Civic Intelligence

Brooklyn Amity School

990 • Fiscal year 2015 • EIN 11-3511046

Jul 01, 2014 to Jun 30, 2015 • Filed on May 06, 2016

3867 Shore ParkwayBrooklyn, NY 11235

(718) 891-6100

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.64x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

3.58x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Asset Growth

50th percentile

2.4%

Faster asset growth than 50% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

19th percentile

-7.4%

Faster revenue growth than 19% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$24,031,366

Up $562,321 (+2.4%) from 2014

Net Assets

Up

$8,531,366

Up $562,321 (+7.1%) from 2014

Liabilities

Flat

$15,500,000

Flat from 2014

Revenue

Down

$4,329,559

Down $345,819 (-7.4%) from 2014

Expenses

Down

$3,767,238

Down $533,413 (-12%) from 2014

Net Income

Up

$562,321

Up $187,594 (+50%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $21,331,999Liabilities 2011: $12,785,374Net Assets 2011: $8,546,6252011Assets 2012: $22,924,400Liabilities 2012: $15,500,000Net Assets 2012: $7,424,4002012Assets 2013: $22,542,287Liabilities 2013: $15,500,000Net Assets 2013: $7,042,2872013Assets 2014: $23,469,045Liabilities 2014: $15,500,000Net Assets 2014: $7,969,0452014Assets 2015: $24,031,366Liabilities 2015: $15,500,000Net Assets 2015: $8,531,3662015Assets 2016: $23,084,764Liabilities 2016: $15,507,627Net Assets 2016: $7,577,1372016Assets 2017: $22,840,587Liabilities 2017: $15,507,627Net Assets 2017: $7,332,9602017Assets 2018: $21,615,064Liabilities 2018: $15,507,627Net Assets 2018: $6,107,4372018Assets 2019: $21,049,450Liabilities 2019: $15,937,127Net Assets 2019: $5,112,3232019Assets 2020: $20,728,550Liabilities 2020: $15,537,152Net Assets 2020: $5,191,3982020Assets 2021: $20,116,774Liabilities 2021: $15,577,152Net Assets 2021: $4,539,6222021Assets 2022: $19,779,921Liabilities 2022: $16,137,050Net Assets 2022: $3,642,8712022Assets 2023: $19,142,618Liabilities 2023: $16,115,491Net Assets 2023: $3,027,1272023

Highlighted filing

2015

Assets$24,031,366
Liabilities$15,500,000
Net Assets$8,531,366

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,893,5042011Revenue 2012: $3,419,123Expenses 2012: $2,993,251Net Income 2012: $425,8722012Revenue 2013: $3,609,453Expenses 2013: $3,991,566Net Income 2013: -$382,1132013Revenue 2014: $4,675,378Expenses 2014: $4,300,651Net Income 2014: $374,7272014Revenue 2015: $4,329,559Expenses 2015: $3,767,238Net Income 2015: $562,3212015Revenue 2016: $3,068,044Expenses 2016: $4,022,273Net Income 2016: -$954,2292016Revenue 2017: $1,775,348Expenses 2017: $2,019,525Net Income 2017: -$244,1772017Revenue 2018: $1,799,378Expenses 2018: $2,418,648Net Income 2018: -$619,2702018Revenue 2019: $1,421,102Expenses 2019: $2,416,216Net Income 2019: -$995,1142019Revenue 2020: $2,668,945Expenses 2020: $2,589,870Net Income 2020: $79,0752020Revenue 2021: $2,115,551Expenses 2021: $2,767,327Net Income 2021: -$651,7762021Revenue 2022: $2,948,473Expenses 2022: $3,845,224Net Income 2022: -$896,7512022Revenue 2023: $3,269,610Expenses 2023: $3,885,354Net Income 2023: -$615,7442023

Highlighted filing

2015

Revenue$4,329,559
Expenses$3,767,238
Net Income$562,321
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 6, 2016
Return Version
2014v6.0
Gross Receipts
$4,329,559
Mission and Program Overview

Mission

The Schools mission is to offer a safe, secure, structured and stimulating college-career preparatory educational environment. Brooklyn Amity School will provide challenges and opportunities for students to instill the necessary skills and knowledge needed for the rest of their lives. The Brooklyn Amity School aims to create a partnership among the triad of student-teacher-parent that will provide our youth with the support necessary to reach their highest potential - intellectually, socially, emotionally and physically. Brooklyn Amity School will provide a rigorous and relevant, standards-based curriculum in a dynamic, specialized learning community for students who seek a comprehensive, challenging curriculum with emphasis on science, world languages, and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,766,724$21,221,516▼ $545,208
Cash and Non-Interest-Bearing Accounts$606,464$706,696▲ $100,232
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$23,469,045$24,031,366▲ $562,321
Other Assets Total$1,095,857$2,103,154▲ $1,007,297
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,500,000$15,500,000→ $0
Total Liabilities$15,500,000$15,500,000→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$7,969,045$8,531,366▲ $562,321
Total Net Assets Fund Balance$7,969,045$8,531,366▲ $562,321
Total Liabilities and Net Assets / Fund Balance$23,469,045$24,031,366▲ $562,321

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,372,813$2,138,865$21,511,678
Land$1,550,000-$1,550,000
Equipment$298,703$385,463$684,166
Other Assets Org$33,765--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hanefi GullacePresident
Ahmet SilibulduTrustee
Eray AyhanTrustee
Fatih KaracaSecretary
Mehmet DurgunTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$886,148
Program Service Revenue
$3,438,221
Investment Income
$404
Other Revenue
$4,786
All Other Contributions
$886,148
Change in Net Assets
$562,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,329,559
Total Revenue per Audited Statements
$4,329,559
Total Revenue per Form 990
$4,329,559
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,920,590
Other Expenses$1,846,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,648,110$120,438-$1,768,548
Depreciation Depletion$579,837$42,372-$622,209
Occupancy$227,064--$227,064
Insurance$141,750$10,359-$152,109
Payroll Taxes$141,688$10,354-$152,042
All Other Expenses$132,206$9,902-$142,108
Other Expenses$94,274$6,889-$101,163
Total Functional Expenses$3,544,249$222,989$0$3,767,238

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,767,238
Total Expenses per Audited Statements$3,767,238
Total Expenses per Form 990$3,767,238
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
No
Audit committee
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
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

Form 990 is reviewed and approved by the management and board prior to submission.

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

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

Filing and Contact Details

Filer

Filer Name
Brooklyn Amity School
EIN
11-3511046
Phone
7188916100
Address
3867 Shore Parkway, Brooklyn, NY 11235

Signing Officer

Name
Mehmet Durgun
Title
Treasurer
Signed
2016-05-06
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
79

Preparer

Firm
Satty Levine & Ciacco CPAs PC
Address
125 Jericho Turnpike Ste 200, Jericho, NY 11753
Preparer
Frank Lou CPA
Phone
5163389500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Schools Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2015, 2014, 2013 and 2012 are subject to examination by the Internal Revenue Services, generally for 3 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/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01771856
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0150
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02366532
IRS990/PYOtherRevenueAmt02171
IRS990/PYProgramServiceRevenueAmt02901201
IRS990/PYRevenuesLessExpensesAmt0374727
IRS990/PYSalariesCompEmpBnftPaidAmt01934119
IRS990/PYTotalExpensesAmt04300651
IRS990/PYTotalRevenueAmt04675378
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0562321
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/BuildingsGrp/BookValueAmt019372813
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02138865
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021511678
IRS990ScheduleD/EquipmentGrp/BookValueAmt0298703
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0385463
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0684166
IRS990ScheduleD/ExpensesSubtotalAmt03767238
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01550000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01550000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02026279
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt143110
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt233765
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in progress
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Loan Issuance Costs
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Security Deposit
IRS990ScheduleD/RevenueSubtotalAmt04329559
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Schools Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2015, 2014, 2013 and 2012 are subject to examination by the Internal Revenue Services, generally for 3 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/TotalBookValueLandBuildingsAmt021221516
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02103154
IRS990ScheduleD/TotalExpensesPerForm990Amt03767238
IRS990ScheduleD/TotalRevenuePerForm990Amt04329559
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04329559
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03767238
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/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
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
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed and approved by the management and board prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing docs, policies and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023469045
IRS990/TotalAssetsEOYAmt024031366
IRS990/TotalAssetsGrp/BOYAmt023469045
IRS990/TotalAssetsGrp/EOYAmt024031366
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0886148
IRS990/TotalEmployeeCnt079
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0222989
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03544249
IRS990/TotalFunctionalExpensesGrp/TotalAmt03767238
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015500000
IRS990/TotalLiabilitiesEOYAmt015500000
IRS990/TotalLiabilitiesGrp/BOYAmt015500000
IRS990/TotalLiabilitiesGrp/EOYAmt015500000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07969045
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08531366
IRS990/TotalProgramServiceExpensesAmt03544249
IRS990/TotalProgramServiceRevenueAmt03438221
IRS990/TotalRevenueGrp/ExclusionAmt05190
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03438221
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04329559
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023469045
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024031366
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07969045
IRS990/UnrestrictedNetAssetsGrp/EOYAmt08531366
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.amityschool.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mehmet Durgun
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Brooklyn Amity School
ReturnHeader/Filer/BusinessNameControlTxt0BROO
ReturnHeader/Filer/EIN0113511046
ReturnHeader/Filer/PhoneNum07188916100
ReturnHeader/Filer/USAddress/AddressLine1Txt03867 Shore Parkway
ReturnHeader/Filer/USAddress/CityNm0Brooklyn

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$19.1$16.1$3.03$3.27$3.89$0.62
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$19.8$16.1$3.64$2.95$3.85$0.90
2021Detailed filing. Detailed filing data is available for this year.$20.1$15.6$4.54$2.12$2.77$0.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$15.5$5.19$2.67$2.59$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.0$15.9$5.11$1.42$2.42$1.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.6$15.5$6.11$1.80$2.42$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.8$15.5$7.33$1.78$2.02$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$15.5$7.58$3.07$4.02$0.95
2015Detailed filing. Detailed filing data is available for this year.$24.0$15.5$8.53$4.33$3.77$0.56
2014Detailed filing. Detailed filing data is available for this year.$23.5$15.5$7.97$4.68$4.30$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$15.5$7.04$3.61$3.99$0.38
2012Summary only. Only limited summary data is available for this year.$22.9$15.5$7.42$3.42$2.99$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$12.8$8.55$2.89