2015-03-13T18:16:47-05:00 2014-06-30 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2013-07-01 061581474 BRONX PREPARATORY CHARTER SCHOOL BRON 7182940841 3872 THIRD AVENUE BRONX NY 10457 NANCY GARVEY BOARD CHAIR 7182940841 2015-03-13 1 MARTIN GREIF P00029738 2123721000 2013 2016-04-25 22:37:26Z NANCY GARVEY 3872 THIRD AVENUE BRONX NY 10457 10427077 0 X WWW.BRONXPREP.ORG X 2000 NY BRONX PREPARATORY IS A CHARTER SCHOOL LOCATED IN THE SOUTH BRONX SERVING GRADES 5 THORUGH 12. 15 15 144 20 0 0 1082078 74590 9943892 10273876 3025 17076 14194 9155 11043189 10374697 0 0 0 0 8082189 8334580 0 0 136653 3088891 3891155 11171080 12225735 -127891 -1851038 4666261 3392029 211281 788087 4454980 2603942 X THE MISSION OF THE BRONX PREPARATORY CHARTER SCHOOL IS TO PREPARE UNDERSERVED MIDDLE AND HIGH SCHOOL STUDENTS FOR HIGHER EDUCATION, COMMUNITY INVOLVEMENT AND LIFELONG SUCCESS THROUGH A STRUCTURED, CARING ENVIRONMENT OF HIGH ACADEMIC EXPECTATIONS. WE STRIVE TO DEVELOP EIGHT CORE VALUES IN OUR SCHOLARS (THE 7 CS+1): CURIOSITY, COMMITMENT, COMPETENCE, CHARACTER, CONFIDENCE, CARING, COMMUNITY AND COMMUNICATION. 0 0 11426569 10283031 BRONX PREPARATORY IS A CHARTER SCHOOL LOCATED IN THE SOUTH BRONX SERVING GRADES 5 THORUGH 12, WAS FOUNDED IN THE BELIEF THAT ALL CHILDREN IN AMERICA DESERVE AN EDUCATION ENABLING THEM TO FULFILL THEIR POTENTIAL AND REALIZE THER DREAMS. TO PREPARE OUR STUDENTS FOR ENROLLMENT AT COMPETITIVE COLLEGES, BRONX PREPARATORY IS COMMITTED TO PROVIDING A QUALITY EDUCATION FOR MIDDLE AND HIGH SCHOOL STUDENTS THAT CHALLENGES THEM TO ACHIEVE AT THE HIGHEST LEVELS. 11426569 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 64 0 1 144 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X HOWARD SCHNIDMAN 9178317979 3872 THIRD AVENUE BRONX NY 10457 X KAVITA DOLAN BOARD MEMBER 1.00 1.00 X 0 0 0 DEBORAH L EVANGELAKOS BOARD MEMBER 1.00 1.00 X 0 0 0 JESSICA RODULFO BOARD MEMBER 1.00 1.00 X 0 0 0 LEE FLANAGAN BOARD MEMBER 1.00 1.00 X 0 0 0 NANCY GARVEY BOARD CHAIR 1.00 1.00 X X 0 0 0 PHIL GELSTON BOARD MEMBER 1.00 1.00 X 0 0 0 YULIANA KIM-GRANT BOARD MEMBER 1.00 1.00 X 0 0 0 KRISTEN MACLEOD BOARD MEMBER 1.00 1.00 X 0 0 0 SCOTT NELSON BOARD MEMBER 1.00 1.00 X 0 0 0 DAVID ROMAN BOARD MEMBER 1.00 1.00 X 0 0 0 RICHARD SCHUBART BOARD MEMBER 1.00 1.00 X 0 0 0 RAVI SURIA BOARD MEMBER 1.00 1.00 X 0 0 0 MARICRUZ ALVARADO BOARD MEMBER 1.00 1.00 X 0 0 0 PHILIP WHARTON BOARD MEMBER 1.00 1.00 X 0 0 0 BRIAN BERGER BOARD MEMBER 1.00 1.00 X 0 0 0 EDWINA BRANCH-SMITH HEAD OF SCHOOL - THRU 3/1/14 26.00 14.00 X 117661 63356 8327 ZAID MOHAMMED CFO/COO 22.00 18.00 X 71928 58850 31836 FRED GIVENS HIGH SCHOOL PRINCIPAL 40.00 X 143360 0 138 JUDITH STODDART HIGH SCHOOL ASSISTANT PRINCIPAL 40.00 X 112291 0 7522 JACQUELINE KING-ROBINSON MIDDLE SCHOOL PRINCIPAL 40.00 X 131430 0 26824 MELISSA MELKONIAN MIDDLE SCHOOL ASSISTANT PRINCIPAL 40.00 X 114322 0 13455 690992 122206 88102 5 0 1 0 KAPLAN HIGHER EDUCATION CORP PO BOX 203882 DALLAS TX 753203882 STUDENT TEST PREPARATION SERVICES 519880 EXECUTIVE CLEANING SERVICE CORPORATION PO BOX 702 ELMSFORD NY 10523 JANITORIAL SERVICES 148774 CITADEL NY INC 62 WILLIAM STREET 6TH FLOOR NEW YORK NY 10005 TECHNOLOGY SUPPORT SERVICES 140913 3 74590 55640 74590 STATE & LOCAL PER PUPIL 611110 9468264 9468264 OTHER GOV'T GRANTS 611110 805612 805612 10273876 9532 9532 59924 52380 7544 7544 7544 OTHER INCOME 900099 7241 7241 TRIP REVENUE 611110 1914 1914 9155 10374697 10283031 0 17076 158726 60957 82294 15475 6837094 6528719 232223 76152 79257 74503 3688 1066 641071 602621 29825 8625 618432 581339 28772 8321 87218 87218 84271 84271 20115 18908 805 402 100985 96962 1960 2063 237553 223300 9502 4751 923641 910468 8782 4391 194822 183133 7793 3896 87946 82669 3518 1759 CLASSROOM BOOKS AND SUP 710892 710892 FACILITY MAINTENANCE 420491 395261 16820 8410 STAFF RECRUITMENT AND P 292104 240887 51217 STUDENT MEAL 257263 257263 473854 458687 13825 1342 12225735 11426569 662513 136653 741260 400462 1293537 805615 202852 114519 88769 18875 2431203 1155940 1420021 1275263 769264 777295 150558 0 4666261 3392029 211281 386604 23912 0 377571 211281 788087 X 4454980 2603942 4454980 2603942 4666261 3392029 -1851038 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1873878 725214 1148664 470932 385221 85711 86393 45505 40888 1275263 DUE TO AFFILIATE [501 (C)(3) ORGANIZATION] 377571 377571 X 11161496 786799 786799 10374697 0 10374697 13036061 810326 810326 12225735 0 12225735 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND FROM STATE AND LOCAL INCOME TAXES. THE SCHOOL IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. FOR THE YEARS ENDED JUNE 30, 2014 AND 2013, THE SCHOOL DID NOT OWE ANY UBIT. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THESE FINANCIAL STATEMENTS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2011 WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 786,799. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 810,326. 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, BRONX PREPARATORY CHARTER SCHOOL, INCLUDES IN ITS PUBLICATION MATERIAL THE FOLLOWING NONDISCRIMINATORY POLICY: THE SCHOOL SHALL NOT DISCRIMINATE AGAINST A STUDENT ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION FOR PROVIDING AN EXTENDED-YEAR CHARTER MIDDLE AND HIGH SCHOOL COLLEGE PREPARATORY EDUCATION TO 640 NYC 5TH - 12TH GRADERS. THE SCHOOL ALSO RECEIVED FEDERAL TITLE I, IIA FUNDS TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS. THE SCHOOL ALSO RECEIVES MEAL FUNDING THROUGH THE SCHOOL BREAKFAST PROGRAM AND THE NATIONAL SCHOOL LUNCH PROGRAM. X X X 0 0 0 0 0 0 0 1 0 EDWINA BRANCH-SMITH HEAD OF SCHOOL - THRU 3/1/14 116036 62481 1625 875 0 0 5323 2866 90 48 123074 66270 0 0 ZAID MOHAMMED CFO/COO 71928 58850 0 0 0 0 3889 3182 13620 11145 89437 73177 0 0 JACQUELINE KING-ROBINSON MIDDLE SCHOOL PRINCIPAL 128430 0 3000 0 0 0 6747 0 20077 0 158254 0 0 0 PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED NON-FIXED PAYMENTS IN THE FORM OF BONUS DURING THE CALENDAR YEAR ENDED 2013. BONUSES ARE BASED ON THE BOARD'S DISCRETION. - EDWINA BRANCH-SMITH, HEAD OF SCHOOL - $2,500 - JACQUELINE KING-ROBINSON, MIDDLE SCHOOL PRINCIPAL - $3,000 - MELISSA MELKONIAN, MIDDLE SCHOOL ASSISTANT PRINICIPAL - $3,000 X 30006 FAIR MARKET VALUE X NETWORK SERVE 1 25634 0 0 0 PART I, COLUMN (B): IN PART I, COLUMN B, REPRESENTS THE NUMBER OF DONORS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS INITIALLY REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD AND THEN DISTRIBUTED TO EACH BOARD MEMBER FOR ADDITIONAL REVIEW AND COMMENT PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER AND KEY EMPLOYEE IS REQUIRED YEARLY TO COMPLETE A DISCLOSURE OF FINANCIAL INTEREST FORM THAT DOCUMENTS EXISTING AND POTENTIAL CONFLICTS OF INTEREST. MANAGEMENT MONITORS POTENTIAL CONFLICTS AND REPORTS, IF NECESSARY, TO BOARD LEADERSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION WAS NEGOTIATED AT THE TIME OF INITIAL EMPLOYMENT IN 2011 BASED ON COMPARABLE DATA PROVIDED BY THE NEW YORK CITY CHARTER SCHOOL CENTER AND NON-PROFIT COORDINATING COMMITTEE SURVEY DATA. SUBSEQUENT INCREASES HAVE BEEN NOMINAL FOR ALL ADMINISTRATORS DUE TO FINANCIAL CIRCUMSTANCES IN NEW YORK STATE PUBLIC SCHOOLS. A PROCESS THAT INCLUDES SURVEY OF COMPARABLE POSITIONS AND PERFORMANCE EVALUATION IS IN PLACE FOR FUTURE YEARS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY A NUMBER OF FACTORS, INCLUDING PERFORMANCE EVALUATION AND COMPARISON WITH COMPENSATION INFORMATION FROM THE NEW YORK CITY CHARTER SCHOOL CENTER, THE NEW YORK CITY DEPARTMENT OF EDUCATION, AND THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE BOARD APPROVES COMPENSATION FOR THE HEAD OF SCHOOL AND KEY EMPLOYEES OF THE SCHOOL. CONTEMPORANEOUS SUBSTANTIATION OF THE COMPENSATION DISCUSSIONS AND DETERMINATION REGARDING THE COMPENSATION ARRANGEMENT IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 BY LAW, BOARD OF TRUSTEE MEETINGS ARE OPEN TO THE PUBLIC, WITH MEETING TIMES AND LOCATIONS ANNOUNCED PUBLICLY AHEAD OF TIME. MATERIAL DISTRIBUTED AT MEETINGS, INCLUDING BUDGETS AND FINANCIAL STATEMENTS, ARE AVAILABLE TO ALL PRESENT. BECAUSE BRONX PREP AND FRIENDS OF BRONX PREP BUDGET AND REPORT ON A CONSOLIDATED BASIS, THIS INFORMATION IS AVAILABLE FOR BOTH ORGANIZATIONS. DETAILED REPORT ON BRONX PREP'S AUTHORIZER VISITS, RENEWAL REPORTS, ACCOUNTABILITY PLAN PROGRESS, AND STATE EDUCATION DEPARTMENT REPORT CARD ARE AVAILABLE ON THE SUNY CHARTER SCHOOLS INSTITUTE WEBSITE: WWW.NEWYORKCHARTERS.ORG UNDER THE FREEDOM OF INFORMATION LAW, INFORMATION IS ALSO AVAILABLE ON-SITE AT THE SCHOOL AND UPON REQUEST. FORMS 990 ARE POSTED AT WWW.GUIDESTAR.ORG. FORM 990, PART VII, SECTION A: 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. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 3872 THIRD AVENUE BRONX NY 10457 161571685 SUPPORTING ORGANIZATION NY 501(C)(3) 11A BRONX PREPARATORY CHARTER SCHOOL 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL K 704100 LEASE AGREEMENT FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL E 377571 CONTRACTUAL AGREEMENT