2015-05-14T08:54:32-05:00 2014-06-30 132839033 BILLET FEIT & PREIS PC 42 BROADWAY SUITE 1815 NEW YORK NY 10004 990 2013-07-01 113444169 BAY RIDGE PREPARATORY SCHOOL BAYR 7188338650 8101 RIDGE BLVD BROOKLYN NY 11209 CHARLES FASANO HEAD OF SCHOOL/TRUSTEE 7188338650 2015-05-14 1 ELIHU D BAER P00122903 2124253300 2015-05-13 2013 2016-02-25 16:41:14Z CHARLES FASANO 8101 RIDGE BLVD BROOKLYN NY 11209 10988035 0 X WWW.BAYRIDGEPREP.ORG X 1998 NY PLEASE SEE ATTACHED STATEMENTKINDERGARTEN THROUGH GRADE 12 PRIVATE SCHOOL DEDICATED TO ENRICHING INTELLECTUAL CURIOSITY AND EMOTIONAL INTELLIGENCE THROUGH A STUDENT CENTERED COMMUNITY THAT VALUES THE UNIQUE TALENTS AND LEARNING STYLES OF EACH INDIVIDUAL 8 5 128 0 0 0 311409 471092 10102390 10410639 2137 3284 77280 103020 10493216 10988035 1233523 1243040 0 0 6510390 7165022 0 0 110502 2164989 2191353 9908902 10599415 584314 388620 11219139 11911091 5640641 5943973 5578498 5967118 X SEE SCHEDULE O 0 0 9238343 1243040 EDUCATIONAL INSTRUCTION FOR APPROXIMATELY 410 STUDENTS, GRADES KINDERGARTEN THROUGH 12. PROGRAMS INCLUDING AFTER SCHOOL AND STUDENT ACTIVITIES. 9238343 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 128 1 0 0 0 0 0 0 0 0 0 0 X 8 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X SABINA CLIFFORD 7188338650 8717 THIRD AVE BROOKLYN NY 11209 RALPH FASANO TRUSTEE 1.00 X 0 0 0 MICHAEL DEALY HEAD OF SCHOOL/TRUSTEE 40.00 X 238292 0 40343 DIANE BAKER TRUSTEE 1.00 X 0 0 0 HELEN GALETTE TRUSTEE 1.00 X 0 0 0 VINCENT THEURER TRUSTEE 1.00 X 0 0 0 ROBERT TOWNLEY PRESIDENT 1.00 X 0 0 0 JASON CALACANIS TREASURER 1.00 X 0 0 0 CHARLES FASANO HEAD OF SCHOOL/TRUSTEE 40.00 X 239958 0 58204 SABINA CLIFFORD BUSINESS MANAGER 40.00 X 121683 0 15111 JOHN KUGLER BRIDGE PROGRAM DIR. 40.00 X 122856 0 7761 CHRIS NUESELL DIRECTOR OF GUIDANCE 40.00 X 113655 0 29296 ANTHONY CAMPBELL ATHLETIC DIRECTOR 40.00 X 121850 0 19025 958294 0 169740 6 0 1 0 0 189106 1250 280736 36003 471092 STUDENT TUITION FEES 10410639 10410639 10410639 3284 3284 0 189106 0 0 MISC INCOME 103020 103020 103020 10988035 10516943 0 0 X 1243040 1243040 478250 239125 239125 5245419 4799031 369821 76567 336363 279285 52126 4952 653635 595652 50009 7974 451355 397297 48020 6038 20411 20411 65362 9270 56092 52966 52966 45125 31368 13757 30958 29972 986 30305 26393 3512 400 93154 86502 6652 293421 259703 33718 32207 14798 17409 124343 121022 2884 437 153951 149647 4012 292 115045 34607 79963 475 TEACHING & CLASSROOM SU 164446 164446 BAD DEBT EXPENSES 164422 164422 ATHLETICS EXPENSES 129754 129754 REPAIRS & MAINTENANCE 103045 102451 594 572438 360558 198513 13367 10599415 9238343 1250570 110502 5902780 6584910 1035514 935726 35803 40997 4770511 735250 4070284 4035261 174758 314197 11219139 11911091 71195 81258 1441661 1703621 3207058 3121100 920727 1037994 5640641 5943973 X 5279727 5967118 298771 0 5578498 5967118 11219139 11911091 388620 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 800000 800000 3266540 111276 3155264 401134 401134 0 243938 222840 21098 58899 58899 4035261 ACCRUED SALARY AND FICA 755330 ACCRUED HEALTH BENEFITS 102615 ACCRUED PENSION PAYABLE 94091 MORTGAGE PAYABLE - CURRENT 85958 1037994 9744995 0 9744995 1243040 1243040 10988035 9356375 0 9356375 1243040 1243040 10599415 PART XI, LINE 4B - OTHER ADJUSTMENTS: THE AUDITED FINANCIAL STATEMENTS DOES NOT INCLUDE THE VALUE OF THE SCHOLARSHIP GIVEN OUT TO VARIOUS STUDENTS PART XII, LINE 4B - OTHER ADJUSTMENTS: THE AUDITED FINANCIAL STATEMENTS DOES NOT INCLUDE THE VALUE OF THE SCHOLARSHIP GIVEN OUT TO VARIOUS STUDENTS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER ADDS CONTAIN NONDISCRIMINATORY STATEMENTS. ENROLLMENT APPLICATION CONTAINS SIMILAR STATEMENTS TURKEY TROT 102138 102138 CAPITAL CAMPAIGN 86583 86583 1 385 385 189106 189106 0 HARDSHIP DISCOUNTS 20 221625 FACULTY DISCOUNT 15 228800 SCHOLARSHIPS 57 597729 SIBLING DISCOUNT 58 194886 FORM 990 SCHEDULE I PART III PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS, BAY RIDGE PREPARATORY SCHOOLS SCHOLARSHIPS AND DISCOUNTS ARE BASED PRIMARILY ON MERIT AWARDS AND FACULTY AND STUDENT DISCOUNTS. NEW STUDENTS ENTERING GRADE 6 AND GRADE 9 TAKE A SCHOLARSHIP ENTRANCE EXAMINATION. AWARDS ARE BASED ON TEST SCORES, ADMISSION DOCUMENTS, AND/OR INTERVIEWS. MERIT AWARDS ARE ALSO GIVEN IN THE FORM OF SCHOLARSHIPS TO CURRENT STUDENTS. DISCOUNTS ARE GIVEN TO FACULTY FOR THEIR CHILDREN ATTENDING THE SCHOOL. DISCOUNTS ARE GIVEN TO SIBLINGS OF STUDENTS ALREADY ENROLLED IN THE SCHOOL X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL DEALY HEAD OF SCHOOL/TRUSTEE 238292 0 0 0 0 0 32964 0 7379 0 278635 0 0 0 CHARLES FASANO HEAD OF SCHOOL/TRUSTEE 239958 0 0 0 0 0 33012 0 25192 0 298162 0 0 0 X 36004 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RELATED PARTY INFORMATION AMONG OFFICERS-CHARLES FASANO - SCHOOL HEAD. BROTHER RALPH - BROTHER OF RALPH FASANO TRUSTEE AND BROTHER OF SABINA CLIFFORD - BUSINESS MANAGER FORM 990, PART VI, SECTION B, LINE 11 TAX RETURNS ARE REVIEWED BY ALL BOARD MEMBERS, EITHER AT BOARD MEETINGS OR BY E-MAIL, BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST QUESTIONNAIRE. THE BY LAWS INCLUDE A STRAIGHT FORWARD CONFLICT OF INTEREST STATEMENT. A MEMBER OF THE BOARD OF TRUSTEES SHALL DISCLOSE TO THE BOARD, ANY RELATIONSHIP THAT HE OR SHE MAY HAVE WITH ANY PERSON, CORPORATION OR OTHER ENTITY. BOARD MEMBERS MUST RECUSE THEMSELVES FROM ANY VOTES INVOLVING A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A A BOARD COMPENSATION COMMITTEE UTILIZED COMPARABLE COMPENSATION DATA TO DETERMINE SALARIES OF HEADS OF SCHOOL. THE BOARD ALSO USED AN INDEPENDENT COMPENSATION CONSULTANT FOR EXECUTIVE COMPENSATION. THE COMPENSATION IS THEN APPROVED BY THE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 SABINA CLIFFORD 8717 THIRD AVE. BROOKLYN, NY (718)833-8650 FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 31,368. MANAGEMENT AND GENERAL EXPENSES 13,757. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,125.