Rochester Academy Charter School

EIN: 262041512 501(c)(3) Education

Rochester, NY

Total Revenue
$13,804,032
Total Expenses
$13,815,142
Total Assets
$19,768,098
Net Assets
$16,003,890
🔒

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
2008
Legal Domicile
NY
Principal Officer
Dr William Middleton
Phone
5852350135
Tax Period
2024-07-01 to 2025-06-30

Rochester Academy Charter School, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $13.8M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

The mission of the Rochester Academy Charter School(RACS) is to prepare the whole child for a rapidly changingworld by cultivating the knowledge, critical thinking skills andpersonal character to succeed in college or a career of choice. RACS is committed to creating an environment of respect andinclusion that both acknowledges and supports the diversity ofthe RACS school community.

🔒

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 $1,214,565
Program Service Revenue $12,278,367
Investment Income $293,466
Other Revenue $17,634
TOTAL REVENUE $13,804,032

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,258,128
Fundraising Expenses $0
Program Expenses $11,937,644
Other Expenses $3,557,014
TOTAL EXPENSES $13,815,142

Year-over-Year Comparison

2024 2023 Change
Revenue $13,804,032 $16,308,474 -0.2%
Expenses $13,815,142 $13,426,820 +0.0%
Net Income $-11,110 $2,881,654 -1.0%
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
7
Independent Members
7
Employees
212
Volunteers
7

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
4
$318,210
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr William Middleton President 1.30
Officer Director
$0 $0 $0
Joann Santos Vice Chair 1.00
Officer Director
$0 $0 $0
D Jean Calder Member 1.00
Director
$0 $0 $0
Cheryl Sampson Member 1.00
Director
$0 $0 $0
Saliha Al Member 1.00
Director
$0 $0 $0
Gerald Tillery Member 1.00
Director
$0 $0 $0
Thalia Wright Member 1.00
Director
$0 $0 $0
Mehmet Demirtas Director/CEO 40.00
Officer
$128,954 $39,412 $168,366
Demir Ozcan Business Administrator 40.00
Officer
$112,106 $37,738 $149,844
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 $13,804,032 $13,815,142 $19,768,098 $-11,110
2024 $16,308,474 $13,426,820 $19,394,021 $2,881,654
2023 $15,087,377 $12,923,404 $19,450,095 $2,163,973
2022 $13,951,799 $10,971,022 $14,926,411 $2,980,777
2021 $12,589,969 $8,917,621 $11,365,356 $3,672,348
2020 $9,823,638 $8,061,794 $7,887,509 $1,761,844
2019 $8,261,461 $7,204,054 $5,057,356 $1,057,407
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Rochester Academy Charter School with other nonprofits in New York and across the country.