2020-07-15T12:40:30-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 274092757 EXPLORE CHARTER SCHOOLS OF BROOKLYN EXPL 7183033245 1077 REMSEN AVENUE BROOKLYN NY 11236 LINDSAY MATOVICH TREASURER 7183033245 2020-07-15 1 GARRETT M HIGGINS P00543209 2128678000 2020-07-14 66.108.235.87 2020-07-15 06:45:41 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8B9532C6912B3E39A4E7E5ED0BE6E8176682D039 2018 2021-01-29 14:40:06Z LINDSAY MATOVICH 1077 REMSEN AVENUE BROOKLYN NY 11236 39030407 0 X WWW.EXPLORENETWORK.ORG X 2010 NY TO PROVIDE KINDERGARTEN THROUGH EIGHTH GRADE EDUCATION. 6 6 420 8 0 0 1593960 1667903 35521677 37321120 817 16871 16012 24513 37132466 39030407 0 0 0 0 26653000 30508802 0 0 0 9886905 10424902 36539905 40933704 592561 -1903297 17277727 15657533 3562680 3845783 13715047 11811750 THE SCHOOL'S MISSION IS TO PROVIDE OUR STUDENTS WITH THE ACADEMIC SKILLS AND CRITICAL-THINKING ABILITIES THEY NEED TO SUCCEED IN A COLLEGE-PREPARATORY HIGH SCHOOL. 0 0 23274404 31870270 GENERAL EDUCATION - PROVIDED CLASSROOM CURRICULUM TO STUDENT IN KINDERGARTEN THROUGH EIGHTH GRADE FOR THE 2018-2019 ACADEMIC YEAR. WE SERVED 2,020 STUDENTS FOR A FULL YEAR OF CLASSROOM INSTRUCTION. 11009848 5450850 THE SCHOOL PROVIDED OPPORTUNITIES FOR SPECIAL EDUCATION STUDENTS BY PROVIDING 12:1:1 CLASSROOM SETTINGS, INTEGRATED CO-TEACHING CLASSROOMS IN EVERY GRADE LEVEL, SPECIAL EDUCATION SUPPORT SERVICES, AND COUNSELING. 34284252 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 65 0 420 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X ASHLEY DICKENS 6463204103 20 JAY STREET SUITE 211 BROOKLYN NY 11201 HANK MANNIX CHAIRMAN 2.00 X X 0 0 0 JANA REED VICE-CHAIR 1.00 X X 0 0 0 PETER WALKER TREASURER UNTIL MAY 2019 1.00 X X 0 0 0 LINDSAY MATOVICH TREASURER FROM MAY 2019 1.00 X X 0 0 0 MORTY BALLEN TRUSTEE 1.00 X 0 0 0 ANGIE BRICE THOMAS TRUSTEE 1.00 X 0 0 0 LINDSAY DANON TRUSTEE 1.00 X 0 0 0 KAREN FRANCOIS PRINCIPAL 50.00 X 159272 0 16478 MAUREEN FERRY PRINCIPAL 50.00 X 141518 0 12061 LORETTA HICKMAN PRINCIPAL 50.00 X 140660 0 16639 THOMAS ANTHONY PRINCIPAL 50.00 X 140091 0 21270 ANWAR ABDUL-RAHMAN PRINCIPAL 50.00 X 137560 0 11808 LATASHA WILLIAMS PRINCIPAL 50.00 X 136952 0 10864 NADIA DESPENZA PRINCIPAL 50.00 X 122893 0 11116 AWO BUSUMSI PRINCIPAL 50.00 X 117037 0 29528 CHRISTINA COTTER PRINCIPAL UNTIL JULY 2018 50.00 X 73618 0 25780 QTYASHIA ARRINGTON ASSISTANT PRINCIPAL 50.00 X 133398 0 11145 JARREN KANZE ASSISTANT PRINCIPAL 50.00 X 131473 0 16688 ANTHONY CONSTANTINO ACADEMIC DIRECTOR 50.00 X 126985 0 10128 AMY ALTHOFF ACADEMIC DIRECTOR 50.00 X 123848 0 31247 VERONICA WOOLLEY ASSISTANT PRINCIPAL 50.00 X 112967 0 13702 1798272 0 238454 22 0 1 0 EXPLORE SCHOOLS INC 20 JAY STREET SUITE 211 BROOKLYN NY 11201 MANAGEMENT 3181422 1 1635656 32247 1667903 GOV'T PER-PUPIL REV. 611110 37321120 37321120 37321120 16871 16871 REFUND 900099 23329 23329 MISCELLANEOUS REVENUE 900099 1184 1184 24513 39030407 37321120 0 41384 1306590 1137712 168878 23399796 20373870 3025926 158627 138559 20068 3611159 3139982 471177 2032630 1770109 262521 3914266 2567297 1346969 12228 12228 67252 67252 1782088 1286453 495635 389314 299789 89525 557116 320254 236862 1272046 1081239 190807 70068 59556 10512 526481 438903 87578 157833 51057 106776 181382 154175 27207 UNRELATED BUSINESS INCO 33148 28867 4281 CURRICULUM AND CLASSROO 783602 783602 STUDENT SERVICES 483830 483830 REPAIRS & MAINTENANCE 78318 66570 11748 115930 102428 13502 40933704 34284252 6649452 0 12305452 7980494 1452026 1460489 941317 212172 13797 23777 267729 738738 3586524 1154960 1996216 2431564 2508268 301190 302031 17277727 15657533 3349110 3462169 110015 48219 103555 335395 3562680 3845783 X 13715047 11811750 13715047 11811750 17277727 15657533 -1903297 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2592907 178351 2414556 893139 892396 743 100478 84213 16265 2431564 DUE TO EXPLORE SCHOOLS, INC. 335395 335395 X 39030407 0 39030407 0 39030407 40933704 0 40933704 0 40933704 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, 2016. 1 1 1 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. THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATION POLICY THROUGH ITS INTERNET WEBSITE AND INCLUDES ITS NONDISCRIMINATION POLICY ON ALL MAILINGS, BUS STOP ADS, AND OTHER MEDIA ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FOR EACH STUDENT ENROLLED AND SPECIAL EDUCATION FUNDING FOR STUDENTS RECEIVING SPECIAL EDUCATION SERVICES FROM THE NYC DEPARTMENT OF EDUCATION. THE SCHOOL RECEIVES FEDERAL FUNDING THROUGH TITLE I, TITLE IIA, TITLE III, TITLE IV, IDEA, AND E-RATE PROGRAMS. THE SCHOOL ALSO RECEIVES NEW YORK STATE FUNDING THROUGH NYSTL, NYSSL, AND NYSLIB ALLOCATIONS. X X X X 0 0 0 0 0 0 0 1 0 KAREN FRANCOIS PRINCIPAL 143672 0 10600 0 5000 0 5567 0 10911 0 175750 0 0 0 MAUREEN FERRY PRINCIPAL 125818 0 10700 0 5000 0 750 0 11311 0 153579 0 0 0 LORETTA HICKMAN PRINCIPAL 126860 0 8800 0 5000 0 5472 0 11167 0 157299 0 0 0 THOMAS ANTHONY PRINCIPAL 127791 0 7300 0 5000 0 0 0 21270 0 161361 0 0 0 AMY ALTHOFF ACADEMIC DIRECTOR 114948 0 3900 0 5000 0 0 0 31247 0 155095 0 0 0 PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BONUSES AS REPORTED ON FORM 990, PART VII: KAREN FRANCOIS, PRINCIPAL- $10,600 MAUREEN FERRY, PRINCIPAL- $10,700 LORETTA HICKMAN, PRINCIPAL- $8,800 THOMAS ANTHONY, PRINCIPAL- $7,300 ANWAR ABDUL-RAHMAN, PRINCIPAL- $10,700 LATASHA WILLIAMS, PRINCIPAL- $8,000 QTYASHIA ARRINGTON, ASSISTANT PRINCIPAL- $5,800 JARREN KANZE, ASSISTANT PRINCIPAL- $5,800 NADIA DESPENZA, PRINCIPAL- $5,400 AWO BUSUMSI, PRINCIPAL- $5,600 VERONICA WOOLLEY, ASSISTANT PRINCIPAL- $3,950 ANTHONY CONSTANTINO, ACADEMIC DIRECTOR- $6,150 AMY ALTHOFF, ACADEMIC DIRECTOR- $3,900 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH EXPLORE SCHOOLS INC. (ESI), A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF NEW YORK. ESI PROVIDES THE ORGANIZATION WITH EDUCATIONAL MANAGEMENT SERVICES AND DESIGNS. THE ORGANIZATION PAID AN ANNUAL FEE OF 12% OF THE ORGANIZATION'S GENERAL EDUCATION PER PUPIL OPERATING REVENUE. MANAGEMENT FEE EXPENSE FOR THE YEAR ENDED JUNE 30, 2019 WAS $3,914,266. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL TRUSTEES AND OFFICERS ARE REQUIRED TO DISCLOSE, IN WRITING, ANY INTEREST SUCH TRUSTEE MAY HAVE IN ANY CORPORATION, ORGANIZATION, PARTNERSHIP OR OTHER ENTITY WHICH PROVIDES PROFESSIONAL OR OTHER GOODS OR SERVICES TO THE SCHOOL FOR A FEE OR OTHER COMPENSATION, AND INTEREST SUCH TRUSTEE MAY HAVE AS A RESULT OF A POSITION OR OTHER RELATIONSHIP WITH ANY NOT-FOR-PROFIT CORPORATION WITH WHICH THE SCHOOL HAS AN ATTORNEY-CLIENT OR OTHER BUSINESS RELATIONSHIP (COLLECTIVELY, A "CONFLICT OF INTEREST"). ADDITIONALLY, THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS AND KEY EMPLOYEES ANNUALLY, AND THESE EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IF A CONFLICT WERE TO ARISE, THE INTERESTED PERSON SHALL EXCUSE THEMSELVES FROM BOARD DISCUSSION AND ABSTAIN FROM VOTING ON THE POTENTIAL CONFLICT. ALL APPLICABLE INDIVIDUALS HAVE COMPLETED AN ANNUAL DISCLOSURE STATEMENT ON JUNE 2019. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE DOES A MARKET ANALYSIS TO COMPARE LEADERSHIP POSITION SALARIES IN SIMILAR ORGANIZATIONS AND IS ALSO INVOLVED IN THE APPROVAL FOR THE ANNUAL BUDGET FOR THE SCHOOL. THIS ANALYSIS LAST OCCURRED IN 2019 AND WAS DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 1077 REMSEN AVENUE, BROOKLYN, NY 11236, OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-303-3245. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITORS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.