HEBREW LANGUAGE ACADEMY CHARTER SCHOOL 2

EIN: 814669534 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$10,508,408
Total Expenses
$11,120,498
Total Assets
$56,687,564
Net Assets
$2,940,786
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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
2016
Legal Domicile
NY
Principal Officer
KATIE PASSLEY
Phone
7186825610
Tax Period
2024-07-01 to 2025-06-30

HEBREW LANGUAGE ACADEMY CHARTER SCHOOL 2, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $10.5M in total revenue in fiscal year 2024.

Mission

HEBREW LANGUAGE ACADEMY CHARTER SCHOOL 2 (HLA2) PROVIDES ITS STUDENTS WITH THE ACADEMIC AND PERSONAL FOUNDATION NECESSARY TO SUCCESSFULLY PURSUE ADVANCED STUDIES AND ACHIEVE CONTINUED PERSONAL GROWTH AS ETHICAL AND INFORMED GLOBAL CITIZENS.

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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 $934,558
Program Service Revenue $9,482,939
Investment Income $90,911
Other Revenue $0
TOTAL REVENUE $10,508,408

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,880,657
Fundraising Expenses $0
Program Expenses $10,126,162
Other Expenses $6,239,841
TOTAL EXPENSES $11,120,498

Year-over-Year Comparison

2024 2023 Change
Revenue $10,508,408 $10,678,875 0.0%
Expenses $11,120,498 $10,158,736 +0.1%
Net Income $-612,090 $520,139 -2.2%
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

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Governance

Voting Members
8
Independent Members
8
Employees
60
Volunteers
8

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
$189,519
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM S MILLER CHAIR 5.00
Officer Director
$0 $0 $0
SUSAN FOX TREASURER 5.00
Officer Director
$0 $0 $0
STELLA BINKEVICH TRUSTEE 3.00
Director
$0 $0 $0
MIKE TOBMAN VICE CHAIR 5.00
Officer Director
$0 $0 $0
ELLA ZALKIND TRUSTEE 3.00
Director
$0 $0 $0
ALICE LI SECRETARY 3.00
Officer Director
$0 $0 $0
WILL MACK TRUSTEE 3.00
Director
$0 $0 $0
JOANNE CAVANAUGH TRUSTEE 3.00
Director
$0 $0 $0
KATIE PASSLEY HEAD OF SCHOOL 40.00
Officer
$166,078 $23,441 $189,519
KEVIN MARA DIRECTOR OF CULTURE 40.00
Highest
$119,084 $41,502 $160,586
VALENCIA CHAPMAN-THOMPSON ASSISTANT HEAD OF SCHOOL 40.00
Highest
$112,609 $34,156 $146,765
SARIT DELOUYA ACADEMIC DEAN 40.00
Highest
$100,861 $36,375 $137,236
MELISSA PUELLO DIRECTOR OF OPERATIONS 40.00
Highest
$114,249 $17,785 $132,034
ANNECIA WILLIAMS TEACHER 40.00
Highest
$100,583 $17,983 $118,566
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 $10,508,408 $11,120,498 $56,687,564 $-612,090
2024 No data No data No data No data
2023 $9,621,632 $9,380,496 $5,744,969 $241,136
2022 $8,085,875 $7,326,728 $3,616,695 $759,147
2021 $7,570,963 $6,601,473 $3,297,057 $969,490
2020 $6,386,964 $6,067,834 $2,075,235 $319,130
2019 $5,428,052 $4,931,818 $1,134,271 $496,234
2018 $3,854,130 $3,581,639 $585,233 $272,491
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