Bronx Charter School for Better Learning FY2021 filing

Tax-deductible

Bronx, NY501(c)(3)Since 2003EducationEIN 26-0061118

This page gets seen. Tell your story. Claim this org.

Bronx Charter School for Better Learning provides its students with a solid foundation for academic success, through achievements that exceeds citywide averages and meets or exceeds new york state standards and national norms in all curriculum areas tested.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.3M a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19.3M
+10% vs prior year
Spent
$15.6M
To programs
92%
Net assets
$8.9M
By yearFY2020–FY2024
Revenue
$19.3M
FY2021▲ +10%
Revenue by fiscal year
FY2020$17.6M
FY2021$19.3M
FY2022$20.3M
FY2023$20.5M
FY2024$22.7M
FY2024$21.7M
Expenses
$15.6M
FY2021▼ -2%
Expenses by fiscal year
FY2020$15.9M
FY2021$15.6M
FY2022$18.0M
FY2023$19.5M
FY2024$20.0M
FY2024$20.0M
Net assets
$8.9M
FY2021▲ +72%
Net assets by fiscal year
FY2020$5.2M
FY2021$8.9M
FY2022$11.1M
FY2023$12.2M
FY2024$14.9M
FY2024$17.1M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $14.3M Management & general 7% · $1.1M Fundraising 1% · $115K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

19 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$197,574Pt VII · Sec A
Executive Director
$191,276Pt VII · Sec A
Director of Student Suppor
$175,803Pt VII · Sec A
Professional Development S
$167,278Pt VII · Sec A
Professional Development S
$156,308Pt VII · Sec A
Professional Development S
$145,048Pt VII · Sec A
Support Teacher
$138,035Pt VII · Sec A
Professional Development S
$137,737Pt VII · Sec A

Shubert Jacobs’s $258K as Executive Director is at the 55th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Shubert Jacobs$257,530$257,530$261,631$196,241$197,574$189,615
Dr Thomas Howard JR——$149,431$239,407$191,276—
Aderemi Ogundiran$178,861$178,862$239,018$182,817$175,803$163,293
Stephanie Poillucci$203,059$203,059$189,783$160,353$145,048$153,641
Paula Hajar$195,440$195,440$197,407$164,260$156,308$167,602
Rose Lee$157,904$157,904$189,838———
Theodore Swartz———$178,077$167,278$174,580
Dasha Alexander$165,279$165,279$171,925———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Bronx Charter School for Better Learning executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students to achieve academic success exceeding citywide averages.

Provided by the organization

This section is blank until Bronx Charter School for Better Learning claims this page.

Know this organization? Claim it to add your story

1 program service account for $14.3M of program spending, described in the organization's own filed words · FY2020.
01

Provided students with a solid foundation for academic success for grades kindergarten through fifth grade, through achievement that exceeds citywide averages and meets or exceeds new york state standards in all curriculum areas.

