Berkeley-Carroll Street School
- Assets
- $96.6m
- Revenue
- $61.4m
- Investments
- $0.0
- Employees
- 512
- Location
- Brooklyn, NY
- Founding
- 06/1983
- Data as of
- 06/2023
- EIN
- 11-2611384
Organization Overview
Berkeley-Carroll Street School is located in Brooklyn, NY. The organization was established in 1983. 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 06/2023, Berkeley-Carroll Street School employed 512 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkeley-Carroll Street 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 06/2023, Berkeley-Carroll Street School generated $61.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $57.7m during the year ending 06/2023. While expenses have increased by 4.8% 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
TO PROVIDE PRIMARY AND SECONDARY EDUCATION THROUGH A DEMANDING CURRICULUM AND VIBRANT CIVIC LIFE TO STUDENTS FROM PRESCHOOL THROUGH GRADE 12, WHERE DEVOTED TEACHERS CHALLENGE AND ENGAGE TALENTED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BERKELEY CARROLL SCHOOL PROVIDES PRIMARY AND SECONDARY EDUCATION TO ITS STUDENTS FROM PRESCHOOL THROUGH TWELFTH GRADE. THE SCHOOL HAD 993 STUDENTS IN THE FY 2022/2023.
THE SCHOOL OPERATES AN ATHLETIC CENTER THAT OFFERS AFTERSCHOOL AND WEEKEND GYM AND SWIMMING CLASSES TO ITS STUDENTS AND THE COMMUNITY.
THE SCHOOL OFFERS A SUMMER PROGRAM THAT RUNS FROM JULY THROUGH AUGUST OF EACH YEAR. THE PROGRAM HAD 740 CHILDREN ENROLLED FOR FY 2022-23.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Ruble IV Chair | OfficerTrustee | 20 | $0 |
Julie Kay Co-Vice Chair | OfficerTrustee | 10 | $0 |
James Shipp Co-Vice Chair | OfficerTrustee | 10 | $0 |
James Morgano Secretary | OfficerTrustee | 10 | $0 |
Prashant Mupparapu Treasurer | OfficerTrustee | 10 | $0 |
Denise Gamble Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arj Transportation Bus Service | 6/29/23 | $2,198,130 |
Sage Dining Services Food Services | 6/29/23 | $1,179,339 |
1100 Architect Pc Construction Contractor | 6/29/23 | $882,571 |
Lasi Security Company Inc Security Services | 6/29/23 | $478,142 |
Unified Air Industries Corp Construction Contractor | 6/29/23 | $325,616 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $553,552 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,209,522 |
| Noncash contributions included in lines 1a–1f | $97,102 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,763,074 |
| Total Program Service Revenue | $56,128,783 |
| Investment income | $804,090 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $138,344 |
| Net Gain/Loss on Asset Sales | $2,505,572 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,417,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,445,214 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,605,368 |
| Compensation of current officers, directors, key employees. | $465,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,450,414 |
| Pension plan accruals and contributions | $1,291,089 |
| Other employee benefits | $3,109,012 |
| Payroll taxes | $1,853,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145,006 |
| Fees for services: Accounting | $83,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $482,112 |
| Advertising and promotion | $8,825 |
| Office expenses | $530,328 |
| Information technology | $991,043 |
| Royalties | $0 |
| Occupancy | $983,533 |
| Travel | $2,340,402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $665,634 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,976,604 |
| Insurance | $536,874 |
| All other expenses | $211,670 |
| Total functional expenses | $57,695,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,863,633 |
| Savings and temporary cash investments | $190,331 |
| Pledges and grants receivable | $35,000 |
| Accounts receivable, net | $394,144 |
| 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 | $716,093 |
| Net Land, buildings, and equipment | $51,978,148 |
| Investments—publicly traded securities | $24,985,206 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $426,896 |
| Total assets | $96,589,451 |
| Accounts payable and accrued expenses | $3,899,754 |
| Grants payable | $0 |
| Deferred revenue | $9,829,337 |
| Tax-exempt bond liabilities | $26,912,360 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,880,356 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $337,899 |
| Total liabilities | $42,859,706 |
| Net assets without donor restrictions | $45,785,758 |
| Net assets with donor restrictions | $7,943,987 |
| 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 | $96,589,451 |