Civic Intelligence

DC Hebrew Language Charter School DBA Sela Public Charter School

990 • Fiscal year 2017 • EIN 45-2625029

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 09, 2018

6015-17 Chillum Place NEWashington, DC 20011

(202) 670-7352

Siviq Scores

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

Liabilities / Assets

78th percentile

0.45x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

44th percentile

1.3%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$148,664

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

25%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,248,051

Up $163,911 (+15%) from 2016

Net Assets

Up

$685,530

Up $48,552 (+7.6%) from 2016

Liabilities

Up

$562,521

Up $115,359 (+26%) from 2016

Revenue

Up

$3,679,864

Up $743,376 (+25%) from 2016

Expenses

Up

$3,631,312

Up $1,071,093 (+42%) from 2016

Net Income

Down

$48,552

Down $327,717 (-87%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2012: $4,029Liabilities 2012: $12,0622012Assets 2013: $157,033Liabilities 2013: $118,779Net Assets 2013: $38,2542013Assets 2014: $317,629Liabilities 2014: $438,662Net Assets 2014: -$121,0332014Assets 2015: $711,650Liabilities 2015: $450,941Net Assets 2015: $260,7092015Assets 2016: $1,084,140Liabilities 2016: $447,162Net Assets 2016: $636,9782016Assets 2017: $1,248,051Liabilities 2017: $562,521Net Assets 2017: $685,5302017Assets 2018: $1,449,386Liabilities 2018: $668,268Net Assets 2018: $781,1182018Assets 2019: $1,463,634Liabilities 2019: $535,859Net Assets 2019: $927,7752019Assets 2020: $2,010,713Liabilities 2020: $881,153Net Assets 2020: $1,129,5602020Assets 2021: $2,565,038Liabilities 2021: $840,775Net Assets 2021: $1,724,2632021Assets 2022: $3,185,009Liabilities 2022: $514,899Net Assets 2022: $2,670,1102022Assets 2023: $10,984,633Liabilities 2023: $7,941,963Net Assets 2023: $3,042,6702023Assets 2024: $11,249,856Liabilities 2024: $8,112,336Net Assets 2024: $3,137,5202024

Highlighted filing

2017

Assets$1,248,051
Liabilities$562,521
Net Assets$685,530

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $39,893Expenses 2012: $47,926Net Income 2012: -$8,0332012Expenses 2013: $210,3522013Revenue 2014: $1,828,670Expenses 2014: $1,987,958Net Income 2014: -$159,2882014Revenue 2015: $2,397,797Expenses 2015: $2,016,055Net Income 2015: $381,7422015Revenue 2016: $2,936,488Expenses 2016: $2,560,219Net Income 2016: $376,2692016Revenue 2017: $3,679,864Expenses 2017: $3,631,312Net Income 2017: $48,5522017Revenue 2018: $4,406,616Expenses 2018: $4,311,028Net Income 2018: $95,5882018Revenue 2019: $4,831,680Expenses 2019: $4,685,023Net Income 2019: $146,6572019Revenue 2020: $4,881,620Expenses 2020: $4,679,835Net Income 2020: $201,7852020Revenue 2021: $5,498,120Expenses 2021: $4,903,417Net Income 2021: $594,7032021Revenue 2022: $7,432,241Expenses 2022: $6,486,394Net Income 2022: $945,8472022Revenue 2023: $7,652,890Expenses 2023: $7,280,330Net Income 2023: $372,5602023Revenue 2024: $8,277,658Expenses 2024: $8,224,659Net Income 2024: $52,9992024

Highlighted filing

2017

Revenue$3,679,864
Expenses$3,631,312
Net Income$48,552
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 9, 2018
Return Version
2016v3.0
Gross Receipts
$3,679,864
Mission and Program Overview

Mission

D.c. Hebrew language charter school is a public charter school that offers grades pre-k through 5th grade in the district of columbia which began with the 2013-2014 academic school year. The school is the first hebrew language immersion public charter school in the district of columbia. The school is the only hebrew language charter school in the united states where children learn all subjects in both english and hebrew.

The mission of sela is to offer children of all ethnic and socioeconomic backgrounds in the district of columbia, from pre-k to 5th grade, the opportunities to achieve academic excellence in a safe, nurturing environment that focuses on hebrew language immersion, promotes the value of diversity and provides the skills for taking action in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$653,732$567,162▼ $86,570
Land, Buildings, and Equipment, Net$133,397$192,120▲ $58,723
Pledges and Grants Receivable$23,262$183,426▲ $160,164
Accounts Receivable$89,452$150,095▲ $60,643
Savings and Temporary Cash Investments$61,006$61,037▲ $31
Prepaid Expenses and Deferred Charges$55,198$31,446▼ $23,752
Total Assets$1,084,140$1,248,051▲ $163,911
Other Assets Total$68,093$62,765▼ $5,328
Liabilities
Other Liabilities$266,364$383,811▲ $117,447
Accounts Payable and Accrued Expenses$121,473$118,277▼ $3,196
Deferred Revenue$59,325$60,433▲ $1,108
Total Liabilities$447,162$562,521▲ $115,359
Net Assets / Fund Balance
Unrestricted Net Assets$460,519$605,530▲ $145,011
Temporarily Rstr Net Assets$176,459$80,000▼ $96,459
Total Net Assets Fund Balance$636,978$685,530▲ $48,552
Total Liabilities and Net Assets / Fund Balance$1,084,140$1,248,051▲ $163,911

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74,356$127,983$202,339
Leasehold Improvements$117,764$52,803$170,567
Other Assets Org$62,765--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natalie Smith - Past ExecutiveDirectorFT$139,600$9,064$148,664
Jenifer MooreExecutive DiFT$102,045$3,061$105,106

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Revolution FoodsFood Service6219 COLUMBIA PARK ROAD, Hyattsville, MD 20785$117,836
End-to-end Solutions For SpecialSpecial Ed714 G STREET SE SUITE 201, Washington, DC 20003$115,001
Revenue and Support

Revenue Composition

Contributions and Grants
$538,595
Program Service Revenue
$3,141,269
Investment Income
$0
Other Revenue
$0
All Other Contributions
$187,729
Change in Net Assets
$48,552

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,679,864
Total Revenue per Audited Statements
$3,679,864
Total Revenue per Form 990
$3,679,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,151,896
Other Expenses$1,479,416
Total Fundraising Expense$114,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,381,951$185,962$53,952$1,621,865
Occupancy$549,929$74,001$21,469$645,399
Current Officers, Directors, Trustees, and Key Employees$212,829$28,639$8,309$249,777
Payroll Taxes$132,555$17,837$5,175$155,567
Other Employee Benefits$101,517$13,661$3,962$119,140
Fees for Services Accounting$63,685$8,570$2,488$74,743
Depreciation Depletion$54,317$7,310$2,120$63,747
Office Expenses$54,078$7,276$2,111$63,465
Information Technology$14,579$1,962$569$17,110
Advertising$12,901--$12,901
Fees for Services Other$1,129$152$11,039$12,320
Other Expenses$7,826$3,311$57$11,194
Fees for Services Legal-$10,800-$10,800
Insurance$7,259$977$283$8,519
Pension Plan Contributions$4,725$636$186$5,547
Total Functional Expenses$3,140,194$376,568$114,550$3,631,312

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,631,312
Total Expenses per Audited Statements$3,631,312
Total Expenses per Form 990$3,631,312
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
Deferred Rent$383,811
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director and the finance committee of the board review the form 990 prior to filing. Any questions related to the form 990 are resolved prior to submitting the form to the irs. A copy of the form 990 is also provided to the full board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

Annually the conflict of interest policy is reviewed with all board members, officers and key employees. Any conflicts of interest are disclosed and compliance with the policy is adhered to.

Form 990, Page 6, Part VI, Line 15A

The executive director's compensation level is reviewed and approved annually by the board of directors. Comparable data from other similar organizations is considered along with other factors in establishing the compensation level.

Form 990, Page 6, Part VI, Line 15B

The key employees' compensation level is reviewed and approved annually by the board of directors. Comparable data from other similar organizations is considered along with other factors in establishing the compensation level.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Dc Hebrew Language Charter School
EIN
45-2625029
Phone
2026707352
Address
6015-17 CHILLUM PLACE NE, WASHINGTON, DC 20011
Doing Business As
Sela Public Charter School

Signing Officer

Name
Jenifer Moore
Title
Executive Director
Phone
2026707352
Signed
2018-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenifer Moore
Formed
2011
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
64
Volunteers
14

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Robert F Prebola CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of sela is to offer children of all ethnic and socioeconomic backgrounds in the district of columbia, from pre-k to 5th grade, the opportunities to achieve academic excellence in a safe, nurturing environment that focuses on hebrew language immersion, promotes the value of diversity and provides the skills for taking action in the world.

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in sela'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. Sela performed an evaluation of uncertain tax positions for the year ended june 30, 2017, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of june 30, 2017, the statute of limitations for tax years 2013 through 2015 remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the organization files tax returns. It is sela's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of june 30, 2017, sela had no accruals for interest and/or penalties.

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IRS990/MissionDesc0THE MISSION OF SELA IS TO OFFER CHILDREN OF ALL ETHNIC AND SOCIOECONOMIC BACKGROUNDS IN THE DISTRICT OF COLUMBIA, FROM PRE-K TO 5TH GRADE, THE OPPORTUNITIES TO ACHIEVE ACADEMIC EXCELLENCE IN A SAFE, NURTURING ENVIRONMENT THAT FOCUSES ON HEBREW LANGUAGE IMMERSION, PROMOTES THE VALUE OF DIVERSITY AND PROVIDES THE SKILLS FOR TAKING ACTION IN THE WORLD.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN SELA'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. SELA PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2017, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2017, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2013 THROUGH 2015 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. IT IS SELA'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2017, SELA HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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