2018-04-30T10:26:21-05:00 2017-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2016-07-01 270400583 FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS INC FRIE 2122792288 555 EIGHTH AVE NO 1703 NEW YORK NY 10018 CLIFF SCHNEIDER TREASURER 2122792288 2018-04-11 1 MICHELLE CAIN P00150750 5854231860 2018-04-11 98.159.217.67 2018-04-11 10:09:08 ED P 47C8FC3DBD232B65738599601FF5DFA505C221FA 0DADF1D6908A9869BC282D158C65CB43F063B5C8 2016 2021-01-29 14:40:06Z CLIFF SCHNEIDER 555 EIGHTH AVE NO 1703 NEW YORK NY 10018 3921982 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. 5 5 0 8 0 0 1380560 87059 2675650 3834923 0 0 0 0 4056210 3921982 339000 0 0 0 0 0 0 0 0 3848387 3517906 4187387 3517906 -131177 404076 5980446 11195913 4538245 9349636 1442201 1846277 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 3516699 3834923 FOR THE YEAR ENDED JUNE 30, 2017, THE ORGANIZATION PROVIDED PROGRAMMATIC EXPENSE OF APPROXIMATELY $3,517,000 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. 3516699 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 7 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 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 SARA BERMAN CHAIRMAN & PRESIDENT THROUGH 5/2/17 1.00 X X 0 0 0 DAVID GEDZELMAN SECRETARY & TREASURER THROUGH 5/2/17 2.00 X X 0 0 0 DAVID SHAPIRO DIRECTOR THROUGH 5/2/17 1.00 X 0 0 0 CLIFF SCHNEIDER SECRETARY 1.00 X X 0 0 0 DANIEL HOLTZMAN DIRECTOR 1.00 X 0 0 0 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 0 0 0 0 0 0 0 PSG CONSTRUCTION CO INC 54 REGENTS DRIVE LIDO BEACH NY 11561 CONSTRUCTION SERVICES 4456650 MILL AVENUE DEVELOPMENT 54 REGENTS DRIVE LIDO BEACH NY 11561 RENT 1235612 147 EQUITIES CO ARTIMUS CONSTRUCTION 316 WEST 118 STREET NEW YORK NY 10026 RENT 1101237 BL COMPANIES INC 355 RESEARCH PARKWAY MERIDEN CT 06450 CONSTRUCTION SERVICES 248860 LEVIEN & COMPANY INC 570 LEXINGTON AVENUE NEW YORK NY 10022 CONSTRUCTION SERVICES 200159 5 87059 87059 RENTAL INCOME 531110 3834923 3834923 3834923 3921982 3834923 0 0 73356 73356 8550 8550 10250 10250 3043022 3043022 17308 17308 28942 27735 1207 COSTS INCURRED DUE TO C 336120 336120 MISCELLANEOUS 358 358 3517906 3516699 1207 0 2006126 727035 28750 6250 120000 409117 52418 10835932 1450143 3416453 9385789 0 1024421 5980446 11195913 1437630 1022143 901117 0 2985300 2000000 4000000 199498 1342193 4538245 9349636 X 1442201 1846277 1442201 1846277 5980446 11195913 404076 0 X X 0 1 X 1 0 X 1320400 640210 1269759 1380560 87059 4697988 1320400 640210 1269759 1380560 87059 4697988 4697988 4697988 8764768 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1258726 1258726 0 191417 191417 0 9385789 9385789 9385789 DEFERRED LEASE RECEIVABLE 724923 SECURITY DEPOSIT 199498 DUE FROM RELATED PARTY 100000 1024421 SECURITY DEPOSITS 199498 DEFERRED LEASE LIABILITY 1142695 1342193 X 3957668 35686 35686 3921982 0 3921982 3553592 35686 35686 3517906 0 3517906 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, 2017, 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, 2014. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2014 THROUGH JUNE 30, 2017 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 SARA BERMAN IS A DIRECTOR OF ANOTHER 501(C)(3) WHERE DAVID GEDZELMAN IS A KEY EMPLOYEE. BOTH SARA BERMAN AND DAVID GEDZELMAN WERE DIRECTORS OF THREE OTHER AFFILIATED 501(C)(3) ENTITIES 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.