Form 990 for tax year 2024
Filed by SOUTH BRONX COMMUNITY CHARTER HIGH SCHOOL.
Totals
- Total revenue
- $10,140,084
- Total expenses
- $11,937,244
- Contributions and grants received
- $755,108
- Grants paid
- $0
- Program service revenue
- $9,383,534
- Investment income
- $1,442
- Other revenue
- $0
- Total assets, end of year
- $47,368,935
- Total liabilities, end of year
- $48,548,208
- Net assets or fund balances, end of year
- -$1,179,273
- Program services expenses (Part IX)
- $10,200,849
- Management and general expenses
- $1,669,518
- Fundraising expenses
- $66,877
- Program service expenses (Part III)
- $10,200,849
Program services were 85.5% 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)
$372,830
-
1f · All other contributions, gifts and grants
$382,278
-
2a · Program service revenue: STATE AND LOCAL PER PUPIL OPERATI
total $7,266,852 · related or exempt $7,266,852
-
2b · Program service revenue: RENTAL ASSISTANCE
total $1,999,810 · related or exempt $1,999,810
-
2c · Program service revenue: FOOD SERVICE REVENUE
total $116,872 · related or exempt $116,872
-
3 · Investment income
total $1,442 · excluded $1,442
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $445,661 · program services $240,656 · management and general $205,005
-
7 · Other salaries and wages
total $4,323,068 · program services $3,935,524 · management and general $387,544
-
8 · Pension plan contributions
total $59,296 · program services $56,102 · management and general $3,194
-
9 · Other employee benefits
total $484,425 · program services $443,861 · management and general $40,564
-
10 · Payroll taxes
total $407,412 · program services $358,613 · management and general $48,799
-
11b · Fees: legal
total $55,957 · management and general $55,957
-
11c · Fees: accounting
total $271,070 · management and general $271,070
-
11g · Fees: other
total $695,219 · program services $553,081 · management and general $75,261 · fundraising $66,877
-
12 · Advertising and promotion
total $98,633 · program services $86,819 · management and general $11,814
-
13 · Office expenses
total $23,582 · program services $20,758 · management and general $2,824
-
14 · Information technology
total $115,365 · program services $101,547 · management and general $13,818
-
16 · Occupancy
total $3,827,300 · program services $3,368,879 · management and general $458,421
-
22 · Depreciation, depletion and amortization
total $122,224 · program services $107,583 · management and general $14,641
-
23 · Insurance
total $118,828 · program services $104,596 · management and general $14,232
-
24a · Other expenses: STUDENT SERVICES
total $335,069 · program services $335,069
-
24b · Other expenses: FOOD SERVICES
total $153,755 · program services $135,339 · management and general $18,416
-
24c · Other expenses: STAFF DEVELOPMENT
total $117,398 · program services $103,336 · management and general $14,062
-
24d · Other expenses: OTHER
total $94,414 · program services $83,104 · management and general $11,310
-
24e · All other expenses
total $188,568 · program services $165,982 · management and general $22,586
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $832,747 · end of year $898,002
-
3 · Pledges and grants receivable
beginning of year $359,312 · end of year $100,855
-
9 · Prepaid expenses and deferred charges
beginning of year $39,792 · end of year $46,776
-
10a · Land, buildings and equipment: cost or other basis
$1,335,003
-
10b · Land, buildings and equipment: accumulated depreciation
$946,993
-
10c · Land, buildings and equipment, net
beginning of year $468,624 · end of year $388,010
-
15 · Other assets
beginning of year $47,237,873 · end of year $45,935,292
-
17 · Accounts payable and accrued expenses
beginning of year $394,962 · end of year $565,118
-
19 · Deferred revenue
end of year $36,960
-
25 · Other liabilities
beginning of year $47,925,499 · end of year $47,946,130
-
27 · Net assets without donor restrictions
beginning of year $467,887 · end of year -$1,350,273
-
28 · Net assets with donor restrictions
beginning of year $150,000 · end of year $171,000
Mission and programs · 2024
Mission
SOUTH BRONX COMMUNITY CHARTER HIGH SCHOOL PROMOTES STUDENT EXCELLENCE THROUGH AN EMPHASIS ON ACADEMIC, PERSONAL AND PROFESSIONAL SKILLS IN A SUPPORTIVE AND RESPONSIVE LEARNING ENVIRONMENT. SBC STUDENTS GRADUATE WITH A POSITIVE SENSE OF SELF, READY TO DESIGN AND REALIZE THEIR FUTURES IN COLLEGE, COMMUNITY AND CAREER.
-
TO SUPPORT THE EFFORTS AND MISSION OF SOUTH BRONX COMMUNITY CHARTER HIGH SCHOOL. THE SCHOOL OFFICIALLY OPENED ITS DOORS TO STUDENTS IN THE FALL OF 2016. THE SCHOOL CURRENTLY HAS APPROXIMATELY 350 STUDENTS COVERING GRADES 9 THROUGH 12.
Expenses $10,065,510 · Revenue $9,266,662
-
THE CHILD AND ADULT CARE FOOD PROGRAM (CACFP) IS A FEDERAL PROGRAM THAT PROVIDES REIMBURSEMENTS FOR NUTRITIOUS MEALS AND SNACKS TO ELIGIBLE CHILDREN AND ADULTS WHO ARE ENROLLED FOR CARE AT PARTICIPATING CHILD CARE CENTERS, DAY CARE HOMES, AND ADULT DAY CARE CENTERS.
Expenses $135,339 · Revenue $116,872
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ALVAREZ SYMONETTE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL BUSCH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
REMA DAVIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
MAYLING BLANCO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN DUVAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KUNJAN MEHTA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
YERO HODGES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN CHIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
PAUL ORTIZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JANE KEHOE-HIGGINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOHN CLEMENTE
EXECUTIVE DIRECTOR
- Total calculated
- $210,594
- From this org
- $178,127
- From related orgs
- $0
- Other
- $32,467
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,127
- Bonus
- $0
- Other
- $0
- Deferred
- $5,344
- Nontaxable benefits
- $27,123
- Filer's total
- $210,594
-
NATALIE FERRELL
CO-FOUNDER & YOUTH DEVELOP
- Total calculated
- $200,812
- From this org
- $168,630
- From related orgs
- $0
- Other
- $32,182
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,630
- Bonus
- $0
- Other
- $0
- Deferred
- $5,059
- Nontaxable benefits
- $27,123
- Filer's total
- $200,812
-
CHRISTIPHER FLEMING
ASSOCIATE DIRECTOR OF COMP
- Total calculated
- $120,213
- From this org
- $120,213
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
ROBERT GULYA
ASSOCIATE DIRECTOR OF PERSONALIZE LEARNING
- Total calculated
- $108,753
- From this org
- $108,753
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
CATHLEEN COLLAZO
ASSOCIATE DIRECTOR OF SOCIAL EMOTIONAL LEARNING
- Total calculated
- $114,382
- From this org
- $114,382
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
GAYLENE ALEXIS
ASSOCIATE DIRECTOR OF ADAPTIVE OPERATIONS
- Total calculated
- $102,112
- From this org
- $102,112
- From related orgs
- $0
- Other
- $0
- 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 · Written employment contract
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- THE EXECUTIVE DIRECTOR'S PERFORMANCE IS EVALUATED TO DETERMINE IF HE IS MEETING THE EXPECTATIONS THAT THE BOARD HAS ESTABLISHED. THE EXECUTIVE COMMITTEE OF THE BOARD OBTAINS ON AN ANNUAL BASIS THE SALARY STUDY PREPARED BY THE NY CHARTER COUNCIL AND UTILIZES THAT TO DETERMINE APPROPRIATE COMPENSATION FOR THE EXECUTIVE DIRECTOR. A SALARY LETTER IS PROVIDED TO THE EXECUTIVE DIRECTOR OUTLINING COMPENSATION THAT IS SIGNED BY THE EXECUTIVE DIRECTOR.
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
- 2024
- Filed
- 1 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601359349303535
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