Civic Intelligence

Vertus Charter School

990 • Fiscal year 2017 • EIN 46-4366962

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 26, 2018

Organization ProfileWWW.VERTUSSCHOOL.ORG

View Organization Page

21 Humboldt StreetRochester, NY 14609

(585) 747-8911

Siviq Scores

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

Liabilities / Assets

78th percentile

0.57x

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

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

60th percentile

6.5%

Higher net margin than 60% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$126,981

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

85th percentile

37%

Faster asset growth than 85% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

90th percentile

77%

Faster revenue growth than 90% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$1,507,998

Up $410,181 (+37%) from 2016

Net Assets

Up

$651,193

Up $320,772 (+97%) from 2016

Liabilities

Up

$856,805

Up $89,409 (+12%) from 2016

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin60th percentile

Revenue

Up

$4,923,419

Up $2,138,428 (+77%) from 2016

Expenses

Up

$4,602,647

Up $1,740,558 (+61%) from 2016

Net Income

Up

$320,772

Up $397,870 (+516%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $389,849Liabilities 2014: $206,431Net Assets 2014: $183,4182014Assets 2015: $853,559Liabilities 2015: $446,040Net Assets 2015: $407,5192015Assets 2016: $1,097,817Liabilities 2016: $767,396Net Assets 2016: $330,4212016Assets 2017: $1,507,998Liabilities 2017: $856,805Net Assets 2017: $651,1932017Assets 2018: $932,650Liabilities 2018: $676,680Net Assets 2018: $255,9702018Assets 2019: $647,234Liabilities 2019: $868,990Net Assets 2019: -$221,7562019Assets 2020: $1,499,612Liabilities 2020: $1,275,856Net Assets 2020: $223,7562020Assets 2021: $1,534,018Liabilities 2021: $1,155,056Net Assets 2021: $378,9622021Assets 2022: $2,168,943Liabilities 2022: $479,343Net Assets 2022: $1,689,6002022Assets 2023: $5,046,731Liabilities 2023: $2,167,252Net Assets 2023: $2,879,4792023Assets 2024: $5,016,141Liabilities 2024: $1,346,193Net Assets 2024: $3,669,9482024Assets 2025: $5,376,292Liabilities 2025: $923,150Net Assets 2025: $4,453,1422025

Highlighted filing

2017

Assets$1,507,998
Liabilities$856,805
Net Assets$651,193
Open 2017 Filing

Operations Trend

Revenue Growth90th percentile

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

$10M$5.0M$0-$5.0MRevenue 2014: $412,466Expenses 2014: $229,048Net Income 2014: $183,4182014Revenue 2015: $2,299,278Expenses 2015: $2,096,942Net Income 2015: $202,3362015Revenue 2016: $2,784,991Expenses 2016: $2,862,089Net Income 2016: -$77,0982016Revenue 2017: $4,923,419Expenses 2017: $4,602,647Net Income 2017: $320,7722017Revenue 2018: $5,003,667Expenses 2018: $5,398,890Net Income 2018: -$395,2232018Revenue 2019: $4,936,718Expenses 2019: $5,414,444Net Income 2019: -$477,7262019Revenue 2020: $5,437,243Expenses 2020: $4,991,731Net Income 2020: $445,5122020Revenue 2021: $5,124,681Expenses 2021: $4,969,475Net Income 2021: $155,2062021Revenue 2022: $6,584,591Expenses 2022: $5,273,953Net Income 2022: $1,310,6382022Revenue 2023: $7,135,145Expenses 2023: $5,945,266Net Income 2023: $1,189,8792023Revenue 2024: $8,039,734Expenses 2024: $7,249,265Net Income 2024: $790,4692024Revenue 2025: $8,531,151Expenses 2025: $7,747,957Net Income 2025: $783,1942025

Highlighted filing

2017

Revenue$4,923,419
Expenses$4,602,647
Net Income$320,772
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 26, 2018
Return Version
2016v3.0
Gross Receipts
$4,923,625
Mission and Program Overview

Mission

Vertus' mission is to prepare leaders of character for the community and the workplace.

Vertus charter school prepares leaders of character for the community and the workplace. Vertus is a year-round preparatory high school serving young men who are at risk of not completing high school. Every student will earn a regents diploma as well as a technical certificate or job credential that will enable him to support himself. Upon graduation, each student will choose the post-secondary pathway that is right for him; university, community college, further technical training, or a good job.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$345,285$764,549▲ $419,264
Cash and Non-Interest-Bearing Accounts$560,084$484,367▼ $75,717
Pledges and Grants Receivable$162,899$172,711▲ $9,812
Prepaid Expenses and Deferred Charges$15,178$85,505▲ $70,327
Loans From Officers Directors$40,000--
Accounts Receivable$14,371$866▼ $13,505
Total Assets$1,097,817$1,507,998▲ $410,181
Liabilities
Accounts Payable and Accrued Expenses$207,608$263,840▲ $56,232
Mortgage Notes Payable Secured by Investment Property$290,846$235,509▼ $55,337
Deferred Revenue$228,942$185,736▼ $43,206
Other Liabilities$0$171,720▲ $171,720
Total Liabilities$767,396$856,805▲ $89,409
Net Assets / Fund Balance
Unrestricted Net Assets$285,898$521,673▲ $235,775
Temporarily Rstr Net Assets$44,523$129,520▲ $84,997
Total Net Assets Fund Balance$330,421$651,193▲ $320,772
Total Liabilities and Net Assets / Fund Balance$1,097,817$1,507,998▲ $410,181

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$329,550$141,694$471,244
Leasehold Improvements$321,647$116,172$437,819
Other Land Buildings$113,352$54,434$167,786
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr Leigh McguiganCEOFT$126,981$126,981
Perry WhiteDr. of External AffairsFT$121,678$121,678
Jason MellenCOOFT$67,900$67,900

Board Members and Trustees

NameTitle
Bryan HickmanChairman
Ken WasnockPart Year Treasurer/trustee
Reverand Sebrone JohnsonPart Year Trustee
Dr Stephen JacobsTrustee
Michael MandinaTrustee
Ty KellyTrustee Through 9/25/17
Todd OldhamSecretary
Evan GallinaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
21 Humboldt St LLCRent1080 PITTSFORD-VICTOR RD SUITE 100, Pittsford, NY 14534$159,600
Revenue and Support

Revenue Composition

Contributions and Grants
$885,220
Program Service Revenue
$4,038,124
Investment Income
$25
Other Revenue
$50
All Other Contributions
$447,686
Change in Net Assets
$320,772

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,923,419
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,206
Total Revenue per Audited Statements
$4,924,625
Total Revenue per Form 990
$4,923,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,852,188
Other Expenses$1,750,459
Total Fundraising Expense$40,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,923,243$154,095-$2,077,338
Occupancy$444,607$69,497$4,912$519,016
Current Officers, Directors, Trustees, and Key Employees$170,644$173,206$23,134$366,984
Payroll Taxes$178,671$27,928$1,974$208,573
Information Technology$144,757$22,627$1,599$168,983
Other Employee Benefits$144,174$22,536$1,594$168,304
Fees for Services Other$94,657$51,852$1,088$147,597
Depreciation Depletion$117,496$18,366$1,298$137,160
Office Expenses$84,093$13,144$929$98,166
Advertising$65,839$2,701$191$68,731
Insurance$33,219$5,193$367$38,779
Pension Plan Contributions$26,546$4,150$293$30,989
Other Expenses$21,661$5,414$44$27,119
All Other Expenses$22,991$2,894$1,160$27,045
Fees for Services Accounting-$15,100-$15,100
Fees for Services Legal-$2,557-$2,557
Total Functional Expenses$3,947,154$615,217$40,276$4,602,647

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,603,853
Expenses per Audited Statements$4,602,647
Total Expenses per Form 990$4,602,647
Expenses Not Reported on Form 990$1,206
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$206
Fundraising Gross Income$206
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$40,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Liability$171,720
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Dr. Leigh mcguigan, ceo, and perry white, dr. Of external affairs, are married.”

Form 990, Part VI, Section A, Line 4

“The organization updated their by-laws in the current year to ensure compliance with current laws and best practices. The number of trustees, video participation in meetings, clarification of trustee resignations, and related party transactions provisions were updated.”

Form 990, Part VI, Section B, Line 11B

“The draft form 990 is reviewed by the ceo & coo and the board of directors. The board approves form 990 which is then signed by the board designee.”

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

“Annually board members, officers, and employees disclose any conflicts of interest. The code of ethics describes the organization's procedures and is provided to all trustees, officers, and employees of the school upon their employement or association with the school. In addition board members shall disclose to the board their interest, with respect to a transaction the board is considering and senior staff shall disclose any interest to the executive director. Any senior staff or board member with interests shall recuse themselves from the decision-making process. The nature of the interest and the individual's recusal, or the chair's determination not to require recusal, shall be memorialized in writing. In no event shall board members vote on transactions in which they have a financial interest. In addition, the board expects board members and senior staff to disclose close friendships with (a) any person with whom vertus is considering a transaction, and (b) any person who has a significant position in an entity with which vertus is considering a transaction.”

Form 990, Part VI, Section B, Line 15

“The school seeks to ensure that compensation is reasonable and represents the fair market value for services rendered. Comparable data is used by the board when determining the compensation of officers and key employees. The school sets compensation within the range of the going market rate. No individual having a conflict of interest under the school's conflict of interest policy is permitted to participate in the review or decision making process.”

Form 990, Part VI, Section C, Line 19

“These documents are located at the school and are available upon request. They are also available on guidestar.org”

Filing and Contact Details

Filer

Filer Name
Vertus Charter School
EIN
46-4366962
Phone
5857478911
Address
21 HUMBOLDT STREET, ROCHESTER, NY 14609

Signing Officer

Name
Dr Leigh Mcguigan
Title
CEO
Phone
5857478911
Signed
2018-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Leigh Mcguigan
Formed
2013
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
82
Volunteers
8

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
100 CHESTNUT STREET SUITE 1200, ROCHESTER, NY 14604
Preparer
Michelle Cain
Phone
5854231860
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process is consistent with prior year.”

Financial Statement Notes

PART X, LINE 2:

“The charter school is a tax-exempt organization under section 501(c)(3) of the internal revenue code and applicable state regulations and, accordingly, is exempt from federal and state taxes on income. The charter school files form 990 tax returns in the u.s. Federal jurisdiction. The tax returns for the years ended june 30, 2014 through june 30, 2017 are still subject to potential audit by the irs. Management of the charter school believes it has no material uncertain tax positions and, accordingly it will not recognize any liability for unrecognized tax benefits.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 206.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expenses 206.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0VERTUS CHARTER SCHOOL PREPARES LEADERS OF CHARACTER FOR THE COMMUNITY AND THE WORKPLACE. VERTUS IS A YEAR-ROUND PREPARATORY HIGH SCHOOL SERVING YOUNG MEN WHO ARE AT RISK OF NOT COMPLETING HIGH SCHOOL. EVERY STUDENT WILL EARN A REGENTS DIPLOMA AS WELL AS A TECHNICAL CERTIFICATE OR JOB CREDENTIAL THAT WILL ENABLE HIM TO SUPPORT HIMSELF. UPON GRADUATION, EACH STUDENT WILL CHOOSE THE POST-SECONDARY PATHWAY THAT IS RIGHT FOR HIM; UNIVERSITY, COMMUNITY COLLEGE, FURTHER TECHNICAL TRAINING, OR A GOOD JOB.
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IRS990/Desc0VERTUS PREPARES LEADERS OF CHARACTER FOR THE COMMUNITY AND THE WORKPLACE, THROUGH:-CAREER PREPARATION: EVERY STUDENT EARNS THE CREDENTIALS TO GET A GOOD JOB IN ADDITION TO A HIGH SCHOOL DIPLOMA. AFTER GRADUATION, EACH STUDENT CHOOSES THE PATH THAT IS RIGHT FOR HIM: COLLEGE, TECHNICAL SCHOOL OR STARTING A CAREER.-PERSONALIZED CURRICULUM: EACH STUDENT HAS AN INDIVIDUAL LEARNING PLAN TAILORED TO HIS ABILITIES AND INTERESTS AND LEARNS AT THE PACE THAT IS RIGHT FOR HIM. SEMINAR ROOMS AND LEARNING LABS REPLACE TRADITIONAL CLASSROOMS. COMMUNITY SERVICE, ROBOTICS, RECORDING STUDIO, ENTREPRENEURS CLUB, WOODWORKING, PHOTOGRAPHY, STUDENT GOVERNMENT AND SPORTS KEEP ACTIVE BOYS ENGAGED AND BUILD REAL-WORLD SKILLS.-STRONG RELATIONSHIPS: EACH STUDENT BELONGS TO A SMALL LEARNING TEAM OF 12 STUDENTS, LED BY A FULL-TIME MENTOR, TUTOR AND GUIDE - CALLED A PRECEPTOR - WHO KEEPS EACH YOUNG MAN ON THE RIGHT PATH AND IS RESPONSIBLE FOR THE SUCCESS OF EVERY STUDENT ON THE TEAM.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2PART YEAR TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE THROUGH 9/25/17
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PART YEAR TREASURER/TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DR. OF EXTERNAL AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt012869
IRS990/FundraisingDirectExpensesAmt0206
IRS990/FundraisingGrossIncomeAmt0206
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0424665
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04923625
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01599
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt022627
IRS990/InformationTechnologyGrp/ProgramServicesAmt0144757
IRS990/InformationTechnologyGrp/TotalAmt0168983
IRS990/InsuranceGrp/FundraisingAmt0367
IRS990/InsuranceGrp/ManagementAndGeneralAmt05193
IRS990/InsuranceGrp/ProgramServicesAmt033219
IRS990/InsuranceGrp/TotalAmt038779
IRS990/InvestmentIncomeGrp/ExclusionAmt025
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0312300
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0345285
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0764549
IRS990/LandBldgEquipCostOrOtherBssAmt01076849
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt040000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VERTUS' MISSION IS TO PREPARE LEADERS OF CHARACTER FOR THE COMMUNITY AND THE WORKPLACE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0290846
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0235509
IRS990/NetAssetsOrFundBalancesBOYAmt0330421
IRS990/NetAssetsOrFundBalancesEOYAmt0651193
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04912
IRS990/OccupancyGrp/ManagementAndGeneralAmt069497
IRS990/OccupancyGrp/ProgramServicesAmt0444607
IRS990/OccupancyGrp/TotalAmt0519016
IRS990/OfficeExpensesGrp/FundraisingAmt0929
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013144
IRS990/OfficeExpensesGrp/ProgramServicesAmt084093
IRS990/OfficeExpensesGrp/TotalAmt098166
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01594
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022536
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0144174
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0168304
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt0200
IRS990/OtherExpensesGrp/FundraisingAmt11425
IRS990/OtherExpensesGrp/FundraisingAmt268
IRS990/OtherExpensesGrp/FundraisingAmt344
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02829
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120170
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2958
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35414
IRS990/OtherExpensesGrp/ProgramServicesAmt0204482
IRS990/OtherExpensesGrp/ProgramServicesAmt1129038
IRS990/OtherExpensesGrp/ProgramServicesAmt2141036
IRS990/OtherExpensesGrp/ProgramServicesAmt321661
IRS990/OtherExpensesGrp/TotalAmt0207511
IRS990/OtherExpensesGrp/TotalAmt1150633
IRS990/OtherExpensesGrp/TotalAmt2142062
IRS990/OtherExpensesGrp/TotalAmt327119
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0171720
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050
IRS990/OtherRevenueTotalAmt050
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0154095
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01923243
IRS990/OtherSalariesAndWagesGrp/TotalAmt02077338
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01974
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027928
IRS990/PayrollTaxesGrp/ProgramServicesAmt0178671
IRS990/PayrollTaxesGrp/TotalAmt0208573
IRS990/PensionPlanContributionsGrp/FundraisingAmt0293
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04150
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt026546
IRS990/PensionPlanContributionsGrp/TotalAmt030989
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0162899
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0172711
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015178
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt085505
IRS990/PrincipalOfficerNm0DR LEIGH MCGUIGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0STATE AND LOCAL PER PU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04038124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04038124
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0696083
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01158569
IRS990/PYOtherRevenueAmt0100
IRS990/PYProgramServiceRevenueAmt02088808
IRS990/PYRevenuesLessExpensesAmt0-77098
IRS990/PYSalariesCompEmpBnftPaidAmt01703520
IRS990/PYTotalExpensesAmt02862089
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02784991
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0320772
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04038174
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/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt01000
IRS990ScheduleD/DonatedServicesUseFcltsAmt01000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0329550
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0141694
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0471244
IRS990ScheduleD/ExpensesNotReportedAmt01206
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04602647
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0321647
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0116172
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0437819
IRS990ScheduleD/OtherExpensesIncludedAmt0206
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0113352
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt054434
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0167786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0171720
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED LEASE LIABILITY
IRS990ScheduleD/OtherRevenueAmt0206
IRS990ScheduleD/RevenueNotReportedAmt01206
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04923419
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2014 THROUGH JUNE 30, 2017 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 206.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 206.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0764549
IRS990ScheduleD/TotalExpensesPerForm990Amt04602647
IRS990ScheduleD/TotalLiabilityAmt0171720
IRS990ScheduleD/TotalRevenuePerForm990Amt04923419
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04924625
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04603853
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL DISSEMINATES ITS POLICY ON OUTREACH MATERIAL, APPLICATIONS AND ITS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A FREE PUBLIC CHARTER SCHOOL, NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE IS OFFERED.

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,507,998
Liabilities
$856,805
Net assets
$651,193
Revenue
$4,923,419
Expenses
$4,602,647
Net income
$320,772
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.38$0.92$4.45$8.53$7.75$0.78
2024Detailed filing. Detailed filing data is available for this year.$5.02$1.35$3.67$8.04$7.25$0.79
2023Detailed filing. Detailed filing data is available for this year.$5.05$2.17$2.88$7.14$5.95$1.19
2022Detailed filing. Detailed filing data is available for this year.$2.17$0.48$1.69$6.58$5.27$1.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$1.16$0.38$5.12$4.97$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.50$1.28$0.22$5.44$4.99$0.45
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.87$0.22$4.94$5.41$0.48
2018Detailed filing. Detailed filing data is available for this year.$0.93$0.68$0.26$5.00$5.40$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.86$0.65$4.92$4.60$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.10$0.77$0.33$2.78$2.86$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.45$0.41$2.30$2.10$0.20
2014Summary only. Only limited summary data is available for this year.$0.39$0.21$0.18$0.41$0.23$0.18