2024-05-15T23:36:52-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 821362909 FRIENDS OF BROOKLYN LABORATORY CHARTER SCHOOLS INC FRIE 8778295500 240 JAY STREET BROOKLYN NY 11201 NOAH RAFORD CHAIR 8778295500 2024-05-15 1 NOAH RAFORD 999009999 1 GARRETT M HIGGINS P00543209 2122862600 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z NOAH RADFORD 240 JAY STREET BROOKLYN NY 11201 6096630 0 X N/A X 2017 NY THE ORGANIZATION'S PURPOSE IS TO SUPPORT THE OPERATION OF BROOKLYN LABORATORY CHARTER SCHOOLS, INC. BY MANAGING THE SCHOOLS' REAL ESTATE AND FACILITIES-RELATED NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE THE CORPORATION TO PROVIDE SUPPORT TO THE SCHOOLS TO ENHANCE THE EXPERIENCE OF THE SCHOOLS' STUDENTS. 4 4 4 7 0 0 0 25000 4242987 6071630 232 0 0 0 4243219 6096630 0 0 0 0 325078 416830 0 0 21738 6523763 4839716 6848841 5256546 -2605622 840084 14337899 12319188 17115531 14255536 -2777632 -1936348 X THE ORGANIZATION'S PURPOSE IS TO SUPPORT THE OPERATION OF BROOKLYN LABORATORY CHARTER SCHOOLS, INC. BY MANAGING THE SCHOOLS' REAL ESTATE AND FACILITIES-RELATED NEEDS, AND BY RAISING FUNDS AND RESOURCES THAT WILL ENABLE THE CORPORATION TO PROVIDE SUPPORT TO THE SCHOOLS TO ENHANCE THE EXPERIENCE OF THE SCHOOLS' STUDENTS. 0 0 4614506 0 6071630 PROVIDED SUPPORT TO THE OPERATIONS OF BROOKLYN LABORATORY CHARTER SCHOOLS, INC. 4614506 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X X NOAH RADFORD 8778295500 240 JAY STREET BROOKLYN NY 11201 NOAH RAFORD CHAIR 1.00 X X 0 0 0 ROSALYN CURATO THRU 072022 TREASURER 1.00 X X 0 0 0 JEREMIAH KITTREDGE TREASURER 1.00 X X 0 0 0 KATE COCHRAN SECRETARY 1.00 X X 0 0 0 OLATOKUMBO SHOBOWALE THRU 072022 BOARD MEMBER 1.00 X 0 0 0 MARC WALLENSTEIN BOARD MEMBER 1.00 X 0 0 0 GARY WOOD THRU 072022 BOARD MEMBER 1.00 X 0 0 0 ERIC TUCKER CEO 40.00 X 91254 0 0 SHERYL GOMEZ CFOO 40.00 X 56333 0 0 147587 0 0 0 0 0 0 0 25000 25000 PROGRAM RELATED RENTAL 531120 6071630 6071630 6071630 6096630 6071630 0 0 147587 103311 36897 7379 228126 159688 57032 11406 11233 7863 2808 562 29884 20919 7471 1494 2700 2700 22500 22500 188700 169241 19382 77 17064 14764 1480 820 3968224 3571401 396823 623603 561243 62360 612 551 61 MISCELLANEOUS 16313 5525 10788 5256546 4614506 620302 21738 5933181 4194233 27556 0 130 130 0 368003 10280810 3000603 7901413 7280207 475619 476615 14337899 12319188 203226 60535 3009496 3241875 13902809 10953126 17115531 14255536 X -2823532 -1982248 45900 45900 -2777632 -1936348 14337899 12319188 X 840084 1200 X 0 0 0 X 1300806 301562 76010 0 25000 1703378 4242987 4242987 4242987 4242987 6071630 23043578 5543793 4544549 4318997 4242987 6096630 24746956 0 0 0 24746956 1648 241 232 0 2121 1648 241 232 2121 2250000 2250000 5543793 4546197 6569238 4243219 6096630 26999077 0.91660 0.89780 0.00010 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE RECOVERY REVENUE - 2020 AMOUNT: $ 2,250,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10277942 2997735 7280207 2868 2868 0 7280207 DEFERRED RENT 6955968 PAYABLE TO THE BLAB CHARTER SCHOOLS 3997158 10953126 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZAITON HAD NO COMMITTEES IN PLACE IN FISCAL YEAR 2022. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVEIWED BY MANAGEMENT. ONCE THIS REVIEW IS COMPLETED, A COMPLETE COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF TRUSTEES FOR REVIEW. ANY ISSUES RAISED BY ANY MEMBER OF THE BOARD OF TRUSTEES ARE ADDRESSED, AND ONCE RESOLVED, THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SHALL NOT ENGAGE IN ANY RELATED PARTY TRANSACTION EXCEPT AS APPROVED BY THE BOARD. IN MAKING A DETERMINATION AS TO WHETHER TO ENGAGE IN A RELATED PARTY TRANSACTION, THE BOARD MUST DETERMINE IF THE TRANSACTION IS FAIR, REASONABLE AND IN THE BEST INTERESTS OF THE ORGANIZATION (AT THE TIME OF SUCH DETERMINATION). IF AT ANY TIME DURING HIS OR HER TERM OF SERVICE, A DIRECTOR, OFFICER OR KEY EMPLOYEE HAS KNOWLEDGE THAT A RELATED PARTY HAS A FINANCIAL INTEREST OR THERE EXISTS A POTENTIAL RELATED PARTY TRANSACTION, THAT FINANCIAL INTEREST OR POTENTIAL RELATED PARTY TRANSACTION MUST BE PROMPTLY DISCLOSED IN WRITING TO EACH MEMBER OF THE BOARD, TOGETHER WITH ALL MATERIAL FACTS KNOWN TO SUCH PERSON ABOUT SUCH FINANCIAL INTEREST OR POTENTIAL RELATED PARTY TRANSACTION. DIRECTORS, OFFICERS AND KEY EMPLOYEES SHALL ALSO PROMPTLY DISCLOSE TO THE BOARD ANY OTHER POTENTIAL CONFLICT OF INTEREST THAT MAY ARISE. SUCH DISCLOSURE MUST BE MADE TO THE BOARD AS SOON AS SUCH INDIVIDUAL IS MADE AWARE OF THE POTENTIAL CONFLICT OF INTEREST. EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE SHALL ALSO ANNUALLY SIGN AND SUBMIT TO THE SECRETARY OF THE ORGANIZATION A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THIS POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZAITON MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY. FORM 990, PART XI, LINE 9: OTHER CHANGES IN BEGINNING NET ASSETS 1,200.