2025-05-15T20:13:39-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2023-07-01 061581474 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS DEMO 7182940841 3872 THIRD AVENUE BRONX NY 10457 BRIAN BERGER VICE CHAIR & TREASURER 7182940841 2025-05-15 1 1 SACHA RICHARDS P01378509 2017129800 2025-05-15 2023 2025-03-06 01:10:19Z DR ROBERT NORTH 3872 THIRD AVENUE BRONX NY 10457 88750732 0 X WWW.DEMOCRACYPREP.ORG X 2000 NY TO EDUCATE SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 14 14 773 15 0 0 23989152 4220305 81063063 83418276 593929 1111198 3682 953 105649826 88750732 0 0 0 0 57967179 45404937 0 0 525707 47063630 38978751 105030809 84383688 619017 4367044 204509273 205450358 145833720 142452019 58675553 62998339 TO EDUCATE RESPONSIBLE CITIZEN-SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 0 0 74260296 0 83418276 THE SCHOOL IS DEDICATED TO PROVIDING A HIGH QUALITY COLLEGE PREPARATORY EDUCATION TO PRIMARILY DISADVANTAGED STUDENTS. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 3,717 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELFTH DURING THE 2023-2024 ACADEMIC YEAR, AND THE PRE-KINDERGARTEN PROGRAM PROVIDED EDUCATION TO 31 STUDENTS DURING THE 2023-2024 ACADEMIC YEAR. 74260296 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 1 0 0 0 1 78 0 773 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X VALERIE MARTINEZ 3322154366 1767 PARK AVENUE 5TH FLOOR NEW YORK NY 10035 X DR ROBERT NORTH BOARD CHAIR 10.00 0.00 X X 0 0 0 BRIAN BERGER VICE CHAIR & TREASURER 5.00 5.00 X X 0 0 0 ROGER BERG SECRETARY 5.00 0.00 X X 0 0 0 BRITTANY BUFFALOE TRUSTEE 5.00 0.00 X 0 0 0 KHARY BARNES TRUSTEE 5.00 0.00 X 0 0 0 JAKE FOLEY III TRUSTEE THRU 08/2023 5.00 0.00 X 0 0 0 ROSS FROMMER TRUSTEE 5.00 0.00 X 0 0 0 FARDIDA ILBOUDO TRUSTEE 5.00 0.00 X 0 0 0 JOSHUA PRISTAW TRUSTEE 5.00 0.00 X 0 0 0 DREW GANNON SINGH TRUSTEE 5.00 0.00 X 0 0 0 DOUGLAS SNYDER TRUSTEE 5.00 0.00 X 0 0 0 KEN WEILLER TRUSTEE 5.00 0.00 X 0 0 0 GREGORY WESTON TRUSTEE 5.00 0.00 X 0 0 0 SEAN WINDSOR TRUSTEE 5.00 0.00 X 0 0 0 ALASTAIR WOOD TRUSTEE 5.00 0.00 X 0 0 0 NATASHA TRIVERS CEO (OUTSOURCED) 5.00 1.00 X 0 0 0 VALERIE MARTINEZ CFO (OUTSOURCED) 5.00 1.00 X 0 0 0 ANDRE GEDDES PRINCIPAL 40.00 0.00 X 176453 0 40220 GREGORY DANIEL PRINCIPAL 40.00 0.00 X 182126 0 5051 JOSEF ROBINSON PRINCIPAL 40.00 0.00 X 160159 0 12719 BRYAN STROUD PRINCIPAL 40.00 0.00 X 152197 0 11036 CASSIUS GIL PRINCIPAL 40.00 0.00 X 158648 0 12000 CHELSEY PALMER PRINCIPAL 40.00 0.00 X 152796 0 15523 KAITLYN DERRY PRINCIPAL 40.00 0.00 X 152246 0 17939 NAKITA GREEN PRINCIPAL 40.00 0.00 X 145368 0 29681 DIANA ANELLO PRINCIPAL 40.00 0.00 X 146192 0 8044 BRIANA JONES PRINCIPAL 40.00 0.00 X 143727 0 10532 NIKITA PHILPOTT PRINCIPAL 40.00 0.00 X 143988 0 10051 SHANIQUE CLEMENT PRINCIPAL 40.00 0.00 X 142687 0 21773 1856587 0 194569 7 0 1 0 DEMOCRACY PREP PUBLIC SCHOOLS INC 1767 PARK AVENUE 4TH FLOOR NEW YORK NY 10035 CHARTER MANAGEMENT 13747166 SUMMIT FACILITY SOLUTIONS 500 MAMARONECK AVENUE HARRISON NY 10528 CLEANING/MAINTENANCE 1061487 DBI PROJECTS LLC 1261 BROADWAY 9TH FLOOR NEW YORK NY 10001 PROJECT MANAGEMENT 315871 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVE HARRISON NY 10528 ACCOUNTING SERVICES 204500 4 3748930 471375 301617 4220305 GOV'T PER-PUPIL REVENUE 611110 76937218 76937218 GOV'T PER-PUPIL REV. - FACILITIES 611110 5355058 5355058 PROGRAM RELATED RENTAL 531120 632511 632511 UNIVERSAL PRE-K 611110 493489 493489 83418276 1111198 1111198 OTHER INCOME 900099 953 953 953 88750732 83418276 0 1112151 1265104 1120729 144375 37545296 33260565 4284731 242323 211204 31119 2531740 2219997 311743 3820474 3350717 469757 10514140 8201030 1787403 525707 87073 87073 131000 131000 2075006 1874572 200434 219504 217147 2357 1215822 989486 226336 1155686 958392 197294 12605286 11804413 800873 8795 5471 3324 92046 62508 29538 3685047 3237814 447233 610905 610905 REPAIRS & MAINTENANCE 2411615 2025799 385816 STUDENT SERVICES 2016492 2016492 INSTRUCTIONAL MATERIALS 1589250 1589250 STAFF EVENTS 305860 305860 255224 197945 57279 84383688 74260296 9597685 525707 11743451 24827867 28379472 29489062 8526692 2237018 31017 411480 1903881 2194144 46521639 27549199 19861670 18972440 134063090 127318347 204509273 205450358 6383332 6764921 2835316 2981894 136615072 132705204 145833720 142452019 X 49361386 54170175 9314167 8828164 58675553 62998339 204509273 205450358 X 4367044 -44258 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15732381 6603277 9129104 15691342 7987336 7704006 1097083 707616 389467 14000833 12250970 1749863 18972440 RIGHT OF USE ASSETS 123611860 SECURITY DEPOSITS 2824268 DUE FROM AFFILIATES 882219 127318347 LEASE LIABILITIES 132705204 132705204 X 88706474 0 88706474 44258 44258 88750732 84383688 0 84383688 0 84383688 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON TERMINATION OF LEASES 44,258. 1 1 0 1 1 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. PROV. 75-50 AND MODIFIED BY REV. PROC. 2019-22. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER PUPIL FEES FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES FEDERAL TITLE I, IIA AND CITY FUNDING TO ASSIST WITH COVERING THE COSTS OF CERTAIN PROGRAMS. X X X X 0 0 0 0 0 0 0 0 0 ANDRE GEDDES PRINCIPAL 176393 0 0 0 60 0 5358 0 34862 0 216673 0 0 0 GREGORY DANIEL PRINCIPAL 182072 0 0 0 54 0 5051 0 0 0 187177 0 0 0 NAKITA GREEN PRINCIPAL 145308 0 0 0 60 0 4622 0 25059 0 175049 0 0 0 JOSEF ROBINSON PRINCIPAL 160099 0 0 0 60 0 12719 0 0 0 172878 0 0 0 CASSIUS GIL PRINCIPAL 158510 0 0 0 138 0 12000 0 0 0 170648 0 0 0 KAITLYN DERRY PRINCIPAL 152198 0 0 0 48 0 9723 0 8216 0 170185 0 0 0 CHELSEY PALMER PRINCIPAL 152742 0 0 0 54 0 7479 0 8044 0 168319 0 0 0 SHANIQUE CLEMENT PRINCIPAL 142597 0 0 0 90 0 7395 0 14378 0 164460 0 0 0 BRYAN STROUD PRINCIPAL 152149 0 0 0 48 0 2992 0 8044 0 163233 0 0 0 BRIANA JONES PRINCIPAL 143679 0 0 0 48 0 875 0 9657 0 154259 0 0 0 DIANA ANELLO PRINCIPAL 146142 0 0 0 50 0 0 0 8044 0 154236 0 0 0 NIKITA PHILPOTT PRINCIPAL 143944 0 0 0 44 0 2007 0 8044 0 154039 0 0 0 X 117624 COST X SOFTWARE 1 183993 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL IS MANAGED BY DEMOCRACY PREP PUBLIC SCHOOLS, INC., A TAX-EXEMPT CHARTER SCHOOL MANAGEMENT ORGANIZATION, THAT PROVIDES BUSINESS, ADMINISTRATIVE, AND ACADEMIC SERVICES TO THE SCHOOL. DURING THE YEAR ENDING JUNE 30, 2024, THE SCHOOL INCURRED $10,514,140 IN MANAGEMENT FEES. NO INDIVIDUALS LISTED ON FORM 990, PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND ELECTRONICALLY PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS ALL TRUSTEES AND OFFICERS, REQUIRING THEM TO ANNUAL SUBMIT A STATEMENT TO THE CHAIRPERSON OF THE BOARD TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. TRUSTEES MUST ALSO DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THE BOARD AS THEY ARISE. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE, AND THE CONFLICTED PERSON MUST RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE ON SUCH MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: LOSS ON TERMINATION OF LEASES -44,258. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FRIENDS OF DPNY INC 3872 THIRD AVENUE BRONX NY 10457 161571685 TO SUPPORT DEMOCRACY PREP NEW YORK CHARTER SCHOOLS NY 501(C)(3) LINE 12A, I DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 FRIENDS OF DPNY A 69500 COST