2026-05-15T08:13:07-05:00 2025-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-07-01 852375850 PCS PROPERTIES FOUNDATION INC PCSP 2129912600 1501 BROADWAY 1000 NEW YORK NY 10036 LESLIE-BERNARD JOSEPH CHIEF EXECUTIVE OFFICER 2129912600 2026-05-14 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2026-05-14 2024 2025-03-06 01:10:19Z LESLIE-BERNARD JOSEPH 1501 BROADWAY 1000 NEW YORK NY 10036 4543664 0 X WWW.KIPPNYC.ORG X 2020 DE THE ORGANIZATION LESSENS THE BURDENS OF GOVERNMENT BY DEVELOPING, RENOVATING, MAINTAINING FACILITIES FOR LEASE TO PUBLIC CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO, THE KIPP NYC PUBLIC CHARTER SCHOOLS, AND TO FURTHER AND IMPROVE THE EDUCATION AND EDUCATIONAL OPPORTUNITIES OF SCHOOL-AGE CHILDREN LIVING IN AND AROUND THE CITY OF NEW YORK. 3 3 0 3 0 0 0 0 0 4205719 0 337945 0 0 0 4543664 0 0 0 0 0 0 0 0 0 428313 7473512 428313 7473512 -428313 -2929848 257288129 557863050 258005039 561624974 -716910 -3761924 X THE ORGANIZATION LESSENS THE BURDENS OF GOVERNMENT BY DEVELOPING, RENOVATING, MAINTAINING FACILITIES FOR LEASE TO PUBLIC CHARTER SCHOOLS, INCLUDING, BUT NOT LIMITED TO, THE KIPP NYC PUBLIC CHARTER SCHOOLS, AND TO FURTHER AND IMPROVE THE EDUCATION AND EDUCATIONAL OPPORTUNITIES OF SCHOOL-AGE CHILDREN LIVING IN AND AROUND THE CITY OF NEW YORK. 0 0 6450270 4205719 THE ORGANIZATION UNDERTOOK THE DEVELOPMENT OF A PUBLIC SCHOOL TO BE LEASED TO KIPP NYC PUBLIC CHARTER SCHOOLS FOR ITS SECOND HIGH SCHOOL. 6450270 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X MATTHEW SHAW 2129912600 1501 BROADWAY 1000 NEW YORK NY 10036 X ALICIA JOHNSON PRESIDENT 1.00 X X 0 0 0 YVES NOEL TREASURER 1.00 X X 0 0 0 NICHOLAS MARTINEZ TREASURER (UNTIL 10/24) 1.00 X X 0 0 0 JACK CHOROWSKY SECRETARY 2.00 X X 0 0 0 MATTHEW SHAW INTERIM CFO 2.00 X 0 0 0 0 0 0 0 0 0 0 PS WRX INC 356 MILLBURN AVE SUITE 5 MILLBURN NJ 07041 REAL ESTATE SERVICES 1491515 DBI PROJECTS LLC 1261 BROADWAY 9TH FLOOR NEW YORK NY 10001 PROJECT MANAGEMENT SERVICES 695830 VEKTOR CONSULTANTS LLC 37 W 37TH ST 6TH FLOOR NEW YORK NY 10018 REAL ESTATE SERVICES 139187 3 RENTAL INCOME 532000 4205719 4205719 4205719 337945 337945 4543664 4205719 0 337945 41743 41743 22025 22025 7555 7555 2889745 2889745 2364403 2364403 1129075 1075728 53347 ENTITY TRANSFER TAXES 854038 854038 MISCELLANEOUS 164928 78651 86277 7473512 6450270 1023242 0 140380 4785299 37146 376181 189327819 842840 23758125 188484979 233389624 364179445 257288129 557863050 17547168 31368150 5453000 6510872 210469115 449081530 24152442 35365715 297288 297288 86026 39001419 258005039 561624974 X -716910 -3761924 -716910 -3761924 257288129 557863050 -2929848 -115166 0 X X 0 1 X 1 0 X 25453 25453 25453 25453 25453 337945 337945 363398 4205719 X 59544203 59544203 123816789 693547 123123242 3600000 149293 3450707 2366827 2366827 188484979 CONSTRUCTION IN PROCESS 163326219 GOODWILL, NET OF AMORTIZATION 62131111 RESTRICTED INVESTMENTS 102673184 RIGHT-OF-USE ASSET - OPERATING LEASE 30761432 SECURITY DEPOSITS 416667 DEFERRED RENT RECEIVABLE 4870832 364179445 DUE TO KIPP NYC ENTERPRISE 3664679 OPERATING LEASE OBLIGATION 35336740 39001419 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2025. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. A BUILD NYC RESOURCE CORPORATION 454040561 2023-01-05 216299740 TO FUND CONSTRUCTION COSTS 0 0 0 B ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY 813526584 04052BQH0 2021-08-26 252955240 TO FUND CONSTRUCTION COSTS 0 0 0 A 216299740 13283013 27078677 5665276 114730556 55542218 2026 0 0 0 1 B 252955240 64787519 29688572 4983218 153495931 2024 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 7A THE MINORITY NUMBER OF THE DIRECTORS ARE APPOINTED BY KIPP NEW YORK, INC., A 501(C)(3) PUBLIC CHARITY. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEE MEETINGS HELD DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY FOR THE GUIDANCE OF ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE CORPORATION. IF A CONFLICT OR POTENTIAL CONFLICT IS IDENTIFIED, THE BOARD'S INDEPENDENT DIRECTORS REVIEW THE TRANSACTION IN QUESTION TO DETERMINE ITS PROPRIETY, ITS IMPACT ON THE ORGANIZATION AND THE AVAILABILITY OF, AND NEED FOR, ANY CORRECTIVE MEASURES. RELATED PARTY TRANSACTIONS MUST GO THROUGH A FORMAL REVIEW BY A QUORUM OF THE BOARD CONSISTING OF INDEPENDENT DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 AS OF THIS TIME, THE ORGANIZATION PAYS NO COMPENSATION AND HAS NO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. CANAL WEST 75 LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 863093965 PURCHASE AND LEASE REAL PROPERTY DE 0 264455060 PCS PROPERTIES FOUNDATION INC GERARD 501 LLC (AS OF 42025) 1209 ORANGE STREET WILMINGTON DE 19801 861380036 ACQUIRE, FINANCE, AND DEVELOP A SCHOOL FACILITY DE 1018548 46823089 PCS PROPERTIES FOUNDATION INC MACOMBS 1504 LLC (AS OF 42025) 1209 ORANGE STREET WILMINGTON DE 19801 851919433 ACQUIRE, FINANCE, AND DEVELOP A SCHOOL FACILITY DE 1794872 137381856 PCS PROPERTIES FOUNDATION INC JEROME 2720 LLC (AS OF 42025) 1209 ORANGE STREET WILMINGTON DE 19801 851920886 ACQUIRE, FINANCE, AND DEVELOP A SCHOOL FACILITY DE 1615078 109183154 PCS PROPERTIES FOUNDATION INC