Civic Intelligence

New Visions Charter High School For

EIN 45-1559526 • 501(c)3 • New York, NY

Profile

New visions charter high school for humanities (hum) endeavors to provide all students, regardless of their previous academic history, equally with the highest quality education in an atmosphere of respect, responsibility and safety.

475 RIVERSIDE DRIVE Suite 950New York, NY 10115

www.newvisions.org/humanities

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.14x

Higher debt load relative to assets than 43% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.07x

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

NTEE B • $5M-$10M nonprofits • Source year 2024

Net Margin

22nd percentile

-6.3%

Higher net margin than 22% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$259,032

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

NTEE B • $5M-$10M nonprofits • Source year 2024

Asset Growth

12th percentile

-12%

Faster asset growth than 12% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-12%

Faster revenue growth than 15% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,756,949

Down $678,719 (-12%) from 2023

Liabilities

Down

$679,526

Down $61,494 (-8.3%) from 2023

Net Assets

Down

$4,077,423

Down $617,225 (-13%) from 2023

Revenue

Down

$9,745,718

Down $1,310,128 (-12%) from 2023

Expenses

Down

$10,362,943

Down $1,895,048 (-15%) from 2023

Net Income

Up

-$617,225

Up $584,920 (+49%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $951,330Liabilities 2012: $393,998Net Assets 2012: $557,3322012Assets 2013: $1,432,833Liabilities 2013: $644,958Net Assets 2013: $787,8752013Assets 2014: $1,046,900Liabilities 2014: $333,078Net Assets 2014: $713,8222014Assets 2015: $1,676,195Liabilities 2015: $375,400Net Assets 2015: $1,300,7952015Assets 2016: $2,878,831Liabilities 2016: $450,342Net Assets 2016: $2,428,4892016Assets 2017: $3,701,470Liabilities 2017: $721,310Net Assets 2017: $2,980,1602017Assets 2018: $3,444,854Liabilities 2018: $662,107Net Assets 2018: $2,782,7472018Assets 2019: $4,045,414Liabilities 2019: $730,882Net Assets 2019: $3,314,5322019Assets 2020: $6,086,164Liabilities 2020: $1,155,786Net Assets 2020: $4,930,3782020Assets 2021: $6,639,866Liabilities 2021: $1,028,083Net Assets 2021: $5,611,7832021Assets 2022: $6,711,858Liabilities 2022: $815,065Net Assets 2022: $5,896,7932022Assets 2023: $5,435,668Liabilities 2023: $741,020Net Assets 2023: $4,694,6482023Assets 2024: $4,756,949Liabilities 2024: $679,526Net Assets 2024: $4,077,4232024

Highlighted filing

2024

Assets$4,756,949
Liabilities$679,526
Net Assets$4,077,423

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $2,424,9482012Expenses 2013: $4,618,0232013Revenue 2014: $6,168,772Expenses 2014: $6,242,825Net Income 2014: -$74,0532014Revenue 2015: $8,102,469Expenses 2015: $7,515,496Net Income 2015: $586,9732015Revenue 2016: $9,012,702Expenses 2016: $7,885,008Net Income 2016: $1,127,6942016Revenue 2017: $9,364,148Expenses 2017: $8,812,477Net Income 2017: $551,6712017Revenue 2018: $9,665,761Expenses 2018: $9,863,174Net Income 2018: -$197,4132018Revenue 2019: $10,331,559Expenses 2019: $9,799,774Net Income 2019: $531,7852019Revenue 2020: $12,064,787Expenses 2020: $10,448,941Net Income 2020: $1,615,8462020Revenue 2021: $11,676,405Expenses 2021: $10,995,000Net Income 2021: $681,4052021Revenue 2022: $11,895,519Expenses 2022: $11,610,509Net Income 2022: $285,0102022Revenue 2023: $11,055,846Expenses 2023: $12,257,991Net Income 2023: -$1,202,1452023Revenue 2024: $9,745,718Expenses 2024: $10,362,943Net Income 2024: -$617,2252024

Highlighted filing

2024

Revenue$9,745,718
Expenses$10,362,943
Net Income-$617,225

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 23, 2025
Return Version
2023v6.0
Gross Receipts
$9,745,718
Mission and Program Overview

Mission

New visions charter high school for humanities (hum) endeavors to provide all students, regardless of their previous academic history, equally with the highest quality education in an atmosphere of respect, responsibility and safety.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,741,098$3,635,233▼ $105,865
Pledges and Grants Receivable$1,588,982$1,085,688▼ $503,294
Land, Buildings, and Equipment, Net$39,207$15,721▼ $23,486
Prepaid Expenses and Deferred Charges$29,889$15,307▼ $14,582
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$5,435,668$4,756,949▼ $678,719
Other Assets Total$36,492$5,000▼ $31,492
Liabilities
Accounts Payable and Accrued Expenses$401,237$342,904▼ $58,333
Other Liabilities$339,783$336,622▼ $3,161
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$741,020$679,526▼ $61,494
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,689,886$4,074,661▼ $615,225
Net Assets With Donor Restrictions$4,762$2,762▼ $2,000
Total Net Assets Fund Balance$4,694,648$4,077,423▼ $617,225
Total Liabilities and Net Assets / Fund Balance$5,435,668$4,756,949▼ $678,719

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,721$556,172$571,893
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Magaly I HicksPrincipal THRU 6/30/24FT$220,438$38,594$259,032
Cay Maria S BoswellASST PRINCIPAL, Class of 2024FT$190,132$26,246$216,378
Ruchi ShuklaASST PRINCIPAL, Class of 2023FT$176,614$32,608$209,222
Michele HayesASST PRINCIPAL, Class of 2026FT$123,064$18,956$142,020
Margaret Y CabanTeacher - ElaFT$122,817$18,993$141,810
Gustavo Jose CamiloDirector of School OperationsFT$122,258$10,311$132,569
Andre L LewisAssociate Director of GuidanceFT$117,289$12,560$129,849
Lillian a Lopez See Sch ODirector Inst/ap/prin. Eff 6/1/24FT$79,963$8,320$88,283
Dr Curtis a PalmoreCEO as of 10/1/23 (see Sch O)PT$8,813$30,565$39,378

Board Members and Trustees

NameTitle
Fredrick LevyBoard Chair
Kisis CruzDirector of Fin&admin as of 5/1/24
Edna VegaTrustee
Eva LopezTrustee
Lisa GibsonTrustee
Nancy GrossmanTrustee
Nancy Rosario - RodriguezTrustee
Peter CantilloTrustee
Kenton KirbyTrustee Thru 1/22/24
Marsha Milan-BethelTrustee Thru 12/18/23
Cynthia RietschaCOO Thru 4/30/24
Edgar RodriguezSecretary
Michael NathanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
New Visions For Public SchoolsManagement Services205 EAST 42ND ST, New York, NY 10017$872,967
Revenue and Support

Revenue Composition

Contributions and Grants
$1,615
Program Service Revenue
$9,455,379
Investment Income
$160,714
Other Revenue
$128,010
Change in Net Assets
$-617,225

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,745,718
Total Revenue per Audited Statements
$9,745,718
Total Revenue per Form 990
$9,745,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,303,612
Other Expenses$2,059,331
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,007,847$810,237-$5,818,084
Other Employee Benefits$849,861$161,084-$1,010,945
Fees for Services Management$667,400$89,031-$756,431
Payroll Taxes$465,243$90,258-$555,501
Current Officers, Directors, Trustees, and Key Employees$279,969$230,446-$510,415
Pension Plan Contributions$353,049$55,618-$408,667
Fees for Services Other$274,426$81,963-$356,389
Information Technology$137,389$17,860-$155,249
Office Expenses$113,879$11,396-$125,275
Occupancy$72,975$13,674-$86,649
Insurance$67,990$9,070-$77,060
Fees for Services Accounting-$37,448-$37,448
Advertising$28,340$106-$28,446
Depreciation Depletion$20,722$2,764-$23,486
Other Expenses$20,486$1,036$0$21,522
All Other Expenses$18,782$858-$19,640
Fees for Services Legal$12,136$1,574-$13,710
Total Functional Expenses$8,741,857$1,621,086$0$10,362,943

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,362,943
Total Expenses per Audited Statements$10,362,943
Total Expenses per Form 990$10,362,943
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Due to Affiliated Entities$335,513
Due to Nyc Dept of Education$1,109
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 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, SECTION A, LINE 3:

New Visions for Public Schools (NVPS) is a not-for-profit organization dedicated to supporting public schools and helping start and manage charter schools. Pursuant to the terms of the Educational Services Agreement by and between the School and NVPS, it provides educational management, operational, and fundraising services to the School. Cynthia Rietscha, COO until 4/30/2024, who is listed in Part VII, was compensated by NVPS. Starting 5/1/2024, Kisis Cruz, Director of Finance and Administration, took over as the top financial official and WAS also compensated by NVPS.

FORM 990, PART VI, SECTION A, LINE 4:

THE ORGANIZATION AMENDED ITS PROVISIONAL CHARTER TO CHANGE ITS NAME TO United Charter High School for the Humanities ON JULY 29, 2024.

FORM 990, PART VI, SECTION B, LINE 11B:

Form 990 is prepared by a national accounting firm, based on information provided by the director of finance of the charter management organization (cmo) contracted by the reporting organization. The director of finance and accounting manager of the cmo review the draft document. In addition, a copy of the draft is sent to the school's ceo, principal and members of the school's board of trustees.

FORM 990, PART VI, SECTION B, LINE 12C:

Upon acceptance of employment, employees sign acknowledging receipt of and compliance with the employee guidelines which states explicitly that employees cannot engage in activities which present a conflict of interest for the school. Potential/real conflicts are reviewed by the ceo and principal of the school and the director of finance of the charter management organization (cmo) and resolved. Employees are not permitted to continue activities that pose a real conflict. Before each board election, board members are asked to disclose any potential/real conflict that may impact their governance role. Board members with a real conflict will not be permitted to assume a board role. All conflicts are handled on a case by case basis.

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

SALARY COMPENSATION FOR THE CEO IS DETERMINED AND APPROVED BY THE BOARD TRUSTEES OF A 501(C)(3) ORGANIZATION, UNITED CHARTER HIGH SCHOOLS. IN DETERMINING COMPENSATION, THE BOARD REFERS TO MARKET INFORMATION AND ADVICE PROVIDED BY THE EXECUTIVE RECRUITING FIRM UTILIZED. THE DECISION IS DOCUMENTED IN THE BOARD MINUTES. SALARY COMPENSATION FOR THE PRINCIPAL, ASSISTANT PRINCIPALS, AND Director of School Operations (DSO) IS DETERMINED AND APPROVED BY THE BOARD TRUSTEES AND THE CHARTER MANAGEMENT ORGANIZATION (CMO). IN DETERMINING COMPENSATION, THE BOARD AND CMO WILL REFER TO PUBLISHED SALARY SURVEYS AND INDEPENDENT RESEARCH AS DEEMED NECESSARY.

FORM 990, PART VI, SECTION C, LINE 19:

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

FORM 990, PART VII, SECTION A, LINE 1A, NUMBER 8:

COMPENSATION REPORTED ON PART VII FOR LILLIAN A. LOPEZ IS FOR HER POSITION AS Director of Instruction - Special Education until August 2023. SHE WAS HIRED AS Assistant PRINCIPAL EFFECTIVE February 1, 2024. on JUNE 1, 2024, SHE was then PROMOTED TO PRINCIPAL.

FORM 990, PART VII, SECTION A, LINE 1A, NUMBER 9:

THE CEO, DR. CURTIS A. PALMORE, IS COMPENSATED BY A RELATED ORGANIZATION: UNITED CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE II, FOR THE PERIOD BETWEEN 10/1/23 AND 9/30/24. His compensation was allocated between the following organizations during calendar year 2023: an unrelated organization: United Charter High Schools; related schools: United Charter High School for The Humanities, United Charter HS for The Humanities II, United Charter High School for Advanced Math and Science, and United Charter High School for Advanced Math and Science II.

Filing and Contact Details

Filer

Filer Name
United Charter High School for
EIN
45-1559526
In Care Of
% ACCOUNTING DEPT NVPS
Phone
7188177686
Address
475 RIVERSIDE DRIVE Suite 950, New York, NY 10115

Signing Officer

Name
Tracy Kebatta
Title
CFO/COO
Phone
2128702010
Signed
2025-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Curtis A Palmore
Formed
2010
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
88
Volunteers
11

Preparer

Firm
Bdo USA
Address
200 PARK AVENUE 38TH FLOOR, NEW YORK, NY 10166
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

United Charter High School for the Humanities ENDEAVORS TO PROVIDE ALL STUDENTS, REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, EQUALLY WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY.

Financial Statement Notes

PART X, LINE 2:

The school is exempt from federal, state and local income taxes under section 501(c)(3) of the internal revenue code (the "irc") and, therefore, has made no provision for income taxes in the accompanying financial statements. In addition, the school has been determined by the internal revenue service not to be a "private foundation" within the meaning of section 509(a) of the irc. There was no unrelated business income for the year ended june 30, 2024. Under u.s. Gaap, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by a taxing authority. The school does not believe it has taken any material uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax benefits. The school is subject to routine audits by a taxing authority. As of june 30, 2024, the school was not subject to any examination by a taxing authority.

Raw XML AppendixShowing 400 of 744 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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