OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS

EIN: 113602805 501(c)(3) Education

ASTORIA, NY

Total Revenue
$34,955,154
Total Expenses
$37,750,219
Total Assets
$130,879,888
Net Assets
$-4,913,827
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
BRIAN FERGUSON
Phone
7183923405
Tax Period
2024-07-01 to 2025-06-30

OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $35.0M in total revenue in fiscal year 2024.

Mission

OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS (OWNCS) WAS ORGANIZED TO INCREASE LEARNING OPPORTUNITIES FOR STUDENTS THROUGH INNOVATIVE EDUCATIONAL PROGRAMS AND TO ENABLE PARENTS TO BE MORE INVOLVED IN THEIR CHILDREN'S EDUCATION. IN FISCAL YEAR 2025, OUR WORLD NEIGHBORHOOD CHARTER SCHOOL OPERATED CLASSES FOR APPROXIMATELY 1370 STUDENTS IN GRADES K-8.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,988,199
Program Service Revenue $31,966,896
Investment Income $59
Other Revenue $0
TOTAL REVENUE $34,955,154

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,782,133
Fundraising Expenses $142,348
Program Expenses $32,056,660
Other Expenses $15,968,086
TOTAL EXPENSES $37,750,219

Year-over-Year Comparison

2024 2023 Change
Revenue $34,955,154 $32,882,227 +0.1%
Expenses $37,750,219 $35,731,185 +0.1%
Net Income $-2,795,065 $-2,848,958 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
7
Independent Members
7
Employees
239
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$312,140
Total Directors
7
$0
Key Employees
2
$451,356
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEANETTE BETANCOURT CHAIR 2.00
Officer Director
$0 $0 $0
LIZ FERNANDEZ TRUSTEE 2.00
Director
$0 $0 $0
RICHARD BOGLE TRUSTEE 2.00
Director
$0 $0 $0
MELISSA CHIN VICE CHAIR 2.00
Officer Director
$0 $0 $0
OLUBUNMI EMIGILI TREASURER 2.00
Officer Director
$0 $0 $0
KALIMAH AYELE TRUSTEE 2.00
Director
$0 $0 $0
MAURA FITZGERALD SECRETARY 2.00
Officer Director
$0 $0 $0
BRIAN FERGUSON CHIEF EXECUTIVE OFFICER 40.00
Officer
$275,648 $36,492 $312,140
RICHARD LEE CHIEF ACADEMIC OFFICER 40.00
Key Emp
$207,163 $34,865 $242,028
DOUGLAS RICKETTS CHIEF OPERATING OFFICER 40.00
Key Emp
$188,076 $21,252 $209,328
MARK CRUSANTE DIRECTOR OF EXTERNAL AFFAIRS 40.00
Highest
$167,714 $26,442 $194,156
MARIA DHESI PRINCIPAL - RESIGNED 11/2024 40.00
Highest
$153,946 $17,389 $171,335
VERONICA POLANCO ASSISTANT PRINCIPAL 40.00
Highest
$153,314 $22,205 $175,519
ANITA ANGRUM PRINCIPAL 40.00
Highest
$158,309 $23,433 $181,742
TIFFANY MCAFEE PRINCIPAL 40.00
Highest
$155,452 $28,774 $184,226
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $34,955,154 $37,750,219 $130,879,888 $-2,795,065
2024 $32,882,227 $35,731,185 $133,502,219 $-2,848,958
2023 $27,586,471 $29,292,219 $52,533,951 $-1,705,748
2022 $24,829,362 $23,862,624 $7,702,129 $966,738
2021 $19,394,981 $19,400,378 $8,035,800 $-5,397
2019 $15,567,418 $16,680,795 $5,019,150 $-1,113,377
2018 $12,908,769 $12,359,861 $4,743,932 $548,908
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