International Leadership Charter High School

Nonprofit profile at a glance

EIN
743161540
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Bronx, NY, USA
Phone
7185622300
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Primary, Elementary Schools

Official website

Reported finances

Revenue
$8,923,059
Expenses
$9,534,304
Assets
$22,163,182
Liabilities
$19,279,535

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • DR ELAINE RUIZ LOPEZ (CEO)

Highest reported compensation

  • DR ELAINE RUIZ LOPEZ (CEO): $358,746 total reported compensation
  • ANIL EDWARD (PRINCIPAL): $174,612 total reported compensation
  • ANTHONY LOPEZ (CO STRATEGIC PARTNER): $163,800 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 international leadership charter high school will implement an academically rigorous college preparatory curriculum that will elevate students' intellectual capacity, provide a superior high school education to prepare our scholars for a high education.our students will meet and exceed city and statewide assessment averages on the New York state regents examinations in english, history, mathematics and science. Our goal is to change lives and transform communities, one scholar at a time.

What it reported doing in 2024

The international leadership chater high school ("the school") implements an academically rigorous regents and college-preparatory curriculum that elevates students' intellectual capacity and provides a superior high school education. The school has gained national and local recognition for its academic achievement. In 2016, the school became the first charter school in the bronx to successfully open a new facility with a $17,750,000 municipal bond financing issued by build nyc. The school is operating in a 28.500 square foot, three-story, state of the art facility that contains 17 classrooms and nine flex rooms to support student and faculty activities and with the capacity to accommodate approximately 400 students.from 2014 through 2017, the school placed in the top 1% of high schools and was the recipient of a bronze award from the us news & world report. During the height of the pandemic, the school received recognition for best high schools nationally and best charter school in 2020 and 2021. The school has achieved an average graduation rate of 95% over the past 5 years. The majority of graduates matriculated into a 4-year college or university. The results on the New York state regent exam scores far exceeded those in the neighboring community school districts, the city and the state. In 2021 when most nyc public schools were closed due to the pandemic the school remained open in a hybrid model and prepared students for the regents exam and kept seniors on track to graduate. The recent release of the nys report card on march 10,2022 demonstrates that the school achieved a 91% graduation rate far exceeding the rate of other school that ranged from 0%-52%. In 2020 the school received an aecn planning grant from $975,000.00 from the walton family foundation in order to support the school's plans to expand down to a middle school. Suny csi approved the expansion on june 16, 2021. Middle school will be launched when the permanent building is completed in 2025.

Operating model

Revenue model
Earned-program. 86% 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.8%; rating input score 95
  • Program expense ratio: 88.7%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Pass
    • Compensation survey or study: Missing
    • 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; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: -6.9%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 2.32; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.87; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 9.9%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 94.8% of revenue deployed · 88.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8.5M in reported program spending
  • Leadership: top reported pay $359K · 12 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $383K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 17/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.