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PAVE ACADEMY CHARTER SCHOOL

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Public IRS 990 nonprofit record

PAVE ACADEMY CHARTER SCHOOL

EIN 26-2272858 · Charter Schools (B29)

What they do

PAVE is A K-8 COLLEGE-PREPARATORY CHARTER SCHOOL THAT LAYS THE FOUNDATION for A PRODUCTIVE and CHOICE-FILLED LIFE. WE BUILD OUR STUDENTS BRICK BY BRICK; EQUIPPING THEM WITH THE ACADEMIC, SOCIAL, and EMOTIONAL SKILLS THAT THEY NEED to BECOME CRITICAL THINKERS, PROBLEM SOLVERS, OVERCOMERS, and LEADERS IN THEIR COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $91.40 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 leaders17 people are listed in the latest report.

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

Money made simple

97.62%of revenue went to mission work91.4% of expenses · Program services
$106.84spent for every $100 of revenueSpending was higher than revenue this year.
9.23%of revenue went to management and office costs8.6% of expenses
$0.79in assets for every $1 spent this yearSome assets cannot be spent right away.
11.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $738,962 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $235,199 for MARSHA GADSDEN (EXECUTIVE 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.

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$10,795,939
Mission workProgram services$10,538,69097.62% of revenue91.4% of expenses
ManagementOffice and general costs$996,2119.23% of revenue8.6% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$11,534,901106.84% 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: 91.4% mission · 8.6% management · 0.0% fundraisingTotal expenses: 106.84% of revenue
2023Expense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 97.34% of revenue
2022Expense mix: 88.4% mission · 11.6% management · 0.0% fundraisingTotal expenses: 93.02% of revenue
2021Expense mix: 88.3% mission · 11.7% management · 0.0% fundraisingTotal expenses: 84.75% of revenue
2020Expense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 78.74% of revenue
2019Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 88.09% of revenue
2018Expense mix: 91.8% mission · 8.2% management · 0.0% fundraisingTotal expenses: 93.37% of revenue
2017Expense mix: 94.4% mission · 5.6% management · 0.0% fundraisingTotal expenses: 98.17% of revenue

Money in and money out

Revenue$10,795,939
Expenses$11,534,901
Annual shortfall $738,962 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)$10,538,690 · 91.4% of expenses
Management and office costs$996,211 · 8.6% of expenses
See all reported dollar amounts
Revenue$10,795,939
Expenses$11,534,901
Assets$9,156,253
Income$10,795,939
Contributions$1,271,512
Mission work (program services)$10,538,690
Management and general$996,211
Stocks and bonds$1,126,684
Accounting fees$52,850
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
MARSHA GADSDENEXECUTIVE DIRECTOR · 45 hrs/week $235,199Base $227,700 · Other $7,499
MICHELLE COOKELEMENTARY SCHOOL PRINCIPAL · 45 hrs/week $169,859Base $151,075 · Other $18,784
BRENDA SMITHMS PRINCIPAL · 45 hrs/week $155,973Base $144,845 · Other $11,128
MARGARET HUNTDIRECTOR OF STUDENT SERVICES K-8 · 45 hrs/week $153,547Base $116,599 · Other $36,948
MARGARET BROWNDIRECTOR OF OPERATIONS · 45 hrs/week $147,157Base $132,769 · Other $14,388
DORIS GALARZATEACHER · 45 hrs/week $141,597Base $127,238 · Other $14,359
DESPINA TSAFOSTEACHER · 45 hrs/week $137,786Base $123,845 · Other $13,941
JOHN A RUSSOTEACHER · 45 hrs/week $133,446Base $122,252 · Other $11,194

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 (17)

MARSHA GADSDENEXECUTIVE DIRECTOR

MICHELLE COOKELEMENTARY SCHOOL PRINCIPAL

BRENDA SMITHMS PRINCIPAL

MARGARET HUNTDIRECTOR OF STUDENT SERVICES K-8

MARGARET BROWNDIRECTOR OF OPERATIONS

DORIS GALARZATEACHER

DESPINA TSAFOSTEACHER

JOHN A RUSSOTEACHER

ELDRIDGE GILBERTCHAIR

KIM LUMPKINTRUSTEE

ALLIE SWEENEYTREASURER

MELANIE DUKESVICE CHAIR THRU 03/2025

MELISSA TORRESTRUSTEE THRU 04/2025

SANIA KHANTRUSTEE

SOPHIE LIPPINCOTT FERRERTRUSTEE

SPENCER ROBERTSONTRUSTEE

TYLER PRIDETRUSTEE

About this charity

Recognized since
January 2008
Location
732 HENRY STREET, BROOKLYN, NY 11231
County
Kings
In care of
ELDRIDGE GILBERT
Primary officer
ELDRIDGE GILBERT, BOARD CHAIR

How to reach them

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
Charter Schools (B29)
IRS tax category
Charter Schools

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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