2025-06-19T10:19:44-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 134186070 VILLAGE ACADEMIES NETWORK INC VILL 6468129500 35 WEST 124TH STREET NEW YORK NY 10027 CHUCK KLEIN VICE PRESIDENT OF FINANCE 6468129500 2025-06-19 1 1 SACHA RICHARDS P01378509 2017129800 2025-06-18 2023 2025-03-06 01:10:19Z X HARLEM VILLAGE ACADEMIES DEBORAH A KENNY 35 WEST 124TH STREET NEW YORK NY 10027 17466935 0 X HARLEMVILLAGEACADEMIES.ORG X 2001 NY TO IMPROVE PUBLIC EDUCATION BY DEVELOPING A MODEL PUBLIC SCHOOL SYSTEM THAT CAN BE REPLICATED. 17 17 41 17 0 0 2528728 9622715 4259434 3777018 295454 606561 0 -354865 7083616 13651429 825226 1775463 0 0 5006686 5297960 0 0 949967 4050436 4925517 9882348 11998940 -2798732 1652489 54753958 53780065 12719805 12546448 42034153 41233617 X 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. 0 0 10370246 1775463 3777018 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. 10370246 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 47 0 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CHUCK KLEIN 6468129571 35 WEST 124TH STREET NEW YORK NY 10027 JEFFREY MAYER CHAIRMAN 1.00 X X 0 0 0 JOHN LEGEND VICE-CHAIRMAN 1.00 X X 0 0 0 JEFFREY VERSCHLEISER TREASURER/SECRETARY 1.00 X X 0 0 0 KOFI APPENTENG DIRECTOR 1.00 X 0 0 0 ROBERT BARNETT DIRECTOR 1.00 X 0 0 0 KATIE COURIC DIRECTOR 1.00 X 0 0 0 JONATHAN GRAY DIRECTOR 1.00 X 0 0 0 ELLEN HORING DIRECTOR 1.00 X 0 0 0 HUGH JACKMAN DIRECTOR 1.00 X 0 0 0 THOMAS L KEMPNER JR DIRECTOR 1.00 X 0 0 0 EDWARD LEWIS DIRECTOR 1.00 X 0 0 0 LORI MOORE DIRECTOR 1.00 X 0 0 0 JANE OCH DIRECTOR 1.00 X 0 0 0 FIONA RUDIN DIRECTOR 1.00 X 0 0 0 SAMIRA SINE DIRECTOR 1.00 X 0 0 0 JEFF WILPON DIRECTOR 1.00 X 0 0 0 MELBA WILSON DIRECTOR 1.00 X 0 0 0 DEBORAH A KENNY CHIEF EXECUTIVE OFFICER 40.00 X 696243 0 29875 CHARLES KLEIN VICE PRESIDENT OF FINANCE 40.00 X 235444 0 20009 PAUL LOMEDICO EXTERNAL AFFAIRS & ADMIN DIRECTOR 40.00 X 187042 0 19191 INBAR SCHWARTZ COLLEGE ALUMNI DIRECTOR 40.00 X 148687 0 20472 GAYLE AMATO EXECUTIVE ASSISTANT 40.00 X 150201 0 6839 EDDIE FREEL SECURITY OFFICER 40.00 X 137808 0 6130 GARRETT BLOCK MANAGING DIR. NETWORK OPERATIONS 40.00 X 128008 0 16661 1683433 0 119177 14 0 1 0 LAVINIA GROUP LLC PO BOX 18228 PALATINE IL 60055 EDUCATION CONSULTING 987603 TAURINO MANAGEMENT 67 BLACKBURN LANE MANHASSET NY 11030 CONSTRUCTION 953070 4TH SECTOR SOLUTIONS INC 8550 UNITED PLAZA BLVD SUITE 601 BATON ROUGE LA 70809 FINANCIAL CONSULTING 321492 RICOH USA INC 300 EAGLEVIEW BLVD EXTON PA 19341 TECHNOLOGY CONSULTING 260902 STRATEGIST FOR GOOD LLC 600 1ST AVE STE 102 PMB WA 98104 EDUCATION CONSULTING 203606 9 1799373 710236 7113106 209781 9622715 MANAGEMENT FEES 541610 2623986 2623986 RENTAL INCOME- SCHOOL 531120 1153032 1153032 3777018 591410 591410 3444792 3429641 15151 15151 15151 31000 1799373 385865 -354865 -354865 13651429 3777018 0 251696 1774900 1774900 563 563 992470 784051 89322 119097 3603279 2830003 340523 432753 50458 39594 4803 6061 315038 247614 29592 37832 336715 264775 31507 40433 13688 10764 1281 1643 114731 76081 