VILLAGE ACADEMIES INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- VILLAGE ACADEMIES INC (EIN 13-4186070)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-06-19
- IRS object ID
- 202541709349300524
- Schema version
- 2023v6.0
- 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 G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-19T10:19:44-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331374517 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 TICE BOULEVARD SUITE 315 | AddressLine1Txt |
| City | WOODCLIFF LAKE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134186070 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VILLAGE ACADEMIES NETWORK INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VILL | BusinessNameControlTxt |
| Phone | 6468129500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 WEST 124TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10027 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHUCK KLEIN | PersonNm |
| Person Title | VICE PRESIDENT OF FINANCE | PersonTitleTxt |
| Phone | 6468129500 | PhoneNum |
| Signature | 2025-06-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SACHA RICHARDS | PreparerPersonNm |
| PTIN | P01378509 | PTIN |
| Phone | 2017129800 | PhoneNum |
| Preparation | 2025-06-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARLEM VILLAGE ACADEMIES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DEBORAH A KENNY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 WEST 124TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $17,466,935 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HARLEMVILLAGEACADEMIES.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO IMPROVE PUBLIC EDUCATION BY DEVELOPING A MODEL PUBLIC SCHOOL SYSTEM THAT CAN BE REPLICATED. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 41 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,528,728 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,622,715 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,259,434 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,777,018 | CYProgramServiceRevenueAmt |
| PY Investment Income | $295,454 | PYInvestmentIncomeAmt |
| CY Investment Income | $606,561 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | -$354,865 | CYOtherRevenueAmt |
| PY Total Revenue | $7,083,616 | PYTotalRevenueAmt |
| CY Total Revenue | $13,651,429 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $825,226 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,775,463 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,006,686 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,297,960 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $949,967 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,050,436 | PYOtherExpensesAmt |
| CY Other Expenses | $4,925,517 | CYOtherExpensesAmt |
| PY Total Expenses | $9,882,348 | PYTotalExpensesAmt |
| CY Total Expenses | $11,998,940 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,798,732 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,652,489 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $54,753,958 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,780,065 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,719,805 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $12,546,448 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $42,034,153 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,233,617 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROMOTE THE COMMON GOOD THROUGH THE ADVANCEMENT OF EDUCATION FOR CHILDREN IN DISADVANTAGED AND LOW INCOME COMMUNITIES; SUCH ADVANCEMENT INCLUDES RESEARCH, DEVELOPMENT, AND TRAINING ON CURRICULUM AND INSTRUCTIONAL PRACTICE, THE PROVISION OF CHARITABLE AND EDUCATIONAL SERVICES, AND THE DESIGN OF A MODEL PUBLIC SCHOOL SYSTEM. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,370,246 | ExpenseAmt |
| Grant | $1,775,463 | GrantAmt |
| Revenue | $3,777,018 | RevenueAmt |
| Desc | THE ORGANIZATION SUPPORTED THE NETWORK OF HARLEM VILLAGE ACADEMIES SCHOOLS THROUGH ENRICHMENT PROGRAMS, EDUCATIONAL MATERIALS, PROFESSIONAL DEVELOPMENT, TEACHER RECRUITING, CURRICULUM AND STANDARDS DEVELOPMENT, FAMILY AND COMMUNITY OUTREACH, AND OPERATIONAL SUPPORT SERVICES, INCLUDING FISCAL MANAGEMENT SUPPORT. | Desc |
| Total Program Service Expenses | $10,370,246 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 47 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 41 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHUCK KLEIN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6468129571 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 35 WEST 124TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10027 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JEFFREY MAYER | |||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN LEGEND | |||||||
| VICE-CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JEFFREY VERSCHLEISER | |||||||
