LITTLE RED SCHOOL HOUSE INC Charity Report

Public IRS 990 nonprofit record

LITTLE RED SCHOOL HOUSE INC

EIN 13-5562268 · Education (B)

What they do

SEE SCHEDULE OA LEADER IN PROGRESSIVE EDUCATION SINCE 1921, LREI TEACHES CHILDREN to BE INDEPENDENT THINKERS WHO WORK TOGETHER to SOLVE COMPLEX PROBLEMS. STUDENTS GRADUATE FROM OUR DIVERSE COMMUNITY AS ACTIVE PARTICIPANTS IN OUR DEMOCRATIC SOCIETY, WITH THE CREATIVITY, INTEGRITY, and COURAGE to BRING MEANINGFUL CHANGE to THE WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.30 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 leaders50 people are listed in the latest report.

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

Money made simple

80.45%of revenue went to mission work76.3% of expenses · Program services

2.29%of revenue went to fundraising2.2% of expenses

$105.44spent for every $100 of revenueSpending was higher than revenue this year.

22.69%of revenue went to management and office costs21.5% of expenses

$1.18in assets for every $1 spent this yearSome assets cannot be spent right away.

8.5%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 $2,315,944 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $647,612 for PHIL KASSEN (DIRECTOR). 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$42,603,142

Mission workProgram services$34,273,66680.45% of revenue76.3% of expenses

ManagementOffice and general costs$9,668,40222.69% of revenue21.5% of expenses

FundraisingAsking for donations$977,0182.29% of revenue2.2% of expenses

Total expenses$44,919,086105.44% 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: 76.3% mission · 21.5% management · 2.2% fundraisingTotal expenses: 105.44% of revenue

2023Expense mix: 76.0% mission · 21.9% management · 2.1% fundraisingTotal expenses: 106.28% of revenue

2022Expense mix: 72.1% mission · 25.3% management · 2.6% fundraisingTotal expenses: 108.90% of revenue

2021Expense mix: 70.4% mission · 27.2% management · 2.4% fundraisingTotal expenses: 102.84% of revenue

2020Expense mix: 72.7% mission · 24.8% management · 2.5% fundraisingTotal expenses: 91.67% of revenue

2019Expense mix: 72.7% mission · 23.8% management · 3.5% fundraisingTotal expenses: 102.64% of revenue

2018Expense mix: 74.1% mission · 22.4% management · 3.4% fundraisingTotal expenses: 98.85% of revenue

2017Expense mix: 79.0% mission · 18.9% management · 2.1% fundraisingTotal expenses: 96.50% of revenue

Money in and money out

Revenue$42,603,142

Expenses$44,919,086

Annual shortfall $2,315,944 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)$34,273,666 · 76.3% of expenses

Management and office costs$9,668,402 · 21.5% of expenses

Fundraising$977,018 · 2.2% of expenses

See all reported dollar amounts

Revenue$42,603,142

Expenses$44,919,086

Assets$53,006,679

Income$47,385,278

Contributions$3,628,161

Mission work (program services)$34,273,666

Fundraising$977,018

Grants given$5,163,906

Average grant$2,581,953

Management and general$9,668,402

Stocks and bonds$24,374,562

Accounting fees$94,560

Investing fees$138,779

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

PHIL KASSENDIRECTOR · 40 hrs/week $647,612Base $584,001 · Other $63,611

JOSHUA MARKSCFO · 40 hrs/week $334,950Base $294,263 · Other $40,687

ROBERT ROMERODIRECTOR OF FACILITIES · 40 hrs/week $307,854Base $273,566 · Other $34,288

JENNIFER R WEILDIRECTOR OF ADVANCEMENT · 40 hrs/week $261,588Base $196,712 · Other $64,876

ALLISON W ISBELLASSISTANT DIRECTOR · 40 hrs/week $251,924Base $199,932 · Other $51,992

KALIL T OLDHAMDIRECTOR OF COMMUNITY · 40 hrs/week $223,776Base $205,525 · Other $18,251

MARGARET D ANDREWSASSISTANT PRINCIPAL · 40 hrs/week $198,356Base $168,672 · Other $29,684

CAREY SOCOLDIRECTOR OF COLLEGE COUNSELING · 40 hrs/week $196,270Base $175,373 · Other $20,897

ADELE D PELZDEPT CHAIR MODERN LANGUAGE · 40 hrs/week $183,682Base $168,750 · Other $14,932

AMANDA W GOODWINTRUSTEE, MS HUMANITIES TEACHER · 40 hrs/week $155,181Base $125,985 · Other $29,196

CHARLENE E CRUZ-CERDASTRUSTEE, HS HISTORY TEACHER · 40 hrs/week $134,077Base $114,911 · Other $19,166

JESSIE C KIRKTRUSTEE, LS LEAD TEACHER · 40 hrs/week $128,874Base $103,683 · Other $25,191

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 (50)

PHIL KASSENDIRECTOR

JOSHUA MARKSCFO

ROBERT ROMERODIRECTOR OF FACILITIES

JENNIFER R WEILDIRECTOR OF ADVANCEMENT

ALLISON W ISBELLASSISTANT DIRECTOR

KALIL T OLDHAMDIRECTOR OF COMMUNITY

MARGARET D ANDREWSASSISTANT PRINCIPAL

CAREY SOCOLDIRECTOR OF COLLEGE COUNSELING

ADELE D PELZDEPT CHAIR MODERN LANGUAGE

AMANDA W GOODWINTRUSTEE, MS HUMANITIES TEACHER

CHARLENE E CRUZ-CERDASTRUSTEE, HS HISTORY TEACHER

JESSIE C KIRKTRUSTEE, LS LEAD TEACHER

ROBERT GUTMANNTRUSTEE

KELLIE FERGUSONTRUSTEE (THROUGH 6/30/24)

KEN CORNICKTRUSTEE (THROUGH 6/30/24)

KIMBROUGH TOWLESTRUSTEE (THROUGH 6/30/24)

LOUIS SHARPETREASURER

MAREN BERTHELSENTRUSTEE

ANNE MARIE DENSONTRUSTEE

PAUL WILLIAMSTRUSTEE

ANH-VAN NGUYENCHAIR

PINKY FUNGTRUSTEE

KASEY PICAYOTRUSTEE

AMY ZIMMERMANTRUSTEE

ROBERT ROSENTHALTRUSTEE

RODNEY WHITETRUSTEE

RUTH JURGENSENTRUSTEE (THROUGH 6/30/24)

SEAN PAROFFTRUSTEE

SHOY MCKENSECRETARY

SUSIE SCHERVICE-CHAIR

YUKIE OHTATRUSTEE

JENNIFER SAGUMTRUSTEE

EVE STUARTTRUSTEE

FRANCIS GREENBURGERTRUSTEE

HALEE SAGETRUSTEE (THROUGH 6/30/24)

HARRIETTE THOMASTRUSTEE

HELENA TUBISTRUSTEE

HOPE REEVESTRUSTEE

JAMAL YOUNGTRUSTEE (THROUGH 6/30/24)

JASON BRUNOTRUSTEE

JENNIFER ROGOFFTRUSTEE

EUNU CHUNTRUSTEE (THROUGH 6/30/24)

DAWN EIGTRUSTEE

JERELYN RODRIGUEZ WILLIAMSTRUSTEE

DAVE OLSENTRUSTEE (THROUGH 6/30/24)

JONATHAN ROSENTRUSTEE

CHAKSHU PATELTRUSTEE

JULIA HEATONTRUSTEE

KAI-ANASA GEORGETRUSTEE

CECI LOEBL VAN BLERKOMTRUSTEE

About this charity

Recognized since: January 1951
Location: 272 6TH AVENUE, NEW YORK, NY 10014-4721
County: New York
In care of: % JOSHUA MARKS
Primary officer: JOSHUA MARKS, CFO

How to reach them

WebsiteVisit the charity’s website Phone(212) 477-5316

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: EISNER ADVISORY GROUP LLC
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes