NYC SCHOOL BUS UMBRELLA SERVICES: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: NYC SCHOOL BUS UMBRELLA SERVICES (EIN 85-3531873)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-05-15
IRS object ID: 202311359349319836
Schema version: 2021v4.2
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 D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-15T20:41:03-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	873707167	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CBIZ MARKS PANETH LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	685 THIRD AVENUE	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10017	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	853531873	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NYC SCHOOL BUS UMBRELLA SERVICES INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NYCS	BusinessNameControlTxt
Phone	7183894241	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	297 NORMAN AVE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11222	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MATTHEW BERLIN	PersonNm
Person Title	CHIEF EXECUTIVE OFFICER	PersonTitleTxt
Phone	7183894241	PhoneNum
Signature	2023-05-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MATTHEW	PersonFirstNm
Person Last	BERLIN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MAGDALENA M CZERNIAWSKI	PreparerPersonNm
PTIN	P00535099	PTIN
Phone	2125038800	PhoneNum
Preparation	2023-05-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MATTHEW BERLIN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	297 NORMAN AVE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11222	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$137,829,107	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.NYCSBUS.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2020	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE SERVICES TO STUDENTS OF NEW YORK CITY'S PUBLIC SCHOOL SYSTEM.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	1717	TotalEmployeeCnt
Total Volunteers	5	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$6,023,173	PYProgramServiceRevenueAmt
CY Program Service Revenue	$137,793,120	CYProgramServiceRevenueAmt
PY Investment Income	$0	PYInvestmentIncomeAmt
CY Investment Income	$35,987	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$6,023,173	PYTotalRevenueAmt
CY Total Revenue	$137,829,107	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$121,963	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$96,834,280	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$5,901,210	PYOtherExpensesAmt
CY Other Expenses	$40,078,610	CYOtherExpensesAmt
PY Total Expenses	$6,023,173	PYTotalExpensesAmt
CY Total Expenses	$136,912,890	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$916,217	CYRevenuesLessExpensesAmt
Total Assets BOY	$6,098,584	TotalAssetsBOYAmt
Total Assets EOY	$48,273,220	TotalAssetsEOYAmt
Total Liabilities BOY	$6,098,584	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$34,599,347	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$0	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$13,673,873	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE SERVICES TO STUDENTS OF NEW YORK CITY'S PUBLIC SCHOOL SYSTEM.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$135,039,191	ExpenseAmt
Revenue	$137,793,120	RevenueAmt
Desc	ON OCTOBER 29, 2001 NYCSBUS PURCHASED SCHOOL BUSES AND OTHER ASSETS FROM RELIANT TRANSPORTATION AND ON NOVEMBER 1 TOOK RESPONSIBILITY FOR THE APPROXIMATELY 800 NEW YORK CITY SCHOOL BUS ROUTES THAT HAD BEEN OPERATED BY RELIANT. NYCSBUS CONTRACTED BACK TO RELIANT TO PROVIDE MANAGEMENT SERVICES FOR THE COMPANY THROUGH MAY 28, 2022 AND ON MAY 30 NYCSBUS TOOK FULL RESPONSIBILITY FOR OPERATING THE COMPANY, PROVIDING STAFFING, VEHICLES, VEHICLE MAINTENANCE, DISPATCH, CALL CENTER, TRAINING AND THE ALL OTHER SERVICES PROVIDED BY SIMILAR SCHOOL BUS VENDORS TO THE NYC DEPARTMENT OF EDUCATION.	Desc
Total Program Service Expenses	$135,039,191	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	12	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	1717	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BTQ FINANCIAL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2129012500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	115 BROADWAY 19TH FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10006	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
KERRY GAO
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
LAUREN SICILIANO
CHAIR (OUTGOING)	1.00	Yes (X)	Yes (X)	$0	$0	$0
NEYDA FRANCO-MARTINEZ
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
PLACHIKKAT ANATHARAM
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ROBERT W LINN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
RUSSELL BUCKLEY
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
MATTHEW J BERLIN
CHIEF EXEC. OFFICER	40.00		Yes (X)	$161,827	$0	$0
ROBERT N STORELLICASTRO
CHIEF FINANCE AND ADM. OFFICER	40.00		Yes (X)	$36,385	$0	$9,309

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$198,212	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$9,309	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
PATTERSON BELKNAP WEBB & TYLER LLP
1133 AVENUE OF THE AMERICAS	NEW YORK	NY	10036	LEGAL SERVICES	$312,911
BTQ FINANCIAL
115 BROADWAY 19TH FL	NEW YORK	NY	10006	FINANCIAL AND ACCOUNTING MANAGEMENT SERV	$196,101

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOOL BUSING REVENUE	480000	$130,463,314	$130,463,314
DOE CAPITAL REIMBURSEMENTS	480000	$5,466,833	$5,466,833
NYC DOE PASS-THROUGH REVENUE	480000	$1,862,973	$1,862,973

Field	Value	IRS element (for citing)
Total Program Service Revenue	$137,793,120	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$35,987	TotalRevenueColumnAmt
Exclusion	$35,987	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$137,829,107	TotalRevenueColumnAmt
Related Or Exempt Func Income	$137,793,120	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$35,987	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$445,468	TotalAmt
Management And General	$445,468	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$67,946,172	TotalAmt
Program Services	$66,965,249	ProgramServicesAmt
Management And General	$980,923	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$4,227,804	TotalAmt
Program Services	$4,157,193	ProgramServicesAmt
Management And General	$70,611	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$16,332,255	TotalAmt
Program Services	$16,087,210	ProgramServicesAmt
Management And General	$245,045	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$7,882,581	TotalAmt
Program Services	$7,750,929	ProgramServicesAmt
Management And General	$131,652	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$246,329	TotalAmt
Program Services	$246,329	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$12,484,685	TotalAmt
Program Services	$12,484,685	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,500	TotalAmt
Program Services	$1,500	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$55,851	TotalAmt
Program Services	$55,851	ProgramServicesAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$68,005	TotalAmt
Program Services	$68,005	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,267,410	TotalAmt
Program Services	$1,267,410	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$9,024	TotalAmt
Program Services	$9,024	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$224,915	TotalAmt
Program Services	$224,915	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,248,269	TotalAmt
Program Services	$3,248,269	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$11,974,556	TotalAmt
Program Services	$11,974,556	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
VEHICLE MAINTENANCE	$10,188,924	$10,188,924
TRAINING AND ONBOARDING	$163,105	$163,105
MINOR EQUIP./HARDWARE	$66,696	$66,696
LETTER OF CREDIT FEES	$50,113	$50,113

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$29,228	TotalAmt
Program Services	$29,228	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$136,912,890	TotalAmt
Program Services	$135,039,191	ProgramServicesAmt
Management And General	$1,873,699	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$70,062	BOYAmt
EOY	$5,105,532	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$91,859	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$6,023,173	BOYAmt
EOY	$1,379,429	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
EOY	$15,664,039	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$16,131,457	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,118,924	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$14,012,533	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,349	BOYAmt
EOY	$12,019,828	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,098,584	BOYAmt
EOY	$48,273,220	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,907,584	BOYAmt
EOY	$6,023,232	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
EOY	$21,663,150	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$191,000	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$6,912,965	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$6,098,584	BOYAmt
EOY	$34,599,347	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	-$12,930,502	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$13,846,719	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$12,757,656	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$13,673,873	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,098,584	BOYAmt
EOY	$48,273,220	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$916,217	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$12,757,656	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	Yes (X)	SupportingOrganization509a3Ind
Supporting Org Type3 Func Int	Yes (X)	SupportingOrgType3FuncIntInd
Supported Organizations	1	SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	CITY OF NY DEPARTMENT OF EDUCATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
EIN	136400434	EIN
Organization Type	6	OrganizationTypeCd
Governing Document Listed	Yes (1)	GoverningDocumentListedInd
Support	$0	SupportAmt
Other Support	$136,912,890	OtherSupportAmt

Field	Value	IRS element (for citing)
Supported Organizations Total	1	SupportedOrganizationsTotalCnt
Support Sum	$0	SupportSumAmt
Other Support Sum	$136,912,890	OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

Field	Value	IRS element (for citing)
Listed By Name Governing Doc	Yes (1)	ListedByNameGoverningDocInd
Suprt Org No IRS Determination	Yes (1)	SuprtOrgNoIRSDeterminationInd
Supported Org Section C456	0	SupportedOrgSectionC456Ind
Supported Org Not Organized US	0	SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org	0	OrganizationChangeSuprtOrgInd
Support Non Supported Org	0	SupportNonSupportedOrgInd
Payment Substantial Contribtr	0	PaymentSubstantialContribtrInd
Loan Disqualified Person	0	LoanDisqualifiedPersonInd
Controlled Disqualified Prsn	0	ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int	0	DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int	0	DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules	0	ExcessBusinessHoldingsRulesInd
Contribution Controller	0	ContributionControllerInd
Contribution Family	0	ContributionFamilyInd
Contribution35 Controlled	0	Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

Field	Value	IRS element (for citing)
Timely Provided Documents	Yes (1)	TimelyProvidedDocumentsInd
Officers Close Relationship	Yes (1)	OfficersCloseRelationshipInd
Supported Org Voice Investment	Yes (1)	SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

Field	Value	IRS element (for citing)
Activities Test	Yes (X)	ActivitiesTestInd
Activities Further Exempt Prps	Yes (1)	ActivitiesFurtherExemptPrpsInd
Activities Engaged Org Invlmnt	Yes (1)	ActivitiesEngagedOrgInvlmntInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART IV, SECTION A, LINE 2:	THE ORGANIZATION'S SUPPORTED ORGANIZATION QUALIFIES UNDER SECTION 509(A)(1) AS AN ORGANIZATION DESCRIBED AS A GOVERNMENTAL UNIT REFERRED TO IN SECTION 170(C)(1).
PART IV, SECTION D, LINE 3:	THREE OF THE ORGANIZATION'S FIVE DIRECTORS ARE APPOINTED BY THE CHANCELLOR OF DEPARTMENT OF EDUCATION, ONE OF WHOM IS A PARENT REPRESENTATIVE TO THE NEW YORK CITY BOARD OF EDUCATION AND (II) THE REMAINING TWO DIRECTORS ARE THE CHANCELLOR (OR ACTING CHANCELLOR) OF THE CITY SCHOOL DISTRICT OF THE CITY OF NEW YORK OR THEIR DESIGNEE AND THE DIRECTOR OF MANAGEMENT AND BUDGET OF THE CITY OF NEW YORK OR THEIR DESIGNEE. ACCORDINGLY, THE SUPPORTED ORGANIZATION HAS A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE ORGANIZATION'S INCOME OR ASSETS.
PART IV, SECTION E, LINE 2A:	THE ORGANIZATION PASSES THE RESPONSIVENESS AND INTEGRAL PART TESTS REQUIRED TO BE A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION. FIRST, THE SUPPORTED ORGANIZATION IS ADEQUATELY REPRESENTED IN THE GOVERNING BODY OF THE ORGANIZATION BECAUSE UNDER THE TERMS OF THE ORGANIZATION'S BYLAWS, (I) THREE OF THE ORGANIZATION'S FIVE DIRECTORS ARE APPOINTED BY THE CHANCELLOR OF DEPARTMENT OF EDUCATION, ONE OF WHOM IS A PARENT REPRESENTATIVE TO THE NEW YORK CITY BOARD OF EDUCATION AND (II) THE REMAINING TWO DIRECTORS ARE THE CHANCELLOR (OR ACTING CHANCELLOR) OF THE CITY SCHOOL DISTRICT OF THE CITY OF NEW YORK OR THEIR DESIGNEE AND THE DIRECTOR OF MANAGEMENT AND BUDGET OF THE CITY OF NEW YORK OR THEIR DESIGNEE. IN ADDITION, THE OFFICERS AND DIRECTORS OF THE ORGANIZATION MAINTAIN CLOSE CONTACT WITH THE SUPPORTED ORGANIZATION TO ENSURE THAT THE ORGANIZATION'S ACTIVITIES FURTHER THE GOALS OF THE CITY OF NEW YORK BY PROVIDING THE BUSING SERVICES AND RELATED ADMINISTRATIVE SUPPORT REQUIRED TO ADVANCE THE DEPARTMENT OF EDUCATION'S GOALS.
PART IV, SECTION E, LINE 2B:	IN ORDER TO MAKE AVAILABLE QUALITY EDUCATION FOR ALL STUDENTS, THE SUPPORTED ORGANIZATION NEEDS TO PROVIDE SAFE AND EFFECTIVE MEANS FOR STUDENTS, MANY OF WHOM COME FROM COMMUNITIES WITH HIGH POVERTY RATES, TO ATTEND SCHOOL. THE ORGANIZATION PROVIDES FULL SERVICE BUS SERVICES TO NEW YORK CITY STUDENTS. AMONG OTHER THINGS, IT EMPLOYS, TRAINS AND SUPPORTS BUS STAFF AND PROVIDES, MAINTAINS, EQUIPS AND FUELS SCHOOL BUSES. IT ALSO PERFORMS DISPATCH SERVICES AND PROVIDES CUSTOMER SERVICE AND OTHER ANCILLARY ACTIVITIES. ACCORDINGLY, SUBSTANTIALLY ALL OF THE ORGANIZATION'S ACTIVITIES ARE ACTIVITIES IN WHICH, BUT FOR THE ORGANIZATION'S INVOLVEMENT, THE SUPPORTED ORGANIZATION WOULD NORMALLY BE INVOLVED.

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$16,131,457	OtherCostOrOtherBasisAmt
Depreciation	$2,118,924	DepreciationAmt
Book Value	$14,012,533	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$14,012,533	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
REFUNDABLE SALES TAX	$983,204
SECURITY DEPOSITS	$387,015
LEASE ASSETS	$6,747,151
RESTRICTED CASH	$3,902,458

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$12,019,828	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	LEASE LIABILITY	Desc
Amt	$6,912,965	Amt

Field	Value	IRS element (for citing)
Total Liability	$6,912,965	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$150,586,763	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$12,757,656	OtherRevenueAmt
Revenue Not Reported	$12,757,656	RevenueNotReportedAmt
Revenue Subtotal	$137,829,107	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$137,829,107	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$136,912,890	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$136,912,890	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$136,912,890	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART XI, LINE 2D - OTHER ADJUSTMENTS:	FormAndLineReferenceDesc
Explanation	BOOK TO TAX ADJUSTMENT (SEE SCH O FOR DETAILS)	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	MATTHEW J BERLIN	PersonNm
Title	CHIEF EXEC. OFFICER	TitleTxt
Base Compensation Filing Org	$161,827	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$0	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$161,827	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS 5 MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	CHANCELLOR OF DEPARTMENT OF EDUCATION HAS THE ABILITY TO APPOINT THREE DIRECTORS. IN ADDITION, THE CHANCELLOR OR ACTING CHANCELLOR OF DEPARTMENT OF EDUCATION, AND THE DIRECTOR OF MANAGEMENT AND BUDGET OF THE CITY OF NEW YORK (OR THEIR DESIGNEES) SERVE AS DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT, AND REVIEWED BY THE AUDIT COMMITTEE. THE FORM 990 WAS NOT SHARED WITH THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION REGULARLY MONITORS THE CONFICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15A	THE COMPENSATION OF THE CEO IS ESTABLISHED BY THE BOARD MEMBERS.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION SHARES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS UPON REQUEST.
FORM 990, PART XI, LINE 9:	BOOK TO TAX ADJUSTMENT (SEE SCHEDULE O FOR DETAILS) 12,757,656.
FORM 990 PART XII LINE 2C	THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
FORM 990, PART XI:	NYCSBUS ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH RELIANT TRANSPORTATION, INC. (THE "SELLER") ON JUNE 22, 2021, TO PROVIDE THE SCHOOL BUS SERVICES IN THE AREAS PREVIOUSLY SERVED BY THE SELLER FOR THE DOE TO FACILITATE NYCSBUS PERFORMANCE OF THE OPERATIONS, NYCSBUS ACQUIRED CERTAIN ASSETS FROM THE SELLER INCLUDING SERVICE VEHICLES/ BUSES VALUED AT APPROXIMATELY $10.8 MILLION THAT ARE INCLUDED IN DEPRECIABLE CAPITAL ASSETS, NET ON THE ACCOMPANYING STATEMENT OF NET POSITION; AND OTHER ASSETS INCLUDING UNRESTRICTED CASH AND CASH EQUIVALENTS AND SECURITY DEPOSITS VALUED AT APPROXIMATELY $2 MILLION AND THAT ARE INCLUDED IN OTHER INCOME IN THE GENERAL FUND STATEMENT OF REVENUES, EXPENDITURES AND CHANGED IN FUND BALANCE. NYCSBUS ASSUMED CERTAIN LIABILITIES AND OBLIGATIONS OF THE SELLER VALUED AT APPROXIMATELY $12.8 MILLION FOR POTENTIAL FUTURE PENSION LIABILITIES THAT ARE INCLUDED IN RESTRICTED NET POSITION FOR POTENTIAL FUTURE PENSION LIABILITIES IN THE ACCOMPANYING STATEMENT OF NET POSITION, AND OTHER INCOME IN THE ACCOMPANY STATEMENT OF ACTIVITIES. AS A RESULT OF THE ASSET PURCHASE AGREEMENT, NYCSBUS INCURRED APPROXIMATELY $8 MILLION IN COSTS WHICH IS RECORDED WITHIN PROGRAM REVENUES AND PROFESSIONAL FEES ON THE STATEMENT OF ACTIVITIES.