EAST HARLEM SCHOLARS ACADEMY CHARTER SCHOOL

EIN: 274713450 501(c)(3) Education

NEW YORK, NY

Total Revenue
$36,095,251
Total Expenses
$41,078,420
Total Assets
$154,224,666
Net Assets
$-4,246,741
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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
MARINA COFIELD
Phone
2123482518
Tax Period
2024-07-01 to 2025-06-30

EAST HARLEM SCHOLARS ACADEMY CHARTER SCHOOL, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $36.1M in total revenue in fiscal year 2024. Expenses of $41.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

EAST HARLEM SCHOLARS ACADEMIES ARE PUBLIC CHARTER SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS, STRENGTH OF CHARACTER, AND EMOTIONAL WELL-BEING TO EXCEL ACADEMICALLY, LEAD IN THEIR COMMUNITIES, AND REALIZE THEIR BEST POSSIBLE SELVES. SCHOLARS ACADEMIES WERE FOUNDED BY EAST HARLEM TUTORIAL PROGRAM (EHTP), A COMMUNITY-BASED ORGANIZATION FOUNDED IN 1958.

Program Service Accomplishments

Program 1
Expenses: $35,756,655 Revenue: $30,750,042

EAST HARLEM SCHOLARS ACADEMIES IS GROUNDED IN OUR CORE VALUES AND GUIDING PRINCIPLES THAT HELP INSTILL IN OUR SCHOLARS A DEEP SENSE OF AWARENESS, SELF-ADVOCACY, COMMITMENT TO EQUITY, AND INTELLECTUAL...

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EAST HARLEM SCHOLARS ACADEMIES IS GROUNDED IN OUR CORE VALUES AND GUIDING PRINCIPLES THAT HELP INSTILL IN OUR SCHOLARS A DEEP SENSE OF AWARENESS, SELF-ADVOCACY, COMMITMENT TO EQUITY, AND INTELLECTUAL CURIOSITY.EAST HARLEM SCHOLARS ACADEMIES BELIEVES THAT THE BEST LEARNING OCCURS WHEN CHILDREN ENGAGE IN HIGHER-ORDER, CRITICAL THINKING. TO THRIVE IN THE 21ST CENTURY WORKFORCE AND SUCCESSFULLY PURSUE BOUNDLESS POSSIBILITIES, OUR STUDENTS LEARN TO QUESTION, ANALYZE, AND APPLY THEIR LEARNING MEANINGFULLY. STUDENTS DEVELOP THE ESSENTIAL CRITICAL REASONING AND LEADERSHIP SKILLS TO SUCCEED IN THEIR ENDEAVORS, BOTH INSIDE AND OUTSIDE THE CLASSROOM. WE VALUE A NURTURING AND SUPPORTIVE ENVIRONMENT THAT SUPPORTS STUDENTS' LOVE OF LEARNING AND OF THEMSELVES. WE PLACE A PREMIUM ON STUDENTS' COGNITIVE, CREATIVE, SOCIAL AND EMOTIONAL GROWTH, AND PHYSICAL HEALTH, BLENDING RIGOR WITH JOY TO ENSURE OUR SCHOLARS ARE INSPIRED TO LEARN. STUDENTS EXPLORE THEIR INDIVIDUAL ASPIRATIONS THROUGH THE SCHOOL EXPERIENCE, DEVELOPING RICH PERSONAL CONNECTIONS TO THEIR LEARNING.OUR LEARNING COMMUNITY INSTILLS IN ALL SCHOLARS A DEEP SENSE OF SELF-ESTEEM, CULTURAL PRIDE, AND GLOBAL RESPONSIBILITY SO THAT THEY DEVELOP INTO THEIR BEST POSSIBLE SELVES. DIVERSITY IS AN ASSET TO OUR LEARNING SPACE, AND OUR SCHOLARS ARE ENGAGED WITH AND ARE AWARE OF DIFFERENT BACKGROUNDS AND PERSPECTIVES AS THEY DEVELOP A RICH UNDERSTANDING OF THE WORLD IN WHICH THEY LIVE. WE VALUE ACTIVE COMMUNITY ENGAGEMENT AS A WAY TO ENHANCE EDUCATIONAL OPPORTUNITIES. FAMILIES AND THE WIDER COMMUNITY ARE MUTUAL STAKEHOLDERS IN OUR SCHOLARS' EDUCATIONAL SUCCESS. HAVING ACCESS TO A COMPREHENSIVE SUPPORT SYSTEM POSITIONS STUDENTS TO REACH THEIR FULLEST POTENTIAL, AND OUR SCHOLARS' COMMITMENT TO SERVICE PROMOTES OUR VISION OF SOCIAL JUSTICE AND A DESIRE TO HELP THOSE IN NEED.OUR SCHOOLS ARE IN SESSION FROM 8:15 A.M. TO 3:45 P.M. MONDAY, TUESDAY, THURSDAY, AND FRIDAY. ON WEDNESDAYS, SCHOLARS DISMISS AT 1:30 P.M., AFTER WHICH TIME STAFF PARTICIPATE IN PROFESSIONAL DEVELOPMENT. STUDENTS HAVE DAILY BLOCKS OF ELA, MATH, AND SCIENCE OR SOCIAL STUDIES, IN ADDITION TO DAILY ROTATING SPECIALS/ENRICHMENT CLASSES (E.G., SPANISH, PHYSICAL EDUCATION, OR MUSIC) AND RECESS. OUR AFTERSCHOOL PROGRAM OPERATES MONDAY, TUESDAY, THURSDAY, FRIDAY, 3:45 - 6:00 PM; WED, 1:45 - 6:00 PM.

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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 $5,258,411
Program Service Revenue $30,750,042
Investment Income $15
Other Revenue $86,783
TOTAL REVENUE $36,095,251

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,539,404
Fundraising Expenses $885,277
Program Expenses $35,756,655
Other Expenses $18,539,016
TOTAL EXPENSES $41,078,420

Year-over-Year Comparison

2024 2023 Change
Revenue $36,095,251 $34,510,728 +0.0%
Expenses $41,078,420 $37,433,832 +0.1%
Net Income $-4,983,169 $-2,923,104 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
307
Volunteers
101

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
7
$712,089
Total Directors
10
$0
Key Employees
4
$751,231
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM RAHM CHAIR 2.00
Officer Director
$0 $0 $0
HOPE KNIGHT VICE CHAIR 1.00
Officer Director
$0 $0 $0
CARLOS MORALES SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN GAVIN TREASURER 2.00
Officer Director
$0 $0 $0
IRIS CHEN TRUSTEE 1.00
Director
$0 $0 $0
NICHOLA GRAY TRUSTEE 1.00
Director
$0 $0 $0
CAROLYNE QUINTANA TRUSTEE 1.00
Director
$0 $0 $0
JOAN SOLOTAR TRUSTEE 1.00
Director
$0 $0 $0
SASKIA LEVY THOMPSON TRUSTEE 1.00
Director
$0 $0 $0
DAVID WILDERMUTH TRUSTEE 1.00
Director
$0 $0 $0
MARINA COFIELD CHIEF EXECUTIVE OFFICER 20.00
Officer
$0 $34,614 $304,349
NYASHA MANIGAULT CHIEF FINANCIAL OFFICER 10.00
Officer
$0 $18,179 $231,704
MARTIN PALAMORE CHIEF SCHOOL OFFICER 40.00
Officer
$166,097 $9,939 $176,036
MAXWELL TURNER MANAGING DIRECTOR, OPERATIONS 40.00
Key Emp
$164,671 $28,488 $193,159
JESSENIA ROMAN PRINCIPAL, SCHOLARS ACADEMY 40.00
Key Emp
$162,977 $27,377 $190,354
BRANDON MILES SWABY ASSISTANT PRINCIPAL 40.00
Key Emp
$156,643 $11,974 $168,617
TIFFANY THOMAS PRINCIPAL 40.00
Key Emp
$159,313 $39,788 $199,101
GIBRAN DAVIS MATH TEACHER 7TH GRADE 40.00
Highest
$142,754 $16,312 $159,066
ANA P MORRON MANAGING DIRECTOR, CURRICULUM, INSTRUCTION & ASSES 40.00
Highest
$140,123 $29,764 $169,887
ANNETTA THOMPSON KINDERGARTEN TEACHER 40.00
Highest
$138,541 $19,423 $157,964
MELISSA A SCADINA 3RD GRADE TEACHER 40.00
Highest
$137,081 $18,962 $156,043
VERONIKA HERRERA SENIOR DIRECTOR 40.00
Highest
$145,339 $4,455 $149,794
JEFFREY GINSBURG FORMER CEO 20.00
$0 $83 $229,250
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 $36,095,251 $41,078,420 $154,224,666 $-4,983,169
2024 No data No data No data No data
2023 $35,251,355 $38,846,699 $62,694,089 $-3,595,344
2022 $33,847,102 $33,294,891 $10,082,502 $552,211
2021 $32,517,052 $27,866,521 $9,505,987 $4,650,531
2020 $25,954,346 $24,872,639 $9,497,354 $1,081,707
2019 $23,095,454 $23,001,101 $3,401,086 $94,353
2018 $20,370,413 $19,826,295 $3,702,100 $544,118
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