2021-05-17T16:28:08-05:00 2020-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-07-01 833596682 CAPITAL PREP CHARTER SCHOOLS NY CAPI 2123289370 777 MAIN STREET BRIDGEPORT CT 06604 DEREK FERGUSON BOARD CHAIR 2123289370 2021-05-17 1 GARRETT M HIGGINS P00543209 9143818900 2021-05-14 2019 2022-09-23 18:48:47Z DEREK FERGUSON 777 MAIN STREET BRIDGEPORT CT 06604 10220451 0 X WWW.WEARECAPITALPREP.ORG X 2018 NY TO PROVIDE HISTORICALLY DISADVANTAGED STUDENTS WITH THE COLLEGE AND CAREER READINESS SKILLS NEEDED TO BECOME RESPONSIBLE AND ENGAGED CITIZENS FOR SOCIAL JUSTICE. 10 10 63 10 0 0 0 1761227 0 8459224 0 0 0 0 0 10220451 0 0 0 0 0 5009897 0 0 2631 0 3674061 0 8683958 0 1536493 0 4117668 0 1617548 0 2500120 X TO PROVIDE HISTORICALLY DISADVANTAGED STUDENTS WITH THE COLLEGE AND CAREER READINESS SKILLS NEEDED TO BECOME RESPONSIBLE AND ENGAGED CITIZENS FOR SOCIAL JUSTICE.CAPITAL PREP CHARTER SCHOOLS NY STRIVES TO ENSURE THAT ALL STUDENTS ARE ABLE TO DO SO BY OFFERING A RIGOROUS COLLEGE PREPARATORY CURRICULUM, AN ECLECTIC VARIETY OF ATHLETIC PROGRAMS, AS WELL AS A GIFTED & TALENTED PROGRAM FOR STUDENTS WHO DEMONSTRATE EXTRAORDINARY ACADEMIC ACHIEVEMENT. 0 0 7981526 8459224 CAPITAL PREP CHARTER SCHOOLS NY HOLDS THE CHARTER FOR TWO SCHOOLS: CAPITAL PREPARATORY HARLEM CHARTER SCHOOL AND CAPITAL PREPARATORY BRONX CHARTER SCHOOL. THE SCHOOLS PROVIDED EDUCATION TO APPROXIMATELY 371 STUDENTS IN GRADES SIXTH THROUGH EIGHTH DURING THE 2019-2020 ACADEMIC YEAR. 7981526 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 25 0 63 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TYWONE REDMOND 2123289370 777 MAIN STREET BRIDGEPORT CT 06604 ISAIAH BROWN PRINCIPAL 50.00 X 52500 67500 15428 TYWONE REDMOND PRINCIPAL 50.00 X 56753 24500 9543 REGINALD RICHARDSON PRINCIPAL (THRU NOV 2019) 50.00 X 42729 34375 13157 DEREK FERGUSON BOARD CHAIR 1.00 X X 0 0 0 MAURICE L COLEMAN TREASURER 1.00 X X 0 0 0 DR STEPHEN PERRY SECRETARY 1.00 X X 0 0 0 TARIK BROOKS TRUSTEE 1.00 X 0 0 0 DANIQUE DAY TRUSTEE 1.00 X 0 0 0 REV GEORGIETTE MORGAN-THOMAS TRUSTEE 1.00 X 0 0 0 SUNNY HOSTIN TRUSTEE 1.00 X 0 0 0 DIA SIMMS TRUSTEE 1.00 X 0 0 0 JAMES STOVAL TRUSTEE 1.00 X 0 0 0 RAMIK WILLIAMS TRUSTEE 1.00 X 0 0 0 151982 126375 38128 0 0 0 0 CAPITAL PREPARATORY SCHOOLS 777 MAIN STREET BRIDGEPORT CT 06604 MANAGEMENT SERVICES 744227 SCHOOL PROFESSIONALS 622 THIRD AVENUE 39TH FL NEW YORK NY 10017 STAFFING SERVICES 147679 2 812771 948456 39208 1761227 GOV'T PER PUPIL REVENUE 611110 8459224 8459224 8459224 10220451 8459224 0 0 314416 293161 21105 150 3597888 3352611 243524 1753 17799 16740 1053 6 714882 672318 42320 244 364912 343185 21602 125 878336 786111 92225 116166 116166 30198 30198 321246 310800 10442 4 65462 61744 3712 6 48621 27454 21159 8 159304 149820 9443 41 1302890 1238457 64193 240 274577 263867 10684 26 55508 52567 2931 10 SUPPLIES & MATERIALS 92168 92168 REPAIRS AND MAINTENANCE 91703 87178 4508 17 FOOD SERVICE 88230 88230 STUDENT SERVICES 69373 69373 80279 75742 4536 1 8683958 7981526 699801 2631 0 1781188 0 75000 0 662830 69344 1655015 767709 0 887306 0 642000 0 4117668 0 57530 0 1560018 0 1617548 X 0 2083120 0 417000 0 2500120 0 4117668 X 1536493 963627 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 466580 322665 143915 658411 297545 360866 530024 147499 382525 887306 SECURITY DEPOSIT 642000 642000 PAYCHECK PROTECTION PROGRAM LOAN 702830 PROMISSORY NOTE FROM AFFILIATE 400000 DEFERRED RENT 240208 DUE TO AFFILIATE 216980 1560018 X 10220451 0 10220451 0 10220451 8683958 0 8683958 0 8683958 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ALL RETURNS FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATION POLICY THROUGH ITS INTERNET WEBSITE. SCHEDULE E, PART I, LINE 4 THE SCHOOL IS FREE TO ALL STUDENTS, IT DID NOT AND DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS FEDERAL, AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X 28967 COST X SUPPLIES 2 10241 COST 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS REPORTED IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL IS MANAGED BY CAPITAL PREPARATORY SCHOOLS, INC., A TAX-EXEMPT CHARTER SCHOOL MANAGEMENT ORGANIZATION THAT PROVIDES BUSINESS, ADMINISTRATIVE, AND ACADEMIC SERVICES TO THE SCHOOL. DURING THE YEAR ENDING JUNE 30, 2020, THE SCHOOL INCURRED $878,336 IN MANAGEMENT FEES. NO INDIVIDUALS LISTED ON FORM 990, PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND ELECTRONICALLY PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO TRUSTEES, OFFICERS, AND EMPLOYEES. PRIOR TO INITIAL ELECTION OR APPOINTMENT, AND THEREAFTER ON AN ANNUAL BASIS, TRUSTEES MUST DISCLOSE ANY RELATIONSHIPS OR FINANCIAL INTERESTS THAT MAY PRESENT A CONFLICT OF INTEREST. EACH TRUSTEE MUST ANNUALLY SIGN A STATEMENT, WHICH AFFIRMS THAT THEY RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. OFFICERS, TRUSTEES, AND EMPLOYEES HAVE A DUTY TO PROMPTLY DISCLOSE THE EXISTENCE OF ANY POTENTIAL CONFLICT. ALL POTENTIAL AND ACTUAL CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD. ANY TRUSTEE, OFFICER, OR EMPLOYEE TO WHOM THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES MUST LEAVE THE ROOM WHILE DELIBERATIONS ARE CONDUCTED. ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST MUST BE APPROVED BY NOT LESS THAN A MAJORITY VOTE OF THE BOARD MEMBERS PRESENT AND VOTING AT THE MEETING. NO TRUSTEE, OFFICER OR EMPLOYEE MAY VOTE, ACT, OR ATTEMPT TO INFLUENCE IMPROPERLY THE DELIBERATIONS, AS APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE SCHOOL'S PRINCIPALS WAS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. THE FORMS 990 OF OTHER ORGANIZATIONS, DATA GATHERED BY AN INDEPENDENT CONSULTANT, AND A COMPENSATION COMPARISON STUDY OF SIMILAR ORGANIZATIONS WAS UTILIZED AS PART OF THE PROCESS. THE PROCESS AS OUTLINED ABOVE WAS LAST CONDUCTED IN 2020 AND WAS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT 777 MAIN STREET, BRIDGEPORT, CT 06604 OR BY CALLING THE ORGANIZATION DIRECTLY AT (917)838-3684. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS PURSUANT TO MERGER 963,627. FORM 990, PART XII, LINE 2C: THE SCHOOL'S AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE SCHOOL'S FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT ACCOUNTANT. CAPITAL PREPARATORY HARLEM CHARTER SCHOOL 1 EAST 104TH STREET NEW YORK NY 10029 472608621 INACTIVE DUE TO MERGER NY 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0