Civic Intelligence

The Equity Project Charter School

990 • Fiscal year 2020 • EIN 90-0354470

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

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

50th percentile

0.36x

Higher debt load relative to assets than 50% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.27x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Net Margin

31st percentile

-1.2%

Higher net margin than 31% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$198,288

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Asset Growth

59th percentile

10%

Faster asset growth than 59% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

17%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$16,075,526

Up $1,491,252 (+10%) from 2019

Net Assets

Down

$10,216,877

Down $256,589 (-2.4%) from 2019

Liabilities

Up

$5,858,649

Up $1,747,841 (+43%) from 2019

Revenue

Up

$21,786,393

Up $3,111,015 (+17%) from 2019

Expenses

Up

$22,040,784

Up $3,560,400 (+19%) from 2019

Net Income

Down

-$254,391

Down $449,385 (-230%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$16,075,526
Liabilities$5,858,649
Net Assets$10,216,877

Operations Trend

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

2020

Revenue$21,786,393
Expenses$22,040,784
Net Income-$254,391
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.2
Gross Receipts
$21,786,393
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$4,450,638$4,342,367▼ $108,271
Pledges and Grants Receivable$389,685$1,277,430▲ $887,745
Savings and Temporary Cash Investments$456,647$1,187,118▲ $730,471
Cash and Non-Interest-Bearing Accounts$621,414$612,063▼ $9,351
Prepaid Expenses and Deferred Charges$104,288$93,887▼ $10,401
Accounts Receivable$33,099$38,158▲ $5,059
Total Assets$14,584,274$16,075,526▲ $1,491,252
Other Assets Total$137,613$133,613▼ $4,000
Liabilities
Other Liabilities$652,275$3,170,706▲ $2,518,431
Accounts Payable and Accrued Expenses$1,655,132$1,683,534▲ $28,402
Mortgage Notes Payable Secured by Investment Property$1,800,000$1,000,000▼ $800,000
Deferred Revenue$3,401$4,409▲ $1,008
Total Liabilities$4,110,808$5,858,649▲ $1,747,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,173,466$9,416,877▼ $756,589
Net Assets With Donor Restrictions$300,000$800,000▲ $500,000
Total Net Assets Fund Balance$10,473,466$10,216,877▼ $256,589
Total Liabilities and Net Assets / Fund Balance$14,584,274$16,075,526▲ $1,491,252

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,489,332$1,527,493$4,016,825
Equipment$1,515,973$1,378,024$2,893,997
Other Land Buildings$337,062$453,803$790,865
Investment Program Related Org$8,390,890--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Casey AshSchool DirectorFT$141,012$57,276$198,288
Joseph CarboneTeacherFT$120,768$43,751$164,519
Kofi WilsonTeacherFT$123,394$38,101$161,495
Alyson MorseTeacherFT$124,488$36,544$161,032
Nelson FerrerTeacherFT$124,039$27,666$151,705
Zeke VanderhoekPrincipal & FounderFT$111,408$24,454$135,862
Shelly GuptaChief Financial OfficerFT$121,540$4,185$125,725

Board Members and Trustees

NameTitle
David ColemanPresident
Laura TavorminaVice President/treasurer
Andrew BuherTrustee
Brooks ClarkTrustee
Sean JuanSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter Technology SolutionsTechnology129 20TH STREET STE 2, Brooklyn, NY 11232$520,622
Procida Construction CorporationConstruction456 EAST 173RD ST, Bronx, NY 10457$173,193
Executive Cleaning Services LLCCleaning460 NEW YORK AVE, Huntington, NY 11743$132,967
Jc Bus Transportation LLCTransportationPO BOX 767, Yonkers, NY 10704$110,950
Revenue and Support

Revenue Composition

Contributions and Grants
$1,963,235
Program Service Revenue
$19,675,367
Investment Income
$3,840
Other Revenue
$143,951
All Other Contributions
$582,921
Change in Net Assets
$-254,391

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$32,000Valuation
Total Noncash Contributions1$32,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,654,972
Revenue Not Reported on Financial Statements
$131,421
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$131,421
Total Revenue per Audited Statements
$21,654,972
Total Revenue per Form 990
$21,786,393
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,647,223
Other Expenses$6,393,561
Total Fundraising Expense$18,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,178,369$957,655$3,203$13,139,227
Occupancy$2,167,352$223,941-$2,391,293
Payroll Taxes$1,040,753$95,160$1,290$1,137,203
Depreciation Depletion$909,300$84,268-$993,568
Other Employee Benefits$818,491$74,838$1,015$894,344
Fees for Services Other$262,468$208,796$193$471,457
Information Technology$325,199$30,137-$355,336
Current Officers, Directors, Trustees, and Key Employees$102,894$165,268$12,023$280,185
Other Expenses$224,795$20,833-$245,628
Office Expenses$220,288$18,016$202$238,506
Pension Plan Contributions$179,618$16,423$223$196,264
Advertising$113,487$10,517-$124,004
Insurance$113,286$10,498-$123,784
All Other Expenses$90,588$12,856$51$103,495
Fees for Services Accounting-$97,111-$97,111
Interest$86,975$8,060-$95,035
Conferences and Meetings$14,797--$14,797
Travel$7,370$683-$8,053
Fees for Services Legal-$2,505-$2,505
Total Functional Expenses$19,984,808$2,037,776$18,200$22,040,784

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,040,784
Total Expenses per Audited Statements$21,911,561
Expenses per Audited Statements$21,909,363
Expenses Not Reported on Financial Statements$131,421
Other Expense Adjustments$131,421
Expenses Not Reported on Form 990$2,198
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
Paycheck Protection Program Loan Payable$2,570,485
Deferred Rent$537,086
Due to Related Party$63,135
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
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 (if any) 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. The comparable data used by the school is sector compensation information (available on the internet) and compensation analysis conducted by new york city charter center to establish officer's compensation. Compensation approval is documented in the minutes of the governing board. This process was last conducted in 2020.

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
2021-05-17
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
211
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 asset disposal -2,198.

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, 2017.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Reclass refund from tep charter school assistance, inc to part viii 131,421.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on asset disposal 2,198.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Reclass refund from tep charter school assistance, inc to part viii 131,421.

Raw XML AppendixShowing 400 of 653 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/BOYAmt01655132
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01683534
IRS990/AccountsReceivableGrp/BOYAmt033099
IRS990/AccountsReceivableGrp/EOYAmt038158
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDING A HIGH QUALITY EDUCATION TO LOW INCOME STUDENTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010517
IRS990/AdvertisingGrp/ProgramServicesAmt0113487
IRS990/AdvertisingGrp/TotalAmt0124004
IRS990/AllOtherContributionsAmt0582921
IRS990/AllOtherExpensesGrp/FundraisingAmt051
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012856
IRS990/AllOtherExpensesGrp/ProgramServicesAmt090588
IRS990/AllOtherExpensesGrp/TotalAmt0103495
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SHELLY GUPTA
IRS990/BooksInCareOfDetail/PhoneNum06462546451
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0549 AUDUBON AVENUE TRAILER 30
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010040
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0621414
IRS990/CashNonInterestBearingGrp/EOYAmt0612063
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt012023
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0165268
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0102894
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0280185
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt014797
IRS990/ConferencesMeetingsGrp/TotalAmt014797
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0520622
IRS990/ContractorCompensationGrp/CompensationAmt1173193
IRS990/ContractorCompensationGrp/CompensationAmt2132967
IRS990/ContractorCompensationGrp/CompensationAmt3110950
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0129 20TH STREET STE 2
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1456 EAST 173RD ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2460 NEW YORK AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 767
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BROOKLYN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BRONX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2HUNTINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3YONKERS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011232
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd110457
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd211743
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd310704
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CHARTER TECHNOLOGY SOLUTIONS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1PROCIDA CONSTRUCTION CORPORATION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2EXECUTIVE CLEANING SERVICES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3JC BUS TRANSPORTATION LLC
IRS990/ContractorCompensationGrp/ServicesDesc0TECHNOLOGY
IRS990/ContractorCompensationGrp/ServicesDesc1CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc2CLEANING
IRS990/ContractorCompensationGrp/ServicesDesc3TRANSPORTATION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01963235
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03840
IRS990/CYOtherExpensesAmt06393561
IRS990/CYOtherRevenueAmt0143951
IRS990/CYProgramServiceRevenueAmt019675367
IRS990/CYRevenuesLessExpensesAmt0-254391
IRS990/CYSalariesCompEmpBnftPaidAmt015647223
IRS990/CYTotalExpensesAmt022040784
IRS990/CYTotalFundraisingExpenseAmt018200
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt021786393
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt03401
IRS990/DeferredRevenueGrp/EOYAmt04409
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt084268
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0909300
IRS990/DepreciationDepletionGrp/TotalAmt0993568
IRS990/Desc0THE SCHOOL'S MISSION IS FOCUSED ON PROVIDING STUDENTS FROM LOW-INCOME FAMILIES WITH EQUAL ACCESS TO OUTSTANDING TEACHERS AS A MEANS OF ACHIEVING EDUCATIONAL EQUALITY. THE SCHOOL IS UNIQUELY FOCUSED ON ATTRACTING AND RETAINING MASTER TEACHERS. TO DO SO, THE SCHOOL USES A THREE-PRONGED STRATEGY OF RIGOROUS QUALIFICATIONS, REDEFINED EXPECTATIONS, AND REVOLUTIONARY COMPENSATION.CLASSES COMMENCED IN THE WASHINGTON HEIGHTS NEIGHBORHOOD OF NEW YORK CITY IN SEPTEMBER 2009 AND THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 958 STUDENTS IN GRADES KINDERGARTEN, FIRST, SECOND, THIRD AND FIFTH THROUGH EIGHTH DURING THE 2019-2020 ACADEMIC YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0300000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0800000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0211
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt019984808
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt097111
IRS990/FeesForServicesAccountingGrp/TotalAmt097111
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02505
IRS990/FeesForServicesLegalGrp/TotalAmt02505
IRS990/FeesForServicesOtherGrp/FundraisingAmt0193
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0208796
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0262468
IRS990/FeesForServicesOtherGrp/TotalAmt0471457
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt350.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt450.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt550.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt650.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt114.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt024684
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt111159
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210946
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt39389
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4511
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt524454
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt64185
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0CASEY ASH
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH CARBONE
IRS990/Form990PartVIISectionAGrp/PersonNm2KOFI WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm3ALYSON MORSE
IRS990/Form990PartVIISectionAGrp/PersonNm4NELSON FERRER
IRS990/Form990PartVIISectionAGrp/PersonNm5ZEKE VANDERHOEK
IRS990/Form990PartVIISectionAGrp/PersonNm6SHELLY GUPTA
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8LAURA TAVORMINA
IRS990/Form990PartVIISectionAGrp/PersonNm9SEAN JUAN
IRS990/Form990PartVIISectionAGrp/PersonNm10ANDREW BUHER
IRS990/Form990PartVIISectionAGrp/PersonNm11BROOKS CLARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0173604
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1153360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2150549
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3151643
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4151194
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5111408
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6121540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/TitleTxt0SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRINCIPAL & FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt01380314
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt021786393
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt060
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt030137
IRS990/InformationTechnologyGrp/ProgramServicesAmt0325199
IRS990/InformationTechnologyGrp/TotalAmt0355336
IRS990/InsuranceGrp/ManagementAndGeneralAmt010498
IRS990/InsuranceGrp/ProgramServicesAmt0113286
IRS990/InsuranceGrp/TotalAmt0123784
IRS990/InterestGrp/ManagementAndGeneralAmt08060
IRS990/InterestGrp/ProgramServicesAmt086975
IRS990/InterestGrp/TotalAmt095035
IRS990/InvestmentIncomeGrp/ExclusionAmt03840
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03840
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt08390890
IRS990/InvestmentsProgramRelatedGrp/EOYAmt08390890
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03359320
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04450638
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04342367
IRS990/LandBldgEquipCostOrOtherBssAmt07701687
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, 2ND, 3RD, 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/BOYAmt01800000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01000000
IRS990/NetAssetsOrFundBalancesBOYAmt010473466
IRS990/NetAssetsOrFundBalancesEOYAmt010216877
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010173466
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09416877
IRS990/NoncashContributionsAmt032000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0223941
IRS990/OccupancyGrp/ProgramServicesAmt02167352
IRS990/OccupancyGrp/TotalAmt02391293
IRS990/OfficeExpensesGrp/FundraisingAmt0202
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018016
IRS990/OfficeExpensesGrp/ProgramServicesAmt0220288
IRS990/OfficeExpensesGrp/TotalAmt0238506
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0137613
IRS990/OtherAssetsTotalGrp/EOYAmt0133613
IRS990/OtherChangesInNetAssetsAmt0-2198
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01015
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt074838
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0818491
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0894344
IRS990/OtherExpensesGrp/Desc0CURRICULUM & CLASSROOM
IRS990/OtherExpensesGrp/Desc1STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0211
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120833
IRS990/OtherExpensesGrp/ProgramServicesAmt0427525
IRS990/OtherExpensesGrp/ProgramServicesAmt1378922
IRS990/OtherExpensesGrp/ProgramServicesAmt2322331
IRS990/OtherExpensesGrp/ProgramServicesAmt3224795
IRS990/OtherExpensesGrp/TotalAmt0427525
IRS990/OtherExpensesGrp/TotalAmt1379133
IRS990/OtherExpensesGrp/TotalAmt2322331
IRS990/OtherExpensesGrp/TotalAmt3245628
IRS990/OtherLiabilitiesGrp/BOYAmt0652275
IRS990/OtherLiabilitiesGrp/EOYAmt03170706
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0REFUND FROM LEASE PAYMENT
IRS990/OtherRevenueMiscGrp/Desc1STUDENT DUES
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0131421
IRS990/OtherRevenueMiscGrp/ExclusionAmt17203
IRS990/OtherRevenueMiscGrp/ExclusionAmt25327
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0131421
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17203
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25327
IRS990/OtherRevenueTotalAmt0143951
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03203
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0957655
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012178369
IRS990/OtherSalariesAndWagesGrp/TotalAmt013139227
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01290
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt095160
IRS990/PayrollTaxesGrp/ProgramServicesAmt01040753
IRS990/PayrollTaxesGrp/TotalAmt01137203
IRS990/PensionPlanContributionsGrp/FundraisingAmt0223
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016423
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0179618
IRS990/PensionPlanContributionsGrp/TotalAmt0196264
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0389685
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01277430
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0104288
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt093887
IRS990/PrincipalOfficerNm0ZEKE VANDERHOEK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0GOV'T PER-PUPIL REV.
IRS990/ProgramServiceRevenueGrp/Desc1PRI-INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019551853
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1123514
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019551853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1123514
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0852409
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0528267
IRS990/PYInvestmentIncomeAmt09869
IRS990/PYOtherExpensesAmt05206890
IRS990/PYOtherRevenueAmt0785547
IRS990/PYProgramServiceRevenueAmt017027553
IRS990/PYRevenuesLessExpensesAmt0194994
IRS990/PYSalariesCompEmpBnftPaidAmt012745227
IRS990/PYTotalExpensesAmt018480384
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt018675378
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-254391
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt019675367
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0456647
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01187118
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/EquipmentGrp/BookValueAmt01515973
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01378024
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02893997
IRS990ScheduleD/ExpensesNotReportedAmt02198
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0131421
IRS990ScheduleD/ExpensesSubtotalAmt021909363
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt08390890
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PROGRAM RELATED LOAN
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02489332
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01527493
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04016825

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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