New York Military Academy
Nonprofit profile at a glance
- EIN
- 140921372
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Cornwall on Hudson, NY, USA
- Phone
- 8455343710
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,583,485
- Expenses
- $4,104,094
- Assets
- $1,118,994
- Liabilities
- $10,967,008
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- YUZONG LU (President)
Highest reported compensation
- Sunny Doman (Superintendent): $134,400 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 New York Military Academy is to prepare them for further education and to be effective leaders and responsible citizens, to develop the cadets in mind, body, and character; to prepare them for further education and to be effective leaders and responsible citizens. Inherent in this mission are our four pillars of success: Academics, Character, Leadership, Athletics.
What it reported doing in 2024
Academic services, professionals, a tailor, facilities and grounds management, and leadership development.the New York military academy is a college preparatory boarding school serving grades 7-post graduate. The academy serves 42 students which include 9 ninth graders, 3 tenth graders, 8 eleventh graders, 14 twelfth graders, and 8 postgraduates providing them instruction in an academic course of english, mathematics, history, science, foreign languages, leadership, civics, and physical education.students are served by a staff of 53 which include faculty, administration, residential life counselors, kitchen staff, medical services.we are committed to on-campus learning because we acknowledge that in-person education is important. The american academy of pediatrics strongly advocates that all policy considerations for the coming school year should start with a goal of having students physically present in school, and we wholeheartedly agree. We believe that our committed community, experience as educators, and the sheer size and expansiveness of our campus have helped us develop a pandemic response that is unparalleled by any school in the vicinity.the keys to our success during this unprecedented time are trust agility, and preparedness - from staff and families.we are currently and have been for the past academic year an in-classroom academic program. This allowed for our learning to take place on campus while ensuring that all students are able to participate fully. We have continued with the modifications included a change to our calendar, following these dates: september 7 - november 19: trimester onenovember 29 - march 11: trimester twomarch 27 - june 4: trimester threewe recognized that our energetic cadets need time to regroup and reconnect with loved ones. That's why we've moved from the semester system to the trimester system, which allows for longer breaks and more uninterrupted time at home.trimesters give our nyma cadets flexibility for electives, the ability to reinforce curriculum, and uniquely offer the opportunity to cover essential materials. For instance, a student who struggles in algebr may take algebra in the fall, the essentials of algebra in the winter and complete the course in the spring, whereas a student who does well in the subject could complete the course in two terms rather than three, opening up opportunities for electives.the trimester system also enables our cadets to take more classes and earn more credit hours in a single school year. This provides them with important advantages, including opportunities for academic reinforcement when necessary and, when possible, even more academic enrichment through an expanded slate of elective courses, including new subjects such as latin, forensics, astronomy, african american literature, ancient greek, art history, and geography.
Operating model
- Revenue model
- Earned-program. 87% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 92
- Accountability: 74
- Sustainability: 11
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.7%; rating input score 71
- Program expense ratio: 27.3%; rating input score 27
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 19th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -159.2%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 9.8; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -8.8% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -12.6% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 70.7% of revenue deployed · 27.3% of spending went to programs
- Governance: 5 of 6 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $134K · 6 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Program expense ratio scored 27/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.