EXPLORE SCHOOLS INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- EXPLORE SCHOOLS INC (EIN 26-3282250)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-14
- IRS object ID
- 201140459349301084
- Schema version
- 2009v1.7
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-02-14T13:35:20-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263282250 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EXPLORE SCHOOLS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | EXPL | NameControl |
| Phone | 7187034484 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 water street | AddressLine1 |
| City | brooklyn | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | morton a ballen | Name |
| Title | CEO | Title |
| Phone | 7187034484 | Phone |
| Date Signed | 2011-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARTIN GREIF | Name |
| Phone | 2123721000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MORTON A BALLEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 water street | AddressLine1 |
| City | brooklyn | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1498403 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.explorenetwork.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2008 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | to provide strategic planning, board governance, financial oversight, human resource and other management support services to schools | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 3 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 2 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 235000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 628523 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 858600 | ProgramServiceRevenueCY |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 1239 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 235000 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1488362 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 9212 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 121272 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 687464 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 110623 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 62387 | OtherExpensePriorYear |
| Other Expenses Current Year | 364759 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 183659 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1061435 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 51341 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 426927 | RevenuesLessExpensesCY |
| Total Assets BOY | 70973 | TotalAssetsBOY |
| Total Assets EOY | 679545 | TotalAssetsEOY |
| Total Liabilities BOY | 19632 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 201277 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 51341 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 478268 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Organization is a New York-based, non-profit charter management organization. Its mission is to create and support a network of K-8 public schools in under-served communities that provides students with the academic skills and critical-thinking abilities they need to succeed in a college-preparatory high school. There are currently 700 students enrolled in the network's two charter schools in central Brooklyn. To realize its mission, Explore Schools provides value-added support to the schools within the network, while at the same time developing capacity to establish and support turnaround schools that will provide students in under-served communities with access to a high-quality public education. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 245565 | Expense |
| Grants | 4606 | Grants |
| Revenue | 636180 | Revenue |
| Description | Provided Management advisory services to Explore Charter School per Contract. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 301694 | Expense |
| Grants | 4606 | Grants |
| Revenue | 222420 | Revenue |
| Description | Provided Management advisory services per contract and provided support to launch Explore Empower Charter School. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 154355 | Expense |
| Description | Awarded Charter for first turnaround in NYC. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 701614 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | 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 | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | 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 | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 5 | 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 |
| Nbr Voting Governing Body Members | 3 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 2 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ADEL HAGEB | NamePerson |
| Telephone Number | 3476616351 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 WATER STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (4 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MORTON A BALLEN | ||||||
| CEO | 20.00 | X | X | 66362 | 0 | 5543 |
| Theodore GILLMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KEVIN HUFFMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CATHERINE BARUFALDI | ||||||
| CHIEF OPERATING OFFICER | 25.00 | X | 51403 | 0 | 11489 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 117765 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 17032 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 13973 | FundraisingEvents |
| All Other Contributions | 614550 | AllOtherContributions |
| Total Contributions | 628523 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | mgmt service fees | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 858600 | TotalRevenueColumn |
| Related Or Exempt Function Income | 858600 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 858600 | TotalProgramServiceRevenue |
| Gross Income Fundraising Events | 5280 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 13973 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 10041 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -4761 | TotalRevenueColumn |
| Exclusion | -$4,761 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | misc. income | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 6000 | TotalRevenueColumn |
| Exclusion | $6,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 6000 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1488362 | TotalRevenueColumn |
| Related Or Exempt Function Income | 858600 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,239 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9212 | Total |
| Program Services | 9212 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 340000 | Total |
| Program Services | 227065 | ProgramServices |
| Management And General | 101660 | ManagementAndGeneral |
| Fundraising | 11275 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258650 | Total |
| Program Services | 172737 | ProgramServices |
| Management And General | 77335 | ManagementAndGeneral |
| Fundraising | 8578 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2357 | Total |
| Program Services | 1574 | ProgramServices |
| Management And General | 707 | ManagementAndGeneral |
| Fundraising | 76 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32442 | Total |
| Program Services | 21672 | ProgramServices |
| Management And General | 9733 | ManagementAndGeneral |
| Fundraising | 1037 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54015 | Total |
| Program Services | 36082 | ProgramServices |
| Management And General | 16204 | ManagementAndGeneral |
| Fundraising | 1729 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6985 | Total |
| Management And General | 6985 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177525 | Total |
| Program Services | 93668 | ProgramServices |
| Management And General | 734 | ManagementAndGeneral |
| Fundraising | 83123 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15278 | Total |
| Program Services | 9928 | ProgramServices |
| Management And General | 5350 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47952 | Total |
| Program Services | 40759 | ProgramServices |
| Management And General | 5275 | ManagementAndGeneral |
| Fundraising | 1918 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23405 | Total |
| Program Services | 15634 | ProgramServices |
| Management And General | 7022 | ManagementAndGeneral |
| Fundraising | 749 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32167 | Total |
| Program Services | 31515 | ProgramServices |
| Management And General | 652 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3763 | Total |
| Program Services | 2514 | ProgramServices |
| Management And General | 1129 | ManagementAndGeneral |
| Fundraising | 120 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8936 | Total |
| Program Services | 5969 | ProgramServices |
| Management And General | 2967 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| recruitment | 16332 | 13065 | 3267 | |
| staff development | 15734 | 9358 | 5928 | 448 |
| miscellaneous | 15112 | 10862 | 4250 | |
| fund-raising expenses | 1570 | 1570 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1061435 | Total |
| Program Services | 701614 | ProgramServices |
| Management And General | 249198 | ManagementAndGeneral |
| Fundraising | 110623 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500 | BOY |
| EOY | 501544 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25000 | BOY |
| EOY | 150000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40792 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 12184 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 20221 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4404 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4681 | BOY |
| EOY | 15817 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70973 | BOY |
| EOY | 679545 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 489 | BOY |
| EOY | 141940 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 9212 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 50000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19143 | BOY |
| EOY | 125 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19632 | BOY |
| EOY | 201277 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -51167 | BOY |
| EOY | 167101 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102508 | BOY |
| EOY | 311167 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51341 | BOY |
| EOY | 478268 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70973 | BOY |
| EOY | 679545 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 235000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 628523 | CurrentTaxYear |
| Total | 863523 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 235000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 628523 | CurrentTaxYear |
| Total | 863523 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 863523 | PublicSupportTotal170 |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 6000 | CurrentTaxYear |
| Total | 6000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 869523 | TotalSupport |
| Gross Receipts From Admissions Etc | 858600 | GrossReceiptsFromAdmissionsEtc |
| First5 Years170 | X | First5Years170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11671 | OtherCostOrOtherBasis |
| Depreciation | 3691 | Depreciation |
| Book Value | 7980 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8550 | OtherCostOrOtherBasis |
| Depreciation | 713 | Depreciation |
| Book Value | 7837 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15817 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | due to related party - 501(c)(3) | Description |
| Amount | $125 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 125 | TotalOfAmounts |
| Total Revenue | 1488362 | TotalRevenue |
| Total Expenses | 1061435 | TotalExpenses |
| Excess Or Deficit For Year | 426927 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 426927 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1540371 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 41968 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 41968 | RevenueNotRptdF990 |
| Revenue Subtotal | 1498403 | RevenueSubtotal |
| Other Revenues Not Included | -10041 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -10041 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1488362 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1113444 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 41968 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 10041 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 52009 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1061435 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1061435 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | On July 1, 2009, the Organization adopted the accounting standard on accounting for uncertainty in income taxes (Accounting Standards Codification ("ASC") 740, formerly Financial Accounting Standards Board ("FASB") Interpretation No. 48), which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses derecognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management has evaluated the Organization's tax positions for 2010 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. |
| Part XII, Line 4b - Other Adjustments: | special events expenses offset against special events revenue: -10041. | |
| Part XIII, Line 2d - Other Adjustments: | special events expenses offset against special events revenue: 10041. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | dinner | NameOfEvent1 |
| Gross Receipts Event1 | 19253 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 13973 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 5280 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 10041 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 19253 | GrossReceiptsTotal |
| Charitable Contributions Total | 13973 | CharitableContributionsTotal |
| Gross Revenue Total Events | 5280 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 10041 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 10041 | DirectExpenseSummaryEvents |
| Net Income Summary | -4761 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: the amounts remitted as grants during the fiscal year ended 6/30/10 were to Explore Charter School and Explore Empower Charter School. these were amounts raised as part of a fundraising event and passed on to the schools to be used in their general operations. There was no specific monitoring of the fund usage required. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part III | ReturnReference |
| Explanation | during Explore Schools, Inc.'s (ESI) start-up period, all employees' salaries were paid by Explore Charter School (ECS) on their behalf. ECS was subsequently reimbursed for all those expenses. as of 7/1/09, ESI began paying out their employees' salaries. for purposes of Form 990, part vii, the 2009 W-2 compensation was paid by ECS, an unrelated party. the following are the recipients and amounts of reportable compensation. Morton A. ballen - $93,948 catherine barunfaldi - $74,094 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | Senior management reviews the form 990 and then forwards it to the finance committee for their review. Changes are made to the draft return, when necessary. The final version of the form 990 is then distributed to all the organization's board members prior to filing with the IRS. | |
| Form 990, Part VI, Section B, line 12c | Prior to election to the Board, and thereafter on an annual basis, all Trustees, officers and key employees (if applicable) are required to disclose, in writing, to the best of their knowledge, any Interest such Trustee may have in any corporation, organization, partnership or other entity which provides professional or other goods or services to the organization for a fee or other compensation, and any Interest such Trustee may have as a result of a position or other relationship with any not-for-profit corporation with which the organization has an attorney-client or other business relationship (collectively, a 'Conflict of Interest'). | |
| Form 990, Part VI, Section B, line 15 | The compensation committee does a market analysis to compare CEO and other leadership position salaries in similar organizations and is also involved in the approval for the annual budget for the organization. The same process is followed to determine key employee salaries when applicable. | |
| Form 990, Part VI, Section C, line 19 | The organization makes its governing documents, conflict of interest policy, and financial statements available upon request. | |
| form 990, part vii | morton a. ballen worked 13 hours/week for explore charter school (unrelated entity, see Schedule J, Part III) and 1 hour/week for Friends of Explore Charter School. he also devoted 17 hours/week to explore empower charter school (an unrelated organization, within the Explore umbrella of entities). catherine barufaldi worked 10 hours/week for explore charter school (unrelated entity, see Schedule J, Part III) and 15 hours/week for explore empower charter school (an unrelated organization, within the Explore umbrella of entities). | number of hours worked for related entities |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE Friends of Explore CHARTER SCHOOL INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 Snyder Ave | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11226 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134144367 | EIN |
| Primary Activities | to support explore charter school | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 170(b)(1) (A)(vi) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Explore Charter School | BusinessNameLine1 |
| 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 | 1 | 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 | 0 | 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 | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Friends of Explore Charter School (foecs)- outstanding startup loan balance | |
| E | 125 |
| FOECS - reimb of exp for network retreat & consultant services | |
| O | 22072 |
| FOECS - transfer of funds received on behalf of ESI | |
| R | 307803 |
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