BRONX, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BRONX ACADEMY OF PROMISE CHARTER SCHOOL, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $16.7M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $18.7M exceeded revenue, resulting in a 12% operating deficit.
THE SCHOOL'S MOST SIGNIFICANT ACTIVITIES INCLUDED THE FOLLOWING GOALS -- TO CREATE A SAFE AND SUPPORTIVE LEARNING ENVIRONMENT THAT ADDRESSES BOTH SOCIAL AND EMOTIONAL DEVELOPMENT AS WELL AS THE ACADEMIC NEEDS OF EACH STUDENT. THE SCHOOL'S GOAL IS TO APPROPRIATELY MEET STUDENTS WHERE THEY ARE (WHETHER AHEAD OR BEHIND) IN ORDER TO MEANINGFULLY ENGAGE, ENRICH, CHALLENGE, AND SUPPORT THEM IN EFFECTIVELY CONTINUING THEIR ACADEMIC PROGRESS TOWARD PROFICIENCY AND BEYOND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $16,713,360 | $18,464,008 | -0.1% |
| Expenses | $18,685,368 | $16,604,857 | +0.1% |
| Net Income | $-1,972,008 | $1,859,151 | -2.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| AGATHA AKYERE | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CARLIBI ROJAS | PARENT AT LARGE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENNIS SZE | ACADEMIC COMMITTEE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN KEARNS | TREASURER/CHAIR OF FINANCE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MILCA MEYER | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| REV DR MICHAEL CARION | BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLENN CORWIN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DENISE SCHIRALDI | PRINCIPAL | 40.00 |
Officer
|
$228,268 | $31,461 | $259,729 |
| NICHOLAS MARK PARRINO | ASSISTANT PRINCIPAL | 40.00 |
Officer
|
$167,723 | $57,003 | $224,726 |
| CATHERINE JACKVOINY | ACADEMIC DIRECTOR | 40.00 |
Officer
|
$193,248 | $29,360 | $222,608 |
| ALDRINA ARSHRAVAN | INSTRUCTIONAL COACH - MATH | 40.00 |
Highest
|
$174,160 | $42,103 | $216,263 |
| NANCY JIMENEZ | AIS COACH- ELA | 40.00 |
Highest
|
$154,058 | $9,507 | $163,565 |
| RACHEL OSIAS | DEAN AND AFTER SCHOOL DIRE | 40.00 |
Highest
|
$137,689 | $35,824 | $173,513 |
| MARGARET WEINSTEIN | SPECIALTY TEACHER K-2 AIS | 40.00 |
Highest
|
$124,715 | $25,248 | $149,963 |
| SHARON GIBLIN | SPED COORDINATOR | 40.00 |
Highest
|
$130,800 | $38,919 | $169,719 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $16,713,360 | $18,685,368 | $75,080,028 | $-1,972,008 |
| 2024 | $18,464,008 | $16,604,857 | $29,788,241 | $1,859,151 |
| 2023 | $14,433,523 | $14,286,959 | $28,136,256 | $146,564 |
| 2022 | $14,177,895 | $13,519,128 | $13,708,011 | $658,767 |
| 2021 | $12,366,124 | $11,709,652 | $12,810,064 | $656,472 |
| 2020 | $11,910,782 | $11,254,553 | $11,972,737 | $656,229 |
| 2019 | $11,299,255 | $11,052,603 | $11,202,485 | $246,652 |
| 2018 | $10,654,473 | $10,210,200 | $10,663,092 | $444,273 |
Compare BRONX ACADEMY OF PROMISE CHARTER SCHOOL with other nonprofits in New York and across the country.