Nonprofit · EIN 83-0396763
GRAND CONCOURSE ACADEMY CHARTER SCHOOL
Tax-exempt · BRONX, NY 10473
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $17,996,601 | $17,089,507 | $907,094 | $58,811,617 | $40,266,424 | $18,545,193 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,311,501
- of which government grants
- $1,791,875
- Program service revenue
- $14,709,078
- Investment income
- $748,627
- Other revenue
- $227,395
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,550,508
- Other salaries and wages
- $7,285,058
- Salaries, compensation and benefits (total)
- $11,265,563
- Professional fundraising fees
- $0
- Legal fees
- $46,377
- Accounting fees
- $136,400
- Travel
- $1,704
- Depreciation
- $1,014,221
- Program services (functional)
- $14,772,406
- Management and general (functional)
- $2,295,590
- Fundraising (functional)
- $21,511
Balance sheet and other
- Total assets, start of year
- $58,668,452
- Total assets, end of year
- $58,811,617
- Total liabilities, end of year
- $40,266,424
- Net assets, end of year
- $18,545,193
- Land, buildings and equipment
- $37,693,212
- Net assets without donor restrictions
- $18,545,193
- Gross receipts
- $17,996,601
- Employees
- 114
- Volunteers
- 5
- Year formed
- 2004
- 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 |
|---|---|---|---|---|
| IRA VICTOR | Executive Dir. Officer | 40 | $503,469 | $17,179 |
| MICHAEL SIMONETTI | SEN. DIR. OF BUSINESS AND OPERATION | 40 | $193,635 | $43,375 |
| MAUREEN HOWARD | Assistant Principal | 40 | $198,928 | $12,100 |
| Laura Rizzi | Assit Principal | 40 | $142,991 | $44,871 |
| EVELYN VELEZ | Assistant Principal | 40 | $168,337 | $17,763 |
| NATALIA CASTRO | Assistant Principal | 40 | $159,608 | $21,438 |
| THEODORE KATSAVOS | TEACHER | 40 | $133,585 | $44,229 |
| WAYNE SPARACINO | TEACHER | 40 | $144,283 | $21,356 |
| JENNIFER BROWN | TEACHER | 40 | $152,729 | $11,669 |
| DAMIAN MAURICE RHOOMES | TEACHER | 40 | $138,292 | $20,586 |
| Walder Thame-Turner | Trustee Trustee or director | 0.25 | $0 | $0 |
| Damaris Joseph-Moquete | Trustee Trustee or director | 0.25 | $0 | $0 |
| Howard Banker | Trustee Trustee or director | 0.25 | $0 | $0 |
| RICHARD CONLEY | Chairperson Trustee or director, Officer | 0.25 | $0 | $0 |
| ARLENE HALL-WAISBURD | Chairperson Trustee or director, Officer | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 625 BOLTON AVE, BRONX, NY 10473-2903
- Principal officer (990 for 2024)
- RICHARD CONLEY, 625 BOLTON AVENUE, BRONX, NY 10473
- Signed the 990
- Richard Conley, Chairperson
- Phone
- (718) 590-1300
- Return prepared by
- NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS
Mission
The mission of the Grand Concourse Academy Charter School is to create a challenging learning environment that addresses and meets the needs of students in New York City, especially those at-risk of academic failure. In a concentrated effort to prepare our students for entry into the very best middle and high schools of New York City, the Academy will seek to foster a sense of strong character, ethics, and personal responsibility, as well as high expectations and academic success.The Academy will place a strong emphasis on Reading, Math, Science, and Social Studies, and will diligently seek to prepare students to meet and/or exceed NYS performance standards in ELA, Mathematics, Science and Social Studies. The Academy will support and encourage professional development opportunities aligned to the instructional program, and will diligently seek and encourage active parental involvement and participation in the academic goals of the students. In addition, the school will seek to involve
Program accomplishments
- PUBLIC EDUCATION ON A NONDISCRIMINATORY AND SECULAR BASIS.Expenses $14,772,406 · revenue $14,709,078
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
- 83-0396763
- 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
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $58,811,617
- Income (IRS master file)
- $17,996,601
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $18,412,517 | $15,181,028 | $58,453,977 | IRS |
| 990 | June 2022 | $15,086,978 | $13,755,661 | $16,012,367 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 GRAND CONCOURSE ACADEMY CHARTER SCHOOL
- What is the EIN of GRAND CONCOURSE ACADEMY CHARTER SCHOOL?
- The employer identification number (EIN) of GRAND CONCOURSE ACADEMY CHARTER SCHOOL is 83-0396763.
- Is GRAND CONCOURSE ACADEMY CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to GRAND CONCOURSE ACADEMY CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRAND CONCOURSE 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 GRAND CONCOURSE 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 GRAND CONCOURSE 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 GRAND CONCOURSE ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names RICHARD CONLEY.
- Who are the officers and directors of GRAND CONCOURSE ACADEMY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 15 people; 10 received compensation from the organization, the highest $503,469 (IRA VICTOR, Executive Dir.).
- How much revenue does GRAND CONCOURSE ACADEMY CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $17,996,601, expenses of $17,089,507 and total assets of $58,811,617 at year end.
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