ICAHN CHARTER SCHOOL 3: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ICAHN CHARTER SCHOOL 3 (EIN 26-2271604)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-04-11
- IRS object ID
- 202431029349300013
- Schema version
- 2022v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-11T10:18:31-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262271604 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ICAHN CHARTER SCHOOL 3 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ICAH | BusinessNameControlTxt |
| Phone | 7188280034 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 PELHAM PARKWAY SOUTH | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10461 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD SANTIAGO | PersonNm |
| Person Title | DEP. SUPERINTENDENT OF FINANCE | PersonTitleTxt |
| Phone | 7188280034 | PhoneNum |
| Signature | 2024-04-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD | PersonFirstNm |
| Person Last | SANTIAGO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT THOMPSETT | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GAIL GOLDEN-ICAHN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16690 COLLINS AVE PH-1 | AddressLine1Txt |
| City | SUNNY ISLES BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33160 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,675,174 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ICAHNCHARTERSCHOOL3.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2008 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE STUDENTS TO PARTICIPATE IN A RIGOROUS ACADEMIC ENVIRONMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 68 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,019,980 | PYContributionsGrantsAmt |
| CY Contributions Grants | $710,325 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,128,240 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,784,050 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,144 | PYInvestmentIncomeAmt |
| CY Investment Income | $179,757 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,790 | PYOtherRevenueAmt |
| CY Other Revenue | $1,042 | CYOtherRevenueAmt |
| PY Total Revenue | $6,158,154 | PYTotalRevenueAmt |
| CY Total Revenue | $6,675,174 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,049,869 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,498,174 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,389,653 | PYOtherExpensesAmt |
| CY Other Expenses | $2,193,457 | CYOtherExpensesAmt |
| PY Total Expenses | $6,439,522 | PYTotalExpensesAmt |
| CY Total Expenses | $6,691,631 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$281,368 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$16,457 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,354,519 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,145,175 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,563,084 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,445,121 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,791,435 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,700,054 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OTHE CENTRAL MISSION OF THE CHARTER SCHOOL, USING THE CORE KNOWLEDGE CURRICULUM DEVELOPED BY E.D. HIRSCH, IS TO PROVIDE STUDENTS WITH A RIGOROUS ACADEMIC PROGRAM OFFERED IN AN EXTENDED DAY/YEAR SETTING. STUDENTS ARE EXPECTED TO GRADUATE ARMED WITH THE SKILLS AND KNOWLEDGE TO PARTICIPATE SUCCESSFULLY IN THE MOST RIGOROUS ACADEMIC ENVIRONMENTS AND HAVE A SENSE OF PERSONAL AND COMMUNITY RESPONSIBILITY. THE CHARTER SCHOOL IS COEDUCATIONAL AND NONSECTARIAN AND COMMENCED INSTRUCTION ON SEPTEMBER 2008. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,795,091 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $5,784,050 | RevenueAmt |
| Desc | SEE SCHEDULE OTHE ICAHN CHARTER SCHOOL PROVIDES A COMPREHENSIVE K-8 PUBLIC EDUCATION BASED ON E.D. HIRSCH'S CORE KNOWLEDGE SEQUENCE, A NATIONALLY RECOGNIZED CURRICULUM BASED ON THE CONCEPT THAT EVERY CHILD SHOULD BE EQUIPPED WITH A CORE FOUNDATION OF KNOWLEDGE AND SKILLS SO THAT THEY ARE ARMED WITH THE COMMON KNOWLEDGE BASE NECESSARY TO COMPETE IN ANY SETTING. THE CORE KNOWLEDGE FOUNDATION BELIEVES THAT WHAT DISTINGUISHES THE CORE KNOWLEDGE SEQUENCE FROM OTHER CURRICULUM GUIDES IS THAT THE SEQUENCE EMBODIES THREE ESSENTIAL QUALITIES OVERLOOKED BY OTHER GUIDES. THE CORE KNOWLEDGE SEQUENCE IN ALL SUBJECT AREAS IS (1) CONTENT-SPECIFIC, (2) CUMULATIVE, AND (3) COHERENT. THE SCHOOL'S CURRICULUM IN ELA & MATH IS COMPRISED OF THE FOLLOWING:- THE ENGLISH LANGUAGE ARTS PROGRAM USES DIRECT, EXPLICIT, SYSTEMATIC AND SEQUENTIAL PHONICS INSTRUCTION AND DECODABLE LITERATURE TO PROMOTE EARLY READING SUCCESS THAT TAKES OUR STUDENTS FROM LEARNING TO READ, TO READING TO LEARN EXPERIENCES. STUDENTS ENGAGE IN INTERACTIVE READ ALOUDS, SCAFFOLDED CLOSE READING WITH COMPLEX TEXT THAT LEADS THEM TO INDEPENDENCE, LITERATURE CIRCLES AND HAVE A PLETHORA OF OPPORTUNITIES AND RESOURCES TO READ AWARD-WINNING FICTION AND NON-FICTION LITERATURE, BOTH CURRENT AND CLASSICAL THAT IS EXPLORED THROUGH AN ABUNDANCE OF PRINT AND DIGITAL RESOURCES.- THE MATHEMATICS PROGRAM SEQUENCE PROVIDES A RIGOROUS CURRICULUM THAT COVERS UNITS BEYOND THE CONVENTIONAL CURRICULUM AND IS AN INTEGRAL PART OF THE INSTRUCTIONAL PROGRAM. A VARIETY OF APPROACHES ARE USED SUCH AS MATH WORKSHOP, NUMBER SENSE, CONTEXTS FOR LEARNING AND COGNITIVELY GUIDED INSTRUCTION. THE APPROACHES ARE ENHANCED WITH THE USE OF COMMERCIALLY PRODUCED MATH PROGRAMS: ENVISION MATH, EUREKA MATH MODULES, AND I-READY. MATH IS ADDITIONALLY SUPPORTED BY A SUBJECT SPECIALIST AND/OR MATH CONSULTANT. DEMONSTRATION LESSONS, INTER & INTRA VISITATION, VIDEO TAPING OF LESSONS FOR DISCUSSION AND AS STAND-ALONE MODELING, PEER COACHING, AND PROFESSIONAL DEVELOPMENT ENSURE THAT TEACHERS BENEFIT FROM THE LATEST RESEARCH ON THE TEACHING OF NOT JUST MATH BUT ALL SUBJECT MATTER.STUDENTS IN ELA & MATHEMATICS NEEDING TO STRENGTHEN THEIR SKILLS, AS DETERMINED BY BASELINE TESTING AND TEACHER JUDGMENT ARE AFFORDED SMALL GROUP INSTRUCTION FORTY MINUTES EACH DAY, FIVE DAYS A WEEK AS WELL AS ADDITIONAL INSTRUCTION THROUGH BEFORE & AFTER-SCHOOL TUTORING AND SATURDAY ACADEMY.THE LEARNING AND INTEGRATION OF SCIENCE, TECHNOLOGY, ENGINEERING, THE ARTS AND MATHEMATICS IN OUR STEAM PROGRAM IS USED AS ACCESS POINTS FOR GUIDING STUDENT INQUIRY, DIALOGUE, AND CRITICAL THINKING AROUND CONTENT KNOWLEDGE. THE ICAHN STEAM PROGRAM PROVIDES A STRONG FOUNDATION OF INTEGRATION AT ITS CORE, WHICH MEANS THAT EACH OF THE AFOREMENTIONED CURRICULAR AREAS IS BOTH TAUGHT IN ITS' OWN RIGHT, AS WELL AS CONNECTED THROUGH COMMON CORE STANDARDS AND ASSESSMENTS.SOCIAL STUDIES & SCIENCE ARE AN INTEGRAL PART OF THE IMPLEMENTATION OF E.D. HIRSH'S CORE KNOWLEDGE CURRICULUM. THE ICAHN STUDENTS, THROUGH PROJECT-BASED LEARNING AND HANDS-ON EXPERIMENTS, LEARN THE IMPORTANCE OF SOCIAL STUDIES & SCIENCE IN THEIR DAILY LIVES AND IN THEIR FUTURE. WITH ONE-ON-ONE COMPUTING IN PLACE IT CAN BE SAID THAT TECHNOLOGY, CODING, AND ROBOTICS ARE WEAVED THROUGH ALL ASPECTS OF THE TEACHING/LEARNING STUDENT EXPERIENCE AT ICAHN.IN A CORE KNOWLEDGE SOCIAL STUDIES CLASS STUDENTS IN EARLY CHILDHOOD BEGIN TO LEARN AND DISCUSS AND EXPLORE TOPICS ABOUT THE EARTH'S CONTINENTS & OCEANS, ANCIENT GREECE AND ROME, EXPLORATION, COLONIALISM, SLAVERY, ETC. AN EMPHASIS IS PLACED ON MULTICULTURALISM THROUGHOUT THE CURRICULUM. THE SOCIAL STUDIES SUBJECT MATTER AS IS ALL SUBJECT CONTENT TO VARYING DEGREES IS ENHANCED BY THE USE OF TECHNOLOGY, GUIDED VIRTUAL TRIPS, PROJECT-BASED LEARNING, DEBATES, GUEST SPEAKERS, VISITING AUTHORS, TRIPS TO MUSEUMS AND HISTORICAL SITES IN NEW YORK AND OUTSIDE OF NEW YORK.CLASSICAL AND CONTEMPORARY ART AND MUSIC ARE STUDIED AND ENHANCED THROUGH THE CORE KNOWLEDGE AND IS SEEN AS AN ESSENTIAL PART OF THE KNOWLEDGE ALL CHILDREN SHOULD LEARN. INSTRUCTION IN THE ARTS TAKES ON MANY FORMS AS OPPORTUNITIES IN THE CLASSROOM TO SING, DANCE, LISTEN TO MUSIC, PLAY ACT, READ & WRITE POETRY, DRAW, PAINT, AND MAKE THINGS. THE STUDENTS ARE EXPOSED TO FINE PAINTINGS, GREAT MUSIC, THEATER, CONCERTS, AND OTHER INSPIRING EXAMPLES OF ART. CLASSICAL AND CONTEMPORARY ART AND MUSIC ARE FURTHER REINFORCED, STUDIED, AND ENHANCED THROUGH THE USE OF ART & MUSIC CONSULTANTS, ATTENDANCE AT LIVE PERFORMANCES ON THE SCHOOL CAMPUS AND OFF, DISPLAYS OF STUDENT VISUAL ARTWORK, BALLROOM DANCE PERFORMANCES, & MANY STUDENT PERFORMANCES SUCH AS SHAKESPEARE'S A MIDSUMMER NIGHTS DREAM OR ROMEO & JULIET. | Desc |
| Total Program Service Expenses | $5,795,091 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 68 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD SANTIAGO | PersonNm |
| Phone | 7188280034 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 PELHAM PARKWAY SOUTH | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10461 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| GAIL GOLDEN-ICAHN | ||||||||||
| CHAIRPERSON/PRESIDENT | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| DIANE FELLOWS | ||||||||||
| TRUSTEE | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||||
| SEYMOUR FLIEGEL | ||||||||||
| TRUSTEE | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||||
| KAREN MANDELBAUM | ||||||||||
| TRUSTEE | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||||
| CLAUDIA GOMEZ | ||||||||||
| TRUSTEE/PARENT REP. (AS OF 11/2022) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT SANCHO | ||||||||||
| TRUSTEE (THRU 06/2023) | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||||
| EDWARD J SHANAHAN | ||||||||||
| TRUSTEE | 1.00 | 6.00 | Yes (X) | $0 | $0 | $0 | ||||
| YOCASTA RIVAS | ||||||||||
| TRUSTEE/PARENT REP. (THRU 08/2022) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD SANTIAGO - DEPUTY | ||||||||||
| SUPERINTENDENT OF FINANCE/TREASURER | 9.00 | 52.00 | Yes (X) | $0 | $458,650 | $47,575 | ||||
| EDWARD TOM | ||||||||||
| SUPERINTENDENT | 9.00 | 52.00 | Yes (X) | $0 | $483,696 | $49,224 | ||||
| YALITZA VASQUEZ - SECRETARY | ||||||||||
| ASST. SUPERINTENDENT (AS OF 05/2022) | 9.00 | 52.00 | Yes (X) | $0 | $214,234 | $17,963 | ||||
| KAITLYN O'CONNOR - PRINCIPAL | ||||||||||
| (AS OF 09/2022)/ICS 1 TEACHER | 40.00 | 0.00 | Yes (X) | $55,185 | $173,900 | $26,564 | ||||
| MARCIA GLATTSTEIN | ||||||||||
| PRINCIPAL (THRU 08/2022) | 40.00 | 0.00 | $197,450 | $0 | $0 | Yes (X) | ||||
| JHOANA HERAS-CAMPOS | ||||||||||
| COUNSELOR | 38.00 | 0.00 | $119,836 | $0 | $40,519 | Yes (X) | ||||
| MARYELLEN ROTTLER | ||||||||||
| LIBRARIAN | 38.00 | 0.00 | $129,311 | $0 | $18,584 | Yes (X) | ||||
| JEFFREY LITT | ||||||||||
| FORMER SUPERINTENDENT | 0.00 | 0.00 | $0 | $394,229 | $947 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $501,782 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,724,709 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $201,376 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CLUB X YOUTHNIVERSITY INC | |||||
| 121-16 97TH AVE S RICHMOND HILL | NEW YORK | NY | 11419 | TUTORING SERVICES | $168,000 |
| TEACHING MATTERS INC | |||||
| 475 RIVERSIDE DR STE 1600 | NEW YORK | NY | 10115 | EDUCATIONAL SERVICES | $101,160 |
| THE LAVINIA GROUP LLC | |||||
| 2085 DODD ROAD STE 200 | EAGAN | MN | 55121 | EDUCATIONAL SERVICES | $100,179 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $656,778 | GovernmentGrantsAmt |
| All Other Contributions | $53,547 | AllOtherContributionsAmt |
| Total Contributions | $710,325 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STUDENT TUITION | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $5,784,050 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,784,050 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,784,050 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $179,757 | TotalRevenueColumnAmt |
| Exclusion | $179,757 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,042 | TotalRevenueColumnAmt |
| Exclusion | $1,042 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,042 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,675,174 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,784,050 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $180,799 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $446,389 | TotalAmt |
| Program Services | $446,389 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,863 | TotalAmt |
| Program Services | $51,863 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,155,519 | TotalAmt |
| Program Services | $2,582,370 | ProgramServicesAmt |
| Management And General | $573,149 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,039 | TotalAmt |
| Program Services | $110,901 | ProgramServicesAmt |
| Management And General | $21,138 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,074 | TotalAmt |
| Program Services | $378,451 | ProgramServicesAmt |
| Management And General | $66,623 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,290 | TotalAmt |
| Program Services | $228,449 | ProgramServicesAmt |
| Management And General | $38,841 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,525 | TotalAmt |
| Program Services | $3,086 | ProgramServicesAmt |
| Management And General | $439 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,364 | TotalAmt |
| Program Services | $42,346 | ProgramServicesAmt |
| Management And General | $6,018 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,888 | TotalAmt |
| Program Services | $58,783 | ProgramServicesAmt |
| Management And General | $1,105 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,753 | TotalAmt |
| Program Services | $14,669 | ProgramServicesAmt |
| Management And General | $2,084 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $258,361 | TotalAmt |
| Program Services | $208,600 | ProgramServicesAmt |
| Management And General | $49,761 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,597 | TotalAmt |
| Program Services | $169,508 | ProgramServicesAmt |
| Management And General | $24,089 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,308 | TotalAmt |
| Program Services | $88,702 | ProgramServicesAmt |
| Management And General | $12,606 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,897 | TotalAmt |
| Program Services | $19,049 | ProgramServicesAmt |
| Management And General | $8,848 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,031 | TotalAmt |
| Program Services | $704 | ProgramServicesAmt |
| Management And General | $327 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,966 | TotalAmt |
| Program Services | $338,471 | ProgramServicesAmt |
