AMANI PUBLIC CHARTER SCHOOL

EIN: 274508796 501(c)(3) Education

MOUNT VERNON, NY

Total Revenue
$6,759,767
Total Expenses
$7,527,064
Total Assets
$5,506,826
Net Assets
$107,344
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
DEBRA STERN
Phone
9146682553
Tax Period
2024-07-01 to 2025-06-30

AMANI PUBLIC CHARTER SCHOOL, founded in 2010, is a community nonprofit in the Education sector that reported $6.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $7.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

AMANI PUBLIC CHARTER SCHOOL IS DEDICATED TO EMPOWERING STUDENTS IN MOUNT VERNON FROM FIFTH THROUGH EIGHTH GRADE WITH THE TOOLS THEY NEED FOR FUTURE SUCCESS. TO ACHIEVE THIS GOAL, AMANI FOCUSES ON PROVIDING A RIGOROUS CURRICULUM THAT EMPHASIZES BOTH CORE ACADEMIC SUBJECTS AND ANALYTICAL THINKING. THE SCHOOL MAY ALSO OFFER ENRICHMENT PROGRAMS, INDIVIDUALIZED SUPPORT, AND OPPORTUNITIES FOR STUDENTS TO ENGAGE IN PROBLEM-SOLVING AND DECISION-MAKING ACTIVITIES. BY CONCENTRATING ON THESE CRUCIAL YEARS OF ACADEMIC AND PERSONAL DEVELOPMENT, AMANI PUBLIC CHARTER SCHOOL AIMS TO SET ITS STUDENTS ON A PATH TO LONG-TERM ACHIEVEMENT AND OPEN DOORS TO A WIDE RANGE OF FUTURE OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $596,173
Program Service Revenue $6,154,340
Investment Income $12,978
Other Revenue $-3,724
TOTAL REVENUE $6,759,767

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,406,608
Fundraising Expenses $73,727
Program Expenses $5,680,410
Other Expenses $3,120,456
TOTAL EXPENSES $7,527,064

Year-over-Year Comparison

2024 2023 Change
Revenue $6,759,767 $7,275,514 -0.1%
Expenses $7,527,064 $7,592,112 0.0%
Net Income $-767,297 $-316,598 +1.4%
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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Governance

Voting Members
8
Independent Members
8
Employees
78
Volunteers
8

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
6
$205,126
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE EDWARD BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN KUO BOARD TREASURER 1.00
Officer Director
$0 $0 $0
ALEX SPENCER BOARD MEMBER 1.00
Director
$0 $0 $0
GINA SARDI BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
SONDRA WUDUNN BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
PAUL MORENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
MAX SMITH BOARD CHAIR 1.00
Officer Director
$0 $0 $0
LATOYA ATTIS BOARD MEMBER - JOINED DURI 1.00
Director
$0 $0 $0
DEBRA STERN EXECUTIVE DIRECTOR 40.00
Officer
$87,137 $1,877 $89,014
NIAMH THURMAN DIRECTOR OF FINANCE 40.00
Officer
$99,691 $16,421 $116,112
BRUCE TANNER DIRECTOR OF OPERATIONS 40.00
Highest
$124,257 $13,002 $137,259
JENNIFER CIAVIRELLA PRINCIPAL 40.00
Highest
$134,471 $12,357 $146,828
KARL EASON AP STUDENT CULTURE 40.00
Highest
$104,586 $5,248 $109,834
ADAM ABRAMOWITZ TEACHER 40.00
Highest
$111,222 $17,731 $128,953
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 $6,759,767 $7,527,064 $5,506,826 $-767,297
2024 $7,275,514 $7,592,112 $7,241,485 $-316,598
2023 $7,634,871 $8,293,205 $8,706,602 $-658,334
2022 $8,053,350 $8,190,767 $3,695,578 $-137,417
2021 $6,979,730 $6,819,856 $4,644,336 $159,874
2020 $7,250,503 $7,449,894 $4,344,547 $-199,391
2019 $7,149,048 $7,411,313 $3,602,728 $-262,265
2018 $7,075,550 $6,930,346 $3,780,124 $145,204
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