2024-05-14T09:52:03-07:00 2023-06-30 810926770 NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS 40 WALL ST 32ND FL NEW YORK NY 10005 990 2022-07-01 202957113 SOUTH BRONX CHARTER SCHOOL FOR INTERNATIONAL CULTURES AND THE ARTS SOUT 6462359061 164 BRUCKNER BLVD BRONX NY 10454 EVELYN HEY PRINCIPAL 2024-05-14 true EVELYN HEY 999009999 true Miaoling Lin P00431817 2127850100 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z DONALD P MATTSON 164 BRUCKNER BLVD BRONX NY 10454 10314228 false X HTTP://WWW.SBCSICA.ORG X 2005 NY THE SCHOOL PROVIDES SCIENTIFICALLY RESEARCH-PROVEN STANDARDS-BASED EDUCATIONAL PROGRAMS, WITH AN EMPHASIS ON INTERNATIONAL CULTURES, THE ARTS, AND MASTERY OF A SECOND LANGUAGE. 7 7 72 7 0 1022338 1117088 7355276 9011862 15006 185278 0 8392620 10314228 0 0 4525519 5417324 0 18560 3838422 4566887 8363941 9984211 28679 330017 28863544 29406963 20108038 20321440 8755506 9085523 In an effort to represent the communitys prestige, the South Bronx Charter School for International Culture and the Arts is a model of excellence providing its youngsters with a constructivist and child-centered curriculum. Our community, our parents, and staff are empowered to participate meaningfully in our school to strengthen its potential for success. Our intellectually challenging and standards based curriculum is enriched by our international perspective, the arts, and our dual language program. Our students receive a well-rounded education that uses the arts to promote excellence in all areas: cognitive, social, emotional, and moral.Our school meets or exceeds New York State Learning Standards, aligns student learning to those standards and supports teachers with professional development opportunities. The fundamental philosophy and belief at the South Bronx Charter School for International Cultures and the Arts is that ALL CHILDREN CAN LEARN. All children have the right to att false false 8611450 9011862 REGULAR AND SPECIAL EDUCATION PROGRAMS 8611450 true true false false false false false false false false true false false true true true true false true false false false false false false false false false false true true false false false false false false false false false false true false false false false true true false false false true 37 0 true 72 true false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false NY X SOUTH BRONX CHARTER SCHOOL FOR 6462359061 164 Bruckner Blvd BRONX NY 10454 X Evelyn Hey Executive Dir. 40.00 0.00 X 331716 0 9921 Johanna Alfonzo Principal 40.00 0.00 133126 0 57242 Madramootoo Azizi Assist Principal 40.00 0.00 137098 0 28195 FRIGG HELEN FACILITY MANAGER 40.00 0.00 117376 0 37939 NICHOLAS MARINACCI HS PRINCIPAL 40.00 0.00 103116 0 46097 ELVIRA MARESCA PRINCIPAL 40.00 0.00 142375 0 5125 ELVIRA BARONE Member 1.00 0.00 X 0 0 0 Rosemarie Torres member 1.00 0.00 X 0 0 0 DONALD P MATTSON Vice Chair 1.00 0.00 X X 0 0 0 Angie Gonzalez Board Chair 1.00 0.00 X X 0 0 0 Mariel Manon PTO President 1.00 0.00 X 0 0 0 Ana Melendez-Ocasio Member 1.00 0.00 X 0 0 0 Perosda Rosa Member 1.00 0.00 X 0 0 0 964807 184519 6 false true false Strategic Development Group Inc 645 Martinsville Road STE 204 Basking Ridge NJ 07920 Construction 158000 Boosted Finance PO BOX 70 PLAINVIEW NY 11803 Financial services 149822 Partners for Architecture Total 8 Union St Stamford CT 06906 CONSTRUCTION 326787 SISCA NorthEast Associates LLC 1944 RT 22 Brewster NY 10001 Construciton 172500 WHITEMAN OSTERMAN & 135 West 41 Street 5th FL New York NY 10036 LEGAL 136880 5 1104892 12196 31690 1117088 FOOD SUBSIDY PROGRAM 611710 542794 542794 STUDENT ENROLLMENT 611710 8469068 8469068 9011862 185278 185278 0 0 0 0 0 0 0 0 10314228 9011862 185278 X 0 0 0 0 352090 309839 42251 0 3994115 3532468 461647 104539 92420 12119 611443 540607 70836 355137 313966 41171 0 59422 47896 11526 40000 40000 0 0 0 260839 33367 227472 0 30938 27350 3588 0 0 307949 272249 35700 0 0 0 968117 855884 112233 0 649653 574341 75312 129977 30015 99962 Food costs 371300 371300 Student Services 226489 226489 Staff Development 224304 198301 26003 Supplies and instructional mat 215349 190384 24965 1082550 954574 109416 18560 9984211 8611450 1354201 18560 241660 710750 4020904 3863219 735282 931649 0 0 0 0 0 44873 51696 27926353 7145296 21290606 20781057 0 0 0 485096 461904 2045123 2606688 28863544 29406963 734802 783139 156377 424949 19020000 18480000 196859 633352 20108038 20321440 X 8755506 9085523 8755506 9085523 28863544 29406963 330017 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1823000 1823000 18057399 4049310 14008089 28530 5777 22753 2383464 2174918 208546 5633960 915291 4718669 20781057 Operating lease assets 436491 RESTRICTED CASH AND ESCROW RESERVE 2145197 Security deposit 25000 2606688 Accrued interest 196859 Operating lease liability 436491 Rounding 2 633352 X 10314228 10314228 10314228 9984211 9984211 9984211 Part X : FIN48 Footnote Tax StatusThe School is tax-exempt under Section 501(c)(3) of the Internal Revenue Code (IRC) and has been classified as a publicly supported organization as described in IRC sections 509(A)(1) and 170(B)(1)(A)(II).Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that, as of June 30, 2022, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the accompanying financial statements.The School is no longer subject to income tax examination by federal, state or local tax authorities for years before June 30, 2020. true true true true false true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized THE SCHOOL IS OPEN TO ALL CHILDREN ON A SPACE AVAILABLE BASIS WITHIN EACH GRADE RANGING FROM KINDERGARTEN THROUGH EIGHTH GRADE.THE SCHOOL'S ADMISSIONS POLICY AND PROCEDURES STATED THAT ADMISSION IS NOT BASED ON INTELLIGENCE, ACHIEVEMENT OR ATTITUDE, ATHLETIC ABILITY, DISABILITY, ETHNICITY, RACE, CREED, GENDER, NATIONAL ORIGIN, RELIGION OR ANCESTRY. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained 4B: Not applicable - The school does not offer scholarships. Schedule E, Line 5 - Explanation of Organization Discrimination by Race Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency SCHEDULE E- EXPLANATION FOR LINE 6ATHE SCHOOL APPLIES FOR VARIOUS GOVERNMENT GRANTS EACH YEAR WHICH ARE BASED ON SEVERAL FACTORS SUCH AS TOTAL STUDENTS ENROLLED IN THE SCHOOL. REIMBURSEMENT UNDER PER-PUPIL GRANTS IS THE RESULT OF THE CALCULATION OF FULL-TIME EQUIVALENT STUDENTS ATTENDING THE SCHOOL MULTIPLIED BY A RATE DETERMINDED EACH YEAR BY NEW YORK STATE. X false false false false false false false false false Evelyn Hey Executive Dir. 331716 9921 341637 FRIGG HELEN FACILITY MANAGER 117376 4483 33456 155315 Johanna Alfonzo Principal 133126 5335 51907 190368 Madramootoo Azizi Assist Principal 137098 4714 23481 165293 A BUILD NYC RESOURCE CORP 454040561 12008EBW5 2013-06-01 215000 ACQ./CONST. SCHOOL BLDG false false false B BUILD NYC RESOURCE CORP 454040561 12008EBX3 2013-06-01 450000 ACQ./CONST. SCHOOL BLDG false false false C BUILD NYC RESOURCE CORP 454040561 12008EBY1 2013-06-01 2505000 ACQ./CONST. SCHOOL BLDG false false false D BUILD NYC RESOURCE CORP 454040561 12008EBZ8 2013-06-01 7030000 ACQ./CONST. SCHOOL BLDG false false false A 214373 14758 3686 9628 196243 false true true true B 448687 30888 7715 20151 410742 false true true true C 2497690 171945 42950 112172 2286465 false true true true D 7009486 482543 120533 314797 6416706 false true true true A false false false false false B false false false false false C false false false false false D false false false false false A false false false B false false false C false false false D false false false Part VI SOUTH BRONX CHARTER SCHOOL FOR INTERNATIONAL CULTURES AND ARTS (SBCICA) USED THE PROCEEDS OF THE SERIES 2013 BONDS FOR THE FOLLOWING PURPOSES: i) refinancing outstanding commercial loans in the aggregate principal amount of $675,356, the proceeds of which,together with other funds of the Borrower, were used to finance the costs of acquiring a site (the "Site") and related two-story building,located at 164 Bruckner Boulevard, Bronx, New york; ii) financing the demolition of the existing two-story building on the Site; iii) financing the cost of constructng a new approximately 39,614 square foot five-story building on the Site and equipping and/or furnishing the New Facility; (iv) funding a debt service reserve fund and capitalized interest for the Series 2013 Bonds and (v)paying certain costs related to the issuance of the Series 2013 Bonds (collectively, the "project").THE NEW FACILITY WAS COMPLETED IN 2015 AND WAS IN SERVIVE IN SEPTEMBER 2015. IT PROVIDED 18 CLASSROOMS, CAFETERIA, KITCHEN, ADMINISTRATIVE OFFICES, LOBBY, PROJECT ROOM, ART ROOM, MUSIC ROOM, LANGUAGE LAB, MEDIA CENTER, TEACHER'S LOUNGE AND VARIOUS OTHER STORAGE AND MULTIPURPOSE ROOMS AND OFFICES. THE TRUSTEE UNDER THE INDENTURE WILL HOLD, CONTROL AND MAINTAIN THE FOLLOWING FUNDS AND ACCOUNTS AS FIDUCIARY: 1)PROJECT FUND 2)BOND FUND 3) RENEWAL FUND 4)EARNINGS FUND 5) REBATE FUND 6) DEBT SERVICE RESERVE FUND AND 7) REPAIR AND REPLACEMENT FUND. A BUILD NYC RESOURCE CORP 454040561 12008ECA2 2013-06-01 11450000 ACQ./CONST. SCHOOL BLDG false false false A 11416589 785935 196316 512720 10451107 false true true true A false false false false false A false false false X 23230 FMV X LIBRARY 1 2490 FMV X SOFTWARE 1 5970 FMV false false false Form 990, Part VI, Section B, Line 11b THE DRAFT 990 IS REVIEWED AND COMMENTED UPON BY BOARD MEMBERS PRIOR TO FILING THE 990. Form 990, Part VI, Section B, Line 12c DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST.A. EACH COVERED PERSON SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THE POLICY. 2. HAS READ AND UNDERSTANDS THE POLICY. 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION AND THE TRUST OF THE PUBLIC IT MUST DILIGENTLY AVOID CONFLICTS OF INTEREST OR THE APPEARANCE OF ANY CONFLICT AND ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.B. THIS POLICY SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF COVERED PERSONS, AND ANY NEW COVERED PERSON SHALL BE ADVISED OF THE POLICY UPON BECOMING A COVERED PERSON AND SHALL FILE AN ANNUAL STATEMENT WITH THE CORPORATION.C. TO FURTHER THE PURPOSE OF THE DISCLOSURE PROVISIONS OF THIS POLICY. Form 990, Part VI, Section B, Line 15a THE SALARY BUDGET IS PREPARED AT THE RECOMMENDATION OF THE PRINCIPAL AND BOARD FINANCE COMMITTE. OTHER TEACHER SALARY SCALES, INCLUDING THE DOE ARE TAKEN INTO ACCOUNT WHEN DETERMINING SALARIES. Form 990, Part VI, Section C, Line 19 ALL FINANCIAL STATEMENTS AND TAX RETURNS ARE OPEN FOR PUBLIC INSPECTION UPON REQUEST. ALL FINANCIAL STATEMENTS AND TAX RETURNS ARE SUBMITTED TO GRANT-MAKING GOVERNMENT AGENCIES. ALSO, THE ORGANIZATION TIMELY FILES ITS NYS CHAR 500 ANNUAL REPORT WITH THE OFFICE OF THE NY STATE ATTORNEY GENERAL. THE NYSOAG POSTS THE ORGANIZATION'S FINANCIAL STATEMENTS, FED 990 TAX RETURN AND THE NYS CHAR 500 ON ITS CHARITITES BUREAU INTERNET WEBSITE. Form 990, Part IX, Line 24e Building security and maintena: Column (A) - Total = $198685; Column (B) - Program Services = $175650; Column (C) - Management & General = $23035; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Equipment Leasing Expense: Column (A) - Total = $151241; Column (B) - Program Services = $133707; Column (C) - Management & General = $17534; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Marketing/Recruitment: Column (A) - Total = $107869; Column (B) - Program Services = $95363; Column (C) - Management & General = $12506; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Other expenses: Column (A) - Total = $88138; Column (B) - Program Services = $61511; Column (C) - Management & General = $8067; Column (D) - Fundraising = $18560 Form 990, Part IX, Line 24e Repairs and Maintenance: Column (A) - Total = $60088; Column (B) - Program Services = $53122; Column (C) - Management & General = $6966; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TELEPHONE & INTERNET SVC.: Column (A) - Total = $146726; Column (B) - Program Services = $129716; Column (C) - Management & General = $17010; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Transportation service: Column (A) - Total = $120205; Column (B) - Program Services = $120205; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Utilites: Column (A) - Total = $209598; Column (B) - Program Services = $185300; Column (C) - Management & General = $24298; Column (D) - Fundraising = $0 FED 990 PART VII PAGE 7 COMPENSATION ARTICLE IIIOFFICERSThe Board of Trustees shall elect by majority vote, from among the Trustees, the following officers:Section 1. Chairperson of the Board of Trustees. The Chairperson of the Board of Trustees shall preside over all meetings of the Board of Trustees. In his or her absence, the Secretary, or the Trustee in attendance possessing the most seniority in that office, in that order, shall preside. The Chairperson of the Board of Trustees shall appoint members of special committees, if any. He or she shall also perform such other duties as may from time to time be assigned to him or her by the Board of Trustees.Section 2. Secretary. The Secretary shall keep, or cause to be kept, the minutes of all Board of Trustee meetings. He or she shall be custodian of the records. He or she shall see that all notices are duly given in accordance witH the provisions of these Bylaws and as required by law. He or she shall perform all duties incident to the office of Secretary and such other duties as may from time to time be assigned to him or her by the Board of Trustees.Section 3. Treasurer. The Treasurer shall have the custody of the funds and securities of SBCSICA and shall cause to be kept full and accurate accounts of receipts and disbursements in books belonging to SBCSICA, and shall deposit or cause to be deposited all monies and other valuable effects in the name and to the credit of SBCSICA in such depositories as may be designated by the Board of Trustees. The Treasurer shall disburse the funds of SBCSICA as may be ordered by the Board of Trustees taking proper vouchers for the disbursements, and shall render to the Chairperson, and the Board of Trustees, at meetings and whenever they may require it, an account of all transactions as Treasurer and of the financial condition of SBCSICA, provided that routine transactions may be delegated to the staff of SBCSICA. The Treasurer will work with BoostEd Finance (A Division of Victory Education Partners) to accomplish the aforementioned duties in accordance with the contractually-established delegation of certain such duties to BoostEd Finance. The Treasurer shall perform such other duties as the Board of Trustees may from time to time prescribe or require. Statement Note 1 ARTICLE IIIOFFICERSThe Board of Trustees shall elect by majority vote, from among the Trustees, the following officers:Section 1. Chairperson of the Board of Trustees. The Chairperson of the Board of Trustees shall preside over all meetings of the Board of Trustees. In his or her absence, the Secretary, or the Trustee in attendance possessing the most seniority in that office, in that order, shall preside. The Chairperson of the Board of Trustees shall appoint members of special committees, if any. He or she shall also perform such other duties as may from time to time be assigned to him or her by the Board of Trustees.Section 2. Secretary. The Secretary shall keep, or cause to be kept, the minutes of all Board of Trustee meetings. He or she shall be custodian of the records. He or she shall see that all notices are duly given in accordance with the provisions of these Bylaws and as required by law. He or she shall perform all duties incident to the office of Secretary and such other duties as may from time to time be assigned to him or her by the Board of Trustees.Section 3. Treasurer. The Treasurer shall have the custody of the funds and securities of SBCSICA and shall cause to be kept full and accurate accounts of receipts and disbursements in books belonging to SBCSICA, and shall deposit or cause to be deposited all monies and other valuable effects in the name and to the credit of SBCSICA in such depositories as may be designated by the Board of Trustees. The Treasurer shall disburse the funds of SBCSICA as may be ordered by the Board of Trustees taking proper vouchers for the disbursements, and shall render to the Chairperson, and the Board of Trustees, at meetings and whenever they may require it, an account of all transactions as Treasurer and of the financial condition of SBCSICA, provided that routine transactions may be delegated to the staff of SBCSICA. The Treasurer will work with BoostED to accomplish the aforementioned duties in accordance with the contractually-established delegation of certain such duties to BoostED. The Treasurer shall perform such other duties as the Board of Trustees may from time to time prescribe or require. FRIENDS OF SBCSICA INC 164 BRUCKNER BLVD BRONX NY 10454 832700166 SUPPORT ANOTHER NON-PROFIT ORGANIZATION NY 501(c)(3) 509(a)(2) N/A true false false false false false false false false false false false false false false false false false false false