2023-11-03T18:57:30-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-01-01 843130788 LEVEL FIELD FACILITIES FUND INC LEVE 2022361558 PO BOX 76920 WASHINGTON DC 20013 JAMES HENDERSON VICE PRESIDENT 2022361558 2023-11-03 1 JAMES HENDERSON 999009999 1 EVA MRUK P00543254 9143818900 2023-11-03 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z REENA ABRAHAM PO BOX 76920 WASHINGTON DC 20013 286900 0 X WWW.LEVELFIELDFACILITIESFUND.ORG X 2019 DE TO IMPROVE THE QUALITY OF EDUCATION IN THE UNITED STATES BY ENABLING SUPERIOR FACILITIES AND FINANCING OUTCOMES FOR HIGH QUALITY PUBLIC CHARTER SCHOOL OPERATORS. 3 3 0 4 0 0 455492 50000 0 82000 21 154900 0 0 455513 286900 0 0 0 0 0 0 0 0 0 346481 435010 346481 435010 109032 -148110 1075855 7944350 966823 7983428 109032 -39078 TO ENABLE SUPERIOR FACILITIES AND FINANCING OUTCOMES FOR HIGH QUALITY PUBLIC CHARTER SCHOOL OPERATORS BY DEPLOYING A POOL OF CONCESSIONARY CAPITAL SOURCED FROM PHILANTHROPIC FOUNDATIONS AND SOCIAL IMPACT INVESTORS. 0 0 199282 0 236900 IN 2022 THE ORGANIZATION BEGAN LENDING OPERATIONS FOR ITS NATIONAL PILOT FUND, WHICH MAKES HIGH IMPACT, MISSION ORIENTED REAL ESTATE LOANS TO PUBLIC CHARTER SCHOOLS. 199282 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X JAMES HENDERSON LEVEL FIELD PARTNERS 7705473763 PO BOX 76920 WASHINGTON DC 20013 X DANE ANDERSON INTERIM CHAIR/TREASURER 1.00 X X 0 0 0 GABRIELLE WYATT SECRETARY THROUGH MAY 2022 1.00 X X 0 0 0 REENA ABRAHAM DIRECTOR 1.00 X 0 0 0 JASMINE FRYER DIRECTOR EFF. 4/6/22 1.00 X 0 0 0 DAVID ENDOM CO-PRESIDENT 1.00 X 0 0 0 JAMES HENDERSON VICE PRESIDENT 1.00 X 0 0 0 ALEXANDER SHAWE CO-PRESIDENT 1.00 X 0 0 0 0 0 0 0 0 0 0 LEVEL FIELD PARTNERS LLC PO BOX 76920 WASHINGTON DC 20013 MANAGEMENT SERVICES 143405 MORGAN LEWIS & BOCKIUS LLP 676 EAST 18TH STREET BROOKLYN NY 20004 LEGAL FEES 104609 2 50000 50000 ORIGINATION FEE INCOME 900099 82000 82000 82000 154900 154900 286900 236900 0 0 X 150000 150000 66789 66789 20000 20000 130500 130500 51 51 49282 49282 ORIGINATION FEE EXPENSE 18245 18245 MISCELLANEOUS 143 143 435010 199282 235728 0 1075855 464506 0 39132 0 7440712 1075855 7944350 123492 128010 843331 7855418 966823 7983428 X 109032 -39078 109032 -39078 1075855 7944350 -148110 0 X X 0 1 X 0 0 X 0 0 455492 50000 505492 455492 50000 505492 289890 215602 0 0 21 0 21 505513 236900 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION IS REPORTING A SHORT YEAR IN COLUMN (B) 2019 FOR ITS INITIAL YEAR STARTING SEPTEMBER 6, 2019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOANS TO CHARTER SCHOOL BORROWERS 7440712 C 7440712 X 286900 0 286900 0 286900 435010 0 435010 0 435010 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 HAS NO UNCERTAIN POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE TAX PERIODS SINCE INCEPTION REMAINS OPEN TO EXAMINATION. LEVEL FIELD CHARTER PARTNERS LLC 35% CONTROLLED ENTITY OF DAVID ENDOM AND ALEXANDER SHAWE 150000 PERFORMANCE OF MANAGEMENT SERVICES FOR THE ORGANIZATION 0 SCHEDULE L, PART IV: LEVEL FIELD CHARTER PARTNERS, LLC, PROVIDES PROGRAM-RELATED MANAGEMENT SERVICES TO THE ORGANIZATION IN FURTHERANCE OF THE ORGANIZATION'S EXEMPT PURPOSES. ANNUALLY, THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS THE PERFORMANCE OF LEVEL FIELD PARTNERS, LLC AND THE APPROPRIATENESS OF THE FEES PAID, TO ENSURE THE TRANSACTION IS AT ARM'S LENGTH. THE OFFICERS OF THE ORGANIZATION WITH OWNERSHIP INTEREST IN FIELD LEVEL PARTNERS LLC DO NOT HAVE VOTING RIGHTS ON THE ORGANIZATION'S BOARD OF DIRECTORS, AND SERVE ON A VOLUNTEER BASIS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED LEVEL FIELD PARTNERS, LLC TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES IN 2022. THE TOTAL AMOUNT PAID IN 2022 WAS $143,405. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. IT IS REVIEWED BY THE BOARD OF DIRECTORS AND OFFICERS, AND ANY OPEN ISSUES OR QUESTIONS ARE ADDRESSED AND RESOLVED. ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY RECEIVE A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE POLICY APPLIES TO OFFICERS, KEY PERSONS, AND MEMBERS OF THE BOARD OF DIRECTORS. THE POLICY REQUIRES THAT SUCH PERSONS ANNUAL COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT, DISCLOSING THE MATERIAL FACTS ABOUT ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE DISINTERESTED MEMEBERS OF THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR DETERMINING IF A CONFLICT EXISTS AND IF SO, THE APPROPRIATE RESPONSE TO PROTECT THE INTERESTS OF THE ORGANIZATION. PERSONS WITH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST MAY NOT PARTICIPATE OR BE PRESENT DURING THE DELIBERATIONS AND DECISION MAKING WITH RESPECT TO THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED BY SECTION 6104 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION ALSO MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G FUND ADMINISTRATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 37,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,500. CREDIT SUPPORT & OVERSIGHT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 68,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,000. IMPACT FINANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,000. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S ENTIRE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LFF FUND LLC 2 MASSACHUSETTS AVENUE NORTHEAST SU WASHINGTON DC 20002 873444074 STRATEGIC DEBT FINANCING FOR CHARTER SCHOOLS DE 236887 7679523 LEVEL FIELD FACILITIES FUND INC