Civic Intelligence

Community Partnership Charter School Education Corporation

990 • Fiscal year 2012 • EIN 13-4120509

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 08, 2013

241 Emerson Place No 10111205
Siviq Scores

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

Liabilities / Assets

36th percentile

0.14x

Higher debt load relative to assets than 36% of similar nonprofits.

2012 filings • NTEE B • $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

65th percentile

8.3%

Faster asset growth than 65% of similar nonprofits.

2012 filings • NTEE B • $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

$3,878,829

Up $296,854 (+8.3%) from 2011

Net Assets

Up

$3,321,748

Up $225,444 (+7.3%) from 2011

Liabilities

Up

$557,081

Up $71,410 (+15%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$5,658,395

Up $1,014,373 (+22%) 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.

$80M$60M$40M$20M$0Assets 2011: $3,581,975Liabilities 2011: $485,671Net Assets 2011: $3,096,3042011Assets 2012: $3,878,829Liabilities 2012: $557,081Net Assets 2012: $3,321,7482012Assets 2013: $4,636,042Liabilities 2013: $578,356Net Assets 2013: $4,057,6862013Assets 2014: $4,478,085Liabilities 2014: $598,113Net Assets 2014: $3,879,9722014Assets 2015: $5,213,334Liabilities 2015: $973,394Net Assets 2015: $4,239,9402015Assets 2016: $6,032,047Liabilities 2016: $1,162,130Net Assets 2016: $4,869,9172016Assets 2017: $5,515,056Liabilities 2017: $1,264,850Net Assets 2017: $4,250,2062017Assets 2018: $5,104,211Liabilities 2018: $1,498,764Net Assets 2018: $3,605,4472018Assets 2019: $4,757,410Liabilities 2019: $1,748,600Net Assets 2019: $3,008,8102019Assets 2020: $7,056,497Liabilities 2020: $3,865,198Net Assets 2020: $3,191,2992020Assets 2021: $6,697,823Liabilities 2021: $3,766,055Net Assets 2021: $2,931,7682021Assets 2022: $6,510,233Liabilities 2022: $1,339,826Net Assets 2022: $5,170,4072022Assets 2023: $60,529,718Liabilities 2023: $58,136,668Net Assets 2023: $2,393,0502023Assets 2024: $59,544,466Liabilities 2024: $59,311,818Net Assets 2024: $232,6482024

Highlighted filing

2012

Assets$3,878,829
Liabilities$557,081
Net Assets$3,321,748

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $5,090,195Expenses 2011: $4,644,022Net Income 2011: $446,1732011Expenses 2012: $5,658,3952012Expenses 2013: $5,893,9982013Revenue 2014: $6,448,709Expenses 2014: $6,637,372Net Income 2014: -$188,6632014Revenue 2015: $8,949,481Expenses 2015: $9,273,297Net Income 2015: -$323,8162015Revenue 2016: $11,601,673Expenses 2016: $10,979,091Net Income 2016: $622,5822016Revenue 2017: $11,954,746Expenses 2017: $12,551,444Net Income 2017: -$596,6982017Revenue 2018: $13,286,179Expenses 2018: $13,899,422Net Income 2018: -$613,2432018Revenue 2019: $15,172,339Expenses 2019: $15,823,967Net Income 2019: -$651,6282019Revenue 2020: $16,720,546Expenses 2020: $16,591,580Net Income 2020: $128,9662020Revenue 2021: $17,421,510Expenses 2021: $17,625,284Net Income 2021: -$203,7742021Revenue 2022: $21,639,076Expenses 2022: $19,271,113Net Income 2022: $2,367,9632022Revenue 2023: $24,508,906Expenses 2023: $27,261,213Net Income 2023: -$2,752,3072023Revenue 2024: $27,305,147Expenses 2024: $29,544,764Net Income 2024: -$2,239,6172024

Highlighted filing

2012

Revenue-
Expenses$5,658,395
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 8, 2013
Return Version
2011v1.2
Gross Receipts
$5,877,180
Mission and Program Overview

Mission

At the community partnership charter school education corporation, families, educators and community members join to create a learning environment that fosters high academic achievement which exceeds the new york state learning standards. An enriched curriculum and dynamic partnerships between the school, families and community enable all students to become lifelong learners and active citizens who value kindness and respect.

Filing and Contact Details

Filer

EIN
13-4120509
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IRS990/ActivityOrMissionDescription0TO PROVIDE FREE QUALITY EDUCATION TO CHILDREN OF LARGELY UNDERSERVED SECTIONS OF BKLYN, NY.
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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 ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. UNDER THAT GUIDANCE, THE SCHOOL ASSESSES THE LIKELIHOOD, BASED ON THEIR 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 UNCERTAIN 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:
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IRS990ScheduleE/DiscriminateRaceUseOfFclts00
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0AS DEFINED IN OUR CHARTER, COMMUNITY PARTNERSHIP CHARTER SCHOOL IS A PUBLIC 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
IRS990/ScheduleJRequired00
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction00
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine10CAROL MATTHEWS
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0BD MEM OF CPCS SCHOOL SERVED AS COO OF BWCF. BWCF IS ED MGR CPCS.
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleO/GeneralExplanation/Explanation0THE BEGINNING WITH CHILDREN FOUNDATION PERFORMED ACADEMIC AND BACK OFFICE SUPPORT FUNCTIONS.
IRS990ScheduleO/GeneralExplanation/Explanation1FORM 990 IS PRESENTED, REVIEWED AND APPROVED BY THE BOARD AT A BOARD MEETING PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation2CPCS REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE CODE OF ETHICS (CONFLICT OF INTEREST AND GIFT POLICY) BY REQUIRING OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO COMPLETE AN ANNUAL CODE OF ETHICS DISCLOSURE STATEMENT. BY SIGNING THE ATTESTATION ON THIS STATEMENT, DIRECTORS, OFFICERS AND KEY EMPLOYEES AGREE TO REPORT PROMPTLY, ORALLY OR IN WRITING ANY PRESENT OR FUTURE SITUATION THAT MIGHT INVOLVE OR APPEAR TO INVOLVE THEM OR ANY OF THEIR FAMILY MEMBERS IN ANY POTENTIAL CONFLICT OF INTEREST WITH CPCS AT ANY TIME WHILE THEY ARE A CONNECTED PERSON OF CPCS.
IRS990ScheduleO/GeneralExplanation/Explanation3CPCS' FULL BOARD DESIGNATED THE DIRECTOR REVIEW COMMITTEE TO INVESTIGATE COMPARABLE K-8 PRINCIPAL SALARIES IN BOTH THE INDEPENDENT AND PUBLIC SCHOOL SECTORS LOCATED IN NYC. BASED ON THIS INFORMATION, THE COMMITTEE MADE COMPENSATION RECOMMENDATIONS FOR THE CPCS DIRECTOR. THE CPCS BOARD OF DIRECTORS APPROVED THESE RECOMMENDATIONS AT A FULL BOARD MEETING AS DOCUMENTED IN THE MINUTES OF THAT MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation4CPCS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5NET UNREALIZED GAINS ON INVESTMENTS: 6,659.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XI, LINE 5:
IRS990/ScheduleORequired01
IRS990/School01
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0NY
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10241 EMERSON PLACE ROOM 101
IRS990/TheBooksAreInCareOf/AddressUS/City0BROOKLYN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.5$59.3$0.23$27.3$29.5$2.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.5$58.1$2.39$24.5$27.3$2.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.51$1.34$5.17$21.6$19.3$2.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.70$3.77$2.93$17.4$17.6$0.20
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.06$3.87$3.19$16.7$16.6$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$1.75$3.01$15.2$15.8$0.65
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$1.50$3.61$13.3$13.9$0.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.52$1.26$4.25$12.0$12.6$0.60
2016Detailed filing. Detailed filing data is available for this year.$6.03$1.16$4.87$11.6$11.0$0.62
2015Summary only. Only limited summary data is available for this year.$5.21$0.97$4.24$8.95$9.27$0.32
2014Detailed filing. Detailed filing data is available for this year.$4.48$0.60$3.88$6.45$6.64$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$0.58$4.06$5.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$0.56$3.32$5.66
2011Summary only. Only limited summary data is available for this year.$3.58$0.49$3.10$5.09$4.64$0.45