2025-05-15T17:54:28-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 821888771 ZETA CHARTER SCHOOLS INC ZETA 9173302296 425 WESTCHESTER AVENUE BRONX NY 10455 BRIAN ZIED CHIEF FINANCIAL OFFICER 9173302296 2025-05-14 1 1 SACHA RICHARDS P01378509 2017129800 2025-05-14 2023 2025-03-06 01:10:19Z EMILY KIM 425 WESTCHESTER AVENUE BRONX NY 10455 32139512 0 X ZETASCHOOLS.ORG X 2017 DE TO SUPPORT SCHOOLS, ASSIST IN THE CREATION OF SCHOOLS, AND TO UNDERTAKE OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 6 6 92 6 0 0 6677287 8445949 14549611 23571307 16 113918 56888 8338 21283802 32139512 438072 1379854 0 0 6819254 9334135 0 0 242165 13180793 28665580 20438119 39379569 845683 -7240057 149610934 414514224 204003604 476142051 -54392670 -61627827 TO SUPPORT SCHOOLS, ASSIST IN THE CREATION OF SCHOOLS, AND TO UNDERTAKE OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 0 0 36403636 1379854 23571307 ZETA CHARTER SCHOOLS, INC. BUILDS AND SUPPORTS THE ZETA CHARTER SCHOOLS NYC ("THE SCHOOL") NETWORK OF HIGH PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS. THE NETWORK CURRENTLY HAS FOUR SUBLEASE AGREEMENTS WITH THE SCHOOL.THE ORGANIZATION PROVIDES STARTUP AND ONGOING ACADEMIC, BUSINESS AND DEVELOPMENT SUPPORT TO THE SCHOOLS. THERE ARE APPROXIMATELY 2,371 STUDENTS ENROLLED IN KINDERGARTEN THROUGH SIXTH GRADE AND 363 STUDENTS ENROLLED IN PRE-KINDERGARTEN IN THE NETWORK'S EDUCATIONAL CORPORATION FOR THE 2023-2024 ACADEMIC YEAR. 36403636 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 53 0 92 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 NY X EMILY KIM 9173302296 425 WESTCHESTER AVENUE BRONX NY 10455 ALLEN THORPE CHAIRPERSON 1.00 X X 0 0 0 ALICIA HAMMARSKJOLD TRUSTEE 1.00 X 0 0 0 BOAZ WEINSTEIN TRUSTEE 1.00 X 0 0 0 JENNY SEDLIS TRUSTEE 1.00 X 0 0 0 OPE BUKOLA TRUSTEE 1.00 X 0 0 0 RICK SCHNALL TRUSTEE 1.00 X 0 0 0 EMILY A KIM CEO 50.00 X 349220 0 19599 JESSICA SIE CHIEF ACADEMIC OFFICER 50.00 X 212520 0 13935 BRIAN ZIED CHIEF FINANCIAL OFFICER 50.00 X 91600 0 12345 SAMREEN KHAN CHIEF OPERATING OFFICER 50.00 X 207338 0 25545 PAOLA STEPANIAN CHIEF SCHOOLING OFFICER 50.00 X 206532 0 16571 CHRISTOPHER D'AMATO MD OF SCHOOL OPERATIONAL EXCELLENCE 50.00 X 161653 0 5951 JENNI WARREN DIRECTOR OF PROFESSIONAL LEARNING 50.00 X 159017 0 13449 AILEEN GRAY DIRECTOR OF EXECUTIVE STRATEGY 50.00 X 157092 0 11857 VERA BARNWELL DIRECTOR OF OPERATIONAL EXCELLENCE STRATEGY 50.00 X 151947 0 12200 DANIELA BARTALINI DIRECTOR OF OPERATIONAL STRATEGY & SYSTEMS 50.00 X 151045 0 14813 1847964 0 146265 27 0 1 0 TOWN HOUSE SPECIALTY CLEANING CO 242 WEST 36TH STREET 6TH FLOOR NEW YORK NY 10018 JANITORIAL SERVICES 729038 PROCLEAN MAINTENANCE SYSTEMS INC 79 ALEXANDER AVENUE BRONX NY 10454 JANITORIAL SERVICES 480283 THE ADVANCE GROUP 450 7TH AVENUE SUITE 2308 NEW YORK NY 10123 MOVING SERVICES 469842 DUGGAL VISUAL SOLUTIONS INC 63 FLUSHING AVENUE BUILDING 25 BROOKLYN NY 11205 PAINTING & GRAPHICS SERVICES 356660 INSPIRON MANAGEMENT INC 4164 WEST SHORE DRIVE KAUNEONGA LAKE NY 12749 PROJECT MANAGEMENT SERVICES 300000 10 1843008 6602941 8445949 RENTAL FEES 532000 9059736 9059736 CMO FEES 541610 8327619 8327619 CAPITAL LEASE INTEREST 900099 6183952 6183952 23571307 113918 113918 REBATES 900099 8338 8338 8338 32139512 23571307 0 122256 1379854 1379854 1359682 1128529 203571 27582 6627419 5500119 960896 166404 153958 127773 22446 3739 557301 462515 81250 13536 635775 527642 92692 15441 203667 152750 50917 472467 472467 3439206 3392313 46860 33 304278 239710 64568 301030 218939 82029 62 388520 291962 96558 16097655 16097655 70273 52705 17568 199 149 50 13501 10126 3375 5130223 4751563 378660 82193 61645 20548 REPAIRS AND MAINTENANCE 1263514 1263514 CLASSROOM SUPPLIES 563530 518008 45522 STAFF DEVELOPMENT 215639 127064 88575 STAFF RECRUITMENT 104317 99101 5216 15368 15368 39379569 36403636 2733768 242165 4486580 4446259 2782154 55897203 1388543 659091 117961 104571 26682658 4936442 9511325 21746216 113381980 112597613 17942391 219063271 149610934 414514224 1534394 1832349 42538 1035082 0 60188073 2010000 1210000 200416672 411876547 204003604 476142051 X -55142670 -62397827 750000 770000 -54392670 -61627827 149610934 414514224 X -7240057 4900 X X 0 1 X 0 0 X 2359471 5560387 2827936 6677287 8445949 25871030 2359471 5560387 2827936 6677287 8445949 25871030 10227148 15643882 332 91 15 16 113918 114372 8356 1678 56888 8338 75260 26060662 60461782 0.60030 0.57370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7810714 7810714 8767307 2148512 6618795 2589776 1326476 1263300 7514861 1461454 6053407 21746216 NET INVESTMENT IN LEASES 112597613 C 112597613 OPERATING LEASE ASSETS 59211467 SECURITY DEPOSITS 2769490 DUE FROM ZETA CHARTER SCHOOLS - NYC 665407 FINANCE LEASE ASSETS 156416907 219063271 OPERATING LEASE LIABILITIES 64091487 FINANCE LEASE LIABILITY 347785060 411876547 X 34258436 2118924 2118924 32139512 0 32139512 41493593 2118924 2118924 39374669 4900 4900 39379569 PART X, LINE 2: THE NETWORK RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE NETWORK HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE NETWORK IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS 4,900. 0 ZETA CHARTER SCHOOLS - NEW YORK CITY 425 WESTCHESTER AVENUE BRONX NY 10455 823452377 501(C)(3) 1379854 0 CSP EXPANSION AND REPLICATION FUNDING 1 0 X X 0 0 0 0 0 0 0 1 0 EMILY A KIM CEO 299220 0 50000 0 0 0 9256 0 10343 0 368819 0 0 0 SAMREEN KHAN CHIEF OPERATING OFFICER 183738 0 23600 0 0 0 6333 0 19212 0 232883 0 0 0 JESSICA SIE CHIEF ACADEMIC OFFICER 191900 0 20620 0 0 0 4286 0 9649 0 226455 0 0 0 PAOLA STEPANIAN CHIEF SCHOOLING OFFICER 186832 0 19700 0 0 0 6216 0 10355 0 223103 0 0 0 JENNI WARREN DIRECTOR OF PROFESSIONAL LEARNING 145517 0 13500 0 0 0 3699 0 9750 0 172466 0 0 0 AILEEN GRAY DIRECTOR OF EXECUTIVE STRATEGY 144312 0 12780 0 0 0 4652 0 7205 0 168949 0 0 0 CHRISTOPHER D'AMATO MD OF SCHOOL OPERATIONAL EXCELLENCE 149653 0 12000 0 0 0 4860 0 1091 0 167604 0 0 0 DANIELA BARTALINI DIRECTOR OF OPERATIONAL STRATEGY & SYSTEMS 138985 0 12060 0 0 0 4562 0 10251 0 165858 0 0 0 VERA BARNWELL DIRECTOR OF OPERATIONAL EXCELLENCE STRATEGY 139527 0 12420 0 0 0 4648 0 7552 0 164147 0 0 0 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). A BUILD NYC RESOURCE CORPORATION 454040561 12008EVE3 2024-05-29 60035000 ACQUISITION AND CONSTRUCTION 0 0 0 A 60035000 229282 7015545 2251166 50539007 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEETINGS WERE HELD DURING FISCAL YEAR 2024. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CHAIR AND TREASURER. AFTER ANY REQUIRED CHANGES ARE MADE, A FINAL VERSION IS DISTRIBUTED TO ALL BOARD MEMBERS AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ELECTION TO THE BOARD, OR EMPLOYMENT AT THE ORGANIZATION, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTORS, OFFICERS, AND SENIOR MANAGEMENT MEMBERS COMPLETE A STATEMENT TO DISCLOSE ANY POTENTIAL OR APPARENT CONFLICTS OF INTEREST. THE STATEMENTS ARE REVIEWED BY A BOARD TRUSTEE WHO PROVIDES THEM TO THE BOARD CHAIR. COVERED PERSONS ARE ALSO UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS AS SOON AS THEY ARE KNOWN, OR REASONABLY SHOULD BE KNOWN. DISCLOSURES ARE MADE IN ADVANCE, BEFORE ANY ACTION IS TAKEN ON THE MATTER THAT POSES AN ACTUAL OR POTENTIAL CONFLICT. ALL DISCLOSURES ARE BROUGHT TO THE ATTENTION OF THE BOARD CHAIR, UNLESS EITHER IS THE INDIVIDUAL WITH A POTENTIAL CONFLICT. PERSONS WITH A POTENTIAL OR ACTUAL CONFLICT RECUSE THEMSELVES FROM (1) ENGAGING IN DISCUSSIONS AND (2) RECEIVING INFORMATION RELATED TO THE CONFLICT SITUATION, UNLESS A MAJORITY OF DISINTERESTED DIRECTORS APPROVE THEIR PRESENCE, INVOLVEMENT, AND/OR PARTICIPATION. IN THE EVENT A CONFLICT IS DETERMINED, THE INTERESTED BOARD MEMBER IS RECUSED FROM VOTING UPON THE RELATED MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND KEY EMPLOYEES INCLUDE THE USE OF COMPARABLE DATA SUCH AS THE FORM 990 OF OTHER ORGANIZATIONS. AN ANNUAL REVIEW OF COMPENSATION, ACCOMPLISHMENTS AND SKILLS IS DONE BY THE BOARD. THE BOARD OF DIRECTORS REVIEWS THE COLLECTED DATA AND VOTES ON THE COMPENSATION. THE PROCESS LAST OCCURRED IN 2023, AND IS DOCUMENTED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS POSTED ON THE ORGANIZATION'S WEBSITE. IN ADDITION, THE 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 XI, LINE 9: GAIN ON DISPOSAL OF ASSETS 4,900. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. TREMONT PARK FACILITY LLC 401 WEST 218TH STREET NEW YORK NY 10034 991502966 REAL ESTATE NY 0 62401312 ZETA CHARTER SCHOOLS INC