BANK STREET COLLEGE OF EDUCATION: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BANK STREET COLLEGE OF EDUCATION (EIN 13-5562167)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-05-14
- IRS object ID
- 202111349349305101
- Schema version
- 2019v5.1
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-14T13:46:39-05:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 Park Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101540102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562167 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK STREET COLLEGE OF EDUCATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ERIN FLANSBURG | InCareOfNm |
| Business Name Control | BANK | BusinessNameControlTxt |
| Phone | 2128754400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 WEST 112TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100251120 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | APARNA MURALIDHARAN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2129613370 | PhoneNum |
| Signature | 2021-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHRISTINA ROSSETTI | PreparerPersonNm |
| PTIN | P01491094 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2021-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHAEL POLAKOW-SURANSKY PRES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 WEST 112TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $72,702,257 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.bankstreet.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1931 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | Bank Street college of education is an independent co-educational institution. For more information, see Schedule O. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 929 | TotalEmployeeCnt |
| Total Volunteers | 1000 | TotalVolunteersCnt |
| Total Gross UBI | $138,804 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$652,683 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,287,786 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,173,838 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,083,955 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,779,539 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,063,454 | PYInvestmentIncomeAmt |
| CY Investment Income | $770,852 | CYInvestmentIncomeAmt |
| PY Other Revenue | $937,015 | PYOtherRevenueAmt |
| CY Other Revenue | $726,851 | CYOtherRevenueAmt |
| PY Total Revenue | $68,372,210 | PYTotalRevenueAmt |
| CY Total Revenue | $64,451,080 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,745,719 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,688,061 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $44,324,538 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $45,129,232 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,978,304 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,035,678 | PYOtherExpensesAmt |
| CY Other Expenses | $14,990,131 | CYOtherExpensesAmt |
| PY Total Expenses | $67,105,935 | PYTotalExpensesAmt |
| CY Total Expenses | $68,807,424 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,266,275 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,356,344 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $97,642,294 | TotalAssetsBOYAmt |
| Total Assets EOY | $91,645,236 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $42,320,755 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $44,425,104 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $55,321,539 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $47,220,132 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Bank Street college of education is an independent co-educational institution. For more information, see schedule O. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $23,742,666 | ExpenseAmt |
| Grant | $5,900,710 | GrantAmt |
| Revenue | $27,570,924 | RevenueAmt |
| Desc | SCHOOL FOR CHILDREN - BANK STREET HAS BEEN SERVING STUDENTS FOR 100 YEARS BY PROVIDING HIGH QUALITY EARLY CHILDHOOD PROGRAMS WHICH INCLUDE AN INDEPENDENT PROGRESSIVE SCHOOL FOR CHILDREN, AN ONSITE FAMILY CENTER AND AFTER SCHOOL AND SUMMER CAMP PROGRAMS. THE FAMILY CENTER, THE SCHOOL FOR CHILDREN, AFTER SCHOOL AND SUMMER CAMP ARE REFERRED TO AS CHILDREN'S PROGRAMS AT BANK STREET, AND ARE ADMINISTERED BY THE DEAN OF CHILDREN'S PROGRAMS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,319,477 | ExpenseAmt |
| Grant | $2,787,351 | GrantAmt |
| Revenue | $18,806,907 | RevenueAmt |
| Desc | GRADUATE SCHOOL - BANK STREET'S GRADUATE SCHOOL OF EDUCATION OFFERS MASTER'S PROGRAMS THAT INTEGRATE DIRECT EXPERIENCE WITH CHILDREN, TEACHERS AND FAMILIES, EXPLORATION AND EXAMINATION OF THEORY AND OBSERVATION AND REFLECTION. OUR GRADUATE DEGREES IN EDUCATION PROVIDE OUR STUDENTS WITH A THOROUGH, RIGOROUS, HUMANISTIC FOUNDATION FOR THEIR CAREERS IN EARLY CHILDHOOD, ELEMENTARY, AS WELL AS EDUCATIONAL LEADERSHIP, MUSEUM EDUCATION, CHILD LIFE, AND READING AND LITERACY. WE PREPARE EDUCATORS TO FIND WAYS TO MAKE LEARNING VITAL, ACTIVE, AND CREATIVE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,846,067 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $390,912 | RevenueAmt |
| Desc | BSEC - THE BANK STREET EDUCATION CENTER PARTNERS WITH SCHOOLS, SCHOOL SYSTEMS, STATES, AND COMMUNITITES TO FOSTER POSITIVE LEARNING OUTCOMES FOR STUDENTS AND EDUCATORS AND TO ADVANCE PRACTICE AND POLICY IN THE FIELD OF EDUCATION NATIONWIDE. FOR MORE INFORMATION, SEE SCHEDULE O. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,448,593 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $398,224 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $50,356,803 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | 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 | Yes (true) | 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 | false | 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 | 1297 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 929 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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 |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERIN FLANSBURG | PersonNm |
| Phone | 2129613358 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 WEST 112TH STREET | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Shael Polakow-Suransky | |||||||||
| PRESIDENT & TRUSTEE | 35.0 | 0.0 | Yes (X) | Yes (X) | $551,956 | $0 | $203,006 | ||
| Jed Lippard | |||||||||
| Dean, School for Children | 35.0 | 0.0 | $384,748 | $0 | $96,335 | Yes (X) | |||
| Justin Tyack | |||||||||
| Chief Operating Officer | 35.0 | 0.0 | Yes (X) | $311,970 | $0 | $31,568 | |||
| Ceceila Traugh | |||||||||
| Dean, Grad School | 35.0 | 0.0 | $210,268 | $0 | $53,504 | Yes (X) | |||
| Alpha Conteh | |||||||||
| CFO (UNTIL 2/14/20) | 35.0 | 0.0 | Yes (X) | $202,037 | $0 | $55,538 | |||
| Douglas Knecht | |||||||||
| Director, Bank St Ed Center | 35.0 | 0.0 | $206,717 | $0 | $50,858 | Yes (X) | |||
| Laura Guarino | |||||||||
| ASSOC. DEAN, SCH FOR CHILDREN | 35.0 | 0.0 | $210,903 | $0 | $31,550 | Yes (X) | |||
| Marcela Hahn | |||||||||
| Vice President, DERO | 35.0 | 0.0 | $216,859 | $0 | $17,632 | Yes (X) | |||
| Suleyni Abreu | |||||||||
| Administrative Officer, CAO | 35.0 | 0.0 | $154,160 | $0 | $50,956 | Yes (X) | |||
| Judith Johnson | |||||||||
| Administrative Officer, IT | 35.0 | 0.0 | $149,393 | $0 | $50,819 | Yes (X) | |||
| Tracy Fray-Oliver | |||||||||
| Director, Bank St Ed Center | 35.0 | 0.0 | $165,764 | $0 | $26,048 | Yes (X) | |||
| Anthony Asnes | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Charles R Bendit | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jay Chakrapani | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jonathan Cole | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Yolanda C Ferrell-Brown | |||||||||
| Trustee and Chair | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Felice Friedman | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ofelia Garcia | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Victoria Hamilton | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Margaret Honey | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Josh Isay | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kristen Kane | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Fern Khan | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kenneth Lerer | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Adam Litke | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Rebecca Mai | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Adam Max | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Elizabeth S Pforzheimer | |||||||||
| Trustee and Vice Chair | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Sandra Pinnavaia | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Camilla Rab | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Claudia Romo Edelman | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Barbara Schatz | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Anne V Shutkin | |||||||||
| Trustee and Secretary | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Jeffrey Q Smith | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Howard S Stein | |||||||||
| Trustee and Treasurer | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Jeffrey I Sussman | |||||||||
| Trustee and Vice Chair | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Kevin Woodruff | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Rose Klein Young | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Wendy Van Amson | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Debbie Zlotowitz | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,764,775 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $667,814 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 75 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| METEOR LEARNING INC | |||||
| 301 EDGEWATER PLACE SUITE 210 | WAKEFIELD | MA | 01880 | ONLINE LEARN CONS | $352,992 |
| Drivestream Inc | |||||
| 45610 WOODLAND ROAD SUITE 150 | STERLING | VA | 20166 | PAYROLL CONSULTING | $308,352 |
| AMERICAN ELEVATOR | |||||
| 36-26 31ST STREET PO BOX 6069 | LONG ISLAND CITY | NY | 11106 | ELEVATOR RENOVATION | $231,711 |
| KPMG LLP | |||||
| DEPT 0511 PO BOX 120511 | DALLAS | TX | 75312 | AUDIT, TAX SERVICES | $217,350 |
| MACRO CONSULTANTS LLC | |||||
| 1040 AVE OF THE AMERICAS 15TH FL | NEW YORK | NY | 10018 | PROJECT MANAGEMENT | $209,423 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $421,758 | FundraisingAmt |
| Government Grants | $7,120,867 | GovernmentGrantsAmt |
| All Other Contributions | $8,631,213 | AllOtherContributionsAmt |
| Noncash Contributions | $200,810 | NoncashContributionsAmt |
| Total Contributions | $16,173,838 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $41,799,088 | $41,799,088 |
| PROFESSIONAL DEVELOPMENT FEES | 611430 | $4,582,227 | $4,582,227 |
| AUXILIARY ACTIVITIES | 722320 | $398,224 | $398,224 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,779,539 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,170,338 | TotalRevenueColumnAmt |
| Exclusion | $1,170,338 | 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 | $12,834 | TotalRevenueColumnAmt |
| Exclusion | $12,834 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,755 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,755 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,755 | TotalRevenueColumnAmt |
| Exclusion | $6,755 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,357,307 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,756,793 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$399,486 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$399,486 | TotalRevenueColumnAmt |
| Exclusion | -$399,486 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $214,615 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $421,758 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $92,380 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $122,235 | TotalRevenueColumnAmt |
| Exclusion | $122,235 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $540,808 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $402,004 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $138,804 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $138,804 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| CONTINUING PROF STUDIES REV | 900099 | $138,569 | $138,569 | |
| MONEY MARKET INTEREST | 900099 | $58,795 | $58,795 | |
| OTHER INCOME | 900099 | $248,859 | $248,859 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $446,223 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,451,080 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $47,166,967 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $138,804 | UnrelatedBusinessRevenueAmt |
| Exclusion | $971,471 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,688,061 | TotalAmt |
| Program Services | $8,688,061 | 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 | $2,285,412 | TotalAmt |
| Program Services | $432,652 | ProgramServicesAmt |
| Management And General | $1,547,828 | ManagementAndGeneralAmt |
| Fundraising | $304,932 | 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 | $32,575,385 | TotalAmt |
| Program Services | $25,078,747 | ProgramServicesAmt |
| Management And General | $6,466,896 | ManagementAndGeneralAmt |
| Fundraising | $1,029,742 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,725,770 | TotalAmt |
| Program Services | $1,328,615 | ProgramServicesAmt |
| Management And General | $342,602 | ManagementAndGeneralAmt |
| Fundraising | $54,553 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,072,551 | TotalAmt |
| Program Services | $4,675,064 | ProgramServicesAmt |
| Management And General | $1,205,528 | ManagementAndGeneralAmt |
| Fundraising | $191,959 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,470,114 | TotalAmt |
| Program Services | $1,901,662 | ProgramServicesAmt |
| Management And General | $490,369 | ManagementAndGeneralAmt |
| Fundraising | $78,083 | 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 | $115,170 | TotalAmt |
| Management And General | $115,170 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,435 | TotalAmt |
| Program Services | $38,814 | ProgramServicesAmt |
| Management And General | $168,621 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,250 | TotalAmt |
| Management And General | $63,250 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,147 | TotalAmt |
| Management And General | $221,147 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,552,168 | TotalAmt |
| Program Services | $2,067,137 | ProgramServicesAmt |
| Management And General | $1,389,283 | ManagementAndGeneralAmt |
| Fundraising | $95,748 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,210 | TotalAmt |
| Program Services | $35,080 | ProgramServicesAmt |
| Management And General | $145,522 | ManagementAndGeneralAmt |
| Fundraising | $608 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,269,886 | TotalAmt |
| Program Services | $929,715 | ProgramServicesAmt |
| Management And General | $243,446 | ManagementAndGeneralAmt |
| Fundraising | $96,725 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $875,213 | TotalAmt |
| Program Services | $76,011 | ProgramServicesAmt |
| Management And General | $799,202 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,452,997 | TotalAmt |
| Program Services | $1,342,356 | ProgramServicesAmt |
| Management And General | $1,110,641 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,669 | TotalAmt |
| Program Services | $279,530 | ProgramServicesAmt |
| Management And General | $37,489 | ManagementAndGeneralAmt |
| Fundraising | $2,650 | FundraisingAmt |
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 | $1,078,136 | TotalAmt |
| Program Services | $960,498 | ProgramServicesAmt |
| Management And General | $99,928 | ManagementAndGeneralAmt |
| Fundraising | $17,710 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $654,719 | TotalAmt |
| Program Services | $339,345 | ProgramServicesAmt |
| Management And General | $296,202 | ManagementAndGeneralAmt |
| Fundraising | $19,172 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,799,126 | TotalAmt |
| Program Services | $1,561,678 | ProgramServicesAmt |
| Management And General | $1,167,595 | ManagementAndGeneralAmt |
| Fundraising | $69,853 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $307,421 | TotalAmt |
| Program Services | $1,457 | ProgramServicesAmt |
| Management And General | $305,964 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BANK FEES | $232,109 | $162,011 | $56,132 | $13,966 |
| MEMBERSHIP FEES | $102,976 | $61,939 | $38,434 | $2,603 |
| OTHER EXPENSES | $557,499 | $396,431 | $161,068 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,807,424 | TotalAmt |
| Program Services | $50,356,803 | ProgramServicesAmt |
| Management And General | $16,472,317 | ManagementAndGeneralAmt |
| Fundraising | $1,978,304 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,279,166 | BOYAmt |
| EOY | $2,512,281 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,444,334 | BOYAmt |
| EOY | $2,759,125 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,473,628 | BOYAmt |
| EOY | $6,491,896 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,582,454 | BOYAmt |
| EOY | $2,775,953 | 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 | $27,916 | BOYAmt |
| EOY | $27,916 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $297,122 | BOYAmt |
| EOY | $360,668 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,465,713 | BOYAmt |
| EOY | $964,209 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $61,868,517 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,152,212 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,426,187 | BOYAmt |
| EOY | $28,716,305 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,035,438 | BOYAmt |
| EOY | $46,185,350 | 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 | $332,970 | BOYAmt |
| EOY | $300,137 | 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 | $1,277,366 | BOYAmt |
| EOY | $551,396 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,642,294 | BOYAmt |
| EOY | $91,645,236 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,636,179 | BOYAmt |
| EOY | $6,305,424 | 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 | $7,564,237 | BOYAmt |
| EOY | $5,780,135 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,614,410 | BOYAmt |
| EOY | $18,116,489 | 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 | $0 | BOYAmt |
| EOY | $0 | 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 | $11,505,929 | BOYAmt |
| EOY | $14,223,056 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,320,755 | BOYAmt |
| EOY | $44,425,104 | 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 | $13,584,026 | BOYAmt |
| EOY | $4,313,587 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,737,513 | BOYAmt |
| EOY | $42,906,545 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,321,539 | BOYAmt |
| EOY | $47,220,132 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,642,294 | BOYAmt |
| EOY | $91,645,236 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$4,356,344 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,055,638 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,689,425 | 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 | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,819,189 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,234,896 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,487,832 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,287,786 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,173,838 | CurrentTaxYearAmt |
| Total | $68,003,541 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,819,189 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,234,896 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,487,832 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,287,786 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,173,838 | CurrentTaxYearAmt |
| Total | $68,003,541 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,863,096 | SubstantialContributorsTotAmt |
| Public Support Total170 | $54,140,445 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,001,419 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $913,449 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,084,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,298,622 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,189,927 | CurrentTaxYearAmt |
| Total | $9,487,493 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $391,660 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $359,865 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $601,411 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $781,164 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $660,838 | CurrentTaxYearAmt |
| Total | $2,794,938 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $80,285,972 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $250,090,639 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.67434 | PublicSupportCY170Pct |
| Public Support PY170 | 0.68280 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $63,202 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $63,202 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | OTHER ACTIVITIES | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE C, PART II-B, LINE 1J BANK STREET COLLEGE OF EDUCATION HIRED A CONSULTING FIRM THAT SPECIALIZES IN LOBBYING ACTIVITIES RELATED TO THE HIGHER EDUCATION INDUSTRY. THE COLLEGE PAID $63,000 TO LOBBYING CONSULTANTS DURING THE YEAR ENDED JUNE 30, 2020. IN ADDITION, THE COLLEGE IS A MEMBER OF VARIOUS ORGANIZATIONS THAT PROMOTE THE NEEDS OF HIGHER EDUCATION, AS WELL AS PROVIDE INFORMATION TO THE INDUSTRY (E.G. NACUBO). APPROXIMATELY 7% OF ANNUAL DUES IS ATTRIBUTED TO LOBBYING ACTIVITIES AND INCLUDED IN LINE 1J. | ExplanationTxt |
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 | $30,583,675 | BeginningYearBalanceAmt |
| Contributions | $75,641 | ContributionsAmt |
| Investment Earnings Or Losses | -$252,193 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,108,042 | GrantsOrScholarshipsAmt |
| End Year Balance | $29,299,081 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,601,528 | BeginningYearBalanceAmt |
| Contributions | $253,285 | ContributionsAmt |
| Investment Earnings Or Losses | $1,775,390 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,046,528 | GrantsOrScholarshipsAmt |
| End Year Balance | $30,583,675 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,507,697 | BeginningYearBalanceAmt |
| Contributions | $217,869 | ContributionsAmt |
| Investment Earnings Or Losses | $1,796,370 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $920,408 | GrantsOrScholarshipsAmt |
| End Year Balance | $29,601,528 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,745,894 | BeginningYearBalanceAmt |
| Contributions | $1,247,615 | ContributionsAmt |
| Investment Earnings Or Losses | $3,435,054 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $344,218 | GrantsOrScholarshipsAmt |
| Other Expenditures | $576,648 | OtherExpendituresAmt |
| End Year Balance | $28,507,697 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,938,933 | BeginningYearBalanceAmt |
| Contributions | $5,506,356 | ContributionsAmt |
| Investment Earnings Or Losses | -$970,216 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $342,948 | GrantsOrScholarshipsAmt |
| Other Expenditures | $386,231 | OtherExpendituresAmt |
| End Year Balance | $24,745,894 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.03110 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.96890 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $767,580 | OtherCostOrOtherBasisAmt |
| Book Value | $767,580 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $13,070,543 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,952,137 | DepreciationAmt |
| Book Value | $3,118,406 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $32,870,377 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,075,809 | DepreciationAmt |
| Book Value | $19,794,568 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $7,112,378 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,667,010 | DepreciationAmt |
| Book Value | $1,445,368 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $8,047,639 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,457,256 | DepreciationAmt |
| Book Value | $3,590,383 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $28,716,305 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| POSTRETIREMENT HEALTH BENEFIT PLAN | $11,321,020 |
| CONDITIONAL ASSET RETIREMENT OBLIG | $484,885 |
| REFUNDABLE GOVT LOAN PROGRAM | $644,945 |
| INTEREST RATE SWAP LIABILITY | $1,772,206 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,223,056 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $55,181,331 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,055,638 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$8,688,061 | OtherRevenueAmt |
| Revenue Not Reported | -$9,743,699 | RevenueNotReportedAmt |
| Revenue Subtotal | $64,925,030 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $221,147 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$695,097 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$473,950 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $64,451,080 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $63,282,738 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,384,522 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,384,522 | ExpensesNotReportedAmt |
| Expenses Subtotal | $59,898,216 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $221,147 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $8,688,061 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,909,208 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $68,807,424 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Endowment funds | Form 990, Schedule D, Part V, line 4 THE COLLEGE'S ENDOWMENT CONSISTS OF A PORTFOLIO OF FUNDS ESTABLISHED TO PROVIDE BOTH A SOURCE OF OPERATING FUNDS AS WELL AS LONG-TERM FINANCIAL STABILITY. THE ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. ENDOWMENT FUNDS MAY HAVE PURPOSE RESTRICTIONS ON USE OF THE INCOME. |
| UNCERTAIN TAX POSITIONS | FORM 990, SCHEDULE D, PART X, LINE 2 THE COLLEGE IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND THEREFORE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (A) OF THE CODE AND A SIMILAR PROVISION OF THE STATE OF NEW YORK INCOME TAX LAW. ACCORDINGLY, THE COLLEGE IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. THE COLLEGE RECOGNIZES THE BENEFITS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2020 OR 2019. |
| RECONCILIATION OF REVENUE | FORM 990, SCHEDULE D, PART XI LINE 2, D - $(8,688,061) TUITION DISCOUNTS AND SCHOLARSHIPS LINE 4, B - $(402,004) COST OF GOODS SOLD INCLUDED AS EXPENSES ON FINANCIAL $(200,713) TUITION REIMBURSEMENTS INCLUDED IN PART VIII $ (92,380) DIRECT COSTS OF FUNDRAISING EVENTS INCLUDED AS EXPENSES ON FINANCIAL ------------ $(695,097) TOTAL |
| RECONCILIATION OF EXPENSES | FORM 990, SCHEDULE D, PART XII LINE 2, D $402,004 COST OF GOODS SOLD INCLUDED AS EXPENSES ON FINANCIAL $200,713 TUITION REIMBURSEMENTS INCLUDED AS EXPENSES ON FINANCIAL $92,380 DIRECT COSTS OF FUNDRAISING EVENTS INCLUDED AS EXPENSES ON FINANCIAL $802,083 ADJUSTMENT FOR CHANGE IN FV OF INTEREST RATE SWAP $1,887,342 ADJUSTMENT FOR POST RETIREMENT HEALTH BENEFITS ------------ $3,384,522 TOTAL LINE 4,B $8,688,061 TUITION DISCOUNTS AND SCHOLARSHIPS |
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 | RACIALLY NONDISCRIMINATORY POLICY & GOVERNMENT ASSISTANCE | FormAndLineReferenceDesc |
| Explanation | SCHEDULE E, PART I THE COLLEGE PUBLICIZES ITS NON-DISCRIMINATION POLICY IN REGISTRATION MATERIALS, BROCHURES AND ON ITS WEBSITE. THE COLLEGE IS COMMITTED TO ENSURING THAT IT DOES NOT RACIALLY DISCRIMINATE AGAINST ANY INDIVIDUAL. THE COLLEGE RECEIVES FEDERAL AND STATE EDUCATIONAL ASSISTANCE GRANTS SUCH AS PELL, BUNDY AND SIMILAR SOURCES. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Professional Develop. | SpecificServicesProvidedTxt |
| Region Total Expenditures | $130,684 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $130,684 | SubtotalSpentAmt |
| Total Spent | $130,684 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | METHOD OF REPORTING EXPENDITURES | FormAndLineReferenceDesc |
| Explanation | PART I, LINE 3, COLUMN (F) ACCRUAL METHOD. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Trustees Dinner | Event1Nm |
| Gross Receipts Event1 | $483,633 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $387,447 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $96,186 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $0 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $8,953 | OtherDirectExpensesEvent1Amt |
| Event2 | SFC Benefits | Event2Nm |
