Public Charter school that prepares students intellectually, socially and emotionally, so they may gain entry to and succeed in the best high Schools in new york city.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$112K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
2 of 6
filings with a surplus
Average surplus $765K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$112K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $120K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$847K
114% of total assets
Concern: liabilities are 114% of assets; over 80%.
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
$2.3M
Spent
$2.4M
To programs
72%
Net assets
−$101K
By yearFY2020–FY2025
Revenue
$2.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$20.1M
FY2022$17.9M
FY2023$18.8M
FY2024$19.1M
FY2025$21.0M
Expenses
$2.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.4M
FY2021$13.0M
FY2022$16.7M
FY2023$19.4M
FY2024$20.5M
FY2025$22.5M
Net assets
−$101K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$101K
FY2021$9.9M
FY2022$11.1M
FY2023$10.5M
FY2024$9.1M
FY2025$7.6M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Sep 2020.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $1.7M Management & general 27% · $642K Fundraising 0% · $11K

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; $112K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Principal
$112,462Pt VII · Sec A
Director of Operations
$0Pt VII · Sec A
Director of Finance & Ops.
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Christina Tettonis’s $360K as Superintendent is at the 75th 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
Christina Tettonis$360,379$360,379$326,900$317,794$305,987—
Joy Petrakos$219,502—————
Joy Pretrakos—$191,810$169,321$170,622$156,531—
Natasha Caban$179,903$170,276$158,138$157,658$148,756—
Cathy Kakleas$160,556$143,449$128,945$128,760$118,736$112,462
Adam Konstantopoulos$149,095$139,352$133,704$108,401——
Anthony Underwood$131,419$143,694————
Christina Portelos——$141,810$135,161$131,530—

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 15aNo

Programs and updates

Prepares students for success in top New York City high schools.

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Provided by the organization

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1 program · $1.7M · in their own filed words · FY2019
01

To increase learning opportunities for students through innovative educational programs and to enable parents to be more involved in their children's education. The school was organized to prepare all students intellectually, socially, and emotionally, to gain entry and succeed in the best high schools innew york city.

$1.7Mprogram 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$114K
Total grants receivedfrom 2 funders$120K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$1.4M
Gifts and grantsLn 1h$836K
Other incomeLn 4–11$2K
Money outPt IX
$2.4M
Ln 25
Programscol B$1.7M
Managementcol C$642K
Fundraisingcol D$11K
Owns and owesPt X
−$101K
net assets · Ln 32
Cash and savingsLn 1–2$255K
Total assetsLn 16$746K
LiabilitiesLn 26$847K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$836K
Government grantsLn 1e$17K
Noncash giftsLn 1g$7K
Fees for servicesLn 2g$1.4M
Other incomeLn 4–11$2K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$255K
Cash and savings togetherLn 1–2$255K
Land, buildings, equipmentLn 10c$139K
Other assetsLn 15$84K
Total assetsLn 16$746K
LiabilitiesLn 26$847K
Net assetsLn 32−$101K
OperationsPt I, VI
EmployeesI 5199
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$255K
Land, buildings, equipmentLn 10c$0$139K
Total assetsLn 16$0$746K
LiabilitiesLn 26$0$847K
Net assetsLn 32$0−$101K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.2M$851K$320K$5K
Other employee benefitsLn 9$77K$56K$21K$353
Payroll taxesLn 10$90K$65K$24K$412
Legal feesLn 11b$26K$19K$7K$119
Accounting feesLn 11c$29K$21K$8K$131
Other fees for servicesLn 11g$80K$58K$22K$365
Advertising and promotionLn 12$22K$16K$6K$101
Office expensesLn 13$23K$16K$6K$104
OccupancyLn 16$569K$412K$155K$3K
TravelLn 17$3K$2K$742$12
InterestLn 20$1K$1K$390$7
Depreciation, depletion and amortizationLn 22$11K$8K$3K$50
InsuranceLn 23$21K$15K$6K$96
Other expenses (24a–d)Ln 24$231K$167K$63K$1K
All other expensesLn 24e$2K$1K$419$7
Total functional expensesLn 25$2.4M$1.7M$642K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $21.0M$22.5M−$1.5M$7.6M 990 PDF
FY2024 $19.1M$20.5M−$1.5M$9.1M 990 PDF
FY2023 $18.8M$19.4M−$608K$10.5M 990 PDF
FY2022 $17.9M$16.7M$1.2M$11.1M 990 PDF
FY2021 $20.1M$13.0M$7.1M$9.9M 990 PDF
FY2020 Viewing $2.3M$2.4M−$101K−$101K 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 O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,259,600 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$835,742
I-9 Program service revenuePrior year $0$1,421,563
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$2,295
I-12 Total revenuePrior year $0$2,259,600
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 $0$1,344,166
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$1,016,636
I-18 Total expensesPrior year $0$2,360,802
I-19 Revenue less expensesPrior year $0−$101,202
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $2,259,600 across 7 lines filed
VIII-1e Government grants$16,516
VIII-1f All other contributions, gifts and grants$819,226
VIII-1g Noncash contributions (included above)$6,832
VIII-1h Total contributions, gifts and grants$835,742
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,421,563$1,421,563
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,295$2,295
VIII-12 Total revenueRelated to mission $1,421,563 · Unrelated business $0 · Excluded from tax $2,295$2,259,600
Part IX · Statement of functional expenses $2,360,802 across 15 lines filed
IX-7 Other salaries and wagesPrograms $851,437 · Management $320,333 · Fundraising $5,390$1,177,160
IX-9 Other employee benefitsPrograms $55,797 · Management $20,992 · Fundraising $353$77,142
IX-10 Payroll taxesPrograms $64,998 · Management $24,454 · Fundraising $412$89,864
IX-11b Legal feesPrograms $18,806 · Management $7,075 · Fundraising $119$26,000
IX-11c Accounting feesPrograms $20,726 · Management $7,797 · Fundraising $131$28,654
IX-11g Other fees for servicesPrograms $57,593 · Management $21,668 · Fundraising $365$79,626
IX-12 Advertising and promotionPrograms $16,045 · Management $6,041 · Fundraising $101$22,187
IX-13 Office expensesPrograms $16,275 · Management $6,123 · Fundraising $104$22,502
IX-16 OccupancyPrograms $411,508 · Management $154,820 · Fundraising $2,605$568,933
IX-17 TravelPrograms $1,972 · Management $742 · Fundraising $12$2,726
IX-20 InterestPrograms $1,037 · Management $390 · Fundraising $7$1,434
IX-22 Depreciation, depletion and amortizationPrograms $7,784 · Management $2,929 · Fundraising $50$10,763
IX-23 InsurancePrograms $15,175 · Management $5,709 · Fundraising $96$20,980
IX-24 Other expenses (24a–d)Programs $167,294 · Management $62,941 · Fundraising $1,058$231,293
IX-24e All other expensesPrograms $1,112 · Management $419 · Fundraising $7$1,538
IX-25 Total functional expensesPrograms $1,707,559 · Management $642,433 · Fundraising $10,810$2,360,802
Part X · Balance sheet $746,154 assets, 15 lines filed
X-1 Cash, non-interest-bearing$255,347
X-3 Pledges and grants receivable$207,866
X-4 Accounts receivable$15,989
X-9 Prepaid expenses and deferred charges$43,183
X-10c Land, buildings and equipment, netStart of year $0$139,436
X-15 Other assetsStart of year $0$84,333
X-16 Total assetsStart of year $0$746,154
X-17 Accounts payable and accrued expenses$234,828
X-24 Unsecured notes and loans payable$150,000
X-25 Other liabilitiesStart of year $0$462,528
X-26 Total liabilitiesStart of year $0$847,356
X-27 Net assets without donor restrictions−$317,052
X-28 Net assets with donor restrictions$215,850
X-32 Total net assets or fund balancesStart of year $0−$101,202
X-33 Total liabilities and net assetsStart of year $0$746,154
Part XI · Reconciliation of net assets −$101,202 net assets at year end
XI-1 Total revenue$2,259,600
XI-2 Total expenses$2,360,802
XI-3 Revenue less expenses−$101,202
XI-4 Net assets at start of year$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$101,202

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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