2024-05-10T13:09:03-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 861828033 FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL ACADEMY CHARTER SCHOOL INC FRIE 7188736049 52 E 80TH STREET NEW YORK NY 10075 DAN KLORES PRESIDENT 7188736049 2024-05-08 1 DAN KLORES 999009999 0 MICHELLE CAIN P00150750 5854231860 2024-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAN KLORES 52 E 80TH STREET NEW YORK NY 10075 4443809 0 X EARLMONROESCHOOL.ORG X 2021 NY FRIENDS OF EMNR'S MISSION IS TO SUPPORT THE SCHOOL IN ITS MISSION VIA SUPPORT IN THE SCHOOL'S FACILITY WORK AS WELL AS ACTING AS A FUNDRAISING ARM FOR THE SCHOOL. 5 5 0 5 0 0 10628435 340265 0 0 9614 344195 0 114591 10638049 799051 0 273000 0 0 0 0 0 0 43375 218330 380737 218330 653737 10419719 145314 10714144 12658138 294425 2065947 10419719 10592191 X FRIENDS OF EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL'S MISSION IS TO SUPPORT EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL IN ITS MISSION TO HELP STUDENTS FROM SOME OF NYC'S MOST CHALLENGING NEIGHBORHOODS SEE BEYOND THE HARDWOOD TO FIND HOPE AND OPORTUNITY. WE WANT THEM TO BE INSPIRED NOT JUST BY PLAYERS, BUT BY RECOGNIZABLE AND RESPECTED ROLE MODELS FROM PROFESSIONS RELATED TO BASKETBALL. 0 0 589846 273000 114591 TO SUPPORT EARL MONROE CHARTER SCHOOL IN IT'S MISSION TO PROVIDE HIGH QUALITY EDUCATIONAL SERVICES AND POST-SECONDARY EDUCATIONAL PREPAREDNESS FOR STUDENTS IN GRADES 9-12. 589846 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 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 0 0 1 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0 NY X THE ORGANIZATION 2254360136 1617 PARKVIEW AVE BRONX NY 10461 X DAN KLORES CHAIR 1.00 X X 0 0 0 JACK IRUSHALMI TREASURER 1.00 X X 0 0 0 SCOTT MAGER TRUSTEE 1.00 X 0 0 0 MONICA MAJOR TRUSTEE 1.00 X 0 0 0 ANTONIO BURGOS TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 OUR LADY OF ASSUMPTION 1634 MAHAN AVE BRONX NY 10461 FACILITY RENT 935357 EARL MONROE INTERNATIONAL LLC 1925 7TH AVE APT 6D NEW YORK NY 10026 SCHOOL AND COMMUNITY CONSULTING 125000 2 340265 340265 304951 304951 1337837 1223246 114591 114591 114591 2460756 2421512 39244 39244 39244 799051 114591 0 344195 X 273000 273000 1226 1226 18000 18000 360221 316846 43375 SUPPLIES AND MATERIALS 1282 1282 OTHER 8 8 653737 589846 20516 43375 185195 49687 10063142 7709080 128632 107632 78588 0 171900 0 27000 171900 2452415 231587 2167424 10714144 12658138 60000 89727 78588 0 155837 1976220 294425 2065947 X 10342087 10534559 77632 57632 10419719 10592191 10714144 12658138 145314 27158 0 X X 0 1 X 1 0 X 10628435 340265 10968700 10628435 340265 10968700 9774306 1194394 11045 304951 315996 11284696 2593994 X PART II, SECTION B, LINE 13 - SHORT YEAR 9/30/2021 THROUGH 6/30/2022 WOULD BE CONSIDERED THE ORGANIZATION'S FIRST YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 171900 171900 171900 U.S. TREASURY BILLS 2452415 F 2452415 DEFERRED LEASE RECIEVABLE 3999 SECUIRTY DEPOSIT 100000 RIGHT-OF-USE ASSETS 1802243 DUE FROM RELATED PARTY 261182 2167424 ACCRUED EXPENSES 19500 DUE TO RELATED PARTY 65758 OPERATING LEASE LIABILITY 1890962 1976220 X 2049455 27158 1223246 1250404 799051 0 799051 1876983 1223246 1223246 653737 0 653737 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, ARE EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2022 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND NEW YORK STATE. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,223,246. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,223,246. 0 EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL 1617 PARKVIEW AVE BRONX NY 10461 833394623 501C3 273000 0 BOOK TO HELP OFFSET OPERATING COSTS 1 0 FORM 990, PART VI, SECTION A, LINE 8A THERE WERE NO BOARD MEETINGS DURING THE FISCAL YEAR ENDING JUNE 30, 2023. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUBCOMITTEES, ONLY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS DISTRIBUTED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO ITS FILING. ALL MEMBERS OF THE GOVERNING BOARD ARE REQUESTED TO REVIEW AND AUTHORIZE THE FILING OF THE FORM 990. IF THE BOARD MEMBERS HAVE ANY QUESTIONS, THEY ARE ADDRESSED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO FILL OUT THE CONLICT OF INTEREST DISCLOSURE FORM. AN INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO LEAVE THE ROOM WHILE THE MATTER IS DISCUSSED. FORM 990, PART VI, SECTION B, LINE 15 CURRENTLY, THERE IS NO ONE WHO IS COMPENSATED THAT IS AN OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON RECEIPT OF A WRITTEN REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES - OTHER: PROGRAM SERVICE EXPENSES 316,846. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 43,375. TOTAL EXPENSES 360,221. 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.