French American School Of New York Inc
- Assets
- $36.7m
- Revenue
- $37.4m
- Investments
- $0.0
- Employees
- 236
- Location
- Mamaroneck, NY
- Founding
- 07/1981
- Data as of
- 06/2022
- EIN
- 13-3052502
Organization Overview
French American School Of New York Inc is located in Mamaroneck, NY. The organization was established in 1981. As of 06/2022, French American School Of New York Inc employed 236 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French American School Of New York Inc 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 06/2022, French American School Of New York Inc generated $37.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $25.8m during the year ending 06/2022. While expenses have increased by 0.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FASNY DEVELOPS GLOBALLY LITERATE, MULTI-CULTURAL LIFELONG LEARNERS THROUGH A UNIQUE PROGRAM THAT INTEGRATES FRENCH, AMERICAN, AND INTERNATIONAL CURRICULA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FRENCH AMERICAN SCHOOL OF NEW YORK, INC. PROVIDES A CONTINUOUS, BILINGUAL, EDUCATION PROGRAM FOR BOYS AND GIRLS FROM NURSERY THROUGH TWELFTH GRADE. THE SCHOOL PROVIDED EDUCATION TO 732 STUDENTS IN FISCAL YEAR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Gianni Head Of School | Officer | 40 | $388,977 |
Pascale Tooth Dir Of Finance & Operations | Officer | 40 | $258,528 |
Charles Grenon Head Of Elementary & Preschool | 40 | $159,062 | |
Isabelle DE Trabuc Smith Director Of Preschool | 40 | $141,369 | |
Lisa Fusco Director Of Technology | 40 | $149,355 | |
Daryl Woolsey Director Of Development | 40 | $154,280 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jcm Analytics Llc Architects | 6/29/22 | $547,212 |
Direct Clean Service Solutions Cleaning Services | 6/29/22 | $368,342 |
Blackbaud Acctg/dev Software | 6/29/22 | $107,051 |
Venable Llp Legal | 6/29/22 | $105,652 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $499,340 |
| Related organizations | $0 |
| Government grants | $2,714,595 |
| All other contributions, gifts, grants, and similar amounts not included above | $854,101 |
| Noncash contributions included in lines 1a–1f | $388,370 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,068,036 |
| Total Program Service Revenue | $25,890,897 |
| Investment income | $1,812 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,294,234 |
| Net Income from Fundraising Events | -$72,157 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,449,924 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,574,414 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $858,001 |
| Compensation of current officers, directors, key employees. | $858,001 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,174,325 |
| Pension plan accruals and contributions | $684,400 |
| Other employee benefits | $1,895,890 |
| Payroll taxes | $1,012,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $256,570 |
| Fees for services: Accounting | $78,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $508,757 |
| Advertising and promotion | $281,994 |
| Office expenses | $718,048 |
| Information technology | $672,222 |
| Royalties | $0 |
| Occupancy | $2,598,602 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,119 |
| Interest | $36,112 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $473,629 |
| Insurance | $256,824 |
| All other expenses | $13,964 |
| Total functional expenses | $25,774,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,331,968 |
| Savings and temporary cash investments | $14,987,183 |
| Pledges and grants receivable | $181,531 |
| Accounts receivable, net | $5,196 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,066 |
| Inventories for sale or use | $7,178 |
| Prepaid expenses and deferred charges | $374,892 |
| Net Land, buildings, and equipment | $1,746,349 |
| Investments—publicly traded securities | $11,960,484 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $111,291 |
| Total assets | $36,719,138 |
| Accounts payable and accrued expenses | $1,599,332 |
| Grants payable | $0 |
| Deferred revenue | $12,609,035 |
| 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 | $0 |
| Other liabilities | $1,334,509 |
| Total liabilities | $15,542,876 |
| Net assets without donor restrictions | $18,711,627 |
| Net assets with donor restrictions | $2,464,635 |
| 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 | $36,719,138 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
French American School Of New York Inc Mamaroneck, NY | $36,719,138 | $37,449,924 |
German International School New York White Plains, NY | $41,967,754 | $12,136,184 |
American Association Of Teachers Of German Inc Cherry Hill, NJ | $2,013,471 | $1,265,289 |
German Language School Of Morris Cedar Knolls, NJ | $236,217 | $246,971 |
English Speaking Union Of The United States New York, NY | $0 | $138,165 |
Deutsche Sprachschule Inc Branchburg, NJ | $12,585 | $0 |