2020-07-14T08:11:57-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 134186070 VILLAGE ACADEMIES NETWORK INC VILL 6468129500 35 WEST 124TH STREET NEW YORK NY 10027 CHUCK KLEIN VICE PRESIDENT OF FINANCE 6468129500 2020-07-14 1 GARRETT M HIGGINS P00543209 2122862600 2020-06-08 47.18.172.68 2020-07-14 00:11:28 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5DA95DB661BFBF1E1CC10393D0405B5901069AC8 2018 2021-01-29 14:40:06Z HARLEM VILLAGE ACADEMIES CHUCK KLEIN 35 WEST 124TH STREET NEW YORK NY 10027 7683703 0 X HARLEMVILLAGEACADEMIES.ORG X 2001 NY TO IMPROVE PUBLIC EDUCATION BY DEVELOPING A MODEL PUBLIC SCHOOL SYSTEM THAT CAN BE REPLICATED. 12 12 39 12 0 0 5793087 4840348 912000 912000 13670 272462 123122 -202926 6841879 5821884 1005570 781713 0 0 2697359 2472645 65000 67000 758689 3335430 2796347 7103359 6117705 -261480 -295821 57200255 56230169 15938563 15264298 41261692 40965871 X PROMOTE THE COMMON GOOD THROUGH THE ADVANCEMENT OF EDUCATION FOR CHILDREN IN DISADVANTAGED AND LOW INCOME COMMUNITIES; SUCH ADVANCEMENT SHALL INCLUDE RESEARCH, DEVELOPMENT, AND TRAINING ON CURRICULUM AND INSTRUCTIONAL PRACTICE, THE PROVISION OF CHARITABLE AND EDUCATIONAL SERVICES, AND THE DESIGN OF A MODEL PUBLIC SCHOOL SYSTEM. 0 0 4454436 781713 912000 THE ORGANIZATION SUPPORTED SCHOOLS THROUGH ENRICHMENT PROGRAMS, EDUCATIONAL MATERIALS, PROFESSIONAL DEVELOPMENT, TEACHER RECRUITING, CURRICULUM AND STANDARDS DEVELOPMENT, FAMILY AND COMMUNITY OUTREACH, START-UP AND EXPANSION SUPPORT AND OPERATIONAL SUPPORT SERVICES, INCLUDING FISCAL MANAGEMENT SUPPORT. 4454436 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 59 0 39 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CHUCK KLEIN 6468129571 35 WEST 124TH STREET NEW YORK NY 10027 JEFFREY MAYER CHAIRMAN 1.00 X X 0 0 0 JOHN LEGEND VICE-CHAIRMAN 1.00 X X 0 0 0 JEFFREY VERSCHLEISER TREASURER/SECRETARY 1.00 X X 0 0 0 ROBERT BARNETT DIRECTOR 1.00 X 0 0 0 KATIE COURIC DIRECTOR 1.00 X 0 0 0 JONATHAN GRAY DIRECTOR 1.00 X 0 0 0 HUGH JACKMAN DIRECTOR 1.00 X 0 0 0 THOMAS L KEMPNER JR DIRECTOR 1.00 X 0 0 0 EDWARD LEWIS DIRECTOR 1.00 X 0 0 0 LORI MOORE DIRECTOR 1.00 X 0 0 0 JANE OCH DIRECTOR 1.00 X 0 0 0 JEFF WILPON DIRECTOR 1.00 X 0 0 0 DEBORAH A KENNY CHIEF EXECUTIVE OFFICER 40.00 X 595514 0 23949 ROBERT OLLWERTHER CHIEF OPERATING OFFICER 40.00 X 316552 0 33414 CHARLES KLEIN VICE PRESIDENT OF FINANCE 40.00 X 204204 0 19357 KEVIN TALLAT-KELPSA CHIEF OF ELEMENTARY EDUCATION 40.00 X 163638 0 15786 PAUL LOMEDICO EXTERNAL AFFAIRS AND ADMINISTRATION DIRECTOR 40.00 X 159810 0 15034 JASON EPTING ALUMNI COUNSELOR 40.00 X 148644 0 37903 ERICA NEWMAN VP OF SCHOOL OPERATIONS 40.00 X 137616 0 9419 CATHERINE KEANE ACADEMIC DIRECTOR 40.00 X 136829 0 17455 1862807 0 172317 14 0 1 0 LAVINIA GROUP LLC 1 MAIN STREET 5D BROOKLYN NY 11201 ACADEMIC CONSULTING 187048 MINDSHIFT TECHNOLOGIES PO BOX 200105 PITTSBURGH PA 15251 TECHNOLOGY CONSULTING 165791 TAURINO MANAGEMENT 67 BLACKBURN LANE MANHASSET NY 11030 CONSTRUCTION 159122 3 2881814 1958534 296403 4840348 RENTAL INCOME- SCHOOL 531120 912000 912000 912000 269338 269338 1514349 1511225 3124 3124 3124 92820 2881814 350594 -257774 -257774 OTHER INCOME 900099 54848 54848 54848 5821884 912000 0 69536 662000 662000 119713 119713 1323440 892526 248888 182026 641985 432955 120732 88298 197695 133325 37179 27191 207389 139863 39002 28524 102136 68880 19208 14048 13940 9401 2622 1917 33177 8145 23371 1661 67000 67000 26788 18066 5038 3684 8347 5629 1570 1148 86318 58213 16233 11872 166575 112338 31326 22911 165611 111688 31145 22778 47760 32209 8982 6569 267575 267575 614925 414704 115644 84577 910615 614118 171251 125246 59355 40028 11163 8164 RECRUITING 236945 236945 STUDENT ENRICHMENT 91746 61873 17254 12619 OTHER FUNDRAISING EXPEN 45551 45551 OTHER EXPENSES 21119 14242 3972 2905 6117705 4454436 904580 758689 326612 847433 7194634 6004515 2544521 1824155 173380 35000 82393 8418 40903194 5333342 36436320 35569852 10013814 10337646 428581 1603150 57200255 56230169 502203 268511 583860 643287 14852500 14352500 15938563 15264298 X 23858698 24427379 17402994 16538492 41261692 40965871 57200255 56230169 -295821 0 X X 0 1 X 1 0 X 7999752 4851813 4474848 5793087 4840348 27959848 7999752 4851813 4474848 5793087 4840348 27959848 7562077 20397771 5346 14424 15644 129341 269338 434093 369429 54848 424277 28818218 2736000 0.70780 0.70790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUND OF PROPERTY TAXES - 2017 AMOUNT: $ 369,429. OTHER INCOME - 2018 AMOUNT: $ 54,848. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6902710 6902710 33325274 4776145 28549129 170459 147638 22821 288897 196024 92873 215854 213535 2319 35569852 X 6195572 23094 350594 373688 5821884 0 5821884 6491393 23094 350594 373688 6117705 0 6117705 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENT 350,594. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENT 350,594. X X X X 1 STETWIN CONSULTING LLC 708 THIRD AVENUE 6TH FLOOR NEW YORK NY 10017 CONCERT FUNDRAISER 1 2974634 67000 2907634 2974634 67000 2907634 NY CONCERT 2974634 2881814 92820 105415 49905 106681 88593 2974634 2881814 92820 105415 49905 106681 88593 350594 -257774 1 HARLEM VILLAGE ACADEMY EAST CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 113661253 501(C)(3) 510000 TO ASSIST WITH OPERATING COSTS FOR THE SCHOOL YEAR 2018-2019. HARLEM VILLAGE ACADEMY WEST CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 223880680 501(C)(3) 152000 TO ASSIST WITH OPERATING COSTS FOR THE SCHOOL YEAR 2018-2019. 2 0 SCHOLARSHIPS 9 119713 PART I, LINE 2: THE ORGANIZATION REMITS FUNDS TO HARLEM VILLAGE ACADEMY EAST CHARTER SCHOOL AND HARLEM VILLAGE ACADEMY WEST CHARTER SCHOOL AT YEAR END AFTER ALL EXPENSES HAVE BEEN INCURRED. THE FUNDS ARE USED TO SUPPORT GENERAL OPERATING COSTS. IN ADDITION, THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS BASED ON ACADEMIC SUCCESS IN MIDDLE SCHOOL. X 1 1 X X X 0 0 0 0 0 0 0 1 0 DEBORAH A KENNY CHIEF EXECUTIVE OFFICER 292791 0 274750 0 27973 0 11000 0 12949 0 619463 0 0 0 ROBERT OLLWERTHER CHIEF OPERATING OFFICER 246156 0 70000 0 396 0 11000 0 22414 0 349966 0 0 0 CHARLES KLEIN VICE PRESIDENT OF FINANCE 184066 0 20000 0 138 0 8304 0 11053 0 223561 0 0 0 KEVIN TALLAT-KELPSA CHIEF OF ELEMENTARY EDUCATION 163500 0 0 0 138 0 6548 0 9238 0 179424 0 0 0 PAUL LOMEDICO EXTERNAL AFFAIRS AND ADMINISTRATION 159750 0 0 0 60 0 6398 0 8636 0 174844 0 0 0 JASON EPTING ALUMNI COUNSELOR 148584 0 0 0 60 0 6040 0 31863 0 186547 0 0 0 CATHERINE KEANE ACADEMIC DIRECTOR 136787 0 0 0 42 0 5527 0 11928 0 154284 0 0 0 PART I, LINE 1A THE CHIEF EXECUTIVE OFFICER RECEIVES A $25,000 HOUSING ALLOWANCE PER YEAR IN EQUAL INSTALLMENTS. THE AMOUNT IS REPORTED IN PART II, COLUMN (B)(III). PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED PERFORMANCE BONUSES AS REPORTED ON FORM 990, PART VII: DEBORAH A. KENNY, CHIEF EXECUTIVE OFFICER- $274,750 ROBERT OLLWERTHER, CHIEF OPERATING OFFICER- $70,000 CHARLES KLEIN, VP OF FINANCE- $20,000 X 2 296403 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT, AND THE FINANCE PERSONNEL OF THE BOARD OF DIRECTORS FOR APPROVAL. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD TO THE AUDITING FIRM, AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES (IF ANY). ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST MUST BE PROMPTLY DISCLOSED IN GOOD FAITH IN WRITING TO EACH MEMBER OF THE BOARD, TOGETHER WITH ALL MATERIAL FACTS KNOWN TO SUCH DIRECTOR, OFFICER OR EMPLOYEE IN WITH RESPECT TO THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST. ALL SUCH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST SHALL BE REVIEWED BY THE BOARD. ANY DIRECTOR, OFFICER OR EMPLOYEE TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES SHALL LEAVE THE ROOM WHILE DELIBERATIONS ARE CONDUCTED. ANY MATTER INVOLVING AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED BY NOT LESS THAN A MAJORITY VOTE OF THE BOARD MEMBERS PRESENT AND VOTING AT THE MEETING; PROVIDED, THAT THE DIRECTOR TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES SHALL NOT BE PERMITTED TO VOTE. THE MINUTES OF ALL MEETINGS OF THE BOARD AND ALL COMMITTEE MEETINGS AT WHICH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST IS CONSIDERED SHALL CONTAIN THE FOLLOWING: (I) THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE DETERMINED TO HAVE A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE NATURE OF THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AND THE BOARD'S DECISION AS TO WHETHER A CONFLICT OF INTEREST EXISTS. (II) THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO ANY DETERMINATIONS UNDER THIS POLICY, INCLUDING WHETHER THE DIRECTOR, OFFICER OR EMPLOYEE LEFT THE ROOM DURING ANY SUCH DISCUSSIONS, THE CONTENT OF SUCH DISCUSSIONS, AND WHETHER OR NOT THE TRANSACTION WAS APPROVED BY THE BOARD. THE MINUTES SHALL BE DOCUMENTED CONTEMPORANEOUSLY TO THE DISCUSSION AND DECISION REGARDING THE CONFLICT OF INTEREST. PRIOR TO THE INITIAL ELECTION OR APPOINTMENT OF A DIRECTOR TO THE BOARD, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTORS, IN ADDITION TO ALL OFFICERS AND EMPLOYEES, SHALL COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. EACH DIRECTOR, OFFICER AND EMPLOYEE SHALL ALSO ANNUALLY SIGN AND SUBMIT TO THE BOARD SECRETARY A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THIS POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF OFFICERS IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS BY BENCHMARKING AGAINST NON-PROFIT ORGANIZATIONS OF SIMILAR SIZE AND SCOPE. THE PROCESS WAS LAST CONDUCTED IN 2019 AND WAS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HVA 125 LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 270412844 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (HIGH SCHOOL FACILITY). NY 0 7615208 VILLAGE ACADEMIES NETWORK INC HVA 124 LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (ELEMENTARY SCHOOL FACILITY). NY 912000 24157508 VILLAGE ACADEMIES NETWORK INC HVA 60 WEST LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (GRADUATE SCHOOL FACILITY 1). NY 0 4086684 VILLAGE ACADEMIES NETWORK INC HVA 2011 LLC C/O 35 WEST 124TH STREET NEW YORK NY 10027 TO DEVELOP AND HOLD A REAL PROPERTY ASSET (GRADUATE SCHOOL FACILITY 2). NY 0 0 VILLAGE ACADEMIES NETWORK INC