2021-05-17T08:47:06-05:00 2020-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-07-01 821888771 ZETA CHARTER SCHOOLS INC ZETA 9173302296 222 ALEXANDER AVE BRONX NY 10454 EMILY KIM CEO 9173302296 2021-05-16 1 GARRETT M HIGGINS P00543209 9143818900 2021-05-14 2019 2022-09-23 18:48:47Z EMILY KIM 222 ALEXANDER AVE BRONX NY 10454 6611024 0 X ZETASCHOOLS.ORG X 2017 DE ZETA CHARTER SCHOOLS, INC. IS DEDICATED TO SUPPORTING SCHOOLS, ASSISTING IN THE CREATION OF SCHOOLS, AND UNDERTAKING OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 2 2 29 3 0 0 994929 2359471 3379202 4242865 425 332 0 8356 4374556 6611024 331205 313528 0 0 1344584 2462933 0 0 146499 2269998 2797479 3945787 5573940 428769 1037084 6308076 7007119 3260721 2922680 3047355 4084439 ZETA CHARTER SCHOOLS INC, IS DEDICATED TO SUPPORTING SCHOOLS, ASSISTING IN THE CREATION OF SCHOOLS, AND UNDERTAKING OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 0 0 4694647 313528 4242865 ZETA CHARTER SCHOOLS, INC. BUILDS AND SUPPORTS THE ZETA CHARTER SCHOOLS NYC NETWORK OF HIGH PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS. THE ORGANIZATION PROVIDES STARTUP AND ONGOING ACADEMIC, BUSINESS AND DEVELOPMENT SUPPORT TO THE SCHOOLS. THERE ARE APPROXIMATELY 468 STUDENTS ENROLLED IN THE NETWORK'S K-1 EDUCATIONAL CORPORATION FOR THE 2019-2020 ACADEMIC YEAR. 4694647 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 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 222449 0 7155 PAOLA STEPANIAN MANAGING DIR. OF ACADEMICS 50.00 X 169235 0 17519 JESSIE FERGUSON DIRECTOR OF SPECIAL PROJECTS 50.00 X 138776 0 17038 SHEA REEDER DIRECTOR OF SCHOOL CULTURE 50.00 X 120606 0 34308 SAMREEN KHAN DIR OF OPERATIONAL & FINANCIAL STRAT. (AS OF 06/19) 50.00 X 52711 0 6630 ALLEN THORPE CHAIRPERSON 1.00 X X 0 0 0 LINDA ZHANG TRUSTEE 1.00 X 0 0 0 KEN HIRSH TRUSTEE (THRU FEB 2020) 1.00 X 0 0 0 703777 0 82650 4 0 1 0 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 W 35TH STREET STE 301 NEW YORK NY 10001 FINANCIAL MANAGEMENT 517248 PROCLEAN MAINTENANCE SYSTEMS INC 79 ALEXANDER AVE STE B16 BRONX NY 10454 JANITORIAL SERVICES 143536 ABOUT THE WORK LLC 40 EXCHANGE PLACE SUITE 1708 NEW YORK NY 10005 PROJECT MANAGEMENT SERVICES 132500 TENER CONTRACTING LLC 603 WARBURTON AVENUE HASTINGSONHUDSON NY 10706 REPAIR SERVICES 120279 APARTMENT ONE INC 119 8TH STREET 202 NEW YORK NY 11215 WEBSITE DESIGN 100100 5 2359471 2359471 RENTAL FEES 532000 2543206 2543206 CMO FEES 541610 1699659 1699659 4242865 332 332 CREDIT CARD REWARDS 900099 6027 6027 INSURANCE PROCEEDS 900099 1258 1258 OTHER INCOME 900099 1071 1071 8356 6611024 4242865 0 8688 313528 313528 538012 423960 93508 20544 1563878 1232354 271808 59716 45759 36059 7953 1747 140738 110903 24461 5374 174546 137544 30337 6665 101020 89281 10393 1346 30573 30573 217273 201780 14793 700 16866 14906 1735 225 24961 22061 2568 332 73252 50654 22598 1002056 987972 14084 19992 17669 2057 266 746 746 89008 70140 15470 3398 1001395 789111 174046 38238 61409 54273 6318 818 REPAIRS AND MAINTENANCE 68842 68437 405 STAFF DEVELOPMENT 49216 43497 5063 656 STAFF RECRUITMENT 34531 30518 3553 460 OTHER 6339 325 6014 5573940 4694647 732794 146499 681206 2653498 477172 484860 10000 2626 252864 0 52281 53506 4066456 1441133 2482502 2625323 2352051 1187306 6308076 7007119 298239 360445 2962482 2221768 0 340467 3260721 2922680 X 2627355 3874439 420000 210000 3047355 4084439 6308076 7007119 1037084 0 X 0 1 X 0 0 X 0 3231746 994929 2359471 6586146 3231746 994929 2359471 6586146 3406191 3179955 0 270 425 332 1027 8356 8356 6595529 X SCHEDULE A, PART II: COLUMN (B) IS REPORTING FOR THE SHORT YEAR 6/12/2017 (DATE OF INCORPORATION) THROUGH 6/30/2017. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2402090 1152382 1249708 359542 111527 248015 1304824 177224 1127600 2625323 DUE FROM ZETA CHARTER SCHOOLS - NYC 676469 DEFERRED RENT 226566 SECURITY DEPOSITS 284271 1187306 PAYCHECK PROTECTION PROGRAM LOAN PAYABLE 340467 340467 X 6641505 30481 30481 6611024 0 6611024 5604421 30481 30481 5573940 0 5573940 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. 1 ZETA CHARTER SCHOOLS - NEW YORK CITY 222 ALEXANDER AVE BRONX NY 10454 823452377 501(C)(3) 313528 GENERAL SUPPORT 1 0 PART I, LINE 2: THE RECIPIENT OF THE GRANT FUNDS, ZETA CHARTER SCHOOLS NYC, IS MANAGED BY THE ORGANIZATION, AND THEREFORE THE ORGANIZATION IS INHERENTLY ABLE TO MONITOR THE USE OF GRANT FUNDS BY VIRTUE OF COMMON MANAGEMENT AND ACCOUNTING SYSTEMS. PERIODICALLY, THE PROGRAM ASSOCIATE PRODUCES FUNDER REPORTS THAT TRACK EXPENSES FOR CURRENT AND PREVIOUS YEARS AND PROVIDES THEM TO MANAGEMENT. X X 0 0 0 0 0 0 0 1 0 EMILY KIM CEO 222449 0 0 0 0 0 6750 0 405 0 229604 0 0 0 PAOLA STEPANIAN MANAGING DIR. OF ACADEMICS 150805 0 18430 0 0 0 5128 0 12391 0 186754 0 0 0 JESSIE FERGUSON DIRECTOR OF SPECIAL PROJECTS 123916 0 14860 0 0 0 4271 0 12767 0 155814 0 0 0 SHEA REEDER DIRECTOR OF SCHOOL CULTURE 108266 0 12340 0 0 0 2015 0 32293 0 154914 0 0 0 PART I, LINE 7 JESSIE FERGUSON, SHEA REEDER, PAOLA STEPANIAN AND SAMREEN KHAN RECEIVED A BOARD-APPROVED PERFORMANCE-BASED BONUS IN FY20. THESE AMOUNTS ARE REPORTED IN COLUMN B(II) ON PART II OF THIS SCHEDULE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES TRINET, A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO"). 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 FEE PAID TO TRINET FOR THE TAX YEAR ENDING 06/30/20 IS $101,020. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEETINGS WERE HELD DURING FISCAL YEAR 2020. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. 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 THIS CONFLICT OF INTEREST POLICY OF ZETA CHARTER SCHOOLS, INC. HAS BEEN ADOPTED BY THE BOARD OF DIRECTORS AND IS APPLICABLE TO ALL MEMBERS OF THE BOARD ( I.E. , DIRECTORS), OFFICERS, AND EMPLOYEES WHO HAVE THE ABILITY TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION OR WHO HAVE SUBSTANTIAL DECISION-MAKING AUTHORITY. PRIOR TO A DIRECTOR'S INITIAL ELECTION TO THE BOARD, OR AN OFFICER'S OR SENIOR MANAGEMENT MEMBER'S EMPLOYMENT AT THE CORPORATION, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTORS,OFFICERS, AND SENIOR MANAGEMENT MEMBERS COMPLETE A DISCLOSURE STATEMENT, IN THE FORM ATTACHED HERE TO, DISCLOSING ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS. THE DISCLOSURE STATEMENTS ARE RECEIVED AND REVIEWED BY THE CEO OR HIS/HER DESIGNEE AS CUSTODIAN, WHICH DESIGNEE IS THE ORGANIZATION'S CHIEF LEGAL OFFICER, GENERAL COUNSEL, OR COMPLIANCE OFFICER, IF ANY ("CLO"). THE CEO OR HIS/HER DESIGNEE PROVIDES A COPY OF THE COMPLETED DISCLOSURE STATEMENTS TO THE CHAIR OF THE AUDIT COMMITTEE (IF ANY). A COPY OF EACH DISCLOSURE STATEMENT IS KEPT IN THE ORGANIZATION'S ELECTRONIC FILES AND MADE AVAILABLE TO ANY DIRECTOR, OFFICER, OR SENIOR MANAGEMENT MEMBER UPON REQUEST. COVERED PERSONS AND OTHER STAFF ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SOON AS THEY ARE KNOWN, OR REASONABLY SHOULD BE KNOWN. DISCLOSURES SHOULD BE MADE IN ADVANCE, BEFORE ANY ACTION IS TAKEN ON THE MATTER THAT POSES AN ACTUAL OR POTENTIAL CONFLICT. ALL DISCLOSURES SHOULD BE BROUGHT TO THE ATTENTION OF THE BOARD CHAIRPERSON(S), THE GOVERNANCE/EXECUTIVE COMMITTEE, AND/OR THE CEO OR HIS/HER DESIGNEE, UNLESS ANY OF THE AFOREMENTIONED INDIVIDUALS IS THE INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST. IN GENERAL, INTERESTED PERSONS SHOULD RECUSE THEMSELVES FROM (1) ENGAGING IN DISCUSSIONS OR (2)RECEIVING INFORMATION RELATED TO THE CONFLICT SITUATION UNTIL, AT A DULY HELD MEETING OF THE BOARD OR GOVERNANCE/EXECUTIVE COMMITTEE AT WHICH QUORUM IS PRESENT, A MAJORITY OF DISINTERESTED DIRECTORS APPROVE THE PRESENCE, INVOLVEMENT, AND/OR PARTICIPATION OF THE INTERESTED PERSON. IN THE EVENT OF A CONFLICT OF INTEREST, THE INTERESTED PERSONS WILL RECUSE THEMSELVES FROM VOTING UPON THESE MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO, OFFICERS, AND KEY EMPLOYEES 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 2019, 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.