2024-05-02T12:57:52-05:00 2023-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2022-07-01 262272858 PAVE ACADEMY CHARTER SCHOOL PAVE 7188587813 732 HENRY STREET BROOKLYN NY 11231 ELDRIDGE GILBERT BOARD CHAIR 7188587813 2024-05-02 1 ELDRIDGE GILBERT 999009999 1 GARRETT M HIGGINS P00543209 2122862600 2024-05-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARSHA GADSDEN 732 HENRY STREET BROOKLYN NY 11231 12189599 0 X WWW.PAVEACADEMY.ORG X 2008 NY TO PREPARE STUDENTS TO THRIVE IN COMPETITIVE HIGH SCHOOLS AND FOUR YEAR COLLEGES. 9 9 139 9 0 0 2499246 2346017 9450037 9783850 47 56460 13989 3272 11963319 12189599 0 0 0 0 7052555 7728203 0 0 0 3085928 3610189 10138483 11338392 1824836 851207 8621008 9526328 518164 572277 8102844 8954051 X PAVE IS A K-8 COLLEGE-PREPARATORY CHARTER SCHOOL THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. WE BUILD OUR STUDENTS BRICK BY BRICK; EQUIPPING THEM WITH THE ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS THAT THEY NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND LEADERS IN THEIR COMMUNITIES. 0 0 10019321 0 9783850 THE SCHOOL PROVIDES STUDENTS A RIGOROUS, COLLEGE-PREPARATORY EDUCATION THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. THE SCHOOL'S EVIDENCE-BASED, MULTI-PRONGED APPROACH RECOGNIZES THAT YOUNG PEOPLE - PARTICULARLY YOUNG PEOPLE OF COLOR FROM HIGH-POVERTY COMMUNITIES - CAN ONLY ACHIEVE ACADEMIC SUCCESS WHEN THEY FEEL SAFE, SUPPORTED, CONNECTED, AND EMOTIONALLY HEALTHY. TO THAT END, THE SCHOOL EQUALLY FOSTERS THE ACADEMIC, SOCIAL, AND EMOTIONAL DEVELOPMENT OF SKILLS STUDENTS NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND FUTURE LEADERS IN THEIR COMMUNITIES. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 466 STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE IN THE 2022-2023 ACADEMIC YEAR. 10019321 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 35 0 139 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LISA LURIE 7188587813 732 HENRY STREET BROOKLYN NY 11231 ELDRIDGE GILBERT CHAIR 1.00 X X 0 0 0 MELANIE DUKES VICE CHAIR 1.00 X X 0 0 0 ALLIE SWEENEY TREASURER 1.00 X X 0 0 0 DANIEL GREENBLATT TRUSTEE 1.00 X 0 0 0 COLEMAN KENNEDY TRUSTEE 1.00 X 0 0 0 SOPHIE LIPPINCOTT FERRER TRUSTEE 1.00 X 0 0 0 KIM LUMPKIN TRUSTEE 1.00 X 0 0 0 SPENCER ROBERTSON TRUSTEE 1.00 X 0 0 0 MELISSA TORRES TRUSTEE 1.00 X 0 0 0 MARSHA GADSDEN EXECUTIVE DIRECTOR 45.00 X 209979 0 6188 MICHELLE COOK ELEMENTARY SCHOOL PRINCIPAL 45.00 X 134331 0 30020 HAROLD TURNER MIDDLE SCHOOL PRINCIPAL 45.00 X 138252 0 14056 DARREN HORN DIRECTOR OF STEM 45.00 X 137739 0 17850 DAWN ANTOINE K-8 DIRECTOR OF OPERATIONS 45.00 X 127954 0 49314 DORIS GALARZA 4TH GRADE TEACHER 45.00 X 115074 0 18521 DESPINA TSAFOS INTERVENTION SPECIALIST 45.00 X 113976 0 16296 MARGARET BROWN ASSOC. DIRECTOR OF OPERATIONS 45.00 X 112887 0 16548 1090192 0 168793 11 0 1 0 BUTTERBEANS INC 41-43 39TH STREET SUNNYSIDE NY 11104 SCHOOL FOOD PROVIDER 345958 KOKUA PO BOX 732697 DALLAS TX 75373 SUBSTITUTE TEACHERS 178310 SIGNATURE CLEANING SERVICES 231 WEST 29TH ST SUITE 607 NEW YORK NY 10001 CLEANING SERVICES 163437 MARTINEZ CLEANING CO INC 90-07 31ST AVENUE EAST ELMHURST NY 11369 CLEANING SERVICES 135132 LAVINIA GROUP PO BOX 1319 SAG HARBOR NY 11963 CURRICULUM & PROF. DEVELOPMENT 120425 7 1776315 569702 35760 2346017 GOV'T PER-PUPIL REVENUE 900099 9783850 9783850 9783850 56460 56460 OTHER INCOME 900099 3272 3272 3272 12189599 9783850 0 59732 X 540821 304776 236045 5759127 5148567 610560 45539 42994 2545 886685 765313 121372 496031 429466 66565 3104 2687 417 59999 51947 8052 1209844 1096287 113557 106535 97838 8697 213852 186947 26905 92380 79983 12397 306702 265544 41158 6302 5456 846 178022 154133 23889 48217 41747 6470 CLASSROOM MATERIALS 523890 523890 STUDENT MEALS 453800 453800 REPAIRS & MAINTENANCE 262736 227478 35258 STAFF LUNCHES/TEAM BUIL 69491 65286 4205 75315 75182 133 11338392 10019321 1319071 0 7120455 2736834 76498 4527075 1119241 959781 352 0 85294 58760 1563642 1347140 219168 216502 0 1005376 0 22000 8621008 9526328 518164 572277 518164 572277 X 7977204 8810150 125640 143901 8102844 8954051 8621008 9526328 851207 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 253813 207629 46184 1024395 920514 103881 285434 218997 66437 216502 X 12209158 19559 19559 12189599 0 12189599 11357951 19559 19559 11338392 0 11338392 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. 1 1 1 1 1 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 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. THE SCHOOL ALSO RECEIVED THE EMPLOYEE RETENTION CREDIT. LINE 4 - EXPLANATION OF RECORDKEEPING: 4A. THE SCHOOL MAINTAINS RECORDS ON THE RACIAL COMPOSITION OF ITS STUDENT BODY AND COLLECTS RACIAL INFORMATION ON A VOLUNTARY BASIS FROM FACULTY AND ADMINISTRATIVE STAFF. 4B. THE SCHOOL IS A TUITION-FREE PUBLIC SCHOOL AND DOES NOT NEED TO AWARD SCHOLARSHIPS FOR TUITION. THE SCHOOL DOES OFFER SCHOLARSHIPS ON A RACIALLY NON-DISCRIMINATORY BASIS FOR SCHOOL-RELATED EXTRACURRICULAR ACTIVITIES. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X 0 0 0 0 0 0 0 0 0 MARSHA GADSDEN EXECUTIVE DIRECTOR 209474 0 0 0 505 0 4027 0 2161 0 216167 0 0 0 DAWN ANTOINE K-8 DIRECTOR OF OPERATIONS 127449 0 0 0 505 0 2770 0 46544 0 177268 0 0 0 MICHELLE COOK ELEMENTARY SCHOOL PRINCIPAL 133826 0 0 0 505 0 0 0 30020 0 164351 0 0 0 DARREN HORN DIRECTOR OF STEM 137180 0 0 0 559 0 2727 0 15123 0 155589 0 0 0 HAROLD TURNER MIDDLE SCHOOL PRINCIPAL 137756 0 0 0 496 0 0 0 14056 0 152308 0 0 0 X 35760 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. ANY QUESTIONS, COMMENTS, OR REQUIRED CHANGES ARE FORWARDED TO THE ACCOUNTING FIRM, AND A FINAL VERSION IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL TRUSTEES, OFFICERS, KEY PERSONS AND EMPLOYEES OF THE SCHOOL. ANY PERSON WITH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST MUST PROMPTLY DISCLOSE SUCH POTENTIAL OR ACTUAL CONFLICT OF INTEREST IN GOOD FAITH IN WRITING TO HIS OR HER IMMEDIATE SUPERVISOR, AS APPLICABLE, AND TO EACH MEMBER OF THE BOARD. ANY TRUSTEE, OFFICER, KEY PERSON OR EMPLOYEE TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES MAY NOT BE PRESENT AT OR PARTICIPATE IN THE BOARD OR COMMITTEE DELIBERATION OR VOTE ON THE MATTER GIVING RISE TO SUCH CONFLICT; PROVIDED THAT NOTHING PROHIBITS THE BOARD OR A COMMITTEE FROM REQUESTING THAT THE PERSON WITH THE CONFLICT OF INTEREST PRESENT INFORMATION AS BACKGROUND OR ANSWER QUESTIONS AT A COMMITTEE OR BOARD MEETING PRIOR TO THE COMMENCEMENT OF DELIBERATIONS OR VOTING RELATING THERETO. THE BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES OR COMMITTEE MEMBERS WHETHER A CONFLICT EXISTS. THE INTEREST PERSON IS RECUSED FROM PARTICIPATING IN DECISION MAKING ON MATTERS INVOLVING THE CONFLICT. ALL TRUSTEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AND SUBMIT IT TO THE BOARD SECRETARY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 PAVE PARTICIPATES IN AN ANNUAL COMPENSATION SURVEY CONDUCTED BY A CHARTER SCHOOL INDUSTRY ASSOCIATION, WHICH SURVEYS SIMILAR ORGANIZATIONS ON THEIR COMPENSATION PRACTICES AND AMOUNTS. NEARLY ALL OF PAVE'S POSITIONS ARE REFLECTED IN THIS SURVEY, INCLUDING BUT NOT LIMITED TO: EXECUTIVE DIRECTOR, THE ELEMENTARY SCHOOL PRINCIPAL, THE MIDDLE SCHOOL PRINCIPAL, FUNCTIONAL DIRECTORS, AND TEACHERS. ADDITIONALLY, PAVE REFERS TO THE NYC DOE SCHEDULES FOR SCHOOL LEADERS AND INSTRUCTIONAL STAFF, AS WELL AS OTHER NON-PROFIT COMPENSATION SCHEDULES ACROSS THE NON-PROFIT SECTOR AS A WHOLE. PAVE CONDUCTS ITS REVIEW OF COMPENSATION AND SETS REASONABLE COMPENSATION ANNUALLY. EXECUTIVE COMPENSATION IS APPROVED BY THE BOARD AND DOCUMENTED IN THE MINUTES OF THE BOARD. THIS PROCESS WAS LAST CONDUCTED IN FY 2023. FORM 990, PART VI, SECTION C, LINE 19 PAVE ACADEMY CHARTER SCHOOL 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 IX, LINE 11G SECURITY/CUSTODIAL SERVICES: PROGRAM SERVICE EXPENSES 340,078. MANAGEMENT AND GENERAL EXPENSES 52,710. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 392,788. ADMINISTRATIVE & INSTRUCTIONAL CONSULTING: PROGRAM SERVICE EXPENSES 363,634. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 363,634. TEMP STAFFING: PROGRAM SERVICE EXPENSES 319,369. MANAGEMENT AND GENERAL EXPENSES 49,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 368,869. FINANCIAL MANAGMENT SERVICE: PROGRAM SERVICE EXPENSES 50,044. MANAGEMENT AND GENERAL EXPENSES 7,756. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,800. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 23,162. MANAGEMENT AND GENERAL EXPENSES 3,591. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,753. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.