Civic Intelligence

Brighter Choice Elementary Charter Schools

990 • Fiscal year 2018 • EIN 14-1830897

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 14, 2018

Organization ProfileN/A

View Organization Page

250 Central AvenueAlbany, NY 12206

(518) 694-8200

Siviq Scores

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

Liabilities / Assets

91st percentile

0.99x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

1.59x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

22nd percentile

$36,093

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

47th percentile

0.9%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

46th percentile

2.5%

Faster revenue growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$8,249,955

Up $71,687 (+0.9%) from 2017

Net Assets

Up

$104,042

Up $621,372 (+120%) from 2017

Liabilities

Down

$8,145,913

Down $549,685 (-6.3%) from 2017

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin70th percentile

Revenue

Up

$5,132,967

Up $123,750 (+2.5%) from 2017

Expenses

Up

$4,511,595

Up $227,627 (+5.3%) from 2017

Net Income

Down

$621,372

Down $103,877 (-14%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $8,344,027Liabilities 2010: $9,639,103Net Assets 2010: -$1,295,0762010Assets 2011: $8,809,747Liabilities 2011: $9,772,510Net Assets 2011: -$962,7632011Assets 2012: $8,430,114Liabilities 2012: $9,398,289Net Assets 2012: -$968,1752012Assets 2013: $8,441,715Liabilities 2013: $9,436,575Net Assets 2013: -$994,8602013Assets 2014: $8,186,553Liabilities 2014: $9,405,246Net Assets 2014: -$1,218,6932014Assets 2015: $7,986,581Liabilities 2015: $9,876,189Net Assets 2015: -$1,889,6082015Assets 2016: $7,423,979Liabilities 2016: $8,666,558Net Assets 2016: -$1,242,5792016Assets 2017: $8,178,268Liabilities 2017: $8,695,598Net Assets 2017: -$517,3302017Assets 2018: $8,249,955Liabilities 2018: $8,145,913Net Assets 2018: $104,0422018Assets 2019: $8,859,942Liabilities 2019: $8,147,463Net Assets 2019: $712,4792019Assets 2020: $9,782,032Liabilities 2020: $8,497,751Net Assets 2020: $1,284,2812020

Highlighted filing

2018

Assets$8,249,955
Liabilities$8,145,913
Net Assets$104,042
Open 2018 Filing

Operations Trend

Revenue Growth46th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,437,4952010Revenue 2011: $4,070,172Expenses 2011: $3,737,859Net Income 2011: $332,3132011Expenses 2012: $4,275,4162012Revenue 2013: $4,293,380Expenses 2013: $4,320,065Net Income 2013: -$26,6852013Revenue 2014: $4,425,506Expenses 2014: $4,649,339Net Income 2014: -$223,8332014Revenue 2015: $4,334,076Expenses 2015: $4,751,965Net Income 2015: -$417,8892015Revenue 2016: $4,667,557Expenses 2016: $4,020,528Net Income 2016: $647,0292016Revenue 2017: $5,009,217Expenses 2017: $4,283,968Net Income 2017: $725,2492017Revenue 2018: $5,132,967Expenses 2018: $4,511,595Net Income 2018: $621,3722018Revenue 2019: $5,428,733Expenses 2019: $4,820,296Net Income 2019: $608,4372019Revenue 2020: $5,216,563Expenses 2020: $4,644,761Net Income 2020: $571,8022020

Highlighted filing

2018

Revenue$5,132,967
Expenses$4,511,595
Net Income$621,372
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$5,132,967
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,777,517$5,677,437▼ $100,080
Cash and Non-Interest-Bearing Accounts$750,691$876,059▲ $125,368
Intangible Assets$246,028$233,572▼ $12,456
Accounts Receivable$432,579$110,505▼ $322,074
Prepaid Expenses and Deferred Charges$7,720--
Total Assets$8,424,296$8,249,955▼ $174,341
Other Assets Total$1,209,761$1,352,382▲ $142,621
Liabilities
Tax Exempt Bond Liabilities$7,817,500$7,580,000▼ $237,500
Accounts Payable and Accrued Expenses$498,008$479,635▼ $18,373
Other Liabilities$624,430$84,453▼ $539,977
Deferred Revenue$1,688$1,825▲ $137
Total Liabilities$8,941,626$8,145,913▼ $795,713
Net Assets / Fund Balance
Unrestricted Net Assets$-517,330$104,042▲ $621,372
Total Net Assets Fund Balance$-517,330$104,042▲ $621,372
Total Liabilities and Net Assets / Fund Balance$8,424,296$8,249,955▼ $174,341

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,453,047$2,455,527$7,908,574
Equipment$114,390$570,963$685,353
Land$110,000-$110,000
Other Assets Org$39,235--
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Shawn JahnFinance DirePT$36,093$36,093

Board Members and Trustees

NameTitle
Martha SnyderChair
Nilsa VellaTrustee
Shawn WallaceTrustee
Trudy HamnerTrustee
Zoe NelsonSecretary
Ashleigh SmithTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Durham BusTransportation830 S PEARL ST, Albany, NY 12202$190,716
JanitronicsCleaning1988 CENTRAL AVENUE, Albany, NY 12205$108,174
Revenue and Support

Revenue Composition

Contributions and Grants
$498,454
Program Service Revenue
$4,620,618
Investment Income
$7,931
Other Revenue
$5,964
All Other Contributions
$24,122
Change in Net Assets
$621,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,132,967
Total Revenue per Audited Statements
$5,132,967
Total Revenue per Form 990
$5,132,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,840,452
Other Expenses$1,671,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,830,960$499,564-$2,330,524
Interest$307,878$84,002-$391,880
Occupancy$215,148$58,701-$273,849
Depreciation Depletion$188,238$51,359-$239,597
Other Employee Benefits$185,741$50,678-$236,419
Payroll Taxes$154,286$42,096-$196,382
Fees for Services Other$78,788$21,497-$100,285
Fees for Services Accounting$65,622$17,905-$83,527
Pension Plan Contributions$60,593$16,534-$77,127
Office Expenses$55,802$15,225-$71,027
Insurance$30,749$8,390-$39,139
Advertising-$27,136-$27,136
All Other Expenses$13,892$3,790-$17,682
Other Expenses$11,773$3,212-$14,985
Fees for Services Legal-$1,844-$1,844
Total Functional Expenses$3,606,416$905,179$0$4,511,595

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,511,595
Total Expenses per Audited Statements$4,511,595
Total Expenses per Form 990$4,511,595
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$84,453

Bond Issues

BondIssuerIssuedIssue PricePurpose
ATax Exempt Bond Liabilities2007-03-23$9,245,000Civic facility revenue bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$237,500-

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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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 avaialble to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Brighter Choice Charter School for
EIN
14-1830897
Phone
5186948200
Address
250 CENTRAL AVENUE, ALBANY, NY 12206

Signing Officer

Name
Martha Snyder
Title
Chair
Phone
5186948200
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martha Snyder
Formed
2001
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
71

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 accounting standards codification requires entities to disclose in their financial statements the nature of any uncertainty in their tax position. The schools have not recognized any benefits or liabilities from uncertain positions in 2017 and believes it has 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 2014 are no longer subject to examination by tax authorities.”

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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05964
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05964
IRS990/OtherRevenueTotalAmt05964
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0499564
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01830960
IRS990/OtherSalariesAndWagesGrp/TotalAmt02330524
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt042096
IRS990/PayrollTaxesGrp/ProgramServicesAmt0154286
IRS990/PayrollTaxesGrp/TotalAmt0196382
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016534
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt060593
IRS990/PensionPlanContributionsGrp/TotalAmt077127
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07720
IRS990/PrincipalOfficerNm0MARTHA SNYDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ENROLLMENT
IRS990/ProgramServiceRevenueGrp/Desc1AFTER SCHOOL PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc2SUMMER PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04604512
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110936
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04604512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110936
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25170
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER PROGRAM (NURSE, FOOD SERVICES AND TRANSPORTATION) -ALL STUDENTS QUALIFY TO PARTICIPATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0631274
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0436407
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0314
IRS990/PYOtherExpensesAmt01586473
IRS990/PYOtherRevenueAmt013071
IRS990/PYProgramServiceRevenueAmt04559425
IRS990/PYRevenuesLessExpensesAmt0725249
IRS990/PYSalariesCompEmpBnftPaidAmt02697495
IRS990/PYTotalExpensesAmt04283968
IRS990/PYTotalRevenueAmt05009217
IRS990/ReconcilationRevenueExpnssAmt0621372
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04630219
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05453047
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02455527
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07908574
IRS990ScheduleD/EquipmentGrp/BookValueAmt0114390
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0570963
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0685353
IRS990ScheduleD/ExpensesSubtotalAmt04511595
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0110000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01313147
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt139235
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND TRUST ACCOUNTS RESTRICTED
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM BCCS GIRLS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt084453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREMIUM ON BOND
IRS990ScheduleD/RevenueSubtotalAmt05132967
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTING STANDARDS CODIFICATION REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITION. THE SCHOOLS HAVE NOT RECOGNIZED ANY BENEFITS OR LIABILITIES FROM UNCERTAIN POSITIONS IN 2017 AND BELIEVES IT HAS 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 2014 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05677437
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01352382
IRS990ScheduleD/TotalExpensesPerForm990Amt04511595
IRS990ScheduleD/TotalLiabilityAmt084453
IRS990ScheduleD/TotalRevenuePerForm990Amt05132967
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05132967
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04511595
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 REPRESENTS 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/BondIssuedDt02007-03-23
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0521325673
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0012440HJ5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09245000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0TAX EXEMPT BOND LIABILITIES
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CIVIC FACILITY REVENUE BONDS
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/AdequateBooksAndRecMaintInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0237500
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 AVAIALBLE TO THE 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
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BRIGHTER CHOICE CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0FOR GIRLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0141830896
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt03
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0250 CENTRAL AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALBANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,249,955
Liabilities
$8,145,913
Net assets
$104,042
Revenue
$5,132,967
Expenses
$4,511,595
Net income
$621,372
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.78$8.50$1.28$5.22$4.64$0.57
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.86$8.15$0.71$5.43$4.82$0.61
2018Detailed filing. Detailed filing data is available for this year.$8.25$8.15$0.10$5.13$4.51$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.18$8.70$0.52$5.01$4.28$0.73
2016Detailed filing. Detailed filing data is available for this year.$7.42$8.67$1.24$4.67$4.02$0.65
2015Detailed filing. Detailed filing data is available for this year.$7.99$9.88$1.89$4.33$4.75$0.42
2014Detailed filing. Detailed filing data is available for this year.$8.19$9.41$1.22$4.43$4.65$0.22
2013Summary only. Only limited summary data is available for this year.$8.44$9.44$0.99$4.29$4.32$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.43$9.40$0.97$4.28
2011Summary only. Only limited summary data is available for this year.$8.81$9.77$0.96$4.07$3.74$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.34$9.64$1.30$3.44