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Brooklyn Laboratory Charter Schools Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464341617 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brooklyn Laboratory Charter Schools Inc?

Brooklyn Laboratory Charter Schools Inc, located at 240 Jay Street in Brooklyn, New York, is a nonprofit educational institution with a team of 161 employees. Their mission is to equip students with a strong academic foundation, surpassing citywide averages and meeting or exceeding New York state standards and national norms in all tested curriculum areas, particularly in mathematics and language arts. The school served approximately 733 students in grades six through eleven during the 2021-2022 academic year. The organization's primary objective is to prepare scholars for success in higher education and professional life, fostering academic achievement, digital literacy, and ethical leadership skills.


Official website here: www.brooklynlaboratoryschool.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

Brooklyn Laboratory Charter Schools Inc has received an 81% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The score reflects the organization’s strong adherence to transparency, with a fully independent board and well-structured oversight committees. These factors contribute positively to the overall trustworthiness of the nonprofit.

The organization demonstrates excellent financial management, evidenced by a program expense ratio of nearly 88%, meaning a significant majority of its expenses are directed towards its educational programs. Other strengths include the presence of comprehensive policies on conflict of interest, whistleblower protections, and document retention, which further enhance its operational integrity.

However, while the 81% rating is commendable, it suggests that there may be areas for improvement beyond accountability and finance. Future evaluations could benefit from assessing other dimensions such as program impact and community feedback, which could provide a more holistic view of the organization's effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Brooklyn Laboratory Charter Schools Inc legitimate?

Brooklyn Laboratory Charter Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Laboratory Charter Schools 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: $377,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,584,505

For more financial information, click here


Official website here: www.brooklynlaboratoryschool.org

What is the mission statement of Brooklyn Laboratory Charter Schools Inc?

Brooklyn Laboratory Charter Schools Inc is dedicated to preparing scholars with the essential academic foundation, digital literacy, and leadership skills necessary for success in college and professional life. The institution goes beyond citywide averages and meets or exceeds New York State standards and national norms in all curriculum areas, particularly in mathematics and language arts. During the 2021-2022 academic year, the school served approximately 733 students in grades sixth through eleventh. By fostering ethical leadership, the school lays a solid foundation for students' academic achievements and equips them with the skills required to thrive in their future endeavors.


Official website here: www.brooklynlaboratoryschool.org

Who is the CEO of Brooklyn Laboratory Charter Schools Inc?

Eric Tucker is the Principal Officer of Brooklyn Laboratory Charter Schools Inc.


Official website here: www.brooklynlaboratoryschool.org

What is the revenue of Brooklyn Laboratory Charter Schools Inc?

Brooklyn Laboratory Charter Schools Inc's revenue in 2022 was $24,602,340.


Official website here: www.brooklynlaboratoryschool.org

Who are the executives of Brooklyn Laboratory Charter Schools Inc and what are their salaries?

The average compensation at Brooklyn Laboratory Charter Schools Inc during 2022 was $55,666. There are 161 employees and 9 volunteers at Brooklyn Laboratory Charter Schools Inc.


Here are 16 key members and their salaries:


Martha Revenaugh (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrien Siegfried (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadine Augusta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldridge Gilbert Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Loughlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Mcintosh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sujata Rajpurohit (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tokumbo Shobowale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric M Tucker (Executive Director)
  • Compensation: $185,093
  • Related: $0
  • Other: $24,796
Sheryl Gomez (Chief Financial Officer)
  • Compensation: $172,950
  • Related: $0
  • Other: $5,931
Aaron Daly (Chief Operating Officer)
  • Compensation: $168,830
  • Related: $0
  • Other: $37,169
Damion Frye (Principal)
  • Compensation: $136,465
  • Related: $0
  • Other: $4,775
Bennison Ntsakey (Director Of Academics)
  • Compensation: $132,563
  • Related: $0
  • Other: $8,182
Stacy Beharry (Teacher)
  • Compensation: $119,345
  • Related: $0
  • Other: $4,043
Jasmine Tucker (Principal)
  • Compensation: $117,409
  • Related: $0
  • Other: $6,340


Official website here: www.brooklynlaboratoryschool.org

Where can I find the form 990 for Brooklyn Laboratory Charter Schools Inc?

Brooklyn Laboratory Charter Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brooklynlaboratoryschool.org

Learn more at the official website: www.brooklynlaboratoryschool.org

Mission Statement of Brooklyn Laboratory Charter Schools Inc

Brooklyn Laboratory Charter Schools Inc is dedicated to shaping ethical leaders by providing scholars with a strong academic foundation and essential digital literacy skills. This educational institution aims to equip students with the necessary tools to excel in college and professional life. Through rigorous curriculum in all tested areas, especially mathematics and language arts, Brooklyn Laboratory Charter Schools surpasses citywide averages and adheres to New York State standards and national norms.

In the 2021-2022 academic year, approximately 733 students in grades sixth through eleventh benefited from this solid educational foundation at Brooklyn Laboratory Charter Schools. The institution's commitment to academic success does not stop at test scores alone. It encompasses a holistic approach to learning that goes beyond the classroom. By fostering a culture of achievement, Brooklyn Laboratory Charter Schools Inc instills in its scholars a passion for lifelong learning and personal growth.

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Impact




October, 2024

Brooklyn Laboratory Charter Schools Inc. focuses on equipping students with the academic foundation, digital literacy, and leadership skills essential for success in college and professional life. The school provides a robust educational environment that fosters academic achievement, consistently surpassing citywide averages while meeting or exceeding New York state standards and national norms, particularly in mathematics and language arts.

During the 2021-2022 academic year, approximately 733 students in grades six through eleven benefited from this comprehensive approach to education. With a mission centered on nurturing ethical leaders, the school emphasizes not only academic excellence but also the development of character and leadership skills, preparing scholars to navigate the complexities of their future endeavors effectively. This impact resonates through both the academic achievements of its students and their growth as responsible citizen leaders in the community.




This information is meant to be a general summary of Brooklyn Laboratory Charter Schools 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.

Revenue
$24,602,340 (2022)
Expenses
$24,387,201 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,121
  • Program Service Revenue: $20,836,971
  • Gross Receipts: $24,602,340

Assets and Liabilities:

  • Total Assets: $18,514,494
  • Total Liabilities: $3,241,360
  • Net Assets: $15,273,134

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOV'T PER-PUPIL REV.

Revenue

$15,474,202

GOV'T PER-PUPIL FACILITIES FUNDIN

Revenue

$3,701,469

RENTAL INCOME

Revenue

$1,661,300

Organization Details

Founding Year

2013

Principal Officer

Eric Tucker

Main Address

240 JAY STREET, BROOKLYN, NY, 11201

NTEE Category

Code: B29 - Education

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