2020-07-15T16:49:40-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 161571685 FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL INC FRIE 7182940841 3872 THIRD AVENUE BRONX NY 10457 NANCY GARVEY BOARD CHAIR 7182940841 2020-07-15 1 GARRETT M HIGGINS P00543209 2122862600 2020-07-13 47.18.172.68 2020-07-15 15:15:36 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5DA95DB661BFBF1E1CC10393D0405B5901069AC8 2018 2021-01-29 14:40:06Z NANCY GARVEY 3872 THIRD AVENUE BRONX NY 10457 52894 0 X N/A X 1999 NY TO PROVIDE SUPPORT TO DEMOCRACY PREP NEW YORK CHARTER SCHOOLS AND OTHER ORGANIZATIONS. 5 5 0 5 0 0 0 0 48000 48000 2840 4894 0 0 50840 52894 24330 18405 0 0 0 0 0 0 0 72026 140241 96356 158646 -45516 -105752 13872406 13836552 0 69897 13872406 13766655 TO PROVIDE SUPPORT TO DEMOCRACY PREP NEW YORK CHARTER SCHOOLS AND CONDUCT ACTIVITIES WHICH ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC, EDUCATIONAL AND LITERARY. 0 0 150631 18405 48000 THE ORGANIZATION PROVIDES SUPPORT TO DEMOCRACY PREP NEW YORK CHARTER SCHOOLS AND OTHER ORGANIZATIONS THAT ARE EXEMPT FROM TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. IN FISCAL YEAR 2019, FORTY FIVE ALUMNI OF BRONX PREP HIGH SCHOOL RECEIVED ASSISTANCE IN THE FORM OF REIMBURSEMENTS FOR COLLEGE ACCESS AND SUCCESS EXPENSES AS PART OF THE ALUMNI AND COLLEGE ACCESS PROGRAM. 150631 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X SYDNEY MOSHETTE CONTROLLER 6468299659 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 X NANCY GARVEY BOARD CHAIR 10.00 X X 0 0 0 DEBORAH EVANGELAKOS TRUSTEE 5.00 X 0 0 0 BRIAN BERGER TRUSTEE 5.00 10.00 X 0 0 0 PHIL WHARTON TRUSTEE 5.00 X 0 0 0 PHIL GELSTON TRUSTEE 5.00 X 0 0 0 GREG SPREEMAN CFO (UNTIL 11/18) 3.00 5.00 X 0 0 0 ANDREW STUBBS INTERIM CFO (AS OF 1/19) 3.00 5.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531190 48000 48000 48000 4894 4894 52894 48000 0 4894 18405 18405 2500 2500 40 40 56975 56975 33523 33523 REPAIRS & MAINTENANCE 41728 41728 ADMINISTRATIVE EXPENSES 4725 4725 NYS FILING FEE 750 750 158646 150631 8015 0 93178 115490 736764 738074 24750 0 18580 18326914 5559498 12824391 12767416 193323 196992 13872406 13836552 67914 0 1983 0 69897 X 13872406 13766655 13872406 13766655 13872406 13836552 -105752 0 X 0 0 0 X X 1 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 061581474 2 0 18405 0 1 18405 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART I, LINE 12G(VI): THE ORGANIZATION PROVIDED LOW INCOME RENTAL TO THE SUPPORTED ORGANIZATION. PART IV, SECTION A, LINE 1: SUPPORTED ORGANIZATIONS ARE DESIGNATED BY PURPOSE. THE PURPOSE FOR WHICH THE ORGANIZATION WAS FORMED WAS TO CREATE A PLAN FOR A CHARTER SCHOOL IN NEW YORK CITY, AND MAKE CONTRIBUTIONS TO SUCH SCHOOL AND TO OTHER ORGANIZATIONS THAT ARE EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SUPPORTED ORGANIZATION, DEMOCRACY PREP NEW YORK CHARTER SCHOOLS, IS A NYS CHARTER SCHOOL. PART IV, SECTION B, LINE 1: THE SUPPORTED ORGANIZATION OPERATES AND SUPERVISES THE SUPPORTING ORGANIZATION THROUGH COMMON MANAGEMENT. 658614 658614 17199700 5125322 12074378 117744 83320 34424 59156 59156 0 291700 291700 0 12767416 DUE TO DEMOCRACY PREP NEW YORK 1983 1983 1 SCHOLARSHIPS AND AWARDS 45 18405 PART I, LINE 2: THE ORGANIZATION PRESENTED THE DREAM DOLLAR SCHOLARSHIP FUND TO BRONX PREP HIGH SCHOOL (BPHS) ALUMNI. BPHS IS PART OF DEMOCRACY PREP NEW YORK CHARTER SCHOOLS. THE RECIPIENTS RECEIVED ASSISTANCE IN THE FORM OF REIMBURSEMENTS FOR COLLEGE ACCESS AND SUCCESS EXPENSES AS PART OF THE ALUMNI AND COLLEGE ACCESS PROGRAM. ASSISTANCE IS DETERMINED BASED ON NEED AND ALL EXPENDITURES ARE REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY AN AUDIT COMMITTEE OF THE BOARD FOR APPROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS AND TRUSTEES ON AN ANNUAL BASIS. OFFICERS AND TRUSTEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. AFTER DISCLOSURE OF A POTENTIAL CONFLICT, THE INDIVIDUAL IN QUESTION MUST RECUSE THEMSELVES FROM VOTING ON THE MATTER. SUCH MATTERS INVOLVING THE EXISTENCE OF CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 3872 THIRD AVENUE, BRONX, NY 10457, OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)294-0841. DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 3872 THIRD AVENUE BRONX NY 10457 061581474 TO OPERATE A CHARTER SCHOOL NY 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0