Civic Intelligence

Middle Village Preparatory Charter School

990 • Fiscal year 2025 • EIN 46-1591284

Jul 01, 2024 to Jun 30, 2025 • Filed on Apr 02, 2026

6802 Metropolitan AvenueMiddle Village, NY 11379

(718) 869-2933

Siviq Scores

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

Liabilities / Assets

44th percentile

0.25x

Higher debt load relative to assets than 44% of similar nonprofits.

2025 filings • NTEE B • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

49th percentile

0.59x

Higher debt load relative to revenue than 49% of similar nonprofits.

2025 filings • NTEE B • $25M-$50M nonprofits • Source year 2025

Net Margin

65th percentile

15%

Higher net margin than 65% of similar nonprofits.

2025 filings • NTEE B • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

63rd percentile

$239,848

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2025 filings • NTEE B • $25M-$50M nonprofits • Source year 2025

Asset Growth

49th percentile

2.5%

Faster asset growth than 49% of similar nonprofits.

2025 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

8.1%

Faster revenue growth than 59% of similar nonprofits.

2025 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Up

$28,772,999

Up $703,741 (+2.5%) from 2024

Net Assets

Up

$21,470,108

Up $2,230,161 (+12%) from 2024

Liabilities

Down

$7,302,891

Down $1,526,420 (-17%) from 2024

Revenue

Up

$12,447,422

Up $930,693 (+8.1%) from 2024

Expenses

Up

$10,575,994

Up $941,846 (+9.8%) from 2024

Net Income

Down

$1,871,428

Down $11,153 (-0.6%) from 2024

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2013: $393,447Liabilities 2013: $354,114Net Assets 2013: $39,3332013Assets 2014: $1,062,091Liabilities 2014: $756,777Net Assets 2014: $305,3142014Assets 2015: $1,511,170Liabilities 2015: $716,487Net Assets 2015: $794,6832015Assets 2016: $3,314,710Liabilities 2016: $461,019Net Assets 2016: $2,853,6912016Assets 2017: $5,016,459Liabilities 2017: $371,662Net Assets 2017: $4,644,7972017Assets 2018: $6,472,171Liabilities 2018: $365,351Net Assets 2018: $6,106,8202018Assets 2019: $8,589,666Liabilities 2019: $393,670Net Assets 2019: $8,195,9962019Assets 2020: $10,624,494Liabilities 2020: $394,502Net Assets 2020: $10,229,9922020Assets 2021: $13,720,756Liabilities 2021: $515,508Net Assets 2021: $13,205,2482021Assets 2022: $14,740,509Liabilities 2022: $445,128Net Assets 2022: $14,295,3812022Assets 2023: $28,344,393Liabilities 2023: $11,529,823Net Assets 2023: $16,814,5702023Assets 2024: $28,069,258Liabilities 2024: $8,829,311Net Assets 2024: $19,239,9472024Assets 2025: $28,772,999Liabilities 2025: $7,302,891Net Assets 2025: $21,470,1082025

Highlighted filing

2025

Assets$28,772,999
Liabilities$7,302,891
Net Assets$21,470,108

Operations Trend

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

$15M$10M$5.0M$0Revenue 2013: $266,221Expenses 2013: $226,888Net Income 2013: $39,3332013Revenue 2014: $2,253,642Expenses 2014: $1,987,661Net Income 2014: $265,9812014Revenue 2015: $3,918,606Expenses 2015: $3,429,237Net Income 2015: $489,3692015Revenue 2016: $7,262,187Expenses 2016: $5,203,179Net Income 2016: $2,059,0082016Revenue 2017: $7,287,138Expenses 2017: $5,496,032Net Income 2017: $1,791,1062017Revenue 2018: $7,575,158Expenses 2018: $6,055,189Net Income 2018: $1,519,9692018Revenue 2019: $8,635,388Expenses 2019: $6,613,969Net Income 2019: $2,021,4192019Revenue 2020: $8,774,996Expenses 2020: $6,716,502Net Income 2020: $2,058,4942020Revenue 2021: $8,797,272Expenses 2021: $6,266,271Net Income 2021: $2,531,0012021Revenue 2022: $9,300,714Expenses 2022: $6,762,808Net Income 2022: $2,537,9062022Revenue 2023: $11,111,107Expenses 2023: $8,668,640Net Income 2023: $2,442,4672023Revenue 2024: $11,516,729Expenses 2024: $9,634,148Net Income 2024: $1,882,5812024Revenue 2025: $12,447,422Expenses 2025: $10,575,994Net Income 2025: $1,871,4282025

Highlighted filing

2025

Revenue$12,447,422
Expenses$10,575,994
Net Income$1,871,428
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 2, 2026
Return Version
2024v5.0
Gross Receipts
$23,962,722
Mission and Program Overview

Mission

To prepare students for success at a selective college preparatory school of their choice. The school has a rigorous curriculum designed to meet and surpass the new york state education department requirements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,659,484$10,244,341▼ $415,143
Investments in Publicly Traded Securities$5,409,611$7,498,813▲ $2,089,202
Cash and Non-Interest-Bearing Accounts$2,140,597$2,862,860▲ $722,263
Land, Buildings, and Equipment, Net$688,383$1,360,861▲ $672,478
Pledges and Grants Receivable$130,572$78,457▼ $52,115
Prepaid Expenses and Deferred Charges$412,614$48,290▼ $364,324
Total Assets$28,069,258$28,772,999▲ $703,741
Other Assets Total$8,627,997$6,679,377▼ $1,948,620
Liabilities
Other Liabilities$8,267,898$6,488,200▼ $1,779,698
Accounts Payable and Accrued Expenses$561,413$814,691▲ $253,278
Total Liabilities$8,829,311$7,302,891▼ $1,526,420
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,239,947$21,470,108▲ $2,230,161
Total Net Assets Fund Balance$19,239,947$21,470,108▲ $2,230,161
Total Liabilities and Net Assets / Fund Balance$28,069,258$28,772,999▲ $703,741

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$851,991$1,896,019$2,748,010
Equipment$325,130$1,619,622$1,944,752
Other Land Buildings$183,740$407,441$591,181
Other Assets Org$6,679,377--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christian QuezadaDirector of OperaFT$222,000$17,848$239,848
Christian QuezadaDirector of Operations-$195,000$55,024$239,848
Michele AlloccaAsst PrincipFT$195,333$12,921$208,254
Michele AlloccaAsst Principal-$168,333$53,078$208,254
Mary Rafferty-basilePrincipalFT$165,000$30,012$195,012
Melissa DileonardoSped TeacherFT$108,681-$108,681
Jacqueline CaruanaTheater TeacFT$107,437-$107,437
Jessica FrithAsst PrincipFT$105,888-$105,888
Elizabeth AielloTeacherFT$103,427-$103,427

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Christ The King Continuing EducatioContracted Educ6802 METROPOLITAN AVE, Middle Village, NY 11379$889,236
Magna Core CorpConstruction145-30 29 ROAD, Flushing, NY 11354$276,600
Revenue and Support

Revenue Composition

Contributions and Grants
$2,147,450
Program Service Revenue
$9,537,187
Investment Income
$761,661
Other Revenue
$1,124
All Other Contributions
$36,363
Change in Net Assets
$1,871,428

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,422,309
Revenue Not Reported on Financial Statements
$25,113
Revenue Not Reported on Form 990
$383,846
Total Revenue per Audited Statements
$12,806,155
Total Revenue per Form 990
$12,447,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,799,600
Other Expenses$4,776,394
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,119,595$142,742-$4,262,337
Occupancy$1,719,055$144,552-$1,863,607
Current Officers, Directors, Trustees, and Key Employees$448,240$241,360-$689,600
Depreciation Depletion$370,169$31,127-$401,296
Payroll Taxes$360,248$30,293-$390,541
Insurance$311,540$26,197-$337,737
Pension Plan Contributions$216,789$18,229-$235,018
Other Employee Benefits$204,876$17,228-$222,104
Other Expenses$205,318$8,575-$205,318
Office Expenses$163,376$14,132-$177,508
Advertising$82,516$6,075-$88,591
Fees for Services Accounting-$69,715-$69,715
Information Technology$44,604$3,751-$48,355
All Other Expenses$45,100--$45,100
Fees for Services Other$17,091--$17,091
Fees for Services Legal-$16,552-$16,552
Total Functional Expenses$9,769,514$806,480$0$10,575,994

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,575,994
Expenses per Audited Statements$10,550,881
Total Expenses per Audited Statements$10,550,881
Expenses Not Reported on Financial Statements$25,113
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
Operating Lease Liability$6,488,200
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
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, Page 6, Part VI, Line 11B

The form 990 is prepared by an outside accounting firm and is reviewed by the director of operations/cfo. Once this review is completed, a complete copy of the form 990 is distributed to the board of trustees for review. Any issues raised by any member of the board of trustees are addressed, and once resolved, the form 990 is approved for filing by the chairperson of the board.

Form 990, Page 6, Part VI, Line 12C

The school shall not engage in any related party transaction except as approved by the board. In making such determination, the board must determine if the transaction is fair, reasonable and in the best interest of the school at the time of such determination. If at any time during his or her term of service a related party acquires any financial interest or when a related party has a financial interest, that financial interest or potential related party transaction must be promptly disclosed in writing to each member of the board, together with all material facts known to such person about the financial interest or potential related party transaction. Any related party shall disclose in good faith all material facts of his or her financial interest to the board. All transactions, agreements, or any other arrangements between the school and a related party, and any other transactions which may involve a potential conflict of interest shall be reviewed by the board. All related parties with a financial interest shall leave the room in which such deliberations are conducted. The transaction shall be approved by not less than a majority vote of the board members present and voting at the meeting. No trustee, officer, or key employee shall vote, act, or attempt to influence improperly the deliberations, as applicable, on any matter in which he or she has been determined by the board to have financial interest. Any attempt to vote, act, or improperly influence deliberations by a related party on any matter with which such person has a financial interest may be grounds for removal from the board or termination from the school. The board may delegate to any board committee comprised solely of independent trustees, the adoption, implementation of and compliance with this policy. The board may delegate to such committee review and approval of any related party transaction involving a related party and the school, as contained in this policy; provided that if the related party transaction is of a nature that would otherwise require full board approval, the committee shall submit the related party transaction to the board for consideration, providing its recommendation as to whether or not to approve it. In the event the board delegates the review and approval of related party transactions to a committee, all references to board in this policy shall be deemed to refer to such committee and all references to a majority of the board shall be deemed to refer to a majority of such committee. Each trustee, officer, and key employee shall also annually sign and submit to the secretary of the school a statement which affirms such person: (a) has received a copy of this policy, (b) has read and understands the policy, and (c) has agreed to comply with the policy. Prior to a trustee's initial election to the board, or an officer or key employee's employment at the school, and thereafter on an annual basis, all trustees, officers and key employees shall disclose in writing any potential conflicts. The minutes shall be documented contemporaneously to the decision and discussion regarding the financial interest and/or conflict of interest.

Form 990, Page 6, Part VI, Line 15A

The board of trustees, at the end of each school year, evaluates performance reviews for top officials. They then agree to salary increases and performance awards. The board is presented with comparable salaries and performance data of similar organizations to assist in the decision making. The deliberations are contemporaneously documented and records are kept.

Form 990, Page 6, Part VI, Line 15B

The board of trustees, at the end of each school year, evaluates performance reviews for the officers. They then agree to salary increases and performance awards. The board is presented with comparable salaries and performance data of similar organizations to assist in the decision making. The deliberations are contemporaneously documented and records are kept.

Form 990, Page 6, Part VI, Line 19

The form 990 is available for public inspection as required under section 6104 of the internal revenue service code. The return is posted on guidestar.org and other similar websites. The financial statements, conflict of interest policy, articles of incorporation, and by-laws are available upon request.

Filing and Contact Details

Filer

Filer Name
Middle Village Preparatory
EIN
46-1591284
Phone
7188692933
Address
6802 METROPOLITAN AVENUE, MIDDLE VILLAGE, NY 11379

Signing Officer

Name
Josephine Lume
Title
Chairperson
Phone
7188692933
Signed
2026-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josephine Lume
Formed
2013
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
68
Volunteers
9

Preparer

Firm
VARGAS & RIVERA CPA'S LLP
Address
PO BOX 182, ROCK TAVERN, NY 12575
Preparer
Luis C Rivera
Phone
8456383113
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The school recognizes the effect of income tax positions only when they are more likely than not to be sustained. Management has determined that the school had no uncertain tax positions that would require financial statement recognition or disclosure. The school is no longer subject to examinations by the applicable taxing authorities for the years prior to june 30, 2022.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4THEATER TEAC
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IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIRPERSON
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IRS990/MissionDesc0TO PREPARE STUDENTS FOR SUCCESS AT A SELECTIVE COLLEGE PREPARATORY SCHOOL OF THEIR CHOICE. THE SCHOOL HAS A RIGOROUS CURRICULUM DESIGNED TO MEET AND SURPASS THE NEW YORK STATE EDUCATION DEPARTMENT REQUIREMENTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL EDUCATION: THE SCHOOL'S SPECIAL EDUCATION TEAM SUPPORTS STUDENTS WHO HAVE AN INDIVIDUAL EDUCATION PLAN ("IEP") BUT ALSO SUPPORTS ALL STUDENTS IN THE CLASSROOMS. IN THE INTEGRATED CO-TEACHING SETTING, STUDENTS RECEIVE SMALL GROUP INSTRUCTION AND SCAFFOLD SUPPORT FOR ALL ASSIGNMENTS, TEST/QUIZZES, HOMEWORK, AND PROJECTS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING AUTHORITIES FOR THE YEARS PRIOR TO JUNE 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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