2022-05-16T22:26:26-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2020-07-01 134186070 VILLAGE ACADEMIES NETWORK INC VILL 6468129500 35 WEST 124TH STREET NEW YORK NY 10027 CHUCK KLEIN VICE PRESIDENT OF FINANCE 6468129500 2022-05-16 1 CHUCK KLEIN XXX-XX-XXXX GARRETT M HIGGINS P00543209 9143818900 2022-05-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z HARLEM VILLAGE ACADEMIES DEBORAH A KENNY 35 WEST 124TH STREET NEW YORK NY 10027 10442113 0 X HARLEMVILLAGEACADEMIES.ORG X 2001 NY TO IMPROVE PUBLIC EDUCATION BY DEVELOPING A MODEL PUBLIC SCHOOL SYSTEM THAT CAN BE REPLICATED. 15 15 26 15 0 0 3077436 6169765 957600 1212894 183456 8096 21889 2959200 4240381 10349955 90378 235309 0 0 1960488 2022739 65000 0 583260 2802720 2189590 4918586 4447638 -678205 5902317 55640357 59386631 15352690 13196647 40287667 46189984 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 3369659 235309 1212894 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. 3369659 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 38 0 26 1 0 0 0 0 0 0 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 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 DEBORAH A KENNY CHIEF EXECUTIVE OFFICER 40.00 X 596646 0 32165 ROBERT OLLWERTHER CHIEF OPERATING OFFICER 40.00 X 294202 0 40002 CHARLES KLEIN VICE PRESIDENT OF FINANCE 40.00 X 214717 0 19066 DAVID O'HARA CHIEF OF SECONDARY EDUCATION 40.00 X 290505 0 43542 NICOLE S ENGEL CHIEF OF STAFF 40.00 X 180736 0 8085 ANDREW SAGE EDUCATIONAL PUBLICATION DIRECTOR 40.00 X 144226 0 41907 PAUL LOMEDICO EXTERNAL AFFAIRS AND ADMIN DIRECTOR 40.00 X 162554 0 16648 ERICA NEWMAN CHIEF OF EQUITY & INCLUSION 40.00 X 151663 0 11802 2035249 0 213217 10 0 1 0 LAVINIA GROUP LLC PO BOX 1319 SAG HARBOR NY 11963 EDUCATION CONSULTING 172544 RICOH USA INC 300 EAGLEVIEW BLVD EXTON PA 19341 TECHNOLOGY CONSULTING 124347 4TH SECTOR SOLUTIONS INC 10455 JEFFERSON HWY SUITE 110 BATON ROUGE LA 70809 EDUCATION FINANACE & REAL ESTATE CONSULT 103059 3 437252 5732513 98441 6169765 RENTAL INCOME- SCHOOL 531120 1212894 1212894 1212894 1775 1775 98479 92158 6321 6321 6321 FORGIVENESS OF DEBT - NMTC 900099 2959200 2959200 2959200 10349955 1212894 0 2967296 169759 169759 65550 65550 1071131 806625 128477 136029 530826 399744 63670 67412 145028 109215 17395 18418 179774 135378 21563 22833 95980 72279 11512 12189 12726 9584 1526 1616 22051 4557 16725 769 118202 105554 6143 6505 13824 10663 1535 1626 91162 72028 10945 8189 181194 136449 21734 23011 100084 75368 12006 12710 14498 10918 1739 1841 57804 57804 489079 368308 58660 62111 909576 684965 109099 115512 57534 43327 6900 7307 FUNDRAISING EXPENSES 79796 79796 STUDENT ENRICHMENT 41278 31085 4951 5242 MISCELLANEOUS 782 499 139 144 4447638 3369659 494719 583260 775614 651664 16287070 18691578 1507380 4163094 8863 140760 41074014 7171571 34738024 33902443 2323406 1837092 55640357 59386631 394563 405744 668375 642840 13852500 11710811 437252 437252 15352690 13196647 X 24347625 41101891 15940042 5088093 40287667 46189984 55640357 59386631 5902317 0 X X 0 1 X 1 0 X 4474848 5793087 4840348 3077436 6169965 24355684 4474848 5793087 4840348 3077436 6169965 24355684 9059167 15296517 15644 129341 269338 183292 1775 599390 369429 54848 21889 2959200 3405366 28360440 4906494 0.53940 0.69250 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 33325274 6485134 26840140 170459 170459 0 459717 300124 159593 215854 215854 0 33902443 PAYCHECK PROTECTION PROGRAM LOAN 437252 437252 X 10396600 46645 46645 10349955 0 10349955 4494283 46645 46645 4447638 0 4447638 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, 2018. 1 HARLEM VILLAGE ACADEMY WEST CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 223880680 501(C)(3) 169757 TO SUPPORT THE SCHOOL 1 0 SCHOLARSHIPS 11 65550 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 293923 0 274750 0 27973 0 11400 0 20765 0 628811 0 0 0 ROBERT OLLWERTHER CHIEF OPERATING OFFICER 243806 0 50000 0 396 0 10707 0 29295 0 334204 0 0 0 DAVID O'HARA CHIEF OF SECONDARY EDUCATION 290445 0 0 0 60 0 11400 0 32142 0 334047 0 0 0 CHARLES KLEIN VICE PRESIDENT OF FINANCE 214579 0 0 0 138 0 8580 0 10486 0 233783 0 0 0 NICOLE S ENGEL CHIEF OF STAFF 180700 0 0 0 36 0 7240 0 845 0 188821 0 0 0 ANDREW SAGE EDUCATIONAL PUBLICATION DIRECTOR 144166 0 0 0 60 0 6040 0 35867 0 186133 0 0 0 PAUL LOMEDICO EXTERNAL AFFAIRS AND ADMIN DIRECTOR 162494 0 0 0 60 0 6540 0 10108 0 179202 0 0 0 ERICA NEWMAN CHIEF OF EQUITY & INCLUSION 151603 0 0 0 60 0 6300 0 5502 0 163465 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 FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BONUSES AS REPORTED IN PART II, COLUMN (B)(II): DEBORAH A. KENNY, CHIEF EXECUTIVE OFFICER- $274,750 ROBERT OLLWERTHER, CHIEF OPERATING OFFICER- $50,000 X 1 98441 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, 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 2021 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 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 7321037 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 4172094 25099713 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 3897717 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