2023-07-14T11:29:02-05:00 2021-08-31 390859910 BAKER TILLY US LLP ONE PENN PLAZA SUITE 3000 NEW YORK NY 10119 990 2020-09-01 270753913 BLUE SCHOOL BLUE 2122286341 241 WATER STREET NEW YORK NY 10038 MIKE JACKSON CFO 2122286341 2023-07-13 1 MIKE JACKSON XXX-XX-XXXX PATRICK YU CPA P00675982 2126976900 3 AAL1 IAL1 2020 2023-04-26 12:10:37Z NOAH REINHARDT 241 WATER STREET NEW YORK NY 10038 16729351 0 X WWW.BLUESCHOOL.ORG X 2008 NY BLUE SCHOOL'S MISSION IS TO DEVELOP AND SHARE AN INQUIRY-BASED APPROACH TO EDUCATION THAT FOSTERS CREATIVITY, PROMOTES ACADEMIC EXCELLENCE, NURTURES HUMAN RELATIONSHIPS AND INSPIRES A LIFELONG PASSION FOR LEARNING. 14 14 127 100 0 0 4036611 3612726 13349515 11578632 9926 1917 663882 1526826 18059934 16720101 4418823 4456114 0 0 9647722 8558128 0 0 788378 11971136 16238737 26037681 29252979 -7977747 -12532878 97038025 46744261 131654352 93824376 -34616327 -47080115 X BLUE SCHOOL'S MISSION IS TO DEVELOP AND SHARE AN INQUIRY-BASED APPROACH TO EDUCATION THAT FOSTERS CREATIVITY, PROMOTES ACADEMIC EXCELLENCE, NURTURES HUMAN RELATIONSHIPS AND INSPIRES A LIFELONG PASSION FOR LEARNING. 0 0 17830126 4456114 11578632 BLUE SCHOOL OFFERS A DYNAMICALLY BALANCED EDUCATION TO OVER 200 STUDENTS FOCUSING ON ACADEMIC MASTERY, SELF & SOCIAL INTELLIGENCE, AND CREATIVE THINKING. IN ORDER FOR DEEP ACADEMIC WORK TO TAKE PLACE, A CHILD MUST BE KNOWN AND SEEN AND MUST BE GIVEN ROOM TO BRING THEIR FULL SELF, THEIR MYRIAD QUESTIONS AND THEIR BOLD IDEAS INTO THE CLASSROOM.BLUE SCHOOL STUDENTS ARE GIVEN THE SKILLS TO BE PROBLEM SOLVERS AND ARE ENCOURAGED TO EXAMINE EVERY FACET OF A CHALLENGE. STUDENTS ENTER THE SCHOOL BUILDING KNOWING THAT THEIR IDENTITIES WILL BE EMBRACED. CLASSROOMS ARE BUILT FOR COMMUNITY BUILDING, MUTUAL RESPECT, UNDERSTANDING OF SELF AND OTHERS. EVERY DAY, CHILDREN MUST HAVE OPPORTUNITIES TO BUILD, INVENT, PROBLEM SOLVE AND DREAM WHILE TEACHERS MEET THEM WITH CURIOSITY AND UNDERSTANDING.YOUNG CHILDREN SEEK TO UNDERSTAND, CREATE AND CONNECT WITH OTHERS AND WITH THE WORLD AROUND THEM. FOR THE PRE-PRIMARY PROGRAM, WE ENCOURAGE THIS INNATE MOTIVATION TO EXPLORE AND LEARN BY LISTENING AND RESPONDING TO CHILDREN'S QUESTIONS AND IDEAS, OFFERING DYNAMIC ENVIRONMENTS AND INVITING MATERIALS THAT ALLOW CHILDREN TO ENGAGE ALL OF THEIR SENSES, AND CREATING OPPORTUNITIES FOR COLLABORATION, DISCUSSION AND MEANINGFUL RELATIONSHIPS. PRIMARY CHILDREN-GRADES KINDERGARTEN THROUGH 5TH GRADE-ENTER A STAGE OF DEVELOPMENTAL INTEGRATION IN WHICH THEY ARE ORGANIZING AND COMBINING VARIOUS SKILLS TO ACCOMPLISH INCREASINGLY COMPLEX TASKS AND TO UNDERSTAND CONCEPTS. CHILDREN DEVELOP MORE FULLY INTO UNIQUE AND CURIOUS INDIVIDUALS WHO COMPREHEND AND FORMULATE QUESTIONS AND IDEAS ABOUT THEIR IMMEDIATE WORLD. THEY LEARN TO THINK LOGICALLY, ANTICIPATE OUTCOMES, CLASSIFY OBJECTS AND SOLVE PROBLEMS. CHILDREN