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The New American Academy 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: 461609693 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is The New American Academy Charter School?

The New American Academy Charter School, established in August 2013, is a nonprofit institution located in Brooklyn, New York (ZIP code 11236). Its mission is to empower learners and inspire leaders to contribute positively to society. The school accomplishes this through collaborative teacher teams, a mastery-based career ladder, and looping cycles. These educational strategies enable students to excel in high school, college, and their future endeavors, offering them personalized, rigorous instruction. The school, with a workforce of 66 employees, supports its mission by providing a nurturing environment that fosters growth and success for its students.


Official website here: www.thenewamericanacademy.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The New American Academy Charter School has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization garnered a perfect score in multiple areas, including having 100% independent board members and a high program expense ratio of 81.12%, indicating that a significant portion of its funds is directed towards its educational mission.

The nonprofit's governance structure is robust, with an audit and oversight committee that received full points, demonstrating effective fiscal management. Policies such as conflict of interest, whistleblower protection, and document retention are not only in place but have also been thoroughly documented, showcasing a proactive approach to governance and compliance.

While the organization excels in many areas, the data provided does not highlight any specific limitations or challenges faced by the school, suggesting that it operates with a high degree of integrity and effectiveness in fulfilling its mission. Overall, The New American Academy Charter School stands out as a well-managed nonprofit dedicated to its educational goals.


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

Is The New American Academy Charter School legitimate?

The New American Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New American Academy 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: $570,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,976,683

For more financial information, click here


Official website here: www.thenewamericanacademy.org

What is the mission statement of The New American Academy Charter School?

The New American Academy Charter School's mission is to empower learners and inspire leaders, aiming to create a better world. They achieve this through collaborative teacher teams, a mastery-based career ladder, and looping cycles, providing personalized and rigorous instruction. This education equips their students to excel in high school, college, and their future lives. The school's mission is to support its students in achieving their full potential and contributing positively to society.


Official website here: www.thenewamericanacademy.org

What is the revenue of The New American Academy Charter School?

The New American Academy Charter School's revenue in 2024 was $5,579,442.


Official website here: www.thenewamericanacademy.org

Who are the executives of The New American Academy Charter School and what are their salaries?

The average compensation at The New American Academy Charter School during 2024 was $73,896. There are 48 employees and 5 volunteers at The New American Academy Charter School.

Here are 15 key members and their salaries:


Varleton Mcdonald (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen O'Brien-Kelly (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fluer Monrose (Treasurer - Resigned During Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Deangelis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Yu (Trustee - Resigned During Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Sparks-Hunt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Cuellar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Trani (Dir. Of Data And Finance)
  • Compensation: $142,156
  • Related: $0
  • Other: $34,316
Lisa Parquette-Silva (Principal)
  • Compensation: $202,500
  • Related: $0
  • Other: $8,000
Sheila Hopkins-Osnes (Assistant Principal)
  • Compensation: $173,929
  • Related: $0
  • Other: $6,881
Olawa Gibson (Master Teacher)
  • Compensation: $145,799
  • Related: $0
  • Other: $22,025
Tina Spaic (Director Of Sped)
  • Compensation: $125,189
  • Related: $0
  • Other: $33,753
Diamond Mays (Lead Partner Teacher)
  • Compensation: $119,865
  • Related: $0
  • Other: $21,977
Cynthis Terry (Special Ed Lead Teacher)
  • Compensation: $112,087
  • Related: $0
  • Other: $15,091
Michelle Perkins (Partner Teacher)
  • Compensation: $102,800
  • Related: $0
  • Other: $14,720


Official website here: www.thenewamericanacademy.org

Where can I find the form 990 for The New American Academy Charter School?

The New American Academy Charter School's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.thenewamericanacademy.org

Learn more at the official website: www.thenewamericanacademy.org

Mission Statement of The New American Academy Charter School

The New American Academy Charter School, a renowned educational institution, is committed to empowering its learners and inspiring future leaders to contribute positively to the world. Through their collaborative teacher teams, a mastery-based career ladder, and looping cycles, the school provides personalized, rigorous instruction. This approach enables their students to excel in high school, college, and their subsequent lives. The New American Academy Charter School's mission is to foster an environment where students can thrive and develop into capable individuals capable of making meaningful changes in society.

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Impact




July, 2024

The New American Academy Charter School is making a significant impact by empowering learners and inspiring leaders to make the world a better place. Through their collaborative teacher teams, mastery-based career ladder, and looping cycles, they offer personalized rigorous instruction that enables students to succeed in high school, college, and their future lives. Located in Brooklyn, NY, this charter school is committed to providing quality education and preparing students for their futures.




This information is meant to be a general summary of The New American Academy 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
$5,579,442 (2024)
Expenses
$5,588,576 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20
  • Program Service Revenue: $5,040,712
  • Gross Receipts: $5,579,442

Assets and Liabilities:

  • Total Assets: $2,723,803
  • Total Liabilities: $439,922
  • Net Assets: $2,283,881

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Programs

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

PER PUPIL STATE AID

Revenue

$5,036,933

OTHER INCOME

Revenue

$3,779

Organization Details

Founding Year

2012

Principal Officer

Varleton Mcdonald

NTEE Category

Code: B29 - Education

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