2024-05-09T09:45:35-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 465771070 AMBER EDUCATION FUND INC AMBE 2125349667 2196 THIRD AVE 2009 NEW YORK NY 10035 VASTHI ACOSTA SECRETARY 2125349667 2024-05-07 1 VASTHI ACOSTA 999009999 0 MICHELLE CAIN P00150750 5854231860 2024-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ACADEMIC INSTITUTION FOUNDATION VASTHI ACOSTA 2196 THIRD AVE 2009 NEW YORK NY 10035 9041128 0 X N/A X 2014 NY THE AMBER EDUCATION FUND, INC. WAS ESTABLISHED TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE AMBER CHARTER SCHOOLS. 7 6 0 7 0 0 45891 3837315 2446316 227500 251 56610 0 560022 2492458 4681447 0 0 0 267500 0 0 0 0 68276 3848750 331013 3848750 598513 -1356292 4082934 14818414 73148773 18560246 70334284 -3741832 2814489 THE AMBER EDUCATION FUND, INC. RAISES FUNDS AND SUPPORTS THE AMBER CHARTER SCHOOLS AND OTHER INITIATIVES THAT BRING SOUND EDUCATIONAL OPPORTUNITIES TO UNDERSERVED LOW-INCOME COMMUNITIES. 0 0 272186 787522 SUPPORT THE OPERATION OF THE AMBER CHARTER SCHOOLS BY PROVIDING ASSISTANCE WITH THE SCHOOL'S REAL ESTATE AND FACILITIES-RELATED NEEDS. THE ORGANIZATION RAISES FUNDS AND PROVIDES RESOURCES TO THE SCHOOL IN ORDER TO ENHANCE THE EXPERIENCE OF THE SCHOOL'S STUDENTS. 272186 1 1 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 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X 4TH SECTOR SOLUTIONS 2125349667 220 E 106TH STREET NEW YORK NY 10029 MICHAEL STOLPER CHAIR 1.00 X X 0 0 0 JASON P TORRES TREASURER 0.50 X X 0 0 0 VASTHI ACOSTA SECRETARY 0.50 35.00 X X 0 221471 36977 SOLEDAD HICIANO MEMBER 0.50 1.00 X 0 0 0 JOHN GUTIERREZ MEMBER 0.50 1.00 X 0 0 0 MICHELE HIRSHMAN MEMBER 0.50 X 0 0 0 SELENE BENAVIDES MEMBER 0.50 X 0 0 0 0 221471 36977 1 0 1 0 FACILITY VALUE INC 5030 BROADWAY STE 633 NEW YORK NY 10034 CUSTODIAL 287980 JM CONSULTING INC PO BOX 1563 MANCHESTERBYTHESEA MA 01944 CONSULTING 256220 2 3837315 3837315 MANAGEMENT FEES 541900 227500 227500 227500 56610 56610 4919703 4359681 560022 560022 560022 4681447 787522 0 56610 X 267500 267500 12168 12168 30521 30521 270107 1340 202768 65999 2277 2277 2361 1803 558 3990 3990 4463 4463 SUPPLIES / MATERIALS 3736 1506 2230 MISCELLANEOUS 1390 37 1353 598513 272186 258051 68276 750737 0 2437912 5734487 19260 18760 17250 48834 12468046 533553 11530412 11934493 62843 55412199 14818414 73148773 22765 46213 13072368 12860167 5465113 57427904 18560246 70334284 X -3741832 2814489 -3741832 2814489 14818414 73148773 4082934 2473387 0 X X 0 1 X 1 0 X X 1 AMBER CHARTER SCHOOLS 134119814 2 1 267500 0 1 267500 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12282647 474424 11808223 88895 38236 50659 96504 20893 75611 11934493 SECURITY DEPOSITS 179510 RIGHT-OF-USE ASSET - OPERATING 50341089 DEFERRED LEASE RECEIVABLE 4623094 RELATED PARTY RECEIVABLES 268506 55412199 DUE TO RELATED ENTITIES 1085015 LEASE LIABILITY - OPERATING 56342889 57427904 X 9056128 15000 4359681 4374681 4681447 0 4681447 4973194 15000 4359681 4374681 598513 0 598513 PART X, LINE 2: THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS WHERE THEY ARE REQUIRED TO DO SO. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK STATE. THE LLC IS A SINGLE MEMBER LLC AND IS DISREGARDED FOR TAX PURPOSES. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2023, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2020. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE. MANAGEMENT OF THE ORGANIZATION BELIEVES THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, THEY HAVE NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF REAL ESTATE 4,359,681. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF REAL ESTATE 4,359,681. X 0 0 0 0 0 0 0 0 0 VASTHI ACOSTA SECRETARY 0 176002 0 45469 0 0 0 12314 0 24663 0 258448 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER WHO IS AMBER CHARTER SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER OF THE ORGANIZATION IS ALLOWED ATLEAST ONE INDIVIDUAL REPRESENTATIVE ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES OTHER THAN THE GOVERNING BOARD FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS RECEIVES A COPY OF THE 990 BEFORE IT IS FILED ALONG WITH AN AUDITED COPY OF THE FINANCIAL STATEMENTS AND COMPARES THE TWO FOR COMPLETENESS AND RAISES QUESTIONS ABOUT ANY POSSIBLE CORRECTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, ALL DIRECTORS AND OFFICERS MUST SIGN A CONFLICT OF INTEREST QUESTIONNAIRE, DISCLOSING ANY PERSONAL, BUSINESS OR FINANCIAL INTEREST OR ACTIVITIES THAT MAY CONFLICT OR APPEAR TO CONFLICT WITH THE INTEREST OF THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,340. MANAGEMENT AND GENERAL EXPENSES 202,768. FUNDRAISING EXPENSES 65,999. TOTAL EXPENSES 270,107. 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. INWOOD 532 WEST 215TH STREET LLC 532 WEST 215TH STREET NEW YORK NY 10034 850888234 REAL ESTATE HOLDING NY 4932980 68387611 AMBER SCHOOLS FOUNDATION INC AMBER CHARTER SCHOOLS 220 E 106TH STREET NEW YORK NY 10029 134119814 TO OPERATE A CHARTER SCHOOL IN THE CITY OF NEW YORK NY 501(C)(3) LINE 2 0 0 1 0 0 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 AMBER CHARTER SCHOOLS B 267500 ACTUAL AMBER CHARTER SCHOOLS E 69423062 FMV AMBER CHARTER SCHOOLS J 4919703 ACTUAL AMBER CHARTER SCHOOLS L 227500 ACTUAL