2024-05-14T09:40:19-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 863339019 FRIENDS OF GCCS INC FRIE 6463602363 2350 FIFTH AVENUE NEW YORK NY 10037 WILLIAM HOLMES AUTHORIZED REPRESENTATIVE 6463602363 2024-05-09 1 WILLIAM HOLMES 999009999 0 JACQUELINE B LEE CPA P00842765 5854231860 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM HOLMES 2350 FIFTH AVENUE NEW YORK NY 10037 1723468 0 X N/A X 2021 NY TO CREATE AND SUPPORT EDUCATION ENRICHMENT PROGRAMS GEARED TO PREPARE STUDENTS OF GLOBAL COMMUNITY CHARTER SCHOOL (THE SCHOOL), A NEW YORK PUBLIC CHARTER SCHOOL, TO BECOME SUCCESSFUL STUDENTS AND RESPONSIBLE CITIZENS OF THE GLOBAL COMMUNITY. TO ASSIST WITH FINANCIAL SUSTAINING THE SCHOOL AND TO ASSIST IN THE MANAGEMENT AND MAINTENANCE OF FACILITIES ON BEHALF OF THE SCHOOL. 3 3 0 4 0 0 0 0 0 0 115 56204 7238 27188 7353 83392 0 0 0 0 0 0 0 0 0 159572 144553 159572 144553 -152219 -61161 5340065 21784517 5495966 22001579 -155901 -217062 X OUR MISSION IS TO CREATE AND SUPPORT EDUCATION ENRICHMENT PROGRAMS GEARED TO PREPARE STUDENTS OF GLOBAL COMMUNITY CHARTER SCHOOL TO BECOME SUCCESSFUL STUDENTS AND RESPONSIBLE CITIZENS OF THE GLOBAL COMMUNITY, TO PROMOTE COMMUNITY WITHIN THE PARENTS, STUDENTS, FACULTY AND SURROUNDING COMMUNITY OF THE SCHOOL, TO ASSIST WITH FINANCIALLY SUSTAINING THE SCHOOL, AND TO ASSIST IN THE ACQUISITION, DEVELOPMENT, IMPROVEMENT, MANAGEMENT, AND MAINTENANCE OF FACILITIES ON BEHALF OF THE SCHOOL. 0 0 107491 27188 FOR THE 2022-23 FISCAL YEAR, WE PROVIDED GLOBAL COMMUNITY CHARTER SCHOOL WITH SPACE FOR ITS GROWING MIDDLE SCHOOL PROGRAM. GRADES 6, 7 & 8 OCCUPIED ALL THREE FLOORS OF THE BUILDING. 107491 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 1 0 0 0 0 1 0 0 0 0 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 1 1 0 0 0 0 0 NY X THE ORGANIZATION 6463602363 2350 FIFTH AVENUE NEW YORK NY 10037 X ROBERT MOSER CHAIR 1.00 X X 0 0 0 DAMARIS HERRON TREASURER 1.00 X X 0 0 0 KENDRA BROOKS SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 EDGE 147 LLC 3 WEST 57TH STREET 8TH FL NEW YORK NY 10019 RENT 268333 SIGNATURE CONSTRUCTION GROUP 160 SEVENTH STREET BROOKLYN NY 11215 CONTRACTOR 180648 HAWKINS DELAFIELD & WOOD LLP WORLD TRADE CENTER 250 GREENWICH S NEW YORK NY 10007 LEGAL SERVICES 135000 BUILD NYC RESOURCE CORP 509 WEST 38TH STREET NEW YORK NY 10018 BOND ISSUANCE SERVICES 129450 COHEN SCHNEIDER LAW PC 275 MADISON AVE 1905 NEW YORK NY 10016 LEGAL SERVICES 125000 6 56204 56204 1667264 1640076 27188 27188 27188 83392 27188 0 56204 X 13289 13289 19553 19553 74113 74113 33378 33378 OTHER 4220 4220 144553 107491 37062 0 91856 74309 576557 5329 6162 18390566 214076 3649293 18176490 1017030 3527556 5340065 21784517 16153 120197 57500 0 20902476 3976038 440000 1446275 538906 5495966 22001579 X -155901 -217062 -155901 -217062 5340065 21784517 -61161 0 X X 0 1 X 1 0 X 0 0 11 115 56204 56330 56330 3224294 X PART II, SHORT YEAR EXPLANATION: FISCAL YEAR ENDING 6/30/2021 WAS THE ORGANIZATION'S FIRST YEAR FILING AND WAS A SHORT YEAR. 9440000 9440000 8743907 157302 8586605 67476 24521 42955 139183 32253 106930 18176490 DEFERRED LEASE RECEIVABLE 1254128 RESTRICTED CASH - BOND FUNDS 2273428 3527556 DUE TO GLOBAL COMMUNITY CHARTER SCHOOL 538906 538906 X 1723468 1640076 1640076 83392 0 83392 1784629 1640076 1640076 144553 0 144553 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND NEW YORK STATE. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSE 1,640,076. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSE 1,640,076. A BUILD NYC RESOURCE CORPORATION 454040561 12008ETC0 2022-08-18 2225000 TO PROVIDE CONSTRUCTION AND PERMANENT FINANCING 0 0 0 B BUILD NYC RESOURCE CORPORATION 454040561 12008ETD8 2022-08-18 5010000 TO PROVIDE CONSTRUCTION AND PERMANENT FINANCING 0 0 0 C BUILD NYC RESOURCE CORPORATION 454040561 12008ETE6 2022-08-18 8140000 TO PROVIDE CONSTRUCTION AND PERMANENT FINANCING 0 0 0 D BUILD NYC RESOURCE CORPORATION 454040561 12008ETF3 2022-08-18 5825000 TO PROVIDE CONSTRUCTION AND PERMANENT FINANCING 0 0 0 A 2277374 141555 43826 2014533 77460 0 0 0 1 B 5127931 318738 98683 4536095 174415 0 0 0 1 C 8331609 517869 160336 7370022 283381 0 0 0 1 D 5962115 370588 114737 5274002 202788 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 C 0 1 0 0 0 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARATION OF THE SCHOOL'S IRS FORM 990 WILL BE CONTRACTED OUT TO OUR INDEPENDENT ACCOUNTANTS. THE AUTHORIZED REPRESENTATIVE WILL BE RESPONSIBLE FOR PROVIDING THE INFORMATION NEEDED TO PREPARE THE REPORT. THE AUTHORIZED REPRESENTATIVE WILL REVIEW THE 990 DRAFT AND FORWARD TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL. THE BOARD APPROVES THE IRS FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO FILL OUT THE CONFLICT OF INTEREST DISCLOSURE FORM. AN INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO LEAVE THE ROOM WHILE THE MATTER IS DISCUSSED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON RECEIPT OF A WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 74,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,113. PART XII, LINE 2C THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS. FOGCCS 218 WEST 147TH STREET LLC 2350 5TH AVENUE NEW YORK NY 10037 MANAGE REAL ESTATE ASSETS NY 1179243 20465321 FRIENDS OF GCCS INC