Hyde Leadership Charter School-Brooklyn
- Assets
- $3.9m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 90
- Location
- Brooklyn, NY
- Founding
- 10/2011
- Data as of
- 06/2021
- EIN
- 27-1894231
Organization Overview
Hyde Leadership Charter School-Brooklyn is located in Brooklyn, NY. The organization was established in 2011. 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, Hyde Leadership Charter School-Brooklyn employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hyde Leadership Charter School-Brooklyn 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, Hyde Leadership Charter School-Brooklyn generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $12.1m during the year ending 06/2021. While expenses have increased by 11.3% 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
HYDE LEADERSHIP CHARTER SCHOOL - BROOKLYN'S ("HLCS") MISSION IS TO DEVELOP THE DEEPER CHARACTER AND UNIQUE POTENTIAL OF EACH STUDENT. USING THE HYDE PROCESS FOR FAMILY-BASED CHARACTER EDUCATION, HLCS UNITES PARENTS, TEACHERS AND STUDENTS IN HELPING EACH STUDENT ACHIEVE HIS OR HER BEST ACADEMICALLY AND IN SPORTS, THE ARTS, AND THE COMMUNITY. RIGOROUS LEARNING ATTITUDES, LEADERSHIP SKILLS AND A SOCIAL CONSCIENCE LAY THE FOUNDATION FOR EACH STUDENT'S SUCCESS IN COLLEGE AND FULFILLMENT IN LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECTOR OF FAMILY EDUCATION DEPARTMENT: TITLE IA FUNDING IN THE AMOUNT OF $268,845. FUNDING WAS USED TO SUPPORT THE DIRECTOR OF FAMILY EDUCATION DEPARTMENT, INCLUDING SALARIES FOR DIRECTOR OF FAMILY EDUCATION AND TEACHING ASSISTANTS, RESOURCE AND ASSISTANCE TO HOMELESS YOUTH IN GRADE KINDERGARTEN THROUGH 8TH GRADE. FUNDING ALSO COVERED LITERATURE MATERIAL, SUPPLIES AND WORKSHOPS.
PROFESSIONAL DEVELOPMENT WORKSHOPS: TITLE IIA FUNDING IN THE AMOUNT OF $26,927. FUNDING WAS USED FOR PROFESSIONAL DEVELOPMENT WORKSHOPS FOR TEACHERS IN GRADES K THROUGH 8TH.
PROGRAM WORKSHOP FOR PARENT AND STUDENTS: TITLE IV FUNDING IN THE AMOUNT OF $16,680. FUNDING WAS USED FOR PARENT PROGRAM WORKSHOP DESIGNED TO OFFER FAMILIES GUIDANCE FROM FACILITATORS AT COMMUNITY-BASED ORGANIZATIONS AND CONSULTANTS IN AN EFFORT TO IMPART PARENTING STRATEGIES AND RESOURCES. FUNDING ALSO COVER MATERIALS, INCLUDING RESOURCES AND TIPS ON HOW TO COMMUNICATE AND BROACH IMPORTANT TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra J Dupree Edd Executive Director | Officer | 40 | $233,613 |
Christine Depina Head Of School | Officer | 40 | $179,466 |
Rebecca Chatteram Dir. Of Ops & Business Mgr | 40 | $120,918 | |
Barbara Diane High Dir. Of Family Learning Center | 40 | $106,148 | |
Kritsta Billy Dir. Of Special Education | 40 | $102,174 | |
Jack Foster Dir. Of Finance | Officer | 40 | $63,938 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Core Development Middle School Renovation Services | 6/29/21 | $310,317 |
School Professionals Substitute Teachers | 6/29/21 | $234,773 |
Hyde Foundation Management Services | 6/29/21 | $172,000 |
Partnership With Children Mental Health Services | 6/29/21 | $114,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,036,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,056,748 |
| Total Program Service Revenue | $10,814,736 |
| Investment income | $6,752 |
| 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 | $12,878,236 |
| 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. | $563,552 |
| Compensation of current officers, directors, key employees. | $314,539 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,325,096 |
| Pension plan accruals and contributions | $148,208 |
| Other employee benefits | $1,006,732 |
| Payroll taxes | $733,059 |
| Fees for services: Management | $99,768 |
| Fees for services: Legal | $8,241 |
| Fees for services: Accounting | $77,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $678,113 |
| Advertising and promotion | $50,737 |
| Office expenses | $355,661 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,430,720 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,245 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $177,844 |
| Insurance | $53,959 |
| All other expenses | $48,971 |
| Total functional expenses | $12,130,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,758,597 |
| Savings and temporary cash investments | $1,249,600 |
| Pledges and grants receivable | $466,499 |
| Accounts receivable, net | $8,284 |
| 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 | $37,913 |
| Net Land, buildings, and equipment | $322,421 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $89,250 |
| Total assets | $3,932,564 |
| Accounts payable and accrued expenses | $875,294 |
| 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 | $0 |
| Other liabilities | $612,420 |
| Total liabilities | $1,487,714 |
| Net assets without donor restrictions | $2,444,850 |
| 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 | $3,932,564 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hyde Leadership Charter School-Brooklyn has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Sara Chait Memorial Foundation Inc New York, NY PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
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 |