NEW WORLD PREPARATORY CHARTER SCHOOL (EIN 272013987) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

ANGELO APONTE

Phone

7187058990

Tax Period

2023-07-01 to 2024-06-30

NEW WORLD PREPARATORY CHARTER SCHOOL, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $21.1M in total revenue in fiscal year 2023. The organization ran a surplus of $3.4M, a strong 16% operating margin.

Mission

The school provides an exceptional education for students by employing research-proven strategies to raise middle school academic achievement including: academic rigor and relevance; personalization; focused professional development; and meaningful engagement of families and the larger 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,199,521

Program Service Revenue $18,407,061

Investment Income $428,503

Other Revenue $93,527

TOTAL REVENUE $21,128,612

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,228,867

Fundraising Expenses $3,692

Program Expenses $15,931,724

Other Expenses $5,462,162

TOTAL EXPENSES $17,691,029

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,128,612	$19,723,330	+0.1%
Expenses	$17,691,029	$21,570,316	-0.2%
Net Income	$3,437,583	$-1,846,986	-2.9%

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

Governance

Voting Members

Independent Members

Employees

186

Volunteers

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

$527,814

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUGENE FOLEY	President	40.00	Officer	$262,800	$32,691	$295,491
AMANDA LEE AINLEY	PRINCIPAL	40.00	Officer	$199,505	$32,818	$232,323
RANDI SCHAFER	ASSOCIATE DIRECTOR	40.00		$156,192	$6,412	$162,604
Nicole Johnson	PRINCIPAL	40.00		$146,049	$15,324	$161,373
YASMIN PERALTA	DIRECTOR OF SCHOOL	40.00		$114,115	$20,149	$134,264
DIANE SORENSEN	DIRECTOR OF SCHOOL	40.00		$112,310	$13,253	$125,563
NICHOLAS VINCENT FARGIONE	ASSISTANT PRINCIPA	40.00		$108,106	$4,437	$112,543
REVEREND TERRY TROIA	Secretary	2.00	Officer Director	$0	$0	$0
John McBeth	Trustee	1.00	Director	$0	$0	$0
JACK MINOGUE	Trustee	1.00	Director	$0	$0	$0
ANGELO APONTE	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
ALICE TOBIN	Treasurer	1.00	Officer Director	$0	$0	$0
PETER WEINMAN ESQ	Trustee	1.00	Director	$0	$0	$0
MICHAEL MCVEY	Trustee	1.00	Director	$0	$0	$0
LARRY MIRALDI	Vice President	1.00	Officer Director	$0	$0	$0
ANAVELLA ROMERO	PTO PRESIDENT	1.00	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	$21,128,612	$17,691,029	$9,237,497	$3,437,583
2023	$19,723,330	$21,570,316	$10,342,222	$-1,846,986
2022	$17,385,004	$19,149,827	$10,066,699	$-1,764,823
2021	$15,891,688	$16,903,342	$11,039,877	$-1,011,654
2020	$12,689,979	$11,381,907	$9,149,226	$1,308,072
2019	$8,996,693	$8,864,175	$5,466,574	$132,518
2018	$7,809,414	$7,564,487	$4,768,350	$244,927

NEW WORLD PREPARATORY CHARTER SCHOOL