Civic Intelligence

Whitestone Academy Inc

990 • Fiscal year 2017 • EIN 11-3179475

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 16, 2018

Organization ProfileTHEWHITESONE ACADEMY.COM
150-34 12th AvenueWhitestone, NY 11357

(718) 767-0773

Siviq Scores

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

Liabilities / Assets

68th percentile

0.35x

Higher debt load relative to assets than 68% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.37x

Higher debt load relative to revenue than 77% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

79th percentile

19%

Higher net margin than 79% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

75th percentile

20%

Faster asset growth than 75% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-0.6%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$1,458,546

Up $239,453 (+20%) from 2016

Net Assets

Up

$945,045

Up $261,577 (+38%) from 2016

Liabilities

Down

$513,501

Down $22,124 (-4.1%) from 2016

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin79th percentile

Revenue

Down

$1,375,000

Down $8,397 (-0.6%) from 2016

Expenses

Up

$1,113,423

Up $102,937 (+10%) from 2016

Net Income

Down

$261,577

Down $111,334 (-30%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $311,270Liabilities 2010: $169,476Net Assets 2010: $141,7942010Assets 2011: $304,628Liabilities 2011: $161,817Net Assets 2011: $142,8112011Assets 2012: $412,929Liabilities 2012: $263,247Net Assets 2012: $149,6822012Assets 2013: $416,469Liabilities 2013: $255,691Net Assets 2013: $160,7782013Assets 2014: $567,061Liabilities 2014: $402,040Net Assets 2014: $165,0212014Assets 2015: $564,355Liabilities 2015: $253,798Net Assets 2015: $310,5572015Assets 2016: $1,219,093Liabilities 2016: $535,625Net Assets 2016: $683,4682016Assets 2017: $1,458,546Liabilities 2017: $513,501Net Assets 2017: $945,0452017Assets 2018: $1,640,036Liabilities 2018: $503,327Net Assets 2018: $1,136,7092018Assets 2019: $1,579,665Liabilities 2019: $278,000Net Assets 2019: $1,301,6652019Assets 2020: $1,286,001Liabilities 2020: $0Net Assets 2020: $1,286,0012020Assets 2021: $140,352Liabilities 2021: $0Net Assets 2021: $140,3522021Assets 2022: $304,524Liabilities 2022: $0Net Assets 2022: $304,5242022Assets 2023: $379,133Liabilities 2023: $0Net Assets 2023: $379,1332023Assets 2024: $186,494Liabilities 2024: $0Net Assets 2024: $186,4942024Assets 2025: $338,140Liabilities 2025: $0Net Assets 2025: $338,1402025

Highlighted filing

2017

Assets$1,458,546
Liabilities$513,501
Net Assets$945,045
Open 2017 Filing

Operations Trend

Revenue Growth33rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $747,2162010Revenue 2011: $713,262Expenses 2011: $712,245Net Income 2011: $1,0172011Revenue 2012: $685,150Expenses 2012: $678,279Net Income 2012: $6,8712012Revenue 2013: $813,372Expenses 2013: $802,276Net Income 2013: $11,0962013Revenue 2014: $803,681Expenses 2014: $799,438Net Income 2014: $4,2432014Revenue 2015: $904,099Expenses 2015: $758,563Net Income 2015: $145,5362015Revenue 2016: $1,383,397Expenses 2016: $1,010,486Net Income 2016: $372,9112016Revenue 2017: $1,375,000Expenses 2017: $1,113,423Net Income 2017: $261,5772017Revenue 2018: $1,462,800Expenses 2018: $1,271,136Net Income 2018: $191,6642018Revenue 2019: $1,394,394Expenses 2019: $1,250,514Net Income 2019: $143,8802019Revenue 2020: $890,046Expenses 2020: $905,710Net Income 2020: -$15,6642020Revenue 2021: $576,579Expenses 2021: $617,468Net Income 2021: -$40,8892021Revenue 2022: $962,097Expenses 2022: $797,925Net Income 2022: $164,1722022Revenue 2023: $865,250Expenses 2023: $790,641Net Income 2023: $74,6092023Revenue 2024: $678,037Expenses 2024: $870,676Net Income 2024: -$192,6392024Revenue 2025: $863,893Expenses 2025: $712,247Net Income 2025: $151,6462025

Highlighted filing

2017

Revenue$1,375,000
Expenses$1,113,423
Net Income$261,577
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 16, 2018
Return Version
2016v3.0
Gross Receipts
$1,375,000
Mission and Program Overview

Mission

Instruct grades 7 to 12 per nys guidelines of department of education

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$376,900$520,000▲ $143,100
Land, Buildings, and Equipment, Net$67,346$268,004▲ $200,658
Cash and Non-Interest-Bearing Accounts$152,625$160,000▲ $7,375
Savings and Temporary Cash Investments$114,180$2,500▼ $111,680
Total Assets$1,219,093$1,458,546▲ $239,453
Other Assets Total$508,042$508,042→ $0
Liabilities
Deferred Revenue$232,444$278,000▲ $45,556
Accounts Payable and Accrued Expenses$303,181$235,501▼ $67,680
Total Liabilities$535,625$513,501▼ $22,124
Net Assets / Fund Balance
Unrestricted Net Assets$683,468$945,045▲ $261,577
Total Net Assets Fund Balance$683,468$945,045▲ $261,577
Total Liabilities and Net Assets / Fund Balance$1,219,093$1,458,546▲ $239,453

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$268,004-$268,004
Other Assets Org$508,042--
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
Patrick CrilleyTrustee
Paul Ottaviano MdTrustee
Robert GaglioneTrustee
Francis OttavianoPrincipal Treasurer
Laura OttavianoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$225,000
Program Service Revenue
$1,150,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$261,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$605,001
Other Expenses$508,422
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$447,901--$447,901
Occupancy$119,516--$119,516
Current Officers, Directors, Trustees, and Key Employees$67,100--$67,100
Office Expenses$45,000$10,000-$55,000
Payroll Taxes$55,000--$55,000
Other Employee Benefits$35,000--$35,000
Insurance$25,000--$25,000
Fees for Services Management-$10,000-$10,000
Travel$6,000$2,000-$8,000
Depreciation Depletion$3,706--$3,706
Other Expenses$3,200--$3,200
Advertising$2,000--$2,000
Total Functional Expenses$1,091,423$22,000$0$1,113,423
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

“Final draft distributed to directors before filing”

Form 990, Part VI, Section C, Line 19

“Documents are maintained in school office and are available upon request.”

Filing and Contact Details

Filer

Filer Name
Whitestone Academy Inc
EIN
11-3179475
Phone
7187670773
Address
150-34 12TH AVENUE, WHITESTONE, NY 11357

Signing Officer

Name
Francis Ottaviano
Title
Principal Treasurer
Signed
2018-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Francis Ottaviano
Formed
1990
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
2
Employees
23

Preparer

Firm
Franz Michael Walter CPA
Address
5738 Brown Place, Maspeth, NY 11378
Preparer
Franz M Walter
Phone
7188990796
Raw XML Appendix340 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0303181
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0235501
IRS990/AccountsReceivableGrp/BOYAmt0376900
IRS990/AccountsReceivableGrp/EOYAmt0520000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0INSTRUCT GRADES 7 TO 12 PER NYS GUIDELINES OF DEPARTMENT OF EDUCATION
IRS990/AdvertisingGrp/ProgramServicesAmt02000
IRS990/AdvertisingGrp/TotalAmt02000
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0FRANCIS OTTAVIANO
IRS990/BooksInCareOfDetail/PhoneNum07187670773
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150-34 12TH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WHITESTONE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011357
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0152625
IRS990/CashNonInterestBearingGrp/EOYAmt0160000
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt067100
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt067100
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0225000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0508422
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01150000
IRS990/CYRevenuesLessExpensesAmt0261577
IRS990/CYSalariesCompEmpBnftPaidAmt0605001
IRS990/CYTotalExpensesAmt01113423
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01375000
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0232444
IRS990/DeferredRevenueGrp/EOYAmt0278000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03706
IRS990/DepreciationDepletionGrp/TotalAmt03706
IRS990/Desc0INSTRUCT GRADES 7 TO 12 PER NYS GUIDELINES OF DEPARTMENT OF EDUCATION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01091423
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesManagementGrp/TotalAmt010000
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0060.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4002.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANCIS OTTAVIANO
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL OTTAVIANO MD
IRS990/Form990PartVIISectionAGrp/PersonNm2LAURA OTTAVIANO
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICK CRILLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT GAGLIONE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRINCIPAL TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0225000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01375000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt025000
IRS990/InsuranceGrp/TotalAmt025000
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt067346
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0268004
IRS990/LandBldgEquipCostOrOtherBssAmt0268004
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0INSTRUCT GRADES 7 TO 12 PER NYS GUIDELINES OF DEPARTMENT OF EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0683468
IRS990/NetAssetsOrFundBalancesEOYAmt0945045
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0119516
IRS990/OccupancyGrp/TotalAmt0119516
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010000
IRS990/OfficeExpensesGrp/ProgramServicesAmt045000
IRS990/OfficeExpensesGrp/TotalAmt055000
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0508042
IRS990/OtherAssetsTotalGrp/EOYAmt0508042
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035000
IRS990/OtherExpensesGrp/Desc0STUDENT EXPENSES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ProgramServicesAmt032000
IRS990/OtherExpensesGrp/ProgramServicesAmt1250000
IRS990/OtherExpensesGrp/ProgramServicesAmt23200
IRS990/OtherExpensesGrp/TotalAmt032000
IRS990/OtherExpensesGrp/TotalAmt1250000
IRS990/OtherExpensesGrp/TotalAmt23200
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0447901
IRS990/OtherSalariesAndWagesGrp/TotalAmt0447901
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt055000
IRS990/PayrollTaxesGrp/TotalAmt055000
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FRANCIS OTTAVIANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01150000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0225329
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0483864
IRS990/PYProgramServiceRevenueAmt01158068
IRS990/PYRevenuesLessExpensesAmt0372911
IRS990/PYSalariesCompEmpBnftPaidAmt0526622
IRS990/PYTotalExpensesAmt01010486
IRS990/PYTotalRevenueAmt01383397
IRS990/ReconcilationRevenueExpnssAmt0261577
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0114180
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02500
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0268004
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0268004
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0508042
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred construction - Salisbury
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0268004
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0508042
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Final draft distributed to directors before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are maintained in school office and are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01219093
IRS990/TotalAssetsEOYAmt01458546
IRS990/TotalAssetsGrp/BOYAmt01219093
IRS990/TotalAssetsGrp/EOYAmt01458546
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0225000
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01091423
IRS990/TotalFunctionalExpensesGrp/TotalAmt01113423
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0535625
IRS990/TotalLiabilitiesEOYAmt0513501
IRS990/TotalLiabilitiesGrp/BOYAmt0535625
IRS990/TotalLiabilitiesGrp/EOYAmt0513501
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0683468
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0945045
IRS990/TotalProgramServiceExpensesAmt01091423
IRS990/TotalProgramServiceRevenueAmt01150000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01375000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01219093
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01458546
IRS990/TravelGrp/ManagementAndGeneralAmt02000
IRS990/TravelGrp/ProgramServicesAmt06000
IRS990/TravelGrp/TotalAmt08000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0683468
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0945045
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0150-34 12TH AVENUE
IRS990/USAddress/CityNm0WHITESTONE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011357
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0THEWHITESONE ACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCIS OTTAVIANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRINCIPAL TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WHITESTONE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0WHIT
ReturnHeader/Filer/EIN0113179475
ReturnHeader/Filer/PhoneNum07187670773
ReturnHeader/Filer/USAddress/AddressLine1Txt0150-34 12TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0WHITESTONE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011357
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06EB895D64EE9C75CDF2D3D929240DA4363BD8D56
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06EB895D64EE9C75CDF2D3D929240DA4363BD8D56
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.12.207.179
ReturnHeader/FilingSecurityInformation/IPDt02018-07-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm000:19:23
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Franz Michael Walter CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05738 Brown Place
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Maspeth
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011378
ReturnHeader/PreparerPersonGrp/PhoneNum07188990796
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Franz M Walter
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-07-16T08:46:43-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,458,546
Liabilities
$513,501
Net assets
$945,045
Revenue
$1,375,000
Expenses
$1,113,423
Net income
$261,577
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.86$0.71$0.15
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.68$0.87$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.87$0.79$0.07
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.30$0.00$0.30$0.96$0.80$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.58$0.62$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.00$1.29$0.89$0.91$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.28$1.30$1.39$1.25$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.50$1.14$1.46$1.27$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.51$0.95$1.38$1.11$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.22$0.54$0.68$1.38$1.01$0.37
2015Summary only. Only limited summary data is available for this year.$0.56$0.25$0.31$0.90$0.76$0.15
2014Summary only. Only limited summary data is available for this year.$0.57$0.40$0.17$0.80$0.80$0.00
2013Summary only. Only limited summary data is available for this year.$0.42$0.26$0.16$0.81$0.80$0.01
2012Summary only. Only limited summary data is available for this year.$0.41$0.26$0.15$0.69$0.68$0.01
2011Summary only. Only limited summary data is available for this year.$0.30$0.16$0.14$0.71$0.71$0.00
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.17$0.14$0.75