2018-05-15T10:34:54-05:00 2017-06-30 271728945 PKF O'Connor Davies LLP 665 Fifth Avenue New York NY 10022 990 2016-07-01 464341617 BROOKLYN LABORATORY CHARTER SCHOOL INC BROO 3475938369 240 JAY STREET BROOKLYN NY 11201 ERIC M TUCKER EXECUTIVE DIRECTOR 3474298439 2018-05-15 1 Garrett M Higgins P00543209 2122862600 2018-05-15 2016 2022-09-23 18:48:47Z ERIC M TUCKER 240 JAY STREET BROOKLYN NY 11201 11174991 0 X www.brooklynlaboratoryschool.org X 2013 NY Brooklyn Laboratory Charter School (LAB) prepares students, including English language learners, students with disabilities, and over-age under-credited students, with the academic foundation, digital literacy, and leadership skills necessary to excel in college and professional life as they grow as ethical leaders. 8 8 81 11 0 0 808093 2021813 4880452 9126535 18 2202 0 24441 5688563 11174991 0 0 0 0 2064904 4277416 0 0 0 2143246 4925834 4208150 9203250 1480413 1971741 2049819 8251142 420308 4649890 1629511 3601252 X Brooklyn Laboratory Charter School (LAB) prepares students, including English language learners, students with disabilities, and over-age under-credited students, with the academic foundation, digital literacy, and leadership skills necessary to excel in college and professional life as they grow as ethical leaders. 0 0 7931146 9126535 EXPENSES DIRECTLY ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED EDUCATIONAL COSTS. FOR THE 2016-2017 SCHOOL YEAR, WE SERVED APPROXIMATELY 427 STUDENTS IN GRADES SIXTH, SEVENTH, AND EIGHTH. 7931146 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 9 0 81 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ERIC M TUCKER 3474298439 240 JAY STREET BROOKLYN NY 11201 Mickey Revenaugh CHAIR 1.00 X X 0 0 0 Jayne Rosefield VICE CHAIR THRU 11/29/16 1.00 X X 0 0 0 Corey Scholes VICE CHAIR 1.00 X X 0 0 0 Andrew Epstein TREASURER 2.00 X X 0 0 0 Hillary McAndrews SECRETARY THRU 08/31/16 1.00 X X 0 0 0 Adrien Siegfried SECRETARY 1.00 X X 0 0 0 Theodore Quinn TRUSTEE thru 04/05/17 1.00 X 0 0 0 Nadine Augusta TRUSTEE 1.00 X 0 0 0 GARY WOOD TRUSTEE 1.00 X 0 0 0 Walter Loughlin TRUSTEE 1.00 X 0 0 0 Tokumbo Shobowale TRUSTEE thru 07/05/18 1.00 X 0 0 0 ERIC M TUCKER EXECUTIVE DIRECTOR 60.00 X 189781 0 29749 Jonathan McIntosh Middle School Director 40.00 X 149834 0 28580 339615 0 58329 2 0 1 0 Sprout LLC 1669 East New York Avenue Brooklyn NY 11212 Construction Services 1265920 InnovateEDU Inc 230 Ashland Place Ste 19C brooklyn NY 11217 Educational Services 808591 AKA Studio LLC 372 Broad Street Ste 4 Bloomfield NJ 07003 Construction Services 172304 Enobrac Plumbing Inc 508 Morgan Avenue brooklyn NY 11222 Plumbing Services 153600 Capacity Rise LLC 171 Clermont Avenue Apt 5H Brooklyn NY 11205 Development Services 128650 8 529795 1492018 2021813 GOV'T PER-PUPIL REV. 611000 7968202 7968202 GOV'T PER-PUPIL FACILITIES FUNDIN 611000 1158333 1158333 9126535 2202 2202 prior year tax refund 900099 24272 24272 other income 900099 169 169 24441 11174991 9126535 0 26643 X 424623 297236 127387 3255916 2891063 364853 59502 53423 6079 205582 188408 17174 331793 288444 43349 96723 84086 12637 136470 136470 25250 25250 1321878 1149176 172702 74021 64350 9671 316263 291544 24719 129657 112717 16940 1753102 1524061 229041 38624 33577 5047 1336 1162 174 109525 95216 14309 200804 174569 26235 51523 44791 6732 FOOD SERVICES 288976 288976 REPAIRS AND MAINTENANCE 167586 145691 21895 STUDENT SERVICES 126526 126526 STAFF DEVELOPMENT 62647 54463 8184 24923 21667 3256 9203250 7931146 1272104 0 454879 1439952 1738750 297878 346534 22356 26273 59788 242275 3386360 328721 857591 3057639 357327 1399719 2049819 8251142 359908 564319 19775 0 3376177 40625 709394 420308 4649890 X 1629511 2201252 0 1400000 1629511 3601252 2049819 8251142 1971741 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2881968 174533 2707435 182791 58978 123813 321601 95210 226391 3057639 SECURITY DEPOSITS 386831 RESTRICTED CASH 1012888 1399719 DEFERRED RENT 709394 709394 X 11505322 330331 330331 11174991 0 11174991 9533581 330331 330331 9203250 0 9203250 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. All returns filed by the School are subject to examinations by the applicable taxing jurisdictions. 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. PROC. 75-50. Schedule E, Part I, Line 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS AND CHARTER SCHOOL PROGRAM (CSP) TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X 0 0 0 0 0 0 0 0 0 ERIC M TUCKER EXECUTIVE DIRECTOR 160043 0 0 0 29738 0 4988 0 24761 0 219530 0 29738 0 Jonathan McIntosh Middle School Director 149834 0 0 0 0 0 4656 0 23924 0 178414 0 0 0 Form 990, Part VI, Section B, line 11b FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE and audit 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 12c THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY POTENTIAL OR ACTUAL CONFLICT OF INTERESTS TO THE BOARD OR COMMITTEE. AFTER THE INTERESTED PERSON DISCLOSES ALL MATERIAL FACTS, THE INDIVIDUAL SHALL LEAVE THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE BOARD MINUTES OF THE MEETING SHALL DISCLOSE THE NAME OF THE INTERESTED PERSON, THE CONFLICT OF INTEREST, THE NAMES OF THE INDIVIDUALS AT THE MEETING, AND THE RESULT OF THE VOTE HELD BY THE BOARD OR COMMITTEE. ANNUALLY, ALL INTERESTED PERSONS SHALL SIGN A STATEMENT OF AFFIRMATION STATING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, AND AGREE TO ABIDE BY IT. Form 990, Part VI, Section B, line 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S DIRECTORS AND KEY EMPLOYEES (IF ANY) INCLUDES THE USE OF COMPARABLE DATA SUCH AS THE FORM 990 OF OTHER ORGANIZATIONS. THE BOARD OF TRUSTEES REVIEWS THE COLLECTED DATA AND VOTES ON THE COMPENSATION. THE PROCESS LAST OCCURRED IN 2017, AND IS DOCUMENTED IN THE MINUTES OF THE BOARD. Form 990, Part VI, Section C, line 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS. Form 990, Part IX, line 11g PAYROLL SERVICE FEE: Program service expenses 4,323. Management and general expenses 650. Fundraising expenses 0. Total expenses 4,973. ADMIN & TEMP STAFFING: Program service expenses 27,158. Management and general expenses 4,081. Fundraising expenses 0. Total expenses 31,239. EDUCATIONAL SERVICE: Program service expenses 737,844. Management and general expenses 110,886. Fundraising expenses 0. Total expenses 848,730. CONSULTANT EXPENSES: Program service expenses 359,506. Management and general expenses 54,028. Fundraising expenses 0. Total expenses 413,534. OTHER PURCHASED SERVICES: Program service expenses 20,345. Management and general expenses 3,057. Fundraising expenses 0. Total expenses 23,402. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITORS.