Civic Intelligence

The Next Step Public Charter School

990 • Fiscal year 2018 • EIN 52-2103442

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 03, 2019

3047 15th Street NWWashington, DC 20009

(202) 319-2249

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.34x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.74x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

38th percentile

$142,414

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

64th percentile

5.8%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

14%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$22,035,271

Up $1,213,720 (+5.8%) from 2017

Net Assets

Up

$14,558,228

Up $1,467,810 (+11%) from 2017

Liabilities

Down

$7,477,043

Down $254,090 (-3.3%) from 2017

Revenue

Up

$10,038,645

Up $1,227,925 (+14%) from 2017

Expenses

Up

$8,745,393

Up $1,825,104 (+26%) from 2017

Net Income

Down

$1,293,252

Down $597,179 (-32%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $1,629,372Liabilities 2011: $326,617Net Assets 2011: $1,302,7552011Assets 2012: $10,751,011Liabilities 2012: $8,562,210Net Assets 2012: $2,188,8012012Assets 2013: $12,448,807Liabilities 2013: $8,269,228Net Assets 2013: $4,179,5792013Assets 2014: $14,530,773Liabilities 2014: $8,427,906Net Assets 2014: $6,102,8672014Assets 2015: $17,207,065Liabilities 2015: $8,307,852Net Assets 2015: $8,899,2132015Assets 2016: $19,276,429Liabilities 2016: $8,349,690Net Assets 2016: $10,926,7392016Assets 2017: $20,821,551Liabilities 2017: $7,731,133Net Assets 2017: $13,090,4182017Assets 2018: $22,035,271Liabilities 2018: $7,477,043Net Assets 2018: $14,558,2282018Assets 2019: $20,242,514Liabilities 2019: $6,241,295Net Assets 2019: $14,001,2192019Assets 2020: $15,900,666Liabilities 2020: $835,118Net Assets 2020: $15,065,5482020Assets 2021: $17,496,512Liabilities 2021: $598,339Net Assets 2021: $16,898,1732021Assets 2022: $19,225,814Liabilities 2022: $564,394Net Assets 2022: $18,661,4202022Assets 2023: $23,662,831Liabilities 2023: $898,907Net Assets 2023: $22,763,9242023Assets 2024: $26,541,448Liabilities 2024: $944,184Net Assets 2024: $25,597,2642024

Highlighted filing

2018

Assets$22,035,271
Liabilities$7,477,043
Net Assets$14,558,228

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,312,3162011Expenses 2012: $2,625,4542012Revenue 2013: $5,735,194Expenses 2013: $3,744,416Net Income 2013: $1,990,7782013Revenue 2014: $6,099,294Expenses 2014: $4,173,492Net Income 2014: $1,925,8022014Revenue 2015: $8,111,206Expenses 2015: $5,101,117Net Income 2015: $3,010,0892015Revenue 2016: $8,532,928Expenses 2016: $6,301,082Net Income 2016: $2,231,8462016Revenue 2017: $8,810,720Expenses 2017: $6,920,289Net Income 2017: $1,890,4312017Revenue 2018: $10,038,645Expenses 2018: $8,745,393Net Income 2018: $1,293,2522018Revenue 2019: $8,683,487Expenses 2019: $9,125,345Net Income 2019: -$441,8582019Revenue 2020: $10,508,603Expenses 2020: $9,529,681Net Income 2020: $978,9222020Revenue 2021: $10,453,807Expenses 2021: $8,621,182Net Income 2021: $1,832,6252021Revenue 2022: $10,187,051Expenses 2022: $8,423,804Net Income 2022: $1,763,2472022Revenue 2023: $12,905,494Expenses 2023: $8,802,990Net Income 2023: $4,102,5042023Revenue 2024: $12,400,079Expenses 2024: $9,566,739Net Income 2024: $2,833,3402024

Highlighted filing

2018

Revenue$10,038,645
Expenses$8,745,393
Net Income$1,293,252
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 3, 2019
Return Version
2017v2.3
Gross Receipts
$10,110,511
Mission and Program Overview

Mission

To provide students who face extraordinary challenges and who are not supported in traditional high schools the opportunity to continue their education.

We envision a world in which all youth receive an excellent education and the support they need to realize their full potential as human beings and contributing members of society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,821,255$13,248,134▲ $1,426,879
Land, Buildings, and Equipment, Net$8,717,435$8,438,845▼ $278,590
Prepaid Expenses and Deferred Charges$80,108$128,090▲ $47,982
Pledges and Grants Receivable$118,821$110,916▼ $7,905
Accounts Receivable$13,822$23,377▲ $9,555
Total Assets$20,821,551$22,035,271▲ $1,213,720
Other Assets Total$70,110$85,909▲ $15,799
Liabilities
Tax Exempt Bond Liabilities$7,081,432$6,907,929▼ $173,503
Accounts Payable and Accrued Expenses$383,511$521,398▲ $137,887
Deferred Revenue$51,091--
Other Liabilities$215,099$47,716▼ $167,383
Total Liabilities$7,731,133$7,477,043▼ $254,090
Net Assets / Fund Balance
Unrestricted Net Assets$13,025,418$14,337,763▲ $1,312,345
Temporarily Rstr Net Assets$65,000$220,465▲ $155,465
Total Net Assets Fund Balance$13,090,418$14,558,228▲ $1,467,810
Total Liabilities and Net Assets / Fund Balance$20,821,551$22,035,271▲ $1,213,720

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,180,452$1,803,237$8,983,689
Land$1,027,230-$1,027,230
Equipment$231,163$755,930$987,093
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie Meyer - Outgoing 126Executive DiFT$130,272$12,142$142,414
Juan Martinez - Chief of TalentAnd OutcomesFT$117,681$14,562$132,243
Arturo MartinezDay PrincipaFT$103,720$13,676$117,396
Brandi Shelton - Director of StudenSupport ServFT$101,438$13,959$115,397
Taunya Melvin - ChiefOperating ofFT$101,726$11,199$112,925

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Loncheras Di SiFood Service1717 N STREET NW STE 1, Washington, DC 20036$181,075
EdopsAccounting1611 CONNECTICUT AVE NW STE 200, Washington, DC 20009$122,253
Centronia INCEducational Svc1420 COLUMBIA RD NW, Washington, DC 20009$103,262
Revenue and Support

Revenue Composition

Contributions and Grants
$1,033,620
Program Service Revenue
$8,977,827
Investment Income
$23,566
Other Revenue
$3,632
All Other Contributions
$206,214
Change in Net Assets
$1,293,252

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,038,645
Total Revenue per Audited Statements
$10,038,645
Total Revenue per Form 990
$10,038,645
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,992,680
Other Expenses$2,660,646
Grants and Similar Amounts Paid$92,067
Total Fundraising Expense$30,661
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,453,995$302,387$11,427$4,767,809
Depreciation Depletion$371,208$41,871$1,074$414,153
Payroll Taxes$353,165$39,836$1,020$394,021
Other Employee Benefits$350,735$23,876$876$375,487
Current Officers, Directors, Trustees, and Key Employees$78,742$230,594$1,867$311,203
Interest$236,626$71,670$684$308,980
Fees for Services Other$206,319$53,055$7,910$267,284
All Other Expenses$205,598$12,597$32$218,227
Occupancy$191,275$21,574$552$213,401
Office Expenses$130,793$14,753$3,982$149,528
Pension Plan Contributions$134,657$9,166$337$144,160
Other Expenses$115,044$12,977$333$128,354
Fees for Services Accounting$111,499$12,577$322$124,398
Grants to Domestic Individuals$92,067--$92,067
Information Technology$56,258$6,346$163$62,767
Fees for Services Legal-$53,055-$53,055
Advertising$46,553--$46,553
Travel$35,239$3,915-$39,154
Insurance$20,730$2,338$60$23,128
Conferences and Meetings$7,530$850$22$8,402
Total Functional Expenses$7,775,844$938,888$30,661$8,745,393

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,745,393
Total Expenses per Audited Statements$8,745,393
Total Expenses per Form 990$8,745,393
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
Security Deposit Payable$45,187
State Income Taxes$759

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADistrict of Columbia2014-10-01$7,820,000REFINANCE LOANS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,820,000$7,723,975$765,014$96,025

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No

Governance Explanations

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

Relevant information is given to a 3rd party for 990 preparation and review. The completed document is then presented to the executive director, who presents the 990 to the finance committee. Upon the finance committee's review, it is forwarded to the full board for their approval. After final approval, the 990 is filed with the irs.

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

During the annual orientation, all new board members are required to complete and sign a disclosure document. Each person shall complete a disclosure form each year and the policy is reviewed annually by each member of the board. Prior to board action involving a conflict of interest, the board member having a conflict of interest shall disclose all facts related to the conflict of interest. Such disclosure is reflected in the minutes of the meeting and the board addresses the matter in a way to ensure the best interests of the school are furthered. The board member who has a conflict of interest shall recuse themselves from participating in the decision except to respond to questions.

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

The executive director's compensation is determined and approved by the board of directors using salary surveys, form 990's of other organizations and other appropriate information related to comparable positions of similar sized organizations. This review of executive compensation most recently occured on april 16, 2016.

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 oversite and distribution of relevant information to the public. The form 990 is made available upon request and is available on guidestar.org for public inspection.

Filing and Contact Details

Filer

Filer Name
The Next Step Public Charter
EIN
52-2103442
Phone
2023192249
Address
3047 15TH STREET NW, WASHINGTON, DC 20009

Signing Officer

Name
Jonathan Mathis
Title
Executive Director
Phone
2023192249
Signed
2019-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Mathis
Formed
1998
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
100
Volunteers
70

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, Page 2, Part III, Line 4A

Continue their education," as declared in the mission statement. In practice, the next step pcs offers three academic programs for opportunity youth: english as a second language (esl), ged english and ged espaol. Students experience comprehensive and holistic resources to ensure success, as facilitated by the division of student support and engagement-case management, childcare, transportation resources, food and diaper resources, career and life skills advising, as well as mental health services. Students at the next step pcs are exposed to their career aspirations, as well as college. Through dual enrollment, and the forthcoming early college, students at the next step pcs receive the support necessary to achieve their academic goals, while also successfully pursuing postsecondary education.

Form 990, Part XI, Line 9

Interest rate swap 174,558

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 next step public charter school performed an evaluation of uncertain tax positions for the year ended june 30, 2018 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, 2018, the statute of limitations for tax years 2014 through 2016 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, 2018, the charter school had no accruals for interest and/or penalties.

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IRS990/Desc0FOR OVER 20 YEARS, THE NEXT STEP PUBLIC CHARTER SCHOOL HAS SOUGHT TO FULFILL ITS VISION IN MEANINGFUL, INNOVATIVE, SUSTAINABLE AND REPLICABLE WAYS, FOR OPPORTUNITY YOUTH (AGES 16-24): "WE ENVISION A WORLD IN WHICH ALL YOUTH RECEIVE AN EXCELLENT EDUCATION AND THE SUPPORT THEY NEED TO REALIZE THEIR FULL POTENTIAL AS HUMAN BEINGS AND CONTRIBUTING MEMBERS OF SOCIETY." ATTENTION TO STUDENT ASPIRATIONS, AS DESCRIBED IN STUDENTS' INDIVIDUALIZED LIFE PLANS, COMMIT THE ENTIRE SCHOOL COMMUNITY TO ASSISTING ACHIEVEMENT IN ACADEMIC, PERSONAL, AND CAREER DOMAINS. THIS SCHOOL "PROVIDES STUDENTS WHO FACE EXTRAORDINARY CHALLENGES AND WHO ARE NOT SUPPORTED IN TRADITIONAL HIGH SCHOOLS WITH THE OPPORTUNITY TO CONTINUE THEIR EDUCATION," AS DECLARED IN THE MISSION STATEMENT. IN PRACTICE, THE NEXT STEP PCS OFFERS THREE ACADEMIC PROGRAMS FOR OPPORTUNITY YOUTH: ENGLISH AS A SECOND LANGUAGE (ESL), GED ENGLISH AND GED ESPAOL. STUDENTS EXPERIENCE COMPREHENSIVE AND HOLISTIC RESOURCES TO ENSURE SUCCESS, AS FACILITATED BY THE DIVISION OF STUDENT SUPPORT AND ENGAGEMENT-CASE MANAGEMENT, CHILDCARE, TRANSPORTATION RESOURCES, FOOD AND DIAPER RESOURCES, CAREER AND LIFE SKILLS ADVISING, AS WELL AS MENTAL HEALTH SERVICES. STUDENTS AT THE NEXT STEP PCS ARE EXPOSED TO THEIR CAREER ASPIRATIONS, AS WELL AS COLLEGE. THROUGH DUAL ENROLLMENT, AND THE FORTHCOMING EARLY COLLEGE, STUDENTS AT THE NEXT STEP PCS RECEIVE THE SUPPORT NECESSARY TO ACHIEVE THEIR ACADEMIC GOALS, WHILE ALSO SUCCESSFULLY PURSUING POSTSECONDARY EDUCATION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt15OPERATING OF
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt17AND OUTCOMES
IRS990/Form990PartVIISectionAGrp/TitleTxt18DAY PRINCIPA
IRS990/Form990PartVIISectionAGrp/TitleTxt19SUPPORT SERV
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IRS990/InformationTechnologyGrp/ProgramServicesAmt056258
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IRS990/MissionDesc0TO PROVIDE STUDENTS WHO FACE EXTRAORDINARY CHALLENGES AND WHO ARE NOT SUPPORTED IN TRADITIONAL HIGH SCHOOLS THE OPPORTUNITY TO CONTINUE THEIR EDUCATION.
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IRS990/OtherExpensesGrp/Desc1STUDENT MATERIALS
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IRS990/OtherExpensesGrp/TotalAmt2154745
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09166
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0134657
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IRS990/PrincipalOfficerNm0JONATHAN MATHIS
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IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL FUNDING ALLOCATION
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07643267
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11334560
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IRS990/PYContributionsGrantsAmt0753361
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.5$0.94$25.6$12.4$9.57$2.83
2023Detailed filing. Detailed filing data is available for this year.$23.7$0.90$22.8$12.9$8.80$4.10
2022Detailed filing. Detailed filing data is available for this year.$19.2$0.56$18.7$10.2$8.42$1.76
2021Detailed filing. Detailed filing data is available for this year.$17.5$0.60$16.9$10.5$8.62$1.83
2020Detailed filing. Detailed filing data is available for this year.$15.9$0.84$15.1$10.5$9.53$0.98
2019Detailed filing. Detailed filing data is available for this year.$20.2$6.24$14.0$8.68$9.13$0.44
2018Detailed filing. Detailed filing data is available for this year.$22.0$7.48$14.6$10.0$8.75$1.29
2017Detailed filing. Detailed filing data is available for this year.$20.8$7.73$13.1$8.81$6.92$1.89
2016Detailed filing. Detailed filing data is available for this year.$19.3$8.35$10.9$8.53$6.30$2.23
2015Detailed filing. Detailed filing data is available for this year.$17.2$8.31$8.90$8.11$5.10$3.01
2014Detailed filing. Detailed filing data is available for this year.$14.5$8.43$6.10$6.10$4.17$1.93
2013Summary only. Only limited summary data is available for this year.$12.4$8.27$4.18$5.74$3.74$1.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$8.56$2.19$2.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.33$1.30$2.31