2024-11-04T12:33:21-05:00 2024-06-30 462108854 KENDALL PREBOLA AND JONES LLC PO BOX 259 BEDFORD PA 155220259 990 2023-07-01 830666071 ECA SUPPORT CORPORATION ECAS 2023730035 885 BARNABY STREET SE WASHINGTON DC 20032 WENDY EDWARDS EXECUTIVE DIRECTOR 2023730035 2024-11-03 true false RICHARD M JONES CPA P00621721 8146231880 2024-11-03 X 2023 2024-10-15 13:58:12Z WENDY EDWARDS 885 BARNABY STREET SE WASHINGTON DC 20032 561428 false X X 2018 DC THE SUPPORT CORPORATIONS MISSION IS TO SUPPORT AND FACILITATE A COMPLEX SERIES OF LOANS TO THE EARLY CHILDHOOD ACADEMY THROUGH THE NEW MARKETS TAX CREDIT(NMTC) PROGRAM TO DEVELOP AND CONSTRUCT A 300-STUDENT PUBLIC CHARTER SCHOOL FACILITY LOCATED AT 885 BARNABY STREET, SE, WASHINGTON D.C. 20032. IN ADDITION TO SERVING AS A LEVERAGED LENDER UNDER THE NMTC PROGRAM, THE SUPPORT CORPORATION WILL PROVIDE THE PROJECT'S EQUITY INVESTOR WITH A NUMBER OF ASSURANCES REGARDING THE PROJECT'S ELIGIBILITY FOR THE NEW MARKETS TAX CREDITS. 4 4 0 5 0 0 0 561414 561428 0 561414 561428 0 0 0 0 0 583715 585266 583715 585266 -22301 -23838 11238307 11214469 9814889 9814889 1423418 1399580 X THE SUPPORT CORPORATIONS MISSION IS TO SUPPORT AND FACILITATE A COMPLEX SERIES OF LOANS TO THE EARLY CHILDHOOD ACADEMY THROUGH THE NEW MARKETS TAX CREDIT(NMTC) PROGRAM TO DEVELOP AND CONSTRUCT A 300-STUDENT PUBLIC CHARTER SCHOOL FACILITY LOCATED AT 885 BARNABY STREET, SE, WASHINGTON D.C. 20032. IN ADDITION TO SERVING AS A LEVERAGED LENDER UNDER THE NMTC PROGRAM, THE SUPPORT CORPORATION WILL PROVIDE THE PROJECT'S EQUITY INVESTOR WITH A NUMBER OF ASSURANCES REGARDING THE PROJECT'S ELIGIBILITY FOR THE NEW MARKETS TAX CREDITS. false false ON MAY 16, 2018, THE ECA SUPPORT CORPORATION WAS ORGANIZED AS A DISTRICT OF COLUMBIA NOT-FOR-PROFIT ORGANIZATION TO PARTICIPATE IN THE INTERNAL REVENUE SERVICE'S FEDERAL NEW MARKET TAX CREDIT (NMTC) PROGRAM TO DEVELOP AND CONSTRUCT A NEW FACILITY SITE AND CAMPUS FOR ITS ELEMENTARY SCHOOL OPERATIONS AND PROGRAMS, LOCATED AT 885 BARNABY STREET, SE, WASHINGTON,DC. THE ECA SUPPORT CORPORATION SERVES AS A LEVERAGE LENDER TO INDIRECTLY FUND THE NMTC LOANS AND OPERATES FOR THE BENEFIT OF, PERFORMS THE FUNCTIONS OF, AND CARRIES OUT THE PURPOSES OF THE EARLY CHILDHOOD ACADEMY PUBLIC CHARTER SCHOOL. true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 1 0 0 false false false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true false false false X DEBRA ROBINSON-FOSTER 2023730035 855 BARNABY STREET SE WASHINGTON DC 20032 X DEBORAH HALL PRESIDENT 0.25 X X 0 0 0 JAMES WILLIAMS VP & SECRETA 0.25 X X 0 0 0 FLOYD HAYNES TREASURER 0.25 X X 0 0 0 ERIC BELLAMEY DIRECTOR 0.25 X 0 0 0 WENDY EDWARDS EXECUTIVE DI 0.25 X 0 0 0 false false false 561428 561428 561428 561428 11544 11544 562633 562633 11089 11089 585266 0 585266 0 48808 37311 11140800 11140800 24489 13400 24210 22958 11238307 11214469 139889 139889 9675000 9675000 9814889 9814889 X 1423418 1399580 1423418 1399580 11238307 11214469 -23838 X false true X true false X X X 1 EARLY CHILDHOOD ACADEMY PUBLIC CHARTER SCHOOL 260088232 2 true 0 0 1 0 true false false false false false false false false false false false false false false true X 561428 561428 561428 585266 585266 585266 SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2024, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2020 THROUGH 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. IT IS THE CHARTER SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2024, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. FORM 990 - ORGANIZATION'S MISSION THE SUPPORT CORPORATIONS MISSION IS TO SUPPORT AND FACILITATE A COMPLEX SERIES OF LOANS TO THE EARLY CHILDHOOD ACADEMY THROUGH THE NEW MARKETS TAX CREDIT(NMTC) PROGRAM TO DEVELOP AND CONSTRUCT A 300-STUDENT PUBLIC CHARTER SCHOOL FACILITY LOCATED AT 885 BARNABY STREET, SE, WASHINGTON D.C. 20032. IN ADDITION TO SERVING AS A LEVERAGED LENDER UNDER THE NMTC PROGRAM, THE SUPPORT CORPORATION WILL PROVIDE THE PROJECT'S EQUITY INVESTOR WITH A NUMBER OF ASSURANCES REGARDING THE PROJECT'S ELIGIBILITY FOR THE NEW MARKETS TAX CREDITS. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEER SERVICES WERE PROVIDED BY FIVE MEMBERS OF THE BOARD FORM 990, PAGE 6, PART VI, LINE 11B RELEVANT INFORMATION IS GIVEN TO A 3RD PARTY FOR 990 PREPARATION AND REVIEW. THE COMPLETED DOCUMENT IS THEN PRESENTED TO THE EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER AND THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ALL NEW BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A DISCLOSURE DOCUMENT. EACH PERSON SHALL COMPLETE A DISCLOSURE FORM EACH YEAR AND THE POLICY IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD. PRIOR TO BOARD ACTION INVOLVING A CONFLICT OF INTEREST, THE BOARD MEMBER HAVING A CONFLICT OF INTEREST SHALL DISCLOSE ALL FACTS RELATED TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE IS REFLECTED IN THE MINUTES OF THE MEETING AND THE BOARD ADDRESSES THE MATTER IN A WAY TO ENSURE THE BEST INTERESTS OF THE ORGANIZATION ARE FURTHERED. THE BOARD MEMBER WHO HAS A CONFLICT OF INTEREST SHALL RECUSE THEMSELVES FROM PARTICIPATING IN THE DECISION EXCEPT TO RESPOND TO QUESTIONS. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS, INCLUDING THE APPLICATION FOR EXEMPTION, THE ARTICLES OF INCORPORATION AND THE BYLAWS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. IN ADDITION, THE FORM 990 IS MADE AVAILABLE UPON REQUEST AND IT IS AVAILABLE ON GUIDESTAR. EARLY CHILDHOOD ACADEMY PUBLIC CHARTER SCHOOL 885 BARNABY STREET SE WASHINGTON DC 20032 260088232 NMTC DC 501C3 12B N/A false false false false true false false false false false false false false false false false false false false false EARLY CHILDHOOD ACADEMY PUBLIC CHARTER SCHOOL D 22958 COST