2024-05-15T23:35:22-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 274626258 CHOICE CHARTER SCHOOL CHOI 3472269094 423 EAST 138TH STREET BRONX NY 10454 ABEKU HAYES PRINCIPAL 3472269094 2024-05-15 1 ABEKU HAYES 999009999 1 GARRETT M HIGGINS P00543209 2122862600 2024-05-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ABEKU HAYES 423 EAST 138TH STREET BRONX NY 10454 6824030 0 X WWW.NYCMCS.ORG X 2010 NY THE SCHOOL OFFERS AN ALTERNATIVE METHOD OF EDUCATION IN THE SOUTH BRONX COMMUNITY. 7 7 68 7 0 0 1581662 1029658 5546876 5759387 120 0 0 34985 7128658 6824030 0 0 0 0 3929186 4046457 0 0 0 2842393 2918105 6771579 6964562 357079 -140532 2123787 8498276 523092 7038113 1600695 1460163 X NEW YORK CITY MONTESSORI CHARTER SCHOOL IS AN ELEMENTARY SCHOOL IN THE SOUTH BRONX NEIGHBORHOOD OF NEW YORK THAT WILL EMPOWER ITS CHILDREN TO BE CRITICAL THINKERS AND CREATIVE PROBLEM SOLVERS WITH STRONG SOCIAL SKILLS SO THAT THEY CAN SUCCEED IN THEIR WORLD TO LEARN IN THEIR PURSUIT OF HIGHER EDUCATION AS THEY PREPARE FOR CAREERS NEEDED IN THE 21ST CENTURY. 0 0 6132983 0 5759387 EDUCATION: THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 261 STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH FIFTH DURING THE 2022-2023 ACADEMIC YEAR. 6132983 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 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 0 0 0 1 X 7 0 68 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X YARA ORTIZ 3472269094 423 EAST 138TH STREET BRONX NY 10454 MARIA KEANE BOARD CHAIR 1.00 X X 0 0 0 JACQUELINE DISANTO VICE CHAIR 1.00 X X 0 0 0 HALDUN MULTU TREASURER 1.00 X X 0 0 0 NEAL GULYAKO SECRETARY 1.00 X X 0 0 0 DENISE CLAY TRUSTEE 1.00 X 0 0 0 ED TANZER TRUSTEE 1.00 X 0 0 0 JASON GARCIA TRUSTEE 1.00 X 0 0 0 ABEKU B HAYES PRINCIPAL 40.00 X 157870 0 10277 KRYSTAL ASTWOOD AP OF CURRICULUM & INSTRUCTION 40.00 X 125493 0 8730 283363 0 19007 2 0 1 0 CHARTER SCHOOL BUSINESS MANAGEMENT INC 425 EAST 79TH STREET SUITE 1F NEW YORK NY 10075 FINANCIAL SERVICES 159515 KATE PROPERTY LTD 7535 31ST AVENUE SUITE 201 EAST ELMHURST NY 11370 CLEANING SERVICES 131766 2 1023190 6468 18840 1029658 GOV'T PER-PUPIL REVENU 611000 5009954 5009954 FACILITIES REVENUE 611000 415506 415506 UNIVERSAL PRE-K - PER- 611000 333927 333927 5759387 MISCELLANEOUS INCOME 900099 34985 34985 34985 6824030 5759387 0 34985 178984 152136 26848 3069246 2830751 238495 449977 412949 37028 348250 319245 29005 2558 2558 52250 52250 395430 179767 215663 11159 10229 930 164066 150401 13665 51003 46755 4248 2005403 1838377 167026 58108 53268 4840 50281 46093 4188 SUPPLIES/ MATERIALS 90963 90963 BAD DEBT EXPENSE 34835 34835 STUDENT SERVICES 2049 2049 6964562 6132983 831579 0 555551 1008727 143356 143356 26250 0 948014 157628 59950 366305 1103653 845489 139238 258164 251428 6564096 2123787 8498276 522671 574698 421 157956 0 6305459 523092 7038113 X 1600695 1460163 1600695 1460163 2123787 8498276 -140532 0 X X 0 1 X 1 1 1 X 429502 255405 174097 387093 308167 78926 287058 281917 5141 258164 RIGHT OF USE ASSETS 6307254 SECURITY DEPOSITS 251806 RETAINER FUNDS 5036 6564096 OPERATING LEASE LIABILITIES 6305459 6305459 X 6824030 0 6824030 0 6824030 6964562 0 6964562 0 6964562 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 EXAMINATIONS 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 THROUGH 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 HAS VARIOUS FEDERAL, STATE, AND CITY FUNDING INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X 0 0 0 0 0 0 0 0 0 ABEKU B HAYES PRINCIPAL 157870 0 0 0 0 0 0 0 10277 0 168147 0 0 0 FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD THESE CHANGES TO THE PROFESSIONAL ACCOUNTING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES (IF ANY). ALL APPLICABLE INDIVIDUALS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT ANNUALLY, DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES OR COMMITTEE WITH BOARD DELEGATED POWERS. THE BOARD OF TRUSTEES AFFIRMS THAT THE TRUSTEES, OFFICERS, ADMINISTRATORS, FACULTY AND OTHER EMPLOYEES OF THE NYCMCS HAVE AN OBLIGATION TO EXERCISE THEIR AUTHORITY AND TO CARRY OUT THE DUTIES OF THEIR RESPECTIVE POSITIONS FOR THE SOLE BENEFIT OF THE NYCMCS. THEY SHOULD AVOID PLACING THEMSELVES IN POSITIONS IN WHICH THEIR PERSONAL INTEREST ARE OR MAY BE IN CONFLICT WITH THE INTERESTS OF THE NYCMCS. WHERE A POTENTIAL CONFLICT OF INTEREST EXISTS, IT SHALL BE THE RESPONSIBILITY OF THE PERSON INVOLVED OR ANY OTHER PERSON WITH KNOWLEDGE TO NOTIFY THE BOARD OF TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT SO THAT THE BOARD OF TRUSTEES CAN PROVIDE SUCH GUIDANCE AND TAKE SUCH ACTION AS IT DEEMS APPROPRIATE. AREAS OF POTENTIAL CONFLICT OF INTEREST INCLUDE FINANCIAL INTERESTS, INSIDE INFORMATION, CONFLICTING INTERESTS OTHER THAN FINANCIAL ONES AND GIFTS AND FAVORS. IN THE EVENT OF A CONFLICT OF INTEREST, THE BOARD MEMBERS WILL RECUSE THEMSELVES FROM VOTING UPON THESE MATTERS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES THE USE OF COMPARABLE DATA SUCH AS THE FORM 990 OF OTHER ORGANIZATIONS. AN ANNUAL REVIEW OF COMPENSATION, ACCOMPLISHMENTS AND SKILLS IS DONE BY THE BOARD. THE BOARD OF DIRECTORS REVIEWS THE COLLECTED DATA AND VOTES ON THE COMPENSATION. THE PROCESS LAST OCCURRED IN 2023, AND IS DOCUMENTED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS AN AUDIT/FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.