NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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)| 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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Compare PARTNERSHIP FOR INNER CITY EDUCATION DBA PARTNERSHIP SCHOOLS with other nonprofits in New York and across the country.