NEW HAVEN, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AMISTAD ACADEMY INC C/O ACHIEVEMENT FIRST INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $17.0M in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $18.9M exceeded revenue, resulting in a 11% operating deficit.
AMISTAD ACADEMY, INC. WAS INCORPORATED TO FOCUS ON STRENGTHENING 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 SCHOOL SERVES STUDENTS FROM LOW INCOME HOUSEHOLDS IN NEW HAVEN, CONNECTICUT. THE SCHOOL OPERATED CLASSES FOR STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $16,960,321 | $18,526,225 | -0.1% |
| Expenses | $18,889,916 | $19,110,138 | 0.0% |
| Net Income | $-1,929,595 | $-583,913 | +2.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ETHAN TYMINSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GAYATRI MEHTA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEN ALEXANDER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA DARKWAH | TEACHER REP | 1.00 |
Director
|
$51,556 | $10,135 | $61,691 |
| LORRAINE GIBBONS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICIA SWEET | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHANNELLE WHYTE | PARENT REP | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| YASHIRA AGOSTO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALICE LOWE | ACADEMIC DEAN | 40.00 |
Highest
|
$134,917 | $6,370 | $141,287 |
| LASHELL ROUNTREE | DIRECTOR OF OPERATIONS | 40.00 |
Highest
|
$155,428 | $21,586 | $177,014 |
| LAUREN RAIMONDI | PRINCIPAL | 40.00 |
Highest
|
$131,281 | $11,846 | $143,127 |
| ROSEANN M BASILE | PRINCIPAL | 40.00 |
Highest
|
$192,231 | $25,446 | $217,677 |
| SIMON OBAS | PRINCIPAL | 40.00 |
Highest
|
$198,719 | $6,812 | $205,531 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $16,960,321 | $18,889,916 | $31,346,028 | $-1,929,595 |
| 2022 | $18,526,225 | $19,110,138 | $35,740,749 | $-583,913 |
| 2021 | $16,961,980 | $16,946,420 | $35,461,697 | $15,560 |
| 2020 | $13,333,602 | $16,224,805 | $34,723,076 | $-2,891,203 |
| 2019 | $16,599,726 | $17,152,779 | $32,306,655 | $-553,053 |
| 2018 | $18,605,401 | $17,197,966 | $33,545,721 | $1,407,435 |
Compare AMISTAD ACADEMY INC C/O ACHIEVEMENT FIRST INC with other nonprofits in Connecticut and across the country.