NonprofitsLamad Academy Charter School

Education

Lamad Academy Charter School

BROOKLYN, NY

Total revenue

$4.5M

Total expenses

$4.6M

Net assets

$626K

Grants received

$751K

7 grants

EIN

833026763

Tax year

2023

Mission

Lamad academy charter school's mission is to prepare and inspire students to successfully and enthusiastically pursue mathematics and science educaton in their secondary and post-secondary careers. With american economic and national secuirty dependent on the development of a scientifically-trained and technically-skilled workforce, lamad academy will graduate a cadre of such future talent by immersing its students in an academically rigorous standard-based curriculum with a principal emphasis on mathematics and science.

Financials

FY 2023

Revenue

Contributions & grants$850K
Program service revenue$3.7M
Investment income$54
Other revenue$8K
Total revenue$4.5M

Expenses

Grants paid
Salaries & benefits$3.0M
Fundraising$3K
Other expenses$1.6M
Total expenses$4.6M
Total assets$1.3M
Net assets$626K

People

10 listed

NameRoleCompensation

ALFRED COCKFIELD

CEO

Board

$227K

40 hrs/wk

Frederick Alan Underwood

Principal

Board

$116K

40 hrs/wk

Olympia Haynes

Principal

Board

$72K

40 hrs/wk

Michael Seabrook

Dir. of Operat.

Board

$41K

40 hrs/wk

David Brecher

Treasurer

Board

2 hrs/wk

RUBAIN DORANCY

Board Chair

Board

2 hrs/wk

Marsha Escayg

Secretary

Board

2 hrs/wk

ABENAA FREMPONG-BOADU

Trustee

Board

2 hrs/wk

Gregorio Mayers

Vice Chair

Board

2 hrs/wk

KENNETH HALPERIN

Trustee

Board

2 hrs/wk

Independent contractors

Charter School Business Management

Financial

$213K

SVC Tutors

Tutoring

$177K

Anmarmatt Corp

Transportation

$166K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$118K
TO SUPPORT SUMMER BOOST
2024
$181K
TO SUPPORT SUMMER BOOST
2023
$252K
TO SUPPORT SUMMERBOOST
2022
$100K
Costs for Acad. Intervention Serv.
2022
$20K
Providing Immediate Support to WFF Funded Schools During COVID-19
2020

Funded by

$751K from 5 funders · 7 grants · 2020–2024

50Can Inc

$551K · 3 grants · 2022–2024

Walton Family Foundation Inc

$20K · 1 grant · 2020

Kearnybank Foundation Inc

$5K · 1 grant · 2022

Details

EIN833026763
NTEE codeB24
Subsection03
Ruling date2020-01
Formed2018
Employees52
Volunteers6
LAMAD ACADEMY CHARTER SCHOOL — Mission, Financials & Grants Received | Grantivo