Achievement First East New York Charter School C/O Achievement First Inc
Achievement First East New York Charter School consistently generated over $9M in revenue from 2011-2014, operating near break-even.
EIN: 202574544 · New Haven, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $12.4M |
| Program Spending | 85% |
| Net Assets | $3.1M |
| Transparency Score | 75/100 |
Is Achievement First East New York Charter School C/O Achievement First Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Achievement First East New York Charter School C/O Achievement First Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Achievement First East New York Charter School C/O Achievement First Inc
Achievement First East New York Charter School C/O Achievement First Inc (EIN: 202574544) is a nonprofit organization based in New Haven, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Achievement First East New York Charter School C/O Achievement First Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Achievement First East New York Charter School C/O Achievement First Inc is a large nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.1M |
| Total Expenses | $12.4M |
| Surplus / Deficit | $-377,684 |
| Total Assets | $3.8M |
| Total Liabilities | $696K |
| Net Assets | $3.1M |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2014, Achievement First East New York Charter School C/O Achievement First Inc reported a deficit of $378K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Achievement First East New York Charter School C/O Achievement First Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +10.2% | +12.5% | -8.6% |
| 2013 | +9.2% | +14.0% | +3.4% |
| 2012 | +10.2% | +18.3% | +0.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Achievement First East New York Charter School C/O Achievement First Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Achievement First East New York Charter School C/O Achievement First Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $378K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.3%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation for Achievement First East New York Charter School across all reported periods (2011-2014), suggesting executive compensation is either managed and reported at the parent organization level (Achievement First Inc) or is not applicable to this specific entity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Achievement First East New York Charter School C/O Achievement First Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, requiring further investigation into reporting structure.
Strengths
The following positive indicators were identified for Achievement First East New York Charter School C/O Achievement First Inc:
- Consistent revenue generation of over $9 million annually from 2011-2014.
- Stable asset base of approximately $4 million across multiple years.
- Generally operates near break-even, indicating sound financial management.
- Low liabilities relative to assets, suggesting good financial health.
Frequently Asked Questions about Achievement First East New York Charter School C/O Achievement First Inc
Is Achievement First East New York Charter School C/O Achievement First Inc a legitimate charity?
Achievement First East New York Charter School C/O Achievement First Inc (EIN: 202574544) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 4 years of IRS 990 filings on record. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Achievement First East New York Charter School C/O Achievement First Inc spend its money?
Achievement First East New York Charter School C/O Achievement First Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Achievement First East New York Charter School C/O Achievement First Inc tax-deductible?
Achievement First East New York Charter School C/O Achievement First Inc is registered as a tax-exempt nonprofit (EIN: 202574544). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Achievement First East New York Charter School C/O Achievement First Inc's spending goes to programs?
Achievement First East New York Charter School C/O Achievement First Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Achievement First East New York Charter School C/O Achievement First Inc located?
Achievement First East New York Charter School C/O Achievement First Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 202574544.
How many years of IRS 990 filings does Achievement First East New York Charter School C/O Achievement First Inc have?
Achievement First East New York Charter School C/O Achievement First Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Why does the latest filing show $0 in revenue and assets?
This is likely due to the financial reporting structure of charter schools, where the parent organization (Achievement First Inc) may consolidate the financials of its individual schools. The school itself might not directly hold significant assets or revenue in its own EIN's latest filing.
What is the actual breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses. A full IRS Form 990 would be needed to determine the exact percentages allocated to programs, administration, and fundraising.
How is executive compensation handled for this entity?
The data shows 0% officer compensation, implying that executive compensation for the school's leadership is either paid and reported by the parent organization, Achievement First Inc, or is not directly attributed to this specific EIN.
Filing History
IRS 990 filing history for Achievement First East New York Charter School C/O Achievement First Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Achievement First East New York Charter School C/O Achievement First Inc's revenue has grown by 32.5%, moving from $9.1M to $12.1M. Total assets decreased by 5.1% over the same period, from $4.0M to $3.8M. Total functional expenses rose by 51.8%, from $8.2M to $12.4M. In its most recent filing year (2014), Achievement First East New York Charter School C/O Achievement First Inc reported a deficit of $378K, with expenses exceeding revenue. The organization holds $696K in liabilities against $3.8M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $12.1M | $12.4M | $3.8M | $696K | — | View 990 |
| 2013 | $10.9M | $11.0M | $4.2M | $677K | — | View 990 |
| 2012 | $10.0M | $9.7M | $4.0M | $433K | — | View 990 |
| 2011 | $9.1M | $8.2M | $4.0M | $743K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $12.1M, expenses of $12.4M, and assets of $3.8M (revenue +10.2% year-over-year).
- 2013: Revenue of $10.9M, expenses of $11.0M, and assets of $4.2M (revenue +9.2% year-over-year).
- 2012: Revenue of $10.0M, expenses of $9.7M, and assets of $4.0M (revenue +10.2% year-over-year).
- 2011: Revenue of $9.1M, expenses of $8.2M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Achievement First East New York Charter School C/O Achievement First Inc:
Data Sources and Methodology
This transparency report for Achievement First East New York Charter School C/O Achievement First Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.