Civic Intelligence

Brighter Choice Elementary Charter Schools

990 • Fiscal year 2012 • EIN 14-1830897

Jul 01, 2011 to Jun 30, 2012 • Filed on May 06, 2013

116 North Lake Avenue12206
Siviq Scores

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

Liabilities / Assets

94th percentile

1.11x

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

2012 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

22nd percentile

-4.3%

Faster asset growth than 22% of similar nonprofits.

2012 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$8,430,114

Down $379,633 (-4.3%) from 2011

Net Assets

Down

-$968,175

Down $5,412 (-0.6%) from 2011

Liabilities

Down

$9,398,289

Down $374,221 (-3.8%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,275,416

Up $537,557 (+14%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

2012

Assets$8,430,114
Liabilities$9,398,289
Net Assets-$968,175

Operations Trend

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

2012

Revenue-
Expenses$4,275,416
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 6, 2013
Return Version
2011v1.5
Gross Receipts
$4,283,249
Mission and Program Overview

Mission

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

Major Activities

Activity 2
Special education-5 students served
Activity 3
Other program (nurse, food services and transportation) - all students qualify to participate.
Filing and Contact Details

Filer

EIN
14-1830897
Raw XML AppendixShowing 400 of 703 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/MissionDescription0THE MISSION OF THE BRIGHTER CHOICE CHARTER SCHOOLS (BCCS) IS TO ENSURE THAT BCCS STUDENTS HAVE THE SAME OPPORTUNITIES FOR FUTURE SUCCESS AS STUDENTS ATTENDING THE BEST PUBLIC SCHOOLS IN THE REGION. THERE ARE THREE SIGNIFICANT COMPONENTS TO ACHIEVING THIS MISSION: - EXEMPLARY INSTRUCTION THAT ENSURES COMPETENCY AND MASTERY IN READING, WRITING AND MATHEMATICS. - FOCUS ON THE DEVELOPMENT OF SOCIAL, BEHAVIORAL, AND ORGANIZATION SKILLS NECESSARY FOR FUTURE SCHOOL SUCCESS. - AN EDUCATION BEYOND THE BASICS THAT INCLUDES: PERFORMING ARTS, VISUAL ARTS, SCIENCES, AND HISTORY.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX. THE SCHOOL HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)OF THE CODE. THE TAX-EXEMPT STATUS OF A TAX-EXEMPT ENTITY IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. FORMS 990 FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 FILED BY THE SCHOOL ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30, 2008 AND PRIOR.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1RENTAL EXPENSE NETTED WITH REVEUUE 13,245.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2RENTAL EXPENSE NETTED WITH REVENUE 13,245.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE SCHOOL'S RACIALLY NONDISCRIMANATORY POLICY IS PUBLIZED IN THE NEWSPAPERS AND ON THE WEBSITE.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1A SUBSTANTIAL PORTION OF THE SCHOOL'S REVENUE AND RELATED RECEIVABLES IS DERIVED FROM ITS ARRANGEMENT WITH THE ALBANY CITY SCHOOL DISTRICT, WHICH REIMBURSES THE SCHOOL BASED ON PER CAPITA ENROLLMENT. THESE REVENUES ARE RECOGNIZED RATABLY OVER THE RELATED SCHOOL YEAR DURING WHICH THEY ARE EARNED. REVENUE FROM OTHER GOVERNMENTAL SOURCES GENERALLY REPRESENTS VARIOUS ENTITLEMENTS AND IS RECOGNIZED AS EARNED AS ALLOWABLE EXPENDITURES ARE INCURRED.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION
IRS990ScheduleE/Form990ScheduleEPartII/Identifier1EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference1SCHEDULE E, PART I, LINE 6
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IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
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IRS990ScheduleJ/EquityBasedCompArrangement00
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IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
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IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs010047
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0DARRYL M WILLIAMS
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IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs013386
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IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0190879
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleK/Form990ScheduleKPartI/DateIssued02007-03-23
IRS990ScheduleK/Form990ScheduleKPartI/DateIssued12007-03-23
IRS990ScheduleK/Form990ScheduleKPartI/DateIssued22007-03-23
IRS990ScheduleK/Form990ScheduleKPartI/DateIssued32007-03-23
IRS990ScheduleK/Form990ScheduleKPartI/DateIssued42007-03-23
IRS990ScheduleK/Form990ScheduleKPartI/DateIssued52007-03-23
IRS990ScheduleK/Form990ScheduleKPartI/Defeased00

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