| Gross Receipts Event2 | $152,740 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $34,311 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $118,429 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $78,995 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $4,432 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $636,373 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $421,758 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $214,615 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $78,995 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $13,385 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $92,380 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $122,235 | NetIncomeSummaryAmt |
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 | GrantTypeTxt |
| Recipient | 595 | RecipientCnt |
| Cash Grant | $8,688,061 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | GRANT ELIGIBILITY & MONITORING | FormAndLineReferenceDesc |
| Explanation | SCHEDULE I, PART 1, LINE 1 AND 2 THE COLLEGE PROVIDES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE COLLEGE. ALL SCHOLARSHIPS ISSUED ARE APPLIED DIRECTLY AGAINST THE STUDENT'S TUITION BALANCE; THEREFORE, THE STUDENT CAN EXERCISE NO DISCRETION IN THE USE OF THE FUNDS. SINCE ALL SCHOLARSHIPS DEFRAY COST OF TUITION, NO FURTHER MONITORING OF THE SCHOLARSHIPS IS REQUIRED. SCHEDULE I, PART I, LINE 2 PROGRAM MANAGERS WORK DIRECTLY WITH THE GRANTEES RECEIVING GRANT FUNDS AND MONITOR THE FUNDS ACCORDING TO THE GRANT AGREEMENT. MONITORING INCLUDES CONDUCTING REGULAR CONTACT/WORKING SESSIONS WITH THE GRANTEE OR DIRECT ASSISTANCE WITH THE IMPLEMENTATION OF THE GRANT ACTIVITIES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shael Polakow-Suransky | ||||||||||||||
| PRESIDENT & TRUSTEE | $510,883 | $0 | $0 | $0 | $41,073 | $0 | $36,500 | $0 | $166,506 | $0 | $754,962 | $0 | $0 | $0 |
| Jed Lippard | ||||||||||||||
| Dean, School for Children | $309,907 | $0 | $0 | $0 | $74,841 | $0 | $24,167 | $0 | $72,168 | $0 | $481,083 | $0 | $0 | $0 |
| Justin Tyack | ||||||||||||||
| Chief Operating Officer | $311,970 | $0 | $0 | $0 | $0 | $0 | $17,500 | $0 | $14,068 | $0 | $343,538 | $0 | $0 | $0 |
| Marcela Hahn | ||||||||||||||
| Vice President, DERO | $216,859 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17,632 | $0 | $234,491 | $0 | $0 | $0 |
| Ceceila Traugh | ||||||||||||||
| Dean, Grad School | $210,268 | $0 | $0 | $0 | $0 | $0 | $14,052 | $0 | $39,452 | $0 | $263,772 | $0 | $0 | $0 |
| Laura Guarino | ||||||||||||||
| ASSOC. DEAN, SCH FOR CHILDREN | $210,903 | $0 | $0 | $0 | $0 | $0 | $16,088 | $0 | $15,462 | $0 | $242,453 | $0 | $0 | $0 |
| Douglas Knecht | ||||||||||||||
| Director, Bank St Ed Center | $206,717 | $0 | $0 | $0 | $0 | $0 | $13,876 | $0 | $36,982 | $0 | $257,575 | $0 | $0 | $0 |
| Suleyni Abreu | ||||||||||||||
| Administrative Officer, CAO | $154,160 | $0 | $0 | $0 | $0 | $0 | $10,313 | $0 | $40,643 | $0 | $205,116 | $0 | $0 | $0 |
| Judith Johnson | ||||||||||||||
| Administrative Officer, IT | $149,393 | $0 | $0 | $0 | $0 | $0 | $10,313 | $0 | $40,506 | $0 | $200,212 | $0 | $0 | $0 |
| Tracy Fray-Oliver | ||||||||||||||
| Director, Bank St Ed Center | $165,764 | $0 | $0 | $0 | $0 | $0 | $10,586 | $0 | $15,462 | $0 | $191,812 | $0 | $0 | $0 |
| Alpha Conteh | ||||||||||||||
| CFO (UNTIL 2/14/20) | $202,037 | $0 | $0 | $0 | $0 | $0 | $13,876 | $0 | $41,662 | $0 | $257,575 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | HOUSING ALLOWANCE THE COLLEGE PROVIDED HOUSING TO THE PRESIDENT, SHAEL POLAKOW-SURANSKY. THE HOUSING PROVIDED WAS FOR THE CONVENIENCE OF THE COLLEGE AND IS TREATED AS A NONTAXABLE BENEFIT. THE PROVIDED HOUSING WAS NOT INCLUDED IN THE PRESIDENT'S IRS FORM W-2. | ExplanationTxt |
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 | DASNY SERIES 2017A | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 146000293 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2017-02-17 | BondIssuedDt |
| Issue Price | $18,000,000 | IssuePriceAmt |
| Purpose | CAPITAL PROJ., REFUND 2002 BOND | 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 | $1,167,197 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $18,000,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $348,229 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $15,664,375 | CapitalExpendituresAmt |
| Other Spent Proceeds | $1,884,044 | OtherSpentProceedsAmt |
| Unspent | $103,352 | UnspentAmt |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
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 | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| 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 | Yes (true) | 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 | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (true) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEOPLE'S UNITED BANK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 0.298 | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART III, LINE 3A | FormAndLineReferenceDesc |
| Explanation | THE MANAGEMENT AND SERVICE CONTRACTS WERE REVIEWED AND IT WAS DETERMINED THE CONTRACTS DO NOT RESULT IN PRIVATE BUSINESS USE. | 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 | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $200,810 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | See Part II | 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| NUMBER OF CONTRIBUTIONS | PART I, COLUMN (B) THE NUMBER OF CONTRIBUTIONS IS REPORTED. |
| METHOD OF DETERMINING NONCASH AMOUNT | PART I, LINE 9, COLUMN (D) MEAN MARKET PRICE ON DATE OF CONTRIBUTION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| BRIEF DESCRIPTION OF ORGANIZATION'S MISSION | FORM 990, PART I, LINE 1 BANK STREET COLLEGE OF EDUCATION IS AN INDEPENDENT CO-EDUCATIONAL INSTITUTION COMPRISED OF A SCHOOL FOR CHILDREN, A GRADUATE SCHOOL OF TEACHER'S EDUCATION, INNOVATION, POLICY AND RESEARCH INITIATIVES, FAMILY CENTER AND CHILDCARE SERVICES AND PROFESSIONAL DEVELOPMENT. |
| ORGANIZATION'S MISSION | FORM 990, PART III, LINE 1 THE MISSION OF BANK STREET COLLEGE IS TO IMPROVE THE EDUCATION OF CHILDREN AND THEIR TEACHERS BY APPLYING TO THE EDUCATION PROCESS ALL AVAILABLE KNOWLEDGE ABOUT LEARNING AND GROWTH, AND BY CONNECTING TEACHING AND LEARNING MEANINGFULLY TO THE OUTSIDE WORLD. IN SO DOING, WE SEEK TO STRENGTHEN NOT ONLY INDIVIDUALS, BUT THE COMMUNITY AS WELL, INCLUDING FAMILY, SCHOOL, AND THE LARGER SOCIETY IN WHICH ADULTS AND CHILDREN, IN ALL THEIR DIVERSITY, INTERACT AND LEARN. WE SEE IN EDUCATION THE OPPORTUNITY TO BUILD A BETTER SOCIETY. |
| FORM 990, PART III, LINE 4C | (CONTINUED FROM PART III) OUR WORK AIMS TO IMPROVE THE CARE AND EDUCATION OF STUDENTS FROM BIRTH THROUGH HIGHER EDUCATION BY STRENGTHENING AND ENABLING THE SUCCESS OF THE ADULTS WHO SUPPORT THEM. THROUGH A DISTINCT SET OF SPECIALIZED PROGRAMS AND PARTNERSHIPS, THE BANK STREET EDUCATION CENTER IS BUILDING AN EVIDENCE BASE TO INFORM LOCAL PRACTICE AND ADDRESS SOME OF THE NATION'S DEEPEST ORGANIZATIONAL CHALLENGES CURRENTLY HINDERING EFFECTIVE AND EQUITABLE TEACHING AND LEARNING FOR ALL. FORM 990, PART III, LINE 4D AUXILIARY ACTIVITIES EXPENSES - 1,448,593, GRANT - 0, REVENUE - 398,224 |
| FORM 990 REVIEW | FORM 990, PART VI, LINE 11B THE FORM 990 WAS PREPARED BY THE COLLEGE'S INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE COLLEGE'S FINANCIAL DEPARTMENT. THE FORM 990 WAS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND A COPY WAS PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO ITS ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C EACH OFFICER AND TRUSTEE OF THE COLLEGE IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF EMPLOYMENT OR BOARD SERVICE WITH THE COLLEGE. THE COLLEGE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. ANYONE REFERENCED ABOVE WHO DISCLOSES A CONFLICT OF INTEREST WILL BE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISION MAKING PROCESS RELATED TO THE CONFLICT. |
| OFFICER COMPENSATION REVIEW | FORM 990, PART VI, LINE 15 A/B THE COLLEGE UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND OTHER OFFICERS OF THE COLLEGE IS REASONABLE GIVEN THE MARKET IN WHICH THE COLLEGE OPERATES; THE MOST RECENT EVALUATION TOOK PLACE IN MARCH 2017. THE COLLEGE HAS ESTABLISHED A COMPENSATION COMMITTEE OF TRUSTEES THAT ARE INDEPENDENT PERSONS WITH NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION AGREEMENT. THE COMPENSATION COMMITTEE UTILIZES COMPARABILITY AND BENCHMARKING SURVEYS TO ENSURE THAT THE COLLEGE COMPENSATES ITS EXECUTIVES COMMENSURATE WITH THE MARKET. THE COMPENSATION COMMITTEE WILL THEN SET THE COMPENSATION FOR THE RELEVANT EXECUTIVES AND DOCUMENT THE DECISION IN THE COMMITTEE MINUTES. |
| DOCUMENT REVIEW POLICY | FORM 990, PART VI, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 $ (802,083) CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $(1,887,342) ADJUSTMENT FOR POSTRETIREMENT HEALTH BENEFIT PLAN ------------- $(2,689,425) TOTAL |
| DE MINIMIS SAFE HARBOR ELECTION | BANK STREET COLLEGE OF EDUCATION HEREBY MAKES THE DE MINIMIS SAFE HARBOR ELECTION UNDER SECTION 1.263(A)-1(F) OF THE TREASURY REGULATIONS, EFFECTIVE FOR THE TAX YEAR ENDING JUNE 30, 2020. TAXPAYER HAS AN APPLICABLE FINANCIAL STATEMENT FOR THE YEAR OF THE ELECTION. THIS ELECTION PERMITS THE TAXPAYER TO DEDUCT FOR TAX PURPOSES ANY ITEM DEDUCTED UNDER ITS BOOK POLICY THAT DOES NOT EXCEED $5,000 PER INVOICE (OR PER ITEM, AS SUBSTANTIATED BY THE INVOICE) OR ITEMS HAVING AN ECONOMIC USEFUL LIFE OF TWELVE MONTHS OR LESS AS DESCRIBED IN SECTION 1.263(A)-1(F)(1)(I). TAXPAYER NAME: BANK STREET COLLEGE OF EDUCATION ADDRESS: 610 WEST 112TH STREET, NEW YORK, NY 10025-1120 TAXPAYER IDENTIFICATION NUMBER: 13-5562167 |