Success Foundation INC FY2024 filing

New York, NYUnknown exempt organizationEIN 46-1501902

This page gets seen. Tell your story. Claim this org.

To be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of Success academy charter schools, INC., a related 501(c)(3) org.

55¢ of each $1 spent went to programs.
$780K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
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
3 of 5
filings with a surplus
Average deficit $17K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$780K
to officers and key staff · 208% of spending
Concern: pay to officers and key staff is 208% of spending; over 30%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $380K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$504K
94% of total assets
Concern: liabilities are 94% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$380K
-69% vs prior year
Spent
$375K
To programs
55%
Net assets
$34K
By yearFY2020–FY2025
Revenue
$380K
FY2024▼ -69%
Revenue by fiscal year
FY2020$800K
FY2021$600K
FY2022$400K
FY2023$1.2M
FY2024$380K
FY2025$0
Expenses
$375K
FY2024▼ -57%
Expenses by fiscal year
FY2020$606K
FY2021$801K
FY2022$826K
FY2023$875K
FY2024$375K
FY2025Not on file
Net assets
$34K
FY2024▲ +17%
Net assets by fiscal year
FY2020$311K
FY2021$110K
FY2022−$316K
FY2023$29K
FY2024$34K
FY2025$0

From the FY2024 Form 990 (year ending June 2024) · see the original

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

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $205K Management & general 45% · $170K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990; $780K 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
Chief Executive Officer
$780,000Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Eva Moskowitz$780,000$780,000$767,500$580,000$755,000

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 Success Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Supports Success Academy Charter Schools by providing essential resources and services.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $205K · in their own filed words · FY2023
01

To be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of success academy charter schools, inc., a related 501(c)(3) organization. The organization makes periodic charitable distributions and grants exclusively to success academy charter schools, inc.

$205Kprogram 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$380K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$380K
Ln 12
Gifts and grantsLn 1h$380K
Money outPt IX
$375K
Ln 25
Programscol B$205K
Managementcol C$170K
Owns and owesPt X
$34K
net assets · Ln 32
Cash and savingsLn 1–2$158K
Total assetsLn 16$538K
LiabilitiesLn 26$504K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$380K
Gains on assetsLn 7$0
Total revenueLn 12$380K
Assets in detailPt X, end of year
CashLn 1$158K
SavingsLn 2$0
Cash and savings togetherLn 1–2$158K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$538K
LiabilitiesLn 26$504K
Net assetsLn 32$34K
OperationsPt I, VI
EmployeesI 51
VolunteersI 63
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 FY24End FY24
Cash and savingsLn 1–2$403K$158K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$409K$538K
LiabilitiesLn 26$380K$504K
Net assetsLn 32$29K$34K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$202K$202K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$3K$3K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$10K$10K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$113K$113K
Office expensesLn 13$0
Information technologyLn 14$737$737
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$46K$46K
Total functional expensesLn 25$375K$205K$170K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $0$0 990 PDF
FY2024 Viewing $380K$375K$5K$34K 990 PDF
FY2023 $1.2M$875K$345K$29K 990 PDF
FY2022 $400K$826K−$426K−$316K 990 PDF
FY2021 $600K$801K−$201K$110K 990 PDF
FY2020 $800K$606K$194K$311K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $380,000 across 8 lines filed
VIII-1f All other contributions, gifts and grants$380,000
VIII-1h Total contributions, gifts and grants$380,000
VIII-3 Investment incomeUnrelated business $0$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueUnrelated business $0$380,000
Part IX · Statement of functional expenses $375,114 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $202,500$202,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $2,921$2,921
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $10,000$10,000
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionManagement $112,915$112,915
IX-13 Office expenses$0
IX-14 Information technologyManagement $737$737
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $46,041$46,041
IX-25 Total functional expensesPrograms $205,421 · Management $169,693 · Fundraising $0$375,114
Part X · Balance sheet $537,552 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $403,104$157,552
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$380,000
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $6,120$0
X-16 Total assetsStart of year $409,224$537,552
X-17 Accounts payable and accrued expensesStart of year $380,438$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$503,880
X-26 Total liabilitiesStart of year $380,438$503,880
X-27 Net assets without donor restrictionsStart of year $28,786$33,672
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $28,786$33,672
X-33 Total liabilities and net assetsStart of year $409,224$537,552
Part XI · Reconciliation of net assets $33,672 net assets at year end
XI-1 Total revenue$380,000
XI-2 Total expenses$375,114
XI-3 Revenue less expenses$4,886
XI-4 Net assets at start of year$28,786
XI-10 Net assets at end of year$33,672

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.