THE INTERNATIONAL ACADEMY OF HOPE

EIN: 463901238 501(c)(3) Medical Research

NEW YORK, NY

Total Revenue
$32,644,175
Total Expenses
$30,620,067
Total Assets
$67,093,865
Net Assets
$18,970,987
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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
2013
Legal Domicile
NY
Principal Officer
GARY MILCHMAN
Phone
2127878315
Tax Period
2024-07-01 to 2025-06-30

THE INTERNATIONAL ACADEMY OF HOPE, founded in 2013, is a mid-sized nonprofit in the Medical Research sector that reported $32.6M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $30.6M left a modest 6% surplus.

Mission

TO TRANSFORM THE MANNER IN WHICH EDUCATIONAL SERVICES ARE DELIVERED TO STUDENTS WITH BRAIN INJURIES.

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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 $371,415
Program Service Revenue $32,272,760
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,644,175

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,887,256
Fundraising Expenses $56,485
Program Expenses $26,955,169
Other Expenses $11,732,811
TOTAL EXPENSES $30,620,067

Year-over-Year Comparison

2024 2023 Change
Revenue $32,644,175 $27,669,197 +0.2%
Expenses $30,620,067 $26,019,769 +0.2%
Net Income $2,024,108 $1,649,428 +0.2%
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
4
Employees
354
Volunteers
4

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
$1,607,743
Total Directors
5
$765,420
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SILVERMAN SECRETARY 1.00
Officer Director
$0 $0 $0
ERIK PUTNAM TREASURER 1.00
Officer Director
$0 $0 $0
IRENE CAVANAGH DIRECTOR 1.00
Director
$0 $0 $0
KEVIN CAREY BOARD CHAIRMAN/CEO OF YAI (DECEASED) 1.00
Officer Director
$0 $210,834 $765,420
PETER TABACK DIRECTOR 1.00
Director
$0 $0 $0
GARY MILCHMAN ACTING CEO OF YAI 40.00
Officer
$0 $42,955 $284,945
SHANI CHILL EXECUTIVE DIRECTOR 40.00
Officer
$210,351 $82,445 $292,796
VANDA ANGELILLO ACTING CFO OF YAI 1.00
Officer
$0 $31,276 $264,582
COURTNEY NELSON DIR OF OPERATIONS 40.00
Highest
$130,701 $19,893 $150,594
CRISTINA BELARMINO DIRECTOR-PHYSICAL THERAPY 40.00
Highest
$137,607 $4,873 $142,480
GRETCHEN HANSER DIR. ASSISTIVE TECH. 40.00
Highest
$142,399 $38,514 $180,913
JENNIFER HENSLEY DIRECTOR - OCCUPATIONAL TH 40.00
Highest
$124,106 $19,208 $143,314
MEGAN F WENZEL DIR. SPEECH, LANGUAGE 40.00
Highest
$162,759 $5,624 $168,383
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 $32,644,175 $30,620,067 $67,093,865 $2,024,108
2024 $27,669,197 $26,019,769 $67,391,950 $1,649,428
2023 $20,793,414 $18,324,219 $62,186,577 $2,469,195
2022 $18,933,969 $13,653,420 $17,556,866 $5,280,549
2021 $17,024,094 $13,995,928 $21,778,473 $3,028,166
2020 $15,808,701 $13,088,083 $16,604,410 $2,720,618
2019 $9,718,780 $10,229,767 $7,511,269 $-510,987
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