Parent Teacher Association of PS 62
Nonprofit profile at a glance
- EIN
- 475315549
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Staten Island, NY, USA
- Phone
- 7186688640
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $38,399
- Expenses
- $31,561
- Assets
- $22,609
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Janine Giordano (President)
People named in this filing
- Alaina Cotroneo (2nd Vice Pres.)
- Dana Luccese (Treasurer)
- Dina Draheim (Recording Sect.)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The objectives of the Parent Teacher Association are to provide support resources to Public School 62 The Kathleen Grimm School for Leadership and Sustainability (the "School") for the benefit and educational growth of the children. To develop a cooperative working relationship between the parents and staff of the School. To develop parent leadership and build capacity for greater involvement. To foster and encourage parent participation on all levels and to provide opportunities and training for partent participation on all levels. To provide opportunities and training for parents to participate on School governance and decision-making.
What it reported doing in 2024
School Activities - including Graduation expenses, Senior Picnic, Senior Breakfast, Gala, PTA/Other School Expenses, Father's Day, Staff/Teacher Appreciation, and School Website.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.6%; rating input score 81
- Program expense ratio: 98.1%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17.8%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 26.6% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 16% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: -4.6% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 80.6% of revenue deployed · 98.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $31K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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: Total-asset coverage ratio scored 38/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.