Replications Inc
- Assets
- $1.4m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 21
- Location
- New York, NY
- Founding
- 01/2000
- Data as of
- 06/2021
- EIN
- 13-4075810
Organization Overview
Replications Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Replications Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Replications 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 06/2021, Replications Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 1.0% 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
TO IMPROVE EDUCATIONAL OUTCOMES FOR INNER CITY STUDENTS BY SUPPORTING PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPLICATIONS, INC. (THE ORGANIZATION") WAS ESTABLISHED FOR THE PURPOSE OF INCREASING THE NUMBER OF PROVEN SUCCESSFUL PUBLIC SCHOOLS, EDUCATIONAL PROGRAMS AND PRACTICES IN NEW YORK CITY AND ELSEWHERE BY RESEARCHING PRIVATE AND PUBLIC REPLICATIONS AND FRANCHISES; BY DEVELOPING AND FIELD-TESTING A REPLICATION PROCESS; BY PROMOTING REPLICATION OR "CLONING" AS A PRAGMATIC AND COMMON SENSE EDUCATIONAL REFORM STRATEGY; AND BY FACILITATING AND OVERSEEING THE REPLICATION OR "CLONING" OF OUTSTANDING SCHOOLS, PROGRAMS AND PRACTICES. IN FURTHERANCE OF THE FOREGOING PURPOSE, REPLICATIONS, INC. SHALL:A. DESIGN A REPLICATION PROCESS BY WHICH PROVEN SUCCESSFUL SCHOOLS, EDUCATIONAL PROGRAMS AND PRACTICES CAN BE REPLICATED OR "CLONED,"B. FIELD-TEST THE REPLICATION PROCESS IN NEW YORK CITY AND ELSEWHERE;C. FACILITATE AND OVERSEE THE REPLICATION OR "CLONING" OF PROVEN SUCCESSFUL PUBLIC SCHOOLS, EDUCATIONAL PROGRAMS AND PRACTICES;D. DOCUMENT THE REPLICATION PROCESS AS IT 1S APPLIED TO PUBLIC SCHOOLS, EDUCATIONAL PROGRAMS AND PRACTICES;E. PUBLISH AND DISSEMINATE A REPLICATION GUIDE SO THAT OTHERS MAY USE THE REPLICATION PROCESS TO INCREASE THE NUMBER OF PROVEN SUCCESSFUL SCHOOLS, EDUCATIONAL PROGRAMS AND PRACTICES;F. PROMOTE REPLICATION OR "CLONING" AS THE LOGICAL NEXT STEP IN EDUCATIONAL REFORM; ANDG. CONDUCT ANY AND ALL LAWFUL ACTIVITIES WHICH MAY BE USEFUL M ACCOMPLISHING THE FOREGOING PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles C Kip Davis Chairperson | OfficerTrustee | 2 | $0 |
Ronald Saltz VP And Secretary/ceo | OfficerTrustee | 2 | $0 |
Richard Huppert Treasurer | OfficerTrustee | 2 | $0 |
Kashon Dubose Chief Operating Officer | Officer | 40 | $0 |
Jaky Joseph Board Member | Trustee | 1 | $0 |
Robert Mueller Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,062,117 |
| All other contributions, gifts, grants, and similar amounts not included above | $641,899 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,704,016 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,704,016 |
| 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. | $200,000 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $906,792 |
| Pension plan accruals and contributions | $48,861 |
| Other employee benefits | $0 |
| Payroll taxes | $150,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,407 |
| Advertising and promotion | $11,886 |
| Office expenses | $6,245 |
| Information technology | $30,500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,467 |
| 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 | $0 |
| Insurance | $17,886 |
| All other expenses | $288 |
| Total functional expenses | $1,642,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,194,012 |
| 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 | $1,918 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,447,628 |
| Accounts payable and accrued expenses | $59,798 |
| 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 | $239,200 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $298,998 |
| Net assets without donor restrictions | $1,148,630 |
| 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 | $1,447,628 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Replications Inc has recieved totaling $30,023.
| Awarding Organization | Amount |
|---|---|
Ipsos Foundation Cincinnati, OH PURPOSE: EXPANSION OF HIGH SCHOOL ARTICULATION PROGRAM | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |
Hyde Leadership Charter School-Brooklyn Brooklyn, NY | $3,932,564 | $12,878,236 |
Teach Plus Incorporated Boston, MA | $12,001,505 | $12,042,496 |
Onward Israel Internships And Opportunities Ltd New York, NY | $897,895 | $11,379,184 |
Goodwin College Educational Services Inc East Hartford, CT | $19,577 | $10,789,035 |
Education Resource Strategies Inc Watertown, MA | $16,861,900 | $10,099,352 |
Entrepreneurial Ventures In Education Quincy, MA | $4,865,485 | $11,072,937 |