Civic Intelligence

Democracy Prep Endurance Charter School

990 • Fiscal year 2013 • EIN 45-3947399

Jul 01, 2012 to Jun 30, 2013 • Filed on May 02, 2014

250 West 127th Street10027
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$863,075

Flat from 2013

Net Assets

Flat

$530,623

Flat from 2013

Liabilities

Flat

$332,452

Flat from 2013

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$1,966,300

Flat from 2013

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $863,075Liabilities 2013: $332,452Net Assets 2013: $530,6232013Assets 2013: $863,075Liabilities 2013: $332,452Net Assets 2013: $530,6232013Assets 2014: $1,497,309Liabilities 2014: $576,327Net Assets 2014: $920,9822014Assets 2015: $2,382,650Liabilities 2015: $694,056Net Assets 2015: $1,688,5942015Assets 2016: $2,455,321Liabilities 2016: $630,927Net Assets 2016: $1,824,3942016Assets 2017: $3,339,396Liabilities 2017: $1,493,649Net Assets 2017: $1,845,7472017Assets 2018: $3,566,161Liabilities 2018: $1,720,414Net Assets 2018: $1,845,7472018Assets 2019: $3,970,673Liabilities 2019: $2,201,558Net Assets 2019: $1,769,1152019

Highlighted filing

2013

Assets$863,075
Liabilities$332,452
Net Assets$530,623

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $1,966,3002013Revenue 2013: $2,497,066Expenses 2013: $1,966,300Net Income 2013: $530,7662013Revenue 2014: $4,181,288Expenses 2014: $3,790,929Net Income 2014: $390,3592014Revenue 2015: $6,029,186Expenses 2015: $5,261,574Net Income 2015: $767,6122015Revenue 2016: $7,303,842Expenses 2016: $7,303,842Net Income 2016: $02016Revenue 2017: $9,572,009Expenses 2017: $9,550,656Net Income 2017: $21,3532017Revenue 2018: $10,315,598Expenses 2018: $10,315,598Net Income 2018: $02018Revenue 2019: $11,923,211Expenses 2019: $11,993,543Net Income 2019: -$70,3322019

Highlighted filing

2013

Revenue-
Expenses$1,966,300
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 2, 2014
Return Version
2012v2.1
Gross Receipts
$2,497,066
Mission and Program Overview

Mission

To educate students and build scholars by providing them with a demanding academic program that prepares them for success in college and citizenship.

Filing and Contact Details

Filer

EIN
45-3947399
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE 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 UNCERAIN TAX POSITION RESULTING IN AN ACCUAL OF TAX EXPENSE OR BENEFIT.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1VARIOUS EXPENSES FROM MAY 1, 2012 TO JUNE 30, 2012. AN AUDIT WAS PERFORMED FROM INCEPTION TO JUNE 30, 2013.
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE POLICY IS CLEARLY STATED ON ITS APPLICATIONS, COMMUNICATIONS TO PROSPECTIVE APPLICANTS, AND SCHOOL'S WEBSITE.
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDING INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS.
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IRS990ScheduleO/GeneralExplanation/Explanation0DEMOCRACY PREP ENDURANCE CHARTER SCHOOL ENTERED INTO A MANAGEMENT AGREEMENT WITH DEMOCRACY PREP PUBLIC SCHOOLS TO ASSUME RESPONSIBILTY FOR THE SCHOOL'S EDUCATIONAL PROCESS, MANAGEMENT, AND OPERATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation1FORM 990 IS REVIEWED BY MANAGMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL THE BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
IRS990ScheduleO/GeneralExplanation/Explanation2THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS. OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/GeneralExplanation/Explanation3COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/GeneralExplanation/Explanation4UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS.
IRS990ScheduleO/GeneralExplanation/Explanation5THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDANT AUDITOR.
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IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C:
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