2012-05-14T11:25:26-07:00 2011-06-30 Koch Group & Co LLP 333 Seventh Avenue Floor 8 New York NY 100015118 990 2010-07-01 830396763 GRAND CONCOURSE ACADEMY CHARTER SCHOOL GRAN 7185901300 116-18 EAST 169th STREET BRONX NY 10452 JOYCE HIGGINSON-DAVIS 2012-05-14 Stuart Koch 2126310700 2010 2016-02-24 21:20:13Z JOYCE HIGGINSON-DAVIS 4 HORIZON ROAD 1419 FORT LEE NJ 07024 5888770 false false X WWW.GCACS.ORG X 2004 NY TO CREATE A CHALLENGING LEARNING ENVIRONMENT THAT ADDRESSES AND MEETS THE NEEDS OF STUDENTS IN NEW YORK CITY AND TO OFFER STUDENTS A HIGH QUALITY PUBLIC EDUCATION ON A NONDISCRIMINATORY AND SECULAR BASIS. 6 6 76 0 514886 491747 5010884 5393248 3941 3775 0 5529711 5888770 0 0 3538517 3760123 0 0 1727617 1730765 5266134 5490888 263577 397882 1982941 2484213 872288 975678 1110653 1508535 The mission of the Grand Concourse Academy Charter School is to create a challenging learning environment that addresses and meets the needs of students in New York City, especially those at-risk of academic failure. In a concentrated effort to prepare our students for entry into the very best middle and high schools of New York City, the Academy will seek to foster a sense of strong character, ethics, and personal responsibility, as well as high expectations and academic success.The Academy will place a strong emphasis on Reading, Math, Science, and Social Studies, and will diligently seek to prepare students to meet and/or exceed NYS performance standards in ELA, Mathematics, Science and Social Studies. The Academy will support and encourage professional development opportunities aligned to the instructional program, and will diligently seek and encourage active parental involvement and participation in the academic goals of the students. In addition, the school will seek to involve false false 4737542 491747 5397023 PUBLIC EDUCATION ON A NONDISCRIMINATORY AND SECULAR BASIS.THE ACADEMY PLACES A STRONG EMPHASIS ON READING, MATH, SCIENCE, AND SOCIAL STUDIES, AND WILL DILIGENTLY SEEK TO PREPARE STUDENTS TO MEET AND/OR EXCEED NYS PERFORMANCE STANDARDS IN ELA, MATHEMATICS, SCIENCE AND SOCIAL STUDIES. 4737542 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 9 0 true 76 true false false false false false false false false false false false 0 false false false false false false false false false false false X 6 6 false false false false false false false true true false false false true true true true true true true true false false NY X X MRMCDOWELLCBO 6463358284 116-18 EAST 169th STREET BRONX NY 10452 REBECCA KRAMNICK 1.00 X 0 0 0 MARTIN MCDOWELL 40.00 X X 96365 0 6121 LINDA MANLEY 1.00 X X 0 0 0 JUAN TRINIDAD 40.00 X X 102480 0 6846 JOYCE HIGGINSON-DAVIS 1.00 X 0 0 0 JEANETTE ENGLES 1.00 X 0 0 0 IRA VICTOR 40.00 X X X 208012 0 9940 HOWARD BANKER 1.00 X X 0 0 0 CHERYL FORBES 40.00 X X 104991 0 11432 ARLENE HALL 1.00 X 0 0 0 511848 34339 3 false true false CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 WEST 35TH STREET STE 706 NEW YORK NY 10001 FINANCE & ACCOUNTING 121464 CONSULTING & SUPPORT 1 469631 22116 491747 STUDENT ENROLLMENT 611710 5393248 5393248 5393248 3775 3775 0 0 0 0 0 0 0 0 5888770 5393248 3775 0 0 0 0 353627 209868 143759 0 2710511 2501863 208648 105421 93297 12124 320042 283234 36808 270522 239409 31113 0 0 14600 14600 0 0 0 121464 121464 0 55418 49876 5542 0 0 632511 569260 63251 0 0 0 11693 10524 1169 0 233983 210585 23398 34343 30909 3434 UTILITIES 119880 107892 11988 SUPPLIES AND MATERIALS 115179 115179 REPAIR & MAINTENANCE 164616 148154 16462 equipment & TECHNOLOGY 61346 55212 6134 EDU.&ADMIN. CONSULTANTS 60632 10226 50406 105100 102054 3046 5490888 4737542 753346 0 14666 93391 632914 804577 134398 95640 0 0 0 0 0 60412 44854 2506553 1128884 826396 1377669 0 0 0 0 314155 68082 1982941 2484213 499730 559903 372558 415775 872288 975678 X 1110653 1508535 1110653 1508535 1982941 2484213 397882 X false true true X false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1803893 632388 1171505 420801 287030 133771 281859 209466 72393 1377669 RENT PAYABLE 211014 NOTES PAYABLE JP MORGAN 204761 415775 5888770 5490888 397882 397882 5888770 5888770 5888770 5490888 5490888 5490888 Part X Part X : FIN48 Footnote Tax StatusIN 2005 GRAND CONCOURSE ACADEMY FILED AND received APPROVAL OF its APPLICATION FOR tax exempt status from the Internal Revenue Service under Section 501(c)(3) of the Internal Revenue Code and has been classified as a publicly supported organization as described in INTERNAL REVENUE Code Sec. 509(a)(1) and 170(b)(1)(A)(II).Management has determined that the Organization had no uncertain tax positions that would require financial statement recognition. The Organization is no longer subject to income tax examination by federal, state or local tax authorities for years before 2008, which is the standard statute of limitations look-back period. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The school is required to adhere to the provisions of Section 2854 (2) of the Education Law to guide the admission policies and procedures.The school is open to any student who is qualified under the laws of New York for admission to a public school. Admission of students will be not be limited on the basis of intellectual ability, measures of achievement or aptitude, athletic ability, disability, race, creed, national origin, religion, ancestry, proficiency in English or any other ground that would be unlawful.Admission to GCA is free & open to all students eligible to attend public school in NYC. Students are selected by a random lottery. In short, there will be no admission requirements and no tests of any sort will be given to determine whether or not admission will be granted. Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency SCHOOL RECEIVES VARIOUS GOVERNMENT GRANTS AND FUNDING FOR CORE PUPIL AID. X X X X false false false false false false false false false false IRA VICTOR 208012 8882 1058 217952 176894 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL FINANCIAL STATEMENTS AND TAX RETURNS ARE OPEN FOR PUBLIC INSPECTION UPON REQUEST. ALL FINANCIAL STATEMENTS AND TAX RETURNS ARE SUBMITTED TO GRANT-MAKING GOVERNMENT AGENCIES. ALSO, THE ORGANIZATION TIMELY FILES ITS NYS CHAR 500 ANNUAL REPORT WITH THE OFFICE OF THE NY STATE ATTORNEY GENERAL. THE NYSOAG POSTS THE ORGANIZATION'S FINANCIAL STATEMENTS, FED 990 TAX RETURN AND THE NYS CHAR 500 ON ITS CHARITITES BUREAU INTERNET WEBSITE. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees A COMMITTEE OF THE BOARD EVALUATES THE PRINCIPAL'S COMPENSATION IN CONJUNCTION WITH INFORMATION AVAILABLE REGARDING COMPARABLE POSITIONS. THE COMMITTEE UTILIZES SALARY INFORMATION FROM OTHER CHARTER SCHOOLS IN IT'S DETERMINATION.OFFICERS AND BOARD MEMBERS DO NOT RECEIVE COMPENSATION.COMPENSATION FOR KEY EMPLOYEES SUCH AS MR. IRA VICTOR, THE SCHOOL PRINCIPAL, IS REVIEWED AND APPROVED BY THE BOARD. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST.A. EACH COVERED PERSON SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THE POLICY. 2. HAS READ AND UNDERSTANDS THE POLICY. 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION AND THE TRUST OF THE PUBLIC IT MUST DILIGENTLY AVOID CONFLICTS OF INTEREST OR THE APPEARANCE OF ANY CONFLICT AND ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.B. THIS POLICY SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF COVERED PERSONS, AND ANY NEW COVERED PERSON SHALL BE ADVISED OF THE POLICY UPON BECOMING A COVERED PERSON AND SHALL FILE AN ANNUAL STATEMENT WITH THE CORPORATION.C. TO FURTHER THE PURPOSE OF THE DISCLOSURE PROVISIONS OF THIS POLICY. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process OUTSIDE AUDITORS PREPARE A DRAFT 990 WHICH IS THEN DISTRIBUTED TO THE SCHOOL'S CHIEF BUSINESS OFFICER AND BOARD TREASURER FOR REVIEW. ANY CHANGES ARE THEN SUBMITTED TO THE AUDITORS AND A REVISED DRAFT SUBMITTED FOR APPROVAL BY THE BOARD TREASURER. THE RETURN IS REVIEWED AND DISCUSSED WITH THE FULL BOARD AND COPIES ARE AVAILABLE FOR EACH BOARD MEMBER.