Brooklyn Ascend Charter School
- Assets
- $4.8m
- Revenue
- $19.5m
- Investments
- $0.0
- Employees
- 183
- Location
- Brooklyn, NY
- Founding
- Data as of
- 06/2016
- EIN
- 32-0232371
Organization Overview
Brooklyn Ascend Charter School is located in Brooklyn, NY. As of 06/2016, Brooklyn Ascend Charter School employed 183 individuals. Brooklyn Ascend Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO EQUIP EVERY STUDENT WITH THE KNOWLEDGE, CONFIDENCE, AND CHARACTER TO SUCCEED IN COLLEGE AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES DIRECTLY ASSOCIATED WITH THE OPERATIONS OF THE CHARTER SCHOOL AND THE RELATED CURRICULUM COSTS. FOR THE 2015-2016 SCHOOL YEAR, WE SERVED APPROXIMATELY 1,151 STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Mauterstock Board Chair | OfficerTrustee | 0.5 | $0 |
Kathleen Quirk Treasurer | OfficerTrustee | 0.5 | $0 |
Amanda Craft Secretary | OfficerTrustee | 0.5 | $0 |
Kwaku Andoh Trustee | Trustee | 0.5 | $0 |
Oral Walcott Trustee | Trustee | 0.5 | $0 |
Christine Schlendorf Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ascend Learning Inc Management | 6/29/16 | $1,955,414 |
Martinez Cleaning Company Inc Custodial Services | 6/29/16 | $346,716 |
Securitas Security Services Security Services | 6/29/16 | $112,622 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $806,291 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,175 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $813,466 |
| Total Program Service Revenue | $18,635,900 |
| Investment income | $1,411 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,451,596 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $448,061 |
| Compensation of current officers, directors, key employees. | $37,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,437,405 |
| Pension plan accruals and contributions | $49,736 |
| Other employee benefits | $725,706 |
| Payroll taxes | $737,538 |
| Fees for services: Management | $1,938,417 |
| Fees for services: Legal | $11,661 |
| Fees for services: Accounting | $18,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $535,114 |
| Advertising and promotion | $25,145 |
| Office expenses | $862,565 |
| Information technology | $292,516 |
| Royalties | $0 |
| Occupancy | $2,911,333 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $365,988 |
| Insurance | $87,310 |
| All other expenses | $40,510 |
| Total functional expenses | $18,486,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $314,143 |
| Savings and temporary cash investments | $510,114 |
| Pledges and grants receivable | $346,256 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $394,495 |
| Net Land, buildings, and equipment | $3,184,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $90,422 |
| Total assets | $4,840,066 |
| Accounts payable and accrued expenses | $1,245,025 |
| Grants payable | $0 |
| Deferred revenue | $20,326 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $24,874 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,241,920 |
| Total liabilities | $8,532,145 |
| Unrestricted restricted net Assets | -$3,692,079 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$3,692,079 |