2013-02-05T12:59:18-06:00 2012-06-30 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2011-07-01 061581474 BRONX PREPARATORY CHARTER SCHOOL BRON 7182940841 3872 THIRD AVENUE BRONX NY 10457 EDWINA BRANCH-SMITH 7182940841 2013-02-05 1 NANCY BLUME P00185943 2123721000 2011 2016-02-25 16:41:14Z EDWINA BRANCH-SMITH 3872 THIRD AVENUE BRONX NY 10457 11183468 0 X WWW.BRONXPREP.ORG X 2000 NY 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. 17 17 167 10 0 0 1481836 1032568 10094139 10113263 4766 2088 19938 -505 11600679 11147414 0 0 0 0 7973648 8116731 0 0 167278 3110286 2965412 11083934 11082143 516745 65271 4744502 4944317 229614 364158 4514888 4580159 X 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. 0 0 10311800 10113263 PROVIDE GENERAL SPECIAL EDUCATION AND ENRICHMENT SERVICES TO PUBLIC SCHOOL STUDENTS IN GRADES 5-12. 10311800 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 25 0 1 167 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MR ZAID MOHAMMED 7182940841 3872 THIRD AVENUE BRONX NY 10457 LAWRENCE BASCOM 1.00 X 0 0 0 CARLTON CHARLES 1.00 X 0 0 0 LILIETH FERGUSON 1.00 X 0 0 0 NANCY GARVEY 1.00 X X 0 0 0 PHIL GELSTON 1.00 X 0 0 0 STEVE GUGGENHEIMER 1.00 X 0 0 0 KRISTIN KEARNS JORDAN 1.00 X X 0 0 0 YULIANA KIM-GRANT 1.00 X 0 0 0 SCOTT NELSON 1.00 X 0 0 0 ANDREW PAUL 1.00 X 0 0 0 RICHARD SCHUBART 1.00 X 0 0 0 SHARON SIMPSON 1.00 X 0 0 0 RAVI SURIA 1.00 X 0 0 0 PHILIP WHARTON 1.00 X 0 0 0 DEBORAH L EVANGELAKOS 1.00 X 0 0 0 KAVITA DOLAN 1.00 X 0 0 0 LEE FLANAGAN 1.00 X 0 0 0 SAMONA JOE-TAIT THRU 93011 26.00 X 87568 47152 10806 ZAID MOHAMMED 22.00 X 66387 54317 17659 EDWINA BRANCH-SMITH FROM 8911 26.00 X 45026 24245 0 JACQUELINE KING-ROBINSON 40.00 X 166946 0 19445 MELISSA MELKONIAN 40.00 X 105964 0 10893 SAMRONG SO 40.00 X 111255 0 10670 583146 125714 69473 3 0 1 0 EXECUTIVE CLEANING SERVICE CORPORATION PO BOX 702 ELMSFORD NY 10523 JANITORIAL SERVICES 167525 NETWORK OUTSOURCE 135 DENTON AVENUE NEW HYDE PARK NY 11040 IT SUPPORT & SERVICES 103712 2 10700 633803 388065 117190 1032568 STATE & LOCAL PER PUPI 900099 10113263 10113263 10113263 2088 2088 7755 10700 36054 -28299 -28299 OTHER INCOME 900099 22745 22745 TRIP REVENUE 900099 5049 5049 27794 11147414 10141057 0 -26211 214581 197792 13035 3754 6238151 5750084 378942 109125 161380 147960 10306 3114 972870 892074 62060 18736 529749 485774 33781 10194 7161 7161 52432 52432 27058 25435 1082 541 36231 35431 195 605 911172 898748 8283 4141 153110 143923 6124 3063 70801 66553 2832 1416 FACILITY MAINTENANCE 427134 401506 17085 8543 STUDENT MEAL 317409 317409 CLASSROOM BOOKS AND SUP 293988 293988 EQUIPMENT AND FURNISHIN 185869 174717 7435 3717 483047 480406 2312 329 11082143 10311800 603065 167278 200021 1056192 2209652 1514282 826170 408250 10050 72815 2464284 908101 1498609 1556183 0 336595 4744502 4944317 181750 364158 47864 0 229614 364158 X 4314888 4430159 200000 150000 4514888 4580159 4744502 4944317 65271 0 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1849860 542687 1307173 530106 320394 209712 84318 45020 39298 1556183 DUE FROM AFFILIATE [501 (C)(3) ORGANIZATION] 336595 336595 11147414 11082143 65271 65271 12075179 927765 927765 11147414 0 11147414 12116082 1033939 1033939 11082143 0 11082143 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 INCOME TAXES. THE SCHOOL IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. FOR THE YEARS ENDED JUNE 30, 2012 AND 2011, 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 2008, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES AGAINST FUNDRAISING REVENUE 36,054. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 891,711. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES AGAINST FUNDRAISING REVENUE 36,054. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 997,885. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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 695 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. SCHOOL PLAY 12930 10700 2230 36054 2 5525 5525 18455 10700 7755 36054 36054 -28299 X X X X 0 0 0 0 0 0 0 0 0 JACQUELINE KING-ROBINSON 166946 0 0 0 0 0 8381 0 11064 0 186391 0 0 0 X COMPUTER & TELECOMUNICATION EQUIPMENT 1 117190 FAIR MARKET VALUE 0 0 0 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. 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 AN ESTIMATED WEEKLY AVERAGE HOURS OF THE BOARD OF DIRECTORS AND OFFICERS FROM RELATED ORGANIZATIONS: LAWRENCE BASCOM - 1 AVERAGE HOUR PER WEEK CARLTON CHARLES - 1 AVERAGE HOUR PER WEEK KAVITA DOLAN - 1 AVERAGE HOUR PER WEEK LILIETH FERGUSON - 1 AVERAGE HOUR PER WEEK LEE FLANAGAN - 1 AVERAGE HOUR PER WEEK NANCY GARVEY - 1 AVERAGE HOUR PER WEEK PHIL GELSTON - 1 AVERAGE HOUR PER WEEK YULIANA KIM-GRANT - 1 AVERAGE HOUR PER WEEK STEVE GUGGENHEIMER - 1 AVERAGE HOUR PER WEEK KRISTIN KEARNS JORDAN - 1 AVERAGE HOUR PER WEEK SCOTT NELSON - 1 AVERAGE HOUR PER WEEK ANDREW PAUL - 1 AVERAGE HOUR PER WEEK RICHARD SCHUBART - 1 AVERAGE HOUR PER WEEK SHARON SIMPSON - 1 AVERAGE HOUR PER WEEK RAVI SURIA - 1 AVERAGE HOUR PER WEEK PHILIP WHARTON - 1 AVERAGE HOUR PER WEEK DEBORAH L. EVANGELAKOS - 1 AVERAGE HOUR PER WEEK SOMONA TAIT - 14 AVERAGE HOURS PER WEEK EDWINA BRANCH-SMITH - 14 AVERAGE HOURS PER WEEK ZAID MOHAMMED - 18 AVERAGE HOURS PER WEEK FORM 990, PART VII, SECTION A & SCHEDULE J, PART II 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 0 0 0 0 0 1 0 0 0 1 0 1 0 0 FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL J 704100 LEASE AGREEMENT