PHAROS ACADEMY CHARTER SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- PHAROS ACADEMY CHARTER SCHOOL (EIN 20-1107218)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-04-26
- IRS object ID
- 201201179349300035
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-04-26T15:14:16-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKS PANETH & SHRON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 660 WHITE PLAINS ROAD | AddressLine1 |
| City | TARRYTOWN | City |
| State | NY | State |
| ZIP Code | 105915104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201107218 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRONX LIGHTHOUSE CHARTER SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BRON | NameControl |
| Phone | 6469150025 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 INTERVALE AVENUE | AddressLine1 |
| City | BRONX | City |
| State | NY | State |
| ZIP Code | 10459 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALFRED TORRES | Name |
| Title | BOARD CHAIR | Title |
| Phone | 6469150025 | Phone |
| Date Signed | 2012-04-23 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANTHONY TEMPESTA | Name |
| Phone | 9145249000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ALFRED TORRES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 INTERVALE AVENUE | AddressLine1 |
| City | BRONX | City |
| State | NY | State |
| ZIP Code | 10459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7698414 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LIGHTHOUSE-ACADEMIES.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2004 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE SCHOOL IS A NEW YORK STATE CHARTER SCHOOL OFFERING CLASSES FROM KINDERGARDEN THROUGH SEVENTH GRADE,TO BE EXPANDED THROUGH THE 12TH GRADE. THE SCHOOL PREPARES SCHOLARS FOR COLLEGE GRADUATION THROUGH A RIGOROUS ARTS-INFUSED PROGRAM. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 107 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 756793 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5589462 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 7690203 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3583 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8211 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 34821 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6384659 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7698414 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3989935 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4428499 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3504 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1530527 | OtherExpensePriorYear |
| Other Expenses Current Year | 3150669 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5520462 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7579168 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 864197 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 119246 | RevenuesLessExpensesCY |
| Total Assets BOY | 3225537 | TotalAssetsBOY |
| Total Assets EOY | 3144103 | TotalAssetsEOY |
| Total Liabilities BOY | 779687 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 579007 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2445850 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2565096 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE SCHOOL IS A NEW YORK STATE CHARTER SCHOOL OFFERING CLASSES FROM KINDERGARDEN THROUGH SEVENTH GRADE, TO BE EXPANDED THROUGH THE 12TH GRADE. THE SCHOOL PREPARES THE STUDENTS FOR COLLEGE THROUGH A RIGOROUS ART INFUSED PROGRAM. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6782233 | Expense |
| Revenue | 7690203 | Revenue |
| Description | EDUCATIONAL SERVICES - A CHARTER SCHOOL OFFERING CLASSES FROM KINDERGARDEN THROUGH SEVENTH GRADE, TO EXPAND THE GRADES SERVED THROUGH THE 12TH GRADE. | Description |
| Total Program Service Expense | 6782233 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 15 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 107 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT STEARNS CO LIGHTHOUSE ACADEMIES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5086260901 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1661 WORCESTER ROAD | AddressLine1 |
| City | FRAMINGHAM | City |
| State | MA | State |
| ZIP Code | 01701 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ALFRED TORRES | |||||||
| BOARD CHAIR | 3.00 | X | X | 0 | 0 | 0 | |
| KEN BLACKLOW | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| MALIK FRANKLIN | |||||||
| TREASURER | 3.00 | X | X | 0 | 0 | 0 | |
| JOY COLLINS | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| DAWN AFRICA-JOSEPH | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| PRISCILLA FORSYTH | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| SUMMER POOLE | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| EVELYN DE GONZALEZ | |||||||
| SECRETARY | 3.00 | X | X | 0 | 0 | 0 | |
| PAUL BLOCK | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| PAUL KO | |||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | ||
| MEGHAN KIMPTON | |||||||
| PRINCIPAL-LOWER ACADEMY DIRECTOR | 40.00 | X | 96063 | 0 | 7906 | ||
| MATHIAS GUISHARD | |||||||
| PRINCIPAL-UPPER ACADEMY DIRECTOR | 40.00 | X | 96063 | 0 | 23800 | ||
| JEFF TSANG | |||||||
| BLCS CONSTRUCTION PROJECT MGT | 40.00 | 114560 | 0 | 15133 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 306686 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 46839 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIGHTHOUSE ACADEMIES INC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 INTERVALE AVENUE | AddressLine1 |
| City | BRONX | City |
| State | NY | State |
| ZIP Code | 10459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MANAGEMENT SERVICES | DescriptionOfServices |
| Compensation | 180000 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| STUDENT ENROLLMENTS | 611000 | 6890103 | 6890103 | 0 | $0 |
| TUITION REIMBURSEMENT | 531390 | 718470 | 718470 | ||
| ANCILLARY SERVICES | 611000 | 81630 | 81630 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 7690203 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8211 | TotalRevenueColumn |
| Exclusion | $8,211 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7698414 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7690203 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $8,211 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227669 | Total |
| Program Services | 207673 | ProgramServices |
| Management And General | 19996 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3241753 | Total |
| Program Services | 2957037 | ProgramServices |
| Management And General | 284716 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 659443 | Total |
| Program Services | 601538 | ProgramServices |
| Management And General | 57905 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299634 | Total |
| Program Services | 273323 | ProgramServices |
| Management And General | 26311 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180000 | Total |
| Management And General | 180000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 594790 | Total |
| Program Services | 521036 | ProgramServices |
| Management And General | 73754 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4255 | Total |
| Management And General | 4255 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6410 | Total |
| Program Services | 5769 | ProgramServices |
| Management And General | 641 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85353 | Total |
| Program Services | 85353 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35716 | Total |
| Program Services | 32144 | ProgramServices |
| Management And General | 3572 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SCHOOL CONTRUCTION | 1604585 | 1604585 | |
| UTILITIES | 222820 | 200538 | 22282 |
| STAFF DEVELOPMENT | 93276 | 93276 | |
| REPAIRS AND MAINTENANCE | 76884 | 69196 | 7688 |
| INSURANCE | 72281 | 0 | 72281 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174299 | Total |
| Program Services | 130765 | ProgramServices |
| Management And General | 40030 | ManagementAndGeneral |
| Fundraising | 3504 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7579168 | Total |
| Program Services | 6782233 | ProgramServices |
| Management And General | 793431 | ManagementAndGeneral |
| Fundraising | 3504 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 281581 | BOY |
| EOY | 481195 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2140692 | BOY |
| EOY | 2122910 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 304282 | BOY |
| EOY | 473097 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 17407 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 381657 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 355133 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54982 | BOY |
| EOY | 26524 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 444000 | BOY |
| EOY | 22970 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3225537 | BOY |
| EOY | 3144103 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 472194 | BOY |
| EOY | 307821 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3779 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 303714 | BOY |
| EOY | 271186 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 779687 | BOY |
| EOY | 579007 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2445850 | BOY |
| EOY | 2565096 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2445850 | BOY |
| EOY | 2565096 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3225537 | BOY |
| EOY | 3144103 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 119246 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 381657 | OtherCostOrOtherBasis |
| Depreciation | 355133 | Depreciation |
| Book Value | 26524 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 26524 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED PAYROLL AND PAYROLL TAXES | $219,595 |
| ACCRUED COMPENSATED BALANCES | $51,591 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 271186 | TotalOfAmounts |
| Total Revenue | 7698414 | TotalRevenue |
| Total Expenses | 7579168 | TotalExpenses |
| Excess Or Deficit For Year | 119246 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 119246 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 8310442 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 612028 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 612028 | RevenueNotRptdF990 |
| Revenue Subtotal | 7698414 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7698414 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8191196 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 612028 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 612028 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7579168 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7579168 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | FIN 48 DISCLOSURE - THE ORGANIZATION ADOPTED THE PROVISIONS OF FASB INTERPRETATION NO. 48 ("FIN 48"), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF FASB STATEMENT NO. 109" NOW INCORPORATED IN ASC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISION FOR UNCERTAIN TAX PROVISIONS AND RECOGNIZING ANY INTEREST AND PENALTIES. THE ADOPTION OF FIN 48 DID NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL POSITION AS OF JUNE 30, 2011 OR THE RESULTS OF OPERATIONS AND CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2011. AS OF JUNE 30, 2011, THE ORGANIZATION HAS DETERMINED THAT NO TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS ARE NEEDED. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY THE AUTHORITIES FOR THE YEARS BEFORE 2007. | Explanation |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE SCHOOL RECRUITS BY WORD OF MOUTH IN THE COMMUNITY AND THROUGH THE DISTRIBUTION OF FLYERS IN THE NEIGHBORHOOD, WHICH INCLUDES THE RACIALLY NONDISCRIMINATORY POLICY. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | FEDERAL AND NEW YORK STATE GOVERNMENT GRANTS ARE RECEIVED TO ENHANCE TEACHERS' SKILLS AND IMPROVE TECHNOLOGY. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING BOARD MEMBERS PRISCILLA FORSYTH, KEN BLACKLOW, MALIK FRANKLIN AND PAUL KO ARE ALSO BOARD MEMBERS OF THE RELATED ORGANIZATION BLCS PROPERTY HOLDING COMPANY INC. | |
| FORM 990, PART VI, SECTION A, LINE 3 | THE SCHOOL REQUIRES ALL BOARD MEMBERS TO FORMALLY DISCLOSE IN WRITING ANY CONFLICT OF INTEREST MATTERS. BOARD MEMBERS SUBMIT UPDATES TO THE CONFLICT OF INTEREST DECLARATION ON AN ANNUAL BASIS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE VP OF FINANCE OF LIGHTHOUSE ACADEMIES, INC AND WITH HIS APPROVAL IS FORWARDED TO THE SCHOOL'S FINANCE COMMITTEE AND IS THEN REVIEWED BY THE FULL BOARD PRIOR TO FILING. | |
| THE EXECUTIVE DIRECTOR REVIEWS THE SIGNED CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS OR MORE OFTEN AS DEEMED NECESSARY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| DETERMINING THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR INCLUDED REVIEW, DELIBERATION AND APPROVAL OF THE BOARD OF DIRECTORS, WITH COMPARISIONS TO OTHER NON-PROFIT ORGANIZATIONS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE FINANCIAL STATEMENTS, EMPLOYEE HANDBOOK, FINANCIAL POLICIES AND PROCEDURES GUIDE, BRONX LIGHTHOUSE CHARTER SCHOOL MANUAL AND OTHER POLICIES (INVESTMENT, CONFLICT OF INTEREST, ETC.) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT | HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. | FORM 990, PART XI, LINE 2C: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLCS PROPERTY HOLDING COMPANY INC (BPHC) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450900484 | EIN |
| Primary Activities | PROPERTY HOLDING COMPANY | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501C2 | ExemptCodeSection |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |