Civic Intelligence

The Equity Project Charter School

990 • Fiscal year 2018 • EIN 90-0354470

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

Organization ProfileWWW.TEPCHARTER.ORG

View Organization Page

549 Audubon Avenue Trailer 30New York, NY 10040

(646) 254-6451

Siviq Scores

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

Liabilities / Assets

44th percentile

0.27x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.25x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Net Margin

16th percentile

-6.3%

Higher net margin than 16% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

47th percentile

$162,017

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Asset Growth

23rd percentile

-3.2%

Faster asset growth than 23% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

3.3%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$14,037,943

Down $466,405 (-3.2%) from 2017

Net Assets

Down

$10,278,472

Down $954,039 (-8.5%) from 2017

Liabilities

Up

$3,759,471

Up $487,634 (+15%) from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin16th percentile

Revenue

Up

$15,082,797

Up $476,646 (+3.3%) from 2017

Expenses

Up

$16,031,862

Up $996,603 (+6.6%) from 2017

Net Income

Down

-$949,065

Down $519,957 (-121%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$60M$40M$20M$0Assets 2010: $872,064Liabilities 2010: $342,089Net Assets 2010: $529,9752010Assets 2011: $2,438,567Liabilities 2011: $490,927Net Assets 2011: $1,947,6402011Assets 2012: $3,122,462Liabilities 2012: $430,261Net Assets 2012: $2,692,2012012Assets 2013: $4,501,262Liabilities 2013: $599,271Net Assets 2013: $3,901,9912013Assets 2014: $5,514,844Liabilities 2014: $618,122Net Assets 2014: $4,896,7222014Assets 2015: $9,853,513Liabilities 2015: $661,560Net Assets 2015: $9,191,9532015Assets 2016: $12,614,076Liabilities 2016: $952,457Net Assets 2016: $11,661,6192016Assets 2017: $14,504,348Liabilities 2017: $3,271,837Net Assets 2017: $11,232,5112017Assets 2018: $14,037,943Liabilities 2018: $3,759,471Net Assets 2018: $10,278,4722018Assets 2019: $14,584,274Liabilities 2019: $4,110,808Net Assets 2019: $10,473,4662019Assets 2020: $16,075,526Liabilities 2020: $5,858,649Net Assets 2020: $10,216,8772020Assets 2021: $16,389,724Liabilities 2021: $5,587,041Net Assets 2021: $10,802,6832021Assets 2022: $16,781,365Liabilities 2022: $2,516,124Net Assets 2022: $14,265,2412022Assets 2023: $51,606,413Liabilities 2023: $36,748,957Net Assets 2023: $14,857,4562023Assets 2024: $27,492,634Liabilities 2024: $18,935,541Net Assets 2024: $8,557,0932024

Highlighted filing

2018

Assets$14,037,943
Liabilities$3,759,471
Net Assets$10,278,472
Open 2018 Filing

Operations Trend

Revenue Growth43rd percentile

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

$40M$20M$0-$20MExpenses 2010: $2,292,1342010Revenue 2011: $5,353,030Expenses 2011: $3,935,365Net Income 2011: $1,417,6652011Expenses 2012: $5,672,5772012Expenses 2013: $7,125,8892013Revenue 2014: $8,370,140Expenses 2014: $7,375,409Net Income 2014: $994,7312014Revenue 2015: $11,831,539Expenses 2015: $7,536,308Net Income 2015: $4,295,2312015Revenue 2016: $10,812,098Expenses 2016: $8,304,782Net Income 2016: $2,507,3162016Revenue 2017: $14,606,151Expenses 2017: $15,035,259Net Income 2017: -$429,1082017Revenue 2018: $15,082,797Expenses 2018: $16,031,862Net Income 2018: -$949,0652018Revenue 2019: $18,675,378Expenses 2019: $18,480,384Net Income 2019: $194,9942019Revenue 2020: $21,786,393Expenses 2020: $22,040,784Net Income 2020: -$254,3912020Revenue 2021: $23,725,207Expenses 2021: $23,139,401Net Income 2021: $585,8062021Revenue 2022: $28,143,929Expenses 2022: $24,669,981Net Income 2022: $3,473,9482022Revenue 2023: $26,715,118Expenses 2023: $25,847,903Net Income 2023: $867,2152023Revenue 2024: $28,409,479Expenses 2024: $34,684,432Net Income 2024: -$6,274,9532024

Highlighted filing

2018

Revenue$15,082,797
Expenses$16,031,862
Net Income-$949,065
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$15,082,797
Mission and Program Overview

Mission

The equity project charter school (the "school") is a school serving kg, 1st, 2nd, 5th, 6th, 7th, and 8th grades in the washington heights neighborhood of new york city. The school believes that teacher quality is the most important factor in achieving educational equity for low income students. Spurred by this belief, the school reallocates its public funds by making an unprecedented investment in attracting and retaining great teachers.

Providing a high quality education to low income students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$8,390,890$8,390,890→ $0
Land, Buildings, and Equipment, Net$3,570,954$3,655,517▲ $84,563
Pledges and Grants Receivable$1,290,335$1,028,616▼ $261,719
Cash and Non-Interest-Bearing Accounts$568,132$337,276▼ $230,856
Savings and Temporary Cash Investments$34,045$190,427▲ $156,382
Prepaid Expenses and Deferred Charges$385,807$159,689▼ $226,118
Other Notes and Loans Receivable, Net$29,638$42,624▲ $12,986
Accounts Receivable$32,903$30,876▼ $2,027
Total Assets$14,504,348$14,037,943▼ $466,405
Other Assets Total$201,644$202,028▲ $384
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,217,369$1,800,000▲ $582,631
Accounts Payable and Accrued Expenses$1,580,396$1,447,896▼ $132,500
Other Liabilities$463,622$511,575▲ $47,953
Deferred Revenue$10,450$0▼ $10,450
Total Liabilities$3,271,837$3,759,471▲ $487,634
Net Assets / Fund Balance
Unrestricted Net Assets$10,436,261$9,728,472▼ $707,789
Temporarily Rstr Net Assets$796,250$550,000▼ $246,250
Total Net Assets Fund Balance$11,232,511$10,278,472▼ $954,039
Total Liabilities and Net Assets / Fund Balance$14,504,348$14,037,943▼ $466,405

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,196,538$629,973$3,826,511
Equipment$316,439$879,117$1,195,556
Other Land Buildings$142,540$243,264$385,804
Investment Program Related Org$8,390,890--
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Casey AshMiddle School DirectorFT$118,967$43,050$162,017
Joseph Carbone5th Grade TeacherFT$121,807$33,943$155,750
Jason Skeeter5th Grade TeacherFT$121,037$33,861$154,898
Benjamin Eller7th Grade TeacherFT$144,104$5,815$149,919
Alyson Morse7th Grade TeacherFT$142,961$415$143,376
Shelly GuptaDirector of Finance & OperationsFT$121,540$4,031$125,571
Zeke VanderhoekPrincipal & FounderFT$98,694$21,027$119,721

Board Members and Trustees

NameTitle
David ColemanPresident
Laura TavorminaVice President/treasurer
Andrew BuherTrustee
Brooks ClarkTrustee
Nicole Rodriguez LeachTrustee (thru 3/2018)
Crystal HarmonTrustee (thru 7/2017)
Sean JuanSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Eci ContractingConstruction Services734 S COLUMBUS AVENUE, Mount Vernon, NY 10550$1,427,981
Charter Technology SolutionsTechnology Consultants129 20TH STREET, Brooklyn, NY 11232$278,567
Loci Architecture PCArchitect Services594 BROADWAY ROOM 506, New York, NY 10012-3257$164,665
Delta Strategic SolutionsSecurity ServicesONE FULTON AVE STE 120, Hempstead, NY 11550$156,997
Master DevelopmentConstruction Services117 STORER AVE, New Rochelle, NY 10801$156,500
Revenue and Support

Revenue Composition

Contributions and Grants
$1,067,375
Program Service Revenue
$13,982,350
Investment Income
$7,906
Other Revenue
$25,166
All Other Contributions
$327,430
Change in Net Assets
$-949,065

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$274,082Avg. Selling Price
Total Noncash Contributions1$274,082-

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,082,797
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-4,974
Total Revenue per Audited Statements
$15,077,823
Total Revenue per Form 990
$15,082,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,862,561
Other Expenses$3,648,650
Grants and Similar Amounts Paid$1,520,651
Total Fundraising Expense$98,036
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,395,856$707,540$79,252$9,182,648
Grants to Domestic Orgs$1,520,651--$1,520,651
Occupancy$828,641$76,659-$905,300
Payroll Taxes$729,526$61,479$6,886$797,891
Depreciation Depletion$675,124$62,358-$737,482
Other Employee Benefits$433,143$36,502$4,088$473,733
Fees for Services Other$204,432$160,042-$364,474
Current Officers, Directors, Trustees, and Key Employees$248,203$20,918$2,343$271,464
Information Technology$207,801$19,194-$226,995
Office Expenses$200,907$17,154$1,637$219,698
Pension Plan Contributions$125,101$10,543$1,181$136,825
Insurance$83,645$7,606-$91,251
Advertising$74,827$6,911-$81,738
Other Expenses$73,372$2,867-$76,239
All Other Expenses$21,492$15,004$2,649$39,145
Fees for Services Accounting-$23,250-$23,250
Fees for Services Legal-$5,599-$5,599
Total Functional Expenses$14,681,548$1,252,278$98,036$16,031,862

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,031,862
Total Expenses per Audited Statements$16,031,862
Total Expenses per Form 990$16,031,862
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tep Charter School Assistance IncNew York, NY(c)(4)Facility Development$1,520,651
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
Deferred Rent$511,575
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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 equity project charter school has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management, the finance and audit committees, and is ready to be filed with the internal revenue service, it is electronically sent to the board members of the organization for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

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

“The school shares its conflict of interest policy with board members and officers as part of their regular meetings. Officers, directors, and key employees are expected to declare if at any point a conflict of interest arises. If a potential conflict were to arise, the interested person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The governing board's decision as to whether a potential conflict of interest exists is documented in the minutes of the board. In addition, the board of trustees are required to sign an annual conflict of interest disclosure form.”

Form 990, Part VI, Section B, Line 15

“The organization's compensation committee uses comparable data to determine the compensation of officers and key employees. Compensation approval is documented in the minutes of the governing board.”

Form 990, Part VI, Section C, Line 19

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are available upon written request at 549 audubon avenue, trailer 30, new york, ny 10040, or by calling the organization directly at (646)254-6451.”

Filing and Contact Details

Filer

Filer Name
The Equity Project Charter School
EIN
90-0354470
Phone
6462546451
Address
549 AUDUBON AVENUE TRAILER 30, NEW YORK, NY 10040

Signing Officer

Name
Zeke Vanderhoek
Title
Principal and Founder
Phone
6462546451
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zeke Vanderhoek
Formed
2008
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
161
Volunteers
5

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
665 FIFTH AVENUE, NEW YORK, NY 10022
Preparer
Garrett M Higgins
Phone
2122862600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Loss on disposal of assets -4,974.”

FORM 990, PART XII, LINE 2C:

“The school has a finance and audit committee that is responsible for oversight of the audit and selection of the independent auditor.”

Financial Statement Notes

PART X, LINE 2:

“The school recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the school had no uncertain tax positions that would require financial statement recognition or disclosure. The school is no longer subject to examinations by the applicable taxing jurisdictions for years prior to june 30, 2015.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on disposal of asset -4,974.”

