Form 990 for tax year 2023
Filed by BROOKLYN EMERGING LEADERS ACADEMY CHARTER SCHOOL.
Totals
- Total revenue
- $4,957,076
- Total expenses
- $5,523,307
- Contributions and grants received
- $4,921,847
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $7,197
- Other revenue
- $28,032
- Total assets, end of year
- $2,604,322
- Total liabilities, end of year
- $445,617
- Net assets or fund balances, end of year
- $2,158,705
- Program services expenses (Part IX)
- $4,490,812
- Management and general expenses
- $1,011,704
- Fundraising expenses
- $20,791
- Program service expenses (Part III)
- $4,490,812
Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$4,718,047
-
1f · All other contributions, gifts and grants
$203,800
-
3 · Investment income
total $7,197 · excluded $7,197
-
11a · Other revenue: MISC REVENUE
total $28,032 · excluded $28,032
-
11e · Other revenue, total
$28,032
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $399,410 · program services $339,499 · management and general $48,546 · fundraising $11,365
-
7 · Other salaries and wages
total $2,950,572 · program services $2,565,214 · management and general $379,606 · fundraising $5,752
-
8 · Pension plan contributions
total $87,835 · program services $76,389 · management and general $11,262 · fundraising $184
-
9 · Other employee benefits
total $337,377 · program services $292,980 · management and general $43,184 · fundraising $1,213
-
10 · Payroll taxes
total $283,323 · program services $245,722 · management and general $36,212 · fundraising $1,389
-
11a · Fees: management
total $167,835 · management and general $167,835
-
11b · Fees: legal
total $13,683 · management and general $13,683
-
11c · Fees: accounting
total $26,000 · management and general $26,000
-
11g · Fees: other
total $118,051 · program services $3,265 · management and general $114,786
-
13 · Office expenses
total $148,573 · program services $131,077 · management and general $16,981 · fundraising $515
-
22 · Depreciation, depletion and amortization
total $164,455 · program services $117,759 · management and general $46,696
-
23 · Insurance
total $76,129 · program services $66,024 · management and general $9,732 · fundraising $373
-
24a · Other expenses: CURRICULUM & CLASSROOM
total $288,214 · program services $288,214
-
24b · Other expenses: PROFESSIONAL DEVELOPMEN
total $197,364 · program services $162,133 · management and general $35,231
-
24c · Other expenses: FOOD SERVICES
total $117,397 · program services $117,397
-
24d · Other expenses: OTHER EXPENSES
total $82,877 · program services $28,034 · management and general $54,843
-
24e · All other expenses
total $64,212 · program services $57,105 · management and general $7,107
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,993,130 · end of year $1,033,769
-
2 · Savings and temporary cash investments
beginning of year $75,063 · end of year $128,472
-
3 · Pledges and grants receivable
beginning of year $573,204 · end of year $193,844
-
9 · Prepaid expenses and deferred charges
beginning of year $5,978 · end of year $17,537
-
10a · Land, buildings and equipment: cost or other basis
$1,028,347
-
10b · Land, buildings and equipment: accumulated depreciation
$874,537
-
10c · Land, buildings and equipment, net
beginning of year $271,569 · end of year $153,810
-
11 · Investments: publicly traded securities
end of year $986,490
-
15 · Other assets
beginning of year $137,096 · end of year $90,400
-
17 · Accounts payable and accrued expenses
beginning of year $232,001 · end of year $350,217
-
18 · Grants payable
end of year $4,475
-
25 · Other liabilities
beginning of year $136,263 · end of year $90,925
-
27 · Net assets without donor restrictions
beginning of year $2,619,639 · end of year $1,997,430
-
28 · Net assets with donor restrictions
beginning of year $68,137 · end of year $161,275
Mission and programs · 2023
Mission
BELA'S MISSION IS TO EMPOWER EACH YOUNG WOMAN TO BE THE BEST VERSION OF HERSELF. THROUGH A RIGOROUS COLLEGE PREPARATORY CURRICULUM, SERVICE LEARNING INITIATIVES, AND A COMMITMENT TO CULTIVATING A SPIRIT OF RESILIENCE WITHIN EACH YOUNG WOMAN, BELA STUDENTS WILL ATTEND AND GRADUATE FROM COLLEGE.
Activities or mission (Part I)
BELA'S MISSION IS TO EMPOWER EACH YOUNG WOMAN TO BE THE BEST VERSION OF HERSELF THROUGH A RIGOROUS COLLEGE PREPARATORY CURRICULUM, SERVICE LEARNING INITIATIVES, AND A COMMITMENT TO CULTIVATING A SPIRIT OF RESILIENCE.
-
BROOKLYN EMERGING LEADERS ACADEMY (BELA) WAS FOUNDED WITH A DEEP COMMITMENT TO EXPANDING EDUCATIONAL OPPORTUNITIES FOR THE YOUNG WOMEN OF THE BEDFORD-STUYVESANT COMMUNITY. ROOTED IN THE BELIEF THAT EVERY STUDENT POSSESSES BOUNDLESS POTENTIAL, BELA PROVIDES A TRANSFORMATIVE LEARNING ENVIRONMENT DESIGNED TO INSPIRE, CHALLENGE, AND EMPOWER.AT BELA, WE CULTIVATE A CULTURE OF EXCELLENCE THAT NURTURES INTELLECTUAL CURIOSITY, LEADERSHIP, AND RESILIENCE. OUR PROGRAM EQUIPS STUDENTS WITH THE ACADEMIC FOUNDATION AND PERSONAL CONFIDENCE NEEDED TO THRIVE IN HIGH SCHOOL, EXCEL IN COLLEGE, AND EMBARK ON FULFILLING CAREERS. BY FOSTERING A SUPPORTIVE AND DYNAMIC EDUCATIONAL EXPERIENCE, WE SET OUR STUDENTS ON A TRAJECTORY FOR LIFELONG SUCCESSENSURING THEY EMERGE AS LEADERS READY TO SHAPE THEIR COMMUNITIES AND THE WORLD.
Expenses $4,490,812
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Diane NathanialDIANE NATHANIAL
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Brenda CantyBRENDA CANTY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Michael LackwoodMICHAEL LACKWOOD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Iymaani AytesIYMAANI AYTES
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mellanie GarnerMELLANIE GARNER
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Deborah HallDEBORAH HALL
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan DillJONATHAN DILL
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Andr McKenzieDR ANDR MCKENZIE
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christina SociasCHRISTINA SOCIAS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alma MendsALMA MENDS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stacy HaislipSTACY HAISLIP
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nicia FullwoodNICIA FULLWOOD
HEAD OF SCHOOL
- Total calculated
- $221,347
- From this org
- $204,231
- From related orgs
- $0
- Other
- $17,116
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $204,231
- Bonus
- $0
- Other
- $0
- Deferred
- $6,141
- Nontaxable benefits
- $10,975
- Filer's total
- $221,347
-
Shannon RileySHANNON RILEY
DEAN OF ADVANCEMENT
- Total calculated
- $167,197
- From this org
- $150,225
- From related orgs
- $0
- Other
- $16,972
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,225
- Bonus
- $0
- Other
- $0
- Deferred
- $6,085
- Nontaxable benefits
- $10,887
- Filer's total
- $167,197
-
Meredith LoopMEREDITH LOOP
DEAN OF STUDENT SUPPORTS
- Total calculated
- $143,725
- From this org
- $127,757
- From related orgs
- $0
- Other
- $15,968
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540899349300354
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