Civic Intelligence

Edceptional Inc.

990 • Fiscal year 2020 • EIN 45-5281198

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 17, 2021

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

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Net Margin

65th percentile

20%

Higher net margin than 65% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Asset Growth

63rd percentile

24%

Faster asset growth than 63% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-51%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$451,977

Up $86,057 (+24%) from 2019

Net Assets

Up

$448,364

Up $95,242 (+27%) from 2019

Liabilities

Down

$3,613

Down $9,185 (-72%) from 2019

Revenue

Down

$487,592

Down $517,732 (-51%) from 2019

Expenses

Down

$392,350

Down $426,144 (-52%) from 2019

Net Income

Down

$95,242

Down $91,588 (-49%) 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 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

2020

Assets$451,977
Liabilities$3,613
Net Assets$448,364

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 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

2020

Revenue$487,592
Expenses$392,350
Net Income$95,242
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 17, 2021
Return Version
2020v4.1
Gross Receipts
$487,592
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
Cash and Non-Interest-Bearing Accounts$365,720$450,077▲ $84,357
Prepaid Expenses and Deferred Charges-$1,900-
Accounts Receivable$200--
Land, Buildings, and Equipment, Net-$0-
Total Assets$365,920$451,977▲ $86,057
Liabilities
Accounts Payable and Accrued Expenses$12,798$3,613▼ $9,185
Total Liabilities$12,798$3,613▼ $9,185
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$339,827$403,364▲ $63,537
Net Assets With Donor Restrictions$13,295$45,000▲ $31,705
Total Net Assets Fund Balance$353,122$448,364▲ $95,242
Total Liabilities and Net Assets / Fund Balance$365,920$451,977▲ $86,057

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Equipment$0--
Leasehold Improvements$0--
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$486,056
Program Service Revenue
$0
Investment Income
$1,211
Other Revenue
$325
All Other Contributions
$383,730
Change in Net Assets
$95,242

Audited Revenue Reconciliation

Revenue per Audited Statements
$487,592
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,200
Total Revenue per Audited Statements
$503,792
Total Revenue per Form 990
$487,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$248,194
Salaries, Compensation, and Employee Benefits$78,991
Grants and Similar Amounts Paid$65,165
Total Fundraising Expense$23,011
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$65,165--$65,165
Other Salaries and Wages$6,797$31,615$20,103$58,515
Other Employee Benefits-$15,646-$15,646
Office Expenses$2,492$6,850$1,128$10,470
Fees for Services Accounting$437$5,715$48$6,200
Occupancy-$5,022-$5,022
Payroll Taxes$561$2,610$1,659$4,830
Fees for Services Other$260$3,408$29$3,697
Insurance-$933-$933
Fees for Services Legal$53$691$6$750
Travel$215$54-$269
Other Expenses$220,690$125$38$125
Total Functional Expenses$296,670$72,669$23,011$392,350

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$408,550
Expenses per Audited Statements$392,350
Total Expenses per Form 990$392,350
Expenses Not Reported on Form 990$16,200
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Vertus Charter SchoolRochester, NY-Education$65,000
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
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
No
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
J Theodore Smith
Title
Treasurer
Phone
5854919700
Signed
2021-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Theodore Smith
Formed
2012
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
2
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

E3 was created to help expand the number of high-quality k - 12 public education seats for all low-income children living in the city of rochester, ny, regardless of school type charter or district. The mission includes strengthening and growing the charter school sector in rochester and supporting charter schools that have the leadership and model needed to be successful. E3 supports all local charter schools by operating a charter school application and information web site (goodschoolsroc.org) where parents can view all rochester area charter schools and apply to those of their choice. E3 also facilitates collaboration among the rochester charter schools. E3 works with a wide range of community organizations and foundations to increase awareness of and the need for quality school options in rochester.

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

E3 was created to help expand the number of high-quality k - 12 public education seats for all low-income children living in the city of rochester, ny, regardless of school type charter or district. The mission includes strengthening and growing the charter school sector in rochester and supporting charter schools that have the leadership and model needed to be successful. E3 supports all local charter schools by operating a charter school application and information web site (goodschoolsroc.org) where parents can view all rochester area charter schools and apply to those of their choice. E3 also facilitates collaboration among the rochester charter schools. E3 works with a wide range of community organizations and foundations to increase awareness of and the need for quality school options in rochester.

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/OccupancyGrp/TotalAmt05022
IRS990/OfficeExpensesGrp/FundraisingAmt01128
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06850
IRS990/OfficeExpensesGrp/ProgramServicesAmt02492
IRS990/OfficeExpensesGrp/TotalAmt010470
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015646
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015646
IRS990/OtherExpensesGrp/Desc0COMMUNITY RELATIONS
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt038
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0125
IRS990/OtherExpensesGrp/ProgramServicesAmt0220690
IRS990/OtherExpensesGrp/TotalAmt0220728
IRS990/OtherExpensesGrp/TotalAmt1125
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0325
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0325
IRS990/OtherRevenueTotalAmt0325
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt020103
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031615
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06797
IRS990/OtherSalariesAndWagesGrp/TotalAmt058515
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01659
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02610
IRS990/PayrollTaxesGrp/ProgramServicesAmt0561
IRS990/PayrollTaxesGrp/TotalAmt04830
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01900
IRS990/PrincipalOfficerNm0J THEODORE SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02920210
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt050000
IRS990/PYInvestmentIncomeAmt0-2265436
IRS990/PYOtherExpensesAmt0672282
IRS990/PYOtherRevenueAmt0550
IRS990/PYProgramServiceRevenueAmt0350000
IRS990/PYRevenuesLessExpensesAmt0186830
IRS990/PYSalariesCompEmpBnftPaidAmt096212
IRS990/PYTotalExpensesAmt0818494
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01005324
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt095242
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt04500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt09300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0124050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt012300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0100830
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0250980
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0486056
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02920210
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0667437
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0684944
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0925590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05684237
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01211
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01225
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0362
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0325
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0350000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0703488
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0593442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0306935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01954190
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01211
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01225
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0163
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02969
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.69730
IRS990ScheduleA/PublicSupportPY509Pct00.72290
IRS990ScheduleA/PublicSupportTotal509Amt05328317
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0464500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0586586
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0310341
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0553515
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0395168
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt02310110
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0460000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0577286
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0186291
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0541215
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0294338
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt02059130
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0486381
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03270210
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01370925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01278386
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01232525
IRS990ScheduleA/Total509Grp/TotalAmt07638427
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0487592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03271435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01370933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01278549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01232887
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07641396
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/BookValueAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt016200
IRS990ScheduleD/DonatedServicesUseFcltsAmt016200
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/ExpensesNotReportedAmt016200
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0392350
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt016200
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0487592
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0392350
IRS990ScheduleD/TotalRevenuePerForm990Amt0487592
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0503792
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0408550
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt065000
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
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0E3 WAS CREATED TO HELP EXPAND THE NUMBER OF HIGH-QUALITY K - 12 PUBLIC EDUCATION SEATS FOR ALL LOW-INCOME CHILDREN LIVING IN THE CITY OF ROCHESTER, NY, REGARDLESS OF SCHOOL TYPE CHARTER OR DISTRICT. THE MISSION INCLUDES STRENGTHENING AND GROWING THE CHARTER SCHOOL SECTOR IN ROCHESTER AND SUPPORTING CHARTER SCHOOLS THAT HAVE THE LEADERSHIP AND MODEL NEEDED TO BE SUCCESSFUL. E3 SUPPORTS ALL LOCAL CHARTER SCHOOLS BY OPERATING A CHARTER SCHOOL APPLICATION AND INFORMATION WEB SITE (GOODSCHOOLSROC.ORG) WHERE PARENTS CAN VIEW ALL ROCHESTER AREA CHARTER SCHOOLS AND APPLY TO THOSE OF THEIR CHOICE. E3 ALSO FACILITATES COLLABORATION AMONG THE ROCHESTER CHARTER SCHOOLS. E3 WORKS WITH A WIDE RANGE OF COMMUNITY ORGANIZATIONS AND FOUNDATIONS TO INCREASE AWARENESS OF AND THE NEED FOR QUALITY SCHOOL OPTIONS IN ROCHESTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1E3 WAS CREATED TO HELP EXPAND THE NUMBER OF HIGH-QUALITY K - 12 PUBLIC EDUCATION SEATS FOR ALL LOW-INCOME CHILDREN LIVING IN THE CITY OF ROCHESTER, NY, REGARDLESS OF SCHOOL TYPE CHARTER OR DISTRICT. THE MISSION INCLUDES STRENGTHENING AND GROWING THE CHARTER SCHOOL SECTOR IN ROCHESTER AND SUPPORTING CHARTER SCHOOLS THAT HAVE THE LEADERSHIP AND MODEL NEEDED TO BE SUCCESSFUL. E3 SUPPORTS ALL LOCAL CHARTER SCHOOLS BY OPERATING A CHARTER SCHOOL APPLICATION AND INFORMATION WEB SITE (GOODSCHOOLSROC.ORG) WHERE PARENTS CAN VIEW ALL ROCHESTER AREA CHARTER SCHOOLS AND APPLY TO THOSE OF THEIR CHOICE. E3 ALSO FACILITATES COLLABORATION AMONG THE ROCHESTER CHARTER SCHOOLS. E3 WORKS WITH A WIDE RANGE OF COMMUNITY ORGANIZATIONS AND FOUNDATIONS TO INCREASE AWARENESS OF AND THE NEED FOR QUALITY SCHOOL OPTIONS IN ROCHESTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A. 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WILL BE REVIEWED BY THE CHAIRMAN AND EXECUTIVE DIRECTOR AND PRESENTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4E3 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE OVERSIGHT PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 1 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PARR III LINE 1 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 3, PART III, LINE 4C - PROGRAM SERVICE ACCOMPLISHMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 12, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

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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
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.49$0.39$0.10
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