2018-05-21T13:58:01-05:00 2017-08-31 390859910 Baker Tilly Virchow Krause LLP One Penn Plaza Suite 3000 New York NY 10119 990 2016-09-01 270753913 BLUE SCHOOL BLUE 2122286341 241 WATER STREET NEW YORK NY 10038 susan roberson cfo 2122286341 2018-05-12 1 Patrick Yu CPA P00675982 2126976900 X 2016 2022-09-23 18:48:47Z susan roberson 241 WATER STREET NEW YORK NY 10038 11718262 0 X WWW.BLUESCHOOL.ORG X 2008 NY BLUE SCHOOL'S MISSION IS TO DEVELOP AND SHARE AN INQUIRY-BASED APPROACH TO EDUCATION THAT FOSTERS CREATIVITY, PROMOTES ACADEMIC EXCELLENCE, NURTURES HUMAN RELATIONSHIPS AND INSPIRES A LIFELONG PASSION FOR LEARNING. 18 18 104 150 0 0 1573255 3003637 7692803 7982247 9295 3361 897541 531009 10172894 11520254 0 0 0 0 6334016 7115672 0 0 658671 4291368 6835863 10625384 13951535 -452490 -2431281 66000648 118515137 71617685 127207851 -5617037 -8692714 BLUE SCHOOL'S MISSION IS TO DEVELOP AND SHARE AN INQUIRY-BASED APPROACH TO EDUCATION THAT FOSTERS CREATIVITY, PROMOTES ACADEMIC EXCELLENCE, NURTURES HUMAN RELATIONSHIPS AND INSPIRES A LIFELONG PASSION FOR LEARNING. 0 0 10713745 7982247 BLUE SCHOOL IS A N-8 SCHOOL IN DOWNTOWN MANHATTAN. SPANNING THE FOUNDATIONAL FIRST DECADE OF LIFE, THE BLUE SCHOOL EDUCATION PROVIDES FOR A RICH AND UNIQUE RANGE OF INTEGRATED ACADEMIC, SOCIAL AND ARTISTIC EXPERIENCES. THROUGH OUR COMMITMENT TO COMMUNITY, CREATIVITYAND ACADEMIC VIGOR, BLUE SCHOOL NURTURES A FERTILE IMAGINATION, A KEEN INTELLECT, A BIG HEART AND AN INSATIABLE PASSION FOR LEARNING. 10713745 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 42 0 1 104 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X David Levin-Controller 2122286341 241 WATER STREET NEW YORK NY 10038 RENEE ROLLERI CHAIR, co-founder 30.00 0.00 X X 0 0 0 MATTHEW R GOLDMAN vice chair, co-founder 30.00 0.00 X X 0 0 0 ERIC HUANG SECRETARY 5.00 0.00 X X 0 0 0 Stephen R Wilson TREASURER 5.00 0.00 X X 0 0 0 jennifer LAMBERTS stanton TRUSTEE, CO-FOUNDER 2.00 0.00 X 0 0 0 Jen Wink Hays TRUSTEE, CO-FOUNDER 2.00 0.00 X 0 0 0 Belgies Anan TRUSTEE 2.00 0.00 X 0 0 0 Lora Appleton TRUSTEE 2.00 0.00 X 0 0 0 Julian Barrowcliffe TRUSTEE 2.00 0.00 X 0 0 0 David Beal TRUSTEE 2.00 0.00 X 0 0 0 Erin Isakov TRUSTEE 2.00 0.00 X 0 0 0 Lisa Kaye trustee 2.00 0.00 X 0 0 0 Hozefa Lokhandwala TRUSTEE 2.00 0.00 X 0 0 0 Peter Masterson TRUSTEE 2.00 0.00 X 0 0 0 Kate Quarfordt TRUSTEE 2.00 0.00 X 0 0 0 David Rock PhD TRUSTEE 2.00 0.00 X 0 0 0 Valeh Vakili trustee 2.00 0.00 X 0 0 0 Lilah Fisher Wise trustee 2.00 0.00 X 0 0 0 Allison Gaines Pell HEAD OF SCHOOL to 6/30/17 40.00 0.00 X 286756 0 15987 virginia farrar head of school as of 6/30/17 40.00 0.00 X 0 0 0 JENNIFER ARDIZZONE-WEST EXECUTIVE DIRECTOR 40.00 0.00 X 247768 0 17022 marc bogursky cfo to 6/30/17 40.00 0.00 X 191108 0 12970 susan roberson cfo as of 7/1/17 40.00 0.00 X 0 0 0 lauren kardos director - middle school 40.00 0.00 X 158876 0 13310 patricia a lynch director - primary division 40.00 0.00 X 136654 0 12419 Ashley Faye Hughes director - operations 40.00 0.00 X 119547 0 11818 dawn willaims director - admissions 40.00 0.00 X 118162 0 22368 laura sedlock director - pre-primary division 40.00 0.00 X 109511 0 11294 1368382 0 117188 9 0 1 0 Mcgowan Builders 160 E Union Avenue east rutherford NY 07073 General COntractor 1319048 Rockwell Architecture 5 Union Square West new york NY 10003 architectural services 672484 Facet Construction 19 Fulton Street new york NY 10038 general COntractor 590668 CBRE PO Box 848844 los angeles NY 90084 construction management 247800 mge engineering 116 West 32 Street new york NY 10001 engineering services 211399 7 121564 2882073 3003637 TUITION & FEES 611600 7982247 7982247 7982247 3361 3361 