Charter School Of Educational Excellence
- Assets
- $88.6m
- Revenue
- $23.2m
- Investments
- $0.0
- Employees
- 134
- Location
- Yonkers, NY
- Founding
- 04/2006
- Data as of
- 06/2023
- EIN
- 56-2453276
Organization Overview
Charter School Of Educational Excellence is located in Yonkers, NY. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Charter School Of Educational Excellence employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charter School Of Educational Excellence 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 06/2023, Charter School Of Educational Excellence generated $23.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $24.9m during the year ending 06/2023. While expenses have increased by 10.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES INSTRUCTIONAL AND EDUCATIONAL SERVICES TO APPROXIMATELY 856 STUDENTS GRADES K THROUGH 12TH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Lopez Superintende | Officer | 40 | $212,251 |
Jessica Jacaruso Principal | 40 | $173,376 | |
Michael Desimone Phys Ed/athl | 40 | $164,256 | |
Jennifer Spina Principal | 40 | $153,554 | |
Dwain Palmer Principal | 40 | $146,150 | |
Margaret O'donnell Ela Director | 40 | $119,248 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tur-bus Express Corp Transportation | 6/29/23 | $768,677 |
Boosted Finance Fiscal Services | 6/29/23 | $228,660 |
Edit Technology Services Technology | 6/29/23 | $196,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,468,568 |
| All other contributions, gifts, grants, and similar amounts not included above | $392,880 |
| Noncash contributions included in lines 1a–1f | $86,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,861,448 |
| Total Program Service Revenue | $19,954,189 |
| Investment income | $379,975 |
| 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 | $23,195,612 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,349,515 |
| Pension plan accruals and contributions | $814,934 |
| Other employee benefits | $1,370,698 |
| Payroll taxes | $867,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $209,923 |
| Fees for services: Accounting | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $626,480 |
| Advertising and promotion | $71,818 |
| Office expenses | $95,106 |
| Information technology | $152,667 |
| Royalties | $0 |
| Occupancy | $1,327,539 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,303,988 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,690,754 |
| Insurance | $330,935 |
| All other expenses | $1,322,453 |
| Total functional expenses | $24,859,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,004,766 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,079,813 |
| 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 | $37,279 |
| Net Land, buildings, and equipment | $42,750,113 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,759,422 |
| Total assets | $88,631,393 |
| Accounts payable and accrued expenses | $695,212 |
| Grants payable | $0 |
| Deferred revenue | $100,000 |
| Tax-exempt bond liabilities | $48,500,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $32,167,812 |
| Total liabilities | $81,463,024 |
| Net assets without donor restrictions | $7,168,369 |
| Net assets with donor restrictions | $0 |
| 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 | $88,631,393 |