New York Edge

Legal name: New York Edge Inc

Nonprofit profile at a glance

EIN
113112635
IRS 990 coverage
2009–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024
Location
Woodside, NY, USA
Phone
(718) 786-7110
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Camps

Official website

Reported finances

Revenue
$69,257,979
Expenses
$67,309,266
Assets
$35,274,776
Liabilities
$28,203,979

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

Leadership & pay

38 people listed

Executive titles in this filing

  • RACHAEL GAZDICK (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • RACHAEL GAZDICK (CHIEF EXECUTIVE OFFICER): $359,855 total reported compensation
  • MARISOL DE LA ROSA (CHIEF PROGRAM OFFICER): $274,769 total reported compensation
  • KEVIN HAUSS (CHIEF OPERATING OFFICER): $267,824 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

New York Edge provides free, high-quality after-school and summer programs to over 30,000 students in more than 130 NYC schools, focusing on academics, college and career readiness, the arts, sports and wellness, and the Excellence Project for gifted and talented students.

What it reported doing in 2024

Community schools: New York edge serves as the lead community-based organization (cbo) for 22 nyc community school grants. The community school strategy is a comprehensive, site-based approach designed to support students' academic success and overall well-being by integrating academic, social-emotional, family, and community supports within the school environment. These community school partnerships are intended to create coordinated systems of support for students and families by aligning in-school and out-of-school resources. New York edge's office of community schools supports the development and sustainability of these partnerships through structured collaboration, planning, and implementation. Each community school is grounded in shared leadership and collaborative planning among the school principal, school leadership team, New York edge as the lead cbo, and other relevant stakeholders. New York edge assigns a community school director to each site who is responsible for coordinating and integrating services, programs, and partnerships aligned to the school's identified needs and goals. A collaborative leadership structure (such as a community school team) is established at each site and includes representation from school leadership, New York edge staff, families, and community partners. This structure supports shared decision-making, ongoing needs assessment, and continuous program improvement.

Operating model

Revenue model
Grant-funded. 91% of the money available for current operations came from government grants.
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: 82
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.5%; rating input score 81
  • Program expense ratio: 83.8%; rating input score 84
  • Fundraising efficiency: $110.52 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • 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; 77th 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: 2.8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.52; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.8; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 8.4% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 14.3% per year; rating input score 100; 84th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 81.5% of revenue deployed · 83.8% of spending went to programs
  • Governance: 26 of 26 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $56.4M in reported program spending
  • Leadership: top reported pay $360K · 38 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.6M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 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.

  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.