2024-05-15T22:25:19-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-07-01 823452377 ZETA CHARTER SCHOOLS - NEW YORK CITY ZETA 9173302296 425 WESTCHESTER AVENUE BRONX NY 10455 BRIAN ZIED MANAGING DIRECTOR OF FINANCE 9173302296 2024-05-15 1 BRIAN ZIED 999009999 1 GARRETT M HIGGINS P00543209 2122862600 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KERI HOYT 425 WESTCHESTER AVENUE BRONX NY 10455 51996750 0 X ZETASCHOOLS.ORG X 2018 NY TO BUILD AND SUSTAIN HIGH-PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS. 5 5 369 7 0 0 7041099 5225065 32276605 46757820 77 59 3555 13806 39321336 51996750 0 0 0 0 14478734 20005357 0 0 0 21265136 29315302 35743870 49320659 3577466 2676091 28156705 228988582 19589824 217745610 8566881 11242972 TO BUILD AND SUSTAIN HIGH-PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS. 0 0 45658847 0 46757820 ZETA CHARTER SCHOOLS NYC IS A NETWORK OF HIGH-PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS, AND INNOVATORS. 45658847 1 0 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 1 127 0 369 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X KERI HOYT 9173302296 425 WESTCHESTER AVENUE BRONX NY 10455 KERI HOYT CHAIRPERSON 1.00 0.00 X X 0 0 0 JENNY SEDLIS CHAIRPERSON THRU MAR 2022 1.00 0.00 X X 0 0 0 SHANNON KETE VICE CHAIRPERSON 1.00 0.00 X X 0 0 0 NICOLE BRISBANE SECRETARY 1.00 0.00 X X 0 0 0 MICHELE CARACAPPA TRUSTEE 1.00 0.00 X 0 0 0 KEN MCCLURE TRUSTEE 1.00 0.00 X 0 0 0 SAMARA PENN SAVARY TRUSTEE THRU AUG 2022 1.00 0.00 X 0 0 0 ANA COLLADO PRINCIPAL 50.00 0.00 X 133909 0 19302 AMENATA MAGIRAGA PRINCIPAL 50.00 0.00 X 133995 0 12402 ANDREW NOE PRINCIPAL 50.00 0.00 X 102483 0 10511 NOREEN COOKE-COLEMAN PRINCIPAL 50.00 0.00 X 114462 0 34692 KIWANA YATES PRINCIPAL 50.00 0.00 X 99408 0 20881 KIMBERLEY SCHACHT PRINCIPAL 50.00 0.00 X 68959 0 16032 JUAN GOMEZ OPERATIONS DIRECTOR THRU NOV 2022 50.00 0.00 X 103217 0 11531 756433 0 125351 5 0 1 0 ZETA CHARTER SCHOOLS INC 222 ALEXANDER AVENUE BRONX NY 10454 MANAGEMENT SERVICES 6225978 SCHOLASTIC TRANSPORTATION 431 NORTH COURTLAND STREET EAST STROUDSBURG PA 18301 TRANSPORTATION SERVICES 728298 TENER CONTRACTING LLC 603 WARBURTON AVENUE HASTINGSONHUDSON NY 10706 REPAIRS AND MAINTENANCE SERVICES 592716 REVOLUTION FOODS INC INC PO BOX 92230 LOS VEGAS NV 11236 FOODS SERVICES 572304 BUTTER BEANS INC 39-01 22ND STREET LONG ISLAND CITY NY 11101 FOODS SERVICES 434858 9 5225040 25 109591 5225065 GOV'T PER-PUPIL REV - GENERAL ED 611000 30858177 30858177 GOV'T PER-PUPIL REV - FACILITIES 611000 7605045 7605045 GOV'T PER-PUPIL REV - UPK 611000 4807624 4807624 GOV'T PER-PUPIL REV - SPECIAL ED 611000 3255813 3255813 AFTER SCHOOL FEES 611000 231161 231161 46757820 59 59 REBATES 900099 13806 13806 13806 51996750 46757820 0 13865 846630 654476 192154 15806888 14878016 928872 338817 316236 22581 1797095 1680365 116730 1215927 1136947 78980 6225979 5824697 401282 302780 302780 447873 418558 29315 1484119 1456596 27523 745412 556679 188733 1077782 1029086 48696 8027169 7424328 602841 4663817 4375307 288510 358419 358419 CLASSROOM SUPPLIES 1843246 1843239 7 FOOD SERVICES 1392262 1392262 STUDENT SERVICES 1266458 1266458 STAFF DEVELOPMENT 847939 793393 54546 632047 253785 378262 49320659 45658847 3661812 0 7658372 11099972 300277 300336 2453635 2112641 280118 386672 175136 126880 4860795 2617521 17247851 2243274 41316 212718807 28156705 228988582 2137183 1887862 244570 169561 227083 0 16980988 215688187 19589824 217745610 X 8566881 11242972 8566881 11242972 28156705 228988582 2676091 0 X X 0 1 X 0 1 1 X 881778 553025 328753 2411019 1333470 1077549 1567998 731026 836972 2243274 ROU ASSET FINANCE LEASE 194371880 SECURITY DEPOSITS 31500 OPERATING ROU ASSET 18315427 212718807 FINANCE LEASE LIABILITIES 196819371 DUE TO ZETA CHARTER SCHOOLS, INC. 526002 OPERATING LEASE LIABILITY 18342814 215688187 X 52055220 58470 58470 51996750 0 51996750 49379129 58470 58470 49320659 0 49320659 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. ALL RETURNS FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING AUTHORITIES FOR YEARS PRIOR TO JUNE 30, 2020. 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. 2019-22. THE SCHOOL PUBLICIZED ITS RACIALLY NONDISCRIMINATION POLICY ON ITS LOTTERY APPLICATION AVAILABLE ON ITS WEBSITE." SCHEDULE E, PART I, LINE 4 THE SCHOOL IS A FREE PUBLIC SCHOOL AND DOES NOT AWARD SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. 0 0 0 0 0 0 0 1 0 ANA COLLADO PRINCIPAL 122781 0 11128 0 0 0 4118 0 15184 0 153211 0 0 0 PART I, LINE 7 THE ORGANIZATION AWARDED DISCRETIONARY BONUSES TO PERSONS LISTED ON PART VII OF THE 990, AND IS REPORTED IN PART II, COLUMN B(II). X 109591 COST 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTED WITH A RELATED ORGANIZATION, ZETA CHARTER SCHOOLS, INC., TO PROVIDE EDUCATIONAL MANAGEMENT AND OPERATIONAL SERVICES. THE ORGANIZATION INCURRED $6,225,979 IN MANAGEMENT FEES TO ZETA CHARTER SCHOOLS, INC. DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEES IN PLACE IN FISCAL YEAR 2023. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CHAIR AND TREASURER. AFTER ANY REQUIRED CHANGES ARE MADE, A FINAL VERSION IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ELECTION TO THE BOARD, OR EMPLOYMENT AT THE ORGANIZATION, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTORS, OFFICERS, AND SENIOR MANAGEMENT MEMBERS COMPLETE A STATEMENT TO DISCLOSE ANY POTENTIAL OR APPARENT CONFLICTS OF INTEREST. THE STATEMENTS ARE REVIEWED BY THE BOARD SECRETARY WHO PROVIDES THEM TO THE BOARD CHAIR. COVERED PERSONS ARE ALSO UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS AS SOON AS THEY ARE KNOWN, OR REASONABLY SHOULD BE KNOWN. DISCLOSURES ARE MADE IN ADVANCE, BEFORE ANY ACTION IS TAKEN ON THE MATTER THAT POSES AN ACTUAL OR POTENTIAL CONFLICT. ALL DISCLOSURES ARE BROUGHT TO THE ATTENTION OF THE BOARD CHAIR AND SECRETARY, UNLESS EITHER IS THE INDIVIDUAL WITH A POTENTIAL CONFLICT. PERSONS WITH A POTENTIAL OR ACTUAL CONFLICT RECUSE THEMSELVES FROM (1) ENGAGING IN DISCUSSIONS AND (2) RECEIVING INFORMATION RELATED TO THE CONFLICT SITUATION, UNLESS A MAJORITY OF DISINTERESTED DIRECTORS APPROVE THEIR PRESENCE, INVOLVEMENT, AND/OR PARTICIPATION. IN THE EVENT A CONFLICT IS DETERMINED, THE INTERESTED BOARD MEMBER IS RECUSED FROM VOTING UPON THE RELATED MATTER. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL MEETING IS HELD BY THE BOARD TO REVIEW PERFORMANCE, DETERMINE, AND APPROVE COMPENSATION FOR ALL PRINCIPALS AND OPERATIONS DIRECTORS FOR THE FOLLOWING YEAR. THIS PROCESS HAPPENS ANNUALLY, USING COMPARABILITY DATA FROM NEW YORK CITY PUBLIC SCHOOLS, AND IS DOCUMENTED IN THE ORGANIZATION'S BOARD MINUTES. THE PROCESS WAS LAST CONDUCTED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS POSTED ON THE ORGANIZATION'S WEBSITE. IN ADDITION, THE CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.