Civic Intelligence

Propel Charter School - Pitcairn

990 • Fiscal year 2014 • EIN 45-5249938

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 04, 2015

3447 East Carson StPittsburgh, PA 15203

(412) 325-7305

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.65x

Higher debt load relative to assets than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

77th percentile

0.53x

Higher debt load relative to revenue than 77% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

83rd percentile

$147,040

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

94th percentile

74%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

77th percentile

23%

Faster revenue growth than 77% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

$3,511,425

No earlier filing loaded for comparison.

Net Assets

$1,244,818

No earlier filing loaded for comparison.

Liabilities

$2,266,607

No earlier filing loaded for comparison.

Revenue

$4,307,663

No earlier filing loaded for comparison.

Expenses

$3,630,927

No earlier filing loaded for comparison.

Net Income

$676,736

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2014: $3,511,425Liabilities 2014: $2,266,607Net Assets 2014: $1,244,8182014Assets 2015: $4,816,034Liabilities 2015: $7,106,836Net Assets 2015: -$2,290,8022015Assets 2017: $5,250,602Liabilities 2017: $7,223,929Net Assets 2017: -$1,973,3272017Assets 2018: $5,223,562Liabilities 2018: $7,136,305Net Assets 2018: -$1,912,7432018Assets 2019: $4,543,583Liabilities 2019: $6,741,914Net Assets 2019: -$2,198,3312019Assets 2021: $3,575,860Liabilities 2021: $6,194,929Net Assets 2021: -$2,619,0692021Assets 2022: $2,999,102Liabilities 2022: $5,886,319Net Assets 2022: -$2,887,2172022Assets 2024: $2,937,343Liabilities 2024: $5,064,973Net Assets 2024: -$2,127,6302024

Highlighted filing

2014

Assets$3,511,425
Liabilities$2,266,607
Net Assets$1,244,818

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $4,307,663Expenses 2014: $3,630,927Net Income 2014: $676,7362014Revenue 2015: $5,402,590Expenses 2015: $4,752,035Net Income 2015: $650,5552015Revenue 2017: $5,347,535Expenses 2017: $5,450,685Net Income 2017: -$103,1502017Revenue 2018: $5,480,970Expenses 2018: $5,420,386Net Income 2018: $60,5842018Revenue 2019: $5,531,377Expenses 2019: $5,622,801Net Income 2019: -$91,4242019Revenue 2021: $5,463,030Expenses 2021: $5,457,703Net Income 2021: $5,3272021Revenue 2022: $5,171,075Expenses 2022: $5,418,259Net Income 2022: -$247,1842022Revenue 2024: $5,941,683Expenses 2024: $5,333,447Net Income 2024: $608,2362024

Highlighted filing

2014

Revenue$4,307,663
Expenses$3,630,927
Net Income$676,736
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 4, 2015
Return Version
2013v4.0
Gross Receipts
$4,307,663
Mission and Program Overview

Mission

Charter school for students in

Charter school for students in Kindergarten through Seventh grade. Propel's mission is to catalyze the transformation of public education so that all children have access to high performing public schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$748,917$2,178,821▲ $1,429,904
Rtn Earn Endowment Incm Other Fnds$568,082$1,244,818▲ $676,736
Savings and Temporary Cash Investments$330,499$368,291▲ $37,792
Cash and Non-Interest-Bearing Accounts$209,651$334,465▲ $124,814
Accounts Receivable$363,494$285,054▼ $78,440
Prepaid Expenses and Deferred Charges$270,000$240,000▼ $30,000
Pledges and Grants Receivable$100,931$104,794▲ $3,863
Total Assets$2,023,492$3,511,425▲ $1,487,933
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,077,480$1,932,036▲ $854,556
Other Liabilities$14,804$207,271▲ $192,467
Accounts Payable and Accrued Expenses$363,126$127,300▼ $235,826
Total Liabilities$1,455,410$2,266,607▲ $811,197
Net Assets / Fund Balance
Total Net Assets Fund Balance$568,082$1,244,818▲ $676,736
Total Liabilities and Net Assets / Fund Balance$2,023,492$3,511,425▲ $1,487,933

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,846,103$22,850$1,868,953
Equipment$332,718$135,299$468,017
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Tina ChekanSuperintendent$11,986$135,054$147,040
Darryl RobinsonBusiness Manager$10,222$114,817$125,039
Carol WootenChief Academic Officer$10,417$108,847$119,264

Board Members and Trustees

NameTitle
Wendy Etheridge SmithTrustee-President
Gretchen GenerettTrustee
Kristin HughesTrustee
Michael T AnselmoTrustee
Patrick KennyTrustee
William J AxtmanTrustee
Joshua CothermanTrustee-Secretary
Tom CanfieldTrustee-Treasurer
Stewart B BarmenTrustee-V. Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$323,997
Program Service Revenue
$3,982,990
Investment Income
$676
Other Revenue
$0
Change in Net Assets
$676,736

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,307,663
Total Revenue per Audited Statements
$4,307,663
Total Revenue per Form 990
$4,307,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,433,975
Other Expenses$1,196,952
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,813,792$2,500$0$1,816,292
Pension Plan Contributions$265,665$17$0$265,682
Fees for Services Other$255,843$0$0$255,843
Other Employee Benefits$211,861$9$0$211,870
Payroll Taxes$139,941$190$0$140,131
Fees for Services Management$0$121,665$0$121,665
Occupancy$97,179$0$0$97,179
Depreciation Depletion$90,011$4,737$0$94,748
Fees for Services Legal$0$89,545$0$89,545
Fees for Services Accounting$0$88,519$0$88,519
Information Technology$85,843$0$0$85,843
Office Expenses$77,407$0$0$77,407
Interest$62,848$0$0$62,848
Travel$59,839$0$0$59,839
Insurance$9,324$0$0$9,324
Other Expenses$5,562$0$0$5,562
Advertising$4,288$0$0$4,288
Conferences and Meetings$1,936$0$0$1,936
Total Functional Expenses$3,323,745$307,182$0$3,630,927

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,630,927
Total Expenses per Audited Statements$3,630,927
Total Expenses per Form 990$3,630,927
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
Payable to Related Organizations$207,271
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 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
Filing and Contact Details

Filer

EIN
45-5249938
Phone
4123257305

Signing Officer

Name
Larry Mckee
Title
Acting CFO
Phone
4123257305
Signed
2015-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Chekan
Formed
2011
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
76
Volunteers
0

Preparer

Preparer
Peter J Vancheri CPA
Phone
4123439200
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Form 990 was reviewed by the Business Manager and

Pt VI, Line 11B

Treasurer before filing with the IRS.

Pt VI, Line 12C

All trustees and officers are required to complete a

Pt VI, Line 12C

conflict of interest statement annually.

Pt VI, Line 15A

Compensation of the Superintendent is set annually by the

Pt VI, Line 15A

Board of Trustees following a review by the Board's Executive

Pt VI, Line 15A

Committee. As part of the process, the Executive Committee

Pt VI, Line 15A

considers compensation levels at other Western Pennsylvania nonprofit

Pt VI, Line 15A

organizations and school districts as reported in salary surveys

Pt VI, Line 15A

of the United Way and the Pennsylvania School Boards Association.

Pt VI, Line 15B

Other officers and key officials follow the same procedures

Pt VI, Line 15B

as described for Pt VI, Line 15a.

Pt VI, Line 19

Documents are available to the public upon request.

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IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt027104
IRS990/OtherExpensesGrp/ProgramServicesAmt117132
IRS990/OtherExpensesGrp/ProgramServicesAmt298170
IRS990/OtherExpensesGrp/ProgramServicesAmt35562
IRS990/OtherExpensesGrp/TotalAmt027104
IRS990/OtherExpensesGrp/TotalAmt117132
IRS990/OtherExpensesGrp/TotalAmt298170
IRS990/OtherExpensesGrp/TotalAmt35562
IRS990/OtherLiabilitiesGrp/BOYAmt014804
IRS990/OtherLiabilitiesGrp/EOYAmt0207271
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01813792
IRS990/OtherSalariesAndWagesGrp/TotalAmt01816292
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0190
IRS990/PayrollTaxesGrp/ProgramServicesAmt0139941
IRS990/PayrollTaxesGrp/TotalAmt0140131
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0265665
IRS990/PensionPlanContributionsGrp/TotalAmt0265682
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0100931
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0104794
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0270000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0240000
IRS990/PrincipalOfficerNm0TINA CHEKAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition from LEAs
IRS990/ProgramServiceRevenueGrp/Desc1Miscellaneous
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03981565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11425
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0196588
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0263
IRS990/PYOtherExpensesAmt01109644
IRS990/PYProgramServiceRevenueAmt03314314
IRS990/PYRevenuesLessExpensesAmt0568082
IRS990/PYSalariesCompEmpBnftPaidAmt01833439
IRS990/PYTotalExpensesAmt02943083
IRS990/PYTotalRevenueAmt03511165
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0676736
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt079282
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03982990
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0568082
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01244818
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0330499
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0368291
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
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/BookValueAmt0332718
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135299
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0468017
IRS990ScheduleD/ExpensesSubtotalAmt03630927
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01846103
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022850
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01868953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0207271
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payable to Related Organizations
IRS990ScheduleD/RevenueSubtotalAmt04307663
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02178821
IRS990ScheduleD/TotalExpensesPerForm990Amt03630927
IRS990ScheduleD/TotalLiabilityAmt0207271
IRS990ScheduleD/TotalRevenuePerForm990Amt04307663
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04307663
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03630927
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/ExplanationTxt0THROUGH ITS BROCHURES AND OTHER INFORMATION PROVIDED TO ITS PROSPECTIVE STUDENTS AND THEIR PARENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE IN THE FORM OF SUBSIDY PAYMENTS AND FEDERAL GRANTS FROM THE PENNSYLVANIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 was reviewed by the Business Manager and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Treasurer before filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All trustees and officers are required to complete a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3conflict of interest statement annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation of the Superintendent is set annually by the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board of Trustees following a review by the Board's Executive
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Committee. As part of the process, the Executive Committee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7considers compensation levels at other Western Pennsylvania nonprofit
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8organizations and school districts as reported in salary surveys
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9of the United Way and the Pennsylvania School Boards Association.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Other officers and key officials follow the same procedures
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11as described for Pt VI, Line 15a.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15a

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