2024-05-15T14:11:11-05:00 2023-06-30 261689358 Kirisits & Associates CPAs PLLC 1231 Delaware Avenue Suite 6 Buffalo NY 14209 990 2022-07-01 202390504 Oracle Building Corporation ORAC 7163623188 1231 Delaware Avenue 6 Buffalo NY 14209 Ramone Alexander President 7163623188 2024-05-06 1 Ramone Alexander XXX-XX-XXXX 0 Lisa M Kirisits CPA P00809450 7168810089 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Ramone Alexander 1231 Delaware Avenue 6 Buffalo NY 14209 305089 0 X N/A X 2004 NY Ownership of a commercial building whose sole tenant was Oracle Charter School (the School).In February 2018, the School's Authorizer voted to deny the School's application for a charter renewal of its charter, which was to expire as of the end of the day on June 30, 2018, the last day of the School's fiscal year. Accordingly, the education program operated by the School ceased and was terminated as of the end of the 2017-2018 school year. The building was subsequently sold in October 2019. 3 3 0 0 0 0 0 0 0 0 8750 -2644 0 0 8750 -2644 0 0 0 0 0 0 0 0 0 5500 129859 5500 129859 3250 -132503 927722 931740 150 176458 927572 755282 X Ownership of commercial building whose sole tenant was a charter school. The buliding was sold in October 2019. 0 1 Ownership of commercial building whose sole tenant was a charter school. The buliding was sold in October 2019. 1 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1 0 0 0 NY X Kirisits & Associates CPAS PLLC 7168810089 1231 Delaware Avenue Suite 6 Buffalo NY 14209 X Ramone Alexander President 1.00 1.00 X X 0 0 0 Thomas Bailey resigned 62223 Former Treasurer 1.00 1.00 X X 0 0 0 Jacqueline Hollins Secretary 1.00 1.00 X X 0 0 0 Ramelli Choates effective 62223 Treasurer 1.00 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 9666 9666 295423 307733 -12310 -12310 -12310 -2644 0 0 -2644 4279 4279 2580 2580 Teacher retention bonus 123000 123000 129859 0 129859 0 632514 628963 295208 302777 927722 931740 150 3458 0 173000 150 176458 X 927572 755282 927572 755282 927722 931740 X -132503 10213 -50000 X X 0 0 0 X X X 1 Oracle Charter School 201116278 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X 0 0 0 Teacher retention bonus 123000 Reserve for dissolution 50000 173000 Form 990, Part III, line 3 Oracle Building Corporation (the Corporation) was formed for the sole purpose of benefitting Oracle Charter School (the School), and it fulfilled this purpose by acquiring ownership of commercial building (the Building) whose sole tenant was the School. In February 2018, the School's Authorizer voted to deny the School's application for charter renewal of its charter, which was to expire as of the end of the day on June 30, 2018, the last day of the School's fiscal year. Accordingly, the education program operated by the School ceased operations and permanently closed as of the end of the 2017-2018 school year. The Building owned by Oracle Building Corporation was subsequently sold in October 2019. All of the Corporation's remaining net assets, now in the form of cash and/or cash equivalents, must be fully liquidated in accordance with the provisions of a Plan of Dissolution and Distribution of Assets that must be approved by the New York State Attorney Generals office and New York State Supreme Court by way of an Order approving the Plan of Dissolution and Distribution of Assets. Form 990, Part VI, Section A, line 8b The Organization maintains minutes of meetings and has no committees that act on behalf of the board. Form 990, Part VI, Section B, line 11b Form 990 is circulated to the entire governing board prior to filing. Form 990, Part VI, Section C, line 19 Form 990 - Part VI - Section C. Line 10 - Governing documents such as the Certificate of Incorporation and the Organization's by laws are generally not made available to the public, except on a need to know basis. Form 990 is open to the public and made available upon request. Form 990, Part XI, line 9: Change in reserve for dissolution -50,000. Form 990, Part XII, Line 1: Oracle Building Corporation has adopted the liquidation basis of accounting. All of the Oracle Building Corporation's remaining net assets, now in the form of cash and/or cash equivalents, must be fully liquidated in accordance with the provisions of a Plan of Dissolution and Distribution of Assets that must be approved by the New York State Board of Regents (the Regents), the New York State Attorney Generals office and New York State Supreme Court by way of an Order approving the Plan of Dissolution and Distribution of Assets. Oracle Charter School c/o 1231 Delaware Avenue Suite 6 Buffalo NY 14209 201116278 Charter School NY 501(c)(3) 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0