French-American School of New York

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Phone

9142500000

Tax Period

2024-07-01 to 2025-06-30

French-American School of New York, founded in 1980, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $34.5M in total revenue in fiscal year 2024. Expenses of $32.7M left a modest 5% surplus.

Mission

FASNY DEVELOPS GLOBALLY LITERATE, MULTICULTURAL LIFELONG LEARNERS THROUGH A UNIQUE PROGRAM THAT INTEGRATES FRENCH, AMERICAN AND INTERNATIONAL CURRICULA. THEY EDUCATE STUDENTS TO UNDERSTAND, CONTRIBUTE TO AND THRIVE IN AN INTERDEPENDENT WORLD. FASNY HOLDS ITS STUDENTS TO THE HIGHEST STANDARDS OF ACADEMIC EXCELLENCE, SUPPORTS THEM IN THEIR PERSONAL DEVELOPMENT AND FOSTERS A SPIRIT OF INQUIRY, SERVICE, AND SOCIAL RESPONSIBILITY TO THE ENVIRONMENT AND THE GLOBAL COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $26,033,027 Revenue: $32,096,412

THE FRENCH AMERICAN SCHOOL OF NEW YORK PROVIDES A CONTINUOUS, BILINGUAL, EDUCATION PROGRAM FOR BOYS AND GIRLS FROM NURSERY THROUGH TWELFTH GRADE. THE SCHOOL PROVIDED EDUCATION TO 760 STUDENTS IN...

THE FRENCH AMERICAN SCHOOL OF NEW YORK PROVIDES A CONTINUOUS, BILINGUAL, EDUCATION PROGRAM FOR BOYS AND GIRLS FROM NURSERY THROUGH TWELFTH GRADE. THE SCHOOL PROVIDED EDUCATION TO 760 STUDENTS IN FISCAL YEAR 2025.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,056,737

Program Service Revenue $32,096,412

Investment Income $1,178,972

Other Revenue $135,009

TOTAL REVENUE $34,467,130

Expense Breakdown

Grants Paid $3,035,780

Salaries & Benefits $22,294,285

Fundraising Expenses $682,398

Program Expenses $26,033,027

Other Expenses $7,387,393

TOTAL EXPENSES $32,717,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$34,467,130	$32,294,883	+0.1%
Expenses	$32,717,458	$31,503,929	+0.0%
Net Income	$1,749,672	$790,954	+1.2%

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

Governance

Voting Members

Independent Members

Employees

257

Volunteers

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

$949,791

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINE DURLAND	VICE CHAIR	1.0	Officer Director	$0	$0	$0
GUILLERMO PESCHARD MIJARES	TREASURER	1.0	Officer Director	$0	$0	$0
JEAN-FRANCOIS BESSIN	CHAIR	1.0	Officer Director	$0	$0	$0
SAKINA OUEDRAOGO TALL	SECRETARY	1.0	Officer Director	$0	$0	$0
AARON BERLOW	TRUSTEE	1.0	Director	$0	$0	$0
ABIOLA SADIQ	TRUSTEE	1.0	Director	$0	$0	$0
ANNY VANEGAS	TRUSTEE	1.0	Director	$0	$0	$0
CLEMENCE DELCOURT	TRUSTEE	1.0	Director	$0	$0	$0
DOROTHEE ASHBY	Trustee	1.0	Director	$0	$0	$0
JEAN-MARC JUHEL	TRUSTEE	1.0	Director	$0	$0	$0
JOUMANA KARNABY	TRUSTEE	1.0	Director	$0	$0	$0
KURT KEMPKES	TRUSTEE	1.0	Director	$0	$0	$0
NATHALIE DUTANG	TRUSTEE	1.0	Director	$0	$0	$0
PAUL POZIUMSCHI	Trustee	1.0	Director	$0	$0	$0
RIAD MEDDEB	TRUSTEE	1.0	Director	$0	$0	$0
SHERRI SNELSON	TRUSTEE	1.0	Director	$0	$0	$0
VANESSA CROSBIE	TRUSTEE	1.0	Director	$0	$0	$0
FRANCIS GIANNI	HEAD OF SCHOOL	40.0	Officer	$491,485	$48,251	$539,736
PASCALE TOOTH	DIR OF FINANCE & OPERATIONS	40.0	Officer	$314,215	$95,840	$410,055
CHARLES GRENON	HEAD OF ELEMENTARY & PRESCHOOL	40.0	Highest	$179,354	$119,546	$298,900
DAVID ELLINGHAUS	TEACHER	40.0	Highest	$175,431	$29,937	$205,368
Dawn Callahan	HEAD OF Middle SCHOOL	40.0	Highest	$197,450	$24,187	$221,637
KRISTINE VON OGDEN	ASSISTANT HEAD OF SCHOOL	40.0	Highest	$182,386	$49,130	$231,516
LISA FUSCO	DIRECTOR OF TECHNOLOGY	40.0	Highest	$169,414	$24,768	$194,182

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	$34,467,130	$32,717,458	$54,802,894	$1,749,672
2024	No data	No data	No data	No data
2023	$30,861,530	$28,828,967	$46,478,673	$2,032,563
2022	$37,449,924	$25,774,692	$36,719,138	$11,675,232
2021	$25,464,765	$24,212,043	$31,178,654	$1,252,722
2020	$27,296,930	$25,099,047	$38,744,917	$2,197,883
2019	$26,738,996	$25,875,971	$38,002,080	$863,025
2018	$27,557,064	$26,658,070	$38,069,360	$898,994