2023-05-15T15:46:04-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2021-07-01 833596682 CAPITAL PREP CHARTER SCHOOLS NY CAPI 2123289370 777 MAIN STREET BRIDGEPORT CT 06604 DR STEPHEN PERRY SECRETARY 2123289370 2023-05-15 1 DR STEPHEN PERRY 999009999 GARRETT M HIGGINS P00543209 2122862600 2023-05-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR STEPHEN PERRY 777 MAIN STREET BRIDGEPORT CT 06604 17626013 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 7 145 10 0 0 2385192 1849119 13335931 15746652 0 0 0 30242 15721123 17626013 0 0 0 0 7899934 7321165 0 0 4054 6241888 8479363 14141822 15800528 1579301 1825485 5743327 7925401 1663906 2020495 4079421 5904906 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 14706667 0 15746652 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 645 STUDENTS IN GRADES SIXTH THROUGH TWELFTH DURING THE 2021-2022 ACADEMIC YEAR. 14706667 1 0 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 1 0 0 0 1 11 0 145 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 TYWONE REDMOND PRINCIPAL 50.00 X 163495 0 16513 CHRISTOPHER JONES PRINCIPAL 50.00 X 141594 0 14545 ISAIAH BROWN PRINCIPAL 50.00 X 146363 0 9775 RACHELLY CRIME DIRECTOR OF OPERATIONS 50.00 X 122000 0 14628 ANNTOINETTE S ANGRUM INSTRUCTIONAL COACH 50.00 X 111012 0 9775 SHARIF KESHK SPED COORDINATOR 50.00 X 104931 0 13972 ANGELA LOGAN PRINCIPAL 50.00 X 45000 0 126 JAMES STOVAL BOARD CHAIR (EFF. OCT 2021) 1.00 X X 0 0 0 DEREK FERGUSON CHAIR THRU OCT 2021), TRUSTEE 1.00 X 0 0 0 MAURICE L COLEMAN TREASURER 1.00 X X 0 0 0 DR STEPHEN PERRY SECRETARY 1.00 X X 0 0 0 TARIK BROOKS TRUSTEE 1.00 X 0 0 0 SUNNY HOSTIN TRUSTEE 1.00 X 0 0 0 DANIQUE DAY TRUSTEE 1.00 X 0 0 0 REV GEORGIETTE MORGAN-THOMAS TRUSTEE (THRU JAN 2022) 1.00 X 0 0 0 DIA SIMMS TRUSTEE (THRU JAN 2022) 1.00 X 0 0 0 RAMIK WILLIAMS TRUSTEE (THRU FEB 2022) 1.00 X 0 0 0 834395 0 79334 6 0 1 0 CAPITAL PREPARATORY SCHOOLS 777 MAIN STREET BRIDGEPORT CT 06604 MANAGEMENT SERVICES 2240715 REGINA CATERERS INC 86 BEADEL STREET BROOKLYN NY 11222 FOOD SERVICES 176688 2 1846499 2620 38653 1849119 GOV'T PER PUPIL REVENUE 611110 12992141 12992141 GOV'T PER PUPIL FACILITIES 611110 2754511 2754511 15746652 REIMBURSEMENTS 900099 25242 25242 MISCELLANEOUS 900099 5000 5000 30242 17626013 15746652 0 30242 556922 398753 158155 14 5511230 5308511 200397 2322 46940 44277 2647 16 618292 581474 36579 239 587781 552780 34774 227 1761838 1639273 122565 92414 92414 49658 49658 914947 914163 777 7 67343 65416 1916 11 122247 39457 82773 17 177252 165777 11393 82 2905386 2725311 179189 886 392892 385456 7404 32 64888 61068 3802 18 REPAIRS AND MAINTENANCE 615440 546694 68578 168 SUPPLIES & MATERIALS 464582 464582 FOOD SERVICE 347603 347603 STUDENT SERVICES 283330 283330 219543 182742 36786 15 15800528 14706667 1089807 4054 2589842 2922936 100000 125000 1084592 2414487 109786 130200 7013 43974 3125974 1579170 1110094 1546804 742000 742000 5743327 7925401 139216 377219 4974 115264 1519716 1528012 1663906 2020495 X 4079421 5904906 4079421 5904906 5743327 7925401 1825485 0 X X 0 1 X 1 1 1 X 567693 492448 75245 2558281 1086722 1471559 1546804 SECURITY DEPOSIT 742000 742000 PROMISSORY NOTE FROM AFFILIATE 300000 DEFERRED RENT 316665 DUE TO AFFILIATE 888054 CAPITAL LEASE OBLIGATION 23293 1528012 X 17626013 0 17626013 0 17626013 15800528 0 15800528 0 15800528 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. 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 TYWONE REDMOND PRINCIPAL 163495 0 0 0 0 0 6738 0 9775 0 180008 0 0 0 CHRISTOPHER JONES PRINCIPAL 141594 0 0 0 0 0 4770 0 9775 0 156139 0 0 0 ISAIAH BROWN PRINCIPAL 146363 0 0 0 0 0 0 0 9775 0 156138 0 0 0 X 32297 COST X SUPPLIES 1 6356 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, 2022, THE SCHOOL INCURRED $1,761,838 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 2022 AND WAS CONTEMPORANEOUSLY DOCUMENTED. 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 777 MAIN STREET, BRIDGEPORT, CT 06604 OR BY CALLING THE ORGANIZATION DIRECTLY AT (917)838-3684. 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. CAPITAL PREPARATORY HARLEM CHARTER SCHOOL 1 EAST 104TH STREET NEW YORK NY 10029 472608621 INACTIVE DUE TO MERGER NY 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0