2014-04-29T08:39:19-05:00 2013-06-30 133842744 MBAF CPAS LLC 440 PARK AVE SOUTH-5TH FL NEW YORK NY 10016 990 2012-07-01 273530972 INVICTUS PREPARATORY CHARTER SCHOOL INVI 7182351682 370 FOUNTAIN AVENUE THIRD FLOOR BROOKLYN NY 11208 LUKE JUSTICE 7182351682 2014-04-17 1 P00236664 2125761400 2012 2015-11-30 17:44:51Z CHARLES GUERRERO 370 FOUNTAIN AVE 3RD FLOOR BROOKLYN NY 11208 3184900 0 X WWW.INVICTUSPREP.ORG X 2010 NY INVICTUS PREPARATORY CHARTER SCHOOL IS A FREE PUBLIC CHARTER SCHOOL WITH A SINGLE VISION - COLLEGE SUCCESS FOR ALL STUDENTS. ALL OF OUR STUDENTS WILL RECEIVE THE ACADEMIC AND ETHICAL FOUNDATION NECESSARY FOR SUCCESS AT FOUR-YEAR COLLEGES AND UNIVERSITIES. 9 9 39 9 0 0 468548 59 1519125 3184425 68 416 0 0 1987741 3184900 0 0 0 0 1202285 2122143 0 0 9679 711386 878245 1913671 3000388 74070 184512 401282 812604 170224 397034 231058 415570 X INVICTUS PREPARATORY CHARTER SCHOOL IS A FREE PUBLIC CHARTER SCHOOL WITH A SINGLE VISION - COLLEGE SUCCESS FOR ALL STUDENTS. ALL OF OUR STUDENTS WILL RECEIVE THE ACADEMIC AND ETHICAL FOUNDATION NECESSARY FOR SUCCESS AT FOUR-YEAR COLLEGES AND UNIVERSITIES. 0 0 1941502 2769975 GENERAL EDUCATION PROGRAM - INVICTUS PREP BELIEVES THAT IT TAKES A CERTAIN KIND OF ACADEMIC PROGRAM TO MAKE GOOD ON THE PROMISE OF COLLEGE SUCCESS FOR ALL. THESE CORE BELIEFS FRAME THE DECISIONS WE MAKE AS WE WORK TOWARDS THAT GOAL. FIRST, WE EXPECT ALL OF OUR SCHOLARS TO SUCCEED IN THE FOUR CORE ACADEMIC AREAS OF ENGLISH, MATH, SCIENCE, AND SOCIAL STUDIES. HOWEVER, PROFICIENCY IS NOT ENOUGH TO BE CONSIDERED COLLEGE-READY. WE EXPECT EVERY SINGLE ONE OF OUR SCHOLARS TO BECOME MASTERS OF THEIR STUDIES; INVICTUS PREP'S CURRICULUM IS BUILT TO ENSURE A SOUND ACADEMIC FOUNDATION FOR EVENTUAL EXPERTISE IN ALL SUBJECTS. NEXT, LITERACY IS THE ACADEMIC SKILL UPON WHICH ALL LEARNING IS BASED. A STUDENT CANNOT BE CONSIDERED COLLEGE-READY IF THEY CANNOT READ CRITICALLY, WRITE ELOQUENTLY, AND SPEAK FLUENTLY. INVICTUS PREP PROVIDES ITS STUDENTS WITH A MINIMUM OF TWO HOURS OF LITERACY INSTRUCTION DAILY. LASTLY, OUR EDUCATIONAL CURRICULUM IS FULLY ALIGNED TO THE NEW YORK STATE AND CITY PERFORMANCE AND LEARNING STANDARDS. 460877 414450 SPECIAL EDUCATION PROGRAM: AT INVICTUS PREP, SPECIAL EDUCATION STUDENTS BENEFIT FROM THE SAME SUPPORT AS OUR GENERAL EDUCATION POPULATION AND THEY ARE GIVEN ADDITIONAL SUPPORT TO ENSURE HIGH ACADEMIC SUCCESS. OUR STUDENTS BENEFIT FROM CO-TEACHING IN MAINSTREAM ELA AND MATH CLASSES IN ADDITION TO RECEIVING SMALL GROUP MATH AND LITERACY INTERVENTION. EACH GRADE IS ASSIGNED A GUIDANCE COUNSELOR, WHO WORKS WITH STUDENTS IN NEED OF SOCIO-EMOTIONAL SUPPORT. INVICTUS PREP CHARTER SCHOOL IS COMMITTED TO AN INCLUSIVE EDUCATION AND CONTRACTS WITH ANY AGENCIES NECESSARY TO PROVIDE RELATED SERVICES FOR STUDENTS WITH IDENTIFIED NEEDS. 2402379 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 39 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALEX MARCHUK 7182351682 370 FOUNTAIN AVENUE 3RD FLOOR BROOKLYN NY 11208 CHARLES GUERRERO 2.00 X X 0 0 0 RENEE CHUNG 1.00 X X 0 0 0 SHELLY CLEARY 1.00 X 0 0 0 KEVIN BROWN 1.00 X 0 0 0 ALEXANDER MARCHUK 1.00 X X 0 0 0 LUKE JUSTICE 2.00 X X 0 0 0 KA YEE TOM 1.00 X 0 0 0 ERICA AHDOOT 1.00 X 0 0 0 STEFAN ATKINSON 1.00 X 0 0 0 EDWARD GONZALEZ-NOVOA 1.00 X 0 0 0 CLIFFORD THOMAS 55.00 X 106785 0 8305 106785 0 8305 1 0 0 0 CHARTER SCHOOL BUSINESS MANAGEMENT 237 W 35TH STREET NEW YORK NY 10001 FINANCIAL CONSULTANTS 158669 1 59 59 PER PUPIL OPERATING RE 900099 2727901 2727901 FEES FROM GOVERNMENT C 900099 456524 456524 3184425 416 416 3184900 3184425 0 416 146106 130938 8595 6573 1640353 1413929 226424 37247 32210 4900 137 155992 134896 20522 574 142445 123182 18739 524 24534 24534 299612 91575 208037 53099 1458 51426 215 93066 87483 4653 930 15141 14384 757 8087 7683 404 5094 5094 54094 50848 2705 541 18504 17394 925 185 CLASSROOM SUPPLIES AND 125050 125050 STAFF PROFESSIONAL DEVE 77329 75279 2050 RECRUITMENT 55000 52250 2750 STUDENT TRANSPORTATION 23466 23466 26169 15260 10909 3000388 2402379 588330 9679 47842 434874 25023 75072 239032 76132 12907 26991 260395 64192 74103 196203 2375 3332 401282 812604 123809 383609 46415 13425 170224 397034 X 231058 415570 231058 415570 401282 812604 184512 0 X X 0 1 X 1 0 X 39100 13033 26067 141733 38956 102777 79562 12203 67359 196203 DUE TO NYC DEPARTMENT OF EDUCATION 13425 13425 X 3193581 8681 8681 3184900 0 3184900 3009069 8681 8681 3000388 0 3000388 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE UNITED STATES FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE SCHOOL IS SUBJECT TO INCOME TAX EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR ALL TAX YEARS. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. SHOULD THERE BE INTEREST ON UNDERPAYMENTS OF INCOME TAX, THE SCHOOL WOULD CLASSIFY IT AS INTEREST EXPENSE. THE SCHOOL WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENTS OF TAX AS OTHER EXPENSE. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL DECLARES ITS NON-DISCRIMINATION POLICY ON THE SCHOOL'S WEBSITE WHICH IS THE MAIN PORTAL TO ACCESS ITS ENROLLMENT. EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THE SCHOOL IS A FREE PUBLIC SCHOOL AND DOES NOT AWARD SCHOLARSHIPS OR FINANCIAL ASSISTANCE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GOVERNMENTAL ASSISTANCE FOR ACTIVITIES RELATED TO ITS EXEMPT PURPOSE OF PROVIDING EDUCATIONAL SERVICES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 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 THESE CHANGES TO THE AUDIT FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS AS PART OF THEIR REGULAR MEETINGS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DETERMINES THE EXECUTIVE DIRECTOR'S SALARY BASED ON COMPARABLE DATA. ANY SUCH DECISIONS WILL BE CAPTURED IN THE BOARD MEETING MINUTES. ANY CHANGES TO A STAFF MEMBERS SALARY WILL BE APPROVED BY THE EXECUTIVE DIRECTOR IN WRITING OR ELECTRONICALLY. A COPY OF THIS PAPERWORK WILL BE MAINTAINED IN THE EMPLOYEE'S FILE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.