ZETA CHARTER SCHOOLS - NEW YORK CITY (EIN 823452377) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

KERI HOYT

Phone

9173302296

Tax Period

2024-07-01 to 2025-06-30

ZETA CHARTER SCHOOLS - NEW YORK CITY, founded in 2018, is a mid-sized nonprofit in the Education sector that reported $88.2M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

TO BUILD AND SUSTAIN HIGH-PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,081,588

Program Service Revenue $79,045,965

Investment Income $1,095,902

Other Revenue $24,861

TOTAL REVENUE $88,248,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,972,317

Fundraising Expenses $0

Program Expenses $82,906,586

Other Expenses $52,962,778

TOTAL EXPENSES $88,935,095

Year-over-Year Comparison

	2024	2023	Change
Revenue	$88,248,316	$73,499,796	+0.2%
Expenses	$88,935,095	$67,037,516	+0.3%
Net Income	$-686,779	$6,462,280	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

561

Volunteers

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

$921,418

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERI HOYT	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
SHANNON KETE	VICE CHAIRPERSON (THRU 07/2024)	1.00	Officer Director	$0	$0	$0
NICOLE BRISBANE	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELE CARACAPPA	TRUSTEE	1.00	Director	$0	$0	$0
TYRONE DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
KEN MCCLURE	TRUSTEE	1.00	Director	$0	$0	$0
MANELLY MORENO	PRINCIPAL	50.00	Officer	$103,829	$24,738	$128,567
AMENATA MAGIRAGA	PRINCIPAL	50.00	Officer	$160,099	$11,488	$171,587
NOREEN COOKE-COLEMAN	PRINCIPAL	50.00	Officer	$139,128	$40,491	$179,619
MOMIMA MANZOOR	PRINCIPAL	50.00	Officer	$118,681	$15,889	$134,570
JANAI HARRIS	PRINCIPAL	50.00	Officer	$124,282	$21,822	$146,104
BRIAN ZIED	CHIEF FINANCIAL OFFICER	50.00	Officer	$0	$0	$0
KIWANA YATES	PRINCIPAL	50.00	Officer	$135,453	$25,518	$160,971
ANA MARTINEZ	SCHOOL MANAGER	50.00	Highest	$158,272	$24,286	$182,558
SHAUN SYLVESTER BENJAMIN	ASSISTANT PRINCIPAL	50.00	Highest	$134,165	$16,029	$150,194
LINDSAY NIXON	OPERATIONS DIRECTOR	50.00	Highest	$126,203	$11,023	$137,226
TAMIKA CARRINGTON	OPERATIONS DIRECTOR	50.00	Highest	$113,344	$26,040	$139,384
EDWARD MACENULTY	OPERATIONS DIRECTOR	50.00	Highest	$114,980	$26,280	$141,260

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	$88,248,316	$88,935,095	$315,043,518	$-686,779
2024	No data	No data	No data	No data
2023	$51,996,750	$49,320,659	$228,988,582	$2,676,091
2022	$39,321,336	$35,743,870	$28,156,705	$3,577,466
2021	$24,042,847	$19,250,620	$8,294,050	$4,792,227
2020	$12,775,104	$11,975,019	$2,996,737	$800,085
2019	$9,071,648	$9,348,051	$2,462,560	$-276,403

ZETA CHARTER SCHOOLS - NEW YORK CITY