Our World Neighborhood Charter School
- Assets
- $8.0m
- Revenue
- $19.4m
- Investments
- $0.0
- Employees
- 149
- Location
- Astoria, NY
- Founding
- 10/2001
- Data as of
- 06/2021
- EIN
- 11-3602805
Organization Overview
Our World Neighborhood Charter School is located in Astoria, NY. The organization was established in 2001. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Our World Neighborhood Charter School employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our World Neighborhood 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.
For the year ending 06/2021, Our World Neighborhood Charter School generated $19.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $19.4m during the year ending 06/2021. While expenses have increased by 9.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS (OWNCS) WAS ORGANIZED TO INCREASE LEARNING OPPORTUNITIES FOR STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS AND TO ENABLE PARENTS TO BE MORE INVOLVED IN THEIR CHILDREN'S EDUCATION. IN FISCAL YEAR 2021, OUR WORLD NEIGHBORHOOD CHARTER SCHOOL OPERATED CLASSES FOR APPROXIMATELY 821 STUDENTS IN GRADES K-8.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS' (OWNCS) SERVES A SUCCESSFUL KINDERGARTEN THROUGH GRADE 8 EDUCATIONAL PROGRAM. THE SCHOOL PROVIDES ACADEMIC EDUCATIONAL SERVICE FOR 190 DAYS DURING THE SCHOOL YEAR. AS SUCH, THEIR STUDENTS ARE TESTED ON A REGULAR BASIS AS REQUIRED BY THE NEW YORK CITY BOARD OF EDUCATION. IN FISCAL YEAR 2021, WE OPERATED CLASSES FOR 731 STUDENTS.
THE SPECIAL EDUCATION PROGRAM OFFERS SPECIAL SERVICES TO QUALIFYING STUDENTS. SERVICES INCLUDE SPEECH, SPECIAL EDUCATION, AND RESOURCE ROOM. IN FISCAL YEAR 2021, WE OPERATED CLASSES FOR 90 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Ferguson CEO | Officer | 40 | $227,688 |
Lisa Edmiston Principal | 40 | $158,074 | |
Karrine Montaque-Grant CFO | Officer | 40 | $147,954 |
Douglas Ricketts Principal | 40 | $147,130 | |
Rodney Wilkins Principal | 40 | $111,964 | |
Eileen Lepetit Ms Teacher | 40 | $109,713 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jsb Realty No2 Llc Rent - Own 2 | 6/29/21 | $1,464,376 |
Trinity Lutheran Church Rent - Ms | 6/29/21 | $637,843 |
Nyc Economic Development Corporation Rent - Es | 6/29/21 | $530,362 |
Baba Llc Rent Deposit - Own 3 | 6/29/21 | $399,847 |
Signature Cleaning Services Inc Building Cleaning And Maintenance | 6/29/21 | $248,039 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,036,606 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,738 |
| Noncash contributions included in lines 1a–1f | $74,672 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,062,344 |
| Total Program Service Revenue | $17,330,785 |
| Investment income | $1,852 |
| 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 | $19,394,981 |
| 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. | $437,462 |
| Compensation of current officers, directors, key employees. | $437,462 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,967,484 |
| Pension plan accruals and contributions | $479,953 |
| Other employee benefits | $1,169,628 |
| Payroll taxes | $657,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $115,366 |
| Fees for services: Accounting | $48,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $669,554 |
| Advertising and promotion | $87,404 |
| Office expenses | $142,864 |
| Information technology | $118,339 |
| Royalties | $0 |
| Occupancy | $3,786,926 |
| 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 | $579,163 |
| Insurance | $126,674 |
| All other expenses | $70,864 |
| Total functional expenses | $19,400,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443 |
| Savings and temporary cash investments | $4,992,041 |
| Pledges and grants receivable | $574,055 |
| 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 | $365,114 |
| Net Land, buildings, and equipment | $1,474,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $629,663 |
| Total assets | $8,035,800 |
| Accounts payable and accrued expenses | $1,849,745 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $2,018,605 |
| Other liabilities | $2,698,244 |
| Total liabilities | $6,566,594 |
| Net assets without donor restrictions | $1,469,206 |
| 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 | $8,035,800 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Our World Neighborhood Charter School has recieved totaling $621.
| Awarding Organization | Amount |
|---|---|
New York Life Foundation New York, NY PURPOSE: EDUC. GENERAL | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mastery Charter High School Philadelphia, PA | $43,740,057 | $52,618,647 |
Public Prep Charter School Academies Bronx, NY | $28,993,375 | $52,903,915 |
Achievement First Inc New Haven, CT | $52,811,061 | $64,422,955 |
Explore Excel Charter School Brooklyn, NY | $21,686,253 | $46,865,700 |
Brooklyn Prospect Charter School Brooklyn, NY | $14,747,543 | $42,286,541 |
Little Red School House Inc New York, NY | $50,588,811 | $36,915,940 |
Philadelphia Performing Arts A String Theory Charter School Philadelphia, PA | $27,708,411 | $43,176,770 |
True North Rochester Preparatorycharter School Rochester, NY | $31,478,453 | $41,687,630 |
Classical Charter Schools Bronx, NY | $15,984,342 | $34,614,781 |
Bronx Charter School For Excellence Bronx, NY | $63,378,035 | $40,736,120 |
Avon Grove Charter School West Grove, PA | $50,579,082 | $34,467,872 |
Science Academies Of New York Charter Schools Syracuse, NY | $37,462,091 | $36,615,185 |