Civic Intelligence

Marion P Thomas Charter High School Education Association a Nj Nonprof

990 • Fiscal year 2015 • EIN 22-3531113

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 16, 2016

Organization Profilewww.mptcs.org
125 Sussex AvenueNewark, NJ 07103

(973) 621-0060

Siviq Scores

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

Liabilities / Assets

78th percentile

0.73x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

50th percentile

0.27x

Higher debt load relative to revenue than 50% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Net Margin

60th percentile

7.4%

Higher net margin than 60% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

57th percentile

$176,200

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Asset Growth

96th percentile

190%

Faster asset growth than 96% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

91st percentile

75%

Faster revenue growth than 91% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$8,511,869

Up $5,572,044 (+190%) from 2014

Net Assets

Up

$2,289,906

Up $420,872 (+23%) from 2014

Liabilities

Up

$6,221,963

Up $5,151,172 (+481%) from 2014

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin60th percentile

Revenue

Up

$23,464,517

Up $10,067,329 (+75%) from 2014

Expenses

Up

$21,717,891

Up $9,573,191 (+79%) from 2014

Net Income

Up

$1,746,626

Up $494,138 (+39%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2011: $1,344,602Liabilities 2011: $793,762Net Assets 2011: $550,8402011Assets 2012: $906,321Liabilities 2012: $642,991Net Assets 2012: $263,3302012Assets 2013: $1,934,221Liabilities 2013: $1,317,675Net Assets 2013: $616,5462013Assets 2014: $2,939,825Liabilities 2014: $1,070,791Net Assets 2014: $1,869,0342014Assets 2015: $8,511,869Liabilities 2015: $6,221,963Net Assets 2015: $2,289,9062015Assets 2016: $9,780,110Liabilities 2016: $7,963,988Net Assets 2016: $1,816,1222016Assets 2017: $10,646,371Liabilities 2017: $11,961,219Net Assets 2017: -$1,314,8482017Assets 2018: $10,066,273Liabilities 2018: $15,049,061Net Assets 2018: -$4,982,7882018Assets 2019: $13,404,400Liabilities 2019: $19,588,518Net Assets 2019: -$6,184,1182019Assets 2020: $13,996,954Liabilities 2020: $20,380,208Net Assets 2020: -$6,383,2542020Assets 2021: $17,560,259Liabilities 2021: $22,362,104Net Assets 2021: -$4,801,8452021Assets 2022: $31,516,321Liabilities 2022: $29,190,225Net Assets 2022: $2,326,0962022Assets 2023: $19,525,163Liabilities 2023: $1,006,663Net Assets 2023: $18,518,5002023

Highlighted filing

2015

Assets$8,511,869
Liabilities$6,221,963
Net Assets$2,289,906
Open 2015 Filing

Operations Trend

Revenue Growth91st percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $9,524,4572011Expenses 2012: $11,041,5902012Expenses 2013: $11,201,9682013Revenue 2014: $13,397,188Expenses 2014: $12,144,700Net Income 2014: $1,252,4882014Revenue 2015: $23,464,517Expenses 2015: $21,717,891Net Income 2015: $1,746,6262015Revenue 2016: $26,017,384Expenses 2016: $26,491,168Net Income 2016: -$473,7842016Revenue 2017: $28,188,625Expenses 2017: $31,319,595Net Income 2017: -$3,130,9702017Revenue 2018: $31,201,177Expenses 2018: $34,869,117Net Income 2018: -$3,667,9402018Revenue 2019: $35,388,479Expenses 2019: $36,589,809Net Income 2019: -$1,201,3302019Revenue 2020: $35,303,797Expenses 2020: $35,502,933Net Income 2020: -$199,1362020Revenue 2021: $37,041,604Expenses 2021: $35,485,200Net Income 2021: $1,556,4042021Revenue 2022: $43,062,116Expenses 2022: $35,250,593Net Income 2022: $7,811,5232022Revenue 2023: $41,357,127Expenses 2023: $37,456,344Net Income 2023: $3,900,7832023

Highlighted filing

2015

Revenue$23,464,517
Expenses$21,717,891
Net Income$1,746,626
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$23,464,517
Mission and Program Overview

Mission

The charter schools mission is to prepare newarks next generation of children to be intelectually, emotionally, socially and financially responsible citizens.

Marion P. Thomas Charter School, Inc. (the "Charter School") serves as a neighborhood resource as a model for other similar schools. It provides education to students from Pre-K through 8th Grade in a newly expanded school campus with smaller class sizes, extended learning program, after school in all levels for the gifted and talented, integration of technology in every subject, and breakfast/lunch programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,562,853$5,710,992▲ $4,148,139
Accounts Receivable$1,168,651$1,083,805▼ $84,846
Land, Buildings, and Equipment, Net$141,352$356,825▲ $215,473
Prepaid Expenses and Deferred Charges-$147,487-
Savings and Temporary Cash Investments$41,969--
Total Assets$2,939,825$8,511,869▲ $5,572,044
Other Assets Total$25,000$1,212,760▲ $1,187,760
Liabilities
Other Liabilities$645,930$5,872,411▲ $5,226,481
Accounts Payable and Accrued Expenses$344,972$292,391▼ $52,581
Deferred Revenue$79,889$57,161▼ $22,728
Total Liabilities$1,070,791$6,221,963▲ $5,151,172
Net Assets / Fund Balance
Unrestricted Net Assets$1,869,034$2,289,906▲ $420,872
Total Net Assets Fund Balance$1,869,034$2,289,906▲ $420,872
Total Liabilities and Net Assets / Fund Balance$2,939,825$8,511,869▲ $5,572,044

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$270,522$499,254$769,776
Leasehold Improvements$86,303$521,259$607,562
Other Assets Org$1,140,960--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Karen ThomasSuperindentent/Asst.Sec.FT$162,065$14,135$176,200
Femi AmorinSch.Bus.Adm/Board Sec.FT$90,325$11,743$102,068

Board Members and Trustees

NameTitle
Rev Ronald SlaugherChair effective 2/23/15
Linda ForeVice-Chair until 6/30/14
Gregg CollinsInterim Director (7/1/14-1/31/15)
Joi Taylor-DeanInterim Director (7/1/14-1/31/15)
Kema RobertsInterim Director (7/1/14-1/31/15)
Reginald PettyInterim Director (7/1/14-1/31/15)
Amelita McDowell Chair until6/30/14 Reappointed Member 2/23/15
David Blount Member until6/30/14 Reappointed Member 2/23/15
Gregory CollinsMember
Kema RobertsMember
Lesley LeslieMember
Vincent RouseMember
Donna BestMember effective 2/23/15
Joi Taylor-DeanMember effective 2/23/15
Khaatim Sherrer ElMember effective 2/23/15
Reginald PettyMember effective 2/23/15
Brian HankersonMember until 6/30/14
Mary CatoMember until 6/30/14
Revenue and Support

Revenue Composition

Contributions and Grants
$3,606,686
Program Service Revenue
$19,857,831
Investment Income
$0
Other Revenue
$0
All Other Contributions
$45,019
Change in Net Assets
$1,746,626

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,464,517
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$26,673
Total Revenue per Audited Statements
$23,491,190
Total Revenue per Form 990
$23,464,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,814,375
Other Expenses$6,903,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,860,073$1,159,777-$10,019,850
Occupancy$2,892,046--$2,892,046
Other Employee Benefits$1,484,743$409,073-$1,893,816
Payroll Taxes$1,334,037$242,371-$1,576,408
Fees for Services Other$1,049,346$454,106-$1,503,452
Office Expenses$945,872$216,737-$1,162,609
Pension Plan Contributions$886,990$142,812-$1,029,802
Current Officers, Directors, Trustees, and Key Employees-$294,499-$294,499
Depreciation Depletion$95,819--$95,819
Insurance$61,390--$61,390
Other Expenses$44,009$51,878-$44,009
All Other Expenses-$1,500-$1,500
Total Functional Expenses$18,745,138$2,972,753$0$21,717,891

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$21,744,564
Expenses per Audited Statements$21,717,891
Total Expenses per Form 990$21,717,891
Expenses Not Reported on Form 990$26,673
Expenses Not Reported on Financial Statements$0
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
Net pension liabilities$5,093,327
Deferred inflow of resources$290,221
Compensated absences$283,401
Intergovernmental payables$205,462
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

“The draft Form 990 is initially reviewed by the CEO and School Business Administrator. Once reviewed and comments addressed, a copy via e-mail is provided to the Chair of the Finance Committee and Board members for review and approval for filing.”

Form 990, Part VI, Section B, line 12C

“The board members and key employes are required to complete an annual disclosure form indicating any conflict of interest or arrangements that could give rise to a conflict. Completed questionnaires are reviewed by the board. Any member that has a conflict of interest is not allowed to vote on any matter that is related to the conflict.”

Form 990, Part VI, Section B, line 15

“Compensation of mptcs ceo and key employees (principal, sba) are based on qualifications, salary information of the same position in the school or similar entities in the area. The board reviews and approves compensation information for key and all other employees of the charter school.”

Form 990, Part VI, Section C, line 19

“The Charter School makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request to the School Business Office located at 370 South 7th Street, Newark, NJ 07103 or by calling (973)621-0060. The Charter School's Form 990 is available for public inspection at www.guidestar.org or at the School Business Office upon request.”

Filing and Contact Details

Filer

Filer Name
Marion P Thomas Charter Schoolinc
EIN
22-3531113
Phone
9736210060
Address
125 Sussex Avenue, NEWARK, NJ 07103

Signing Officer

Name
Dr Karen Young Thomas
Title
Chief Execofficer/superintendent
Phone
9736210060
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Karen Young Thomas
Formed
1997
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
443
Volunteers
18

Preparer

Firm
Galleros Koh Llp
Address
71 W MAIN STREET SUITE 302, FREEHOLD, NJ 07728
Preparer
Leonora Galleroscpa
Phone
7324622020
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Net assets of Visions Academy Charter School combined at 7/1/2014 2,730,866.”

Form 990, XII Line 2C

“The process of selecting independent auditor has not changed from prior year.”

Financial Statement Notes

Part X, Line 2:

“The Charter School's policy provides for liabilities for uncertain tax position when a liability is most likely and estimable. Management is not aware of any violation of its tax status as an exempt organization from income taxes nor of any exposure to unrelated business income tax. The Charter School is no longer subject to audits by the applicable taxing jurisdictions for periods prior to June 30, 2011.”

Part XI, Line 2D - Other Adjustments:

“Food commodities 26,673.”

Part XII, Line 2D - Other Adjustments:

“Food commodities 26,673.”

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IRS990/Desc0In 2014-2015, the Charter School had the following major initiatives in order for our village to continue to achieve high levels of excellence:A. The Charter School scheduled activities for all stakeholders in their PARCC readiness plan. A movie night was held for parents to provide background information and a better understanding of what the test entailed and how they could be partners for success. Mock tests were conducted to ensure that the proper technology was in place. Teachers were required to take their grade level test to gain a better understanding of the test. A pilot group of students attended a Saturday Academy program to prepare for the test.B. Instructional professional development was focused on data and intervention program implementation training. A new portfolio of intervention and progress monitoring programs were adopted. C. A new science program was adopted. LabAids for grades 6-12 and Foss for grades K-5.D. The Sussex Ave. campus project was completed by the Friends to be leased to MPTCS. It is a 73,000 sq. ft. facility to serve as the high school campus scheduled to open in September 2015.E. The Board began to review the travel policies relative to e-commerce restraints for doing business with travel entities such as airlines and pre-payment services requiring credit card payments F. The Board began the review of real estate management services with service providers. G. The Board received a grant to review and revise by-laws and interaction with community and related partners. H. The Board sought counsel in the development of a capital fund as recommended in the audit for real estate projects.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Amelita McDowell Chair until
IRS990/Form990PartVIISectionAGrp/PersonNm1Linda Fore
IRS990/Form990PartVIISectionAGrp/PersonNm2Gregory Collins
IRS990/Form990PartVIISectionAGrp/PersonNm3David Blount Member until
IRS990/Form990PartVIISectionAGrp/PersonNm4Brian Hankerson
IRS990/Form990PartVIISectionAGrp/PersonNm5Kema Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm6Vincent Rouse
IRS990/Form990PartVIISectionAGrp/PersonNm7Lesley Leslie
IRS990/Form990PartVIISectionAGrp/PersonNm8Mary Cato
IRS990/Form990PartVIISectionAGrp/PersonNm9Donna Best
IRS990/Form990PartVIISectionAGrp/PersonNm10Khaatim Sherrer El
IRS990/Form990PartVIISectionAGrp/PersonNm11Joi Taylor-Dean
IRS990/Form990PartVIISectionAGrp/PersonNm12Reginald Petty
IRS990/Form990PartVIISectionAGrp/PersonNm13Rev Ronald Slaugher
IRS990/Form990PartVIISectionAGrp/PersonNm14Gregg Collins
IRS990/Form990PartVIISectionAGrp/PersonNm15Kema Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm16Joi Taylor-Dean
IRS990/Form990PartVIISectionAGrp/PersonNm17Reginald Petty
IRS990/Form990PartVIISectionAGrp/PersonNm18Femi Amorin
IRS990/Form990PartVIISectionAGrp/PersonNm19Dr Karen Thomas
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1890325
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19162065
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt06/30/14 Reappointed Member 2/23/15
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-Chair until 6/30/14
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt36/30/14 Reappointed Member 2/23/15
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member until 6/30/14
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Member until 6/30/14
IRS990/Form990PartVIISectionAGrp/TitleTxt9Member effective 2/23/15
IRS990/Form990PartVIISectionAGrp/TitleTxt10Member effective 2/23/15
IRS990/Form990PartVIISectionAGrp/TitleTxt11Member effective 2/23/15
IRS990/Form990PartVIISectionAGrp/TitleTxt12Member effective 2/23/15
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chair effective 2/23/15
IRS990/Form990PartVIISectionAGrp/TitleTxt14Interim Director (7/1/14-1/31/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt15Interim Director (7/1/14-1/31/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt16Interim Director (7/1/14-1/31/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt17Interim Director (7/1/14-1/31/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt18Sch.Bus.Adm/Board Sec.
IRS990/Form990PartVIISectionAGrp/TitleTxt19Superindentent/Asst.Sec.
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt03561667
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt023464517
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt061390
IRS990/InsuranceGrp/TotalAmt061390
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt045
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01020513
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0141352
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0356825
IRS990/LandBldgEquipCostOrOtherBssAmt01377338
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Charter School's mission is to prepare Newark's next generation of children to be intellectually, emotionally, socially and financially responsible citizens.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01869034
IRS990/NetAssetsOrFundBalancesEOYAmt02289906
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02892046
IRS990/OccupancyGrp/TotalAmt02892046
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0216737
IRS990/OfficeExpensesGrp/ProgramServicesAmt0945872
IRS990/OfficeExpensesGrp/TotalAmt01162609
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025000
IRS990/OtherAssetsTotalGrp/EOYAmt01212760
IRS990/OtherChangesInNetAssetsAmt02730866
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0409073
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01484743
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01893816
IRS990/OtherExpensesGrp/Desc0Food Services
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Field trips
IRS990/OtherExpensesGrp/Desc3After Care
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt051878
IRS990/OtherExpensesGrp/ProgramServicesAmt0827471
IRS990/OtherExpensesGrp/ProgramServicesAmt1162491
IRS990/OtherExpensesGrp/ProgramServicesAmt2100851
IRS990/OtherExpensesGrp/ProgramServicesAmt344009
IRS990/OtherExpensesGrp/TotalAmt0827471
IRS990/OtherExpensesGrp/TotalAmt1214369
IRS990/OtherExpensesGrp/TotalAmt2100851
IRS990/OtherExpensesGrp/TotalAmt344009
IRS990/OtherLiabilitiesGrp/BOYAmt0645930
IRS990/OtherLiabilitiesGrp/EOYAmt05872411
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01159777
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08860073
IRS990/OtherSalariesAndWagesGrp/TotalAmt010019850
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0242371
IRS990/PayrollTaxesGrp/ProgramServicesAmt01334037
IRS990/PayrollTaxesGrp/TotalAmt01576408
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0142812
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0886990
IRS990/PensionPlanContributionsGrp/TotalAmt01029802
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0147487
IRS990/PrincipalOfficerNm0DR KAREN YOUNG THOMAS
IRS990/PriorPeriodAdjustmentsAmt0-4056620
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0PER CAPITAL AID
IRS990/ProgramServiceRevenueGrp/Desc1AFTER CARE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019757042
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt194506
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019757042
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt194506
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26283
IRS990/ProgSrvcAccomActy2Grp/Desc0The Charter School provided nutritionally balanced, low cost or free meals to children each school day through its Breakfast and Lunch Programs and after care programs. The Programs are federally and state assisted.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0871480
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0100789
IRS990/ProgSrvcAccomActy3Grp/Desc0The Charter School implemented the No Child Left Behind Program. This program was enacted by Congress to reauthorize the elementary and secondary education Act with major focus on providing all children with fair, equal and significant opportunity to have a high quality education though enrichment activities.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0574172
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02883988
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03820104
IRS990/PYOtherRevenueAmt05145
IRS990/PYProgramServiceRevenueAmt010508055
IRS990/PYRevenuesLessExpensesAmt01252488
IRS990/PYSalariesCompEmpBnftPaidAmt08324596
IRS990/PYTotalExpensesAmt012144700
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013397188
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01746626
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019757042
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041969
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019414599
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0270522
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0499254
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0769776
IRS990ScheduleD/ExpensesNotReportedAmt026673
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt021717891
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt086303
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0521259
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0607562
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt071800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11140960
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred outflow of resources
IRS990ScheduleD/OtherExpensesIncludedAmt026673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0205462
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1283401
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25093327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3290221
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Intergovernmental payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Compensated absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net pension liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred inflow of resources
IRS990ScheduleD/OtherRevenueAmt026673
IRS990ScheduleD/RevenueNotReportedAmt026673
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt023464517
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Charter School's policy provides for liabilities for uncertain tax position when a liability is most likely and estimable. Management is not aware of any violation of its tax status as an exempt organization from income taxes nor of any exposure to unrelated business income tax. The Charter School is no longer subject to audits by the applicable taxing jurisdictions for periods prior to June 30, 2011.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Food commodities 26,673.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Food commodities 26,673.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,511,869
Liabilities
$6,221,963
Net assets
$2,289,906
Revenue
$23,464,517
Expenses
$21,717,891
Net income
$1,746,626
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$19.5$1.01$18.5$41.4$37.5$3.90
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.5$29.2$2.33$43.1$35.3$7.81
2021Summary only. Only limited summary data is available for this year.$17.6$22.4$4.80$37.0$35.5$1.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$20.4$6.38$35.3$35.5$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$19.6$6.18$35.4$36.6$1.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$15.0$4.98$31.2$34.9$3.67
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$12.0$1.31$28.2$31.3$3.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.78$7.96$1.82$26.0$26.5$0.47
2015Detailed filing. Detailed filing data is available for this year.$8.51$6.22$2.29$23.5$21.7$1.75
2014Detailed filing. Detailed filing data is available for this year.$2.94$1.07$1.87$13.4$12.1$1.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$1.32$0.62$11.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.64$0.26$11.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.79$0.55$9.52
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $10M-$25M nonprofits