East Harlem Scholars Academy Charter School

What it reported doing in 2024

East harlem scholars academies is grounded in our core values and guiding principles that help instill in our scholars a deep sense of awareness, self-advocacy, commitment to equity, and intellectual curiosity.east harlem scholars academies believes that the best learning occurs when children engage in higher-order, critical thinking. To thrive in the 21st century workforce and successfully pursue boundless possibilities, our students learn to question, analyze, and apply their learning meaningfully. Students develop the essential critical reasoning and leadership skills to succeed in their endeavors, both inside and outside the classroom. We value a nurturing and supportive environment that supports students' love of learning and of themselves. We place a premium on students' cognitive, creative, social and emotional growth, and physical health, blending rigor with joy to ensure our scholars are inspired to learn. Students explore their individual aspirations through the school experience, developing rich personal connections to their learning.our learning community instills in all scholars a deep sense of self-esteem, cultural pride, and global responsibility so that they develop into their best possible selves. Diversity is an asset to our learning space, and our scholars are engaged with and are aware of different backgrounds and perspectives as they develop a rich understanding of the world in which they live. We value active community engagement as a way to enhance educational opportunities. Families and the wider community are mutual stakeholders in our scholars' educational success. Having access to a comprehensive support system positions students to reach their fullest potential, and our scholars' commitment to service promotes our vision of social justice and a desire to help those in need.our schools are in session from 8:15 a.m. To 3:45 p.m. Monday, tuesday, thursday, and friday. On wednesdays, scholars dismiss at 1:30 p.m., after which time staff participate in professional development. Students have daily blocks of ela, math, and science or social studies, in addition to daily rotating specials/enrichment classes (e.g., spanish, physical education, or music) and recess. Our afterschool program operates monday, tuesday, thursday, friday, 3:45 - 6:00 pm; wed, 1:45 - 6:00 pm.

Financial Efficiency

• Mission deployment rate: 99.1%; rating input score 99
• Program expense ratio: 87%; rating input score 87
• Fundraising efficiency: $5.94 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • 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: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -13.8%; rating input score 7; 7th percentile among comparable filings
• Total-asset coverage ratio: 3.75; rating input score 80; 80th percentile among comparable filings
• Liabilities to assets ratio: 1.03; rating input score 5; 5th percentile among comparable filings
• Officer compensation ratio: 4.3%; rating input score 57; 57th percentile among comparable filings

Growth

• Program expense growth: 13.7% per year; rating input score 100; 81st percentile among comparable filings
• Revenue growth: 14.4% per year; rating input score 100; 85th percentile among comparable filings
• Asset growth: 31.3% per year; rating input score 100; 96th percentile among comparable filings