Civic Intelligence

Icahn Charter School 2

990 • Fiscal year 2012 • EIN 20-5816198

Jul 01, 2011 to Jun 30, 2012 • Filed on May 15, 2013

767 Fifth Avenue10153
Siviq Scores

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

Liabilities / Assets

28th percentile

0.08x

Higher debt load relative to assets than 28% of similar nonprofits.

2012 filings • NTEE B • $10M-$25M 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

100th percentile

535%

Faster asset growth than 100% of similar nonprofits.

2012 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$9,861,965

Up $8,307,768 (+535%) from 2011

Net Assets

Up

$9,119,894

Up $8,264,053 (+966%) from 2011

Liabilities

Up

$742,071

Up $43,715 (+6.3%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,520,913

Up $1,073,699 (+31%) 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$0Assets 2010: $1,070,246Liabilities 2010: $494,241Net Assets 2010: $576,0052010Assets 2011: $1,554,197Liabilities 2011: $698,356Net Assets 2011: $855,8412011Assets 2012: $9,861,965Liabilities 2012: $742,071Net Assets 2012: $9,119,8942012Assets 2013: $9,188,987Liabilities 2013: $793,258Net Assets 2013: $8,395,7292013Assets 2014: $8,596,344Liabilities 2014: $910,707Net Assets 2014: $7,685,6372014Assets 2015: $7,924,188Liabilities 2015: $902,219Net Assets 2015: $7,021,9692015Assets 2016: $7,477,419Liabilities 2016: $1,028,673Net Assets 2016: $6,448,7462016Assets 2017: $6,742,218Liabilities 2017: $912,314Net Assets 2017: $5,829,9042017Assets 2018: $6,393,830Liabilities 2018: $1,083,323Net Assets 2018: $5,310,5072018Assets 2019: $5,812,485Liabilities 2019: $1,174,483Net Assets 2019: $4,638,0022019Assets 2020: $5,418,684Liabilities 2020: $970,558Net Assets 2020: $4,448,1262020Assets 2021: $5,595,494Liabilities 2021: $1,277,583Net Assets 2021: $4,317,9112021Assets 2022: $4,798,537Liabilities 2022: $1,595,605Net Assets 2022: $3,202,9322022Assets 2023: $3,570,503Liabilities 2023: $1,295,077Net Assets 2023: $2,275,4262023Assets 2024: $3,016,085Liabilities 2024: $1,344,097Net Assets 2024: $1,671,9882024Assets 2025: $2,633,331Liabilities 2025: $1,392,028Net Assets 2025: $1,241,3032025

Highlighted filing

2012

Assets$9,861,965
Liabilities$742,071
Net Assets$9,119,894

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,422,5442010Expenses 2011: $3,447,2142011Expenses 2012: $4,520,9132012Expenses 2013: $5,086,4792013Revenue 2014: $4,776,668Expenses 2014: $5,486,760Net Income 2014: -$710,0922014Revenue 2015: $4,875,871Expenses 2015: $5,539,539Net Income 2015: -$663,6682015Revenue 2016: $4,812,455Expenses 2016: $4,732,475Net Income 2016: $79,9802016Revenue 2017: $4,941,011Expenses 2017: $4,918,527Net Income 2017: $22,4842017Revenue 2018: $5,085,388Expenses 2018: $4,999,091Net Income 2018: $86,2972018Revenue 2019: $5,310,089Expenses 2019: $5,376,900Net Income 2019: -$66,8112019Revenue 2020: $5,512,090Expenses 2020: $5,096,271Net Income 2020: $415,8192020Revenue 2021: $5,527,174Expenses 2021: $5,051,694Net Income 2021: $475,4802021Revenue 2022: $5,916,462Expenses 2022: $6,425,746Net Income 2022: -$509,2842022Revenue 2023: $6,501,561Expenses 2023: $6,823,372Net Income 2023: -$321,8112023Revenue 2024: $6,849,260Expenses 2024: $6,847,003Net Income 2024: $2,2572024Revenue 2025: $6,887,544Expenses 2025: $6,712,534Net Income 2025: $175,0102025

Highlighted filing

2012

Revenue-
Expenses$4,520,913
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 15, 2013
Return Version
2011v1.5
Gross Receipts
$12,784,966
Mission and Program Overview

Mission

See schedule othe mission of icahn charter schools is to cultivate a climate of collaborative excellence among students, staff, families, and the community. Our four pillars of transformative education guide icahn educators as they adopt a holistic approach to teaching and learning that addresses the academic, social, and emotional needs of our students. The student-centered learning experience is defined through individualized learning environments that empower icahn students to take ownership of their education. Our core knowledge curriculum and instructional practices promote learning through innovation and creativity to meet the needs of our diverse learners. Through strategic partnerships among all stakeholders, icahn student graduate equipped with the skills, knowledge, and personal confidence to participate successfully in the most rigorous academic environments and demonstrate a sense of personal responsibility as global citizens.

Filing and Contact Details

Filer

EIN
20-5816198
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IRS990/MissionDescription0THE ICAHN CHARTER SCHOOL 2 USES A RIGOROUS ACADEMIC PROGRAM FOR GRADES K THROUGH 5 IN ORDER TO PREPARE STUDENTS WITH THE SKILLS AND KNOWLEDGE TO PARTICIPATE SUCCESSFULLY IN THE MOST RIGOROUS ACADEMIC ENVIRONMENTS, AND HAVE A SENSE OF PERSONAL AND COMMUNITY RESPONSIBILITY.
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IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs0false
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement0false
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0146557
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg025000
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs050000
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs0230323
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg08564
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs011000
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0BRENDA CARRASQUILLO
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1Jeffrey Litt
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg05933
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0186054
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0291323
IRS990ScheduleJ/InitialContractException0false
IRS990/ScheduleJRequired0true
IRS990ScheduleJ/SeverancePayment0false
IRS990ScheduleJ/SupplementalNonqualRetirePlan0false
IRS990ScheduleO/GeneralExplanation/Explanation0TWO DIRECTORS, CARL C. ICAHN AND GAIL GOLDEN-ICAHN, ARE HUSBAND AND WIFE.
IRS990ScheduleO/GeneralExplanation/Explanation1THE FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT WHO ALSO REVIEWED THE FORM 990 PRIOR TO ITS COMPLETION AND FILING. THE FORM 990 IS PROVIDED TO THE TRUSTEES UPON COMPLETION OF THE INDEPENDENT AUDIT AND PRIOR TO FILING OF THE FORM 990.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.63$1.39$1.24$6.89$6.71$0.18
2024Detailed filing. Detailed filing data is available for this year.$3.02$1.34$1.67$6.85$6.85$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.57$1.30$2.28$6.50$6.82$0.32
2022Detailed filing. Detailed filing data is available for this year.$4.80$1.60$3.20$5.92$6.43$0.51
2021Detailed filing. Detailed filing data is available for this year.$5.60$1.28$4.32$5.53$5.05$0.48
2020Detailed filing. Detailed filing data is available for this year.$5.42$0.97$4.45$5.51$5.10$0.42
2019Detailed filing. Detailed filing data is available for this year.$5.81$1.17$4.64$5.31$5.38$0.07
2018Detailed filing. Detailed filing data is available for this year.$6.39$1.08$5.31$5.09$5.00$0.09
2017Detailed filing. Detailed filing data is available for this year.$6.74$0.91$5.83$4.94$4.92$0.02
2016Detailed filing. Detailed filing data is available for this year.$7.48$1.03$6.45$4.81$4.73$0.08
2015Detailed filing. Detailed filing data is available for this year.$7.92$0.90$7.02$4.88$5.54$0.66
2014Detailed filing. Detailed filing data is available for this year.$8.60$0.91$7.69$4.78$5.49$0.71
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.19$0.79$8.40$5.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.86$0.74$9.12$4.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.70$0.86$3.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.49$0.58$2.42