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Bronx Academy Of Promise Charter School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262531307 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bronx Academy Of Promise Charter School?

The Bronx Academy of Promise Charter School is a nonprofit institution based in the Bronx, New York, with a workforce of 124 employees. They are dedicated to delivering high-quality education that addresses both the academic and social-emotional needs of each student. Last year, they prioritized a safe and supportive learning environment after remote instruction, employing additional counseling support and implementing the Second Step program. This initiative assists staff in managing stress, promoting equity and belonging, and fostering resilience and efficacy. The school invests in academic progress, utilizing the i-Ready program, and aims to prepare students for high school, career decisions, and productive citizenship. Their comprehensive academic curriculum integrates character and career education, focusing on cognitive, social, emotional, and moral development. The community, parents, and staff collaborate to continuously enhance the school's potential for success.


Official website here: www.bronxacademyofpromise.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)

The Bronx Academy Of Promise Charter School has received a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. With an overall score derived solely from its accountability and finance metrics, the organization excels in areas such as having a fully independent board and maintaining transparent financial practices, which are crucial for donor trust.

The school demonstrates strong governance with 100% independent board members, ensuring that decision-making is free from conflicts of interest. The organization also scores well in audit oversight and has clear policies in place regarding whistleblower protections and document retention. These factors contribute positively to its accountability framework and financial integrity.

However, there are areas of concern noted in the data. The liabilities to assets ratio at 63.37% suggests some financial strain, which could indicate potential challenges ahead. Nonetheless, with a high program expense ratio of 88.77%, the school appears committed to directing a significant portion of its funds towards its educational programs, which is a positive takeaway for stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Bronx Academy Of Promise Charter School legitimate?

Bronx Academy Of Promise Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx Academy Of Promise Charter School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $219,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,710,319

For more financial information, click here


Official website here: www.bronxacademyofpromise.com

What is the mission statement of Bronx Academy Of Promise Charter School?

The Bronx Academy of Promise Charter School aims to educate each student to meet high learning standards, emphasizing various career choices available to them. The curriculum integrates character and career education into all subjects, promoting excellence in cognitive, social, emotional, and moral development. The school prepares students for high school, helping them make decisions about their future careers and becoming productive citizens. Students are encouraged to acquire the knowledge and skills each year to attain learning proficiency, and the community, parents, and staff participate in the school to ensure continuous improvement towards success. The mission is to create a safe and supportive learning environment that addresses both social and emotional development and academic needs, enabling students to effectively continue their academic progress toward proficiency and beyond.


Official website here: www.bronxacademyofpromise.com

Who is the CEO of Bronx Academy Of Promise Charter School?

Denise Schiraldi is the Vice Chair of Bronx Academy Of Promise Charter School.


Official website here: www.bronxacademyofpromise.com

What is the revenue of Bronx Academy Of Promise Charter School?

Bronx Academy Of Promise Charter School's revenue in 2022 was $14,177,895.


Official website here: www.bronxacademyofpromise.com

Who are the executives of Bronx Academy Of Promise Charter School and what are their salaries?

The average compensation at Bronx Academy Of Promise Charter School during 2022 was $55,887. There are 124 employees and 6 volunteers at Bronx Academy Of Promise Charter School.


Here are 12 key members and their salaries:


Agatha Akyere (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kearns (Treasurer/Chair Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milca Meyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Michael Carrion (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlibi Rojas (Parent At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sze (Chairman Of Academic Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Schiraldi (Principal)
  • Compensation: $189,741
  • Related: $0
  • Other: $20,295
Candace Greene (Business Manager)
  • Compensation: $120,246
  • Related: $0
  • Other: $45,042
Aldrina Arshravan (Math Specialist)
  • Compensation: $142,054
  • Related: $0
  • Other: $46,257
Nancy Jimenez (Ela Coach)
  • Compensation: $130,557
  • Related: $0
  • Other: $7,957
Nicholas Mark Parrino (Dean)
  • Compensation: $120,080
  • Related: $0
  • Other: $35,780
Glenn Corwin (Special Education Coordina)
  • Compensation: $122,899
  • Related: $0
  • Other: $5,924


Official website here: www.bronxacademyofpromise.com

Where can I find the form 990 for Bronx Academy Of Promise Charter School?

Bronx Academy Of Promise Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bronxacademyofpromise.com

Learn more at the official website: www.bronxacademyofpromise.com

Mission Statement of Bronx Academy Of Promise Charter School

The Bronx Academy of Promise Charter School is devoted to educating each student to meet high learning standards. It achieves this by offering a comprehensive academic curriculum that integrates character and career education into all subjects. The curriculum is designed to promote excellence in various areas, including cognitive, social, emotional, and moral development.

At the Bronx Academy of Promise Charter School, students are encouraged to acquire the knowledge and skills needed to attain learning proficiency each school year. The school takes a personalized approach to learning, aiming to meet students where they are, whether they are ahead or behind. By creating a safe and supportive in-person learning environment, the school effectively engages, enriches, challenges, and supports students in continuing their academic progress. The ultimate goal is to prepare students for high school, help them make informed decisions about their career paths, and cultivate productive citizens.

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Impact




October, 2024

Bronx Academy of Promise Charter School significantly impacts its students and the broader community by fostering a safe and supportive learning environment that accommodates both academic and social-emotional needs. The school is dedicated to helping students succeed academically, whether they are ahead or behind, by providing tailored support and enrichment programs. This individualized approach ensures that every student is meaningfully engaged in their learning journey.

The school's commitment to high-quality education is complemented by a comprehensive social-emotional program, "Second Step," aimed at building trust and resilience among students and staff. With additional counseling support, the school addresses various emotional and mental health challenges, creating a nurturing atmosphere for personal growth.

Through innovative initiatives like the I-Ready program, Bronx Academy focuses on data-driven teaching strategies that promote grade-level success and active engagement in learning. The curriculum integrates character education and career choices, preparing students not only for high school but also for future career paths and productive citizenship.

By involving parents and the community in meaningful ways, Bronx Academy continually enhances its educational offerings. Overall, the school's emphasis on collaboration, consistency, and individualized instruction positions it as a pivotal institution for student achievement and well-rounded development in the Bronx.




This information is meant to be a general summary of Bronx Academy Of Promise Charter School. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,177,895 (2022)
Expenses
$13,519,128 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,044
  • Program Service Revenue: $12,282,300
  • Gross Receipts: $14,177,895

Assets and Liabilities:

  • Total Assets: $13,708,011
  • Total Liabilities: $3,550,174
  • Net Assets: $10,157,837

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PER PUPIL OPERATING REVENUE

Revenue

$11,609,703

FEDERAL/STATE MEAL REIMBURSEMENT

Revenue

$627,656

OTHER INCOME

Revenue

$44,941

Organization Details

Founding Year

2008

Principal Officer

Denise Schiraldi

Main Address

1349 INWOOD AVENUE, BRONX, NY, 10452

NTEE Category

Code: B29 - Education

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