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Explore Charter Schools of Brooklyn

Brooklyn, NY · EIN 27-4092757 · 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

Explore Charter Schools of Brooklyn reported $38.6 million in revenue and $38.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.94 went to program services, $21.06 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: 95.5% of the total. The highest compensation it reported for one person was $235,072 (PRINCIPAL). 61 people received more than $100,000 in reportable compensation. Revenue fell 5% 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 $38M

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 $39M

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)
78.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
21.1%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
3.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
3.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
95.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$235,072$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.61%1.28%
People paid over $100,000
Part VII, line 2
618
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.213.3
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

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
$22M expenses · 73.1% of program spending · grants $188K · revenue $32M

General education - provided classroom curriculum to students in kindergarten through eighth grade for the 2024-2025 academic year. We served approximately 1,694 students for a full year of classroom instruction

$8.2M expenses · 26.9% of program spending · revenue $4.7M

Special education - provided opportunities for special education students by providing 12:1:1 classroom settings, integrated co-teaching classrooms in every grade level, special education support services, and counseling

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
PRINCIPAL
Officer, 50.00 hrs/week
$199,665$0$35,407$235,072
PRINCIPAL
Officer, 50.00 hrs/week
$196,744$0$23,368$220,112
PRINCIPAL
Officer, 50.00 hrs/week
$179,533$0$30,550$210,083
PRINCIPAL
Officer, 50.00 hrs/week
$183,865$0$14,412$198,277
PRINCIPAL
Officer, 50.00 hrs/week
$186,897$0$1,473$188,370
PRINCIPAL
Officer, 50.00 hrs/week
$153,156$0$27,830$180,986
PRINCIPAL
Officer, 50.00 hrs/week
$145,246$0$28,630$173,876
ACADEMIC DIRECTOR
Highest compensated employee, 50.00 hrs/week
$124,461$0$30,270$154,731

61 people received more than $100,000 in reportable compensation from Explore Charter Schools of Brooklyn (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$39M$38M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$39M$38M78.9%$7.1M$235,072
FY2024 ⓘ$44M$46M82.3%$6.9M$210,418
FY2023 ⓘ$43M$49M81.1%$9.6M$233,665
FY2022 ⓘ$42M$43M81.9%$16M$214,053
FY2021 ⓘ$47M$42M83.4%$17M$182,553
FY2020 ⓘ$41M$40M83.6%$12M$181,329

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–1b11 · 11 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 5377
  • Volunteers Part I, line 611

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
EXPLORE SCHOOLS INC
Academic & business services
$4,874,348
RICOH USA INC
Internet and technology support
$399,719
SCHOOL PROFESSIONALS
Subsitute teachers
$370,296
CHARTER SUBSTITUTE TEACHER NETWORK
Subsitute teachers
$358,883
LEAP EDUCATIONAL CONSULTING INC
Math curriculm support
$133,370

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Explore Charter Schools of Brooklyn's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Explore Charter Schools of Brooklyn, 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 Explore Charter Schools of Brooklyn's spending goes to programs?

In the fiscal year ending June 30, 2025, Explore Charter Schools of Brooklyn reported that 78.9% of its $38.4 million in expenses went to program services, 21.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Explore Charter Schools of Brooklyn pay its top executive?

The largest total compensation Explore Charter Schools of Brooklyn reported for one person in the fiscal year ending June 30, 2025 was $235,072, for the role of PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Explore Charter Schools of Brooklyn get its money?

Of $38.6 million in revenue in the fiscal year ending June 30, 2025, 3.7% came from contributions and grants (including 3.7% from government grants) and 95.5% from program service revenue (Form 990, Part VIII).

Is Explore Charter Schools of Brooklyn a registered charity?

The IRS lists EIN 27-4092757 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 202513219349304781 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349300004 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349318943 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349320222 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349316793 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131379349310458 · read the filing

All filings for EIN 27-4092757: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.