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HARLEM CHILDREN'S ZONE PROMISE ACADEMY CHARTER SCHOOL
NEW YORK, NY · EIN 760756768 · Form 990 · FY2024 · NTEE B29 · Education · Large ($10M-$50M) · hczpromise.org
revenue
$28.0M
expenses
$29.4M
net assets
$68.0M
employees
256
program ratio
94%
mission · from form 990

TO PROVIDE HIGH QUALITY, STANDARDS-BASED ACADEMIC PROGRAMS FOR STUDENTS, GRADES K-12.

profile · synthesized from sources

Charter school network in New York City providing K-12 education with a focus on academic rigor and college preparation. Operates two campuses, Promise Academy I and II, serving students primarily from Harlem. The schools are part of the broader Harlem Children's Zone initiative, aiming to support student success through extended learning time and comprehensive services.

named programs · 2 · from sources

What they call their work

Promise Academy I
K-5 elementary school with extended school day and year, focused on literacy, math, and social-emotional learning
Promise Academy II
Middle and high school (grades 6-12) offering college preparatory curriculum, after-school programs, and family support services
activities · 4 groups

What they do

  • Student Progress Assessment & Program Evaluation 1 activity
    • Conduct annual school climate and performance surveys
      Conducts and publishes annual surveys for Promise Academy schools M284 and M341 to assess school climate, performance, and program outcomes.
  • After-School Academic and Enrichment Programs 1 activity
    • Deliver after-school academic and enrichment programming
      Offers an after-school program that includes tutoring, homework help, and enrichment activities such as photography, chess, robotics, music, and team sports for enrolled students.
  • Charter School Operations 1 activity
    • Operate K–12 charter schools with extended academic calendar
      Operates two tuition-free charter schools serving approximately 2,000 students in grades K–12 in Harlem, featuring extended school days and academic years to support mastery of core subjects and enrichment in sciences, arts, and physical fitness.
  • Child & Youth Meal Programs 1 activity
    • Provide school-based health and nutrition services
      Provides daily freshly prepared breakfast and lunch, daily exercise, weekly nutrition education, and access to medical and dental services to support student health and wellness across its charter schools.
financials · form 990 · fy2024
revenue
Total revenue$28.03M
Contributions & grants$28.03M100%
Program service revenue$00%
Investment income$130%
Other revenue$2
expenses
Total expenses$29.40M
Program expenses94%
Admin / overhead6%
Fundraising0%
Salaries & benefits$21.70M
Grants paid out$72K
Largest expense lineCompensation
balance sheet
Total assets$75.90M
Cash$15.20M
Investments$0
Liabilities$7.92M
Net assets$67.98M
Liquid reserves6.2 mo
6 years on record · 2019–2024 · YoY revenue -11.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
ACHIL PETIT THRU 082024 SUPERINTENDENT 20 $1.28M
KWAME OWUSU-KESSE CEO & PRESIDENT 2 $1.28M
GEOFFREY CANADA CHAIRMAN 2 $869K
SASKIA BROWN DEPUTY SUPERINTENDENT 20 $422K
RALPH STEFANO CFO 2 $357K
ARI BROWNE DIRECTOR, BUSINESS ADMIN 20 $346K
TOYA STILLEY DIRECTOR, OPERATIONS 20 $340K
AMY DEAL PRINCIPAL (HIGH SCHOOL) 40 $300K
board members · 9
  • AISHA TOMLINSON THRU 062425 — PARENT REP (NON-VOTING)
  • ALFONSO WYATT — TRUSTEE
  • DENISE FULLER THRU 062425 — TRUSTEE (NON-VOTING)
  • ELLANOR BODIE BRIZENDINE — TRUSTEE (NON-VOTING)
  • KEITH MEISTER — TRUSTEE (NON-VOTING)
  • KENNETH LANGONE CHAIRMAN — EMERITUS (NON-VOTING)
  • MITCH KURZ — TREASURER/SECRETARY
  • STANLEY DRUCKENMILLER — TRUSTEE (NON-VOTING)
  • WILLIE MAE LEWIS — TRUSTEE
relationships · 7

Who they work with

  • HARLEM CHILDREN'S ZONE Network — Part of the Harlem Children's Zone ecosystem, leveraging decades of community-based programming in Harlem.
  • Harlem Children’s Zone Partner — Co-created and operates Promise Academy I High School in partnership.
  • Harlem Children’s Zone Partner — Co-created and operates Promise Academy I Middle School in partnership.
  • Harlem Children’s Zone Partner — Co-created and operates Promise Academy II Elementary School in partnership.
  • Harlem Children’s Zone Partner — Co-created and operates Promise Academy II High School in partnership.
  • Harlem Children’s Zone Partner — Co-created and operates Promise Academy II Middle School in partnership.
  • Harlem Children’s Zone Partner — Partnered with Harlem Children’s Zone to create and operate Promise Academy I Elementary School.
strategies · 3

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.