Civic Intelligence

Opportunity Charter School

990 • Fiscal year 2013 • EIN 20-1157094

Jul 01, 2012 to Jun 30, 2013 • Filed on May 09, 2014

240 West 113th Street10026
Siviq Scores

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

Liabilities / Assets

58th percentile

0.38x

Higher debt load relative to assets than 58% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

87th percentile

23%

Faster asset growth than 87% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$3,287,062

Up $606,560 (+23%) from 2012

Net Assets

Up

$2,049,872

Up $379,492 (+23%) from 2012

Liabilities

Up

$1,237,190

Up $227,068 (+22%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$9,684,354

Up $495,114 (+5.4%) from 2012

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,556,585Liabilities 2010: $1,283,255Net Assets 2010: $273,3302010Assets 2011: $1,824,788Liabilities 2011: $958,208Net Assets 2011: $866,5802011Assets 2012: $2,680,502Liabilities 2012: $1,010,122Net Assets 2012: $1,670,3802012Assets 2013: $3,287,062Liabilities 2013: $1,237,190Net Assets 2013: $2,049,8722013Assets 2014: $3,102,269Liabilities 2014: $992,940Net Assets 2014: $2,109,3292014Assets 2015: $3,277,543Liabilities 2015: $1,017,552Net Assets 2015: $2,259,9912015Assets 2016: $3,727,263Liabilities 2016: $1,045,813Net Assets 2016: $2,681,4502016Assets 2017: $3,573,812Liabilities 2017: $1,281,454Net Assets 2017: $2,292,3582017Assets 2018: $3,188,353Liabilities 2018: $1,096,773Net Assets 2018: $2,091,5802018Assets 2019: $2,664,576Liabilities 2019: $1,134,104Net Assets 2019: $1,530,4722019Assets 2020: $4,762,302Liabilities 2020: $2,543,721Net Assets 2020: $2,218,5812020Assets 2021: $6,188,766Liabilities 2021: $2,763,836Net Assets 2021: $3,424,9302021Assets 2022: $5,641,680Liabilities 2022: $1,332,520Net Assets 2022: $4,309,1602022Assets 2023: $7,131,930Liabilities 2023: $1,435,530Net Assets 2023: $5,696,4002023

Highlighted filing

2013

Assets$3,287,062
Liabilities$1,237,190
Net Assets$2,049,872

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,695,4762010Revenue 2011: $10,345,668Expenses 2011: $9,752,418Net Income 2011: $593,2502011Expenses 2012: $9,189,2402012Expenses 2013: $9,684,3542013Revenue 2014: $10,191,119Expenses 2014: $10,131,662Net Income 2014: $59,4572014Revenue 2015: $10,459,088Expenses 2015: $10,308,426Net Income 2015: $150,6622015Revenue 2016: $10,763,969Expenses 2016: $10,342,510Net Income 2016: $421,4592016Revenue 2017: $11,405,787Expenses 2017: $11,794,879Net Income 2017: -$389,0922017Revenue 2018: $11,693,578Expenses 2018: $11,894,356Net Income 2018: -$200,7782018Revenue 2019: $12,250,404Expenses 2019: $12,811,512Net Income 2019: -$561,1082019Revenue 2020: $12,278,731Expenses 2020: $11,590,622Net Income 2020: $688,1092020Revenue 2021: $12,152,826Expenses 2021: $10,946,477Net Income 2021: $1,206,3492021Revenue 2022: $13,026,197Expenses 2022: $12,141,967Net Income 2022: $884,2302022Revenue 2023: $12,536,923Expenses 2023: $11,149,683Net Income 2023: $1,387,2402023

Highlighted filing

2013

Revenue-
Expenses$9,684,354
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 9, 2014
Return Version
2012v2.1
Gross Receipts
$10,063,846
Mission and Program Overview

Mission

At opportunity charter school, we welcome all students in grades 6 through 12, regardless of previous academic success: students who are yearning to learn, students who have fallen behind, students who have been told their aspirations are beyond reach.through a positive belief in every student's promise, we are committed to bringing their potential to life.we provide staff and students with a safe, supportive environment in which to pursue personal development through an individualized plan tailored to their unique needs.we nurture intellectual and personal growth. Students receive differentiated instruction in every curricular area from our highly-trained staff, with the goal of expanding their higher cognitive functioning.our school culture is performance-driven and results-oriented. Students graduate having achieved a clearly demonstrated academic and social foundation, as well as a deep understanding of their own strengths and weaknesses.

Major Activities

Activity 2
The percentage of high school students earning 10+ credits in their 3rd year was greater than 65.4% of the peer range. The high school program's four-year weighted diploma rate is at the 73rd percentile as compared to the peer range and the six-year weighted diploma rate is at the 100th percentile as compared to the peer range.
Activity 3
The middle school program ranked at the 63rd percentile against new york city middle schools for growth in english language arts ("ela"), and ranked at the 93rd percentile against new york city middle schools for growth in ela for students scoring in the school's lowest third.
Filing and Contact Details

Filer

EIN
20-1157094
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IRS990/Activity2/Description0THE PERCENTAGE OF HIGH SCHOOL STUDENTS EARNING 10+ CREDITS IN THEIR 3RD YEAR WAS GREATER THAN 65.4% OF THE PEER RANGE. THE HIGH SCHOOL PROGRAM'S FOUR-YEAR WEIGHTED DIPLOMA RATE IS AT THE 73RD PERCENTILE AS COMPARED TO THE PEER RANGE AND THE SIX-YEAR WEIGHTED DIPLOMA RATE IS AT THE 100TH PERCENTILE AS COMPARED TO THE PEER RANGE.
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IRS990/ActivityOrMissionDescription0SEE SCHEDULE O FOR DESCRIPTION OF THE ORGANIZATION'S MISSIONTHE OPPORTUNITY CHARTER SCHOOL'S PRIMARY MISSION IS TO PROVIDE FREE AND PUBLIC SPECIAL EDUCATION SERVICES TO NEW YORK CITY'S STUDENTS WHILE SIMULTANEOUSLY PROVIDING THE HIGHEST QUALITY EDUCATION TO ALL STUDENTS.
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IRS990/MissionDescription0AT OPPORTUNITY CHARTER SCHOOL, WE WELCOME ALL STUDENTS IN GRADES 6 THROUGH 12, REGARDLESS OF PREVIOUS ACADEMIC SUCCESS: STUDENTS WHO ARE YEARNING TO LEARN, STUDENTS WHO HAVE FALLEN BEHIND, STUDENTS WHO HAVE BEEN TOLD THEIR ASPIRATIONS ARE BEYOND REACH.THROUGH A POSITIVE BELIEF IN EVERY STUDENT'S PROMISE, WE ARE COMMITTED TO BRINGING THEIR POTENTIAL TO LIFE.WE PROVIDE STAFF AND STUDENTS WITH A SAFE, SUPPORTIVE ENVIRONMENT IN WHICH TO PURSUE PERSONAL DEVELOPMENT THROUGH AN INDIVIDUALIZED PLAN TAILORED TO THEIR UNIQUE NEEDS.WE NURTURE INTELLECTUAL AND PERSONAL GROWTH. STUDENTS RECEIVE DIFFERENTIATED INSTRUCTION IN EVERY CURRICULAR AREA FROM OUR HIGHLY-TRAINED STAFF, WITH THE GOAL OF EXPANDING THEIR HIGHER COGNITIVE FUNCTIONING.OUR SCHOOL CULTURE IS PERFORMANCE-DRIVEN AND RESULTS-ORIENTED. STUDENTS GRADUATE HAVING ACHIEVED A CLEARLY DEMONSTRATED ACADEMIC AND SOCIAL FOUNDATION, AS WELL AS A DEEP UNDERSTANDING OF THEIR OWN STRENGTHS AND WEAKNESSES.
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IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/DonatedServicesUseOfFacilities032800
IRS990ScheduleD/DonatedSrvcAndUseOfFacilities032800
IRS990ScheduleD/Equipment/BookValue0209489
IRS990ScheduleD/Equipment/Depreciation01049023
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis01258512
IRS990ScheduleD/ExpensesNotRptdF990032800
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal09684354
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE CHARTER SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CHARTER SCHOOL IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE CHARTER SCHOOL IS SUBJECT TO TAXES ON UNRELATED BUSINESS INCOME ("UBIT"), IF APPLICABLE. FOR THE TAX YEARS ENDED JUNE 30, 2013 AND 2012, THE CHARTER SCHOOL DID NOT OWE ANY UBIT. MANAGEMENT EVALUATED THE CHARTER SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE CHARTER SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, THE CHARTER SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2010, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/LeaseholdImprovements/BookValue023177
IRS990ScheduleD/LeaseholdImprovements/Depreciation0265205
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis0288382
IRS990ScheduleD/OtherLiabilities/Amount029056
IRS990ScheduleD/OtherLiabilities/Description0CAPITAL LEASE OBLIGATIONS
IRS990ScheduleD/RevenueNotRptdF990032800
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal010063846
IRS990ScheduleD/TotalExpensesPerForm99009684354
IRS990ScheduleD/TotalOfAmounts029056
IRS990ScheduleD/TotalOfBookValueLandBuildings0232666
IRS990ScheduleD/TotalRevenuePerForm990010063846
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt09717154
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt010096646
IRS990ScheduleE/ComplianceWithRevProc755001
IRS990ScheduleE/DiscriminateRaceAdmissPolicies00
IRS990ScheduleE/DiscriminateRaceAthleticProg00
IRS990ScheduleE/DiscriminateRaceEducPolicies00
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty00
IRS990ScheduleE/DiscriminateRaceOtherActy00
IRS990ScheduleE/DiscriminateRaceScholarships00
IRS990ScheduleE/DiscriminateRaceStudentsRights00
IRS990ScheduleE/DiscriminateRaceUseOfFclts00
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS, THE OPPORTUNITY CHARTER SCHOOL INCLUDES IN ITS PUBLICATION MATERIAL THE FOLLOWING DISCRIMINATION POLICY: THE SCHOOL SHALL NOT DISCRIMINATE ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1OPPORTUNITY CHARTER SCHOOL RECEIVES FEDERAL TITLE GRANTS AND IDEA FUNDS, AS WELL AS NEW YORK CITY DEPARTMENT OF EDUCATION FUNDS BASED ON PER PUPIL FTE HEADCOUNT.
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
IRS990ScheduleE/GovernmentFinancialAidReceived01
IRS990ScheduleE/GovernmentFinancialAidRevoked00
IRS990ScheduleE/MaintCopiesOfAllSolicitations01
IRS990ScheduleE/MaintCopiesOfBrochuresEtc01
IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords01
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$7.13$1.44$5.70$12.5$11.1$1.39
2022Summary only. Only limited summary data is available for this year.$5.64$1.33$4.31$13.0$12.1$0.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.19$2.76$3.42$12.2$10.9$1.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$2.54$2.22$12.3$11.6$0.69
2019Summary only. Only limited summary data is available for this year.$2.66$1.13$1.53$12.3$12.8$0.56
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$1.10$2.09$11.7$11.9$0.20
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$1.28$2.29$11.4$11.8$0.39
2016Summary only. Only limited summary data is available for this year.$3.73$1.05$2.68$10.8$10.3$0.42
2015Detailed filing. Detailed filing data is available for this year.$3.28$1.02$2.26$10.5$10.3$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.10$0.99$2.11$10.2$10.1$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$1.24$2.05$9.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$1.01$1.67$9.19
2011Summary only. Only limited summary data is available for this year.$1.82$0.96$0.87$10.3$9.75$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$1.28$0.27$10.7