2023-05-15T22:59:21-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-07-01 134186070 VILLAGE ACADEMIES NETWORK INC VILL 6468129500 35 WEST 124TH STREET NEW YORK NY 10027 CHUCK KLEIN VICE PRESIDENT OF FINANCE 6468129500 2023-05-15 1 CHUCK KLEIN XXX-XX-XXXX GARRETT M HIGGINS P00543209 9143818900 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z HARLEM VILLAGE ACADEMIES DEBORAH A KENNY 35 WEST 124TH STREET NEW YORK NY 10027 5443066 0 X HARLEMVILLAGEACADEMIES.ORG X 2001 NY TO IMPROVE PUBLIC EDUCATION BY DEVELOPING A MODEL PUBLIC SCHOOL SYSTEM THAT CAN BE REPLICATED. 15 15 29 15 0 0 6169765 3842848 1212894 1093170 8096 9680 2959200 -286850 10349955 4658848 235309 861236 0 0 2022739 2261090 0 0 911963 2189590 2409622 4447638 5531948 5902317 -873100 59386631 57895733 13196647 13080218 46189984 44815515 X TO PROMOTE THE COMMON GOOD THROUGH THE ADVANCEMENT OF EDUCATION FOR CHILDREN IN DISADVANTAGED AND LOW INCOME COMMUNITIES; SUCH ADVANCEMENT INCLUDES RESEARCH, DEVELOPMENT, AND TRAINING ON CURRICULUM AND INSTRUCTIONAL PRACTICE, THE PROVISION OF CHARITABLE AND EDUCATIONAL SERVICES, AND THE DESIGN OF A MODEL PUBLIC SCHOOL SYSTEM. 0 0 4114443 861236 1093170 THE ORGANIZATION SUPPORTED THE NETWORK OF HARLEM VILLAGE ACADEMIES SCHOOLS THROUGH ENRICHMENT PROGRAMS, EDUCATIONAL MATERIALS, PROFESSIONAL DEVELOPMENT, TEACHER RECRUITING, CURRICULUM AND STANDARDS DEVELOPMENT, FAMILY AND COMMUNITY OUTREACH, AND OPERATIONAL SUPPORT SERVICES, INCLUDING FISCAL MANAGEMENT SUPPORT. 4114443 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 40 0 29 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CHUCK KLEIN 6468129571 35 WEST 124TH STREET NEW YORK NY 10027 DEBORAH A KENNY CHIEF EXECUTIVE OFFICER 40.00 X 596278 0 29760 ROBERT OLLWERTHER CHIEF OPERATING OFFICER 40.00 X 294377 0 42008 CHARLES KLEIN VICE PRESIDENT OF FINANCE 40.00 X 225981 0 20165 PAUL LOMEDICO EXTERNAL AFFAIRS & ADMIN DIRECTOR 40.00 X 167960 0 17575 DAVID O'HARA CHIEF OF SECONDARY EDUCATION 40.00 X 130684 0 36908 GAYLE AMATO EXECUTIVE ASSISTANT 40.00 X 138344 0 19870 BOBBY EDENFIELD ELEMENTARY MATHEMATICS DIRECTOR 40.00 X 136707 0 16068 LISA CHEN MANAGING DIRECTOR OF OPERATIONS 40.00 X 128013 0 14955 JEFFREY MAYER CHAIRMAN 1.00 X X 0 0 0 JOHN LEGEND VICE-CHAIRMAN 1.00 X X 0 0 0 JEFFREY VERSCHLEISER TREASURER/SECRETARY 1.00 X X 0 0 0 KOFI APPENTENG DIRECTOR 1.00 X 0 0 0 ROBERT BARNETT DIRECTOR 1.00 X 0 0 0 KATIE COURIC DIRECTOR 1.00 X 0 0 0 JONATHAN GRAY DIRECTOR 1.00 X 0 0 0 ELLEN HORING DIRECTOR 1.00 X 0 0 0 HUGH JACKMAN DIRECTOR 1.00 X 0 0 0 THOMAS L KEMPNER JR DIRECTOR 1.00 X 0 0 0 EDWARD LEWIS DIRECTOR 1.00 X 0 0 0 LORI MOORE DIRECTOR 1.00 X 0 0 0 JANE OCH DIRECTOR 1.00 X 0 0 0 FIONA RUDIN DIRECTOR 1.00 X 0 0 0 JEFF WILPON DIRECTOR 1.00 X 0 0 0 1818344 0 197309 10 0 1 0 LAVINIA GROUP LLC PO BOX 1319 SAG HARBOR NY 11963 EDUCATION CONSULTING 305670 RICOH USA INC 300 EAGLEVIEW BLVD EXTON PA 19341 TECHNOLOGY CONSULTING 202056 4TH SECTOR SOLUTIONS INC 10455 JEFFERSON HWY SUITE 110 BATON ROUGE LA 70809 EDUCATION FINANACE & REAL ESTATE CONSULT 190758 PETER H COE 4 WEST 109TH STREET APT 4D NEW YORK NY 10225 EDUCATION CONSULTING 114000 4 1599747 438347 1804754 426360 3842848 RENTAL INCOME- SCHOOL 531120 1093170 1093170 1093170 5131 5131 460057 455508 4549 4549 4549 41860 1599747 328710 -286850 -286850 4658848 1093170 0 -277170 847028 847028 14208 14208 1094576 853769 186078 54729 739662 450464 16376 272822 140789 97760 13509 29520 190075 131518 17835 40722 95988 67987 10365 17636 53165 37656 3021 12488 17587 17587 214319 156792 21294 36233 9891 7007 1067 1817 123710 87553 13383 22774 203036 143859 21906 37271 149264 105721 16119 27424 21633 15146 2401 4086 17687 17687 453352 321104 48954 83294 932842 660719 100733 171390 75859 53730 8191 13938 FUNDRAISING EXPENSES 74394 74394 STUDENT ENRICHMENT 60548 42885 6538 11125 MISCELLANEOUS 2335 1850 185 300 5531948 4114443 505542 911963 651664 779264 18691578 18192582 4163094 2233453 0 150325 0 145281 140760 9983 42361174 8104413 33902443 34256761 1837092 2128084 59386631 57895733 405744 954540 642840 0 0 370950 11710811 11754728 437252 0 13196647 13080218 X 41101891 41887770 5088093 2927745 46189984 44815515 59386631 57895733 X -873100 -501369 X X 0 1 X 1 0 X 5793087 4840348 3077436 6169965 3842848 23723684 5793087 4840348 3077436 6169965 3842848 23723684 10219630 13504054 129341 269338 183292 1775 5131 588877 369429 54848 21889 2959200 3405366 27717927 5087664 0.48720 0.51940 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUND OF PROPERTY TAXES - 2017 AMOUNT: $ 369,429. OTHER INCOME - 2018 AMOUNT: $ 54,848. 2019 AMOUNT: $ 21,889. FORGIVENESS OF DEBT - NMTC - 2020 AMOUNT: $ 2,959,200. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6902710 6902710 33325275 7339628 25985647 1401165 186673 1214492 486012 357232 128780 246012 220880 25132 34256761 X 5023463 35905 328710 364615 4658848 0 4658848 6397932 35905 830079 865984 5531948 0 5531948 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTING IN PART VIII 328,710. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTING IN PART VIII 328,710. LOSS ON LOANS RECEIVABLE 501,369. 1 CONCERT FUNDRAISER 1641607 1599747 41860 328710 1641607 1599747 41860 328710 328710 -286850 1 HARLEM VILLAGE ACADEMY WEST CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 223880680 501(C)(3) 423514 0 TO SUPPORT THE SCHOOL HARLEM VILLAGE ACADEMY EAST CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 113661253 501(C)(3) 423514 0 TO SUPPORT THE SCHOOL 2 0 SCHOLARSHIPS 2 14208 PART I, LINE 2: THE ORGANIZATION PROVIDES COLLEGE SCHOLARSHIPS TO STUDENTS BASED ON ACADEMIC SUCCESS IN MIDDLE SCHOOL. THE PRINCIPALS OF THE MIDDLE SCHOOLS SELECT THE SCHOLARSHIP RECIPIENTS BASED ON ACADEMIC SUCCESS AND STUDENT ACTIVITIES. STUDENTS WHO RECEIVE SCHOLARSHIPS MUST COMPLETE FOUR YEARS OF HIGH SCHOOL AT HARLEM VILLAGE ACADEMIES AND MAINTAIN ACADEMIC SUCCESS. PAYMENTS ARE MADE DIRECTLY TO THE COLLEGE FOR TUITION, ROOM AND BOARD. X 1 1 X X X 0 0 0 0 0 0 0 1 0 DEBORAH A KENNY CHIEF EXECUTIVE OFFICER 293555 0 274750 0 27973 0 11600 0 18160 0 626038 0 0 0 ROBERT OLLWERTHER CHIEF OPERATING OFFICER 243615 0 50000 0 762 0 10707 0 31301 0 336385 0 0 0 CHARLES KLEIN VICE PRESIDENT OF FINANCE 225843 0 0 0 138 0 9034 0 11131 0 246146 0 0 0 PAUL LOMEDICO EXTERNAL AFFAIRS & ADMIN DIRECTOR 167900 0 0 0 60 0 6740 0 10835 0 185535 0 0 0 DAVID O'HARA CHIEF OF SECONDARY EDUCATION 130654 0 0 0 30 0 5227 0 31681 0 167592 0 0 0 GAYLE AMATO EXECUTIVE ASSISTANT 137582 0 0 0 762 0 5750 0 14120 0 158214 0 0 0 BOBBY EDENFIELD ELEMENTARY MATHEMATICS DIRECTOR 136659 0 0 0 48 0 5500 0 10568 0 152775 0 0 0 PART I, LINE 1A THE CHIEF EXECUTIVE OFFICER RECEIVES A $25,000 HOUSING ALLOWANCE PER YEAR IN EQUAL INSTALLMENTS. THE AMOUNT IS REPORTED IN PART II, COLUMN (B)(III). PART I, LINE 7 THE ORGANIZATION PAID PERFORMANCE-BASED BONUSES IN 2021. DEBORAH A KENNY CEO LIFE INSURANCE X 145281 145281 0 1 1 145281 X 3 426360 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. UPON APPROVAL, A COMPLETE COPY OF THE RETURN IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES (IF ANY). ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST IS REQUIRED TO BE PROMPTLY DISCLOSED IN GOOD FAITH IN WRITING TO EACH MEMBER OF THE BOARD, TOGETHER WITH ALL MATERIAL FACTS KNOWN TO SUCH DIRECTOR, OFFICER OR EMPLOYEE WITH RESPECT TO AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD. ANY DIRECTOR, OFFICER OR EMPLOYEE TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES MUST LEAVE THE ROOM WHILE DELIBERATIONS ARE CONDUCTED. ANY MATTER INVOLVING AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS APPROVED BY A MAJORITY VOTE OF THE BOARD MEMBERS PRESENT AND VOTING AT THE MEETING; PROVIDED THAT THE DIRECTOR TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES IS NOT BE PERMITTED TO VOTE. DISCUSSIONS AND DECISIONS REGARDING CONFLICTS OF INTEREST ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. PRIOR TO THE INITIAL ELECTION OR APPOINTMENT OF A DIRECTOR TO THE BOARD, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTOR, IN ADDITION TO ALL OFFICERS AND EMPLOYEES, ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. EACH DIRECTOR, OFFICER AND EMPLOYEE MUST ALSO ANNUALLY SIGN AND SUBMIT TO THE BOARD SECRETARY A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, AND VICE PRESIDENT OF FINANCE WAS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. AN INDEPENDENT COMPENSATION CONSULTANT AND REVIEW OF COMPARABILITY DATA, INCLUDING THE FORMS 990 OF SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS, WAS UTILIZED IN DETERMINING COMPENSATION. THE PROCESS WAS LAST CONDUCTED IN 2022 AND WAS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG AND SIMILAR WEBSITES. FORM 990, PART XI, LINE 9: LOSS ON LOANS RECEIVABLE -501,369. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HVA 125 LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 270412844 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (HIGH SCHOOL FACILITY). NY 0 7174918 VILLAGE ACADEMIES NETWORK INC HVA 124 LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (ELEMENTARY SCHOOL FACILITY). NY 1093170 25687236 VILLAGE ACADEMIES NETWORK INC HVA 60 WEST LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (GRADUATE SCHOOL FACILITY 1). NY 0 3803233 VILLAGE ACADEMIES NETWORK INC HVA 126 LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 TO PAY PREMIUMS ON ONE OR MORE LIFE INSURANCE POLICIES. NY 3793 145281 VILLAGE ACADEMIES NETWORK INC HVA 2011 LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (GRADUATE SCHOOL FACILITY 2). NY 0 0 VILLAGE ACADEMIES NETWORK INC