Civic Intelligence

Provident Charter School

990 • Fiscal year 2023 • EIN 61-1617717

Jul 01, 2022 to Jun 30, 2023 • Filed on May 01, 2024

1400 Troy Hill RoadPittsburgh, PA 15212

(412) 921-6100

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.12x

Higher debt load relative to assets than 42% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.10x

Higher debt load relative to revenue than 29% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

84th percentile

31%

Faster asset growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

6.7%

Faster revenue growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$10,651,585

Up $2,490,485 (+31%) from 2022

Net Assets

Up

$9,403,857

Up $1,983,699 (+27%) from 2022

Liabilities

Up

$1,247,728

Up $506,786 (+68%) from 2022

Revenue

Up

$12,383,325

Up $782,464 (+6.7%) from 2022

Expenses

Up

$10,399,626

Up $826,680 (+8.6%) from 2022

Net Income

Down

$1,983,699

Down $44,216 (-2.2%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $22,535Liabilities 2015: $0Net Assets 2015: $22,5352015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $2,956,675Liabilities 2017: $2,850,522Net Assets 2017: $106,1532017Assets 2018: $3,309,400Liabilities 2018: $2,953,394Net Assets 2018: $356,0062018Assets 2019: $4,157,997Liabilities 2019: $2,834,259Net Assets 2019: $1,323,7382019Assets 2020: $6,119,641Liabilities 2020: $3,112,739Net Assets 2020: $3,006,9022020Assets 2021: $5,986,455Liabilities 2021: $594,211Net Assets 2021: $5,392,2442021Assets 2022: $8,161,100Liabilities 2022: $740,942Net Assets 2022: $7,420,1582022Assets 2023: $10,651,585Liabilities 2023: $1,247,728Net Assets 2023: $9,403,8572023Assets 2024: $12,347,101Liabilities 2024: $729,248Net Assets 2024: $11,617,8532024

Highlighted filing

2023

Assets$10,651,585
Liabilities$1,247,728
Net Assets$9,403,857

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $106,930Expenses 2015: $84,591Net Income 2015: $22,3392015Revenue 2016: $532,277Expenses 2016: $140,160Net Income 2016: $392,1172016Revenue 2017: $1,946,078Expenses 2017: $2,250,734Net Income 2017: -$304,6562017Revenue 2018: $3,930,145Expenses 2018: $3,680,292Net Income 2018: $249,8532018Revenue 2019: $6,216,090Expenses 2019: $5,248,358Net Income 2019: $967,7322019Revenue 2020: $8,906,296Expenses 2020: $7,295,123Net Income 2020: $1,611,1732020Revenue 2021: $10,611,560Expenses 2021: $8,243,585Net Income 2021: $2,367,9752021Revenue 2022: $11,600,861Expenses 2022: $9,572,946Net Income 2022: $2,027,9152022Revenue 2023: $12,383,325Expenses 2023: $10,399,626Net Income 2023: $1,983,6992023Revenue 2024: $12,249,788Expenses 2024: $10,021,391Net Income 2024: $2,228,3972024

Highlighted filing

2023

Revenue$12,383,325
Expenses$10,399,626
Net Income$1,983,699
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 1, 2024
Return Version
2022v5.0
Gross Receipts
$12,415,633
Mission and Program Overview

Mission

Provident charter school is a pennsylvania charter school that serves elementary (grade levels 2-8) level students with dyslexia, a learning disorder that can adversely impact a student's ability to read, write, and learn.

Provident charter school is designed for children with dyslexia and other language-based learning differences to access their potential by providing a high quality, well-rounded education that is delivered through multi-sensory instructional methods and individual learning plans. Our students move into high school prepared to succeed and confident in their own abilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,013$4,099,714▲ $4,093,701
Accounts Receivable$1,833,418$2,446,691▲ $613,273
Land, Buildings, and Equipment, Net$2,390,042$2,317,715▼ $72,327
Cash and Non-Interest-Bearing Accounts$3,860,891$1,699,320▼ $2,161,571
Prepaid Expenses and Deferred Charges$70,736$88,145▲ $17,409
Total Assets$8,161,100$10,651,585▲ $2,490,485
Liabilities
Accounts Payable and Accrued Expenses$739,942$1,246,728▲ $506,786
Deferred Revenue$1,000$1,000→ $0
Total Liabilities$740,942$1,247,728▲ $506,786
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,420,158$9,403,857▲ $1,983,699
Total Net Assets Fund Balance$7,420,158$9,403,857▲ $1,983,699
Total Liabilities and Net Assets / Fund Balance$8,161,100$10,651,585▲ $2,490,485

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,238,026$653,067$2,891,093
Equipment$60,589$178,341$238,930
Land$19,100-$19,100
Compensation and Service Providers

Board Members and Trustees

NameTitle
Curtis KossmanPresident/acting Treasurer
B Jean Ferketish PhdVice President
David Baker Sphr ScpBoard Member
George RobinsonBoard Member
Joe DimarioBoard Member
John RushfordBoard Member
Sheila Conway PhdBoard Member
Terry SmithBoard Member
Daniel J Sponseller EsqSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,362,297
Program Service Revenue
$10,836,762
Investment Income
$32,435
Other Revenue
$151,831
All Other Contributions
$38,270
Change in Net Assets
$1,983,699

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,383,324
Revenue Not Reported on Financial Statements
$1
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1
Total Revenue per Audited Statements
$12,383,324
Total Revenue per Form 990
$12,383,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,376,541
Other Expenses$2,023,085
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,992,448--$5,992,448
Other Employee Benefits$1,416,491--$1,416,491
All Other Expenses$539,682--$539,682
Pension Plan Contributions$523,875--$523,875
Payroll Taxes$443,727--$443,727
Occupancy$185,648--$185,648
Depreciation Depletion$140,276--$140,276
Information Technology$128,214--$128,214
Fees for Services Management$99,459--$99,459
Fees for Services Legal$98,690--$98,690
Other Expenses$90,762--$90,762
Fees for Services Other$72,791--$72,791
Advertising$63,710--$63,710
Insurance$50,593--$50,593
Travel$18,486--$18,486
Fees for Services Accounting$16,860--$16,860
Interest$2,577--$2,577
Total Functional Expenses$10,399,626$0$0$10,399,626

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,399,626
Expenses per Audited Statements$10,399,625
Total Expenses per Audited Statements$10,399,625
Expenses Not Reported on Financial Statements$1
Other Expense Adjustments$1
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,732
Fundraising Direct Expenses$0
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
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
No
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, Part VI, Section B, Line 11B

The draft return is provided at the monthly board meeting and approved before filing.

Form 990, Part VI, Section C, Line 18

The organization uses it's website to make all organization documents available to the public.

Form 990, Part VI, Section C, Line 19

The organization uses it's website to make all organization documents available to the public.

Filing and Contact Details

Filer

Filer Name
Provident Charter School
EIN
61-1617717
Phone
4129216100
Address
1400 TROY HILL ROAD, PITTSBURGH, PA 15212

Signing Officer

Name
Curtis Kossman
Title
President
Phone
4127095160
Signed
2024-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curtis Kossman
Formed
2008
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
123
Volunteers
68

Preparer

Firm
Goff Backa Alfera & Company LLC
Address
3325 SAW MILL RUN BLVD SUITE 200, PITTSBURGH, PA 15227-2736
Preparer
Richard J Alfera CPA
Phone
4128855045
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING

PART XII, LINE 4B - OTHER ADJUSTMENTS:

ROUNDING

Raw XML AppendixShowing 400 of 436 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/ActivityOrMissionDesc0PROVIDENT CHARTER SCHOOL IS DESIGNED FOR CHILDREN WITH DYSLEXIA AND OTHER LANGUAGE-BASED LEARNING DIFFERENCES TO ACCESS THEIR POTENTIAL BY PROVIDING A HIGH QUALITY, WELL-ROUNDED EDUCATION THAT IS DELIVERED THROUGH MULTI-SENSORY INSTRUCTIONAL METHODS AND INDIVIDUAL LEARNING PLANS. OUR STUDENTS MOVE INTO HIGH SCHOOL PREPARED TO SUCCEED AND CONFIDENT IN THEIR OWN ABILITIES.
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05992448
IRS990/OtherSalariesAndWagesGrp/TotalAmt05992448
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0443727
IRS990/PayrollTaxesGrp/TotalAmt0443727
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0523875
IRS990/PensionPlanContributionsGrp/TotalAmt0523875
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt070736
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt088145
IRS990/PrincipalOfficerNm0CURTIS KOSSMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010836762
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010836762
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01400386
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-225
IRS990/PYOtherExpensesAmt02092812
IRS990/PYOtherRevenueAmt088891
IRS990/PYProgramServiceRevenueAmt010111809
IRS990/PYRevenuesLessExpensesAmt02027915
IRS990/PYSalariesCompEmpBnftPaidAmt07480134
IRS990/PYTotalExpensesAmt09572946
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011600861
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01983699
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011007296
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt02238026
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0653067
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02891093
IRS990ScheduleD/EquipmentGrp/BookValueAmt060589
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0178341
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0238930
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01
IRS990ScheduleD/ExpensesSubtotalAmt010399625
IRS990ScheduleD/LandGrp/BookValueAmt019100
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019100
IRS990ScheduleD/OtherExpensesNotIncludedAmt01
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01
IRS990ScheduleD/RevenueSubtotalAmt012383324
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ROUNDING
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ROUNDING
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02317715
IRS990ScheduleD/TotalExpensesPerForm990Amt010399626
IRS990ScheduleD/TotalRevenuePerForm990Amt012383325
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012383324
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010399625
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLICIZES THE NONDISCRIMINATORY POLICY IN NEWSPAPERS AND OTHER PLACES AS REQUIRED BY THE CHARTER SPECIFICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT RETURN IS PROVIDED AT THE MONTHLY BOARD MEETING AND APPROVED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION USES IT'S WEBSITE TO MAKE ALL ORGANIZATION DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION USES IT'S WEBSITE TO MAKE ALL ORGANIZATION DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08161100
IRS990/TotalAssetsEOYAmt010651585
IRS990/TotalAssetsGrp/BOYAmt08161100
IRS990/TotalAssetsGrp/EOYAmt010651585
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01362297
IRS990/TotalEmployeeCnt0123
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010399626
IRS990/TotalFunctionalExpensesGrp/TotalAmt010399626
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0740942
IRS990/TotalLiabilitiesEOYAmt01247728
IRS990/TotalLiabilitiesGrp/BOYAmt0740942
IRS990/TotalLiabilitiesGrp/EOYAmt01247728
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07420158
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09403857
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010399626
IRS990/TotalProgramServiceRevenueAmt010836762
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt013732
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011007296
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012383325
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt068
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08161100
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010651585
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt018486
IRS990/TravelGrp/TotalAmt018486
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt01400 TROY HILL ROAD
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015212
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09

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