$14.3Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$19.3M
Ln 12
Fees for servicesLn 2g$17.7M
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$19K
Money outPt IX
$15.6M
Ln 25
Programscol B$14.3M
Managementcol C$1.1M
Fundraisingcol D$115K
Owns and owesPt X
$8.9M
net assets · Ln 32
Cash and savingsLn 1–2$8.8M
Total assetsLn 16$10.5M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
19
listed · VII A
PaidVII A9
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$1.3M
Fundraising eventsLn 1c$17K
Fees for servicesLn 2g$17.7M
Investment incomeLn 3$19K
Total revenueLn 12$19.3M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$7.2M
Cash and savings togetherLn 1–2$8.8M
Land, buildings, equipmentLn 10c$416K
Other assetsLn 15$157K
Total assetsLn 16$10.5M
LiabilitiesLn 26$1.6M
Net assetsLn 32$8.9M
OperationsPt I, VI
EmployeesI 5193
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$5.4M$8.8M
Land, buildings, equipmentLn 10c$364K$416K
Total assetsLn 16$6.8M$10.5M
LiabilitiesLn 26$1.6M$1.6M
Net assetsLn 32$5.2M$8.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$445K$316K$117K$12K
Other salaries and wagesLn 7$10.4M$9.9M$522K$72K
Pension plan contributionsLn 8$256K$241K$13K$2K
Other employee benefitsLn 9$2.0M$1.9M$113K$15K
Payroll taxesLn 10$893K$835K$52K$7K
Legal feesLn 11b$46K$46K
Accounting feesLn 11c$50K$50K
Other fees for servicesLn 11g$255K$163K$91K$727
Advertising and promotionLn 12$63K$12K$51K$22
Office expensesLn 13$99K$93K$5K$705
Information technologyLn 14$99K$95K$4K$545
OccupancyLn 16$146K$137K$8K$1K
Depreciation, depletion and amortizationLn 22$229K$214K$13K$2K
InsuranceLn 23$112K$105K$6K$821
Other expenses (24a–d)Ln 24$384K$369K$13K$2K
All other expensesLn 24e$14K$18K−$3K$136
Total functional expensesLn 25$15.6M$14.3M$1.1M$115K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $22.7M$20.0M$2.7M$14.9M 990 PDF
FY2023 $20.5M$19.5M$1.1M$12.2M 990 PDF
FY2022 $20.3M$18.0M$2.2M$11.1M 990 PDF
FY2021 Viewing $19.3M$15.6M$3.7M$8.9M 990 PDF
FY2020 $17.6M$15.9M$1.7M$5.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $19,273,025 across 8 lines filed
VIII-1c Fundraising events$17,129
VIII-1e Government grants$1,251,085
VIII-1f All other contributions, gifts and grants$296,705
VIII-1h Total contributions, gifts and grants$1,564,919
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,692,910$17,692,910
VIII-3 Investment incomeExcluded from tax $18,875$18,875
VIII-8 Net income from fundraising eventsExcluded from tax −$3,679−$3,679
VIII-12 Total revenueRelated to mission $17,692,910 · Unrelated business $0 · Excluded from tax $15,196$19,273,025
Part IX · Statement of functional expenses $15,555,444 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $315,852 · Management $117,328 · Fundraising $12,133$445,313
IX-7 Other salaries and wagesPrograms $9,854,822 · Management $521,892 · Fundraising $71,944$10,448,658
IX-8 Pension plan contributionsPrograms $241,135 · Management $13,042 · Fundraising $1,792$255,969
IX-9 Other employee benefitsPrograms $1,887,405 · Management $112,604 · Fundraising $15,038$2,015,047
IX-10 Payroll taxesPrograms $834,567 · Management $51,856 · Fundraising $6,843$893,266
IX-11b Legal feesManagement $46,034$46,034
IX-11c Accounting feesManagement $50,123$50,123
IX-11g Other fees for servicesPrograms $163,431 · Management $90,644 · Fundraising $727$254,802
IX-12 Advertising and promotionPrograms $11,526 · Management $50,993 · Fundraising $22$62,541
IX-13 Office expensesPrograms $93,014 · Management $5,192 · Fundraising $705$98,911
IX-14 Information technologyPrograms $94,986 · Management $3,920 · Fundraising $545$99,451
IX-16 OccupancyPrograms $136,888 · Management $8,171 · Fundraising $1,090$146,149
IX-22 Depreciation, depletion and amortizationPrograms $214,053 · Management $13,104 · Fundraising $1,736$228,893
IX-23 InsurancePrograms $105,225 · Management $6,113 · Fundraising $821$112,159
IX-24 Other expenses (24a–d)Programs $368,709 · Management $13,225 · Fundraising $1,764$383,698
IX-24e All other expensesPrograms $17,659 · Management −$3,365 · Fundraising $136$14,430
IX-25 Total functional expensesPrograms $14,339,272 · Management $1,100,876 · Fundraising $115,296$15,555,444
Part X · Balance sheet $10,547,923 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,307,154$1,525,109
X-2 Savings and temporary cash investmentsStart of year $4,054,294$7,234,866
X-3 Pledges and grants receivableStart of year $478,691$933,048
X-4 Accounts receivableStart of year $407,426$245,603
X-9 Prepaid expenses and deferred chargesStart of year $22,087$35,440
X-10c Land, buildings and equipment, netStart of year $364,470$416,476
X-15 Other assetsStart of year $156,754$157,381
X-16 Total assetsStart of year $6,790,876$10,547,923
X-17 Accounts payable and accrued expensesStart of year $1,584,140$1,626,196
X-19 Deferred revenueStart of year $14,183$11,593
X-26 Total liabilitiesStart of year $1,598,323$1,637,789
X-27 Net assets without donor restrictionsStart of year $5,160,808$8,878,640
X-28 Net assets with donor restrictionsStart of year $31,745$31,494
X-32 Total net assets or fund balancesStart of year $5,192,553$8,910,134
X-33 Total liabilities and net assetsStart of year $6,790,876$10,547,923
Part XI · Reconciliation of net assets $8,910,134 net assets at year end
XI-1 Total revenue$19,273,025
XI-2 Total expenses$15,555,444
XI-3 Revenue less expenses$3,717,581
XI-4 Net assets at start of year$5,192,553
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,910,134

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.