CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (EIN 562453276) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

EDUARDO LAGUERRE

Phone

2127867913

Tax Period

2024-07-01 to 2025-06-30

CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $24.4M in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,346,730

Program Service Revenue $21,416,706

Investment Income $633,935

Other Revenue $0

TOTAL REVENUE $24,397,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,353,629

Fundraising Expenses $0

Program Expenses $22,203,045

Other Expenses $12,640,117

TOTAL EXPENSES $25,993,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,397,371	$24,971,613	0.0%
Expenses	$25,993,746	$25,919,520	+0.0%
Net Income	$-1,596,375	$-947,907	+0.7%

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

Governance

Voting Members

Independent Members

Employees

180

Volunteers

N/A

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

$631,718

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA JACARUSO	PRINCIPAL -	40.00	Officer	$180,933	$0	$180,933
MICHAEL DESIMONE	PHYS ED/ATHL	40.00	Highest	$171,552	$0	$171,552
JENNIFER SPINA	PRINCIPAL -	40.00	Officer	$168,216	$0	$168,216
DWAIN PALMER	PRINCIPAL -	40.00	Officer	$167,045	$0	$167,045
MEILING PEREZ	DEAN OF STUD	40.00	Highest	$128,214	$0	$128,214
MARGARET O'DONNELL	ELA DIRECTOR	40.00	Highest	$126,933	$0	$126,933
MEAGAN BOYLE	AIS TEACHER	40.00	Highest	$121,529	$0	$121,529
LINDSEY CONTI	SPED DIRECTO	40.00	Highest	$115,772	$0	$115,772
DANIELLE RENDINA	INTERIM EXEC	40.00	Officer	$115,524	$0	$115,524
NADINE BURNS-LYONS	SECRETARY	1.00	Officer Director	$0	$0	$0
SOBEIDA CRUZ	TREASURER	1.00	Officer Director	$0	$0	$0
GREG NANNERY ESQ	TRUSTEE	1.00	Director	$0	$0	$0
WILSON SOTO ESQ	VICE-CHAIRMA	1.00	Director	$0	$0	$0
ERIKA FERMIN	PTO PRESIDEN	1.00	Director	$0	$0	$0
EDUARDO LAGUERRE	BOARD CHAIRM	1.00	Officer Director	$0	$0	$0
MICHAEL OLMEDA	TRUSTEE	1.00	Director	$0	$0	$0
CARLA J DUBOSE-SIMMONS PHD	TRUSTEE	1.00	Director	$0	$0	$0
REV ESTEBAN DANIEL RIVERA	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
2025	$24,397,371	$25,993,746	$84,433,418	$-1,596,375
2024	No data	No data	No data	No data
2023	$23,195,612	$24,859,746	$88,631,393	$-1,664,134
2022	$20,025,889	$21,284,762	$65,423,566	$-1,258,873
2021	$17,026,489	$15,150,300	$67,930,963	$1,876,189
2020	$15,287,590	$13,656,103	$64,636,668	$1,631,487
2019	$13,609,931	$12,230,349	$19,747,238	$1,379,582

CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE