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.
81¢ of each $1 spent went to programs.
$862K 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

FY2021 · 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
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$862K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.5 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
$3.4M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 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
$20.1M
+789% vs prior year
Spent
$13.0M
To programs
81%
Net assets
$9.9M
By yearFY2020–FY2025
Revenue
$20.1M
FY2021▲ +789%
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
$13.0M
FY2021▲ +452%
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
$9.9M
FY2021▲ ×100
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 FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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

81 cents of each dollar spent went to programs.

Program services 81% · $10.6M Management & general 18% · $2.4M Fundraising 0% · $49K

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

14 people listed on the 990; $862K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$305,987Pt VII · Sec A
Director of Operations
$156,531Pt VII · Sec A
Principal
$148,756Pt VII · Sec A
Director of Finance & Ops.
$131,530Pt VII · Sec A
Principal
$118,736Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$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.

See Hellenic Classical Charter Schools 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 15aYes

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 · $10.6M · in their own filed words · FY2020
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 provided education to approximately 497 students in grades kindergarten through eighth during the 2020-2021 academic year.

$10.6Mprogram 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$114K
Total grants receivedfrom 2 funders$120K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$20.1M
Ln 12
Fees for servicesLn 2g$12.0M
Gifts and grantsLn 1h$8.0M
Other incomeLn 4–11$132K
Money outPt IX
$13.0M
Ln 25
Programscol B$10.6M
Managementcol C$2.4M
Fundraisingcol D$49K
Owns and owesPt X
$9.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$13.3M
LiabilitiesLn 26$3.4M
PeoplePt VI, VII
14
listed · VII A
PaidVII A5
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.0M
Government grantsLn 1e$998K
Noncash giftsLn 1g$35K
Fees for servicesLn 2g$12.0M
Other incomeLn 4–11$132K
Total revenueLn 12$20.1M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$121K
Cash and savings togetherLn 1–2$1.6M
Land, buildings, equipmentLn 10c$10.2M
Other assetsLn 15$131K
Total assetsLn 16$13.3M
LiabilitiesLn 26$3.4M
Net assetsLn 32$9.9M
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 FY21End FY21
Cash and savingsLn 1–2$1.4M$1.6M
Land, buildings, equipmentLn 10c$10.5M$10.2M
Total assetsLn 16$12.3M$13.3M
LiabilitiesLn 26$10.7M$3.4M
Net assetsLn 32$1.6M$9.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$494K$411K$81K$2K
Other salaries and wagesLn 7$6.6M$5.5M$1.1M$25K
Other employee benefitsLn 9$907K$756K$147K$3K
Payroll taxesLn 10$626K$522K$101K$2K
Management feesLn 11a$106K$89K$17K$403
Legal feesLn 11b$80K$65K$14K$304
Accounting feesLn 11c$84K$69K$14K$318
Other fees for servicesLn 11g$194K$160K$33K$740
Advertising and promotionLn 12$30K$25K$5K$114
Office expensesLn 13$115K$95K$19K$434
OccupancyLn 16$1.9M$1.6M$347K$7K
TravelLn 17$3K$2K$463$11
Conferences, conventions and meetingsLn 19$201$166$34$1
InterestLn 20$248K$248K
Depreciation, depletion and amortizationLn 22$528K$443K$82K$2K
InsuranceLn 23$102K$85K$17K$387
Other expenses (24a–d)Ln 24$985K$813K$168K$4K
All other expensesLn 24e$20K$17K$3K$76
Total functional expensesLn 25$13.0M$10.6M$2.4M$49K

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 Viewing $20.1M$13.0M$7.1M$9.9M 990 PDF
FY2020 $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 M · Noncash J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $20,095,050 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $454,747$7,984,323
I-9 Program service revenuePrior year $8,522,411$11,978,630
I-10 Investment incomePrior year $2$0
I-11 Other revenuePrior year $13,849$132,097
I-12 Total revenuePrior year $8,991,009$20,095,050
I-13 Grants and similar amounts paidPrior year $5,500$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,434,048$8,599,643
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,404,220$4,437,615
I-18 Total expensesPrior year $8,843,768$13,037,258
I-19 Revenue less expensesPrior year $147,241$7,057,792
Part VI · Governance 8 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $20,095,050 across 8 lines filed
Lines not itemized here account for $5,208 of total revenue; see the IRS return.
VIII-1d Related organizations$6,975,945
VIII-1e Government grants$998,251
VIII-1f All other contributions, gifts and grants$10,127
VIII-1g Noncash contributions (included above)$34,566
VIII-1h Total contributions, gifts and grants$7,984,323
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,978,630$11,978,630
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $126,889$126,889
VIII-12 Total revenueRelated to mission $11,978,630 · Unrelated business $0 · Excluded from tax $132,097$20,095,050
Part IX · Statement of functional expenses $13,037,258 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $410,751 · Management $80,994 · Fundraising $1,876$493,621
IX-7 Other salaries and wagesPrograms $5,469,708 · Management $1,079,033 · Fundraising $24,990$6,573,731
IX-9 Other employee benefitsPrograms $756,156 · Management $147,044 · Fundraising $3,438$906,638
IX-10 Payroll taxesPrograms $521,808 · Management $101,472 · Fundraising $2,373$625,653
IX-11a Management feesPrograms $88,729 · Management $17,254 · Fundraising $403$106,386
IX-11b Legal feesPrograms $65,379 · Management $13,856 · Fundraising $304$79,539
IX-11c Accounting feesPrograms $69,467 · Management $13,869 · Fundraising $318$83,654
IX-11g Other fees for servicesPrograms $160,263 · Management $32,752 · Fundraising $740$193,755
IX-12 Advertising and promotionPrograms $24,916 · Management $5,050 · Fundraising $114$30,080
IX-13 Office expensesPrograms $94,851 · Management $19,362 · Fundraising $434$114,647
IX-16 OccupancyPrograms $1,589,400 · Management $346,792 · Fundraising $7,470$1,943,662
IX-17 TravelPrograms $2,498 · Management $463 · Fundraising $11$2,972
IX-19 Conferences, conventions and meetingsPrograms $166 · Management $34 · Fundraising $1$201
IX-20 InterestManagement $248,391$248,391
IX-22 Depreciation, depletion and amortizationPrograms $443,342 · Management $82,256 · Fundraising $1,991$527,589
IX-23 InsurancePrograms $84,524 · Management $16,945 · Fundraising $387$101,856
IX-24 Other expenses (24a–d)Programs $812,764 · Management $168,327 · Fundraising $3,764$984,855
IX-24e All other expensesPrograms $16,585 · Management $3,367 · Fundraising $76$20,028
IX-25 Total functional expensesPrograms $10,611,307 · Management $2,377,261 · Fundraising $48,690$13,037,258
Part X · Balance sheet $13,300,656 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $1,343,522$1,494,343
X-2 Savings and temporary cash investmentsStart of year $71,040$121,040
X-3 Pledges and grants receivableStart of year $172,582$1,271,474
X-4 Accounts receivableStart of year $21,214$25,118
X-9 Prepaid expenses and deferred chargesStart of year $23,356$89,591
X-10c Land, buildings and equipment, netStart of year $10,493,655$10,168,016
X-15 Other assetsStart of year $184,766$131,074
X-16 Total assetsStart of year $12,310,135$13,300,656
X-17 Accounts payable and accrued expensesStart of year $1,077,448$1,592,858
X-19 Deferred revenueStart of year $0$14,380
X-24 Unsecured notes and loans payableStart of year $0$150,000
X-25 Other liabilitiesStart of year $2,517,077$1,618,151
X-26 Total liabilitiesStart of year $10,706,795$3,375,389
X-27 Net assets without donor restrictionsStart of year $1,439,031$9,774,843
X-28 Net assets with donor restrictionsStart of year $164,309$150,424
X-32 Total net assets or fund balancesStart of year $1,603,340$9,925,267
X-33 Total liabilities and net assetsStart of year $12,310,135$13,300,656
Part XI · Reconciliation of net assets $9,925,267 net assets at year end
XI-1 Total revenue$20,095,050
XI-2 Total expenses$13,037,258
XI-3 Revenue less expenses$7,057,792
XI-4 Net assets at start of year$1,603,340
XI-9 Other changes in net assets$1,264,135
XI-10 Net assets at end of year$9,925,267

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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