Civic Intelligence

The Quad Preparatory School

990 • Fiscal year 2019 • EIN 46-5652622

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 29, 2020

Organization Profilewww.quadprep.org
25 Pine Street 4th FloorNew York, NY 10005

(646) 649-3913

Siviq Scores

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

Liabilities / Assets

94th percentile

1.15x

Higher debt load relative to assets than 94% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

1.22x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Net Margin

31st percentile

-1.1%

Higher net margin than 31% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$160,051

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Asset Growth

80th percentile

21%

Faster asset growth than 80% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

53%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$10,819,961

Up $1,871,342 (+21%) from 2018

Net Assets

Down

-$1,662,076

Down $112,156 (-7.2%) from 2018

Liabilities

Up

$12,482,037

Up $1,983,498 (+19%) from 2018

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin31st percentile

Revenue

Up

$10,194,347

Up $3,509,588 (+53%) from 2018

Expenses

Up

$10,306,503

Up $2,680,766 (+35%) from 2018

Net Income

Up

-$112,156

Up $828,822 (+88%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$60M$40M$20M$0-$20MAssets 2015: $92,411Liabilities 2015: $43,766Net Assets 2015: $48,6452015Assets 2016: $1,219,589Liabilities 2016: $1,070,291Net Assets 2016: $149,2982016Assets 2017: $1,881,855Liabilities 2017: $1,810,964Net Assets 2017: $70,8912017Assets 2018: $8,948,619Liabilities 2018: $10,498,539Net Assets 2018: -$1,549,9202018Assets 2019: $10,819,961Liabilities 2019: $12,482,037Net Assets 2019: -$1,662,0762019Assets 2020: $14,249,626Liabilities 2020: $18,326,133Net Assets 2020: -$4,076,5072020Assets 2021: $14,717,917Liabilities 2021: $17,653,839Net Assets 2021: -$2,935,9222021Assets 2022: $16,429,663Liabilities 2022: $20,372,516Net Assets 2022: -$3,942,8532022Assets 2023: $49,630,062Liabilities 2023: $55,077,663Net Assets 2023: -$5,447,6012023

Highlighted filing

2019

Assets$10,819,961
Liabilities$12,482,037
Net Assets-$1,662,076
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

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

$30M$20M$10M$0-$10MRevenue 2015: $671,485Expenses 2015: $622,840Net Income 2015: $48,6452015Revenue 2016: $1,623,262Expenses 2016: $1,522,609Net Income 2016: $100,6532016Revenue 2017: $4,061,559Expenses 2017: $4,122,417Net Income 2017: -$60,8582017Revenue 2018: $6,684,759Expenses 2018: $7,625,737Net Income 2018: -$940,9782018Revenue 2019: $10,194,347Expenses 2019: $10,306,503Net Income 2019: -$112,1562019Revenue 2020: $14,531,822Expenses 2020: $16,946,253Net Income 2020: -$2,414,4312020Revenue 2021: $18,563,667Expenses 2021: $17,423,082Net Income 2021: $1,140,5852021Revenue 2022: $21,975,785Expenses 2022: $22,839,494Net Income 2022: -$863,7092022Revenue 2023: $24,173,186Expenses 2023: $25,677,934Net Income 2023: -$1,504,7482023

Highlighted filing

2019

Revenue$10,194,347
Expenses$10,306,503
Net Income-$112,156
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 29, 2020
Return Version
2018v3.1
Gross Receipts
$10,219,601
Mission and Program Overview

Mission

The organization is an alternative college preparatory school dedicated to the education of twice exceptional students with social learning differences. Their vision is to allow students to experience education as the transformative experience every child deserves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,293,407$6,488,132▲ $194,725
Accounts Receivable$778,627$1,692,010▲ $913,383
Prepaid Expenses and Deferred Charges$177,547$643,916▲ $466,369
Cash and Non-Interest-Bearing Accounts$1,499,038$570,968▼ $928,070
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,948,619$10,819,961▲ $1,871,342
Other Assets Total$200,000$1,424,935▲ $1,224,935
Liabilities
Unsecured Notes Loans Payable$6,914,900$6,709,680▼ $205,220
Deferred Revenue$3,237,384$5,350,607▲ $2,113,223
Accounts Payable and Accrued Expenses$165,705$361,621▲ $195,916
Other Liabilities$180,550$60,129▼ $120,421
Total Liabilities$10,498,539$12,482,037▲ $1,983,498
Net Assets / Fund Balance
Temporarily Rstr Net Assets$12,753$357,566▲ $344,813
Unrestricted Net Assets$-1,562,673$-2,019,642▼ $456,969
Total Net Assets Fund Balance$-1,549,920$-1,662,076▼ $112,156
Total Liabilities and Net Assets / Fund Balance$8,948,619$10,819,961▲ $1,871,342

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$63,318$56,884-
Equipment$27,366$26,397-
Leasehold Improvements$6,397,448$962,611-
Other Assets Org$1,406,739--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly BusiEx-OfficioFT$155,074$4,977$160,051
Kristin BermanHead of SchoolFT$148,388$27$148,415

Board Members and Trustees

NameTitle
Mark McFaddenPresident
Adam Falk added mid-yrDirector
Alan CarrDirector
Guy Kearsley added mid-yearDirector
Jason Gerstein resign mid-yrDirector
Jennifer CarpenterDirector
Joe MasiDirector
Rachel GersteinDirector
Stephanie HodorDirector
Marilyn KlineSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$923,149
Program Service Revenue
$9,157,920
Investment Income
$0
Other Revenue
$113,278
All Other Contributions
$588,927
Change in Net Assets
$-112,156

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,194,347
Revenue Not Reported on Form 990
$240,215
Total Revenue per Audited Statements
$10,434,562
Total Revenue per Form 990
$10,194,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,692,646
Other Expenses$3,613,857
Total Fundraising Expense$236,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,198,416$182,136$43,961$5,424,513
Occupancy$1,562,915$100,076$21,322$1,684,313
Fees for Services Other$325,497$179,826$69,650$574,973
Payroll Taxes$459,341$29,412$6,266$495,019
Current Officers, Directors, Trustees, and Key Employees$224,669$167,737$30,498$422,904
Depreciation Depletion$346,783$22,205$4,731$373,719
Other Employee Benefits$327,843$18,368$3,999$350,210
Interest$317,407$20,324$4,330$342,061
Office Expenses$190,468$12,194$2,599$205,261
Fees for Services Accounting-$95,937-$95,937
All Other Expenses$23,612$24,605$322$48,539
Fees for Services Legal-$35,728-$35,728
Other Expenses$32,093$2,055$438$34,586
Insurance$16,705$1,070$228$18,003
Travel$11,705$750$159$12,614
Information Technology$9,374$600$128$10,102
Advertising-$4,133-$4,133
Conferences and Meetings$2,222--$2,222
Total Functional Expenses$9,103,054$967,002$236,447$10,306,503

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,546,718
Expenses per Audited Statements$10,306,503
Total Expenses per Form 990$10,306,503
Expenses Not Reported on Form 990$240,215
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,254
Fundraising Gross Income$25,254
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$359,476$25,254$25,254$0
Total Events$359,476$25,254$25,254-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
The Quad ManhattanFounder/EDRentalNo$65,657

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$60,129
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Management reviewed a draft of the form 990 with the audit/finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the IRS.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
The Quad Preparatory School
EIN
46-5652622
Phone
6466493913
Address
25 Pine Street 4th Floor, New York, NY 10005

Signing Officer

Name
Kimberly Busi
Title
Founder & ED
Signed
2020-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Busi
Formed
2014
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
9
Employees
121
Volunteers
250

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2016 and later are subject to examination by applicable taxing authorities.”

Raw XML AppendixShowing 400 of 557 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0165705
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0361621
IRS990/AccountsReceivableGrp/BOYAmt0778627
IRS990/AccountsReceivableGrp/EOYAmt01692010
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Organization is an alternative college preparatory school dedicated to the education of twice exceptional students with social learning differences. Their vision is to allow students to experience education as the transformative experience every child deserves.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04133
IRS990/AdvertisingGrp/TotalAmt04133
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0588927
IRS990/AllOtherExpensesGrp/FundraisingAmt0322
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt024605
IRS990/AllOtherExpensesGrp/ProgramServicesAmt023612
IRS990/AllOtherExpensesGrp/TotalAmt048539
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Travis J Carey
IRS990/BooksInCareOfDetail/PhoneNum06466493913
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt025 Pine Street 4th Floor
IRS990/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010005
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01499038
IRS990/CashNonInterestBearingGrp/EOYAmt0570968
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt030498
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0167737
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0224669
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0422904
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02222
IRS990/ConferencesMeetingsGrp/TotalAmt02222
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0334222
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0923149
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03613857
IRS990/CYOtherRevenueAmt0113278
IRS990/CYProgramServiceRevenueAmt09157920
IRS990/CYRevenuesLessExpensesAmt0-112156
IRS990/CYSalariesCompEmpBnftPaidAmt06692646
IRS990/CYTotalExpensesAmt010306503
IRS990/CYTotalFundraisingExpenseAmt0236447
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010194347
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt03237384
IRS990/DeferredRevenueGrp/EOYAmt05350607
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt04731
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt022205
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0346783
IRS990/DepreciationDepletionGrp/TotalAmt0373719
IRS990/Desc0The Quad Preparatory School isn't just a school, it is the epicenter of a larger movement, with implications far wider reaching than the successes we have with our students. The Quad Prep commitment is to share its practice with others on larger scale, national even international scale. The Quad Preparatory School is a key partner of the 2e Study Center at The Quad - the first and only center of 2e excellence in New York City. Quad Prep is committed to educating and training local educators, clinicians and parents through Breakthroughs in Twice Exceptional Education, an annual, national conference, through hosting and co-creating The Certificate Program in Meeting the Needs of Twice-Exceptional Children, the East Coast's first and only post-graduate Certification Program of its kind.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0121
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt09103054
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt095937
IRS990/FeesForServicesAccountingGrp/TotalAmt095937
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt035728
IRS990/FeesForServicesLegalGrp/TotalAmt035728
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt069650
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0179826
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0325497
IRS990/FeesForServicesOtherGrp/TotalAmt0574973
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt04977
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1127
IRS990/Form990PartVIISectionAGrp/PersonNm0Kimberly Busi
IRS990/Form990PartVIISectionAGrp/PersonNm1Jennifer Carpenter
IRS990/Form990PartVIISectionAGrp/PersonNm2Alan Carr
IRS990/Form990PartVIISectionAGrp/PersonNm3Adam Falk added mid-yr
IRS990/Form990PartVIISectionAGrp/PersonNm4Jason Gerstein resign mid-yr
IRS990/Form990PartVIISectionAGrp/PersonNm5Rachel Gerstein
IRS990/Form990PartVIISectionAGrp/PersonNm6Stephanie Hodor
IRS990/Form990PartVIISectionAGrp/PersonNm7Guy Kearsley added mid-year
IRS990/Form990PartVIISectionAGrp/PersonNm8Marilyn Kline
IRS990/Form990PartVIISectionAGrp/PersonNm9Joe Masi
IRS990/Form990PartVIISectionAGrp/PersonNm10Mark McFadden
IRS990/Form990PartVIISectionAGrp/PersonNm11Kristin Berman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0155074
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11148388
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Ex-Officio
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Head of School
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0334222
IRS990/FundraisingDirectExpensesAmt025254
IRS990/FundraisingGrossIncomeAmt025254
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010219601
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0128
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0600
IRS990/InformationTechnologyGrp/ProgramServicesAmt09374
IRS990/InformationTechnologyGrp/TotalAmt010102
IRS990/InsuranceGrp/FundraisingAmt0228
IRS990/InsuranceGrp/ManagementAndGeneralAmt01070
IRS990/InsuranceGrp/ProgramServicesAmt016705
IRS990/InsuranceGrp/TotalAmt018003
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt04330
IRS990/InterestGrp/ManagementAndGeneralAmt020324
IRS990/InterestGrp/ProgramServicesAmt0317407
IRS990/InterestGrp/TotalAmt0342061
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01045892
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06293407
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06488132
IRS990/LandBldgEquipCostOrOtherBssAmt07534024
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Quad Preparatory School transforms the lives of twice-exceptional people those who are gifted and learn differently by redefining the experience of school. Our personalized model fully integrates social and emotional learning with challenging academics, empowering our students to rise to the level of their extraordinary talents. Through our innovative programs we are leading a larger movement in service of both twice-exceptional people and society at large.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-1549920
IRS990/NetAssetsOrFundBalancesEOYAmt0-1662076
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt021322
IRS990/OccupancyGrp/ManagementAndGeneralAmt0100076
IRS990/OccupancyGrp/ProgramServicesAmt01562915
IRS990/OccupancyGrp/TotalAmt01684313
IRS990/OfficeExpensesGrp/FundraisingAmt02599
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012194
IRS990/OfficeExpensesGrp/ProgramServicesAmt0190468
IRS990/OfficeExpensesGrp/TotalAmt0205261
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0200000
IRS990/OtherAssetsTotalGrp/EOYAmt01424935
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03999
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018368
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0327843
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0350210
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Professional Development
IRS990/OtherExpensesGrp/Desc2Bad Debt
IRS990/OtherExpensesGrp/Desc3Dues and Subscriptions
IRS990/OtherExpensesGrp/FundraisingAmt047816
IRS990/OtherExpensesGrp/FundraisingAmt1438
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018424
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt151422
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22055
IRS990/OtherExpensesGrp/ProgramServicesAmt054004
IRS990/OtherExpensesGrp/ProgramServicesAmt132093
IRS990/OtherExpensesGrp/TotalAmt066240
IRS990/OtherExpensesGrp/TotalAmt154004
IRS990/OtherExpensesGrp/TotalAmt251422
IRS990/OtherExpensesGrp/TotalAmt334586
IRS990/OtherLiabilitiesGrp/BOYAmt0180550
IRS990/OtherLiabilitiesGrp/EOYAmt060129
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0113278
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0113278
IRS990/OtherRevenueTotalAmt0113278
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt043961
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0182136
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05198416
IRS990/OtherSalariesAndWagesGrp/TotalAmt05424513
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06266
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029412
IRS990/PayrollTaxesGrp/ProgramServicesAmt0459341
IRS990/PayrollTaxesGrp/TotalAmt0495019
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0177547
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0643916
IRS990/PrincipalOfficerNm0Kimberly Busi
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Tuition Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09157920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09157920
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0358645
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02794641
IRS990/PYOtherRevenueAmt052647
IRS990/PYProgramServiceRevenueAmt06273467
IRS990/PYRevenuesLessExpensesAmt0-940978
IRS990/PYSalariesCompEmpBnftPaidAmt04831096
IRS990/PYTotalExpensesAmt07625737
IRS990/PYTotalRevenueAmt06684759
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-112156
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt09157920
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0240215
IRS990ScheduleD/DonatedServicesUseFcltsAmt0240215
IRS990ScheduleD/EquipmentGrp/BookValueAmt027366
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026397
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt053763
IRS990ScheduleD/ExpensesNotReportedAmt0240215
IRS990ScheduleD/ExpensesSubtotalAmt010306503
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06397448
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0962611
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt07360059
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt018196
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11406739
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from related parties
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Security deposit
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt063318
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt056884
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0120202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Rent
IRS990ScheduleD/RevenueNotReportedAmt0240215

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,819,961
Liabilities
$12,482,037
Net assets
-$1,662,076
Revenue
$10,194,347
Expenses
$10,306,503
Net income
-$112,156
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$49.6$55.1$5.45$24.2$25.7$1.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$20.4$3.94$22.0$22.8$0.86
2021Summary only. Only limited summary data is available for this year.$14.7$17.7$2.94$18.6$17.4$1.14
2020Summary only. Only limited summary data is available for this year.$14.2$18.3$4.08$14.5$16.9$2.41
2019Detailed filing. Detailed filing data is available for this year.$10.8$12.5$1.66$10.2$10.3$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.95$10.5$1.55$6.68$7.63$0.94
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$1.81$0.07$4.06$4.12$0.06
2016Summary only. Only limited summary data is available for this year.$1.22$1.07$0.15$1.62$1.52$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.05$0.67$0.62$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $10M-$25M nonprofits