2024-04-29T12:54:07-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 464366962 VERTUS CHARTER SCHOOL VERT 5857478911 21 HUMBOLDT STREET ROCHESTER NY 14609 JULIE A LOCEY CHIEF EDUCATION OFFICER 5857478911 2024-04-24 1 JULIE LOCEY 999009999 0 MICHELLE CAIN P00150750 5854231860 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JULIE A LOCEY 21 HUMBOLDT STREET ROCHESTER NY 14609 7221395 0 X WWW.VERTUSSCHOOL.ORG X 2013 NY VERTUS CHARTER SCHOOL PREPARES LEADERS OF CHARACTER FOR THE COMMUNITY AND THE WORKPLACE. VERTUS IS A YEAR-ROUND PREPARATORY HIGH SCHOOL SERVING YOUNG MEN WHO ARE AT RISK OF NOT COMPLETING HIGH SCHOOL. EVERY STUDENT WILL EARN A REGENTS DIPLOMA AS WELL AS A TECHNICAL CERTIFICATE OR JOB CREDENTIAL THAT WILL ENABLE HIM TO SUPPORT HIMSELF. UPON GRADUATION, EACH STUDENT WILL CHOOSE THE POST-SECONDARY PATHWAY THAT IS RIGHT FOR HIM; UNIVERSITY, COMMUNITY COLLEGE, FURTHER TECHNICAL TRAINING, OR A GOOD JOB. 7 7 84 9 0 0 1772581 1241544 4812010 5867556 0 60769 0 -34724 6584591 7135145 0 0 0 0 3470440 3900031 0 0 98883 1803513 2045235 5273953 5945266 1310638 1189879 2168943 5046731 479343 2167252 1689600 2879479 X VERTUS' MISSION IS TO PREPARE LEADERS OF CHARACTER FOR THE COMMUNITY AND THE WORKPLACE. 0 0 4767586 5864876 VERTUS PREPARES LEADERS OF CHARACTER FOR THE COMMUNITY AND THE WORKPLACE, THROUGH:-CAREER PREPARATION: EVERY STUDENT EARNS THE CREDENTIALS TO GET A GOOD JOB IN ADDITION TO A HIGH SCHOOL DIPLOMA. AFTER GRADUATION, EACH STUDENT CHOOSES THE PATH THAT IS RIGHT FOR HIM: COLLEGE, TECHNICAL SCHOOL, OR STARTING A CAREER. VERTUS CONTINUES TO EXPAND IT'S COLLEGE AND CAREER READINESS PROGRAM EACH YEAR; INVESTING IN THREE COUNSELORS AND MULTIPLE PROGRAMS TO HELP ENSURE POST-SECONDARY SUCCESS.-PERSONALIZED CURRICULUM: EACH STUDENT HAS AN INDIVIDUAL LEARNING PLAN TAILORED TO HIS ABILITIES AND INTERESTS AND LEARNS AT THE PACE THAT IS RIGHT FOR HIM. SEMINAR ROOMS AND LEARNING LABS REPLACE TRADITIONAL CLASSROOMS. COMMUNITY SERVICE, ROBOTICS, RECORDING STUDIO, ENTREPRENEURS CLUB, PHOTOGRAPHY, STUDENT GOVERNMENT AND SPORTS KEEP ACTIVE BOYS ENGAGED AND BUILD REAL-WORLD SKILLS.-STRONG RELATIONSHIPS: EACH STUDENT BELONGS TO A SMALL LEARNING TEAM OF 12-18 STUDENTS, LED BY A FULL-TIME PRECEPTOR, WHO KEEPS EACH YOUNG MAN ON THE RIGHT PATH AND IS RESPONSIBLE FOR THE SUCCESS OF EVERY STUDENT ON THE TEAM. CONSISTENT CONTACT WITH STUDENT'S PARENTS/GUARDIANS INCLUDING THREE FAMILY CONFERENCE NIGHTS EACH YEAR HELP ENSURE PARENTS REMAIN ENGAGED IN THEIR SON'S EDUCATION. 4767586 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 29 0 84 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X AMY BRISSON 5855461840 280 EAST BROAD STREET SUITE 300 ROCHESTER NY 14614 MICHAEL MANDINA TRUSTEE 1.00 X 0 0 0 EVAN GALLINA SECRETARY 1.00 X X 0 0 0 VICTORIA VAN VOOHIS CHAIR 1.00 X X 0 0 0 DR FREDERICK JOHNSON TRUSTEE - RESIGNED MAY 2023 1.00 X 0 0 0 DR CALVIN GANTT TRUSTEE 1.00 X 0 0 0 DR CAROL GARRETT TRUSTEE - RESIGNED APRIL 2023 1.00 X 0 0 0 DEKEDRIAN JOHNSON TRUSTEE 1.00 X 0 0 0 SPENCER ASH TRUSTEE 1.00 X 0 0 0 JACK O'CONNELL TRUSTEE 1.00 X 0 0 0 JULIE LOCEY CHIEF EDUCATION OFFICER 40.00 X 147500 0 11015 147500 0 11015 1 0 1 0 21 HUMBOLDT ST LLC 1080 PITTSFORD-VICTOR RD SUITE 100 PITTSFORD NY 14534 RENT 428395 1 58310 880633 302601 42212 1241544 STATE AND LOCAL PER PU 611600 5867556 5867556 5867556 60769 60769 8480 58310 40524 -32044 -32044 43046 45726 -2680 -2680 7135145 5864876 0 28725 140917 128234 12683 3085991 2496537 530107 59347 78593 62874 14147 1572 318016 253009 58391 6616 276514 221211 49773 5530 9911 9911 110870 110870 75514 681 74816 17 102062 81650 18371 2041 164070 131256 29533 3281 546761 437409 98417 10935 142751 114201 25695 2855 72771 58217 13099 1455 STUDENT SERVICES 297398 297398 SUPPLIES AND MATERIALS 187409 185702 1536 171 STUDENT AND STAFF RECRU 131640 130773 780 87 REPAIRS AND MAINTENANCE 127717 102174 22989 2554 76361 66260 7679 2422 5945266 4767586 1078797 98883 1329921 138324 2446562 256341 356775 96325 113993 1496824 1016959 386356 479865 100000 1511212 2168943 5046731 232439 604061 61167 10182 185737 1553009 479343 2167252 X 1626890 2679273 62710 200206 1689600 2879479 2168943 5046731 1189879 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 449757 330981 118776 735327 504947 230380 311740 181031 130709 479865 CASH IN ESCROW 100000 RIGHT OF USE ASSETS - OPERATING 1411212 1511212 LEASE LIABILITIES - OPERATING 1553009 1553009 X 7221395 86250 86250 7135145 0 7135145 6031516 86250 86250 5945266 0 5945266 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 FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOOL STORE PURCHASES 45,726. FUNDRAISING EVENT DIRECT EXPENSES 40,524. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOOL STORE PURCHASES 45,726. FUNDRAISING EVENT DIRECT EXPENSES 40,524. 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 DISSEMINATES ITS POLICY ON OUTREACH MATERIAL, APPLICATIONS AND ITS 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 SCHOOL RECEIVES FEDERAL CHARTER SCHOOL PROGRAM GRANT FUNDING. VERTUS GALA 66790 58310 8480 4675 22264 7613 5972 66790 58310 8480 4675 22264 7613 5972 40524 -32044 X 0 0 0 0 0 0 0 0 0 JULIE LOCEY CHIEF EDUCATION OFFICER 143000 0 4500 0 0 0 0 0 11015 0 158515 0 0 0 X 2 38931 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF FORM 990 IS REVIEWED BY THE HEAD OF THE SCHOOL AND THE FINANCE COMMITTEE. THE BOARD APPROVES FORM 990 WHICH IS THEN SIGNED BY THE BOARD DESIGNEE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY BOARD MEMBERS, OFFICERS, AND EMPLOYEES DISCLOSE ANY CONFLICTS OF INTEREST. THE CODE OF ETHICS DESCRIBES THE ORGANIZATION'S PROCEDURES AND IS PROVIDED TO ALL TRUSTEES, OFFICERS, AND EMPLOYEES OF THE SCHOOL UPON THEIR EMPLOYEMENT OR ASSOCIATION WITH THE SCHOOL. IN ADDITION BOARD MEMBERS SHALL DISCLOSE TO THE BOARD THEIR INTEREST, WITH RESPECT TO A TRANSACTION THE BOARD IS CONSIDERING AND SENIOR STAFF SHALL DISCLOSE ANY INTEREST TO THE EXECUTIVE DIRECTOR. ANY SENIOR STAFF OR BOARD MEMBER WITH INTERESTS SHALL RECUSE THEMSELVES FROM THE DECISION-MAKING PROCESS. THE NATURE OF THE INTEREST AND THE INDIVIDUAL'S RECUSAL, OR THE CHAIR'S DETERMINATION NOT TO REQUIRE RECUSAL, SHALL BE MEMORIALIZED IN WRITING. IN NO EVENT SHALL BOARD MEMBERS VOTE ON TRANSACTIONS IN WHICH THEY HAVE A FINANCIAL INTEREST. IN ADDITION, THE BOARD EXPECTS BOARD MEMBERS AND SENIOR STAFF TO DISCLOSE CLOSE FRIENDSHIPS WITH (A) ANY PERSON WITH WHOM VERTUS IS CONSIDERING A TRANSACTION, AND (B) ANY PERSON WHO HAS A SIGNIFICANT POSITION IN AN ENTITY WITH WHICH VERTUS IS CONSIDERING A TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL SEEKS TO ENSURE THAT COMPENSATION IS REASONABLE AND REPRESENTS THE FAIR MARKET VALUE FOR SERVICES RENDERED. COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THE SCHOOL SETS COMPENSATION WITHIN THE RANGE OF THE GOING MARKET RATE. NO INDIVIDUAL HAVING A CONFLICT OF INTEREST UNDER THE SCHOOL'S CONFLICT OF INTEREST POLICY IS PERMITTED TO PARTICIPATE IN THE REVIEW OR DECISION MAKING PROCESS. 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.