INTERNATIONAL CHARTER SCHOOL OF NEW YORK (EIN 471118362) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

MATTHEW LEVEY

Phone

7183054199

Tax Period

2020-07-01 to 2021-06-30

INTERNATIONAL CHARTER SCHOOL OF NEW YORK, founded in 2014, is a mid-sized nonprofit that reported $10.8M in total revenue in fiscal year 2020. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $9.3M left a modest 14% surplus.

Mission

INTERNATIONAL CHARTER SCHOOL OF NEW YORK ("ICS OR THE "SCHOOL") OPENED IN ITS DOORS SEPTEMBER OF 2015 AND IS LOCATED IN COMMUNITY SCHOOL DISTRICT 13 IN BROOKLYN, NY. ICS SERVES 300 KINDERGARTEN THOUGH THIRD GRADE STUDENTS, AND PLANS TO ADD ADDITIONAL STUDENTS THROUGH EIGHTH GRADE UPON RENEWAL OF ITS CHARTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $1,347,800

Program Service Revenue $9,467,256

Investment Income $513

Other Revenue $10,870

TOTAL REVENUE $10,826,439

Expense Breakdown

Grants Paid $6,997

Salaries & Benefits $5,788,478

Fundraising Expenses $79,152

Program Expenses $7,865,662

Other Expenses $3,520,048

TOTAL EXPENSES $9,315,523

Year-over-Year Comparison

	2020	2019	Change
Revenue	$10,826,439	$9,742,328	+0.1%
Expenses	$9,315,523	$9,191,922	+0.0%
Net Income	$1,510,916	$550,406	+1.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW LEVEY	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
MARK CARHART	CHAIR	5.00	Officer Director	$0	$0	$0
MONIR HOQUE	VICE CHAIR	3.00	Officer Director	$0	$0	$0
MIKE NIGRO	TREASURER	3.00	Officer Director	$0	$0	$0
JOSPEH LEWIS JR	SECRETARY	2.00	Officer Director	$0	$0	$0
KENNETH MBONU	TRUSTEE	1.00	Director	$0	$0	$0
JULIET CULLEN-CHEUNG	TRUSTEE	2.00	Director	$0	$0	$0
EVE SIMONSON-MARTINEZ	TRUSTEE	2.00	Director	$0	$0	$0
SIMON NAROW	TRUSTEE	2.00	Director	$0	$0	$0
MAYA PETROCELLI	TRUSTEE	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
2021	$10,826,439	$9,315,523	$4,796,141	$1,510,916
2020	$9,742,328	$9,191,922	$4,170,220	$550,406
2019	$7,676,057	$6,869,760	$2,907,224	$806,297

INTERNATIONAL CHARTER SCHOOL OF NEW YORK