Beginning with Children Charter School 2
Nonprofit profile at a glance
- EIN
- 453733349
- IRS 990 coverage
- 2012–2012
- Forms available
- Form 990 2012
- Location
- Brooklyn, NY, USA
- Phone
- 7183027700
- Rating confidence
- Limited
- Sector
- Charter Schools
Reported finances
- Revenue
- $2,148,954
- Expenses
- $1,853,551
- Assets
- $516,374
- Liabilities
- $267,369
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
13 people listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Beginning with children charter school 2(bwccs 2) is a nurturing community that fosters a love of learning and the development of character - for students in grades k-8. Bwccs 2 students achieve academic excellence and are prepared to succeed in top performing high schools and colleges. Bwccs 2's students develop and use g.r.i.t. (good judgment, resilience, integrity, and teamwork) for personal and community improvement.
What it reported doing in 2012
Bwccs 2 provides the opportunity for children to succeed academically, socially and intellectually. The school currently serves 100 children in grades k-1 in brooklyn, New York.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 48
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.7%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.52; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 6%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $112K · 13 people listed
- Highest-paid contractors: 1 contractor listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.