Side by Side Charter School INC
Creates a multiracial learning environment to reduce racial isolation for urban and suburban children and families. For fiscal year 2024 it reported $3.8M in revenue, $3.8M in expenses, and $4.1M in net assets.Pt I
- Founded
- 1992
- Type
- Public charity (501(c)(3)) · Education
- Location
- Norwalk, CT
- Website
- sbscharter.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Matthew Nittoly’s $186K as Executive Director is at the 79th percentile of top reported officer pay among 3392 $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
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| 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.
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Where the work happens
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 79% | — | — |
| Overhead ratio | 21% | — | — |
| Fundraising cost ratio | 0.2% | — | — |
| Revenue growth | 7% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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