2013-02-15T13:24:48-06:00 2012-06-30 061671819 FRUCHTER ROSEN & CO PC 156 WEST 56TH STREET SUITE 1804 NEW YORK NY 10019 990 2011-07-01 274092757 EXPLORE EXCEL CHARTER SCHOOL EXPL 7182721824 1077 REMSEN AVENUE BROOKLYN NY 11236 GRAEME DAYKIN 7182721824 2013-02-15 GUS SALIBA P01243493 2129573600 2013-02-12 2011 2016-03-07 17:11:31Z GRAEME DAYKIN 1077 REMSEN AVENUE BROOKLYN NY 11236 4296112 0 X WWW.EXPLORENETWORK.ORG X 2010 NY TO PROVIDE KINDERGARTEN THROUGH EIGHTH GRADE EDUCATION. 7 7 39 0 0 0 158751 924387 0 3368949 0 2 0 2774 158751 4296112 0 17190 0 0 115944 2303653 0 0 0 72296 1221739 188240 3542582 -29489 753530 170058 1230429 199547 506388 -29489 724041 THE ORGANIZATION'S MISSION IS TO PROVIDE OUR STUDENTS WITH THE ACADEMIC SKILLS AND CRITICAL-THINKING ABILITIES THEY NEED TO SUCCEED IN A COLLEGE-PREPARATORY HIGH SCHOOL. 0 0 2916714 3145352 GENERAL EDUCATION - PROVIDED CLASSROOM CURRICULUM TO STUDENTS IN KINDERGARTEN THROUGH THIRD GRADE FOR THE 2011-2012 ACADEMIC YEAR. WE SERVED 233 STUDENTS FOR A FULL YEAR OF CLASSROOM WORK. 115365 223597 SPECIAL EDUCATION - PROVIDED OPPORTUNITIES FOR 23 SPECIAL EDUCATION STUDENTS THROUGH COUNSELING AND SETSS SERVICES. 42745 17190 PROFESSIONAL DEVELOPMENT - PROVIDED OPPORTUNITIES FOR TEACHERS PROFESSIONAL DEVELOPMENT THROUGH EDUCATIONAL AND INFORMATIVE ACTIVITIES. WE SUPPORTED BOTH TEACHER TRAINING AND ENRICHMENT INDEPENDENT LEARNING FOR STAFF TO FOSTER HIGHER ACHIEVEMENT FOR THE SCHOOL. 3074824 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 0 1 39 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANTOINETTE MIMS 7182721824 1077 REMSEN AVENUE BROOKLYN NY 11236 KYLE WESTAWAY 1.00 X 0 0 0 JR RANDALL 1.00 X 0 0 0 ROMY HORN 1.00 X 0 0 0 JAY MCNAMARA 1.00 X X 0 0 0 GRAEME DAYKIN 1.00 X X 0 0 0 ELIZABETH PAWLSON 1.00 X 0 0 0 BRAD HAGGERTY 1.00 X 0 0 0 ETHAN MITNICK 50.00 X 46179 0 7381 46179 0 7381 0 0 0 0 EXPLORE SCHOOLS INC 20 JAY STREET SUITE 504 BROOKLYN NY 11201 MANAGEMENT 314088 1 661107 263280 924387 GOV'T PER-PUPIL REV. 900099 3368949 3368949 3368949 2 2 OTHER REVENUE 900099 2774 2774 2774 4296112 3368949 0 2776 17190 17190 124048 107510 16538 1784370 1546474 237896 221214 191721 29493 174021 150820 23201 361715 313490 48225 375 325 50 25500 25500 167560 145221 22339 35591 35591 56119 27492 28627 96064 83334 12730 64370 53496 10874 34538 30226 4312 23631 20480 3151 CURRICULUM AND CLASSROO 279501 279501 STUDENT AND FAMILY SERV 28455 28455 PRINTING 13573 11763 1810 MISCELLANEOUS 13279 11408 1871 21468 20327 1141 3542582 3074824 467758 0 10104 435413 158751 452002 58279 314570 34837 1203 279733 5002 170058 1230429 189571 506388 9976 199547 506388 X -29489 724041 -29489 724041 170058 1230429 753530 0 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104025 1553 102472 163318 27693 135625 47227 5591 41636 279733 4296112 3542582 753530 753530 4454863 158751 158751 4296112 0 4296112 3730822 188240 188240 3542582 0 3542582 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 POSITION RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM INCEPTION TO JUNE 30, 2011 AMOUNT TO $158,751 THE AUDIT COVERED A PERIOD FROM INCEPTION TO JUNE 30, 2012 PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM INCEPTION TO JUNE 30, 2011 AMOUNT TO $188,240 THE AUDIT COVERED A PERIOD FROM INCEPTION TO JUNE 30, 2012 1 1 0 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 THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED ON THE EXPLORE SCHOOLS WEBSITE AND ON APPLICATIONS FOR NEW STUDENTS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 EXCEL CHARTER SCHOOL RECEIVES PER PUPIL FUNDING FOR EACH STUDENT ENROLLED FROM THE NEW YORK CITY DEPARTMENT OF EDUCATION. 1 STAFF SCHOLARSHIPS 7 17190 FMV N/A SCHEDULE I, PART I, LINE 2: STAFF SCHOLARSHIPS MUST BE APPLIED FOR BY OUR EMPLOYEES. THE SCHOLARSHIPS CAN BE USED TOWARDS PROFESSIONAL DEVELOPMENT, EITHER IN THE FORM OF CONTINUED EDUCATION OR TRAVEL, IN WHICH THEIR EXPERIENCE IS APPLIED IN THE CLASSROOM. IN ORDER TO QUALIFY, THEY MUST COMPLETE A SCHOLARSHIP FORM, WHICH INCLUDES A NARRATIVE ON HOW THE FUNDS WILL BE USED, A RECOMMENDATION LETTER, AS WELL AS ITEMIZED COST ESTIMATES. IF AN EMPLOYEE RECEIVES A SCHOLARSHIP,THEY ARE REQUIRED, UPON COMPLETION, TO PROVIDE RECEIPTS THAT SUPPORT THE USAGE OF THESE FUNDS. THE RECEIPTS ARE RECONCILED AGAINST THE APPLICATION AND SCHOLARSHIP AWARD FOR ACCURACY AND FILED IN THE MAIN OFFICE. 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 BOARD MEMBERS PRIOR TO 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 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 COMPARABLE 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 INDEPENDT AUDITOR. EXPLORE EXCEED CHARTER SCHOOL 443 ST MARKS AVENUE BROOKLYN NY 11238 452646087 EDUCATION NY 501(C)3 170(B)(1)(A)(II) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0