FURP.ORG / PUBLIC DATA EXPLORER

BRONX ACADEMY OF PROMISE CHARTER SCHOOL: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
BRONX ACADEMY OF PROMISE CHARTER SCHOOL (EIN 26-2531307)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-03-11
IRS object ID
202030719349301303
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-03-11T09:46:45-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11155 Avenue of the Americas 1200AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262531307EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Bronx Academy of Promise Charter SchoolBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CANDACE GREENEInCareOfNm
Business Name ControlBRONBusinessNameControlTxt
Phone7182936950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11349 Inwood AvenueAddressLine1Txt
CityBronxCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENISE SCHIRALDIPersonNm
Person TitlePrincipalPersonTitleTxt
Signature2019-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAaron ShapiroPreparerPersonNm
PTINP01333816PTIN
Phone2128674000PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.126.162IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id26511920200715000003FederalOriginalSubmissionId
Federal Original Submission Id2020-03-11FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id8BAB167CC20738F3D1E6B133BEB8A02CA90C437FAtSubmissionCreationDeviceId
At Submission Filing Device Id319FC87BD1330F796E4035663441B3D0185919B5AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-11-06 18:47:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDENISE SCHIRALDIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11349 Inwood AvenueAddressLine1Txt
CityBronxCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,299,255GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressBRONXACADEMYOFPROMISE.COMWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation2008FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO INCREASE LEARNING OPPORTUNITIES FOR STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS AND TO ENABLE PARENTS TO BE MORE INVOLVED IN THEIR CHILDREN'S EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee121TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,101,014PYContributionsGrantsAmt
CY Contributions Grants$1,073,048CYContributionsGrantsAmt
PY Program Service Revenue$9,546,367PYProgramServiceRevenueAmt
CY Program Service Revenue$10,197,608CYProgramServiceRevenueAmt
PY Investment Income$1,828PYInvestmentIncomeAmt
CY Investment Income$23,906CYInvestmentIncomeAmt
PY Other Revenue$5,264PYOtherRevenueAmt
CY Other Revenue$4,693CYOtherRevenueAmt
PY Total Revenue$10,654,473PYTotalRevenueAmt
CY Total Revenue$11,299,255CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,378,040PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,277,907CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$23,866CYTotalFundraisingExpenseAmt
PY Other Expenses$3,832,160PYOtherExpensesAmt
CY Other Expenses$3,774,696CYOtherExpensesAmt
PY Total Expenses$10,210,200PYTotalExpensesAmt
CY Total Expenses$11,052,603CYTotalExpensesAmt
PY Revenues Less Expenses$444,273PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$246,652CYRevenuesLessExpensesAmt
Total Assets BOY$10,663,092TotalAssetsBOYAmt
Total Assets EOY$11,202,485TotalAssetsEOYAmt
Total Liabilities BOY$2,723,375TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,016,116TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,939,717NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,186,369NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF BRONX ACADEMY OF PROMISE CHARTER SCHOOL IS TO EDUCATE EACH STUDENT TO HIGH LEARNING STANDARDS USING A CURRICULUM THAT EMPHASIZES INFORMATION ABOUT THE VARIOUS CAREER CHOICES AVAILABLE TO THEM. THE SCHOOL WILL PREPARE STUDENTS FOR HIGH SCHOOL, TO MAKE DECISIONS ABOUT A DIRECTION FOR THEIR CAREER, AND TO BECOME PRODUCTIVE CITIZENS. THE SCHOOL WILL PROVIDE A PRODUCTIVE COMPREHENSIVE ACADEMIC CURRICULUM WITH CHARACTER AND CAREER EDUCATION INTEGRATED INTO ALL SUBJECTS. THE CURRICULUM WILL PROMOTE EXCELLENCE IN ALL AREAS: COGNITIVE, SOCIAL, EMOTIONAL, AND MORAL DEVELOPMENT. STUDENTS WILL EXPERIENCE WAYS TO ACQUIRE THE KNOWLEDGE AND SKILLS EACH SCHOOL YEAR TO ATTAIN LEARNING PROFICIENCY, AND THE COMMUNITY, PARENTS AND STAFF WILL PARTICIPATE MEANINGFULLY IN THE SCHOOL TO CONTINUOUSLY IMPROVE ITS POTENTIAL FOR SUCCESS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$8,983,813ExpenseAmt
Revenue$10,197,608RevenueAmt
DescTHE SCHOOL'S MAJOR SERVICE ACCOMPLISHMENT IS IMPROVED STUDENT ACHIEVEMENT. WHEN COMPARED TO NEW YORK STATE AVERAGES, OUR STUDENTS OUTPERFORMED NYS'S STUDENT PROFICIENCY IN ELA BY 14% AND BY 17% IN MATH.Desc
Total Program Service Expenses$8,983,813TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee121EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCANDACE GREENEPersonNm
Phone7182936950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11349 INWOOD AVENUEAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
REV MICHAEL CARRION
BOARD CHAIR1.00.0Yes (X)Yes (X)$0$0$0
AGGIW AKYERE
VICE CHAIR1.00.0Yes (X)Yes (X)$0$0$0
KEVIN KEARNS
TREASURER/CHAIR OF FINANCE COM1.00.0Yes (X)Yes (X)$0$0$0
MILCA MEYER
SECRETARY1.00.0Yes (X)Yes (X)$0$0$0
CARLIBI ROJAS
PARENT AT LARGE1.00.0Yes (X)$0$0$0
DENNIS SZE
CHAIRMAN OF ACADEMIC COMMITTEE1.00.0Yes (X)$0$0$0
STEPHEN MAYO
BOARD MEMBER1.00.0Yes (X)$0$0$0
CATHERINE JACKVONY
EXECUTIVE DIRECTOR40.00.0Yes (X)$303,231$0$20,878
DENISE SCHIRALDI
PRINCIPAL40.00.0Yes (X)$122,935$0$18,653
CANDACE GREENE
BUSINESS MANAGER40.00.0Yes (X)$66,141$0$39,095
ALDRINA ARSHRAVAN
MATH SPECIALIST40.00.0$106,106$0$37,506Yes (X)
GLENN CORWN
SPECIAL EDUCATION COORDINATOR40.00.0$101,203$0$6,367Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$699,616TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$122,499TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K8IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ADVANCE TALENT SOLUTIONS
222 BROADWAY 19TH FLOORNEW YORKNY10038SUBSTITUTE TEACHING$106,391
US FOODS
PO BOX 641871PITTSBURGHPA15264SCHOOL FOOD SERVICES$262,335
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$1,036,343GovernmentGrantsAmt
All Other Contributions$36,705AllOtherContributionsAmt
Noncash Contributions$21,556NoncashContributionsAmt
Total Contributions$1,073,048TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSTATE & LOCAL PER-PUPIL OPERATINGDesc
Business611110BusinessCd
Total Revenue Column$10,197,608TotalRevenueColumnAmt
Related Or Exempt Func Income$10,197,608RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$10,197,608TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,906TotalRevenueColumnAmt
Exclusion$23,906ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSTAFF MEALSDesc
Business722320BusinessCd
Total Revenue Column$4,693TotalRevenueColumnAmt
Exclusion$4,693ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,693OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,299,255TotalRevenueColumnAmt
Related Or Exempt Func Income$10,197,608RelatedOrExemptFuncIncomeAmt
Exclusion$28,599ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$547,735TotalAmt
Program Services$402,585ProgramServicesAmt
Management And General$136,934ManagementAndGeneralAmt
Fundraising$8,216FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,293,844TotalAmt
Program Services$4,323,378ProgramServicesAmt
Management And General$963,728ManagementAndGeneralAmt
Fundraising$6,738FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$167,066TotalAmt
Program Services$137,396ProgramServicesAmt
Management And General$29,618ManagementAndGeneralAmt
Fundraising$52FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$832,693TotalAmt
Program Services$678,994ProgramServicesAmt
Management And General$152,463ManagementAndGeneralAmt
Fundraising$1,236FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$436,569TotalAmt
Program Services$353,677ProgramServicesAmt
Management And General$81,856ManagementAndGeneralAmt
Fundraising$1,036FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$62,051TotalAmt
Management And General$62,051ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$37,167TotalAmt
Management And General$37,167ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,429TotalAmt
Management And General$1,429ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$776,012TotalAmt
Program Services$683,953ProgramServicesAmt
Management And General$91,028ManagementAndGeneralAmt
Fundraising$1,031FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,178TotalAmt
Program Services$12,178ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$673,405TotalAmt
Program Services$609,652ProgramServicesAmt
Management And General$63,324ManagementAndGeneralAmt
Fundraising$429FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$32,598TotalAmt
Program Services$26,408ProgramServicesAmt
Management And General$6,113ManagementAndGeneralAmt
Fundraising$77FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,979,721TotalAmt
Program Services$1,603,827ProgramServicesAmt
Management And General$371,194ManagementAndGeneralAmt
Fundraising$4,700FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$84,725TotalAmt
Program Services$68,639ProgramServicesAmt
Management And General$15,885ManagementAndGeneralAmt
Fundraising$201FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$63,120TotalAmt
Program Services$51,136ProgramServicesAmt
Management And General$11,834ManagementAndGeneralAmt
Fundraising$150FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROFESSIONAL DEVELOPMENT$41,330$31,990$9,340
BAD DEBT$7,012$7,012
MISCELLANEOUS$3,948$3,948

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,052,603TotalAmt
Program Services$8,983,813ProgramServicesAmt
Management And General$2,044,924ManagementAndGeneralAmt
Fundraising$23,866FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$8,802,267BOYAmt
EOY$5,551,905EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,039,752BOYAmt
EOY$5,163,669EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$443,129BOYAmt
EOY$197,606EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$217,201BOYAmt
EOY$155,005EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,174,087LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,039,787LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$160,743BOYAmt
EOY$134,300EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,663,092BOYAmt
EOY$11,202,485EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$885,651BOYAmt
EOY$1,054,526EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$20,698BOYAmt
EOY$6,689EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,817,026BOYAmt
EOY$1,954,901EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,723,375BOYAmt
EOY$3,016,116EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,939,717BOYAmt
EOY$8,186,369EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,939,717BOYAmt
EOY$8,186,369EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,663,092BOYAmt
EOY$11,202,485EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$246,652ReconcilationRevenueExpnssAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$319,235OtherCostOrOtherBasisAmt
Depreciation$273,763DepreciationAmt
Book Value$45,472BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$835,223OtherCostOrOtherBasisAmt
Depreciation$751,941DepreciationAmt
Book Value$83,282BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,629OtherCostOrOtherBasisAmt
Depreciation$14,083DepreciationAmt
Book Value$5,546BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$134,300TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENTDesc
Amt$1,954,901Amt
FieldValueIRS element (for citing)
Total Liability$1,954,901TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$11,299,255TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$11,299,255RevenueSubtotalAmt
Total Revenue Per Form990$11,299,255TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,052,603TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$11,052,603ExpensesSubtotalAmt
Total Expenses Per Form990$11,052,603TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsfalseMaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3BRONX ACADEMY OF PROMISE IS A NYC CHARTER SCHOOL MANDATED TO GIVE PRIORITY TO SCHOOL DISTRICT 9 RESIDENTS.
SCHEDULE E, PART I, LINE 3BRONX ACADEMY OF PROMISE IS A NYC CHARTER SCHOOL MANDATED TO GIVE PRIORITY TO SCHOOL DISTRICT 9 RESIDENTS.
SCHEDULE E, PART I, LINE 4BTHE SCHOOL DOES NOT DISTRIBUTE OR AWARD SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE TO ITS STUDENTS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCATHERINE JACKVONYPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$203,231BaseCompensationFilingOrgAmt
Bonus Filing Organization$100,000BonusFilingOrganizationAmount
Deferred Compensation Flng Org$14,753DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org$6,125NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$324,109TotalCompensationFilingOrgAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, line 7FormAndLineReferenceDesc
ExplanationThe executive director's bonus bonus was for outstanding performance and management of the school. The bonus was approved by the board.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 THE IRS SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS, AND REQUIRES ALL OF THE BOARD MEMBERS AND KEY OFFICERS TO FILL OUT THE CONFLICT OF INTEREST DISCLOSURE FORM. OFFICERS AND DIRECTORS ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IF A CONFLICT OF INTEREST ARISES, THE PROCEDURE IS TO BRING THE MATTER TO THE ATTENTION OF OUR BOARD.
FORM 990, PART VI, SECTION B, LINE 15ACOMPENSATION FOR TOP MANAGEMENT OFFICIALS IS DELIBERATED BY THE BOARD CHAIR AND FINANCE COMMITTEE. SALARY SURVEYS AND SCHOOL COMPENSATION STATISTICS ARE REVIEWED AND REFERENCED, AND BACKGROUND EXPERIENCE IS TAKEN INTO CONSIDERATION WHEN DECIDING ON COMPENSATION FOR ANY POSITION WITHIN THE ORGANIZATION. THIS WAS LAST DONE IN 2019.
FORM 990, PART VI, SECTION C, LINE 19THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.