2016-04-18T13:09:19-05:00 2014-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2013-07-01 270400583 FRIENDS OF HEBREW LANGUAGE ACADEMY CHARTER SCHOOLS INC FRIE 2122792288 729 SEVENTH AVENUE NO 9TH NEW YORK NY 10019 DAVID GEDZELMAN SECRETARY/TREASURER 2127926238 2016-04-01 1 AARON SHAPIRO P01333816 2128674000 2013 2016-08-17 19:52:53Z X DAVID GEDZELMAN 729 SEVENTH AVENUE NO 9TH NEW YORK NY 10019 1240210 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 ACADEMY CHARTER SCHOOLS IN NEW YORK STATE. 5 5 0 5 0 0 1320400 640210 0 600000 0 0 0 0 1320400 1240210 135000 325000 0 0 0 0 0 0 0 853479 1814545 988479 2139545 331921 -899335 2151690 521402 744853 13900 1406837 507502 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 2108682 325000 600000 FOR THE YEAR ENDED JUNE 30, 2014, THE ORGANIZATION PROVIDED PROGRAMMATIC EXPENSE OF APPROXIMATELY $2,100,000 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. 2108682 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 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 0 1 4 0 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 X ELLY ROSENTHAL DIRECTOR OF FINANCE & OPERATIONS 2127926238 729 SEVENTH AVENUE 9TH FLOOR NEW YORK NY 10019 X SARA BERMAN CHAIRMAN & PRESIDENT 1.00 X X 0 0 0 DAVID GEDZELMAN SECRETARY & TREASURER 2.00 X X 0 0 0 MICHAEL STEINHARDT DIRECTOR 1.00 X 0 0 0 DAVID SHAPIRO DIRECTOR 1.00 X 0 0 0 CLIFF SCHNEIDER DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 ROBINSON CONSTRUCTION 419 GLENMORE AVENUE - BASEMENT APT BROOKLYN NY 11207 HARLEM HEBREW CONSTRUCTION 798123 1 640210 640210 RENTAL INCOME 531110 600000 600000 600000 1240210 600000 0 0 325000 325000 7500 7500 6300 6300 5700 5700 1273075 1273075 496160 496160 24563 24563 1247 1247 2139545 2108682 30863 0 795097 319655 600000 118750 232735 55299 1450143 1422445 523858 27698 2151690 521402 695853 13900 49000 744853 13900 X 1199836 407502 207001 100000 1406837 507502 2151690 521402 -899335 0 X X 0 1 X 1 0 X 1106125 600000 675000 1320400 640210 4341735 1106125 600000 675000 1320400 640210 4341735 1497660 2844075 4341735 600000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1258726 1258726 0 191417 163719 27698 27698 X 1240210 0 1240210 0 1240210 2139545 0 2139545 0 2139545 PART X, LINE 2: FOHLA HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDED JUNE 30, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 1 HARLEM HEBREW LANGUAGE ACADEMY CHARTER SCHOOL 147 ST NICHOLAS AVENUE NEW YORK NY 10026 455603860 501(C)(3) 325000 GENERAL SUPPORT 1 PART I, LINE 2: FOHLA AWARDED A GRANT OF UP TO $325,000 TO HARLEM HEBREW LANGUAGE ACADEMY CHARTER SCHOOL TO SUPPORT THE SCHOOL IN ITS SECOND YEAR. THE SCHOOL PROVIDED FOHLA WITH MONTHLY FINANCIAL REPORTS AND REPORTED ON ITS ACTIVITIES ON A WEEKLY BASIS. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS SARA BERMAN AND MICHAEL STEINHARDT HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 FINANCE COMMITTEE REVIEWS 990 AND REPORTS TO THE GOVERNING BODY ON THEIR REVIEWS AND APPROVAL. 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 XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THE RETURN WAS AMENDED TO REFLECT THE AMENDED BALANCE SHEET, STATEMENT OF REVENUE, AND STATEMENT OF FUNCTIONAL EXPENSES. IN ADDITION THE FOLLOWING PARTS CHANGED AS A RESULT OF THE AMENDMENTS: PART IV, LINE 11F AND 12A PART XII, LINE 2B AND 2C SCHEDULE A, PART II LINE 12 SCHEDULE D, PARTS XI, XII AND XIII