Civic Intelligence

The Child School-Legacy High School

EIN 13-2785566 • 501(c)3 • Roosevelt Island, NY

Profile

The child school was created to serve the needs of children with developmental disabilities and their families through a supportive, therapeutic academic community. Our goal is to motivate and prepare each student to perform at his or her maximum potential in order to function independently throughout his or her lifetime, thereby becoming a contributing member of society.

Refreshing map…

587 Main StreetRoosevelt Island, NY 10044

thechildschool.org

Siviq Scores

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

Liabilities / Assets

88th percentile

0.99x

Higher debt load relative to assets than 88% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

1.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2024

Net Margin

44th percentile

1.5%

Higher net margin than 44% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$336,349

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

NTEE B • $10M-$25M nonprofits • Source year 2024

Asset Growth

19th percentile

-5.9%

Faster asset growth than 19% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-2.0%

Faster revenue growth than 24% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$12,412,002

Down $775,620 (-5.9%) from 2023

Liabilities

Down

$12,290,481

Down $1,053,073 (-7.9%) from 2023

Net Assets

Up

$121,521

Up $277,453 (+178%) from 2023

Revenue

Down

$12,136,685

Down $246,689 (-2.0%) from 2023

Expenses

Up

$11,958,308

Up $212,720 (+1.8%) from 2023

Net Income

Down

$178,377

Down $459,409 (-72%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2010: $21,323,863Liabilities 2010: $20,880,403Net Assets 2010: $443,4602010Assets 2011: $20,449,788Liabilities 2011: $21,502,986Net Assets 2011: -$1,053,1982011Assets 2012: $18,374,959Liabilities 2012: $20,263,762Net Assets 2012: -$1,888,8032012Assets 2013: $17,327,479Liabilities 2013: $19,570,781Net Assets 2013: -$2,243,3022013Assets 2014: $16,637,504Liabilities 2014: $18,795,648Net Assets 2014: -$2,158,1442014Assets 2015: $14,638,347Liabilities 2015: $16,485,240Net Assets 2015: -$1,846,8932015Assets 2016: $14,674,173Liabilities 2016: $16,292,556Net Assets 2016: -$1,618,3832016Assets 2017: $12,187,947Liabilities 2017: $13,443,313Net Assets 2017: -$1,255,3662017Assets 2018: $12,478,655Liabilities 2018: $13,607,615Net Assets 2018: -$1,128,9602018Assets 2019: $11,735,091Liabilities 2019: $12,746,356Net Assets 2019: -$1,011,2652019Assets 2020: $11,612,337Liabilities 2020: $12,599,973Net Assets 2020: -$987,6362020Assets 2021: $14,318,772Liabilities 2021: $15,239,116Net Assets 2021: -$920,3442021Assets 2022: $13,497,584Liabilities 2022: $14,349,911Net Assets 2022: -$852,3272022Assets 2023: $13,187,622Liabilities 2023: $13,343,554Net Assets 2023: -$155,9322023Assets 2024: $12,412,002Liabilities 2024: $12,290,481Net Assets 2024: $121,5212024

Highlighted filing

2024

Assets$12,412,002
Liabilities$12,290,481
Net Assets$121,521

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $8,315,7312010Expenses 2011: $9,931,6582011Expenses 2012: $13,068,9842012Revenue 2013: $13,591,632Expenses 2013: $13,942,931Net Income 2013: -$351,2992013Revenue 2014: $11,361,096Expenses 2014: $11,278,021Net Income 2014: $83,0752014Revenue 2015: $11,670,255Expenses 2015: $11,356,976Net Income 2015: $313,2792015Revenue 2016: $11,024,802Expenses 2016: $10,797,177Net Income 2016: $227,6252016Revenue 2017: $11,007,260Expenses 2017: $10,644,582Net Income 2017: $362,6782017Revenue 2018: $11,590,679Expenses 2018: $11,485,350Net Income 2018: $105,3292018Revenue 2019: $11,817,312Expenses 2019: $11,735,853Net Income 2019: $81,4592019Revenue 2020: $11,595,372Expenses 2020: $11,591,942Net Income 2020: $3,4302020Revenue 2021: $11,526,847Expenses 2021: $11,467,905Net Income 2021: $58,9422021Revenue 2022: $11,376,145Expenses 2022: $11,302,878Net Income 2022: $73,2672022Revenue 2023: $12,383,374Expenses 2023: $11,745,588Net Income 2023: $637,7862023Revenue 2024: $12,136,685Expenses 2024: $11,958,308Net Income 2024: $178,3772024

Highlighted filing

2024

Revenue$12,136,685
Expenses$11,958,308
Net Income$178,377

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$12.3$0.12$12.1$12.0$0.18
2023Detailed filing. Detailed filing data is available for this year.$13.2$13.3$0.16$12.4$11.7$0.64
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$14.3$0.85$11.4$11.3$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$15.2$0.92$11.5$11.5$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$12.6$0.99$11.6$11.6$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$12.7$1.01$11.8$11.7$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$13.6$1.13$11.6$11.5$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$13.4$1.26$11.0$10.6$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$16.3$1.62$11.0$10.8$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$16.5$1.85$11.7$11.4$0.31
2014Detailed filing. Detailed filing data is available for this year.$16.6$18.8$2.16$11.4$11.3$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$19.6$2.24$13.6$13.9$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.4$20.3$1.89$13.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$21.5$1.05$9.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$20.9$0.44$8.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$12,136,685
Mission and Program Overview

Mission

The child school was created to serve the needs of children with developmental disabilities and their families through supportive, therapeutic academic community.

The child school was created to serve the needs of children with developmental disabilities and their families through a supportive, therapeutic, academic community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,319,495$4,803,439▼ $516,056
Investments in Publicly Traded Securities$1,916,701$2,026,197▲ $109,496
Cash and Non-Interest-Bearing Accounts$2,020,212$1,456,720▼ $563,492
Accounts Receivable$827,499$1,116,945▲ $289,446
Savings and Temporary Cash Investments$93,636$119,058▲ $25,422
Prepaid Expenses and Deferred Charges$60,421$61,190▲ $769
Pledges and Grants Receivable$737--
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$13,187,622$12,412,002▼ $775,620
Other Assets Total$2,948,921$2,828,453▼ $120,468
Liabilities
Tax Exempt Bond Liabilities$9,360,199$8,696,445▼ $663,754
Other Liabilities$3,010,469$2,658,000▼ $352,469
Accounts Payable and Accrued Expenses$972,886$936,036▼ $36,850
Total Liabilities$13,343,554$12,290,481▼ $1,053,073
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-155,932$121,521▲ $277,453
Total Net Assets Fund Balance$-155,932$121,521▲ $277,453
Total Liabilities and Net Assets / Fund Balance$13,187,622$12,412,002▼ $775,620

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$4,772,575$9,996,571$14,769,146
Equipment$30,864$1,597,966$1,628,830
Other Assets Org$105,393--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vishu GroverExecutive DirectorFT$307,780$28,569$336,349
Curtis NewmanCFOFT$213,081$22,570$235,651
Michelle HagonHigh School DirectorFT$137,233$11,491$148,724
Nicole VaccaroElementary School Director (Left 1/2024)FT$104,846$12,150$116,996
Edlynne SafiMiddle School DirectorFT$104,666$2,772$107,438

Board Members and Trustees

NameTitle
Michael PattersonChair
Brian O'ReillyBoard member
Gary a Rome EsqBoard Member
George SitarisBoard Member
Lisa S LimBoard Member
Rabbi Joseph PotasnikBoard Member
Vincent M TheurerBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Therapeutic Resources Physical OT & Speech TherapyRelated Services (OT, PT, SL)200 East 69th street, Suite 2S, New York, NY 10021$521,910
Sunbelt Staffing LLCStaffing3687 Tampa Road, Suite 200, Oldsmar, FL 34677$254,379
Forvis LLPAudit And Accounting Services135 W 50th St, New York, NY 10020$135,386
Revenue and Support

Revenue Composition

Contributions and Grants
$370,739
Program Service Revenue
$11,762,995
Investment Income
$2,951
Other Revenue
$0
All Other Contributions
$68,567
Change in Net Assets
$178,377

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,136,685
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$99,076
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$12,235,761
Total Revenue per Form 990
$12,136,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,600,709
Other Expenses$4,357,599
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,788,985$390,801-$5,179,786
Occupancy$1,567,449$48,478-$1,615,927
Other Employee Benefits$873,423$128,859-$1,002,282
Office Expenses$944,831$46,501-$991,332
Fees for Services Other$800,953$0$0$800,953
Current Officers, Directors, Trustees, and Key Employees-$572,514-$572,514
Depreciation Depletion$551,715$17,063-$568,778
Payroll Taxes$366,357$68,880-$435,237
Pension Plan Contributions$373,747$37,143-$410,890
Insurance$171,978$5,257-$177,235
Fees for Services Accounting-$115,893-$115,893
Other Expenses$33,405$6,111-$39,516
Fees for Services Legal-$30,128-$30,128
Advertising-$12,700-$12,700
Travel$1,740$3,397-$5,137
Total Functional Expenses$10,474,583$1,483,725$0$11,958,308

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,958,308
Total Expenses per Audited Statements$11,958,308
Total Expenses per Form 990$11,958,308
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liabilities$2,658,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
ANyc Industrial Development Agency2003-04-23$18,250,000Financing the refurbishment and eq

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,250,000$0$9,553,555$736,574

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

The completed 990 was reviewed by the cfo and executive director. A draft of the form 990 was issued to the board members for final review before it was filed with the irs. Any issues that arose were forwarded to the accountants and the form was reviewed again by the board members.

Form 990, Part VI, Line 12C Conflict of interest policy

Annually the child school provides all stake-holders for the child school with a conflict of interest policy. They read it, sign the disclosure statement, and then return it to the board. If information constitutes conflict of interest, the board then evaluates the disclosure to see how it conflicts with specific responsibilities. If possible, the board will collect additional information to assess the seriousness of possible harm. If conflict elimination is necessary, then management would monitor conflict elimination and assess adherence. If elimination is not necessary, then management will devise and implement a plan to manage conflict. If there is compliance, management will determine the nature of compliance and implement a response.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The executive director's salary is reviewed and determined by the board. Comparable data used in determining compensation includes nys doe compensation schedules. This process was last performed in july 2024.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The cfo's salary was last reviewed by the executive director and board of directors in july of 2024.

Form 990, Part VI, Line 19 Required documents available to the public

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Child School-legacy High School
EIN
13-2785566
Phone
2122235055
Address
587 MAIN STREET, ROOSEVELT ISLAND, NY 10044

Signing Officer

Name
Curtis Newman
Title
CFO
Phone
2122235055
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1973
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
7
Employees
100
Volunteers
7

Preparer

Firm
Forvis Mazars LLP
Address
135 West 50th Street, New York, NY 10020
Preparer
Aaron Shapiro
Phone
2128127000
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 ASC 740 FOOTNOTE

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Raw XML AppendixShowing 400 of 683 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/AccountsReceivableGrp/EOYAmt01116945
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