2020-05-19T14:36:09-05:00 2019-06-30 GRANT THORNTON LLP 757 THIRD AVENUE 4TH FLOOR NEW YORK NY 100172013 990 2018-07-01 453201480 ICAHN CHARTER SCHOOL 7 % RICHARD SANTIAGO ICAH 2127024300 767 FIFTH AVENUE SUITE 4700 Suite NEW YORK NY 10153 IRENE MARCH TREASURER 2127024300 2020-05-15 true Qi Wen Liang P00741490 2125990100 184.170.166.92 26377520201405000010 2020-05-19 P 85285106D67D06EDFF820F5FFC2BA856D01BFB4B F8E25777DF00157D73DA55E6CE52E42E1968B2B6 2018 2020-11-06 18:47:13Z GAIL GOLDEN-ICAHN 767 FIFTH AVENUE 4700 NEW YORK NY 10153 4616330 false X WWW.ICAHNCHARTERSCHOOL7.ORG X 2013 NY TO USE A RIGOROUS ACADEMIC PROGRAM TO PREPARE STUDENTS WITH SKILLS AND KNOWLEDGE TO PARTICIPATE IN RIGOROUS ACADEMIC ENVIRONMENTS AND DEVELOP A SENSE OF PERSONAL RESPONSIBILITY. 7 7 51 2 0 0 196997 243241 3660829 4343084 15556 29343 4550 662 3877932 4616330 0 0 0 0 2611853 3616240 0 0 0 949733 1216738 3561586 4832978 316346 -216648 1571744 1620520 723590 989014 848154 631506 X THE 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 9,2013. false false 4208271 4343084 THE 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. 4208271 true true false false false false false false false false true false false false true true true false true false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 51 true false false false false false false false false false false false false X 7 7 false false false false false true false true true false false true true true true true true true true false X RICHARD SANTIAGO 7187168105 1525 BROOK AVE Bronx NY 10457 X GAIL GOLDEN-ICAHN CHAIRPERSON/PRESIDENT 1.0 7.0 X X 0 0 0 SEYMOUR FLIEGEL TRUSTEE 1.0 7.0 X 0 0 0 ROBERT SANCHO TRUSTEE 1.0 6.0 X 0 0 0 KAREN MANDELBAUM TRUSTEE 1.0 6.0 X 0 0 0 EDWARD J SHANAHAN TRUSTEE 1.0 7.0 X 0 0 0 ANGELA TORRESthru 1118 TRUSTEE/PARENT REPRESENTATIVE 1.0 0.0 X 0 0 0 DIANE FELLOWS TRUSTEE/SECRETARY 1.0 7.0 X X 0 0 0 Leslie Irizarryas of 1118 TRUSTEE/PARENT REPRESENTATIVE 1.0 0.0 X 0 0 0 IRENE MARCH TREASURER 1.0 6.0 X 0 0 0 JEFFREY LITT SUPERINTENDENT 8.0 52.0 X 0 461619 11000 DANIEL GARCIA DEPUTY SUPERINTENDENT 8.0 52.0 X 0 288465 11000 RICHARD SANTIAGO DEPY SUPERINTENDENT OF FINANCE 8.0 52.0 X 0 304952 35275 NAUDIA M FORBES PRINCIPAL 40.0 0.0 X 156091 0 22704 DAWN N STARKS STAFF DEVELOPER 40.0 0.0 X 120215 0 7207 276306 1055036 87186 2 false true false 0 243241 243241 STATE & LOCAL STATUTORY STUDENT FUNDING 900099 4343084 4343084 0 0 4343084 29343 29343 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISC. INCOME 900099 662 0 0 662 662 4616330 4343084 0 30005 0 0 0 0 154800 154800 2844397 2389758 454639 0 67423 48918 18505 315224 304354 10870 234396 234396 0 245 209 36 33867 28911 4956 0 0 0 14552 13345 1207 16623 14190 2433 402460 328601 73859 173374 148002 25372 0 0 19960 17039 2921 0 0 3045 2599 446 0 155900 139019 16881 42611 36375 6236 STAFF DEVELOPMENT 199088 199088 0 0 STUDENT SERVICES 131189 131189 0 0 BANK SERVICE CHARGE 6230 0 6230 0 REPAIRS AND MAINTENANCE 17594 17478 116 0 4832978 4208271 624707 0 0 0 1130182 1053990 130388 133363 19840 13531 0 0 0 0 0 0 0 0 37728 32815 1243916 884917 181100 358999 0 0 0 0 0 0 0 0 72506 27822 1571744 1620520 627703 786023 0 0 81205 95937 0 0 0 0 0 0 0 0 0 0 14682 107054 723590 989014 X 848154 631506 0 0 0 0 848154 631506 1571744 1620520 -216648 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 946850 683574 263276 297066 201343 95723 358999 0 OBLIGATIONS UNDER CAPITAL LEASE 107054 107054 X 4843029 226699 226699 4616330 4616330 5059677 226699 226699 4832978 4832978 FIN 48 FOOTNOTE - 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 LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. true true false true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE ICAHN CHARTER SCHOOL 7 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 7 RECEIVES FINANCIAL ASSISTANCE FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION AND THE UNITED STATES DEPARTMENT OF EDUCATION. X X false false false false false false false true false JEFFREY LITT SUPERINTENDENT 0 357768 0 100000 0 3851 0 11000 0 0 0 472619 0 0 DANIEL GARCIA DEPUTY SUPERINTENDENT 0 231179 0 55000 0 2286 0 11000 0 0 0 299465 0 0 RICHARD SANTIAGO DEPY SUPERINTENDENT OF FINANCE 0 239682 0 65000 0 270 0 11000 0 24275 0 340227 0 0 NAUDIA M FORBES PRINCIPAL 135990 0 20000 0 101 0 7895 0 14809 0 178795 0 0 0 SCHEDULE J NON-FIXED PAYMENTS-PART, LINE 7 The Icahn Charter School 1 and 7 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 2018, the following individuals reported on the Form 990 received bonuses: Jeffrey Litt, Daniel Garcia, Richard Santiago and Naudia Forbes. GOVERNING BODY ELECTIONS - PART VI, SECTION A, LINE 7A The Charter Schools 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 Schools Parents Association and must be designated by the Association to be its representative. This Parent Representative to the Board has voting rights. 990 REVIEW - PART VI, LINE 11 The Charter Schools Form 990 is prepared by a nationally recognized independent accounting firm in conjunction with the Schools 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. CONFLICT OF INTEREST POLICY - 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. COMPENSATION REVIEW PROCESS - PART VI, LINE 15A AND LINE 15B 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. PUBLIC INFORMATION DISCLOSURE - PART VI, LINE 19 The Charter Schools 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 Schools audited financial statements can be found on the authorizors website. REPORTABLE COMPENSATION - 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 7 IS AS FOLLOWS: JEFFREY LITT - $59,457 DANIEL GARCIA - $37,154 RICHARD SANTIAGO - $39,278 FOUNDATION FOR A GREATER OPPORTUNITY 767 FIFTH AVENUE SUITE 4700 NEW YORK NY 10153 133913393 SUPPORT DE 501(C)(3) PF na false ICAHN CHARTER SCHOOL 1 767 FIFTH AVENUE SUITE 4700 NEW YORK NY 10153 134166657 SCHOOL NY 501(C)(3) 2 na false ICAHN CHARTER SCHOOL 2 767 FIFTH AVENUE SUITE 4700 NEW YORK NY 10153 205816198 SCHOOL NY 501(C)(3) 2 na false ICAHN CHARTER SCHOOL 3 767 FIFTH AVENUE SUITE 4700 NEW YORK NY 10153 262271604 SCHOOL NY 501(C)(3) 2 na false ICAHN CHARTER SCHOOL 4 767 FIFTH AVENUE SUITE 4700 NEW YORK NY 10153 264674992 SCHOOL NY 501(C)(3) 2 na false ICAHN CHARTER SCHOOL 5 767 FIFTH AVENUE SUITE 4700 NEW YORK NY 10153 900606791 SCHOOL NY 501(C)(3) 2 na false ICAHN CHARTER SCHOOL 6 767 FIFTH AVENUE SUITE 4700 NEW YORK NY 10153 453201374 SCHOOL NY 501(C)(3) 2 na false false false false false false false false false false false true false false false true false false false false