ARE GUIDED AND CHALLENGED TO REFLECT ON THEIR LEARNING PROCESS, RECEIVE INDIVIDUAL FEEDBACK, AND VIGOROUSLY REVISE WORK. THE WORK CARRIED OUT IN THIS PROCESS MIRRORS THE AUTHENTIC AND COLLABORATIVE WORK OF THE REAL WORLD.ADOLESCENTS HAVE ENORMOUS POTENTIAL FOR COURAGEOUS AND CREATIVE WORK. IN THE MIDDLE SCHOOL YEARS, THE HUMAN BRAIN CHANGES AT A RATE MATCHED ONLY BY THE FIRST THREE YEARS OF LIFE, AND CHILDREN'S CAPACITIES ARE NATURALLY STRENGTHENED. BLUE SCHOOL'S MIDDLE SCHOOL PROGRAM IS DESIGNED TO HARNESS THE POTENTIAL OF ADOLESCENTS TO ACT ON THEIR IDEAS, PURSUE HIGH LEVELS OF SCHOLARSHIP, AND BECOME MORE FULLY REALIZED AS PEOPLE AND LEARNERS. 17830126 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 1 0 0 0 1 28 0 127 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DOMENICA RUGGIERI - ASSOCIATE CONTROLLER 2122286341 241 WATER STREET NEW YORK NY 10038 RENEE ROLLERI CHAIR, CO-FOUNDER 30.00 0.00 X X 0 0 0 MATTHEW R GOLDMAN VICE CHAIR, CO-FOUNDER 30.00 0.00 X X 0 0 0 ERIC HUANG SECRETARY 5.00 0.00 X X 0 0 0 STEPHEN R WILSON TREASURER 5.00 0.00 X X 0 0 0 JENNIFER LAMBERTS STANTON TRUSTEE, CO-FOUNDER 2.00 0.00 X 0 0 0 BELGIES ANAN TRUSTEE 2.00 0.00 X 0 0 0 LORA APPLETON TRUSTEE 2.00 0.00 X 0 0 0 JULIAN BARROWCLIFFE TRUSTEE 2.00 0.00 X 0 0 0 DAVID BEAL TRUSTEE 2.00 0.00 X 0 0 0 ROBERT CUDNEY TRUSTEE 2.00 0.00 X 0 0 0 REBECCA LISICA TRUSTEE 2.00 0.00 X 0 0 0 HOZEFA LOKHANDWALA TRUSTEE UNTIL 03/2021 2.00 0.00 X 0 0 0 PETER MASTERSON TRUSTEE 2.00 0.00 X 0 0 0 KATE QUARFORDT TRUSTEE 2.00 0.00 X 0 0 0 LILAH FISHER WISE TRUSTEE UNTIL 03/2021 2.00 0.00 X 0 0 0 ILARIA WOODWARD TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL JACKSON CFO 40.00 0.00 X 228565 0 9951 REBECCA SKINNER HEAD OF SCHOOL 40.00 0.00 X 139473 0 9951 LAUREN KARDOS DIRECTOR - MIDDLE SCHOOL DIVISION 40.00 0.00 X 186765 0 14931 LAURA CAMIEN DIRECTOR - ADVANCEMENT 40.00 0.00 X 168212 0 14522 DAWN WILLAIMS DIRECTOR - ADMISSIONS 40.00 0.00 X 147179 0 8783 ASHLEY FAYE HUGHES DIRECTOR - OPERATIONS 40.00 0.00 X 137175 0 13815 LAURA SEDLOCK DIRECTOR - PRE-PRIMARY 40.00 0.00 X 114339 0 13329 VIRGINIA FARRAR HEAD OF SCHOOL UNTIL 08/31/2020 40.00 0.00 X 238199 0 15067 PATRICIA A LYNCH DIRECTOR - PRIMARY TO 6/30/20 40.00 0.00 X 160927 0 13291 1520834 0 113640 11 1 1 0 VENABLE LLP 1270 6TH AVENUE NEW YORK NY 10020 SCHOOL ATTORNEY 100719 1 2018200 1594526 15568 3612726 TUITION & FEES 611600 11578632 11578632 11578632 50 50 489512 9250 480262 480262 480262 1867 0 1867 1867 1867 DEBT FORGIVENESS 900099 1000000 1000000 FAMILY ASSOCIATION FEES 900099 35980 35980 REFUNDS OF PAYMENTS 900099 7014 7014 3570 3570 1046564 16720101 11578632 0 1528743 4456114 4456114 583876 241320 308082 34474 37080 25956 7416 3708 6459326 5132678 1038481 288167 944287 729338 171511 43438 533559 407541 101431 24587 2858 90 2768 428435 428435 17829 17829 914546 428350 465535 20661 353944 353944 465165 195663 250664 18838 120260 75548 39158 5554 2210747 1695662 412784 102301 19636 13470 5193 973 29615 23263 3529 2823 3595682 2746439 683547 165696 813351 621250 154620 37481 232037 177233 44111 10693 BOND & TUITION SETTLEME 6408131 6408131 FACILITY 476586 363993 90630 21963 CLASSROOM SUPPLIES 123282 123282 PROFESSIONAL DEVELOPMEN 15058 11332 3298 428 11575 7750 3825 29252979 17830126 10634475 788378 4733000 1273544 37028 0 2779018 2609910 20436 63358 23463520 4987305 67560460 18476215 21908083 24321234 97038025 46744261 1947872 2258055 7237237 6630135 51395126 0 4002101 11722800 23318415 59351317 57615670 131654352 93824376 X -34763851 -47486915 147524 406800 -34616327 -47080115 97038025 46744261 X -12532878 69090 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6908610 1831632 5076978 15256665 2092449 13164216 874671 812040 62631 423574 251184 172390 18476215 DUE FROM RELATED ORGANIZATIONS 24226835 SECURITY DEPOSITS & OTHER ASSETS 77784 ESCROW ACCOUNT 16615 24321234 CAPITAL LEASE PAYABLE 8308721 DUE TO RELATED ORGANIZATIONS 45230418 DEFERRED RENT PAYABLE 1382043 DEFERRED GAIN ON SALE 2694488 57615670 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE BLUE SCHOOL IS A MEMBER OF THE INDEPENDENT SCHOOLS ADMISSIONS ASSOCIATION OF GREATER NEW YORK (ISAAGNY), WHICH PUBLISHES THE FOLLOWING STATEMENT ON ITS WEBSITE: "ISAAGNY MEMBER SCHOOLS ADMIT STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. THEY DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS." 1 FINANCIAL AID 140 4456114 PART I, LINE 2: BLUE SCHOOL HAS A TUITION ASSISTANCE COMMITTEE CONSISTING OF THE HEAD OF SCHOOL, DIRECTOR OF ADMISSIONS AND THE CHIEF FINANCIAL OFFICER, WHICH IS RESPONSIBLE FOR DETERMINING THE APPROPRIATE LEVEL OF AWARDS TO OFFER TO THOSE FAMILIES WHO APPLY FOR FINANCIAL AID TO OFFSET THEIR TUITION PAYMENTS. RETURNING FAMILY TA REQUESTS ARE PROCESSED IN JANUARY AND NEW FAMILY TA REQUESTS IN FEBRUARY. THE COMMITTEE TRACKS THE OVERALL DISCOUNT RATE (I.E. THE PERCENTAGE OF GROSS TUITION BEING AWARDED) AND CONSIDERS THE SCHOOL'S OVERALL NET REVENUE REQUIREMENTS WHEN MAKING ITS DETERMINATIONS. FAMILIES APPLYING FOR AID PROVIDE THE NECESSARY ONLINE INFORMATION ABOUT THEIR FINANCIAL CAPACITY INCLUDING TAX FORMS AS WELL AS A SCHOOL-CREATED APPLICATION, VIA SSS BY NAIS. THE CFO REVIEWS EACH APPLICANT FILE AND FORMULATES AN AWARD RECOMMENDATION WHICH IS SHARED WITH THE TA COMMITTEE. OVER A NUMBER OF MEETINGS, THE COMMITTEE ESTABLISHES THE AWARDS TO BE GRANTED AND THIS INFORMATION IS SHARED WITH FAMILIES IN THEIR RE-ENROLLMENT/ENROLLMENT CONTRACT. X X 0 0 0 0 0 0 0 0 0 VIRGINIA FARRAR HEAD OF SCHOOL UNTIL 08/31/2020 238199 0 0 0 0 0 8570 0 6497 0 253266 0 0 0 MICHAEL JACKSON CFO 228565 0 0 0 0 0 0 0 9951 0 238516 0 0 0 LAUREN KARDOS DIRECTOR - MIDDLE SCHOOL DIVISION 186765 0 0 0 0 0 4980 0 9951 0 201696 0 0 0 LAURA CAMIEN DIRECTOR - ADVANCEMENT 168212 0 0 0 0 0 4571 0 9951 0 182734 0 0 0 PATRICIA A LYNCH DIRECTOR - PRIMARY TO 6/30/20 160927 0 0 0 0 0 3340 0 9951 0 174218 0 0 0 DAWN WILLAIMS DIRECTOR - ADMISSIONS 147179 0 0 0 0 0 3944 0 4839 0 155962 0 0 0 ASHLEY FAYE HUGHES DIRECTOR - OPERATIONS 137175 0 0 0 0 0 3864 0 9951 0 150990 0 0 0 MATT GOLDMANRENEE ROLLERI TRUSTEES OPERATING CAPITAL X 4000000 4002101 0 1 1 4002101 ERIN ISAKOV FORMER BOARD MEMBER 332779 ORGANIZATION LEASED A CONDOMINIUM. THE LEASE WAS AGREED UPON AT FAIR MARKET VALUE AND IS AN ARM'S LENGTH TRANSACTION. 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD CHAIR - RENEE ROLLERI AND VICE CHAIR - MATTHEW GOLDMAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS ARE THE TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ELECTED BY THE EXISTING MEMBERS FROM TIME TO TIME AT ANY ANNUAL MEETING OF MEMBERS OR AT ANY SPECIAL MEETING OF MEMBERS CALLED FOR ELECTION OF MEMBERS. A MAJORITY OF THOSE PERSONS WHO AT ANY TIME CONSTITUTE THE MEMBERSHIP OF THE CORPORATION MAY, FROM TIME TO TIME, FIX THE NUMBER OF MEMBERS OF THE CORPORATION. THE QUALIFICATIONS AND ELIGIBILITY FOR MEMBERSHIP IS PRESCRIBED BY RESOLUTION OF THE MEMBERS IN GOOD STANDING AND/OR BY ANY SIMILARLY PRESCRIBED RULES AND REGULATIONS WHICH THE MEMBERS IN GOOD STANDING MAY PROMULGATE. IN ADDITION, THE MANNER OF SUSPENSION OR TERMINATION OF MEMBERSHIP AND FOR REINSTATEMENT, IF ANY, AND, THE CONDITIONS, RIGHTS, LIABILITIES, AND OTHER INCIDENTS OF MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL'S POLICY IS TO PRESENT THE FORM 990 TO ITS BOARD OF TRUSTEES INCLUDING ALL REQUIRED SUPPLEMENTAL SCHEDULES. EACH MEMBER OF THE BOARD OF TRUSTEES WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO THE SUBMISSION OF THE FORM TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES OF BLUE SCHOOL EXECUTE A CONFLICT OF INTEREST POLICY STATEMENT ON AN ANNUAL BASIS. WHEN A CONFLICT EXISTS THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE SCHOOL CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES (OR IF THERE ARE NO SUCH DISINTERESTED TRUSTEES, BY A MAJORITY VOTE OF THE DISINTERESTED OFFICERS) OR COMMITTEE MEMBERS, AS THE CASE MAY BE, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SCHOOL'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES THE HEAD OF SCHOOL AND THE CFO'S COMPENSATION. THE HEAD OF SCHOOL, WITH SUPPORT FROM THE CFO DETERMINES ALL OTHER EMPLOYEES' COMPENSATION. HEAD OF SCHOOL AND CFO COMPENSATION DISCUSSIONS ARE DOCUMENTED IN MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS CONFLICT INTEREST OF POLICY & GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AMORTIZED GAIN ON SALE OF FIXED ASSETS 69,090. 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