Nonprofit · EIN 26-2272858
PAVE ACADEMY CHARTER SCHOOL
Tax-exempt · BROOKLYN, NY 11231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,795,939 | $11,534,901 | -$738,962 | $9,156,253 | $622,882 | $8,533,371 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,271,512
- of which government grants
- $979,735
- Program service revenue
- $9,227,880
- Investment income
- $293,024
- Net rental income
- $3,500
- Other revenue
- $3,523
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $568,896
- Other salaries and wages
- $6,206,946
- Salaries, compensation and benefits (total)
- $8,201,787
- Professional fundraising fees
- $0
- Legal fees
- $3,337
- Accounting fees
- $52,850
- Occupancy
- $222,192
- Travel
- $2,490
- Depreciation
- $165,735
- Program services (functional)
- $10,538,690
- Management and general (functional)
- $996,211
Balance sheet and other
- Total assets, start of year
- $9,853,151
- Total assets, end of year
- $9,156,253
- Total liabilities, end of year
- $622,882
- Net assets, end of year
- $8,533,371
- Land, buildings and equipment
- $333,041
- Publicly traded securities
- $1,126,684
- Net assets without donor restrictions
- $8,381,051
- Net assets with donor restrictions
- $152,320
- Gross receipts
- $10,795,939
- Employees
- 124
- Volunteers
- 15
- Year formed
- 2008
- State of legal domicile
- NY
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 |
|---|---|---|---|---|
| MARSHA GADSDEN | EXECUTIVE DIRECTOR Officer | 45 | $227,700 | $7,499 |
| MICHELLE COOK | ELEMENTARY SCHOOL PRINCIPAL Officer | 45 | $151,075 | $18,784 |
| BRENDA SMITH | MS PRINCIPAL Officer | 45 | $144,845 | $11,128 |
| MARGARET HUNT | DIRECTOR OF STUDENT SERVICES K-8 Highest-paid employee | 45 | $116,599 | $36,948 |
| MARGARET BROWN | DIRECTOR OF OPERATIONS Highest-paid employee | 45 | $132,769 | $14,388 |
| DORIS GALARZA | TEACHER Highest-paid employee | 45 | $127,238 | $14,359 |
| DESPINA TSAFOS | TEACHER Highest-paid employee | 45 | $123,845 | $13,941 |
| JOHN A RUSSO | TEACHER Highest-paid employee | 45 | $122,252 | $11,194 |
| ELDRIDGE GILBERT | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MELANIE DUKES | VICE CHAIR THRU 03/2025 Trustee or director, Officer | 1 | $0 | $0 |
| ALLIE SWEENEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SANIA KHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SOPHIE LIPPINCOTT FERRER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIM LUMPKIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TYLER PRIDE | TRUSTEE Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SPENCER ROBERTSON | TRUSTEE Trustee or director | 1 | $0 |
| MELISSA TORRES | TRUSTEE THRU 04/2025 Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 732 HENRY ST, BROOKLYN, NY 11231-3229
- In care of
- % SPENCER ROBERTSON
- Principal officer (990 for 2024)
- MARSHA GADSDEN, 732 HENRY STREET, BROOKLYN, NY 11231
- Signed the 990
- ELDRIDGE GILBERT, BOARD CHAIR
- Phone
- (718) 858-7813
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
PAVE IS A K-8 COLLEGE-PREPARATORY CHARTER SCHOOL THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. WE BUILD OUR STUDENTS BRICK BY BRICK; EQUIPPING THEM WITH THE ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS THAT THEY NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND LEADERS IN THEIR COMMUNITIES.
Program accomplishments
- THE SCHOOL PROVIDES STUDENTS A RIGOROUS, COLLEGE-PREPARATORY EDUCATION THAT LAYS THE FOUNDATION FOR A PRODUCTIVE AND CHOICE-FILLED LIFE. THE SCHOOL'S EVIDENCE-BASED, MULTI-PRONGED APPROACH RECOGNIZES THAT YOUNG PEOPLE - PARTICULARLY YOUNG PEOPLE OF COLOR FROM HIGH-POVERTY COMMUNITIES - CAN ONLY ACHIEVE ACADEMIC SUCCESS WHEN THEY FEEL SAFE, SUPPORTED, CONNECTED, AND EMOTIONALLY HEALTHY. TO THAT END, THE SCHOOL EQUALLY FOSTERS THE ACADEMIC, SOCIAL, AND EMOTIONAL DEVELOPMENT OF SKILLS STUDENTS NEED TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, AND FUTURE LEADERS IN THEIR COMMUNITIES. THE SCHOOL PROVIDED EDUCATION TO APPROXIMATELY 409 STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE IN THE 2024-2025 ACADEMIC YEAR.Expenses $10,538,690 · revenue $9,227,880
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
- 26-2272858
- 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
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $9,156,253
- Income (IRS master file)
- $10,795,939
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $11,981,916 | $11,663,634 | $9,853,151 | IRS |
| 990 | June 2023 | $12,189,599 | $11,338,392 | $9,526,328 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about PAVE ACADEMY CHARTER SCHOOL
- What is the EIN of PAVE ACADEMY CHARTER SCHOOL?
- The employer identification number (EIN) of PAVE ACADEMY CHARTER SCHOOL is 26-2272858.
- Is PAVE ACADEMY CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to PAVE ACADEMY CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PAVE ACADEMY CHARTER SCHOOL 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 PAVE ACADEMY CHARTER SCHOOL 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 PAVE ACADEMY CHARTER SCHOOL 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 PAVE ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names MARSHA GADSDEN.
- Who are the officers and directors of PAVE ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 17 people; 8 received compensation from the organization, the highest $227,700 (MARSHA GADSDEN, EXECUTIVE DIRECTOR).
- How much revenue does PAVE ACADEMY CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,795,939, expenses of $11,534,901 and total assets of $9,156,253 at year end.
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