2025-04-28T15:46:04-05:00 2024-06-30 223008776 HAEFELE FLANAGAN & CO PC 1000 S LENOLA ROAD MAPLE SHADE NJ 08052 990 2023-07-01 943456074 BRAZO DE ORO CHILDREN'S FOUNDATION BRAZ 8565051300 1840 TORRESDALE AVE PHILADELPHIA PA 19124 ARLENE HOLTZ SECRETARY 8565051300 2025-04-24 1 1 DAVID J GILL JR P00935081 8567225300 2023 2025-03-06 01:10:19Z ARLENE HOLTZ 1840 TORRESDALE AVE PHILADELPHIA PA 19124 3594983 0 X N/A X 2008 PA THE ORGANIZATION'S MISSION IS TO SUPPORT THE HEALTH, WELFARE, AND EDUCATIONAL INTERESTS OF MARIANA BRACETTI ACADEMY CHARTER SCHOOL (THE "SCHOOL"), A PENNSYLVANIA NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501C3 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED 4 4 0 0 0 0 0 0 3208917 3409482 231658 185501 0 0 3440575 3594983 0 0 0 0 0 0 0 0 0 3487245 4018519 3487245 4018519 -46670 -423536 45390393 43528308 47592686 46154137 -2202293 -2625829 X THE ORGANIZATION'S MISSION IS TO SUPPORT THE HEALTH, WELFARE, AND EDUCATIONAL INTERESTS OF MARIANA BRACETTI ACADEMY CHARTER SCHOOL (THE "SCHOOL"), A PENNSYLVANIA NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501C3 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED 0 0 3974482 3409482 ORGANIZATION OWNS AND LEASES PROPERTY TO MARIANA BRACETTI ACADEMY CHARTER SCHOOL, A NOT-FOR-PROFIT ENTITY (EIN 23-3048397) 3974482 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X SANTILLI & THOMSON LLC 8565051300 601 ROUTE 73 NORTH MARLTON NJ 08053 X ARLENE HOLTZ SECRETARY 1.00 X X 0 0 0 ALEJANDRO ROMAN CHAIRMAN 1.00 X X 0 0 0 ERIN HIRSH BOARD MEMBER 1.00 X 0 0 0 TRACY-ELIZABETH CLAY VICE CHAIRPERSON 1.00 X X 0 0 0 0 0 0 0 0 0 0 BSI CONSTRUCTION LLC 735 BIRCH AVE BENSALEM PA 19020 CONSTRUCTION 2453332 1 RENTAL INCOME 531120 3409482 3409482 3409482 185501 185501 3594983 3409482 0 185501 23552 23552 11500 11500 3950 3950 2102203 2102203 1648626 1648626 174703 174703 REPAIRS AND MAINTENANCE 48950 48950 BANK FEES 5035 5035 4018519 3974482 44037 0 2487961 377624 3327580 3409771 37758 37758 47582621 9585866 37924280 37996755 1612814 1706400 45390393 43528308 925394 405246 36879438 36380385 9787854 9368506 47592686 46154137 X -2202293 -2625829 -2202293 -2625829 45390393 43528308 -423536 0 X X 0 1 X 1 0 X X 1 MARIANA BRACETTI ACADEMY CHARTER SCHOOL 233048397 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 344068 344068 3100586 1336267 1764319 44137967 8249599 35888368 37996755 ACCRUED INTEREST 86982 PREPAID RENT 7772222 DUE TO RELATED PARTIES 1509302 9368506 X 3594983 0 3594983 0 3594983 4018519 0 4018519 0 4018519 PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE COMMONWEALTH OF PENNSYLVANIA ALSO RECOGNIZES THE FOUNDATION AS TAX-EXEMPT. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES, AND DISCLOSURES REQUIRED. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2023, 2022, AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED. SCH D, PAGE 3, PART X, LINE 2 THE COMPANY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE COMMONWEALTH OF PENNSYLVANIA ALSO RECOGNIZES THE COMPANY AS TAX-EXEMPT. THE COMPANY FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES, AND DISCLOSURES REQUIRED. THE COMPANY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COMPANY'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2023, 2022, AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY THREE YEARS AFTER THEY WERE FILED. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71780CAE0 2020-07-10 17000000 TO REFINANCE BONDS USED IN PURCHASE AND RENOVATE SCHOOL BUILDING 0 1 0 B PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71780CAG5 2020-07-10 12170000 TO REFINANCE BONDS USED IN PURCHASE AND RENOVATE SCHOOL BUILDING 0 1 0 C PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71780CAF7 2020-07-10 12545000 TO REFINANCE BONDS USED IN PURCHASE AND RENOVATE SCHOOL BUILDING 0 1 0 A 17000000 0 0 1 1 B 12455000 0 0 1 1 C 12545000 0 1 1 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 FORM 990, PART VI, SECTION A, LINE 3 SANTILLI & THOMSON LLC PROCESSES ACCOUNTS PAYABLE, PREPARES BUDGETS AND FINANCIAL STATEMENTS AND ASSISTS WITH THE ANNUAL AUDITS AND TAX RETURNS FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES WILL REVIEW WITH THE BUSINESS MANAGER PRIOR TO FILING THE FORM 990 FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION REVIEWS STATEMENTS OF FINANCIAL INTEREST THAT ARE FILED BY EACH BOARD MEMBER ON AN ANNUAL BASIS FOR ANY POTENTIAL CONFLICTS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. MARIANA BRACETTI ACADEMY CHARTER SCHOOL 1840 TORRESDALE AVE PHILADELPHIA PA 19124 233048397 SUPPORT CHARTER SCHOOL IN PROVIDING EDUCATION TO STUDENTS K THROUGH 12 PA 501(C)(3) LINE 2 N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 MARIANA BRACETTI ACADEMY CHARTER SCHOOL E 40435000 ACTUAL MARIANA BRACETTI ACADEMY CHARTER SCHOOL J 3409482 ACTUAL MARIANA BRACETTI ACADEMY CHARTER SCHOOL E 1509302 ACTUAL MARIANA BRACETTI ACADEMY CHARTER SCHOOL E 7772222 ACTUAL MARIANA BRACETTI ACADEMY CHARTER SCHOOL E 1706400 ACTUAL