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BRONX SUPPORT CORPORATION

BRONX, NY · EIN 830748114 · Form 990 · FY2024 · NTEE X02 · Religion-Related · Micro (<$100K)
revenue
$57K
expenses
$0
net assets
$-175K
employees
0
volunteers
4
program ratio
0%
mission · from form 990

THE ORGANIZATION WAS FORMED, SPECIFICALLY TO ENGAGE IN PROGRAMS AND ACTIVITIES TO ASSIST PHAROS ACADEMY CHARTER SCHOOL (FORMERLY KNOWN AS BRONX LIGHTHOUSE CHARTER SCHOOL). THE BOARD OF TRUSTEES APPROVED A RESOLUTION APPROVING THE TRANSFER OF THE SOLE MEMBERSHIP INTEREST IN 1005 INTERVALE AVENUE LLC FROM PHAROS ACADEMY CHARTER SCHOOL TO BRONX SUPPORT CORPORATION.

profile · synthesized from sources

BRONX SUPPORT CORPORATION is a nonprofit organization based in the Bronx, New York, established to support PharoS Academy Charter School (formerly Bronx Lighthouse Charter School). It holds the sole membership interest in 1005 Intervale Avenue LLC, a legal entity likely tied to the school's operations. The organization's activities are focused on enabling the charter school's mission through structural and administrative support.

named programs · 1 · from sources

What they call their work

School Support and Governance
Provides structural and administrative support to PharoS Academy Charter School, including oversight of facilities through ownership of 1005 Intervale Avenue LLC.
activities · 1 group

What they do

  • Charter School Facilities Support 1 activity
    • Assists Pharos Academy Charter School through organizational restructuring
      Supports Pharos Academy Charter School by accepting the transfer of the sole membership interest in 1005 Intervale Avenue LLC, facilitating governance or operational restructuring.
financials · form 990 · fy2024
revenue
Total revenue$57K
Contributions & grants$00%
Program service revenue$00%
Investment income$50K88%
Other revenue$7K
expenses
Total expenses$0
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$9.98M
Cash$1.07M
Investments$0
Liabilities$10.15M
Net assets$-175K
5 years on record · 2019–2024
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
COURTNEY RUSSELL SECRETARY 2 $288K
board members · 3
  • JOSEPH RIVERA — PRESIDENT - JOINED DURING YEAR
  • KEYUR SHAH — TREASURER
  • ROBERT GRANADO — PRESIDENT - RESIGNED DURING YEAR
relationships · 1

Who they work with

  • Pharos Academy Charter School Partner — Partner organization that BRONX SUPPORT CORPORATION was formed specifically to assist.