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BRONX ACADEMY OF PROMISE CHARTER SCHOOL: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
BRONX ACADEMY OF PROMISE CHARTER SCHOOL (EIN 26-2531307)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-04-22
IRS object ID
201601139349300710
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-04-22T08:48:34-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131517563PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LOEB & TROPER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1655 THIRD AVENUE 12TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262531307EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRONX ACADEMY OF PROMISE CHARTER SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRONBusinessNameControlTxt
Phone7182936950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11394 INWOOD AVENUEAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCATHERINE JACKVONYPersonNm
Person TitlePRINCIPALPersonTitleTxt
Phone7186818275PhoneNum
Signature2016-04-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAARON SHAPIROPreparerPersonNm
PTINP01333816PTIN
Phone2128674000PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCATHERINE JACKVONYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11394 INWOOD AVENUEAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,806,783GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressBRONXACADEMYOFPROMISE.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE PURPOSE OF BRONX ACADEMY OF PROMISE CHARTER SCHOOL IS TO INCREASE LEARNING OPPORTUNITIES FOR STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS AND TO ENABLE PARENTS TO BE MORE INVOLVED IN THEIR CHILDREN'S EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee137TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$448,038PYContributionsGrantsAmt
CY Contributions Grants$843,986CYContributionsGrantsAmt
PY Program Service Revenue$7,661,664PYProgramServiceRevenueAmt
CY Program Service Revenue$8,962,620CYProgramServiceRevenueAmt
PY Investment Income$3,700PYInvestmentIncomeAmt
CY Investment Income$177CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$8,113,402PYTotalRevenueAmt
CY Total Revenue$9,806,783CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,040,962PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,393,014CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,368CYTotalFundraisingExpenseAmt
PY Other Expenses$2,902,025PYOtherExpensesAmt
CY Other Expenses$3,704,078CYOtherExpensesAmt
PY Total Expenses$6,942,987PYTotalExpensesAmt
CY Total Expenses$8,097,092CYTotalExpensesAmt
PY Revenues Less Expenses$1,170,415PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,709,691CYRevenuesLessExpensesAmt
Total Assets BOY$4,458,028TotalAssetsBOYAmt
Total Assets EOY$6,604,244TotalAssetsEOYAmt
Total Liabilities BOY$1,219,638TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,656,163TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,238,390NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,948,081NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF BRONX ACADEMY OF PROMISE CHARTER SCHOOL IS TO EDUCATE EACH STUDENT TO HIGH LEARNING STANDARDS USING A CURRICULUM THAT EMPHASIZES INFORMATION ABOUT THE VARIOUS CAREER CHOICES AVAILABLE TO THEM. THE SCHOOL WILL PREPARE STUDENTS FOR HIGH SCHOOL, TO MAKE DECISIONS ABOUT A DIRECTION FOR THEIR CAREER, AND TO BECOME PRODUCTIVE CITIZENS. THE SCHOOL WILL PROVIDE A PRODUCTIVE COMPREHENSIVE ACADEMIC CURRICULUM WITH CHARACTER AND CAREER EDUCATION INTEGRATED INTO ALL SUBJECTS. THE CURRICULUM WILL PROMOTE EXCELLENCE IN ALL AREAS: COGNITIVE, SOCIAL, EMOTIONAL, AND MORAL DEVELOPMENT. STUDENTS WILL EXPERIENCE LEARNING GAINS EACH SCHOOL YEAR TO ATTAIN LEARNING PROFICIENCY, AND THE COMMUNITY, PARENTS AND STAFF WILL PARTICIPATE MEANINGFULLY IN THE SCHOOL TO CONTINUOUSLY IMPROVE ITS POTENTIAL FOR SUCCESS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,117,070ExpenseAmt
Revenue$8,962,620RevenueAmt
DescTHEIR STUDENTS WERE IMMENSELY SUCCESSFUL ACADEMICALLY IN THE CURRENT SCHOOL YEAR. THE SCHOOL ACHIEVED MORE THAN A YEAR'S WORTH OF LEARNING IN THE TIME FRAME OF ONLY ONE YEAR. THE SCHOOL CONSISTS OF 581 STUDENTS IN GRADES KINDERGARTEN THROUGH 8TH GRADE.Desc
Total Program Service Expenses$7,117,070TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee137EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CATHERINE JACKVONYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7182936950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11394 INWOOD AVENUEAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
REV MICHAEL CARRION
BOARD PRESIDENT1.00Yes (X)Yes (X)$0$0$0
AGATHA AKYRE
BOARD MEMBER1.00Yes (X)$0$0$0
KEVIN KEARNS
BOARD MEMBER1.00Yes (X)$0$0$0
MILCA MEYERS
BOARD MEMBER1.00Yes (X)$0$0$0
CARLIBI ROJAS
BOARD MEMBER1.00Yes (X)$0$0$0
DENNIS SZE
BOARD MEMBER1.00Yes (X)$0$0$0
CATHERINE JACKVONY
PRINCIPAL40.00Yes (X)$167,692$0$264
FieldValueIRS element (for citing)
Total Reportable Comp From Org$167,692TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$264TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARTER SCHOOL BUSINESS MANAGEMENT INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1237 WEST 35TH STREET STE 301AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
ServicesFINANCIAL SERVICESServicesDesc
Compensation$117,256CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$836,641GovernmentGrantsAmt
All Other Contributions$7,345AllOtherContributionsAmt
Noncash Contributions$37,651NoncashContributionsAmt
Total Contributions$843,986TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSTATE & LOCAL PER-PUPIDesc
Business611710BusinessCd
Total Revenue Column$8,962,620TotalRevenueColumnAmt
Related Or Exempt Func Income$8,962,620RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$8,962,620TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$177TotalRevenueColumnAmt
Exclusion$177ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,806,783TotalRevenueColumnAmt
Related Or Exempt Func Income$8,962,620RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$177ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$217,423TotalAmt
Program Services$85,692ProgramServicesAmt
Management And General$130,547ManagementAndGeneralAmt
Fundraising$1,184FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,381,037TotalAmt
Program Services$3,109,105ProgramServicesAmt
Management And General$269,839ManagementAndGeneralAmt
Fundraising$2,093FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$58,339TotalAmt
Program Services$51,795ProgramServicesAmt
Management And General$6,491ManagementAndGeneralAmt
Fundraising$53FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$460,933TotalAmt
Program Services$409,227ProgramServicesAmt
Management And General$51,286ManagementAndGeneralAmt
Fundraising$420FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$275,282TotalAmt
Program Services$244,402ProgramServicesAmt
Management And General$30,629ManagementAndGeneralAmt
Fundraising$251FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$120,840TotalAmt
Management And General$120,840ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$38,532TotalAmt
Management And General$38,532ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,869TotalAmt
Management And General$24,869ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$725,815TotalAmt
Program Services$679,111ProgramServicesAmt
Management And General$46,375ManagementAndGeneralAmt
Fundraising$329FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$27,654TotalAmt
Program Services$27,654ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$714,819TotalAmt
Program Services$692,926ProgramServicesAmt
Management And General$21,716ManagementAndGeneralAmt
Fundraising$177FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,222TotalAmt
Program Services$15,290ProgramServicesAmt
Management And General$1,916ManagementAndGeneralAmt
Fundraising$16FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,809,817TotalAmt
Program Services$1,606,799ProgramServicesAmt
Management And General$201,370ManagementAndGeneralAmt
Fundraising$1,648FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$121,512TotalAmt
Program Services$107,881ProgramServicesAmt
Management And General$13,520ManagementAndGeneralAmt
Fundraising$111FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$50,181TotalAmt
Program Services$44,552ProgramServicesAmt
Management And General$5,583ManagementAndGeneralAmt
Fundraising$46FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSTAFF DEVELOPMENTDesc
Total$9,124TotalAmt
Program Services$3,917ProgramServicesAmt
Management And General$5,207ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$43,693TotalAmt
Program Services$38,719ProgramServicesAmt
Management And General$4,934ManagementAndGeneralAmt
Fundraising$40FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,097,092TotalAmt
Program Services$7,117,070ProgramServicesAmt
Management And General$973,654ManagementAndGeneralAmt
Fundraising$6,368FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$665,778BOYAmt
EOY$854,358EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,034,853BOYAmt
EOY$4,741,738EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$268,476BOYAmt
EOY$487,789EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$156,480BOYAmt
EOY$156,784EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$813,580LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$450,005LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$332,441BOYAmt
EOY$363,575EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,458,028BOYAmt
EOY$6,604,244EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,219,638BOYAmt
EOY$1,656,163EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,219,638BOYAmt
EOY$1,656,163EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,238,390BOYAmt
EOY$4,948,081EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,238,390BOYAmt
EOY$4,948,081EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,458,028BOYAmt
EOY$6,604,244EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,709,691ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$199,140OtherCostOrOtherBasisAmt
Depreciation$74,585DepreciationAmt
Book Value$124,555BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$614,440OtherCostOrOtherBasisAmt
Depreciation$375,420DepreciationAmt
Book Value$239,020BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$363,575TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,806,783TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$9,806,783RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,806,783TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,097,092TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$8,097,092ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,097,092TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationBAOP HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2012 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc75500ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3BRONX ACADEMY OF PROMISE IS A NYC CHARTER SCHOOL MANDATED TO GIVE PRIORITY TO SCHOOL DISTRICT 9 RESIDENTS.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT DISTRIBUTE OR AWARD SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE TO ITS STUDENTS.
SCHEDULE E, PART I, LINE 6BRONX ACADEMY OF PROMISE CHARTER SCHOOL RECEIVES GOVERNMENTAL ASSISTANCE FROM TITLE I AND TITLE II GRANTS PROVIDED BY THE NEW YORK STATE EDUCATION DEPARTMENT.
SCHEDULE E, PART I, LINE 7BRONX ACADEMY OF PROMISE CHARTER SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL ORIGIN, AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCATHERINE JACKVONYPersonNm
TitlePRINCIPALTitleTxt
Base Compensation Filing Org$167,692BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$264NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$167,956TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$37,651NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11FORM 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 THE IRS SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE SCHOOL SHARES IT'S CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS, AND REQUIRES ALL OF THE BOARD MEMBERS AND KEY OFFICERS TO FILL OUT THE CONFLICT OF INTEREST DISCLOSURE FORM. OFFICERS AND DIRECTORS ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES.
FORM 990, PART VI, SECTION B, LINE 15ACOMPENSATION FOR TOP MANAGEMENT OFFICIALS IS DELIBERATED BY THE BOARD CHAIR AND FINANCE COMMITTEE. SALARY SURVEYS AND SCHOOL COMPENSATION STATISTICS ARE REVIEWED AND REFERENCED, AND BACKGROUND EXPERIENCE IS TAKEN INTO CONSIDERATION WHEN DECIDING ON COMPENSATION FOR ANY POSITION WITHIN THE ORGANIZATION. THIS PROCESS WAS PERFORMED IN JULY 2013 AND OCTOBER 2015.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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