2021-05-07T12:10:07-05:00 2020-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2019-07-01 201107218 BRONX LIGHTHOUSE CHARTER SCHOOL BRON 6469150025 1001 INTERVALE AVENUE BRONX NY 10459 JAVIER LOPEZ-MOLINA CHAIRMAN 6469150025 2021-04-16 1 MICHELLE CAIN P00150750 5854231860 2021-04-16 2019 2022-09-23 18:48:47Z PHAROS ACADEMY CHARTER SCHOOL JAVIER LOPEZ-MOLINA 1001 INTERVALE AVENUE BRONX NY 10459 12681688 0 X WWW.PHAROSACADEMIES.ORG X 2004 NY PHAROS ACADEMY CHARTER SCHOOL IS A K-12 PUBLIC CHARTER SCHOOL LOCATED IN THE LONGWOOD SECTION OF THE BRONX, NY. OUR MISSION IS TO DEVELOP SCHOLARS WHO COMMUNICATE WELL, ARE INTELLECTUALLY CURIOUS, AND SOLVE PROBLEMS USING DIFFERENT APPROACHES. WE ARE UNAPOLOGETICALLY COMMITTED TO EDUCATING BRONX KIDS AND WILL STOP AT NOTHING TO CLOSE ALL URBAN-EDUCATION GAPS. 12 12 138 15 0 0 630613 1247885 11620426 11371501 24124 62302 15191 0 12290354 12681688 0 0 0 0 8056956 8080776 0 0 0 4331994 4651217 12388950 12731993 -98596 -50305 19143739 17651522 12403642 10893730 6740097 6757792 X PHAROS ACADEMY CHARTER SCHOOL IS A K-12 PUBLIC CHARTER SCHOOL LOCATED IN THE LONGWOOD SECTION OF THE BRONX, NY. OUR MISSION IS TO DEVELOP SCHOLARS WHO COMMUNICATE WELL, ARE INTELLECTUALLY CURIOUS, AND SOLVE PROBLEMS USING DIFFERENT APPROACHES. WE ARE UNAPOLOGETICALLY COMMITTED TO EDUCATING BRONX KIDS AND WILL STOP AT NOTHING TO CLOSE ALL URBAN-EDUCATION GAPS. 0 0 10884792 11371501 EDUCATIONAL SERVICES - A CHARTER SCHOOL OFFERING CLASSES FROM KINDERGARTEN THROUGH TWELTH GRADE. THE SCHOOL HAD 647 STUDENTS ATTENDING DURING THE FISCAL YEAR ENDED JUNE 30, 2020. 10884792 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 26 0 138 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 X BRENT ELLIOTT 8339931514 10 CORPORATE DRIVE LITTLE ROCK AR 72205 X TOM WETHINGTON TRUSTEE 2.00 X 0 0 0 SARAH JEAN-JACQUES SECRETARY 4.00 X X 0 0 0 KEYUR SHAH TRUSTEE 2.00 X 0 0 0 ROBB GRANADO TREASURER 4.00 X X 0 0 0 VILMA CABA TRUSTEE 2.00 X 0 0 0 JAVIER LOPEZ-MOLINA CHAIRMAN 4.00 X X 0 0 0 NIKALI JONES VICE CHAIRMAN 4.00 X X 0 0 0 BRIAR THOMPSON TRUSTEE 2.00 X 0 0 0 STACY SUTHERLAND TRUSTEE 2.00 X 0 0 0 JOHAN REYES TRUSTEE 2.00 X 0 0 0 ADRIAN ADDERLEY TRUSTEE 2.00 X 0 0 0 ALEXANDRA ABREU TRUSTEE 2.00 X 0 0 0 ERIC KINSEY TRUSTEE - THRU JUNE 2020 2.00 X 0 0 0 FRANTZ MERINE TRUSTEE - THRU JUNE 2020 2.00 X 0 0 0 TRAVIS BROWN PRINCIPAL 40.00 X 248231 0 22449 ADEBUNMI SAVAGE ASSISTANT PRINCIPAL 40.00 X 137033 0 8231 ERIN KIM DIRECTOR OF CURRICULUM AND INSTRUCTION 40.00 X 109660 0 11823 ELIZABETH PIERCE DIRECTOR OF CURRICULUM AND INSTRUCTION 40.00 X 107960 0 9218 CHRISSANDRA MOSBY DIRECTOR SCHOOL CULTURE 40.00 X 101998 0 7446 704882 0 59167 5 0 1 0 LIGHTHOUSE ACADEMIES INC 29140 CHAPEL PARK DR BLDG 5A WESLEY CHAPEL FL 33543 MANAGEMENT FEES 808436 1005 INTERVALE AVENUE LLC 1005 INTERVALE AVE BRONX NY 10459 RENT 703277 CEBA MAINTENANCE SERVICE 1 MILLER RD FARMINGDALE NY 11735 CLEANING SERVICES 161993 3 1194179 53706 53706 1247885 STUDENT ENROLLMENT FEES 611110 11333220 11333220 OTHER INCOME 611110 38281 38281 11371501 62302 62302 12681688 11371501 0 62302 272038 229518 42520 6557008 5532166 1024842 104158 87878 16280 577280 487053 90227 570292 481157 89135 586392 390928 195464 6279 5651 628 29900 26910 2990 4837 4837 712932 641824 71108 319252 287327 31925 211592 190432 21160 170024 153022 17002 181161 163045 18116 440536 440536 439283 439283 170779 170779 SUPPLIES AND EQUIPMENT 627562 627562 REPAIRS AND MAINTENANCE 347873 313086 34787 OTHER 197548 182147 15401 LIBRARY AND TEXTBOOKS 121479 121479 83788 83788 12731993 10884792 1847201 0 1631515 3035693 1662828 709815 380000 310746 407511 149758 69295 12782730 2337435 10884578 10445295 1616631 2507056 2887683 96857 19143739 17651522 1223149 1256859 183417 2503 8148887 8018924 1558306 2848189 57138 12403642 10893730 X 6740097 6753186 4606 6740097 6757792 19143739 17651522 -50305 68000 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1560000 1560000 8890419 398929 8491490 7485 1435 6050 1870664 1664007 206657 454162 273064 181098 10445295 DUE TO AFFILIATES 57138 57138 X 13334688 68000 585000 653000 12681688 0 12681688 13316993 585000 585000 12731993 0 12731993 PART X, LINE 2: THE CHARTER SCHOOL, BPHC, AND BRONX SUPPORT CORPORATION ARE TAX-EXEMPT ORGANIZATIONS 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 CHARTER SCHOOL, BPHC, AND BRONX SUPPORT CORPORATION FILE FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. IN ADDITION, BPHC AND BRONX SUPPORT CORPORATION FILE A FORM CHAR 500 IN NEW YORK STATE. THE LLC IS A SINGLE MEMBER LLC AND IS DISREGARDED FOR TAX PURPOSES. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2017 THROUGH JUNE 30, 2020 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL, BPHC, AND BRONX SUPPORT CORPORATION BELIEVE THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL RECRUITS BY WORD OF MOUTH IN THE COMMUNITY AND THROUGH THE DISTRIBUTION OF FLYERS IN THE NEIGHBORHOOD, WHICH INCLUDES THE RACIALLY NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 FEDERAL AND NEW YORK STATE GOVERNMENT GRANTS ARE RECEIVED TO ENHANCE TEACHERS' SKILLS AND IMPROVE TECHNOLOGY. X X 0 0 0 0 0 0 0 0 0 TRAVIS BROWN PRINCIPAL 248231 0 0 0 0 0 8323 0 14126 0 270680 0 0 0 A BUILD NYC RESOURCE CORP 454040561 12008EPG5 2018-10-12 8985156 PURCH & EQUIP FACILITY 0 0 0 A 245000 8985156 574500 132375 8278281 0 0 1 1 A 1 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 1 A 1 X 53706 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL HAD AN ACADEMIC AND BUSINESS SERVICE AGREEMENT WITH LIGHTHOUSE ACADEMIES, INC. TO PROVIDE THE FOLLOWING SERVICES: A) PREPARE THE ANNUAL BUDGET AND REVIEW WITH THE BOARD B) PREPARE MONTHLY FINANCIAL STATEMENTS AND REVIEW WITH THE BOARD C) ESTABLISH, IMPLEMENT AND ANNUALLY EVALUATE EDUCATIONAL PROGRAM AND MAY CHANGE THE EDUCATIONAL MODEL D) DEVELOP PLAN AND CONDUCT PROFESSIONAL DEVELOPMENT FOR STAFF, ETC. THE MANAGEMENT COMPANY WAS PAID $806,066 FOR THE FISCAL YEAR ENDING JUNE 30, 2020. FORM 990, PART VI, SECTION A, LINE 8B THE SCHOOL DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXTERNAL FINANCE CONSULTANT, ALONG WITH THE SENIOR DIRECTOR OF OPERATIONS AND COMPLIANCE AT THE SCHOOL BEFORE BEING FORWARDED TO THE SCHOOL'S FINANCE COMMITTEE FOR THEIR REVIEW. IT IS THEN REVIEWED BY THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL REQUIRES ALL BOARD MEMBERS TO FORMALLY DISCLOSE IN WRITING ANY CONFLICT OF INTEREST MATTERS. BOARD MEMBERS SUBMIT UPDATES TO THE CONFLICT OF INTEREST DECLARATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR INCLUDED REVIEW, DELIBERATION AND APPROVAL OF THE BOARD OF DIRECTORS, WITH COMPARISONS TO OTHER NON-PROFIT ORGANIZATIONS. THE PRINCIPALS ARE EVALUATED ANNUALLY BY LIGHTHOUSE ACADEMIES, INC.'S MANAGEMENT. COMPENSATION ADJUSTMENTS ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, EMPLOYEE HANDBOOK, FINANCIAL POLICIES AND PROCEDURES GUIDE, BRONX LIGHTHOUSE CHARTER SCHOOL MANUAL AND OTHER POLICIES (INVESTMENT, CONFLICT OF INTEREST, ETC) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C EXPLANATION THIS PROCESS IS CONSISTENT WITH PRIOR YEARS. 1005 INTERVALE AVENUE LLC 1005 INTERVALE AVENUE BRONX NY 10459 830768937 FURTHER CHARITABLE PURPOSES OF THE SCHOOL. NY 642876 10706640 BRONX LIGHTHOUSE CHARTER SCHOOL BLCS PROPERTY HOLDING COMPANY INC 1001 INTERVALE AVENUE BRONX NY 10459 450900484 PROPERTY HOLDING COMPANY NY 501(C)(2) BRONX LIGHTHOUSE CHARTER SCHOOL 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 BLCS PROPERTY HOLDING COMPANY INC K 642876 COST BLCS PROPERTY HOLDING COMPANY INC D 58587 COST