Civic Intelligence

Oracle Charter School

990 • Fiscal year 2018 • EIN 20-1116278

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 30, 2019

Organization ProfileWWW.ORACLECHARTERSCHOOL.ORG

View Organization Page

1231 Delaware Ave Suite 6Buffalo, NY 14209

(716) 362-3188

Siviq Scores

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

Liabilities / Assets

91st percentile

1.00x

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

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

65th percentile

0.20x

Higher debt load relative to revenue than 65% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

10th percentile

-16%

Higher net margin than 10% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$94,159

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

1st percentile

-63%

Faster asset growth than 1% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-8.1%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$980,081

Down $1,693,880 (-63%) from 2017

Net Assets

Down

$0

Down $2,175,655 (-100%) from 2017

Liabilities

Up

$980,081

Up $481,775 (+97%) from 2017

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin10th percentile

Revenue

Down

$4,876,778

Down $429,001 (-8.1%) from 2017

Expenses

Up

$5,675,707

Up $153,656 (+2.8%) from 2017

Net Income

Down

-$798,929

Down $582,657 (-269%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,972,613Liabilities 2011: $343,807Net Assets 2011: $1,628,8062011Assets 2012: $2,365,740Liabilities 2012: $479,622Net Assets 2012: $1,886,1182012Assets 2013: $2,419,264Liabilities 2013: $500,623Net Assets 2013: $1,918,6412013Assets 2014: $2,331,616Liabilities 2014: $509,468Net Assets 2014: $1,822,1482014Assets 2015: $2,576,798Liabilities 2015: $528,233Net Assets 2015: $2,048,5652015Assets 2016: $2,944,100Liabilities 2016: $552,173Net Assets 2016: $2,391,9272016Assets 2017: $2,673,961Liabilities 2017: $498,306Net Assets 2017: $2,175,6552017Assets 2018: $980,081Liabilities 2018: $980,081Net Assets 2018: $02018Assets 2019: $204,079Liabilities 2019: $204,079Net Assets 2019: $02019Assets 2020: $157,296Liabilities 2020: $157,296Net Assets 2020: $02020Assets 2021: $127,342Liabilities 2021: $127,342Net Assets 2021: $02021Assets 2022: $92,025Liabilities 2022: $92,025Net Assets 2022: $02022Assets 2023: $65,131Liabilities 2023: $65,131Net Assets 2023: $02023Assets 2024: $34,222Liabilities 2024: $34,222Net Assets 2024: $02024Assets 2025: $6,908Liabilities 2025: $6,908Net Assets 2025: $02025

Highlighted filing

2018

Assets$980,081
Liabilities$980,081
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth19th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,678,110Expenses 2011: $4,153,189Net Income 2011: $524,9212011Expenses 2012: $4,598,3772012Revenue 2013: $4,891,018Expenses 2013: $4,858,495Net Income 2013: $32,5232013Revenue 2014: $5,197,180Expenses 2014: $5,293,673Net Income 2014: -$96,4932014Revenue 2015: $5,314,443Expenses 2015: $5,088,026Net Income 2015: $226,4172015Revenue 2016: $5,545,587Expenses 2016: $5,202,225Net Income 2016: $343,3622016Revenue 2017: $5,305,779Expenses 2017: $5,522,051Net Income 2017: -$216,2722017Revenue 2018: $4,876,778Expenses 2018: $5,675,707Net Income 2018: -$798,9292018Revenue 2019: $48,297Expenses 2019: $662,265Net Income 2019: -$613,9682019Revenue 2020: $38,034Expenses 2020: $38,034Net Income 2020: $02020Revenue 2021: $2,686Expenses 2021: $31,292Net Income 2021: -$28,6062021Revenue 2022: $1Expenses 2022: $35,917Net Income 2022: -$35,9162022Revenue 2023: $0Expenses 2023: $28,024Net Income 2023: -$28,0242023Revenue 2024: $55,227Expenses 2024: $27,665Net Income 2024: $27,5622024Revenue 2025: $0Expenses 2025: $28,870Net Income 2025: -$28,8702025

Highlighted filing

2018

Revenue$4,876,778
Expenses$5,675,707
Net Income-$798,929
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 30, 2019
Return Version
2017v2.3
Gross Receipts
$4,876,778
Mission and Program Overview

Mission

The mission of Oracle Charter School was to educate, empower, and enable all students by offering a college preparatory education.

The mission of oracle charter school is to educate, empower and enable all students by offering a college preparatory education. Oracle will create a community of learners working together and committed to instilling in each student the desire to learn, to accept challenges and look forward to post graduate educational opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,515,669$661,832▼ $853,837
Land, Buildings, and Equipment, Net$740,216$100,000▼ $640,216
Prepaid Expenses and Deferred Charges$150,982$98,636▼ $52,346
Accounts Receivable$212,627$77,553▼ $135,074
Pledges and Grants Receivable$54,467$42,060▼ $12,407
Total Assets$2,673,961$980,081▼ $1,693,880
Liabilities
Accounts Payable and Accrued Expenses$483,984$924,098▲ $440,114
Mortgage Notes Payable Secured by Investment Property$14,322$55,983▲ $41,661
Total Liabilities$498,306$980,081▲ $481,775
Net Assets / Fund Balance
Unrestricted Net Assets$2,175,655$0▼ $2,175,655
Total Net Assets Fund Balance$2,175,655$0▼ $2,175,655
Total Liabilities and Net Assets / Fund Balance$2,673,961$980,081▼ $1,693,880

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$100,000-$100,000
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet BarnesHead of SchoolFT$90,825$3,334$94,159

Board Members and Trustees

NameTitle
Jacqueline HollinsCo-chair
Ramone AlexanderCo-chair
Thomas Bailey1st Vice Chair
Divitta Alexander2nd Vice Chair
Evin ConyerParent Trustee
Bryan DonohueTrustee
George NicholasTrustee
Judge James McleodTrustee
Maureen LudwigTrustee
Ramelli ChoatesTrustee
Ron Stewart PhdTrustee
Vivian LoganTrustee
Susan HakalaSecretary
John WhittyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kirisits & Associates Cpas PllcAccounting Services1231 DELAWARE AVENUE SUITE 6, Buffalo, NY 14209$118,990
Kxd Consulting Group LLCConsulting Services700 PARKSIDE AVENUE UNIT 100, Buffalo, NY 14216$108,300
Revenue and Support

Revenue Composition

Contributions and Grants
$284,815
Program Service Revenue
$4,542,221
Investment Income
$32
Other Revenue
$49,710
All Other Contributions
$4,501
Change in Net Assets
$-798,929

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,876,778
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,876,778
Total Revenue per Form 990
$4,876,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,089,868
Other Expenses$1,585,839
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,906,889$344,714-$3,251,603
Occupancy$312,439$88,124-$400,563
Other Employee Benefits$291,305$44,383-$335,688
Payroll Taxes$216,915$35,312-$252,227
Fees for Services Other-$229,253-$229,253
Depreciation Depletion$136,979$38,634-$175,613
Pension Plan Contributions$120,357$15,539-$135,896
Current Officers, Directors, Trustees, and Key Employees-$114,454-$114,454
Other Expenses$99,370$179,205-$99,370
Office Expenses-$75,677-$75,677
Information Technology$54,428--$54,428
All Other Expenses$18,556$16,033-$34,589
Advertising$21,223$13,008-$34,231
Insurance-$32,295-$32,295
Conferences and Meetings$21,155--$21,155
Interest-$883-$883
Total Functional Expenses$4,448,193$1,227,514$0$5,675,707

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,675,707
Total Expenses per Audited Statements$5,675,707
Total Expenses per Form 990$5,675,707
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
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 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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The school hired kirisits & associates, outside cpa firm, to perform cfo duties.”

Form 990, Part VI, Section B, Line 11B

“The finance committee of the board reviews the document prior to filing.”

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

“Conflict of interest policy enforced on an as-needed basis.”

Form 990, Part VI, Section B, Line 15

“The board of directors approves the compensation of officers/key employees.”

Form 990, Part VI, Section C, Line 19

“Website announces all board meetings. Inquiries concerning policies and finances can be made at these meetings.”

Filing and Contact Details

Filer

Filer Name
Oracle Charter School
EIN
20-1116278
Phone
7163623188
Address
1231 DELAWARE AVE SUITE 6, BUFFALO, NY 14209

Signing Officer

Name
John Whitty
Title
Board Treasurer
Phone
7163623188
Signed
2019-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Whitty
Formed
2004
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
146
Volunteers
25

Preparer

Firm
Lumsden & Mccormick Llp
Address
369 FRANKLIN STREET, BUFFALO, NY 14202
Preparer
Donna M Gonser CPA
Phone
7168563300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“Oracle charter school was notified in february 2018 that its charter would not be reauthorized and that its educational program would cease at the end of the 2017-2018 school year.”

FORM 990, PART XI, LINE 9:

“Estimated valuation adjustment to property and equipment -574,435. Liabilities estimated to liquidation values -802,291.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 529 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/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0280314
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04876778
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt054428
IRS990/InformationTechnologyGrp/TotalAmt054428
IRS990/InsuranceGrp/ManagementAndGeneralAmt032295
IRS990/InsuranceGrp/TotalAmt032295
IRS990/InterestGrp/ManagementAndGeneralAmt0883
IRS990/InterestGrp/TotalAmt0883
IRS990/InvestmentIncomeGrp/ExclusionAmt032
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0740216
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0100000
IRS990/LandBldgEquipCostOrOtherBssAmt0100000
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF ORACLE CHARTER SCHOOL IS TO EDUCATE, EMPOWER AND ENABLE ALL STUDENTS BY OFFERING A COLLEGE PREPARATORY EDUCATION. ORACLE WILL CREATE A COMMUNITY OF LEARNERS WORKING TOGETHER AND COMMITTED TO INSTILLING IN EACH STUDENT THE DESIRE TO LEARN, TO ACCEPT CHALLENGES AND LOOK FORWARD TO POST GRADUATE EDUCATIONAL OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014322
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt055983
IRS990/NetAssetsOrFundBalancesBOYAmt02175655
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt088124
IRS990/OccupancyGrp/ProgramServicesAmt0312439
IRS990/OccupancyGrp/TotalAmt0400563
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt075677
IRS990/OfficeExpensesGrp/TotalAmt075677
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-1376726
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt044383
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0291305
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0335688
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3CONTRACTED SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0179205
IRS990/OtherExpensesGrp/ProgramServicesAmt0129253
IRS990/OtherExpensesGrp/ProgramServicesAmt1119324
IRS990/OtherExpensesGrp/ProgramServicesAmt299370
IRS990/OtherExpensesGrp/TotalAmt0179205
IRS990/OtherExpensesGrp/TotalAmt1129253
IRS990/OtherExpensesGrp/TotalAmt2119324
IRS990/OtherExpensesGrp/TotalAmt399370
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt049710
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt049710
IRS990/OtherRevenueTotalAmt049710
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0344714
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02906889
IRS990/OtherSalariesAndWagesGrp/TotalAmt03251603
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035312
IRS990/PayrollTaxesGrp/ProgramServicesAmt0216915
IRS990/PayrollTaxesGrp/TotalAmt0252227
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015539
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0120357
IRS990/PensionPlanContributionsGrp/TotalAmt0135896
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt054467
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt042060
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0150982
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt098636
IRS990/PrincipalOfficerNm0JOHN WHITTY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1722210
IRS990/ProgramServiceRevenueGrp/Desc0ENROLLMENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04330571
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1211650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04330571
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1211650
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL EDUCATION- STUDENTS WITH SPECIAL NEEDS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0297493
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0436429
IRS990/ProgSrvcAccomActy3Grp/Desc0MISC. PROGRAMS- CAFETERIA, GUIDANCE, AND GENERAL COUNSELING
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0489601
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0261360
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0269466
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt029
IRS990/PYOtherExpensesAmt01729114
IRS990/PYOtherRevenueAmt023078
IRS990/PYProgramServiceRevenueAmt05013206
IRS990/PYRevenuesLessExpensesAmt0-216272
IRS990/PYSalariesCompEmpBnftPaidAmt03792937
IRS990/PYTotalExpensesAmt05522051
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05305779
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-798929
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03894142
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01515669
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0661832
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0100000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05675707
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04876778
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0100000
IRS990ScheduleD/TotalExpensesPerForm990Amt05675707
IRS990ScheduleD/TotalRevenuePerForm990Amt04876778
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04876778
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05675707
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 ARE WRITTEN, AND THE POLICY IS INCLUDED ON ALL WRITTEN DOCUMENTATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SCHOOL DOES NOT AWARD SCHOLARSHIPS. SCHOOL IS A NEW YORK STATE CHARTER SCHOOL, WHICH IS PUBLICLY FUNDED.
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
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORACLE CHARTER SCHOOL WAS NOTIFIED IN FEBRUARY 2018 THAT ITS CHARTER WOULD NOT BE REAUTHORIZED AND THAT ITS EDUCATIONAL PROGRAM WOULD CEASE AT THE END OF THE 2017-2018 SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL HIRED KIRISITS & ASSOCIATES, OUTSIDE CPA FIRM, TO PERFORM CFO DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE OF THE BOARD REVIEWS THE DOCUMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST POLICY ENFORCED ON AN AS-NEEDED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF OFFICERS/KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEBSITE ANNOUNCES ALL BOARD MEETINGS. INQUIRIES CONCERNING POLICIES AND FINANCES CAN BE MADE AT THESE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ESTIMATED VALUATION ADJUSTMENT TO PROPERTY AND EQUIPMENT -574,435. LIABILITIES ESTIMATED TO LIQUIDATION VALUES -802,291.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3

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
$980,081
Liabilities
$980,081
Net assets
$0
Revenue
$4,876,778
Expenses
$5,675,707
Net income
-$798,929
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.00$0.03$0.03
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.03$0.00$0.06$0.03$0.03
2023Summary only. Only limited summary data is available for this year.$0.07$0.07$0.00$0.00$0.03$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.09$0.00$0.00$0.04$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.13$0.00$0.00$0.03$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.16$0.00$0.04$0.04$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.20$0.00$0.05$0.66$0.61
2018Detailed filing. Detailed filing data is available for this year.$0.98$0.98$0.00$4.88$5.68$0.80
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.50$2.18$5.31$5.52$0.22
2016Detailed filing. Detailed filing data is available for this year.$2.94$0.55$2.39$5.55$5.20$0.34
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.53$2.05$5.31$5.09$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.33$0.51$1.82$5.20$5.29$0.10
2013Summary only. Only limited summary data is available for this year.$2.42$0.50$1.92$4.89$4.86$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.48$1.89$4.60
2011Summary only. Only limited summary data is available for this year.$1.97$0.34$1.63$4.68$4.15$0.52