Peninsula Preparatory Academy Charter School
Nonprofit profile at a glance
- EIN
- 861106640
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Far Rockaway, NY, USA
- Phone
- 3474039231
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $7,401,283
- Expenses
- $7,454,590
- Assets
- $3,895,291
- Liabilities
- $3,651,641
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Jenny Young (PTO President)
Highest reported compensation
- Rachele Pierre (Director of Student & Family Suppor): $211,945 total reported compensation
- JASON PIERRE (COO): $207,747 total reported compensation
- Angela Inforna (Pre-K Director): $171,287 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission at Peninsula Preparatory Academy is to motivate and inspire students tobecome curious lifelong learners and critical thinkers. We aim to empower ourstudents to achieve their full potential by offering a rigorous and well-roundededucation through a focused and coherent curriculum while utilizing small-groupinstruction. We are committed to fostering a love for learning, developing strongcharacter traits, and equipping students with the skills and knowledge necessary tothrive in a competitive world.
What it reported doing in 2024
REGULAR EDUCATIONCurriculum English Language ArtsOne of Peninsula preparatory Academy's primary goals is to ensure that all students become able readers and writers. When literacy instruction is matched to scholars' unique strengths and needs, scholars learn to effectively communicate their ideas and show what they know. Students are expected to meet the Common Core State Standards in ENGLISH LANGUAGE ARTS STANDARDS (ELA) at each grade level with instruction of a core curriculum for reading, writing, listening, and speaking.In kindergarten through grade 5, Peninsula Preparatory Academy uses a research-based approach, called The Comprehensive Approach to Balanced Literacy. Balanced Literacy stresses the essential dimensions of reading through explicit teaching of phonics, phonemic awareness, fluency and expressiveness, vocabulary, and comprehension. The explicit teaching of phonics is done through the Wilson FUNDATIONS program in kindergarten through grade 2. Daily read-alouds, independent reading time, reading workshop, writing workshop, and systematic word study instruction are key features of the approach. Teachers demonstrate the habits and strategies of effective reading and writing through a variety of structures: read-aloud, guided reading, shared reading, interactive writing, and mini-lessons in reading and writing. By coaching scholars in individual or small-group conferences, teachers allow students to successfully and independently apply those strategies to their own reading and writing. Classroom libraries are the centerpiece of Balanced Literacy. These libraries allow teachers to organize instruction around authentic literature. Extensive use of classroom libraries encourages students to read and write about a variety of topics they know and like. The libraries are designed so that each grade will have a common core of books that span a range of reading levels and cover all kinds of literature from picture books, chapter books, and novels to poetry and nonfiction. In conjunction the school utilizes Triumph Learning and Curriculum Associates to prepare scholars for the state assessments in English Language Arts.MathematicsPeninsula Preparatory Academy's Mathematics program takes a balanced approach, focusing on what students need to know, and the processes and skills necessary to reason, solve problems, and think critically. Beginning in September 2011, Peninsula Preparatory Academy implemented the Go Math! curriculum. Go Math! is a focused program designed to meet the objectives and intent of the Common Core State Standards for Mathematics. The program is designed as such to support teachers as they transition scholars to the rigorous common core state based curriculum. Lessons begin with context-based situations and progress toward more abstract problems. Real world problems that are instructionally sound and relevant to the scholars are presented in each lesson. Problem solving is practiced in daily lesson sets that include application problems with embedded computation. Intervention for problem solving scaffolds to help scholars with reading word problems and uses graphic organizers. Communication and reasoning are also an important focus as scholars explain concepts verbally and in writing every day.Social StudiesPeninsula Preparatory Academy follows the City's Social Studies program has as its foundation the New York State Social Studies Core Curriculum. Through explorations of history, geography, economics, government, and civics, scholars learn about the people, places, eras, and events near and far that helped to shape our world. In grades K-2, scholars begin to develop awareness about self, family, neighborhoods, and communities large and small. In grades 3-5, they are introduced to the diversity of world communities, the historic development of New York State, and the similarities and differences among the nations that make up the Western Hemisphere (North, Central and South America and the Caribbean). We
Operating model
- Revenue model
- Earned-program. 86% 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: 83
- Transparency & Controls: 70
- Accountability: 100
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.3%; rating input score 83
- Program expense ratio: 82.8%; rating input score 83
- Fundraising efficiency: $73.33 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: -0.7%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 83.3% of revenue deployed · 82.8% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $6.2M in reported program spending
- Leadership: top reported pay $212K · 14 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $750K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.