2025-05-09T13:45:58-05:00 2024-06-30 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2023-07-01 874413159 STEP UP FOR STUDENTS - WEST VIRGINIA INC STEP 9043522246 4655 SALISBURY ROAD 400 JACKSONVILLE FL 32256 JOSEPH E PFOUNTZ TREASURER AND CFO 9043522246 2025-05-07 1 0 KELLI PECK P01423033 3217516200 2025-05-07 2023 2025-03-06 01:10:19Z X DOUG TUTHILL 4655 SALISBURY ROAD 400 JACKSONVILLE FL 32256 2057462 0 X WWW.STEPUPFORSTUDENTS.ORG X 2021 WV STEP UP FOR STUDENTS-WEST VIRGINIA, INC. EMPOWERS FAMILIES TO PURSUE AND ENGAGE IN THE MOST APPROPRIATE LEARNING OPTIONS FOR THEIR CHILDREN, WITH AN EMPHASIS ON FAMILIES WHO LACK THE INFORMATION AND FINANCIAL RESOURCES TO ACCESS THESE OPTIONS. BY PURSUING THIS MISSION, WE HELP PUBLIC EDUCATION FULFILL THE PROMISE OF EQUAL OPPORTUNITY. 4 1 0 0 0 0 0 0 1086504 2023330 6793 34132 0 0 1093297 2057462 0 0 0 0 187438 369277 0 0 0 828301 1246307 1015739 1615584 77558 441878 3087018 6110749 2348314 4930167 738704 1180582 X STEP UP FOR STUDENTS-WEST VIRGINIA, INC. EMPOWERS FAMILIES TO PURSUE AND ENGAGE IN THE MOST APPROPRIATE LEARNING OPTIONS FOR THEIR CHILDREN, WITH AN EMPHASIS ON FAMILIES WHO LACK THE INFORMATION AND FINANCIAL RESOURCES TO ACCESS THESE OPTIONS. BY PURSUING THIS MISSION, WE HELP PUBLIC EDUCATION FULFILL THE PROMISE OF EQUAL OPPORTUNITY. 0 0 974742 2023330 THE HOPE SCHOLARSHIP PROGRAM IS AN EDUCATIONAL SAVINGS ACCOUNT (ESA) PROGRAM IN THE STATE OF WEST VIRGINIA, WHICH OFFERS QUALIFYING K-12 STUDENTS AN OPPORTUNITY TO BUILD AN INDIVIDUALIZED LEARNING EXPERIENCE. THIS PROGRAM LAUNCHED IN MARCH 2022. FOR THE 2023-2024 SCHOOL YEAR, 6,355 STUDENTS RECEIVED SCHOLARSHIPS UP TO A MAXIMUM OF $8,787. STEP UP FOR STUDENTS-WEST VIRGINIA, INC. IS COMPENSATED FOR ITS WORK BY RECEIVING REIMBURSEMENT FOR IMPLEMENTATION COSTS ASSOCIATED WITH THE HOPE SCHOLARSHIP PROGRAM AS WELL AS A SERVICE FEE FROM THE STATE OF WEST VIRGINIA'S STATE TREASURER'S OFFICE TO PROVIDE THESE SERIVCES. 974742 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WV X X JOSEPH PFOUNTZ CHIEF FINANCIAL OFFICER 9043522246 4655 SALISBURY ROAD 400 JACKSONVILLE FL 32256 JOHN F KIRTLEY BOARD CHAIR 2.00 38.00 X 0 0 0 DOUG TUTHILL CEO 2.00 38.00 X X 17365 329928 40244 JOE PFOUNTZ TREASURER, CFO 2.00 38.00 X X 13200 250808 39456 LESLEY SEARCY SECRETARY, CEAO 2.00 38.00 X X 13443 255416 13211 SHAFAYET IMAM CIO (THRU 05/24) 2.00 38.00 X 12990 246811 46525 JILL LAROSE CHIEF CULTURE OFFICER 2.00 38.00 X 10770 204631 20645 ALEXANDER J MANGAN CHIEF PRODUCT OFFICER 2.00 38.00 X 7380 140225 26176 RUTH ROSE CHIEF CUST. EXP. OFFICER(THRU 09/24) 2.00 38.00 X 5739 109046 13038 SAMANTHA ESPINOSA CHIEF HUMAN RESOURCES OFFICER 2.00 38.00 X 6868 130487 19390 ASHA DESHPANDE SR DIR ENT DATA OP STG(THRU 08/24) 2.00 38.00 X 10682 202957 11721 SUSAN DUGAN VP OF FINANCE (THRU 12/23) 2.00 38.00 X 9558 181602 10288 CRAIG GONSALVES VP OF IT SOLUTIONS 2.00 38.00 X 8684 165000 42871 JILLIAN METZ VP OF EXTERNAL RELATIONS 2.00 38.00 X 8354 158719 28677 SEAN K CHARTIER ARCHITECT, DATA 2.00 38.00 X 8646 164267 18473 133679 2539897 330715 0 0 1 0 SOLIX INC 30 LANIDEX PLAZA WEST PARSIPPANY NJ 07054 CALL CENTER 121401 NLP LOGIX INC 4215 SOUTHPOINT BLVD SUITE 140 JACKSONVILLE FL 32216 SOFTWARE DEVELOPMENT 121036 2 SERVICE FEE REVENUE 561000 2023330 2023330 2023330 34132 34132 2057462 2023330 0 34132 68052 16028 52024 242223 114386 127837 11171 5648 5523 24409 11470 12939 23422 10467 12955 121558 121558 4033 4033 4237 -446 4683 5070 2952 2118 9321 9321 15231 3 15228 56520 56520 7390 7390 CONTRACT SERVICES 797476 698267 99209 SOFTWARE LICENSES, FEES 106325 9839 96486 REPAIRS AND MAINTENANCE 101146 101146 OTHER COST 4982 4982 13018 13018 1615584 974742 640842 0 776779 733042 536899 1074516 17229 827 329418 79023 188088 250395 1568023 4051969 3087018 6110749 59799 114417 1568023 4051969 720492 763781 2348314 4930167 X 444385 1180582 294319 0 738704 1180582 3087018 6110749 441878 0 X X 0 1 X 1 0 X 324989 324989 881903 1086504 2023330 3991737 1206892 1086504 2023330 4316726 0 0 0 4316726 6793 34132 40925 6793 34132 40925 1206892 1093297 2057462 4357651 X 1 1568023 29995050 27511104 4051969 1 X 329418 79023 250395 250395 FUNDS HELD IN TRUST FOR STUDENTS 4051969 4051969 DUE TO/DUE FROM RELATED PARTY 763781 763781 X PART IV, LINE 2B: IN MARCH OF 2022, THE HOPE SCHOLARSHIP PROGRAM BEGAN IN THE STATE OF WEST VIRGINIA. THE SCHOLARSHIP PROGRAM IS AN ESA THAT OFFERS QUALIFYING K-12 STUDENTS AN OPPORTUNITY TO BUILD AN INDIVIDUALIZED LEARNING EXPERIENCE. PART X, LINE 2: SUFS-FL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE STATE OF FLORIDA STATUTES. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. SUFS-FL HAS MADE AN ELECTION UNDER SECTION 501(H) OF THE INTERNAL REVENUE CODE, WHICH PERMITS CERTAIN ELIGIBLE 501(C)(3) ORGANIZATIONS TO MAKE LIMITED EXPENDITURES TO INFLUENCE LEGISLATION. THE ORGANIZATION WOULD BE SUBJECT TO AN EXCISE TAX IF IT SPENDS MORE THAN THE AMOUNTS PERMITTED. SUCH LIMITS HAVE NOT BEEN EXCEEDED. SUFS AND SUFS-WV ARE IN THE PROCESS OF APPLYING FOR TAX EXEMPT STATUS THROUGH FILING OF THE FEDERAL FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT ASSESSED WHETHER THERE WERE ANY UNCERTAIN TAX POSITIONS WHICH MAY GIVE RISE TO INCOME TAX LIABILITIES AND DETERMINED THAT THERE WERE NO SUCH MATTERS REQUIRING RECOGNITION IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2021. 0 0 0 0 0 0 0 0 0 DOUG TUTHILL CEO 17365 329928 0 0 0 0 914 17365 1098 20867 19377 368160 0 0 SHAFAYET IMAM CIO (THRU 05/24) 12990 246811 0 0 0 0 685 13023 1641 31176 15316 291010 0 0 JOE PFOUNTZ TREASURER, CFO 13200 250808 0 0 0 0 861 16367 1111 21117 15172 288292 0 0 LESLEY SEARCY SECRETARY, CEAO 13443 255416 0 0 0 0 661 12550 0 0 14104 267966 0 0 JILL LAROSE CHIEF CULTURE OFFICER 10770 204631 0 0 0 0 485 9207 548 10405 11803 224243 0 0 ASHA DESHPANDE SR DIR ENT DATA OP STG(THRU 08/24) 10682 202957 0 0 0 0 586 11135 0 0 11268 214092 0 0 CRAIG GONSALVES VP OF IT SOLUTIONS 8684 165000 0 0 0 0 503 9551 1641 31176 10828 205727 0 0 SUSAN DUGAN VP OF FINANCE (THRU 12/23) 9558 181602 0 0 0 0 514 9774 0 0 10072 191376 0 0 JILLIAN METZ VP OF EXTERNAL RELATIONS 8354 158719 0 0 0 0 467 8869 967 18374 9788 185962 0 0 SEAN K CHARTIER ARCHITECT, DATA 8646 164267 0 0 0 0 496 9417 428 8132 9570 181816 0 0 ALEXANDER J MANGAN CHIEF PRODUCT OFFICER 7380 140225 0 0 0 0 361 6851 948 18016 8689 165092 0 0 SAMANTHA ESPINOSA CHIEF HUMAN RESOURCES OFFICER 6868 130487 0 0 0 0 324 6166 645 12255 7837 148908 0 0 PART I, LINE 3 ALL COMPENSATION AMOUNTS ARE PAID BY STEP UP FOR STUDENTS, INC. ("SUFS"), A RELATED ORGANIZATION. SUFS USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION STUDY OR SURVEY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE MEMBER. THE MEMBER OF THE CORPORATION IS STEP UP FOR STUDENTS, INC, A FLORIDA NOT FOR PROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER SHALL HAVE THE POWERS AND DUTIES AS ASCRIBED UNDER THE BYLAWS AND ARTICLES OF INCORPORATION. THE BOARD OF DIRECTORS MUST BE APPROVED BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS AND OFFICERS SHALL HAVE ALL NECESSARY AND APPROPRIATE POWERS TO CARRY OUT THE PURPOSES OF THE CORPORATION. THE BOARD OF DIRECTORS SHALL HAVE NO RIGHT, POWER, OR AUTHORITY TO ACT OUTSIDE OF THE ORDINARY COURSE OF BUSINESS WITHOUT PRIOR AFFIRMATIVE APPROVAL FROM THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT CPA FIRM. AFTER BEING REVIEWED BY MANAGEMENT, THE FULL FORM 990 INFORMATIONAL RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. THE BOARD OF DIRECTORS IS ALSO AFFORDED THE OPPORTUNITY TO ASK QUESTIONS WITH RESPECT TO THE FORM 990 BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C STEP UP FOR STUDENTS ENSURES THAT THE CONFLICT OF INTEREST POLICY IS ADHERED TO WITH THE FOLLOWING ACTIVITIES: 1) REGULAR EDUCATION WITH THE BOARD OF DIRECTORS, OFFICERS AND KEY STAFF. EACH YEAR, THE POLICY IS REVIEWED WITH THE BOARD OF DIRECTORS AND OFFICERS. EACH BOARD MEMBER AND OFFICER ACKNOWLEDGES THEIR UNDERSTANDING AND COMPLIANCE BY SIGNING A COMPLIANCE STATEMENT. 2) THE FINANCIAL ANALYST AND/OR THE HEAD OF PROCUREMENT REVIEW EACH CONTRACT THE ORGANIZATION ENTERS. THE CFO REVIEWS CONTRACTS AS APPROPRIATE. 3) FINANCE STAFF AND THE CONTROLLER REVIEW ALL PAYMENTS AS THEY ARE MADE FOR POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS COMPARABLE COMPENSATION AND BENEFITS DATA OF SIMILAR ORGANIZATIONS. DURING FISCAL YEAR 2024, AN INDEPENDENT COMPENSATION CONSULTING FIRM CONDUCTED A FULL COMPARATIVE STUDY FOR EACH INDIVIDUAL EXECUTIVE POSITION AND ALL NON-EXECUTIVE JOB GRADES. THE COMMITTEE USES THIS INFORMATION, COMBINED WITH THE PERFORMANCE OF THE PRESIDENT, TO RECOMMEND THE PRESIDENT'S COMPENSATION PACKAGE FOR APPROVAL OF THE FULL BOARD. THE FULL BOARD APPROVES THE PACKAGE. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON ORGANIZATION'S WEBSITE. FORM 1023 EXEMPT APPLICATION IS PENDING AND WILL BE AVAILABLE UPON REQUEST ONCE IRS DETERMINATION IS RECEIVED. FORM 990, PART VI, SECTION C, LINE 19 STEP UP FOR STUDENTS - WEST VIRGINIA, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE, WWW.STEPUPFORSTUDENTS.ORG. PRINTED COPIES ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE SET FORTH IN IRC SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. STEP UP FOR STUDENTS INC 4655 SALISBURY ROAD SUITE 400 JACKSONVILLE FL 32256 873825479 PROVIDE MANAGEMENT SERVICES TO RELATED ORGANIZATIONS FL 501(C)(3) LINE 12A, I STEP UP FOR STUDENTS - FLORIDA INC 0 STEP UP FOR STUDENTS-FLORIDA INC 4655 SALISBURY ROAD SUITE 400 JACKSONVILLE FL 32256 593649371 PROVIDE MANAGEMENT SERVICES TO RELATED ORGANIZATIONS FL 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 STEP UP FOR STUDENTS INC Q 443517 FMV STEP UP FOR STUDENTS - FLORIDA INC Q 320264 FMV STEP UP FOR STUDENTS INC O 502039 FMV