Nonprofit · EIN 06-1546695
AMISTAD ACADEMY INC
Tax-exempt · NEW HAVEN, CT 06513
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,427,850 | $19,590,583 | -$162,733 | $28,345,875 | $4,781,780 | $23,564,095 |
| June 30, 2024 | 990 | $18,040,576 | $19,178,295 | -$1,137,719 | $30,136,307 | $6,409,479 | $23,726,828 |
| June 30, 2023 | 990 | $16,960,321 | $18,889,916 | -$1,929,595 | $31,346,028 | $6,481,481 | $24,864,547 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $234,951
- of which government grants
- $52,275
- Program service revenue
- $19,035,797
- Investment income
- $106,264
- Net gain from sales of assets
- -$2,406
- Other revenue
- $50,838
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $104,543
- Other salaries and wages
- $8,578,161
- Salaries, compensation and benefits (total)
- $10,243,575
- Professional fundraising fees
- $0
- Legal fees
- $1,638
- Accounting fees
- $32,278
- Occupancy
- $733,510
- Depreciation
- $1,823,053
- Program services (functional)
- $18,021,476
- Management and general (functional)
- $1,569,107
Balance sheet and other
- Total assets, start of year
- $30,136,307
- Total assets, end of year
- $28,345,875
- Total liabilities, end of year
- $4,781,780
- Net assets, end of year
- $23,564,095
- Land, buildings and equipment
- $19,828,369
- Net assets without donor restrictions
- $23,562,279
- Net assets with donor restrictions
- $1,816
- Gross receipts
- $19,462,558
- Employees
- 330
- Volunteers
- 8
- Year formed
- 1999
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAUREN RAIMONDI | PRINCIPAL Highest-paid employee | 40 | $125,029 | $34,217 |
| JASMINE S WATTS | PRINCIPAL Highest-paid employee | 40 | $135,989 | $15,474 |
| ALICE LOWE | PRINCIPAL Highest-paid employee | 40 | $131,206 | $9,990 |
| TYRA DENISE SMALLWOOD | TEACHER Highest-paid employee | 40 | $124,871 | $11,493 |
| RICKY HORTON | TEACHER Highest-paid employee | 40 | $118,952 | $0 |
| MICHAEL BURKE | TEACHER REP Trustee or director | 40 | $86,516 | $13,391 |
| LORRAINE GIBBONS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PATRICIA SWEET | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CAMILIA NOVO-VIANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEN ALEXANDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM BARON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHANNELLE WHYTE | PARENT REP Trustee or director | 1 | $0 | $0 |
| YASHIRA AGOSTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZIHAN SU | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SIMON OBAS | PRINCIPAL Highest-paid employee | 40 | $187,688 | $2,500 |
| LAUREN RAIMONDI | PRINCIPAL Highest-paid employee | 40 | $130,636 | $42,881 |
| ANDREW E POOLE | ACADEMIC DEAN Highest-paid employee | 40 | $136,901 | $35,441 |
| TYRA DENISE SMALLWOOD | TEACHER Highest-paid employee | 40 | $131,605 | $24,592 |
| JASMINE S WATTS | PRINCIPAL Highest-paid employee | 40 | $134,719 | $15,711 |
| LINDA DARKWAH | TEACHER REP Trustee or director | 40 | $56,708 | $13,868 |
| CAMILIA NOVO-VIANO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEN ALEXANDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORRAINE GIBBONS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PATRICIA SWEET | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SHANNELLE WHYTE | PARENT REP Trustee or director, Officer | 1 | $0 | $0 |
| YASHIRA AGOSTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZIHAN SU | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROSEANN M BASILE | PRINCIPAL Highest-paid employee | 40 | $192,231 | $25,446 |
| SIMON OBAS | PRINCIPAL Highest-paid employee | 40 | $198,719 | $6,812 |
| LASHELL ROUNTREE | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $155,428 | $21,586 |
| LAUREN RAIMONDI | PRINCIPAL Highest-paid employee | 40 | $131,281 | $11,846 |
| ALICE LOWE | ACADEMIC DEAN Highest-paid employee | 40 | $134,917 | $6,370 |
| LINDA DARKWAH | TEACHER REP Trustee or director | 1 | $51,556 | $10,135 |
| ETHAN TYMINSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GAYATRI MEHTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEN ALEXANDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORRAINE GIBBONS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PATRICIA SWEET | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SHANNELLE WHYTE | PARENT REP Trustee or director, Officer | 1 | $0 | $0 |
| YASHIRA AGOSTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 470 JAMES STREET STE 007, NEW HAVEN, CT 06513-3175
- In care of
- % DACIA TOLL DIRECTOR
- Principal officer (990 for 2024)
- LORRAINE GIBBONS, 470 JAMES STREET 007, NEW HAVEN, CT 06513
- Signed the 990
- LORRAINE GIBBONS, CHAIR
- Phone
- (203) 773-3223
- Website
- WWW.ACHIEVEMENTFIRST.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
ACHIEVEMENT FIRST PUBLIC CHARTER SCHOOLS PREPARE EVERY STUDENT TO EXCEL IN COLLEGE AND CAREER, DEEPEN THEIR KNOWLEDGE OF SELF AND COMMUNITY, AND LEAD LIVES OF PURPOSE. IN PARTNERSHIP WITH OUR FAMILIES AND COMMUNITIES, WE WORK TO DISRUPT THE LEGACY OF INEQUITY IN EDUCATION.
Program accomplishments
- EDUCATIONAL PROGRAMS FOR STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES.Expenses $18,021,476 · revenue $19,086,635
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1546695
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $28,345,875
- Income (IRS master file)
- $19,462,558
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,427,850 | $19,590,583 | $28,345,875 | IRS |
| 990 | June 2024 | $18,040,576 | $19,178,295 | $30,136,307 | IRS |
| 990 | June 2023 | $16,960,321 | $18,889,916 | $31,346,028 | IRS |
| 990 | June 2022 | $18,526,225 | $19,110,138 | $35,740,749 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1546695).
Questions about AMISTAD ACADEMY INC
- What is the EIN of AMISTAD ACADEMY INC?
- The employer identification number (EIN) of AMISTAD ACADEMY INC is 06-1546695.
- Is AMISTAD ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to AMISTAD ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMISTAD ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMISTAD ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMISTAD ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of AMISTAD ACADEMY INC?
- The 990 for the year ended June 30, 2025 names LORRAINE GIBBONS.
- Who are the officers and directors of AMISTAD ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 6 received compensation from the organization, the highest $125,029 (LAUREN RAIMONDI, PRINCIPAL).
- How much revenue does AMISTAD ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,427,850, expenses of $19,590,583 and total assets of $28,345,875 at year end.
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