Village Community School
- Assets
- $71.0m
- Revenue
- $22.5m
- Investments
- $0.0
- Employees
- 129
- Location
- New York, NY
- Founding
- 03/1970
- Data as of
- 06/2022
- EIN
- 13-2663331
Organization Overview
Village Community School is located in New York, NY. The organization was established in 1970. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Village Community School employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Community School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Village Community School generated $22.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $19.7m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP SELF-MOTIVATED STUDENTS WHO VALUE THE PROCESS OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 304 STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Mitchell Head Of School | OfficerTrustee | 50 | $447,697 |
Connie Sopic Director Of Advancement | Officer | 40 | $348,509 |
Leslie Johnson Assoc. Hos For Finance & Op. | Officer | 50 | $299,430 |
Ruben Parra Dean Of Students | 45 | $227,512 | |
Jessica Romero Asst. Hos & Upper School Dir. | 45 | $213,752 | |
Melissa Gordon School Psychologist | 40 | $164,754 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ew Howell Co Llc Construction | 6/29/22 | $13,959,953 |
Marvel Architects Architects | 6/29/22 | $356,937 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $30,248 |
| Related organizations | $0 |
| Government grants | $2,542,727 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,571,956 |
| Noncash contributions included in lines 1a–1f | $124,275 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,144,931 |
| Total Program Service Revenue | $17,785,475 |
| Investment income | $489,717 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $120,113 |
| Net Gain/Loss on Asset Sales | -$42,776 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $600 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,510,782 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,764,144 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,394,947 |
| Compensation of current officers, directors, key employees. | $553,807 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,591,762 |
| Pension plan accruals and contributions | $464,389 |
| Other employee benefits | $1,381,236 |
| Payroll taxes | $597,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110,605 |
| Fees for services: Accounting | $88,138 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,765 |
| Fees for services: Other | $306,835 |
| Advertising and promotion | $65,316 |
| Office expenses | $526,933 |
| Information technology | $533,322 |
| Royalties | $0 |
| Occupancy | $820,183 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $58,140 |
| Interest | $336,185 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,656,835 |
| Insurance | $268,837 |
| All other expenses | $0 |
| Total functional expenses | $19,738,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,410,080 |
| Savings and temporary cash investments | $296,162 |
| Pledges and grants receivable | $738,396 |
| Accounts receivable, net | $41,923 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $230,791 |
| Net Land, buildings, and equipment | $41,270,570 |
| Investments—publicly traded securities | $21,974,058 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $70,966,980 |
| Accounts payable and accrued expenses | $1,236,381 |
| Grants payable | $0 |
| Deferred revenue | $8,366,083 |
| Tax-exempt bond liabilities | $20,107,686 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,366,282 |
| Unsecured mortgages and notes payable | $234,400 |
| Other liabilities | $0 |
| Total liabilities | $33,310,832 |
| Net assets without donor restrictions | $33,634,946 |
| Net assets with donor restrictions | $4,021,202 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,966,980 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Village Community School has recieved totaling $279,660.
| Awarding Organization | Amount |
|---|---|
Sarah And Daniel Rueven Foundation New York, NY PURPOSE: GENERAL | $100,000 |
Jennifer And Jonathan Allan Soros Foundation New York, NY PURPOSE: GENERAL SUPPORT | $50,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: SCHOLARSHIPS & FINANCIAL AID | $25,000 |
Monteforte Foundation Inc Garwood, NJ PURPOSE: EDUCATION | $25,000 |
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $20,000 |
John D Picotte Family Foundation Albany, NY PURPOSE: CHARITABLE PURPOSE | $20,000 |
Endowment Analysis
| Beg. Balance | $10,413,520 |
| Earnings | -$1,467,166 |
| Net Contributions | $846,104 |
| Other Expense | $315,384 |
| Ending Balance | $9,477,074 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dexter Southfield Inc Brookline, MA | $119,216,504 | $58,438,330 |
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Calhoun School Inc New York, NY | $66,556,667 | $39,561,327 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Saint Davids School New York, NY | $170,289,488 | $33,366,978 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Hewitt School New York, NY | $78,957,035 | $33,976,072 |
Lakewood Chedar School Lakewood, NJ | $43,735,740 | $33,402,068 |
Buckley School In The City Of New York New York, NY | $138,732,019 | $33,895,115 |
Shady Hill School Cambridge, MA | $107,959,883 | $31,295,266 |
Bnos Bais Yaakov Of Far Rockaway Far Rockaway, NY | $26,507,044 | $28,668,399 |