Civic Intelligence

Canarsie Ascend Charter School

990 • Fiscal year 2015 • EIN 45-3957158

Jul 01, 2014 to Jun 30, 2015 • Filed on May 12, 2016

9719 Flatlands AvenueBrooklyn, NY 11236

(347) 464-7600

Siviq Scores

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

Liabilities / Assets

98th percentile

1.68x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

0.46x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Net Margin

20th percentile

-5.7%

Higher net margin than 20% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

75th percentile

$129,267

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Asset Growth

93rd percentile

96%

Faster asset growth than 93% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

25%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,221,030

Up $597,877 (+96%) from 2014

Net Assets

Down

-$824,574

Down $256,092 (-45%) from 2014

Liabilities

Up

$2,045,604

Up $853,969 (+72%) from 2014

Revenue

Up

$4,459,705

Up $884,362 (+25%) from 2014

Expenses

Up

$4,715,797

Up $633,573 (+16%) from 2014

Net Income

Up

-$256,092

Up $250,789 (+49%) from 2014

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0-$200MAssets 2013: $153,664Liabilities 2013: $215,2652013Assets 2014: $623,153Liabilities 2014: $1,191,635Net Assets 2014: -$568,4822014Assets 2015: $1,221,030Liabilities 2015: $2,045,604Net Assets 2015: -$824,5742015Assets 2016: $3,060,437Liabilities 2016: $3,688,695Net Assets 2016: -$628,2582016Assets 2017: $32,876,057Liabilities 2017: $33,303,970Net Assets 2017: -$427,9132017Assets 2018: $22,245,821Liabilities 2018: $23,159,232Net Assets 2018: -$913,4112018Assets 2019: $23,948,867Liabilities 2019: $25,347,005Net Assets 2019: -$1,398,1382019Assets 2020: $29,376,376Liabilities 2020: $34,443,347Net Assets 2020: -$5,066,9712020Assets 2021: $45,182,055Liabilities 2021: $36,725,159Net Assets 2021: $8,456,8962021Assets 2022: $56,267,292Liabilities 2022: $46,034,297Net Assets 2022: $10,232,9952022Assets 2023: $424,782,493Liabilities 2023: $410,861,717Net Assets 2023: $13,920,7762023Assets 2024: $482,019,155Liabilities 2024: $467,887,395Net Assets 2024: $14,131,7602024

Highlighted filing

2015

Assets$1,221,030
Liabilities$2,045,604
Net Assets-$824,574

Operations Trend

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

$150M$100M$50M$0-$50MRevenue 2013: $100,078Expenses 2013: $145,811Net Income 2013: -$45,7332013Revenue 2014: $3,575,343Expenses 2014: $4,082,224Net Income 2014: -$506,8812014Revenue 2015: $4,459,705Expenses 2015: $4,715,797Net Income 2015: -$256,0922015Revenue 2016: $7,104,503Expenses 2016: $6,908,187Net Income 2016: $196,3162016Revenue 2017: $71,873,396Expenses 2017: $71,183,128Net Income 2017: $690,2682017Revenue 2018: $85,211,791Expenses 2018: $85,954,647Net Income 2018: -$742,8562018Revenue 2019: $103,657,162Expenses 2019: $104,141,889Net Income 2019: -$484,7272019Revenue 2020: $117,818,252Expenses 2020: $120,979,969Net Income 2020: -$3,161,7172020Revenue 2021: $130,071,368Expenses 2021: $116,547,501Net Income 2021: $13,523,8672021Revenue 2022: $137,441,682Expenses 2022: $135,665,583Net Income 2022: $1,776,0992022Revenue 2023: $147,524,318Expenses 2023: $145,945,520Net Income 2023: $1,578,7982023Revenue 2024: $139,253,884Expenses 2024: $139,042,900Net Income 2024: $210,9842024

Highlighted filing

2015

Revenue$4,459,705
Expenses$4,715,797
Net Income-$256,092
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 12, 2016
Return Version
2014v6.0
Gross Receipts
$4,459,705
Mission and Program Overview

Mission

Ascend charter schools' (the "school") mission is to equip every student with the knowledge, confidence, and character to succeed in college and beyond. The school will span kindergarten through the 12th grade at maturity. From the earliest grades, students will steadily build a strong foundation of learning habits, critical thinking skills, and knowledge; excel academically in the middle and high school, mastering high-level math and science; and graduate as confident young adults, prepared to succeed as college students, as citizens, and as leaders in their chosen fields.

To equip every student with the knowledge,confidence,and character to succeed in college and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$492,380$843,673▲ $351,293
Savings and Temporary Cash Investments$6,281$202,330▲ $196,049
Pledges and Grants Receivable$68,521$91,772▲ $23,251
Prepaid Expenses and Deferred Charges$2,841$20,681▲ $17,840
Cash and Non-Interest-Bearing Accounts$25,567$8,118▼ $17,449
Accounts Receivable$2,012$529▼ $1,483
Total Assets$623,153$1,221,030▲ $597,877
Other Assets Total$25,551$53,927▲ $28,376
Liabilities
Other Liabilities$710,923$1,322,155▲ $611,232
Accounts Payable and Accrued Expenses$280,712$466,412▲ $185,700
Unsecured Notes Loans Payable$200,000$200,000→ $0
Deferred Revenue$0$57,037▲ $57,037
Total Liabilities$1,191,635$2,045,604▲ $853,969
Net Assets / Fund Balance
Unrestricted Net Assets$-568,482$-824,574▼ $256,092
Total Net Assets Fund Balance$-568,482$-824,574▼ $256,092
Total Liabilities and Net Assets / Fund Balance$623,153$1,221,030▲ $597,877

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$545,411$31,190$576,601
Other Land Buildings$185,161$79,179$264,340
Equipment$113,101$84,997$198,098
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brenda DanielsSchool DirectorFT$121,099$8,168$129,267

Board Members and Trustees

NameTitle
Stephanie MauterstockBoard Chair
Arlise CarsonSchool Director
Christine SchlendorfTrustee
Lisa SmithTrustee
Amanda CraftSecretary
Kathleen QuirkTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ascend Learning INCManagement205 ROCKAWAY PARKWAY, Brooklyn, NY 11212$733,779
Revenue and Support

Revenue Composition

Contributions and Grants
$594,175
Program Service Revenue
$3,864,996
Investment Income
$290
Other Revenue
$244
All Other Contributions
$2,600
Change in Net Assets
$-256,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,459,705
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,459,705
Total Revenue per Form 990
$4,459,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,713,765
Salaries, Compensation, and Employee Benefits$2,002,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,436,678$80,742-$1,517,420
Occupancy$1,020,531$84,785-$1,105,316
Fees for Services Management$185,987$278,980-$464,967
Fees for Services Other$190,600$75,478-$266,078
Current Officers, Directors, Trustees, and Key Employees$122,179$52,362-$174,541
Other Employee Benefits$151,331$9,028-$160,359
Payroll Taxes$136,315$11,325-$147,640
Depreciation Depletion$111,776$9,286-$121,062
Office Expenses$53,088$19,924-$73,012
All Other Expenses$23,682$5,909-$29,591
Insurance$24,501$1,969-$26,470
Other Expenses$22,967$1,908-$24,875
Fees for Services Accounting-$24,776-$24,776
Travel$10,475$870-$11,345
Information Technology$7,985$663-$8,648
Advertising$5,706$68-$5,774
Fees for Services Legal-$4,698-$4,698
Pension Plan Contributions$1,961$111-$2,072
Total Functional Expenses$4,030,235$685,562$0$4,715,797

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,715,797
Total Expenses per Audited Statements$4,715,797
Total Expenses per Form 990$4,715,797
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$1,273,500
Due to Related Parties$48,655
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 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

The school has a relationship with a charter management organization, ascend learning, inc. Which provides management services and facility development costs pursuant to an agreement between both parties.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by management and the finance committee of the board of trustees for aproval. If changes are required, the school will then forward 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 12C

The school monitors the conflict of interest policy by an annual disclosure for each board member.

Form 990, Part VI, Section B, Line 15

The executive committee and the board reviewed, discussed, and approved the compensation for the executive director and relied on comparable data from the department of education.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and the financial statements are all available upon request.

Filing and Contact Details

Filer

Filer Name
Canarsie Ascend Charter School
EIN
45-3957158
Phone
3474647600
Address
9719 FLATLANDS AVENUE, BROOKLYN, NY 11236

Signing Officer

Name
Stephanie Mauterstock
Title
Board Chair
Phone
3472942600
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Mauterstock
Formed
2011
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
42
Volunteers
0

Preparer

Firm
Fruchter Rosen & Co Pc
Address
156 WEST 56TH STREET STE 1804, NEW YORK, NY 10019
Preparer
Gus Saliba
Phone
2129573600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C:

The school has a finance committee that is responsible for oversight of the audit and selection of the independent auditor.

Financial Statement Notes

PART X, LINE 2:

The 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 uncertain tax position resulting in an accrual of tax expense or benefit.

Raw XML AppendixShowing 400 of 526 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0280712
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0466412
IRS990/AccountsReceivableGrp/BOYAmt02012
IRS990/AccountsReceivableGrp/EOYAmt0529
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE,CONFIDENCE,AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt068
IRS990/AdvertisingGrp/ProgramServicesAmt05706
IRS990/AdvertisingGrp/TotalAmt05774
IRS990/AllOtherContributionsAmt02600
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05909
IRS990/AllOtherExpensesGrp/ProgramServicesAmt023682
IRS990/AllOtherExpensesGrp/TotalAmt029591
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03474647600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0205 ROCKAWAY PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011212
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt025567
IRS990/CashNonInterestBearingGrp/EOYAmt08118
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt052362
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0122179
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0174541
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0733779
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0205 ROCKAWAY PARKWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BROOKLYN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011212
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ASCEND LEARNING INC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0594175
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0290
IRS990/CYOtherExpensesAmt02713765
IRS990/CYOtherRevenueAmt0244
IRS990/CYProgramServiceRevenueAmt03864996
IRS990/CYRevenuesLessExpensesAmt0-256092
IRS990/CYSalariesCompEmpBnftPaidAmt02002032
IRS990/CYTotalExpensesAmt04715797
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04459705
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt057037
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09286
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0111776
IRS990/DepreciationDepletionGrp/TotalAmt0121062
IRS990/Desc0EXPENSES DIRECTLY ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED CURRICULUM COSTS. FOR THE 2014-2015 SCHOOL YEAR, WE SERVED APPROXIMATELY 244 STUDENTS IN KINDERGARTEN THROUGH SECOND GRADE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04030235
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024776
IRS990/FeesForServicesAccountingGrp/TotalAmt024776
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04698
IRS990/FeesForServicesLegalGrp/TotalAmt04698
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0278980
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0185987
IRS990/FeesForServicesManagementGrp/TotalAmt0464967
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt075478
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0190600
IRS990/FeesForServicesOtherGrp/TotalAmt0266078
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt560.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt660.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt58168
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHANIE MAUTERSTOCK
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHLEEN QUIRK
IRS990/Form990PartVIISectionAGrp/PersonNm2AMANDA CRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTINE SCHLENDORF
IRS990/Form990PartVIISectionAGrp/PersonNm4LISA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5BRENDA DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm6ARLISE CARSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5121099
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0591575
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04459705
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0663
IRS990/InformationTechnologyGrp/ProgramServicesAmt07985
IRS990/InformationTechnologyGrp/TotalAmt08648
IRS990/InsuranceGrp/ManagementAndGeneralAmt01969
IRS990/InsuranceGrp/ProgramServicesAmt024501
IRS990/InsuranceGrp/TotalAmt026470
IRS990/InvestmentIncomeGrp/ExclusionAmt0290
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0290
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0195366
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0492380
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0843673
IRS990/LandBldgEquipCostOrOtherBssAmt01039039
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CANARSIE ASCEND CHARTER SCHOOL'S (THE "SCHOOL") MISSION IS TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. THE SCHOOL WILL SPAN KINDERGARTEN THROUGH THE 12TH GRADE AT MATURITY. (CONTINUED ON SCHEDULE O) FROM THE EARLIEST GRADES, STUDENTS WILL STEADILY BUILD A STRONG FOUNDATION OF LEARNING HABITS, CRITICAL THINKING SKILLS, AND KNOWLEDGE; EXCEL ACADEMICALLY IN THE MIDDLE AND HIGH SCHOOL, MASTERING HIGH-LEVEL MATH AND SCIENCE; AND GRADUATE AS CONFIDENT YOUNG ADULTS, PREPARED TO SUCCEED AS COLLEGE STUDENTS, AS CITIZENS, AND AS LEADERS IN THEIR CHOSEN FIELDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-568482
IRS990/NetAssetsOrFundBalancesEOYAmt0-824574
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt084785
IRS990/OccupancyGrp/ProgramServicesAmt01020531
IRS990/OccupancyGrp/TotalAmt01105316
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019924
IRS990/OfficeExpensesGrp/ProgramServicesAmt053088
IRS990/OfficeExpensesGrp/TotalAmt073012
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025551
IRS990/OtherAssetsTotalGrp/EOYAmt053927
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09028
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0151331
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160359
IRS990/OtherExpensesGrp/Desc0LEASED EQUIPMENT, FURNI
IRS990/OtherExpensesGrp/Desc1CURRICULUM AND CLASSROO
IRS990/OtherExpensesGrp/Desc2SECURITY
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020411
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12269
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21908
IRS990/OtherExpensesGrp/ProgramServicesAmt0245698
IRS990/OtherExpensesGrp/ProgramServicesAmt1251457
IRS990/OtherExpensesGrp/ProgramServicesAmt227318
IRS990/OtherExpensesGrp/ProgramServicesAmt322967
IRS990/OtherExpensesGrp/TotalAmt0266109
IRS990/OtherExpensesGrp/TotalAmt1251457
IRS990/OtherExpensesGrp/TotalAmt229587
IRS990/OtherExpensesGrp/TotalAmt324875
IRS990/OtherLiabilitiesGrp/BOYAmt0710923
IRS990/OtherLiabilitiesGrp/EOYAmt01322155
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0244
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0244
IRS990/OtherRevenueTotalAmt0244
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt080742
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01436678
IRS990/OtherSalariesAndWagesGrp/TotalAmt01517420
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011325
IRS990/PayrollTaxesGrp/ProgramServicesAmt0136315
IRS990/PayrollTaxesGrp/TotalAmt0147640
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0111
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01961
IRS990/PensionPlanContributionsGrp/TotalAmt02072
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt068521
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt091772
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02841
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020681
IRS990/PrincipalOfficerNm0STEPHANIE MAUTERSTOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/Desc1GOV'T PER-PUPIL REV.-F
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03566792
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1298204
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03566792
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1298204
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0503228
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04
IRS990/PYOtherExpensesAmt02374862
IRS990/PYOtherRevenueAmt0709
IRS990/PYProgramServiceRevenueAmt03071402
IRS990/PYRevenuesLessExpensesAmt0-506881
IRS990/PYSalariesCompEmpBnftPaidAmt01707362
IRS990/PYTotalExpensesAmt04082224
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03575343
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-256092
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03865240
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06281
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0202330
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0113101
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084997
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0198098
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04715797
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0545411
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031190
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0576601
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0185161
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt079179
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0264340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11273500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04459705
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 UNCERTAIN TAX POSITION RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0843673
IRS990ScheduleD/TotalExpensesPerForm990Amt04715797
IRS990ScheduleD/TotalLiabilityAmt01322155
IRS990ScheduleD/TotalRevenuePerForm990Amt04459705
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04459705
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04715797
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR THE NEW STUDENTS, THE SCHOOL INCLUDES A NON-DISCRIMINATORY POLICY IN ITS PUBLICATION MATERIALS USED TO INFORM THE LOCAL COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT OFFER ANY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. THE STUDENTS ARE NOT CHARGED TUITION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS A RELATIONSHIP WITH A CHARTER MANAGEMENT ORGANIZATION, ASCEND LEARNING, INC. WHICH PROVIDES MANAGEMENT SERVICES AND FACILITY DEVELOPMENT COSTS PURSUANT TO AN AGREEMENT BETWEEN BOTH PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL MONITORS THE CONFLICT OF INTEREST POLICY BY AN ANNUAL DISCLOSURE FOR EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE AND THE BOARD REVIEWED, DISCUSSED, AND APPROVED THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND RELIED ON COMPARABLE DATA FROM THE DEPARTMENT OF EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROOKLYN ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BROWNSVILLE ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2BUSHWICK ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3CENTRAL BROOKLYN ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0320232371
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1900461828
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2272299950
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3461745205
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings