Civic Intelligence

Bdc a Public Charter School Inc.

990 • Fiscal year 2021 • EIN 45-3369822

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

410 8th Street NWWashington, DC 20004

(202) 808-0643

Siviq Scores

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

Liabilities / Assets

45th percentile

0.13x

Higher debt load relative to assets than 45% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

21st percentile

0.05x

Higher debt load relative to revenue than 21% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

52nd percentile

13%

Higher net margin than 52% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

48th percentile

$165,028

Higher top officer pay than 48% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

91st percentile

54%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

9.6%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,085,376

Up $1,774,625 (+54%) from 2020

Net Assets

Up

$4,424,259

Up $1,628,542 (+58%) from 2020

Liabilities

Up

$661,117

Up $146,083 (+28%) from 2020

Revenue

Up

$12,257,470

Up $1,076,385 (+9.6%) from 2020

Expenses

Up

$10,628,928

Up $39,965 (+0.4%) from 2020

Net Income

Up

$1,628,542

Up $1,036,420 (+175%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$5,085,376
Liabilities$661,117
Net Assets$4,424,259

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$12,257,470
Expenses$10,628,928
Net Income$1,628,542
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.0
Gross Receipts
$12,257,470
Mission and Program Overview

Mission

Basis dc will provide an accelerated liberal arts education at internationally competitive levels for all students. The rigorous college preparatory education at basis readies students for college admission process, helps them become eligible for scholarships, prepares them to prosper at top colleges, and enriches their lives.

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$2,741,560$4,357,700▲ $1,616,140
Land, Buildings, and Equipment, Net$375,339$386,252▲ $10,913
Pledges and Grants Receivable$80,332$245,495▲ $165,163
Prepaid Expenses and Deferred Charges$34,947$63,509▲ $28,562
Accounts Receivable$57,397$31,045▼ $26,352
Total Assets$3,310,751$5,085,376▲ $1,774,625
Other Assets Total$21,176$1,375▼ $19,801
Liabilities
Accounts Payable and Accrued Expenses$514,434$661,117▲ $146,683
Other Liabilities$600--
Total Liabilities$515,034$661,117▲ $146,083
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,538,495$4,146,099▲ $1,607,604
Net Assets With Donor Restrictions$257,222$278,160▲ $20,938
Total Net Assets Fund Balance$2,795,717$4,424,259▲ $1,628,542
Total Liabilities and Net Assets / Fund Balance$3,310,751$5,085,376▲ $1,774,625

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$106,326$493,554$599,880
Leasehold Improvements$264,746$51,297$316,043
Other Land Buildings$15,180$277,827$293,007
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Deanna RoweExecutive Di$8,375$156,653$165,028
Deanna RoweExecutive Director$8,375$394$8,769

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Basis Educational GroupLeased Employee7975 N HAYDEN ROAD SUITE B201, Scottsdale, AZ 85258$6,272,145
Basis Educational GroupManagement & Sc7975 N HAYDEN ROAD SUITE B201, Scottsdale, AZ 85258$1,405,297
Dc Public Charter School BoardAuthorizer Fee3333 14TH STREET NW 210, Washington, DC 20010$104,759
Revenue and Support

Revenue Composition

Contributions and Grants
$792,118
Program Service Revenue
$11,455,152
Investment Income
$0
Other Revenue
$10,200
All Other Contributions
$246,387
Change in Net Assets
$1,628,542

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,257,470
Total Revenue per Audited Statements
$12,257,470
Total Revenue per Form 990
$12,257,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,279,538
Other Expenses$4,349,390
Total Fundraising Expense$51,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,913,468$287,325$31,200$5,231,993
Occupancy$2,055,317$155,268-$2,210,585
Fees for Services Management$1,306,591$98,706-$1,405,297
Payroll Taxes$433,760$25,365$2,754$461,879
Other Employee Benefits$400,213$23,403$2,541$426,157
Fees for Services Other$185,628$11,308$22$196,958
Pension Plan Contributions$149,798$8,760$951$159,509
Depreciation Depletion$76,116$4,735-$80,851
Insurance$56,566$4,273-$60,839
Information Technology$57,413$2,932-$60,345
Office Expenses$36,307$2,743$199$39,249
All Other Expenses$12,286$552$14,016$26,854
Fees for Services Accounting-$23,800-$23,800
Other Expenses$15,673$1,184-$16,857
Advertising$11,298--$11,298
Fees for Services Legal-$7,951-$7,951
Travel$1,438$109$3$1,550
Total Functional Expenses$9,909,364$667,878$51,686$10,628,928

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,628,928
Total Expenses per Audited Statements$10,628,928
Total Expenses per Form 990$10,628,928
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
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 8,375 for the 2020/2021 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
2022-05-13
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
8

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Richard M Jones 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 over 650 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 partnership for assessment of readiness in college and careers (parcc) test.

Financial Statement Notes

Schedule D, Page 3, Part X

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

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IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0545731
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012257470
IRS990/GrossRentsGrp/RealAmt010200
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02932
IRS990/InformationTechnologyGrp/ProgramServicesAmt057413
IRS990/InformationTechnologyGrp/TotalAmt060345
IRS990/InsuranceGrp/ManagementAndGeneralAmt04273
IRS990/InsuranceGrp/ProgramServicesAmt056566
IRS990/InsuranceGrp/TotalAmt060839
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0822678
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0375339
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0386252
IRS990/LandBldgEquipCostOrOtherBssAmt01208930
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF BASIS DC IS TO EMPOWER STUDENTS TO ACHIEVE AT GLOBALLY COMPETITIVE LEVELS WITH A TRANSFORMATIVE ACADEMIC PROGRAM.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02795717
IRS990/NetAssetsOrFundBalancesEOYAmt04424259
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt010200
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt010200
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02538495
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04146099
IRS990/NoncashContributionsAmt04779
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0155268
IRS990/OccupancyGrp/ProgramServicesAmt02055317
IRS990/OccupancyGrp/TotalAmt02210585
IRS990/OfficeExpensesGrp/FundraisingAmt0199
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02743
IRS990/OfficeExpensesGrp/ProgramServicesAmt036307
IRS990/OfficeExpensesGrp/TotalAmt039249
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021176
IRS990/OtherAssetsTotalGrp/EOYAmt01375
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02541
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023403
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0400213
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0426157
IRS990/OtherExpensesGrp/Desc0AUTHORIZER FEE
IRS990/OtherExpensesGrp/Desc1DIRECT STUDENT COSTS
IRS990/OtherExpensesGrp/Desc2RECRUITMENT
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENT & MAINT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07467
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11997
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21184
IRS990/OtherExpensesGrp/ProgramServicesAmt098838
IRS990/OtherExpensesGrp/ProgramServicesAmt172224
IRS990/OtherExpensesGrp/ProgramServicesAmt226430
IRS990/OtherExpensesGrp/ProgramServicesAmt315673
IRS990/OtherExpensesGrp/TotalAmt0106305
IRS990/OtherExpensesGrp/TotalAmt172224
IRS990/OtherExpensesGrp/TotalAmt228427
IRS990/OtherExpensesGrp/TotalAmt316857
IRS990/OtherLiabilitiesGrp/BOYAmt0600
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt031200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0287325
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04913468
IRS990/OtherSalariesAndWagesGrp/TotalAmt05231993
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02754
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025365
IRS990/PayrollTaxesGrp/ProgramServicesAmt0433760
IRS990/PayrollTaxesGrp/TotalAmt0461879
IRS990/PensionPlanContributionsGrp/FundraisingAmt0951
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08760
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0149798
IRS990/PensionPlanContributionsGrp/TotalAmt0159509
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt080332
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0245495
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034947
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063509
IRS990/PrincipalOfficerNm0DEANNA ROWE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011363367
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt191785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011363367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt191785
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0388732
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt04408839
IRS990/PYOtherRevenueAmt09950
IRS990/PYProgramServiceRevenueAmt010782403
IRS990/PYRevenuesLessExpensesAmt0592122
IRS990/PYSalariesCompEmpBnftPaidAmt06180124
IRS990/PYTotalExpensesAmt010588963
IRS990/PYTotalRevenueAmt011181085
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01628542
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt010200
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt011455152
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0106326
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0493554
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0599880
IRS990ScheduleD/ExpensesSubtotalAmt010628928
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0264746
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt051297
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0316043
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015180
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0277827
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0293007
IRS990ScheduleD/RevenueSubtotalAmt012257470
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAD NO LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0386252
IRS990ScheduleD/TotalExpensesPerForm990Amt010628928
IRS990ScheduleD/TotalRevenuePerForm990Amt012257470
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012257470
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010628928
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
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.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt08375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0148778
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt0394
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07481
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEANNA ROWE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt08769
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0156259
IRS990ScheduleJ/SeverancePaymentInd0false
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.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
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 OVER 650 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 PARTNERSHIP FOR ASSESSMENT OF READINESS IN COLLEGE AND CAREERS (PARCC) 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 8,375 FOR THE 2020/2021 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6

Document Assets

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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
2021Detailed filing. Detailed filing data is available for this year.$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