WESTMINSTER COMMUNITY CHARTER SCHOOL

EIN: 201405355 501(c)(3) Education

BUFFALO, NY

Total Revenue
$6,801,589
Total Expenses
$9,033,925
Total Assets
$12,306,854
Net Assets
$5,991,426
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
PAMELA HOKANSON
Phone
7168485634
Tax Period
2024-07-01 to 2025-06-30

WESTMINSTER COMMUNITY CHARTER SCHOOL, founded in 2004, is a community nonprofit in the Education sector that reported $6.8M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $9.0M exceeded revenue, resulting in a 33% operating deficit.

Mission

AT WESTMINSTER COMMUNITY CHARTER SCHOOL, WE PROUDLY PROVIDE STUDENTS WITH A RIGOROUS AND HOLISTIC TEACHING APPROACH. WE CULTIVATE A SAFE AND CARING ENVIRONMENT SO EVERY CHILD CAN GROW TO MEET THEIR FULL POTENTIAL TO FIND THEIR PASSIONS IN LIFE AND TO PURSUE THOSE PASSIONS WITH JOY, SKILL, AND SUCCESS.

Program Service Accomplishments

Program 1
Expenses: $6,282,893 Revenue: $5,102,037

REGULAR EDUCATION PROGRAM EXPENSE FOR KINDERGARDEN THROUGH GRADE 8 STUDENTS ENROLLED IN THE CHARTER SCHOOL.

Program 2
Expenses: $998,705 Revenue: $296,948

SPECIAL EDUCATION PROGRAMS FOR KINDERGARDEN THROUGH GRADE 8 STUDENTS ENROLLED IN THE CHARTER SCHOOL.

Program 3
Expenses: $606,870 Revenue: $25,571

OTHER PROGRAM EXPENSES INCLUDING CONTRACTED SUMMER SCHOOL PROGRAMS, AFTER SCHOOL PROGRAMS, AND OTHER PROGRAMS FOR KINDERGARDEN THROUGH GRADE 8 STUDENTS ENROLLED IN THE CHARTER SCHOOL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,001,199
Program Service Revenue $5,398,985
Investment Income $375,834
Other Revenue $25,571
TOTAL REVENUE $6,801,589

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,603,572
Fundraising Expenses $0
Program Expenses $7,888,468
Other Expenses $2,430,353
TOTAL EXPENSES $9,033,925

Year-over-Year Comparison

2024 2023 Change
Revenue $6,801,589 $8,732,089 -0.2%
Expenses $9,033,925 $9,214,887 0.0%
Net Income $-2,232,336 $-482,798 +3.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
89
Volunteers
55

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
2
$0
Total Directors
7
$66,122
Key Employees
1
$206,246
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RAQUEL REZARA SCHMIDT CHAIRPERSON 2.00
Officer Director
$0 $0 $0
ELIZABETH CZARNECKI VICE CHAIRPERSON 2.00
Officer Director
$0 $0 $0
TERENDA BROWN TRUSTEE 33.75
Director
$38,948 $27,174 $66,122
MELISSA LEOPARD TRUSTEE 1.00
Director
$0 $0 $0
JAMES C OBLETZ THRU 32025 TRUSTEE 1.00
Director
$0 $0 $0
ROSALYN TAYLOR TRUSTEE 1.00
Director
$0 $0 $0
SHALA WRIGHT BEGAN 32025 TRUSTEE 1.00
Director
$0 $0 $0
TERESA GERCHMAN PRINCIPAL 33.75
Key Emp
$166,350 $39,896 $206,246
MARIA MAKOWSKI ASSISTANT PRINCIPAL 33.75
Highest
$113,566 $19,673 $133,239
COREY WILSON ASSISTANT PRINCIPAL 33.75
Highest
$107,359 $18,985 $126,344
ERIKA HIDALGO TEACHER 33.75
Highest
$112,902 $22,388 $135,290
COLLEEN PUMA TEACHER 33.75
Highest
$111,344 $33,818 $145,162
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 $6,801,589 $9,033,925 $12,306,854 $-2,232,336
2024 No data No data No data No data
2023 $7,929,351 $10,156,352 $13,557,463 $-2,227,001
2022 $8,088,662 $9,478,204 $14,670,201 $-1,389,542
2021 $9,706,780 $8,834,543 $16,611,516 $872,237
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WESTMINSTER COMMUNITY CHARTER SCHOOL with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.