Civic Intelligence

Delaware Charter Schools Network Inc.

990 • Fiscal year 2020 • EIN 51-0414527

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

100 West 10th Street No 308Wilmington, DE 19801-1642

(302) 778-5999

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

48th percentile

4.1%

Higher net margin than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$85,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 20.8% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

67th percentile

21%

Faster asset growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

26%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$203,760

Up $34,974 (+21%) from 2019

Net Assets

Up

$203,760

Up $34,974 (+21%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$408,250

Up $83,981 (+26%) from 2019

Expenses

Up

$391,643

Up $24,918 (+6.8%) from 2019

Net Income

Up

$16,607

Up $59,063 (+139%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $138,646Liabilities 2010: $1,987Net Assets 2010: $136,6592010Assets 2011: $83,125Liabilities 2011: $2,633Net Assets 2011: $80,4922011Assets 2012: $216,979Liabilities 2012: $1,490Net Assets 2012: $215,4892012Assets 2013: $423,404Liabilities 2013: $0Net Assets 2013: $423,4042013Assets 2014: $273,312Liabilities 2014: $0Net Assets 2014: $273,3122014Assets 2015: $394,323Liabilities 2015: $4,746Net Assets 2015: $389,5772015Assets 2016: $221,950Liabilities 2016: $663Net Assets 2016: $221,2872016Assets 2017: $101,760Liabilities 2017: $0Net Assets 2017: $101,7602017Assets 2018: $248,241Liabilities 2018: $7,716Net Assets 2018: $240,5252018Assets 2019: $168,786Liabilities 2019: $0Net Assets 2019: $168,7862019Assets 2020: $203,760Liabilities 2020: $0Net Assets 2020: $203,7602020Assets 2021: $253,074Liabilities 2021: $0Net Assets 2021: $253,0742021Assets 2022: $311,092Liabilities 2022: $0Net Assets 2022: $311,0922022Assets 2023: $594,924Liabilities 2023: $0Net Assets 2023: $594,9242023Assets 2024: $601,658Liabilities 2024: $0Net Assets 2024: $601,6582024

Highlighted filing

2020

Assets$203,760
Liabilities$0
Net Assets$203,760

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $55,781Expenses 2010: $87,128Net Income 2010: -$31,3472010Revenue 2011: $120,432Expenses 2011: $176,599Net Income 2011: -$56,1672011Revenue 2012: $246,971Expenses 2012: $111,974Net Income 2012: $134,9972012Revenue 2013: $448,021Expenses 2013: $240,106Net Income 2013: $207,9152013Revenue 2014: $155,446Expenses 2014: $305,538Net Income 2014: -$150,0922014Revenue 2015: $492,098Expenses 2015: $382,936Net Income 2015: $109,1622015Revenue 2016: $171,761Expenses 2016: $347,056Net Income 2016: -$175,2952016Revenue 2017: $315,943Expenses 2017: $435,470Net Income 2017: -$119,5272017Revenue 2018: $364,479Expenses 2018: $225,714Net Income 2018: $138,7652018Revenue 2019: $324,269Expenses 2019: $366,725Net Income 2019: -$42,4562019Revenue 2020: $408,250Expenses 2020: $391,643Net Income 2020: $16,6072020Revenue 2021: $376,912Expenses 2021: $327,598Net Income 2021: $49,3142021Revenue 2022: $358,411Expenses 2022: $300,393Net Income 2022: $58,0182022Revenue 2023: $644,072Expenses 2023: $360,240Net Income 2023: $283,8322023Revenue 2024: $349,872Expenses 2024: $343,138Net Income 2024: $6,7342024

Highlighted filing

2020

Revenue$408,250
Expenses$391,643
Net Income$16,607
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.2
Gross Receipts
$408,250
Mission and Program Overview

Mission

To promote quality in public education

The mission of the delaware charter schools network is to promote excellence in public education by supporting and advocating for delaware charter schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$74,430$120,529▲ $46,099
Savings and Temporary Cash Investments$49,826$58,080▲ $8,254
Accounts Receivable$39,680$19,915▼ $19,765
Prepaid Expenses and Deferred Charges$4,850--
Total Assets$168,786$203,760▲ $34,974
Other Assets Total$0$5,236▲ $5,236
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$168,786$203,760▲ $34,974
Total Net Assets Fund Balance$168,786$203,760▲ $34,974
Total Liabilities and Net Assets / Fund Balance$168,786$203,760▲ $34,974
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kendall MassettCEOFT$85,000$85,000

Board Members and Trustees

NameTitle
Chuck TaylorPresident
Edward EmmettVice-president
Courtney FoxDirector
David BlowmanDirector
Kate KlemasDirector
Margie Lopez-waiteDirector
Rebecca CollinsDirector
Tricia ScottDirector
Eric AndersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$179,564
Program Service Revenue
$218,397
Investment Income
$216
Other Revenue
$10,073
All Other Contributions
$9,418
Change in Net Assets
$16,607
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$237,743
Other Expenses$153,900
Total Fundraising Expense$4,978
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,925$9,704-$130,629
Current Officers, Directors, Trustees, and Key Employees$68,000$12,750$4,250$85,000
Fees for Services Other$73,578--$73,578
Office Expenses-$26,464-$26,464
Payroll Taxes$19,646$2,040$428$22,114
Fees for Services Lobbying$16,667--$16,667
Fees for Services Legal$9,386--$9,386
Occupancy$4,803$901$300$6,004
Travel$4,290--$4,290
Fees for Services Accounting-$3,937-$3,937
Insurance-$3,889-$3,889
Other Expenses-$310-$310
Advertising$201--$201
Total Functional Expenses$317,496$69,169$4,978$391,643
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 B, Line 11B

The organization's board meets to review and vote for approval of the form 990 prior to filing each year

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

The organization requires all staff and board members to disclose any conflicts of interest on an annual basis

Form 990, Part VI, Section B, Line 15

The board determines the executive directors salary using industry standards, experience and budget factors

Form 990, Part VI, Section C, Line 18

No documents available to the public.

Form 990, Part VI, Section C, Line 19

No documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Delaware Charter Schools Network
EIN
51-0414527
Phone
3027785999
Address
100 WEST 10TH STREET NO 308, WILMINGTON, DE 19801-1642

Signing Officer

Name
Kendall Massett
Title
Executive Director
Phone
3027785999
Signed
2021-05-17

Organization Details

Principal Officer
Kendall Massett
Formed
2001
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
9

Preparer

Firm
Barbacane Thornton & Company Llp
Address
3411 SILVERSIDE RD 200 SPRINGER, BLDG, WILMINGTON, DE 19810
Preparer
Jeffrey a Kowalczyk CPA
Phone
3024788940
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees: program service expenses 60,245. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,245. Public relations: program service expenses 13,333. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,333.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0179564
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0148452
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0364183
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0315779
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0171356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01179334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0294
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0165
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0405
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01183
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0393571
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99900
IRS990ScheduleA/PublicSupportPY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt01179334
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0179564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0148452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0364183
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0315779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0171356
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01179334
IRS990ScheduleA/TotalSupportAmt01180517
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
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt018916
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt015548
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt022572
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt057036
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt075662
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt062193
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt016667
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt020000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0174522
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt016667
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt016667
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt016667
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt020000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt070001
IRS990ScheduleC/GrassrootsCeilingAmt085554
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt018916
IRS990ScheduleC/LobbyingCeilingAmt0261783
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt075662
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0361643
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt016667
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0378310
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt016667
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD MEETS TO REVIEW AND VOTE FOR APPROVAL OF THE FORM 990 PRIOR TO FILING EACH YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES ALL STAFF AND BOARD MEMBERS TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DETERMINES THE EXECUTIVE DIRECTORS SALARY USING INDUSTRY STANDARDS, EXPERIENCE AND BUDGET FACTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES: PROGRAM SERVICE EXPENSES 60,245. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,245. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 13,333. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,333.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0168786
IRS990/TotalAssetsEOYAmt0203760
IRS990/TotalAssetsGrp/BOYAmt0168786
IRS990/TotalAssetsGrp/EOYAmt0203760
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0179564
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04978
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069169
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0317496
IRS990/TotalFunctionalExpensesGrp/TotalAmt0391643
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0168786
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0203760
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0317496
IRS990/TotalProgramServiceRevenueAmt0218397
IRS990/TotalReportableCompFromOrgAmt085000
IRS990/TotalRevenueGrp/ExclusionAmt010289
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0218397
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0408250
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0168786
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0203760
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04290
IRS990/TravelGrp/TotalAmt04290
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 WEST 10TH STREET NO 308
IRS990/USAddress/CityNm0WILMINGTON
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd0198011642
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0DECHARTERNETWORK.ORG
IRS990/WhistleblowerPolicyInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.02$0.00$6.02$3.50$3.43$0.07
2023Summary only. Only limited summary data is available for this year.$5.95$0.00$5.95$6.44$3.60$2.84
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.00$3.11$3.58$3.00$0.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.00$2.53$3.77$3.28$0.49
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$4.08$3.92$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$3.24$3.67$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.08$2.41$3.64$2.26$1.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$3.16$4.35$1.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.01$2.21$1.72$3.47$1.75
2015Detailed filing. Detailed filing data is available for this year.$3.94$0.05$3.90$4.92$3.83$1.09
2014Detailed filing. Detailed filing data is available for this year.$2.73$0.00$2.73$1.55$3.06$1.50
2013Summary only. Only limited summary data is available for this year.$4.23$0.00$4.23$4.48$2.40$2.08
2012Summary only. Only limited summary data is available for this year.$2.17$0.01$2.15$2.47$1.12$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.03$0.80$1.20$1.77$0.56
2010Summary only. Only limited summary data is available for this year.$1.39$0.02$1.37$0.56$0.87$0.31
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits