Civic Intelligence

Village Academies Network Inc

990 • Fiscal year 2017 • EIN 13-4186070

Jul 01, 2016 to Jun 30, 2017 • Filed on May 07, 2018

Organization Profileharlemvillageacademies.org

View Organization Page

35 West 124th StreetNew York, NY 10027

(646) 812-9500

Siviq Scores

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

Liabilities / Assets

56th percentile

0.32x

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

2017 filings • NTEE B • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

3.33x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Source year 2017

Net Margin

47th percentile

2.9%

Higher net margin than 47% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

74th percentile

$561,525

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

34th percentile

0.2%

Faster asset growth than 34% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-2.6%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • NTEE B • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$60,716,071

Up $138,074 (+0.2%) from 2016

Net Assets

Up

$41,523,172

Up $166,608 (+0.4%) from 2016

Liabilities

Down

$19,192,899

Down $28,534 (-0.1%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin47th percentile

Revenue

Down

$5,770,371

Down $151,097 (-2.6%) from 2016

Expenses

Down

$5,603,763

Down $1,993,482 (-26%) from 2016

Net Income

Up

$166,608

Up $1,842,385 (+110%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$80M$60M$40M$20M$0Assets 2010: $22,261,499Liabilities 2010: $2,125,478Net Assets 2010: $20,136,0212010Assets 2011: $23,572,934Liabilities 2011: $2,831,771Net Assets 2011: $20,741,1632011Assets 2012: $40,443,682Liabilities 2012: $8,418,359Net Assets 2012: $32,025,3232012Assets 2013: $62,203,914Liabilities 2013: $19,672,531Net Assets 2013: $42,531,3832013Assets 2014: $61,357,017Liabilities 2014: $18,460,916Net Assets 2014: $42,896,1012014Assets 2015: $63,345,918Liabilities 2015: $20,313,577Net Assets 2015: $43,032,3412015Assets 2016: $60,577,997Liabilities 2016: $19,221,433Net Assets 2016: $41,356,5642016Assets 2017: $60,716,071Liabilities 2017: $19,192,899Net Assets 2017: $41,523,1722017Assets 2018: $57,200,255Liabilities 2018: $15,938,563Net Assets 2018: $41,261,6922018Assets 2019: $56,230,169Liabilities 2019: $15,264,298Net Assets 2019: $40,965,8712019Assets 2020: $55,640,357Liabilities 2020: $15,352,690Net Assets 2020: $40,287,6672020Assets 2021: $59,386,631Liabilities 2021: $13,196,647Net Assets 2021: $46,189,9842021Assets 2022: $57,895,733Liabilities 2022: $13,080,218Net Assets 2022: $44,815,5152022Assets 2023: $54,753,958Liabilities 2023: $12,719,805Net Assets 2023: $42,034,1532023Assets 2024: $53,780,065Liabilities 2024: $12,546,448Net Assets 2024: $41,233,6172024

Highlighted filing

2017

Assets$60,716,071
Liabilities$19,192,899
Net Assets$41,523,172
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,698,2542010Expenses 2011: $3,266,2732011Expenses 2012: $4,079,9882012Revenue 2013: $15,211,483Expenses 2013: $4,705,423Net Income 2013: $10,506,0602013Revenue 2014: $7,868,084Expenses 2014: $7,503,366Net Income 2014: $364,7182014Revenue 2015: $8,837,899Expenses 2015: $8,701,659Net Income 2015: $136,2402015Revenue 2016: $5,921,468Expenses 2016: $7,597,245Net Income 2016: -$1,675,7772016Revenue 2017: $5,770,371Expenses 2017: $5,603,763Net Income 2017: $166,6082017Revenue 2018: $6,841,879Expenses 2018: $7,103,359Net Income 2018: -$261,4802018Revenue 2019: $5,821,884Expenses 2019: $6,117,705Net Income 2019: -$295,8212019Revenue 2020: $4,240,381Expenses 2020: $4,918,586Net Income 2020: -$678,2052020Revenue 2021: $10,349,955Expenses 2021: $4,447,638Net Income 2021: $5,902,3172021Revenue 2022: $4,658,848Expenses 2022: $5,531,948Net Income 2022: -$873,1002022Revenue 2023: $7,083,616Expenses 2023: $9,882,348Net Income 2023: -$2,798,7322023Revenue 2024: $13,651,429Expenses 2024: $11,998,940Net Income 2024: $1,652,4892024

Highlighted filing

2017

Revenue$5,770,371
Expenses$5,603,763
Net Income$166,608
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 7, 2018
Return Version
2016v3.0
Gross Receipts
$15,386,242
Mission and Program Overview

Mission

Promote the common good through the advancement of education for children in disadvantaged and low income communities; such advancement shall include research, development, and training on curriculum and instructional practice, the provision of charitable and educational services, and the design of a model public school system.

To improve public education by developing a model public school system that can be replicated.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$47,437,615$38,496,611▼ $8,941,004
Savings and Temporary Cash Investments$6,784,637$18,001,992▲ $11,217,355
Pledges and Grants Receivable$5,567,137$1,900,813▼ $3,666,324
Accounts Receivable-$500,000-
Prepaid Expenses and Deferred Charges$26,185$82,038▲ $55,853
Cash and Non-Interest-Bearing Accounts$313,367$56,169▼ $257,198
Total Assets$60,577,997$60,716,071▲ $138,074
Other Assets Total$449,056$1,678,448▲ $1,229,392
Liabilities
Unsecured Notes Loans Payable$18,352,500$17,852,500▼ $500,000
Accounts Payable and Accrued Expenses$373,379$819,619▲ $446,240
Grants Payable$495,554$520,780▲ $25,226
Total Liabilities$19,221,433$19,192,899▼ $28,534
Net Assets / Fund Balance
Unrestricted Net Assets$22,606,944$25,852,860▲ $3,245,916
Temporarily Rstr Net Assets$18,749,620$15,670,312▼ $3,079,308
Total Net Assets Fund Balance$41,356,564$41,523,172▲ $166,608
Total Liabilities and Net Assets / Fund Balance$60,577,997$60,716,071▲ $138,074

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$30,801,649$3,114,400$33,916,049
Land$7,555,019-$7,555,019
Other Land Buildings$19,540$196,314$215,854
Equipment$48,280$137,835$186,115
Leasehold Improvements$72,123$98,336$170,459
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
deborah a kennychief executive officerFT$322,566$238,959$561,525
Elissa FishmanCHIEF FINANCE AND ADMIN. OfficerFT$238,437$90,816$329,253
charles kleinVice President of FinanceFT$183,418$38,625$222,043
Donna SantmanAcademic DirectorFT$152,232$22,646$174,878
Ellen RiceAcademic DirectorFT$142,811$18,316$161,127
Elizabeth CraigAcademic DirectorFT$151,035$6,579$157,614
Paul LoMedicoExternal Affairs and AdminFT$143,189$13,865$157,054
Gayle AmatoAdministrative AssistantFT$127,826$15,735$143,561

Board Members and Trustees

NameTitle
jeffrey mayerChairman
john legendvice-chairman
Katie courictrustee
edward lewistrustee
hugh jackmantrustee
jane ochtrustee
jonathan grayTrustee
thomas l kempner jrtrustee
Suna Said Maslintrustee until August 2016
rupert murdochtrustee until May 2017
Robert OllwertherCOO starting Jan. 2017
JEFFREY VerschleiserTreasurer/Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Lavinia Group LLCACADEMIC consultant1 Main Street 5D, BrooKLYN, NY 11201$271,498
Innovative Philanthropy LLCDevelopment Consultant5 HANOVER SQUARE SUITE 2103, new york, NY 10004$126,250
Revenue and Support

Revenue Composition

Contributions and Grants
$4,474,848
Program Service Revenue
$912,000
Investment Income
$607,901
Other Revenue
$-224,378
All Other Contributions
$1,017,885
Change in Net Assets
$166,608

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,770,371
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$497,741
Total Revenue per Audited Statements
$6,268,112
Total Revenue per Form 990
$5,770,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,607,801
Salaries, Compensation, and Employee Benefits$2,234,762
Total Fundraising Expense$967,273
Grants and Similar Amounts Paid$696,200
Professional Fundraising Fees$65,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$800,234$127,465$210,643$1,138,342
Depreciation Depletion$595,286$94,820$156,695$846,801
Other Salaries and Wages$461,705$73,543$121,533$656,781
Grants to Domestic Orgs$650,000--$650,000
Interest$442,825$70,536$116,563$629,924
Office Expenses$147,846$23,550$38,917$210,313
Other Employee Benefits$133,253$21,225$35,076$189,554
Pension Plan Contributions$103,779$16,530$27,317$147,626
Occupancy$96,016$15,294$25,274$136,584
Conferences and Meetings$121,968--$121,968
Payroll Taxes$72,027$11,473$18,959$102,459
Insurance$55,777$8,885$14,682$79,344
Fees for Services Other$50,871$8,103$13,391$72,365
Fees for Services Professional Fundraising--$65,000$65,000
Fees for Services Legal$41,650$6,634$10,963$59,247
Fees for Services Accounting$29,302$16,917$7,713$53,932
Other Expenses$35,440$5,645$9,330$50,415
Grants to Domestic Individuals$46,200--$46,200
Advertising$20,154$3,210$5,305$28,669
Travel$14,999$2,389$3,948$21,336
Total Functional Expenses$4,120,218$516,272$967,273$5,603,763

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,101,504
Expenses per Audited Statements$5,603,763
Total Expenses per Form 990$5,603,763
Expenses Not Reported on Form 990$497,741
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Harlem Village Academy Charter SchoolNew York, NY501(c)(3)to assist with operating costs for the school year 2016-2017.$650,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$341,128
Fundraising Gross Income$116,750
Professional Fundraising Fees$65,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
concert$3,573,713$116,750$139,908$-23,158
Total Events$3,573,713$116,750$341,128$-224,378
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is reviewed by management, and the finance personnel of the board of trustees for approval. If changes are required, the organization will then forward to the auditing firm, and a final version will be distributed to all board members.”

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

“The organization has a conflict of interest policy applicable to all trustees, officers and key employees (if any). ALL applicable individuals ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT ANNUALLY, DISCLOSING ANY possible conflict of interest and be given the opportunity to disclose all material facts to the trustees or committee with Board delegated powers. After disclosure of all material facts, and after any discussions with the interested person, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining, disinterested Trustees or committee members shall decide if a conflict of interest exists. The Board or committee shall determine by a majority vote of the disinterested Trustees or committee members whether a conflict exists. Deliberation and decisions are recorded in the minutes of the board. Annual disclosure statements are reviewed annually by the Audit Committee.”

Form 990, Part VI, Section B, line 15

“Compensation of officers is determined by the board of directors using comparability data, including the form 990s of similarly situated non-profit organizations. The process was last conducted in 2016 and was documented in the board minutes.”

Form 990, Part VI, Section C, line 19

“THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS available upon request. The Form 990 is also available on guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Village Academies Network Inc
EIN
13-4186070
Phone
6468129500
Address
35 WEST 124TH STREET, NEW YORK, NY 10027
Doing Business As
harlem village academies

Signing Officer

Name
chuck klein
Title
vice president of finance
Phone
6468129500
Signed
2018-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
chuck klein
Formed
2001
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
44
Volunteers
11

Preparer

Firm
PKF O'Connor Davies LLP
Address
665 Fifth Avenue, New York, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“THE ORGANIZATION HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Organization recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the Organization had no uncertain tax positions that would require financial statement recognition or disclosure. The Organization is no longer subject to examinations by the applicable taxing jurisdictions for years prior to June 30, 2014.”

Part XI, Line 2D - Other Adjustments:

“Direct cost of special event 341,128.”

Part XII, Line 2D - Other Adjustments:

“Direct cost of special event 341,128.”

Raw XML AppendixShowing 400 of 815 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/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1131356
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1218535
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1340678
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1522556
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt166579
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1713811
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1818069
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1915735
IRS990/Form990PartVIISectionAGrp/PersonNm0jeffrey mayer
IRS990/Form990PartVIISectionAGrp/PersonNm1john legend
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFFREY Verschleiser
IRS990/Form990PartVIISectionAGrp/PersonNm3Katie couric
IRS990/Form990PartVIISectionAGrp/PersonNm4jonathan gray
IRS990/Form990PartVIISectionAGrp/PersonNm5hugh jackman
IRS990/Form990PartVIISectionAGrp/PersonNm6thomas l kempner jr
IRS990/Form990PartVIISectionAGrp/PersonNm7edward lewis
IRS990/Form990PartVIISectionAGrp/PersonNm8Suna Said Maslin
IRS990/Form990PartVIISectionAGrp/PersonNm9rupert murdoch
IRS990/Form990PartVIISectionAGrp/PersonNm10jane och
IRS990/Form990PartVIISectionAGrp/PersonNm11deborah a kenny
IRS990/Form990PartVIISectionAGrp/PersonNm12charles klein
IRS990/Form990PartVIISectionAGrp/PersonNm13ELISSA FISHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14Robert Ollwerther
IRS990/Form990PartVIISectionAGrp/PersonNm15Donna Santman
IRS990/Form990PartVIISectionAGrp/PersonNm16Elizabeth Craig
IRS990/Form990PartVIISectionAGrp/PersonNm17Paul LoMedico
IRS990/Form990PartVIISectionAGrp/PersonNm18Ellen Rice
IRS990/Form990PartVIISectionAGrp/PersonNm19Gayle Amato
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11530169
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12203508
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13288575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15152322
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16151035
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17143243
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18143058
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19127826
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1vice-chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8trustee until August 2016
IRS990/Form990PartVIISectionAGrp/TitleTxt9trustee until May 2017
IRS990/Form990PartVIISectionAGrp/TitleTxt10trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11chief executive officer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice President of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF FINANCE AND ADMIN. Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt14COO starting Jan. 2017
IRS990/Form990PartVIISectionAGrp/TitleTxt15Academic Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Academic Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXTERNAL AFFAIRS AND ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt18Academic Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Administrative Assistant
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt03456963
IRS990/FundraisingDirectExpensesAmt0341128
IRS990/FundraisingGrossIncomeAmt0116750
IRS990/GainOrLossGrp/OtherAmt0592257
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0696200
IRS990/GrantsPayableGrp/BOYAmt0495554
IRS990/GrantsPayableGrp/EOYAmt0520780
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt046200
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt046200
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0650000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0650000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt09867000
IRS990/GrossReceiptsAmt015386242
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt014
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt014682
IRS990/InsuranceGrp/ManagementAndGeneralAmt08885
IRS990/InsuranceGrp/ProgramServicesAmt055777
IRS990/InsuranceGrp/TotalAmt079344
IRS990/InterestGrp/FundraisingAmt0116563
IRS990/InterestGrp/ManagementAndGeneralAmt070536
IRS990/InterestGrp/ProgramServicesAmt0442825
IRS990/InterestGrp/TotalAmt0629924
IRS990/InvestmentIncomeGrp/ExclusionAmt015644
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015644
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt065
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03546885
IRS990/LandBldgEquipBasisNetGrp/BOYAmt047437615
IRS990/LandBldgEquipBasisNetGrp/EOYAmt038496611
IRS990/LandBldgEquipCostOrOtherBssAmt042043496
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt09274743
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Promote the common good through the advancement of education for children in disadvantaged and low income communities; such advancement shall include research, development, and training on curriculum and instructional practice, the provision of charitable and educational services, and the design of a model public school system.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt041356564
IRS990/NetAssetsOrFundBalancesEOYAmt041523172
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0592257
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0592257
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-224378
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-224378
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt025274
IRS990/OccupancyGrp/ManagementAndGeneralAmt015294
IRS990/OccupancyGrp/ProgramServicesAmt096016
IRS990/OccupancyGrp/TotalAmt0136584
IRS990/OfficeExpensesGrp/FundraisingAmt038917
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023550
IRS990/OfficeExpensesGrp/ProgramServicesAmt0147846
IRS990/OfficeExpensesGrp/TotalAmt0210313
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0449056
IRS990/OtherAssetsTotalGrp/EOYAmt01678448
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt035076
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021225
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0133253
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0189554
IRS990/OtherExpensesGrp/Desc0STAFF RECRUITING
IRS990/OtherExpensesGrp/Desc1STUDENT ENRICHMENT
IRS990/OtherExpensesGrp/Desc2other FUNDRAISING EXPEN
IRS990/OtherExpensesGrp/Desc3other expenses
IRS990/OtherExpensesGrp/FundraisingAmt016613
IRS990/OtherExpensesGrp/FundraisingAmt169351
IRS990/OtherExpensesGrp/FundraisingAmt29330
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010053
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15645
IRS990/OtherExpensesGrp/ProgramServicesAmt0137773
IRS990/OtherExpensesGrp/ProgramServicesAmt163113
IRS990/OtherExpensesGrp/ProgramServicesAmt235440
IRS990/OtherExpensesGrp/TotalAmt0137773
IRS990/OtherExpensesGrp/TotalAmt189779
IRS990/OtherExpensesGrp/TotalAmt269351
IRS990/OtherExpensesGrp/TotalAmt350415
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0121533
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt073543
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0461705
IRS990/OtherSalariesAndWagesGrp/TotalAmt0656781
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt018959
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011473
IRS990/PayrollTaxesGrp/ProgramServicesAmt072027
IRS990/PayrollTaxesGrp/TotalAmt0102459
IRS990/PensionPlanContributionsGrp/FundraisingAmt027317
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016530
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0103779
IRS990/PensionPlanContributionsGrp/TotalAmt0147626
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05567137
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01900813
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026185
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082038
IRS990/PrincipalOfficerNm0chuck klein
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income- School
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0912000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0912000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04851813
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0912000
IRS990/PYInvestmentIncomeAmt014424
IRS990/PYOtherExpensesAmt03275009
IRS990/PYOtherRevenueAmt01055231
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1675777
IRS990/PYSalariesCompEmpBnftPaidAmt03345236
IRS990/PYTotalExpensesAmt07597245
IRS990/PYTotalProfFndrsngExpnsAmt065000
IRS990/PYTotalRevenueAmt05921468
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0166608

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,716,071
Liabilities
$19,192,899
Net assets
$41,523,172
Revenue
$5,770,371
Expenses
$5,603,763
Net income
$166,608
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$53.8$12.5$41.2$13.7$12.0$1.65
2023Detailed filing. Detailed filing data is available for this year.$54.8$12.7$42.0$7.08$9.88$2.80
2022Detailed filing. Detailed filing data is available for this year.$57.9$13.1$44.8$4.66$5.53$0.87
2021Detailed filing. Detailed filing data is available for this year.$59.4$13.2$46.2$10.3$4.45$5.90
2020Detailed filing. Detailed filing data is available for this year.$55.6$15.4$40.3$4.24$4.92$0.68
2019Detailed filing. Detailed filing data is available for this year.$56.2$15.3$41.0$5.82$6.12$0.30
2018Detailed filing. Detailed filing data is available for this year.$57.2$15.9$41.3$6.84$7.10$0.26
2017Detailed filing. Detailed filing data is available for this year.$60.7$19.2$41.5$5.77$5.60$0.17
2016Detailed filing. Detailed filing data is available for this year.$60.6$19.2$41.4$5.92$7.60$1.68
2015Detailed filing. Detailed filing data is available for this year.$63.3$20.3$43.0$8.84$8.70$0.14
2014Detailed filing. Detailed filing data is available for this year.$61.4$18.5$42.9$7.87$7.50$0.36
2013Summary only. Only limited summary data is available for this year.$62.2$19.7$42.5$15.2$4.71$10.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.4$8.42$32.0$4.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$2.83$20.7$3.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$2.13$20.1$2.70