2025-05-15T23:42:06-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 202629354 DEMOCRACY PREP PUBLIC SCHOOLS DEMO 6468299659 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 NATASHA TRIVERS CEO 6468299659 2025-05-15 1 1 SACHA RICHARDS P01378509 2017129800 2023 2025-03-06 01:10:19Z NATASHA TRIVERS 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 25958756 0 X WWW.DEMOCRACYPREP.ORG X 2005 NY THE ORGANIZATION MANAGES AND OPERATES HIGH-PERFORMING CHARTER SCHOOLS. 7 7 197 8 0 0 1992809 4776390 24770683 21142706 5 -15654 0 0 26763497 25903442 224601 159616 0 0 13136547 10386430 0 0 0 9113522 6870947 22474670 17416993 4288827 8486449 51801110 58853134 42266529 40832104 9534581 18021030 TO EDUCATE RESPONSIBLE CITIZEN SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 0 0 15473872 159616 21142706 THE ORGANIZATION OPERATES AS A CHARTER MANAGEMENT ORGANIZATION PROVIDING EDUCATIONAL SERVICES, MANAGEMENT OPERATIONS AND FUNDRAISING ACTIVITIES FOR THE FOLLOWING CHARTER SCHOOLS: DEMOCRACY PREP NEW YORK CHARTER SCHOOLS, DEMOCRACY PREP BATON ROUGE, DEMOCRACY PREP AGASSI CAMPUS, AND DEMOCRACY PREP TEXAS. DEMOCRACY PREP CHARTER SCHOOLS EDUCATE RESPONSIBLE CITIZEN-SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND FOR LIVES OF ACTIVE CITIZENSHIP.IN CLOSE PARTNERSHIP WITH FAMILIES, WE EMPOWER YOUNG PEOPLE WITH THE SKILLS AND VALUES TO FLOURISH AS COMMUNITY LEADERS WHO WILL STRENGTHEN OUR AMERICAN DEMOCRACY AND CHANGE THE WORLD! 15473872 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 78 0 197 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X VALERIE MARTINEZ 3322154366 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 RYAN OFFUTT CHAIR 5.00 X X 0 0 0 CHRIS KRAUS VICE-CHAIR 5.00 X X 0 0 0 JERI POWELL SECRETARY 5.00 X X 0 0 0 ERHARD MARIUS TREASURER THRU 03/24 5.00 X X 0 0 0 WILLIAM COLLINS DIRECTOR 5.00 X 0 0 0 ANN DUIGNAN DIRECTOR 5.00 X 0 0 0 CARLOS LEJNIEKS DIRECTOR THRU 12/23 5.00 X 0 0 0 KAYMA LIBURD DIRECTOR 5.00 X 0 0 0 DAMIAN TRAVIER DIRECTOR 5.00 X 0 0 0 NATASHA TRIVERS CEO 65.00 X 352862 0 45249 VALERIE M MARTINEZ-WAGNER CFO 65.00 X 280258 0 14013 STEPHEN POPPER CHIEF ACADEMIC OFFICER 65.00 X 216969 0 47200 DUNCAN SCHERER CHIEF SCHOOLS OFFICER 65.00 X 219945 0 22383 MICHELLE GIEG CHIEF OF STAFF 65.00 X 217388 0 31566 JACQUELINE YOUNKER CHIEF PEOPLE OFFICER 65.00 X 195606 0 35796 GEORGINA CRAWLEY GENERAL COUNSEL 65.00 X 223904 0 18546 HAROLD ANDRIEUX VP OF HUMAN RESOURCES 65.00 X 162060 0 27351 PRINCESS V LYLES VP OF EXTERNAL AFFAIRS 65.00 X 153093 0 26424 MARGARET MARRER VP OF ACADEMICS 65.00 X 180065 0 19019 RALPH JOHNSON VP OF COLLEGE ACCESS & SUC 65.00 X 167797 0 13777 EVAN BURNS SR. DIR. OF TALENT DEVELOPMENT 65.00 X 138365 0 26844 CLAIRE CHANEY SR. DIR. OF DATA, ACCT. & GROWTH STRATEGY 65.00 X 149890 0 27446 ALEXA GONZALEZ SR. DIR. OF EMPLOYEE RELATIONS 65.00 X 136021 0 28150 JOHN LINDQUIST SR. DIR. OF POST SECONDARY PROGRAMMING 65.00 X 130034 0 50853 MICHAEL MCKEE SR. DIR. OF IT & FACILITIES 65.00 X 139058 0 43316 CHAUNCEY NASH FORMER 65.00 X 145076 0 16382 3208391 0 494315 36 1 1 0 SUMMIT FACILITY SOLUTIONS INC 101 CRAWFORDS CORNER ROAD SUITE 23 HOLMDEL NJ 07733 CUSTODIAL SERVICES 511837 CHARTER SCHOOL BUSINESS MANAGEMENT INC 425 EAST 79TH STREET SUITE 1F SUIT NEW YORK NY 10075 ACCOUNTING/ CONSULTING 324545 MANGO STRATEGIES LLC 10042 BRAIRWILD LANE HOUSTON TX 77080 SCHOLAR RECRUITMENT 190607 3 4776390 4776390 MANAGEMENT/CONSULTING FEES 541610 13169227 13169227 RENTAL TO CHARTER SCHOOLS 531120 7973479 7973479 21142706 39660 39660 55314 -55314 -55314 -55314 25903442 21142706 0 -15654 159616 159616 2632171 2368954 263217 6580580 5922522 658058 671390 604251 67139 502289 452060 50229 157192 157192 192390 192390 790507 711456 79051 583976 583976 230534 202370 28164 123635 123635 2383518 2085856 297662 437710 393939 43771 1192 872 320 213487 206012 7475 731334 658200 73134 168175 151358 16817 REPAIRS & MAINTENANCE 376948 376948 PROFESSIONAL DEVELOP. 212273 212273 MISCELLANEOUS 183053 183053 FOOD 85023 76521 8502 17416993 15473872 1943121 0 7045611 5741957 453737 5493398 2190500 211567 255677 9281238 3229988 6782584 6051250 37307611 39120352 51801110 58853134 1519261 1189591 3231080 2126222 570755 570755 4071445 3559574 32873988 33385962 42266529 40832104 X 9534581 18021030 9534581 18021030 51801110 58853134 8486449 0 X X 0 1 X 1 1 1 X 2287489 4833210 3444006 1992809 4776390 17333904 2287489 4833210 3444006 1992809 4776390 17333904 2074344 15259560 25 4 5 5 39660 39699 178274 87973 266247 17639850 98511968 0.86510 0.81420 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 178,274. 2020 AMOUNT: $ 87,973. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 8677776 2672253 6005523 384601 348999 35602 218861 208736 10125 6051250 SECURITY DEPOSIT 308775 DUE FROM AFFILIATES 364847 DEFERRED RENT 8662678 RIGHT OF USE ASSETS 29784052 39120352 LEASE LIABILITY 32759034 DUE TO AFFILIATES 626928 33385962 X 25903442 0 25903442 0 25903442 17420481 3488 3488 17416993 0 17416993 PART IV, LINE 2B: TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. 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, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ORG. INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ORG. INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 3,488. 1 SCHOLARSHIPS 0 159616 X X 1 0 0 0 0 0 0 1 0 NATASHA TRIVERS CEO 352772 0 0 0 90 0 19488 0 25761 0 398111 0 0 0 VALERIE M MARTINEZ-WAGNER CFO 280000 0 0 0 258 0 14013 0 0 0 294271 0 0 0 STEPHEN POPPER CHIEF ACADEMIC OFFICER 216915 0 0 0 54 0 20250 0 26950 0 264169 0 0 0 MICHELLE GIEG CHIEF OF STAFF 217334 0 0 0 54 0 13165 0 18401 0 248954 0 0 0 GEORGINA CRAWLEY GENERAL COUNSEL 223792 0 0 0 112 0 0 0 18546 0 242450 0 0 0 DUNCAN SCHERER CHIEF SCHOOLS OFFICER 219885 0 0 0 60 0 22000 0 383 0 242328 0 0 0 JACQUELINE YOUNKER CHIEF PEOPLE OFFICER 195561 0 0 0 45 0 10165 0 25631 0 231402 0 0 0 MARGARET MARRER VP OF ACADEMICS 180011 0 0 0 54 0 18317 0 702 0 199084 0 0 0 HAROLD ANDRIEUX VP OF HUMAN RESOURCES 161976 0 0 0 84 0 6021 0 21330 0 189411 0 0 0 MICHAEL MCKEE SR. DIR. OF IT & FACILITIES 138974 0 0 0 84 0 6563 0 36753 0 182374 0 0 0 RALPH JOHNSON VP OF COLLEGE ACCESS & SUC 167707 0 0 0 90 0 11886 0 1891 0 181574 0 0 0 JOHN LINDQUIST SR. DIR. OF POST SECONDARY PROGRAMMI 129974 0 0 0 60 0 14100 0 36753 0 180887 0 0 0 PRINCESS V LYLES VP OF EXTERNAL AFFAIRS 153033 0 0 0 60 0 0 0 26424 0 179517 0 0 0 CLAIRE CHANEY SR. DIR. OF DATA, ACCT. & GROWTH STR 149845 0 0 0 45 0 15429 0 12017 0 177336 0 0 0 EVAN BURNS SR. DIR. OF TALENT DEVELOPMENT 138311 0 0 0 54 0 14215 0 12629 0 165209 0 0 0 ALEXA GONZALEZ SR. DIR. OF EMPLOYEE RELATIONS 135931 0 0 0 90 0 1200 0 26950 0 164171 0 0 0 CHAUNCEY NASH FORMER 120402 0 0 0 24674 0 5364 0 11018 0 161458 0 0 0 PART I, LINE 4A LINDA JONES EASTON, SENIOR ADVISOR TO CEO RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $13,865 WHICH IS INCLUDED IN PART II, COLUMN (B)(III). PART I, LINE 7 THE ORGANIZATION AWARDED DISCRETIONARY BONUSES TO PERSONS LISTED ON PART VII OF THE 990, AND IS REPORTED IN PART II, COLUMN B(II). 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 AFTER 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 DIRECTORS, OFFICERS, AND KEY EMPLOYEES REQUIRING THEM TO ANNUAL SUBMIT A STATEMENT TO THE BOARD TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. DIRECTORS 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 B, LINE 15 THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES, INCLUDING THE CEO, WAS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA, INCLUDING THE FORMS 990 OF SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS. THE PROCESS WAS LAST CONDUCTED IN 2022 AND WAS DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. 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 1767 PARK AVENUE, 5TH FLOOR, NEW YORK, NY 10035, OR BY CALLING THE ORGANIZATION DIRECTLY AT (646) 829-9659. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DEMOCRACY PREP NEVADA LLC 1201 W LAKE MEAD BLD LAS VEGAS NV 89106 320520597 CHARTER OPERATOR FOR DEMOCRACY PREP AGASSI CAMPUS NV 501( C )(3) LINE 7 DEMOCRACY PREP PUBLIC SCHOOLS 0 DEMOCRACY PREP AGASSI CAMPUS 1201 W LAKE MEAD BLD LAS VEGAS NV 89106 821301171 K-12 CHARTER SCHOOL NV 501( C )(3) LINE 2 DEMOCRACY PREP NEVADA LLC 0 DEMOCRACY PREP TEXAS 1950 RIGSBY AVENUE SAN ANTONIO TX 78210 830563894 CHARTER SCHOOLS NV 501(C)(3) LINE 2 DEMOCRACY PREP PUBLIC SCHOOLS 0 FRIENDS OF DPNY INC 3872 THIRD AVENUE BRONX NY 10457 161571685 SUPPORT TO DPNYCS NV 501(C)(3) LINE 12A 0 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 3872 THIRD AVENUE BRONX NY 10457 061581474 CHARTER SCHOOLS NV 501( C )(3) LINE 2 DEMOCRACY PREP PUBLIC SCHOOLS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0