THE EXAM SCHOOL PARTNERSHIP INITIA… - Form 990 Financial Data

🔒

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

ANDY MCCORD

Phone

2127298881

Tax Period

2023-01-01 to 2023-12-31

THE EXAM SCHOOL PARTNERSHIP INITIATIVE INC ATTN ANDY MCCORD, founded in 2014, is a small nonprofit in the Education sector that reported $267K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $325K exceeded revenue, resulting in a 22% operating deficit.

Mission

ESPI AIMS TO ADDRESS INEQUITY OF EDUCATIONAL OPPORTUNITY FOR ACADEMICALLY ADVANCE STUDENTS, PARTICULARLY FROM BLACK AND LATINO FAMILIES, IN RACIALLY ISOLATED AND LOW INCOME ELEMENTARY AND MIDDLE SCHOOLS IN NEW YORK CITY.

Program Service Accomplishments

Program 1

Expenses: $293,989

ESPI'S CITY SMART SCHOLARS 5TH THROUGH 8TH GRADE PROGRAM IS DESIGNED FOR STUDENTS FROM FAMILIES WHO CANNOT AFFORD PRIVATE TUTORING AND ARE FROM COMMUNITIES WHICH ARE UNDER-REPRESENTED IN NEW YORK...

ESPI'S CITY SMART SCHOLARS 5TH THROUGH 8TH GRADE PROGRAM IS DESIGNED FOR STUDENTS FROM FAMILIES WHO CANNOT AFFORD PRIVATE TUTORING AND ARE FROM COMMUNITIES WHICH ARE UNDER-REPRESENTED IN NEW YORK CITY'S SELECTIVE HIGH SCHOOLS. THE 2023 PROGRAM MET IN UPPER MANHATTAN ON SATURDAYS DURING THE SPRING, SUMMER AND FALL. DURING SPRING STUDENTS WORKED FOR A FULL DAY, RECEIVING INSTRUCTION IN ENGLISH LANGUAGE ARTS AND MATH. ALSO PREPARATION FOR HUNTER TEST HELD IN APRIL 2023 RATHER THAN THE CUSTOMARY JANUARY. STUDENTS WHO COMPLETED THE PROGRAM BECAME ELIGIBLE FOR A FIVE-WEEK SUMMER PROGRAM THAT EMPHASIZED WRITING AND CRITICAL READING SKILLS AND MATH PROBLEM-SOLVING. INCOMING SUMMER STUDENTS WHO RECEIVE HIGH SCORES ON THEIR 5TH GRADE ENGLISH LANGUAGE ARTS AND MATH TESTS WERE ALSO ELIGIBLE FOR A MULTI-WEEK PROGRAM IN THE FALL TO PREPARE THEM FOR THE HUNTER COLLEGE HIGH SCHOOL ADMISSIONS TEST, GIVEN TO 6TH GRADERS IN JANUARY 2024. ENRICHMENT CONTINUED FOR 7th GRADE and in 8TH GRADE DURING THE SUMMER AND FALL TO ASSIST STUDENTS WITH PREPARATION FOR HIGH SCHOOL ADMISSION TESTS.IN 2023, APPROXIMATELY 80 STUDENTS PARTICIPATED IN THE ESPI PROGRAM.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $265,475

Program Service Revenue $0

Investment Income $1,026

Other Revenue $0

TOTAL REVENUE $266,501

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,110

Fundraising Expenses $3,032

Program Expenses $293,989

Other Expenses $257,853

TOTAL EXPENSES $324,963

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,501	$349,450	-0.2%
Expenses	$324,963	$373,499	-0.1%
Net Income	$-58,462	$-24,049	+1.4%

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
VIZHIER MOONEY	PRES. (FORMER)	12.00	Officer Director	$0	$0	$0
ANDY MCCORD	President	12.00	Officer Director	$0	$0	$0
ALEJANDRO MANZO	DIR. & CHAIR.	12.00	Officer Director	$0	$0	$0
JOHN LOONAM	Director	12.00	Director	$0	$0	$0
AMANDA MOSZKOWSKI	Director	12.00	Director	$0	$0	$0
PAMELA ROACH	Director	12.00	Director	$0	$0	$0
AKIL BELLO	Director	12.00	Director	$0	$0	$0
JONATHAN ARAK	Director	12.00	Director	$0	$0	$0
ALEXA SORDEN	Director	4.00	Director	$0	$0	$0
FRED MCINTOSH	Director	12.00	Director	$0	$0	$0
MATT BLUMENFELD	Director	12.00	Director	$0	$0	$0
MELISSA CALDWELL	Director	12.00	Director	$0	$0	$0
LYNDON PARK	Director	12.00	Director	$0	$0	$0
JENNIFER PRINCE	Director	6.00	Director	$0	$0	$0
JON TARNOW	Treasurer	12.00	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
2023	$266,501	$324,963	$82,076	$-58,462
2022	$349,450	$373,499	$141,301	$-24,049
2021	$440,556	$362,004	$163,763	$78,552
2020	$394,755	$314,712	$108,369	$80,043
2019	$276,124	$326,940	$13,267	$-50,816

THE EXAM SCHOOL PARTNERSHIP INITIATIVE INC ATTN ANDY MCCORD