MANHATTAN STAR ACADEMY

EIN: 134069634 501(c)(3) Education

NEW YORK, NY

Total Revenue
$19,523,412
Total Expenses
$18,966,506
Total Assets
$28,196,482
Net Assets
$10,026,648
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
GARY MILCHMAN
Phone
2125637474
Tax Period
2024-07-01 to 2025-06-30

MANHATTAN STAR ACADEMY, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $19.5M in total revenue in fiscal year 2024.

Mission

THE MANHATTAN STAR ACADEMY ("MSA") OFFERS A CONTINUUM OF CARE FOR SCHOOL-AGE CHILDREN WITH A DIVERSE RANGE OF DIAGNOSES, INCLUDING GLOBAL DEVELOPMENTAL DELAYS, AUTISM SPECTRUM DISORDERS AND SPEECH AND LANGUAGE DISORDERS. MSA OFFERS A DYNAMIC SCHOOL ENVIRONMENT THAT ENCOURAGES STUDENTS TO BUILD ON EACH OTHER'S STRENGTHS AND TO LEARN FROM ONE ANOTHER

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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 $96,366
Program Service Revenue $19,411,201
Investment Income $0
Other Revenue $15,845
TOTAL REVENUE $19,523,412

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,727,065
Fundraising Expenses $32,034
Program Expenses $16,028,377
Other Expenses $7,239,441
TOTAL EXPENSES $18,966,506

Year-over-Year Comparison

2024 2023 Change
Revenue $19,523,412 $19,015,093 +0.0%
Expenses $18,966,506 $17,072,880 +0.1%
Net Income $556,906 $1,942,213 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
308
Volunteers
3

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
7
$1,962,747
Total Directors
5
$1,101,673
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANAND SHAH SECRETARY/GENERAL COUNSEL 1.00
Officer Director
$0 $35,900 $336,253
JOAN ROSENBERG VICE CHAIR 1.00
Officer Director
$0 $0 $0
KEVIN CAREY TREASURER/CEO OF YAI (DECEASED) 8.00
Officer Director
$0 $210,834 $765,420
STACY STOSIC PRESIDENT & CHAIR 1.00
Officer Director
$0 $0 $0
TARA GENSLER TRUSTEE 1.00
Director
$0 $0 $0
GARY MILCHMAN ACTING CEO OF YAI 40.00
Officer
$0 $42,955 $284,945
RAE EISDORFER EXEC. DIR. OF EDUCATION 40.00
Officer
$243,479 $68,068 $311,547
VANDA ANGELILO ACTING CFO OF YAI 8.00
Officer
$0 $31,276 $264,582
KEVIN MCMANAWAY DIR. OF ED. SERV. (OUTGOING) 40.00
Highest
$160,501 $11,463 $171,964
PHOEBE JOY SUN DIR. NURSING & EDUCATION 40.00
Highest
$131,575 $5,183 $136,758
STEPHANIE FERREIRA DIR. OF ED. SERV. 40.00
Highest
$120,025 $6,629 $126,654
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 $19,523,412 $18,966,506 $28,196,482 $556,906
2024 No data No data No data No data
2023 $17,426,058 $15,500,579 $31,738,886 $1,925,479
2022 $16,510,219 $13,686,861 $32,376,863 $2,823,358
2021 $13,124,077 $12,517,510 $31,322,635 $606,567
2020 $11,118,358 $10,462,719 $9,041,025 $655,639
2019 $7,888,406 $7,019,826 $5,249,340 $868,580
2018 $6,556,147 $5,843,755 $3,957,353 $712,392
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