PROSPECT SCHOOLS INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PROSPECT SCHOOLS INC (EIN 33-1174065)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202511359349317436
- Schema version
- 2023v6.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T20:15:28-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331374517 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 TICE BOULEVARD SUITE 315 | AddressLine1Txt |
| City | WOODCLIFF LAKE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 331174065 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROSPECT SCHOOLS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PROS | BusinessNameControlTxt |
| Phone | 7186431086 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 397 BRIDGE STREET 9TH FLOOR | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HILLARY PRINCE | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7186431086 | PhoneNum |
| Signature | 2025-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SACHA RICHARDS | PreparerPersonNm |
| PTIN | P01378509 | PTIN |
| Phone | 2017129800 | PhoneNum |
| Preparation | 2025-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | HILLARY PRINCE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 397 BRIDGE STREET 9TH FLOOR | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,722,948 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO BROOKLYN PROSPECT CHARTER SCHOOL AND TO RAISE FUNDS IN SUPPORT OF THE SCHOOL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 64 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,127,555 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,853,745 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,909,290 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,793,151 | CYProgramServiceRevenueAmt |
| PY Investment Income | $245 | PYInvestmentIncomeAmt |
| CY Investment Income | $197 | CYInvestmentIncomeAmt |
| PY Other Revenue | $6,347 | PYOtherRevenueAmt |
| CY Other Revenue | $13,098 | CYOtherRevenueAmt |
| PY Total Revenue | $9,043,437 | PYTotalRevenueAmt |
| CY Total Revenue | $10,660,191 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $183,290 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $787,293 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,746,122 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,647,188 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $439,167 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,344,729 | PYOtherExpensesAmt |
| CY Other Expenses | $2,797,800 | CYOtherExpensesAmt |
| PY Total Expenses | $9,274,141 | PYTotalExpensesAmt |
| CY Total Expenses | $11,232,281 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$230,704 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$572,090 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $6,258,572 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,175,027 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,353,709 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,842,254 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,904,863 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,332,773 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO THE BROOKLYN PROSPECT CHARTER SCHOOL AND OTHER POTENTIAL SCHOOLS IN ITS NETWORK AND TO RAISE FUNDS IN SUPPORT OF NEW YORK CHARTER SCHOOLS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,474,543 | ExpenseAmt |
| Grant | $787,293 | GrantAmt |
| Revenue | $8,797,247 | RevenueAmt |
| Desc | PROSPECT SCHOOLS, INC. WAS FORMED ON JUNE 4, 2007 UNDER THE LAWS OF NEW YORK. THE ORGANIZATION PROVIDES COMPREHENSIVE MANAGEMENT SERVICES AND RAISES FUNDS TO SUPPORT BROOKLYN PROSPECT CHARTER SCHOOL, AN EDUCATIONAL CORPORATION THAT OPERATES THREE CHARTER SCHOOLS IN THE BOROUGH OF BROOKLYN, NY. | Desc |
| Total Program Service Expenses | $9,474,543 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | 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 | 52 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 64 | 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 | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | 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 | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HILLARY PRINCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7186431086 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 397 BRIDGE STREET 9TH FLOOR | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| PENNY MARZULLI | ||||||||
| CHAIR/ SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| AHMED HAQUE | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KATE WALKER | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN BAILEY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ELDRIDGE GILBERT III | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TRESHA WARD | ||||||||
| CHIEF EXECUTIVE OFFICER | 50.00 | Yes (X) | $314,861 | $0 | $18,128 | |||
| HILLARY PRINCE | ||||||||
| CHIEF FINANCIAL OFFICER | 50.00 | Yes (X) | $220,052 | $0 | $45,174 | |||
| LISA CHEN | ||||||||
| CHIEF PEOPLE OFFICER | 50.00 | Yes (X) | $198,533 | $0 | $19,534 | |||
| YEHONATAN SAMUEL-SIEGEL | ||||||||
| CHIEF OPERATING OFFICER | 50.00 | Yes (X) | $205,491 | $0 | $46,492 | |||
| KECIA CLARK | ||||||||
| CHIEF ACADEMIC OFFICER | 50.00 | Yes (X) | $129,721 | $0 | $9,823 | |||
| PAUL ASTUTO | ||||||||
| CHIEF OF STAFF | 50.00 | Yes (X) | $193,281 | $0 | $35,363 | |||
| SARAH ANN CANEY | ||||||||
| DEPUTY CHIEF OF SCHOOLS | 40.00 | $157,180 | $0 | $16,575 | Yes (X) | |||
| GINA ELVIRA BARKER | ||||||||
| SR. OF DIR. COMMUNICATIONS | 40.00 | $132,625 | $0 | $18,467 | Yes (X) | |||
| KIM RACCIO | ||||||||
| SR. DIR. OF OF NEW SCHOOLS & LEADERS | 40.00 | $146,926 | $0 | $14,358 | Yes (X) | |||
| PABLO TAVAREZ | ||||||||
| SR. DIR. OF SCHOOL OPERATIONS | 40.00 | $138,695 | $0 | $35,263 | Yes (X) | |||
| KYLIE TAYLOR BARKER | ||||||||
| SR. DIR. OF TEACHING & LEARNING | 40.00 | $160,408 | $0 | $6,448 | Yes (X) | |||
| JONATHAN MCINTOSH | ||||||||
| FORMER CHIEF ACADEMIC OFFICER | 0.00 | $126,472 | $0 | $7,337 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,124,245 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $272,962 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 24 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HEUER & COMPANY | |||||
| 3 BOHNERT PLACE | WALDWICK | NJ | 07463 | CONSTRUCTION SERVICES | $259,635 |
| GOLDIN SOLUTIONS | |||||
| 1235 BROADWAY 4TH FLOOR | NEW YORK | NY | 10001 | COMMUNICATION STRATEGY | $220,500 |
| EDFUEL | |||||
| 1805 7TH STREET NW 7TH FLOOR | WASHINGTON | DC | 20001 | RECRUITMENT | $113,584 |
| MR HOSPITALITY | |||||
| 240 KENT AVENUE | BROOKLYN | NY | 11249 | EVENT MANAGEMENT | $110,904 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $48,000 | FundraisingAmt |
| Government Grants | $1,143,152 | GovernmentGrantsAmt |
| All Other Contributions | $662,593 | AllOtherContributionsAmt |
| Noncash Contributions | $10,191 | NoncashContributionsAmt |
| Total Contributions | $1,853,745 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MANAGEMENT FEES | Desc |
| Business | 541610 | BusinessCd |
| Total Revenue Column | $8,793,151 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,793,151 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,793,151 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $197 | TotalRevenueColumnAmt |
| Exclusion | $197 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $71,033 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $48,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $62,757 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,276 | TotalRevenueColumnAmt |
| Exclusion | $8,276 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $4,096 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,096 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,096 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REFUND | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $726 | TotalRevenueColumnAmt |
| Exclusion | $726 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $726 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,660,191 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,797,247 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,199 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $787,293 | TotalAmt |
| Program Services | $787,293 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,436,337 | TotalAmt |
| Program Services | $861,802 | ProgramServicesAmt |
| Management And General | $430,901 | ManagementAndGeneralAmt |
| Fundraising | $143,634 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,852,808 | TotalAmt |
| Program Services | $4,124,804 | ProgramServicesAmt |
| Management And General | $556,957 | ManagementAndGeneralAmt |
| Fundraising | $171,047 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,561 | TotalAmt |
| Program Services | $125,405 | ProgramServicesAmt |
| Management And General | $14,716 | ManagementAndGeneralAmt |
| Fundraising | $4,440 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $721,238 | TotalAmt |
| Program Services | $600,440 | ProgramServicesAmt |
| Management And General | $92,113 | ManagementAndGeneralAmt |
| Fundraising | $28,685 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,244 | TotalAmt |
| Program Services | $393,004 | ProgramServicesAmt |
| Management And General | $75,312 | ManagementAndGeneralAmt |
| Fundraising | $23,928 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,727 | TotalAmt |
| Program Services | $151,741 | ProgramServicesAmt |
| Management And General | $7,986 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,000 | TotalAmt |
| Management And General | $27,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $728,569 | TotalAmt |
| Program Services | $698,083 | ProgramServicesAmt |
| Management And General | $30,006 | ManagementAndGeneralAmt |
| Fundraising | $480 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $524,128 | TotalAmt |
| Program Services | $524,128 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,068 | TotalAmt |
| Program Services | $116,659 | ProgramServicesAmt |
| Management And General | $9,806 | ManagementAndGeneralAmt |
| Fundraising | $16,603 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,814 | TotalAmt |
| Program Services | $144,778 | ProgramServicesAmt |
| Management And General | $1,020 | ManagementAndGeneralAmt |
| Fundraising | $16 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,454 | TotalAmt |
| Program Services | $354,108 | ProgramServicesAmt |
| Management And General | $19,673 | ManagementAndGeneralAmt |
| Fundraising | $19,673 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,114 | TotalAmt |
| Program Services | $29,850 | ProgramServicesAmt |
| Management And General | $5,259 | ManagementAndGeneralAmt |
| Fundraising | $1,005 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,126 | TotalAmt |
| Program Services | $7,543 | ProgramServicesAmt |
| Management And General | $1,329 | ManagementAndGeneralAmt |
| Fundraising | $254 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,209 | TotalAmt |
| Program Services | $45,189 | ProgramServicesAmt |
| Management And General | $2,510 | ManagementAndGeneralAmt |
| Fundraising | $2,510 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,806 | TotalAmt |
| Management And General | $7,806 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STAFF MEALS AND EVENTS | $334,245 | $300,821 | $16,712 | $16,712 |
| PROFESSIONAL DEVELOPMEN | $159,701 | $143,730 | $7,985 | $7,986 |
| MISCELLANEOUS | $43,468 | $29,794 | $11,480 | $2,194 |
| ALUMNI SUPPORT | $35,371 | $35,371 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,232,281 | TotalAmt |
| Program Services | $9,474,543 | ProgramServicesAmt |
| Management And General | $1,318,571 | ManagementAndGeneralAmt |
| Fundraising | $439,167 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,151 | BOYAmt |
| EOY | $159,153 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,603,168 | BOYAmt |
| EOY | $304,183 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,363 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,818 | BOYAmt |
| EOY | $100,108 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $674,736 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $99,647 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $517,481 | BOYAmt |
| EOY | $575,089 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,743,591 | BOYAmt |
| EOY | $4,036,494 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,258,572 | BOYAmt |
| EOY | $5,175,027 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $361,776 | BOYAmt |
| EOY | $369,741 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $200,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,991,933 | BOYAmt |
| EOY | $3,272,513 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,353,709 | BOYAmt |
| EOY | $3,842,254 | 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 | $1,754,863 | BOYAmt |
| EOY | $1,332,773 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,904,863 | BOYAmt |
| EOY | $1,332,773 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,258,572 | BOYAmt |
| EOY | $5,175,027 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$572,090 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,128,718 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,677,522 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $354,229 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $996,192 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,853,745 | CurrentTaxYearAmt |
| Total | $8,010,406 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,890,931 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,495,198 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,225,672 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,909,290 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,793,151 | CurrentTaxYearAmt |
| Total | $31,314,242 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,019,649 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,172,720 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,579,901 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,905,482 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,646,896 | CurrentTaxYearAmt |
| Total | $39,324,648 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,720,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $833,970 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $152,674 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $800,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $471,000 | CurrentTaxYearAmt |
| Total | $4,977,644 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,720,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $833,970 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $152,674 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $800,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $471,000 | CurrentTaxYearAmt |
| Total | $4,977,644 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $34,347,004 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,284 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,681 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $784 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $245 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $197 | CurrentTaxYearAmt |
| Total | $4,191 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,284 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,681 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $784 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $245 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $197 | CurrentTaxYearAmt |
| Total | $4,191 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,432 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,806 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,347 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $726 | CurrentTaxYearAmt |
| Total | $81,271 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,039,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,214,833 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,592,491 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,915,074 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,647,819 | CurrentTaxYearAmt |
| Total | $39,410,110 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.87150 | PublicSupportCY509Pct |
| Public Support PY509 | 0.83640 | PublicSupportPY509Pct |
| Investment Income CY | 0.00010 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00020 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2019 AMOUNT: $ 1,350. 2020 AMOUNT: $ 11,790. 2021 AMOUNT: $ 11,796. 2022 AMOUNT: $ 9,347. 2023 AMOUNT: $ 0. REFUNDS - 2019 AMOUNT: $ 17,610. 2020 AMOUNT: $ 28,642. 2021 AMOUNT: $ 10. 2023 AMOUNT: $ 726. | ExplanationTxt |
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
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $582,451 | OtherCostOrOtherBasisAmt |
| Depreciation | $57,559 | DepreciationAmt |
| Book Value | $524,892 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,652 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,590 | DepreciationAmt |
| Book Value | $16,062 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $62,633 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,498 | DepreciationAmt |
| Book Value | $34,135 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $575,089 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT OF USE OF ASSETS | $3,145,206 |
| SECURITY DEPOSIT | $254,692 |
| DUE FROM AFFILIATES | $636,596 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,036,494 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITY | $3,255,142 |
| PAYCHECK PROTECTION PROGRAM LOAN | $17,371 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,272,513 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,722,948 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $62,757 | OtherRevenueAmt |
| Revenue Not Reported | $62,757 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,660,191 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,660,191 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,295,038 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $62,757 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $62,757 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,232,281 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,232,281 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | PROSPECT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT PROSPECT HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. PROSPECT IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES INCLUDED ON PART VIII 62,757. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES INCLUDED ON PART VIII 62,757. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPRING BENEFIT | Event1Nm |
| Gross Receipts Event1 | $119,033 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $48,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $71,033 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $4,707 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $58,050 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $119,033 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $48,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $71,033 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $4,707 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $58,050 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $62,757 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $8,276 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BROOKLYN PROSPECT CHARTER SCHOOL | ||||||||
