Civic Intelligence

Lincoln Charter School Inc

990 • Fiscal year 2021 • EIN 23-3043254

Jul 01, 2020 to Jun 30, 2021 • Filed on May 04, 2022

559 West King StreetYork, PA 17401

(717) 699-1573

Siviq Scores

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

Liabilities / Assets

98th percentile

1.55x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

1.54x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

20th percentile

-0.4%

Higher net margin than 20% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

31st percentile

$122,566

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

61st percentile

15%

Faster asset growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

3.4%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$10,978,361

Up $1,402,625 (+15%) from 2020

Net Assets

Down

-$6,026,328

Down $43,891 (-0.7%) from 2020

Liabilities

Up

$17,004,689

Up $1,446,516 (+9.3%) from 2020

Revenue

Up

$11,023,528

Up $363,886 (+3.4%) from 2020

Expenses

Up

$11,067,419

Up $586,793 (+5.6%) from 2020

Net Income

Down

-$43,891

Down $222,907 (-125%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10M-$20MAssets 2011: $2,664,048Liabilities 2011: $1,509,981Net Assets 2011: $1,154,0672011Assets 2012: $3,205,135Liabilities 2012: $2,024,493Net Assets 2012: $1,180,6422012Assets 2013: $3,785,226Liabilities 2013: $3,315,272Net Assets 2013: $469,9542013Assets 2014: $3,010,854Liabilities 2014: $2,066,493Net Assets 2014: $944,3612014Assets 2015: $3,740,347Liabilities 2015: $14,870,180Net Assets 2015: -$11,129,8332015Assets 2016: $5,079,410Liabilities 2016: $14,670,977Net Assets 2016: -$9,591,5672016Assets 2019: $9,677,345Liabilities 2019: $16,129,984Net Assets 2019: -$6,452,6392019Assets 2020: $9,575,736Liabilities 2020: $15,558,173Net Assets 2020: -$5,982,4372020Assets 2021: $10,978,361Liabilities 2021: $17,004,689Net Assets 2021: -$6,026,3282021Assets 2022: $13,800,289Liabilities 2022: $17,473,564Net Assets 2022: -$3,673,2752022Assets 2023: $15,623,441Liabilities 2023: $15,258,636Net Assets 2023: $364,8052023Assets 2024: $16,910,039Liabilities 2024: $14,580,715Net Assets 2024: $2,329,3242024

Highlighted filing

2021

Assets$10,978,361
Liabilities$17,004,689
Net Assets-$6,026,328

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $7,833,2192011Revenue 2012: $8,480,311Expenses 2012: $8,453,736Net Income 2012: $26,5752012Revenue 2013: $8,274,402Expenses 2013: $8,722,908Net Income 2013: -$448,5062013Revenue 2014: $9,056,097Expenses 2014: $8,581,692Net Income 2014: $474,4052014Revenue 2015: $9,056,012Expenses 2015: $8,734,079Net Income 2015: $321,9332015Revenue 2016: $8,636,354Expenses 2016: $7,098,088Net Income 2016: $1,538,2662016Revenue 2019: $10,790,598Expenses 2019: $9,874,196Net Income 2019: $916,4022019Revenue 2020: $10,659,642Expenses 2020: $10,480,626Net Income 2020: $179,0162020Revenue 2021: $11,023,528Expenses 2021: $11,067,419Net Income 2021: -$43,8912021Revenue 2022: $13,085,604Expenses 2022: $10,743,838Net Income 2022: $2,341,7662022Revenue 2023: $15,307,529Expenses 2023: $11,269,449Net Income 2023: $4,038,0802023Revenue 2024: $13,848,096Expenses 2024: $11,883,577Net Income 2024: $1,964,5192024

Highlighted filing

2021

Revenue$11,023,528
Expenses$11,067,419
Net Income-$43,891
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.1
Gross Receipts
$11,023,528
Mission and Program Overview

Mission

To provide a world class education to all students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,025,894$6,229,255▲ $1,203,361
Accounts Receivable$1,715,331$956,573▼ $758,758
Land, Buildings, and Equipment, Net$261,742$381,651▲ $119,909
Prepaid Expenses and Deferred Charges-$17,760-
Total Assets$9,575,736$10,978,361▲ $1,402,625
Other Assets Total$2,572,769$3,393,122▲ $820,353
Liabilities
Other Liabilities$14,061,995$15,461,762▲ $1,399,767
Accounts Payable and Accrued Expenses$1,496,178$1,542,927▲ $46,749
Total Liabilities$15,558,173$17,004,689▲ $1,446,516
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-5,982,437$-6,026,328▼ $43,891
Total Net Assets Fund Balance$-5,982,437$-6,026,328▼ $43,891
Total Liabilities and Net Assets / Fund Balance$9,575,736$10,978,361▲ $1,402,625

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$347,393$1,329,548$1,676,941
Other Land Buildings$0$399,125$399,125
Leasehold Improvements$34,258$145,860$180,118
Land$0--
Other Assets Org$138,671--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leonard HartCEO / PrincipalFT$122,566$122,566
Vanessa CusaacBusiness ManagerFT$100,667$100,667

Board Members and Trustees

NameTitle
Edquina WashingtonPresident
Renitta FranklinVice President
Julie SwopeBoard Member
Kyle MooreBoard Member
Maribel BurgosBoard MEmber
Julie Swope-

Highest Paid Contractors

ContractorServicesLocationCompensation
River Rock AcademySpecial Education servicesPO Box 786172, Philadlephia, PA 17401$133,679
Davila Reality LLCLandlord45 East Springettsbury Ave, York, PA 17403$116,396
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,023,528
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-43,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,824,681
Other Expenses$3,242,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,325,687$696,666$0$4,022,353
Pension Plan Contributions$1,473,756$359,475$0$1,833,231
Other Employee Benefits$1,161,132$343,086$0$1,504,218
All Other Expenses$490,044$424,810$0$914,854
Fees for Services Other$781,364$24,885$0$806,249
Occupancy$0$435,110$0$435,110
Payroll Taxes$257,611$66,654$0$324,265
Other Expenses$71,510$107,370$0$178,880
Current Officers, Directors, Trustees, and Key Employees$0$140,614$0$140,614
Depreciation Depletion$0$136,544$0$136,544
Fees for Services Accounting$0$125,922$0$125,922
Fees for Services Legal$0$113,380$0$113,380
Information Technology$79,308$0$0$79,308
Insurance$35,555$41,691$0$77,246
Interest$0$16,717$0$16,717
Office Expenses$0$7,590$0$7,590
Travel$87$5,665$0$5,752
Advertising$0$3,530$0$3,530
Total Functional Expenses$7,861,078$3,206,341$0$11,067,419
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
Pension Liability$14,230,000
NET OPEB Liability$622,000
Deferred inflows related to pensions$485,000
capital lease payable$99,862
Compsenated Absences$24,900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
Lincoln Charter School
EIN
23-3043254
Phone
7176991573
Address
559 WEST KING STREET, YORK, PA 17401

Signing Officer

Name
Edquina Washington
Title
President
Phone
7176991573
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edquina Washington
Formed
2000
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
124
Volunteers
5

Preparer

Firm
Anthony Repice
Address
2901 SO 15TH ST, PHILADELPHIA, PA 19145
Preparer
Anthony Repice
Phone
2157557603
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Each board member is provided a draft of the 990 tax return prior to its filing. Each member hasd the opportunity to review and offer and changes if they feel its warranted

Pt VI, Line 12C

The organization is required by to obtain and keep on file Statements of financial intersts by the State Ethics Commission

Pt VI, Line 18

Documents are available upon request

Pt VI, Line 19

Documents are available upon request

Pt VI, Line 15A

All compensation is reviewed and approved by the Board of Trustees

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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0696666
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03325687
IRS990/OtherSalariesAndWagesGrp/TotalAmt04022353
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt066654
IRS990/PayrollTaxesGrp/ProgramServicesAmt0257611
IRS990/PayrollTaxesGrp/TotalAmt0324265
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0359475
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01473756
IRS990/PensionPlanContributionsGrp/TotalAmt01833231
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017760
IRS990/PrincipalOfficerNm0Edquina Washington
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0Federal Revenue
IRS990/ProgramServiceRevenueGrp/Desc1State Revenue
IRS990/ProgramServiceRevenueGrp/Desc2Local Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Other Revenue
IRS990/ProgramServiceRevenueGrp/Desc4Food Service Revenue
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01111689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29289074
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt324708
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4562220
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt03074405
IRS990/PYProgramServiceRevenueAmt010659642
IRS990/PYRevenuesLessExpensesAmt0179016
IRS990/PYSalariesCompEmpBnftPaidAmt07406221
IRS990/PYTotalExpensesAmt010480626
IRS990/PYTotalRevenueAmt010659642
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-43891
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt011023528
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0347393
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01329548
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01676941
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt034258
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0145860
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0180118
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03254451
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1138671
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred outflow related to pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred outflow related to OPEB
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0399125
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0399125
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014230000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1485000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2622000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt324900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt499862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred inflows related to pensions
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Compsenated Absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4capital lease payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0381651
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03393122
IRS990ScheduleD/TotalLiabilityAmt015461762
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The school receives federal awards, state expense reimbursements, and per pupil from various school districts.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Charter School law prohibits discrimination. Charter school law prohibits discrimination.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Julie Swope
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$14.6$2.33$13.8$11.9$1.96
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$15.3$0.36$15.3$11.3$4.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$17.5$3.67$13.1$10.7$2.34
2021Detailed filing. Detailed filing data is available for this year.$11.0$17.0$6.03$11.0$11.1$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.58$15.6$5.98$10.7$10.5$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.68$16.1$6.45$10.8$9.87$0.92
2016Summary only. Only limited summary data is available for this year.$5.08$14.7$9.59$8.64$7.10$1.54
2015Summary only. Only limited summary data is available for this year.$3.74$14.9$11.1$9.06$8.73$0.32
2014Summary only. Only limited summary data is available for this year.$3.01$2.07$0.94$9.06$8.58$0.47
2013Summary only. Only limited summary data is available for this year.$3.79$3.32$0.47$8.27$8.72$0.45
2012Summary only. Only limited summary data is available for this year.$3.21$2.02$1.18$8.48$8.45$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$1.51$1.15$7.83