Civic Intelligence

Pave Academy Charter School

990 • Fiscal year 2016 • EIN 26-2272858

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 27, 2017

Organization ProfileWWW.PAVEACADEMY.ORG

View Organization Page

732 Henry StreetBrooklyn, NY 11231

(718) 858-7813

Siviq Scores

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

Liabilities / Assets

56th percentile

0.38x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.13x

Higher debt load relative to revenue than 40% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

56th percentile

$140,775

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Asset Growth

87th percentile

41%

Faster asset growth than 87% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

18%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$2,827,402

Up $826,126 (+41%) from 2015

Net Assets

Up

$1,763,534

Up $160,760 (+10%) from 2015

Liabilities

Up

$1,063,868

Up $665,366 (+167%) from 2015

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin45th percentile

Revenue

Up

$8,274,853

Up $1,261,975 (+18%) from 2015

Expenses

Up

$8,114,093

Up $1,481,732 (+22%) from 2015

Net Income

Down

$160,760

Down $219,757 (-58%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$10M$5.0M$0Assets 2010: $771,803Liabilities 2010: $163,176Net Assets 2010: $608,6272010Assets 2011: $914,740Liabilities 2011: $234,648Net Assets 2011: $680,0922011Assets 2012: $1,065,850Liabilities 2012: $229,799Net Assets 2012: $836,0512012Assets 2013: $1,018,773Liabilities 2013: $69,075Net Assets 2013: $949,6982013Assets 2014: $1,477,536Liabilities 2014: $219,518Net Assets 2014: $1,258,0182014Assets 2015: $2,001,276Liabilities 2015: $398,502Net Assets 2015: $1,602,7742015Assets 2016: $2,827,402Liabilities 2016: $1,063,868Net Assets 2016: $1,763,5342016Assets 2017: $2,303,888Liabilities 2017: $600,104Net Assets 2017: $1,703,7842017Assets 2018: $2,642,952Liabilities 2018: $797,494Net Assets 2018: $1,845,4582018Assets 2019: $3,175,660Liabilities 2019: $692,461Net Assets 2019: $2,483,1992019Assets 2020: $5,733,218Liabilities 2020: $1,992,182Net Assets 2020: $3,741,0362020Assets 2021: $6,729,514Liabilities 2021: $451,506Net Assets 2021: $6,278,0082021Assets 2022: $8,621,008Liabilities 2022: $518,164Net Assets 2022: $8,102,8442022Assets 2023: $9,526,328Liabilities 2023: $572,277Net Assets 2023: $8,954,0512023Assets 2024: $9,853,151Liabilities 2024: $580,818Net Assets 2024: $9,272,3332024Assets 2025: $9,156,253Liabilities 2025: $622,882Net Assets 2025: $8,533,3712025

Highlighted filing

2016

Assets$2,827,402
Liabilities$1,063,868
Net Assets$1,763,534
Open 2016 Filing

Operations Trend

Revenue Growth74th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,045,2982010Expenses 2011: $2,927,4902011Expenses 2012: $3,656,0412012Expenses 2013: $5,319,8372013Revenue 2014: $6,928,405Expenses 2014: $6,620,085Net Income 2014: $308,3202014Revenue 2015: $7,012,878Expenses 2015: $6,632,361Net Income 2015: $380,5172015Revenue 2016: $8,274,853Expenses 2016: $8,114,093Net Income 2016: $160,7602016Revenue 2017: $9,001,035Expenses 2017: $9,055,808Net Income 2017: -$54,7732017Revenue 2018: $8,916,141Expenses 2018: $8,752,861Net Income 2018: $163,2802018Revenue 2019: $9,618,377Expenses 2019: $8,980,636Net Income 2019: $637,7412019Revenue 2020: $10,563,483Expenses 2020: $9,305,646Net Income 2020: $1,257,8372020Revenue 2021: $11,982,320Expenses 2021: $9,435,062Net Income 2021: $2,547,2582021Revenue 2022: $11,963,319Expenses 2022: $10,138,483Net Income 2022: $1,824,8362022Revenue 2023: $12,189,599Expenses 2023: $11,338,392Net Income 2023: $851,2072023Revenue 2024: $11,981,916Expenses 2024: $11,663,634Net Income 2024: $318,2822024Revenue 2025: $10,795,939Expenses 2025: $11,534,901Net Income 2025: -$738,9622025

Highlighted filing

2016

Revenue$8,274,853
Expenses$8,114,093
Net Income$160,760
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 27, 2017
Return Version
2015v3.0
Gross Receipts
$8,274,853
Mission and Program Overview

Mission

Pave academy prepares students in various grades to thrive in competitive high schools, and four year colleges. The school provides the children of brooklyn with a rigorous academic program, and a school community built on the school's core values of perseverance, achievement, vibrance, and excellent character (pave).

Prepares students to thrive in competitive high schools and four year colleges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,152,241$1,728,350▲ $576,109
Pledges and Grants Receivable$174,778$418,829▲ $244,051
Savings and Temporary Cash Investments$332,873$333,748▲ $875
Land, Buildings, and Equipment, Net$105,088$124,103▲ $19,015
Accounts Receivable$125,096$79,924▼ $45,172
Prepaid Expenses and Deferred Charges$35,215$66,349▲ $31,134
Total Assets$2,001,276$2,827,402▲ $826,126
Other Assets Total$75,985$76,099▲ $114
Liabilities
Accounts Payable and Accrued Expenses$352,939$1,063,868▲ $710,929
Deferred Revenue$45,563$0▼ $45,563
Total Liabilities$398,502$1,063,868▲ $665,366
Net Assets / Fund Balance
Unrestricted Net Assets$1,602,774$1,763,534▲ $160,760
Total Net Assets Fund Balance$1,602,774$1,763,534▲ $160,760
Total Liabilities and Net Assets / Fund Balance$2,001,276$2,827,402▲ $826,126

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$61,582$285,978$347,560
Other Land Buildings$62,521$93,190$155,711
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathryn FabianPrincipalFT$130,029$10,746$140,775
Stacie KurtzPrincipalFT$106,457$11,964$118,421
Grace GhazzawiPrincipalFT$21,443$2,451$23,894

Board Members and Trustees

NameTitle
Scott WhitworthBoard Chair
Jamie GreenthalVice Chair
Allie SweeneyTrustee
Daniel GreenblattTrustee
Kim LumpkinTrustee
Melisa MellingTrustee
Nicole McclainTrustee
Michael HealySecretary
Annie HopkinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$614,402
Program Service Revenue
$7,581,258
Investment Income
$990
Other Revenue
$78,203
All Other Contributions
$5,098
Change in Net Assets
$160,760

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,274,853
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,155
Total Revenue per Audited Statements
$8,276,008
Total Revenue per Form 990
$8,274,853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,833,126
Other Expenses$3,280,967
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,200,678$402,321-$3,602,999
Occupancy$699,980$88,426-$788,406
Fees for Services Management$642,295$81,138-$723,433
Other Employee Benefits$437,001$55,206-$492,207
Fees for Services Other$380,423$48,059-$428,482
Current Officers, Directors, Trustees, and Key Employees$337,302$42,416-$379,718
Payroll Taxes$279,223$35,273-$314,496
Depreciation Depletion$51,047$6,449-$57,496
Travel$46,296$5,848-$52,144
Advertising$42,619$5,384-$48,003
Other Expenses$39,332$4,969-$44,301
Pension Plan Contributions$38,804$4,902-$43,706
All Other Expenses$34,337$4,339-$38,676
Fees for Services Accounting-$29,650-$29,650
Information Technology$25,265$3,191-$28,456
Office Expenses$25,053$3,166-$28,219
Fees for Services Legal$23,097$2,918-$26,015
Insurance$4,754$600-$5,354
Total Functional Expenses$7,289,838$824,255$0$8,114,093

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,115,248
Expenses per Audited Statements$8,114,093
Total Expenses per Form 990$8,114,093
Expenses Not Reported on Form 990$1,155
Expenses Not Reported on Financial Statements$0
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
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 B, Line 11

“Form 990 is reviewed by management and the finance committee of the board of trustees for approval. If changes are required, the school will then forward to the auditing firm and a final version will be distributed to all board members prior to the irs submission.”

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

“The school shares its conflict of interest policy with board members and officers on an annual basis. Officers, directors, and key employees are expected to declare if at any point a conflict of interest arises.”

Form 990, Part VI, Section B, Line 15

“Comparable data is used by the board when determining the compensation of officers and key employees.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, and the financial statements, are all available upon request.”

Filing and Contact Details

Filer

Filer Name
Pave Academy Charter School
EIN
26-2272858
Phone
7188587813
Address
732 HENRY STREET, BROOKLYN, NY 11231

Signing Officer

Name
Jamie Greenthal
Title
Board Chair
Phone
7188587813
Signed
2017-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie Greenthal
Formed
2008
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
91
Volunteers
0

Preparer

Firm
Fruchter Rosen & Co Pc
Address
156 WEST 56TH STREET STE 1804, NEW YORK, NY 10019
Preparer
Gus Saliba
Phone
2129573600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C:

“The school has a finance committee that is responsible for oversight of the audit and selection of the independent auditor.”

Financial Statement Notes

PART X, LINE 2:

“The school's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. The school has no uncertain tax position resulting in an accrual of tax expense or benefit.”

