2023-05-15T08:18:30-05:00 2022-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2021-07-01 731684599 FRIENDS OF GIRLS PREPARATORY CHARTER SCHOOL OF NEW YORK INC FRIE 2123466000 442 E HOUSTON ST 5TH FLOOR NEW YORK NY 10002 JENNY ZAMBRANO CFO 2123466000 2023-05-11 1 JENNY ZAMBRANO 999009999 JACQUELINE B LEE CPA P00842765 5854231860 2023-05-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JENNY ZAMBRANO 442 E HOUSTON ST 5TH FLOOR NEW YORK NY 10002 6745698 0 X WWW.PUBLICPREP.ORG X 2004 NY FRIENDS OF GIRLS PREP WAS ORGANIZED TO CREATE GIRLS PREP CHARTER SCHOOL OF NY (NOW KNOWN AS PUBLIC PREP CHARTER SCHOOL ACADEMIES), SUPPORT THE SCHOOL AND ITS STUDENTS, AND MAKE CONTRIBUTIONS TO THE SCHOOL, WITH THE GOAL OF PROMOTING EDUCATIONAL ACHIEVEMENT. 3 3 0 3 0 0 0 0 0 0 0 0 -843563 2111564 -843563 2111564 0 0 0 0 0 0 0 0 0 9809 99270 9809 99270 -853372 2012294 13582007 15495929 16910769 16812397 -3328762 -1316468 FRIENDS OF GIRLS PREP WAS ORGANIZED TO CREATE GIRLS PREP CHARTER SCHOOL OF NY (NOW KNOWN AS PUBLIC PREP CHARTER SCHOOL ACADEMIES), SUPPORT THE SCHOOL AND ITS STUDENTS, AND MAKE CONTRIBUTIONS TO THE SCHOOL, WITH THE GOAL OF PROMOTING EDUCATIONAL ACHIEVEMENT. 0 0 24019 2110460 FRIENDS OF GIRLS PREPARATORY CHARTER SCHOOL OF NY'S PURPOSE IS TO SUPPORT PUBLIC PREP CHARTER SCHOOL ACADEMIES, ITS AFFILIATE. PUBLIC PREP CHARTER SCHOOL ACADEMIES (PPA) IS A PUBLIC CHARTER SCHOOL EDUCATION CORP. FRIENDS OF GIRLS PREPARATORY CHARTER SCHOOL ASSISTS PPA IN OBTAINING ADEQUATE FACILITIES IN WHICH TO OPERATE ITS SCHOOLS. 24019 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X JENNY ZAMBRANO CFO 2123466000 442 E HOUSTON ST 5TH FLOOR NEW YORK NY 10002 LAURA WEIL SECRETARY 1.00 0.00 X 0 0 0 ERIC GRANNIS DIRECTOR THRU 12/8/22 1.00 1.00 X 0 0 0 BRYAN LAWRENCE DIRECTOR THRU 7/1/22 1.00 1.00 X 0 0 0 PHIL BRANDES DIRECTOR 1.00 1.00 X 0 0 0 MARK DIKER CHAIR 1.00 1.00 X 0 0 0 JANELLE BRADSHAW CEO, PPN 1.00 41.00 X 0 372994 29241 0 372994 29241 0 0 1 0 192 EAST 151ST ASSOCIATES LP C/O NEUMONT MGMT CORP 2050 CENTER FORT LEE NJ 07024 RENT 3027606 1 6744594 4634134 2110460 2110460 2110460 MISCELLANEOUS REVENUE 900099 1104 1104 1104 2111564 2110460 0 1104 X 29246 29246 3000 2700 300 67024 21319 45705 99270 24019 75251 0 3846014 4086292 18538 3965 950280 255176 225780 10782146 1543026 9476852 9239120 0 975919 13582007 15495929 2621 135761 6506670 6386484 10401478 10290152 16910769 16812397 X -3328762 -1316468 -3328762 -1316468 13582007 15495929 2012294 0 X X 0 1 X 1 0 X X 1 PUBLIC PREP CHARTER SCHOOL ACADEMIES 810650329 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 10616575 1526487 9090088 149896 16539 133357 15675 15675 9239120 DEFERRED LEASE RECEIVABLE 944229 SECURITY DEPOSITS 31690 975919 DUE TO RELATED PARTY 7662337 DEFERRED LEASE LIABILITY 2627815 10290152 X 7099914 4988350 4988350 2111564 0 2111564 5087620 4988350 4988350 99270 0 99270 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. PUBLIC PREP ACADEMIES AND FRIENDS FILE FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. IN ADDITION, FRIENDS FILES IN NEW YORK. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2019 THROUGH JUNE 30, 2022 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND NY. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES RECORDED ON PART VIII 4,634,134. PROPERTY TAX REFUND OFFSET OF RENTAL EXPENSE 354,216. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES RECORDED ON PART VIII 4,634,134. PROPERTY TAX REFUND OFFSET OFFSET OF RENTAL EXPENSE 354,216. 0 0 0 0 0 0 0 0 0 JANELLE BRADSHAW CEO, PPN 0 297994 0 75000 0 0 0 10795 0 18446 0 402235 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CERTAIN MANAGEMENT RESPONSIBILTIES TO PUBLIC PREPARATORY NETWORK, INC., A 501(C)(3) TAX-EXEMPT ORGANIZATION. PPN IS AN UNRELATED ORGANIZATION AS THERE IS NOT A MAJORITY OF COMMON BOARD MEMBERS OR OFFICERS. THE ORGANIZATION DOES NOT PAY JANELLE BRADSHAW FOR HER SERVICES AS AN OFFICER OF THE ORGANIZATION. THE AMOUNTS LISTED ON PART VII, SECTION A REPRESENT AMOUNTS PAID BY PUBLIC PREPARATORY NETWORK, INC. TO JANELLE BRADSHAW FOR SERVICES PERFORMED AS AN EMPLOYEE OF PUBLIC PREPARATORY NETWORK, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO IN DETAIL. IT IS THEN REVIEWED BY THE BOARD OF DIRECTORS, APPROVED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE BOUND BY FIDUCIARY DUTY TO DISCLOSE ANY CONFLICTS. ANNUALLY A RESOLUTION IS ADOPTED REAFFIRMING A COMMITMENT TO THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE LOCATED AT THE ORGANIZATION AND ARE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL/CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 21,319. MANAGEMENT AND GENERAL EXPENSES 45,705. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,024. FORM 990, PART XII, LINE 2C EXPLANATION THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PUBLIC PREP CHARTER SCHOOL ACADEMIES 192 EAST 151ST STREET BRONX NY 10451 810650329 CHARTER SCHOOL NY 501(C)(3) LINE 2 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 PUBLIC PREPARATORY CHARTER SCHOOL ACADEMIES J 6699651 FMV PUBLIC PREPARATORY CHARTER SCHOOL ACADEMIES E 7670587 FMV