2020-07-15T12:53:28-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-07-01 821888771 ZETA CHARTER SCHOOLS INC ZETA 9173302296 222 ALEXANDER AVE BRONX NY 10454 EMILY KIM CEO 9173302296 2020-07-15 1 GARRETT M HIGGINS P00543209 2122862600 2020-07-15 68.175.34.111 2020-07-15 11:28:13 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B29914CEB47F2C50F9800CDE5B5AE22990D509AB 2018 2021-01-29 14:40:06Z X EMILY KIM 222 ALEXANDER AVE BRONX NY 10454 4374556 0 X ZETASCHOOLS.ORG X 2017 DE ZETA CHARTER SCHOOLS INC, IS DEDICATED TO SUPPORTING SCHOOLS, ASSISTING IN THE CREATION OF SCHOOLS, AND UNDERTAKING OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 3 3 9 3 0 0 3231746 994929 0 3379202 270 425 0 0 3232016 4374556 0 331205 0 0 327395 1344584 0 0 78827 286035 2269998 613430 3945787 2618586 428769 3972223 6308076 1353637 3260721 2618586 3047355 ZETA CHARTER SCHOOLS INC, IS DEDICATED TO SUPPORTING SCHOOLS, ASSISTING IN THE CREATION OF SCHOOLS, AND UNDERTAKING OTHER ACTIVITIES AS ARE CONSISTENT WITH THE GOAL OF PROMOTING AND SUPPORTING EDUCATIONAL ACHIEVEMENT. 0 0 3100851 331205 3379202 ZETA CHARTER SCHOOLS, INC. BUILDS AND SUPPORTS THE ZETA CHARTER SCHOOLS NYC NETWORK OF HIGH PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS. THE ORGANIZATION PROVIDES STARTUP AND ONGOING ACADEMIC, BUSINESS AND DEVELOPMENT SUPPORT TO THE SCHOOLS. 3100851 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X EMILY KIM 9173302296 222 ALEXANDER AVE BRONX NY 10454 ALLEN THORPE CHAIRPERSON 1.00 X X 0 0 0 LINDA ZHANG TRUSTEE 1.00 X 0 0 0 KEN HIRSH TRUSTEE 1.00 X 0 0 0 EMILY KIM CEO 50.00 X 246266 0 8120 PAOLA STEPANIAN MANAGING DIR. OF ACADEMICS 50.00 X 140070 0 9891 386336 0 18011 2 0 1 0 VRD CONTRACTING 25 ANDREA ROAD HOLBROOK NY 11741 CONSTRUCTION SERVICES 233597 CHARTER SCHOOL BUSINESS MANAGEMENT 237 WEST 35TH STREET STE 301 NEW YORK NY 10001 FINANCIAL MANAGEMENT SERVICES 217063 KING ROSE OF NY INC 307 WEST 38TH STREET STE 1701 NEW YORK NY 10018 CONSTRUCTION SERVICES 194767 INTERIOR BUILDING SERVICES INC 247 WEST 37TH STREET 12TH FL NEW YORK NY 10018 CONSTRUCTION SERVICES 153129 4 994929 994929 RENTAL FEES 532000 2331269 2331269 SCHOOL MANAGEMENT FEES 541610 1047933 1047933 3379202 425 425 4374556 3379202 0 425 331205 331205 242257 190192 41891 10174 916593 719602 158497 38494 26011 20421 4498 1092 66239 52003 11454 2782 93484 73393 16165 3926 135664 59513 76151 20853 20853 27000 27000 391464 193636 197828 64437 52939 10360 1138 27163 22061 4628 474 29138 23938 4685 515 829394 816947 12447 31092 25544 4999 549 736 605 118 13 87600 87600 439738 345231 76039 18468 51203 50435 768 REPAIRS AND MAINTENANCE 77403 76241 1162 STAFF DEVELOPMENT 49248 40460 7918 870 OTHER 7865 6485 1048 332 3945787 3100851 766109 78827 113888 681206 2000292 477172 10000 3152 252864 0 52281 