Exam Schools Partnership Initiative
- Assets
- $163.8k
- Revenue
- $440.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-2684532
Organization Overview
Exam Schools Partnership Initiative is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exam Schools Partnership Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Exam Schools Partnership Initiative generated $440.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.2% each year . All expenses for the organization totaled $362.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESPI AIMS TO ADDRESS INEQUITY OF EDUCATIONAL OPPORTUNITY FOR ACADEMICALLY ADVANCE STUDENTS, PARTICULARLY FROM BLACK AND LATINO FAMILIES, IN RACIALLY ISOLATED AND LOW INCOME ELEMENTARY AND MIDDLE SCHOOLS IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESPI'S CITY SMART SCHOLARS 5TH THROUGH 8TH GRADE PROGRAM IS DESIGNED FOR STUDENTS FROM FAMILIES WHO CANNOT AFFORD PRIVATE TUTORING AND ARE FROM COMMUNITIES WHICH ARE UNDER-REPRESENTED IN NEW YORK CITY'S SELECTIVE HIGH SCHOOLS. THE 2021 PROGRAM MET REMOTLY DURING THE SPRING, UNTIL JUNE, THEN MOVED TO IN PERSON AT HUNTER COLLEGE MAIN CAMPUS FOR THE SUMMER. STUDENTS WORKED FOR A FULL DAY, RECEIVING INSTRUCTION IN ENGLISH LANGUAGE ARTS AND MATH AND PREPARATION FOR THE NEW YORK STATE 5TH GRADE TEST.STUDENTS WHO COMPLETED THE PROGRAM BECAME ELIGIBLE FOR A FIVE-WEEK SUMMER PROGRAM THAT EMPHASIZED WRITING AND CRITICAL READING SKILLS AND MATH PROBLEM-SOLVING. THOSE WHO RECEIVE HIGH SCORES ON THEIR 4TH GRADE ENGLISH LANGUAGE ARTS AND MATH TESTS WERE ALSO ELIGIBLE FOR A MULTI-WEEK PROGRAM IN THE FALL TO PREPARE THEM FOR THE HUNTER COLLEGE HIGH SCHOOL (HCHS) ADMISSIONS TEST, GIVEN TO 6TH GRADERS IN MAY 2021. ENRICHMENT CONTINUED THROUGH 8TH GRADE TO ASSIST STUDENTS WITH PREPARATION FOR HIGH SCHOOL ADMISSION TESTS.IN 2021, APPROXIMATELY 90 STUDENTS PARTICIPATED IN THE ESPI PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Mccord Chair Of Pgm. | OfficerTrustee | 12 | $0 |
Alejandro Manzo Dir. & Chair. | OfficerTrustee | 12 | $0 |
Vizhier Mooney Pres. & Chair | OfficerTrustee | 12 | $0 |
Jon Tarnow Treasurer | Officer | 12 | $0 |
Amanda Moszkowski Director | Trustee | 12 | $0 |
Pamela Roach Director | Trustee | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $440,556 |
| Noncash contributions included in lines 1a–1f | $68,830 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $440,556 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $440,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,051 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $622 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,187 |
| Travel | $2,476 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,620 |
| All other expenses | $26,862 |
| Total functional expenses | $362,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,763 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $163,763 |
| Accounts payable and accrued expenses | $5,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,000 |
| Net assets without donor restrictions | $158,763 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $163,763 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Exam Schools Partnership Initiative has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
The Moszkowski Family Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $50,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $15,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |