2023-12-12T12:41:45-06:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 460625647 CLASSICAL CHARTER SCHOOLS CLAS 7188604340 977 FOX STREET BRONX NY 10459 LESTER LONG EXECUTIVE DIRECTOR 7188604340 2023-12-12 1 LESTER LONG 999009999 1 GARRETT M HIGGINS P00543209 9143818900 2023-12-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LESTER LONG 977 FOX STREET BRONX NY 10459 43557328 0 X WWW.CLASSICALCHARTERSCHOOLS.ORG X 2012 NY TO PREPARE K-8TH GRADE STUDENTS IN THE SOUTH BRONX TO EXCEL IN COLLEGE-PREPARATORY HIGH SCHOOLS. 11 11 426 11 0 0 5558253 8971251 30801412 32365844 158619 140695 0 0 36518284 41477790 0 0 0 0 22819955 25676289 0 0 246869 14752061 15480517 37572016 41156806 -1053732 320984 15696370 139796464 6288356 126756248 9408014 13040216 X CLASSICAL CHARTER SCHOOLS PREPARES K-8TH GRADE STUDENTS IN THE SOUTH BRONX TO EXCEL IN COLLEGE-PREPARATORY HIGH SCHOOLS. THROUGH A CLASSICAL CURRICULUM AND HIGHLY STRUCTURED SETTING, STUDENTS BECOME LIBERATED SCHOLARS AND CITIZENS OF IMPECCABLE CHARACTER WHO ACHIEVE PROFICIENCY IN AND ADVANCED MASTERY OF NEW YORK STATE PERFORMANCE STANDARDS. 0 0 35000045 0 32365844 WE PROVIDE OUR STUDENTS WITH A SOLID FOUNDATION FOR ACADEMIC SUCCESS THROUGH ACHIEVEMENT THAT EXCEEDS CITYWIDE AVERAGES AND MEETS OR EXCEEDS NEW YORK STATE STANDARDS AND NATIONAL NORMS IN ALL CURRICULUM AREAS TESTED, ESPECIALLY IN MATHEMATICS AND LANGUAGE ARTS. FOR THE 2022-2023 SCHOOL YEAR, WE SERVED APPROXIMATELY 1,556 STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE. 35000045 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 426 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DR VIVIAN CASSABERRY-FURBY 7188604340 977 FOX STREET BRONX NY 10459 JAKE ELGHANAYAN CHAIR 3.00 X X 0 0 0 JAMES MAHER VICE CHAIR 3.00 X X 0 0 0 VEENA MALPANI SECRETARY 3.00 X X 0 0 0 MARIEL JENKINS TAYLOR TREASURER 3.00 X X 0 0 0 STEPHEN BALDWIN TRUSTEE 3.00 X 0 0 0 KATHRYN MOORE HELENIAK TRUSTEE 3.00 X 0 0 0 WILLIAM F HIGGINS TRUSTEE 3.00 X 0 0 0 LAWRENCE HIRSCH TRUSTEE 3.00 X 0 0 0 KEVIN MURPHY TRUSTEE 3.00 X 0 0 0 ADRIAN TONGE TRUSTEE 3.00 X 0 0 0 ROBERT TORRES TRUSTEE 3.00 X 0 0 0 LESTER LONG EXECUTIVE DIRECTOR 40.00 X 379097 0 23234 REBECCA SCOGNAMIGLIO SCHOOL DIRECTOR 40.00 X 206499 0 16725 PAUL TRYON SCHOOL DIRECTOR 40.00 X 146879 0 14212 ERIN LINNEHAN SCHOOL DIRECTOR 40.00 X 143783 0 30260 SAMUEL GRADESS SCHOOL DIRECTOR 40.00 X 130174 0 12848 VIVIAN CASSABERRY-FURBY DIRECTOR OF BUSINESS 40.00 X 141389 0 14857 JACQUELINE DAVIS DIRECTOR OF CURRICULUM & INSTRUCTION 40.00 X 203459 0 29237 CHRISTOPHER EMMERSON-PACE INSTRUCTIONAL COACH 40.00 X 141757 0 15565 LEAH EPSTEIN DIRECTOR OF SPECIAL SERVICES 40.00 X 138183 0 16634 DANILDA PEREZ DEAN 40.00 X 124609 0 14775 ANDRE HARRIS DEAN OF STUDENTS 40.00 X 122795 0 12748 1878624 0 201095 38 0 1 0 RELAY GRADUATE SCHOOL OF EDUCATION 25 BROADWAY 3RD FLOOR NEW YORK NY 10004 FELLOWHIP PROGRAM 667813 CHARTER TECHNOLOGY SOLUTIONS 129 20TH STREET - FLOOR 2 BROOKLYN NY 11232 TECHNOLOGY CONSULTANT 637763 GREEN DUST AWAY CLEANING SERVICES 35-44 28TH STREET SUITE 1B LONG ISLAND CITY NY 11106 TECHNOLOGY CONSULTANT 402156 TELOPOINT INC 85 BROAD STREET 28TH FL NEW YORK NY 10004 MEDICAL TESTING 265300 AE DEKAJ CONSTRUCTION INC 24 CHESTNUT PLACE MOUNT VERNON NY 10553 CONSTRUCTION CONTRACTOR 140000 7 7496007 1475244 86944 8971251 GOV'T PER-PUPIL REVENUE 611110 32365844 32365844 32365844 213937 213937 2006296 2079538 -73242 -73242 -73242 41477790 32365844 0 140695 1227309 1036830 182992 7487 20375557 17206280 3036383 132894 778954 657736 116070 5148 1423587 1202229 212157 9201 1870882 1579990 278822 12070 48414 48414 96650 96650 16264 16264 969882 803569 166313 393081 331928 58575 2578 658293 555917 98103 4273 855087 722072 127424 5591 6320591 5336516 941738 42337 122972 103841 18325 806 972074 820917 144868 6289 350541 295998 52235 2308 STUDENT SERVICES 1824258 1687965 130611 5682 FOOD SERVICES 1113011 1113011 REPAIRS & MAINTENANCE 707437 597208 105390 4839 CLASSROOM SUPPLIES 452098 452098 579864 495940 78558 5366 41156806 35000045 5909892 246869 3713175 6399385 335580 994784 2261438 2374217 633547 553407 6276025 3214110 3110554 3061915 4333688 4161275 1308388 122251481 15696370 139796464 1772126 1848220 207090 369610 4309140 124538418 6288356 126756248 X 8883014 13040216 525000 0 9408014 13040216 15696370 139796464 X 320984 63839 3247379 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2928674 1168772 1759902 2232125 1477642 754483 1115226 567696 547530 3061915 RIGHT OF USE ASSET - OPERATING LEASE 120012568 RIGHT OF USE ASSET - FINANCE LEASE 1890724 SECURITY DEPOSITS 328428 DUE FROM FREINDS OF CCS 19761 122251481 OPERATING LEASE LIABILITY 122623822 FINANCE LEASE LIABILITY 1914596 124538418 X 44772744 63839 3247379 3311218 41461526 16264 16264 41477790 41140542 0 41140542 16264 16264 41156806 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD 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 YEARS PRIOR TO JUNE 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON TRANSFER OF LEASE TO RELATED PARTY 3,247,379. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2020-23. SCHEDULE E, PART I, LINE 4 THE SCHOOL IS FREE TO ALL STUDENTS, IT DID NOT AND DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVED VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X 0 0 0 0 0 0 0 1 0 LESTER LONG EXECUTIVE DIRECTOR 333849 0 43000 0 2248 0 15200 0 8034 0 402331 0 0 0 JACQUELINE DAVIS DIRECTOR OF CURRICULUM & INSTRUCTION 202644 0 0 0 815 0 10432 0 18805 0 232696 0 0 0 REBECCA SCOGNAMIGLIO SCHOOL DIRECTOR 205674 0 0 0 825 0 10643 0 6082 0 223224 0 0 0 ERIN LINNEHAN SCHOOL DIRECTOR 143096 0 0 0 687 0 7345 0 22915 0 174043 0 0 0 PAUL TRYON SCHOOL DIRECTOR 146198 0 0 0 681 0 6607 0 7605 0 161091 0 0 0 CHRISTOPHER EMMERSON-PACE INSTRUCTIONAL COACH 140698 0 0 0 1059 0 7140 0 8425 0 157322 0 0 0 VIVIAN CASSABERRY-FURBY DIRECTOR OF BUSINESS 139084 0 0 0 2305 0 7087 0 7770 0 156246 0 0 0 LEAH EPSTEIN DIRECTOR OF SPECIAL SERVICES 137513 0 0 0 670 0 7071 0 9563 0 154817 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID THE EXECUTIVE DIRECTOR A PERFORMANCE-BASED BOARD APPROVED BONUS IN 2022. X 86944 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER AND BUSINESS DIRECTOR. THE FORM 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. UPON THEIR APPROVAL, THE RETURN IS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO TRUSTEES, OFFICERS, AND KEY PERSONS. SUCH PERSONS HAVE A DUTY TO PROMPTLY DISCLOSE TO THE BOARD ANY POTENTIAL CONFLICTS OF INTEREST AND ALL MATERIAL FACTS. DETERMINATIONS REGARDING CONFLICT MATTERS ARE TO BE MADE BY THE BOARD OF TRUSTEES BY MAJORITY VOTE. ANY TRUSTEE, OFFICER, OR KEY PERSON INVOLVED IN SUCH MATTER MUST LEAVE THE ROOM IN WHICH DELIBERATIONS ARE CONDUCTED AND MAY NOT VOTE, ACT OR ATTEMPT TO INFLUENCE IMPROPERLY THE DELIBERATIONS ON SUCH MATTER. THE EXISTENCE AND RESOLUTION OF ANY REPORTED CONFLICTS OF INTEREST ARE DOCUMENTED IN THE BOARD MINUTES. UPON ELECTION OR APPOINTMENT, AND ON AN ANNUAL BASIS THEREAFTER, TRUSTEES, OFFICERS, AND KEY 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 SECRETARY OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER OFFICERS OF THE ORGANIZATION WAS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. SALARY SURVEYS BENCHMARKING SIMILARLY SITUATED SCHOOLS AND COMPARABLE POSITIONS WERE UTILIZED IN THE PROCESS. THE PROCESS WAS LAST CONDUCTED IN 2023 AND WAS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON TRANSFER OF LEASE TO RELATED PARTY 3,247,379. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE 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.