The Academy Charter School
76% goes to programs $12 to raise $100 Growing revenue
The Academy Charter School is a 501(c)(3) organization based in Hempstead, New York, registered in 2010, with $87,814,282 in FY2023 revenue. CharityIndex grades it B, and it directs about 76% of spending to programs.
117 N Franklin St, Hempstead, NY, 11550 EIN 80-0353508 Since 2010
Revenue (FY2023)
$87.8M
▲ 5.0% vs prior year
Education median: $200K
Expenses (FY2023)
$86.5M
Net assets
$13.8M
Employees
744
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating76% to programs · $12 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 The Academy Charter School: 76% to programs · $12 to raise $100 earns a C+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +1% 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 The Academy Charter School: 2 mo reserves · +1% margin earns a B 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 The Academy Charter School: 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 The Academy Charter School: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Create world class competitive scholars who will learn today, lead tomorrow, and serve in the future.to graduate students with the content mastery and life skills needed to move into the top five percent of their middle and high school classes.to accomplish this, the academy charter school offers an exceptional interdisciplinary curriculum in a technology-rich environment that challenges students to explore connections across subjects and use experiential learning to bridge the gaps between theory and practice.our philosophy:core mastery, character development, and community awarenessour school will improve student academic achievement by focusing on three important areas of our childrens growth that will enable them to be empowered adults: mastery of academic subjects, an intensive focus on character development, and fostering a lifelong behavior of giving back to their community.
Contact & location
- Address
- 117 N Franklin St, Hempstead, NY, 11550
- City
- Hempstead
- State
- New York
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $9.4M (FY2013) to $87.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $177.5MNet assets $13.8M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$191.3M
Total liabilities
$177.5M
Net assets
$13.8M
Salaries & benefits
$51.1M
59% of expenses
Board members
10
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $87,814,282▲5.0% | $86,535,146▲10.6% | $13,766,169▲10.2% | $191,257,616▼1.1% | 990 |
| 2022 | $83,623,145▲23.7% | $78,269,453▲14.3% | $12,487,033▲75.1% | $193,310,411▲6.7% | 990 |
| 2021 | $67,589,131▲24.4% | $68,465,392▲34.3% | $7,133,341▼10.9% | $181,210,235▼0.1% | 990 |
| 2020 | $54,353,660▲28.7% | $50,966,280▲23.1% | $8,009,602▲73.3% | $181,369,373▲81.9% | 990 |
| 2019 | $42,238,674▲23.4% | $41,397,362▲28.0% | $4,622,222▲22.3% | $99,731,465▲4.1% | 990 |
| 2018 | $34,222,367▲58.2% | $32,336,477▲47.0% | $3,780,910▲99.5% | $95,762,158▲4.3% | 990 |
| 2017 | $21,637,638▲14.0% | $21,997,467▲26.1% | $1,895,020▼16.0% | $91,782,706▲211% | 990 |
| 2016 | $18,980,682▲22.6% | $17,443,013▲13.9% | $2,254,849▲214% | $29,542,118▲7.3% | 990 |
| 2015 | $15,481,332▲16.4% | $15,312,963▲9.2% | $717,180▲30.7% | $27,536,260▼3.4% | 990 |
| 2014 | $13,295,307▲41.0% | $14,017,983▲55.1% | $548,811▼56.9% | $28,511,738▲6.4% | 990 |
| 2013 | $9,431,527 | $9,039,697▲19.1% | $1,273,301▲44.5% | $26,798,539▲116% | 990 |
| 2012 | — | $7,592,965▲10.3% | $881,471▲45.7% | $12,385,841▲3.1% | 990 |
| 2011 | — | $6,885,785▲65.2% | $605,174▼38.8% | $12,015,795▼1.9% | 990 |
| 2010 | — | $4,169,079▲37.0% | $989,511▲96.1% | $12,249,088▲1425% | 990 |
| 2009 | — | $3,042,932 | $504,543 | $803,023 | 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: Dr Nicholas Stapleton — $346,450 (0.40% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Nicholas Stapleton | Cao | 40 | $346,450 |
| Alwayne Burke | Group Cfo | 40 | $279,812 |
| Bishop Barrington Goldson | Ceo | 40 | $277,262 |
| Wayne Haughton | Ed/cdo | 40 | $274,873 |
| Sandrea Oneil | General Counsel | 40 | $268,937 |
| Donovan Henry | Cfo | 40 | $209,866 |
| Donna Douglas | Sr. Dir of Ops | 40 | $193,852 |
| Oddette Williams | Deputy Chief Acade | 40 | $191,674 |
| Juliann Harris | Dep Cheif Academic | 40 | $170,733 |
| Paula Morris | Chief Inst. Tech & | 40 | $170,613 |
| Travis Holloway | Principal | 40 | $159,156 |
| Stephen Rowley | Trustee | 40 | $28,840 |
| Carol Beckles | Trustee | 1 | — |
| Claudette Harrison | Trustee | 1 | — |
| Dale James | Treasurer | 1 | — |
| Dawn West | Vice Chair | 1 | — |
| Dorothy Burton | Trustee | 1 | — |
| Dr Roger Ball | Trustee | 1 | — |
| Marie Graham | Trustee | 1 | — |
| Robert Stewart | Board Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ral Snow Removal & Landscaping LLC | Property Maintenance | $809,017 |
| Lambert Painting & Renovations LLC | Facility Maintenance | $613,760 |
| Sjr Security Consultants LLC | Security | $195,479 |
| All Delivery Service | Transportation Services | $184,699 |
| David Lauren Associates | Construction Services | $167,750 |
Grants received · $8.6M total
3 grants to The Academy Charter School totaling $8.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charter Fund Inc | Charter school capacity-building | 2024 | $1,557,358 |
| Project Lead the Way Inc | Program expansion | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,000,000 |
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Frequently asked questions
- Is The Academy Charter School a legitimate nonprofit?
- Yes. The Academy Charter School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 80-0353508, based in Hempstead, New York. Donations are tax-deductible.
- What is The Academy Charter School's EIN?
- The Academy Charter School's Employer Identification Number (EIN) is 80-0353508.
- How much revenue does The Academy Charter School report?
- The Academy Charter School reported $87,814,282 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The Academy Charter School's spending goes to programs?
- The Academy Charter School spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Academy Charter School have?
- CharityIndex grades The Academy Charter School B, based on program efficiency and fundraising cost.
- How much does The Academy Charter School's highest-paid employee make?
- The highest reported compensation on The Academy Charter School's latest Form 990 is $346,450, paid to Dr Nicholas Stapleton (Cao).
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Data for The Academy Charter School (EIN 80-0353508) 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.