Civic Intelligence

Village Community School

EIN 13-2663331 • 501(c)3 • New York, NY

Profile

Since its founding in 1970, village community school's goal has been to develop self-motivated students who view learning as an exciting and rewarding process that will continue throughout their lives. We strive to be a diverse community where equity, justice and excellence are interdependent, and children become effective citizens, with the ability to make meaningful contributions.

Refreshing map…

272 West 10th StreetNew York, NY 10014

www.vcsnyc.org

Siviq Scores

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

Liabilities / Assets

56th percentile

0.42x

Higher debt load relative to assets than 56% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

1.36x

Higher debt load relative to revenue than 66% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Net Margin

50th percentile

2.1%

Higher net margin than 50% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

87th percentile

$600,548

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

NTEE B • $50M-$100M nonprofits • Source year 2025

Asset Growth

45th percentile

2.5%

Faster asset growth than 45% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

33rd percentile

-0.6%

Faster revenue growth than 33% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$68,609,223

Up $646,821 (+1.0%) from 2023

Liabilities

Down

$29,656,401

Down $204,556 (-0.7%) from 2023

Net Assets

Up

$38,952,822

Up $851,377 (+2.2%) from 2023

Revenue

Up

$22,033,261

Up $2,082,800 (+10%) from 2023

Expenses

Up

$21,737,386

Up $1,129,960 (+5.5%) from 2023

Net Income

Up

$295,875

Up $952,840 (+145%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $28,174,817Liabilities 2011: $11,366,509Net Assets 2011: $16,808,3082011Assets 2012: $30,059,538Liabilities 2012: $12,304,303Net Assets 2012: $17,755,2352012Assets 2013: $32,087,542Liabilities 2013: $12,151,931Net Assets 2013: $19,935,6112013Assets 2014: $34,165,133Liabilities 2014: $12,505,083Net Assets 2014: $21,660,0502014Assets 2015: $36,562,535Liabilities 2015: $13,129,586Net Assets 2015: $23,432,9492015Assets 2016: $34,004,522Liabilities 2016: $13,515,268Net Assets 2016: $20,489,2542016Assets 2017: $36,575,782Liabilities 2017: $13,325,901Net Assets 2017: $23,249,8812017Assets 2018: $44,194,695Liabilities 2018: $13,364,579Net Assets 2018: $30,830,1162018Assets 2019: $46,652,896Liabilities 2019: $12,841,621Net Assets 2019: $33,811,2752019Assets 2020: $71,439,499Liabilities 2020: $35,528,480Net Assets 2020: $35,911,0192020Assets 2021: $75,914,885Liabilities 2021: $37,994,179Net Assets 2021: $37,920,7062021Assets 2022: $70,966,980Liabilities 2022: $33,310,832Net Assets 2022: $37,656,1482022Assets 2023: $67,962,402Liabilities 2023: $29,860,957Net Assets 2023: $38,101,4452023Assets 2024: $68,609,223Liabilities 2024: $29,656,401Net Assets 2024: $38,952,8222024

Highlighted filing

2024

Assets$68,609,223
Liabilities$29,656,401
Net Assets$38,952,822

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $11,546,8672011Revenue 2012: $13,560,341Expenses 2012: $12,564,975Net Income 2012: $995,3662012Revenue 2013: $14,604,289Expenses 2013: $12,479,435Net Income 2013: $2,124,8542013Revenue 2014: $15,192,612Expenses 2014: $13,873,462Net Income 2014: $1,319,1502014Revenue 2015: $16,802,037Expenses 2015: $14,861,778Net Income 2015: $1,940,2592015Revenue 2016: $17,420,725Expenses 2016: $15,920,024Net Income 2016: $1,500,7012016Revenue 2017: $19,178,621Expenses 2017: $16,801,819Net Income 2017: $2,376,8022017Revenue 2018: $25,747,886Expenses 2018: $18,232,802Net Income 2018: $7,515,0842018Revenue 2019: $20,940,610Expenses 2019: $18,772,930Net Income 2019: $2,167,6802019Revenue 2020: $20,202,832Expenses 2020: $18,422,669Net Income 2020: $1,780,1632020Revenue 2021: $19,401,074Expenses 2021: $19,047,965Net Income 2021: $353,1092021Revenue 2022: $22,510,782Expenses 2022: $19,738,427Net Income 2022: $2,772,3552022Revenue 2023: $19,950,461Expenses 2023: $20,607,426Net Income 2023: -$656,9652023Revenue 2024: $22,033,261Expenses 2024: $21,737,386Net Income 2024: $295,8752024

Highlighted filing

2024

Revenue$22,033,261
Expenses$21,737,386
Net Income$295,875

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$68.6$29.7$39.0$22.0$21.7$0.30
2023Detailed filing. Detailed filing data is available for this year.$68.0$29.9$38.1$20.0$20.6$0.66
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$71.0$33.3$37.7$22.5$19.7$2.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.9$38.0$37.9$19.4$19.0$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.4$35.5$35.9$20.2$18.4$1.78
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$12.8$33.8$20.9$18.8$2.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.2$13.4$30.8$25.7$18.2$7.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.6$13.3$23.2$19.2$16.8$2.38
2016Detailed filing. Detailed filing data is available for this year.$34.0$13.5$20.5$17.4$15.9$1.50
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.6$13.1$23.4$16.8$14.9$1.94
2014Detailed filing. Detailed filing data is available for this year.$34.2$12.5$21.7$15.2$13.9$1.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.1$12.2$19.9$14.6$12.5$2.12
2012Summary only. Only limited summary data is available for this year.$30.1$12.3$17.8$13.6$12.6$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.2$11.4$16.8$11.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 10, 2025
Return Version
2023v6.0
Gross Receipts
$35,843,708
Mission and Program Overview

Mission

To develop self-motivated students who value the process of learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$39,901,755$38,520,312▼ $1,381,443
Investments in Publicly Traded Securities$19,646,244$21,430,928▲ $1,784,684
Cash and Non-Interest-Bearing Accounts$7,158,261$7,463,306▲ $305,045
Prepaid Expenses and Deferred Charges$400,709$630,023▲ $229,314
Savings and Temporary Cash Investments$303,162$314,699▲ $11,537
Accounts Receivable$83,878$144,222▲ $60,344
Pledges and Grants Receivable$460,892$99,733▼ $361,159
Other Notes and Loans Receivable, Net$7,501$6,000▼ $1,501
Total Assets$67,962,402$68,609,223▲ $646,821
Liabilities
Tax Exempt Bond Liabilities$19,586,316$19,053,108▼ $533,208
Deferred Revenue$8,762,656$8,743,019▼ $19,637
Accounts Payable and Accrued Expenses$1,285,585$1,637,874▲ $352,289
Unsecured Notes Loans Payable$226,400$222,400▼ $4,000
Total Liabilities$29,860,957$29,656,401▼ $204,556
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,363,168$35,337,732▲ $974,564
Net Assets With Donor Restrictions$3,738,277$3,615,090▼ $123,187
Total Net Assets Fund Balance$38,101,445$38,952,822▲ $851,377
Total Liabilities and Net Assets / Fund Balance$67,962,402$68,609,223▲ $646,821

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$35,133,384$15,407,531$50,540,915
Equipment$2,886,267$2,374,709$5,260,976
Land$500,661-$500,661

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$10,333,560$34,550▲ $1,372,490$372,907$11,367,693
2022$9,477,074$264,562▲ $935,406$343,482$10,333,560
2021$10,413,520$846,104▼ $1,467,166$315,384$9,477,074
2020$8,050,775$473,885▲ $2,164,407$275,547$10,413,520
2019$7,417,728$596,836▲ $283,723$247,512$8,050,775
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jen MitchellHead of SchoolFT$439,620$56,108$495,728
Leslie JohnsonAssoc. Head of School for Finance & Op.FT$310,491$50,718$361,209
Dinesh KripalaniDirector of AdvancementFT$272,931$16,397$289,328
Jessica RomeroAsst. Head of School & Upper School DirectorFT$230,677$41,475$272,152
Sarah Williamson-broadmanLower School DirectorFT$204,489$41,333$245,822
Jill Kaplan-grossDirector of TechnologyFT$179,621$30,604$210,225
William HillDirector of High School PlacementFT$164,017$24,256$188,273
Helen HuangBoard Member / StaffFT$129,649$25,955$155,604
Richard Rodriguez DouglassBoard Member / StaffFT$104,686$11,096$115,782

Board Members and Trustees

NameTitle
Corrente SchanklerBoard Member / Board Chair
Meryl LevinBoard Vice Chair
Anikka LebronBoard Member
Christopher KiplokBoard Member
Craig SchlangerBoard Member
David AmsterdamBoard Member
Dinkar JetleyBoard Member
Eshan PonnaduraiBoard Member
Eunu ChunBoard Member
Folake Akinola-pinardBoard Member
Grant FrankelBoard Member
Jim TaylorBoard Member
Jiyeun LeeBoard Member
Scott GreederBoard Member
Locksley GreenSecretary
Thomas NakiosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,701,942
Program Service Revenue
$18,971,804
Investment Income
$946,665
Other Revenue
$412,850
All Other Contributions
$1,315,337
Change in Net Assets
$295,875

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded13$73,353Comparable Sales
Total Noncash Contributions13$73,353-

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,279,786
Revenue Not Reported on Financial Statements
$2,753,475
Revenue Not Reported on Form 990
$998,888
Other Revenue Adjustments
$2,714,198
Total Revenue per Audited Statements
$20,278,674
Total Revenue per Form 990
$22,033,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,311,762
Other Expenses$6,711,426
Grants and Similar Amounts Paid$2,714,198
Total Fundraising Expense$1,126,951
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,261,991$505,223$516,110$8,283,324
Grants to Domestic Individuals$2,714,198--$2,714,198
Depreciation Depletion$1,674,611$243,099$123,148$2,040,858
Other Employee Benefits$1,261,148$222,392$78,709$1,562,249
Current Officers, Directors, Trustees, and Key Employees$554,609$644,649$59,035$1,258,293
Occupancy$793,139$114,593$58,050$965,782
Payroll Taxes$539,044$95,056$33,642$667,742
Office Expenses$413,468$85,610$81,438$580,516
Pension Plan Contributions$436,047$76,893$27,214$540,154
Information Technology$213,899$237,414$46,389$497,702
Interest-$497,011-$497,011
Insurance$250,557$87,527$18,369$356,453
Fees for Services Other$180,428$102,723$15,594$298,745
Other Expenses$177,268$9,352$66,286$252,906
Advertising-$197,604-$197,604
Fees for Services Legal-$172,455-$172,455
Fees for Services Accounting-$79,929-$79,929
Conferences and Meetings$36,474$7,879$950$45,303
Travel$26,106$12,468$2,017$40,591
Fees for Service Investment Mgmnt Fees-$39,277-$39,277
Total Functional Expenses$17,179,281$3,431,154$1,126,951$21,737,386

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,737,386
Total Expenses per Audited Statements$19,427,297
Expenses per Audited Statements$18,983,911
Expenses Not Reported on Financial Statements$2,753,475
Other Expense Adjustments$2,714,198
Expenses Not Reported on Form 990$443,386
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$61,611
Fundraising Gross Income$61,611
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Soiree$79,200$61,611$6,700$54,911
Total Events$79,200$61,611$61,611$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABuild Nyc Resource Corporation2019-10-03$21,000,000Bond repayment/school expansion

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$21,000,000--$538,257

Bond Financing Compliance

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

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership: current parents and staff of the school and current board members are members of the organization.

Form 990, Part VI, Section A, Line 7B

Governance decisions: membership approval is required for amendments to the by-laws; each family and each staff member have one vote.

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

Review of the form 990: the form 990 is distributed to a subcommittee of the full board of trustees for review and then the reviewed 990 is distributed to the full board for approval prior to filing with the internal revenue service.

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

Conflict of interest statements are distributed annually for completion to all trustees and officers and are returned in a timely manner.

Form 990, Part VI, Section B, Line 15

Executive compensation: the head of school's salary is determined by a subcommittee of the board headed by the chair of the board of trustees. Comparables from national association of independent schools, national business officers association, and 990's are researched for all senior positions and they are reviewed by the head of school and discussed with the chair. The associate head of school for finance & operations maintains a file each year. The head of school's contract is usually for a term of 2 years; top administrators' salaries are reviewed annually and are determined by the head of school as stated above, along with budget limitations set by the board. The board's goal in setting these salaries are to have them at the mean or slightly above the mean paid at comparable schools. This process was last done in 2023.

Form 990, Part VI, Section C, Line 19

Availability of documents: the school makes the form 990 and other documents required by law or regulation to be made available to the public upon request. The school also publishes an annual report that is mailed to members of the community.

Filing and Contact Details

Filer

Filer Name
Village Community School
EIN
13-2663331
Phone
2126915146
Address
272 WEST 10TH STREET, NEW YORK, NY 10014

Signing Officer

Name
Leslie Johnson
Title
Assoc. Head of School for Finance & Op.
Phone
2126915146
Signed
2025-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jen Mitchell
Formed
1970
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
16
Employees
145
Volunteers
90

Preparer

Firm
Eisner Advisory Group LLC
Address
733 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Timothy Schroeder
Phone
2129498700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Village community school develops self-motivated students who value the challenging and rewarding process of learning as an integral part of life. We choose to be a diverse community where equity, creativity and critical thinking are essential to the rigorous education we provide. Our graduates are skilled and confident, able to advocate for themselves and others. They are well prepared for high school and for their futures in an increasingly complex and dynamic world. Village community school is strengthened and enriched by the diversity of our students, families, and staff. We are committed to cultivating intellectual, social and emotional growth in an inclusive environment where diverse experiences and perspectives are essential to the rigorous education we provide.

FORM 990, PART XI, LINE 9:

Loss on uncollectible pledges -339,518.

Financial Statement Notes

PART V, LINE 4:

The school's endowment consists of both individual donor-restricted funds and funds designated by the board of trustees to function as endowment. The endowment funds of the school are intended to be used to support its long-term mission.

PART X, LINE 2:

The school is subject to the provisions of the financial accounting standards board's (the "fasb") accounting standards codification ("asc") topic 740, income taxes, as it relates to accounting and reporting for uncertainty in income taxes. Because of the school's general tax-exempt status, asc topic 740 has not had, and is not expected to have, a material impact on the school's financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 103,868.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Scholarships / tuition assistance 2,714,198.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Uncollectible pledges 339,518. Rental expenses 103,868.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarships / tuition assistance 2,714,198.

Raw XML AppendixShowing 400 of 884 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/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.50
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IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR OF ADVANCEMENT
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