Global Community Charter School
Nonprofit profile at a glance
- EIN
- 453217621
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 6463602363
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $13,825,397
- Expenses
- $14,008,842
- Assets
- $47,742,893
- Liabilities
- $45,066,295
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- KRISTAN NORGROVE (EXECUTIVE DIRECTOR)
Highest reported compensation
- KRISTAN NORGROVE (EXECUTIVE DIRECTOR): $198,903 total reported compensation
- JASMIN CANDELARIO (MS PRINCIPAL AND CHIEF SCHOOL OFFICER): $196,072 total reported compensation
- ANNIE HUYNH (ES PRINCIPAL - LEFT DURING YEAR): $178,890 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Global community charter school believes that a school must be an open and diverse environment that allows students to freely engage with the world and its ideas while affording a variety of challenges and possibilities. By providing our students with such an environment they learn to become skilled and confident thinkers who are bold and ambitious in their pursuit of knowledge and accomplishment.
What it reported doing in 2024
Pre k students learn the fundamentals of language, literacy, math, and science through art, play and authentic expression, all of which is based on our international baccalaureate primary years program. Our prek students also develop communication and conflict resolution skills with the support of our school counselors and social/emotional curriculum. All of this serves as a solid foundation for integration into our kindergarten and elementary school programs.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program 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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93%; rating input score 93
- Program expense ratio: 91.7%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- 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: -1.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 3.41; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 6.4%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 11.6% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 31.5% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 93% of revenue deployed · 91.7% of spending went to programs
- Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $12.8M in reported program spending
- Leadership: top reported pay $199K · 14 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $604K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.