2023-05-08T15:06:47-05:00 2022-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2021-07-01 237112974 HARLEM CHILDREN'S ZONE INC HARL 2123603255 35 EAST 125TH STREET NEW YORK NY 10035 KWAME OWUSU-KESSE CHIEF FINANCIAL OFFICER 2123603255 2023-05-08 1 KWAME OWUSU-KESSE XXX-XX-XXXX SCOTT THOMPSETT P00741490 2125990100 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z KWAME OWUSU-KESSE 35 EAST 125TH STREET NEW YORK NY 10035 135187419 0 X WWW.HCZ.ORG X 1970 NY WE ENHANCE THE LIFE FOR CHILDREN AND FAMILIES IN SOME OF NYC'S MOST DEVASTATED NEIGHBORHOODS. 20 18 1448 0 0 0 170129289 132954469 0 0 -330082 0 1600658 2051670 171399865 135006139 29367928 8112469 0 0 53524540 53949245 0 0 2029613 69593064 42194636 152485532 104256350 18914333 30749789 970988312 945861966 92975538 82160600 878012774 863701366 X HARLEM CHILDREN'S ZONE (HCZ) BREAKS THE CYCLE OF INTERGENERATIONAL POVERTY WITH ON-THE-GROUND, COMPREHENSIVE PROGRAMS THAT BUILD UP OPPORTUNITIES FOR CHILDREN AND FAMILIES TO THRIVE IN SCHOOL, WORK, AND LIFE (CONTINUED IN SCHEDULE O.) 0 0 43038526 0 0 SEE SCHEDULE OHCZ PROMISE ACADEMY CHARTER SCHOOLSAT PROMISE ACADEMY A TOP-PERFORMING K-12 CHARTER SCHOOL WITHIN HCZ'S CRADLE-TO-CAREER PATHWAY OF SERVICES WE PROMISE TO DO WHATEVER IT TAKES TO GET OUR SCHOLARS TO AND THROUGH COLLEGE. EVERYTHING WE DO FROM QUALITY INSTRUCTION TO EXCEPTIONAL EXTRACURRICULAR ACTIVITIES TO HEALTHY, HOME-COOKED MEALS IS DESIGNED TO KEEP THAT PROMISE.SINCE THE OPENING OF HCZ PROMISE ACADEMY I IN 2004 AND HCZ PROMISE ACADEMY II IN 2005, WE'VE MADE AN ENORMOUS IMPACT ON OUR YOUNG PEOPLE. WE'VE ENROLLED NEARLY 100% OF OUR SCHOLARS IN COLLEGE; WE'VE CLOSED THE BLACK-WHITE ACHIEVEMENT GAP; AND WE'VE HELPED OUR GRADUATES BUILD SUCCESSFUL CAREERS AND BECOME CONSCIENTIOUS CITIZENS.EDUCATION AND YOUTH PROGRAMSPEACEMAKERSPEACEMAKERS PARTNERS WITH HARLEM'S PUBLIC ELEMENTARY AND MIDDLE SCHOOLS TO HELP UNLOCK THAT POTENTIAL IN ALL STUDENTS.A CUT ABOVEA CUT ABOVE IS AN AFTER-SCHOOL PROGRAM THAT EMPOWERS SCHOLARS IN GRADES K-8 TO MAKE BETTER, FUTURE-FOCUSED DECISIONS AND BECOME WELL-ROUNDED CITIZENS AND LEADERS.ACADEMY OF ARTS AND CIVIC ENGAGEMENTACADEMY OF ARTS AND CIVIC ENGAGEMENT IS AN AFTER-SCHOOL PROGRAM FOR HIGH SCHOOL SCHOLARS THAT PREPARES THEM FOR CAREERS IN THE ARTS. SCHOLARS GAIN CAREER-READY SKILLS, REAL-WORLD EXPERIENCE, AND A NETWORK OF PROFESSIONAL CONTACTS. EMPLOYMENT AND TECHNOLOGY CENTER EMPLOYMENT AND TECHNOLOGY CENTER IS AN AFTER-SCHOOL PROGRAM FOR HIGH SCHOOL SCHOLARS THAT PREPARES THEM FOR CAREERS IN STEM AND TECHNICAL ARTS AREAS. SCHOLARS GAIN CAREER-READY SKILLS, REAL-WORLD EXPERIENCE, AND A NETWORK OF PROFESSIONAL CONTACTS.COUNTEE CULLEN COMMUNITY CENTER COUNTEE CULLEN COMMUNITY CENTER IS AN AFTER-SCHOOL PROGRAM FOR HIGH SCHOOL SCHOLARS THAT PREPARES THEM FOR CAREERS IN BROADCASTING AND MEDIA ARTS. SCHOLARS GAIN CAREER-READY SKILLS, REAL-WORLD EXPERIENCE, AND A NETWORK OF PROFESSIONAL CONTACTS. 10929081 0 0 SEE SCHEDULE OCOLLEGE AND CAREER PROGRAMSCENTER FOR HIGHER EDUCATION AND CAREER SUPPORTOUR SCHOLARS MAY LEAVE THE ZONE TO GO TO COLLEGE, BUT THE ZONE NEVER LEAVES THEM. CENTER FOR HIGHER EDUCATION AND CAREER SUPPORT PREPARES THEM FOR COLLEGE, SUPPORTS THEM THROUGH COLLEGE, AND HELPS THEM LAUNCH SUCCESSFUL CAREERS THAT PAVE THE PATH TO SOCIAL AND ECONOMIC MOBILITY. 9334942 0 0 SEE SCHEDULE O EARLY CHILDHOODTHE BABY COLLEGETHE BABY COLLEGE PROMOTES THE HEALTH AND SUCCESS OF NEWBORNS AND TODDLERS THROUGH A NINE-WEEK WORKSHOP SUPPORTING NEW AND EXPECTANT PARENTS AND CAREGIVERS THROUGH THE INS AND OUTS OF EARLY CHILDHOOD DEVELOPMENT.GRADS EARLY HEAD STARTGRADS (GUARDIANS RESPONDING AND DEVELOPING STRATEGIES) EARLY HEAD START IS A YEAR-ROUND, HOME-VISITING PROGRAM FOR EXPECTANT MOTHERS AND CHILDREN AGES 0-3 YEARS OLD. THROUGH GRADS EHS, GRADUATES OF THE BABY COLLEGE HAVE AN OPPORTUNITY TO DEEPEN THEIR UNDERSTANDING OF EARLY CHILDHOOD DEVELOPMENT AND STRENGTHEN PARENT-CHILD RELATIONSHIPS.THE THREE-YEAR-OLD JOURNEYTHE THREE-YEAR-OLD JOURNEY PROVIDES LOTTERY WINNERS OF HCZ'S PROMISE ACADEMY CHARTER SCHOOLS WITH THE OPPORTUNITY TO CONTINUE TO LEARN, GROW, AND NURTURE FRIENDSHIPS IN THE LEAD UP TO THEIR ADMISSION TO PROMISE ACADEMY.HARLEM GEMSHARLEM GEMS PRESCHOOLS EMPOWER OUR YOUNGEST SCHOLARS TO SUCCEED IN K-12 AND BEYOND BY BUILDING A STRONG ACADEMIC FOUNDATION AND STARTING THEM ON THE PATH TO COLLEGE AND CAREER. 17289340 8112469 0 OTHER PROGRAMS:HEALTHY AND COMMUNITY PROGRAMSCOMMUNITY PRIDECOMMUNITY PRIDE IS A PROGRAM OF GRASSROOTS, BOOTS-ON-THE-GROUND CONNECTORS, COMMUNITY BUILDERS, AND PROBLEM SOLVERS DEVOTED TO EMPOWERING INDIVIDUALS AND THE COMMUNITY-AT-LARGE.HEALTHY HARLEMHEALTHY HARLEM IS EMPOWERING A CULTURE OF HEALTH IN CENTRAL HARLEM BY HELPING THOUSANDS OF CHILDREN AND FAMILIES LEARN HOW TO TAKE BETTER CARE OF THEMSELVES, MAKE THOUGHTFUL CHOICES, AND ESTABLISH LIFELONG HEALTHY HABITS.THE HCZ ARMORYTHE HCZ ARMORY IS A MULTI-PURPOSE, COMMUNITY WELLNESS CENTER COMMITTED TO EMPOWERING A CULTURE OF HEALTH AND WELLNESS IN CENTRAL HARLEM.NATIONAL LEADERSHIP PROGRAMSWILLIAM JULIUS WILSON INSTITUTE WILLIAM JULIUS WILSON INSTITUTE IS A NATIONAL RESOURCE FOR PLACE-BASED, PEOPLE-FOCUSED SOLUTIONS THAT OPEN PATHWAYS TO SOCIAL AND ECONOMIC MOBILITY.PRACTITIONERS INSTITUTEPRACTITIONERS INSTITUTE HELPS ORGANIZATIONS ACROSS THE U.S. AND THE WORLD IMPLEMENT COMPREHENSIVE, PLACE-BASED SOLUTIONS DEVELOPED AT HARLEM CHILDREN'S ZONE IN THEIR COMMUNITIES. HEALTHY WAYS REPLICATIONINSPIRED BY HEALTHY HARLEM, HEALTHY WAYS IS A NATIONAL PROGRAM THAT CHAMPIONS HEALTHY HABITS AND LIFESTYLES FOR CHILDREN AND FAMILIES BY PROVIDING ENGAGING PROGRAMS FOCUSED ON NUTRITION AND PHYSICAL ACTIVITY. 17289340 8112469 0 80591889 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 1 256 0 1 1448 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 18 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X LINDA IBUZOR 2123603255 35 EAST 125TH STREET NEW YORK NY 10035 KWAME OWUSU-KESSE CEO & EX OFFICIO BOARD MEMBER 40.00 2.00 X X 644455 0 121254 GEOFFREY CANADA PRESIDENT 40.00 4.00 X X 503045 0 36645 STANLEY F DRUCKENMILLER CHAIRMAN 1.00 4.00 X X 0 0 0 MITCH KURZ TREASURER 1.00 4.00 X X 0 0 0 MATTHEW C BLANK SECRETARY 1.00 0.00 X X 0 0 0 KEITH MEISTER VICE CHAIRMAN 1.00 4.00 X X 0 0 0 WALLIS ANNENBERG BOARD MEMBER 1.00 0.00 X 0 0 0 STEPHANIE COLEMAN BOARD MEMBER (AS OF 10/2021) 1.00 0.00 X 0 0 0 DON K CORNWELL BOARD MEMBER (AS OF 02/2021) 1.00 0.00 X 0 0 0 JOSEPH DIMENNA BOARD MEMBER (THRU 02/2022) 1.00 0.00 X 0 0 0 ANITA ELBERSE BOARD MEMBER (AS OF 10/2021) 1.00 0.00 X 0 0 0 MARK KINGDON BOARD MEMBER 1.00 0.00 X 0 0 0 KENNETH G LANGONE BOARD MEMBER 1.00 4.00 X 0 0 0 CAROLINE TURNER BOARD MEMBER 1.00 0.00 X 0 0 0 RICHARD WITTEN BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN HIGGINS BOARD MEMBER 1.00 0.00 X 0 0 0 ZACHARY J SCHREIBER BOARD MEMBER 1.00 0.00 X 0 0 0 ERIC W MANDELBLATT BOARD MEMBER 1.00 0.00 X 0 0 0 PHILIPPE LAFFONT BOARD MEMBER 1.00 0.00 X 0 0 0 ASHOK VARADHAN BOARD MEMBER 1.00 0.00 X 0 0 0 DOUG BUCKMINSTER BOARD MEMBER 1.00 0.00 X 0 0 0 JENNIFER KLEIN CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 318973 0 90959 NANA A ANNAN CHIEF OPERATING OFFICER 40.00 2.00 X 280329 0 37987 CONNOR FOURNIER CHIEF FINANCIAL OFFICER 40.00 2.00 X 287507 0 8586 TERESA COUNCIL MD, PARENT\COMMUN.\HEALTH(THRU 2/21) 40.00 0.00 X 289346 0 10390 WENSER J PIERRE III SR MANAGING DIRECTOR OF PROGRAMS 40.00 0.00 X 256975 0 16520 JUSTIN MAKER SR MANAGING DIRECTOR, HR 40.00 0.00 X 294152 0 96267 TRACEY JENKINS DIRECTOR, STRATEGIC SOURCING 40.00 0.00 X 250008 0 61117 JAZMINE LEWIS CHIEF OF STAFF 40.00 0.00 X 294376 0 81261 JAMES D HUTTER CHIEF FINANCIAL OFF. (THRU 02/21) 40.00 0.00 X 628915 0 39464 4048081 0 600450 55 1 1 0 THE EXECU SEARCH1 675 THIRD AVENUE 5TH FLOOR NEW YORK NY 10017 RECRUITING SERVICES 1048418 THE ULTIMATE SOFT 2250 N COMMERCE PARKWAY WESTON FL 33326 HR SOFTWARE SERVICES 591318 BRIDGESPAN GROUP 2 COPLEY PLACE SUITE 37008 BOSTON MA 02116 CONSULTING SERVICES 500003 MOVINYOUR 84 HERZL STREET BROOKLYN NY 11212 MAINTENANCE SERVICES 412852 COUPA 1855 SOUTH GRANT STREET SAN MATEO CA 94402 SOFTWARE CONSULTING 300000 17 7979148 3816868 121158453 1379796 132954469 2106144 0 2106144 2106144 2106144 82365 7979148 181280 -98915 -98915 MISCELLANEOUS REVENUE 900099 44441 44441 44441 135006139 0 0 2051670 4027155 4027155 4085314 4085314 2204672 1934343 203049 67280 38947915 33420357 4184085 1343473 934934 856652 23024 55258 8620780 7202228 1096406 322146 3240944 2889848 260562 90534 97262 97262 407244 407244 8849781 8849781 8652941 7406474 1195258 51209 338938 1149 337789 271652 247379 20833 3440 1896644 1399661 483337 13646 10485141 8882059 1601486 1596 719470 697902 20528 1040 2561295 1567079 994216 1041715 1041715 FOOD 1556407 1517272 34503 4632 EDUCATION SUPPLIES 1160657 1123419 31402 5836 TELECOMMUNICATIONS 804234 573844 226955 3435 EQUIPMENT RENT & MAINT. 659855 543493 111620 4742 2691400 2216261 413793 61346 104256350 80591889 21634848 2029613 218805 411587 31750724 118801902 81292076 72121319 422449 803771 1279676 2546637 171898772 55679522 119850691 116219250 735029418 634210787 1144473 746713 970988312 945861966 13609058 7634206 60455309 58623330 18911171 15903064 92975538 82160600 X 771989483 766466801 106023291 97234565 878012774 863701366 970988312 945861966 30749789 -45061197 0 X 0 1 X 1 1 1 X 72230873 112338456 132870565 170129289 132954468 620523651 72230873 112338456 132870565 170129289 132954468 620523651 229222054 391301597 23921 12417 2226865 2044800 2106144 6414147 1040627 429909 146262 120929 44441 1782168 628719966 0.62240 0.63290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2017 AMOUNT: $ 186,293. 2018 AMOUNT: $ 180,719. 2019 AMOUNT: $ 146,262. 2020 AMOUNT: $ 120,929. 2021 AMOUNT: $ 44,441. SPECIAL EVENTS GROSS INCOME - 2017 AMOUNT: $ 146,568. 2018 AMOUNT: $ 137,888. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. RECOVERY OF PRIOR YEAR INVESTMENT WRITE-OFF - 2017 AMOUNT: $ 707,766. 2018 AMOUNT: $ 111,302. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 722588827 -47425171 174254 674989402 479261830 6205140 237121857 722588827 451742985 2586204 25052776 120135 479261830 466183291 866151 65965 15240492 451742985 438718755 46347788 325315 18557937 466183291 0.98091 0.01909 0.00000 0 0 14156007 14156007 133228721 37936915 95291806 16374911 10459824 5915087 5552538 5003756 548782 2586595 2279027 307568 116219250 ALTERNATIVE INVESTMENTS 627609489 F ALT. INVESTMENT REDEMPTION 6601298 F 634210787 DEFERRED COMPENSATION PAYABLE 4908131 DUE TO RELATED PARTY 9404156 REFUNDABLE ADVANCE 1590777 15903064 X 81111763 -45061197 989234 -44071963 125183726 9822413 9822413 135006139 95423171 989234 989234 94433937 9822413 9822413 104256350 PART X, LINE 2: HCZ FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. HCZ IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TOIDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS NOT RECORDED A PROVISION FOR INCOME TAXES AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. SCHEDULE D, PART V: ENDOWMENTS HARLEM CHILDREN'S ZONE'S ENDOWMENTS ARE INTENDED TO SUPPORT THE ORGANIZATION'S SOCIAL, CULTURAL AND EDUCATIONAL PROGRAMS (AS DESCRIBED IN PART III OF THE FORM 990) AND TO FUND A TAX-DEFERRED EMPLOYEE SAVINGS PLAN. HCZ HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING WHILE SEEKING TO MAINTAIN THE EARNINGS POWER OF THE ENDOWMENT ASSETS. THE ORGANIZATION HAS MODIFIED ITS ENDOWMENT FOOTNOTE FROM ITS PRESENTATION IN PRIOR YEARS TO REFLECT A NET DRAWDOWN TO FUND OPERATIONS ON LINE 1(E). IN YEARS IN WHICH THE ORGANIZATION'S NET FUND TRANSFERS INTO THE ENDOWMENT EXCEED ITS ANNUAL DRAWDOWN, THOSE AMOUNTS HAVE BEEN INCLUDED WITH CONTRIBUTIONS ON LINE 1(B). AMOUNTS REPORTED ON LINE 1(B) AND LINE 1(E) REPRESENT EITHER THE NET ADDITION TO, OR DRAWDOWN FROM, THE ENDOWMENT IN EACH GIVEN YEAR. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENTS 627609489 0 0 0 0 0 0 627609489 0 627609489 1 0 1 1 1 0 PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F: HARLEM CHILDREN'S ZONE INVESTS DIRECTLY IN A VARIETY OF ALTERNATIVE INVESTMENTS. THESE ALTERNATIVE INVESTMENTS ARE EITHER DOMICILED IN THE UNITED STATES AS LIMITED PARTNERSHIPS OR IN FOREIGN JURISDICTIONS AS CORPORATIONS OR PARTNERSHIPS. BY VIRTUE OF ITS OWNERSHIP IN THESE INVESTMENTS, HARLEM CHILDREN'S ZONE MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. TO THE EXTENT THAT HARLEM CHILDREN'S ZONE IS REQUIRED TO COMPLETE A FORM 926, 5471, 8621 OR 8865 BECAUSE ITS INVESTMENT EXCEEDS THE FILING THRESHOLD, THOSE FORMS HAVE BEEN ATTACHED TO THE ORGANIZATION'S FORM 990-T FILING. AWARD DINNER 8061513 7979148 82365 181280 8061513 7979148 82365 181280 181280 -98915 1 HARLEM CHILDREN'S ZONE PROMISE ACADEMY I 245 WEST 129TH STREET NEW YORK NY 10027 760756768 501(C)(3) 2544198 0 EDUCATION HARLEM CHILDREN'S ZONE PROMISE ACADEMY II 35 EAST 125TH STREET NEW YORK NY 10035 342049530 501(C)(3) 1482957 0 EDUCATION 2 EDUCATIONAL STIPENDS 2260 1786390 HCZ HARDSHIP ASSISTANCE 303 1339238 SCHOLARSHIPS 237 959686 SCHEDULE I, PART III: THE NEED IN CENTRAL HARLEM: CHILDREN IN CENTRAL HARLEM TYPICALLY FACE MULTIPLE CHALLENGES TO THEIR SUCCESS: FAILING SCHOOLS, INADEQUATE HEALTH CARE, LACK OF SAFE PLACES TO SPEND OUT-OF-SCHOOL TIME, AND THE THREAT OF PHYSICAL VIOLENCE. NUMEROUS STUDIES HAVE DOCUMENTED THE OBSTACLES TO SUCCESS FOR LOW-INCOME STUDENTS, PARTICULARLY THOSE OF COLOR. A BLACK BOY BORN IN 2001 HAS A ONE IN THREE CHANCE OF GOING TO PRISON IN HIS LIFETIME. ONE STUDY FOUND THAT, BY THE AGE OF THREE, CHILDREN IN POOR FAMILIES WERE EXPOSED TO 30 MILLION FEWER WORDS THAN CHILDREN IN HIGH-INCOME HOMES. TO ADDRESS THE MULTITUDE OF CHALLENGES OUR KIDS FACE, HARLEM CHILDREN'S ZONE HAS CREATED A FREE, HOLISTIC, BIRTH-THROUGH-COLLEGE PIPELINE OF SUPPORTS AND SERVICES TO ENSURE THAT CHILDREN REACH THEIR POTENTIAL AT EACH STAGE OF THEIR DEVELOPMENT. IN ADDITION TO WORKING WITH THE CHILDREN THROUGHOUT THEIR FORMATIVE YEARS, WE WORK TO STRENGTHEN THE FAMILIES AND COMMUNITY AROUND THEM. WE WORK TO ADDRESS ALL THE BARRIERS TO OUR CHILDRENS' SUCCESS. IN ADDITION TO OUR PRIMARY FOCUS ON ACADEMICS, WE CONSIDER THE WHOLE CHILD, OFFERING EXPOSURE TO THE ARTS AND CULTURE, COMMUNITY SERVICE, REGULAR PHYSICAL EXERCISE, AND NUTRITION WORKSHOPS TO HELP DEVELOP LIFE-LONG HEALTHY HABITS. WE ALSO HELP DEVELOP THEIR NON-COGNITIVE SKILLS, SUCH AS PERSISTENCE AND RESILIENCE, AND ADDRESS ANY SOCIAL AND EMOTIONAL NEEDS. TO HELP ENSURE OUR HIGH-SCHOOL STUDENTS REMAIN ENGAGED IN OUR PROGRAMS, WE OFFER THEM THE OPPORTUNITY TO EARN STIPENDS. THE STIPENDS RELIEVE SOME OF THE FINANCIAL STRESS ON CHILDREN AND THEIR FAMILIES, SO CHILDREN DO NOT NEED TO CHOOSE BETWEEN ENRICHING ACTIVITIES AND TAKING ON A PART-TIME JOB. THE STIPENDS ARE DESIGNED TO BE A PRE-EMPLOYMENT MODEL SO THAT STUDENTS BEGIN TO LEARN THE WORKPLACE STANDARD OF GETTING REWARDS FOR HARD WORK. THE STIPEND AMOUNTS ARE BASED ON PARTICIPATION AND DISTRIBUTED TWICE A MONTH. THE SECOND PROGRAM ON SCHEDULE I IS A HARDSHIP ASSISTANCE/INCENTIVE PROGRAM THAT OFFERS DIFFERENT TYPES OF AID DEPENDING ON THE NEEDS OF THE INDIVIDUAL. THE CHILDREN AND FAMILIES WE SERVE ARE AMONG THE MOST DISENFRANCHISED AND HAVE FEW RESOURCES OF THEIR OWN. FOR THAT REASON, HCZ SETS ASIDE FUNDS FOR SPECIAL CLIENT SERVICES TO DEAL WITH FAMILIES' SHORT-TERM CRISES, AND FOR INCENTIVES TO ENCOURAGE PARTICIPANTS TO STAY FOCUSED ON THEIR ACADEMIC SUCCESS AND WELL-BEING. IN ADDITION, THE PROGRAM IS DESIGNED TO REWARD AND HELP GRADUATING HIGH-SCHOOL SENIORS. ASIDE FROM PROVIDING VARIOUS DIRECT SUPPORTS (EXAMPLES INCLUDE LAPTOPS OR SCHOLARSHIPS TOWARDS SUPPLIES NECESSARY TO SUCCESSFULLY BEGIN A COLLEGE CAREER), HCZ ALSO OFFERS SCHOLARSHIPS THROUGH DONATED FUNDS TO REDUCE POTENTIAL DEBT FOR OUR COLLEGE STUDENTS. THESE FUNDS ARE CRITICALLY IMPORTANT FOR OUR STUDENTS, MANY OF WHOM HAVE FEW - IF ANY - FUNDS OF THEIR OWN TO PAY FOR THEIR COLLEGE EXPENSES. HARLEM CHILDREN'S ZONE CONTINUES TO ACTIVELY MONITOR THE LOCAL AND GLOBAL HEALTH SITUATION AROUND COVID-19. TO ASSIST THOSE INDIVIDUALS MOST IMPACTED BY THE PANDEMIC, ECONOMICALLY AND SOCIALLY, HARLEM CHILDREN'S ZONE OFFERED EMERGENCY ASSISTANCE FOR ESSENTIAL NEEDS LIKE FOOD, INCOME SUPPORT, HOUSING, AND EMERGENCY SERVICES AS WELL AS RESOURCES TO HELP SUPPORT FAMILIES DURING THESE CHALLENGING TIMES. X X X 0 1 0 0 0 0 0 1 0 KWAME OWUSU-KESSE CEO & EX OFFICIO BOARD MEMBER 453907 0 190548 0 0 0 85719 0 35535 0 765709 0 80548 0 JAMES D HUTTER CHIEF FINANCIAL OFF. (THRU 02/21) 147569 0 481346 0 0 0 10626 0 28838 0 668379 0 311736 0 GEOFFREY CANADA PRESIDENT 348045 0 155000 0 0 0 0 0 36645 0 539690 0 0 0 JENNIFER KLEIN CHIEF DEVELOPMENT OFFICER 291473 0 27500 0 0 0 55719 0 35240 0 409932 0 0 0 JUSTIN MAKER SR MANAGING DIRECTOR, HR 231535 0 62617 0 0 0 61028 0 35239 0 390419 0 27617 0 JAZMINE LEWIS CHIEF OF STAFF 199841 0 94535 0 0 0 46021 0 35240 0 375637 0 57535 0 NANA A ANNAN CHIEF OPERATING OFFICER 245329 0 35000 0 0 0 2747 0 35240 0 318316 0 0 0 TRACEY JENKINS DIRECTOR, STRATEGIC SOURCING 180473 0 69535 0 0 0 38095 0 23022 0 311125 0 57535 0 TERESA COUNCIL MD, PARENT\COMMUN.