ACADEMY AT MDY INC

EIN: 472413711 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$8,061,866
Total Expenses
$7,548,967
Total Assets
$948,107
Net Assets
$930,239
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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
2014
Legal Domicile
DE
Principal Officer
CHARLES LEONTSINIDIS
Phone
7186760215
Tax Period
2023-09-01 to 2024-08-31

ACADEMY AT MDY INC, founded in 2014, is a community nonprofit in the Education sector that reported $8.1M in total revenue in fiscal year 2023. Revenue surged 126% from the prior year, signaling strong growth momentum. Expenses of $7.5M left a modest 6% surplus.

Mission

ASSISTED NOT-FOR-PROFIT SCHOOLS IN PLACING SPECIAL EDUCATION TEACHERS FOR SUPPORT SERVICES.

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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 $8,061,866
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $8,061,866

Expense Breakdown

Grants Paid $2,582,654
Salaries & Benefits $4,048,662
Fundraising Expenses $0
Program Expenses $7,269,343
Other Expenses $917,651
TOTAL EXPENSES $7,548,967

Year-over-Year Comparison

2023 2022 Change
Revenue $8,061,866 $3,570,880 +1.3%
Expenses $7,548,967 $3,537,328 +1.1%
Net Income $512,899 $33,552 +14.3%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
4
$397,107
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF SUTTON VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALBERTO SUTTON SECRETARY 1.00
Officer Director
$0 $0 $0
ABE SHALOM BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA RUBIN EXECUTIVE DIRECTOR 1.00
Officer
$0 $43,633 $244,358
CHARLES LEONTSINIDIS DIRECTOR OF FINANCE 1.00
Officer
$0 $26,912 $152,749
JEFFREY GREENBERG FORMER EXECUTIVE DIRECTOR 1.00
$0 $161,171 $382,705
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
2024 $8,061,866 $7,548,967 $948,107 $512,899
2023 $3,570,880 $3,537,328 $424,344 $33,552
2022 $1,206,313 $717,144 $380,773 $489,169
2021 $2,270 No data $14,249 No data
2021 $2,270 No data $14,249 No data
2020 $572,532 $582,765 $14,790 $-10,233
2019 $2,438,232 $2,438,232 $193 No data
2018 $2,758,760 $2,758,760 $288 No data
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