Nonprofit · EIN 83-1640335
VALENCE COLLEGE PREPARATORY CHARTER SCHOOL
Tax-exempt · QUEENS, NY 11374
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,877,121 | $12,789,604 | $87,517 | $54,339,612 | $54,274,933 | $64,679 |
| June 30, 2024 | 990 | $12,291,988 | $13,390,681 | -$1,098,693 | $54,634,319 | $54,657,157 | -$22,838 |
| June 30, 2023 | 990 | $11,605,777 | $12,569,997 | -$964,220 | $55,847,309 | $54,771,454 | $1,075,855 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,775,077
- of which government grants
- $12,690,477
- Program service revenue
- $0
- Investment income
- $101,294
- Other revenue
- $750
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $361,960
- Other salaries and wages
- $5,346,965
- Salaries, compensation and benefits (total)
- $7,099,578
- Professional fundraising fees
- $0
- Accounting fees
- $47,500
- Occupancy
- $3,742,068
- Depreciation
- $115,467
- Program services (functional)
- $10,511,267
- Management and general (functional)
- $2,278,337
Balance sheet and other
- Total assets, start of year
- $54,634,319
- Total assets, end of year
- $54,339,612
- Total liabilities, end of year
- $54,274,933
- Net assets, end of year
- $64,679
- Land, buildings and equipment
- $265,669
- Net assets without donor restrictions
- $64,679
- Gross receipts
- $12,877,121
- Employees
- 81
- Volunteers
- 9
- Year formed
- 2018
- 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 |
|---|---|---|---|---|
| NICOLE KONE | EXECUTIVE DIRECTOR Officer | 40 | $168,437 | $12,042 |
| CELINES LEONARDO | DIRECTOR OF OPERATIONS Key employee | 40 | $153,861 | $8,710 |
| YADIRA KIM | 7TH GRADE LEVEL DEAN Highest-paid employee | 40 | $125,053 | $34,015 |
| LAURA QUEZADA | 6TH GRADE LEVEL DEAN Highest-paid employee | 40 | $135,018 | $18,803 |
| MITCH FLAX | EXECUTIVE COACH Highest-paid employee | 40 | $139,267 | $12,799 |
| CINDY GONZALES | 8TH GRADE LEVEL DEAN Highest-paid employee | 40 | $116,560 | $14,844 |
| JESSICA GORDON | DEAN OF ACADEMIC INTERVENTION Highest-paid employee | 40 | $115,159 | $11,067 |
| TONY SHAN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LYDIA ORR | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ARJUN KAPOOR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DANTE MANGIARACINA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANGIE GUERRERO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AHMED KHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA MATTHEWS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER MUY | TRUSTEE Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY SPOONER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MITCH FLAX | HEAD OF SCHOOL Officer | 50 | $151,988 | $11,312 |
| NICOLE KONE | PRINCIPAL Highest-paid employee | 40 | $148,186 | $12,557 |
| LAURA QUEZADA | 6TH GRADE LEVEL DEAN Highest-paid employee | 40 | $127,479 | $18,693 |
| CELINES LEONARDO | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $128,026 | $15,703 |
| YADIRA KIM | 7TH GRADE LEVEL DEAN Highest-paid employee | 40 | $105,329 | $32,719 |
| CINDY GONZALES | 8TH GRADE LEVEL DEAN Highest-paid employee | 40 | $112,769 | $14,619 |
| ANGIE GUERRERO | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ARJUN KAPOOR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AHMED KHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA MATTHEWS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYDIA ORR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TONY SHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MITCH FLAX | EXECUTIVE DIRECTOR Officer | 43 | $152,004 | $9,141 |
| MATTHEW CHUCHUL | DEAN Highest-paid employee | 43 | $115,498 | $29,271 |
| NICOLE KONE | PRINCIPAL Highest-paid employee | 43 | $122,487 | $10,591 |
| TAYLOR JANNEY-ROVIN | DEAN Highest-paid employee | 43 | $102,748 | $19,248 |
| CELINES LEONARDO | DIRECTOR OF OPERATIONS Highest-paid employee | 43 | $111,590 | $9,591 |
| ANGIE GUERRERO | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ARJUN KAPOOR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AHMED KHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDY MATTHEWS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYDIA ORR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOSE SANTIAGO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TONY SHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 97-29 64TH RD, QUEENS, NY 11374-2259
- In care of
- % MITCHELL FLAX
- Principal officer (990 for 2024)
- ANGELA GUERRERO, 97-29 64TH RD, QUEENS, NY 11374
- Signed the 990
- NICOLE KONE, EXECUTIVE DIRECTOR
- Phone
- (646) 854-8414
- Website
- WWW.VALENCECOLLEGEPREP.ORG
- Return prepared by
- SAX ADVISORS LLC
Mission
TO EQUIP ALL SCHOLARS IN GRADES FIVE THROUGH EIGHT WITH THE ACADEMIC SKILLS, PROFESSIONAL HABITS, AND STRENGTH OF CHARACTER TO GRADUATE FROM COLLEGE AND LEAD LIVES OF OPPORTUNITY.
Program accomplishments
- VALENCE IS A 5TH-8TH GRADE, TUITION-FREE PUBLIC CHARTER MIDDLE SCHOOL IN QUEENS, NY. OUR POURPOSE IS TO EQUIP ALL SCHOLARS IN GRADES FIVE THROUGH EIGHT WITH THE ACADEMIC SKILLS, PROFESSIONAL HABITS, AND STRENGTH OF CHARACTER TO GRADUATE FROM COLLEGE AND LEAD LIVES OF OPPORTUNITY.Expenses $10,511,267
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
- 83-1640335
- 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
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $54,339,612
- Income (IRS master file)
- $12,877,121
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,877,121 | $12,789,604 | $54,339,612 | IRS |
| 990 | June 2024 | $12,291,988 | $13,390,681 | $54,634,319 | XML |
| 990 | June 2023 | $11,605,777 | $12,569,997 | $55,847,309 | XML |
| 990 | June 2022 | $9,373,511 | $9,570,241 | $3,881,324 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 83-1640335).
Questions about VALENCE COLLEGE PREPARATORY CHARTER SCHOOL
- What is the EIN of VALENCE COLLEGE PREPARATORY CHARTER SCHOOL?
- The employer identification number (EIN) of VALENCE COLLEGE PREPARATORY CHARTER SCHOOL is 83-1640335.
- Is VALENCE COLLEGE PREPARATORY CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to VALENCE COLLEGE PREPARATORY CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALENCE COLLEGE PREPARATORY 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 VALENCE COLLEGE PREPARATORY 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 VALENCE COLLEGE PREPARATORY 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 VALENCE COLLEGE PREPARATORY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names ANGELA GUERRERO.
- Who are the officers and directors of VALENCE COLLEGE PREPARATORY CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 16 people; 7 received compensation from the organization, the highest $168,437 (NICOLE KONE, EXECUTIVE DIRECTOR).
- How much revenue does VALENCE COLLEGE PREPARATORY CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,877,121, expenses of $12,789,604 and total assets of $54,339,612 at year end.
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