2020-06-26T12:15:59-05:00 2019-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2018-07-01 264646416 PUBLIC PREPARATORY NETWORK INC PUBL 2123466000 192 E 151ST ST BRONX NY 10451 IAN ROWE CEO 2123466000 2020-06-24 1 JACQUELINE B LEE CPA P00842765 5854231860 2020-05-30 69.49.130.51 2020-06-24 09:44:16 ED P 805B9CC2126C521948AA0F5D643D5B3FAACFF875 805B9CC2126C521948AA0F5D643D5B3FAACFF875 2018 2020-09-22 18:59:49Z X IAN ROWE 192 E 151ST ST BRONX NY 10451 6387358 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 8 44 10 0 0 1056204 1506040 3816416 4436573 -58 -5764 -51259 -131375 4821303 5805474 259800 398668 0 0 3583422 4386990 0 0 136593 1393012 1638316 5236234 6423974 -414931 -618500 1043970 1375025 1056091 2005646 -12121 -630621 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 5237758 398668 4436573 CHARTER SCHOOL MARKETING/RECRUITMENT, FUNDRAISING AS WELL AS ACADEMIC, ADMINISTRATIVE AND FINANCIAL SUPPORT. 5237758 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 44 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 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 ERIC GRANNIS VICE CHAIR THRU 2/6/19 1.00 X X 0 0 0 PAUL VERMYLEN TREASURER 1.00 X X 0 0 0 DOMINIQUE SCHULTE DIRECTOR THRU 8/2019 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 GREG JONES DIRECTOR THRU 3/4/20 1.00 X 0 0 0 NICOLE KAILE GREENE VICE CHAIR 1.00 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 40.00 X 332205 0 41823 DANIELLE KEEN TSCHIRHART MD FINANCE & OPERATIONS THRU 6/30/19 40.00 X 137471 0 23751 MICHELE CERWIN COO (AS OF 4/2019) 40.00 X 0 0 0 JANELLE BRADSHAW SUPERINTENDENT 40.00 X 267593 0 39256 GIUSEPPA L CARBONE ASSISTANT SUPERINTENDENT 40.00 X 178677 0 12911 EMILEE CHRISTOPHER MANAGING DIRECTOR OF TALEN 40.00 X 119495 0 24828 KAMERON LEWIS LEVIN CHIEF LEARNING OFFICER 40.00 X 177562 0 28158 CATHERINE PREFONTAINE HAUSMANN DIRECTOR OF ELA INSTRUCTION 40.00 X 133645 0 294 ELDRID SEQUEIRA DIRECTOR OF STEM INSTRUCTION 40.00 X 133653 0 20071 EMILY ZAESKE DIRECTOR OF STUDENT SUPPORT 40.00 X 131215 0 13990 1611516 0 205082 12 0 1 0 CHARTER SCHOOL BUSINESS MANAGEMENT INC 237 WEST 35TH STREET 301 NEW YORK NY 10001 FINANCIAL SERVICES 147558 436 EAST 149TH SREET REALTY MANAGEMENT L 436 EAST 149TH ST BRONX NY 10018 RENT 130456 METAMORPHOSIS 26 BROADWAY SUITE 1304 NEW YORK NY 10004 PROFESSIONAL DEVELOPMENT 105530 3 630783 2873 872384 450509 1506040 MANAGEMENT FEES 611430 4430460 4430460 OTHER INCOME 900099 6113 6113 4436573 935 935 443810 450509 -6699 -6699 -6699 0 630783 131375 -131375 -131375 5805474 4436573 0 -137139 398668 398668 1228700 867163 340493 21044 2512923 2314095 116246 82582 67914 63942 1398 2574 344343 308886 25123 10334 233110 199450 27120 6540 51391 51391 18753 18753 394731 139277 253855 1599 245349 245349 253020 142368 105984 4668 53782 2258 51524 158129 135295 18397 4437 31074 26587 3615 872 26144 22369 3042 733 25304 21650 2944 710 SCHOOL SUPPORT 189888 189888 STAFF DEVELOPMENT 161778 159396 1919 463 REPAIRS AND MAINTENANCE 27667 27667 EQUIPMENT AND FURNISHIN 1306 1117 152 37 6423974 5237758 1049623 136593 304891 508527 200457 200537 373179 448679 0 43184 34140 130736 197106 153744 69506 43362 61797 0 1043970 1375025 605579 476423 1200 568190 449312 961033 1056091 2005646 X -989787 -1105891 977666 475270 -12121 -630621 1043970 1375025 -618500 0 X X 0 1 X 1 0 X 2554558 2364472 765526 1056204 1506040 8246800 2554558 2364472 765526 1056204 1506040 8246800 3332314 4914486 94 105 92 463 935 1689 837 837 8249326 16010105 0.59570 0.46220 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 197106 153744 43362 43362 RELATED PARTY PAYABLES 961033 961033 X 6209627 272778 131375 404153 5805474 0 5805474 6828127 272778 131375 404153 6423974 0 6423974 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, 2019, 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, 2016. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2016 THROUGH JUNE 30, 2019 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 131,375. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 131,375. GALA EVENT 629065 629065 42660 26635 60831 629065 629065 42660 26635 60831 130126 -130126 1 PUBLIC PREP CHARTER SCHOOL ACADEMIES 192 E 151ST ST BRONX NY 10451 810650329 501(C)3 398668 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 272205 0 60000 0 0 0 13809 0 28014 0 374028 0 0 0 DANIELLE KEEN TSCHIRHART MD FINANCE & OPERATIONS THRU 6/30/19 125371 0 12100 0 0 0 7677 0 16074 0 161222 0 0 0 JANELLE BRADSHAW SUPERINTENDENT 202593 0 65000 0 0 0 11098 0 28158 0 306849 0 0 0 GIUSEPPA L CARBONE ASSISTANT SUPERINTENDENT 162677 0 16000 0 0 0 12059 0 852 0 191588 0 0 0 KAMERON LEWIS LEVIN CHIEF LEARNING OFFICER 161062 0 16500 0 0 0 0 0 28158 0 205720 0 0 0 ELDRID SEQUEIRA DIRECTOR OF STEM INSTRUCTION 123268 0 10385 0 0 0 3919 0 16152 0 153724 0 0 0 X 6 450509 FMV 0 1 0 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.