PENINSULA PREPARATORY ACADEMY CHARTER SCHOOL

EIN: 861106640 501(c)(3) Education

FAR ROCKAWAY, NY

Total Revenue
$7,096,364
Total Expenses
$7,747,788
Total Assets
$1,015,045
Net Assets
$-875,739
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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
2004
Legal Domicile
NY
Principal Officer
BETTY LEON ESQ
Phone
3474039231
Tax Period
2022-07-01 to 2023-06-30

PENINSULA PREPARATORY ACADEMY CHARTER SCHOOL, founded in 2004, is a community nonprofit in the Education sector that reported $7.1M in total revenue in fiscal year 2022.

Mission

THE PENINSULA PREPARATORY ACADEMY CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL FOR CHILDREN IN KINDERGARTEN AND FIRST THROUGH FIFTH GRADE LOCATED IN FAR ROCKAWAY, NEW YORK. IT EDUCATES CHILDREN ON A COMPLETELY NONDISCRIMINATORY AND SECULAR BASIS.

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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 $1,506,131
Program Service Revenue $5,580,377
Investment Income $0
Other Revenue $9,856
TOTAL REVENUE $7,096,364

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,407,278
Fundraising Expenses $0
Program Expenses $6,594,208
Other Expenses $2,340,510
TOTAL EXPENSES $7,747,788

Year-over-Year Comparison

2022 2021 Change
Revenue $7,096,364 $7,180,192 0.0%
Expenses $7,747,788 $7,507,959 +0.0%
Net Income $-651,424 $-327,767 +1.0%
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
10
Independent Members
10
Employees
78
Volunteers
9

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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON PIERRE CFO 40.00
$166,617 $29,724 $196,341
Rachele Pierre Director of Studen 40.00
$137,548 $31,652 $169,200
Angela Inforna Pre-K Director 40.00
$126,126 $29,159 $155,285
BETTY LEON ESQ CHAIRPERSON 1.50
Officer Director
$0 $0 $0
Sylvester Okonkwo Member 1.50
Director
$0 $0 $0
JACQUELINE BURTON-WAAL Secretary 1.50
Officer Director
$0 $0 $0
Brandon Jeffries Treasurer 1.50
Officer Director
$0 $0 $0
DORETHA MCFADDEN VICE-CHAIRPER. 1.50
Officer Director
$0 $0 $0
Randy Hall Member 1.50
Director
$0 $0 $0
Jenny Young Member 1.50
Director
$0 $0 $0
Kevin Alexander Member 1.50
Director
$0 $0 $0
Constance Blackman Member 1.50
Director
$0 $0 $0
MALIK Saunders MEMBER 1.50
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $7,096,364 $7,747,788 $1,015,045 $-651,424
2022 $7,180,192 $7,507,959 $789,683 $-327,767
2021 $5,990,260 $6,343,802 $1,679,772 $-353,542
2020 $6,735,279 $6,658,441 $1,089,064 $76,838
2019 $6,050,938 $6,280,714 $1,118,056 $-229,776
2018 $5,982,689 $5,938,106 $1,365,049 $44,583
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