2019-05-13T12:29:11-05:00 2018-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-07-01 274092757 EXPLORE CHARTER SCHOOLS OF BROOKLYN EXPL 7183033245 1077 REMSEN AVENUE BROOKLYN NY 11236 PETER WALKER TREASURER 7183033245 2019-05-13 1 GARRETT M HIGGINS P00543209 2128678000 2019-05-13 4.15.211.182 2019-05-13 11:05:32 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5A56A42B4F3486C4BFE4C95BB1662080B46821A3 2017 2019-02-21 02:37:17Z PETER WALKER 1077 REMSEN AVENUE BROOKLYN NY 11236 37132466 0 X WWW.EXPLORENETWORK.ORG X 2010 NY TO PROVIDE KINDERGARTEN THROUGH EIGHTH GRADE EDUCATION. 6 6 401 6 0 68725 1683345 1593960 33581293 35521677 545 817 853 16012 35266036 37132466 0 0 0 0 24512840 26653000 0 0 0 8918491 9886905 33431331 36539905 1834705 592561 16862117 17277730 3317374 3562683 13544743 13715047 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 21633858 30504638 GENERAL EDUCATION - PROVIDED CLASSROOM CURRICULUM TO STUDENT IN KINDERGARTEN THROUGH EIGHTH GRADE FOR THE 2017-2018 ACADEMIC YEAR. WE SERVED 2,048 STUDENTS FOR A FULL YEAR OF CLASSROOM INSTRUCTION. 8902194 5017039 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. 30536052 1 0 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 63 0 401 1 1 1 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 PETER WALKER TREASURER 1.00 X X 0 0 0 MORTY BALLEN TRUSTEE 1.00 X 0 0 0 JANA REED TRUSTEE 1.00 X 0 0 0 ANGIE BRICE THOMAS TRUSTEE 1.00 X 0 0 0 TARMARA FULCHER TRUSTEE 1.00 X 0 0 0 KAREN FRANCOIS PRINCIPAL 50.00 X 141776 0 14367 CHRISTINA COTTER PRINCIPAL 50.00 X 123998 0 28245 THOMAS ANTHONY PRINCIPAL 50.00 X 123700 0 20122 LORETTA HICKMAN PRINCIPAL 50.00 X 120885 0 12868 MAUREEN FERRY PRINCIPAL 50.00 X 119762 0 9259 KEVIN MARA PRINCIPAL (UNTIL 8/2017) 50.00 X 91424 0 16232 ANWAR ABDUL-RAHMAN PRINCIPAL 50.00 X 72237 0 5660 LATASHA WILLIAMS PRINCIPAL 50.00 X 64760 0 4857 JARREN KANZE ASSISTANT PRINCIPAL 50.00 X 122757 0 15066 QTYASHIA ARRINGTON ASSISTANT PRINCIPAL 50.00 X 128233 0 9080 ANTHONY CONSTANTINO ACADEMIC DIRECTOR 50.00 X 115869 0 19321 SHANEKA PALMER ACADEMIC DIRECTOR 50.00 X 109948 0 13792 VERONICA WOOLLEY DIRECTOR OF OPERATIONS 50.00 X 106957 0 11700 1442306 0 180569 11 0 1 0 EXPLORE SCHOOLS INC 20 JAY STREET SUITE 211 BROOKLYN NY 11201 MANAGEMENT 4468997 1 1590773 3187 1593960 GOV'T PER-PUPIL REV. 611000 35521677 35521677 35521677 817 817 REFUND 900099 15000 15000 MISCELLANEOUS REVENUE 900099 1012 1012 16012 37132466 35521677 0 16829 1068714 927253 141461 20532681 17814556 2718125 142610 123943 18667 3079365 2667010 412355 1829630 1587217 242413 3570720 2341972 1228748 2160 2160 69697 69697 1652954 1261761 391193 190135 102535 87600 578571 352796 225775 1629234 1384850 244384 33242 28256 4986 434275 362299 71976 153068 50254 102814 171291 145598 25693 CURRICULUM AND CLASSROO 833740 833740 STUDENT SERVICES 417177 417177 REPAIRS & MAINTENANCE 52015 44213 7802 STUDENT FOOD SERVICE 45275 45275 53351 45347 8004 36539905 30536052 6003853 0 11332729 12305452 1546619 1452026 1829997 941317 7856 13797 156991 267729 2993346 997127 1696845 1996219 291080 301190 16862117 17277730 3190987 3349113 60204 110015 66183 103555 3317374 3562683 X 13544743 13715047 13544743 13715047 16862117 17277730 X 592561 -422257 X X 0 1 X 1 1 1 X 2006153 109336 1896817 886715 813240 73475 100478 74551 25927 1996219 DUE TO EXPLORE SCHOOLS, INC. 103555 103555 X 37132466 0 37132466 0 37132466 36962162 422257 422257 36539905 0 36539905 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, 2015. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET REPORTED ON PART XI, LINE 9: 422,257. 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. PROV. 75-50. 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, IDEA, AND E-RATE PROGRAMS. THE SCHOOL ALSO RECEIVES STATE FUNDING THROUGH NYSTL, NYSSL, AND NYSLIB ALLOCATIONS X X X X 0 0 0 0 0 0 0 1 0 KAREN FRANCOIS PRINCIPAL 132976 0 8800 0 0 0 5415 0 8952 0 156143 0 0 0 CHRISTINA COTTER PRINCIPAL 117998 0 6000 0 0 0 3218 0 25027 0 152243 0 0 0 PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BONUSES AS REPORTED ON FORM 990, PART VII: KEVIN MARA, PRINCIPAL- $600 CHRISTINA COTTER, PRINCIPAL- $6,000 THOMAS ANTHONY, PRINCIPAL- $6,050 KAREN FRANCOIS, PRINCIPAL- $8,800 LORETTA HICKMAN, PRINCIPAL- $5,600 MAUREEN FERRY, PRINCIPAL- $6,200 SHANEKA PALMER, ACADEMIC DIRECTOR- $300 ANTHONY CONSTANTINO, ACADEMIC DIRECTOR- $4,500 VERONICA WOOLLEY, DIRECTOR OF OPERATIONS- $4,500 JARREN KANZE, ASSISTANT PRINCIPAL- $5,500 QTYASHIA ARRINGTON, ASSISTANT PRINCIPAL- $5,500 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, 2018 WAS $3,570,720. 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 2018. 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 2018 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 #211, BROOKLYN, NY 11236, OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-303-3245. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF ASSET -422,257. 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.