2025-05-05T14:46:57-05:00 2024-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2023-07-01 810650329 PUBLIC PREP CHARTER SCHOOL ACADEMIES PUBL 2123466000 192 EAST 151ST STREET 1ST FLOOR BRONX NY 10451 R BOYKIN CURRY CHAIR 2123466000 2025-04-24 1 1 JACQUELINE B LEE CPA P00842765 5854231860 2025-04-25 2023 2025-03-06 01:10:19Z R BOYKIN CURRY 192 EAST 151ST STREET 1ST FLOOR BRONX NY 10451 49845060 0 X PUBLICPREP.ORG X 2004 NY OUR MISSION IS SIMPLE: WE AIM TO GUIDE CHILDREN TO REALIZE THEIR INHERENT GREATNESS. FROM A VERY YOUNG AGE, WE REINFORCE TO OUR SCHOLARS THAT THEY ARE AGENTS OF CHANGE. WE GUIDE SCHOLARS TO EMBODY THE VALUES OF SCHOLARSHIP, EXCELLENCE, COMMUNITY, AND INTEGRITY AS THEY DEVELOP THEIR ABILITIES TO READ, WRITE, LISTEN, SPEAK, CREATE, AND THINK CRITICALLY ACROSS DISCIPLINES. WITH A PARTICULAR FOCUS ON SCIENCE, THE ARTS, AND MATH, WE PREPARE THEM TO NAVIGATE AND CONTRIBUTE MEANINGFULLY TO AN INCREASINGLY COMPLEX WORLD. 6 6 492 8 0 0 15202962 14878498 37964005 34583988 12105 382574 10074 0 53189146 49845060 0 0 0 0 31552142 26405547 0 0 0 22142820 22089129 53694962 48494676 -505816 1350384 120774697 118414017 96558087 92847023 24216610 25566994 X OUR MISSION IS SIMPLE: WE AIM TO GUIDE CHILDREN TO REALIZE THEIR INHERENT GREATNESS. FROM A VERY YOUNG AGE, WE REINFORCE TO OUR SCHOLARS THAT THEY ARE AGENTS OF CHANGE. WE GUIDE SCHOLARS TO EMBODY THE VALUES OF SCHOLARSHIP, EXCELLENCE, COMMUNITY, AND INTEGRITY AS THEY DEVELOP THEIR ABILITIES TO READ, WRITE, LISTEN, SPEAK, CREATE, AND THINK CRITICALLY ACROSS DISCIPLINES. WITH A PARTICULAR FOCUS ON SCIENCE, THE ARTS, AND MATH, WE PREPARE THEM TO NAVIGATE AND CONTRIBUTE MEANINGFULLY TO AN INCREASINGLY COMPLEX WORLD. 0 0 43216766 33309972 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. 1381022 1274016 EXPENDITURES TOWARDS IMPLEMENTATION AND OPERATION OF 2 PRE-K PUBLIC CHARTER SCHOOLS IN NEW YORK. 44597788 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 39 0 492 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MUHAMMAD KHAN 2123466000 192 EAST 151ST STREET 1ST FLOOR BRONX NY 10451 X LAURA WEIL TRUSTEE 1.00 1.00 X 0 0 0 NICOLE KAIL GREENE TRUSTEE 1.00 X 0 0 0 R BOYKIN CURRY CHAIR 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 PAUL A VERMYLEN JR TREASURER - RESIGNED 1/29/24 1.00 X X 0 0 0 SAMUEL GREENE TRUSTEE 1.00 X 0 0 0 KATRINA LIEBST GPLES -ES PRINCIPAL 40.00 X 159244 0 17767 KENDRA RADKOWSKI GPBX - MS PRINCIPAL 40.00 X 159291 0 16578 ROBIN MILLINER-JOHNSON GPBX - ES PRINCIPAL 40.00 X 161139 0 0 NOELANI GABRIEL-HOLT GPBX - II PRINCIPAL 40.00 X 160216 0 8713 STEVE PAUL RESIGNED 40.00 X 154004 0 28397 JESSICA STRONG GPLES - MS PRINCIPAL 40.00 X 105746 0 18352 MIATTA MASSALEY BP ES PRINCIPAL - RESIGNED 6/30/23 40.00 X 123921 0 6423 1023561 0 96230 20 0 1 0 FRIENDS OF PUBLIC PREP ACADEMIES INC 192 EAST 151ST STREET BRONX NY 10451 RENT 6347342 PUBLIC PREPARATORY NETWORK INC 192 EAST 151ST STREET BRONX NY 10451 MANAGEMENT SERVICES 4544823 RED RABBIT LLC 1751 PARK AVE GROUND FLOOR NEW YORK NY 10035 FOOD SERVICES 786476 LAVINIA GROUP LLC 1 MAIN STREET BROOKLYN NY 11201 EDUCATIONAL CONSULTING SERVICES 453060 PARTNERSHIP WITH CHILDREN INC 299 BROADWAY NEW YORK NY 10007 EDUCATIONAL CONSULTING SERVICES 389000 11 13269001 1609497 160304 14878498 STATE & LOCAL PER PUPIL OPERATING 611110 33728589 33728589 MEAL REIMBURSEMENTS - FED. & STAT 611110 723717 723717 OTHER INCOME 611110 72248 72248 AFTER SCHOOL 611110 59434 59434 34583988 382574 382574 49845060 34583988 0 382574 889936 711949 177987 21186454 19999728 1186726 361831 341141 20690 2161545 2038769 122776 1805781 1694943 110838 4948527 3958821 989706 191043 191043 99858 99858 2433306 2113431 319875 491980 461093 30887 290560 270889 19671 465626 443693 21933 7750691 7396598 354093 1562990 1465378 97612 352974 332979 19995 SUPPLIES AND MATERIALS 956824 952213 4611 STUDENT SERVICES 952823 931774 21049 FOOD SERVICE 668909 668909 STAFF DEVELOPMENT 647993 607563 40430 275025 207917 67108 48494676 44597788 3896888 0 4267701 1842314 7504989 7732902 7516832 7798899 261240 606343 12350143 9535642 2371740 2814501 98852195 97619058 120774697 118414017 5403277 4734726 81234 91073576 88112297 96558087 92847023 X 24213768 25235021 2842 331973 24216610 25566994 120774697 118414017 1350384 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2108085 1178154 929931 6994409 5710742 1283667 3247649 2646746 600903 2814501 SECURITY DEPOSIT 502325 RELATED PARTY RECEIVABLES 11257709 CASH IN ESCROW 250576 RIGHT-OF-USE ASSETS 85608448 97619058 LEASE LIABILITY 88112297 88112297 X 54679410 4834350 4834350 49845060 0 49845060 53329026 4834350 4834350 48494676 0 48494676 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 AND FRIENDS FILE FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. IN ADDITION, FRIENDS FILES IN NEW YORK. THE ORGANIZATION'S CURRENT AND PRIOR THREE YEARS TAX RETURNS REMAIN SUBJECT TO REVIEW BY TAXING AUTHORITIES. 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. 0 0 0 0 0 0 0 0 0 STEVE PAUL RESIGNED 154004 0 0 0 0 0 0 0 28397 0 182401 0 0 0 KATRINA LIEBST GPLES -ES PRINCIPAL 159244 0 0 0 0 0 7608 0 10159 0 177011 0 0 0 KENDRA RADKOWSKI GPBX - MS PRINCIPAL 159291 0 0 0 0 0 6419 0 10159 0 175869 0 0 0 NOELANI GABRIEL-HOLT GPBX - II PRINCIPAL 160216 0 0 0 0 0 7608 0 1105 0 168929 0 0 0 ROBIN MILLINER-JOHNSON GPBX - ES PRINCIPAL 161139 0 0 0 0 0 0 0 0 0 161139 0 0 0 X 160304 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 $4,475,122 IN MANAGEMENT FEES DURING FISCAL YEAR ENDING JUNE 30, 2024 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 $473,405 IN MANAGEMENT FEES DURING FISCAL YEAR ENDING JUNE 30, 2024 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 9476269 BOOK FRIENDS OF PUBLIC PREP ACADEMIES INC K 6646967 BOOK