FURP.ORG / PUBLIC DATA EXPLORER

THERAPY AND LEARNING CENTER INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THERAPY AND LEARNING CENTER INC (EIN 11-3015277)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-12-04
IRS object ID
202503389349300515
Schema version
2024v5.2
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)
Return2025-12-04T09:19:19-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113066459PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CERINI & ASSOCIATES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13340 VETERANS MEMORIAL HWYAddressLine1Txt
CityBOHEMIACityNm
State AbbreviationNYStateAbbreviationCd
ZIP11716ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113015277EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THERAPY AND LEARNING CENTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHERBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11723 EIGHTH AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11215ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKAREN ARKINPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Signature2025-12-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEN CERINIPreparerPersonNm
PTINP00223556PTIN
Phone6315821600PhoneNum
Preparation2025-12-04PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKAREN ARKINPrincipalOfficerNm
Gross Receipts$7,911,801GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Activity Or MissionPRE-SCHOOL FOR CHILDREN WITH DEVELOPMENTAL DELAYS, AGES 2.9 TO 5. THE SCHOOL ENHANCES THE DEVELOPMENT OF SPEECH, LANGUAGE, SOCIALIZATION, EMOTIONAL DEVELOPMENT, AND FINE AND GROSS MOTOR SKILLS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee108TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$979,416PYContributionsGrantsAmt
CY Contributions Grants$1,030,799CYContributionsGrantsAmt
PY Program Service Revenue$6,147,503PYProgramServiceRevenueAmt
CY Program Service Revenue$6,866,007CYProgramServiceRevenueAmt
PY Investment Income$2,694PYInvestmentIncomeAmt
CY Investment Income$14,995CYInvestmentIncomeAmt
PY Other Revenue$12,374PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$7,141,987PYTotalRevenueAmt
CY Total Revenue$7,911,801CYTotalRevenueAmt
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$6,057,280PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,701,778CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$970,093PYOtherExpensesAmt
CY Other Expenses$1,033,088CYOtherExpensesAmt
PY Total Expenses$7,027,373PYTotalExpensesAmt
CY Total Expenses$7,734,866CYTotalExpensesAmt
PY Revenues Less Expenses$114,614PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$176,935CYRevenuesLessExpensesAmt
Total Assets BOY$4,321,131TotalAssetsBOYAmt
Total Assets EOY$4,789,977TotalAssetsEOYAmt
Total Liabilities BOY$3,858,720TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,150,631TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$462,411NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$639,346NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPRE-SCHOOL FOR CHILDREN WITH DEVELOPMENTAL DELAYS, AGES 2.9 TO 5. THE SCHOOL PROVIDES COMPREHENSIVE EDUCATIONAL AND THERAPEUTIC SERVICES ACCORDING TO A SCHOOL DISTRICT APPROVED IEP. SERVICES WILL ENHANCE THE DEVELOPMENT OF SPEECH AND LANGUAGE, FINE AND GROSS MOTOR SKILLS, AS WELL AS ENHANCING A CHILD'S SOCIAL AND EMOTIONAL DEVELOPMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,975,829ExpenseAmt
Revenue$6,866,007RevenueAmt
DescPRE-SCHOOL FOR CHILDREN WITH DEVELOPMENTAL DELAYS, AGES 2.9 TO 5. THE SCHOOL PROVIDES COMPREHENSIVE EDUCATIONAL AND THERAPEUTIC SERVICES ACCORDING TO A SCHOOL DISTRICT-APPROVED IEP. SERVICES WILL ENHANCE THE DEVELOPMENT OF SPEECH AND LANGUAGE, FINE AND GROSS MOTOR SKILLS, AS WELL AS ENHANCING A CHILD'S SOCIAL AND EMOTIONAL DEVELOPMENT. DURING THE YEAR ENDED JUNE 30, 2025 TLC PROVIDED EDUCATION AND EVALUATION SERVICES TO APPROXIMATELY 202 CHILDREN.Desc
Total Program Service Expenses$6,975,829TotalProgramServiceExpensesAmt
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 BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
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 Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee108EmployeeCnt
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 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
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THERAPY AND LEARNING CENTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7182902750PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11723 EIGHTH AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11215ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JIM MARA
BOARD PRESIDENT4.000.00Yes (X)Yes (X)$0$0$0
DAVID DIAMOND
BOARD VICE PRESIDENT3.000.00Yes (X)Yes (X)$0$0$0
TIMOTHY BEHR
BOARD TREASURER2.000.00Yes (X)Yes (X)$0$0$0
CLAUDIA ST CHARLES
BOARD SECRETARY2.000.00Yes (X)Yes (X)$0$0$0
PATRICIA ZACCONE
BOARD MEMBER1.000.00Yes (X)$0$0$0
PATRICIA HOLLAND
BOARD MEMBER1.000.00Yes (X)$0$0$0
REBECCA BAUER
BOARD MEMBER1.000.00Yes (X)$0$0$0
DEBBIE ALMONTASER
BOARD MEMBER1.000.00Yes (X)$0$0$0
LINDA DOUGHTERY
BOARD MEMBER1.000.00Yes (X)$0$0$0
MARILYN SPRECHTER
BOARD MEMBER1.000.00Yes (X)$0$0$0
EILEEM MURTHA
BOARD MEMBER1.000.00Yes (X)$0$0$0
KAREN ARKIN
EXECUTIVE DIRECTOR40.000.00Yes (X)$123,750$0$33,924
FieldValueIRS element (for citing)
Total Reportable Comp From Org$123,750TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$33,924TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PERFECT GENERAL CONTRACTING INC
1129 59TH STREET SUITE 2FBROOKLYNNY11219CONSTRUCTION$960,500
REGINA CATERERS
86 BEADEL STBROOKLYNNY11222CATERING$125,245
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$1,019,387GovernmentGrantsAmt
All Other Contributions$11,412AllOtherContributionsAmt
Total Contributions$1,030,799TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION INCOMEDesc
Total Revenue Column$6,866,007TotalRevenueColumnAmt
Related Or Exempt Func Income$6,866,007RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$6,866,007TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,417TotalRevenueColumnAmt
Related Or Exempt Func Income$2,417RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,578TotalRevenueColumnAmt
Related Or Exempt Func Income$12,578RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,911,801TotalRevenueColumnAmt
Related Or Exempt Func Income$6,881,002RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$158,100TotalAmt
Management And General$158,100ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,543,678TotalAmt
Program Services$6,219,228ProgramServicesAmt
Management And General$324,450ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$666TotalAmt
Management And General$666ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$73,595TotalAmt
Management And General$73,595ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,400TotalAmt
Program Services$300ProgramServicesAmt
Management And General$20,100ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,263TotalAmt
Program Services$2,086ProgramServicesAmt
Management And General$177ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,836TotalAmt
Management And General$10,836ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$171,479TotalAmt
Program Services$143,846ProgramServicesAmt
Management And General$27,633ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$171,600TotalAmt
Program Services$125,133ProgramServicesAmt
Management And General$46,467ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$118,708TotalAmt
Program Services$99,579ProgramServicesAmt
Management And General$19,129ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD EXPENSE$117,095$117,095
REPAIRS AND MAINTENANCE$93,133$80,039$13,094
SUPPLIES$77,240$77,240
UTILITIES$66,028$57,484$8,544

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$110,045TotalAmt
Program Services$53,799ProgramServicesAmt
Management And General$56,246ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,734,866TotalAmt
Program Services$6,975,829ProgramServicesAmt
Management And General$759,037ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$184,280BOYAmt
EOY$417,546EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$603,779BOYAmt
EOY$536,966EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$653,552BOYAmt
EOY$142,575EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$570,347BOYAmt
EOY$603,718EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$49,810BOYAmt
EOY$33,106EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,640,849LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,589,722LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,247,396BOYAmt
EOY$3,051,127EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,967BOYAmt
EOY$4,939EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,321,131BOYAmt
EOY$4,789,977EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$628,148BOYAmt
EOY$802,622EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$295,525BOYAmt
EOY$417,725EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,362,154BOYAmt
EOY$2,533,644EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$284,473BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$288,420BOYAmt
EOY$396,640EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,858,720BOYAmt
EOY$4,150,631EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$462,411BOYAmt
EOY$639,346EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$462,411BOYAmt
EOY$639,346EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,321,131BOYAmt
EOY$4,789,977EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$176,935ReconcilationRevenueExpnssAmt
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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$174,445OtherCostOrOtherBasisAmt
Book Value$174,445BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,990,007OtherCostOrOtherBasisAmt
Depreciation$2,206,475DepreciationAmt
Book Value$2,783,532BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$476,397OtherCostOrOtherBasisAmt
Depreciation$383,247DepreciationAmt
Book Value$93,150BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,051,127TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO FUNDING SOURCES$391,701
OPERATING LEASE LIABILTY$4,939
FieldValueIRS element (for citing)
Total Liability$396,640TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$7,911,801TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,911,801RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,911,801TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,734,866TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,734,866ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,734,866TotalExpensesPerForm990Amt

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 RecsYes (1)MaintainScholarshipsRecsInd
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 Proc75500ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL PUBLISHES ITS NONDIMSCRIMINATORY POLICY ON THEIR WEBSITE AND OTHER SCHOOL ADMISSION MATERIAL.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES NYS AND NYC GRANTS IN FURTHERANCE OF ITS MISSION.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
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

FieldValueIRS element (for citing)
PersonKAREN ARKINPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$123,750BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$13,966DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$19,958NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$157,674TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1BUILD NYC RESOURCE ORGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN454040561BondIssuerEIN
Bond Issued2018-11-14BondIssuedDt
Issue Price$2,938,000IssuePriceAmt
PurposeREFUNDING PRIOR TAX EXEMPT BONDPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$2,938,000TotalProceedsAmt
In Reserve Fund$206,595InReserveFundAmt
Issuance Costs From Proceeds$58,760IssuanceCostsFromProceedsAmt
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable BondsYes (1)RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S EXECUTIVE DIRECTOR REVIEWS FORM 990 WITH THE ACCOUNTANT. BOARD MEMBERS ARE PROVIDED A COPY PRIOR TO FILING AND ALL PERTINENT FINANCIAL AND COMPLIANCE ITEMS ARE DISCUSSED AND REVIEWED.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS DISCUSSED AT A BOARD MEETING DURING THE YEAR. IF ANY ISSUES ARE BROUGHT FORWARD, AN ACTION PLAN IS UNDERTAKEN TO RESOLVE THEM. ANY CONFLICTED BOARD MEMBER RECUSE THEMSELVES FROM VOTES PERTAINING TO A CONFLICT THEY HAVE.
FORM 990, PART VI, SECTION B, LINE 15FORM 990, PART VI, LINE 15A: COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE MEDIAN SALARY OF THE GEOGRAPHIC AREA FOR SCHOOLS OF COMPARABLE SIZE. THE EXECUTIVE DIRECTOR'S RESPONSIBILITIES ARE REVIEWED ON A CURRENT AND REGULAR BASIS AND APPROVED BY THE BOARD. FORM 990, PART VI, LINE 15B: THE EXECUTIVE DIRECTOR REVIEWS ALL COMPENSATION OF EMPLOYEES IN RELATION TO THE RANGE OF SALARIES PAID IN SCHOOLS IN NYS. THE EXECUTIVE DIRECTOR ALSO REVIEWS THE INDIVIDUAL'S CREDENTIALS AND THE TIME OF SERVICE. COMPENSATION OF KEY EMPLOYEES IS ALSO REVIEWED WITH THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. INSPECTION IS AVAILABLE AT THE ORGANIZATION'S OFFICE. IN ADDITION, THE 990 IS POSTED ON GUIDSTAR.ORG.