Civic Intelligence

Icahn Charter School 5

990 • Fiscal year 2013 • EIN 90-0606791

Jul 01, 2012 to Jun 30, 2013 • Filed on May 15, 2014

767 Fifth AvenueSuite 470010153
Siviq Scores

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

Liabilities / Assets

76th percentile

0.45x

Higher debt load relative to assets than 76% of similar nonprofits.

2013 filings • NTEE B • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

92nd percentile

85%

Faster asset growth than 92% of similar nonprofits.

2013 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$973,440

Up $446,243 (+85%) from 2012

Net Assets

Up

$537,285

Up $237,441 (+79%) from 2012

Liabilities

Up

$436,155

Up $208,802 (+92%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,277,033

Up $797,154 (+54%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $527,197Liabilities 2012: $227,353Net Assets 2012: $299,8442012Assets 2013: $973,440Liabilities 2013: $436,155Net Assets 2013: $537,2852013Assets 2014: $976,642Liabilities 2014: $443,287Net Assets 2014: $533,3552014Assets 2015: $1,450,348Liabilities 2015: $569,198Net Assets 2015: $881,1502015Assets 2016: $1,844,885Liabilities 2016: $770,363Net Assets 2016: $1,074,5222016Assets 2017: $2,104,337Liabilities 2017: $822,169Net Assets 2017: $1,282,1682017Assets 2018: $2,800,915Liabilities 2018: $898,602Net Assets 2018: $1,902,3132018Assets 2019: $9,873,991Liabilities 2019: $1,035,930Net Assets 2019: $8,838,0612019Assets 2020: $10,118,104Liabilities 2020: $835,226Net Assets 2020: $9,282,8782020Assets 2021: $11,194,489Liabilities 2021: $1,199,837Net Assets 2021: $9,994,6522021Assets 2022: $11,065,152Liabilities 2022: $1,462,248Net Assets 2022: $9,602,9042022Assets 2023: $10,912,753Liabilities 2023: $1,046,496Net Assets 2023: $9,866,2572023

Highlighted filing

2013

Assets$973,440
Liabilities$436,155
Net Assets$537,285

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $1,779,723Expenses 2012: $1,479,879Net Income 2012: $299,8442012Expenses 2013: $2,277,0332013Revenue 2014: $2,719,650Expenses 2014: $2,723,580Net Income 2014: -$3,9302014Revenue 2015: $3,282,800Expenses 2015: $2,935,005Net Income 2015: $347,7952015Revenue 2016: $3,679,669Expenses 2016: $3,486,297Net Income 2016: $193,3722016Revenue 2017: $4,398,958Expenses 2017: $4,191,312Net Income 2017: $207,6462017Revenue 2018: $4,984,123Expenses 2018: $4,363,978Net Income 2018: $620,1452018Revenue 2019: $12,047,417Expenses 2019: $5,111,669Net Income 2019: $6,935,7482019Revenue 2020: $5,557,296Expenses 2020: $5,112,479Net Income 2020: $444,8172020Revenue 2021: $5,509,932Expenses 2021: $4,798,158Net Income 2021: $711,7742021Revenue 2022: $6,146,746Expenses 2022: $6,538,494Net Income 2022: -$391,7482022Revenue 2023: $6,775,160Expenses 2023: $6,483,044Net Income 2023: $292,1162023

Highlighted filing

2013

Revenue-
Expenses$2,277,033
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 15, 2014
Return Version
2012v2.3
Gross Receipts
$2,514,474
Mission and Program Overview

Mission

See schedule othe mission of icahn charter schools is to cultivate a climate of collaborative excellence among students, staff, families, and the community. Our four pillars of transformative education guide icahn educators as they adopt a holistic approach to teaching and learning that addresses the academic, social, and emotional needs of our students. The student-centered learning experience is defined through individualized learning environments that empower icahn students to take ownership of their education. Our core knowledge curriculum and instructional practices promote learning through innovation and creativity to meet the needs of our diverse learners. Through strategic partnerships among all stakeholders, icahn student graduate equipped with the skills, knowledge, and personal confidence to participate successfully in the most rigorous academic environments and demonstrate a sense of personal responsibility as global citizens.

Filing and Contact Details

Filer

EIN
90-0606791
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IRS990/MissionDescription0THE ICAHN CHARTER SCHOOL 5 USES A RIGOROUS ACADEMIC PROGRAM FOR GRADES K THROUGH 4 IN ORDER TO PREPARE THE STUDENTS WITH THE SKILLS AND KNOWLEDGE TO PARTICIPATE SUCCESSFULLY IN THE MOST RIGOROUS ACADEMIC ENVIRONMENTS, AND HAVE A SENSE OF PERSONAL AND COMMUNITY RESPONSIBILITY.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0ON JULY 1, 2011 THE CHARTER SCHOOL ADOPTED ACCOUNTING STANDARDS CODIFICATION ("ASC") 740 "INCOME TAXES." ASC 740 REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ADOPTION OF THIS GUIDANCE DID NOT HAVE AN IMPACT ON THE CHARTER SCHOOL'S FINANCIAL STATEMENTS, AS MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS WITHIN ITS FINANCIAL STATEMENTS. THE TAX YEARS ENDED 2010, 2011, 2012 AND 2013 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.
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IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1SCHEDULE D, PART XI, LN 4B & PART XII, LN 2D
IRS990ScheduleD/OtherExpensesIncluded0279
IRS990ScheduleD/OtherLandBuildings/BookValue027280
IRS990ScheduleD/OtherLandBuildings/Depreciation011612
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis038892
IRS990ScheduleD/OtherLiabilities/Amount019604
IRS990ScheduleD/OtherLiabilities/Description0OBLIGATION UNDER CAPITAL LEASE
IRS990ScheduleD/OtherRevenuesNotIncluded0-279
IRS990ScheduleD/RevenueNotRptdOnFinStmt0-279
IRS990ScheduleD/RevenueSubtotal02514753
IRS990ScheduleD/TotalExpensesPerForm99002277033
IRS990ScheduleD/TotalOfAmounts019604
IRS990ScheduleD/TotalOfBookValueLandBuildings0276062
IRS990ScheduleD/TotalRevenuePerForm99002514474
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt02277312
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt02514753
IRS990ScheduleE/ComplianceWithRevProc75500true
IRS990ScheduleE/DiscriminateRaceAdmissPolicies0false
IRS990ScheduleE/DiscriminateRaceAthleticProg0false
IRS990ScheduleE/DiscriminateRaceEducPolicies0false
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty0false
IRS990ScheduleE/DiscriminateRaceScholarships0false
IRS990ScheduleE/DiscriminateRaceStudentsRights0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$10.9$1.05$9.87$6.78$6.48$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$1.46$9.60$6.15$6.54$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$1.20$9.99$5.51$4.80$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.84$9.28$5.56$5.11$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.87$1.04$8.84$12.0$5.11$6.94
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$0.90$1.90$4.98$4.36$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.82$1.28$4.40$4.19$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.84$0.77$1.07$3.68$3.49$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.45$0.57$0.88$3.28$2.94$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.98$0.44$0.53$2.72$2.72$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.44$0.54$2.28
2012Summary only. Only limited summary data is available for this year.$0.53$0.23$0.30$1.78$1.48$0.30