Village Community School
- Assets
- $68.0m
- Revenue
- $20.0m
- Investments
- $0.0
- Employees
- 143
- Location
- New York, NY
- Founding
- 03/1970
- Data as of
- 06/2023
- EIN
- 13-2663331
Organization Overview
Village Community School is located in New York, NY. The organization was established in 1970. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Village Community School employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Community 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, Village Community School generated $20.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $20.6m during the year ending 06/2023. While expenses have increased by 3.8% per year over the past 7 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 DEVELOP SELF-MOTIVATED STUDENTS WHO VALUE THE PROCESS OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL PROVIDED EDUCATION TO 304 STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE.
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 |
|---|---|---|---|
Jen Mitchell Head Of School | OfficerTrustee | 50 | $442,544 |
Rosalie Rivera-Chacon Board Member / Staff | Trustee | 37.5 | $81,146 |
Helen Huang Board Member / Staff | Trustee | 40 | $118,820 |
Christopher Kiplok Board Chair | OfficerTrustee | 4 | $0 |
Thomas Novembre Thru 21523 Board Vice Chair | OfficerTrustee | 1.5 | $0 |
Meryl Levin Board Vice Chair | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ew Howell Co Llc Construction | 6/29/23 | $606,147 |
Katten Muchin Rosenman Llp Legal Consultant | 6/29/23 | $116,904 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,709 |
| Related organizations | $0 |
| Government grants | $220,746 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,351,920 |
| Noncash contributions included in lines 1a–1f | $19,134 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,583,375 |
| Total Program Service Revenue | $17,956,406 |
| Investment income | $477,039 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $280,915 |
| Net Gain/Loss on Asset Sales | -$529,117 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,518 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,950,461 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,599,411 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,197,416 |
| Compensation of current officers, directors, key employees. | $591,960 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,795,409 |
| Pension plan accruals and contributions | $511,895 |
| Other employee benefits | $1,374,092 |
| Payroll taxes | $614,601 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,044 |
| Fees for services: Accounting | $91,227 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,683 |
| Fees for services: Other | $397,602 |
| Advertising and promotion | $113,837 |
| Office expenses | $544,644 |
| Information technology | $504,269 |
| Royalties | $0 |
| Occupancy | $883,050 |
| Travel | $29,872 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,779 |
| Interest | $583,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,106,027 |
| Insurance | $307,109 |
| All other expenses | $0 |
| Total functional expenses | $20,607,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,158,261 |
| Savings and temporary cash investments | $303,162 |
| Pledges and grants receivable | $460,892 |
| Accounts receivable, net | $83,878 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,501 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $400,709 |
| Net Land, buildings, and equipment | $39,901,755 |
| Investments—publicly traded securities | $19,646,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $67,962,402 |
| Accounts payable and accrued expenses | $1,285,585 |
| Grants payable | $0 |
| Deferred revenue | $8,762,656 |
| Tax-exempt bond liabilities | $19,586,316 |
| 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 | $226,400 |
| Other liabilities | $0 |
| Total liabilities | $29,860,957 |
| Net assets without donor restrictions | $34,363,168 |
| Net assets with donor restrictions | $3,738,277 |
| 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 | $67,962,402 |