Side by Side Charter School is a Charter School that was created to reduce racial isolation by providing a multiracial learning environment for urban and suburban children and their families.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 50 volunteers and 57 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2025 · 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
1 of 6
filings with a surplus
Average deficit $267K a year · 8% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$638K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 10 voting members
Fine: 5 of 10 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
+7% vs prior year
Spent
$3.8M
To programs
79%
Net assets
$4.1M
By yearFY2020–FY2025
Revenue
$3.8M
FY2025▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.0M
FY2021$3.0M
FY2022$3.3M
FY2023$3.4M
FY2024$3.6M
FY2025$3.8M
Expenses
$3.8M
FY2025▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.2M
FY2021$3.3M
FY2022$3.7M
FY2023$3.7M
FY2024$4.0M
FY2025$3.8M
Net assets
$4.1M
FY2025+0.4%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.4M
FY2021$5.1M
FY2022$4.7M
FY2023$4.5M
FY2024$4.0M
FY2025$4.1M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1993.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $3.0M Management & general 21% · $800K Fundraising 0% · $953

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

13 people listed on the 990; $638K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$185,542Pt VII · Sec A
Assistant Director
$153,248Pt VII · Sec A
Faculty Member
$93,773Pt VII · Sec A
Faculty Member
$76,273Pt VII · Sec A
$64,808Pt VII · Sec A
Faculty Member
$64,341Pt VII · Sec A
$0Pt VII · Sec A
Community Member Thru 12/2024
$0Pt VII · Sec A

Matthew Nittoly’s $186K as Executive Director is at the 78th percentile of top reported officer pay among 3394 $1–10M 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
Matt Nittoly—$183,935$193,348$197,655$178,152$174,718
Matthew Nittoly$185,542—————
Mary Newbery$153,248$155,186$140,522$143,652——
Nell Conroy——$92,348$106,267$99,143$98,603
Sally Davids—$99,030$97,551$102,784$100,287$99,574
Helen Conroy$93,773$94,901————
Ivy McFadden—————$81,638
Nicole Shagoury$76,273———$70,182$66,934

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 Side by Side Charter School INC 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 15aNo

Programs and updates

Creates a multiracial learning environment to reduce racial isolation for urban and suburban children and families.

Questions for Side by Side Charter School INC

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1 program · $3.0M · in their own filed words · FY2024
01

A school located in the inner city of norwalk, CT that maintains an approximate student ratio of 30% hispanic, 30% african americans, and 40% caucasian students located from both urban and suburban areas. Students located in both urban and suburban areas. Students come from approximately 14 towns including norwalk.

$3.0Mprogram 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 · FY2024
Total grants receivedfrom 1 funder$2K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Fees for servicesLn 2g$3.2M
Gifts and grantsLn 1h$587K
Other incomeLn 4–11$17K
Money outPt IX
$3.8M
Ln 25
Programscol B$3.0M
Managementcol C$800K
Fundraisingcol D$953
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$904K
Total assetsLn 16$5.7M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
13
listed · VII A
PaidVII A6
Voting boardVI 1a10
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$587K
Government grantsLn 1e$558K
Fundraising eventsLn 1c$15K
Fees for servicesLn 2g$3.2M
Investment incomeLn 3$3K
Other incomeLn 4–11$17K
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
CashLn 1$645K
SavingsLn 2$259K
Cash and savings togetherLn 1–2$904K
Land, buildings, equipmentLn 10c$3.6M
Other assetsLn 15$1.2M
Total assetsLn 16$5.7M
LiabilitiesLn 26$1.7M
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 557
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$767K$904K
Land, buildings, equipmentLn 10c$3.6M$3.6M
Total assetsLn 16$5.7M$5.7M
LiabilitiesLn 26$1.6M$1.7M
Net assetsLn 32$4.0M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$678K$423K$256K
Pay of disqualified personsLn 6$44K$44K
Other salaries and wagesLn 7$1.7M$1.5M$183K$885
Other employee benefitsLn 9$264K$193K$71K
Payroll taxesLn 10$85K$68K$17K$68
Legal feesLn 11b$208$208
Accounting feesLn 11c$76K$76K
Other fees for servicesLn 11g$21K$21K
Office expensesLn 13$80K$43K$37K
Information technologyLn 14$112K$52K$60K
OccupancyLn 16$282K$244K$38K
TravelLn 17$624$624
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$229K$206K$23K
Other expenses (24a–d)Ln 24$236K$219K$17K
Total functional expensesLn 25$3.8M$3.0M$800K$953

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $3.8M$3.8M$18K$4.1M 990 PDF
FY2024 $3.6M$4.0M−$410K$4.0M 990 PDF
FY2023 $3.4M$3.7M−$277K$4.5M 990 PDF
FY2022 $3.3M$3.7M−$372K$4.7M 990 PDF
FY2021 $3.0M$3.3M−$307K$5.1M 990 PDF
FY2020 $3.0M$3.2M−$254K$5.4M 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 FY2025 990 (6 parts)
Part I · Summary $3,793,287 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $499,142$587,272
I-9 Program service revenuePrior year $3,040,963$3,186,346
I-10 Investment incomePrior year $287$3,091
I-11 Other revenuePrior year $20,876$16,578
I-12 Total revenuePrior year $3,561,268$3,793,287
I-13 Grants and similar amounts paidPrior year $300$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,967,244$2,737,242
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,003,277$1,038,326
I-18 Total expensesPrior year $3,970,821$3,775,568
I-19 Revenue less expensesPrior year −$409,553$17,719
Part VI · Governance 5 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $3,793,287 across 9 lines filed
VIII-1c Fundraising events$14,931
VIII-1e Government grants$558,313
VIII-1f All other contributions, gifts and grants$14,028
VIII-1h Total contributions, gifts and grants$587,272
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,186,346$3,186,346
VIII-3 Investment incomeExcluded from tax $3,091$3,091
VIII-8 Net income from fundraising eventsExcluded from tax $3,173$3,173
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $13,405$13,405
VIII-12 Total revenueRelated to mission $3,186,346 · Unrelated business $0 · Excluded from tax $19,669$3,793,287
Part IX · Statement of functional expenses $3,775,568 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $422,597 · Management $255,718$678,315
IX-6 Pay of disqualified personsPrograms $44,163$44,163
IX-7 Other salaries and wagesPrograms $1,483,090 · Management $182,602 · Fundraising $885$1,666,577
IX-9 Other employee benefitsPrograms $192,944 · Management $70,655$263,599
IX-10 Payroll taxesPrograms $67,795 · Management $16,725 · Fundraising $68$84,588
IX-11b Legal feesManagement $208$208
IX-11c Accounting feesManagement $75,599$75,599
IX-11g Other fees for servicesManagement $20,724$20,724
IX-13 Office expensesPrograms $43,322 · Management $37,004$80,326
IX-14 Information technologyPrograms $51,690 · Management $59,968$111,658
IX-16 OccupancyPrograms $243,929 · Management $37,885$281,814
IX-17 TravelManagement $624$624
IX-19 Conferences, conventions and meetingsManagement $2,434$2,434
IX-22 Depreciation, depletion and amortizationPrograms $205,897 · Management $22,878$228,775
IX-24 Other expenses (24a–d)Programs $218,784 · Management $17,380$236,164
IX-25 Total functional expensesPrograms $2,974,211 · Management $800,404 · Fundraising $953$3,775,568
Part X · Balance sheet $5,731,482 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $511,268$644,907
X-2 Savings and temporary cash investmentsStart of year $255,812$258,672
X-4 Accounts receivableStart of year $3,000$15,723
X-9 Prepaid expenses and deferred chargesStart of year $74,123$40,564
X-10c Land, buildings and equipment, netStart of year $3,595,975$3,597,948
X-15 Other assetsStart of year $1,225,042$1,173,668
X-16 Total assetsStart of year $5,665,220$5,731,482
X-17 Accounts payable and accrued expensesStart of year $220,910$308,246
X-25 Other liabilitiesStart of year $1,395,139$1,356,346
X-26 Total liabilitiesStart of year $1,616,049$1,664,592
X-27 Net assets without donor restrictionsStart of year $4,049,171$4,066,890
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $4,049,171$4,066,890
X-33 Total liabilities and net assetsStart of year $5,665,220$5,731,482
Part XI · Reconciliation of net assets $4,066,890 net assets at year end
XI-1 Total revenue$3,793,287
XI-2 Total expenses$3,775,568
XI-3 Revenue less expenses$17,719
XI-4 Net assets at start of year$4,049,171
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,066,890

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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