Success Academy Charter Schools - Nyc
90% goes to programs $0 to raise $100 Strong reserves Growing revenue
Success Academy Charter Schools - Nyc is a 501(c)(3) organization based in New York, New York, registered in 2009, with $452,629,748 in FY2023 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
95 Pine Street 6th Floor, New York, NY, 10005 EIN 36-4629540 Since 2009
Revenue (FY2023)
$452.6M
▲ 8.4% vs prior year
Education median: $200K
Expenses (FY2023)
$396.0M
Net assets
$294.5M
Employees
4,038
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 rating90% 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 Success Academy Charter Schools - Nyc: 90% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 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 Success Academy Charter Schools - Nyc: 9 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 Success Academy Charter Schools - Nyc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Success Academy Charter Schools - Nyc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide children in nyc with a high quality education that gives them the knowledge, skills, character & disposition to meet & exceed nys standards & the resources to succeed.
What they do
Special education - special education is the program of education that a subset group of children should receive to provide additional services, support, programs, specialized placements or environments to ensure that all students' educational needs are provided for.
Contact & location
- Address
- 95 Pine Street 6th Floor, New York, NY, 10005
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $65.3M (FY2013) to $452.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $66.7MNet assets $294.5M
Operating margin
12.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$361.1M
Total liabilities
$66.7M
Net assets
$294.5M
Salaries & benefits
$199.8M
50% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $452,629,748▲8.4% | $396,032,324▲12.2% | $294,452,929▲23.8% | $361,127,629▲18.1% | 990 |
| 2022 | $417,566,607▲4.6% | $353,023,946▲3.1% | $237,860,746▲36.8% | $305,843,725▲44.0% | 990 |
| 2021 | $399,222,854▲2.1% | $342,262,454▲6.1% | $173,876,902▲43.4% | $212,407,315▲38.6% | 990 |
| 2020 | $391,023,772▲17.5% | $322,649,810▲7.7% | $121,240,805▲117% | $153,203,967▲74.9% | 990 |
| 2019 | $332,804,381▲11.9% | $299,646,803▲4.7% | $55,894,394▲146% | $87,603,548▲16.9% | 990 |
| 2018 | $297,337,868▲12.7% | $286,294,830▲4.7% | $22,736,816▲94.4% | $74,914,075▲3.4% | 990 |
| 2017 | $263,945,653▲16.0% | $273,422,216▲20.7% | $11,693,778▼44.8% | $72,476,188▲10.0% | 990 |
| 2016 | $227,531,280▲26.4% | $226,553,830▲23.9% | $21,170,341▲4.8% | $65,871,158▲14.7% | 990 |
| 2015 | $179,972,521▲25.1% | $182,795,708▲27.1% | $20,192,891▼12.3% | $57,426,916▲38.0% | 990 |
| 2014 | $143,892,645▲120% | $143,802,493▲113% | $23,015,658▲27.4% | $41,613,824▲68.0% | 990 |
| 2013 | $65,334,145 | $67,418,002▲80.8% | $18,065,645▼10.3% | $24,764,028▲2.9% | 990 |
| 2012 | — | $37,281,365▲413% | $20,149,502▲317% | $24,061,704▲370% | 990 |
| 2011 | — | $7,263,874▲28.1% | $4,836,762▲82.9% | $5,118,450▲68.4% | 990 |
| 2010 | — | $5,672,679▲71.7% | $2,643,817▲98.0% | $3,038,791▲82.4% | 990 |
| 2009 | — | $3,304,599 | $1,335,108 | $1,665,997 | 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: William Abbott — $232,910 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Abbott | Principal - Sa Hell's Kitchen | 55 | $232,910 |
| Daniel Rojas | Principal - Sa Liberal Arts Hs | 55 | $230,134 |
| Bianca Rosa-aviles | Senior Leader - Bronx 2 | 55 | $193,693 |
| Rachel Keane | Sr Leader - Sa Liberal Arts Hs | 55 | $180,809 |
| Samantha Lalli | Principal - Sa Springfield | 55 | $171,085 |
| Aaron Kinnari | Board Member | 1 | — |
| Derrell Bradford | Board Member | 1 | — |
| Edwin Cespedes | Board Member (as of 07/23) | 1 | — |
| Kamilah Mitchell-thomas | Board Member | 1 | — |
| Lizette St Hilaire | Board Member | 1 | — |
| Lorenzo Smith | Chairman | 2 | — |
| Ramin Beheshti | Board Member | 1 | — |
| Regina Krumholz | Board Member (as of 12/23) | 1 | — |
| Ripan Kadakia | Board Member | 1 | — |
| Robin Pzena | Board Member | 1 | — |
| Samuel Cole | Board Member | 1 | — |
| Scott Friedman | Vice Chair/treasurer | 2 | — |
| Shabbir Ahmed | Chief Financial Officer | 10 | — |
| Suleman Lunat | Secretary | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Clune Construction Company LP | Construction | $3,430,604 |
| Wesbuilt Construction Managers LLC | Construction | $1,699,265 |
| Decent Xposure LLC | Media Marketing | $717,147 |
| Fifth Meridian Travel LLC | Transportation | $450,280 |
| Kastle New York LLC | Technology | $341,881 |
Grants received · $36.4M total
19 grants to Success Academy Charter Schools - Nyc totaling $36.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| 50can Inc | To support summer boost | 2024 | $1,744,577 |
| Success Academy Charter Schools Inc | Expansion/ | 2023 | $3,921,893 |
| 50can Inc | To support summer boost | 2023 | $2,659,027 |
| Donor Advised Charitable Giving | Education | 2023 | $22,500 |
| Success Academy Charter Schools Inc | Expansion/ | 2022 | $3,827,960 |
| Success Academy Charter Schools Inc | Expansion/ | 2021 | $592,028 |
| Donor Advised Charitable Giving | Education | 2021 | $32,550 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2021 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,550 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,550 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $10,000 |
| Success Academy Charter Schools Inc | Expansion/ | 2020 | $1,795,374 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $15,600 |
| Success Academy Charter Schools Inc | Expansion/ | 2019 | $1,624,918 |
| Success Academy Charter Schools Inc | Expansion/ | 2018 | $2,172,683 |
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Compare Success Academy Charter Schools - Nyc
Frequently asked questions
- Is Success Academy Charter Schools - Nyc a legitimate nonprofit?
- Yes. Success Academy Charter Schools - Nyc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4629540, based in New York, New York. Donations are tax-deductible.
- What is Success Academy Charter Schools - Nyc's EIN?
- Success Academy Charter Schools - Nyc's Employer Identification Number (EIN) is 36-4629540.
- How much revenue does Success Academy Charter Schools - Nyc report?
- Success Academy Charter Schools - Nyc reported $452,629,748 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Success Academy Charter Schools - Nyc's spending goes to programs?
- Success Academy Charter Schools - Nyc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Success Academy Charter Schools - Nyc have?
- CharityIndex grades Success Academy Charter Schools - Nyc A, based on program efficiency and fundraising cost.
- How much does Success Academy Charter Schools - Nyc's highest-paid employee make?
- The highest reported compensation on Success Academy Charter Schools - Nyc's latest Form 990 is $232,910, paid to William Abbott (Principal - Sa Hell's Kitchen).
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Data for Success Academy Charter Schools - Nyc (EIN 36-4629540) 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.