Science Academies of New York Charter Schools
Overview
Mission
See Schedule OScience Academies of New York Charter Schools will provide support, challenges and opportunities for its students, and it will instill the necessary skills and knowledge in math, science, and technology to empower students, through high intellectual standards, preparing them for college, career, and citizenship. The schools seek to graduate students who can think critically and creatively, who are committed to a lifetime of learning and civic involvement, and who are conscious of local, global, and environmental issues.
What it reported doing in 2024
FOOD SERVICE: The Healthy, Hunger-Free Kids Act of 2010 main goal is to improve child nutrition. The Science Academies of New York Charter Schools (The Schools) participate in the National School Lunch Program to provide our students grades K-12 healthy options for breakfast and lunch. This program is offered to all students to promote wellness, prevent and reduce childhood obesity, and encourage students to make healthy choices. Eating nutritious meals daily will help students improve academically and also improve children's lifelong eating and physical activity habits. Participating in the National School Lunch Program also provides nutritionally balanced, low-cost or free lunches to every student each school day. The Schools' goal is to ensure all students including low-income households receive the same nutritional value regardless of their financial situation.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 043739991
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- Syracuse, NY, USA
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for setting executive pay and available reserves provide a limited financial cushion.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 68
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.7%; rating input score 70
- Program expense ratio: 82.8%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 14%; rating input score 80; 80th percentile among comparable filings
- Operating reserve ratio: 1.57; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 2.4%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: 15.2% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 69.7% of revenue deployed · 82.8% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $37.7M in reported program spending
- Leadership: top reported pay $290K · 14 people listed · 2 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 annual filings from 2009 to 2024
- Money network: 5 filed money-flow records