2022-05-16T22:46:13-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2020-07-01 821888771 ZETA CHARTER SCHOOLS INC ZETA 9173302296 222 ALEXANDER AVE BRONX NY 10454 EMILY KIM CEO 9173302296 2022-05-16 1 EMILY KIM 999009999 GARRETT M HIGGINS P00543209 2122862600 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z EMILY KIM 222 ALEXANDER AVE BRONX NY 10454 12409711 0 X ZETASCHOOLS.ORG X 2017 DE TO SUPPORT SCHOOLS, ASSIST IN THE CREATION OF SCHOOLS, AND TO UNDERTAKE OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 3 3 27 3 0 0 2359471 5560387 4242865 6849233 332 91 8356 0 6611024 12409711 313528 0 0 0 2462933 3189234 0 0 131687 2797479 3394074 5573940 6583308 1037084 5826403 7007119 13184569 2922680 3273727 4084439 9910842 X TO SUPPORT SCHOOLS, ASSIST IN THE CREATION OF SCHOOLS, AND TO UNDERTAKE OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 0 0 5336054 6849233 ZETA CHARTER SCHOOLS, INC. BUILDS AND SUPPORTS THE ZETA CHARTER SCHOOLS NYC ("THE SCHOOL") NETWORK OF HIGH PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS. THE NETWORK CURRENTLY HAS TWO SUBLEASE AGREEMENTS WITH THE SCHOOL, AND ON JULY 20, 2021, THE NETWORK ENTERED INTO A THIRD SUBLEASE AGREEMENT WITH THE SCHOOL.THE ORGANIZATION PROVIDES STARTUP AND ONGOING ACADEMIC, BUSINESS AND DEVELOPMENT SUPPORT TO THE SCHOOLS. THERE ARE APPROXIMATELY 873 STUDENTS ENROLLED IN THE NETWORK'S K-1 EDUCATIONAL CORPORATION FOR THE 2020-2021 ACADEMIC YEAR. 5336054 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 27 1 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 1 1 0 NY X EMILY KIM 9173302296 222 ALEXANDER AVE BRONX NY 10454 EMILY KIM CEO 50.00 X 220489 0 16569 PAOLA STEPANIAN MANAGING DIR. OF ACADEMICS 50.00 X 156560 0 24733 SHEA REEDER DIRECTOR OF SCHOOL CULTURE 50.00 X 111871 0 48573 JESSIE FERGUSON DIRECTOR OF SPECIAL PROJECTS 50.00 X 117280 0 32645 SAMREEN KHAN DIRECTOR OF OPERATIONAL & FINANCIAL STRATEGY 50.00 X 127751 0 20343 ANGELA HAMARICH ASSOCIATE DIRECTOR OF SCALING 50.00 X 104113 0 31160 CHRISTOPHER D'AMATO DIRECTOR OF SCHOOL OPERATIONS 50.00 X 115881 0 7936 ALLEN THORPE CHAIRPERSON 1.00 X X 0 0 0 OPE BUKOLA TRUSTEE 1.00 X 0 0 0 LINDA ZHANG TRUSTEE 1.00 X 0 0 0 953945 0 181959 7 0 1 0 ABOUT THE WORK 40 EXCHANGE PLACE SUITE 1708 NEW YORK NY 10005 PROJECT MANAGEMENT SERVICES 364500 VRD CONTRACTING INC 25 ANDREA ROAD HOLBROOK NY 11741 GENERAL CONTRACTING 216433 TENER CONTRACTING LLC 603 WARBURTON AVENUE HASTINGSONHUDSON NY 10706 REPAIR SERVICES 168174 PROCLEAN MAINTENANCE SYSTEMS INC 79 ALEXANDER AVENUE BRONX NY 10454 JANITORIAL SERVICES 122393 4 340467 5219920 8550 5560387 RENTAL FEES 532000 3931080 3931080 CMO FEES 541610 2918153 2918153 6849233 91 91 12409711 6849233 0 91 429637 351009 69564 9064 2293283 1873588 371312 48383 41763 34120 6762 881 194498 158903 31492 4103 230053 187951 37248 4854 19072 13392 4427 1253 4612 4612 45470 45470 424375 296586 88444 39345 166330 126435 39895 71609 54434 17175 123253 93690 29563 1077260 1058870 18390 8278 6292 1986 17125 16325 800 54395 40796 13599 1172504 879378 293126 99545 75669 23876 STAFF DEVELOPMENT 44522 26401 14124 3997 REPAIRS AND MAINTENANCE 33307 32738 569 SCHOOL EVENTS 18920 18920 STAFF RECRUITMENT 13497 9477 3133 887 6583308 5336054 1115567 131687 2653498 5580264 484860 80282 2626 900000 53506 178705 5988705 2613637 2625323 3375068 1187306 3070250 7007119 13184569 360445 518268 2221768 2430000 340467 325459 2922680 3273727 X 3874439 8575637 210000 1335205 4084439 9910842 7007119 13184569 5826403 0 X X 0 1 X 0 0 X 0 3231746 994929 2359471 5560387 12146533 3231746 994929 2359471 5560387 12146533 5952146 6194387 0 270 425 332 91 1118 0 0 0 8356 0 8356 12156007 14471300 X SCHEDULE A, PART II, SECTION A: COLUMN (B) - 2017 IS A SHORT-YEAR AS THE ORGANIZATION WAS FORMED 08/05/2017. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2547595 1984275 563320 372103 187325 184778 3069007 442037 2626970 3375068 DUE FROM ZETA CHARTER SCHOOLS - NYC 791312 DEFERRED RENT 998938 SECURITY DEPOSITS 1280000 3070250 DEFERRED RENT LIABILITY 325459 325459 X 12857208 447497 447497 12409711 0 12409711 7030805 447497 447497 6583308 0 6583308 PART X, LINE 2: THE NETWORK RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE NETWORK HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ALL FORMS 990 FILED BY THE NETWORK ARE SUBJECT TO EXAMINATION. X X 0 0 0 0 0 0 0 1 0 EMILY KIM CEO 220489 0 0 0 0 0 16306 0 263 0 237058 0 0 0 PAOLA STEPANIAN MANAGING DIR. OF ACADEMICS 155060 0 1500 0 0 0 5960 0 18773 0 181293 0 0 0 SHEA REEDER DIRECTOR OF SCHOOL CULTURE 110871 0 1000 0 0 0 6885 0 41688 0 160444 0 0 0 PART I, LINE 7 CHRISTOPHER D'AMATO, JESSIE FERGUSON, ANGELA HAMARICH, SAMREEN KHAN, SHEA REEDER, AND PAOLA STEPANIAN RECEIVED A BOARD-APPROVED PERFORMANCE-BASED BONUS IN FY21. THESE AMOUNTS WERE INCLUDED IN THEIR REPORTABLE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USED TRINET, A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO") FOR PART OF FISCAL YEAR 2021. AS A PROFESSIONAL EMPLOYER ORGANIZATION, TRINET PROVIDES PROFESSIONAL EMPLOYER SERVICES TO ZETA CHARTER SCHOOLS, INC. IN THE PEO RELATIONSHIP TRINET AND ZETA CHARTER SCHOOLS, INC. SHARE CERTAIN RESPONSIBILITIES AND ALLOCATE OTHER EMPLOYER RESPONSIBILITIES BETWEEN EACH OTHER. ZETA CHARTER SCHOOLS, INC. REMAINS AN EMPLOYER OF THE WORKSITE EMPLOYEES AND TRINET IS A CO-EMPLOYER OF ZETA CHARTER SCHOOLS' EMPLOYEES. ZETA CHARTER SCHOOLS, INC. HAS: DIRECTION AND CONTROL OVER EMPLOYEES AS IS NECESSARY TO CONDUCT ITS BUSINESS, DISCHARGE ANY FIDUCIARY RESPONSIBILITY IT MAY HAVE, OR COMPLY WITH ANY APPLICABLE LICENSURE, REGULATORY OR STATUTORY REQUIREMENT OF ZETA CHARTER SCHOOLS, INC. CONTROL OVER THE DAY TO DAY JOB DUTIES OF EMPLOYEES AND OVER THE JOB SITES AT WHICH, OR FROM WHICH EMPLOYEES PERFORM SERVICES. TRINET RESERVES A RIGHT OF DIRECTION AND CONTROL OVER EMPLOYEES AS IS NECESSARY TO FULFILL ITS OBLIGATIONS AND PROVIDE ITS SERVICES UNDER AN AGREEMENT BETWEEN ZETA CHARTER SCHOOLS, INC. AND TRINET. THE TOTAL AMOUNT OF SERVICE FEES INCURRED IN FISCAL YEAR 2021 FOR TRINET'S SERVICES WERE $19,072. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEETINGS WERE HELD DURING FISCAL YEAR 2021. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CEO. AFTER ANY REQUIRED CHANGES ARE MADE, A FINAL VERSION IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ELECTION TO THE BOARD, OR EMPLOYMENT AT THE ORGANIZATION, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTORS, OFFICERS, AND SENIOR MANAGEMENT MEMBERS COMPLETE A STATEMENT TO DISCLOSE ANY POTENTIAL OR APPARENT CONFLICTS OF INTEREST. THE STATEMENTS ARE REVIEWED BY THE BOARD SECRETARY WHO PROVIDES THEM TO THE BOARD CHAIR. COVERED PERSONS ARE ALSO UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS AS SOON AS THEY ARE KNOWN, OR REASONABLY SHOULD BE KNOWN. DISCLOSURES ARE MADE IN ADVANCE, BEFORE ANY ACTION IS TAKEN ON THE MATTER THAT POSES AN ACTUAL OR POTENTIAL CONFLICT. ALL DISCLOSURES ARE BROUGHT TO THE ATTENTION OF THE BOARD CHAIR AND SECRETARY, UNLESS EITHER IS THE INDIVIDUAL WITH A POTENTIAL CONFLICT. PERSONS WITH A POTENTIAL OR ACTUAL CONFLICT RECUSE THEMSELVES FROM (1) ENGAGING IN DISCUSSIONS AND (2) RECEIVING INFORMATION RELATED TO THE CONFLICT SITUATION, UNLESS A MAJORITY OF DISINTERESTED DIRECTORS APPROVE THEIR PRESENCE, INVOLVEMENT, AND/OR PARTICIPATION. IN THE EVENT A CONFLICT IS DETERMINED, THE INTERESTED BOARD MEMBER IS RECUSED FROM VOTING UPON THE RELATED MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND MANAGING DIRECTOR OF ACADEMICS INCLUDE THE USE OF COMPARABLE DATA SUCH AS THE FORM 990 OF OTHER ORGANIZATIONS. AN ANNUAL REVIEW OF COMPENSATION, ACCOMPLISHMENTS AND SKILLS IS DONE BY THE BOARD. THE BOARD OF DIRECTORS REVIEWS THE COLLECTED DATA AND VOTES ON THE COMPENSATION. THE PROCESS LAST OCCURRED IN 2020, AND IS DOCUMENTED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.