2019-05-15T08:50:51-05:00 2018-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-07-01 472608621 CAPITAL PREPARATORY HARLEM CHARTER SCHOOL CAPI 9178280209 1 EAST 104TH STREET NO 403 NEW YORK NY 10029 DEREK FERGUSON BOARD CHAIR 9178280209 2019-05-14 1 GARRETT M HIGGINS P00543209 2122862600 2019-05-14 4.15.211.182 2019-05-14 20:42:01 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B29914CEB47F2C50F9800CDE5B5AE22990D509AB 2017 2019-02-21 02:37:17Z DEREK FERGUSON 1 EAST 104TH STREET NO 403 NEW YORK NY 10029 5160144 0 X WWW.CAPITALPREPHARLEM.ORG X 2014 NY CAPITAL PREPARATORY HARLEM SCHOOLS PROVIDES HISTORICALLY DISADVANTAGED STUDENTS WITH THE COLLEGE AND CAREER READINESS SKILLS NEEDED TO BECOME RESPONSIBLE AND ENGAGED CITIZENS FOR SOCIAL JUSTICE. 5 5 46 5 0 0 567624 255918 2808398 4571111 0 0 188879 125659 3564901 4952688 0 0 0 0 1391040 2084032 0 0 2271 2171341 2534331 3562381 4618363 2520 334325 1412333 1664680 1080285 998307 332048 666373 X THE MISSION OF CAPITAL PREPARATORY SCHOOLS IS TO PROVIDE HISTORICALLY DISADVANTAGED STUDENTS WITH THE COLLEGE AND CAREER READINESS SKILLS NEEDED TO BECOME RESPONSIBLE AND ENGAGED CITIZENS FOR SOCIAL JUSTICE.CAPITAL PREP STRIVES TO ENSURE THAT ALL STUDENTS ARE ABLE TO DO SO BY OFFERING A RIGOROUS COLLEGE PREPARATORY CURRICULUM, AN ECLECTIC VARIETY OF ATHLETIC PROGRAMS, AS WELL AS A GIFTED & TALENTED PROGRAM FOR STUDENTS WHO DEMONSTRATE EXTRAORDINARY ACADEMIC ACHIEVEMENT. 0 0 4224099 4571111 CAPITAL PREPARATORY HARLEM CHARTER SCHOOLS PROVIDES HISTORICALLY DISADVANTAGED STUDENTS WITH THE COLLEGE AND CAREER READINESS SKILLS NEEDED TO BECOME RESPONSIBLE AND ENGAGED CITIZENS FOR SOCIAL JUSTICE. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 227 STUDENTS IN GRADES SIXTH THROUGH EIGHTH DURING THE 2017-2018 ACADEMIC YEAR. 4224099 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 1 9 0 46 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X DANITA JONES 9178280209 1 EAST 104TH STREET NO 403 NEW YORK NY 10029 DEREK FERGUSON BOARD CHAIR 1.00 X X 0 0 0 MAURICE L COLEMAN TREASURER 1.00 X X 0 0 0 GEORGIETTE MORGAN-THOMAS SECRETARY 1.00 X X 0 0 0 DR STEPHEN PERRY MEMBER 1.00 X 0 0 0 IYANLA VANZANT MEMBER 1.00 X 0 0 0 DANITA JONES PRINCIPAL 50.00 X 132070 0 14221 APRIL MOYE DEAN 50.00 X 111215 0 17411 243285 0 31632 2 0 0 0 CAPITAL PREPARATORY SCHOOLS 777 MAIN STREET BRIDGEPORT CT 06604 MANAGEMENT SERVICES 273197 SCHOOL PROFESSIONALS 622 THIRD AVENUE 39TH FL NEW YORK NY 10017 SUBSTITUTE SERVICES 163301 CHARTER TECHNOLOGY SOLUTIONS 129 20TH STREET 2ND FL BROOKLYN NY 11232 TECHNOLOGY SERVICES 125518 3 231657 24261 255918 GOV'T PER PUPIL REVENU 611110 4571111 4571111 4571111 333115 207456 125659 125659 125659 4952688 4571111 0 125659 148484 137500 10884 100 1480995 1371435 108560 1000 20567 19046 1507 14 279064 258420 20456 188 154922 143461 11356 105 477434 427303 50131 43574 43574 23292 23292 245301 245022 276 3 16542 15675 859 8 201436 188976 12450 10 92120 85303 6755 62 1026780 950841 75249 690 168983 157962 11021 35793 33145 2624 24 REPAIRS AND MAINTENANCE 98668 91367 7234 67 STUDENT