Civic Intelligence

Summit Academy Charter School

990 • Fiscal year 2021 • EIN 26-4243160

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 28, 2022

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

7th percentile

0.12x

Higher debt load relative to assets than 7% of similar nonprofits.

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

12th percentile

0.07x

Higher debt load relative to revenue than 12% of similar nonprofits.

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Net Margin

96th percentile

24%

Higher net margin than 96% of similar nonprofits.

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$219,120

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Asset Growth

71st percentile

27%

Faster asset growth than 71% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

7.8%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,461,945

Up $733,258 (+27%) from 2020

Net Assets

Up

$3,059,478

Up $1,439,810 (+89%) from 2020

Liabilities

Down

$402,467

Down $706,552 (-64%) from 2020

Revenue

Up

$5,981,816

Up $434,521 (+7.8%) from 2020

Expenses

Down

$4,542,006

Down $542,762 (-11%) from 2020

Net Income

Up

$1,439,810

Up $977,283 (+211%) from 2020

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

2021

Assets$3,461,945
Liabilities$402,467
Net Assets$3,059,478

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

2021

Revenue$5,981,816
Expenses$4,542,006
Net Income$1,439,810
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 28, 2022
Return Version
2020v4.2
Gross Receipts
$5,981,816
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.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,344,222$2,992,384▲ $648,162
Land, Buildings, and Equipment, Net$109,562$198,849▲ $89,287
Pledges and Grants Receivable$131,292$189,549▲ $58,257
Prepaid Expenses and Deferred Charges$68,455$6,000▼ $62,455
Total Assets$2,728,687$3,461,945▲ $733,258
Other Assets Total$75,156$75,163▲ $7
Liabilities
Mortgage Notes Payable Secured by Investment Property$745,675$0▼ $745,675
Accounts Payable and Accrued Expenses$363,344$402,467▲ $39,123
Total Liabilities$1,109,019$402,467▼ $706,552
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,619,668$3,059,478▲ $1,439,810
Total Net Assets Fund Balance$1,619,668$3,059,478▲ $1,439,810
Total Liabilities and Net Assets / Fund Balance$2,728,687$3,461,945▲ $733,258

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$162,785$910,251$1,073,036
Other Land Buildings$36,064$267,401$303,465
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Latoya MasseyPrincipal (thru July)FT$209,450$9,670$219,120
Natasha CampbellDirector of Community SuppFT$169,651$17,821$187,472
Samease HandshawDirector of Finance and OpFT$134,834$14,953$149,787
Edgar MeraAssistant PrincipalFT$113,488$13,266$126,754
Stephanie DouglasAssistant PrincipalFT$105,600$8,953$114,553

Board Members and Trustees

NameTitle
Dr Shelly JallowChair (thru Dec 2021)
Virginia ConnelleyVice Chair
Michael NievesTrustee
Michael BernardSecretary
William ColvatioTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Center For Education InnovationEducation Partner Organization28 WEST 44TH STREET, New York City, NY 10036$431,233
Accounting SolutionsOutsourced Accounting Firm16 RYAN STREET, Syosset, NY 11791$100,833
Revenue and Support

Revenue Composition

Contributions and Grants
$1,099,471
Program Service Revenue
$4,882,338
Investment Income
$7
Other Revenue
$0
All Other Contributions
$779,885
Change in Net Assets
$1,439,810

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$30,000Fair Market Value (FMV)
Total Noncash Contributions1$30,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,981,816
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,981,816
Total Revenue per Form 990
$5,981,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,368,692
Other Expenses$1,173,314
Total Fundraising Expense$11,480
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,112,499$56,039-$2,168,538
Fees for Services Other$569,089$32,474$18$601,581
Current Officers, Directors, Trustees, and Key Employees$349,445$215,678$9,897$575,020
Other Employee Benefits$354,233$27,025$730$381,988
Payroll Taxes$188,538$19,418$835$208,791
Fees for Services Management-$85,135-$85,135
Information Technology$80,401$4,232-$84,633
Depreciation Depletion$54,452$2,866-$57,318
Insurance$42,427$2,233-$44,660
Advertising$44,122$371-$44,493
Office Expenses$39,382$1,806-$41,188
Pension Plan Contributions$34,355--$34,355
Fees for Services Accounting-$22,600-$22,600
All Other Expenses$2,573$32-$2,605
Other Expenses$2,066$3,797-$2,066
Total Functional Expenses$4,011,520$519,006$11,480$4,542,006

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,542,006
Total Expenses per Audited Statements$4,542,006
Total Expenses per Form 990$4,542,006
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
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
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 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
Machael Spencer-edwards
Title
Principal
Phone
7189139624
Signed
2022-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Machael Spencer-edwards
Formed
2009
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
53
Volunteers
5

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 I, LINE 1:

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 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

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 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 IX, Line 11G

Professional fees: program service expenses 569,089. Management and general expenses 32,474. Fundraising expenses 18. Total expenses 601,581.

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, 2018 through june 30, 2021 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR (THRU DEC 2021)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR OF COMMUNITY SUPP
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF FINANCE AND OP
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRINCIPAL (THRU JULY)
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASSISTANT PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0319586
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05981816
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04232
IRS990/InformationTechnologyGrp/ProgramServicesAmt080401
IRS990/InformationTechnologyGrp/TotalAmt084633
IRS990/InsuranceGrp/ManagementAndGeneralAmt02233
IRS990/InsuranceGrp/ProgramServicesAmt042427
IRS990/InsuranceGrp/TotalAmt044660
IRS990/InvestmentIncomeGrp/ExclusionAmt07
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01177652
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0109562
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0198849
IRS990/LandBldgEquipCostOrOtherBssAmt01376501
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0745675
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01619668
IRS990/NetAssetsOrFundBalancesEOYAmt03059478
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01619668
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03059478
IRS990/NoncashContributionsAmt030000
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01806
IRS990/OfficeExpensesGrp/ProgramServicesAmt039382
IRS990/OfficeExpensesGrp/TotalAmt041188
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt075156
IRS990/OtherAssetsTotalGrp/EOYAmt075163
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0730
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027025
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0354233
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0381988
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3STUDENT MEALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13797
IRS990/OtherExpensesGrp/ProgramServicesAmt0128985
IRS990/OtherExpensesGrp/ProgramServicesAmt18953
IRS990/OtherExpensesGrp/ProgramServicesAmt22066
IRS990/OtherExpensesGrp/TotalAmt0128985
IRS990/OtherExpensesGrp/TotalAmt145300
IRS990/OtherExpensesGrp/TotalAmt212750
IRS990/OtherExpensesGrp/TotalAmt32066
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056039
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02112499
IRS990/OtherSalariesAndWagesGrp/TotalAmt02168538
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0835
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019418
IRS990/PayrollTaxesGrp/ProgramServicesAmt0188538
IRS990/PayrollTaxesGrp/TotalAmt0208791
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt034355
IRS990/PensionPlanContributionsGrp/TotalAmt034355
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0131292
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0189549
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068455
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06000
IRS990/PrincipalOfficerNm0MACHAEL SPENCER-EDWARDS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0STATE AND LOCAL PER PU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04882338
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04882338
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0232264
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt01183472
IRS990/PYOtherRevenueAmt0-9382
IRS990/PYProgramServiceRevenueAmt05324405
IRS990/PYRevenuesLessExpensesAmt0462527
IRS990/PYSalariesCompEmpBnftPaidAmt03901296
IRS990/PYTotalExpensesAmt05084768
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05547295
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01439810
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04882338
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/BookValueAmt0162785
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0910251
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01073036
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04542006
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036064
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0267401
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0303465
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05981816
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, 2018 THROUGH JUNE 30, 2021 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/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0198849
IRS990ScheduleD/TotalExpensesPerForm990Amt04542006
IRS990ScheduleD/TotalRevenuePerForm990Amt05981816
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05981816
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04542006
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/BaseCompensationFilingOrgAmt0209450
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1169651
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/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt18868
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09670
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt18953
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LATOYA MASSEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1NATASHA CAMPBELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRINCIPAL (THRU JULY)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR OF COMMUNITY SUPP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0219120
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1187472
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00

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