Civic Intelligence

Richard Wright Public Charter School for Journalism and Media Arts

EIN 27-2713037 • 501(c)3 • Washington, DC

Profile

The mission of richard wright public charter school for journalism and media arts is to transform students in grades 8-12 into well-versed media contributors by providing a student-centered environment that connects them to the classics and modern languages and a curriculum focused on strong writing skills and vocabulary.

Refreshing map…

475 School Street SWWashington, DC 20024

www.richardwrightpcs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.91x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

2.07x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

26th percentile

-3.6%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$244,406

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

24th percentile

-2.8%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-0.3%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$23,285,107

Down $676,909 (-2.8%) from 2023

Liabilities

Down

$21,199,498

Down $309,497 (-1.4%) from 2023

Net Assets

Down

$2,085,609

Down $367,412 (-15%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin26th percentile

Revenue

Down

$10,264,025

Down $29,871 (-0.3%) from 2023

Expenses

Up

$10,631,437

Up $655,037 (+6.6%) from 2023

Net Income

Down

-$367,412

Down $684,908 (-216%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2014: $1,763,666Liabilities 2014: $676,276Net Assets 2014: $1,087,3902014Assets 2015: $1,286,844Liabilities 2015: $555,571Net Assets 2015: $731,2732015Assets 2016: $718,233Liabilities 2016: $823,423Net Assets 2016: -$105,1902016Assets 2017: $668,664Liabilities 2017: $519,743Net Assets 2017: $148,9212017Assets 2018: $1,191,376Liabilities 2018: $617,309Net Assets 2018: $574,0672018Assets 2019: $1,858,499Liabilities 2019: $420,175Net Assets 2019: $1,438,3242019Assets 2020: $13,714,913Liabilities 2020: $11,486,832Net Assets 2020: $2,228,0812020Assets 2021: $15,850,160Liabilities 2021: $13,415,466Net Assets 2021: $2,434,6942021Assets 2022: $15,874,690Liabilities 2022: $13,739,165Net Assets 2022: $2,135,5252022Assets 2023: $23,962,016Liabilities 2023: $21,508,995Net Assets 2023: $2,453,0212023Assets 2024: $23,285,107Liabilities 2024: $21,199,498Net Assets 2024: $2,085,6092024

Highlighted filing

2024

Assets$23,285,107
Liabilities$21,199,498
Net Assets$2,085,609
Open 2024 Filing

Operations Trend

Revenue Growth33rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2014: $6,054,843Expenses 2014: $5,742,063Net Income 2014: $312,7802014Revenue 2015: $6,691,196Expenses 2015: $7,047,313Net Income 2015: -$356,1172015Revenue 2016: $5,758,201Expenses 2016: $6,594,664Net Income 2016: -$836,4632016Revenue 2017: $6,419,656Expenses 2017: $6,165,545Net Income 2017: $254,1112017Revenue 2018: $6,183,867Expenses 2018: $5,758,721Net Income 2018: $425,1462018Revenue 2019: $7,027,655Expenses 2019: $6,163,398Net Income 2019: $864,2572019Revenue 2020: $8,240,745Expenses 2020: $7,450,988Net Income 2020: $789,7572020Revenue 2021: $8,376,682Expenses 2021: $8,170,069Net Income 2021: $206,6132021Revenue 2022: $9,037,763Expenses 2022: $9,336,932Net Income 2022: -$299,1692022Revenue 2023: $10,293,896Expenses 2023: $9,976,400Net Income 2023: $317,4962023Revenue 2024: $10,264,025Expenses 2024: $10,631,437Net Income 2024: -$367,4122024

Highlighted filing

2024

Revenue$10,264,025
Expenses$10,631,437
Net Income-$367,412
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,285,107
Liabilities
$21,199,498
Net assets
$2,085,609
Revenue
$10,264,025
Expenses
$10,631,437
Net income
-$367,412
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.3$21.2$2.09$10.3$10.6$0.37
2023Detailed filing. Detailed filing data is available for this year.$24.0$21.5$2.45$10.3$9.98$0.32
2022Detailed filing. Detailed filing data is available for this year.$15.9$13.7$2.14$9.04$9.34$0.30
2021Detailed filing. Detailed filing data is available for this year.$15.9$13.4$2.43$8.38$8.17$0.21
2020Detailed filing. Detailed filing data is available for this year.$13.7$11.5$2.23$8.24$7.45$0.79
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.42$1.44$7.03$6.16$0.86
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.62$0.57$6.18$5.76$0.43
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.52$0.15$6.42$6.17$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.82$0.11$5.76$6.59$0.84
2015Detailed filing. Detailed filing data is available for this year.$1.29$0.56$0.73$6.69$7.05$0.36
2014Detailed filing. Detailed filing data is available for this year.$1.76$0.68$1.09$6.05$5.74$0.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$10,264,025
Mission and Program Overview

Mission

The mission of richard wright public charter school for journalism and media arts is to transform students in grades 8-12 into well-versed medial contributors by providing a student-centered environment that connects them to the classics and modern languages and a curriculum focused on strong writing skills and vocabulary.

The mission of richard wright public charter school for journalism and media arts is to transform students in grades 8-12 into well-versed medial contributors by providing a student-centered environment that connects them to the classic and modern languages and a curriculum focused on strong writing skills and vocabulary.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,429,915$8,847,278▼ $582,637
Cash and Non-Interest-Bearing Accounts$4,284,580$5,774,656▲ $1,490,076
Pledges and Grants Receivable$1,542,122$457,034▼ $1,085,088
Accounts Receivable$408,038$330,948▼ $77,090
Prepaid Expenses and Deferred Charges$21,696$6,955▼ $14,741
Total Assets$23,962,016$23,285,107▼ $676,909
Other Assets Total$8,275,665$7,868,236▼ $407,429
Liabilities
Unsecured Notes Loans Payable$12,031,057$11,961,010▼ $70,047
Other Liabilities$8,867,555$8,485,564▼ $381,991
Accounts Payable and Accrued Expenses$610,383$752,924▲ $142,541
Total Liabilities$21,508,995$21,199,498▼ $309,497
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,453,021$2,085,609▼ $367,412
Total Net Assets Fund Balance$2,453,021$2,085,609▼ $367,412
Total Liabilities and Net Assets / Fund Balance$23,962,016$23,285,107▼ $676,909

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,529,855$3,113,380$11,643,235
Equipment$211,293$1,151,195$1,362,488
Other Land Buildings$106,130-$106,130
Other Assets Org$7,406,889--
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Marco ClarkHead of SchoolFT$238,011$6,395$244,406
Alisha Roberts-funderburkChief of OperationsFT$216,220$429$216,649

Board Members and Trustees

NameTitle
Derwin RossChairman of the Baord
Wayne EleyVice Chairman/treasurer
Amenika HollyTrustee
Chris FrattaTrustee
Gregory K Adams SrTrustee
Jelani James EsqTrustee
Leaonard UpsonTrustee
Marcia L DysonTrustee
Michael Eric DysonTrustee
Obi HollyTrustee
Percy Master P MillerTrustee
Rev Melvin Milton MaxwellTrustee
Troy Priest EsqTrustee
Essie CharlesParent Outreach
Kyshia BriscoeParent/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Tellurium LLCRent1627 K STREET NW SUITE 270, Washington, DC 20006$993,690
City FirstLoan Interest1432 U STREET NW, Washington, DC 20009$440,511
Dc Treasurer Office Of Tax And RevenueProperty TaxesPO BOX 98095, Washington, MD 20090$255,139
PepcoElectricityPO BOX 97274, Washington, DC 20090-7274$219,291
Building Acquistion & ServicesCleaning Services117 EAGLE HEAD DRIVE, Fort Washington, MD 20744$200,350
Revenue and Support

Revenue Composition

Contributions and Grants
$1,550,726
Program Service Revenue
$8,164,823
Investment Income
$0
Other Revenue
$548,476
All Other Contributions
$170,779
Change in Net Assets
$-367,412

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,264,025
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,264,025
Total Revenue per Form 990
$10,264,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,377,558
Salaries, Compensation, and Employee Benefits$5,253,879
Total Fundraising Expense$87,854
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,666,222$263,863$37,771$3,967,856
Occupancy$1,704,335$135,491$14,263$1,854,089
Depreciation Depletion$962,158$76,490$8,051$1,046,699
Interest$573,640$45,603$4,800$624,043
Other Employee Benefits$439,241$35,918$5,478$480,637
Current Officers, Directors, Trustees, and Key Employees$391,897$57,632$11,526$461,055
Payroll Taxes$314,693$25,713$3,925$344,331
Fees for Services Other$223,620$19,649-$243,269
Information Technology$174,230$13,851$1,458$189,539
Other Expenses$89,206$7,092-$96,298
Travel$74,252$6,067-$80,319
Insurance$70,356$5,593$589$76,538
Conferences and Meetings$236$19-$255
Office Expenses$-1,006$-80$-7$-1,093
Total Functional Expenses$9,563,239$980,344$87,854$10,631,437

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,631,437
Total Expenses per Audited Statements$10,631,437
Total Expenses per Form 990$10,631,437
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating$8,237,863
Lease Liability - Financing$197,701
Deposit Liabilities$50,000
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
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 A, Line 2

“Trustees obi holly and carla holly are married. As well as trustees marcia l. Dyson and michael eric dyson.”

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

“Board of trustess, chief executive officer, chief operating officer, and accountant team review the form.”

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

“The board of trustees are required to sign a conflict of interest disclosure statement annually.”

Form 990, Part VI, Section B, Line 15

“The executive committee reviews market comparables for the head of school and top management positions and develops compensation amounts based on these comparables. The executive committee conducts this process on an annual basis and approves salary amounts on an annual basis.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Richard Wright Public Charter School
EIN
27-2713037
Phone
2023881011
Address
475 SCHOOL STREET SW, WASHINGTON, DC 20024

Signing Officer

Name
Dr Marco Clark
Title
Head of School
Phone
2023881011
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Marco Clark
Formed
2010
Legal Domicile
Dc
Voting Board Members
15
Independent Board Members
15
Employees
64
Volunteers
0

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Monique Booker
Phone
4105840060
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

“The board assumes responsibility for oversight of the audit and selection of an independent accountant and this process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The school is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and applicable district of columbia income tax laws. Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The school performed an evaluation of uncertain tax positions as of june 30, 2024 and 2023, and determined that there were no matters that would require recognition in the financial statements or which may have any effect on its tax- exempt status. As of june 30, 2024 the statute of limitations for fiscal years 2021 through 2024, remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the school files tax returns. It is the school's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.”

Raw XML AppendixShowing 400 of 596 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ARTS IS TO TRANSFORM STUDENTS IN GRADES 8-12 INTO WELL-VERSED MEDIAL CONTRIBUTORS BY PROVIDING A STUDENT-CENTERED ENVIRONMENT THAT CONNECTS THEM TO THE CLASSIC AND MODERN LANGUAGES AND A CURRICULUM FOCUSED ON STRONG WRITING SKILLS AND VOCABULARY.
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IRS990/Desc0NAMED AFTER PROMINENT AFRICAN AMERICAN NOVELIST, RICHARD WRIGHT, THE CHARTER SCHOOL WILL EMPHASIZE THE DEVELOPMENT OF STUDENTS' SKILLS IN COMMUNICATION AND EXPRESSION, WHILE PROVIDING A COMPREHENSIVE EDUCATION THAT PREPARES STUDENTS FOR COLLEGE AND CAREER. THE CHARTER SCHOOL HAS ADOPTED THE BOSTON LATIN SCHOOL FRAMEWORK FOR GRADES 8-12 AND ALIGNED THE CURRICULUM TO DCPS LEARNING STANDARDS, WHERE APPLICABLE. THE BOSTON LATIN MODEL HAS PROVEN TO BE SUCCESSFUL FOR WELL OVER 300 YEARS. THE CHARTER SCHOOL WILL REVIEW ITS CURRICULUM ANNUALLY TO ENSURE ADHERENCE TO STATE AND FEDERAL ACADEMIC GOALS AND TO INCORPORATE BEST PRACTICES FROM EDUCATION RESEARCH.PHILOSOPHY: THE CHARTER SCHOOL WILL CONNECT OUR STUDENTS WITH THE CULTURE OF THE CLASSIC AND MODERN LANGUAGES, WHILE ENHANCING THEIR EDUCATION THROUGH AN EXPLORATION OF JOURNALISM AND MEDIA ARTS. THE CHARTER SCHOOL BELIEVES IN THE FOLLOWING CORE VALUES, WHICH WILL BE INSTILLED BY THE ADMINISTRATION AND STAFF AND DEMONSTRATED BY STUDENTS ON A DAILY BASIS: O SELF-DISCIPLINE O ACADEMIC RIGOR O MORAL CONVICTION O SELF-RESPECT O POSITIVE ENERGY.
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