Civic Intelligence

La Cima Charter School

990 • Fiscal year 2015 • EIN 06-1838966

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 12, 2015

800 Gates Avenue 3rd FloorBrooklyn, NY 11221

(718) 443-2136

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.20x

Higher debt load relative to assets than 43% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

32nd percentile

0.10x

Higher debt load relative to revenue than 32% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Net Margin

67th percentile

9.4%

Higher net margin than 67% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

53rd percentile

$141,848

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Asset Growth

81st percentile

30%

Faster asset growth than 81% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

14%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$3,279,523

Up $747,955 (+30%) from 2014

Net Assets

Up

$2,618,288

Up $644,354 (+33%) from 2014

Liabilities

Up

$661,235

Up $103,601 (+19%) from 2014

Revenue

Up

$6,765,983

Up $823,520 (+14%) from 2014

Expenses

Up

$6,126,710

Up $227,571 (+3.9%) from 2014

Net Income

Up

$639,273

Up $595,949 (+1376%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,425,801Liabilities 2010: $204,317Net Assets 2010: $1,221,4842010Assets 2011: $2,092,194Liabilities 2011: $297,991Net Assets 2011: $1,794,2032011Assets 2012: $2,287,982Liabilities 2012: $385,312Net Assets 2012: $1,902,6702012Assets 2013: $2,392,199Liabilities 2013: $468,465Net Assets 2013: $1,923,7342013Assets 2014: $2,531,568Liabilities 2014: $557,634Net Assets 2014: $1,973,9342014Assets 2015: $3,279,523Liabilities 2015: $661,235Net Assets 2015: $2,618,2882015Assets 2016: $3,337,040Liabilities 2016: $629,064Net Assets 2016: $2,707,9762016Assets 2017: $2,615,419Liabilities 2017: $620,545Net Assets 2017: $1,994,8742017Assets 2018: $2,488,972Liabilities 2018: $623,208Net Assets 2018: $1,865,7642018Assets 2019: $2,295,140Liabilities 2019: $676,098Net Assets 2019: $1,619,0422019Assets 2020: $2,200,564Liabilities 2020: $520,152Net Assets 2020: $1,680,4122020Assets 2021: $2,988,440Liabilities 2021: $1,454,072Net Assets 2021: $1,534,3682021Assets 2022: $2,545,738Liabilities 2022: $557,437Net Assets 2022: $1,988,3012022Assets 2023: $2,815,709Liabilities 2023: $355,994Net Assets 2023: $2,459,7152023Assets 2024: $2,874,882Liabilities 2024: $343,419Net Assets 2024: $2,531,4632024

Highlighted filing

2015

Assets$3,279,523
Liabilities$661,235
Net Assets$2,618,288

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,493,4062010Revenue 2011: $3,841,096Expenses 2011: $3,285,448Net Income 2011: $555,6482011Expenses 2012: $4,586,9622012Revenue 2013: $5,404,501Expenses 2013: $5,378,452Net Income 2013: $26,0492013Revenue 2014: $5,942,463Expenses 2014: $5,899,139Net Income 2014: $43,3242014Revenue 2015: $6,765,983Expenses 2015: $6,126,710Net Income 2015: $639,2732015Revenue 2016: $6,701,773Expenses 2016: $6,619,578Net Income 2016: $82,1952016Revenue 2017: $6,008,320Expenses 2017: $6,726,460Net Income 2017: -$718,1402017Revenue 2018: $6,915,694Expenses 2018: $7,050,539Net Income 2018: -$134,8452018Revenue 2019: $6,469,139Expenses 2019: $6,756,149Net Income 2019: -$287,0102019Revenue 2020: $6,016,167Expenses 2020: $5,992,529Net Income 2020: $23,6382020Revenue 2021: $5,010,600Expenses 2021: $5,170,081Net Income 2021: -$159,4812021Revenue 2022: $5,545,587Expenses 2022: $5,017,020Net Income 2022: $528,5672022Revenue 2023: $4,817,341Expenses 2023: $4,435,474Net Income 2023: $381,8672023Revenue 2024: $4,293,473Expenses 2024: $4,376,945Net Income 2024: -$83,4722024

Highlighted filing

2015

Revenue$6,765,983
Expenses$6,126,710
Net Income$639,273
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$6,765,983
Mission and Program Overview

Mission

To prepare students for academic and life-long success through a rigorous and relevant academic program. Our vision is to develop students who have the intellectual capacity, social capital, and emotional strength of character to be personally successful, and to act as effective change- makers in their communities. The educational programs implemented by the school enables all students to meet or exceed state standards.

Prepare students for academic and life-long success through a rigorous academic program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,063,296$1,068,377▲ $5,081
Cash and Non-Interest-Bearing Accounts$408,362$947,371▲ $539,009
Land, Buildings, and Equipment, Net$464,626$606,832▲ $142,206
Savings and Temporary Cash Investments$258,800$259,149▲ $349
Pledges and Grants Receivable$101,746$247,910▲ $146,164
Prepaid Expenses and Deferred Charges$159,733$74,879▼ $84,854
Total Assets$2,531,568$3,279,523▲ $747,955
Other Assets Total$75,005$75,005→ $0
Liabilities
Accounts Payable and Accrued Expenses$557,634$648,823▲ $91,189
Deferred Revenue$0$12,412▲ $12,412
Total Liabilities$557,634$661,235▲ $103,601
Net Assets / Fund Balance
Unrestricted Net Assets$1,973,934$2,618,288▲ $644,354
Total Net Assets Fund Balance$1,973,934$2,618,288▲ $644,354
Total Liabilities and Net Assets / Fund Balance$2,531,568$3,279,523▲ $747,955

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$220,762$285,128$505,890
Leasehold Improvements$272,065$98,431$370,496
Other Land Buildings$114,005$223,536$337,541
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tara PhillipsExecutive DirectorFT$125,915$15,933$141,848
Christiana CavalierePrincipalFT$118,974$10,922$129,896
Adel HagebDirector of Finance and OperatingsFT$102,872$14,750$117,622

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$300,337
Program Service Revenue
$6,463,318
Investment Income
$349
Other Revenue
$1,979
Change in Net Assets
$639,273

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,765,983
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,081
Total Revenue per Audited Statements
$6,771,064
Total Revenue per Form 990
$6,765,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,015,073
Other Expenses$1,111,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,955,062$674,315-$3,629,377
Other Employee Benefits$409,457$93,434-$502,891
Current Officers, Directors, Trustees, and Key Employees$337,578$77,032-$414,610
Payroll Taxes$287,115$65,516-$352,631
Office Expenses$216,956$5,761-$222,717
Fees for Services Other$184,485$30,101-$214,586
Depreciation Depletion$137,109$31,287-$168,396
Information Technology$138,005$18,819-$156,824
Pension Plan Contributions$94,093$21,471-$115,564
Fees for Services Legal-$44,760-$44,760
Advertising$24,160$3,226-$27,386
Insurance$17,931$4,092-$22,023
Fees for Services Accounting-$20,264-$20,264
Other Expenses$11,450$1,561-$13,011
All Other Expenses-$10,551-$10,551
Occupancy$1,425$249-$1,674
Total Functional Expenses$5,012,992$1,113,718$0$6,126,710

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,126,710
Total Expenses per Audited Statements$6,126,710
Total Expenses per Form 990$6,126,710
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mike GuinanTrusteeMike Guinan, Trustee, Is the Executive Director for the Achievement Network. the School Contracted With This Organization for Curriculum and Assessment Services.No$60,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by management and the finance committee of the board of trustees for aproval. If changes are required, the school will then forward to the auditing firm and a final version will be distributed to all board members prior to the irs submission.

Form 990, Part VI, Section B, Line 12C

The school monitors the conflict of interest policy by an annual disclosure for each board member.

Form 990, Part VI, Section B, Line 15

The executive committee and the board reviewed, discussed, and approved the compensation for the executive director and relied on comparability data from the department of education.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and the financial statements are all available upon request.

Filing and Contact Details

Filer

Filer Name
La Cima Charter School
EIN
06-1838966
Phone
7184432136
Address
800 GATES AVENUE 3RD FLOOR, BROOKLYN, NY 11221

Signing Officer

Name
Tara Phillips
Title
Executive Director
Phone
7184432136
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tara Phillips
Formed
2008
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
85
Volunteers
10

Preparer

Firm
Fruchter Rosen & Co Pc
Address
156 WEST 56TH STREET STE 1804, NEW YORK, NY 10019
Preparer
Gus Saliba
Phone
2129573600
Supplemental Narrative

Additional Explanations

PART XII, FINANCIAL STATEMENT AND REPORTING, LINE 2C:

The school has finance committee that is responsible for oversight of the audit and selection of the independent auditor.

Financial Statement Notes

PART X, LINE 2:

The school's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. The school has no uncertain tax position resulting in an accrual of tax expense or benefit.

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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF LA CIMA CHARTER SCHOOL IS TO PREPARE STUDENTS FOR ACADEMIC AND LIFE-LONG SUCCESS THROUGH A RIGOROUS AND RELEVANT ACADEMIC PROGRAM. OUR VISION IS TO DEVELOP STUDENTS WHO HAVE THE INTELLECTUAL CAPACITY, SOCIAL CAPITAL, AND EMOTIONAL STRENGTH OF CHARACTER TO BE PERSONALLY SUCCESSFUL, AND TO ACT AS EFFECTIVE CHANGE-MAKERS IN THEIR COMMUNITIES. THE EDUCATIONAL PROGRAMS IMPLEMENTED BY THE SCHOOL ENABLES ALL STUDENTS TO MEET OR EXCEED STATE STANDARDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01973934
IRS990/NetAssetsOrFundBalancesEOYAmt02618288
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt05081
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0249
IRS990/OccupancyGrp/ProgramServicesAmt01425
IRS990/OccupancyGrp/TotalAmt01674
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05761
IRS990/OfficeExpensesGrp/ProgramServicesAmt0216956
IRS990/OfficeExpensesGrp/TotalAmt0222717
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt075005
IRS990/OtherAssetsTotalGrp/EOYAmt075005
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt093434
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0409457
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0502891
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2EQUIPMENT/FURNISHINGS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011279
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11561
IRS990/OtherExpensesGrp/ProgramServicesAmt0112358
IRS990/OtherExpensesGrp/ProgramServicesAmt153675
IRS990/OtherExpensesGrp/ProgramServicesAmt232133
IRS990/OtherExpensesGrp/ProgramServicesAmt311450
IRS990/OtherExpensesGrp/TotalAmt0112358
IRS990/OtherExpensesGrp/TotalAmt153675
IRS990/OtherExpensesGrp/TotalAmt243412
IRS990/OtherExpensesGrp/TotalAmt313011
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01979
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01979
IRS990/OtherRevenueTotalAmt01979
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0674315
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02955062
IRS990/OtherSalariesAndWagesGrp/TotalAmt03629377
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt065516
IRS990/PayrollTaxesGrp/ProgramServicesAmt0287115
IRS990/PayrollTaxesGrp/TotalAmt0352631
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021471
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt094093
IRS990/PensionPlanContributionsGrp/TotalAmt0115564
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0101746
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0247910
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0159733
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt074879
IRS990/PrincipalOfficerNm0TARA PHILLIPS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06463318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06463318
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0346455
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0448
IRS990/PYOtherExpensesAmt01060462
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05595560
IRS990/PYRevenuesLessExpensesAmt043324
IRS990/PYSalariesCompEmpBnftPaidAmt04838677
IRS990/PYTotalExpensesAmt05899139
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05942463
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0639273
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06463318
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0258800
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0259149
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220762
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0285128
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0505890
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06126710
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0272065
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt098431
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0370496
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05081
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0114005
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0223536
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0337541
IRS990ScheduleD/RevenueNotReportedAmt05081
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06765983
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITION RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0606832
IRS990ScheduleD/TotalExpensesPerForm990Amt06126710
IRS990ScheduleD/TotalRevenuePerForm990Amt06765983
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06771064
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06126710
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR THE NEW STUDENTS, THE SCHOOL INCLUDES A NON-DISCRIMINATORY POLICY IN THE COMMUNITY NEWSPAPER.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT AWARD SCHOLARSHIPS OR PROVIDE FINANCIAL ASSISTANCE. WE ARE A NON-TUITION, PUBLIC SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES PER PUPIL FUNDING THROUGH THE NYC DEPARTMENT OF EDUCATION AS PER ARTICLE 56 OF THE EDUCATION LAW OF NEW YORK STATE WHICH GOVERNS CHARTER SCHOOL FUNDING. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL ENTITLEMENT FUNDS, AS DO OTHER PUBLIC SCHOOLS, TO SUPPORT VARIOUS PROGRAMS FOR AT-RISK AND OTHER STUDENT POPULATIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MIKE GUINAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TRUSTEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt060000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MIKE GUINAN, TRUSTEE, IS THE EXECUTIVE DIRECTOR FOR THE ACHIEVEMENT NETWORK. THE SCHOOL CONTRACTED WITH THIS ORGANIZATION FOR CURRICULUM AND ASSESSMENT SERVICES.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL MONITORS THE CONFLICT OF INTEREST POLICY BY AN ANNUAL DISCLOSURE FOR EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE AND THE BOARD REVIEWED, DISCUSSED, AND APPROVED THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND RELIED ON COMPARABILITY DATA FROM THE DEPARTMENT OF EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL HAS FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, FINANCIAL STATEMENT AND REPORTING, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.34$2.53$4.29$4.38$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.82$0.36$2.46$4.82$4.44$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$0.56$1.99$5.55$5.02$0.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.99$1.45$1.53$5.01$5.17$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.52$1.68$6.02$5.99$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.68$1.62$6.47$6.76$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.62$1.87$6.92$7.05$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.62$1.99$6.01$6.73$0.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.63$2.71$6.70$6.62$0.08
2015Detailed filing. Detailed filing data is available for this year.$3.28$0.66$2.62$6.77$6.13$0.64
2014Detailed filing. Detailed filing data is available for this year.$2.53$0.56$1.97$5.94$5.90$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.47$1.92$5.40$5.38$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.39$1.90$4.59
2011Summary only. Only limited summary data is available for this year.$2.09$0.30$1.79$3.84$3.29$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.20$1.22$2.49