FUTURE LEADERS INSTITUTE CHARTER SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- FUTURE LEADERS INSTITUTE CHARTER SCHOOL (EIN 20-2633976)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201321349349305292
- Schema version
- 2011v1.5
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T14:54:19-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131655065 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 EAST 42ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202633976 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUTURE LEADERS INSTITUTE CHARTER SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FUTU | NameControl |
| Phone | 2126782868 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 WEST 122ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10027 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NATALIE DEAK-JAROS | Name |
| Title | TREASURER | Title |
| Phone | 2126782868 | Phone |
| Date Signed | 2013-05-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRIS BELLANDO | Name |
| PTIN | P00541714 | PTIN |
| Phone | 2126972299 | Phone |
| Date Prepared | 2013-05-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NATALIE DEAK-JAROS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 WEST 122ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10027 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5776334 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | FUTURELEADERSINSTITUTE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2005 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TO 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 114 | TotalNbrEmployees |
| Total Nbr Volunteers | 12 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 562416 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 400574 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5447348 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5367248 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 11599 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6339 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1478 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2173 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6022841 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5776334 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4485805 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4477572 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 11978 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 798170 | OtherExpensePriorYear |
| Other Expenses Current Year | 778481 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5283975 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5256053 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 738866 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 520281 | RevenuesLessExpensesCY |
| Total Assets BOY | 3173661 | TotalAssetsBOY |
| Total Assets EOY | 3523878 | TotalAssetsEOY |
| Total Liabilities BOY | 1750145 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1400534 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1423516 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2123344 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | FLI 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4657704 | Expense |
| Revenue | 5369421 | Revenue |
| Description | CORE 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 INCLUDES LITERACY, MATHEMATICS, SOCIAL STUDIES AND SCIENCE. SELECTIVE STUDENTS ALSO RECEIVE COUNSELING AS A PART OF THE CORE PROGRAM.ENRICHMENT: ALL STUDENTS, IN GRADES 1 THROUGH 8 PARTICIPATE IN ENRICHMENT CLASSES FROM 3:00 PM TO 4:55 PM 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, SELF-ESTEEM APPRECIATION FOR THE IMPORTANCE OF PERSEVERANCE AND PRACTICE.SUPPLEMENTAL PROGRAMS - COMMUNITY CIRCLE: ONCE A WEEK ALL LOWER GRADE STUDENTS AND ALL UPPER GRADE STUDENTS GATHER IN A COMMON AREA FOR APPROXIMATELY 15 IN ORDER TO BUILD SCHOOL COMMUNITY AND CULTURE. MIDDLE SCHOOL TRIPS: FLI CHARTER SCHOOL PROVIDES THE OPPORTUNITY FOR ALL 7TH AND 8TH GRADE STUDENTS TO ATTEND AT LEAST ONE OVERNIGHT, OUT OF STATE FIELD TRIP. | Description |
| Total Program Service Expense | 4657704 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 0 | ComplianceWithBackupWitholding |
| Number Of Employees | 114 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ISMAEL COLON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2126782868 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 WEST 122ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10027 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JOAN WICKS | ||||||
| CO-CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| SUZANNE THOMPSON | ||||||
| TRUSTEE | 1.00 | X | X | 0 | 0 | 0 |
| MELODY ROLLINS | ||||||
| TRUSTEE | 1.00 | X | X | 0 | 0 | 0 |
| NATALIE DEAK JAROS | ||||||
| TRUSTEE | 1.00 | X | X | 0 | 0 | 0 |
| PETER ANDERSON | ||||||
| HEAD OF SCHOOL | 50.00 | X | X | 41138 | 0 | 2274 |
| ISMAEL COLON | ||||||
| PRINCIPAL | 50.00 | X | X | 121103 | 0 | 1941 |
| ANDREW HUTCHER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| JAY HATFIELD | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KATHERINE BROWN | ||||||
| CO-CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| AMANDA A WILLIAMS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| PATRICIA CHARLEMAGNE | ||||||
| CHIEF OPERATING OFFICER (THROUGH APRIL 2011) | 50.00 | X | 74652 | 0 | 1009 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 236893 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 5224 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 280251 | GovernmentGrants |
| All Other Contributions | 120323 | AllOtherContributions |
| Total Contributions | 400574 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NYC STUDENT ENROLLMENT | Description |
| Business Code | 611600 | BusinessCode |
| Total Revenue Column | 5367248 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5367248 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5367248 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6339 | TotalRevenueColumn |
| Exclusion | $6,339 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2173 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2173 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2173 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5776334 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5369421 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $6,339 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155644 | Total |
| Program Services | 124515 | ProgramServices |
| Management And General | 31129 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3314164 | Total |
| Program Services | 3025164 | ProgramServices |
| Management And General | 289000 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167938 | Total |
| Program Services | 154948 | ProgramServices |
| Management And General | 12990 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506981 | Total |
| Program Services | 460557 | ProgramServices |
| Management And General | 46424 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 332845 | Total |
| Program Services | 302366 | ProgramServices |
| Management And General | 30479 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89349 | Total |
| Management And General | 89349 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24609 | Total |
| Management And General | 24609 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58090 | Total |
| Program Services | 36892 | ProgramServices |
| Management And General | 21198 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55845 | Total |
| Program Services | 50260 | ProgramServices |
| Management And General | 5585 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8368 | Total |
| Program Services | 7532 | ProgramServices |
| Management And General | 836 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81525 | Total |
| Program Services | 73372 | ProgramServices |
| Management And General | 8153 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37119 | Total |
| Program Services | 33407 | ProgramServices |
| Management And General | 3712 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRACTED SERVICES | 199932 | 169021 | 18933 | 11978 |
| INSTRUCTIONAL SUPPLIES | 104511 | 104511 | ||
| CONSULTANTS - EDUCATION | 79384 | 79384 | ||
| MEALS | 22341 | 20108 | 2233 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17408 | Total |
| Program Services | 15667 | ProgramServices |
| Management And General | 1741 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5256053 | Total |
| Program Services | 4657704 | ProgramServices |
| Management And General | 586371 | ManagementAndGeneral |
| Fundraising | 11978 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241483 | BOY |
| EOY | 575739 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2480830 | BOY |
| EOY | 2414262 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261658 | BOY |
| EOY | 162225 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 238481 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54195 | BOY |
| EOY | 14404 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 622793 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 504026 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135495 | BOY |
| EOY | 118767 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3173661 | BOY |
| EOY | 3523878 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143728 | BOY |
| EOY | 184283 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1606417 | BOY |
| EOY | 1216251 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1750145 | BOY |
| EOY | 1400534 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1398516 | BOY |
| EOY | 2123344 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25000 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1423516 | BOY |
| EOY | 2123344 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3173661 | BOY |
| EOY | 3523878 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 520281 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 179547 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 506647 | OtherCostOrOtherBasis |
| Depreciation | 389713 | Depreciation |
| Book Value | 116934 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 116146 | OtherCostOrOtherBasis |
| Depreciation | 114313 | Depreciation |
| Book Value | 1833 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 118767 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SALARIES, PAYROLL TAXES AND BENEFITS PAYABLE | $397,880 |
| ACCRUED PENSION LIABILITY | $818,371 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1216251 | TotalOfAmounts |
| Total Revenue | 5776334 | TotalRevenue |
| Total Expenses | 5256053 | TotalExpenses |
| Excess Or Deficit For Year | 520281 | ExcessOrDeficitForYear |
| Other | $179,547 | OtherAmount |
| Total Adjustments | 179547 | TotalAdjustments |
| Excess Or Deficit Per FS | 699828 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5776334 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 5776334 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5776334 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5256053 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5256053 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5256053 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | FUTURE 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. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | ADJUSTMENT TO ACCRUED PENSION LIABILITY 129,547. FORGIVENESS OF OCCUPANCY COST 50,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: 179,547. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 0 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 0 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE SCHOOL DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES AND OPERATES A RACIALLY NONDISCRIMINATORY POLICY, WHICH IS PUBLICIZED IN STUDENT ADMISSIONS LITERATURE. |
| EXPLANATION OF DOCUMENT RETENTION | SCHEDULE E, PART I, LINE 4 | WE ARE A PUBLIC SCHOOL AND WE DO NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE 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 SCHOOLS SPECIAL EDUCATION POPULATION - FAMIS FUNDING: FUNDS PROVIDED TO PURCHASE SPECIFIC DOE APPROVED EXPENSES FOR TEXTBOOKS, LIBRARY BOOKS AND SOFTWARE. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE 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 12C | THE SCHOOL FOLLOWS DOE POLICY WHEREBY NEW AND CONTINUING TRUSTEES COMPLETE A CONFLICT OF INTEREST DECLARATION ANNUALLY | |
| FORM 990, PART VI, SECTION B, LINE 15 | ALL 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 19 | UPON REQUEST | |
| FORM 990, PART XI, LINE 5: | ADJUSTMENT TO ACCRUED PENSION LIABILITY 129,547. FORGIVENESS OF OCCUPANCY COST 50,000. TOTAL TO FORM 990, PART XI, LINE 5: 179,547. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUTURE LEADERS INSTITUTE INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 WEST 122ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10027 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134103617 | EIN |
| Primary Activities | EDUCATIONAL SUPPORT | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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