Civic Intelligence

The Free School

990 • Fiscal year 2017 • EIN 23-7112492

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

8 Elm StreetAlbany, NY 12202

(518) 434-3072

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$21,283

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

47th percentile

0.3%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-9.9%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$109,101

Up $379 (+0.3%) from 2016

Net Assets

Up

$109,101

Up $379 (+0.3%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$210,037

Down $23,178 (-9.9%) from 2016

Expenses

Up

$233,658

Up $17,633 (+8.2%) from 2016

Net Income

Down

-$23,621

Down $40,811 (-237%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $91,532Net Assets 2015: $91,5322015Assets 2016: $108,722Liabilities 2016: $0Net Assets 2016: $108,7222016Assets 2017: $109,101Liabilities 2017: $0Net Assets 2017: $109,1012017Assets 2018: $108,077Liabilities 2018: $0Net Assets 2018: $108,0772018Assets 2019: $107,528Liabilities 2019: $0Net Assets 2019: $107,5282019Assets 2020: $661,642Liabilities 2020: $0Net Assets 2020: $661,6422020

Highlighted filing

2017

Assets$109,101
Liabilities$0
Net Assets$109,101

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $154,808Expenses 2015: $158,423Net Income 2015: -$3,6152015Revenue 2016: $233,215Expenses 2016: $216,025Net Income 2016: $17,1902016Revenue 2017: $210,037Expenses 2017: $233,658Net Income 2017: -$23,6212017Revenue 2018: $147,132Expenses 2018: $148,156Net Income 2018: -$1,0242018Revenue 2019: $224,227Expenses 2019: $224,776Net Income 2019: -$5492019Revenue 2020: $609,394Expenses 2020: $230,291Net Income 2020: $379,1032020

Highlighted filing

2017

Revenue$210,037
Expenses$233,658
Net Income-$23,621
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$210,037
Mission and Program Overview

Mission

To provide an education for pre-k to 8th grade children in the inner city of albany

The free school is a private school that educates children from pre k - 8th grade. It is located in the inner city of albany and endeavours to provide a quality education to the youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$96,007$106,212▲ $10,205
Cash and Non-Interest-Bearing Accounts$12,715$2,889▼ $9,826
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$108,722$109,101▲ $379
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$108,722$109,101▲ $379
Total Net Assets Fund Balance$108,722$109,101▲ $379
Total Liabilities and Net Assets / Fund Balance$108,722$109,101▲ $379

Asset Categories

AssetBook ValueDepreciationBasis
Land$81,017-$81,017
Leasehold Improvements$25,195$692$25,887
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tershia EllisExecutive DirectorFT$21,283$21,283

Board Members and Trustees

NameTitle
Anthony LittlejohnDirector
Bhawin SuchakDirector
Dan YacobellisDirector
Sharon HowellDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$116,865
Program Service Revenue
$93,172
Investment Income
$0
Other Revenue
$0
All Other Contributions
$116,865
Change in Net Assets
$-23,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$147,736
Other Expenses$85,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,568$10,508-$105,076
Occupancy$21,600$2,400-$24,000
Payroll Taxes$19,239$2,138-$21,377
Current Officers, Directors, Trustees, and Key Employees$19,155$2,128-$21,283
All Other Expenses$16,309$1,549-$17,858
Insurance$10,003$1,111-$11,114
Other Expenses$4,442$493-$4,935
Office Expenses$2,210$246-$2,456
Fees for Services Accounting$2,106$234-$2,340
Fees for Services Other$698$77-$775
Depreciation Depletion$536$59-$595
Advertising$225$25-$250
Total Functional Expenses$210,531$23,127$0$233,658
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Line 11B: Form 990 Review Process

Executive director reviews form 990 prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
The Free School
EIN
23-7112492
Phone
5184343072
Address
8 ELM STREET, ALBANY, NY 12202

Signing Officer

Name
Tershia Ellis
Title
Executive Director
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tershia Ellis
Formed
1969
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
11

Preparer

Firm
Slocum DeAngelus & Assocs CPAs PC
Address
974 Albany-Shaker Road, Latham, NY 12110
Preparer
Michael J Ryan CPA
Phone
5187836000
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR REVIEWS FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
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IRS990/TaxExemptBondsInd0false
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IRS990/TotalAssetsBOYAmt0108722
IRS990/TotalAssetsEOYAmt0109101
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0116865
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023127
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0210531
IRS990/TotalFunctionalExpensesGrp/TotalAmt0233658
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0108722
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0109101
IRS990/TotalProgramServiceExpensesAmt0210531
IRS990/TotalProgramServiceRevenueAmt093172
IRS990/TotalReportableCompFromOrgAmt021283
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt093172
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0210037
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0108722
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0109101
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0108722
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0109101
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08 ELM STREET
IRS990/USAddress/CityNm0ALBANY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012202
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.ALBANYFREESCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERSHIA ELLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FREE SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0237112492
ReturnHeader/Filer/PhoneNum05184343072
ReturnHeader/Filer/USAddress/AddressLine1Txt08 ELM STREET
ReturnHeader/Filer/USAddress/CityNm0ALBANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012202
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Slocum DeAngelus & Assocs CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0974 Albany-Shaker Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Latham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012110
ReturnHeader/PreparerPersonGrp/PhoneNum05187836000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J RYAN CPA
ReturnHeader/ReturnTs02018-05-15T12:52:15-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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