2017-05-15T10:41:22-05:00 2016-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2015-07-01 263206518 BROOKLYN PROSPECT CHARTER SCHOOL BROO 3478897041 3002 FORT HAMILTON PARKWAY BROOKLYN NY 11218 DANIEL RUBENSTEIN EXECUTIVE DIRECTOR 3478897041 2017-05-15 1 GARRETT M HIGGINS P00543209 9143818900 2017-05-13 2015 2021-01-29 14:40:06Z DANIEL RUBENSTEIN 3002 FORT HAMILTON PARKWAY BROOKLYN NY 11218 18768053 0 X WWW.BROOKLYNPROSPECT.ORG X 2008 NY OUR SCHOOL PREPARES STUDENTS FOR SUCCESS AS GLOBAL CITIZENS. 11 11 373 50 0 0 1678096 2212807 13243349 16439365 973 1140 160348 113950 15082766 18767262 0 0 0 0 9390940 12620207 0 0 328470 4775843 4795207 14166783 17415414 915983 1351848 5258682 6824922 2419451 2633843 2839231 4191079 X SERVING KINDERGARTEN THROUGH TWELFTH GRADE, BROOKLYN PROSPECT PAIRS STUDENTS WITH EXCELLENT TEACHERS IN A COLLEGE PREPARATORY ENVIRONMENT USING THE INTERNATIONAL BACCALAUREATE PROGRAM. WE PREPARE STUDENTS TO BECOME GLOBAL CITIZENS AND HELP THEM TO DEVELOP THE LOVE OF LEARNING THAT PROVIDES THE FOUNDATION FOR LIFELONG PERSONAL AND ACADEMIC SUCCESS. 0 0 14408326 16439365 FOR THE 2015-2016 SCHOOL YEAR, WE SERVED APPROXIMATELY 922 STUDENTS IN GRADES KINDERGARTEN, FIRST, AND SIXTH THROUGH ELEVENTH. 14408326 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 31 0 373 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X HILLARY PRINCE 3478897041 3002 FORT HAMILTON PARKWAY BROOKLYN NY 11218 LUYEN CHOU BOARD CHAIR 2.00 1.00 X X 0 0 0 ANNE BURNS VICE-CHAIR 1.00 X X 0 0 0 ELIZABETH VARLEY CAMP TREASURER 1.00 X X 0 0 0 STACEY HIGHTOWER TRUSTEE 1.00 X 0 0 0 ROGER FORTUNE TRUSTEE THRU 9/22/15 1.00 X 0 0 0 PEARL ROCK KANE TRUSTEE 1.00 1.00 X 0 0 0 CANDICE OLSON TRUSTEE 1.00 X 0 0 0 DAVID VONSPRECKELSON TRUSTEE 1.00 X 0 0 0 CHRISTINE BURKE TRUSTEE 1.00 X 0 0 0 SAM KOCH TRUSTEE 1.00 X 0 0 0 KEVIN MOLE TRUSTEE 1.00 X 0 0 0 JILL INBAR TRUSTEE 1.00 X 0 0 0 DANIEL RUBENSTEIN EXECUTIVE DIRECTOR 50.00 1.00 X 185917 0 27460 HILLARY PRINCE DIRECTOR OF FINANCE 50.00 X 102746 0 20866 PENELOPE MARZULLI DEPUTY EXECUTIVE DIRECTOR 50.00 X 71702 0 10026 LANOLIA OMOWANILE PRINCIPAL, MIDDLE SCHOOL 50.00 X 121782 0 14914 482147 0 73266 3 0 1 0 TALISEN CONSTRUCTION CORPORATION 213 WEST 35TH STREET SUITE 806 NEW YORK NY 10001 CONTRACTOR 292980 REVOLUTION FOODS 50-60 PARKWAY PL EDISON NJ 08837 FOOD SERVICE 179795 LOCI ARCHITECTURE 594 BROADWAY SUITE 506 NEW YORK NY 10012 ARCHITECT 144709 3 1040069 1156813 15925 2212807 GOVERNMENT PER-PUPIL REVENUE 900099 15188624 15188624 FACILITIES PER-PUPIL REVENUE 900099 925805 925805 AFTER SCHOOL PROGRAM 900099 266095 266095 FIELD TRIPS AND EVENTS 900099 58841 58841 16439365 1025 1025 906 791 115 115 115 MEAL PAYMENTS 900099 111556 111556 MISCELLANEOUS REVENUE 900099 2394 2394 113950 18767262 16439365 0 115090 470680 373769 92276 4635 10031870 8555618 1270529 205723 196014 167398 24553 4063 956880 815859 121427 19594 964763 820049 125419 19295 5345 5345 30250 30250 319569 176847 142722 274423 205478 62517 6428 134325 100654 31303 2368 2333975 1757685 535485 40805 543439 461924 70646 10869 92275 92275 CURRICULUM AND CLASSROO 588637 588637 STUDENT AND STAFF MEALS 216728 216685 43 STUDENT AND STAFF SPECI 92243 87104 4448 691 PROFESSIONAL DEVELOPMEN 60051 51044 7806 1201 103947 29575 61574 12798 17415414 14408326 2678618 328470 73562 224967 57660 1543325 687216 353702 198908 95909 6117813 1927794 3749171 4190019 492165 417000 5258682 6824922 416549 296896 18549 15612 1984353 2321335 2419451 2633843 X 2839231 4191079 2839231 4191079 5258682 6824922 1351848 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3352992 576085 2776907 2039945 1100799 939146 724876 250910 473966 4190019 SECURITY DEPOSIT 417000 417000 DEFERRED RENT 2321335 2321335 X 18883029 115882 115882 18767147 115 115 18767262 17531181 115882 115882 17415299 115 115 17415414 PART X, LINE 2: THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS REPORTED ON PART VIII, LINE 7(A)(II): 115. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS REPORTED ON PART VIII, LINE 7(A)(II): 115. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROV. 75-50. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS FEDERAL, STATE, AND LOCAL GRANTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X X 0 0 0 0 0 0 0 0 0 DANIEL RUBENSTEIN EXECUTIVE DIRECTOR 185917 0 0 0 0 0 7750 0 19710 0 213377 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND DIRECTOR OF OPERATIONS AND FINANCE BEFORE FILING. THE 990 IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE IN WRITING TO THE BOARD OF TRUSTEES ANNUALLY ANY POTENTIAL CONFLICTS OF INTEREST. IF A POTENTIAL CONFLICT WERE TO ARISE, THE INTERESTED PERSON SHALL EXCUSE THEMSELVES FROM BOARD DISCUSSION AND ABSTAIN FROM VOTING ON THE POTENTIAL CONFLICT. DELIBERATION AND DECISIONS ARE DOCUMENTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATIONS OFFICERS AND KEY EMPLOYEES IS BASED ON COMPARABLE DATA PROVIDED FROM THE DEPARTMENT OF EDUCATION. THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS REVIEWED, DETERMINED AND LAST APPROVED COMPENSATION IN 2015. ALL DISCUSSION AND DELIBERATION WAS DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 3002 FORT HAMILTON PARKWAY, BROOKLYN, NY 11218, OR BY CALLING THE ORGANIZATION DIRECTLY AT (347)889-7041. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED SINCE FROM THE PRIOR YEAR. PROSPECT SCHOOLS INC 3002 FORT HAMILTON PARKWAY BROOKLYN NY 11218 331174065 TO SUPPORT BROOKLYN PROSPECT CHARTER SCHOOL NY 501(C)(3) LINE 7 BROOKLYN PROSPECT CHARTER SCHOOL 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 PROSPECT SCHOOLS INC C 1040069 CASH