Civic Intelligence

German School Brooklyn

990 • Fiscal year 2019 • EIN 47-4759054

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 14, 2020

17 Eastern ParkwayBrooklyn, NY 11238

(718) 857-0853

Siviq Scores

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

Liabilities / Assets

87th percentile

0.78x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

0.52x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Net Margin

65th percentile

9.2%

Higher net margin than 65% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$194,000

Higher top officer pay than 86% of similar nonprofits.

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

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Asset Growth

81st percentile

27%

Faster asset growth than 81% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

87th percentile

41%

Faster revenue growth than 87% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,193,698

Up $467,209 (+27%) from 2018

Net Assets

Up

$486,057

Up $300,796 (+162%) from 2018

Liabilities

Up

$1,707,641

Up $166,413 (+11%) from 2018

Revenue

Up

$3,259,742

Up $953,231 (+41%) from 2018

Expenses

Up

$2,958,946

Up $748,661 (+34%) from 2018

Net Income

Up

$300,796

Up $204,570 (+213%) from 2018

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2016: $427,378Liabilities 2016: $395,104Net Assets 2016: $32,2742016Assets 2017: $1,786,910Liabilities 2017: $1,697,875Net Assets 2017: $89,0352017Assets 2018: $1,726,489Liabilities 2018: $1,541,228Net Assets 2018: $185,2612018Assets 2019: $2,193,698Liabilities 2019: $1,707,641Net Assets 2019: $486,0572019Assets 2020: $12,654,130Liabilities 2020: $12,055,509Net Assets 2020: $598,6212020Assets 2021: $15,255,875Liabilities 2021: $14,369,421Net Assets 2021: $886,4542021Assets 2022: $26,953,945Liabilities 2022: $26,791,658Net Assets 2022: $162,2872022Assets 2023: $38,763,469Liabilities 2023: $41,830,901Net Assets 2023: -$3,067,4322023Assets 2024: $36,938,977Liabilities 2024: $43,899,461Net Assets 2024: -$6,960,4842024

Highlighted filing

2019

Assets$2,193,698
Liabilities$1,707,641
Net Assets$486,057

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $707,743Expenses 2016: $675,470Net Income 2016: $32,2732016Revenue 2017: $1,448,246Expenses 2017: $1,391,485Net Income 2017: $56,7612017Revenue 2018: $2,306,511Expenses 2018: $2,210,285Net Income 2018: $96,2262018Revenue 2019: $3,259,742Expenses 2019: $2,958,946Net Income 2019: $300,7962019Revenue 2020: $3,669,466Expenses 2020: $3,486,454Net Income 2020: $183,0122020Revenue 2021: $4,019,577Expenses 2021: $3,841,584Net Income 2021: $177,9932021Revenue 2022: $4,693,453Expenses 2022: $5,417,620Net Income 2022: -$724,1672022Revenue 2023: $4,427,237Expenses 2023: $7,656,956Net Income 2023: -$3,229,7192023Revenue 2024: $5,355,191Expenses 2024: $9,248,243Net Income 2024: -$3,893,0522024

Highlighted filing

2019

Revenue$3,259,742
Expenses$2,958,946
Net Income$300,796
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.1
Gross Receipts
$3,259,742
Mission and Program Overview

Mission

To create and establish an elementary School (Grades K thru Seven) which offers full day education as well as extended day and summer programs for typically developing

To create and establish an elementary School (Grades K thru Six) which offers full day education as well as extended day and summer programs for typically developing

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,358,883$1,940,679▲ $581,796
Rtn Earn Endowment Incm Other Fnds$185,261$486,057▲ $300,796
Land, Buildings, and Equipment, Net$87,667$142,215▲ $54,548
Accounts Receivable$222,209$56,560▼ $165,649
Prepaid Expenses and Deferred Charges$6,244$6,244→ $0
Other Notes and Loans Receivable, Net$3,486--
Total Assets$1,726,489$2,193,698▲ $467,209
Other Assets Total$48,000$48,000→ $0
Liabilities
Deferred Revenue$1,486,619$1,660,008▲ $173,389
Accounts Payable and Accrued Expenses$24,609$26,633▲ $2,024
Unsecured Notes Loans Payable$30,000$21,000▼ $9,000
Total Liabilities$1,541,228$1,707,641▲ $166,413
Net Assets / Fund Balance
Total Net Assets Fund Balance$185,261$486,057▲ $300,796
Total Liabilities and Net Assets / Fund Balance$1,726,489$2,193,698▲ $467,209

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,413--
Equipment$66,421$48,374-
Leasehold Improvements$55,381$5,083-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathrin NagleFounder/Head of SchoolFT$194,000-$194,000
Kathrin Nagle--$160,000$34,000$194,000
Hendrike StarkDirector of Finance and HRFT$60,000-$60,000

Board Members and Trustees

NameTitle
Dr Stefan P StauderChairman
Boney PoovanCo-Director
Simona D'SouzaCo-Director
Stephan FeilhauerDirector
Simona D'SouzaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$190,327
Program Service Revenue
$3,058,236
Investment Income
$679
Other Revenue
$10,500
All Other Contributions
$47,445
Change in Net Assets
$300,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,905,757
Other Expenses$1,053,189
Total Fundraising Expense$90,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,112,000$303,276$28,468$1,443,744
Occupancy$424,867$0$0$424,867
Current Officers, Directors, Trustees, and Key Employees$195,636$53,356$5,008$254,000
Other Expenses$242,677$5,700$0$248,377
Payroll Taxes$101,650$27,723$2,602$131,975
All Other Expenses$48,462$29,093$53,029$130,584
Other Employee Benefits$52,836$14,410$1,352$68,598
Insurance$27,535$0$0$27,535
Fees for Services Accounting$0$26,350$0$26,350
Depreciation Depletion$20,693$0$0$20,693
Office Expenses$1,739$15,571$0$17,310
Fees for Services Legal$0$15,068$0$15,068
Pension Plan Contributions$5,730$1,563$147$7,440
Advertising$0$5,022$0$5,022
Fees for Services Other$0$827$0$827
Interest$0$204$0$204
Total Functional Expenses$2,358,186$509,977$90,783$2,958,946
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$113,599$113,599-$113,599
Oktoberfest$15,358$15,358-$15,358
Total Events$128,957$128,957$52,211$76,746
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
German School Brooklyn
EIN
47-4759054
Phone
7188570853
Address
17 Eastern Parkway, Brooklyn, NY 11238

Signing Officer

Name
Kathrin Nagle
Title
Director
Phone
7188570853
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathrin Nagle
Formed
2015
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
39
Volunteers
25

Preparer

Firm
Del Prete and Cheng LLP
Address
111 Atlantic Avenue Suite 1R, Brooklyn, NY 11201
Preparer
Susan Cheng
Phone
7188753535
Supplemental Narrative

Additional Explanations

Pt VI, Line 15A

Trustees shall receive no compensation for carrying out their duties.

Pt VI, Line 11B

All board members meet and review Form 990 prior to filing.

Pt VI, Line 15B

Compensation Committee (Full board excluding Founder/Head of school) review and approve officers' salaries.

Form 990, Part IX, Line 24E

Telephone 1685. 0. 1685. 0.

Form 990, Part IX, Line 24E

After school, summer camp and field trips 22910. 22910. 0. 0.

Form 990, Part IX, Line 24E

Travel 20716. 0. 20716. 0.

Form 990, Part IX, Line 24E

Fundraising 53029. 0. 0. 53029.

Form 990, Part IX, Line 24E

Bad debt 11900. 11900. 0. 0.

Form 990, Part IX, Line 24E

Other 20344. 13652. 6692. 0.

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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/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0121934
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0166
IRS990/PYOtherExpensesAmt0887303
IRS990/PYProgramServiceRevenueAmt02184411
IRS990/PYRevenuesLessExpensesAmt096226
IRS990/PYSalariesCompEmpBnftPaidAmt01322982
IRS990/PYTotalExpensesAmt02210285
IRS990/PYTotalRevenueAmt02306511
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0300796
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt010500
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03058236
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0185261
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0486057
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt020413
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt020413
IRS990ScheduleD/EquipmentGrp/BookValueAmt066421
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048374
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0114795
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt055381
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05083
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt060464
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0142215
IRS990ScheduleE/ComplianceWithRevProc7550Ind0false
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The German School encourages diversity and does not discriminate on any grounds. no supplemental information
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1no supplemental information
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 7
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt052211
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Oktoberfest
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0113599
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015358
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0128957
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0113599
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt015358
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0128957
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt076746
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt046101
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt06110
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt052211
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0160000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount024000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Kathrin Nagle
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0194000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0fringe benefit
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0Liam Nagle
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0dependent of key employee
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0scholarship
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Trustees shall receive no compensation for carrying out their duties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members meet and review Form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation Committee (Full board excluding Founder/Head of school) review and approve officers' salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Telephone 1685. 0. 1685. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4After school, summer camp and field trips 22910. 22910. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Travel 20716. 0. 20716. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Fundraising 53029. 0. 0. 53029.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bad debt 11900. 11900. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other 20344. 13652. 6692. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01726489
IRS990/TotalAssetsEOYAmt02193698

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