Totals
- Total revenue
- $5,290,724
- Total expenses
- $10,399,616
- Contributions and grants received
- $4,998,997
- Grants paid
- $108,947
- Program service revenue
- $8,340,739
- Investment income
- -$9,859,629
- Other revenue
- $1,810,617
- Total assets, end of year
- $1,383,974
- Total liabilities, end of year
- $50,645,042
- Net assets or fund balances, end of year
- -$49,261,068
- Program services expenses (Part IX)
- $7,105,972
- Management and general expenses
- $2,752,394
- Fundraising expenses
- $541,250
- Program service expenses (Part III)
- $7,105,972
Program services were 68.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,681,000
-
1f · All other contributions, gifts and grants
$3,317,997
-
1g · Noncash contributions included above
$178,445
-
2a · Program service revenue: TUITION & FEES
total $8,340,739 · related or exempt $8,340,739
-
3 · Investment income
total $984 · excluded $984
-
6a · Gross rents
real property $1,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $1,000
-
6d · Net rental income or loss
total $1,000 · excluded $1,000
-
7a · Gross sales of assets other than inventory
other assets $107,959
-
7b · Less cost or other basis and sales expenses
other assets $9,968,572
-
7c · Gain or loss
other assets -$9,860,613
-
7d · Net gain or loss
total -$9,860,613 · excluded -$9,860,613
-
8a · Fundraising events: gross income
$25,998
-
8b · Fundraising events: direct expenses
$15,305
-
8c · Net income from fundraising events
total $10,693 · excluded $10,693
-
11a · Other revenue: DEFERRED RENT WRITE OFF
total $1,772,753 · excluded $1,772,753
-
11b · Other revenue: CREDIT CARD REWARDS
total $23,502 · excluded $23,502
-
11c · Other revenue: HARVEST FESTIVAL
total $1,595 · excluded $1,595
-
11d · All other revenue
total $1,074 · excluded $1,074
-
11e · Other revenue, total
$1,798,924
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $108,947 · program services $108,947
-
5 · Compensation of officers, directors and key employees
total $654,661 · program services $451,963 · management and general $138,132 · fundraising $64,566
-
7 · Other salaries and wages
total $5,406,428 · program services $3,943,390 · management and general $1,165,868 · fundraising $297,170
-
8 · Pension plan contributions
total $153,784 · program services $118,222 · management and general $25,832 · fundraising $9,730
-
9 · Other employee benefits
total $683,761 · program services $496,584 · management and general $146,308 · fundraising $40,869
-
10 · Payroll taxes
total $449,358 · program services $321,459 · management and general $101,443 · fundraising $26,456
-
11a · Fees: management
total $163,512 · program services $128,793 · management and general $34,719
-
11b · Fees: legal
total $271,377 · management and general $271,377
-
11c · Fees: accounting
total $323,523 · management and general $323,523
-
11g · Fees: other
total $43,500 · management and general $43,500
-
12 · Advertising and promotion
total $51,258 · program services $51,258
-
13 · Office expenses
total $319,195 · program services $151,885 · management and general $160,554 · fundraising $6,756
-
14 · Information technology
total $79,447 · program services $56,695 · management and general $18,047 · fundraising $4,705
-
16 · Occupancy
total $87,544 · program services $63,579 · management and general $18,732 · fundraising $5,233
-
17 · Travel
total $2,098 · management and general $2,098
-
19 · Conferences, conventions and meetings
total $62,157 · program services $34,425 · management and general $20,574 · fundraising $7,158
-
20 · Interest
total $4,197 · program services $3,048 · management and general $898 · fundraising $251
-
22 · Depreciation, depletion and amortization
total $678,484 · program services $492,752 · management and general $145,179 · fundraising $40,553
-
23 · Insurance
total $258,973 · program services $188,080 · management and general $55,414 · fundraising $15,479
-
24a · Other expenses: FACILITY
total $373,499 · program services $271,255 · management and general $79,920 · fundraising $22,324
-
24b · Other expenses: EB5 ADMIN EXPENSE
total $111,762 · program services $111,762
-
24c · Other expenses: CLASSROOM SUPPLIES
total $91,489 · program services $91,489
-
24d · Other expenses: FOOD SERVICES
total $10,574 · program services $10,574
-
24e · All other expenses
total $10,088 · program services $9,812 · management and general $276
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $947,912 · end of year $1,061,509
-
4 · Accounts receivable
beginning of year $492,123 · end of year $282,181
-
9 · Prepaid expenses and deferred charges
beginning of year $43,301 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $17,662,034
-
15 · Other assets
beginning of year $26,213,381 · end of year $40,284
-
17 · Accounts payable and accrued expenses
beginning of year $2,797,051 · end of year $3,292,073
-
19 · Deferred revenue
beginning of year $4,110,357 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $5,039,113 · end of year $14,000,503
-
23 · Secured mortgages and notes payable
beginning of year $23,177,004 · end of year $12,351,771
-
25 · Other liabilities
beginning of year $57,839,524 · end of year $21,000,695
-
27 · Net assets without donor restrictions
beginning of year -$47,604,298 · end of year -$49,261,068
Mission and programs · 2022
Mission
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.
-
BLUE SCHOOL IS A N-8 SCHOOL IN DOWNTOWN MANHATTAN. SPANNING THE FOUNDATIONAL FIRST DECADE OF LIFE, THE BLUE SCHOOL EDUCATION PROVIDES FOR A RICH AND UNIQUE RANGE OF INTEGRATED ACADEMIC, SOCIAL AND ARTISTIC EXPERIENCES. THROUGH OUR COMMITMENT TO COMMUNITY, CREATIVITYAND ACADEMIC VIGOR, BLUE SCHOOL NURTURES A FERTILE IMAGINATION, A KEEN INTELLECT, A BIG HEART AND AN INSATIABLE PASSION FOR LEARNING.THE SCHOOL CLOSED IN JUNE 2023.
Expenses $7,105,972 · Grants $108,947 · Revenue $8,340,739
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Renee RolleriRENEE ROLLERI
CHAIR, CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 30
-
Matthew R GoldmanMATTHEW R GOLDMAN
VICE CHAIR, CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 30
-
Eric HuangERIC HUANG
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Stephen R WilsonSTEPHEN R WILSON
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Jennifer Lamberts StantonJENNIFER LAMBERTS STANTON
TRUSTEE, CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 2
-
Belgies AnanBELGIES ANAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Julian BarrowcliffeJULIAN BARROWCLIFFE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David BealDAVID BEAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rebecca LisicaREBECCA LISICA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Peter MastersonPETER MASTERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kate QuarfordtKATE QUARFORDT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ilaria WoodwardILARIA WOODWARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Robert CudneyROBERT CUDNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Noah ReinhardtNOAH REINHARDT
HEAD OF SCHOOL
- Total calculated
- $400,696
- From this org
- $400,696
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $400,696
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $400,696
-
Michael JacksonMICHAEL JACKSON
CFO (UNTIL 7/31/23)
- Total calculated
- $230,400
- From this org
- $229,011
- From related orgs
- $0
- Other
- $1,389
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $229,011
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $1,389
- Filer's total
- $230,400
-
Francesca LanningFRANCESCA LANNING
DIRECTOR OF ADVANCEMENT
- Total calculated
- $152,765
- From this org
- $152,237
- From related orgs
- $0
- Other
- $528
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,237
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $528
- Filer's total
- $152,765
-
Tu HarrisTU HARRIS
PRIMARY DIRECTOR
- Total calculated
- $213,885
- From this org
- $196,202
- From related orgs
- $0
- Other
- $17,683
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,202
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $17,683
- Filer's total
- $213,885
-
Dawn WillaimsDAWN WILLAIMS
DIRECTOR OF ENROLLMENT
- Total calculated
- $156,881
- From this org
- $156,881
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,881
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $156,881
-
Alexandra J DavisALEXANDRA J DAVIS
MIDDLE SCHOOL DIRECTOR
- Total calculated
- $144,504
- From this org
- $142,796
- From related orgs
- $0
- Other
- $1,708
- Hours/week
- 40
-
Hilary WallisHILARY WALLIS
DIRECTOR OF COMMUNICATIONS
- Total calculated
- $106,161
- From this org
- $104,357
- From related orgs
- $0
- Other
- $1,804
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SUPPORT AND BENEFIT THE SCHOOL AND ITS RELATED NOT-FOR-PROFIT ENTITIES · NY · controlled entity
Directly controlled by BLUE SCHOOL
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
BLUE SCHOOL FUND I MANAGER LLC
MANAGING MEMBER OF BLUE SCHOOL FUND I, LLC · DE · income $0 · assets $0
Directly controlled by BLUE SCHOOL
-
BLUE SCHOOL HOLDINGS LLC
DEVELOPMENT AND OPERATION OF THE BLUE SCHOOL PRESENT AND FUTURE PROJECTS · DE · income $0 · assets $0
Directly controlled by BLUE SCHOOL
-
BLUE SCHOOL FUND 2 MANAGER LLC
MANAGING MEMBER OF BLUE SCHOOL FUND 2, LLC · DE · income $0 · assets $0
Directly controlled by BLUE SCHOOL
-
REAL ESTATE MANAGEMENT · DE · income $0 · assets $0
Directly controlled by BLUE SCHOOL
-
BLUE SCHOOL FUND 3 MANAGER LLC
MANAGING MEMBER OF BLUE SCHOOL FUND 3, LLC · DE · income $0 · assets $0
Directly controlled by BLUE SCHOOL
-
BLUE HOLDINGS EAST ASIA LLC
CONSULTING, TEACHER TRAINING, & OTHER EDUCATION INITIATIVES WITH CHINA · DE · income $0 · assets $0
Directly controlled by BLUE SCHOOL
-
BLUE U LLC
DEVELOP TEACHER, ADMINISTRATOR & PARENT TRAINING PROGRAMS & CURRICULUM · DE · income $0 · assets $0
Directly controlled by BLUE SCHOOL
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
BLUE SCHOOL FUND 1 LLC
AIDING AND FUNDING THE EXPANSION OF THE SCHOOL PROJECT · DE
Directly controlled by BLUE SCHOOL FUND 1 MANAGER LLC
-
BLUE SCHOOL FUND 2 LLC
DEVELOPMENT AND OPERATING OF THE BLUE SCHOOL PRESENT AND FUTURE PROJECTS · DE
Directly controlled by BLUE SCHOOL FUND 2 MANAGER LLC
-
BLUE SCHOOL FUND 3 LLC
AIDING AND FUNDING THE EXPANSION OF THE SCHOOL PROJECT · DE
Directly controlled by BLUE SCHOOL FUND 3 MANAGER LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
BLUE HOLDINGS GLOBAL INC
C · OVERSEE MONETIZATION OF BLUE SCHOOL IP · DE · 100% owned
Directly controlled by BLUE SCHOOL
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$6,236
Disposition · CLASSROOM EQUIPMENT · Apr 25, 2023 · 501C3
-
$3,769
Disposition · CLASSROOM EQUIPMENT · May 8, 2023 · 501C3
-
$1,256
Disposition · CLASSROOM EQUIPMENT · May 16, 2023 · 501C3
-
$10,433
Disposition · CLASSROOM EQUIPMENT · May 22, 2023 · 501C3
-
GRACE CHURCH
$1,088
Disposition · CLASSROOM EQUIPMENT · Jun 1, 2023 · CORPORATION
-
GREEN IVY SCHOOL
$4,489
Disposition · CLASSROOM EQUIPMENT · Jun 21, 2023 · CORPORATION
-
GREEN IVY SCHOOL
$4,735
Disposition · CLASSROOM EQUIPMENT · Jun 21, 2023 · CORPORATION
-
GREEN IVY SCHOOL
$28,118
Disposition · CLASSROOM EQUIPMENT · Jun 23, 2023 · CORPORATION
-
LITTLE RED SCHOOLHOUSE
$5,302
Disposition · CLASSROOM EQUIPMENT · Aug 1, 2023 · CORPORATION
-
$34,729
Disposition · CLASSROOM EQUIPMENT · Aug 11, 2023 · 501C3
1 distribution to a recipient named as a person, $7,805. Counted where the filer named the recipient as a person, as filed. Who received them, and what, are not published.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400999349300340
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