Civic Intelligence

Briya Public Charter School

990 • Fiscal year 2016 • EIN 20-4497716

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 13, 2017

2333 Ontario Road NWWashington, DC 20009

(202) 232-7777

Siviq Scores

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

Liabilities / Assets

75th percentile

0.59x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

2.55x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

85th percentile

26%

Higher net margin than 85% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

13th percentile

$112,004

Higher top officer pay than 13% of similar nonprofits.

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

98th percentile

150%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

7.8%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$33,918,065

Up $20,344,298 (+150%) from 2015

Net Assets

Up

$13,925,543

Up $2,488,625 (+22%) from 2015

Liabilities

Up

$19,992,522

Up $17,855,673 (+836%) from 2015

Revenue

Up

$7,830,249

Up $565,770 (+7.8%) from 2015

Expenses

Up

$5,800,624

Up $754,114 (+15%) from 2015

Net Income

Down

$2,029,625

Down $188,344 (-8.5%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $5,678,107Liabilities 2011: $267,574Net Assets 2011: $5,410,5332011Assets 2012: $8,616,561Liabilities 2012: $1,960,515Net Assets 2012: $6,656,0462012Assets 2013: $10,110,342Liabilities 2013: $2,129,758Net Assets 2013: $7,980,5842013Assets 2014: $11,512,339Liabilities 2014: $2,293,390Net Assets 2014: $9,218,9492014Assets 2015: $13,573,767Liabilities 2015: $2,136,849Net Assets 2015: $11,436,9182015Assets 2016: $33,918,065Liabilities 2016: $19,992,522Net Assets 2016: $13,925,5432016Assets 2017: $17,074,771Liabilities 2017: $2,424,826Net Assets 2017: $14,649,9452017Assets 2018: $18,020,876Liabilities 2018: $2,605,925Net Assets 2018: $15,414,9512018Assets 2019: $18,145,232Liabilities 2019: $2,737,226Net Assets 2019: $15,408,0062019Assets 2020: $20,120,534Liabilities 2020: $2,873,645Net Assets 2020: $17,246,8892020Assets 2021: $22,619,823Liabilities 2021: $2,959,853Net Assets 2021: $19,659,9702021Assets 2022: $25,664,437Liabilities 2022: $4,031,844Net Assets 2022: $21,632,5932022Assets 2023: $43,563,329Liabilities 2023: $19,632,365Net Assets 2023: $23,930,9642023Assets 2025: $31,307,141Liabilities 2025: $3,781,901Net Assets 2025: $27,525,2402025

Highlighted filing

2016

Assets$33,918,065
Liabilities$19,992,522
Net Assets$13,925,543

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,283,809Expenses 2011: $2,092,651Net Income 2011: $1,191,1582011Expenses 2012: $3,036,6402012Revenue 2013: $5,258,648Expenses 2013: $3,934,110Net Income 2013: $1,324,5382013Revenue 2014: $5,700,247Expenses 2014: $4,461,882Net Income 2014: $1,238,3652014Revenue 2015: $7,264,479Expenses 2015: $5,046,510Net Income 2015: $2,217,9692015Revenue 2016: $7,830,249Expenses 2016: $5,800,624Net Income 2016: $2,029,6252016Revenue 2017: $9,205,838Expenses 2017: $8,020,542Net Income 2017: $1,185,2962017Revenue 2018: $11,053,038Expenses 2018: $10,288,032Net Income 2018: $765,0062018Revenue 2019: $11,319,176Expenses 2019: $11,436,800Net Income 2019: -$117,6242019Revenue 2020: $12,491,134Expenses 2020: $10,601,299Net Income 2020: $1,889,8352020Revenue 2021: $13,799,215Expenses 2021: $12,142,530Net Income 2021: $1,656,6852021Revenue 2022: $15,256,943Expenses 2022: $12,101,410Net Income 2022: $3,155,5332022Revenue 2023: $15,851,478Expenses 2023: $13,745,284Net Income 2023: $2,106,1942023Revenue 2025: $18,201,301Expenses 2025: $16,991,401Net Income 2025: $1,209,9002025

Highlighted filing

2016

Revenue$7,830,249
Expenses$5,800,624
Net Income$2,029,625
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 13, 2017
Return Version
2015v3.0
Gross Receipts
$7,830,249
Mission and Program Overview

Mission

Briya pcs is a public charter school and is operating under a contract with the dc government through the dc public charter school board, providing high quality education for adults and children that empowers families through a culturally sensitive family literacy model.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$424,180$23,940,028▲ $23,515,848
Savings and Temporary Cash Investments$10,523,387$5,469,795▼ $5,053,592
Cash and Non-Interest-Bearing Accounts$254,823$1,508,908▲ $1,254,085
Prepaid Expenses and Deferred Charges$67,235$190,132▲ $122,897
Pledges and Grants Receivable$293,968$174,924▼ $119,044
Total Assets$13,573,767$33,918,065▲ $20,344,298
Other Assets Total$2,010,174$2,634,278▲ $624,104
Liabilities
Accounts Payable and Accrued Expenses$519,398$10,587,918▲ $10,068,520
Mortgage Notes Payable Secured by Investment Property-$7,807,293-
Other Liabilities$1,617,451$1,597,311▼ $20,140
Total Liabilities$2,136,849$19,992,522▲ $17,855,673
Net Assets / Fund Balance
Unrestricted Net Assets$11,434,918$13,923,543▲ $2,488,625
Temporarily Rstr Net Assets$2,000$2,000→ $0
Total Net Assets Fund Balance$11,436,918$13,925,543▲ $2,488,625
Total Liabilities and Net Assets / Fund Balance$13,573,767$33,918,065▲ $20,344,298

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$23,451,743-$23,451,743
Equipment$442,100$431,553$873,653
Leasehold Improvements$46,185$238,828$285,013
Other Assets Org$447,277--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine R MckayExecutive DiPT$104,238$7,766$112,004
Bill BletzingerDirector FinanceFT$98,956$7,372$106,328

Board Members and Trustees

NameTitle
Joel GoeringBoard Chair
Yizel Romero OctavianoBoard Secret
Emmanuel CaudilloBoard Treasu
Lily BradleyBoard Treasu
Julia ToroBoard Vice C
Charlotte BaerTrustee
Deborah SpitzTrustee
Doris GarayTrustee
Elizabeth BowmanTrustee
Nishit ShethTrustee
Todd ShearsTrustee
Whytni KernodleTrustee
Yapsis PalaciosTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$1,395,962
Program Service Revenue
$6,341,808
Investment Income
$55,520
Other Revenue
$36,959
All Other Contributions
$43,066
Change in Net Assets
$2,029,625

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,830,249
Revenue Not Reported on Form 990
$93,862
Total Revenue per Audited Statements
$7,924,111
Total Revenue per Form 990
$7,830,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,244,012
Other Expenses$1,556,612
Total Fundraising Expense$27,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,134,096$375,454$11,508$3,521,058
Payroll Taxes$238,048$36,010$1,760$275,818
Current Officers, Directors, Trustees, and Key Employees$100,345$116,299$10,738$227,382
Other Employee Benefits$189,660$28,691$1,403$219,754
Occupancy$187,319$27,936$1,416$216,671
Fees for Services Other$187,465$12,564$74$200,103
Information Technology$151,070$22,362-$173,432
Fees for Services Management$87,106$86,059-$173,165
Depreciation Depletion$122,805$20,519$12$143,336
Fees for Services Accounting$76,011$42,901-$118,912
Interest$80,873--$80,873
Office Expenses$67,418$9,995$109$77,522
Fees for Services Legal$15,715$9,485-$25,200
Insurance$17,148$2,539-$19,687
Other Expenses$11,705$1,733-$13,438
All Other Expenses$2,709$401-$3,110
Total Functional Expenses$4,963,542$810,062$27,020$5,800,624

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,894,486
Expenses per Audited Statements$5,800,624
Total Expenses per Form 990$5,800,624
Expenses Not Reported on Form 990$93,862
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Leases$1,596,552
Deposits Held for Others$759
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The executive director and director of finance and admin review the form 990 and then a copy is forwarded to all board members for review and approval before filing.

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

Annually the conflict of interest policy is reviewed with all board members and key employees. Any conflict of interest issues that arise are required to be documented and addressed on an ongoing basis.

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

The executive director's compensation is reviewed annually by the board of directors at a regular meeting. A performance review is conducted and a comparison of salary considered in relation to other similar organizations.

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

All key employee salary amounts are reviewed by the executive director annually and approved by the board of directors as part of the annual budget approval and review. The executive director's salary amount is annually reviewed, adjusted, and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request for inspection at the school and a copy may be obtained at the school.

Filing and Contact Details

Filer

Filer Name
Briya Public Charter School
EIN
20-4497716
Phone
2022327777
Address
2333 ONTARIO ROAD NW, WASHINGTON, DC 20009

Signing Officer

Name
Bill Bletzinger
Title
Director Finance & Admin
Phone
2022327777
Signed
2017-01-13

Organization Details

Principal Officer
Bill Bletzinger
Formed
2005
Legal Domicile
Dc
Voting Board Members
11
Independent Board Members
11
Employees
43
Volunteers
11

Preparer

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

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Briya pcs is a public charter school and is operating under a contract with the dc government through the dc public charter school board, providing high quality education for adults and children that empowers families through a culturally sensitive family literacy model.

Form 990, Part XI, Line 9

Briya public charter school and bridges public charter school formed mamie d. Lee, llc (the llc), which was established to lease a school building from the dc government. This school building was renovated by the llc in order to be subleased to briya and bridges public charter schools for the subsequent 2016-2017 school year. These two schools, who are both 501(c)(3) organizations, are the only members of the llc. All transactions of the llc are consolidated with the transactions of briya public charter school based on controlling interests of the llc. On march 28, 2016, bridges public charter school made an initial capital contribution of 459,000 to mamie d. Lee, llc, which was their contributed capital balance as of june 30, 2016.

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 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 school performed an evaluation of uncertain tax positions for the year ended june 30, 2016, 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, 2016, the statute of limitations for tax years 2012 through 2014 remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the organization files tax returns. It is the school's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of june 30, 2016, the school had no accruals for interest and/or penalties.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE C
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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TREASU
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD SECRET
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IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIR. FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DI
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IRS990/MissionDesc0BRIYA PCS IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT THROUGH THE DC PUBLIC CHARTER SCHOOL BOARD, PROVIDING HIGH QUALITY EDUCATION FOR ADULTS AND CHILDREN THAT EMPOWERS FAMILIES THROUGH A CULTURALLY SENSITIVE FAMILY LITERACY MODEL.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01403
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IRS990/OtherExpensesGrp/Desc0DIRECT STUDENT COST
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT COSTS
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3BUSINESS FEES AND DUES
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IRS990/OtherRevenueMiscGrp/Desc0CAPITALIZED LOAN COSTS
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036010
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IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL FUNDING ALLOCATION
IRS990/ProgramServiceRevenueGrp/Desc1PER PUPIL FACILITIES ALLOWANC
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3EDUCATION PROGRAM FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11552628
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214721
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32852
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214721
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt093862
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0442100
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0431553
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0873653
IRS990ScheduleD/ExpensesNotReportedAmt093862
IRS990ScheduleD/ExpensesSubtotalAmt05800624
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt046185
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CAPITAL LEASEHOLD - GEORGIA AVENUE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2LOAN COSTS
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023451743
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01596552
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS HELD FOR OTHERS
IRS990ScheduleD/RevenueNotReportedAmt093862
IRS990ScheduleD/RevenueSubtotalAmt07830249
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE 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 SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2016, 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, 2016, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2012 THROUGH 2014 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. IT IS THE SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2016, THE SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.3$3.78$27.5$18.2$17.0$1.21
2023Summary only. Only limited summary data is available for this year.$43.6$19.6$23.9$15.9$13.7$2.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$4.03$21.6$15.3$12.1$3.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$2.96$19.7$13.8$12.1$1.66
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.1$2.87$17.2$12.5$10.6$1.89
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$2.74$15.4$11.3$11.4$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.0$2.61$15.4$11.1$10.3$0.77
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.1$2.42$14.6$9.21$8.02$1.19
2016Detailed filing. Detailed filing data is available for this year.$33.9$20.0$13.9$7.83$5.80$2.03
2015Summary only. Only limited summary data is available for this year.$13.6$2.14$11.4$7.26$5.05$2.22
2014Detailed filing. Detailed filing data is available for this year.$11.5$2.29$9.22$5.70$4.46$1.24
2013Summary only. Only limited summary data is available for this year.$10.1$2.13$7.98$5.26$3.93$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.62$1.96$6.66$3.04
2011Summary only. Only limited summary data is available for this year.$5.68$0.27$5.41$3.28$2.09$1.19