Civic Intelligence

Canarsie Ascend Charter School

990 • Fiscal year 2020 • EIN 45-3957158

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

Organization ProfileWWW.ASCENDLEARNING.ORG
205 Rockaway PkwyBrooklyn, NY 11212

(347) 464-7600

Siviq Scores

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

Liabilities / Assets

99th percentile

1.17x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • NTEE B • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.29x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • NTEE B • $100M-$250M nonprofits • Source year 2020

Net Margin

24th percentile

-2.7%

Higher net margin than 24% of similar nonprofits.

2020 filings • NTEE B • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

15th percentile

$185,464

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2020 filings • NTEE B • $100M-$250M nonprofits • Source year 2020

Asset Growth

96th percentile

23%

Faster asset growth than 96% of similar nonprofits.

2020 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

14%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$29,376,376

Up $5,427,509 (+23%) from 2019

Net Assets

Down

-$5,066,971

Down $3,668,833 (-262%) from 2019

Liabilities

Up

$34,443,347

Up $9,096,342 (+36%) from 2019

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin24th percentile

Revenue

Up

$117,818,252

Up $14,161,090 (+14%) from 2019

Expenses

Up

$120,979,969

Up $16,838,080 (+16%) from 2019

Net Income

Down

-$3,161,717

Down $2,676,990 (-552%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

2020

Assets$29,376,376
Liabilities$34,443,347
Net Assets-$5,066,971
Open 2020 Filing

Operations Trend

Revenue Growth80th percentile

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

2020

Revenue$117,818,252
Expenses$120,979,969
Net Income-$3,161,717
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.2
Gross Receipts
$117,818,252
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$9,331,930$11,775,583▲ $2,443,653
Savings and Temporary Cash Investments$10,449,999$10,954,511▲ $504,512
Pledges and Grants Receivable$1,242,978$2,993,848▲ $1,750,870
Cash and Non-Interest-Bearing Accounts$2,335,501$2,381,512▲ $46,011
Prepaid Expenses and Deferred Charges$262,154$938,908▲ $676,754
Total Assets$23,948,867$29,376,376▲ $5,427,509
Other Assets Total$326,305$332,014▲ $5,709
Liabilities
Other Liabilities$19,914,381$25,732,952▲ $5,818,571
Accounts Payable and Accrued Expenses$5,338,924$6,233,056▲ $894,132
Mortgage Notes Payable Secured by Investment Property$0$2,292,597▲ $2,292,597
Deferred Revenue$93,700$184,742▲ $91,042
Total Liabilities$25,347,005$34,443,347▲ $9,096,342
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,398,138$-5,066,971▼ $3,668,833
Total Net Assets Fund Balance$-1,398,138$-5,066,971▼ $3,668,833
Total Liabilities and Net Assets / Fund Balance$23,948,867$29,376,376▲ $5,427,509

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,655,249$3,835,437$12,490,686
Other Land Buildings$2,944,558$5,290,414$8,234,972
Equipment$175,776$938,717$1,114,493
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anastasia MichalsSchool DirectorFT$168,830$16,634$185,464
Zelda WashingtonSchool DirectorFT$163,982$20,013$183,995
Billie QuigleySchool DirectorFT$144,310$15,558$159,868
Crystal LaneSchool DirectorFT$137,481$14,848$152,329
Tracy Deoliveira-lewisSchool DirectorFT$136,581$13,166$149,747

Board Members and Trustees

NameTitle
Stephanie MauterstockBoard Chair
Amanda CraftTrustee
Kwaku AndohTrustee
Nadine SylvesterTrustee
Oral WalcottTrustee
Glenn HoppsCo-treasurer
Shelly ClearyCo-treasurer
Christine SchlendorfSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Lavinia GroupTraining Services333 WEST 34TH STREET, New York, NY 10001$304,650
Mark Lang PaintingPainting Services205 ROCKAWAY PARKWAY, Brooklyn, NY 11212$229,850
Smith & Architects PllcArchitectural Services47-11 30TH AVE, Astoria, NY 11103$116,171
Pkf O'connor DaviesAccounting Services500 MAMARONECK AVE, Harrison, NY 10528$101,000
Revenue and Support

Revenue Composition

Contributions and Grants
$7,373,523
Program Service Revenue
$110,425,069
Investment Income
$10,267
Other Revenue
$9,393
All Other Contributions
$16,109
Change in Net Assets
$-3,161,717

Audited Revenue Reconciliation

Revenue per Audited Statements
$117,818,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$117,818,252
Total Revenue per Form 990
$117,818,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$68,251,243
Other Expenses$52,728,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$49,091,731$7,545,916-$56,637,647
Occupancy$20,409,515$3,104,432-$23,513,947
Fees for Services Management$5,965,269$8,584,172-$14,549,441
Other Employee Benefits$5,479,121$831,124-$6,310,245
Payroll Taxes$4,165,190$638,365-$4,803,555
Depreciation Depletion$1,856,792$294,672-$2,151,464
Office Expenses$1,483,515$457,248-$1,940,763
Fees for Services Other$1,104,256$523,523-$1,627,779
Information Technology$1,317,385$200,766-$1,518,151
Other Expenses$692,937$61,500-$754,437
All Other Expenses$417,330$117,347-$534,677
Insurance$447,777$64,573-$512,350
Pension Plan Contributions$433,376$66,420-$499,796
Travel$251,317$38,209-$289,526
Advertising$190,564$28,494-$219,058
Fees for Services Accounting-$120,000-$120,000
Fees for Services Legal-$45,795-$45,795
Interest$19,745$3,616-$23,361
Total Functional Expenses$98,109,499$22,870,470$0$120,979,969

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$120,979,969
Total Expenses per Audited Statements$120,979,969
Total Expenses per Form 990$120,979,969
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$22,997,739
Due to Affiliates$2,735,213
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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 is managed by ascend learning, inc., a new york state not-for-profit corporation. Pursuant to an agreement, the following duties have been assigned to the management company: - designing, selecting, acquiring, and implementing the education program for the school - recruiting, supervising, and evaluating the school directors on behalf of the school - day-to-day business management of the school, including management of business administration, payroll, and contracts with public and private entities. Management fees for the year ended june 30, 2020 amounted to $14,549,441.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by an outside accounting firm. The return is reviewed by management and a complete copy of the form 990 is provided to all board members prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“The school shares its conflict of interest policy with officers, trustees, and key employees as part of their regular meetings. Officers, trustees, and key employees are expected to declare if at any point a conflict of interest arises. In addition, the board of trustees sign an annual conflict of interest disclosure form. The board determines whether a conflict exists by majority vote, and the conflicted person must recuse himself/herself from the discussion and vote on such matter.”

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. It is posted on guidestar.org. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 205 rockaway parkway, brooklyn, ny 11212, or by calling the organization directly at (347)464-7600.”

Filing and Contact Details

Filer

Filer Name
Ascend Charter Schools
EIN
45-3957158
Phone
3474647600
Address
205 ROCKAWAY PKWY, BROOKLYN, NY 11212

Signing Officer

Name
Stephanie Mauterstock
Title
Board Chair
Phone
3474647600
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Mauterstock
Formed
2011
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
963
Volunteers
8

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Write off of grants and contracts receivable -507,116.”

FORM 990, PART XII, LINE 2C:

“The school has a finance committee that is responsible for oversight of the audit and selection of the independent auditor. The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The school recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the school had no uncertain tax positions that would require financial statement recognition or disclosure. The school is no longer subject to examinations by the applicable taxing jurisdictions for years prior to june 30, 2017.”

