EXPLORE SCHOOLS INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
EXPLORE SCHOOLS INC (EIN 26-3282250)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-12
IRS object ID
201620439349301742
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)
Return2016-02-12T12:16:39-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061671819PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRUCHTER ROSEN & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1156 WEST 56TH STREET SUITE 1804AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263282250EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EXPLORE SCHOOLS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEXPLBusinessNameControlTxt
Phone3478757194PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 JAY STREET NO 504AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMORTON A BALLENPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone3478757194PhoneNum
Signature2016-02-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGUS SALIBAPreparerPersonNm
PTINP01243493PTIN
Phone2129573600PhoneNum
Preparation2016-02-11PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMORTON A BALLENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 JAY STREET SUITE 504AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11201ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,390,784GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EXPLORENETWORK.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE STRATEGIC PLANNING, BOARD GOVERNANCE, FINANCIAL OVERSIGHT, HUMAN RESOURCES AND OTHER MANAGEMENT SUPPPORT SERVICES TO SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee28TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,164,836PYContributionsGrantsAmt
CY Contributions Grants$457,577CYContributionsGrantsAmt
PY Program Service Revenue$2,559,910PYProgramServiceRevenueAmt
CY Program Service Revenue$2,933,057CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$560PYOtherRevenueAmt
CY Other Revenue$150CYOtherRevenueAmt
PY Total Revenue$3,725,306PYTotalRevenueAmt
CY Total Revenue$3,390,784CYTotalRevenueAmt
PY Grants And Similar Paid$58,925PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$345,125CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,520,285PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,227,342CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$39,914CYTotalFundraisingExpenseAmt
PY Other Expenses$759,365PYOtherExpensesAmt
CY Other Expenses$724,439CYOtherExpensesAmt
PY Total Expenses$3,338,575PYTotalExpensesAmt
CY Total Expenses$3,296,906CYTotalExpensesAmt
PY Revenues Less Expenses$386,731PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$93,878CYRevenuesLessExpensesAmt
Total Assets BOY$2,974,146TotalAssetsBOYAmt
Total Assets EOY$2,877,505TotalAssetsEOYAmt
Total Liabilities BOY$419,428TotalLiabilitiesBOYAmt
Total Liabilities EOY$228,909TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,554,718NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,648,596NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION IS A NEW YORK BASED, NOT-FOR-PROFIT CHARTER MANAGEMENT ORGANIZATION. ITS MISSION IS TO CREATE AND SUPPORT A NETWORK OF K-8 PUBLIC SCHOOLS IN UNDERSERVED COMMUNITIES THAT PROVIDES STUDENTS WITH THE ACADEMIC SKILLS AND CRITICAL THINKING ABILITIES THEY NEED TO SUCCEED IN A COLLEGE PREPARATORY HIGH SCHOOL. THERE ARE APPROXIMATELY 1,772 STUDENTS ENROLLED IN THE NETWORK'S FOUR CHARTER SCHOOLS IN CENTRAL BROOKLYN. TO REALIZE ITS MISSION, EXPLORE SCHOOLS PROVIDES VALUE ADDED SUPPORT TO THE SCHOOLS WITHIN THE NETWORK, WHILE AT THE SAME TIME DEVELOPING CAPACITY TO ESTABLISH AND SUPPORT TURNAROUND SCHOOLS THAT WILL PROVIDE STUDENTS IN UNDERSERVED COMMUNITIES WITH ACCESS TO A HIGH QUALITY PUBLIC EDUCATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$726,826ExpenseAmt
Grant$96,787GrantAmt
Revenue$862,710RevenueAmt
DescPROVIDED MANAGEMENT ADVISORY SERVICES TO EXPLORE CHARTER SCHOOL PER CONTRACT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$646,960ExpenseAmt
Grant$88,080GrantAmt
Revenue$767,913RevenueAmt
DescPROVIDED MANAGEMENT ADVISORY SERVICES TO EXPLORE EMPOWER CHARTER SCHOOL PER CONTRACT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$586,894ExpenseAmt
Grant$75,482GrantAmt
Revenue$696,617RevenueAmt
DescPROVIDED MANAGEMENT ADVISORY SERVICES TO EXPLORE EXCEL CHARTER SCHOOL PER CONTRACT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$510,395ExpenseAmt
Grant$84,776GrantAmt
Revenue$605,817RevenueAmt
DescPROVIDED MANAGEMENT ADVISORY SERVICES TO EXPLORE EXCEED CHARTER SCHOOL PER CONTRACT.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$510,395TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$84,776TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$605,817TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,471,075TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
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 MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
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 Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee28EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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 Line1SHAWN-ANN MULLENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3478740640PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 JAY STREET SUITE 504AddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11201ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAY MCNAMARA
BOARD CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
THEODORE GILLMAN
TRUSTEE1.00Yes (X)$0$0$0
SHERRI LEE EISENPRESS
TRUSTEE1.00Yes (X)$0$0$0
RUBEN ARIAS
TREASURER1.00Yes (X)Yes (X)$0$0$0
BRIAN COAD
TRUSTEE1.00Yes (X)$0$0$0
STEPHEN COOK
TRUSTEE1.00Yes (X)$0$0$0
TIM TAYLOR
TRUSTEE1.00Yes (X)$0$0$0
MORTON A BALLEN
CHIEF EXECUTIVE OFFICER50.00Yes (X)Yes (X)$228,327$0$15,819
SUELLYN SCULL
TRUSTEE1.00Yes (X)$0$0$0
SHAWN-ANN MULLEN
CHIEF FINANCIAL OFFICER50.00Yes (X)$154,285$0$12,267
ELIZABETH PAWLSON
CHIEF STRATEGY OFFICER50.00Yes (X)$102,552$0$11,657
KEITH VIGRAHAM
CHIEF OPERATING OFFICER50.00Yes (X)$146,743$0$8,627
KEN BAUM
CHIEF ACADEMIC OFFICER50.00Yes (X)$203,615$0$3,035
REBECCA DAVERIN
MANAGING DIRECTOR OF OPERATIONS50.00$119,341$0$9,060Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$954,863TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$60,465TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$46,102GovernmentGrantsAmt
All Other Contributions$411,475AllOtherContributionsAmt
Total Contributions$457,577TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMANAGEMENT FEEDesc
Business541610BusinessCd
Total Revenue Column$2,933,057TotalRevenueColumnAmt
Related Or Exempt Func Income$2,933,057RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,933,057TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$150TotalRevenueColumnAmt
Exclusion$150ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$150OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,390,784TotalRevenueColumnAmt
Related Or Exempt Func Income$2,933,057RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$150ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$345,125TotalAmt
Program Services$345,125ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$687,908TotalAmt
Program Services$509,281ProgramServicesAmt
Management And General$167,411ManagementAndGeneralAmt
Fundraising$11,216FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,201,635TotalAmt
Program Services$889,609ProgramServicesAmt
Management And General$292,434ManagementAndGeneralAmt
Fundraising$19,592FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$24,731TotalAmt
Program Services$18,309ProgramServicesAmt
Management And General$6,019ManagementAndGeneralAmt
Fundraising$403FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$176,243TotalAmt
Program Services$130,478ProgramServicesAmt
Management And General$42,892ManagementAndGeneralAmt
Fundraising$2,873FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$136,825TotalAmt
Program Services$101,296ProgramServicesAmt
Management And General$33,298ManagementAndGeneralAmt
Fundraising$2,231FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$22,913TotalAmt
Management And General$22,913ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,525TotalAmt
Management And General$10,525ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$217,682TotalAmt
Program Services$135,359ProgramServicesAmt
Management And General$82,246ManagementAndGeneralAmt
Fundraising$77FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$53,113TotalAmt
Program Services$25,238ProgramServicesAmt
Management And General$27,319ManagementAndGeneralAmt
Fundraising$556FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$99,727TotalAmt
Program Services$84,768ProgramServicesAmt
Management And General$14,959ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$89,978TotalAmt
Program Services$66,614ProgramServicesAmt
Management And General$21,897ManagementAndGeneralAmt
Fundraising$1,467FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$74,627TotalAmt
Program Services$59,138ProgramServicesAmt
Management And General$14,793ManagementAndGeneralAmt
Fundraising$696FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$49,260TotalAmt
Program Services$36,469ProgramServicesAmt
Management And General$11,988ManagementAndGeneralAmt
Fundraising$803FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$20,345TotalAmt
Management And General$20,345ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescRECRUITMENTDesc
Total$81,635TotalAmt
Program Services$69,391ProgramServicesAmt
Management And General$12,244ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,634TotalAmt
Management And General$4,634ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,296,906TotalAmt
Program Services$2,471,075ProgramServicesAmt
Management And General$785,917ManagementAndGeneralAmt
Fundraising$39,914FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,659,956BOYAmt
EOY$2,345,742EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$162,978BOYAmt
EOY$105,598EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$27,093BOYAmt
EOY$93,175EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$38,498BOYAmt
EOY$229,420EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$221,192LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$136,300LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$66,943BOYAmt
EOY$84,892EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$18,678BOYAmt
EOY$18,678EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,974,146BOYAmt
EOY$2,877,505EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$419,428BOYAmt
EOY$228,909EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$419,428BOYAmt
EOY$228,909EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,213,051BOYAmt
EOY$2,503,743EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$341,667BOYAmt
EOY$144,853EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,554,718BOYAmt
EOY$2,648,596EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,974,146BOYAmt
EOY$2,877,505EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$93,878ReconcilationRevenueExpnssAmt
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 CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$951,551CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,527,569CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,746,776CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,164,836CurrentTaxYearMinus1YearAmt
Current Tax Year$457,577CurrentTaxYearAmt
Total$5,848,309TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$951,551CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,527,569CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,746,776CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,164,836CurrentTaxYearMinus1YearAmt
Current Tax Year$457,577CurrentTaxYearAmt
Total$5,848,309TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,489,937SubstantialContributorsTotAmt
Public Support Total170$3,358,372PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,357CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$560CurrentTaxYearMinus1YearAmt
Current Tax Year$150CurrentTaxYearAmt
Total$4,867TotalAmt
FieldValueIRS element (for citing)
Total Support$5,853,176TotalSupportAmt
Public Support CY1700.57380PublicSupportCY170Pct
Public Support PY1700.57500PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,810OtherCostOrOtherBasisAmt
Depreciation$8,267DepreciationAmt
Book Value$3,543BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$145,966OtherCostOrOtherBasisAmt
Depreciation$111,619DepreciationAmt
Book Value$34,347BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$63,416OtherCostOrOtherBasisAmt
Depreciation$16,414DepreciationAmt
Book Value$47,002BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$84,892TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,452,900TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$62,116DonatedServicesAndUseFcltsAmt
Revenue Not Reported$62,116RevenueNotReportedAmt
Revenue Subtotal$3,390,784RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,390,784TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,359,022TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$62,116DonatedServicesUseFcltsAmt
Expenses Not Reported$62,116ExpensesNotReportedAmt
Expenses Subtotal$3,296,906ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,296,906TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'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 ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
EXPLORE CHARTER SCHOOL
655 PARKSIDE AVNEUEBROOKLYNNY11226134124616501(C)(3)$96,787$0FMVN/AGENERAL OPERATING
EXPLORE EMPOWER CHARTER SCHOOL
188 ROCHESTER AVENUEBROOKLYNNY11213264411431501(C)(3)$88,080$0FMVN/AGENERAL OPERATING
EXPLORE EXCEL CHARTER SCHOOL
1077 REMSEN AVENUEBROOKLYNNY11236274092757501(C)(3)$75,482$0FMVN/AGENERAL OPERATING
EXPLORE EXCEED CHARTER SCHOOL
433 ST MARKS AVENUEBROOKLYNNY11238452646087501(C)(3)$84,776$0FMVN/AGENERAL OPERATING
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION REMITTED GRANTS TO EXPLORE CHARTER SCHOOL, EXPLORE EMPOWER CHARTER SCHOOL, EXPLORE EXCEL CHARTER SCHOOL, AND EXPLORE EXCEED CHARTER SCHOOL. THESE AMOUNTS INCLUDE FUNDS DONATED TO THE SCHOOLS FOR STAFF SIGNING AND RETENTION BONUSES TOTALING $286,433.32 AND PROCEEDS FROM AN END OF YEAR E-MAIL APPEAL AND GRANTED TO THE SCHOOLS FOR GENERAL OPERATING USE TOTALING $58,691.95. THERE WAS NO SPECIFIC MONITORING OF THE FUND USAGE REQUIRED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
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 PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MORTON A BALLEN
CHIEF EXECUTIVE OFFICER$228,327$0$0$0$0$0$8,244$0$7,575$0$244,146$0$0$0
SHAWN-ANN MULLEN
CHIEF FINANCIAL OFFICER$144,785$0$9,500$0$0$0$4,690$0$7,577$0$166,552$0$0$0
KEITH VIGRAHAM
CHIEF OPERATING OFFICER$138,743$0$8,000$0$0$0$1,350$0$7,277$0$155,370$0$0$0
KEN BAUM
CHIEF ACADEMIC OFFICER$203,615$0$0$0$0$0$0$0$3,035$0$206,650$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationEXPLORE SCHOOLS INC. PAID OUT NON-FIXED PAYMENTS AS BONUS COMPENSATION TO SHAWN-ANN MULLEN AND KENNETH VIGRAHAM BASED ON EMPLOYEE PERFORMANCE.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonELIZABETH PAWLSONPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionCHIEF OF STRATEGYRelationshipDescriptionTxt
Transaction$2,775TransactionAmt
TransactionCONSULTING CONTRACTTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH L, PART IV EXPLANATIONFormAndLineReferenceDesc
ExplanationDURING THE YEAR, ELIZABETH PAWLSON WAS AN OFFICER AND TRANSITIONED TO A CONSULTANT FOR EXPLORE SCHOOLS INC.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11SENIOR MANAGEMENT REVIEWS THE FORM 990 AND THEN FORWARDS IT TO THE FINANCE COMMITTEE FOR THEIR REVIEW. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION OF THE FORM 990 IS THEN DISTRIBUTED TO ALL THE ORGANIZATION'S BOARD MEMBERS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CPRIOR TO ELECTION TO THE BOARD, AND THEREAFTER 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 ORGANIZATION FOR A FEE OR OTHER COMPENSATION, AND ANY INTEREST SUCH TRUSTEE MAY HAVE AS A RESULT OF A POSITION OR OTHER RELATIONSHIP WITH ANY NOT-FOR-PROFIT CORPORATION WITH WHICH THE ORGANIZATION HAS AN ATTORNEY-CLIENT OR OTHER BUSINESS RELATIONSHIP (COLLECTIVELY, A "CONFLICT OF INTEREST"). ADDITIONALLY, THE ORGANIZATION 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 15ATHE COMPENSATION COMMITTEE DOES A MARKET ANALYSIS TO COMPARE CHIEF EXECUTIVE OFFICER AND OTHER LEADERSHIP POSITION SALARIES IN SIMILAR ORGANIZATIONS AND IS ALSO INVOLVED IN THE APPROVAL FOR THE ANNUAL BUDGET FOR THE ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C - FINANCIAL STATEMENTS AND REPORTING:THE FINANCIAL STATEMENTS OF THE ORGANIZATION HAVE BEEN AUDITED FOR THE YEAR ENDED JUNE 30, 2015. AN AUDIT COMMITTEE HAS BEEN ESTABLISHED FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITORS. THE AUDIT COMMITTEE MEETS WITH THE INDEPENDENT ACCOUNTANTS TO REVIEW THE RESULT OF THE AUDIT.

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