2025-03-31T14:52:31-05:00 2024-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2023-07-01 113602805 OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS OURW 7183923405 36-12 35TH AVENUE ASTORIA NY 11106 BRIAN FERGUSON CEO 7183923405 2025-03-28 1 0 JACQUELINE B LEE CPA P00842765 5854231860 2025-03-28 2023 2025-03-06 01:10:19Z BRIAN FERGUSON 36-12 35TH AVENUE ASTORIA NY 11106 32882227 0 X WWW.OWNCS.ORG X 2001 NY OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS (OWNCS) WAS ORGANIZED TO INCREASE LEARNING OPPORTUNITIES FOR STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS AND TO ENABLE PARENTS TO BE MORE INVOLVED IN THEIR CHILDREN'S EDUCATION. IN FISCAL YEAR 2024, OUR WORLD NEIGHBORHOOD CHARTER SCHOOL OPERATED CLASSES FOR APPROXIMATELY 1,332 STUDENTS IN GRADES K-8. 7 7 230 7 0 0 5900469 6172031 21685913 26706985 89 3211 0 0 27586471 32882227 0 0 0 0 18137648 20479161 0 0 122395 11154571 15252024 29292219 35731185 -1705748 -2848958 52533951 133502219 51803755 135620981 730196 -2118762 X OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS' MISSION IS TO EDUCATE THE STUDENTS TO BECOME INDEPENDENT THINKERS AND LIFELONG LEARNERS. THE ORGANIZATION IS COMMITTED TO AN EDUCATIONAL PHILOSOPHY BASED ON INQUIRY, ACTIVE AND EXPERIENTIAL LEARNING, AND SOCIAL JUSTICE, THROUGH A LITERACY-BASED, INTEGRATED AND RIGOROUS STANDARDS-DRIVEN CURRICULUM THAT ENCOURAGES COMMUNITY AND HONORS DIVERSITY. 0 0 28337422 24479127 OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS' (OWNCS) SERVES A SUCCESSFUL KINDERGARTEN THROUGH GRADE 8 EDUCATIONAL PROGRAM. THE SCHOOL PROVIDES ACADEMIC EDUCATIONAL SERVICE FOR 190 DAYS DURING THE SCHOOL YEAR. AS SUCH, THEIR STUDENTS ARE TESTED ON A REGULAR BASIS AS REQUIRED BY THE NEW YORK CITY BOARD OF EDUCATION. IN FISCAL YEAR 2024, THEY OPERATED CLASSES FOR 1,332 STUDENTS. 2041314 2227858 THE SPECIAL EDUCATION PROGRAM OFFERS SPECIAL SERVICES TO QUALIFYING STUDENTS. SERVICES INCLUDE SPEECH, SPECIAL EDUCATION, AND RESOURCE ROOM. IN FISCAL YEAR 2024, THEY OPERATED CLASSES FOR 120 STUDENTS. 30378736 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 29 0 230 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FABIO CUELLAR 7183923405 36-12 35TH AVE ASTORIA NY 11106 JEANETTE BETANCOURT CHAIR 2.00 X X 0 0 0 LIZ FERNANDEZ TRUSTEE 2.00 X 0 0 0 RICHARD BOGLE TRUSTEE 2.00 X 0 0 0 MELISSA CHIN TRUSTEE 2.00 X 0 0 0 OLUBUNMI EMIGILI TRUSTEE 2.00 X 0 0 0 KALIMAH AYELE TRUSTEE 2.00 X 0 0 0 MAURA FITZGERALD SECRETARY 2.00 X X 0 0 0 BRIAN FERGUSON CHIEF EXECUTIVE OFFICER 40.00 X 233419 0 32045 KARRINE MONTAQUE CHIEF FINANCIAL OFFICER 40.00 X 195382 0 37374 RICHARD LEE CHIEF ACADEMIC OFFICER 40.00 X 197406 0 29479 DOUGLAS RICKETTS PRINCIPAL 40.00 X 189638 0 19603 MARK CRUSANTE DIRECTOR OF PUBLIC RELATIONS 40.00 X 168257 0 19726 STEPHANIE SHILLING INSTRUCTIONAL TEACHER 40.00 X 162727 0 22333 MARIA MIKANDA PRINCIPAL 40.00 X 162542 0 18058 VERONICA POLANCO TEACHER 40.00 X 148046 0 20557 1457417 0 199175 10 0 1 0 JSB REALTY NO2 LLC 15 OCEAN AVENUE BROOKLYN NY 11225 RENT - OWN 2 2242804 BARONE RGAR LLC 1044 NOTHERN BLVD 302 ROSLYN NY 11576 RENT - OWN 3 1086848 3827 BABA LLC 2348 SPRINGSIDE OVAL BRECKSVILLE OH 44141 RENT - OWN 1 MS 951539 NYC ECONOMIC DEVELOPMENT CORPORATION PO BOX 5264 NEW YORK NY 10008 RENT - ES 554627 IMPERIAL CLEANING 151 DIXON AVENUE AMITYVILLE NY 11701 FACILITIES CLEANING & MAINTENANCE 363520 12 6172031 91467 6172031 PER PUPIL REVENUES 611110 26671911 26671911 STUDENT ACTIVITY FEES 611110 35074 35074 26706985 3211 3211 32882227 26706985 0 3211 721488 236163 485325 15927892 14473615 1360163 94114 663476 562352 95553 5571 1728375 1523122 193758 11495 1437930 1276476 153700 7754 30405 30405 86949 86949 1667268 1334951 332317 230476 215262 15214 397232 207651 189338 243 313224 232394 80552 278 9219458 7388282 1830720 456 700167 637189 62978 225768 182176 43592 REPAIRS & MAINTENANCE 890600 699715 190885 STAFF DEVELOPMENT 427959 413467 14492 SUPPLIES & MATERIALS 426915 425832 1083 FOOD SERVICE 315637 315637 319966 254452 63030 2484 35731185 30378736 5230054 122395 2102558 1627219 1735102 1483714 189472 213221 11667539 8310891 2526918 3356648 45979901 126821417 52533951 133502219 3078732 3519611 492181 48232842 132101370 51803755 135620981 X 730196 -2118762 730196 -2118762 52533951 133502219 -2848958 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5067799 3942576 1125223 6599740 4368315 2231425 3356648 CASH IN ESCROW 207178 SECURITY DEPOSITS 1031744 OPERATING RIGHT-OF-USE-ASSETS 125562146 DEFERRED COMPENSATION INVESTMENTS 20349 126821417 OPERATING LEASE LIABILITY 132081021 DEFERRED COMPENSATION 20349 132101370 X 32882227 0 32882227 0 32882227 35731185 0 35731185 0 35731185 PART X, LINE 2: THE EDUCATION CORPORATION IS A TAX-EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOLS FILE FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE CHARTER SCHOOLS' CURRENT AND PRIOR THREE YEARS TAX RETURNS REMAIN SUBJECT TO POTENTIAL REVENUE BY TAXING AUTHORITIES. MANAGEMENT OF THE CHARTER SCHOOLS BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN THE QUEENS GAZETTE. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT CHARGE TUITION, THEREFORE IT DOES NOT AWARD SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE TO ITS STUDENTS. SCHEDULE E, PART I, LINE 6 FEDERAL AID AND FOOD SUBSIDIES FROM GOVERNMENT AGENCIES ARE PROVIDED TO THE ORGANIZATION. X X X X 0 1 0 0 0 0 0 1 0 BRIAN FERGUSON CHIEF EXECUTIVE OFFICER 223419 0 10000 0 0 0 23824 0 8221 0 265464 0 0 0 KARRINE MONTAQUE CHIEF FINANCIAL OFFICER 185382 0 10000 0 0 0 11557 0 25817 0 232756 0 0 0 RICHARD LEE CHIEF ACADEMIC OFFICER 197406 0 0 0 0 0 12215 0 17264 0 226885 0 0 0 DOUGLAS RICKETTS PRINCIPAL 189638 0 0 0 0 0 11382 0 8221 0 209241 0 0 0 MARK CRUSANTE DIRECTOR OF PUBLIC RELATIONS 168257 0 0 0 0 0 10477 0 9249 0 187983 0 0 0 STEPHANIE SHILLING INSTRUCTIONAL TEACHER 162727 0 0 0 0 0 10034 0 12299 0 185060 0 0 0 MARIA MIKANDA PRINCIPAL 162542 0 0 0 0 0 9837 0 8221 0 180600 0 0 0 VERONICA POLANCO TEACHER 148046 0 0 0 0 0 8947 0 11610 0 168603 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUAL PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND IS ABLE TO DEFER A PORTION OF COMPENSATION UP TO THE MAXIMUM AMOUNT ALLOWED UNDER THE IRS REGULATIONS: BRIAN FERGUSON - $20,349 457(B) PLAN PART I, LINE 7 ANY BONUS FOR BRIAN FERGUSON WOULD BE DETERMINED BY THE BOARD AND ANY BONUS FOR THE PRINCIPALS AND OTHER MEMBERS OF MANAGEMENT WOULD BE DETERMINED BY BRIAN FERGUSON. THEY ARE BASED ON PERFORMANCE. X 91467 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER REVIEWS THE 990. THE 990 IS SUBSEQUENTLY SENT TO THE FINANCE COMMITTEE FOR THEIR REVIEW, COMMENTS, QUESTIONS OR CORRECTIONS. A COPY OF THE FINAL 990 IS THEN DISTRIBUTED TO THE FULL BOARD PRIOR TO BEING FILED WITH PROPER AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF THE SCHOOL THAT ALL DIRECTORS, OFFICERS, EMPLOYEES, AGENTS AND CONTRACTORS AVOID ALL ACTIVITIES THAT CONFLICT WITH OR APPEAR TO CONFLICT WITH THEIR RESPONSIBILITIES AND OBLIGATIONS TO THE SCHOOL. CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REQUIRED TO BE SIGNED BY OFFICERS AND EMPLOYEES ANNUALLY. WHEN A CONFLICT ARISES, IT IS BROUGHT TO THE BOARD'S ATTENTION TO BE DISCUSSED. THE MEMBER WHO HAS THIS CONFLICT MUST RECUSE THEMSELVES FROM PARTICIPATING IN ANY DISCUSSION RELATED TO THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE UTILIZES EXTERNAL RESOURCES, INCLUDING BENCH MARKING WITH OTHER SIMILAR ORGANIZATIONS TO ASCERTAIN THE COMPENSATION OF THE CEO. THE DETERMINATION OF THE EXECUTIVE COMMITTEE IS THEN SHARED WITH THE BOARD OF DIRECTORS. FOR ALL OTHER OFFICERS, AN EVALUATION IS DONE BY THE CEO. AN EVALUATION OF EACH OFFICER'S WORK PERFORMANCE IS ASSESSED ON AN ANNUAL BASIS. SALARY LEVELS FOR ALL OFFICERS ARE DETERMINED BY REVIEW OF EXTERNAL SALARY GUIDES OF SIMILAR ORGANIZATIONS COUPLED WITH THE OFFICER'S CERTIFICATION, EXPERIENCE AND PERFORMANCE LEVELS. THIS PROCESS WAS LAST PERFORMED TOWARDS THE END OF THE CURRENT FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C - THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.