2922240 439738 377679 2482502 1477212 2352051 3972223 6308076 375637 298239 978000 2962482 1353637 3260721 X 2618586 2627355 0 420000 2618586 3047355 3972223 6308076 428769 0 X 0 1 X 0 0 X 3231746 994929 4226675 3231746 994929 4226675 2228011 1998664 270 425 695 4227370 3379202 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2188004 351057 1836947 159376 21378 137998 574860 67303 507557 2482502 DUE FROM ZETA CHARTER SCHOOLS - NYC 2127837 DEFERRED RENT 70574 SECURITY DEPOSITS 153640 2352051 X 4597182 222626 222626 4374556 0 4374556 4168413 222626 222626 3945787 0 3945787 PART X, LINE 2: THE NETWORK RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE NETWORK HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ALL FORMS 990 FILED BY THE NETWORK ARE SUBJECT TO EXAMINATION. 1 ZETA CHARTER SCHOOLS - NEW YORK CITY 160 WEST 85TH STREET 2B NEW YORK NY 10024 823452377 501(C)(3) 331205 GENERAL SUPPORT 1 0 PART I, LINE 2: ALL INCOME FROM A GRANT AND EXPENDITURES FROM THAT GRANT ARE ACCOUNTED FOR AS A DISTINCT, SEPARATE CATEGORY WITHIN OUR ACCOUNTING SYSTEM. THE PROGRAM ASSOCIATE USES DOCUMENTATION OF GRANT RESTRICTIONS TO DETERMINE WHAT EXPENSE CATEGORIES EACH FUNDER HAS COMMITTED TO FUND. PERIODICALLY, THE PROGRAM ASSOCIATE PRODUCES FUNDER REPORTS THAT TRACK EXPENSES FOR CURRENT AND PREVIOUS YEARS (TRANSFERS FROM TEMPORARILY RESTRICTED FUNDS) AND PROVIDES THEM TO MANAGEMENT. X X 0 0 0 0 0 0 0 1 0 EMILY KIM CEO 246266 0 0 0 0 0 3375 0 4745 0 254386 0 0 0 PART I, LINE 7 PAOLA STEPANIAN RECEIVED A BOARD-APPROVED PERFORMANCE-BASED BONUS IN FY19 IN THE AMOUNT OF $3,000. THIS AMOUNT IS REPORTED IN BOX 5 ON THE 2018 FORM W-2. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES TRINET, A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO"). AS A PROFESSIONAL EMPLOYER ORGANIZATION, TRINET PROVIDES PROFESSIONAL EMPLOYER SERVICES TO ZETA CHARTER SCHOOLS, INC. IN THE PEO RELATIONSHIP TRINET AND ZETA CHARTER SCHOOLS, INC. SHARE CERTAIN RESPONSIBILITIES AND ALLOCATE OTHER EMPLOYER RESPONSIBILITIES BETWEEN EACH OTHER. ZETA CHARTER SCHOOLS, INC. REMAINS AN EMPLOYER OF THE WORKSITE EMPLOYEES AND TRINET IS A CO-EMPLOYER OF ZETA CHARTER SCHOOLS' EMPLOYEES. ZETA CHARTER SCHOOLS, INC. HAS: DIRECTION AND CONTROL OVER EMPLOYEES AS IS NECESSARY TO CONDUCT ITS BUSINESS, DISCHARGE AND FIDUCIARY RESPONSIBILITY IT MAY HAVE, OR COMPLY WITH ANY APPLICABLE LICENSURE, REGULATORY OR STATUTORY REQUIREMENT OF ZETA CHARTER SCHOOLS, INC. CONTROL OVER THE DAY TO DAY JOB DUTIES OF EMPLOYEES AND OVER THE JOB SITES AT WHICH, OR FROM WHICH EMPLOYEES PERFORM SERVICES. TRINET RESERVES A RIGHT OF DIRECTION AND CONTROL OVER EMPLOYEES AS IS NECESSARY TO FULFILL ITS OBLIGATIONS AND PROVIDE ITS SERVICES UNDER AN AGREEMENT BETWEEN ZETA CHARTER SCHOOLS, INC. AND TRINET. THE TOTAL AMOUNT OF SERVICE FEE PAID TO TRINET FOR THE TAX YEAR ENDING 06/30/19 IS $65,147. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEETINGS WERE HELD DURING FISCAL YEAR 2019. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT FOR APPROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD THESE CHANGES TO THE AUDIT FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO A DIRECTOR'S INITIAL ELECTION TO THE BOARD, OR AN OFFICER'S OR SENIOR MANAGEMENT MEMBER'S EMPLOYMENT AT THE CORPORATION, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTORS,OFFICERS, AND SENIOR MANAGEMENT MEMBERS SHALL COMPLETE A DISCLOSURE STATEMENT, IN THE FORM ATTACHED HERE TO, DISCLOSING ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS. THE DISCLOSURE STATEMENTS WILL BE RECEIVED AND REVIEWED BY THE BOARD SECRETARY OR HIS/HER DESIGNEE AS CUSTODIAN, WHICH DESIGNEE SHALL BE THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER ("CEO") OR CHIEF LEGAL OFFICER, GENERAL COUNSEL, OR COMPLIANCE OFFICER IF ANY ("CLO"). THE BOARD SECRETARY OR HIS/HER DESIGNEE SHALL PROVIDE A COPY OF THE COMPLETED DISCLOSURE STATEMENTS TO THE BOARD CHAIR OR THE CHAIR OF THE AUDIT COMMITTEE (IF ANY). A COPY OF EACH DISCLOSURE STATEMENT SHALL BE KEPT IN THE ORGANIZATION'S ELECTRONIC FILES AND MADE AVAILABLE TO ANY DIRECTOR, OFFICER, OR SENIOR MANAGEMENT MEMBER UPON REQUEST. COVERED PERSONS AND OTHER STAFF ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SOON AS THEY ARE KNOWN, OR REASONABLY SHOULD BE KNOWN. DISCLOSURES SHOULD BE MADE IN ADVANCE, BEFORE ANY ACTION IS TAKEN ON THE MATTER THAT POSES AN ACTUAL OR POTENTIAL CONFLICT. ALL DISCLOSURES SHOULD BE BROUGHT TO THE ATTENTION OF THE BOARD CHAIRPERSON(S), THE GOVERNANCE/EXECUTIVE COMMITTEE, AND/OR THE BOARD SECRETARY OR HIS/HER DESIGNEE ( I.E. , THE CEO OR CLO), UNLESS ANY OF THE AFOREMENTIONED INDIVIDUALS IS THE INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST. IN GENERAL, INTERESTED PERSONS SHOULD RECUSE THEMSELVES FROM (1) ENGAGING IN DISCUSSIONS OR (2)RECEIVING INFORMATION RELATED TO THE CONFLICT SITUATION UNTIL, AT A DULY HELD MEETING OF THE BOARD OR GOVERNANCE/EXECUTIVE COMMITTEE AT WHICH QUORUM IS PRESENT, A MAJORITY OF DISINTERESTED DIRECTORS APPROVE THE PRESENCE, INVOLVEMENT, AND/OR PARTICIPATION OF THE INTERESTED PERSON. IN THE EVENT OF A CONFLICT OF INTEREST, THE BOARD MEMBERS WILL RECUSE THEMSELVES FROM VOTING UPON THESE MATTERS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES THE USE OF COMPARABLE DATA SUCH AS THE FORM 990 OF OTHER ORGANIZATIONS. AN ANNUAL REVIEW OF COMPENSATION, ACCOMPLISHMENTS AND SKILLS IS DONE BY THE BOARD. THE BOARD OF DIRECTORS REVIEWS THE COLLECTED DATA AND VOTES ON THE COMPENSATION. THE PROCESS LAST OCCURRED IN 2018, AND IS DOCUMENTED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS.