Civic Intelligence

Prospect Schools Inc.

990EZ • Fiscal year 2012 • EIN 33-1174065

Jul 01, 2011 to Jun 30, 2012 • Filed on Apr 15, 2013

Organization ProfileN/A
3002 Fort Hamilton Parkway11218
Siviq Scores

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

Liabilities / Assets

65th percentile

0.03x

Higher debt load relative to assets than 65% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

91st percentile

46%

Higher net margin than 91% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

76th percentile

25%

Faster asset growth than 76% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$266,354

Up $53,363 (+25%) from 2011

Net Assets

Up

$259,601

Up $51,610 (+25%) from 2011

Liabilities

Up

$6,753

Up $1,753 (+35%) from 2011

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin91st percentile

Revenue

Up

$111,301

Up $22,482 (+25%) from 2011

Expenses

Up

$59,691

Up $49,006 (+459%) from 2011

Net Income

Down

$51,610

Down $26,524 (-34%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $173,128Liabilities 2010: $43,271Net Assets 2010: $129,8572010Assets 2011: $212,991Liabilities 2011: $5,000Net Assets 2011: $207,9912011Assets 2012: $266,354Liabilities 2012: $6,753Net Assets 2012: $259,6012012Assets 2013: $348,637Liabilities 2013: $5,000Net Assets 2013: $343,6372013Assets 2014: $507,691Liabilities 2014: $10,096Net Assets 2014: $497,5952014Assets 2015: $1,560,193Liabilities 2015: $6,975Net Assets 2015: $1,553,2182015Assets 2016: $1,502,619Liabilities 2016: $5,816Net Assets 2016: $1,496,8032016Assets 2017: $1,779,890Liabilities 2017: $167,444Net Assets 2017: $1,612,4462017Assets 2018: $1,824,874Liabilities 2018: $16,135Net Assets 2018: $1,808,7392018Assets 2019: $2,400,447Liabilities 2019: $463,075Net Assets 2019: $1,937,3722019Assets 2020: $3,820,756Liabilities 2020: $800,937Net Assets 2020: $3,019,8192020Assets 2021: $3,261,917Liabilities 2021: $368,172Net Assets 2021: $2,893,7452021Assets 2022: $2,420,982Liabilities 2022: $285,415Net Assets 2022: $2,135,5672022Assets 2023: $6,258,572Liabilities 2023: $4,353,709Net Assets 2023: $1,904,8632023Assets 2024: $5,175,027Liabilities 2024: $3,842,254Net Assets 2024: $1,332,7732024

Highlighted filing

2012

Assets$266,354
Liabilities$6,753
Net Assets$259,601
Open 2012 Filing

Operations Trend

Revenue Growth76th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $77,167Expenses 2010: $8,659Net Income 2010: $68,5082010Revenue 2011: $88,819Expenses 2011: $10,685Net Income 2011: $78,1342011Revenue 2012: $111,301Expenses 2012: $59,691Net Income 2012: $51,6102012Revenue 2013: $144,247Expenses 2013: $60,211Net Income 2013: $84,0362013Revenue 2014: $284,912Expenses 2014: $130,954Net Income 2014: $153,9582014Revenue 2015: $1,436,637Expenses 2015: $381,014Net Income 2015: $1,055,6232015Revenue 2016: $1,057,481Expenses 2016: $1,113,896Net Income 2016: -$56,4152016Revenue 2017: $1,302,575Expenses 2017: $1,186,932Net Income 2017: $115,6432017Revenue 2018: $1,371,715Expenses 2018: $1,175,422Net Income 2018: $196,2932018Revenue 2019: $4,806,265Expenses 2019: $4,677,632Net Income 2019: $128,6332019Revenue 2020: $7,039,893Expenses 2020: $5,957,446Net Income 2020: $1,082,4472020Revenue 2021: $6,213,918Expenses 2021: $6,339,992Net Income 2021: -$126,0742021Revenue 2022: $6,588,021Expenses 2022: $7,346,199Net Income 2022: -$758,1782022Revenue 2023: $9,043,437Expenses 2023: $9,274,141Net Income 2023: -$230,7042023Revenue 2024: $10,660,191Expenses 2024: $11,232,281Net Income 2024: -$572,0902024

Highlighted filing

2012

Revenue$111,301
Expenses$59,691
Net Income$51,610
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Apr 15, 2013
Return Version
2011v1.5
Mission and Program Overview

Mission

The organization's purpose is to raise funds in support of new york charter schools.

Filing and Contact Details

Filer

EIN
33-1174065
Raw XML Appendix189 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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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0LUYEN CHOU
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1DANIEL RUBENSTEIN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2PEARL ROCK KANE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2TRUSTEE
IRS990EZ/OperatingSchool00
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc00
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IRS990EZ/OtherAssetsTotal/BOY0100
IRS990EZ/OtherAssetsTotal/EOY05100
IRS990EZ/OtherChangesInNetAssets00
IRS990EZ/OtherExpensesTotal05852
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0PROSPECT SCHOOLS, INC. IS A NOT-FOR-PROFIT ORGANIZATION FOUNDED TO SUPPORT THE START-UP AND GROWTH OF BROOKLYN PROSPECT CHARTER SCHOOL.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0PROSPECT SCHOOLS, INC.'S PURPOSE IS TO RAISE FUNDS AND SUPPORT BROOKLYN PROSPECT CHARTER SCHOOL.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations048434
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses049308
IRS990EZ/ProhibitedTaxShelterTrans00
IRS990EZ/RelatedOrgControlledEntity00
IRS990EZ/SpecialEventsDirectExpenses06376
IRS990EZ/SpecialEventsNetIncomeLoss0536
IRS990EZ/StatesWhereCopyOfReturnIsFiled0NY
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IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode011218
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10HILLARY PRINCE
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IRS990EZ/WebSite0N/A
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IRS990ScheduleA/GiftsGrantsContribReceived170/Total0345687
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IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years074807
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IRS990ScheduleO/GeneralExplanation/Explanation0INTEREST INCOME 454..
IRS990ScheduleO/GeneralExplanation/Explanation1ACTIVITY CLASSIFICATION: . GRANTEE NAME: BROOKLYN PROSPECT CHARTER SCHOOL. GRANTEE ADDRESS: 3002 FORT HAMILTON PARKWAY BROOKLYN, NY 11218. GRANTEE RELATIONSHIP: AFFILIATE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 48,434.
IRS990ScheduleO/GeneralExplanation/Explanation2DESCRIPTION: OFFICE EXPENSE. AMOUNT: 4,331. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 1,521. TOTAL TO FORM 990-EZ, LINE 16: 5,852.
IRS990ScheduleO/GeneralExplanation/Explanation3DESCRIPTION: CONTRIBUTIONS RECEIVABLE. BEG. OF YEAR AMOUNT: 100. END OF YEAR AMOUNT: 5,100.
IRS990ScheduleO/GeneralExplanation/Explanation4DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 5,476. DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,277.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER INVESTMENT INCOME
IRS990ScheduleO/GeneralExplanation/Identifier1GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier3OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier4OTHER LIABILITIES
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IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration0THE 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/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0331174065
ReturnHeader/Filer/Name/BusinessNameLine10PROSPECT SCHOOLS INC
ReturnHeader/Filer/NameControl0PROS
ReturnHeader/Filer/Phone03478897041
ReturnHeader/Filer/USAddress/AddressLine103002 FORT HAMILTON PARKWAY
ReturnHeader/Filer/USAddress/City0BROOKLYN
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode011218
ReturnHeader/Officer/DateSigned02013-04-15
ReturnHeader/Officer/Name0DANIEL RUBENSTEIN
ReturnHeader/Officer/Phone07189657950
ReturnHeader/Officer/Title0TRUSTEE
ReturnHeader/Preparer/DatePrepared02013-04-15
ReturnHeader/PreparerFirm/EIN0061671819
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10FRUCHTER ROSEN & CO PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10156 WEST 56TH STREET STE 1804
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0NEW YORK
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode010019
ReturnHeader/Preparer/Name0GUS SALIBA
ReturnHeader/Preparer/Phone02129573600
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-04-15T15:58:40-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$266,354
Liabilities
$6,753
Net assets
$259,601
Revenue
$111,301
Expenses
$59,691
Net income
$51,610
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.18$3.84$1.33$10.7$11.2$0.57
2023Detailed filing. Detailed filing data is available for this year.$6.26$4.35$1.90$9.04$9.27$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.42$0.29$2.14$6.59$7.35$0.76
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.37$2.89$6.21$6.34$0.13
2020Detailed filing. Detailed filing data is available for this year.$3.82$0.80$3.02$7.04$5.96$1.08
2019Detailed filing. Detailed filing data is available for this year.$2.40$0.46$1.94$4.81$4.68$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.82$0.02$1.81$1.37$1.18$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.78$0.17$1.61$1.30$1.19$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.50$0.01$1.50$1.06$1.11$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$1.44$0.38$1.06
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.28$0.13$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.01$0.34$0.14$0.06$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.26$0.11$0.06$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.01$0.21$0.09$0.01$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.04$0.13$0.08$0.01$0.07