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Entry1SchoolInformationCreated:07/05/2016Lastupdated:08/01/2016
Pleasebeadvisedthatyouwillneedtocompletethiscoverpage(includingsignatures)beforealloftheothertasksassignedtoyoubyyourauthorizerarevisibleonyourtaskpage.Whilecompletingthistask,pleaseensurethatyouselectthecorrectauthorizeroryoumaynotbeassignedthecorrecttasks.
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a.SCHOOLNAMEANDBEDS#
(Selectnamefromthedropdownmenu)
DRRICHARDIZQUIERDOHEALTHANDSCIENCECS(NYCCHANCELLOR)321200860965
b.CHARTERAUTHORIZER
(Fortechnicalreasons,pleasere-selectauthorizernamefromthedropdownmenu).
NYCDOE-AuthorizedCharterSchool
c.DISTRICT/CSDOFLOCATION
NYCCSD12
d1.SCHOOLINFORMATION
PRIMARYADDRESS PHONENUMBER FAXNUMBER EMAILADDRESS
800HomeStreetBronx,NY10456 718-378-0490 718-378-0492 [email protected]
d2.PHONECONTACTNUMBERFORAFTERHOURSEMERGENCIES
ContactName RichardBurke
Title HeadofSchool/Principal
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EmergencyPhoneNumber(###-###-####) 646-530-2375
e.SCHOOLWEBADDRESS(URL)
www.healthscienceschool.org
f.DATEOFINITIALCHARTER
12/2009
g.DATEFIRSTOPENEDFORINSTRUCTION
09/2010
h1.APPROVEDSCHOOLMISSION(Regents,NYCDOE,andBuffaloBOEauthorizedschoolsonly)
MISSIONSTATEMENT
Dr.RichardIzquierdoHealth&ScienceCharterSchoolprovidesourScholarswithanurturingandchallengingeducationalexperiencetodeveloptheirabilitiesandaddressthehealthandeconomicdisparitiesinourcommunity.UpongraduationourScholarswillbepreparedforthehighestlevelsofcollegeachievement,gainfulemploymentascertifiedhealthcareprofessionals,andacommitmenttoserveothersastheypursuerewardinglivesandrespectedcareersforthemselves.
h2.KEYDESIGNELEMENTS(Regents,NYCDOE,andBuffaloBOEauthorizedschoolsonly)KEYDESIGNELEMENTS(Briefdescription)
Variable1 Mission-alignedMethodologyTheSouthBronxneedsqualityeducation,healthcareandcommunitydevelopment.DRIHSCSwillprovideameanstomeetingallthreeneeds.TheSchool’sinspirationcamefromitsnon-profitpartner,UrbanHealthPlan,afederallyqualifiednetworkofhealthcentersbornintheSouthBronx;andthelargestemployerinzipcode10459.UHP’smissionistocontinuouslyimprovethehealthstatusofunderservedcommunitiesanditbelievesthatthefutureoftheSouthBronxwillcomefromwithinits
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owncommunity.
Variable2 Theschool’soverarchingframeworkforinstructioninboththemiddleschoolandhighschoolistheworkshopmodel(moreformallyknownasgradualreleaseofresponsibility).Theworkshopmodelsupportsdifferentiationofinstruction.ItalignswellwiththeCCSSandprovidesastructureforlessonprogressionandclasstimetomaximizelearningopportunities.Itisidealforengagingadiversegroupoflearners,fromthereluctantorstrugglingstudent,tothemostacceleratedlearner.Thisapproachisalsoparticularlyeffectiveforaddressingtheneedsofat-riskpopulations,includingELL,FRL,andSWD.Collaborativeplanningandprofessionaldevelopmentarealsodesignedtosupportdifferentiatedinstructionthataddressesindividualstudentneeds.
Variable3 Theco-teachingmodelinthemiddleschoolfacilitatesgreaterdifferentiationandincreasedinstructionalintensity.Theco-teachingmodelbeganatthebeginningofthe2014-15inallthemiddleschoolmathandELAclassroomsandconsistedof2teachersintheclassroom(atleastoneofwhomwasNYS-certifiedinthecontentarea,althoughallnon-certifiedteacherswerehighlyqualified[non-certifiedteacherswere,forinstance,TeachforAmericaorhadTransBcertification]).Thisco-teachingmodelfacilitatedagreaterlevelofdifferentiatedinstructionandsmallgroupinstructioninourclassroomsofheterogeneouslearners.
Variable4 TheSchool’sinstructionalmodelprovides(1)Engagement—awareness,interest,motivation;(2)Capacity—knowledgeandskillsneededtoadvanceinacontentarea;and(3)Continuity—institutional&programmaticsupport,materialresourcesandguidance.Evidenceprovesthatwhenallthreeoftheseelementsareavailableandstudents’basicphysicalandemotionalneedsaresimultaneouslymet,thenstudentswillachievesuccess.
Variable5 TeacherEfficacyThegreatestfactorinstudentsuccessisteachereffectiveness.Inmodelclassrooms,teachers(1)consistentlyattendtostudentneeds;(2)createasupportiveandresponsivelearningenvironment;(3)presentappropriatelychallengingcontent;and(4)useeffectiveinstructionalstrategiestomeetindividualneeds.
Variable6 CultureofData-drivenDecision-makingCriticaltotheimplementationoftheSchool’sacademicprogramandeffectiveteachingisdata
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drivendecisionmakingatalllevels.InthesamemannerthatUrbanHealthPlanusesdatamanagementforsettingperformanceimprovementgoals,theSchool’seducatorsusedatatoassistintheidentificationofindividuallearningdeficienciesandstrengthsandthedevelopmentofappropriateinstructionalinterventionstoremediateoracceleratestudentsbasedontheirneeds,sothattheyallachieveatthehighestlevels.
Variable7 CultureofCollaboration&GrowthTheSchool’scultureisonethatvalueseffortandperceivesfailureasanopportunitytoworkhardertowardsinevitablesuccess.TheSchoolsupportsparentsintheirunderstandingofperformancereports.ParentswillbeencouragedtomeetbenchmarksestablishedbytheSchoolfortheirparticipationandsupportoftheirchildreninachievingtheirgoals.TheschoolhaschangedfromanactiveParentAssociationtoanveryactiveParentTeacherAssociation.
Variable8 CollegeAlignedAcademicRigorTheinstructionalleadersandteacherswillestablish(1)curriculumoutcomesinnarrativeformforeverysubjectateverygradelevel;(2)acurriculumcalendarthatestablishesatime-lineinwhichthecurriculumoutcomeswillbeachieved;(3)curriculumunitplansutilizingtheUbDframework;and(4)effective,writtenandrevisedlessonplansforeveryinstructionalperiodofeveryinstructionaldayforthelifeofSchool’sexistence.Thepurposeofplanninginthismanneristopreparestudentsforadvancedlevelsofstudyinvarioussubjectareas,astheyobtaintheskillsandmasteryoftheircurrentgradelevel
Variable9 CulturalEnrichmentOpportunitiesTheSchoolhasestablishedandimplementedacademicbehaviorguidelinesthatpreservethedignityofourstudentsandprovidetheoptimalenvironmentforlearning.Studentslearnwhatisexpectedofthemandtheconsequencesforbreakingtherules.Socialproprietyandrespectisapartoftheschooldayasteachers,administrators,andstaffinteractionswiththestudentsareexpectedtobeexemplarsforstudentstoemulate
Variable10 CareerEducation&DevelopmentDRIHSCS’curriculumisacollegepreparatoryonethatalsoincludesaCTEcomponentthatleadstowardsstudents’successfulattainmentoftheirEMTlicensebythetimetheygraduate.DRIHSCS’academicschedulesupportsboththecorecurricularrequirementsandtheSchool’sCareerandTechnical
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Education(CTE)goals.StudentschedulesincludetheSchool’sCTEcurriculuminalliedhealthprofessionsandscaffoldingthoseskillsinscience,mathematicsandhumanities
i.TOTALENROLLMENTONJUNE30,2016
623
j.GRADESSERVEDINSCHOOLYEAR2015-16Checkallthatapply
GradesServed 6,7,8,9,10,11
k1.DOESTHESCHOOLCONTRACTWITHACHARTEROREDUCATIONALMANAGEMENTORGANIZATION?
No
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l1.FACILITIESDoestheschoolmaintainoroperatemultiplesites?
No,justonesite.
l2.SCHOOLSITESPleaselistthesiteswheretheschoolwilloperatefortheupcomingschoolyear.
PhysicalAddress
PhoneNumber
District/CSD GradesServedatSite
SchoolatFullCapacityatSite
FacilitiesAgreement
Site1(sameasprimarysite)
800HomeStreetBronx,NY10456
718-378-0490
BRONX(TOTAL) 6-11 No DOEspace
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Site2
Site3
l2a.PleaseprovidethecontactinformationforSite1.
Name WorkPhone AlternatePhone EmailAddress
SchoolLeader RichardBurke 718-378-0490 [email protected]
OperationalLeader ChristopherSharpe 718-378-0490 [email protected]
ComplianceContact RichardBurke 718-378-0490 [email protected]
ComplaintContact RichardBurke 718-378-0490 [email protected]
m1.Istheschooloraretheschoolsitesco-located?
Yes
m2.Pleaselistthetermsofyourcurrentco-location.
Dateschoolwillleavecurrentco-location
IsschoolworkingwithNYCDOEtoexpandintocurrentspace?
Ifso,listyearexpansionwilloccur.
IsschoolworkingwithNYCDOEtomovetoseparatespace?
Ifso,listtheproposedspaceandyearplannedformove
SchoolatFullCapacityatSite
Site1(primarysite)
N/A Yes 2016 No No
Site2
Site3
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n1.Werethereanyrevisionstotheschool’scharterduringthe2015-16schoolyear?(Pleaseincludeapprovedorpendingmaterialandnon-materialcharterrevisions).
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Yes
n2.SummaryofCharterRevisions
Category(SelectBestDescription)
SpecificRevision(150wordlimit)
DateApprovedbyBOT(ifapplicable)
DateApprovedbyAuthorizer(ifapplicable)
1Changeinadmissions/enrollmentpolicy
LotterypreferencetoELLstudentstocatchupwithELLpopulationpercentagesindistrict.Staffmemberschildrengetpreference.
2Changeinstudent/familyhandbook
TheParentAssociationchangedtoaParent/TeacherAssociationtostrengthenparentandteacherschoolgoals.
3Changeindesignoreducationalprogram
Duallanguageprogramstartingin2016-2017.
4Changeindesignoreducationalprogram
Term5(SummerTerm)addedtoschoolyear.
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o.NameandPositionofIndividual(s)WhoCompletedthe2015-16AnnualReport.
WalterSeverini/DirectorofDataandTechnology
p.Oursignaturesbelowattestthatalloftheinformationcontainedhereinistruthfulandaccurateandthatthischarterschoolisincompliancewithallaspectsofitscharter,andwithallpertinentFederal,State,andlocallaws,regulations,andrules.Weunderstandthatifanyinformationinanypartofthisreportisfoundtohavebeendeliberatelymisrepresented,thatwillconstitutegroundsfortherevocationofourcharter.CheckYESifyouagreeandthenuse
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themouseonyourPCorthestylistonyourmobiledevicetosignyourname).
ResponsesSelected:
Yes
Signature,HeadofCharterSchool
Signature,PresidentoftheBoardofTrustees
Date
2016/07/05
Thankyou.
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Entry2LinkLastupdated:07/05/2016
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1.NEWYORKSTATEREPORTCARD
ProvideadirectURLorweblinktothemostrecentNewYorkStateSchoolReportCardforthecharterschool(Seehttps://reportcards.nysed.gov/).
(CharterschoolscompletingyearonewillnotyethaveaSchoolReportCardorlinktoone.Pleasetype"URLisnotavailable"inthespaceprovided).
https://data.nysed.gov/reportcard.php?year=2015&instid=800000067013
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Entry3ProgressCreated:07/05/2016Lastupdated:10/29/2016
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PROGRESSTOWARDCHARTERGOALS
ThefollowingtablesreflectformattingintheonlineportalrequiredforBoardofRegents-authorizedcharterschoolsandNYCDOE-authorizedcharterschoolsonly.SchoolsshouldlistProgressTowardCharterGoalsbyAugust1,2016.IfthegoalsarebasedonstudentperformancedatathattheschoolwillnothaveaccesstobeforeAugust1,2016(e.g.,theNYSAssessmentresults),explainthisinthe"2015-2016ProgressTowardAttainmentofGoal"column.Theinformationcanbeupdatedwhenavailable.PleasecompleteandsubmitnolaterthanNovember1,2016.
1.ACADEMICSTUDENTPERFORMANCEGOALS
2015-16ProgressTowardAttainmentofAcademicGoals
AcademicStudentPerformanceGoal
MeasureUsedtoEvaluateProgressTowardAttainmentofGoal
Goal-Met,PartiallyMet,orNotMet
IfNotMet,DescribeEffortsSchoolWillTake
AcademicGoal1
•Foreachyearoftheschool’srenewalcharterterm,thepercentageoftheschool’sstudentswhoscoreatoraboveLevel3ontheNewYorkStateELAexaminationmustexceedsuchpercentagefortheCommunitySchoolDistrict(CSD)inwhichtheschoolislocated.(Relevantforschoolsservinggrades3-8)
NYSELA
Met
ELA21%atoraboveLevel3
ELADistrict1217%atoraboveLevel3
•Foreachyearof
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AcademicGoal2
theschool’srenewalcharterterm,thepercentageoftheschool’sstudentswhoscoreatoraboveLevel3ontheNewYorkStateELAexaminationmustexceedsuchpercentageforcity.(Relevantforschoolsservinggrades3-8)
NYSELA
NotMet
ELA21%atoraboveLevel3
ELANewYorkCity37%atoraboveLevel3
ExpansionofELAProfessionalDevelopmentSessions
AcademicGoal3
•Foreachyearoftheschool’srenewalcharterterm,thepercentageoftheschool’sstudentswhoscoreatoraboveLevel3ontheNewYorkStateMathematicsexaminationmustexceedsuchpercentagefortheCommunitySchoolDistrict(CSD).(Relevantforschoolsservinggrades3-8)
NYSMath
Met
Math18%atoraboveLevel3
MathDistrict1214%atoraboveLevel3
AcademicGoal4
•Foreachyearoftheschool’srenewalcharterterm,thepercentageoftheschool’sstudentswhoscoreatoraboveLevel3ontheNewYorkStateMathematicsexaminationmustexceedsuchpercentageforcity.(Relevantforschoolsservinggrades3-8)
NYSMath
NotMet
Math18%atoraboveLevel3
MathNewYorkcity32%atoraboveLevel3
CreationofaninhousefulltimeMathProfessionalDeveloper
•Foreachyearoftheschool’srenewalcharterterm,atleast75
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AcademicGoal5
percentofstudentsintheschool’sgraduatingclasswillhavepassedtheEnglishRegentsexamwithascoreof75percentorhigher.(Relevanttoschoolservinggrades9-12)
NAuntilend2016-2017year NA
AcademicGoal6
•Foreachyearoftheschool’srenewalcharterterm,atleast75percentofstudentsintheschool’sgraduatingclasswillhavepassedaMathRegentsexamwithascoreof80percentorhigher.(Relevanttoschoolservinggrades9-12)
NAuntilendof2016-2017year NA
AcademicGoal7
•BasedontheproficiencyratesontheNewYorkStateELAexamination,theschoolwilldemonstratepositiveacademicgrowthineachyearofthecharterterm.(Relevantforschoolsservinggrades3-8)
NYCELA
Met
Meanproficiencyscorein2015was2.23andin2016was2.53
AcademicGoal8
•BasedontheproficiencyratesontheNewYorkStateMathematicsexamination,theschoolwilldemonstratepositiveacademicgrowthineachyearofthecharterterm.(Relevantforschoolsservinggrades3-8)
NYSMath
Partiallymet
Meanproficiencyscorein2015was2.48andmeanproficiencyscorein2016was2.36.However22ofGrade8didnottakeNYSMathbuttooktheNYSAlgebraIRegentswithallpassing.
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2.Dohavemoreacademicgoalstoadd?
Yes
2015-16ProgressTowardAttainmentofAcademicGoals
AcademicStudentPerformanceGoal
MeasureUsedtoEvaluateProgressTowardAttainmentofGoal
Goal-Met,PartiallyMet,orNotMet
IfNotMet,DescribeEffortsSchoolWillTake
AcademicGoal9
•Ineachyearofthecharterterm,theschoolwillhaveincreasedpassratesontheComprehensiveorCommonCoreEnglishRegentsexam.(Relevantforschoolsservinggrades9-12)
NAuntilendof2016-2017year NA
AcademicGoal10
•Ineachyearofthecharterterm,theschoolwillhaveincreasedpassratesontheMathematicsRegentsexamoftheschool’schoice(e.g.algebraorgeometry).(Relevantforschoolsservinggrades9-12)
Regents
Met
GeometryCCpasspercentagein2015was30%andthisincreasedto62%in2016.
AcademicGoal11
•Wheretheschoolhasaneligiblesubgrouppopulation(deemedasfiveormorestudents)ofEnglishlanguagelearners,studentswithdisabilities,and/orstudentseligibleforthefreeorreducedpricelunchprogram,theschoolwilldemonstrate
NYSELA
Met
ThemeanscalescoreforSWDincreasedfrom269in2015to280in2016.ThemeanscalescoreforELLincreasedfrom270in20165to273in
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positiveacademicgrowthonNewYorkStateELAexaminationproficiencyratesforthoseapplicablepopulationsineachyearofthecharterterm.(Relevantforschoolsservinggrades3-8)
2016.ThemeanscalescoreforFRLincreasedfrom284in2015to296in2016.
AcademicGoal12
•Wheretheschoolhasaneligiblesubgrouppopulation(deemedasfiveormorestudents)ofEnglishlanguagelearners,studentswithdisabilities,and/orstudentseligibleforthefreeorreducedpricelunchprogram,theschoolwilldemonstratepositiveacademicgrowthonNewYorkStateMathematicsexaminationproficiencyratesforthoseapplicablepopulationsineachyearofthecharterterm.(Relevantforschoolsservinggrades3-8)
NYSMath
NotMet
ThemeanscalescoreforSWDdecreasedfrom273in2015to269in2016.ThemeanscalescoreforELLdecreasedfrom284in20165to268in2016.ThemeanscalescoreforFRLdecreasedfrom297in2015to287in2016.
CreationofaninhousefulltimeMathProfessionalDeveloper
AcademicGoal13
•Wheretheschoolhasaneligiblesubgrouppopulation(deemedasfiveormorestudents)ofEnglishlanguagelearners,studentswithdisabilities,and/orstudentseligibleforthefreeorreducedpricelunchprogram,theschoolwilldemonstratepositiveacademic
NAuntilendof2016-2017year NA
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growthonComprehensiveorCommonCoreEnglishRegentsexamproficiencyratesforthoseapplicablepopulationsineachyearofthecharterterm.(Relevantforschoolsservinggrades9-12)
AcademicGoal14
•Wheretheschoolhasaneligiblesubgrouppopulation(deemedasfiveormorestudents)ofEnglishlanguagelearners,studentswithdisabilities,and/orstudentseligibleforthefreeorreducedpricelunchprogram,theschoolwilldemonstratepositiveacademicgrowthontheproficiencyratesforthehighestperformingMathematicsRegentsexamforthoseapplicablepopulationsineachyearofthecharterterm.(Relevantforschoolsservinggrades9-12
Regents
AlgebraiICommonCore(ELLdidnotmeet5+criteria)
PartiallyMet
SWD80%in2015and80%in2016FRL90%in2015and92%in2016
AcademicGoal15
•Foreachyearofthenextcharterterm,theschool’s4-yeargraduationratewillbeatorabovethecitywideaverages.
NAuntilendof2016-2017year NA
•Foreachyearofthenextcharterterm,theschoolwillshowprogresstowardshaving
MET
10+credits
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AcademicGoal16 75%ofstudentsenrolledineachgrade9-11accumulate10ormorecreditstowardsgraduation.
SchoolQualityGuide
Grade997.6%Grade1095.2%Grade1193.9%Overall92.9%
3.Dohavemoreacademicgoalstoadd?
No
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4.ORGANIZATIONALGOALS
2015-16ProgressTowardAttainmentofOrganizationalGoals
OrganizationalGoal MeasureUsedtoEvaluateProgress
Goal-Met,PartiallyMet,orNotMet
IfNotMet,DescribeEffortsSchoolWillTake
OrgGoal1
Teachersarecompetentintheirassignedareasandhavetherequisitequalificationsunderstateandfederallaw.
Teachercredentialsandcertifications
Met-100%goalattainment
OrgGoal2
Theschoolhasdocumenteddisciplinepoliciesandproceduresthatareconsistentlyappliedandleadtoanenvironmentconducivetolearning.
InternalDisciplinePolicies
Met-100%goalattainment
PartiallyMet-Dailyattendancerate94.1%
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OrgGoal3
Eachyear,theschoolwillhaveadailyattendancerateincludingexcusedabsencesofatleast95%.
AttendancedatainATSSchoolQualityGuides
Thepercentageofmiddleschoolstudentswithatleast90%yearlyattendancewentfrom76.8%in2015to83.4%in2016.Thepercentageofhighschoolstudentswithatleast90%yearlyattendancewentfrom73.2%in2015to78.5%in2016.
OrgGoal4
Eachyear95%ofallstudentsenrolledwillreturnthefollowingSeptember,excludingstudentswholeftforreasonsnotconnectedtotheschool(i.e.moved,IEPrequiredmorerestrictiveeducationalsetting,etc.)
