2023-04-10T11:48:57-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2021-07-01 262433224 CRISTO REY BROOKLYN HIGH SCHOOL CRIS 7184553555 710 EAST 37TH STREET BROOKLYN NY 11203 WILLIAM P HENSON PRESIDENT 7184553555 2023-04-10 1 WILLIAM HENSON 999009999 BRIAN M FLYNN P00739850 2017129800 2023-04-06 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z WILLIAM P HENSON 710 EAST 37TH STREET BROOKLYN NY 11203 7856825 0 0928 X WWW.CRISTOREYBROOKLYN.ORG X 2008 NY CRISTO REY BROOKLYN IS A CATHOLIC HIGH SCHOOL PARTNERING WITH FAMILIES OF ALL CREEDS TO EDUCATE DESERVING YOUNG PEOPLE FROM UNDERSERVED COMMUNITIES TO BECOME MEN AND WOMEN OF FAITH, PURPOSE, AND SERVICE. BY INTEGRATING A RIGOROUS CURRICULUM, A UNIQUE WORK-STUDY EXPERIENCE, AND THE SUPPORT OF AN INCLUSIVE SCHOOL COMMUNITY, WE ENABLE STUDENTS TO SUCCEED IN COLLEGE AND BEYOND WITH THE VALUES ESSENTIAL TO A FULFILLING LIFE. 22 20 60 24 0 0 2427821 4780887 1983265 2629660 13985 260 80358 220113 4505429 7630920 308212 339305 0 0 3202827 3126005 0 293000 589954 997331 1448881 4508370 5207191 -2941 2423729 1852260 4200668 1403214 1135620 449046 3065048 X CRISTO REY BROOKLYN IS A CATHOLIC HIGH SCHOOL PARTNERING WITH FAMILIES OF ALL CREEDS TO EDUCATE DESERVING YOUNG PEOPLE FROM UNDERSERVED COMMUNITIES TO BECOME MEN AND WOMEN OF FAITH, PURPOSE, AND SERVICE. BY INTEGRATING A RIGOROUS CURRICULUM, A UNIQUE WORK-STUDY EXPERIENCE, AND THE SUPPORT OF AN INCLUSIVE SCHOOL COMMUNITY, WE ENABLE STUDENTS TO SUCCEED IN COLLEGE AND BEYOND WITH THE VALUES ESSENTIAL TO A FULFILLING LIFE. 0 0 3918481 339305 2629660 CRISTO REY BROOKLYN HIGH SCHOOL (CRBHS), FOUNDED IN 2008 IN BROOKLYN, NEW YORK, IS A MEMBER OF THE CRISTO REY NETWORK OF 38 HIGH SCHOOLS ACROSS THE UNITED STATES, THE LARGEST NETWORK OF SCHOOLS IN THE COUNTRY THAT EXCLUSIVELY SERVES FAMILIES AND YOUNG PEOPLE OF LIMITED ECONOMIC MEANS. CRBHS PROVIDES A COLLEGE PREPARATORY CATHOLIC HIGH SCHOOL EDUCATION TO STUDENTS WHOSE FAMILIES HAVE DEMONSTRATED A FINANCIAL NEED. STUDENTS ENROLLED AT CRBHS CURRENTLY RESIDE IN BROOKLYN, QUEENS, MANHATTAN, AND THE BRONX.FOR FY22, CRBHS' ENROLLMENT WAS 297 STUDENTS. SCHOOL WAS IN SESSION 183 DAYS OUT OF THE SCHOOL YEAR, PLUS SPECIAL EXTENDED SUMMER PROGRAMMING. 96% OF ITS 2022 GRADUATES WERE ACCEPTED INTO COLLEGE, WITH EACH GRADUATE EARNING AT LEAST ONE FOUR-YEAR COLLEGE ACCEPTANCE WITH FULL FINANCIAL NEEDS MET. 3918481 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 60 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X BETTY CHOI 7184553555 710 EAST 37TH STREET BROOKLYN NY 11203 WILLIAM FORD PRESIDENT/EXECUTIVE OFFICE 40.00 X X 61055 0 12814 WILLIAM HENSON VICE CHAIR 1.00 X X 27500 0 20580 ROBERT CATELL CHAIRMAN 1.00 X X 0 0 0 IAN RUDDLE TREASURER 1.00 X X 0 0 0 ERIC M HELLIGE SECRETARY 1.00 X X 0 0 0 NICHOLAS CAIAZZO BOARD MEMBER 1.00 X 0 0 0 SISTER ELIZABETH CALFAPIETRA BOARD MEMBER 1.00 X 0 0 0 ANDREW T HUGHES BOARD MEMBER 1.00 X 0 0 0 MARTIN ESTEVERENA BOARD MEMBER 1.00 X 0 0 0 CATHERINE FLAX BOARD MEMBER 1.00 X 0 0 0 THOMAS F FLOOD BOARD MEMBER 1.00 X 0 0 0 BRIAN FOLEY BOARD MEMBER 1.00 X 0 0 0 DANIEL GEOGHAN BOARD MEMBER 1.00 X 0 0 0 JOSEPH GUATELLA BOARD MEMBER 1.00 X 0 0 0 VINCENT LEVIEN BOARD MEMBER 1.00 X 0 0 0 JOAN MURPHY BOARD MEMBER 1.00 X 0 0 0 TED PETRONE BOARD MEMBER 1.00 X 0 0 0 BRIAN J SMITH BOARD MEMBER 1.00 X 0 0 0 PAUL SCARIANO BOARD MEMBER 1.00 X 0 0 0 JENNIFER SMITH BOARD MEMBER, THRU 6/2/22 1.00 X 0 0 0 ROBERT SUMBERAC BOARD MEMBER 1.00 X 0 0 0 MARK WILLIS BOARD MEMBER 1.00 X 0 0 0 TERRY YARDE BOARD MEMBER 1.00 X 0 0 0 JOHN INFORTUNIO DIRECTOR OF OPERATIONS, THRU 10/16/21 40.00 X 74659 0 0 IVAN CHARLES DIRECTOR OF OPERATIONS, EFF. 11/1/21 40.00 X 16667 0 0 DEANNA PHILIPPE PRINCIPAL 40.00 X 106499 0 11135 286380 0 44529 1 0 0 0 COMMUNITY COUNSELLING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 19182 FUNDRAISING SERVICES 293000 ACQUISTA FOOD SERVICE 178-01 UNION TURNPIKE QUEENS NY 11366 FOOD SERVICES 159362 2 283777 1190968 3306142 243198 4780887 SPONSOR CONTRACTS 611710 1105341 1105341 TUITION 611710 776242 776242 NEW YORK MANDATED SERV 611710 487031 487031 CAFETERIA INCOME 611710 261046 261046 2629660 389 389 29300 3689 25611 25611 25611 52607 52736 -129 -129 -129 255229 283777 169480 85749 85749 8795 0 8795 8795 REIMBURSEMENTS & FEES 900099 99958 99958 99958 7630920 2629660 0 220373 339305 339305 311374 253713 57661 2370939 2198866 150234 21839 234421 199580 34841 209271 148556 57087 3628 67652 67652 29650 29650 293000 293000 407992 228112 11853 168027 3307 3307 128913 32472 73274 23167 11782 11782 196265 196265 1948 1598 350 2005 2005 2795 2795 144717 144717 52191 52191 REPAIR AND MAINTENANCE 147897 147897 COLLEGE VISIT AND CAMPU 125367 125367 TRANSPORTATION AND FEES 51914 51914 STUDENT TESTING AND TES 28697 28697 45789 11162 14000 20627 5207191 3918481 698756 589954 120943 205546 330874 535866 617496 2349036 162675 264198 13767 112 1234877 499364 601028 735513 5477 110397 1852260 4200668 1070414 702847 221669 372158 111131 60615 1403214 1135620 X -214971 930303 664017 2134745 449046 3065048 1852260 4200668 X 2423729 -46572 238845 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 427124 37973 389151 807753 461391 346362 735513 STRAIGHT LINE RENT ADJUSTMENT 60615 60615 X 7697057 -46572 795577 749005 6948052 682868 682868 7630920 5081055 173169 173169 4907886 299305 299305 5207191 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAS 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 PERIODS PRIOR TO 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RECLASSED TO PART VIII LINE 8B 169,480. WRITE OFF OF ACCOUNTS PAYABLE 622,408. RENTAL EXPENSES RECLASSED TO PART VIII LINE 6B 3,689. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE, NETTED AGAINST REVENUE 299,305. LOSS ON UNCOLLECTIBLE PLEDGES 383,563. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RECLASSED TO PART VIII LINE 8B 169,480. RENTAL EXPENSES RECLASSED TO PART VIII LINE 6B 3,689. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE, NETTED AGAINST REVENUE 299,305. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN CRISTO REY BROOKLYN HIGH SCHOOL'S PROMOTIONAL AND EMPLOYEE MATERIALS AND OTHER PRINTED MEDIA RELATIONS TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES AS WELL AS POSTING THE NONDISCRIMINATORY POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 STUDENTS ATTENDED ARE ELIGIBLE TO APPLY FOR FREE AND REDUCED LUNCH. THE SCHOOL RECORDED REVENUE RELATED TO THE EMPLOYEE RETENTION TAX CREDIT WHICH WAS ESTABLISHED AS PART OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (THE "CARES" ACT). X X X X 1 COMMUNITY COUNSELLING SERVICE CO LLC 527 MADISON AVENUE - 5TH FLOOR NEW YORK NY 10022 PART-TIME CAMPAIGN MGMT AND INTERIM ADVANCEMENT OFFICE MGMT 0 2368668 293000 2075668 2368668 293000 2075668 NY GOLF OUTINGS 252638 175236 77402 4021 45460 17891 GALA 286368 108541 177827 22808 64730 9980 4590 539006 283777 255229 26829 110190 9980 22481 169480 85749 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS ARE FOR SERVICES TO THE ORGANIZATION. 1 TUITION ASSISTANCE 275 299305 COLLEGE SCHOLARSHIPS 5 40000 PART I, LINE 2: ALL APPLICANTS ARE REQUIRED TO PROVIDE THEIR PARENTS' W-2 AND TAX RETURN. THIS INFORMATION IS THEN INPUT INTO THE FINANCIAL AID CALCULATION PROVIDED BY THE THIRD PARTY VENDOR FACTS AND THEN SUBMITTED TO FACTS FOR ASSESSMENT AND CALCULATION OF FUNDS AVAILABLE FOR TUITION. THE AMOUNT OF TUITION ASSISTANCE, IF ANY, PROVIDED TO THE STUDENT IS DETERMINED BASED ON THE PROJECTED AVAILABLE NET INCOME OF THE PARENTS. THE STUDENT IS THEREBY CHARGED THE REDUCED TUITION, THE MAXIMUM AMOUNT OF WHICH IS ALREADY SIGNIFICANTLY DISCOUNTED RELATIVE TO THE ACTUAL COST OF EDUCATION. COLLEGE SCHOLARSHIPS - FUNDS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION ON BEHALF OF THE STUDENTS. SELECTED STUDENTS NEED TO PROVIDE LOGIN TO THEIR BURSAR FOR FUNDS TO BE DISTRIBUTED APPROPRIATELY. X 7 196380 AVG. SELLING PRICE X IPADS AND CASES 1 46818 COST 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN B. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS JOAN MURPHY AND IAN RUDDLE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B CRISTO REY BROOKLYN HIGH SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS CREATED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE PRESIDENT, DIRECTOR OF OPERATIONS, FINANCE MANAGER, AND THE FINANCE COMMITTEE ON THE BOARD AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS DISTRIBUTED ELECTRONICALLY TO THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. ANY COMMENTS MADE BY THE GOVERNING BODY ARE PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD AND THE PRESIDENT. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, OR KEY EMPLOYEE WHO HAS AN INTEREST IN A RELATED PARTY TRANSACTION SHALL DISCLOSE IN GOOD FAITH TO THE BOARD, OR AN AUTHORIZED COMMITTEE THEREOF, THE MATERIAL FACTS CONCERNING SUCH INTEREST. ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST SHALL BE DISCLOSED FULLY AND IN A TIMELY WAY TO THE BOARD OF DIRECTORS THROUGH THE ANNUAL DISCLOSURE FORM AND WHENEVER A CONFLICT ARISES. THOSE INVOLVED ARE EXPECTED TO DISCLOSE ALL MATERIAL FACTS OF ANY MATTERS THAT MAY INVOLVE CONFLICTS OF INTEREST OR TRANSACTIONS PERCEIVED BY OTHERS TO RAISE QUESTIONS ABOUT POTENTIAL CONFLICTS BEFORE ANY ACTION IS TAKEN ON THE MATTER EVEN IF THE RELATED PARTY DOES NOT BELIEVE THAT AN ACTUAL CONFLICT EXISTS. NO RELATED PARTY MAY PARTICIPATE IN DELIBERATIONS OR VOTING RELATING TO MATTERS SET FORTH IN THIS POLICY. HOWEVER, NOTHING IN THIS POLICY PROHIBITS THE BOARD OR AUTHORIZED COMMITTEE FROM REQUESTING THAT A RELATED PARTY PRESENT INFORMATION CONCERNING THE POTENTIAL CONFLICT OF INTEREST OR RELATED PARTY TRANSACTION AT A BOARD OR COMMITTEE MEETING PRIOR TO THE COMMENCEMENT OF DELIBERATIONS OR VOTING RELATING THERETO. ANY ATTEMPT BY THE PERSON WITH THE CONFLICT TO INFLUENCE IMPROPERLY THE DELIBERATION OR VOTING ON THE MATTER GIVING RISE TO SUCH CONFLICT IS PROHIBITED. THE DISINTERESTED MEMBERS OF THE BOARD SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). THE EXISTENCE AND RESOLUTION OF THE CONFLICT SHALL BE DOCUMENTED IN THE CORPORATION'S RECORDS, INCLUDING IN THE MINUTES OF ANY MEETING AT WHICH THE CONFLICT WAS DISCUSSED OR VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15A EXCEPT FOR THE PRESIDENT, THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS AT CRISTO REY BROOKLYN HIGH SCHOOL IS PROPOSED BY THE PRESIDENT AS PART OF THE ANNUAL BUDGET PROCESS AND IS REVIEWED AND APPROVED INITIALLY BY THE BOARD'S FINANCE COMMITTEE AND ULTIMATELY BY THE BOARD OF DIRECTORS OF THE SCHOOL REVIEWING GUIDELINES, PERFORMANCE, CURRENT COMPENSATION, AVAILABLE RESOURCES AND COMPARABLE DATA FROM SIMILAR SCHOOLS. THE BOARD AT A MINIMUM ANNUALLY AND INDEPENDENTLY DECIDES THE ANNUAL COMPENSATION OF THE SCHOOL'S PRESIDENT. THE BOARD CONSIDERS THE COMPENSATION OF SIMILAR EMPLOYEES AT OTHER CRISTO REY NETWORK SCHOOLS BASED ON THE ANNUAL DATA REPORTS THAT THE NETWORK RELEASES AS WELL AS LOCAL MARKET COMPARABLES. THIS PROCESS WAS RECORDED IN THE MINUTES OF THE BOARD OF DIRECTORS MEETING IN FY 2022 AND HAS BEEN FOLLOWED SINCE THEN. FORM 990, PART VI, SECTION C, LINE 19 CRISTO REY BROOKLYN HIGH SCHOOL MAKES ITS FORM 990, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST AT 710 EAST 37TH STREET, BROOKLYN, NY 11203 OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)-455-3555. FORM 990, PART XI, LINE 9: WRITE OFF OF ACCOUNTS PAYABLE 622,408. LOSS ON UNCOLLECTIBLE PLEDGES -383,563. FORM 990, PART XII, 2C THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.