STATEN ISLAND ACADEMY

EIN: 135600423 501(c)(3) Education

STATEN ISLAND, NY

Total Revenue
$16,351,886
Total Expenses
$15,470,160
Total Assets
$26,880,526
Net Assets
$20,626,616
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Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
NY
Principal Officer
EILEEN CORIGLIANO
Phone
7189878100
Tax Period
2022-07-01 to 2023-06-30

STATEN ISLAND ACADEMY, founded in 1908, is a mid-sized nonprofit in the Education sector that reported $16.4M in total revenue in fiscal year 2022. Expenses of $15.5M left a modest 5% surplus.

Mission

THE MISSION OF STATEN ISLAND ACADEMY'S PATRICK ACADEMIC RESOURCE CENTER (PARC) IS TO SUPPORT OUR LEARNING COMMUNITY-AT-LARGE BY ENSURING THAT ALL STUDENTS ARE ASSISTED IN PURSUIT OF THEIR GOALS OF INTELLECTUAL CHALLENGE, ACADEMIC INDEPENDENCE AND TO BECOME LIFELONG LEARNERS.

Program Service Accomplishments

Program 1
Expenses: $11,351,110 Revenue: $12,642,937

EDUCATIONAL PROGRAM - SIA PROVIDES A COMPREHENSIVE COLLEGE PREPARATORY PROGRAM TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH 12. IN ADDITION TO EXTENSIVE ACADEMIC OFFERINGS RANGING FROM LATIN TO...

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EDUCATIONAL PROGRAM - SIA PROVIDES A COMPREHENSIVE COLLEGE PREPARATORY PROGRAM TO STUDENTS IN GRADES PRE-KINDERGARTEN THROUGH 12. IN ADDITION TO EXTENSIVE ACADEMIC OFFERINGS RANGING FROM LATIN TO CALCULUS, THE PROGRAM INCLUDES EXTRACURRICULAR ACTIVITIES SUCH AS ATHLETICS, CLUBS, OVERNIGHT TRIPS, AND BEFORE AND AFTER SCHOOL CHILD CARE. THE PATRICK ACADEMIC RESOURCE CENTER (PARC) WAS LAUNCHED IN SEPTEMBER 2013. IT IS A CUSTOM-DESIGNED, FULLY EQUIPPED RESOURCE CENTER STAFFED BY 2 FULL-TIME LEARNING SPECIALISTS. IT SUPPORTS AND REFLECTS AWARENESS OF DIVERSELEARNING STYLES SERVING STUDENTS FROM PRE-K THROUGH GRADE 12.

Program 2
Expenses: $589,512 Revenue: $1,536,813

SUMMER PROGRAM - SIA OFFERS ACADEMIC ENRICHMENT OPPORTUNITIES IN THE TALENTED AND GIFTED PROGRAM. OUR GENERAL SUMMER PROGRAM RUNS FROM LATE JUNE THROUGH LATE AUGUST AND SERVES CHILDREN AGES 3-15. THE...

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SUMMER PROGRAM - SIA OFFERS ACADEMIC ENRICHMENT OPPORTUNITIES IN THE TALENTED AND GIFTED PROGRAM. OUR GENERAL SUMMER PROGRAM RUNS FROM LATE JUNE THROUGH LATE AUGUST AND SERVES CHILDREN AGES 3-15. THE SUMMER PROGRAM INCLUDES HEALTH, FITNESS, SCIENCE, MATH, WRITING, COMPUTERS, AND RECREATION.

Program 3
Expenses: $65,408 Revenue: $42,997

AFTER SCHOOL PROGRAM - SIA OFFERS AN EXTENDED DAY PROGRAM FOR STUDENTS IN PRE-K THROUGH GRADE 8 BEFORE AND AFTER THE REGULAR SCHOOL DAY. STUDENTS MAY ALSO REGISTER FOR ADVENTURES SESSIONS FOR A FEE...

