Civic Intelligence

Icahn Charter School 3

990 • Fiscal year 2011 • EIN 26-2271604

Jul 01, 2010 to Jun 30, 2011 • Filed on Apr 25, 2012

767 Fifth Avenue10153
Siviq Scores

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

Liabilities / Assets

71st percentile

0.38x

Higher debt load relative to assets than 71% of similar nonprofits.

2011 filings • NTEE B • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

88th percentile

58%

Faster asset growth than 88% of similar nonprofits.

2011 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,393,894

Up $511,825 (+58%) from 2010

Net Assets

Up

$860,309

Up $340,763 (+66%) from 2010

Liabilities

Up

$533,585

Up $171,062 (+47%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,674,284

Up $787,290 (+42%) from 2010

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.

$15M$10M$5.0M$0Assets 2010: $882,069Liabilities 2010: $362,523Net Assets 2010: $519,5462010Assets 2011: $1,393,894Liabilities 2011: $533,585Net Assets 2011: $860,3092011Assets 2012: $1,692,872Liabilities 2012: $631,538Net Assets 2012: $1,061,3342012Assets 2013: $2,031,019Liabilities 2013: $656,764Net Assets 2013: $1,374,2552013Assets 2014: $2,331,141Liabilities 2014: $800,151Net Assets 2014: $1,530,9902014Assets 2015: $3,147,410Liabilities 2015: $899,616Net Assets 2015: $2,247,7942015Assets 2016: $3,476,337Liabilities 2016: $893,069Net Assets 2016: $2,583,2682016Assets 2017: $3,692,456Liabilities 2017: $876,984Net Assets 2017: $2,815,4722017Assets 2018: $4,126,772Liabilities 2018: $1,085,886Net Assets 2018: $3,040,8862018Assets 2020: $11,633,131Liabilities 2020: $1,005,497Net Assets 2020: $10,627,6342020Assets 2021: $12,447,000Liabilities 2021: $1,374,197Net Assets 2021: $11,072,8032021Assets 2022: $12,354,519Liabilities 2022: $1,563,084Net Assets 2022: $10,791,4352022

Highlighted filing

2011

Assets$1,393,894
Liabilities$533,585
Net Assets$860,309

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: $1,886,9942010Expenses 2011: $2,674,2842011Expenses 2012: $3,289,7592012Expenses 2013: $3,832,2292013Revenue 2014: $4,324,286Expenses 2014: $4,167,551Net Income 2014: $156,7352014Revenue 2015: $4,809,512Expenses 2015: $4,092,708Net Income 2015: $716,8042015Revenue 2016: $4,631,807Expenses 2016: $4,296,333Net Income 2016: $335,4742016Revenue 2017: $4,940,120Expenses 2017: $4,707,916Net Income 2017: $232,2042017Revenue 2018: $5,094,317Expenses 2018: $4,868,903Net Income 2018: $225,4142018Revenue 2020: $5,567,755Expenses 2020: $4,895,957Net Income 2020: $671,7982020Revenue 2021: $5,514,780Expenses 2021: $5,069,611Net Income 2021: $445,1692021Revenue 2022: $6,158,154Expenses 2022: $6,439,522Net Income 2022: -$281,3682022

Highlighted filing

2011

Revenue-
Expenses$2,674,284
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Apr 25, 2012
Return Version
2010v3.7
Gross Receipts
$3,015,047
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
26-2271604
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IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs116500
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0166085
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs1303688
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 AND FORM 990 ARE REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM PRIOR TO THEIR COMPLETION AND FILING. THE FORM 990 IS MADE AVAILABLE TO THE TRUSTEES UPON COMPLETION OF THE INDEPENDENT AUDIT AND PRIOR TO THE FILING OF THE Form 990.
IRS990ScheduleO/GeneralExplanation/Explanation2THE SCHOOL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, or audited financial statements AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/GeneralExplanation/Explanation3IF THE BOARD OR A COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD HIM OR HER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD DETERMINES THAT THE INTERESTED PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE ACTION WHICH MAY INCLUDE RECOMMENDATION TO THE BOARD FOR REMOVAL FROM THE BOARD OR TERMINATION OF EMPLOYMENT, AS WELL AS RECONSIDERATION OF WHETHER THE TRANSACTION OR ARRANGEMENT WAS IN THE BEST INTERESTS OF AND FAIR AND REASONABLE TO THE SCHOOL AT THE TIME IT WAS UNDERTAKEN. IF IT IS DETERMINED THAT THE TRANSACTION WAS NOT FAIR AND REASONABLE TO THE SCHOOL, THE SCHOOL IN ITS DISCRETION, MAY AVOID THE CONTRACT AND/OR REQUIRE THE INTERESTED PERSON TO RESTORE THE SCHOOL TO THE FINANCIAL POSITION IT WOULD HAVE BEEN IN IF SUCH PERSON HAD BEEN DEALING UNDER THE HIGHEST FIDUCIARY STANDING.
IRS990ScheduleO/GeneralExplanation/Explanation4THE COMPENSATION PAID TO KEY EMPLOYEES IS REASONABLE BASED ON THE DUTIES AND RESPONSIBILITIES OF THE POSITIONS, THE TIME SPENT PERFORMING THEIR DUTIES, AND THEIR PERFORMANCE LEVEL. THIS IS DETERMINED BY CONDUCTING RESEARCH OF COMPENSATION FOR SIMILAR POSITIONS AT SIMILAR TYPES OF SCHOOLS. NO COMPENSATION IS PAID TO THE OFFICERS OF THE SCHOOL. THE COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF Directors ANNUALLY AND INCLUDED IN THE MINUTES.
IRS990ScheduleO/GeneralExplanation/Explanation5THE SCHOOL PTA ELECTS ONE OF THE TRUSTEES.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$1.56$10.8$6.16$6.44$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$1.37$11.1$5.51$5.07$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$1.01$10.6$5.57$4.90$0.67
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$1.09$3.04$5.09$4.87$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.88$2.82$4.94$4.71$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.48$0.89$2.58$4.63$4.30$0.34
2015Detailed filing. Detailed filing data is available for this year.$3.15$0.90$2.25$4.81$4.09$0.72
2014Detailed filing. Detailed filing data is available for this year.$2.33$0.80$1.53$4.32$4.17$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.66$1.37$3.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.63$1.06$3.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.53$0.86$2.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.36$0.52$1.89
Peer Organizations

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