Civic Intelligence

DC Bilingual Public Charter School

990 • Fiscal year 2019 • EIN 20-0412800

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 12, 2020

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

85th percentile

0.76x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

1.31x

Higher debt load relative to revenue than 84% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

45th percentile

$162,000

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

98th percentile

130%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

62nd percentile

7.8%

Faster revenue growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$20,087,008

Up $11,344,543 (+130%) from 2018

Net Assets

Up

$4,806,444

Up $1,267,223 (+36%) from 2018

Liabilities

Up

$15,280,564

Up $10,077,320 (+194%) from 2018

Revenue

Up

$11,688,924

Up $850,684 (+7.8%) from 2018

Expenses

Up

$10,421,701

Up $1,805,936 (+21%) from 2018

Net Income

Down

$1,267,223

Down $955,252 (-43%) from 2018

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

2019

Assets$20,087,008
Liabilities$15,280,564
Net Assets$4,806,444

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

2019

Revenue$11,688,924
Expenses$10,421,701
Net Income$1,267,223
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 12, 2020
Return Version
2018v3.2
Gross Receipts
$11,710,819
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
Land, Buildings, and Equipment, Net$4,532,531$14,678,121▲ $10,145,590
Cash and Non-Interest-Bearing Accounts$2,988,030$4,639,132▲ $1,651,102
Savings and Temporary Cash Investments$248,779$251,419▲ $2,640
Accounts Receivable$373,495$217,558▼ $155,937
Pledges and Grants Receivable$469,481$175,423▼ $294,058
Prepaid Expenses and Deferred Charges$82,249$102,355▲ $20,106
Total Assets$8,742,465$20,087,008▲ $11,344,543
Other Assets Total$47,900$23,000▼ $24,900
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,193,464$13,804,372▲ $12,610,908
Accounts Payable and Accrued Expenses$3,882,824$1,128,289▼ $2,754,535
Other Liabilities$126,956$347,903▲ $220,947
Total Liabilities$5,203,244$15,280,564▲ $10,077,320
Net Assets / Fund Balance
Unrestricted Net Assets$3,211,896$4,613,522▲ $1,401,626
Temporarily Rstr Net Assets$327,325$192,922▼ $134,403
Total Net Assets Fund Balance$3,539,221$4,806,444▲ $1,267,223
Total Liabilities and Net Assets / Fund Balance$8,742,465$20,087,008▲ $11,344,543

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$14,540,118$402,789$14,942,907
Equipment$103,503$252,983$356,486
Other Land Buildings$34,500-$34,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BreyerContracted CFT$162,000-$162,000
John BreyerContracted CFO-$162,000-$162,000
Daniela AnelloHead of SchoFT$124,851$7,992$132,843
Alina ThouyaretPrincipalFT$102,720$14,641$117,361

Board Members and Trustees

NameTitle
Susan RosenbaumChair
Blanca GuillenVice Chair
Aaron Lemon-straussBoard Member
Abigail SuarezBoard Member
Dara ShawBoard Member
Denise GershowitzBoard Member
John JoaquinBoard Member
Lori Parris BrooksBoard Member
Matt KingBoard Member
Michelle RitchieBoard Member
Nadia RameyBoard Member
Richard LambertBoard Member
Shannon ReddBoard Member
Cydney Peyton WaltonSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Mcn Build LLCConstruction1214 28TH STREET NW, Washington, DC 20007$10,797,092
Hord Coplan Macht INCArchitecture1925 BALLENGER AVE STE 525, Alexandria, VA 22314$330,242
Young & WellOt Services932 HUNGERFORD DRIVE STE 18A, Rockville, MD 20850$214,353
CentroniaFood Service1420 COLUMBIA RD NW, Washington, DC 20009$185,568
Pmm Companies INCJanitorial15938 DERWOOD ROAD, Rockville, MD 20855$175,277
Revenue and Support

Revenue Composition

Contributions and Grants
$1,898,066
Program Service Revenue
$9,778,814
Investment Income
$4,245
Other Revenue
$7,799
All Other Contributions
$459,981
Change in Net Assets
$1,267,223

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,688,924
Total Revenue per Audited Statements
$11,688,924
Total Revenue per Form 990
$11,688,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,237,259
Other Expenses$4,136,442
Total Fundraising Expense$212,712
Professional Fundraising Fees$48,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,894,650$255,646$111,770$5,262,066
Fees for Services Other$740,038$245,292$8,769$994,099
Occupancy$770,498$46,491$17,074$834,063
Interest$514,270$25,458-$539,728
Depreciation Depletion$440,110$21,787$4,300$466,197
Payroll Taxes$394,910$20,626$9,018$424,554
Other Employee Benefits$239,320$12,499$5,465$257,284
Current Officers, Directors, Trustees, and Key Employees$144,656$7,556$3,303$155,515
Fees for Services Accounting-$154,780-$154,780
Pension Plan Contributions$128,216$6,697$2,927$137,840
All Other Expenses$77,056$3,815$873$81,744
Other Expenses$64,100$3,173$726$67,999
Insurance$48,290$2,391-$50,681
Fees for Services Professional Fundraising--$48,000$48,000
Information Technology$32,803$1,623$121$34,547
Office Expenses$32,316$1,599$366$34,281
Fees for Services Legal$9,208$210-$9,418
Advertising$4,386--$4,386
Total Functional Expenses$9,350,644$858,345$212,712$10,421,701

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,421,701
Total Expenses per Audited Statements$10,421,701
Total Expenses per Form 990$10,421,701
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$48,000
Fundraising Gross Income$24,240
Fundraising Direct Expenses$21,895

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$93,349$24,240$21,895$2,345
Total Events$93,349$24,240$21,895$2,345
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Abatement$323,535
Refundable Grant Advance$24,368
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) exists 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
2020-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniela Anello
Formed
2003
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
132
Volunteers
137

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, Page 2, Part III, Line 4A

Founded in 2004, dc bilingual offers an innovative dual immersion spanish and english learning program for all students, regardless of their home language. Through the charter school's rigorous academic curriculum, comprehensive arts, technology, and athletics programs and celebration of diverse cultures, dc bilingual's students learn the skills and values needed to become influential participants in their community. Dcb's philosophy and teaching model reflect the school's belief that students develop to their full academic potential when they have access to ambitious instruction and a full range of services, differentiated for each student's individualized needs. Our co-teaching model allows instructors to balance direct with small group and 1:1 instruction. Our teachers deliver a unique, dual language immersion model - a form of language instruction that brings together students from all backgrounds to experience learning in both languages, spanish and english. Throughout the school day, students gain skills, knowledge, and an understanding of academic concepts through communicating in both english and spanish. Dcb complements the school's core curriculum with a vibrant performing and visual arts program, a healthy lifestyles program, access to transformation opportunities, and deep community engagement. As a result of our programs and practices, dc bilingual students have made great academic strides. In 2017, the third year of the rigorous, common core-aligned parcc exam, 73% of our students scored at a level 3 and above on the english language arts test, compared with 53% city-wide. Further, 96% of our 5th graders (or 100% of our 5th graders who have been with dcb for over two years) scored at a level 3 and above on the english language arts test and, 85% scored at a level 4 and above, surpassing the city-wide average by 36 percentage points. Since 2015, the dc public charter school board has ranked dcb as a tier 1 school, and this past year among the top 10 highest-performing elementary charter schools in the city.

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, 2019 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, 2019, the statute of limitations for tax years 2015 through 2017 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, 2019, the charter school had no accruals for interest and/or penalties.

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IRS990/Desc0FOUNDED IN 2004, DC BILINGUAL OFFERS AN INNOVATIVE DUAL IMMERSION SPANISH AND ENGLISH LEARNING PROGRAM FOR ALL STUDENTS, REGARDLESS OF THEIR HOME LANGUAGE. THROUGH THE CHARTER SCHOOL'S RIGOROUS ACADEMIC CURRICULUM, COMPREHENSIVE ARTS, TECHNOLOGY, AND ATHLETICS PROGRAMS AND CELEBRATION OF DIVERSE CULTURES, DC BILINGUAL'S STUDENTS LEARN THE SKILLS AND VALUES NEEDED TO BECOME INFLUENTIAL PARTICIPANTS IN THEIR COMMUNITY. DCB'S PHILOSOPHY AND TEACHING MODEL REFLECT THE SCHOOL'S BELIEF THAT STUDENTS DEVELOP TO THEIR FULL ACADEMIC POTENTIAL WHEN THEY HAVE ACCESS TO AMBITIOUS INSTRUCTION AND A FULL RANGE OF SERVICES, DIFFERENTIATED FOR EACH STUDENT'S INDIVIDUALIZED NEEDS. OUR CO-TEACHING MODEL ALLOWS INSTRUCTORS TO BALANCE DIRECT WITH SMALL GROUP AND 1:1 INSTRUCTION. OUR TEACHERS DELIVER A UNIQUE, DUAL LANGUAGE IMMERSION MODEL - A FORM OF LANGUAGE INSTRUCTION THAT BRINGS TOGETHER STUDENTS FROM ALL BACKGROUNDS TO EXPERIENCE LEARNING IN BOTH LANGUAGES, SPANISH AND ENGLISH. THROUGHOUT THE SCHOOL DAY, STUDENTS GAIN SKILLS, KNOWLEDGE, AND AN UNDERSTANDING OF ACADEMIC CONCEPTS THROUGH COMMUNICATING IN BOTH ENGLISH AND SPANISH. DCB COMPLEMENTS THE SCHOOL'S CORE CURRICULUM WITH A VIBRANT PERFORMING AND VISUAL ARTS PROGRAM, A HEALTHY LIFESTYLES PROGRAM, ACCESS TO TRANSFORMATION OPPORTUNITIES, AND DEEP COMMUNITY ENGAGEMENT. AS A RESULT OF OUR PROGRAMS AND PRACTICES, DC BILINGUAL STUDENTS HAVE MADE GREAT ACADEMIC STRIDES. IN 2017, THE THIRD YEAR OF THE RIGOROUS, COMMON CORE-ALIGNED PARCC EXAM, 73% OF OUR STUDENTS SCORED AT A LEVEL 3 AND ABOVE ON THE ENGLISH LANGUAGE ARTS TEST, COMPARED WITH 53% CITY-WIDE. FURTHER, 96% OF OUR 5TH GRADERS (OR 100% OF OUR 5TH GRADERS WHO HAVE BEEN WITH DCB FOR OVER TWO YEARS) SCORED AT A LEVEL 3 AND ABOVE ON THE ENGLISH LANGUAGE ARTS TEST AND, 85% SCORED AT A LEVEL 4 AND ABOVE, SURPASSING THE CITY-WIDE AVERAGE BY 36 PERCENTAGE POINTS. SINCE 2015, THE DC PUBLIC CHARTER SCHOOL BOARD HAS RANKED DCB AS A TIER 1 SCHOOL, AND THIS PAST YEAR AMONG THE TOP 10 HIGHEST-PERFORMING ELEMENTARY CHARTER SCHOOLS IN THE CITY.
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IRS990/PYInvestmentIncomeAmt0-13350
IRS990/PYOtherExpensesAmt02714219
IRS990/PYOtherRevenueAmt02716

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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