PARTNERSHIP FOR INNER CITY EDUCATION DBA PARTNERSHIP SCHOOLS

EIN: 133976873 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$10,913,733
Total Expenses
$22,108,359
Total Assets
$35,477,430
Net Assets
$33,855,773
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
KRISTEN GENGARO
Phone
2123711011
Tax Period
2023-09-01 to 2024-08-31

PARTNERSHIP FOR INNER CITY EDUCATION DBA PARTNERSHIP SCHOOLS, founded in 1997, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.9M in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $22.1M exceeded revenue, resulting in a 103% operating deficit.

Mission

The mission of Partnership Schools is to develop outstanding Catholic elementary schools that provide students with the academic preparation, values, and skills they need to lead fulfilling, productive lives. The Partnership supports its seven schools of the Archdiocese of New York in four main areas: needs-based tuition scholarships; programmatic and operational support; administrative, educational and operational services; and capital repair grants. The Partnership was created to provide a stable and longer-term source of support for schools serving high percentages of families experiencing poverty, and is operated independently from the Archdiocese of New York. The Partnership also provided support to four schools in the Diocese of Cleveland.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,813,146
Program Service Revenue $266,273
Investment Income $1,833,694
Other Revenue $620
TOTAL REVENUE $10,913,733

Expense Breakdown

Grants Paid $13,603,236
Salaries & Benefits $5,632,430
Fundraising Expenses $1,795,151
Program Expenses $18,631,305
Other Expenses $2,872,693
TOTAL EXPENSES $22,108,359

Year-over-Year Comparison

2023 2022 Change
Revenue $10,913,733 $27,493,684 -0.6%
Expenses $22,108,359 $24,414,681 -0.1%
Net Income $-11,194,626 $3,079,003 -4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
30
Independent Members
30
Employees
41
Volunteers
53

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
$160,952
Total Directors
30
$0
Key Employees
2
$683,725
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Russell L Carson Chairman 1.00
Officer Director
$0 $0 $0
Amy M Stevens President 1.00
Officer Director
$0 $0 $0
Donald J Herdrich Treasurer 1.00
Officer Director
$0 $0 $0
Clemence Von Mueffling Trustee 1.00
Director
$0 $0 $0
Fr Donald P Oleksiak Trustee 1.00
Director
$0 $0 $0
Peter T Grauer Trustee 1.00
Director
$0 $0 $0
Bonnie B Himmelman Trustee 1.00
Director
$0 $0 $0
Helen Lowe Trustee 1.00
Director
$0 $0 $0
Jane B O'Connell Secretary 1.00
Officer Director
$0 $0 $0
Thomas C Quick Trustee 1.00
Director
$0 $0 $0
Most Reverend Timothy M Dolan Trustee 1.00
Director
$0 $0 $0
Frank O'Linn Trustee 1.00
Director
$0 $0 $0
Nancy R Wall Trustee 1.00
Director
$0 $0 $0
Peter Maulik Trustee 1.00
Director
$0 $0 $0
Charles P Durkin Jr Trustee 1.00
Director
$0 $0 $0
Janine Hill Trustee 1.00
Director
$0 $0 $0
William Goodloe Trustee 1.00
Director
$0 $0 $0
Patricia Chadwick Trustee 1.00
Director
$0 $0 $0
Frank Porcelli Trustee 1.00
Director
$0 $0 $0
Brian Regan Trustee 1.00
Director
$0 $0 $0
Brendan Gallagher Trustee 1.00
Director
$0 $0 $0
Msgr Joseph LaMorte Trustee 1.00
Director
$0 $0 $0
John Cahill Trustee 1.00
Director
$0 $0 $0
Michael Deegan Trustee 1.00
Director
$0 $0 $0
Amandine Freidheim Trustee 1.00
Director
$0 $0 $0
Cecelia Greene Trustee 1.00
Director
$0 $0 $0
Jane Martinez Dowling Trustee 1.00
Director
$0 $0 $0
Karen Hamilton Trustee 1.00
Director
$0 $0 $0
Alicia Hammarskjold Trustee 1.00
Director
$0 $0 $0
Sr Mary Grace Walsh Trustee 1.00
Director
$0 $0 $0
Kristen Gengaro Executive Director 40.00
Officer
$154,810 $6,142 $160,952
Kathleen Porter-Magee Superintendent 40.00
Key Emp
$353,271 $43,436 $396,707
Kathleen Quirk Chief of Staff 40.00
Key Emp
$252,336 $34,682 $287,018
George Grenier Director of Facilities 40.00
Highest
$209,541 $24,537 $234,078
Christian Dallavis Assist Superintendent 40.00
Highest
$191,776 $12,278 $204,054
Maria Ventresca VP of Operations 40.00
Highest
$166,542 $20,217 $186,759
Molly Ann Smith Assist Superintendent 40.00
Highest
$186,729 $44,255 $230,984
Angela Larson CFO 40.00
Highest
$171,589 $23,967 $195,556
Jill Kafka Former Executive Director 40.00
$355,058 $43,182 $398,240
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
2024 $10,913,733 $22,108,359 $35,477,430 $-11,194,626
2023 $27,493,684 $24,414,681 $55,409,569 $3,079,003
2022 $17,376,919 $21,795,542 $51,759,837 $-4,418,623
2021 $24,282,663 $19,653,084 $64,379,139 $4,629,579
2020 $14,242,693 $15,925,818 $56,509,091 $-1,683,125
2018 $13,200,484 $13,870,240 $65,751,887 $-669,756
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PARTNERSHIP FOR INNER CITY EDUCATION DBA PARTNERSHIP SCHOOLS with other nonprofits in New York and across the country.