EXPLORATION ELEMENTARY CHARTER SCHOOL FOR SCIENCE & TECHNOLOGY

EIN: 810929865 501(c)(3) Education

ROCHESTER, NY

Total Revenue
$7,892,295
Total Expenses
$6,417,064
Total Assets
$5,355,380
Net Assets
$4,199,742
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
RACHELLE SIMMONS
Phone
5854984700
Tax Period
2022-07-01 to 2023-06-30

EXPLORATION ELEMENTARY CHARTER SCHOOL FOR SCIENCE & TECHNOLOGY, founded in 2015, is a community nonprofit in the Education sector that reported $7.9M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.5M, a strong 19% operating margin.

Mission

EXPLORATION'S ACADEMIC PROGRAM BALANCES EXPLICIT INSTRUCTION IN CORE CONTENT AREAS WITH INNOVATIVE OPPORTUNITIES, ALLOWING STUDENTS TIME TO EXPLORE, RESEARCH, DIRECT, EXPERIMENT, AND INTERACT WITH KNOWLEDGE AS THEY APPROACH NEW INFORMATION WITH EXCITEMENT, A SENSE OF INQUIRY, AND CONFIDENCE TO PROMOTE ACADEMIC ACHIEVEMENT AND LIFE-LONG LEARNING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,923,039
Program Service Revenue $5,961,982
Investment Income $7,274
Other Revenue $0
TOTAL REVENUE $7,892,295

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,458,396
Fundraising Expenses $0
Program Expenses $5,185,931
Other Expenses $1,958,668
TOTAL EXPENSES $6,417,064

Year-over-Year Comparison

2022 2021 Change
Revenue $7,892,295 $7,091,489 +0.1%
Expenses $6,417,064 $6,174,403 +0.0%
Net Income $1,475,231 $917,086 +0.6%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
63
Volunteers
14

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
5
$131,387
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS CONG TRUSTEE 1.00
Director
$0 $0 $0
LONETTE MERRIMAN TREASURER 1.00
Officer Director
$0 $0 $0
MAYA CRANE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
KIMBERLY LOMAGLIO SECRETARY 1.00
Officer Director
$0 $0 $0
SAMANTHA COLSON VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SAM PITTS TRUSTEE 1.00
Director
$0 $0 $0
DEBRA MCEWEN TRUSTEE 1.00
Director
$0 $0 $0
HERB ESHER TRUSTEE 1.00
Director
$0 $0 $0
FELECIA DRYSDALE TRUSTEE 1.00
Director
$0 $0 $0
WILNIECA WHITE PARENT REP 1.00
Director
$0 $0 $0
RACHELLE SIMMONS PRINCIPAL 40.00
Officer
$113,427 $17,960 $131,387
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 No data No data No data No data
2024 No data No data No data No data
2023 $7,892,295 $6,417,064 $5,355,380 $1,475,231
2022 $7,091,489 $6,174,403 $3,187,142 $917,086
2021 $5,570,251 $4,024,931 $2,523,231 $1,545,320
2020 $4,170,175 $3,777,600 $1,074,588 $392,575
2019 $2,837,615 $2,835,758 $352,702 $1,857
2018 $2,408,653 $2,614,518 $484,368 $-205,865
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