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Nonprofit · EIN 80-0789207

ARETE EDUCATION INC

Tax-exempt · BRONX, NY 10451

Financials

$693K$658K2022$1.7M$1.8M2023$1.9M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of ARETE EDUCATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990 (amended)$1,877,007$1,738,512$138,495$824,299$425,166$399,133
June 30, 2024990 (amended)$1,747,065$1,847,806-$100,741$1,023,366$762,728$260,638
June 30, 2022990$692,847$658,225$34,622$619,163$173,926$445,237
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,876,897
of which government grants
$1,781,027
Program service revenue
$0
Investment income
$5
Other revenue
$105

Expenses

Grants and similar amounts paid
$48,252
Compensation of officers, directors and key employees
$245,829
Other salaries and wages
$1,068,926
Salaries, compensation and benefits (total)
$1,463,642
Professional fundraising fees
$0
Accounting fees
$32,820
Occupancy
$27,400
Travel
$9,872
Depreciation
$867
Program services (functional)
$1,560,253
Management and general (functional)
$167,898
Fundraising (functional)
$10,361

Balance sheet and other

Total assets, start of year
$1,023,366
Total assets, end of year
$824,299
Total liabilities, end of year
$425,166
Net assets, end of year
$399,133
Net assets without donor restrictions
$279,124
Net assets with donor restrictions
$120,009
Gross receipts
$1,877,007
Employees
91
Volunteers
20
Year formed
2012
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.

NameTitleHours / weekCompensationOther / benefits
GABRIEL HERNANDEZ - thru 325ED Former
Officer
40$105,762$10,464
SAM ALEXANDERSecretary/ED
Trustee or director, Officer
40$87,701$10,464
MCEVANS FRANCOISPresident
Trustee or director, Officer
2$0$0
MATT MCCAMBRIDGEVice President
Trustee or director, Officer
2$0$0
JARED STELLERTreasurer
Trustee or director, Officer
1$0$0
Sandra Nunez-Gomez -thru 1231Director
Trustee or director
1$0$0
RAYMOND SANCHEZDirector
Trustee or director
1$0$0
ERICA F SEALEYDirector
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
GABRIEL HERNANDEZExecutive Dir.
Officer
40$118,535$10,176
SARAH BENIS SCHEIER DOLBERGPresident
Officer
32$75,000$0
GEBRINA B ROBERTSDir.of Fin & Op
Officer
24$75,000$0
SAM ALEXANDERSecretary/COO
Trustee or director, Officer
24$16,844$5,088
MCEVANS FRANCOISPresident
Trustee or director, Officer
3$0$0
MATT MCCAMBRIDGEVice President
Trustee or director, Officer
2$0$0
SANDRA NUNEZ-GOMEZTreasurer
Trustee or director, Officer
1$0$0
ERICA F SEALEYDirector
Trustee or director
1$0$0
KELLY HOLLOWAYDirector
Trustee or director
1$0$0
KHOLOFELO MOTHIBIDirector
Trustee or director
1$0$0
YESY ROBLESDirector
Trustee or director
1$0$0
RAYMOND SANCHEZDirector
Trustee or director
1$0$0
JARED STELLERDirector
Trustee or director
1$0$0
990 for the year ended June 30, 2022: 8 people
NameTitleHours / weekCompensation
SARAH BENIS SCHEIER-DOLBERGEXECUTIVE DIRECTOR
Officer
40$153,474
MATT MCCAMBRIDGEPRESIDENT
Trustee or director, Officer
5$0
KHOLOFELO MOTHIBIVICE PRESIDENT
Trustee or director, Officer
5$0
SAM ALEXANDERSECRETARY
Trustee or director, Officer
5$0
JARED STELLARDIRECTOR
Trustee or director, Officer
5$0
RONNIE AROESTYDIRECTOR
Trustee or director
5$0
RAYMOND SANCHEZDIRECTOR
Trustee or director
5$0
MCEVANS FRANCOISDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
557 GRAND CONCOURSE FRNT 3 PMB 140, BRONX, NY 10451-5291
In care of
% SARAH BENIS SCHEIER-DOLBERG
Principal officer (990 for 2024)
SAM ALEXANDER, 557 GRAND CONCOURSE SUITE 3 140, BRONX, NY 10451
Signed the 990
SAM ALEXANDER, Executive Director
Phone
(917) 985-8980
Return prepared by
NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS

Mission

ARETE OPERATES AFTERSCHOOL AND SUMMER PROGRAMS IN NEW YORK CITY PUBLIC SCHOOLS

990 for the year ended June 30, 2025

Program accomplishments

  • ARETE EDUCATION TRAINS AND EMPOWERS YOUTH TO LEAD SUCCESSFUL LIVES BY GETTING STUDENTS INTO GOOD COLLEGES, GOOD JOBS, AND HEALTHY MINDSETS. ARETE CLOSES THE EXPERIENCE GAP WITH AN ADDITIONAL 500 HOURS OF ACADEMIC AND ENRICHMENT EXPERIENCES AND PROVIDES ACCESS TO BOOKS AND COMPUTERS, HEALTHY MEALS, STRUCTURED EXERCISE, SOCIAL-EMOTIONAL LEARNING, PAID INTERNSHIPS, FINANCIAL LIFE SKILLS, MENTORSHIP, AND TRIPS TO CULTURAL INSTITUTIONS. ARETE'S CORE YOUTH DEVELOPMENT SERVICES INCLUDE: (1) EXPANDED DAY FOR ELEMENTARY AND MIDDLE SCHOOL STUDENTS; (2) SUMMER BRIDGE PROGRAM THAT INTEGRATES ARTS AND ACADEMICS IN AN ALL-DAY, FIVE-WEEK FORMAT; (3) COLLEGE BRIDGE PROGRAM THAT COMBINES HIGH SCHOOL CREDIT ACCELERATION AND PAID INTERNSHIPS IN A FIVE-WEEK FORMAT; (4) WORK-BASED LEARNING AND PAID INTERNSHIPS IN TEACHING, STEM, AND THE ARTS; (5) INTEGRATED COLLEGE ACCESS SERVICES; AND (6) YEAR-ROUND SERVICE LEARNING AND LEADERSHIP YOUTH DEVELOPMENT.ARETE SERVES NEW YORK CITY COMMUNITIES, SPECIFICALLY THE SOUTH BRONX (MOTT HAVEN), BROOKLYN NORTH (BED-STUY), AND MANHATTAN (WASHINGTON HEIGHTS AND INWOOD). WE PARTNER WITH PUBLIC NYCDOE SCHOOLS, COLLEGES, UNIVERSITIES, AND INDUSTRY PARTNERS IN EDUCATION, FINANCE, STEM, THE ARTS, AND HEALTH FIELDS. WE SERVE STUDENTS IN PRIMARY AND SECONDARY PUBLIC SCHOOL PARTNERSHIPS, OFFERING FULL-SERVICE YOUTH PROGRAMMING IN NYCDOE SITES WHEN SCHOOLS ARE NOT IN SESSION, INCLUDING AFTERSCHOOL, SATURDAYS, SCHOOL VACATIONS, AND SUMMER. OUR PROGRAM MODEL FOR YOUNGER YOUTH CENTERS ON SOCIAL-EMOTIONAL LEARNING, INDIVIDUALIZED ACADEMICS SUCH AS TUTORING AND LITERACY INTERVENTIONS, AND ENRICHMENT INCLUDING SPORTS, CAREER EXPOSURE, STEM, AND THE ARTS. THIS MODEL PROVIDES 500 ADDITIONAL HOURS OF ACADEMICS AND ENRICHMENT EACH YEAR. WE EMPLOY OLDER YOUTH AT EVERY LEVEL OF OUR ORGANIZATION, INCLUDING AS INTERNS, PROGRAM STAFF, AND ORGANIZATIONAL LEADERS. WE CLOSE THE YOUNG ADULTHOOD EXPERIENCE GAP BY PROVIDING 500 HOURS EACH YEAR OF MENTORING, NETWORKING, AND CAREER DEVELOPMENT SKILLS THROUGH PAID INTERNSHIPS AND JOB PLACEMENT. IN FY25, OUR KEY PROGRAM ACCOMPLISHMENTS INCLUDED: (1) A 100% PERCENT FOUR-YEAR HIGH SCHOOL GRADUATION RATE IN SCHOOLS WITH A 99 PERCENT POVERTY RATE; (2) AT OUR FLAGSHIP SCHOOL, 100% OF THE GRADUATING CLASS ENROLLED AT A 2 OR 4-YEAR INSTITUTION; (3) DELIVERY OF 500 EXTRA HOURS OF ACADEMIC AND EXTRACURRICULAR EXPERIENCES TO 1,500 STUDENTS IN THE BRONX, BROOKLYN, AND WASHINGTON HEIGHTS (4) EXPANSION TO AN ADDITIONAL PROGRAM IN THE BRONX. THESE EXPERIENCES PROVIDED ACCESS TO (1) LITERACY SUPPORT THROUGH TUTORING, BOOKS, AND COMPUTERS; (2) WELLNESS PROGRAMMING INCLUDING HEALTHY MEALS, SOCIAL-EMOTIONAL LEARNING, AND TEAM SPORTS; (3) CAREER DEVELOPMENT THROUGH PAID INTERNSHIPS, JOBS, FINANCIAL LIFE SKILLS, AND STEM MENTORSHIP; AND (4) ARTS PROGRAMMING INCLUDING DANCE, MEDIA PRODUCTION, VISUAL ARTS, AND TRIPS TO CULTURAL INSTITUTIONS.
    Expenses $1,560,253 · grants $48,252

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
80-0789207
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$824,299
Income (IRS master file)
$1,877,007

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,876,006$1,791,677$824,299IRS
990June 2024$1,735,316$1,875,277$1,023,366IRS
990June 2023$1,195,519$1,279,377$831,925IRS
990June 2022$692,847$658,225$619,163XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 80-0789207).

Questions about ARETE EDUCATION INC

What is the EIN of ARETE EDUCATION INC?
The employer identification number (EIN) of ARETE EDUCATION INC is 80-0789207.
Is ARETE EDUCATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to ARETE EDUCATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARETE EDUCATION 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 ARETE EDUCATION 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 ARETE EDUCATION 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 ARETE EDUCATION INC?
The 990 for the year ended June 30, 2025 names SAM ALEXANDER.
Who are the officers and directors of ARETE EDUCATION INC?
The 990 for the year ended June 30, 2025 lists 8 people; 2 received compensation from the organization, the highest $105,762 (GABRIEL HERNANDEZ - thru 325, ED Former).
How much revenue does ARETE EDUCATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,877,007, expenses of $1,738,512 and total assets of $824,299 at year end.

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