2021-04-13T13:42:37-05:00 2020-06-30 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2019-07-01 342049530 HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL II % SARA ALVARADO HARL 2123603255 35 EAST 125TH STREET NEW YORK NY 10035 JAMES D HUTTER cfo 3474737400 2021-04-13 true Scott Thompsett P00741490 2125990100 2019 2022-09-23 18:48:47Z Kwame Owusu-Kesse 35 EAST 125TH STREET NEW YORK NY 10035 25513310 false X WWW.HCZPROMISE.ORG X 2005 NY To provide high quality, standards-based ACADEMIC PROGRAMS FOR students, grades k-12, from under-served COMMUNITIES AND under-performing school districts. 7 5 225 0 0 0 22752664 25454744 0 0 59 49 31860 58517 22784583 25513310 0 0 0 0 17094625 17959071 0 0 0 4200709 5677772 21295334 23636843 1489249 1876467 7128389 9348046 4558135 4901325 2570254 4446721 X THE MISSION OF HARLEM CHILDREN'S ZONE PROMISE ACADEMY II CHARTER SCHOOL IS TO ENSURE THAT CHILDREN FROM UNDER-SERVED COMMUNITIES ARE ACADEMICALLY, SOCIALLY AND EMOTIONALLY READY TO SUCCEED IN COLLEGE AND IN TOMORROW'S WORKPLACE. THE SCHOOL'S COMMITTED, CARING STAFF PROVIDE COMPREHENSIVE SERVICES TO CHILDREN IN KINDERGARTEN THROUGH 12TH GRADE - AS WELL AS TO THEIR FAMILIES - SO THEY ARE WELL EQUIPPED FOR THE OPPORTUNITIES AHEAD. false false 22537701 0 0 IN 2019, PROMISE ACADEMY II STUDENTS HAD HIGHER AGGREGATE SCORES ON THE ENGLISH LANGUAGE ARTS TEST THAN STUDENTS IN THE LOCAL DISTRICT 5, NEW YORK CITY AS A WHOLE, NEW YORK STATE AS A WHOLE, NEW YORK STATE WHITE AND BLACK STUDENTS, AND NEW YORK CITY BLACK STUDENTS. ON THE MATH EXAM THEY OUTPERFORMED THE LOCAL DISTRICT, NEW YORK CITY, NEW YORK STATE, NEW YORK CITY BLACKS STUDENTS, NEW YORK CITY AND NEW YORK STATE WHITE STUDENTS. 87% OF STUDENTS IN THE CLASS OF 2019 ENROLLED IN POSTSECONDARY EDUCATION WITHIN SIX MONTHS OF HIGH SCHOOL GRADUATION. THE SCHOOL HAS AN EXTENDED SCHOOL DAY TO GIVE STUDENTS MORE TIME ON-TASK TO MASTER BASIC SUBJECTS AND HAVE ENOUGH TIME TO PURSUE SCIENCE, SOCIAL STUDIES, THE ARTS AND PHYSICAL EDUCATION. THE STUDENTS ALSO HAVE ACCESS TO A FREE AFTER-SCHOOL PROGRAM THAT WORKS HAND IN HAND WITH THE DAY SCHOOL AS WELL AS OFFERING STUDENTS ENRICHMENT CLASSES IN A VARIETY OF DISCIPLINES SUCH AS DANCE, PHOTOGRAPHY, CHESS AND FASHION DESIGN. THE SCHOOL ALSO HAS A MULTI-FACETED PROGRAM TO MAKE SURE STUDENTS ARE READY FOR COLLEGE, WHICH INCLUDES SAT PREPARATION CLASSES, COLLEGE COUNSELING AND CAMPUS VISITS, AS WELL AS SUPPORT FOR THE COLLEGE APPLICATION AND SELECTION PROCESSES. THE SCHOOL'S INSTITUTIONAL PARTNER, HARLEM CHILDREN'S ZONE, ALSO HAS A SOCIAL-WORK TEAM TO ADDRESS ANY EMOTIONAL/SOCIAL ISSUES THAT MAY GET FLAGGED BY TEACHERS OR SCHOOL STAFF. WE ALSO MAKE SURE THAT CHILDREN HAVE ACCESS TO UP-TO-DATE TECHNOLOGY: EACH CLASSROOM IS EQUIPPED WITH AN INTERACTIVE WHITEBOARD AND STUDENTS HAVE EASY ACCESS TO LAPTOP COMPUTERS. THE OVERALL GOAL IS TO MAKE SURE EACH CHILD GETS WHAT HE OR SHE NEEDS IN ORDER TO SUCCEED ACADEMICALLY AND BECOME WELL-ROUNDED AND PUBLIC SPIRITED - READY FOR COLLEGE AND ADULTHOOD. 22537701 true true false false false false false false false false true false false true true true true false true false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 44 0 true 225 true false false false false false false false false false false false false X 7 5 false false false false false false false true false false false true true true true true true true true false X SARA ALVARADO 2123603255 35 E 125TH STREET NEW YORK NY 10035 Anne Williams-Isom Chief Exec. Officer/President 2.0 42.0 X X 0 561869 144118 James d Hutter Chief Financial Officer 2.0 42.0 X 0 388806 111598 Katherine Da Silva-Hurtado Prin. PA-II HS (thru 06/2019) 40.0 0.0 X 311806 0 22500 Shondell James Principal, PA II Elementary 40.0 0.0 X 235928 0 63815 Amy Deal Principal, Middle School 40.0 0.0 X 179401 35372 71676 Kashif A Hameed principal 40.0 0.0 X 105921 109827 67378 Ryan Carroll Education Director 40.0 0.0 X 181979 0 63599 Geoffrey Canada Chairman 2.0 42.0 X X 0 195829 31293 Kenneth Langone chairman Emeritus 2.0 3.0 X X 0 0 0 Stanley Druckenmiller Trustee 2.0 3.0 X 0 0 0 Denise Fuller Trustee (non-voting) 2.0 2.0 X 0 0 0 Mitch Kurz treasurer/secretary 2.0 3.0 X X 0 0 0 Willie Mae Lewis Trustee 2.0 2.0 X 0 0 0 Alfonso Wyatt Trustee 2.0 2.0 X 0 0 0 Fatime Cadoo Parent Rep (non-voting) 2.0 0.0 X 0 0 0 Ellanor Bodie Brizendine Trustee (non-voting) 2.0 2.0 X 0 0 0 KEith MEISTER TRUSTEE (NON-VOTING) 2.0 3.0 X 0 0 0 1015035 1291703 575977 27 false true false SYSCO FOOD SERVICES METRO NY 20 THEODORE CONRAD DR JERSEY CITY NJ 07305 FOOD DELIVERY 1201055 school professionals 420 lexington ave NEW YORK NY 10017 substitute teaching 383903 testrocker inc 131 varick st NEW YORK NY 10013 copy machines 338400 Institute for Family Health 230 west 17th street NEW YORK NY 10011 Nursing Services 236963 private chauffeur club PO Box 286 NEW YORK CITY NY 10128 transportation svcs 148371 14 2166961 21931958 1355825 0 25454744 0 49 49 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 900099 58517 58517 58517 25513310 58566 0 0 0 0 0 0 14075982 13442562 633420 329609 314777 14832 2376209 2269280 106929 1177271 1124294 52977 0 0 22234 21233 1001 0 0 0 853713 815296 38417 0 213031 203445 9586 315910 301694 14216 0 2178418 1978622 199796 4523 4319 204 0 0 0 0 3139 2998 141 147874 141220 6654 FOOD 800409 800409 0 0 CLASSROOM SUPPLIES 304295 304295 SPECIAL SERVICES/INCENTIVES 134474 134474 0 0 STUDENT TRAVEL 133100 133100 0 0 566652 545683 20969 23636843 22537701 1099142 0 2432419 5279271 131841 0 450237 1032951 0 0 0 0 0 0 0 0 0 0 37034 0 335561 307233 25327 28328 0 0 0 0 0 0 0 0 4051531 3007496 7128389 9348046 2170313 2430612 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2387822 2470713 4558135 4901325 X 2570254 4446721 0 0 2570254 4446721 7128389 9348046 1876467 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57734 36012 21722 235830 229224 6606 41997 41997 28328 DUE FROM RELATED PARTIES 2885402 OTHER ASSETS 122094 3007496 0 DEFERRED COMPENSATION PAYABLE 2139599 PAYCHCK PROTECT PROG LOAN BALANCE 331114 2470713 X 27774810 2261500 2261500 25513310 25513310 25898343 2261500 2261500 23636843 23636843 Schedule D, Fin 48 Footnote The School recognizes the tax effects from an uncertain tax position in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The School is exempt from federal income tax under Internal Revenue Code ("IRC") section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the IRC. The school has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The school has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements for the years ending June 30, 2020 or 2019. true true true true true true true false false false false false false false false true false true Form 990, Schedule E, Line 3 THE HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF PRIOR ACADEMIC ACHIEVEMENT, ATHLETIC ABILITY, DISABILITY, RACE, CREED, NATIONAL ORIGIN, GENDER, RELIGION, OR ANY OTHER GROUNDS THAT WOULD BE UNLAWFUL. THE SCHOOL'S ADMISSIONS PROCEDURES ARE CONSISTENT WITH THE PROVISIONS OF NEW YORK EDUCATION LAW 2854(2). FORM 990, SCHEDULE E, LINE 6A UNDER THE SCHOOL'S CHARTER SCHOOL AGREEMENT AND THE CHARTER SCHOOLS ACT, THE SCHOOL IS ENTITLED TO RECEIVE FUNDING FROM FEDERAL, STATE AND LOCAL SOURCES THAT ARE AVAILABLE TO PUBLIC SCHOOLS. THESE FUNDS INCLUDE STATE PUPIL ENROLLMENT FUNDS, FEDERAL FOOD SUBSIDIES AND TITLES I, ii and iv funding. false true false false false false false true false Geoffrey Canada Chairman 0 120829 0 75000 0 0 0 4671 0 26622 0 227122 0 0 Ryan Carroll Education Director 127414 0 54565 0 0 0 42794 0 20805 0 245578 0 29565 0 James d Hutter Chief Financial Officer 0 338806 0 50000 0 0 0 85276 0 26322 0 500404 0 0 Anne Williams-Isom Chief Exec. Officer/President 0 288633 0 273236 0 0 0 135276 0 8842 0 705987 0 93236 Shondell James Principal, PA II Elementary 175706 0 60222 0 0 0 44580 0 19235 0 299743 0 35222 0 Kashif A Hameed principal 80421 74605 25500 35222 0 0 44536 0 21077 1765 171534 111592 0 35222 Amy Deal Principal, Middle School 149401 35372 30000 0 0 0 50871 0 20805 0 251077 35372 0 0 Katherine Da Silva-Hurtado Prin. PA-II HS (thru 06/2019) 68592 0 243214 0 0 0 22500 0 0 0 334306 0 228214 0 Schedule J, Part I, Line 4(b) HARLEM CHILDREN'S ZONE maintains A SECTION 457(F) PLAN and a supplemental Bonus plan FOR CERTAIN ELIGIBLE EMPLOYEES of the school. These plans ("THE PLANs") are TAX-DEFERRED EMPLOYEE SAVINGS PLANS THAT AIM TO SERVE AS A RETENTION TOOL FOR DIRECTORS, OFFICERS, PRINCIPALS AND SENIOR STAFF. HARLEM CHILDREN'S ZONE MAKES AN ANNUAL DEPOSIT INTO THE PLAN THAT IS VALUED AT 150% OF THE INDIVIDUAL EMPLOYEE'S BONUS FOR THE CURRENT YEAR. THE EMPLOYEE'S ACCOUNT ACCUMULATES ASSOCIATED EARNINGS OR LOSSES ON THE INVESTMENT OF THE CONTRIBUTED AMOUNT IN THE NO MARGIN SENIOR GROWTH FUND, WHICH IS MANAGED BY THE DUQUESNE FAMILY OFFICE, AT NO COST TO THE HARLEM CHILDREN'S ZONE OR THE EMPLOYEE. THE AMOUNTS CONTRIBUTED BY THE HARLEM CHILDREN'S ZONE, ALONG WITH THE ASSOCIATED EARNINGS OR LOSSES, VEST AFTER FIVE YEARS FROM THE DATE OF THE INITIAL CONTRIBUTION AND WILL BE PAID TO ELIGIBLE EMPLOYEES WHEN VESTED. Beginning fiscal year 2016, the vesting period was bifurcated between teachers and administrative staff, such that amounts contributed to the Plan now vest three and five years after the date of the initial contribution for eligible teachers and administrative staff, respectively. TERMINATED EMPLOYEES BECOME VESTED IMMEDIATELY AT THE DATE OF THEIR TERMINATION. EMPLOYEES WHO MEET THE AGE AND SERVICE PROVISIONS OF THE PLAN (AGE VESTING) ARE VESTED IMMEDIATELY UPON MEETING THOSE PROVISIONS. HOWEVER, IF A PARTICIPATING EMPLOYEE LEAVES VOLUNTARILY, INCLUDING RETIREMENT IF THEY HAVE NOT REACHED THE AGE VESTING PROVISIONS, THEN THEIR CUMULATIVE UNVESTED CONTRIBUTION MADE BY HCZ AND ASSOCIATED EARNINGS OR LOSSES ARE FORFEITED. FOR CALENDAR YEAR 2019, EMPLOYEES RECEIVED A PAYOUT OF DEFERRED COMPENSATION FROM THE GROWTH FUND AND THOSE AMOUNTS HAVE BEEN RECORDED IN SCHEDULE J, PART II, COLUMN (B)(II) AND, BECAUSE THAT PAYOUT REPRESENTS COMPENSATION THAT WAS REPORTED ON PREVIOUS FORMS 990 AS DEFERRED COMPENSATION IN SCHEDULE J, PART II, COLUMN (C), IT IS RECORDED IN SCHEDULE J, PART II COLUMN (F). Geoffrey Canada, an officer of HCZ, met the age and service provisions of the 457 (F) Plan (Age Vesting) for calendar year 2019 that resulted in immediate vesting of HCZ's Growth Fund contribution. This amount is included in Form 990, Schedule J, Column B (ii). The following individual reported as Highly Compensated Employees on the Promise Academy's Form 990 received a payout of their accumulated earnings in the Harlem Children's Zone Growth Fund Plan in calendar year 2019: Katherine Da Silva - Hurtado - Principal. This Growth Fund payout is disclosed in Form 990, Schedule J, Part II, Column (b)(ii). SCHEDULE J, PART I, LINE 7 AS NOTED IN THE NARRATIVE TO FORM 990, PART VI, LINE 15, ALL BONUSES OR MERIT PAY INCREASES ISSUED TO PROMISE ACADEMY II EMPLOYEES ARE DETERMINED BY THE CEO, ANNE WILLIAMS-ISOM, with input from the superintendent. ALL BONUSES ARE PERFORMANCE BASED AND THE RECIPIENTS ARE NOT PROVIDED ANY INPUT INTO THE AMOUNT OF THE BONUS RECEIVED. General Statement about Covid-19 Pandemic IN MARCH OF 2020, THE WORLD HEALTH ORGANIZATION OFFICIALLY DECLARED COVID-19, A DISEASE CAUSED BY THE NOVEL CORONAVIRUS, A PANDEMIC. THIS CAUSED MANY LOCAL AND NATIONAL GOVERNMENTS, INCLUDING NEW YORK STATE, TO IMPOSE RESTRICTIONS ON BUSINESS OPERATIONS, TRAVEL AND PUBLIC GATHERINGS. THE OUTBREAK HAS ADVERSELY IMPACTED THE LEVEL OF ECONOMIC ACTIVITY AROUND THE WORLD AND DISRUPTED NORMAL BUSINESS ACTIVITY IN EVERY SECTOR OF THE ECONOMY. AS A RESULT OF THE PANDEMIC, IN MID-MARCH 2020 THE SCHOOL MOVED TO VURTUAL INSTRUCTION FOR THE REMAINDER OF THE SCHOOL YEAR. IN ORDER TO MITIGATE THE IMPACT OF THE VIRUS, FOR THE 2020-2021 SCHOOL YEAR, THE SCHOOL HAS INCORPORATED ENHANCED SOCIAL DISTANCING, USE OF PERSONAL PROTECTIVE EQUIPMENT, TESTING, AND A COMBINATION OF REMOTE AND FACE-TO-FACE INSTRUCTION. THE FULL IMPACT OF THE COVID-19 OUTBREAK CONTINUES TO EVOLVE AS OF THE DATE OF THIS REPORT. EXTERNAL FACTORS, INCLUDING THE DURATION AND INTENSITY OF THE PANDEMIC, THE SHAPE OF THE ECONOMIC RECOVERY AND ITS IMPACT ON POTENTIAL GOVERNMENT FUNDING, AS WELL AD TIMING AND WIDESPREAD ADOPTION OF VACCINES, COULD HAVE AN IMPACT ON THE SCHOOL'S FUTURE OPERATING AND ADADEMIC RESULTS. In April 2020, the school was granted a loan (the "loan") in the aggregate amount of $2,705,375, pursuant to the Paycheck Protection Program (the PPP) under Division A, Title I of the CARES Act. As management believes there is reasonable assurance that the School will meet the terms for forgiveness of the loan, the loan was treated as a government grant whereby revenue will be recognized as the related qualifying expenses are incurred. FORM 990, PART VI LINE 11 - PROCESS USED TO REVIEW FORM 990 THE FORM 990 WAS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE BOARD OF TRUSTEES FOR DISCUSSION AND COMMENT. EACH BOARD OF TRUSTEES MEMBER WAS PROVIDED AN OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. LINE 12 - ENFORCEMENT OF CONFLICT OF INTEREST POLICY PROMISE ACADEMY II OPERATES UNDER THE CONFLICT-OF-INTEREST POLICY OF ITS INSTITUTIONAL PARTNER, HARLEM CHILDREN'S ZONE. ALL EMPLOYEES ARE EXPECTED TO USE HONESTY, GOOD JUDGEMENT AND HIGH ETHICAL STANDARDS IN ALL PROFESSIONAL DEALINGS. ALL EMPLOYEES MUST AVOID ANY ACTIONS THAT COULD CREATE A CONFLICT OF INTEREST OR THE APPEARANCE OF SUCH A CONFLICT OR REFLECT UNFAVORABLY ON THEM OR ON HARLEM CHILDREN'S ZONE PROMISE ACADEMY II. AN EMPLOYEE MUST DISCLOSE IF SHE/HE OR AN IMMEDIATE FAMILY MEMBER HAS ANY POTENTIAL CONFLICT OF INTEREST, SUCH AS A RELATIONSHIP TO A THIRD-PARTY VENDOR WHO SEEKS OR HAS A BUSINESS RELATIONSHIP WITH HARLEM CHILDREN'S ZONE PROMISE ACADEMY II. AN EMPLOYEE'S VIOLATION OF THIS POLICY, ESPECIALLY A FAILURE TO REPRESENT ACCURATELY HIS OR HER CONNECTION OR ACTION ON BEHALF OF HARLEM CHILDREN'S ZONE PROMISE ACADEMY II AND A THIRD PARTY WILL CONSTITUTE GROUNDS FOR DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. LINES 13 & 14 - WHISTLEBLOWER AND DOCUMENT RETENTION POLICY THE PROMISE ACADEMY II OPERATES UNDER THE WHISTLEBLOWER AND DOCUMENT RETENTION POLICY OF ITS INSTITUTIONAL PARTNER, HARLEM CHILDREN'S ZONE. LINE 15 - PROCESS FOR DETERMINING COMPENSATION THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ANNE WILLIAMS-ISOM. THE PROCEDURES FOR DETERMINING MS. WILLIAMS-ISOM'S COMPENSATION PACKAGE ARE DOCUMENTED IN HARLEM CHILDRENS ZONE FORM 990 AS THAT ORGANIZATION PAYS HER COMPENSATION. MS. WILLIAMS-ISOM MAKES ALL COMPENSATION DECISIONS, with input from the superintendent, FOR THE EMPLOYEES AT THE PROMISE ACADEMY II, INCLUDING THE PRINCIPALS. TO THE EXTENT THAT ANY MERIT PAY OR BONUSES ARE WARRANTED, THE PRINCIPALS WILL MAKE RECOMMENDATIONS FOR TEACHERS AND ADMINISTRATORS. ALL BONUSES ARE STRICTLY TIED TO EMPLOYEE PERFORMANCE, USUALLY DETERMINED BY STUDENT ACADEMIC SUCCESS AND WELL-BEING. THE ORGANIZATION MAKES A CONSCIOUS EFFORT TO COMPENSATE ITS EXECUTIVES COMMENSURATE WITH THE MARKET. LINE 19 - AVAILABILITY OF DOCUMENTS TO THE PUBLIC PROMISE ACADEMY II MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE PUBLISHED ON ITS WEBSITE; ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. HARLEM CHILDREN'S ZONE 35 EAST 125TH STREET NEW YORK NY 10035 237112974 SOCIAL SVCS NY 7 501(C)(3) NA false HARLEM CHILDREN'S ZONE PROMISE ACADEMY I 245 west 129TH STREET NEW YORK NY 10027 760756768 SCHOOL NY 2 501(C)(3) hcz false false false true false false false false false false true false true true true true true true true Form 990, Schedule R PURSUANT TO THE TERMS OF A COMMITMENT LETTER BETWEEN HARLEM CHILDREN'S ZONE (HCZ) AND PROMISE ACADEMY II, HCZ, AS THE SCHOOL'S INSTITUTIONAL PARTNER, COMMITTED TO PROVIDE THE ACADEMY, DURING THE INITIAL FIVE-YEAR TERM OF ITS CHARTER, CERTAIN SERVICES AT NO COST. THE CHARTER SCHOOL HAS RENEWED ITS COMMITMENT LETTER WITH HARLEM CHILDREN'S ZONE FOR AN ADDITIONAL FIVE YEAR PERIOD THAT RUNS THROUGH JUNE 30, 2024. THESE SERVICES INCLUDE FINANCIAL MANAGEMENT, SOCIAL, TECHNOLOGY, FUNDRAISING, PUBLIC RELATIONS, AND TEACHING ASSISTANCE SERVICES. THE AMOUNT REPORTED FOR IN-KIND Services FOR THE YEAR ENDING JUNE 30, 2020 TOTALS $584,019. In addition, Promise Academy II receives contributed space (at two locations) from Harlem Children Zone and the Department of Education. The amount reported as contributed space is $1,677,481. Total affiliated donated services/space on the Form 990 for the year ending June 30, 2020 is $2,261,500. HCZ MAINTAINS A 457(F) PLAN FOR CERTAIN ELIGIBLE EMPLOYEES OF THE SCHOOL. EMPLOYEES BECOME ELIGIBLE TO PARTICIPATE IN THIS PLAN BASED SOLELY AT THE DISCRETION OF THE SCHOOL'S BOARD OF TRUSTEES. The amounts contributed will vest in either three or five years. HCZ PROVIDES THE SCHOOL WITH AN ANNUAL SUBSIDY TO COVER THIS COST BY CONTRIBUTING TO A HCZ INVESTMENT ACCOUNT. DURING FISCAL 2020, HCZ PROVIDED A SUBSIDY OF $1,134,821 FOR THE FISCAL 2020 CONTRIBUTION TO THE 457(F) PLAN.