Form Return ofOrganization ExemptFromIncomeTax 2011990s.foundationcenter.org/990_pdf_archive/760/760615245/760615… · -----TEXAS-2 Did the organization undertake any significant

Form 990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income TaxUnder section 501 (c), 527, or 4947(aXl) of the Internal Revenue Code

(except black lung benefit trust or private foundation)

The organization may have to use a copy of this return to satisfy state reporting requirements

A For the 2011 calendar year, or tax year beg innin g 9/01 , 2011, and ending 8/31 , 2012

B Check if applicable C D Employer Identification Number

Address change HARMONY PUBLIC SCHOOLS 76-0615245Name change 9321 W. SAM HOUSTON PKWY SOUTH E Telephone number

Initial returnHOUSTON, TX 77099 (713) 343-3333

Terminated

Amended return G Gross receipts $ 175, 530, 529

Application pending F Name and address of pr i ncipal officer YALCIN AKYILDIZ H(a) Is this a group return for affiliates? Yes NoHSAME AS C ABOVE H(b) Are all affiliates included? Yes No

I Tax-exempt status FXI 501(c) ( ) ^ (Insert no. ) 4947(a)(1) orIf 'No,' attach a list ( see instructions)

527

J Website : a- WWW . HARMONYTX . ORG H(c) Group exemption number

K Form of organization X Corporation Trust Association Others L Year of Formation 1999 M State of legal domicile TX

Part I Summary1 Briefly describe the organization's mission or most significant activities TO OPERATE CHARTER SCHOOLS . WE-----------------------------

PREÊNÎ QPERATE_3^CAMPUSE^_THt4>ZCzH U_ THE5TP^TE QF_TE_XA5-.___________________Q Z_

---------------------------------------------------------------c`0

--------- --------2 Check this box I, If the organization discontinued its operations or disposed of more than 25% of its net assets

0 3 Number of voting members of the governing body (Part VI, line 1a) 3 54 Number of independent voting members of the governing body (Part VI, line 1 b) 4 55 Total number of individuals employed in calendar year 2011 (Part V, line 2a) 5 2,4746 Total number of volunteers (estimate if necessary) 6 790

a 7a Total unrelated business revenue from Part VIII, column (C), line 12 7a 0.

b Net unrelated business taxable income from Form 990-T, line 34 7b 0.

Prior Year Current Year

8 Contributions and grants (Part VIII, line 1 h) - 142 398 154. 168 , 372 , 729.9 Program service revenue (Part VIII, line 2g) 6, 103, 973. 6,867,734.

10 Investment Income (Part VIII, column (A), lines 3, 4, and 7d) 91, 242. 113,723,11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and Ile) 77 , 595. 176 343.

12 Total revenue - add lines 8 throy b11 t I<ualPart VIII, column (A) , line 12) 148, 670, 964. 175, 530, 529.13 Grants and similar amounts Ra(FrW, Eottt. nA nes 1-3) 116, 834. 103,100.

c 14 Benefits paid to or for mem ers (Part IX, column (A^JIIne 4)

15 Salaries, other compensatjon, ^rppIoyee BerZejlts1(P;Îk, column (A), lines 5-10) 71, 825, 884. 87 012, 130.

(0) 16a Professional fundraising s (part IX, column (A), line, lIIle)

b Total fundraising expenses (Part^lX ..eola^ n (D)ne 25)qU1' 17 Other expenses (Part IX colurr (4)-linesl1a-11d; 11f&e) 71 566 158. 82 776 229.

_ 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 143, 508 , 876. 169 891 459.19 Revenue less ex penses Subtract line 18 from line 12 5 , 162 , 088. 5 , 639 , 070.

b 8_ Beg inning of Current Year End of Year

20 Total assets (Part X, line 16) 271, 366 966. 308, 155, 585.21 Total liabilities (Part X, line 26) 240, 152, 010. 271,301 , 559.

_ -22 Net assets or fund balances. Subtract line 21 from line 20 31 214 956. 36 854 026.Part II Sianature BlockUnder pen a (ties of perjury . I declare that I h exam ned this return , including ac ompanying schedules and statements , and to the best of my knowledge and belief, it is true , correct, andcomplete Declaration of preparer (ot th officer) is based on all information of which preparer has any know edge

Sign Signature(officer

Here YALCIN AKYILDIZType or print name and title

PrinGType preparer ' s name Pre is signature

Paid BENJAMIN P. GOMEZPreparer Firm's name ► GOMEZ & COMPAUse Only Firm's address 5177 RICHMOND/OE STE 1100

HOUSTON, TX 7 056May the IRS discuss this return with the preparer shown above? (see if

BAA For Paperwork Reduction Act Notice , see the separate instructii

OMB No 1545-0047

2011Open to Public

Inspection

. ( I . r.01

Form 990 (2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page 2

V-PM011,447 Statement of Program Service AccomplishmentsCheck if Schedule 0 contains a response to any question in this Part III F1

1 Briefly describe the organization's mission

TO-OPERATE-CHARTER-SCHOOLS. WE-PRESENTLY OPERATE 38 CAMPUSES THROUGHOUT THE STATE-OF

TEXAS ------------------------------------------------------------------

2 Did the organization undertake any significant program services during the year which were not listed on the prior

Form 990 or 990 -EZ7 F1 Yes X] No

If 'Yes,' describe these new services on Schedule 0

3 Did the organization cease conducting , or make significant changes in how it conducts , any program services? E] Yes XX No

If 'Yes,' describe these changes on Schedule 0

4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expensesSection 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations toothers, the total expenses, and revenue, if any, for each program service reported

4a (Code ^) (Expenses $ 169, 891, 459. including grants of $ ) (Revenue $

FOCUS-IS TO ESTABLISH-STRONG SCIENCE,-MATHMATICS,-& COMPUTER TECHNOLOGY PROGRAMS FOR------------------------------------------------------------INNER CITY YOUTH. ONE GOAL IS -TO- EMPHASIZE SCIENCE,-MATH, AND COMPUTER TECHNOLOGY_------------------- --COMPETITIONS._ ------------------------------------------------------

4b (Code. ^) (Expenses $ including grants of $ ) (Revenue $

4c (Code ^) (Expenses $ including grants of $ ) (Revenue $ )

4d Other program services (Describe in Schedule 0 )

(Expenses $ including grants of $ ) (Revenue $

4e Total program service expenses ► 169, 891, 459 .

BAA TEEA0102L 07/05/11 Form 990 (2011)

Form 990 (2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page

Part IV Checklist of Req uired SchedulesYes No

1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If 'Yes,' completeSchedule A 1 X

2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 X

3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidatesfor public office? If 'Yes,' complete Schedule C, Part l 3 X

4 Section 501(cX3) organizations Did the organization engage in lobbying activities, or have a section 501(h) electionin effect during the tax year? If 'Yes,' complete Schedule C, Part 11 4 X

5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues,assessments, or similar amounts as defined in Revenue Procedure 98-19' If 'Yes,' complete Schedule C, Part //1 5 X

6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the rightto provide advice on the distribution or investment of amounts in such funds or accounts? If 'Yes,' complete Schedule D,Part l 6 X

7 Did the organization receive or hold a conservation easement, including easements to preserve open space, theenvironment, historic land areas or historic structures? If 'Yes,' complete Schedule D, Part 11 7 X

8 Did the organization maintain collections of works of art, historical treasures, or other similar assets'? If 'Yes,'complete Schedule D, Part III 8 X

9 Did the organization report an amount in Part X , line 21, serve as a custodian for amounts not listed in Part X,or provide credit counseling , debt management , credit repair , or debt negotiation services? If 'Yes,' completeSchedule D, Part IV 9 X

10 Did the organization , directly or through a related organization , hold assets in temporarily restricted endowments,permanent endowments , or quasi-endowments? If 'Yes ,' complete Schedule D, Part V 10 X

11 If the organization ' s answer to any of the following questions is ' Yes', then complete Schedule D, Parts VI, VII, VIII, IX,or X as applicable

a Did the organization report an amount for land, buildings and equipment in Part X, line 10? If 'Yes,' complete ScheduleD, Part VI 11 a X

b Did the organization report an amount for investments- other securities in Part X, line 12 that is 5% or more of its totalassets reported in Part X, line 16' If 'Yes,' complete Schedule D, Part VII 11b X

c Did the organization report an amount for investments- program related in Part X, line 13 that is 5% or more of its totalassets reported in Part X, line 16' If 'Yes,' complete Schedule D, Part VIII 11c X

d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reportedin Part X, line 16? If 'Yes,' complete Schedule D, Part IX 11d X

e Did the organization report an amount for other liabilities in Part X, line 25? If 'Yes,' complete Schedule D, Part X 11e X

f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addressesthe organization's liability for uncertain tax positions under FIN 48 (ASC 740)' If 'Yes,' complete Schedule D, Part X 11 f X

12a Did the organization obtain separate, independent audited financial statements for the tax year? If 'Yes,' completeSchedule D, Parts Xl, XII, and Xlll 12a X

b Was the organization included in consolidated, independent audited financial statements for the tax year? If 'Yes,' andif the organization answered 'No' to line 12a, then completing Schedule D, Parts Xl, XII, and XIII is optional 12b X

13 Is the organization a school described in section 170(b)(1)(A)(ii)' If 'Yes,' complete Schedule E 13 X

14a Did the organization maintain an office, employees, or agents outside of the United States? 14a X

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising,business, investment, and program service activities outside the United States, or aggregate foreign investments valuedat $100,000 or more? If 'Yes,' complete Schedule F, Parts I and IV 14b X

15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organizationor entity located outside the United States? If 'Yes,' complete Schedule F, Parts ll and IV 15 X

16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance toindividuals located outside the United States? If 'Yes,' complete Schedule F, Parts 111 and IV 16 X

17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,column (A), lines 6 and 11e' If 'Yes,' complete Schedule G, Part I (see instructions) 17 X

18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII,lines 1c and 8a? If 'Yes,' complete Schedule G, Part ll 18 X

19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a' If 'Yes,'complete Schedule G, Part 111 X

20 aD id the organization operate one or more hospital facilities? If 'Yes,' complete Schedule H

ELX

b If 'Yes' to line 20a, did the organization attach a copy of its audited financial statements to this return' IBAA TEEA0103L 01/23112 Form 990 (2011)

Form 990 (2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page 4Part IFV w Checklist of Required Schedules (continued)

Yes No

21 Did the organization report more than $5,000 of grants and other assistance to governments and organizations in theUnited States on Part IX, column (A), line 1 ? If 'Yes,' complete Schedule I, Parts I and Il

22 Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on PartIX, column (A), line 2' If 'Yes,' complete Schedule 1, Parts I and /ll

23 Did the organization answer 'Yes' to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's currentand former officers, directors, trustees, key employees, and highest compensated employees? If 'Yes,' completeSchedule J

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as ofthe last day of the year, and that was issued after December 31, 2002 If 'Yes,' answer lines 24b through 24d andcomplete Schedule K If 'No,'go to line 25

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?

c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defeaseany tax-exempt bonds?

d Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?

25a Section 501(cX3) and 501 (cX4) organizations . Did the organization engage in an excess benefit transaction with adisqualified person during the years If 'Yes,' complete Schedule L, Part t

21 X

22 X

23 X

24a X

24b X

24c X

24d X

25a X

b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, andthat the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If 'Yes,' completeSchedule L, Part I 25b X

26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, ordisqualified person outstanding as of the end of the organization's tax year? If 'Yes,' complete Schedule L, Part l1

27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantialcontributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family memberof any of these persons? If 'Yes,' complete Schedule L, Part 111

28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IVinstructions for applicable filing thresholds, conditions, and exceptions)-

a A current or former officer, director, trustee, or key employee? If 'Yes,' complete Schedule L, Part IV

b A family member of a current or former officer, director, trustee, or key employee? If 'Yes,' completeSchedule L, Part IV

c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was anofficer, director, trustee, or direct or indirect owner? If 'Yes,' complete Schedule L, Part IV

29 Did the organization receive more than $25,000 in non-cash contributions' If 'Yes,' complete Schedule M

30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservationcontributions? If 'Yes,' complete Schedule M

31 Did the organization liquidate, terminate, or dissolve and cease operations' If 'Yes,' complete Schedule N, Part I

32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If 'Yes,' completeSchedule N, Part ll

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections301 7701-2 and 301 7701-37 If 'Yes,' complete Schedule R, Part I

34 Was the organization related to any tax-exempt or taxable entity? If 'Yes,' complete Schedule R, Parts ll, 111, IV, and V,line 1

35a Did the organization have a controlled entity within the meaning of section 512(b)(13)7

b Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaningof section 512(b)(13)7 If 'Yes,' complete Schedule R, Part V, line 2

36 Section 501(cX3) organizations . Did the organization make any transfers to an exempt non-charitable relatedorganization? If 'Yes,' complete Schedule R, Part V, line 2

37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that istreated as a partnership for federal income tax purposes? If 'Yes,' complete Schedule R, Part VI

38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 and 197Note . All Form 990 filers are required to complete Schedule 0

BAA

26 1 1 X

27 X

28a X

28b X

28c X

29 X

30 X

31 X

32 X

33 X

34 X

35a X

35b X

36 X

37 X

38 X

Form 990 (2011)

TEEA01041- 07/05/11


Part V Statements Regarding Other IRS Filings and Tax Compliance

Check if Schedule 0 contains a response to any auestion in this Part V n

1 a Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable 1 a 350

b Enter the number of Forms W-2G included in line 1 a Enter -0- if not applicable 1 b 0

c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming(gambling) winnings to prize winners?

2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax State-ments, filed for the calendar year ending with or within the year covered by this return 2a 2, 474

b If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note . If the sum of lines 1 a and 2a is greater than 250, you may be required to e-file (see instructions)

3a Did the organization have unrelated business gross income of $1,000 or more during the year?

b If 'Yes' has it filed a Form 990-T for this year? If 'No,' provide an explanation in Schedule 0

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, afinancial account in a foreign country (such as a bank account, securities account, or other financial account)?

b If 'Yes,' enter the name of the foreign country 1,

See instructions for filing requirements for Form TD F 90-22 1, Report of Foreign Bank and Financial Accounts

5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

c If 'Yes,' to line 5a or 5b, did the organization file Form 8886-T'

6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organizationsolicit any contributions that were not tax deductible

b If 'Yes,' did the organization include with every solicitation an express statement that such contributions or gifts werenot tax deductible?

7 Organizations that may receive deductible contributions under section 170(c).

a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods andservices provided to the payor7

b If 'Yes,' did the organization notify the donor of the value of the goods or services provided?

c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to fileForm 8282'

d If 'Yes,' indicate the number of Forms 8282 filed during the year I 7d1

e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899as required?

h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file aForm 1098-C''

8 Sponsoring organizations maintaining donor advised funds and section 509(a)K3) supporting organizations . Did thesupporting organization, or a donor advised fund maintained by a sponsoring organization, have excess businessholdings at any time during the year?

9 Sponsoring organizations maintaining donor advised funds.

a Did the organization make any taxable distributions under section 4966?

b Did the organization make a distribution to a donor, donor advisor, or related person?

10 Section 501(c)(7) organizations. Enter

a Initiation fees and capital contributions included on Part VIII, line 12 10a

bGross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 10b

11 Section 501(cX12) organizations. Enter

a Gross income from members or shareholders 11 a

b Gross income from other sources (Do not net amounts due or paid to other sourcesagainst amounts due or received from them) 11 b

12a Section 4947(a)(1) non-exempt charitable trusts . Is the organization filing Form 990 in lieu of Form 1041

b If 'Yes,' enter the amount of tax-exempt interest received or accrued during the year 112b1

13 Section 501(cX29) qualified nonprofit health insurance issuers.

a Is the organization licensed to issue qualified health plans in more than one state?

Note . See the instructions for additional information the organization must report on Schedule 0

b Enter the amount of reserves the organization is required to maintain by the states inwhich the organization is licensed to issue qualified health plans 13b

c Enter the amount of reserves on hand 13c

14a Did the organization receive any payments for indoor tanning services during the tax year?

b If 'Yes,' has it filed a Form 720 to report these payments? If 'No,' provide an explanation in Schedule 0

BAA TEEA0105L 07/05/11

Yes No

2b X

3a X

3b

4a X

5a X

5b X

5c

6a X

6b

7a X

7b

7c X

7e X

7f X

7

7h

8 - --^

12a1 I

13al

14al I X

Form 990 (2011)


Part VI Governance , Management and Disclosure For each 'Yes' response to lines 2 through 7b below, and fora 'No' response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes inSchedule 0. See Instructions.

-Check if Schedule 0 contains a response to any question in this Part VI I-XII

Section A. Governin g Body and ManagementYes No

1 a Enter the number of voting members of the governing body at the end of the tax year 1 a 5If there are material differences in voting rights among membersof the governing body, or if the governing body delegated broadauthority to an executive committee or similar committee, explain in Schedule 0

b Enter the number of voting members included in line 1 a, above, who are independent 1 b 5

2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any otherofficer, director, trustee or key employees

-2

-X

3 Did the organization delegate control over management duties customarily performed by or under the direct supervisionof officers, directors or trustees, or key employees to a management company or other person? 3 X

4 Did the organization make any significant changes to its governing documents

since the prior Form 990 was filed? 4 X

5 Did the organization become aware during the year of a significant diversion of the organization's assets? 5 X

6 Did the organization have members or stockholders? 6 X

7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or moremembers of the governing body? 7a X

b Are any governance decisions of the organization reserved to (or subject to approval by) members,stockholders, or other persons other than the governing body? 7b X

8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year bythe following

a The governing body? 8a X

b Each committee with authority to act on behalf of the governing body? 8b X

9 Is there any officer, director or trustee, or key employee listed in Part VII, Section A, who cannot be reached at theorganization's mailin g address? If 'Yes,' provide the names and addresses in Schedule 0 9 X

Section B. Policies (This Section B requests Information about policies not required by the Internal Revenue Code.)Yes No

10a Did the organization have local chapters, branches, or affiliates? 10a X

b If 'Yes,' did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure theiroperations are consistent with the organization's exempt purposes? 1 0 b X

11 a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 11 a X

b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990 SEE SCHEDULE 0

12a Did the organization have a written conflict of interest policy? If 'No,' go to line 13 12a X

b Were officers, directors or trustees, and key employees required to disclose annually interests that could give riseto conflicts? 12b X

c Did the organization regularly and consistently monitor and enforce compliance with the policy? If 'Yes,' describe inSchedule 0 how this Is done SEE SCHEDULE 0 12c X

13 Did the organization have a written whistleblower policy? 13 X

14 Did the organization have a written document retention and destruction policy) 14 X

15 Did the process for determining compensation of the following persons include a review and approval by independentpersons, comparability data, and contemporaneous substantiation of the deliberation and decision

a The organization's CEO, Executive Director, or top management official SEE SCHEDULE 0 15a X

b Other officers of key employees of the organization SEE SCHEDULE 0 15b X

If 'Yes' to line 15a or 15b, describe the process in Schedule 0 (See instructions)

16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a jtaxable entity during the year? 16a X

b If 'Yes,' did the organization follow a written policy or procedure requiring the organization to evaluate itsparticipation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard theorganization's exempt status with res pect to such arrangements? 16b

Section C . Disclosure

17 List the states with which a copy of this Form 990 is required to be filed ► NONE

18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable ), 990, and 990 -T (501 (c)(3)s only) available for publicinspection. Indicate how you make these available Check all that apply

Own website q Another's website Upon request

19 Describe in Schedule 0 whether (and if so, how) the organization makes its governing documents , conflict of interest policy, and financial statements available tothe public during the tax year. SEE SCHEDULE 0

20 State the name , physical address, and telephone number of the person who possesses the books and records of the organization

9321 W . SAM HOUSTON PKWY SOUTH- HOUSTON TX 77099 (713) 343-3333---------------------------------------------------------------

BAA TEEA0106L 01/23 / 12 Form 990 (2011)

Form 990 (2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page 7Part VII, Compensation of Officers , Directors, Trustees , Key Employees , Highest Compensated Employees, and

Independent ContractorsCheck If Schedule 0 contains a response to any question in this Part VII n

ce1 a Complete this table for all persons required to be listed Report compensation for the calendar year ending with or within the

organization's tax year

• List all of the organization' s current officers directors, trustees (whether individuals or organizations), regardless of amount ofcompensation. Enter -0- in columns (D), (E), and (F5 if no compensation was paid

• List all of the organization' s current key employees, if any See instructions for definition of 'key employee

• List the organization' s five current highest compensated employees (other than an officer, director, trustee, or key employee) whoreceived reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and anyrelated organizations

• List all of the organization' s former officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations

• List all of the organization' s former directors or trustees that received, in the capacity as a former director or trustee of theorganization, more than $10,000 of reportable compensation from the organization and any related organizations

List persons in the following order individual trustees or directors, institutional trustees, officers, key employees, highest compensatedemployees, and former such persons

I-I Check this box if neither the organization nor any related organization compensated any current officer, director, or t rustee

(C)

(A) (B)Position

(do not check more than one box, (D) (E) (F)Name and title Average unless i s both an officer Reportable Reportable Estimated

hoursper week

and a director/ trustee) compensation fromr anizationth

compensation fromrelated or anizations

amount of otherensationcom

(describe o g - p 7, o =3

m°

ge o(W-2/1099-MISC)

g(W-2/1099-MISC)

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hours for a a --a a

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organizationrelated

organiza- c°

Eo ID m

3 oand related

organizationsLions in s - Z ° oSchedule °-'

0) t

N

N

7y1

p1

_ c) ONER_U._ CELEPCIKAY

PRESIDENT 5 X 0. 0. 0.(2) MUSTAFA ATIK

TREASURER 5 X 0. 0. 0._( BILAL AKIN _________

SECRETARY 5 X 0. 0. 0.

-C4)- ELLEN A MACDONALD _ _ _ _

VICE PRESIDENT 5 X 0. 0. 0.

_ L5) CENGIZHAAN KESKIN------

VICE PRESIDENT 5 X 0. 0. 0._ 16) DR._ SONER TARIM ......

SUPERINTENDENT 40 X 143 000. 0. 0._ (7) YALCIN AKYILDIZ _ - _ _ _

CFO 40 X 93 , 333. 0. 0.

_(8) KADIR ALMUS

---------CHIEF ACAD OFFI 40 X 97 , 000. 0. 0.

_ L9) ERDAL CAGLAR---------coo 40 X 85 , 500. 0. 0.

S10) -----------------

11: -----------------

-512)------

-1A------------------

S14) -----------------

BAA TEEA0107L 07/06/11 Form 990 (2011)

Form 990(2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page 8

Part VII Section A _ Officers_ 13irertnrs _ Tructees _ Kev Emnlnvees . and Highest Compensated EmDlovees (coot)

(C)

(A) (B)Position

(do not check more than one (D ) (E) (F)

Name and title Averagehours

box, unless person is both anofficer and a director/trustee)

Reportablecompensation fromthe or anization

Reportablecompensation fromrelated or an i zat i ons

Estimatedamount of othercompensationper

r^ mg

W 2/ 1099-MISC)g

(W-2/1099 - MISC) from theweek g 5 5 O'

?-,

(or t(descnb o a = ganiza ion

d lehours

- E

O

m ^3

o an re atedorganizations

for ° D o ^D orelated 2 - m 2orgam E ' mzations

inm

Sch O)

515)-----------------------

(16)---------------------------

(17)

-------------------------

9-------------------------

529)-------------------------

52?)-------------------------

52p-------------------------

524)------- ------------------

52§)-------------------------

1 b Sub-total ► 418, 833. 0. 0.

c Total from continuation sheets to Part VII, Section A 0. 0 . 0.

d Total (add li nes 1 b and 1 c ► 418 , 833. 0 . 0.

2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation

from the organization 1. 1

No

3 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee -on line 1a) If 'Yes,' complete Schedule J for such individual 3 X

4 For any individual listed on line la, is the sum of reportable compensation and other compensation fromthe organization and related organizations greater than $150,0007 If 'Yes' complete Schedule J for - - -such individual 4 X

5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individualfor services rendered to the organization? If 'Yes,' complete Schedule J for such person 5 X

Section B. Independent Contractors1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of

rmmnencnfinn from the nrnani7atinn Rannrt rnmoencatinn for the rnlanrlar vaar enriinn with or within the organization's tax year

(A)Name and business address

(B)Description

ofservices

(C )Compensation

SOLIDARITY CONTRACTING, LLC 10100 W SAM HOUSTON PKWY S STE 340 HOUS CONSTRUCTION 8 , 661 , 241.

TARGETED DESIGN AND MANAGEMENT, LLC 9000 SOUTHWEST FRWY STE 260 HOU CONSTRUCTION 5 103 932.

RATCLIFF CONSTRUCTION LLP 4200 BELTWAY DRIVE ADDISON, TX 75001 CONSTRUCTION 7 , 091 , 868.

CRYSTAL FACILITY SOLUTIONS, INC. 10530 ROCKLEY RD STE 120 HOUSTON, MAINTENANCE & JANITO 2 , 955 , 841.NORTHWEST CATERING SERVICES, INC 16929 STATE HIGHWAY 249 STE#A HOUS CATERING SERVICES 2 , 420 , 613.

2 Total number of independent contractors (including but not limited to those listed above) who received more than

$100,000 in com pensation from the organization - 123

BAA TEEA0108L 07/06/11 Form 990 (2011)

Form 990(2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page 9Part VIII Statement of Revenue

(A) (B) (C )Total revenue Related or Unrelated Revenue

exempt business excluded from taxfunction revenue under sectionsrevenue 512, 513, or 514

W Cn 1 a Federated campaigns laI.-Z b Membership dues lb

Q c Fundraising events 1C

d Related organizations l d

in f e Government grants (contributions) 1 e 167216362.Z 05F- W f All other contributions, gifts, grants, andW similar amounts not included above 1 f 1, 156,367.

_= g Noncash contributions included in Ins la-1f $

8a h Total . Add lines la-1f ► 168372729.W Business Code

W 2a OTHER REVENUE 6 , 867 , 734. 6 , 867 , 734.________--------b

WV

- - - - - - - - - - - - - - - - - -C

W- - - - - - - - - - - - - - - - - -

d- - - - - - - - - - - - - - - - - -

e

o f All other program service revenue

g Total . Add lines 2a-2f ► 6 , 867,734.

3 Investment income (including dividends, interest andother similar amounts) 113, 723. 113, 723.

4 Income from investment of tax-exempt bond proceeds

5 Royalties(i) Real (n) Personal

6a Gross rents 176 343.

b Less. rental expenses

c Rental income or (loss) 176 , 343.d Net rental income or (lo ss 176 343. 176 343.

7a Gross amount from sales of(i) Securities (n) Other

assets other than inventory

b Less cost or other basisand sales expenses

c Gain or (loss)

d Net gain or (loss)

8a Gross income from fundraising events(not including $

of contributions reported on line 1c)

See Part IV, line 18 a

X b Less direct expenses b

c Net income or (loss) from fundraising events

9a Gross income from gaming activitiesSee Part IV, line 19 a

b Less direct expenses b

c Net income or (loss) from gaming activit ies

10a Gross sales of inventory, less returnsand allowances a

b Less cost of goods sold b

c Net income or (loss) from sales of inventoryMiscellaneous Revenue Business Code

11a------------------

b------------------

c------------------

d All other revenue

e Total . Add lines 1la-11d

12 Total revenue . See instructions 175530529. 6, 981, 457. 0 . 176,343.BAA TEF-Ao109L 07106/11 Form 990 (2011)

Form 990 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Page 10

Part IX • Statement of Functional ExpensesSection 501(c)(3) and 501(c)(4) organizations must complete all columnsAll other organizations must complete column (A) but are not required to complete columns (B), (C), and (D)

Check if Schedule 0 contains a res ponse to any question in this Part IX

Do not include amounts reported on lines6b, 7b, 8b, 9b, and 10b ofPart V/0.

Total expenses

(B)Program service

ex penses

(C)Management andg eneral ex penses

(D)Fundraisingex penses

1 Grants and other assistance to governmentsand organizations in the United States SeePart IV , line 21

2 Grants and other assistance to individuals inthe United States See Part IV , line 22 10 3 100 . 103 100.

3 Grants and other assistance to governments,organizations , and individuals outside theUnited States See Part IV , lines 15 and 16

4 Benefits paid to or for members5 Compensation of current officers, directors,

trustees, and key employees 429, 000 . 429, 000. 0. 0.

6 Compensation not included above, todisqualified persons (as defined undersection 4958 (f)(1)) and persons describedin section 4958 (c)(3)(B) . . . .

7 Other salaries and wages 74 403 273 . 74 , 40-3,273.8 Pension plan accruals and contributions

(include section 401(k) and section 403(b)employer contributions)

9 Other employee benefits 10 610 597 . 10 , 610 , 597.10 Payroll taxes 1 , 569 , 2 0 . 1 569 260.11 Fees for services (non-employees)

a Management

b Legal

c Accounting

d Lobbying

e Professional fundraising services See Part IV, line 17

f Investment management fees

g Other 16 842 477 . 16 , 842 , 477.

12 Advertising and promotion

13 Office expenses

14 Information technology

15 Royalties

16 Occupancy 8 , 942 , 449. 8 , 942 , 449.17 Travel 2 , 747 , 084 . 2 , 747 , 084.18 Payments of travel or entertainment

expenses for any federal , state, or localpublic officials

19 Conferences , conventions , and meetings

20 Interest 12 571 988 . 12 571 988.

21 Payments to affiliates

22 Depreciation , depletion, and amortization 10 918 104 . 10 , 918 , 104.23 Insurance 502 339 . 502 339.24 Other expenses Itemize expenses not

covered above (List miscellaneous expensesin line 24e If line 24e amount exceeds 10%of line 25 , column (A) amount , list line 24eexpenses on Schedule O)

a SUPPLIES 14 734 184 . 19 734 184.______________b OTHER EXPENSE 5 , 641 , 423 . 5 641 423.- - - - - - - - - - - -c REPAIRS AND MAINTENANCE 3 , 594 , 993 . 3 , 594 , 993.------------------

d UTILITIES 3 , 360 , 979. 3 , 36-0 , 979.--------------e All other expenses 2 , 920 , 209. 2 , 920 , 209.

25 Total functional expenses. Add lines 1 through 24e 169 , 8 91 , 459. 169 , 8 91 , 459. 0. 0.

26 Joint costs . Complete this line only ifthe organization reported in column (B)joint costs from a combined educationalcampaign and fundraising solicitation

Check here I- F] if following

SOP 98.2 ASC 958.720

BAA Form 990 (2011)

TEEA0110L 01/26/12

Form 990 (2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page 11Part X Balance Sheet

AngBeginnin g of year

(B)End of year

1 Cash - non-interest-bearing 54, 860, 564. 1 67,033,915.2 Savings and temporary cash investments 2

3 Pledges and grants receivable, net 3

4 Accounts receivable, net 8, 008, 846. 4 8,840,385.

5 Receivables from current and former officers, directors, trustees, key employees,and highest compensated employees Complete Part II of Schedule L 5

6 Receivables from other disqualified persons (as defined under section 4958(f)(1)),persons described in section 4958(c)(3)(B), and contributing employers andsponsoring organizations of section 501(c)(9) voluntary employees' beneficiaryorganizations (see instructions)

- -- -6

- --

As

7 Notes and loans receivable, net 321, 532. 7 1, 297, 153.

E 8 Inventories for sale or use 8T

9 Prepaid expenses and deferred charges 9 87,954.

10a Land, buildings, and equipment cost or other basisComplete Part VI of Schedule D 10a 253, 890, 190.

b Less accumulated depreciation 10b 28, 613, 744. 203, 346, 942. 10c 225, 276, 446.11 Investments - publicly traded securities 11

12 Investments - other securities See Part IV, line 11 12

13 Investments - program-related See Part IV, line 11 13

14 Intangible assets 14

15 Other assets See Part IV, line 11 4, 829, 082. 15 5,619,732.

16 Total assets . Add lines 1 throu g h 15 (must eq ual line 34) 271, 366, 966. 16 308, 155, 585.17 Accounts payable and accrued expenses 5, 484, 265. 17 7, 698, 777.

-18 Grants payable 18 85 , 376.f

19 Deferred revenue 19

L 20 Tax-exempt bond liabilities 211, 972, 064. 20 197, 817, 533.A 21 Escrow or custodial account liability Complete Part IV of Schedule D 21

ii 22 Payables to current and former officers, directors, trustees, key employees,f l P t IIh h t t d l d d l d C t - -oyees, an persons omp arig es compensa e emp isqua i ie e e

of Schedule L. 22

E 23 Secured mortgages and notes payable to unrelated third parties 18 531 199. 23 15, 767 831.

s 24 Unsecured notes and loans payable to unrelated third parties 24 44, 995 , 000.

25 Other liabilities (including federal income tax, payables to related third parties,and other liabilities not included on lines 17-24) Complete Part X of Schedule D 4, 164, 482. 25 4, 837, 042.

26 Total lia bilities . Add lines 17 throu g h 25 240 152 010. 26 271 301 559.

A

Organizations that follow SFAS 117, check here ► X and complete lines

27 through 29 and lines 33 and 34.

27 Unrestricted net assets 7, 853, 741. 27 10,935,047.

28 Temporarily restricted net assets 23, 361, 215. 28 25, 918, 979.

s 29 Permanently restricted net assets 29

R

FuS

Organizations that do not follow SFAS 117 , check here ► E and complete

lines 30 through 34.

30 Capital stock or trust principal, or current funds 0

A 31 Paid-in or capital surplus, or land, building, or equipment fund 31

A 32 Retained earnings, endowment, accumulated income, or other funds 32

cc 33 Total net assets or fund balances 31, 214, 956. 33 36, 854, 026.E 34 Total liabilities and net assets/fund balances 271, 366, 966. 34 308, 155, 585 .BAA Form 990 (2011)

TEEA0111L 07/06/11

Form 990 (2011) HARMONY PUBLIC SCHOOLS 76-0615245 Page 12

Part XI Reconciliation of Net Assets

Check if Schedule 0 contains a response to any question in this Part XI FJ

1 Total revenue (must equal Part VIII, column (A), line 12) 1 175, 530, 529.

2 Total expenses (must equal Part IX , column (A), line 25) 2 169, 891, 459.

3 Revenue less expenses Subtract line 2 from line 1 3 5,639,070.

4 Net assets or fund balances at beginning of year (must equal Part X , line 33, column (A)) 4 31,214,956.

5 Other changes in net assets or fund balances (explain in Schedule 0) 5 0.

6 Net assets or fund balances at end of year Combine lines 3 , 4, and 5 (must equal Part X, line 33,column (B)) 6 36,854,026. _

Part XII Financial Statements and ReportingCheck if Schedule 0 contains a res ponse to any q uestion in this Part XII

Yes No

1 Accounting method used to prepare the Form 990 [] Cash 21 Accrual Other

If the organization changed its method of accounting from a prior year or checked 'Other,' explainin Schedule 0

2a Were the organization 's financial statements compiled or reviewed by an independent accountant? 2a X

b Were the organization 's financial statements audited by an independent accountant? 2b X

c If 'Yes' to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,review , or compilation of its financial statements and selection of an independent accountant? 2c X

If the organization changed either its oversight process or selection process during the tax year, explainin Schedule 0

d If 'Yes' to line 2a or 2b , check a box below to indicate whether the financial statements for the year were issued on aseparate basis , consolidated basis, or both

1-1 Separate basis XI Consolidated basis E]Both consolidated and separate basis

3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the SingleAudit Act and OMB Circular A -133' a X

b If 'Yes,' did the organization undergo the required audit or audits? If the organization did not undergo the required auditor audits, explain why in Schedule 0 and describe any ste ps taken to undergo such audits 3b X

BAA Form 990(2011)

TEEA0112L 07/06/11

OMB No 1545-0047

SCHEDULE A(Fprm 990 or 990-EZ)

Public Charity Status and Public Support 2011Complete if the organization is a section 501(cX3) organization or a section

4947(aXl) nonexempt charitable trust . Open to Public

Internal ^Revena Serrvicery ► Attach to Form 990 or Form 990-EZ . I- See separate instructions.Inspection

Name of the organization Employer identification number

HARMONY PUBLIC SCHOOLS 76-0615245

Part I Reason for Public Charity Status (All organizations must com p lete this part. ) See instructions.

The organization is not a private foundation because it is (For lines 1 through 11, check only one box )

1 A church, convention of churches or association of churches described in section 170(bX1XAXi).

2 X A school described in section 170(bXlXAXii). (Attach Schedule E )

3 A hospital or a cooperative hospital service organization described in section 170 (bXlXAXiii).

4 A medical research organization operated in conjunction with a hospital described in section 170(bXlXAXiii) Enter the hospital's

name, city, and state5 An orga n ization

-operated-for theb--enefi--t-of-a---college--or-un--ivers-ity ---owned-or--operated----by-a----governmental----unit--described-----In

---section

--q

170(bx1XAXiv). (Complete Part II )

6 B A federal, state, or local government or governmental unit described in section 170(bXlXAXv).

7 An organization that normally receives a substantial part of its support from a governmental unit or from the general public describedin section 170(bX1XAXvi). (Complete Part II )

8 q A community trust described in section 170(bXIXAXvi). (Complete Part II )

9 q An organization that normally receives (1) more than 33-1/3% of its support from contributions, membership fees, and gross receiptsfrom activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33-1/3% of its support from grossinvestment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization afterJune 30, 1975 See section 509(aX2). (Complete Part I I I )

10 B An organization organized and operated exclusively to test for public safety See section 509(aX4).

11 An organization organized and operated exclusively for the benefit of, to perform the functions of, or carry out the purposes of one ormore publicly supported organizations described in section 509(a)(1) or section 509(a)(2) See section 509(aX3). Check the box thatdescribes the type of supporting organization and complete lines 11e through 11h

a [Type I b [Type II C [:] Type III - Functionally integrated d q Type III - Other

e q By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified personsother than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) orsection 509(a)(2)

I If the organization received a written determination from the IRS that is a Type I, Type II or Type III supporting organization, qcheck this box

g Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons'

(i) A person who directly or indirectly controls, either alone or together with persons described in (ii) and (ill)below, the governing body of the supported organization?

(ii) A family member of a person described in (I) above?

(iii) A 35% controlled entity of a person described in (1) or (if) above?

h Provide the followina information about the supported organization(s)

Yes No

41111ii

(1) Name of supportedorganization

(ii) EIN (iii) Type of organization(described on lines 1-9above or IRC section(see instructions))

(iv) Is theorganization in

column (i) listed inyour governingdocument"

(v) Did you notifythe organization in

column (i) ofyour support'

(vi) Is theorganization in

column (i)organized in the

U S7

(vii) Amount of support

Yes No Yes No Yes No

(A)

(B)

(C)

(D)

(E)

Total

BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule A (Form 990 or 990-EZ) 2011

TEEA0401L 09/28/11

Schedule A (Form 990 or 990-EZ) 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Page 2Part II Support Schedule for Organizations Described in Sections 170(bX1XAXiv) and 170(bXlXAXvi)

(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III If theorganization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal yearbeginning in)

(a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total

1 Gifts, grants, contributions, andmembership fees received (Do not

'include any unusual grants )

2 Tax revenues levied for theorganization's benefit andeither paid to or expendedon its behalf

3 The value of services orfacilities furnished by agovernmental unit to theorganization without charge

4 Total . Add lines 1 through 3

5 The portion of totalcontributions by each person(other than a governmentalunit or publicly supportedorganization) included on line 1that exceeds 2% of the amountshown on line 11, column (f)

6 Public support . Subtract line 5from line 4

Section B. Total Support

Calendar year (or fiscal year (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Totalbeginning in)

7 Amounts from line 4

8 Gross income from interest,dividends, payments receivedon securities loans, rents,royalties and income fromsimilar sources

9 Net income from unrelatedbusiness activities , whether ornot the business is regularlycarried on

10 Other income Do not includegain or loss from the sale ofcapital assets (Explain inPart IV)

11 Total sup ort. Add lines 7through 1 S

12 Gross receipts from related activities, etc (see instructions) 12

13 First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)organization, check this box and stop here

omputation of Public14 Public support percentage for 2011 (line 6, column (f) divided by line 11, column (f))

15 Public support percentage from 2010 Schedule A, Part II, line 14

11.

14 %

15 %

16a 33-1/3% support test - 2011 . If the organization did not check the box on line 13, and the line 14 is 33-1/3% or more, check this box qand stop here . The organization qualifies as a publicly supported organization ►

b 33-1 /3% support test - 2010 . If the organization did not check a box on line 13 or 16a, and line 15 is 33-1/3% or more, check this box qand stop here . The organization qualifies as a publicly supported organization ►

17a 10%-facts-and-circumstances test - 2011 . If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10%or more, and if the organization meets the 'facts-and-circumstances' test, check this box and stop here . Explain in Part IV how qthe organization meets the 'facts-and-circumstances' test The organization qualifies as a publicly supported organization ►

b 10%-facts-and -circumstances test - 2010 . If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10%or more, and if the organization meets the 'facts-and-circumstances' test, check this box and stop here . Explain in Part IV how theorganization meets the 'facts-and-circumstances' test The organization qualifies as a publicly supported organization ►

18 Private foundation . If the oraarnzation did not check a box on line 13, 16a. 16b. 17a. or 17b. check this box and see instructions ►BAA Schedule A (Form 990 or 990-EZ) 2011

TEEA0402L 05/25/11

Schedule A (Form 990 or 990-EZ) 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Page 3

Part III Support Schedule for Organizations Described in Section 509(aX2)

(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II If the organization failsto qualify under the tests listed below, please complete Part II )

Section A. Public SupportCalendar year ( or fiscal yr beginning (a) 2007 (b) 2008 c 2009 (d ) 2010 (e) 2011 Total

1 Gifts, grants, contributionsand membership feesreceived (Do not includeany 'unusual grants ')

2 Gross receipts from admis-sions, merchandise sold orservices performed, or facilitiesfurnished in any activity that isrelated to the organization'stax-exempt purpose

3 Gross receipts from activitiesthat are not an unrelated tradeor business under section 513

4 Tax revenues levied for theorganization's benefit andeither paid to or expended onits behalf

5 The value of services orfacilities furnished by agovernmental unit to theorganization without charge

6 Total . Add lines 1 through 57a Amounts included on lines 1,

2, and 3 received fromdisqualified persons

b Amounts included on lines 2and 3 received from other thandisqualified persons thatexceed the greater of $5,000 or1 % of the amount on line 13for the year

c Add lines 7a and 7b

8 Public support (Subtract line7c from line 6

Section B. Total SupportCalendar year (or fiscal yr beginning in)"

9 Amounts from line 610a Gross income from interest,

dividends, payments receivedon securities loans, rents,royalties and income fromsimilar sources

b Unrelated business taxableincome (less section 511taxes) from businessesacquired after June 30, 1975

c Add lines 10a and 10b11 Net income from unrelated business

activities not included in line 10b,whether or not the business isregularly carried on

12 Other income Do not includegain or loss from the sale ofcapital assets (Explain inPart IV )

13

14

(a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 Total

Total support. (Add Ins 9, IOc, I1, and 12)

First five years . If the Form 990 is for the organization's firstorganization, check this box and stop here

ion C. Computation of Public SuDDort Percentac

second , third, fourth, or fifth tax year as a section 501(c)(3)

15 Public support percentage for 2011 (line 8, column (f) divided by line 13, column (f)} 15 1 Y6

16 Public suDDort oercentacie from 2010 Schedule A. Part III. line 15 16 %

Section D. Computation of Investment Income Percentacie17 Investment income percentage for 2011 (line 10c, column (f) divided by line 13, column (f)) 17 %

18 Investment income percentage from 2010 Schedule A, Part III, line 17 18 %

19a 33-1/3% support tests - 2011 . If the organization did not check the box on line 14, and line 15 is more than 33-1/3%, and line 17 qis not more than 33-1/3%, check this box and stop here . The organization qualifies as a publicly supported organization ►

b 33-1 /3% support tests - 2010 . If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33-1/3%, andline 18 is not more than 33-1/3%, check this box and stop here . The organization qualifies as a publicly supported organization ►

20 Private foundation . If the oroanization did not check a box on line 14, 19a. or 19b. check this box and see instructions ►

BAA TEEA0403L 05125/11 Schedule A (Form 990 or 990-EZ) 2011

„

SCHEDULE D(F'orm 990) Supplemental Financial Statements

Complete if the organization answered 'Yes,' to Form 990,Part IV, lines 6,7,8,9,10,11a,11b,11c,11d,11e,11f,12a,or 12b.

Attach to Form 990. ' See separate instructions.

OMB No 1545-0047


Name of the organization

1 2011Open to PublicInspection


PartI Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete ifthe organization answered 'Yes' to Form 990, Part IV, line 6.

(a) Donor advised funds (b) Funds and other accounts

1 Total number at end of year

2 Aggregate contributions to (during year)

3 Aggregate grants from (during year)

4 Aggregate value at end of year

5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advisedfunds are the organization ' s property , subject to the organization ' s exclusive legal control 's E]Yes No

6 Did the organization inform all grantees , donors, and donor advisors in writing that grant funds can beused only for charitable purposes and not for the benefit of the donor or donor advisor, or for any otherpurpose conferring impermissible private benefit' Yes LI No

Part II Conservation Easements . Complete if the organization answered 'Yes' to Form 990, Part IV, line 7.1 Purpose(s) of conservation easements held by the organization (check all that apply)

Preservation of land for public use (e g , recreation or education)

HPreservation

Preservation of an historically important land area

Protection of natural habitat of a certified historic structure

Preservation of open space

2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on thelast day of the tax year

Held at the End of the Tax Year

a Total number of conservation easements 2a

b Total acreage restricted by conservation easements 2 b

c Number of conservation easements on a certified historic structure included in (a) 2c

d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historicstructure listed in the National Register 2d

3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during thetax year

4 Number of states where property subject to conservation easement is located

5 Does the organization have a written policy regarding the periodic monitoring , inspection , handling of violations,and enforcement of the conservation easements it holds? Yes F] No

6 Staff and volunteer hours devoted to monitoring , inspecting , and enforcing conservation easements during the year

7 Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year.$

8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)7 E] Yes LI No

9 In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, andinclude, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting forconservation easements

Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.Complete if the organization answered 'Yes' to Form 990, Part IV, line 8.

1 a If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works ofart, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide,in Part XIV, the text of the footnote to its financial statements that describes these items

b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art,historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide thefollowing amounts relating to these items

(i) Revenues included in Form 990, Part VIII, line 1 0-$

(ii) Assets included in Form 990, Part X 0-$

2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the followingamounts required to be reported under SFAS 116 (ASC 958) relating to these items

a Revenues included in Form 990, Part VIII, line 1 0-$

bAssets included in Form 990, Part X

BAA For Paperwork Reduction Act Notice , see the Instructions for Form 990 . TEEA3301L 05/25/11 Schedule D (Form 990) 2011

.)

Schedulel) (Form 990) 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Page 2

Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collectionitems (check all that apply)

a Public exhibition d H Loan or exchange programs

b Scholarly research e Other

c Preservation for future generations

4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose inPart XIV

5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similarassets to be sold to raise funds rather than to be maintained as part of the organization's collections Yes No

Part IV Escrow and Custodial Arrangements . Complete if the organization answered 'Yes' to Form 990, Part IV,line 9, or reported an amount on Form 990, Part X, line 21.

1 a Is the organization an agent, trustee , custodian, or other intermediary for contributions or other assets notincluded on Form 990, Part X' Yes No

b If 'Yes,' explain the arrangement in Part XIV and complete the following table

c Beginning balance

d Additions during the year

e Distributions during the year

f Ending balance

2a Did the organization include an amount on Form 990, Part X, line 21'

b If 'Yes,' explain the arran gement in Part XIV

Part V Endowment Funds . Comp lete if the or anlzatlon answered 'Yes' to Form 990, Part IV , Ilne 10.

1 a Beginning of year balance

b Contributions

c Net investment earnings, gains,and losses

d Grants or scholarships

e Other expenditures for facilitiesand programs

f Administrative expenses

g End of year balance

( a ) Current year ( b ) Prior year c Two years back (d ) Three years back (e ) Four years back

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as

a Board designated or quasi-endowment ' %

b Permanent endowment ► %

c Temporarily restricted endowment ► %

The percentages in lines 2a, 2b, and 2c should equal 100%

3a Are there endowment funds not in the possession of the organization that are held and administered for theorganization by Yes No

(i) unrelated organizations 3a i

(ii) related organizations 3a ii

b If 'Yes' to 3a(ii), are the related organizations listed as required on Schedule R? 3b

4 Describe in Part XIV the intended uses of the organization's endowment funds

Part VI Land, Buildings , and Equipment . See Form 990, Part X, line 10.Description of property (a) Cost or other basis

(investment )(b) Cost or other

basis (other)(c) Accumulateddep reciation

(d) Book value

1 a Land 28, 873, 193. 28,873,193.b Buildings 209, 878, 657. 22, 607, 820. 187, 270, 837 .c Leasehold improvements

d Equipment

e Other 15, 138, 340. 6, 005, 924. 9, 132, 416.Total . Add lines 1 a through 1 e (Column (d) must eual Form 990, Part X, column (B), line 10(c ► 225, 276, 446.BAA Schedule D (Form 990) 2011

TEEA3302L 01/16/12

•s

Schedules (Form 990) 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Page 3

Part VII Investments - Other Securities . See Form 990 , Part X, line 12. N/A

(a) Description of security or category (b) Book value (c) Method of valuation(including name of security) Cost or end-of-year market value

(1) Financial derivatives

(2) Closely-held equity interests

(3) Other----------------------

(A)-------------------------

--------------------------

--------------------------(E)--------------------------

(Fj--------------------------(G)--------------------------

(H)--------------------------

(I ) __________________________

Total. (Column (b) must equal Form 990 Part X, column (B) line 12) 1

Part VIlI Investments - Prnnram Related _ Sep Fnrm c39D Part X Imp 13 N/A

(a) Description of investment type (b) Book value (c) Method of valuationCost or end-of-year market value

1

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)( 10)

Total (Column (b ) must a ual Form 990, Part X, column (B) line 13. E

Part IX Other Assets . See Form 990. Part X. l ine 15. N/A

2 FIN 48 (ASC 740) Footnote . In Part XIV, provide the text of the footnote to the organization ' s financial statements that reports theorganization ' s liability for uncertain tax positions under FIN 48 (ASC 740)

BAA TEEA3303L 01/23/12 Schedule D (Form 990) 2011

Schedule D (Form 990) 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Pa g e 4Part XI Reconciliation of Change in Net Assets from Form 990 to Audited Financial Statements

1 Total revenue (Form 990, Part VIII, column (A), line 12) 175, 530, 529.

2 Total expenses (Form 990, Part IX, column (A), line 25) 169, 891, 459.

3 Excess or (deficit) for the year Subtract line 2 from line 1 5,639,070.

4 Net unrealized gains (losses) on investments

5 Donated services and use of facilities

6 Investment expenses

7 Prior period adjustments

8 Other (Describe in Part XIV )

9 Total adjustments (net) Add lines 4 through 8

10 Excess or (deficit) for the year per audited financial statements Combine lines 3 and 9 5,639,070.

Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return1 Total revenue, gains, and other support per audited financial statements 1 175, 530, 529.2 Amounts included on line 1 but not on Form 990, Part VIII, line 12

a Net unrealized gains on investments 2a

b Donated services and use of facilities 2b

c Recoveries of prior year grants 2c

d Other (Describe in Part XIV) 2d

e Add lines 2a through 2d 2e

3 Subtract line 2e from line 1 3 175, 530, 529.

4 Amounts included on Form 990, Part VIII, line 12, but not on line 1

a Investment expenses not included on Form 990, Part VIII, line 7b 4a

b Other (Describe in Part XIV) 4b

c Add lines 4a and 4b 4c

5 Total revenue Add lines 3 and 4c. (This must equal Form 990, Part line 12) 5 175, 530, 529.

Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return1 Total expenses and losses per audited financial statements 1 169, 891, 459.

2 Amounts included on line 1 but not on Form 990, Part IX, line 25

a Donated services and use of facilities

b Prior year adjustments

c Other losses

d Other (Describe in Part XIV)

2a

2b

2c

2de Add lines 2a through 2d 2e

3 Subtract line 2e from line 1 3 169 891, 459.

4 Amounts included on Form 990, Part IX, line 25, but not on line 1:

a Investment expenses not included on Form 990, Part VIII, line 7b

b Other (Describe in Part XIV)

c Add lines 4a and 4b

4a

4b

c

5 Total ex p enses Add lines 3 and 4c. his must equal Form 990, Part line 18) 5 169, 891, 459 .

Part XIV SuDDlemental InformationComplete this part to provide the descriptions required for Part II, lines 3, 5, and 9, Part III, lines 1a and 4, Part IV, lines 1b and 2b,Part V, line 4, Part X, line 2, Part XI, line 8, Part XII, lines 2d and 4b, and Part XIII, lines 2d and 4b Also complete this part to provideany additional information

BAA TEEA3304L 05125/11 Schedule D (Form 990) 2011

. • • 1)

OMB No 1545-0047

SCHEDULE E(Form 990 or 990-EZ)

Schools201111 C l t if th i ti d 'Y ' t F 990 P t IV li 13omp e e e organ za on answere orm , ar , ne ,es o


or Form 990- EZ, Part VI , line 48 .Attach to Form 990 or Form 990-EZ.

Open to PublicInspection


HARMONY PUBLIC SCHOOLS 76-0615245Part l

YES NO

1 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, othergoverning instrument, or in a resolution of its governing body? 1 X

2 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures,catalo nd th r tt t th th bl l thd t d t dgues, a wri en communicao e ions wi ic ing wi en missions, programs,e pu ea s u a ---and scholarships? 2 X

3 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during theperiod of solicitation for students, or during the registration period if it had no solicitation program, in a way that makesthe policy known to all parts of the general community it serves? If 'Yes,' please describe If 'No', please explain If you - -- - -Ineed more space, use Part II 3 X

THE ORGANIZATION INVITES STUDENTS OF ALL BACKGROUNDS TO APPLY-VIA- ITSWEBSITE_ YEAR-ROUND-AND-INCLUDES A NONDISCRIMINATORY DISCLOSURE-STATEMENT

ON-APPLICATION-MATERIALS MADE-AVAILABLE TO-THE-PUBLIC - - - - - - - - - - - - - - - - ---------------------------------------------------------------------------------------------

---------------------------------------------------------4 Does the organization maintain the following?

a Records indicating the racial composition of the student body, faculty, and administrative staff? 4a X

b Records documenting that scholarships and other financial assistance are awarded on a raciallynondiscriminatory basis? 4b X

c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing withstudent admissions, programs, and scholarships? 4c X

d Copies of all material used by the organization or on its behalf to solicit contributions? 4d X

If you answered 'No' to any of the above, please explain If you need more space, use Part II

---------------------------------------------------------

---------------------------------------------------------

---------------------------------------------------------5 Does the organization discriminate by race in any way with respect to _

a Students' rights or privileges? 5a X

b Admissions policies?

c Employment of faculty or administrative staff? L_5

d Scholarships or other financial assistance? 5d

e Educational policies? 5e

f Use of facilities? I 5f

g Athletic programs? -

h Other extracurricular activities? 5h

If you answered 'Yes' to any of the above, please explain If you need more space, use Part II

------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------

---------------------------------------------------------6a Does the organization receive any financial aid or assistance from a governmental agency? 6a

b Has the organization's right to such aid ever been revoked or suspended? 6b

If you answered 'Yes' to either line 6a or line 6b, explain on Part II7 Does the organization certify that it has complied with the applicable requirements of sections

4 01 through 4.05 of Rev Proc 75-50, 1975-2 C B. 587, covering racial nondiscrimination? If

X

X

X

X

X

X

X

XX

'No,' ex p lain on Part II 7 X

BAA For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990-EZ. Schedule E (Form 990 or 990-EZ) 2011

TEEA3401L 08/11/11

SCHEDULE 1 Grants and Other Assistance to Organizations,(Form 990)Governments, and Individuals in the United States


Complete if the organization answered 'Yes' to Form 990, Part IV, lines 21 or 22.► Attatch to Form 990.

OMB No 1545.0047

2011

Open to PublicInspection


HARMONY PUBLIC SCHOOLS 76-0615245Part I I General Information on Grants and Assistance

1 Does the organization maintain records to substantiate the amount of the grants or assistance , the grantees ' eligibility for the grants or assistance, andthe selection criteria used to award the grants or assistance 's Yes 1-1 No

2 Describe in Part IV the organization ' s procedures for monitoring the use of grant funds in the United States

Part II Grants and Other Assistance to Governments and Organizations in the United States . Complete if the organization answered 'Yes' toForm 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000.Part II can be duplicated if additional space is needed ► n

1 (a) Name and address of organizat i onor government

(b) EIN (c) IRC sectioni f applicable

(d) Amount of cash grant (e) Amount of non -cashassistance

(f)Method

ofval ua ti o n

(book,oth er

, appra is a l, (g) Description ofnon-cash assistance

(h) Purpose of grantor assistance

-01------------------

--------------------

2

--------------------

3

--------------------

4

--------------------

5------------------

--------------------

6

--------------------

n------------------

--------------------

8

--------------------

2 Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ► 0

3 Enter total number of other organizations listed in the line 1 table ► 0

BAA For Paperwork Reduction Act Notice , see the Instructions for Form 990 . TEEA3901L 06/01111 Schedule I (Form 990) (2011)

Schedule I (Form 990) (2011 ) HARMONY PUBLIC SCHOOLS 76-0615245 Page 2ParAt III Grants and Other Assistance to Individuals in the United States . Complete if the organization answered 'Yes' to Form 990, Part IV, line 22.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance (b) Number ofrecipients

(c) Amount ofcash grant

(d) Amount ofnon-cash assistance

(e) Method of valuation (book,FMV, appraisal, other)

(1) Description of non-cash assistance

1 SCHOLARSHIPS 30 103 100. FMV

2

3

4

5

6

7

IIP'410,11I Supplemental Information . Complete this part to provide the information required in Part I, line 2, and any other additional information.

BAA Schedule I (Form 990) (2011)

TEEA3902L 01/25/12

SCHEDULE K(Form 990) Supplemental Information on Tax Exempt Bonds

Complete if the organization answered 'Yes' to Form 990, Part IV , line 24a. Provide descriptions,

Department of the Treasury explanations, and any additional information in Part VI.Internal Revenue Service ► Attach to Form 990. ► See separate instructions.

OMB No 1545-0007

11 y


HARMONY PUBLIC SCHOOLS 76-0615245Bond Issues

(a) Issuer Name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g)Defeased

(h) Onbehalf ofissuer

(i) Pooledfinancing

Yes No Yes No Yes NoA TEXAS PUBLIC FINANCE AUTHO 56-2491403 88276PAY2 6/01/2007 28,860,000. TO ACQUIRE EDUCATIONAL FACILIT X XB LA VERNIA HIGHER EDUCATION 06-1802520 505237AR8 5/21/2008 30,075,000. TO ACQUIRE AND EQUIP EDUCATION X XC TEXAS PUBLIC FINANCE AUTHO 56-2491403 88276PCK0 5/06/2010 50,090,000. CAPITAL EXPENDITURES RELATED T X X XD CITY OF HOUSTON HIGHER ED 76-0380714 442378EF8 5/26/2011 58,748,337. TO ACQUIRE FACILITIES X X X

1 r'ar[.ui , ` 1 rrviceeus

A B C D1 Amount of bonds retired

2 Amount of bonds le g all y defeased

3 Total proceeds of issue 50 090 000. 58,748 , 337.4 Gross proceeds in reserve funds 5, 009, 000. 5,039 , 469.5 Ca pitalized interest from p roceeds

6 Proceeds in refundin g escrows

7 Issuance costs from proceeds 740, 750. 1 069, 785.8 Credit enhancement from p roceeds

9 Working ca p ital expenditures from proceeds

10 Cap ital ex penditures from proceeds 44, 340, 250. 52, 634 083.11 Other spent proceeds 5,000.12 Other unspent proceeds

13 Year of substantial comp letion

Yes No Yes No Yes No Yes No

14 Were the bonds issued as art of a current refunding issue?

15 Were the bonds issued as part of an advance refunding issue?

16 Has the final allocation of proceeds been made?

17 Does the organization maintain adequate books and records to support the final allocationof proceeds?

I.Partslll' *I Private business use

A B C D


1 Was the organization a partner in a partnership, or a member of an LLC, which ownedproperty financed by tax-exem pt bonds?

