2018-05-03T15:31:35-05:00 2017-06-30 271728945 PKF O'Connor Davies LLP 665 Fifth Avenue New York NY 10022 990 2016-07-01 274092757 EXPLORE CHARTER SCHOOLS OF BROOKLYN EXPL 7183033245 1077 REMSEN AVENUE BROOKLYN NY 11236 Peter Walker treasurer 7183033245 2018-05-03 1 Garrett M Higgins P00543209 2128678000 2018-05-03 4.15.211.182 2018-05-03 13:25:11 ED P 50AE88BF338F2B2A4D8AEB6DDE55E8A0A19FF87C 76A25249E5E94ADAA4B6AEE04382CED6247CFD88 2016 2021-01-29 14:40:06Z peter walker 1077 REMSEN AVENUE BROOKLYN NY 11236 35266036 0 X WWW.EXPLORENETWORK.ORG X 2010 NY To provide kindergarten through eighth grade education. 4 4 425 9 0 0 2070400 1683345 30717675 33581293 602 545 761 853 32789438 35266036 0 0 0 0 22016200 24512840 0 0 0 8704754 8918491 30720954 33431331 2068484 1834705 15970608 16862117 4254200 3317374 11716408 13544743 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 20115831 29323776 GENERAL EDUCATION - PROVIDED CLASSROOM CURRICULUM TO STUDENTS IN KINDERGARTEN THROUGH eighth GRADE FOR THE 2016-2017 ACADEMIC YEAR. WE SERVED 2,091 STUDENTS FOR A FULL YEAR OF CLASSROOM INSTRUCTION. 7746202 4257517 For the 2016-2017 school year, 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. 27862033 1 1 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 65 0 425 1 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 1 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 GRAEME DAYKIN CHAIRman until September 2016 2.00 X X 0 0 0 Kimesha Carnegie Vice-Chair until June 2017 2.00 X X 0 0 0 Peter Walker Treasurer 2.00 X X 0 0 0 Morty Ballen TRUSTEE 1.00 X 0 0 0 Beth Cohen TRUSTEE until May 2017 1.00 X 0 0 0 Jana Reed TRUSTEE 1.00 X 0 0 0 Christina Cotter principal 50.00 X 133816 0 24077 Karen Francois principal 50.00 X 139066 0 12155 Kevin mara Principal 50.00 X 128182 0 26903 Curtis Palmore principal 50.00 X 160679 0 29410 Michal-Anne Fox principal until August 2016 50.00 X 80785 0 742 Jarren Kanze assistant principal 50.00 X 121093 0 12706 Joanna Ngo assistant principal 50.00 X 120804 0 18862 Thomas Anthony Academic Director 50.00 X 117018 0 12545 Ashonna Babb-Ingram Academic Director 50.00 X 114948 0 27781 Anthony Constantino Academic Director 50.00 X 111648 0 20577 1228039 0 185758 14 0 1 0 Explore Schools Inc 20 Jay Street suite 504 Brooklyn NY 11201 Management 3872769 1 1656241 27104 1683345 GOV'T PER-PUPIL REV. 611000 33581293 33581293 33581293 545 545 Miscellaneous Revenue 900099 853 853 853 35266036 33581293 0 1398 666057 576628 89429 19119962 16550405 2569557 162583 140754 21829 2886940 2481084 405856 1677298 1452094 225204 3414567 2239555 1175012 27203 27203 58563 58563 1196267 970133 226134 183138 78385 104753 569307 396103 173204 965739 820878 144861 22696 14350 8346 364551 230491 134060 484788 338284 146504 161799 137529 24270 Curriculum and Classroo 923086 923086 Student and Family Serv 311528 311528 STUDENT FOOD SERVICE 85134 85134 Repairs & Maintenance 73034 62079 10955 77091 53533 23558 33431331 27862033 5569298 0 11392236 11332729 1451212 1546619 467130 603931 500981 1233922 217792 156991 4378208 2681363 1650315 1696845 290942 291080 15970608 16862117 3003857 3190987 70305 60204 1180038 66183 4254200 3317374 X 11716408 13544743 11716408 13544743 15970608 16862117 X 1834705 -6370 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1154052 69832 1084220 2675134 2134217 540917 549022 477314 71708 1696845 Due to Explore Schools, Inc. 66183 66183 X 35266036 0 35266036 0 35266036 33437701 6370 6370 33431331 0 33431331 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, 2014. Part XII, Line 2d - Other Adjustments: Loss on disposal of asset reported on Part XI, Line 9: 6,370. 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 New York City Department of Education. The school received federal funding through the 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 Christina Cotter principal 128616 0 5200 0 0 0 3915 0 20162 0 157893 0 0 0 Karen Francois principal 134006 0 5060 0 0 0 2690 0 9465 0 151221 0 0 0 Kevin mara Principal 125682 0 2500 0 0 0 0 0 26903 0 155085 0 0 0 Curtis Palmore principal 158299 0 2380 0 0 0 2452 0 26958 0 190089 0 0 0 Part I, Line 7 The following individuals received performance bonuses as reported on Form 990, Part VII: Christina Cotter, Principal- $5,200 Karen Francois, Principal- $5,060 Kevin Mara, Principal- $2,500 Curtis Palmore, Principal- $2,380 Jarren Kanze, Assistant Principal- $2,200 Joanna Ngo, Assistant Principal- $1,200 Thomas Anthony, Academic Director- $2,870 Ashonna Babb-Ingram, Academic Director- $3,300 Anthony Constantino, Academic Director- $2,200 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, 2017 was $3,414,567. Form 990, Part VI, Section A, line 4 The organization amended its bylaws in October 2016 to replace the Ex-Officio parent representative with a voting parent representative on the board. Article 3.C.4.b was amended to read as follows: Each Trustee shall hold office for a term of either two (2) years or three (3) years or until earlier death, resignation or removal. The term of the Trustees appointed by Explore Schools, Inc. will coincide with the length of the management services contract between the Corporation and Explore Schools, Inc., and the Term of each such Trustee may be renewed with each contract renewal. 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 2017. 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 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 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 -6,370. 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.