NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HARLEM ACADEMY, founded in 2004, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.3M, a strong 25% operating margin.
HARLEM ACADEMY DRIVES EQUITY OF OPPORTUNITY FOR PROMISING CHILDREN, GUIDING THEM TO THRIVE AT THE HIGHEST ACADEMIC LEVELS AND ONE DAY MAKE A MARK ON THE WORLD.
COMMITMENT TO LOW-INCOME CHILDREN. HARLEM ACADEMY PROVIDES A FULL-NEED SCHOLARSHIP TO 100% OF ENROLLED STUDENTS. THE SCHOOL IS COMMITTED TO A MERITOCRACY WHERE HARD WORK DRIVES THE OPPORTUNITY TO...
COMMITMENT TO LOW-INCOME CHILDREN. HARLEM ACADEMY PROVIDES A FULL-NEED SCHOLARSHIP TO 100% OF ENROLLED STUDENTS. THE SCHOOL IS COMMITTED TO A MERITOCRACY WHERE HARD WORK DRIVES THE OPPORTUNITY TO REALIZE POTENTIAL, AND NO STUDENT IS TURNED AWAY FOR AN INABILITY TO PAY. EXPANDED ENROLLMENT. SINCE RELOCATING TO ITS PERMANENT CAMPUS, HARLEM ACADEMY HAS INCREASED ENROLLMENT FROM 102 IN DECEMBER 2021 TO 182 STUDENTS IN SEPTEMBER 2024, EXPANDING ACCESS TO A RIGOROUS EDUCATION FOR STUDENTS WHOSE POTENTIAL MIGHT OTHERWISE GO UNREALIZED. SECONDARY SCHOOL PLACEMENT. NINETY-TWO PERCENT OF EIGHTH GRADERS FROM THE CLASS OF 2025 EARNED FULL-NEED SCHOLARSHIPS TO INDEPENDENT DAY AND BOARDING SCHOOLS. STUDENTS MATRICULATED AT SCHOOLS INCLUDING DEERFIELD ACADEMY, GREENWICH COUNTRY DAY SCHOOL, KENT SCHOOL, MISS PORTER'S SCHOOL, AND NORTHFIELD MOUNT HERMON, AMONG OTHERS. COLLEGE MATRICULATION. ONE HUNDRED PERCENT OF HARLEM ACADEMY ALUMNI FROM THE CLASS OF 2021 ENROLLED IN FOUR-YEAR COLLEGES. STUDENTS MATRICULATED AT INSTITUTIONS, INCLUDING THE COLLEGE OF THE HOLY CROSS, HOWARD UNIVERSITY, SMITH COLLEGE, SPELMAN COLLEGE, SYRACUSE UNIVERSITY, TULANE UNIVERSITY, UNIVERSITY OF PENNSYLVANIA, AND WESLEYAN UNIVERSITY. PROVIDING A MODEL EDUCATION. HARLEM ACADEMY EXTENDS ITS IMPACT BY SHARING BEST PRACTICES. FACULTY AND LEADERSHIP HAVE PUBLISHED 11 ARTICLES IN EDUCATION JOURNALS AND RELATED OUTLETS, REACHING EDUCATORS, SCHOOL LEADERS, AND POLICYMAKERS NATIONWIDE. THIRD-PARTY RECOGNITION. HARLEM ACADEMY EARNED CHARITY NAVIGATOR'S FOUR-STAR RATING, CANDID'S PLATINUM SEAL OF TRANSPARENCY, AND THE SHIELD OF PROTECTION FROM THE BEAU BIDEN FOUNDATION.
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 | $9,116,078 | $8,335,618 | +0.1% |
| Expenses | $6,811,603 | $6,301,230 | +0.1% |
| Net Income | $2,304,475 | $2,034,388 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| DAVID B PETERSON | CHAIRMAN | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL KENNEY | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| RODNEY POPE | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TONY ASNES | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| RICHARD A AXILROD | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| AVI BANYASZ | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| W GRAHAM COLE JR | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| WILL COOK | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JOSHUA EASTERLY | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| TY ELIE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MARY GANZENMULLER | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ROB HARTEVELDT | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| VALARIE HING | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| THOMAS KLEIN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ANN MACRAE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH MCHENRY | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| BETSY MICHEL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| HANK PRYBYLSKI | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| TOM REYCRAFT | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| RICHARD SCHAPS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| HILLARY THOMAS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MELISSA THOMAS-HUNT | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ALAN WASHINGTON | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| VINCENT DOTOLI | EX-OFFICIO/HEAD OF SCHOOL | 40.00 |
Officer
Director
|
$230,159 | $6,593 | $236,752 |
| LEONARD SMITH | FINANCE DIRECTOR | 40.00 |
Key Emp
|
$174,186 | $5,876 | $180,062 |
| KATHERINE STEINBACH | DEVELOPMENT DIRECTOR | 40.00 |
Key Emp
|
$167,813 | $17,461 | $185,274 |
| KHALIAH ADAMS-JOSEPH | ASSISTANT HEAD OF SCHOOL | 40.00 |
Highest
|
$146,640 | $10,722 | $157,362 |
| VANESSA SCANFELD | STRATEGY DIRECTOR | 40.00 |
Highest
|
$144,944 | $4,348 | $149,292 |
| KRISTY CASTRO | PRIMARY & ELEMENTARY SCHOOL DIRECTOR | 40.00 |
Highest
|
$117,075 | $14,481 | $131,556 |
| WILLIAM BELLER | MIDDLE SCHOOL DIRECTOR | 40.00 |
Highest
|
$110,337 | $9,795 | $120,132 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,116,078 | $6,811,603 | $47,557,131 | $2,304,475 |
| 2024 | $8,335,618 | $6,301,230 | $45,003,724 | $2,034,388 |
| 2023 | $5,546,434 | $5,378,216 | $42,923,413 | $168,218 |
| 2022 | $10,322,774 | $4,493,964 | $43,474,797 | $5,828,810 |
| 2021 | $12,918,363 | $3,478,502 | $36,968,972 | $9,439,861 |
| 2020 | $9,899,504 | $3,932,463 | $26,005,690 | $5,967,041 |
| 2019 | $4,735,984 | $3,965,880 | $19,207,143 | $770,104 |
| 2018 | $7,784,205 | $3,830,804 | $19,757,951 | $3,953,401 |
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