2012-05-01T16:43:16-05:00 2011-06-30 MCGLADREY & PULLEN LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2010-07-01 061581474 BRONX PREPARATORY CHARTER SCHOOL BRON 7182940841 3872 THIRD AVENUE BRONX NY 10457 EDWINA BRANCH-SMITH 7182940841 2012-04-25 1 MARTIN GREIF 2123721000 2010 2016-02-24 21:20:13Z EDWINA BRANCH-SMITH 3872 THIRD AVENUE BRONX NY 10457 11602925 0 X WWW.BRONXPREP.ORG X 2000 NY THE MISSION OF THE BRONX PREPARATORY CHARTER SCHOOL IS TO PREPARE UNDERSERVED MIDDLE AND HIGH SCHOOL STUDENTS FOR HIGHER EDUCATION, COMMUNITY INVOLVEMENT AND LIFELONG SUCCESS THROUGH A STRUCTURED, CARING ENVIRONMENT OF HIGH ACADEMIC EXPECTATIONS. 17 17 181 5 0 0 1596734 1481836 9117741 10094139 4849 4766 -7488 19938 10711836 11600679 0 0 0 0 7552622 7973648 0 0 232117 2572354 3110286 10124976 11083934 586860 516745 4478598 4744502 444586 229614 4034012 4514888 X BRONX PREPARATORY IS A CHARTER SCHOOL LOCATED IN THE SOUTH BRONX SERVING GRADES 5 THORUGH 12, WAS FOUNDED IN THE BELIEF THAT ALL CHILDREN IN AMERICA DESERVE AN EDUCATION ENABLING THEM TO FULFILL THEIR POTENTIAL AND REALIZE THER DREAMS. TO PREPARE OUR STUDENTS FOR ENROLLMENT AT COMPETITIVE COLLEGES, BRONX PREPARATORY IS COMMITTED TO PROVIDING A QUALITY EDUCATION FOR MIDDLE AND HIGH SCHOOL STUDENTS THAT CHALLENGES THEM TO ACHIEVE AT THE HIGHEST LEVELS. 0 0 10262091 10094139 PROVIDE GENERAL SPECIAL EDUCATION AND ENRICHMENT SERVICES TO PUBLIC SCHOOL STUDENTS IN GRADES 5-12. 10262091 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 11 0 1 181 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MR ZAID MOHAMMED 7182940841 3872 THIRD AVENUE BRONX NY 10457 LAWRENCE BASCOM 1.00 X 0 0 0 CARLTON CHARLES 1.00 X 0 0 0 LILIETH FERGUSON 1.00 X 0 0 0 NANCY GARVEY 1.00 X 0 0 0 PHIL GELSTON 1.00 X 0 0 0 STEVE GUGGENHEIMER 1.00 X 0 0 0 KRISTIN KEARNS JORDAN 1.00 X 0 0 0 YULIANA KIM-GRANT 1.00 X 0 0 0 SCOTT NELSON 1.00 X 0 0 0 ANDREW PAUL 1.00 X 0 0 0 RICHARD SCHUBART 1.00 X 0 0 0 SHARON SIMPSON 1.00 X 0 0 0 RAVI SURIA 1.00 X 0 0 0 PHILIP WHARTON 1.00 X 0 0 0 DEBORAH L EVANGELAKOS 1.00 X 0 0 0 KAVITA DOLAN 1.00 X 0 0 0 LEE FLANAGAN 1.00 X 0 0 0 ZAID MOHAMMED 28.00 X 46608 56250 15645 SAMONA JOE-TAIT THRU 93011 28.00 X 119994 63070 14340 JACQUELINE KING-ROBINSON 43.00 X 148932 0 17949 MELISSA MELKONIAN 40.00 X 120877 0 11230 SAMRONG SO 43.00 X 109038 0 10638 SHAUNTE EDMONDS 43.00 X 105403 0 10457 650852 119320 80259 5 0 1 0 EXECUTIVE CLEANING SERVICE CORPORATION PO BOX 702 ELMSFORD NY 10523 JANITORIAL 174040 NETWORK OUTSOURCE 135 DENTON AVENUE NEW HYDE PARK NY 11040 TECHNOLOGY 118333 2 796781 685055 50323 1481836 STATE & LOCAL PER PUPI 900099 10094139 10094139 10094139 4766 4766 8448 2246 6202 6202 TRIP REVENUE 900099 8688 8688 OTHER INCOME 900099 5048 5048 13736 11600679 10107875 0 10968 190880 73278 93176 24426 6321733 5875124 349382 97227 157676 143470 11006 3200 743866 676846 51920 15100 559493 509083 39052 11358 74639 70161 2985 1493 16041 15078 642 321 72069 69175 1422 1472 1258503 1227879 20457 10167 103140 96951 4126 2063 82829 77859 3313 1657 STUDENT FIELD LESSONS 389721 389721 STUDENT MEAL 303630 303630 CLASSROOM BOOKS AND SUP 268023 268023 COLLEGE PREP PROGRAM 75104 75104 ENRICHMENT FEES/CURRICU 48191 48191 418396 342518 12245 63633 11083934 10262091 589726 232117 156512 200021 2206239 2209652 653423 826170 4338 10050 2253601 754992 1458086 1498609 4478598 4744502 267793 181750 176793 47864 444586 229614 X 3834012 4314888 200000 200000 4034012 4514888 4478598 4744502 X 516745 -35869 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1824448 459248 1365200 348834 259862 88972 80319 35882 44437 1498609 DUE TO AFFILIATE [501 (C)(3) ORGANIZATION] 47864 47864 11600679 11083934 516745 -35869 -35869 480876 12589851 33296 955876 989172 11600679 0 11600679 12202280 33296 1085050 1118346 11083934 0 11083934 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2007, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE PLEDGES -35,869. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES AGAINST FUNDRAISING REVENUE 2,246. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 953,630. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES AGAINST FUNDRAISING REVENUE 2,246. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 1,082,804. 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 UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS, BRONX PREPARATORY CHARTER SCHOOL, INCLUDES IN ITS PUBLICATION MATERIAL THE FOLLOWING NONDISCRIMINATORY POLICY: THE SCHOOL SHALL NOT DISCRIMINATE AGAINST A STUDENT ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION FOR PROVIDING AN EXTENDED-YEAR CHARTER MIDDLE AND HIGH SCHOOL COLLEGE PREPARATORY EDUCATION TO 682 NYC 5TH - 12TH GRADERS. THE SCHOOL ALSO RECEIVED FEDERAL TITLE I, IIA, IV & V FUNDS TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS. THE SCHOOL ALSO RECEIVES MEAL FUNDING THROUGH THE SCHOOL BREAKFAST PROGRAM AND THE NATIONAL SCHOOL LUNCH PROGRAM. X X X X 0 0 0 0 0 0 0 0 0 SAMONA JOE-TAIT THRU 93011 119994 63070 0 0 0 0 5999 3154 3560 1777 129553 68001 0 0 JACQUELINE KING-ROBINSON 148932 0 0 0 0 0 7447 0 10652 0 167031 0 0 0 X COMPUTER & TELECOMUNICATION EQUIPMENT 1 50323 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS (WILL BE) REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER AND KEY EMPLOYEE IS REQUIRED YEARLY TO COMPLETE A DISCLOSURE OF FINANCIAL INTEREST FORM THAT DOCUMENTS EXISTING AND POTENTIAL CONFLICTS OF INTEREST. MANAGEMENT MONITORS POTENTIAL CONFLICTS AND REPORTS, IF NECESSARY, TO BOARD LEADERSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION WAS NEGOTIATED AT THE TIME OF INITIAL EMPLOYMENT