2022-04-26T10:14:14-05:00 2021-06-30 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2020-07-01 132663331 VILLAGE COMMUNITY SCHOOL VILL 2126915146 272 WEST 10TH STREET NEW YORK NY 10014 LESLIE JOHNSON DIRECTOR OF FINANCE & OPERATIONS 2126915146 2022-04-25 1 LESLIE JOHNSON 999009999 WILLIAM EPSTEIN P01307171 2129498700 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z LESLIE JOHNSON 272 WEST 10TH STREET NEW YORK NY 10014 20602541 0 X WWW.VCSNYC.ORG X 1970 NY TO DEVELOP SELF-MOTIVATED STUDENTS WHO VALUE THE PROCESS OF LEARNING. 17 14 127 75 0 0 2040624 2137027 17327916 16490835 771852 697685 62440 75527 20202832 19401074 2779215 2729210 0 0 11281524 11805568 0 0 1129241 4361930 4513187 18422669 19047965 1780163 353109 71439499 75914885 35528480 37994179 35911019 37920706 X SEE SCHEDULE O. 0 0 15489319 2729210 16490835 THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 320 STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE. 15489319 1 1 0 0 0 0 0 0 0 1 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 1 56 0 127 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 14 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X LESLIE JOHNSON 2126915146 272 WEST 10TH STREET NEW YORK NY 10014 JEN MITCHELL HEAD OF SCHOOL 50.00 X X 229449 0 17335 ALISON WIGGINS BOARD MEMBER / STAFF 40.00 X 82440 0 21601 JAMES SAMUELS BOARD MEMBER / STAFF 40.00 X 92992 0 9092 CHRISTOPHER KIPLOK BOARD CHAIR 4.00 X X 0 0 0 THOMAS NOVEMBRE BOARD VICE CHAIR 1.50 X X 0 0 0 THOMAS NAKIOS TREASURER 4.00 X X 0 0 0 NORMA KATZ SECRETARY 1.50 X X 0 0 0 DAVID BROSER BOARD MEMBER 1.50 X 0 0 0 EUNU CHUN BOARD MEMBER 1.50 X 0 0 0 DINKAR JETLEY BOARD MEMBER 1.50 X 0 0 0 JIM TAYLOR BOARD MEMBER 1.50 X 0 0 0 JIYEUN LEE BOARD MEMBER 1.50 X 0 0 0 PRAVEEN SAXENA BOARD MEMBER 1.50 X 0 0 0 CRAIG SCHLANGER BOARD MEMBER 1.50 X 0 0 0 ANNIE TIRSCHWELL BOARD MEMBER 1.50 X 0 0 0 LOCKSLEY GREEN BOARD MEMBER 1.50 X 0 0 0 MERYL LEVIN BOARD MEMBER 1.50 X 0 0 0 LESLIE JOHNSON DIRECTOR OF FINANCE & OP. 50.00 X 274180 0 50824 CONNIE SOPIC DIRECTOR OF ADVANCEMENT 45.00 X 336052 0 43273 DENISE FRAZIER CONS TO HEAD OF SCHOOL (THRU 9/2020) 40.00 X 378211 0 38688 RUBEN PARRA DEAN OF STUDENTS 45.00 X 221175 0 45959 JESSICA ROMERO DIR. LEARNING & INOVATION 45.00 X 211583 0 44940 MELISSA GORDON SCHOOL PSYCHOLOGIST 40.00 X 166281 0 40106 LILIAN MEDINA DIRECTOR OF DIV. & INC. 40.00 X 166972 0 15375 2159335 0 327193 18 0 1 0 EW HOWELL CO LLC 245 NEWTOWN ROAD PLAINVIEW NY 11803 CONSTRUCTION 11110951 MARVEL ARCHITECTS 145 HUDSON STREET NEW YORK NY 10013 ARCHITECTS 351082 MACRO CONSULTANTS LLC 1040 AVE OF THE AMERICAS NEW YORK NY 10018 PROJECT MANAGEMENT 326415 EISNERAMPER LLP PO BOX 360635 PITTSBURGH PA 15251 ACCOUNTING 104223 4 177149 1959878 562123 2137027 STUDENT TUITION AND FEES 611710 16368084 16368084 ANCILLARY SERVICES 611710 122751 122751 16490835 479459 479459 1413036 1194810 218226 218226 218226 8321 6657 1664 1664 MISCELLANEOUS 900099 73863 73863 73863 19401074 16564698 0 699349 2729210 2729210 1513323 446846 603458 463019 7857489 7079280 540965 237244 488486 432310 39079 17097 1392185 1233387 113163 45635 554085 490365 44327 19393 58533 58533 86169 86169 25668 25668 539798 392144 145705 1949 67748 67748 622926 387852 130291 104783 538299 231047 247525 59727 725743 611121 70841 43781 72581 55610 15428 1543 36624 36624 1027029 838488 116527 72014 217704 146034 59197 12473 LUNCH PROGRAM 408809 408809 MISC. EXPENSES 85556 6816 28157 50583 19047965 15489319 2429405 1129241 8325884 8266323 19935463 4210500 1834608 1199408 54214 9582 1721 1279 114079 179234 50141666 12402566 19321530 37739100 21836360 24302571 15640 6888 71439499 75914885 3130103 4228639 8116453 8409536 20422238 20441990 1660879 2730407 2198807 2183607 35528480 37994179 X 27891120 29156505 8019899 8764201 35911019 37920706 71439499 75914885 X 353109 1763263 -106685 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8050775 473885 2164407 275547 10413520 7417728 596836 283723 247512 8050775 6832269 339700 469100 223341 7417728 6210457 433870 431680 243738 6832269 5229955 529600 588699 137797 6210457 0.70600 0.26900 0.02500 0 0 500661 500661 18227165 11418561 6808604 2000829 984005 1016824 29413011 29413011 37739100 X 18409459 1763263 1763263 16646196 25668 2729210 2754878 19401074 16399772 106685 106685 16293087 25668 2729210 2754878 19047965 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF BOTH INDIVIDUAL DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. THE ENDOWMENT FUNDS OF THE SCHOOL ARE INTENDED TO BE USED TO SUPPORT ITS LONG-TERM MISSION. PART X, LINE 2: THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS / TUITION ASSISTANCE PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS / TUITION ASSISTANCE 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS NON-DISCRIMINATION POLICY ON ITS WEBSITE AND PRINTED IN ADMISSIONS BROCHURES. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES AN APPROPRIATION FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION UNDER THE COMPREHENSIVE ATTENDANCE POLICY AND MANDATED SERVICES PROGRAM. 1 TUITION SCHOLARSHIPS 75 2708545 FMV TUITION REDUCTION ANCILLARY PROGRAMS SCHOLARSHIPS 27 20665 FMV SCHOLARSHIPS PART I, LINE 2: THESE AWARDS ARE BASED ON FINANCIAL NEED. EACH APPLICANT COMPLETES AN APPLICATION WITH TUITION AID DATA SERVICES, A FINANCIAL AID ASSESSMENT ORGANIZATION THAT PROVIDES RECOMMENDATIONS TO THE SCHOOL BASED ON ANALYSIS OF THE APPLICANTS ASSETS, DEBTS, AND DISPOSABLE INCOME AVAILABLE FOR TUITION. THE DECISION TO AWARD IS DETERMINED BY THE TUITION ASSISTANCE COMMITTEE. SCHOLARSHIPS ARE REVIEWED ON AN ANNUAL BASIS AND GRANTED VIA DIRECT CREDIT TOWARDS GROSS TUITION OR PROGRAM FEES, AS APPLICABLE. X X X X X 0 1 0 0 0 0 0 1 0 DENISE FRAZIER CONS TO HEAD OF SCHOOL (THRU 9/2020) 358211 0 20000 0 0 0 25650 0 13038 0 416899 0 0 0 CONNIE SOPIC DIRECTOR OF ADVANCEMENT 336052 0 0 0 0 0 25650 0 17623 0 379325 0 0 0 LESLIE JOHNSON DIRECTOR OF FINANCE & OP. 274180 0 0 0 0 0 25313 0 25511 0 325004 0 0 0 RUBEN PARRA DEAN OF STUDENTS 221175 0 0 0 0 0 20497 0 25462 0 267134 0 0 0 JESSICA ROMERO DIR. LEARNING & INOVATION 211583 0 0 0 0 0 20497 0 24443 0 256523 0 0 0 JEN MITCHELL HEAD OF SCHOOL 194449 0 35000 0 0 0 0 0 17335 0 246784 0 0 0 MELISSA GORDON SCHOOL PSYCHOLOGIST 166281 0 0 0 0 0 16278 0 23828 0 206387 0 0 0 LILIAN MEDINA DIRECTOR OF DIV. & INC. 166972 0 0 0 0 0 0 0 15375 0 182347 0 0 0 PART I, LINE 3 COMPENSATION: A SUBCOMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE ANNUAL COMPENSATION FOR THE HEAD OF THE SCHOOL. A COMPENSATION COMMITTEE COMPRISED OF STAFF AND BOARD MEMBERS RECOMMENDS TO THE BOARD AN OVERALL PERCENTAGE FOR COMPENSATION INCREASES. THE COMMITTEE THEN ALLOCATES TO THE SALARY SCALE FOR TEACHING STAFF. THE HEAD OF THE SCHOOL DETERMINES SALARIES FOR NON-TEACHING STAFF WITHIN THE OVERALL INCREASE APPROVED. SALARIES ARE DETERMINED BASED ON PUBLISHED COMPARABLE SALARY INFORMATION FOR SIMILAR SCHOOLS IN THE AREA. PART I, LINE 4B JEN MITCHELL (HEAD OF SCHOOL), DENISE FRAZIER (CONSULTANT TO HEAD OF SCHOOL THRU 9/2020), CONNIE SOPIC (DIRECTOR OF ADVANCEMENT), AND LESLIE JOHNSON (DIRECTOR OF FINANCE & OPERATIONS) PARTICIPATE IN THE 457(B) PLAN. THE PLAN WAS ESTABLISHED AND MAINTAINED FOR THE PURPOSE OF PROVIDING AN ADDITIONAL MEANS FOR DEFERRED COMPENSATION FOR SPECIFIED EMPLOYEES. THE PLAN CONSISTS OF ONLY EMPLOYEE CONTRIBUTIONS AND THE SCHOOL DOES NOT PROVIDE ANY CONTRIBUTIONS TO THE 457(B) PLAN. PART I, LINE 7 THE SCHOOL HAS A PERFORMANCE-BASED INCENTIVE PLAN WITH PAYMENT LEVELS SET AT YEAR-END BY THE BOARD. A BUILD NYC RESOURCE CORPORATION 454040561 2019-10-03 21000000 BOND REPAYMENT/SCHOOL EXPANSION 0 0 0 A 3425000 21000000 4169024 880653 577762 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 1 A 1 SEE SUPPLEMENTAL INFORMATION BOARD OF TRUSTEES MEMBERS 118190 GRANTS PART III, LINE 1 AS PART OF THE SCHOOL'S EFFORTS TO SUPPORT ECONOMIC DIVERSITY AND TO PROVIDE ASSISTANCE TO ANY AND ALL COMMUNITY MEMBERS WITH DEMONSTRATED NEED, DURING THE 20-21 SCHOOL YEAR, THE SCHOOL PROVIDED A TOTAL OF $118,190 IN FINANCIAL AID TO TWO BOARD OF TRUSTEES MEMBERS. X 19 562123 FMV ON DATE RECEIVED 0 1 1 PART I, COLUMN (B): THE AMOUNT REPORTED REPRESENTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: PART I, LINE 32A: THE SCHOOL USES A THIRD PARTY BROKER TO SELL DONATED SECURITIES. FORM 990, PART III, LINE 1: SINCE ITS FOUNDING IN 1970, VILLAGE COMMUNITY SCHOOL'S GOAL HAS BEEN TO DEVELOP SELF-MOTIVATED STUDENTS WHO VIEW LEARNING AS AN EXCITING AND REWARDING PROCESS THAT WILL CONTINUE THROUGHOUT THEIR LIVES. WE STRIVE TO BE A DIVERSE COMMUNITY WHERE EQUITY, JUSTICE AND EXCELLENCE ARE INDEPENDENT, AND CHILDREN BECOME EFFECTIVE CITIZENS, WITH THE ABILITY TO MAKE MEANINGFUL CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP: CURRENT PARENTS AND STAFF OF THE SCHOOL AND CURRENT BOARD MEMBERS ARE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS: MEMBERSHIP APPROVAL IS REQUIRED FOR AMENDMENTS TO THE BY-LAWS; EACH FAMILY AND EACH STAFF MEMBER HAVE ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF THE FORM 990: THE FORM 990 IS DISTRIBUTED TO A SUBCOMMITTEE OF THE FULL BOARD OF TRUSTEES FOR REVIEW AND THEN THE REVIEWED 990 IS DISTRIBUTED TO THE FULL BOARD FOR APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE DISTRIBUTED ANNUALLY FOR COMPLETION TO ALL TRUSTEES AND OFFICERS AND ARE RETURNED IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION: THE HEAD OF SCHOOL'S SALARY IS DETERMINED BY A SUBCOMMITTEE OF THE BOARD HEADED BY THE CHAIR OF THE BOARD OF TRUSTEES. COMPARABLES FROM NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, NATIONAL BUSINESS OFFICERS ASSOCIATION, AND 990'S ARE RESEARCHED FOR ALL SENIOR POSITIONS AND THEY ARE REVIEWED BY THE HEAD OF SCHOOL AND DISCUSSED WITH THE CHAIR. THE DIRECTOR OF FINANCE & OPERATIONS MAINTAINS A FILE EACH YEAR. THE HEAD OF SCHOOL'S CONTRACT IS USUALLY FOR A TERM OF 2 YEARS; TOP ADMINISTRATORS' SALARIES ARE REVIEWED ANNUALLY AND ARE DETERMINED BY THE HEAD OF SCHOOL AS STATED ABOVE, ALONG WITH BUDGET LIMITATIONS SET BY THE BOARD. THE BOARD'S GOAL IN SETTING THESE SALARIES ARE TO HAVE THEM AT THE MEAN OR SLIGHTLY ABOVE THE MEAN PAID AT COMPARABLE SCHOOLS. THIS PROCESS WAS LAST DONE IN 2020. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE SCHOOL MAKES THE FORM 990 AND OTHER DOCUMENTS REQUIRED BY LAW OR REGULATION TO BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE SCHOOL ALSO PUBLISHES AN ANNUAL REPORT THAT IS MAILED TO MEMBERS OF THE COMMUNITY. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES -106,685.