THANK YOU TO OUR DONORS This past year, Achievement First celebrated 25 years of impact, a milestone made possible by the belief of our families, students, educators, and supporters. Together, we’ve spent a quarter-century growing, learning, and building joyful school communities where every child can thrive.
OUR SCHOOL FINANCES FY25 UNAUDITED FINANCIALS
District spending per pupil*
NY
CT
RI
$33,437
$25,023
$21,051
AF Revenues Per-Pupil Following the close of our fiscal year on June 30, 2025, we’re excited to share this FY 2025 Annual Report Addendum, recognizing and thanking the generous donors who helped make the 2024-25 school year one of continued growth and possibility.
Philanthropy
$6
$755
$11
Federal (Titles, CSP, Meals, Erate, IDEA, ESSER)
$1,385
$1,648
$2,487
State / District (Per Pupil, SPED, lease assistance)
$21,663
$14,890
$19,054
Other (Interest income, ERC)
$629
$764
$410
Now, as we head confidently and optimistically into the next chapter, we remain grateful. Our journey continues, fueled by the same shared purpose that has guided us from the start: creating opportunities for students to dream big, discover their brilliance, and lead lives full of purpose and joy.
Total Per-Pupil Revenues
$23,682
$18,058
$21,962
Personnel
$13,927
$10,283
$9,734
Non-personnel
$9,739
$7,778
$10,587
Total Per-Pupil Expenses
$23,666
$18,061
$20,322
Thank you for walking alongside us and for believing in what’s possible when we go further together.
AF Expenses Per-Pupil
*Source: https://educationdata.org/public-education-spending-statistics
NETWORK SUPPORT EXPENSES FY25
Core Operations
Leadership and Administration
Revenues Network Support Fee
$34,400,587
34.3%
Public Grants
$2,149,512
School Support and Curriculum Development
Philanthropy
$4,136,010
Other
$395,709
Total Revenues
$41,081,818
12.3% Information Technology and Data
10.6% 18% Operations and Finance
Core Expenses
18.4% Development and Community Relations
6.4%
Talent Development and Recruiting
Personnel Expenses
$32,576,639
Non-personnel Expenses
$8,505,179
Total Expenses
$41,081,818
Surplus / (Deficit)