2021-05-17T18:21:04-05:00 2020-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-07-01 821362909 FRIENDS OF BROOKLYN LABORATORY CHARTER SCHOOLS INC FRIE 8778295500 240 JAY STREET BROOKLYN NY 11201 ERIC TUCKER EXECUTIVE DIRECTOR 8778295500 2021-05-17 1 GARRETT M HIGGINS P00543209 9143818900 2021-05-17 2019 2022-09-23 18:48:47Z ERIC TUCKER 240 JAY STREET BROOKLYN NY 11201 4546197 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. 6 6 1 8 0 0 1300806 301562 4242987 4242987 0 1648 0 0 5543793 4546197 0 0 0 0 0 121889 0 0 6323 4636380 5406277 4636380 5528166 907413 -981969 13911659 14950559 13565842 15586711 345817 -636152 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 4947533 4242987 PROVIDED SUPPORT TO THE OPERATIONS OF BROOKLYN LABORATORY CHARTER SCHOOLS, INC. 4947533 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 1 8 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X X MIKE BAUR 8778295500 240 JAY STREET BROOKLYN NY 11201 X MIKE BAUR CHAIR (THRU 10/11/19) 1.00 X X 0 0 0 NOAH RAFORD CHAIR 1.00 X X 0 0 0 ROSALYN CURATO TREASURER 1.00 X X 0 0 0 KATE COCHRAN SECRETARY 1.00 X X 0 0 0 ERIN MOTE BOARD MEMBER (THRU 10/11/19) 1.00 X 0 0 0 OLATOKUMBO SHOBOWALE BOARD MEMBER 1.00 X 0 0 0 ERIC TUCKER BOARD MEMBER 2.00 X 0 0 0 GARY WOOD BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 31562 270000 301562 PROGRAM RELATED RENTAL 531120 4242987 4242987 4242987 1648 1648 4546197 4242987 0 1648 102473 78933 19623 3917 10368 7258 2592 518 9048 6334 2262 452 16805 16805 15000 15000 309516 297143 12129 244 193063 184388 8675 26400 19806 5494 1100 3599789 3239810 359979 597299 537569 59730 622267 560040 62227 1845 1661 92 92 MISCELLANEOUS 23979 14277 9702 STAFF DEVELOPMENT 314 314 5528166 4947533 574310 6323 3499468 1217759 241137 120000 959157 319719 10269492 1129703 9529687 9139789 882504 2952998 13911659 14950559 117897 74513 7324349 7449064 6123596 8063134 13565842 15586711 X -554989 -1223899 900806 587747 345817 -636152 13911659 14950559 -981969 0 X 0 1 X 0 0 X 1300806 301562 1602368 1300806 301562 1602368 1454566 147802 1648 1648 1604016 9616773 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10267823 1129425 9138398 1669 278 1391 9139789 SECURITY DEPOSIT 319719 DUE FROM BLAB 68034 DEFERRED RENT 2565245 2952998 DEFERRED RENT 6113415 PAYABLE TO THE BLAB CHARTER SCHOOLS 1949719 8063134 X 4546197 0 4546197 0 4546197 5528166 0 5528166 0 5528166 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ALL RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS. FORM 990, PART VI, SECTION A, LINE 2 ERIN MOTE AND ERIC TUCKER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZAITON HAD NO COMMITTEES IN PLACE IN FISCAL YEAR 2020. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. 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, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY.