Civic Intelligence

Global Concepts Charter School

990 • Fiscal year 2024 • EIN 16-1572518

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 18, 2025

1159 Abbott RoadBuffalo, NY 14220

(716) 821-1903

Siviq Scores

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

Liabilities / Assets

40th percentile

0.26x

Higher debt load relative to assets than 40% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.48x

Higher debt load relative to revenue than 44% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Net Margin

25th percentile

-5.5%

Higher net margin than 25% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

41st percentile

$175,752

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2024 filings • NTEE B • $25M-$50M nonprofits • Source year 2024

Asset Growth

12th percentile

-5.5%

Faster asset growth than 12% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-10%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$28,485,598

Down $1,664,057 (-5.5%) from 2023

Net Assets

Down

$21,080,799

Down $854,172 (-3.9%) from 2023

Liabilities

Down

$7,404,799

Down $809,885 (-9.9%) from 2023

Revenue

Down

$15,403,420

Down $1,760,232 (-10%) from 2023

Expenses

Down

$16,257,592

Down $5,236 (-0.0%) from 2023

Net Income

Down

-$854,172

Down $1,754,996 (-195%) from 2023

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $12,480,879Liabilities 2010: $8,984,259Net Assets 2010: $3,496,6202010Assets 2011: $14,345,303Liabilities 2011: $9,149,030Net Assets 2011: $5,196,2732011Assets 2012: $14,776,507Liabilities 2012: $9,404,587Net Assets 2012: $5,371,9202012Assets 2013: $15,663,532Liabilities 2013: $9,460,396Net Assets 2013: $6,203,1362013Assets 2014: $17,159,325Liabilities 2014: $9,828,234Net Assets 2014: $7,331,0912014Assets 2015: $17,938,532Liabilities 2015: $9,448,535Net Assets 2015: $8,489,9972015Assets 2016: $19,183,767Liabilities 2016: $9,169,471Net Assets 2016: $10,014,2962016Assets 2017: $20,735,361Liabilities 2017: $8,451,309Net Assets 2017: $12,284,0522017Assets 2018: $22,229,868Liabilities 2018: $8,237,952Net Assets 2018: $13,991,9162018Assets 2019: $22,854,901Liabilities 2019: $7,833,464Net Assets 2019: $15,021,4372019Assets 2020: $24,271,001Liabilities 2020: $7,189,158Net Assets 2020: $17,081,8432020Assets 2021: $26,526,550Liabilities 2021: $7,077,473Net Assets 2021: $19,449,0772021Assets 2022: $28,105,280Liabilities 2022: $7,129,354Net Assets 2022: $20,975,9262022Assets 2023: $30,149,655Liabilities 2023: $8,214,684Net Assets 2023: $21,934,9712023Assets 2024: $28,485,598Liabilities 2024: $7,404,799Net Assets 2024: $21,080,7992024Assets 2025: $26,486,126Liabilities 2025: $6,357,905Net Assets 2025: $20,128,2212025

Highlighted filing

2024

Assets$28,485,598
Liabilities$7,404,799
Net Assets$21,080,799

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,819,8602010Expenses 2011: $7,494,2162011Expenses 2012: $8,960,7962012Expenses 2013: $9,983,6292013Revenue 2014: $12,530,962Expenses 2014: $11,403,007Net Income 2014: $1,127,9552014Revenue 2015: $13,064,404Expenses 2015: $11,905,498Net Income 2015: $1,158,9062015Revenue 2016: $13,359,648Expenses 2016: $11,835,349Net Income 2016: $1,524,2992016Revenue 2017: $14,027,289Expenses 2017: $11,757,533Net Income 2017: $2,269,7562017Revenue 2018: $14,012,893Expenses 2018: $12,305,029Net Income 2018: $1,707,8642018Revenue 2019: $14,789,491Expenses 2019: $13,759,970Net Income 2019: $1,029,5212019Revenue 2020: $14,786,185Expenses 2020: $12,725,779Net Income 2020: $2,060,4062020Revenue 2021: $15,608,895Expenses 2021: $13,178,869Net Income 2021: $2,430,0262021Revenue 2022: $16,695,533Expenses 2022: $15,032,700Net Income 2022: $1,662,8332022Revenue 2023: $17,163,652Expenses 2023: $16,262,828Net Income 2023: $900,8242023Revenue 2024: $15,403,420Expenses 2024: $16,257,592Net Income 2024: -$854,1722024Revenue 2025: $15,883,769Expenses 2025: $16,836,347Net Income 2025: -$952,5782025

Highlighted filing

2024

Revenue$15,403,420
Expenses$16,257,592
Net Income-$854,172
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 18, 2025
Return Version
2023v6.0
Gross Receipts
$15,403,420
Mission and Program Overview

Mission

To provide a top-quality educational program where students achieve high academic results; are geared towards higher education and career opportunities; become responsible, caring family and community members; are highly knowledgeable of the multicultural world they are a part of; and possess the qualities and problem solving skills to collaborate peacefully in the community and worldwide.

To provide a top-quality educational program where students achieve high academic results.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,011,557$16,361,380▲ $4,349,823
Investments in Publicly Traded Securities$4,742,848$5,472,221▲ $729,373
Savings and Temporary Cash Investments$10,201,406$4,265,607▼ $5,935,799
Cash and Non-Interest-Bearing Accounts$1,240,906$765,842▼ $475,064
Pledges and Grants Receivable$707,324$490,775▼ $216,549
Accounts Receivable$296,989$235,195▼ $61,794
Prepaid Expenses and Deferred Charges$11,646$12,839▲ $1,193
Total Assets$30,149,655$28,485,598▼ $1,664,057
Other Assets Total$936,979$881,739▼ $55,240
Liabilities
Tax Exempt Bond Liabilities$5,616,099$5,349,715▼ $266,384
Accounts Payable and Accrued Expenses$2,598,585$2,055,084▼ $543,501
Total Liabilities$8,214,684$7,404,799▼ $809,885
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,934,971$21,080,799▼ $854,172
Total Net Assets Fund Balance$21,934,971$21,080,799▼ $854,172
Total Liabilities and Net Assets / Fund Balance$30,149,655$28,485,598▼ $1,664,057

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$4,569,257$5,058,151$9,627,408
Other Land Buildings$7,234,419-$7,234,419
Buildings$3,248,740$2,047,566$5,296,306
Equipment$710,667$3,220,396$3,931,063
Land$598,297-$598,297
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tracy McgeeCEOFT$133,157$42,595$175,752

Board Members and Trustees

NameTitle
Dawan JonesChairman
Antonio EstradaVice Chair
Daniel WilczewskiBoard Member
Suzie MazellaBoard Member
Anthony Demarco JrSecretary
William KrugerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dominic PalmisanoArchitecture Services1374 ORCHARD PARK RD, West Seneca, NY 14224$321,397
Optimal Therapy AssociatesSpecial Education Services2495 MAIN ST SUITE 234, Buffalo, NY 14214$161,572
Revenue and Support

Revenue Composition

Contributions and Grants
$2,158,659
Program Service Revenue
$12,610,700
Investment Income
$505,332
Other Revenue
$128,729
Change in Net Assets
$-854,172

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory9$32,589Cost
Total Noncash Contributions9$32,589-

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,403,420
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,403,420
Total Revenue per Form 990
$15,403,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,226,500
Other Expenses$5,031,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,446,881$1,743,304-$8,190,185
Other Employee Benefits$1,244,328$334,610-$1,578,938
Depreciation Depletion$758,388$84,265-$842,653
Pension Plan Contributions$510,398$135,400-$645,798
Payroll Taxes$488,462$142,843-$631,305
Occupancy$236,153$347,391-$583,544
Fees for Services Other$362,234$162,996-$525,230
All Other Expenses$247,623$166,319-$413,942
Interest$209,625$23,292-$232,917
Office Expenses$152,029$66,330-$218,359
Current Officers, Directors, Trustees, and Key Employees-$180,274-$180,274
Insurance$130,482$14,498-$144,980
Advertising-$108,466-$108,466
Other Expenses$104,429--$104,429
Information Technology$94,133--$94,133
Total Functional Expenses$12,747,604$3,509,988$0$16,257,592

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,257,592
Total Expenses per Audited Statements$16,257,592
Total Expenses per Form 990$16,257,592
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABuffalo and Erie County Ildc2018-10-04$6,185,000REFINANCE PRIOR BONDS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$6,857,945$6,253,617-$92,483

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
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, Part VI, Section B, Line 11B

Management and the board chairman are responsible for the review and approval of the form 990.

Form 990, Part VI, Section B, Line 12C

Conflict of interest statements are prepared annually by all board of trustees and reviewed with the submission of the annual report to the nys education department.

Form 990, Part VI, Section B, Line 15

The board delibrates on ceo compensation annually by using comparable data and evaluation of ceo performance.

Form 990, Part VI, Section C, Line 19

The organizations governing documents, conflict of interest policy and financial statements are made available through requests which are reviewed by the board.

Filing and Contact Details

Filer

Filer Name
Global Concepts Charter School
EIN
16-1572518
Phone
7168211903
Address
1159 ABBOTT ROAD, BUFFALO, NY 14220

Signing Officer

Name
Dawan Jones
Title
Board Chairman
Phone
7168211903
Signed
2025-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawan Jones
Formed
2002
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
258
Volunteers
8

Preparer

Firm
Lumsden & Mccormick Llp
Address
369 FRANKLIN STREET, BUFFALO, NY 14202
Preparer
Robert S Torella
Phone
7168563300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There was no change from the prior year

Raw XML AppendixShowing 400 of 520 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/MissionDesc0TO PROVIDE A TOP-QUALITY EDUCATIONAL PROGRAM WHERE STUDENTS ACHIEVE HIGH ACADEMIC RESULTS; ARE GEARED TOWARDS HIGHER EDUCATION AND CAREER OPPORTUNITIES; BECOME RESPONSIBLE, CARING FAMILY AND COMMUNITY MEMBERS; ARE HIGHLY KNOWLEDGEABLE OF THE MULTICULTURAL WORLD THEY ARE A PART OF; AND POSSESS THE QUALITIES AND PROBLEM SOLVING SKILLS TO COLLABORATE PEACEFULLY IN THE COMMUNITY AND WORLDWIDE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt021934971
IRS990/NetAssetsOrFundBalancesEOYAmt021080799
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt021934971
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt021080799
IRS990/NoncashContributionsAmt032589
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0347391
IRS990/OccupancyGrp/ProgramServicesAmt0236153
IRS990/OccupancyGrp/TotalAmt0583544
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt066330
IRS990/OfficeExpensesGrp/ProgramServicesAmt0152029
IRS990/OfficeExpensesGrp/TotalAmt0218359
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0936979
IRS990/OtherAssetsTotalGrp/EOYAmt0881739
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0334610
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01244328
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01578938
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1TRANSPORTATION
IRS990/OtherExpensesGrp/Desc2SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc3UNIFORMS
IRS990/OtherExpensesGrp/ProgramServicesAmt0755116
IRS990/OtherExpensesGrp/ProgramServicesAmt1707068
IRS990/OtherExpensesGrp/ProgramServicesAmt2300255
IRS990/OtherExpensesGrp/ProgramServicesAmt3104429
IRS990/OtherExpensesGrp/TotalAmt0755116
IRS990/OtherExpensesGrp/TotalAmt1707068
IRS990/OtherExpensesGrp/TotalAmt2300255
IRS990/OtherExpensesGrp/TotalAmt3104429
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0128729
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0128729
IRS990/OtherRevenueTotalAmt0128729
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01743304
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06446881
IRS990/OtherSalariesAndWagesGrp/TotalAmt08190185
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0142843
IRS990/PayrollTaxesGrp/ProgramServicesAmt0488462
IRS990/PayrollTaxesGrp/TotalAmt0631305
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0135400
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0510398
IRS990/PensionPlanContributionsGrp/TotalAmt0645798
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0707324
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0490775
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011646
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012839
IRS990/PrincipalOfficerNm0DAWAN JONES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0ENROLLMENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012610700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012610700
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03673253
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0174729
IRS990/PYOtherExpensesAmt04902638
IRS990/PYOtherRevenueAmt071471
IRS990/PYProgramServiceRevenueAmt013244199
IRS990/PYRevenuesLessExpensesAmt0900824
IRS990/PYSalariesCompEmpBnftPaidAmt011360190
IRS990/PYTotalExpensesAmt016262828
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017163652
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-854172
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012739429
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010201406
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04265607
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03248740
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02047566
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05296306
IRS990ScheduleD/EquipmentGrp/BookValueAmt0710667
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03220396
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03931063
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016257592
IRS990ScheduleD/LandGrp/BookValueAmt0598297
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0598297
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04569257
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05058151
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09627408
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07234419
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07234419
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015403420
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016361380
IRS990ScheduleD/TotalExpensesPerForm990Amt016257592
IRS990ScheduleD/TotalRevenuePerForm990Amt015403420
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015403420
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016257592
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SOLICITATIONS GO OUT IN WRITTEN FORM AND THE POLICY IS ON ALL WRITTEN DOCUMENTATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1QUESTION 4B IS NOT APPLICABLE AS THE SCHOOL DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL IS THE RECIPIENT OF AWARDS AND REIMBURSEMENTS FROM VARIOUS FEDERAL, STATE AND LOCAL SOURCES. THE AWARDS AND REIMBURSEMENTS ARE SUBJECT TO VARIOUS COMPLIANCE AND FINANCIAL AUDITS BY THE FUNDING SOURCE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0133157
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt013952
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt022732
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt05911
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TRACY MCGEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175752
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0A) ISSUER NAME: BUFFALO AND ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION (F) DESCRIPTION OF PURPOSE: REFINANCE THE ORIGINAL 2007 BOND PROCEEDS THAT WERE USED FOR RENOVATION OF THE SCHOOL (COMPLETED IN 2008). IN OCTOBER 2018, TO REDUCE NET DEBT SERVICE REQUIREMENTS, THE SCHOOL ENTERED INTO AN AGREEMENT WITH BUFFALO AND ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT CORPORATION TO ISSUE $6,185,000 TAX EXEMPT BONDS AT A PREMIUM OF $715,449 TO REFUND THE SERIES 2007 BONDS. PART II, LINE 3 BOND PROCEEDS: BOND ISSUE PRICE $6,185,000 PLUS: BOND PREMIUM $715,449 LESS: UNDERWRITER DISCOUNT ($42,504) 2018 BOND PROCEEDS $6,857,945 PART II, LINE 11, OTHER SPENT PROCEEDS: 2007 BOND REDEMPTION PRINCIPAL $6,908,400 2007 BOND REDEMPTION INTEREST $ 4,750 LESS: BALANCE IN 2007 ESCROW $ 659,533 TOTAL OTHER SPENT PROCEEDS $6,253,617
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K, PART L BOND ISSUES
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02018-10-04
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0222413596
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum011943KDY5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt06185000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0BUFFALO AND ERIE COUNTY ILDC
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$26.5$6.36$20.1$15.9$16.8$0.95
2024Detailed filing. Detailed filing data is available for this year.$28.5$7.40$21.1$15.4$16.3$0.85
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.1$8.21$21.9$17.2$16.3$0.90
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.1$7.13$21.0$16.7$15.0$1.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.5$7.08$19.4$15.6$13.2$2.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.3$7.19$17.1$14.8$12.7$2.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.9$7.83$15.0$14.8$13.8$1.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$8.24$14.0$14.0$12.3$1.71
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$8.45$12.3$14.0$11.8$2.27
2016Detailed filing. Detailed filing data is available for this year.$19.2$9.17$10.0$13.4$11.8$1.52
2015Detailed filing. Detailed filing data is available for this year.$17.9$9.45$8.49$13.1$11.9$1.16
2014Detailed filing. Detailed filing data is available for this year.$17.2$9.83$7.33$12.5$11.4$1.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$9.46$6.20$9.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$9.40$5.37$8.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$9.15$5.20$7.49
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$8.98$3.50$5.82