Cardinal Mccloskey Community Charter School
Nonprofit profile at a glance
- EIN
- 823959799
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2017
- Location
- Bronx, NY, USA
- Phone
- 6466602491
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Charter Schools
Reported finances
- Revenue
- $12,364,748
- Expenses
- $12,201,472
- Assets
- $9,903,589
- Liabilities
- $2,909,647
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Highest reported compensation
- MARY ANNE DEVIVO (PRINCIPAL): $246,844 total reported compensation
- ZULLY FERNANDEZ (Director of Curriculum & Instruction): $139,095 total reported compensation
- CHRISTIAN ADAMKIEWICZ (DIRECTOR OF SCHOOL CULTURE/ Director of Operations (THRU 06/30/2025)): $118,678 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of cardinal mccloskey community charter school is to address the academic, social-emotional and developmental needs of its students in a safe, supportive and trauma-sensitive learning environment. The school is committed to serving at-risk students, including students in foster care and students receiving prevention services. Through a rigorous program of instruction utilizing a trauma-informed, sanctuary approach and by providing a wide range of wraparound support services, cardinal mccloskey community charter school will help each student become more resilient, independent and academically successful.
What it reported doing in 2024
Expenses associated with the activities of the charter school, currently enrolling and educating kindergarten through 5th-grade classes. Each student in the charter school program has an individual growth-for-success plan and will be provided with therapeutic assistance and group and/or individual counseling in close collaboration with each classroom's teachers and other instructional staff. This simultaneous commitment to a low teacher/instructional staff to student ratio and coordinated, individualized wraparound support services is an essential context for implementing a rigorous and nys standards aligned instructional program to support each child's academic and social/emotional development. Cardinal mccloskey community charter school aligns its k-4 academic program which engages ny common core learning standards (ccls) curriculum modules.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.5%; rating input score 78
- Program expense ratio: 79.4%; rating input score 79
- Fundraising efficiency: $232.64 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 33% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 30.2% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 36% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 78.5% of revenue deployed · 79.4% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.7M in reported program spending
- Leadership: top reported pay $247K · 11 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.