NATIONAL SUMMER SCHOOL INITIATIVE

EIN: 871464717 501(c)(3) Philanthropy & Grantmaking

BROOKLYN, NY

Total Revenue
$3,430,810
Total Expenses
$2,964,131
Total Assets
$3,301,632
Net Assets
$2,944,054
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
CHRIS CERF
Phone
6462476160
Tax Period
2023-09-01 to 2024-08-31

NATIONAL SUMMER SCHOOL INITIATIVE, founded in 2021, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.4M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $3.0M left a modest 14% surplus.

Mission

THE NATIONAL SUMMER SCHOOL INITIATIVE, INC. ACCELERATES STUDENT LEARNING AND DEEPENS TEACHER PRACTICE THROUGH JOYFUL, ACADEMICALLY RIGOROUS SUMMER PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $2,408,520 Revenue: $3,180,810

NSSI PROVIDES SCHOOLS WITH THE TRAINING AND TOOLS NECESSARY TO HELP TEACHERS DELIVER EFFECTIVE SUMMER SCHOOL INSTRUCTION TO THEIR STUDENTS. SINCE 2020, NSSI HAS ESTABLISHED A REPUTATION FOR OFFERING...

Read more

NSSI PROVIDES SCHOOLS WITH THE TRAINING AND TOOLS NECESSARY TO HELP TEACHERS DELIVER EFFECTIVE SUMMER SCHOOL INSTRUCTION TO THEIR STUDENTS. SINCE 2020, NSSI HAS ESTABLISHED A REPUTATION FOR OFFERING ENGAGING AND RIGOROUS SUMMER CURRICULUM THAT ACCELERATES LEARNING AND PROMOTES TEACHER DEVELOPMENT. IN ITS SUMMER 2020 PILOT PROGRAM, NSSI EDUCATED 12,000 STUDENTS IN GRADES 3-8. THE FOLLOWING YEAR, IN SUMMER 2021, THE PROGRAM SERVED 17,981 STUDENTS. IN 2022, NSSI EXPANDED TO INCLUDE K-12 CONTENT, REACHING 27,000 STUDENTS. ENROLLMENT CONTINUED TO GROW IN 2023, WITH 48,442 STUDENTS PARTICIPATING. IN 2024, NSSI EXPERIENCED A DRAMATIC INCREASE, SERVING 81,885 STUDENTS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $3,180,810
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,430,810

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,268,619
Fundraising Expenses $181,736
Program Expenses $2,408,520
Other Expenses $695,512
TOTAL EXPENSES $2,964,131

Year-over-Year Comparison

2023 2022 Change
Revenue $3,430,810 $3,797,555 -0.1%
Expenses $2,964,131 $2,665,791 +0.1%
Net Income $466,679 $1,131,764 -0.6%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
13
Volunteers
5

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
$289,905
Total Directors
5
$0
Key Employees
3
$587,722
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS CERF BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
EDWARD HUI SECRETARY 1.00
Officer Director
$0 $0 $0
IAN ROWE TREASURER 1.00
Officer Director
$0 $0 $0
JACKSON COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
DE'SHAWN WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN F WILSON CHIEF EXECUTIVE OFFICER 40.00
Officer
$277,431 $12,474 $289,905
KERI N HUBBARD CHIEF OF PROGRAM 40.00
Key Emp
$208,268 $13,958 $222,226
DOUGLAS MCCURRY CHIEF PARTNERSHIPS 40.00
Key Emp
$187,828 $1,061 $188,889
CARL-ANTHONY WATSON CONSULTING CHIEF OPERATING OFFICER 40.00
Key Emp
$172,119 $4,488 $176,607
CHERYL M KELLEY-HENDERSON ASSOCIATE DIRECTOR, ELA 40.00
Highest
$127,910 $7,263 $135,173
MADELINE LEVINE SR DIRECTOR OF OPERATIONS 40.00
Highest
$155,515 $9,331 $164,846
BRITTANY V LEAVERTON SENIOR DIRECTOR, ELA 40.00
Highest
$114,916 $4,693 $119,609
JESSICA WAGNER ASSOCIATE DIRECTOR, OPERATIONS 40.00
Highest
$111,202 $19,265 $130,467
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 $3,430,810 $2,964,131 $3,301,632 $466,679
2023 $3,797,555 $2,665,791 $2,629,377 $1,131,764
2022 $3,579,182 $2,233,571 $1,624,223 $1,345,611
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NATIONAL SUMMER SCHOOL INITIATIVE with other nonprofits in New York and across the country.