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New York Institute of English and Business Inc

New York, NY · EIN 133903957 · Form 990 · FY2024 · NTEE B99I · Education · Medium ($1M-$10M) · nyieb.edu
revenue
$1.9M
expenses
$1.9M
net assets
$612K
employees
34
program ratio
74%
mission · from form 990

The mission of the Institute is to meed the needs of its diverse student body, to enrich and equip them with technical expertise and good academic foundation.

profile · synthesized from sources

Private career school in New York City offering English language, business, and technology programs to adult learners and international students. Provides diploma and certificate programs focused on practical, job-ready skills. Approved by the New York State Education Department and authorized to enroll F-1 visa students since 1979.

named programs · 4 · from sources

What they call their work

Accounting Diploma
Multi-term diploma program combining courses in accounting, payroll, income tax, business communications, and computerized accounting using QuickBooks.
Computer Applications
Certificate courses in MS Word, Excel, PowerPoint, Access, and computer hardware/software, taught in a professional computer lab environment.
English as a Second Language (ESL)
Three levels of intensive English instruction including reading, writing, grammar, conversation, and TOEFL preparation, totaling 270 hours of focused exam practice.
Language and Culture
72- to 144-hour courses in American literature, customs, and fiction designed to build English fluency through cultural immersion.
activities · 7 groups

What they do

  • Admissions and Enrollment Support Services 2 activities
    • F-1 visa student enrollment and immigration support
      Provides federal authorization to enroll non-immigrant F-1 visa students, issues Form I-20, and offers guidance through the visa application process via its Foreign Student Office.
    • Year-round enrollment and admissions
      Provides continuous access to educational programs through year-round enrollment and admissions, allowing students to begin studies at any time.
  • Documentary Film Production 1 activity
    • Educational and institutional documentation
      Produced a 17-minute documentary film featuring the school's founder, teachers, and international students to document institutional history and student experience.
  • Higher Education Degree Programs 1 activity
    • Graduate outcomes reporting
      Graduated 482 students during the 2022–2023 academic year, reflecting program completion and student throughput.
  • ESL and Citizenship Instruction 1 activity
    • Intensive English as a Second Language (ESL) instruction
      Offers three levels of intensive ESL instruction, each including reading and writing, grammar, conversation, and TOEFL preparation, with full-time programs requiring a minimum of 18 hours per week for F-1 visa students. Also includes a 270-hour TOEFL preparation course.
  • Career and Technical Education Programs 1 activity
    • State-approved clock-hour educational programs
      Offers career-focused, clock-hour programs that are approved by the New York State Education Department, ensuring compliance with state educational standards.
  • College Access and Success Support 1 activity
    • Student support and career development services
      Provides academic advisement, career guidance, and educational support services as part of career-focused educational programs aimed at personal and professional growth.
  • Uncategorized 1 activity
    • Certificate and diploma programs in professional fields
      Offers focused 72-hour certificate courses in business, accounting, computers, language and culture, and foundational skills, taught using professional software in a computer lab. These courses can be combined into multi-term diploma programs that provide comprehensive professional training and lead to a diploma.
financials · form 990 · fy2024
revenue
Total revenue$1.93M
Contributions & grants$00%
Program service revenue$1.93M100%
Investment income$00%
Other revenue$0
expenses
Total expenses$1.92M
Program expenses74%
Admin / overhead26%
Fundraising0%
Salaries & benefits$1.14M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.92M
Cash$481K
Investments$0
Liabilities$2.31M
Net assets$612K
Liquid reserves3.0 mo
3 years on record · 2021–2024 · YoY revenue +6.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
Peter Kolaczko President 40 $96K
Alfredo Abubo CFO-Director 40 $82K
board members · 3
  • Annalorraine Barlaan — Director
  • Ihor Nemy — Director
  • Joshua Jayasingh — Director
relationships · 5

Who they work with

  • Middle States Association Network — Accrediting body for the institution
  • New York State Education Department Government — Approves all NYIEB courses and programs
  • New York State Education Department Government — Licensed and approves clock-hour programs
  • Not specified Partner — Phone lines designated for specific language groups to facilitate admissions inquiries
  • U.S. Department of State Government — Refers students to official visa information hosted by the U.S. Department of State
strategies · 4

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.

  • Accelerated Career-Focused Curriculum
    methodology: accelerated career training
    By offering accelerated programs aligned with current and future technology needs, the organization enables faster entry into the workforce because the curriculum delivers practical, in-demand knowledge more efficiently than traditional academic timelines.
  • Culture-Based Language Learning
    methodology: culture-based_language_learning
    By teaching English through cultural immersion—using American literature, customs, and fiction—the organization enhances language fluency because contextual and cultural relevance improves engagement and retention in language acquisition.
  • Immersive Urban Learning Environment
    methodology: immersive urban learning
    By using Manhattan as an immersive learning environment, the organization deepens educational impact because real-world urban contexts provide experiential learning opportunities that reinforce classroom instruction.
  • Integrated Academic and Technical Training
    methodology: integrated_academic_technical_training
    By combining technical training with academic development, the organization addresses the holistic educational needs of a diverse student population, producing more effective workforce preparation because it builds both foundational knowledge and practical skills simultaneously.