2020-07-10T08:05:12-05:00 2019-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2018-07-01 270400583 FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS INC FRIE 2122792288 555 EIGHTH AVE NO 1703 NEW YORK NY 10018 ELI WEISS PRESIDENT 2122792288 2020-07-09 1 MICHELLE CAIN P00150750 5854231860 2020-07-10 69.49.130.51 2020-07-09 09:33:15 ED P 4987B41C0E48731721AF41254D189BB6B6E52A6F 4987B41C0E48731721AF41254D189BB6B6E52A6F 2018 2020-09-22 18:59:49Z ELI WEISS 555 EIGHTH AVE NO 1703 NEW YORK NY 10018 6103838 0 X N/A X 2009 NY FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS, INC., ("FOHLA") WAS FOUNDED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF, HEBREW LANGUAGE CHARTER SCHOOLS IN NEW YORK STATE. 4 4 0 4 0 0 41831 18713 3834989 6085125 0 0 0 0 3876820 6103838 0 0 0 0 0 0 0 0 0 3439616 5347295 3439616 5347295 437204 756543 16982495 21464183 14699014 18424159 2283481 3040024 FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS, INC., ("FOHLA") WAS FOUNDED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF, HEBREW LANGUAGE CHARTER SCHOOLS IN NEW YORK STATE. 0 0 5346048 6085125 FOR THE YEAR ENDED JUNE 30, 2019, THE ORGANIZATION PROVIDED PROGRAMMATIC EXPENSE OF APPROXIMATELY $5,346,000 TO SUPPORT HEBREW LANGUAGE CHARTER SCHOOLS, LOCATED IN BROOKLYN, NY AND HARLEM, NY. SUCH SUPPORT INCLUDED OPERATING FUNDS TO ENABLE THE LEASING OF CLASSROOM SPACE AND THE FURNISHING OF RELATED REPAIRS & MAINTENANCE. 5346048 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X ELLY ROSENTHAL CFO 2127926241 555 EIGHTH AVE NO 1703 NEW YORK NY 10018 X ELI WEISS PRESIDENT 1.00 X X 0 0 0 JONATHAN ROSENBERG DIRECTOR 1.00 X 0 0 0 ELLY ROSENTHAL TREASURER 1.00 X X 0 0 0 RICHARD SHUSTER SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 PSG CONSTRUCTION CO INC 54 REGENTS DRIVE LIDO BEACH NY 11561 CONSTRUCTION SERVICES 1914589 147 EQUITIES CO ARTIMUS CONSTRUCTION 316 WEST 118 STREET NEW YORK NY 10026 RENT 1606604 MILL AVENUE DEVELOPMENT 54 REGENTS DRIVE LIDO BEACH NY 11561 RENT 1279471 COLE PARTNERS INC 59-12 57TH STREET MASPETH NY 11378 CONSTRUCTION SERVICES 364760 DBI 1261 BROADWAY 9TH FLOOR NEW YORK NY 10001 CONSTRUCTION SERVICES 231171 5 18713 18713 RENTAL INCOME 531110 6085125 6085125 6085125 6103838 6085125 0 0 47949 47949 8685 8685 3943679 3943679 786958 786958 461679 461679 74248 73001 1247 MISCELLANEOUS 13336 13336 REPAIRS AND OTHER 10761 10761 5347295 5346048 1247 0 366137 427895 6250 0 0 885585 4115 2781 19895041 1911822 15736449 17983219 869544 2164703 16982495 21464183 798536 503255 8632240 12153369 3575000 3150000 1693238 2617535 14699014 18424159 X 2283481 3040024 2283481 3040024 16982495 21464183 756543 0 X X 0 1 X 1 0 X 1269759 1380560 87059 41831 18713 2797922 1269759 1380560 87059 41831 18713 2797922 2797922 2797922 18084882 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17786825 1720405 16066420 191417 191417 0 1916799 1916799 17983219 DEFERRED LEASE RECEIVABLE 1965205 SECURITY DEPOSIT 199498 2164703 SECURITY DEPOSITS 199498 DEFERRED LEASE LIABILITY 2418037 2617535 X 6147168 43330 43330 6103838 0 6103838 5390625 43330 43330 5347295 0 5347295 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. 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. FORM 990, PART VI, SECTION A, LINE 2 BOTH ELI WEISS AND RICHARD SHUSTER WERE DIRECTORS ON HEBREW PUBLIC'S BOARD, ANOTHER 501(C)(3) ENTITY AT THE BEGINNING OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND THEN SUBMITTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. IF THE BOARD OF DIRECTORS HAVE ANY QUESTIONS THEY ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C UPON BEING ELECTED TO THE BOARD AND THEREAFTER ON AN ANNUAL BASIS, AS LONG AS A DIRECTOR REMAINS A MEMBER OF THE BOARD, DIRECTORS SHALL COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND ACKNOWLEDGMENT OF SUCH CONFLICT OF INTEREST POLICY. ANY POTENTIAL CONFLICTS, AS DEFINED BY THE POLICY, ARE REQUIRED TO BE REPORTED TO AND ARE VETTED BY THE BOARD. FOHLA'S PRACTICE IS TO HAVE A BOARD MEMBER RECUSE THEMSELVES FROM A VOTE ON A CONTRACT OR TRANSACTION WHERE THERE IS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIALS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS.