM.THE ACADEMY'S CHARTER WAS NOT RENEWED AND THE SCHOOL CEASED OPERATIONS AT THE END OF THE 2018-2019 SCHOOL YEAR. THIS DECISION HAS BEEN APPEALED; ON FEBRUARY 2021 THE MSDE UPHELD THE DECISION NOT TO RENEW THE SCHOOL'S CHARTER. OPERATIONS FOR THE YEAR ENDED JUNE 30, 2023 REFLECT REVENUES FROM RENTING A PORTION OF THE BUILDING OFFSET BY THE COSTS OF MAINTAINING THE BUILDING. 6 6 0 0 0 0 4237 0 0 0 0 0 5664634 874221 5668871 874221 0 0 0 0 0 0 0 0 0 1957131 888768 1957131 888768 3711740 -14547 11110682 10689743 12742110 12244718 -1631428 -1554975 X THE ACADEMY IS A TUITION-FREE, PUBLICLY FUNDED CHARTER SCHOOL OPEN TO ALL STUDENTS IN BALTIMORE CITY. THE ACADEMY CURRENTLY SERVES STUDENTS IN KINDERGARTED THROUGH EIGHTH GRADE. THE ACADEMY'S MISSION IS TO PROVIDE A SCHOOL CULTURE THAT PRODUCES STUDENTS WHO THINK CRITICALLY, PROBLEM SOLVE CREATIVELY, BECOME SELF-DISCIPLINED, KNOW HOW TO LEARN, AND WHO UNDERSTAND THAT THE GOAL OF LIFE IS TO SERVE A CAUSE LARGER THAN ONE'S SELF.THE ACADEMY'S CHARTER WAS NOT RENEWED AND THE SCHOOL CEASED OPERATIONS AT THE END OF THE 2018-2019 SCHOOL YEAR. THIS DECISION HAS BEEN APPEALED; ON FEBRUARY 2021 THE MSDE UPHELD THE DECISION NOT TO RENEW THE SCHOOL'S CHARTER. OPERATIONS FOR THE YEAR ENDED JUNE 30, 2023 REFLECT REVENUES FROM RENTING A PORTION OF THE BUILDING OFFSET BY THE COSTS OF MAINTAINING THE BUILDING. 0 0 0 874221 THE ACADEMY WAS INCORPORATED TO OPERATE A PUBLIC CHARTER SCHOOL IN BALTIMORE CITY FOR STUDENTS IN KINDERGARDEN THROUGH EIGHTH GRADE. THE ACADEMY'S CHARTER WAS NOT RENEWED AND THE SCHOOL CEASED OPERATIONS AT THE END OF THE 2018-2019 SCHOOL YEAR. THIS DECISION HAS BEEN APPEALED; ON FEBRUARY 2021 THE MSDE UPHELD THE DECISION NOT TO RENEW THE SCHOOL'S CHARTER. OPERATIONS FOR THE YEAR ENDED JUNE 30, 2023 REFLECT THE REVENUES FROM RENTING A PORTION OF THE BUILDING OFFSET BY THE COSTS OF MAINTAINING THE BUILDING. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 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 1 0 0 0 1 0 0 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 MD X X CHRIS ZIMMERMAN 4104443800 6802 MCCLEAN BLVD BALTIMORE MD 21234 SHAWN HART CHAIRPERSON 2.00 4.00 X X 0 0 0 DAVID BORINSKY DIRECTOR 2.00 X 0 0 0 ELAINE CLINTON DIRECTOR 2.00 X 0 0 0 GREGORY E GANN ESQ DIRECTOR 2.00 X 0 0 0 WINGROVE LYNTON DIRECTOR 2.00 X 0 0 0 CAITLIN O'HARA DIRECTOR 2.00 X 0 0 0 JENNY LIVELLI CHIEF EXECUTIVE OFFICER 5.00 50.00 X 0 348728 9134 CHRIS ZIMMERMAN CHIEF FINANCIAL OFFICER 5.00 50.00 X 0 217640 3125 0 566368 12259 0 0 1 0 0 874221 0 874221 874221 874221 874221 874221 0 0 1000 1000 2916 2916 4296 4296 300700 300700 73 73 70743 70743 509040 509040 888768 0 888768 0 80417 102672 55927 225 16097423 5781996 10800967 10315427 173371 271419 11110682 10689743 60895 148060 12681215 12096658 12742110 12244718 X -1631428 -1554975 -1631428 -1554975 11110682 10689743 X -14547 91000 X X 0 1 X 1 0 X 1098055 1098055 11800993 4406828 7394165 2309821 597651 1712170 773778 739785 33993 114776 37732 77044 10315427 LEASE PAYABLE 990722 DUE TO RELATED ENTITY 11105936 12096658 874221 0 874221 0 874221 888768 0 888768 0 888768 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL MATERIALS FOR SOLICITING STUDENT REGISTRATION INCLUDE THE STATEMENT THAT MONARCH ACADEMY (OR "CHARTER SCHOOLS," DEPENDING ON THE PUBLICATION) IS (ARE) OPEN TO ALL STUDENTS IN BALTIMORE CITY, REGARDLESS OF TESTING OR SCREENING. THOSE MATERIALS INCLUDE A GENERAL BROCHURE, A MONARCH FACTSHEET THAT IS PART OF A REGISTRATION PACKET, A NEWSLETTER, A PARENT FLIER AND A SOLICITATION POSTCARD THAT WAS MAILED TO HOUSEHOLDS OF POTENTIAL STUDENTS. THE MONARCH ACADEMY WEBSITE ALSO INCLUDES A GENERAL FREQUENTLY-ASKED QUESTION THAT DESCRIBES A CHARTER SCHOOL AS BEING OPEN TO ALL STUDENTS REGARDLESS OF TESTING OR SCREENING, AND THE ADMISSIONS SECTION STATES "THE SCHOOL IS PUBLICLY-FUNDED AND OPEN TO ALL. TESTING AND SCREENING IS NOT REQUIRED FOR ADMISSION." SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE - IT IS A PUBLIC CHARTER SCHOOL. 0 0 0 0 0 0 0 0 0 JENNY LIVELLI CHIEF EXECUTIVE OFFICER 0 311796 0 30600 0 6332 0 9134 0 0 0 357862 0 0 CHRIS ZIMMERMAN CHIEF FINANCIAL OFFICER 0 192308 0 19000 0 6332 0 3125 0 0 0 220765 0 0 PART I, LINE 3 THE PRESIDENT OF MONARCH ACADEMY BALTIMORE CAMPUS IS COMPENSATED BY A RELATED ORGANIZATION, THE CHILDREN'S GUILD, INC. FORM 990, PART VI, SECTION A, LINE 3 THE CHILDREN'S GUILD, INC. HAS ASSISTED THE ACADEMY IN ESTABLISHING THE ACADEMY'S PROGRAM, OBTAINING FINANCING AND PERFORMING MANAGEMENT AND GENERAL ACTIVITIES ON THE ACADEMY'S BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM FROM INFORMATION PROVIDED BY OUR INDEPENDEDNT AUDITORS AND BY FINANCE STAFF OF THE ACADEMY. THE 990 IS REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES BOARD MEMBERS TO SUBMIT AND SIGN AN ANNUAL CONFLICT DISCLOSURE STATEMENT. THE BOARD REVIEWS AND APPROVES ALL TRANSACTIONS WITH BOARD MEMBERS TO ENSURE THE TRANSACTION IS REASONABLE, THAT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST IS NOT POSSIBLE, AND THE TRANSACTION IS APPROPRIATE BASED ON THE BUSINESS AND FINANCIAL OBJECTIVE INVOLVED ANY INVOLVED PARTY CANNOT VOTE OR PARTICIPATE IN THE REVIEW OR APPROVAL. STAFF ARE REQUIRED IN THE PERSONNEL HANDBOOK DISTRIBUTED TO EVERY STAFF MEMBER TO COMPLY WITH THE CONFLICT OF INTEREST AND ETHICAL PRACTICES POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE PRESIDENT ANNUALLY, AND THE PRESIDENT DOES SO FOR THE OFFICERS. BOTH EMPLOY WHATEVER RESOURCES DEEMED NECESSARY, INCLUDING REVIEWING COMPARABLE POSITIONS IN OTHER ORGANIZATIONS AND ENGAGING A COMPENSATION CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION AT OUR ADMINISTRATIVE OFFICES AT 6802 MCCLEAN BOULEVARD IN BALTIMORE, MD. FORM 990, PART XI, LINE 9: EQUIY TRANSFER TO NCG FUND 91,000. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE CHILDREN'S GUILD INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 520634411 MD 501(C)(3) LINE 7 THE CHILDREN'S GUILD INSTITUTE INC 0 THE CHILDREN'S GUILD INSTITUTE INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 263933104 MD 501(C)(3) LINE 11 N/A 0 THE NATIONAL CHILDREN'S GUILD FUND INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 262723392 MD 501(C)(3) LINE 7 THE CHILDREN'S GUILD INSTITUTE INC 0 THE MONARCH ACADEMY PUBLIC CHARTER SCHOOL INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 262190358 MD 501(C)(3) LINE 2 THE CHILDREN'S GUILD INSTITUTE INC 0 TRANZED APPRENTICESHIP VENTURES INC 6802 MCCLEAN BOULEVARD BALTIMORE MD 21234 384013745 MD 501(C)(3) LINE 10 THE NATIONAL CHILDREN'S GUILD FUND INC 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE CHILDREN'S GUILD INC E 345307 OUTSTANDING LOAN BALANCE THE NATIONAL CHILDREN'S GUILD FUND INC E 4162 OUTSTANDING LOAN BALANCE