Nonprofit · EIN 13-5653140
CORLEARS SCHOOL
Tax-exempt · NEW YORK, NY 10011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,243,119 | $8,884,733 | -$2,641,614 | $11,006,034 | $15,026,745 | -$4,020,711 |
| June 30, 2024 | 990 | $7,093,300 | $9,755,394 | -$2,662,094 | $10,674,642 | $12,235,522 | -$1,560,880 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,224,202
- Program service revenue
- $4,932,878
- Investment income
- $1
- Net income from fundraising events
- $74,238
- Other revenue
- $86,038
Expenses
- Grants and similar amounts paid
- $2,394,093
- Compensation of officers, directors and key employees
- $464,598
- Other salaries and wages
- $3,779,967
- Salaries, compensation and benefits (total)
- $4,935,142
- Professional fundraising fees
- $0
- Legal fees
- $291,013
- Accounting fees
- $10,027
- Occupancy
- $561,544
- Program services (functional)
- $6,464,437
- Management and general (functional)
- $2,216,567
- Fundraising (functional)
- $203,729
Balance sheet and other
- Total assets, start of year
- $10,674,642
- Total assets, end of year
- $11,006,034
- Total liabilities, end of year
- $15,026,745
- Net assets, end of year
- -$4,020,711
- Land, buildings and equipment
- $9,953,498
- Net assets without donor restrictions
- -$4,020,711
- Gross receipts
- $6,332,011
- Employees
- 84
- Volunteers
- 25
- Year formed
- 1970
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID EGOLF | HEAD OF SCHOOL Officer | 40 | $326,366 | $40,681 |
| AMANDA STEINER | Director of Marketing Highest-paid employee | 40 | $143,196 | $21,003 |
| COLLEEN GODDARD | Early Childhood Divison Director Highest-paid employee | 40 | $137,585 | $20,666 |
| Brenda Daniels | Elementary Divison Director Highest-paid employee | 40 | $127,207 | $20,043 |
| EUNICE ARMSTRONG | CFO Officer | 40 | $113,000 | $0 |
| BRANDON WEBER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DEEPTI SHENOY | CO-SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOEL STEINHAUS | CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTOPHER GRIMALDI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DARSHA KING | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELENA SELF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEFFREY WHYTE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MAHESH SAIREDDY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RENEE NICHOLSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SARAH WATSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAVITA BHARADWA | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID EGOLF | HEAD OF SCHOOL Officer | 40 | $304,009 | $10,550 |
| ROBERT FANTAUZZI | CFO Officer | 40 | $214,394 | $0 |
| MANSI VASA | Assistant Head of School Highest-paid employee | 40 | $143,083 | $8,221 |
| AMANDA STEINER | Director of Marketing Highest-paid employee | 40 | $137,311 | $13,950 |
| Brenda Daniels | Elementary Divison Director Highest-paid employee | 40 | $121,442 | $17,321 |
| COLLEEN GODDARD | Early Childhood Divison Director Highest-paid employee | 40 | $124,907 | $13,336 |
| Alex Gelman | Director of Operations Highest-paid employee | 40 | $101,220 | $5,643 |
| BRANDON WEBER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DEEPTI SHENOY | CO-SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOEL STEINHAUS | CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTOPHER GRIMALDI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DARSHA KING | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELENA SELF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEFFREY WHYTE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MAHESH SAIREDDY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RENEE NICHOLSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SARAH WATSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SAVITA BHARADWA | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 324 W 15TH ST, NEW YORK, NY 10011-5901
- In care of
- % ROBERT F FANTAUZZI
- Principal officer (990 for 2024)
- Eunice Armstrong, 324 WEST 15TH STREET, NEW YORK, NY 10011
- Signed the 990
- Eunice Armstrong, CFO
- Phone
- (212) 741-2800
- Website
- WWW.CORLEARSSCHOOL.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
CORLEARS STUDENTS LEARN, PLAY, AND GROW TOGETHER IN A SCHOOL DESIGNED FOR WHO THEY ARE AT AGES 2 THROUGH 10. DURING THESE CRUCIAL FORMATIVE YEARS, WE BUILD A FOUNDATION OF COMPASSION, CRITICAL THINKING, IMAGINATION AND LEADERSHIP, AND CULTIVATE A JOY AND CONFIDENCE IN LEARNING THAT SERVES OUR GRADUATES THROUGHOUT THEIR LIVES.
Program accomplishments
- CORLEARS SCHOOL IS AN INDEPENDENT SCHOOL FOR STUDENTS AGED 2-10. IT PROVIDES NURSERY THROUGH FIFTH GRADE EDUCATIONAL SERVICES. CORLEARS SERVED 120 STUDENTS DURING THE 24-25 SCHOOL YEAR WITH A MISSION AS CORLEARS STUDENTS LEARN, PLAY, AND GROW TOGETHER IN A SCHOOL DESIGNED FOR WHO THEY ARE. DURING THESE CRUCIAL FORMATIVE YEARS, WE BUILD A FOUNDATION OF COMPASSION, CRITICAL THINKING, IMAGINATION AND LEADERSHIP, AND CULTIVATE A JOY AND CONFIDENCE IN LEARNING THAT SERVES OUR GRADUATES THROUGHOUT THEIR LIVES.Expenses $6,464,437 · grants $2,394,093 · revenue $4,932,878
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-5653140
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1958
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B240)
- Assets (IRS master file)
- $11,006,034
- Income (IRS master file)
- $6,332,011
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,243,119 | $8,884,733 | $11,006,034 | IRS |
| 990 | June 2024 | $7,093,300 | $9,755,394 | $10,674,642 | IRS |
| 990 | June 2023 | $7,141,966 | $8,490,520 | $11,867,666 | IRS |
| 990 | June 2022 | $6,153,241 | $8,626,853 | $10,609,955 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about CORLEARS SCHOOL
- What is the EIN of CORLEARS SCHOOL?
- The employer identification number (EIN) of CORLEARS SCHOOL is 13-5653140.
- Is CORLEARS SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
- Are donations to CORLEARS SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORLEARS SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CORLEARS SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORLEARS SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CORLEARS SCHOOL?
- The 990 for the year ended June 30, 2025 names Eunice Armstrong.
- Who are the officers and directors of CORLEARS SCHOOL?
- The 990 for the year ended June 30, 2025 lists 16 people; 5 received compensation from the organization, the highest $326,366 (DAVID EGOLF, HEAD OF SCHOOL).
- How much revenue does CORLEARS SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,243,119, expenses of $8,884,733 and total assets of $11,006,034 at year end.
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