Civic Intelligence

Prospect Schools Inc.

990 • Fiscal year 2016 • EIN 33-1174065

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

Organization ProfileN/A
3002 Fort Hamilton ParkwayBrooklyn, NY 11218

(347) 889-7041

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-5.3%

Higher net margin than 21% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$213,377

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

24th percentile

-3.7%

Faster asset growth than 24% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$1,502,619

Down $57,574 (-3.7%) from 2015

Net Assets

Down

$1,496,803

Down $56,415 (-3.6%) from 2015

Liabilities

Down

$5,816

Down $1,159 (-17%) from 2015

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin21st percentile

Revenue

Down

$1,057,481

Down $379,156 (-26%) from 2015

Expenses

Up

$1,113,896

Up $732,882 (+192%) from 2015

Net Income

Down

-$56,415

Down $1,112,038 (-105%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth24th 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

2016

Assets$1,502,619
Liabilities$5,816
Net Assets$1,496,803
Open 2016 Filing

Operations Trend

Revenue Growth10th 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

2016

Revenue$1,057,481
Expenses$1,113,896
Net Income-$56,415
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$1,081,919
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,106,113$1,137,690▲ $31,577
Cash and Non-Interest-Bearing Accounts$254,080$361,352▲ $107,272
Pledges and Grants Receivable-$3,577-
Total Assets$1,560,193$1,502,619▼ $57,574
Other Assets Total$200,000$0▼ $200,000
Liabilities
Accounts Payable and Accrued Expenses$6,975$5,816▼ $1,159
Total Liabilities$6,975$5,816▼ $1,159
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,081,202$853,599▼ $227,603
Unrestricted Net Assets$472,016$643,204▲ $171,188
Total Net Assets Fund Balance$1,553,218$1,496,803▼ $56,415
Total Liabilities and Net Assets / Fund Balance$1,560,193$1,502,619▼ $57,574
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Luyen ChouBoard Chair
Pearl Rock KaneTrustee
Daniel RubensteinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,064,357
Program Service Revenue
$0
Investment Income
$1,012
Other Revenue
$-7,888
All Other Contributions
$995,712
Change in Net Assets
$-56,415

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,057,481
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,438
Total Revenue per Audited Statements
$1,081,919
Total Revenue per Form 990
$1,057,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,040,069
Other Expenses$73,827
Total Fundraising Expense$30,135
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,040,069--$1,040,069
Other Expenses$20,593$4,066$893$25,552
Fees for Services Other--$21,330$21,330
Office Expenses-$8,720$4,296$13,016
Fees for Services Accounting-$5,021-$5,021
Information Technology--$3,576$3,576
Occupancy-$2,600-$2,600
Travel$1,087$215$40$1,342
Insurance-$1,115-$1,115
Fees for Services Legal-$275-$275
Total Functional Expenses$1,061,749$22,012$30,135$1,113,896

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,138,334
Expenses per Audited Statements$1,113,896
Total Expenses per Form 990$1,113,896
Expenses Not Reported on Form 990$24,438
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Brooklyn Prospect Charter SchoolBrooklyn, NY501(c)(3)General Support.$1,040,069
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,438
Fundraising Gross Income$16,550
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$85,195$16,550$13,726$2,824
Total Events$85,195$16,550$24,438$-7,888
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
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 8B

“The board acts on behalf of the organization and no such committees exist.”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by the board of trustees for approval. If changes are required, the organization will then forward the form 990 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 12

“The organization follows the policies of related party brooklyn prospect charter school, but has not formally adopted them as its' own policies.”

Form 990, Part VI, Section C, Line 19

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 3002 fort hamilton parkway, brooklyn, ny 11218, or by calling the organization directly at (347)-889-7041.”

Filing and Contact Details

Filer

Filer Name
Prospect Schools Inc
EIN
33-1174065
Phone
3478897041
Address
3002 FORT HAMILTON PARKWAY, BROOKLYN, NY 11218

Signing Officer

Name
Daniel Rubenstein
Title
Trustee
Phone
3478897041
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Rubenstein
Formed
2007
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
66

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Prospect recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that prospect had no uncertain tax positions that would require financial statement recognition or disclosure. Prospect is no longer subject to examinations by the applicable taxing jurisdictions for years prior to june 30, 2013.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Sepcial event expenses reported on part viii, line 8b: 24,438.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Sepcial event expenses reported on part viii, line 8b: 24,438.”

Raw XML AppendixShowing 400 of 432 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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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01057481
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROSPECT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT PROSPECT HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PROSPECT IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SEPCIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B: 24,438.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SEPCIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B: 24,438.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01113896
IRS990ScheduleD/TotalRevenuePerForm990Amt01057481
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01081919
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01138334
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt068645
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt068645
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024438
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010712
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt085195
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt085195
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016550
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-7888
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013726
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013726
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01040069
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BROOKLYN PROSPECT CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0263206518
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03002 FORT HAMILTON PARKWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BROOKLYN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd011218
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS ESTABLISHED TO RAISE FUNDS IN SUPPORT OF THE OPERATIONS OF BROOKLYN PROSPECT CHARTER SCHOOL. EACH YEAR, THE MONEY RAISED AS PART OF THE ORGANIZATION'S ANNUAL FUND IS DONATED TO BROOKLYN PROSPECT CHARTER SCHOOL TO BE SPENT ON GENERAL OPERATING EXPENSES OF THE SCHOOL. THE ORGANIZATION DOES NOT PROVIDE GRANTS OR ASSISTANCE TO ANY ORGANIZATIONS OTHER THAN BROOKLYN PROSPECT CHARTER SCHOOL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0185917
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019710
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL RUBENSTEIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0213377
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PROSPECT SCHOOLS, INC. DOES NOT PROVIDE COMPENSATION TO ANY OF ITS TOP MANAGEMENT OFFICIALS. THE SALARY PAID TO TOP MANAGEMENT OFFICIALS IS PAID BY BROOKLYN PROSPECT CHARTER SCHOOL, A RELATED ORGANIZATION. THE FOLLOWING IS THEIR COMPENSATION POLICY: COMPENSATION OF THE ORGANIZATIONS OFFICERS IS BASED ON COMPARABLE DATA PROVIDED FROM THE DEPARTMENT OF EDUCATION. THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS REVIEWED, DETERMINED AND LAST APPROVED COMPENSATION IN 2015. ALL DISCUSSION AND DELIBERATION WAS DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD ACTS ON BEHALF OF THE ORGANIZATION AND NO SUCH COMMITTEES EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE ORGANIZATION WILL THEN FORWARD THE FORM 990 TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION FOLLOWS THE POLICIES OF RELATED PARTY BROOKLYN PROSPECT CHARTER SCHOOL, BUT HAS NOT FORMALLY ADOPTED THEM AS ITS' OWN POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 3002 FORT HAMILTON PARKWAY, BROOKLYN, NY 11218, OR BY CALLING THE ORGANIZATION DIRECTLY AT (347)-889-7041.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROOKLYN PROSPECT CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0263206518
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03002 FORT HAMILTON PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011218
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01081202
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0853599
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01560193
IRS990/TotalAssetsEOYAmt01502619
IRS990/TotalAssetsGrp/BOYAmt01560193
IRS990/TotalAssetsGrp/EOYAmt01502619
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01064357
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt030135
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022012
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01061749
IRS990/TotalFunctionalExpensesGrp/TotalAmt01113896
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06975
IRS990/TotalLiabilitiesEOYAmt05816
IRS990/TotalLiabilitiesGrp/BOYAmt06975
IRS990/TotalLiabilitiesGrp/EOYAmt05816
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01553218
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01496803
IRS990/TotalOtherCompensationAmt027460
IRS990/TotalProgramServiceExpensesAmt01061749
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-6876
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01057481
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt066
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01560193
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01502619
IRS990/TotReportableCompRltdOrgAmt0185917
IRS990/TravelGrp/FundraisingAmt040
IRS990/TravelGrp/ManagementAndGeneralAmt0215
IRS990/TravelGrp/ProgramServicesAmt01087
IRS990/TravelGrp/TotalAmt01342
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0472016
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0643204
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03002 FORT HAMILTON PARKWAY
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011218

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,502,619
Liabilities
$5,816
Net assets
$1,496,803
Revenue
$1,057,481
Expenses
$1,113,896
Net income
-$56,415
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