Civic Intelligence

Charter School of Educational Excellence

EIN 56-2453276 • 501(c)3 • Yonkers, NY

Profile

The mission of the charter school of educational excellence (csee) is to produce students who meet or exceed all new york state learning standards. Csee will do this by creating a challenging learning environment with high expectations for every child with an emphasis on the basic subject areas of english-language arts, mathematics, social studies, and science. The school will employ standards based and research proven curriculum, implement best educational practices, use a variety of assessments to measure on-going student progress in skills and content learning, and support teachers with professional development activities that are aligned to the instructional program. Csees emphasis on basic subjects will give students a strong academic foundation that will allow them to become critical thinkers and life-long learners. The school will also expose students to a diverse curriculum that promotes appreciation of art, music, and cultural awareness. The charter school of educational excel

260 Warburton AvenueYonkers, NY 10701

charterschoolofeducationalexcellence.o

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.95x

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

NTEE B • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

3.27x

Higher debt load relative to revenue than 83% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Net Margin

29th percentile

-6.5%

Higher net margin than 29% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

26th percentile

$180,933

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

NTEE B • $50M-$100M nonprofits • Source year 2025

Asset Growth

16th percentile

-3.2%

Faster asset growth than 16% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

29th percentile

-2.3%

Faster revenue growth than 29% of similar nonprofits.

NTEE B • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Down

$84,433,418

Down $2,757,256 (-3.2%) from 2024

Liabilities

Down

$79,809,331

Down $1,160,881 (-1.4%) from 2024

Net Assets

Down

$4,624,087

Down $1,596,375 (-26%) from 2024

Revenue

Down

$24,397,371

Down $574,242 (-2.3%) from 2024

Expenses

Up

$25,993,746

Up $74,226 (+0.3%) from 2024

Net Income

Down

-$1,596,375

Down $648,468 (-68%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0-$50MAssets 2011: $14,290,986Liabilities 2011: $14,417,303Net Assets 2011: -$126,3172011Assets 2012: $16,469,204Liabilities 2012: $15,702,205Net Assets 2012: $766,9992012Assets 2013: $16,741,442Liabilities 2013: $15,439,068Net Assets 2013: $1,302,3742013Assets 2014: $16,845,263Liabilities 2014: $15,038,269Net Assets 2014: $1,806,9942014Assets 2015: $16,848,300Liabilities 2015: $14,230,738Net Assets 2015: $2,617,5622015Assets 2016: $17,088,094Liabilities 2016: $13,588,288Net Assets 2016: $3,499,8062016Assets 2017: $17,656,317Liabilities 2017: $13,347,626Net Assets 2017: $4,308,6912017Assets 2018: $18,167,892Liabilities 2018: $13,101,628Net Assets 2018: $5,066,2642018Assets 2019: $19,747,238Liabilities 2019: $13,163,538Net Assets 2019: $6,583,7002019Assets 2020: $64,636,668Liabilities 2020: $56,421,481Net Assets 2020: $8,215,1872020Assets 2021: $67,930,963Liabilities 2021: $57,839,587Net Assets 2021: $10,091,3762021Assets 2022: $65,423,566Liabilities 2022: $56,591,063Net Assets 2022: $8,832,5032022Assets 2023: $88,631,393Liabilities 2023: $81,463,024Net Assets 2023: $7,168,3692023Assets 2024: $87,190,674Liabilities 2024: $80,970,212Net Assets 2024: $6,220,4622024Assets 2025: $84,433,418Liabilities 2025: $79,809,331Net Assets 2025: $4,624,0872025

Highlighted filing

2025

Assets$84,433,418
Liabilities$79,809,331
Net Assets$4,624,087

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $6,807,976Expenses 2011: $6,693,135Net Income 2011: $114,8412011Revenue 2012: $8,950,718Expenses 2012: $8,057,402Net Income 2012: $893,3162012Revenue 2013: $10,006,729Expenses 2013: $9,471,354Net Income 2013: $535,3752013Revenue 2014: $10,579,963Expenses 2014: $10,075,343Net Income 2014: $504,6202014Revenue 2015: $10,828,613Expenses 2015: $10,018,045Net Income 2015: $810,5682015Revenue 2016: $11,567,061Expenses 2016: $10,857,065Net Income 2016: $709,9962016Revenue 2017: $11,477,961Expenses 2017: $10,669,076Net Income 2017: $808,8852017Revenue 2018: $11,879,963Expenses 2018: $11,122,390Net Income 2018: $757,5732018Revenue 2019: $13,609,931Expenses 2019: $12,230,349Net Income 2019: $1,379,5822019Revenue 2020: $15,287,590Expenses 2020: $13,656,103Net Income 2020: $1,631,4872020Revenue 2021: $17,026,489Expenses 2021: $15,150,300Net Income 2021: $1,876,1892021Revenue 2022: $20,025,889Expenses 2022: $21,284,762Net Income 2022: -$1,258,8732022Revenue 2023: $23,195,612Expenses 2023: $24,859,746Net Income 2023: -$1,664,1342023Revenue 2024: $24,971,613Expenses 2024: $25,919,520Net Income 2024: -$947,9072024Revenue 2025: $24,397,371Expenses 2025: $25,993,746Net Income 2025: -$1,596,3752025

Highlighted filing

2025

Revenue$24,397,371
Expenses$25,993,746
Net Income-$1,596,375

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.4$79.8$4.62$24.4$26.0$1.60
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.2$81.0$6.22$25.0$25.9$0.95
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.6$81.5$7.17$23.2$24.9$1.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.4$56.6$8.83$20.0$21.3$1.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.9$57.8$10.1$17.0$15.2$1.88
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.6$56.4$8.22$15.3$13.7$1.63
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.7$13.2$6.58$13.6$12.2$1.38
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.2$13.1$5.07$11.9$11.1$0.76
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$13.3$4.31$11.5$10.7$0.81
2016Detailed filing. Detailed filing data is available for this year.$17.1$13.6$3.50$11.6$10.9$0.71
2015Detailed filing. Detailed filing data is available for this year.$16.8$14.2$2.62$10.8$10.0$0.81
2014Summary only. Only limited summary data is available for this year.$16.8$15.0$1.81$10.6$10.1$0.50
2013Summary only. Only limited summary data is available for this year.$16.7$15.4$1.30$10.0$9.47$0.54
2012Summary only. Only limited summary data is available for this year.$16.5$15.7$0.77$8.95$8.06$0.89
2011Summary only. Only limited summary data is available for this year.$14.3$14.4$0.13$6.81$6.69$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 16, 2025
Return Version
2024v5.0
Gross Receipts
$24,397,371
Mission and Program Overview

Mission

The mission of the charter school of educational excellence (csee) is to produce students who meet or exceed all new york state learning standards. Csee will do this by creating a challenging learning environment with high expectations for every child with an emphasis on the basic subject areas of english-language arts, mathematics, social studies, and science. The school will employ standards based and research proven curriculum, implement best educational practices, use a variety of assessments to measure on-going student progress in skills and content learning, and support teachers with professional development activities that are aligned to the instructional program. Csees emphasis on basic subjects will give students a strong academic foundation that will allow them to become critical thinkers and life-long learners. The school will also expose students to a diverse curriculum that promotes appreciation of art, music, and cultural awareness. The charter school of educational excel

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,856,461$38,275,553▼ $2,580,908
Savings and Temporary Cash Investments$11,595,321$13,043,310▲ $1,447,989
Pledges and Grants Receivable$2,398,355$505,997▼ $1,892,358
Cash and Non-Interest-Bearing Accounts$172,295$178,669▲ $6,374
Prepaid Expenses and Deferred Charges$99,468$50,116▼ $49,352
Total Assets$87,190,674$84,433,418▼ $2,757,256
Other Assets Total$32,068,774$32,379,773▲ $310,999
Liabilities
Tax Exempt Bond Liabilities$47,985,000$47,445,000▼ $540,000
Other Liabilities$32,179,546$31,445,109▼ $734,437
Accounts Payable and Accrued Expenses$510,366$722,090▲ $211,724
Deferred Revenue$295,300$197,132▼ $98,168
Total Liabilities$80,970,212$79,809,331▼ $1,160,881
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,220,462$4,624,087▼ $1,596,375
Total Net Assets Fund Balance$6,220,462$4,624,087▼ $1,596,375
Total Liabilities and Net Assets / Fund Balance$87,190,674$84,433,418▼ $2,757,256

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,487,055$14,372,762$48,859,817
Leasehold Improvements$780,548$3,361,296$4,141,844
Equipment$435,891$2,562,746$2,998,637
Land$2,478,280-$2,478,280
Other Land Buildings$93,779$681,635$775,414
Other Assets Org$73,267--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica JacarusoPrincipal -FT$180,933$180,933
Jessica JacarusoPrincipal - Ms-$180,933$180,933
Michael DesimonePhys Ed/athlFT$171,552$171,552
Michael DesimonePhys Ed/athletic Director-$171,552$171,552
Jennifer SpinaPrincipal -FT$168,216$168,216
Jennifer SpinaPrincipal - Es-$168,216$168,216
Dwain PalmerPrincipal -FT$167,045$167,045
Dwain PalmerPrincipal - Hs-$167,045$167,045
Meiling PerezDean of StudFT$128,214$128,214
MARGARET O'DONNELLEla DirectorFT$126,933$126,933
Meagan BoyleAis TeacherFT$121,529$121,529
Lindsey ContiSped DirectoFT$115,772$115,772
Danielle RendinaInterim ExecFT$115,524$115,524

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Tur-bus Express CorpTransportation482 SAW MILL ROAD, Yonkers, NY 10701$999,636
Arrow SecuritySecurity570 TAXTER RD, Elmsford, NY 10523$368,466
Boosted FinanceFiscal ServicesPO BOX 70, Plainview, NY 11803$242,586
EditIt ServicesPO BOX 70, Plainview, NY 11803$207,000
Fcr BuildersConstruction1244 SAW MILL RIVER ROAD, Yonkers, NY 10710$111,891
Revenue and Support

Revenue Composition

Contributions and Grants
$2,346,730
Program Service Revenue
$21,416,706
Investment Income
$633,935
Other Revenue
$0
All Other Contributions
$150,000
Change in Net Assets
$-1,596,375

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,397,371
Total Revenue per Audited Statements
$24,397,371
Total Revenue per Form 990
$24,397,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,353,629
Other Expenses$12,640,117
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,153,469$1,144,471-$10,297,940
Depreciation Depletion$2,587,195$323,480-$2,910,675
Interest$2,023,137$252,956-$2,276,093
Occupancy$1,180,835$147,641-$1,328,476
Other Employee Benefits$1,133,716$141,750-$1,275,466
Fees for Services Other$417,401$700,855-$1,118,256
Payroll Taxes$821,584$102,724-$924,308
All Other Expenses$820,476$102,585-$923,061
Pension Plan Contributions$760,792$95,123-$855,915
Other Expenses$537,905$67,255-$605,160
Insurance$111,178$252,055-$363,233
Information Technology$136,873$17,113-$153,986
Office Expenses$104,577$13,075-$117,652
Fees for Services Legal-$97,806-$97,806
Advertising$53,353$6,671-$60,024
Fees for Services Accounting-$30,000-$30,000
Total Functional Expenses$22,203,045$3,790,701$0$25,993,746

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,993,746
Total Expenses per Audited Statements$25,993,746
Total Expenses per Form 990$25,993,746
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$24,522,322
Premium on Bonds Payable$3,794,453
Accrued Payroll & Related Exp$2,986,527
Accrued Interest$141,807

Bond Issues

BondIssuerIssuedIssue PricePurpose
CYonkers Economic Development Corp2019-11-01$14,030,000The proceeds of the series 2019 bonds are for the following purposes:(i) refinancing the prior indeb
DYonkers Economic Development Corp2019-11-01$10,040,000The proceeds of the series 2019 bonds are for the following purposes:(i) refinancing the prior indeb
BYonkers Economic Development Corp2019-11-01$8,610,000The proceeds of the series 2019 bonds are for the following purposes:(i) refinancing the prior indeb
CYonkers Economic Development Corp2020-11-01$6,275,000The proceeds of the series 2020 bonds are for the following purposes: (i)refinancing the prior indeb
BYonkers Economic Development Corp2020-11-01$3,845,000The proceeds of the series 2020 bonds are for the following purposes: (i)refinancing the prior indeb
AYonkers Economic Development Corp2019-11-01$3,060,000The proceeds of the series 2019 bonds are for the following purposes:(i) refinancing the prior indeb
AYonkers Economic Development Corp2020-11-01$1,065,000The proceeds of the series 2020 bonds are for the following purposes: (i)refinancing the prior indeb
DYonkers Economic Development Corp2020-11-01$530,000The proceeds of the series 2020 bonds are for the following purposes: (i)refinancing the prior indeb

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
A----
B----
B----
C----
C----
D----
D----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is e-mailed to the board of trustees and management for approval before final is ultimately filed with the irs.

Form 990, Page 6, Part VI, Line 12C

A.each covered person shall annually sign a statement that affirms that such person: 1.has received a copy of the policy, 2.has read and understands the policy, 3.has agreed to comply with the policy, and 4.understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption and the trust of the public it must diligently avoid conflicts of interest or the appearance of any conflict and engage primarily in activities that accomplish one or more of its tax-exempt purposes. B.this policy shall be reviewed annually for the information and guidance of covered persons, and any new covered person shall be advised of the policy upon becoming a covered person and shall file an annual statement with the corporation. C.to further the purpose of the disclosure provisions of this policy, the corporation shall provide the board with a full list of proposed or current transactions or arrangements on no less than a yearly basis to ensure that no conflicts exist, or have developed, in the preceding year. Directors, trustees, officers and employees sign an annual declaration and this is reviewed by the committee.

Form 990, Page 6, Part VI, Line 15A

YES

Form 990, Page 6, Part VI, Line 15B

YES

Form 990, Page 6, Part VI, Line 19

Upon request with board approval.

Filing and Contact Details

Filer

Filer Name
Charter School of Educational
EIN
56-2453276
Phone
2127867913
Address
260 WARBURTON AVENUE, YONKERS, NY 10701

Signing Officer

Name
Eduardo Laguerre
Title
Board Chairman
Phone
9144765070
Signed
2025-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eduardo Laguerre
Formed
2004
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
180

Preparer

Firm
VARGAS & RIVERA CPA'S LLP
Address
586 ROUTE 304, NEW CITY, NY 10956
Preparer
Luis C Rivera
Phone
8456383113
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the charter school of educational excellence (csee) is to produce students who meet or exceed all new york state learning standards. Csee will do this by creating a challenging learning environment with high expectations for every child with an emphasis on the basic subject areas of english-language arts, mathematics, social studies, and science. The school will employ standards based and research proven curriculum, implement best educational practices, use a variety of assessments to measure on-going student progress in skills and content learning, and support teachers with professional development activities that are aligned to the instructional program. Csees emphasis on basic subjects will give students a strong academic foundation that will allow them to become critical thinkers and life-long learners. The school will also expose students to a diverse curriculum that promotes appreciation of art, music, and cultural awareness. The charter school of educational excellence will provide a safe and nurturing environment for all students and foster a strong partnership with families and the community.

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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/ActivityOrMissionDesc0THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL
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