Civic Intelligence

Summit Academy Charter School

990 • Fiscal year 2020 • EIN 26-4243160

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

27 Huntington Street No 321Brooklyn, NY 11231

(347) 242-6710

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.41x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

41st percentile

0.20x

Higher debt load relative to revenue than 41% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Net Margin

67th percentile

8.3%

Higher net margin than 67% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$186,435

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Asset Growth

85th percentile

60%

Faster asset growth than 85% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-7.1%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,728,687

Up $1,027,046 (+60%) from 2019

Net Assets

Up

$1,619,668

Up $462,527 (+40%) from 2019

Liabilities

Up

$1,109,019

Up $564,519 (+104%) from 2019

Revenue

Down

$5,547,295

Down $422,124 (-7.1%) from 2019

Expenses

Down

$5,084,768

Down $287,925 (-5.4%) from 2019

Net Income

Down

$462,527

Down $134,199 (-22%) from 2019

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

2020

Assets$2,728,687
Liabilities$1,109,019
Net Assets$1,619,668

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

2020

Revenue$5,547,295
Expenses$5,084,768
Net Income$462,527
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.2
Gross Receipts
$5,556,975
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 mission: summit 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.our 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 infe

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,399,102$2,344,222▲ $945,120
Pledges and Grants Receivable$135,927$131,292▼ $4,635
Land, Buildings, and Equipment, Net$79,832$109,562▲ $29,730
Savings and Temporary Cash Investments$75,148$75,156▲ $8
Prepaid Expenses and Deferred Charges$11,632$68,455▲ $56,823
Total Assets$1,701,641$2,728,687▲ $1,027,046
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$745,675▲ $745,675
Accounts Payable and Accrued Expenses$544,500$363,344▼ $181,156
Total Liabilities$544,500$1,109,019▲ $564,519
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,157,141$1,619,668▲ $462,527
Total Net Assets Fund Balance$1,157,141$1,619,668▲ $462,527
Total Liabilities and Net Assets / Fund Balance$1,701,641$2,728,687▲ $1,027,046

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$57,622$868,809$926,431
Other Land Buildings$51,940$251,525$303,465
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natasha CampbellDirector of Community SupportFT$169,345$17,090$186,435
Samease HandshawDirector of Finance and OpFT$136,260$14,548$150,808
Cheryl Lundy SwiftPrincipal Thru 7/20FT$95,375$30,502$125,877
Stephanie DouglasAssistant PrincipalFT$105,300$8,548$113,848
Latoya MasseyPrincipalFT$54,030$1,325$55,355

Board Members and Trustees

NameTitle
Dr Shelly JallowChair
Virginia ConnelleyVice Chair
Michael NievesTrustee
Dr Audrey BakerTrustee Thru 1/20
Velma MartinTrustee Thru 10/20
Michael BernardSecretary
William ColvatioTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Center For Education InnovationEducation Partner Organization28 WEST 44TH STREET, New York City, NY 10036$282,718
Revenue and Support

Revenue Composition

Contributions and Grants
$232,264
Program Service Revenue
$5,324,405
Investment Income
$8
Other Revenue
$-9,382
All Other Contributions
$902
Change in Net Assets
$462,527

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,547,295
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,680
Total Revenue per Audited Statements
$5,556,975
Total Revenue per Form 990
$5,547,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,901,296
Other Expenses$1,183,472
Total Fundraising Expense$1,330
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,624,431$79,555-$2,703,986
Current Officers, Directors, Trustees, and Key Employees$317,624$217,444-$535,068
Fees for Services Other$439,724$44,045$665$484,434
Other Employee Benefits$348,721$18,054-$366,775
Payroll Taxes$233,947$22,133-$256,080
Fees for Services Accounting-$94,510-$94,510
Information Technology$67,333$3,544-$70,877
Insurance$55,695$2,931-$58,626
Depreciation Depletion$52,621$2,770-$55,391
Office Expenses$48,960$2,577-$51,537
Pension Plan Contributions$39,387--$39,387
Advertising$36,585$542-$37,127
Other Expenses$7,840$12,012$665$8,505
Fees for Services Legal-$4,865-$4,865
All Other Expenses$181--$181
Total Functional Expenses$4,578,456$504,982$1,330$5,084,768

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,094,448
Expenses per Audited Statements$5,084,768
Total Expenses per Form 990$5,084,768
Expenses Not Reported on Form 990$9,680
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$9,680
Fundraising Gross Income$298
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
Yes
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 A, Line 4

The school amended its by-laws in july 2019 to include updated policies regarding the board and various committees.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the executive director. After the 990 has been approved, 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

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Summit Academy Charter School
EIN
26-4243160
Phone
3472426710
Address
27 HUNTINGTON STREET NO 321, BROOKLYN, NY 11231

Signing Officer

Name
Latoya Massey
Title
Principal
Phone
7189139624
Signed
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latoya Massey
Formed
2009
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
67
Volunteers
7

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process is consistent with prior year.

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 tax returns in the u.s. Federal jurisdiction. The tax returns for the years ended june 30, 2017 through june 30, 2020 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:

FUNDRAISING 9,680.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

FUNDRAISING 9,680.

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IRS990/ActivityOrMissionDesc0OUR MISSION: SUMMIT 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.OUR 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 INFE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRINCIPAL THRU 7/20
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF COMMUNITY SUPPORT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE THRU 1/20
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE THRU 10/20
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF FINANCE AND OP
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt07020
IRS990/FundraisingDirectExpensesAmt09680
IRS990/FundraisingGrossIncomeAmt0298
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0224342
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05556975
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03544
IRS990/InformationTechnologyGrp/ProgramServicesAmt067333
IRS990/InformationTechnologyGrp/TotalAmt070877
IRS990/InsuranceGrp/ManagementAndGeneralAmt02931
IRS990/InsuranceGrp/ProgramServicesAmt055695
IRS990/InsuranceGrp/TotalAmt058626
IRS990/InvestmentIncomeGrp/ExclusionAmt08
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01120334
IRS990/LandBldgEquipBasisNetGrp/BOYAmt079832
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0109562
IRS990/LandBldgEquipCostOrOtherBssAmt01229896
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION: SUMMIT 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.OUR 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 INFE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0745675
IRS990/NetAssetsOrFundBalancesBOYAmt01157141
IRS990/NetAssetsOrFundBalancesEOYAmt01619668
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-9382
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-9382
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01157141
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01619668
IRS990/NoncashContributionsAmt021384
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02577
IRS990/OfficeExpensesGrp/ProgramServicesAmt048960
IRS990/OfficeExpensesGrp/TotalAmt051537
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018054
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0348721
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0366775
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2DUES, FEES & SUBSCRIPTI
IRS990/OtherExpensesGrp/Desc3EVENTS
IRS990/OtherExpensesGrp/FundraisingAmt0665
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012012
IRS990/OtherExpensesGrp/ProgramServicesAmt0254902
IRS990/OtherExpensesGrp/ProgramServicesAmt126796
IRS990/OtherExpensesGrp/ProgramServicesAmt223709
IRS990/OtherExpensesGrp/ProgramServicesAmt37840
IRS990/OtherExpensesGrp/TotalAmt0254902
IRS990/OtherExpensesGrp/TotalAmt138808
IRS990/OtherExpensesGrp/TotalAmt223709
IRS990/OtherExpensesGrp/TotalAmt38505
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079555
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02624431
IRS990/OtherSalariesAndWagesGrp/TotalAmt02703986
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022133
IRS990/PayrollTaxesGrp/ProgramServicesAmt0233947
IRS990/PayrollTaxesGrp/TotalAmt0256080
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt039387
IRS990/PensionPlanContributionsGrp/TotalAmt039387
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0135927
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0131292
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011632
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068455
IRS990/PrincipalOfficerNm0LATOYA MASSEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0STATE AND LOCAL PER PU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05324405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05324405
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0238164
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07
IRS990/PYOtherExpensesAmt0983214
IRS990/PYOtherRevenueAmt0-3158
IRS990/PYProgramServiceRevenueAmt05734406
IRS990/PYRevenuesLessExpensesAmt0596726
IRS990/PYSalariesCompEmpBnftPaidAmt04389479
IRS990/PYTotalExpensesAmt05372693
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05969419
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0462527
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05324405
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075148
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075156
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/BookValueAmt057622
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0868809
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0926431
IRS990ScheduleD/ExpensesNotReportedAmt09680
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05084768
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt09680
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt051940
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0251525
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0303465
IRS990ScheduleD/OtherRevenueAmt09680
IRS990ScheduleD/RevenueNotReportedAmt09680
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05547295
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 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2017 THROUGH JUNE 30, 2020 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/ExplanationTxt1FUNDRAISING 9,680.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING 9,680.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0109562
IRS990ScheduleD/TotalExpensesPerForm990Amt05084768
IRS990ScheduleD/TotalRevenuePerForm990Amt05547295
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05556975
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05094448
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
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE REGISTRATION PERIOD BY LISTING THE POLICY IN OUR NEWSPAPER ADVERTISEMENT, ENROLLMENT APPLICATIONS AND ON OUR PUBLIC WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES START-UP GRANTS FOR FACILITIES AND IMPLEMENTATION AND CORE PUPIL AID.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0169345
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1136260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08542
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10

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