2023-05-15T20:45:29-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-07-01 061581474 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS DEMO 7182940841 3872 THIRD AVENUE BRONX NY 10457 DR ROBERT NORTH BOARD CHAIR 7182940841 2023-05-15 1 DR ROBERT NORTH 999009999 GARRETT M HIGGINS P00543209 9143818900 2023-05-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR ROBERT NORTH 3872 THIRD AVENUE BRONX NY 10457 88075996 0 X WWW.DEMOCRACYPREP.ORG X 2000 NY TO EDUCATE SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 16 16 816 16 0 0 6093224 9462689 79859171 78357827 52736 27569 399648 227911 86404779 88075996 0 0 0 0 44711457 51619914 0 0 495572 25772540 33020243 70483997 84640157 15920782 3435839 67527043 75644982 12906346 17588446 54620697 58056536 TO EDUCATE RESPONSIBLE CITIZEN-SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 0 0 72719616 0 78357827 THE SCHOOL IS DEDICATED TO PROVIDING A HIGH QUALITY COLLEGE PREPARATORY EDUCATION TO PRIMARILY DISADVANTAGED STUDENTS. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 4,104 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELFTH DURING THE 2021-2022 ACADEMIC YEAR. 72719616 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 1 0 0 0 1 26 0 816 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X VALERIE MARTINEZ 3322154366 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 X ANDRE GEDDES PRINCIPAL 40.00 X 155280 0 4724 KAITLYN DERRY PRINCIPAL 40.00 X 133210 0 16043 BRYAN STROUD PRINCIPAL 40.00 X 131508 0 17112 JOSEF ROBINSON PRINCIPAL 40.00 X 136954 0 9183 GREGORY DANIEL PRINCIPAL 40.00 X 141831 0 1363 DR ROBERT NORTH BOARD CHAIR 10.00 X X 0 0 0 KHARY BARNES VICE CHAIR 5.00 X X 0 0 0 JOSHUA PRISTAW VICE CHAIR 5.00 X X 0 0 0 DOUGLAS SNYDER VICE CHAIR 5.00 X X 0 0 0 ROGER BERG SECRETARY 5.00 X X 0 0 0 BRIAN BERGER TREASURER 5.00 5.00 X X 0 0 0 JAKE FOLEY III TRUSTEE 5.00 X 0 0 0 ROSS FROMMER TRUSTEE 5.00 X 0 0 0 TREVOR GIBBONS TRUSTEE 5.00 X 0 0 0 FARDIDA ILBOUDO TRUSTEE 5.00 X 0 0 0 STEPHANIE KING TRUSTEE 5.00 X 0 0 0 BRITTANY MULLINGS TRUSTEE 5.00 X 0 0 0 KEN WEILLER TRUSTEE 5.00 X 0 0 0 GREGORY WESTON TRUSTEE 5.00 X 0 0 0 SEAN WINDSOR TRUSTEE 5.00 X 0 0 0 ALASTAIR WOOD TRUSTEE 5.00 X 0 0 0 NATASHA TRIVERS CEO (OUTSOURCED) 5.00 1.00 X 0 0 0 VALERIE MARTINEZ CFO (OUTSOURCED) 5.00 1.00 X 0 0 0 698783 0 48425 5 0 1 0 DEMOCRACY PREP PUBLIC SCHOOLS INC 1767 PARK AVENUE 4TH FLOOR NEW YORK NY 10035 CHARTER MANAGEMENT 10023049 DBI PROJECTS LLC 1261 BROADWAY NEW YORK NY 10001 PROJECT MANAGEMENT 510410 RYAN LEAK 3265 BAINBRIDGE AVENUE BRONX NY 10467 MOTIVATIONAL SPEAKER 384400 3 9367151 95538 280800 9462689 GOV'T PER-PUPIL REVENUE 611110 77762361 77762361 PROGRAM RELATED RENTAL 531120 595466 595466 78357827 27569 27569 REIMBURSEMENT 900099 218005 218005 OTHER INCOME 900099 9906 9906 227911 88075996 78357827 0 255480 44024002 37927575 6096427 1387904 1196881 191023 2932748 2529965 402783 3275260 2825436 449824 9911473 7929180 1486721 495572 11044 11044 41566 41566 483014 316427 166587 257816 240339 17477 980249 850169 130080 2040951 1766775 274176 6541771 5592789 948982 2278 1948 330 52628 44758 7870 133679 113688 19991 2754392 2343781 410611 792082 684739 107343 REPAIRS & MAINTENANCE 3136761 2690109 446652 INSTRUCTIONAL MATERIALS 2548667 2495039 53628 STUDENT SERVICES 2494074 2453041 41033 STAFF DEVELOPMENT 462803 397303 65500 374995 319674 55321 84640157 72719616 11424969 495572 11645051 15946959 28580009 28603887 4157422 6578672 2891172 2203312 40920261 23170629 17054159 17749632 3199230 4562520 67527043 75644982 8273578 9447026 259948 4402954 4372820 3738466 12906346 17588446 X 44334524 48256366 10286173 9800170 54620697 58056536 67527043 75644982 3435839 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15724381 5421426 10302955 9039634 6570291 2469343 3950883 2156235 1794648 12205363 9022677 3182686 17749632 DUE FROM AFFILIATES 1358444 SECURITY DEPOSITS 3204076 4562520 DEFERRED RENT 1914718 CAPITAL LEASE OBLIGATION 1823748 3738466 X 88075996 0 88075996 0 88075996 84640157 0 84640157 0 84640157 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. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2019. 1 1 1 1 1 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. PROV. 75-50 AND MODIFIED BY REV. PROC. 2019-22. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES FEDERAL TITLE I, IIA AND CITY FUNDING TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS. 0 0 0 0 0 0 0 0 0 ANDRE GEDDES PRINCIPAL 155220 0 0 0 60 0 4430 0 294 0 160004 0 0 0 X 219407 COST X SOFTWARE 1 61393 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 DEMOCRACY PREP PUBLIC 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 $9,911,473 IN MANAGEMENT FEES. NO INDIVIDUALS LISTED ON FORM 990, PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY. 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 TRUSTEES AND OFFICERS, REQUIRING THEM TO ANNUAL SUBMIT A STATEMENT TO THE CHAIRPERSON OF THE BOARD TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. TRUSTEES 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 C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT 3872 THIRD AVENUE, BRONX, NY 10457, OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)294-0841. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL INC 3872 THIRD AVENUE BRONX NY 10457 161571685 TO SUPPORT DEMOCRACY PREP NEW YORK CHARTER SCHOOLS NY 501(C)(3) LINE 12A, I DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0