2017-05-05T09:18:44-05:00 2016-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2015-07-01 471938137 STOREFRONT ACADEMY CHARTER SCHOOL STOR 6464761400 423 EAST 138TH STREET BRONX NY 10454 JONATHAN STEARNS CHAIR 6464761400 2017-05-03 1 AARON SHAPIRO P01333816 2128674000 2015 2021-01-29 14:40:06Z STOREFRONT ACADEMY CHARTER SCHOOL SOUTH BRONX JONATHAN STEARNS 423 EAST 138TH STREET BRONX NY 10454 2614667 0 X STOREFRONTACADEMY.ORG X 2014 NY STOREFRONT ACADEMY CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL, EDUCATING URBAN YOUTH OF ALL LEARNING ABILITIES, BEGINNING WITH STUDENTS IN KINDERGARTEN AND FIRST GRADE AND ADDING ONE GRADE EVERY YEAR, WITH THE EVENTUAL GOAL OF EDUCATING STUDENTS FROM PRE-KINDERGARTEN THROUGH THE EIGHTH GRADE. 11 11 21 11 0 0 376249 901075 0 1713502 0 90 0 0 376249 2614667 0 0 0 0 114822 1330921 0 0 0 226451 1008085 341273 2339006 34976 275661 359459 648718 324483 338609 34976 310109 X SEE SCHEDULE OSTOREFRONT ACADEMY SEEKS TO PROVIDE CHILDREN OF VARIED ACADEMIC STRENGTHS QUALITY EDUCATIONAL OPPORTUNITIES, PREPARING THEM ACADEMICALLY, SOCIALLY AND EMOTIONALLY TO BECOME CRITICAL THINKERS, HIGH-ACHIEVING STUDENTS AND WELL-ROUNDED INDIVIDUALS. WORKING IN PARTNERSHIP WITH FAMILIES AND COMMUNITY MEMBERS, STOREFRONT ACADEMY INSTILLS A POWERFUL SENSE OF SELF, AND GIVES ITS STUDENTS THE TOOLS TO OWN THE FUTURE AND CREATE MEANINGFUL ADULT LIVES.FORM 990, PART III, LINE 2:SEE FORM 990, PART III, LINE 4A 0 0 2091829 1713502 THE SCHOOL WAS ORGANIZED TO PROVIDE CHILDREN OF VARIED ACADEMIC STRENGTHS QUALITY EDUCATIONAL OPPORTUNITIES, PREPARING THEM ACADEMICALLY, SOCIALLY AND EMOTIONALLY TO BECOME CRITICAL THINKERS, HIGH-ACHIEVING STUDENTS AND WELL-ROUNDED INDIVIDUALS. WORKING IN PARTNERSHIP WITH FAMILIES AND COMMUNITY MEMBERS, STOREFRONT ACADEMY INSTILLS A POWERFUL SENSE OF SELF, AND GIVES ITS STUDENTS THE TOOLS TO OWN THE FUTURE AND CREATE MEANINGFUL ADULT LIVES. THE SCHOOL SERVED 97 STUDENTS FOR THE SCHOOL YEAR ENDED JUNE 30, 2016. 2091829 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARIE LUCAS 6464761400 423 EAST 138TH STREET BRONX NY 10454 JONATHAN STEARNS CHAIR 1.00 X X 0 0 0 WENDY REYNOSO VICE CHAIR 1.00 X X 0 0 0 CARLOS FLYNN TREASURER 1.00 X X 0 0 0 RICHARD BAYLES TRUSTEE 1.00 X 0 0 0 ANGELA BERGESON TRUSTEE 1.00 X 0 0 0 RAY CAMERON TRUSTEE 1.00 X 0 0 0 JASON DUCHIN TRUSTEE 1.00 X 0 0 0 EILEEN NIEDZWIECKI TRUSTEE 1.00 X 0 0 0 MICHAEL OFFICER TRUSTEE 1.00 X 0 0 0 CARRIE SEALY TRUSTEE 1.00 X 0 0 0 DAN STERNBERG TRUSTEE 1.00 X 0 0 0 LISETTE NIEVES PRINCIPAL 40.00 X 82000 0 8600 82000 0 8600 0 0 0 0 STOREFRONT ACADEMY HARLEM 70 EAST 129TH STREET NEW YORK NY 10035 MANAGEMENT SERVICES 496375 1 625726 275349 901075 PER-PUPIL REVENUE 611600 1713502 1713502 1713502 90 90 2614667 1713502 0 90 128600 116297 12303 976699 884900 91799 137415 124269 13146 88207 79769 8438 335401 258044 77357 26870 26870 36469 28832 7637 198079 195097 2982 312188 312188 2165 2165 18144 11499 6645 29656 29656 44526 44526 STUDENT FIELD TRIPS 3040 3040 1547 1547 2339006 2091829 247177 0 1926 35425 496348 313074 2819 2400 144201 29656 41640 114545 359459 648718 200725 132598 31272 123758 0 174739 324483 338609 X 34976 310109 34976 310109 359459 648718 275661 -528 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144201 29656 114545 114545 DUE TO MANAGEMENT COMPANY 174739 174739 X 2614667 0 2614667 0 2614667 2339006 0 2339006 0 2339006 PART X, LINE 2: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2014 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS A CHARTER SCHOOL AND SOLICITS STUDENTS THROUGH THE NYS EDUCATION DEPARTMENT. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED A BOTH FEDERAL AND STATE GRANTS INCLUDING FUNDING FROM THE NYS EDUCATION DEPARTMENT. FORM 990, PART VI, SECTION A, LINE 3 EXPLANATION: THE SCHOOL CONTRACTED WITH THE STOREFRONT ACADEMY HARLEM TO PROVIDE MANAGEMENT SERVICES TO THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT OF THE FORM 990 WAS SUBMITTED TO EACH MEMBER OF THE BOARD OF TRUSTEES DURING THE FIRST WEEK OF MAY. ANY ISSUES WERE DISCUSSED WITH THE FINANCE DEPARTMENT AND THE FINAL DRAFT WAS THEN REVIEWED AND APPROVED BY THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C STOREFRONT ACADEMY CHARTER SCHOOL SHALL NOT ENTER INTO TRANSACTIONS WHERE THERE IS A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST UNLESS THERE IS A COMPELLING REASON TO DO SO. IF A TRUSTEE OR A FAMILY MEMBER HAS A CONFLICT OF INTEREST IN A PROPOSED TRANSACTION WITH THE CENTER, HE OR SHE MUST MAKE FULL DISCLOSURE BEFORE ANY ACTION ON THE CONTRACT OR TRANSACTION. SUCH DISCLOSURE SHALL BE DOCUMENTED ANNUALLY. ANY TRUSTEE WHO IS AWARE OF A POTENTIAL PERSONAL CONFLICT OF INTEREST WITH RESPECT TO ANY MATTER COMING BEFORE THE BOARD OF TRUSTEES OR ANY COMMITTEE OF THE BOARD MAY BE PRESENT FOR ANY DISCUSSION, BUT SHALL BE EXCUSED FROM ANY VOTING THAT MAY TAKE PLACE IN CONNECTION WITH THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 EXPLANATION: STOREFRONT ACADEMY CHARTER SCHOOL 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 HAS NOT CHANGED FROM THE PRIOR YEAR.