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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0105088
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0124103
IRS990/LandBldgEquipCostOrOtherBssAmt0503271
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PAVE ACADEMY PREPARES STUDENTS IN VARIOUS GRADES TO THRIVE IN COMPETITIVE HIGH SCHOOLS, AND FOUR YEAR COLLEGES. THE SCHOOL PROVIDES THE CHILDREN OF BROOKLYN WITH A RIGOROUS ACADEMIC PROGRAM, AND A SCHOOL COMMUNITY BUILT ON THE SCHOOL'S CORE VALUES OF PERSEVERANCE, ACHIEVEMENT, VIBRANCE, AND EXCELLENT CHARACTER (PAVE).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01602774
IRS990/NetAssetsOrFundBalancesEOYAmt01763534
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt077128
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt077128
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt088426
IRS990/OccupancyGrp/ProgramServicesAmt0699980
IRS990/OccupancyGrp/TotalAmt0788406
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03166
IRS990/OfficeExpensesGrp/ProgramServicesAmt025053
IRS990/OfficeExpensesGrp/TotalAmt028219
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt075985
IRS990/OtherAssetsTotalGrp/EOYAmt076099
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt055206
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0437001
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0492207
IRS990/OtherExpensesGrp/Desc0CLASSROOM AND OFFICE SU
IRS990/OtherExpensesGrp/Desc1STUDENT MEALS
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc3NON-CAPITALIZED EQUIPME
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04969
IRS990/OtherExpensesGrp/ProgramServicesAmt0464096
IRS990/OtherExpensesGrp/ProgramServicesAmt1399503
IRS990/OtherExpensesGrp/ProgramServicesAmt2118733
IRS990/OtherExpensesGrp/ProgramServicesAmt339332
IRS990/OtherExpensesGrp/TotalAmt0464096
IRS990/OtherExpensesGrp/TotalAmt1399503
IRS990/OtherExpensesGrp/TotalAmt2118733
IRS990/OtherExpensesGrp/TotalAmt344301
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01075
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01075
IRS990/OtherRevenueTotalAmt01075
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0402321
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03200678
IRS990/OtherSalariesAndWagesGrp/TotalAmt03602999
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035273
IRS990/PayrollTaxesGrp/ProgramServicesAmt0279223
IRS990/PayrollTaxesGrp/TotalAmt0314496
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04902
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt038804
IRS990/PensionPlanContributionsGrp/TotalAmt043706
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0174778
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0418829
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035215
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt066349
IRS990/PrincipalOfficerNm0JAMIE GREENTHAL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07581258
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07581258
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0636513
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01111
IRS990/PYOtherExpensesAmt02236047
IRS990/PYOtherRevenueAmt091872
IRS990/PYProgramServiceRevenueAmt06283382
IRS990/PYRevenuesLessExpensesAmt0380517
IRS990/PYSalariesCompEmpBnftPaidAmt04396314
IRS990/PYTotalExpensesAmt06632361
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07012878
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0160760
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt077128
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07581258
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0332873
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0333748
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/DonatedServicesAndUseFcltsAmt01155
IRS990ScheduleD/DonatedServicesUseFcltsAmt01155
IRS990ScheduleD/EquipmentGrp/BookValueAmt061582
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0285978
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0347560
IRS990ScheduleD/ExpensesNotReportedAmt01155
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08114093
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt062521
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt093190
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0155711
IRS990ScheduleD/RevenueNotReportedAmt01155
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08274853
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITION RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0124103
IRS990ScheduleD/TotalExpensesPerForm990Amt08114093
IRS990ScheduleD/TotalRevenuePerForm990Amt08274853
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08276008
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08115248
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL INCLUDES A NON-DISCRIMINATORY POLICY IN ITS PUBLICATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS, ARE ALL AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02001276
IRS990/TotalAssetsEOYAmt02827402
IRS990/TotalAssetsGrp/BOYAmt02001276
IRS990/TotalAssetsGrp/EOYAmt02827402
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0614402

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,827,402
Liabilities
$1,063,868
Net assets
$1,763,534
Revenue
$8,274,853
Expenses
$8,114,093
Net income
$160,760
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.16$0.62$8.53$10.8$11.5$0.74
2024Detailed filing. Detailed filing data is available for this year.$9.85$0.58$9.27$12.0$11.7$0.32
2023Detailed filing. Detailed filing data is available for this year.$9.53$0.57$8.95$12.2$11.3$0.85
2022Detailed filing. Detailed filing data is available for this year.$8.62$0.52$8.10$12.0$10.1$1.82
2021Detailed filing. Detailed filing data is available for this year.$6.73$0.45$6.28$12.0$9.44$2.55
2020Detailed filing. Detailed filing data is available for this year.$5.73$1.99$3.74$10.6$9.31$1.26
2019Detailed filing. Detailed filing data is available for this year.$3.18$0.69$2.48$9.62$8.98$0.64
2018Detailed filing. Detailed filing data is available for this year.$2.64$0.80$1.85$8.92$8.75$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.30$0.60$1.70$9.00$9.06$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.83$1.06$1.76$8.27$8.11$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.00$0.40$1.60$7.01$6.63$0.38
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.22$1.26$6.93$6.62$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.07$0.95$5.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.23$0.84$3.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.23$0.68$2.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.16$0.61$2.05