2024-05-02T13:24:47-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 453957158 ASCEND CHARTER SCHOOLS ASCE 3474647600 205 ROCKAWAY PKWY BROOKLYN NY 11212 RECY BENJAMIN CEO 3474647600 2024-05-02 1 RECY BENJAMIN XXX-XX-XXXX 1 GARRETT M HIGGINS P00543209 2122862600 2024-04-30 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RECY BENJAMIN 205 ROCKAWAY PKWY BROOKLYN NY 11212 147524318 0 X WWW.ASCENDLEARNING.ORG X 2011 NY TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. 7 7 596 7 0 0 16935849 22242590 120478881 124783772 26921 462621 31 35335 137441682 147524318 0 0 0 0 70100071 72933560 0 0 0 65565512 73011960 135665583 145945520 1776099 1578798 56267292 424782493 46034297 410861717 10232995 13920776 X ASCEND CHARTER SCHOOLS' (THE "SCHOOL") MISSION IS TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. THE SCHOOL WILL SPAN KINDERGARTEN THROUGH THE 12TH GRADE AT MATURITY. FROM THE EARLIEST GRADES, STUDENTS WILL STEADILY BUILD A STRONG FOUNDATION OF LEARNING HABITS, CRITICAL THINKING SKILLS, AND KNOWLEDGE; EXCEL ACADEMICALLY IN THE MIDDLE AND HIGH SCHOOL, MASTERING HIGH-LEVEL MATH AND SCIENCE; AND GRADUATE AS CONFIDENT YOUNG ADULTS, PREPARED TO SUCCEED AS COLLEGE STUDENTS, AS CITIZENS, AND AS LEADERS IN THEIR CHOSEN FIELDS. 0 0 120534545 0 124783772 ASCEND CHARTER SCHOOLS IS A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS SERVING 5,690 STUDENTS IN 9 SCHOOLS ACROSS BROOKLYN, NEW YORK'S MOST POPULOUS BOROUGH. OUR UNDERTAKING IS TO LEAD OUR STUDENTS ON A GREAT INTELLECTUAL ADVENTURE, PROVIDE THEM WITH AN EXCEPTIONAL COLLEGE PREPARATORY EDUCATION, AND PLACE THEM FIRMLY ON THE PATH TO SUCCESS IN COLLEGE AND BEYOND. 120534545 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 111 0 596 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X AHMED SALEH 6095800289 205 ROCKAWAY PARKWAY BROOKLYN NY 11212 X NADINE SYLVESTER CHAIR 2.50 X X 0 0 0 STANLEY TAYLOR VICE CHAIR 2.50 X X 0 0 0 SHELLY CLEARY TREASURER 2.50 X X 0 0 0 EMMANUEL FORDJOUR SECRETARY 2.50 X X 0 0 0 JANAI JETER TRUSTEE 2.50 X 0 0 0 GAMAL WALKER TRUSTEE 2.50 X 0 0 0 JACKIE WILSON TRUSTEE 2.50 X 0 0 0 RECY BENJAMIN CEO 40.00 X 0 0 0 LIVIA ANGIOLILLO PRINCIPAL 40.00 X 176072 0 13209 LATASHA WILLIAMS PRINCIPAL 40.00 X 169065 0 11567 BILLIE QUIGLEY PRINCIPAL 40.00 X 163357 0 17324 LEYDE ST LEGER PRINCIPAL 40.00 X 149119 0 17690 LISA ROACH PRINCIPAL 40.00 X 142092 0 19021 799705 0 78811 80 0 1 0 11TH STREET WORKSHOP INC 306 E 11TH ST 1C NEW YORK NY 10003 RENOVATION 3193301 MARTINEZ CLEANING COMPANY INC 90-07 31ST AVENUE EAST ELMHURST NY 11369 CLEANING SERVICES 1441948 SWING EDUCATION INC 2041 EAST ST PMB 884 CONCORD CA 94520 SUBSTITUTE TEACHERS 943635 SCHOOL PROFESSIONALS 622 3RD AVE 39TH FLOOR NEW YORK NY 10017 SUBSTITUTE TEACHERS 828483 MARK LANG PAINTING LLC 42-06A BELL BLVD SUITE 315 BAYSIDE NY 11361 PAINTING SERVICES 491600 46 17980245 4262345 515016 22242590 GOV'T PER-PUPIL REV. 611000 108329707 108329707 GOV'T PER-PUPIL REV.-FACILITIES 611000 16385234 16385234 PROGRAM RELATED RENTAL 531120 68831 68831 124783772 462621 462621 MISCELLANEOUS 900099 35335 35335 35335 147524318 124783772 0 497956 60909154 54181726 6727428 317198 279060 38138 6964823 6129100 835723 4742385 4172187 570198 16627850 6817420 9810430 1304 1304 105319 105319 5545810 4587129 958681 306522 272449 34073 1651898 816694 835204 5011215 4395510 615705 30181971 26374981 3806990 525884 459933 65951 135349 116178 19171 4007985 3505670 502315 800019 702044 97975 CLASSROOM SUPPLIES 4154703 4149003 5700 REPAIRS AND MAINTENANCE 1330652 1170682 159970 STAFF DEVELOPMENT 1125066 1027683 97383 DUES AND SUBSCRIPTIONS 867657 761206 106451 632756 615890 16866 145945520 120534545 25410975 0 1660657 1380776 25806844 16194873 10274467 15994676 590625 186955 37452681 20675949 14933943 16776732 3000756 374248481 56267292 424782493 7692457 6923401 1790602 306372 2075814 1947756 34475424 401684188 46034297 410861717 X 10232995 13920776 10232995 13920776 56267292 424782493 X 1578798 2108983 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16035842 7630764 8405078 1511271 1211427 299844 19905568 11833758 8071810 16776732 RIGHT OF USE ASSETS 369024004 DUE FROM FRIENDS OF ACS 4675447 SECURITY DEPOSITS 549030 374248481 OPERATING LEASE LIABILITIES 400203439 DUE TO AFFILIATES 1480749 401684188 X 149633301 0 149633301 -2108983 -2108983 147524318 145945520 0 145945520 0 145945520 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON TRNASFER OF LEASE TO RELATED PARTY -2,108,983. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2020-23. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT OFFER ANY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. STUDENTS ARE NOT CHARGED TUITION. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X X 0 0 0 0 0 0 0 0 0 LIVIA ANGIOLILLO PRINCIPAL 175997 0 0 0 75 0 0 0 13209 0 189281 0 0 0 BILLIE QUIGLEY PRINCIPAL 163297 0 0 0 60 0 7760 0 9564 0 180681 0 0 0 LATASHA WILLIAMS PRINCIPAL 168979 0 0 0 86 0 1592 0 9975 0 180632 0 0 0 LEYDE ST LEGER PRINCIPAL 149029 0 0 0 90 0 0 0 17690 0 166809 0 0 0 LISA ROACH PRINCIPAL 141879 0 0 0 213 0 5038 0 13983 0 161113 0 0 0 X 515016 COST 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL IS MANAGED BY ASCEND LEARNING, INC., A NEW YORK STATE NOT-FOR-PROFIT CORPORATION. PURSUANT TO AN AGREEMENT, THE FOLLOWING DUTIES HAVE BEEN ASSIGNED TO THE MANAGEMENT COMPANY: - DESIGNING, SELECTING, ACQUIRING, AND IMPLEMENTING THE EDUCATION PROGRAM FOR THE SCHOOL - RECRUITING, SUPERVISING, AND EVALUATING THE SCHOOL DIRECTORS ON BEHALF OF THE SCHOOL - DAY-TO-DAY BUSINESS MANAGEMENT OF THE SCHOOL, INCLUDING MANAGEMENT OF BUSINESS ADMINISTRATION, PAYROLL, AND CONTRACTS WITH PUBLIC AND PRIVATE ENTITIES. MANAGEMENT FEES FOR THE YEAR ENDED JUNE 30, 2023 AMOUNTED TO $16,627,851. NO INDIVIDUALS REPORTED ON PART VII, SECTION A WAS COMPENSATED BY ASCEND LEARNING, INC. THE CEO, RECY BENJAMIN LISTED IN PART VII, SECTION A WAS COMPENSATED BY THE MANAGEMENT COMPANY IN THE AMOUNT OF $166,094 FOR SERVICES TO ASCEND CHARTER SCHOOLS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS, TRUSTEES, AND KEY EMPLOYEES AS PART OF THEIR REGULAR MEETINGS. OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IN ADDITION, THE BOARD OF TRUSTEES SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE, AND THE CONFLICTED PERSON MUST RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE ON SUCH MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: GAIN ON TRNASFER OF LEASE TO RELATED PARTY 2,108,983. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.