Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Democracy Preparatory Charter School
990EZ • Fiscal year 2017 • EIN 20-3683193
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $3,739,758 (-100%) from 2016
Net Assets
Down$0
Down $2,565,628 (-100%) from 2016
Liabilities
Down$0
Down $1,174,130 (-100%) from 2016
Revenue And Expenses
Revenue
Down$0
Down $11,762,451 (-100%) from 2016
Expenses
Down$0
Down $11,762,451 (-100%) from 2016
Net Income
Flat$0
Flat from 2016
Historical Trend
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
To educate responsible citizen scholars for success in the college of their choice and a life of active citizenship.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 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
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOSH PRISTAW | Board Chair | - | $0 | - | - |
| GREGORY WESTON | Secretary | - | $0 | - | - |
| KEN WEILLER | Treasurer | - | $0 | - | - |
| MATTHEW CASNER | Trustee | - | $0 | - | - |
| LEE DUNST | Trustee | - | $0 | - | - |
| ERIN FREDRICK | Trustee | - | $0 | - | - |
| CJ KETTLER | Trustee | - | $0 | - | - |
| JOSHUA MORALES | Trustee | - | $0 | - | - |
| DR ROBERT NORTH | Trustee | - | $0 | - | - |
| DAN ROSENBERG | Trustee | - | $0 | - | - |
| ALASTAIR WOOD | Trustee | - | $0 | - | - |
| GREG SPREEMAN | Chief Financial Officer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Democracy Preparatory Charter School
- EIN
- 20-3683193
- 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: -3,783,527. Description: liabilities assumed by democracy prep new york charter schools:. Amount: 1,547,703. Total to form 990-ez, line 20: -2,235,824.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: pledges and grants receivable. Beg. Of year amount: 682,596. End of year amount: 0. Description: prepaid expenses and deferred charges. Beg. Of year amount: 76,922. End of year amount: 0. Description: restricted cash. Beg. Of year amount: 71,632. End of year amount: 0. Description: security deposits. Beg. Of year amount: 300,500. End of year amount: 0. Description: due from affiliates. Beg. Of year amount: 1,466,482. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 1,149,699. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 1,248,082. End of year amount: 0. Description: deferred revenue. Beg. Of year amount: 26,301. End of year amount: 0. Description: unsecured notes and loans payable to unrelated third parties. Beg. Of year amount: 219,113. End of year amount: 0. Description: deferred rent. Beg. Of year amount: 54,207. End of year amount: 0.”
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO EDUCATE RESPONSIBLE CITIZEN SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
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| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
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| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 4 | 501(C)(3) |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 5 | 501(C)(3) |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 6 | 501(C)(3) |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 7 | 501(C)(3) |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | ACTUAL CASH VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 1 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 2 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 3 | ACTUAL COST |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 4 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 5 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 6 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 7 | BOOK VALUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 1 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 2 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 3 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 4 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 5 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 6 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 7 | 1767 PARK AVENUE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 1 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 2 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 3 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 4 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 5 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 6 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 7 | NEW YORK |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 1 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 2 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 3 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 4 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 5 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 6 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 7 | NY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 0 | 10035 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 1 | 10035 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 2 | 10035 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 3 | 10035 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 4 | 10035 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 5 | 10035 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 6 | 10035 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 7 | 10035 |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | 0 |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | 0 |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | 1 |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | PERSON(S) INVOLVED: DR. ROBERT NORTH AND JOSH PRISTAW |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 1 | EXPLANATION 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).DR. ROBERT NORTH BECAME CHAIR OF THE TRANSFEREE ORGANIZATION.JOSH PRISTAW BECAME VICE CHAIR OF THE TRANSFEREE ORGANIZATION.PART I:ALL LIABILITIES OF DEMOCRACY PREPARATORY CHARTER SCHOOL WERE ASSUMED BY DEMOCRACY PREP NEW YORK CHARTER SCHOOLS. THESE INCLUDED:ACCOUNTS PAYABLE AND ACCRUED EXPENSES - $1,248,082DEFERRED REVENUE- $26,301UNSECURED NOTES AND LOANS PAYABLE TO UNRELATED THIRD PARTIES- $219,113DEFERRED RENT- $54,207 |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2E: |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I, LINE 2E: |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: TRANSFER OF ASSETS TO DEMOCRACY PREP NEW YORK CHARTER SCHOOLS:. AMOUNT: -3,783,527. DESCRIPTION: LIABILITIES ASSUMED BY DEMOCRACY PREP NEW YORK CHARTER SCHOOLS:. AMOUNT: 1,547,703. TOTAL TO FORM 990-EZ, LINE 20: -2,235,824. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PLEDGES AND GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 682,596. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID EXPENSES AND DEFERRED CHARGES. BEG. OF YEAR AMOUNT: 76,922. END OF YEAR AMOUNT: 0. DESCRIPTION: RESTRICTED CASH. BEG. OF YEAR AMOUNT: 71,632. END OF YEAR AMOUNT: 0. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 300,500. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM AFFILIATES. BEG. OF YEAR AMOUNT: 1,466,482. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 1,149,699. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 1,248,082. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 26,301. END OF YEAR AMOUNT: 0. DESCRIPTION: UNSECURED NOTES AND LOANS PAYABLE TO UNRELATED THIRD PARTIES. BEG. OF YEAR AMOUNT: 219,113. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED RENT. BEG. OF YEAR AMOUNT: 54,207. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| ReasonableCauseExplanation/ExplanationTxt | 0 | LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DR ROBERT NORTH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | BOARD CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2122811248 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DEMOCRACY PREPARATORY CHARTER SCHOOL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DEMO |
| ReturnHeader/Filer/EIN | 0 | 203683193 |
| ReturnHeader/Filer/PhoneNum | 0 | 2122811248 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1767 PARK AVENUE 4TH FLOOR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10035 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 76A25249E5E94ADAA4B6AEE04382CED6247CFD88 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 4.15.211.182 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-05-22 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 13:16:16 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 271728945 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PKF O'CONNOR DAVIES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 665 FIFTH AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10022 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2122862600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-05-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GARRETT M HIGGINS |
| ReturnHeader/ReturnTs | 0 | 2019-05-22T14:29:35-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-07-01 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $0
- Expenses
- $0
- Net income
- $0