Achievement First Brooklyn Charter Schools
87% goes to programs $0 to raise $100 Strong reserves
Achievement First Brooklyn Charter Schools is a 501(c)(3) organization based in New Haven, Connecticut, registered in 2008, with $190,406,762 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
470 James Street Ste 007, New Haven, CT, 06513 EIN 20-5118947 Since 2008
Revenue (FY2023)
$190.4M
▲ 4.9% vs prior year
Education median: $200K
Expenses (FY2023)
$165.9M
Net assets
$94.7M
Employees
1,669
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Achievement First Brooklyn Charter Schools: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Achievement First Brooklyn Charter Schools: 7 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Achievement First Brooklyn Charter Schools: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Achievement First Brooklyn Charter Schools: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To strengthen the academic and character skills needed for all students to excel in top-tier colleges, to achieve success in a competitive world, and to serve as the next generation of leaders in their communities. the schools serve students from low income households in brooklyn and queens, new york. the schools operated classes for students in kindergarten to the twelfth grade.
Contact & location
- Address
- 470 James Street Ste 007, New Haven, CT, 06513
- City
- New Haven
- State
- Connecticut
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $15.1M (FY2013) to $190.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $71.4MNet assets $94.7M
Operating margin
12.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$166.1M
Total liabilities
$71.4M
Net assets
$94.7M
Salaries & benefits
$107.6M
65% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $190,406,762▲4.9% | $165,938,161▼2.4% | $94,683,053▲34.8% | $166,116,176▲102% | 990 |
| 2022 | $181,518,401▲0.1% | $170,028,927▼1.5% | $70,214,452▲20.2% | $82,303,104▲22.0% | 990 |
| 2021 | $181,276,888▲8.5% | $172,649,148▲16.3% | $58,428,995▲17.3% | $67,448,435▲24.3% | 990 |
| 2020 | $167,076,018▲4.0% | $148,393,269▼1.0% | $49,801,255▲60.0% | $54,254,449▲40.9% | 990 |
| 2019 | $160,719,015▲9.0% | $149,889,199▲5.2% | $31,118,506▲53.4% | $38,514,058▲33.9% | 990 |
| 2018 | $147,436,742▲12.3% | $142,487,740▲11.9% | $20,288,690▲32.4% | $28,758,013▲26.3% | 990 |
| 2017 | $131,232,350▲12.8% | $127,324,861▲10.3% | $15,321,723▲34.2% | $22,777,234▲22.3% | 990 |
| 2016 | $116,365,275▲493% | $115,450,105▲454% | $11,414,234▲1116% | $18,626,474▲832% | 990 |
| 2014 | $19,636,163▲30.3% | $20,832,222▲33.6% | $938,338▼56.0% | $1,999,004▼26.2% | 990 |
| 2013 | $15,065,013 | $15,591,673▲15.2% | $2,134,397▼19.8% | $2,708,301▼21.4% | 990 |
| 2012 | — | $13,529,056▲12.6% | $2,661,057▲7.1% | $3,446,369▼9.9% | 990 |
| 2011 | — | $12,018,916▲17.1% | $2,485,656▼4.9% | $3,826,810▲12.7% | 990 |
| 2010 | — | $10,259,814▲15.1% | $2,613,550▲68.9% | $3,395,668▲37.8% | 990 |
| 2009 | — | $8,910,429 | $1,546,938 | $2,464,133 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Courtney O'reilly Saretzsky — $216,918 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Courtney O'reilly Saretzsky | Principal | 40 | $216,918 |
| Colleen Young | Principal | 40 | $178,319 |
| Allison R Laird | Principal | 40 | $168,118 |
| Jordan N Hardy | Principal | 40 | $166,445 |
| Jesse Uggla | Principal | 40 | $166,270 |
| Akeem Frett | Secretary | 1 | — |
| Amy Arthur Samuels | Trustee | 1 | — |
| Anup Menon | Trustee | 1 | — |
| Brandon Sorlie | Trustee | 1 | — |
| Christopher Lynch | Treasurer | 1 | — |
| David Pollak | Trustee | 1 | — |
| Desiree Dalton | Trustee | 1 | — |
| Jonathan Atkeson | Trustee | 1 | — |
| Josh Vidro | Trustee | 1 | — |
| Kevin Miquelon | Trustee | 1 | — |
| Paul Cabana | Trustee | 1 | — |
| Romy Coquillette | Chair | 1 | — |
| Shawn Warrren | Trustee | 1 | — |
| Tamika Bradley | Trustee | 1 | — |
| Warren Young | Treasurer | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Achievement First | Management Services | $19,305,415 |
| Cohn Reznick LLP | Audit & Tax Services | $167,749 |
| About the Work LLC | Consulting Services | $144,000 |
Grants received · $5.5M total
8 grants to Achievement First Brooklyn Charter Schools totaling $5.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Achievement First Inc | To support the general operating expenses of the school. | 2022 | $458,047 |
| Achievement First Inc | To support the general operating expenses of the school. | 2021 | $1,346,727 |
| Achievement First Inc | To support the general operating expenses of the school. | 2020 | $422,408 |
| Local Initiatives Support Corporation | See part iv | 2020 | $50,000 |
| Achievement First Inc | To support the general operating expenses of the school. | 2019 | $81,693 |
| Achievement First Inc | To support the general operating expenses of the school. | 2017 | $15,020 |
| Achievement First Inc | To support the general operating expenses of the school. | 2016 | $1,433,414 |
| Achievement First Inc | To support the general operating expenses of the school. | 2015 | $1,652,158 |
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Compare Achievement First Brooklyn Charter Schools
Frequently asked questions
- Is Achievement First Brooklyn Charter Schools a legitimate nonprofit?
- Yes. Achievement First Brooklyn Charter Schools is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5118947, based in New Haven, Connecticut. Donations are tax-deductible.
- What is Achievement First Brooklyn Charter Schools's EIN?
- Achievement First Brooklyn Charter Schools's Employer Identification Number (EIN) is 20-5118947.
- How much revenue does Achievement First Brooklyn Charter Schools report?
- Achievement First Brooklyn Charter Schools reported $190,406,762 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Achievement First Brooklyn Charter Schools's spending goes to programs?
- Achievement First Brooklyn Charter Schools spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Achievement First Brooklyn Charter Schools have?
- CharityIndex grades Achievement First Brooklyn Charter Schools A, based on program efficiency and fundraising cost.
- How much does Achievement First Brooklyn Charter Schools's highest-paid employee make?
- The highest reported compensation on Achievement First Brooklyn Charter Schools's latest Form 990 is $216,918, paid to Courtney O'reilly Saretzsky (Principal).
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Data for Achievement First Brooklyn Charter Schools (EIN 20-5118947) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.