2015-05-01T13:48:48-05:00 2014-06-30 464001827 SAXBST LLP 855 VALLEY ROAD CLIFTON NJ 070132483 990 2013-07-01 270820249 BUILDING RESPONSIBLE INTELLIGENT CREATIVE KIDS BUIL 2483881930 59 LINCOLN PARK GARDEN SUITE NEWARK NJ 07101 DOMINIQUE LEE EXECUTIVE DIRECTOR 2483881930 2015-04-17 1 MARQUS WHITE P00053187 9734726250 2013 2016-04-25 22:37:26Z X BRICK ACADEMY DOMINIQUE LEE 59 LINCOLN PARK GARDEN SUITE NEWARK NJ 07101 944605 0 X WWW.BRICKNEWARK.ORG X 2010 NJ TO BUILD RESPONSIBLE, INTELLIGENT, CREATIVE KIDS. THROUGH A GLOBALLY MINDED CURRICULUM, EXTENDED DAY PROGRAM, INDIVIDUALIZED PROFESSIONAL DEVELOPMENT, AND COMMUNITY AND FAMILY PARTNERSHIPS, BRICK PROVIDES STUDENTS WITH THE OPPORTUNITY TO BE COLLEGE AND LIFE READY IN AN INTERCONNECTED GLOBAL SOCIETY. 8 8 10 11 0 0 503282 944605 476025 0 0 0 0 0 979307 944605 0 0 0 0 366439 594105 0 0 0 666972 387719 1033411 981824 -54104 -37219 148372 132139 173531 134517 -25159 -2378 X TO BUILD RESPONSIBLE, INTELLIGENT, CREATIVE KIDS. THROUGH A GLOBALLY MINDED CURRICULUM, EXTENDED DAY PROGRAM, INDIVIDUALIZED PROFESSIONAL DEVELOPMENT, AND COMMUNITY AND FAMILY PARTNERSHIPS, BRICK PROVIDES STUDENTS WITH THE OPPORTUNITY TO BE COLLEGE AND LIFE READY IN AN INTERCONNECTED GLOBAL SOCIETY. 0 0 821024 TO PARTNER WITH NEWARK PUBLIC SCHOOLS TO HELP TURNAROUND CHRONICALLY FAILING SCHOOLS. BRICK ACADEMY IS THE FIRST SCHOOL WITHIN THE PARTNERSHIP. 821024 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 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 9 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X DOMINIQUE D LEE 2483881930 59 LINCOLN PARK GARDEN SUITE 50 NEWARK NJ 07101 GORDON MACINNES PRESIDENT 1.00 X 0 0 0 SALLY BOOTH TRUSTEE 1.00 X 0 0 0 FATIMAH BURNAM-WATKINS TRUSTEE 1.00 X 0 0 0 MELANIE BROWN ESQ TRUSTEE 1.00 X 0 0 0 PETER CORDREY TRUSTEE 1.00 X 0 0 0 KIMBERLY BAXTER MCLAIN TRUSTEE 1.00 X 0 0 0 AARON TURNER TRUSTEE 1.00 X 0 0 0 MONIQUE BAPTISTE-GOOD TRUSTEE 1.00 X 0 0 0 DOMINIQUE LEE EXECUTIVE DIRECTOR 50.00 X 121542 0 19631 121542 0 19631 1 0 0 0 0 X 944605 944605 944605 0 0 0 181834 145467 36367 346781 277425 69356 6951 5561 1390 19859 15887 3972 38680 30944 7736 74982 59986 14996 78894 63115 15779 PROGRAM EXPENSES 177825 177825 STAFF DEVELOPMENT & TRA 43558 34846 8712 PROFESSIONAL FEES 11101 8881 2220 COMMUNICATIONS EXPENSE 1359 1087 272 981824 821024 160800 0 9949 20829 138423 104095 0 7215 148372 132139 113531 134517 60000 0 173531 134517 X -25159 -2378 -25159 -2378 148372 132139 X -37219 60000 X 0 1 X 0 0 X 207482 213289 361426 995307 944605 2722109 207482 213289 361426 995307 944605 2722109 321116 2400993 2722109 0.88200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OTHER LONG TERM ASSETS 5215 SECURITY DEPOSITS 2000 7215 X 1054605 50000 60000 110000 944605 0 944605 1031824 50000 50000 981824 0 981824 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION 740 "UNCERTAINTY FOR INCOME TAXES" AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AS WELL AS IN ONE STATE JURISDICTION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES UNLESS THE ORGANIZATION WAS ENGAGED IN ACTIVITIES THAT WOULD GENERATE UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: FOREGIVENESS OF LIABILITY 60,000. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 SHALL BE PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL 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 INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES OR COMPENSATION COMMITTEE OF THE CORPORATION; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. 1. REVIEW AND APPROVAL: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OR COMPENSATION COMMITTEE OF THE CORPORATION, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THE REVIEW AND APPROVAL. 2. USE OF DATA AS TO COMPARABLE COMPENSATION: THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING: THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS SHALL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE EXTENT REQUIRED BY LAW. FORM 990 PART VIII LINE 11A THE ORGANIZATION NO LONGER EXPECTS THE FUNDING AGENCY TO SEEK REPAYMENT OF THESE FUNDS DUE TO THE LENGTH OF TIME OUTSTANDING, THEREFORE, IT HAS DECIDED TO WRITE OFF THE LIABILITY TO REVENUE IN THE CURRENT FISCAL YEAR. FORM 990, PART XI, LINE 9: FOREGIVENESS OF DEBT 60,000.