Raw XML AppendixShowing 400 of 630 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt721027
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt84031
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt911499
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt105815
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1112682
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1220606
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt13415
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1LAURA TAVORMINA
IRS990/Form990PartVIISectionAGrp/PersonNm2SEAN JUAN
IRS990/Form990PartVIISectionAGrp/PersonNm3BROOKS CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm4NICOLE RODRIGUEZ LEACH
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREW BUHER
IRS990/Form990PartVIISectionAGrp/PersonNm6CRYSTAL HARMON
IRS990/Form990PartVIISectionAGrp/PersonNm7ZEKE VANDERHOEK
IRS990/Form990PartVIISectionAGrp/PersonNm8SHELLY GUPTA
IRS990/Form990PartVIISectionAGrp/PersonNm9JOSEPH CARBONE
IRS990/Form990PartVIISectionAGrp/PersonNm10BENJAMIN ELLER
IRS990/Form990PartVIISectionAGrp/PersonNm11JASON SKEETER
IRS990/Form990PartVIISectionAGrp/PersonNm12CASEY ASH
IRS990/Form990PartVIISectionAGrp/PersonNm13ALYSON MORSE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt798694
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8121540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9144251
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10144104
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11142216
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12141411
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13142961
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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE (THRU 3/2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE (THRU 7/2017)
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRINCIPAL & FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF FINANCE & OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt95TH GRADE TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt107TH GRADE TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt115TH GRADE TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MIDDLE SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt137TH GRADE TEACHER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0739945
IRS990/GrantAmt01520651
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01520651
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01520651
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt015082797
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt039
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt019194
IRS990/InformationTechnologyGrp/ProgramServicesAmt0207801
IRS990/InformationTechnologyGrp/TotalAmt0226995
IRS990/InsuranceGrp/ManagementAndGeneralAmt07606
IRS990/InsuranceGrp/ProgramServicesAmt083645
IRS990/InsuranceGrp/TotalAmt091251
IRS990/InvestmentIncomeGrp/ExclusionAmt07906
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07906
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt08390890
IRS990/InvestmentsProgramRelatedGrp/EOYAmt08390890
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01752354
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03570954
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03655517
IRS990/LandBldgEquipCostOrOtherBssAmt05407871
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE EQUITY PROJECT CHARTER SCHOOL (THE "SCHOOL") IS A SCHOOL SERVING KG, 1ST, 5TH, 6TH, 7TH, AND 8TH GRADES IN THE WASHINGTON HEIGHTS NEIGHBORHOOD OF NEW YORK CITY. THE SCHOOL BELIEVES THAT TEACHER QUALITY IS THE MOST IMPORTANT FACTOR IN ACHIEVING EDUCATIONAL EQUITY FOR LOW INCOME STUDENTS. SPURRED BY THIS BELIEF, THE SCHOOL REALLOCATES ITS PUBLIC FUNDS BY MAKING AN UNPRECEDENTED INVESTMENT IN ATTRACTING AND RETAINING GREAT TEACHERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01217369
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01800000
IRS990/NetAssetsOrFundBalancesBOYAmt011232511
IRS990/NetAssetsOrFundBalancesEOYAmt010278472
IRS990/NetUnrelatedBusTxblIncmAmt026364
IRS990/NoncashContributionsAmt0274082
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt076659
IRS990/OccupancyGrp/ProgramServicesAmt0828641
IRS990/OccupancyGrp/TotalAmt0905300
IRS990/OfficeExpensesGrp/FundraisingAmt01637
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017154
IRS990/OfficeExpensesGrp/ProgramServicesAmt0200907
IRS990/OfficeExpensesGrp/TotalAmt0219698
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0201644
IRS990/OtherAssetsTotalGrp/EOYAmt0202028
IRS990/OtherChangesInNetAssetsAmt0-4974
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04088
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036502
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0433143
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0473733
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1CURRICULUM & CLASSROOM
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02909
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115743
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22867
IRS990/OtherExpensesGrp/ProgramServicesAmt0345445
IRS990/OtherExpensesGrp/ProgramServicesAmt1342935
IRS990/OtherExpensesGrp/ProgramServicesAmt2170447
IRS990/OtherExpensesGrp/ProgramServicesAmt373372
IRS990/OtherExpensesGrp/TotalAmt0348354
IRS990/OtherExpensesGrp/TotalAmt1342935
IRS990/OtherExpensesGrp/TotalAmt2186190
IRS990/OtherExpensesGrp/TotalAmt376239
IRS990/OtherLiabilitiesGrp/BOYAmt0463622
IRS990/OtherLiabilitiesGrp/EOYAmt0511575
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0STUDENT DUES
IRS990/OtherRevenueMiscGrp/ExclusionAmt025166
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025166
IRS990/OtherRevenueTotalAmt025166
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt079252
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0707540
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08395856
IRS990/OtherSalariesAndWagesGrp/TotalAmt09182648
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt029638
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt042624
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06886
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt061479
IRS990/PayrollTaxesGrp/ProgramServicesAmt0729526
IRS990/PayrollTaxesGrp/TotalAmt0797891
IRS990/PensionPlanContributionsGrp/FundraisingAmt01181
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010543
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0125101
IRS990/PensionPlanContributionsGrp/TotalAmt0136825
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01290335
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01028616
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0385807
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0159689
IRS990/PrincipalOfficerNm0ZEKE VANDERHOEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/Desc1PRI-INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013858836
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1123514
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013858836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1123514
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03572518
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03789289
IRS990/PYInvestmentIncomeAmt010166
IRS990/PYOtherExpensesAmt02660918
IRS990/PYOtherRevenueAmt014854
IRS990/PYProgramServiceRevenueAmt011008613
IRS990/PYRevenuesLessExpensesAmt0-429108
IRS990/PYSalariesCompEmpBnftPaidAmt08585052
IRS990/PYTotalExpensesAmt015035259
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014606151
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-949065
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt013982350
IRS990/SavingsAndTempCashInvstGrp/BOYAmt034045
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0190427
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0316439
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0879117
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01195556
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016031862
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt08390890
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PROGRAM RELATED LOAN
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03196538
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0629973
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03826511

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$14,037,943
Liabilities
$3,759,471
Net assets
$10,278,472
Revenue
$15,082,797
Expenses
$16,031,862
Net income
-$949,065
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.5$18.9$8.56$28.4$34.7$6.27
2023Detailed filing. Detailed filing data is available for this year.$51.6$36.7$14.9$26.7$25.8$0.87
2022Detailed filing. Detailed filing data is available for this year.$16.8$2.52$14.3$28.1$24.7$3.47
2021Detailed filing. Detailed filing data is available for this year.$16.4$5.59$10.8$23.7$23.1$0.59
2020Detailed filing. Detailed filing data is available for this year.$16.1$5.86$10.2$21.8$22.0$0.25
2019Detailed filing. Detailed filing data is available for this year.$14.6$4.11$10.5$18.7$18.5$0.19
2018Detailed filing. Detailed filing data is available for this year.$14.0$3.76$10.3$15.1$16.0$0.95
2017Detailed filing. Detailed filing data is available for this year.$14.5$3.27$11.2$14.6$15.0$0.43
2016Detailed filing. Detailed filing data is available for this year.$12.6$0.95$11.7$10.8$8.30$2.51
2015Detailed filing. Detailed filing data is available for this year.$9.85$0.66$9.19$11.8$7.54$4.30
2014Detailed filing. Detailed filing data is available for this year.$5.51$0.62$4.90$8.37$7.38$0.99
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$0.60$3.90$7.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.43$2.69$5.67
2011Summary only. Only limited summary data is available for this year.$2.44$0.49$1.95$5.35$3.94$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.34$0.53$2.29