PHAROS ACADEMY CHARTER SCHOOL

EIN: 201107218 501(c)(3) Education

BRONX, NY

Total Revenue
$16,013,233
Total Expenses
$16,003,175
Total Assets
$20,743,637
Net Assets
$8,508,940
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
JAVIER LOPEZ-MOLINA
Phone
6469150025
Tax Period
2024-07-01 to 2025-06-30

PHAROS ACADEMY CHARTER SCHOOL, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $16.0M in total revenue in fiscal year 2024.

Mission

PHAROS ACADEMY CHARTER SCHOOL IS A K-12 PUBLIC CHARTER SCHOOL LOCATED IN THE LONGWOOD SECTION OF THE BRONX, NY. OUR MISSION IS TO DEVELOP SCHOLARS WHO COMMUNICATE WELL, ARE INTELLECTUALLY CURIOUS, AND SOLVE PROBLEMS USING DIFFERENT APPROACHES. WE ARE UNAPOLOGETICALLY COMMITTED TO EDUCATING BRONX KIDS AND WILL STOP AT NOTHING TO CLOSE ALL URBAN-EDUCATION GAPS.

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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 $2,152,653
Program Service Revenue $13,726,792
Investment Income $133,788
Other Revenue $0
TOTAL REVENUE $16,013,233

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,754,379
Fundraising Expenses $0
Program Expenses $13,410,760
Other Expenses $5,248,796
TOTAL EXPENSES $16,003,175

Year-over-Year Comparison

2024 2023 Change
Revenue $16,013,233 $16,161,221 0.0%
Expenses $16,003,175 $16,116,704 0.0%
Net Income $10,058 $44,517 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
135
Volunteers
11

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
6
$368,218
Total Directors
12
$0
Key Employees
2
$597,450
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA JEAN-JACQUES SECRETARY - RESIGNED DURING YEAR 4.00
Officer Director
$0 $0 $0
KEYUR SHAH TREASURER 4.00
Officer Director
$0 $0 $0
ROBB GRANADO TRUSTEE - RESIGNED DURING YEAR 4.00
Director
$0 $0 $0
JAVIER LOPEZ-MOLINA CHAIRMAN 4.00
Officer Director
$0 $0 $0
STACY SUTHERLAND TRUSTEE 2.00
Director
$0 $0 $0
JARROD SOWELL VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
TAMARA SOUTH SECRETARY 4.00
Officer Director
$0 $0 $0
TAHINA PEREZ TRUSTEE 2.00
Director
$0 $0 $0
GUSTAVO GARCIA TRUSTEE 2.00
Director
$0 $0 $0
PATRICK WESONGA TRUSTEE 2.00
Director
$0 $0 $0
JOSEPH RIVERA TRUSTEE - JOINED DURING YEAR 2.00
Director
$0 $0 $0
VANESSA ANGELES TRUSTEE - JOINED DURING YEAR 2.00
Director
$0 $0 $0
TRAVIS BROWN EXECUTIVE DIRECTOR 40.00
Officer
$335,692 $32,526 $368,218
ADEBUNMI SAVAGE CHIEF ACADEMIC OFFICER 40.00
Key Emp
$262,649 $36,434 $299,083
COURTNEY RUSSELL CHIEF OPERATIONS OFFICER 40.00
Key Emp
$256,750 $41,617 $298,367
ERIN KIM DIRECTOR OF CURR. & INST S 40.00
Highest
$157,596 $17,957 $175,553
MARIA DORSEY DIRECTOR OF FINANCE AND FACILITIES MANAGEMENT 40.00
Highest
$157,500 $17,203 $174,703
CLARA MACNEIL DIRECTOR OF CURR. & INST - EARLY CHILDHOOD LITERAC 40.00
Highest
$154,815 $24,921 $179,736
TYRON ROBINSON DIRECTOR OF SCHOOL CULTURE 40.00
Highest
$145,760 $30,854 $176,614
BOBBY W EDENFIELD DIRECTOR OF CURRICULUM & INSTRUCTION 40.00
Highest
$140,340 $14,899 $155,239
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 $16,013,233 $16,003,175 $20,743,637 $10,058
2024 $16,161,221 $16,116,704 $21,152,606 $44,517
2023 $16,183,655 $16,054,018 $20,777,532 $129,637
2022 $15,346,301 $15,191,103 $9,897,285 $155,198
2021 $14,570,250 $13,246,839 $10,301,398 $1,323,411
2020 $12,681,688 $12,731,993 $17,651,522 $-50,305
2019 $12,290,354 $12,388,950 $19,143,739 $-98,596
2018 $11,512,700 $10,999,316 $8,150,966 $513,384
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