Civic Intelligence

Esperanza Cyber Charter School

990 • Fiscal year 2019 • EIN 45-5472199

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 13, 2020

Organization ProfileN/A
4261 N 5th StreetPhiladelphia, PA 19140

(215) 324-0746

Siviq Scores

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

Liabilities / Assets

87th percentile

0.81x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.42x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$377,147

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

98th percentile

152%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

59%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$2,971,216

Up $1,791,073 (+152%) from 2018

Net Assets

Up

$572,597

Up $915,671 (+267%) from 2018

Liabilities

Up

$2,398,619

Up $875,402 (+57%) from 2018

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin74th percentile

Revenue

Up

$5,721,013

Up $2,117,467 (+59%) from 2018

Expenses

Up

$4,805,342

Up $1,752,804 (+57%) from 2018

Net Income

Up

$915,671

Up $364,663 (+66%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2013: $549,134Liabilities 2013: $654,185Net Assets 2013: -$105,0512013Assets 2014: $630,294Liabilities 2014: $643,833Net Assets 2014: -$13,5392014Assets 2015: $1,266,552Liabilities 2015: $2,224,517Net Assets 2015: -$957,9652015Assets 2016: $891,013Liabilities 2016: $1,951,379Net Assets 2016: -$1,060,3662016Assets 2017: $1,084,404Liabilities 2017: $1,922,486Net Assets 2017: -$838,0822017Assets 2018: $1,180,143Liabilities 2018: $1,523,217Net Assets 2018: -$343,0742018Assets 2019: $2,971,216Liabilities 2019: $2,398,619Net Assets 2019: $572,5972019Assets 2020: $5,438,618Liabilities 2020: $3,638,405Net Assets 2020: $1,800,2132020Assets 2021: $9,943,251Liabilities 2021: $4,427,281Net Assets 2021: $5,515,9702021Assets 2022: $24,129,797Liabilities 2022: $12,241,214Net Assets 2022: $11,888,5832022Assets 2023: $25,892,504Liabilities 2023: $10,195,826Net Assets 2023: $15,696,6782023Assets 2024: $32,436,697Liabilities 2024: $13,383,153Net Assets 2024: $19,053,5442024

Highlighted filing

2019

Assets$2,971,216
Liabilities$2,398,619
Net Assets$572,597
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

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

$30M$20M$10M$0-$10MRevenue 2013: $1,297,595Expenses 2013: $1,402,646Net Income 2013: -$105,0512013Revenue 2014: $1,712,724Expenses 2014: $1,621,212Net Income 2014: $91,5122014Revenue 2015: $1,677,549Expenses 2015: $1,812,135Net Income 2015: -$134,5862015Revenue 2016: $1,881,512Expenses 2016: $1,879,613Net Income 2016: $1,8992016Revenue 2017: $2,435,648Expenses 2017: $2,220,462Net Income 2017: $215,1862017Revenue 2018: $3,603,546Expenses 2018: $3,052,538Net Income 2018: $551,0082018Revenue 2019: $5,721,013Expenses 2019: $4,805,342Net Income 2019: $915,6712019Revenue 2020: $7,869,225Expenses 2020: $6,641,609Net Income 2020: $1,227,6162020Revenue 2021: $13,733,314Expenses 2021: $10,017,557Net Income 2021: $3,715,7572021Revenue 2022: $20,535,146Expenses 2022: $14,162,533Net Income 2022: $6,372,6132022Revenue 2023: $21,770,482Expenses 2023: $17,962,387Net Income 2023: $3,808,0952023Revenue 2024: $24,750,550Expenses 2024: $20,228,029Net Income 2024: $4,522,5212024

Highlighted filing

2019

Revenue$5,721,013
Expenses$4,805,342
Net Income$915,671
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 13, 2020
Return Version
2018v3.3
Gross Receipts
$5,721,013
Mission and Program Overview

Mission

Esperanza cyber charter school is dedicated to providing a quality education in the form of interactive distance learning classrooms, one-to-one tutoring, computer-supported collaborative learning, project-based learning, and instruction tailored to each student's individual education needs.

Charter school which provides education to students (kindergarten through grade twelve)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$828,083$1,455,458▲ $627,375
Pledges and Grants Receivable$215,370$546,543▲ $331,173
Savings and Temporary Cash Investments$0$251,306▲ $251,306
Land, Buildings, and Equipment, Net$71,271$47,617▼ $23,654
Prepaid Expenses and Deferred Charges$54,636$13,803▼ $40,833
Accounts Receivable$7,699$0▼ $7,699
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,180,143$2,971,216▲ $1,791,073
Other Assets Total$3,084$656,489▲ $653,405
Liabilities
Other Liabilities$1,289,789$2,145,247▲ $855,458
Accounts Payable and Accrued Expenses$233,428$251,581▲ $18,153
Deferred Revenue$0$1,791▲ $1,791
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,523,217$2,398,619▲ $875,402
Net Assets / Fund Balance
Unrestricted Net Assets$-343,074$572,597▲ $915,671
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$-343,074$572,597▲ $915,671
Total Liabilities and Net Assets / Fund Balance$1,180,143$2,971,216▲ $1,791,073

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$47,617$117,959$165,576
Other Assets Org$656,489--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
dr carolyn falkner-beitzelDirector of academic program dev'tFT$101,888$29,138$131,026

Board Members and Trustees

NameTitle
Rev Magaly MartinezBoard Chair
Amanda RomanBoard Member
Danilo DiazBoard Member
Judith LynchBoard Member
Rev Luis Cortes JrBoard Member
Carmen TorresBoard Secretary
Carmen RochaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$432,903
Program Service Revenue
$5,265,844
Investment Income
$1,306
Other Revenue
$20,960
Change in Net Assets
$915,671

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,721,013
Total Revenue per Audited Statements
$5,721,013
Total Revenue per Form 990
$5,721,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,433,182
Other Expenses$1,372,160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,023,436$84,455-$2,107,891
Other Employee Benefits$643,196$21,849-$665,045
Fees for Services Management$114,864$344,593-$459,457
Pension Plan Contributions$342,136$4,223-$346,359
Fees for Services Other$227,894$25,645-$253,539
Payroll Taxes$161,744$15,004-$176,748
Occupancy$166,084--$166,084
Current Officers, Directors, Trustees, and Key Employees-$137,139-$137,139
Fees for Services Legal-$53,376-$53,376
All Other Expenses$48,151--$48,151
Depreciation Depletion$23,709--$23,709
Travel$9,765$8,987-$18,752
Insurance$637$16,040-$16,677
Fees for Services Accounting-$10,054-$10,054
Other Expenses$850$21,304-$850
Total Functional Expenses$4,027,420$777,922$0$4,805,342

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,805,342
Total Expenses per Audited Statements$4,805,342
Total Expenses per Form 990$4,805,342
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,920,000
Due to Related Parties$142,247
Net Opeb Liability$83,000
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 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, Part VI, Section B, Line 11B

“The board of directors reviews the form 990. It is distributed to the board at least 10 days prior to the filing.”

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

“All board members & officers are reviewed and monitored on an annual basis - due to the limited number of board members and officers these activities can currently be monitored and evaluated on specific case by case basis.”

Form 990, Part VI, Section B, Line 15A & 15B

“The board of directors is charged with the responsibility of approving compensation of key employees. The committee reviews data on the compensation of other comparable positions in similar nonprofit organizations.”

Form 990, Part VI, Section C, Line 19

“All required public notices are made in local newspapers and all public records are on site and available for review.”

Form 990, Part VI, Section A, Line 3

“Nueva esperanza, inc. And nueva esperanza academy charter school, related parties, provided management services to the school.”

Filing and Contact Details

Filer

Filer Name
Esperanza Cyber Charter School
EIN
45-5472199
In Care Of
% ESPERANZA CYBER CHARTER SCHO
Phone
2153240746
Address
4261 N 5TH STREET, PHILADELPHIA, PA 19140

Signing Officer

Name
Dr Jon Marsh
Title
CEO
Phone
2159679703
Signed
2020-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Jon Marsh CEO
Formed
2011
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
6
Employees
54
Volunteers
6

Preparer

Firm
Withumsmithbrown Pc
Address
TWO LOGAN SQ STE 2001 18THARCH ST, PHILADELPHIA, PA 19103-2726
Preparer
Eric M Strauss
Phone
2155462140
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Column D

“The organization did not incur any fundraising expenses during the year ended june 30, 2019. Esperanza cyber charter school is part of an affiliated group of entities (see schedule r part ii). The parent company, nueva esperanza, inc., incurs all of the fundraising expenses for all of the affiliates and those fundraising expenses are reflected on its form 990 part ix.”

Financial Statement Notes

Schedule D, Part X, Line 2

“The school is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision or liability for income taxes has been recorded in the financial statements. The school adopted the accounting pronouncement dealing with uncertain tax positions as of the date of inception in july 2012. Upon adoption of this accounting pronouncement, the school had no unrecognized tax benefits. Furthermore, the school had no unrecognized tax benefits at june 30, 2019. In addition, the school had no income tax related penalties or interest for the periods reported in the financial statements.”

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IRS990/Desc0In 1987 the Hispanic Clergy of Philadelphia founded and incorporated the non-profit organization Nueva Esperanza, Inc. (NEI), dba Esperanza, to provide support to Hispanic communities. For more than 30 years NEIs efforts have focused on creating opportunities for Hispanic children and families living in Philadelphias Hunting Park community. NEIs intentional focus on creating quality education delivery systems and facilities included founding Esperanza Cyber Charter School as a continued effort to raise the economic and social levels of the Hispanic community through quality education.Esperanza Cyber Charter School is a charter school located in Philadelphia, Pennsylvania. The School serves grades kindergarten through twelve. The School was established and operates under the provisions enacted by the General Assembly of the Commonwealth of Pennsylvania in 1997. In July 2012 NEI received a charter for the opening of Esperanza Cyber Charter School. The School provides instruction in the form of interactive distance learning classrooms, one-to-one tutoring, computer-supported collaborative learning, project-based learning, and instruction tailored to each students individual education needs. Students access their courses online where worksheets, study material, quizzes and tests are all provided for the student to either read and complete on the computer or print for their own reference or completion by hand.
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt016040
IRS990/InsuranceGrp/ProgramServicesAmt0637
IRS990/InsuranceGrp/TotalAmt016677
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01306
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01306
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0117959
IRS990/LandBldgEquipBasisNetGrp/BOYAmt071271
IRS990/LandBldgEquipBasisNetGrp/EOYAmt047617
IRS990/LandBldgEquipCostOrOtherBssAmt0165576
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ESPERANZA CYBER CHARTER SCHOOL IS DEDICATED TO PROVIDING A QUALITY EDUCATION IN THE FORM OF INTERACTIVE DISTANCE LEARNING CLASSROOMS, ONE-TO-ONE TUTORING, COMPUTER-SUPPORTED COLLABORATIVE LEARNING, PROJECT-BASED LEARNING, AND INSTRUCTION TAILORED TO EACH STUDENT'S INDIVIDUAL EDUCATION NEEDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0-343074
IRS990/NetAssetsOrFundBalancesEOYAmt0572597
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0166084
IRS990/OccupancyGrp/TotalAmt0166084
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03084
IRS990/OtherAssetsTotalGrp/EOYAmt0656489
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021849
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0643196
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0665045
IRS990/OtherExpensesGrp/Desc0PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1SUPPLIES/EQUIPMENT
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXP
IRS990/OtherExpensesGrp/Desc3FINANCE COSTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035253
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt121304
IRS990/OtherExpensesGrp/ProgramServicesAmt069824
IRS990/OtherExpensesGrp/ProgramServicesAmt1180250
IRS990/OtherExpensesGrp/ProgramServicesAmt214880
IRS990/OtherExpensesGrp/ProgramServicesAmt3850
IRS990/OtherExpensesGrp/TotalAmt069824
IRS990/OtherExpensesGrp/TotalAmt1215503
IRS990/OtherExpensesGrp/TotalAmt236184
IRS990/OtherExpensesGrp/TotalAmt3850
IRS990/OtherLiabilitiesGrp/BOYAmt01289789
IRS990/OtherLiabilitiesGrp/EOYAmt02145247
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020960
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020960
IRS990/OtherRevenueTotalAmt020960
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084455
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02023436
IRS990/OtherSalariesAndWagesGrp/TotalAmt02107891
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015004
IRS990/PayrollTaxesGrp/ProgramServicesAmt0161744
IRS990/PayrollTaxesGrp/TotalAmt0176748
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04223
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0342136
IRS990/PensionPlanContributionsGrp/TotalAmt0346359
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0215370
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0546543
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt054636
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013803
IRS990/PrincipalOfficerNm0Dr Jon Marsh CEO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05265844
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05265844
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0354173
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0973291
IRS990/PYOtherRevenueAmt0113213
IRS990/PYProgramServiceRevenueAmt03136160
IRS990/PYRevenuesLessExpensesAmt0551008
IRS990/PYSalariesCompEmpBnftPaidAmt02079247
IRS990/PYTotalExpensesAmt03052538
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03603546
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0915671
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05286202
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0251306
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/BookValueAmt047617
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0117959
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0165576
IRS990ScheduleD/ExpensesSubtotalAmt04805342
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1656489
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0142247
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11920000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt283000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NET OPEB LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt05721013
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. THE SCHOOL ADOPTED THE ACCOUNTING PRONOUNCEMENT DEALING WITH UNCERTAIN TAX POSITIONS AS OF THE DATE OF INCEPTION IN JULY 2012. UPON ADOPTION OF THIS ACCOUNTING PRONOUNCEMENT, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS. FURTHERMORE, THE SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2019. IN ADDITION, THE SCHOOL HAD NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047617
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0656489
IRS990ScheduleD/TotalExpensesPerForm990Amt04805342
IRS990ScheduleD/TotalLiabilityAmt02145247
IRS990ScheduleD/TotalRevenuePerForm990Amt05721013
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05721013
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04805342
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/ExplanationTxt0CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION. THE ORGANIZATION PUBLICIZED ITS POLICY THROUGH NEWSPAPER ADVERTISEMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES ITS FUNDING FROM GOVERNMENTAL AGENCIES. SEE FORM 990.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6A
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,971,216
Liabilities
$2,398,619
Net assets
$572,597
Revenue
$5,721,013
Expenses
$4,805,342
Net income
$915,671
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.4$13.4$19.1$24.8$20.2$4.52
2023Detailed filing. Detailed filing data is available for this year.$25.9$10.2$15.7$21.8$18.0$3.81
2022Detailed filing. Detailed filing data is available for this year.$24.1$12.2$11.9$20.5$14.2$6.37
2021Detailed filing. Detailed filing data is available for this year.$9.94$4.43$5.52$13.7$10.0$3.72
2020Detailed filing. Detailed filing data is available for this year.$5.44$3.64$1.80$7.87$6.64$1.23
2019Detailed filing. Detailed filing data is available for this year.$2.97$2.40$0.57$5.72$4.81$0.92
2018Detailed filing. Detailed filing data is available for this year.$1.18$1.52$0.34$3.60$3.05$0.55
2017Detailed filing. Detailed filing data is available for this year.$1.08$1.92$0.84$2.44$2.22$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.89$1.95$1.06$1.88$1.88$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.27$2.22$0.96$1.68$1.81$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.64$0.01$1.71$1.62$0.09
2013Summary only. Only limited summary data is available for this year.$0.55$0.65$0.11$1.30$1.40$0.11