PROSPECT SCHOOLS INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: PROSPECT SCHOOLS INC (EIN 33-1174065)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-05-15
IRS object ID: 202331359349318648
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-15T20:19:17-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	271728945	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PKF O'CONNOR DAVIES ADVISORY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	245 PARK AVENUE 12TH FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10167	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	331174065	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PROSPECT SCHOOLS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PROS	BusinessNameControlTxt
Phone	7186431086	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	397 BRIDGE STREET 9TH FLOOR	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11201	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HILLARY PRINCE	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	7186431086	PhoneNum
Signature	2023-05-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	HILLARY	PersonFirstNm
Person Last	PRINCE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GARRETT M HIGGINS	PreparerPersonNm
PTIN	P00543209	PTIN
Phone	2122862600	PhoneNum
Preparation	2023-05-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	HILLARY PRINCE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	397 BRIDGE STREET 9TH FLOOR	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11201	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$6,592,491	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2007	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO BROOKLYN PROSPECT CHARTER SCHOOL AND TO RAISE FUNDS IN SUPPORT OF THE SCHOOL.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	65	TotalEmployeeCnt
Total Volunteers	13	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,677,522	PYContributionsGrantsAmt
CY Contributions Grants	$354,229	CYContributionsGrantsAmt
PY Program Service Revenue	$4,495,198	PYProgramServiceRevenueAmt
CY Program Service Revenue	$6,225,672	CYProgramServiceRevenueAmt
PY Investment Income	$1,681	PYInvestmentIncomeAmt
CY Investment Income	$784	CYInvestmentIncomeAmt
PY Other Revenue	$39,517	PYOtherRevenueAmt
CY Other Revenue	$7,336	CYOtherRevenueAmt
PY Total Revenue	$6,213,918	PYTotalRevenueAmt
CY Total Revenue	$6,588,021	CYTotalRevenueAmt
PY Grants And Similar Paid	$531,267	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$384,928	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$4,625,947	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$5,256,624	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$277,123	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,182,778	PYOtherExpensesAmt
CY Other Expenses	$1,704,647	CYOtherExpensesAmt
PY Total Expenses	$6,339,992	PYTotalExpensesAmt
CY Total Expenses	$7,346,199	CYTotalExpensesAmt
PY Revenues Less Expenses	-$126,074	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$758,178	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,261,917	TotalAssetsBOYAmt
Total Assets EOY	$2,420,982	TotalAssetsEOYAmt
Total Liabilities BOY	$368,172	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$285,415	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,893,745	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,135,567	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO THE BROOKLYN PROSPECT CHARTER SCHOOL AND OTHER POTENTIAL SCHOOLS IN ITS NETWORK AND TO RAISE FUNDS IN SUPPORT OF NEW YORK CHARTER SCHOOLS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$6,034,041	ExpenseAmt
Grant	$384,928	GrantAmt
Revenue	$6,225,672	RevenueAmt
Desc	PROSPECT SCHOOLS, INC. WAS FORMED ON JUNE 4, 2007 UNDER THE LAWS OF NEW YORK. THE ORGANIZATION PROVIDES COMPREHENSIVE MANAGEMENT SERVICES AND RAISES FUNDS TO SUPPORT BROOKLYN PROSPECT CHARTER SCHOOL, AN EDUCATIONAL CORPORATION THAT OPERATES THREE CHARTER SCHOOLS IN THE BOROUGH OF BROOKLYN, NY.	Desc
Total Program Service Expenses	$6,034,041	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	23	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	65	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HILLARY PRINCE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7186431086	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	397 BRIDGE STREET 9TH FLOOR	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11201	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
KATE WALKER
BOARD CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
KEVIN MOLE
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
ELIZABETH VARLEY CAMP
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
STEPHEN BAILEY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JENNIFER BENN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
PENNY MARZULLI
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ELAINE PEREZ CHIEF OPERATING
OFFICER (THRU OCT 2021)	50.00		Yes (X)	$193,491	$0	$20,393
JONATHAN MCINTOSH
CHIEF ACADEMIC OFFICER	50.00		Yes (X)	$179,857	$0	$43,159
TRESHA WARD
CHIEF EXECUTIVE OFFICER	50.00		Yes (X)	$188,337	$0	$8,939
HILLARY PRINCE
CHIEF FINANCIAL OFFICER	50.00		Yes (X)	$182,898	$0	$13,581
CAROLYN MICHAEL
DIRECTOR OF TEACHING & LEARNING	50.00			$105,821	$0	$34,095	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$850,404	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$120,167	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	5	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
UNDERDOG STRATEGIES
12 SAMOSET ROAD	DUBURY	MA	02332	BUSINESS CONSULTING	$145,632
MATTHEW LEVY
401 EAST 65TH STREET	NEW YORK	NY	10065	BUSINESS CONSULTING	$122,000

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Fundraising	$51,407	FundraisingAmt
All Other Contributions	$302,822	AllOtherContributionsAmt
Total Contributions	$354,229	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	MANAGEMENT FEES	Desc
Business	541610	BusinessCd
Total Revenue Column	$6,225,672	TotalRevenueColumnAmt
Related Or Exempt Func Income	$6,225,672	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$6,225,672	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$784	TotalRevenueColumnAmt
Exclusion	$784	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$51,407	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$4,470	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$4,470	TotalRevenueColumnAmt
Exclusion	-$4,470	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
OTHER INCOME	900099	$11,796	$11,796
REFUND	900099	$10	$10

Field	Value	IRS element (for citing)
Other Revenue Total	$11,806	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,588,021	TotalRevenueColumnAmt
Related Or Exempt Func Income	$6,225,672	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$8,120	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$384,928	TotalAmt
Program Services	$384,928	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$915,906	TotalAmt
Program Services	$549,543	ProgramServicesAmt
Management And General	$274,772	ManagementAndGeneralAmt
Fundraising	$91,591	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$3,430,877	TotalAmt
Program Services	$2,823,220	ProgramServicesAmt
Management And General	$505,172	ManagementAndGeneralAmt
Fundraising	$102,485	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$111,351	TotalAmt
Program Services	$91,439	ProgramServicesAmt
Management And General	$16,526	ManagementAndGeneralAmt
Fundraising	$3,386	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$468,333	TotalAmt
Program Services	$369,823	ProgramServicesAmt
Management And General	$79,624	ManagementAndGeneralAmt
Fundraising	$18,886	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$330,157	TotalAmt
Program Services	$256,944	ProgramServicesAmt
Management And General	$58,714	ManagementAndGeneralAmt
Fundraising	$14,499	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$12,042	TotalAmt
Program Services	$11,440	ProgramServicesAmt
Management And General	$602	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$19,000	TotalAmt
Management And General	$19,000	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$648,102	TotalAmt
Program Services	$614,470	ProgramServicesAmt
Management And General	$31,307	ManagementAndGeneralAmt
Fundraising	$2,325	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$161,149	TotalAmt
Program Services	$161,149	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$120,176	TotalAmt
Program Services	$101,346	ProgramServicesAmt
Management And General	$8,873	ManagementAndGeneralAmt
Fundraising	$9,957	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$98,679	TotalAmt
Program Services	$91,865	ProgramServicesAmt
Management And General	$3,712	ManagementAndGeneralAmt
Fundraising	$3,102	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$214,482	TotalAmt
Program Services	$193,034	ProgramServicesAmt
Management And General	$10,724	ManagementAndGeneralAmt
Fundraising	$10,724	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,974	TotalAmt
Program Services	$4,476	ProgramServicesAmt
Management And General	$249	ManagementAndGeneralAmt
Fundraising	$249	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$791	TotalAmt
Management And General	$791	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$555	TotalAmt
Program Services	$499	ProgramServicesAmt
Management And General	$28	ManagementAndGeneralAmt
Fundraising	$28	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$7,218	TotalAmt
Program Services	$6,496	ProgramServicesAmt
Management And General	$361	ManagementAndGeneralAmt
Fundraising	$361	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$5,050	TotalAmt
Management And General	$5,050	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
STAFF MEALS AND EVENTS	$242,988	$218,690	$12,149	$12,149
PROFESSIONAL DEVELOP.	$147,616	$132,854	$7,381	$7,381
CLASSROOM SUPPLIES	$21,825	$21,825

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,346,199	TotalAmt
Program Services	$6,034,041	ProgramServicesAmt
Management And General	$1,035,035	ManagementAndGeneralAmt
Fundraising	$277,123	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$260,509	BOYAmt
EOY	$72,463	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$2,893,154	BOYAmt
EOY	$1,997,974	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,500	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,455	BOYAmt
EOY	$27,543	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$86,262	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$17,952	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$34,146	BOYAmt
EOY	$68,310	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$62,153	BOYAmt
EOY	$254,692	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,261,917	BOYAmt
EOY	$2,420,982	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$54,867	BOYAmt
EOY	$134,192	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$244,000	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$69,305	BOYAmt
EOY	$151,223	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$368,172	BOYAmt
EOY	$285,415	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,657,828	BOYAmt
EOY	$2,087,292	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$235,917	BOYAmt
EOY	$48,275	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,893,745	BOYAmt
EOY	$2,135,567	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,261,917	BOYAmt
EOY	$2,420,982	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$758,178	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,288,473	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,394,963	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,128,718	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,677,522	CurrentTaxYearMinus1YearAmt
Current Tax Year	$354,229	CurrentTaxYearAmt
Total	$7,843,905	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$3,418,397	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,890,931	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,495,198	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,225,672	CurrentTaxYearAmt
Total	$18,030,198	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,288,473	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,813,360	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,019,649	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,172,720	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,579,901	CurrentTaxYearAmt
Total	$25,874,103	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,035,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$902,356	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,720,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$833,970	CurrentTaxYearMinus1YearAmt
Current Tax Year	$152,674	CurrentTaxYearAmt
Total	$5,644,000	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,035,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$902,356	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,720,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$833,970	CurrentTaxYearMinus1YearAmt
Current Tax Year	$152,674	CurrentTaxYearAmt
Total	$5,644,000	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$20,230,103	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$917	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,319	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,284	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,681	CurrentTaxYearMinus1YearAmt
Current Tax Year	$784	CurrentTaxYearAmt
Total	$5,985	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$917	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,319	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,284	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,681	CurrentTaxYearMinus1YearAmt
Current Tax Year	$784	CurrentTaxYearAmt
Total	$5,985	TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$77,075	CurrentTaxYearMinus4YearsAmt
Total	$77,075	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,250	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years	$18,960	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$40,432	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,806	CurrentTaxYearAmt
Total	$76,448	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,371,715	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,814,679	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,039,893	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,214,833	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,592,491	CurrentTaxYearAmt
Total	$26,033,611	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.77710	PublicSupportCY509Pct
Public Support PY509	0.67890	PublicSupportPY509Pct
Investment Income CY	0.00020	InvestmentIncomeCYPct
Investment Income PY	0.00030	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	OTHER INCOME - 2017 AMOUNT: $ 5,250. 2019 AMOUNT: $ 1,350. 2020 AMOUNT: $ 11,790. 2021 AMOUNT: $ 11,796. REFUNDS - 2019 AMOUNT: $ 17,610. 2020 AMOUNT: $ 28,642. 2021 AMOUNT: $ 10.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,338	OtherCostOrOtherBasisAmt
Depreciation	$6,255	DepreciationAmt
Book Value	$12,083	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$67,924	OtherCostOrOtherBasisAmt
Depreciation	$11,697	DepreciationAmt
Book Value	$56,227	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$68,310	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	SECURITY DEPOSIT	Desc
Book Value	$254,692	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$254,692	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
PAYCHECK PROTECTION PROGRAM LOAN	$53,135
DUE TO AFFILIATES	$98,088

Field	Value	IRS element (for citing)
Total Liability	$151,223	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$6,592,491	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$4,470	OtherRevenueAmt
Revenue Not Reported	$4,470	RevenueNotReportedAmt
Revenue Subtotal	$6,588,021	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$6,588,021	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$7,350,669	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$4,470	OtherExpensesIncludedAmt
Expenses Not Reported	$4,470	ExpensesNotReportedAmt
Expenses Subtotal	$7,346,199	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$7,346,199	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	PROSPECT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT PROSPECT HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PROSPECT IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2019.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	FUNRAISING EXPENSES REPORTING ON PART VIII 4,470.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	FUNRAISING EXPENSES REPORTING ON PART VIII 4,470.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	VIRTUAL BENEFIT	Event1Nm
Gross Receipts Event1	$51,407	GrossReceiptsEvent1Amt
Charitable Contri Event1	$51,407	CharitableContriEvent1Amt
Other Direct Expenses Event1	$4,470	OtherDirectExpensesEvent1Amt
Gross Receipts Total	$51,407	GrossReceiptsTotalAmt
Charitable Contributions Tot	$51,407	CharitableContributionsTotAmt
Oth Direct Expnss Total Events	$4,470	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$4,470	DirectExpenseSummaryEventsAmt
Net Income Summary	-$4,470	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BROOKLYN PROSPECT CHARTER SCHOOL	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	355 BRIDGE STREET	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11201	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	263206518	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$384,928	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	GENERAL SUPPORT OF SCHOOL OPERATIONS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION WAS ESTABLISHED TO RAISE FUNDS IN SUPPORT OF THE OPERATIONS OF BROOKLYN PROSPECT CHARTER SCHOOL. EACH YEAR, THE MONEY RAISED AS PART OF THE ORGANIZATION'S ANNUAL FUND IS DONATED TO BROOKLYN PROSPECT CHARTER SCHOOL TO BE SPENT ON GENERAL OPERATING EXPENSES OF THE SCHOOL. THE USE OF THE FUNDS IS MONITORED THROUGH THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JONATHAN MCINTOSH
CHIEF ACADEMIC OFFICER	$179,857	$0	$0	$0	$0	$0	$3,465	$0	$39,694	$0	$223,016	$0	$0	$0
ELAINE PEREZ CHIEF OPERATING
OFFICER (THRU OCT 2021)	$133,541	$0	$0	$0	$59,950	$0	$2,756	$0	$17,637	$0	$213,884	$0	$0	$0
TRESHA WARD
CHIEF EXECUTIVE OFFICER	$173,337	$0	$15,000	$0	$0	$0	$6,800	$0	$2,139	$0	$197,276	$0	$0	$0
HILLARY PRINCE
CHIEF FINANCIAL OFFICER	$182,898	$0	$0	$0	$0	$0	$4,592	$0	$8,989	$0	$196,479	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 4A	FormAndLineReferenceDesc
Explanation	ELAINE PEREZ, CHIEF OPERATING OFFICER, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $59,950 IN 2021. THE AMOUNT IS INCLUDED IN PART II, COLUMN (B)(III).	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES FOR APPROVAL PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO TRUSTEES, OFFICERS, AND KEY PERSONS. UPON ELECTION OR APPOINTMENT, AND ON AN ANNUAL BASIS THEREAFTER, COVERED PERSONS MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AND MUST SIGN A STATEMENT, WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. THE WRITTEN DISCLOSURE STATEMENTS ARE SUBMITTED TO AND REVIEWED BY THE CHAIRPERSON OF THE BOARD. IF A POTENTIAL CONFLICT ARISES BETWEEN ANNUAL UPDATES, THE PERSON INVOLVED HAS A DUTY TO PROMPTLY DISCLOSE ALL MATERIAL FACTS PERTAINING TO A POTENTIAL CONFLICT OF INTEREST. DETERMINATIONS REGARDING CONFLICT MATTERS ARE TO BE MADE BY THE BOARD OF TRUSTEES BY MAJORITY VOTE. AT THE TIME OF ANY DELIBERATION CONCERNING CONFLICTS OF INTEREST THE PERSON INVOLVED MUST NOT BE PRESENT, UNLESS ASKED TO PROVIDE ADDITIONAL INFORMATION, AND SUCH PERSON MAY NOT VOTE ON THE MATTER. THE EXISTENCE AND RESOLUTION OF ANY REPORTED CONFLICTS OF INTEREST ARE DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION OF THE CHIEF EXECUTIVE OFFICER AND OTHER OFFICERS OF THE ORGANIZATION WAS BASED ON REVIEW OF COMPARABILITY DATA PROVIDED BY THE DEPARTMENT OF EDUCATION, INCLUDING SALARY SURVEYS. THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES REVIEWED, DETERMINED AND LAST APPROVED COMPENSATION IN 2022. THE DISCUSSIONS AND DELIBERATIONS WERE DOCUMENTED IN THE COMMITTEE MINUTES.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT 397 BRIDGE STREET, 9TH FLOOR BROOKLYN, NY 11201, OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 643-1086. IN ADDITION, THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.