LITTLE RED SCHOOL HOUSE INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LITTLE RED SCHOOL HOUSE INC (EIN 13-5562268)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-02-08
- IRS object ID
- 202410399349300946
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-02-08T14:12:32-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WithumSmithBrown PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE TOWER CENTER BLVD 14TH FL | AddressLine1Txt |
| City | EAST BRUNSWICK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08816 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562268 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LITTLE RED SCHOOL HOUSE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JOSHUA MARKS | InCareOfNm |
| Business Name Control | LITT | BusinessNameControlTxt |
| Phone | 2124775316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 CHARLTON STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSHUA MARKS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2124775316 | PhoneNum |
| Signature | 2024-02-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOSHUA | PersonFirstNm |
| Person Last | MARKS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Catherine Bendall | PreparerPersonNm |
| PTIN | P00521196 | PTIN |
| Phone | 7328281614 | PhoneNum |
| Preparation | 2024-02-05 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PHIL KASSEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 CHARLTON STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,112,950 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LREI.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1932 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | A leader in progressive education since 1921, LREI teaches children to be independent thinkers who work together to solve complex problems. See Schedule O for full statement. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 293 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $5,182,180 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,421,670 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,237,812 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,463,407 | CYProgramServiceRevenueAmt |
| PY Investment Income | $342,919 | PYInvestmentIncomeAmt |
| CY Investment Income | $209,102 | CYInvestmentIncomeAmt |
| PY Other Revenue | $153,029 | PYOtherRevenueAmt |
| CY Other Revenue | $385,260 | CYOtherRevenueAmt |
| PY Total Revenue | $36,915,940 | PYTotalRevenueAmt |
| CY Total Revenue | $34,479,439 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,414,216 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $6,802,573 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,417,563 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,874,304 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $13,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $967,196 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,133,730 | PYOtherExpensesAmt |
| CY Other Expenses | $9,858,428 | CYOtherExpensesAmt |
| PY Total Expenses | $37,965,509 | PYTotalExpensesAmt |
| CY Total Expenses | $37,548,305 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,049,569 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,068,866 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $50,588,811 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,056,791 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,117,101 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,675,009 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,471,710 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $25,381,782 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | A LEADER IN PROGRESSIVE EDUCATION SINCE 1921, LREI TEACHES CHILDREN TO BE INDEPENDENT THINKERS WHO WORK TOGETHER TO SOLVE COMPLEX PROBLEMS. (SEE SCHEDULE O FOR FULL MISSION STATEMENT) | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $27,080,746 | ExpenseAmt |
| Grant | $6,802,573 | GrantAmt |
| Revenue | $31,463,407 | RevenueAmt |
| Desc | See Schedule O for LREI program description. | Desc |
| Total Program Service Expenses | $27,080,746 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 40 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 293 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSHUA MARKS | PersonNm |
| Phone | 2124775316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 CHARLTON STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Phil Kassen | |||||||||
| Director | 40.0 | 0.0 | Yes (X) | $441,075 | $0 | $54,597 | |||
| Jennifer Weil | |||||||||
| Director of Advancement | 40.0 | 0.0 | $179,492 | $0 | $148,841 | Yes (X) | |||
| Josh Marks | |||||||||
| CFO | 40.0 | 0.0 | Yes (X) | $264,687 | $0 | $30,338 | |||
| Allison Isbell | |||||||||
| Assistant Director | 40.0 | 0.0 | $179,189 | $0 | $107,896 | Yes (X) | |||
| Margaret Andrews | |||||||||
| Middle School Asst Principal | 40.0 | 0.0 | $185,694 | $0 | $29,964 | Yes (X) | |||
| Cari Kosins | |||||||||
| Dir Of Summer & Afterschool | 40.0 | 0.0 | $148,976 | $0 | $33,159 | Yes (X) | |||
| Margaret Magee Paul | |||||||||
| High School Principal | 40.0 | 0.0 | $154,545 | $0 | $15,781 | Yes (X) | |||
| Nathan Sokol-Margolis | |||||||||
| MIDDLE SCHOOL Principal | 40.0 | 0.0 | $76,095 | $0 | $61,504 | Yes (X) | |||
| Heather McKay | |||||||||
| Lower School Principal | 40.0 | 0.0 | $85,175 | $0 | $15,655 | Yes (X) | |||
| James Harris | |||||||||
| Chair | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Anh-Van Nguyen | |||||||||
| Vice Chair | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Eunu Chun | |||||||||
| Secretary | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Dave Olsen | |||||||||
| Treasurer | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Susie Scher | |||||||||
| At Large | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Jamal Young | |||||||||
| At Large | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Analisa Cipriano | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Ken Cornick | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Shira Cornfeld | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Dawn Eig | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Kellie Ferguson | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| James French | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Kai-Anasa George | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Amanda Goodwin | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Francis Greenburger | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Julia Heaton | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Deborah Hodge | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Shoy McKen | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Ruth Jurgensen | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Ceci Loebl Van Blerkom | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Alejandro Montoya | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Yukie Ohta | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Sean Paroff | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Kasey Picayo | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Hope Reeves | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Robert Rosenthal | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Halee Sage | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Jennifer Sagum | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Louis Sharpe | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Eve Stuart | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Harriette Thomas | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Kimbrough Towles | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Rodney White | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Jamal Young | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Amy Zimmerman | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,714,928 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $497,735 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 61 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CATER TO YOU | |||||
| 665 Broadway Suite 503 | NEW YORK | NY | 10012 | FOOD SERVICE | $1,273,209 |
| Albeiro Contracting Group | |||||
| 32-18 104th Street | ELMHURST | NY | 11369 | Construction/Repairs | $300,382 |
| Wells Fargo Vendor Financial Serv | |||||
| 800 Walnut St | DES MOINES | IA | 50309 | TECHNOLOGY SUPPLIES | $137,788 |
| Blackbaud | |||||
| 65 Fairchild Street | CHARLESTON | NC | 29492 | enrollment managemen | $107,777 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $215,618 | FundraisingAmt |
| Government Grants | $336,898 | GovernmentGrantsAmt |
| All Other Contributions | $1,869,154 | AllOtherContributionsAmt |
| Noncash Contributions | $212,933 | NoncashContributionsAmt |
| Total Contributions | $2,421,670 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION | 611710 | $30,447,542 | $30,447,542 |
| AFTER SCHOOL PROGRAMS | 611710 | $424,093 | $424,093 |
| SUMMER CAMP FEES | 611710 | $370,620 | $370,620 |
| OTHER FEES | 611710 | $221,152 | $221,152 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,463,407 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $398,992 | TotalRevenueColumnAmt |
| Exclusion | $398,992 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $383,128 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $383,128 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $383,128 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $383,128 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,368,756 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,558,646 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$189,890 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$189,890 | TotalRevenueColumnAmt |
| Exclusion | -$189,890 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $74,865 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $290,483 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $74,865 | FundraisingDirectExpensesAmt |
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BAD DEBT RECOVERIES | Desc |
| Total Revenue Column | $2,132 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,132 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,132 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,479,439 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,848,667 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $209,102 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,802,573 | TotalAmt |
| Program Services | $6,802,573 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,438,923 | TotalAmt |
| Program Services | $867,931 | ProgramServicesAmt |
| Management And General | $494,844 | ManagementAndGeneralAmt |
| Fundraising | $76,148 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,340,995 | TotalAmt |
| Program Services | $10,286,099 | ProgramServicesAmt |
| Management And General | $4,564,583 | ManagementAndGeneralAmt |
| Fundraising | $490,313 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $818,619 | TotalAmt |
| Program Services | $544,835 | ProgramServicesAmt |
| Management And General | $245,119 | ManagementAndGeneralAmt |
| Fundraising | $28,665 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,997,595 | TotalAmt |
| Program Services | $1,283,419 | ProgramServicesAmt |
| Management And General | $643,784 | ManagementAndGeneralAmt |
| Fundraising | $70,392 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,278,172 | TotalAmt |
| Program Services | $846,779 | ProgramServicesAmt |
| Management And General | $387,984 | ManagementAndGeneralAmt |
| Fundraising | $43,409 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,022 | TotalAmt |
| Management And General | $74,022 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,270 | TotalAmt |
| Management And General | $75,270 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,000 | TotalAmt |
| Fundraising | $13,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,578 | TotalAmt |
| Management And General | $102,578 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,445 | TotalAmt |
| Management And General | $291,445 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,155,642 | TotalAmt |
| Program Services | $612,116 | ProgramServicesAmt |
| Management And General | $396,709 | ManagementAndGeneralAmt |
| Fundraising | $146,817 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $651,702 | TotalAmt |
| Program Services | $651,702 | ProgramServicesAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,127,021 | TotalAmt |
| Program Services | $834,419 | ProgramServicesAmt |
| Management And General | $263,159 | ManagementAndGeneralAmt |
| Fundraising | $29,443 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,465 | TotalAmt |
| Program Services | $71,936 | ProgramServicesAmt |
| Management And General | $29,529 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,563 | TotalAmt |
| Program Services | $42,883 | ProgramServicesAmt |
| Management And General | $620,482 | ManagementAndGeneralAmt |
| Fundraising | $2,198 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,967,259 | TotalAmt |
| Program Services | $1,303,294 | ProgramServicesAmt |
| Management And General | $597,154 | ManagementAndGeneralAmt |
| Fundraising | $66,811 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,404 | TotalAmt |
| Management And General | $367,404 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| SUMMER CAMP EXPENSE | $218,670 | $218,670 |
| LUNCH ROOM & FOOD SERVICE | $1,233,897 | $1,233,897 |
| STUDENT ACTIVITIES | $859,229 | $859,229 |
| AFTER SCHOOL PROGRAMS | $186,760 | $186,760 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $780,501 | TotalAmt |
| Program Services | $434,204 | ProgramServicesAmt |
| Management And General | $346,297 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,548,305 | TotalAmt |
| Program Services | $27,080,746 | ProgramServicesAmt |
| Management And General | $9,500,363 | ManagementAndGeneralAmt |
| Fundraising | $967,196 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,000 | BOYAmt |
| EOY | $3,000 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,477,203 | BOYAmt |
| EOY | $4,897,852 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,098,030 | BOYAmt |
| EOY | $1,189,572 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $914,468 | BOYAmt |
| EOY | $397,642 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $245,690 | BOYAmt |
| EOY | $110,121 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $51,576,283 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,941,922 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,387,989 | BOYAmt |
| EOY | $23,634,361 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,324,675 | BOYAmt |
| EOY | $20,734,551 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,756 | BOYAmt |
| EOY | $2,089,692 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,588,811 | BOYAmt |
| EOY | $53,056,791 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,203,553 | BOYAmt |
| EOY | $2,310,992 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,886,383 | BOYAmt |
| EOY | $11,240,679 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,776,182 | BOYAmt |
| EOY | $7,734,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,197,983 | BOYAmt |
| EOY | $3,999,134 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,000 | BOYAmt |
| EOY | $2,390,204 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,117,101 | BOYAmt |
| EOY | $27,675,009 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,492,000 | BOYAmt |
| EOY | $23,253,850 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,979,710 | BOYAmt |
| EOY | $2,127,932 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,471,710 | BOYAmt |
| EOY | $25,381,782 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,588,811 | BOYAmt |
| EOY | $53,056,791 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,068,866 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,908,245 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $70,693 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,687,146 | BeginningYearBalanceAmt |
| Contributions | $2,159,034 | ContributionsAmt |
| Investment Earnings Or Losses | $2,010,972 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $71,760 | OtherExpendituresAmt |
| End Year Balance | $20,785,392 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $17,973,129 | BeginningYearBalanceAmt |
| Contributions | $1,320,277 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,606,260 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| End Year Balance | $16,687,146 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,530,342 | BeginningYearBalanceAmt |
| Contributions | $2,728,085 | ContributionsAmt |
| Investment Earnings Or Losses | $2,831,922 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $117,221 | OtherExpendituresAmt |
| End Year Balance | $17,973,128 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,031,688 | BeginningYearBalanceAmt |
| Contributions | $1,930,305 | ContributionsAmt |
| Investment Earnings Or Losses | $845,582 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $277,233 | OtherExpendituresAmt |
| End Year Balance | $12,530,342 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,081,840 | BeginningYearBalanceAmt |
| Contributions | $2,665,485 | ContributionsAmt |
| Investment Earnings Or Losses | $999,426 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $715,063 | OtherExpendituresAmt |
| End Year Balance | $10,031,688 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.03500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.96500 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $857,823 | OtherCostOrOtherBasisAmt |
| Book Value | $857,823 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $49,200,345 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,656,198 | DepreciationAmt |
| Book Value | $22,544,147 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $288,432 | OtherCostOrOtherBasisAmt |
| Depreciation | $167,371 | DepreciationAmt |
| Book Value | $121,061 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $845,966 | OtherCostOrOtherBasisAmt |
| Depreciation | $793,206 | DepreciationAmt |
| Book Value | $52,760 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $383,717 | OtherCostOrOtherBasisAmt |
| Depreciation | $325,147 | DepreciationAmt |
| Book Value | $58,570 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $23,634,361 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSIT PAYABLE | $53,000 |
| LEASE LIABILITIES | $2,337,204 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,390,204 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $29,553,226 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,908,245 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $70,693 | OtherRevenueAmt |
| Revenue Not Reported | $1,978,938 | RevenueNotReportedAmt |
| Revenue Subtotal | $27,574,288 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $102,578 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $6,802,573 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $6,905,151 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $34,479,439 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,643,154 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $30,643,154 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $102,578 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $6,802,573 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,905,151 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $37,548,305 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART XI & XII, LINE 4b | Scholarship expenses of $6,802,573 were netted with tuition revenue on the audited financial statements. The scholarships were included as expenses in the form 990 resulting in an increase in both revenue and expense as shown on line 4b. |
| SCHEDULE D, PART X, LINE 2 | THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS AS OF AND FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE SCHOOL HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THE FINANCIAL STATEMENTS. |
| SCHEDULE D, PART V, LINE 4 | THE OVERALL FINANCIAL OBJECTIVES OF THE BOARD DESIGNATED FUNDS ARE TO SUPPORT THE CURRENT AND FUTURE OPERATIONS OF THE SCHOOL AND TO PRESERVE AND ENHANCE THE PURCHASING POWER OF THE BOARD DESIGNATED FUNDS. THE BOARD IS RESPONSIBLE FOR THE INVESTMENT OF THE BOARD DESIGNATED ENDOWMENT FUNDS. |
| Schedule D, Part XI, line 2d | the unrealized gain on the swap agreement of $70,693 has been shown as an other adjustment in part XI, reconciliation of net assets and has been adjusted from total revenue from the audited financial statements. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE 3, LINE 3 | FormAndLineReferenceDesc |
| Explanation | The LREI diversity statement is provided in all communications and is included with the mission statement on the LREI webpage at lrei.org Diversity Statement on the website: Since 1921, LREI's commitment to social justice, equity and activism has ensured that every community member has access to the full LREI experience. Our 14-year program explores, celebrates, and encourages differences and commonalities, and the challenges and opportunities they present. We view these efforts as integral to the personal and intellectual growth of each member of our school. LREI is committed to each of its community members, each of whom has a responsibility to both the community and to the wider world. This is as important now as it was when LREI was founded. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Fundr. Event | Event1Nm |
| Gross Receipts Event1 | $62,535 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $25,999 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $36,536 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $36,536 | OtherDirectExpensesEvent1Amt |
| Event2 | Art Auction | Event2Nm |
| Gross Receipts Event2 | $227,948 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $189,619 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $38,329 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $38,329 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $290,483 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $215,618 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $74,865 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $74,865 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $74,865 | DirectExpenseSummaryEventsAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS and tuition remission | GrantTypeTxt |
| Recipient | 177 | RecipientCnt |
| Cash Grant | $0 | CashGrantAmt |
| Non Cash Assistance | $6,802,573 | NonCashAssistanceAmt |
| Valuation Method Used | Book Value | ValuationMethodUsedDesc |
| Non Cash Assistance | Scholarships | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | All grants of financial aid or merit scholarships are allocated by discounting the nominal tuition by the amount of the aid or scholarship. Therefore, no cash is given, but rather, for example, a student who would otherwise pay $30,000 receives financial aid of $10,000 and therefore pays the net amount owed of $20,000. All grants of financial aid are decided by LREI's Tuition Remission Committee and are based on an objective determination of financial need. The amount of any financial aid or scholarship is documented in the enrollment contract and both tuition and financial aid are entered into our accounts receivable module so that we can track the net amount that must be paid by a particular student. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| Phil Kassen | ||||||
| Director | $441,075 | $0 | $0 | $40,744 | $13,853 | $495,672 |
| Josh Marks | ||||||
| CFO | $264,687 | $0 | $0 | $15,912 | $14,426 | $295,025 |
| Allison Isbell | ||||||
| Assistant Director | $179,189 | $0 | $0 | $16,380 | $91,516 | $287,085 |
| Jennifer Weil | ||||||
| Director of Advancement | $179,492 | $0 | $0 | $16,848 | $131,993 | $328,333 |
| Cari Kosins | ||||||
| Dir Of Summer & Afterschool | $148,976 | $0 | $0 | $15,912 | $17,247 | $182,135 |
| Margaret Magee Paul | ||||||
| High School Principal | $154,545 | $0 | $0 | $15,026 | $755 | $170,326 |
| Margaret Andrews | ||||||
| Middle School Asst Principal | $185,694 | $0 | $0 | $14,850 | $15,114 | $215,658 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Build NYC Resource Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 454040561 | BondIssuerEIN |
| Bond Issued | 2023-03-28 | BondIssuedDt |
| Issue Price | $7,734,000 | IssuePriceAmt |
| Purpose | Refinance | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $7,579,744 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $154,256 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Cash GrantCashGrantAmt | Type Of AssistanceTypeOfAssistanceTxt | Assistance PurposeAssistancePurposeTxt |
|---|---|---|---|
| Jennifer Weil | |||
| Director of Advancement | $91,334 | Tuition Remission | EDUCATION |
| Allison Isbell | |||
| Assistant Director | $91,334 | Tuition Remission | EDUCATION |
| Nathan Sokol-Margolis | |||
| MIDDLE SCHOOL Principal | $45,677 | Tuition Remission | EDUCATION |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PAGE 1, PART III | FormAndLineReferenceDesc |
| Explanation | tuition remission is provided to employees as part of their benefit package for the cost of tuition for their children that attend the school. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $212,933 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, line 9b | FormAndLineReferenceDesc |
| Explanation | The number of items contributed represents the number of stock donations received rather than the number of shares of stock. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B - POLICIES, #11B | MANAGEMENT REVIEWS the DRAFT COPy OF THE 990 FOR ACCURACY BEFORE CIRCULATING A DRAFT COPY TO THE audit and risk COMMITTEE OF THE BOARD OF TRUSTEES. THE audit and risk COMMITTEE REVIEWS THE DRAFT FOR ACCURACY AND THEN POSITIVELY RECOMMENDS THE DRAFT TO THE BOARD OF TRUSTEES, WHICH IN TURN REVIEWS AND DISCUSSES THE DRAFT AT A REGULARLY SCHEDULED BOARD MEETING. AFTER THIS GOVERNANCE PROCESS, THE 990 IS FINALIZED FOR FILING. |
| FORM 990, PART VI, SECTION B - POLICIES, #15 A&B | THE ORGANIZATION OBTAINS THE COMPENSATION DATA RELATING TO TOP MANAGEMENT OF SIMILAR ORGANIZATIONS WHEN CONSIDERING THE INITIAL SALARY AND BENEFITS OF KEY EMPLOYEES, AS WELL AS INCREASES ON COMPENSATION. THE ORGANIZATION ALSO REGULARLY CONSIDERS INDUSTRY TRENDS REGARDING MANAGEMENT compensation. ONCE THE APPROPRIATE DATA HAS BEEN OBTAINED, IT IS ANALYZED AND approved AT A REGULARLY SCHEDULED MEETING OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. ACCORDINGLY, LREI SATISFIES THE IRS CRITERIA WITH RESPECT TO THE REBUTTABLE PRESUMPTION OF REASONABLENESS. |
| FORM 990, PART VI, SECTION C- DISCLOSURE #19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART VI, SECTION B- POLICIES, #12C | LREI CIRCULATES ITS CONFLICT OF INTEREST AND WHISTLEBLOWER POLICY TO TRUSTEES ON AN ANNUAL BASIS. EACH TRUSTEE IS ASKED TO ACKNOWLEDGE RECEIPT OF THE POLICY AND TO INDICATE COMPLIANCE WITH IT. IF ANY CONFLICT OF INTEREST IS INDICATED ON THE ACKNOWLEDGEMENT, OR IF ANY CONFLICT OF INTEREST OTHERWISE ARISES, THE ISSUE IS ADDRESSED BY THE DIRECTOR OF LREI AND THE CHAIR OF THE BOARD OF TRUSTEES, WHO MAY CONSULT WITH DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE ON THE MATTER. |
| FORM 990, PART III, LINE 1 | A leader in progressive education since 1921, LREI teaches children to be independent thinkers who work together to solve complex problems. Students graduate from our diverse community as active participants in our democratic society, with the creativity, integrity, and courage to bring meaningful change to the world. |
| FORM 990, PART III, LINE 4a | At LREI (Little Red School House & Elisabeth Irwin High School) we understand that students learn best when they are engaged. Our 14 year progressive program is rooted in a fundamental love of learning and a connection to the real world. Our teachers, experts in their fields, encourage children to use their curiosity, compassion and imagination to think deeply and to participate in finding solutions to real problems. We understand that the world around us - particularly our ever-vibrant home, New York City - is the best place to learn. You'll find our students asking questions about green design at the High Line, filming a documentary on Coney Island's boardwalk and volunteering at the local food pantry we've partnered with for years. We provide a rich and challenging progressive program for bright, inquisitive students who bring a range of abilities and interests to their collective study of the world. Our school is a community built on understanding and respect for others. Like New York City, this community is diverse in every sense, with a variety of family structures and beliefs, as well as other, more familiar definitions of diversity (racial, ethnic, socio-economic, religious). Our interdisciplinary curriculum and school-wide social justice initiatives promote understanding of many cultures. As individual achievement is encouraged and rewarded, our program underscores the value of shared goals and cooperation in mastering difficult tasks. By the time LREI students graduate, they are ready to make their marks on their university campuses because they have learned to be active citizens in their school, city and global communities. |
| FORM 990, PART XI, LINE 9 | In connection with the issuance of the Revenue Bonds, Series 2013, in October 2013, the School had an interest rate swap agreement with notional amounts indexed to the outstanding principal of the debt which resulted in an unrealized gain of $70,693 in fiscal year 2023 with the full cancellation of the swap agreement as the related bonds were refinanced during the year ended June 30, 2023. |