2025-01-17T12:48:56-06:00 2024-06-30 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2023-07-01 271936773 INWOOD ACADEMY FOR LEADERSHIP CHARTER SCHOOL % JENNY PICHARDO INWO 2123040103 3896 10TH Avenue New York NY 10034 JENNY PICHARDO CFO/COO 2123040103 2025-01-17 true true Paul Hammerschmidt P01384178 2128858000 2025-01-06 2023 2024-10-15 13:58:12Z CHRISTINA REYES 3896 10TH Avenue New York NY 10034 26931858 false X WWW.INWOODACADEMY.ORG X 2009 NY TO EMPOWER STUDENTS IN UPPER MANHATTAN TO BECOME AGENTS FOR CHANGE THROUGH COMMUNITY-FOCUSED LEADERSHIP, CHARACTER DEVELOPMENT, & COLLEGE PREPAREDNESS. 12 12 227 13 0 0 1599725 187860 25846005 26483509 154822 260042 10215 447 27610767 26931858 0 0 0 0 15758727 17548895 0 0 365502 12198170 11912678 27956897 29461573 -346130 -2529715 67157920 62953801 55741243 54066839 11416677 8886962 TO EMPOWER STUDENTS IN THE INWOOD AND WASHINGTON HEIGHTS AREA OF NEW YORK CITY TO BECOME AGENTS FOR CHANGE THROUGH COMMUNITY-FOCUSED LEADERSHIP, CHARACTER DEVELOPMENT, AND COLLEGE PREPAREDNESS. false false 21469862 0 26483509 INWOOD ACADEMY FOR LEADERSHIP'S ACADEMIC PROGRAM IS DESIGNED TO INSPIRE STUDENTS' INTELLECTUAL CURIOSITY AND CONFIDENCE. OUR PROGRAM UTILIZES THE CORE KNOWLEDGE PROGRAM TO PAIR CONTENT KNOWLEDGE WITH SKILLS DEVELOPMENT. ALL INWOOD ACADEMY FOR LEADERSHIP SCHOLARS TAKE CLASSES IN FOUR CORE SUBJECTS - ENGLISH LANGUAGE ARTS, SCIENCE, SOCIAL STUDIES AND MATHEMATICS - AS WELL AS ART, SPANISH, MUSIC, WRITING, PHYSICAL EDUCATION AND HEALTH. 21469862 true false 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 false false false false false false false false false true 29 0 true 227 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false X JENNY PICHARDO 2123040103 3896 10TH AVENUE New York NY 10034 X CHRISTINA REYES FOUNDER & CEO 40.0 0.0 X 232926 0 11430 JENNY PICHARDO COO/CFO 40.0 0.0 X 221604 0 4314 BIANCA MERCEDES CHIEF SCHOOLS OFFICER 40.0 0.0 X 186942 0 9875 HOEK CHOI High School Director 40.0 0.0 X 175553 0 8446 MARY HACKETT DIRECTOR OF SCHOOL CULTURE 40.0 0.0 X 154885 0 7669 ERICA REYES DIRECTOR OF TALENT MANAGEMENT 40.0 0.0 X 142368 0 7631 STEVEN BRADY AP, HUMANITIES 40.0 0.0 X 137588 0 6785 JASON MARCHENA Director of Athletics 40.0 0.0 X 136348 0 6855 MAXWELL ROSENTHAL CHAIRMAN/BOARD MEMBER 1.0 0.0 X X 0 0 0 KATHLEEN MANGUAL VICE CHAIR 1.0 0.0 X X 0 0 0 JHOSELYN ALMONTE SECRETARY 1.0 0.0 X X 0 0 0 STEVE MLYNAR TREASURER 1.0 0.0 X X 0 0 0 JAY PATRICK BOARD MEMBER 1.0 0.0 X 0 0 0 JOANN LOONEY BOARD MEMBER 1.0 0.0 X 0 0 0 SHUVI SANTO BOARD MEMBER 1.0 0.0 X 0 0 0 VIC SINGH BOARD MEMBER 1.0 0.0 X 0 0 0 KATH SMITH BOARD MEMBER 1.0 0.0 X 0 0 0 CARLOS TALERO BOARD MEMBER 1.0 0.0 X 0 0 0 BENJAMIN WILSON BOARD MEMBER 1.0 0.0 X 0 0 0 Reshma Khamis board member (EFF. 9/2023) 1.0 0.0 X 0 0 0 1388214 0 63005 24 false true false BAEM LEADERSHIP LLC 42 W 72ND STREET NEW YORK NY 10023 CONSULTING 181580 1 187860 187860 STATE & LOCAL PER PUPIL OPERATING REV. 900099 20960175 20960175 FEES FROM GOVERNMENT CONTRACTS 900099 5523334 5523334 26483509 260042 260042 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER REVENUE 900099 447 447 447 26931858 26483509 0 260489 0 0 0 0 712327 582961 118317 11049 0 13762771 11263306 2285980 213485 342578 280362 56902 5314 1443771 1181567 239809 22395 1287448 1053634 213843 19971 0 87488 87488 97124 97124 0 0 0 1047448 820177 216968 10303 0 408813 39489 368576 748 318795 288433 27769 2593 0 243361 199164 40422 3775 0 0 0 2809918 1567760 1212443 29715 0 3723885 1300958 2398270 24657 167925 137428 27892 2605 STAFF DEVELOPMENT 946961 775437 156846 14678 EDUCATIONAL SUPPLES/MATERIALS 479586 479586 0 0 STUDENT SERVICES 464536 454468 10068 0 FOOD SERVICES 450559 450559 0 0 666279 594573 67492 4214 29461573 21469862 7626209 365502 5882264 2692014 6561953 6746696 1038172 1729780 6106 58772 0 0 0 0 0 0 0 0 15194 21356 26864933 9880459 16886416 16984474 0 0 0 0 0 0 0 0 36767815 34720709 67157920 62953801 371251 359755 0 0 0 0 16657100 16337023 0 0 0 0 0 0 0 0 38712892 37370061 55741243 54066839 X 11416677 8886962 0 0 11416677 8886962 67157920 62953801 -2529715 X false true X true true true X 23369223 7587910 15781313 2416642 1333180 1083462 1079068 959369 119699 16984474 RIGHT OF USE ASSETS 34220709 SECURITY DEPOSITS 500000 34720709 0 FINANCE LEASE LIABILITIES 36940778 DUE TO NYC DEPARTMENT OF EDUCATION 282119 ACCRUED INTEREST EXPENSE 147164 37370061 X 26931858 26931858 26931858 29461573 29461573 29461573 SCHEDULE D, PART X, LINE 2: UNDER U.S. GAAP, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE SCHOOL DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF JUNE 30, 2024, THE SCHOOL WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. true true true true false true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3: THE REPORTING ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON ALL CHARTER SCHOOL APPLICATIONS. IT READS "INWOOD ACADEMY FOR LEADERSHIP CHARTER SCHOOL IS A PUBLIC SCHOOL AND DOES NOT DISCRIMINATE IN ANY WAY INCLUDING ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, RELIGION, GENDER, ACADEMICS, OR DISABILITY". SCHEDULE E, PART I, LINE 4B: THE SCHOOL IS A TUITION-FREE PUBLIC SCHOOL AND AS SUCH NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE IS OFFERED. SCHEDULE E, PART I, LINE 6A: The School received approximately 78% of its total revenue from per pupil funding from the NEW YORK CITY DEPARTMENT OF EDUCATION FOR THE REPORTING PERIOD. X X X false false false false false false false true false CHRISTINA REYES FOUNDER & CEO 220296 0 12630 0 0 0 11430 0 0 0 244356 0 0 0 JENNY PICHARDO COO/CFO 210504 0 11100 0 0 0 4314 0 0 0 225918 0 0 0 MARY HACKETT DIRECTOR OF SCHOOL CULTURE 151885 0 3000 0 0 0 7669 0 0 0 162554 0 0 0 BIANCA MERCEDES CHIEF SCHOOLS OFFICER 176692 0 10250 0 0 0 9875 0 0 0 196817 0 0 0 HOEK CHOI High School Director 172553 0 3000 0 0 0 8446 0 0 0 183999 0 0 0 PART I, LINE 7 EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A RECEIVED A NON-FIXED BONUS PAYMENTS, WHICH WAS APPROVED BY THE BOARD. A BUILD NYC RESOURCE CORPORATION 454040561 2018-05-15 17560000 ACQUISITION/IMPROV. OF FACILITY false false false A 0 0 17676687 1225589 0 0 246384 0 0 0 0 0 2018 false false false false A false false false false 0 false false false false A false true false false false false 0 false 0 false true A true PART I, COLUMN (C): CUSIP#: 12008ENN2 12008ENQ5 12008ENP7 FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. THE FINANCE COMMITTEE REVIEWS THE 990 AND REPORTS TO THE GOVERNING BODY ON THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C: ANNUALLY, EVERY MEMBER OF THE BOARD OF TRUSTEES AND OFFICER SIGNS A CONFLICT OF INTEREST POLICY. IN EVENT A CONFLICT ARISES, AFFECTED INDIVIDUALS ARE REQUIRED TO RECUSE THEMSELVES FROM DISCUSSIONS AND/OR ABSTAIN FROM VOTING REGARDING MATTES INVOLVING POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15: A COMMITTEE OF THE BOARD EVALUATES THE EXECUTIVE LEADERSHIP'S COMPENSATION AND COMPENSATION OF OFFICERS IN CONJUNCTION WITH INFORMATION AVAILABLE REGARDING COMPARABLE POSITIONS. THE COMMITTEE UTILIZES SALARY INFORMATION FROM OTHER CHARTER SCHOOLS IN ITS DETERMINATION. THE INFORMATION IS INCLUDED IN THE ORGANIZATION'S ANNUAL BUDGET AND APPROVED BY THE BOARD DURING THE LAST BOARD MEETING OF EACH FISCAL YEAR. COMPENSATION DISCUSSIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.