Civic Intelligence

Kipp Albany Community Public Charter

990 • Fiscal year 2016 • EIN 20-1347748

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

1 Dudley HeightsAlbany, NY 12210

(518) 694-9494

Siviq Scores

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

Liabilities / Assets

91st percentile

0.98x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

1.70x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

33rd percentile

-2.0%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

15th percentile

-6.7%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

48th percentile

2.3%

Faster revenue growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$8,587,910

Down $613,211 (-6.7%) from 2015

Net Assets

Down

$140,800

Down $561,111 (-80%) from 2015

Liabilities

Down

$8,447,110

Down $52,100 (-0.6%) from 2015

Revenue

Up

$4,958,960

Up $109,332 (+2.3%) from 2015

Expenses

Up

$5,060,004

Up $162,338 (+3.3%) from 2015

Net Income

Down

-$101,044

Down $53,006 (-110%) from 2015

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0-$50MAssets 2010: $516,543Liabilities 2010: $380,285Net Assets 2010: $136,2582010Assets 2011: $900,495Liabilities 2011: $402,261Net Assets 2011: $498,2342011Assets 2012: $1,558,956Liabilities 2012: $227,782Net Assets 2012: $1,331,1742012Assets 2013: $9,859,812Liabilities 2013: $8,637,222Net Assets 2013: $1,222,5902013Assets 2014: $9,452,094Liabilities 2014: $8,702,145Net Assets 2014: $749,9492014Assets 2015: $9,201,121Liabilities 2015: $8,499,210Net Assets 2015: $701,9112015Assets 2016: $8,587,910Liabilities 2016: $8,447,110Net Assets 2016: $140,8002016Assets 2017: $14,446,726Liabilities 2017: $15,472,514Net Assets 2017: -$1,025,7882017Assets 2018: $16,654,884Liabilities 2018: $17,043,494Net Assets 2018: -$388,6102018Assets 2019: $17,918,938Liabilities 2019: $18,494,611Net Assets 2019: -$575,6732019Assets 2020: $20,085,676Liabilities 2020: $19,060,838Net Assets 2020: $1,024,8382020Assets 2021: $44,188,636Liabilities 2021: $29,838,374Net Assets 2021: $14,350,2622021Assets 2022: $45,871,541Liabilities 2022: $29,715,157Net Assets 2022: $16,156,3842022Assets 2023: $57,772,563Liabilities 2023: $33,714,110Net Assets 2023: $24,058,4532023Assets 2024: $103,612,643Liabilities 2024: $78,944,792Net Assets 2024: $24,667,8512024

Highlighted filing

2016

Assets$8,587,910
Liabilities$8,447,110
Net Assets$140,800

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $3,819,8002010Expenses 2011: $4,188,8372011Expenses 2012: $3,736,8672012Expenses 2013: $4,829,6272013Revenue 2014: $4,835,606Expenses 2014: $5,308,247Net Income 2014: -$472,6412014Revenue 2015: $4,849,628Expenses 2015: $4,897,666Net Income 2015: -$48,0382015Revenue 2016: $4,958,960Expenses 2016: $5,060,004Net Income 2016: -$101,0442016Revenue 2017: $7,168,283Expenses 2017: $6,544,643Net Income 2017: $623,6402017Revenue 2018: $8,553,686Expenses 2018: $8,200,521Net Income 2018: $353,1652018Revenue 2019: $10,333,262Expenses 2019: $9,649,311Net Income 2019: $683,9512019Revenue 2020: $13,370,796Expenses 2020: $10,868,828Net Income 2020: $2,501,9682020Revenue 2021: $27,102,331Expenses 2021: $23,748,740Net Income 2021: $3,353,5912021Revenue 2022: $31,563,380Expenses 2022: $29,757,258Net Income 2022: $1,806,1222022Revenue 2023: $47,175,292Expenses 2023: $46,626,533Net Income 2023: $548,7592023Revenue 2024: $47,429,555Expenses 2024: $46,820,157Net Income 2024: $609,3982024

Highlighted filing

2016

Revenue$4,958,960
Expenses$5,060,004
Net Income-$101,044
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$4,958,960
Mission and Program Overview

Mission

The school's primary purpose is to prepare students for future opportunities.

Kipp tech valley is a tuition free college preparatory public middle school located in albany, ny. By providing a safe, structured and supportive learning environment for every child, kipp tech valley will help each student acquire and apply the knowledge, skills, and character habits necessary to succeed in high school, college and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,010,043$6,852,440▼ $157,603
Investments Other Securities$778,586$786,540▲ $7,954
Prepaid Expenses and Deferred Charges$10,216$135,277▲ $125,061
Accounts Receivable$22,925$114,044▲ $91,119
Cash and Non-Interest-Bearing Accounts$407,060$80,270▼ $326,790
Total Assets$9,201,121$8,587,910▼ $613,211
Other Assets Total$972,291$619,339▼ $352,952
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,125,000$7,975,000▼ $150,000
Accounts Payable and Accrued Expenses$329,769$471,536▲ $141,767
Deferred Revenue$44,441$574▼ $43,867
Total Liabilities$8,499,210$8,447,110▼ $52,100
Net Assets / Fund Balance
Unrestricted Net Assets$701,911$140,800▼ $561,111
Total Net Assets Fund Balance$701,911$140,800▼ $561,111
Total Liabilities and Net Assets / Fund Balance$9,201,121$8,587,910▼ $613,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,704,879$469,935$5,174,814
Land$2,105,892-$2,105,892
Equipment$41,669$416,402$458,071
Other Assets Org$50,000--
Other Securities$786,540--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dustin MitchellExecutive DirectorFT$143,400$17,669$161,069
Katherine MoralesEmployeeFT$115,238$6,684$121,922

Board Members and Trustees

NameTitle
John P ReillyPresident
Cornelius MurrayBoard Member
Jason DigianniBoard Member
Kelly KimbroughBoard Member
Kelly WalbornBoard Member
Carl YoungSecretary
Wayne BoomerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Durham School ServiceTransportation830 S PEARL STREET, Albany, NY 12202$129,330
Revenue and Support

Revenue Composition

Contributions and Grants
$635,864
Program Service Revenue
$4,322,772
Investment Income
$324
Other Revenue
$0
All Other Contributions
$60,602
Change in Net Assets
$-101,044

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,958,960
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,958,960
Total Revenue per Form 990
$4,958,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,143,334
Other Expenses$1,893,044
Grants and Similar Amounts Paid$23,626
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,656,770$751,902-$2,408,672
Interest$494,213$37,962-$532,175
Payroll Taxes$163,878$88,064-$251,942
Other Employee Benefits$159,529$85,726-$245,255
All Other Expenses$92,508$126,167-$218,675
Depreciation Depletion$175,732$13,499-$189,231
Comp Disqual Persons-$138,400-$138,400
Other Expenses$106,159$175,000-$106,159
Pension Plan Contributions$64,438$34,627-$99,065
Office Expenses-$83,466-$83,466
Occupancy$33,588$41,912-$75,500
Fees for Services Accounting-$33,763-$33,763
Insurance$29,190$2,242-$31,432
Grants to Domestic Orgs$23,626--$23,626
Fees for Services Legal-$3,371-$3,371
Travel-$1,523-$1,523
Total Functional Expenses$3,442,380$1,617,624$0$5,060,004

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,520,071
Expenses per Audited Statements$5,060,004
Total Expenses per Form 990$5,060,004
Expenses Not Reported on Form 990$460,067
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Voorheesville Central School DistrictVoorheesville, NYVoorheesville C.s.d.See Schedule I Part Iv to Support the Dissemination of Effective Practices and Programs That Have Been Developed, Tested and Proven Successful in Significantly Increasing Student Achievement in New York Charter Schools.$4,578
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
AThe Industrial Development Authority of the City of Phoenix Arizona2012-12-14$8,400,000Purchase of an education facility

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,400,000-$425,000$438,136

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
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 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 A, Line 8B

Minutes to committee meetings are not officially kept. The committee chair reports back to the board members and the recommendations/accomplishments are reported in the board minutes at that time.

Form 990, Part VI, Section B, Line 11

The form 990 is presented to the board of directors prior to submission.

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

The board of directors annually reviews the conflict of interest policy, and any time during the year where there is a possible conflict.

Form 990, Part VI, Section B, Line 15

The director's compensation is reviewed by the board of directors annually. The board of directors review the school's performance compared to similar schools and uses value added analysis in determing compensation.

Form 990, Part VI, Section C, Line 19

The governing documents and form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
Kipp Tech Valley Charter School
EIN
20-1347748
Phone
5186949494
Address
1 DUDLEY HEIGHTS, ALBANY, NY 12210

Signing Officer

Name
Dustin T Mitchell
Title
Executive Director
Phone
5186949494
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John P Reilly
Formed
2006
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
56
Volunteers
0

Preparer

Firm
Marvin and Company Pc
Address
11 BRITISH AMERICAN BLVD, LATHAM, NY 12110-1405
Preparer
Karl F Newton CPA
Phone
5187850134
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss on impairment -460,067.

FORM 990, PART XII, LINE 2C:

The organization has a committee to oversee the financial statement audit and the selection of the independent auditor. The procedure has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The 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. Under accounting standard codifications (asc) section 740, 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.

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IRS990/ActivityOrMissionDesc0KIPP TECH VALLEY IS A TUITION FREE COLLEGE PREPARATORY PUBLIC MIDDLE SCHOOL LOCATED IN ALBANY, NY. BY PROVIDING A SAFE, STRUCTURED AND SUPPORTIVE LEARNING ENVIRONMENT FOR EVERY CHILD, KIPP TECH VALLEY WILL HELP EACH STUDENT ACQUIRE AND APPLY THE KNOWLEDGE, SKILLS, AND CHARACTER HABITS NECESSARY TO SUCCEED IN HIGH SCHOOL, COLLEGE AND BEYOND.
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IRS990/MissionDesc0THE SCHOOL'S PRIMARY PURPOSE IS TO PREPARE STUDENTS FOR FUTURE OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08125000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07975000
IRS990/NetAssetsOrFundBalancesBOYAmt0701911
IRS990/NetAssetsOrFundBalancesEOYAmt0140800
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt016824
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt041912
IRS990/OccupancyGrp/ProgramServicesAmt033588
IRS990/OccupancyGrp/TotalAmt075500
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt083466
IRS990/OfficeExpensesGrp/TotalAmt083466
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0972291
IRS990/OtherAssetsTotalGrp/EOYAmt0619339
IRS990/OtherChangesInNetAssetsAmt0-460067
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt085726
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0159529
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0245255
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2FOOD PROGRAM
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0175000
IRS990/OtherExpensesGrp/ProgramServicesAmt0312648
IRS990/OtherExpensesGrp/ProgramServicesAmt1130101
IRS990/OtherExpensesGrp/ProgramServicesAmt2106159
IRS990/OtherExpensesGrp/TotalAmt0312648
IRS990/OtherExpensesGrp/TotalAmt1175000
IRS990/OtherExpensesGrp/TotalAmt2130101
IRS990/OtherExpensesGrp/TotalAmt3106159
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0751902
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01656770
IRS990/OtherSalariesAndWagesGrp/TotalAmt02408672
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt088064
IRS990/PayrollTaxesGrp/ProgramServicesAmt0163878
IRS990/PayrollTaxesGrp/TotalAmt0251942
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt034627
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt064438
IRS990/PensionPlanContributionsGrp/TotalAmt099065
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010216
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0135277
IRS990/PrincipalOfficerNm0JOHN P REILLY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0FEES AND CONTRACT FROM
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04322315
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1457
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04322315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1457
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL EDUCATION PROGRAM - PROVIDES CHILDREN WITH SPECIAL NEEDS WITH APPROPRIATELY BASED EDUCATIONAL ASSISTANCE. APPROXIMATELY 7 STUDENTS SERVED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0173840
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt048848
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER PROGRAMS - FIELD TRIPS, TRANSPORTATION, AND NUTRITIONAL PROGRAMS FOR STUDENTS IN GRADES 5-8.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0578064
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0292810
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0726103
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt065627
IRS990/PYInvestmentIncomeAmt092
IRS990/PYOtherExpensesAmt01750002
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04123433
IRS990/PYRevenuesLessExpensesAmt0-48038
IRS990/PYSalariesCompEmpBnftPaidAmt03082037
IRS990/PYTotalExpensesAmt04897666
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04849628
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-101044
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04555919
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/BookValueAmt04704879
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0469935
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05174814
IRS990ScheduleD/EquipmentGrp/BookValueAmt041669
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0416402
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0458071
IRS990ScheduleD/ExpensesNotReportedAmt0460067
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05060004
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02105892
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02105892
IRS990ScheduleD/LossesReportedAmt0460067
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0202591
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1366748
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt250000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM SCHOOL DISTRICTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED FINANCING COST, NET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2FACILITY PURCHASE DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0786540
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BOND TRUST ACCOUNTS, RESTRICTED
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04958960
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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. UNDER ACCOUNTING STANDARD CODIFICATIONS (ASC) SECTION 740, 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06852440
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0619339
IRS990ScheduleD/TotalBookValueSecuritiesAmt0786540
IRS990ScheduleD/TotalExpensesPerForm990Amt05060004
IRS990ScheduleD/TotalRevenuePerForm990Amt04958960
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04958960
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05520071
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/ExplanationTxt0NEWSPAPERS AND WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THERE IS NO TUITION CHARGED FOR ENROLLMENT IN THE SCHOOL; THEREFORE, FINANACIAL ASSISTANCE & SCHOLARSHIPS ARE NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2EXPLANATION OF GOVERNMENT FINANCIAL AID: THE SCHOOL RECEIVES VARIOUS GRANTS FROM NEW YORK STATE DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt04578
IRS990ScheduleI/RecipientTable/IRCSectionDesc0VOORHEESVILLE C.S.D.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SEE SCHEDULE I PART IV TO SUPPORT THE DISSEMINATION OF EFFECTIVE PRACTICES AND PROGRAMS THAT HAVE BEEN DEVELOPED, TESTED AND PROVEN SUCCESSFUL IN SIGNIFICANTLY INCREASING STUDENT ACHIEVEMENT IN NEW YORK CHARTER SCHOOLS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VOORHEESVILLE CENTRAL SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0146001739
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0432 NEW SALEM RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0VOORHEESVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd012186
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FUNDS PROVIDED TO VOORHEESVILLE CENTRAL SCHOOL DISTRICT ARE BASED ON THE ACTUAL EXPENDITURES INCURRED AS SUPPORTED BY DOCUMENTATION PROVIDED BY THE SCHOOL DISTRICT. INCURRED EXPENDITURES ARE ALSO COMPARED TO THE APPROVED PROGRAM BUDGET.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0143400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt012200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DUSTIN MITCHELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$104$78.9$24.7$47.4$46.8$0.61
2023Detailed filing. Detailed filing data is available for this year.$57.8$33.7$24.1$47.2$46.6$0.55
2022Detailed filing. Detailed filing data is available for this year.$45.9$29.7$16.2$31.6$29.8$1.81
2021Detailed filing. Detailed filing data is available for this year.$44.2$29.8$14.4$27.1$23.7$3.35
2020Detailed filing. Detailed filing data is available for this year.$20.1$19.1$1.02$13.4$10.9$2.50
2019Detailed filing. Detailed filing data is available for this year.$17.9$18.5$0.58$10.3$9.65$0.68
2018Detailed filing. Detailed filing data is available for this year.$16.7$17.0$0.39$8.55$8.20$0.35
2017Detailed filing. Detailed filing data is available for this year.$14.4$15.5$1.03$7.17$6.54$0.62
2016Detailed filing. Detailed filing data is available for this year.$8.59$8.45$0.14$4.96$5.06$0.10
2015Detailed filing. Detailed filing data is available for this year.$9.20$8.50$0.70$4.85$4.90$0.05
2014Detailed filing. Detailed filing data is available for this year.$9.45$8.70$0.75$4.84$5.31$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.86$8.64$1.22$4.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.23$1.33$3.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.40$0.50$4.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.38$0.14$3.82