2025-04-29T15:25:07-05:00 2024-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2023-07-01 450522191 EXCELLENCE COMMUNITY SCHOOLS INC EXCE 7188287301 2000 BENEDICT AVENUE BRONX NY 10462 RISHI RENJEN TREASURER 7188287301 2025-04-23 1 0 MICHELLE CAIN P00150750 5854231860 2025-04-23 2023 2025-03-06 01:10:19Z JOYCE FROST 2000 BENEDICT AVENUE BRONX NY 10462 18440207 0 X WWW.EXCELLENCECOMMUNITYSCHOOLS.ORG X 2003 NY EXCELLENCE COMMUNITY SCHOOLS, INC. PROVIDES SERVICES AND RAISES FUNDS TO SUPPORT THE OPERATIONS OF THE BRONX AND STAMFORD CHARTER SCHOOL FOR EXCELLENCE SCHOOLS. 6 6 35 6 0 0 8479405 1413670 8607862 8779103 181451 511833 1917411 1850863 19186129 12555469 427734 169468 0 0 5674018 5655763 0 0 938933 2151362 3105766 8253114 8930997 10933015 3624472 101317454 102337219 79426694 76821987 21890760 25515232 X THE MISSION OF EXCELLENCE COMMUNITY SCHOOLS, INC. IS TO HELP BRONX CHARTER SCHOOL FOR EXCELLENCE AND STAMFORD CHARTER SCHOOL FOR EXCELLENCE FULFILL THEIR MISSION OF PREPARING YOUNG PEOPLE TO COMPETE FOR ADMISSION TO, AND SUCCEED IN, TOP PUBLIC, PRIVATE AND PAROCHIAL SCHOOLS BY CULTIVATING THEIR INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL AND ETHICAL DEVELOPMENT. OUR SCHOOLS ACCOMPLISH THIS BY OFFERING A CHALLENGING AND RIGOROUS ACADEMIC CURRICULUM, WHICH AT THE EARLIEST OF GRADES HAS AN EYE TOWARDS COLLEGE PREPARATION. TO ACHIEVE THIS, OUR SCHOOLS CREATE A SUPPORTIVE AND CARING ENVIRONMENT THAT AT ALL TIMES HAS HIGH EXPECTATIONS OF ALL STUDENTS. 0 0 5074432 169468 10629966 EXCELLENCE COMMUNITY SCHOOLS, INC. PROVIDES SERVICES AND RAISES FUNDS TO SUPPORT THE OPERATIONS OF BRONX CHARTER SCHOOL FOR EXCELLENCE SCHOOLS AND STAMFORD SCHOOL FOR EXCELLENCE. 5074432 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 8 0 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X CHARLENE REID 7188287301 2000 BENEDICT AVENUE BRONX NY 10462 JOYCE FROST CHAIRPERSON 2.00 X X 0 0 0 KORY APTON VICE PRESIDENT 0.50 X 0 0 0 RISHI RENJEN TREASURER 0.50 X X 0 0 0 KIMBERLY HARTMAN VICE PRESIDENT 0.50 X X 0 0 0 ANDRA EHRENKRANZ VICE PRESIDENT 0.50 X X 0 0 0 ANTHONY VERNACE SECRETARY 0.50 X X 0 0 0 VIKAS KAUSHAL CHIEF FINANCIAL OFFICER 40.00 X 418052 0 19389 CHARLENE REID CO-CEO 50.00 X 753508 0 42539 DENNISTON REID JR CO-CEO 50.00 X 679697 0 33567 MARQUITTA SPELLER-RICHARDSON CHIEF LEARNING OFFICER 40.00 X 251570 0 30009 AYA TAYLOR CHIEF OPERATING OFFICER 50.00 X 251958 0 21854 TAMARA FORREST SENIOR HUMAN RESOURCES MAN 50.00 X 154575 0 11993 SHAWN SAROOP SENIOR DIRECTOR INFORMATIO 50.00 X 152720 0 27830 LATOYA LAURY MANAGING DIRECTOR OF STUDENT ADVANCEMENT 50.00 X 158204 0 18613 ROBERT HOROWITZ DIRECTOR OF REAL ESTATE INITIATIVES 50.00 X 115940 0 10625 ERIC TAGLIAFERRO SR. DIRECTOR OF DATA 50.00 X 106013 0 9918 3042237 0 226337 10 0 1 0 BJS RENOVATIONS INC 237 WEST 35TH STREET SUITE 301 NEW YORK NY 10001 PROJECT AND DEVELOPMENT MANAGEMENT 2990686 ST FRANCIS OF ROME 4307 BARNES AVENUE BRONX NY 10466 RENT 1146110 OUR SAVIOR LUTHERAN CHURCH AND SCHOOL 1734 WILLIAMSBRIDGE ROAD BRONX NY 10461 RENT 1042620 ROMAN CATHOLIC CHURCH OF SAINT PHILLIP A 1160 EAST 213TH STREET BRONX NY 10469 RENT 860596 ROMAN CATHOLIC CHURCH OF SAINT SIMON AND 2191 VALENTINE AVENUE BRONX NY 10457 RENT 824492 9 1271 1412399 1413670 MANAGEMENT FEE INCOME 611430 8769200 8769200 OTHER INCOME 900099 9903 9903 8779103 511833 511833 7735601 5884738 1850863 1850863 1850863 12555469 10629966 0 511833 139002 139002 30466 30466 2654918 1558611 689485 406822 2439162 1436198 931550 71414 20753 8300 8302 4151 259465 103786 103785 51894 281465 112586 112586 56293 19658 19658 465348 465348 786928 568780 187767 30381 217825 87130 87130 43565 27865 11146 11146 5573 34270 13708 13708 6854 241642 191343 49314 985 551037 440830 110207 15875 12700 3175 STUDENT SERVICES 217214 189414 27800 GALA EXPENSES 213691 213691 REPAIRS & MAINTENANCE 204863 163890 40973 OTHER 81963 42058 39905 27587 6542 13640 7405 8930997 5074432 2917632 938933 3378457 5051151 12498687 13010517 570521 246894 223743 437373 474006 9793482 1293263 7154961 8500219 77053712 75054432 101317454 102337219 2217407 2541713 1607452 1200401 1100000 600000 74501835 72479873 79426694 76821987 X 21373161 25243338 517599 271894 21890760 25515232 101317454 102337219 3624472 0 X X 0 1 X 1 0 X 2969384 3327720 3242144 8479405 1413670 19432323 6430893 8409561 10057334 16343128 16514704 57755620 9400277 11737281 13299478 24822533 17928374 77187943 65000 40000 45000 40000 20000 210000 2145000 1828753 2685581 8338303 841616 15839253 2210000 1868753 2730581 8378303 861616 16049253 61138690 23708 3130 4838 181451 511833 724960 23708 3130 4838 181451 511833 724960 6919 6919 9430904 11740411 13304316 25003984 18440207 77919822 0.78460 0.46200 0.00930 0.28780 X PART I, LINE 7 AND 10: THE ORIGINAL TAX-EXEMPT ACKNOWLEDGEMENT LETTER RECEIVED FROM THE IRS IN 2003 STATED THAT THE ORGANIZATION'S PUBLIC CHARITY STATUS WAS UNDER SECTION 170(B)(1)(A)(VI) WHICH WOULD REQUIRE THE ORGANIZATION TO FILL OUT PART II OF SCHEDULE A. THE ORGANIZATION IS ALLOWED TO SWITCH IT'S CHARITY STATUS IF IT FALLS BELOW THE THRESHOLD UNDER PART II. THEREFORE, THE ORGANIZATION HAS SELECTED IT'S PUBLIC CHARITY STATUS TO BE UNDER SECTION 509(A)(2) OF PART III OF SCHEDULE A WHEN CALCULATING THE CURRENT YEARLY PUBLIC SUPPORT PERCENTAGE. PART II, LINE 8 IT WAS DISCOVERED THAT THE ORGANIZATION HAD NOT BEEN FILLING OUT LINE 10A IN ACCORDANCE WITH INSTRUCTIONS FOR PART III OF SCHEDULE A CORRECTLY. THE ORGANIZATION WAS INCLUDING RENTAL INCOME AS INVESTMENT INCOME. THE ORGANIZATION HAS GONE BACK AND FILLED IN PRIOR YEARS' INFORMATION TO CORRECTLY CALCULATE THE PUBLIC SUPPORT PERCENTAGE FOR 2023 UNDER PART II. THE ORGANIZATION WILL NOT BE AMENDING PRIOR RETURNS FOR THIS MISSING INFORMATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9526822 1145460 8381362 214263 102823 111440 52397 44980 7417 8500219 SECURITY DEPOSITS 275187 DEFERRED LEASE RECEIVABLE, NET 4835613 DUE FROM RELATED PARTIES 1845641 RIGHT-OF-USE ASSETS 68097991 75054432 DUE TO RELATED PARTY 75851 SECURITY DEPOSITS 589319 OPERATING LEASE LIABILITIES 71814703 72479873 X 18440207 5884738 5884738 12555469 0 12555469 14815735 5884738 5884738 8930997 0 8930997 PART X, LINE 2: EXCELLENCE COMMUNITY SCHOOLS, INC. IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. ECS 1946 BATHGATE LLC, ECS 4300 MURDOCK LLC, ECS 1160 213TH STREET LLC, AND ECS 1744 WILLIAMSBRIDGE LLC ARE DISREGARDED ENTITIES FOR TAX PURPOSES AND FILE WITH EXCELLENCE COMMUNITY SCHOOLS, INC. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK. THE ORGANIZATION'S CURRENT AND PRIOR THREE YEARS TAX RETURNS REMAIN SUBJECT TO REVIEW BY TAXING AUTHORITIES. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT HAS NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE RENTAL EXPENSE 5,884,738. PART XII, LINE 2D - OTHER ADJUSTMENTS: SUBLEASE RENTAL EXPENSE 5,884,738. 1 BRONX CHARTER SCHOOL FOR EXCELLENCE 1960 BENEDICT AVENUE BRONX NY 10462 450507998 501(C)(3) 139002 0 FEDERAL CSP REPLICATION GRANT PASSTHROUGH 1 0 SCHOLARSHIPS 6 30466 PART I, LINE 2: STUDENTS COMPLETE THE GRANT REQUIREMENTS BY COMPLETING COMMUNITY SERVICE HOURS OR WORK STUDY HOURS, GIVE PROGRESS REPORTS AND REPORT CARDS TO MAINTAIN ELIGIBILITY. THEY ALSO MUST PROVIDE INFORMATION FROM PARENTS AND SCHOOL ABOUT FINANCIAL NEED. WE ARE IN CONTACT WITH RECEIVING SCHOOLS ABOUT THE SCHOLARSHIPS. THE SCHOLARSHIPS ARE SENT DIRECTLY TO THE SCHOOLS. X X X 0 0 0 0 0 0 0 0 0 CHARLENE REID CO-CEO 558508 0 195000 0 0 0 21606 0 20933 0 796047 0 0 0 DENNISTON REID JR CO-CEO 554697 0 125000 0 0 0 33395 0 172 0 713264 0 0 0 VIKAS KAUSHAL CHIEF FINANCIAL OFFICER 335552 0 82500 0 0 0 19389 0 0 0 437441 0 0 0 MARQUITTA SPELLER-RICHARDSON CHIEF LEARNING OFFICER 236570 0 15000 0 0 0 11413 0 18596 0 281579 0 0 0 AYA TAYLOR CHIEF OPERATING OFFICER 236958 0 15000 0 0 0 13039 0 8815 0 273812 0 0 0 SHAWN SAROOP SENIOR DIRECTOR INFORMATIO 145220 0 7500 0 0 0 7700 0 20130 0 180550 0 0 0 LATOYA LAURY MANAGING DIRECTOR OF STUDENT ADVANCE 138204 0 20000 0 0 0 7186 0 11427 0 176817 0 0 0 TAMARA FORREST SENIOR HUMAN RESOURCES MAN 129575 0 25000 0 0 0 6250 0 5743 0 166568 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO OF THE BOARD MEMBERS ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CHAIRMAN AND TREASURER OF THE BOARD REVIEW THE DRAFT 990 BEFORE IT IS FILED. THE ENTIRE FORM 990 IS EMAILED TO THE COMPLETE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES ANNUALLY. AFTER REVIEWING, OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES FILL OUT ANNUAL CONFLICT OF INTEREST CERTIFICATION FORMS IN WHICH THEY DISCLOSE ANY CONFLICTS OF INTEREST AND PROHIBITED EXCESS BENEFIT TRANSACTIONS. THE EXECUTIVE ASSISTANT TO THE CEO IS RESPONSIBLE FOR ENSURING THAT ALL OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES OF EXCELLENCE COMMUNITY SCHOOLS, INC. COMPLETE THEIR FORMS AND FOR REVIEWING THE EXECUTED FORMS FOR ANY PROBLEMATIC CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 FROM TIME TO TIME THE BOARD OF TRUSTEES MUST HIRE KEY EMPLOYEES AND OFFICERS. THE COMPENSATION FOR THESE POSITIONS MUST TAKE INTO CONSIDERATION THE CANDIDATE OR EMPLOYEE'S YEARS OF EXPERIENCE AND HIS OR HER ABILITY TO MEET THE STANDARDS SET BY THE ORGANIZATION FOR THE POSITION. ONCE THE SALARY IS SET, SUBSEQUENT INCREASES WILL BE BASED ON PERFORMANCE AND EXTRAORDINARY PERFORMANCE WILL BE RECOGNIZED THROUGH BONUSES. THE BOARD USES APPLICABLE COMPENSATION SURVEYS AND THE 990'S FOR NON PROFITS OF SIMILAR SIZE AND COMPLEXITY. THIS CROSS COMPARISON PROVIDES SOME BROADER PERSPECTIVE TO ACCOUNT FOR THE EMERGENCE OF MORE STABLE AND SEASONED SENIOR STAFF. THE COMPENSATION FOR OTHER MANAGEMENT POSITIONS ARE REVIEWED AND APPROVED AS FOLLOWS: 1. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE ORGANIZATIONAL CHART OF ECS ESTABLISHING LINES OF ACCOUNTABILITY. 2. THE EXECUTIVE COMMITTEE VERIFIES THE EVALUATION PROCESSES AND PERFORMANCE REVIEW PROCEDURES. 3. THE EXECUTIVE COMMITTEE REVIEWS COMPARATIVE SALARY INFORMATION PROVIDED OR OTHER COMPARABLE RESEARCH USING 990'S TO ENSURE THAT THE SALARY STRUCTURE CONTINUES TO ATTRACT AND MAINTAIN QUALITY EMPLOYEES. 4. THE BOARD OF TRUSTEES APPROVES THE SALARY OF THE CEO AS WELL AS SALARY RECOMMENDATIONS MADE BY THE PRESIDENT FOR THE "KEY EMPLOYEES/HIGHEST COMPENSATED INDIVIDUALS". 5. CONTEMPORANEOUS SUBSTANTIATION AND RECORDKEEPING FOR DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT WAS MADE. FORM 990, PART VI, SECTION C, LINE 19 EXCELLENCE COMMUNITY SCHOOLS, INC. MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS. ECS 1946 BATHGATE LLC 2000 BENEDICT AVENUE BRONX NY 10462 RENTS CHARTER SCHOOL BUILDING NY 1244387 4484430 EXCELLENCE COMMUNITY SCHOOLS INC ECS 4300 MURDOCK LLC 2000 BENEDICT AVENUE BRONX NY 10462 RENTS CHARTER SCHOOL BUILDING NY 1103680 10073656 EXCELLENCE COMMUNITY SCHOOLS INC ECS 1160 EAST 213TH STREET LLC 2000 BENEDICT AVENUE BRONX NY 10462 RENTS CHARTER SCHOOL BUILDING NY 1155000 11936819 EXCELLENCE COMMUNITY SCHOOLS INC ECS 1744 WILLIAMSBRIDGE LLC 2000 BENEDICT AVENUE BRONX NY 10462 RENTS CHARTER SCHOOL BUILDING NY 1261000 32506337 EXCELLENCE COMMUNITY SCHOOLS INC ECS 1804 HOLLAND LLC 2000 BENEDICT AVENUE BRONX NY 10462 RENTS CHARTER SCHOOL BUILDING NY 396888 0 EXCELLENCE COMMUNITY SCHOOLS INC