2013-01-29T14:20:07-06:00 2012-06-30 061671819 FRUCHTER ROSEN & CO PC 156 WEST 56TH STREET STE 1804 NEW YORK NY 10019 990 2011-07-01 271766995 DR RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL DRRI 7183780490 800 HOME STREET BRONX NY 10456 MARSHALL KESTEN 7183780490 2013-01-17 1 GUS SALIBA P01243493 2129573600 2013-01-17 2011 2016-02-25 16:41:14Z MARSHALL KESTEN 800 HOME STREET BRONX NY 10456 3588305 0 X WWW.HEALTHSCIENCESCHOOL.ORG X 2009 NY CAREER AND TECHNICAL EDUCATION CHARTER SCHOOL IN THE SOUTH BRONX COMMUNITY. 12 12 48 3 0 0 687362 478625 1424154 3100793 514 946 9718 7941 2121748 3588305 0 0 0 0 840392 1815154 0 0 12998 710273 919645 1550665 2734799 571083 853506 914242 1865436 203645 301333 710597 1564103 X DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL IS A MIDDLE SCHOOL IN THE SOUTH BRONX NEIGHBORHOOD OF NEW YORK THAT PROVIDES ITS STUDENTS WITH A NURTURING AND CHALLENGING EDUCATIONAL EXPERIENCE TO DEVELOP THEIR ABILITIES AND ADDRESS THE HEALTH AND ECONOMIC DISPARITIES IN THE COMMUNITY. UPON GRADUATION, STUDENTS WILL BE PREPARED FOR THE HIGHEST LEVELS OF COLLEGE ACHIEVEMENT, GAINFUL EMPLOYMENT AS CERTIFIED HEALTH CARE PROFESSIONALS, AND A COMMITMENT TO SERVE OTHERS AS THEY PURSUE REWARDING LIVES AND RESPECTED CAREERS FOR THEMSELVES. 0 0 2335405 3100793 EXPENSES ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED CURRICULUM COSTS. FOR THE 2011-2012 SCHOOL YEAR, THE SCHOOL SERVED APPROXIMATELY 208 STUDENTS IN GRADES SIX AND SEVEN. 2335405 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 27 0 1 48 1 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANTHONY LOPEZ 7183780490 800 HOME STREET BRONX NY 10456 DR RICHARD IZQUIERDO 20.00 X 0 0 0 DUARNA OLLER 15.00 X X 0 0 0 PALOMA HERNANDEZ 10.00 X X 0 0 0 MARSHALL KESTEN 15.00 X X 0 0 0 DR CAROLYN WILLIAMS 2.00 X 0 0 0 GLORIA LOPEZ 5.00 X 0 0 0 ROSA AGOSTO 10.00 X 0 0 0 DR SAMUEL DE LEON 2.00 X 0 0 0 DR GREGORY HODGE 5.00 X 0 0 0 DR LYNNE HOLDEN 2.00 X 0 0 0 EPIFANIO CASTILLO 5.00 X 0 0 0 FRANCISCO LUGOVINA 5.00 X 0 0 0 ANTHONY LOPEZ 50.00 X 0 0 0 FRANK STEELE 50.00 X 59696 0 0 59696 0 0 0 0 0 0 LRC CONSULTING LLC 1340 MONTROSE AVENUE BETHLEHEM PA 18018 EDUCATION CONSULTING SERVICES 127500 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 WEST 35TH STREET SUITE 706 NEW YORK NY 10001 FINANCIAL CONSULTING SERVICES 123301 2 428625 50000 478625 GOV'T PER-PUPIL REV. 900099 3100793 3100793 3100793 946 946 OTHER REVENUE 900099 7941 7941 7941 3588305 3108734 0 946 147788 131639 15328 821 1398587 1245758 145059 7770 126783 112928 13151 704 141996 126479 14728 789 28309 27177 1132 20250 20250 354191 189663 163391 1137 20189 19421 768 76421 72816 2848 757 23570 22626 708 236 78414 75277 2353 784 22629 21724 905 INSTRUCTIONAL MATERIALS 209384 209384 CLASSROOM SUPPLIES 50363 50363 FOOD SERVICE 11260 11260 STUDENT FIELD TRIPS 10429 10429 14236 8461 5775 2734799 2335405 386396 12998 202021 1043514 250000 250000 266605 202015 10794 36701 376964 118774 174817 258190 10005 75016 914242 1865436 203645 289485 11848 203645 301333 X 710597 1564103 710597 1564103 914242 1865436 853506 0 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300828 102260 198568 76136 16514 59622 258190 3588305 2734799 853506 853506 3626925 38620 38620 3588305 0 3588305 2773419 38620 38620 2734799 0 2734799 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. 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 INCLUDES A NONDISCRIMINATORY POLICY IN IT'S PUBLICATION MATERIAL USED TO INFORM THE LOCAL COMMUNITY. 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 PER PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDING INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS. SCHEDULE E, LINE 4A- RACIAL COMPOSITION OF STUDENT BODY, FACULTY AND STAFF: THE SCHOOL MAINTAINS RACIAL COMPOSITION OF THE STUDENT BODY, BUT NOT OF FACULTY AND ADMINISTRATIVE STAFF. LOUIS COROMINAS FORMER TREASURER 75000 THE SCHOOL ENTERED INTO AN AGREEMENT WITH LRC CONSULTING, LLC FOR CERTAIN PROFESSIONAL SERVICES DURING THE SCHOOLS SECOND YEAR OF OPERATION. LOUIS COROMINAS IS THE OWNER OF LRC CONSULTING, LLC AND IS A FORMER BOARD TREASURER. 0 ANTHONY LOPEZ CEO 23000 PRIOR TO BECOMING THE CEO OF THE SCHOOL ANTHONY LOPEZ WAS HIRED AS A CONSULTANT. 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS DR. RICHARD IZQUIERDO AND PALOMA HERNANDEZ ARE FATHER AND DAUGTHER. IN ADDITION, THE SCHOOL ENTERED INTO AN AGREEMENT WITH URBAN HEALTH PLAN ("UHP"), A NYS NOT-FOR-PROFIT CORPORATION THAT ADMINISTERS COMRPREHENSIVE HEALTH CARE AND HEALTH CARE EDUCATION. THE PRIMARY PURPOSE OF THE PARTNERSHIP IS TO SUPPORT THE DEVELOPMENT AND OPERATIONS OF THE SCHOOL IN ITS START-UP PHASE. UHP PROVIDED NON-CASH CONTRIBUTIONS AS WELL AS DONATED SERVICES FOR NO FEE. PALOMA HERNANDEZ IS THE PRESIDENT AND CEO OF UHP. FORM 990, PART VI, SECTION B, LINE 11 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 TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL THE BOARD MEMBERS PRIOR TO THE IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS AS PART OF THIER REGULAR MEETINGS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPARIBLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. 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, FINANCIAL STATEMENT AND REPORTING, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDANT AUDITOR.