2017-04-25T15:35:45-05:00 2016-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2015-07-01 450507998 BRONX CHARTER SCHOOL FOR EXCELLENCE BRON 7188287301 1960 BENEDICT AVENUE BRONX NY 10462 CHARLENE REID EXECUTIVE DIRECTOR 7188287301 2017-04-13 1 MICHELLE CAIN P00150750 5854231860 2017-04-13 2015 2021-01-29 14:40:06Z CHARLENE REID 1960 BENEDICT AVENUE BRONX NY 10462 14773330 0 X WWW.BRONXEXCELLENCE.ORG X 2003 NY CHARTER SCHOOL BASED IN THE PARKCHESTER SECTION OF THE BRONX, SERVING GRADES K-8. THE SCHOOL WAS ESTABLISHED TO PREPARE YOUNG PEOPLE FROM NEW YORK CITY TO COMPETE FOR AMISSION TO, AND SUCCEED IN, TOP PUBLIC, PRIVATE, AND PAROCHIAL SCHOOLS. 6 6 105 6 0 0 1367526 702965 9690940 11962976 18505 4256 21260 400 11098231 12670597 0 0 0 0 6468452 6872542 0 0 32180 2411659 2572901 8880111 9445443 2218120 3225154 35157481 37357637 30625722 29601184 4531759 7756453 X THE SCHOOL WAS ESTABLISHED TO PREPARE YOUNG PEOPLE FROM NEW YORK CITY TO COMPETE FOR ADMISSION TO, AND SUCCEED IN, TOP PUBLIC, PRIVATE AND PAROCHIAL SCHOOLS BY CULTIVATING THEIR INTELLECTUAL, ARTISTIC, SOCIAL, EMOTIONAL AND ETHICAL DEVELOPMENT. THE SCHOOL OFFERS A CHALLENGING AND RIGOROUS ACADEMIC CURRICULUM WHICH AT THE EARLIEST OF GRADES HAS AN EYE TOWARDS COLLEGE PREPARATION. 0 0 7702013 11963376 BRONX CHARTER SCHOOL FOR EXCELLENCE IS A PUBLIC, CHARTER SCHOOL THAT PROVIDES ELEMENTARY EDUCATION TO ABOUT 772 CHILDREN IN KINDERGARTEN THROUGH 8TH GRADE. 7702013 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 60 0 105 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 0 0 X CHARLENE REID 7188287301 1960 BENEDICT AVENUE BRONX NY 10462 JOYCE FROST VICE PRESIDENT 2.00 2.00 X X 0 0 0 STACEY LAUREN BOARD CHAIR 2.00 X X 0 0 0 DEIRDRE FLYNN TREASURER 2.00 2.00 X X 0 0 0 MARDI SCHECTER SECRETARY 0.50 X X 0 0 0 TANYA OSBORNE PTA PRESIDENT 0.50 X 0 0 0 CHRIS HALL TRUSTEE 0.50 X 0 0 0 CHARLENE REID EXECUTIVE DIRECTOR 45.00 5.00 X 290623 0 23173 ALEISHA RODRIGUEZ PRINCIPAL 50.00 X 136868 0 14975 TANYA GHANS LITERACY COORDINATOR 50.00 X 141279 0 17453 DESIREE HUNTER PRINCIPAL 50.00 X 142895 0 5586 LYNETTE PARKER STAFF RESEARCHER 45.00 X 114704 0 11132 826369 0 72319 5 0 1 0 CITY CENTRAL FACILITY SOLUTIONS 300 W 14TH STREET NEW YORK NY 10014 CLEANING SERVICES 178699 OUR LADY OF SOLACE 731 MORRIS PARK AVE BRONX NY 10462 RENT 168000 CHARTER SCHOOL BUSINESS MANAGEMENT 237 WEST 35TH STREET SUITE 301 NEW YORK NY 10001 FINANCIAL MANAGEMENT SERVICES 162198 3 617638 85327 62560 702965 STATE AND LOCAL PER PUPIL FEES 611110 11956618 11956618 SCHOOL LUNCH FEES 611710 6358 6358 11962976 4256 4256 2102733 2102733 0 OTHER REVENUE 900099 400 400 400 12670597 11963376 0 4256 313795 156309 141796 15690 5023950 4576911 440192 6847 91934 86955 4979 1030399 931066 96287 3046 412464 370521 40430 1513 84 84 191898 191898 408156 374655 32046 1455 7528 6678 819 31 182309 165428 16122 759 322172 285819 35041 1312 197020 197020 375343 93567 281347 429 139492 139492 CURRICULUM AND CLASSROO 249782 245000 4609 173 REPAIRS AND MAINTENANCE 213988 189843 23274 871 STUDENT SERVICES 197572 197572 OTHER 62642 62642 24915 21689 3172 54 9445443 7702013 1711250 32180 2289748 487139 191365 475975 115704 97336 34274864 1956717 26372964 32318147 2607797 2510119 2005515 1574388 1468921 35157481 37357637 3076863 2300470 4897 2734 25933980 25692158 1540000 1540000 69982 65822 30625722 29601184 X 4371579 7581121 160180 175332 4531759 7756453 35157481 37357637 3225154 -460 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 914772 914772 5177334 416839 4760495 2482456 1055453 1427003 378300 273577 104723 25322002 210848 25111154 32318147 DEFERRED LEASE INCENTIVE 10747 DUE TO RELATED PARTY 55075 65822 13535797 -460 71995 793665 865200 12670597 0 12670597 10784131 71995 1266693 1338688 9445443 0 9445443 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF EXCELLENCE COMMUNITY SCHOOLS, INC. 793,665. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF EXCELLENCE COMMUNITY SCHOOLS, INC. 1,266,693. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INCLUDED IN ALL SOLICITATION MATERIALS SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION FOR PROVIDING CHARTER ELEMENTARY SCHOOL PROGRAM FOR KINDERGARTEN THROUGH 8TH GRADE. IN ADDITION, THE SCHOOL RECEIVED IDEA SPECIAL EDUCATION, OTPS, TITLE I AND II AND STIMULUS GRANTS. X X X 0 0 0 0 0 0 0 1 0 CHARLENE REID EXECUTIVE DIRECTOR 190623 0 100000 0 0 0 11403 0 11770 0 313796 0 0 0 ALEISHA RODRIGUEZ PRINCIPAL 116868 0 20000 0 0 0 7177 0 7798 0 151843 0 0 0 TANYA GHANS LITERACY COORDINATOR 111279 0 30000 0 0 0 11745 0 5708 0 158732 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUS BASED ON YEAR END REVIEW BY MEMBERS OF THE BOARD: - CHARLENE REID, EXECUTIVE DIRECTOR, RECIEVED $100,000 - TANYA GHANS, LITERACY COORDINATOR, RECEIVED $30,000 - ALEISHA RODRIGUEZ, PRINCIPAL, RECEIVED $20,000 A BUILD NYC RESOURCE CORP TAX EXEMPT REVENUE BONDS - SERIES 2013A 454040561 12008EBR6 2013-04-24 23310000 MORTGAGE/LOAN TO BUILD A SCHOOL BUILDING 0 0 0 A 25421744 150398 508435 1540000 24762911 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 1 0 0 0 0 0 A 0 X 62560 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR, CHAIRMAN AND TREASURER OF THE BOARD REVIEW THE DRAFT 990 BEFORE IT IS FILED. THE ENTIRE FORM 990 IS EMAILED TO ALL BOARD MEMBERS 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, 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 EXECUTIVE DIRECTOR IS RESPONSIBLE FOR ENSURING THAT ALL BOARD MEMBERS AND KEY EMPLOYEES COMPLETE THEIR FORMS AND FOR REVIEWING THE EXECUTED FORMS FOR ANY PROBLEMATIC CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR AND PRINCIPALS. 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 BCSE FOR THE POSITION. ONCE THE SALARY IS SET, SUBSEQUENT INCREASES GENERALLY FOLLOW INCREASES AFFORDED TO THE REST OF THE STAFF. ACKNOWLEDGEMENT OF EXTRAORDINARY PERFORMANCE ARE RECOGNIZED THROUGH BONUSES. THE BOARD USES CURRENT APPLICABLE NATIONAL AND REGIONAL COMPENSATION SURVEYS FOR HIGH PERFORMING CHARTER SCHOOLS AND NON-PROFITS. ADDITIONAL COMPARISONS ARE DERIVED BY LOOKING AT THE 990'S FOR NON PROFITS OF SIMILAR SIZE AND COMPLEXITY. THIS CROSS COMPARISON PROVIDES SOME BROADER PERSPECTIVE TO ACCOUNT FOR THE EMERGENCE IN CHARTER SCHOOLS OF MORE STABLE AND SEASONED SENIOR STAFF. THE COMPENSATION FOR OTHER MANAGEMENT POSITIONS WILL BE REVIEWED AND APPROVED BY THE EDUCATION COMMITTEE AS FOLLOWS: 1. THE EDUCATION COMMITTEE REVIEWS AND APPROVES THE ORGANIZATIONAL CHART OF BCSE ESTABLISHING LINES OF ACCOUNTABILITY. 2. THE EDUCATION COMMITTEE VERIFIES THE EVALUATION PROCESSES AND PERFORMANCE REVIEW PROCEDURES. 3. THE EXECUTIVE DIRECTOR REVIEWS COMPARATIVE SALARY INFORMATION PROVIDED BY NYC CHARTER CENTER OR OTHER COMPARABLE RESEARCH USING 990'S TO ENSURE THAT THE SALARY STRUCTURE OF THE BRONX CHARTER SCHOOL FOR EXCELLENCE CONTINUES TO ATTRACT AND MAINTAIN QUALITY EMPLOYEES. 4. THE FINANCE COMMITTEE AND BOARD OF TRUSTEES APPROVES COMPENSATION FOR THE "KEY EMPLOYEES/HIGHEST COMPENSATED INDIVIDUALS" BASED ON RECOMMENDATIONS MADE BY THE EXECUTIVE DIRECTOR AND PRINCIPAL. 5. CONTEMPORANEOUS SUBSTANTIATION AND RECORDKEEPING FOR DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT WAS MADE. FORM 990, PART VI, SECTION C, LINE 18 BCSE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 BCSE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS IS CONSISTENT WITH PRIOR YEARS. EXCELLENCE COMMUNITY SCHOOLS INC 2090 7TH AVENUE NEW YORK NY 10027 450522191 SUPPORT THE OPERATIONS OF BRONX CHARTER SCHOOL FOR EXCELLENCE NY 501(C)(3) LINE 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0