| TREASURER/SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KOFI APPENTENG | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT BARNETT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATIE COURIC | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN GRAY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLEN HORING | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HUGH JACKMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS L KEMPNER JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD LEWIS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LORI MOORE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JANE OCH | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FIONA RUDIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SAMIRA SINE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF WILPON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MELBA WILSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH A KENNY | |||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $696,243 | $0 | $29,875 | ||
| CHARLES KLEIN | |||||||
| VICE PRESIDENT OF FINANCE | 40.00 | Yes (X) | $235,444 | $0 | $20,009 | ||
| PAUL LOMEDICO | |||||||
| EXTERNAL AFFAIRS & ADMIN DIRECTOR | 40.00 | $187,042 | $0 | $19,191 | Yes (X) | ||
| INBAR SCHWARTZ | |||||||
| COLLEGE ALUMNI DIRECTOR | 40.00 | $148,687 | $0 | $20,472 | Yes (X) | ||
| GAYLE AMATO | |||||||
| EXECUTIVE ASSISTANT | 40.00 | $150,201 | $0 | $6,839 | Yes (X) | ||
| EDDIE FREEL | |||||||
| SECURITY OFFICER | 40.00 | $137,808 | $0 | $6,130 | Yes (X) | ||
| GARRETT BLOCK | |||||||
| MANAGING DIR. NETWORK OPERATIONS | 40.00 | $128,008 | $0 | $16,661 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,683,433 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $119,177 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LAVINIA GROUP LLC | |||||
| PO BOX 18228 | PALATINE | IL | 60055 | EDUCATION CONSULTING | $987,603 |
| TAURINO MANAGEMENT | |||||
| 67 BLACKBURN LANE | MANHASSET | NY | 11030 | CONSTRUCTION | $953,070 |
| 4TH SECTOR SOLUTIONS INC | |||||
| 8550 UNITED PLAZA BLVD SUITE 601 | BATON ROUGE | LA | 70809 | FINANCIAL CONSULTING | $321,492 |
| RICOH USA INC | |||||
| 300 EAGLEVIEW BLVD | EXTON | PA | 19341 | TECHNOLOGY CONSULTING | $260,902 |
| STRATEGIST FOR GOOD LLC | |||||
| 600 1ST AVE STE 102 | PMB | WA | 98104 | EDUCATION CONSULTING | $203,606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,799,373 | FundraisingAmt |
| Government Grants | $710,236 | GovernmentGrantsAmt |
| All Other Contributions | $7,113,106 | AllOtherContributionsAmt |
| Noncash Contributions | $209,781 | NoncashContributionsAmt |
| Total Contributions | $9,622,715 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MANAGEMENT FEES | 541610 | $2,623,986 | $2,623,986 |
| RENTAL INCOME- SCHOOL | 531120 | $1,153,032 | $1,153,032 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,777,018 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $591,410 | TotalRevenueColumnAmt |
| Exclusion | $591,410 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,444,792 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,429,641 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,151 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,151 | TotalRevenueColumnAmt |
| Exclusion | $15,151 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $31,000 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,799,373 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $385,865 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$354,865 | TotalRevenueColumnAmt |
| Exclusion | -$354,865 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,651,429 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,777,018 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $251,696 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,774,900 | TotalAmt |
| Program Services | $1,774,900 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $563 | TotalAmt |
| Program Services | $563 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $992,470 | TotalAmt |
| Program Services | $784,051 | ProgramServicesAmt |
| Management And General | $89,322 | ManagementAndGeneralAmt |
| Fundraising | $119,097 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,603,279 | TotalAmt |
| Program Services | $2,830,003 | ProgramServicesAmt |
| Management And General | $340,523 | ManagementAndGeneralAmt |
| Fundraising | $432,753 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,458 | TotalAmt |
| Program Services | $39,594 | ProgramServicesAmt |
| Management And General | $4,803 | ManagementAndGeneralAmt |
| Fundraising | $6,061 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $315,038 | TotalAmt |
| Program Services | $247,614 | ProgramServicesAmt |
| Management And General | $29,592 | ManagementAndGeneralAmt |
| Fundraising | $37,832 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,715 | TotalAmt |
| Program Services | $264,775 | ProgramServicesAmt |
| Management And General | $31,507 | ManagementAndGeneralAmt |
| Fundraising | $40,433 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,688 | TotalAmt |
| Program Services | $10,764 | ProgramServicesAmt |
| Management And General | $1,281 | ManagementAndGeneralAmt |
