Civic Intelligence

Brighter Choice Elementary Charter Schools

990 • Fiscal year 2022 • EIN 14-1830896

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 07, 2022

250 Central AvenueAlbany, NY 12206

(518) 694-4100

Siviq Scores

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

Liabilities / Assets

69th percentile

0.74x

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

2022 filings • NTEE B29 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

1.34x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • NTEE B29 • $10M-$25M nonprofits • Source year 2022

Net Margin

49th percentile

6.5%

Higher net margin than 49% of similar nonprofits.

2022 filings • NTEE B29 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE B29 • $10M-$25M nonprofits • Source year 2022

Asset Growth

40th percentile

1.8%

Faster asset growth than 40% of similar nonprofits.

2022 filings • NTEE B29 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

42nd percentile

11%

Faster revenue growth than 42% of similar nonprofits.

2022 filings • NTEE B29 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$20,027,387

Up $348,217 (+1.8%) from 2021

Net Assets

Up

$5,294,527

Up $709,786 (+15%) from 2021

Liabilities

Down

$14,732,860

Down $361,569 (-2.4%) from 2021

Revenue

Up

$10,972,851

Up $1,055,358 (+11%) from 2021

Expenses

Up

$10,263,065

Up $1,500,645 (+17%) from 2021

Net Income

Down

$709,786

Down $445,287 (-39%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2010: $8,494,164Liabilities 2010: $9,678,650Net Assets 2010: -$1,184,4862010Assets 2011: $9,054,803Liabilities 2011: $9,826,293Net Assets 2011: -$771,4902011Assets 2012: $8,710,141Liabilities 2012: $9,381,388Net Assets 2012: -$671,2472012Assets 2013: $8,774,528Liabilities 2013: $9,520,377Net Assets 2013: -$745,8492013Assets 2014: $8,489,342Liabilities 2014: $9,275,520Net Assets 2014: -$786,1782014Assets 2015: $8,349,203Liabilities 2015: $9,249,475Net Assets 2015: -$900,2722015Assets 2016: $7,995,738Liabilities 2016: $8,347,917Net Assets 2016: -$352,1792016Assets 2017: $8,495,275Liabilities 2017: $8,219,670Net Assets 2017: $275,6052017Assets 2018: $9,013,927Liabilities 2018: $8,220,040Net Assets 2018: $793,8872018Assets 2019: $9,466,780Liabilities 2019: $8,128,954Net Assets 2019: $1,337,8262019Assets 2020: $10,437,244Liabilities 2020: $8,291,860Net Assets 2020: $2,145,3842020Assets 2021: $19,679,170Liabilities 2021: $15,094,429Net Assets 2021: $4,584,7412021Assets 2022: $20,027,387Liabilities 2022: $14,732,860Net Assets 2022: $5,294,5272022Assets 2023: $20,247,250Liabilities 2023: $13,715,467Net Assets 2023: $6,531,7832023Assets 2024: $22,183,573Liabilities 2024: $13,016,971Net Assets 2024: $9,166,6022024Assets 2025: $23,066,102Liabilities 2025: $12,180,545Net Assets 2025: $10,885,5572025

Highlighted filing

2022

Assets$20,027,387
Liabilities$14,732,860
Net Assets$5,294,527

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,722,2942010Revenue 2011: $4,366,981Expenses 2011: $3,953,985Net Income 2011: $412,9962011Expenses 2012: $4,447,7892012Expenses 2013: $4,601,8722013Revenue 2014: $4,341,204Expenses 2014: $4,381,533Net Income 2014: -$40,3292014Revenue 2015: $4,189,705Expenses 2015: $4,092,300Net Income 2015: $97,4052015Revenue 2016: $4,510,592Expenses 2016: $3,962,499Net Income 2016: $548,0932016Revenue 2017: $5,022,901Expenses 2017: $4,395,117Net Income 2017: $627,7842017Revenue 2018: $5,243,961Expenses 2018: $4,725,679Net Income 2018: $518,2822018Revenue 2019: $5,295,430Expenses 2019: $4,751,491Net Income 2019: $543,9392019Revenue 2020: $5,319,765Expenses 2020: $4,512,207Net Income 2020: $807,5582020Revenue 2021: $9,917,493Expenses 2021: $8,762,420Net Income 2021: $1,155,0732021Revenue 2022: $10,972,851Expenses 2022: $10,263,065Net Income 2022: $709,7862022Revenue 2023: $11,303,408Expenses 2023: $10,066,152Net Income 2023: $1,237,2562023Revenue 2024: $13,223,361Expenses 2024: $10,588,542Net Income 2024: $2,634,8192024Revenue 2025: $11,721,097Expenses 2025: $10,002,142Net Income 2025: $1,718,9552025

Highlighted filing

2022

Revenue$10,972,851
Expenses$10,263,065
Net Income$709,786
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 7, 2022
Return Version
2021v4.0
Gross Receipts
$10,972,851
Mission and Program Overview

Mission

Provide quality educational alternative

Provide quality educational alternative for at-risk elementary students in albany, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,280,552$10,189,986▼ $90,566
Cash and Non-Interest-Bearing Accounts$5,411,502$6,476,429▲ $1,064,927
Accounts Receivable$475,071$1,081,631▲ $606,560
Intangible Assets$392,408$539,985▲ $147,577
Total Assets$19,679,170$20,027,387▲ $348,217
Other Assets Total$3,119,637$1,739,356▼ $1,380,281
Liabilities
Tax Exempt Bond Liabilities$13,595,000$12,165,000▼ $1,430,000
Accounts Payable and Accrued Expenses$1,319,797$1,308,577▼ $11,220
Other Liabilities$125,072$1,246,545▲ $1,121,473
Deferred Revenue$54,560$12,738▼ $41,822
Total Liabilities$15,094,429$14,732,860▼ $361,569
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,584,741$5,294,527▲ $709,786
Total Net Assets Fund Balance$4,584,741$5,294,527▲ $709,786
Total Liabilities and Net Assets / Fund Balance$19,679,170$20,027,387▲ $348,217

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,222,882$6,574,297$15,797,179
Equipment$747,104$1,518,504$2,265,608
Land$220,000-$220,000
Other Assets Org$1,739,356--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Martha SnyderChair
Trudy HamnerVice Chair
Nilsa VelillaTrustee
Patrick RomainTrustee
Robert MclaughlinTrustee
Zoe NelsonSecretary
Nicole KatzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Durham School ServicesBus Transportat830 S PEARL ST, Albany, NY 12202$400,858
Revolution Foods INCFood Service8393 CAPWELL DRIVE, Oakland, CA 94621$352,643
JanitronicsJanitorial1988 CENTRAL AVENUE, Albany, NY 12205$271,849
Axa EquitableRetirement1290 AVENUE OF THE AMERICAS, New York, NY 10104$165,880
Vulcan Property Services INCProperty Maint1988 CENTRAL AVENUE, Albany, NY 12205-4535$132,129
Revenue and Support

Revenue Composition

Contributions and Grants
$2,156,923
Program Service Revenue
$8,809,179
Investment Income
$6,749
Other Revenue
$0
All Other Contributions
$285,462
Change in Net Assets
$709,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,972,851
Total Revenue per Audited Statements
$10,972,851
Total Revenue per Form 990
$10,972,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,813,552
Other Expenses$4,449,513
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,611,917$919,760-$4,531,677
Occupancy$528,520$133,831-$662,351
Other Employee Benefits$517,686$131,136-$648,822
Depreciation Depletion$493,263$125,050-$618,313
Interest$490,852$124,638-$615,490
Payroll Taxes$274,613$70,003-$344,616
Pension Plan Contributions$229,735$58,702-$288,437
Fees for Services Other$200,039$52,409-$252,448
Fees for Services Accounting$166,062$42,512-$208,574
All Other Expenses$131,980$31,513-$163,493
Office Expenses$114,020$28,501-$142,521
Other Expenses$110,866$26,857-$137,723
Insurance$79,386$20,158-$99,544
Advertising-$82,110-$82,110
Fees for Services Legal-$298-$298
Total Functional Expenses$8,152,479$2,110,586$0$10,263,065

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,263,065
Total Expenses per Audited Statements$10,263,065
Total Expenses per Form 990$10,263,065
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Premium on Bond Payable$1,246,545

Bond Issues

BondIssuerIssuedIssue PricePurpose
A2021 Bond Issue2021-11-23$12,165,000-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,165,000--$561,261

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, Page 6, Part VI, Line 11B

Form 990 is presented to the board of trustees prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

Every board trustee is required to complete an annual statement of financial disclosure for the school's annual report to the nys education department.

Form 990, Page 6, Part VI, Line 15A

The principal and director of finance and operations are hired by the board of trustees. The principal is evaluated annually and compensation is based on prior year performance.

Form 990, Page 6, Part VI, Line 15B

Compensation for all employees is approved by the board of trustees via the annual budget.

Form 990, Page 6, Part VI, Line 19

Documents are made available to he public upon request.

Filing and Contact Details

Filer

Filer Name
Brighter Choice Elementary Charter
EIN
14-1830896
Phone
5186944100
Address
250 CENTRAL AVENUE, ALBANY, NY 12206

Signing Officer

Name
Martha Snyder
Title
Chair
Phone
5186944100
Signed
2022-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martha Snyder
Formed
2001
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
129

Preparer

Firm
Cusack & Company Cpas LLC
Address
7 AIRPORT PARK BLVD, LATHAM, NY 12110
Preparer
Kenneth B Claflin CPA
Phone
5187863550
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The school has not recognized any benefits or liabilities from uncertain tax positions in 2022 and believes they have no uncertain tax positions for which it is reasonably possible that will significantly increase or decrease net assets. Generally, federal and state authorities may examine the schools' tax returns for three years from the date of filing; consequently, income returns for years prior to 2019 are no longer subject to examination by tax authorities.

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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/LandBldgEquipAccumDeprecAmt08092801
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010280552
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010189986
IRS990/LandBldgEquipCostOrOtherBssAmt018282787
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE QUALITY EDUCATIONAL ALTERNATIVE FOR AT-RISK ELEMENTARY STUDENTS IN ALBANY, NY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04584741
IRS990/NetAssetsOrFundBalancesEOYAmt05294527
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04584741
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05294527
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0133831
IRS990/OccupancyGrp/ProgramServicesAmt0528520
IRS990/OccupancyGrp/TotalAmt0662351
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028501
IRS990/OfficeExpensesGrp/ProgramServicesAmt0114020
IRS990/OfficeExpensesGrp/TotalAmt0142521
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03119637
IRS990/OtherAssetsTotalGrp/EOYAmt01739356
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0131136
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0517686
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0648822
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc2LOSS ON REFUNDING
IRS990/OtherExpensesGrp/Desc3TECHNOLOGY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0263108
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt126857
IRS990/OtherExpensesGrp/ProgramServicesAmt0652227
IRS990/OtherExpensesGrp/ProgramServicesAmt1551313
IRS990/OtherExpensesGrp/ProgramServicesAmt2110866
IRS990/OtherExpensesGrp/TotalAmt0652227
IRS990/OtherExpensesGrp/TotalAmt1551313
IRS990/OtherExpensesGrp/TotalAmt2263108
IRS990/OtherExpensesGrp/TotalAmt3137723
IRS990/OtherLiabilitiesGrp/BOYAmt0125072
IRS990/OtherLiabilitiesGrp/EOYAmt01246545
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0919760
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03611917
IRS990/OtherSalariesAndWagesGrp/TotalAmt04531677
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt070003
IRS990/PayrollTaxesGrp/ProgramServicesAmt0274613
IRS990/PayrollTaxesGrp/TotalAmt0344616
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt058702
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0229735
IRS990/PensionPlanContributionsGrp/TotalAmt0288437
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARTHA SNYDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ENROLLMENT
IRS990/ProgramServiceRevenueGrp/Desc1E-RATE REIMBURSEMENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08783092
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt126087
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08783092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126087
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER PROGRAM (NURSE, FOOD SERVICES AND TRANSPORTATION)-ALL STUDENTS QUALIFY TO PARTICIPATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01415726
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01682335
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08138
IRS990/PYOtherExpensesAmt03257648
IRS990/PYProgramServiceRevenueAmt08227020
IRS990/PYRevenuesLessExpensesAmt01155073
IRS990/PYSalariesCompEmpBnftPaidAmt05504772
IRS990/PYTotalExpensesAmt08762420
IRS990/PYTotalRevenueAmt09917493
IRS990/ReconcilationRevenueExpnssAmt0709786
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08809179
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt09222882
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06574297
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015797179
IRS990ScheduleD/EquipmentGrp/BookValueAmt0747104
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01518504
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02265608
IRS990ScheduleD/ExpensesSubtotalAmt010263065
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0220000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0220000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01739356
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND TRUST ACCOUNTS - RESTRICTED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01246545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREMIUM ON BOND PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt010972851
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS NOT RECOGNIZED ANY BENEFITS OR LIABILITIES FROM UNCERTAIN TAX POSITIONS IN 2022 AND BELIEVES THEY HAVE NO UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT WILL SIGNIFICANTLY INCREASE OR DECREASE NET ASSETS. GENERALLY, FEDERAL AND STATE AUTHORITIES MAY EXAMINE THE SCHOOLS' TAX RETURNS FOR THREE YEARS FROM THE DATE OF FILING; CONSEQUENTLY, INCOME RETURNS FOR YEARS PRIOR TO 2019 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010189986
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01739356
IRS990ScheduleD/TotalExpensesPerForm990Amt010263065
IRS990ScheduleD/TotalLiabilityAmt01246545
IRS990ScheduleD/TotalRevenuePerForm990Amt010972851
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010972851
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010263065
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED IN THE NEWSPAPERS AND ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1A SUBSTANTIAL PORTION OF THE SCHOOL'S REVENUE IS DERIVED FROM SCHOOL DISTRICTS WHICH PAY THE SCHOOL BASED ON ENROLLMENT AT PUBLISHED RATES. REVENUE EARNED FROM OTHER GOVERNMENTAL SOURCES GENERALLY REPRESENT VARIOUS ENTITLEMENT GRANTS AND IS RECOGNIZED AS EARNED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02021-11-23
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0521325673
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0012432DV9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt012165000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt02021 BOND ISSUE
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0561261
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt012165000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERY BOARD TRUSTEE IS REQUIRED TO COMPLETE AN ANNUAL STATEMENT OF FINANCIAL DISCLOSURE FOR THE SCHOOL'S ANNUAL REPORT TO THE NYS EDUCATION DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRINCIPAL AND DIRECTOR OF FINANCE AND OPERATIONS ARE HIRED BY THE BOARD OF TRUSTEES. THE PRINCIPAL IS EVALUATED ANNUALLY AND COMPENSATION IS BASED ON PRIOR YEAR PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR ALL EMPLOYEES IS APPROVED BY THE BOARD OF TRUSTEES VIA THE ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MADE AVAILABLE TO HE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$12.2$10.9$11.7$10.0$1.72
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$13.0$9.17$13.2$10.6$2.63
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$13.7$6.53$11.3$10.1$1.24
2022Detailed filing. Detailed filing data is available for this year.$20.0$14.7$5.29$11.0$10.3$0.71
2021Summary only. Only limited summary data is available for this year.$19.7$15.1$4.58$9.92$8.76$1.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$8.29$2.15$5.32$4.51$0.81
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.47$8.13$1.34$5.30$4.75$0.54
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.01$8.22$0.79$5.24$4.73$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$8.22$0.28$5.02$4.40$0.63
2016Detailed filing. Detailed filing data is available for this year.$8.00$8.35$0.35$4.51$3.96$0.55
2015Detailed filing. Detailed filing data is available for this year.$8.35$9.25$0.90$4.19$4.09$0.10
2014Detailed filing. Detailed filing data is available for this year.$8.49$9.28$0.79$4.34$4.38$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.77$9.52$0.75$4.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.71$9.38$0.67$4.45
2011Summary only. Only limited summary data is available for this year.$9.05$9.83$0.77$4.37$3.95$0.41
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.49$9.68$1.18$3.72