INTERNATIONAL ACADEMY OF NEW YORK

EIN: 822352308 501(c)(3)

NEW YORK, NY

Total Revenue
$3,151,293
Total Expenses
$3,523,103
Total Assets
$2,733,955
Net Assets
$-4,683,414
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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
Principal Officer
NASREEN IKRAM HUSSAIN
Phone
2126410260
Tax Period
2020-01-01 to 2020-12-31

INTERNATIONAL ACADEMY OF NEW YORK, founded in 2017, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2020. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $3.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO OPERATE A BILINGUAL SCHOOL FOR CHILDREN

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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 (2020)

Revenue Breakdown

Contributions & Grants $313,007
Program Service Revenue $2,838,286
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,151,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,850,999
Fundraising Expenses $0
Program Expenses $2,876,503
Other Expenses $1,672,104
TOTAL EXPENSES $3,523,103

Year-over-Year Comparison

2020 2019 Change
Revenue $3,151,293 $2,091,299 +0.5%
Expenses $3,523,103 $3,036,323 +0.2%
Net Income $-371,810 $-945,024 -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

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
2
Independent Members
2
Employees
26
Volunteers
2

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
1
$150,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NASREEN IKRAM HUSSAIN HEAD OF SCHO 40.00
Officer
$150,000 $0 $150,000
ZHEN PENG LIU TRUSTEE 1.00
Director
$0 $0 $0
KEN WONG 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
2020 $3,151,293 $3,523,103 $2,733,955 $-371,810
2019 $2,091,299 $3,036,323 $2,621,279 $-945,024
2018 $298,943 $2,272,053 $2,540,667 $-1,973,110
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