Civic Intelligence

Inspired Teaching Demonstration Public Charter School

990 • Fiscal year 2020 • EIN 27-2618506

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

200 Douglas St NEWashington, DC 20002

(202) 248-6825

Siviq Scores

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

Liabilities / Assets

50th percentile

0.22x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

32nd percentile

0.15x

Higher debt load relative to revenue than 32% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$179,057

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

90th percentile

50%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

22%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,443,018

Up $2,488,512 (+50%) from 2019

Net Assets

Up

$5,800,668

Up $1,653,792 (+40%) from 2019

Liabilities

Up

$1,642,350

Up $834,720 (+103%) from 2019

Revenue

Up

$11,118,245

Up $1,994,021 (+22%) from 2019

Expenses

Up

$9,435,879

Up $1,219,529 (+15%) from 2019

Net Income

Up

$1,682,366

Up $774,492 (+85%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2012: $754,179Liabilities 2012: $74,553Net Assets 2012: $679,6262012Assets 2013: $1,054,555Liabilities 2013: $236,726Net Assets 2013: $817,8292013Assets 2014: $1,717,659Liabilities 2014: $219,427Net Assets 2014: $1,498,2322014Assets 2015: $2,260,281Liabilities 2015: $96,983Net Assets 2015: $2,163,2982015Assets 2017: $3,061,825Liabilities 2017: $118,000Net Assets 2017: $2,943,8252017Assets 2018: $3,836,523Liabilities 2018: $389,721Net Assets 2018: $3,446,8022018Assets 2019: $4,954,506Liabilities 2019: $807,630Net Assets 2019: $4,146,8762019Assets 2020: $7,443,018Liabilities 2020: $1,642,350Net Assets 2020: $5,800,6682020Assets 2021: $9,105,600Liabilities 2021: $2,396,525Net Assets 2021: $6,709,0752021Assets 2022: $19,751,135Liabilities 2022: $12,553,503Net Assets 2022: $7,197,6322022

Highlighted filing

2020

Assets$7,443,018
Liabilities$1,642,350
Net Assets$5,800,668

Operations Trend

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

$15M$10M$5.0M$0Expenses 2012: $2,157,8522012Expenses 2013: $3,369,7212013Revenue 2014: $4,725,155Expenses 2014: $4,044,752Net Income 2014: $680,4032014Revenue 2015: $5,527,228Expenses 2015: $4,862,162Net Income 2015: $665,0662015Revenue 2017: $7,123,385Expenses 2017: $6,626,326Net Income 2017: $497,0592017Revenue 2018: $8,181,568Expenses 2018: $7,609,112Net Income 2018: $572,4562018Revenue 2019: $9,124,224Expenses 2019: $8,216,350Net Income 2019: $907,8742019Revenue 2020: $11,118,245Expenses 2020: $9,435,879Net Income 2020: $1,682,3662020Revenue 2021: $11,025,532Expenses 2021: $10,241,073Net Income 2021: $784,4592021Revenue 2022: $11,781,173Expenses 2022: $11,391,365Net Income 2022: $389,8082022

Highlighted filing

2020

Revenue$11,118,245
Expenses$9,435,879
Net Income$1,682,366
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.2
Gross Receipts
$11,118,245
Mission and Program Overview

Mission

A professional learning community of master teachers and teacher residents who ensure that a diverse group of students achieve their potential as accomplished learners, thoughtful citizens, and imaginative and inquisitive problem solvers through a demanding, inquiry-based curriculum. The goals for our students are centered around four principles: intellect, inquiry, imagination and integrity.

Inspired teaching demonstration public charter school ensures that a diverse group of students achieve their potential as accomplished learners, thoughtful citizens, and imaginative and inquisitive problem-solvers through a demanding, inquiry-based curriculum. The goals for our students are centered around four principles: intellect, inquiry, imagination and integrity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,531,006$5,468,314▲ $937,308
Land, Buildings, and Equipment, Net$242,266$1,678,247▲ $1,435,981
Accounts Receivable$55,249$128,479▲ $73,230
Prepaid Expenses and Deferred Charges$48,393$59,950▲ $11,557
Pledges and Grants Receivable$22,507$53,028▲ $30,521
Cash and Non-Interest-Bearing Accounts$50,085$50,000▼ $85
Total Assets$4,954,506$7,443,018▲ $2,488,512
Other Assets Total$5,000$5,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$452,776$1,298,565▲ $845,789
Other Liabilities$354,854$329,355▼ $25,499
Deferred Revenue-$14,430-
Total Liabilities$807,630$1,642,350▲ $834,720
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,129,762$5,783,554▲ $1,653,792
Net Assets With Donor Restrictions$17,114$17,114→ $0
Total Net Assets Fund Balance$4,146,876$5,800,668▲ $1,653,792
Total Liabilities and Net Assets / Fund Balance$4,954,506$7,443,018▲ $2,488,512

