2012-05-15T09:44:43-05:00 2011-06-30 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2010-07-01 010727280 BRONX CHARTER SCHOOL FOR THE ARTS BRON 7188931042 950 LONGFELLOW AVENUE BRONX NY 10474 CHRISTINA BROWN 7188931042 2012-05-15 1 2126972299 2010 2016-02-24 21:20:13Z CHRISTINA BROWN 950 LONGFELLOW AVENUE BRONX NY 10474 5797547 0 X WWW.BRONXARTS.NET X 2002 NY THE SCHOOL IS FOUNDED ON THE PRINCIPLE THAT ART EDUCATION IS A CATALYST FOR THE ACADEMIC AND SOCIAL SUCCESS OF ALL STUDENTS. 16 16 78 19 0 0 769356 817128 4457913 4927843 8688 9266 7057 29441 5243014 5783678 0 0 0 0 3584566 4112733 0 0 189185 1645546 1708622 5230112 5821355 12902 -37677 1535727 1716147 426024 964121 1109703 752026 X SEE SCHEDULE OBRONX CHARTER SCHOOL FOR THE ARTS IS A PUBLIC ELEMENTARY SCHOOL FOUNDED ON THE PRINCIPLE THAT ARTS EDUCATION IS A CATALYST FOR THE ACADEMIC AND SOCIAL SUCCESS OF ALL STUDENTS. LOCATED IN THE SOUTH BRONX, WE SERVE AS A MODEL THAT ENCOURAGES REFORM AND INNOVATION IN THE BROADER PUBLIC SCHOOL SYSTEM. UPON GRADUATION, OUR STUDENTS DEMONSTRATE EXCELLENCE IN ALL ACADEMIC SUBJECT AREAS AND HAVE A UNIQUE FOUNDATION OF LEARNING AND EXPERIENCE IN THE ARTS. BRONX ARTS STUDENTS POSSESS THE INTELLECTUAL AND EMOTIONAL FORTITUDE TO REALIZE THEIR DREAMS AND OVERCOME ADVERSITY. 0 0 4943405 4957284 BRONX CHARTER SCHOOL FOR THE ARTS IS FOUNDED ON THE PRINCIPLE THAT ARTS EDUCATION IS A CATALYST FOR THE ACADEMIC AND SOCIAL SUCCESS OF ALL STUDENTS. IN THIS CONTEXT, THE SCHOOL'S PRIMARY PURPOSE IS TO PROMOTE ART EDUCATION AS PART OF AN OVERALL BALANCED CURRICULUM. 4943405 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 78 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X STEPHEN RAVOSA CHIEF FINANCIAL OFF 7188931042 950 LONGFELLOW AVENUE BRONX NY 10474 MATTHEW ARENDT 5.00 X X 0 0 0 JULIE WONG 5.00 X X 0 0 0 MICHAEL HOLLANDER 5.00 X X 0 0 0 TRENT HICKMAN 5.00 X X 0 0 0 FRANCES ENGORON 5.00 X 0 0 0 ARTHUR GREENBERG 5.00 X 0 0 0 MICHAEL KARP 5.00 X 0 0 0 WILLIAM MANDEL 5.00 X 0 0 0 ERIC OSORIO 5.00 X 0 0 0 KENNETH YAGODA 5.00 X 0 0 0 LARRY BOMBACK 5.00 X 0 0 0 LORI BIANCAMANO 5.00 X 0 0 0 YANA GUTIERREZ 5.00 X 0 0 0 SHARON DUNN 5.00 X 0 0 0 MARK EDELMAN 5.00 X 0 0 0 BRENDA GORCZYNSKI 5.00 X 0 0 0 ROGER KAMAU 5.00 X 0 0 0 DAVID KLEIN 5.00 X 0 0 0 SUSAN GEISENHEIMER 5.00 X 0 0 0 CHRISTINA BROWN 40.00 X 149838 0 13401 STEPHEN RAVOSA 40.00 X 52083 0 2868 RYAN SCHETELICK 40.00 X 101409 0 7175 DERRICK DUNLAP 40.00 X 100650 0 6386 403980 0 29830 3 0 1 0 PREFERRED MEAL SYSTEMS INC 8152 SOLUTION CENTER CHICAGO IL 60677 FOOD SERVICES 139254 1 82467 624946 109715 817128 RESIDENT STUDENT ENROL 611710 4781731 4781731 SCHOOL FOOD REIMBURS. 722210 146112 146112 4927843 9266 9266 13869 82467 13869 0 OTHER INCOME 900099 29441 29441 29441 5783678 4957284 0 9266 288306 239934 24373 23999 3126472 2845427 184517 96528 395946 356351 23757 15838 302009 274354 18965 8690 68351 68351 220348 165535 27790 27023 92983 78480 12184 2319 822446 575712 246734 21909 15336 6573 36720 25704 11016 36507 25555 10952 FOOD AND FOOD SERVICE 161741 140832 20909 STUDENT SUPPLIES 122752 110477 12275 STAFF DEVELOPMENT 75301 63271 12030 MISCELLANEOUS 31990 23930 8060 STAFF RECRUITMENT 17574 2507 279 14788 5821355 4943405 688765 189185 109194 1605 554955 1088506 330962 226208 34240 47008 6279 2802 658581 493356 118006 165225 382091 184793 1535727 1716147 426024 392418 11526 0 560177 426024 964121 X 550950 577026 558753 175000 1109703 752026 1535727 1716147 X -37677 -320000 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 106705 23375 83330 551876 469981 81895 165225 SECURITY DEPOSIT 170000 SECURITY DEPOSIT - CAPITAL EXPENSE RESERVE ACCOUNT 14793 184793 RETURN OF CONTRIBUTION PAYABLE 20000 DEFERRED LEASE CREDIT 417857 DEFERRED RENT 122320 560177 5783678 5821355 -37677 -320000 -320000 -357677 5465236 1558 -320000 -318442 5783678 0 5783678 5822913 1558 1558 5821355 0 5821355 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: BRONX CHARTER SCHOOL FOR THE ARTS IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DESIGNATED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. MANAGEMENT HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS WERE REQUIRED IN THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: RESCISSION OF TEMPORARILY RESTRICTED GRANTS -320,000. PRIOR TO THE FISCAL YEAR ENDED JUNE 30, 2011, BCSA RECEIVED GRANTS TOTALING $320,000 FROM VARIOUS DONORS RESTRICTED TO THE PURCHASE OF THE BUILDING IN WHICH IT OPERATES ITS SCHOOL. DURING THE FISCAL YEAR ENDED JUNE 30, 2011, BCSA DECIDED TO NOT PURCHASE THE BUILDING AND THE RELATED RESTRICTED FUNDING WAS RETURNED TO THE DONORS. 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 THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY IS ILLUSTRATED TO THE PUBLIC THROUGH ITS WEBSITE ON THE 'STUDENT ENROLLMENT GUIDE' LINK: WWW.BRONXARTS.NET EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT AWARD ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 BRONX CHARTER SCHOOL FOR THE ARTS RECEIVES CONTRIBUTIONS FROM VARIOUS FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES. BENEFIT AUCTION 96336 82467 13869 2625 6384 4860 96336 82467 13869 2625 6384 4860 13869 0 X 0 0 0 0 0 0 0 0 0 CHRISTINA BROWN 139838 0 10000 0 0 0 0 0 13401 0 163239 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT ANSWERS 990 QUESTIONNAIRES. ONCE THE QUESTIONNAIRE HAS BEEN COMPLETED ALONG WITH ITS SCHEDULES, FORMS AND SCHEDULES ARE SUBMITTED TO AUDITORS. ONCE THE AUDITORS HAVE COMPLETED THE DRAFT 990, MANAGEMENT THEN REVIEWS THE DOCUMENT AND WILL THEN FORWARD TO THE CHAIR PERSON OF THE FINANCE COMMITTEE FOR FINAL REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS REQUIRED TO ANNUALLY FILL OUT A QUESTIONNAIRE THAT PROBES FOR ANY POSSIBLE CONFLICTS OF INTERESTS TO THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES MEETS TO REVIEW THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. USING COMPARABLES FROM OTHER ORGANIZATION, AS WELL AS WELL AS OTHER VARIABLES, THE BOARD DELIBERATES ON A COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR. IF THE POTENTIAL EXECUTIVE DIRECTOR ACCEPTS THE COMPENSATION PACKAGE OFFER, THE BOARD WILL COORDINATE WITH THE HR MANAGER TO DRAFT A WRITTEN CONTRACT FOR THE POSITION ILLUSTRATING ALL TERMS OF EMPLOYMENTS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AND ON THE DEPARTMENT OF EDUCATION WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: RESCISSION OF TEMPORARILY RESTRICTED GRANTS -320,000. TOTAL TO FORM 990, PART XI, LINE 5: -320,000. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS: THE PROCESS FOR OVERSIGHT OF THE AUDIT OF OUR FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.