2023-03-22T08:43:15-05:00 2022-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2021-07-01 201107218 PHAROS ACADEMY CHARTER SCHOOL PHAR 6469150025 1001 INTERVALE AVENUE BRONX NY 10459 JAVIER LOPEZ-MOLINA CHAIRMAN 6469150025 2023-03-15 1 JAVIER LOPEZ-MOLINA 999009999 MICHELLE CAIN P00150750 5854231860 2023-03-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JAVIER LOPEZ-MOLINA 1001 INTERVALE AVENUE BRONX NY 10459 16506301 0 X WWW.PHAROSACADEMIES.ORG X 2004 NY PHAROS ACADEMY CHARTER SCHOOL IS A K-12 PUBLIC CHARTER SCHOOL LOCATED IN THE LONGWOOD SECTION OF THE BRONX, NY. OUR MISSION IS TO DEVELOP SCHOLARS WHO COMMUNICATE WELL, ARE INTELLECTUALLY CURIOUS, AND SOLVE PROBLEMS USING DIFFERENT APPROACHES. WE ARE UNAPOLOGETICALLY COMMITTED TO EDUCATING BRONX KIDS AND WILL STOP AT NOTHING TO CLOSE ALL URBAN-EDUCATION GAPS. 10 10 159 10 0 0 2926424 2867692 11602062 12456527 41764 22082 0 0 14570250 15346301 0 0 0 0 8696036 9789444 0 0 0 0 5401659 8696036 15191103 5874214 155198 10301398 9897285 2058666 1574570 8242732 8322715 X PHAROS ACADEMY CHARTER SCHOOL IS A K-12 PUBLIC CHARTER SCHOOL LOCATED IN THE LONGWOOD SECTION OF THE BRONX, NY. OUR MISSION IS TO DEVELOP SCHOLARS WHO COMMUNICATE WELL, ARE INTELLECTUALLY CURIOUS, AND SOLVE PROBLEMS USING DIFFERENT APPROACHES. WE ARE UNAPOLOGETICALLY COMMITTED TO EDUCATING BRONX KIDS AND WILL STOP AT NOTHING TO CLOSE ALL URBAN-EDUCATION GAPS. 0 0 13385955 12456527 EDUCATIONAL SERVICES - A CHARTER SCHOOL OFFERING CLASSES FROM KINDERGARTEN THROUGH TWELFTH GRADE. THE SCHOOL HAD 683 STUDENTS ATTENDING DURING THE FISCAL YEAR ENDED JUNE 30, 2022. 13385955 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 50 0 159 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 X TRAVIS BROWN 6469150025 1001 INTERVALE AVENUE BRONX NY 10459 X SARA JEAN-JACQUES SECRETARY 4.00 2.00 X X 0 0 0 KEYUR SHAH TREASURER 4.00 2.00 X X 0 0 0 ROBB GRANADO VICE CHAIRMAN 4.00 4.00 X X 0 0 0 JAVIER LOPEZ-MOLINA CHAIRMAN 4.00 4.00 X X 0 0 0 BRIAR THOMPSON TRUSTEE 2.00 X 0 0 0 STACY SUTHERLAND TRUSTEE 2.00 X 0 0 0 JARROD SOWELL TRUSTEE 2.00 X 0 0 0 SHARON BEIER TRUSTEE 2.00 X 0 0 0 TAMARA SOUTH TRUSTEE 2.00 X 0 0 0 TAHINA PEREZ TRUSTEE 2.00 X 0 0 0 TRAVIS BROWN PRINCIPAL 40.00 X 221205 0 27020 ADEBUNMI SAVAGE CHIEF ACADEMIC OFFICER 40.00 X 164736 0 15463 COURTNEY RUSSELL CHIEF OPERATIONS OFFICER 40.00 2.00 X 195577 0 33624 CHRISSANDRA MOSBY DIRECTOR SCHOOL CULTURE 40.00 X 126198 0 10334 LATASHA BALL DIRECTOR OF INSTRUCTION 40.00 X 121068 0 7615 ELIZABETH PIERCE MANAGING DIR OF CURR. & INSTR 40.00 X 132588 0 12408 ERIN KIM DIRECTOR OF CURR. & INST STEM 40.00 X 130829 0 14825 MARIA DORSEY PAYROLL FIN & DATA COMPLIANCE 40.00 X 127107 0 14633 1219308 0 135922 8 0 1 0 BRONX SUPPORT CORPORATION 1005 INTERVALE AVE BRONX NY 10459 RENT 642550 EXECUTIVE CLEANING SERVICES LLC 460 NEW YORK AVENUE HUNTINGTON NY 11743 CLEANING SERVICES 438473 GENUINE FOOD LAB LLC PO BOX 96503 WASHINGTON DC 20090 STUDENT MEALS 208561 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 WEST 35TH STREET NEW YORK NY 10001 ACCOUNTING/FINANCE SERVICES 161377 MOBILE HEALTH MEDICAL SERVICES PC 229 WEST 36TH STREET NEW YORK NY 10018 PPE SUPPLIES 139600 6 2807708 59984 34237 2867692 STUDENT ENROLLMENT FEES 611110 12389439 12389439 OTHER INCOME 611110 67088 67088 12456527 22082 22082 1160000 1160000 0 15346301 12456527 0 22082 721555 478570 242985 7475089 6680799 794290 103023 97208 5815 793559 713593 79966 696218 610232 85986 24032 21148 2884 232250 204380 27870 6173 6173 839347 743797 95550 