2024-03-28T08:58:15-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2022-07-01 262433224 CRISTO REY BROOKLYN HIGH SCHOOL CRIS 7184553555 710 EAST 37TH STREET BROOKLYN NY 11203 WILLIAM P HENSON PRESIDENT 7184553555 2024-03-28 1 WILLIAM HENSON 999009999 0 GARRETT M HIGGINS P00543209 2017129800 2024-03-27 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM P HENSON 710 EAST 37TH STREET BROOKLYN NY 11203 5388657 0 0928 X WWW.CRISTOREYBROOKLYN.ORG X 2008 NY CRISTO REY BROOKLYN IS A CATHOLIC HIGH SCHOOL PARTNERING WITH FAMILIES OF ALL CREEDS TO EDUCATE DESERVING YOUNG PEOPLE FROM UNDERSERVED COMMUNITIES TO BECOME MEN AND WOMEN OF FAITH, PURPOSE, AND SERVICE. BY INTEGRATING A RIGOROUS CURRICULUM, A UNIQUE WORK-STUDY EXPERIENCE, AND THE SUPPORT OF AN INCLUSIVE SCHOOL COMMUNITY, WE ENABLE STUDENTS TO SUCCEED IN COLLEGE AND BEYOND WITH THE VALUES ESSENTIAL TO A FULFILLING LIFE. 19 18 66 26 0 0 4780887 4021342 2629660 1103441 260 2002 220113 152787 7630920 5279572 339305 295822 0 0 3126005 3092181 293000 82650 187665 1448881 1676013 5207191 5146666 2423729 132906 4200668 18558186 1135620 11571669 3065048 6986517 X CRISTO REY BROOKLYN IS A CATHOLIC HIGH SCHOOL PARTNERING WITH FAMILIES OF ALL CREEDS TO EDUCATE DESERVING YOUNG PEOPLE FROM UNDERSERVED COMMUNITIES TO BECOME MEN AND WOMEN OF FAITH, PURPOSE, AND SERVICE. BY INTEGRATING A RIGOROUS CURRICULUM, A UNIQUE WORK-STUDY EXPERIENCE, AND THE SUPPORT OF AN INCLUSIVE SCHOOL COMMUNITY, WE ENABLE STUDENTS TO SUCCEED IN COLLEGE AND BEYOND WITH THE VALUES ESSENTIAL TO A FULFILLING LIFE. 0 0 4348924 295822 1103441 CRISTO REY BROOKLYN HIGH SCHOOL (CRBHS), FOUNDED IN 2008 IN BROOKLYN, NEW YORK, IS A MEMBER OF THE CRISTO REY NETWORK OF 38 HIGH SCHOOLS ACROSS THE UNITED STATES, THE LARGEST NETWORK OF SCHOOLS IN THE COUNTRY THAT EXCLUSIVELY SERVES FAMILIES AND YOUNG PEOPLE OF LIMITED ECONOMIC MEANS. CRBHS PROVIDES A COLLEGE PREPARATORY CATHOLIC HIGH SCHOOL EDUCATION TO STUDENTS WHOSE FAMILIES HAVE DEMONSTRATED A FINANCIAL NEED. STUDENTS ENROLLED AT CRBHS CURRENTLY RESIDE IN BROOKLYN, QUEENS, MANHATTAN, AND THE BRONX.FOR FY23, CRBHS' ENROLLMENT WAS 269 STUDENTS. SCHOOL WAS IN SESSION 181 DAYS OUT OF THE SCHOOL YEAR, PLUS SPECIAL EXTENDED SUMMER PROGRAMMING OF 15 DAYS. 100% OF ITS 2023 GRADUATES WERE ACCEPTED INTO COLLEGE, WITH EACH GRADUATE EARNING AT LEAST ONE FOUR-YEAR COLLEGE ACCEPTANCE WITH FULL FINANCIAL NEEDS MET. 4348924 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 11 0 66 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 NY X X BETTY CHOI 7184553555 710 EAST 37TH STREET BROOKLYN NY 11203 WILLIAM HENSON PRESIDENT EXECUTIVE OFFICER, EFF. 07/2022 40.00 X X 109000 0 11673 PAUL SCARIANO CHAIRMAN, EFF. 10/2022 1.00 X X 0 0 0 ROBERT CATELL CHAIRMAN, THRU 10/2022 1.00 X X 0 0 0 CATHERINE FLAX VICE CHAIR 1.00 X 0 0 0 IAN RUDDLE TREASURER, THRU 09/2022 1.00 X X 0 0 0 DANIEL GEOGHAN SECRETARY 1.00 X 0 0 0 ERIC M HELLIGE SECRETARY, THRU 09/2022 1.00 X X 0 0 0 MICHAEL BASTON BOARD MEMBER 1.00 X 0 0 0 NICHOLAS CAIAZZO BOARD MEMBER 1.00 X 0 0 0 SISTER ELIZABETH CALFAPIETRA BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER FEBLES BOARD MEMBER 1.00 X 0 0 0 FR SEAN HAGERTY SJ BOARD MEMBER 1.00 X 0 0 0 ANDREW T HUGHES BOARD MEMBER, THRU 09/2022 1.00 X 0 0 0 MARTIN ESTEVERENA BOARD MEMBER, THRU 08/2022 1.00 X 0 0 0 THOMAS F FLOOD BOARD MEMBER 1.00 X 0 0 0 BRIAN FOLEY BOARD MEMBER, THRU 09/2022 1.00 X 0 0 0 JOSEPH GUATELLA BOARD MEMBER 1.00 X 0 0 0 VINCENT LEVIEN BOARD MEMBER 1.00 X 0 0 0 JOAN MURPHY BOARD MEMBER 1.00 X 0 0 0 TED PETRONE BOARD MEMBER 1.00 X 0 0 0 BRIAN J SMITH BOARD MEMBER 1.00 X 0 0 0 ROBERT SUMBERAC BOARD MEMBER 1.00 X 0 0 0 WALTER VOYTUS BOARD MEMBER 1.00 X 0 0 0 MARK WILLIS BOARD MEMBER 1.00 X 0 0 0 TERRY YARDE BOARD MEMBER 1.00 X 0 0 0 IVAN CHARLES DIRECTOR OF OPERATIONS 40.00 X 107455 0 969 DEANNA PHILIPPE PRINCIPAL 40.00 X 127144 0 12100 WILLIAM FORD FORMER PRESIDENT/EXECUTIVE OFFICER 0.00 X 62013 0 21170 405612 0 45912 3 1 0 0 ACQUISTA FOOD SERVICE 178-01 UNION TURNPIKE QUEENS NY 11366 FOOD SERVICES 233978 TAX CREDIT COMPANY PO BOX 841941 LOS ANGELES CA 900841971 CONSULTING SERVICES 107652 2 160483 973006 111984 2775869 172185 4021342 TUITION 611710 727953 727953 CAFETERIA INCOME 611710 214706 214706 NEW YORK MANDATED SERV 611710 160782 160782 1103441 2002 2002 36492 6370 30122 30122 30122 140098 160483 102715 37383 37383 REIMBURSEMENTS & FEES 900099 85282 85282 85282 5279572 1103441 0 154789 295822 295822 258172 258172 2382554 2199803 118247 64504 235289 202364 27066 5859 216166 184996 25814 5356 92940 92940 31900 31900 82650 82650 421550 409086 8684 3780 7101 7101 83852 43093 26052 14707 17877 17877 200985 200985 3205 2734 471 7048 7048 31778 31778 50000 50000 136564 136564 71052 71052 COLLEGE VISIT AND CAMPU 264744 264744 REPAIR AND MAINTENANCE 121748 121748 TRANSPORTATION AND FEES 50046 50046 STUDENT TESTING AND TES 29997 29997 53626 25073 17744 10809 5146666 4348924 610077 187665 205546 111478 535866 1781559 2349036 1457211 264198 55936 112 6364 15447681 395986 735513 15051695 110397 63607 0 30336 4200668 18558186 702847 465271 372158 106398 0 11000000 60615 0 1135620 11571669 X 930303 5445398 2134745 1541119 3065048 6986517 4200668 18558186 X 132906 3958300 -169737 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1031538 1031538 7200000 6530310 47871 13682439 685833 348115 337718 15051695 X 9471429 3958300 15000 634116 4607416 4864013 415559 415559 5279572 5490456 15000 574612 589612 4900844 245822 245822 5146666 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO CRISTO REY BROOKLYN CORPORATE WORK STUDY PROGRAM 525,031. FUNDRAISING EXPENSE RECLASSED TO PART VIII, LINE 8B 102,715. RENTAL EXPENSES RECLASSED TO PART VIII, LINE 6B 6,370. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON ABANDONMENT OF ASSETS 141,740. LOSS ON UNCOLLECTIBLE PLEDGES 27,997. TUITION ASSISTANCE 245,822. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO CRISTO REY BROOKLYN CORPORATE WORK STUDY PROGRAM 465,527. FUNDRAISING EXPENSE RECLASSED TO PART VIII, LINE 8B 102,715. RENTAL EXPENSES RECLASSED TO PART VIII, LINE 6B 6,370. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 245,822. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN CRISTO REY BROOKLYN HIGH SCHOOL'S PROMOTIONAL AND EMPLOYEE MATERIALS AND OTHER PRINTED MEDIA RELATIONS TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES AS WELL AS POSTING THE NONDISCRIMINATORY POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 STUDENTS ATTENDED ARE ELIGIBLE TO APPLY FOR FREE AND REDUCED LUNCH. THE SCHOOL RECORDED REVENUE RELATED TO THE EMPLOYEE RETENTION TAX CREDIT WHICH WAS ESTABLISHED AS PART OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (THE "CARES" ACT). X X X X 1 DMD CONSULTING 52 REID AVENUE PORT WASHINGTON NY 11050 GRANT WRITING 0 620000 82650 537350 620000 82650 537350 NY GALA 300581 160483 140098 10218 72917 19580 300581 160483 140098 10218 72917 19580 102715 37383 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS ARE FOR SERVICES TO THE ORGANIZATION. 1 DELOITTE FOUNDATION SCHOLARSHIP 7 50000 TUITION ASSISTANCE 226 245822 PART I, LINE 2: ALL APPLICANTS ARE REQUIRED TO PROVIDE THEIR PARENTS' W-2 AND TAX RETURN. THIS INFORMATION IS THEN INPUT INTO THE FINANCIAL AID CALCULATION PROVIDED BY THE THIRD PARTY VENDOR FACTS AND THEN SUBMITTED TO FACTS FOR ASSESSMENT AND CALCULATION OF FUNDS AVAILABLE FOR TUITION. THE AMOUNT OF TUITION ASSISTANCE, IF ANY, PROVIDED TO THE STUDENT IS DETERMINED BASED ON THE PROJECTED AVAILABLE NET INCOME OF THE PARENTS. THE STUDENT IS THEREBY CHARGED THE REDUCED TUITION, THE MAXIMUM AMOUNT OF WHICH IS ALREADY SIGNIFICANTLY DISCOUNTED RELATIVE TO THE ACTUAL COST OF EDUCATION. COLLEGE SCHOLARSHIPS - FUNDS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION ON BEHALF OF THE STUDENTS. THE DELOITTE FOUNDATION SCHOLARSHIP IS TO ASSIST SENIORS WHO ARE GRADUATING AND HAVE BEEN ADMITTED TO COLLEGES AND WHO ARE INTENDING TO PURSUE MAJORS IN ACCOUNTING, FINANCE, ECONOMICS,ENGINEERING, COMPUTER ENGINEERING, COMPUTER SCIENCE, INFORMAION SYSTEMS, INFORMATON SYSTEMS, INFORMATION TECHNOLOGY, DATA SCIENCE, DATA ANALYTICS OR MATH. X X 0 0 0 0 0 0 0 0 0 WILLIAM FORD FORMER PRESIDENT/EXECUTIVE OFFICER 62013 0 0 0 0 0 0 0 21170 0 83183 0 0 0 X 1 3700 DONATED VALUE X 4 116408 AVG. SELLING PRICE X 160 COST X CHROMEBOOKS 84 33595 COST X XEROX COPIER WITH TONERS 1 6415 COST X MATERIALS FOR GYM CONSTRUCTION 12 5549 COST X VACATION PACKAGES 2 3600 COST X TICKETS 2 1100 COST X GOLF OUTING 1 1000 COST X OTHER 2 658 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN B. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS JOAN MURPHY AND IAN RUDDLE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B CRISTO REY BROOKLYN HIGH SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS CREATED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE PRESIDENT, DIRECTOR OF OPERATIONS, FINANCE MANAGER, AND THE FINANCE COMMITTEE ON THE BOARD AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS DISTRIBUTED ELECTRONICALLY TO THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. ANY COMMENTS MADE BY THE GOVERNING BODY ARE PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD AND THE PRESIDENT. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, OR KEY EMPLOYEE WHO HAS AN INTEREST IN A RELATED PARTY TRANSACTION SHALL DISCLOSE IN GOOD FAITH TO THE BOARD, OR AN AUTHORIZED COMMITTEE THEREOF, THE MATERIAL FACTS CONCERNING SUCH INTEREST. ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST SHALL BE DISCLOSED FULLY AND IN A TIMELY WAY TO THE BOARD OF DIRECTORS THROUGH THE ANNUAL DISCLOSURE FORM AND WHENEVER A CONFLICT ARISES. THOSE INVOLVED ARE EXPECTED TO DISCLOSE ALL MATERIAL FACTS OF ANY MATTERS THAT MAY INVOLVE CONFLICTS OF INTEREST OR TRANSACTIONS PERCEIVED BY OTHERS TO RAISE QUESTIONS ABOUT POTENTIAL CONFLICTS BEFORE ANY ACTION IS TAKEN ON THE MATTER EVEN IF THE RELATED PARTY DOES NOT BELIEVE THAT AN ACTUAL CONFLICT EXISTS. NO RELATED PARTY MAY PARTICIPATE IN DELIBERATIONS OR VOTING RELATING TO MATTERS SET FORTH IN THIS POLICY. HOWEVER, NOTHING IN THIS POLICY PROHIBITS THE BOARD OR AUTHORIZED COMMITTEE FROM REQUESTING THAT A RELATED PARTY PRESENT INFORMATION CONCERNING THE POTENTIAL CONFLICT OF INTEREST OR RELATED PARTY TRANSACTION AT A BOARD OR COMMITTEE MEETING PRIOR TO THE COMMENCEMENT OF DELIBERATIONS OR VOTING RELATING THERETO. ANY ATTEMPT BY THE PERSON WITH THE CONFLICT TO INFLUENCE IMPROPERLY THE DELIBERATION OR VOTING ON THE MATTER GIVING RISE TO SUCH CONFLICT IS PROHIBITED. THE DISINTERESTED MEMBERS OF THE BOARD SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). THE EXISTENCE AND RESOLUTION OF THE CONFLICT SHALL BE DOCUMENTED IN THE CORPORATION'S RECORDS, INCLUDING IN THE MINUTES OF ANY MEETING AT WHICH THE CONFLICT WAS DISCUSSED OR VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD ANNUALLY AND INDEPENDENTLY DECIDES THE ANNUAL COMPENSATION OF THE SCHOOL'S PRESIDENT. THE BOARD CONSIDERS THE COMPENSATION OF SIMILAR EMPLOYEES AT OTHER CRISTO REY NETWORK SCHOOLS BASED ON THE ANNUAL DATA REPORTS THAT THE NETWORK RELEASES AS WELL AS LOCAL MARKET COMPARABLE. FORM 990, PART VI, LINE 15B THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS AT CRISTO REY BROOKLYN HIGH SCHOOL IS PROPOSED BY THE PRESIDENT AS PART OF THE ANNUAL BUDGET PROCESS AND IS REVIEWED AND APPROVED INITIALLY BY THE BOARD'S FINANCE COMMITTEE AND ULTIMATELY BY THE BOARD OF DIRECTORS OF THE SCHOOL REVIEWING GUIDELINES, PERFORMANCE, CURRENT COMPENSATION, AVAILABLE RESOURCES AND COMPARABLE DATA FROM SIMILAR SCHOOLS. THIS PROCESS WAS RECORDED IN THE MINUTES OF THE BOARD OF DIRECTORS MEETING IN FY 2022 AND HAS BEEN FOLLOWED SINCE THEN. FORM 990, PART VI, SECTION C, LINE 19 CRISTO REY BROOKLYN HIGH SCHOOL MAKES ITS FORM 990, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XI, LINE 9: LOSS ON ABANDONMENT OF ASSETS -141,740. LOSS ON UNCOLLECTIBLE PLEDGES -27,997. FORM 990, PART XII, 2C THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CRISTO REY BROOKLYN CORPORATE WORK STUDY PROGRAM 710 EAST 37TH STREET BROOKLYN NY 11203 262989325 WORKSTUDY/ON THE JOB TRAINING NY 501(C)(3) LINE 10 CRISTO REY BROOKLYN HIGH SCHOOL 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 CRISTO REY BROOKLYN CORPORATE WORK STUDY PROGRAM C 973006 BOOK CRISTO REY BROOKLYN CORPORATE WORK STUDY PROGRAM O 434896 BOOK