2024-05-15T23:36:37-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 202629354 DEMOCRACY PREP PUBLIC SCHOOLS DEMO 6468299659 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 NATASHA TRIVERS CEO 6468299659 2024-05-15 1 NATASHA TRIVERS 999009999 1 GARRETT M HIGGINS P00543209 9143818900 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z NATASHA TRIVERS 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 26763497 0 X WWW.DEMOCRACYPREP.ORG X 2005 NY THE ORGANIZATION MANAGES AND OPERATES HIGH-PERFORMING CHARTER SCHOOLS. 9 9 197 12 0 0 3444006 1992809 17618124 24770683 5 5 0 0 21062135 26763497 146618 224601 0 0 11785516 13136547 0 0 0 9441195 9113522 21373329 22474670 -311194 4288827 19557441 51801110 14311687 42266529 5245754 9534581 TO EDUCATE RESPONSIBLE CITIZEN SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 0 0 20065849 224601 24770683 THE ORGANIZATION OPERATES AS A CHARTER MANAGEMENT ORGANIZATION PROVIDING EDUCATIONAL SERVICES, MANAGEMENT OPERATIONS AND FUNDRAISING ACTIVITIES FOR THE FOLLOWING CHARTER SCHOOLS: DEMOCRACY PREP NEW YORK CHARTER SCHOOLS, FREEDOM PREP CHARTER SCHOOL, DEMOCRACY PREP BATON ROUGE, DEMOCRACY PREP AGASSI CAMPUS, AND DEMOCRACY PREP TEXAS. 20065849 1 1 0 0 0 0 0 0 1 0 1 0 0 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 1 1 0 0 0 1 27 0 197 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X VALERIE MARTINEZ 3322154366 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 RYAN OFFUTT CHAIR 5.00 X X 0 0 0 CHRIS KRAUS VICE-CHAIR 5.00 X X 0 0 0 JERI POWELL SECRETARY 5.00 X X 0 0 0 ERHARD MARIUS TREASURER 5.00 X X 0 0 0 WILLIAM COLLINS DIRECTOR 5.00 X 0 0 0 ANN DUIGNAN DIRECTOR 5.00 X 0 0 0 CARLOS LEJNIEKS DIRECTOR 5.00 X 0 0 0 KAYMA LIBURD DIRECTOR 5.00 X 0 0 0 DAMIAN TRAVIER DIRECTOR 5.00 X 0 0 0 NATASHA TRIVERS CEO 65.00 X 383079 0 24449 VALERIE M MARTINEZ-WAGNER CFO 65.00 X 258508 0 20844 STEPHEN POPPER CHIEF ACADEMIC OFFICER 65.00 X 201184 0 45183 DANIELLE TSHIRHART CHIEF OPERATING OFFICER 65.00 X 211884 0 29903 DUNCAN SCHERER CHIEF SCHOOLS OFFICER 65.00 X 180147 0 20119 MICHELLE GIEG CHIEF OF STAFF 65.00 X 146206 0 26256 JACQUELINE YOUNKER CHIEF PEOPLE OFFICER 65.00 X 111281 0 24551 LINDA JONES EASTON SENIOR ADVISOR TO CEO 65.00 X 174877 0 32745 GEORGINA CRAWLEY GENERAL COUNSEL 65.00 X 239548 0 21502 MARGARET MARRER VP OF ACADEMICS 65.00 X 167781 0 21752 TANYA NUNEZ MANAGING DIRECTOR OF MIDDLE SCHOOLS 65.00 X 168863 0 20369 RYAN SILVER MANAGING DIRECTOR OF ELEMENTARY SCHOOLS 65.00 X 174440 0 11510 PRINCESS V LYLES VP, EXTERNAL AFFAIRS 65.00 X 136519 0 45747 RALPH JOHNSON VP OF COLLEGE ACCESS & SUC 65.00 X 149159 0 14920 2703476 0 359850 37 0 1 0 SUMMIT FACILITY SOLUTIONS INC 101 CRAWFORDS CORNER ROAD SUITE 23 HOLMDEL NJ 07733 CUSTODIAL SERVICES AND SUPPLIES 582973 CHARTER SCHOOL BUSINESS MANAGEMENT INC 425 EAST 79TH STREET SUITE 1F SUIT NEW YORK NY 10075 FINANCIAL CONSULTANT AND SOFTWARE SUPPOR 340820 5 355963 1636846 1992809 MANAGEMENT/CONSULTING FEES 541610 16797204 16797204 RENTAL TO CHARTER SCHOOLS 531120 7973479 7973479 24770683 5 5 26763497 24770683 0 5 224601 224601 2404381 2163943 240438 8872172 7984955 887217 378932 341039 37893 626875 564187 62688 854187 768768 85419 106930 106930 176863 176863 1392190 1252971 139219 786513 786513 707439 599164 108275 86728 78055 8673 3981538 3583384 398154 502357 452121 50236 15384 13846 1538 734746 661271 73475 141360 127224 14136 PROFESSIONAL DEVELOP. 304803 304803 FOOD 176671 159004 17667 22474670 20065849 2408821 0 9276941 7045611 454240 453737 63013 0 315446 211567 9281237 2498653 7502611 6782584 1945190 37307611 19557441 51801110 3393630 1519261 2728722 3231080 570755 570755 4383857 4071445 3234723 32873988 14311687 42266529 X 5245754 9534581 5245754 9534581 19557441 51801110 4288827 0 X X 0 1 X 1 1 1 X 5364719 2287489 4833210 3444006 1992809 17922233 5364719 2287489 4833210 3444006 1992809 17922233 3111877 14810356 1049 25 4 5 5 1088 178274 87973 266247 18189568 100073783 0.81420 0.84660 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 178,274. 2020 AMOUNT: $ 87,973. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 8677776 2004893 6672883 384601 291362 93239 218860 202398 16462 6782584 SECURITY DEPOSIT 268846 DUE FROM AFFILIATES 1683124 DEFERRED RENT 5215094 RIGHT OF USE ASSETS 30140547 37307611 OPERATING LEASE LIABILITY 32873988 32873988 X 27793899 1030402 1030402 26763497 0 26763497 23505072 1030402 1030402 22474670 0 22474670 PART IV, LINE 2B: TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ORG. INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,030,402. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ORG. INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 1,030,402. 1 SCHOLARSHIPS 0 224601 X X X 1 0 0 0 0 0 0 1 0 NATASHA TRIVERS CEO 348019 0 35000 0 60 0 0 0 24449 0 407528 0 0 0 VALERIE M MARTINEZ-WAGNER CFO 248250 0 10000 0 258 0 20500 0 344 0 279352 0 0 0 GEORGINA CRAWLEY GENERAL COUNSEL 229479 0 10000 0 69 0 1603 0 19899 0 261050 0 0 0 STEPHEN POPPER CHIEF ACADEMIC OFFICER 191136 0 10000 0 48 0 19575 0 25608 0 246367 0 0 0 DANIELLE TSHIRHART CHIEF OPERATING OFFICER 201830 0 10000 0 54 0 18888 0 11015 0 241787 0 0 0 LINDA JONES EASTON SENIOR ADVISOR TO CEO 164877 0 10000 0 0 0 21375 0 11370 0 207622 0 0 0 DUNCAN SCHERER CHIEF SCHOOLS OFFICER 173093 0 7000 0 54 0 19250 0 869 0 200266 0 0 0 MARGARET MARRER VP OF ACADEMICS 160727 0 7000 0 54 0 18182 0 3570 0 189533 0 0 0 TANYA NUNEZ MANAGING DIRECTOR OF MIDDLE SCHOOLS 156225 0 12500 0 138 0 20025 0 344 0 189232 0 0 0 RYAN SILVER MANAGING DIRECTOR OF ELEMENTARY SCHOOLS 141987 0 13300 0 19153 0 0 0 11510 0 185950 0 0 0 PRINCESS V LYLES VP, EXTERNAL AFFAIRS 136459 0 0 0 60 0 15600 0 30147 0 182266 0 0 0 MICHELLE GIEG CHIEF OF STAFF 136152 0 10000 0 54 0 8675 0 17581 0 172462 0 0 0 RALPH JOHNSON VP OF COLLEGE ACCESS & SUC 148869 0 200 0 90 0 11351 0 3569 0 164079 0 0 0 PART I, LINE 4A RYAN SILVER, FORMER CEO, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $19,132 WHICH IS INCLUDED IN PART II, COLUMN (B)(III). PART I, LINE 7 THE ORGANIZATION AWARDED DISCRETIONARY BONUSES TO PERSONS LISTED ON PART VII OF THE 990, AND IS REPORTED IN PART II, COLUMN B(II). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND ELECTRONICALLY PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES REQUIRING THEM TO ANNUAL SUBMIT A STATEMENT TO THE BOARD TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. DIRECTORS MUST ALSO DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THE BOARD AS THEY ARISE. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE, AND THE CONFLICTED PERSON MUST RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE ON SUCH MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES, INCLUDING THE CEO, WAS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA, INCLUDING THE FORMS 990 OF SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS. THE PROCESS WAS LAST CONDUCTED IN 2022 AND WAS DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. 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 AT 1767 PARK AVENUE, 5TH FLOOR, NEW YORK, NY 10035, OR BY CALLING THE ORGANIZATION DIRECTLY AT (646) 829-9659. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DEMOCRACY PREP NEVADA LLC 1201 W LAKE MEAD BLVD LAS VEGAS NV 89106 320520597 CHARTER OPERATOR FOR DEMOCRACY PREP AGASSI CAMPUS NV 501(C)(3) LINE 7 DEMOCRACY PREP PUBLIC SCHOOLS 1 DEMOCRACY PREP AGASSI CAMPUS 1201 W LAKE MEAD BLVD LAS VEGAS NV 89106 821301171 K-12 CHARTER SCHOOL NV 501(C)(3) LINE 2 DEMOCRACY PREP NEVADA LLC 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0