2024-05-10T13:09:03-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 810650329 PUBLIC PREP CHARTER SCHOOL ACADEMIES PUBL 2123466000 192 EAST 151ST ST FIRST FLOOR BRONX NY 10451 JANELLE BRADSHAW CEO 2123466000 2024-05-10 1 JANELLE BRADSHAW 999009999 1 JACQUELINE B LEE CPA P00842765 5854231860 2024-05-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JANELLE BRADSHAW 192 EAST 151ST ST FIRST FLOOR BRONX NY 10451 53189146 0 X PUBLICPREP.ORG X 2004 NY THE CHARTER SCHOOL'S MISSION IS TO PREPARE UNDERSERVED ELEMENTARY AND MIDDLE SCHOOL STUDENTS FOR HIGHER EDUCATION, CIVIC INVOLVEMENT AND LIFELONG SUCCESS THROUGH A STRUCTURED, CARING ENVIRONMENT OF HIGH ACADEMIC EXPECTATIONS. 8 8 564 10 0 0 12999478 15202962 40038976 37964005 87 12105 0 10074 53038541 53189146 0 0 0 0 30122826 31552142 0 0 0 21444429 22142820 51567255 53694962 1471286 -505816 30236261 120774697 5513835 96558087 24722426 24216610 THE CHARTER SCHOOL'S MISSION IS TO PREPARE UNDERSERVED ELEMENTARY AND MIDDLE SCHOOL STUDENTS FOR HIGHER EDUCATION, CIVIC INVOLVEMENT AND LIFELONG SUCCESS THROUGH A STRUCTURED, CARING ENVIRONMENT OF HIGH ACADEMIC EXPECTATIONS. 0 0 47860091 36839473 EXPENDITURES TOWARDS IMPLEMENTATION AND OPERATION OF ELEMENTARY AND MIDDLE PUBLIC CHARTER SCHOOLS IN NEW YORK. EXPENSES COVER: SALARIES AND BENEFITS FOR INSTRUCTIONAL AND ADMINISTRATIVE EMPLOYEES, CLASSROOM AND OFFICE SUPPLIES, RECRUITMENT OF STUDENTS AND STAFF, EXTENSIVE PROFESSIONAL DEVELOPMENT, BOOKS, FURNITURE, CONTRACTED EDUCATIONAL SERVICES, INFORMATION TECHNOLOGIES, EQUIPMENT RENTAL AND DEPRECIATION, INSURANCE, LEGAL EXPENSES, CONSULTANTS, LOCAL TRAVEL AND MISCELLANEOUS EXPENSES RELATED TO THE SUCCESSFUL OPERATION OF THE SCHOOLS. 1671196 1134606 EXPENDITURES TOWARDS IMPLEMENTATION AND OPERATION OF 3 PRE-K PUBLIC CHARTER SCHOOLS IN NEW YORK. 49531287 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 27 0 564 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JANELLE BRADSHAW CEO 2123466000 192 EAST 151ST ST FIRST FLOOR BRONX NY 10451 X LAURA WEIL TRUSTEE 1.00 1.00 X 0 0 0 NICOLE KAIL GREENE TRUSTEE 1.00 1.00 X 0 0 0 R BOYKIN CURRY CHAIR 1.00 X X 0 0 0 ERIC GRANNIS TRUSTEE (RESIGNED 12/8/22) 1.00 1.00 X 0 0 0 PAUL A VERMYLEN JR TREASURER (RESIGNED 1/29/24) 1.00 1.00 X X 0 0 0 TAMARA ZACHERY TRUSTEE 1.00 X 0 0 0 KHAIRAH KLEIN TRUSTEE 1.00 X 0 0 0 JUAN MEJIA TRUSTEE (RESIGNED 2/10/24) 1.00 X 0 0 0 JESSICA STRONG GPLES - MS PRINCIPAL 40.00 X 156728 0 22623 KATRINA LIEBST GPLES -ES PRINCIPAL 40.00 X 132854 0 12987 KENDRA RADKOWSKI GPBX - MS PRINCIPAL 40.00 X 129754 0 13314 ROBIN MILLINER-JOHNSON GPBX - ES PRINCIPAL 40.00 X 138231 0 0 HANNAH WERNO ACADEMIC DIRECTOR (THRU 9/25/23) 40.00 X 114471 0 12774 YAEL G NURKO ASSISTANT DIRECTOR OF CONTENT 40.00 X 113127 0 12714 785165 0 74412 14 0 1 0 FRIENDS OF PUBLIC PREP ACADEMIES INC 192 EAST 151ST STREET BRONX NY 10451 RENT 5753324 PUBLIC PREPARATORY NETWORK INC 192 EAST 151ST STREET BRONX NY 10451 MANAGEMENT SERVICES 2434083 ABOUT THE WORK 40 EXCHANGE PLACE SUITE 1708 NEW YORK NY 10005 BUILDNG CONSULTANT 182220 VERTEX PARTNERSHIP ACADEMIES INC 1160 BEACH AVE BRONX NY 10472 MANAGEMENT SERVICES 179197 LAVINIA GROUP LLC 1 MAIN STREET BROOKLYN NY 11201 EDUCATIONAL CONSULTING SERVICES 174220 6 13901849 1301113 157256 15202962 STATE & LOCAL PER PUPIL OPERATING 611110 36883731 36883731 MEAL REIMBURSEMENTS - FED. & STAT 611110 970491 970491 AFTER SCHOOL 611110 80984 80984 OTHER INCOME 611110 28799 28799 37964005 12105 12105 10074 0 10074 10074 10074 53189146 37974079 0 12105 203091 182782 20309 25900326 23759472 2140854 467159 427003 40156 2959318 2718361 240957 2022248 1854245 168003 5392780 4930122 462658 297757 272989 24768 99685 99685 2242990 2185793 57197 518815 490132 28683 528904 463837 65067 647783 645498 2285 7333776 6838062 495714 1517732 1391937 125795 336622 309332 27290 SUPPLIES AND MATERIALS 1193770 1193770 FOOD SERVICE 943292 943292 STAFF DEVELOPMENT 561607 516593 45014 STUDENT SERVICES 280700 280700 246607 127367 119240 53694962 49531287 4163675 0 14574656 4267701 625000 7504989 3487853 7516832 489409 261240 10659687 8287947 2664091 2371740 8395252 98852195 30236261 120774697 3922692 5403277 475438 81234 158077 0 957628 91073576 5513835 96558087 X 24719584 24213768 2842 2842 24722426 24216610 30236261 120774697 -505816 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1315419 1069892 245527 6216801 2436911 3779890 3127467 4781144 -1653677 2371740 SECURITY DEPOSIT 502325 RELATED PARTY RECEIVABLES 9000673 CASH IN ESCROW 119 RIGHT-OF-USE ASSETS 89349078 98852195 LEASE LIABILITY 91073576 91073576 X 58235145 5045999 5045999 53189146 0 53189146 58740961 5045999 5045999 53694962 0 53694962 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. PUBLIC PREP ACADEMIES FILE FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THIS POLICY IS CLEARLY STATED ON OUR WEBSITE, DURING RECRUITMENT PRESENTATION AND ON RECRUITMENT MATERIALS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES GRANTS FROM NEW YORK STATE AND THE FEDERAL GOVERNMENT. X X X 0 0 0 0 0 0 0 0 0 JESSICA STRONG GPLES - MS PRINCIPAL 156728 0 0 0 0 0 8110 0 14513 0 179351 0 0 0 X 157256 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL DELEGATES CERTAIN MANAGEMENT AND OTHER ADMINISTRATIVE SUPPORT RESPONSIBILITIES RELATING TO PRE-K THROUGH 8TH GRADE TO PUBLIC PREPARATORY NETWORK, INC. (PPN), AN UNRELATED 501(C)(3) ORGANIZATION. JANELLE BRADSHAW, CEO, IS AN EMPLOYEE OF PPN. PPN WAS PAID $5,141,876 IN MANAGEMENT FEES DURING FISCAL YEAR ENDING JUNE 30, 2023 FOR SERVICES PROVIDED TO THE SCHOOL, INCLUDING THE SERVICES OF THE CEO. THE SCHOOL DELEGATES CERTAIN MANAGEMENT AND ADMINISTRATIVE SUPPORT RESPONSIBILITIES RELATING TO THE HIGH SCHOOL GRADES TO VERTEX PARTNERSHIP ACADEMIES (VERTEX), AN UNRELATED 501(C)(3). VERTEX WAS PAID $250,904 IN MANAGEMENT FEES DURING FISCAL YEAR ENDING JUNE 30, 2023 FOR SERVICES PROVIDED TO THE SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED WITH THE ASSISTANCE OF THE FINANCIAL CONSULTANT AND THE CONTROLLER. IT IS REVIEWED BY THE CEO AND BOARD APPROVAL IS GIVEN BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE BOUND BY FIDUCIARY DUTY TO DISCLOSE ANY CONFLICTS. ANNUALLY A RESOLUTION IS ADOPTED REAFFIRMING A COMMITMENT TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 PUBLIC PREP HAS ESTABLISHED A SALARY SCALE FOR ALL INSTRUCTIONAL AND NON-INSTRUCTIONAL STAFF POSITIONS. FOR INSTRUCTIONAL POSITIONS, THE SALARY SCALE CREDITS EMPLOYEES FOR COMPLETED YEARS OF EXPERIENCE, DEGREES, AND NYS DOE TEACHER CERTIFICATION. FOR NON-INSTRUCTIONAL POSITIONS, THE SALARY SCALE CREDITS YEARS OF EXPERIENCE WITH THE JOB REQUIREMENTS. ANY CHANGES TO A STAFF MEMBER'S SALARY WILL BE APPROVED BY THE DIRECTOR OF HUMAN RESOURCES IN WRITING OR ELECTRONICALLY AND DOCUMENTED VIA A PAYROLL STATUS CHANGE FORM. A COPY OF THIS FORM WILL BE MAINTAINED IN THE EMPLOYEE FILE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE LOCATED AT THE ORGANIZATION DURING REGULAR BUSINESS HOURS AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS. FRIENDS OF PUBLIC PREP ACADEMIES INC 192 EAST 151ST STREET BRONX NY 10451 731684599 SUPPORTS THE SCHOOL IN FACILITY DEVELOPMENT, RECRUITING & FUNDRAISING NY 501(C)(3) LINE 7 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 FRIENDS OF PUBLIC PREP ACADEMIES INC D 8738025 BOOK FRIENDS OF PUBLIC PREP ACADEMIES INC K 6628888 BOOK