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ASCEND CHARTER SCHOOLS: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ASCEND CHARTER SCHOOLS (EIN 45-3957158)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-17
IRS object ID
202131379349305603
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-17T13:29:35-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAMARONECK AVENUEAddressLine1Txt
CityHARRISONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105281633ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453957158EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASCEND CHARTER SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASCEBusinessNameControlTxt
Phone3474647600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1205 ROCKAWAY PKWYAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHANIE MAUTERSTOCKPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone3474647600PhoneNum
Signature2021-05-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone9143818900PhoneNum
Preparation2021-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHANIE MAUTERSTOCKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1205 ROCKAWAY PKWYAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11212ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$117,818,252GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ASCENDLEARNING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee963TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,292,424PYContributionsGrantsAmt
CY Contributions Grants$7,373,523CYContributionsGrantsAmt
PY Program Service Revenue$96,336,151PYProgramServiceRevenueAmt
CY Program Service Revenue$110,425,069CYProgramServiceRevenueAmt
PY Investment Income$8,527PYInvestmentIncomeAmt
CY Investment Income$10,267CYInvestmentIncomeAmt
PY Other Revenue$20,060PYOtherRevenueAmt
CY Other Revenue$9,393CYOtherRevenueAmt
PY Total Revenue$103,657,162PYTotalRevenueAmt
CY Total Revenue$117,818,252CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$57,201,495PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$68,251,243CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$46,940,394PYOtherExpensesAmt
CY Other Expenses$52,728,726CYOtherExpensesAmt
PY Total Expenses$104,141,889PYTotalExpensesAmt
CY Total Expenses$120,979,969CYTotalExpensesAmt
PY Revenues Less Expenses-$484,727PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,161,717CYRevenuesLessExpensesAmt
Total Assets BOY$23,948,867TotalAssetsBOYAmt
Total Assets EOY$29,376,376TotalAssetsEOYAmt
Total Liabilities BOY$25,347,005TotalLiabilitiesBOYAmt
Total Liabilities EOY$34,443,347TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,398,138NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$5,066,971NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionASCEND CHARTER SCHOOLS' (THE "SCHOOL") MISSION IS TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND. THE SCHOOL WILL SPAN KINDERGARTEN THROUGH THE 12TH GRADE AT MATURITY. FROM THE EARLIEST GRADES, STUDENTS WILL STEADILY BUILD A STRONG FOUNDATION OF LEARNING HABITS, CRITICAL THINKING SKILLS, AND KNOWLEDGE; EXCEL ACADEMICALLY IN THE MIDDLE AND HIGH SCHOOL, MASTERING HIGH-LEVEL MATH AND SCIENCE; AND GRADUATE AS CONFIDENT YOUNG ADULTS, PREPARED TO SUCCEED AS COLLEGE STUDENTS, AS CITIZENS, AND AS LEADERS IN THEIR CHOSEN FIELDS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$98,109,499ExpenseAmt
Revenue$110,425,069RevenueAmt
DescASCEND CHARTER SCHOOLS IS A NETWORK OF K-12 PUBLIC CHARTER SCHOOLS SERVING 5,425 STUDENTS IN 15 SCHOOLS ACROSS BROOKLYNNEW YORK'S MOST POPULOUS BOROUGH. OUR UNDERTAKING IS TO LEAD OUR STUDENTS ON A GREAT INTELLECTUAL ADVENTURE, PROVIDE THEM WITH AN EXCEPTIONAL COLLEGE PREPARATORY EDUCATION, AND PLACE THEM FIRMLY ON THE PATH TO SUCCESS IN COLLEGE AND BEYOND.Desc
Total Program Service Expenses$98,109,499TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document90IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee963EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANDREW EPSTEINBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3474647600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1205 ROCKAWAY PARKWAYAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11212ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerInd
ANASTASIA MICHALS
SCHOOL DIRECTOR60.00Yes (X)$168,886$0$16,578
ZELDA WASHINGTON
SCHOOL DIRECTOR60.00Yes (X)$164,042$0$19,953
BILLIE QUIGLEY
SCHOOL DIRECTOR60.00Yes (X)$144,364$0$15,504
CRYSTAL LANE
SCHOOL DIRECTOR60.00Yes (X)$137,517$0$14,812
TRACY DEOLIVEIRA-LEWIS
SCHOOL DIRECTOR60.00Yes (X)$136,581$0$13,166
STEPHANIE MAUTERSTOCK
BOARD CHAIR2.50$0$0$0Yes (X)Yes (X)
SHELLY CLEARY
CO-TREASURER2.50$0$0$0Yes (X)Yes (X)
GLENN HOPPS
CO-TREASURER2.50$0$0$0Yes (X)Yes (X)
CHRISTINE SCHLENDORF
SECRETARY2.50$0$0$0Yes (X)Yes (X)
AMANDA CRAFT
TRUSTEE2.50$0$0$0Yes (X)
KWAKU ANDOH
TRUSTEE2.50$0$0$0Yes (X)
NADINE SYLVESTER
TRUSTEE2.50$0$0$0Yes (X)
ORAL WALCOTT
TRUSTEE2.50$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$751,390TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$80,013TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K48IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
LAVINIA GROUP
333 WEST 34TH STREETNEW YORKNY10001TRAINING SERVICES$304,650
MARK LANG PAINTING
205 ROCKAWAY PARKWAYBROOKLYNNY11212PAINTING SERVICES$229,850
SMITH & ARCHITECTS PLLC
47-11 30TH AVEASTORIANY11103ARCHITECTURAL SERVICES$116,171
PKF O'CONNOR DAVIES
500 MAMARONECK AVEHARRISONNY10528ACCOUNTING SERVICES$101,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$7,357,414GovernmentGrantsAmt
All Other Contributions$16,109AllOtherContributionsAmt
Total Contributions$7,373,523TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
GOV'T PER-PUPIL REV.611000$98,233,518$98,233,518
GOV'T PER-PUPIL REV.-FACILITIES611000$12,056,551$12,056,551
PROGRAM RELATED RENTAL531120$135,000$135,000
FieldValueIRS element (for citing)
Total Program Service Revenue$110,425,069TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,267TotalRevenueColumnAmt
Exclusion$10,267ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$9,393TotalRevenueColumnAmt
Exclusion$9,393ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$9,393OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$117,818,252TotalRevenueColumnAmt
Related Or Exempt Func Income$110,425,069RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$19,660ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$56,637,647TotalAmt
Program Services$49,091,731ProgramServicesAmt
Management And General$7,545,916ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$499,796TotalAmt
Program Services$433,376ProgramServicesAmt
Management And General$66,420ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,310,245TotalAmt
Program Services$5,479,121ProgramServicesAmt
Management And General$831,124ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,803,555TotalAmt
Program Services$4,165,190ProgramServicesAmt
Management And General$638,365ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$14,549,441TotalAmt
Program Services$5,965,269ProgramServicesAmt
Management And General$8,584,172ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$45,795TotalAmt
Management And General$45,795ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$120,000TotalAmt
Management And General$120,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,627,779TotalAmt
Program Services$1,104,256ProgramServicesAmt
Management And General$523,523ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$219,058TotalAmt
Program Services$190,564ProgramServicesAmt
Management And General$28,494ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,940,763TotalAmt
Program Services$1,483,515ProgramServicesAmt
Management And General$457,248ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,518,151TotalAmt
Program Services$1,317,385ProgramServicesAmt
Management And General$200,766ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$23,513,947TotalAmt
Program Services$20,409,515ProgramServicesAmt
Management And General$3,104,432ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$289,526TotalAmt
Program Services$251,317ProgramServicesAmt
Management And General$38,209ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$23,361TotalAmt
Program Services$19,745ProgramServicesAmt
Management And General$3,616ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,151,464TotalAmt
Program Services$1,856,792ProgramServicesAmt
Management And General$294,672ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$512,350TotalAmt
Program Services$447,777ProgramServicesAmt
Management And General$64,573ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CLASSROOM SUPPLIES$2,387,617$2,387,617
FOOD SERVICES$1,545,896$1,545,896
REPAIRS AND MAINTENANCE$994,464$850,166$144,298
STAFF DEVELOPMENT$754,437$692,937$61,500

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$534,677TotalAmt
Program Services$417,330ProgramServicesAmt
Management And General$117,347ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$120,979,969TotalAmt
Program Services$98,109,499ProgramServicesAmt
Management And General$22,870,470ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,335,501BOYAmt
EOY$2,381,512EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,449,999BOYAmt
EOY$10,954,511EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,242,978BOYAmt
EOY$2,993,848EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$262,154BOYAmt
EOY$938,908EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$21,840,151LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,064,568LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,331,930BOYAmt
EOY$11,775,583EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$326,305BOYAmt
EOY$332,014EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,948,867BOYAmt
EOY$29,376,376EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,338,924BOYAmt
EOY$6,233,056EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$93,700BOYAmt
EOY$184,742EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,292,597EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,914,381BOYAmt
EOY$25,732,952EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,347,005BOYAmt
EOY$34,443,347EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$1,398,138BOYAmt
EOY-$5,066,971EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,398,138BOYAmt
EOY-$5,066,971EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,948,867BOYAmt
EOY$29,376,376EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$3,161,717ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$507,116OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,490,686OtherCostOrOtherBasisAmt
Depreciation$3,835,437DepreciationAmt
Book Value$8,655,249BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,114,493OtherCostOrOtherBasisAmt
Depreciation$938,717DepreciationAmt
Book Value$175,776BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,234,972OtherCostOrOtherBasisAmt
Depreciation$5,290,414DepreciationAmt
Book Value$2,944,558BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,775,583TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED RENT$22,997,739
DUE TO AFFILIATES$2,735,213
FieldValueIRS element (for citing)
Total Liability$25,732,952TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$117,818,252TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$117,818,252RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$117,818,252TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$120,979,969TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$120,979,969ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$120,979,969TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SCHOOL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2017.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22.
SCHEDULE E, PART I, LINE 4THE SCHOOL DOES NOT OFFER ANY FINANCIAL ASSISTANCE AND SCHOLARSHIPS. STUDENTS ARE NOT CHARGED TUITION.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE NYC DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL AND STATE FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANASTASIA MICHALS
SCHOOL DIRECTOR$168,830$0$0$0$56$0$5,267$0$11,311$0$185,464$0$0$0
ZELDA WASHINGTON
SCHOOL DIRECTOR$163,982$0$0$0$60$0$5,829$0$14,124$0$183,995$0$0$0
BILLIE QUIGLEY
SCHOOL DIRECTOR$144,310$0$0$0$54$0$7,140$0$8,364$0$159,868$0$0$0
CRYSTAL LANE
SCHOOL DIRECTOR$137,481$0$0$0$36$0$0$0$14,812$0$152,329$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE SCHOOL IS MANAGED BY ASCEND LEARNING, INC., A NEW YORK STATE NOT-FOR-PROFIT CORPORATION. PURSUANT TO AN AGREEMENT, THE FOLLOWING DUTIES HAVE BEEN ASSIGNED TO THE MANAGEMENT COMPANY: - DESIGNING, SELECTING, ACQUIRING, AND IMPLEMENTING THE EDUCATION PROGRAM FOR THE SCHOOL - RECRUITING, SUPERVISING, AND EVALUATING THE SCHOOL DIRECTORS ON BEHALF OF THE SCHOOL - DAY-TO-DAY BUSINESS MANAGEMENT OF THE SCHOOL, INCLUDING MANAGEMENT OF BUSINESS ADMINISTRATION, PAYROLL, AND CONTRACTS WITH PUBLIC AND PRIVATE ENTITIES. MANAGEMENT FEES FOR THE YEAR ENDED JUNE 30, 2020 AMOUNTED TO $14,549,441.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH OFFICERS, TRUSTEES, AND KEY EMPLOYEES AS PART OF THEIR REGULAR MEETINGS. OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IN ADDITION, THE BOARD OF TRUSTEES SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE, AND THE CONFLICTED PERSON MUST RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE ON SUCH MATTER.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON GUIDESTAR.ORG. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 205 ROCKAWAY PARKWAY, BROOKLYN, NY 11212, OR BY CALLING THE ORGANIZATION DIRECTLY AT (347)464-7600.
FORM 990, PART XI, LINE 9:WRITE OFF OF GRANTS AND CONTRACTS RECEIVABLE -507,116.
FORM 990, PART XII, LINE 2C:THE SCHOOL HAS A FINANCE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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