Charter Schools Institute State University of New York EUGENIO MARIA DE HOSTOS CHARTER SCHOOL FINAL CHARTERED AGREEMENT Sec. 2852(5) Submission to the Board of Regents VOLUME > OF REDACTED COP 74 North Pearl Street, 4m Floor, Albany, NY 12207 tel: (518) 433-8277 fax: (518) 427-6510 e-mail: [email protected] www.newyorkcharters.org OMU NO. 1646-0047 Form 990 Return of Organization Exempt From Income Tax Under section 501(c) of the internal Revenue Code (except black lung benefit 97 trust or private foundation) or section 4847(a)(1) nonexempt charitable trust TMaFotmla 0*#*m**of@*Tmm*y OpMtoPutofle torn* Rtwnw Swvica Hetr. reorganization may have to uso a copy rfthb return to salty stata reportw InmpmcUon A For tha 1997 calendar year, OH tax year period beginning /^^r^. / , 1997, and ending Af*,*-ts.A*B I . 19 ?g B Chock* C Ntm* of organization MentmcaBon number UMIRS O Change of iddren taMor ^e.*. W4~ >c D Initial return printer Numbar and atroat (or P.O. box if mall la not daUvarad to street addreaa) Room/suits DP*. DfinaJ return City or town, stata or country, and ZIP+4 D Amandad return Inttrue- F Check »- D if exemption application (raqulrad aJao for Stata reporting) /V£&S a pending Q Type of organization—*>^ Exempt under section 501 (c)( 3 ) + (Insert number) OR • • section 4947(aK1) nonexempt charitable trust Note: Section 501(c)(3) exempt onjanfeanoni and 4947(a)(1) nonaxempt charitable trusts MUST attach a completed Schedule A (Fom 990). H|a) la thia a group return filed for affiliates? .• Yes IS No I If either box In His checked "Yea," enter fouwllgit group exemption number (GEN) • j/.J.d (b) If "Yea." enter the number of efflUatee for whlchthia return la filed:. ML J Accounting method: 0 Caah US Accrual (c) la this a separata return filed by an organization covered by a group ruling? Q Yarn B No D Other (specify) • K Check here »Q If the organlzallon'e groae reoelpla are normally not more than $2S.0O& The organlzaUon need not file a return with the IRS; but If It received a Form 980 Package In the mall, II ahould fie a return without financial data. Some atalaa require a completa return. • Note; Form 990-EZ may be used by organizations with gross receipts less than $100,000 and total assets less than $250,000 at and of year. IJff II Revenue, Expenses, and Changes in Net Assets or Fund Balances (See Specific Instructions on page 11.) 1 Contributions, gifts, grants, and similar amounts received: a Direct public support 1a a? £~VA- b Indirect public support 1b t/06>. UK c Government contributions (grants) I 1c I %.s <7 fr£-Q d Total (add Dnes 1a through 1c) (attach schedule of contributors)^«. ^c^"^cc^ **} (cash $ ^aaL^a2^7ibncash $ ~«r— ) 6?jF?,i?? «r 2 Program service revenue including government fees and contracts (from Part VII, line 93) =r*GL /f? "7 3 Membership dues and assessments 4 Interest on savings and temporary cash investments A? yy 5 Dividends and Interest from securities . 6a Gross rents | 6a | s>.<T<<//8 b Less: rental expenses I @b - i — e Net rental income or (loss) (subtract line 6b from line 6a) . ^.f.^/g Other investment income (describe • Gross amount from sale of assets other (A) Securitiae (B) Other than inventory 8a Less: cost or other basis and sales expenses. Gain or (loss) (attach schedule).... 8c Net gain or (loss) (combine One 8c, columns (A) and (8)) Special events and activities (attach schedule) £•*>«- ^r>W«^«v ***"^ Gross revenue (not including $ &3-,g0 / 0f contributions reported on Dne 1a) rff.2^ b Less: direct expenses other than fundraising expenses 9b —/? — c Net income or (loss) from special events (subtract line 9b from line 9a) *•*#?. »y 10a Gross sales of inventory, less returns and allowances . [10a b Less: cost of goods sold 110b c Gross profit or (loss) from sales of inventory (attach schedule) (subtract line 10b from line 10a). 10c 11 Other revenue (from Part VII, line 103) 11 ^rv, /y7 12 Total revenue (add lines 1d, 2,3,4, 5, 6c, 7, 8d, 9c, 10c, and 11) 12 ^7^,?r?. 7 13 Program services (from line 44, column (B)) . 13 3rr&^ 4a / 14 Management and general (from line 44, column (Q) 14 y* 7,y ;?<? 7 15 Fundraising (from line 44, column (D)) .... 15 — o 16 Payments to affiliates (attach schedule) .... 16 — o 17 Total expenses (add lines 16 and 44, column (A)) 17 a?s??<?8 18 Excess or (deficit) for the year (subtract One 17 from line 12) 18 u*T.(sr-/q 19 Net assets or fund balances at beginning of year (from line 73, column (A)) 19 j. Y 4/4^,9 J 20 Other changes in net assets or fund balances (attach explanation). 20 — o •—... 21 Net assets or fund balances at end of year (combine lines 18,19. and 20) . 21 /j-j^.2. ,"9 J2.3 For Notice, warn page lot the Instruction*. Cat No. 11282Y Form 990 (1B97) g@2 "*% Rxm 990 (1997) Pig. 2 Statement of All organtzaftms must compute column (A). Columns (B), (Q, and P an required tor section 501(c)(3) and (4) organizations Functional Expenses and section 4947(8X1) nonexarnpt craritable tnjsts M Do not include amounts reported on line (B) Program (O Management (A) Tow 6b, 8b, 96,10b, or 16 of Part I. 22 Grants and allocations (attach schedule) (cash $ -o- noncasj 22 - o~~ - O 23 Specific assistance^fe' inaividua Is (attach schedule) 23 /f ff7 /%**? 24 Benefits paid to or for members (attach schedule) 24 - <* — a — 25 Compensation of officers, directors, etc. 25 r^<a,/f^7 JXfTJZ.6 7%,y*/ 26 Other salaries and wages 26 /?<???<? ? JJZ,f€362 /?.:?,<? ?v 27 Pension plan contributions , 27 y^,/<%r ' Kn/ G3.ZI 28 Other employee benefits , 28 /7s,?77 u3S£L /3,J3~G 29 Payroll taxes 29 /tfv. ?.? y A?^, 7<al /%/ff 30 Professional fundraising fees 30 — a — - <?- - a — .,.- (2 — 31 Accounting fees 31 ft, f?4/ rvry 2.0? o 32 Legal feesacX o-ftv & of*s*.> *.**:*• fru 32 r?7 !,S7I XX/,*?4? ffftf 33 Supplies ^.^^^^^ /V^*V«^ 33 /vfaYa (Xfi, tftZrr //,. (7 7r? 34 Telephone 34 ggyy^ ,?,?f:?f faf? 35 Postage and shipping 35 JT/YS ,fff.? tt?SL 38 Occupancy 36 oLZl.999 x^Y Wo *-7,a&f 37 Equipment rental and maintenance . 37 f?^r? 7?gT M£LS- 38 Printing and publications 38 /%/,%? s/,<Yac? A72,^? 39 Travel • i-<?A<r7 JL2^Z2J2- 7a=trJ 40 Conferences, conventions, and meetings . 40 fY/fff *-&?Y4T '-€/*? 41 Interest . * . •.-^ j*; ,»&•/•} • 41 YMfY at:**'/ /Y,f7& 42 42 Depreciation, oeplefJon.'eic. #&ch scheddle) GltZ*? (%a/& >fet1KY 43 Other expenses (itemize): a £?.-«&:<«<?.€«> 43a 2-G<?oZLr aa.(?fff r^ftftT b .&VMJAJI.<?£.../£££&<&.£,£*»***.... 43b g-//,^sf<rT a.//.^<"6T -<g — 43c f?, g 7<g" <raltr-2-Y ff#2- —o — d .$&.^9.£ax*£.4.'.'lP.g:..... 43d fW a 9<rn* e 43e 44 ToUturcamtlaxpanu {add fines 22 through 43) Orpjnaati» . 44 ?%ff7^f ^fura.^*/ Y° 73*7 — o — Reporting of Joint Costs.—Did you report in column (B) (Program services) any joint costs from a combined educational campaign and fundraising solicitation? . '. .• • Yes B No If "Yes," enter (1) the aggregate amount of these Joint costs & V//r ; (II) the amount aJlocatad to Program services % ^/^ (lil) the amount allocated to Management and general $ ////$• ; and (M the amount allocated to Fundraiaing $ A///& 11 ' * .1 * i ft r 11 • • f — w Statement of Program Service Accomplishments (See Specific Instructions on page 18 What is the organization's primary exempt purpose? *JkeJfl^.t!^..&^^s^.Ma/ti*^.&&cjfAk&^S. Program Service Expense* All organizations must describe their exempt purpose achievements In a dear and concise manner. State the number (Rewmate 501(e)(3) «d of clients served, publications issued, etc. Discuss achievements that are not measurable. (Section 501(c)(3) and (4) (4)anjs.jnd4947W(t) truss; bttt apdam tor organizations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants and allocations to others.) ottwt) (Grants and allocations $ — 0 — 3V6;s2.y b 4&?v&..&&&Aft&..Jt&/&&&..*js^...G4ij4^Cf.c?.*&jP ^^x» &*/. SAjura.ijLy ^^^^-^^. ^ .^ (Gra^ an^iooations^ ^ —• (7 — ) ft^7f,?30 *********.*******^*^*—******** **,*"* *****^^*" ******** • *y•*• * — — *• *******••**•»**•»» ***y*^Wk**2 »y&* •«*•••••• **#****««J» *••• • «•• *****^rf*« **m*^^^*«« *»"•** ****** • • *»*^gF«X** • ••* ****** 4Jdr%//f CS...S. fa^t/V*•**(** j-Aa'/'tas- & s+i-*/rtrsr~acvjar*j**#w#***^*** />„„,* ****** ?;^^^^;;v"(Gram'a%"aoc^ons"'$"' 1 a"- ") SGG;**-* e Other program services (attach schedule) (Grants and allocations $ — o — ) — a f Total of Program Service Expenses (should equal line 44, column (B), Program services), £—^«--? *« / 803 29 Form 980 (1987) Peg* 3 Balance Sheets (See Specific instructions on page 18.) 804 Note Whan required, attached scheoWes artf arrwurte wrWn the oescri^on (A) rn column should 6s for and-of-yeer amounts only. Beginning of yea- End of year 45 Cash—non-interest-bearing . /3-<?G> 45 /avf 46 Savings and temporary cash investments, 4r?oa-? 46 /(7^f<7^ 47a Accounts receivable ^7/?. f ^ b Less: allowance for doubtful accounts £•*&. g/3 CTM.ZLVX 48a Pledges receivable b Less: allowance for doubtful accounts . 49 Grants receivable 49 50 Receivables from officers, directors, trustees, and key employees (attach schedule) 50 51a Other notes and loans receivable (attach schedule) • . 51a b Less: allowance for doubtful accounts . 51b 52 inventories for sale or use 52 53 Prepaid expenses and deferred charges . /US. 3.3. Z 53 tsfZGVft 54 Investments—securities (attach schedule) 54 55a Investments—land, buildings, and equipment basis 55a Less: accumulated depreciation (attach schedule).