Civic Intelligence

Urban Dove Team Charter School IV

EIN 45-1688408 • 501(c)3 • Long Island City, NY

Profile

Reinventing options for adolescents deserving success' (roads) mission is to ensure that over-age, under-credited students graduate from high school create and operate transformative high schools characterized by customized and rigorous curricula, socio-emotional support, and work-based experiences.

21-21 41st AVENUE Suite 2DLong Island City, NY 11101

www.roadsschools.org

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.10x

Higher debt load relative to revenue than 57% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Net Margin

34th percentile

-0.6%

Higher net margin than 34% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$225,344

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

NTEE B • $1M-$5M nonprofits • Source year 2024

Asset Growth

5th percentile

-42%

Faster asset growth than 5% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-6.7%

Faster revenue growth than 25% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$420,507

Down $303,795 (-42%) from 2023

Liabilities

Down

$426,149

Down $276,997 (-39%) from 2023

Net Assets

Down

-$5,642

Down $26,798 (-127%) from 2023

Revenue

Down

$4,181,767

Down $297,958 (-6.7%) from 2023

Expenses

Down

$4,208,565

Down $342,086 (-7.5%) from 2023

Net Income

Up

-$26,798

Up $44,128 (+62%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $127,347Liabilities 2012: $133,330Net Assets 2012: -$5,9832012Assets 2013: $658,572Liabilities 2013: $307,003Net Assets 2013: $351,5692013Assets 2014: $435,113Liabilities 2014: $293,839Net Assets 2014: $141,2742014Assets 2015: $674,209Liabilities 2015: $501,734Net Assets 2015: $172,4752015Assets 2016: $849,477Liabilities 2016: $676,801Net Assets 2016: $172,6762016Assets 2017: $610,439Liabilities 2017: $432,287Net Assets 2017: $178,1522017Assets 2018: $802,879Liabilities 2018: $348,059Net Assets 2018: $454,8202018Assets 2019: $1,239,372Liabilities 2019: $905,136Net Assets 2019: $334,2362019Assets 2020: $1,036,921Liabilities 2020: $396,192Net Assets 2020: $640,7292020Assets 2021: $748,326Liabilities 2021: $332,290Net Assets 2021: $416,0362021Assets 2022: $506,769Liabilities 2022: $414,687Net Assets 2022: $92,0822022Assets 2023: $724,302Liabilities 2023: $703,146Net Assets 2023: $21,1562023Assets 2024: $420,507Liabilities 2024: $426,149Net Assets 2024: -$5,6422024

Highlighted filing

2024

Assets$420,507
Liabilities$426,149
Net Assets-$5,642

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $146,142Expenses 2012: $152,125Net Income 2012: -$5,9832012Expenses 2013: $2,911,9682013Revenue 2014: $3,420,196Expenses 2014: $3,611,557Net Income 2014: -$191,3612014Revenue 2015: $3,716,172Expenses 2015: $3,684,971Net Income 2015: $31,2012015Revenue 2016: $4,718,553Expenses 2016: $4,718,352Net Income 2016: $2012016Revenue 2017: $4,330,966Expenses 2017: $4,325,490Net Income 2017: $5,4762017Revenue 2018: $3,715,768Expenses 2018: $3,439,100Net Income 2018: $276,6682018Revenue 2019: $4,436,400Expenses 2019: $4,556,984Net Income 2019: -$120,5842019Revenue 2020: $4,495,696Expenses 2020: $4,189,203Net Income 2020: $306,4932020Revenue 2021: $4,330,577Expenses 2021: $4,555,270Net Income 2021: -$224,6932021Revenue 2022: $3,715,439Expenses 2022: $4,039,393Net Income 2022: -$323,9542022Revenue 2023: $4,479,725Expenses 2023: $4,550,651Net Income 2023: -$70,9262023Revenue 2024: $4,181,767Expenses 2024: $4,208,565Net Income 2024: -$26,7982024

Highlighted filing

2024

Revenue$4,181,767
Expenses$4,208,565
Net Income-$26,798

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.43$0.01$4.18$4.21$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.70$0.02$4.48$4.55$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.41$0.09$3.72$4.04$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.33$0.42$4.33$4.56$0.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.40$0.64$4.50$4.19$0.31
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.91$0.33$4.44$4.56$0.12
2018Summary only. Only limited summary data is available for this year.$0.80$0.35$0.45$3.72$3.44$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.43$0.18$4.33$4.33$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.68$0.17$4.72$4.72$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.50$0.17$3.72$3.68$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.29$0.14$3.42$3.61$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.31$0.35$2.91
2012Summary only. Only limited summary data is available for this year.$0.13$0.13$0.01$0.15$0.15$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 21, 2025
Return Version
2023v6.0
Gross Receipts
$4,181,767
Mission and Program Overview

Mission

Reinventing options for adolescents deserving success' (roads) mission is to ensure that over-age, under-credited students graduate from high school create and operate transformative high schools characterized by customized and rigorous curricula, socio-emotional support, and work-based experiences.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$458,389$237,213▼ $221,176
Savings and Temporary Cash Investments$234,056$116,674▼ $117,382
Prepaid Expenses and Deferred Charges$21,060$4,024▼ $17,036
Land, Buildings, and Equipment, Net$633$0▼ $633
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$724,302$420,507▼ $303,795
Other Assets Total$10,164$62,596▲ $52,432
Liabilities
Other Liabilities$206,325$286,874▲ $80,549
Unsecured Notes Loans Payable$270,000$0▼ $270,000
Accounts Payable and Accrued Expenses$226,821$139,275▼ $87,546
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$703,146$426,149▼ $276,997
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$21,156$-5,642▼ $26,798
Total Net Assets Fund Balance$21,156$-5,642▼ $26,798
Total Liabilities and Net Assets / Fund Balance$724,302$420,507▼ $303,795

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$4,285$4,285
Other Assets Org$62,596--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristin GreerPrincipalFT$199,454$25,890$225,344
Tanya Paul-henryAss. Principal Instr.&Curr.FT$151,126$31,639$182,765
Aileen FelixDirector of Special EdFT$129,164$16,147$145,311
Lorna Wong-johnsonTeacher - Special EducationFT$103,929$23,588$127,517
Janice SmithDep Director of School OperationsFT$104,335$9,069$113,404
Zakiya BrownLead Social WorkerFT$100,694$10,267$110,961

Board Members and Trustees

NameTitle
Elizabeth ChuBoard Chair
Kisis CruzDirector of Fin&admin(5/1-6/30/24)
Chabeli LajaraTrustee
Daniel VolochTrustee
Sharon HayesTrustee
Cynthia RietschaCOO Thru 4/30/24
Edgar RodriguezSecretary
Vikas ShoorTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
New Visions For Public SchoolsManagement Services205 E 42ND STREET, New York, NY 10017$375,311
Revenue and Support

Revenue Composition

Contributions and Grants
$824,165
Program Service Revenue
$3,336,092
Investment Income
$13,958
Other Revenue
$7,552
All Other Contributions
$822,550
Change in Net Assets
$-26,798

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,181,767
Total Revenue per Audited Statements
$4,181,767
Total Revenue per Form 990
$4,181,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,129,097
Other Expenses$1,079,468
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,843,955$201,944-$2,045,899
Current Officers, Directors, Trustees, and Key Employees$186,387$187,277-$373,664
Other Employee Benefits$301,693$49,495-$351,188
Fees for Services Management$315,488$18,120-$333,608
Fees for Services Other$263,682$5,112-$268,794
Payroll Taxes$192,443$32,663-$225,106
Pension Plan Contributions$121,844$11,396-$133,240
Information Technology$87,163$6,176-$93,339
Insurance$58,062$3,335-$61,397
Occupancy$45,333$7,151-$52,484
Other Expenses$30,471$2,389$0$32,860
Office Expenses$26,782$4,088-$30,870
Fees for Services Accounting-$27,527-$27,527
Fees for Services Legal$7,507$431-$7,938
Advertising$2,493$320-$2,813
Depreciation Depletion$598$35-$633
Total Functional Expenses$3,643,879$564,686$0$4,208,565

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,208,565
Total Expenses per Audited Statements$4,208,565
Total Expenses per Form 990$4,208,565
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 Nyc Department of Education$210,968
Due to Affiliated Parties$75,906
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 RIETSCH, 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:

He organization amended its provisional charter to change its name to dove team charter school iv on july 23, 2024.

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

Form 990 was prepared by a national accounting firm based on information provided by the director of finance of the charter management organization (cmo) contracted by the new 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 principals and members of the 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 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 PRINCIPAL, ASSISTANT PRINCIPAL, 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.

Filing and Contact Details

Filer

Filer Name
Urban Dove Team Charter School Iv
EIN
45-1688408
In Care Of
% ACCOUNTING DEPT URBAN DOVE
Phone
3475629832
Address
21-21 41st AVENUE Suite 2D, LONG ISLAND CITY, NY 11101

Signing Officer

Name
Jai Nanda
Title
Executive Director
Phone
2122442131
Signed
2025-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jai Nanda
Formed
2011
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
35
Volunteers
6

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, Header Section, Item C:

As of July 1, 2024, New Visions for Public Schools, Inc. and the reporting organization have mutually agreed to terminate their relationship and to transition management of the reporting organization to Urban Dove, Inc., a not-for-profit Charter Management Organization. As such the reporting organization changed its name to Urban Dove Team Charter School IV.

FORM 990, PART I, LINE 1:

Aim to be great, invest in future, maximize your potential. Our mission is to provide youth who face the greatest obstacles to successful high school completion with the supports, experiences, and opportunities they need to graduate high school prepared for a successful transition into a post secondary academic or work preparatory program.

FORM 990, PART III, LINE 1:

Aim to be great, invest in future, maximize your potential. Our mission is to provide youth who face the greatest obstacles to successful high school completion with the supports, experiences, and opportunities they need to graduate high school prepared for a successful transition into a post secondary academic or work preparatory program.

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 648 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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