2024-05-20T15:16:49-05:00 2023-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-07-01 743162136 LION CHARTER SCHOOL FKA HYDE LEADERSHIP CHARTER SCHOOL LION 7189915500 730 BRYANT AVENUE 4TH FLOOR BRONX NY 10474 SHERRIE HENRY CHIEF OPERATING OFFICER 7189915500 2024-05-15 1 SHERRIE HENRY 999009999 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X SHERRIE HENRY 730 BRYANT AVENUE 4TH FLOOR BRONX NY 10474 26425434 0 X WWW.LIONCHARTERSCHOOL.ORG X 2006 NY TO DEVELOP THE DEEPER CHARACTER AND UNIQUE POTENTIAL OF EACH STUDENT. 8 8 277 8 0 0 4887398 6352611 18942930 19862420 9470 180275 35100 30128 23874898 26425434 0 0 0 0 19198934 21475889 0 0 455630 4352620 4747740 23551554 26223629 323344 201805 21159276 20274955 15265911 13764473 5893365 6510482 X LEADERS IN OUR NEIGHBORHOOD CHARTER SCHOOL'S MISSION IS TO DEVELOP THE CHARACTER OF EACH STUDENT. WE UNITE STUDENTS, FAMILIES, AND STAFF IN HELPING EACH INDIVIDUAL ACHIEVE THEIR BEST ACADEMICALLY, IN SPORTS, THE ARTS, AND SERVICE TO THE COMMUNITY. WE BELIEVE THAT PASSION FOR LEARNING, SELF-DISCOVERY, LEADERSHIP SKILLS, AND SOCIAL CONSCIENCE ARE THE FOUNDATION FOR SUCCESS IN COLLEGE AND FULFILLMENT IN LIFE. 0 0 21888966 19892548 K-12 ACADEMIC AND CHARACTER EDUCATION PROGRAM: LION SERVED APPROXIMATELY 963 STUDENTS DURING THE 2022-2023 SCHOOL YEAR. OUR PARENTS ARE COMMITTED TO OUR SCHOOL AND OUR PROGRAM OF FAMILY-BASED CHARACTER EDUCATION. 21888966 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 277 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X CELIA SOSA CHIEF EXECUTIVE OFFICER 7189915500 730 BRYANT AVENUE 4TH FLOOR BRONX NY 10474 CHAVON SUTTON TRUSTEE (OUTGOING) 5.00 X 0 0 0 DAVID SCHATSKY TRUSTEE 5.00 X 0 0 0 DEBORAH DUMONT TRUSTEE 5.00 X 0 0 0 HERBERT B FIXLER TREASURER 15.00 X X 0 0 0 HERBERT M KAPLAN SECRETARY (OUTGOING) 10.00 X X 0 0 0 JOHN ESPINOZA TRUSTEE (OUTGOING) 5.00 X 0 0 0 MAUREEN SINGER TREASURER (OUTGOING) 5.00 X X 0 0 0 NICHOLAS A OBER SECRETARY 5.00 X X 0 0 0 RUTH JARMUL TRUSTEE 5.00 X 0 0 0 SUSAN E FINE TRUSTEE 5.00 X 0 0 0 THOMAS K STURTEVANT TRUSTEE 5.00 X 0 0 0 TONY STOUPAS CHAIR 5.00 X X 0 0 0 CELIA SOSA CHIEF EXECUTIVE OFFICER 40.00 X 321153 0 44800 STEPHEN TROWBRIDGE CFO & COO 40.00 X 244416 0 33468 LEX ZAIN CHIEF ACADEMIC OFFICER 40.00 X 235674 0 31138 ADA GARCIA MIDDLE SCHOOL DIRECTOR 40.00 X 153715 0 24129 CHRISTINE MOLOUGHNEY-FROMAN ELEMENTARY SCHOOL DIRECTOR 40.00 X 171374 0 30713 MATTHEW HITTENMARK HIGH SCHOOL ASST. DIRECTOR 40.00 X 157590 0 16255 MAYA SERVERNS DEAN OF SCHOOL LIFE 40.00 X 143423 0 30095 ROBERT RODNER DIRECTOR OF OPERATIONS 40.00 X 138974 0 33345 1566319 0 243943 37 0 1 0 0 5473684 878927 6352611 STATE & LOCAL PER PUPIL OPER. REV 900099 19862420 19862420 19862420 180275 180275 REIMBURSABLE EXPENSE 900099 17092 17092 OTHER SALES 900099 12630 12630 MISC INCOME 900099 406 406 30128 26425434 19892548 0 180275 912128 643947 268181 16564938 14203031 2078000 283907 516541 429721 74754 12066 1884072 1563643 277564 42865 1598210 1315854 247446 34910 60679 60679 65023 65023 115401 42105 64239 9057 160193 63466 83533 13194 435139 342839 86250 6050 264607 79846 183201 1560 237666 215085 21684 897 558496 480016 45454 33026 453947 453947 565504 436043 129198 263 191652 101922 88307 1423 INSTRUCTIONAL SUPPLIES 567302 567302 PROFESSIONAL DEV. 379630 360374 19256 INSTRUCTIONAL SUPPORT 221984 221984 OTHER ADM. SUPPORT 174801 137334 21211 16256 295716 230507 65053 156 26223629 21888966 3879033 455630 150085 155546 8939114 1793346 1115458 2747028 18628 18628 179024 253591 15347379 5048967 10614550 10298412 4163454 142417 844950 21159276 20274955 1615850 1502673 12826239 12256704 823822 5096 15265911 13764473 X 5893365 6293882 216600 5893365 6510482 21159276 20274955 X 201805 71779 343533 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1750000 1750000 9110280 1121914 7988366 473809 273622 200187 546286 467085 79201 3467004 3186346 280658 10298412 INTEREST RATE SWAP LIABILITY 5096 5096 X 26497213 71779 71779 26425434 0 26425434 26223629 0 26223629 0 26223629 PART X, LINE 2: THE SCHOOL BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS ADOPTED THE NONDISCRIMINATORY POLICY OF THE NEW YORK CITY PUBLIC SCHOOLS AND AND SUCH POLICY IS DISCLOSED ON ITS SOLICITATION AND REGISTRATION MATERIALS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED FEDERAL FUNDS FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. X X X 0 0 0 0 0 0 0 1 0 CELIA SOSA CHIEF EXECUTIVE OFFICER 281919 0 39025 0 209 0 13780 0 31020 0 365953 0 0 0 STEPHEN TROWBRIDGE CFO & COO 230769 0 12500 0 1147 0 10608 0 22860 0 277884 0 0 0 LEX ZAIN CHIEF ACADEMIC OFFICER 216418 0 19100 0 156 0 10608 0 20530 0 266812 0 0 0 CHRISTINE MOLOUGHNEY-FROMAN ELEMENTARY SCHOOL DIRECTOR 163675 0 7500 0 199 0 8333 0 22380 0 202087 0 0 0 ADA GARCIA MIDDLE SCHOOL DIRECTOR 140137 0 13500 0 78 0 7125 0 17004 0 177844 0 0 0 MATTHEW HITTENMARK HIGH SCHOOL ASST. DIRECTOR 149995 0 7500 0 95 0 7417 0 8838 0 173845 0 0 0 MAYA SERVERNS DEAN OF SCHOOL LIFE 129868 0 13500 0 55 0 6461 0 23634 0 173518 0 0 0 ROBERT RODNER DIRECTOR OF OPERATIONS 132341 0 6500 0 133 0 6567 0 26778 0 172319 0 0 0 PART I, LINE 7 ALL BONUSES ARE APPROVED BY THE EXECUTIVE DIRECTOR, ANY BONUSES AWARDED TO THE EXECUTIVE DIRECTOR ARE APPROVED BY THE BOARD OF TRUSTEES. A BUILD NYC RESOURCE CORPORATION 454045061 2017-12-15 15250000 FINANCE THE ACQUISITION OF HIGH SCHOOL LOCATED AT 830 HUNST POINT AVE 0 0 0 A 15250000 555716 14694284 2017 0 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 0 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. PRIOR TO FILING WITH THE IRS, THE ORGANIZATION PROVIDES A DRAFT FORM 990 FOR REVIEW TO ITS BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C BEFORE A BOARD MEMBER IS INSTATED, THEY COMPLETE A CONFLICTS OF INTEREST DISCLOSURE FORM AND EVERY YEAR AFTER EACH TRUSTEE COMPLETES A DISCLOSURE FORM WHICH IS MADE AVAILABLE TO ALL THE BOARD OF TRUSTEES TO REVIEW. THE DISCLOSURE FORMS ARE EXECUTED IN CONNECTION WITH THE COMPLETION OF THE ANNUAL REPORT AT THE END OF THE FISCAL YEAR. IF WHENEVER A POSSIBLE BUSINESS TRANSACTION ARISES THAT WOULD POTENTIALLY REPRESENT A CONFLICT OF INTEREST, IT IS REVIEWED BY THE COO AND PRESENTED TO THE FINANCE COMMITTEE AND/OR CHAIRMAN (ASSUMING THE CHAIRMAN IS NOT THE ONE INVOLVED WITH THE TRANSACTION). FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES MAKES ALL COMPENSATION DECISIONS FOR THE EXECUTIVE DIRECTOR, AND CONDUCTS AN ANNUAL EVALUATION BASED ON AGREED UPON MEASURABLE GOALS RELATED TO PROGRAMS, PEOPLE, CULTURE, AND FISCAL MANAGEMENT. SOME ASPECTS OF THE EXECUTIVE DIRECTOR'S COMPENSATION ARE DECIDED ON AN ANNUAL BASIS AND OTHERS MAY HAVE BEEN AGREED UPON WITHIN AN OFFER LETTER AGREEMENT. IN THE END, THE BOARD CHAIR IN CONSULTATION WITH THE EDUCATION COMMITTEE EVALUATES PERFORMANCE AND MAKES A RECOMMENDATION TO THE BOARD OF TRUSTEES WHO MAKE THE ULTIMATE DECISIONS. 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. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: GAIN ON A SWAP AGREEMENT 343,533. FORM 990, PART XIII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.