HARLEM CHILDRENS ZONE PROMISE ACADEMY CHARTER SCHOOL: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: HARLEM CHILDRENS ZONE PROMISE ACADEMY CHARTER SCHOOL (EIN 76-0756768)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-13
IRS object ID: 201141339349305179
Schema version: 2009v1.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-13T21:46:33-05:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	666 THIRD AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	100174011	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	760756768	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HARLEM CHILDREN'S ZONE PROMISE academy	BusinessNameLine1
Business Name Line2	charter school	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	HARL	NameControl
Phone	2123603255	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	35 EAST 125TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10035	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Geoffrey Canada	Name
Title	President/CEO	Title
Phone	2123603255	Phone
Date Signed	2011-05-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	2125429609	Phone

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	GEOFFREY CANADA	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	35 EAST 125TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10035	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	11314425	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.HCZPROMISEACADEMY.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2004	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	To provide high quality, standards-based academic programs for students, grades k-12, from underserved communities and underperforming school districts.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	131	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	9421344	ContributionsGrantsPriorYear
Contributions Grants Current Year	424191	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	10754730	ProgramServiceRevenueCY
Investment Income Prior Year	46	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2505	OtherRevenuePriorYear
Other Revenue Current Year	135504	OtherRevenueCurrentYear
Total Revenue Prior Year	9423895	TotalRevenuePriorYear
Total Revenue Current Year	11314425	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	9789105	SalariesEtcPriorYear
Salaries Etc Current Year	9343623	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	-1094507	OtherExpensePriorYear
Other Expenses Current Year	1959105	OtherExpensesCurrentYear
Total Expenses Prior Year	8694598	TotalExpensesPriorYear
Total Expenses Current Year	11302728	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	729297	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	11697	RevenuesLessExpensesCY
Total Assets BOY	1081695	TotalAssetsBOY
Total Assets EOY	1162093	TotalAssetsEOY
Total Liabilities BOY	326075	TotalLiabilitiesBOY
Total Liabilities EOY	394776	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	755620	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	767317	NetAssetsOrFundBalancesEOY
Mission Description	The mission of the Harlem Children's Zone Promise Academy Charter Schools (HCZ Promise Academy) is to provide high quality, standards-based academic programs for students, grades K-12, from underserved communities and underperforming school districts, and to provide students with the skills they need to be accepted by and succeed in college. HCZ Promise Academy promotes high achievement in all subjects through a demanding curriculum, extensive supportive services and the use of data-driven teaching methods. HCZ Promise Academy is committed to promoting academic accomplishment, positive character development, healthy lifestyles and leadership skills. In partnership with the Harlem Children's Zone, HCZ Promise Academy addresses the educational and developmental needs of each student.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	8966734	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	The Charter School movement has earned national attention as an innovative approach to education reform. During President Obama's candidacy, he announced his commitment to charter schools, specifically, charter schools like the Harlem Children's Zone Promise Academy Charter Schools. Geoffrey Canada, founder of HCZ, realized that in order to change the entire community, HCZ needed to do more than provide support to thousands of students attending Department of Education schools with wrap-around services and community support. HCZ needed more time with the students, and needed to reform the educational environment in Harlem, the solution, Harlem Children's Zone Promise Academy Schools. Harlem Children's Zone Promise Academy Charter Schools ((HCZPACS), opened in September 2004 with grade K in Promise Academy 1 elementary and grade 6 in the middle school, followed by Promise Academy II in September 2005. Currently, HCZ Promise Academy I consist of 3 schools including the elementary, K - 3, upper elementary/middle, 4 - 7 and high school 10 - 11. Promise Academy II consists of two schools including the lower elementary, K - 2 and upper elementary/middle, 3 - 6. At scale, both HCZ Promise Academy I and II will grow to grades K - 12. Since their creation in 2004 and 2005, Promise Academy I and II elementary schools have done well enough to lead Harvard economist Roland Fryer to conclude that the students had actually closed the black-white achievement gap. The schools have a longer school day and year, and feature wide-ranging, enriching after-school programs. In 2009, the third-graders from both schools were 100 percent on or above grade level in the statewide math program. At PA1 the third-graders were 94 percent on or above grade level in English Language Arts, while the third-graders at PAII were at 86 percent. Promise Academy I is comprised of the following School levels: 1. Promise Academy I Lower School was created in 2004 in partnership with the Harlem Children's Zone and currently serves grade levels Kindergarten through Third. Its mission is to give children in Harlem a high-quality, well-rounded education while providing a positive atmosphere where children know they are cared for. In 2009, 100 percent of PA I's third graders scored at grade level in math and 95 percent scored at grade level in ELA. 2. Promise Academy I Upper Elementary / Middle School was created in 2004 in partnership with the Harlem Children's Zone and currently serves grades 4-6. Its mission is to give children in Harlem high-quality, well-rounded education while providing a positive atmosphere where children know they are cared for. 3. Promise Academy I High School was created in 2008 in partnership with the Harlem Children's Zone and currently serves grades ten and eleven. Its mission is to give children in Harlem a high-quality, well-rounded education while providing a positive atmosphere where children know they are cared for. PA I will eventually run from tenth to twelfth grades.	Description
Total Program Service Expense	8966734	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	7	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	131	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	LAWRENCE TOLBERT	NamePerson
Telephone Number	2123603255	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	35 EAST 125TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10035	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee
Kenneth Langone
Chairman	2.0	X	X
Geoffrey Canada
president/CEO	2.0	X	X	0	417784	33088
Mitch Kurz
Treasurer	2.0	X	X
Aisha Tomlinson
Parent Representative	2.0	X
Stanley Druckenmiller
board member	2.0	X
Arlene Gibson
board member	2.0	X
Denise Nash-Fulller
board member	2.0	X
Madeline White
board member	2.0	X
Alfonso Wyatt
board member	2.0	X
Darly Rock
Superintendent	40.0			171837	0	7029	X
Phyllis Siwiec
Assistant Superintendent	40.0			132824	0	21196	X
dennis McKesey
principal - middle school	40.0			145284	0	29290	X
Tonya White
principal - lower elementary	40.0			132265	0	20696	X
Haydon Lyons
Principal - High school	40.0			129354	0	21196	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	711564	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	417784	TotalReportableCompFrmRltdOrgs
Total Other Compensation	132495	TotalOtherCompensation
Number Individuals GT100 K	7	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	Interactive therapy group	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	19 West 21 street Suite 701	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10010	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	student therapy	DescriptionOfServices
Compensation	103195	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K
Related Organizations	350000	RelatedOrganizations
Government Grants	74191	GovernmentGrants
Total Contributions	424191	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION	900099	9811689	9811689
SPECIAL EDUCATION TUITION	900099	444866	444866
FOOD SERVICE REVENUES	611710	498175	498175

Field	Value	IRS element (for citing)
Total Program Service Revenue	10754730	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Business Code	900099	BusinessCode
Total Revenue Column	135504	TotalRevenueColumn
Exclusion	$135,504	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	135504	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	11314425	TotalRevenueColumn
Related Or Exempt Function Income	10754730	RelatedOrExemptFunctionIncome
Exclusion	$135,504	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	6175401	Total
Program Services	5604930	ProgramServices
Management And General	570471	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1936701	Total
Program Services	864266	ProgramServices
Management And General	1072435	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	307561	Total
Program Services	108758	ProgramServices
Management And General	198803	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	923960	Total
Program Services	755922	ProgramServices
Management And General	168038	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	421758	Total
Program Services	201153	ProgramServices
Management And General	220605	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	149375	Total
Program Services	130278	ProgramServices
Management And General	19097	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	37393	Total
Program Services	30577	ProgramServices
Management And General	6816	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	39380	Total
Program Services	39374	ProgramServices
Management And General	6	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	127990	Total
Program Services	125300	ProgramServices
Management And General	2690	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	178091	Total
Program Services	151201	ProgramServices
Management And General	26890	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	20000	Total
Program Services	2329	ProgramServices
Management And General	17671	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
CLASSROOM SUPPLIES	432680	412978	19702
SPECIAL SERVICES/INCENTIVES	231970	232356	-386
EQUIPMENT RENTAL & MAINTENANCE	82299	81778	521
ADMISSIONS	60493	59833	660
TRAINING	41782	38521	3261

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	135894	Total
Program Services	127180	ProgramServices
Management And General	8714	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	11302728	Total
Program Services	8966734	ProgramServices
Management And General	2335994	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	433956	BOY
EOY	405710	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	259925	BOY
EOY	119171	EOY

Field	Value	IRS element (for citing)
Accounts Receivable		AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	70507	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1025263	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	506136	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	387814	BOY
EOY	519127	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	47578	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1081695	BOY
EOY	1162093	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	324216	BOY
EOY	394126	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1859	BOY
EOY	650	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	326075	BOY
EOY	394776	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	755620	BOY
EOY	767317	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	755620	BOY
EOY	767317	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1081695	BOY
EOY	1162093	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Land		Land
Buildings		Buildings

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	25160	OtherCostOrOtherBasis
Book Value	25160	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1000103	OtherCostOrOtherBasis
Depreciation	506136	Depreciation
Book Value	493967	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	519127	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	DUE TO HCZ AND PROMISE ACADEMY II	Description
Amount	$650	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	650	TotalOfAmounts
Total Revenue	11314425	TotalRevenue
Total Expenses	11302728	TotalExpenses
Excess Or Deficit For Year	11697	ExcessOrDeficitForYear
Excess Or Deficit Per FS	11697	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	15486067	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	4171642	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	4171642	RevenueNotRptdF990
Revenue Subtotal	11314425	RevenueSubtotal
Total Revenue Per Form990	11314425	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	15474370	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	4171642	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	4171642	ExpensesNotRptdF990
Expenses Subtotal	11302728	ExpensesSubtotal
Total Expenses Per Form990	11302728	TotalExpensesPerForm990

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Pub Via Broadcast Media Expln	THE HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF PRIOR ACADEMIC ACHIEVEMENT, ATHLETIC ABILITY, DISABILITY, RACE, CREED, NATIONAL ORIGIN, GENDER, RELIGION, OR ANY OTHER GROUNDS THAT WOULD BE UNLAWFUL. THE SCHOOL'S ADMISSIONS PROCEDURES ARE CONSISTENT WITH THE PROVISIONS OF ED .L 2854 (2). The Academy's POLICY IS WRITTEN in DOCUMENTATION distributed to THE COMMUNITY AND represented on the organization's website.	PubViaBroadcastMediaExpln
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Govt Financial Aid Explanation	Under the School's charter school agreement and the Charter Schools Act, the School is entitled to receive funding from state and federal sources that are available to public schools. These funds include state pupil enrollment funds, federal food subsidies, and Titles I and II funds.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Geoffrey Canada
0	204160	0	213624	0	0	0	9800	0	23288	0	450872	0	0
Darly Rock
146837	0	25000	0	0	0	0	0	7029	0	178866	0	0	0
Phyllis Siwiec
132824	0	0	0	0	0	0	0	21196	0	154020	0	0	0
dennis McKesey
115284	0	30000	0	0	0	8094	0	21196	0	174574	0	0	0
Tonya White
102265	0	30000	0	0	0	7790	0	12906	0	152961	0	0	0
Haydon Lyons
111354	0	18000	0	0	0	0	0	21196	0	150550	0	0	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Policies	FORM 990, PART VI	Line 11 - The Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was circulated to the finance committee for discussion and comment. Each finance committee Member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service. The finance committee will summarize its finding on the Form 990 to the full board of directors. Line 12 - The Promise Academy operates under the conflict of interest policy of its parent organization, the Harlem Children's Zone. All employees are expected to use honesty, good judgement and high ethical standards in all professional dealings. All employees must avoid any actions that could create a conflict of interest or the appearance of such a conflict or reflect unfavorably on them or on harlem children's zone. An employee must disclose if she/he or an immediate family member has any potential conflict of interest such as a relationship to a third party vendor who seeks or has a business relationship to harlem children's zone. An employee's violation of this policy, especially a failure to represent accurately his or her connection or action on behalf of harlem children's zone and a third party will constitute grounds for disciplinary action, up to and including termination of employment. Line 13 & 14 - The Promise Academy operates under the whistleblower and document retention policy of its parent organization, The Harlem Children Zone. Line 15 - The organization's top management official is Geoffrey Canada. The procedures for determining Mr. Canada's compensation package are documented in the Harlem Children Zone Form 990 as that organization pays him his compensation. Mr. Canada makes all compensation decisions for the employees at the Promise Academy, including the superintendents and principals. To the extent that any merit pay or bonuses are warranted, the Principals will make recommendations for Teachers and Administrators. Mr. Canada and the Superintendents make the decisions regarding the Principals' bonuses. All bonuses are strictly tied to employee performance, usually detrmined by student academic success and well-being. compensates its executives commensurate with the market. The compensation committee will then set the compensation for the relevant executive and document the decision in board minutes.
Disclosure	FORM 990, PART VI	Line 19 - The taxpayer makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.
Schedule R, Part V, Line 2		Pursuant to the terms of a commitment letter between Harlem Children's Zone (HCZ) and the Promise Academy, HCZ, as the School's Institutional Partner, committed to provide the Academy, during the initial five-year term of its charter, certain services at no cost. These services include financial management, social, library, technology, fundraising, public relations, and teaching assistance services. In addition, HCZ committed to provide the School with the use of space in its premises located at 35 East 125th Street, New York, NY.
Part VIII, Statement of Revenue		The Promise Academy, as a charter School, is entitled to receive funding from state and federal sources that are likewise available to public schools. The revenues reported on Part VIII, Line 2 as Tuition revenues, and food service income are amounts received by the State of New York. Tuition for attendees at the Promise Academy is completely subsidized by the State. The Academy opted to report this revenue as a program service activity rather than as a governmental grant on Part VIII, Line 1(e).

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1
THE HARLEM CHILDREN'S ZONE
35 EAST 125TH STREET	NEW YORK	NY	10035	237112974	SEE SCH O	NY	7	501(C)(3)	NA
HARLEM CHILDRENS ZONE PROMISE ACADEMY II
35 EAST 125TH STREET	NEW YORK	NY	10035	342049530	education	NY	2	501(C)(3)	NA

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	true	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	true	PerformOfServicesByOtherOrgs
Sharing Of Facilities	true	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	true	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
Harlem Children's Zone
C	350000
Harlem Children's Zone
M, N	4171642