DateinATS
Met
96..7%ofenrolledstudentsreturnedinSeptember.
OrgGoal5
Suspensionrateswillnotexceed5%inourfirstandsecondyear,4%inourthirdandfourthyear,3%inourfifthandsixthyear,and2%inourseventhyearandbeyond.
Dataininternalmanagementsystem
NotMet-6.9%
WehavehiredaDirectorofSchoolandAcademicCulturetosupervisethedeansandtoexpandtheeffectivenessoftheresponsiveclassroom.
5.Doyouhavemoreorganizationalgoalstoadd?
Yes
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2015-16ProgressTowardAttainmentofOrganizationalGoals
OrganizationalGoal MeasureUsedtoEvaluateProgress
Goal-Met,PartiallyMet,orNotMet
IfNotMet,DescribeEffortsSchoolWillTake
OrgGoal6
Eachyeartheschoolwillcomplywithallapplicablelaws,rules,regulations,andcontracttermsincluding,butnotlimitedto,theNewYorkCharterSchoolsAct,theNewYorkFreedomofInformationLaw,theFederalIndividualswithDisabilitiesEducationAct,andtheFederalFamilyEducationalRightsandPrivacyAct
Thirdpartyaudits Met
OrgGoal7
Theboard'ssizeandstructurefunctionsasstipulatedbycontract.
Recordedboardmeetings Met
OrgGoal8
Theboardmembershipiscompleteandcontributesabroadskillset.
Boardmembercredentials Met
OrgGoal9
Theschoolwillfosteranenvironmentconductivetostaffretention
StaffretentionrateMet100%Retentionrate.
Eachyearatleast80%of
PartiallyMet
SchoolLeadership(surveycategory
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OrgGoal10
teacherswillexpresssatisfactionwiththeschool'sleadership,learningenvironment,andprofessionaldevelopmentopportunitiesbasedontheNYCDOESchoolSurvey
NYCDOESchoolSurvey
EffectiveSchoolLeadership)81%,LearningEnvironment(surveycategoriesRigorousInstruction,CollaborativeTeachers,SupportiveEnvironment)80%,ProfessionalDevelopmentOpportunities67%
OrgGoal11
Eachyearparentsandstudentswillexpresssatisfactionwiththeschool.Atleast80%ofparentsand80%ofstudentswillexpresssatisfactionwiththeschoolbasedontheNYCDOESchoolSurvey
NYCDOESchoolSurvey
PartiallyMet
Overallpositiveresponseswere92%orparentsand74%forscholars.
OrgGoal12
OrgGoal13
OrgGoal14
OrgGoal15
6.FINANCIALGOALS
2015-16ProgressTowardAttainmentofFinancialGoals
FinancialGoals MeasureUsedtoEvaluateProgress
Goal-Met,PartiallyMet,orNotMet
IfNotMet,DescribeEffortsSchoolWillTake
FinancialGoal1
Eachyearstudentenrollmentwillbewithin15%offull
DatainATS Met
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enrollment.
FinancialGoal2
Uponcompletionoftheschool'sfirstyearofoperationandeveryyearafter,theschoolwillundergoanindependentfinancialauditthatwillresultsinanunqualifiedopinionwithoutfindinganydeliberateactsofwrongdoing,recklessconductoractionswhichcausealossofconfidenceintheabilitiesorintegrityoftheschoolorseriouslyjeopardizesthecontinuedoperationoftheschool
Thirdpartyaudit Met
FinancialGoal3
Eachyeartheschoolwilloperateonabalancedbudjet,wheretherevenuesequalorexceedexpenditures,andmaintainastablecashflow
Monthlyfinancialreports Met
FinancialGoal4
FinancialGoal5
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Entry4ExpendituresperChildCreated:07/07/2016Lastupdated:07/29/2016
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FinancialInformationThisinformationisrequiredofALLcharterschools.ProvidethefollowingmeasuresoffiscalperformanceofthecharterschoolinAppendixB(TotalExpendituresandAdministrativeExpendituresPerChild):
1.TotalExpendituresPerChildTocalculate‘TotalExpendituresperChild’taketotalexpenditures(fromtheunaudited2015-16ScheduleofFunctionalExpenses)anddividebytheyearendFTEstudentenrollment.(IntegersOnly.Nodollarsignsorcommas).
Note:TheinformationontheScheduleofFunctionalExpensesonpages41–43oftheAuditGuidecanhelpschoolslocatetheamountstouseinthetwoperpupilcalculations:http://www.p12.nysed.gov/psc/AuditGuide.html
Line1:TotalExpenditures 11249421
Line2:YearEndFTEstudentenrollment 620
Line3:DivideLine1byLine2 18144
2.AdministrativeExpendituresperChild
Tocalculate‘AdministrativeExpendituresperChild'Tocalculate“AdministrativeExpendituresperChild”firstaddtogetherthefollowing:
1.Taketherelevantportionfromthe‘personnelservicescost’rowandthe‘managementandgeneral’column(fromtheunaudited2015-16ScheduleofFunctionalExpenses)
2.Anycontractedadministrative/managementfeepaidtootherorganizationsorcorporations
3.Takethetotalfromaboveanddivideitbytheyear-endFTEenrollment.Therelevantportionthat
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mustbeincludedinthiscalculationisdefinedasfollows:
AdministrativeExpenditures:Administrationandmanagementofthecharterschoolincludestheactivitiesandpersonneloftheofficesofthechiefschoolofficer,thefinanceorbusinessoffices,schooloperationspersonnel,datamanagementandreporting,humanresources,technology,etc.Italsoincludesthoseadministrativeandmanagementservicesprovidedbyotherorganizationsorcorporationsonbehalfofthecharterschoolforwhichthecharterschoolpaysafeeorothercompensation.DonotincludetheFTEofpersonnelwhoseroleistodirectlysupporttheinstructionalprogram.
Notes:TheinformationontheScheduleofFunctionalExpensesonpages41–43oftheAuditGuidecanhelpschoolslocatetheamountstouseinthetwoperpupilcalculations:http://www.p12.nysed.gov/psc/AuditGuide.html.Employeebenefitcostsorexpendituresshouldnotbereportedintheabovecalculations.
Line1:RelevantPersonnelServicesCost(Row) 761456
Line2:ManagementandGeneralCost(Column) 1005278
Line3:SumofLine1andLine2 1766734
Line5:DivideLine3bytheYearEndFTEstudentenrollment 2850
Thankyou.
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Entry6aAuditedStatementsCreated:10/19/2016Lastupdated:11/01/2016
Regents,NYCDOEandBuffaloBOEauthorizedschoolsshouldenterthefinancialcontactinformationrequestedanduploadtheindependentauditor'sreportandinternalcontrolsreportsasonecombinedfile.
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SchoolBasedFiscalContactInformation
SchoolBasedFiscalContactName
SchoolBasedFiscalContactEmail
SchoolBasedFiscalContactPhone
RichardBurke [email protected] 718-378-0490
AuditFirmContactInformation
SchoolAuditContactName
SchoolAuditContactEmail
SchoolAuditContactPhone
YearsWorkingWithThisAuditFirm
GusSaliba [email protected] 212-957-3600 5
IfApplicable:
OutsourcedFinancialServicesFirmName
OutsourcedFinancialServicesContact
OutsourcedFinancialServicesEmail
OutsourcedFinancialServicesPhone
YearsWorkingWithThisFirm
CharterSchoolBusinessManagement
[email protected] 646-448-8720 7
Pleaseuploadasonecombinedfile:
a.theindependentauditor'sreportonfinancialstatementsandnotes;andb.reportsoninternalcontrolsoverfinancialreportingandcompliance
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https://nysed-cso-reports.fluidreview.com/media/assets/survey-uploads/84001/6972512-F7wWrRhhE3/Financial%3AInternal%202016%20Final.pdf
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL
(A Not-For-Profit Corporation)
FINANCIAL STATEMENTS
JUNE 30, 2016 (with comparative financial information for June 30, 2015)
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-For-Profit Corporation) FINANCIAL STATEMENTS
JUNE 30, 2016 (with comparative financial information for June 30, 2015)
CONTENTS
PAGE
INDEPENDENT AUDITORS' REPORT 1 – 2 FINANCIAL STATEMENTS:
Statements of financial position 3 Statements of activities 4 Statements of functional expenses 5 Statements of cash flows 6 Notes to financial statements 7 – 12
INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 13 – 15
FRUCHTER ROSEN & COMPANY, P.C. CERTIFIED PUBLIC ACCOUNTANTS
156 WEST 56TH STREET NEW YORK, NEW YORK 10019
_________
TEL: (212) 957-3600 FAX: (212) 957-3696
INDEPENDENT AUDITORS’ REPORT TO THE BOARD OF TRUSTEES OF DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL
Report on the Financial Statements
We have audited the accompanying financial statements of Dr. Richard Izquierdo Health & Science Charter School (the “School”) (a not-for-profit corporation), which comprise the statement of financial position as of June 30, 2016, and the related statements of activities, functional expenses, and cash flows for the year then ended, and the related notes to the financial statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the School’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the School’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the School as of June 30, 2016, and the changes in its net assets and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Report on Summarized Comparative Information
We have previously audited the School’s 2015 financial statements, and our report dated September 3, 2015 expressed an unmodified opinion on those audited financial statements. In our opinion, the summarized comparative information presented herein as of and for the year ended June 30, 2015, is consistent, in all material respects, with the audited financial statements from which it has been derived.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated October 18, 2016 on our consideration of the School’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the School’s internal control over financial reporting and compliance.
New York, New York October 18, 2016
2016 2015ASSETS
Current assets:Cash and cash equivalents 1,498,189$ 1,610,112$ Grants and contracts receivable 414,730 15,879Prepaid expenses and other current assets 80,055 183,617
Total current assets 1,992,974 1,809,608
Property and equipment, net of accumulated depreciationand amortization of $1,030,709 and $724,620, respectively 547,878 580,290
Restricted cash 75,167 75,129
TOTAL ASSETS 2,616,019$ 2,465,027$
LIABILITIES AND UNRESTRICTED NET ASSETS
Current liabilities:Accounts payable and accrued expenses 250,927$ 135,229$ Accrued payroll and payroll taxes 348,653 297,605Refundable advances 16,999 9,410
Total liabilities 616,579 442,244
Unrestricted net assets:Undesignated 1,276,475 1,302,132 Board-designated reserve fund 722,965 720,651
Total unrestricted net assets 1,999,440 2,022,783
TOTAL LIABILITIES AND UNRESTRICTED NET ASSETS 2,616,019$ 2,465,027$
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL(A Not-For-Profit Corporation)
STATEMENTS OF FINANCIAL POSITIONJUNE 30, 2016
(with comparative financial information for June 30, 2015)
The accompanying notes are an integral part of the financial statements.
