BRAMSON ORT TECHNICAL INSTITUTE: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
BRAMSON ORT TECHNICAL INSTITUTE (EIN 13-3036302)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-11
IRS object ID
201211329349302021
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

FieldValueIRS element (for citing)
Timestamp2012-05-11T15:41:15-05:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LOEB & TROPER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1655 THIRD AVENUE 12TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN133036302EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BRAMSON ORT COLLEGEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBRAMNameControl
Phone7182687110Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line169-30 AUSTIN STREETAddressLine1
CityFOREST HILLSCity
StateNYState
ZIP Code11375ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDR EPHRAIM BUHKSName
TitleCHIEF EXECUTIVE OFFICERTitle
Phone7182687110Phone
Date Signed2012-05-10DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameFREDERICK H ROTHMANName
Phone2128674000Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonEPHRAIM BUHKSNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line169-30 AUSTIN STREETAddressLine1
CityFOREST HILLSCity
StateNYState
ZIP Code11375ZIPCode
FieldValueIRS element (for citing)
Gross Receipts12819494GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteBRAMSONORT.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1979YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO OPERATE A TWO-YEAR COLLEGE THAT PROVIDES ADVANCED TECHNOLOGICAL AND BUSINESS TRAINING.ActivityOrMissionDescription
Nbr Voting Members Governing Body13NbrVotingMembersGoverningBody
Nbr Independent Voting Members13NbrIndependentVotingMembers
Total Nbr Employees360TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI268261TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year264984ContributionsGrantsPriorYear
Contributions Grants Current Year432187ContributionsGrantsCurrentYear
Program Service Revenue Prior Year10172356ProgramServiceRevenuePriorYear
Program Service Revenue CY12047006ProgramServiceRevenueCY
Investment Income Prior Year64991InvestmentIncomePriorYear
Investment Income Current Year16152InvestmentIncomeCurrentYear
Other Revenue Prior Year104730OtherRevenuePriorYear
Other Revenue Current Year230037OtherRevenueCurrentYear
Total Revenue Prior Year10607061TotalRevenuePriorYear
Total Revenue Current Year12725382TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1346557GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1652245GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year4317270SalariesEtcPriorYear
Salaries Etc Current Year5357066SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year3115539OtherExpensePriorYear
Other Expenses Current Year4004113OtherExpensesCurrentYear
Total Expenses Prior Year8779366TotalExpensesPriorYear
Total Expenses Current Year11013424TotalExpensesCurrentYear
Revenues Less Expenses Prior Year1827695RevenuesLessExpensesPriorYear
Revenues Less Expenses CY1711958RevenuesLessExpensesCY
Total Assets BOY11540652TotalAssetsBOY
Total Assets EOY18360042TotalAssetsEOY
Total Liabilities BOY5106918TotalLiabilitiesBOY
Total Liabilities EOY10534663TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY6433734NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY7825379NetAssetsOrFundBalancesEOY
Mission DescriptionPROVIDES QUALITY TECHNICAL POST SECONDARY EDUCATION AND MEETS THE EDUCATIONAL AND CAREER NEEDS OF THE NEW YORK COMMUNITY FOR APPROXIMATELY 1360 STUDENTS YEARLY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense8283264Expense
Grants1652245Grants
Revenue12047006Revenue
DescriptionPROVIDES EDUCATION TO 1360 STUDENTS IN THE AREAS OF ACCOUNTING, BUSINESS MANAGEMENT, COMPUTER TECHNOLOGY, ELECTRONICS TECHNOLOGY, MEDICAL AND NATURAL SCIENCES, INCLUDING PHARMACY SCIENCE AND OFFICE TECHNOLOGY.Description
Total Program Service Expense8283264TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School1School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109630NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees360NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members13NbrVotingGoverningBodyMembers
Number Independent Voting Members13NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties1DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1MARY C RICKEYBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number7182687110TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line169-30 AUSTIN STREETAddressLine1
CityFOREST HILLSCity
StateNYState
ZIP Code11375ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
SANDY CHUMSKY
TREASURER5.00XX000
LYNN LEEB
CHAIRMAN5.00XX000
RACHEL ROSIN
VICE CHAIRMAN5.00XX000
CAROL SCHRAGER
SECRETARY5.00XX000
HERBERT ACKERMAN
BOARD MEMBER1.00X000
LOUIS BRAUSE
BOARD MEMBER1.00X000
RUTH EISENBERG-MOSKOWITZ
BOARD MEMBER1.00X000
KAY FREEMAN
BOARD MEMBER1.00X000
RUTH GOODGOLD
BOARD MEMBER1.00X000
JUDY MENIKOFF
BOARD MEMBER1.00X000
JEFFREY S MITZNER
BOARD MEMBER1.00X000
JACOB SALOMON
BOARD MEMBER1.00X000
DAVID M STEADLY
BOARD MEMBER1.00X000
EPHRAIM BUHKS PHD
EXECUTIVE VICE PRESIDENT17.50X7525306041
MARY RICKEY
CONTROLLER17.50X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org75253TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation6041TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
DOUGHERTY CLIFFORD & WADSWORTH
895 MARCONI AVERONKONKOMANY11779ADVERTISING293946
US ORT OPERATIONS
69-30 AUSTIN STREETFOREST HILLSNY11375MANAGEMENT240732
B2B COMPUTER PRODUCTS
PO BOX 3296GLEN ELLYNIL60138COMPUTER EQUIP & SERVICES185276
COMMAND SECURITY
PO BOX 823415PHILADELPHIAPA19182SECURITY105000
GOLDEN MAINTENANCE
42-41 155 STREETFLUSHINGNY11355MAINTENANCE SERVICES102152
FieldValueIRS element (for citing)
Number Of Contractors GT100 K5NumberOfContractorsGT100K
Government Grants211098GovernmentGrants
All Other Contributions221089AllOtherContributions
Total Contributions432187TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionTUITION AND FEESDescription
Business Code611710BusinessCode
Total Revenue Column12047006TotalRevenueColumn
Related Or Exempt Function Income12047006RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue12047006TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column13467TotalRevenueColumn
Exclusion$13,467ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real293887Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real69704Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real224183Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column224183TotalRevenueColumn
Unrelated Business Revenue268261UnrelatedBusinessRevenue
Exclusion-$44,078ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Other27093Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Other24408Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Other2685Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column2685TotalRevenueColumn
Exclusion$2,685ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionMISCELLANEOUSDescription
Business Code900099BusinessCode
Total Revenue Column5854TotalRevenueColumn
Exclusion$5,854ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue5854TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column12725382TotalRevenueColumn
Related Or Exempt Function Income12047006RelatedOrExemptFunctionIncome
Unrelated Business Revenue268261UnrelatedBusinessRevenue
Exclusion-$22,072ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total1652245Total
Program Services1652245ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total4642421Total
Program Services4358799ProgramServices
Management And General283622ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total26318Total
Program Services24710ProgramServices
Management And General1608ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total286400Total
Program Services268903ProgramServices
Management And General17497ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total401927Total
Program Services377372ProgramServices
Management And General24555ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total325000Total
Management And General325000ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total10003Total
Management And General10003ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total48500Total
Management And General48500ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total204392Total
Program Services59128ProgramServices
Management And General145264ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total741291Total
Management And General741291ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total378612Total
Program Services95397ProgramServices
Management And General283215ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total818947Total
Program Services649075ProgramServices
Management And General169872ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total49217Total
Program Services40560ProgramServices
Management And General8657ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total328116Total
Program Services295304ProgramServices
Management And General32812ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total410203Total
Program Services341126ProgramServices
Management And General69077ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total118850Total
Program Services93196ProgramServices
Management And General25654ManagementAndGeneral

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralProgram ServicesProgramServices
BAD DEBT EXPENSE453744453744
EQUIPMENT LEASES32885263086577
GRADUATION EXPENSES1746517465

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total66888Total
Program Services3407ProgramServices
Management And General63481ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total11013424Total
Program Services8283264ProgramServices
Management And General2730160ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY3705469BOY
EOY540178EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY2936139BOY
EOY3181218EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY721891BOY
EOY598108EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY173673BOY
EOY3140196EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY551545BOY
EOY330402EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis14566052LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec3996112LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY3451935BOY
EOY10569940EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY11540652BOY
EOY18360042EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY320416BOY
EOY238909EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY101350BOY
EOY2275632EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY4275893BOY
EOY7348562EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY409259BOY
EOY671560EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY5106918BOY
EOY10534663EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY6433734BOY
EOY7775379EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
EOY50000EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6433734BOY
EOY7825379EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY11540652BOY
EOY18360042EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses1711958ReconcilationRevenueExpenses
Reconcilation Other Changes-320313ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis700000OtherCostOrOtherBasis
Book Value700000BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis11118611OtherCostOrOtherBasis
Depreciation1762304Depreciation
Book Value9356307BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis220305OtherCostOrOtherBasis
Depreciation219407Depreciation
Book Value898BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis2299501OtherCostOrOtherBasis
Depreciation1903628Depreciation
Book Value395873BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis227635OtherCostOrOtherBasis
Depreciation110773Depreciation
Book Value116862BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings10569940TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
SECURITY DEPOSITS$56,392
DUE TO GOVERNMENT AGENCY$294,855
SWAP AGREEMENT$320,313
FieldValueIRS element (for citing)
Total Of Amounts671560TotalOfAmounts
Total Revenue12725382TotalRevenue
Total Expenses11013424TotalExpenses
Excess Or Deficit For Year1711958ExcessOrDeficitForYear
Other-$320,313OtherAmount
Total Adjustments-320313TotalAdjustments
Excess Or Deficit Per FS1391645ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt11167249TotRevenueEtcAuditedFinclStmt
Other Revenues94112OtherRevenues
Revenue Not Rptd F99094112RevenueNotRptdF990
Revenue Subtotal11073137RevenueSubtotal
Other Revenues Not Included1652245OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt1652245RevenueNotRptdOnFinStmt
Total Revenue Per Form99012725382TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt9455291TotExpensesEtcAuditedFinclStmt
Other Expenses Included94112OtherExpensesIncluded
Expenses Not Rptd F99094112ExpensesNotRptdF990
Expenses Subtotal9361179ExpensesSubtotal
Other Expenses Not Included1652245OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt1652245ExpensesNotRptdOnFinStmt
Total Expenses Per Form99011013424TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X:THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.
PART XI, LINE 8 - OTHER ADJUSTMENTS:CHANGE IN VALUE OF SWAP AGREEMENT
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 69,704. COST OF GOODS SOLD 24,408.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS 1,652,245.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 69,704. COST OF GOODS SOLD 24,408.
PART XIII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS 1,652,245.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt1NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc1PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media1PolicyPublViaBroadcastMedia
Maint Racial Composition Records1MaintRacialCompositionRecords
Maint Scholarships Records1MaintScholarshipsRecords
Maint Copies Of Brochures Etc1MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations1MaintCopiesOfAllSolicitations
Discriminate Race Students Rights0DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies0DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty0DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships0DiscriminateRaceScholarships
Discriminate Race Educ Policies0DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog0DiscriminateRaceAthleticProg
Discriminate Race Other Acty0DiscriminateRaceOtherActy
Government Financial Aid Received1GovernmentFinancialAidReceived
Government Financial Aid Revoked0GovernmentFinancialAidRevoked
Compliance With Rev Proc75501ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATIONSCHEDULE E, PART I, LINE 3IT IS WRITTEN IN THEIR SCHOOL CATALOG, STUDENT HANDBOOK, EMPLOYEE APPLICATIONS, AND IN THEIR ADS IN THE DAILY NEWS.
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCESCHEDULE E, PART I, LINE 6GOVERNMENT ASSISTANCE IS PROVIDED FOR THE PURPOSES OF FINANCIAL AID, TUITION ASSISTANCE, AND CAPITAL EXPENDITURES.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantFINANCIAL AIDTypeOfGrant
Number Of Recipients1160NumberOfRecipients
Amount Of Cash Grant1652245AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: FINANCIAL AID OFFICE PROCESSES FINANCIAL AID REQUESTS. AFTER THEY HAVE BEEN APPROVED, THEY INFORM THE ACCOUNTING OFFICE WHO DRAWS DOWN THE FUNDS. THE FUNDS ARE APPLIED AGAINST STUDENT TUITION BALANCES.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonEPHRAIM BUHKS PHDNamePerson
Base Compensation Filing Org59253BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org5000BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org11000OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org2258DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org3783NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org81294TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierSUPPLEMENTAL INFORMATIONIdentifier
Return ReferencePART IIIReturnReference
ExplanationUS ORT OPERATIONS, AN UNRELATED ORGANIZATION, COMPENSATES EPHRAIM BUHKS FOR THE 17.5 HOURS A WEEK HE SERVICES BRAMSON ORT AS DIRECTOR. US ORT ALSO COMPENSATES MARY RICKEY FOR THE 17.5 HOURS A WEEK THAT SHE SERVICES BRAMSON ORT AS CONTROLLER. SHE BEGAN SERVICING BRAMSON IN APRIL 2011.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 3DR. EPHRAIM BUHKS, DIRECTOR OF US ORT OPERATIONS, AND MARY RICKEY, CONTROLLER, US ORT OPERATIONS ARE EMPLOYED BY US ORT OPERATIONS, WHICH ENTITY DELEGATED THE DAY TO DAY MANAGEMENT, EDUCATIONAL AND ADMINISTRATIVE FUNCTIONS OF THE SCHOOL TO THE DIRECTOR AND CONTROLLE; BOTH OF WHOM REPORT TO THE BOARD OF TRUSTEES OF BRAMSON ORT COLLEGE.
FORM 990, PART VI, SECTION B, LINE 11FORM 990 WAS REVIEWED BY BOTH THE DIRECTOR AND CONTROLLER OF BRAMSON, AND BY THE CHAIRMAN AND TREASURER. A COPY OF THE 990 WAS SENT TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AND GIVEN TO THE DIRECTOR. THOSE FOUND TO HAVE A CONFLICT OF INTEREST REGARDING SOME MATTER(S) CANNOT VOTE REGARDING THAT MATTER. THOSE INDIVIDUALS MAY OR MAY NOT BE ALLOWED TO PARTICIPATE IN DISCUSSIONS REGARDING THAT MATTER, AS THE BOARD SEES FIT DEPENDING ON CIRCUMSTANCES.FORM 990, PART VI, SECTION B, LINE 12C
BRAMSON ORT MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:CHANGE IN VALUE OF SWAP AGREEMENT -320,313. TOTAL TO FORM 990, PART XI, LINE 5: -320,313.FORM 990, PART XI, LINE 5:
THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.FORM 990, PART XII LINE 2C

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