2020-07-15T17:45:56-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 821362909 FRIENDS OF BROOKLYN LABORATORY CHARTER SCHOOLS INC FRIE 8778295500 240 JAY STREET BROOKLYN NY 11201 ERIC TUCKER EXECUTIVE DIRECTOR 8778295500 2020-07-15 1 GARRETT M HIGGINS P00543209 2122862600 2020-07-15 68.175.34.111 2020-07-15 17:29:18 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B29914CEB47F2C50F9800CDE5B5AE22990D509AB 2018 2021-01-29 14:40:06Z ERIC TUCKER 240 JAY STREET BROOKLYN NY 11201 5543793 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. 5 5 0 5 0 0 0 1300806 1130799 4242987 0 0 0 0 1130799 5543793 0 0 0 0 0 0 0 0 1190 1734233 4636380 1734233 4636380 -603434 907413 5421672 14560970 6025106 14256990 -603434 303980 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 4112598 4242987 PROVIDED SUPPORT TO THE OPERATIONS OF BROOKLYN LABORATORY CHARTER SCHOOLS, INC. 4112598 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X MIKE BAUR 8778295500 240 JAY STREET BROOKLYN NY 11201 X MIKE BAUR CHAIR 1.00 X X 0 0 0 TOKUMBO SHOBOWALE SECRETARY 1.00 X X 0 0 0 ROSALYN CURATO TREASURER 1.00 X X 0 0 0 ERIN MOTE BOARD MEMBER 1.00 X 0 0 0 ERIC TUCKER EXECUTIVE DIRECTOR, BOARD MEMBER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 1300806 1300806 PROGRAM RELATED RENTAL 531120 4242987 4242987 4242987 5543793 4242987 0 0 23973 23973 46613 3392 42090 1131 6754 6079 675 971 864 59 48 3522141 3169927 352214 494059 444653 49406 541644 487480 54164 225 203 11 11 4636380 4112598 522592 1190 800 3499468 0 5000 10715642 541644 5101153 10173998 319719 882504 5421672 14560970 4617467 878970 0 7254424 1407639 6123596 6025106 14256990 X -603434 -596826 0 900806 -603434 303980 5421672 14560970 907413 1 0 X 0 1 X 0 0 X 1300806 1300806 1300806 1300806 1248774 52032 1300806 5373786 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10715642 541644 10173998 10173998 SECURITY DEPOSIT 319719 DUE FROM BLAB 562785 882504 DEFERRED RENT 3303877 PAYABLE TO THE BLAB CHARTER SCHOOLS 2819719 6123596 X 5543793 0 5543793 0 5543793 4636380 0 4636380 0 4636380 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 2019. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT FOR APPROVAL. IF CHANGES ARE REQUIRED, MANAGEMENT WILL THEN FORWARD THESE CHANGES TO THE AUDIT FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO BOARD MEMBERS PRIOR TO SUBMISSION TO 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.