2018-05-07T12:37:59-05:00 2017-06-30 271728945 PKF O'Connor Davies LLP 665 Fifth Avenue New York NY 10022 990 2016-07-01 134186070 VILLAGE ACADEMIES NETWORK INC VILL 6468129500 35 WEST 124TH STREET NEW YORK NY 10027 chuck klein vice president of finance 6468129500 2018-05-07 1 Garrett M Higgins P00543209 2122862600 2018-05-07 2016 2022-09-23 18:48:47Z harlem village academies chuck klein 35 WEST 124TH STREET NEW YORK NY 10027 15386242 0 X harlemvillageacademies.org X 2001 NY TO IMPROVE PUBLIC EDUCATION BY DEVELOPING A MODEL PUBLIC SCHOOL SYSTEM THAT CAN BE REPLICATED. 9 9 44 11 0 0 4851813 4474848 0 912000 14424 607901 1055231 -224378 5921468 5770371 912000 696200 0 0 3345236 2234762 65000 65000 967273 3275009 2607801 7597245 5603763 -1675777 166608 60577997 60716071 19221433 19192899 41356564 41523172 X Promote the common good through the advancement of education for children in disadvantaged and low income communities; such advancement shall include 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 4120218 696200 912000 THE ORGANIZATION SUPPORTED SCHOOLS THROUGH ENRICHMENT PROGRAMS, EDUCATIONAL MATERIALS, PROFESSIONAL DEVELOPMENT, TEACHER RECRUITING, CURRICULUM AND STANDARDS DEVELOPMENT, FAMILY AND COMMUNITY OUTREACH, START-UP AND EXPANSION SUPPORT AND OPERATIONAL SUPPORT SERVICES, including fiscal management support. 4120218 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 65 0 44 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 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 Katie couric trustee 1.00 X 0 0 0 jonathan gray Trustee 1.00 X 0 0 0 hugh jackman trustee 1.00 X 0 0 0 thomas l kempner jr trustee 1.00 X 0 0 0 edward lewis trustee 1.00 X 0 0 0 Suna Said Maslin trustee until August 2016 1.00 X 0 0 0 rupert murdoch trustee until May 2017 1.00 X 0 0 0 jane och trustee 1.00 X 0 0 0 deborah a kenny chief executive officer 40.00 X 530169 0 31356 charles klein Vice President of Finance 40.00 X 203508 0 18535 ELISSA FISHMAN CHIEF FINANCE AND ADMIN. Officer 40.00 X 288575 0 40678 Robert Ollwerther COO starting Jan. 2017 40.00 X 0 0 0 Donna Santman Academic Director 40.00 X 152322 0 22556 Elizabeth Craig Academic Director 40.00 X 151035 0 6579 Paul LoMedico EXTERNAL AFFAIRS AND ADMIN 40.00 X 143243 0 13811 Ellen Rice Academic Director 40.00 X 143058 0 18069 Gayle Amato Administrative Assistant 40.00 X 127826 0 15735 1739736 0 167319 14 0 1 0 Lavinia Group LLC 1 Main Street 5D BrooKLYN NY 11201 ACADEMIC consultant 271498 INNOVATIVE PHILANTHROPY LLC 5 HANOVER SQUARE SUITE 2103 new york NY 10004 DEVELOPMENT CONSULTANT 126250 2 3456963 1017885 4474848 Rental Income- School 531120 912000 912000 912000 15644 15644 9867000 9274743 592257 592257 592257 116750 3456963 341128 -224378 -224378 5770371 912000 0 383523 650000 650000 46200 46200 1138342 800234 127465 210643 656781 461705 73543 121533 147626 103779 16530 27317 189554 133253 21225 35076 102459 72027 11473 18959 59247 41650 6634 10963 53932 29302 16917 7713 65000 65000 72365 50871 8103 13391 28669 20154 3210 5305 210313 147846 23550 38917 136584 96016 15294 25274 21336 14999 2389 3948 121968 121968 629924 442825 70536 116563 846801 595286 94820 156695 79344 55777 8885 14682 STAFF RECRUITING 137773 137773 STUDENT ENRICHMENT 89779 63113 10053 16613 other FUNDRAISING EXPEN 69351 69351 other expenses 50415 35440 5645 9330 5603763 4120218 516272 967273 313367 56169 6784637 18001992 5567137 1900813 500000 26185 82038 42043496 3546885 47437615 38496611 449056 1678448 60577997 60716071 373379 819619 495554 520780 18352500 17852500 19221433 19192899 X 22606944 25852860 18749620 15670312 41356564 41523172 60577997 60716071 166608 0 X X 0 1 X 1 0 X 15539052 7217550 7999752 4851813 4474848 40083015 15539052 7217550 7999752 4851813 4474848 40083015 12435648 27647367 5915 10826 5346 14424 15644 52155 40135170 912000 0.68890 0.73590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7555019 7555019 33916049 3114400 30801649 170459 98336 72123 186115 137835 48280 215854 196314 19540 38496611 X 6268112 156613 341128 497741 5770371 0 5770371 6101504 156613 341128 497741 5603763 0 5603763 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, 2014. Part XI, Line 2d - Other Adjustments: Direct cost of special event 341,128. Part XII, Line 2d - Other Adjustments: Direct cost of special event 341,128. X X X X 1 Innovative Philanthropy LLC 5 Hanover Square suite 2103 new york NY 10004 concert fundraiser 1 3573713 65000 3508713 3573713 65000 3508713 NY concert 3573713 3456963 116750 102905 98315 139908 3573713 3456963 116750 102905 98315 139908 341128 -224378 1 HARLEM VILLAGE ACADEMY CHARTER SCHOOL 35 WEST 124TH STREET NEW YORK NY 10027 223880680 501(C)(3) 650000 to assist with operating costs for the school year 2016-2017. 1 0 Scholarships 23 46200 Part I, Line 2: The organization remits funds to HARLEM VILLAGE ACADEMY CHARTER SCHOOL at year end after all expenses have been incurred. The funds are used to support general operating costs. In addition, the organization provides scholarships to students based on financial need, which is determined based on an application process. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 deborah a kenny chief executive officer 322566 0 204750 0 2853 0 10600 0 20756 0 561525 0 0 0 charles klein Vice President of Finance 183418 0 20000 0 90 0 8255 0 10280 0 222043 0 0 0 ELISSA FISHMAN CHIEF FINANCE AND ADMIN. Officer 238437 0 50000 0 138 0 10600 0 30078 0 329253 0 0 0 Donna Santman Academic Director 152232 0 0 0 90 0 6081 0 16475 0 174878 0 0 0 Elizabeth Craig Academic Director 151035 0 0 0 0 0 6041 0 538 0 157614 0 0 0 Paul LoMedico EXTERNAL AFFAIRS AND ADMIN 143189 0 0 0 54 0 5739 0 8072 0 157054 0 0 0 Ellen Rice Academic Director 142811 0 0 0 247 0 2837 0 15232 0 161127 0 0 0 Part I, Line 1a THE CHIEF EXECUTIVE OFFICER RECEIVES A $25,000 HOUSING ALLOWANCE PER YEAR IN EQUAL INSTALLMENTS. THE TOTAL IS INCLUDED IN FORM W-2 AS GROSS COMPENSATION. Part I, Line 7 The following individuals received performance bonuses as reported on Form 990, Part VII: Deborah A. Kenny, Chief Executive Officer- $204,750 Charles Klein, VP of Finance- $20,000 Elissa Fishman, Chief Finance and Administration Officer - $50,000 Gayle Amato, Administrative Assistant- $7,000 Form 990, Part VI, Section B, line 11b FORM 990 IS REVIEWED BY MANAGEMENT, AND THE FINANCE PERSONNEL OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD TO THE AUDITING FIRM, AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS. Form 990, Part VI, Section B, line 12c The organization has a conflict of interest policy applicable to all trustees, officers and key employees (if any). ALL applicable individuals ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT ANNUALLY, DISCLOSING ANY possible conflict of interest and be given the opportunity to disclose all material facts to the trustees or committee with Board delegated powers. After disclosure of all material facts, and after any discussions with the interested person, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining, disinterested Trustees or committee members shall decide if a conflict of interest exists. The Board or committee shall determine by a majority vote of the disinterested Trustees or committee members whether a conflict exists. Deliberation and decisions are recorded in the minutes of the board. Annual disclosure statements are reviewed annually by the Audit Committee. Form 990, Part VI, Section B, line 15 Compensation of officers is determined by the board of directors using comparability data, including the form 990s of similarly situated non-profit organizations. The process was last conducted in 2016 and was documented in the board minutes. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS available upon request. The Form 990 is also available on guidestar.org. Form 990, Part XII, Line 2c: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. The process has not changed from the prior year. 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 592257 7872508 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 912000 26981696 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 3046735 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 2469730 VILLAGE ACADEMIES NETWORK INC