FURP.ORG / PUBLIC DATA EXPLORER

BRONX ACADEMY OF PROMISE CHARTER SCHOOL: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BRONX ACADEMY OF PROMISE CHARTER SCHOOL (EIN 26-2531307)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-03-13
IRS object ID
202440739349301114
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-13T13:00:12-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161092347PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MENGEL METZGER BARR & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 CHESTNUT STREET SUITE 1200AddressLine1Txt
CityROCHESTERCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14604ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262531307EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRONX ACADEMY OF PROMISE CHARTER SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRONBusinessNameControlTxt
Phone7182936920PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11349 INWOOD AVENUEAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENISE SCHIRALDIPersonNm
Person TitlePRINCIPALPersonTitleTxt
Phone7182936920PhoneNum
Signature2024-02-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDENISEPersonFirstNm
Person LastSCHIRALDIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHELLE CAINPreparerPersonNm
PTINP00150750PTIN
Phone5854231860PhoneNum
Preparation2024-02-28PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDENISE SCHIRALDIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11349 INWOOD AVENUEAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,433,523GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressBRONXACADEMYOFPROMISE.COMWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation2008FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE SCHOOL'S MOST SIGNIFICANT ACTIVITIES INCLUDED THE FOLLOWING GOALS -- TO CREATE A SAFE AND SUPPORTIVE IN-PERSON LEARNING ENVIRONMENT, AFTER BEING REMOTE, THAT ADDRESSES BOTH SOCIAL AND EMOTIONAL DEVELOPMENT AS WELL AS THE ACADEMIC NEEDS OF EACH STUDENT. THE SCHOOL'S GOAL WAS TO APPROPRIATELY MEET STUDENTS WHERE THEY WERE (WHETHER AHEAD OR BEHIND) IN ORDER TO MEANINGFULLY ENGAGE, ENRICH, CHALLENGE, AND SUPPORT THEM IN EFFECTIVELY CONTINUING THEIR ACADEMIC PROGRESS TOWARD PROFICIENCY AND BEYOND.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee132TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,886,551PYContributionsGrantsAmt
CY Contributions Grants$1,872,740CYContributionsGrantsAmt
PY Program Service Revenue$12,282,300PYProgramServiceRevenueAmt
CY Program Service Revenue$12,444,710CYProgramServiceRevenueAmt
PY Investment Income$9,044PYInvestmentIncomeAmt
CY Investment Income$116,073CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$14,177,895PYTotalRevenueAmt
CY Total Revenue$14,433,523CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,764,166PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,765,001CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$26,669CYTotalFundraisingExpenseAmt
PY Other Expenses$4,754,962PYOtherExpensesAmt
CY Other Expenses$5,521,958CYOtherExpensesAmt
PY Total Expenses$13,519,128PYTotalExpensesAmt
CY Total Expenses$14,286,959CYTotalExpensesAmt
PY Revenues Less Expenses$658,767PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$146,564CYRevenuesLessExpensesAmt
Total Assets BOY$13,708,011TotalAssetsBOYAmt
Total Assets EOY$28,136,256TotalAssetsEOYAmt
Total Liabilities BOY$3,550,174TotalLiabilitiesBOYAmt
Total Liabilities EOY$17,831,855TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,157,837NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,304,401NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF BRONX ACADEMY OF PROMISE CHARTER SCHOOL IS TO EDUCATE EACH STUDENT TO HIGH LEARNING STANDARDS USING A CURRICULUM THAT EMPHASIZES INFORMATION ABOUT THE VARIOUS CAREER CHOICES AVAILABLE TO THEM. THE SCHOOL WILL PREPARE STUDENTS FOR HIGH SCHOOL, TO MAKE DECISIONS ABOUT A DIRECTION FOR THEIR CAREER, AND TO BECOME PRODUCTIVE CITIZENS. THE SCHOOL WILL PROVIDE A PRODUCTIVE COMPREHENSIVE ACADEMIC CURRICULUM WITH CHARACTER AND CAREER EDUCATION INTEGRATED INTO ALL SUBJECTS. THE CURRICULUM WILL PROMOTE EXCELLENCE IN ALL AREAS: COGNITIVE, SOCIAL, EMOTIONAL, AND MORAL DEVELOPMENT. STUDENTS WILL EXPERIENCE WAYS TO ACQUIRE THE KNOWLEDGE AND SKILLS EACH SCHOOL YEAR TO ATTAIN LEARNING PROFICIENCY, AND THE COMMUNITY, PARENTS AND STAFF WILL PARTICIPATE MEANINGFULLY IN THE SCHOOL TO CONTINUOUSLY IMPROVE ITS POTENTIAL FOR SUCCESS.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$12,611,720ExpenseAmt
Revenue$12,444,710RevenueAmt
DescBRONX ACADEMY OF PROMISE PRIDES ITSELF ON THE ABILITY TO PRODUCE A HIGH-QUALITY EDUCATION THAT RAISES STUDENT ACHIEVEMENT WHILE ATTENDING TO THE SOCIAL AND EMOTIONAL NEEDS OF EACH INDIVIDUAL STUDENT. AS IN PREVIOUS YEARS OUR COMMITMENT FOCUSED ON THE INDIVIDUALIZED ACADEMIC PROGRESS OF EACH STUDENT WHILE SUPPORTING THEIR SOCIAL AND EMOTIONAL NEEDS. TO THIS GOAL, WE CONTINUED TO IMPLEMENT THE SOCIAL-EMOTIONAL PROGRAM, SECOND STEP, TO ASSIST THE STAFF WITH A VARIETY OF ISSUES. THIS PROFESSIONAL LEARNING PROGRAM FOR K12 EDUCATORS IS DESIGNED TO BUILD TRUST, HELP MANAGE STRESS, EXPLORE EQUITY AND BELONGING, AND CULTIVATE RESILIENCE AND EFFICACY. BAOP CONTINUES TO BELIEVE THAT CONSISTENCY, COLLABORATION AND SMALL INDIVIDUALIZED INSTRUCTION IS WHAT IS BEST FOR OUR STUDENTS. DURING THE 2022-2023 SCHOOL YEAR WE CONTINUED TO IMPLEMENT THE I-READY PROGRAM TO HELP SUPPORT ACADEMIC PROGRESS. I-READY PROGRAMS SUPPORT EVERY LEARNER ON THEIR PATH TOWARD GRADE-LEVEL SUCCESS. BY CONNECTING TO ACTIONABLE, INTUITIVE DATA, TEACHERS KNOW WHERE TO FOCUS AND STUDENTS BECOME MORE CAPABLE AND ENGAGED. IN ADDITION, BAOP ADDED A PRE-K PROGRAM TO THE SCHOOL COMMUNITY IN ORDER TO PROVIDE CONTINUED SUPPORT FOR OUR FAMILIES WITH YOUNGER CHILDREN, WHILE BUILDING A BRIDGE FOR OUR KINDERGARTEN PROGRAM. FURTHERMORE, BAOP IMPLEMENTED AN AFTER-SCHOOL PROGRAM THAT PROVIDES ADDITIONAL ACADEMIC SUPPORT WHILE OFFERING UNIQUE EXPERIENCES SUCH AS CHESS AND KARATE, ONCE AGAIN SUPPORTING OUR FAMILIES.BRONX ACADEMY OF PROMISE CONTINUES TO STRIVE TO PRODUCE A HIGH-QUALITY EDUCATIONAL SETTING THAT ATTENDS TO THE INDIVIDUAL NEEDS OF EVERY STUDENT AND OUR PREK PROGRAM HAS BEEN CREATED WITH THAT SAME MISSION. WE BELIEVE THAT OUR INCLUSIVE COMMUNITY AND PERSONAL APPROACH CONTINUES TO PROVIDE FOR SUCCESSFUL EXPERIENCES, SO IMPORTANT IN THE EARLY CHILDHOOD YEARS. WE EMBRACE A LEARNING ENVIRONMENT THAT HAS PREPARED OUR PREK STUDENTS FOR THEIR PATHS AHEAD. OUR CLASSES INCORPORATE TRADITIONAL LEARNING STYLES AS WELL AS HANDS-ON EXPERIENCES WHILE HIGHLIGHTING THE AREAS OF ELA, MATH, SCIENCE, SOCIAL STUDIES, ART, MUSIC, PE, AND TECHNOLOGY. IN ADDITION, OUR WARM AND LOVING ENVIRONMENT HELPS OUR STUDENTS AND PARENTS TO BECOME OUR NEWEST "FAMILY MEMBERS" WHERE WE MEET THEM WHEREVER NECESSARY TO MEET THEIR INDIVIDUAL NEEDS.Desc
Total Program Service Expenses$12,611,720TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee132EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CANDACE GREENEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7182936950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11349 INWOOD AVEAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
AGATHA AKYERE
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
CARLIBI ROJAS
PARENT AT LARGE1.00Yes (X)$0$0$0
DENNIS SZE
CHAIRMAN OF ACADEMIC COMMI1.00Yes (X)$0$0$0
KEVIN KEARNS
TREASURER/CHAIR OF FINANCE1.00Yes (X)Yes (X)$0$0$0
MILCA MEYER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
REV MICHAEL CARRION
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
GLENN CORWIN
BOARD MEMBER - JOINED DURING YEAR1.00Yes (X)$0$0$0
DENISE SCHIRALDI
PRINCIPAL40.00Yes (X)$200,450$0$23,940
ALDRINA ARSHRAVAN
INSTRUCTIONAL COACH/ DEAN OF DISCIPLINE40.00$155,345$0$54,872Yes (X)
CANDACE GREENE
BUSINESS MANAGER40.00$124,311$0$53,010Yes (X)
NANCY JIMENEZ
AIS COACH- ELA40.00$136,655$0$8,199Yes (X)
NICHOLAS MARK PARRINO
DEAN OF STUDENT/HUMANITIES COACH40.00$143,258$0$54,146Yes (X)
RACHEL OSIAS
DEAN AND AFTER SCHOOL DIRECTOR40.00$123,368$0$28,431Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$883,387TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$222,598TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
INWOOD CAPITAL GROUP LLC
3251 3RD AVENUEBRONXNY10456RENT$1,558,290
EFFICIENT EMPLOYMENT STAFFING INC
4025 SINOVA STREETLOS ANGELESCA90031SUBSTITUTE TEACHING SERVICES$188,425
PROCLEAN MAINTENANCE SYSTEMS INC
79 ALEXANDER AVEBRONXNY11023CUSTODIAL SERVICES$184,498
US FOODS
1051 AMBOY AVENUEPERTH AMBOYNJ08861SCHOOL FOOD SERVICES$171,433
1343 PARTNERS LLC
PO BOX 234550GREAT NECKNY11023RENT$155,064
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Government Grants$1,853,344GovernmentGrantsAmt
All Other Contributions$19,396AllOtherContributionsAmt
Noncash Contributions$46,148NoncashContributionsAmt
Total Contributions$1,872,740TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PER PUPIL OPERATING REVENUE611110$11,560,107$11,560,107
FEDERAL/STATE MEAL REIMBURSEMENT611110$558,804$558,804
PER PUPIL AID - PRE-K611110$273,060$273,060
OTHER INCOME900099$52,739$52,739
FieldValueIRS element (for citing)
Total Program Service Revenue$12,444,710TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$116,073TotalRevenueColumnAmt
Exclusion$116,073ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,433,523TotalRevenueColumnAmt
Related Or Exempt Func Income$12,444,710RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$116,073ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$183,069TotalAmt
Program Services$134,556ProgramServicesAmt
Management And General$45,766ManagementAndGeneralAmt
Fundraising$2,747FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,692,971TotalAmt
Program Services$6,339,280ProgramServicesAmt
Management And General$341,108ManagementAndGeneralAmt
Fundraising$12,583FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$290,990TotalAmt
Program Services$276,575ProgramServicesAmt
Management And General$13,911ManagementAndGeneralAmt
Fundraising$504FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,083,522TotalAmt
Program Services$1,023,940ProgramServicesAmt
Management And General$57,361ManagementAndGeneralAmt
Fundraising$2,221FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$514,449TotalAmt
Program Services$484,514ProgramServicesAmt
Management And General$28,800ManagementAndGeneralAmt
Fundraising$1,135FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$109,933TotalAmt
Management And General$109,933ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$204,947TotalAmt
Management And General$204,947ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,097,903TotalAmt
