2023-05-15T15:52:58-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2021-07-01 434669846 CAPITAL PREPARATORY SCHOOLS INC CAPI 9178383684 777 MAIN STREET BRIDGEPORT CT 06604 DR STEPHEN PERRY CHIEF EXECUTIVE OFFICER 9178383684 2023-05-15 1 DR STEPHEN PERRY 999009999 GARRETT M HIGGINS P00543209 2122862600 2023-05-04 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR STEPHEN PERRY 777 MAIN STREET BRIDGEPORT CT 06604 5558972 0 X WWW.WEARECAPITALPREP.ORG X 2012 CT TO PROVIDE ALL STUDENTS ACCESS TO A HIGH QUALITY EDUCATION. 4 4 30 4 0 0 3340130 2610330 2673307 2948642 0 0 0 0 6013437 5558972 381551 357926 0 0 3076740 4439867 0 0 248106 592371 578381 4050662 5376174 1962775 182798 6720072 6887925 1677143 1662198 5042929 5225727 TO PROVIDE ALL STUDENTS ACCESS TO A HIGH QUALITY EDUCATION BY FACILITATING AND SUPPORTING THE CREATION, OPERATION, AND MANAGEMENT OF INNOVATIVE AND EFFECTIVE SCHOOL MODELS. 0 0 3289210 357926 2948642 CAPITAL PREPARATORY SCHOOLS, INC. PROVIDED EDUCATIONAL AND MANAGEMENT SERVICES TO THE FOLLOWING SCHOOLS: CAPITAL PREPARATORY HARBOR SCHOOL, CAPITAL PREPARATORY HARLEM CHARTER SCHOOL, AND CAPITAL PREPARATORY BRONX CHARTER SCHOOL. 3289210 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 30 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X X PAULA ALTIERI 9178383684 777 MAIN STREET BRIDGEPORT CT 06604 PAULA ALTIERI CHIEF FINANCIAL OFFICER 50.00 X 212411 0 35637 JILL CUTLER-HODGMAN CHIEF OF STAFF 50.00 X 212411 0 34521 DR STEPHEN PERRY CHIEF EXECUTIVE OFFICER 50.00 X 212411 0 33286 TAMMY CASSILE ASSISTANT SUPERINTENDENT - STUDENT SUPPORT SVCS 50.00 X 179331 0 16870 DOLORES CONCEPCION EXEC DIR OF COMM. & DEVELOPMENT 50.00 X 166345 0 15584 DANITA JONES DIRECTOR OF PROFESSIONAL LEARNING 50.00 X 166698 0 12463 NORDIA HEWITT LEAD DIRECTOR OF CURRICULUM 50.00 X 143563 0 16471 KASHANI STOKLEY DIRECTOR OF NETWORK CPS 50.00 X 138418 0 14995 MICHAEL DALTON DIRECTOR OF DATA & ACCOUNTABILITY (THRU JAN 2022) 50.00 X 127619 0 18367 DISHONDA L DUKES DIRECTOR OF CURRICULUM 50.00 X 129607 0 15758 APRIL MOYE DIRECTOR OF CURRICULUM 50.00 X 129533 0 14625 IVETTE RIZZA CHIEF OPERATING OFFICER 50.00 X 111872 0 8468 LISA BUFFINGTON BOARD CHAIR 1.00 X X 0 0 0 ROBERT TYNDALL VICE CHAIR/TREASURER 1.00 X X 0 0 0 IRA RUBENSTAL SECRETARY 1.00 X X 0 0 0 BRENNAN BROWN DIRECTOR 1.00 X 0 0 0 1930219 0 237045 15 0 1 0 0 2610330 2610330 MANAGEMENT FEES 611110 2948642 2948642 2948642 5558972 2948642 0 0 357926 357926 1738618 1003610 640656 94352 2149350 1241653 784899 122798 31941 18318 12665 958 250591 143714 99359 7518 269367 154483 106803 8081 6201 6201 23075 23075 91186 31445 58108 1633 10032 9029 1003 32509 15911 11001 5597 28480 16334 11292 854 98503 56492 39056 2955 38148 21878 15126 1144 3201 1836 1269 96 24230 13997 9506 727 PROFESSIONAL DEVELOP. 