Civic Intelligence

Brighter Choice Elementary Charter Schools

990 • Fiscal year 2024 • EIN 14-1830896

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 04, 2024

Organization ProfileN/A
250 Central AvenueAlbany, NY 12206

(518) 694-4100

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$22,183,573

Up $1,936,323 (+9.6%) from 2023

Net Assets

Up

$9,166,602

Up $2,634,819 (+40%) from 2023

Liabilities

Down

$13,016,971

Down $698,496 (-5.1%) from 2023

Revenue And Expenses

Revenue

Up

$13,223,361

Up $1,919,953 (+17%) from 2023

Expenses

Up

$10,588,542

Up $522,390 (+5.2%) from 2023

Net Income

Up

$2,634,819

Up $1,397,563 (+113%) from 2023

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

2024

Assets$22,183,573
Liabilities$13,016,971
Net Assets$9,166,602
Open 2024 Filing

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

2024

Revenue$13,223,361
Expenses$10,588,542
Net Income$2,634,819
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 4, 2024
Return Version
2023v5.0
Gross Receipts
$13,223,361
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$9,700,123$9,364,952▼ $335,171
Savings and Temporary Cash Investments$7,355,926$9,270,331▲ $1,914,405
Pledges and Grants Receivable-$1,361,358-
Intangible Assets$427,182$376,474▼ $50,708
Accounts Receivable$1,158,594$108,801▼ $1,049,793
Cash and Non-Interest-Bearing Accounts$55,109$105,090▲ $49,981
Prepaid Expenses and Deferred Charges-$49,483-
Total Assets$20,247,250$22,183,573▲ $1,936,323
Other Assets Total$1,550,316$1,547,084▼ $3,232
Liabilities
Tax Exempt Bond Liabilities$11,525,000$10,870,000▼ $655,000
Accounts Payable and Accrued Expenses$1,069,659$1,170,137▲ $100,478
Other Liabilities$1,108,408$976,834▼ $131,574
Deferred Revenue$12,400--
Total Liabilities$13,715,467$13,016,971▼ $698,496
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,531,783$9,166,602▲ $2,634,819
Total Net Assets Fund Balance$6,531,783$9,166,602▲ $2,634,819
Total Liabilities and Net Assets / Fund Balance$20,247,250$22,183,573▲ $1,936,323

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,505,387$7,412,643$15,918,030
Equipment$639,565$1,386,929$2,026,494
Land$220,000-$220,000
Other Assets Org$1,547,084--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Martha SnyderChair
Trudy HamnerVice Chair
Nilsa VelillaTrustee
Noah ClementTrustee
Zoe NelsonSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
A'viandsFood Service767 EUSTIS STREET, SUITE 145, Saint Paul, MN 55114$731,566
Durham School ServicesBus Transportat830 S PEARL ST, Albany, NY 12202$473,231
Acts Cleaning ServiceJanitorial300 GREAT OAKS BLVD, Albany, NY 12203$249,159
Vulcan Property Services INCProperty Maint1988 CENTRAL AVENUE, Albany, NY 12205-4535$162,330
Revenue and Support

Revenue Composition

Contributions and Grants
$3,240,866
Program Service Revenue
$9,525,146
Investment Income
$455,717
Other Revenue
$1,632
All Other Contributions
$6,286
Change in Net Assets
$2,634,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,223,361
Total Revenue per Audited Statements
$13,223,361
Total Revenue per Form 990
$13,223,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,363,681
Other Expenses$4,224,861
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,140,022$912,221-$5,052,243
Occupancy$616,248$137,057-$753,305
Other Employee Benefits$566,660$122,629-$689,289
Depreciation Depletion$489,725$109,400-$599,125
Payroll Taxes$328,742$72,393-$401,135
Interest$270,595$60,038-$330,633
Fees for Services Other$208,908$49,014-$257,922
Pension Plan Contributions$180,985$40,029-$221,014
Fees for Services Accounting$140,344$31,797-$172,141
Office Expenses$106,005$23,288-$129,293
Other Expenses$96,414$22,087-$118,501
Insurance$91,900$20,390-$112,290
Advertising-$100,538-$100,538
All Other Expenses$43,259$9,714-$52,973
Total Functional Expenses$8,851,245$1,737,297$0$10,588,542

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,588,542
Total Expenses per Audited Statements$10,588,542
Total Expenses per Form 990$10,588,542
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$976,834

Bond Issues

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

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$655,000-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
2024-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martha Snyder
Formed
2001
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
126

Preparer

Firm
Cusack & Company Cpas LLC
Address
7 AIRPORT PARK BLVD, LATHAM, NY 12110
Preparer
Kenneth B Claflin CPA
Phone
5187863550
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01632
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01632
IRS990/OtherRevenueTotalAmt01632
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0912221
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04140022
IRS990/OtherSalariesAndWagesGrp/TotalAmt05052243
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt072393
IRS990/PayrollTaxesGrp/ProgramServicesAmt0328742
IRS990/PayrollTaxesGrp/TotalAmt0401135
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt040029
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0180985
IRS990/PensionPlanContributionsGrp/TotalAmt0221014
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01361358
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049483
IRS990/PrincipalOfficerNm0MARTHA SNYDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ENROLLMENT
IRS990/ProgramServiceRevenueGrp/Desc1E-RATE REIMBURSEMENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2AFTER SCHOOL AND SUMMER PROG
IRS990/ProgramServiceRevenueGrp/Desc3IDEA FROM ALBANY SCHOOLS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09421340
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145725
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt236256
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt321825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09421340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt236256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt321825
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER PROGRAM (NURSE, FOOD SERVICES AND TRANSPORTATION)-ALL STUDENTS QUALIFY TO PARTICIPATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01243286
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01940115
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0203251
IRS990/PYOtherExpensesAmt04248077
IRS990/PYProgramServiceRevenueAmt09160042
IRS990/PYRevenuesLessExpensesAmt01237256
IRS990/PYSalariesCompEmpBnftPaidAmt05818075
IRS990/PYTotalExpensesAmt010066152
IRS990/PYTotalRevenueAmt011303408
IRS990/ReconcilationRevenueExpnssAmt02634819
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt09526778
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07355926
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09270331
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/BookValueAmt08505387
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07412643
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015918030
IRS990ScheduleD/EquipmentGrp/BookValueAmt0639565
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01386929
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02026494
IRS990ScheduleD/ExpensesSubtotalAmt010588542
IRS990ScheduleD/LandGrp/BookValueAmt0220000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0220000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01547084
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND TRUST ACCOUNTS - RESTRICTED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0976834
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREMIUM ON BOND PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt013223361
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09364952
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01547084
IRS990ScheduleD/TotalExpensesPerForm990Amt010588542
IRS990ScheduleD/TotalLiabilityAmt0976834
IRS990ScheduleD/TotalRevenuePerForm990Amt013223361
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013223361
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010588542
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/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
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/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0655000
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt011525000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt010870000

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,183,573
Liabilities
$13,016,971
Net assets
$9,166,602
Revenue
$13,223,361
Expenses
$10,588,542
Net income
$2,634,819
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
2024Detailed filing. Detailed filing data is available for this year.$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
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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