Partnership for Inner City Education

Nonprofit profile at a glance

EIN
133976873
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
New York, NY, USA
Phone
2123711011
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations
Affiliation
Christianity

Reported finances

Revenue
$9,252,109
Expenses
$7,202,071
Assets
$37,075,220
Liabilities
$854,861

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

Leadership & pay

22 people listed

Executive titles in this filing

  • AMY M STEVENS (PRESIDENT)
  • KRISTEN GENGARO (EXECUTIVE DIRECTOR)
  • MAGGIE J JOHNSON (VICE PRESIDENT FOR ACADEMICS)
  • MARY ELIZABETH BLAUFUSS (VICE PRESIDENT FOR STRATEGIC INITIATIVES)

Highest reported compensation

  • KRISTEN GENGARO (EXECUTIVE DIRECTOR): $388,840 total reported compensation
  • GEORGE GRENIER (DIRECTOR OF FACILITIES): $245,641 total reported compensation
  • ANGELA LARSON (CHIEF FINANCIAL OFFICER): $231,417 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 partnership schools provide administrative, educational and operational services to prek-8th grade schools governed by the diocese of cleveland, which serve a high percentage of familes who cannot afford the rigorous, faith-based school options they seek. The partnership provides both human and financial resources to deliver that rigorous eduction, grounded in content, character, and faith, to its students.

What it reported doing in 2024

The partnership provided administrative, educational and operational services to seven prek - 8th grade schools governed by the archdiocese of New York, which serve a high percentage of families who cannot afford the rigorous, faith-based school options they seek. The partnership provides both human and financial resources to deliver that rigorous education, grounded in content, character, and faith, to its students. Additionally, scholarships were provided to approximately 1,600 students attending these schools. The partnership also funds capital improvements made to the school buildings.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 69% for direct work, and 31% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 72
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.4%; rating input score 64
  • Program expense ratio: 63.9%; rating input score 64
  • Fundraising efficiency: $4.99 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

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: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.6%; rating input score 100; 40th percentile among comparable filings
  • 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: 22.2%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 5.15; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 29%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 17th percentile among comparable filings
  • Revenue growth: -0.9% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -5.8% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 64.4% of revenue deployed · 63.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $4.6M in reported program spending
  • Leadership: top reported pay $389K · 22 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $882K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 21 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 17/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.