BRONX, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARETE EDUCATION INC, founded in 2012, is a community nonprofit in the Youth Development sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum.
ARETE OPERATES AFTERSCHOOL AND SUMMER PROGRAMS IN NEW YORK CITY PUBLIC SCHOOLS
ARETE EDUCATION TRAINS AND EMPOWERS YOUTH TO LEAD SUCCESSFUL LIVES BY GETTING STUDENTS INTO GOOD COLLEGES, GOOD JOBS, AND HEALTHY MINDSETS. ARETE CLOSES THE EXPERIENCE GAP WITH AN ADDITIONAL 500...
ARETE EDUCATION TRAINS AND EMPOWERS YOUTH TO LEAD SUCCESSFUL LIVES BY GETTING STUDENTS INTO GOOD COLLEGES, GOOD JOBS, AND HEALTHY MINDSETS. ARETE CLOSES THE EXPERIENCE GAP WITH AN ADDITIONAL 500 HOURS OF ACADEMIC AND ENRICHMENT EXPERIENCES AND PROVIDES ACCESS TO BOOKS AND COMPUTERS, HEALTHY MEALS, STRUCTURED EXERCISE, SOCIAL-EMOTIONAL LEARNING, PAID INTERNSHIPS, FINANCIAL LIFE SKILLS, MENTORSHIP, AND TRIPS TO CULTURAL INSTITUTIONS. ARETE'S CORE YOUTH DEVELOPMENT SERVICES INCLUDE: (1) EXPANDED DAY FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS; (2) SUMMER BRIDGE PROGRAM THAT INTEGRATES ARTS AND ACADEMICS IN AN ALL-DAY, FIVE-WEEK FORMAT; (3) COLLEGE BRIDGE PROGRAM THAT COMBINES HIGH SCHOOL CREDIT ACCELERATION AND PAID INTERNSHIPS IN A FIVE-WEEK FORMAT; (4) WORK-BASED LEARNING AND PAID INTERNSHIPS IN TEACHING, STEM, AND THE ARTS; (5) INTEGRATED COLLEGE ACCESS SERVICES; AND (6) YEAR-ROUND SERVICE LEARNING AND LEADERSHIP YOUTH DEVELOPMENT.ARETE SERVES NEW YORK CITY COMMUNITIES, SPECIFICALLY THE SOUTH BRONX (MOTT HAVEN), BROOKLYN NORTH (BED-STUY), AND MANHATTAN (WASHINGTON HEIGHTS AND INWOOD). WE PARTNER WITH PUBLIC NYCDOE SCHOOLS, COLLEGES, UNIVERSITIES, AND INDUSTRY PARTNERS IN EDUCATION, FINANCE, STEM, THE ARTS, AND HEALTH FIELDS. WE SERVE STUDENTS IN PRIMARY AND SECONDARY PUBLIC SCHOOL PARTNERSHIPS, OFFERING FULL-SERVICE YOUTH PROGRAMMING IN NYCDOE SITES WHEN SCHOOLS ARE NOT IN SESSION, INCLUDING AFTERSCHOOL, SATURDAYS, SCHOOL VACATIONS, AND SUMMER. OUR PROGRAM MODEL FOR YOUNGER YOUTH CENTERS ON SOCIAL-EMOTIONAL LEARNING, INDIVIDUALIZED ACADEMICS SUCH AS TUTORING AND LITERACY INTERVENTIONS, AND ENRICHMENT INCLUDING SPORTS, CAREER EXPOSURE, STEM, AND THE ARTS. THIS MODEL PROVIDES 500 ADDITIONAL HOURS OF ACADEMICS AND ENRICHMENT EACH YEAR. WE EMPLOY OLDER YOUTH AT EVERY LEVEL OF OUR ORGANIZATION, INCLUDING AS INTERNS, PROGRAM STAFF, AND ORGANIZATIONAL LEADERS. WE CLOSE THE YOUNG ADULTHOOD EXPERIENCE GAP BY PROVIDING 500 HOURS EACH YEAR OF MENTORING, NETWORKING, AND CAREER DEVELOPMENT SKILLS THROUGH PAID INTERNSHIPS AND JOB PLACEMENT. IN FY24, OUR KEY PROGRAM ACCOMPLISHMENTS INCLUDED: (1) A 97% PERCENT FOUR-YEAR HIGH SCHOOL GRADUATION RATE IN SCHOOLS WITH A 99 PERCENT POVERTY RATE; (2) AT OUR FLAGSHIP SCHOOL, 65% OF THE GRADUATING CLASS ENROLLED AT A 4-YEAR INSTITUTION; 23% OF THE GRADUATING CLASS ENROLLED AT A 2-YEAR INSTITUTION; 10% OF THE GRADUATING CLASS ENROLLED IN AN ALTERNATIVE POST-SECONDARY PATHWAY (3) DELIVERY OF 500 EXTRA HOURS OF ACADEMIC AND EXTRACURRICULAR EXPERIENCES TO 1,500 STUDENTS IN THE BRONX, BROOKLYN, AND WASHINGTON HEIGHTS. THESE EXPERIENCES PROVIDED ACCESS TO (1) LITERACY SUPPORT THROUGH TUTORING, BOOKS, AND COMPUTERS; (2) WELLNESS PROGRAMMING INCLUDING HEALTHY MEALS, SOCIAL-EMOTIONAL LEARNING, AND TEAM SPORTS; (3) CAREER DEVELOPMENT THROUGH PAID INTERNSHIPS, JOBS, FINANCIAL LIFE SKILLS, AND STEM MENTORSHIP; AND (4) ARTS PROGRAMMING INCLUDING DANCE, MEDIA PRODUCTION, VISUAL ARTS, AND TRIPS TO CULTURAL INSTITUTIONS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,747,065 | $1,195,519 | +0.5% |
| Expenses | $1,847,806 | $895,518 | +1.1% |
| Net Income | $-100,741 | $300,001 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| GABRIEL HERNANDEZ | Executive Dir. | 40.00 |
Officer
|
$118,535 | $10,176 | $128,711 |
| SARAH BENIS SCHEIER DOLBERG | President | 32.00 |
Officer
|
$75,000 | $0 | $75,000 |
| GEBRINA B ROBERTS | Dir.of Fin & Op | 24.00 |
Officer
|
$75,000 | $0 | $75,000 |
| SAM ALEXANDER | Secretary/COO | 24.00 |
Officer
Director
|
$16,844 | $5,088 | $21,932 |
| MCEVANS FRANCOIS | President | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT MCCAMBRIDGE | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDRA NUNEZ-GOMEZ | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERICA F SEALEY | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY HOLLOWAY | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KHOLOFELO MOTHIBI | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| YESY ROBLES | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| RAYMOND SANCHEZ | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JARED STELLER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2024 | $1,747,065 | $1,847,806 | $1,023,366 | $-100,741 |
| 2023 | $1,195,519 | $1,279,377 | $831,925 | $-83,858 |
| 2022 | $692,847 | $658,225 | $619,163 | $34,622 |
| 2021 | $1,681,301 | $1,920,953 | $552,003 | $-239,652 |
| 2020 | $1,509,408 | $1,616,737 | $993,657 | $-107,329 |
| 2019 | $1,611,082 | $1,362,687 | $1,018,717 | $248,395 |
| 2018 | $1,193,513 | $822,067 | $689,239 | $371,446 |
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