Civic Intelligence

DC Bilingual Public Charter School

990 • Fiscal year 2017 • EIN 20-0412800

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 27, 2018

33 Riggs Road NEWashington, DC 20011

(202) 750-6674

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.49x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

46th percentile

0.14x

Higher debt load relative to revenue than 46% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

57th percentile

5.0%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$115,138

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

91st percentile

45%

Faster asset growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

27th percentile

-3.6%

Faster revenue growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,601,768

Up $805,707 (+45%) from 2016

Net Assets

Up

$1,316,746

Up $441,191 (+50%) from 2016

Liabilities

Up

$1,285,022

Up $364,516 (+40%) from 2016

Revenue

Down

$8,878,073

Down $330,677 (-3.6%) from 2016

Expenses

Up

$8,436,882

Up $122,098 (+1.5%) from 2016

Net Income

Down

$441,191

Down $452,775 (-51%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0-$20MAssets 2011: $1,292,083Liabilities 2011: $241,873Net Assets 2011: $1,050,2102011Assets 2012: $814,782Liabilities 2012: $275,031Net Assets 2012: $539,7512012Assets 2013: $867,470Liabilities 2013: $411,136Net Assets 2013: $456,3342013Assets 2014: $987,170Liabilities 2014: $347,695Net Assets 2014: $639,4752014Assets 2015: $528,892Liabilities 2015: $547,303Net Assets 2015: -$18,4112015Assets 2016: $1,796,061Liabilities 2016: $920,506Net Assets 2016: $875,5552016Assets 2017: $2,601,768Liabilities 2017: $1,285,022Net Assets 2017: $1,316,7462017Assets 2018: $8,742,465Liabilities 2018: $5,203,244Net Assets 2018: $3,539,2212018Assets 2019: $20,087,008Liabilities 2019: $15,280,564Net Assets 2019: $4,806,4442019Assets 2020: $21,971,307Liabilities 2020: $15,666,450Net Assets 2020: $6,304,8572020Assets 2021: $27,867,022Liabilities 2021: $20,863,448Net Assets 2021: $7,003,5742021Assets 2022: $40,931,219Liabilities 2022: $30,561,697Net Assets 2022: $10,369,5222022Assets 2023: $47,694,976Liabilities 2023: $35,828,460Net Assets 2023: $11,866,5162023Assets 2024: $48,588,091Liabilities 2024: $35,609,394Net Assets 2024: $12,978,6972024

Highlighted filing

2017

Assets$2,601,768
Liabilities$1,285,022
Net Assets$1,316,746

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,707,332Expenses 2011: $7,173,120Net Income 2011: -$465,7882011Revenue 2012: $6,957,466Expenses 2012: $7,624,922Net Income 2012: -$667,4562012Revenue 2013: $7,240,513Expenses 2013: $7,323,930Net Income 2013: -$83,4172013Revenue 2014: $8,133,312Expenses 2014: $7,950,171Net Income 2014: $183,1412014Revenue 2015: $8,184,293Expenses 2015: $8,496,052Net Income 2015: -$311,7592015Revenue 2016: $9,208,750Expenses 2016: $8,314,784Net Income 2016: $893,9662016Revenue 2017: $8,878,073Expenses 2017: $8,436,882Net Income 2017: $441,1912017Revenue 2018: $10,838,240Expenses 2018: $8,615,765Net Income 2018: $2,222,4752018Revenue 2019: $11,688,924Expenses 2019: $10,421,701Net Income 2019: $1,267,2232019Revenue 2020: $12,259,483Expenses 2020: $11,035,866Net Income 2020: $1,223,6172020Revenue 2021: $13,552,714Expenses 2021: $10,956,155Net Income 2021: $2,596,5592021Revenue 2022: $13,214,239Expenses 2022: $13,169,819Net Income 2022: $44,4202022Revenue 2023: $16,478,907Expenses 2023: $16,219,730Net Income 2023: $259,1772023Revenue 2024: $19,141,910Expenses 2024: $18,511,072Net Income 2024: $630,8382024

Highlighted filing

2017

Revenue$8,878,073
Expenses$8,436,882
Net Income$441,191
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 27, 2018
Return Version
2016v3.1
Gross Receipts
$8,894,312
Mission and Program Overview

Mission

District of columbia bilingual public charter school (dcbpcs) is a learning community that ensures high academic achievement in both spanish and english, develops leadership, and values all cultures.

The mission of the charter school is to expand educational opportunities and choices by implementing a dual language program that will enable students to meet high academic expectations and develop critical thinking, problem solving skills and a joy of learning for children from pre- kindergarten to grade five.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,207,388$1,544,451▲ $337,063
Land, Buildings, and Equipment, Net$244,658$783,257▲ $538,599
Accounts Receivable$111,758$132,719▲ $20,961
Pledges and Grants Receivable$154,030$85,662▼ $68,368
Prepaid Expenses and Deferred Charges$48,220$25,662▼ $22,558
Savings and Temporary Cash Investments$10,007$10,017▲ $10
Total Assets$1,796,061$2,601,768▲ $805,707
Other Assets Total$20,000$20,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$843,672$1,149,119▲ $305,447
Other Liabilities$76,834$135,903▲ $59,069
Total Liabilities$920,506$1,285,022▲ $364,516
Net Assets / Fund Balance
Unrestricted Net Assets$872,180$1,282,104▲ $409,924
Temporarily Rstr Net Assets$3,375$34,642▲ $31,267
Total Net Assets Fund Balance$875,555$1,316,746▲ $441,191
Total Liabilities and Net Assets / Fund Balance$1,796,061$2,601,768▲ $805,707

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$596,033$347$596,380
Equipment$187,224$235,784$423,008
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniela AnelloHead of SchoFT$114,754$384$115,138

Board Members and Trustees

NameTitle
Susan RosenbaumChair
Aaron Lemon-straussBoard Member
Antonio PayneBoard Member
Blanca GuillenBoard Member
Dara ZeehandelaarBoard Member
Denise GershowitzBoard Member
Emma SnyderBoard Member
John JoaquinBoard Member
Mark Schrieber- Out GoingBoard Member
Matt KingBoard Member
Michelle RitchieBoard Member
Suzi MarchenaBoard Member
Lester Matlock- Out GoingEx-officio
Cydney Peyton WaltonSecretary
Gillian BrownTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CentroniaFood Service1420 COLUMBIA RD NW, SUITE 18A, Washington, DC 20009$348,675
Pmm CompaniesJanitorial15938 DERWOOD ROAD, SUITE B, Rockville, MD 20855$259,822
Young And WellEducation Svcs932 HUNGERFORD DRIVE, Rockville, MD 20850$243,434
EdopsAccting & Hr1611 CONNECTICUT AVE NW STE 200, Washington, DC 20009$171,408
J & C Behavioral Therapy LLCSpecial Ed6281 FRANCONIA RD, Alexandria, VA 22310$163,205
Revenue and Support

Revenue Composition

Contributions and Grants
$865,819
Program Service Revenue
$8,013,325
Investment Income
$1,977
Other Revenue
$-3,048
All Other Contributions
$114,263
Change in Net Assets
$441,191

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,878,073
Revenue Not Reported on Form 990
$8,325
Total Revenue per Audited Statements
$8,886,398
Total Revenue per Form 990
$8,878,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,464,707
Other Expenses$2,972,175
Total Fundraising Expense$18,920
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,107,115$517,884-$4,624,999
Fees for Services Other$931,906$25,848$11,368$969,122
Occupancy$619,626$78,132-$697,758
Payroll Taxes$332,481$41,924-$374,405
Other Employee Benefits$202,340$25,513-$227,853
Fees for Services Accounting$113,242$14,279$6,281$133,802
Current Officers, Directors, Trustees, and Key Employees$112,121$14,138-$126,259
Pension Plan Contributions$98,740$12,451-$111,191
Office Expenses$84,066$10,600-$94,666
Depreciation Depletion$79,345$10,004-$89,349
Information Technology$41,038$5,175-$46,213
Other Expenses$27,902$3,518-$31,420
Insurance$26,172$3,300-$29,472
All Other Expenses$21,792$2,748$221$24,761
Fees for Services Legal$18,929$2,387$1,050$22,366
Interest-$4,155-$4,155
Total Functional Expenses$7,583,598$834,364$18,920$8,436,882

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,445,207
Expenses per Audited Statements$8,436,882
Total Expenses per Form 990$8,436,882
Expenses Not Reported on Form 990$8,325
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,239
Fundraising Gross Income$13,191
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$42,008$13,191$16,239$-3,048
Total Events$42,008$13,191$16,239$-3,048
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Grant Advance$75,801
Capital Lease Payable$60,102
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The return is prepared by the outside accountants and reviewed by senior management. The finance committee reviews the draft 990 and reports to the board. A copy of form 990 is provided to each board member before it is filed.

Form 990, Page 6, Part VI, Line 12C

The finance committee is responsible for making all decisions concerning resolutions of conflicts involving directors, the president & ceo, and other members of senior management. The directors are responsible for making all decisions of conflicts involving employees below the senior management level, subject to the approval of the finance committee. An employee or board member may appeal the decision that a conflict (or appearance of conflict) exist as follows: -an appeal must be directed to the chair of the board of directors -appeals must be made within 30 days of the initial determination -resolution of the appeal is made by vote of the full board of directors -board members who are the subject of the appeal, or who have a conflict or interest with respect to the subject, of the appeal, abstain from participating in, discussing or voting on the resolution, unless their discussion is requested by the remaining members of the board.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board determines the salary for the head of school based on experience and comparison to industry standards and surveys.

Form 990, Page 6, Part VI, Line 19

Governing documents, the conflict of interest policy and the financial statements are available to the public by request

Filing and Contact Details

Filer

Filer Name
Dc Bilingual Public Charter School
EIN
20-0412800
Phone
2027506674
Address
33 RIGGS ROAD NE, WASHINGTON, DC 20011

Signing Officer

Name
Daniela Anello
Title
Head of School
Phone
2027506674
Signed
2018-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniela Anello
Formed
2003
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
103
Volunteers
150

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Robert F Prebola CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the charter school is to expand educational opportunities and choices by implementing a dual language program that will enable students to meet high academic expectations and develop critical thinking, problem solving skills and a joy of learning for children from pre- kindergarten to grade five.

Form 990, Part IX, Line 11G

Other professional fees 204,984 25,848 11,368 contracted instruction 726,922 0 0 total 931,906 25,848 11,368

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in the charter school's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The dc bilingual public charter school performed an evaluation of uncertain tax positions for the year ended june 30, 2017, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of june 30, 2017, the statute of limitations for tax years 2013 through 2015 remains open with the u.s. Federal jurisdiction or the district and various states and local jurisdictions in which the charter school files tax returns. It is the charter school's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of june 30, 2017, the charter school had no accruals for interest and/or penalties.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$48.6$35.6$13.0$19.1$18.5$0.63
2023Detailed filing. Detailed filing data is available for this year.$47.7$35.8$11.9$16.5$16.2$0.26
2022Detailed filing. Detailed filing data is available for this year.$40.9$30.6$10.4$13.2$13.2$0.04
2021Detailed filing. Detailed filing data is available for this year.$27.9$20.9$7.00$13.6$11.0$2.60
2020Detailed filing. Detailed filing data is available for this year.$22.0$15.7$6.30$12.3$11.0$1.22
2019Detailed filing. Detailed filing data is available for this year.$20.1$15.3$4.81$11.7$10.4$1.27
2018Detailed filing. Detailed filing data is available for this year.$8.74$5.20$3.54$10.8$8.62$2.22
2017Detailed filing. Detailed filing data is available for this year.$2.60$1.29$1.32$8.88$8.44$0.44
2016Detailed filing. Detailed filing data is available for this year.$1.80$0.92$0.88$9.21$8.31$0.89
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.55$0.02$8.18$8.50$0.31
2014Summary only. Only limited summary data is available for this year.$0.99$0.35$0.64$8.13$7.95$0.18
2013Summary only. Only limited summary data is available for this year.$0.87$0.41$0.46$7.24$7.32$0.08
2012Summary only. Only limited summary data is available for this year.$0.81$0.28$0.54$6.96$7.62$0.67
2011Summary only. Only limited summary data is available for this year.$1.29$0.24$1.05$6.71$7.17$0.47