| 397 BRIDGE STEET 9TH FLOOR | BROOKLYN | NY | 11201 | 263206518 | 501(C)(3) | $698,809 | $0 | PASS-THRU OF CSP GRANT - OPENING OF NEW SCHOOL (SYC) |
| BROOKLYN PROSPECT CHARTER SCHOOL | ||||||||
| 397 BRIDGE STEET 9TH FLOOR | BROOKLYN | NY | 11201 | 263206518 | 501(C)(3) | $88,484 | $0 | PROSPECT SCHOOL ANNUAL FUND - GENERAL OPERATING EXPENSES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION WAS ESTABLISHED TO RAISE FUNDS IN SUPPORT OF THE OPERATIONS OF BROOKLYN PROSPECT CHARTER SCHOOL. EACH YEAR, THE MONEY RAISED AS PART OF THE ORGANIZATION'S ANNUAL FUND IS DONATED TO BROOKLYN PROSPECT CHARTER SCHOOL TO BE SPENT ON GENERAL OPERATING EXPENSES OF THE SCHOOL. THE USE OF THE FUNDS IS MONITORED THROUGH THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRESHA WARD | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $314,861 | $0 | $0 | $0 | $0 | $0 | $12,667 | $0 | $5,461 | $0 | $332,989 | $0 | $0 | $0 |
| HILLARY PRINCE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $220,052 | $0 | $0 | $0 | $0 | $0 | $9,135 | $0 | $36,039 | $0 | $265,226 | $0 | $0 | $0 |
| YEHONATAN SAMUEL-SIEGEL | ||||||||||||||
| CHIEF OPERATING OFFICER | $205,491 | $0 | $0 | $0 | $0 | $0 | $8,656 | $0 | $37,836 | $0 | $251,983 | $0 | $0 | $0 |
| PAUL ASTUTO | ||||||||||||||
| CHIEF OF STAFF | $193,281 | $0 | $0 | $0 | $0 | $0 | $7,917 | $0 | $27,446 | $0 | $228,644 | $0 | $0 | $0 |
| LISA CHEN | ||||||||||||||
| CHIEF PEOPLE OFFICER | $198,533 | $0 | $0 | $0 | $0 | $0 | $8,019 | $0 | $11,515 | $0 | $218,067 | $0 | $0 | $0 |
| PABLO TAVAREZ | ||||||||||||||
| SR. DIR. OF SCHOOL OPERATIONS | $138,695 | $0 | $0 | $0 | $0 | $0 | $4,250 | $0 | $31,013 | $0 | $173,958 | $0 | $0 | $0 |
| SARAH ANN CANEY | ||||||||||||||
| DEPUTY CHIEF OF SCHOOLS | $157,180 | $0 | $0 | $0 | $0 | $0 | $6,408 | $0 | $10,167 | $0 | $173,755 | $0 | $0 | $0 |
| KYLIE TAYLOR BARKER | ||||||||||||||
| SR. DIR. OF TEACHING & LEARNING | $160,408 | $0 | $0 | $0 | $0 | $0 | $6,448 | $0 | $0 | $0 | $166,856 | $0 | $0 | $0 |
| KIM RACCIO | ||||||||||||||
| SR. DIR. OF OF NEW SCHOOLS & LEADERS | $146,926 | $0 | $0 | $0 | $0 | $0 | $5,983 | $0 | $8,375 | $0 | $161,284 | $0 | $0 | $0 |
| GINA ELVIRA BARKER | ||||||||||||||
| SR. OF DIR. COMMUNICATIONS | $132,625 | $0 | $0 | $0 | $0 | $0 | $5,509 | $0 | $12,958 | $0 | $151,092 | $0 | $0 | $0 |
| JONATHAN MCINTOSH | ||||||||||||||
| FORMER CHIEF ACADEMIC OFFICER | $48,589 | $0 | $2,500 | $0 | $75,383 | $0 | $0 | $0 | $7,337 | $0 | $133,809 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4A | JONATHAN MCINTOSH, FORMER CHIEF ACADEMIC OFFICER, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $74,984 AS REPORTED ON PART II, COLUMN B (III). |
| PART I, LINE 7 | THE ORGANIZATION AWARDED A DISCRETIONARY BONUS TO A PERSON LISTED ON PART VII OF THE 990, AND IS REPORTED IN PART II, COLUMN B(II). |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY MANAGEMENT FOR APPROVAL. IF CHANGES ARE REQUIRED, MANAGEMENT WILL THEN FORWARD THESE CHANGES TO THE ACCOUNTING FIRM AND A FINAL VERSION WILL BE DISTRIBUTED TO THE BOARD MEMBERS AFTER SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO TRUSTEES, OFFICERS, AND KEY PERSONS. UPON ELECTION OR APPOINTMENT, AND ON AN ANNUAL BASIS THEREAFTER, COVERED PERSONS MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AND MUST SIGN A STATEMENT, WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. THE WRITTEN DISCLOSURE STATEMENTS ARE SUBMITTED TO AND REVIEWED BY THE CHAIRPERSON OF THE BOARD. IF A POTENTIAL CONFLICT ARISES BETWEEN ANNUAL UPDATES, THE PERSON INVOLVED HAS A DUTY TO PROMPTLY DISCLOSE ALL MATERIAL FACTS PERTAINING TO A POTENTIAL CONFLICT OF INTEREST. DETERMINATIONS REGARDING CONFLICT MATTERS ARE TO BE MADE BY THE BOARD OF TRUSTEES BY MAJORITY VOTE. AT THE TIME OF ANY DELIBERATION CONCERNING CONFLICTS OF INTEREST THE PERSON INVOLVED MUST NOT BE PRESENT, UNLESS ASKED TO PROVIDE ADDITIONAL INFORMATION, AND SUCH PERSON MAY NOT VOTE ON THE MATTER. THE EXISTENCE AND RESOLUTION OF ANY REPORTED CONFLICTS OF INTEREST ARE DOCUMENTED IN THE BOARD MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF THE CHIEF EXECUTIVE OFFICER OF THE ORGANIZATION WAS BASED ON REVIEW OF COMPARABILITY DATA PROVIDED BY THE DEPARTMENT OF EDUCATION, INCLUDING SALARY SURVEYS. THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES REVIEWED, DETERMINED AND LAST APPROVED COMPENSATION IN 2023. THE DISCUSSIONS AND DELIBERATIONS WERE DOCUMENTED IN THE COMMITTEE MINUTES. FORM 990, PART VI, SECTION B, LINE 15B: COMPENSATION OF THE OTHER OFFICERS OF THE ORGANIZATION WAS BASED ON REVIEW OF COMPARABILITY DATA PROVIDED BY THE DEPARTMENT OF EDUCATION, INCLUDING SALARY SURVEYS. THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES REVIEWED, DETERMINED AND LAST APPROVED COMPENSATION IN 2023. THE DISCUSSIONS AND DELIBERATIONS WERE DOCUMENTED IN THE COMMITTEE MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Comments