THE ACADEMY CHARTER SCHOOL

EIN: 800353508 501(c)(3) Education

HEMPSTEAD, NY

Total Revenue
$96,784,164
Total Expenses
$96,012,159
Total Assets
$195,848,489
Net Assets
$14,538,174
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
BARRINGTON GOLDSON
Phone
5164082200
Tax Period
2024-07-01 to 2025-06-30

THE ACADEMY CHARTER SCHOOL, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $96.8M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Create world class competitive scholars who will LEARN today, LEAD tomorrow, and SERVE in the future.To graduate students with the content mastery and life skills needed to move into the top five percent of their middle and high school classes.To accomplish this, The Academy Charter School offers an exceptional interdisciplinary curriculum in a technology-rich environment that challenges students to explore connections across subjects and use experiential learning to bridge the gaps between theory and practice.Our Philosophy:Core Mastery, Character Development, and Community AwarenessOur school will improve student academic achievement by focusing on three important areas of our childrens growth that will enable them to be empowered adults: mastery of academic subjects, an intensive focus on character development, and fostering a lifelong behavior of giving back to their community.To graduate students with the content mastery and life skills needed to move into the top five percent of

Program Service Accomplishments

Program 1
Expenses: $65,533,619 Revenue: $88,737,218

REGULAR EDUCATIONACADEMIC PROGRAMS ELEMENTARY SCHOOL AND MIDDLE SCHOOL:The Academy Charter School has a rich, rigorous curriculum that provides students with the necessary skills and learning...

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REGULAR EDUCATIONACADEMIC PROGRAMS ELEMENTARY SCHOOL AND MIDDLE SCHOOL:The Academy Charter School has a rich, rigorous curriculum that provides students with the necessary skills and learning experiences needed for sustained academic achievement. The curriculum is responsible to the New York State Education Departments guidelines and is fully aligned with the national Common Core State Standards for English Language Arts and Literacy in History/Social Studies, Science, and Technical Subjects. These standards are K-12 and provide grade-level expectations for achievement. The CCSS are the culmination of an extended, broad-based effort to fulfill the charge issued by the states to create the next generation of K12 standards in order to help ensure that all students are college and career ready in literacy no later than the end of high school.The Common Core State Standards are:1. research and evidence based2. aligned with college and work expectations3. rigorous4. internationally benchmarked. A particular standard was included in the overall selection of Common Core State Standards only when the best available evidence indicated that its mastery was essential for college and career readiness in a twenty-first century, globally competitive society. The Standards are intended to be a living work: as new and better evidence emerges, the Standards will be revised accordingly.The Standards set requirements not only for English language arts (ELA) but also for literacy in history/social studies, science, and technical subjects. Just as students must learn to read, write, speak, listen, and use language effectively in a variety of content areas, so too must the Standards specify the literacy skills and understandings required for college and career readiness in multiple disciplines. Students who meet the Standards develop the skills in reading, writing, speaking, and listening that are the foundation for any creative and purposeful expression in language.

Program 2
Expenses: $5,251,023

FOOD SUBSIDY PROGRAM

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,637,596
Program Service Revenue $92,741,301
Investment Income $1,056,204
Other Revenue $349,063
TOTAL REVENUE $96,784,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,605,558
Fundraising Expenses $0
Program Expenses $70,784,642
Other Expenses $36,406,601
TOTAL EXPENSES $96,012,159

Year-over-Year Comparison

2024 2023 Change
Revenue $96,784,164 $87,814,282 +0.1%
Expenses $96,012,159 $86,535,146 +0.1%
Net Income $772,005 $1,279,136 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
7
Employees
787
Volunteers
7

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
11
$2,317,651
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR NICHOLAS STAPLETON CAO 40.00
Officer
$365,602 $48,538 $414,140
BISHOP BARRINGTON GOLDSON CEO 40.00
Officer
$341,115 $26,165 $367,280
SANDREA ONEIL General Counsel 40.00
Officer
$293,068 $43,161 $336,229
Alwayne Burke Group CFO 40.00
Officer
$291,465 $41,408 $332,873
WAYNE HAUGHTON ED/CDO 40.00
Officer
$292,852 $33,693 $326,545
Oddette Williams Deputy Chief Acade 40.00
$206,768 $19,620 $226,388
Donna Douglas sr. dir of ops 40.00
$197,392 $20,720 $218,112
Travis Holloway Principal 40.00
$172,633 $39,677 $212,310
Felicia Barracks COO 40.00
Officer
$182,106 $26,118 $208,224
Wayne Peterkin Dp Chf of Academic 40.00
$175,703 $26,854 $202,557
Dezmarie Hines Dp Chf of Academic 40.00
$183,527 $18,293 $201,820
Carl Johnson CFO 40.00
Officer
$174,732 $7,182 $181,914
Donovan Henry CFO 40.00
Officer
$131,720 $18,726 $150,446
ROBERT STEWART Board Chair 1.00
Officer Director
$0 $0 $0
DAWN WEST Vice Chair 1.00
Officer Director
$0 $0 $0
DALE JAMES Treasurer 1.00
Officer Director
$0 $0 $0
Stephen Rowley Trustee 1.00
Director
$0 $0 $0
RODERICK ROBERTS Trustee 1.00
Director
$0 $0 $0
MARIE GRAHAM Trustee 1.00
Director
$0 $0 $0
DR ROGER BALL Trustee 1.00
Director
$0 $0 $0
CAROL BECKLES Trustee 1.00
Director
$0 $0 $0
CLAUDETTE HARRISON Trustee 1.00
Director
$0 $0 $0
DOROTHY BURTON 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 $96,784,164 $96,012,159 $195,848,489 $772,005
2024 $87,814,282 $86,535,146 $191,257,616 $1,279,136
2023 $83,623,145 $78,269,453 $193,310,411 $5,353,692
2022 $67,589,131 $68,465,392 $181,210,235 $-876,261
2021 $54,353,660 $50,966,280 $181,369,373 $3,387,380
2020 $42,238,674 $41,397,362 $99,731,465 $841,312
2019 $34,222,367 $32,336,477 $95,762,158 $1,885,890
2018 $21,637,638 $21,997,467 $91,782,706 $-359,829
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