89783 89360 423 SCHOOL COSTS 86587 86587 FURNISHINGS 32012 18359 12693 960 REPAIRS AND MAINTENANCE 14434 8278 5723 433 5376174 3289210 1838858 248106 5290548 4772813 0 200000 0 22451 18051 12566 8686 5485 500000 300000 920838 1587176 6720072 6887925 120635 157658 1550000 1500000 6508 4540 1677143 1662198 X 4987566 4751868 55363 473859 5042929 5225727 6720072 6887925 182798 0 X 0 1 X 0 0 X 1327820 1776443 2030255 3340130 2610330 11084978 978889 1462469 1871204 2673307 2948642 9934511 2306709 3238912 3901459 6013437 5558972 21019489 1175000 1450000 1850000 2750000 2025000 9250000 0 1175000 1450000 1850000 2750000 2025000 9250000 11769489 2306709 3238912 3901459 6013437 5558972 21019489 0.55990 0.50780 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18051 12566 5485 5485 DUE FROM AFFILIATES 1548646 SECURITY DEPOSIT 38530 1587176 DEFERRED RENT 4540 4540 X 5558972 0 5558972 0 5558972 5376174 0 5376174 0 5376174 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, 2019. 1 CAPITAL PREP HARBOR SCHOOL 777 MAIN STREET BRIDGEPORT CT 06604 473525777 501(C)(3) 357926 0 GENERAL OPERATING ASSISTANCE 1 0 PART I, LINE 2: THE ORGANIZATION AWARDED A GRANT TO CAPITAL PREPARATORY HARBOR CHARTER SCHOOL FOR THE PURPOSE OF SUPPORTING GENERAL OPERATING COSTS. THE ORGANIZATION SERVES AS THE SCHOOL'S CHARTER MANAGEMENT ORGANIZATION. THE FINANCE TEAM REVIEWS ALL EXPENDITURES OF THE SCHOOL ON A MONTHLY BASIS, INCLUDING USE OF GRANT FUNDS, ENSURING THAT THE FUNDS ARE USED APPROPRIATELY. X X X X 0 0 0 0 0 0 0 0 0 PAULA ALTIERI CHIEF FINANCIAL OFFICER 212411 0 0 0 0 0 8912 0 26725 0 248048 0 0 0 JILL CUTLER-HODGMAN CHIEF OF STAFF 212411 0 0 0 0 0 7796 0 26725 0 246932 0 0 0 DR STEPHEN PERRY CHIEF EXECUTIVE OFFICER 212411 0 0 0 0 0 6561 0 26725 0 245697 0 0 0 TAMMY CASSILE ASSISTANT SUPERINTENDENT - STUDENT SUPPORT SVC 179331 0 0 0 0 0 7665 0 9205 0 196201 0 0 0 DOLORES CONCEPCION EXEC DIR OF COMM. & DEVELOPMENT 166345 0 0 0 0 0 0 0 15584 0 181929 0 0 0 DANITA JONES DIRECTOR OF PROFESSIONAL LEARNING 166698 0 0 0 0 0 0 0 12463 0 179161 0 0 0 NORDIA HEWITT LEAD DIRECTOR OF CURRICULUM 143563 0 0 0 0 0 5993 0 10478 0 160034 0 0 0 KASHANI STOKLEY DIRECTOR OF NETWORK CPS 138418 0 0 0 0 0 5790 0 9205 0 153413 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING THE TAX YEAR. 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 APPLICABLE TO OFFICERS, DIRECTORS, AND KEY EMPLOYEES. ON AN ANNUAL BASIS, EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE MUST SIGN A STATEMENT, WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. SUCH PERSONS HAVE A DUTY TO PROMPTLY DISCLOSE THE EXISTENCE OF ANY POTENTIAL CONFLICT OF INTEREST TO THE BOARD. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS TO THE BOARD, THE PERSON INVOLVED MUST LEAVE THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON BY THE BOARD. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. THE BOARD WILL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD WILL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS AND WILL MAKE A DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER AND ALL OTHER OFFICERS AND KEY EMPLOYEES WAS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. 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.