2020-07-15T23:03:34-05:00 2019-06-30 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2018-07-01 132940671 STOREFRONT ACADEMY HARLEM STOR 2124272862 70 E 129TH ST NEW YORK NY 100351133 ALEXIS THOMASON PRINCIPAL 2124272862 2020-07-16 1 WILLIAM SKODY P00631754 2129671100 2020-07-15 38.122.225.90 2020-07-16 00:03:28 ED P 744111110870A6F1869E9C7708983D3D0F8C87A4 744111110870A6F1869E9C7708983D3D0F8C87A4 2018 2020-09-23 17:36:50Z ALEXIS THOMASON 70 E 129TH ST NEW YORK NY 100351133 590873 0 X STOREFRONTACADEMY.ORG X 1966 NY STOREFRONT ACADEMY HARLEM IS AN INDEPENDENT TUITION-FREE SCHOOL IN HARLEM COMMITTED TO PROVIDING A COMPREHENSIVE EDUCATION TO CHILDREN WITH VARIED ACADEMIC STRENGTHS FROM PRE-SCHOOL THROUGH 8TH GRADE. 14 14 38 0 0 0 2113057 381217 0 6471 34746 9785 -43130 80125 2104673 477598 35000 178163 0 0 2216048 186731 0 0 0 1212366 486697 3463414 851591 -1358741 -373993 3657259 3272251 122949 97086 3534310 3175165 X STOREFRONT ACADEMY HARLEM IS AN INDEPENDENT TUITION-FREE SCHOOL IN HARLEM COMMITTED TO PROVIDING A COMPREHENSIVE EDUCATION TO CHILDREN WITH VARIED ACADEMIC STRENGTHS FROM PRE-SCHOOL THROUGH 8TH GRADE. OUR WORK IS GROUNDED ON THE CONVICTION THAT EVERY CHILD DESERVES THE OPPORTUNITY FOR AN EXCELLENT EDUCATION. WE WORK IN PARTNERSHIP WITH FAMILIES AND COMMUNITY MEMBERS TO PREPARE CHILDREN ACADEMICALLY SOCIALLY AND EMOTIONALLY FOR FURTHER EDUCATION EMPOWERING EACH CHILD TO REACH HIS OR HER POTENTIAL. 0 0 605095 178163 6471 IN ITS FIFTH DECADE, THE STOREFRONT HAS REPRESENTED THE STRONGEST POSSIBLE CASE FOR PROVIDING EXCEPTIONAL LEARNING OPPORTUNITIES TO UNDERSERVED CHILDREN FOR STUDENTS WITH A WIDE RANGE OF LEARNING ABILITIES. WE ARE PROUD OF THE SUCCESS OF OUR STUDENTS AND THE OPTIONS THIS GIVES THEM FOR HIGH SCHOOL ADMISSIONS. OVER SIXTY STUDENTS ATTENDED OUR SUMMER SCHOOL AND AFTER-SCHOOL ASSISTANCE PROGRAM. OUR PROGRAM SUPPORTS THE ACADEMIC, SOCIAL AND EMOTIONAL NEEDS OF OUR STUDENTS. OUR PROGRAM INCLUDES ENRICHMENT, CONFLICT RESOLUTION, COMMUNITY SERVICE, SPORTS, MUSIC AND WELLNESS PROGRAMS. NINETY PERCENT OF OUR GRADUATES HAVE COMPLETED HIGH SCHOOL AND EIGHTY PERCENT ATTENDED COLLEGE. 605095 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 1 3 0 1 38 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X THE ORGANIZATION 2124272862 70 E 129TH ST NEW YORK NY 100351133 ELSIE V AIDINOFF CHAIR EMERITUS 1.00 X 0 0 0 ORREN ALPERSTEAIN DIRECTOR 1.00 X 0 0 0 RICHARD BAYLES DIRECTOR 1.00 X 0 0 0 RAY A CAMERON CHAIR - BOARD OF TRUSTEES 2.00 X X 0 0 0 REBY B GULCAN DIRECTOR 1.00 X 0 0 0 JORDAN LIPPNER DIRECTOR 1.00 X 0 0 0 EDWARD MILLER DIRECTOR 1.00 X 0 0 0 CHRISTOPHER MOORE DIRECTOR 1.00 X 0 0 0 HOLLY PETERSON DIRECTOR 1.00 X 0 0 0 STEVE PINCUS DIRECTOR 1.00 X 0 0 0 ROBERT T RYLEE DIRECTOR 1.00 X 0 0 0 MICHAEL F STREICKER DIRECTOR 1.00 X 0 0 0 GEORGE B WEIKSNER DIRECTOR 1.00 X 0 0 0 AMY WU SILVERMAN DIRECTOR 1.00 X 0 0 0 ALEXIS THOMASON EXECUTIVE DIRECTOR 40.00 X 74159 0 0 74159 0 0 0 0 0 0 0 381217 381217 PROGRAM SERVICE REVENU 900099 6471 6471 6471 9785 9785 188750 113275 75475 75475 75475 4650 0 4650 4650 477598 81946 0 14435 178163 178163 55072 49565 5507 102155 91940 10215 18513 16662 1851 10991 9892 1099 5254 5254 2630 2630 26539 26539 61461 61461 61263 61263 14950 11730 3220 40939 40939 72808 72808 SECURITY 115205 91475 23730 REPAIRS AND MAINTENANCE 31451 31451 DEVELOPMENT EXPENSES 13722 13722 SUPPLIES 13368 13368 27107 14322 12785 851591 605095 246496 0 98388 37510 676098 71628 84415 75500 650000 229144 13272 3548731 1857619 1522062 1691112 194320 650035 202832 733194 3657259 3272251 73529 36066 11600 49420 49420 122949 97086 X 2672226 2270815 33781 76047 828303 828303 3534310 3175165 3657259 3272251 -373993 14848 0 X 0 0 0 X 3285732 3491560 2748112 2113057 381217 12019678 3285732 3491560 2748112 2113057 381217 12019678 12019678 35554 280944 431731 209593 9785 967607 155793 155793 21128 23926 8280 12123 65457 13208535 297784 0.91000 0.87320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2050183 47311 1269191 828303 2005733 44450 2050183 2103245 -2512 95000 2005733 2106267 75000 16978 95000 2103245 1.00000 3279328 1649336 1629992 269403 208283 61120 1691112 SECURITY DEPOSITS 31033 DUE FROM STOREFRONT ACADEMY 652741 DEFERRED RENT RECEIVABLE 49420 733194 DEFERRED RENT 49420 49420 1 SCHOLARSHIPS 49 178163 PART I, LINE 2: GRANTS ARE AWARDED BASED ON SPECIFIC CRITERIA AND ARE APPROVED BY THE BOARD COMMITTEE THAT OVERSEES ALL RECIPIENTS OF GRANTS. FORM 990, PART VI, SECTION B, LINE 11B BEFORE THE FORM 990 WAS FILED, A COPY WAS DISTRIBUTED TO THE AUDIT COMMITTEE. AFTER DISTRIBUTION, THE AUDIT COMMITTEE HELD A MEETING TO DISCUSS THE 990, INCLUDING ANY QUESTIONS OR COMMENTS, WHICH THE DIRECTOR OF FINANCE ADDRESSED. AFTER THAT, THE 990 WAS CIRCULATED TO ALL BOARD MEMBERS VIA EMAIL FOR REVIEW. COMMENTS AND QUESTIONS WERE REQUESTED, AND WERE DIRECTED TO THE DIRECTOR OF FINANCE. ONCE THESE WERE ADDRESSED, ANY REVISIONS WERE REDISTRIBUTED TO ALL BOARD MEMBERS. THEN THE FORM 990 WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C STOREFRONT ACADEMY HARLEM HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES THAT ANY TRANSACTION WITH INTERESTED PARTIES IS FULLY DISCLOSED. SAH WILL REVIEW THIS POLICY ON AN ANNUAL BASIS. THE CHAIR WILL REPORT TO THE BOARD OF TRUSTEES THAT ALL DISCLOSURE FORMS HAVE BEEN COMPLETED AND WHETHER ANY POTENTIAL CONFLICTS HAVE BEEN DISCLOSED. ALL BOARD MEMBERS, HEAD OF SCHOOL, CHIEF OPERATIONS OFFICER, AND SENIOR FINANCIAL OFFICERS ARE REQUIRED TO COMPLETE THE DISCLOSURE STATEMENT ON AN ANNUAL BASIS. IF AT ANY TIME A BOARD MEMBER OR EMPLOYEE ACQUIRES AN INTEREST IN A MATTER THAT MIGHT POSE A CONFLICT, HE OR SHE SHALL PROMPTLY DISCLOSE SUCH INTEREST IN WRITING. INTERESTED PARTIES WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WILL NOT PARTICIPATE IN DECISIONS OR DISCUSSIONS AFFECTING THAT INTEREST AND THE ORGANIZATION. THE BOARD OF TRUSTEES AND OFFICERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE BUSINESS MANAGER AND ASSISTANT TREASURER ARE INVOLVED IN PROCESSING ALL INVOICES, AND REVIEW EACH TRANSACTION TO CHECK FOR CONFLICTS. IF ONE IS DISCOVERED, IT IS REPORTED TO THE BOARD CHAIR. CONFLICTS AT ANY LEVEL ARE REPORTED TO THE CHAIR. FORM 990, PART VI, SECTION B, LINE 15 SALARY LEVELS ARE APPROVED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES DURING THE ANNUAL BUDGET PROCESS AS DOCUMENTED IN THE MINUTES OF THAT COMMITTEE. MEMBERS OF THE BOARD OF TRUSTEES CHECKED WITH NYSAIS OUR ACCREDITING ORGANIZATION AND THE NEW YORK CITY PUBLIC SCHOOL SYSTEM REGARDING CURRENT SALARY LEVELS FOR HEADS OF SCHOOL AND OTHER ADMINISTRATIVE AND TEACHING POSITIONS. THE SEARCH COMMITTEE OF THE BOARD OF TRUSTEES USES A CONSULTING FIRM WHO HAS SPECIALIZED IN RECRUITING FOR NOTFOR-PROFIT ORGANIZATIONS FOR MORE THAN 10 YEARS. AMONG OTHER THINGS THEY ADVISED ON SALARY LEVELS BASED ON THEIR EXPERIENCE. THIS WAS LAST DONE IN FISCAL 2019. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.