26812 11838 831641 590757 70297 170587 357627 357254 163 210 117338 92369 10946 14023 340042 267391 31819 40832 64676 31353 14595 18728 30465 23956 2851 3658 472676 472676 989929 989929 97015 76289 9077 11649 STUDENT RECRUITING 843707 843707 PROFESSIONAL DEVELOPMEN 374997 374997 STUDENT ENRICHMENT 161791 127224 15139 19428 REPAIRS & MAINTENANCE 91287 91287 23907 2712 21195 11998940 10370246 678727 949967 1402496 2501708 13688950 11035227 1438077 1861443 838079 1723454 33603 11491 44257972 10064181 35119271 34193791 2233482 2452951 54753958 53780065 390880 728292 513755 442569 193200 0 10121970 9875587 1500000 1500000 12719805 12546448 X 41346076 40582410 688077 651207 42034153 41233617 54753958 53780065 X 1652489 -2453025 X X 0 1 X 1 0 X 3077436 6169965 3842848 2528728 8912479 24531456 3077436 6169965 3842848 2528728 8912479 24531456 12416000 12115456 183292 1775 5131 294418 591410 1076026 21889 2959200 2981089 28588571 11300116 0.42380 0.50130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 21,889. FORGIVENESS OF DEBT - NMTC - 2020 AMOUNT: $ 2,959,200. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6902710 6902710 33325275 9048617 24276658 3250925 318336 2932589 533050 464285 68765 246012 232943 13069 34193791 X 11205279 6875 6875 11198404 2453025 2453025 13651429 12005815 6875 6875 11998940 0 11998940 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. ANNUAL BENEFIT 1830373 1799373 31000 115222 62100 98662 109881 1830373 1799373 31000 115222 62100 98662 109881 385865 -354865 1 HARLEM VILLAGE ACADEMY WEST CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 223880680 501(C)(3) 1404950 0 TO SUPPORT THE SCHOOL HARLEM VILLAGE ACADEMY EAST CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 113661253 501(C)(3) 369950 0 TO SUPPORT THE SCHOOL 2 0 PART I, LINE 2: 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. X 1 1 X X X 0 0 0 0 0 0 0 1 0 DEBORAH A KENNY CHIEF EXECUTIVE OFFICER 418382 0 274750 0 3111 0 13200 0 16675 0 726118 0 0 0 CHARLES KLEIN VICE PRESIDENT OF FINANCE 235186 0 0 0 258 0 9542 0 10467 0 255453 0 0 0 PAUL LOMEDICO EXTERNAL AFFAIRS & ADMIN DIRECTOR 186952 0 0 0 90 0 7552 0 11639 0 206233 0 0 0 INBAR SCHWARTZ COLLEGE ALUMNI DIRECTOR 148639 0 0 0 48 0 6040 0 14432 0 169159 0 0 0 GAYLE AMATO EXECUTIVE ASSISTANT 149439 0 0 0 762 0 6192 0 647 0 157040 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID PERFORMANCE BASED BONUSES IN 2023, WHICH WERE INCLUDED IN THE EMPLOYEES W-2. DEBORAH A KENNY CEO LIFE INSURANCE X 4500000 1723454 0 1 1 1723454 SCHEDULE L, PART II: 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. X 2 209781 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B) 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 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 6882694 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 1153032 26847223 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 3614265 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 124115 1723454 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