2024-05-01T14:04:20-05:00 2023-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2022-07-01 461986417 ACHIEVEMENT FIRST RHODE ISLAND INC C/O ACHIEVEMENT FIRST INC ACHI 2037733223 470 JAMES STREET 007 NEW HAVEN CT 06513 JAMES WILEY TREASURER 2037733223 2024-05-01 1 JAMES WILEY 999009999 1 LAURA KIELCZEWSKI P00740769 9592007000 2024-04-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JAMES WILEY 470 JAMES STREET 007 NEW HAVEN CT 06513 53387295 0 X WWW.ACHIEVEMENTFIRST.ORG X 2012 RI THE MISSION OF ACHIEVEMENT FIRST RHODE ISLAND IS TO STRENGTHEN THE ACADEMIC AND CHARACTER SKILLS NEEDED FOR ALL STUDENTS TO EXCEL IN TOP-TIER COLLEGES, TO ACHIEVE SUCCESS IN A COMPETITIVE WORLD AND TO SERVE AS THE NEXT GENERATION OF LEADERS IN THEIR COMMUNITIES. THE SCHOOL SERVES STUDENTS FROM LOW INCOME HOUSEHOLDS IN PROVIDENCE AND SURROUNDING COMMUNITIES IN RHODE ISLAND. THE SCHOOL OFFERS KINDERGARTEN THROUGH TENTH GRADE. 7 7 477 8 0 0 4780969 5783142 38738228 47281077 15 295632 14847 27444 43534059 53387295 56771 8585 0 0 22728341 26735074 0 0 41000 20120042 22822215 42905154 49565874 628905 3821421 69973568 80620877 61195780 68021668 8777788 12599209 X THE MISSION OF ACHIEVEMENT FIRST RHODE ISLAND IS TO STRENGTHEN THE ACADEMIC AND CHARACTER SKILLS NEEDED FOR ALL STUDENTS TO EXCEL IN TOP-TIER COLLEGES, TO ACHIEVE SUCCESS IN A COMPETITIVE WORLD AND TO SERVE AS THE NEXT GENERATION OF LEADERS IN THEIR COMMUNITIES. THE SCHOOLS SERVE STUDENTS FROM LOW INCOME HOUSEHOLDS IN PROVIDENCE, RHODE ISLAND. THE SCHOOL OPERATED CLASSES FOR STUDENTS IN KINDERGARTEN THROUGH TENTH GRADE. 0 0 43538365 8585 47308521 ACADEMIC PROGRAMS FOR STUDENTS IN KINDERGARTEN THROUGH TENTH GRADE. 43538365 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 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 477 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GAYLORD BOURNE 2037733223 470 JAMES STREET 007 NEW HAVEN CT 06513 X JAMES WILEY TREASURER 1.00 X X 0 0 0 JO-ANN SCHOFIELD DIRECTOR 1.00 X 0 0 0 JOHN IGLIOZZI DIRECTOR 1.00 X 0 0 0 MACKY MCCLEARLY DIRECTOR 1.00 X 0 0 0 MARYELLEN BUTKE VICE CHAIR 1.00 X X 0 0 0 MAYOR BRETT SMILEY CHAIR 1.00 X X 0 0 0 MAYOR CHARLES LOMBARDI DIRECTOR 1.00 X 0 0 0 MAYOR JORGE ELORZA OUTGOING CHAIR 1.00 X X 0 0 0 AJA DAVIS PRINCIPAL 40.00 X 164812 0 18474 ANDREW WALKER PRINCIPAL 40.00 X 148246 0 10624 BREONNA M HUDGINS PRINCIPAL 40.00 X 144174 0 12034 DONAVAN L TRACEY PRINCIPAL 40.00 X 166063 0 9388 MINDY RICE ACADEMIC DEAN & PRINCIPAL 40.00 X 145126 0 2500 768421 0 53020 9 0 1 0 ACHIEVEMENT FIRST 470 JAMES STREET SUITE 7 NEW HAVEN CT 06513 MANAGEMENT SERVICES 4523969 OCEAN STATE TRANSIT LLC 63 SOUTH STREET SUITE 240 HOPKINTON MA 01748 BUS SERVICES 3452501 COLLIERS PROJECT LEADERS USA NE LLC 331 NEWMAN SPRINGS ROAD SUITE 203 RED BANK NJ 077015691 CONSTRUCTION SERVICES 271812 A TEAM CONTRACTING LLC PO BOX 582 WEST WARWICK RI 02893 MAINTENANCE AND REPAIRS 103945 4 3705173 2077969 5783142 STATE AND LOCAL PER PUPIL OPERATI 611110 41228232 41228232 FEES FROM GOVT TO PERFORM SERVICE 611110 4736422 4736422 SPECIAL EDUCATION REVENUE 611110 1316423 1316423 47281077 295632 295632 27444 27444 27444 53387295 47308521 0 295632 8585 8585 22566887 19400933 3165954 4168187 3583423 584764 4921476 4634402 246074 41000 13912 13717 195 34215 34215 1862337 1836234 26103 52021 52021 501187 389378 111809 1564355 1532125 32230 719065 618186 100879 1044086 1044086 1469433 1175546 293887 296546 254943 41603 STUDENT SERVICES 6237806 6237806 REPAIRS AND MAINTENANCE 1771746 1572819 198927 SUPPLIES/MATERIALS 1267547 1267547 EQUIPMENT/FURNISHINGS 476426 409587 66839 590057 551113 38944 49565874 43538365 5986509 41000 25755855 14509886 18397 85392 3895835 2952986 241330 549150 34466716 8001415 26786267 26465301 322740 