FRIENDS OF INWOOD ACADEMY FOR LEADERSHIP CHARTER SCHOOL INC

EIN: 821870534 501(c)(3) Education

NEW YORK, NY

Total Revenue
$6,969,565
Total Expenses
$5,498,267
Total Assets
$45,791,961
Net Assets
$3,353,231
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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
2017
Legal Domicile
NY
Phone
2123040103
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF INWOOD ACADEMY FOR LEADERSHIP CHARTER SCHOOL INC, founded in 2017, is a community nonprofit in the Education sector that reported $7.0M in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 21% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO AND TO FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSE OF THE INWOOD ACADEMY FOR LEADERSHIP CHARTER SCHOOL IN NEW YORK.

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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 $0
Program Service Revenue $6,694,821
Investment Income $15,779
Other Revenue $258,965
TOTAL REVENUE $6,969,565

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,459,100
Other Expenses $5,498,267
TOTAL EXPENSES $5,498,267

Year-over-Year Comparison

2024 2023 Change
Revenue $6,969,565 $3,611,851 +0.9%
Expenses $5,498,267 $2,856,146 +0.9%
Net Income $1,471,298 $755,705 +0.9%
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
4
Independent Members
4
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINA REYES SECRETARY 1.0
Officer Director
$0 $0 $0
JONATHAN ZUCKER TREASURER 1.0
Officer Director
$0 $0 $0
MATTHEW MAHONEY CHAIRPERSON 1.0
Officer Director
$0 $0 $0
JAY PATRICK TRUSTEE 1.0
Director
$0 $0 $0
JENNY PICHARDO VOLUNTEER CFO 1.0
Officer
$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 $6,969,565 $5,498,267 $45,791,961 $1,471,298
2024 $3,611,851 $2,856,146 $45,468,470 $755,705
2023 $3,282,629 $3,423,779 $16,711,653 $-141,150
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