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AFTER SCHOOL PROGRAM - SIA OFFERS AN EXTENDED DAY PROGRAM FOR STUDENTS IN PRE-K THROUGH GRADE 8 BEFORE AND AFTER THE REGULAR SCHOOL DAY. STUDENTS MAY ALSO REGISTER FOR ADVENTURES SESSIONS FOR A FEE. THE PROGRAMS PROVIDE AFTER SCHOOL CARE, HOMEWORK HELP, ENRICHMENT, AND RECREATIONAL CLASSES AFTER THE REGULAR SCHOOL DAY.

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,740,722
Program Service Revenue $14,222,747
Investment Income $134,314
Other Revenue $254,103
TOTAL REVENUE $16,351,886

Expense Breakdown

Grants Paid $2,853,058
Salaries & Benefits $9,192,013
Fundraising Expenses $354,475
Program Expenses $12,006,030
Other Expenses $3,425,089
TOTAL EXPENSES $15,470,160

Year-over-Year Comparison

2022 2021 Change
Revenue $16,351,886 $17,015,618 0.0%
Expenses $15,470,160 $14,891,440 +0.0%
Net Income $881,726 $2,124,178 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
13
Employees
218
Volunteers
250

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
$379,003
Total Directors
18
$62,644
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH PUMA PRESIDENT 1.00
Officer Director
$0 $0 $0
JULIO VINCENT GAMBUTO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BHARATH SITHIAN TREASURER 1.00
Officer Director
$0 $0 $0
LORENZO ANSUINI SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT ANNICHARICO TRUSTEE 1.00
Director
$0 $0 $0
VICTOR P AVIS TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH BIFULCO TRUSTEE 1.00
Director
$0 $0 $0
JOAN CUSACK TRUSTEE 1.00
Director
$0 $0 $0
ERIC DELACRUZ TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY C HARRISON TRUSTEE 1.00
Director
$0 $0 $0
ANITA W LAREMONT TRUSTEE 1.00
Director
$0 $0 $0
DENISE ROSSILLI TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE SAVINO TRUSTEE/TEACHER 41.00
Director
$59,240 $3,404 $62,644
FRANK SCARANGELLO TRUSTEE 1.00
Director
$0 $0 $0
ANGELA ARDOLIC TRUSTEE 1.00
Director
$0 $0 $0
ALLISON FACTOR TRUSTEE 1.00
Director
$0 $0 $0
CORA MUNDY TRUSTEE 1.00
Director
$0 $0 $0
MARCELLO SCIARRINO TRUSTEE 1.00
Director
$0 $0 $0
EILEEN CORIGLIANO HEAD OF SCHOOL 40.00
Officer
$322,084 $56,919 $379,003
DAVID GORDON DIRECTOR OF PARC 40.00
Highest
$116,721 $7,267 $123,988
CAROLINE CRANE DIRECTOR OF ADMISSIONS 40.00
Highest
$123,020 $23,056 $146,076
FRANK CRANE HEAD OF UPPER SCHOOL 40.00
Highest
$126,290 $48,674 $174,964
LEA PRENDERGAST DIRECTOR OF LOWER SCHOOL 40.00
Highest
$117,395 $6,046 $123,441
ARTHUR GRINEV DIRECTOR OF IT 40.00
Highest
$153,713 $65,534 $219,247
ALBERT CAUZ FORMER HEAD OF SCHOOL 0.00
$444,855 $87,735 $532,590
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 $16,351,886 $15,470,160 $26,880,526 $881,726
2022 $17,015,618 $14,891,440 $26,517,766 $2,124,178
2022 $17,021,071 $14,881,341 $26,516,077 $2,139,730
2021 $12,400,020 $13,104,461 $27,282,336 $-704,441
2021 $12,340,572 $13,301,120 $26,680,386 $-960,548
2020 $13,706,512 $13,363,690 $35,451,174 $342,822
2019 $14,910,360 $13,102,228 $25,342,584 $1,808,132
2018 $17,105,909 $14,025,243 $23,432,832 $3,080,666
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