2021-05-12T13:59:24-05:00 2020-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2019-07-01 270400583 FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS INC FRIE 9084159909 729 SEVENTH AVE 9TH FLOOR NEW YORK NY 10019 ELI WEISS PRESIDENT 9084159909 2021-05-04 1 MICHELLE CAIN P00150750 5854231860 2021-05-05 2019 2022-09-23 18:48:47Z X ELI WEISS 729 SEVENTH AVE 9TH FLOOR NEW YORK NY 10019 6546959 0 X N/A X 2009 NY FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS, INC., ("FOHLA") WAS FOUNDED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF, HEBREW LANGUAGE CHARTER SCHOOLS IN NEW YORK STATE. 3 3 0 4 0 0 18713 1000 6085125 6535566 0 10393 0 0 6103838 6546959 0 0 0 0 0 0 0 0 0 5347295 6023075 5347295 6023075 756543 523884 21464183 23667814 18424159 20103906 3040024 3563908 FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS, INC., ("FOHLA") WAS FOUNDED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF, HEBREW LANGUAGE CHARTER SCHOOLS IN NEW YORK STATE. 0 0 6021803 6535566 FOR THE YEAR ENDED JUNE 30, 2020, THE ORGANIZATION PROVIDED PROGRAMMATIC EXPENSE OF APPROXIMATELY $6,021,800 TO SUPPORT HEBREW LANGUAGE CHARTER SCHOOLS, LOCATED IN BROOKLYN, NY AND HARLEM, NY. SUCH SUPPORT INCLUDED OPERATING FUNDS TO ENABLE THE LEASING OF CLASSROOM SPACE AND THE FURNISHING OF RELATED REPAIRS & MAINTENANCE. 6021803 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X ELLY ROSENTHAL CFO 9084159909 729 SEVENTH AVE 9TH FLOOR NEW YORK NY 10019 X ELI WEISS PRESIDENT 1.00 X X 0 0 0 JONATHAN ROSENBERG DIRECTOR 1.00 X 0 0 0 ELLY ROSENTHAL TREASURER 1.00 X X 0 0 0 RICHARD SHUSTER SECRETARY (THRU DEC 2019) 1.00 X X 0 0 0 0 0 0 0 0 0 0 147 EQUITIES CO ARTIMUS CONSTRUCTION 316 WEST 118 STREET NEW YORK NY 10026 RENT 1750299 MILL AVENUE DEVELOPMENT 54 REGENTS DRIVE LIDO BEACH NY 11561 RENT 1458734 2 1000 1000 RENTAL INCOME 531120 6535566 6535566 6535566 10393 10393 6546959 6535566 0 10393 17700 17700 18000 18000 4627601 4627601 736581 736581 554015 554015 75937 74665 1272 MISCELLANEOUS -499 -499 REPAIRS AND OTHER -6260 -6260 6023075 6021803 1272 0 427895 2234398 885585 131718 2781 20474262 2465837 17983219 18008425 2164703 3293273 21464183 23667814 503255 144853 12153369 12882925 3150000 3150000 2617535 3926128 18424159 20103906 X 3040024 3563908 3040024 3563908 21464183 23667814 523884 0 X X 0 1 X 1 0 X 1380560 87059 41831 18713 1000 1529163 1380560 87059 41831 18713 1000 1529163 1529163 10393 10393 1539556 22966253 0.99320 1.00000 X 17786825 2274420 15512405 191417 191417 0 2496020 2496020 18008425 DEFERRED LEASE RECEIVABLE 3043771 SECURITY DEPOSIT 249502 3293273 SECURITY DEPOSITS 199498 DEFERRED LEASE LIABILITY 3726630 3926128 X 6585254 38295 38295 6546959 0 6546959 6061370 38295 38295 6023075 0 6023075 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. 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, 2020, 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, 2017. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2017 THROUGH JUNE 30, 2020 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. FORM 990, PART VI, SECTION A, LINE 2 BOTH ELI WEISS AND RICHARD SHUSTER (UNTIL RESIGNATION IN DEC 2019) WERE DIRECTORS ON HEBREW PUBLIC'S BOARD, ANOTHER 501(C)(3) ENTITY DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND THEN SUBMITTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. IF THE BOARD OF DIRECTORS HAVE ANY QUESTIONS THEY ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C UPON BEING ELECTED TO THE BOARD AND THEREAFTER ON AN ANNUAL BASIS, AS LONG AS A DIRECTOR REMAINS A MEMBER OF THE BOARD, DIRECTORS SHALL COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND ACKNOWLEDGMENT OF SUCH CONFLICT OF INTEREST POLICY. ANY POTENTIAL CONFLICTS, AS DEFINED BY THE POLICY, ARE REQUIRED TO BE REPORTED TO AND ARE VETTED BY THE BOARD. FOHLA'S PRACTICE IS TO HAVE A BOARD MEMBER RECUSE THEMSELVES FROM A VOTE ON A CONTRACT OR TRANSACTION WHERE THERE IS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIALS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS.