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UNITED CHARTER HIGH SCHOOLS: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
UNITED CHARTER HIGH SCHOOLS (EIN 46-2339783)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-24
IRS object ID
201640559349300324
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)
Return2016-02-24T12:35:22-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133842744PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MBAF CPAS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1440 PARK AVE SOUTHAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462339783EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW VISIONS CHARTER SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWVBusinessNameControlTxt
Phone2126455110PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 WEST 13TH STREET 5TH FLRAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLIOR EVANPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2126455110PhoneNum
Signature2016-02-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC TAUB CPAPreparerPersonNm
PTINP00236664PTIN
Phone2125761400PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNISSI JONATHANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 W 13TH ST 6TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,317,315GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NEWVISIONS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionNEW VISIONS CHARTER SCHOOLS ENDEAVORS TO EXTEND EQUALLY TO PROVIDE ALL STUDENTS; REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee79TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$800,250PYContributionsGrantsAmt
CY Contributions Grants$401,750CYContributionsGrantsAmt
PY Program Service Revenue$4,497,838PYProgramServiceRevenueAmt
CY Program Service Revenue$8,912,473CYProgramServiceRevenueAmt
PY Investment Income$22PYInvestmentIncomeAmt
CY Investment Income$39CYInvestmentIncomeAmt
PY Other Revenue$3,116PYOtherRevenueAmt
CY Other Revenue$3,053CYOtherRevenueAmt
PY Total Revenue$5,301,226PYTotalRevenueAmt
CY Total Revenue$9,317,315CYTotalRevenueAmt
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$3,301,871PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,267,860CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$71,300CYTotalFundraisingExpenseAmt
PY Other Expenses$1,713,580PYOtherExpensesAmt
CY Other Expenses$2,597,535CYOtherExpensesAmt
PY Total Expenses$5,015,451PYTotalExpensesAmt
CY Total Expenses$7,865,395CYTotalExpensesAmt
PY Revenues Less Expenses$285,775PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,451,920CYRevenuesLessExpensesAmt
Total Assets BOY$612,151TotalAssetsBOYAmt
Total Assets EOY$2,236,975TotalAssetsEOYAmt
Total Liabilities BOY$326,376TotalLiabilitiesBOYAmt
Total Liabilities EOY$499,280TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$285,775NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,737,695NetAssetsOrFundBalancesEOYAmt
MissionNEW VISIONS CHARTER SCHOOLS ENDEAVORS TO EXTEND EQUALLY TO PROVIDE ALL STUDENTS; REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,698,359ExpenseAmt
Revenue$8,912,473RevenueAmt
DescTHE SCHOOL OPERATES NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE III, NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES III, AND NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE IV, WHICH SERVE AS DIVISIONS WITHIN THE SCHOOL. IN FISCAL YEAR 2015, NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE III AND NEW VISIONS CHARTER HIGH SCHOOL FOR THE HUMANITIES III OPERATED CLASSES FOR STUDENTS IN NINTH AND TENTH GRADES. THE TENTH GRADE WAS ADDED BEGINNING IN FISCAL YEAR 2015. NEW VISIONS CHARTER HIGH SCHOOL FOR ADVANCED MATH AND SCIENCE IV OPENED ITS DOORS TO NINTH GRADE STUDENTS IN SEPTEMBER 2015.Desc
Total Program Service Expenses$6,698,359TotalProgramServiceExpensesAmt
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee79EmployeeCnt
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CYNTHIA RIETSCHABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2126455110PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 WEST 13TH STAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JENNELLA YOUNG
CHAIRPERSON2.00Yes (X)Yes (X)$0$0$0
ELLA MONAKOVA
VICE-CHAIR2.00Yes (X)Yes (X)$0$0$0
LIOR EVAN
TREASURER2.00Yes (X)Yes (X)$0$0$0
RONALD CHALUISAN
SECRETARY2.00Yes (X)Yes (X)$0$0$0
ELEANOR APPLEWHAITE
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID BRIGGS
BOARD MEMBER1.00Yes (X)$0$0$0
REV CARMEN WALSTON
BOARD MEMBER1.00Yes (X)$0$0$0
NISSI JONATHAN
PRINCIPAL - AMS III40.00Yes (X)$143,624$0$24,977
GERALDINE MOLLOY CAMINITI
CHIEF OPERATING OFFICER - AMS III40.00Yes (X)$125,134$0$19,950
IVAN COHEN
PRINCIPAL - HUM III40.00Yes (X)$154,723$0$15,388
ANTHONY CIMAGLIA
CHIEF OPERATING OFFICER - HUM III40.00Yes (X)$86,343$0$16,264
SHARON JOHN
PRINCIPAL - AMS IV40.00Yes (X)$0$0$0
CATHERINE CACHO-LEARY
DIR OF SCHOOL OPERATIONS - HUM III40.00Yes (X)$0$0$0
AARON WINIK
ASSISTANT PRINCIPAL - HUM III40.00$103,085$0$17,686Yes (X)
JONATHAN SILKOWITZ
ASSISTANT PRINCIPAL - AMS III40.00$123,590$0$15,991Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$736,499TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$110,256TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
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 Line1NEW VISIONS FOR PUBLIC SCHOOLSBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 WEST 13TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd
FieldValueIRS element (for citing)
ServicesMANAGEMENT SERVICESServicesDesc
Compensation$445,207CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$401,750AllOtherContributionsAmt
Noncash Contributions$750NoncashContributionsAmt
Total Contributions$401,750TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE AND LOCAL PER PU900099$8,043,232$8,043,232
FEES FROM GOVERNMENT C900099$869,241$869,241
FieldValueIRS element (for citing)
Total Program Service Revenue$8,912,473TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$39TotalRevenueColumnAmt
Exclusion$39ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$3,053TotalRevenueColumnAmt
Exclusion$3,053ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,053OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,317,315TotalRevenueColumnAmt
Related Or Exempt Func Income$8,912,473RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,092ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$569,463TotalAmt
Program Services$263,737ProgramServicesAmt
Management And General$305,726ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,717,264TotalAmt
Program Services$3,158,292ProgramServicesAmt
Management And General$558,972ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$136,636TotalAmt
Program Services$120,358ProgramServicesAmt
Management And General$16,278ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$505,397TotalAmt
Program Services$426,560ProgramServicesAmt
Management And General$78,837ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$339,100TotalAmt
Program Services$273,752ProgramServicesAmt
Management And General$65,348ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$712,998TotalAmt
Program Services$631,023ProgramServicesAmt
Management And General$10,675ManagementAndGeneralAmt
Fundraising$71,300FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$52,296TotalAmt
Program Services$51,342ProgramServicesAmt
Management And General$954ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$28,022TotalAmt
Management And General$28,022ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$387,141TotalAmt
Program Services$378,996ProgramServicesAmt
Management And General$8,145ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,403TotalAmt
Program Services$5,317ProgramServicesAmt
Management And General$86ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$143,116TotalAmt
Program Services$135,191ProgramServicesAmt
Management And General$7,925ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$513,175TotalAmt
Program Services$509,298ProgramServicesAmt
Management And General$3,877ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$78,096TotalAmt
Program Services$76,799ProgramServicesAmt
Management And General$1,297ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$48,913TotalAmt
Program Services$48,100ProgramServicesAmt
Management And General$813ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
INSTRUCTIONAL SUPPLIES$205,420$205,420
STUDENT SERVICES$162,025$162,025
EQUIPMENT AND FURNISHIN$126,131$124,820$1,311
FOOD SERVICE$61,208$60,912$296

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$73,591TotalAmt
Program Services$66,417ProgramServicesAmt
Management And General$7,174ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,865,395TotalAmt
Program Services$6,698,359ProgramServicesAmt
Management And General$1,095,736ManagementAndGeneralAmt
Fundraising$71,300FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$219,984BOYAmt
EOY$1,653,235EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$100,014EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$247,969BOYAmt
EOY$372,190EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,859BOYAmt
EOY$2,041EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$248,054LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$141,698LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$138,371BOYAmt
EOY$106,356EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,968BOYAmt
EOY$3,139EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$612,151BOYAmt
EOY$2,236,975EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$246,265BOYAmt
EOY$323,809EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$80,111BOYAmt
EOY$175,471EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$326,376BOYAmt
EOY$499,280EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$285,775BOYAmt
EOY$1,737,695EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$285,775BOYAmt
EOY$1,737,695EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$612,151BOYAmt
EOY$2,236,975EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,451,920ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 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$192,428OtherCostOrOtherBasisAmt
Depreciation$108,781DepreciationAmt
Book Value$83,647BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$55,626OtherCostOrOtherBasisAmt
Depreciation$32,917DepreciationAmt
Book Value$22,709BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$106,356TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO NYC DEPARTMENT OF EDUCATION$31,107
DUE TO RELATED ENTITIES$144,364
FieldValueIRS element (for citing)
Total Liability$175,471TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,354,721TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$37,406DonatedServicesAndUseFcltsAmt
Revenue Not Reported$37,406RevenueNotReportedAmt
Revenue Subtotal$9,317,315RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,317,315TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,902,801TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$37,406DonatedServicesUseFcltsAmt
Expenses Not Reported$37,406ExpensesNotReportedAmt
Expenses Subtotal$7,865,395ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,865,395TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE FEDERAL AND NEW YORK STATE JURISDICTIONS. THE SCHOOL IS SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATION FOR ALL FISCAL YEARS IN WHICH INFORMATIONAL RETURNS WERE FILED. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. SHOULD THERE BE INTEREST ON UNDERPAYMENTS OF INCOME TAX, THE SCHOOL WOULD CLASSIFY IT AS "INTEREST EXPENSE." THE SCHOOL WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENTS OF TAX AS "OTHER EXPENSE."ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
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'S RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON ITS WEBSITE.
SCHEDULE E, PART I, LINE 4THE SCHOOL HAS NOT AWARDED SCHOLARSHIPS OR FINANCIAL ASSISTANCE
SCHEDULE E, PART I, LINE 6NYC DEPARTMENT OF EDUCATION AWARDS PER PUPIL AND SPECIAL EDUCATION GRANTS TO NEW VISIONS CHARTER SCHOOLS FOR THE SCHOOL TO CARRY OUT ITS MISSION.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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 (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
NISSI JONATHAN
PRINCIPAL - AMS III$143,624$0$0$0$0$0$7,291$0$17,686$0$168,601$0$0$0
IVAN COHEN
PRINCIPAL - HUM III$154,723$0$0$0$0$0$7,479$0$7,909$0$170,111$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11FORM 990 IS PREPARED BY MBAF CPA'S, LLC, AN INDEPENDENT ACCOUNTING FIRM, BASED ON INFORMATION PROVIDED BY THE DIRECTOR OF FINANCE OF THE CMO ORGANIZATION CONTRACTED BY NEW VISIONS CHARTER SCHOOLS. THE COO, DIRECTOR OF FINANCE, AND CONTROLLER OF THE CMO REVIEWS THE DRAFT DOCUMENT. IN ADDITION, A COPY OF THE DRAFT IS SENT TO THE SCHOOL PRINCIPALS AND MEMBERS OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12CUPON ACCEPTANCE OF EMPLOYMENT, EMPLOYEES SIGN ACKNOWLEDGING RECEIPT OF AND COMPLIANCE WITH THE EMPLOYEE GUIDELINES WHICH STATES EXPLICITLY THAT EMPLOYEES CANNOT ENGAGE IN ACTIVITIES WHICH PRESENT A CONFLICT OF INTEREST FOR THE SCHOOL. POTENTIAL/REAL CONFLICTS ARE REVIEWED BY THE COO AND PRINCIPAL OF THE SCHOOL AND THE COO OF THE CMO ORGANIZATION AND RESOLVED. EMPLOYEES ARE NOT PERMITTED TO CONTINUE ACTIVITIES THAT POSE A REAL CONFLICT. BEFORE EACH BOARD ELECTION, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY POTENTIAL /REAL CONFLICT THAT MAY IMPACT THEIR GOVERNANCE ROLE. BOARD MEMBERS WITH A REAL CONFLICT WILL NOT BE PERMITTED TO ASSUME A BOARD ROLE. ALL CONFLICTS ARE HANDLED ON A CASE BY CASE BASIS.
FORM 990, PART VI, SECTION B, LINE 15SALARY COMPENSATION FOR THE PRINCIPALS, ASSISTANT PRINCIPALS, AND COO IS DETERMINED AND APPROVED BY THE BOARD TRUSTEES AND THE CMO. IN DETERMINING COMPENSATION, THE BOARD AND CMO WILL REFER TO PUBLISHED SALARY SURVEYS AND INDEPENDENT RESEARCH AS DEEMED NECESSARY.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST, THE SCHOOL MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS.
FORM 990, PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.

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