Staten Island Academy
Staten Island Academy consistently operates with a surplus and reports 0% officer compensation.
EIN: 135600423 · Staten Island, NY · NTEE: B24Z · Updated: 2026-03-28
About Staten Island Academy
Staten Island Academy (EIN: 135600423) is a nonprofit organization based in Staten Island, NY, classified under NTEE code B24Z. The organization reported total revenue of $17.7M and total assets of $29.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Staten Island Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Staten Island Academy with a Mission Score of 88 out of 100 (Excellent). 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, Staten Island Academy 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.
Executive Compensation Analysis
The reported 0% officer compensation across all available filing periods is highly unusual for an organization of this size ($17,656,926 latest revenue, $29,273,207 assets), suggesting either a fully volunteer leadership or compensation structured in a way not captured under 'officer compensation' in the provided data.
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 Staten Island Academy's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may warrant further investigation into the full compensation structure for key personnel.
Strengths
The following positive indicators were identified for Staten Island Academy:
- Consistent operating surpluses, indicating sound financial management (e.g., $16,351,886 revenue vs. $15,470,160 expenses in 202306).
- Strong and growing asset base, increasing from $15,128,011 in 2014 to $29,273,207 currently.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to compliance and transparency.
- Low liabilities relative to assets in recent years (e.g., $6,253,910 liabilities vs. $26,880,526 assets in 202306).
Frequently Asked Questions about Staten Island Academy
Is Staten Island Academy a good charity?
Based on the provided financial data, Staten Island Academy appears to be a financially healthy and well-managed organization. It consistently generates more revenue than expenses, maintains significant assets, and reports 0% officer compensation, which could indicate a strong commitment to its mission.
How does Staten Island Academy manage its executive compensation?
The provided data consistently shows 0% officer compensation across all 13 filings. This is a significant point and suggests that top leadership may be entirely volunteer or compensated through other means not categorized as 'officer compensation' in these summaries.
What is the trend in Staten Island Academy's assets?
Staten Island Academy has shown a strong upward trend in assets, growing from $15,128,011 in 2014 to $29,273,207 in the latest period, indicating financial growth and stability.
Does Staten Island Academy operate with a surplus or deficit?
For most recent periods, Staten Island Academy has operated with a surplus, with revenues exceeding expenses. For example, in 202306, revenue was $16,351,886 and expenses were $15,470,160, resulting in a surplus.
What is the transparency level of Staten Island Academy?
The organization has a long history of 13 IRS 990 filings, demonstrating a commitment to regulatory transparency. The consistent reporting of 0% officer compensation, while unusual, is a specific data point that contributes to their financial transparency.
Filing History
IRS 990 filing history for Staten Island Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Staten Island Academy's revenue has grown by 51.6%, moving from $10.8M to $16.4M. Total assets increased by 113.1% over the same period, from $12.6M to $26.9M. Total functional expenses rose by 49.9%, from $10.3M to $15.5M. In its most recent filing year (2023), Staten Island Academy reported a surplus of $882K, with revenue exceeding expenses. The organization holds $6.3M in liabilities against $26.9M in assets (debt-to-asset ratio: 23.3%), resulting in net assets of $20.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $16.4M | $15.5M | $26.9M | $6.3M | — | — |
| 2022 | $17.0M | $14.9M | $26.5M | $7.4M | — | View 990 |
| 2021 | $12.3M | $13.3M | $26.7M | $7.9M | — | View 990 |
| 2020 | $13.7M | $13.4M | $35.5M | $14.9M | — | View 990 |
| 2019 | $14.9M | $13.1M | $25.3M | $5.1M | — | View 990 |
| 2018 | $17.1M | $14.0M | $23.4M | $5.4M | — | View 990 |
| 2017 | $15.1M | $13.4M | $19.5M | $5.2M | — | View 990 |
| 2016 | $13.0M | $12.3M | $16.8M | $5.0M | — | View 990 |
| 2015 | $12.2M | $11.6M | $16.0M | $4.7M | — | View 990 |
| 2014 | $11.8M | $11.3M | $15.1M | $4.6M | — | View 990 |
| 2013 | $11.8M | $11.0M | $13.5M | $4.4M | — | View 990 |
| 2012 | $10.9M | $10.8M | $12.6M | $4.9M | — | View 990 |
| 2011 | $10.8M | $10.3M | $12.6M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.4M, expenses of $15.5M, and assets of $26.9M (revenue -3.9% year-over-year).
- 2022: Revenue of $17.0M, expenses of $14.9M, and assets of $26.5M (revenue +37.9% year-over-year).
- 2021: Revenue of $12.3M, expenses of $13.3M, and assets of $26.7M (revenue -10.0% year-over-year).
- 2020: Revenue of $13.7M, expenses of $13.4M, and assets of $35.5M (revenue -8.1% year-over-year).
- 2019: Revenue of $14.9M, expenses of $13.1M, and assets of $25.3M (revenue -12.8% year-over-year).
- 2018: Revenue of $17.1M, expenses of $14.0M, and assets of $23.4M (revenue +13.5% year-over-year).
- 2017: Revenue of $15.1M, expenses of $13.4M, and assets of $19.5M (revenue +16.1% year-over-year).
- 2016: Revenue of $13.0M, expenses of $12.3M, and assets of $16.8M (revenue +6.1% year-over-year).
- 2015: Revenue of $12.2M, expenses of $11.6M, and assets of $16.0M (revenue +3.6% year-over-year).
- 2014: Revenue of $11.8M, expenses of $11.3M, and assets of $15.1M (revenue +0.3% year-over-year).
- 2013: Revenue of $11.8M, expenses of $11.0M, and assets of $13.5M (revenue +8.3% year-over-year).
- 2012: Revenue of $10.9M, expenses of $10.8M, and assets of $12.6M (revenue +0.8% year-over-year).
- 2011: Revenue of $10.8M, expenses of $10.3M, and assets of $12.6M.
Data Sources and Methodology
This transparency report for Staten Island Academy 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.