Civic Intelligence

Central Brooklyn Ascend Charter School

990 • Fiscal year 2016 • EIN 46-1745205

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

Organization ProfileWWW.ASCENDLEARNING.ORG
465 East 29th StreetBrooklyn, NY 11226

(347) 713-0100

Siviq Scores

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

Liabilities / Assets

88th percentile

0.83x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.54x

Higher debt load relative to revenue than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

37th percentile

-1.4%

Higher net margin than 37% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

81st percentile

$138,021

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

96th percentile

121%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

45%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$3,185,018

Up $1,746,376 (+121%) from 2015

Net Assets

Down

$548,669

Down $66,280 (-11%) from 2015

Liabilities

Up

$2,636,349

Up $1,812,656 (+220%) from 2015

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin37th percentile

Revenue

Up

$4,896,981

Up $1,524,765 (+45%) from 2015

Expenses

Up

$4,963,261

Up $2,205,994 (+80%) from 2015

Net Income

Down

-$66,280

Down $681,229 (-111%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $1,438,642Liabilities 2015: $823,693Net Assets 2015: $614,9492015Assets 2016: $3,185,018Liabilities 2016: $2,636,349Net Assets 2016: $548,6692016

Highlighted filing

2016

Assets$3,185,018
Liabilities$2,636,349
Net Assets$548,669
Open 2016 Filing

Operations Trend

Revenue Growth88th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $3,372,216Expenses 2015: $2,757,267Net Income 2015: $614,9492015Revenue 2016: $4,896,981Expenses 2016: $4,963,261Net Income 2016: -$66,2802016

Highlighted filing

2016

Revenue$4,896,981
Expenses$4,963,261
Net Income-$66,280
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$4,896,981
Mission and Program Overview

Mission

Central brooklyn ascend charter school's (the "school") mission is to equip every student with the knowledge, confidence, and character to succeed in college and beyond. The school will span kindergarten through the 12th grade at maturity. (continued on schedule o) from the earliest grades, students will steadily build a strong foundation of learning habits, critical thinking skills, and knowledge; excel academically in the middle and high school, mastering high-level math and science; and graduate as confident young adults, prepared to succeed as college students, as citizens, and as leaders in their chosen fields.

To equip every student with the knowledge, confidence, and character to succeed in college and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$532,036$2,097,744▲ $1,565,708
Pledges and Grants Receivable$587,034$822,384▲ $235,350
Cash and Non-Interest-Bearing Accounts$105,259$98,697▼ $6,562
Savings and Temporary Cash Investments$187,233$79,606▼ $107,627
Prepaid Expenses and Deferred Charges$600$29,302▲ $28,702
Accounts Receivable$447--
Total Assets$1,438,642$3,185,018▲ $1,746,376
Other Assets Total$26,033$57,285▲ $31,252
Liabilities
Unsecured Notes Loans Payable-$1,708,737-
Accounts Payable and Accrued Expenses$423,220$360,143▼ $63,077
Other Liabilities$284,283$312,880▲ $28,597
Mortgage Notes Payable Secured by Investment Property$112,057$254,589▲ $142,532
Deferred Revenue$4,133--
Total Liabilities$823,693$2,636,349▲ $1,812,656
Net Assets / Fund Balance
Unrestricted Net Assets$614,949$548,669▼ $66,280
Total Net Assets Fund Balance$614,949$548,669▼ $66,280
Total Liabilities and Net Assets / Fund Balance$1,438,642$3,185,018▲ $1,746,376

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,217,378$52,679$1,270,057
Other Land Buildings$748,217$48,298$796,515
Equipment$132,149$44,492$176,641
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle FlowersSchool DirectorFT$121,724$16,297$138,021

Board Members and Trustees

NameTitle
Stephanie MauterstockPresident
Christine SchlendorfTrustee
Kwaku AndohTrustee
Oral WalcottTrustee
Amanda CraftSecretary
Kathleen QuirkTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ascend Learning INCManagement205 ROCKAWAY PARKWAY, Brooklyn, NY 11212$477,783
Revenue and Support

Revenue Composition

Contributions and Grants
$685,936
Program Service Revenue
$4,210,676
Investment Income
$344
Other Revenue
$25
All Other Contributions
$1,227
Change in Net Assets
$-66,280

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,896,981
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,896,981
Total Revenue per Form 990
$4,896,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,741,919
Salaries, Compensation, and Employee Benefits$2,221,342
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,598,420$160,533-$1,758,953
Occupancy$809,751$81,325-$891,076
Fees for Services Management$250,098$391,328-$641,426
Fees for Services Other$261,887$126,730-$388,617
Payroll Taxes$152,675$15,335-$168,010
Current Officers, Directors, Trustees, and Key Employees$138,624$13,923-$152,547
Other Employee Benefits$124,020$12,382-$136,402
Depreciation Depletion$113,124$11,361-$124,485
Office Expenses$34,084$25,392-$59,476
Other Expenses$50,677$1,459-$52,136
Insurance$28,423$2,855-$31,278
Information Technology$22,842$2,294-$25,136
Advertising$21,726$1,344-$23,070
Fees for Services Accounting-$20,750-$20,750
All Other Expenses$16,698$1,677-$18,375
Fees for Services Legal-$7,970-$7,970
Pension Plan Contributions$4,934$496-$5,430
Total Functional Expenses$4,064,200$899,061$0$4,963,261

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,963,261
Total Expenses per Audited Statements$4,963,261
Total Expenses per Form 990$4,963,261
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
Deferred Rent$284,829
Due to Related Parties$28,051
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The school has a relationship with a charter management organization, ascend learning, inc. A new york state not-for-profit corporation, which provides management services and facility development costs pursuant to an agreement between both parties. The management fee paid for the year ended june 30, 2016 amounted to $625,245.”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by management and the finance committee of the board of trustees for approval. If changes are required, the school will then forward the form 990 to the auditing firm and a final version will be distributed to all board members prior to the irs submission.”

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

“The school 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 arises. In addition, the board of trustees sign an annual conflict of interest disclosure form.”

Form 990, Part VI, Section B, Line 15A

“For school directors, an annual meeting is held to review performance, scope of work (i.e. Size of school), salary comparables from nyc public schools, and national charter schools and determine compensation for the following year. This happens annually and is documented in the board minutes. The last time this occurred was in 2015.”

Form 990, Part VI, Section C, Line 19

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting it on guidestar.org. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 205 rockaway parkway, brooklyn, ny 11212, or by calling the organization directly at (347)464-7600.”

Filing and Contact Details

Filer

Filer Name
Central Brooklyn Ascend Charter School
EIN
46-1745205
Phone
3477130100
Address
465 EAST 29TH STREET, BROOKLYN, NY 11226

Signing Officer

Name
Stephanie Mauterstock
Title
Board Chair
Phone
3474647600
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Mauterstock
Formed
2013
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
38
Volunteers
6

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

FORM 900, PART XII, LINE 2C:

“The school has a finance committee that is responsible for oversight of the audit and selection of the independent auditor.”

Financial Statement Notes

PART X, LINE 2:

“The school's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. The school has no uncertain tax positions resulting in an accrual of tax expense or benefit.”

Raw XML AppendixShowing 400 of 514 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/OtherExpensesGrp/ProgramServicesAmt350677
IRS990/OtherExpensesGrp/TotalAmt0218093
IRS990/OtherExpensesGrp/TotalAmt1164147
IRS990/OtherExpensesGrp/TotalAmt275884
IRS990/OtherExpensesGrp/TotalAmt352136
IRS990/OtherLiabilitiesGrp/BOYAmt0284283
IRS990/OtherLiabilitiesGrp/EOYAmt0312880
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt025
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025
IRS990/OtherRevenueTotalAmt025
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0160533
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01598420
IRS990/OtherSalariesAndWagesGrp/TotalAmt01758953
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015335
IRS990/PayrollTaxesGrp/ProgramServicesAmt0152675
IRS990/PayrollTaxesGrp/TotalAmt0168010
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0496
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04934
IRS990/PensionPlanContributionsGrp/TotalAmt05430
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0587034
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0822384
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029302
IRS990/PrincipalOfficerNm0STEPHANIE MAUTERSTOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/Desc1GOV'T PER-PUPIL REV.-F
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03649676
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1561000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03649676
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1561000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0541526
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0351
IRS990/PYOtherExpensesAmt01398000
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02830339
IRS990/PYRevenuesLessExpensesAmt0614949
IRS990/PYSalariesCompEmpBnftPaidAmt01359267
IRS990/PYTotalExpensesAmt02757267
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03372216
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-66280
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04210676
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0187233
IRS990/SavingsAndTempCashInvstGrp/EOYAmt079606
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0132149
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044492
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0176641
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04963261
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01217378
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt052679
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01270057
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0748217
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048298
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0796515
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1284829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04896981
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02097744
IRS990ScheduleD/TotalExpensesPerForm990Amt04963261
IRS990ScheduleD/TotalLiabilityAmt0312880
IRS990ScheduleD/TotalRevenuePerForm990Amt04896981
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04896981
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04963261
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/ExplanationTxt0UPON PUBLICIZING ITS LOTTERY EACH YEAR FOR THE NEW STUDENTS, THE SCHOOL INCLUDES A NON-DISCRIMINATORY POLICY IN ITS PUBLICATION MATERIALS USED TO INFORM THE LOCAL COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT OFFER ANY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. THE STUDENTS ARE NOT CHARGED TUITION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS A RELATIONSHIP WITH A CHARTER MANAGEMENT ORGANIZATION, ASCEND LEARNING, INC. A NEW YORK STATE NOT-FOR-PROFIT CORPORATION, WHICH PROVIDES MANAGEMENT SERVICES AND FACILITY DEVELOPMENT COSTS PURSUANT TO AN AGREEMENT BETWEEN BOTH PARTIES. THE MANAGEMENT FEE PAID FOR THE YEAR ENDED JUNE 30, 2016 AMOUNTED TO $625,245.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL. IF CHANGES ARE REQUIRED, THE SCHOOL WILL THEN FORWARD THE FORM 990 TO THE AUDITING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE IRS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL 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 ARISES. IN ADDITION, THE BOARD OF TRUSTEES SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOR SCHOOL DIRECTORS, AN ANNUAL MEETING IS HELD TO REVIEW PERFORMANCE, SCOPE OF WORK (I.E. SIZE OF SCHOOL), SALARY COMPARABLES FROM NYC PUBLIC SCHOOLS, AND NATIONAL CHARTER SCHOOLS AND DETERMINE COMPENSATION FOR THE FOLLOWING YEAR. THIS HAPPENS ANNUALLY AND IS DOCUMENTED IN THE BOARD MINUTES. THE LAST TIME THIS OCCURRED WAS IN 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 205 ROCKAWAY PARKWAY, BROOKLYN, NY 11212, OR BY CALLING THE ORGANIZATION DIRECTLY AT (347)464-7600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 900, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROOKLYN ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BROWNSVILLE ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2BUSHWICK ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3CANARSIE ASCEND CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0320232371
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1900461828
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2272299950
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3453957158
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0503(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1503(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2503(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3503(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3EDUCATION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,185,018
Liabilities
$2,636,349
Net assets
$548,669
Revenue
$4,896,981
Expenses
$4,963,261
Net income
-$66,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$3.19$2.64$0.55$4.90$4.96$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.82$0.61$3.37$2.76$0.61
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