13275884 35735422 69973568 80620877 1766540 6542209 55657929 54742399 59506 32799 3711805 6704261 61195780 68021668 X 8066650 12599209 711138 0 8777788 12599209 69973568 80620877 3821421 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4917206 4917206 15348200 788090 14560110 13967402 7119199 6848203 138631 65506 73125 95277 28620 66657 26465301 CONSTRUCTION IN PROGRESS 35730422 SECURITY DEPOSITS 5000 35735422 DUE TO RELATED PARTY 6372187 DUE TO OTHER SCHOOL 9334 LEASE LIABILITY 322740 6704261 X 53445030 57735 57735 53387295 0 53387295 49623609 57735 57735 49565874 0 49565874 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2020 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAS UNRELATED BUSINESS INCOME TAXES, IT WILL RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS, ACHIEVEMENT FIRST RHODE ISLAND ACADEMY INCLUDES IN ITS APPLICATION MATERIALS THE FOLLOWING NON-DISCRIMINATORY POLICY: "ACHIEVEMENT FIRST RHODE ISLAND WILL NOT DISCRIMINATE AGAINST ANY STUDENT, EMPLOYEE, OR OTHER PERSON ON THE BASIS OF NATIONAL ORIGIN, ETHNICITY, GENDER, OR DISABILITY OR ANY OTHER GROUND THAT WOULD BE UNLAWFUL IF DONE BY ANY OTHER PUBLIC SCHOOL". SCHEDULE E, PART I, LINE 6 THE SCHOOL IS RECOGNIZED BY THE STATE OF RHODE ISLAND AS A CHARTER SCHOOL, AS SUCH THE STATE OF RHODE ISLAND AND LOCAL MUNICIPALITIES PROVIDE GRANT FUNDING FOR OPERATIONS BASED ON A CENSUS OF STUDENTS. ADDITIONAL FUNDING IS RECEIVED FROM FEDERAL AND STATE GRANTS FOR BREAKFAST AND LUNCH PROGRAMS, EDUCATION FUNDING, IDEA, FEDERAL CHARTER START-UP FUNDING, AND COVID RELIEF FUNDS. THE SCHOOL RECEIVES GOVERNMENT ASSISTANCE TO FUND ITS EXEMPT PURPOSE OF PROVIDING EDUCATIONAL SERVICES. 1 SCHOLARSHIP 3 8585 FMV SCHOLARSHIP PART I, LINE 2: APPLICATIONS ARE REVIEWED PRIOR TO GRANTS BEING AWARDED, AND THE USE OF THE FUND IS MONITORED TO ENSURE THAT FUNDS ARE USED FOR EDUCATIONAL PURPOSES. X 0 0 0 0 0 0 0 1 0 AJA DAVIS PRINCIPAL 159682 0 5000 0 130 0 2500 0 15974 0 183286 0 0 0 DONAVAN L TRACEY PRINCIPAL 160967 0 5000 0 96 0 0 0 9388 0 175451 0 0 0 ANDREW WALKER PRINCIPAL 143133 0 5000 0 113 0 2500 0 8124 0 158870 0 0 0 BREONNA M HUDGINS PRINCIPAL 139070 0 5000 0 104 0 2500 0 9534 0 156208 0 0 0 PART I, LINE 7 THE AMOUNTS IN PART II COLUMN B (II) REPRESENT PAYMENTS FOR BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUALS' W-2S. A RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING 2022 SERIES A 36953867 RENOVATIONS 0 0 0 B RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING 2022 SERIES B 7327855 RENOVATIONS 0 0 0 C RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING 2022 SERIES C 8997702 RENOVATIONS 0 0 0 A 980 36953867 9137637 394921 29423483 2052 0 1 0 1 B 7327855 7000000 327855 2045 1 0 0 1 C 176151 8997702 8997702 2048 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 1 B 1 C 1 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CERTAIN FINANCIAL FUNCTIONS, SPECIFICALLY ACCOUNTING AND BOOKKEEPING, TO THE CHARTER MANAGEMENT ORGANIZATION, ACHIEVEMENT FIRST, INC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PRESENTED TO BOARD FINANCE COMMITTEE MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990 IS ALSO REVIEWED BY THE AUDIT & ACCOUNTING SPECIALIST OF ACHIEVEMENT FIRST, INC. A COPY OF THE 990 IS ALSO MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE CONFLICTS OF INTEREST. VENDORS AND MAJOR CONTRACTORS ARE REQUIRED TO ENSURE THERE IS NO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE DETERMINED THROUGH COMPARISON WITH LOCAL SCHOOL DISTRICT TO ENSURE COMPENSATION IS COMPETITIVE. CONTINUING EMPLOYMENT IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT NO COST TO THE PUBLIC. THE ORGANIZATION'S FORM 990 IS AVAILABLE BOTH UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.ORG.