ACADEMIC LEADERSHIP CHARTER SCHOOL

EIN: 264327125 501(c)(3) Education

BRONX, NY

Total Revenue
$11,964,394
Total Expenses
$6,378,428
Total Assets
$77,756,935
Net Assets
$58,328,093
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Phone
7185854215
Tax Period
2023-07-01 to 2024-06-30

ACADEMIC LEADERSHIP CHARTER SCHOOL, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $12.0M in total revenue in fiscal year 2023. The organization ran a surplus of $5.6M, a strong 47% operating margin.

Mission

Our mission at Academic Leadership Charter School (ALCS) is to empower young leaders, creating a student body that outperforms state standards across all subjects. We are determined to give our pupils a competitive edge towards high school and beyond, nurturing exceptional youth for exceptional success.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,127,427
Program Service Revenue $7,304,451
Investment Income $1,532,516
Other Revenue $0
TOTAL REVENUE $11,964,394

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,928,207
Fundraising Expenses $0
Program Expenses $5,068,276
Other Expenses $2,450,221
TOTAL EXPENSES $6,378,428

Year-over-Year Comparison

2023 2022 Change
Revenue $11,964,394 $12,246,452 0.0%
Expenses $6,378,428 $5,991,371 +0.1%
Net Income $5,585,966 $6,255,081 -0.1%
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

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

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Governance

Voting Members
5
Independent Members
5
Employees
54
Volunteers
6

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
$350,921
Total Directors
7
$350,921
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR NORMA FIGUEROA-HURWITZ Executive Dir. 40.00
Officer Director
$323,570 $27,351 $350,921
LEENA VARGHESE ELMT.SCH.PRINCIPAL 40.00
$187,487 $25,334 $212,821
Sean Blackwell Member 2.00
Director
$0 $0 $0
James Sander Board Chair 2.00
Officer Director
$0 $0 $0
Ted Hurwitz Member 2.00
Director
$0 $0 $0
Robert Ansbro Member 2.00
Director
$0 $0 $0
Christopher Brignola Vice Chair 2.00
Officer Director
$0 $0 $0
LUCAS DOE Treasurer 2.00
Officer 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 $11,964,394 $6,378,428 $77,756,935 $5,585,966
2023 $12,246,452 $5,991,371 $74,662,473 $6,255,081
2022 $11,326,645 $5,124,767 $65,992,275 $6,201,878
2021 $11,172,931 $4,768,692 $60,920,098 $6,404,239
2020 $10,672,404 $4,597,916 $34,637,195 $6,074,488
2019 $9,170,781 $4,352,286 $28,576,756 $4,818,495
2018 $8,777,897 $4,331,226 $23,783,158 $4,446,671
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