2026-02-18T12:57:32-06:00 2025-06-30 132672154 LIPSKY GOODKIN & CO PC 120 WEST 45TH STREET 7TH FL NEW YORK NY 10036 990 2024-07-01 743161540 INTERNATIONAL LEADERSHIP CHARTER HIGH SCHOOL INTE 7185622300 3030 RIVERDALE AVENUE BRONX NY 10463 DR ELAINE RUIZ LOPEZ CEO 7185622300 2026-01-15 1 1 MESUG KIM P01291883 2128406444 2026-02-18 2024 2025-03-06 01:10:19Z DR ELAINE RUIZ LOPEZ 3030 RIVERDALE AVENUE BRONX NY 10463 8923059 0 X WWW.ILCHS.ORG X 2006 NY THE INTERNATIONAL LEADERSHIP CHARTER HIGH SCHOOL ("THE SCHOOL"), A 501(C) (3)TAX-EXEMPT ORGANIZATION, IS A PUBLIC CHARTER HIGH SCHOOL LOCATED IN BRONX, NEW YORK. THE SCHOOL OPENED IN JANUARY 2006 AND CURRENTLY OPERATES CLASSES FOR NINTH TO TWELFTH GRADE. THE SCHOOL HAS AN EXTENDED SCHOOL DAY THAT FEATURES 60 AND 90 MINUTES CLASS PERIODS STUDENTS RECEIVE 180 MINUTES PER WEEK IN EACH CORE SUBJECT, WHICH, ACCORDING TO MANAGEMENT, IS VIEWED FAVORABLY BY BOTH PARENTS AND TEACHERS. FURTHER SUPPORTING STUDENTS,THE SCHOOL OFFERS AFTER-SCHOOL TUTORING, AND DURING JANUARY STUDENTS ARE REQUIRED TO ATTEND "SATURDAY ACADEMY" FOR THREE HOURS. THE PURPOSE OF SATURDAY ACADEMY IS TO PROVIDE STUDENTS WITH SUBJECT INTENSIVE STUDY FOR REGENTS EXAM. 7 7 69 7 0 0 2211795 1157147 6408205 7652623 140205 113289 0 0 8760205 8923059 0 0 0 0 4081748 4292891 0 0 0 5511283 5241413 9593031 9534304 -832826 -611245 24131436 22163182 20636544 19279535 3494892 2883647 X THE INTERNATIONAL LEADERSHIP CHARTER HIGH SCHOOL WILL IMPLEMENT AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY CURRICULUM THAT WILL ELEVATE STUDENTS' INTELLECTUAL CAPACITY, PROVIDE A SUPERIOR HIGH SCHOOL EDUCATION TO PREPARE OUR SCHOLARS FOR A HIGH EDUCATION.OUR STUDENTS WILL MEET AND EXCEED CITY AND STATEWIDE ASSESSMENT AVERAGES ON THE NEW YORK STATE REGENTS EXAMINATIONS IN ENGLISH, HISTORY, MATHEMATICS AND SCIENCE. OUR GOAL IS TO CHANGE LIVES AND TRANSFORM COMMUNITIES, ONE SCHOLAR AT A TIME. 0 0 8452444 7652623 THE INTERNATIONAL LEADERSHIP CHATER HIGH SCHOOL ("THE SCHOOL") IMPLEMENTS AN ACADEMICALLY RIGOROUS REGENTS AND COLLEGE-PREPARATORY CURRICULUM THAT ELEVATES STUDENTS' INTELLECTUAL CAPACITY AND PROVIDES A SUPERIOR HIGH SCHOOL EDUCATION. THE SCHOOL HAS GAINED NATIONAL AND LOCAL RECOGNITION FOR ITS ACADEMIC ACHIEVEMENT. IN 2016, THE SCHOOL BECAME THE FIRST CHARTER SCHOOL IN THE BRONX TO SUCCESSFULLY OPEN A NEW FACILITY WITH A $17,750,000 MUNICIPAL BOND FINANCING ISSUED BY BUILD NYC. THE SCHOOL IS OPERATING IN A 28.500 SQUARE FOOT, THREE-STORY, STATE OF THE ART FACILITY THAT CONTAINS 17 CLASSROOMS AND NINE FLEX ROOMS TO SUPPORT STUDENT AND FACULTY ACTIVITIES AND WITH THE CAPACITY TO ACCOMMODATE APPROXIMATELY 400 STUDENTS.FROM 2014 THROUGH 2017, THE SCHOOL PLACED IN THE TOP 1% OF HIGH SCHOOLS AND WAS THE RECIPIENT OF A BRONZE AWARD FROM THE US NEWS & WORLD REPORT. DURING THE HEIGHT OF THE PANDEMIC, THE SCHOOL RECEIVED RECOGNITION FOR BEST HIGH SCHOOLS NATIONALLY AND BEST CHARTER SCHOOL IN 2020 AND 2021. THE SCHOOL HAS ACHIEVED AN AVERAGE GRADUATION RATE OF 95% OVER THE PAST 5 YEARS. THE MAJORITY OF GRADUATES MATRICULATED INTO A 4-YEAR COLLEGE OR UNIVERSITY. THE RESULTS ON THE NEW YORK STATE REGENT EXAM SCORES FAR EXCEEDED THOSE IN THE NEIGHBORING COMMUNITY SCHOOL DISTRICTS, THE CITY AND THE STATE. IN 2021 WHEN MOST NYC PUBLIC SCHOOLS WERE CLOSED DUE TO THE PANDEMIC THE SCHOOL REMAINED OPEN IN A HYBRID MODEL AND PREPARED STUDENTS FOR THE REGENTS EXAM AND KEPT SENIORS ON TRACK TO GRADUATE. THE RECENT RELEASE OF THE NYS REPORT CARD ON MARCH 10,2022 DEMONSTRATES THAT THE SCHOOL ACHIEVED A 91% GRADUATION RATE FAR EXCEEDING THE RATE OF OTHER SCHOOL THAT RANGED FROM 0%-52%. IN 2020 THE SCHOOL RECEIVED AN AECN PLANNING GRANT FROM $975,000.00 FROM THE WALTON FAMILY FOUNDATION IN ORDER TO SUPPORT THE SCHOOL'S PLANS TO EXPAND DOWN TO A MIDDLE SCHOOL. SUNY CSI APPROVED THE EXPANSION ON JUNE 16, 2021. MIDDLE SCHOOL WILL BE LAUNCHED WHEN THE PERMANENT BUILDING IS COMPLETED IN 2025. 8452444 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 69 1 0 0 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 0 0 X DR ELAINE RUIZ LOPEZ 7185622300 3030 RIVERDALE AVENUE BRONX NY 10463 LA SHAWN BUTLER CHAIR 3.00 X X 0 0 0 LUISA UBIERA SECRETARY 3.00 X X 0 0 0 MARIA GARCIA BELTRE MEMBER 3.00 X 0 0 0 DENISE MARTINEZ VASQUEZ MEMBER 3.00 X 0 0 0 YANELIS MUNOZ MEMBER 3.00 X 0 0 0 MAXIMO DUME MEMBER 3.00 X 0 0 0 BETTY QUIROZ MEMBER 3.00 X 0 0 0 DR ELAINE RUIZ LOPEZ CEO 60.00 X 267256 0 91490 DESIREE GRAND DIR OF OPERATIONS 35.00 X 110922 0 0 ANTHONY LOPEZ CO STRATEGIC PARTNER 35.00 X 157500 0 6300 ANIL EDWARD PRINCIPAL 35.00 X 163360 0 11252 LYANNE GONZALEZ CHIEF ACADEMIC OFFICER 35.00 X 124375 0 9326 823413 0 118368 5 0 1 0 TARIAN GUARD SERVICES LLC PO BOX 70056 NEW ARK NJ 07101 SECURITY SERVICE 240257 ACCOUNTING SOLUTIONS OF NEW YORK 41 WEST 37TH STREET SUITE 1207 NEW YORK NY 10018 ACCOUNTING FEES 142910 2 970250 186897 1157147 PER PUPIL FUNDING 661110 7652623 7652623 7652623 113289 113289 8923059 7652623 0 113289 267256 200442 66814 3419346 3127863 291483 76993 69349 7644 224587 202289 22298 304709 274457 30252 79617 79617 166998 166998 414729 384926 29803 114507 114507 44962 40466 4496 154089 138680 15409 1155716 1040145 115571 1168765 1051888 116877 219532 197579 21953 LEASE 441551 397396 44155 FOOD SERVICE 374098 374098 STUDENT SERVICE 363604 363604 REPAIRS & MAINTENANCE 204876 184388 20488 338369 290367 48002 9534304 8452444 1081860 0 542146 430732 376 347592 34789 35377 63143 23694132 6272118 18419329 17422014 4786616 4212504 24131436 22163182 2160192 1806902 16911906 16480673 401255 193043 1163191 798917 20636544 19279535 X 3494892 2883647 3494892 2883647 24131436 22163182 -611245 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2530000 2530000 18049106 4338300 13710806 1424061 870260 553801 1690965 1063558 627407 17422014 RESTRICTED CASH 2629933 PREDEVELOPMENT 854635 CASH IN ESCROW 75043 INVESTMENT - RETIREMENT PLAN 124524 SECURITY DEPOSITS 25609 RIGHT OF USE ASSETS 502760 4212504 DEFERRED COMPENSATION 124524 LEASE OBLIGATION 604393 DEFERRED REVENUE 70000 798917 X 8923059 0 8923059 0 8923059 9534304 0 9534304 0 9534304 PART X, LINE 2: THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 50L(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2022 THROUGH JUNE 30, 2024, ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS REQUIRED TO ADHERE TO THE PROVISIONS OF SECTION 2854 (2) OF THE EDUCATION LAW TO GUIDE THE ADMISSION POLICIES AND PROCEDURES. THE SCHOOL IS OPEN TO ANY STUDENT WHO IS QUALIFIED UNDER THE LAWS OF NEW YORK FOR ADMISSION TO A PUBLIC SCHOOL. ADMISSION OF STUDENTS WILL BE NOT BE LIMITED ON THE BASIS OF INTELLECTUAL ABILITY, MEASURES OF ACHIEVEMENT OR APTITUDE, ATHLETIC ABILITY, DISABILITY, RACE, CREED, NATIONAL ORIGIN, RELIGION, ANCESTRY, PROFICIENCY IN ENGLISH OR ANY OTHER GROUND THAT WOULD BE UNLAWFUL. ADMISSION TO ILCHS IS FREE & OPEN TO ALL STUDENTS ELIGIBLE TO ATTEND PUBLIC SCHOOL IN NYC. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES GOVERNMENT FUNDING IN THE FORM OF GOVERNMENT GRANTS. X X 0 0 0 0 0 0 0 0 0 DR ELAINE RUIZ LOPEZ CEO 267256 0 0 0 0 0 51690 0 39800 0 358746 0 0 0 ANIL EDWARD PRINCIPAL 163360 0 0 0 0 0 0 0 11252 0 174612 0 0 0 ANTHONY LOPEZ CO STRATEGIC PARTNER 157500 0 0 0 0 0 6300 0 0 0 163800 0 0 0 A BUILD NYC RESOURCE CORP 454040561 12008EBC9 2013-03-01 2920000 SPECIAL LIMITED REVENUE OBLIGATIONS 0 0 0 B BUILD NYC RESOURCE CORP 454040561 12008EBD7 2013-03-01 5360000 SPECIAL LIMITED REVENUE OBLIGATIONS 0 0 0 C BUILD NYC RESOURCE CORP 454040561 12008EBB1 2013-03-01 9470000 SPECIAL LIMITED REVENUE OBLIGATIONS 0 0 0 D BUILD NYC RESOURCE CORP 454040561 12008ELU8 2016-07-15 2905000 SPECIAL LIMITED REVENUE OBLIGATIONS 0 0 0 A 3330000 17750000 1302188 1306400 624890 14529060 1 0 0 0 B 1 0 0 0 C 1 0 0 0 D 160000 2905000 242492 58100 2792758 1 0 0 0 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 0 B 0 C 0 D 0 ADDITIONAL INFORMATION BUILD NYC RESOURCE CORP ON MARCH 21, 2013, BUILD NYC RESOURCE CORPORATION PROVIDED CONSTRUCTION AND PERMANENT FINANCING THROUGH THE ISSUANCE OF $17,750,000 IN TAX-EXEMPT REVENUE BONDS (THE SERIES 2013 BONDS), WITH PRINCIPAL AMOUNTS, INTEREST RATES AND MATURITY DATES AS FOLLOWS PRINCIPAL, AMOUNTS, INTEREST RATES, DUE DATES - $ 2,920,000 5.00% JULY 1, 2023 $5,360,000 5.75% JULY 1, 2033 $9,470,000 6.00% JULY 1, 2043. THE PROCEEDS FROM THE SALE OF THE BONDS, TOGETHER WITH OTHER AVAILABLE FUNDS, WERE USED TO (1) REFINANCE OR REIMBURSE THE SCHOOL FOR CERTAIN COSTS OF ACQUIRING, CONSTRUCTING, RENOVATING, EQUIPPING AND FURNISHING ITS FUTURE EDUCATIONAL FACILITY, (2) FUND THE SERVICE RESERVE FUND ESTABLISHED UNDER THE INDENTURE IN AN AMOUNT EQUAL TO THE DEBT SERVICE RESERVE FUND REQUIREMENT OF THE BONDS, (3) COVER INTEREST ON THE BONDS DURING CONSTRUCTION FOR A PERIOD OF SIXTEEN MONTHS, AND (4) PAY CERTAIN COSTS OF ISSUING THE SERIES 2013 BONDS. THE BONDS ARE SECURED BY THE PLEDGE AND ASSIGNMENT TO THE TRUSTEE OF THE TRUST ESTATE FOR THE BENEFIT OF THE HOLDERS OF THE BONDS. THE OBLIGATIONS OF THE SCHOOL UNDER THE LOAN AGREEMENT ARE SECURED BY THE MORTGAGES ASSIGNED TO THE TRUSTEE FOR THE BENEFIT OF THE HOLDERS OF THE BONDS. INTEREST ON THE BONDS IS PAYABLE INITIALLY ON JULY 1, 2013 AND SEMIANNUALLY THEREAFTER ON EACH JANUARY 1ST AND JULY 1ST COMPUTED ON THE BASIS OF A 360-DAY YEAR OF TWELVE 30-DAY MONTHS. ADDITIONAL BOND FINANCING OF $3,300,000 WAS OBTAINED ON JULY 15, 2016 TO PAY DOWN ADDITIONAL CONSTRUCTION COSTS. THE AMOUNT OF THE INTEREST THAT WAS CAPITALIZED AS IT RELATED TO THE FINANCING OF THE SCHOOLS FACILITY WAS $1,306,400 AS OF JUNE 30, 2021. PRINCIPAL PAYMENTS DUE ON THE BONDS BY FISCAL YEAR ARE AS FOLLOWS: 2026 $495,000 2027 $525,000 2028 $555,000 2029 $590,000 2030 $625,000 AND THEREAFTER $14,375,000 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 A DRAFT OF THE FEDERAL FORM 990 IS FIRST REVIEWED BY THE FINANCE TEAM,ACCOUNTING SOLUTIONS OF NEW YORK, INC (AS PART OF OUR AGREEMENT WITH THEM).THE FINAL DRAFT OF THE FEDERAL FORM 990 IS THEN CIRCULATED TO BOARD MEMBERS FOR THEIR REVIEW AND COMMENTS PRIOR TO THE SIGNING AND FILING OF THE FEDERAL FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY AND DISCLOSURE QUESTIONNAIRE ARE DISTRIBUTED TO ALL BOARD MEMBERS ON AN ANNUAL BASIS. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN THE QUESTIONNAIRE ON AN ANNUAL BASIS. WHEN A POTENTIAL CONFLICT IS IDENTIFIED, THE MATTER IS BROUGHT TO THE BOARD CHAIR FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15A THE CEO SALARY IS DETERMINED BY A COMMITTEE OF THE BOARD WHICH BASES THE COMPENSATION ON THE SUCCESSFUL RENEWAL OF THE CHARTER SCHOOL AND GUIDED BY MULTI-YEAR EMPLOYMENT CONTRACT WITH THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL FINANCIAL STATEMENTS, GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICY, AND TAX RETURNS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.