IN 2007 BASED ON COMPARABLE DATA PROVIDED BY THE NEW YORK CITY CHARTER SCHOOL CENTER AND NON-PROFIT COORDINATING COMMITTEE SURVEY DATA. SUBSEQUENT INCREASES HAVE BEEN NOMINAL FOR ALL ADMINISTRATORS DUE TO FINANCIAL CIRCUMSTANCES IN NEW YORK STATE PUBLIC SCHOOLS. A PROCESS THAT INCLUDES SURVEY OF COMPARABLE POSITIONS AND PERFORMANCE EVALUATION IS IN PLACE FOR FUTURE YEARS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY A NUMBER OF FACTORS, INCLUDING PERFORMANCE EVALUATION AND COMPARISON WITH COMPENSATION INFORMATION FROM THE NEW YORK CITY CHARTER SCHOOL CENTER, THE NEW YORK CITY DEPARTMENT OF EDUCATION, AND THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 BY LAW, BOARD OF TRUSTEE MEETINGS ARE OPEN TO THE PUBLIC, WITH MEETING TIMES AND LOCATIONS ANNOUNCED PUBLICLY AHEAD OF TIME. MATERIAL DISTRIBUTED AT MEETINGS, INCLUDING BUDGETS AND FINANCIAL STATEMENTS, ARE AVAILABLE TO ALL PRESENT. BECAUSE BRONX PREP AND FRIENDS OF BRONX PREP BUDGET AND REPORT ON A CONSOLIDATED BASIS, THIS INFORMATION IS AVAILABLE FOR BOTH ORGANIZATIONS. DETAILED REPORT ON BRONX PREP'S AUTHORIZER VISITS, RENEWAL REPORTS, ACCOUNTABILITY PLAN PROGRESS, AND STATE EDUCATION DEPARTMENT REPORT CARD ARE AVAILABLE ON THE SUNY CHARTER SCHOOLS INSTITUTE WEBSITE: WWW.NEWYORKCHARTERS.ORG UNDER THE FREEDOM OF INFORMATION LAW, INFORMATION IS ALSO AVAILABLE ON-SITE AT THE SCHOOL AND UPON REQUEST. FORMS 990 ARE POSTED AT WWW.GUIDESTAR.ORG. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: LOSS ON UNCOLLECTIBLE PLEDGES -35,869. TOTAL TO FORM 990, PART XI, LINE 5: -35,869. FORM 990, PART VII, SECTION A AN ESTIMATED WEEKLY AVERAGE HOURS OF THE BOARD OF DIRECTORS AND OFFICERS FROM RELATED ORGANIZATIONS: LAWRENCE BASCOM - 2.00 AVERAGE HOURS PER WEEK CARLTON CHARLES - 2.00 AVERAGE HOURS PER WEEK KAVITA DOLAN - 2.00 AVERAGE HOURS PER WEEK LILIETH FERGUSON - 2.00 AVERAGE HOURS PER WEEK LEE FLANAGAN - 2.00 AVERAGE HOURS PER WEEK NANCY GARVEY - 2.00 AVERAGE HOURS PER WEEK PHIL GELSTON - 2.00 AVERAGE HOURS PER WEEK YULIANA KIM-GRANT - 2.00 AVERAGE HOURS PER WEEK STEVE GUGGENHEIMER - 2.00 AVERAGE HOURS PER WEEK KRISTIN KEARNS JORDAN - 2.00 AVERAGE HOURS PER WEEK SCOTT NELSON - 2.00 AVERAGE HOURS PER WEEK ANDREW PAUL - 2.00 AVERAGE HOURS PER WEEK RICHARD SCHUBART - 2.00 AVERAGE HOURS PER WEEK SHARON SIMPSON - 2.00 AVERAGE HOURS PER WEEK RAVI SURIA - 2.00 AVERAGE HOURS PER WEEK PHILIP WHARTON - 2.00 AVERAGE HOURS PER WEEK DEBORAH L. EVANGELAKOS - 2.00 AVERAGE HOURS PER WEEK SAMONA TAIT - 28 AVERAGE HOURS PER WEEK ZAID MOHAMMED - 28 AVERAGE HOURS PER WEEK FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL 3872 THIRD AVENUE BRONX NY 10457 161571685 SUPPORTING ORGANIZATION NY 501(C)(3) 11A BRONX PREPARATORY CHARTER SCHOOL 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL J 704100 LEASE AGREEMENT