Blue School is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 08/2020, Blue School employed 147 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue 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 08/2020, Blue School generated $18.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $26.0m during the year ending 08/2020. While expenses have increased by 19.6% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BLUE SCHOOL'S MISSION IS TO DEVELOP AND SHARE AN INQUIRY-BASED APPROACH TO EDUCATION THAT FOSTERS CREATIVITY, PROMOTES ACADEMIC EXCELLENCE, NURTURES HUMAN RELATIONSHIPS AND INSPIRES A LIFELONG PASSION FOR LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE SCHOOL OFFERS A DYNAMICALLY BALANCED EDUCATION TO OVER 300 STUDENTS FOCUSING ON ACADEMIC MASTERY, SELF & SOCIAL INTELLIGENCE, AND CREATIVE THINKING. IN ORDER FOR DEEP ACADEMIC WORK TO TAKE PLACE, A CHILD MUST BE KNOWN AND SEEN AND MUST BE GIVEN ROOM TO BRING THEIR FULL SELF, THEIR MYRIAD QUESTIONS AND THEIR BOLD IDEAS INTO THE CLASSROOM.BLUE SCHOOL STUDENTS ARE GIVEN THE SKILLS TO BE PROBLEM SOLVERS AND ARE ENCOURAGED TO EXAMINE EVERY FACET OF A CHALLENGE. STUDENTS ENTER THE SCHOOL BUILDING KNOWING THAT THEIR IDENTITIES WILL BE EMBRACED. CLASSROOMS ARE BUILT FOR COMMUNITY BUILDING, MUTUAL RESPECT, UNDERSTANDING OF SELF AND OTHERS. EVERY DAY, CHILDREN MUST HAVE OPPORTUNITIES TO BUILD, INVENT, PROBLEM SOLVE AND DREAM WHILE TEACHERS MEET THEM WITH CURIOSITY AND UNDERSTANDING.YOUNG CHILDREN SEEK TO UNDERSTAND, CREATE AND CONNECT WITH OTHERS AND WITH THE WORLD AROUND THEM. FOR THE PRE-PRIMARY PROGRAM, WE ENCOURAGE THIS INNATE MOTIVATION TO EXPLORE AND LEARN BY LISTENING AND RESPONDING TO CHILDREN'S QUESTIONS AND IDEAS, OFFERING DYNAMIC ENVIRONMENTS AND INVITING MATERIALS THAT ALLOW CHILDREN TO ENGAGE ALL OF THEIR SENSES, AND CREATING OPPORTUNITIES FOR COLLABORATION, DISCUSSION AND MEANINGFUL RELATIONSHIPS. PRIMARY CHILDREN-GRADES KINDERGARTEN THROUGH 5TH GRADE-ENTER A STAGE OF DEVELOPMENTAL INTEGRATION IN WHICH THEY ARE ORGANIZING AND COMBINING VARIOUS SKILLS TO ACCOMPLISH INCREASINGLY COMPLEX TASKS AND TO UNDERSTAND CONCEPTS. CHILDREN DEVELOP MORE FULLY INTO UNIQUE AND CURIOUS INDIVIDUALS WHO COMPREHEND AND FORMULATE QUESTIONS AND IDEAS ABOUT THEIR IMMEDIATE WORLD. THEY LEARN TO THINK LOGICALLY, ANTICIPATE OUTCOMES, CLASSIFY OBJECTS AND SOLVE PROBLEMS. CHILDREN ARE GUIDED AND CHALLENGED TO REFLECT ON THEIR LEARNING PROCESS, RECEIVE INDIVIDUAL FEEDBACK, AND VIGOROUSLY REVISE WORK. THE WORK CARRIED OUT IN THIS PROCESS MIRRORS THE AUTHENTIC AND COLLABORATIVE WORK OF THE REAL WORLD.ADOLESCENTS HAVE ENORMOUS POTENTIAL FOR COURAGEOUS AND CREATIVE WORK. IN THE MIDDLE SCHOOL YEARS, THE HUMAN BRAIN CHANGES AT A RATE MATCHED ONLY BY THE FIRST THREE YEARS OF LIFE, AND CHILDREN'S CAPACITIES ARE NATURALLY STRENGTHENED. BLUE SCHOOL'S MIDDLE SCHOOL PROGRAM IS DESIGNED TO HARNESS THE POTENTIAL OF ADOLESCENTS TO ACT ON THEIR IDEAS, PURSUE HIGH LEVELS OF SCHOLARSHIP, AND BECOME MORE FULLY REALIZED AS PEOPLE AND LEARNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Virginia Farrar Head Of School | Officer | 40 | $287,945 |
Patricia A Lynch Director - Primary Div To 6/30/20 | 40 | $186,524 | |
Michael Jackson CFO | Officer | 40 | $185,797 |
Lauren Kardos Director - Middle School Division | 40 | $172,530 | |
Dawn Willaims Director - Admissions | 40 | $148,348 | |
Laura Camien Director - Advancement | 40 | $145,865 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Reidy Contracting Group General Contractor | 8/30/20 | $757,046 |
East Wind Securities Investment Advisory Services | 8/30/20 | $105,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,036,611 |
Noncash contributions included in lines 1a–1f | $50,989 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,036,611 |
Total Program Service Revenue | $13,349,515 |
Investment income | $5,044 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $547,273 |
Net Gain/Loss on Asset Sales | $4,882 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $18,059,934 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $4,418,823 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $578,160 |
Compensation of current officers, directors, key employees. | $303,242 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,281,477 |
Pension plan accruals and contributions | $151,167 |
Other employee benefits | $1,069,511 |
Payroll taxes | $567,407 |
Fees for services: Management | $15,088 |
Fees for services: Legal | $304,297 |
Fees for services: Accounting | $34,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $805,582 |
Advertising and promotion | $391,603 |
Office expenses | $361,814 |
Information technology | $99,711 |
Royalties | $0 |
Occupancy | $2,458,238 |
Travel | $18,027 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $39,485 |
Interest | $4,309,504 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,133,349 |
Insurance | $260,127 |
All other expenses | $15,500 |
Total functional expenses | $26,037,681 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $424,812 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $37,028 |
Accounts receivable, net | $2,779,018 |
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 | $20,436 |
Net Land, buildings, and equipment | $67,560,460 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,216,271 |
Total assets | $97,038,025 |
Accounts payable and accrued expenses | $1,947,872 |
Grants payable | $0 |
Deferred revenue | $7,237,237 |
Tax-exempt bond liabilities | $51,395,126 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $11,722,800 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $59,351,317 |
Total liabilities | $131,654,352 |
Net assets without donor restrictions | -$34,763,851 |
Net assets with donor restrictions | $147,524 |
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 | $97,038,025 |
Over the last fiscal year, we have identified 12 grants that Blue School has recieved totaling $407,792.
Awarding Organization | Amount |
---|---|
The Duchossois Family Foundation Chicago, IL PURPOSE: RESILIENCY CAMPAIGN 2022 | $250,000 |
Richard Meier Foundation New York, NY PURPOSE: TO BE USED FOR GENERAL PURPOSE OF ORGANIZATION INDICATED | $75,000 |
Hope Foundation Providence, RI PURPOSE: OPERATING EXPENSES | $16,667 |
The Duchossois Family Foundation Chicago, IL PURPOSE: BOARD CHALLENGE/SPRING BENEFIT | $15,000 |
Ron And Lisa Fenech Foundation Inc Naples, FL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $10,000 |
The Duchossois Family Foundation Chicago, IL PURPOSE: ANNUAL GIFT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ascend Charter Schools Brooklyn, NY | $45,182,055 | $130,071,368 |
Team Academy Charter School Inc Newark, NJ | $62,784,056 | $112,036,254 |
Agora Cyber Charter School King Of Prussia, PA | $29,812,274 | $123,843,368 |
Kipp Nyc Public Charter Schools Ii New York, NY | $29,013,020 | $109,312,231 |
The Academy Charter School Hempstead, NY | $181,369,373 | $54,353,660 |
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 |