Program Services$430,678ProgramServicesAmt
Management And General$666,805ManagementAndGeneralAmt
Fundraising$420FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$68,082TotalAmt
Program Services$64,349ProgramServicesAmt
Management And General$3,591ManagementAndGeneralAmt
Fundraising$142FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$487,373TotalAmt
Program Services$459,014ProgramServicesAmt
Management And General$27,284ManagementAndGeneralAmt
Fundraising$1,075FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$122,547TotalAmt
Program Services$115,417ProgramServicesAmt
Management And General$6,860ManagementAndGeneralAmt
Fundraising$270FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,011,195TotalAmt
Program Services$1,894,167ProgramServicesAmt
Management And General$112,591ManagementAndGeneralAmt
Fundraising$4,437FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$223,833TotalAmt
Program Services$210,808ProgramServicesAmt
Management And General$12,531ManagementAndGeneralAmt
Fundraising$494FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$92,359TotalAmt
Program Services$86,985ProgramServicesAmt
Management And General$5,170ManagementAndGeneralAmt
Fundraising$204FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD SERVICE$441,586$441,586
SUPPLIES & MATERIALS$239,545$239,545
STUDENT SERVICE$223,905$223,905
REPAIRS & MAINTENANCE$88,708$83,546$4,966$196

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$110,042TotalAmt
Program Services$102,855ProgramServicesAmt
Management And General$6,946ManagementAndGeneralAmt
Fundraising$241FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,286,959TotalAmt
Program Services$12,611,720ProgramServicesAmt
Management And General$1,648,570ManagementAndGeneralAmt
Fundraising$26,669FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,892,130BOYAmt
EOY$4,383,718EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,097,792BOYAmt
EOY$4,881,107EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,225,866BOYAmt
EOY$1,781,606EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$231,503BOYAmt
EOY$359,472EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,223,584LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,573,129LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$649,905BOYAmt
EOY$650,455EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,610,815BOYAmt
EOY$16,079,898EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,708,011BOYAmt
EOY$28,136,256EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,571,205BOYAmt
EOY$1,294,543EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$20,100BOYAmt
EOY$74EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,958,869BOYAmt
EOY$16,537,238EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,550,174BOYAmt
EOY$17,831,855EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,157,837BOYAmt
EOY$10,304,401EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,157,837BOYAmt
EOY$10,304,401EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,708,011BOYAmt
EOY$28,136,256EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$146,564ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$558,340OtherCostOrOtherBasisAmt
Depreciation$309,320DepreciationAmt
Book Value$249,020BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,645,615OtherCostOrOtherBasisAmt
Depreciation$1,244,180DepreciationAmt
Book Value$401,435BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,629OtherCostOrOtherBasisAmt
Depreciation$19,629DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$650,455TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSITS$1,540,815
CASH IN ESCROW$70,000
RIGHT-OF-USE-ASSETS - OPERATING$14,469,083
FieldValueIRS element (for citing)
Total Book Value Other Assets$16,079,898TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITY - OPERATINGDesc
Amt$16,537,238Amt
FieldValueIRS element (for citing)
Total Liability$16,537,238TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$14,433,523TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$14,433,523RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$14,433,523TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,286,959TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$14,286,959ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,286,959TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3IT IS THE POLICY OF BRONX ACADEMY OF PROMISE CHARTER SCHOOL TO ENSURE A LEARNING AND WORK ENVIRONMENT THAT IS WITHOUT DISCRIMINATION OR HARASSMENT ON THE BASIS OF RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, AGE, DISABILITY, MARITAL STATUS, CITIZENSHIP, NATIONAL ORIGIN, GENETIC INFORMATION, OR ANY OTHER CHARACTERISTIC PROTECTED BY LAW. BRONX ACADEMY OF PROMISE CHARTER SCHOOL PROHIBITS ANY SUCH DISCRIMINATION OR HARASSMENT. THIS POLICY IS INDICATED WITHIN OUR CODE OF CONDUCT AND ON OUR STUDENT ENROLLMENT AND EMPLOYMENT APPLICATIONS, WHICH CAN BE FOUND ON OUR WEBSITE. THE BRONX ACADEMY OF PROMISE CHARTER SCHOOL ADVERTISES ITS SCHOOL THROUGH NEWSPAPER PUBLICATION.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT DISTRIBUTE OR AWARD SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE TO ITS STUDENTS
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES FEDERAL AND STATE GRANTS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DENISE SCHIRALDI
PRINCIPAL$200,450$0$0$0$0$0$6,800$0$17,140$0$224,390$0$0$0
ALDRINA ARSHRAVAN
INSTRUCTIONAL COACH/ DEAN OF DISCIPL$155,345$0$0$0$0$0$9,321$0$45,551$0$210,217$0$0$0
NICHOLAS MARK PARRINO
DEAN OF STUDENT/HUMANITIES COACH$143,258$0$0$0$0$0$8,595$0$45,551$0$197,404$0$0$0
CANDACE GREENE
BUSINESS MANAGER$124,311$0$0$0$0$0$7,459$0$45,551$0$177,321$0$0$0
RACHEL OSIAS
DEAN AND AFTER SCHOOL DIRECTOR$123,368$0$0$0$0$0$2,250$0$26,181$0$151,799$0$0$0

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$43,960NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescSOFTWAREDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$2,188NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 2DURING THE 2022-2023 SCHOOL YEAR, BRONX ACADEMY OF PROMISE ADDED A PREK PROGRAM FOR 4-YEAR-OLDS. THE SCHOOL WAS GRANTED AN INITIAL CLASSROOM OF 18 STUDENTS WITH ONE TEACHER AND ONE TEACHER ASSISTANT. THE PROGRAM STARTED IN SEPTEMBER OF 2022, FOLLOWING THE SCHOOL CALENDAR OF OUR CURRENT GRADES K-8.
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO OTHER COMMITTEES BESIDES THE BOARD OF DIRECTORS
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS, AND REQUIRES ALL OF THE BOARD MEMBERS AND KEY OFFICERS TO FILL OUT THE CONFLICT OF INTEREST DISCLOSURE FORM. OFFICERS AND DIRECTORS ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IF A CONFLICT OF INTEREST ARISES, THE PROCEDURE IS TO BRING THE MATTER TO THE ATTENTION OF OUR BOARD.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR TOP MANAGEMENT OFFICIALS IS DELIBERATED BY THE BOARD CHAIR AND FINANCE COMMITTEE. SALARY SURVEYS AND SCHOOL COMPENSATION STATISTICS ARE REVIEWED AND REFERENCED, AND BACKGROUND EXPERIENCE IS TAKEN INTO CONSIDERATION WHEN DECIDING ON COMPENSATION FOR ANY POSITION WITHIN THE ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.