2013-05-14T08:26:00-05:00 2012-06-30 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2011-07-01 274367067 BROOME STREET ACADEMY CHARTER HIGH SCHOOL BROO 2124530295 121 AVENUE OF THE AMERICAS NEW YORK NY 10013 JEREMY L KAPLAN 2124530295 2013-05-13 1 MARTIN GREIF P00029738 2123721000 2011 2016-02-24 21:20:13Z JEREMY L KAPLAN 121 AVENUE OF THE AMERICAS NEW YORK NY 10013 3091814 0 X WWW.BROOMESTREETACADEMY.ORG X 2010 NY BROOME STREET ACADEMY CHARTER HIGH SCHOOL ("BSA") PREPARES VULNERABLE STUDENTS TO GRADUATE WITH A REGENTS DIPLOMA THROUGH A RIGOROUS CURRICULUM THAT IS GROUNDED IN THE PRINCIPLES OF POSITIVE YOUTH DEVELOPMENT. IT IS A PUBLIC CHARTER HIGH SCHOOL AUTHORIZED BY THE STATE UNIVERSITY OF NEW YORK'S BOARD OF TRUSTEES. 15 15 21 30 0 0 388050 375390 0 2712303 0 121 0 -10599 388050 3077215 0 0 0 0 131859 1570375 0 0 66384 52495 871625 184354 2442000 203696 635215 203696 1119837 0 280926 203696 838911 X THE BROOME STREET ACADEMY CHARTER HIGH SCHOOL ("BSA") IS A 9TH -12TH GRADE HIGH SCHOOL LOCATED IN MANHATTAN. WHILE THE PHYSICAL ADDRESS OF THE SCHOOL LIES WITHIN COMMUNITY SCHOOL DISTRICT TWO (CSD 2), LOTTERY "PREFERENCE" WILL BE PROVIDED FOR ALL AT-RISK YOUTH. AT THE ACADEMY, THE MOST "DISCONNECTED" YOUNG PEOPLE WILL HAVE THE OPPORTUNITY TO REALIZE EXCELLENT ACADEMIC ACHIEVEMENT THROUGH THE SUPPORT THEY RECEIVE IN AN ENVIRONMENT THAT IS SHAPED BY THE MAIN TENETS OF YOUTH DEVELOPMENT. IN ORDER TO FULFILL THESE COMMITMENTS, THE ACADEMY IS PARTNERING AND WILL BE CO-LOCATED WITH THE DOOR- A CENTER OF ALTERNATIVES, INC. ("THE DOOR"). 0 0 1832085 2712303 BROOME STREET ACADEMY CHARTER HIGH SCHOOL ("BSA") IS A NEW YORK STATE, NOT-FOR-PROFIT EDUCATIONAL CORPORATION OPERATING AS A CHARTER SCHOOL IN MANHATTAN, NEW YORK. ON OCTOBER 19, 2010, THE BOARD OF REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK GRANTED THE ACADEMY A PROVISIONAL CHARTER VALID FOR A TERM OF FIVE YEARS AND RENEWABLE UPON EXPIRATION. THE CHARTER AUTHORIZED BSA TO PROVIDE INSTRUCTION TO STUDENTS IN THE NINTH THROUGH TWELFTH GRADES. 1832085 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 4 0 1 21 1 0 0 0 0 0 1 1 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 X IRMA GONZALEZ 2124530297 121 AVENUE OF THE AMERICAS NEW YORK NY 10013 M DAVID ZURNDORFER 15.00 X X 0 0 0 JANICE NITTOLI 3.00 X X 0 0 0 MARLENE NADEL 3.00 X X 0 0 0 NOAH LEFF 3.00 X X 0 0 0 BELLE HOROWITZ 1.00 X 0 0 0 MONICA DE LA TORRE 1.00 X 0 0 0 HOLLY HILLGARDNER 1.00 X 0 0 0 HERB ELLISH 1.00 X 0 0 0 GREG KERR 1.00 X 0 0 0 THELMA BROWN 1.00 X 0 0 0 JAMES KAGEN 1.00 X 0 0 0 MAURA RAGGI 1.00 X 0 0 0 LIZ MURRAY 1.00 X 0 0 0 SAMRONG SO 1.00 X 0 0 0 TRAVIS JOHNSON 1.00 X 0 0 0 JEREMY KAPLAN 40.00 X 57986 0 5560 57986 0 5560 0 0 0 0 DECONSTRUCTION 440 LAFAYETTE STREET 4TH FLOOR NEW YORK NY 10003 CONSTRUCTION 160070 1 44525 330865 32633 375390 PER PUPIL FEES 900099 2312715 2312715 FEES FROM GOV'T 900099 399588 399588 2712303 121 121 4000 44525 14599 -10599 -10599 3077215 2712303 0 -10478 122995 98784 20695 3516 1225192 984014 206150 35028 876 657 148 71 128439 102280 21628 4531 92873 73967 15639 3267 25243 25243 62500 62500 152025 131894 1888 18243 26416 23616 2742 58 106133 93567 11949 617 15000 15000 262079 133790 128289 92 92 59635 50523 8981 131 23987 20227 3760 YOUTH EVENTS 42423 42423 EQUIPMENT & SOFTWARE MA 39950 34714 5236 STAFF DEVELOPMENT 22102 19195 2010 897 EQUIPMENT PURCHASE 18699 18699 15341 3735 11581 25 2442000 1832085 543531 66384 138506 499564 20172 206371 25683 447854 59635 45018 388219 203696 1119837 176486 8440 0 96000 0 280926 X 45018 818977 158678 19934 203696 838911 203696 1119837 635215 0 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 185177 27598 157579 262677 32037 230640 388219 DEFFERED RENT 96000 96000 3077215 2442000 635215 635215 3077215 0 3077215 0 3077215 2442000 0 2442000 0 2442000 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: BROOME STREET ACADEMY CHARTER HIGH SCHOOL ("BSA") IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). AS A NONPROFIT ORGANIZATION, BSA IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. FOR THE TAX YEAR ENDED JUNE 30, 2012, BSA DID NOT OWE ANY UBIT. MANAGEMENT EVALUATED BSA'S TAX POSITIONS AND CONCLUDED THAT BSA HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. 