NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.The organization exists to ensure that all families of color in the state of New York can access excellent, high-quality public charter schools that are (1)founded and led by Black, Latinx, and Asian people, (2)engaged in the community development, (3)have culturally responsive and innovative practices and, (4)provide a high-quality education to traditionally underserved communities to break the cycle of poverty and to foster an ecosystem that supports prosperity.The Organization is a membership-driven organization, currently representing over 20 Black, Lat
Black Latinx Asian Charter Collaborative supports member schools to design, implement, study and share innovative practices.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare BLACK LATINX ASIAN CHARTER COLLABORATIVE with other nonprofits in New York and across the country.