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THE ICS FOUNDATION INC

STATEN ISLAND, NY · EIN 832539307 · Form 990 · FY2024 · NTEE B12 · Education · Medium ($1M-$10M)
revenue
$4.3M
expenses
$3.0M
net assets
$5.2M
employees
1
volunteers
8
program ratio
98%
mission · from form 990

THE ICS FOUNDATION, INC. WAS FOUNDED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO FURTHER THE EDUCATIONAL CHARITABLE MISSION OF INTEGRATION CHARTER SCHOOLS, WHICH CURRENTLY INCLUDES LAVELLE PREPARATORY CHARTER SCHOOL, NEW VENTURES CHARTER SCHOOL, EARLY COLLEGE CHARTER SCHOOL AND RICHMOND PREPARATORY CHARTER SCHOOL IN NEW YORK STATE. THE ORGANIZATION'S FUNDRAISING AND RESOURCES WILL ENABLE IT TO PROVIDE SUPPORT TO THE SCHOOLS TO ENHANCE THE EXPERIENCE OF THE SCHOOLS' STUDENTS, PROVIDE ASSISTANCE WITH THE SCHOOLS' STUDENTS AND PROVIDE ASSISTANCE WITH THE SCHOOLS' REAL ESTATE AND FACILITIES-RELATED NEEDS.

profile · synthesized from sources

The ICS Foundation Inc. provides financial and technical support to charter schools in New York State, including Lavelle Preparatory, New Ventures, Early College, and Richmond Preparatory Charter Schools. The organization focuses on enhancing student experiences and supporting schools' facilities and real estate needs. It operates as a nonprofit foundation dedicated to advancing the educational mission of its affiliated schools.

named programs · 2 · from sources

What they call their work

Facilities and Real Estate Support
Offers technical and financial assistance to charter schools for real estate acquisition, leasing, and facility improvements
Student Experience Enhancement
Provides resources and programming to improve educational and extracurricular experiences for students at affiliated charter schools
activities · 1 group

What they do

  • Private K–12 School Support 1 activity
    • Funding and supporting charter schools in New York State
      Provides financial and technical support to multiple charter schools in New York State, including Lavelle Preparatory Charter School, New Ventures Charter School, Early College Charter School, and Richmond Preparatory Charter School. Support includes enhancing student experience, addressing student needs, and assisting with real estate and facilities-related needs.
financials · form 990 · fy2024
revenue
Total revenue$4.27M
Contributions & grants$15K0%
Program service revenue$4.11M96%
Investment income$146K3%
Other revenue$0
expenses
Total expenses$3.05M
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$120K
Grants paid out$15K
Largest expense lineFacilities
balance sheet
Total assets$44.08M
Cash$2.74M
Investments$0
Liabilities$38.92M
Net assets$5.15M
Liquid reserves10.8 mo
6 years on record · 2019–2024 · YoY revenue -2.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JODI GUAGLIARDO EXECUTIVE DIRECTOR - RESIGNED JUNE 2025 32 $121K
board members · 8
  • CAROL DECINA — TRUSTEE
  • DAVID LEHR — TRUSTEE
  • DAVID SWEENEY — TRUSTEE
  • JOHN TARDY — TRUSTEE
  • MARK MININBERG — TREASURER
  • MATTHEW KIEFER — SECRETARY
  • MICHAEL CARIDI — CHAIRPERSON
  • ROBIN LEFKOWITZ — TRUSTEE
relationships · 4

Who they work with

  • EARLY COLLEGE CHARTER SCHOOL Partner — Recipient of financial and technical support from The ICS Foundation Inc.
  • LAVELLE PREPARATORY CHARTER SCHOOL Partner — Recipient of financial and technical support from The ICS Foundation Inc.
  • NEW VENTURES CHARTER SCHOOL Partner — Recipient of financial and technical support from The ICS Foundation Inc.
  • RICHMOND PREPARATORY CHARTER SCHOOL Partner — Recipient of financial and technical support from The ICS Foundation Inc.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.