2024-05-13T21:31:12-07:00 2023-06-30 810926770 NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS 40 WALL ST 32ND FL NEW YORK NY 10005 990 2022-07-01 272013987 NEW WORLD PREPARATORY CHARTER SCHOOL NEWW 7187058990 26 SHARPE AVENUE STATEN ISLAND NY 10302 ANGELO APONTE President 2024-05-14 true ANGELO APONTE 999009999 true Miaoling Lin P00431817 2127850100 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z ANGELO APONTE 26 SHARPE AVENUE STATEN ISLAND NY 10302 19723330 false X http://newworldprep.org X 2010 NY The school provides an exceptional education for students by employing research-proven strategies to raise middle school academic achievement including: academic rigor and relevance; personalization; focused professional development; and meaningful engagement of families and the larger community. 11 11 201 11 0 1649105 1565628 15718804 17882022 9107 232769 7988 42911 17385004 19723330 0 0 10537813 11882045 0 9963 8612014 9688271 19149827 21570316 -1764823 -1846986 10066699 10342222 7609888 9732397 2456811 609825 New World Preparatory Charter School (NWP) will provide an exceptional education for students in kindergarten through third grade and fifth through eighth grade by employing research-proven strategies to raise middle school academic achievement including: academic rigor and relevance, personalization, focused professional development, and meaningful engagement of families and the larger community. We will build on our nations promise of opportunity by exemplifying the role social justice holds in shaping a community of the people, by the people and for the people. Our students will graduate from NWP with a strong academic foundation, an awareness of the needs of others, and with the social and emotional readiness needed to succeed in high school and graduate from college. false false 19386169 17882022 PUBLIC EDUCATION ON A NONDISCRIMINATORY AND SECULAR BASIS. 19386169 true true false false false false false false false false true false false true true true false true true false false false false false false false false false false true false false false false false false false false true false false false false true true true false false true 38 0 true 201 true false false false false false false false 0 false false false false false false false X 11 11 false true false false false false false true true false false true true true true true true true true false NY X NEW WORLD PREPARATORY CHARTER 7187058990 26 SHARPE AVENUE STATEN ISLAND NY 10302 EUGENE FOLEY President 40.00 0.00 X 305546 0 24066 AMANDA LEE AINLEY PRINCIPAL 40.00 0.00 X 189037 0 27897 RANDI SCHAFER ASSOCIATE DIRECTOR 40.00 0.00 146336 0 5969 NICHOLAS VINCENT FARGIONE ASSISTANT PRINCIPA 40.00 0.00 124479 0 5095 YASMIN PERALTA DIRECTOR OF SCHOOL 40.00 0.00 111026 0 17112 Germaine Buchanan ASSISTANT PRINCIPA 40.00 0.00 119891 0 3693 DIANE SORENSEN DIRECTOR OF SCHOOL 40.00 0.00 111026 0 11470 REVEREND TERRY TROIA Secretary 2.00 1.00 X X 0 0 0 John McBeth Trustee 1.00 0.00 X 0 0 0 CARIN GUARASCI Trustee 1.00 0.00 X 0 0 0 JACK MINOGUE Trustee 1.00 0.00 X 0 0 0 ANGELO APONTE BOARD PRESIDENT 2.00 1.00 X X 0 0 0 ALICE TOBIN Treasurer 1.00 0.00 X X 0 0 0 BERNIE LOPEZ Trustee 1.00 0.00 X 0 0 0 PETER WEINMAN ESQ Trustee 1.00 0.00 X 0 0 0 MICHAEL MCVEY Trustee 1.00 0.00 X 0 0 0 LARRY MIRALDI Vice President 1.00 0.00 X X 0 0 0 ANAVELLA ROMERO PTO PRESIDENT 1.00 0.00 X 0 0 0 1107341 95302 7 false true false BoostEd Finance PO Box 70 Plainview NY 11803 Financial Management 224216 Proclean Maintenance Systems Inc 79 Alexander Avenue Bronx NY 10454 Janitorial Services 209421 St Adalberts Church 355 Morningstar Road Staten Island NY 10303 Rent 482833 Our Lady of Mt Carmel-St Benedicta 1265 Castleton Avenue Staten Island NY 10310 Rent 381598 Preferred Meal Systems Inc 5240 St Charles Berkeley IL 60163 Students Food Services 203032 9 1310000 255628 53798 1565628 Facilities Lease Assist 611710 2014832 2014832 Student Enrollment 611710 15867190 15867190 17882022 232769 232769 0 0 0 0 0 0 0 Other income 900099 42911 42911 42911 19723330 17924933 232769 0 0 0 0 1296257 1200948 95309 0 8471088 7848238 622850 145267 134586 10681 1088081 1008077 80004 881352 816549 64803 0 107864 94920 12944 32000 32000 0 0 0 77512 71811 5701 0 0 69334 64236 5098 0 5251335 4865222 386113 0 0 0 0 0 328853 304674 24179 277788 181012 96776 REPAIR & MAINTENANCE 743890 689194 54696 CONTRACTED SERVICES 715773 158923 556850 SUPPLIES AND INSTRUCTIONAL 490113 454077 36036 SCHOOL DEVELOPMENT 406548 376656 29892 1187261 1117046 60252 9963 21570316 19386169 2174184 9963 1144937 771097 7416689 6916524 778928 545648 0 0 0 0 0 121669 6362 3701306 2986761 495714 714545 0 0 0 0 108762 1388046 10066699 10342222 5593904 2191571 303102 527027 1712882 7013799 7609888 9732397 X 2456811 609825 2456811 609825 10066699 10342222 -1846986 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1430142 1353684 76458 1899679 1440633 459046 371485 192444 179041 714545 Escrow deposit 101532 Operating lease assets 1253181 Security deposit 33333 1388046 Deferred rents payable 1871201 Due to affiliate 3889417 Lease liability - operating leases 1253181 7013799 X Part X : FIN48 Footnote TAX STATUSThe School is tax-exempt under Section 501(c)(3) of the Internal Revenue Code (IRC) and has been classified as a publicly supported organization as described in IRC sections 509(A)(1) and 170(B)(1)(A)(II).Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that, as of June 30, 2023, there are no uncertain positions taken or expected to be taken that would require recognition or disclosure in the accompanying financial statements.The School is no longer subject to income tax examination by federal, state or local tax authorities for years before June 30, 2020. true true true true false true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The school is required to adhere to the provisions of Section 2854 (2) of the Education Law to guide the admission policies and procedures.The school is open to any student who is qualified under the laws of New York for admission to a public school. Admission of students will be not be limited on the basis of intellectual ability, measures of achievement or aptitude, athletic ability, disability, race, creed, national origin, religion, ancestry, proficiency in English or any other ground that would be unlawful.Admission to NWPCS is free & open to all students eligible to attend public school in NYC. Students are selected by a random lottery. In short, there will be no admission requirements and no tests of any sort will be given to determine whether or not admission will be granted.Schedule E Line 5 Admission ProcessAdmission is Preferential for: Siblings and for English Language Learners/Limited English Proficient students, and for those who live in homes where languages other than English are spoken. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained 4B: Not applicable - The school does not offer educational scholarships. Schedule E, Line 5 - Explanation of Organization Discrimination by Race X false false false false false false false false false AMANDA LEE AINLEY PRINCIPAL 189037 7562 20335 216934 EUGENE FOLEY President 305546 13921 10145 329612 RANDI SCHAFER ASSOCIATE DIRECTOR 146336 5853 116 152305 Beverly Garcia Anderson FORMER OFFICER 123382 Prof. Dev. Coaching* false Schedule L, Part V Supplemental Information Beverly Garcia-Anderson was a former officer. During the fiscal period, she was contracted by the school to provide professional instructional coaching for the teaching staffs. She was compensated for $123,382. X 51308 FMV X Software 1 2490 FMV false false false Form 990, Part VI, Section A, Line 3 DESCRIPTION OF MANAGEMENT ARRANGEMENTVICTORY EDUCATION PARTNERS MANAGES THE OPERATIONS OF THE SCHOOL UNDER A MANAGEMENT AGREEMENT ENTERED INTO BY THE SCHOOL AND VICTORY. THE AGREEMENT WAS EXECUTED ON MAY 14, 2010. PER THE TERMS OF AGREEMENT, VICTORY ASSUMES RESPONSIBILITY FOR TASKS AND FUNCTIONS ASSOCIATED WITH THE EDUCATIONAL SERVICES TO BE PROVIDED TO THE CHILDREN ENROLLED AS STUDENTS AT THE SCHOOL IN ACCORDANCE WITH TERMS OF THE CHARTER AND THE CHARTER SCHOOLS ACT, SUBJECT TO THE APPROPRIATE OVERSIGHT FROM THE SCHOOL'S BOARD OF TRUSTEES. VICTORY IS RESPONSIBLE FOR DESIGNING THE CURRICULUM, ACQUIRING EDUCATIONAL MATERIALS, HIRING ALL STAFF, AND PROVIDING ALL FINANCIAL AND ACCOUNTING FUNCTIONS. Form 990, Part VI, Section B, Line 11b THE OUTSIDE INDEPENDENT AUDITORS PREPARES THE TAX RETURN BEFORE IT IS REVIEWED BY THE BOARD. THE BOARD REVIEWS AND APPROVES THE TAX RETURNS AT A CONFERENCE IN WHICH THE FINANCIAL STATEMENTS ARE DISCUSSED AND REVIEWED WITH THE BOARD MEMBERS Form 990, Part VI, Section B, Line 12c DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST.A. EACH COVERED PERSON SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON:1. HAS RECEIVED A COPY OF THE POLICY.2. HAS READ AND UNDERSTANDS THE POLICY.3. HAS AGREED TO COMPLY WITH THE POLICY, AND4. UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION AND THE TRUST OF THE PUBLIC IT MUST DILIGENTLY AVOID CONFLICTS OF INTEREST OR THE APPEARANCE OF ANY CONFLICT AND ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.B. THIS POLICY SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF COVERED PERSONS, AND ANY NEW COVERED PERSON SHALL BE ADVISED OF THE POLICY UPON BECOMING A COVERED PERSON AND SHALL FILE AN ANNUAL STATEMENT WITH THE CORPORATION.C. TO FURTHER THE PURPOSE OF THE DISCLOSURE PROVISIONS OF THIS POLICY. Form 990, Part VI, Section B, Line 15b THE SALARY BUDGET IS PREPARED AT THE RECOMMENDATION OF THE PRINCIPAL AND BOARD FINANCE COMMITTEE. OTHER TEACHER SALARY SCALES, INCLUDING THE DOE ARE TAKEN INTO ACCOUNT WHEN DETERMINING SALARIES. Form 990, Part VI, Section C, Line 19 ALL FINANCIAL STATEMENTS AND TAX RETURNS ARE OPEN FOR PUBLIC INSPECTION UPON REQUEST. FRIENDS OF NEW WORLD PREP INC 26 SHARPE AVENUE STATEN ISLAND NY 10302 832051523 SUPPORT ANOTHER NON-PROFIT ORGANIZATION NY 501(c)(3) 10 New World Preparatory Charter School true false false false false true false false false false false true false false false false false false false false FRIENDS OF NEW WORLD PREP INC e 3889417 ACCRUAL FRIENDS OF NEW WORLD PREP INC k 4931042 ACCRUAL