2024-05-15T22:45:17-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 832905628 BROOKLYN RISE CHARTER SCHOOL BROO 3474709833 475 53RD STREET 2ND FLOOR BROOKLYN NY 11220 BENJAMIN HERBST TREASURER 3474709833 2024-05-15 1 BENJAMIN HERBST 999009999 1 GARRETT M HIGGINS P00543209 2122862600 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CARY FINNEGAN 475 53RD STREET 2ND FLOOR BROOKLYN NY 11220 5638271 0 X WWW.BROOKLYNRISE.ORG X 2018 NY BROOKLYN RISE CHARTER SCHOOL BUILDS THE KNOWLEDGE, HABITS, AND MINDSETS FOR ACADEMIC SUCCESS, ENSURING ALL KINDERGARTEN THROUGH 5TH GRADE STUDENTS ARE ON THE PATH TO COLLEGE. 8 8 47 8 0 0 1096081 150718 3946763 5478760 12 15 4950 8778 5047806 5638271 0 0 0 0 2635466 3492882 0 0 0 1815119 3110071 4450585 6602953 597221 -964682 2059005 4383040 435505 3724222 1623500 658818 BROOKLYN RISE CHARTER SCHOOL BUILDS THE KNOWLEDGE, HABITS, AND MINDSETS FOR ACADEMIC SUCCESS, ENSURING ALL KINDERGARTEN THROUGH 5TH GRADE STUDENTS ARE ON THE PATH TO COLLEGE. 0 0 5246504 0 5478760 THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 169 STUDENTS FROM KINDERGARTEN THROUGH THIRD GRADE DURING THE 2022-2023 ACADEMIC YEAR. 5246504 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 12 0 47 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BENJAMIN HERBST 3474709833 475 53RD STREET 2ND FLOOR BROOKLYN NY 11220 CHRSTINA HU CHAIR 1.00 X X 0 0 0 KATIE ZAUNBRECHER VICE CHAIR 1.00 X X 0 0 0 BENJAMIN HERBST TREASURER 1.00 X X 0 0 0 GRACE HAN SECRETARY 1.00 X X 0 0 0 BIANCA CABRERA TRUSTEE 1.00 X 0 0 0 JILL NI TRUSTEE 1.00 X 0 0 0 LAURA TOMANA TRUSTEE 1.00 X 0 0 0 ETHAN WAITE TRUSTEE 1.00 X 0 0 0 CARY ROTHSCHILD HEAD OF SCHOOL 40.00 X 136604 0 10332 AKLIAH BOND ASSISTANT HEAD OF SCHOOL 40.00 X 108212 0 11730 CHANTAL ZUNIGA HEAD OF OPERATIONS 40.00 X 108358 0 9680 353174 0 31742 3 0 0 0 0 142270 8448 150718 GOV'T PER-PUPIL - GEN. 611110 4388215 4388215 GOV'T PER-PUPIL - FACI 611110 1090545 1090545 5478760 15 15 MISCELLANEOUS 900099 8778 8778 8778 5638271 5478760 0 8793 151602 90961 60641 2745102 2306635 438467 43286 36814 6472 292400 244266 48134 260492 215870 44622 149354 60132 89222 40945 40945 42000 42000 256688 103346 153342 26140 21507 4633 142024 45451 96573 94228 57384 36844 1397593 1187954 209639 4062 4062 217705 185049 32656 38406 32645 5761 STUDENT SERVICES 288762 288762 CLASSROOM SUPPLIES 214977 214977 REPAIRS & MAINTENANCE 110218 92948 17270 PROF. DEVELOPMENT 62290 60974 1316 24679 829 23850 6602953 5246504 1356449 0 359759 20214 75017 75032 940227 88525 21136 0 20537 35662 989421 400740 241930 588681 400399 3574926 2059005 4383040 435505 300111 14300 0 3409811 435505 3724222 X 1623500 658818 1623500 658818 2059005 4383040 -964682 0 X X 0 1 X 1 1 1 X 541979 118477 423502 310586 211258 99328 136856 71005 65851 588681 ROU ASSETS 3174527 SECURITY DEPOSIT 400399 3574926 LOAN PAYABLE 3409811 3409811 X 5638271 0 5638271 0 5638271 6602953 0 6602953 0 6602953 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2020. 1 1 1 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. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATION POLICY ON ITS INTERNET WEBSITE. 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 AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS GOVERNING DOCUMENTS DURING THE YEAR. THE FOLLOWING SIGNIFICANT CHANGES WERE MADE TO THEM. - THE MIMIMUM NUMBER OF VOTING MEMBERS INSCREASED FROM 5 TO 7. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. IT IS THEN REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES. ALL QUESTIONS AND COMMENTS ARE ADDRESSED, AND A FINAL VERSION IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH COVERS TRUSTEES, OFFICERS, COMMITTEE MEMBERS, AND EMPLOYEES. TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT ANNUAL STATEMENTS DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS OF INTEREST MUST ALSO BE DISCLOSED TO THE BOARD OF TRUSTEES OR RELEVANT COMMITTEE AS THEY ARISE. THE BODY TO WHICH SUCH DISCLOSURE IS MADE DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT IS DEEMED TO EXISTS, THE INTERESTED PERSON MAY NOT VOTE ON, USE THEIR PERSONAL INFLUENCE ON, OR BE PRESENT FOR DISCUSSIONS ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS A COMPENSATION COMMITTEE WHICH USES A PROCESS FOR DETERMINING THE COMPENSATION OF THE HEAD OF SCHOOL WHICH INCLUDES THE USE OF COMPARABILITY DATA ACROSS THE NON-PROFIT SECTOR INCLUDING FORM 990S OF OTHER ORGANIZATIONS. THE COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES AND DOCUMENTED IN THE MINUTES. THE PROCESS LAST OCCURRED IN 2022. 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, AND GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990 , PART XII , LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OFTHE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.