2022-05-16T15:30:48-05:00 2021-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2020-07-01 264646416 PUBLIC PREPARATORY NETWORK INC PUBL 2123466000 192 E 151ST ST BRONX NY 10451 JANELLE BRADSHAW CEO 2123466000 2022-05-10 1 JANELLE BRADSHAW 999009999 JACQUELINE B LEE CPA P00842765 5854231860 2022-05-14 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JANELLE BRADSHAW 192 E 151ST ST BRONX NY 10451 8104057 0 X WWW.PUBLICPREP.ORG X 2008 NY PUBLIC PREP NETWORK IS A NONPROFIT ORGANIZATION THAT DEVELOPS SINGLE-SEX ELEMENTARY AND MIDDLE PUBLIC SCHOOLS THAT PURSUE EXCELLENCE THROUGH CONTINUOUS LEARNING AND DATA-DRIVEN INSTRUCTION. OUR MODEL IS DESIGNED TO EMPOWER EACH STUDENT TO BUILD STRONG CHARACTER, DEMONSTRATE CRITICAL THINKING, POSSESS A CORE BODY OF KNOWLEDGE AND BE ON A PREDICTIVE PATH TO EARN A DEGREE FROM A FOUR-YEAR UNIVERSITY 8 8 43 8 0 0 1402085 2012826 5514839 5862140 630 803 -19728 0 6897826 7875769 570000 124750 0 0 4531738 4558226 0 0 138317 1483567 1326377 6585305 6009353 312521 1866416 1870624 2858866 2188724 1310550 -318100 1548316 THE ORGANIZATION'S PURPOSE IS TO MANAGE AND SUPPORT A NETWORK OF OPEN-ENROLLMENT FREE COLLEGE PREPARATORY CHARTER SCHOOLS COMMITTED TO HIGH ACADEMIC STANDARDS, MERIT, CITIZENSHIP AND RESPONSIBILITY IN NEW YORK CITY'S NEEDIEST NEIGHBORHOODS. 0 0 4876358 124750 5862140 CHARTER SCHOOL MARKETING/RECRUITMENT, FUNDRAISING AS WELL AS ACADEMIC, ADMINISTRATIVE AND FINANCIAL SUPPORT. 4876358 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 43 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JANELLE BRADSHAW 2123466000 192 E 151ST ST BRONX NY 10451 BRYAN LAWRENCE DIRECTOR 1.00 1.00 X 0 0 0 PAUL A VERMYLEN JR TREASURER 1.00 1.00 X X 0 0 0 PHILIP O BRANDES DIRECTOR 1.00 1.00 X 0 0 0 MARK DIKER CHAIR 1.00 1.00 X X 0 0 0 MARGERY MAYER DIRECTOR 1.00 X 0 0 0 NICOLE KAIL GREENE VICE CHAIR 1.00 1.00 X X 0 0 0 SARAH BRITTON DIRECTOR 1.00 X 0 0 0 SAMUEL GREENE DIRECTOR 1.00 X 0 0 0 JAMES T FARRIS MNG. DIR. OF FIN. 40.00 X 119073 0 28749 MICHELE CERWIN COO 40.00 X 317915 0 10800 JANELLE BRADSHAW CEO 41.00 X 374461 0 10452 GIUSEPPA L CARBONE ASST. SUPERINTENDENT 40.00 X 209967 0 10630 EMILEE CHRISTOPHER MNG. DIR. OF TALENT 40.00 X 152191 0 23536 ELDRID SEQUEIRA DIR. OF DATA VIS. & MATH 40.00 X 140126 0 21877 EMILY ZAESKE DIR. OF STUDENT SUPPOR 40.00 X 140268 0 22199 RAFET ABDELJABBAR DIR. OF STAFF RECRUITMENT 40.00 X 116303 0 14599 ANDREW GROUP MNG DIR OF OPERATIONS 40.00 X 132582 0 15269 1702886 0 158111 9 0 1 0 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 WEST 35TH STREET 301 NEW YORK NY 10001 FINANCIAL SERVICES 225805 1 567500 1445326 2012826 MANAGEMENT FEES 611430 5798629 5798629 OTHER INCOME 900099 63511 63511 5862140 10 10 229081 228288 793 793 793 7875769 5862140 0 803 124750 124750 1110982 853531 221369 36082 2676568 2344461 262627 69480 83585 73084 8197 2304 430380 367511 50203 12666 256711 217627 31978 7106 36332 36332 32757 32757 426430 113360 309368 3702 148507 148507 36598 35438 1160 80904 74752 5582 570 49500 41964 6166 1370 2906 2464 362 80 19489 16522 2428 539 33239 28178 4141 920 STAFF DEVELOPMENT 348549 341617 5672 1260 SCHOOL SUPPORT 59567 59567 TELEPHONE & INTERNET 29623 25113 3690 820 MISCELLANEOUS 12643 12643 9333 7912 1163 258 6009353 4876358 994678 138317 1491847 2077046 228288 250000 400000 86927 250 12783 105914 250397 203029 29067 47368 1870624 2858866 533457 554929 567500 0 1087767 755621 2188724 1310550 X -588682 1102455 270582 445861 -318100 1548316 1870624 2858866 1866416 0 X X 0 1 X 1 0 X 765526 1056204 1506040 1402085 2012826 6742681 765526 1056204 1506040 1402085 2012826 6742681 1718392 5024289 92 463 935 57 10 1557 6744238 22229768 0.74500 0.73970 X SCHEDULE A, PART I, LINE 7 THE ORGANIZATION RECEIVED AN IRS DETERMINATION LETTER WITH A PUBLIC CHARITY STATUS OF 509(A)(2). THE ORGANIZATION FAILED THE PART III TEST AND THEREFORE COMPLETED PART II TEST AND SELECTED BOX 7 ON SCHEDULE A, PART I. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 192428 145060 47368 57969 57969 0 47368 RELATED PARTY PAYABLES 755621 755621 X 8057852 182083 182083 7875769 0 7875769 6191436 182083 182083 6009353 0 6009353 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK STATE. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2021, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2018. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2018 THROUGH JUNE 30, 2021 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE. MANAGEMENT OF THE ORGANIZATION BELIEVES THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, THEY HAVE NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 PUBLIC PREP CHARTER SCHOOL ACADEMIES 192 E 151ST ST BRONX NY 10451 810650329 501(C)3 124750 CHARTER SCHOOL SUPPORT 1 0 PART I, LINE 2: PUBLIC PREPARATORY NETWORK INC. (PPN) PERFORMS CERTAIN MANAGEMENT RESPONSIBILITIES FOR PUBLIC PREP CHARTER SCHOOL ACADEMIES (PPA), A 501(C)(3) CHARTER SCHOOL. PPN IS INVOLVED IN THE DAILY OPERATIONS OF PPA AND THEREFORE MONITORS PPA'S RECORDS AND PROCEDURES. 1 X 0 0 0 0 0 0 0 0 0 JANELLE BRADSHAW CEO 318461 0 56000 0 0 0 10452 0 0 0 384913 0 0 0 MICHELE CERWIN COO 317915 0 0 0 0 0 10800 0 0 0 328715 0 0 0 GIUSEPPA L CARBONE ASST. SUPERINTENDENT 209967 0 0 0 0 0 10630 0 0 0 220597 0 0 0 EMILEE CHRISTOPHER MNG. DIR. OF TALENT 152191 0 0 0 0 0 8297 0 15239 0 175727 0 0 0 EMILY ZAESKE DIR. OF STUDENT SUPPOR 140268 0 0 0 0 0 6960 0 15239 0 162467 0 0 0 ELDRID SEQUEIRA DIR. OF DATA VIS. & MATH 140126 0 0 0 0 0 6638 0 15239 0 162003 0 0 0 X 4 228000 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED WITH THE ASSISTANCE OF THE FINANCIAL CONSULTANT AND MANAGING DIRECTOR OF FINANCE AND OPERATIONS. IT IS REVIEWED BY THE CEO AND BOARD APPROVAL IS GIVEN BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL 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 B, LINE 15 PUBLIC PREP HAS ESTABLISHED A SALARY SCALE FOR ALL STAFF POSITIONS. EMPLOYEE EXPERIENCE IS ANALYZED IN RELATION TO THE REQUIRED YEARS OF EXPERIENCE WITH THE JOB REQUIREMENTS. THE CEO IS AN EMPLOYEE OF THE ORGANIZATION AND COMPENSATION IS DETERMINED BY PPN'S BOARD. ANY CHANGES TO A STAFF MEMBER'S SALARY WILL BE APPROVED BY THE DIRECTOR OF HUMAN RESOURCES IN WRITING OR ELECTRONICALLY AND DOCUMENTED VIA A PAYROLL STATUS CHANGE FORM. A COPY OF THIS FORM WILL BE MAINTAINED IN THE EMPLOYEE FILE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS AND CAN BE PRESENTED UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS.