FUTURE LEADERS INSTITUTE CHARTER SCHOOL

EIN: 202633976 501(c)(3) Education

NEW YORK, NY

Total Revenue
$6,142,098
Total Expenses
$6,884,459
Total Assets
$6,258,104
Net Assets
$4,309,084
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
RUDOLPH AUSTIN
Phone
2126782868
Tax Period
2024-07-01 to 2025-06-30

FUTURE LEADERS INSTITUTE CHARTER SCHOOL, founded in 2005, is a community nonprofit in the Education sector that reported $6.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $6.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

OUR MISSION IS TO DELIVER A RICH AND RIGOROUS EDUCATIONAL EXPERIENCE IN ORDER TO DEVELOP ACADEMICALLY HIGH-PERFORMING STUDENTS WITH THE LEADERSHIP, CHARACTER, AND KNOWLEDGE TO ACHIEVE SUCCESS IN HIGH SCHOOL AND BEYOND BY FOCUSING ON A CULTURE OF ACADEMIC ACHIEVEMENT, RESPECT, SELF-DISCOVERY, AND COMMUNITY.

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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 $302,723
Program Service Revenue $5,585,430
Investment Income $253,945
Other Revenue $0
TOTAL REVENUE $6,142,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,784,876
Fundraising Expenses $0
Program Expenses $6,264,772
Other Expenses $1,099,583
TOTAL EXPENSES $6,884,459

Year-over-Year Comparison

2024 2023 Change
Revenue $6,142,098 $6,681,148 -0.1%
Expenses $6,884,459 $6,503,791 +0.1%
Net Income $-742,361 $177,357 -5.2%
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
58
Volunteers
30

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
$243,676
Total Directors
10
$0
Key Employees
2
$380,773
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATALIE DEAK JAROS CO-CHAIR 1.00
Officer Director
$0 $0 $0
RUDOLPH AUSTIN CO-CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
ROSS HAROLD SECRETARY 1.00
Officer Director
$0 $0 $0
JAY HATFIELD TRUSTEE 1.00
Director
$0 $0 $0
RACHEL KLEIN TRUSTEE 1.00
Director
$0 $0 $0
FERNANDO GARCIA TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER ESTRELLA CO-CHAIR 1.00
Officer Director
$0 $0 $0
ROB FRATTO TRUSTEE 1.00
Director
$0 $0 $0
HEATHER NORTHROP TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER PENA-DETATA TRUSTEE 1.00
Director
$0 $0 $0
JODY FLOWERS PRINCIPAL 50.00
Officer
$189,009 $54,667 $243,676
RUSSELL SLOVENEC ASSISTANT PRINCIPAL 50.00
Key Emp
$163,837 $33,558 $197,395
NATALIE GONZALEZ VALDES ASSISTANT PRINCIPAL 50.00
Key Emp
$151,525 $31,853 $183,378
KATJA FRAZIER TEACHER 50.00
Highest
$112,481 $44,068 $156,549
MARISSA BECHER TEACHER 50.00
Highest
$118,139 $44,851 $162,990
JENNA ROSSI COUNSELOR 50.00
Highest
$114,013 $26,658 $140,671
DEJINAY REED TEACHER 50.00
Highest
$112,212 $26,408 $138,620
JAIME MARINO TEACHER 1.00
Highest
$111,079 $43,873 $154,952
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 $6,142,098 $6,884,459 $6,258,104 $-742,361
2024 $6,681,148 $6,503,791 $6,890,183 $177,357
2023 $7,376,752 $7,069,526 $6,789,966 $307,226
2022 $7,709,208 $6,589,389 $6,467,159 $1,119,819
2021 $7,193,125 $6,291,480 $5,388,234 $901,645
2020 $7,148,323 $6,587,301 $4,576,702 $561,022
2019 $7,086,970 $6,785,899 $3,859,821 $301,071
2018 $6,182,989 $6,562,066 $3,496,261 $-379,077
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