NEW WORLD PREPARATORY CHARTER SCHOOL

NEW WORLD PREPARATORY CHARTER SCHOOL

STATEN ISLAND, NY, US
501(c)(3)
EIN
27-2013987
School

NEW WORLD PREPARATORY CHARTER SCHOOL

STATEN ISLAND, NY, US
501(c)(3)
EIN
27-2013987
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$21,128,612

Program Services
87%
Government Grants
9%
Investments
2%
Contributions
2%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$17,691,029

Salaries & Benefits
69%
Other
21%
Offices, Occupancy & IT
7%
Depreciation
2%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$255,628
$394,694
+54%
Government Grants
$1,310,000
$1,804,827
+38%
Fundraising Events
$0
$0
-
Program Services
$17,882,022
$18,407,061
+3%
Membership Dues
$0
$0
-
Investments
$232,769
$428,503
+84%
Other
$42,911
$93,527
+118%
Total Revenues
$19,723,330
$21,128,612
+7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,882,045
$12,228,867
+3%
Fees to Service Providers
$217,376
$229,601
+6%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$5,320,669
$1,193,280
-78%
Interest
$0
$0
-
Depreciation
$328,853
$335,962
+2%
Other
$3,821,373
$3,703,319
-3%
Total Expenses
$21,570,316
$17,691,029
-18%
Net income
2023
2024
Change
Net income
-$1,846,986
+$3,437,583
-286%
Functional Expenses
Summary
2023
2024
Change
Program
$19,386,169
$15,931,724
-18%
Admin
$2,174,184
$1,755,613
-19%
Fundraising
$9,963
$3,692
-63%
Total Expenses
$21,570,316
$17,691,029
-18%
Income Statement
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