Civic Intelligence

New Visions Charter High School for Advanced Math and Science II

990 • Fiscal year 2017 • EIN 45-4659946

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 20, 2018

900 Tinton AvenueBronx, NY 10456

(718) 665-3671

Siviq Scores

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

Liabilities / Assets

30th percentile

0.09x

Higher debt load relative to assets than 30% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

23rd percentile

0.05x

Higher debt load relative to revenue than 23% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Net Margin

78th percentile

17%

Higher net margin than 78% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

45th percentile

$117,892

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Asset Growth

87th percentile

40%

Faster asset growth than 87% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

37th percentile

2.3%

Faster revenue growth than 37% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,552,247

Up $1,599,628 (+40%) from 2016

Net Assets

Up

$5,075,753

Up $1,552,538 (+44%) from 2016

Liabilities

Up

$476,494

Up $47,090 (+11%) from 2016

Revenue

Up

$8,928,324

Up $203,634 (+2.3%) from 2016

Expenses

Up

$7,375,786

Up $395,301 (+5.7%) from 2016

Net Income

Down

$1,552,538

Down $191,667 (-11%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $358,573Liabilities 2012: $33,541Net Assets 2012: $325,0322012Assets 2013: $675,059Liabilities 2013: $356,982Net Assets 2013: $318,0772013Assets 2014: $1,080,042Liabilities 2014: $270,966Net Assets 2014: $809,0762014Assets 2015: $2,121,139Liabilities 2015: $342,129Net Assets 2015: $1,779,0102015Assets 2016: $3,952,619Liabilities 2016: $429,404Net Assets 2016: $3,523,2152016Assets 2017: $5,552,247Liabilities 2017: $476,494Net Assets 2017: $5,075,7532017Assets 2018: $6,865,228Liabilities 2018: $583,104Net Assets 2018: $6,282,1242018Assets 2019: $7,605,360Liabilities 2019: $584,740Net Assets 2019: $7,020,6202019Assets 2020: $10,147,191Liabilities 2020: $1,186,975Net Assets 2020: $8,960,2162020Assets 2021: $11,364,878Liabilities 2021: $993,672Net Assets 2021: $10,371,2062021Assets 2022: $12,482,791Liabilities 2022: $804,325Net Assets 2022: $11,678,4662022Assets 2023: $11,790,387Liabilities 2023: $975,258Net Assets 2023: $10,815,1292023Assets 2024: $10,583,848Liabilities 2024: $877,569Net Assets 2024: $9,706,2792024

Highlighted filing

2017

Assets$5,552,247
Liabilities$476,494
Net Assets$5,075,753

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $415,000Expenses 2012: $89,968Net Income 2012: $325,0322012Expenses 2013: $2,360,6042013Revenue 2014: $4,242,274Expenses 2014: $3,751,275Net Income 2014: $490,9992014Revenue 2015: $6,618,060Expenses 2015: $5,648,126Net Income 2015: $969,9342015Revenue 2016: $8,724,690Expenses 2016: $6,980,485Net Income 2016: $1,744,2052016Revenue 2017: $8,928,324Expenses 2017: $7,375,786Net Income 2017: $1,552,5382017Revenue 2018: $9,423,343Expenses 2018: $8,216,972Net Income 2018: $1,206,3712018Revenue 2019: $9,925,748Expenses 2019: $9,187,252Net Income 2019: $738,4962019Revenue 2020: $11,123,519Expenses 2020: $9,183,923Net Income 2020: $1,939,5962020Revenue 2021: $11,850,103Expenses 2021: $10,439,113Net Income 2021: $1,410,9902021Revenue 2022: $11,852,110Expenses 2022: $10,544,850Net Income 2022: $1,307,2602022Revenue 2023: $11,826,522Expenses 2023: $12,689,859Net Income 2023: -$863,3372023Revenue 2024: $11,341,215Expenses 2024: $12,450,065Net Income 2024: -$1,108,8502024

Highlighted filing

2017

Revenue$8,928,324
Expenses$7,375,786
Net Income$1,552,538
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 20, 2018
Return Version
2016v3.0
Gross Receipts
$8,928,324
Mission and Program Overview

Mission

New visions charter high school for advanced math and science ii (ams ii) 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.

New visions charter high school for advanced math and science ii (ams ii) endeavors to extend equally to provide all students; regardless of their previous academic history, with the highest quality education in an atmosphere of respect, responsibility and safety.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,407,158$4,960,888▲ $1,553,730
Pledges and Grants Receivable$339,712$459,932▲ $120,220
Savings and Temporary Cash Investments$75,170$75,282▲ $112
Land, Buildings, and Equipment, Net$115,032$53,495▼ $61,537
Prepaid Expenses and Deferred Charges$15,065$2,650▼ $12,415
Total Assets$3,952,619$5,552,247▲ $1,599,628
Other Assets Total$482$0▼ $482
Liabilities
Accounts Payable and Accrued Expenses$265,855$260,699▼ $5,156
Other Liabilities$163,549$215,795▲ $52,246
Total Liabilities$429,404$476,494▲ $47,090
Net Assets / Fund Balance
Unrestricted Net Assets$3,487,704$5,044,706▲ $1,557,002
Temporarily Rstr Net Assets$35,511$31,047▼ $4,464
Total Net Assets Fund Balance$3,523,215$5,075,753▲ $1,552,538
Total Liabilities and Net Assets / Fund Balance$3,952,619$5,552,247▲ $1,599,628

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,495$213,866$267,361
Other Land Buildings$0$9,143$9,143
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stacey KingPrincipal Thru Aug 2016FT$103,228$14,664$117,892
Spiridoula ManessisPrincipalFT$100,717$16,818$117,535
Marangelitza Rivera CabanDirector of School OperationsFT$99,356$17,292$116,648
Kathleen PatacsilDirector of School Operations Thru Aug 16FT$32,017$3,078$35,095

Board Members and Trustees

NameTitle
Nancy GrossmanBoard Chair
Edna VegaBoard Member
Frederick LevyBoard Member
Jindra ZitekBoard Member
Lili LyntonBoard Member
Michael NathanBoard Member
Peter CantilloBoard Member
Selina UrbinaBoard Member
John AldermanBoard Member Thru Oct 2016
Ron ChaluisanSecretary Thru Sept 2016
Stacy MartinTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
New Visions For Public SchoolsManagement Services205 EAST 42ND ST 4TH FL, New York, NY 10017$705,232
Revenue and Support

Revenue Composition

Contributions and Grants
$6,835
Program Service Revenue
$8,867,359
Investment Income
$212
Other Revenue
$53,918
All Other Contributions
$6,835
Change in Net Assets
$1,552,538

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,928,324
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,928,324
Total Revenue per Form 990
$8,928,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,519,701
Other Expenses$1,856,085
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,785,111$480,498-$4,265,609
Fees for Services Management$691,363$18,026-$709,389
Other Employee Benefits$412,614$51,898-$464,512
Payroll Taxes$303,588$49,495-$353,083
Comp Disqual Persons$116,312$161,414-$277,726
Information Technology$201,893$2,748-$204,641
Fees for Services Other$197,472$2,175-$199,647
Office Expenses$152,239$8,625-$160,864
Pension Plan Contributions$145,262$13,509-$158,771
Depreciation Depletion$59,973$1,564-$61,537
Insurance$50,872$1,050-$51,922
Other Expenses$47,311$4,311-$51,622
All Other Expenses$44,655$5,850-$50,505
Fees for Services Accounting-$20,037-$20,037
Fees for Services Legal$4,198$109-$4,307
Advertising$3,249$256-$3,505
Total Functional Expenses$6,552,279$823,507$0$7,375,786

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,375,786
Total Expenses per Audited Statements$7,375,786
Total Expenses per Form 990$7,375,786
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
Due to Related Entities$143,187
Due to Nyc Department of Education$72,608
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
No

Governance Explanations

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

Form 990 is prepared by mbaf cpa's, llc, an independent accounting firm, based on information provided by the director of finance of the cmo organization contracted by ams ii. The coo, director of finance, and controller of the cmo reviews the draft document. In addition, a copy of the draft is sent to the school's 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 coo and principal of the school and the coo of the cmo organization 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, Line 15

Salary compensation for the principal, assistant principals, and coo is determined and approved by the board trustees and the 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

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

Filing and Contact Details

Filer

Filer Name
New Visions Charter High School for
EIN
45-4659946
Phone
7186653671
Address
900 TINTON AVENUE, BRONX, NY 10456

Signing Officer

Name
Stacy Martin
Title
Treasurer
Phone
7186653671
Signed
2018-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Spiridoula Manessis
Formed
2012
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
92
Volunteers
11

Preparer

Firm
Mbaf Cpas LLC
Address
440 PARK AVE SOUTH, NEW YORK, NY 10016
Preparer
Marc Taub CPA
Phone
2125761400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

The school follows the accounting standard for uncertainty in income taxes. The standard prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statements. It also provides guidance for derecognition, classification, interest and penalties, disclosure and transition. The school files informational returns in the federal and new york state jurisdictions. With few exceptions, the school is no longer subject to federal, state, or local income tax examinations for fiscal years before 2014. The school believes that it has appropriate support for the positions taken on its tax returns. Nonetheless, the amounts ultimately paid, if any, upon resolution of the issues raised by the taxing authorities may differ materially from the amounts accrued for each year. Management believes that its nonprofit status would be sustained upon examination. Should there be interest on underpayments of income tax, the school would classify it as "interest expense." the school would classify penalties in connection with underpayments of income tax as "other expense."

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12100717
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1399356
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1432017
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY THRU SEPT 2016
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER THRU OCT 2016
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRINCIPAL THRU AUG 2016
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF SCHOOL OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIR OF SCHOOL OPERATIONS THRU AUG 16
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08928324
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02748
IRS990/InformationTechnologyGrp/ProgramServicesAmt0201893
IRS990/InformationTechnologyGrp/TotalAmt0204641
IRS990/InsuranceGrp/ManagementAndGeneralAmt01050
IRS990/InsuranceGrp/ProgramServicesAmt050872
IRS990/InsuranceGrp/TotalAmt051922
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0212
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
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IRS990/LandBldgEquipCostOrOtherBssAmt0276504
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE II (AMS II) ENDEAVORS TO EXTEND EQUALLY TO PROVIDE ALL STUDENTS; REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03523215
IRS990/NetAssetsOrFundBalancesEOYAmt05075753
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08625
IRS990/OfficeExpensesGrp/ProgramServicesAmt0152239
IRS990/OfficeExpensesGrp/TotalAmt0160864
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0482
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt051898
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0412614
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0464512
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01942
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14311
IRS990/OtherExpensesGrp/ProgramServicesAmt0190053
IRS990/OtherExpensesGrp/ProgramServicesAmt192886
IRS990/OtherExpensesGrp/ProgramServicesAmt253228
IRS990/OtherExpensesGrp/ProgramServicesAmt347311
IRS990/OtherExpensesGrp/TotalAmt0190053
IRS990/OtherExpensesGrp/TotalAmt192886
IRS990/OtherExpensesGrp/TotalAmt255170
IRS990/OtherExpensesGrp/TotalAmt351622
IRS990/OtherLiabilitiesGrp/BOYAmt0163549
IRS990/OtherLiabilitiesGrp/EOYAmt0215795
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt048770
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt053918
IRS990/OtherRevenueTotalAmt053918
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0480498
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03785111
IRS990/OtherSalariesAndWagesGrp/TotalAmt04265609
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt049495
IRS990/PayrollTaxesGrp/ProgramServicesAmt0303588
IRS990/PayrollTaxesGrp/TotalAmt0353083
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013509
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0145262
IRS990/PensionPlanContributionsGrp/TotalAmt0158771
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0339712
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0459932
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015065
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02650
IRS990/PrincipalOfficerNm0SPIRIDOULA MANESSIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0STATE AND LOCAL PER PU
IRS990/ProgramServiceRevenueGrp/Desc1FEES FROM GOVERNMENT C
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1671129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08196230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1671129
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0156
IRS990/PYOtherExpensesAmt01930938
IRS990/PYOtherRevenueAmt099975
IRS990/PYProgramServiceRevenueAmt08624559
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IRS990/PYSalariesCompEmpBnftPaidAmt05049547
IRS990/PYTotalExpensesAmt06980485
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08724690
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01552538
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08916129
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075170
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075282
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt053495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0213866
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0267361
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07375786
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09143
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09143
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt072608
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1143187
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO NYC DEPARTMENT OF EDUCATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED ENTITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08928324
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE FEDERAL AND NEW YORK STATE JURISDICTIONS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS FOR FISCAL YEARS BEFORE 2014. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. SHOULD THERE BE INTEREST ON UNDERPAYMENTS OF INCOME TAX, THE SCHOOL WOULD CLASSIFY IT AS "INTEREST EXPENSE." THE SCHOOL WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENTS OF INCOME TAX AS "OTHER EXPENSE."
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt053495
IRS990ScheduleD/TotalExpensesPerForm990Amt07375786
IRS990ScheduleD/TotalLiabilityAmt0215795
IRS990ScheduleD/TotalRevenuePerForm990Amt08928324
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08928324
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07375786
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/ExplanationTxt0THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON ITS WEBSITE.

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