Civic Intelligence

Brighter Choice Foundation Inc.

990 • Fiscal year 2012 • EIN 14-1825626

Jan 01, 2012 to Dec 31, 2012

Organization ProfileWWW.ALBANYCHARTERSCHOOLNETWORK.ORG
Glenmont, NY
Siviq Scores

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

Liabilities / Assets

99th percentile

1.02x

Higher debt load relative to assets than 99% of similar nonprofits.

2012 filings • NTEE T • $25M-$50M nonprofits • Source year 2012

Liabilities / Revenue

94th percentile

6.57x

Higher debt load relative to revenue than 94% of similar nonprofits.

2012 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2012

Net Margin

66th percentile

9.5%

Higher net margin than 66% of similar nonprofits.

2012 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

2nd percentile

-32%

Faster asset growth than 2% of similar nonprofits.

2012 filings • NTEE T • $25M-$50M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$42,446,335

Down $19,563,706 (-32%) from 2011

Net Assets

Up

-$773,283

Up $624,028 (+45%) from 2011

Liabilities

Down

$43,219,618

Down $20,187,734 (-32%) from 2011

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin66th percentile

Revenue

$6,574,432

No earlier filing loaded for comparison.

Expenses

Up

$5,950,404

Up $476,041 (+8.7%) from 2011

Net Income

$624,028

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$80M$60M$40M$20M$0-$20MAssets 2010: $54,720,261Liabilities 2010: $55,240,108Net Assets 2010: -$519,8472010Assets 2011: $62,010,041Liabilities 2011: $63,407,352Net Assets 2011: -$1,397,3112011Assets 2012: $42,446,335Liabilities 2012: $43,219,618Net Assets 2012: -$773,2832012Assets 2013: $37,142,067Liabilities 2013: $37,329,009Net Assets 2013: -$186,9422013Assets 2014: $35,632,071Liabilities 2014: $37,380,057Net Assets 2014: -$1,747,9862014Assets 2015: $26,179,228Liabilities 2015: $26,004,120Net Assets 2015: $175,1082015Assets 2016: $19,301,651Liabilities 2016: $19,644,352Net Assets 2016: -$342,7012016Assets 2017: $10,398,626Liabilities 2017: $10,117,370Net Assets 2017: $281,2562017Assets 2018: $10,223,673Liabilities 2018: $10,032,005Net Assets 2018: $191,6682018Assets 2019: $1,302,583Liabilities 2019: $8,207Net Assets 2019: $1,294,3762019Assets 2020: $1,071,936Liabilities 2020: $34,400Net Assets 2020: $1,037,5362020Assets 2021: $941,279Liabilities 2021: $34,400Net Assets 2021: $906,8792021Assets 2022: $644,537Liabilities 2022: $0Net Assets 2022: $644,5372022Assets 2023: $592,535Liabilities 2023: $900Net Assets 2023: $591,6352023Assets 2024: $547,556Liabilities 2024: $0Net Assets 2024: $547,5562024

Highlighted filing

2012

Assets$42,446,335
Liabilities$43,219,618
Net Assets-$773,283
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MExpenses 2010: $5,715,0092010Expenses 2011: $5,474,3632011Revenue 2012: $6,574,432Expenses 2012: $5,950,404Net Income 2012: $624,0282012Revenue 2013: $6,154,177Expenses 2013: $5,079,352Net Income 2013: $1,074,8252013Revenue 2014: $3,765,036Expenses 2014: $5,326,080Net Income 2014: -$1,561,0442014Revenue 2015: $3,269,423Expenses 2015: $4,913,685Net Income 2015: -$1,644,2622015Revenue 2016: $1,997,242Expenses 2016: $2,515,051Net Income 2016: -$517,8092016Revenue 2017: $2,101,532Expenses 2017: $1,937,031Net Income 2017: $164,5012017Revenue 2018: $819,721Expenses 2018: $909,309Net Income 2018: -$89,5882018Revenue 2019: $1,785,505Expenses 2019: $682,797Net Income 2019: $1,102,7082019Revenue 2020: $4,054Expenses 2020: $260,894Net Income 2020: -$256,8402020Revenue 2021: $100,000Expenses 2021: $230,986Net Income 2021: -$130,9862021Revenue 2022: $108,316Expenses 2022: $330,056Net Income 2022: -$221,7402022Revenue 2023: $125,969Expenses 2023: $178,871Net Income 2023: -$52,9022023Revenue 2024: $104,177Expenses 2024: $148,256Net Income 2024: -$44,0792024

Highlighted filing

2012

Revenue$6,574,432
Expenses$5,950,404
Net Income$624,028
Open 2012 Filing
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Mission and Program Overview

Mission

The mission of the brighter choice foundation is to provide start-up grants, school facilities, a revolving loan fund, and operational and academic support to public charter schools in the city of albany.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$42,446,335
Liabilities
$43,219,618
Net assets
-$773,283
Revenue
$6,574,432
Expenses
$5,950,404
Net income
$624,028
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.55$0.10$0.15$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.13$0.18$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$0.11$0.33$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.03$0.91$0.10$0.23$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.03$1.04$0.00$0.26$0.26
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.01$1.29$1.79$0.68$1.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$10.0$0.19$0.82$0.91$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$10.1$0.28$2.10$1.94$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$19.6$0.34$2.00$2.52$0.52
2015Detailed filing. Detailed filing data is available for this year.$26.2$26.0$0.18$3.27$4.91$1.64
2014Summary only. Only limited summary data is available for this year.$35.6$37.4$1.75$3.77$5.33$1.56
2013Detailed filing. Detailed filing data is available for this year.$37.1$37.3$0.19$6.15$5.08$1.07
2012Summary only. Only limited summary data is available for this year.$42.4$43.2$0.77$6.57$5.95$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.0$63.4$1.40$5.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.7$55.2$0.52$5.72