2 Are there any lease arrangements that may result in private business use ofbond-financed property?

BAA For Paperwork Reduction Act Notice , see the Instructions for Form 990. Schedule K (Form 990) 2011

TEEA4401L 01/23/12

Schedule K (Form 990) 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Page 2Part IIMI Private Business Use (Continued)

A B C DYes No Yes No Yes No Yes No

3a Are there any management or service contracts that may result in private business use ofbond-financed p roperty?

b If 'Yes' to line 3a, does the organization routinely engage bond counsel or other outsidecounsel to review an management or service contracts relatin g to the financed prop erty?

c Are there any research agreements that may result in private business use ofbond-financed property?

d If 'Yes' to line 3c, does the organization routinely engage bond counsel or other outside counselto review any research a g reements relatin g to the financed pro p erty?

4 Enter the percentage of financed property used in a private business use by entities otherthan a section 501 (c)(3) org anization or a state or local government % % % %

5 Enter the percentage of financed property used in a private business use as a result ofunrelated trade or business activity carried on by your organization, another section 501 (c)(3)organization, or a state or local government ► %% %0 % 0

6 Total of lines 4 and 5 % %0 %0 %0

7 Has the organization adopted management practices and procedures to ensure thepost-issuance com p liance of its tax-exem pt bond liabilities?

ILP,art;,IV I ArbitrageA B C D

Yes No Yes No Yes No Yes No1 Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage

Rebate, been filed with respect to the bond issue?

2 Is the bond issue a variable rate issue?

3a Has the organization or the governmental issuer entered into a qualified hedge with respectto the bond issue?

b Name of provider

c Term of hedge

d Was the hedge su ennte rated?

e Was the hedge terminated?

4a Were gross proceeds invested in a guaranteed investment contract GIC

b Name of p rovider

c Term of GIC

d Was the re g ulatory safe harbor for establishing the fair market value of the GIC satisfied?

5 Were any g ross proceeds invested beyond an available tem porary period?

6 Did the bond issue q ualify for an exception to rebate?I°ParL VAI Procedures To Undertake Corrective ActionHas the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program

if self-remediation is not available under a pplicable reg ulations? X Yes No

Part'VI'"' Supplemental Information . Complete this part to provide additional information for responses to questions on Schedule K (see instructions).

BAA TEEA4401L 01/23/12 Schedule K (Form 990) 2011

SCHEDULE K(Form 990) Supplemental Information on Tax Exempt Bonds

► Complete if the organization answered 'Yes' to Form 990, Part IV , line 24a . Provide descriptions,

Department of the Treasury explanations, and any additional information in Part VI.Internal Revenue Service ► Attach to Form 990. ► See separate instructions.

Name of the organization

HARMONY PUBLIC SCHOOLSPart I Bond Issues

(a) Issuer Name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g)Defeased

(h) Onbehalf ofissuer

(i) Pooledfinancing

Yes No Yes No Yes NoA CITY OF HOUSTON HIGHER ED 76-0380714 44237BESO 5/09/2012 31,689,656. BUILDING AND EQUIPMENT X X XBCD

ran n I rroceeus

A B C D1 Amount of bonds retired

2 Amount of bonds le g all y defeased

3 Total proceeds of issue 31 , 689 , 656.4 Gross proceeds in reserve funds 2 035, 125.5 Capitalized interest from proceeds

6 Proceeds in refundin g escrows

7 Issuance costs from proceeds 633, 793.

8 Credit enhancement from proceeds

9 Workin g ca p ital ex penditures from proceeds

10 Capital expenditures from proceeds 29,020 , 738.11 Otherspent proceeds

12 Other unspent proceeds

13 Year of substantial completion


14 Were the bonds issued as part of a current refunding issue? X

15 Were the bonds issued as part of an advance refunding issue? X

16 Has the final allocation of proceeds been made? X

17 Does the organization maintain adequate books and records to support the final allocationof roceeds X

Part III I Private Business Use

A B C D


1 Was the organization a partner in a partnership, or a member of an LLC, which ownedproper ty financed by tax-exem pt bonds?

2 Are there any lease arrangements that may result in private business use ofbond-financed property?

BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990.

OMB No 1545-0047

2011Open to Public

Inspection

Employer identification number

76-0615245

Schedule K (Form 990) 2011

TEEA4401L 01/23/12

Schedule K (Form 990) 2011 HARMONY PUBLIC SCHOOLS 76-0615245 Page 2P6'rt iii < Private Business Use (Continued)

A B C DYes No Yes No Yes No Yes No

3a Are there any management or service contracts that may result in private business use ofbond-financed property?

b If 'Yes' to line 3a, does the organization routinely engage bond counsel or other outsidecounsel to review any management or service contracts relatin g to the financed property?

c Are there any research agreements that may result in private business use ofbond-financed property?

d If 'Yes' to line 3c, does the organization routinely engage bond counsel or other outside counselto review any research ag reements relatin g to the financed property?

4 Enter the percentage of financed property used in a private business use by entities otherthan a section 501 (c)(3) organization or a state or local government %0 %0 %0 %0

5 Enter the percentage of financed property used in a private business use as a result ofunrelated trade or business activity carried on by your organization, another section 501 (c)(3)organization, or a state or local government % o % -

6 Total of lines 4 and 5 %0 0 %o %a

7 Has the organization adopted management practices and procedures to ensure thepost-issuance com p liance of its tax-exem pt bond liabilities?

Part IVY-1 ArbitrageA B C D


1 Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of ArbitrageRebate, been filed with respect to the bond issue?

2 Is the bond issue a variable rate issue?

3a Has the organization or the governmental issuer entered into a qualified hedge with respectto the bong issue?

b Name of provider

c Term of hedge

d Was the hedge su erinte rated?

e Was the hedge terminated?

4a Were g ross proceeds invested in a guaranteed investment contract GIC

b Name of provider

c Term of GIC

d Was the regulator y safe harbor for establishing the fair market value of the GIC satisfied?

5 Were any g ross p roceeds invested beyond an available tem porary period?

6 Did the bond issue q uali fy for an exce ption to rebate?Pa'rCTV ;,7j Procedures To Undertake Corrective ActionHas the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program

if self-remediation is not available under a pplicable regulations I X Yes No

Pah-Vl" Supplemental Information . Complete this part to provide additional information for responses to questions on Schedule K (see instructions).

It

BAA TEEA4401L 01/23/12 Schedule K (Form 990) 2011

J. . -•

SCHEDULE 0(Form 990 or 990-EZ)


Supplemental Information to Form 990 or 990-EZOMB No 1545- 0047

2011Complete to provide information for responses to specific questions on -.

Form 990 or 990-EZ or to provide any additional information . Open to PublicAttach to Form 990 or 990-EZ . 'r Irispection



__ FORM 990 , PART VI. LINE 11 B --FORM 990 REVIEW PROCESS

_ _ FORM 990 IS REVIEWED BY MANAGEMENT-AND-APPROVED BY-THE-BOARD BEFORE IT-IS FILED.

FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS_

---THE BOARD OF DIRECTORS AND MANAGEMENT MUST DISCLOSE ANY POTENTIAL CONFLICTS OF _ _ _ _ -_---------------------------------------------------

_ _ -INTEREST PRIOR TO BOARD ACTION. RELATIONSHIPS WITH THIRD PARTIES ARE REVIEWED-------------------------------------------------------------

_ ANNUALLY.-------------------------------------------------------------

FORM 990, PART VI , LINE 15A - COMPENSATION REVIEW & APPROVAL PROCESS FOR CEO , EXEC. DIR., OR TOP MGT--------------------------------------------------------------------

ANNUAL SALARY REVIEW IS PERFORMED BY THE BOARD AND SALARY IS ADJUSTED AGAINST------------------------------------------------------------------

ESTABLISHED SALARY SCALE.--------------------------------------------------------------------

FORM 990 , PART VI, LINE 15B - COMPENSATION REVIEW & APPROVAL PROCESS FOR OFFICERS & KEY EMPLOYEES--------------------------------------------------------------------

ANNUAL SALARY REVIEW IS PERFORMED BY THE BOARD AND SALARIES ARE ADJUSTED IN------------------------------------------------------------------

ACCORDANCE WITH ESTABLISHED SALARY SCALE.--------------------------------------------------------------------

FORM 990 , PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE--------------------------------------------------------------------

WRITTEN REQUESTS FOR INFORMATION MAY BE SUBMITTED TO THE PRINCIPAL ADDRESS NOTED ON------------------------------------------------------------------

FORM 990.--------------------------------------------------------------------

BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990 -EZ. TEEA4901L 07/14111 Schedule 0 (Form 990 or 990-EZ) 2011

Documents

Form Return ofOrganization ExemptFromIncomeTax 2011990s.foundationcenter.org/990_pdf_archive/760/760615245/760615… · -----TEXAS-2 Did the organization undertake any significant