Charter School Of Educational Excellence
- Assets
- $67.9m
- Revenue
- $17.0m
- Investments
- $0.0
- Employees
- 117
- Location
- Yonkers, NY
- Founding
- 04/2006
- Data as of
- 06/2021
- EIN
- 56-2453276
Organization Overview
Charter School Of Educational Excellence is located in Yonkers, NY. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Charter School Of Educational Excellence employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charter School Of Educational Excellence 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, Charter School Of Educational Excellence generated $17.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $15.2m during the year ending 06/2021. While expenses have increased by 5.7% 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
THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES INSTRUCTIONAL AND EDUCATIONAL SERVICES TO APPROXIMATELY 856 STUDENTS GRADES K THROUGH 9TH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Lopez Superintende | Officer | 40 | $208,141 |
Wilson Soto ESQ Trustee | Trustee | 1 | $0 |
Dr Debra Gerson Trustee | Trustee | 1 | $0 |
Jim Killoran Treasurer | Trustee | 1 | $0 |
Eduardo Laguerre Board Chairm | Trustee | 1 | $0 |
Carlos Medina Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tur-bus Transportation Corp Transportation | 6/29/18 | $175,911 |
Edit Technology Services Technology | 6/29/18 | $108,000 |
Boosted Finance Fiscal Services | 6/29/18 | $310,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,114,573 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,240,352 |
| Total Program Service Revenue | $14,769,387 |
| Investment income | $16,750 |
| 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 | $17,026,489 |
| 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. | $210,772 |
| Compensation of current officers, directors, key employees. | $28,049 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,723,272 |
| Pension plan accruals and contributions | $584,906 |
| Other employee benefits | $1,115,455 |
| Payroll taxes | $544,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,572 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $596,198 |
| Advertising and promotion | $53,750 |
| Office expenses | $53,473 |
| Information technology | $118,555 |
| Royalties | $0 |
| Occupancy | $1,045,808 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,278,707 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,030,398 |
| Insurance | $249,621 |
| All other expenses | $286,269 |
| Total functional expenses | $15,150,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,966,958 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,306,168 |
| 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 | $84,280 |
| Net Land, buildings, and equipment | $37,105,286 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,468,271 |
| Total assets | $67,930,963 |
| Accounts payable and accrued expenses | $2,013,335 |
| Grants payable | $0 |
| Deferred revenue | $261,233 |
| Tax-exempt bond liabilities | $46,925,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,575,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,065,019 |
| Total liabilities | $57,839,587 |
| Net assets without donor restrictions | $10,091,376 |
| 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 | $67,930,963 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Charter School Of Educational Excellence has recieved totaling $7,401.
| Awarding Organization | Amount |
|---|---|
Good Sports Inc Braintree, MA PURPOSE: INCREASE ACCESSIBILITY OF YOUTH SPORTS PROGRAMS TO DISADVANTAGED YOUTH | $6,864 |
Robert L And Ellen D Stern Foundation Inc Port Washington, NY PURPOSE: GENERAL FUND | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
True North Rochester Preparatorycharter School Rochester, NY | $31,478,453 | $41,687,630 |
Classical Charter Schools Bronx, NY | $15,984,342 | $34,614,781 |
Bronx Charter School For Excellence Bronx, NY | $63,378,035 | $40,736,120 |
Avon Grove Charter School West Grove, PA | $50,579,082 | $34,467,872 |
Science Academies Of New York Charter Schools Syracuse, NY | $37,462,091 | $36,615,185 |