Civic Intelligence

Summit Academy Charter School

990 • Fiscal year 2014 • EIN 26-4243160

Jul 01, 2013 to Jun 30, 2014 • Filed on May 06, 2015

27 Huntington Street No 32111231

(347) 242-6710

Siviq Scores

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

Liabilities / Assets

68th percentile

0.36x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Net Margin

15th percentile

-8.1%

Higher net margin than 15% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

80th percentile

$151,500

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Asset Growth

4th percentile

-28%

Faster asset growth than 4% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$965,098

Down $382,492 (-28%) from 2013

Net Assets

Down

$618,869

Down $373,298 (-38%) from 2013

Liabilities

Down

$346,229

Down $9,194 (-2.6%) from 2013

Revenue

$4,631,739

No earlier filing loaded for comparison.

Expenses

Up

$5,005,037

Up $469,278 (+10%) from 2013

Net Income

-$373,298

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $714,374Liabilities 2010: $206,253Net Assets 2010: $508,1212010Assets 2011: $1,217,750Liabilities 2011: $153,442Net Assets 2011: $1,064,3082011Assets 2012: $1,593,061Liabilities 2012: $215,937Net Assets 2012: $1,377,1242012Assets 2013: $1,347,590Liabilities 2013: $355,423Net Assets 2013: $992,1672013Assets 2014: $965,098Liabilities 2014: $346,229Net Assets 2014: $618,8692014Assets 2015: $1,381,779Liabilities 2015: $376,599Net Assets 2015: $1,005,1802015Assets 2016: $769,055Liabilities 2016: $531,504Net Assets 2016: $237,5512016Assets 2017: $861,731Liabilities 2017: $444,643Net Assets 2017: $417,0882017Assets 2018: $936,033Liabilities 2018: $375,618Net Assets 2018: $560,4152018Assets 2019: $1,701,641Liabilities 2019: $544,500Net Assets 2019: $1,157,1412019Assets 2020: $2,728,687Liabilities 2020: $1,109,019Net Assets 2020: $1,619,6682020Assets 2021: $3,461,945Liabilities 2021: $402,467Net Assets 2021: $3,059,4782021Assets 2022: $3,506,747Liabilities 2022: $284,841Net Assets 2022: $3,221,9062022Assets 2023: $3,028,371Liabilities 2023: $403,313Net Assets 2023: $2,625,0582023Assets 2024: $2,559,519Liabilities 2024: $396,611Net Assets 2024: $2,162,9082024Assets 2025: $2,305,837Liabilities 2025: $453,571Net Assets 2025: $1,852,2662025

Highlighted filing

2014

Assets$965,098
Liabilities$346,229
Net Assets$618,869

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,735,3682010Expenses 2011: $2,652,0822011Expenses 2012: $3,680,1042012Expenses 2013: $4,535,7592013Revenue 2014: $4,631,739Expenses 2014: $5,005,037Net Income 2014: -$373,2982014Revenue 2015: $5,323,153Expenses 2015: $4,936,842Net Income 2015: $386,3112015Revenue 2016: $5,279,543Expenses 2016: $6,047,172Net Income 2016: -$767,6292016Revenue 2017: $5,567,173Expenses 2017: $5,387,636Net Income 2017: $179,5372017Revenue 2018: $5,786,589Expenses 2018: $5,643,262Net Income 2018: $143,3272018Revenue 2019: $5,969,419Expenses 2019: $5,372,693Net Income 2019: $596,7262019Revenue 2020: $5,547,295Expenses 2020: $5,084,768Net Income 2020: $462,5272020Revenue 2021: $5,981,816Expenses 2021: $4,542,006Net Income 2021: $1,439,8102021Revenue 2022: $5,005,181Expenses 2022: $4,842,753Net Income 2022: $162,4282022Revenue 2023: $4,869,121Expenses 2023: $5,465,969Net Income 2023: -$596,8482023Revenue 2024: $5,724,794Expenses 2024: $6,186,944Net Income 2024: -$462,1502024Revenue 2025: $6,200,134Expenses 2025: $6,510,776Net Income 2025: -$310,6422025

Highlighted filing

2014

Revenue$4,631,739
Expenses$5,005,037
Net Income-$373,298
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 6, 2015
Return Version
2013v4.0
Gross Receipts
$4,810,007
Mission and Program Overview

Mission

Summit academy charter school bridges the gap between aspirations and reality by preparing sixth through twelfth-grade students to gain acceptance to, excel in, and graduate from college by using three pillars of success: mastery of core subjects, character building, and community leadership.by engaging students in an academically rigorous, college-preparatory curriculum, competitive athletics program, and comprehensive fine arts academy, summit academy will prepare our young people to participate meaningfully in the greater economy and expand their choices and opportunities.

Our missionsummit academy charter school bridges the gap between aspirations and realities by preparing 6th through 12th grade students to gain acceptance to, excel in and graduate from college by using three pillars of success: mastery of core subjects, character building, and community leadership. By engaging students with an academically rigorous, college-preparatory curriculum and supporting them in a community focused on high academic achievement and strong character building, summit academy will prepare our young people to participate meaningfully in the greater economy and expand their choices and opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$448,024$445,079▼ $2,945
Cash and Non-Interest-Bearing Accounts$165,229$173,898▲ $8,669
Pledges and Grants Receivable$354,230$153,586▼ $200,644
Prepaid Expenses and Deferred Charges$278,742$117,437▼ $161,305
Savings and Temporary Cash Investments$75,065$75,098▲ $33
Receivable From Disqualified Prsn$26,300--
Total Assets$1,347,590$965,098▼ $382,492
Liabilities
Other Liabilities$235,886$172,161▼ $63,725
Accounts Payable and Accrued Expenses$119,537$124,475▲ $4,938
Deferred Revenue$0$49,593▲ $49,593
Total Liabilities$355,423$346,229▼ $9,194
Net Assets / Fund Balance
Unrestricted Net Assets$992,167$618,869▼ $373,298
Total Net Assets Fund Balance$992,167$618,869▼ $373,298
Total Liabilities and Net Assets / Fund Balance$1,347,590$965,098▼ $382,492

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$445,079$408,900$853,979
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natasha CampbellExecutive DirectorFT$140,000$11,500$151,500
Samease HandshawDirector of Finance & OperationsFT$95,700$13,550$109,250

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Signature Learning ResourcesSpecial Education Support-$166,400
EdupowerProfessional Development And Reading Sup-$109,085
Revenue and Support

Revenue Composition

Contributions and Grants
$268,720
Program Service Revenue
$4,541,253
Investment Income
$-160,040
Other Revenue
$-18,194
All Other Contributions
$10,204
Change in Net Assets
$-373,298

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,631,739
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$178,268
Total Revenue per Audited Statements
$4,810,007
Total Revenue per Form 990
$4,631,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,586,015
Other Expenses$1,419,022
Total Fundraising Expense$50,599
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,541,890$189,284$14,000$2,745,174
Fees for Services Other$197,772$79,979$24,669$302,420
Other Employee Benefits$275,758$22,008$1,471$299,237
Current Officers, Directors, Trustees, and Key Employees$208,600$52,150-$260,750
Payroll Taxes$237,697$20,582$1,219$259,498
Depreciation Depletion$125,262$10,846$642$136,750
Information Technology$83,100$7,195$426$90,721
Office Expenses$83,708$6,546$388$90,642
Fees for Services Accounting-$77,751-$77,751
Advertising$67,231$4,526$268$72,025
Insurance$20,947$1,805-$22,752
Pension Plan Contributions$20,808$396$152$21,356
Other Expenses$4,605$399$7,277$12,281
All Other Expenses$5,919--$5,919
Fees for Services Legal-$2,726-$2,726
Total Functional Expenses$4,442,435$512,003$50,599$5,005,037

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,183,305
Expenses per Audited Statements$5,005,037
Total Expenses per Form 990$5,005,037
Expenses Not Reported on Form 990$178,268
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
Fundraising Direct Expenses$18,194
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$26,300--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$169,494
Deferred Lease Liability$2,667
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 is reviewed by the executive director after the 990 has been reviewed a copy is then forwarded electronically to each board member prior to filing with the internal revenue service.

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

Each officer, trustee, and key employee shall disclose in writing annually all conflicts to the board prior to the discussion of the underlying matter or transaction by the board and shall draw to the attention of the board such conflict at any subsequent meetings at which such matter or transaction is discussed. Following such disclosure, a trustee shall be entitled to take part in the discussions of the board concerning such matter or transaction and shall be considered in determining whether a quorum is present, but shall not be entitled to vote on the applicable matter or transaction. The question of whether a conflict exists shall, in the absence of certainty, be determined by the vote of a majority of disinterested directors present at the meeting called for the purpose of discussing the transaction or matter to which the conflict relates.

Form 990, Part VI, Section B, Line 15

The board of directors of summit academy charter school determined and approved the salaries of the executive director and principal of the school to ensure salaries are comparable with those of other schools within the city in which the school operates.

Form 990, Part VI, Section C, Line 19

P 43 86 2

Filing and Contact Details

Filer

EIN
26-4243160
Phone
3472426710

Signing Officer

Name
Natasha Campbell
Title
Executive Director
Phone
7168751403
Signed
2015-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natasha Campbell
Formed
2009
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
61
Volunteers
11

Preparer

Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Vision summit academy develops academic excellence, instills character, and cultivates leadership. Our academic program and college preparatory curriculum are structured to accomplish two goals: (1) student acquisition and mastery of basic literacy, numeracy, and writing skills and (2) student application of basic skills to synthesize, analyze, apply, and make inferences about content that is more challenging and complex. Students will be able to answer the what, why and how in all subject areas. Staff, students, families and the community are involved in the educational process to create a safe, supportive environment where students are motivated to learn and believe that success is attainable. Everyone honors and respects the difference and uniqueness of each individual while developing a sense of responsibility toward themselves, their school community, and the community at large.

Form 990, Part III, Line 1

Vision summit academy develops academic excellence, instills character, and cultivates leadership. Our academic program and college preparatory curriculum are structured to accomplish two goals: (1) student acquisition and mastery of basic literacy, numeracy, and writing skills and (2) student application of basic skills to synthesize, analyze, apply, and make inferences about content that is more challenging and complex. Students will be able to answer the what, why and how in all subject areas. Staff, students, families and the community are involved in the educational process to create a safe, supportive environment where students are motivated to learn and believe that success is attainable. Everyone honors and respects the difference and uniqueness of each individual while developing a sense of responsibility toward themselves, their school community, and the community at large.

Form 990, Part XII, Line 2C

The board of trustees assumes the responsibility for oversight of the audit of its financial statements and selection of independent accountants.

Financial Statement Notes

PART X, LINE 2:

The charter school is a tax-exempt organization under section 501(c)(3) of the internal revenue code and applicable state regulations and, accordingly, is exempt from federal and state taxes on income. The charter school has filed for and received income tax exemptions in the jurisdictions where it is required to do so. The charter school files form 990 in the u.s. Federal jurisdiction. With few exceptions, as of june 30, 2014, the charter school is no longer subject to u.s. Federal examinations by tax authorities for the years ended before june 30, 2011. Tax returns for the years ended june 30, 2011 through june 30, 2014 are still subject to potential audit by the irs. Management of the charter school believes it has no material uncertain tax positions and, accordingly it will not recognize any liability for unrecognized tax benefits.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Loss on abandoned construction 160,074. Direct fundraising expenses 18,194.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on abandoned construction 160,074. Direct fundraising expenses 18,194.

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IRS990/ActivityOrMissionDesc0OUR MISSIONSUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITIES BY PREPARING 6TH THROUGH 12TH GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP. BY ENGAGING STUDENTS WITH AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM AND SUPPORTING THEM IN A COMMUNITY FOCUSED ON HIGH ACADEMIC ACHIEVEMENT AND STRONG CHARACTER BUILDING, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11140000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1295700
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/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF FINANCE & OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt05624
IRS990/FundraisingDirectExpensesAmt018194
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-160074
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0252892
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04810007
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0426
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07195
IRS990/InformationTechnologyGrp/ProgramServicesAmt083100
IRS990/InformationTechnologyGrp/TotalAmt090721
IRS990/InsuranceGrp/ManagementAndGeneralAmt01805
IRS990/InsuranceGrp/ProgramServicesAmt020947
IRS990/InsuranceGrp/TotalAmt022752
IRS990/InvestmentIncomeGrp/ExclusionAmt034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0408900
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0448024
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0445079
IRS990/LandBldgEquipCostOrOtherBssAmt0853979
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0160074
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSIONSUMMIT ACADEMY CHARTER SCHOOL BRIDGES THE GAP BETWEEN ASPIRATIONS AND REALITIES BY PREPARING 6TH THROUGH 12TH GRADE STUDENTS TO GAIN ACCEPTANCE TO, EXCEL IN AND GRADUATE FROM COLLEGE BY USING THREE PILLARS OF SUCCESS: MASTERY OF CORE SUBJECTS, CHARACTER BUILDING, AND COMMUNITY LEADERSHIP. BY ENGAGING STUDENTS WITH AN ACADEMICALLY RIGOROUS, COLLEGE-PREPARATORY CURRICULUM AND SUPPORTING THEM IN A COMMUNITY FOCUSED ON HIGH ACADEMIC ACHIEVEMENT AND STRONG CHARACTER BUILDING, SUMMIT ACADEMY WILL PREPARE OUR YOUNG PEOPLE TO PARTICIPATE MEANINGFULLY IN THE GREATER ECONOMY AND EXPAND THEIR CHOICES AND OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0992167
IRS990/NetAssetsOrFundBalancesEOYAmt0618869
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-160074
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-160074
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-18194
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-18194
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt023072
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0388
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06546
IRS990/OfficeExpensesGrp/ProgramServicesAmt083708
IRS990/OfficeExpensesGrp/TotalAmt090642
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01471
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022008
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0275758
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0299237
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3POSTAGE, PRINTING, COPY
IRS990/OtherExpensesGrp/FundraisingAmt087
IRS990/OtherExpensesGrp/FundraisingAmt17277
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09510
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt126300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2399
IRS990/OtherExpensesGrp/ProgramServicesAmt0353104
IRS990/OtherExpensesGrp/ProgramServicesAmt1216034
IRS990/OtherExpensesGrp/ProgramServicesAmt24605
IRS990/OtherExpensesGrp/TotalAmt0353104
IRS990/OtherExpensesGrp/TotalAmt1225631
IRS990/OtherExpensesGrp/TotalAmt226300
IRS990/OtherExpensesGrp/TotalAmt312281
IRS990/OtherLiabilitiesGrp/BOYAmt0235886
IRS990/OtherLiabilitiesGrp/EOYAmt0172161
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0189284
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02541890
IRS990/OtherSalariesAndWagesGrp/TotalAmt02745174
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01219
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020582
IRS990/PayrollTaxesGrp/ProgramServicesAmt0237697
IRS990/PayrollTaxesGrp/TotalAmt0259498
IRS990/PensionPlanContributionsGrp/FundraisingAmt0152
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0396
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020808
IRS990/PensionPlanContributionsGrp/TotalAmt021356
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0354230
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0153586
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0278742
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0117437
IRS990/PrincipalOfficerNm0NATASHA CAMPBELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0STATE AND LOCAL PER PUPIL OPERATI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04541253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04541253
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0208422
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-35963
IRS990/PYOtherExpensesAmt01464297
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03978343
IRS990/PYRevenuesLessExpensesAmt0-384957
IRS990/PYSalariesCompEmpBnftPaidAmt03028712
IRS990/PYTotalExpensesAmt04535759
IRS990/PYTotalProfFndrsngExpnsAmt042750
IRS990/PYTotalRevenueAmt04150802
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt026300
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-373298
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04541253
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075065
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075098
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/BookValueAmt0445079
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0408900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0853979
IRS990ScheduleD/ExpensesNotReportedAmt0178268
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05005037
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0178268
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1169494
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL
IRS990ScheduleD/OtherRevenueAmt0178268
IRS990ScheduleD/RevenueNotReportedAmt0178268
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04631739
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE CHARTER SCHOOL FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, AS OF JUNE 30, 2014, THE CHARTER SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDED BEFORE JUNE 30, 2011. TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2011 THROUGH JUNE 30, 2014 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON ABANDONED CONSTRUCTION 160,074. DIRECT FUNDRAISING EXPENSES 18,194.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON ABANDONED CONSTRUCTION 160,074. DIRECT FUNDRAISING EXPENSES 18,194.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0445079
IRS990ScheduleD/TotalExpensesPerForm990Amt05005037
IRS990ScheduleD/TotalLiabilityAmt0172161
IRS990ScheduleD/TotalRevenuePerForm990Amt04631739
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04810007
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05183305
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.31$0.45$1.85$6.20$6.51$0.31
2024Detailed filing. Detailed filing data is available for this year.$2.56$0.40$2.16$5.72$6.19$0.46
2023Detailed filing. Detailed filing data is available for this year.$3.03$0.40$2.63$4.87$5.47$0.60
2022Detailed filing. Detailed filing data is available for this year.$3.51$0.28$3.22$5.01$4.84$0.16
2021Detailed filing. Detailed filing data is available for this year.$3.46$0.40$3.06$5.98$4.54$1.44
2020Detailed filing. Detailed filing data is available for this year.$2.73$1.11$1.62$5.55$5.08$0.46
2019Detailed filing. Detailed filing data is available for this year.$1.70$0.54$1.16$5.97$5.37$0.60
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.38$0.56$5.79$5.64$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.44$0.42$5.57$5.39$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.53$0.24$5.28$6.05$0.77
2015Detailed filing. Detailed filing data is available for this year.$1.38$0.38$1.01$5.32$4.94$0.39
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.35$0.62$4.63$5.01$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.36$0.99$4.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.22$1.38$3.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.15$1.06$2.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.21$0.51$1.74