Skip to content
Nonprofiteer
← ZETA CHARTER SCHOOLS - NEW YORK CITY

Form 990 for tax year 2022

Filed by ZETA CHARTER SCHOOLS - NEW YORK CITY.

Totals

Total revenue
$51,996,750
Total expenses
$49,320,659
Contributions and grants received
$5,225,065
Grants paid
$0
Program service revenue
$46,757,820
Investment income
$59
Other revenue
$13,806
Total assets, end of year
$228,988,582
Total liabilities, end of year
$217,745,610
Net assets or fund balances, end of year
$11,242,972
Program services expenses (Part IX)
$45,658,847
Management and general expenses
$3,661,812
Fundraising expenses
$0
Program service expenses (Part III)
$45,658,847

Program services were 92.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $5,225,040

  • 1f · All other contributions, gifts and grants

    $25

  • 1g · Noncash contributions included above

    $109,591

  • 2a · Program service revenue: GOV'T PER-PUPIL REV - GENERAL ED

    total $30,858,177 · related or exempt $30,858,177

  • 2b · Program service revenue: GOV'T PER-PUPIL REV - FACILITIES

    total $7,605,045 · related or exempt $7,605,045

  • 2c · Program service revenue: GOV'T PER-PUPIL REV - UPK

    total $4,807,624 · related or exempt $4,807,624

  • 2d · Program service revenue: GOV'T PER-PUPIL REV - SPECIAL ED

    total $3,255,813 · related or exempt $3,255,813

  • 2e · Program service revenue: AFTER SCHOOL FEES

    total $231,161 · related or exempt $231,161

  • 3 · Investment income

    total $59 · excluded $59

  • 11a · Other revenue: REBATES

    total $13,806 · excluded $13,806

  • 11e · Other revenue, total

    $13,806

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $846,630 · program services $654,476 · management and general $192,154

  • 7 · Other salaries and wages

    total $15,806,888 · program services $14,878,016 · management and general $928,872

  • 8 · Pension plan contributions

    total $338,817 · program services $316,236 · management and general $22,581

  • 9 · Other employee benefits

    total $1,797,095 · program services $1,680,365 · management and general $116,730

  • 10 · Payroll taxes

    total $1,215,927 · program services $1,136,947 · management and general $78,980

  • 11a · Fees: management

    total $6,225,979 · program services $5,824,697 · management and general $401,282

  • 11c · Fees: accounting

    total $302,780 · management and general $302,780

  • 11g · Fees: other

    total $447,873 · program services $418,558 · management and general $29,315

  • 12 · Advertising and promotion

    total $1,484,119 · program services $1,456,596 · management and general $27,523

  • 13 · Office expenses

    total $745,412 · program services $556,679 · management and general $188,733

  • 14 · Information technology

    total $1,077,782 · program services $1,029,086 · management and general $48,696

  • 16 · Occupancy

    total $8,027,169 · program services $7,424,328 · management and general $602,841

  • 22 · Depreciation, depletion and amortization

    total $4,663,817 · program services $4,375,307 · management and general $288,510

  • 23 · Insurance

    total $358,419 · program services $358,419

  • 24a · Other expenses: CLASSROOM SUPPLIES

    total $1,843,246 · program services $1,843,239 · management and general $7

  • 24b · Other expenses: FOOD SERVICES

    total $1,392,262 · program services $1,392,262

  • 24c · Other expenses: STUDENT SERVICES

    total $1,266,458 · program services $1,266,458

  • 24d · Other expenses: STAFF DEVELOPMENT

    total $847,939 · program services $793,393 · management and general $54,546

  • 24e · All other expenses

    total $632,047 · program services $253,785 · management and general $378,262

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,658,372 · end of year $11,099,972

  • 2 · Savings and temporary cash investments

    beginning of year $300,277 · end of year $300,336

  • 3 · Pledges and grants receivable

    beginning of year $2,453,635 · end of year $2,112,641

  • 4 · Accounts receivable

    beginning of year $280,118 · end of year $386,672

  • 9 · Prepaid expenses and deferred charges

    beginning of year $175,136 · end of year $126,880

  • 10a · Land, buildings and equipment: cost or other basis

    $4,860,795

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,617,521

  • 10c · Land, buildings and equipment, net

    beginning of year $17,247,851 · end of year $2,243,274

  • 15 · Other assets

    beginning of year $41,316 · end of year $212,718,807

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,137,183 · end of year $1,887,862

  • 19 · Deferred revenue

    beginning of year $244,570 · end of year $169,561

  • 23 · Secured mortgages and notes payable

    beginning of year $227,083 · end of year $0

  • 25 · Other liabilities

    beginning of year $16,980,988 · end of year $215,688,187

  • 27 · Net assets without donor restrictions

    beginning of year $8,566,881 · end of year $11,242,972

Mission and programs · 2022

Mission

TO BUILD AND SUSTAIN HIGH-PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS AND INNOVATORS.

  • ZETA CHARTER SCHOOLS NYC IS A NETWORK OF HIGH-PERFORMING SCHOOLS THAT FORGE THRIVING COMMUNITIES OF LIFELONG LEARNERS, PROBLEM SOLVERS, AND INNOVATORS.

    Expenses $45,658,847 · Revenue $46,757,820

As filed on the 2022 return.

Listed in Part VII

  • Keri Hoyt

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Jenny Sedlis

    CHAIRPERSON THRU MAR 2022

    Total calculated
    $0
    Hours/week
    1

  • Shannon Kete

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Nicole Brisbane

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Michele Caracappa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ken McClure

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Samara Penn Savary

    TRUSTEE THRU AUG 2022

    Total calculated
    $0
    Hours/week
    1

  • Ana Collado

    PRINCIPAL

    Total calculated
    $153,211
    From this org
    $133,909
    From related orgs
    $0
    Other
    $19,302
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $122,781
    Bonus
    $11,128
    Other
    $0
    Deferred
    $4,118
    Nontaxable benefits
    $15,184
    Filer's total
    $153,211

  • Amenata Magiraga

    PRINCIPAL

    Total calculated
    $146,397
    From this org
    $133,995
    From related orgs
    $0
    Other
    $12,402
    Hours/week
    50

  • Andrew Noe

    PRINCIPAL

    Total calculated
    $112,994
    From this org
    $102,483
    From related orgs
    $0
    Other
    $10,511
    Hours/week
    50

  • Noreen Cooke-Coleman

    PRINCIPAL

    Total calculated
    $149,154
    From this org
    $114,462
    From related orgs
    $0
    Other
    $34,692
    Hours/week
    50

  • Kiwana Yates

    PRINCIPAL

    Total calculated
    $120,289
    From this org
    $99,408
    From related orgs
    $0
    Other
    $20,881
    Hours/week
    50

  • Kimberley Schacht

    PRINCIPAL

    Total calculated
    $84,991
    From this org
    $68,959
    From related orgs
    $0
    Other
    $16,032
    Hours/week
    50

  • Juan Gomez

    OPERATIONS DIRECTOR THRU NOV 2022

    Total calculated
    $114,748
    From this org
    $103,217
    From related orgs
    $0
    Other
    $11,531
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION AWARDED DISCRETIONARY BONUSES TO PERSONS LISTED ON PART VII OF THE 990, AND IS REPORTED IN PART II, COLUMN B(II).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202411369349319816

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.