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FUTURE LEADERS INSTITUTE CHARTER SCHOOL: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
FUTURE LEADERS INSTITUTE CHARTER SCHOOL (EIN 20-2633976)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-06
IRS object ID
201611279349300876
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-06T12:40:43-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131655065PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUTZ AND CARR CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 EAST 42ND STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202633976EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUTURE LEADERS INSTITUTE CHARTER SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFUTUBusinessNameControlTxt
Phone2126782868PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1134 WEST 122ND STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10027ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRUDOLPH AUSTINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2126782868PhoneNum
Signature2016-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRIS BELLANDOPreparerPersonNm
PTINP00541714PTIN
Phone2126972299PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRUDOLPH AUSTINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1134 WEST 122ND STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10027ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,436,213GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressFUTURELEADERSINSTITUTE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO EXPAND OPPORTUNITIES FOR STUDENTS WHO HAVE HISTORICALLY HAD LIMITED ACCESS TO RIGOROUS ACADEMIC INSTRUCTION & TO EMPOWER THEM TO MAKE INFORMED, DELIBERATE DECISIONS SO THEY MAY LEAD SOCIALLY RESPONSIBLE & PRODUCTIVE LIVES.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee92TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$357,292PYContributionsGrantsAmt
CY Contributions Grants$466,718CYContributionsGrantsAmt
PY Program Service Revenue$5,544,292PYProgramServiceRevenueAmt
CY Program Service Revenue$5,926,728CYProgramServiceRevenueAmt
PY Investment Income$25,040PYInvestmentIncomeAmt
CY Investment Income$18,904CYInvestmentIncomeAmt
PY Other Revenue$6,281PYOtherRevenueAmt
CY Other Revenue$23,863CYOtherRevenueAmt
PY Total Revenue$5,932,905PYTotalRevenueAmt
CY Total Revenue$6,436,213CYTotalRevenueAmt
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$4,999,570PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,124,279CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,500CYTotalFundraisingExpenseAmt
PY Other Expenses$758,595PYOtherExpensesAmt
CY Other Expenses$1,084,674CYOtherExpensesAmt
PY Total Expenses$5,758,165PYTotalExpensesAmt
CY Total Expenses$6,208,953CYTotalExpensesAmt
PY Revenues Less Expenses$174,740PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$227,260CYRevenuesLessExpensesAmt
Total Assets BOY$4,478,646TotalAssetsBOYAmt
Total Assets EOY$4,780,456TotalAssetsEOYAmt
Total Liabilities BOY$1,524,893TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,599,443TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,953,753NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,181,013NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFLI BELIEVES THAT STRONG TEACHING IN A CARING ENVIRONMENT, COMBINED WITH AN INTENSIVE AND EXTENSIVE SCHOOL DAY, EMPOWERS TODAY'S CHILDREN TO BE THE LEADERS OF TOMORROW. THE MISSION IS TO EXPAND OPPORTUNITIES FOR STUDENTS WHO HISTORICALLY HAVE HAD LIMITED ACCESS TO RIGOROUS ACADEMIC INSTRUCTION, AND TO EMPOWER THEM TO MAKE INFORMED, DELIBERATE DECISIONS SO THAT THEY MAY LEAD SOCIALLY RESPONSIBLE, PRODUCTIVE LIVES. FLI FULFILLS THIS MISSION BY OFFERING AN INNOVATIVE, ACADEMICALLY RIGOROUS LEARNING COMMUNITY WHERE STUDENTS OF ALL ABILITY LEVELS CAN MEET ACADEMIC SUCCESS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,431,920ExpenseAmt
Revenue$5,926,728RevenueAmt
DescCORE ACADEMICS: FLI PRIDES ITSELF ON ITS RIGOROUS ACADEMIC EXPECTATIONS AND USE OF EFFECTIVE INSTRUCTIONAL STRATEGIES. THE SCHOOL UTILIZES ASSESSMENT-DRIVEN INSTRUCTION BASED ON FORMAL AND INFORMAL EVALUATION OF INDIVIDUAL STUDENTS' NEEDS AND STRENGTHS. FLI'S CORE PROGRAM STUDENTS INCLUDES LITERACY, MATHEMATICS, SOCIAL STUDIES AND SCIENCE. SELECTIVE STUDENTS ALSO RECEIVE COUNSELING AS A PART OF THE CORE PROGRAM. ENRICHMENT: ALL STUDENTS, IN GRADE 1 THROUGH 8 PARTICIPATE IN ENRICHMENT CLASSES FROM 3:00PM TO 4:55PM MONDAY THROUGH THURSDAY. THE ENRICHMENT PROGRAM PROVIDES STUDENTS WITH EXPOSURE TO THE PERFORMING ARTS, VISUAL ARTS AND PHYSICAL EDUCATION, WHILE BUILDING ON STUDENTS' CHARACTER, SELF-DISCIPLINE, AND SELF-ESTEEM.Desc
Total Program Service Expenses$5,431,920TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document131IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee92EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
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 CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN HARRISON YORKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2126782868PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1134 WEST 122ND STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10027ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
KATHERINE BROWN
CHAIR1.00Yes (X)Yes (X)$0$0$0
NATALIE DEAK JAROS
VICE-CHAIR1.00Yes (X)Yes (X)$0$0$0
AMANDA A WILLIAMS
SECRETARY1.00Yes (X)Yes (X)$0$0$0
RUDOLPH AUSTIN
TREASURER1.00Yes (X)Yes (X)$0$0$0
ANNIE ADAMS
TRUSTEE1.00Yes (X)$0$0$0
JAY HATFIELD
TRUSTEE1.00Yes (X)$0$0$0
ANDREW HUTCHER
TRUSTEE1.00Yes (X)$0$0$0
SUZANNE THOMPSON
HONORARY TRUSTEE1.00Yes (X)$0$0$0
JOAN WICKS
TRUSTEE1.00Yes (X)$0$0$0
TOYE WIGLEY
TRUSTEE1.00Yes (X)$0$0$0
GILDA WRAY
TRUSTEE1.00Yes (X)$0$0$0
ISMAEL COLON
PRINCIPAL50.00Yes (X)$144,341$0$28,817
DANI MCPARTLIN
MIDDLE SCHOOL PRINCIPAL50.00$118,100$0$33,860Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$262,441TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$62,677TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARTER SCHOOL BUSINESS MANAGEMENT INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1237 WEST 35TH ST SUITE 301AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
ServicesFINANCIAL CONSULTINGServicesDesc
Compensation$148,351CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$229,011GovernmentGrantsAmt
All Other Contributions$237,707AllOtherContributionsAmt
Total Contributions$466,718TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescNYC STUDENT ENROLLMENTDesc
Business611600BusinessCd
Total Revenue Column$5,926,728TotalRevenueColumnAmt
Related Or Exempt Func Income$5,926,728RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,926,728TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$18,904TotalRevenueColumnAmt
Exclusion$18,904ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$23,863TotalRevenueColumnAmt
Exclusion$23,863ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$23,863OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,436,213TotalRevenueColumnAmt
Related Or Exempt Func Income$5,926,728RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$42,767ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$168,296TotalAmt
Program Services$134,637ProgramServicesAmt
Management And General$33,659ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,832,284TotalAmt
Program Services$3,498,571ProgramServicesAmt
Management And General$333,713ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$197,078TotalAmt
Program Services$181,170ProgramServicesAmt
Management And General$15,908ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$576,700TotalAmt
Program Services$524,255ProgramServicesAmt
Management And General$52,445ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$349,921TotalAmt
Program Services$317,986ProgramServicesAmt
Management And General$31,935ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$37,033TotalAmt
Management And General$37,033ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$173,616TotalAmt
Management And General$173,616ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$17,647TotalAmt
Management And General$17,647ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$248,068TotalAmt
Program Services$236,114ProgramServicesAmt
Management And General$11,954ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$27,983TotalAmt
Program Services$25,429ProgramServicesAmt
Management And General$2,554ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$72,983TotalAmt
Program Services$66,322ProgramServicesAmt
Management And General$6,661ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$47,006TotalAmt
Program Services$42,716ProgramServicesAmt
Management And General$4,290ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONTRACTED SERVICES$333,012$289,014$40,498$3,500
PROFESSIONAL DEVELOPMEN$72,891$66,239$6,652
STUDENT SERVICES$43,792$39,795$3,997$0
OTHER EXPENSES$10,643$9,672$971

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,208,953TotalAmt
Program Services$5,431,920ProgramServicesAmt
Management And General$773,533ManagementAndGeneralAmt
Fundraising$3,500FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,511,008BOYAmt
EOY$1,818,205EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,626,762BOYAmt
EOY$2,709,953EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$89,193BOYAmt
EOY$82,013EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,822BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$103,677BOYAmt
EOY$42,870EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$853,550LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$726,135LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$142,184BOYAmt
EOY$127,415EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,478,646BOYAmt
EOY$4,780,456EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$171,903BOYAmt
EOY$249,491EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$12,399EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,352,990BOYAmt
EOY$1,337,553EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,524,893BOYAmt
EOY$1,599,443EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,953,753BOYAmt
EOY$3,181,013EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,953,753BOYAmt
EOY$3,181,013EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,478,646BOYAmt
EOY$4,780,456EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$227,260ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$526,334OtherCostOrOtherBasisAmt
Depreciation$424,749DepreciationAmt
Book Value$101,585BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$327,216OtherCostOrOtherBasisAmt
Depreciation$301,386DepreciationAmt
Book Value$25,830BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$127,415TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
SALARIES, PAYROLL TAXES AND BENEFITS PAYABLE$508,788
ACCRUED PENSION LIABILITY$828,765
FieldValueIRS element (for citing)
Total Liability$1,337,553TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,550,444TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$114,231DonatedServicesAndUseFcltsAmt
Revenue Not Reported$114,231RevenueNotReportedAmt
Revenue Subtotal$6,436,213RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,436,213TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,323,184TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$114,231DonatedServicesUseFcltsAmt
Expenses Not Reported$114,231ExpensesNotReportedAmt
Expenses Subtotal$6,208,953ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,208,953TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationFUTURE LEADERS INSTITUTE CHARTER SCHOOL HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS ARE REQUIRED IN THE FINANCIAL STATEMENTS.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 3THE SCHOOL DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES AND OPERATES A RACIALLY NONDISCRIMINATORY POLICY, WHICH IS PUBLICIZED IN STUDENT ADMISSIONS LITERATURE.
SCHEDULE E, PART I, LINE 4WE ARE A PUBLIC SCHOOL AND WE DO NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES RESIDENT STUDENT ENROLLMENT REVENUE FROM THE NEW YORK CITY PUBLIC SCHOOL DISTRICT. THE SCHOOL ALSO RECEIVES THE FOLLOWING GOVERNMENT FUNDING: - TITLE I, ARRA AND TITLE II FUNDING: REIMBURSABLE GRANTS THAT OFF-SET SALARY AND BENEFITS FOR SPECIALIST POSITIONS AT THE SCHOOL. - IDEA FUNDING: FUNDS TO SUPPORT VARIOUS EXPENSES RELATED TO THE SCHOOL'S SPECIAL EDUCATION POPULATION. - FAMIS FUNDING: FUNDS PROVIDED TO PURCHASE SPECIFIC DOE APPROVED EXPENSES FOR TEXTBOOKS, LIBRARY BOOKS AND SOFTWARE.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
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 (2 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
ISMAEL COLON
PRINCIPAL$144,341$0$0$0$0$0$0$0$28,817$0$173,158$0$0$0
DANI MCPARTLIN
MIDDLE SCHOOL PRINCIPAL$118,100$0$0$0$0$0$0$0$33,860$0$151,960$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE FINANCE COMMITTEE IS EMPOWERED BY THE BOARD OF TRUSTEES TO CONDUCT CERTAIN BUSINESS ON ITS BEHALF, INCLUDING THE REVIEW AND SUBMISSION OF FORM 990.
FORM 990, PART VI, SECTION B, LINE 12CTHE SCHOOL FOLLOWS DOE POLICY WHEREBY NEW AND CONTINUING TRUSTEES COMPLETE A CONFLICT OF INTEREST DECLARATION ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15ALL ACADEMIC ADMINISTRATORS ARE MEMBERS OF THE COUNCIL OF SCHOOL SUPERVISORS AND ADMINISTRATORS (CSA) UNION AND ARE COMPENSATED ACCORDING TO THE UNION SCALE. COMPENSATION FOR NON-UNION MANAGEMENT EMPLOYEES IS LOOSELY BASED OFF OF DOE SALARY STANDARDS FOR SIMILAR POSITIONS. PRIOR EXPERIENCE AND EDUCATION ARE ALSO WEIGHTED AS PART OF THE ASSESSMENT OF SALARY. ALL SALARIES ARE BROUGHT BEFORE THE BOARD TO BE DEBATED AND APPROVED.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FUTURE LEADERS INSTITUTE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1134 WEST 122ND STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10027ZIPCd
FieldValueIRS element (for citing)
EIN134103617EIN
Primary ActivitiesEDUCATIONAL SUPPORTPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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