2024-05-15T21:20:47-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 833596682 CAPITAL PREP CHARTER SCHOOLS NY CAPI 2123289370 777 MAIN STREET BRIDGEPORT CT 06604 DR STEPHEN PERRY SECRETARY 2123289370 2024-05-15 1 DR STEPHEN PERRY 999009999 0 GARRETT M HIGGINS P00543209 2122862600 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR STEPHEN PERRY 777 MAIN STREET BRIDGEPORT CT 06604 21707946 0 X WWW.WEARECAPITALPREP.ORG X 2018 NY TO PROVIDE HISTORICALLY DISADVANTAGED STUDENTS WITH THE COLLEGE AND CAREER READINESS SKILLS NEEDED TO BECOME RESPONSIBLE AND ENGAGED CITIZENS FOR SOCIAL JUSTICE. 7 7 135 8 0 0 1849119 4122107 15746652 17567344 0 0 30242 18495 17626013 21707946 0 0 0 0 7321165 7316014 0 0 3944 8479363 12765620 15800528 20081634 1825485 1626312 7925401 84684240 2020495 77153022 5904906 7531218 X TO PROVIDE HISTORICALLY DISADVANTAGED STUDENTS WITH THE COLLEGE AND CAREER READINESS SKILLS NEEDED TO BECOME RESPONSIBLE AND ENGAGED CITIZENS FOR SOCIAL JUSTICE.CAPITAL PREP CHARTER SCHOOLS NY STRIVES TO ENSURE THAT ALL STUDENTS ARE ABLE TO DO SO BY OFFERING A RIGOROUS COLLEGE PREPARATORY CURRICULUM, AN ECLECTIC VARIETY OF ATHLETIC PROGRAMS, AS WELL AS A GIFTED & TALENTED PROGRAM FOR STUDENTS WHO DEMONSTRATE EXTRAORDINARY ACADEMIC ACHIEVEMENT. 0 0 18675132 0 17567344 CAPITAL PREP CHARTER SCHOOLS NY HOLDS THE CHARTER FOR TWO SCHOOLS: CAPITAL PREPARATORY HARLEM CHARTER SCHOOL AND CAPITAL PREPARATORY BRONX CHARTER SCHOOL. THE SCHOOLS PROVIDED EDUCATION TO APPROXIMATELY 693 STUDENTS IN GRADES SIXTH THROUGH TWELFTH DURING THE 2022-2023 ACADEMIC YEAR. 18675132 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 20 0 135 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PAULA ALTIERI 2123289370 777 MAIN STREET BRIDGEPORT CT 06604 JAMES STOVALL BOARD CHAIR 1.00 0.00 X X 0 0 0 BAYE ADOFO-WILSON TREASURER 1.00 1.00 X X 0 0 0 DR STEPHEN PERRY SECRETARY 1.00 1.00 X X 0 0 0 ROCHELLE BROWN-JOHNSON TRUSTEE 1.00 1.00 X 0 0 0 TARIK BROOKS TRUSTEE 1.00 1.00 X 0 0 0 DEREK FURGUSON TRUSTEE 1.00 1.00 X 0 0 0 SUNNY HOSTIN TRUSTEE - THRU 3/27/23 1.00 1.00 X 0 0 0 DANIQUE DAY TRUSTEE 1.00 1.00 X 0 0 0 CHRISTOPHER JONES PRINCIPAL THRU 07/15/2022 50.00 0.00 X 93829 0 4778 ISAIAH BROWN PRINCIPAL 50.00 0.00 X 151587 0 9904 MARJORIE PURDEE-IGLIO PRINCIPAL 50.00 0.00 X 106511 0 4574 ANGELA LOGAN PRINCIPAL 50.00 0.00 X 185387 0 1258 TAALIB BROWN DEAN 50.00 0.00 X 140008 0 16527 SIMONE HARTLEY ACADEMIC DEAN 50.00 0.00 X 101781 0 16527 KATHERINE J MARTINEZ DIRECTOR OF OPERATIONS 50.00 0.00 X 117675 0 9902 KEVIN O'CONNOR SENIOR ILLUMINATOR 50.00 0.00 X 103895 0 16514 1000673 0 79984 7 0 1 0 CAPITAL PREPARATORY SCHOOLS 777 MAIN STREET BRIDGEPORT CT 06604 MANAGEMENT SERVICES 2548001 REGINA CATERERS INC 86 BEADEL STREET BROOKLYN NY 11222 FOOD SERVICES 212783 JEFFREY SIMON AIA 2005 PALMER AVENUE 205 LARCHMONT NY 10538 ARCHITECTURAL SERVICES 189372 GLOBAL STORAGE & MOVING CO 665 BROADWAY SUITE 301 NEW YORK NY 10012 MOVING SERVICES 168453 TEMPOSITION EDEN HOSPITALITY 662 THIRD AVENUE - 39TH FLOOR NEW YORK NY 10017 SUBSTITUTE SERVICES 132096 7 3950107 172000 47996 4122107 GOV'T PER PUPIL REVENUE 611110 14204096 14204096 GOV'T PER PUPIL FACILITIES 611110 3363248 3363248 17567344 REIMBURSEMENTS 900099 16541 16541 MISCELLANEOUS 900099 1954 1954 18495 21707946 17567344 0 18495 588377 415327 173048 2 5514616 5330017 182672 1927 35218 33888 1324 6 650890 613621 37183 86 526913 496734 30109 70 2153596 2042856 110740 130621 130621 66553 66553 1262743 1260763 1975 5 86944 83556 3382 6 96373 43087 53281 5 359796 339669 20077 50 5593631 5145988 446178 1465 535440 528375 7036 29 76959 70644 6294 21 REPAIRS AND MAINTENANCE 977830 891430 86128 272 FOOD SERVICE 653172 653172 SUPPLIES & MATERIALS 272469 272469 STUDENT SERVICES 271307 271307 228186 182229 45957 20081634 18675132 1402558 3944 2922936 5193061 125000 150000 2414487 997053 130200 305024 43974 51987 4366274 2114610 1546804 2251664 742000 75735451 7925401 84684240 377219 379562 115264 59211 1528012 76714249 2020495 77153022 X 5904906 7531218 5904906 7531218 7925401 84684240 1626312 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1019690 573000 446690 3346584 1541610 1804974 2251664 ROU ASSETS 74593451 SECURITY DEPOSIT 1142000 75735451 LEASE LIABILITIES 75807879 DUE TO AFFILIATE 699425 PROMISSORY NOTE FROM AFFILIATE 200000 CAPITAL LEASE OBLIGATION 6945 76714249 X 21707946 0 21707946 0 21707946 20081634 0 20081634 0 20081634 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ALL RETURNS FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE YEAR ENDED JUNE 30,2020. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATION POLICY THROUGH ITS INTERNET WEBSITE. SCHEDULE E, PART I, LINE 4 THE SCHOOL IS FREE TO ALL STUDENTS, IT DID NOT AND DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS FEDERAL, AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X X 0 0 0 0 0 0 0 0 0 ANGELA LOGAN PRINCIPAL 185000 0 0 0 387 0 0 0 1258 0 186645 0 0 0 ISAIAH BROWN PRINCIPAL 151497 0 0 0 90 0 0 0 9904 0 161491 0 0 0 TAALIB BROWN DEAN 139873 0 0 0 135 0 0 0 16527 0 156535 0 0 0 X 39361 COST X SOFTWARE 1 8635 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL IS MANAGED BY CAPITAL PREPARATORY SCHOOLS, INC., A TAX-EXEMPT CHARTER SCHOOL MANAGEMENT ORGANIZATION THAT PROVIDES BUSINESS, ADMINISTRATIVE, AND ACADEMIC SERVICES TO THE SCHOOL. DURING THE YEAR ENDING JUNE 30, 2023, THE SCHOOL INCURRED $2,153,596 IN MANAGEMENT FEES. NO INDIVIDUALS LISTED ON FORM 990, PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY FOR SERVICES PROVIDED TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY THE CONTROLLER AND ELECTRONICALLY PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO TRUSTEES, OFFICERS, AND EMPLOYEES. PRIOR TO INITIAL ELECTION OR APPOINTMENT, AND THEREAFTER ON AN ANNUAL BASIS, TRUSTEES MUST DISCLOSE ANY RELATIONSHIPS OR FINANCIAL INTERESTS THAT MAY PRESENT A CONFLICT OF INTEREST. EACH TRUSTEE MUST ANNUALLY SIGN A STATEMENT, WHICH AFFIRMS THAT THEY RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. OFFICERS, TRUSTEES, AND EMPLOYEES HAVE A DUTY TO PROMPTLY DISCLOSE THE EXISTENCE OF ANY POTENTIAL CONFLICT. ALL POTENTIAL AND ACTUAL CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD. ANY TRUSTEE, OFFICER, OR EMPLOYEE TO WHOM THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES MUST LEAVE THE ROOM WHILE DELIBERATIONS ARE CONDUCTED. ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST MUST BE APPROVED BY NOT LESS THAN A MAJORITY VOTE OF THE BOARD MEMBERS PRESENT AND VOTING AT THE MEETING. NO TRUSTEE, OFFICER OR EMPLOYEE MAY VOTE, ACT, OR ATTEMPT TO INFLUENCE IMPROPERLY THE DELIBERATIONS, AS APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE SCHOOL'S PRINCIPALS WAS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. THE FORMS 990 OF OTHER ORGANIZATIONS, DATA GATHERED BY AN INDEPENDENT CONSULTANT, AND A COMPENSATION COMPARISON STUDY OF SIMILAR ORGANIZATIONS WAS UTILIZED AS PART OF THE PROCESS. THE PROCESS AS OUTLINED ABOVE WAS LAST CONDUCTED IN 2023 AND WAS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE SCHOOL'S AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE SCHOOL'S FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.