Launch Expeditionary Learning Charter School
- Assets
- $2.9m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 72
- Location
- Brooklyn, NY
- Founding
- 10/2011
- Data as of
- 06/2022
- EIN
- 45-2442373
Organization Overview
Launch Expeditionary Learning Charter School is located in Brooklyn, NY. The organization was established in 2011. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Launch Expeditionary Learning Charter School employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Launch Expeditionary Learning Charter 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 06/2022, Launch Expeditionary Learning Charter School generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $7.2m during the year ending 06/2022. While expenses have increased by 3.6% 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
THE SCHOOL IS BUILT ON TEN DESIGN PRINCIPLES THAT REFLECT THE EDUCATIONAL VALUES AND BELIEFS OF NEW YORK CITY OUTWARD BOUND AND EXPEDITIONARY LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL SERVED APPROXIMATELY 263 STUDENTS IN SIXTH THROUGH EIGHTH GRADES LIVING IN BEDFORD-STUYVESANT, CROWN HEIGHTS, AND THE SURROUNDING COMMUNITIES IN BROOKLYN, NY DURING THE 2021-2022 ACADEMIC YEAR. THROUGH ITS PARTNERSHIP WITH NYC OUTWARD BOUND SCHOOLS, THE SCHOOL IS PART OF AN EXPEDITIONARY LEARNING NETWORK OF OVER 160 MEMBER SCHOOLS NATIONWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Efrat Kussell Head Of School | Officer | 40 | $166,053 |
Geoffrey Roehm Executive Director | Officer | 40 | $160,982 |
Camille Schlafer Director Of Finance | Officer | 40 | $143,303 |
Alexis Rubin Director Of External Affairs | 40 | $132,298 | |
Brandi Robinson Director Of Special Populations | 40 | $118,148 | |
Shamikah Kenlock-Nikiema Assistant Principal | 40 | $115,301 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Scape Landscape Architecture Dpc Landscape Design Consultants For Fbf Exp | 6/29/22 | $144,665 |
Architecture Research Office Llc Architectual Design Consultants For Fbf | 6/29/22 | $127,841 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,072,986 |
| All other contributions, gifts, grants, and similar amounts not included above | $188,535 |
| Noncash contributions included in lines 1a–1f | $19,425 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,261,521 |
| Total Program Service Revenue | $5,666,251 |
| Investment income | $1,235 |
| 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 | $6,929,007 |
| 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. | $479,196 |
| Compensation of current officers, directors, key employees. | $186,459 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,071,317 |
| Pension plan accruals and contributions | $42,800 |
| Other employee benefits | $525,784 |
| Payroll taxes | $454,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,239 |
| Fees for services: Accounting | $36,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $651,264 |
| Advertising and promotion | $96,854 |
| Office expenses | $98,836 |
| Information technology | $120,433 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $159,186 |
| Insurance | $39,785 |
| All other expenses | $29,784 |
| Total functional expenses | $7,228,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $445,826 |
| Savings and temporary cash investments | $1,338,203 |
| Pledges and grants receivable | $796,170 |
| Accounts receivable, net | $0 |
| 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 | $80,957 |
| Net Land, buildings, and equipment | $273,012 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,934,168 |
| Accounts payable and accrued expenses | $536,173 |
| 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 | $0 |
| Total liabilities | $536,173 |
| Net assets without donor restrictions | $2,286,768 |
| Net assets with donor restrictions | $111,227 |
| 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 | $2,934,168 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Launch Expeditionary Learning Charter School has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
A L Mailman Family Foundation Inc White Plains, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our World Neighborhood Charter School Astoria, NY | $8,035,800 | $19,394,981 |
Zeta Charter Schools - New York City Bronx, NY | $8,294,050 | $24,042,847 |
Tapestry Charter School Buffalo, NY | $42,673,326 | $19,036,142 |
Belmont Charter School Philadelphia, PA | $6,922,339 | $21,008,354 |
Riverton Street Charter School Jamaica, NY | $876,028 | $18,020,045 |
Community Partnership Charter School Brooklyn, NY | $6,697,823 | $17,421,510 |
University Heights Charter School Of Excellence Inc Newark, NJ | $19,966,425 | $19,377,888 |
Propel Charter School Sunrise Pittsburgh, PA | $9,914,076 | $19,454,226 |
West Oak Lane Charter School Philadelphia, PA | $9,484,536 | $17,633,515 |
New World Preparatory Charter School Staten Island, NY | $11,039,877 | $15,891,688 |
Central Jersey College Preparatory Charter School Somerset, NJ | $11,475,546 | $18,846,415 |
Mast Community Charter School Iii Philadelphia, PA | $53,124,349 | $21,172,350 |