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Zeta Charter Schools - New York City

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

EIN: 823452377 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Zeta Charter Schools - New York City?

Zeta Charter Schools NYC is a network of thriving charter schools based in the Bronx, New York. With a workforce of 253 employees, they are dedicated to building and sustaining high-performing schools that foster communities of lifelong learners, problem solvers, and innovators. Their mission is to create a nurturing environment where students can grow and excel academically, developing essential skills and a passion for learning.


Official website here: www.zetaschools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Zeta Charter Schools has received an overall score of 81%, indicating a solid performance in accountability and finance. The rating is derived entirely from the Accountability & Finance beacon, with notable strengths in their governance structure, including a fully independent board and comprehensive policies like conflict of interest and whistleblower protections.

The organization demonstrates fiscal responsibility with a program expense ratio of 91.64%, which suggests that a significant portion of their budget is directed toward program services rather than administrative costs. Furthermore, Zeta Charter Schools has no reported material diversion of assets, indicating strong financial integrity.

However, the organization's liabilities to assets ratio of 95.09% raises some concerns, suggesting that they may have high liabilities relative to their assets. This aspect could warrant further scrutiny to ensure long-term financial sustainability. Overall, Zeta Charter Schools shows a commitment to transparency and effective governance, though potential financial risks should be monitored.


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

Is Zeta Charter Schools - New York City legitimate?

Zeta Charter Schools - New York City is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zeta Charter Schools - New York City 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: $582,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,434,846

For more financial information, click here


Official website here: www.zetaschools.org

What is the mission statement of Zeta Charter Schools - New York City?

Zeta Charter Schools in New York City aim to establish and maintain exceptional learning environments that foster the growth of lifelong learners, problem solvers, and innovators. By building high-performing schools, the organization intends to create vibrant communities where individuals can thrive and continually develop their skills. The mission is to cultivate an atmosphere where students are encouraged to explore, question, and discover, preparing them for success in their academic pursuits and beyond.


Official website here: www.zetaschools.org

Who is the CEO of Zeta Charter Schools - New York City?

Keri Hoyt is the Principal of Zeta Charter Schools - New York City.


Official website here: www.zetaschools.org

What is the revenue of Zeta Charter Schools - New York City?

Zeta Charter Schools - New York City's revenue in 2022 was $39,321,336.


Official website here: www.zetaschools.org

Who are the executives of Zeta Charter Schools - New York City and what are their salaries?

The average compensation at Zeta Charter Schools - New York City during 2022 was $47,501. There are 253 employees and 6 volunteers at Zeta Charter Schools - New York City.


Here are 11 key members and their salaries:


Kimberley Schacht (Principal)
  • Compensation: $126,038
  • Related: $0
  • Other: $28,935
Meghan Daly (Principal)
  • Compensation: $126,093
  • Related: $0
  • Other: $18,158
Tamika Tretu (Principal)
  • Compensation: $109,373
  • Related: $0
  • Other: $25,303
Ana Collado (Principal)
  • Compensation: $102,392
  • Related: $0
  • Other: $10,198
Noreen Cooke-Coleman (Principal)
  • Compensation: $43,654
  • Related: $0
  • Other: $29,563
Jenny Sedlis (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Kete (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keri Hoyt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Brisbane (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samara Penn Savary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Caracappa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.zetaschools.org

Where can I find the form 990 for Zeta Charter Schools - New York City?

Zeta Charter Schools - New York City's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.zetaschools.org

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

Mission Statement of Zeta Charter Schools - New York City

Zeta Charter Schools-New York City is a network of high-performing schools that cultivate thriving communities of lifelong learners, problem solvers, and innovators. The mission of this educational institution is to build and sustain schools that foster an environment conducive to learning and personal growth. By nurturing students as problem solvers and innovators, Zeta Charter Schools-New York City aims to prepare them for a successful future.

In simple terms, Zeta Charter Schools-New York City strives to create educational institutions where students are motivated to learn and develop essential skills. The schools encourage critical thinking, creativity, and adaptability among their students, shaping them into dynamic members of society. These future-ready individuals are expected to contribute positively to their communities and make a difference in the world.

Moreover, the schools under the Zeta Charter Schools-New York City umbrella focus on forging thriving communities. By providing a supportive environment, the schools ensure that students grow up to become well-rounded individuals. This holistic approach to education not only focuses on academic excellence but also emphasizes the importance of social and emotional development. Ultimately, Zeta Charter Schools-New York City is dedicated to building a better future for its students and the communities they serve.

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Impact




October, 2024

Zeta Charter Schools in New York City significantly influences the education landscape, particularly in the Bronx, by establishing high-performing schools that empower students to become lifelong learners and innovative problem solvers. Their commitment to academic excellence fosters a robust learning environment that not only prioritizes educational achievement but also nurtures essential skills necessary for navigating contemporary challenges.

The network of schools under Zeta emphasizes collaborative learning and community engagement, cultivating an atmosphere where students are encouraged to think critically and creatively. This approach not only enhances individual student growth but also contributes to the overall development of thriving communities. By focusing on holistic education, Zeta Charter Schools directly impacts the social and intellectual fabric of the neighborhoods it serves, shaping future generations equipped to address the complexities of today’s world.

Through its sustained efforts in building and maintaining high-quality educational institutions, Zeta Charter Schools plays a pivotal role in transforming the educational experience for many students and their families in the Bronx, ultimately driving positive change within the community as a whole.




This information is meant to be a general summary of Zeta Charter Schools - New York City. 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
$39,321,336 (2022)
Expenses
$35,743,870 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $77
  • Program Service Revenue: $32,276,605
  • Gross Receipts: $39,321,336

Assets and Liabilities:

  • Total Assets: $28,156,705
  • Total Liabilities: $19,589,824
  • Net Assets: $8,566,881

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Programs

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

GOV'T PER-PUPIL REV - GENERAL ED

Revenue

$21,544,421

GOV'T PER-PUPIL REV - FACILITIES

Revenue

$5,324,228

GOV'T PER-PUPIL REV - UNIVERSAL P

Revenue

$2,799,914

GOV'T PER-PUPIL REV - SPECIAL ED

Revenue

$2,498,105

AFTER SCHOOL FEES

Revenue

$109,937

Organization Details

Founding Year

2018

Principal Officer

Keri Hoyt

Main Address

425 WESTCHESTER AVENUE, BRONX, NY, 10455

NTEE Category

Code: B29 - Education

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