Civic Intelligence

Edceptional Inc.

990 • Fiscal year 2019 • EIN 45-5281198

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 01, 2020

255 East Avenue - Suite 310Rochester, NY 14604

(585) 491-9700

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.03x

Higher debt load relative to assets than 22% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Net Margin

83rd percentile

19%

Higher net margin than 83% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Asset Growth

1st percentile

-96%

Faster asset growth than 1% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-26%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Flat

$365,920

Flat from 2019

Net Assets

Flat

$353,122

Flat from 2019

Liabilities

Flat

$12,798

Flat from 2019

Revenue

Flat

$1,005,324

Flat from 2019

Expenses

Flat

$818,494

Flat from 2019

Net Income

Flat

$186,830

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2012: $6,732Liabilities 2012: $02012Assets 2013: $486,661Liabilities 2013: $703,051Net Assets 2013: -$216,3902013Assets 2014: $3,103,551Liabilities 2014: $3,357,085Net Assets 2014: -$253,5342014Assets 2015: $3,692,077Liabilities 2015: $4,038,570Net Assets 2015: -$346,4932015Assets 2016: $8,987,436Liabilities 2016: $8,742,603Net Assets 2016: $244,8332016Assets 2017: $8,390,338Liabilities 2017: $8,482,447Net Assets 2017: -$92,1092017Assets 2018: $8,312,798Liabilities 2018: $8,146,506Net Assets 2018: $166,2922018Assets 2019: $365,920Liabilities 2019: $12,798Net Assets 2019: $353,1222019Assets 2019: $365,920Liabilities 2019: $12,798Net Assets 2019: $353,1222019Assets 2020: $451,977Liabilities 2020: $3,613Net Assets 2020: $448,3642020Assets 2021: $520,988Liabilities 2021: $9,187Net Assets 2021: $511,8012021Assets 2022: $577,479Liabilities 2022: $11,501Net Assets 2022: $565,9782022Assets 2023: $526,059Liabilities 2023: $83,190Net Assets 2023: $442,8692023Assets 2024: $501,430Liabilities 2024: $67,465Net Assets 2024: $433,9652024

Highlighted filing

2019

Assets$365,920
Liabilities$12,798
Net Assets$353,122

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $61,919Expenses 2012: $55,187Net Income 2012: $6,7322012Revenue 2013: $231,194Expenses 2013: $454,316Net Income 2013: -$223,1222013Revenue 2014: $732,030Expenses 2014: $769,174Net Income 2014: -$37,1442014Revenue 2015: $431,505Expenses 2015: $524,464Net Income 2015: -$92,9592015Revenue 2016: $1,232,887Expenses 2016: $816,701Net Income 2016: $416,1862016Revenue 2017: $1,278,549Expenses 2017: $1,634,040Net Income 2017: -$355,4912017Revenue 2018: $1,353,278Expenses 2018: $1,094,877Net Income 2018: $258,4012018Revenue 2019: $1,005,324Expenses 2019: $818,494Net Income 2019: $186,8302019Revenue 2019: $1,005,324Expenses 2019: $818,494Net Income 2019: $186,8302019Revenue 2020: $487,592Expenses 2020: $392,350Net Income 2020: $95,2422020Revenue 2021: $453,938Expenses 2021: $390,501Net Income 2021: $63,4372021Revenue 2022: $482,973Expenses 2022: $428,796Net Income 2022: $54,1772022Revenue 2023: $553,813Expenses 2023: $676,922Net Income 2023: -$123,1092023Revenue 2024: $752,480Expenses 2024: $761,384Net Income 2024: -$8,9042024

Highlighted filing

2019

Revenue$1,005,324
Expenses$818,494
Net Income$186,830
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 1, 2020
Return Version
2019v5.1
Gross Receipts
$8,763,153
Mission and Program Overview

Mission

E3 Rochester Inc. was created to help expand the number of high quality K-12 education seats for low income children living in the city of Rochester by recruiting some of the nations best charter operators to open schools here. In carrying out this mission, we have supported the opening of two schools (PUC Achieve Charter School and Vertus Charter School) and have recruited two more high performance charter operations to apply for charters to open schools in 2016. Once charter operators are recruited, we work to minimize the three challenges they face getting started: (1) funding to cover start-up expenses prior to reaching full enrollment and full funding; (2) locating suitable buildings and assisting with financing, (3) community and political support.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,909,627$0▼ $7,909,627
Cash and Non-Interest-Bearing Accounts$402,591$365,720▼ $36,871
Loans From Officers Directors$141,579--
Accounts Receivable$580$200▼ $380
Total Assets$8,312,798$365,920▼ $7,946,878
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,932,017--
Accounts Payable and Accrued Expenses$72,910$12,798▼ $60,112
Total Liabilities$8,146,506$12,798▼ $8,133,708
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-88,274$339,827▲ $428,101
Net Assets With Donor Restrictions$254,566$13,295▼ $241,271
Total Net Assets Fund Balance$166,292$353,122▲ $186,830
Total Liabilities and Net Assets / Fund Balance$8,312,798$365,920▼ $7,946,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,628,922$910,848$7,539,770
Land$783,255-$783,255
Other Land Buildings$42,023$86,253$128,276
Compensation and Service Providers

Board Members and Trustees

NameTitle
James BrushChairman
Dale TwardokusVice Chair
Adrian HaleBoard Member
Carlos CarballadaBoard Member
Isobel GoldmanBoard Member
Kathleen MuscatoBoard Member
Rev Sebrone JohnsonBoard Member
Richard CarleyBoard Member
Richard KaplanBoard Member
Stacey ShellsBoard Member
Bryan HickmanExecutive Director
Meghan SchubmehlSecretary
Theodore SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,920,210
Program Service Revenue
$350,000
Investment Income
$-2,265,436
Other Revenue
$550
All Other Contributions
$2,704,046
Change in Net Assets
$186,830

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$2,374,724Fair Market Value (FMV)
Total Noncash Contributions2$2,374,724-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$672,282
Salaries, Compensation, and Employee Benefits$96,212
Grants and Similar Amounts Paid$50,000
Total Fundraising Expense$27,198
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$167,112--$167,112
Depreciation Depletion$151,798--$151,798
Other Salaries and Wages$16,264$38,682$24,210$79,156
Grants to Domestic Orgs$50,000--$50,000
Occupancy$11,714$11,823-$23,537
Fees for Services Legal$16,147$6,181-$22,328
Other Employee Benefits-$11,079-$11,079
Office Expenses$3,580$5,339$1,160$10,079
Fees for Services Accounting$6,104$2,336-$8,440
Insurance$5,348$1,413-$6,761
Payroll Taxes$1,228$2,921$1,828$5,977
Fees for Services Other$2,692$1,031-$3,723
Travel$1,081$481-$1,562
Other Expenses$188$2,675-$188
Total Functional Expenses$707,233$84,063$27,198$818,494
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Vertus Charter SchoolRochester, NY-Education$50,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$141,579--
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 will be reviewed by the chairman and executive director and presented to the board of directors.

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

E3 rochester, inc. Annually requires board members to update and sign conflict of interest statements. E3's board secretary reviews all conflicts of interest and brings any issues to the board of directors as needed based on that review.

Form 990, Part VI, Section C, Line 19

The governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
E3 Rochester Inc
EIN
45-5281198
Phone
5854919700
Address
255 EAST AVENUE - SUITE 310, ROCHESTER, NY 14604

Signing Officer

Name
Dale Twardokus
Title
Vice Chair
Phone
5854919700
Signed
2020-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Twardokus
Formed
2012
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
11
Employees
3
Volunteers
11

Preparer

Firm
Rdg Partners Cpas Pllc
Address
69B MONROE AVENUE, PITTSFORD, NY 14534-1321
Preparer
Lori Jansen CPA
Phone
5856732600
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 1, PART I, LINE 1 - ORGANIZATION'S MISSION

The mission of e3 rochester is assist our community in developing a system of schools through citizen and community action that puts families in charge of choosing their child's education. We do this by supporting the establishment, growth and improving the performance of charter schools to demonstrate that low income urban children can be brought to success at scale. E3 works with a wide range of community organizations and foundations to increase awareness of the need for meaningful educational reform and the fact that citizen action can have a direct and immediate impact by providing good choices in a charter school sector now serving 20% of the public school students in the city and growing.

FORM 990, PAGE 2, PARR III LINE 1 - ORGANIZATION'S MISSION

The mission of e3 rochester is assist our community in developing a system of schools through citizen and community action that puts families in charge of choosing their child's education. We do this by supporting the establishment, growth and improving the performance of charter schools to demonstrate that low income urban children can be brought to success at scale. E3 works with a wide range of community organizations and foundations to increase awareness of the need for meaningful educational reform and the fact that citizen action can have a direct and immediate impact by providing good choices in a charter school sector now serving 20% of the public school students in the city and growing.

Form 990, Page 3, Part III, Line 4C - Program Service Accomplishment

A. E3 rochester operates, maintains, and promotes a website, goodschoolsroc.org, that provides a portal for city parents to view and learn about 19 charter school locations in rochester and then submit a single on-line application to one or more schools of their choice. This has resulted in a substantial increase in applications to charter schools while leading the charter schools to work more closely together on common issues and raise the visibility of charter schools as a substantial part of rochester's educational landscape. B. E3 rochester continued to support the growth and success of vertus charter school, a high school for boys. This school has pioneered a new approach for serving young men from impoverished urban settings by putting them in teams led by full time, paid mentors who explicitly teach character traits needed for success, model those behaviors, and provide the caring, encouragement and goal setting they need to complete their educations. Instruction consists of a combination of traditional classroom teaching and self-paced online course in learning labs where students can master subjects at their own pace. The result has been that students who struggled academically at other schools have achieved almost two years of learning per year. C. E3 rochester previously constructed a middle school campus in an impoverished neighborhood of the northeast quadrant of the city, helping to spark a widespread neighborhood renewal. While the charter school located in this building closed at the end of june 2019, the campus has been sold to uncommon schools, and will be eventually be rochester prep high school serving 900 students. D. E3 rochester continues to extend its community outreach to give city parents the means to influence and access the educational choices available to their children. E3 also assists charter schools in finding board members, information and resources for their school operations. E3 stands ready to assist district schools as well, if and when they indicate an interest in collaboration with charter schools. F. E3 is encouraging partnerships and alliances among key business leaders and community initiatives to address rochester's urgent need to vastly improve educational opportunities and outcomes for its children. If rochester is ever to gain the status of a world class city, it must have a world class educational system, possible only if community leaders collaborate to address the issue.

Form 990, Page 12, Line 2C

The oversight process did not change from the prior year.

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IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01413
IRS990/InsuranceGrp/ProgramServicesAmt05348
IRS990/InsuranceGrp/TotalAmt06761
IRS990/InterestGrp/ProgramServicesAmt0167112
IRS990/InterestGrp/TotalAmt0167112
IRS990/InvestmentIncomeGrp/ExclusionAmt01225
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01225
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07909627
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt07757829
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0141579
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07932017
IRS990/NetAssetsOrFundBalancesBOYAmt0166292
IRS990/NetAssetsOrFundBalancesEOYAmt0353122
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2266661
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2266661
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-88274
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0339827
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt02374724
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt011823
IRS990/OccupancyGrp/ProgramServicesAmt011714
IRS990/OccupancyGrp/TotalAmt023537
IRS990/OfficeExpensesGrp/FundraisingAmt01160
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05339
IRS990/OfficeExpensesGrp/ProgramServicesAmt03580
IRS990/OfficeExpensesGrp/TotalAmt010079
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011079
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011079
IRS990/OtherExpensesGrp/Desc0COMMUNITY RELATIONS
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2STUDENT RECRUITMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0102
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12675
IRS990/OtherExpensesGrp/ProgramServicesAmt0273977
IRS990/OtherExpensesGrp/ProgramServicesAmt1188
IRS990/OtherExpensesGrp/TotalAmt0274079
IRS990/OtherExpensesGrp/TotalAmt12675
IRS990/OtherExpensesGrp/TotalAmt2188
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0550
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0550
IRS990/OtherRevenueTotalAmt0550
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt024210
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038682
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016264
IRS990/OtherSalariesAndWagesGrp/TotalAmt079156
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01828
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02921
IRS990/PayrollTaxesGrp/ProgramServicesAmt01228
IRS990/PayrollTaxesGrp/TotalAmt05977
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DALE TWARDOKUS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900002
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0350000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0350000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0649782
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt066000
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt0916875
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0703488
IRS990/PYRevenuesLessExpensesAmt0258401
IRS990/PYSalariesCompEmpBnftPaidAmt0112002
IRS990/PYTotalExpensesAmt01094877
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01353278
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0186830
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0350550
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt09300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0124050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt012300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0100830
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt089268
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0335748
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02920210
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0667437
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0684944
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0925590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0261505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05459686
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01225
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0362
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01758
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0350000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0703488
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0593442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0306935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0170000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02123865
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01225
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0163
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01758
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72290
IRS990ScheduleA/PublicSupportPY509Pct00.67370
IRS990ScheduleA/PublicSupportTotal509Amt05483673
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0586586
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0310341
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0553515
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0395168
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0254268
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt02099878
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0577286
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0186291
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0541215
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0294338
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0165000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01764130
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03270210
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01370925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01278386
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01232525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0431505
IRS990ScheduleA/Total509Grp/TotalAmt07583551
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03271435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01370933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01278549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01232887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0431505
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07585309
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/BuildingsGrp/BookValueAmt06628922
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0910848
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07539770
IRS990ScheduleD/LandGrp/BookValueAmt0783255
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0783255
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042023
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt086253
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0128276
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07454200
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VERTUS CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0464366962
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt021 HUMBOLDT STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd014609
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION AWARDS GRANTS WHEN DOING SO IMPROVES EITHER THE NUMBER, QUALITY OR ACCESSIBILITY OF K-12 EDUCATION FOR CHILDREN LIVING IN ROCHESTER, NY. DOCUMENTATION SUPPORTING THE GRANT AWARD IS OBTAINED FROM EACH GRANTEE AND IS MAINTAINED BY THE ORGANIZATION.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.07$0.43$0.75$0.76$0.01
2023Summary only. Only limited summary data is available for this year.$0.53$0.08$0.44$0.55$0.68$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.01$0.57$0.48$0.43$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.01$0.51$0.45$0.39$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$0.49$0.39$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.35$1.01$0.82$0.19
2019Summary only. Only limited summary data is available for this year.$0.37$0.01$0.35$1.01$0.82$0.19
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.31$8.15$0.17$1.35$1.09$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.39$8.48$0.09$1.28$1.63$0.36
2016Summary only. Only limited summary data is available for this year.$8.99$8.74$0.24$1.23$0.82$0.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$4.04$0.35$0.43$0.52$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.10$3.36$0.25$0.73$0.77$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.49$0.70$0.22$0.23$0.45$0.22
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.06$0.06$0.01