Civic Intelligence

Harlem Prep Charter School

990EZ • Fiscal year 2017 • EIN 13-4177265

Jul 01, 2017 to Jul 01, 2017 • Filed on May 22, 2019

1767 Park Avenue 4th FloorNew York, NY 10035

(212) 281-1248

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$0

Down $7,436,191 (-100%) from 2016

Net Assets

Down

$0

Down $6,151,095 (-100%) from 2016

Liabilities

Down

$0

Down $1,285,096 (-100%) from 2016

Revenue And Expenses

Revenue

Down

$0

Down $10,828,994 (-100%) from 2016

Expenses

Down

$0

Down $10,764,004 (-100%) from 2016

Net Income

Down

$0

Down $64,990 (-100%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $6,248,345Liabilities 2010: $967,788Net Assets 2010: $5,280,5572010Assets 2011: $5,333,667Liabilities 2011: $1,215,417Net Assets 2011: $4,118,2502011Assets 2012: $4,982,551Liabilities 2012: $702,741Net Assets 2012: $4,279,8102012Assets 2013: $5,612,603Liabilities 2013: $833,626Net Assets 2013: $4,778,9772013Assets 2014: $7,153,553Liabilities 2014: $1,861,782Net Assets 2014: $5,291,7712014Assets 2015: $8,394,561Liabilities 2015: $2,628,998Net Assets 2015: $5,765,5632015Assets 2016: $7,436,191Liabilities 2016: $1,285,096Net Assets 2016: $6,151,0952016Assets 2017: $7,934,213Liabilities 2017: $2,495,510Net Assets 2017: $5,438,7032017Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,608,9242010Expenses 2011: $5,577,8372011Expenses 2012: $4,659,6972012Expenses 2013: $7,563,6922013Revenue 2014: $9,936,912Expenses 2014: $9,424,118Net Income 2014: $512,7942014Revenue 2015: $11,225,966Expenses 2015: $10,752,174Net Income 2015: $473,7922015Revenue 2016: $10,828,994Expenses 2016: $10,764,004Net Income 2016: $64,9902016Revenue 2017: $13,790,925Expenses 2017: $14,503,317Net Income 2017: -$712,3922017Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017

Highlighted filing

2017

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jul 1, 2017
Signed
May 22, 2019
Return Version
2017v2.3
Gross Receipts
$0
Mission and Program Overview

Mission

The school offers classroom instruction and programs that encourage and foster creativity and team planning while meeting the new york state educational standards.

Program Services

DescriptionGrantsExpenses
EFFECTIVE JULY 1, 2017, DEMOCRACY PREPARATORY CHARTER SCHOOL (DPCS), DEMOCRACY PREPARATORY HARLEM CHARTER SCHOOL (DPH) AND HARLEM PREPARATORY CHARTER SCHOOL (HPCS) MERGED INTO A SINGLE LEGAL ENTITY UNDER BRONX PREPARATORY CHARTER SCHOOL (BPCS). BPCS WAS RENAMED DEMOCRACY PREP NEW YORK CHARTER SCHOOLS ALSO EFFECTIVE JULY 1, 2017. DPCS, DPH AND HPCS WERE DISSOLVED AND CEASED TO EXIST AS LEGAL ENTITIES IN CONJUNCTION WITH THE MERGER. THE PLAN OF MERGER WAS APPROVED BY THE NEW YORK STATE BOARD OF REGENTS ON APRIL 4, 2017.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUGLAS SNYDERBoard Chair-$0--
JAKE FOLEYVice Chair-$0--
ROGER BERGSecretary-$0--
COLIN BEIRNETreasurer-$0--
JAMAL EPPSTrustee-$0--
TREVOR GIBBONSTrustee-$0--
PRESTON HENSKETrustee-$0--
TOM KEARNEYTrustee-$0--
ANTHONY MANLEYTrustee-$0--
KATHRYN DUFFY STANTONTrustee-$0--
KELLIE ZESCHTrustee-$0--
GREG SPREEMANChief Financial Officer-$0--
Filing and Contact Details

Filer

Filer Name
Harlem Prep Charter School
EIN
13-4177265
Phone
2122811248
Address
1767 PARK AVENUE 4TH FLOOR, NEW YORK, NY 10035

Signing Officer

Name
Dr Robert North
Title
Board Chair
Phone
2122811248
Signed
2019-05-22
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: transfer of assets to democracy prep new york charter schools:. Amount: -7,934,213. Description: liabilities assumed by democracy prep new york charter schools:. Amount: 2,495,510. Total to form 990-ez, line 20: -5,438,703.

Form 990-ez, Part II, Line 24 - Other Assets

Description: pledges and grants receivable. Beg. Of year amount: 916,490. End of year amount: 0. Description: prepaid expenses and deferred charges. Beg. Of year amount: 88,311. End of year amount: 0. Description: restricted cash. Beg. Of year amount: 75,548. End of year amount: 0. Description: security deposits and retainers. Beg. Of year amount: 62,855. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 3,050,504. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 1,220,022. End of year amount: 0. Description: deferred revenue. Beg. Of year amount: 701. End of year amount: 0. Description: unsecured notes and loans payable to unrelated third parties. Beg. Of year amount: 388,606. End of year amount: 0. Description: deferred rent. Beg. Of year amount: 712,535. End of year amount: 0. Description: due to affiliates. Beg. Of year amount: 173,646. End of year amount: 0.

Raw XML Appendix292 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE SCHOOL OFFERS CLASSROOM INSTRUCTION AND PROGRAMS THAT ENCOURAGE AND FOSTER CREATIVITY AND TEAM PLANNING WHILE MEETING THE NEW YORK STATE EDUCATIONAL STANDARDS.
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm4NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm5NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm6NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd4NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd5NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd6NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd010035
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd110035
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd210035
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd310035
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd410035
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd510035
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd610035
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: ROGER BERG, DOUGLAS SNYDER, AND KATHRYN DUFFY STANTON
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: PURSUANT TO A PLAN OF MERGER APPROVED BY THE BOARD OF TRUSTEES, THE NEW YORK STATE BOARD OF REGENTS, THE CHARTER SCHOOLS INSTITUTE OF THE STATE UNIVERSITY OF NEW YORK, AND THE NEW YORK CITY DEPARTMENT OF EDUCATION, THE ORGANIZATION TRANSFERRED ITS NET ASSETS TO DEMOCRACY PREP NEW YORK CHARTER SCHOOLS (FORMERLY KNOWN AS BRONX PREPARATORY CHARTER SCHOOL).ROGER BERG BECAME SECRETARY OF THE TRANSFEREE ORGANIZATION.DOUGLAS SNYDER BECAME A TRUSTEE OF THE TRANSFEREE ORGANIZATION.KATHRYN DUFFY STANTON BECAME A TRUSTEE OF THE TRANSFEREE ORGANIZATION.PART I:ALL LIABILITIES OF HARLEM PREP CHARTER SCHOOL WERE ASSUMED BY DEMOCRACY PREP NEW YORK CHARTER SCHOOLS. THESE INCLUDED:ACCOUNTS PAYABLE AND ACCRUED EXPENSES - $1,220,022DEFERRED REVENUE- $701UNSECURED NOTES AND LOANS PAYABLE TO UNRELATED THIRD PARTIES- $388,606DEFERRED RENT- $712,535DUE TO AFFILIATES- $173,646
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TRANSFER OF ASSETS TO DEMOCRACY PREP NEW YORK CHARTER SCHOOLS:. AMOUNT: -7,934,213. DESCRIPTION: LIABILITIES ASSUMED BY DEMOCRACY PREP NEW YORK CHARTER SCHOOLS:. AMOUNT: 2,495,510. TOTAL TO FORM 990-EZ, LINE 20: -5,438,703.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PLEDGES AND GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 916,490. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID EXPENSES AND DEFERRED CHARGES. BEG. OF YEAR AMOUNT: 88,311. END OF YEAR AMOUNT: 0. DESCRIPTION: RESTRICTED CASH. BEG. OF YEAR AMOUNT: 75,548. END OF YEAR AMOUNT: 0. DESCRIPTION: SECURITY DEPOSITS AND RETAINERS. BEG. OF YEAR AMOUNT: 62,855. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,050,504. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 1,220,022. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 701. END OF YEAR AMOUNT: 0. DESCRIPTION: UNSECURED NOTES AND LOANS PAYABLE TO UNRELATED THIRD PARTIES. BEG. OF YEAR AMOUNT: 388,606. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED RENT. BEG. OF YEAR AMOUNT: 712,535. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 173,646. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReasonableCauseExplanation/ExplanationTxt0LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR ROBERT NORTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02122811248
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HARLEM PREP CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0HARL
ReturnHeader/Filer/EIN0134177265
ReturnHeader/Filer/PhoneNum02122811248
ReturnHeader/Filer/USAddress/AddressLine1Txt01767 PARK AVENUE 4TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010035
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId076A25249E5E94ADAA4B6AEE04382CED6247CFD88
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt04.15.211.182
ReturnHeader/FilingSecurityInformation/IPDt02019-05-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:41:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271728945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0665 FIFTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010022
ReturnHeader/PreparerPersonGrp/PhoneNum02122862600
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRETT M HIGGINS
ReturnHeader/ReturnTs02019-05-22T16:46:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02017-07-01
ReturnHeader/TaxYr02017

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