NonprofitsVertex Partnership Academies Inc

Education

Vertex Partnership Academies Inc

NEW YORK, NY

Total revenue

$3.3M

Total expenses

$3.0M

Net assets

$2.7M

Grants received

$4.5M

45 grants

EIN

834296806

Tax year

2023

Mission

Vertex partnership academies seeks to be the first-of-its-kind network of character-based, international baccalaureate public charter high schools dedicated to equality of opportunity, individual dignity, and our common humanity.

Financials

FY 2023

Revenue

Contributions & grants$2.7M
Program service revenue$715K
Investment income
Other revenue
Total revenue$3.3M

Expenses

Grants paid$1.4M
Salaries & benefits$560K
Fundraising$49K
Other expenses$979K
Total expenses$3.0M
Total assets$16.7M
Net assets$2.7M

People

3 listed

NameRoleCompensation

IAN ROWE

CHIEF EXECUTIVE OFFICER

Board

$150K

50 hrs/wk

DAVID SWEENY

BOARD CHAIR

Board

1 hrs/wk

SARAH HAWKINS

BOARD MEMBER

Board

1 hrs/wk

Independent contractors

SIGNATURE CONSTRUCTION GROUP INC

CONSTRUCTION SERVICES

$1.5M

DBI PROJECTS LLC

CONSTRUCTION CONSULTING

$868K

RCC HOLY FAMILY BLESSED SACRAMENT AND S

FACILITY RENT

$317K

ACS INTERNATIONAL RESOURCES INC

TECHNOLOGY CONSULTING

$247K

CULLEN AND DYKMAN LLP

FACILITY RENT AND SECURITY

$179K

Grants received

Showing 45 of 45

FromAmountPurposeYear
$165K
INNOVATIVE SCHOOLS
2024
$100K
CHARTER SCHOOL GROWTH
2024
$20K
GRANT TO ANOTHER 501(C)(3) ORG
2024
$15K
for general operations
2024
$15K
TO SUPPORT SUMMER BOOST
2024
$12K
UNRESTRICTED GENERAL SUPPORT
2024
$250K
CHARTER SCHOOL GROWTH
2023
$200K
CHARTER SCHOOL GROWTH
2023
$165K
INNOVATIVE SCHOOLS
2023
$132K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$50K
GENERAL USE
2023
$40K
For grant recipient's exempt purposes
2023
$25K
unrestricted
2023
$23K
TO SUPPORT SUMMER BOOST
2023
$20K
GENERAL OPERATING SUPPORT
2023
$15K
for general operations
2023
$12K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$1K
CHARITABLE
2023
$1K
OPERATING EXPENSES
2023
$275K
To support the growth of high-quality NYC charters by providing operating support for multiple new schools and back-office infrastructure support to build the operators' capacity to accommodate more rapid growth now and in the future.
2022
$150K
GENERAL
2022
$100K
SUPPORT BEST IN CLASS EDUCATION PROVIDERS
2022
$100K
SUPPORT BEST IN CLASS EDUCATION PROVIDERS
2022
$80K
Education
2022
$55K
For grant recipient's exempt purposes
2022
$50K
UNRESTRICTED GENERAL SUPPORT
2022
$50K
GENERAL USE
2022
$50K
CHARTER HIGH SCHOOL IN THE BRONX
2022
$26K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$25K
UNRESTRICTED
2022
$10K
Presidential - 3-year multi-year
2022
$5K
SUPPORT OF CHARITABLE
2022
$4K
GENERAL PURPOSE
2022
$178K
For grant recipient's exempt purposes
2021
$178K
For grant recipient's exempt purposes
2021
$115K
INNOVATIVE SCHOOLS
2021
$25K
UNRESTRICTED
2021

Funded by

$4.5M from 27 funders · 45 grants · 2021–2024

Beth And Ravenel Curry Foundation

$1.4M · 3 grants · 2021–2023

Charter Fund Inc

$550K · 3 grants · 2023–2024

Fidelity Investments Charitable Gift Fund

$451K · 4 grants · 2021–2023

New Schools Fund

$445K · 3 grants · 2021–2024

Walton Family Foundation Inc

$275K · 1 grant · 2022

The Center For Education Reform

$200K · 2 grants · 2022

Vanguard Charitable Endowment Program

$158K · 2 grants · 2022–2023

Details

EIN834296806
NTEE codeB02
Subsection03
Ruling date2020-05
Formed2019
Employees8
Volunteers4
VERTEX PARTNERSHIP ACADEMIES INC — Mission, Financials & Grants Received | Grantivo