646589 566926 79663 50814 44538 6276 178579 157150 21429 777535 681506 96029 385864 385864 195771 195771 FIELD TRIPS AND OTHER A 897939 897939 SUPPLIES AND EQUIPMENT 644861 644861 REPAIRS AND MAINTENANCE 512105 448857 63248 OTHER 9800 8587 1213 15191103 13385955 1805148 0 2233984 209645 709301 683034 825605 1888732 109650 64909 4130631 2577544 897639 1553087 2543008 2357391 2982211 3140487 10301398 9897285 2001528 1574570 57138 0 2058666 1574570 X 8238126 8318109 4606 4606 8242732 8322715 10301398 9897285 155198 -75215 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 599872 44097 555775 2542717 2086682 456035 988042 446765 541277 1553087 SECURITY DEPOSITS 53758 CASH IN ESCROW 71182 DUE FROM AFFILIATES 2805889 DEFERRED LEASE ASSET 57935 INSURANCE RECOVERY RECEIVABLE 151723 3140487 X 16196619 -75215 931706 856491 15340128 6173 6173 15346301 16116636 931706 931706 15184930 6173 6173 15191103 PART X, LINE 2: THE CHARTER SCHOOL, BPHC, AND BRONX SUPPORT CORPORATION ARE TAX-EXEMPT ORGANIZATIONS 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 CHARTER SCHOOL, BPHC, AND BRONX SUPPORT CORPORATION FILE FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. IN ADDITION, BPHC AND BRONX SUPPORT CORPORATION FILE A FORM CHAR 500 IN NEW YORK STATE. THE LLC IS A SINGLE MEMBER LLC AND IS DISREGARDED FOR TAX PURPOSES. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2019 THROUGH JUNE 30, 2022 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL, BPHC, AND BRONX SUPPORT CORPORATION BELIEVE THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL RECRUITS BY WORD OF MOUTH IN THE COMMUNITY AND THROUGH THE DISTRIBUTION OF FLYERS IN THE NEIGHBORHOOD, WHICH INCLUDES THE RACIALLY NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 FEDERAL AND NEW YORK STATE GOVERNMENT GRANTS ARE RECEIVED TO ENHANCE TEACHERS' SKILLS AND IMPROVE TECHNOLOGY. X X 0 0 0 0 0 0 0 0 0 TRAVIS BROWN PRINCIPAL 221205 0 0 0 0 0 11050 0 15970 0 248225 0 0 0 COURTNEY RUSSELL CHIEF OPERATIONS OFFICER 195577 0 0 0 0 0 9380 0 24244 0 229201 0 0 0 ADEBUNMI SAVAGE CHIEF ACADEMIC OFFICER 164736 0 0 0 0 0 4800 0 10663 0 180199 0 0 0 X 34237 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SENIOR DIRECTOR OF OPERATIONS AND COMPLIANCE AT THE SCHOOL BEFORE BEING FORWARDED TO THE SCHOOL'S FINANCE COMMITTEE FOR THEIR REVIEW. IT IS THEN REVIEWED BY THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL REQUIRES ALL BOARD MEMBERS TO FORMALLY DISCLOSE IN WRITING ANY CONFLICT OF INTEREST MATTERS. BOARD MEMBERS SUBMIT UPDATES TO THE CONFLICT OF INTEREST DECLARATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING THE COMPENSATION OF THE ORGANIZATION'S PRINCIPALS INCLUDED REVIEW, DELIBERATION AND APPROVAL OF THE BOARD OF DIRECTORS, WITH COMPARISONS TO OTHER NON-PROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, EMPLOYEE HANDBOOK, FINANCIAL POLICIES AND PROCEDURES GUIDE, CHARTER SCHOOL MANUAL AND OTHER POLICIES (INVESTMENT, CONFLICT OF INTEREST, ETC) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C EXPLANATION THIS PROCESS IS CONSISTENT WITH PRIOR YEARS. BLCS PROPERTY HOLDING COMPANY INC 1001 INTERVALE AVENUE BRONX NY 10459 450900484 PROPERTY HOLDING COMPANY DE 501(C)(2) LINE 10 PHAROS ACADEMY CHARTER SCHOOL 0 BRONX SUPPORT CORPORATION 1005 INTERVALE AVE BRONX NY 10459 830748114 SUPPORTING ORGANIZATION NY 501(C)(3) LINE 12A, I PHAROS ACADEMY CHARTER SCHOOL 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 BRONX SUPPORT CORPORATION K 642876 COST BLCS PROPERTY HOLDING COMPANY INC B 57172 COST