2017-03-13T15:30:06-05:00 2016-06-30 133842744 MBAF CPAS LLC 440 PARK AVE SOUTH NEW YORK NY 10016 990 2015-07-01 271936773 INWOOD ACADEMY FOR LEADERSHIP CHARTER SCHOOL INWO 2129421450 108 COOPER STREET NEW YORK NY 10034 TOMAS ALMONTE BOARD TREASUER 2129421450 2017-03-13 1 MARC TAUB CPA P00236664 2125761400 2015 2021-01-29 14:40:06Z CHRISTINA REYES 108 COOPER STREET NEW YORK NY 10034 12962676 0 X WWW.INWOODACADEMY.ORG X 2009 NY SEE SCHEDULE OTO EMPOWER STUDENTS IN THE INWOOD AND WASHINGTON HEIGHTS AREAS OF NEW YORK CITY TO BECOME AGENTS FOR CHANGE THROUGH COMMUNITY-FOCUSED LEADERSHIP, CHARACTER DEVELOPMENT, AND COLLEGE PREPAREDNESS. 6 6 170 8 0 0 72876 130637 10307063 12831990 233 49 0 0 10380172 12962676 0 0 0 0 6247316 7972314 0 0 134299 3794906 3860160 10042222 11832474 337950 1130202 2376076 3534859 808012 836593 1568064 2698266 TO EMPOWER STUDENTS IN THE INWOOD AND WASHINGTON HEIGHTS AREAS OF NEW YORK CITY TO BECOME AGENTS FOR CHANGE THROUGH COMMUNITY-FOCUSED LEADERSHIP, CHARACTER DEVELOPMENT, AND COLLEGE PREPAREDNESS. 0 0 10278183 12831990 INWOOD ACADEMY FOR LEADERSHIP'S ACADEMIC PROGRAM IS DESIGNED TO INSPIRE STUDENTS' INTELLECTUAL CURIOSITY AND CONFIDENCE. OUR PROGRAM UTILIZES THE CORE KNOWLEDGE PROGRAM TO PAIR CONTENT KNOWLEDGE WITH SKILLS DEVELOPMENT. ALL INWOOD ACADEMY FOR LEADERSHIP SCHOLARS TAKE CLASSES IN FOUR CORE SUBJECTS - ENGLISH LANGUAGE ARTS, SCIENCE, SOCIAL STUDIES AND MATHEMATICS - AS WELL AS ART, SPANISH, MUSIC, WRITING, PHYSICAL EDUCATION AND HEALTH. 10278183 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 17 0 1 170 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JENNY PICHARDO 2123040103 108 COOPER STREET NEW YORK NY 10034 RAHSAAN GRAHAM CHAIRMAN 5.00 X X 0 0 0 EILEEN BANNON SECRETARY THROUGH MARCH 2016 5.00 X X 0 0 0 MATT MAHONEY VICE CHAIRMAN 5.00 X X 0 0 0 JON ZUCKER TREASURER THROUGH MAY 2016 5.00 X X 0 0 0 ELYSSA SIMINERIO BOARD MEMBER 5.00 X 0 0 0 JOANN LOONEY SECRETARY SINCE MAY 2016 5.00 X X 0 0 0 TOMAS ALMONTE TREASURER SINCE MAY 2016 5.00 X X 0 0 0 LOURDES RODRIGUEZ BOARD MEMBER 5.00 X 0 0 0 CHRISTINA REYES EXECUTIVE DIRECTOR 40.00 X 151623 0 16384 JENNY PICHARDO CFO 40.00 X 59620 0 612 211243 0 16996 1 0 1 0 QUEDAN CONSTRUCTION SERVICES INC 38-34 11TH ST LONG ISLAND CITY NY 11101 ARCHITECTS 275597 RED RABBIT LLC 1751 PARK AVE NEW YORK NY 10035 FOOD CATERERS 176704 PERFECT OFFICE CLEANING CORP 1343 CLINTON AVE SUITE 1 BRONX NY 10456 OFFICE CLEANING 169782 NETWORK INFORMATION TECHNOLOGY 314 ROUTE 22 WEST SUITE B GREEN BROOK NJ 08812 TECHNOLOGY CONSULTANTS 145258 CHARTER SCHOOL BUSINESS MANAGEMENT 237 WEST 35TH ST SUITE 301 NEW YORK NY 10001 FINANCIAL CONSULTING SERVICES 114148 6 130637 130637 STATE AND LOCAL PER PUPIL OPERATI 900099 11491775 11491775 FEES FROM GOVERNMENT CONTRACTS 900099 1340215 1340215 12831990 49 49 12962676 12831990 0 49 270796 230176 27080 13540 6248128 5580488 586309 81331 156418 139708 14677 2033 744626 664328 69978 10320 552346 492401 51963 7982 7778 7778 136209 136209 472775 290352 174923 7500 89551 3031 86520 178942 159631 19311 1370194 1221491 148703 7077 6309 768 482402 430048 52354 52429 46739 5690 FOOD SERVICES 347205 347205 SUPPLIES/MATERIALS 214823 211388 3435 STAFF DEVELOPMENT 170717 152190 18527 STUDENT SERVICES 148552 140394 8158 181506 162304 19202 11832474 10278183 1419992 134299 110260 522945 69562 360111 159910 455232 5987 7844 3456437 1320333 2030357 2136104 0 52623 2376076 3534859 526174 455920 9925 281838 370748 808012 836593 X 1568064 2698266 1568064 2698266 2376076 3534859 1130202 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1881913 508640 1373273 646576 452610 193966 927948 359083 568865 2136104 DEFERRED RENT 304116 CAPITAL LEASE OBLIGATION 66632 370748 X 12962676 0 12962676 0 12962676 11832474 0 11832474 0 11832474 PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS FOR FISCAL YEARS BEFORE 2013. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS PAID. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. SHOULD THERE BE INTEREST ON UNDERPAYMENTS OF INCOME TAX, THE SCHOOL WOULD CLASSIFY IT AS "INTEREST EXPENSE." THE SCHOOL WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENTS OF TAX AS "OTHER EXPENSE." 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IALCS PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL CHARTER SCHOOL APPLICATIONS. IT READS "IALCS IS A PUBLIC SCHOOL AND DOES NOT DISCRIMINATE IN ANY WAY INCLUDING ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, RELIGION, GENDER, ACADEMICS, OR DISABILITY." SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT AWARD SCHOLARSHIPS OR OFFER FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED GRANTS AND FUNDING FOR GENERAL EDUCATION AND SPECIAL EDUCATION PER PUPIL FROM STATE AND LOCAL GOVERNMENT AGENCIES AS WELL AS OTHER GOVERNMENT GRANTS. X X X 0 0 0 0 0 0 0 0 0 CHRISTINA REYES EXECUTIVE DIRECTOR 151623 0 0 0 0 0 4800 0 11584 0 168007 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS THE 990 AND REPORTS TO THE GOVERNING BODY ON THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THERE IS ANNUAL REVIEW OF THE CONFLICT OF INTEREST POLICY AND THE DISCLOSURES ARE SIGNED BY THE BOARD ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE OF THE BOARD EVALUATES THE EXECUTIVE DIRECTOR AND PRINCIPAL'S COMPENSATION IN CONJUNCTION WITH INFORMATION AVAILABLE REGARDING COMPARABLE POSITIONS. THE COMMITTEE UTILIZES SALARY INFORMATION FROM OTHER CHARTER SCHOOLS IN ITS DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 ALL THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT NO COST TO THE PUBLIC. THE ORGANIZATION'S FORM 990 IS AVAILABLE BOTH UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.