Civic Intelligence

Harmony DC Public Charter Schools

990 • Fiscal year 2024 • EIN 46-5320551

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 18, 2025

62 T Street NEWashington, DC 20002

(202) 529-7500

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.23x

Higher debt load relative to assets than 63% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.17x

Higher debt load relative to revenue than 51% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$151,888

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

66th percentile

11%

Faster asset growth than 66% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

15%

Faster revenue growth than 62% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,638,373

Up $449,740 (+11%) from 2023

Net Assets

Up

$3,548,971

Up $838,750 (+31%) from 2023

Liabilities

Down

$1,089,402

Down $389,010 (-26%) from 2023

Revenue

Up

$6,308,216

Up $846,024 (+15%) from 2023

Expenses

Up

$5,465,942

Up $719,431 (+15%) from 2023

Net Income

Up

$842,274

Up $126,593 (+18%) from 2023

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $530,506Liabilities 2015: $562,170Net Assets 2015: -$31,6642015Assets 2016: $609,025Liabilities 2016: $440,958Net Assets 2016: $168,0672016Assets 2017: $542,483Liabilities 2017: $367,857Net Assets 2017: $174,6262017Assets 2018: $626,193Liabilities 2018: $393,355Net Assets 2018: $232,8382018Assets 2019: $707,443Liabilities 2019: $335,983Net Assets 2019: $371,4602019Assets 2020: $855,403Liabilities 2020: $403,954Net Assets 2020: $451,4492020Assets 2021: $1,396,886Liabilities 2021: $269,475Net Assets 2021: $1,127,4112021Assets 2022: $2,308,689Liabilities 2022: $314,149Net Assets 2022: $1,994,5402022Assets 2023: $4,188,633Liabilities 2023: $1,478,412Net Assets 2023: $2,710,2212023Assets 2024: $4,638,373Liabilities 2024: $1,089,402Net Assets 2024: $3,548,9712024

Highlighted filing

2024

Assets$4,638,373
Liabilities$1,089,402
Net Assets$3,548,971

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $1,814,014Expenses 2015: $1,845,678Net Income 2015: -$31,6642015Revenue 2016: $2,107,448Expenses 2016: $1,907,717Net Income 2016: $199,7312016Revenue 2017: $2,022,204Expenses 2017: $2,015,645Net Income 2017: $6,5592017Revenue 2018: $2,377,334Expenses 2018: $2,319,122Net Income 2018: $58,2122018Revenue 2019: $2,849,466Expenses 2019: $2,710,844Net Income 2019: $138,6222019Revenue 2020: $2,972,529Expenses 2020: $2,892,540Net Income 2020: $79,9892020Revenue 2021: $3,734,432Expenses 2021: $3,058,470Net Income 2021: $675,9622021Revenue 2022: $4,974,781Expenses 2022: $4,107,652Net Income 2022: $867,1292022Revenue 2023: $5,462,192Expenses 2023: $4,746,511Net Income 2023: $715,6812023Revenue 2024: $6,308,216Expenses 2024: $5,465,942Net Income 2024: $842,2742024

Highlighted filing

2024

Revenue$6,308,216
Expenses$5,465,942
Net Income$842,274
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 18, 2025
Return Version
2023v6.0
Gross Receipts
$6,308,216
Mission and Program Overview

Mission

The mission of the charter school is to prepare students for higher learning in a safe, caring, and collaborative atmosphere through a quality learner-centered educational program with a strong emphasis on science, technology, engineering, and mathematics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,007,185$2,563,674▲ $1,556,489
Investments in Publicly Traded Securities-$539,397-
Cash and Non-Interest-Bearing Accounts$1,167,932$393,699▼ $774,233
Pledges and Grants Receivable$363,039$83,253▼ $279,786
Accounts Receivable$284,083$74,096▼ $209,987
Prepaid Expenses and Deferred Charges$63,983$70,499▲ $6,516
Land, Buildings, and Equipment, Net$67,331$31,485▼ $35,846
Total Assets$4,188,633$4,638,373▲ $449,740
Other Assets Total$1,235,080$882,270▼ $352,810
Liabilities
Other Liabilities$1,162,968$819,237▼ $343,731
Accounts Payable and Accrued Expenses$315,444$245,525▼ $69,919
Deferred Revenue-$24,640-
Total Liabilities$1,478,412$1,089,402▼ $389,010
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,710,221$3,548,971▲ $838,750
Total Net Assets Fund Balance$2,710,221$3,548,971▲ $838,750
Total Liabilities and Net Assets / Fund Balance$4,188,633$4,638,373▲ $449,740

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,262$361,770$387,032
Leasehold Improvements$6,223$298,535$304,758
Other Assets Org$5,730--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Muhammet TurkayCEOFT$126,094$25,794$151,888
Niyazi Evren CulhaPrincipalFT$113,699$27,265$140,964

Board Members and Trustees

NameTitle
Yalcin AkyildizChair
Brian SylvesterBoard Member
Ethnyealita FisherBoard Member
Guvanch YazgeldiBoard Member
Tyree Wall-batchelorBoard Member
Julia IrvingSecretary
Charles LincolnTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Align StaffingContracted Staf111 K STREET NE 4TH FLOOR, Washington, DC 20002$245,994
End To End SolutionsSpecial Educat714 G STREET SE SUITE 201, Washington, DC 20003$210,702
Appletree InstituteManagement1801 MISSISSIPPI AVE SE 3RD FLOOR, Washington, DC 20020$163,463
Genuine FoodsFood ServicePO BOX 96503, Washington, DC 20090$149,199
Revenue and Support

Revenue Composition

Contributions and Grants
$1,080,917
Program Service Revenue
$5,121,896
Investment Income
$105,403
Other Revenue
$0
All Other Contributions
$58,020
Change in Net Assets
$842,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,308,216
Revenue Not Reported on Form 990
$-3,524
Total Revenue per Audited Statements
$6,304,692
Total Revenue per Form 990
$6,308,216
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,384,200
Other Expenses$2,081,742
Total Fundraising Expense$7,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,561,614$40,505-$2,602,119
Fees for Services Other$561,740$479$7,500$569,719
Occupancy$555,675$11,979-$567,654
Current Officers, Directors, Trustees, and Key Employees$243,214$61,751-$304,965
Payroll Taxes$230,466$8,402-$238,868
Other Employee Benefits$166,101$6,055-$172,156
All Other Expenses$140,094$17,212-$157,306
Fees for Services Accounting$15,951$107,693-$123,644
Other Expenses$97,272$78,276-$78,276
Office Expenses$46,914$19,186-$66,100
Pension Plan Contributions$63,766$2,326-$66,092
Depreciation Depletion$50,783$1,094-$51,877
Insurance$23,338$503-$23,841
Advertising$19,742--$19,742
Fees for Services Legal$1,079$23-$1,102
Total Functional Expenses$5,100,861$357,581$7,500$5,465,942

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,465,942
Total Expenses per Audited Statements$5,465,942
Total Expenses per Form 990$5,465,942
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
Operating Lease Libilities$819,237
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Harmony public schools offers services that are an integral part of harmony dc's charter school operations and activities. Given the structural relationship between the two organizations, effective july 1, 2014, harmony public schools entered into a school services agreement with harmony dc public charter schools which is scheduled to expire on june 30, 2024. Services offered include education technology services, data network solutions, teacher and leadership coaching, and human resource and financial services.

Form 990, Page 6, Part VI, Line 6

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

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

As enacted by the articles of incorporation, harmony dc public charter schools has a sole member with voting rights as well as other rights and privileges as authorized by its governing documents. The sole member is harmony public schools, a separately incorporated texas not-for-profit 501 (c)(3) organization that operates multiple charter schools. Because of the voting rights, the agent for harmony dc public charter schools has the ability to vote on matters as they relate to appointing one or more members of the governing body.

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

The ceo/principal of harmony dc public charter schools along with its outsourced bookkeeping firm review the draft form 990 information tax return as prepared by the accountants/auditors. Once reviewed and all suggested revisions are made, the form 990 is emailed to the full board of directors for acceptance, including possible revisions. Once accepted, the 990 tax return is executed by the ceo/principal.

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

The conflict of interest policy is constantly monitored by administration personnel and the board of directors through review and approval procedures. Annually board members and staff complete a conflict of interest disclosure form identifying any relationships or circumstances which the board or staff member believes could contribute to a conflict of interest. Procedures: a.prior to board action on a contract or other transaction involving a conflict of interest, a board member having a conflict of interest shall disclose all facts material to the conflict or interest. Such disclosures shall be reflected in the minutes of the meeting. B.a person who has a conflict of interest shall not participate in the decision except to disclose material facts and to respond to questions. C.the person having a conflict of interest may not vote on the contract or transaction. D.staff members who have a conflict of interest with respect to a contract or transaction that is not the subject of board action shall disclose to the board chair any such conflict of interest. That staff member shall refrain from any action that may affect the school's participation in such contract or transaction. In the event it is not entirely clear that a conflict of interest exists, the individual with the potential conflict shall disclose the circumstances to the board chair.

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

The ceo/principal's compensation is determined and approved by the board through its governance committee using a written employment contract, form 990's of other organizations and other appropriate information related to comparable positions of similar sized organizations. Other employees' compensation is determined using similar sources and approved by the ceo/principal.

Form 990, Page 6, Part VI, Line 19

All governing documents, policies and financial statements are forwarded to the district of columbia public charter school board which provides oversight and distribution of relevant information to the public. The form 990 is made available to the general public upon request. In addition, the 990 information tax return is available for public inspection on guidestar.

Filing and Contact Details

Filer

Filer Name
Harmony Dc Public Charter Schools
EIN
46-5320551
Phone
2025297500
Address
62 T STREET NE, WASHINGTON, DC 20002

Signing Officer

Name
Muhammet Turkay
Title
CEO
Phone
2025297500
Signed
2025-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Muhammet Turkay
Formed
2014
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
7
Employees
62
Volunteers
52

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 - ORGANIZATION'S MISSION

The mission of the charter school is to prepare students for higher learning in a safe, caring, and collaborative atmosphere through a quality learner-centered educational program with a strong emphasis on science, technology, engineering, and mathematics.

Form 990, Page 1, Part I, Line 6

The volunteers represent the 7 individuals who served on the board of directors and 45 parent volunteers.

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

Harmony public charter schools' science, technology, engineering, and math (stem) program aims to prepare each student for higher education with a strong emphasis on science, technology, engineering, and mathematics. The program provides curriculum, instructional resources, and professional development for stem teachers. Harmony stem program is a part of harmony public charter schools' academic department that involves a team of curriculum specialists, instructional coaches, and lead teachers in harmony public schools system. Harmony stem program has the following components: - project based learning program (pbl): harmony provides curriculum, instructional resources, and pbl training to the teachers. Instructional administrators and stem coordinator support teachers on site to assist the implementation of pbl. - professional development: harmony believes that content-focused professional development is a critical need to ensure the quality of teaching science and mathematics. Our stem training model has two major components; the mastery of content knowledge and delivery of the content with effective instructional practices. - stem culture: the department also provides strategies and resources for schools to build stem school atmosphere connecting the students to higher education. We design a variety of opportunities for students to take stem education "beyond the classroom- and see how today's instruction connects to career and lifelong learning. Approach we are known for our project-based, hands-on approach to learning. Our approach is born out of the belief that kids learn best by exploring, discovering, and collaborating in carefully matched small groups. This is equally true in science and math as it is in english literature or art. This constructivist approach is a lot like tinkering. It encourages students to draw connections between disciplines and build on their previous experience. It gives them the time and space to test their ideas and to figure out how things in the world work. It shows them that you have to fail a lot in order to learn and that failure is at the heart of innovation and invention. This is the way 21st century skills are built. We believe that our small classrooms and collaborative learning style create an inviting, safe, and purposeful environment where students thrive. Walk into any classroom and you will see children peacefully solving their conflicts with the loving support of our dedicated teachers. Our behavioral expectations are clear and our students happily rise to meet them. Harmony's friendly and respectful atmosphere is contagious and carries on well after school is over. The charter school has an extended day model. Students receive an extra 5 hours of math and ela instruction weekly. Teachers are able to deliver data-driven, individualized, center-based instruction. Math and reading interventionists are able to meet academically struggling students twice a week in small groups or one-on-one to give intensive academic support to the students. Assessment we use amplify's dibels next and reading 3d, nwea's map, curriculum assessments, and bi-weekly tests to measure student growth and grade-level proficiency in math, reading, and language usage, taking a baseline at the beginning of the year and one at mid-terms. Progress monitoring assessments are used once a month to track student achievement more closely. The resulting data gives our teachers essential information about what each student knows so that they can create tutoring rosters, small groups, and targeted instructional plans to reinforce, develop, or introduce specific skills and concepts. Professional development continuous and embedded professional development is the key for raising student achievement and we take it seriously at harmony. Every wednesday afternoon our teachers collaborate in a professional learning community (plc) to share their struggles and what works in a focused and powerful way. Outside of the formal plc s

Form 990, Part IX, Line 11G

Other professional fees 22,233 479 7,500 contracted instruction 389,507 0 0 early education support 150,000 0 0 total 561,740 479 7,500

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in the charter school's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The harmony dc public charter schools performed an evaluation of uncertain tax positions for the year ended june 30, 2024, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of june 30, 2024, the statute of limitations for tax years 2020 through 2022 remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the charter school files tax returns. It is the charter school's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of june 30, 2024, the charter school had no accruals for interest and/or penalties.

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IRS990/Desc0HARMONY PUBLIC CHARTER SCHOOLS' SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) PROGRAM AIMS TO PREPARE EACH STUDENT FOR HIGHER EDUCATION WITH A STRONG EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THE PROGRAM PROVIDES CURRICULUM, INSTRUCTIONAL RESOURCES, AND PROFESSIONAL DEVELOPMENT FOR STEM TEACHERS. HARMONY STEM PROGRAM IS A PART OF HARMONY PUBLIC CHARTER SCHOOLS' ACADEMIC DEPARTMENT THAT INVOLVES A TEAM OF CURRICULUM SPECIALISTS, INSTRUCTIONAL COACHES, AND LEAD TEACHERS IN HARMONY PUBLIC SCHOOLS SYSTEM. HARMONY STEM PROGRAM HAS THE FOLLOWING COMPONENTS: - PROJECT BASED LEARNING PROGRAM (PBL): HARMONY PROVIDES CURRICULUM, INSTRUCTIONAL RESOURCES, AND PBL TRAINING TO THE TEACHERS. INSTRUCTIONAL ADMINISTRATORS AND STEM COORDINATOR SUPPORT TEACHERS ON SITE TO ASSIST THE IMPLEMENTATION OF PBL. - PROFESSIONAL DEVELOPMENT: HARMONY BELIEVES THAT CONTENT-FOCUSED PROFESSIONAL DEVELOPMENT IS A CRITICAL NEED TO ENSURE THE QUALITY OF TEACHING SCIENCE AND MATHEMATICS. OUR STEM TRAINING MODEL HAS TWO MAJOR COMPONENTS; THE MASTERY OF CONTENT KNOWLEDGE AND DELIVERY OF THE CONTENT WITH EFFECTIVE INSTRUCTIONAL PRACTICES. - STEM CULTURE: THE DEPARTMENT ALSO PROVIDES STRATEGIES AND RESOURCES FOR SCHOOLS TO BUILD STEM SCHOOL ATMOSPHERE CONNECTING THE STUDENTS TO HIGHER EDUCATION. WE DESIGN A VARIETY OF OPPORTUNITIES FOR STUDENTS TO TAKE STEM EDUCATION "BEYOND THE CLASSROOM- AND SEE HOW TODAY'S INSTRUCTION CONNECTS TO CAREER AND LIFELONG LEARNING. APPROACH WE ARE KNOWN FOR OUR PROJECT-BASED, HANDS-ON APPROACH TO LEARNING. OUR APPROACH IS BORN OUT OF THE BELIEF THAT KIDS LEARN BEST BY EXPLORING, DISCOVERING, AND COLLABORATING IN CAREFULLY MATCHED SMALL GROUPS. THIS IS EQUALLY TRUE IN SCIENCE AND MATH AS IT IS IN ENGLISH LITERATURE OR ART. THIS CONSTRUCTIVIST APPROACH IS A LOT LIKE TINKERING. IT ENCOURAGES STUDENTS TO DRAW CONNECTIONS BETWEEN DISCIPLINES AND BUILD ON THEIR PREVIOUS EXPERIENCE. IT GIVES THEM THE TIME AND SPACE TO TEST THEIR IDEAS AND TO FIGURE OUT HOW THINGS IN THE WORLD WORK. IT SHOWS THEM THAT YOU HAVE TO FAIL A LOT IN ORDER TO LEARN AND THAT FAILURE IS AT THE HEART OF INNOVATION AND INVENTION. THIS IS THE WAY 21ST CENTURY SKILLS ARE BUILT. WE BELIEVE THAT OUR SMALL CLASSROOMS AND COLLABORATIVE LEARNING STYLE CREATE AN INVITING, SAFE, AND PURPOSEFUL ENVIRONMENT WHERE STUDENTS THRIVE. WALK INTO ANY CLASSROOM AND YOU WILL SEE CHILDREN PEACEFULLY SOLVING THEIR CONFLICTS WITH THE LOVING SUPPORT OF OUR DEDICATED TEACHERS. OUR BEHAVIORAL EXPECTATIONS ARE CLEAR AND OUR STUDENTS HAPPILY RISE TO MEET THEM. HARMONY'S FRIENDLY AND RESPECTFUL ATMOSPHERE IS CONTAGIOUS AND CARRIES ON WELL AFTER SCHOOL IS OVER. THE CHARTER SCHOOL HAS AN EXTENDED DAY MODEL. STUDENTS RECEIVE AN EXTRA 5 HOURS OF MATH AND ELA INSTRUCTION WEEKLY. TEACHERS ARE ABLE TO DELIVER DATA-DRIVEN, INDIVIDUALIZED, CENTER-BASED INSTRUCTION. MATH AND READING INTERVENTIONISTS ARE ABLE TO MEET ACADEMICALLY STRUGGLING STUDENTS TWICE A WEEK IN SMALL GROUPS OR ONE-ON-ONE TO GIVE INTENSIVE ACADEMIC SUPPORT TO THE STUDENTS. ASSESSMENT WE USE AMPLIFY'S DIBELS NEXT AND READING 3D, NWEA'S MAP, CURRICULUM ASSESSMENTS, AND BI-WEEKLY TESTS TO MEASURE STUDENT GROWTH AND GRADE-LEVEL PROFICIENCY IN MATH, READING, AND LANGUAGE USAGE, TAKING A BASELINE AT THE BEGINNING OF THE YEAR AND ONE AT MID-TERMS. PROGRESS MONITORING ASSESSMENTS ARE USED ONCE A MONTH TO TRACK STUDENT ACHIEVEMENT MORE CLOSELY. THE RESULTING DATA GIVES OUR TEACHERS ESSENTIAL INFORMATION ABOUT WHAT EACH STUDENT KNOWS SO THAT THEY CAN CREATE TUTORING ROSTERS, SMALL GROUPS, AND TARGETED INSTRUCTIONAL PLANS TO REINFORCE, DEVELOP, OR INTRODUCE SPECIFIC SKILLS AND CONCEPTS. PROFESSIONAL DEVELOPMENT CONTINUOUS AND EMBEDDED PROFESSIONAL DEVELOPMENT IS THE KEY FOR RAISING STUDENT ACHIEVEMENT AND WE TAKE IT SERIOUSLY AT HARMONY. EVERY WEDNESDAY AFTERNOON OUR TEACHERS COLLABORATE IN A PROFESSIONAL LEARNING COMMUNITY (PLC) TO SHARE THEIR STRUGGLES AND WHAT WORKS IN A FOCUSED AND POWERFUL WAY. OUTSIDE OF THE FORMAL PLC S
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE HARMONY DC PUBLIC CHARTER SCHOOLS PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2024, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2020 THROUGH 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. IT IS THE CHARTER SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2024, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS. THE NON-DISCRIMINATORY POLICY IS EXPLICITLY STATED IN THE REGISTRATION APPLICATION AND OUR BROCHURE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE CHARTER SCHOOL RECEIVES PUBLIC FUNDS FROM THE DC GOVERNMENT BASED ON THE NUMBER OF STUDENTS THEY ENROLL ACCORDING TO THE UNIFORM PER STUDENT FUNDING FORMULA DEVELOPED BY THE MAYOR AND CITY COUNCIL. THIS PER PUPIL ALLOCATION IS SUPPLEMENTED WITH EXTRA FUNDS FOR STUDENTS WITH SPECIAL NEEDS. THE CHARTER SCHOOL ALSO RECEIVES GOVERNMENTAL ASSISTANCE IN THE FORM OF YEARLY GOVERNMENTAL GRANTS. MOST FUNDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION PASSED THROUGH THE OFFICE OF THE STATE SUPERINTENDENT OF EDUCATION IN THE DISTRICT OF COLUMBIA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE CHARTER SCHOOL IS TO PREPARE STUDENTS FOR HIGHER LEARNING IN A SAFE, CARING, AND COLLABORATIVE ATMOSPHERE THROUGH A QUALITY LEARNER-CENTERED EDUCATIONAL PROGRAM WITH A STRONG EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS.

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