Nyc School Support Services Inc
- Assets
- $89.2m
- Revenue
- $637.4m
- Investments
- $0.0
- Employees
- 7,384
- Location
- New York, NY
- Founding
- 02/2018
- Data as of
- 06/2021
- EIN
- 81-2621466
Organization Overview
Nyc School Support Services Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Nyc School Support Services Inc employed 7,384 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nyc School Support Services 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, Nyc School Support Services Inc generated $637.4m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $641.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 4 years. 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
PROVIDE STAFFING OF CUSTODIAL HELPERS FOR THE CITY OF NEW YORK DEPARTMENT OF EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NYCSSS'S SOLE PURPOSE IS PROVIDING STAFFING OF CUSTODIAL HELPERS FOR THE CITY OF NEW YORK DEPARTMENT OF EDUCATION ("DOE").
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald H Nedd Fireperson | 40 | $218,263 | |
Robert Burton Stationary Engineer | 40 | $213,362 | |
Stephen Brennan Executive Director | Officer | 40 | $212,397 |
Ali Tarat Fireperson | 40 | $183,811 | |
Brooke Jenkins-Lewis CFO | Officer | 40 | $172,775 |
Nathalia Berger Human Resources Director | 40 | $129,371 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Realty Advisory Board Legal | 6/29/21 | $686,250 |
Robert Ferrelli It Services | 6/29/21 | $165,600 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $637,432,346 |
| Investment income | $17,041 |
| 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 | $637,449,387 |
| 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. | $466,862 |
| Compensation of current officers, directors, key employees. | $466,862 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $411,280,928 |
| Pension plan accruals and contributions | $18,777,824 |
| Other employee benefits | $158,665,176 |
| Payroll taxes | $47,274,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $741,771 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,322,152 |
| Advertising and promotion | $0 |
| Office expenses | $171,393 |
| Information technology | $162,303 |
| Royalties | $0 |
| Occupancy | $517,408 |
| Travel | $1,818 |
| 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 | $615,149 |
| All other expenses | $19,590 |
| Total functional expenses | $641,016,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $601,367 |
| Savings and temporary cash investments | $33,195,210 |
| Pledges and grants receivable | $0 |
| 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 | $48,691,380 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,665,947 |
| Total assets | $89,153,904 |
| Accounts payable and accrued expenses | $79,753,189 |
| 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 | $91,109,890 |
| Total liabilities | $170,863,079 |
| Net assets without donor restrictions | $0 |
| 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 | -$81,709,175 |
| Total liabilities and net assets/fund balances | $89,153,904 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nyc School Support Services Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Arts Connection Inc New York, NY PURPOSE: JANKLOW AWARDS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nyc School Support Services Inc New York, NY | $89,153,904 | $637,449,387 |
Jefferson University Physicians Philadelphia, PA | $187,548,071 | $476,809,687 |
Research Foundation Of The City University Of New York New York, NY | $439,317,076 | $501,643,850 |
Harvard Management Private Equity Corporation Boston, MA | $50,439,258,807 | $2,446,321,053 |
New York University In Abu Dhabi Corporation New York, NY | $8,480,173 | $220,364,326 |
Rutgers University Foundation New Brunswick, NJ | $149,036,870 | $173,496,480 |
Wilkes University Wilkes Barre, PA | $232,735,413 | $139,424,489 |
U B Foundation Activities Inc Buffalo, NY | $144,841,745 | $102,321,519 |
Hansjorg Wyss Institute For Biologically Inspired Engineering Boston, MA | $178,608,152 | $47,853,271 |
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University Of Connecticut Foundation Incorporated Storrs, CT | $744,628,423 | $150,826,250 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |