2026-06-30T12:45:37-05:00 2025-08-31 334358135 SAX ADVISORS LLC 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2024-09-01 133976873 PARTNERSHIP FOR INNER CITY EDUCATION PART 2123711011 450 LEXINGTON AVENUE 3035 NEW YORK NY 10163 KRISTEN GENGARO EXECUTIVE DIRECTOR 2123711011 2026-07-15 1 0 KEVIN SUNKEL P00706145 2126857000 2026-06-29 2024 2025-03-06 01:10:19Z PARTNERSHIP SCHOOLS KRISTEN GENGARO 450 LEXINGTON AVENUE 3035 NEW YORK NY 10163 11886040 0 X PARTNERSHIPNYC.ORG X 1997 NY THE MISSION OF PARTNERSHIP SCHOOLS IS TO DEVELOP OUTSTANDING CATHOLIC ELEMENTARY SCHOOLS THAT PROVIDE STUDENTS WITH THE ACADEMIC PREPARATION, VALUES, AND SKILLS THEY NEED TO LEAD FULFILLING, PRODUCTIVE LIVES. THE PARTNERSHIP SUPPORTS ITS SEVEN SCHOOLS OF THE ARCHDIOCESE OF NEW YORK IN FOUR MAIN AREAS: NEEDS-BASED TUITION SCHOLARSHIPS; PROGRAMMATIC AND OPERATIONAL SUPPORT; ADMINISTRATIVE, EDUCATIONAL AND OPERATIONAL SERVICES; AND CAPITAL REPAIR GRANTS. THE PARTNERSHIP WAS CREATED TO PROVIDE A STABLE AND LONGER-TERM SOURCE OF SUPPORT FOR SCHOOLS SERVING HIGH PERCENTAGES OF FAMILIES EXPERIENCING POVERTY, AND IS OPERATED INDEPENDENTLY FROM THE ARCHDIOCESE OF NEW YORK. THE PARTNERSHIP ALSO PROVIDED SUPPORT TO FOUR SCHOOLS IN THE DIOCESE OF CLEVELAND. 13 13 41 13 0 62885 8813146 6695350 266273 137577 1833694 2407795 620 11387 10913733 9252109 13603236 1444133 0 0 5632430 4108145 0 0 1342628 2872693 1649793 22108359 7202071 -11194626 2050038 35477430 37075220 1621657 854861 33855773 36220359 X THE PARTNERSHIP SCHOOLS PROVIDE ADMINISTRATIVE,EDUCATIONAL AND OPERATIONAL SERVICES TO PREK-8TH GRADE SCHOOLS GOVERNED BY THE DIOCESE OF CLEVELAND, WHICH SERVE A HIGH PERCENTAGE OF FAMILES WHO CANNOT AFFORD THE RIGOROUS, FAITH-BASED SCHOOL OPTIONS THEY SEEK. THE PARTNERSHIP PROVIDES BOTH HUMAN AND FINANCIAL RESOURCES TO DELIVER THAT RIGOROUS EDUCTION, GROUNDED IN CONTENT, CHARACTER, AND FAITH, TO ITS STUDENTS. 0 1 3235540 1444133 THE PARTNERSHIP PROVIDED ADMINISTRATIVE, EDUCATIONAL AND OPERATIONAL SERVICES TO SEVEN PREK - 8TH GRADE SCHOOLS GOVERNED BY THE ARCHDIOCESE OF NEW YORK, WHICH SERVE A HIGH PERCENTAGE OF FAMILIES WHO CANNOT AFFORD THE RIGOROUS, FAITH-BASED SCHOOL OPTIONS THEY SEEK. THE PARTNERSHIP PROVIDES BOTH HUMAN AND FINANCIAL RESOURCES TO DELIVER THAT RIGOROUS EDUCATION, GROUNDED IN CONTENT, CHARACTER, AND FAITH, TO ITS STUDENTS. ADDITIONALLY, SCHOLARSHIPS WERE PROVIDED TO APPROXIMATELY 1,600 STUDENTS ATTENDING THESE SCHOOLS. THE PARTNERSHIP ALSO FUNDS CAPITAL IMPROVEMENTS MADE TO THE SCHOOL BUILDINGS. 210067 GRANTS MADE TO ELEMENTARY AND HIGH SCHOOLS OUTSIDE THE SEVEN NY SCHOOL NETWORK FOR SCHOLARSHIPS, ACADEMIC AND ENRICHMENT PROGRAMS AND GENERAL OPERATING SUPPORT. 