DR RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
DR RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (EIN 27-1766995)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-02-21
IRS object ID
201510529349300601
Schema version
2013v4.0
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)
Return2015-02-21T08:25:24-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061671819PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRUCHTER ROSEN & CO PCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1156 WEST 56TH STREET STE 1804AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10019ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271766995EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DR RICHARD IZQUIERDO HEALTH & SCIENCEBusinessNameLine1
Business Name Line2CHARTER SCHOOLBusinessNameLine2
FieldValueIRS element (for citing)
Business Name ControlDRRIBusinessNameControlTxt
Phone7183780490PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 HOME STREETAddressLine1
CityBRONXCity
StateNYState
ZIP Code10456ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARSHALL KESTENPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7183780490PhoneNum
Signature2015-02-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGUS SALIBAPreparerPersonNm
PTINP01243493PTIN
Phone2129573600PhoneNum
Preparation2015-02-21PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARSHALL KESTENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 HOME STREETAddressLine1
CityBRONXCity
StateNYState
ZIP Code10456ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$6,253,855GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HEALTHSCIENCESCHOOL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionCAREER AND TECHNICAL EDUCATION CHARTER SCHOOL IN THE SOUTH BRONX COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee83TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$269,605PYContributionsGrantsAmt
CY Contributions Grants$369,568CYContributionsGrantsAmt
PY Program Service Revenue$3,481,127PYProgramServiceRevenueAmt
CY Program Service Revenue$5,867,638CYProgramServiceRevenueAmt
PY Investment Income$1,955PYInvestmentIncomeAmt
CY Investment Income$2,391CYInvestmentIncomeAmt
PY Other Revenue$11,772PYOtherRevenueAmt
CY Other Revenue$14,258CYOtherRevenueAmt
PY Total Revenue$3,764,459PYTotalRevenueAmt
CY Total Revenue$6,253,855CYTotalRevenueAmt
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$2,706,543PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,219,085CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$40,393CYTotalFundraisingExpenseAmt
PY Other Expenses$1,011,891PYOtherExpensesAmt
CY Other Expenses$2,290,083CYOtherExpensesAmt
PY Total Expenses$3,718,434PYTotalExpensesAmt
CY Total Expenses$6,509,168CYTotalExpensesAmt
PY Revenues Less Expenses$46,025PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$255,313CYRevenuesLessExpensesAmt
Total Assets BOY$1,889,571TotalAssetsBOYAmt
Total Assets EOY$1,639,382TotalAssetsEOYAmt
Total Liabilities BOY$279,443TotalLiabilitiesBOYAmt
Total Liabilities EOY$284,567TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,610,128NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,354,815NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionDR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL IS A MIDDLE SCHOOL IN THE SOUTH BRONX NEIGHBORHOOD OF NEW YORK THAT PROVIDES ITS STUDENTS WITH A NURTURING AND CHALLENGING EDUCATIONAL EXPERIENCE TO DEVELOP THEIR ABILITIES AND ADDRESS THE HEALTH AND ECONOMIC DISPARITIES IN THE COMMUNITY. UPON GRADUATION, STUDENTS WILL BE PREPARED FOR THE HIGHEST LEVELS OF COLLEGE ACHIEVEMENT, GAINFUL EMPLOYMENT AS CERTIFIED HEALTH CARE PROFESSIONALS, AND A COMMITMENT TO SERVE OTHERS AS THEY PURSUE REWARDING LIVES AND RESPECTED CAREERS FOR THEMSELVES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,735,153ExpenseAmt
Revenue$5,867,638RevenueAmt
DescEXPENSES ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED CURRICULUM COSTS. FOR THE 2013-2014 SCHOOL YEAR, THE SCHOOL SERVED APPROXIMATELY 410 STUDENTS IN GRADES SIXTH THROUGH NINTH.Desc
Total Program Service Expenses$5,735,153TotalProgramServiceExpensesAmt
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 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 Required0ScheduleJRequiredInd
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 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 Document25IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee83EmployeeCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BURKEBusinessNameLine1
FieldValueIRS element (for citing)
Phone7183780490PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 HOME STREETAddressLine1
CityBRONXCity
StateNYState
ZIP Code10456ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DUARNA OLLER
BOARD CHAIR20.00Yes (X)Yes (X)$0$0$0
FRANCISCO LUGOVINA
VICE CHAIR20.00Yes (X)Yes (X)$0$0$0
MARSHALL KESTEN
TREASURER20.00Yes (X)Yes (X)$0$0$0
PALOMA HERNANDEZ
SECRETARY15.00Yes (X)Yes (X)$0$0$0
DR RICHARD IZQUIERDO
TRUSTEE10.00Yes (X)$0$0$0
LUZ PAGAN
TRUSTEE1.00Yes (X)$0$0$0
IVELISSE JONES
TRUSTEE1.00Yes (X)$0$0$0
ROSA AGOSTO
TRUSTEE15.00Yes (X)$0$0$0
DR SAMUEL DE LEON
TRUSTEE1.00Yes (X)$0$0$0
LAURA CHAVEZ
TRUSTEE1.00Yes (X)$0$0$0
EPIFANIO CASTILLO
TRUSTEE10.00Yes (X)$0$0$0
MARY ANN HAWTHORNE
TRUSTEE5.00Yes (X)$0$0$0
ANTHONY LOPEZ
CEO40.00Yes (X)$150,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$150,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
KAPLAN HIGHER EDUCATION CORP
PO BOX 203882DALLASTX75320EDUCATIONAL CONSULTING SERVICES$203,310
CHARTER SCHOOL BUSINESS MANAGEMENT INC
237 WEST 35TH STREET SUITE 301NEW YORKNY10001FINANCIAL CONSULTING SERVICES$165,601
NETWORK OUTSOURCE
135 DENTON AVENUENEW HYDE PARKNY11040INFORMATION TECHNOLOGY CONSULTING SERVIC$123,088
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$368,068GovernmentGrantsAmt
All Other Contributions$1,500AllOtherContributionsAmt
Total Contributions$369,568TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescGOV'T PER-PUPIL REV.Desc
Business900099BusinessCd
Total Revenue Column$5,867,638TotalRevenueColumnAmt
Related Or Exempt Func Income$5,867,638RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,867,638TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,391TotalRevenueColumnAmt
Exclusion$2,391ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$14,258TotalRevenueColumnAmt
Related Or Exempt Func Income$14,258RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,258OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,253,855TotalRevenueColumnAmt
Related Or Exempt Func Income$5,881,896RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,391ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$151,500TotalAmt
Program Services$133,142ProgramServicesAmt
Management And General$17,118ManagementAndGeneralAmt
Fundraising$1,240FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,287,271TotalAmt
Program Services$2,888,934ProgramServicesAmt
Management And General$371,420ManagementAndGeneralAmt
Fundraising$26,917FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,996TotalAmt
Program Services$7,906ProgramServicesAmt
Management And General$1,016ManagementAndGeneralAmt
Fundraising$74FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$448,622TotalAmt
Program Services$394,259ProgramServicesAmt
Management And General$50,690ManagementAndGeneralAmt
Fundraising$3,673FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$322,696TotalAmt
Program Services$283,592ProgramServicesAmt
Management And General$36,462ManagementAndGeneralAmt
Fundraising$2,642FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$801TotalAmt
Program Services$705ProgramServicesAmt
Management And General$96ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$20,250TotalAmt
Management And General$20,250ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,380,919TotalAmt
Program Services$1,217,893ProgramServicesAmt
Management And General$162,230ManagementAndGeneralAmt
Fundraising$796FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,221TotalAmt
Program Services$9,443ProgramServicesAmt
Management And General$778ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$198,371TotalAmt
Program Services$181,699ProgramServicesAmt
Management And General$15,576ManagementAndGeneralAmt
Fundraising$1,096FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$139,538TotalAmt
Program Services$122,794ProgramServicesAmt
Management And General$15,349ManagementAndGeneralAmt
Fundraising$1,395FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$7,936TotalAmt
Program Services$6,984ProgramServicesAmt
Management And General$952ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,070TotalAmt
Program Services$942ProgramServicesAmt
Management And General$128ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$209,211TotalAmt
Program Services$184,106ProgramServicesAmt
Management And General$23,013ManagementAndGeneralAmt
Fundraising$2,092FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$42,289TotalAmt
Program Services$37,214ProgramServicesAmt
Management And General$4,652ManagementAndGeneralAmt
Fundraising$423FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
INSTRUCTIONAL MATERIALS$209,241$199,516$9,725
FOOD SERVICE$40,885$40,885
STUDENT FIELD TRIPS$16,238$16,238
NON-CAPITALIZED FURNITU$8,602$4,931$3,671

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,511TotalAmt
Program Services$3,970ProgramServicesAmt
Management And General$496ManagementAndGeneralAmt
Fundraising$45FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,509,168TotalAmt
Program Services$5,735,153ProgramServicesAmt
Management And General$733,622ManagementAndGeneralAmt
Fundraising$40,393FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$169,543BOYAmt
EOY$203,792EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,086,336BOYAmt
EOY$719,040EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$152,739BOYAmt
EOY$9,273EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$9,084BOYAmt
EOY$66,256EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,018,786LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$452,856LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$396,815BOYAmt
EOY$565,930EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$75,054BOYAmt
EOY$75,091EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,889,571BOYAmt
EOY$1,639,382EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$250,548BOYAmt
EOY$279,711EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$28,895BOYAmt
EOY$4,856EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$279,443BOYAmt
EOY$284,567EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,610,128BOYAmt
EOY$1,354,815EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,610,128BOYAmt
EOY$1,354,815EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,889,571BOYAmt
EOY$1,639,382EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$255,313ReconcilationRevenueExpnssAmt
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)
SchoolYes (X)SchoolInd

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$117,285OtherCostOrOtherBasisAmt
Depreciation$44,910DepreciationAmt
Book Value$72,375BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$644,674OtherCostOrOtherBasisAmt
Depreciation$322,397DepreciationAmt
Book Value$322,277BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$256,827OtherCostOrOtherBasisAmt
Depreciation$85,549DepreciationAmt
Book Value$171,278BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$565,930TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,259,651TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$5,796DonatedServicesAndUseFcltsAmt
Revenue Not Reported$5,796RevenueNotReportedAmt
Revenue Subtotal$6,253,855RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,253,855TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,514,964TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$5,796DonatedServicesUseFcltsAmt
Expenses Not Reported$5,796ExpensesNotReportedAmt
Expenses Subtotal$6,509,168ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,509,168TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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 POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT.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 Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL INCLUDES A NONDISCRIMINATORY POLICY IN IT'S PUBLICATION MATERIAL USED TO INFORM THE LOCAL COMMUNITY.
SCHEDULE E, PART I, LINE 4THE SCHOOL IS A FREE PUBLIC SCHOOL AND DOES NOT AWARD SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDING INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS.
SCHEDULE E, LINE 4A - RACIAL COMPOSITION OF STUDENT BODY, FACULTY AND STAFFTHE SCHOOL MAINTAINS RACIAL COMPOSITION OF THE STUDENT BODY, BUT NOT OF FACULTY AND ADMINISTRATIVE STAFF.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BOARD MEMBERS DR. RICHARD IZQUIERDO AND PALOMA HERNANDEZ ARE FATHER AND DAUGTHER.
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 THE BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS AS PART OF THIER REGULAR MEETINGS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST EXISTS.
FORM 990, PART VI, SECTION B, LINE 15COMPARIBLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES.
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 IX, LINE 11GPROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 47,151. MANAGEMENT AND GENERAL EXPENSES 12,637. FUNDRAISING EXPENSES 97. TOTAL EXPENSES 59,885. CONSULTANTS: PROGRAM SERVICE EXPENSES 1,170,742. MANAGEMENT AND GENERAL EXPENSES 149,593. FUNDRAISING EXPENSES 699. TOTAL EXPENSES 1,321,034.
FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C:THE SCHOOL HAS AN AUDIT/FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDANT AUDITOR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.