FRIENDS OF ROOSEVELT CHILDRENS ACADEMY CHARTER SCHOOL Charity Report

Public IRS 990 nonprofit record

FRIENDS OF ROOSEVELT CHILDRENS ACADEMY CHARTER SCHOOL

EIN 85-2943576 · Single Organization Support (B11)

What they do

to SUPPORT THE OPERATION of ROOSEVELT CHILDRENS ACADEMY CHARTER SCHOOL IN NEW YORK (THE "SCHOOL") BY PROVIDING ASSISTANCE WITH THE SCHOOLS REAL ESTATE and FACILITIES-RELATED NEEDS, and BY RAISING FUNDS and RESOURCES THAT WILL ENABLE THE CORPORATION to PROVIDE SUPPORT to THE SCHOOL to ENHANCE THE EXPERIENCE of THE SCHOOLS STUDENTS; to EXERCISE ALL RIGHTS and POWERS CONFERRED BY THE LAWS of THE STATE of NEW YORK UPON NOT-FOR-PROFIT CORPORATIONS, INCLUDING BUT WITHOUT LIMITATION THEREON, to RAISE FUNDS, to RECEIVE GIFTS, DEVISES, BEQUESTS and CONTIRBUTIONS, IN ANY FORM, and to USE, APPLY, INVEST and REINVEST THE PRINCIPAL AND/OR INCOME THERE FROM or DISTRIBUTE THE SAME for THE ABOVE PURPOSES and to ENGAGE IN ANY OTHER ACTIVITY THAT is INCIDENTAL TO, CONNECTED WITH or IN ADVANCEMENT of THE FOREGOING PURPOSED of SECTIONS 170(C)(2)(B) and 801(C) (3).

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.10 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 leaders5 people are listed in the latest report.

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

Money made simple

110.63%of revenue went to mission work87.1% of expenses · Program services

$126.95spent for every $100 of revenueSpending was higher than revenue this year.

16.32%of revenue went to management and office costs12.9% of expenses

$11.34in assets for every $1 spent this yearSome assets cannot be spent right away.

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 $885,163 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $178,518 for PHILIP LECONTE (CEO/COO/CFO). 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$3,284,597

Mission workProgram services$3,633,748110.63% of revenue87.1% of expenses

ManagementOffice and general costs$536,01216.32% of revenue12.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$4,169,760126.95% 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: 87.1% mission · 12.9% management · 0.0% fundraisingTotal expenses: 126.95% of revenue

2023Expense mix: 90.7% mission · 9.3% management · 0.0% fundraisingTotal expenses: 31.37% of revenue

Money in and money out

Revenue$3,284,597

Expenses$4,169,760

Annual shortfall $885,163 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)$3,633,748 · 87.1% of expenses

Management and office costs$536,012 · 12.9% of expenses

See all reported dollar amounts

Revenue$3,284,597

Expenses$4,169,760

Assets$47,304,980

Income$15,729,985

Mission work (program services)$3,633,748

Management and general$536,012

Accounting fees$47,875

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

PHILIP LECONTECEO/COO/CFO · 40 hrs/week $178,518Base $123,504 · Other $55,014

O OGBE DAVISEMPLOYEE · 40 hrs/week $131,729Base $120,234 · Other $11,495

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 (5)

PHILIP LECONTECEO/COO/CFO

O OGBE DAVISEMPLOYEE

DR DEAN OLSEN DOTREASURER

DR SYDNEY PIGOTT DDSSECRETARY

REVEREND REGINALD TUGGLEPRESIDENT -

About this charity

Recognized since: January 2021
Location: 201 DEBEVOISE AVE, ROOSEVELT, NY 11575-1715
County: Nassau
In care of: % PHILIP LECONTE
Primary officer: PHILIP LECONTE, CEO/COO/CFO

How to reach them

Phone(516) 532-7104 Officer phone(212) 365-8600

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: REID TAX & ADVISORY SERVICES LLC
NTEE classification: Single Organization Support (B11)
IRS tax category: Single Organization Support