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      <Description>Harlem Academy is an accredited independent school that introduces high-potential children from low-income communities to an advanced academic environment. Our goal is to go beyond simply overcoming the disparities facing low-income children; we seek to launch students academic careers by providing opportunities for personal growth,unleashing their creativity,and challenging students at every turn. Founded in 2004, Harlem Academy has added a grade every year and now serves 111 students in first through eighth grade.At the foundation of Harlem Academys model is a dedication to rigorous academics, character development, and family partnership. The school is open from 7:30 a.m. to 6 p.m., providing ample time for a challenging program, an advisory period, after-school tutoring and enrichment, and athletics. In 2012, first-year students at Harlem Academy saw an average 12 percentile-point increase on nationally standardized tests. One-quarter of our students scored in the top 10% of the nation in English and a third scored in the top 5% nationwide in mathematics. Ninety-four percent of students scored above the national average.In addition, in 2012, Harlem Academy had its inaugural graduating class. Every graduating student earned admission to a secondary school where they will continue to grow and build upon their success at Harlem Academy. Students from the Class of 2012 accepted offers to attend top day schools, such as Grace Church, Riverdale, and Trevor; boarding schools, including Church Farm (PA), Peddie (NJ), Purnell (NJ), and Stony Brook (NY); and selective Catholic and public schools, with students slated to attend Aquinas, Cardinal Hayes, St. Jean Baptiste, The Academy for Software Engineering, The Facing History School, and Humanities Prep. Harlem Academys inaugural graduating class accepted more than $300,000 in annual secondary school scholarships.In 2012, Harlem Academy provided over $2.3 million in tuition support to low-income students. Harlem Academy admission decisions are need-blind, based solely on a students potential for growth in our advanced academic environment. The school then meets each familys full financial need to ensure that every admitted student can attend. The average Harlem Academy family is able to cover only about 10% of the cost of their childs education, with the rest coming from charitable giving by individuals, foundations, and corporations.</Description>
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        <Fundraising>2225</Fundraising>
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      <OtherEmployeeBenefits>
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        <ManagementAndGeneral>10122</ManagementAndGeneral>
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        <ManagementAndGeneral>7151</ManagementAndGeneral>
        <Fundraising>12117</Fundraising>
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      <FeesForServicesManagement>
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      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>0</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>0</Total>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
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      <FeesForServicesProfFundraising>
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      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
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      <FeesForServicesOther>
        <Total>116124</Total>
        <ProgramServices>38928</ProgramServices>
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        <Fundraising>56136</Fundraising>
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      <Advertising>
        <Total>27492</Total>
        <ProgramServices>10153</ProgramServices>
        <Fundraising>17339</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>0</Total>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>449001</Total>
        <ProgramServices>427320</ProgramServices>
        <ManagementAndGeneral>5812</ManagementAndGeneral>
        <Fundraising>15869</Fundraising>
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      <Travel>
        <Total>0</Total>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>0</Total>
      </ConferencesMeetings>
      <Interest>
        <Total>0</Total>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>73186</Total>
        <ProgramServices>69652</ProgramServices>
        <ManagementAndGeneral>947</ManagementAndGeneral>
        <Fundraising>2587</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>40416</Total>
        <ProgramServices>33236</ProgramServices>
        <ManagementAndGeneral>2086</ManagementAndGeneral>
        <Fundraising>5094</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>Printing and Publications</Description>
        <Total>35946</Total>
        <ProgramServices>33632</ProgramServices>
        <Fundraising>2314</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Miscellaneous</Description>
        <Total>36077</Total>
        <ManagementAndGeneral>19341</ManagementAndGeneral>
        <Fundraising>16736</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Education</Description>
        <Total>83901</Total>
        <ProgramServices>83901</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Food</Description>
        <Total>84080</Total>
        <ProgramServices>84080</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>136154</Total>
        <ProgramServices>112031</ProgramServices>
        <ManagementAndGeneral>3204</ManagementAndGeneral>
        <Fundraising>20919</Fundraising>
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      <TotalFunctionalExpenses>
        <Total>2728828</Total>
        <ProgramServices>2162762</ProgramServices>
        <ManagementAndGeneral>198827</ManagementAndGeneral>
        <Fundraising>367239</Fundraising>
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      <CashNonInterestBearing>
        <BOY>522349</BOY>
        <EOY>453932</EOY>
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      <SavingsAndTempCashInvestments>
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        <EOY>524775</EOY>
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      <PledgesAndGrantsReceivable>
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        <EOY>812315</EOY>
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      <AccountsReceivable>
        <BOY>24574</BOY>
        <EOY>27877</EOY>
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      <ReceivablesFromOfficersEtc>
        <EOY>0</EOY>
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      <ReceivablesFromDisqualPersons>
        <EOY>0</EOY>
      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
        <EOY>0</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>59251</BOY>
        <EOY>48771</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>554881</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>460175</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>109540</BOY>
        <EOY>94706</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <EOY>0</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>99936</BOY>
        <EOY>114427</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>2239405</BOY>
        <EOY>2076803</EOY>
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      <AccountsPayableAccruedExpenses>
        <BOY>79957</BOY>
        <EOY>118369</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>18728</BOY>
        <EOY>25304</EOY>
      </DeferredRevenue>
      <TotalLiabilities>
        <BOY>98685</BOY>
        <EOY>143673</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>1081482</BOY>
        <EOY>1199517</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>1059238</BOY>
        <EOY>732513</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <EOY>1100</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>2140720</BOY>
        <EOY>1933130</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>2239405</BOY>
        <EOY>2076803</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>-207590</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>false</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA" softwareId="11000144" softwareVersion="2011v1.5">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="11000144" softwareVersion="2011v1.5">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="11000144" softwareVersion="2011v1.5">
      <LeaseholdImprovements>
        <InvestmentCostOrOtherBasis>429727</InvestmentCostOrOtherBasis>
        <Depreciation>364153</Depreciation>
        <BookValue>65574</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <InvestmentCostOrOtherBasis>125154</InvestmentCostOrOtherBasis>
        <Depreciation>96022</Depreciation>
        <BookValue>29132</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>94706</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>Security Deposit</Description>
        <BookValue>114427</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>114427</TotalBookValueOtherAssets>
      <TotalRevenue>2521238</TotalRevenue>
      <TotalExpenses>2728828</TotalExpenses>
      <ExcessOrDeficitForYear>-207590</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>-207590</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>2529738</TotRevenueEtcAuditedFinclStmt>
      <DonatedSrvcAndUseOfFacilities>8500</DonatedSrvcAndUseOfFacilities>
      <RevenueNotRptdF990>8500</RevenueNotRptdF990>
      <RevenueSubtotal>2521238</RevenueSubtotal>
      <TotalRevenuePerForm990>2521238</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>2737328</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>8500</DonatedServicesUseOfFacilities>
      <ExpensesNotRptdF990>8500</ExpensesNotRptdF990>
      <ExpensesSubtotal>2728828</ExpensesSubtotal>
      <TotalExpensesPerForm990>2728828</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Part X</Identifier>
        <ReturnReference>Part X : FIN48 Footnote</ReturnReference>
        <Explanation>The Academy has adopted the provisions of FASB ASC 740, Income Taxes, which applies to positions taken or expected to be taken in a tax return. Organizations are required to recognize the effects of tax positions if they are more likely than not of being sustained. The Academy does not believe its financial statements include any uncertain tax positions.</Explanation>
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    <IRS990ScheduleE documentId="IRS990ScheduleE" softwareId="11000144" softwareVersion="2011v1.5">
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      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized</Identifier>
        <Explanation>Our nondiscriminatory policy is published on all admissions materials distributed to the general community, in addition to specific family inquiries.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency</Identifier>
        <Explanation>The school receives funding from two New York agencies. These funds are used to provide food to students and support other activites of the school.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
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      <MailSolicitations>X</MailSolicitations>
      <EmailSolicitations>X</EmailSolicitations>
      <InPersonSolicitations>X</InPersonSolicitations>
      <SolicitationOfNonGovtGrants>X</SolicitationOfNonGovtGrants>
      <SolicitationOfGovtGrants>X</SolicitationOfGovtGrants>
      <SpecialFundraisingEvents>X</SpecialFundraisingEvents>
      <AgreementRefFundraising>false</AgreementRefFundraising>
      <EventsInformation>
        <NameOfEvent1>Spring Benefit</NameOfEvent1>
        <GrossReceiptsEvent1>403345</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>350844</CharitableContributionsEvent1>
        <GrossRevenueEvent1>52501</GrossRevenueEvent1>
        <OtherDirectExpensesEvent1>52501</OtherDirectExpensesEvent1>
        <NameOfEvent2>Climb Bike Ride</NameOfEvent2>
        <GrossReceiptsEvent2>105680</GrossReceiptsEvent2>
        <CharitableContributionsEvent2>92468</CharitableContributionsEvent2>
        <GrossRevenueEvent2>13212</GrossRevenueEvent2>
        <OtherDirectExpensesEvent2>13212</OtherDirectExpensesEvent2>
        <TotalNumberOfOtherEvents>1</TotalNumberOfOtherEvents>
        <GrossReceiptsOtherEvents>8454</GrossReceiptsOtherEvents>
        <CharitableContribOtherEvents>4829</CharitableContribOtherEvents>
        <GrossRevenueOtherEvents>3625</GrossRevenueOtherEvents>
        <OtherDirectExpensesOtherEvents>3625</OtherDirectExpensesOtherEvents>
        <GrossReceiptsTotal>517479</GrossReceiptsTotal>
        <CharitableContributionsTotal>448141</CharitableContributionsTotal>
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        <OtherDirectExpensesTotalEvents>69338</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>69338</DirectExpenseSummaryEvents>
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      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <RebuttablePresumptionProcedure>false</RebuttablePresumptionProcedure>
      <Form990ScheduleJPartII>
        <NamePerson>Vincent Dotoli</NamePerson>
        <BaseCompensationFilingOrg>146875</BaseCompensationFilingOrg>
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    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="11000144" softwareVersion="2011v1.5">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>Governing documents and conflict of interest policy are made available upon request. Audited financial statements are made available to the public through the website.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>The organization has a board approved conflicts of interest policy. Upon appointment or hiring, each board member, senior staff member, and other board committee member must sign a declaration statement affirming they have (1) received a copy of the policy, (2) read and understand the policy, and (3) agree to comply with the policy. Each year, they fill out an annual declaration stating they were in compliance of such policy for the preceding year.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>A draft 990, which is prepared by the auditors, is first reviewed by the Finance Director before being presented for review to the Finance/Audit committee. Any edits resulting from committee review are made and the draft is presented to the entire board for final review and approval prior to filing.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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</Return>