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,512,676$100,473$1,613,149
Equipment$120,675$191,499$312,174
Leasehold Improvements$44,896$97,491$142,387
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah WilliamsHead of SchoolFT$166,149$12,908$179,057
Suriya Douglas WilliamsLower School PrincipalFT$147,901$9,800$157,701
Catherine L KeplingerChief Operating OfficerFT$134,092$9,397$143,489
Seth J BidermanMiddle School PrincipalFT$101,556$14,861$116,417
Melissa a SomervilleMaster TeacherFT$100,160$6,367$106,527

Board Members and Trustees

NameTitle
John S LeibovitzChair
Joanne IrbyVice Chair
Aleta MargolisBoard Member
Jeri EpsteinBoard Member
Lucy NewtonBoard Member
Morris ClarkeBoard Member
Pete WeberBoard Member
Andrea BrowningSecretary
Rusty WilsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Revolution Foods INCFood Services6219 COLUMBIA PARK ROAD, Hyattsville, MD 20785$162,282
Paradigm Therapy Partners LLCSpecial Ed. Services6368 COVENTRY WAY SUITE 363, Clinton, MD 20735$151,684
Center For Inspired TeachingTeaching Fellows/ Residents840 FIRST STREET NE, Washington, DC 20065$135,909
EdopsAccounting And Finance1611 CONNECTICUT AVENUE NW, Washington, DC 20009$108,114
Early Autism SolutionsSpecial Ed. Services717 GIRARD ST NW, Washington, DC 20001$103,467
Revenue and Support

Revenue Composition

Contributions and Grants
$1,150,145
Program Service Revenue
$9,876,203
Investment Income
$88,590
Other Revenue
$3,307
All Other Contributions
$220,024
Change in Net Assets
$1,682,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,118,245
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-21,749
Total Revenue per Audited Statements
$11,096,496
Total Revenue per Form 990
$11,118,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,467,781
Other Expenses$2,968,098
Total Fundraising Expense$130,336
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,500,546$609,719$94,918$5,205,183
Occupancy$1,559,798$84,983-$1,644,781
Payroll Taxes$391,123$52,989$8,249$452,361
Other Employee Benefits$349,165$47,304$7,364$403,833
Current Officers, Directors, Trustees, and Key Employees$292,045$39,565$6,159$337,769
Fees for Services Accounting-$147,984-$147,984
Fees for Services Other$15,937$97,593$336$113,866
Office Expenses$81,867$11,089$1,726$94,682
Pension Plan Contributions$59,344$8,040$1,251$68,635
Depreciation Depletion$54,946$7,443$1,159$63,548
Insurance$29,083$3,941$613$33,637
Other Expenses$8,589$8,776$515$17,365
Fees for Services Legal$12,005$4,400-$16,405
All Other Expenses$28$426$7,995$8,449
Interest$2,419$327$51$2,797
Total Functional Expenses$8,177,655$1,127,888$130,336$9,435,879

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,442,704
Expenses per Audited Statements$9,435,879
Total Expenses per Form 990$9,435,879
Expenses Not Reported on Form 990$6,825
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Equity Investment$227,233
Capital Lease Obligation$102,122
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 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 organization updated its bylaws in 2020, which were approved in january 2021. Significant changes include changes to the composition and term limits of the board of directors, and the formation of an executive committee.

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

The form 990 not-for-profit information tax return is processed by an outsourced consultant. Once prepared, a draft of the tax return is provided to the head of school of the public charter school as well as the outsourced bookkeeper. Any items which require further discussion are addressed in this draft phase. Once all items have been adequately addressed by the head of school, the draft is then forwarded onto the finance committee of the board of directors. Any concerns from the finance committee are addressed and then the head of school authorizes the filing with the internal revenue service. Once filed, a copy of the 990 tax return is provided to the full board at which time it is approved at the next regularly scheduled meeting.

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

Annually, board members and key staff complete a conflict of interest disclosure form identifying any relationships or circumstances which the board or key staff believe could contribute to a conflict of interest. A. Prior to board action on a contract or other transaction involving a conflict of interest, a board member having a conflict of interest shall disclose all facts material to the conflict of interest. Such disclosure shall be reflected in the minutes. B. A person who has a conflict of interest shall not participate in the decision except to disclose material facts and to respond to questions. C. A person who has a conflict of interest may not vote on the contract or transaction. D. Key staff members who have a conflict of interest with respect to a contract or transaction that is not the subject of board action shall disclose to the head of school any such conflict of interest. That staff member shall refrain from any action that may affect the charter school's participation in such contract or transaction.

Form 990, Part VI, Section B, Line 15

The board of directors reviewed salaries of executive directors and/or the head of school and other officers of other public charter schools based in the district of columbia as well as benchmarks published by the association of charter schools when deciding the compensation of the head of school and other officers. The school also participated in a citywide compensation study from which they received a report in december of 2019. This data was used for 2020-2021 employment agreements.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Inspired Teaching Demonstration
EIN
27-2618506
Phone
2022486825
Address
200 DOUGLAS ST NE, WASHINGTON, DC 20002

Signing Officer

Name
Deborah Williams
Title
Head of School
Phone
2022486825
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Williams
Formed
2010
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
117
Volunteers
20

Preparer

Firm
Jones Maresca & Mcquade Pa
Address
1730 RHODE ISLAND AVE NW SUITE 800, WASHINGTON, DC 20036
Preparer
Meena Bishnoi
Phone
2022963306
Supplemental Narrative

Additional Explanations

FORM 990 PART XII, LINE 2C:

These processes have not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Inspired teaching demonstration public charter school believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status. There are no unrecognized tax benefits or liabilities that need to be recorded.

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IRS990/ActivityOrMissionDesc0INSPIRED TEACHING DEMONSTRATION PUBLIC CHARTER SCHOOL ENSURES THAT A DIVERSE GROUP OF STUDENTS ACHIEVE THEIR POTENTIAL AS ACCOMPLISHED LEARNERS, THOUGHTFUL CITIZENS, AND IMAGINATIVE AND INQUISITIVE PROBLEM-SOLVERS THROUGH A DEMANDING, INQUIRY-BASED CURRICULUM. THE GOALS FOR OUR STUDENTS ARE CENTERED AROUND FOUR PRINCIPLES: INTELLECT, INQUIRY, IMAGINATION AND INTEGRITY.
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IRS990/Desc0AT THE INSPIRED TEACHING DEMONSTRATION PUBLIC CHARTER SCHOOL (THE "SCHOOL"), A PROFESSIONAL LEARNING COMMUNITY OF MASTER TEACHERS AND TEACHER RESIDENTS ENSURES THAT A DIVERSE GROUP OF STUDENTS ACHIEVE THEIR POTENTIAL AS ACCOMPLISHED LEARNERS, THOUGHTFUL CITIZENS, AND IMAGINATIVE AND INQUISITIVE PROBLEM SOLVERS THROUGH A DEMANDING, INQUIRY-BASED CURRICULUM. THE DEFINING CHARACTERISTIC OF THE SCHOOL IS A PROFESSIONAL LEARNING COMMUNITY FOCUSED ON A PROGRESSIVE, CONSTRUCTIVIST APPROACH TO TEACHING AND LEARNING BASED ON THE RESEARCH ON HOW THE BRAIN WORKS AND HOW CHILDREN LEARN. THE SCHOOL IS ORGANIZED TO MEET TWO RELATED, MUTUALLY REINFORCING PRIMARY GOALS: TO PROVIDE AN EXCELLENT EDUCATION FOR STUDENTS, AND TO PROVIDE EXCELLENT TEACHER PREPARATION AND PROFESSIONAL DEVELOPMENT FOR NEW TEACHERS AND TEACHER LEADERS. THE SCHOOL IMPLEMENTS THE PHILOSOPHY AND INSTRUCTIONAL METHODOLOGY OF CENTER FOR INSPIRED TEACHING. CENTER FOR INSPIRED TEACHING IS A DISTRICT OF COLUMBIA BASED EDUCATIONAL ORGANIZATION THAT HAS SERVED DC'S TEACHERS AND STUDENTS SINCE 1995, WITH THE GOAL OF ENSURING THAT TEACHERS MAKE THE MOST OF CHILDREN'S INNATE DESIRE TO LEARN. THE SCHOOL IS A LEADER IN IMPROVING THE WAY TEACHERS ARE TRAINED AND STUDENTS ARE EDUCATED IN DC AND BEYOND. AS A DEMONSTRATION SCHOOL, THE SCHOOL INVITES AND RECEIVES VISITORS FROM AROUND THE GLOBE. ANNUALLY, THE SCHOOL WELCOMES DOZENS OF VISITORS FROM THE DC EDUCATION COMMUNITY, AS WELL AS THOSE INFLUENTIAL IN EDUCATION POLICY NATIONWIDE. DOMINANT METHODS OF INSTRUCTION INCLUDE INQUIRY-BASED METHODS AND ACTIVE LEARNING APPROACHES, WHERE THE TEACHER SERVES AS FACILITATOR AND COACH TO SUPPORT STUDENT LEARNING. INSTRUCTION INCLUDES AN EMPHASIS ON SOCIAL-EMOTIONAL LEARNING, AND CLASSROOMS ARE CHARACTERIZED BY STUDENT-CENTERED ORGANIZATIONAL STYLES SUCH AS DIFFERENTIATED INSTRUCTION, COLLABORATIVE GROUPS, AND CHILD-INITIATED PLAY. THE STANDARDS-BASED CURRICULUM AND STUDENT GOALS ARE CENTERED ON THE 4 I'S: INTELLECT, INQUIRY, IMAGINATION, AND INTEGRITY.
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