2021-04-08T08:42:16-05:00 2020-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2019-07-01 264646416 PUBLIC PREPARATORY NETWORK INC PUBL 2123466000 192 E 151ST ST BRONX NY 10451 JANELLE BRADSHAW CEO 2123466000 2020-12-22 1 JACQUELINE B LEE CPA P00842765 5854231860 2020-12-26 2019 2022-09-23 18:48:47Z JANELLE BRADSHAW 192 E 151ST ST BRONX NY 10451 7096954 0 X WWW.PUBLICPREP.ORG X 2008 NY PUBLIC PREP NETWORK IS A NONPROFIT ORGANIZATION THAT DEVELOPS SINGLE-SEX ELEMENTARY AND MIDDLE PUBLIC SCHOOLS THAT PURSUE EXCELLENCE THROUGH CONTINUOUS LEARNING AND DATA-DRIVEN INSTRUCTION. OUR MODEL IS DESIGNED TO EMPOWER EACH STUDENT TO BUILD STRONG CHARACTER, DEMONSTRATE CRITICAL THINKING, POSSESS A CORE BODY OF KNOWLEDGE AND BE ON A PREDICTIVE PATH TO EARN A DEGREE FROM A FOUR-YEAR UNIVERSITY 8 6 51 8 0 0 1506040 1402085 4436573 5514839 -5764 630 -131375 -19728 5805474 6897826 398668 570000 0 0 4386990 4531738 0 0 112932 1638316 1483567 6423974 6585305 -618500 312521 1375025 1870624 2005646 2188724 -630621 -318100 THE ORGANIZATION'S PURPOSE IS TO MANAGE AND SUPPORT A NETWORK OF OPEN-ENROLLMENT FREE COLLEGE PREPARATORY CHARTER SCHOOLS COMMITTED TO HIGH ACADEMIC STANDARDS, MERIT, CITIZENSHIP AND RESPONSIBILITY IN NEW YORK CITY'S NEEDIEST NEIGHBORHOODS. 0 0 5458881 570000 5514839 CHARTER SCHOOL MARKETING/RECRUITMENT, FUNDRAISING AS WELL AS ACADEMIC, ADMINISTRATIVE AND FINANCIAL SUPPORT. 5458881 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MICHELE CERWIN 2123466000 192 E 151ST ST BRONX NY 10451 BRYAN LAWRENCE DIRECTOR 1.00 X 0 0 0 PAUL A VERMYLEN JR TREASURER 1.00 2.00 X X 0 0 0 DOMINIQUE SCHULTE DIRECTOR (THRU AUG. 2019) 1.00 X 0 0 0 PHILIP O BRANDES DIRECTOR 1.00 X 0 0 0 MARK DIKER CHAIR 1.00 X X 0 0 0 MARGERY MAYER DIRECTOR 1.00 X 0 0 0 GREGORY JONES DIRECTOR (THRU MARCH 2020) 1.00 X 0 0 0 NICOLE KAIL GREENE VICE CHAIR 1.00 2.00 X X 0 0 0 SAMUEL GREENE DIRECTOR 1.00 X 0 0 0 SARAH BRITTON DIRECTOR 1.00 X 0 0 0 IAN ROWE CEO (THRU JUNE 2020) 40.00 2.00 X 367127 0 11854 JAMES T FARRIS MNG. DIR. OF FIN. 40.00 X 103749 0 23594 MICHELE CERWIN COO 40.00 X 165385 0 0 JANELLE BRADSHAW SUPT. THROUGH JUNE 2020 40.00 X 323931 0 36694 GIUSEPPA L CARBONE ASST. SUPERINTENDENT 40.00 X 172107 0 13227 EMILEE CHRISTOPHER MNG. DIR. OF TALENT 40.00 X 131324 0 25634 KAMERON LEWIS LEVIN CHIEF LEARNING OFFICER THRU AUG. 2019 40.00 X 106229 0 0 ELDRID SEQUEIRA DIR. OF DATA VIS. & MATH 40.00 X 131293 0 20386 EMILY ZAESKE DIR. OF STUDENT SUPPOR 40.00 X 133667 0 20375 RAFET ABDELJABBAR DIR. OF STAFF RECRUITMENT 40.00 X 107750 0 14795 CAITLIN OMEIS MNG DIR OF STUDENT & FAMILY AFFAIRS 40.00 X 106481 0 31756 1849043 0 198315 11 0 1 0 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 WEST 35TH STREET 301 NEW YORK NY 10001 FINANCIAL SERVICES 192517 1 199139 1202946 179400 1402085 MANAGEMENT FEES 611430 5510667 5510667 OTHER INCOME 900099 4172 4172 5514839 57 57 179973 179400 573 573 573 0 199139 19728 -19728 -19728 6897826 5514839 0 -19098 570000 570000 1346851 1107162 205855 33834 2516578 2236950 224500 55128 61314 52336 7136 1842 335070 288346 37757 8967 271925 235218 30338 6369 1074 1074 29894 29894 414969 53138 360715 1116 187395 187395 86022 45538 39251 1233 77466 73593 3873 47174 40806 5263 1105 24500 21193 2733 574 29796 25774 3324 698 29508 25525 3292 691 STAFF DEVELOPMENT 245257 222555 22540 162 SCHOOL SUPPORT 228580 228580 TELEPHONE & INTERNET 42332 36617 4723 992 REPAIRS AND MAINTENANCE 15520 15520 24080 8155 15704 221 6585305 5458881 1013492 112932 508527 1491847 200537 0 448679 250000 43184 86927 130736 12783 212607 183540 43362 29067 1375025 1870624 476423 533457 568190 0 567500 961033 1087767 2005646 2188724 X -1105891 -588682 475270 270582 -630621 -318100 1375025 1870624 312521 0 X X 0 1 X 1 0 X 2364472 765526 1056204 1506040 1402085 7094327 2364472 765526 1056204 1506040 1402085 7094327 1845443 5248884 105 92 463 935 57 1652 7095979 18916334 0.73970 0.59570 X SCHEDULE A, PART I, LINE 7 THE ORGANIZATION RECEIVED AN IRS DETERMINATION LETTER WITH A PUBLIC CHARITY STATUS OF 509(A)(2). THE ORGANIZATION FAILED THE PART III TEST AND THEREFORE COMPLETED PART II TEST AND SELECTED BOX 7 ON SCHEDULE A, PART I. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 154637 125608 29029 57970 57932 38 29067 RELATED PARTY PAYABLES 1087767 1087767 X 7172265 254711 19728 274439 6897826 0 6897826 6859744 254711 19728 274439 6585305 0 6585305 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 19,728. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 19,728. GALA EVENT 198509 198509 4380 15348 198509 198509 4380 15348 19728 -19728 1 PUBLIC PREP CHARTER SCHOOL ACADEMIES 192 E 151ST ST BRONX NY 10451 810650329 501(C)3 570000 CHARTER SCHOOL SUPPORT PART I, LINE 2: PUBLIC PREPARATORY NETWORK INC. (PPN) PERFORMS CERTAIN MANAGEMENT RESPONSIBILITIES FOR PUBLIC PREP CHARTER SCHOOL ACADEMIES (PPA), A 501(C)(3) CHARTER SCHOOL. PPN IS INVOLVED IN THE DAILY OPERATIONS OF PPA AND THEREFORE MONITORS PPA'S RECORDS AND PROCEDURES. 1 X 0 0 0 0 0 0 0 0 0 IAN ROWE CEO (THRU JUNE 2020) 307127 0 60000 0 0 0 11854 0 0 0 378981 0 0 0 MICHELE CERWIN COO 165385 0 0 0 0 0 0 0 0 0 165385 0 0 0 JANELLE BRADSHAW SUPT. THROUGH JUNE 2020 258931 0 65000 0 0 0 10750 0 25944 0 360625 0 0 0 GIUSEPPA L CARBONE ASST. SUPERINTENDENT 172107 0 0 0 0 0 13227 0 0 0 185334 0 0 0 EMILEE CHRISTOPHER MNG. DIR. OF TALENT 131324 0 0 0 0 0 10748 0 14886 0 156958 0 0 0 ELDRID SEQUEIRA DIR. OF DATA VIS. & MATH 131293 0 0 0 0 0 5500 0 14886 0 151679 0 0 0 EMILY ZAESKE DIR. OF STUDENT SUPPOR 133667 0 0 0 0 0 5489 0 14886 0 154042 0 0 0 X 6 179400 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED WITH THE ASSISTANCE OF THE FINANCIAL CONSULTANT AND MANAGING DIRECTOR OF FINANCE AND OPERATIONS. IT IS REVIEWED BY THE CEO AND BOARD APPROVAL IS GIVEN BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE BOUND BY FIDUCIARY DUTY TO DISCLOSE ANY CONFLICTS. ANNUALLY A RESOLUTION IS ADOPTED REAFFIRMING A COMMITMENT TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 PUBLIC PREP HAS ESTABLISHED A SALARY SCALE FOR ALL STAFF POSITIONS. EMPLOYEE EXPERIENCE IS ANALYZED IN RELATION TO THE REQUIRED YEARS OF EXPERIENCE WITH THE JOB REQUIREMENTS. THE CEO IS AN EMPLOYEE OF THE ORGANIZATION AND COMPENSATION IS DETERMINED BY PPN'S BOARD. ANY CHANGES TO A STAFF MEMBER'S SALARY WILL BE APPROVED BY THE DIRECTOR OF HUMAN RESOURCES IN WRITING OR ELECTRONICALLY AND DOCUMENTED VIA A PAYROLL STATUS CHANGE FORM. A COPY OF THIS FORM WILL BE MAINTAINED IN THE EMPLOYEE FILE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS AND CAN BE PRESENTED UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS.