Civic Intelligence

Charter Schools Action Fund

990EZ • Fiscal year 2021 • EIN 47-2045681

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 01, 2022

Organization ProfileN/A
800 Connecticut Avenue NW 300Washington, DC 20006

(202) 521-2848

Siviq Scores

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

Liabilities / Assets

98th percentile

1.51x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

1.73x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-26%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

88th percentile

50%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

-5.6%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$97,406

Up $32,637 (+50%) from 2020

Net Assets

Down

-$49,801

Down $22,033 (-79%) from 2020

Liabilities

Up

$147,207

Up $54,670 (+59%) from 2020

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin17th percentile

Revenue

Down

$85,000

Down $5,000 (-5.6%) from 2020

Expenses

Down

$107,033

Down $74,027 (-41%) from 2020

Net Income

Up

-$22,033

Up $69,027 (+76%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$800K$600K$400K$200K$0-$200KAssets 2014: $67,804Liabilities 2014: $5,949Net Assets 2014: $61,8552014Assets 2015: $137,503Liabilities 2015: $72,909Net Assets 2015: $64,5942015Assets 2016: $300,481Liabilities 2016: $18,146Net Assets 2016: $282,3352016Assets 2017: $615,481Liabilities 2017: $40,765Net Assets 2017: $574,7162017Assets 2018: $128,313Liabilities 2018: $28,039Net Assets 2018: $100,2742018Assets 2019: $114,110Liabilities 2019: $50,818Net Assets 2019: $63,2922019Assets 2020: $64,769Liabilities 2020: $92,537Net Assets 2020: -$27,7682020Assets 2021: $97,406Liabilities 2021: $147,207Net Assets 2021: -$49,8012021Assets 2022: $376,189Liabilities 2022: $287,332Net Assets 2022: $88,8572022Assets 2023: $604,996Liabilities 2023: $335,038Net Assets 2023: $269,9582023Assets 2024: $383,462Liabilities 2024: $324,336Net Assets 2024: $59,1262024

Highlighted filing

2021

Assets$97,406
Liabilities$147,207
Net Assets-$49,801
Open 2021 Filing

Operations Trend

Revenue Growth46th percentile

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

$1.0M$500K$0-$500KRevenue 2014: $100,000Expenses 2014: $38,145Net Income 2014: $61,8552014Revenue 2015: $265,000Expenses 2015: $262,261Net Income 2015: $2,7392015Revenue 2016: $245,000Expenses 2016: $27,259Net Income 2016: $217,7412016Revenue 2017: $315,000Expenses 2017: $25,093Net Income 2017: $289,9072017Revenue 2018: $0Expenses 2018: $474,442Net Income 2018: -$474,4422018Revenue 2019: $113,433Expenses 2019: $150,415Net Income 2019: -$36,9822019Revenue 2020: $90,000Expenses 2020: $181,060Net Income 2020: -$91,0602020Revenue 2021: $85,000Expenses 2021: $107,033Net Income 2021: -$22,0332021Revenue 2022: $979,471Expenses 2022: $840,813Net Income 2022: $138,6582022Revenue 2023: $565,000Expenses 2023: $383,899Net Income 2023: $181,1012023Revenue 2024: $254,081Expenses 2024: $464,913Net Income 2024: -$210,8322024

Highlighted filing

2021

Revenue$85,000
Expenses$107,033
Net Income-$22,033
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.2
Gross Receipts
$85,000
Mission and Program Overview

Mission

A social welfare organization organized to amplify the work of the national alliance for public charter schools, a 501(c)(3) organization.

Secure a significant increase in the federal charter schools program, which provides needed funds to open and replicated high performing charter schools.

Program Services

DescriptionGrantsExpenses
SECURE A SIGNIFICANT INCREASE IN THE FEDERAL CHARTER SCHOOLS PROGRAM, WHICH PROVIDES NEEDED FUNDS TO OPEN AND REPLICATED HIGH PERFORMING CHARTER SCHOOLS.$0$86,697
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NINA REESPresident & CEO-$0--
ERIC PAISNERTreasurer-$0--
JESSICA MORFFIDirector-$0--
EMILIO PACKDirector-$0--
Political and Lobbying Activity

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$14,425
Section 527 Activity Spending$0
Filing and Contact Details

Filer

Filer Name
Charter Schools Action Fund
EIN
47-2045681
Phone
2025212848
Address
800 CONNECTICUT AVENUE NW 300, WASHINGTON, DC 20006

Signing Officer

Name
Nina Rees
Title
President
Phone
2025212848
Signed
2022-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW 850, WASHINGTON, DC 20036
Preparer
Aaron M Fox
Phone
2028225000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance. Amount: 16,245. Description: marketing. Amount: 1,670. Description: bank fees. Amount: 467. Description: dues and subscriptions. Amount: 190. Total to form 990-ez, line 16: 18,572.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses. Beg. Of year amount: 3,954. End of year amount: 4,097.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to affiliate. Beg. Of year amount: 89,005. End of year amount: 133,757. Description: accounts payable. Beg. Of year amount: 3,532. End of year amount: 13,450.”

Raw XML Appendix137 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ERIC PAISNER
IRS990EZ/BooksInCareOfDetail/PhoneNum02025212848
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0800 CONNECTICUT AVENUE NW 300
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt060815
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt093309
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt085000
IRS990EZ/DirectIndirectPltclExpendAmt014652
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-22033
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt033268
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt064769
IRS990EZ/Form990TotalAssetsGrp/EOYAmt097406
IRS990EZ/GrossReceiptsAmt085000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-27768
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-49801
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-27768
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-49801
IRS990EZ/OccupancyRentUtltsAndMaintAmt05319
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NINA REES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC PAISNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JESSICA MORFFI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EMILIO PACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03954
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04097
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt018572
IRS990EZ/PoliticalCampaignActyInd01
IRS990EZ/PrimaryExemptPurposeTxt0SECURE A SIGNIFICANT INCREASE IN THE FEDERAL CHARTER SCHOOLS PROGRAM, WHICH PROVIDES NEEDED FUNDS TO OPEN AND REPLICATED HIGH PERFORMING CHARTER SCHOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SECURE A SIGNIFICANT INCREASE IN THE FEDERAL CHARTER SCHOOLS PROGRAM, WHICH PROVIDES NEEDED FUNDS TO OPEN AND REPLICATED HIGH PERFORMING CHARTER SCHOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt086697
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt049874
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt092537
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0147207
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0107033
IRS990EZ/TotalProgramServiceExpensesAmt086697
IRS990EZ/TotalRevenueAmt085000
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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
IRS990ScheduleC/Expended527ActivitiesAmt00
IRS990ScheduleC/Form1120POLFiledInd00
IRS990ScheduleC/InternalFundsContributedAmt00
IRS990ScheduleC/PoliticalExpendituresAmt014425
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S DIRECT POLITICAL CAMPAIGN ACTIVITIES INVOLVED PUBLIC COMMENTS REGARDING CAMPAIGN POSITIONS ON CHARTER SCHOOLS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE. AMOUNT: 16,245. DESCRIPTION: MARKETING. AMOUNT: 1,670. DESCRIPTION: BANK FEES. AMOUNT: 467. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 190. TOTAL TO FORM 990-EZ, LINE 16: 18,572.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 3,954. END OF YEAR AMOUNT: 4,097.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO AFFILIATE. BEG. OF YEAR AMOUNT: 89,005. END OF YEAR AMOUNT: 133,757. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,532. END OF YEAR AMOUNT: 13,450.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NINA REES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02025212848
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHARTER SCHOOLS ACTION FUND
ReturnHeader/Filer/BusinessNameControlTxt0CHAR
ReturnHeader/Filer/EIN0472045681
ReturnHeader/Filer/PhoneNum02025212848
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 CONNECTICUT AVENUE NW 300
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020006
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02028225000
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON M FOX
ReturnHeader/ReturnTs02022-11-01T10:35:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REES
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,406
Liabilities
$147,207
Net assets
-$49,801
Revenue
$85,000
Expenses
$107,033
Net income
-$22,033
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$3.24$0.59$2.54$4.65$2.11
2023Detailed filing. Detailed filing data is available for this year.$6.05$3.35$2.70$5.65$3.84$1.81
2022Detailed filing. Detailed filing data is available for this year.$3.76$2.87$0.89$9.79$8.41$1.39
2021Detailed filing. Detailed filing data is available for this year.$0.97$1.47$0.50$0.85$1.07$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.65$0.93$0.28$0.90$1.81$0.91
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.51$0.63$1.13$1.50$0.37
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.28$1.00$0.00$4.74$4.74
2017Detailed filing. Detailed filing data is available for this year.$6.15$0.41$5.75$3.15$0.25$2.90
2016Detailed filing. Detailed filing data is available for this year.$3.00$0.18$2.82$2.45$0.27$2.18
2015Detailed filing. Detailed filing data is available for this year.$1.38$0.73$0.65$2.65$2.62$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.06$0.62$1.00$0.38$0.62