Civic Intelligence

Storefront Academy Charter School South Bronx

990 • Fiscal year 2018 • EIN 47-1938137

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 15, 2018

Organization ProfileSTOREFRONTACADEMY.ORG
609 Jackson AvenueBronx, NY 10455

(646) 476-1400

Siviq Scores

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

Liabilities / Assets

97th percentile

2.09x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

80th percentile

0.49x

Higher debt load relative to revenue than 80% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

6th percentile

-34%

Higher net margin than 6% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

81st percentile

$154,375

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

60th percentile

7.0%

Faster asset growth than 60% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-9.7%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$602,419

Up $39,593 (+7.0%) from 2017

Net Assets

Down

-$657,955

Down $869,648 (-411%) from 2017

Liabilities

Up

$1,260,374

Up $909,241 (+259%) from 2017

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin6th percentile

Revenue

Down

$2,564,084

Down $275,742 (-9.7%) from 2017

Expenses

Up

$3,433,732

Up $495,490 (+17%) from 2017

Net Income

Down

-$869,648

Down $771,232 (-784%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2015: $359,459Liabilities 2015: $324,483Net Assets 2015: $34,9762015Assets 2016: $648,718Liabilities 2016: $338,609Net Assets 2016: $310,1092016Assets 2017: $562,826Liabilities 2017: $351,133Net Assets 2017: $211,6932017Assets 2018: $602,419Liabilities 2018: $1,260,374Net Assets 2018: -$657,9552018Assets 2019: $1,020,717Liabilities 2019: $1,571,191Net Assets 2019: -$550,4742019Assets 2020: $2,758,392Liabilities 2020: $2,760,151Net Assets 2020: -$1,7592020Assets 2021: $2,744,185Liabilities 2021: $1,458,497Net Assets 2021: $1,285,6882021Assets 2022: $3,105,280Liabilities 2022: $1,091,937Net Assets 2022: $2,013,3432022Assets 2023: $7,715,242Liabilities 2023: $6,048,591Net Assets 2023: $1,666,6512023Assets 2024: $32,150,831Liabilities 2024: $32,262,253Net Assets 2024: -$111,4222024

Highlighted filing

2018

Assets$602,419
Liabilities$1,260,374
Net Assets-$657,955
Open 2018 Filing

Operations Trend

Revenue Growth18th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $376,249Expenses 2015: $341,273Net Income 2015: $34,9762015Revenue 2016: $2,614,667Expenses 2016: $2,339,006Net Income 2016: $275,6612016Revenue 2017: $2,839,826Expenses 2017: $2,938,242Net Income 2017: -$98,4162017Revenue 2018: $2,564,084Expenses 2018: $3,433,732Net Income 2018: -$869,6482018Revenue 2019: $4,792,168Expenses 2019: $4,684,687Net Income 2019: $107,4812019Revenue 2020: $8,438,348Expenses 2020: $7,889,633Net Income 2020: $548,7152020Revenue 2021: $10,238,198Expenses 2021: $8,950,751Net Income 2021: $1,287,4472021Revenue 2022: $10,689,848Expenses 2022: $9,962,193Net Income 2022: $727,6552022Revenue 2023: $9,167,980Expenses 2023: $9,514,672Net Income 2023: -$346,6922023Revenue 2024: $9,908,266Expenses 2024: $10,820,751Net Income 2024: -$912,4852024

Highlighted filing

2018

Revenue$2,564,084
Expenses$3,433,732
Net Income-$869,648
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$2,564,084
Mission and Program Overview

Mission

Storefront academy seeks to provide children of varied academic strengths quality educational opportunities, preparing them academically, socially, and emotionally to become critical thinkers, high-achieving students and well-rounded individuals. Working in partnership with families and community members, storefront academy instills a powerful sense of self, and gives its students the tools to own the future and create meaningful adult lives.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$238,912$345,955▲ $107,043
Pledges and Grants Receivable$125,694$151,532▲ $25,838
Savings and Temporary Cash Investments$50,017$50,042▲ $25
Cash and Non-Interest-Bearing Accounts$47,766$40,909▼ $6,857
Prepaid Expenses and Deferred Charges$100,437$12,431▼ $88,006
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$562,826$602,419▲ $39,593
Other Assets Total$0$1,550▲ $1,550
Liabilities
Other Liabilities$79,079$821,800▲ $742,721
Accounts Payable and Accrued Expenses$244,845$438,574▲ $193,729
Grants Payable$27,209$0▼ $27,209
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$351,133$1,260,374▲ $909,241
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$211,693$-657,955▼ $869,648
Total Net Assets Fund Balance$211,693$-657,955▼ $869,648
Total Liabilities and Net Assets / Fund Balance$562,826$602,419▲ $39,593

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$149,026$104,380$253,406
Leasehold Improvements$124,790$11,836$136,626
Equipment$72,139$39,157$111,296
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Syreeta Nicole Richardson-garciaPrincipalFT$144,584$9,791$154,375

Board Members and Trustees

NameTitle
Jonathan StearnsChair
Eileen NiedzwieckiVice Chair
Angela BergesonTrustee
ray camerontrustee
wendy reynosotrustee
Carrie Sealysecretary
Richard BaylesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter School Business ManagementFinancial Services237 WEST 35TH STREET SUITE 301, New York, NY 10001$170,298
Revenue and Support

Revenue Composition

Contributions and Grants
$239,291
Program Service Revenue
$2,324,057
Investment Income
$476
Other Revenue
$260
All Other Contributions
$69,616
Change in Net Assets
$-869,648

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,564,084
Revenue Not Reported on Form 990
$296,886
Total Revenue per Audited Statements
$2,860,970
Total Revenue per Form 990
$2,564,084
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,329,050
Other Expenses$1,104,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,427,566$344,095-$1,771,661
Occupancy$541,597$28,505-$570,102
Other Employee Benefits$196,992$58,874-$255,866
Current Officers, Directors, Trustees, and Key Employees-$159,307-$159,307
Payroll Taxes$105,650$36,566-$142,216
Fees for Services Other-$122,738-$122,738
Depreciation Depletion$80,346$4,229-$84,575
Other Expenses$69,203$8,302-$77,505
Office Expenses$65,309$6,999-$72,308
Information Technology$50,306$2,854-$53,160
Insurance$23,921$2,752-$26,673
Fees for Services Accounting-$18,200-$18,200
Fees for Services Legal-$6,468-$6,468
Advertising$6,020$338-$6,358
Total Functional Expenses$2,633,505$800,227$0$3,433,732

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,730,618
Expenses per Audited Statements$3,433,732
Total Expenses per Form 990$3,433,732
Expenses Not Reported on Form 990$296,886
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Note Payable to Related Party$650,000
Due to Management Company$122,380
Deferred Rent$49,420
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
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
Yes

Governance Explanations

form 990, part VI, section A, line 3

“THE SCHOOL CONTRACTED WITH THE STOREFRONT ACADEMY HARLEM (sah) TO PROVIDE MANAGEMENT SERVICES TO THE SCHOOL. in 2018, sah agreed to waive the service fees for the year ended june 30, 2018 as well as the amounts due from 2017.”

Form 990, Part VI, Section B, Line 11B

“The draft of the form 990 is shared with each member of the board of trustees. Any issues were discussed with the finance department and the final draft was then reviewed and approved by the full board of trustees.”

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

“Storefront academy charter school shall not enter into transactions where there is a conflict of interest or potential conflict of interest unless there is a compelling reason to do so. If a trustee or a family member has a conflict of interest in a proposed transaction with the center, he or she must make full disclosure before any action on the contract or transaction. Such disclosure shall be documented annually. Any trustee who is aware of a potential personal conflict of interest with respect to any matter coming before the board of trustees or any committee of the board may be present for any discussion, but shall be excused from any voting that may take place in connection with the matter.”

Form 990, Part VI, Section C, Line 19

“Storefront academy charter school makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Storefront Academy Charter School South Bronx
EIN
47-1938137
In Care Of
% DR NICOLE GARCIA PRINCIPAL
Phone
6464761400
Address
609 Jackson Avenue, Bronx, NY 10455
Doing Business As
Storefront Academy Charter School

Signing Officer

Name
Jonathan Stearns
Title
Chair
Phone
6464761400
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Stearns
Formed
2014
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
50
Volunteers
7

Preparer

Firm
Bkd Llp
Address
655 Third Avenue 1200, New York, NY 10017
Preparer
Aaron Shapiro
Phone
2128674000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

“STOREFRONT ACADEMY CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL, EDUCATING URBAN YOUTH OF ALL LEARNING ABILITIES, BEGINNING WITH STUDENTS In KINDERGARTEN THROUGH THE THIRD GRADE AND ADDING ONE GRADE EVERY YEAR, WITH THE EVENTUAL GOAL OF EDUCATING STUDENTS FROM PRE-KINDERGARTEN THROUGH THE FIFTH GRADE.”

Form 990, Part XII, Line 2C

“the process has not changed from prior years.”

Raw XML AppendixShowing 400 of 522 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/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02854
IRS990/InformationTechnologyGrp/ProgramServicesAmt050306
IRS990/InformationTechnologyGrp/TotalAmt053160
IRS990/InsuranceGrp/ManagementAndGeneralAmt02752
IRS990/InsuranceGrp/ProgramServicesAmt023921
IRS990/InsuranceGrp/TotalAmt026673
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0476
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0476
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0155373
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0238912
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0345955
IRS990/LandBldgEquipCostOrOtherBssAmt0501328
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0STOREFRONT ACADEMY SEEKS TO PROVIDE CHILDREN OF VARIED ACADEMIC STRENGTHS QUALITY EDUCATIONAL OPPORTUNITIES, PREPARING THEM ACADEMICALLY, SOCIALLY AND EMOTIONALLY TO BECOME CRITICAL THINKERS, HIGH-ACHIEVING STUDENTS AND WELL-ROUNDED INDIVIDUALS. WORKING IN PARTNERSHIP WITH FAMILIES AND COMMUNITY MEMBERS, STOREFRONT ACADEMY INSTILLS A POWERFUL SENSE OF SELF, AND GIVES ITS STUDENTS THE TOOLS TO OWN THE FUTURE AND CREATE MEANINGFUL ADULT LIVES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0211693
IRS990/NetAssetsOrFundBalancesEOYAmt0-657955
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt02228
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt028505
IRS990/OccupancyGrp/ProgramServicesAmt0541597
IRS990/OccupancyGrp/TotalAmt0570102
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06999
IRS990/OfficeExpensesGrp/ProgramServicesAmt065309
IRS990/OfficeExpensesGrp/TotalAmt072308
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01550
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt058874
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0196992
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0255866
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08302
IRS990/OtherExpensesGrp/ProgramServicesAmt066595
IRS990/OtherExpensesGrp/ProgramServicesAmt169203
IRS990/OtherExpensesGrp/TotalAmt066595
IRS990/OtherExpensesGrp/TotalAmt177505
IRS990/OtherLiabilitiesGrp/BOYAmt079079
IRS990/OtherLiabilitiesGrp/EOYAmt0821800
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0260
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0260
IRS990/OtherRevenueTotalAmt0260
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0344095
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01427566
IRS990/OtherSalariesAndWagesGrp/TotalAmt01771661
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036566
IRS990/PayrollTaxesGrp/ProgramServicesAmt0105650
IRS990/PayrollTaxesGrp/TotalAmt0142216
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0125694
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0151532
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0100437
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012431
IRS990/PrincipalOfficerNm0JONATHAN STEARNS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0Per-Pupil Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02324057
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02324057
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0362048
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0184
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01032107
IRS990/PYOtherRevenueAmt03388
IRS990/PYProgramServiceRevenueAmt02474206
IRS990/PYRevenuesLessExpensesAmt0-98416
IRS990/PYSalariesCompEmpBnftPaidAmt01906135
IRS990/PYTotalExpensesAmt02938242
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02839826
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-869648
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02324057
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050017
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050042
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0296886
IRS990ScheduleD/DonatedServicesUseFcltsAmt0296886
IRS990ScheduleD/EquipmentGrp/BookValueAmt072139
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039157
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111296
IRS990ScheduleD/ExpensesNotReportedAmt0296886
IRS990ScheduleD/ExpensesSubtotalAmt03433732
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0124790
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011836
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0136626
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0149026
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0104380
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0253406
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0122380
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt149420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2650000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MANAGEMENT COMPANY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NOTE PAYABLE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt0296886
IRS990ScheduleD/RevenueSubtotalAmt02564084
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0345955
IRS990ScheduleD/TotalExpensesPerForm990Amt03433732
IRS990ScheduleD/TotalLiabilityAmt0821800
IRS990ScheduleD/TotalRevenuePerForm990Amt02564084
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02860970
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03730618
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A CHARTER SCHOOL AND SOLICITS STUDENTS THROUGH THE NYS EDUCATION DEPARTMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVED BOTH FEDERAL AND STATE GRANTS INCLUDING FUNDING FROM THE NYS EDUCATION DEPARTMENT
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, line 6A
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$602,419
Liabilities
$1,260,374
Net assets
-$657,955
Revenue
$2,564,084
Expenses
$3,433,732
Net income
-$869,648
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.2$32.3$0.11$9.91$10.8$0.91
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.72$6.05$1.67$9.17$9.51$0.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$1.09$2.01$10.7$9.96$0.73
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$1.46$1.29$10.2$8.95$1.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$2.76$0.00$8.44$7.89$0.55
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$1.57$0.55$4.79$4.68$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.60$1.26$0.66$2.56$3.43$0.87
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.35$0.21$2.84$2.94$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.34$0.31$2.61$2.34$0.28
2015Summary only. Only limited summary data is available for this year.$0.36$0.32$0.03$0.38$0.34$0.03