Civic Intelligence

Believe Southside Charter High School

990EZ • Fiscal year 2016 • EIN 26-3862007

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 12, 2017

Organization ProfileWWW.BSSCHS.ORG
424 Leonard Street 3rd FloorBrooklyn, NY 11222

(347) 390-1275

Siviq Scores

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

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

368.95x

Higher debt load relative to revenue than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-8788%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

34th percentile

-5.9%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$268,429

Down $16,719 (-5.9%) from 2015

Net Assets

Down

$231,165

Down $8,876 (-3.7%) from 2015

Liabilities

Down

$37,264

Down $7,843 (-17%) from 2015

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$101

Down $14 (-12%) from 2015

Expenses

Down

$8,977

Down $8,540 (-49%) from 2015

Net Income

Up

-$8,876

Up $8,526 (+49%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$600K$400K$200K$0Assets 2011: $470,879Liabilities 2011: $70,064Net Assets 2011: $400,8152011Assets 2012: $589,768Liabilities 2012: $314,082Net Assets 2012: $275,6862012Assets 2013: $326,035Liabilities 2013: $58,010Net Assets 2013: $268,0252013Assets 2014: $301,136Liabilities 2014: $43,693Net Assets 2014: $257,4432014Assets 2015: $285,148Liabilities 2015: $45,107Net Assets 2015: $240,0412015Assets 2016: $268,429Liabilities 2016: $37,264Net Assets 2016: $231,1652016Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2016

Assets$268,429
Liabilities$37,264
Net Assets$231,165
Open 2016 Filing

Operations Trend

Revenue Growth31st percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,853,7752011Expenses 2012: $3,872,4352012Revenue 2013: $92Expenses 2013: $7,753Net Income 2013: -$7,6612013Revenue 2014: $391Expenses 2014: $10,973Net Income 2014: -$10,5822014Revenue 2015: $115Expenses 2015: $17,517Net Income 2015: -$17,4022015Revenue 2016: $101Expenses 2016: $8,977Net Income 2016: -$8,8762016

Highlighted filing

2016

Revenue$101
Expenses$8,977
Net Income-$8,876
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 12, 2017
Return Version
2015v3.0
Gross Receipts
$101
Mission and Program Overview

Mission

The mission of the school was to provide for grades ninth through twelfth educational program that resulted in mastery of the new york state learning standards, high school graduation, and acceptance to college and universities of choice by all students.

Program Services

DescriptionGrantsExpenses
BELIEVE SOUTHSIDE CHARTER HIGH SCHOOL (THE "SCHOOL") CEASED OPERATIONS EFFECTIVE JULY 1, 2012, AT WHICH TIME THE SCHOOL BEGAN ITS DISSOLUTION PROCESS.$0$0
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CENGIZ SENDOGDULARBoard Chairman-$0--
Filing and Contact Details

Filer

Filer Name
Believe Southside Charter High School
EIN
26-3862007
Phone
3473901275
Address
424 LEONARD STREET 3RD FLOOR, BROOKLYN, NY 11222

Signing Officer

Name
Cengiz Sendogdular
Title
Board Chairman
Phone
3473901275
Signed
2017-01-12

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-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 101.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 8. Description: miscellaneous. Amount: 469. Total to form 990-ez, line 16: 477.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: restricted cash. Beg. Of year amount: 75,337. End of year amount: 75,367. Description: prepaid expenses. Beg. Of year amount: 3,000. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable and accrued expenses. Beg. Of year amount: 45,107. End of year amount: 37,264.”

Raw XML Appendix130 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CSBM
IRS990EZ/BooksInCareOfDetail/PhoneNum08887102726
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0237 WEST 35TH STREET SUITE 301
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010001
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0206811
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0193062
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8876
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08500
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0285148
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0268429
IRS990EZ/GrossReceiptsAmt0101
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt0101
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0240041
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0231165
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0240041
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0231165
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CENGIZ SENDOGDULAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIRMAN
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt078337
IRS990EZ/OtherAssetsTotalDetail/EOYAmt075367
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0477
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE SCHOOL WAS TO PROVIDE FOR GRADES NINTH THROUGH TWELFTH EDUCATIONAL PROGRAM THAT RESULTED IN MASTERY OF THE NEW YORK STATE LEARNING STANDARDS, HIGH SCHOOL GRADUATION, AND ACCEPTANCE TO COLLEGE AND UNIVERSITIES OF CHOICE BY ALL STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BELIEVE SOUTHSIDE CHARTER HIGH SCHOOL (THE "SCHOOL") CEASED OPERATIONS EFFECTIVE JULY 1, 2012, AT WHICH TIME THE SCHOOL BEGAN ITS DISSOLUTION PROCESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt045107
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt037264
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08977
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0101
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BSSCHS.ORG
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLICIZED ITS LOTTERY EACH YEAR FOR NEW STUDENTS, THE SCHOOL INCLUDED IN ITS MATERIALS THE FOLLOWING: THE SCHOOL SHALL NOT DISCRIMINATE AGAINST A STUDENT ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 101.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 8. DESCRIPTION: MISCELLANEOUS. AMOUNT: 469. TOTAL TO FORM 990-EZ, LINE 16: 477.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: RESTRICTED CASH. BEG. OF YEAR AMOUNT: 75,337. END OF YEAR AMOUNT: 75,367. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 3,000. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 45,107. END OF YEAR AMOUNT: 37,264.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CENGIZ SENDOGDULAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03473901275
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BELIEVE SOUTHSIDE CHARTER HIGH SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0BELI
ReturnHeader/Filer/EIN0263862007
ReturnHeader/Filer/PhoneNum03473901275
ReturnHeader/Filer/USAddress/AddressLine1Txt0424 LEONARD STREET 3RD FLOOR
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011222
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061671819
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRUCHTER ROSEN & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0156 WEST 56TH STREET STE 1804
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010019
ReturnHeader/PreparerPersonGrp/PhoneNum02129573600
ReturnHeader/PreparerPersonGrp/PreparationDt02016-12-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GUS SALIBA
ReturnHeader/ReturnTs02017-01-12T13:11:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$268,429
Liabilities
$37,264
Net assets
$231,165
Revenue
$101
Expenses
$8,977
Net income
-$8,876
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.04$0.23$0.00$0.01$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.05$0.24$0.00$0.02$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.04$0.26$0.00$0.01$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.06$0.27$0.00$0.01$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.31$0.28$3.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.07$0.40$2.85
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits