2014-05-14T12:24:31-05:00 2013-06-30 061671819 FRUCHTER ROSEN & CO PC 156 WEST 56TH STREET STE 1804 NEW YORK NY 10019 990 2012-07-01 274033496 BROOKLYN SUCCESS ACADEMY CHARTER SCHOOL 1 BROO 6467472371 95 PINE STREET NO 6TH FL NEW YORK NY 10005 DENNIS MCINTOSH 6462777170 2014-05-13 GUS SALIBA P01243493 2129573600 2014-05-06 2012 2015-11-30 17:44:51Z X SAM MARTINI 95 PINE STREET 6TH FL NEW YORK NY 10005 3696736 0 X WWW.SUCCESSACADEMIES.ORG X 2010 NY THE MISSION OF BROOKLYN SUCCESS ACADEMY CHARTER SCHOOL 1 (THE "SCHOOL") IS TO PROVIDE CHILDREN IN NEW YORK CITY WITH AN EXCEPTIONALLY HIGH-QUALITY EDUCATION THAT GIVES THEM THE KNOWLEDGE, SKILLS, CHARACTER AND DISPOSITION TO MEET AND EXCEED NEW YORK STATE STANDARDS, AND THE RESOURCES TO SUCCEED AND LEAD IN SCHOOL, COLLEGE AND A COMPETITIVE GLOBAL ECONOMY. 5 5 46 0 0 0 721029 320742 2441480 3375682 48 19 0 293 3162557 3696736 0 0 0 0 1609517 2340623 0 0 0 1437657 1490625 3047174 3831248 115383 -134512 754656 1123227 656120 1159203 98536 -35976 X THE MISSION OF BROOKLYN SUCCESS ACADEMY CHARTER SCHOOL 1 (THE "SCHOOL") IS TO PROVIDE CHILDREN IN NEW YORK CITY WITH AN EXCEPTIONALLY HIGH-QUALITY EDUCATION THAT GIVES THEM THE KNOWLEDGE, SKILLS, CHARACTER AND DISPOSITION TO MEET AND EXCEED NEW YORK STATE STANDARDS, AND THE RESOURCES TO SUCCEED AND LEAD IN SCHOOL, COLLEGE AND A COMPETITIVE GLOBAL ECONOMY. 0 0 3253115 3375682 EXPENSES DIRECTLY ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED CURRICULUM COSTS. FOR THE 2012-2013 SCHOOL YEAR, WE SERVED APPROXIMATELY 235 STUDENTS IN GRADES KINDERGARTEN THROUGH SECOND. 3253115 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 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 1 5 0 1 46 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANA MORGADO 6469323711 95 PINE STREET 6TH FL NEW YORK NY 10005 X SAM MARTINI 2.00 X X 0 0 0 RICH BARRERA 2.00 X X 0 0 0 MIKE POLLACK 2.00 X X 0 0 0 SARAH MARCHESI 2.00 X X 0 0 0 ELRIN PENA 1.00 X 0 0 0 MYLISA BROOKS 1.00 X 0 0 0 MONICA BURRESS 60.00 X 114013 0 4920 114013 0 4920 1 0 0 0 SUCCESS ACADEMY CHARTER SCHOOLS INC 95 PINE STREET 6TH FLOOR NEW YORK NY 10005 MANAGEMENT 270756 REVOLUTION FOODS PO BOX 742759 LOS ANGELES CA 90074 FOOD SERVICE 138298 2 320442 300 320742 GOV'T PER-PUPIL REV. 900099 3375682 3375682 3375682 19 19 OTHER INCOME 900099 293 293 293 3696736 3375975 0 19 1941233 1779399 161834 26686 24461 2225 217174 199070 18104 155530 142563 12967 318042 318042 11000 11000 232568 232086 482 1364 1364 62735 57504 5231 174440 159897 14543 15107 13848 1259 2948 2702 246 8576 8576 223621 204978 18643 32345 29649 2696 STUDENT FOOD SERVICE 184935 184935 INSTRUCTIONAL SUPPLIES 141038 141038 FIELD TRIPS 28332 28332 SPECIAL EVENTS 21398 19614 1784 32176 31675 501 3831248 3253115 578133 0 91535 171949 202136 141404 0 905 0 130120 974903 346054 435985 628849 25000 50000 754656 1123227 156120 159203 500000 1000000 656120 1159203 X 98536 -35976 98536 -35976 754656 1123227 -134512 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 431325 114643 316682 177937 89850 88087 365641 141561 224080 628849 X 3717388 20652 20652 3696736 0 3696736 3851900 20652 20652 3831248 0 3831248 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 POSITION RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL DISSEMINATES ITS POLICY ON OUTREACH MATERIALS, APPLICATIONS AND ITS WEBSITE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL ENTERED INTO A RELATIONSHIP WITH THE CHARTER MANAGEMENT ORGANIZATION, SUCCESS ACADEMIES CHARTER NETWORK, INC. (THE "NETWORK"). THE RESPONSIBILITIES OF THE NETWORK ARE AS FOLLOWS: (1) HIRING EDUCATIONAL CONSULTANTS AND STAFF TO ADVISE ON SCHOOL DEVELOPMENT; (2) RESEARCHING AND DOCUMENTING THE SUCCESSFUL CHARACTERISTICS OF K-12 SCHOOLS SUCH AS THOSE AFFILIATED WITH THE NETWORK; (3) PROVIDING RESOURCES TO NEW AND ESTABLISHED CHARTER SCHOOLS WITHIN THE NETWORK, SUCH AS ASSISTANCE RECRUITING LEADERSHIP, ADMINISTRATION AND STAFF; RECRUITING STUDENTS; AND FOSTERING THE DEVELOPMENT OF SHARED SERVICES, CURRICULA, AND FACILITIES; (4) PERFORMING RESEARCH ON POLICIES THAT CAN INCREASE EDUCATIONAL OPPORTUNITIES FOR ALL CHILDREN, INCLUDING BUT NOT LIMITED TO POLICIES RELATING TO CHARTER SCHOOLS; (5) PROVIDING ADDITIONAL SUPPORT TO STUDENTS WITHIN THE NETWORK OR STUDENTS OF NEED TO ALLOW THEM TO PURSUE ACADEMIC EXCELLENCE; AND (6) OTHER ACTIVITIES THAT PROMOTE EDUCATIONAL ACHIEVEMENT. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS AS PART OF THEIR REGULAR MEETINGS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.