Blue School is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 08/2024, Blue School employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue 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 08/2024, Blue School generated $80.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (41.6%) each year. All expenses for the organization totaled $552.1k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
BLUE SCHOOL WAS A N-8 SCHOOL IN DOWNTOWN MANHATTAN. SPANNING THE FOUNDATIONAL FIRST DECADE OF LIFE, THE BLUE SCHOOL EDUCATION PROVIDED FOR A RICH AND UNIQUE RANGE OF INTEGRATED ACADEMIC, SOCIAL AND ARTISTIC EXPERIENCES. THROUGH OUR COMMITMENT TO COMMUNITY, CREATIVITY AND ACADEMIC VIGOR, BLUE SCHOOL NURTURES A FERTILE IMAGINATION, A KEEN INTELLECT, A BIG HEART AND AN INSATIABLE PASSION FOR LEARNING. THE BLUE SCHOOL CLOSED IN JUNE 2023 AND ENTERED INTO A STRATEGICAGREEMENT WITH LREI WHICH OFFERED ADMISSION TO STUDENTS FOR FALL 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Lamberts Stanton Trustee, Co-Founder | 2 | $0 | |
Belgies Anan Trustee | 2 | $0 | |
Julian Barrowcliffe Trustee | 2 | $0 | |
David Beal Trustee | 2 | $0 | |
Rebecca Lisica Trustee | 2 | $0 | |
Peter Masterson Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Littler Mendelson Pc Legal Services | 8/30/23 | $159,668 |
East Wind Securities Llc Eb5 Consultants | 8/30/23 | $152,500 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $63,508 |
Total Program Service Revenue | $6,258 |
Membership dues | $0 |
Investment income | $568 |
Gain or Loss | $7,327 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,870 |
Total Revenue | $80,531 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $172,534 |
Professional fees and other payments to independent contractors | $290,015 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $89,561 |
Total expenses | $552,110 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |