Civic Intelligence

Great Oaks Charter School - Bridgeport

EIN 47-1159132 • 501(c)3 • Bridgeport, CT

Profile

Great oaks charter school-bridgeport seeks to provide all students with the opportunity to be successful in the career or college of their choice. Through our partnership with americorps, great oaks provides embedded tutoring to all students in grades 6 through 10 to reduce class size, and utilizes data to target learning challenges and accelerate student growth. By providing additional opportunities outside of the classroom for learning through extracurricular activities, college visits, community partnerships, and extended in-person and online tutoring, we can create an equitable environment for all students.

375 Howard AvenueBridgeport, CT 06605

bridgeport.greatoakscharter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.89x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

85th percentile

1.43x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

34th percentile

-0.4%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

52nd percentile

$192,133

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

19th percentile

-4.6%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

60th percentile

12%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$20,794,732

Down $1,655,889 (-7.4%) from 2023

Liabilities

Down

$18,539,355

Down $893,036 (-4.6%) from 2023

Net Assets

Down

$2,255,377

Down $762,853 (-25%) from 2023

Revenue

Down

$11,009,334

Down $1,252,870 (-10%) from 2023

Expenses

Down

$11,772,187

Down $493,646 (-4.0%) from 2023

Net Income

Down

-$762,853

Down $759,224 (-20921%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2014: $52,213Liabilities 2014: $52,213Net Assets 2014: $02014Assets 2015: $386,555Liabilities 2015: $227,376Net Assets 2015: $159,1792015Assets 2016: $955,854Liabilities 2016: $197,424Net Assets 2016: $758,4302016Assets 2017: $1,234,951Liabilities 2017: $505,631Net Assets 2017: $729,3202017Assets 2018: $1,843,404Liabilities 2018: $540,264Net Assets 2018: $1,303,1402018Assets 2019: $5,675,001Liabilities 2019: $3,626,760Net Assets 2019: $2,048,2412019Assets 2020: $5,375,602Liabilities 2020: $2,970,058Net Assets 2020: $2,405,5442020Assets 2021: $4,760,394Liabilities 2021: $2,113,319Net Assets 2021: $2,647,0752021Assets 2022: $4,651,040Liabilities 2022: $1,629,181Net Assets 2022: $3,021,8592022Assets 2023: $22,450,621Liabilities 2023: $19,432,391Net Assets 2023: $3,018,2302023Assets 2024: $20,794,732Liabilities 2024: $18,539,355Net Assets 2024: $2,255,3772024

Highlighted filing

2024

Assets$20,794,732
Liabilities$18,539,355
Net Assets$2,255,377

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $2,046,419Expenses 2015: $1,887,240Net Income 2015: $159,1792015Revenue 2016: $4,268,821Expenses 2016: $3,669,570Net Income 2016: $599,2512016Revenue 2017: $4,447,874Expenses 2017: $4,476,984Net Income 2017: -$29,1102017Revenue 2018: $5,771,960Expenses 2018: $5,198,140Net Income 2018: $573,8202018Revenue 2019: $7,078,257Expenses 2019: $6,333,156Net Income 2019: $745,1012019Revenue 2020: $9,043,293Expenses 2020: $8,685,990Net Income 2020: $357,3032020Revenue 2021: $9,171,396Expenses 2021: $8,929,865Net Income 2021: $241,5312021Revenue 2022: $10,524,975Expenses 2022: $10,150,191Net Income 2022: $374,7842022Revenue 2023: $12,262,204Expenses 2023: $12,265,833Net Income 2023: -$3,6292023Revenue 2024: $11,009,334Expenses 2024: $11,772,187Net Income 2024: -$762,8532024

Highlighted filing

2024

Revenue$11,009,334
Expenses$11,772,187
Net Income-$762,853

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$11,009,334
Mission and Program Overview

Mission

Great oaks charter school is a public school providing high-dosage tutoring, data-driven learning strategies & extra-curricular opportunities to students in grades 6-12 to ensure success in the career or college of their choice. Great oaks charter school - bridgeport provides all students with high-quality education through high-dosage tutoring & individualized academic support. Our teachers and americorps fellows/tutors foster strong relationships to help students thrive academically and socially. Through strategic leadership, restorative practices and a commitment to innovation, the school has transformed student culture, improved academic achievement and built a sustainable educator pipeline. As we enter our second decade, go-bpt remains dedicated to closing the opportunity gap and preparing every student for college and career success.

Great oaks charter school uses high-dosage tutoring & a whole-student approach to academic success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,514,448$2,355,405▼ $159,043
Accounts Receivable$1,158,593$794,342▼ $364,251
Cash and Non-Interest-Bearing Accounts$418,621$180,659▼ $237,962
Prepaid Expenses and Deferred Charges$45,418$155,395▲ $109,977
Savings and Temporary Cash Investments$44,267$8,994▼ $35,273
Total Assets$22,450,621$20,794,732▼ $1,655,889
Other Assets Total$18,269,274$17,299,937▼ $969,337
Liabilities
Other Liabilities$18,746,504$17,853,447▼ $893,057
Accounts Payable and Accrued Expenses$685,887$685,908▲ $21
Total Liabilities$19,432,391$18,539,355▼ $893,036
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,018,230$2,255,377▼ $762,853
Total Net Assets Fund Balance$3,018,230$2,255,377▼ $762,853
Total Liabilities and Net Assets / Fund Balance$22,450,621$20,794,732▼ $1,655,889

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,808,422$691,578$2,500,000
Equipment$141,157$1,677,879$1,819,036
Leasehold Improvements$386,090$89,723$475,813
Other Land Buildings$19,736$137,380$157,116
Other Assets Org$175,281--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John ScaliceChief Executive DirectorFT$176,174$202$176,376
Latoya HubbardChief Operating OfficerFT$132,348$28,652$161,000
Christopher PellegrinoHigh School PrincipalFT$128,080$16,856$144,936
Denise LinaresMiddle School PrincipalFT$123,430$16,299$139,729
Kay-ann Hewell-walkerDirector of CurriculumFT$105,095$27,920$133,015
Karen Francis - BarnesDirector of CurriculumFT$115,953-$115,953
Heather ChilaHigh School Assistant PrincipalFT$102,919$9,359$112,278
Daniel LucianoDirector/teacherFT$66,843$8,949$75,792
Benjamin ChanChief Financial OfficerFT$30,603$4,303$34,906

Board Members and Trustees

NameTitle
Bob CarlsonChairperson
Bea BagleyDirector
David ZieffDirector
Dr Mathew NwosuDirector
Selena MorganDirector
Tenssie RamsayDirector
Eva VegaSecretary
Corey SneedTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Great Oaks FoundationManagement And Tutoring240 BLEECKER STREET, New York, NY 10014$486,866
Service Management Group LLCJanitorial Services25 CONTROLS DRIVE, Shelton, CT 06484$279,516
Vancord ConsultingIt Services500 BOSTON POST ROAD, Milford, CT 06460$161,700
Revenue and Support

Revenue Composition

Contributions and Grants
$2,837,477
Program Service Revenue
$8,170,105
Investment Income
$2
Other Revenue
$1,750
All Other Contributions
$230,156
Change in Net Assets
$-762,853

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,009,334
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$918,875
Total Revenue per Audited Statements
$11,928,209
Total Revenue per Form 990
$11,009,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,945,660
Other Expenses$4,826,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,268,951$195,558-$5,464,509
Occupancy$1,844,112$64,572-$1,908,684
Other Employee Benefits$582,354$21,990-$604,344
Current Officers, Directors, Trustees, and Key Employees$469,633$52,181-$521,814
Fees for Services Other$413,977$17,084-$431,061
Depreciation Depletion$406,132$16,544-$422,676
Payroll Taxes$329,719$13,738-$343,457
Information Technology$312,413$10,877-$323,290
Office Expenses$178,100$4,185-$182,285
Other Expenses$113,839$4,614-$118,453
Fees for Services Management$78,764$3,236-$82,000
Fees for Services Accounting-$49,542-$49,542
All Other Expenses$34,064$582-$34,646
Fees for Services Legal-$25,872-$25,872
Pension Plan Contributions$11,155$381-$11,536
Interest$5,274$214-$5,488
Travel$2,012--$2,012
Total Functional Expenses$11,270,115$502,072$0$11,772,187

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,691,062
Expenses per Audited Statements$11,772,187
Total Expenses per Form 990$11,772,187
Expenses Not Reported on Form 990$918,875
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
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
Right-of-use Liability Operating Lease$17,675,308
Right-of-use Liability Finance Lease$178,139
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, Part VI, Section A, Line 3

Go-bpt signed a termination agreement with great oaks foundation, a not-for-profit organization for school management services, whereby the school would assume the independent responsibility of these services in the 3rd quarter of 2023 onwards. For the fiscal year 2024, the school paid go-f management fees of $82,000 under the services agreement and a $276,913 tutor fee. In addition, the cost of this reorganization to become an independent school required additional one-time expenses in payroll administration and technical support.

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

A draft copy of the 990 was provided to the board of directors for review. The board voted to authorize the treasurer to approve the final 990.

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

The board expects that directors, administrators, faculty, staff, and other employees of the school will abide by the conflict of interest policy. The board of directors affirms that the directors, officers, administrators, faculty, staff, and other employees of the schoool have an obligation to exercise their authority and to carry out the duties of their respective positions in which their personal interests are, or may be, in conflict with the interests of the school. Where a potential conflict of interest exists it shall be the responsibility of the person involved or any other person with knowledge to notify the board of directors of the circumstances resulting in the potential conflict so that the board of directors can provide such guidance and take such action as it shall deem appropriate. Areas of potential conflict of interest are: financial interest, inside information, conflicting interest other than financial, and gifts, and favors. No director who directly or indirectly is involved in the potential conflict if interest shall be counted in determining the extistence of quorum at any meeting of the board where the potential conflict is considered, nor shall the director vote on any action of the board regarding that potential conflict.

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

To determine a reasonable and competitive compensation for the chief executive officer that will attract and retain strong talent to lead the school, the board chair and treasurer will: - review the updated roles and responsibilities of the chief executive officer - review the chief executive officer's current performance - align the proposed salary to the equitable cost of living increases within the school community - submit the recommendation to the full board for approval - perform this process at a minimum of every 2 years in addition, a survey of local charter schools will be performed based on available data

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. In addition, the financial statements and governing documents are also available upon written request.

Filing and Contact Details

Filer

Filer Name
Great Oaks Charter School - Bridgeport
EIN
47-1159132
Phone
2038708188
Address
375 HOWARD AVENUE, BRIDGEPORT, CT 06605

Signing Officer

Name
Corey Sneed
Title
Treasurer
Phone
2038708188
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Scalice
Formed
2014
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
8
Employees
145
Volunteers
9

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
ONE CORPORATE DRIVE SUITE 725, SHELTON, CT 06484-6241
Preparer
Sacha Richards
Phone
2039293535
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

As a public charter school, great oaks charter school uses high dosage tutoring, a rigorously tailored academic program and a whole-student approach to help students achieve success in the career or college of their choice. 661 students in grades 6 to 12 from the bridgeport, ct community are admitted through an open-choice lottery. As a community, we take pride in our students' social and emotional development, anchored in restorative practices aimed at teaching empathy, personal accountability and responsibility. We encourage our students to advocate for themselves, each other and their community through social causes and activities. We firmly believe that our students will shape the world, not be defined by it. As a school of innovation selected by the center for reinventing public education and our significant work with the barr foundation, great oaks charter school bridgeport is unique with its emphasis on incorporating tutoring into the school day as a normal function for all students. Our americorps fellows/tutors live on campus and work from 8 am 5 pm to deliver curriculum aligned lessons in small group settings to students of all abilities and learning needs. Professional development of americorps fellows/tutors is provided through in-classroom training, teacher certification programs and professional training to continue with their career opportunities in teaching and to better serve our students. Many of our fellows/tutors return for 2 years with a high percentage entering our school as fully-certified teachers by year 3. Teacher retention at great oaks charter school bridgeport is considerably high for a charter school organization in an urban setting. With a nearly 90% retention rate go-bpt invests in professional development through a shortened schedule every tuesday to allow teachers time for data meetings, lesson planning, development of instructional strategies and celebrations of achievement. After school activities at go-bpt are a blend of academic and non-academic programs that focus on self-directed learning, community relationships and social and emotional growth. Through our community partnerships, inclusive of 100 black men, my brothers/sisters keeper, and girl live!, students are exposed to learning and leadership opportunities in and outside of the school. Go-bpt also respects challenges to academic assistance and offers 24/7 live tutoring in all academic areas as well as an on-line academy program for multi-language learners from 5 pm 6 pm and all learners from 6 pm 7 pm every monday, wednesday and thursday. Currently, over 8 different native languages are represented by the student body. Altogether, great oaks charter school bridgeport has seen a return on investment in student achievement growing in key areas over the last 3 years while reducing absenteeism and disciplinary action.

Form 990, Part III, Line 1

Great oaks charter school - bridgeport provides all students with high-quality education through high-dosage tutoring & individualized academic support. Our teachers and americorps fellows/tutors foster strong relationships to help students thrive academically and socially. Through strategic leadership, restorative practices and a commitment to innovation, the school has transformed student culture, improved academic achievement and built a sustainable educator pipeline. As we enter our second decade, go-bpt remains dedicated to closing the opportunity gap and preparing every student for college and career success.

Form 990, Part XII, Line 2C

The school has a finance committee that is responsible for the oversight ofthe audit and the selection of the independent accountant. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Gocs-b recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that gocs-b had no uncertain tax positions that would require financial statement reconition or disclosure. Gocs-b is no longer subject to examinations by the applicable taxing jurisdiction for years prior to june 30, 2021.

Raw XML AppendixShowing 400 of 600 raw XML fields

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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF CURRICULUM
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