2016-02-12T10:05:19-06:00 2015-06-30 061671819 FRUCHTER ROSEN & CO PC 156 WEST 56TH STREET SUITE 1804 NEW YORK NY 10019 990 2014-07-01 274092757 EXPLORE EXCEL CHARTER SCHOOL EXPL 7183033245 1077 REMSEN AVENUE BROOKLYN NY 11236 GRAEME DAYKIN BOARD CHAIR 7183033245 2016-02-09 GUS SALIBA P01243493 2129573600 2016-02-09 2014 2016-08-17 19:52:53Z GRAEME DAYKIN 1077 REMSEN AVENUE BROOKLYN NY 11236 7015780 0 X WWW.EXPLORENETWORK.ORG X 2010 NY TO PROVIDE KINDERGARTEN THROUGH EIGHTH GRADE EDUCATION. 9 9 89 0 0 0 362138 463409 5472628 6552296 88 75 0 0 5834854 7015780 16976 21750 0 0 3798475 4565977 0 0 0 1761418 2112067 5576869 6699794 257985 315986 2207710 2593553 625228 695085 1582482 1898468 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 4518706 21750 5805146 GENERAL EDUCATION - PROVIDED CLASSROOM CURRICULUM TO STUDENTS IN KINDERGARTEN THROUGH SIXTH GRADE FOR THE 2014-2015 ACADEMIC YEAR. WE SERVED 421 STUDENTS FOR A FULL YEAR OF CLASSROOM INSTRUCTION. 1086692 747150 FOR THE 2014-2015 SCHOOL YEAR, THE SCHOOL PROVIDED OPPORTUNITIES FOR SPECIAL EDUCATION STUDENTS BY PROVIDING A 12:1:1 CLASSROOM SETTING, INTEGRATED CO-TEACHING CLASSROOMS IN EVERY GRADE LEVEL, SPECIAL EDUCATION SUPPORT SERVICES, AND COUNSELING. 5605398 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 89 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ASHLEY DICKENS 6463204103 20 JAY STREET SUITE 504 BROOKLYN NY 11201 GRAEME DAYKIN BOARD CHAIR 1.00 3.00 X X 0 0 0 HANK MANNIX VICE CHAIR AND TREASURER 1.00 3.00 X X 0 0 0 PETER WALKER TRUSTEE 0.50 1.50 X 0 0 0 BETH COHEN TRUSTEE 0.50 1.50 X 0 0 0 KIM CARNEGIE TRUSTEE 0.50 1.50 X 0 0 0 MORTY BALLEN TRUSTEE 0.50 1.50 X 0 0 0 ANGELICA THOMAS TRUSTEE 0.50 1.50 X 0 0 0 TIM TAYLOR TRUSTEE 0.50 1.50 X 0 0 0 STEPHEN COOK TRUSTEE 0.50 1.50 X 0 0 0 DANA BOGLE PRINCIPAL 50.00 X 142201 0 26301 KAREN FRANCOIS ACADEMIC DIRECTOR 50.00 X 119635 0 12150 EMILEE HARRIS ACADEMIC DIRECTOR 50.00 X 111212 0 15070 373048 0 53521 3 0 1 0 EXPLORE SCHOOLS INC 20 JAY STREET SUITE 504 BROOKLYN NY 11201 MANAGEMENT 753531 1 387927 75482 463409 GOV'T PER-PUPIL REV. 900099 6552296 6552296 6552296 75 75 7015780 6552296 0 75 21750 21750 426032 363876 62156 3320988 2836469 484519 20484 17495 2989 491706 419968 71738 306767 262011 44756 696617 456899 239718 18271 18271 379047 356153 22894 29166 9873 19293 322537 241164 81373 67554 57007 10547 154924 129850 25074 37400 31790 5610 CURRICULUM AND CLASSROO 265147 265147 STUDENT AND FAMILY SERV 61940 61940 STUDENT FOOD SERVICE 45109 45109 LOSS ON DISPOSAL OF PRO 1083 1083 33272 27814 5458 6699794 5605398 1094396 0 1609179 1986012 80756 118305 5195 11091 55599 5824 811214 416393 381853 394821 75128 77500 2207710 2593553 609040 695085 16188 0 625228 695085 X 1582482 1898468 1582482 1898468 2207710 2593553 315986 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180543 12849 167694 548810 364226 184584 81861 39318 42543 394821 X 6953828 0 6953828 61952 61952 7015780 6637842 0 6637842 61952 61952 6699794 PART X, LINE 2: THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITION RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. PART XI, LINE 4B - OTHER ADJUSTMENTS: CERTAIN GRANTS RECEIVED WERE APPLIED AGAINST EXPENSES FOR FINANCIAL STATEMENT PURPOSES. 61,952. PART XII, LINE 4B - OTHER ADJUSTMENTS: CERTAIN GRANTS RECEIVED WERE APPLIED AGAINST EXPENSES FOR FINANCIAL STATEMENT PURPOSES. 61,952. 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 RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED ON THE EXPLORE SCHOOLS WEBSITE AND ON APPLICATIONS FOR NEW STUDENTS. 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. 1 STAFF SCHOLARSHIPS 7 21750 0 CASH N/A SCHEDULE I, PART I, LINE 2: STAFF SCHOLARSHIPS MUST BE APPLIED FOR BY OUR EMPLOYEES. THE SCHOLARSHIPS CAN BE USED TOWARDS PROFESSIONAL DEVELOPMENT, EITHER IN THE FORM OF CONTINUED EDUCATION OR TRAVEL, IN WHICH THEIR EXPERIENCE IS APPLIED IN THE CLASSROOM. IN ORDER TO QUALIFY, THEY MUST COMPLETE A SCHOLARSHIP FORM, WHICH INCLUDES A NARRATIVE ON HOW THE FUNDS WILL BE USED, A RECOMMENDATION LETTER, AS WELL AS ITEMIZED COST ESTIMATES. IF AN EMPLOYEE RECEIVES A SCHOLARSHIP, THEY ARE REQUIRED, UPON COMPLETION, TO PROVIDE RECEIPTS THAT SUPPORT THE USAGE OF THESE FUNDS. THE RECEIPTS ARE RECONCILED AGAINST THE APPLICATION AND SCHOLARSHIP AWARD FOR ACCURACY AND FILED IN THE FINANCE/HUMAN RESOURCES OFFICE. X X X 0 0 0 0 0 0 0 1 0 DANA BOGLE PRINCIPAL 138701 0 3500 0 0 0 3263 0 23038 0 168502 0 0 0 PART I, LINE 7 EMPLOYEES ARE AWARDED A DISCRETIONARY BONUS BASED ON SCHOOL PERFORMANCE. FORM 990, PART VI, SECTION B, LINE 11 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 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. FORM 990, PART VI, SECTION B, LINE 15 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. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C: THE FINANCIAL STATEMENTS OF THE SCHOOL HAVE BEEN AUDITED FOR THE YEAR ENDED JUNE 30, 2015. THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITORS. THE FINANCE COMMITTEE MEETS WITH THE INDEPENDENT ACCOUNTANTS TO REVIEW THE RESULTS OF THE AUDIT. EXPLORE EXCEED CHARTER SCHOOL 443 ST MARKS AVENUE BROOKLYN NY 11238 452646087 EDUCATION NY 501(C)(3) LINE 2 N/A 0 EXPLORE EMPOWER CHARTER SCHOOL 188 ROCHESTER AVENUE BROOKLYN NY 11213 264411431 EDUCATION NY 501(C)(3) LINE 2 N/A 0 EXPLORE CHARTER SCHOOL 655 PARKSIDE AVENUE BROOKLYN NY 11226 134124616 EDUCATION NY 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0