BLACK LATINX ASIAN CHARTER COLLABORATIVE

EIN: 873571467 501(c)(3)

NEW YORK, NY

Total Revenue
$339,920
Total Expenses
$1,656,691
Total Assets
$280,530
Net Assets
$183,508
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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
Rafiq Kalam Id-Din
Tax Period
2024-07-01 to 2025-06-30

BLACK LATINX ASIAN CHARTER COLLABORATIVE, founded in 2021, is a small nonprofit that reported $340K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 387% operating deficit.

Mission

Black Latinx Asian Charter Collaborative (the Organization") is a nonprofit organization dedicated to elevating charter schools founded and led by people of color in New York City. The organization represents educators and stakeholders in the community who, through our shared experiences, acknowledge a hopeful opportunity in the sector: community-based schools founded by leaders of color are powerful vehicles for change and progress.

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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 $296,096
Program Service Revenue $0
Investment Income $33,600
Other Revenue $10,224
TOTAL REVENUE $339,920

Expense Breakdown

Grants Paid $300,000
Salaries & Benefits $639,943
Fundraising Expenses $121,353
Program Expenses $1,289,474
Other Expenses $716,748
TOTAL EXPENSES $1,656,691

Year-over-Year Comparison

2024 2023 Change
Revenue $339,920 $682,647 -0.5%
Expenses $1,656,691 $1,907,173 -0.1%
Net Income $-1,316,771 $-1,224,526 +0.1%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
7

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
6
$330,226
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Miriam Raccah CEO 40.00
Officer
$197,982 $12,801 $210,783
Daniel R Lindsey AVP 40.00
$110,054 $10,224 $120,278
Jeremiah Grace CEO 40.00
Officer
$113,025 $6,418 $119,443
Al Cockfiled Chairman 1.00
Officer Director
$0 $0 $0
Bishop Raymond Rivera Vice Chair 1.00
Officer Director
$0 $0 $0
Dominique Lee Treasurer 1.00
Officer Director
$0 $0 $0
Rafiq Kalam Id-Din Secretary 1.00
Officer Director
$0 $0 $0
Steve Perry Board Member 1.00
Director
$0 $0 $0
Luz Taverez Board Member 1.00
Director
$0 $0 $0
Charlene Reid Board Member 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 $339,920 $1,656,691 $280,530 $-1,316,771
2024 $682,647 $1,907,173 $1,583,434 $-1,224,526
2023 $3,931,906 $2,406,906 $3,044,605 $1,525,000
2022 $1,199,815 $10 $1,199,805 $1,199,805
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