VILLAGE ACADEMIES NETWORK INC Charity Report

Public IRS 990 nonprofit record

VILLAGE ACADEMIES NETWORK INC

EIN 13-4186070 · Education N.E.C. (B99)

What they do

to PROMOTE THE COMMON GOOD THROUGH THE ADVANCEMENT of EDUCATION for CHILDREN IN DISADVANTAGED and LOW INCOME COMMUNITIES; SUCH ADVANCEMENT INCLUDES RESEARCH, DEVELOPMENT, and TRAINING ON CURRICULUM and INSTRUCTIONAL PRACTICE, THE PROVISION of CHARITABLE and EDUCATIONAL SERVICES, and THE DESIGN of A MODEL PUBLIC SCHOOL SYSTEM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.78%of revenue went to mission work86.5% of expenses · Program services

8.31%of revenue went to fundraising8.2% of expenses

$101.45spent for every $100 of revenueSpending was higher than revenue this year.

5.36%of revenue went to management and office costs5.3% of expenses

$3.52in assets for every $1 spent this yearSome assets cannot be spent right away.

50.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $211,509 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $728,105 for DEBORAH A KENNY (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,601,046

Mission workProgram services$12,817,31787.78% of revenue86.5% of expenses

ManagementOffice and general costs$782,4565.36% of revenue5.3% of expenses

FundraisingAsking for donations$1,212,7828.31% of revenue8.2% of expenses

Total expenses$14,812,555101.45% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.5% mission · 5.3% management · 8.2% fundraisingTotal expenses: 101.45% of revenue

2023Expense mix: 86.4% mission · 5.7% management · 7.9% fundraisingTotal expenses: 92.72% of revenue

2022Expense mix: 85.8% mission · 7.7% management · 6.5% fundraisingTotal expenses: 139.51% of revenue

2021Expense mix: 74.4% mission · 9.1% management · 16.5% fundraisingTotal expenses: 118.74% of revenue

2020Expense mix: 75.8% mission · 11.1% management · 13.1% fundraisingTotal expenses: 42.97% of revenue

2019Expense mix: 73.2% mission · 10.4% management · 16.4% fundraisingTotal expenses: 115.99% of revenue

2018Expense mix: 72.8% mission · 14.8% management · 12.4% fundraisingTotal expenses: 105.08% of revenue

2017Expense mix: 67.2% mission · 12.8% management · 20.0% fundraisingTotal expenses: 103.82% of revenue

Money in and money out

Revenue$14,601,046

Expenses$14,812,555

Annual shortfall $211,509 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,817,317 · 86.5% of expenses

Management and office costs$782,456 · 5.3% of expenses

Fundraising$1,212,782 · 8.2% of expenses

See all reported dollar amounts

Revenue$14,601,046

Expenses$14,812,555

Assets$52,204,624

Income$14,971,772

Contributions$7,402,925

Mission work (program services)$12,817,317

Fundraising$1,212,782

Grants given$9,697,445

Average grant$692,675

Management and general$782,456

Accounting fees$201,325

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DEBORAH A KENNYCHIEF EXECUTIVE OFFICER · 40 hrs/week $728,105Base $696,062 · Other $32,043

CHARLES KLEINVICE PRESIDENT OF FINANCE · 40 hrs/week $263,805Base $241,100 · Other $22,705

CHRISTINE WALKOWICZASSOCIATE SUPERINTENDENT OF ELEMENTARY · 40 hrs/week $242,478Base $197,230 · Other $45,248

YOHANA DE LOS SANTOSCHIEF OF COMMUNITY AND CULTURE · 40 hrs/week $223,313Base $198,337 · Other $24,976

PAUL LOMEDICOSENIOR VICE PRESIDENT, EXTERNAL AFFAIRS AND BOARD · 40 hrs/week $211,386Base $191,686 · Other $19,700

INBAR SCHWARTZCOLLEGE ALUMNI DIRECTOR · 40 hrs/week $181,189Base $149,324 · Other $31,865

AMATO GAYLEEXECUTIVE ASSISTANT · 40 hrs/week $154,708

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

DEBORAH A KENNYCHIEF EXECUTIVE OFFICER

CHARLES KLEINVICE PRESIDENT OF FINANCE

CHRISTINE WALKOWICZASSOCIATE SUPERINTENDENT OF ELEMENTARY

YOHANA DE LOS SANTOSCHIEF OF COMMUNITY AND CULTURE

PAUL LOMEDICOSENIOR VICE PRESIDENT, EXTERNAL AFFAIRS AND BOARD

INBAR SCHWARTZCOLLEGE ALUMNI DIRECTOR

AMATO GAYLEEXECUTIVE ASSISTANT

JONATHAN GRAYDIRECTOR THRU 6/12/25

THOMAS L KEMPNER JRDIRECTOR

SAMIRA SINEDIRECTOR

ROBERT BARNETTDIRECTOR

MELBA WILSONDIRECTOR

LORI MOOREDIRECTOR

KOFI APPENTENGDIRECTOR

KATIE COURICDIRECTOR

EDWARD LEWISDIRECTOR

JOHN LEGENDVICE-CHAIRMAN

JEFFREY VERSCHLEISERTREASURER/SECRETARY

JEFFREY MAYERCHAIRMAN

JEFF WILPONDIRECTOR

JANE OCHDIRECTOR

HUGH JACKMANDIRECTOR

FIONA RUDINDIRECTOR THRU 3/1/25

ELLEN HORINGDIRECTOR THRU 11/21/24

About this charity

Recognized since: January 2003
Location: 35 W 124TH ST, NEW YORK, NY 10027-5634
County: New York
In care of: % MABEL MORAN
Primary officer: CHUCK KLEIN, VICE PRESIDENT OF FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(646) 812-9500

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Education N.E.C. (B99)
IRS tax category: Education N.E.C.
Grant-giving organization: Yes