Civic Intelligence

Broad Hollow Bioscience Park Inc.

990 • Fiscal year 2015 • EIN 11-3455950

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 23, 2015

Organization ProfileWWW.BIOPARKNY.ORG

View Organization Page

PO Box 176Farmingdale, NY 11735

(631) 227-0955

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

14th percentile

0.07x

Higher debt load relative to revenue than 14% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

3rd percentile

-65%

Higher net margin than 3% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$177,406

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

21st percentile

-3.9%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets7th percentile

Assets

Down

$33,938,642

Down $1,363,362 (-3.9%) from 2014

Net Assets

Down

$33,804,544

Down $1,296,262 (-3.7%) from 2014

Liabilities

Down

$134,098

Down $67,100 (-33%) from 2014

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin3rd percentile

Revenue

Down

$1,999,414

Down $20,273,188 (-91%) from 2014

Expenses

Up

$3,295,676

Up $1,154,539 (+54%) from 2014

Net Income

Down

-$1,296,262

Down $21,427,727 (-106%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$80M$60M$40M$20M$0Assets 2010: $7,051,286Liabilities 2010: $828,873Net Assets 2010: $6,222,4132010Assets 2011: $7,943,612Liabilities 2011: $146,953Net Assets 2011: $7,796,6592011Assets 2012: $9,271,762Liabilities 2012: $148,676Net Assets 2012: $9,123,0862012Assets 2013: $10,809,406Liabilities 2013: $142,461Net Assets 2013: $10,666,9452013Assets 2014: $35,302,004Liabilities 2014: $201,198Net Assets 2014: $35,100,8062014Assets 2015: $33,938,642Liabilities 2015: $134,098Net Assets 2015: $33,804,5442015Assets 2016: $32,075,779Liabilities 2016: $133,520Net Assets 2016: $31,942,2592016Assets 2017: $31,806,416Liabilities 2017: $330,146Net Assets 2017: $31,476,2702017Assets 2018: $30,775,378Liabilities 2018: $195,770Net Assets 2018: $30,579,6082018Assets 2019: $29,761,025Liabilities 2019: $290,560Net Assets 2019: $29,470,4652019Assets 2020: $28,448,353Liabilities 2020: $196,341Net Assets 2020: $28,252,0122020Assets 2021: $30,625,721Liabilities 2021: $492,507Net Assets 2021: $30,133,2142021Assets 2022: $26,111,228Liabilities 2022: $604,639Net Assets 2022: $25,506,5892022Assets 2023: $24,864,405Liabilities 2023: $407,150Net Assets 2023: $24,457,2552023Assets 2024: $75,596,812Liabilities 2024: $1,407,245Net Assets 2024: $74,189,5672024Assets 2025: $76,106,926Liabilities 2025: $805,876Net Assets 2025: $75,301,0502025

Highlighted filing

2015

Assets$33,938,642
Liabilities$134,098
Net Assets$33,804,544
Open 2015 Filing

Operations Trend

Revenue Growth1st percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $330,0132010Revenue 2011: $1,987,984Expenses 2011: $413,738Net Income 2011: $1,574,2462011Expenses 2012: $209,2482012Revenue 2013: $1,715,748Expenses 2013: $171,889Net Income 2013: $1,543,8592013Revenue 2014: $22,272,602Expenses 2014: $2,141,137Net Income 2014: $20,131,4652014Revenue 2015: $1,999,414Expenses 2015: $3,295,676Net Income 2015: -$1,296,2622015Revenue 2016: $2,367,837Expenses 2016: $4,230,122Net Income 2016: -$1,862,2852016Revenue 2017: $3,044,825Expenses 2017: $4,468,640Net Income 2017: -$1,423,8152017Revenue 2018: $1,282,116Expenses 2018: $2,614,618Net Income 2018: -$1,332,5022018Revenue 2019: $1,151,687Expenses 2019: $2,772,074Net Income 2019: -$1,620,3872019Revenue 2020: $1,441,508Expenses 2020: $5,051,240Net Income 2020: -$3,609,7322020Revenue 2021: $3,689,454Expenses 2021: $5,182,897Net Income 2021: -$1,493,4432021Revenue 2022: $2,252,688Expenses 2022: $5,347,653Net Income 2022: -$3,094,9652022Revenue 2023: $2,178,523Expenses 2023: $6,043,507Net Income 2023: -$3,864,9842023Revenue 2024: $1,467,302Expenses 2024: $3,259,801Net Income 2024: -$1,792,4992024Revenue 2025: $3,732,808Expenses 2025: $3,698,596Net Income 2025: $34,2122025

Highlighted filing

2015

Revenue$1,999,414
Expenses$3,295,676
Net Income-$1,296,262
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 23, 2015
Return Version
2014v5.0
Gross Receipts
$1,999,414
Mission and Program Overview

Mission

To create, develop and operate an environment in which technologically innovative businesses can develop, and research can be translated into commercially viable high technology.

To build and operate specialized facilities to support a bioscience economic development program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$19,982,125$19,873,898▼ $108,227
Land, Buildings, and Equipment, Net$12,222,177$12,120,019▼ $102,158
Prepaid Expenses and Deferred Charges$153,057$180,350▲ $27,293
Accounts Receivable-$36,310-
Cash and Non-Interest-Bearing Accounts$1,263,584$10,360▼ $1,253,224
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$35,302,004$33,938,642▼ $1,363,362
Other Assets Total$1,681,061$1,717,705▲ $36,644
Liabilities
Accounts Payable and Accrued Expenses$201,198$134,098▼ $67,100
Total Liabilities$201,198$134,098▼ $67,100
Net Assets / Fund Balance
Unrestricted Net Assets$35,100,806$33,804,544▼ $1,296,262
Total Net Assets Fund Balance$35,100,806$33,804,544▼ $1,296,262
Total Liabilities and Net Assets / Fund Balance$35,302,004$33,938,642▼ $1,363,362

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$12,036,109$1,486,850$13,522,959
Equipment$79,336$118,446$197,782
Other Land Buildings$4,574$7,536$12,110
Other Assets Org$117,965--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gregory BlyskalExecutive DirecFT$136,925$40,481$177,406

Board Members and Trustees

NameTitle
George P LarosaChairman
Richard S OvertonVice-chair
Adrian KrainerTrustee
GREG O'CONNORTrustee
Lou ReinshTrustee
Neil M SolomonTrustee
Paul AmorusoTrustee
Teri WileyTrustee
Yacov ShamashTrustee
Charles RyanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,932,078
Program Service Revenue
$35,204
Investment Income
$32,132
Other Revenue
$0
All Other Contributions
$1,932,078
Change in Net Assets
$-1,296,262

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$1,932,078Fair Market Value (FMV)
Total Noncash Contributions$1,932,078-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,027,457
Salaries, Compensation, and Employee Benefits$268,219
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,932,078--$1,932,078
Insurance$208,919--$208,919
Depreciation Depletion$172,490$449-$172,939
Current Officers, Directors, Trustees, and Key Employees$102,693$34,231-$136,924
Office Expenses$19,727$78,909-$98,636
Other Salaries and Wages$58,930--$58,930
Advertising-$43,597-$43,597
Other Expenses$37,210--$37,210
Other Employee Benefits$31,253$4,466-$35,719
All Other Expenses$30,116--$30,116
Pension Plan Contributions$17,347$5,677-$23,024
Fees for Services Accounting-$19,500-$19,500
Payroll Taxes$11,002$2,620-$13,622
Fees for Services Legal-$4,032-$4,032
Total Functional Expenses$3,102,195$193,481$0$3,295,676
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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

“Distributed to executive board members for review.”

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

“Conflict of interest policy is provided to board of directors annually. Each member is required to disclose any conflicts and sign the disclosure form.”

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

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Broad Hollow Bioscience Park Inc
EIN
11-3455950
Phone
6312270955
Address
PO BOX 176, FARMINGDALE, NY 11735

Signing Officer

Name
Gregory Blyskal
Title
Executive Director
Signed
2015-12-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Blyskal
Formed
1998
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
2

Preparer

Firm
Fuoco Group Llp
Address
200 PARKWAY DRIVE SOUTH SUITE 302, HAUPPAUGE, NY 11788
Preparer
Laura Marques CPA
Phone
6313601700
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 12

“Certain reclassifications have been made to the 2013 tax return to correspond to the financial statements format. Net assets and changes in net assets are unchanged due to these reclassifications.”

Form 990, Part I, Line 18

“Certain reclassifications have been made to the 2013 tax return to correspond to the financial statements format. Net assets and changes in net assets are unchanged due to these reclassifications.”

FORM 990, PART XII, LINE 2CL

“There is no change in procedure from the prior year.”

Financial Statement Notes

Part X : FIN48 Footnote

“The organization is exempt from income taxation under internal revenue service code section 501(c)3, and is subject to federal and state tax on net unrelated business income. The organization has not taken an unsubstantiated tax position that would require provision of a liability under financial accounting standards board (fasb) accounting standards codification (asc)740-10 (formerly fin interpretation no. 48), "accounting for uncertainty in income taxes". Under asc 740-10, an organization must recognize the tax benefit associated with tax position taken for tax return purposes when it is more-likely-than-not that the position will be sustained. The organization does not believe there are any material uncertain tax positions and, accordingly, has not recognized any liability for unrecognized tax benefits. The organization has filed irs form 990, as required, and all other applicable returns in jurisdictions when it is required. The organization's information returns are subject to review by the appropriate authorities for a period of three years from the date of filing. Currently, the returns for the years ending june 30, 2012 and subsequent, are subject to review. For the year ended june 30, 2015, there was no interest or penalties recorded or included in the financial statements.”

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IRS990/InterestGrp/TotalAmt00
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IRS990/LandBldgEquipCostOrOtherBssAmt013732851
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO CREATE, DEVELOP AND OPERATE AN ENVIRONMENT IN WHICH TECHNOLOGICALLY INNOVATIVE BUSINESSES CAN DEVELOP, AND RESEARCH CAN BE TRANSLATED INTO COMMERCIALLY VIABLE HIGH TECHNOLOGY.
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IRS990/NetAssetsOrFundBalancesEOYAmt033804544
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt01932078
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01932078
IRS990/OccupancyGrp/TotalAmt01932078
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt078909
IRS990/OfficeExpensesGrp/ProgramServicesAmt019727
IRS990/OfficeExpensesGrp/TotalAmt098636
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01681061
IRS990/OtherAssetsTotalGrp/EOYAmt01717705
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04466
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031253
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035719
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CUSTODIAL
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL AND MAINTENAN
IRS990/OtherExpensesGrp/ProgramServicesAmt0231996
IRS990/OtherExpensesGrp/ProgramServicesAmt1186649
IRS990/OtherExpensesGrp/ProgramServicesAmt261785
IRS990/OtherExpensesGrp/ProgramServicesAmt337210
IRS990/OtherExpensesGrp/TotalAmt0231996
IRS990/OtherExpensesGrp/TotalAmt1186649
IRS990/OtherExpensesGrp/TotalAmt261785
IRS990/OtherExpensesGrp/TotalAmt337210
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt058930
IRS990/OtherSalariesAndWagesGrp/TotalAmt058930
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02620
IRS990/PayrollTaxesGrp/ProgramServicesAmt011002
IRS990/PayrollTaxesGrp/TotalAmt013622
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05677
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt017347
IRS990/PensionPlanContributionsGrp/TotalAmt023024
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0153057
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0180350
IRS990/PrincipalOfficerNm0GREGORY BLYSKAL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541700
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL/RESEARCH FACILITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035204
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035204
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06573408
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014995
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02468673
IRS990/PYProgramServiceRevenueAmt016216142
IRS990/PYRevenuesLessExpensesAmt020131465
IRS990/PYSalariesCompEmpBnftPaidAmt0204407
IRS990/PYTotalExpensesAmt02673080
IRS990/PYTotalRevenueAmt022804545
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1296262
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt035204
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt019982125
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019873898
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01932078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04697604
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04302396
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010932078
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt032132
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014995
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012618
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011349
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013760
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt084854
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035204
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0684199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01703130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01524326
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01210236
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05157095
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt032132
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014995
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012618
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011349
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt084854
IRS990ScheduleA/InvestmentIncomeCYPct00.00270
IRS990ScheduleA/InvestmentIncomePYPct00.00230
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt015000000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0763988
IRS990ScheduleA/OtherIncome509Grp/TotalAmt015763988
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.50380
IRS990ScheduleA/PublicSupportPY509Pct00.49270
IRS990ScheduleA/PublicSupportTotal509Amt016089173
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01967282
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05381803
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06005526
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01524326
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01210236
IRS990ScheduleA/Total509Grp/TotalAmt016089173
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01999414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt020396798
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06018144
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01535675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01987984
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt031938015
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt079336
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0118446
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0197782
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012036109
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01486850
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013522959
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01204
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11598536
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2117965
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RENTS RETAINED BY STATE UNIVERSITY OF NY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04574
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07536
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012110
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)3, AND IS SUBJECT TO FEDERAL AND STATE TAX ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC)740-10 (FORMERLY FIN INTERPRETATION NO. 48), "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". UNDER ASC 740-10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED IRS FORM 990, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHEN IT IS REQUIRED. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO REVIEW BY THE APPROPRIATE AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE OF FILING. CURRENTLY, THE RETURNS FOR THE YEARS ENDING JUNE 30, 2012 AND SUBSEQUENT, ARE SUBJECT TO REVIEW. FOR THE YEAR ENDED JUNE 30, 2015, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012120019
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IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,938,642
Liabilities
$134,098
Net assets
$33,804,544
Revenue
$1,999,414
Expenses
$3,295,676
Net income
-$1,296,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.1$0.81$75.3$3.73$3.70$0.03
2024Detailed filing. Detailed filing data is available for this year.$75.6$1.41$74.2$1.47$3.26$1.79
2023Detailed filing. Detailed filing data is available for this year.$24.9$0.41$24.5$2.18$6.04$3.86
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$0.60$25.5$2.25$5.35$3.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.6$0.49$30.1$3.69$5.18$1.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$0.20$28.3$1.44$5.05$3.61
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$0.29$29.5$1.15$2.77$1.62
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$0.20$30.6$1.28$2.61$1.33
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.8$0.33$31.5$3.04$4.47$1.42
2016Detailed filing. Detailed filing data is available for this year.$32.1$0.13$31.9$2.37$4.23$1.86
2015Detailed filing. Detailed filing data is available for this year.$33.9$0.13$33.8$2.00$3.30$1.30
2014Detailed filing. Detailed filing data is available for this year.$35.3$0.20$35.1$22.3$2.14$20.1
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$0.14$10.7$1.72$0.17$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.27$0.15$9.12$0.21
2011Summary only. Only limited summary data is available for this year.$7.94$0.15$7.80$1.99$0.41$1.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.05$0.83$6.22$0.33