Packer Collegiate Institute

Organization Overview

Packer Collegiate Institute is located in Brooklyn, NY. The organization was established in 1938. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Packer Collegiate Institute employed 378 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Packer Collegiate Institute 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 06/2021, Packer Collegiate Institute generated $70.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $55.9m during the year ending 06/2021. While expenses have increased by 3.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NOW IN ITS 173RD YEAR IN HISTORIC BROOKLYN HEIGHTS, PACKER IS EXCEPTIONALLY PROUD OF THE OUTSTANDING EDUCATION WE OFFER TO CHILDREN FROM THREE YEARS OF AGE THROUGH SENIOR HIGH SCHOOL IN A BEAUTIFUL PHYSICAL PLANT WITH UP-TO-DATE FACILITIES. IN ADDITION, PACKER HAS BECOME THE SCHOOL OF CHOICE FOR SO MANY FAMILIES IN BROOKLYN AND MANHATTAN PRIMARILY BECAUSE OF ITS EXTRAORDINARY FACULTY OF TALENTED MEN AND WOMEN WHO BRING A WEALTH OF EXPERTISE INTO THE CLASSROOM, ALONG WITH A REAL LOVE OF YOUNG PEOPLE. IT IS A TRULY CARING COMMUNITY WHERE ADULTS MODEL FOR STUDENTS THE ATTRIBUTES WE PRIZE - KINDNESS, HONOR, INTELLIGENCE, INCLUSIVENESS, AND DIVERSITY.

Describe the Organization's Program Activity:

INSTRUCTIONAL & EDUCATION - FROM PRESCHOOL TO HIGH SCHOOL, PACKER PROVIDED EDUCATION TO 1,000 STUDENTS IN FY 20-21. PACKER IS PROUD OF THE OUTSTANDING EDUCATION WE OFFER TO OUR STUDENTS. OUR LOWER SCHOOL STRESSES THE FUNDAMENTALS OF LITERACY AND MATHEMATICS IN A JOYFUL, STUDENT-FOCUSED ENVIRONMENT, WITH AMPLE TIME BUILT IN FOR SOCIAL STUDIES, SCIENCE, ART, MUSIC, LIBRARY STUDIES, DANCE, AND PHYSICAL EDUCATION. OUR LOWER SCHOOL CLASSROOMS EACH HAVE IN-CLASS LIBRARIES, CURRENT CURRICULAR MATERIALS, MODERN TECHNOLOGY, WONDERFULLY TRAINED AND EXPERIENCED HEAD AND ASSOCIATE TEACHERS. STARTING IN THE MIDDLE SCHOOL, PACKER STUDENTS PARTICIPATE IN A SCHOOL-WIDE LAPTOP PROGRAM, WITH EACH YOUNGSTER UTILIZING HIS OR HER OWN COMPUTER, WORKING IN CLASSROOMS EQUIPPED WITH SMART BOARDS AND OTHER MULTI-MEDIA, SO THAT TECHNOLOGY IS TRULY INTEGRATED AS A DAILY PART OF EVERYONE'S EDUCATION. MOST PACKER STUDENTS BEGIN TO LEARN A FOREIGN LANGUAGE IN GRADE 6 AND CONTINUE THEIR STUDIES THROUGH UPPER SCHOOL. IN THE UPPER SCHOOL, STUDENTS ENCOUNTER A RIGOROUS AND EXCITING PROGRAM OF REQUIRED AND ELECTIVE OFFERINGS THAT ENABLE THEM TO PURSUE PARTICULAR STRENGTH AND TALENTS. MODERN SCIENCE LABORATORIES, GYMNASIUM, A THEATER, AND ART, DANCE AND MUSIC STUDIOS SERVE AS IDEAL VENUES FOR BEGINNING AND ADVANCED STUDY IN THESE AREAS. OPPORTUNITIES ALSO ABOUND FOR YOUNG MEN AND WOMEN TO PARTICIPATE IN COMPETITIVE INTERSCHOLASTIC ATHLETICS AT BOTH THE VARSITY AND JUNIOR VARSITY LEVELS.


FINANCIAL AID: PACKER IS DEEPLY COMMITTED TO MAKING A PACKER EDUCATION A VIABLE OPTION FOR ALL ELIGIBLE STUDENTS. PACKER OFFERS FINANCIAL AID TO ENROLL HIGHLY QUALIFIED STUDENTS WHO COULD NOT OTHERWISE AFFORD TO ATTEND. DURING FISCAL YEAR 20-21, PACKER PROVIDED FINANCIAL AID TO ABOUT 25% OF ITS STUDENT BODY.


AUXILIARY PROGRAMS: PACKER PLUS PROVIDES A RICH ARRAY OF AFTER SCHOOL OFFERINGS, FROM PLAYGROUP, SPORTS, FOREIGN LANGUAGE, IMPROVISATION, AND CHESS, FOR LOWER AND MIDDLE SCHOOL STUDENTS. IN THE SUMMER PERIOD, PACKER ALSO PROVIDES CAMP FOR 4-12 YEAR-OLDS AND COUNSELOR IN TRAINING FOR 13 AND 14 YEAR-OLDS. THE CAMP AND COUNSELOR IN TRAINING PROGRAMS ARE OPEN TO NON-PACKER STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Platt Byard Dovell White Architects Llp
Architecture
$724,677
Kellermeyer Bergensons Services Llc
Cleaning
$370,815
React Technical Inc
Contractor
$414,148
Eurostruct Inc
Construction
$253,053
Integrated Security Services Inc
Security
$293,533
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$130,332
Related organizations$0
Government grants $1,132,871
All other contributions, gifts, grants, and similar amounts not included above$10,728,333
Noncash contributions included in lines 1a–1f $274,622
Total Revenue from Contributions, Gifts, Grants & Similar$11,991,536
Total Program Service Revenue$54,862,176
Investment income $312,377
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,138,717
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $5,376
Miscellaneous Revenue$0
Total Revenue $70,028,029

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Packer Collegiate Institute has recieved totaling $1,000.

Awarding OrganizationAmount
De La Cour Family Foundation

Glen Cove, NY

PURPOSE: TO HELP FUND THE RECIPIENTS OPERATING BUDGET

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$40,029,396
Earnings$12,246,959
Net Contributions$8,180,845
Other Expense$317,273
Ending Balance$60,139,927

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