2024-11-15T20:34:29-06:00 2024-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 943453217 CONEY ISLAND PREPARATORY PUBLIC CHARTER SCHOOL CONE 9292755868 626 SHEEPSHEAD BAY ROAD SUITE 560 BROOKLYN NY 11224 KAREN JOHNSON CEO 9292755868 2024-11-15 1 1 SACHA RICHARDS P01378509 2017129800 2024-11-15 2023 2024-10-15 13:58:12Z KAREN JOHNSON 626 SHEEPSHEAD BAY ROAD SUITE 560 BROOKLYN NY 11224 33939737 0 X WWW.CONEYISLANDPREP.ORG X 2008 NY TO PREPARE STUDENTS TO ENTER INTO AND SUCCEED IN THE COLLEGE AND CAREER OF THEIR CHOICE. 9 9 348 9 0 0 4469907 3540679 27942723 29973557 253217 425501 0 0 32665847 33939737 0 0 0 0 23470124 25648137 0 0 26182 9114492 9895693 32584616 35543830 81231 -1604093 39698303 36439841 25039852 23385483 14658451 13054358 LOCATED IN THE HEART OF SOUTHERN BROOKLYN, CONEY ISLAND PREP IS A RIGOROUS K-12 PUBLIC CHARTER SCHOOL. OUR MISSION IS TO ENSURE THAT ALL OF OUR SCHOLARS DEVELOP THE KNOWLEDGE AND CHARACTER TO SUCCEED IN THE COLLEGE AND CAREER OF THEIR CHOICE. 0 0 31069821 0 29973557 FOUNDED IN 2009, CONEY ISLAND PREP SERVED APPROXIMATELY 1,300 SCHOLARS DURING THE 2023-2024 SCHOOL YEAR IN GRADES K-12 ACROSS FOUR CAMPUSES. WHILE SERVING A DIVERSE POPULATION OF STUDENTS, INCLUDING THE MAJORITY FROM LOW-INCOME FAMILIES AND FIRST-GENERATION COLLEGE ASPIRANTS, CONEY ISLAND PREP CONSISTENTLY PROVIDES LIFE CHANGING OPPORTUNITIES. FOR THE EIGHT-CONSECUTIVE YEAR, MORE THAT 95% OF GRADUATES LEAVE CIP WITH ACCEPTANCE TO COLLEGE. 31069821 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 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 0 0 0 0 1 37 0 348 1 0 0 0 0 0 0 0 0 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 X MARCIA HERRERA 9292755868 626 SHEEPSHEAD BAY ROAD SUITE 560 BROOKLYN NY 11224 JOSH WOLFE CHAIRMAN 2.00 X X 0 0 0 JOE HERRERA VICE CHAIR 2.00 X X 0 0 0 JACOB MNOOKIN SECRETARY 2.00 X X 0 0 0 NKONYE OKOH TREASURER 2.00 X X 0 0 0 BRIAN BUCKMIRE TRUSTEE 2.00 X 0 0 0 JULIE GORAN TRUSTEE 2.00 X 0 0 0 JOSEPH TALIA TRUSTEE 2.00 X 0 0 0 SAMANTHA TWEEDY TRUSTEE 2.00 X 0 0 0 NORIAN WATSON TRUSTEE 2.00 X 0 0 0 LESLIE-BERNARD JOSEPH CHIEF EXECUTIVE OFFICER 55.00 X 364217 0 25380 KENNETH KLEGAR CHIEF FINANCIAL OFFICER THRU FEB 2024 55.00 X 181596 0 36303 MARCIA HERRERA INTERIM CHIEF FINANCIAL OFFICER 55.00 X 142429 0 14362 BRITTANY HARPER PRINCIPAL 55.00 X 141129 0 8474 ASHLEY WEECH CHIEF STRATEGY OFFICER 55.00 X 176181 0 35021 LIZA POTTER CHIEF ACADEMIC OFFICER 55.00 X 167056 0 24462 KAREN JOHNSON CHIEF OPERATING OFFICER 55.00 X 190526 0 16731 RACHEL KASHNER CHIEF SCHOOLS OFFICER 55.00 X 163808 0 13678 1526942 0 174411 43 0 1 0 RICOH USA INC 300 EAGLEVIEW BLVD EXTON PA 19341 TECHNOLOGY SERVICES 435889 AC INTERIOR GROUP 30 WALL STREET NEW YORK NY 10005 GENERAL MAINTENANCE 323375 BUTTER BEANS INC 39-01 22ND STREET LONG ISLAND CITY NY 11101 FOOD SERVICE PROVIDER 279993 RED RABBIT LLC 1751 PARK AVE NEW YORK NY 10035 FOOD SERVICE PROVIDER 232564 IGNITE READING PBC 6 PRESIDIO TERRACE SAN FRANCISCO CA 94118 TUTORING 177000 7 3360686 179993 97543 3540679 GOV'T PER-PUPIL REV. 900099 27369424 27369424 GOV'T PER-PUPIL FACILITIES FUNDIN 900099 2604133 2604133 29973557 425501 425501 33939737 29973557 0 425501 731113 329001 387490 14622 20552726 18024733 2522130 5863 429104 379209 49861 34 2196578 1903940 291187 1451 1738616 1496749 240243 1624 14299 12310 1976 13 54033 46513 7466 54 785337 718242 66644 451 224959 193845 31114 254797 219356 35210 231 477936 411554 66059 323 3309687 2851925 457762 173931 149735 24034 162 1217868 1048445 168286 1137 194248 167226 26841 181 STUDENT SERV. SUPPLIES 1806280 1806280 STUDENT MEALS 631357 631357 REPAIRS & MAINTENANCE 413630 356421 57209 PROFESSIONAL DEVELOPMEN 337331 322980 14315 36 35543830 31069821 4447827 26182 292359 907625 8072874 10443621 4285049 2157611 187314 72633 12445517 9805022 3167372 2640495 23693335 20217856 39698303 36439841 1920773 2325614 52419 10165 23066660 21049704 25039852 23385483 X 14658451 13054358 14658451 13054358 39698303 36439841 -1604093 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6925489 5673578 1251911 5378659 3991148 1387511 141369 140296 1073 2640495 RIGHT OF USE ASSETS - OPERATING LEASE 20070127 SECURITY DEPOSITS 147729 20217856 OPERATING LEASE LIABILITY 21049704 21049704 X 33956801 17064 17064 33939737 0 33939737 35560894 17064 17064 35543830 0 35543830 PART X, LINE 2: THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2020-23. SCHEDULE E, PART I, LINE 4 CONEY ISLAND PREPARATORY DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X 0 0 0 0 0 0 0 1 0 LESLIE-BERNARD JOSEPH CHIEF EXECUTIVE OFFICER 336717 0 27500 0 0 0 16500 0 8880 0 389597 0 0 0 KENNETH KLEGAR CHIEF FINANCIAL OFFICER THRU FEB 2024 181596 0 0 0 0 0 9500 0 26803 0 217899 0 0 0 ASHLEY WEECH CHIEF STRATEGY OFFICER 176181 0 0 0 0 0 9128 0 25893 0 211202 0 0 0 KAREN JOHNSON CHIEF OPERATING OFFICER 178026 0 12500 0 0 0 8234 0 8497 0 207257 0 0 0 LIZA POTTER CHIEF ACADEMIC OFFICER 152056 0 15000 0 0 0 3169 0 21293 0 191518 0 0 0 RACHEL KASHNER CHIEF SCHOOLS OFFICER 163808 0 0 0 0 0 8002 0 5676 0 177486 0 0 0 MARCIA HERRERA INTERIM CHIEF FINANCIAL OFFICER 140929 0 1500 0 0 0 6075 0 8287 0 156791 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID PERFORMANCE-BASED BOARD APPROVED BONUSES IN 2023. X 97543 COST 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. IT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW, AND ANY REQUIRED CHANGES ARE MADE. A FINAL VERSION IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SCHOOL'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO TRUSTEES AND OFFICERS WHO ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT. SUCH PERSONS ARE ALSO REQUIRED TO DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD IF AT ANY POINT A POTENTIAL CONFLICT OF INTEREST ARISES. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR MAKING THE DETERMINATION AS TO WHETHER A CONFLICT OF INTEREST EXISTS AND WHETHER TO APPROVE THE RELATED TRANSACTION. THE INTERESTED PERSON MUST RECUSE HIMSELF FROM THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL'S PROCESS FOR DETERMINING THE COMPENSATION OF ITS CEO INCLUDES AN INDEPENDENT COMMITTEE WHICH USES COMPARABLE DATA, INCLUDING THE FORM 990'S OF OTHER ORGANIZATIONS, TO DETERMINE ANNUAL COMPENSATION AMOUNTS. THE PROCESS WAS LAST UNDERTAKEN IN 2024. 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. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.