Civic Intelligence

Childrens Aid College Prep Charter School

EIN 90-0763840 • 501(c)3 • New York, NY

Profile

The children's aid college prep charter school is a children's aid society community school whose mission is to prepare elementary school students for success in middle school, high school, college and life by providing them with a rigorous instructional experience; addressing their physical, emotional and social needs; fostering a sense of pride and hope; and serving as a safe and engaging community hub.

117 W 124th StreetNew York, NY 10027

www.childrensaidcollegeprep.org

Siviq Scores

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

Liabilities / Assets

55th percentile

0.75x

Higher debt load relative to assets than 55% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.15x

Higher debt load relative to revenue than 24% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Source year 2024

Net Margin

24th percentile

-6.1%

Higher net margin than 24% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$240,995

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

NTEE B29 • $10M-$25M nonprofits • Source year 2024

Asset Growth

3rd percentile

-26%

Faster asset growth than 3% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-1.5%

Faster revenue growth than 23% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,288,611

Down $1,182,808 (-26%) from 2023

Liabilities

Down

$2,464,980

Down $184,446 (-7.0%) from 2023

Net Assets

Down

$823,631

Down $998,362 (-55%) from 2023

Revenue

Down

$16,360,387

Down $247,530 (-1.5%) from 2023

Expenses

Down

$17,358,749

Down $1,198,164 (-6.5%) from 2023

Net Income

Up

-$998,362

Up $950,634 (+49%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $84,930Liabilities 2012: $128,0732012Assets 2013: $966,775Liabilities 2013: $232,211Net Assets 2013: $734,5642013Assets 2014: $1,153,673Liabilities 2014: $472,664Net Assets 2014: $681,0092014Assets 2015: $1,816,389Liabilities 2015: $1,066,414Net Assets 2015: $749,9752015Assets 2016: $2,390,327Liabilities 2016: $861,417Net Assets 2016: $1,528,9102016Assets 2017: $3,366,844Liabilities 2017: $1,594,734Net Assets 2017: $1,772,1102017Assets 2018: $5,114,427Liabilities 2018: $2,689,186Net Assets 2018: $2,425,2412018Assets 2019: $5,351,023Liabilities 2019: $1,995,247Net Assets 2019: $3,355,7762019Assets 2020: $7,605,578Liabilities 2020: $4,380,656Net Assets 2020: $3,224,9222020Assets 2021: $6,979,962Liabilities 2021: $3,643,526Net Assets 2021: $3,336,4362021Assets 2022: $6,539,539Liabilities 2022: $2,768,550Net Assets 2022: $3,770,9892022Assets 2023: $4,471,419Liabilities 2023: $2,649,426Net Assets 2023: $1,821,9932023Assets 2024: $3,288,611Liabilities 2024: $2,464,980Net Assets 2024: $823,6312024

Highlighted filing

2024

Assets$3,288,611
Liabilities$2,464,980
Net Assets$823,631

Operations Trend

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

$20M$10M$0-$10MRevenue 2012: $100,498Expenses 2012: $143,641Net Income 2012: -$43,1432012Revenue 2013: $3,023,329Expenses 2013: $2,587,922Net Income 2013: $435,4072013Revenue 2014: $3,636,424Expenses 2014: $3,689,979Net Income 2014: -$53,5552014Revenue 2015: $5,195,533Expenses 2015: $5,126,567Net Income 2015: $68,9662015Revenue 2016: $5,637,790Expenses 2016: $4,858,855Net Income 2016: $778,9352016Revenue 2017: $7,008,655Expenses 2017: $6,765,455Net Income 2017: $243,2002017Revenue 2018: $9,669,699Expenses 2018: $9,016,568Net Income 2018: $653,1312018Revenue 2019: $12,207,261Expenses 2019: $11,276,726Net Income 2019: $930,5352019Revenue 2020: $12,914,203Expenses 2020: $13,270,338Net Income 2020: -$356,1352020Revenue 2021: $14,471,900Expenses 2021: $14,360,386Net Income 2021: $111,5142021Revenue 2022: $15,918,273Expenses 2022: $15,483,720Net Income 2022: $434,5532022Revenue 2023: $16,607,917Expenses 2023: $18,556,913Net Income 2023: -$1,948,9962023Revenue 2024: $16,360,387Expenses 2024: $17,358,749Net Income 2024: -$998,3622024

Highlighted filing

2024

Revenue$16,360,387
Expenses$17,358,749
Net Income-$998,362

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$2.46$0.82$16.4$17.4$1.00
2023Summary only. Only limited summary data is available for this year.$4.47$2.65$1.82$16.6$18.6$1.95
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$2.77$3.77$15.9$15.5$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.98$3.64$3.34$14.5$14.4$0.11
2020Summary only. Only limited summary data is available for this year.$7.61$4.38$3.22$12.9$13.3$0.36
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$2.00$3.36$12.2$11.3$0.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.11$2.69$2.43$9.67$9.02$0.65
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$1.59$1.77$7.01$6.77$0.24
2016Summary only. Only limited summary data is available for this year.$2.39$0.86$1.53$5.64$4.86$0.78
2015Detailed filing. Detailed filing data is available for this year.$1.82$1.07$0.75$5.20$5.13$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.47$0.68$3.64$3.69$0.05
2013Summary only. Only limited summary data is available for this year.$0.97$0.23$0.73$3.02$2.59$0.44
2012Summary only. Only limited summary data is available for this year.$0.08$0.13$0.10$0.14$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$16,360,387
Mission and Program Overview

Mission

The children's aid college prep charter school is a children's aid society community school whose mission is to prepare elementary school students for success in middle school, high school, college and life by providing them with a rigorous instructional experience; addressing their physical, emotional and social needs; fostering a sense of pride and hope; and serving as a safe and engaging community hub.

Prepare elementary & middle school students for success in high school, college & life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,740,416$1,621,178▼ $119,238
Pledges and Grants Receivable$2,464,821$1,309,215▼ $1,155,606
Prepaid Expenses and Deferred Charges$91,073$270,803▲ $179,730
Land, Buildings, and Equipment, Net$140,361$86,915▼ $53,446
Cash and Non-Interest-Bearing Accounts$500$500→ $0
Total Assets$4,471,419$3,288,611▼ $1,182,808
Other Assets Total$34,248$0▼ $34,248
Liabilities
Accounts Payable and Accrued Expenses$1,635,233$1,326,801▼ $308,432
Other Liabilities$812,593$924,259▲ $111,666
Deferred Revenue$201,600$213,920▲ $12,320
Total Liabilities$2,649,426$2,464,980▼ $184,446
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,321,993$573,631▼ $748,362
Net Assets With Donor Restrictions$500,000$250,000▼ $250,000
Total Net Assets Fund Balance$1,821,993$823,631▼ $998,362
Total Liabilities and Net Assets / Fund Balance$4,471,419$3,288,611▼ $1,182,808

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$86,915$793,683$880,598
Leasehold Improvements$0$57,569$57,569
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Drema BrownHead of SchoolFT$217,815$23,180$240,995
Casey VierPrincipalFT$218,370$4,562$222,932
Robin FleshmanMiddle School PrincipalFT$194,066$16,093$210,159
Leron BarrinoDean of StudentsFT$157,080$13,931$171,011
Meenu JagtianiAcademic Dean for Middle SchoolFT$145,317-$145,317
Neelawattie ArjoonInterventionistFT$135,121$1,453$136,574

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Quad-c Le Holdings LLCStaffingPO BOX 18228, Palatine, IL 60055-8228$313,468
The Achievement Network LtdEducation ManagementPO BOX 83444, Boston, MA 02284$125,250
77 Deerhurst CorpMaintenance1315 BLONDELL AVENUE, Bronx, NY 10461$116,118
Wilson Language Training CorpEducation ManagementPO BOX 3150, Worcester, MA 01613-3150$105,195
Revenue and Support

Revenue Composition

Contributions and Grants
$883,685
Program Service Revenue
$15,390,620
Investment Income
$46,874
Other Revenue
$39,208
All Other Contributions
$883,685
Change in Net Assets
$-998,362

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,360,387
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$423,695
Total Revenue per Audited Statements
$16,784,082
Total Revenue per Form 990
$16,360,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,308,536
Other Expenses$7,050,213
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,358,725--$8,358,725
Fees for Services Management$1,755,970$1,067,812-$2,823,782
Occupancy$2,134,111--$2,134,111
Other Employee Benefits$956,963--$956,963
Payroll Taxes$644,237--$644,237
Fees for Services Other$265,245--$265,245
Current Officers, Directors, Trustees, and Key Employees$235,702--$235,702
Office Expenses$183,937--$183,937
All Other Expenses$167,365$2,670-$170,035
Information Technology$124,287--$124,287
Insurance$123,231--$123,231
Pension Plan Contributions$112,909--$112,909
Other Expenses$81,949--$81,949
Depreciation Depletion$64,596--$64,596
Fees for Services Accounting-$56,764-$56,764
Fees for Services Legal-$7,633-$7,633
Total Functional Expenses$16,223,870$1,134,879$0$17,358,749

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,782,444
Expenses per Audited Statements$17,358,749
Total Expenses per Form 990$17,358,749
Expenses Not Reported on Form 990$423,695
Expenses Not Reported on Financial Statements$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliated Party$924,259
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
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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 form 990 was prepared by a national accounting firm in conjunction with the organization's management. A copy of the draft form 990 was presented to the finance and audit committee for discussion and comment. Once approved, a copy is then circulated to the full board. Each board member is provided opportunity to comment on the information contained in the form 990 prior to its filing with the internal revenue service.

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

Each officer and trustee is required to annually disclose any conflicts that arise by virtue of employment, board service or position with the organization. The organization monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. Form 990, part vi, section b, line 14: the children's aid charter school operates under the document retention policy of its affiliated organization, the children's aid society.

Form 990, Part VI, Section B, Line 15A

The charter school undertakes a thorough process to ensure that the compensation it pays to the head of school is reasonable, given the market in which the school operates. The board of trustees reviews the compensation for all charter school employees and makes recommendations on salary and bonuses based on their having achieved certain performance criteria. Compensation decisions are documented in the appropriate committee minutes. Compensation reported for the head of school, drema brown, was paid by an unrelated affiliated organization, the children's aid society. Form 990 requirements necessitate that ms. Brown's compensation is reported in part vii, column d (as though paid by the charter school).

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 and financial statements available to the public on its website and by retaining a copy at its place of business. The organization's governing documents and conflict of interest policy are available upon request and at management's discretion.

Filing and Contact Details

Filer

Filer Name
CHILDREN'S AID COLLEGE PREP CHARTER
EIN
90-0763840
Phone
3478719002
Address
117 W 124TH STREET, NEW YORK, NY 10027

Signing Officer

Name
Drema Brown
Title
Head of School
Phone
3478719002
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drema Brown
Formed
2011
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
117
Volunteers
9

Preparer

Firm
Grant Thornton Advisors LLC
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Children's aid college prep charter school is a children's aid community school whose mission is to prepare elementary and middle school students for success in high school, college, and life by providing them with a rigorous instructional experience; addressing their physical, emotional, and social needs while, fostering a sense of pride and hope; and serving as a safe and engaging community hub.

Form 990, Part III, Line 4A

The vision of children's aid college prep charter school is to ensure that all children have the opportunity to achieve the american dream. We believe that college graduation will provide our students the best opportunities to live the life of their dreams. By fostering each child's holistic development early in their academic careers, through promoting learning and cognitive development, social and emotional skills development, and health and wellness supported by meaningful parent or caregiver engagement, children's aid college prep charter school will put its students on the path to college success. We use a research-based comprehensive approach designed to improve student outcomes and foster high academic achievement, which underpins our whole child approach to education. Our framework: strategic teachers and professional development: our school's professional culture is one of collaborative learning and support, which facilitates the development of our teachers' expertise in strategic instruction as they work together to master new strategies and refine their practice. Cacpcs prioritizes a rigorous classroom environment, co-teaching, an extended school day and school year, afterschool, summer camp, enrichment opportunities, and comprehensive student supports such as mental and social-emotional well-being services, parent engagement, support for families, and medical, dental and vision services through children's aid or other community-based organizations. Deeper learning: curriculum and assessment our rigorous curriculum is aligned with new york state's next generation learning standards, and is designed to promote higher-order thinking, content mastery, and the transference of learning. Teachers, with the guidance of school leadership and support of their colleagues, reflect on and identify the key concepts they want students to understand and determine the evidence they will use to measure the extent to which students are mastering the desired knowledge and skills. Lesson plans incorporate five episodes of effective instruction: 1) preparing students for new learning; 2) presenting new learning; 3) deepening and reinforcing new learning; 4) applying learning; and 5) reflecting on and celebrating new learning. Co-teaching: cacpcs leverages the strengths of the thoughtful classroom instructional framework with a co-teaching staffing structure consisting of two teachers assigned to each class. Co-teaching provides our students with numerous opportunities for small group and individual support during the school day which is particularly supportive of very young students, students with disabilities and english language learners. Comprehensive student supports: life coaching: the goal of life coaching is to provide students, staff, and parents with the coordinated and whole-school supports needed to address key barriers to learning. The life coach is the central staff member delivering a set of programmatic prevention, intervention, and enrichment strategies designed to support the holistic development of the students. Children's aid-linked health and mental health services: children's aid community school staff help families connect to medical, vision, dental, or mental health services provided at children's aid's nearby licensed medical clinic or at other local providers. Children's aid health and wellness division also provides students and their caregivers with workshops and trainings focused on healthy living (e.g. Nutrition education, family life and sex education, asthma workshops). In addition, cacpcs's new elementary school building at 1232 southern boulevard, bronx, new york, includes a medical suite for a nurse and visiting practitioners (e.g., vision and dental screening) while also providing a dedicated space for therapeutic activities. Community and parent engagement and support for families: cacpcs is a place where families and the larger community are embraced as pivotal players in the success of their childre

FORM 990, PART XII, LINE 2C:

The full board of trustees assumes oversight of the audit review, compilation of its financial statements and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The charter school follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The charter school is exempt from federal income tax under the code section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The charter school has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. The charter school has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements for the years ended june 30, 2024 and 2023.

Raw XML AppendixShowing 400 of 608 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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