2025-12-16T16:18:35-06:00 2025-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-07-01 821901942 STATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS STAT 2025059072 4600 LIVINGSTON RD SE WASHINGTON DC 20032 SHAWN HARDNETT CEO/FOUNDER/HEAD OF SCHOOL 2025059072 2025-12-16 1 1 TIANA WYNN P00997288 4105840600 2024 2025-03-06 01:10:19Z SHAWN HARDNETT 4600 LIVINGSTON RD SE WASHINGTON DC 20032 12070542 0 X HTTPS://WWW.STATESMENBOYS.ORG/ X 2017 DC TO CREATE A BOY-FRIENDLY, PEDAGOGY-INFORMED ACADEMIC ENVIRONMENT WITHIN WHICH YOUNG MEN ARE EQUIPPED WITH THE ACADEMIC SKILLS, SOCIAL COMPETENCIES, AND PERSONAL DEVELOPMENT NECESSARY TO NAVIGATE LIFE CHALLENGES, ATTEND AND COMPLETE THE COLLEGE OF THEIR CHOICE, AND RETURN TO BECOME THE PREMIER AGENTS OF SOCIAL CHANGE WITHIN AND FOR THE COMMUNITIES THEY SERVE. 12 11 90 11 0 0 3123524 2234307 8278552 9549932 97845 282556 18543 3747 11518464 12070542 0 0 0 0 5356313 5606610 0 0 294365 5596067 5281759 10952380 10888369 566084 1182173 5602596 7390725 444230 988941 5158366 6401784 X TO CREATE A BOY-FRIENDLY, PEDAGOGY-INFORMED ACADEMIC ENVIRONMENT WITHIN WHICH YOUNG MEN ARE EQUIPPED WITH THE ACADEMIC SKILLS, SOCIAL COMPETENCIES, AND PERSONAL DEVELOPMENT NECESSARY TO NAVIGATE LIFE CHALLENGES, ATTEND AND COMPLETE THE COLLEGE OF THEIR CHOICE, AND RETURN TO BECOME THE PREMIER AGENTS OF SOCIAL CHANGE WITHIN AND FOR THE COMMUNITIES THEY SERVE. 0 0 9615257 9549932 STATESMEN COLLEGE PREPARATORY ACADEMY FOR BOYS PUBLIC CHARTER SCHOOL IS A MIDDLE SCHOOL PROGRAM CURRENTLY SERVING FOURTH, FIFTH, AND SIXTH GRADES AND GROWING A GRADE A YEAR THROUGH EIGHTH GRADE IN THE DISTRICT OF COLUMBIA. OUR DOORS OPENED TO THE FIRST CLASS OF 4TH GRADERS IN THE SUMMER OF 2018 AS THEY PARTICIPATED IN A MANDATORY SUMMER BRIDGE INSTITUTE. OUR PROGRAM OFFERS FREE TUITION, FREE MEALS, FREE UNIFORMS, FREE LOCAL AND REGIONAL FIELD TRIPS FOR ALL ENROLLED STUDENTS. 9615257 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 0 0 0 0 0 0 0 0 0 1 17 0 1 90 1 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X SHAWN HARDNETT 2025059072 4600 LIVINGSTON RD SE WASHINGTON DC 20032 NICOLE SOLOMON MITCHELL BOARD CHAIR 2.00 X X 0 0 0 RAYMOND A WEEDEN JR BOARD VICE CHAIR 2.00 X X 0 0 0 JUAN PAGAN TREASURER & FINANCE CHAIR 2.00 X X 0 0 0 GREG VAN HOUTEN SECRETARY 2.00 X X 0 0 0 ALICIA R ADAMS ACADEMIC & PROGRAM EXCELLENCE CO-CHAIR 1.00 X 0 0 0 RAY D MCKENZIE ACADEMIC & PROGRAM EXCELLENCE CO-CHAIR 1.00 X 0 0 0 SAMANTHA BARBEE TRUSTEE 1.00 X 0 0 0 SATIRA STREETER CORBITT TRUSTEE 1.00 X 0 0 0 BISI OYEDALE TRUSTEE 1.00 X 0 0 0 BARBARA WILLIAMS TRUSTEE 1.00 X 0 0 0 BERNARD WOOLFEY TRUSTEE 1.00 X 0 0 0 SHAWN HARDNETT FOUNDER AND EXECUTIVE DIRECTOR 40.00 X X 230183 0 17780 230183 0 17780 1 0 1 0 INGENUITY PREPARATORY ACADEMY PR HARRIS 4600 LIVINGSTON ROAD SE WASHINGTON DC 20032 RENT 1203285 DC HEALTH LINK PO BOX 97022 WASHINGTON DC 20090 HEALTH INSURANCE 293373 AMAZON CAPITAL SERVICES PO BOX 035184 SEATTLE WA 98124 SUPPLIES 285470 EDUCATIONAL TOURS 2 EDUCATION CIRCLE CAMBRIDGE MA 02141 TRAVEL SERVICES 269143 GENUINE FOOD LABS LLC PO BOX 56246 ATLANTA GA 30343 FOOD SERVICES 236851 5 1309159 925148 2234307 PER PUPIL ALLOCATIONS 611710 9549932 9549932 9549932 282556 282556 OTHER INCOME 900099 3747 3747 3747 12070542 9549932 0 286303 247963 205169 28241 14553 4322343 3653784 518634 149925 203531 177475 25151 905 423293 351786 49854 21653 409480 345746 48998 14736 6138 5183 734 221 167427 141367 20034 6026 110473 93278 13219 3976 48854 41249 5847 1758 59194 49980 7084 2130 1181579 997671 141386 42522 408202 344667 48845 14690 155349 131169 18589 5591 1740 1469 208 63 DIRECT STUDENT COSTS 2708886 2708886 OTHER STAFF EXPENSES 157225 132754 18813 5658 DUES, FEES, AND LOSSES 85932 72557 10283 3092 190760 161067 22827 6866 10888369 9615257 978747 294365 2633694 4828884 1248168 1337568 888115 443287 121211 361679 311838 174916 981521 742130 381570 239391 18000 5000 5602596 7390725 444230 988941 444230 988941 X 4835957 5767892 322409 633892 5158366 6401784 5602596 7390725 1182173 61245 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 141119 141119 0 349946 202684 147262 490456 398327 92129 239391 X 12131787 61245 61245 12070542 0 12070542 10888369 0 10888369 0 10888369 PART X, LINE 2: THE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), AS WELL AS APPLICABLE DISTRICT OF COLUMBIA TAX LAWS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ACADEMY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. IT IS THE ACADEMY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2025, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2022 THROUGH 2025 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ACADEMY FILES TAX RETURNS. IT IS THE ACADEMY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 SCHEDULE E, PART I, LINE 3 STATESMEN ACADEMY FOR BOYS PCS (THE ACADEMY) SEEKS DIVERSITY IN ITS STUDENT/PARENT BODY, FACULTY, BOARD OF TRUSTEES, STAFF AND ADMINSTRATION. WHILE THE ACADEMY IS A SINGLE GENDER ACADEMY, IT IS AN ORGANIZATION DEEPLY COMMITTED TO DIVERSITY, EQUITY AND INCLUSION AND IT IS THEREFORE THE POLICY AND COMMITMENT OF THE ORGANIZATION NOT TO DISCRIMINATE BASED ON RACE, COLOR, ETHNICITY, RELIGION, SEX, GENDER, SEXUAL ORIENTATION, GENDER IDENTITY, DISABILITY, AGE OR ANY OTHER PERSONAL OR PROFESSIONAL STATUS. SCHEDULE E, PART I, LINE 4 THE ACADEMY DOES NOT PROVIDE SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE BECAUSE IT IS A PUBLIC CHARTER SCHOOL. SCHEDULE E, PART I, LINE 7 AS A PUBLIC CHARTER SCHOOL, THE ACADEMY IS EXEMPT FROM THE REQUIREMENTS OF REVENUE PROCEDURE 75-50. LINE 6A - EXPLANATION OF GOVERMENT FINANCIAL AID THE ACADEMY RECEIVED FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION. X X X 0 0 0 0 0 0 0 0 0 SHAWN HARDNETT FOUNDER AND EXECUTIVE DIRECTOR 229006 0 1177 0 0 0 9510 0 8270 0 247963 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ACADEMY'S BOARD CHAIR AND TREASURER. IT IS THEN SHARED WITH THE ENTIRE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE BOARD CHAIR MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY. THE CEO IS ALSO REQUIRED TO SIGN. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS, THROUGH THE EXECUTIVE COMMITTEE, SETS THE COMPENSATION OF THE CEO. THE COMMITTEE DOES AN ANNUAL 360 REVIEW OF THE CEO AND APPROVES HIS ANNUAL SALARY. THE COMMITTEE REVIEWS THE ANNUAL ED FUEL COMPENSATION REPORT, WHICH BENCHMARKS A SCHOOL AGAINST OTHER SINGLE AND MULTIPLE SITE DC CHARTER SCHOOLS, TO ASSESS REASONABLENESS OF THE COMPENSATION. THE SAME SURVEY IS USED BY THE CEO TO SET SALARIES FOR SENIOR LEADERSHIP OF THE SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL DATA AVAIABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEAR.