Civic Intelligence

The School for Strings Inc

990 • Fiscal year 2021 • EIN 51-0201835

Sep 01, 2020 to Aug 31, 2021 • Filed on Feb 18, 2022

Organization ProfileWWW.SCHOOLFORSTRINGS.ORG

View Organization Page

419 West 54th StreetNew York, NY 10019

(212) 315-0915

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2021 filings • NTEE A • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

28th percentile

0.07x

Higher debt load relative to revenue than 28% of similar nonprofits.

2021 filings • NTEE A • $10M-$25M nonprofits • Source year 2021

Net Margin

39th percentile

8.5%

Higher net margin than 39% of similar nonprofits.

2021 filings • NTEE A • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

47th percentile

$150,289

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2021 filings • NTEE A • $10M-$25M nonprofits • Source year 2021

Asset Growth

41st percentile

9.2%

Faster asset growth than 41% of similar nonprofits.

2021 filings • NTEE A • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-16%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • NTEE A • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$12,982,899

Up $1,088,690 (+9.2%) from 2020

Net Assets

Up

$12,865,220

Up $1,102,046 (+9.4%) from 2020

Liabilities

Down

$117,679

Down $13,356 (-10%) from 2020

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin39th percentile

Revenue

Down

$1,609,621

Down $310,942 (-16%) from 2020

Expenses

Down

$1,472,218

Down $101,189 (-6.4%) from 2020

Net Income

Down

$137,403

Down $209,753 (-60%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $4,048,367Liabilities 2011: $140,557Net Assets 2011: $3,907,8102011Assets 2012: $4,368,913Liabilities 2012: $144,226Net Assets 2012: $4,224,6872012Assets 2013: $6,280,475Liabilities 2013: $134,070Net Assets 2013: $6,146,4052013Assets 2014: $7,067,240Liabilities 2014: $148,917Net Assets 2014: $6,918,3232014Assets 2015: $6,617,934Liabilities 2015: $138,619Net Assets 2015: $6,479,3152015Assets 2016: $7,009,419Liabilities 2016: $127,997Net Assets 2016: $6,881,4222016Assets 2017: $10,022,069Liabilities 2017: $167,040Net Assets 2017: $9,855,0292017Assets 2018: $10,467,990Liabilities 2018: $144,294Net Assets 2018: $10,323,6962018Assets 2019: $11,217,949Liabilities 2019: $123,663Net Assets 2019: $11,094,2862019Assets 2020: $11,894,209Liabilities 2020: $131,035Net Assets 2020: $11,763,1742020Assets 2021: $12,982,899Liabilities 2021: $117,679Net Assets 2021: $12,865,2202021Assets 2022: $12,108,681Liabilities 2022: $131,381Net Assets 2022: $11,977,3002022Assets 2023: $12,615,533Liabilities 2023: $123,290Net Assets 2023: $12,492,2432023Assets 2024: $14,039,478Liabilities 2024: $110,492Net Assets 2024: $13,928,9862024Assets 2025: $15,095,158Liabilities 2025: $216,942Net Assets 2025: $14,878,2162025

Highlighted filing

2021

Assets$12,982,899
Liabilities$117,679
Net Assets$12,865,220
Open 2021 Filing

Operations Trend

Revenue Growth20th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,306,2072011Revenue 2012: $1,707,327Expenses 2012: $1,390,450Net Income 2012: $316,8772012Revenue 2013: $3,365,690Expenses 2013: $1,443,972Net Income 2013: $1,921,7182013Revenue 2014: $2,251,175Expenses 2014: $1,479,257Net Income 2014: $771,9182014Revenue 2015: $1,109,412Expenses 2015: $1,548,420Net Income 2015: -$439,0082015Revenue 2016: $1,968,329Expenses 2016: $1,566,222Net Income 2016: $402,1072016Revenue 2017: $4,494,663Expenses 2017: $1,521,056Net Income 2017: $2,973,6072017Revenue 2018: $1,976,922Expenses 2018: $1,508,256Net Income 2018: $468,6662018Revenue 2019: $2,214,953Expenses 2019: $1,518,630Net Income 2019: $696,3232019Revenue 2020: $1,920,563Expenses 2020: $1,573,407Net Income 2020: $347,1562020Revenue 2021: $1,609,621Expenses 2021: $1,472,218Net Income 2021: $137,4032021Revenue 2022: $1,493,999Expenses 2022: $1,518,961Net Income 2022: -$24,9622022Revenue 2023: $1,417,864Expenses 2023: $1,507,050Net Income 2023: -$89,1862023Revenue 2024: $1,603,295Expenses 2024: $1,540,817Net Income 2024: $62,4782024Revenue 2025: $2,073,023Expenses 2025: $1,563,021Net Income 2025: $510,0022025

Highlighted filing

2021

Revenue$1,609,621
Expenses$1,472,218
Net Income$137,403
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Feb 18, 2022
Return Version
2020v4.2
Gross Receipts
$5,309,583
Mission and Program Overview

Mission

To provide music students with the necessary facilities, equipment, and instructors to help develop and enhance their musical talents.

To provide music students with the necessary facilities, equipment, and instructors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,736,489$10,036,200▲ $299,711
Savings and Temporary Cash Investments$88,139$979,711▲ $891,572
Land, Buildings, and Equipment, Net$956,579$902,568▼ $54,011
Accounts Receivable$61,630$50,465▼ $11,165
Prepaid Expenses and Deferred Charges$49,394$12,150▼ $37,244
Inventories for Sale or Use$1,978$1,805▼ $173
Total Assets$11,894,209$12,982,899▲ $1,088,690
Other Assets Total$1,000,000$1,000,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$77,892$68,126▼ $9,766
Deferred Revenue$53,143$49,553▼ $3,590
Total Liabilities$131,035$117,679▼ $13,356
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,720,220$12,823,849▲ $1,103,629
Net Assets With Donor Restrictions$42,954$41,371▼ $1,583
Total Net Assets Fund Balance$11,763,174$12,865,220▲ $1,102,046
Total Liabilities and Net Assets / Fund Balance$11,894,209$12,982,899▲ $1,088,690

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$736,502$3,223,938$3,960,440
Buildings$0$701,887$701,887
Equipment$36,066$441,108$477,174
Land$130,000-$130,000
Other Land Buildings$0$51,701$51,701
Other Assets Org$1,000,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$2,442,163$1,583--$2,443,746
2019$2,440,497$1,666--$2,442,163
2018$2,438,744$1,753--$2,440,497
2017$2,436,897$1,847--$2,438,744
2016$2,434,954$1,943--$2,436,897
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alexander YudkovskyExecutive DirectorFT$132,598$17,691$150,289

Board Members and Trustees

NameTitle
Gregory GalterioChairman/president/trustee
Juliana PereiraSecretary/trustee
Philip TohTreasurer/trustee
Carla SolomonTrustee
John BessonetteTrustee
Mark SteinbergTrustee
Rani Zarina VazTrustee
Susan EdelsteinTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$212,235
Program Service Revenue
$1,044,726
Investment Income
$319,681
Other Revenue
$32,979
All Other Contributions
$156,035
Change in Net Assets
$137,403

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,609,621
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$964,643
Total Revenue per Audited Statements
$2,574,264
Total Revenue per Form 990
$1,609,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$944,382
Other Expenses$527,836
Total Fundraising Expense$3,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$513,873$180,550-$694,423
Current Officers, Directors, Trustees, and Key Employees$98,123$34,475-$132,598
Depreciation Depletion$114,735$6,039-$120,774
Payroll Taxes$44,737$15,718-$60,455
Other Employee Benefits$42,110$14,796-$56,906
All Other Expenses$45,155$3,019-$48,174
Insurance$23,649$14,011-$37,660
Advertising-$33,042-$33,042
Office Expenses$26,846$1,332$3,600$31,778
Other Expenses$17,405$6,115-$23,520
Fees for Services Accounting-$15,500-$15,500
Total Functional Expenses$1,121,617$347,001$3,600$1,472,218

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,472,218
Total Expenses per Audited Statements$1,472,218
Total Expenses per Form 990$1,472,218
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,200
Fundraising Direct Expenses$10,221
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit$99,400$43,200$10,221$32,979
Total Events$99,400$43,200$10,221$32,979
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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
No

Governance Explanations

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

“Line 11a explanation - the members of the board of trustees were provided with a copy of form 990 for their review and comments prior to the filing of the return.”

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

“Officers and trustees are required to sign a conflict of interest statement annually. Officers and trustees are also required to disclose at board meetings any change since signing the disclosure statement.”

Form 990, Part VI, Section C, Line 19

“All documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The School for Strings Inc
EIN
51-0201835
Phone
2123150915
Address
419 WEST 54TH STREET, NEW YORK, NY 10019

Signing Officer

Name
Alexander Yudkovsky
Title
Executive Director
Phone
2123150915
Signed
2022-02-18
Discuss with paid preparer
Yes

Organization Details

Formed
1975
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
8
Employees
36
Volunteers
0

Preparer

Firm
Schulman Lobel Llp
Address
1001 AVENUE OF THE AMERICAS, NEW YORK, NY 10018
Preparer
Adam Reiss
Phone
2128685781
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Miscellaneous: program service expenses 17,341. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,341. Travel and entertainment: program service expenses 14,310. Management and general expenses 753. Fundraising expenses 0. Total expenses 15,063. Worker's compensation: program service expenses 4,150. Management and general expenses 1,433. Fundraising expenses 0. Total expenses 5,583. Bad debts: program service expenses 3,770. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,770. Telephone: program service expenses 3,147. Management and general expenses 166. Fundraising expenses 0. Total expenses 3,313. Payroll service: program service expenses 1,804. Management and general expenses 634. Fundraising expenses 0. Total expenses 2,438. Water and sewer: program service expenses 440. Management and general expenses 23. Fundraising expenses 0. Total expenses 463. Dues and subscriptions: program service expenses 193. Management and general expenses 10. Fundraising expenses 0. Total expenses 203.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and classified by the internal revenue service as other than a private foundation. The organization may be subject to excise taxes if it engages in certain activities not directly related to the organization's tax-exempt purpose. For the years ended august 31, 2021 and 2020, the organization has not engaged in any activities that may be subject to an excise tax and has no plan to do so. The organization records a liability for uncertain tax positions when it is probable that a loss has been incurred and the amount can be reasonably estimated. The organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The organization is required to disclose unrecognized tax benefits resulting from uncertain tax positions. At august 31, 2021 and 2020, the organization did not have any unrecognized tax benefits or liabilities. The organization operates in the united states and in state and local jurisdictions, and the previous three years remain subject to examination by tax authorities. There are presently no ongoing income tax examinations.”

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IRS990/Desc0THE EXPENSES AS REPORTED IN PART IX WERE INCURRED TO HELP PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTRUCTORS TO HELP DEVELOP AND ENHANCE THEIR MUSICAL TALENTS. FOR THE YEAR ENDED AUGUST 31, 2021, THE NUMBER OF STUDENTS AND INSTRUCTORS THAT PARTICIPATED IN THE PROGRAM WERE 257 AND 31, RESPECTIVELY.
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0902568
IRS990/LandBldgEquipCostOrOtherBssAmt05321202
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03689741
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTRUCTORS TO HELP DEVELOP AND ENHANCE THEIR MUSICAL TALENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011763174
IRS990/NetAssetsOrFundBalancesEOYAmt012865220
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0166389
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0166389
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt032979
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt032979
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0964643
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011720220
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012823849
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01332
IRS990/OfficeExpensesGrp/ProgramServicesAmt026846
IRS990/OfficeExpensesGrp/TotalAmt031778
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01000000
IRS990/OtherAssetsTotalGrp/EOYAmt01000000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014796
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042110
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056906
IRS990/OtherExpensesGrp/Desc0REPAIRS & SERVICE CONTR
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2ELECTRIC AND GAS
IRS990/OtherExpensesGrp/Desc3NEW YORK CITY APARTMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05087
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115103
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22214
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36115
IRS990/OtherExpensesGrp/ProgramServicesAmt096656
IRS990/OtherExpensesGrp/ProgramServicesAmt156263
IRS990/OtherExpensesGrp/ProgramServicesAmt242065
IRS990/OtherExpensesGrp/ProgramServicesAmt317405
IRS990/OtherExpensesGrp/TotalAmt0101743
IRS990/OtherExpensesGrp/TotalAmt171366
IRS990/OtherExpensesGrp/TotalAmt244279
IRS990/OtherExpensesGrp/TotalAmt323520
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015718
IRS990/PayrollTaxesGrp/ProgramServicesAmt044737
IRS990/PayrollTaxesGrp/TotalAmt060455
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049394
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012150
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01027819
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt116907
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01027819
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116907
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt065881
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0597773
IRS990/PYOtherExpensesAmt0532318
IRS990/PYOtherRevenueAmt049737
IRS990/PYProgramServiceRevenueAmt01207172
IRS990/PYRevenuesLessExpensesAmt0347156
IRS990/PYSalariesCompEmpBnftPaidAmt01041089
IRS990/PYTotalExpensesAmt01573407
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01920563
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0137403
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01044726
IRS990/SavingsAndTempCashInvstGrp/BOYAmt088139
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0979711
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0701887
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0701887
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02442163
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01583
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02443746
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02440497
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01666
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02442163
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02438744
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01753
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02440497
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02436897
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01847
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02438744
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02434954
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01943
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02436897
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt036066
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0441108
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0477174
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01472218
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0130000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0130000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0736502
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03223938
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03960440
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0964643
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01000000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN NEW YORK CITY APARTMENT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051701
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051701
IRS990ScheduleD/RevenueNotReportedAmt0964643
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01609621
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION MAY BE SUBJECT TO EXCISE TAXES IF IT ENGAGES IN CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE. FOR THE YEARS ENDED AUGUST 31, 2021 AND 2020, THE ORGANIZATION HAS NOT ENGAGED IN ANY ACTIVITIES THAT MAY BE SUBJECT TO AN EXCISE TAX AND HAS NO PLAN TO DO SO. THE ORGANIZATION RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION IS REQUIRED TO DISCLOSE UNRECOGNIZED TAX BENEFITS RESULTING FROM UNCERTAIN TAX POSITIONS. AT AUGUST 31, 2021 AND 2020, THE ORGANIZATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS OR LIABILITIES. THE ORGANIZATION OPERATES IN THE UNITED STATES AND IN STATE AND LOCAL JURISDICTIONS, AND THE PREVIOUS THREE YEARS REMAIN SUBJECT TO EXAMINATION BY TAX AUTHORITIES. THERE ARE PRESENTLY NO ONGOING INCOME TAX EXAMINATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0902568
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01000000
IRS990ScheduleD/TotalExpensesPerForm990Amt01472218
IRS990ScheduleD/TotalRevenuePerForm990Amt01609621
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02574264
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01472218
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt056200
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt056200
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010221
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BENEFIT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt099400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt099400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt043200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt043200
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt032979
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010221
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010221
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0132598
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017691
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,982,899
Liabilities
$117,679
Net assets
$12,865,220
Revenue
$1,609,621
Expenses
$1,472,218
Net income
$137,403
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.1$0.22$14.9$2.07$1.56$0.51
2024Detailed filing. Detailed filing data is available for this year.$14.0$0.11$13.9$1.60$1.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$12.6$0.12$12.5$1.42$1.51$0.09
2022Detailed filing. Detailed filing data is available for this year.$12.1$0.13$12.0$1.49$1.52$0.02
2021Detailed filing. Detailed filing data is available for this year.$13.0$0.12$12.9$1.61$1.47$0.14
2020Detailed filing. Detailed filing data is available for this year.$11.9$0.13$11.8$1.92$1.57$0.35
2019Detailed filing. Detailed filing data is available for this year.$11.2$0.12$11.1$2.21$1.52$0.70
2018Detailed filing. Detailed filing data is available for this year.$10.5$0.14$10.3$1.98$1.51$0.47
2017Detailed filing. Detailed filing data is available for this year.$10.0$0.17$9.86$4.49$1.52$2.97
2016Detailed filing. Detailed filing data is available for this year.$7.01$0.13$6.88$1.97$1.57$0.40
2015Detailed filing. Detailed filing data is available for this year.$6.62$0.14$6.48$1.11$1.55$0.44
2014Detailed filing. Detailed filing data is available for this year.$7.07$0.15$6.92$2.25$1.48$0.77
2013Summary only. Only limited summary data is available for this year.$6.28$0.13$6.15$3.37$1.44$1.92
2012Summary only. Only limited summary data is available for this year.$4.37$0.14$4.22$1.71$1.39$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.14$3.91$1.31