Civic Intelligence

Brooklyn Ascend Charter School

990 • Fiscal year 2014 • EIN 32-0232371

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

Organization ProfileWWW.ASCENDLEARNING.ORG
205 Rockaway Parkway11212

(718) 907-9150

Siviq Scores

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

Liabilities / Assets

99th percentile

2.53x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.57x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

13th percentile

-12%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

33rd percentile

$127,683

Higher top officer pay than 33% of similar nonprofits.

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

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

64th percentile

7.2%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$3,021,010

Up $203,486 (+7.2%) from 2013

Net Assets

Down

-$4,611,167

Down $1,624,697 (-54%) from 2013

Liabilities

Up

$7,632,177

Up $1,828,183 (+31%) from 2013

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin13th percentile

Revenue

$13,321,626

No earlier filing loaded for comparison.

Expenses

Up

$14,946,323

Up $2,362,651 (+19%) from 2013

Net Income

-$1,624,697

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $1,206,514Liabilities 2010: $957,239Net Assets 2010: $249,2752010Assets 2011: $2,114,446Liabilities 2011: $2,398,055Net Assets 2011: -$283,6092011Assets 2012: $2,504,103Liabilities 2012: $3,815,370Net Assets 2012: -$1,311,2672012Assets 2013: $2,817,524Liabilities 2013: $5,803,994Net Assets 2013: -$2,986,4702013Assets 2014: $3,021,010Liabilities 2014: $7,632,177Net Assets 2014: -$4,611,1672014Assets 2015: $3,149,084Liabilities 2015: $7,805,783Net Assets 2015: -$4,656,6992015Assets 2016: $4,840,066Liabilities 2016: $8,532,145Net Assets 2016: -$3,692,0792016

Highlighted filing

2014

Assets$3,021,010
Liabilities$7,632,177
Net Assets-$4,611,167
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$10M$0-$10MExpenses 2010: $4,165,4722010Expenses 2011: $7,257,0622011Expenses 2012: $10,285,4392012Expenses 2013: $12,583,6722013Revenue 2014: $13,321,626Expenses 2014: $14,946,323Net Income 2014: -$1,624,6972014Revenue 2015: $15,613,885Expenses 2015: $15,659,417Net Income 2015: -$45,5322015Revenue 2016: $19,451,596Expenses 2016: $18,486,976Net Income 2016: $964,6202016

Highlighted filing

2014

Revenue$13,321,626
Expenses$14,946,323
Net Income-$1,624,697
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$13,321,626
Mission and Program Overview

Mission

Brooklyn ascend charter school's (the "school") mission is to equip every student with the knowledge, confidence, and character to succeed in college and beyond. The school will span kindergarten through the 12th grade at maturity. (continued on schedule o) from the earliest grades, students will steadily build a strong foundation of learning habits, critical thinking skills, and knowledge; excel academically in the middle and high school, mastering high-level math and science; and graduate as confident young adults, prepared to succeed as college students, as citizens, and as leaders in their chosen fields.

To equip every student with the knowledge,confidence,and character to succeed in college and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,352,017$2,491,011▲ $138,994
Cash and Non-Interest-Bearing Accounts$174,572$185,674▲ $11,102
Savings and Temporary Cash Investments$79,037$161,236▲ $82,199
Pledges and Grants Receivable$50,923$66,693▲ $15,770
Prepaid Expenses and Deferred Charges$31,686$22,954▼ $8,732
Accounts Receivable$50,927$11,943▼ $38,984
Total Assets$2,817,524$3,021,010▲ $203,486
Other Assets Total$78,362$81,499▲ $3,137
Liabilities
Other Liabilities$4,795,045$6,397,570▲ $1,602,525
Accounts Payable and Accrued Expenses$980,213$1,146,016▲ $165,803
Deferred Revenue$28,736$88,591▲ $59,855
Total Liabilities$5,803,994$7,632,177▲ $1,828,183
Net Assets / Fund Balance
Unrestricted Net Assets$-2,986,470$-4,611,167▼ $1,624,697
Total Net Assets Fund Balance$-2,986,470$-4,611,167▼ $1,624,697
Total Liabilities and Net Assets / Fund Balance$2,817,524$3,021,010▲ $203,486

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,159,458$541,094$2,700,552
Equipment$215,534$367,397$582,931
Other Land Buildings$116,019$201,511$317,530
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janna GenzlingerSchool DirectorFT$122,228$5,455$127,683
Samantha PughSchool DirectorFT$118,737$5,456$124,193
Eunice ChaoSchool DirectorFT$103,443$3,893$107,336
Brandon SorlieSchool DirectorFT$76,281-$76,281

Board Members and Trustees

NameTitle
Stephanie MauterstockBoard Chair
Theodore CoburnFormer Board Chair
Christine SchlendorfTrustee
Kathleen QuirkTrustee
Kay AlleyneTrustee
Lisa SmithTrustee
Amanda CraftSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Ascend Learning INCManagement-$839,749
Revenue and Support

Revenue Composition

Contributions and Grants
$652,353
Program Service Revenue
$12,617,347
Investment Income
$1,941
Other Revenue
$49,985
All Other Contributions
$9,525
Change in Net Assets
$-1,624,697

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,321,626
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,321,626
Total Revenue per Form 990
$13,321,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,801,262
Salaries, Compensation, and Employee Benefits$7,145,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,384,667$392,869-$5,777,536
Occupancy$3,191,498$341,329-$3,532,827
Fees for Services Other$1,160,613$119,812-$1,280,425
Fees for Services Management$455,842$683,764-$1,139,606
Payroll Taxes$476,606$43,804-$520,410
Other Employee Benefits$474,276$39,293-$513,569
Depreciation Depletion$298,810$27,464-$326,274
Current Officers, Directors, Trustees, and Key Employees$186,657$124,439-$311,096
Office Expenses$134,803$49,622-$184,425
Other Expenses$81,875$7,526-$89,401
All Other Expenses$58,771$5,522-$64,293
Insurance$54,155$4,753-$58,908
Travel$45,264$1,689-$46,953
Advertising$38,199$2,369-$40,568
Pension Plan Contributions$21,433$1,017-$22,450
Information Technology$18,331$1,685-$20,016
Fees for Services Accounting-$18,250-$18,250
Total Functional Expenses$13,023,077$1,923,246$0$14,946,323

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,946,323
Total Expenses per Audited Statements$14,946,323
Total Expenses per Form 990$14,946,323
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$6,070,966
Due to Related Parties$326,604
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The school has a relationship with a charter management organization, ascend learning, inc. Which provides management services and facility development costs pursuant to an agreement between both parties.”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by management and the finance committee of the board of trustees for aproval. 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 monitors the conflict of interest policy by an annual disclosure for each board member.”

Form 990, Part VI, Section B, Line 15

“The executive committee and the board reviewed, discussed, and approved the compensation for the executive director and relied on comparable data from the department of education.”

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

EIN
32-0232371
Phone
7189079150

Signing Officer

Name
Stephanie Mauterstock
Title
Board Chair
Phone
3472942600
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Mauterstock
Formed
2008
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
142
Volunteers
0

Preparer

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.”

Raw XML AppendixShowing 400 of 541 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0980213
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01146016
IRS990/AccountsReceivableGrp/BOYAmt050927
IRS990/AccountsReceivableGrp/EOYAmt011943
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE,CONFIDENCE,AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02369
IRS990/AdvertisingGrp/ProgramServicesAmt038199
IRS990/AdvertisingGrp/TotalAmt040568
IRS990/AllOtherContributionsAmt09525
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05522
IRS990/AllOtherExpensesGrp/ProgramServicesAmt058771
IRS990/AllOtherExpensesGrp/TotalAmt064293
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03474647600
IRS990/BooksInCareOfDetail/USAddress/AddressLine10205 ROCKAWAY PARKWAY
IRS990/BooksInCareOfDetail/USAddress/City0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/State0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCode011212
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0174572
IRS990/CashNonInterestBearingGrp/EOYAmt0185674
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0124439
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0186657
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0311096
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0839749
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine10205 ROCKAWAY PARKWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0BROOKLYN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode011212
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10ASCEND LEARNING INC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0652353
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01941
IRS990/CYOtherExpensesAmt07801262
IRS990/CYOtherRevenueAmt049985
IRS990/CYProgramServiceRevenueAmt012617347
IRS990/CYRevenuesLessExpensesAmt0-1624697
IRS990/CYSalariesCompEmpBnftPaidAmt07145061
IRS990/CYTotalExpensesAmt014946323
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013321626
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt028736
IRS990/DeferredRevenueGrp/EOYAmt088591
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt027464
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0298810
IRS990/DepreciationDepletionGrp/TotalAmt0326274
IRS990/Desc0EXPENSES DIRECTLY ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED CURRICULUM COSTS. FOR THE 2013-2014 SCHOOL YEAR, WE SERVED APPROXIMATELY 874 STUDENTS IN KINDERGARTEN THROUGH SEVENTH GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0142
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt013023077
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018250
IRS990/FeesForServicesAccountingGrp/TotalAmt018250
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0683764
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0455842
IRS990/FeesForServicesManagementGrp/TotalAmt01139606
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0119812
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01160613
IRS990/FeesForServicesOtherGrp/TotalAmt01280425
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt760.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt860.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt960.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1060.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt83893
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt95455
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt105456
IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHANIE MAUTERSTOCK
IRS990/Form990PartVIISectionAGrp/PersonNm1AMANDA CRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm2LISA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHLEEN QUIRK
IRS990/Form990PartVIISectionAGrp/PersonNm4KAY ALLEYNE
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTINE SCHLENDORF
IRS990/Form990PartVIISectionAGrp/PersonNm6THEODORE COBURN
IRS990/Form990PartVIISectionAGrp/PersonNm7BRANDON SORLIE
IRS990/Form990PartVIISectionAGrp/PersonNm8EUNICE CHAO
IRS990/Form990PartVIISectionAGrp/PersonNm9JANNA GENZLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm10SAMANTHA PUGH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt776281
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8103443
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9122228
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10118737
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6FORMER BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0642828
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt013321626
IRS990/GrossRentsGrp/RealAmt048000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01685
IRS990/InformationTechnologyGrp/ProgramServicesAmt018331
IRS990/InformationTechnologyGrp/TotalAmt020016
IRS990/InsuranceGrp/ManagementAndGeneralAmt04753
IRS990/InsuranceGrp/ProgramServicesAmt054155
IRS990/InsuranceGrp/TotalAmt058908
IRS990/InvestmentIncomeGrp/ExclusionAmt01941
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01941
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01110002
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02352017
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02491011
IRS990/LandBldgEquipCostOrOtherBssAmt03601013
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BROOKLYN ASCEND CHARTER SCHOOL'S (THE "SCHOOL") MISSION IS TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. THE SCHOOL WILL SPAN KINDERGARTEN THROUGH THE 12TH GRADE AT MATURITY. (CONTINUED ON SCHEDULE O) FROM THE EARLIEST GRADES, STUDENTS WILL STEADILY BUILD A STRONG FOUNDATION OF LEARNING HABITS, CRITICAL THINKING SKILLS, AND KNOWLEDGE; EXCEL ACADEMICALLY IN THE MIDDLE AND HIGH SCHOOL, MASTERING HIGH-LEVEL MATH AND SCIENCE; AND GRADUATE AS CONFIDENT YOUNG ADULTS, PREPARED TO SUCCEED AS COLLEGE STUDENTS, AS CITIZENS, AND AS LEADERS IN THEIR CHOSEN FIELDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-2986470
IRS990/NetAssetsOrFundBalancesEOYAmt0-4611167
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt048000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt048000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0341329
IRS990/OccupancyGrp/ProgramServicesAmt03191498
IRS990/OccupancyGrp/TotalAmt03532827
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt049622
IRS990/OfficeExpensesGrp/ProgramServicesAmt0134803
IRS990/OfficeExpensesGrp/TotalAmt0184425
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt078362
IRS990/OtherAssetsTotalGrp/EOYAmt081499
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039293
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0474276
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0513569
IRS990/OtherExpensesGrp/Desc0LEASED EQUIPMENT
IRS990/OtherExpensesGrp/Desc1CURRICULUM AND CLASSROO
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SECURITY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt047003
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111036
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27526
IRS990/OtherExpensesGrp/ProgramServicesAmt0511391
IRS990/OtherExpensesGrp/ProgramServicesAmt1309816
IRS990/OtherExpensesGrp/ProgramServicesAmt2120070
IRS990/OtherExpensesGrp/ProgramServicesAmt381875
IRS990/OtherExpensesGrp/TotalAmt0558394
IRS990/OtherExpensesGrp/TotalAmt1309816
IRS990/OtherExpensesGrp/TotalAmt2131106
IRS990/OtherExpensesGrp/TotalAmt389401
IRS990/OtherLiabilitiesGrp/BOYAmt04795045
IRS990/OtherLiabilitiesGrp/EOYAmt06397570
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01985
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01985
IRS990/OtherRevenueTotalAmt01985
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0392869
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05384667
IRS990/OtherSalariesAndWagesGrp/TotalAmt05777536
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt043804
IRS990/PayrollTaxesGrp/ProgramServicesAmt0476606
IRS990/PayrollTaxesGrp/TotalAmt0520410
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01017
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt021433
IRS990/PensionPlanContributionsGrp/TotalAmt022450
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt050923
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt066693
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031686
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022954
IRS990/PrincipalOfficerNm0STEPHANIE MAUTERSTOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012617347
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012617347
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0724492
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01622
IRS990/PYOtherExpensesAmt07029433
IRS990/PYOtherRevenueAmt035770
IRS990/PYProgramServiceRevenueAmt010146585
IRS990/PYRevenuesLessExpensesAmt0-1675203
IRS990/PYSalariesCompEmpBnftPaidAmt05554239
IRS990/PYTotalExpensesAmt012583672
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010908469
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1624697
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt048000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012617347
IRS990/SavingsAndTempCashInvstGrp/BOYAmt079037
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0161236
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/BookValueAmt0215534
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0367397
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0582931
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014946323
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02159458
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0541094
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02700552
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0116019
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0201511
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0317530
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06070966
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1326604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013321626
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/TotalBookValueLandBuildingsAmt02491011
IRS990ScheduleD/TotalExpensesPerForm990Amt014946323
IRS990ScheduleD/TotalLiabilityAmt06397570
IRS990ScheduleD/TotalRevenuePerForm990Amt013321626
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013321626
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014946323
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR THE NEW STUDENTS, THE SCHOOL INCLUDES A NON-DISCRIMINATORY POLICY IN ITS PUBLICATION MATERIALS USED TO INFORM THE LOCAL COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT OFFER ANY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. THE STUDENTS ARE NOT CHARGED TUITION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC DEPARTMENT 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 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS A RELATIONSHIP WITH A CHARTER MANAGEMENT ORGANIZATION, ASCEND LEARNING, INC. WHICH PROVIDES MANAGEMENT SERVICES AND FACILITY DEVELOPMENT COSTS PURSUANT TO AN AGREEMENT BETWEEN BOTH PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APROVAL. 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/ExplanationTxt2THE SCHOOL MONITORS THE CONFLICT OF INTEREST POLICY BY AN ANNUAL DISCLOSURE FOR EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE AND THE BOARD REVIEWED, DISCUSSED, AND APPROVED THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND RELIED ON COMPARABLE DATA FROM THE DEPARTMENT OF EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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 A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,021,010
Liabilities
$7,632,177
Net assets
-$4,611,167
Revenue
$13,321,626
Expenses
$14,946,323
Net income
-$1,624,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$8.53$3.69$19.5$18.5$0.96
2015Detailed filing. Detailed filing data is available for this year.$3.15$7.81$4.66$15.6$15.7$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.02$7.63$4.61$13.3$14.9$1.62
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$5.80$2.99$12.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$3.82$1.31$10.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$2.40$0.28$7.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.96$0.25$4.17