United Charter High School for the Humanities

EIN: 451559526 501(c)(3) Education

New York, NY

Total Revenue
$9,745,718
Total Expenses
$10,362,943
Total Assets
$4,756,949
Net Assets
$4,077,423
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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
Dr Curtis A Palmore
Phone
7188177686
Tax Period
2023-07-01 to 2024-06-30

United Charter High School for the Humanities, founded in 2010, is a community nonprofit in the Education sector that reported $9.7M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

United Charter High School for the Humanities ENDEAVORS TO PROVIDE ALL STUDENTS, REGARDLESS OF THEIR PREVIOUS ACADEMIC HISTORY, EQUALLY WITH THE HIGHEST QUALITY EDUCATION IN AN ATMOSPHERE OF RESPECT, RESPONSIBILITY AND SAFETY.

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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 $1,615
Program Service Revenue $9,455,379
Investment Income $160,714
Other Revenue $128,010
TOTAL REVENUE $9,745,718

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,303,612
Fundraising Expenses $0
Program Expenses $8,741,857
Other Expenses $2,059,331
TOTAL EXPENSES $10,362,943

Year-over-Year Comparison

2023 2022 Change
Revenue $9,745,718 $11,055,846 -0.1%
Expenses $10,362,943 $12,257,991 -0.2%
Net Income $-617,225 $-1,202,145 -0.5%
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
9
Independent Members
9
Employees
88
Volunteers
11

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
10
$519,262
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Magaly I Hicks Principal THRU 6/30/24 40.0
Officer
$220,438 $38,594 $259,032
CAY MARIA S BOSWELL ASST PRINCIPAL, Class of 2024 40.0
Highest
$190,132 $26,246 $216,378
RUCHI SHUKLA ASST PRINCIPAL, Class of 2023 40.0
Highest
$176,614 $32,608 $209,222
MICHELE HAYES ASST PRINCIPAL, Class of 2026 40.0
Highest
$123,064 $18,956 $142,020
MARGARET Y CABAN TEACHER - ELA 40.0
Highest
$122,817 $18,993 $141,810
GUSTAVO JOSE CAMILO DIR OF SCHOOL OPERATIONS 40.0
Officer
$122,258 $10,311 $132,569
ANDRE L LEWIS ASSOCIATE DIRECTOR OF GUIDANCE 40.0
Highest
$117,289 $12,560 $129,849
LILLIAN A LOPEZ SEE SCH O DIR. INST/AP/PRIN. EFF 6/1/24 40.0
Officer
$79,963 $8,320 $88,283
DR CURTIS A PALMORE CEO AS OF 10/1/23 (SEE SCH O) 6.0
Officer
$8,813 $3,240 $39,378
Fredrick Levy BOARD CHAIR 2.0
Officer Director
$0 $0 $0
MICHAEL NATHAN TREASURER 1.0
Officer Director
$0 $0 $0
EDGAR RODRIGUEZ SECRETARY 3.0
Officer Director
$0 $0 $0
NANCY GROSSMAN Trustee 1.0
Officer Director
$0 $0 $0
PETER CANTILLO Trustee 1.0
Director
$0 $0 $0
LISA GIBSON Trustee 1.0
Director
$0 $0 $0
EVA LOPEZ Trustee 1.0
Director
$0 $0 $0
NANCY ROSARIO - RODRIGUEZ TRUSTEE 1.0
Director
$0 $0 $0
EDNA VEGA Trustee 1.0
Director
$0 $0 $0
KENTON KIRBY TRUSTEE THRU 1/22/24 1.0
Director
$0 $0 $0
Marsha Milan-Bethel TRUSTEE THRU 12/18/23 1.0
Director
$0 $0 $0
CYNTHIA RIETSCHA COO THRU 4/30/24 1.0
Officer
$0 $0 $0
KISIS CRUZ DIR. OF FIN&ADMIN AS OF 5/1/24 1.0
Officer
$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 $9,745,718 $10,362,943 $4,756,949 $-617,225
2023 $11,055,846 $12,257,991 $5,435,668 $-1,202,145
2022 $11,895,519 $11,610,509 $6,711,858 $285,010
2021 $11,676,405 $10,995,000 $6,639,866 $681,405
2020 $12,064,787 $10,448,941 $6,086,164 $1,615,846
2019 $10,331,559 $9,799,774 $4,045,414 $531,785
2018 $9,665,761 $9,863,174 $3,444,854 $-197,413
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