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Pave Academy Charter School

Brooklyn, NY · EIN 26-2272858 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Pave Academy Charter School reported $10.8 million in revenue and $11.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.36 went to program services, $8.64 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.5% of the total. Government grants made up 9.1%. The highest compensation it reported for one person was $235,199 (EXECUTIVE DIRECTOR). 13 people received more than $100,000 in reportable compensation. Revenue rose 2% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
9.1%1.1%
Program service revenue share
Part VIII 2g ÷ 12
85.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$235,199$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.04%1.28%
People paid over $100,000
Part VII, line 2
138
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.913.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$11M expenses · 100.0% of program spending · revenue $9.2M

The school provides students a rigorous, college-preparatory education that lays the foundation for a productive and choice-filled life. The school's evidence-based, multi-pronged approach recognizes that young people - particularly young people of color from high-poverty communities - can only achieve academic success when they feel safe, supported, connected, and emotionally healthy. To that end, the school equally fosters the academic, social, and emotional development of skills students need to become critical thinkers, problem solvers, overcomers, and future leaders in their communities.…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 45.00 hrs/week
$227,700$0$7,499$235,199
ELEMENTARY SCHOOL PRINCIPAL
Officer, 45.00 hrs/week
$151,075$0$18,784$169,859
MS PRINCIPAL
Officer, 45.00 hrs/week
$144,845$0$11,128$155,973
DIRECTOR OF STUDENT SERVICES K-8
Highest compensated employee, 45.00 hrs/week
$116,599$0$36,948$153,547
DIRECTOR OF OPERATIONS
Highest compensated employee, 45.00 hrs/week
$132,769$0$14,388$147,157
TEACHER
Highest compensated employee, 45.00 hrs/week
$127,238$0$14,359$141,597
TEACHER
Highest compensated employee, 45.00 hrs/week
$123,845$0$13,941$137,786
TEACHER
Highest compensated employee, 45.00 hrs/week
$122,252$0$11,194$133,446

13 people received more than $100,000 in reportable compensation from Pave Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $569K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$12M91.4%$8.5M$235,199
FY2024 ⓘ$12M$12M88.0%$9.3M$225,646
FY2023 ⓘ$12M$11M88.4%$9.0M$216,167
FY2022 ⓘ$12M$10M88.3%$8.1M$165,766
FY2021 ⓘ$12M$9.4M88.0%$6.3M$153,528
FY2020 ⓘ$11M$9.3M91.5%$3.7M$147,896

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5124
  • Volunteers Part I, line 615

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
BUTTERBEANS INC
School food provider
$461,981
MARTINEZ CLEANING CO INC
Cleaning services
$313,147
LAVINIA GROUP LLC
Cirriculum & prof. Development
$117,260
TARIAN GUARD SERVICES LLC
Security
$108,280

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Pave Academy Charter School totaling $101K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Pave Academy Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Pave Academy Charter School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Pave Academy Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Pave Academy Charter School reported that 91.4% of its $11.5 million in expenses went to program services, 8.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Pave Academy Charter School pay its top executive?

The largest total compensation Pave Academy Charter School reported for one person in the fiscal year ending June 30, 2025 was $235,199, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Pave Academy Charter School get its money?

Of $10.8 million in revenue in the fiscal year ending June 30, 2025, 11.8% came from contributions and grants (including 9.1% from government grants) and 85.5% from program service revenue (Form 990, Part VIII).

Is Pave Academy Charter School a registered charity?

The IRS lists EIN 26-2272858 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513169349305786 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202413199349315971 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431239349301333 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213189349318831 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202142949349301209 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202043179349304839 · read the filing

All filings for EIN 26-2272858: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.