Civic Intelligence

Drew Charter School Inc

EIN 58-2528098 • 501(c)3 • Atlanta, GA

Profile

Drew charter school educates, nurtures and empowers all students to achieve their full potential as part of an exemplary, innovative, and equity-centered community.

300 Eva Davis WayAtlanta, GA 30317

www.drewcharterschool.org

Siviq Scores

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

Liabilities / Assets

19th percentile

0.03x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

9th percentile

0.02x

Higher debt load relative to revenue than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

21%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Down

$37,201,864

Down $4,757,080 (-11%) from 2024

Liabilities

Up

$2,332,033

Up $208,466 (+9.8%) from 2024

Net Assets

Down

$34,869,831

Down $4,965,546 (-12%) from 2024

Revenue

Down

$50,898,511

Down $6,610,566 (-11%) from 2024

Expenses

Up

$55,981,149

Up $751,521 (+1.4%) from 2024

Net Income

Down

-$5,082,638

Down $7,362,087 (-323%) from 2024

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $5,418,357Liabilities 2011: $1,346,489Net Assets 2011: $4,071,8682011Assets 2012: $6,072,984Liabilities 2012: $1,185,690Net Assets 2012: $4,887,2942012Assets 2013: $6,823,921Liabilities 2013: $1,132,961Net Assets 2013: $5,690,9602013Assets 2014: $19,568,312Liabilities 2014: $2,597,531Net Assets 2014: $16,970,7812014Assets 2015: $20,915,378Liabilities 2015: $1,951,023Net Assets 2015: $18,964,3552015Assets 2016: $21,582,725Liabilities 2016: $1,687,445Net Assets 2016: $19,895,2802016Assets 2017: $23,270,114Liabilities 2017: $1,257,602Net Assets 2017: $22,012,5122017Assets 2018: $22,929,555Liabilities 2018: $1,597,596Net Assets 2018: $21,331,9592018Assets 2019: $22,290,959Liabilities 2019: $1,548,791Net Assets 2019: $20,742,1682019Assets 2020: $28,800,151Liabilities 2020: $6,372,443Net Assets 2020: $22,427,7082020Assets 2021: $30,082,756Liabilities 2021: $1,527,763Net Assets 2021: $28,554,9932021Assets 2022: $34,692,137Liabilities 2022: $2,279,239Net Assets 2022: $32,412,8982022Assets 2023: $38,785,625Liabilities 2023: $1,229,697Net Assets 2023: $37,555,9282023Assets 2024: $41,958,944Liabilities 2024: $2,123,567Net Assets 2024: $39,835,3772024Assets 2025: $37,201,864Liabilities 2025: $2,332,033Net Assets 2025: $34,869,8312025

Highlighted filing

2025

Assets$37,201,864
Liabilities$2,332,033
Net Assets$34,869,831

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: $10,594,263Expenses 2011: $9,489,739Net Income 2011: $1,104,5242011Revenue 2012: $10,071,734Expenses 2012: $9,256,308Net Income 2012: $815,4262012Expenses 2013: $10,666,6652013Revenue 2014: $26,223,699Expenses 2014: $14,943,878Net Income 2014: $11,279,8212014Revenue 2015: $20,787,712Expenses 2015: $18,794,138Net Income 2015: $1,993,5742015Revenue 2016: $22,324,375Expenses 2016: $21,393,450Net Income 2016: $930,9252016Revenue 2017: $27,309,671Expenses 2017: $25,192,439Net Income 2017: $2,117,2322017Revenue 2018: $25,980,796Expenses 2018: $26,661,349Net Income 2018: -$680,5532018Revenue 2019: $28,273,543Expenses 2019: $28,863,334Net Income 2019: -$589,7912019Revenue 2020: $32,554,302Expenses 2020: $30,868,762Net Income 2020: $1,685,5402020Revenue 2021: $37,942,737Expenses 2021: $31,815,452Net Income 2021: $6,127,2852021Revenue 2022: $41,952,542Expenses 2022: $38,094,637Net Income 2022: $3,857,9052022Revenue 2023: $50,886,313Expenses 2023: $45,743,283Net Income 2023: $5,143,0302023Revenue 2024: $57,509,077Expenses 2024: $55,229,628Net Income 2024: $2,279,4492024Revenue 2025: $50,898,511Expenses 2025: $55,981,149Net Income 2025: -$5,082,6382025

Highlighted filing

2025

Revenue$50,898,511
Expenses$55,981,149
Net Income-$5,082,638

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$37.2$2.33$34.9$50.9$56.0$5.08
2024Detailed filing. Detailed filing data is available for this year.$42.0$2.12$39.8$57.5$55.2$2.28
2023Detailed filing. Detailed filing data is available for this year.$38.8$1.23$37.6$50.9$45.7$5.14
2022Detailed filing. Detailed filing data is available for this year.$34.7$2.28$32.4$42.0$38.1$3.86
2021Detailed filing. Detailed filing data is available for this year.$30.1$1.53$28.6$37.9$31.8$6.13
2020Detailed filing. Detailed filing data is available for this year.$28.8$6.37$22.4$32.6$30.9$1.69
2019Detailed filing. Detailed filing data is available for this year.$22.3$1.55$20.7$28.3$28.9$0.59
2018Detailed filing. Detailed filing data is available for this year.$22.9$1.60$21.3$26.0$26.7$0.68
2017Detailed filing. Detailed filing data is available for this year.$23.3$1.26$22.0$27.3$25.2$2.12
2016Detailed filing. Detailed filing data is available for this year.$21.6$1.69$19.9$22.3$21.4$0.93
2015Detailed filing. Detailed filing data is available for this year.$20.9$1.95$19.0$20.8$18.8$1.99
2014Detailed filing. Detailed filing data is available for this year.$19.6$2.60$17.0$26.2$14.9$11.3
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.82$1.13$5.69$10.7
2012Summary only. Only limited summary data is available for this year.$6.07$1.19$4.89$10.1$9.26$0.82
2011Summary only. Only limited summary data is available for this year.$5.42$1.35$4.07$10.6$9.49$1.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 9, 2026
Return Version
2024v5.5
Gross Receipts
$50,954,071
Mission and Program Overview

Mission

To serve the children and families of east lake and the surrounding communities by providing a learning environment that emphasizes high achievement and character development

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$19,752,784-
Cash and Non-Interest-Bearing Accounts$33,773,950$10,336,089▼ $23,437,861
Land, Buildings, and Equipment, Net$4,384,461$5,482,361▲ $1,097,900
Pledges and Grants Receivable$968,560$1,060,833▲ $92,273
Accounts Receivable$2,739,597$404,000▼ $2,335,597
Prepaid Expenses and Deferred Charges$92,376$165,797▲ $73,421
Total Assets$41,958,944$37,201,864▼ $4,757,080
Liabilities
Accounts Payable and Accrued Expenses$2,123,567$2,332,033▲ $208,466
Total Liabilities$2,123,567$2,332,033▲ $208,466
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,986,415$33,520,868▼ $4,465,547
Net Assets With Donor Restrictions$1,848,962$1,348,963▼ $499,999
Total Net Assets Fund Balance$39,835,377$34,869,831▼ $4,965,546
Total Liabilities and Net Assets / Fund Balance$41,958,944$37,201,864▼ $4,757,080

