2019-05-10T13:27:25-05:00 2018-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-07-01 263282250 EXPLORE SCHOOLS INC EXPL 7189896730 20 JAY STREET NO 211 BROOKLYN NY 11201 MORTON BALLEN CHIEF EXECUTIVE OFFICER 7189896730 2019-05-10 1 GARRETT M HIGGINS P00543209 2122862600 2019-05-10 4.15.211.182 2019-05-10 13:23:24 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5A56A42B4F3486C4BFE4C95BB1662080B46821A3 2017 2019-02-21 02:37:17Z MORTON BALLEN 20 JAY STREET NO 211 BROOKLYN NY 11201 3619678 0 X WWW.EXPLORENETWORK.ORG X 2008 NY TO PROVIDE STRATEGIC PLANNING, BOARD GOVERNANCE, FINANCIAL OVERSIGHT, HUMAN RESOURCES AND OTHER MANAGEMENT SUPPPORT SERVICES TO SCHOOLS. 7 6 32 7 0 14972 83917 48958 3414567 3570720 0 0 0 0 3498484 3619678 26568 0 0 0 2679508 3027264 0 0 3288 1044984 1097284 3751060 4124548 -252576 -504870 2606903 2197412 249523 347761 2357380 1849651 X THE ORGANIZATION'S MISSION IS TO PROVIDE STRATEGIC PLANNING, BOARD GOVERNANCE, FINANCIAL OVERSIGHT, HUMAN RESOURCES, AND OTHER MANAGEMENT SUPPORT TO A NETWORK OF K-8 CHARTER SCHOOLS IN UNDER-SERVED COMMUNITIES THAT PROVIDE STUDENTS WITH THE ACADEMIC SKILLS AND CRITICAL-THINKING ABILITIES THEY NEED TO SUCCEED IN A COLLEGE-PREPARATORY HIGH SCHOOL. 0 0 2890437 3570720 THERE ARE APPROXIMATELY 2,048 STUDENTS ENROLLED IN THE NETWORK'S EDUCATIONAL CORPORATION IN BROOKLYN FOR THE 2017-2018 ACADEMIC YEAR. TO REALIZE ITS MISSION, ESI PROVIDES VALUE-ADDED SUPPORT TO SCHOOLS WITHIN THE NETWORK THAT PROVIDE STUDENTS IN UNDERSERVED COMMUNITIES WITH ACCESS TO HIGH-QUALITY PUBLIC EDUCATION. 2890437 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 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 34 0 32 1 1 1 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X ASHLEY DICKENS 6463204103 20 JAY STREET NO 211 BROOKLYN NY 11201 JAY MCNAMARA BOARD CHAIRMAN 2.00 X X 0 0 0 STEPHEN COOK VICE CHAIRMAN (THROUGH 11/2017) 2.00 X X 0 0 0 TIM TAYLOR TREASURER 1.00 X X 0 0 0 BRIAN COAD TRUSTEE 1.00 X 0 0 0 GRAEME DAYKIN TRUSTEE 1.00 X 0 0 0 LIZZ PAWLSON TRUSTEE 1.00 X 0 0 0 SUELLYN SCULL TRUSTEE 1.00 X 0 0 0 MORTON BALLEN CHIEF EXECUTIVE OFFICER 50.00 X X 291818 0 19031 SHAWN-ANN MULLEN CHIEF FINANCIAL OFFICER 50.00 X 169430 0 18677 SAMUEL FRAGOMENI CHIEF ACADEMIC OFFICER 50.00 X 84392 0 17997 KEITH VIGRAHAM CHIEF STRATEGY OFFICER 50.00 X 101263 0 8194 REBECCA DAVERIN CHIEF OPERATING OFFICER 50.00 X 150916 0 12217 CHRISTINA FROEB SUPERINTENDENT FROM 7.1.2017 50.00 X 91490 0 5016 CAROLYN MAUER COO FROM 102017 EXECUTIVE OFFICER FROM 1.2018 50.00 X 34855 0 4891 RYAN SMITH SENIOR DIRECTOR OF PROGRAM OPERATIONS 50.00 X 116934 0 24877 LEAH SHALEV - MANAGING DIRECTOR OF TALENT (THROUGH 10.10.2017) 50.00 X 105548 0 25725 ASHLEY DICKENS MANAGING DIRECTOR, FINANCE 50.00 X 111439 0 10960 JESSICA WILLM DIR OF MATH CURRICULUM& INSTRUCTION 50.00 X 105279 0 19293 KRISTA JAHN DIRECTOR OF EARLY CHILDHOOD INSTRUCTION 50.00 X 105848 0 3102 1469212 0 169980 9 0 1 0 THE NEW TEACHER PROJECT 186 JORALEMON STREET STE 300 BROOKLYN NY 11201 ADVERTISING AND RECRUITMENT 109258 1 31958 17000 48958 MANAGEMENT SERVICE FEE 541610 3570720 3570720 3570720 3619678 3570720 0 0 1008510 716478 291029 1003 1566933 1113200 452175 1558 44350 31508 12798 44 203437 144529 58706 202 204034 144951 58879 204 6282 6282 12500 12500 272636 122408 150228 57010 20081 36901 28 66371 56416 9955 123686 87871 35692 123 44414 34398 9993 23 39537 30620 8896 21 76398 54275 22047 76 22395 22395 RECRUITING 188651 160354 28297 STAFF DEVELOPMENT 187404 173348 14050 6 4124548 2890437 1230823 3288 2341456 1582447 5165 990 15002 358717 380382 259419 158687 120963 91758 129130 2606903 2197412 249523 347761 249523 347761 X 2357380 1849651 2357380 1849651 2606903 2197412 X -504870 -2859 X X 0 1 X 1 0 X 1164836 457577 99890 83917 48958 1855178 1164836 457577 99890 83917 48958 1855178 709177 1146001 560 150 710 1855888 10198992 0.61750 0.54150 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2013 AMOUNT: $ 560. 2014 AMOUNT: $ 150. 91164 27349 63815 178960 130764 48196 110258 101306 8952 120963 SECURITY DEPOSIT 25575 DUE FROM AFFILIATES 103555 129130 X 3622249 2571 2571 3619678 0 3619678 4129978 2571 2859 5430 4124548 0 4124548 PART X, LINE 2: ESI RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT ESI HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ESI 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 ASSETS REPORTED ON PART XI: 2,859. X X X X 0 0 0 0 0 0 0 1 0 MORTON BALLEN CHIEF EXECUTIVE OFFICER 291818 0 0 0 0 0 9000 0 10031 0 310849 0 0 0 SHAWN-ANN MULLEN CHIEF FINANCIAL OFFICER 166930 0 2500 0 0 0 8426 0 10251 0 188107 0 0 0 REBECCA DAVERIN CHIEF OPERATING OFFICER 148416 0 2500 0 0 0 2217 0 10000 0 163133 0 0 0 PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BONUSES AS REPORTED ON FORM 990, PART VII: CAROLYN MAUER, EXECUTIVE OFFICER- $5,500 SHAWN-ANN MULLEN, CHIEF FINANCIAL OFFICER- $2,500 REBECCA DAVERIN, CHIEF OPERATING OFFICER- $2,500 RYAN SMITH, SENIOR DIRECTOR OF PROGRAM OPERATIONS- $2,500 ASHLEY DICKENS, MANAGING DIRECTOR, FINANCE- $2,500 JESSICA WILLM, - $2,500 KRISTA JAHN, - $2,500 FORM 990, PART VI, SECTION B, LINE 11B SENIOR MANAGEMENT REVIEWS THE FORM 990 AND THEN FORWARDS IT TO THE FINANCE COMMITTEE FOR THEIR REVIEW. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD THE FORM 990 TO THE AUDITING FIRM AND A FINAL VERSION OF THE FORM 990 IS THEN DISTRIBUTED TO ALL THE ORGANIZATION'S BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ELECTION TO THE BOARD, AND THEREAFTER ON AN ANNUAL BASIS, ALL TRUSTEES 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 ORGANIZATION FOR A FEE OR OTHER COMPENSATION, AND ANY INTEREST SUCH TRUSTEE MAY HAVE AS A RESULT OF A POSITION OR OTHER RELATIONSHIP WITH ANY NOT-FOR-PROFIT CORPORATION WITH WHICH THE ORGANIZATION HAS AN ATTORNEY-CLIENT OR OTHER BUSINESS RELATIONSHIP (COLLECTIVELY, A "CONFLICT OF INTEREST"). ADDITIONALLY, THE ORGANIZATION 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 2017. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE DOES A MARKET ANALYSIS TO COMPARE CHIEF EXECUTIVE OFFICER AND OTHER LEADERSHIP POSITION SALARIES IN SIMILAR ORGANIZATIONS AND IS ALSO INVOLVED IN THE APPROVAL FOR THE ANNUAL BUDGET FOR THE ORGANIZATION. THIS PROCESS LAST OCCURED IN 2017 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 20 JAY STREET #211, BROOKLYN, NY 11201, OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-989-6730. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -2,859. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE 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.