2024-04-01T10:24:09-05:00 2023-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2022-07-01 850964002 FRIENDS OF LEGACY INC FRIE 3477461558 400 EAST 145TH STREET BRONX NY 10454 HILLARY SWIGGETT TREASURER 3477461558 2024-03-06 1 HILLARY SWIGGETT 999009999 0 RAYMOND J JACOBI P00160856 5854231860 2024-03-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUMMER SCHNEIDER 400 EAST 145TH STREET BRONX NY 10454 4879512 0 X N/A X 2020 NY THE ORGANIZATION WAS ESTABLISHED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE LEGACY COLLEGE PREPARATORY CHARTER SCHOOL IN THE STATE OF NEW YORK. 4 2 0 4 0 0 0 0 1850 0 0 0 961313 -87620 963163 -87620 0 400000 0 0 0 0 0 0 0 476313 686173 476313 1086173 486850 -1173793 1253492 72816660 369692 73106653 883800 -289993 THE ORGANIZATION WAS ESTABLISHED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE LEGACY COLLEGE PREPARATORY CHARTER SCHOOL IN THE STATE OF NEW YORK. 0 0 1033946 400000 RENTAL OF BUILDING TO CHARTER SCHOOL 1033946 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 NY X SUMMER SCHNEIDER 3477461558 400 EAST 145TH STREET BRONX NY 10454 X X HILLARY SWIGGETT TRUSTEE 1.00 X 0 0 0 CATHERINE HAUSMANN BOARD CHAIR 1.00 X X 0 0 0 YVONNE GUIELLEN SECRETARY 1.00 X X 0 0 0 MICHAEL RAKITER TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 808 CAULDWELL 3251 3RD AVE BRONX NY 10456 RENT 1080000 416 WILLS LLC 41 CARMINE STREET NEW YORK NY 10014 RENT 980911 332 E LLC 5676 RIVERDALE AVE SUITE 307 BRONX NY 10471 RENT 560059 3 4879512 4967132 -87620 -87620 -87620 -87620 -87620 0 0 X 400000 400000 32093 32093 650108 629974 20134 3972 3972 1086173 1033946 52227 0 901178 984120 247307 90007 29383 3972 0 25411 15000 71807129 1253492 72816660 91750 545828 277942 360833 0 72199992 369692 73106653 X 883800 -289993 883800 -289993 1253492 72816660 -1173793 0 X X 0 1 X 1 0 X 0 0 2524910 2987160 4879512 10391582 10391582 X 9963 1660 8303 19420 2312 17108 25411 DEPOSITS 25070 DEFERRED LEASE RECEIVABLE 1074912 RIGHT OF USE ASSETS 70707147 71807129 LEASE LIABILITIES 72199992 72199992 X 4879512 4967132 4967132 -87620 0 -87620 6053305 4967132 4967132 1086173 0 1086173 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE ORGANIZATION FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN NEW YORK STATE. THE TAX RETURNS FOR YEARS ENDED JUNE 30, 2023, 2022 AND 2021 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS AND TAXING AUTHORITIES IN NEW YORK STATE. MANAGEMENT OF THE ORGANIZATION BELIEVES THEY HAVE NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, THEY HAVE NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 4,967,132. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 4,967,132. 0 LEGACY COLLEGE PREPARATORY CHARTER SCHOOL 400 E 145TH ST BRONX NY 10454 812984627 400000 0 OPERATING SUPPORT 1 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUBCOMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND THEN SUBMITTED TO TE BORAD OF DIRECTORS PRIOR TO FILING. IF THE BOARD OF DIRECTORS HAVE ANY QUESTIONS THEY ARE ADDRESSED. FORM 990, PART VI, SECTION C, LINE 19 ARE MADE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS FORM 990, PART VII, COLUMN E & F THE ORGANIZATION WAS ESTABLISHED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE LEGACY COLLEGE PREPARATORY CHARTER SCHOOL IN THE STATE OF NEW YORK. FORM 990, PART IX, LINE 11G OTHER PURCHASED / PROFESSIONAL / CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 629,974. MANAGEMENT AND GENERAL EXPENSES 20,134. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 650,108. FORM 990, PART XII, LINE 2C: THE BOARD HAS NOT CHANGED ITS PROCESS FOR SELECTING THE INDEPENDENT AUDITOR NOR HAVE THEY CHANGED THE OVERSIGHT OF THE AUDIT FROM PRIOR YEARS.