| Management And General | $31,495 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,401 | TotalAmt |
| Program Services | $109,797 | ProgramServicesAmt |
| Management And General | $15,604 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT SERVICES | $416,828 | $416,828 | |
| REPAIRS AND MAINTENANCE | $329,477 | $288,480 | $40,997 |
| STAFF DEVELOPMENT | $230,290 | $230,290 | |
| BANK SERVICE CHARGES | $8,738 | $5,967 | $2,771 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,033 | TotalAmt |
| Program Services | $1,388 | ProgramServicesAmt |
| Management And General | $645 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,691,631 | TotalAmt |
| Program Services | $5,795,091 | ProgramServicesAmt |
| Management And General | $896,540 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,035,611 | BOYAmt |
| EOY | $5,006,334 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $745,238 | BOYAmt |
| EOY | $791,851 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,149 | BOYAmt |
| EOY | $117,596 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,368 | BOYAmt |
| EOY | $25,455 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,939,288 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,007,056 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,157,212 | BOYAmt |
| EOY | $5,932,232 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $290,941 | BOYAmt |
| EOY | $271,707 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,354,519 | BOYAmt |
| EOY | $12,145,175 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,483,204 | BOYAmt |
| EOY | $1,390,169 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,759 | BOYAmt |
| EOY | $34,683 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,121 | BOYAmt |
| EOY | $20,269 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,563,084 | BOYAmt |
| EOY | $1,445,121 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,995,137 | BOYAmt |
| EOY | $5,125,978 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,796,298 | BOYAmt |
| EOY | $5,574,076 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,791,435 | BOYAmt |
| EOY | $10,700,054 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,354,519 | BOYAmt |
| EOY | $12,145,175 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$16,457 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$74,924 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $416,667 | OtherCostOrOtherBasisAmt |
| Book Value | $416,667 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,250,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,024,305 | DepreciationAmt |
| Book Value | $5,225,695 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,692,863 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,532,701 | DepreciationAmt |
| Book Value | $160,162 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $579,758 | OtherCostOrOtherBasisAmt |
| Depreciation | $450,050 | DepreciationAmt |
| Book Value | $129,708 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,932,232 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OBLIGATIONS UNDER CAPITAL LEASE | Desc |
| Amt | $20,269 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $20,269 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,675,174 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,675,174 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,675,174 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,766,555 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $74,924 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $74,924 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,691,631 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,691,631 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CHARTER SCHOOL FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE CHARTER SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE CHARTER SCHOOL HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE CHARTER SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IN ADDITION, THE CHARTER SCHOOL HAS NOT RECORDED A PROVISION FOR INCOME TAXES AS IT HAS NO MATERIAL TAX LIABLITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | WRITE-OFF OF UNCOLLECTIBLE PLEDGES 74,924. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE ICAHN CHARTER SCHOOL 3 IS A PUBLIC SCHOOL. PUBLIC SCHOOLS ARE NOT REQUIRED TO COMPLY WITH REVENUE PROCEDURE 75-50. |
| SCHEDULE E, PART I, LINE 6 | THE ICAHN CHARTER SCHOOL 3 RECEIVES FINANCIAL ASSISTANCE FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION, UNIVERSAL SERVICE ADMINISTRATION COMPANY, AND THE UNITED STATES DEPARTMENT OF EDUCATION. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDWARD TOM | ||||||||||||||
| SUPERINTENDENT | $0 | $358,266 | $0 | $125,000 | $0 | $430 | $0 | $15,250 | $0 | $33,974 | $0 | $532,920 | $0 | $0 |
| RICHARD SANTIAGO - DEPUTY | ||||||||||||||
| SUPERINTENDENT OF FINANCE/TREASURER | $0 | $333,220 | $0 | $125,000 | $0 | $430 | $0 | $15,250 | $0 | $32,325 | $0 | $506,225 | $0 | $0 |
| JEFFREY LITT | ||||||||||||||
| FORMER SUPERINTENDENT | $0 | $18,944 | $0 | $0 | $0 | $375,285 | $0 | $947 | $0 | $0 | $0 | $395,176 | $0 | $0 |
| KAITLYN O'CONNOR - PRINCIPAL | ||||||||||||||
| (AS OF 09/2022)/ICS 1 TEACHER | $55,168 | $111,319 | $0 | $62,500 | $17 | $81 | $2,780 | $8,395 | $3,929 | $11,460 | $61,894 | $193,755 | $0 | $0 |
| YALITZA VASQUEZ - SECRETARY | ||||||||||||||
| ASST. SUPERINTENDENT (AS OF 05/2022) | $0 | $164,123 | $0 | $50,000 | $0 | $111 | $0 | $7,260 | $0 | $10,703 | $0 | $232,197 | $0 | $0 |
| MARCIA GLATTSTEIN | ||||||||||||||
| PRINCIPAL (THRU 08/2022) | $126,923 | $0 | $70,000 | $0 | $527 | $0 | $0 | $0 | $0 | $0 | $197,450 | $0 | $0 | $0 |
| JHOANA HERAS-CAMPOS | ||||||||||||||
| COUNSELOR | $98,785 | $0 | $21,000 | $0 | $51 | $0 | $6,538 | $0 | $33,981 | $0 | $160,355 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4A | JEFFREY LITT, FORMER SUPERINTENDENT, RECEIVED A SEVERANCE PAYMENT OF $375,000 FROM ICAHN CHARTER SCHOOL 1 IN CALENDAR YEAR 2022 FOLLOWING HIS DEPARTURE. THIS AMOUNT IS REFLECTED IN SCHEDULE J, PART II, COLUMN (B)(III). |
| PART I, LINE 7: | NON-FIXED PAYMENTS THE ICAHN CHARTER SCHOOL 3 BOARD OF DIRECTORS HAS THE DISCRETION TO ISSUE ANNUAL BONUSES TO EMPLOYEES IF CERTAIN OBJECTIVE MERIT-BASED CRITERIA ARE MET DURING THE YEAR. IN CALENDAR YEAR 2022, THE FOLLOWING INDIVIDUALS REPORTED ON THE FORM 990 RECEIVED BONUSES: EDWARD TOM, RICHARD SANTIAGO, KAITLYN O'CONNOR, YALITZA VASQUEZ, MARCIA GLATTSTEIN, AND JHOANA HERAS-CAMPOS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE CHARTER SCHOOL'S BOARD OF TRUSTEES LOOKS TO INCLUDE A PARENT OF AN ACTIVE SCHOOL STUDENT AS A PARENT REPRESENTATIVE ON THE BOARD OF TRUSTEES. THIS PARENT REPRESENTATIVE MUST BE AN OFFICER OF THE SCHOOL'S PARENTS' ASSOCIATION AND MUST BE DESIGNATED BY THE ASSOCIATION TO BE ITS REPRESENTATIVE. THIS PARENT REPRESENTATIVE TO THE BOARD HAS VOTING RIGHTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHARTER SCHOOL'S FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE SCHOOL'S FINANCIAL DEPARTMENT. THE FORM 990 IS PROVIDED TO THE FULL BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT IN ADVANCE OF ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, THE SECRETARY OF THE ORGANIZATION SENDS THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE. AFTER BEING FILLED OUT, THE QUESTIONNAIRES ARE RETURNED TO THE SECRETARY, REVIEWED, AND MAINTAINED IN THE ORGANIZATION'S RECORDS FOR THE RELEVANT YEAR. IF THE BOARD OR A COMMITTEE OF THE BOARD HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD HIM OR HER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD DETERMINES THAT THE INTERESTED PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE ACTION WHICH MAY INCLUDE RECOMMENDATION TO THE BOARD FOR REMOVAL FROM THE BOARD OR TERMINATION OF EMPLOYMENT, AS WELL AS RECONSIDERATION OF WHETHER THE TRANSACTION OR ARRANGEMENT WAS IN THE BEST INTERESTS OF AND FAIR AND REASONABLE TO THE SCHOOL AT THE TIME IT WAS UNDERTAKEN. IF IT IS DETERMINED THAT THE TRANSACTION WAS NOT FAIR AND REASONABLE TO THE SCHOOL, THE SCHOOL IN ITS DISCRETION, MAY VOID THE CONTRACT AND/OR REQUIRE THE INTERESTED PERSON TO RESTORE THE SCHOOL TO THE FINANCIAL POSITION IT WOULD HAVE BEEN IN IF SUCH PERSON HAD BEEN DEALING UNDER THE HIGHEST FIDUCIARY STANDING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION PAID TO TOP MANAGEMENT OFFICIAL, OFFICERS AND KEY EMPLOYEES IS REASONABLE BASED ON THE DUTIES AND RESPONSIBILITIES OF THE POSITIONS, THE TIME SPENT PERFORMING THEIR DUTIES, AND THEIR PERFORMANCE LEVEL. THIS IS DETERMINED BY CONDUCTING RESEARCH OF COMPENSATION FOR SIMILAR POSITIONS AT SIMILAR TYPES OF SCHOOLS. THE COMPENSATION FOR TOP MANAGEMENT OFFICIAL, OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY AND DOCUMENTED IN THE MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CHARTER SCHOOL'S FORM 990 IS MADE AVAILABLE TO THE PUBLIC ON THE INTERNET AT WWW.GUIDESTAR.ORG AND UPON REQUEST AT ITS PRIMARY PLACE OF BUSINESS. THE SCHOOL DOES NOT ORDINARILY MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE SCHOOL'S AUDITED FINANCIAL STATEMENTS CAN BE FOUND ON THE AUTHORIZOR'S WEBSITE. |
| FORM 990, PART VII, SECTION 1A, COLUMNS D & E: | THE OFFICERS AND KEY EMPLOYEES REPORTED ON PART VII OF THE FORM 990 RECEIVE THEIR W-2 FORMS FROM ICAHN CHARTER SCHOOL 1; HOWEVER, THESE INDIVIDUALS MAY PROVIDE SERVICES TO VARIOUS OTHER ICAHN CHARTER SCHOOLS (2-7) AND THEIR COMPENSATION IS ALLOCATED TO EACH OF THE CHARTER SCHOOLS BASED ON THE TIME SPENT WORKING FOR EACH SCHOOL. THE AMOUNT OF COMPENSATION ALLOCATED TO CHARTER SCHOOL 3 IS AS FOLLOWS: EDWARD TOM - $69,099 RICHARD SANTIAGO - $65,521 JEFFREY LITT - $56,318 YALITZA VASQUEZ - $54,522 |
| FORM 990, PART XI, LINE 9: | WRITE-OFF OF UNCOLLECTIBLE PLEDGES -74,924. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| THE CARL C ICAHN FOUNDATION | ||||||||||
| 16690 COLLINS AVENUE FLOOR 12 | SUNNY ISLES BEACH | FL | 33160 | 133913393 | SUPPORT | DE | 501(C)(3) | PF | N/A | 0 |
| ICAHN CHARTER SCHOOL 1 | ||||||||||
| 1500 PELHAM PARKWAY SOUTH | BRONX | NY | 10461 | 134166657 | SCHOOL | NY | 501(C)(3) | LINE 2 | N/A | 0 |
| ICAHN CHARTER SCHOOL 2 | ||||||||||
| 1500 PELHAM PARKWAY SOUTH | BRONX | NY | 10461 | 205816198 | SCHOOL | NY | 501(C)(3) | LINE 2 | N/A | 0 |
| ICAHN CHARTER SCHOOL 4 | ||||||||||
| 1500 PELHAM PARKWAY SOUTH | BRONX | NY | 10461 | 264674992 | SCHOOL | NY | 501(C)(3) | LINE 2 | N/A | 0 |
| ICAHN CHARTER SCHOOL 5 | ||||||||||
| 1500 PELHAM PARKWAY SOUTH | BRONX | NY | 10461 | 900606791 | SCHOOL | NY | 501(C)(3) | LINE 2 | N/A | 0 |
| ICAHN CHARTER SCHOOL 6 | ||||||||||
| 1500 PELHAM PARKWAY SOUTH | BRONX | NY | 10461 | 453201374 | SCHOOL | NY | 501(C)(3) | LINE 2 | N/A | 0 |
| ICAHN CHARTER SCHOOL 7 | ||||||||||
| 1500 PELHAM PARKWAY SOUTH | BRONX | NY | 10461 | 453201480 | SCHOOL | NY | 501(C)(3) | LINE 2 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |