501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $509K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $58
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.9M
-5% vs prior year
Spent
$12.0M
To programs
89%
Net assets
$5.6M
By yearFY2020–FY2025
Revenue
$11.9M
FY2024▼ -5%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.3M
FY2021$12.2M
FY2022$13.0M
FY2023$12.5M
FY2024$11.9M
FY2025$11.0M
Expenses
$12.0M
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.6M
FY2021$10.9M
FY2022$12.1M
FY2023$11.1M
FY2024$12.0M
FY2025$12.0M
Net assets
$5.6M
FY2024▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.2M
FY2021$3.4M
FY2022$4.3M
FY2023$5.7M
FY2024$5.6M
FY2025$4.6M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $10.6M Management & general 11% · $1.3M Fundraising 0% · $40K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Head of School
$277,531Pt VII · Sec A
$277,393Pt VII · Sec A
$211,408Pt VII · Sec A
HR Director
$196,789Pt VII · Sec A
Hs Principal
$191,823Pt VII · Sec A
Deputy Head of School
$191,650Pt VII · Sec A
Trustee Emeritus
$0Pt VII · Sec A
$0Pt VII · Sec A

Jessica Marcu’s $289K as Head of School is at the 62nd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jessica Marcu$288,549$277,531$285,622$319,876$259,602$206,286
Emily Samuels$288,411$277,393$285,622$256,508$228,758$201,378
Leonard Goldberg$219,941$211,408$217,678$187,758$218,871$257,412
Gail Edwards$205,857$196,789$201,981$182,662$159,814—
Sade McCaw$201,525$191,650$196,503$180,722——
Kaitlin Francis$199,453$191,823$200,119$177,523$150,587—
Allison Jenson—————$173,804
Marsha Cicerchia Gutierrez—————$165,350

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Opportunity Charter School executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates New York City students, offering free special education and high-quality learning for all.

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3 programs · $10.6M · in their own filed words · FY2023
01

Special Education

- for 2023-2024, the ocs special education graduation rate was 87%, scoring 11 percentage points above the comparison group data from 2022-2023.- in 2023-2024, ocs achieved 98% for 4-YEAR high school persistence rate, scoring 9 percentage points above the comparison group data from 2022-2023.

$7.1Mprogram expense
02

Middle School

- in 2023-2024, ocs students achieved an ela core course passing rate of 90%, surpassing the comparison group passing rate in 2022-2023 by 7 percentage POINTS.- in 2023-24, ocs core course passing rates in math (98%), science (92%), and social studies (88%) exceeded rates for the comparison group from 2022-2023.

$1.8Mprogram expense
03

High School

- in 2023-2024, ocs students graduated high school within 4 years at 83%, 2 percentage points above the comparison group data from 2022-2023.- ocs's postsecondary enrollment rate within 18 months of graduation is 6 percentage points above the comparison group data from 2022-2023.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$58

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$11.9M
Ln 12
Fees for servicesLn 2g$11.8M
Investment incomeLn 3$61K
Gifts and grantsLn 1h$15K
Money outPt IX
$12.0M
Ln 25
Programscol B$10.6M
Managementcol C$1.3M
Fundraisingcol D$40K
Owns and owesPt X
$5.6M
net assets · Ln 32
Cash and savingsLn 1–2$5.2M
Total assetsLn 16$6.9M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
16
listed · VII A
PaidVII A6
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15K
Fees for servicesLn 2g$11.8M
Investment incomeLn 3$61K
Other incomeLn 4–11$10K
Total revenueLn 12$11.9M
Assets in detailPt X, end of year
CashLn 1$23K
SavingsLn 2$5.2M
Cash and savings togetherLn 1–2$5.2M
Land, buildings, equipmentLn 10c$322K
Other assetsLn 15$366K
Total assetsLn 16$6.9M
LiabilitiesLn 26$1.3M
Net assetsLn 32$5.6M
OperationsPt I, VI
EmployeesI 5101
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$4.4M$5.2M
Land, buildings, equipmentLn 10c$269K$322K
Total assetsLn 16$7.1M$6.9M
LiabilitiesLn 26$1.4M$1.3M
Net assetsLn 32$5.7M$5.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$278K$250K$14K$14K
Other salaries and wagesLn 7$7.0M$6.6M$391K$14K
Pension plan contributionsLn 8$662K$624K$37K$1K
Other employee benefitsLn 9$1.1M$1.1M$62K$2K
Payroll taxesLn 10$507K$477K$28K$2K
Legal feesLn 11b$262K$262K
Accounting feesLn 11c$209K$209K
Lobbying feesLn 11d$90K$90K
Other fees for servicesLn 11g$433K$402K$31K$92
Advertising and promotionLn 12$10K$5K$5K
Office expensesLn 13$309K$299K$10K$462
Information technologyLn 14$137K$129K$8K$472
OccupancyLn 16$297K$277K$19K$1K
InterestLn 20$380$380
Depreciation, depletion and amortizationLn 22$195K$192K$2K$148
InsuranceLn 23$132K$3K$128K
Other expenses (24a–d)Ln 24$276K$275K$1K$87
Total functional expensesLn 25$12.0M$10.6M$1.3M$40K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11.0M$12.0M−$1.0M$4.6M 990 PDF
FY2024 Viewing $11.9M$12.0M−$84K$5.6M 990 PDF
FY2023 $12.5M$11.1M$1.4M$5.7M 990 PDF
FY2022 $13.0M$12.1M$884K$4.3M 990 PDF
FY2021 $12.2M$10.9M$1.2M$3.4M 990 PDF
FY2020 $12.3M$11.6M$688K$2.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $11,874,253 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,080$14,530
I-9 Program service revenuePrior year $12,491,616$11,789,338
I-10 Investment incomePrior year $31,651$60,516
I-11 Other revenuePrior year $1,576$9,869
I-12 Total revenuePrior year $12,536,923$11,874,253
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $9,166,845$9,608,415
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,982,838$2,349,828
I-18 Total expensesPrior year $11,149,683$11,958,243
I-19 Revenue less expensesPrior year $1,387,240−$83,990
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $11,874,253 across 6 lines filed
VIII-1f All other contributions, gifts and grants$14,530
VIII-1h Total contributions, gifts and grants$14,530
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,789,338$11,789,338
VIII-3 Investment incomeExcluded from tax $60,516$60,516
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,869$9,869
VIII-12 Total revenueRelated to mission $11,799,207 · Unrelated business $0 · Excluded from tax $60,516$11,874,253
Part IX · Statement of functional expenses $11,958,243 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $250,186 · Management $13,899 · Fundraising $13,899$277,984
IX-7 Other salaries and wagesPrograms $6,638,953 · Management $391,289 · Fundraising $14,195$7,044,437
IX-8 Pension plan contributionsPrograms $623,986 · Management $36,784 · Fundraising $1,223$661,993
IX-9 Other employee benefitsPrograms $1,052,606 · Management $62,466 · Fundraising $2,032$1,117,104
IX-10 Payroll taxesPrograms $477,079 · Management $28,072 · Fundraising $1,746$506,897
IX-11b Legal feesManagement $262,398$262,398
IX-11c Accounting feesManagement $208,897$208,897
IX-11d Lobbying feesManagement $90,000$90,000
IX-11g Other fees for servicesPrograms $401,677 · Management $31,475 · Fundraising $92$433,244
IX-12 Advertising and promotionManagement $4,905 · Fundraising $4,905$9,810
IX-13 Office expensesPrograms $298,913 · Management $9,549 · Fundraising $462$308,924
IX-14 Information technologyPrograms $128,945 · Management $7,587 · Fundraising $472$137,004
IX-16 OccupancyPrograms $277,033 · Management $18,822 · Fundraising $1,014$296,869
IX-20 InterestManagement $380$380
IX-22 Depreciation, depletion and amortizationPrograms $192,164 · Management $2,375 · Fundraising $148$194,687
IX-23 InsurancePrograms $3,249 · Management $128,267$131,516
IX-24 Other expenses (24a–d)Programs $274,614 · Management $1,398 · Fundraising $87$276,099
IX-25 Total functional expensesPrograms $10,619,405 · Management $1,298,563 · Fundraising $40,275$11,958,243
Part X · Balance sheet $6,937,404 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $27,420$22,640
X-2 Savings and temporary cash investmentsStart of year $4,383,187$5,205,864
X-4 Accounts receivableStart of year $1,674,451$780,527
X-9 Prepaid expenses and deferred chargesStart of year $242,574$240,914
X-10c Land, buildings and equipment, netStart of year $269,107$321,560
X-15 Other assetsStart of year $535,191$365,899
X-16 Total assetsStart of year $7,131,930$6,937,404
X-17 Accounts payable and accrued expensesStart of year $800,309$825,029
X-19 Deferred revenueStart of year $2,165$0
X-25 Other liabilitiesStart of year $633,056$499,965
X-26 Total liabilitiesStart of year $1,435,530$1,324,994
X-27 Net assets without donor restrictionsStart of year $5,696,400$5,612,410
X-32 Total net assets or fund balancesStart of year $5,696,400$5,612,410
X-33 Total liabilities and net assetsStart of year $7,131,930$6,937,404
Part XI · Reconciliation of net assets $5,612,410 net assets at year end
XI-1 Total revenue$11,874,253
XI-2 Total expenses$11,958,243
XI-3 Revenue less expenses−$83,990
XI-4 Net assets at start of year$5,696,400
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,612,410

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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