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 School's mission is to create world class competitive scholars who will Learn today, lead tomorrow, and serve in the future. the school seeks to graduate students with the content mastery and life skills needed to excel post-graduation and to position the students in the top five percent of their graduating classes, respectively, in new york.

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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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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
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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