2024-05-15T08:56:36-05:00 2023-06-30 111986323 MARCUM LLP 3320 WEST MARKET STREET STE 300 FAIRLAWN OH 44333 990 2022-07-01 821866036 CINCINNATI ACHIEVEMENT ACADEMY CINC 5135089078 5555 LITTLE FLOWER AVE CINCINNATI OH 45239 STEPHANIE ATAYA FISCAL OFFICER 5135089078 2024-05-12 1 STEPHANIE ATAYA 999009999 0 JEFFREY A FOSTER CPA P00570943 3305648500 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHANIE ATAYA 5555 LITTLE FLOWER AVE CINCINNATI OH 45239 2777906 0 X WWW.CINCIACHIEVEMENTEDU.ORG X 2017 OH TO CREATE A CULTURE OF HIGH EXPECTATIONS FOR SCHOLARS BY PROVIDING A COLLEGE PREPARATORY EDUCATION, RELEVANT CURRICULA, AND A FOCUS ON ACHIEVEMENT. IT IS OUR GOAL THAT OUR SCHOLARS WILL ATTEND A COLLEGE PREP HIGH SCHOOL AND ULTIMATELY GAIN ACCEPTANCE AND GRADUATE FROM A FOUR-YEAR COLLEGE. IT IS OUR EXPECTATION THAT 100% OF THE CINCINNATI GRADUATES WILL BECOME POSITIVE CHANGE AGENTS IN THEIR LOCAL COMMUNITIES WHILE MAKING A CONTRIBUTION TO THE GLOBAL SOCIETY. 5 5 0 5 0 0 1867809 2766956 0 0 0 0 19393 10950 1887202 2777906 0 0 0 0 149795 243760 0 0 0 1811401 2398278 1961196 2642038 -73994 135868 1271738 1633475 2171057 2396926 -899319 -763451 X TO CREATE A CULTURE OF HIGH EXPECTATIONS FOR SCHOLARS BY PROVIDING A COLLEGE PREPARATORY EDUCATION, RELEVANT CURRICULA, AND A FOCUS ON ACHIEVEMENT. IT IS OUR GOAL THAT OUR SCHOLARS WILL ATTEND A COLLEGE PREP HIGH SCHOOL AND ULTIMATELY GAIN ACCEPTANCE AND GRADUATE FROM A FOUR-YEAR COLLEGE. IT IS OUR EXPECTATION THAT 100% OF THE CINCINNATI GRADUATES WILL BECOME POSITIVE CHANGE AGENTS IN THEIR LOCAL COMMUNITIES WHILE MAKING A CONTRIBUTION TO THE GLOBAL SOCIETY. 0 0 2209715 PROVIDED EDUCATIONAL SERVICES TO 152 STUDENTS. 2209715 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 15 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X JEFFREY A FOSTER CPA 3305648520 3320 WEST MARKET ST SUITE 300 FAIRLAWN OH 44333 X ANN BRINKLEY PRESIDENT 0.50 X X 0 0 0 DR MARY WEBB VICE PRESIDENT 0.30 X X 0 0 0 LUCIEN KIDD TREASURER 0.30 X X 0 0 0 LISA KELLY SECRETARY 0.30 X X 0 0 0 JAMES KEYS DIRECTOR 0.30 X 0 0 0 STEPHANIE ATAYA FISCAL OFFICER 0.30 X 0 0 0 JEFFREY A FOSTER CPA FISCAL OFFICER 1.00 X 0 0 0 0 0 0 0 0 0 0 EDUCATIONAL EMPOWERMENT GROUP LLC 526 S MAIN ST SUITE 509 AKRON OH 44311 EDUCATIONAL MANAGEMENT 1498072 1 2766956 2766956 MISCELLANEOUS 611110 10950 10950 10950 2777906 0 0 10950 243760 243760 1958938 1958938 7017 7017 206783 206783 2210 2210 147209 147209 OTHER EXPENSES 76121 76121 2642038 2209715 432323 0 61885 27989 303382 189806 23022 792432 733183 684085 210583 156646 473502 70969 72397 1271738 1633475 580345 365896 922010 547606 358522 668702 1124902 2171057 2396926 X -899319 -849506 86055 -899319 -763451 1271738 1633475 135868 0 X X 0 1 X 1 0 X 464065 464065 220020 210583 9437 473502 INTERGOVERNMENTAL PAYABLE 14721 NET PENSION 1110181 1124902 2775696 -2210 -2210 2777906 0 2777906 2639828 0 2639828 2210 2210 2642038 PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST -2,210. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST 2,210. 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 SCHOOL CURRENTLY PARTICIPATES IN THE STATE FOUNDATION PROGRAM. REVENUES RECEIVED FROM THESE PROGRAMS ARE RECOGNIZED AS OPERATING REVENUES IN THE ACCOUNTING PERIOD IN WHICH ALL ELIGIBILITY REQUIREMENTS HAVE BEEN MET. THE SCHOOL ALSO PARTICIPATED IN THE FEDERAL CHARTER SCHOOL PROGRAM THROUGH THE OHIO DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 3 EFFECTIVE JULY 1, 2019, THE SCHOOL ENTERED INTO A MANAGEMENT AGREEMENT (AGREEMENT) WITH EDUCATIONAL EMPOWERMENT GROUP, LLC (EEG, LLC), WHICH IS AN EDUCATIONAL CONSULTING AND MANAGEMENT COMPANY. THE TERM OF THE AGREEMENT WITH EEG, LLC COMMENCES ON JULY 1, 2019 AND EXPIRES JUNE 30, 2020. UPON EXPIRATION OF THIS INITIAL TERM, THE AGREEMENT SHALL BE AUTOMATICALLY RENEWED FOR AN ADDITIONAL THREE YEARS, WHICH IS THROUGH JUNE 30, 2023, UNLESS ONE PARTY NOTIFIES THE OTHER PARTY NO LATER THAN THREE 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 14 PERCENT OF THE SCHOOL'S "QUALIFIED GROSS REVENUES", AS DEFINED IN THE AGREEMENT. THE CONTINUING FEE IS PAID TO EEG, LLC BASED ON THE QUALIFIED GROSS REVENUES. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT MAY ACT ON BEHALF OF THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 IS SENT TO THE BOARD PRESIDENT AND FISCAL OFFICER TO BE REVIEWED AND SIGNED BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING AUTHORITY REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. 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.