2024-04-25T20:01:00-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 464341617 BROOKLYN LABORATORY CHARTER SCHOOLS INC BROO 3475938369 77 SANDS STREET BROOKLYN NY 11201 MARTHA REVENAUGH CHAIR 3474298439 2024-04-25 1 MARTHA REVENAUGH 999009999 1 GARRETT M HIGGINS P00543209 2122862600 2024-04-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X GARLAND THOMAS-MCDAVID 77 SANDS STREET BROOKLYN NY 11201 23778151 0 X BKLABPREP.ORG X 2013 NY TO PREPARE SCHOLARS WITH THE ACADEMIC FOUNDATION, DIGITAL LITERACY, AND LEADERSHIP SKILLS NECESSARY TO SUCCEED IN COLLEGE AND PROFESSIONAL LIFE AS THEY GROW AS ETHICAL LEADERS. 12 12 188 16 0 0 3757422 4010111 20836971 19756711 5121 543 2826 10786 24602340 23778151 0 0 0 0 10773417 12800967 0 0 0 13613784 15702974 24387201 28503941 215139 -4725790 18514494 34591463 3241360 24044119 15273134 10547344 TO PREPARE SCHOLARS WITH THE ACADEMIC FOUNDATION, DIGITAL LITERACY, AND LEADERSHIP SKILLS NECESSARY TO SUCCEED IN COLLEGE AND PROFESSIONAL LIFE AS THEY GROW AS ETHICAL LEADERS. 0 0 25169568 0 19756711 THE SCHOOL PROVIDES ITS STUDENTS WITH A SOLID FOUNDATION FOR ACADEMIC SUCCESS, THROUGH ACHIEVEMENT THAT EXCEEDS CITYWIDE AVERAGES AND MEETS OR EXCEEDS NEW YORK STATE STANDARDS AND NATIONAL NORMS IN ALL CURRICULUM AREAS TESTED, ESPECIALLY IN MATHEMATICS AND LANGUAGE ARTS. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 642 STUDENTS IN GRADES SIXTH THROUGH TWELFTH DURING THE 2022-2023 ACADEMIC YEAR. 25169568 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 47 0 188 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X STERLING FLORANT 3474738340 77 SANDS STREET BROOKLYN NY 11201 MARTHA REVENAUGH CHAIR 2.00 X X 0 0 0 WALTER LOUGHLIN VICE CHAIR 1.00 X X 0 0 0 ADRIEN SIEGFRIED TREASURER (THRU SEP 2022) 1.00 X X 0 0 0 RYAN M CARTER TRUSTEE (THRU SEP 2022), TREASURER 1.00 X X 0 0 0 NADINE AUGUSTA SECRETARY 1.00 X X 0 0 0 DR CANDANCE BETHEA TRUSTEE 1.00 X 0 0 0 ASHWINI CHHABRA TRUSTEE 1.00 X 0 0 0 ELDRIDGE GILBERT III TRUSTEE (THRU JAN 2023) 1.00 X 0 0 0 MELISHA JACKMAN TRUSTEE 1.00 X 0 0 0 TIM KAU TRUSTEE 1.00 X 0 0 0 MELANIE KOTLER TRUSTEE 1.00 X 0 0 0 JONATHAN MCINTOSH TRUSTEE 1.00 X 0 0 0 SUJATA RAJPUROHIT TRUSTEE 1.00 X 0 0 0 TOKUMBO SHOBOWALE TRUSTEE (THRU JULY 2022) 1.00 X 0 0 0 DR YASEMIN TARAKCI TRUSTEE 1.00 X 0 0 0 GARY WOOD TRUSTEE (THRU OCT 2022) 1.00 X 0 0 0 GARLAND THOMAS-MCDAVID CEO 40.00 X 129865 0 3264 STERLING FLORANT COO 40.00 X 126122 0 9278 SHERYL GOMEZ CFO (THRU AUG 2022) 40.00 X 124139 0 5467 CHARLES JONES PRINCIPAL 40.00 X 148846 0 8596 JACOB XAVIER DIRECTOR OF DATA & ANALYTICS 40.00 X 137583 0 8087 SHAWN HARRIS DEAN OF SCHOLARS 40.00 X 131593 0 13969 MELISSA POUX ASSISTANT PRINCIPAL 40.00 X 124248 0 13530 QUANAYSHA ASH DEAN OF INSTRUCTION 40.00 X 119137 0 27884 ERIC TUCKER FORMER EXEC DIRECTOR (THRU JUN 2022) 0.00 X 112053 0 15846 1153586 0 105921 20 1 1 0 INNOVATEEDU INC 240 JAY STREET BROOKLYN NY 11201 EDUCATIONAL SERVICES 621380 K&L GATES LLP ONE NEWARK CENTER 10TH FLOOR NEWARK NJ 07102 LEGAL SERVICES 549916 EXECUTIVE CLEANING SERVICES LLC 460 NEW YORK AVENUE HUNTINGTON NY 11743 CLEANING SERVICES 398892 STAFFING BOUTIQUE INC 99 HUDSON STREET 5TH FLOOR NEW YORK NY 10013 SUBSTITUTE TEACHER SERVICES 279610 RELAY GRADUATE SCHOOL OF EDUCATION 25 BROADWAY 3RD FLOOR NEW YORK NY 10004 PROFESSIONAL DEVELOPMENT SERVICES 204050 13 3680994 329117 52974 4010111 GOV'T PER-PUPIL REV. 611000 14173834 14173834 GOV'T PER-PUPIL FACILITIES FUNDIN 611000 3392642 3392642 RENTAL INCOME 532000 2190235 2190235 19756711 543 543 MISCELLANEOUS 900099 10786 10786 10786 23778151 19756711 0 11329 417037 142016 275021 10466736 9702656 764080 161568 150147 11421 840989 760141 80848 914637 821166 93471 388160 388160 313260 313260 1738688 1512830 225858 683004 661425 21579 856197 823028 33169 243016 237229 5787 8036568 7215510 821058 1189608 1068037 121571 134710 120947 13763 STAFF DEVELOPMENT 889729 839921 49808 REPAIRS/MAINTENANCE 650741 584246 66495 STUDENT SERVICES 380612 380612 FOOD SERVICES 146592 146592 52089 3065 49024 28503941 25169568 3334373 0 1158844 46111 3483498 1015388 1482675 1720380 2093 0 56999 116952 10718971 6254189 4877621 4464782 6852270 3997158 600494 23230692 18514494 34591463 1397890 1113144 561969 0 200000 0 1081501 22930975 3241360 24044119 X 15273134 10547344 15273134 10547344 18514494 34591463 -4725790 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 7582887 3792712 3790175 3076398 2427015 649383 59686 34462 25224 4464782 LOAN TO FRIENDS OF BROOKLYN LAB 3997158 C 3997158 RIGHT OF USE ASSETS - LEASES 22830198 SECURITY DEPOSITS 400494 23230692 LEASE LIABILITIES 22775075 DUE FROM FRIENDS 155900 22930975 X 23778151 0 23778151 0 23778151 28503941 0 28503941 0 28503941 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE YEARS PRIOR TO JUNE 30, 2020. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2020-23. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X 1 0 0 0 0 0 0 1 0 CHARLES JONES PRINCIPAL 146346 0 2500 0 0 0 0 0 8596 0 157442 0 0 0 ERIC TUCKER FORMER EXEC DIRECTOR (THRU JUN 2022) 104553 0 0 0 7500 0 0 0 15846 0 127899 0 0 0 PART I, LINE 4A THE FORMER EXECUTIVE DIRECTOR RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $7,500 IN 2022. PART I, LINE 7 THE ORGANIZATION PAID BOARD-APPROVED PERFORMANCE BASED BONUSES TO INDIVIDUALS LISTED IN PART VII IN 2022. X 52974 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. ONCE PREPARED, IT IS PROVIDED TO MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. A COMPLETE COPY IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES. UNDER THIS POLICY, SUCH PERSONS MUST DISCLOSE THE EXISTENCE OF ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST TO THE BOARD. AFTER DISCLOSURE OF ALL MATERIAL FACTS, THE INDIVIDUAL LEAVES THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE MEETING MINUTES DOCUMENT THE NAME OF THE INTERESTED PERSON, THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE NAMES OF THE INDIVIDUALS AT THE MEETING, AND THE RESULT OF THE VOTE. INTERESTED PERSONS ALSO ANNUALLY SIGN A STATEMENT OF AFFIRMATION INDICATING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, AND AGREE TO ABIDE BY IT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR, AND OTHER OFFICERS INCLUDES THE USE OF COMPARABLE DATA SUCH AS FORM 990S OF OTHER ORGANIZATIONS. THE BOARD OF TRUSTEES REVIEWS THE COLLECTED DATA AND VOTES ON THE COMPENSATION. THE PROCESS LAST OCCURRED IN 2022, AND WAS DOCUMENTED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPDENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.