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The Academy Charter School 2

Hempstead, NY · EIN 87-3399013 · 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

The Academy Charter School 2 reported $10.9 million in revenue and $14.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.99 went to program services, $20.01 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: 93.1% of the total. Government grants made up 5.8%. The highest compensation it reported for one person was $414,140 (CAO). 3 people received more than $100,000 in reportable compensation. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $14M

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)
80.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
20.0%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
6.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
5.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
93.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$414,140$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.93%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-4.313.3
Independent voting board members
Part VI 1a–1b
7 of 10100.0%

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

The Schools instructional program is specifically designed to meet all of the New York State Next Generation Standards in English Language Arts, Mathematics, as well as New York State Standards for Science and Social Studies. It is The Schools goal to meet and exceed student performance and assessment standards in students. Instruction is age/grade appropriate with a strong emphasis on the development of students social and academic skills through character building activities. The curricula are focused on building content knowledge and skills to satisfy the requirements for both college…

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
CAO
Officer, 1.00 hrs/week
$0$365,602$48,538$414,140
CEO
Officer, 1.00 hrs/week
$0$341,115$26,165$367,280
General Council
Officer, 1.00 hrs/week
$0$293,068$43,161$336,229
Group CFO
Officer, 1.00 hrs/week
$0$291,465$41,408$332,873
ED/CDO
Officer, 1.00 hrs/week
$0$292,852$33,693$326,545
COO
Officer, 1.00 hrs/week
$0$182,106$26,118$208,224
Principal
Listed in Part VII, 40.00 hrs/week
$167,935$0$27,250$195,185
CFO
Officer, 1.00 hrs/week
$0$174,732$7,182$181,914

3 people received more than $100,000 in reportable compensation from The Academy Charter School 2 (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

4 filings since FY2022 (8 mo.)

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$5.0M$10M$15M$20MFY2023FY2024FY2025$11M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$14M80.0%−$5.1M$414,140
FY2024 ⓘ$4.6M$6.0M81.3%−$1.8M$391,921
FY2023 ⓘ$4.5M$5.1M78.2%−$405K$386,550
FY2022 (8 mo.) ⓘ$490K$250K20.9%$240K$339,797

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–1b10 · 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 591
  • Volunteers Part I, line 610

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COMBINED RESOURCES & CONSULTING
Construction services
$355,768
ALL DELIVERY SERVICE
Transportation services
$248,372
USA COACH BUSES
Transporation services
$214,072
FORCHELLI DEEGAN TERRANA
Legal services
$210,379
SJR SECURITY CONSULTANTS LLC
Security services
$190,302

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from The Academy Charter School 2's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Academy Charter School 2, 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 The Academy Charter School 2's spending goes to programs?

In the fiscal year ending June 30, 2025, The Academy Charter School 2 reported that 80.0% of its $14.1 million in expenses went to program services, 20.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Academy Charter School 2 pay its top executive?

The largest total compensation The Academy Charter School 2 reported for one person in the fiscal year ending June 30, 2025 was $414,140, for the role of CAO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Academy Charter School 2 get its money?

Of $10.9 million in revenue in the fiscal year ending June 30, 2025, 6.9% came from contributions and grants (including 5.8% from government grants) and 93.1% from program service revenue (Form 990, Part VIII).

Is The Academy Charter School 2 a registered charity?

The IRS lists EIN 87-3399013 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202611269349302131 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531329349305838 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349316455 · read the filing
  • FY2022 (8 mo.): Form 990 for the 8-month short period ending June 30, 2022, object 202321329349303582 · read the filing

All filings for EIN 87-3399013: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.