Overview
What is Big Apple Institute Inc?
Big Apple Institute Inc is a coeducational academic institution based in Brooklyn, New York City. The independent school caters to students from Kindergarten to Grade 12 and operates two modern facilities in the Gravesend area. The Academy's mission covers the elementary and intermediate school levels, providing quality education to its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Big Apple Institute Inc has achieved a high rating of 94% from Charity Navigator, indicating strong performance in accountability and finance. The organization’s score is derived entirely from its accountability and finance beacon, showcasing its commitment to transparency and responsible financial management. This high rating reflects effective oversight and governance practices.
The nonprofit demonstrates a robust governance structure, with a fully independent board composed of seven members. It has implemented comprehensive policies, including conflict of interest, whistleblower, and document retention policies, all of which contribute to its strong accountability framework. Additionally, the organization has reported no material diversion of assets, reinforcing its integrity.
Financially, Big Apple Institute Inc maintains a healthy liabilities to assets ratio of 27.17% and allocates 85.52% of its expenses directly to its programs. These figures suggest that the organization is effectively channeling resources towards its mission, though the data does not provide insight into specific programmatic impact or community feedback.
This AI summary has been generated from information found on Charity Navigator.
Is Big Apple Institute Inc legitimate?
Big Apple Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Apple Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $126,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,732,715
For more financial information, click here
What is the mission statement of Big Apple Institute Inc?
The Big Apple Institute Inc operates as an independent, coeducational academic institution catering to students from Kindergarten through Grade 12. Its mission is to provide quality education to its students in a nurturing environment. The Big Apple Academy focuses on fostering academic growth and personal development for its students, ensuring they receive a well-rounded education. The institution takes pride in its modern facilities, which enable an optimal learning experience for its students. Additionally, the Academy is committed to creating an inclusive and supportive learning community, where every student can reach their full potential.
Who is the CEO of Big Apple Institute Inc?
Semyon Lipnitsky is the President of Big Apple Institute Inc.
What is the revenue of Big Apple Institute Inc?
Big Apple Institute Inc's revenue in 2022 was $15,473,175.
Who are the executives of Big Apple Institute Inc and what are their salaries?
The average compensation at Big Apple Institute Inc during 2022 was $40,410. There are 145 employees at Big Apple Institute Inc.
Here are 7 key members and their salaries:
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- Compensation: $126,667
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Where can I find the form 990 for Big Apple Institute Inc?
Big Apple Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Big Apple Institute Inc
The Big Apple Institute Inc, an independent and coeducational academic institution, is committed to providing quality education to students from Kindergarten through Grade 12. Nestled in modern facilities, this institute caters to the learning needs of young minds in a nurturing and stimulating environment. The Big Apple Academy, as it is affectionately known, is dedicated to fostering the growth and development of its students, helping them to realize their full potential. Through its rigorous academic programs, the institute lays a strong foundation for the future of its students, preparing them for success in their academic pursuits and beyond. With a focus on providing a well-rounded education, the Big Apple Institute Inc goes beyond textbooks to teach essential life skills, instilling in its students a love for learning that will last a lifetime.
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Impact
October, 2024
Big Apple Institute Inc significantly enhances the educational landscape in Brooklyn, New York, by providing high-quality, coeducational academic opportunities for students from Kindergarten through Grade 12. Its two modern facilities in the Gravesend area create an engaging learning environment that fosters academic growth and personal development.
The Academy emphasizes a well-rounded education, equipping students with essential skills and knowledge tailored to prepare them for future academic challenges. By fostering a diverse learning community, Big Apple Institute Inc promotes inclusivity and collaboration among students, preparing them for a global society.
Through its innovative curriculum and extracurricular offerings, the Academy not only focuses on academic excellence but also nurtures critical thinking, creativity, and social responsibility. This holistic approach to education empowers students to become active, engaged citizens in their communities. The impact of Big Apple Institute Inc is thus reflected in the success of its students, who are well-prepared for future endeavors in higher education and beyond.
This information is meant to be a general summary of Big Apple Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $15,473,175
- Gross Receipts: $15,473,175
Assets and Liabilities:
- Total Assets: $3,857,426
- Total Liabilities: $1,048,247
- Net Assets: $2,809,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITIONS AND FEES
Revenue
$12,126,817
FEES AND CONTRACTS FROM GOVERNMENT AGENCIES
Revenue
$3,312,491
INTEREST INCOME
Revenue
$33,867
Organization Details
Founding Year
1995
Phone
(718) 333-0300Principal Officer
Semyon Lipnitsky
Main Address
524 LAKE STREET, BROOKLYN, NY, 11223
NTEE Category
Code: B24 - Education
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