JERSEY CITY, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EMPOWERMENT ACADEMY CHARTER SCHOOL, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $42.7M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.2M, a strong 19% operating margin.
EMPOWERMENT ACADEMY CHARTER SCHOOL IS COMMITTED TO CHILDREN HAVING BRIGHTER PROSPECTS. IT IS COMMITTED TO DEVELOPING THE KIND OF VALUES, SKILLS, KNOWLEDGE, CONFIDENCE AND CHARACTER IN THE STUDENTS THAT WILL PROSPEL THEM TO SUCCESS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $42,678,541 | $26,527,797 | +0.6% |
| Expenses | $34,445,811 | $23,930,098 | +0.4% |
| Net Income | $8,232,730 | $2,597,699 | +2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MONICA ZASLOWER | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LONNIE SOBEL | VICE PRESIDENT | 5.00 |
Director
|
$0 | $0 | $0 |
| THOMAS GALLAGHER | TREASURER | 5.00 |
Director
|
$0 | $0 | $0 |
| THOMAS OGORZELEK | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| DAMI KABIAWU | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| RICHARD RASCHDORF | SCHOOL BUSINESS ADMINISTRATOR | 40.00 |
Officer
Key Emp
Highest
|
$169,380 | $8,097 | $177,477 |
| LISA POWELL | PRINCIPAL | 40.00 |
Highest
|
$160,580 | $7,156 | $167,736 |
| CRAIG MESSMER | PRINCIPAL | 40.00 |
Highest
|
$158,250 | $9,472 | $167,722 |
| ANGELA THOMAS | DIRECTOR OF EDUCATION | 40.00 |
Highest
|
$145,500 | $2,598 | $148,098 |
| MOLLY FRAWLEY | DEAN OF CURRICULUM AND INSTRUCTIONS | 40.00 |
Highest
|
$115,000 | $0 | $115,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $42,678,541 | $34,445,811 | $29,828,741 | $8,232,730 |
| 2024 | No data | No data | No data | No data |
| 2023 | $26,527,797 | $23,930,098 | $9,363,544 | $2,597,699 |
| 2022 | $18,995,847 | $17,897,323 | $6,681,057 | $1,098,524 |
| 2021 | $15,248,676 | $12,187,347 | $5,161,370 | $3,061,329 |
| 2020 | $10,188,418 | $8,992,395 | $2,679,647 | $1,196,023 |
| 2019 | $7,229,120 | $7,141,324 | $564,191 | $87,796 |
| 2018 | $5,882,500 | $5,782,930 | $845,932 | $99,570 |
Compare EMPOWERMENT ACADEMY CHARTER SCHOOL with other nonprofits in New Jersey and across the country.