SERVICES 51661 51661 MISCELLANEOUS 34686 30660 4026 STAFF DEVELOPMENT 18061 16322 1739 4618363 4224099 391993 2271 633423 678974 25000 122990 221709 41030 35545 999012 270560 589890 728452 1412333 1664680 85550 271058 533981 71175 460754 656074 1080285 998307 X 332048 666373 332048 666373 1412333 1664680 334325 0 X 0 1 X 0 0 X 391608 130119 261489 387918 90877 297041 219486 49564 169922 728452 DEFERRED RENT 541781 DUE TO CAPITAL PREPARATORY SCHOOLS, INC. 114293 656074 X 5160144 207456 207456 4952688 0 4952688 4825819 207456 207456 4618363 0 4618363 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. ALL RETURNS FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL COSTS FROM PRIMARY LEASE 207,456. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL COSTS FROM PRIMARY LEASE 207,456. 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50. SCHEDULE E, PART I, LINE 4 THE SCHOOL IS FREE TO ALL STUDENTS, IT DID NOT AND DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. HOWEVER IF IT DID, IT WOULD OFFER SAID ASSISTANCE ON A RACIALLY NONDISCRIMINATORY BASIS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL ENTERED INTO A MANAGEMENT AGREEMENT WITH CPS, A CONNECTICUT NOT-FOR-PROFIT ORGANIZATION, TO UNDERTAKE ON ITS BEHALF FUNCTIONS IN REGARDS TO BUSINESS, ADMINISTRATIVE AND ACADEMIC SERVICES TO HARLEM. THE SCHOOL INCURRED $477,434 IN MANAGEMENT FEES TO CAPITAL PREPARATORY SCHOOLS, INC DURING FY18. BOARD MEMBER DR. STEPHEN PERRY, IS AN OFFICER OF THE MANAGEMENT ORGANIZATION, CAPITAL PREPARATORY SCHOOLS, INC. IN 2017 CPS PAID DR. STEPHEN PERRY, CEO OF CPS, A BASE SALARY IN THE AMOUNT OF $152,250 AND OTHER COMPENSATION IN THE AMOUNT OF $146. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B CAPITAL PREPARATORY HARLEM CHARTER SCHOOL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS AS PART OF THEIR REGULAR MEETINGS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. ON AN ANNUAL BASIS, EACH DIRECTOR, OFFICER, AND EMPLOYEE SHALL SUBMIT TO THE SECRETARY A CONFLICT STATEMENT DISCLOSING POTENTIAL CONFLICTS OF INTEREST, IF ANY, ON A FORM PROVIDED BY THE CORPORATION. NO DIRECTOR SHALL DISCUSS OR VOTE ON ANY MATTER IN WHICH HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST. ANY DIRECTOR FOR WHOM THERE MAY EXIST A CONFLICT OF INTEREST SHALL REFRAIN FROM DISCUSSION OR VOTE ON ANY SUCH MATTER, AND SHALL NOT BE PHYSICALLY PRESENT IN THE ROOM AT THE TIME ANY VOTE IS TAKEN THEREON. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES PERFORMS A COMPARATIVE STUDY OF COMPENSATION AND SALARIES WITH THAT OF THE REGION AND OTHER CHARTER SCHOOLS/ORGANIZATIONS. THE BOARD ALSO APPROVES THE COMPENSATION OF THE PRINCIPALS AND OFFICERS THROUGH THE ANNUAL BUDGET PROCESS AND APPROVAL OF THE ANNUAL BUDGET. THE DISCUSSIONS, DELIBERATIONS AND DECISION ARE RECORDED IN THE COMMITTEE MINUTES. THE PROCESS WAS LAST CONDUCTED IN 2017. 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. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 1 EAST 104TH STREET, NEW YORK, NY 10029, OR BY CALLING THE ORGANIZATION DIRECTLY AT (212) 328-9370.