2022-05-16T21:35:22-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2020-07-01 061581474 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS DEMO 7182940841 3872 THIRD AVENUE BRONX NY 10457 DR ROBERT NORTH BOARD CHAIR 7182940841 2022-05-16 1 DR ROBERT NORTH 999009999 GARRETT M HIGGINS P00543209 9143818900 2022-05-16 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR ROBERT NORTH 3872 THIRD AVENUE BRONX NY 10457 86404779 0 X WWW.DEMOCRACYPREP.ORG X 2000 NY TO EDUCATE SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 16 16 656 18 0 0 3742076 6093224 76959889 79859171 26430 52736 213038 399648 80941433 86404779 68121 0 0 0 43566217 44711457 0 0 501152 25217050 25772540 68851388 70483997 12090045 15920782 49177418 67527043 10477503 12906346 38699915 54620697 TO EDUCATE RESPONSIBLE CITIZEN-SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 0 0 60480939 79859171 THE SCHOOL IS DEDICATED TO PROVIDING A HIGH QUALITY COLLEGE PREPARATORY EDUCATION TO PRIMARILY DISADVANTAGED STUDENTS. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 4,350 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELFTH DURING THE 2020-2021 ACADEMIC YEAR. 60480939 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 656 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X VALERIE MARTINEZ 3322154366 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 X EMMANUEL GEORGE PRINCIPAL 40.00 X 157354 0 28205 ELISA DIMAURO PRINCIPAL 40.00 X 135289 0 22936 ANDRE GEDDES PRINCIPAL 40.00 X 137742 0 15255 LOURDES FLORES PRINCIPAL 40.00 X 139720 0 9141 RYAN SILVER PRINCIPAL 40.00 X 126832 0 9986 DR ROBERT NORTH BOARD CHAIR 10.00 X X 0 0 0 KHARY BARNES VICE CHAIR 5.00 X X 0 0 0 JOSHUA PRISTAW VICE CHAIR 5.00 X X 0 0 0 DOUGLAS SNYDER VICE CHAIR 5.00 X X 0 0 0 ROGER BERG SECRETARY 5.00 X X 0 0 0 BRIAN BERGER TREASURER 5.00 5.00 X X 0 0 0 JAKE FOLEY III TRUSTEE 5.00 X 0 0 0 ROSS FROMMER TRUSTEE 5.00 X 0 0 0 TREVOR GIBBONS TRUSTEE 5.00 X 0 0 0 FARDIDA ILBOUDO TRUSTEE 5.00 X 0 0 0 STEPHANIE KING TRUSTEE 5.00 X 0 0 0 BRITTANY MULLINGS TRUSTEE 5.00 X 0 0 0 KEN WEILLER TRUSTEE 5.00 X 0 0 0 GREGORY WESTON TRUSTEE 5.00 X 0 0 0 SEAN WINDSOR TRUSTEE 5.00 X 0 0 0 ALASTAIR WOOD TRUSTEE 5.00 X 0 0 0 NATASHA TRIVERS CEO (OUTSOURCED) 5.00 1.00 X 0 0 0 VALERIE MARTINEZ CFO (OUTSOURCED) 5.00 1.00 X 0 0 0 696937 0 85523 5 0 1 0 DEMOCRACY PREP PUBLIC SCHOOLS INC 1767 PARK AVENUE 4TH FLOOR NEW YORK NY 10035 CHARTER MANAGEMENT 8609809 DBI PROJECTS LLC 1261 BROADWAY NEW YORK NY 10001 PROJECT MANAGEMENT 510410 RYAN LEAK 3265 BAINBRIDGE AVENUE BRONX NY 10467 MOTIVATIONAL SPEAKER 384400 3 6021338 71886 297988 6093224 GOV'T PER-PUPIL REVENUE 611110 79436039 79436039 PROGRAM RELATED RENTAL 531120 423132 423132 79859171 19556 19556 33180 0 33180 33180 33180 OTHER INCOME 900099 399648 399648 399648 86404779 79859171 0 452384 37506853 32624139 4882714 1323632 1153397 170235 2688374 2337637 350737 3192598 2776077 416521 10023047 8018439 1503456 501152 21606 21606 189747 189747 589113 324340 264773 235458 223972 11486 887397 776687 110710 1599494 1385162 214332 5513851 4749382 764469 8698 7377 1321 40574 35756 4818 170972 150669 20303 2347924 2069996 277928 424064 368998 55066 INSTRUCTIONAL MATERIALS 1380780 1357273 23507 REPAIRS & MAINTENANCE 1343506 1189732 153774 STUDENT SERVICES 631937 611390 20547 STAFF DEVELOPMENT 157517 138226 19291 206855 182290 24565 70483997 60480939 9501906 501152 14386610 11645051 8882610 28580009 4644060 4157422 12289 0 3539143 5845248 37470396 20416237 16862654 17054159 850052 245154 49177418 67527043 5534238 8273578 197089 259948 4746176 4372820 10477503 12906346 X 27927739 44334524 10772176 10286173 38699915 54620697 49177418 67527043 15920782 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13750274 3390990 10359284 2310647 1455960 854687 18864750 13600060 5264690 2544725 1969227 575498 17054159 DEFERRED RENT 1927636 CAPITAL LEASE OBLIGATION 2445184 4372820 X 86404779 0 86404779 0 86404779 70483997 0 70483997 0 70483997 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2018. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROV. 75-50 AND MODIFIED BY REV. PROC. 2019-22. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES FEDERAL TITLE I, IIA AND CITY FUNDING TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS. 0 0 0 0 0 0 0 0 0 EMMANUEL GEORGE PRINCIPAL 157294 0 0 0 60 0 8250 0 19955 0 185559 0 0 0 ELISA DIMAURO PRINCIPAL 135241 0 0 0 48 0 16701 0 6235 0 158225 0 0 0 ANDRE GEDDES PRINCIPAL 137682 0 0 0 60 0 2840 0 12415 0 152997 0 0 0 X 229983 COST X SOFTWARE 1 68005 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL IS MANAGED BY DEMOCRACY PREP PUBLIC SCHOOLS, INC. ,A TAX-EXEMPT CHARTER SCHOOL MANAGEMENT ORGANIZATION, THAT PROVIDES BUSINESS, ADMINISTRATIVE, AND ACADEMIC SERVICES TO THE SCHOOL. DURING THE YEAR ENDING JUNE 30, 2021, THE SCHOOL INCURRED $10,023,047 IN MANAGEMENT FEES. NO INDIVIDUALS LISTED ON FORM 990, PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY. 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 PRIOR TO 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 TRUSTEES AND OFFICERS, REQUIRING THEM TO ANNUAL SUBMIT A STATEMENT TO THE CHAIRPERSON OF THE BOARD TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. TRUSTEES 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 C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT 3872 THIRD AVENUE, BRONX, NY 10457, OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)294-0841. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL INC 3872 THIRD AVENUE BRONX NY 10457 161571685 TO SUPPORT DEMOCRACY PREP NEW YORK CHARTER SCHOOLS NY 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0