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,076,752$491,517$4,568,269
Equipment$765,570$2,438,977$3,204,547
Other Land Buildings$640,039$633,670$1,273,709
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter McknightHead of SchoolFT$178,417$97,476$275,893
MONISHAE M O'NEILLPrincipal, Elem AcademyFT$167,998$77,425$245,423
Leonardo FreyreChief Financial OfficerFT$169,171$74,744$243,915
Julie KoriakinChief Operating OfficerFT$167,783$73,163$240,946
Kendrick MyersPrincipal, Senior AcademyFT$165,914$73,747$239,661
Keisha HancockChief Academic OfficerFT$161,103$67,325$228,428
Charisse RichardsonChief Strategy OfficerFT$164,190$51,715$215,905
Cynthia GunnerPrincipal, Junior AcademyFT$163,295$50,678$213,973
Rachel KaneyManaging Director of CollegeFT$132,984$67,995$200,979
Courtney Bryant-gerhardtSenior Director of SteamFT$141,425$52,411$193,836

Board Members and Trustees

NameTitle
Jonathan TugmanChair
Deirdra GloverVice Chair
Althea BroughtonBoard Member
Catherine WoodlingBoard Member
Cindy EthridgeBoard Member
Ilham AskiaBoard Member
John MajorsBoard Member
Nicole McclendonBoard Member
Reina JonesBoard Member
Rodney SandersBoard Member
S Gordon Moore JrBoard Member
Shannon LonginoBoard Member
Teaniese DavisBoard Member
Tonia DurdenBoard Member
Laura BollmanSecretary
Kristin MyersTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Intercontinental Commercial Services InCleaning Services912 HURRICANE SHOALS RD NE, Lawrenceville, GA 30043$470,852
Synergy Campus Security ServicesSecurity Services113 CORPORATE PARK EAST, Lagrange, GA 30241$386,196
Republic ServicesWaste Management ServicesP O BOX 9001099, Louisville, KY 40290$223,904
Ymca Metropolitan AtlantaEducational Services275 EAST LAKE BLVD, Atlanta, GA 30317$129,294
Hands On Atlanta INCStaffing Services600 MEANS STREET STE 100, Atlanta, GA 30318$112,110
Revenue and Support

Revenue Composition

Contributions and Grants
$48,595,727
Program Service Revenue
$1,915,735
Investment Income
$412,911
Other Revenue
$-25,862
All Other Contributions
$1,194,310
Change in Net Assets
$-5,082,638

Audited Revenue Reconciliation

Revenue per Audited Statements
$50,898,511
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,932,027
Total Revenue per Audited Statements
$58,830,538
Total Revenue per Form 990
$50,898,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$43,742,557
Other Expenses$12,235,992
Grants and Similar Amounts Paid$2,600
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$27,539,683$4,868,737-$32,408,420
Pension Plan Contributions$4,525,476$870,009-$5,395,485
Other Employee Benefits$3,391,358$519,237-$3,910,595
Fees for Services Other$2,813,406$875,105-$3,688,511
Occupancy$2,151,948--$2,151,948
Current Officers, Directors, Trustees, and Key Employees$1,156,029$204,471-$1,360,500
Depreciation Depletion$1,318,801--$1,318,801
Payroll Taxes$588,203$79,354-$667,557
Information Technology$503,657$132,764-$636,421
Other Expenses$482,812$76,903-$559,715
Insurance$269,318$62,937-$332,255
Office Expenses$85,292$96,817-$182,109
Fees for Services Accounting-$61,820-$61,820
Fees for Services Legal-$56,495-$56,495
All Other Expenses$25,593--$25,593
Travel$25,466--$25,466
Advertising-$3,276-$3,276
Grants to Domestic Individuals$2,600--$2,600
Total Functional Expenses$47,900,733$8,080,416$0$55,981,149

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$63,796,084
Expenses per Audited Statements$55,981,149
Total Expenses per Form 990$55,981,149
Expenses Not Reported on Form 990$7,814,935
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 A, Line 7A

East lake foundation has the right to appoint 50% less one of the board members.

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

Upon receipt of the completed conflict of interest questionnaires discussed on part vi, section b, line 12c, the drew charter school finance department will review all questionnaires. The public accounting firm, warren averett, finalizes the return and provides technical and reporting advice to the finance committee to ensure a complete and accurate return is filed with the irs. The finance committee will review and approve the irs form 990 and will send a final draft version to all board members after approval. Board members will then review the irs form 990 and send any comments to the cfo to be reviewed and incorporated as appropriate in the irs form 990. Board members will then receive a final irs form 990 prior to submission to the irs.

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

Annual conflict of interest questionnaires are sent by the drew charter school finance department to all board members and key employees to determine if any relationships or transactions exist which would give rise to a conflict of interest. Board members and key employees complete the electronic questionnaires and return them to the drew finance department for review. Any potential conflicts of interest are reviewed and resolved in accordance with the organization's conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The school board reviews and approves the head of school's salary and contract while the head of school approves salaries for officers and highly compensated employees. Drew charter school follows atlanta public school's compensation policy which is updated annually based on the atlanta market.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request and presented to the public in regularly scheduled board of director meetings occurring bi-monthly throughout the year.

Filing and Contact Details

Filer

Filer Name
Drew Charter School Inc
EIN
58-2528098
Phone
4703551200
Address
300 EVA DAVIS WAY, ATLANTA, GA 30317

Signing Officer

Name
Jonathan Tugman
Title
Board Chair
Phone
4703551200
Signed
2026-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Tugman
Formed
1999
Legal Domicile
Ga
Voting Board Members
16
Independent Board Members
16
Employees
544
Volunteers
194

Preparer

Firm
Warren Averett LLC
Address
SIX CONCOURSE PARKWAY SUITE 600, ATLANTA, GA 30328
Preparer
Megan Randolph
Phone
7703961100
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Drew charter school educates, nurtures and empowers all students to achieve their full potential as part of an exemplary, innovative, and equity-centered community. The charter school employs a steam (science, technology, engineering, arts, and mathematics) curriculum with instruction delivered through project-based learning.

Form 990, Part III, Line 4A

Drew charter school's approach is based on our commitment to equity, particularly the belief that every child has gifts and talents that must be explored and nurtured. We believe in encouraging all students to reach their full potential. A drew education supports strong intellectual, physical, social, and emotional growth.

FORM 990, PART XII, LINE 2C:

The organization has not changed either its oversight process or selection process during the tax year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct rental expenses 22,492. Depreciation allocation - rental 33,068.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct rental expenses 22,492. Depreciation allocation - rental 33,068.

Raw XML AppendixShowing 400 of 839 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.

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IRS990/Desc0DREW CHARTER SCHOOL SERVES AS A KEY COMPONENT OF THE CRADLE-TO-COLLEGE PIPELINE WITHIN THE HOLISTIC EAST LAKE NEIGHBORHOOD REVITALIZATION. APPRECIATING OUR UNIQUE STATUS AS A MIXED-INCOME SCHOOL, DREW CHARTER SCHOOL'S PRIMARY PURPOSE IS TO PROVIDE AN EXCELLENT EDUCATION TO ALL CHILDREN LIVING IN THE VILLAGES OF EAST LAKE SO THAT EACH STUDENT REACHES HIS OR HER FULL POTENTIAL AND IS LAUNCHED ON A PATHWAY TO HEALTH, IMPACT AND PROSPERITY.DREW CHARTER SCHOOL'S APPROACH IS BASED ON THE BELIEF THAT EVERY CHILD HAS GIFTS AND TALENTS THAT MUST BE DISCOVERED AND NURTURED. ALL STUDENTS ARE CONSISTENTLY ENCOURAGED TO STRIVE TO DO THEIR BEST SO THEY MAY REACH THEIR HIGHEST POTENTIAL. A DREW EDUCATION IS ONE THAT SUPPORTS STRONG INTELLECTUAL, PHYSICAL, SOCIAL, AND EMOTIONAL GROWTH, AND DREW CHARTER SCHOOL STUDENTS ARE EQUIPPED WITH THE KNOWLEDGE, SKILLS, AND PASSION TO CREATE POSITIVE CHANGE IN THE WORLD.
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