SUCCESS ACADEMY CHARTER SCHOOLS INC

EIN: 205298861 501(c)(3) Education

NEW YORK, NY

Total Revenue
$143,889,167
Total Expenses
$123,024,079
Total Assets
$362,618,379
Net Assets
$200,644,309
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
DE
Principal Officer
EVA MOSKOWITZ
Phone
6462777170
Tax Period
2022-07-01 to 2023-06-30

SUCCESS ACADEMY CHARTER SCHOOLS INC, founded in 2006, is a major nonprofit in the Education sector that reported $143.9M in total revenue in fiscal year 2022. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $123.0M left a modest 15% surplus.

Mission

TO PROVIDE CHILDREN IN NYC WITH A HIGH QUALITY EDUCATION THAT GIVES THEM THE KNOWLEDGE, SKILLS, CHARACTER & DISPOSITION TO MEET & EXCEED NYS STANDARDS,& THE RESOURCES TO SUCCEED.

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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 $63,019,733
Program Service Revenue $68,456,961
Investment Income $1,454,573
Other Revenue $10,957,900
TOTAL REVENUE $143,889,167

Expense Breakdown

Grants Paid $3,827,960
Salaries & Benefits $65,906,688
Fundraising Expenses $4,537,933
Program Expenses $102,676,350
Other Expenses $53,289,431
TOTAL EXPENSES $123,024,079

Year-over-Year Comparison

2022 2021 Change
Revenue $143,889,167 $188,955,703 -0.2%
Expenses $123,024,079 $92,840,929 +0.3%
Net Income $20,865,088 $96,114,774 -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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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
589
Volunteers
369

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
7
$1,474,920
Total Directors
16
$0
Key Employees
5
$2,168,337
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVA MOSKOWITZ CHIEF EXECUTIVE OFFICER 50.0
Officer
$182,518 $56,459 $1,018,977
DAVID ELLNER CHIEF, ENTERPRISE SVCS MGMT 55.0
Key Emp
$584,095 $42,612 $626,707
INGRID LAMAE DE JONGH CHIEF, SCHOOLING PLAN & MGMT 55.0
Key Emp
$540,625 $32,283 $572,908
SHABBIR AHMED CHIEF FINANCIAL OFFICER 50.0
Officer
$429,110 $26,833 $455,943
JASON NIEDERKORN CHIEF, ADVISORY MANAGEMENT 55.0
Key Emp
$415,156 $38,190 $453,346
ANN POWELL Executive, Public Affairs 55.0
Highest
$410,118 $39,571 $449,689
MILES BRAFFETT EXECUTIVE, TECHNOLOGY 55.0
Highest
$361,707 $48,084 $409,791
PAULA HUNCHAR EXECUTIVE, ADVANCEMENT MGMT 55.0
Highest
$359,911 $40,529 $400,440
LEI SUN Chief, EI Team Management 55.0
Key Emp
$292,577 $40,891 $333,468
AMANDA CABREIRA DA SILVA EXECUTIVE, ENTERPRISE SERVICES 55.0
Highest
$266,523 $43,388 $309,911
BRITTANY GIOVINAZZI EXECUTIVE, EDGE 55.0
Highest
$259,503 $46,640 $306,143
WENDY Foster THRU 1222 Chief, Schooling 55.0
Key Emp
$162,703 $19,205 $181,908
STEVE GALBRAITH CHAIRMAN 2.0
Officer Director
$0 $0 $0
SUZIE KOVNER VICE CHAIRMAN 2.0
Officer Director
$0 $0 $0
RICHARD S PZENA TREASURER 2.0
Officer Director
$0 $0 $0
KENT A YALOWITZ SECRETARY 2.0
Officer Director
$0 $0 $0
MARY BERNER LEAD TRUSTEE 1.0
Officer Director
$0 $0 $0
RICH BARRERA TRUSTEE 1.0
Director
$0 $0 $0
DIAHANN BILLINGS-BUFORD TRUSTEE 1.0
Director
$0 $0 $0
JOEL GREENBLATT TRUSTEE 1.0
Director
$0 $0 $0
FITZ HANEY TRUSTEE 1.0
Director
$0 $0 $0
JOHN HOOD TRUSTEE (THRU 11/22) 1.0
Director
$0 $0 $0
MELVIN IKE TRUSTEE 1.0
Director
$0 $0 $0
YEN LIOW TRUSTEE 1.0
Director
$0 $0 $0
DANIEL S LOEB TRUSTEE 1.0
Director
$0 $0 $0
BOB NIEHAUS TRUSTEE 1.0
Director
$0 $0 $0
JOHN PETRY TRUSTEE 1.0
Director
$0 $0 $0
SIMON SHAW TRUSTEE 1.0
Director
$0 $0 $0
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 $143,889,167 $123,024,079 $362,618,379 $20,865,088
2022 $188,955,703 $92,840,929 $274,485,406 $96,114,774
2021 $99,368,525 $77,155,177 $162,966,057 $22,213,348
2020 $88,191,643 $73,460,880 $139,942,239 $14,730,763
2019 $79,336,020 $87,947,087 $148,717,499 $-8,611,067
2018 $81,159,815 $76,100,266 $150,318,099 $5,059,549
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