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← HARMONY PUBLIC SCHOOLS

Form 990 for tax year 2024

Filed by HARMONY PUBLIC SCHOOLS.

Totals

Total revenue
$609,931,274
Total expenses
$576,829,789
Contributions and grants received
$591,276,808
Grants paid
$0
Program service revenue
$10,225,165
Investment income
$8,429,301
Other revenue
$0
Total assets, end of year
$1,373,091,733
Total liabilities, end of year
$1,127,983,820
Net assets or fund balances, end of year
$245,107,913
Program services expenses (Part IX)
$538,961,382
Management and general expenses
$37,868,407
Fundraising expenses
$0
Program service expenses (Part III)
$538,961,382

Program services were 93.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $574,557,807

  • 1f · All other contributions, gifts and grants

    $16,719,001

  • 2a · Program service revenue: OTHER REVENUE

    total $10,225,165 · related or exempt $10,225,165

  • 3 · Investment income

    total $8,357,790 · excluded $8,357,790

  • 7a · Gross sales of assets other than inventory

    other assets $71,511

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $71,511

  • 7d · Net gain or loss

    total $71,511 · related or exempt $71,511

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $3,061,853 · program services $3,061,853

  • 7 · Other salaries and wages

    total $309,474,652 · program services $287,597,097 · management and general $21,877,555

  • 8 · Pension plan contributions

    total $35,607,523 · program services $33,114,996 · management and general $2,492,527

  • 9 · Other employee benefits

    total $16,684,484 · program services $15,516,570 · management and general $1,167,914

  • 10 · Payroll taxes

    total $5,584,229 · program services $5,193,333 · management and general $390,896

  • 11b · Fees: legal

    total $771,217 · program services $624,686 · management and general $146,531

  • 11c · Fees: accounting

    total $134,805 · program services $109,192 · management and general $25,613

  • 11g · Fees: other

    total $50,073,478 · program services $40,559,517 · management and general $9,513,961

  • 16 · Occupancy

    total $15,026,099 · program services $14,969,344 · management and general $56,755

  • 17 · Travel

    total $4,071,784 · program services $3,461,016 · management and general $610,768

  • 20 · Interest

    total $30,848,383 · program services $30,848,383

  • 22 · Depreciation, depletion and amortization

    total $32,803,866 · program services $32,803,866

  • 23 · Insurance

    total $3,895,765 · program services $3,662,019 · management and general $233,746

  • 24a · Other expenses: SUPPLIES

    total $33,482,718 · program services $32,813,064 · management and general $669,654

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $18,839,080 · program services $18,650,689 · management and general $188,391

  • 24c · Other expenses: OTHER

    total $12,712,753 · program services $12,331,370 · management and general $381,383

  • 24d · Other expenses: EQUIPMENT LEASE

    total $3,757,100 · program services $3,644,387 · management and general $112,713

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $149,934,297 · end of year $128,540,374

  • 2 · Savings and temporary cash investments

    beginning of year $164,039,857 · end of year $132,222,613

  • 4 · Accounts receivable

    beginning of year $93,031,110 · end of year $108,708,672

  • 7 · Other notes and loans receivable

    beginning of year $8,773,772 · end of year $8,342,804

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,546,411 · end of year $972,355

  • 10a · Land, buildings and equipment: cost or other basis

    $1,246,336,791

  • 10b · Land, buildings and equipment: accumulated depreciation

    $261,298,795

  • 10c · Land, buildings and equipment, net

    beginning of year $801,794,531 · end of year $985,037,996

  • 15 · Other assets

    beginning of year $8,564,215 · end of year $9,266,919

  • 17 · Accounts payable and accrued expenses

    beginning of year $119,511,273 · end of year $119,443,432

  • 19 · Deferred revenue

    beginning of year $293,621 · end of year $691,213

  • 20 · Tax-exempt bond liabilities

    beginning of year $722,344,811 · end of year $710,080,611

  • 23 · Secured mortgages and notes payable

    beginning of year $63,880,879 · end of year $162,515,434

  • 25 · Other liabilities

    beginning of year $111,937,793 · end of year $135,253,130

  • 27 · Net assets without donor restrictions

    beginning of year $94,104,869 · end of year $124,759,446

  • 28 · Net assets with donor restrictions

    beginning of year $115,610,947 · end of year $120,348,467

Mission and programs · 2024

Mission

HARMONY PUBLIC SCHOOLS PREPARES EACH AND EVERY STUDENT FOR COLLEGE AND CAREER BY PROVIDING A SAFE, CARING AND COLLABORATIVE ATMOSPHERE AND A QUALITY STUDENT-CENTERED EDUCATIONAL PROGRAM WITH A STRONG EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS.

  • OPERATING AND DEVELOPING CHARTER SCHOOLS TO PROVIDE A SAFE, CARING AND COLLABORATIVE ATMOSPHERE WITHIN A STUDENT-CENTERED EDUCATIONAL PROGRAM WITH A STRONG EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS IN ORDER TO PREPARE STUDENTS FOR HIGHER EDUCATION.

    Expenses $538,961,382 · Revenue $10,296,676

As filed on the 2024 return.

Listed in Part VII

  • Dr Hakduran Koc

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Dr Oner U Celepcikay

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Laura Gonzalez

    MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Dr Simon Koch

    MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Kimberly House

    MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Dr Mehmet Argin

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Helen Sherwood

    SECOND VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Nihat Bayhan

    DEPUTY SUPERINTENDENT OF OPERATIONS/BUSINESS

    Total calculated
    $175,770
    From this org
    $153,029
    From related orgs
    $0
    Other
    $22,741
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,029
    Bonus
    $0
    Other
    $0
    Deferred
    $11,880
    Nontaxable benefits
    $10,861
    Filer's total
    $175,770
  • Emin Cavusoglu

    DEPUTY SUPERINTENDENT

    Total calculated
    $173,657
    From this org
    $150,844
    From related orgs
    $0
    Other
    $22,813
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,844
    Bonus
    $0
    Other
    $0
    Deferred
    $11,715
    Nontaxable benefits
    $11,098
    Filer's total
    $173,657
  • Metin Ekren

    CHIEF INTERNAL AUDITOR

    Total calculated
    $164,291
    From this org
    $144,098
    From related orgs
    $0
    Other
    $20,193
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,098
    Bonus
    $0
    Other
    $0
    Deferred
    $11,109
    Nontaxable benefits
    $9,084
    Filer's total
    $164,291
  • Yalcin Akyildiz

    CHIEF ADVANCEMENT OFFICER

    Total calculated
    $172,823
    From this org
    $140,859
    From related orgs
    $0
    Other
    $31,964
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,859
    Bonus
    $0
    Other
    $0
    Deferred
    $10,965
    Nontaxable benefits
    $20,999
    Filer's total
    $172,823
  • Ramazan Coskuner

    AREA SUPERINTENDENT

    Total calculated
    $162,295
    From this org
    $140,007
    From related orgs
    $0
    Other
    $22,288
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,007
    Bonus
    $0
    Other
    $0
    Deferred
    $10,917
    Nontaxable benefits
    $11,371
    Filer's total
    $162,295
  • Kaan Camuz

    CHIEF PUBLIC RELATIONS OFFICER

    Total calculated
    $160,047
    From this org
    $138,194
    From related orgs
    $0
    Other
    $21,853
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,194
    Bonus
    $0
    Other
    $0
    Deferred
    $10,734
    Nontaxable benefits
    $11,119
    Filer's total
    $160,047
  • Harun Karan

    AREA SUPERINTENDENT

    Total calculated
    $163,223
    From this org
    $134,858
    From related orgs
    $0
    Other
    $28,365
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,858
    Bonus
    $0
    Other
    $0
    Deferred
    $10,965
    Nontaxable benefits
    $17,400
    Filer's total
    $163,223
  • Salih Aykac

    CHIEF COLLEGE AND CAREER OFFICER

    Total calculated
    $154,746
    From this org
    $133,169
    From related orgs
    $0
    Other
    $21,577
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,169
    Bonus
    $0
    Other
    $0
    Deferred
    $10,475
    Nontaxable benefits
    $11,102
    Filer's total
    $154,746
  • Gina Gregory

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $156,397
    From this org
    $131,572
    From related orgs
    $0
    Other
    $24,825
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,572
    Bonus
    $0
    Other
    $0
    Deferred
    $10,188
    Nontaxable benefits
    $14,637
    Filer's total
    $156,397
  • Bulent Coban

    CHIEF OPERATING OFFICER

    Total calculated
    $149,693
    From this org
    $130,564
    From related orgs
    $0
    Other
    $19,129
    Hours/week
    40
  • Andy Ayyildiz

    CHIEF PROGRAM OFFICER

    Total calculated
    $150,509
    From this org
    $129,328
    From related orgs
    $0
    Other
    $21,181
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,328
    Bonus
    $0
    Other
    $0
    Deferred
    $10,045
    Nontaxable benefits
    $11,136
    Filer's total
    $150,509
  • Emre Altunkopru

    CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $148,424
    From this org
    $127,947
    From related orgs
    $0
    Other
    $20,477
    Hours/week
    40
  • Minh Baca

    CHIEF COMPLIANCE OFFICER

    Total calculated
    $147,555
    From this org
    $126,895
    From related orgs
    $0
    Other
    $20,660
    Hours/week
    40
  • Recep Yilmaz

    AREA SUPERINTENDENT

    Total calculated
    $145,596
    From this org
    $126,294
    From related orgs
    $0
    Other
    $19,302
    Hours/week
    40
  • Serena Jackson

    AREA SUPERINTENDENT

    Total calculated
    $149,009
    From this org
    $125,781
    From related orgs
    $0
    Other
    $23,228
    Hours/week
    40
  • John Boyd

    CHIEF COMMUNICATIONS OFFICER

    Total calculated
    $148,276
    From this org
    $125,735
    From related orgs
    $0
    Other
    $22,541
    Hours/week
    40
  • Kamil Yilmaz

    AREA SUPERINTENDENT

    Total calculated
    $143,282
    From this org
    $123,973
    From related orgs
    $0
    Other
    $19,309
    Hours/week
    40
  • Talitha Alexander

    CHIEF CORPORATE ENGAGEMENT OFFICER

    Total calculated
    $141,740
    From this org
    $122,883
    From related orgs
    $0
    Other
    $18,857
    Hours/week
    40
  • Mustafa Altindag

    AREA SUPERINTENDENT

    Total calculated
    $146,949
    From this org
    $122,808
    From related orgs
    $0
    Other
    $24,141
    Hours/week
    40
  • Ebru Akyildiz

    CHIEF FINANCIAL OFFICER

    Total calculated
    $132,206
    From this org
    $122,736
    From related orgs
    $0
    Other
    $9,470
    Hours/week
    40
  • Selcuk Bakir

    AREA SUPERINTENDENT

    Total calculated
    $141,972
    From this org
    $121,386
    From related orgs
    $0
    Other
    $20,586
    Hours/week
    40
  • Fatih Ay

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $280,759
    From this org
    $242,164
    From related orgs
    $0
    Other
    $38,595
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,164
    Bonus
    $0
    Other
    $0
    Deferred
    $19,472
    Nontaxable benefits
    $19,123
    Filer's total
    $280,759
  • Umit Alpaslan

    SENIOR DEPUTY SUPERINTENDENT

    Total calculated
    $213,740
    From this org
    $186,406
    From related orgs
    $0
    Other
    $27,334
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,406
    Bonus
    $0
    Other
    $0
    Deferred
    $14,504
    Nontaxable benefits
    $12,830
    Filer's total
    $213,740
  • David Akdemir

    EXECUTIVE DIRECTOR

    Total calculated
    $151,381
    From this org
    $151,381
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,381
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $151,381
  • Abdulrasit Avsar

    EXECUTIVE DIRECTOR-GLOBAL TALENT SOURCING

    Total calculated
    $155,523
    From this org
    $144,338
    From related orgs
    $0
    Other
    $11,185
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,338
    Bonus
    $0
    Other
    $0
    Deferred
    $4,497
    Nontaxable benefits
    $6,688
    Filer's total
    $155,523
  • Erdal Caglar

    EXECUTIVE DIRECTOR-EXPANSION AND CONSTRUCTION

    Total calculated
    $163,755
    From this org
    $142,441
    From related orgs
    $0
    Other
    $21,314
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,441
    Bonus
    $0
    Other
    $0
    Deferred
    $11,013
    Nontaxable benefits
    $10,301
    Filer's total
    $163,755
  • Damon Polat

    EXECUTIVE DIRECTOR-INSTITUTIONAL RESEARCH AND DEVE

    Total calculated
    $162,257
    From this org
    $141,008
    From related orgs
    $0
    Other
    $21,249
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,008
    Bonus
    $0
    Other
    $0
    Deferred
    $10,965
    Nontaxable benefits
    $10,284
    Filer's total
    $162,257

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
9 February 2026
IRS schema version
2024v5.5
Source object
202610719349301751

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