Access Bronx Charter School FY2024 filing

Tax-deductible

Bronx, NY501(c)(3)Since 2004EducationEIN 72-1551706Revenue $13.4M in FY2024

On file with the IRSaccessbronxcharter.org388 Willis Ave, 10454-1303 · Bronx, NYTax-exempt since Jun 2004School — 170(b)(1)(A)(ii)

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The mission of the Access Bronx Charter School is to empower our children to achieve their greatest potential both as students and as members of their communities.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$775K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
6 of 6
filings with a surplus
Average surplus $773K a year · 6% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$775K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $416K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7.4M
45% of total assets
Looks good: liabilities are 45% 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
$13.4M
-4% vs prior year
Spent
$13.0M
To programs
90%
Net assets
$9.0M
By yearFY2020–FY2025
Revenue
$13.4M
FY2024▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.1M
FY2021$10.3M
FY2022$11.8M
FY2023$14.0M
FY2024$13.4M
FY2025$14.3M
Expenses
$13.0M
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.9M
FY2021$8.7M
FY2022$10.9M
FY2023$13.2M
FY2024$13.0M
FY2025$13.6M
Net assets
$9.0M
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.3M
FY2021$6.9M
FY2022$7.7M
FY2023$8.6M
FY2024$9.0M
FY2025$9.7M

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 Jun 2004.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $11.6M Management & general 9% · $1.1M Fundraising 2% · $227K

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

15 people listed on the 990; $775K 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
Executive Di
$185,246Pt VII · Sec A
First Grade
$123,004Pt VII · Sec A
Dir. of Deve
$117,030Pt VII · Sec A
Kindergarten
$116,922Pt VII · Sec A
Elem. School
$116,825Pt VII · Sec A
Mid. School
$116,392Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Denise Alexander’s $190K as Executive Di is at the 33rd 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
Denise Alexander$190,073$185,246$177,984$183,021$180,312$167,847
Tara Y Cox$140,324—————
Kristen Silfies————$136,407—
Peggy a McIntosh$129,619—————
Kristin Silfies—————$126,818
Tina Maiuolo$123,872$116,825$117,812———
Samuel Rosado$123,813—————
Peggy McIntosh—$123,004$117,564$102,478$100,529—

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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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

Provides elementary education for children in kindergarten through eighth grade.

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Provided by the organization

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1 program · $11.6M · in their own filed words · FY2023
01

The access bronx charter school was established in 2004 to provide children in the south bronx with an opportunity to succeed in school and in life. The school empowers children to meet and exceed high academic standards, develop a life long passion for learning, make healthy choices and become community leaders.

$11.6Mprogram 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
50can INCFY2024$332K
Total grants receivedfrom 3 funders$416K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$13.4M
Ln 12
Fees for servicesLn 2g$11.3M
Gifts and grantsLn 1h$1.8M
Investment incomeLn 3$298K
Money outPt IX
$13.0M
Ln 25
Programscol B$11.6M
Managementcol C$1.1M
Fundraisingcol D$227K
Owns and owesPt X
$9.0M
net assets · Ln 32
Cash and savingsLn 1–2$5.5M
Total assetsLn 16$16.5M
LiabilitiesLn 26$7.4M
PeoplePt VI, VII
15
listed · VII A
PaidVII A6
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Government grantsLn 1e$1.4M
Fees for servicesLn 2g$11.3M
Investment incomeLn 3$298K
Total revenueLn 12$13.4M
Assets in detailPt X, end of year
CashLn 1$371
SavingsLn 2$5.5M
Cash and savings togetherLn 1–2$5.5M
InvestmentsLn 11–13$2.6M
Land, buildings, equipmentLn 10c$605K
Other assetsLn 15$7.1M
Total assetsLn 16$16.5M
LiabilitiesLn 26$7.4M
Net assetsLn 32$9.0M
OperationsPt I, VI
EmployeesI 5116
VolunteersI 68
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$4.5M$5.5M
InvestmentsLn 11–13$2.3M$2.6M
Land, buildings, equipmentLn 10c$370K$605K
Total assetsLn 16$18.6M$16.5M
LiabilitiesLn 26$10.0M$7.4M
Net assetsLn 32$8.6M$9.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$201K$120K$60K$20K
Other salaries and wagesLn 7$6.4M$5.7M$589K$133K
Pension plan contributionsLn 8$86K$77K$8K$2K
Other employee benefitsLn 9$1.1M$929K$101K$24K
Payroll taxesLn 10$526K$462K$51K$12K
Legal feesLn 11b$46K$46K
Accounting feesLn 11c$32K$32K
Other fees for servicesLn 11g$345K$302K$30K$13K
Office expensesLn 13$134K$110K$12K$11K
Information technologyLn 14$55K$48K$5K$1K
OccupancyLn 16$2.6M$2.5M$126K$5K
Depreciation, depletion and amortizationLn 22$151K$133K$15K$3K
InsuranceLn 23$100K$78K$22K
Other expenses (24a–d)Ln 24$1.1M$1.1M$24K$1K
All other expensesLn 24e$75K$67K$6K$1K
Total functional expensesLn 25$13.0M$11.6M$1.1M$227K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $14.3M$13.6M$668K$9.7M 990 PDF
FY2024 Viewing $13.4M$13.0M$438K$9.0M 990 PDF
FY2023 $14.0M$13.2M$865K$8.6M 990 PDF
FY2022 $11.8M$10.9M$831K$7.7M 990 PDF
FY2021 $10.3M$8.7M$1.6M$6.9M 990 PDF
FY2020 $8.1M$7.9M$274K$5.3M 990 PDF

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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 (6 parts)
Part I · Summary $13,414,364 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,366,109$1,846,601
I-9 Program service revenuePrior year $11,539,007$11,269,291
I-10 Investment incomePrior year $130,947$298,472
I-11 Other revenue$0
I-12 Total revenuePrior year $14,036,063$13,414,364
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $8,531,534$8,276,700
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,639,927$4,699,472
I-18 Total expensesPrior year $13,171,461$12,976,172
I-19 Revenue less expensesPrior year $864,602$438,192
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 $13,414,364 across 6 lines filed
VIII-1e Government grants$1,381,846
VIII-1f All other contributions, gifts and grants$464,755
VIII-1h Total contributions, gifts and grants$1,846,601
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,269,291$11,269,291
VIII-3 Investment incomeExcluded from tax $298,472$298,472
VIII-12 Total revenueRelated to mission $11,269,291 · Excluded from tax $298,472$13,414,364
Part IX · Statement of functional expenses $12,976,172 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $120,451 · Management $60,225 · Fundraising $20,076$200,752
IX-7 Other salaries and wagesPrograms $5,688,126 · Management $588,696 · Fundraising $133,397$6,410,219
IX-8 Pension plan contributionsPrograms $76,716 · Management $7,646 · Fundraising $1,693$86,055
IX-9 Other employee benefitsPrograms $928,921 · Management $101,219 · Fundraising $23,620$1,053,760
IX-10 Payroll taxesPrograms $462,365 · Management $51,418 · Fundraising $12,131$525,914
IX-11b Legal feesManagement $45,891$45,891
IX-11c Accounting feesManagement $32,436$32,436
IX-11g Other fees for servicesPrograms $302,199 · Management $30,087 · Fundraising $12,663$344,949
IX-13 Office expensesPrograms $110,151 · Management $12,250 · Fundraising $11,447$133,848
IX-14 Information technologyPrograms $48,090 · Management $5,348 · Fundraising $1,262$54,700
IX-16 OccupancyPrograms $2,515,873 · Management $125,564 · Fundraising $4,939$2,646,376
IX-22 Depreciation, depletion and amortizationPrograms $133,170 · Management $14,809 · Fundraising $3,494$151,473
IX-23 InsurancePrograms $77,958 · Management $21,734$99,692
IX-24 Other expenses (24a–d)Programs $1,090,231 · Management $24,187 · Fundraising $1,085$1,115,503
IX-24e All other expensesPrograms $66,914 · Management $6,222 · Fundraising $1,468$74,604
IX-25 Total functional expensesPrograms $11,621,165 · Management $1,127,732 · Fundraising $227,275$12,976,172
Part X · Balance sheet $16,462,940 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $74,662$371
X-2 Savings and temporary cash investmentsStart of year $4,424,759$5,515,708
X-3 Pledges and grants receivableStart of year $1,771,200$379,211
X-9 Prepaid expenses and deferred chargesStart of year $410,264$312,895
X-10c Land, buildings and equipment, netStart of year $370,343$604,534
X-11 Publicly traded securitiesStart of year $2,272,861$2,550,007
X-15 Other assetsStart of year $9,256,710$7,100,214
X-16 Total assetsStart of year $18,580,799$16,462,940
X-17 Accounts payable and accrued expensesStart of year $894,917$704,157
X-19 Deferred revenueStart of year $273,619$3,310
X-25 Other liabilitiesStart of year $8,808,931$6,713,949
X-26 Total liabilitiesStart of year $9,977,467$7,421,416
X-27 Net assets without donor restrictionsStart of year $8,528,332$9,041,524
X-32 Total net assets or fund balancesStart of year $8,603,332$9,041,524
X-33 Total liabilities and net assetsStart of year $18,580,799$16,462,940
Part XI · Reconciliation of net assets $9,041,524 net assets at year end
XI-1 Total revenue$13,414,364
XI-2 Total expenses$12,976,172
XI-3 Revenue less expenses$438,192
XI-4 Net assets at start of year$8,603,332
XI-10 Net assets at end of year$9,041,524

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

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