Civic Intelligence

Democracy Prep Endurance Charter School

EIN 45-3947399 • 501(c)3 • New York, NY

Profile

To educate students and build scholars by providing them with a demanding academic program that prepares them for success in college and citizenship.

1767 Park Avenue 4th FloorNew York, NY 10035

www.democracyprep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.55x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

45th percentile

0.18x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

34th percentile

-0.6%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

37th percentile

$151,186

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

65th percentile

16%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,970,673

Up $404,512 (+11%) from 2018

Liabilities

Up

$2,201,558

Up $481,144 (+28%) from 2018

Net Assets

Down

$1,769,115

Down $76,632 (-4.2%) from 2018

Revenue

Up

$11,923,211

Up $1,607,613 (+16%) from 2018

Expenses

Up

$11,993,543

Up $1,677,945 (+16%) from 2018

Net Income

Down

-$70,332

Down $70,332 from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $863,075Liabilities 2013: $332,452Net Assets 2013: $530,6232013Assets 2014: $1,497,309Liabilities 2014: $576,327Net Assets 2014: $920,9822014Assets 2015: $2,382,650Liabilities 2015: $694,056Net Assets 2015: $1,688,5942015Assets 2016: $2,455,321Liabilities 2016: $630,927Net Assets 2016: $1,824,3942016Assets 2017: $3,339,396Liabilities 2017: $1,493,649Net Assets 2017: $1,845,7472017Assets 2018: $3,566,161Liabilities 2018: $1,720,414Net Assets 2018: $1,845,7472018Assets 2019: $3,970,673Liabilities 2019: $2,201,558Net Assets 2019: $1,769,1152019

Highlighted filing

2019

Assets$3,970,673
Liabilities$2,201,558
Net Assets$1,769,115

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2013: $2,497,066Expenses 2013: $1,966,300Net Income 2013: $530,7662013Revenue 2014: $4,181,288Expenses 2014: $3,790,929Net Income 2014: $390,3592014Revenue 2015: $6,029,186Expenses 2015: $5,261,574Net Income 2015: $767,6122015Revenue 2016: $7,303,842Expenses 2016: $7,303,842Net Income 2016: $02016Revenue 2017: $9,572,009Expenses 2017: $9,550,656Net Income 2017: $21,3532017Revenue 2018: $10,315,598Expenses 2018: $10,315,598Net Income 2018: $02018Revenue 2019: $11,923,211Expenses 2019: $11,993,543Net Income 2019: -$70,3322019

Highlighted filing

2019

Revenue$11,923,211
Expenses$11,993,543
Net Income-$70,332

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 10, 2020
Return Version
2018v3.2
Gross Receipts
$11,923,211
Mission and Program Overview

Mission

To educate students and build scholars by providing them with a demanding academic program that prepares them for success in college and citizenship.

To educate scholars for success in the college of their choice and a life of active citizenship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,478,539$1,284,289▼ $194,250
Prepaid Expenses and Deferred Charges$331,406$1,006,543▲ $675,137
Pledges and Grants Receivable$565,540$741,162▲ $175,622
Land, Buildings, and Equipment, Net$652,725$546,382▼ $106,343
Cash and Non-Interest-Bearing Accounts$116,040$284,287▲ $168,247
Total Assets$3,566,161$3,970,673▲ $404,512
Other Assets Total$421,911$108,010▼ $313,901
Liabilities
Other Liabilities$656,692$1,033,857▲ $377,165
Accounts Payable and Accrued Expenses$825,754$963,642▲ $137,888
Mortgage Notes Payable Secured by Investment Property$219,452$156,317▼ $63,135
Deferred Revenue$18,516$47,742▲ $29,226
Total Liabilities$1,720,414$2,201,558▲ $481,144
Net Assets / Fund Balance
Unrestricted Net Assets$1,835,941$1,758,049▼ $77,892
Temporarily Rstr Net Assets$9,806$11,066▲ $1,260
Total Net Assets Fund Balance$1,845,747$1,769,115▼ $76,632
Total Liabilities and Net Assets / Fund Balance$3,566,161$3,970,673▲ $404,512

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$306,256$547,389$853,645
Other Land Buildings$225,701$213,141$438,842
Leasehold Improvements$14,425$4,356$18,781
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine PerezPrincipalFT$123,075$28,111$151,186
Pia DandiyaPrincipalFT$114,919$22,266$137,185

Board Members and Trustees

NameTitle
Khary BarnesBoard Chair
Ross FrommerTrustee
Kathryn Duffy StantonTrustee (until 05/19)
Greg SpreemanCFO (until 11/18)
Andrew StubbsInterim CFO (as of 01/19)
Sonya CrosswellSecretary
Donald PorterTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Democracy Prep Public SchoolsCharter Management1767 PARK AVENUE 4TH FLOOR, New York, NY 10035$1,634,205
Sta Travel INCTravel20 EAST UNIVERSITY DRIVE SUITE 201, Tempe, AZ 85281$103,100
Revenue and Support

Revenue Composition

Contributions and Grants
$552,446
Program Service Revenue
$11,369,731
Investment Income
$1,032
Other Revenue
$2
All Other Contributions
$17,575
Change in Net Assets
$-70,332

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,923,211
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,923,211
Total Revenue per Form 990
$11,923,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,018,006
Other Expenses$4,975,537
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,571,665$1,203,498-$5,775,163
Fees for Services Management$1,419,471$373,678-$1,793,149
Occupancy$796,988$209,808-$1,006,796
Other Employee Benefits$462,016$121,627-$583,643
Payroll Taxes$396,333$104,335-$500,668
Depreciation Depletion$178,166$46,901-$225,067
Other Expenses$146,153$38,475-$184,628
Fees for Services Other$136,725$35,993-$172,718
Office Expenses$135,041$35,549-$170,590
Pension Plan Contributions$125,495$33,037-$158,532
Information Technology$89,347$23,521-$112,868
All Other Expenses$78,993$20,794-$99,787
Travel$53,126$13,985-$67,111
Insurance$46,734$12,303-$59,037
Advertising$20,201$5,318-$25,519
Interest$15,939$4,196-$20,135
Fees for Services Accounting-$20,000-$20,000
Fees for Services Legal-$1,970-$1,970
Total Functional Expenses$9,634,817$2,358,726$0$11,993,543

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,999,843
Expenses per Audited Statements$11,993,543
Total Expenses per Form 990$11,993,543
Expenses Not Reported on Form 990$6,300
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$565,761
Deferred Rent$468,096
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The school entered into a management agreement with democracy prep public schools, inc. (dpps), a new york state not-for-profit charter management organization, to assume responsibility for the school's educational process, management, and operations. For the year ended june 30, 2019, the school incurred $1,793,149 in management fees. Greg spreeman, cfo, served as an officer of the charter management organization, democracy prep public schools, inc. For the 5 hours devoted to the filing organization, 2018 compensation paid by dpps is as follows: -reportable compensation $15,989; other compensation $2,317

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by management and the finance and audit committee of the board of trustees for approval. If changes are required, the school will then forward the form 990 to the auditing firm and a final version will be distributed to all board members prior to the irs submission.

Form 990, Part VI, Section B, Line 12C

The school shares its conflict of interest policy with officers and trustees on an annual basis. Officers and trustees are expected to declare if at any point a conflict of interest arises. After disclosure of a potential conflict, the individual in question must recuse themselves from voting on the matter. Such matters involving the existence of conflicts of interest are documented in the minutes of the governing board.

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 and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 1767 park avenue, 4th floor, new york, ny 10035, or by calling the organization directly at (212)281-1248.

Filing and Contact Details

Filer

Filer Name
Democracy Prep Endurance Charter School
EIN
45-3947399
Phone
2122811248
Address
1767 PARK AVENUE 4TH FLOOR, NEW YORK, NY 10035

Signing Officer

Name
Khary Barnes
Title
Board Chair
Phone
2122811248
Signed
2020-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Khary Barnes
Formed
2010
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
156
Volunteers
5

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, PART XI, LINE 9:

Loss on disposal of property and equipment -6,300.

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.

Financial Statement Notes

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, 2016.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on disposal of property and equipment 6,300.

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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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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0209808
IRS990/OccupancyGrp/ProgramServicesAmt0796988
IRS990/OccupancyGrp/TotalAmt01006796
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035549
IRS990/OfficeExpensesGrp/ProgramServicesAmt0135041
IRS990/OfficeExpensesGrp/TotalAmt0170590
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0421911
IRS990/OtherAssetsTotalGrp/EOYAmt0108010
IRS990/OtherChangesInNetAssetsAmt0-6300
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0121627
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0462016
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0583643
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1STUDENT SUPPLIES/MATERI
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt053738
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138475
IRS990/OtherExpensesGrp/ProgramServicesAmt0444392
IRS990/OtherExpensesGrp/ProgramServicesAmt1313900
IRS990/OtherExpensesGrp/ProgramServicesAmt2204132
IRS990/OtherExpensesGrp/ProgramServicesAmt3146153
IRS990/OtherExpensesGrp/TotalAmt0444392
IRS990/OtherExpensesGrp/TotalAmt1313900
IRS990/OtherExpensesGrp/TotalAmt2257870
IRS990/OtherExpensesGrp/TotalAmt3184628
IRS990/OtherLiabilitiesGrp/BOYAmt0656692
IRS990/OtherLiabilitiesGrp/EOYAmt01033857
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02
IRS990/OtherRevenueTotalAmt02
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01203498
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04571665
IRS990/OtherSalariesAndWagesGrp/TotalAmt05775163
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0104335
IRS990/PayrollTaxesGrp/ProgramServicesAmt0396333
IRS990/PayrollTaxesGrp/TotalAmt0500668
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt033037
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0125495
IRS990/PensionPlanContributionsGrp/TotalAmt0158532
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0565540
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0741162
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0331406
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01006543
IRS990/PrincipalOfficerNm0KHARY BARNES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011369731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011369731
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0476918
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09102
IRS990/PYOtherExpensesAmt03734990
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt09829578
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt06580608
IRS990/PYTotalExpensesAmt010315598
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010315598
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-70332
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011369731
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01478539
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01284289
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0306256
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0547389
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0853645
IRS990ScheduleD/ExpensesNotReportedAmt06300
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011993543
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt014425
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04356
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt018781
IRS990ScheduleD/OtherExpensesIncludedAmt06300
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0225701
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0213141
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0438842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0565761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1468096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011923211
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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, 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 6,300.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0546382
IRS990ScheduleD/TotalExpensesPerForm990Amt011993543
IRS990ScheduleD/TotalLiabilityAmt01033857
IRS990ScheduleD/TotalRevenuePerForm990Amt011923211
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011923211
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011999843
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0AS 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 MODIFIED BY REV. PROC. 2019-22.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDING INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0123075
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt01800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026263
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KATHERINE PEREZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0151186
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL ENTERED INTO A MANAGEMENT AGREEMENT WITH DEMOCRACY PREP PUBLIC SCHOOLS, INC. (DPPS), A NEW YORK STATE NOT-FOR-PROFIT CHARTER MANAGEMENT ORGANIZATION, TO ASSUME RESPONSIBILITY FOR THE SCHOOL'S EDUCATIONAL PROCESS, MANAGEMENT, AND OPERATIONS. FOR THE YEAR ENDED JUNE 30, 2019, THE SCHOOL INCURRED $1,793,149 IN MANAGEMENT FEES. GREG SPREEMAN, CFO, SERVED AS AN OFFICER OF THE CHARTER MANAGEMENT ORGANIZATION, DEMOCRACY PREP PUBLIC SCHOOLS, INC. FOR THE 5 HOURS DEVOTED TO THE FILING ORGANIZATION, 2018 COMPENSATION PAID BY DPPS IS AS FOLLOWS: -REPORTABLE COMPENSATION $15,989; OTHER COMPENSATION $2,317

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