2015-05-12T11:32:59-05:00 2014-06-30 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2013-07-01 201157094 OPPORTUNITY CHARTER SCHOOL OPPO 2128666137 240 WEST 113TH STREET NEW YORK NY 10026 MR LEONARD GOLDBERG CEO/HEAD OF SCHOOL 2128666137 2015-05-12 1 MARTIN GREIF P00029738 2123721000 2013 2016-03-07 17:11:31Z MR LEONARD GOLDBERG 240 WEST 113TH STREET NEW YORK NY 10026 10191119 0 X WWW.OPPORTUNITYCHARTER.ORG X 2004 NY SEE SCHEDULE O FOR DESCRIPTION OF THE ORGANIZATION'S MISSIONTHE OPPORTUNITY CHARTER SCHOOL'S PRIMARY MISSION IS TO PROVIDE FREE AND PUBLIC SPECIAL EDUCATION SERVICES TO NEW YORK CITY'S STUDENTS WHILE SIMULTANEOUSLY PROVIDING THE HIGHEST QUALITY EDUCATION TO ALL STUDENTS. 8 8 133 8 0 0 81018 68324 9973803 10117470 4331 4597 4694 728 10063846 10191119 0 0 0 0 8275206 8500578 0 0 17781 1409148 1631084 9684354 10131662 379492 59457 3287062 3102269 1237190 992940 2049872 2109329 X AT OPPORTUNITY CHARTER SCHOOL, WE WELCOME ALL STUDENTS IN GRADES 6 THROUGH 12, REGARDLESS OF PREVIOUS ACADEMIC SUCCESS: STUDENTS WHO ARE YEARNING TO LEARN, STUDENTS WHO HAVE FALLEN BEHIND, STUDENTS WHO HAVE BEEN TOLD THEIR ASPIRATIONS ARE BEYOND REACH.THROUGH A POSITIVE BELIEF IN EVERY STUDENT'S PROMISE, WE ARE COMMITTED TO BRINGING THEIR POTENTIAL TO LIFE.WE PROVIDE STAFF AND STUDENTS WITH A SAFE, SUPPORTIVE ENVIRONMENT IN WHICH TO PURSUE PERSONAL DEVELOPMENT THROUGH AN INDIVIDUALIZED PLAN TAILORED TO THEIR UNIQUE NEEDS.WE NURTURE INTELLECTUAL AND PERSONAL GROWTH. STUDENTS RECEIVE DIFFERENTIATED INSTRUCTION IN EVERY CURRICULAR AREA FROM OUR HIGHLY-TRAINED STAFF, WITH THE GOAL OF EXPANDING THEIR HIGHER COGNITIVE FUNCTIONING.OUR SCHOOL CULTURE IS PERFORMANCE-DRIVEN AND RESULTS-ORIENTED. STUDENTS GRADUATE HAVING ACHIEVED A CLEARLY DEMONSTRATED ACADEMIC AND SOCIAL FOUNDATION, AS WELL AS A DEEP UNDERSTANDING OF THEIR OWN STRENGTHS AND WEAKNESSES. 0 0 5369415 5993848 SPECIAL EDUCATION:THE SPECIAL EDUCATION GRADUATION RATE CONTINUES TO BE ABOVE THE CITY'S AVERAGE. 1847014 2061811 HIGH SCHOOL:THE PERCENT OF STUDENTS EARNING 10+ CREDITS IN 3RD YEAR IS GREATER THAN 76% OF THE PEER RANGE OF LIKE SCHOOLS. WEIGHTED REGENTS PASSING RATES SHOW LARGE INCREASES IN ENGLISH, MATHEMATICS, SCIENCE, AND US HISTORY AS COMPARED TO PEER SCHOOLS. AVERAGE COMPLETION RATE FOR REMAINING REGENTS SHOWS CONSISTENT GROWTH FOR TWO YEARS AND HAS REACHED ABOVE AVERAGE PERFORMANCE AS COMPARED TO LIKE SCHOOLS. 1847014 2061811 MIDDLE SCHOOL:MEDIAN ADJUST GROWTH IN ENGLISH LANGUAGE ARTS ("ELA") CONTINUES TO BE ABOVE THE AVERAGE OF PEER AND CITY SCHOOL, 63RD AND 66TH PERCENTILE, RESPECTIVELY. STUDENTS IN THE SCHOOL'S LOWEST THIRD PERFORMED IN THE 73RD PERCENTILE CITYWIDE FOR GROWTH IN ELA. 9063443 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 133 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MR LEONARD GOLDBERG CEOHEAD OF SCHOOL 2128666137 240 WEST 113TH ST 4TH FL NEW YORK NY 10026 X MARK ALTER TRUSTEE 2.00 X 0 0 0 ALICE CUTLER VICE-CHAIR 2.00 X X 0 0 0 PEGGY CULVER TRUSTEE 2.00 X 0 0 0 JULIE MCGEE TRUSTEE 2.00 X 0 0 0 PHILIP PALLONE TRUSTEE 2.00 X 0 0 0 JERRY SCHWARTZ TRUSTEE 2.00 X 0 0 0 JUNE SMITH CHAIR 2.00 X X 0 0 0 ROBERT ZELLNER TREAS/SEC./CHAIR OF FIN. COMMITTEE 2.00 X X 0 0 0 LEONARD GOLDBERG CEO/HEAD OF SCHOOL 60.00 X 194112 0 48798 MARYA BAKER DIRECTOR OF CURRICULUM 55.00 X 140231 0 39852 EMILY SAMUELS ASST. HEAD OF SCHOOL 55.00 X 128769 0 24207 ALLISON MUTZEL MIDDLE SCHOOL PRINCIPAL 50.00 X 120381 0 25305 JESSICA MARCU SPECIAL ED DIRECTOR 50.00 X 112434 0 23212 M HAWN DIRECTOR OF ASSESSMENTS 50.00 X 111139 0 36902 807066 0 198276 8 0 1 0 SIGMA SYSTEMS GROUP INC 716 ST NICHOLAS AVENUE 1 NEW YORK NY 10031 TECHNOLOGY SERVICES 118279 D & B CONSULTING 12 STEVENSON LANE CHESTERFIELD NJ 08515 HUMAN RESOURCE CONSULTANT 116863 2 68324 68324 PER PUPIL FEES 611110 9660301 9660301 GOVERNMENT GRANTS 611110 457169 457169 10117470 4597 4597 OTHER INCOME 900099 728 728 728 10191119 10117470 0 5325 251342 226208 15151 9983 6485912 6195597 283781 6534 558113 531505 26608 527659 483780 43879 677552 610539 65749 1264 103695 10500 93195 148268 148268 276062 198499 77563 290844 201795 89049 132421 125800 6621 96196 89084 7112 6508 5707 801 1554 1476 78 179319 76162 103157 81390 3612 77778 PROFESSIONAL DEVELOPMEN 151781 151781 TEXTS & INSTRUCTIONAL M 118410 118410 STUDENT & TEACHER RECRU 44636 32988 11648 10131662 9063443 1050438 17781 11906 11909 2619430 2502210 153782 258890 269278 92610 1730196 1493546 232666 236650 3287062 3102269 1208134 977200 29056 15740 1237190 992940 X 2049872 2109329 2049872 2109329 3287062 3102269 59457 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 324887 286181 38706 1162242 1004870 157372 243067 202495 40572 236650 CAPITAL LEASE OBLIGATIONS 15740 15740 X 10226119 35000 35000 10191119 0 10191119 10166662 35000 35000 10131662 0 10131662 PART X, LINE 2: THE CHARTER SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CHARTER SCHOOL IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE CHARTER SCHOOL IS SUBJECT TO TAXES ON UNRELATED BUSINESS INCOME (UBIT), IF APPLICABLE. FOR THE TAX YEARS ENDED JUNE 30, 2014 AND 2013, THE CHARTER SCHOOL DID NOT OWE ANY UBIT. MANAGEMENT EVALUATED THE CHARTER SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE CHARTER SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, THE CHARTER SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2011, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS, THE OPPORTUNITY CHARTER SCHOOL INCLUDES IN ITS PUBLICATION MATERIAL THE FOLLOWING DISCRIMINATION POLICY: THE SCHOOL SHALL NOT DISCRIMINATE ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY. SCHEDULE E, PART I, LINE 6 OPPORTUNITY CHARTER SCHOOL RECEIVES FEDERAL TITLE GRANTS AND IDEA FUNDS, AS WELL AS NEW YORK CITY DEPARTMENT OF EDUCATION FUNDS BASED ON PER PUPIL FTE HEADCOUNT. X X X 0 0 0 0 0 0 0 0 0 LEONARD GOLDBERG CEO/HEAD OF SCHOOL 194112 0 0 0 0 0 25235 0 23563 0 242910 0 0 0 MARYA BAKER DIRECTOR OF CURRICULUM 140231 0 0 0 0 0 18230 0 21622 0 180083 0 0 0 EMILY SAMUELS ASST. HEAD OF SCHOOL 128769 0 0 0 0 0 0 0 24207 0 152976 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE DELEGATION OF THE ACCOUNTING MANAGER/CONTROLLER POSITION WAS OUTSOURCED TO AN OUTSIDE FIRM, KIWI PARTNERS, INC., THAT WORKS UNDER CONTRACT WITH OPPPORTUNITY CHARTER SCHOOL AND REPORTS DIRECTLY TO THE EXECUTIVE DIRECTOR. IN FY 2014, KIWI PARTNERS, INC. RECEIVED $111,925 FOR SERVICES PROVIDED. FORM 990, PART VI, SECTION B, LINE 11 THE ACCOUNTANTS REVIEW FORM 990 WITH THE CEO, AND THE CEO REPORTS TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. THE 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE SUBMITTED TO THE HUMAN RESOURCES DEPARTMENT BY EACH TRUSTEE, OFFICER AND KEY EMPLOYEE ANNUALLY. THE HUMAN RESOURCES DEPARTMENT MANAGER RESOLVES ANY ISSUES RELATED TO THE CONFLICT OF INTEREST POLICY. IN THE EVENT OF A CONFLICT, THE INDIVIDUAL WITH SUCH CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATION AND DECISION RELATED TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S FINANCE COMMITTEE, IN COLLABORATION WITH THE CEO, USES COMPENSATION SURVEYS, RELATED MARKET RESEARCH, AND EVALUATION OF PERFORMANCE AND EXPERIENCE IN DETERMINING COMPENSATION FOR THE CEO AND IF APPLICABLE OTHER OFFICERS AND KEY EMPLOYEES. THE FINANCE COMMITTEE THEN PRESENTS THE RECOMMENDATIONS OF ANY INCREASES TO THE BOARD OF TRUSTEES. THE COMPENSATION DISCUSSIONS AND DETERMINATIONS REGARDING THE COMPENSATION ARRANGEMENT ARE DOCUMENTED IN THE RESPECTIVE CONTRACTS, WHICH ARE SIGNED BY THE BOARD CHAIR. THERE WERE NO OTHER OFFICERS OR KEY EMPLOYEES DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION COMPLETES AN ANNUAL REPORT CONTAINING THIS INFORMATION. THIS REPORT IS PROVIDED TO THE NYC DEPARTMENT OF EDUCATION AND THE STATE EDUCATION DEPARTMENT AND IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS.