2025-11-17T10:25:34-06:00 2025-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2024-07-01 461609693 THE NEW AMERICAN ACADEMY CHARTER SCHOOL NEWA 7183851709 9301 AVENUE B BROOKLYN NY 11236 VARLETON MCDONALD BOARD CHAIR 8455703217 2025-11-05 1 1 KURT BUTTON P01546007 5854231860 2025-11-05 2024 2025-03-06 01:10:19Z VARLETON MCDONALD 9301 AVENUE B BROOKLYN NY 11236 5187438 0 X HTTP://WWW.THENEWAMERICANACADEMY.ORG/ X 2012 NY THE NEW AMERICAN ACADEMY CHARTER SCHOOL EMPOWERS LEARNERS AND INSPIRES LEADERS TO MAKE THIS A BETTER WORLD. THROUGH OUR COLLABORATIVE TEACHER TEAMS, MASTERY-BASED CAREER LADDER, AND LOOPING CYCLES, WE OFFER PERSONALIZED RIGOROUS INSTRUCTION THAT ENABLES OUR STUDENTS TO SUCCEED IN HIGH SCHOOL, COLLEGE AND THEIR FUTURE LIVES. 5 5 47 5 0 0 538710 331871 5040712 4855547 20 20 0 0 5579442 5187438 0 0 0 0 4392391 4418923 0 0 0 1196185 1116793 5588576 5535716 -9134 -348278 3273147 3060926 459599 595656 2813548 2465270 X THE NEW AMERICAN ACADEMY CHARTER SCHOOL EMPOWERS LEARNERS AND INSPIRES LEADERS TO MAKE THIS A BETTER WORLD. THROUGH OUR COLLABORATIVE TEACHER TEAMS, MASTERY-BASED CAREER LADDER, AND LOOPING CYCLES, WE OFFER PERSONALIZED RIGOROUS INSTRUCTION THAT ENABLES OUR STUDENTS TO SUCCEED IN HIGH SCHOOL, COLLEGE AND THEIR FUTURE LIVES. 0 0 4607580 4855547 TO SUPPORT THE EFFORTS AND MISSION OF THE NEW AMERICAN ACADEMY CHARTER SCHOOL. THE SCHOOL OFFICIALLY OPENED ITS DOORS TO STUDENTS IN AUGUST 2013. 4607580 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 0 0 0 0 0 0 0 0 0 1 8 0 47 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHARTER SCHOOL BUSINESS MANAGEMENT INC 8887102726 237 W 35TH STREET SUITE 301 NEW YORK NY 10001 VARLETON MCDONALD CHAIRMAN 1.00 X X 0 0 0 COLLEEN O'BRIEN-KELLY VICE CHAIRPERSON 1.00 X X 0 0 0 ELIZABETH DEANGELIS SECRETARY 1.00 X X 0 0 0 HOLLY SPARKS-HUNT TRUSTEE 1.00 X 0 0 0 CHRISTY CUELLAR TRUSTEE 1.00 X 0 0 0 JENNIFER TRANI DIR. OF DATA AND FINANCE 50.00 X 149269 0 38622 LISA PARQUETTE-SILVA PRINCIPAL 50.00 X 202500 0 8000 SHEILA HOPKINS-OSNES ASSISTANT PRINCIPAL 50.00 X 180386 0 7116 OLAWA GIBSON MASTER TEACHER 50.00 X 157535 0 24774 TINA SPAIC DIRECTOR OF SPED 50.00 X 130607 0 37944 DIAMOND MAYS LEAD PARTNER TEACHER 50.00 X 121960 0 24460 CYNTHIS TERRY SPECIAL ED LEAD TEACHER 50.00 X 117446 0 15971 MICHELLE PERKINS PARTNER TEACHER 50.00 X 113461 0 15811 1173164 0 172698 8 0 1 0 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 W 35TH STREET SUITE 301 NEW YORK NY 10001 FINANCIAL MANAGEMENT 239130 ROADS TO SUCCESS 174 E 104 STREET 3RD FLOOR NEW YORK NY 10029 AFTER SCHOOL PROGRAM 114385 2 216671 115200 16744 331871 PER PUPIL STATE AID 611600 4855547 4855547 4855547 20 20 5187438 4855547 0 20 581978 345175 236803 2956146 2566791 389355 105828 92149 13679 503930 442670 61260 271041 225228 45813 9435 9435 29000 29000 327781 283075 44706 91340 90588 752 62264 51740 10524 106076 89836 16240 115081 95629 19452 50866 42437 8429 SUPPLIES AND MATERIALS 100018 100018 STUDENT SERVICES 97840 97840 STAFF DEVELOPMENT 82548 63028 19520 OTHER EXPENSES 22139 22139 22405 21376 1029 5535716 4607580 928136 0 2531012 2616656 257918 12849 63272 46034 1280397 1084207 288557 196190 132388 189197 3273147 3060926 394614 399536 32603 105902 32382 90218 459599 595656 X 2813548 2465270 2813548 2465270 3273147 3060926 -348278 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 271871 197144 74727 602568 507064 95504 405958 379999 25959 196190 CASH IN ESCROW 100255 RIGHT OF USE ASSETS 88942 189197 LEASE LIABILITIES 90218 90218 X 6586298 1398860 1398860 5187438 0 5187438 6934576 1398860 1398860 5535716 0 5535716 PART X, LINE 2: THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES TAX RETURNS IN VARIOUS JURISDICTIONS AND IS SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES. THE CHARTER SCHOOL'S CURRENT AND PRIOR THREE YEARS TAX RETURNS REMAIN SUBJECT TO REVIEW BY TAXING AUTHORITIES. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS PUBLISHED THEIR POLICY AS PART OF THEIR ADMISSIONS Q&A SECTION ON THEIR WEBSITE. SCHEDULE E, PART I, LINE 4 THE SCHOOL IS A FREE PUBLIC CHARTER SCHOOL. NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE IS OFFERED. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION IS A SCHOOL AND THEREFORE ELIGIBLE FOR NUMEROUS GOVERNMENT GRANTS FOR SCHOOL RELATED EXPENSES IN ADDITION TO PER PUPIL FUNDING THAT IS AWARDED TO SCHOOLS X X 0 0 0 0 0 0 0 0 0 LISA PARQUETTE-SILVA PRINCIPAL 202500 0 0 0 0 0 8000 0 0 0 210500 0 0 0 JENNIFER TRANI DIR. OF DATA AND FINANCE 149269 0 0 0 0 0 6275 0 32347 0 187891 0 0 0 SHEILA HOPKINS-OSNES ASSISTANT PRINCIPAL 180386 0 0 0 0 0 7116 0 0 0 187502 0 0 0 OLAWA GIBSON MASTER TEACHER 157535 0 0 0 0 0 4787 0 19987 0 182309 0 0 0 TINA SPAIC DIRECTOR OF SPED 130607 0 0 0 0 0 5597 0 32347 0 168551 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY REVIEWS THE FORM FOR ACCURACY BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C BY PROVIDING EMPLOYEES, TRUSTEES, & OFFICERS OF THE SCHOOL, WHETHER PAID OR UNPAID, WITH THE CODE OF ETHICS AND CONFLICT OF INTEREST POLICY THESE ARE PERIODICALLY REVIEWED AND DISCUSSED BY THE DIR. OF OPERATIONS AND OPERATIONS ASSOCIATE. FORM 990, PART VI, SECTION B, LINE 15 SCHOOL'S BOARD REVIEWES ALL SALARIES AS PART OF THE BUDGET PLANNING AND REVIEW PROCESS. THE PROCESS FOR SETTING SALARIES INVOLVES COMPARISONS WITH OTHER CHARTER SCHOOLS, PUBLIC SCHOOLS, AND NOT-FOR-PROFIT CORPORATIONS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE LOCATED AT THE SCHOOL AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.