Raw XML AppendixShowing 400 of 592 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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IRS990/Desc0ASCEND CHARTER SCHOOLS IS A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS SERVING 5,425 STUDENTS IN 15 SCHOOLS ACROSS BROOKLYNNEW YORK'S MOST POPULOUS BOROUGH. OUR UNDERTAKING IS TO LEAD OUR STUDENTS ON A GREAT INTELLECTUAL ADVENTURE, PROVIDE THEM WITH AN EXCEPTIONAL COLLEGE PREPARATORY EDUCATION, AND PLACE THEM FIRMLY ON THE PATH TO SUCCESS IN COLLEGE AND BEYOND.
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IRS990/Form990PartVIISectionAGrp/PersonNm12ORAL WALCOTT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0168886
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1164042
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2144364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3137517
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4136581
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CO-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CO-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
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IRS990/FormationYr02011
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IRS990/FSAuditedInd01
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IRS990/InformationTechnologyGrp/TotalAmt01518151
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IRS990/InsuranceGrp/ProgramServicesAmt0447777
IRS990/InsuranceGrp/TotalAmt0512350
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ASCEND 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02292597
IRS990/NetAssetsOrFundBalancesBOYAmt0-1398138
IRS990/NetAssetsOrFundBalancesEOYAmt0-5066971
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1398138
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-5066971
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03104432
IRS990/OccupancyGrp/ProgramServicesAmt020409515
IRS990/OccupancyGrp/TotalAmt023513947
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0457248
IRS990/OfficeExpensesGrp/ProgramServicesAmt01483515
IRS990/OfficeExpensesGrp/TotalAmt01940763
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0326305
IRS990/OtherAssetsTotalGrp/EOYAmt0332014
IRS990/OtherChangesInNetAssetsAmt0-507116
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0831124
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05479121
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06310245
IRS990/OtherExpensesGrp/Desc0CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOOD SERVICES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0144298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt161500
IRS990/OtherExpensesGrp/ProgramServicesAmt02387617
IRS990/OtherExpensesGrp/ProgramServicesAmt11545896
IRS990/OtherExpensesGrp/ProgramServicesAmt2850166
IRS990/OtherExpensesGrp/ProgramServicesAmt3692937
IRS990/OtherExpensesGrp/TotalAmt02387617
IRS990/OtherExpensesGrp/TotalAmt11545896
IRS990/OtherExpensesGrp/TotalAmt2994464
IRS990/OtherExpensesGrp/TotalAmt3754437
IRS990/OtherLiabilitiesGrp/BOYAmt019914381
IRS990/OtherLiabilitiesGrp/EOYAmt025732952
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt049091731
IRS990/OtherSalariesAndWagesGrp/TotalAmt056637647
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0638365
IRS990/PayrollTaxesGrp/ProgramServicesAmt04165190
IRS990/PayrollTaxesGrp/TotalAmt04803555
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt066420
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0433376
IRS990/PensionPlanContributionsGrp/TotalAmt0499796
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01242978
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02993848
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0262154
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0938908
IRS990/PrincipalOfficerNm0STEPHANIE MAUTERSTOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611000
IRS990/ProgramServiceRevenueGrp/BusinessCd1611000
IRS990/ProgramServiceRevenueGrp/BusinessCd2531120
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/Desc1GOV'T PER-PUPIL REV.-FACILITIES
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM RELATED RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt098233518
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112056551
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2135000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt098233518
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112056551
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2135000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07292424
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08527
IRS990/PYOtherExpensesAmt046940394
IRS990/PYOtherRevenueAmt020060
IRS990/PYProgramServiceRevenueAmt096336151
IRS990/PYRevenuesLessExpensesAmt0-484727
IRS990/PYSalariesCompEmpBnftPaidAmt057201495
IRS990/PYTotalExpensesAmt0104141889
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0103657162
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3161717
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0110425069
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010449999
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010954511
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0938717
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01114493
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0120979969
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03835437
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt012490686
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022997739
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12735213
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0117818252
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0120979969
IRS990ScheduleD/TotalLiabilityAmt025732952
IRS990ScheduleD/TotalRevenuePerForm990Amt0117818252
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0117818252
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0120979969
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,376,376
Liabilities
$34,443,347
Net assets
-$5,066,971
Revenue
$117,818,252
Expenses
$120,979,969
Net income
-$3,161,717
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$482$468$14.1$139$139$0.21
2023Detailed filing. Detailed filing data is available for this year.$425$411$13.9$148$146$1.58
2022Detailed filing. Detailed filing data is available for this year.$56.3$46.0$10.2$137$136$1.78
2021Detailed filing. Detailed filing data is available for this year.$45.2$36.7$8.46$130$117$13.5
2020Detailed filing. Detailed filing data is available for this year.$29.4$34.4$5.07$118$121$3.16
2019Detailed filing. Detailed filing data is available for this year.$23.9$25.3$1.40$104$104$0.48
2018Detailed filing. Detailed filing data is available for this year.$22.2$23.2$0.91$85.2$86.0$0.74
2017Summary only. Only limited summary data is available for this year.$32.9$33.3$0.43$71.9$71.2$0.69
2016Detailed filing. Detailed filing data is available for this year.$3.06$3.69$0.63$7.10$6.91$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.22$2.05$0.82$4.46$4.72$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.62$1.19$0.57$3.58$4.08$0.51
2013Summary only. Only limited summary data is available for this year.$0.15$0.22$0.10$0.15$0.05