\HEALTH(THRU 2/21) 85093 0 204253 0 0 0 0 0 10390 0 299736 0 178003 0 CONNOR FOURNIER CHIEF FINANCIAL OFFICER 287507 0 0 0 0 0 0 0 8586 0 296093 0 0 0 WENSER J PIERRE III SR MANAGING DIRECTOR OF PROGRAMS 256975 0 0 0 0 0 2409 0 14111 0 273495 0 0 0 PART I, LINE 4B FORM 990, SCHEDULE J, LINE 4(B) HARLEM CHILDREN'S ZONE HAS A SECTION 457(F) PLAN FOR CERTAIN ELIGIBLE EMPLOYEES. THIS GROWTH FUND PLAN ("THE PLAN") IS A TAX-DEFERRED EMPLOYEE SAVINGS PLAN THAT AIMS TO SERVE AS A RETENTION TOOL FOR DIRECTORS, OFFICERS, PRINCIPALS AND SENIOR STAFF. HARLEM CHILDREN'S ZONE MAKES AN ANNUAL DEPOSIT INTO THE PLAN THAT IS VALUED AT 150% OF THE INDIVIDUAL EMPLOYEE'S BONUS FOR THE CURRENT YEAR. THE EMPLOYEE'S ACCOUNT ACCUMULATES ASSOCIATED EARNINGS OR LOSSES ON THE INVESTMENT OF THE CONTRIBUTED AMOUNT IN THE NO MARGIN SENIOR GROWTH FUND, WHICH IS MANAGED BY DUQUESNE FAMILY OFFICE, AT NO COST TO HARLEM CHILDREN'S ZONE OR THE EMPLOYEE. THE AMOUNTS CONTRIBUTED BY HARLEM CHILDREN'S ZONE, ALONG WITH THE ASSOCIATED EARNINGS OR LOSSES, VEST AFTER FIVE YEARS FROM THE DATE OF THE INITIAL CONTRIBUTION AND WILL BE PAID TO ELIGIBLE EMPLOYEES WHEN VESTED. TERMINATED EMPLOYEES BECOME VESTED IMMEDIATELY AT THE DATE OF THEIR TERMINATION. EMPLOYEES WHO MEET THE AGE AND SERVICE PROVISIONS OF THE PLAN (AGE VESTING) ARE VESTED IMMEDIATELY UPON MEETING THOSE PROVISIONS. HOWEVER, IF A PARTICIPATING EMPLOYEE LEAVES VOLUNTARILY, INCLUDING RETIREMENT IF THEY HAVE NOT REACHED THE AGE VESTING PROVISIONS, THEN THEIR CUMULATIVE UNVESTED CONTRIBUTION MADE BY HCZ AND ASSOCIATED EARNINGS OR LOSSES ARE FORFEITED. FOR CALENDAR YEAR 2021, EMPLOYEES RECEIVED A PAYOUT OF DEFERRED COMPENSATION FROM THE PLAN AND THOSE AMOUNTS HAVE BEEN RECORDED IN SCHEDULE J, PART II, COLUMN (B)(II) AND, BECAUSE THAT PAYOUT REPRESENTS COMPENSATION THAT WAS REPORTED ON PREVIOUS FORMS 990 AS DEFERRED COMPENSATION IN SCHEDULE J, PART II, COLUMN (C), IT IS RECORDED IN SCHEDULE J, PART II, COLUMN (F). GEOFFREY CANADA, AN OFFICER OF HCZ, MET THE AGE AND SERVICE PROVISIONS OF THE 457 (F) PLAN (AGE VESTING) FOR CALENDAR YEAR 2021 THAT RESULTED IN IMMEDIATE VESTING OF HCZ'S GROWTH FUND CONTRIBUTION. THIS AMOUNT IS INCLUDED IN FORM 990, SCHEDULE J, COLUMN B (II). FORMER CHIEF FINANCIAL OFFICER, JIM HUTTER RETIRED IN CALENDAR YEAR 2021 AND RECEIVED A PAYOUT FROM HIS GROWTH FUND IN THE AMOUNT OF $311,736; THIS REPRESENTS AMOUNTS THAT WERE REPORTED AS DEFERRED COMPENSATION ON PRIOR YEAR FORMS 990. PART I, LINE 7 HARLEM CHILDREN'S ZONE PROVIDES ANNUAL PERFORMANCE BONUSES TO ITS EMPLOYEES. THE BONUSES ARE DETERMINED AND APPROVED BY THE CEO, KWAME OWUSU-KESSE. BONUSES ARE APPROVED IN JUNE AND PAID OUT IN JULY (WHICH IS THE FOLLOWING FISCAL YEAR); HOWEVER, FOR 990 REPORTING PURPOSES, THE BONUS IS BOTH APPROVED AND PAID IN THE SAME CALENDAR YEAR (BUT DIFFERENT FISCAL YEARS); ACCORDINGLY, THE BONUSES ARE REPORTED AS CURRENT COMPENSATION IN COLUMN (B)(II). ZACHARY SCHREIBER BOARD OF TRUSTEE 30283545 SEE PART V 0 ZACHARY SCHREIBER BOARD OF TRUSTEE 972632 SEE PART V 0 STANLEY DRUNKENMILLER CHAIRMAN OF BOARD 100879762 SEE PART V 0 ERIC MANDELBLATT BOARD OF TRUSTEE 47889871 SEE PART V 0 ERIC MANDELBLATT BOARD OF TRUSTEE 975213 SEE PART V 0 SCHEDULE L, PART IV ZACHARY SCHREIBER, BOARD OF TRUSTEES MEMBER, MANAGES A LIMITED PARTNERSHIP INVESTMENT FUND IN WHICH HARLEM CHILDREN'S ZONE INVESTS. THE VALUE OF THE ORGANIZATION'S INVESTMENT IN THIS LIMITED PARTNERSHIP INVESTMENT AS OF JULY 30, 2022 IS APPROXIMATELY $30.3 MILLION. NEITHER MR. SCHREIBER NOR THE FUND CHARGE HARLEM CHILDREN'S ZONE ANY MANAGEMENT, ADVISORY OR SUPERVISORY FEES FOR MANAGING THE ORGANIZATION'S PORTFOLIO. NEVERTHELESS, THE VALUE OF THESE CONTRIBUTED SERVICES IS $972,632.STANLEY DRUCKENMILLER, CHAIRMAN OF THE BOARD, RUNS AN ALTERNATIVE INVESTMENT FUND IN WHICH HARLEM CHILDREN'S ZONE INVESTS. THE VALUE OF THE ORGANIZATION'S INVESTMENT IN THIS FUND AS OF JUNE 30, 2022 IS $100.8 MILLION. NEITHER MR. DRUCKENMILLER NOR THE FUND CHARGE HARLEM CHILDREN'S ZONE ANY MANAGEMENT, ADVISORY OR SUPERVISORY FEES FOR MANAGING THE ORGANIZATION'S PORTFOLIO.ERIC MANDELBLATT, BOARD OF TRUSTEES MEMBER, RUNS AN ALTERNATIVE INVESTMENT FUND IN WHICH HARLEM CHILDREN'S ZONE INVESTS. THE VALUE OF THE ORGANIZATION'S INVESTMENT IN THIS FUND AS OF JUNE 30, 2022 IS $47.8 MILLION. HARLEM CHILDREN'S ZONE PAID MANAGEMENT AND PERFORMANCE FEES TOTALING $975,213. X 25000 FMV X 7 1349796 FMV X COMPUTER EQUIPMENT AND SOFTWARE 1 5000 FMV 0 1 1 PART I, LINE 32B: TO THE EXENT THAT HARLEM CHILDREN'S ZONE RECEIVES DONATIONS OF SECURITIES, HCZ'S THIRD-PARTY BROKER DISPOSES OF THOSE SECURITIES; ALL PROCEEDS THEREFROM ARE USED TO SUPPORT THE ORGANIZATION'S CHARITABLE MISSION. FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION (CONTINUED) HCZ OFFERS A COMPREHENSIVE, CRADLE-TO-CAREER PATHWAY OF PROGRAMS AND SERVICES THAT EMPOWER YOUTH AND FAMILIES AT EVERY STAGE OF LIFE. FROM OUR EDUCATION AND YOUTH PROGRAMS TO HEATH AND COMMUNITY SERVICES AND NATIONAL LEADERSHIP INITIATIVES, WE OPEN PATHWAYS TO PROSPERITY FOR TENS OF THOUSANDS OF PEOPLE IN HARLEM AND BEYOND. FORM 990, PART IV, LINE 4 LOBBYING DISCLOSURE HARLEM CHILDREN'S ZONE DOES NOT UNDERTAKE ANY LOBBYING ACTIVITIES. HCZ PRESIDENT GEOFFREY CANADA IS A VERY PROMINENT INDIVIDUAL IN THE COMMUNITY AND HE MAY UNDERTAKE ADVOCACY EFFORTS THAT HAVE ANCILLARY BENEFITS TO HARLEM CHILDREN'S ZONE. MR. CANADA'S ADVOCACY EFFORTS, TO THE EXTENT THERE ARE ANY, ARE UNDERTAKEN AT HIS OWN BEHEST AND ARE FUNDED FROM HIS OWN PERSONAL FINANCES; HARLEM CHILDREN'S ZONE DOES NOT SUBSIDIZE THOSE EFFORTS. FORM 990, PART VI, SECTION A, LINE 4 HARLEM CHILDREN'S ZONE AMENDED ITS BYLAWS SINCE IT LAST FILED A FORM 990; THE BYLAWS WERE AMENDED TO CLARIFY THE MANNER IN WHICH NEW DIRECTORS AND VACANCIES ON THE BOARD ARE FILLED. IN ADDITION, THE ORGANIZATION CREATED TWO CLASSES OF BOARD MEMBERS THAT WILL EACH SERVE TWO YEAR TERMS ELECTED EVERY OTHER YEAR. FORM 990, PART VI, SECTION B, LINE 11B POLICIES PROCESS USED TO REVIEW FORM 990 THE FORM 990 WAS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE AUDIT COMMITTEE FOR DISCUSSION AND COMMENT. EACH AUDIT COMMITTEE MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. THE AUDIT COMMITTEE WILL SUMMARIZE ITS FINDING ON THE FORM 990 TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT AND MONITORING OF CONFLICT OF INTEREST POLICY ALL EMPLOYEES ARE EXPECTED TO USE HONESTY, GOOD JUDGEMENT AND HIGH ETHICAL STANDARDS IN ALL PROFESSIONAL DEALINGS. ALL EMPLOYEES MUST AVOID ANY ACTIONS THAT COULD CREATE A CONFLICT OF INTEREST OR THE APPEARANCE OF SUCH A CONFLICT OR REFLECT UNFAVORABLY ON THEM OR ON HARLEM CHILDREN'S ZONE. AN EMPLOYEE MUST DISCLOSE IF SHE/HE OR AN IMMEDIATE FAMILY MEMBER HAS ANY POTENTIAL CONFLICT OF INTEREST SUCH AS A RELATIONSHIP TO A THIRD PARTY VENDOR WHO SEEKS OR HAS A BUSINESS RELATIONSHIP WITH HARLEM CHILDREN'S ZONE. AN EMPLOYEE'S VIOLATION OF THIS POLICY, ESPECIALLY A FAILURE TO REPRESENT ACCURATELY HIS OR HER CONNECTION OR ACTION ON BEHALF OF HARLEM CHILDREN'S ZONE AND A THIRD PARTY WILL CONSTITUTE GROUNDS FOR DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE ORGANIZATION UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND ALL OF ITS OFFICERS AND KEY EMPLOYEES IS REASONABLE GIVEN THE MARKET IN WHICH THE ORGANIZATION OPERATES. HARLEM CHILDREN ZONE RECENTLY COMMISSIONED A COMPENSATION SURVEY IN MARCH OF 2021 TO ENSURE THAT THE WAGES IT PAYS ITS EXECUTIVES IS COMMENSURATE WITH THE MARKET IN WHICH IT OPERATES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION POSTS ITS AUDITED FINANCIAL STATEMENTS AND FORM 990 ON ITS WEBSITE, BUT ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AND PROVIDED AT MANAGEMENT'S DISCRETION. RHEEDLEN 125TH STREET LLC 35 EAST 125TH STREET NEW YORK NY 10035 HOLD PROPERTY NY 0 0 HCZ HCZ PROMISE LLC 35 EAST 125TH STREET NEW YORK NY 10035 272392634 HOLD PROPERTY NY 0 0 HCZ 168 TITICUS RD LLC 168 TITICUS ROAD NORTH SALEM NY 10560 HOLD PROPERTY NY 0 0 HCZ HCZ PROMISE ACADEMY CHARTER SCHOOL 245 W 129TH STREET NEW YORK NY 10027 760756768 EDUCATION NY 501(C)(3) LINE 2 HCZ 1 HCZ PROMISE ACADEMY CHARTER SCHOOL II 35 EAST 125TH STREET NEW YORK NY 10035 342049530 EDUCATION NY 501(C)(3) LINE 2 HCZ 1 1 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 1 0 HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL II J 2106144 FMV HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL II A 2106144 FMV HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL B 2544198 FMV HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL II B 1482957 FMV HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL L 518346 FMV HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL II L 2275821 FMV HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL Q 518346 FMV HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL II Q 2275821 FMV SCHEDULE R, RELATED PARTY TRANSACTIONS: PURSUANT TO THE TERMS OF COMMITMENT LETTERS BETWEEN HCZ AND THE PROMISE ACADEMY CHARTER SCHOOLS, ("PACS"), HCZ, AS THE PACS'S INSTITUTIONAL PARTNER, COMMITTED TO PROVIDE THE PACS CERTAIN SERVICES AT NO COST. PACS ARE TWO HIGH-QUALITY CHARTER SCHOOLS AFFILIATED WITH THE ORGANIZATION. THESE SERVICES INCLUDE FINANCIAL MANAGEMENT, SOCIAL, TECHNOLOGY, FUNDRAISING, PUBLIC RELATIONS, AND TEACHING ASSISTANCE SERVICES. BOTH CHARTER SCHOOLS HAVE RENEWED THEIR COMMITMENT LETTERS WITH HARLEM CHILDREN'S ZONE FOR A FOUR-YEAR PERIOD THAT RUNS THROUGH JUNE 30, 2024. HCZ'S CONTRIBUTED SPACE AND SERVICES PROVIDED TO THE PACS FOR THE YEAR ENDED JUNE 30, 2022 AMOUNTED TO $2,794,167. HARLEM CHILDREN'S ZONE INCLUDES WITHIN ITS SECTION 457(F) AND TEACHERS SUPPLEMENTAL BONUS PLAN, CERTAIN EMPLOYEES OF BOTH CHARTER SCHOOLS AND, FOR THE YEAR ENDED JUNE 30, 2022, PROVIDED THE CHARTER SCHOOLS A SUBSIDY OF $1,885,217 TO COVER THIS COST.