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2016 2015Revenue and support:
State and local per pupil operating revenue 10,909,944$ 8,592,275$ Federal grants 467,454 398,927State and city grants 49,822 52,433Contributions and grants - 150 Donated services - 5,525Interest and other income 14,260 11,859
Total revenue and support 11,441,480 9,061,169
Expenses:Program services
Regular education 6,984,486 5,347,739 Special education 3,415,122 2,079,415
Total program services 10,399,608 7,427,154 Supporting services
Management and general 1,022,202 921,741 Fundraising 43,013 44,306
Total expenses 11,464,823 8,393,201
Changes in unrestricted net assets (23,343) 667,968
Unrestricted net assets - beginning of year 2,022,783 1,354,815
Unrestricted net assets - end of year 1,999,440$ 2,022,783$
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL(A Not-For-Profit Corporation)
STATEMENTS OF ACTIVITIESFOR THE YEAR ENDED JUNE 30, 2016
(with summarized comparative financial information for the year ended June 30, 2015)
The accompanying notes are an integral part of the financial statements.
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Regular Special ManagementEducation Education Total and General Fundraising Total 2015
Salaries and wages 4,515,869$ 2,323,626$ 6,839,495$ 622,548$ 30,660$ 7,492,703$ 5,130,257$ Employee benefits and payroll taxes 1,008,483 518,912 1,527,395 139,027 6,847 1,673,269 1,211,916Audit and accounting fees - - - 22,250 - 22,250 20,250Legal fees 2,655 1,357 4,012 363 - 4,375 1,926Professional development 112,400 33,527 145,927 17,581 187 163,695 88,624Consultants 393,479 202,463 595,942 154,603 2,671 753,216 836,033Donated services - - - - - - 5,525Student field trips 94,173 21,489 115,662 - - 115,662 50,308 Office supplies and expense 91,325 46,989 138,314 12,587 621 151,522 104,122Student food services 37,022 8,448 45,470 - - 45,470 51,499Information and technology 44,054 22,668 66,722 6,073 299 73,094 92,336Telephone and internet services 15,769 8,114 23,883 2,174 107 26,164 19,990Insurance 41,561 21,385 62,946 5,730 282 68,958 62,655Instructional materials 245,642 56,053 301,695 - - 301,695 194,894Non-capitalized furniture and equipment 1,887 431 2,318 8,962 - 11,280 14,935Classroom supplies 151,957 34,675 186,632 - - 186,632 149,784Postage and delivery 6,920 3,561 10,481 954 47 11,482 10,252Repairs and maintenance 1,277 653 1,930 175 - 2,105 3,429Dues and subscriptions 12,584 4,567 17,151 817 40 18,008 21,411Recruiting 22,501 11,178 33,679 2,925 - 36,604 28,487Depreciation and amortization 184,480 94,924 279,404 25,433 1,252 306,089 292,050Miscellaneous 448 102 550 - - 550 2,518
Total expenses 6,984,486$ 3,415,122$ 10,399,608$ 1,022,202$ 43,013$ 11,464,823$ 8,393,201$
Program Services2016
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL(A Not-For-Profit Corporation)
STATEMENTS OF FUNCTIONAL EXPENSESFOR THE YEAR ENDED JUNE 30, 2016
(with summarized comparative financial information for the year ended June 30, 2015)
Supporting Services
The accompanying notes are an integral part of the financial statements.
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2016 2015
CASH FLOWS FROM OPERATING ACTIVITIES:Changes in unrestricted net assets (23,343)$ 667,968$ Adjustments to reconcile changes in unrestricted net assets
to net cash provided by operating activities:Depreciation and amortization 306,089 292,050 Gain on disposal of property and equipment - (2,005)
Changes in assets and liabilities:(Increase) in grants and contracts receivable (398,851) (6,606) Decrease (Increase) in prepaid expenses and other current assets 103,562 (117,361) Increase in accounts payable and accrued expenses 115,698 78,103 Increase in accrued payroll and payroll taxes 51,048 75,020 Increase in refundable advances 7,589 4,554
NET CASH PROVIDED BY OPERATING ACTIVITIES 161,792 991,723
CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of property and equipment (273,677) (306,462) Proceeds from disposal of property and equipment - 2,057 (Increase) in restricted cash (38) (38)
NET CASH (USED IN) FINANCING ACTIVITIES (273,715) (304,443)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (111,923) 687,280
CASH AND CASH EQUIVALENTS - BEGINNING OF YEAR 1,610,112 922,832
CASH AND CASH EQUIVALENTS - END OF YEAR 1,498,189$ 1,610,112$
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL(A Not-For-Profit Corporation)
STATEMENTS OF CASH FLOWSFOR THE YEAR ENDED JUNE 30, 2016
(with summarized comparative financial information for the year ended June 30, 2015)
The accompanying notes are an integral part of the financial statements.
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DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-For-Profit Corporation)
NOTES TO FINANCIAL STATEMENTS JUNE 30, 2016
(with comparative financial information for June 30, 2015)
NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Organization Dr. Richard Izquierdo Health & Science Charter School (the “School”) is a New York State,
not-for-profit educational corporation that was incorporated to operate a Charter School pursuant to Article 56 of the Education Law of the State of New York. The School was granted a provisional charter on December 15, 2009 valid for a term of five years and renewable upon expiration by the Board of Regents of the University of the State of New York. During 2016, the Board of Regents extended the School’s charter through June 30, 2019. The School’s mission is to provide its students with a nurturing and challenging educational experience to develop their abilities and address the health and economic disparities in the community. Upon graduation, students will be prepared for the highest levels of college achievement, gainful employment as certified health care professionals, and a commitment to serve others as they pursue rewarding lives and respected careers for themselves. Classes commenced in the South Bronx neighborhood of New York, in September, 2010, and the School provided education to approximately 620 students in grades six through eleven during the 2015-2016 academic year.
The School shares space with a New York City public school. The School is not responsible
for rent, utilities, custodial services, maintenance and school safety services other than the security related to the School’s programs that take place outside the district’s school day.
Food Services
The New York City Department of Education provides free lunches directly to some of the School’s students. Such costs are not included in these financial statements. The School covers the cost of lunches for children not entitled to the free lunches.
Tax Status The School is exempt from Federal income tax under Section 501(a) of the Internal Revenue
Code as an organization described in Section 501(c)(3) and a similar provision under New York State income tax laws. The School has also been classified as an entity that is not a private foundation within the meaning of Section 509(a) and qualifies for deductible contributions as provided in section 170(b)(l)(A)(ii). The School is subject to income taxes only on net unrelated business income. The School did not have any unrelated business income for the years ended June 30, 2016 and 2015.
The School’s accounting policy provides that a tax expense or benefit from an uncertain tax
position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. The School has no uncertain tax positions resulting in an accrual of tax expense or benefit.
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DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-For-Profit Corporation)
NOTES TO FINANCIAL STATEMENTS JUNE 30, 2016
(with comparative financial information for June 30, 2015) NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued) Tax Status (Continued)
IRS forms 990 filed by the School are subject to examination by the Internal Revenue Service up to three years from the extended due date of each return. Forms 990 filed by the School are no longer subject to examination for the fiscal years ended June 30, 2012, and prior.
Basis of Presentation The School’s financial statements have been prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America. The financial statement presentation follows the requirements of the Financial Accounting Standards Board (“FASB”) in its Accounting Standards Codification (“ASC”) No. 958-205 which provides guidance for the classification of net assets. The amounts for each of the three classes of net assets are based on the existence or absence of donor-imposed restrictions described as follows:
Unrestricted
Net assets of the School whose use has not been restricted by an outside donor or by law. They are available for any use in carrying out the operations of the School.
Board-designated net assets were established by the Board of Trustees to provide a
reserve for unforeseen facility, personnel, and other issues.
Temporarily Restricted Net assets of the School whose use has been limited by donor-imposed stipulations
that either expire with the passage of time or can be fulfilled and removed by actions of the School. When such stipulations end or are fulfilled, such temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statements of activities, as net assets released from restrictions.
Permanently Restricted
Net assets of the School whose use has been permanently limited by donor-imposed restrictions. Such assets include contributions required to be invested in perpetuity, the income from which is available to support charitable purposes designated by the donors.
The School had no temporarily or permanently restricted net assets as of June 30, 2016 and 2015.
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DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-For-Profit Corporation)
NOTES TO FINANCIAL STATEMENTS JUNE 30, 2016
(with comparative financial information for June 30, 2015) NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued)
Revenue and Support Contributions are recognized when the donor makes a promise to give to the School that is, in substance, unconditional. Grants and other contributions of cash are reported as temporarily restricted support if they are received with donor stipulations. Restricted contributions and grants that are made to support the school’s current year activities are recorded as unrestricted revenue. Contributions of assets other than cash are recorded at their estimated fair value. Revenue from the state and local governments resulting from the School’s charter status and based on the number of students enrolled is recorded when services are performed in accordance with the charter agreement. Federal and other state and local funds are recorded when expenditures are incurred and billable to the government agencies.
Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Accordingly, actual results could differ from those estimates.
Cash and Cash Equivalents The School considers all highly liquid financial instruments purchased with a maturity of
three months or less to be cash equivalents.
Concentration of Credit Risk Financial instruments which potentially subject the School to concentrations of credit risk are cash and cash equivalents. The School places its cash and cash equivalents on deposit in what it believes to be highly credited financial institutions. Cash balances may exceed the FDIC insured levels of $250,000 per institution at various times during the year. As of June 30, 2016, cash balances exceeded insured levels by approximately $1,323,000. The School believes that there is little risk in any losses and has not experienced any losses in such accounts.
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DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-For-Profit Corporation)
NOTES TO FINANCIAL STATEMENTS JUNE 30, 2016
(with comparative financial information for June 30, 2015) NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(Continued) Property and Equipment Purchased property and equipment are recorded at cost. Property and equipment acquired
with certain government funding are recorded as expenses pursuant to the terms of the contract, in which ownership of such property and equipment is retained by the funding source. Maintenance and repairs are expensed as incurred. Depreciation and amortization is provided on the straight line method over the estimated useful lives as follows:
Computers and equipment 3 and 5 years Furniture and fixtures 7 years Website development 3 years Software 3 years Leasehold improvements Useful life or related lease Restricted Cash Under the provisions of its charter, the School established an escrow account to pay for legal
and audit expenses that would be associated with a dissolution should it occur. Refundable Advances
The School records certain government grants and contracts as refundable advances until the related services are performed, at which time it is recognized as revenue. Comparative Financial Information The accompanying statements of activities and functional expenses are presented with summarized comparative information. Such prior year information is not presented by net asset class in the statements of activities or by functional category in the statements of functional expenses. Accordingly, such information should be read in conjunction with the School’s 2015 financial statements from which the summarized information was derived.
NOTE 2 - GRANTS AND CONTRACTS RECEIVABLE
Grants and contracts receivable consists of federal, state, and city entitlements and grants. The School expects to collect these receivables within one year.
