2018-05-11T07:32:06-05:00 2017-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2016-07-01 450522191 EXCELLENCE COMMUNITY SCHOOLS INC EXCE 7188287301 2090 7TH AVENUE NEW YORK NY 10027 JOYCE FROST CHAIRPERSON 7188287301 2018-05-09 1 MICHELLE CAIN P00150750 5854231860 2018-05-09 98.159.217.67 2018-05-09 13:48:07 ED P 501149EB233EA5A41CADA9B184A715E09E34FA20 78691A2E1A27D094FA44E2341A4A4DE28E875C2D 2016 2021-01-29 14:40:06Z JOYCE FROST 2090 7TH AVENUE NEW YORK NY 10027 6298268 0 X WWW.BRONXEXCELLENCE.ORG X 2003 NY EXCELLENCE COMMUNITY SCHOOLS, INC. RAISES FUNDS TO SUPPORT THE OPERATIONS OF THE BRONX CHARTER SCHOOL FOR EXCELLENCE. 8 8 15 10 0 0 785253 4064482 0 1834484 279 1303 8133 -105600 793665 5794669 71737 83139 0 0 0 2293539 0 0 300407 1194956 653430 1266693 3030108 -473028 2764561 2698928 6742714 2237176 3516401 461752 3226313 X THE MISSION OF EXCELLENCE COMMUNITY SCHOOLS, INC. IS TO HELP BRONX CHARTER SCHOOL FOR EXCELLENCE FULFILL ITS MISSION OF PREPARING YOUNG PEOPLE FROM NEW YORK CITY TO COMPETE FOR ADMISSION TO, AND SUCCEED IN, TOP PUBLIC, PRIVATE AND PAROCHIAL SCHOOLS THROUGH CULTIVATING THEIR INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL AND ETHICAL DEVELOPMENT. 0 0 1407872 83139 1835022 EXCELLENCE COMMUNITY SCHOOLS, INC. RAISES FUNDS TO SUPPORT THE OPERATIONS OF BRONX CHARTER SCHOOL FOR EXCELLENCE 1 AND 2 AND STAMFORD SCHOOL FOR EXCELLENCE. 1407872 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 37 0 1 15 1 0 0 0 0 0 1 1 0 0 0 0 X 8 8 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X CHARLENE REID 7188287301 2090 7TH AVENUE NEW YORK NY 10027 DEIRDRE FLYNN TREASURER 2.00 X X 0 0 0 JOYCE FROST CHAIRPERSON 2.00 X X 0 0 0 KORY APTON BOARD MEMBER 0.50 X 0 0 0 JANET ZAGORIN BOARD MEMBER 0.50 X 0 0 0 KIMBERLY HARTMAN SECRETARY 0.50 X X 0 0 0 ANDRA EHRENKRANZ VICE PRESIDENT 0.50 X X 0 0 0 WILLIE GIEST BOARD MEMBER 0.50 X 0 0 0 ANTHONY VERNACE BOARD MEMBER 0.50 X 0 0 0 MICHAEL LEWIS BOARD MEMBER THROUGH 6/28/17 0.50 X 0 0 0 JUAN MARTINEZ BOARD MEMBER THROUGH 10/20/16 0.50 X 0 0 0 CHARLENE REID CEO - EMPLOYEE OF BCSE THRU 6/30/16 50.00 X 216488 0 26239 CHARLENE REID CEO - EMPLOYEE OF ECS 7/1/16 50.00 X 119195 0 0 335683 0 26239 1 0 1 1 CHARTER SCHOOL BUSINESS MANAGEMENT 237 WEST 35TH STREET SUITE 301 NEW YORK NY 10001 FINANCIAL MANAGEMENT SERVICES 246195 1 787228 80187 3197067 4064482 MANAGEMENT FEE INCOME 611430 1834484 1834484 1834484 1303 1303 313869 313869 0 83592 787228 189730 -106138 -106138 OTHER 900099 538 538 538 5794669 1835022 0 -104835 83139 83139 155933 115773 33767 6393 1814581 1022131 630042 162408 37429 7486 22457 7486 143342 28669 86006 28667 142254 28451 85352 28451 22344 22344 259895 259895 31546 16350 11397 3799 62359 12474 37414 12471 21833 4526 12980 4327 207 41 125 41 72318 14464 43390 14464 1110 888 111 111 8321 1664 4993 1664 PROFESSIONAL DEVELOPMEN 97370 19473 58423 19474 STUDENT SERVICES 41200 41200 SPECIAL EVENTS 20259 10073 10186 EQUIPMENT AND FURNISHIN 12192 9552 2396 244 2476 1591 664 221 3030108 1407872 1321829 300407 2297140 2436947 326840 1377575 836714 59388 72519 27550 1110 5550 26440 10010 1992519 2698928 6742714 33007 607200 1790000 1369544 1000000 414169 539657 2237176 3516401 X 461752 2423412 0 802901 461752 3226313 2698928 6742714 2764561 0 X X 0 1 X 1 0 X 522152 249334 694519 785253 4064482 6315740 522152 249334 694519 785253 4064482 6315740 2015031 4300709 420 447 279 315172 316318 822 900 8133 538 10393 6642451 2124586 0.64750 X SCHEDULE A, PART 1 EXCELLENCE COMMUNITY CHARTER SCHOOLS, INC. NO LONGER IS A TYPE II SUPPORTING ORGANIZATION OF BRONX CHARTER SCHOOL FOR EXCELLENCE AS THERE IS NO LONGER CONTROL VIA COMMON BOARD MEMBERS AND OFFICERS. THEREFORE AS OF 7/1/16 THE ORGANIZATION REVERTED TO THEIR ORIGINAL IRS DETERMINATION LETTER CLASSIFICATION AS AN ORGANIZATION AS DESCRIBED IN SECTION 170(B)(10(A)(VI), PART I BOX 7. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5550 1110 4440 22000 22000 26440 SECURITY DEPOSITS 12167 DEFERRED LEASE RECEIVABLE, NET 145869 DUE FROM RELATED PARTIES 1834483 1992519 DUE TO RELATED PARTY 393788 DEFERRED LEASE LIABILITY 145869 539657 X 6300391 2123 503599 505722 5794669 0 5794669 3535830 2123 503599 505722 3030108 0 3030108 PART X, LINE 2: EXCELLENCE COMMUNITY SCHOOLS, INC. 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 ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK STATE. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2017, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2014. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2014 THROUGH JUNE 30, 2017 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE. MANAGEMENT OF THE ORGANIZATION BELIEVES THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, THEY HAVE NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 189,730. SUBLEASE RENTAL EXPENSE 313,869. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 189,730. SUBLEASE RENTAL EXPENSE 313,869. BLUE RIBBON GALA 870820 787228 83592 8502 103188 3000 75040 870820 787228 83592 8502 103188 3000 75040 189730 -106138 1 SCHOLARSHIPS 52 83139 PART I, LINE 2: STUDENTS COMPLETE THE GRANT REQUIREMENTS BY COMPLETING COMMUNITY SERVICE HOURS OR WORK STUDY HOURS, GIVE PROGRESS REPORTS AND REPORT CARDS TO MAINTAIN ELIGIBILITY. THEY ALSO MUST PROVIDE INFORMATION FROM PARENTS AND SCHOOL ABOUT FINANCIAL NEED. WE ARE IN CONTACT WITH RECEIVING SCHOOLS ABOUT THE SCHOLARSHIPS. THE SCHOLARSHIPS ARE SENT DIRECTLY TO THE SCHOOLS. X X X 0 0 0 0 0 0 0 0 0 CHARLENE REID CEO - EMPLOYEE OF BCSE THRU 6/30/16 116488 0 100000 0 0 0 11935 0 14304 0 242727 0 0 0 CHARLENE REID CEO - EMPLOYEE OF ECS 7/1/16 119195 0 0 0 0 0 0 0 0 0 119195 0 0 0 SCHEDULE J, PART II, LINE 1(I) CHARLENE REID IS AN EMPLOYEE OF EXCELLENCE COMMUNITY SCHOOLS, INC. AND AN OFFICER OF STAMFORD CHARTER SCHOOL FOR EXCELLENCE, INC. AND BRONX CHARTER SCHOOL FOR EXCELLENCE, UNRELATED BUT AFFILIATED 501(C)3 CHARTER SCHOOLS. BRONX CHARTER SCHOOL FOR EXCELLENCE PAYS EXCELLENCE MANAGEMENT FEES FOR THE SERVICES PROVIDED INCLUDING THE SERVICES OF THIS OFFICER. CHARLENE REID WAS AN EMPLOYEE OF BRONX CHARTER SCHOOL FOR EXCELLENCE UNTIL 7/1/16 WHEN SHE WAS TRANSFERRED TO EXCELLENCE COMMUNITY SCHOOLS, INC. THEREFORE, CHARLENE REID RECEIVED A 2016 W2 FROM BOTH BRONX CHARTER SCHOOL FOR EXCELLENCE AND EXCELLENCE COMMUNITY SCHOOLS, INC. THE AMOUNT PAID TO CHARLENE REID BY BRONX CHARTER SCHOOL FOR EXCELLENCE INCLUDED ON LINE 1(I) FOR THE 2016 CALENDAR YEAR IS AS FOLLOWS: BASE WAGES $116,488 BONUS $100,000 RETIREMENT $ 11,935 NONTAXABLE BENEFITS $ 14,304 TOTAL $242,727 FORM 990, PART V, LINE 2A EFFECTIVE 7/1/16 CHARLENE REID, TANYA GHANS, AND 8 OTHER EMPLOYEES OF BRONX CHARTER SCHOOL FOR EXCELLENCE WERE TRANSFERRED TO EXCELLENCE COMMUNITY SCHOOLS, INC.. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED THEIR BY-LAWS JUNE 28, 2017 TO UPDATE FOR THE CURRENT NAME OF THE CORPORATION; MEETING NOTICE PROVISIONS; DESCRIPTIONS OF THE FUNCTIONS, DUTIES AND INTERRELATIONSHIPS; BOARD MEMBER'S TERMS, INDEMNIFICATION PROVISIONS AND OTHER PROVISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CHAIRMAN AND TREASURER OF THE BOARD REVIEW THE DRAFT 990 BEFORE IT IS FILED. THE ENTIRE FORM 990 IS EMAILED TO THE COMPLETE BOARD OF TRUSTEES 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, OFFICERS, 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 CEO IS RESPONSIBLE FOR ENSURING THAT ALL OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES OF EXCELLENCE COMMUNITY SCHOOLS, INC. COMPLETE THEIR FORMS AND FOR REVIEWING THE EXCECUTED FORMS FOR ANY PROBLEMATIC CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 FROM TIME TO TIME THE BOARD OF TRUSTEES MUST HIRE KEY EMPLOYEES AND OFFICERS. 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 THE ORGANIZATION FOR THE POSITION. ONCE THE SALARY IS SET, SUBSEQUENT INCREASES WILL BE BASED ON PERFORMANCE AND EXTRAORDINARY PERFORMANCE WILL BE RECOGNIZED THROUGH BONUSES. THE BOARD USES APPLICABLE COMPENSATION SURVEYS AND THE 990'S FOR NON PROFITS OF SIMILAR SIZE AND COMPLEXITY. THIS CROSS COMPARISON PROVIDES SOME BROADER PERSPECTIVE TO ACCOUNT FOR THE EMERGENCE OF MORE STABLE AND SEASONED SENIOR STAFF. THE COMPENSATION FOR OTHER MANAGEMENT POSITIONS ARE REVIEWED AND APPROVED AS FOLLOWS: 1. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE ORGANIZATIONAL CHART OF ECS ESTABLISHING LINES OF ACCOUNTABILITY. 2. THE EXECUTIVE COMMITTEE VERIFIES THE EVALUATION PROCESSES AND PERFORMANCE REVIEW PROCEDURES. 3. THE EXECUTIVE COMMITTEE REVIEWS COMPARATIVE SALARY INFORMATION PROVIDED OR OTHER COMPARABLE RESEARCH USING 990'S TO ENSURE THAT THE SALARY STRUCTURE CONTINUES TO ATTRACT AND MAINTAIN QUALITY EMPLOYEES. 4. THE BOARD OF TRUSTEES APPROVES THE SALARY OF THE CEO AS WELL AS SALARY RECOMMENDATIONS MADE BY THE PRESIDENT FOR THE "KEY EMPLOYEES/HIGHEST COMPENSATED INDIVIDUALS". 5. CONTEMPORANEOUS SUBSTANTIATION AND RECORDKEEPING FOR DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT WAS MADE. FORM 990, PART VI, SECTION C, LINE 19 EXCELLENCE COMMUNITY SCHOOLS, INC. MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS IS CONSISTENT WITH PRIOR YEARS.