198008 121564 198008 0 administration fees 900099 440000 440000 OTHER INCOME 900099 91009 91009 531009 11520254 8513256 0 3361 832181 372201 399831 60149 5178759 4239623 757352 181784 112141 95933 12666 3542 549513 430141 97943 21429 443078 341170 84185 17723 397473 330098 50227 17148 55301 55301 342194 226739 23612 91843 131175 127231 2745 1199 110694 84931 20172 5591 2258813 1739286 429175 90352 248616 191435 47237 9944 706422 543945 134220 28257 208216 160326 39561 8329 business development 1249368 962014 237380 49974 facility 355017 277635 63957 13425 recruitment expense 167206 112803 49410 4993 CLASSROOM SUPPLIES 135423 135423 469945 342811 74145 52989 13951535 10713745 2579119 658671 3658044 2898900 167657 150000 171908 45566 451995 309459 73728990 3912191 57145493 69816799 4405551 45294413 66000648 118515137 1479729 2138492 5476162 6269379 47323113 3500000 1800000 22462369 19934012 29829218 4239718 8870207 45503137 71617685 127207851 X -6134163 -11142714 517126 2450000 -5617037 -8692714 66000648 118515137 -2431281 -644396 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5387138 5387138 52802703 2886586 49916117 317303 232796 84507 15221846 792809 14429037 69816799 restricted cash 37402 Due from related organizations 27290570 Security Deposits & Other assets 275839 Assets whose use is limited 4682818 Bond Proceeds not drawn 13007784 45294413 CAPITAL LEASE PAYABLE 10430 ACCRUED INTEREST ON MORTGAGE PAYABLE 834358 Due to related organizations 42290570 Deferred Rent Payable 1167248 Bond Interest Payable 1108566 Security Deposits & Other Liabilities 91965 45503137 X 12121600 601346 601346 11520254 0 11520254 14552881 601346 601346 13951535 0 13951535 Part X, Line 2: The Organization follows the provisions of Accounting for Uncertainty in Income Taxes. Accounting for Uncertainty in Income Taxes prescribes recognition thresholds that must be met before a tax position is recognized in the consolidated financial statements and provides guidance on de-recognition, classification, interest and penalties, disclosure, and transition. Under Accounting for Uncertainty in Income Taxes, an entity may only recognize or continue to recognize tax positions that meet a more-likely-than-not threshold. All related interest and penalties would be expensed as incurred. The Organization has evaluated its tax position for the years ended August 31, 2017 and 2016, and does not believe it has any uncertain tax positions that would qualify for either recognition or disclosure in the accompanying consolidated financial statements. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 THE BLUE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY WAS PUBLISHED IN THE NY LAW JOURNAL IN 2010. spring fling 319572 121564 198008 16500 67155 81811 32542 319572 121564 198008 16500 67155 81811 32542 198008 0 X X X 0 0 0 0 0 0 0 0 0 Allison Gaines Pell HEAD OF SCHOOL to 6/30/17 286756 0 0 0 0 0 10356 0 5631 0 302743 0 0 0 JENNIFER ARDIZZONE-WEST EXECUTIVE DIRECTOR 247768 0 0 0 0 0 10265 0 6757 0 264790 0 0 0 marc bogursky cfo to 6/30/17 191108 0 0 0 0 0 7339 0 5631 0 204078 0 0 0 lauren kardos director - middle school 158876 0 0 0 0 0 6553 0 6757 0 172186 0 0 0 A BUILD NYC RESOURCE CORPORATION 454040561 12008ELZ7 2016-12-21 49339413 Purchase and renovation of commercial condo for the school's expansion. 0 0 0 A 49339413 3511075 1093773 8101345 23625437 13007784 2018 1 0 0 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 1 0 0 0 1 A 0 Schedule K Supplental Information The organization is in the process of drafting and implementing written post-issuance tax procedures, including procedures regarding non-qualified bonds under Regulation Sections 1.141-12 and 1.145-2, procedures to monitor the requirements of Section 148, and procedures regarding voluntary closing agreements if self-remediation is not available. Matt GoldmanRenee Rolleri BOARD MEMBER RENOVATIONS X 1800000 1800000 0 1 1 1800000 Dawn williams director-admissions 10550 STAFF DISCOUNT ON TUITION Erin Isakov Board Member 706370 Organization leases a condominium 0 Form 990, Part VI, Section A, line 2 FAMILY RELATIONSHIP - BOARD CHAIR - RENEE ROLLERI AND VICE CHAIR - MATTHEW GOLDMAN ARE MARRIED. Form 990, Part VI, Section A, line 6 THE MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Section A, line 7a THE MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11b THE SCHOOL'S POLICY IS TO PRESENT THE FORM 990 TO ITS BOARD OF TRUSTEES INCLUDING ALL REQUIRED SUPPLEMENTAL SCHEDULES. EACH MEMBER OF THE BOARD OF TRUSTEES WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO THE SUBMISSION OF THE FORM TO THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c TO ENSURE THE SCHOOL OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE SCHOOL'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FURTHER, WHEN CONDUCTING THE PERIODIC REVIEWS AS PROVIDED FOR IN ARTICLE VII, THE SCHOOL MAY, BUT NEED NOT, USE OUTSIDE ADVISORS. IF OUTSIDE EXPERTS ARE USED, THEIR USE SHALL NOT RELIEVE THE GOVERNING BOARD OF ITS RESPONSIBILITY FOR ENSURING PERIODIC REVIEWS ARE CONDUCTED. Form 990, Part VI, Section B, line 15 THE HEAD OF SCHOOL AND THE EXECUTIVE DIRECTOR'S SALARIES ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. Form 990, Part VI, Section C, line 19 THE SCHOOL MAKES VARIOUS OF ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Blue School FUnd I Manager LLC 241 Water STreet NEW YORK NY 10038 364779929 Managing member of Blue School Fund I, LLC DE -323038 90080 BLUE SCHOOL Blue School Holdings LLC 241 Water STreet NEW YORK NY 10038 300810808 Development and operation of the Blue School present and future projects DE 0 0 BLUE SCHOOL BLUE SCHOOL FUND 2 MANAGER LLC 241 Water STreet NEW YORK NY 10038 300874055 Managing member of Blue School Fund 2, LLC DE -339191 715463 BLUE SCHOOL BLUE SCHOOL REAL ESTATE LLC 241 Water STreet NEW YORK NY 10038 270753913 REAL ESTATE MANAGEMENT DE -1168061 69376103 BLUE SCHOOL BLUE SCHOOL FUND 3 MANAGER LLC 241 Water STreet NEW YORK NY 10038 352542304 Managing member of Blue School Fund 3, LLC DE -164800 439995 BLUE SCHOOL Blue school east asia llc 241 Water STreet nEW YORK NY 10038 611856895 consulting, teacher training, & other education initiatives with China DE 0 0 bLUE SCHOOL blue u llc 241 Water STreet nEW YORK NY 10038 301004978 develop teacher, administrator & parent training programs & curriculum DE 0 0 bLUE SCHOOL blue facilities inc 241 Water STreet new york NY 10038 814722559 support and benefit the School and its related not-for-profit entities NY 501(c)(3) Line 10 blue school 0 BLUE SCHOOL FUND 1 LLC 241 WATER STREET NEW YORK NY 10038 611733029 AIDING AND FUNDING THE EXPANSION OF THE SCHOOL PROJECT DE BLUE SCHOOL FUND 1 MANAGER LLC 0 0 Blue School Fund 2 LLC 241 WATER STREET NEW YORK NY 10038 320467977 DEVELOPMENT AND OPERATING OF THE BLUE SCHOOL PRESENT AND FUTURE PROJECTS DE BLUE SCHOOL FUND 2 MANAGER LLC 0 0 Blue School Fund 3 LLC 241 WATER STREET NEW YORK NY 10038 320475816 AIDING AND FUNDING THE EXPANSION OF THE SCHOOL PROJECT DE BLUE SCHOOL FUND 3 MANAGER LLC 0 0 blue holdings global inc 241 water street new york NY 10038 320543689 oversee monetization of Blue School IP DE blue school C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 BLUE SCHOOL FUND 1 LLC S 4500000 COST BLUE SCHOOL FUND 2 LLC S 6500000 COST BLUE SCHOOL FUND 3 LLC S 4000000 cOST