THE ACADEMY CHARTER SCHOOL 2

EIN: 873399013 501(c)(3) Education

HEMPSTEAD, NY

Total Revenue
$10,906,699
Total Expenses
$14,134,012
Total Assets
$46,860,939
Net Assets
$-5,063,535
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
BARRINGTON GOLDSON
Phone
5164082200
Tax Period
2024-07-01 to 2025-06-30

THE ACADEMY CHARTER SCHOOL 2, founded in 2021, is a mid-sized nonprofit in the Education sector that reported $10.9M in total revenue in fiscal year 2024. Revenue surged 137% from the prior year, signaling strong growth momentum. Expenses of $14.1M exceeded revenue, resulting in a 30% operating deficit.

Mission

The mission of TACS2 is to offer an interdisciplinary curriculum in a technology-rich environment that challenges students to explore connections across subjects and use experiential learning to bridge the gaps between theory and practice. Enrollment is open to all potential student candidates, with a preference for those residing in the immediate area.

Program Service Accomplishments

Program 1
Expenses: $11,305,672

The Schools instructional program is specifically designed to meet all of the New York State Next Generation Standards in English Language Arts, Mathematics, as well as New York State Standards for...

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The Schools instructional program is specifically designed to meet all of the New York State Next Generation Standards in English Language Arts, Mathematics, as well as New York State Standards for Science and Social Studies. It is The Schools goal to meet and exceed student performance and assessment standards in students. Instruction is age/grade appropriate with a strong emphasis on the development of students social and academic skills through character building activities. The curricula are focused on building content knowledge and skills to satisfy the requirements for both college preparation and career readiness, and include a strong emphasis on Science, Technology, Engineering and Mathematics (STEM).TACS2 plans to use at the Wyandanch Campus the same curricula currently utilized at the various grades at TACS1s existing elementary school operations in Hempstead and Uniondale.The School offers interdisciplinary curricula that address the academic needs of all students. The Schools curricula are research-based in reading, writing, mathematics, social studies, science, and STEM. Teachers use state of the art presentation technology (interactive boards, document cameras, and related components that enhance instruction and learning) in all subject areas to enhance and differentiate instruction providing multimodal, hands-on, and real-life experiences. Each classroom is equipped with computers. Computer-based instructional programs are used to provide intervention and enrichment opportunities for students. There is a strong emphasis placed on writing in all subject areas.The instructional program caters to the individual academic needs of each child. The use of data through ongoing assessments provides real time information to inform instruction. The information that is gathered is used to provide academic intervention services for struggling students as well as enrichment and challenging activities for all students.

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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 $749,010
Program Service Revenue $10,157,689
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,906,699

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,717,437
Fundraising Expenses $0
Program Expenses $11,305,672
Other Expenses $7,416,575
TOTAL EXPENSES $14,134,012

Year-over-Year Comparison

2024 2023 Change
Revenue $10,906,699 $4,596,597 +1.4%
Expenses $14,134,012 $6,027,830 +1.3%
Net Income $-3,227,313 $-1,431,233 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
7
Employees
91
Volunteers
10

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
11
$2,317,651
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Nicholas Stapleton CAO 1.00
Officer
$0 $48,538 $414,140
Bishop Barrington Goldson CEO 1.00
Officer
$0 $26,165 $367,280
Sandrea ONeil General Council 1.00
Officer
$0 $43,161 $336,229
Alwayne Burke Group CFO 1.00
Officer
$0 $41,408 $332,873
Wayne Haughton ED/CDO 1.00
Officer
$0 $33,693 $326,545
Felicia Barracks COO 1.00
Officer
$0 $26,118 $208,224
Quinton Dupree Principal 40.00
$167,935 $27,250 $195,185
Carl Johnson CFO 1.00
Officer
$0 $7,182 $181,914
Donovan Henry CFO 1.00
Officer
$0 $18,726 $150,446
Tyisha Wilson Asst. Principal 40.00
$110,973 $21,161 $132,134
Carla Hemingway-king Instr. Coach 40.00
$110,258 $14,790 $125,048
Robert Stewart Board Chair 1.00
Officer Director
$0 $0 $0
Dawn West Vice Chair 1.00
Officer Director
$0 $0 $0
Dale James Treasurer 1.00
Officer Director
$0 $0 $0
Stephen Rowley Trustee 1.00
Director
$0 $0 $0
Roderick Roberts Trustee 1.00
Director
$0 $0 $0
Marie Graham Trustee 1.00
Director
$0 $0 $0
Dorothy Burton Trustee 1.00
Director
$0 $0 $0
Dr Roger Ball Trustee 1.00
Director
$0 $0 $0
Carol Beckles Trustee 1.00
Director
$0 $0 $0
Claudette Harrison 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
2025 $10,906,699 $14,134,012 $46,860,939 $-3,227,313
2024 No data No data No data No data
2023 $4,485,998 $5,130,831 $13,286,837 $-644,833
2022 $490,333 $250,489 $5,279,069 $239,844
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