Civic Intelligence

The Lowell School

990 • Fiscal year 2020 • EIN 11-3120337

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 11, 2021

24-20 Parsons BlvdWhitestone, NY 11357

(718) 352-2100

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.47x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

36th percentile

0.2%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

80th percentile

$306,017

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

74th percentile

20%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-0.9%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$5,918,239

Up $981,802 (+20%) from 2019

Net Assets

Up

$197,529

Up $60,795 (+44%) from 2019

Liabilities

Up

$5,720,710

Up $921,007 (+19%) from 2019

Revenue

Down

$12,300,839

Down $108,438 (-0.9%) from 2019

Expenses

Up

$12,277,567

Up $38,473 (+0.3%) from 2019

Net Income

Down

$23,272

Down $146,911 (-86%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $2,923,636Liabilities 2010: $3,214,113Net Assets 2010: -$290,4772010Assets 2011: $5,476,898Liabilities 2011: $5,375,419Net Assets 2011: $101,4792011Assets 2012: $5,740,907Liabilities 2012: $5,756,171Net Assets 2012: -$15,2642012Assets 2013: $4,754,829Liabilities 2013: $4,514,070Net Assets 2013: $240,7592013Assets 2014: $4,578,656Liabilities 2014: $4,015,187Net Assets 2014: $563,4692014Assets 2015: $4,407,583Liabilities 2015: $4,059,109Net Assets 2015: $348,4742015Assets 2016: $4,000,746Liabilities 2016: $4,567,921Net Assets 2016: -$567,1752016Assets 2017: $4,944,198Liabilities 2017: $5,567,455Net Assets 2017: -$623,2572017Assets 2018: $4,950,288Liabilities 2018: $5,258,752Net Assets 2018: -$308,4642018Assets 2019: $4,936,437Liabilities 2019: $4,799,703Net Assets 2019: $136,7342019Assets 2020: $5,918,239Liabilities 2020: $5,720,710Net Assets 2020: $197,5292020Assets 2021: $5,532,529Liabilities 2021: $5,300,972Net Assets 2021: $231,5572021Assets 2022: $5,036,670Liabilities 2022: $4,780,557Net Assets 2022: $256,1132022Assets 2023: $10,323,660Liabilities 2023: $9,974,829Net Assets 2023: $348,8312023Assets 2024: $7,037,696Liabilities 2024: $6,678,084Net Assets 2024: $359,6122024Assets 2025: $7,098,189Liabilities 2025: $4,979,376Net Assets 2025: $2,118,8132025

Highlighted filing

2020

Assets$5,918,239
Liabilities$5,720,710
Net Assets$197,529

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $8,023,5492010Expenses 2011: $8,067,2712011Expenses 2012: $8,760,1212012Revenue 2013: $9,286,626Expenses 2013: $9,373,206Net Income 2013: -$86,5802013Revenue 2014: $9,375,222Expenses 2014: $9,698,980Net Income 2014: -$323,7582014Revenue 2015: $10,073,575Expenses 2015: $10,050,440Net Income 2015: $23,1352015Revenue 2016: $10,203,553Expenses 2016: $10,136,627Net Income 2016: $66,9262016Revenue 2017: $10,918,468Expenses 2017: $10,910,517Net Income 2017: $7,9512017Revenue 2018: $11,995,647Expenses 2018: $11,846,172Net Income 2018: $149,4752018Revenue 2019: $12,409,277Expenses 2019: $12,239,094Net Income 2019: $170,1832019Revenue 2020: $12,300,839Expenses 2020: $12,277,567Net Income 2020: $23,2722020Revenue 2021: $12,210,357Expenses 2021: $12,176,329Net Income 2021: $34,0282021Revenue 2022: $13,219,618Expenses 2022: $13,195,062Net Income 2022: $24,5562022Revenue 2023: $13,911,175Expenses 2023: $13,818,457Net Income 2023: $92,7182023Revenue 2024: $14,616,636Expenses 2024: $14,605,855Net Income 2024: $10,7812024Revenue 2025: $16,665,900Expenses 2025: $14,906,699Net Income 2025: $1,759,2012025

Highlighted filing

2020

Revenue$12,300,839
Expenses$12,277,567
Net Income$23,272
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 11, 2021
Return Version
2019v5.0
Gross Receipts
$12,311,910
Mission and Program Overview

Mission

TO CREATe AN INCLUSIVE COMMUNITY OF LIFE-LONG LEARNERS IN WHICH EACH INDIVIDUAL IS VALUED AND RESPECTED. OUR CHARGE, THEN, IS TO STRENGTHEN MINDS, ENSURE EQUITY, AND HONOR INDIVIDUALity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,360,502$3,208,092▲ $847,590
Land, Buildings, and Equipment, Net$1,385,778$1,224,296▼ $161,482
Cash and Non-Interest-Bearing Accounts$964,516$1,193,512▲ $228,996
Savings and Temporary Cash Investments$45,014$108,047▲ $63,033
Prepaid Expenses and Deferred Charges$16,383$20,048▲ $3,665
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,936,437$5,918,239▲ $981,802
Other Assets Total$164,244$164,244→ $0
Liabilities
Other Liabilities$4,152,035$5,085,338▲ $933,303
Accounts Payable and Accrued Expenses$622,651$555,110▼ $67,541
Deferred Revenue$25,017$80,262▲ $55,245
Total Liabilities$4,799,703$5,720,710▲ $921,007
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$121,224$181,969▲ $60,745
Net Assets With Donor Restrictions$15,510$15,560▲ $50
Total Net Assets Fund Balance$136,734$197,529▲ $60,795
Total Liabilities and Net Assets / Fund Balance$4,936,437$5,918,239▲ $981,802

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$969,070$1,534,015$2,503,085
Equipment$241,109$900,425$1,141,534
Other Land Buildings$14,117$21,176$35,293
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deanne ProujanskyPresident/CEOFT$284,767$21,250$306,017
Irene Coulianidis-PsilakisPrincipalFT$155,415$26,650$182,065
Shaneza MohamedCFOFT$127,007$19,670$146,677
Elizabeth SimonaPrincipalFT$125,268$3,698$128,966
Ellen KipnisTeacherFT$122,160$3,712$125,872
Catherine VicitalCurriculum/ReadingFT$120,519$3,776$124,295

Board Members and Trustees

NameTitle
Joseph BrunkenChairman
Barry NovickDirector
Lonni FriedSecretary
Leslie PearsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$228,925
Program Service Revenue
$12,062,531
Investment Income
$3,252
Other Revenue
$6,131
Change in Net Assets
$23,272

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,300,839
Total Revenue per Audited Statements
$12,300,839
Total Revenue per Form 990
$12,300,839
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,408,319
Other Expenses$2,869,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,135,441$484,924-$7,620,365
Occupancy$1,511,534--$1,511,534
Other Employee Benefits$707,784$73,844-$781,628
Payroll Taxes$530,604$57,480-$588,084
Current Officers, Directors, Trustees, and Key Employees-$288,050-$288,050
Depreciation Depletion$205,022--$205,022
Interest$121,822$55,583-$177,405
All Other Expenses$134,039$22,100-$156,139
Pension Plan Contributions$118,287$11,905-$130,192
Insurance$86,437$9,013-$95,450
Other Expenses$79,687$82,712-$79,687
Office Expenses$15,361$5,699-$21,060
Advertising$596--$596
Total Functional Expenses$11,186,257$1,091,310$0$12,277,567

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,277,567
Total Expenses per Audited Statements$12,277,567
Total Expenses per Form 990$12,277,567
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,071
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans payable$1,802,288
Paycheck protection program loan$1,716,181
Due to NYC Department of Education$1,566,869
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 35% controlled entity
No
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, Line 11B: Form 990 Review Process

The controller will review the 990 before it is given to the board. The Board of Directors will review, comment, and then approve the Form 990 prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members approve the conflict of interest policy annually.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Salary is compared to Department of Education budget vs. its rate, industry standard with ten similar non-for-profit organizations and outside legal counsel, The process was documented in the minutes.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Lowell School
EIN
11-3120337
Phone
7183522100
Address
24-20 Parsons Blvd, Whitestone, NY 11357

Signing Officer

Name
Shaneza Mohamed
Title
CFO
Signed
2021-02-11
Discuss with paid preparer
Yes

Organization Details

Formed
1968
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
127

Preparer

Firm
Satty Levine & Ciacco CPAs PC
Address
534 Broadhollow Road Suite 300, Melville, NY 11747
Preparer
Frank Lou CPA
Phone
5163389500
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Adjustment to minimum pension liability = $37523

Financial Statement Notes

Part X : FIN48 Footnote

The School is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code and comparable New York State law. Contributions to it are tax deductible within the limitations prescribed by the code.The School's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2020, 2019, 2018 and 2017 are subject to examination by the IRS, generally for three years after they were filed. The School has concluded that there are no material uncertain tax liabilities to be recognized at this time.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03252
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02455616
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01385778
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01224296
IRS990/LandBldgEquipCostOrOtherBssAmt03679912
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO CREATe AN INCLUSIVE COMMUNITY OF LIFE-LONG LEARNERS IN WHICH EACH INDIVIDUAL IS VALUED AND RESPECTED. OUR CHARGE, THEN, IS TO STRENGTHEN MINDS, ENSURE EQUITY, AND HONOR INDIVIDUALity.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0136734
IRS990/NetAssetsOrFundBalancesEOYAmt0197529
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-11071
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-11071
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0121224
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0181969
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01511534
IRS990/OccupancyGrp/TotalAmt01511534
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05699
IRS990/OfficeExpensesGrp/ProgramServicesAmt015361
IRS990/OfficeExpensesGrp/TotalAmt021060
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0164244
IRS990/OtherAssetsTotalGrp/EOYAmt0164244
IRS990/OtherChangesInNetAssetsAmt037523
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt073844
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0707784
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0781628
IRS990/OtherExpensesGrp/Desc0Contracted services
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Professional fees
IRS990/OtherExpensesGrp/Desc3Educational supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt082712
IRS990/OtherExpensesGrp/ProgramServicesAmt0423680
IRS990/OtherExpensesGrp/ProgramServicesAmt1115963
IRS990/OtherExpensesGrp/ProgramServicesAmt279687
IRS990/OtherExpensesGrp/TotalAmt0423680
IRS990/OtherExpensesGrp/TotalAmt1115963
IRS990/OtherExpensesGrp/TotalAmt282712
IRS990/OtherExpensesGrp/TotalAmt379687
IRS990/OtherLiabilitiesGrp/BOYAmt04152035
IRS990/OtherLiabilitiesGrp/EOYAmt05085338
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017202
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017202
IRS990/OtherRevenueTotalAmt017202
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0484924
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07135441
IRS990/OtherSalariesAndWagesGrp/TotalAmt07620365
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt057480
IRS990/PayrollTaxesGrp/ProgramServicesAmt0530604
IRS990/PayrollTaxesGrp/TotalAmt0588084
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011905
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0118287
IRS990/PensionPlanContributionsGrp/TotalAmt0130192
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016383
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020048
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012062531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012062531
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0229702
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04647
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03022004
IRS990/PYOtherRevenueAmt0202112
IRS990/PYProgramServiceRevenueAmt011972816
IRS990/PYRevenuesLessExpensesAmt0170183
IRS990/PYSalariesCompEmpBnftPaidAmt09217090
IRS990/PYTotalExpensesAmt012239094
IRS990/PYTotalRevenueAmt012409277
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt023272
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012291456
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045014
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0108047
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0241109
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0900425
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01141534
IRS990ScheduleD/ExpensesSubtotalAmt012277567
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0969070
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01534015
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02503085
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014117
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021176
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035293
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01566869
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11802288
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21716181
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to NYC Department of Education
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Loans payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Paycheck protection program loan
IRS990ScheduleD/RevenueSubtotalAmt012300839
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code and comparable New York State law. Contributions to it are tax deductible within the limitations prescribed by the code.The School's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2020, 2019, 2018 and 2017 are subject to examination by the IRS, generally for three years after they were filed. The School has concluded that there are no material uncertain tax liabilities to be recognized at this time.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01224296
IRS990ScheduleD/TotalExpensesPerForm990Amt012277567
IRS990ScheduleD/TotalLiabilityAmt05085338
IRS990ScheduleD/TotalRevenuePerForm990Amt012300839
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012300839
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012277567
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Nondiscrimination policy published in Newsday October 23, 1994.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0284767
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1155415

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.10$4.98$2.12$16.7$14.9$1.76
2024Detailed filing. Detailed filing data is available for this year.$7.04$6.68$0.36$14.6$14.6$0.01
2023Detailed filing. Detailed filing data is available for this year.$10.3$9.97$0.35$13.9$13.8$0.09
2022Detailed filing. Detailed filing data is available for this year.$5.04$4.78$0.26$13.2$13.2$0.02
2021Detailed filing. Detailed filing data is available for this year.$5.53$5.30$0.23$12.2$12.2$0.03
2020Detailed filing. Detailed filing data is available for this year.$5.92$5.72$0.20$12.3$12.3$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$4.80$0.14$12.4$12.2$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.95$5.26$0.31$12.0$11.8$0.15
2017Detailed filing. Detailed filing data is available for this year.$4.94$5.57$0.62$10.9$10.9$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.00$4.57$0.57$10.2$10.1$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$4.06$0.35$10.1$10.1$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.58$4.02$0.56$9.38$9.70$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$4.51$0.24$9.29$9.37$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$5.76$0.02$8.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.48$5.38$0.10$8.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$3.21$0.29$8.02