Bronx Arts And Science Charter School
- Assets
- $2.9m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 39
- Location
- Fair Lawn, NJ
- Founding
- 02/2020
- Data as of
- 06/2022
- EIN
- 83-2495004
Organization Overview
Bronx Arts And Science Charter School is located in Fair Lawn, NJ. The organization was established in 2020. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Bronx Arts And Science Charter School employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronx Arts And Science Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Bronx Arts And Science Charter School generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $5.9m during the year ending 06/2022. While expenses have increased by 14.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BRONX ARTS AND SCIENCE CHARTER SCHOOL IS TO PROVIDE A HIGH QUALITY STEM-BASED EDUCATION IN A DIGITAL LEARNING ENVIRONMENT TO EMPOWER STUDENTS TO MEET AND SURPASS GRADE LEVEL STANDARDS AND SUCCEED IN COLLEGE AND CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRONX ARTS AND SCIENCE CHARTER SCHOOL AIMS TO PROVIDE THE IDEAL ENVIRONMENT FOR THE INTELLECTUAL AND SOCIAL DEVELOPMENT OF ITS STUDENTS, UTILIZING THE COMBINED EFFORT OF STUDENTS, EDUCATORS, FAMILIES, AND THE COMMUNITY AS A WHOLE BY PROVIDING BOUNDLESS ACADEMIC AND CO-CURRICULAR OPPORTUNITIES FOR INDIVIDUAL SKILLS AND TALENTS TO DEVELOP. FROM THE INCEPTION OF THE SCHOOL, STUDENTS HAVE BEEN PROVIDED A MULTITUDE OF OPPORTUNITIES EXGTENDED TO THEM THAT HAVE GUIDED THEM ON A PATH OF SUCCESS. OUR MISSION AND VISION CONSIDER THE EDUCATIONAL GOALS THAT THE NEW YORK DEPARTMENT OF EDUCATION HAS ESTABLISHED FOR ALL STUDENTS. OUR MISSION AND VISION IS IN DIRECT ALIGNMENT WITH THE SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH (STEAM) PHILOSOPHY. STEAM IS AN INTERDISCIPLINARY EDUCATIONAL PHILOSOPHY THAT IS STRONGLY GROUNDED IN, AND SUPPORTED BY EDUCATIONAL RESEARCH. THROUGH CHALLENGING, PROJECT-BASED LEARNING EXPERIENCES, CORE COMPETENCIES ARE LEARNED AND EVIDENCED BY STUDENTS. STEAM CHALLENGES OUR STUDENTS TO NOT ONLY LEARN THE CONTENT STANDARDS BUT ALSO TO APPLY THIS NEW KNOWLEDGE OF 21ST. CENTURY SKILLS AND DISCOVERIES TO TACKLE EVOLVING REAL-WORLD CHALLENGES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Turan Balik School Director | 40 | $106,714 | |
Mustafa Coban Secretary | OfficerTrustee | 3 | $0 |
Adaline Walker Santiago President | Trustee | 3 | $0 |
Keith Taylor Vice President/treasurer | Trustee | 3 | $0 |
Myrna Calderon Trustee | Trustee | 3 | $0 |
Fitore Balidemaj Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cdw Government School Equipment | 6/29/20 | $109,350 |
Nickerson Corp School Furniture | 6/29/20 | $238,795 |
Nickerson Corp School Furniture | 6/29/20 | $238,795 |
Technotime Business Solutions Information Systems | 6/29/20 | $143,761 |
Cdw Government School Equipment | 6/29/20 | $109,350 |
Technotime Business Solutions Information Systems | 6/29/20 | $143,761 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,422,849 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,422,849 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,457,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,282 |
| Compensation of current officers, directors, key employees. | $6,276 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,262,613 |
| Pension plan accruals and contributions | $50,229 |
| Other employee benefits | $255,579 |
| Payroll taxes | $132,511 |
| Fees for services: Management | $635,137 |
| Fees for services: Legal | $5,278 |
| Fees for services: Accounting | $19,885 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $330,875 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $6,870 |
| Royalties | $0 |
| Occupancy | $1,414,364 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,683 |
| Insurance | $50,737 |
| All other expenses | $26,745 |
| Total functional expenses | $5,902,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,908,864 |
| Savings and temporary cash investments | $75,000 |
| Pledges and grants receivable | $629,257 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $183,001 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $124,099 |
| Total assets | $2,920,221 |
| Accounts payable and accrued expenses | $104,904 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,293 |
| Total liabilities | $133,197 |
| Net assets without donor restrictions | $2,787,024 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,920,221 |
Peer Organizations
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|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Albany Academy Albany, NY | $58,726,077 | $27,181,105 |
Tatnall School Inc Wilmington, DE | $48,687,568 | $19,526,911 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Nichols School Of Buffalo Buffalo, NY | $102,003,479 | $42,213,694 |
Yeshiva Shaare Torah Inc Brooklyn, NY | $32,363,623 | $20,724,747 |
Yeshivat Heatid Inc Teaneck, NJ | $17,160,980 | $19,921,065 |
Ideal School Of Manhattan New York, NY | $22,538,816 | $19,239,739 |
Peck School Morristown, NJ | $71,516,691 | $18,101,005 |