2020-05-22T11:46:39-05:00 2019-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2018-07-01 450507998 BRONX CHARTER SCHOOL FOR EXCELLENCE BRON 2123721000 1960 BENEDICT AVENUE BRONX NY 10462 KATHY LATHEN BOARD CHAIR 2123721000 2020-05-12 1 MICHELLE CAIN P00150750 5854231860 2020-05-12 69.49.130.51 2020-05-12 15:58:48 ED P 4987B41C0E48731721AF41254D189BB6B6E52A6F 022FA6F6214AE7836D0E05601AC749ACF6DD4149 2018 2020-11-19 02:30:22Z KATHY LATHEN 1960 BENEDICT AVENUE BRONX NY 10462 26634756 0 X WWW.BRONXEXCELLENCE.ORG X 2003 NY CHARTER SCHOOL BASED IN VARIOUS SECTIONS OF THE BRONX, SERVING GRADES K-8. THE SCHOOL WAS ESTABLISHED TO PREPARE YOUNG PEOPLE FROM NEW YORK CITY TO COMPETE FOR ADMISSION TO, AND SUCCEED IN, TOP PUBLIC, PRIVATE, AND PAROCHIAL SCHOOLS. BCSE 1, THE FLAGSHIP SCHOOL IS BASED IN THE PARKCHESTER SECTION OF THE BRONX. 6 6 154 6 0 0 3275958 3547873 17634762 22924450 21066 37962 3196 2355 20934982 26512640 0 0 0 0 6895375 10869338 0 0 25120 9974204 11011266 16869579 21880604 4065403 4632036 44214617 49111268 27971811 28236426 16242806 20874842 X IT IS THE MISSION OF THE BRONX CHARTER SCHOOL FOR EXCELLENCE TO PREPARE YOUNG SCHOLARS TO COMPETE FOR ADMISSION TO AND SUCCEED IN TOP PUBLIC, PRIVATE AND PAROCHIAL SCHOOLS BY CULTIVATING THEIR INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL, AND ETHICAL DEVELOPMENT. WE ACCOMPLISH THIS BY OFFERING A CHALLENGING AND RIGOROUS ACADEMIC CURRICULUM, WHICH AT THE EARLIEST OF GRADES HAS AN EYE TOWARDS COLLEGE PREPARATION IN A SUPPORTIVE AND CARING ENVIRONMENT. 0 0 20240063 22926805 BRONX CHARTER SCHOOL FOR EXCELLENCE IS A PUBLIC, CHARTER SCHOOL THAT PROVIDES ELEMENTARY EDUCATION TO ABOUT 1,380 CHILDREN IN KINDERGARTEN THROUGH 8TH GRADE ACROSS FOUR SCHOOLS. 20240063 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 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 154 1 1 1 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 1 0 X CHARLENE REID 7188287301 1960 BENEDICT AVENUE BRONX NY 10462 X JOYCE FROST VICE CHAIR 2.00 X X 0 0 0 STACEY LAUREN TRUSTEE 2.00 X 0 0 0 MARDI SCHECTER SECRETARY 0.50 X X 0 0 0 TANYA PIERRE TRUSTEE 0.50 X 0 0 0 KATHY LATHEN BOARD CHAIR 2.00 X X 0 0 0 EX OFFICIO PA PRESIDENT TREASURER 2.00 X X 0 0 0 ADIJE OKPO PRINCIPAL 50.00 X 150084 0 17262 SHARLEEN MORRIS PRINCIPAL 50.00 X 150621 0 18454 DAWN DEAN HAAS PRINCIPAL 50.00 X 141655 0 22526 MARIA SARYAN PRINCIPAL 50.00 X 103339 0 8052 TONYA WHITE PRINCIPAL 50.00 X 128557 0 11213 CHARLTON CLARKE JR PRINCIPAL 50.00 X 142914 0 10429 817170 0 87936 6 0 1 0 EXCELLENCE COMMUNITY SCHOOLS INC 2090 7TH AVENUE NEW YORK NY 10027 MANAGEMENT FEES 2405956 SAINT FRANCES OF ROME 4307 BARNES AVENUE BRONX NY 10466 RENT 774794 GENUINE FOODS 121 MACDONOUGH STREET SUITE 1 BROOKLYN NY 11216 FOOD SERVICES 343502 SCHOOL PROFESSIONALS 622 THIRD AVENUE 39TH FLOOR NEW YORK NY 10017 TEMP SERVICES 267987 THE CHURCH OF OUR LADY OF SOLACE 731 MORRIS PARK AVE BRONX NY 10462 RENT 263302 12 3547873 107536 3547873 STATE AND LOCAL PER PUPIL FEES 611110 22924450 22924450 22924450 37962 37962 122116 122116 0 OTHER REVENUE 900099 2355 2355 2355 26512640 22926805 0 37962 360162 324146 36016 8365852 7873467 480661 11724 119264 112432 6657 175 1358829 1269026 88021 1782 665231 624356 39960 915 2897481 2720260 173251 3970 16387 16387 31530 31530 1776154 1648751 125928 1475 37154 35544 1574 36 261696 246332 15021 343 1730023 1596791 130248 2984 1172737 1037362 134338 1037 1117445 1005701 111744 156216 156216 CURRICULUM & CLASSROOM 663399 663399 FOOD SERVICE 440047 440047 REPAIRS & MAINTENANCE 338577 318571 19559 447 STUDENT SERVICES 160684 160684 211736 163194 48310 232 21880604 20240063 1615421 25120 6312887 12314675 150000 225000 996853 897631 617122 344363 207048 250099 36993841 4952633 32845287 32041208 2981991 3029107 103429 9185 44214617 49111268 1756889 1988008 39753 258391 23512596 23020958 1540000 1540000 1122573 1429069 27971811 28236426 X 16242806 20874842 16242806 20874842 44214617 49111268 4632036 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 914772 914772 31687322 2735373 28951949 2683227 1281352 1401875 1191325 610034 581291 517195 325874 191321 32041208 DUE TO CHARTER MANAGEMENT ORGANIZATION 731852 DEFERRED LEASE LIABILITY 697217 1429069 X 26512640 0 26512640 0 26512640 21880604 0 21880604 0 21880604 PART X, LINE 2: THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2016 THROUGH JUNE 30, 2019 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT 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 INCLUDED IN ALL SOLICITATION MATERIALS SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION FOR PROVIDING CHARTER ELEMENTARY SCHOOL PROGRAM FOR KINDERGARTEN THROUGH 8TH GRADE. IN ADDITION, THE SCHOOL RECEIVED IDEA SPECIAL EDUCATION, OTPS, TITLE I AND II AND STIMULUS GRANTS. X X X 0 0 0 0 0 0 0 1 0 ADIJE OKPO PRINCIPAL 143997 0 3000 0 3087 0 6768 0 10494 0 167346 0 0 0 SHARLEEN MORRIS PRINCIPAL 136621 0 14000 0 0 0 2900 0 15554 0 169075 0 0 0 DAWN DEAN HAAS PRINCIPAL 134176 0 6000 0 1479 0 6315 0 16211 0 164181 0 0 0 CHARLTON CLARKE JR PRINCIPAL 142314 0 0 0 600 0 3445 0 6984 0 153343 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUS BASED ON YEAR END REVIEW BY MEMBERS OF THE BOARD: - DAWN DEAN (HAAS), PRINCIPAL, RECEIVED $6,000 - SHARLEEN MORRIS, PRINCIPAL, RECEIVED $14,000 - ADIJE OKPO, PRINCIPAL, RECEIVED $3,000 A BUILD NYC RESOURCE CORP TAX EXEMPT REVENUE BONDS - SERIES 2013A 454040561 12008EBR6 2013-04-24 23310000 MORTGAGE/LOAN TO BUILD A SCHOOL BUILDING 0 0 0 A 25421744 150398 508435 1540000 24762911 0 0 0 1 A 0 0 0 0 0 0 0 A 1 0 0 0 0 0 A 0 X 107536 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL UTILIZES EXCELLENCE COMMUNITY SCHOOLS, INC. ("EXCELLENCE"), AN UNRELATED 501(C)(3) ORGANIZATION, TO PROVIDE MANAGEMENT AND OTHER ADMINISTRATIVE SUPPORT SERVICES TO THE SCHOOL. THE SCHOOL DELEGATED CERTAIN EDUCATION AND INSTRUCTION, BUSINESS OPERATIONS, AND HUMAN RESOURCES AND EMPLOYMENT DUTIES TO EXCELLENCE. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR, CHAIRMAN AND TREASURER OF THE BOARD REVIEW THE DRAFT 990 BEFORE IT IS FILED. THE ENTIRE FORM 990 IS EMAILED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES ANNUALLY. AFTER REVIEWING, BOARD MEMBERS AND KEY EMPLOYEES FILL OUT ANNUAL CONFLICT OF INTEREST CERTIFICATION FORMS IN WHICH THEY DISCLOSE ANY CONFLICTS OF INTEREST AND PROHIBITED EXCESS BENEFIT TRANSACTIONS. THE EXECUTIVE ASSISTANT TO THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR ENSURING THAT ALL BOARD MEMBERS AND KEY EMPLOYEES COMPLETE THEIR FORMS AND FOR REVIEWING THE EXECUTED FORMS FOR ANY PROBLEMATIC CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR AND PRINCIPALS. THE COMPENSATION FOR THESE POSITIONS MUST TAKE INTO CONSIDERATION THE CANDIDATE OR EMPLOYEE'S YEARS OF EXPERIENCE AND HIS OR HER ABILITY TO MEET THE STANDARDS SET BY BCSE FOR THE POSITION. ONCE THE SALARY IS SET, SUBSEQUENT INCREASES GENERALLY FOLLOW INCREASES AFFORDED TO THE REST OF THE STAFF. ACKNOWLEDGEMENT OF EXTRAORDINARY PERFORMANCE ARE RECOGNIZED THROUGH BONUSES. THE BOARD USES CURRENT APPLICABLE NATIONAL AND REGIONAL COMPENSATION SURVEYS FOR HIGH PERFORMING CHARTER SCHOOLS AND NON-PROFITS. ADDITIONAL COMPARISONS ARE DERIVED BY LOOKING AT THE 990'S FOR NON PROFITS OF SIMILAR SIZE AND COMPLEXITY. THIS CROSS COMPARISON PROVIDES SOME BROADER PERSPECTIVE TO ACCOUNT FOR THE EMERGENCE IN CHARTER SCHOOLS OF MORE STABLE AND SEASONED SENIOR STAFF. THE COMPENSATION FOR OTHER MANAGEMENT POSITIONS WILL BE REVIEWED AND APPROVED BY THE EDUCATION COMMITTEE AS FOLLOWS: 1. THE EDUCATION COMMITTEE REVIEWS AND APPROVES THE ORGANIZATIONAL CHART OF BCSE ESTABLISHING LINES OF ACCOUNTABILITY. 2. THE EDUCATION COMMITTEE VERIFIES THE EVALUATION PROCESSES AND PERFORMANCE REVIEW PROCEDURES. 3. THE EXECUTIVE DIRECTOR REVIEWS COMPARATIVE SALARY INFORMATION PROVIDED BY NYC CHARTER CENTER OR OTHER COMPARABLE RESEARCH USING 990'S TO ENSURE THAT THE SALARY STRUCTURE OF THE BRONX CHARTER SCHOOL FOR EXCELLENCE CONTINUES TO ATTRACT AND MAINTAIN QUALITY EMPLOYEES. 4. THE FINANCE COMMITTEE AND BOARD OF TRUSTEES APPROVES COMPENSATION FOR THE "KEY EMPLOYEES/HIGHEST COMPENSATED INDIVIDUALS" BASED ON RECOMMENDATIONS MADE BY THE EXECUTIVE DIRECTOR AND PRINCIPAL. 5. CONTEMPORANEOUS SUBSTANTIATION AND RECORDKEEPING FOR DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT WAS MADE. FORM 990, PART VI, SECTION C, LINE 18 BCSE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 BCSE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS IS CONSISTENT WITH PRIOR YEARS