2025-01-31T10:04:40-06:00 2024-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 464341617 BROOKLYN LABORATORY CHARTER SCHOOLS INC BROO 3475938369 77 SANDS STREET BROOKLYN NY 11201 GARLAND THOMAS-MCDAVID CEO 3474298439 2025-01-31 1 1 SACHA RICHARDS P01378509 2017129800 2025-01-27 2023 2025-03-06 01:10:19Z GARLAND THOMAS-MCDAVID 77 SANDS STREET BROOKLYN NY 11201 21843982 0 X BKLABPREP.ORG X 2013 NY TO PREPARE SCHOLARS WITH THE ACADEMIC FOUNDATION, DIGITAL LITERACY, AND LEADERSHIP SKILLS NECESSARY TO SUCCEED IN COLLEGE AND PROFESSIONAL LIFE AS THEY GROW AS ETHICAL LEADERS. 12 12 160 13 0 0 4010111 2355543 19756711 19479739 543 8543 10786 0 23778151 21843825 0 5510 0 0 12800967 9093119 0 0 0 15702974 13459575 28503941 22558204 -4725790 -714379 34591463 25571400 24044119 17214283 10547344 8357117 TO PREPARE SCHOLARS WITH THE ACADEMIC FOUNDATION, DIGITAL LITERACY, AND LEADERSHIP SKILLS NECESSARY TO SUCCEED IN COLLEGE AND PROFESSIONAL LIFE AS THEY GROW AS ETHICAL LEADERS. 0 0 19838032 5510 19479739 THE SCHOOL PROVIDES ITS 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. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 700 STUDENTS IN GRADES SIXTH THROUGH TWELFTH DURING THE 2023-2024 ACADEMIC YEAR. 19838032 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 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 35 0 160 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X STERLING FLORANT 3474738340 77 SANDS STREET BROOKLYN NY 11201 MARTHA REVENAUGH CHAIR 2.00 X X 0 0 0 MATTHEW ARTHUR-GRAY VICE CHAIR 1.00 X X 0 0 0 SOBANDE AFOLABI TRUSTEE 1.00 X 0 0 0 DR CANDANCE BETHEA TRUSTEE 1.00 X 0 0 0 RYAN CARTER TRUSTEE 1.00 X 0 0 0 ASHWINI CHHABRA TRUSTEE 1.00 X 0 0 0 MELISHA JACKMAN TRUSTEE THRU 9/30/23 1.00 X 0 0 0 LATOYA HENRY TRUSTEE 1.00 X 0 0 0 TIM KAU TRUSTEE 1.00 X 0 0 0 MELANIE KOTLER TRUSTEE 1.00 X 0 0 0 JONATHAN MCINTOSH TRUSTEE 1.00 X 0 0 0 RON RAPATALO TRUSTEE 1.00 X 0 0 0 DR YASEMIN TARAKCI TRUSTEE 1.00 X 0 0 0 GARLAND THOMAS-MCDAVID CEO 40.00 X 313461 0 22152 STERLING FLORANT COO 40.00 X 152859 0 14023 MARYANN REINHART CHIEF OF STAFF 40.00 X 210274 0 5233 CHARLES JONES HIGH SCHOOL PRINCIPAL 40.00 X 151243 0 21156 SHAWN HARRIS MIDDLE SCHOOL PRINCIPAL 40.00 X 153783 0 18023 MALIKA LYONS DIRECTOR OF HUMAN RESOURCES 40.00 X 131320 0 11023 SARAH BRESLIN MIDDLE SCHOOL PRINCIPAL 40.00 X 123370 0 11023 1236310 0 102633 15 0 1 0 INNOVATEEDU INC PO BOX 25796 BROOKLYN NY 11202 EDUCATIONAL SERVICES 642487 CHARTER SCHOOL BUSINESS MANAGEMENT 425 EAST 79TH STREET SUITE 1F NEW YORK NY 10075 FINANCIAL SERVICES 279143 EXECUTIVE CLEANING SERVICES LLC 460 NEW YORK AVENUE HUNTINGTON NY 11743 CLEANING SERVICES 274128 RED RABBIT LLC 2214 FREDERICK DOUGLASS BOULEVARD NEW YORK NY 10026 SCHOOL FOOD SERVICES 188751 LARSON COMMUNICATIONS 32158 CAMINO CAPISTRANO SUITE A-108 SAN JUAN CAPISTRANO NY 92675 PUBLIC RELATIONS 187600 8 1158819 1196724 52549 2355543 GOV'T PER-PUPIL REV. 611000 15565585 15565585 GOV'T PER-PUPIL FACILITIES FUNDIN 611000 3853612 3853612 RENTAL INCOME 532000 60542 60542 19479739 200 200 8500 157 8343 8343 8343 21843825 19479739 0 8543 5510 5510 520782 260391 260391 7170710 6588431 582279 112177 102166 10011 681170 619414 61756 608280 542386 65894 186481 186481 65290 65290 812818 453788 359030 700154 687475 12679 342950 312273 30677 189210 172527 16683 7616723 6790087 826636 212328 189309 23019 3827 3827 2685 2393 292 1057574 943056 114518 174424 155541 18883 STAFF DEVELOPMENT 738298 688864 49434 STUDENT SERVICES 580998 580998 CLASSROOMS SUPPLIES 382633 382633 FOOD SERVICES 264029 264029 129153 96761 32392 22558204 19838032 2720172 0 46111 4195379 1015388 1015587 1720380 423279 116952 119209 10656515 7147146 4464782 3509369 3997158 0 23230692 16308577 34591463 25571400 1113144 1052945 0 44215 22930975 16117123 24044119 17214283 X 10547344 8357117 10547344 8357117 34591463 25571400 X -714379 -1475848 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7350692 4384614 2966078 3290823 2751032 539791 15000 11500 3500 3509369 RIGHT OF USE ASSETS - LEASES 15642364 SECURITY DEPOSITS 666213 16308577 LEASE LIABILITIES 16117123 16117123 X 21843982 157 157 21843825 0 21843825 24034209 1476005 1476005 22558204 0 22558204 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 THE YEARS PRIOR TO JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST BASIS NET AGAINST REVENUES 157. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS 238,399. WRITE-OFF OF RECEIVABLES FROM RELATED PARTY 1,237,449. COST BASIS NET AGAINST REVENUES 157. 1 1 0 1 1 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 THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. 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 RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. 0 IT'S FROM THE SOLE 1444 PARK PL E4 BROOKLYN NY 11213 474297321 501(C)(3) 5010 0 TO PROVIDE SHOES AND FOOTWEAR TO LESS FORTUNATE PEOPLE. 1 0 X X 0 0 0 0 0 0 0 1 0 GARLAND THOMAS-MCDAVID CEO 288961 0 24500 0 0 0 2450 0 19702 0 335613 0 0 0 MARYANN REINHART CHIEF OF STAFF 196121 0 14153 0 0 0 0 0 5233 0 215507 0 0 0 CHARLES JONES HIGH SCHOOL PRINCIPAL 146743 0 4500 0 0 0 1454 0 19702 0 172399 0 0 0 SHAWN HARRIS MIDDLE SCHOOL PRINCIPAL 151283 0 2500 0 0 0 7000 0 11023 0 171806 0 0 0 STERLING FLORANT COO 150359 0 2500 0 0 0 3000 0 11023 0 166882 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID BOARD-APPROVED PERFORMANCE BASED BONUSES TO INDIVIDUALS LISTED IN PART VII IN 2023. X 52549 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. ONCE PREPARED, IT IS PROVIDED TO MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. A COMPLETE COPY IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES. UNDER THIS POLICY, SUCH PERSONS MUST DISCLOSE THE EXISTENCE OF ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST TO THE BOARD. AFTER DISCLOSURE OF ALL MATERIAL FACTS, THE INDIVIDUAL LEAVES THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE MEETING MINUTES DOCUMENT THE NAME OF THE INTERESTED PERSON, THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE NAMES OF THE INDIVIDUALS AT THE MEETING, AND THE RESULT OF THE VOTE. INTERESTED PERSONS ALSO ANNUALLY SIGN A STATEMENT OF AFFIRMATION INDICATING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, AND AGREE TO ABIDE BY IT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR, AND OTHER OFFICERS INCLUDES THE USE OF COMPARABLE DATA SUCH AS FORM 990S OF OTHER ORGANIZATIONS. THE BOARD OF TRUSTEES REVIEWS THE COLLECTED DATA AND VOTES ON THE COMPENSATION. THE PROCESS LAST OCCURRED IN 2023, AND WAS DOCUMENTED IN THE MINUTES OF THE BOARD. 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: LOSS ON DISPOSAL OF ASSETS -238,399. GRANT RECEIVABLE WRITE-OFF -1,237,449. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPDENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.