Civic Intelligence

Manhattan Country School Inc

EIN 13-2546971 • 501(c)3 • New York, NY

Profile

Reflecting the vision of the civil rights movement, manhattan country school teaches students in a community with no racial majority and broad economic diversity. Our goals for students are academic excellence, intellectual freedom, social awareness, self-confidence, and first hand knowledge of the natural world. Manhattan country school is unique among nyc independent schools in having a 180 acre working farm integral to the curriculum and a sliding scale for tuition.

Refreshing map…

150 West 85th StreetNew York, NY 10024

www.manhattancountryschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.71x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

3.23x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

9th percentile

-28%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

38th percentile

$210,195

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

18th percentile

-3.6%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-20%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Down

$40,989,753

Down $1,512,413 (-3.6%) from 2022

Liabilities

Up

$28,905,070

Up $989,864 (+3.5%) from 2022

Net Assets

Down

$12,084,683

Down $2,502,277 (-17%) from 2022

Revenue

Down

$8,954,146

Down $2,259,323 (-20%) from 2022

Expenses

Up

$11,456,423

Up $70,375 (+0.6%) from 2022

Net Income

Down

-$2,502,277

Down $2,329,698 (-1350%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $8,804,659Liabilities 2011: $1,907,317Net Assets 2011: $6,897,3422011Assets 2012: $8,298,283Liabilities 2012: $2,046,267Net Assets 2012: $6,252,0162012Assets 2013: $8,148,281Liabilities 2013: $2,311,255Net Assets 2013: $5,837,0262013Assets 2014: $7,984,380Liabilities 2014: $2,429,475Net Assets 2014: $5,554,9052014Assets 2015: $40,353,454Liabilities 2015: $33,214,173Net Assets 2015: $7,139,2812015Assets 2016: $46,296,797Liabilities 2016: $26,148,899Net Assets 2016: $20,147,8982016Assets 2017: $44,857,617Liabilities 2017: $26,865,276Net Assets 2017: $17,992,3412017Assets 2018: $44,754,069Liabilities 2018: $27,764,297Net Assets 2018: $16,989,7722018Assets 2019: $43,635,943Liabilities 2019: $28,342,652Net Assets 2019: $15,293,2912019Assets 2020: $43,129,219Liabilities 2020: $29,650,055Net Assets 2020: $13,479,1642020Assets 2021: $44,093,729Liabilities 2021: $29,334,190Net Assets 2021: $14,759,5392021Assets 2022: $42,502,166Liabilities 2022: $27,915,206Net Assets 2022: $14,586,9602022Assets 2023: $40,989,753Liabilities 2023: $28,905,070Net Assets 2023: $12,084,6832023

Highlighted filing

2023

Assets$40,989,753
Liabilities$28,905,070
Net Assets$12,084,683

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $4,423,351Expenses 2011: $5,171,218Net Income 2011: -$747,8672011Revenue 2012: $5,068,902Expenses 2012: $5,503,533Net Income 2012: -$434,6312012Revenue 2013: $5,029,136Expenses 2013: $5,771,706Net Income 2013: -$742,5702013Revenue 2014: $6,822,823Expenses 2014: $6,413,649Net Income 2014: $409,1742014Revenue 2015: $7,493,047Expenses 2015: $7,980,977Net Income 2015: -$487,9302015Revenue 2016: $24,232,420Expenses 2016: $10,964,198Net Income 2016: $13,268,2222016Revenue 2017: $7,300,730Expenses 2017: $9,088,382Net Income 2017: -$1,787,6522017Revenue 2018: $8,902,758Expenses 2018: $9,915,339Net Income 2018: -$1,012,5812018Revenue 2019: $8,826,582Expenses 2019: $10,502,071Net Income 2019: -$1,675,4892019Revenue 2020: $9,252,248Expenses 2020: $11,066,375Net Income 2020: -$1,814,1272020Revenue 2021: $11,269,443Expenses 2021: $9,989,068Net Income 2021: $1,280,3752021Revenue 2022: $11,213,469Expenses 2022: $11,386,048Net Income 2022: -$172,5792022Revenue 2023: $8,954,146Expenses 2023: $11,456,423Net Income 2023: -$2,502,2772023

Highlighted filing

2023

Revenue$8,954,146
Expenses$11,456,423
Net Income-$2,502,277

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$41.0$28.9$12.1$8.95$11.5$2.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.5$27.9$14.6$11.2$11.4$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.1$29.3$14.8$11.3$9.99$1.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.1$29.7$13.5$9.25$11.1$1.81
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.6$28.3$15.3$8.83$10.5$1.68
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$44.8$27.8$17.0$8.90$9.92$1.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.9$26.9$18.0$7.30$9.09$1.79
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.3$26.1$20.1$24.2$11.0$13.3
2015Detailed filing. Detailed filing data is available for this year.$40.4$33.2$7.14$7.49$7.98$0.49
2014Summary only. Only limited summary data is available for this year.$7.98$2.43$5.55$6.82$6.41$0.41
2013Summary only. Only limited summary data is available for this year.$8.15$2.31$5.84$5.03$5.77$0.74
2012Summary only. Only limited summary data is available for this year.$8.30$2.05$6.25$5.07$5.50$0.43
2011Summary only. Only limited summary data is available for this year.$8.80$1.91$6.90$4.42$5.17$0.75
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$9,044,291
Mission and Program Overview

Mission

Reflecting the vision of the civil rights movement, manhattan country school teaches students in a community with no racial majority and broad economic diversity. Our goals for students are academic excellence, intellectual freedom, social awareness, self-confidence, and first hand knowledge of the natural world. Manhattan country school is unique among nyc independent schools in having a 180 acre working farm integral to the curriculum and a sliding scale for tuition.

Instructional and student activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,330,251$39,790,918▼ $539,333
Pledges and Grants Receivable$665,948$515,948▼ $150,000
Loans From Officers Directors$526,000$500,000▼ $26,000
Accounts Receivable$634,845$338,226▼ $296,619
Cash and Non-Interest-Bearing Accounts$604,615$133,344▼ $471,271
Prepaid Expenses and Deferred Charges$121,605$121,583▼ $22
Savings and Temporary Cash Investments$75,454$89,734▲ $14,280
Total Assets$42,502,166$40,989,753▼ $1,512,413
Other Assets Total$69,448$0▼ $69,448
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,742,860$23,742,860→ $0
Other Liabilities$2,919,417$2,702,541▼ $216,876
Accounts Payable and Accrued Expenses$726,929$1,959,669▲ $1,232,740
Total Liabilities$27,915,206$28,905,070▲ $989,864
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,384,220$7,880,693▼ $2,503,527
Net Assets With Donor Restrictions$4,202,740$4,203,990▲ $1,250
Total Net Assets Fund Balance$14,586,960$12,084,683▼ $2,502,277
Total Liabilities and Net Assets / Fund Balance$42,502,166$40,989,753▼ $1,512,413

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,521,158$4,063,870$22,585,028
Land$21,014,526-$21,014,526
Equipment$255,234$1,135,866$1,391,100

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$3,435,606---$3,435,606
2021$3,435,606---$3,435,606
2020$3,435,606---$3,435,606
2019$3,435,531$75--$3,435,606
2018$3,435,096$435--$3,435,531
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Corey BlayDirectorFT$196,978$13,217$210,195
Akemi SardinhaDirector of AdvancementFT$109,685$41,123$150,808
Maiya JacksonDirector of Upper SchoolFT$120,293$10,968$131,261
John McdanielFarm DirectorFT$101,629$10,968$112,597

Board Members and Trustees

NameTitle
Nadiya KapurAudit Committee Chair
Erika GibsonChair
Roxanne G ElingsVice Chair
Adjowah ScottBoard Member
Adrienne CooperBoard Member
Amani ReedBoard Member
Carlos GarciaBoard Member
Daniela MarkowiczBoard Member
Hope BondBoard Member
Ian JohnstonBoard Member
Kenneth HerreraBoard Member
Maida GalvezBoard Member
Marcin SawickiBoard Member
Michael AronsBoard Member
Ragnar NaessBoard Member
Smita BaligaBoard Member
Sophia MorelBoard Member
Unique BrathwaiteBoard Member
Frank RooseveltHonorary Board Member
Harris FriessAlumni Rep
Surabhi LaiCommunications Committee C
Roxanne LeffSecretary
Alan AltschulerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,240,270
Program Service Revenue
$6,371,336
Investment Income
$0
Other Revenue
$342,540
All Other Contributions
$1,867,740
Change in Net Assets
$-2,502,277

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,954,146
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,954,146
Total Revenue per Form 990
$8,954,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,854,207
Other Expenses$3,602,216
Total Fundraising Expense$119,306
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,659,646$2,527,497$78,459$6,265,602
Other Employee Benefits$490,920$339,049$10,525$840,494
Interest-$759,449-$759,449
Depreciation Depletion-$671,629-$671,629
Payroll Taxes$327,604$226,256$7,023$560,883
All Other Expenses$376,162$162,243$200$538,605
Fees for Services Other-$315,058-$315,058
Pension Plan Contributions$109,357$75,526$2,345$187,228
Other Expenses$15,617$154,618$2,542$170,235
Insurance$8,245$114,045-$122,290
Information Technology-$89,539-$89,539
Office Expenses$8,126$42,532$18,212$68,870
Fees for Services Accounting-$25,000-$25,000
Fees for Services Legal-$3,324-$3,324
Advertising-$2,541-$2,541
Total Functional Expenses$5,282,851$6,054,266$119,306$11,456,423

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,456,423
Total Expenses per Audited Statements$11,456,423
Total Expenses per Form 990$11,456,423
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$90,145
Fundraising Gross Income$57,856
Gaming Gross Income$34,277
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Farm Festival$103,514-$11,853-
Spring Benefit$464,663$57,856-$57,856
Total Events$568,177$57,856$69,709$-11,853
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
Loans from Officers, Directors, Trustees, and Key Employees$526,000$500,000▼ $26,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred School Fees$2,283,886
Deferred Facility Use Agreement Revenue$366,148
Deferred Payroll Taxes Payable - Cares Act$28,355
Deferred Rental Revenue$24,152

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABuild Nyc Resource Corporation2016-04-07$22,000,000Renovation of new school building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$22,000,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is distributed to the finance committee of the board of trustees prior to its filing. The form 990 is available for any other trustee who wishes to see it.

Form 990, Part VI, Section B, Line 12C

A trustee who becomes aware of an actual or potential conflict of interest is required to disclose the material facts about such matter to the executive committee of the board. Failure to identify a conflict of interest may be grounds for removal from the board or office. The executive director of the school is responsible for circulating the conflict of interest policy to all trustees on an annual basis and obtaining their signature.

Form 990, Part VI, Section B, Line 15A

The organization's process for determining the compensation of its executive director includes approval by the compensation committee of the board of trustees (with description of the deliberation and decision documented in the minutes)consisting of independent persons and review of form 990's of other organizations for compensation of individuals in similar positions.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Manhattan Country School Inc
EIN
13-2546971
Phone
2123480952
Address
150 WEST 85TH STREET, NEW YORK, NY 10024

Signing Officer

Name
Smita Baliga
Title
Trustee
Phone
2123480952
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Smita Baliga
Formed
1966
Legal Domicile
Ny
Voting Board Members
23
Independent Board Members
23
Employees
143
Volunteers
0

Preparer

Firm
Weaver and Tidwell Llp
Address
ONE PENNSYLVANIA PLAZA SUITE 3200, NEW YORK, NY 10119
Preparer
Peter Metz CPA
Phone
2126955003
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process for the selection of the school's independent auditor has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The school has been determined by the internal revenue service (the "irs") to be a section 501(c)(3) educational organization exempt from federal income taxes. As such, contributions to the school entitle donors to the maximum charitable contribution deduction allowed under the internal revenue code (the "irc"). The school files an annual form 990, return of organization exempt from income tax, with the irs. At june 30, 2023, the school's form 990s for the years 2019 through 2022 remain eligible for examination by the irs.

Raw XML AppendixShowing 400 of 804 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
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IRS990/AccountsReceivableGrp/EOYAmt0338226
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IRS990/ActivityOrMissionDesc0INSTRUCTIONAL AND STUDENT ACTIVITIES
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02541
IRS990/AdvertisingGrp/TotalAmt02541
IRS990/AllOtherContributionsAmt01867740
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07 EAST 96TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF ADVANCEMENT
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IRS990/MissionDesc0REFLECTING THE VISION OF THE CIVIL RIGHTS MOVEMENT, MANHATTAN COUNTRY SCHOOL TEACHES STUDENTS IN A COMMUNITY WITH NO RACIAL MAJORITY AND BROAD ECONOMIC DIVERSITY. OUR GOALS FOR STUDENTS ARE ACADEMIC EXCELLENCE, INTELLECTUAL FREEDOM, SOCIAL AWARENESS, SELF-CONFIDENCE, AND FIRST HAND KNOWLEDGE OF THE NATURAL WORLD. MANHATTAN COUNTRY SCHOOL IS UNIQUE AMONG NYC INDEPENDENT SCHOOLS IN HAVING A 180 ACRE WORKING FARM INTEGRAL TO THE CURRICULUM AND A SLIDING SCALE FOR TUITION.
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