MONARCH ACADEMY BALTIMORE CAMPUS INC

THE ACADEMY IS A TUITION-FREE, PUBLICLY FUNDED CHARTER SCHOOL OPEN TO ALL STUDENTS IN BALTIMORE CITY. THE ACADEMY CURRENTLY SERVES STUDENTS IN KINDERGARTED THROUGH EIGHTH GRADE. THE ACADEMY'S MISSION IS TO PROVIDE A SCHOOL CULTURE THAT PRODUCES STUDENTS WHO THINK CRITICALLY, PROBLEM SOLVE CREATIVELY, BECOME SELF-DISCIPLINED, KNOW HOW TO LEARN, AND WHO UNDERSTAND THAT THE GOAL OF LIFE IS TO SERVE A CAUSE LARGER THAN ONE'S SELF.THE ACADEMY'S CHARTER WAS NOT RENEWED AND THE SCHOOL CEASED OPERATIONS AT THE END OF THE 2018-2019 SCHOOL YEAR. THIS DECISION HAS BEEN APPEALED; ON FEBRUARY 2021 THE MSDE UPHELD THE DECISION NOT TO RENEW THE SCHOOL'S CHARTER. OPERATIONS FOR THE YEAR ENDED JUNE 30, 2023 REFLECT REVENUES FROM RENTING A PORTION OF THE BUILDING OFFSET BY THE COSTS OF MAINTAINING THE BUILDING.