NEW WORLD PREPARATORY CHARTER SCHOOL Charity Report

Public IRS 990 nonprofit record

NEW WORLD PREPARATORY CHARTER SCHOOL

EIN 27-2013987 · Charter Schools (B29)

What they do

New World Preparatory Charter School (NWP) Will Provide An Exceptional Education for Students In Kindergarten Through Eighth Grade By Employing Research-proven Strategies to Raise Middle School Academic Achievement Including: Academic Rigor and Relevance, Personalization, Focused Professional Development, and Meaningful Engagement of Families and The Larger Community. We Will Build On Our Nations Promise of Opportunity By Exemplifying The Role Social Justice Holds In Shaping A Community of The People, By The People and for The People. Our Students Will Graduate From NWP With A Strong Academic Foundation, An Awareness of The Needs of Others, and With The Social and Emotional Readiness Needed to Succeed In High School and Graduate From College.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.20 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 leaders16 people are listed in the latest report.

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

Money made simple

74.57%of revenue went to mission work90.2% of expenses · Program services

0.02%of revenue went to fundraising0.0% of expenses

$82.64spent for every $100 of revenueRevenue covered expenses this year.

8.05%of revenue went to management and office costs9.7% of expenses

$0.72in assets for every $1 spent this yearSome assets cannot be spent right away.

9.4%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.

Pay context: The highest compensation shown in this filing is $290,582 for EUGENE FOLEY (PRESIDENT). 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$20,695,269

Mission workProgram services$15,432,91574.57% of revenue90.2% of expenses

ManagementOffice and general costs$1,666,4798.05% of revenue9.7% of expenses

FundraisingAsking for donations$3,8690.02% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$3,592,00617.36% of revenueShown in gray on the chart

Total expenses$17,103,26382.64% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 90.2% mission · 9.7% management · 0.0% fundraisingTotal expenses: 82.64% of revenue

2023Expense mix: 90.1% mission · 9.9% management · 0.0% fundraisingTotal expenses: 83.73% of revenue

2022Expense mix: 89.9% mission · 10.1% management · 0.0% fundraisingTotal expenses: 109.36% of revenue

2021Expense mix: 89.6% mission · 10.4% management · 0.0% fundraisingTotal expenses: 110.15% of revenue

2020Expense mix: 90.3% mission · 9.6% management · 0.1% fundraisingTotal expenses: 106.37% of revenue

2019Expense mix: 89.7% mission · 10.1% management · 0.2% fundraisingTotal expenses: 89.69% of revenue

2018Expense mix: 86.9% mission · 12.9% management · 0.2% fundraisingTotal expenses: 98.53% of revenue

2017Expense mix: 88.6% mission · 11.0% management · 0.3% fundraisingTotal expenses: 96.86% of revenue

Money in and money out

Revenue$20,695,269

Expenses$17,103,263

Annual surplus $3,592,006 Revenue was higher than expenses 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)$15,432,915 · 90.2% of expenses

Management and office costs$1,666,479 · 9.7% of expenses

Fundraising$3,869 · 0.0% of expenses

See all reported dollar amounts

Revenue$20,695,269

Expenses$17,103,263

Assets$12,315,523

Income$20,695,269

Contributions$1,953,156

Mission work (program services)$15,432,915

Fundraising$3,869

Management and general$1,666,479

Accounting fees$56,300

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

EUGENE FOLEYPRESIDENT · 40 hrs/week $290,582Base $261,279 · Other $29,303

NICOLE JOHNSONPRINCIPAL · 40 hrs/week $175,880Base $158,862 · Other $17,018

MATTHEW DUFFYTEACHER · 40 hrs/week $146,004Base $124,218 · Other $21,786

ROSA LUCIATEACHER · 40 hrs/week $142,108Base $113,517 · Other $28,591

YASMIN PERALTADIRECTOR OF SCHOOL · 40 hrs/week $140,060Base $117,862 · Other $22,198

AMANDA LEE AINLEYPRINCIPAL · 40 hrs/week $133,664Base $115,843 · Other $17,821

DIANE SORENSENDIRECTOR OF SCHOOL · 40 hrs/week $128,531Base $115,104 · Other $13,427

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 (16)

EUGENE FOLEYPRESIDENT

NICOLE JOHNSONPRINCIPAL

MATTHEW DUFFYTEACHER

ROSA LUCIATEACHER

YASMIN PERALTADIRECTOR OF SCHOOL

AMANDA LEE AINLEYPRINCIPAL

DIANE SORENSENDIRECTOR OF SCHOOL

ALICE TOBINTREASURER

ANAVELLA ROMEROPTO PRESIDENT

ANGELO APONTEBOARD PRESIDENT

JACK MINOGUETRUSTEE

JOHN MCBETHTRUSTEE

LARRY MIRALDIVICE PRESIDENT

MICHAEL MCVEYTRUSTEE

PETER WEINMAN ESQTRUSTEE

REVEREND TERRY TROIASECRETARY

About this charity

Recognized since: January 2011
Location: 26 SHARPE AVENUE, STATEN ISLAND, NY 10302
County: Richmond
In care of: ANGELO APONTE
Primary officer: ANGELO APONTE, President

How to reach them

WebsiteVisit the charity’s website Phone(718) 705-8990

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools