Northside Charter High School
Nonprofit profile at a glance
- EIN
- 263861790
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 3473901273
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $9,927,807
- Expenses
- $10,418,653
- Assets
- $7,904,963
- Liabilities
- $425,152
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- MUHAMMED CHAUDHRY (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- MUHAMMED CHAUDHRY (CHIEF EXECUTIVE OFFICER): $263,908 total reported compensation
- DWIGHT THOMAS (CSSO THRU 03/2025): $176,263 total reported compensation
- SYED FAHIM AHMED (DIRECTOR OF IT AND OPERATIONS): $155,741 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide an enriching and innovative learning environment whereby students achieve postsecondary readiness.
What it reported doing in 2024
Northside charter high school is a public charter high school that serves grades 9-12 and is located in brooklyn, New York. In pursuit of nchs's mission, it provides an innovative and enriching environment for all learners that include small class sizes, extended learning day, rigorous academics, differentiated student learning plans with multiple supports for special education and ell students, student advisory program, restorative justice practices, engagement opportunities for students' caregivers, and professional development and talent development programs for employees. Nchs serves a diverse population reflecting the fabric of our community, which includes a predominant percentage of economically disadvantaged and racially/ethnically diverse students. Nchs has high behavioral expectations including a growth mindset and commitment to academic excellence. For the 2024-2025 school year, we served approximately 420 students in grades nine through twelve.
Operating model
- Revenue model
- Earned-program. 92% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.3%; rating input score 89
- Program expense ratio: 86.2%; rating input score 86
- 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: 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: -4.9%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 10.9%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 89.3% of revenue deployed · 86.2% of spending went to programs
- Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9M in reported program spending
- Leadership: top reported pay $264K · 13 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $662K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 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: 7 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.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 27/100.