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Grand Concourse 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: 830396763 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Grand Concourse Academy Charter School?

The Grand Concourse Academy Charter School is a New York-based educational institution dedicated to providing a superior learning environment for students in the city, particularly those at risk of academic failure. With a mission to foster character, ethics, and personal responsibility, the academy places great emphasis on core subjects such as Reading, Math, Science, and Social Studies, aiming to help students meet and exceed New York State performance standards. The school strongly encourages professional development for its staff and values active parental involvement. The Grand Concourse Academy Charter School strives to create a challenging, inclusive atmosphere where students can thrive and reach their full potential.


Official website here: www.gcacs.org

What are the reviews and ratings of this charity?

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

Grand Concourse Academy Charter School has received a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with a score of 81%. This rating is based entirely on a single beacon score, emphasizing the organization's commitment to transparency and responsible financial management.

The school demonstrates significant strengths, including a fully independent board of directors and a high program expense ratio of 86.53%, which indicates that a large portion of its budget is directed toward its educational programs. Furthermore, the organization has robust policies in place for conflict of interest, whistleblower protection, and document retention, showcasing its dedication to ethical practices.

However, there is a noted limitation in the organization's liabilities to assets ratio, which scored 0 out of 15 points. This suggests potential concerns regarding the balance between its liabilities and assets, indicating a need for further attention in financial stability. Overall, Grand Concourse Academy maintains a strong commitment to accountability but may need to address financial liabilities for improved stability.


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

Is Grand Concourse Academy Charter School legitimate?

Grand Concourse Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Concourse 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: $1,274,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,743,725

For more financial information, click here


Official website here: www.gcacs.org

What is the mission statement of Grand Concourse Academy Charter School?

The Grand Concourse Academy Charter School aims to establish a rigorous learning environment catering to the needs of students in New York City, with a focus on those at risk of academic failure. The school is dedicated to fostering strong character, ethics, and personal responsibility, while maintaining high academic expectations and striving for success in areas such as Reading, Math, Science, and Social Studies. The Academy places emphasis on helping students meet and surpass New York State performance standards in English Language Arts, Mathematics, Science, and Social Studies. It encourages professional development opportunities for staff and actively seeks parental involvement in achieving students' academic goals. Additionally, the school engages in community partnerships to broaden the students' educational experience.


Official website here: www.gcacs.org

Who is the CEO of Grand Concourse Academy Charter School?

Arlene Hall-Waisburd is the Board Chair of Grand Concourse Academy Charter School.


Official website here: www.gcacs.org

What is the revenue of Grand Concourse Academy Charter School?

Grand Concourse Academy Charter School's revenue in 2022 was $15,086,978.


Official website here: www.gcacs.org

Who are the executives of Grand Concourse Academy Charter School and what are their salaries?

The average compensation at Grand Concourse Academy Charter School during 2022 was $66,212. There are 106 employees and 6 volunteers at Grand Concourse Academy Charter School.


Here are 13 key members and their salaries:


Ira Victor (Principal)
  • Compensation: $392,945
  • Related: $0
  • Other: $31,204
Martin Mcdowell (Sr Director-Business Operation)
  • Compensation: $181,237
  • Related: $0
  • Other: $21,904
Maureen Howard (Director-Elementary)
  • Compensation: $171,172
  • Related: $0
  • Other: $12,558
Michael Simonetti (Director-Operation)
  • Compensation: $133,656
  • Related: $0
  • Other: $42,683
Evelyn Velez (Director-Assessmen)
  • Compensation: $135,174
  • Related: $0
  • Other: $19,957
Wayne Sparacino (Teacher)
  • Compensation: $120,471
  • Related: $0
  • Other: $19,854
Valerie Cesca (Trustee)
  • Compensation: $53,129
  • Related: $0
  • Other: $0
Howard Banker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Moquete (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Conley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Hall-Waisburd (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenniferjaye Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clara Rivas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gcacs.org

Where can I find the form 990 for Grand Concourse Academy Charter School?

Grand Concourse Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gcacs.org

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

Mission Statement of Grand Concourse Academy Charter School

The Grand Concourse Academy Charter School is dedicated to establishing a stimulating learning environment in New York City that caters to the unique requirements of its students, particularly those at risk of failing academically. By fostering a strong sense of character, ethics, and personal responsibility, the Academy aims to prepare its students for entry into the city's top middle and high schools. The educational institution places a significant emphasis on core subjects, including Reading, Math, Science, and Social Studies, and strives to help students meet and surpass New York State performance standards in English Language Arts, Mathematics, Science, and Social Studies.

The Grand Concourse Academy Charter School also prioritizes the professional development of its instructors, aligning their growth with the instructional program. Parental involvement and engagement are actively encouraged, with the school seeking to involve parents in their children's academic objectives. Additionally, the Academy supports various initiatives to foster a collaborative and inclusive learning community.

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Impact




October, 2024

Grand Concourse Academy Charter School plays a crucial role in enhancing educational outcomes for students in the Bronx, New York City. By creating a challenging learning environment tailored to meet the diverse needs of its students, the Academy actively addresses the educational challenges faced by those at-risk of academic failure.

The school emphasizes a rigorous curriculum focused on core subjects such as Reading, Math, Science, and Social Studies, ensuring that students are well-prepared to meet or exceed New York State performance standards. This focus not only nurtures strong academic skills but also cultivates essential character traits, ethics, and personal responsibility among the students.

Grand Concourse Academy prioritizes the professional development of its educators, aligning training opportunities with the instructional program to foster effective teaching practices. The school also encourages active parental involvement, recognizing that collaboration between families and the Academy is vital to the academic success and overall development of its students.

In summary, Grand Concourse Academy Charter School significantly impacts its community by providing a high-quality, nondiscriminatory public education that equips students with the knowledge and skills necessary for future success in middle and high school and beyond.




This information is meant to be a general summary of Grand Concourse 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
$15,086,978 (2022)
Expenses
$13,755,661 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,088
  • Program Service Revenue: $13,392,856
  • Gross Receipts: $15,086,978

Assets and Liabilities:

  • Total Assets: $16,012,367
  • Total Liabilities: $1,640,411
  • Net Assets: $14,371,956

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Programs

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

STUDENT ENROLLMENT

Revenue

$13,392,856

Organization Details

Founding Year

2004

Principal Officer

Arlene Hall-Waisburd

Main Address

625 BOLTON AVENUE, BRONX, NY, 10473

NTEE Category

Code: B29 - Education

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