1156771 137577 THE PARTNERSHIP PROVIDES ADMINISTRATIVE, EDUCATIONAL AND OPERATIONAL SERVICES TO FOUR PREK - 8TH GRADE SCHOOLS GOVERNED BY THE DIOCESE OF CLEVELAND, WHICH SERVE A HIGH PERCENTAGE OF FAMILIES WHO CANNOT AFFORD THE RIGOROUS, FAITH-BASED SCHOOL OPTIONS THEY SEEK. THE PARTNERSHIP PROVIDES BOTH HUMAN AND FINANCIAL RESOURCES TO DELIVER THAT RIGOROUS EDUCATION, GROUNDED IN CONTENT, CHARACTER, AND FAITH, TO ITS STUDENTS. THE PARTNERSHIP ALSO FUNDS CAPITAL IMPROVEMENTS MADE TO THE SCHOOL BUILDINGS. 4602378 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 41 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY OH X THE ORGANIZATION 2123711011 450 LEXINGTON AVENUE 3035 NEW YORK NY 10163 RUSSELL L CARSON CHAIRMAN 1.00 X X 0 0 0 AMY M STEVENS PRESIDENT 1.00 X X 0 0 0 DONALD J HERDRICH TREASURER 1.00 X X 0 0 0 CHRIS WILSON TRUSTEE 1.00 X 0 0 0 JOSEPH CIANCAGLINI TRUSTEE 1.00 X 0 0 0 FR DONALD P OLEKSIAK TRUSTEE 1.00 X 0 0 0 THOMAS C QUICK TRUSTEE 1.00 X 0 0 0 FRANK O'LINN TRUSTEE 1.00 X 0 0 0 WILLIAM GOODLOE TRUSTEE 1.00 X 0 0 0 BRIAN T REGAN TRUSTEE 1.00 X 0 0 0 BRENDAN GALLAGHER TRUSTEE 1.00 X 0 0 0 CECELIA GREENE TRUSTEE 1.00 X 0 0 0 KAREN HAMILTON TRUSTEE 1.00 X 0 0 0 KRISTEN GENGARO EXECUTIVE DIRECTOR 40.00 X 372889 0 15951 ANGELA LARSON CHIEF FINANCIAL OFFICER 40.00 X 198826 0 32591 CHRISTIAN M DALLAVIS SUPERINTENDENT 40.00 X 201736 0 12549 MAGGIE J JOHNSON VICE PRESIDENT FOR ACADEMICS 40.00 X 182389 0 26749 GEORGE GRENIER DIRECTOR OF FACILITIES 40.00 X 218640 0 27001 COLEEN MCHUGH GREIG DIRECTOR OF DEVELOPMENT OPERATIONS 40.00 X 195517 0 6953 MARY ELIZABETH BLAUFUSS VICE PRESIDENT FOR STRATEGIC INITIATIVES 40.00 X 172434 0 42587 AARON MICHAEL DUKES CHIEF IMPACT OFFICER 40.00 X 158987 0 25398 CHRISTOPHER MATESIC HIGH SCHOOL PLACEMENT DIRECTOR 40.00 X 157385 0 39949 1858803 0 229728 9 0 1 0 COMMUNITY COUNSELING SERVICES 527 MADISON AVE NEW YORK NY 10022 PROGRAM CONSULTING 500000 EDOPS 1611 CONNECTICUT AVE NW 200 WASHINGTON DC 20009 MGMT & ACCOUNTING 382146 2 2250652 4444698 52489 6695350 CLEVELAND EXPENSES REIMBURSED 611710 137577 137577 137577 801548 801548 4240178 2633931 1606247 1606247 1606247 OTHER INCOME 900099 11387 11387 11387 9252109 137577 0 2419182 1444133 1444133 1285950 725677 560273 2161068 1223313 199712 738043 116715 48564 34328 33823 291643 166273 57724 67646 252769 141866 55862 55041 109348 109348 650379 310044 5212 335123 170837 49652 105147 16038 77139 77139 TAXES AND FILING FEES 5634 5634 OTHER 337147 194360 46686 96101 CLOSING COSTS 210067 210067 ENROLLMENT RECRUITING 45859 45859 43383 42570 813 7202071 4602378 1257065 1342628 3186407 1382738 912078 4151963 2076470 802985 115736 1120455 113287 25556052 28298275 2396301 1735024 229667 475212 35477430 37075220 1621657 854861 1621657 854861 X 3143175 4813510 30712598 31406849 33855773 36220359 35477430 37075220 X 2050038 594548 -280000 X 0 1 X 1 0 X 19428740 12742870 25838452 8813146 6695350 73518558 19428740 12742870 25838452 8813146 6695350 73518558 10672155 62846403 791648 931570 940125 965158 801548 4430049 11387 11387 77959994 2132560 0.80610 0.81410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28636128 2886151 1225430 30296849 25982843 3965267 1311982 28636128 25547494 1644605 1209256 25982843 30887004 -3794883 1544627 25547494 25749469 6424535 1287000 30887004 1.00000 0 0 0 X 9536019 594548 78710 -280000 393258 9142761 109348 109348 9252109 7171433 78710 78710 7092723 109348 109348 7202071 PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO SUPPORT URBAN SCHOOLS IN THE CITY OF NEW YORK OPERATED BY THE ARCHDIOCESE. DURING THE YEAR ENDING AUGUST 31, 2024, THE PARTNERSHIP CEASED WORKING IN NEW YORK UNDER AN ADMINISTRATIVE SERVICES AGREEMENT. THE PARTNERSHIP IS IN PROCESS IN TRANSFERRING THE ENDOWMENT TO THE ARCHDIOCESE. THIS WILL HAPPEN UPON COMPLETION OF AN AGREEMENT AND REQUIRED REGULATORY APPROVALS. PART X, LINE 2: THE PARTNERSHIP DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. TAX FILINGS FOR THE PERIOD ENDING AUGUST 31, 2022 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: PLEDGES RESCINDED -280,000. 1 ALL HALLOWS HIGH SCHOOL 111 EAST 164TH STREET BRONX NY 10452 50000 0 TUITION SCHOLARSHIPS CATHEDRAL HIGH SCHOOL 116 E 97TH ST NEW YORK NY 10029 12000 0 TUITION SCHOLARSHIPS ST IGNATIUS SCHOOL 740 MANIDA STREET BRONX NY 10474 17645 0 TUITION SCHOLARSHIPS ST RAYMOND SCHOOL 2380 EAST TREMONT AVENUE BRONX NY 10462 475000 0 TUITION SCHOLARSHIPS TRANSFIGURATION SCHOOL 29 MOTT STREET NEW YORK NY 10013 25000 0 TUITION SCHOLARSHIPS CESA - IMMACULATE CONCEPTION SCHOOL (151 - BRONX) 378 EAST 151ST STREET BRONX NY 10455 137104 0 CAPITAL GRANTS, TUITION SCHOLARSHIP AND ACADEMIC & OPERATIONAL SUPPORT CESA - MOUNT CARMELHOLY ROSARY SCHOOL (MANHATTAN) 371 PLEASANT AVENUE NEW YORK NY 10035 49924 0 CAPITAL GRANTS, TUITION SCHOLARSHIP AND ACADEMIC & OPERATIONAL SUPPORT CESA - OUR LADY QUEEN OF ANGELS SCHOOL (MANHATTAN) 229 EAST 112TH STREET NEW YORK NY 10029 101710 0 CAPITAL GRANTS, TUITION SCHOLARSHIP AND ACADEMIC & OPERATIONAL SUPPORT CESA - SACRED HEART SCHOOL 1248 NELSON AVE BRONX NY 10452 159458 0 CAPITAL GRANTS, TUITION SCHOLARSHIP AND ACADEMIC & OPERATIONAL SUPPORT CESA - ST ATHANASIUS SCHOOL (BRONX) 830 SOUTHERN BOULEVARD BRONX NY 10459 154614 0 CAPITAL GRANTS, TUITION SCHOLARSHIP AND ACADEMIC & OPERATIONAL SUPPORT CESA - ST MARK THE EVANGELIST SCHOOL 55 WEST 138TH STREET NEW YORK NY 10037 89415 0 CAPITAL GRANTS, TUITION SCHOLARSHIP AND ACADEMIC & OPERATIONAL SUPPORT CESA - ST CHARLES BORROMEO SCHOOL 214 W 142ND ST NEW YORK NY 10030 166909 0 CAPITAL GRANTS, TUITION SCHOLARSHIP AND ACADEMIC & OPERATIONAL SUPPORT PART I, LINE 2: THE DIFFERENT TYPES OF GRANTS ARE MONITORED IN DIFFERENT WAYS. SCHOLARSHIPS ARE PAID OUT AGAINST INVOICES AND / OR VERIFICATION THAT STUDENTS ARE ENROLLED AND IN ATTENDANCE FOR THE YEAR. ACADEMIC AND PROGRAMMATIC EXPENSES ARE PAID OUT AGAINST SATISFACTORY PERFORMANCE OF CONTRACTS. SCHOOLS FINANCES ARE MONITORED BY THE PARTNERSHIP STAFF IN RELATION TO FUNDING NEEDED. PROJECTS FUNDED BY CAPITAL GRANTS ARE MONITORED BY THE PARTNERSHIP'S DIRECTOR OF FACILITIES AND FUNDS ARE PAID OUT AGAINST CERTIFICATES OF COMPLETION OR OTHER CONTRACTUAL EVIDENCE OF COMPLETION. X X 0 0 0 0 0 0 0 0 0 KRISTEN GENGARO EXECUTIVE DIRECTOR 372889 0 0 0 0 0 0 0 15951 0 388840 0 0 0 GEORGE GRENIER DIRECTOR OF FACILITIES 218640 0 0 0 0 0 13118 0 13883 0 245641 0 0 0 ANGELA LARSON CHIEF FINANCIAL OFFICER 198826 0 0 0 0 0 0 0 32591 0 231417 0 0 0 MARY ELIZABETH BLAUFUSS VICE PRESIDENT FOR STRATEGIC INITIAT 172434 0 0 0 0 0 29314 0 13273 0 215021 0 0 0 CHRISTIAN M DALLAVIS SUPERINTENDENT 201736 0 0 0 0 0 12104 0 445 0 214285 0 0 0 MAGGIE J JOHNSON VICE PRESIDENT FOR ACADEMICS 182389 0 0 0 0 0 10943 0 15806 0 209138 0 0 0 COLEEN MCHUGH GREIG DIRECTOR OF DEVELOPMENT OPERATIONS 195517 0 0 0 0 0 6525 0 428 0 202470 0 0 0 CHRISTOPHER MATESIC HIGH SCHOOL PLACEMENT DIRECTOR 157385 0 0 0 0 0 24388 0 15561 0 197334 0 0 0 AARON MICHAEL DUKES CHIEF IMPACT OFFICER 158987 0 0 0 0 0 12719 0 12679 0 184385 0 0 0 X 2 52489 FAIR MARKET VALUE 0 0 0 FORM 990, PART III, LINE 3 DURING THE YEAR ENDED AUGUST 31, 2025, THE PARTNERSHIP COMPLETED A SIGNIFICANT TRANSITION RELATED TO ITS HISTORICAL OPERATIONS IN NEW YORK. AS OF JUNE 30, 2024, THE PARTNERSHIP CEASED PROVIDING ADMINISTRATIVE AND OPERATIONAL SERVICES TO SCHOOLS WITHIN THE ARCHDIOCESE OF NEW YORK. AS A RESULT, THE PARTNERSHIP'S ACTIVITIES DURING FISCAL YEAR 2025 PRIMARILY REFLECT: - ONGOING SUPPORT AND MANAGEMENT OF THE CLEVELAND SCHOOL NETWORK. - CONTINUED DEVELOPMENT AND EXPANSION OF ITS NATIONAL EDUCATION MODEL. - ORGANIZATIONAL INFRASTRUCTURE NECESSARY TO SUPPORT GROWTH INTO ADDITIONAL REGIONS. IN CONNECTION WITH THIS TRANSITION, CERTAIN PROGRAMMATIC AND SUPPORTING COST STRUCTURES REFLECT A PERIOD OF REORGANIZATION AND INVESTMENT, INCLUDING THE DEVELOPMENT OF THE PARTNERSHIP'S NATIONAL PLATFORM. ACCORDINGLY, EXPENSES PRESENTED IN "NATIONAL PROGRAM AND "OTHER PROGRAMS" INCLUDE COSTS ASSOCIATED WITH CENTRAL PROGRAM DESIGN, LEADERSHIP, AND EXPANSION EFFORTS THAT ARE NOT DIRECTLY TIED TO A SINGLE SCHOOL NETWORK IN THE CURRENT PERIOD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS SENT TO THE BOARD FOR COMMENT AND REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS EACH YEAR. THE POLICY IS MONITORED THROUGH, AND DISCLOSURES ARE REVIEWED BY, THE AUDIT COMMITTEE, WITH ANY POTENTIAL CONFLICTS REPORTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN AND PRESIDENT REVIEW COMPENSATION FOR SIMILAR ROLES ACROSS A LARGE UNIVERSE OF COMPARABLE ORGANIZATIONS AND THEN MAKE THE COMPENSATION DECISION. THE CHAIRMAN AND PRESIDENT ALSO CONDUCT PERFORMANCE REVIEWS ANNUALLY WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR CONDUCTS REVIEWS WITH KEY EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY AND AUDIT REPORTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PLEDGES RESCINDED -280,000.