2023-05-15T15:12:45-05:00 2022-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2021-09-30 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 2023-05-11 1 DAN KLORES 999009999 MICHELLE CAIN P00150750 5854231860 2023-05-11 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X DAN KLORES 52 E 80TH STREET NEW YORK NY 10075 11940234 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 0 9614 0 10638049 0 0 0 0 33190 218330 218330 10419719 10714144 294425 10419719 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 161535 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. 161535 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 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 1.00 X X 0 0 0 JACK IRUSHALMI TREASURER 1.00 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 0 10628435 46028 10628435 11045 11045 1256157 1256157 0 44597 46028 -1431 -1431 -1431 10638049 0 0 9614 X 7919 7919 15000 15000 194725 161535 33190 SUPPLIES AND MATERIALS 499 499 OTHER 187 187 218330 161535 23605 33190 185195 10063142 128632 78588 27000 0 0 27000 0 231587 0 10714144 60000 78588 0 155837 0 294425 X 10342087 77632 0 10419719 0 10714144 10419719 0 X X 0 1 X 1 0 X 10628435 10628435 10628435 10628435 9787431 841004 10628435 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 27000 27000 27000 ACCRUED EXPENSES 24250 DEFERRED LEASE LIABILITY 131587 155837 X 11894206 1256157 1256157 10638049 0 10638049 1474487 1256157 1256157 218330 0 218330 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 YEAR ENDED JUNE 30, 2022 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 1,256,157. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,256,157. X 200 46028 FMV 0 0 0 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 161,535. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 33,190. TOTAL EXPENSES 194,725. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE MEETS ANNUALLY TO REVIEW THEIR PROCESS FOR SELECTING AN INDEPENDENT AUDITOR TO ASSIST WITH THE PRESENTATION OF THE ORGANIZATION'S FINANCIAL INFORMATION. IN ADDITION, THEIR OVERSIGHT PROCESS HELPS MAINTAIN INTERNAL CONTROLS TO PREVENT FINANCIAL MISSTATEMENT, INSURING THAT THE FINANCIAL STATEMENTS ARE FREE FROM MATERIAL ERRORS, AND PRESENT A CLEAR AND APPROPRIATE COMMUNICATION OF THE ORGANIZATION'S FINANCIAL POSITION AND ACTIVITIES FOR THE YEAR. EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL INC 1617 PARKVIEW AVE BRONX NY 10461 833394623 CHARTER SCHOOL NY 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL INC J 1256157 CASH