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DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-For-Profit Corporation)
NOTES TO FINANCIAL STATEMENTS JUNE 30, 2016
(with comparative financial information for June 30, 2015) NOTE 3 - PROPERTY AND EQUIPMENT Property and equipment consists of the following as of June 30,:
2016 2015 Computers $ 490,988 $ 349,672 Equipment 560,519 519,503 Furniture and fixtures 300,057 245,859 Website development 37,500 37,500 Software 18,534 11,034 Leasehold improvements 170,989 141,342 1,578,587 1,304,910 Less: Accumulated depreciation and amortization (1,030,709) (724,620) $ 547,878 $ 580,290
During the year ended June 30, 2015, the School disposed of certain assets resulting in a gain of $2,005. The School had no dispositions during the year ended June 30, 2016.
Depreciation and amortization expense was $306,089 and $292,050 for the years ended June 30, 2016 and 2015, respectively.
NOTE 4 - CONTINGENCY
Certain grants and contracts may be subject to audit by the funding sources. Such audits might result in disallowances of costs submitted for reimbursements. Management is of the opinion that such cost disallowances, if any, will not have a material effect on the accompanying financial statements. Accordingly, no amounts have been provided in the accompanying financial statements for such potential claims.
NOTE 5 - DONATED SERVICES Donated services are recognized as contributions in accordance with FASB ASC No. 958-
605-25, if the services (a) create or enhance non-financial assets or (b) require specialized skills, are performed by people with those skills, and would otherwise be purchased by the School and (c) are measurable.
One entity provided legal services to the School at no charge. The value of these services meets the criteria for recognition in the financial statements and was recorded at fair value of $-0- and $85 for the years ended June 30, 2016 and 2015, respectively. In addition, one entity provided professional services to the School at no charge and was recorded at fair value of $-0- and $5,440 for the years ended June 30, 2016 and 2015, respectively.
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DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-For-Profit Corporation)
NOTES TO FINANCIAL STATEMENTS JUNE 30, 2016
(with comparative financial information for June 30, 2015) NOTE 6 - COMMITMENTS
The School leases office equipment under non-cancelable lease agreements expiring on various dates through July 2020. The future minimum lease payments are as follows:
For the year ending June 30, 2017 $ 40,932 2018 40,932 2019 27,207 2020 16,031 2021 943 $ 126,045
Equipment rental expense was $48,110 and $20,922 for the years ended June 30, 2016 and 2015, respectively.
NOTE 7 - REVENUE CONCENTRATION The School receives a substantial portion of its support and revenue from the New York City
Department of Education. If the charter school laws were modified, reducing or eliminating these revenues, the School’s finances could be materially adversely affected.
NOTE 8 - FUNCTIONAL ALLOCATION OF EXPENSE
Directly identifiable expenses are charged to programs and supporting services. Expenses related to more than one function are charged to programs and supporting services on the basis of periodic time and expense studies. Management and general expense includes those expenses that are not directly identifiable with any other specific function, but provide for the overall support and direction of the School.
NOTE 9 - RETIREMENT PLAN
The School maintains a retirement plan qualified under Internal Revenue Code 403(b) for the benefit of its eligible employees. Beginning with the 2014-2015 plan year, the School matched employee contributions up to 3% of eligible compensation. The amount charged for matching contributions to this plan was $129,213 and $101,492 for the years ended June 30, 2016 and 2015, respectively.
NOTE 10 - SUBSEQUENT EVENTS
The School has evaluated its subsequent events through October 18, 2016, the date that the accompanying financial statements were available to be issued. The School has no material events requiring disclosure.
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FRUCHTER ROSEN & COMPANY, P.C. CERTIFIED PUBLIC ACCOUNTANTS
156 WEST 56TH STREET NEW YORK, NEW YORK 10019
_________
TEL: (212) 957-3600 FAX: (212) 957-3696
INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF
FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
TO THE BOARD OF TRUSTEES OF DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Dr. Richard Izquierdo Health & Science Charter School (the “School”), which comprise the statement of financial position as of June 30, 2016, and the related statements of activities, functional expenses, and cash flows for the year then ended, and the related notes to the financial statements, and have issued our report thereon dated October 18, 2016.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered The School’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of The School’s internal control. Accordingly, we do not express an opinion on the effectiveness of the School’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the School’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. We did identify a deficiency in internal control, described in the accompanying schedule of findings and responses as item 2016-001 that we considered to be a significant deficiency.
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TO THE BOARD OF TRUSTEES OF DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the School’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
The School’s Response to Findings
The School’s response to the findings identified in our audit is described in the accompanying schedule of findings and responses. The School’s response was not subjected to the auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on it.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the School’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the School’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.
New York, New York October 18, 2016
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DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL SCHEDULE OF FINDINGS AND RESPONSES
FOR THE YEAR ENDED JUNE 30, 2016 FINDINGS - FINANCIAL STATEMENT AUDIT
SIGNIFICANT DEFICIENCY 2016-001- Maintenance of Student Records Criteria The School bills the New York City Department of Education (“NYCDOE”) on a bi-monthly basis a total per-pupil amount based on a Full Time Equivalent (“FTE”) student enrollment for general and special education. Condition During our 2016 audit, we noted one instance where a student appeared on the roster twice and another instance where the student was no longer at the School, but appeared on the roster. Student enrollment is used to calculate per-pupil revenue. Cause The NYCDOE Automate the Schools (“ATS”) roster was correct; however, the NYCDOE per pupil roster was not correct. In the first instance, a student had two different identification numbers and their last names were not the same. In the second instance, the pupil was not on the ATS roster but was still on the per pupil roster. The person reviewing the data was under the impression that both rosters were the same and therefore did not reconcile the two rosters against each other. Effect Inaccurate attendance records resulted in incorrect billing to the NYCDOE throughout the academic year. The School, upon being made aware of the error, adjusted the FTE amount when they completed the year end reconciliation for the 2015-2016 academic year. Recommendation We recommend that a formal review process be put in place to assure timely and accurate reconciliation of the two pupil rosters. Management’s Response A protocol has been developed and implemented whereby the ATS roster is reconciled with the per pupil roster on a quarterly basis.
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FRUCHTER ROSEN & COMPANY, P.C. CERTIFIED PUBLIC ACCOUNTANTS
156 WEST 56TH STREET NEW YORK, NEW YORK 10019
_________�
TEL: (212) 957-3600 FAX: (212) 957-3696
� October 18, 2016 To the Audit Committee of the Board of Trustees of Dr. Richard Izquierdo Health & Science Charter School
We have audited the financial statements of Dr. Richard Izquierdo Health & Science Charter School (the “School”) for the year ended June 30, 2016, and have issued our report thereon dated October 18, 2016. Professional standards require that we provide you with the following information related to our audit.
Our Responsibilities under U.S. Generally Accepted Auditing Standards and Government Auditing Standards
As stated in our engagement letter dated March 10, 2016, our responsibility, as described by professional standards, is to express an opinion about whether the financial statements prepared by management with your oversight are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles. Our audit of the financial statements does not relieve you or management of your responsibilities.
As part of our audit, we will consider the internal control of the School. Such considerations are solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control.
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the School’s compliance with certain provisions of laws, regulations, contracts, and grants. However, the objective of our tests is not to provide an opinion on compliance with such provisions.
Planned Scope and Timing of the Audit
We performed our audit according to the plan previously communicated to you prior to commencement of our audit field work.
Auditor Independence
Fruchter Rosen & Company, P.C. have complied with all relevant ethical requirements regarding independence.
Significant Audit Findings
Qualitative Aspects of Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the School are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during the year ended June 30, 2016. We noted no transactions entered into by the School during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period.
Dr. Richard Izquierdo Health & Science Charter School October 18, 2016 Page 2
Significant Accounting Estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the financial statements are as follows:
x Collectability of grants and contracts receivables
x Useful lives of fixed assets
x Allocation of costs for the statements of functional expenses
We evaluated the key factors and assumptions used to develop the above estimates in determining that it was reasonable in relation to the financial statement taken as a whole. The financial statement disclosures are neutral, consistent, and clear.
Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealing with management in performing and completing our audit.
Corrected and Uncorrected Misstatements Professional standards require us to accumulate all misstatements identified during the audit, other than those that are clearly trivial, and communicate them to the appropriate level of management. In addition, we are required to communicate with those charged with governance uncorrected misstatements and the effect that they may have on the opinion in the auditors’ report, and request their correction. None of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to the financial statements taken as a whole.
Disagreements with Management For purposes of this letter, a disagreement with management is a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditors’ report. We are pleased to report that no such disagreements arose during the course of our audit.
Management Representations We have requested certain representations from management that are included in the management representation letter dated October 18, 2016.
Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the School’s financial statements or a determination of the type of auditors’ opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants.
Dr. Richard Izquierdo Health & Science Charter School October 18, 2016 Page 3
Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the School’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention.
We have issued a separate report to you dated October 18, 2016, communicating internal control related matters identified during the audit.
Other Matters
This information is intended solely for the use of the Audit Committee, the Board of Trustees and management of the School and is not intended to be, and should not be, used by anyone other than these specified parties. Very truly yours,
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL
(A Not-For-Profit Corporation)
INDEPENDENT AUDITORS’ REPORT ON COMMUNICATION OF INTERNAL CONTROL MATTERS
JUNE 30, 2016
FRUCHTER ROSEN & COMPANY, P.C. CERTIFIED PUBLIC ACCOUNTANTS
156 WEST 56TH STREET NEW YORK, NEW YORK 10019
_________
TEL: (212) 957-3600 FAX: (212) 957-3696
October 18, 2016 To the Board of Trustees and Management of Dr. Richard Izquierdo Health & Science Charter School 800 Home Street Bronx, NY 10456 In planning and performing our audit of the financial statements of Dr. Richard Izquierdo Health & Science Charter School (the “School”) as of and for the year ended June 30, 2016, in accordance with auditing standards generally accepted in the United States of America, we considered the School’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the School’s internal control. Accordingly, we do not express an opinion on the effectiveness of the School’s internal control.
Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and, therefore, material weaknesses or significant deficiencies may exist that were not identified. However as discussed below, we identified certain deficiencies in internal control that we consider to be significant deficiencies.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the School’s financial statements will not be prevented, or detected and corrected, on a timely basis. We did not identify any deficiencies in internal control that we consider to be material weaknesses.
A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Exhibit I accompanying this letter summarizes an observation for the year ended June 30, 2016 that we consider to be a significant deficiency. Management’s response to the observation has not been subjected to the auditing procedures applied in the audit of the financial statements and accordingly, we express no opinion on it.
This communication is intended solely for the information and use of management, Board of Trustees, federal, state and local awarding agencies, The Department of Education of the City of New York, The State Education Department of the State University of New York, and others within the School, and is not intended to be, and should not be, used by anyone other than these specified parties.
We appreciate your cooperation and the assistance we received during the course of our audit.
New York, New York October 18, 2016
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-fot-Profit Corporation)
JUNE 30, 2016
CONTENTS
EXHIBIT I – CURRENT YEAR OBSERVATION SIGNIFICANT DEFICIENCY
A. Maintenance of Student Records 1
DR. RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL (A Not-fot-Profit Corporation)
JUNE 30, 2016
EXHIBIT I – CURRENT YEAR OBSERVATION A. MAINTENANCE OF STUDENT RECORDS
Observation The School bills the New York City Department of Education (“NYCDOE”) on a bi-monthly basis a total per-pupil amount based on a Full Time Equivalent (“FTE”) student enrollment for general and special education. During our 2016 audit, we noted one instance where a student appeared on the roster twice and another instance where the student was no longer at the School, but appeared on the roster. Student enrollment is used to calculate per-pupil revenue. The NYCDOE Automate the Schools (“ATS”) roster was correct; however, the NYCDOE per pupil roster was not correct. In the first instance, a student had two different identification numbers and their last names were not the same. In the second instance, the pupil was not on the ATS roster but was still on the per pupil roster. The person reviewing the data was under the impression that both rosters were the same and therefore did not reconcile the two rosters against each other. Inaccurate attendance records resulted in incorrect billing to the NYCDOE throughout the academic year. The School, upon being made aware of the error, adjusted the FTE amount when they completed the year end reconciliation for the 2015-2016 academic year.
Recommendation We recommend that a formal review process be put in place to assure timely and accurate reconciliation of the two pupil rosters.
Management’s Response
A protocol has been developed and implemented whereby the ATS roster is reconciled with the per pupil roster on a quarterly basis.
- 1 -
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Entry6bAdditionalFinancialDocsCreated:10/19/2016Lastupdated:11/01/2016
Theadditionalitemslistedbelowshouldbeuploadedifapplicable.Pleaseexplainthereason(s)iftheitemsarenotincluded.Examplesmightinclude:awrittenmanagementletterwasnotissued;theschooldidnotexpendfederalfundsinexcessoftheSingleAuditThresholdof$750,000;thecorrectiveactionplanwillbesubmittedbythefollowingdate(shouldbenolaterthan30daysfromthesubmissionofthereport);etc.
Page1
1.ManagementLetter
https://nysed-cso-reports.fluidreview.com/media/assets/survey-uploads/84010/6972534-8mMIunnVv3/Management%20letter%20FY%2015-16.pdf
ExplanationfornotuploadingtheManagementLetter.
(Noresponse)
2.Form990
(Noresponse)
ExplanationfornotuploadingtheForm990.
Notdueuntil11/15socanbeuploadedoncecompleted
3.FederalSingleAudit
Note:AcopyoftheFederalSingleAuditmustbefiledwiththeFederalAuditClearinghouse.PleaserefertoOMBUniformGuidelinesforthefederalfilingrequirements.
(Noresponse)
2of2
ExplanationfornotuploadingtheFederalSingleAudit.
notapplicable,schooldidnotreceivemorethan$750,00inFederalfunds
4.CSPAgreedUponProcedureReport
(Noresponse)
Explanationfornotuploadingtheprocedurereport.
notapplicablesinceschooldidnotreceiveCSPfunds
5.EvidenceofRequiredEscrowAccount
https://nysed-cso-reports.fluidreview.com/media/assets/survey-uploads/84010/6972534-pN6H0Nalce/Bank%20Stat_2124_Aug_%202016_FY17_DRIHS.pdf
ExplanationfornotuploadingtheEscrowevidence.
(Noresponse)
6.CorrectiveActionPlan
ACorrectiveActionPlanforAuditFindingsandManagementLetterRecommendations,whichmustinclude:
a.Thepersonresponsibleb.Thedateactionwastaken,orwillbetakenc.Descriptionoftheactiontakend.Evidenceofimplementation(ifavailable)
(Noresponse)
ExplanationfornotuploadingtheCorrectiveActionPlan.
notapplicable
000CITIBANK, N. A.Account9985372124
Statement PeriodAug 1 - Aug 31, 2016
Page 1 of 1
Citibank CBO Services 903P.O. Box 769018San Antonio, Texas 78245
001/R1/04F000
DR RICHARD IZQUIERDO HEALTH AND SCIENCE CHARTER SCHOOL.SPECIAL ESCROW ACCOUNT800 HOME STREETBRONX NY 10456
CitiBusiness® ACCOUNT AS OF AUGUST 31, 2016
Relationship Summary:
Checking $75,173.04Savings -----Checking Plus -----
CHECKING ACTIVITY
CitiBusiness Interest Checking9985372124 Beginning Balance: $75,169.86
Ending Balance: $75,173.04
Date Description Debits Credits Balance08/31 INTEREST EARNED 3.18 75,173.04
Interest earned year to date $25.04
Statement Period RatesAug. 1, 2016 0.050%
CUSTOMER SERVICE INFORMATION
IF YOU HAVE QUESTIONS ON: YOU CAN CALL: YOU CAN WRITE:
Checking 877-528-0990 CitiBusiness(For Speech and Hearing 100 Citibank DriveImpaired Customers Only San Antonio, TX 78245-9966TDD: 800-945-0258)
For change in address, call your account officer or visit your branch.
© 2016 Citigroup Inc. Citibank, N.A. Member FDIC.Citibank with Arc Design and CitiBusiness are registered service marks of Citigroup Inc.
2015-16 Budget & Cash Flow Template
General Instructions and Notes for New Application Budgets and Cash Flows Templates
1 2
3
4
5
New York State Education Department Request for Proposals to Establish Charter Schools Authorized by the
Board of Regents
Complete ALL SIX columns in BLUEEnter information into the GRAY cells
Cells containing RED triangles in the upper right corner in columns B through G contain guidance on that particular item
Funding by School District information for all NYS School district is located on the State Aid website at https://stateaid.nysed.gov/charter/. Refer to this website for per-pupil tuition funding for all school districts. Rows may be inserted in the worksheet to accomodate additional districts if necessary.
The Assumptions column should be completed for all revenue and expense items unless the item is self-explanatory. Where applicable, please reference the page number or section in the application narrative that indicates the assumption being made. For instance, student enrollment would reference the applicable page number in Section I, C of the application narrative.
Dr. Richard Izquierdo Health & Science Charter SchoolPROJECTED BUDGET FOR 2016-2017 Assumptions
July 1, 2016 to June 30, 2017 DESCRIPTION OF ASSUMPTIONS - Please note assumptions when applicable
Please Note: The student enrollment data is entered below in the Enrollment Section beginning in row 155. This will populate the data in row 10.
OTHER FUNDRAISING TOTAL
Total Revenue 9,202,991 4,707,566 - 70,500 2,500 13,983,557 Total Expenses 8,591,563 4,428,310 - 66,513 771,962 13,858,349
Net Income 611,428 279,256 - 3,987 (769,462) 125,208 Actual Student Enrollment 601 137 -
Total Paid Student Enrollment 601 137 738
PROGRAM SERVICES SUPPORT SERVICES
OTHER FUNDRAISING TOTAL
REVENUEREVENUES FROM STATE SOURCES
Per Pupil Revenue
District of Location $14,027.00 8,430,227 1,921,699 - - - 10,351,926
School District 2 (Enter Name) - - - - - -
School District 3 (Enter Name) - - - - - -
School District 4 (Enter Name) - - - - - -
School District 5 (Enter Name) - - - - - -
8,430,227 1,921,699 - - - 10,351,926
Special Education Revenue - 2,609,713 - - - 2,609,713
Grants
Stimulus - - - - - -
Other - - - - - -
Other State Revenue 258,430 58,910 - - - 317,340
TOTAL REVENUE FROM STATE SOURCES 8,688,657 4,590,322 - - - 13,278,979
REVENUE FROM FEDERAL FUNDING
IDEA Special Needs 111,568 25,432 - - - 137,000
Title I 347,547 79,224 - - - 426,771
Title Funding - Other 7,451 1,699 - - - 9,150
School Food Service (Free Lunch) - - - - - -
Grants
Charter School Program (CSP) Planning & Implementation - - - - - -
Other - - - - - -
Other Federal Revenue - - - - - -
TOTAL REVENUE FROM FEDERAL SOURCES 466,566 106,355 - - - 572,921
LOCAL and OTHER REVENUE
Contributions and Donations, Fundraising - - - 70,500 - 70,500
Erate Reimbursement - - - - - -
Interest Income, Earnings on Investments, - - - - 2,500 2,500
NYC-DYCD (Department of Youth and Community Developmt.) - - - - - -
Food Service (Income from meals) - - - - - -
Text Book - - - - - -
Other Local Revenue 47,768 10,889 - - - 58,657
TOTAL REVENUE FROM LOCAL and OTHER SOURCES 47,768 10,889 - 70,500 2,500 131,657
TOTAL REVENUE 9,202,991 4,707,566 - 70,500 2,500 13,983,557
List exact titles and staff FTE"s ( Full time eqiuilivalent)
EXPENSES
ADMINISTRATIVE STAFF PERSONNEL COSTS No. of Positions
Executive Management - - - - - - -
Instructional Management 1.00 72,100 36,050 9,013 63,088 180,250
Deans, Directors & Coordinators 14.00 897,781 281,902 - - 1,179,683
CFO / Director of Finance 2.00 15,180 15,180 15,180 106,260 151,800
Operation / Business Manager 5.00 29,115 29,115 8,000 224,920 291,150
Administrative Staff 5.00 23,091 23,091 2,971 181,758 230,910
TOTAL ADMINISTRATIVE STAFF 27 1,037,267 385,338 - 35,163 576,025 2,033,793
INSTRUCTIONAL PERSONNEL COSTS
Teachers - Regular 43.00 2,258,106 514,743 - - - 2,772,849
Teachers - SPED 29.00 - 1,703,125 - - - 1,703,125
Substitute Teachers 1.00 85,508 19,492 - - - 105,000
Teaching Assistants 16.00 652,443 148,727 - - - 801,170
Specialty Teachers 13.00 695,361 158,510 - - - 853,871
REGULAR EDUCATION
SPECIAL EDUCATION
MANAGEMENT & GENERAL
REGULAR EDUCATION
SPECIAL EDUCATION
MANAGEMENT & GENERAL
CY Per Pupil Rate
Dr. Richard Izquierdo Health & Science Charter SchoolPROJECTED BUDGET FOR 2016-2017 Assumptions
July 1, 2016 to June 30, 2017 DESCRIPTION OF ASSUMPTIONS - Please note assumptions when applicable
Please Note: The student enrollment data is entered below in the Enrollment Section beginning in row 155. This will populate the data in row 10.
OTHER FUNDRAISING TOTAL
Total Revenue 9,202,991 4,707,566 - 70,500 2,500 13,983,557 Total Expenses 8,591,563 4,428,310 - 66,513 771,962 13,858,349
Net Income 611,428 279,256 - 3,987 (769,462) 125,208 Actual Student Enrollment 601 137 -
Total Paid Student Enrollment 601 137 738
PROGRAM SERVICES SUPPORT SERVICES
OTHER FUNDRAISING TOTAL
REGULAR EDUCATION
SPECIAL EDUCATION
MANAGEMENT & GENERAL
REGULAR EDUCATION
SPECIAL EDUCATION
MANAGEMENT & GENERAL
Aides - - - - - - -
Therapists & Counselors 4.00 273,610 62,370 - - - 335,980
Other 4.00 - - - - - -
TOTAL INSTRUCTIONAL 110 3,965,028 2,606,967 - - - 6,571,995
NON-INSTRUCTIONAL PERSONNEL COSTS
Nurse - - - - - - -
Librarian - - - - - - -
Custodian - - - - - - -
Security - - - - - - -
Other - 83,879 19,121 - - - 103,000
TOTAL NON-INSTRUCTIONAL - 83,879 19,121 - - - 103,000
SUBTOTAL PERSONNEL SERVICE COSTS 137 5,086,174 3,011,426 - 35,163 576,025 8,708,788
PAYROLL TAXES AND BENEFITS
Payroll Taxes 521,182 297,525 3,393 55,586 877,686
Fringe / Employee Benefits 695,072 396,793 4,525 74,133 1,170,523
Retirement / Pension 150,300 85,801 979 16,030 253,110
TOTAL PAYROLL TAXES AND BENEFITS 1,366,554 780,118 - 8,897 145,749 2,301,319
TOTAL PERSONNEL SERVICE COSTS 6,452,729 3,791,544 - 44,060 721,774 11,010,107
CONTRACTED SERVICES
Accounting / Audit 11,876 6,780 77 1,267 20,000
Legal 20,783 11,865 135 2,217 35,000
Management Company Fee - - - - -
Nurse Services - - - - -
Food Service / School Lunch - - - - -
Payroll Services 17,814 10,170 116 1,900 30,000
Special Ed Services - 20,000 - - 20,000
Titlement Services (i.e. Title I) - - - - -
Other Purchased / Professional / Consulting 604,445 152,650 282 4,623 762,000
TOTAL CONTRACTED SERVICES 654,919 201,464 - 611 10,007 867,000
SCHOOL OPERATIONS
Board Expenses - - - 10,000 10,000
Classroom / Teaching Supplies & Materials 228,836 52,164 - - 281,000
Special Ed Supplies & Materials - - - - -
Textbooks / Workbooks 49,723 11,334 - - 61,057
Supplies & Materials other 74,107 16,893 - - 91,000
Equipment / Furniture 34,500 17,740 188 3,072 55,500
Telephone 9,968 5,690 65 1,063 16,786
Technology 42,510 24,267 277 4,534 71,588
Student Testing & Assessment 61,567 14,034 - - 75,601
Field Trips 117,268 26,732 - - 144,000
Transportation (student) - - - - -
Student Services - other 526,976 120,126 - - 647,102
Office Expense 65,765 37,543 428 7,014 110,750
Staff Development 78,586 17,914 - - 96,500
Staff Recruitment 24,940 14,237 162 2,660 42,000
Student Recruitment / Marketing 4,072 928 - - 5,000
School Meals / Lunch 54,097 12,331 - - 66,428
Travel (Staff) 17,814 10,170 116 1,900 30,000
Fundraising - - 20,000 - 20,000
Other 45,434 25,937 296 4,846 76,513
TOTAL SCHOOL OPERATIONS 1,436,163 408,042 - 21,532 35,089 1,900,825
Dr. Richard Izquierdo Health & Science Charter SchoolPROJECTED BUDGET FOR 2016-2017 Assumptions
July 1, 2016 to June 30, 2017 DESCRIPTION OF ASSUMPTIONS - Please note assumptions when applicable
Please Note: The student enrollment data is entered below in the Enrollment Section beginning in row 155. This will populate the data in row 10.
OTHER FUNDRAISING TOTAL
Total Revenue 9,202,991 4,707,566 - 70,500 2,500 13,983,557 Total Expenses 8,591,563 4,428,310 - 66,513 771,962 13,858,349
Net Income 611,428 279,256 - 3,987 (769,462) 125,208 Actual Student Enrollment 601 137 -
Total Paid Student Enrollment 601 137 738
PROGRAM SERVICES SUPPORT SERVICES
OTHER FUNDRAISING TOTAL
REGULAR EDUCATION
SPECIAL EDUCATION
MANAGEMENT & GENERAL
REGULAR EDUCATION
SPECIAL EDUCATION
MANAGEMENT & GENERAL
FACILITY OPERATION & MAINTENANCE
Insurance 44,784 25,565 292 4,776 75,417
Janitorial - - - - -
Building and Land Rent / Lease - - - - -
Repairs & Maintenance 2,969 1,695 19 317 5,000
Equipment / Furniture - - - - - -
Security - - - - - -
Utilities - - - - - -
TOTAL FACILITY OPERATION & MAINTENANCE 47,753 27,260 - 311 5,093 80,417
DEPRECIATION & AMORTIZATION - - - - - -
DISSOLUTION ESCROW & RESERVES / CONTIGENCY - - - - - -
TOTAL EXPENSES 8,591,563 4,428,310 - 66,513 771,962 13,858,349
NET INCOME 611,428 279,256 - 3,987 (769,462) 125,208
ENROLLMENT - *School Districts Are Linked To Above Entries*
District of Location 601 137 738
School District 2 (Enter Name) -
School District 3 (Enter Name) -
School District 4 (Enter Name) -
School District 5 (Enter Name) -
TOTAL ENROLLMENT 601 137 738
REVENUE PER PUPIL 15,313 34,362 -
EXPENSES PER PUPIL 14,295 32,323 -
REGULAR EDUCATION
SPECIAL EDUCATION
TOTAL ENROLLED
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Entry9BOTTableCreated:07/05/2016Lastupdated:08/04/2016
Page1
1.CurrentBoardMemberInformation
TrusteeName
EmailAddress
PositionontheBoard
CommitteeAffiliations
VotingMember?(Y/N)
AreaofExpertise,and/orAdditionalRoleatSchool(parent,staffmember,etc.)
NumberofTermsServedandLengthofEach(Includeelectiondateandtermexpiration)
1 Dr.RichardIzquierdo
ViceChair/VicePresident
FounderEducationandExecutive
YesFounder-HealthProfessional
2010
2 DuamaOller
Chair/BoardPresident
Education,Executive,Finance,andBoardDevelopment
YesHealthandNonProfitManagement
2010
3 MalloryLocke
Trustee/Member Education Yes
EducationProfessional
2015
4PalomaHernandez
Secretary
FounderExecutive,Finance,andBoardDevelopment
Yes
HealthandNonProfitManagement
2010
5 MarshallKesten
[email protected] Treasurer
ExecutiveandFinance
YesBusinessManagement
2010
6 EpifanioCastillo
Trustee/Member
ExecutiveandEducation
YesLegalandHumanResources
2011
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7 RosaAgosto
Trustee/Member
FounderExecutive,Education,andBoardDevelopment
Yes
Community,NotforProfit,andTalentMangagement
2010
8 DrSamuelDeLeon
Trustee/Member Finance Yes
HealthProfessional
2010
9 AkinsRawlins
Trustee/Member Finance Yes
BusinessManagement
2016
10 FranciscoLugovina
Trustee/Member
EducationandFinance
Yes
GovernanceandBusinessManagement
2011
11 LauraChavez
Trustee/Member Education Yes
EducationProfessional
2013
12
13
14
15
16
17
18
19
20
2.TotalNumberofMembersonJune30,2015
11
3.TotalNumberofMembersJoiningtheBoard2015-16SchoolYear
1
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4.TotalNumberofMembersDepartingtheBoardduringthe2015-16SchoolYear
1
5.NumberofVotingMembers2015-16,assetbytheby-laws,resolutionorminutes
11
6.NumberofBoardMeetingsConductedinthe2015-16SchoolYear
12
7.NumberofBoardMeetingsScheduledforthe2016-17SchoolYear
12
Thankyou.
DrRichardIzquierdoHealth&SciencewebsitelinktoBoardMinuteshttp://www.healthscienceschool.org/board-of-trustees/board-meeting-minutes/
00 HOME STREET, BRONX, NY 10456 x TEL: 718-378-0490 x WWW.HEALTHSCIENCESCHOOL.ORG
Enrollment and Retention Targets for FRL, ELL and SWD:
DRIHSCS strives to increase enrollment and retention targets. The following table highlights the comparison of DRIHSCS enrollment for these special populations in each year of school operations thus far and for the surrounding district for the years data is publicly available for CSD 12.1
Percentage Enrollment of At-Risk Groups at DRIHSCS and CSD 122
2012-13 2013-14 2014-15 2015-16
CSD 12 DRIHSCS CSD
12 DRIHSCS CSD 12 DRIHSCS CSD 12 DRIHSCS
FRL 89.0% 81.4% 91%
91% 90% 92% NA
96%
ELL 16.9% 7.8% 19% 10% 19% 10% NA 14%
SWD 17.5% 13.4% 22% 12% 22% 17% NA 17%
Our vigilance in increasing numbers for At-Risk Groups at DIRHSCS is moving forward. The 2015-2016 FRL data exceeds previous years CSD 12 data. Enrollment data for the 2015-2016 year shows an increase of ELL data from 10% to 14%. Besides the continuation of previous strategies to increase at-risk groups, the Board of Directors has approved a modification of the lottery system for adding new admits to offer preference to ELL.
DRIHSCS has been challenged in enrolling comparable percentages of ELLs with that of the district. The School has consistently had a percentage of ELLs that is approximately one-half the percentage of ELLS in CSD 12. Although DRIHSCS’ student population does not reflect the same proportion of ELLs in the surrounding district, it is noteworthy that over 50% of the School’s total student body reside in homes where English is not the first language. Three-quarters of these families indicate Spanish is their home language with the remaining 25% having a home language of one of a diverse range of languages from countries in Africa and the Middle East.
The School continues to make good faith efforts to reach out to families who represent these three at-risk segments of the community. DRIHSCS’ recruitment efforts leverage existing community resources which serve predominantly low-income to poverty-level families with middle school children. The School has developed relationships with churches, mosques, libraries, feeder schools (with a focus on schools with high FRL, SWD and ELL populations) and community-based organizations (including the School’s partner, UHP, which promotes the School to its healthcare clients). These relationships help DRIHSCS inform a wide swath of the community about the educational opportunities available for middle school children in the School. The School places notices about upcoming School open houses and information sessions at these venues and the School’s applications are made available at their physical locations. Beginning in January, School staff conducts walk-throughs in the community distributing applications and notices to high trafficked locations (supermarkets, Laundromats, bodegas and other commercial businesses) to cast as wide a net as possible. The School has been successful in tying its own marketing and recruitment efforts to larger neighborhood events to reach families who come out for these community celebrations. The School also conducts a mass mailing of its applications to targeted zip codes using the services of Vanguard.
1 District data compiled from New York State District Report Card for CSD available on the NYSED website
00 HOME STREET, BRONX, NY 10456 x TEL: 718-378-0490 x WWW.HEALTHSCIENCESCHOOL.ORG
e
The School’s partner, UHP, is a critical resource for DRIHSCS given its access to low-income families and families from the Latino community and other immigrant communities, a significant segment of their healthcare clientele. The School hosts information and student recruitment sessions at UHP specifically targeting the immigrant families that receive medical care there. In addition, the DRIHSCS application is available on the School’s website in English and Spanish and copies of the English and Spanish version of the application are available at the School, UHP and other community organizations that serve immigrant families. DRIHSCS also participates in the Common Charter Application process with the New York Charter Center which provides the application in a number of languages other than English.
A challenge for DRIHSCS in recruiting immigrant families, many of which have children who may be designated as ELLs, has been its physical location which is not in close proximity to the neighborhoods in CSD 12 with large concentrations of Latino or other immigrant residents. The immediate surrounding community of the School is predominantly African-American. While students typically travel outside their neighborhoods and CSDs to attend high school, families of middle school students—the School’s major point of student intake—typically still look at options for their children that are in close proximity to their homes. This is particularly true for families new to America who are much more protective of their children and less likely to explore a school where their children would have a longer commute. Because of this, DRIHSCS recognizes it must do more work to market the School to Latino and other immigrant parents as a highly desirable option for their children and one that will provide them with the supports they need to become English proficient and thus be able to share in the School’s mission of preparing them well academically, socially and emotionally for success in college and future health careers. DRIHSCS must demonstrate successfully to these parents the tremendous value that it can offer their children in order to convince them to seriously explore an option that might be well outside their neighborhood.
Specifically, DRIHSCS continues to assess whether its marketing and recruitment materials and efforts are targeting the immigrant population as effectively as they can. It looks to better describe the instructional supports, especially the ESL instructional staff focused on ensuring ELLs gain English proficiency both in it written literature as well as oral presentations. Likewise, it is important that its recruitment materials and information sessions discuss its inclusive program, particularly the supports available for SWD and Title I children. Parents must be assured that their children can be effectively served by the School and that their children and they will be an integral part of DRIHSCS’ welcoming and diverse community.
Once in the school, DRIHSCS does ensure that non-English speaking parents are engaged in the community to support the retention of their children. Based on its current language demographics, all DRIHSCS-specific school handouts are provided in English and Spanish. For Parent Teacher Conferences, DRIHSCS ensures that a translator is available when the parent does not speak English and this need has been mainly for the School’s Latino families. Should it be aware of parents who need a translator who speaks a language other than Spanish or materials translated in a language other than English or Spanish, it would secure those materials or services.
Evidence of the best faith efforts it has made to ensure enrollment and retention of special populations can be found on site and include recruitment materials, mailing lists of organizations that receive School recruitment materials, invoices for the mass mailings carried out by Vanguard, copies of School specific handouts in Spanish, among other documentation.
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Entry12TeacherandAdministratorAttritionLastupdated:07/20/2016
Reportchangesinteacherandadministratorstaffing.
Page1
InstructionsforcompletingtheTeacherandAdministratorAttritionTablesThefollowingtablesreflectformattingintheonlineportalrequiredforRegentsauthorizedcharterschools.Schoolsshouldprovide,forteachersandadministratorsonly,thefulltimeequivalent(FTE)ofstaffonJune30,2015;theFTEforaddedstafffromJuly1,2015throughJune30,2016;andtheFTEforanydepartedstafffromJuly1,2015throughJune30,2016usingthetwotablesprovided.
2015-16TeacherAttritionTable
FTETeachersonJune30,2015
FTETeachersDeparted7/1/15–6/30/16
FTETeachersFillingVacantPositions7/1/15–6/30/16
FTETeachersAddedinNewPositions7/1/15-6/30/16
FTEofTeachersonJune30,2016
46 0 0 10 56
2015-16AdministratorPositionAttritionTable
FTEAdministrativePositionsonJune30,2015
FTEAdministratorsDeparted7/1/15–6/30/16
FTEAdministratorsFillingVacantPositions7/1/15–6/30/16
FTEAdministratorsAddedinNewPositions7/1/15-6/30/16
FTEAdministrativePositionsonJune30,2016
5 0 0 2 7
Thankyou
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Entry13UncertifiedTeachersLastupdated:07/20/2016
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ThetablebelowisreflectiveoftheinformationcollectedthroughtheonlineportalforcompliancewithNewYorkStateEducationLaw2854(3)(a-1)forteachingstaffqualifications.Entertherelevantfulltimeequivalent(FTE)countofteachersineachcolumn.Forexample,aschoolwith20fulltimeteachersand5halftimeteacherswouldhaveanFTEcountof22.5.Ifmorethanonecolumnappliestoaparticularteacher,pleaseselectonecolumnfortheFTEcount.
StaffQualifications(June30,2016)Note:ColumnsshouldsumtotheFTEcountofTeachersonJune30,2016,andeachteachershouldbeinonlyonecolumn.
1.FTECountofUncertifiedTeachers(6-30-15) 0
2.FTEcountofuncertifiedteacherwithatleastthreeyearsofelementary,middleorsecondaryclassroomteachingexperience(6-30-15)
3
3.FTEcountofuncertifiedteacherswhoaretenuredortenuretrackcollegefaculty(6-30-15) 0
4.FTEcountofuncertifiedteacherswithtwoyearsofTeachforAmericaexperience(6-30-15) 2
5.FTEcountofuncertifiedteacherswithexceptionalbusiness,professional,artistic,athletic,ormilitaryexperience(6-30-15)
0
6.FTEcountofuncertifiedteacherswhodonotfitintoanyofthepriorfourcategories 0
Total 5.0
Thankyou.
Organizational Chart
Board of Trustees
Head of School/Principal
Director of Teaching & Learning, HS
Director of SpEd & ELL Services
Director of Teaching & Learning, MS
Director of Assessment & Data
Director of Teaching & Learning, Special
Programming
Director of Academic & School Culture
Director of Operations
Director of College
Transition
Executive Assistant
Contracted Services: Finance Consultant
Educational Consultants
Deans
HS Lead Teachers
HS Teachers, Social Worker, School Counselor
SP Lead Teachers
SP Teachers, Kaplan, Coaches
Family Engagement Liaison Program Coordinator for Individual PD
Tech Team
Business/HR Manager
MS Lead Teachers
MS Teachers, Social Worker, School Counselor
Director of Finance
Ops Team
Ops Coordinator
TERM 1 Days 45 July JanuaryFirst Day:Sept 1, 2016 Su M Tu W Th F Sa 5-29 Grade 6-12 Summer Academy Su M Tu W Th F Sa 2 Winter Break: No School
Last Day: November 4, 2016 1 2 27 1 2 3 4 5 6 7 16 No School: Martin Luther King, Jr. Holiday
3 4 5 6 7 8 9 8 9 10 11 12 13 14 30 No School: Chancellor's Day: PD Day
TERM 2 Days 45 10 11 12 13 14 15 16 15 16 17 18 19 20 21 25First Day: November 7, 2016 17 18 19 20 21 22 23 22 23 24 25 26 27 28
Last Day: January 20, 2017 24 25 26 27 28 29 30 29 30 31
TERM 3 Days 45 August FebruaryFirst Day: January 23, 2017 Su M Tu W Th F Sa 22- 31 Professional Development all Faculty/Staff Su M Tu W Th F Sa 6-10 Tenative PTC DatesLast Day: March 31, 2017 1 2 3 4 5 6 24 Board Meeting 1 2 3 4 20-24 Midwinter Recess: (DRIHSCS Closed)
7 8 9 10 11 12 13 5 6 7 8 9 10 11 22
TERM 4 Days 51 14 15 16 17 18 19 20 12 13 14 15 16 17 18 February TBD Black History Month NightFirst Day: April 3, 2017 21 22 23 24 25 26 27 19 20 21 22 23 24 25Last Day: June 22, 2017 28 29 30 31 26 27 28
TERM 5 Days 19 September March
First Day: July 5, 2017 1-2 Orientation Days 1: Dismissal Su M Tu W Th F Sa 28-30 NYS ELA Exam 6-8Last Day: July 31, 2017 Su M Tu W Th F Sa 5 Labor Day (DRIHSCS Closed) 1 2 3 4 22
1 2 3 6 First Full Day of School 5 6 7 8 9 10 11
4 5 6 7 8 9 10 22 Back to School Night (5:00-7:00pm) 12 13 14 15 16 17 18
TOTAL DAYS 205 11 12 13 14 15 16 17 28 Board Meeting 19 20 21 22 23 24 25
18 19 20 21 22 23 24 26 27 28 29 30 31
25 26 27 28 29 30October April
NO SCHOOL for Students and Teachers 10 Columbus Day Observed (DRIHSCS Closed) Su M Tu W Th F Sa 10-18 Spring Recess: No SchoolNO SCHOOL for Students Only Su M Tu W Th F Sa 27 Hispanic/Latino Cultural Night 1 TBA Poetry Slam1:30PM Dismissal for Students 1 26 Board Meeting 2 3 4 5 6 7 8 26
Saturday Academy 2 3 4 5 6 7 8 31 Half Day 9 10 11 12 13 14 15
Early Dismissal 9 10 11 12 13 14 15 16 17 18 19 20 21 22
16 17 18 19 20 21 22 23 24 25 26 27 28 29
23 24 25 26 27 28 29 30
30 31November May
8 Election Day (No school for scholars) Su M Tu W Th F Sa 2-4 NYS Math Exam 6-8th GradeSu M Tu W Th F Sa Chancellor's Day: PD day for all staff 1 2 3 4 5 6 24
1 2 3 4 5 11 Veteran's Day (DRIHSCS Closed) 7 8 9 10 11 12 13 29 Memorial Day
6 7 8 9 10 11 12 16-18 Parent Teacher Conferences 14 15 16 17 18 19 20
13 14 15 16 17 18 19 23 Half Day Early Dismissal 21 22 23 24 25 26 27
20 21 22 23 24 25 26 24-25 Thanksgiving Recess (DRIHSCS Closed) 28 29 30 31
27 28 29 30 30 Board Meeting December June
22 Su M Tu W Th F Sa 14-21 RegentsExams
Su M Tu W Th F Sa 23 Early Dismissal 1 2 3 June TBD 8th Grade Dance
1 2 3 26-30 Winter Break: No School 4 5 6 7 8 9 10 22 Last Day of School
4 5 6 7 8 9 10 28 Board Meeting 11 12 13 14 15 16 17 28
11 12 13 14 15 16 17 18 19 20 21 22 23 24
18 19 20 21 22 23 24 25 26 27 28 29 30
25 26 27 28 29 30
Board Meeting
Board Meeting
Festival of Lights Night
LEGEND
OCTOBER
APRIL
NOVEMBER
MAY
DECEMBER
JUNE
Dr. Richard Izquirdo Health & Science Charter School Academic Calendar 2016-2017JULY JANUARY
August FEBRUARY
Board Meeting
Board Meeting
Board Meeting
Board Meeting
Board Meeting
SEPTEMBER
MARCH
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