2024-01-30T10:59:53-06:00 2023-06-30 832175462 MARSHALL JONES 3097 E SHADOWLAWN AVE NE ATLANTA GA 30305 990 2022-07-01 472730451 FOUNDING FOURTEEN INC FULTON ACADEMY OF SCIENCE AND TECHNOLOGY FOUN 6783211100 11365 CRABAPPLE ROAD ROSWELL GA 30075 JOSEPH AKPAN BOARD CHAIR 6783211100 2024-01-30 1 JOSEPH AKPAN 999009999 1 NATHAN LUMMUS P02049603 4042312001 2024-01-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FULTON ACADEMY OF SCIENCE AND TECHNO JOSEPH AKPAN 11365 CRABAPPLE ROAD ROSWELL GA 30075 7336360 0 X WWW.FASTK8.ORG X 2015 GA THE MISSION OF FULTON ACADEMY OF SCIENCE AND TECHNOLOGY (FAST) IS TO PROVIDE AN EDUCATION BASED ON DESIGN THINKING AND PROBLEM-SOLVING WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) TO K-8 CHILDREN IN THE DIVERSE FULTON COUNTY COMMUNITY. FAST'S GOAL IS TO PREPARE CHILDREN IN A WAY THAT PROVIDES THEM A FOUNDATION TO BE CREATIVE INNOVATORS AND PROBLEM SOLVERS SO THEY ARE PREPARED FOR SUCCESS AND LEADERSHIP IN OUR RAPIDLY CHANGING WORLD. WITH THE DIVERSE DEMOGRAPHICS OF OUR EXISTING COMMUNITY SERVING AS THE BACKGROUND THEME FOR ACADEMICS, CHILDREN WILL DEVELOP THE FOUNDATIONS FOR LEARNING AND THINKING THAT PREPARES THEM FOR SUCCESS IN POST-SECONDARY EDUCATION AND CAREERS. 10 10 0 0 0 0 6575994 7180180 129860 156180 0 0 0 0 6705854 7336360 0 0 0 0 4937814 5015769 0 0 0 2171251 2788183 7109065 7803952 -403211 -467592 29022415 30396077 31968363 33809617 -2945948 -3413540 X THE MISSION OF FULTON ACADEMY OF SCIENCE AND TECHNOLOGY (FAST) IS TO PROVIDE AN EDUCATION BASED ON DESIGN THINKING AND PROBLEM-SOLVING WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) TO K-8 CHILDREN IN THE DIVERSE FULTON COUNTY COMMUNITY. FAST'S GOAL IS TO PREPARE CHILDREN IN A WAY THAT PROVIDES THEM A FOUNDATION TO BE CREATIVE INNOVATORS AND PROBLEM SOLVERS SO THEY ARE PREPARED FOR SUCCESS AND LEADERSHIP IN OUR RAPIDLY CHANGING WORLD. WITH THE DIVERSE DEMOGRAPHICS OF OUR EXISTING COMMUNITY SERVING AS THE BACKGROUND THEME FOR ACADEMICS, CHILDREN WILL DEVELOP THE FOUNDATIONS FOR LEARNING AND THINKING THAT PREPARES THEM FOR SUCCESS IN POST-SECONDARY EDUCATION AND CAREERS. 0 0 5893409 PROVIDE AN EDUCATION BASED ON DESIGN THINKING AND PROBLEM-SOLVING WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) TO K-8 CHILDREN IN THE DIVERSE FULTON COUNTY COMMUNITY AND PREPARE CHILDREN IN A WAY THAT PROVIDES THEM A FOUNDATION TO BE CREATIVE INNOVATORS AND PROBLEM SOLVERS SO THEY ARE PREPARED FOR SUCCESS AND LEADERSHIP IN OUR RAPIDLY CHANGING WORLD. 127458 156180 AFTER-SCHOOL PROGRAM PROVIDES AFTERCARE FOR STUDENTS AFTER SCHOOL HOURS 6020867 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 GA X RON RHODES 6782065067 11365 CRABAPPLE ROAD ROSWELL GA 30075 X JOSEPH AKPAN BOARD CHAIR 2.00 X X 0 0 0 JENEVIEVE GOSS GOVERNING BOARD MEMBER 2.00 X 0 0 0 YVONNE LAMPKIN FOWLKES GOVERNING BOARD MEMBER 2.00 X 0 0 0 SCOTT BOZE GOVERNING BOARD MEMBER 2.00 X 0 0 0 JOESPH AKPAN GOVERNING BOARD MEMBER 2.00 X 0 0 0 BRIAN FITZPATRICK GOVERNING BOARD MEMBER 2.00 X 0 0 0 DAVID MACNAIR GOVERNING BOARD MEMBER 2.00 X 0 0 0 KAREN DOTY GOVERNING BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 7143503 36677 7180180 AFTER SCHOOL CARE 900099 156180 156180 156180 7336360 156180 0 0 3039465 2331527 707938 1920442 1473142 447300 55862 42851 13011 32132 32132 24882 24882 13648 13648 66903 66903 2523 2523 319812 319812 907570 907570 33542 33542 LOCAL GRANT ADMINISTRAT 399650 399650 CLASSROOM EXPENSES 203519 203175 344 AFTER SCHOOL PROGRAM 127458 127458 CUSTODIAL EXPENSES 107117 107117 549427 148779 400648 7803952 6020867 1783085 0 1934424 2438688 9356 157572 20113 38358 1066719 493175 598657 573544 26459865 27187915 29022415 30396077 360485 402314 31607878 33407303 31968363 33809617 X -3544605 -3987084 598657 573544 0 0 -2945948 -3413540 29022415 30396077 -467592 0 X X 0 1 X 1 0 X 1066719 493175 573544 573544 SECURITY DEPOSITS 54835 DEFERRED OUTFLOWS OF RESOURCES 3444432 LEASE ASSET 23688648 27187915 NET PENSION LIABILITY 6965879 LEASE LIABILITY 26372417 DEFERRED INFLOWS OF RESOURCES 69007 33407303 X 7336360 0 7336360 0 7336360 7803952 0 7803952 0 7803952 PART X, LINE 2: THE SCHOOL ONLY RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE THE SCHOOL OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE THAT ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 FULTON COUNTY GRANTS ARE PAID TO THE SCHOOL IN MONTHLY INSTALLMENTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN HOW THE BOARD ASSUMES OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS.