Civic Intelligence

Bdc a Public Charter School Inc

EIN 45-3369822 • 501(c)3 • Washington, DC

Profile

To provide an academically and rigorous liberal arts college preparatory education to middle and high school students of the district of columbia.

410 8th Street NWWashington, DC 20004

www.basisdc.org

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.99x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

1.73x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

58th percentile

7.6%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$216,353

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

27th percentile

-0.8%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

17%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$28,694,378

Down $245,969 (-0.8%) from 2023

Liabilities

Down

$28,368,613

Down $1,490,605 (-5.0%) from 2023

Net Assets

Up

$325,765

Up $1,244,636 (+135%) from 2023

Revenue

Up

$16,351,436

Up $2,316,478 (+17%) from 2023

Expenses

Up

$15,106,800

Up $1,473,880 (+11%) from 2023

Net Income

Up

$1,244,636

Up $842,598 (+210%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2012: $141,305Liabilities 2012: $215,3342012Assets 2013: $873,863Liabilities 2013: $553,282Net Assets 2013: $320,5812013Assets 2014: $828,312Liabilities 2014: $822,779Net Assets 2014: $5,5332014Assets 2015: $673,700Liabilities 2015: $363,407Net Assets 2015: $310,2932015Assets 2016: $1,769,806Liabilities 2016: $376,710Net Assets 2016: $1,393,0962016Assets 2017: $1,819,912Liabilities 2017: $484,447Net Assets 2017: $1,335,4652017Assets 2018: $2,344,385Liabilities 2018: $742,133Net Assets 2018: $1,602,2522018Assets 2019: $2,792,698Liabilities 2019: $589,103Net Assets 2019: $2,203,5952019Assets 2020: $3,310,751Liabilities 2020: $515,034Net Assets 2020: $2,795,7172020Assets 2021: $5,085,376Liabilities 2021: $661,117Net Assets 2021: $4,424,2592021Assets 2022: $6,612,597Liabilities 2022: $1,119,270Net Assets 2022: $5,493,3272022Assets 2023: $28,940,347Liabilities 2023: $29,859,218Net Assets 2023: -$918,8712023Assets 2024: $28,694,378Liabilities 2024: $28,368,613Net Assets 2024: $325,7652024

Highlighted filing

2024

Assets$28,694,378
Liabilities$28,368,613
Net Assets$325,765

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2012: $197,942Expenses 2012: $271,971Net Income 2012: -$74,0292012Expenses 2013: $6,021,7802013Revenue 2014: $7,548,450Expenses 2014: $7,863,498Net Income 2014: -$315,0482014Revenue 2015: $8,320,915Expenses 2015: $8,114,592Net Income 2015: $206,3232015Revenue 2016: $9,097,704Expenses 2016: $8,014,901Net Income 2016: $1,082,8032016Revenue 2017: $9,219,552Expenses 2017: $9,277,183Net Income 2017: -$57,6312017Revenue 2018: $9,878,939Expenses 2018: $9,612,152Net Income 2018: $266,7872018Revenue 2019: $10,807,145Expenses 2019: $10,205,802Net Income 2019: $601,3432019Revenue 2020: $11,181,085Expenses 2020: $10,588,963Net Income 2020: $592,1222020Revenue 2021: $12,257,470Expenses 2021: $10,628,928Net Income 2021: $1,628,5422021Revenue 2022: $13,066,357Expenses 2022: $11,997,289Net Income 2022: $1,069,0682022Revenue 2023: $14,034,958Expenses 2023: $13,632,920Net Income 2023: $402,0382023Revenue 2024: $16,351,436Expenses 2024: $15,106,800Net Income 2024: $1,244,6362024

Highlighted filing

2024

Revenue$16,351,436
Expenses$15,106,800
Net Income$1,244,636

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$28.4$0.33$16.4$15.1$1.24
2023Summary only. Only limited summary data is available for this year.$28.9$29.9$0.92$14.0$13.6$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.61$1.12$5.49$13.1$12.0$1.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.09$0.66$4.42$12.3$10.6$1.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.52$2.80$11.2$10.6$0.59
2019Summary only. Only limited summary data is available for this year.$2.79$0.59$2.20$10.8$10.2$0.60
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.74$1.60$9.88$9.61$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.48$1.34$9.22$9.28$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.38$1.39$9.10$8.01$1.08
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.36$0.31$8.32$8.11$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.82$0.01$7.55$7.86$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.55$0.32$6.02
2012Summary only. Only limited summary data is available for this year.$0.14$0.22$0.20$0.27$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$16,351,436
Mission and Program Overview

Mission

The mission of basis dc is to empower students to achieve at globally competitive levels with a transformative academic program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,521,611$7,410,490▲ $888,879
Land, Buildings, and Equipment, Net$724,542$748,143▲ $23,601
Prepaid Expenses and Deferred Charges$53,417$236,984▲ $183,567
Accounts Receivable$114,581$73,670▼ $40,911
Pledges and Grants Receivable$252,367$70,745▼ $181,622
Total Assets$28,940,347$28,694,378▼ $245,969
Other Assets Total$21,273,829$20,154,346▼ $1,119,483
Liabilities
Other Liabilities$28,527,120$27,178,652▼ $1,348,468
Accounts Payable and Accrued Expenses$1,331,990$1,181,601▼ $150,389
Deferred Revenue$108$8,360▲ $8,252
Total Liabilities$29,859,218$28,368,613▼ $1,490,605
Net Assets / Fund Balance
Net Assets With Donor Restrictions$272,434$193,061▼ $79,373
Net Assets Without Donor Restrictions$-1,191,305$132,704▲ $1,324,009
Total Net Assets Fund Balance$-918,871$325,765▲ $1,244,636
Total Liabilities and Net Assets / Fund Balance$28,940,347$28,694,378▼ $245,969

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$453,922$964,844$1,418,766
Other Land Buildings$70,371$340,472$410,843
Leasehold Improvements$223,850$92,193$316,043
Other Assets Org$1,968--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Deanna RoweExecutive Di$9,881$206,472$216,353
Deanna RoweExecutive Director$9,431$1,387$10,818

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Basis Educational GroupLeased Employee7975 N HAYDEN ROAD SUITE B201, Scottsdale, AZ 85258$8,648,227
Basis Educational GroupManagement & Sc7975 N HAYDEN ROAD SUITE B201, Scottsdale, AZ 85258$1,819,410
Bradcorp Services INCJanitorial Svc7150 CHESAPEAKE RD STE 103, Landover Hills, MD 20784$119,364
Revenue and Support

Revenue Composition

Contributions and Grants
$1,718,310
Program Service Revenue
$14,633,126
Investment Income
$0
Other Revenue
$0
All Other Contributions
$380,942
Change in Net Assets
$1,244,636

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,351,436
Total Revenue per Audited Statements
$16,351,436
Total Revenue per Form 990
$16,351,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,581,061
Other Expenses$6,525,739
Total Fundraising Expense$49,383
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,625,122$584,601$22,881$7,232,604
Fees for Services Management$1,621,706$197,704-$1,819,410
Depreciation Depletion$1,228,176$145,527-$1,373,703
Interest$1,159,612$141,370-$1,300,982
Payroll Taxes$545,994$48,178$1,886$596,058
Other Employee Benefits$462,433$40,805$1,597$504,835
Occupancy$385,051$46,942-$431,993
Fees for Services Other$281,611$13,439$20$295,070
Pension Plan Contributions$226,770$20,010$784$247,564
Other Expenses$134,745$16,426-$151,171
All Other Expenses$113,632$13,989$22,113$149,734
Insurance$85,962$10,480-$96,442
Office Expenses$71,643$8,884$71$80,598
Advertising$68,833--$68,833
Fees for Services Legal-$43,691-$43,691
Travel$20,387$2,485$31$22,903
Fees for Services Accounting-$22,500-$22,500
Total Functional Expenses$13,682,975$1,374,442$49,383$15,106,800

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,106,800
Total Expenses per Audited Statements$15,106,800
Total Expenses per Form 990$15,106,800
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
Financing Lease Liability$25,171,159
Due to Basis Charter Schools$2,007,493
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Basis educational group is our educational management company which oversees all of our management duties.

Form 990, Page 6, Part VI, Line 6

As enacted by the articles of incorporation, basis dc has a sole member with voting rights as well as other rights and privileges as authorized by its governing documents. The sole member is basis charter schools, inc., a separately incorporated arizona not-for-profit 501(c)(3) organization that operates multiple charter schools.

Form 990, Page 6, Part VI, Line 7A

As the sole member, basis charter schools, inc. "bcsi" appointed the chair of the board of trustees. Bcsi may remove a trustee from the board for good cause.

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

The executive director of basis dc reviews the draft form 990 as prepared by the auditors and provides it to the full board of directors for review. Once comments have been received, and appropriately incorporated, the 990 return is executed by the executive director.

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

Board members complete a conflict of interest disclosure form identifying any relationships or circumstances which the board member believes could contribute to a conflict of interest. The disclosures are collected and used to monitor and enforce compliance. The organizations conflict of interest policy is included in the employee handbook and signed off by all employees. Enforcement is further monitored through the organizations internal controls.

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

Compensation for the executive director is determined by the member totaling 9,500 for the 2023/2024 school year, included in part ix, line 7

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

Compensation for school leaders is determined by basis educational group, llc, an outside management company. The organizations leased payroll budget is presented annually to the board of directors for approval.

Form 990, Page 6, Part VI, Line 19

These documents and policies are provided upon request. In addition, the 990 information tax return and the organizations financial statements are available for public inspection on the website of the dc public charter school board.

Filing and Contact Details

Filer

Filer Name
Bdc a Public Charter School Inc
EIN
45-3369822
Phone
2028080643
Address
410 8TH STREET NW, WASHINGTON, DC 20004

Signing Officer

Name
Deanna Rowe
Title
Executive Director
Phone
2028080643
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deanna Rowe
Formed
2011
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

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

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers are board members that oversee the operations of the corporation including the operation of its charter school.

Form 990, Page 2, Part III, Line 4A

Basis washington dc opened in 2012 as the first basis charter school outside of arizona and serves approximately 690 students in grades 5-12 traveling from all eight wards. The school operates on the principle that math, science, and the humanities are not disparate but complementary ways of communicating and the belief that any student can achieve at high levels, and that any student is capable of becoming someone who loves to learn. The basis high school curriculum is consistently ranked among the top high school programs in the country by u.s. News & world report and the washington post, among other publications. Basis dc is annually ranked as a regional top performer on the dc comprehensive assessments of progress in education (dc cape) test.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization had no liability for uncertain tax positions under fin 48 asc 740)

Raw XML AppendixShowing 400 of 532 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.

Path#Value
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAD NO LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 ASC 740)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES ITS NON-DISCRIMINATORY POLICY IN A VARIETY OF PUBLICATIONS INCLUDING THE PARENT/STUDENT HANDBOOK AND WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IN ITS OPERATION AS A PUBLIC CHARTER SCHOOL RECEIVES PER PUPIL FUNDING AND FEDERAL AND STATE FINANCIAL ASSISTANCE IN ACCORDANCE WITH THE LAW AND ASSOCIATED FUNDING SCHEDULES.
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE MEMBER THROUGH AN ANNUAL REVIEW PROCESS. BASIS DC IS ASSIGNED COSTS PROPORTIONATELY FOR THE WORK IN THE REGION. THE ASSOCIATED COSTS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL ANNUALLY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ARE BOARD MEMBERS THAT OVERSEE THE OPERATIONS OF THE CORPORATION INCLUDING THE OPERATION OF ITS CHARTER SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BASIS WASHINGTON DC OPENED IN 2012 AS THE FIRST BASIS CHARTER SCHOOL OUTSIDE OF ARIZONA AND SERVES APPROXIMATELY 690 STUDENTS IN GRADES 5-12 TRAVELING FROM ALL EIGHT WARDS. THE SCHOOL OPERATES ON THE PRINCIPLE THAT MATH, SCIENCE, AND THE HUMANITIES ARE NOT DISPARATE BUT COMPLEMENTARY WAYS OF COMMUNICATING AND THE BELIEF THAT ANY STUDENT CAN ACHIEVE AT HIGH LEVELS, AND THAT ANY STUDENT IS CAPABLE OF BECOMING SOMEONE WHO LOVES TO LEARN. THE BASIS HIGH SCHOOL CURRICULUM IS CONSISTENTLY RANKED AMONG THE TOP HIGH SCHOOL PROGRAMS IN THE COUNTRY BY U.S. NEWS & WORLD REPORT AND THE WASHINGTON POST, AMONG OTHER PUBLICATIONS. BASIS DC IS ANNUALLY RANKED AS A REGIONAL TOP PERFORMER ON THE DC COMPREHENSIVE ASSESSMENTS OF PROGRESS IN EDUCATION (DC CAPE) TEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BASIS EDUCATIONAL GROUP IS OUR EDUCATIONAL MANAGEMENT COMPANY WHICH OVERSEES ALL OF OUR MANAGEMENT DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS ENACTED BY THE ARTICLES OF INCORPORATION, BASIS DC HAS A SOLE MEMBER WITH VOTING RIGHTS AS WELL AS OTHER RIGHTS AND PRIVILEGES AS AUTHORIZED BY ITS GOVERNING DOCUMENTS. THE SOLE MEMBER IS BASIS CHARTER SCHOOLS, INC., A SEPARATELY INCORPORATED ARIZONA NOT-FOR-PROFIT 501(C)(3) ORGANIZATION THAT OPERATES MULTIPLE CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AS THE SOLE MEMBER, BASIS CHARTER SCHOOLS, INC. "BCSI" APPOINTED THE CHAIR OF THE BOARD OF TRUSTEES. BCSI MAY REMOVE A TRUSTEE FROM THE BOARD FOR GOOD CAUSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTOR OF BASIS DC REVIEWS THE DRAFT FORM 990 AS PREPARED BY THE AUDITORS AND PROVIDES IT TO THE FULL BOARD OF DIRECTORS FOR REVIEW. ONCE COMMENTS HAVE BEEN RECEIVED, AND APPROPRIATELY INCORPORATED, THE 990 RETURN IS EXECUTED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS OR CIRCUMSTANCES WHICH THE BOARD MEMBER BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. THE DISCLOSURES ARE COLLECTED AND USED TO MONITOR AND ENFORCE COMPLIANCE. THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK AND SIGNED OFF BY ALL EMPLOYEES. ENFORCEMENT IS FURTHER MONITORED THROUGH THE ORGANIZATIONS INTERNAL CONTROLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE MEMBER TOTALING 9,500 FOR THE 2023/2024 SCHOOL YEAR, INCLUDED IN PART IX, LINE 7
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMPENSATION FOR SCHOOL LEADERS IS DETERMINED BY BASIS EDUCATIONAL GROUP, LLC, AN OUTSIDE MANAGEMENT COMPANY. THE ORGANIZATIONS LEASED PAYROLL BUDGET IS PRESENTED ANNUALLY TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THESE DOCUMENTS AND POLICIES ARE PROVIDED UPON REQUEST. IN ADDITION, THE 990 INFORMATION TAX RETURN AND THE ORGANIZATIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON THE WEBSITE OF THE DC PUBLIC CHARTER SCHOOL BOARD.

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