Civic Intelligence

Evergreen Charter School

990 • Fiscal year 2018 • EIN 26-4652712

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

605 Peninsula BoulevardHempstead, NY 11550

(516) 292-2060

Siviq Scores

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

Liabilities / Assets

39th percentile

0.18x

Higher debt load relative to assets than 39% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

29th percentile

0.08x

Higher debt load relative to revenue than 29% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Net Margin

63rd percentile

7.7%

Higher net margin than 63% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

32nd percentile

$84,025

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$3,841,680

No earlier filing loaded for comparison.

Net Assets

$3,144,620

No earlier filing loaded for comparison.

Liabilities

$697,060

No earlier filing loaded for comparison.

Revenue

$8,996,843

No earlier filing loaded for comparison.

Expenses

$8,302,187

No earlier filing loaded for comparison.

Net Income

$694,656

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.

$150M$100M$50M$0Assets 2018: $3,841,680Liabilities 2018: $697,060Net Assets 2018: $3,144,6202018Assets 2019: $5,400,256Liabilities 2019: $819,240Net Assets 2019: $4,581,0162019Assets 2020: $6,191,954Liabilities 2020: $1,038,905Net Assets 2020: $5,153,0492020Assets 2021: $9,089,771Liabilities 2021: $2,586,126Net Assets 2021: $6,503,6452021Assets 2022: $15,122,224Liabilities 2022: $4,052,634Net Assets 2022: $11,069,5902022Assets 2023: $114,165,689Liabilities 2023: $99,377,356Net Assets 2023: $14,788,3332023Assets 2024: $125,186,068Liabilities 2024: $100,379,334Net Assets 2024: $24,806,7342024

Highlighted filing

2018

Assets$3,841,680
Liabilities$697,060
Net Assets$3,144,620

Operations Trend

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

$40M$30M$20M$10M$0Revenue 2018: $8,996,843Expenses 2018: $8,302,187Net Income 2018: $694,6562018Revenue 2019: $11,228,735Expenses 2019: $9,792,339Net Income 2019: $1,436,3962019Revenue 2020: $12,378,975Expenses 2020: $11,806,942Net Income 2020: $572,0332020Revenue 2021: $14,862,996Expenses 2021: $13,512,400Net Income 2021: $1,350,5962021Revenue 2022: $20,879,383Expenses 2022: $16,313,438Net Income 2022: $4,565,9452022Revenue 2023: $24,687,185Expenses 2023: $20,968,442Net Income 2023: $3,718,7432023Revenue 2024: $31,214,181Expenses 2024: $21,195,780Net Income 2024: $10,018,4012024

Highlighted filing

2018

Revenue$8,996,843
Expenses$8,302,187
Net Income$694,656
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$8,996,843
Mission and Program Overview

Mission

The mission of the evergreen charter school is to nurture the intellectual, physical and social development of children, through a comprehensive program that promotes academic excellence and prepares its students for success in school and in life.

Nurture the intellectual, physical and social development of children, through a comprehensive program that promotes academic excellence & prepares its students for success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$291,785$1,369,522▲ $1,077,737
Cash and Non-Interest-Bearing Accounts$1,657,089$1,139,911▼ $517,178
Land, Buildings, and Equipment, Net$912,507$1,022,097▲ $109,590
Prepaid Expenses and Deferred Charges$155,984$175,246▲ $19,262
Savings and Temporary Cash Investments$75,000$75,000→ $0
Total Assets$3,092,365$3,841,680▲ $749,315
Other Assets Total$0$59,904▲ $59,904
Liabilities
Accounts Payable and Accrued Expenses$642,401$697,060▲ $54,659
Total Liabilities$642,401$697,060▲ $54,659
Net Assets / Fund Balance
Unrestricted Net Assets$2,449,964$3,144,620▲ $694,656
Total Net Assets Fund Balance$2,449,964$3,144,620▲ $694,656
Total Liabilities and Net Assets / Fund Balance$3,092,365$3,841,680▲ $749,315

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$436,753$678,682$1,115,435
Equipment$482,988$411,238$894,226
Land$102,356-$102,356
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maritza MeyersFormer PrincipalFT$84,025$84,025
Irizarry EdwinPrincipalFT$53,837$53,837

Board Members and Trustees

NameTitle
Gil BernardinoPresident
Sarah BrewsterVice President
Ariel R SoteloTrustee
Luis RasTrustee
Nancy IglesiasTrustee
Yvonne MowattTrustee
Gladys RodriguezSecretary
Jose CanosaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$556,788
Program Service Revenue
$8,402,794
Investment Income
$1,672
Other Revenue
$35,589
All Other Contributions
$2,868
Change in Net Assets
$694,656

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,996,843
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,996,843
Total Revenue per Form 990
$8,996,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,193,861
Other Expenses$3,108,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,339,633$739,172-$4,078,805
Occupancy$1,174,473$259,950-$1,434,423
Other Employee Benefits$395,456$87,527-$482,983
Payroll Taxes$365,061$80,800-$445,861
Office Expenses$267,416$59,188-$326,604
Depreciation Depletion$200,837$44,452-$245,289
Current Officers, Directors, Trustees, and Key Employees$126,381$27,972-$154,353
Fees for Services Other$76,154$46,039-$122,193
Other Expenses$99,298$5,192-$104,490
Fees for Services Accounting$42,812$51,961-$94,773
All Other Expenses$80,273--$80,273
Insurance$29,399$6,507-$35,906
Pension Plan Contributions$26,085$5,774-$31,859
Fees for Services Legal$2,451$2,974-$5,425
Travel$3,000--$3,000
Total Functional Expenses$6,856,393$1,445,794$0$8,302,187

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,302,187
Total Expenses per Audited Statements$8,302,187
Total Expenses per Form 990$8,302,187
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
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 A, Line 2

Gil bernardino, president, sarah brewster, vice president, and ariel sotelo, trustee all work for circulo de la hispanidad. The board can have at no time no more than 40% of its members from the same institution. The board is in compliance with this regulation. Gil bernardino, president and sarah brewster, vice president are married.

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

The form 990 is reviewed by the organization's management, internal accountant and the finance committee prior to distribution to the board.

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

Board members must disclose conflicts of interest and if there is a conflict of interest that arises during voting, individuals must inform other members of the conflict of interest and refrain from voting.

Form 990, Part VI, Section B, Line 15

A group process spear headed by the board members and discussed with the school principal is performed when determining compensation. The board of directors approves compensation for key employees and reviews data from other comparable organizations. Minutes from these deliberations are maintained.

Form 990, Part VI, Section C, Line 19

The school makes its governing documents, conflict of interest and financial statements available to the public upon request in the business office.

Filing and Contact Details

Filer

Filer Name
Evergreen Charter School
EIN
26-4652712
Phone
5162922060
Address
605 PENINSULA BOULEVARD, HEMPSTEAD, NY 11550

Signing Officer

Name
Jose Canosa
Title
Treasurer
Phone
5162922060
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose Canosa
Formed
2009
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
119
Volunteers
15

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
James J Reilly
Phone
2126617777
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PUBLIC SCHOOL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FIELD TRIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08397657
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08397657
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15137
IRS990/ProgSrvcAccomActy2Grp/Desc0MIDDLE SCHOOL: SAME AS ABOVE, BUT FOR STUDENTS IN GRADES 6-8.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01371175
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01750107
IRS990/ProgSrvcAccomActy3Grp/Desc0SPECIAL EDUCATION: SAME AS ELEMENTARY SCHOOL, BUT FOR CHILDREN WITH SPECIAL EDUCATION NEEDS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0369674
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0456871
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0390675
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0627
IRS990/PYOtherExpensesAmt02604082
IRS990/PYOtherRevenueAmt028318
IRS990/PYProgramServiceRevenueAmt07015291
IRS990/PYRevenuesLessExpensesAmt0391538
IRS990/PYSalariesCompEmpBnftPaidAmt04439291
IRS990/PYTotalExpensesAmt07043373
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07434911
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0694656
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06195816
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0482988
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0411238
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0894226
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08302187
IRS990ScheduleD/LandGrp/BookValueAmt0102356
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0102356
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0436753
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0678682
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01115435
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08996843
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01022097
IRS990ScheduleD/TotalExpensesPerForm990Amt08302187
IRS990ScheduleD/TotalRevenuePerForm990Amt08996843
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08996843
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08302187
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/ExplanationTxt0EVERGREEN CHARTER SCHOOL (THE "SCHOOL") INCLUDES ITS NONDISCRIMINATION POLICY ON ALL ADMISSIONS RELATED MARKETING MATERIAL, ADVERTISEMENTS, WEBSITE AND THE ADMISSIONS APPLICATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GIL BERNARDINO, PRESIDENT, SARAH BREWSTER, VICE PRESIDENT, AND ARIEL SOTELO, TRUSTEE ALL WORK FOR CIRCULO DE LA HISPANIDAD. THE BOARD CAN HAVE AT NO TIME NO MORE THAN 40% OF ITS MEMBERS FROM THE SAME INSTITUTION. THE BOARD IS IN COMPLIANCE WITH THIS REGULATION. GIL BERNARDINO, PRESIDENT AND SARAH BREWSTER, VICE PRESIDENT ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT, INTERNAL ACCOUNTANT AND THE FINANCE COMMITTEE PRIOR TO DISTRIBUTION TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS MUST DISCLOSE CONFLICTS OF INTEREST AND IF THERE IS A CONFLICT OF INTEREST THAT ARISES DURING VOTING, INDIVIDUALS MUST INFORM OTHER MEMBERS OF THE CONFLICT OF INTEREST AND REFRAIN FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A GROUP PROCESS SPEAR HEADED BY THE BOARD MEMBERS AND DISCUSSED WITH THE SCHOOL PRINCIPAL IS PERFORMED WHEN DETERMINING COMPENSATION. THE BOARD OF DIRECTORS APPROVES COMPENSATION FOR KEY EMPLOYEES AND REVIEWS DATA FROM OTHER COMPARABLE ORGANIZATIONS. MINUTES FROM THESE DELIBERATIONS ARE MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03092365
IRS990/TotalAssetsEOYAmt03841680
IRS990/TotalAssetsGrp/BOYAmt03092365
IRS990/TotalAssetsGrp/EOYAmt03841680
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0556788
IRS990/TotalEmployeeCnt0119
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01445794
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06856393
IRS990/TotalFunctionalExpensesGrp/TotalAmt08302187
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0642401
IRS990/TotalLiabilitiesEOYAmt0697060
IRS990/TotalLiabilitiesGrp/BOYAmt0642401
IRS990/TotalLiabilitiesGrp/EOYAmt0697060
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02449964
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03144620
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt06856393
IRS990/TotalProgramServiceRevenueAmt08402794
IRS990/TotalReportableCompFromOrgAmt0137862
IRS990/TotalRevenueGrp/ExclusionAmt01672
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08438383
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08996843
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03092365
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03841680
IRS990/TotReportableCompRltdOrgAmt00

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