| Fundraising | $1,643 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,731 | TotalAmt |
| Program Services | $76,081 | ProgramServicesAmt |
| Management And General | $26,812 | ManagementAndGeneralAmt |
| Fundraising | $11,838 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $831,641 | TotalAmt |
| Program Services | $590,757 | ProgramServicesAmt |
| Management And General | $70,297 | ManagementAndGeneralAmt |
| Fundraising | $170,587 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,627 | TotalAmt |
| Program Services | $357,254 | ProgramServicesAmt |
| Management And General | $163 | ManagementAndGeneralAmt |
| Fundraising | $210 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,338 | TotalAmt |
| Program Services | $92,369 | ProgramServicesAmt |
| Management And General | $10,946 | ManagementAndGeneralAmt |
| Fundraising | $14,023 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $340,042 | TotalAmt |
| Program Services | $267,391 | ProgramServicesAmt |
| Management And General | $31,819 | ManagementAndGeneralAmt |
| Fundraising | $40,832 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,676 | TotalAmt |
| Program Services | $31,353 | ProgramServicesAmt |
| Management And General | $14,595 | ManagementAndGeneralAmt |
| Fundraising | $18,728 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,465 | TotalAmt |
| Program Services | $23,956 | ProgramServicesAmt |
| Management And General | $2,851 | ManagementAndGeneralAmt |
| Fundraising | $3,658 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $472,676 | TotalAmt |
| Program Services | $472,676 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $989,929 | TotalAmt |
| Program Services | $989,929 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,015 | TotalAmt |
| Program Services | $76,289 | ProgramServicesAmt |
| Management And General | $9,077 | ManagementAndGeneralAmt |
| Fundraising | $11,649 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT RECRUITING | $843,707 | $843,707 | ||
| PROFESSIONAL DEVELOPMEN | $374,997 | $374,997 | ||
| STUDENT ENRICHMENT | $161,791 | $127,224 | $15,139 | $19,428 |
| REPAIRS & MAINTENANCE | $91,287 | $91,287 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,907 | TotalAmt |
| Program Services | $2,712 | ProgramServicesAmt |
| Fundraising | $21,195 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,998,940 | TotalAmt |
| Program Services | $10,370,246 | ProgramServicesAmt |
| Management And General | $678,727 | ManagementAndGeneralAmt |
| Fundraising | $949,967 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,402,496 | BOYAmt |
| EOY | $2,501,708 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,688,950 | BOYAmt |
| EOY | $11,035,227 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,438,077 | BOYAmt |
| EOY | $1,861,443 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $838,079 | BOYAmt |
| EOY | $1,723,454 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,603 | BOYAmt |
| EOY | $11,491 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $44,257,972 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $10,064,181 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,119,271 | BOYAmt |
| EOY | $34,193,791 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,233,482 | BOYAmt |
| EOY | $2,452,951 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,753,958 | BOYAmt |
| EOY | $53,780,065 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $390,880 | BOYAmt |
| EOY | $728,292 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $513,755 | BOYAmt |
| EOY | $442,569 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,200 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,121,970 | BOYAmt |
| EOY | $9,875,587 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,000 | BOYAmt |
| EOY | $1,500,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,719,805 | BOYAmt |
| EOY | $12,546,448 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,346,076 | BOYAmt |
| EOY | $40,582,410 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $688,077 | BOYAmt |
| EOY | $651,207 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,034,153 | BOYAmt |
| EOY | $41,233,617 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,753,958 | BOYAmt |
| EOY | $53,780,065 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,652,489 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$2,453,025 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,077,436 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,169,965 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,842,848 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,528,728 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,912,479 | CurrentTaxYearAmt |
| Total | $24,531,456 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,077,436 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,169,965 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,842,848 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,528,728 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,912,479 | CurrentTaxYearAmt |
| Total | $24,531,456 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $12,416,000 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,115,456 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $183,292 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,775 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,131 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $294,418 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $591,410 | CurrentTaxYearAmt |
| Total | $1,076,026 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,889 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,959,200 | CurrentTaxYearMinus3YearsAmt |
| Total | $2,981,089 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $28,588,571 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $11,300,116 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.42380 | PublicSupportCY170Pct |
| Public Support PY170 | 0.50130 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2019 AMOUNT: $ 21,889. FORGIVENESS OF DEBT - NMTC - 2020 AMOUNT: $ 2,959,200. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,902,710 | OtherCostOrOtherBasisAmt |
| Book Value | $6,902,710 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,325,275 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,048,617 | DepreciationAmt |
| Book Value | $24,276,658 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,250,925 | OtherCostOrOtherBasisAmt |
| Depreciation | $318,336 | DepreciationAmt |
| Book Value | $2,932,589 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $533,050 | OtherCostOrOtherBasisAmt |
| Depreciation | $464,285 | DepreciationAmt |
| Book Value | $68,765 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $246,012 | OtherCostOrOtherBasisAmt |
| Depreciation | $232,943 | DepreciationAmt |
| Book Value | $13,069 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $34,193,791 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,205,279 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $6,875 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $6,875 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,198,404 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,453,025 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,453,025 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,651,429 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,005,815 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $6,875 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $6,875 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,998,940 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,998,940 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON OFFICER'S LIFE INSURANCE POLICY 2,453,025. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL BENEFIT | Event1Nm |
| Gross Receipts Event1 | $1,830,373 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,799,373 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $31,000 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $115,222 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $62,100 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $98,662 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $109,881 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,830,373 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,799,373 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $31,000 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $115,222 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $62,100 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $98,662 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $109,881 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $385,865 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$354,865 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| HARLEM VILLAGE ACADEMY WEST CHARTER SCHOOL | ||||||||
| 35 WEST 124TH STREET | NEW YORK | NY | 10027 | 223880680 | 501(C)(3) | $1,404,950 | $0 | TO SUPPORT THE SCHOOL |
| HARLEM VILLAGE ACADEMY EAST CHARTER SCHOOL | ||||||||
| 35 WEST 124TH STREET | NEW YORK | NY | 10027 | 113661253 | 501(C)(3) | $369,950 | $0 | TO SUPPORT THE SCHOOL |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PROVIDES COLLEGE SCHOLARSHIPS TO STUDENTS BASED ON ACADEMIC SUCCESS IN MIDDLE SCHOOL. THE PRINCIPALS OF THE MIDDLE SCHOOLS SELECT THE SCHOLARSHIP RECIPIENTS BASED ON ACADEMIC SUCCESS AND STUDENT ACTIVITIES. STUDENTS WHO RECEIVE SCHOLARSHIPS MUST COMPLETE FOUR YEARS OF HIGH SCHOOL AT HARLEM VILLAGE ACADEMIES AND MAINTAIN ACADEMIC SUCCESS. PAYMENTS ARE MADE DIRECTLY TO THE COLLEGE FOR TUITION, ROOM AND BOARD. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DEBORAH A KENNY | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $418,382 | $0 | $274,750 | $0 | $3,111 | $0 | $13,200 | $0 | $16,675 | $0 | $726,118 | $0 | $0 | $0 |
| CHARLES KLEIN | ||||||||||||||
| VICE PRESIDENT OF FINANCE | $235,186 | $0 | $0 | $0 | $258 | $0 | $9,542 | $0 | $10,467 | $0 | $255,453 | $0 | $0 | $0 |
| PAUL LOMEDICO | ||||||||||||||
| EXTERNAL AFFAIRS & ADMIN DIRECTOR | $186,952 | $0 | $0 | $0 | $90 | $0 | $7,552 | $0 | $11,639 | $0 | $206,233 | $0 | $0 | $0 |
| INBAR SCHWARTZ | ||||||||||||||
| COLLEGE ALUMNI DIRECTOR | $148,639 | $0 | $0 | $0 | $48 | $0 | $6,040 | $0 | $14,432 | $0 | $169,159 | $0 | $0 | $0 |
| GAYLE AMATO | ||||||||||||||
| EXECUTIVE ASSISTANT | $149,439 | $0 | $0 | $0 | $762 | $0 | $6,192 | $0 | $647 | $0 | $157,040 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PAID PERFORMANCE BASED BONUSES IN 2023, WHICH WERE INCLUDED IN THE EMPLOYEES W-2. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBORAH A KENNY | PersonNm |
| Relationship With Org | CEO | RelationshipWithOrgTxt |
| Loan Purpose | LIFE INSURANCE | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $4,500,000 | OriginalPrincipalAmt |
| Balance Due | $1,723,454 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,723,454 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART II: | FormAndLineReferenceDesc |
| Explanation | THE CEO IS A PARTICIPANT IN A SPLIT-DOLLAR INSURANCE PLAN. THE CEO IS THE OWNER OF THE POLICY UTILIZED IN THE ARRANGEMENT, AND THE ORGANIZATION SHALL RECEIVE REPAYMENT OF ALL PREMIUM LOANS, INCLUDING INTEREST, IN ACCORDANCE WITH THE PLAN DOCUMENTS. FOR TAX PURPOSES, THE PREMIUMS ARE TREATED AS NONRECOURSE SPLIT-DOLLAR LOANS UNDER 26 CFR 1.7872-15. THE OBLIGATION OF THE CEO TO REPAY THE ORGANIZATION IS A NON-RECOURSE OBLIGATION. THE ORGANIZATION MAY ONLY RECOVER AMOUNTS DUE FROM THE POLICIES. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $209,781 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG. SELLING PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B) | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY MANAGEMENT, AND THEN FILED WITH THE IRS. IT IS SENT OUT TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES AFTER THE RETURN HAS BEEN FILED, AND THEN THE FULL BOARD UPON THE COMMITTEE'S APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES (IF ANY). ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST IS REQUIRED TO BE PROMPTLY DISCLOSED IN GOOD FAITH IN WRITING TO EACH MEMBER OF THE BOARD, TOGETHER WITH ALL MATERIAL FACTS KNOWN TO SUCH DIRECTOR, OFFICER OR EMPLOYEE WITH RESPECT TO AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD. ANY DIRECTOR, OFFICER OR EMPLOYEE TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES MUST LEAVE THE ROOM WHILE DELIBERATIONS ARE CONDUCTED. ANY MATTER INVOLVING AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS APPROVED BY A MAJORITY VOTE OF THE BOARD MEMBERS PRESENT AND VOTING AT THE MEETING; PROVIDED THAT THE DIRECTOR TO WHICH THE POTENTIAL OR ACTUAL CONFLICT OF INTEREST RELATES IS NOT BE PERMITTED TO VOTE. DISCUSSIONS AND DECISIONS REGARDING CONFLICTS OF INTEREST ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. PRIOR TO THE INITIAL ELECTION OR APPOINTMENT OF A DIRECTOR TO THE BOARD, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTOR, IN ADDITION TO ALL OFFICERS AND EMPLOYEES, ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. EACH DIRECTOR, OFFICER AND EMPLOYEE MUST ALSO ANNUALLY SIGN AND SUBMIT TO THE BOARD SECRETARY A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, AND VICE PRESIDENT OF FINANCE WAS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. AN INDEPENDENT COMPENSATION CONSULTANT AND REVIEW OF COMPARABILITY DATA, INCLUDING THE FORMS 990 OF SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS, WAS UTILIZED IN DETERMINING COMPENSATION. THE PROCESS WAS LAST CONDUCTED IN 2022 AND WAS DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. |
| FORM 990, PART XI, LINE 9: | LOSS ON OFFICER'S LIFE INSURANCE POLICY -2,453,025. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, AMENDED | FORM 990 WAS AMENDED TO ACCOUNT FOR CHANGES IN THE AUDITED FINANCIAL STATEMENTS TO INCLUDE ACCRUAL OF EMPLOYEE RETENTION CREDIT: 990 PART VIII, LINE 1E 990 PART X, LINE 3 AND LINE 27 SCHEDULE B ADDED DEPARTMENT OF TREASURY SCHEDULE D, PART XI LINE 1 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| HVA 125 LLC | |||||||||
| C/O 35 WEST 124TH STREET | NEW YORK | NY | 10027 | 270412844 | TO DEVELOP AND HOLD A REAL PROPERTY ASSET (HIGH SCHOOL FACILITY). | NY | $0 | $6,882,694 | VILLAGE ACADEMIES NETWORK INC |
| HVA 124 LLC | |||||||||
| C/O 35 WEST 124TH STREET | NEW YORK | NY | 10027 | TO DEVELOP AND HOLD A REAL PROPERTY ASSET (ELEMENTARY SCHOOL FACILITY). | NY | $1,153,032 | $26,847,223 | VILLAGE ACADEMIES NETWORK INC | |
| HVA 60 WEST LLC | |||||||||
| C/O 35 WEST 124TH STREET | NEW YORK | NY | 10027 | TO DEVELOP AND HOLD A REAL PROPERTY ASSET (GRADUATE SCHOOL FACILITY 1). | NY | $0 | $3,614,265 | VILLAGE ACADEMIES NETWORK INC | |
| HVA 126 LLC | |||||||||
| C/O 35 WEST 124TH STREET | NEW YORK | NY | 10027 | TO PAY PREMIUMS ON ONE OR MORE LIFE INSURANCE POLICIES. | NY | $124,115 | $1,723,454 | VILLAGE ACADEMIES NETWORK INC | |
| HVA 2011 LLC | |||||||||
| C/O 35 WEST 124TH STREET | NEW YORK | NY | 10027 | TO DEVELOP AND HOLD A REAL PROPERTY ASSET (GRADUATE SCHOOL FACILITY 2). | NY | $0 | $0 | VILLAGE ACADEMIES NETWORK INC | |