Civic Intelligence

Beginning with Children Charter School

990 • Fiscal year 2012 • EIN 11-3588704

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 11, 2013

11 Bartlett Street11206
Siviq Scores

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

Liabilities / Assets

60th percentile

0.32x

Higher debt load relative to assets than 60% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

72nd percentile

8.9%

Faster asset growth than 72% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$3,459,370

Up $283,978 (+8.9%) from 2011

Net Assets

Up

$2,340,116

Up $365,506 (+19%) from 2011

Liabilities

Down

$1,119,254

Down $81,528 (-6.8%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$6,726,865

Up $44,692 (+0.7%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $3,175,392Liabilities 2011: $1,200,782Net Assets 2011: $1,974,6102011Assets 2012: $3,459,370Liabilities 2012: $1,119,254Net Assets 2012: $2,340,1162012Assets 2013: $3,297,026Liabilities 2013: $1,025,847Net Assets 2013: $2,271,1792013Assets 2014: $2,733,087Liabilities 2014: $1,204,319Net Assets 2014: $1,528,7682014Assets 2015: $2,908,935Liabilities 2015: $1,193,301Net Assets 2015: $1,715,6342015Assets 2016: $2,379,570Liabilities 2016: $2,199,461Net Assets 2016: $180,1092016Assets 2017: $1,051,021Liabilities 2017: $1,115,755Net Assets 2017: -$64,7342017Assets 2018: $994,062Liabilities 2018: $980,279Net Assets 2018: $13,7832018

Highlighted filing

2012

Assets$3,459,370
Liabilities$1,119,254
Net Assets$2,340,116

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $6,976,236Expenses 2011: $6,682,173Net Income 2011: $294,0632011Expenses 2012: $6,726,8652012Revenue 2013: $6,920,834Expenses 2013: $6,989,856Net Income 2013: -$69,0222013Revenue 2014: $6,480,000Expenses 2014: $7,226,750Net Income 2014: -$746,7502014Revenue 2015: $6,630,143Expenses 2015: $6,443,959Net Income 2015: $186,1842015Revenue 2016: $5,949,558Expenses 2016: $7,480,140Net Income 2016: -$1,530,5822016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $259Expenses 2018: $42,404Net Income 2018: -$42,1452018

Highlighted filing

2012

Revenue-
Expenses$6,726,865
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 11, 2013
Return Version
2011v1.5
Gross Receipts
$7,090,770
Mission and Program Overview

Mission

Beginning with children charter school (bwccs) is a diverse, caring and nurturing learning community that fosters high academic achievement and the development of ethical character for elementary and middle school students. An enriched curriculum and dynamic partnerships between bwccs, families, and community enable all students to excel. Continual assessment and evaluation enhance the educational program bwccs prepares graduates for success in high school, college and beyond by developing independent thinkers and active citizens.

Filing and Contact Details

Filer

EIN
11-3588704
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IRS990/Description0THE BEGINNING WITH CHILDREN CHARTER SCHOOL PROVIDES THE OPPORTUNITY FOR CHILDREN TO SUCCEED ACADEMICALLY, SOCIALLY AND INTELLECTUALLY. THE SCHOOL SERVES 450 CHILDREN IN GRADES K-8 IN BROOKLYN, NEW YORK.
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IRS990/Form990PartVIISectionA/Title7PRINCIPAL - LOWER SCHOOL
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IRS990/MissionDescription0BEGINNING WITH CHILDREN CHARTER SCHOOL (BWCCS) IS A DIVERSE, CARING AND NURTURING LEARNING COMMUNITY THAT FOSTERS HIGH ACADEMIC ACHIEVEMENT AND THE DEVELOPMENT OF ETHICAL CHARACTER FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS. AN ENRICHED CURRICULUM AND DYNAMIC PARTNERSHIPS BETWEEN THE SCHOOL, FAMILIES AND COMMUNITY ENABLE ALL STUDENTS TO EXCEL. CONTINUAL ASSESSMENT AND EVALUATION ENHANCE THE EDUCATIONAL PROGRAM. BWCCS PREPARES GRADUATES FOR SUCCESS IN HIGH SCHOOL, COLLEGE AND BEYOND BY DEVELOPING INDEPENDENT THINKERS AND ACTIVE CITIZENS.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE SCHOOL IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND FROM STATE INCOME TAXES. AS A NOT-FOR-PROFIT ENTITY, THE SCHOOL IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. THE SCHOOL RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE, THE SCHOOL ASSESSES THE LIKELIHOOD, BASED ON ITS TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND HAS CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAXING AUTHORITIES FOR YEARS BEFORE 2008.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
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IRS990ScheduleD/OtherAssets/Description0DUE FROM TEACHERS' RETIREMENT SYSTEM
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IRS990ScheduleE/ComplianceWithRevProc755001
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0AS DEFINED IN OUR CHARTER, BWCCS IS A CHARTER SCHOOL AND IS OPEN TO ALL STUDENTS.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1REVENUES FROM THE STATE AND LOCAL GOVERNMENTS RESULTING FROM THE SCHOOL'S CHARTER STATUS AND BASED ON THE NUMBER OF STUDENTS ENROLLED IS RECORDED WHEN SERVICES ARE PERFORMED IN ACCORDANCE WITH THE CHARTER AGREEMENT. STATE FUNDS OBLIGATED UNDER A SUBGRANT AGREEMENT WITH THE STATE EDUCATION DEPARTMENT OF THE UNIVERSITY OF THE STATE OF NEW YORK ARE RECORDED BY THE SCHOOL WHEN EXPENDITURES ARE INCURRED AND BILLABLE.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 6
IRS990ScheduleE/GovernmentFinancialAidReceived01
IRS990ScheduleE/GovernmentFinancialAidRevoked00
IRS990ScheduleE/MaintCopiesOfAllSolicitations01
IRS990ScheduleE/MaintCopiesOfBrochuresEtc01
IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords01
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia00
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990OfOtherOrganizations0X
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE FORMER PRINCIPAL, TIMOTHY GEMBKA, RECEIVED A SEVERANCE PAYMENT OF $134,033.
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 4A
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0TIMOTHY GEMBKA
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg034849
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg0134033
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0168882
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00

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