Civic Intelligence

Persistence Preparatory Academy Charter School

990 • Fiscal year 2021 • EIN 82-2169421

Jul 01, 2020 to Jun 30, 2021 • Filed on May 05, 2022

Organization ProfileWWW.PERSISTENCEPREP.ORG

View Organization Page

378 Urban StreetBuffalo, NY 14211

(716) 235-1520

Siviq Scores

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

Liabilities / Assets

87th percentile

0.72x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

1.53x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

73rd percentile

28%

Higher net margin than 73% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$110,947

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

99th percentile

414%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

31%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$8,558,196

Up $7,631,995 (+824%) from 2019

Net Assets

Up

$2,404,865

Up $1,654,914 (+221%) from 2019

Liabilities

Up

$6,153,331

Up $5,977,081 (+3391%) from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin73rd percentile

Revenue

Up

$4,014,423

Up $2,129,461 (+113%) from 2019

Expenses

Up

$2,875,739

Up $1,116,534 (+63%) from 2019

Net Income

Up

$1,138,684

Up $1,012,927 (+805%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$15M$10M$5.0M$0Assets 2018: $710,323Liabilities 2018: $86,129Net Assets 2018: $624,1942018Assets 2019: $926,201Liabilities 2019: $176,250Net Assets 2019: $749,9512019Assets 2021: $8,558,196Liabilities 2021: $6,153,331Net Assets 2021: $2,404,8652021Assets 2022: $10,402,847Liabilities 2022: $7,695,611Net Assets 2022: $2,707,2362022Assets 2025: $12,828,091Liabilities 2025: $7,757,733Net Assets 2025: $5,070,3582025

Highlighted filing

2021

Assets$8,558,196
Liabilities$6,153,331
Net Assets$2,404,865
Open 2021 Filing

Operations Trend

Revenue Growth69th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2018: $866,102Expenses 2018: $241,908Net Income 2018: $624,1942018Revenue 2019: $1,884,962Expenses 2019: $1,759,205Net Income 2019: $125,7572019Revenue 2021: $4,014,423Expenses 2021: $2,875,739Net Income 2021: $1,138,6842021Revenue 2022: $4,364,402Expenses 2022: $4,062,031Net Income 2022: $302,3712022Revenue 2025: $7,979,953Expenses 2025: $7,303,307Net Income 2025: $676,6462025

Highlighted filing

2021

Revenue$4,014,423
Expenses$2,875,739
Net Income$1,138,684
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 5, 2022
Return Version
2020v4.2
Gross Receipts
$4,014,423
Mission and Program Overview

Mission

Through rigorous academics, high-quality instruction and leadership development, persistence preparatory academy charter school ensures that all k - 8 scholars are firmly on the path to succeed within a four-year college and create positive change within their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$415,706$6,975,813▲ $6,560,107
Cash and Non-Interest-Bearing Accounts$945,915$832,297▼ $113,618
Savings and Temporary Cash Investments$50,000$470,681▲ $420,681
Pledges and Grants Receivable$123,364$177,904▲ $54,540
Accounts Receivable$106,451$61,519▼ $44,932
Prepaid Expenses and Deferred Charges$24,803$37,837▲ $13,034
Total Assets$1,666,239$8,558,196▲ $6,891,957
Other Assets Total$0$2,145▲ $2,145
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,871$4,924,008▲ $4,910,137
Accounts Payable and Accrued Expenses$131,735$1,229,323▲ $1,097,588
Unsecured Notes Loans Payable$254,452$0▼ $254,452
Total Liabilities$400,058$6,153,331▲ $5,753,273
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,171,462$2,394,765▲ $1,223,303
Net Assets With Donor Restrictions$94,719$10,100▼ $84,619
Total Net Assets Fund Balance$1,266,181$2,404,865▲ $1,138,684
Total Liabilities and Net Assets / Fund Balance$1,666,239$8,558,196▲ $6,891,957

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,456,845-$6,456,845
Buildings$309,835-$309,835
Equipment$177,633$104,669$282,302
Leasehold Improvements$0$237,606$237,606
Land$31,500-$31,500
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joelle FormatoHead of SchoolFT$97,717$13,230$110,947

Board Members and Trustees

NameTitle
Daniel GreeneChair
Amanda WinkelsasVice Chair
Bobbie FinocchioTrustee
Darnell HaywoodTrustee
Derrick ParsonTrustee
Elisha TomaselloTrustee
Kevin CelnikerTrustee
Misha Hoffman RussoTrustee
Shatorah DonovanTrustee
Tyler MekusTrustee
Catherine RobertsSecretary
Kenneth NewsomTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Gls ArchitectsArchitectural Design65 CLARENDON PL, Buffalo, NY 14209$309,038
Revenue and Support

Revenue Composition

Contributions and Grants
$945,407
Program Service Revenue
$3,058,586
Investment Income
$0
Other Revenue
$10,430
All Other Contributions
$260,377
Change in Net Assets
$1,138,684

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,014,423
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,014,423
Total Revenue per Form 990
$4,014,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,831,684
Other Expenses$1,044,055
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,195,962$161,648-$1,357,610
Fees for Services Other$107,670$126,617-$234,287
Occupancy$169,134$18,793-$187,927
Payroll Taxes$119,080$26,140-$145,220
Other Employee Benefits$127,596$14,778-$142,374
Conferences and Meetings$126,674--$126,674
Current Officers, Directors, Trustees, and Key Employees-$111,677-$111,677
Information Technology$87,459--$87,459
Office Expenses$53,109$27,847-$80,956
Pension Plan Contributions$61,338$13,465-$74,803
Depreciation Depletion$56,837$13,699-$70,536
Other Expenses$103,665$69,411-$69,411
Insurance-$47,849-$47,849
All Other Expenses-$13,481-$13,481
Advertising-$12,931-$12,931
Interest-$8,879-$8,879
Total Functional Expenses$2,208,524$667,215$0$2,875,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,875,739
Total Expenses per Audited Statements$2,875,739
Total Expenses per Form 990$2,875,739
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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, Part VI, Section B, Line 11B

“The draft form 990 is reviewed in detail by management and the board of trustees prior to being filed.”

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

“The school has a written conflict of interest policy that is monitored by the board and reviewed annually. Conflict of interest statements are reviewed by a board member for propriety on an annual basis.”

Form 990, Part VI, Section B, Line 15

“The board of trustees reviews and evaluates the performance of the head of school on an annual basis. Salaries for the head of school and other key employees are approved by the board.”

Form 990, Part VI, Section C, Line 19

“The school provides its governing documents, conflict of interest policy and financial statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Persistence Preparatory Academy Charter
EIN
82-2169421
Phone
7162351520
Address
378 URBAN STREET, BUFFALO, NY 14211

Signing Officer

Name
Joelle Formato
Title
Head of School
Phone
7162351520
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joelle Formato
Formed
2017
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
37
Volunteers
25

Preparer

Firm
Lumsden & Mccormick Llp
Address
369 FRANKLIN STREET, BUFFALO, NY 14202
Preparer
Donna M Gonser CPA
Phone
7168563300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 478 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0131735
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01229323
IRS990/AccountsReceivableGrp/BOYAmt0106451
IRS990/AccountsReceivableGrp/EOYAmt061519
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THROUGH RIGOROUS ACADEMICS, HIGH-QUALITY INSTRUCTION AND LEADERSHIP DEVELOPMENT, PERSISTENCE PREPARATORY ACADEMY CHARTER SCHOOL ENSURES THAT ALL K - 8 SCHOLARS ARE FIRMLY ON THE PATH TO SUCCEED WITHIN A FOUR-YEAR COLLEGE AND CREATE POSITIVE CHANGE WITHIN THEIR COMMUNITIES.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt012931
IRS990/AdvertisingGrp/TotalAmt012931
IRS990/AllOtherContributionsAmt0260377
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013481
IRS990/AllOtherExpensesGrp/TotalAmt013481
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIRISITS & ASSOCIATES CPAS PLLC
IRS990/BooksInCareOfDetail/PhoneNum07168810089
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01231 DELAWARE AVE SUITE 6
IRS990/BooksInCareOfDetail/USAddress/CityNm0BUFFALO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd014209
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0945915
IRS990/CashNonInterestBearingGrp/EOYAmt0832297
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0111677
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0111677
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0126674
IRS990/ConferencesMeetingsGrp/TotalAmt0126674
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0309038
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt065 CLARENDON PL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BUFFALO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd014209
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0GLS ARCHITECTS
IRS990/ContractorCompensationGrp/ServicesDesc0ARCHITECTURAL DESIGN
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0945407
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01044055
IRS990/CYOtherRevenueAmt010430
IRS990/CYProgramServiceRevenueAmt03058586
IRS990/CYRevenuesLessExpensesAmt01138684
IRS990/CYSalariesCompEmpBnftPaidAmt01831684
IRS990/CYTotalExpensesAmt02875739
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04014423
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt013699
IRS990/DepreciationDepletionGrp/ProgramServicesAmt056837
IRS990/DepreciationDepletionGrp/TotalAmt070536
IRS990/Desc0EDUCATIONAL INSTRUCTION - PROVIDING HIGH-QUALITY INSTRUCTION FOR SCHOLARS FROM KINDERGARTEN TO EIGHTH GRADE TO INSURE THAT OUR SCHOLARS CAN REACH AMBITIOUS GOALS AND BE FIRMLY ON THE PATH TO THE FOUR YEAR COLLEGE OF THEIR CHOICE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt094719
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt010100
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt037
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01729542
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0126617
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0107670
IRS990/FeesForServicesOtherGrp/TotalAmt0234287
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
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/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0DANIEL GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm1AMANDA WINKELSAS
IRS990/Form990PartVIISectionAGrp/PersonNm2KENNETH NEWSOM
IRS990/Form990PartVIISectionAGrp/PersonNm3CATHERINE ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN CELNIKER
IRS990/Form990PartVIISectionAGrp/PersonNm5SHATORAH DONOVAN
IRS990/Form990PartVIISectionAGrp/PersonNm6BOBBIE FINOCCHIO
IRS990/Form990PartVIISectionAGrp/PersonNm7DARNELL HAYWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm8TYLER MEKUS
IRS990/Form990PartVIISectionAGrp/PersonNm9DERRICK PARSON
IRS990/Form990PartVIISectionAGrp/PersonNm10MISHA HOFFMAN RUSSO
IRS990/Form990PartVIISectionAGrp/PersonNm11ELISHA TOMASELLO
IRS990/Form990PartVIISectionAGrp/PersonNm12JOELLE FORMATO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1297717
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/ReportableCompFromRltdOrgAmt1213230
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0685030
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04014423
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt087459
IRS990/InformationTechnologyGrp/TotalAmt087459
IRS990/InsuranceGrp/ManagementAndGeneralAmt047849
IRS990/InsuranceGrp/TotalAmt047849
IRS990/InterestGrp/ManagementAndGeneralAmt08879
IRS990/InterestGrp/TotalAmt08879
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0342275
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0415706
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06975813
IRS990/LandBldgEquipCostOrOtherBssAmt07318088
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THROUGH RIGOROUS ACADEMICS, HIGH-QUALITY INSTRUCTION AND LEADERSHIP DEVELOPMENT, PERSISTENCE PREPARATORY ACADEMY CHARTER SCHOOL ENSURES THAT ALL K - 8 SCHOLARS ARE FIRMLY ON THE PATH TO SUCCEED WITHIN A FOUR-YEAR COLLEGE AND CREATE POSITIVE CHANGE WITHIN THEIR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt013871
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04924008
IRS990/NetAssetsOrFundBalancesBOYAmt01266181
IRS990/NetAssetsOrFundBalancesEOYAmt02404865
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01171462
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02394765
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt018793
IRS990/OccupancyGrp/ProgramServicesAmt0169134
IRS990/OccupancyGrp/TotalAmt0187927
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027847
IRS990/OfficeExpensesGrp/ProgramServicesAmt053109
IRS990/OfficeExpensesGrp/TotalAmt080956
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02145
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014778
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0127596
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0142374
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt069411
IRS990/OtherExpensesGrp/ProgramServicesAmt0103665
IRS990/OtherExpensesGrp/TotalAmt0103665
IRS990/OtherExpensesGrp/TotalAmt169411
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010430
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010430
IRS990/OtherRevenueTotalAmt010430
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0161648
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01195962
IRS990/OtherSalariesAndWagesGrp/TotalAmt01357610
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026140
IRS990/PayrollTaxesGrp/ProgramServicesAmt0119080
IRS990/PayrollTaxesGrp/TotalAmt0145220
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013465
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt061338
IRS990/PensionPlanContributionsGrp/TotalAmt074803
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0123364
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0177904
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024803
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037837
IRS990/PrincipalOfficerNm0JOELLE FORMATO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0ENROLLMENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03058586
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03058586
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL EDUCATION - STUDENTS WITH SPECIAL NEEDS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0209878
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0106155
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER PROGRAMS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0269104
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt010430
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0703487
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0961463
IRS990/PYOtherRevenueAmt015703
IRS990/PYProgramServiceRevenueAmt02353584
IRS990/PYRevenuesLessExpensesAmt0516230
IRS990/PYSalariesCompEmpBnftPaidAmt01595081
IRS990/PYTotalExpensesAmt02556544
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03072774
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01138684
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02952431
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0470681
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/BuildingsGrp/BookValueAmt0309835
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0309835
IRS990ScheduleD/EquipmentGrp/BookValueAmt0177633
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0104669
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0282302
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02875739
IRS990ScheduleD/LandGrp/BookValueAmt031500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0237606
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0237606
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06456845
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06456845
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04014423
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06975813
IRS990ScheduleD/TotalExpensesPerForm990Amt02875739
IRS990ScheduleD/TotalRevenuePerForm990Amt04014423
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04014423
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02875739
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SOLICITATIONS ARE WRITTEN, AND THE POLICY IS INCLUDED ON ALL WRITTEN DOCUMENTATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT AWARD SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL IS THE RECIPIENT OF AWARDS AND REIMBURSEMENTS FROM VARIOUS FEDERAL, STATE, AND LOCAL SOURCES. THE AWARDS AND REIMBURSEMENTS ARE SUBJECT TO VARIOUS COMPLIANCE AND FINANCIAL AUDITS BY THE FUNDING SOURCE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT FORM 990 IS REVIEWED IN DETAIL BY MANAGEMENT AND THE BOARD OF TRUSTEES PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS MONITORED BY THE BOARD AND REVIEWED ANNUALLY. CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY A BOARD MEMBER FOR PROPRIETY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES REVIEWS AND EVALUATES THE PERFORMANCE OF THE HEAD OF SCHOOL ON AN ANNUAL BASIS. SALARIES FOR THE HEAD OF SCHOOL AND OTHER KEY EMPLOYEES ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$8,558,196
Liabilities
$6,153,331
Net assets
$2,404,865
Revenue
$4,014,423
Expenses
$2,875,739
Net income
$1,138,684
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$7.76$5.07$7.98$7.30$0.68
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$7.70$2.71$4.36$4.06$0.30
2021Detailed filing. Detailed filing data is available for this year.$8.56$6.15$2.40$4.01$2.88$1.14
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.18$0.75$1.88$1.76$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.09$0.62$0.87$0.24$0.62
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $5M-$10M nonprofits