Civic Intelligence

Unity Preparatory Charter School of Brooklyn

990 • Fiscal year 2016 • EIN 46-1540346

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 04, 2016

432 Monroe StreetBrooklyn, NY 11221

(718) 455-5046

Siviq Scores

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

Liabilities / Assets

54th percentile

0.21x

Higher debt load relative to assets than 54% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

23rd percentile

0.05x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

59th percentile

4.7%

Higher net margin than 59% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

90th percentile

34%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

31%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,303,755

Up $331,852 (+34%) from 2015

Net Assets

Up

$1,024,485

Up $240,140 (+31%) from 2015

Liabilities

Up

$279,270

Up $91,712 (+49%) from 2015

Revenue

Up

$5,097,365

Up $1,213,563 (+31%) from 2015

Expenses

Up

$4,857,225

Up $1,367,841 (+39%) from 2015

Net Income

Down

$240,140

Down $154,278 (-39%) from 2015

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2014: $514,680Liabilities 2014: $124,753Net Assets 2014: $389,9272014Assets 2015: $971,903Liabilities 2015: $187,558Net Assets 2015: $784,3452015Assets 2016: $1,303,755Liabilities 2016: $279,270Net Assets 2016: $1,024,4852016Assets 2017: $1,667,016Liabilities 2017: $414,153Net Assets 2017: $1,252,8632017Assets 2018: $2,189,372Liabilities 2018: $488,446Net Assets 2018: $1,700,9262018Assets 2019: $2,509,446Liabilities 2019: $1,256,355Net Assets 2019: $1,253,0912019Assets 2020: $4,806,097Liabilities 2020: $3,123,442Net Assets 2020: $1,682,6552020Assets 2021: $5,322,297Liabilities 2021: $3,436,624Net Assets 2021: $1,885,6732021Assets 2022: $5,222,726Liabilities 2022: $2,060,657Net Assets 2022: $3,162,0692022Assets 2024: $62,793,237Liabilities 2024: $59,113,875Net Assets 2024: $3,679,3622024

Highlighted filing

2016

Assets$1,303,755
Liabilities$279,270
Net Assets$1,024,485

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2014: $2,530,203Expenses 2014: $2,224,724Net Income 2014: $305,4792014Revenue 2015: $3,883,802Expenses 2015: $3,489,384Net Income 2015: $394,4182015Revenue 2016: $5,097,365Expenses 2016: $4,857,225Net Income 2016: $240,1402016Revenue 2017: $6,849,074Expenses 2017: $6,620,696Net Income 2017: $228,3782017Revenue 2018: $8,892,723Expenses 2018: $8,444,660Net Income 2018: $448,0632018Revenue 2019: $11,104,416Expenses 2019: $11,552,251Net Income 2019: -$447,8352019Revenue 2020: $12,163,682Expenses 2020: $11,734,118Net Income 2020: $429,5642020Revenue 2021: $12,471,731Expenses 2021: $12,268,713Net Income 2021: $203,0182021Revenue 2022: $15,015,060Expenses 2022: $13,738,664Net Income 2022: $1,276,3962022Revenue 2024: $16,530,740Expenses 2024: $16,026,936Net Income 2024: $503,8042024

Highlighted filing

2016

Revenue$5,097,365
Expenses$4,857,225
Net Income$240,140
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 4, 2016
Return Version
2015v2.1
Gross Receipts
$5,097,365
Mission and Program Overview

Mission

The mission of unity preparatory charter school of brooklyn is to empower students as scholars and citizens so they may lead fulfilling academic, personal, and professional lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$675,555$783,941▲ $108,386
Land, Buildings, and Equipment, Net$193,819$238,493▲ $44,674
Accounts Receivable$85,690$143,284▲ $57,594
Savings and Temporary Cash Investments-$75,104-
Prepaid Expenses and Deferred Charges$16,839$62,933▲ $46,094
Total Assets$971,903$1,303,755▲ $331,852
Liabilities
Accounts Payable and Accrued Expenses$185,092$271,790▲ $86,698
Deferred Revenue$2,466$7,480▲ $5,014
Total Liabilities$187,558$279,270▲ $91,712
Net Assets / Fund Balance
Unrestricted Net Assets$784,345$1,024,485▲ $240,140
Total Net Assets Fund Balance$784,345$1,024,485▲ $240,140
Total Liabilities and Net Assets / Fund Balance$971,903$1,303,755▲ $331,852

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$146,689$181,720$328,409
Leasehold Improvements$58,258$15,522$73,780
Other Land Buildings$33,546$16,181$49,727
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh BeauregardHead of SchoolFT$101,528$16,745$118,273
Eric GonzalezDirector of OperationsFT$90,460$7,571$98,031

Board Members and Trustees

NameTitle
James EllsworthBoard Chair Effective 5/1/16
Richard PollackBoard Chair/trustee Through 5/1/16
Carlyle LeachVice Chair
Caleb Hurst-hillerTrustee
Franklin AmooTrustee
Jake ElghanayanTrustee
Marion LeydierTrustee
Ashley CottonSecretary
Kabir AhujaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter School Business ManagementFinancial Services237 WEST 35TH STREET SUITE 301, New York, NY 10001$116,256
Revenue and Support

Revenue Composition

Contributions and Grants
$199,374
Program Service Revenue
$4,897,678
Investment Income
$48
Other Revenue
$265
All Other Contributions
$1,099
Change in Net Assets
$240,140

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,097,365
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,097,365
Total Revenue per Form 990
$5,097,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,916,888
Other Expenses$940,337
Total Fundraising Expense$27,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,052,069$49,683$6,210$3,107,962
Other Employee Benefits$286,240$16,797$1,968$305,005
Payroll Taxes$252,994$14,847$1,740$269,581
Current Officers, Directors, Trustees, and Key Employees$84,579$134,397$15,364$234,340
Fees for Services Other$162,550$13,556$850$176,956
Fees for Services Accounting-$144,900-$144,900
Depreciation Depletion$90,973$5,338$625$96,936
Information Technology$42,333$2,484$291$45,108
Office Expenses$38,739$2,274$266$41,279
Insurance$37,379$2,194$257$39,830
Advertising$33,648$1,141$134$34,923
Other Expenses$6,613$122$14$6,749
All Other Expenses$906$53$6$965
Total Functional Expenses$4,439,077$390,171$27,977$4,857,225

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,857,225
Total Expenses per Audited Statements$4,857,225
Total Expenses per Form 990$4,857,225
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 A, Line 2

Richard pollack, board chair, and marion leydier, trustee, are partners in the law firm sullivan & cromwell llp.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the board of directors, approved and filed.

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

The organization shares its conflict of interest policy with board members and officers as part of their regular meetings. Officers, directors and key employees are expected to declare if at any point a conflict of interest exists.

Form 990, Part VI, Section B, Line 15

Comparable data is used by the board when determining the compensation of officers and key employees.

Form 990, Part VI, Section C, Line 19

Upon request and on www.guidestar.org, the organization makes available to the public its governing documents, conflict of interest policy and financial statements.

Filing and Contact Details

Filer

Filer Name
Unity Preparatory Charter School
EIN
46-1540346
Phone
7184555046
Address
432 MONROE STREET, BROOKLYN, NY 11221

Signing Officer

Name
Joshua Beauregard
Title
Head of School
Phone
7184555046
Signed
2016-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Beauregard
Formed
2012
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
67
Volunteers
9

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process is consistent with the prior year

Raw XML AppendixShowing 400 of 501 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/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt049683
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IRS990/OtherSalariesAndWagesGrp/TotalAmt03107962
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01740
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014847
IRS990/PayrollTaxesGrp/ProgramServicesAmt0252994
IRS990/PayrollTaxesGrp/TotalAmt0269581
IRS990/PoliticalCampaignActyInd00
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IRS990/PYTotalExpensesAmt03489384
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
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IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL INCLUDES A NONDISCRIMINATORY POLICY IN ITS PUBLICATION MATERIAL USED TO INFORM THE LOCAL COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A FREE PUBLIC SCHOOL AND DOES NOT AWARD SCHOLARSHIPS OR FINANCIAL ASSISTANCE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2FEDERAL AND STATE GRANTS RECEIVED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RICHARD POLLACK, BOARD CHAIR, AND MARION LEYDIER, TRUSTEE, ARE PARTNERS IN THE LAW FIRM SULLIVAN & CROMWELL LLP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS, APPROVED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS AND OFFICERS AS PART OF THEIR REGULAR MEETINGS. OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPARABLE DATA IS USED BY THE BOARD WHEN DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST AND ON WWW.GUIDESTAR.ORG, THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS IS CONSISTENT WITH THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0UNITY PREPARATORY CHARTER SCHOOL OF BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FRIENDS OF NORTHWEST BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0454593271
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY

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