Civic Intelligence

True North Troy Preparatory

EIN 26-2857555 • 501(c)3 • Troy, NY

Profile

The mission of true north troy preparatory charter school ("troy prep") is to prepare all students to enter and succeed in college through effort, achievement, and the content of their character.

2 Polk StreetTroy, NY 12180

www.uncommonschools.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.10x

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

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

22nd percentile

0.06x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

54th percentile

5.9%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

32nd percentile

$136,618

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $7,178,391 (-100%) from 2021

Liabilities

Down

$0

Down $652,404 (-100%) from 2021

Net Assets

Down

$0

Down $6,525,987 (-100%) from 2021

Revenue

Down

$0

Down $12,671,535 (-100%) from 2021

Expenses

Down

$0

Down $11,257,100 (-100%) from 2021

Net Income

Down

$0

Down $1,414,435 (-100%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $689,655Liabilities 2011: $124,631Net Assets 2011: $565,0242011Assets 2012: $1,441,029Liabilities 2012: $671,789Net Assets 2012: $769,2402012Assets 2013: $1,640,900Liabilities 2013: $483,120Net Assets 2013: $1,157,7802013Assets 2015: $2,297,400Liabilities 2015: $279,346Net Assets 2015: $2,018,0542015Assets 2016: $3,048,987Liabilities 2016: $328,677Net Assets 2016: $2,720,3102016Assets 2017: $4,182,250Liabilities 2017: $566,499Net Assets 2017: $3,615,7512017Assets 2018: $4,787,293Liabilities 2018: $457,394Net Assets 2018: $4,329,8992018Assets 2019: $5,457,735Liabilities 2019: $552,509Net Assets 2019: $4,905,2262019Assets 2020: $5,491,890Liabilities 2020: $380,338Net Assets 2020: $5,111,5522020Assets 2021: $7,178,391Liabilities 2021: $652,404Net Assets 2021: $6,525,9872021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Expenses 2011: $2,271,9422011Expenses 2012: $4,357,7692012Expenses 2013: $5,597,3232013Revenue 2015: $7,598,918Expenses 2015: $7,001,377Net Income 2015: $597,5412015Revenue 2016: $8,658,085Expenses 2016: $7,955,829Net Income 2016: $702,2562016Revenue 2017: $9,291,772Expenses 2017: $8,396,331Net Income 2017: $895,4412017Revenue 2018: $10,478,059Expenses 2018: $9,763,911Net Income 2018: $714,1482018Revenue 2019: $11,674,658Expenses 2019: $11,099,331Net Income 2019: $575,3272019Revenue 2020: $11,780,483Expenses 2020: $11,574,157Net Income 2020: $206,3262020Revenue 2021: $12,671,535Expenses 2021: $11,257,100Net Income 2021: $1,414,4352021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2022

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.2
Gross Receipts
$11,780,483
Mission and Program Overview

Mission

The mission of true north troy preparatory charter school ("troy prep") is to prepare all students to enter and succeed in college through effort, achievement, and the content of their character. All true north troy preparatory students will demonstrate excellence in reading, writing, math, science and history while consistently exemplifying the virtues of caring, courage, respect, responsibility, justice and hard work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,647,688$2,373,306▼ $274,382
Land, Buildings, and Equipment, Net$1,628,741$1,428,614▼ $200,127
Accounts Receivable$417,053$1,135,375▲ $718,322
Pledges and Grants Receivable$308,703$260,035▼ $48,668
Prepaid Expenses and Deferred Charges$379,566$218,233▼ $161,333
Total Assets$5,457,735$5,491,890▲ $34,155
Other Assets Total$75,984$76,327▲ $343
Liabilities
Accounts Payable and Accrued Expenses$552,509$380,338▼ $172,171
Total Liabilities$552,509$380,338▼ $172,171
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,905,226$5,111,552▲ $206,326
Total Net Assets Fund Balance$4,905,226$5,111,552▲ $206,326
Total Liabilities and Net Assets / Fund Balance$5,457,735$5,491,890▲ $34,155

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,094,814$564,570$1,659,384
Equipment$178,326$1,146,338$1,324,664
Other Land Buildings$155,474$208,540$364,014
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maisie WrightHs PrincipalFT$113,134$10,117$123,251
Alina DaleyMs Director of OperationsFT$103,055$12,123$115,178

Board Members and Trustees

NameTitle
Jeff BuellChair
Michael BlakeManaging Director, Ny Schools
Barb MccandlessTrustee
Drey Martone EddTrustee
Heather LavineTrustee
Joe BonillaTrustee
Shariff KabirTrustee
Doug LemovSecretary
Robert BellaforeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Uncommon Schools INCManagement Services55 BROAD ST 3RD FL, New York, NY 10004$1,110,010
Revolution Foods INCStudent Meal ServicesPO BOX 742759, Los Angeles, CA 90074$533,643
True North Tyler Street LLCRent55 BROAD ST 3RD FL, New York, NY 10004$506,100
True North River Street LLCRent55 BROAD ST 3RD FL, New York, NY 10004$330,000
Mindshiftricoh Tenchology SupportTechnology SupportPO BOX 827577, Philadelphia, PA 19182$227,384
Revenue and Support

Revenue Composition

Contributions and Grants
$1,034,057
Program Service Revenue
$10,718,779
Investment Income
$343
Other Revenue
$27,304
All Other Contributions
$138,730
Change in Net Assets
$206,326

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,780,483
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,780,483
Total Revenue per Form 990
$11,780,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,052,653
Other Expenses$5,521,504
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,206,504$720,021-$4,926,525
Fees for Services Management$1,104,608$194,931-$1,299,539
Occupancy$940,444$35,916-$976,360
Other Employee Benefits$536,222$91,889-$628,111
Depreciation Depletion$416,496$4,868-$421,364
Payroll Taxes$325,950$55,363-$381,313
All Other Expenses$259,697$7,252-$266,949
Other Expenses$263,300--$263,300
Fees for Services Other$186,609$35,235-$221,844
Office Expenses$71,746$135,141-$206,887
Information Technology$86,617$79,368-$165,985
Insurance-$140,753-$140,753
Pension Plan Contributions$99,800$16,904-$116,704
Fees for Services Legal-$37,155-$37,155
Advertising$25,450--$25,450
Fees for Services Accounting-$24,911-$24,911
Total Functional Expenses$9,994,450$1,579,707$0$11,574,157

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,574,157
Total Expenses per Audited Statements$11,574,157
Total Expenses per Form 990$11,574,157
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Business relationship with 35% controlled entity
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The school utilizes uncommon schools, inc., an unrelated 501(c)(3) organization, to provide management and other administrative support services to the school. The school delegates hiring of certain employees, planning and executing budgets, and other financial operations to uncommon schools, inc. Usi does not compensate doug lemov, an employee of usi, to be on the board of the school and his involvement with the board is on a volunteer basis. Michael blake is an employee of usi and is the managing director of the new york state regions. The charter school pays uncommon schools inc. Management fees for the services provided including the services of michael blake. Michael blake received 2019 compensation from uncommon schools, inc. In the amount of $163,069 and nontaxable benefits of $6,799.

Form 990, Part VI, Section A, Line 7A

Included in the memorandum of understanding between the school and the management company, the management company is allowed to have one representative on the board of trustees.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the finance director, accounting director and cfo in detail. It is then reviewed by the board of directors, approved and filed.

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

All new members are required to sign the conflict of interest policy. Board members are bound by fiduciary duty to disclose any conflicts. Annually a resolution is adopted reaffirming a commitment to the policy.

Form 990, Part VI, Section B, Line 15

Through the annual budget process, all compensation for key employees is approved by the school board of trustees.

Form 990, Part VI, Section C, Line 19

These documents are located at the main office of the organization and are available upon request.

Filing and Contact Details

Filer

Filer Name
True North Troy Preparatory
EIN
26-2857555
Phone
5184453100
Address
2 POLK STREET, TROY, NY 12180

Signing Officer

Name
Jennifer Consilvio
Title
Chief Financial Officer
Phone
5184453100
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Blake
Formed
2008
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
7
Employees
138
Volunteers
8

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Raymond J Jacobi
Phone
5854231860
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process is consistent with prior years.

Financial Statement Notes

PART X, LINE 2:

The charter school is a tax-exempt organization under section 501(c)(3) of the internal revenue code and applicable state regulations and, accordingly, is exempt from federal and state taxes on income. The charter school files form 990 tax returns in the u.s. Federal jurisdiction. The tax returns for the years ended june 30, 2017 through june 30, 2020 are still subject to potential audit by the irs. Management of the charter school believes it has no material uncertain tax positions and, accordingly it will not recognize any liability for unrecognized tax benefits.

Raw XML AppendixShowing 400 of 484 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8MANAGING DIRECTOR, NY SCHOOLS
IRS990/Form990PartVIISectionAGrp/TitleTxt9MS DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10HS PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0895327
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011780483
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt079368
IRS990/InformationTechnologyGrp/ProgramServicesAmt086617
IRS990/InformationTechnologyGrp/TotalAmt0165985
IRS990/InsuranceGrp/ManagementAndGeneralAmt0140753
IRS990/InsuranceGrp/TotalAmt0140753
IRS990/InvestmentIncomeGrp/ExclusionAmt0343
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0343
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01919448
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01628741
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01428614
IRS990/LandBldgEquipCostOrOtherBssAmt03348062
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF TRUE NORTH TROY PREPARATORY CHARTER SCHOOL ("TROY PREP") IS TO PREPARE ALL STUDENTS TO ENTER AND SUCCEED IN COLLEGE THROUGH EFFORT, ACHIEVEMENT, AND THE CONTENT OF THEIR CHARACTER. ALL TRUE NORTH TROY PREPARATORY STUDENTS WILL DEMONSTRATE EXCELLENCE IN READING, WRITING, MATH, SCIENCE AND HISTORY WHILE CONSISTENTLY EXEMPLIFYING THE VIRTUES OF CARING, COURAGE, RESPECT, RESPONSIBILITY, JUSTICE AND HARD WORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04905226
IRS990/NetAssetsOrFundBalancesEOYAmt05111552
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04905226
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05111552
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt035916
IRS990/OccupancyGrp/ProgramServicesAmt0940444
IRS990/OccupancyGrp/TotalAmt0976360
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0135141
IRS990/OfficeExpensesGrp/ProgramServicesAmt071746
IRS990/OfficeExpensesGrp/TotalAmt0206887
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt075984
IRS990/OtherAssetsTotalGrp/EOYAmt076327
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt091889
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0536222
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0628111
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/ProgramServicesAmt0552977
IRS990/OtherExpensesGrp/ProgramServicesAmt1500615
IRS990/OtherExpensesGrp/ProgramServicesAmt2417415
IRS990/OtherExpensesGrp/ProgramServicesAmt3263300
IRS990/OtherExpensesGrp/TotalAmt0552977
IRS990/OtherExpensesGrp/TotalAmt1500615
IRS990/OtherExpensesGrp/TotalAmt2417415
IRS990/OtherExpensesGrp/TotalAmt3263300
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt027304
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027304
IRS990/OtherRevenueTotalAmt027304
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0720021
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04206504
IRS990/OtherSalariesAndWagesGrp/TotalAmt04926525
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt055363
IRS990/PayrollTaxesGrp/ProgramServicesAmt0325950
IRS990/PayrollTaxesGrp/TotalAmt0381313
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016904
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt099800
IRS990/PensionPlanContributionsGrp/TotalAmt0116704
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0308703
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0260035
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0379566
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0218233
IRS990/PrincipalOfficerNm0MICHAEL BLAKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0STATE AND LOCAL PER PUPIL OPERATI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010718779
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010718779
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01304882
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0519
IRS990/PYOtherExpensesAmt05334864
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt010369257
IRS990/PYRevenuesLessExpensesAmt0575327
IRS990/PYSalariesCompEmpBnftPaidAmt05764467
IRS990/PYTotalExpensesAmt011099331
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011674658
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0206326
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010746083
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/EquipmentGrp/BookValueAmt0178326
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01146338
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01324664
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011574157
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01094814
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0564570
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01659384
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0155474
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0208540
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0364014
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011780483
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2017 THROUGH JUNE 30, 2020 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01428614
IRS990ScheduleD/TotalExpensesPerForm990Amt011574157
IRS990ScheduleD/TotalRevenuePerForm990Amt011780483
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011780483
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011574157
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 ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY ON THE SCHOOL APPLICATION AND AT VARIOUS COMMUNITY CENTERS USED TO INFORM THE PUBLIC ABOUT THE SCHOOL AND ITS PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES START-UP GRANTS FOR FACILITIES AND IMPLEMENTATION AND CORE PUPIL AID.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL UTILIZES UNCOMMON SCHOOLS, INC., AN UNRELATED 501(C)(3) ORGANIZATION, TO PROVIDE MANAGEMENT AND OTHER ADMINISTRATIVE SUPPORT SERVICES TO THE SCHOOL. THE SCHOOL DELEGATES HIRING OF CERTAIN EMPLOYEES, PLANNING AND EXECUTING BUDGETS, AND OTHER FINANCIAL OPERATIONS TO UNCOMMON SCHOOLS, INC. USI DOES NOT COMPENSATE DOUG LEMOV, AN EMPLOYEE OF USI, TO BE ON THE BOARD OF THE SCHOOL AND HIS INVOLVEMENT WITH THE BOARD IS ON A VOLUNTEER BASIS. MICHAEL BLAKE IS AN EMPLOYEE OF USI AND IS THE MANAGING DIRECTOR OF THE NEW YORK STATE REGIONS. THE CHARTER SCHOOL PAYS UNCOMMON SCHOOLS INC. MANAGEMENT FEES FOR THE SERVICES PROVIDED INCLUDING THE SERVICES OF MICHAEL BLAKE. MICHAEL BLAKE RECEIVED 2019 COMPENSATION FROM UNCOMMON SCHOOLS, INC. IN THE AMOUNT OF $163,069 AND NONTAXABLE BENEFITS OF $6,799.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCLUDED IN THE MEMORANDUM OF UNDERSTANDING BETWEEN THE SCHOOL AND THE MANAGEMENT COMPANY, THE MANAGEMENT COMPANY IS ALLOWED TO HAVE ONE REPRESENTATIVE ON THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE FINANCE DIRECTOR, ACCOUNTING DIRECTOR AND CFO IN DETAIL. IT IS THEN REVIEWED BY THE BOARD OF DIRECTORS, APPROVED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL NEW MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE BOUND BY FIDUCIARY DUTY TO DISCLOSE ANY CONFLICTS. ANNUALLY A RESOLUTION IS ADOPTED REAFFIRMING A COMMITMENT TO THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THROUGH THE ANNUAL BUDGET PROCESS, ALL COMPENSATION FOR KEY EMPLOYEES IS APPROVED BY THE SCHOOL BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THESE DOCUMENTS ARE LOCATED AT THE MAIN OFFICE OF THE ORGANIZATION AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS IS CONSISTENT WITH PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B

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