2025-05-15T20:47:07+00:00 2024-06-30 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-07-01 135653140 Corlears School CORL 2127412800 324 WEST 15TH STREET NEW YORK NY 10011 Eunice Armstrong CFO 2127412800 2025-05-16 true true Aaron Shapiro P01333816 2128127000 2025-05-16 2023 2025-03-06 01:10:19Z Eunice Armstrong 324 WEST 15TH STREET NEW YORK NY 10011 7170982 false X WWW.CORLEARSSCHOOL.ORG X 1970 NY TO OPERATE A NON-PROFIT PRIVATE SCHOOL FOR STUDENTS AGED 2-10. 11 11 84 25 0 0 2351080 894718 4871192 6168268 22 351 -80328 29963 7141966 7093300 1559269 2350702 0 0 4972889 5362979 0 233709 1958362 2041713 8490520 9755394 -1348554 -2662094 11867666 10674642 11890090 12235522 -22424 -1560880 CORLEARS STUDENTS LEARN, PLAY, AND GROW TOGETHER IN A SCHOOL DESIGNED FOR WHO THEY ARE AT AGES 2 THROUGH 10. DURING THESE CRUCIAL FORMATIVE YEARS, WE BUILD A FOUNDATION OF COMPASSION, CRITICAL THINKING, IMAGINATION AND LEADERSHIP, AND CULTIVATE A JOY AND CONFIDENCE IN LEARNING THAT SERVES OUR GRADUATES THROUGHOUT THEIR LIVES. false false 7177371 2350702 6168268 CORLEARS SCHOOL IS AN INDEPENDENT SCHOOL FOR STUDENTS AGED 2-10. IT PROVIDES NURSERY THROUGH FIFTH GRADE EDUCATIONAL SERVICES. CORLEARS SERVED 129 STUDENTS DURING THE 23-24 SCHOOL YEAR WITH A MISSION AS CORLEARS STUDENTS LEARN, PLAY, AND GROW TOGETHER IN A SCHOOL DESIGNED FOR WHO THEY ARE. DURING THESE CRUCIAL FORMATIVE YEARS, WE BUILD A FOUNDATION OF COMPASSION, CRITICAL THINKING, IMAGINATION AND LEADERSHIP, AND CULTIVATE A JOY AND CONFIDENCE IN LEARNING THAT SERVES OUR GRADUATES THROUGHOUT THEIR LIVES. 7177371 true true false false false false false false true true false false false true false false false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 33 0 84 true false false false false false true true false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false NY X EUNICE ARMSTRONG 2127412800 324 WEST 15 STREET NEW YORK NY 10011 BRANDON WEBER CHAIR 2.0 X X 0 0 0 DEEPTI SHENOY CO-SECRETARY 2.0 X X 0 0 0 JOEL STEINHAUS CO-VICE CHAIR 2.0 X X 0 0 0 CHRISTOPHER GRIMALDI TRUSTEE 2.0 X 0 0 0 DARSHA KING TRUSTEE 2.0 X 0 0 0 ELENA SELF TRUSTEE 2.0 X 0 0 0 JEFFREY WHYTE TRUSTEE 2.0 X 0 0 0 MAHESH SAIREDDY TRUSTEE 2.0 X 0 0 0 RENEE NICHOLSON TRUSTEE 2.0 X 0 0 0 SARAH WATSON TRUSTEE 2.0 X 0 0 0 SAVITA BHARADWA TRUSTEE 2.0 X 0 0 0 DAVID EGOLF HEAD OF SCHOOL 40.0 X 304009 0 10550 ROBERT FANTAUZZI CFO 40.0 X 214394 0 0 Alex Gelman Director of Operations 40.0 X 101220 0 5643 AMANDA STEINER Director of Marketing 40.0 X 137311 0 13950 Brenda Daniels Elementary Divison Director 40.0 X 121442 0 17321 COLLEEN GODDARD Early Childhood Divison Director 40.0 X 124907 0 13336 MANSI VASA Assistant Head of School 40.0 X 143083 0 8221 1146366 0 69021 8 false true false 0 132821 761897 894718 TUITION & FEES 611110 5790053 5790053 AFTER SCHOOL 611110 60535 60535 SUMMER SCHOOL 611110 317680 317680 0 0 0 0 6168268 351 351 2135 2135 0 2135 2135 0 0 38787 132821 77682 -38895 -38895 MISCELLANEOUS 900099 66723 66723 0 0 0 0 66723 7093300 6168268 0 30314 2350702 2350702 583312 346369 212863 24080 3998635 2374375 1459190 165070 125604 74583 45836 5185 335899 199456 122577 13866 319529 189735 116603 13191 3750 3750 34540 34540 45722 45722 224032 85953 138079 0 504758 444687 60071 726089 659077 67012 319695 287726 23977 7992 FOOD 164708 164708 BAD DEBT 11077 11077 MISCELLANEOUS 7342 3017 4325 0 0 0 0 9755394 7177371 2344314 233709 412828 111156 1001 1227 20159 191485 895073 99049 0 0 0 0 25980 13279 15393265 5463417 10199098 9929848 0 0 313527 328598 11867666 10674642 581581 509697 1900592 2332908 0 0 9297167 9282167 110750 110750 11890090 12235522 X -22424 -1560880 -22424 -1560880 11867666 10674642 -2662094 1123638 0 X false false false X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61004 22 22 61004 61004 22 22 61004 61004 528 528 61004 61004 2539 2539 61004 61004 6283 6283 61004 0.0 1.0 0.0 false false 453000 453000 14371990 4924887 9447103 568275 538530 29745 9929848 Student Bonds Payable 110750 110750 Schedule D, Part V, Line 4 Intended uses of endowment funds TO ACCRUE INTEREST EARNINGS TO SUPPLEMENT EDUCATIONAL PROGRAMS. true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY SCHOOL WEBSITE, ENROLLMENT AND EMPLOYMENT APPLICATIONS, AND SOCIAL MEDIA. ANNUAL GALA 171608 132821 38787 14650 32567 2000 28465 0 0 171608 132821 38787 14650 32567 2000 28465 77682 -38895 true Financial Aid 35 2350702 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE BOARD ANNUALLY MEETS TO DECIDE THE FINANCIAL AID BEING AWARDED FOR THE YEAR. ALL AMOUNTS ARE REVIEWED AND APPROVED IN THE FOLLOWING MANNER: FAMILIES ARE REQUIRED TO REGISTER AND PROVIDE EARNINGS DATA TO A THIRD-PARTY FINANCIAL EVALUATOR. THE FINANCIAL AID COMMITTEE REVIEWS THE INFORMATION AND MAKES A DECISION BASED UPON NEED. THIS PROCEDURE IS DONE ANNUALLY BY MARCH. X X X X false false false false false false false false false DAVID EGOLF HEAD OF SCHOOL 304009 0 0 0 0 0 0 0 10550 0 314559 0 0 0 ROBERT FANTAUZZI CFO 214394 0 0 0 0 0 0 0 0 0 214394 0 0 0 AMANDA STEINER Director of Marketing 137311 0 0 0 0 0 7744 0 6206 0 151261 0 0 0 MANSI VASA Assistant Head of School 143083 0 0 0 0 0 8221 0 0 0 151304 0 0 0 Form 990, Part VI, Line 11b Review of form 990 by governing body THE DIRECTOR OF FINANCE & BUSINESS OPERATIONS ALONG WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAVE BEEN TASKED TO REVIEW THE FORM 990 AFTER COMPLETION BY INDEPENDENT TAX ACCOUNTANTS. ONCE THE COMMITTEE'S REVIEW IS COMPLETE, IT WILL BE PROVIDED TO THE FULL BOARD FOR REVIEW. IN THE EVENT THAT QUESTIONS ARISE DURING THE AUDIT COMMITTEE REVIEW OR BOARD REVIEW, AND THE DIRECTOR OF FINANCE & BUSINESS OPERATIOSN IS UNABLE TO PROVIDE AN APPROPRIATE RESPONSE, THE TAX ACCOUNTANTS WILL BE REQUESTED TO PROVIDE FURTHER CLARIFICATION. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. EACH YEAR, EVERY MEMBER OF THE BOARD OF TRUSTEES, AS WELL AS OFFICERS OF THE ORGANIZATION, CERTIFY THAT THEY HAVE READ THE POLICY AND AGREE TO BE BOUND BY ITS PROVISIONS. THE POLICY NOT ONLY CONTAINS DETAILED PROCEDURES FOR IDENTIFYING CONFLICT OF INTEREST AND RELATED PARTY TRANSACTIONS, BUT ALSO THE PROCESS BY WHICH THE BOARD REVIEWS AND POSSIBLY APPROVES SUCH TRANSACTIONS, AND THE STEPS TO BE TAKEN IF A PERSON SUBJECT TO THE POLICY FAILS TO COMPLY WITH IT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE HEAD OF SCHOOL'S COMPENSATION ANNUALLY BASED UPON THE CONTRACT REQUIREMENTS AND AN EXAMINATION OF DATA FROM COMPARABLE INSTITUTIONS TO DETERMINE REASONABLE COMPENSATION. THE PROCESS TO DETERMINE COMPENSATION OF KEY EMPLOYEES USES COMPARABLE DATA PROVIDED BY NAIS, THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. THE NAIS DATA MANAGEMENT ANNUAL COLLECTION PROCESS, KNOWN AS DASL, COLLECTS COMPARATIVE DATA FROM ALL OF THEIR MEMBER SCHOOLS IN THE FALL EACH YEAR. COMPARATIVE DATA CAN BE FILTERED TO SIMILAR SIZED SCHOOLS, GEOGRAPHY, GRADE RANGE, AND SPECIFIC AREAS OF NEW YORK CITY. DATA IS ACCESSED ONLINE AND DOWNLOADED TO EXCEL SHEETS FOR FURTHER COMPARISON AND REVIEW. THE DATA IS REVIEWED BY THE HEAD OF SCHOOL, WHO DETERMINES THE ANNUAL SALARIES FOR ALL KEY EMPLOYEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE DATA IS REVIEWED BY THE HEAD OF SCHOOL, WHO DETERMINES THE ANNUAL SALARIES FOR ALL KEY EMPLOYEES. Form 990, Part VI, Line 19 Required documents available to the public UPON REQUEST TO THE HEAD OF SCHOOL OR THE DIRECTOR OF FINANCE & BUSINESS OPERATIONS.