2024-05-08T11:16:09-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC ONE CORPORATE DRIVE SUITE 725 SHELTON CT 064846241 990 2022-07-01 223208841 SIDE BY SIDE CHARTER SCHOOL INC SIDE 2038570306 10 CHESTNUT STREET NORWALK CT 06854 MATTHEW NITTOLY EXECUTIVE DIRECTOR 2038570306 2024-05-08 1 MATTHEW NITTOLY 999009999 0 JENNIFER BULL P00448361 2039293535 2024-05-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MATTHEW NITTOLY 10 CHESTNUT STREET NORWALK CT 06854 3392560 0 X SBSCHARTER.ORG X 1992 CT SIDE BY SIDE CHARTER SCHOOL, INC IS A CHARTER SCHOOL THAT WAS CREATED TO REDUCE RACIAL ISOLATION BY PROVIDING A MULTIRACIAL LEARNING ENVIRONMENT FOR URBAN AND SUBURBAN CHILDREN AND THEIR FAMILIES 11 7 55 50 0 0 475005 402672 2822206 2972191 380 344 17965 7596 3315556 3382803 0 0 0 0 2674066 2673470 0 0 2719 1013557 986286 3687623 3659756 -372067 -276953 5166375 6102614 430698 1643890 4735677 4458724 SIDE BY SIDE CHARTER SCHOOL IS A CHARTER SCHOOL THAT WAS CREATED TO REDUCE RACIAL ISOLATION BY PROVIDING A MULTIRACIAL LEARNING ENVIRONMENT FOR URBAN AND SUBURBAN CHILDREN AND THEIR FAMILIES. 0 0 2963265 0 2972191 A SCHOOL LOCATED IN THE INNER CITY OF NORWALK, CT THAT MAINTAINS AN APPROXIMATE STUDENT RATIO OF 30% HISPANIC, 30% AFRICAN AMERICANS, AND 40% CAUCASIAN STUDENTS LOCATED FROM BOTH URBAN AND SUBURBAN AREAS. STUDENTS LOCATED IN BOTH URBAN AND SUBURBAN AREAS. STUDENTS COME FROM APPROXIMATELY 14 TOWNS INCLUDING NORWALK. 2963265 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 1 0 0 0 0 0 0 0 0 0 0 1 17 0 55 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 CT X MATTHEW NITTOLY 2038570306 10 CHESTNUT STREET NORWALK CT 06854 STEPHANIE CECIO PALMER FACULTY/TEACHER 40.00 X 63670 0 7037 AMANDA GORMLEY FACULTY/TEACHER 40.00 X 59064 0 5953 SALLY DAVIDS TEACHER/FOUNDER 40.00 X 97551 0 20971 LARRY CAFERO CHAIRPERSON 1.00 X X 0 0 0 ADAM NORRIS VICE CHAIR 1.00 X X 0 0 0 DEB WHALEN SECRETARY 1.00 X X 0 0 0 NELL CONROY FACULTY/TEACHER 40.00 X 92348 0 45023 CHARA ASKEW-OLIVER COMMUNITY 1.00 X 0 0 0 KIMBERLY GRIMM PAERNT 1.00 X 0 0 0 BRITNEE HENDERSON PARENT 1.00 X 0 0 0 TODD PARKIN PARENT 1.00 X 0 0 0 MATT NITTOLY EXECUTIVE DIRECTOR 40.00 X 193348 0 41144 MARY NEWBERY ASSISTANT DIRECTOR 40.00 X 140522 0 35867 646503 0 155995 2 0 1 0 0 21042 366119 15511 402672 GOV'T PER PUPIL REV. 611710 2910020 2910020 SPECIAL ED REIM. 611710 62171 62171 2972191 344 344 8470 21042 9757 -1287 -1287 OTHER INCOME 900099 8883 8883 8883 3382803 2972191 0 7940 645743 538902 106247 594 41605 41605 1643849 1372475 269461 1913 258368 211597 46771 83905 68255 15458 192 351 351 70387 70387 62876 49048 13828 255 255 77632 36908 40724 52824 52824 229113 191369 37724 20 2514 2514 2907 2907 219655 197690 21965 STUDENT SUPPLIES 156065 156065 REPAIRS AND MAINTENANCE 95172 86604 8568 STAFF DEVELOPMENT 12747 12747 MISCELLANEOUS 3788 3788 3659756 2963265 693772 2719 838579 699770 255760 255786 688 3875 83449 71706 5698517 1902217 3987899 3796300 0 1275177 5166375 6102614 413449 211196 17249 0 0 1432694 430698 1643890 X 4735677 4458724 4735677 4458724 5166375 6102614 -276953 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5402303 1661681 3740622 156848 111202 45646 139366 129334 10032 3796300 RIGHT OF USE ASSET 1275177 1275177 OPERATING LEASE LIABILITY 1432694 1432694 X 3448362 127730 127730 3320632 62171 62171 3382803 3725315 127730 127730 3597585 62171 62171 3659756 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS WHEN THEY 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 JURISDICTION FOR PERIODS PRIOR TO JUNE 30, 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EDUCATION REIMBURSEMENTS 62,171. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EDUCATION REIMBURSEMENTS 62,171. SCHEDULE D, PART XI, LINE 4B AND PART XII, LINE 4B SPECIAL EDUCATION REIMBURSEMENT OF $58,548 INCLUDED IN REVENUE FOR TAX PURPOSES BUT RECLASSIFIED TO EXPENSE FOR FINANCIAL STATEMENT PURPOSES. 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. NEWSPAPER ADS AND IN THE SCHOOL'S PRINTED PUBLICATIONS DISTRIBUTED TO THE PUBLIC DESCRIBING THE SCHOOL PROGRAM. SCHEDULE E, PART I, LINE 4 THE SCHOOL IS FUNDED BY THE STATE OF CONNECTICUT DEPARTMENT OF EDUCATION AND DOES NOT ISSUE SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE AWARDS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE CT BOARD 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. FUN RUN 21042 21042 7758 CHEERS AND BEERS 8470 8470 1999 29512 21042 8470 9757 9757 -1287 0 0 0 0 0 0 0 1 0 MATT NITTOLY EXECUTIVE DIRECTOR 174848 0 15000 0 3500 0 0 0 41144 0 234492 0 0 0 MARY NEWBERY ASSISTANT DIRECTOR 133262 0 6000 0 1260 0 0 0 35867 0 176389 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID DISCRETIONARY BONUSES TO INDIVIDUALS REPORTED IN PART VII AND SCHEDULE J, PART II. SEAN WHALEN FAMILY RELATIONSHIP WITH BOARD MEMBER LISTED IN 990 PART VII 41605 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL HIRES AN OUTSIDE ACCOUNTANT TO AID IN CERTAIN MANAGEMENT DUTIES WITH DIRECT SUPERVISION BY THE SCHOOL'S DIRECTOR. THE MONTHLY BOARD OF DIRECTOR MEETINGS ARE DOCUMENTED IN MINUTES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF 990 THE SCHOOL SENDS A DRAFT OF THE FORM 990 TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C ANY BOARD MEMBER OR EMPLOYEE OF THE BOARD WHO HAS A DIRECT FINANCIAL INTEREST IN THE REAL OR PERSONAL ASSETS OF THE SCHOOL, AS DEFINED BELOW, IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, A POTENTIALLY INTERESTED BOARD MEMBER MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND ALL OTHER MATERIAL FACTS TO THE EXECUTIVE DIRECTOR AND OTHER MEMBERS OF THE GOVERNING BOARD CONCERNING SUCH INTEREST OR THE PROPOSED TRANSACTION OR ARRANGEMENT THAT WOULD CREATE SUCH FINANCIAL INTEREST. A POTENTIALLY INTERESTED EMPLOYEE MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE DIRECTOR OF THE SCHOOL. IF THE POTENTIALLY INTERESTED PERSON IS A BOARD MEMBER, AFTER DISCLOSURE OF THE REAL OR POSSIBLE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE POTENTIALLY INTERESTED BOARD MEMBER, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE POTENTIALLY INTERESTED PERSON IS AN EMPLOYEE, THE DISCLOSURE WILL BE BROUGHT BY THE EXECUTIVE DIRECTOR TO THE BOARD TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE DELIBERATION IS DOCUMENTED. 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 XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.