Civic Intelligence

Broome Street Academy Charter High School

EIN 27-4367067 • 501(c)3 • New York, NY

Profile

Bsa will prepare our young people for post-secondary success that leads to positive life outcomes. We value student strengths and will provide multiple pathways to success through a curriculum of rigorous academic, career and social instruction grounded in the principles of positive youth development. Bsa is a tuition-free public charter high school devoted to providing students the necessary skills and support to graduate, while preparing them for a successful future beyond high school. Bsa's admissions policy gives preference to students who are homeless, in foster care, or from low performing middle schools.

121 Avenue Of The AmericasNew York, NY 10013

www.broomestreetacademy.org

Siviq Scores

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

Liabilities / Assets

68th percentile

0.51x

Higher debt load relative to assets than 68% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

41st percentile

0.14x

Higher debt load relative to revenue than 41% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2025

Net Margin

11th percentile

-18%

Higher net margin than 11% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

97th percentile

$522,510

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

NTEE B • $5M-$10M nonprofits • Source year 2025

Asset Growth

2nd percentile

-39%

Faster asset growth than 2% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

13th percentile

-14%

Faster revenue growth than 13% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,751,376

Down $1,130,189 (-39%) from 2024

Liabilities

Up

$891,626

Up $29,603 (+3.4%) from 2024

Net Assets

Down

$859,750

Down $1,159,792 (-57%) from 2024

Revenue

Down

$6,373,866

Down $1,028,127 (-14%) from 2024

Expenses

Down

$7,532,832

Down $1,019,159 (-12%) from 2024

Net Income

Down

-$1,158,966

Down $8,968 (-0.8%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,119,837Liabilities 2012: $280,926Net Assets 2012: $838,9112012Assets 2013: $2,023,209Liabilities 2013: $416,965Net Assets 2013: $1,606,2442013Assets 2014: $1,871,619Liabilities 2014: $524,627Net Assets 2014: $1,346,9922014Assets 2015: $2,399,503Liabilities 2015: $626,842Net Assets 2015: $1,772,6612015Assets 2016: $2,381,416Liabilities 2016: $598,262Net Assets 2016: $1,783,1542016Assets 2017: $2,616,633Liabilities 2017: $730,539Net Assets 2017: $1,886,0942017Assets 2018: $2,574,845Liabilities 2018: $793,284Net Assets 2018: $1,781,5612018Assets 2019: $2,472,960Liabilities 2019: $854,356Net Assets 2019: $1,618,6042019Assets 2020: $2,973,890Liabilities 2020: $827,707Net Assets 2020: $2,146,1832020Assets 2021: $3,800,092Liabilities 2021: $1,103,865Net Assets 2021: $2,696,2272021Assets 2022: $4,407,690Liabilities 2022: $936,402Net Assets 2022: $3,471,2882022Assets 2023: $3,864,807Liabilities 2023: $801,962Net Assets 2023: $3,062,8452023Assets 2024: $2,881,565Liabilities 2024: $862,023Net Assets 2024: $2,019,5422024Assets 2025: $1,751,376Liabilities 2025: $891,626Net Assets 2025: $859,7502025

Highlighted filing

2025

Assets$1,751,376
Liabilities$891,626
Net Assets$859,750

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2012: $2,442,0002012Expenses 2013: $4,079,9452013Revenue 2014: $5,002,665Expenses 2014: $5,261,917Net Income 2014: -$259,2522014Revenue 2015: $6,262,351Expenses 2015: $5,836,682Net Income 2015: $425,6692015Revenue 2016: $6,408,745Expenses 2016: $6,398,252Net Income 2016: $10,4932016Revenue 2017: $6,481,497Expenses 2017: $6,378,557Net Income 2017: $102,9402017Revenue 2018: $7,024,608Expenses 2018: $7,129,141Net Income 2018: -$104,5332018Revenue 2019: $6,680,840Expenses 2019: $6,843,797Net Income 2019: -$162,9572019Revenue 2020: $7,364,427Expenses 2020: $6,836,848Net Income 2020: $527,5792020Revenue 2021: $7,359,440Expenses 2021: $6,809,396Net Income 2021: $550,0442021Revenue 2022: $8,354,726Expenses 2022: $7,579,665Net Income 2022: $775,0612022Revenue 2023: $7,724,947Expenses 2023: $8,133,390Net Income 2023: -$408,4432023Revenue 2024: $7,401,993Expenses 2024: $8,551,991Net Income 2024: -$1,149,9982024Revenue 2025: $6,373,866Expenses 2025: $7,532,832Net Income 2025: -$1,158,9662025

Highlighted filing

2025

Revenue$6,373,866
Expenses$7,532,832
Net Income-$1,158,966

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.75$0.89$0.86$6.37$7.53$1.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.86$2.02$7.40$8.55$1.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$0.80$3.06$7.72$8.13$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.94$3.47$8.35$7.58$0.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$1.10$2.70$7.36$6.81$0.55
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.83$2.15$7.36$6.84$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.47$0.85$1.62$6.68$6.84$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.57$0.79$1.78$7.02$7.13$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.73$1.89$6.48$6.38$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.38$0.60$1.78$6.41$6.40$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.40$0.63$1.77$6.26$5.84$0.43
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.52$1.35$5.00$5.26$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.42$1.61$4.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.28$0.84$2.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 19, 2026
Return Version
2024v5.1
Gross Receipts
$7,419,015
Mission and Program Overview

Mission

Broome street academy will empower our students to reach their highest aspirations for post-secondary success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,183,740$965,865▼ $217,875
Cash and Non-Interest-Bearing Accounts$300,976$472,212▲ $171,236
Land, Buildings, and Equipment, Net$103,827$109,357▲ $5,530
Pledges and Grants Receivable$160,061$100,457▼ $59,604
Savings and Temporary Cash Investments$75,514$75,521▲ $7
Accounts Receivable-$16,969-
Prepaid Expenses and Deferred Charges$141,895$10,618▼ $131,277
Investments Other Securities$777,556$377▼ $777,179
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$2,881,565$1,751,376▼ $1,130,189
Other Assets Total$137,996$0▼ $137,996
Liabilities
Accounts Payable and Accrued Expenses$839,802$784,445▼ $55,357
Other Liabilities$0$107,181▲ $107,181
Deferred Revenue$22,221--
Total Liabilities$862,023$891,626▲ $29,603
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,019,542$849,750▼ $1,169,792
Net Assets With Donor Restrictions-$10,000-
Total Net Assets Fund Balance$2,019,542$859,750▼ $1,159,792
Total Liabilities and Net Assets / Fund Balance$2,881,565$1,751,376▼ $1,130,189

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$89,328$960,736$1,050,064
Leasehold Improvements$8,225$963,247$971,472
Other Land Buildings$11,804$353,837$365,641
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynnette FordHead of SchoolFT$236,245$10,263$246,508
Lester SamsonSenior Director of OperationsFT$127,299$17,467$144,766
Nikolas BrautigamSenior Director of AcademicsFT$136,016-$136,016
Dafina a WestbrooksDean of Diversity, Equity, and InclusionFT$115,263$17,467$132,730
Danielle E GlantzDirector of Social Emotional LearningFT$104,526$10,263$114,789

Board Members and Trustees

NameTitle
Jeffrey KatzinBoard President
Stephanie Durden BarfieldBoard Vice President
Alexandra C WoodBoard Member
Elaine SchottBoard Member
Fernando Snowden-LorenceBoard Member
Katie Jaxheimer AgarwalBoard Member
Lynn SchnurnbergerBoard Member
M David ZurndorferBoard Member
Monica de la TorreBoard Member
Susan NotkinBoard Member
William MurdockBoard Member
Kelsey LouieChief Executive Officer
Catherine AquilaSecretary
Lauren BlumTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Door - A Center Of Alternatives INCManagement FEE & CEO Reimbursement121 AVENUE OF AMERICAS, Ny, NY 10013$605,351
Revenue and Support

Revenue Composition

Contributions and Grants
$1,266,187
Program Service Revenue
$4,954,126
Investment Income
$150,111
Other Revenue
$3,442
All Other Contributions
$465,155
Change in Net Assets
$-1,158,966

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$25,355Market value
Total Noncash Contributions2$25,355-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,373,866
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$304,233
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$6,678,099
Total Revenue per Form 990
$6,373,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,059,454
Other Expenses$2,473,378
Total Fundraising Expense$219,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,909,773$41,396$1,538$3,952,707
Occupancy$537,765$57,842$3,762$599,369
Fees for Services Management$304,062$225,083$63,217$592,362
Fees for Services Other$144,756$236,742$92,552$474,050
Other Employee Benefits$401,719$26,280$3,748$431,747
Payroll Taxes$319,805$24,977$3,997$348,779
Current Officers, Directors, Trustees, and Key Employees-$194,651$48,663$243,314
Advertising$129,368$543$35$129,946
Office Expenses$119,531$4,555$296$124,382
Depreciation Depletion$78,709$5,402$351$84,462
Pension Plan Contributions$76,020$5,937$950$82,907
Other Expenses$41,287$16,345$26$57,658
Fees for Services Legal-$49,529-$49,529
Insurance$42,181$2,895$188$45,264
Fees for Services Accounting-$43,260-$43,260
Conferences and Meetings$18,312$1,140$74$19,526
Information Technology$8,593--$8,593
Travel$3,068--$3,068
Total Functional Expenses$6,372,407$940,756$219,669$7,532,832

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,837,891
Expenses per Audited Statements$7,532,832
Total Expenses per Form 990$7,532,832
Expenses Not Reported on Form 990$305,059
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,173
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$317,948$0$4,173$-4,173
Event 2-$0-$0
Total Events$317,948$0$4,173$-4,173
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$107,181
Due to Affiliate-
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, Line 3 Delegation of management duties

Pursuant to an approved services agreement, broome street academy (bsa) paid the door $785,327 during the year ending june 30, 2025 for administrative support, fundraising services, human resources support, fiscal management, and information technology support. Such amounts are included as professional and administrative fees in the statement of functional expenses. Service agreements between bsa and the door are reviewed and formally approved by the board on an annual basis.

Form 990, Part VI, Line 6 Classes of members or stockholders

The door - a center for alternatives, inc. Is the sole member of the organization.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The board of the door elects the directors of broome street academy.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is reviewed for accuracy and completeness by the cfo, ceo, and head of school. Following this review, the returns are shared with the board of directors prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

Bsa follows procedures outlined in the conflict of interest policy. In the event of a conflict, individuals with conflicts are prohibited from participating in the deliberation and decision of the transaction. Additionally, financial disclosure forms are submitted annually to the n.y. State department of education for each board member and officer.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Bsa's board of trustees reviews and sets the head of school's compensation annually. The board periodically reviews comparable compensation data for similar positions at similarly sized schools, takes into consideration the head of school's annual evaluation, and references the new york city charter school center's charter school employee compensation survey. No board officer receives compensation from bsa and no key employees were noted during the year.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

Bsa's board of trustees reviews and sets the head of school's compensation annually. The board periodically reviews comparable compensation data for similar positions at similarly sized schools, takes into consideration the head of school's annual evaluation, and references the new york city charter school center's charter school employee compensation survey. No board officer receives compensation from bsa and no key employees were noted during the year.

Form 990, Part VI, Line 19 Required documents available to the public

The governing documents and financial statements are available on the organization's website and upon request.

Filing and Contact Details

Filer

Filer Name
Broome Street Academy Charter High School
EIN
27-4367067
Phone
2124530295
Address
121 AVENUE OF THE AMERICAS, NEW YORK, NY 10013

Signing Officer

Name
Kelsey Louie
Title
CEO
Phone
2124530295
Signed
2026-03-19
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
78
Volunteers
13

Preparer

Firm
Forvis Llp
Address
135 West 50th Street, New York, NY 10020
Preparer
Aaron Shapiro
Phone
2128127000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 ORGANIZATION'S MISSION

Broome street academy charter high school will empower our students to reach their highest aspirations for post-secondary success. Our equitable, holistic, and student-centered approach will provide students with access to a rigorous, standards-based curriculum that will equip our graduates with the skills they need to make a positive impact on their communities and the broader world.

Financial Statement Notes

Schedule D, Part X, Line 2 ASC 740 FOOTNOTE

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Raw XML AppendixShowing 400 of 701 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
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IRS990/Desc0BROOME STREET ACADEMY CHARTER HIGH SCHOOL (BSA) PREPARES ITS STUDENTS FOR POST-SECONDARY SUCCESS THAT LEADS TO POSITIVE LIFE OUTCOMES. BSA VALUES STUDENT STRENGTHS AND PROVIDES MULTIPLE PATHWAYS TO SUCCESS THROUGH A CURRICULUM OF RIGOROUS ACADEMIC, CAREER, AND SOCIAL INSTRUCTION GROUNDED IN THE PRINCIPLES OF POSITIVE YOUTH DEVELOPMENT. BSA IS A TUITION-FREE PUBLIC CHARTER HIGH SCHOOL DEVOTED TO PROVIDING STUDENTS THE NECESSARY SKILLS AND SUPPORT TO GRADUATE WHILE PREPARING THEM FOR A SUCCESSFUL FUTURE BEYOND HIGH SCHOOL. BSA'S ADMISSIONS POLICY GIVES PREFERENCE TO STUDENTS WHO ARE HOMELESS, IN FOSTER CARE, OR FROM LOW PERFORMING MIDDLE SCHOOLS.
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