2019-05-23T15:18:47-05:00 2018-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-07-01 161571685 FRIENDS OF BRONX PREPARATORY CHARTER SCHOOL INC FRIE 7182940841 3872 THIRD AVENUE BRONX NY 10457 NANCY GARVEY BOARD CHAIR 7182940841 2019-05-23 1 GARRETT M HIGGINS P00543209 2122862600 2019-05-22 4.15.211.182 2019-05-23 11:25:24 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 76A25249E5E94ADAA4B6AEE04382CED6247CFD88 2017 2019-02-21 02:37:17Z NANCY GARVEY 3872 THIRD AVENUE BRONX NY 10457 50840 0 X N/A X 1999 NY TO PROVIDE SUPPORT TO BRONX PREPARATORY CHARTER SCHOOL AND OTHER ORGANIZATIONS. 5 5 0 6 0 0 0 0 20000 48000 1133 2840 0 0 21133 50840 0 24330 0 0 0 0 0 0 0 534755 72026 534755 96356 -513622 -45516 13891807 13872406 2500 0 13889307 13872406 X TO PROVIDE SUPPORT TO BRONX PREPARATORY CHARTER SCHOOL AND OTHER ORGANIZATIONS, WHOSE MISSION IS TO PREPARE UNDERSERVED MIDDLE AND HIGH SCHOOL STUDENTS FOR HIGHER EDUCATION, COMMUNITY INVOLVEMENT AND A LIFELONG SUCCESS THROUGH A STRUCTURED, CARING ENVIRONMENT OF HIGH ACADEMIC EXPECTATIONS. EFFECTIVE JULY 1, 2017, BRONX PREPARATORY CHARTER SCHOOL WAS RENAMED DEMOCRACY PREP NEW YORK CHARTER SCHOOLS AS PART OF A MERGER. 0 0 93606 24330 48000 THE ORGANIZATION PROVIDES SUPPORT TO BRONX PREPARATORY CHARTER SCHOOL AND OTHER ORGANIZATIONS THAT ARE EXEMPT FROM TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. EFFECTIVE JULY 1, 2017, BRONX PREPARATORY CHARTER SCHOOL WAS RENAMED DEMOCRACY PREP NEW YORK CHARTER SCHOOLS AS PART OF A MERGER. IN FISCAL YEAR 2018, THREE INDIVIDUALS WERE ISSUED THE MARINA BOARD ALUMNI SCHOLARSHIP AWARD. FORTY ONE 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. 93606 1 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 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 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 ANDREW STUBBS 6468299659 1767 PARK AVENUE 4TH 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 3.00 3.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531190 48000 48000 48000 2840 2840 50840 48000 0 2840 24330 24330 2000 2000 39771 39771 29505 29505 NYS FILING FEE 750 750 96356 93606 2750 0 92263 93178 735740 736764 8135 24750 18326914 5502523 12864162 12824391 191507 193323 13891807 13872406 2500 0 2500 0 X 13889307 13872406 13889307 13872406 13891807 13872406 -45516 28615 0 X 0 0 0 X X 1 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 061581474 2 0 24330 0 1 24330 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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. 658614 658614 17199700 5125322 12074378 117744 64428 53316 59156 54579 4577 291700 258194 33506 12824391 1 SCHOLARSHIPS AND AWARDS 44 24330 0 PART I, LINE 2: THE ORGANIZATION PRESENTED THE MARINA BOARD ALUMNI SCHOLARSHIP AWARD TO THREE BRONX PREP HIGH SCHOOL (BPHS) GRADUATING SENIORS AND ACTIVE ALUMNI. THE AWARD SERVES TO FINANCIALLY SUPPORT BPHS GRADUATES IN THEIR TRANSITION TO COLLEGE AND/OR CAREER PROGRAMS. IN ADDITION, FORTY ONE ALUMNI 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 LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE