2026-05-12T06:44:23-07:00 2025-06-30 810926770 NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS 40 WALL ST 32ND FL NEW YORK NY 10005 990 2024-07-01 832700166 FRIENDS OF SBCSICA INC FRIE 6462359061 164 BRUCKNER BLVD BRONX NY 10454 Shameeka Gonzalez Board Chairman 2026-05-12 true true Miaoling Lin P00431817 2127850100 2024 2025-03-06 01:10:19Z Shameeka Gonzalez 164 BRUCKNER BLVD BRONX NY 10454 279124 false X N/A X 2018 NY OUR MISSION IS TO SUPPORT THE EDUCATIONAL PURPOSES OF SOUTH BRONX CHARTER School FOR INTERNATIONAL CULTURES AND THE ARTS SCHOOL BY ACQUIRING, LEASING, CONSTRUCTING, RENOVATING AND MAINTAINING REAL ESTATE AND OTHER FACILITIES FOR THE USE OF THE STUDENTS AND FACULTY OF SOUTH BRONX CHARTER School FOR INTERNATIONAL CULTURES AND THE ARTS. AND BY UNDERTAKING OR FUNDING OTHER ACTIVITIES AND SERVICES THAT ENHANCE, AUGMENT AND COMPLEMENT SOUTH BRONX CHARTER FOR INTERNATIONAL CULTURES AND THE ARTS'S EDUCATIONAL PROGRAMS AND ACTIVITIES. 3 3 0 3 0 0 0 225404 279124 0 225404 279124 0 0 0 0 0 1422090 2988665 1422090 2988665 -1196686 -2709541 39727092 39696212 40923778 43602439 -1196686 -3906227 OUR MISSION IS TO SUPPORT THE EDUCATIONAL PURPOSES OF SOUTH BRONX CHARTER School FOR INTERNATIONAL CULTURES AND THE ARTS SCHOOL BY ACQUIRING, LEASING, CONSTRUCTING, RENOVATING AND MAINTAINING REAL ESTATE AND OTHER FACILITIES FOR THE USE OF THE STUDENTS AND FACULTY OF SOUTH BRONX CHARTER School FOR INTERNATIONAL CULTURES AND THE ARTS. AND BY UNDERTAKING OR FUNDING OTHER ACTIVITIES AND SERVICES THAT ENHANCE, AUGMENT AND COMPLEMENT SOUTH BRONX CHARTER FOR INTERNATIONAL CULTURES AND THE ARTS'S EDUCATIONAL PROGRAMS AND ACTIVITIES. false false 2648050 SUPPORT THE EDUCATIONAL PURPOSES OF SOUTH BRONX CHARTER School FOR INTERNATIONAL CULTURES AND THE ARTS BY ACQUIRING, LEASING, CONSTRUCTING, RENOVATING AND MAINTAINING REAL ESTATE AND OTHER FACILITIES FOR THE USE OF THE STUDENTS AND FACULTY OF SOUTH BRONX CHARTER School FOR INTERNATIONAL CULTURES AND THE ARTS AND BY UNDERTAKING OR FUNDING OTHER ACTIVITIES AND SERVICES THAT ENHANCE, AUGMENT AND COMPLEMENT SOUTH BRONX CHARTER FOR INTERNATIONAL CULTURES AND THE ARTS'S EDUCATIONAL PROGRAMS AND ACTIVITIES. 2648050 true false false false false false false false false false true false false true true true false true false false 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 true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 3 3 false false false false false false false true false false false true true true true true true true true false NY X X X FRIENDS OF SBCSICA INC 6462359061 164 BRUCKNER BLVD BRONX NY 10454 X Shameeka Gonzalez Board Chairman 1.00 0.00 X X 0 0 0 IRENE GALVN Secretary 1.00 0.00 X X 0 0 0 RICARDO COSME RUIZ Treasurer 1.00 0.00 X X 0 0 0 0 false false false Mott Haven Z LLC 175 great neck road ste 406 Great Neck NY 11021 Construction 997500 1 0 0 279124 279124 0 0 0 0 0 0 0 0 279124 279124 0 0 0 0 0 0 0 0 0 0 0 0 10000 8860 1140 0 0 0 0 0 0 0 0 0 0 0 0 2451438 2172051 279387 0 527227 467139 60088 0 0 2988665 2648050 340615 0 0 0 0 0 0 0 0 0 0 29800399 4976967 25286626 24823432 0 0 0 2198482 2134449 12241984 12738331 39727092 39696212 40000 345000 34605000 34605000 785000 480000 5493778 8172439 40923778 43602439 X -1196686 -3906227 -1196686 -3906227 39727092 39696212 -2709541 X false true X true false X 0 0 0 0 0 0 0 0 225404 279124 504528 0 225404 279124 504528 0 0 225404 279124 504528 X 0.00000 0.00000 11743000 11743000 18057399 4976967 13080432 24823432 Construction in progress 6411149 restricted reserves and debt service 6327182 12738331 DUE TO AFFILIATE 8172439 8172439 X Part X : FIN48 Footnote TAX STATUSThe Organization is tax-exempt under Section 501(c)(3) of the Internal Revenue Code (IRC) and has been classified as a publicly supported organization as described in IRC sections 509(A)(1) and 170(B)(1)(A)(II).Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that, as of June 30, 2025, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the accompanying financial statements.The Organization is no longer subject to income tax examination by federal, state or local tax authorities for years before June 30, 2022. A BUILD NYC RESOURCE CORP 454040561 12008EUR5 2023-11-08 1270000 ACQ./CONST. SCHOOL BLDG false false false B BUILD NYC RESOURCE CORP 454040561 12008EUS3 2023-11-08 3810000 ACQ./CONST. SCHOOL BLDG false false false C BUILD NYC RESOURCE CORP 454040561 12008EUT1 2023-11-08 7450000 ACQ./CONST. SCHOOL BLDG false false false D BUILD NYC RESOURCE CORP 454040561 12008EUU8 2023-11-08 6085000 ACQ./CONST. SCHOOL BLDG false false false A 1218574 106773 1111801 24411 true false true true B 3655722 320318 3335404 73234 true false true true C 7148327 626342 6521985 143200 true false true true D 5838599 511581 5327018 116964 true false true true A false false false false false B false false false false false C false false false false false Part VI On November 8, 2023, Build NYC Resource Corporation provided construction and permanent financing of $35,390,000 through the issuance of $18,615,000 in Tax-Exempt Revenue Bonds (the Series 2023A Bonds), bearing interest at 6.25% to 7.25% per annum, with principal due at varying amounts annually through maturity on April 15, 2058, $15,990,000 in Tax-Exempt Revenue Bonds (the Series 2023B Bonds), bearing interest at 6.25% to 7.25% per annum, with principal due at varying amounts annually through maturity on April 15, 2058, and $785,000 in Taxable Revenue Bonds bearing interest at 8.25% per annum which were repaid in varying amounts through maturity on April 15, 2028. The proceeds of the bonds were used to refinance the existing bonds, purchase new land, renovate new leased high school space in the Bronx, New York. A BUILD NYC RESOURCE CORP 454040561 12008EUV6 2023-11-08 1120000 ACQ./CONST. SCHOOL BLDG false false false B BUILD NYC RESOURCE CORP 454040561 12008EUW4 2023-11-08 3290000 ACQ./CONST. SCHOOL BLDG false false false C BUILD NYC RESOURCE CORP 454040561 12008EUX2 2023-11-08 6360000 ACQ./CONST. SCHOOL BLDG false false false D BUILD NYC RESOURCE CORP 454040561 12008EUY0 2023-11-08 5220000 ACQ./CONST. SCHOOL BLDG false false false A 1074699 1074698 21480 false false true true B 3156927 3156927 63097 false false true true C 6102753 6102753 121974 false false true true D 5008862 5008862 100111 false false true true A false false false false false B false false false false false C false false false false false D false false false false false Form 990, Part VI, Section B, Line 11b THE TAX RETURNS are prepared by accountants and ARE REVIEWED BY THE BOARD MEMBERS. Form 990, Part VI, Section C, Line 18 ALL FINANCIAL STATEMENTS AND TAX RETURNS ARE OPEN FOR PUBLIC INSPECTION UPON REQUEST. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, ORGANIZATIONAL POLICIES AND FINANCIAL STATEMENTS WILL BE MADE AVAILBLE FOR PUBLIC INSPECTION UPON REQUEST. SOUTH Bx CS for INTL Culture AND ARTS 164 BRUCKNER BLVD BRONX NY 10454 202957113 CHARTER SCHOOL NY 501(C)(3) 2 N/A false false false false false true false false false false false false false false false false false false false false SOUTH Bx CS for INTL Culture AND ARTS e 8172439 Accrual