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 NON-DISCRIMINATION STATEMENT: A CHARTER SCHOOL SHALL NOT DISCRIMINATE AGAINST OR LIMIT THE ADMISSION OF ANY STUDENT ON ANY UNLAWFUL BASIS, INCLUDING ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER, DISABILITY, INTELLECTUAL ABILITY, MEASURE OF ACHIEVEMENT OR APTITUDE, ATHLETIC ABILITY, RACE, CREED, GENDER, NATIONAL ORIGIN, RELIGION, OR ANCESTRY. A SCHOOL MAY NOT REQUIRE ANY ACTION BY A STUDENT OR FAMILY (SUCH AS AN ADMISSION TEST INTERVIEW, ESSAY, ATTENDANCE AT AN INFORMATION SESSION, ETC.) IN ORDER FOR AN APPLICANT TO EITHER RECEIVE OR SUBMIT AN APPLICATION FOR ADMISSION TO THAT SCHOOL. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 STATE AND LOCAL GOVERNMENTS PROVIDE FINANCIAL ASSISTANCE ON A PER PUPIL BASIS. WINE EVENT 48525 44525 4000 9546 5053 48525 44525 4000 9546 5053 14599 -10599 X 11673 FMV X PIANO 1 6500 FMV X SUPPLIES, GAMES, MOVIES, CD'S 2 11710 FMV X CLOTHING AND SHOES 1 2750 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER OR THE CHIEF FINANCIAL OFFICER IS PRIMARILY RESPONSIBLE FOR THE REVIEW OF THE FORM 990 WHICH IS PREPARED BY BSA'S AUDITORS. THE INFORMATION ON THE FORM 990 IS COMPARED TO THE AUDITED FINANCIAL STATEMENTS LINE BY LINE. SUPPLEMENTAL INFORMATION WHICH DOES NOT APPEAR IN THE AUDITED FINANCIAL STATEMENTS IS COMPARED TO THE SOURCE DOCUMENTATION. ALL QUESTIONS ARE REVIEWED FOR ACCURACY. AFTER THE FORM 990 IS APPROVED BY THE CHIEF FINANCIAL OFFICER OR CONTROLLER, THE PRINCIPAL PERFORMS A CURSORY REVIEW OF THE FORM 990 AND IF IT IS SATISFACTORY, APPROVES IT FOR SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C BSA FOLLOWS THE PROCEDURES IN THE POLICY AND ALSO SUBMITS TO THE STATE DEPARTMENT ON ANNUAL BASIS A FINANCIAL DISCLOSURE FORM FOR EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 BSA'S BOARD OF TRUSTEES REVIEWS AND SETS THE PRINCIPAL COMPENSATION ANNUALLY; NO MEMBER OF THE BOARD OF TRUSTEES HAS A CONFLICT OF INTEREST TO THE COMPENSATION AGREEMENT. THE BOARD PERIODICALLY REVIEWS COMPARABLE COMPENSATION DATA FOR OTHER CHARTER SCHOOL PRINCIPALS AT SIMILARLY SIZED SCHOOLS AND TAKES INTO CONSIDERATION THE PRINCIPAL'S ANNUAL EVALUATION WHEN DETERMINING HIS SALARY. SPECIFICALLY, THE NEW YORK CITY CHARTER SCHOOLS CENTER CHARTER SCHOOL EMPLOYEE COMPENSATION SURVEY IS REVIEWED, ALONG WITH THE SALARY TABLES PUT FORTH BY THE NYC DEPARTMENT OF EDUCATION. NO BOARD OFFICER RECEIVES COMPENSATION FROM BSA IN HIS OR HER CAPACITY AS AN OFFICER. COMPENSATION OF KEY EMPLOYEES OTHER THAN THE PRINCIPAL ARE SET BY THE BOARD THROUGH APPROVAL OF THE ANNUAL SCHOOL BUDGET WITH RECOMMENDATIONS FROM THE PRINCIPAL. THE PRINCIPAL BASES HIS RECOMMENDATIONS ON COMPENSATION DATA FOR FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS, INCLUDING THE NEW YORK CITY DEPARTMENT OF EDUCATION. THIS COMPARATIVE DATA IS SHARED WITH THE BOARD AND DOCUMENTED AND THE BOARD APPROVED THE SALARIES THROUGH APPROVING THE ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ANNNUAL REPORT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS, THE APPROVED CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 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. THE DOOR - A CENTER OF ALTERNATIVES INC 121 AVENUE OF THE AMERICAS NEW YORK NY 10038 136127348 YOUTH DEVELOPMENT NY 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 THE DOOR - A CENTER OF ALTERNATIVES INC O 75000 PER SERVICE AGREEMENT THE DOOR - A CENTER OF ALTERNATIVES INC J 130000 PER LEASE AGREEMENT