Civic Intelligence

Brooklyn Amity School

990 • Fiscal year 2022 • EIN 11-3511046

Jul 01, 2021 to Jun 30, 2022 • Filed on May 25, 2023

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

82nd percentile

0.82x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

5.47x

Higher debt load relative to revenue than 94% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Net Margin

6th percentile

-30%

Higher net margin than 6% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Asset Growth

39th percentile

-1.7%

Faster asset growth than 39% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

82nd percentile

39%

Faster revenue growth than 82% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$19,779,921

Down $336,853 (-1.7%) from 2021

Net Assets

Down

$3,642,871

Down $896,751 (-20%) from 2021

Liabilities

Up

$16,137,050

Up $559,898 (+3.6%) from 2021

Revenue

Up

$2,948,473

Up $832,922 (+39%) from 2021

Expenses

Up

$3,845,224

Up $1,077,897 (+39%) from 2021

Net Income

Down

-$896,751

Down $244,975 (-38%) from 2021

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

2022

Assets$19,779,921
Liabilities$16,137,050
Net Assets$3,642,871

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

2022

Revenue$2,948,473
Expenses$3,845,224
Net Income-$896,751
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 25, 2023
Return Version
2021v4.1
Gross Receipts
$2,948,473
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$17,724,933$17,221,085▼ $503,848
Cash and Non-Interest-Bearing Accounts$164,425$334,112▲ $169,687
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$20,116,774$19,779,921▼ $336,853
Other Assets Total$2,227,416$2,224,724▼ $2,692
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,577,152$16,137,050▲ $559,898
Total Liabilities$15,577,152$16,137,050▲ $559,898
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,539,622$3,642,871▼ $896,751
Total Net Assets Fund Balance$4,539,622$3,642,871▼ $896,751
Total Liabilities and Net Assets / Fund Balance$20,116,774$19,779,921▼ $336,853

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,589,759$5,921,919$21,511,678
Land$1,550,000-$1,550,000
Equipment$81,326$736,457$817,783
Other Assets Org$33,765--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sadi YildirirPresident
Mehmet DonmezSecretary
Bahadir AlpaslanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,754,558
Program Service Revenue
$1,065,648
Investment Income
$0
Other Revenue
$128,267
All Other Contributions
$76,271
Change in Net Assets
$-896,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,239,958
Other Expenses$1,605,266
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,949,743$102,618-$2,052,361
Depreciation Depletion$550,301$28,963-$579,264
All Other Expenses$222,980$11,735-$234,715
Payroll Taxes$149,155$7,850-$157,005
Other Expenses$91,962$4,840-$96,802
Office Expenses$48,637$2,560-$51,197
Insurance$40,396$2,126-$42,522
Other Employee Benefits$29,062$1,530-$30,592
Travel$20,044$1,055-$21,099
Advertising$5,362$282-$5,644
Total Functional Expenses$3,652,964$192,260$0$3,845,224
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
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
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
Davut Yilmaz
Title
Treasurer
Signed
2023-05-25
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
49

Preparer

Firm
Satty Levine & Ciacco CPAs PC
Address
534 Broadhollow Road Suite 300, Melville, NY 11747
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, 2020, 2019, 2018 and 2017 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

Raw XML Appendix390 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.

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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt015589759
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05921919
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021511678
IRS990ScheduleD/EquipmentGrp/BookValueAmt081326
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0736457
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0817783
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01550000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01550000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02166705
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt124254
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt233765
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in progress
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Loan Issuance Costs
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Security Deposit
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Schools 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 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/TotalBookValueLandBuildingsAmt017221085
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02224724
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/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Publicity requirement is satisfied by enrolling students of the racial minority groups as follows:Hispanic/Latino: 6 % of the total enrollmentAfrican American: 13 % of the total enrollmentAsian: 5 % of the total enrollmentNative American: 2 % of the total enrollmentIn addition, Brooklyn Amity School's promotional activities and recruitment efforts are designed in a way that informs students of all racial segments in the communities within the area of the availability of the school, as we recruit in the United States, China, Indonesia, South Africa, certain parts of Europe and South America.
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt020116774
IRS990/TotalAssetsEOYAmt019779921
IRS990/TotalAssetsGrp/BOYAmt020116774
IRS990/TotalAssetsGrp/EOYAmt019779921
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01754558
IRS990/TotalEmployeeCnt049
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0192260
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03652964
IRS990/TotalFunctionalExpensesGrp/TotalAmt03845224
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015577152
IRS990/TotalLiabilitiesEOYAmt016137050
IRS990/TotalLiabilitiesGrp/BOYAmt015577152
IRS990/TotalLiabilitiesGrp/EOYAmt016137050
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04539622
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03642871
IRS990/TotalProgramServiceExpensesAmt03652964
IRS990/TotalProgramServiceRevenueAmt01065648
IRS990/TotalRevenueGrp/ExclusionAmt0128267
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01065648
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02948473
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020116774
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt019779921
IRS990/TravelGrp/ManagementAndGeneralAmt01055
IRS990/TravelGrp/ProgramServicesAmt020044
IRS990/TravelGrp/TotalAmt021099
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03867 Shore Parkway
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011235
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.amityschool.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Davut Yilmaz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-25
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011235
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112370855
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Satty Levine & Ciacco CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0534 Broadhollow Road Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Melville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum05163389500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Frank Lou CPA
ReturnHeader/ReturnTs02023-05-25T09:59:07-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Davut
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Yilmaz
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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
2022Detailed filing. Detailed filing data is available for this year.$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
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