HARBOR SCIENCE AND ARTS CHARTER SCHOOL

EIN: 134121591 501(c)(3) Education

NEW YORK, NY

Total Revenue
$4,385,176
Total Expenses
$4,893,568
Total Assets
$3,310,264
Net Assets
$403,112
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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
2000
Legal Domicile
NY
Principal Officer
PIERRE HUNTE
Phone
9172612700
Tax Period
2022-07-01 to 2023-06-30

HARBOR SCIENCE AND ARTS CHARTER SCHOOL, founded in 2000, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. Expenses of $4.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE ORGANIZATION, A NYS CHARTER SCHOOL, EMPHASIZES IN ITS CURRICULUM SCIENCE AND ARTS EDUCATION AND IS MANDATED TO PROVIDE STUDENTS WITH QUALITY EDUCATION IN A SAFE AND SUPPORTIVE ENVIRONMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $420,996
Program Service Revenue $3,964,180
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,385,176

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,446,627
Fundraising Expenses $0
Program Expenses $4,118,068
Other Expenses $1,446,941
TOTAL EXPENSES $4,893,568

Year-over-Year Comparison

2022 2021 Change
Revenue $4,385,176 $5,340,062 -0.2%
Expenses $4,893,568 $5,082,326 0.0%
Net Income $-508,392 $257,736 -3.0%
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
9
Independent Members
8
Employees
59
Volunteers
9

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
$133,854
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALVIN PATRICK VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
PHILIP SALMON CHAIRMAN 1.00
Officer Director
$0 $0 $0
RICHARD ASCHE TRUSTEE 1.00
Director
$0 $0 $0
LISA STENSON DESAMOURS TREASURER/FINANCE CHAIR 1.00
Officer Director
$0 $0 $0
SUSAN ETESS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT NORTH DDS SECRETARY 1.00
Officer Director
$0 $0 $0
JOANNE HUNT TRUSTEE 1.00
Director
$0 $0 $0
ARIELLE PATRICK TRUSTEE 1.00
Director
$0 $0 $0
OLIVIA NELSON TRUSTEE 1.00
Director
$0 $0 $0
PIERRE HUNT INTERIM PRINCIPAL 50.00
Officer
$116,301 $17,553 $133,854
ATIYA BAILEY ACADEMIC DEAN 50.00
Highest
$126,098 $19,834 $145,932
MARK JOHNSON GRADES 7/8 MATH LEAD TEACHER 50.00
Highest
$104,381 $19,834 $124,215
NICHOLE GAGNON INTERIM ACTING ASST, PRINCIPAL 50.00
Highest
$103,924 $9,917 $113,841
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 No data No data No data No data
2024 No data No data No data No data
2023 $4,385,176 $4,893,568 $3,310,264 $-508,392
2022 $5,340,062 $5,082,326 $1,629,886 $257,736
2021 $4,312,728 $4,155,250 $1,837,752 $157,478
2020 $4,431,073 $4,164,576 $1,379,639 $266,497
2019 $4,592,615 $4,557,909 $759,940 $34,706
2018 $4,144,217 $4,305,341 $719,921 $-161,124
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