Civic Intelligence

Bridges Public Charter School

990 • Fiscal year 2019 • EIN 73-1681983

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 25, 2020

100 Gallatin St NEWashington, DC 20011

(202) 545-0515

Siviq Scores

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

Liabilities / Assets

55th percentile

0.25x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

32nd percentile

0.11x

Higher debt load relative to revenue than 32% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

39th percentile

$147,238

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

92nd percentile

39%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

14%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,934,626

Up $1,663,790 (+39%) from 2018

Net Assets

Up

$4,459,198

Up $1,435,343 (+47%) from 2018

Liabilities

Up

$1,475,428

Up $228,447 (+18%) from 2018

Revenue

Up

$13,470,588

Up $1,640,421 (+14%) from 2018

Expenses

Up

$12,035,245

Up $994,843 (+9.0%) from 2018

Net Income

Up

$1,435,343

Up $645,578 (+82%) from 2018

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $599,665Liabilities 2011: $332,677Net Assets 2011: $266,9882011Assets 2012: $601,246Liabilities 2012: $304,853Net Assets 2012: $296,3932012Assets 2013: $1,123,228Liabilities 2013: $418,458Net Assets 2013: $704,7702013Assets 2014: $1,756,148Liabilities 2014: $612,309Net Assets 2014: $1,143,8392014Assets 2015: $2,901,930Liabilities 2015: $1,444,859Net Assets 2015: $1,457,0712015Assets 2016: $2,794,047Liabilities 2016: $687,639Net Assets 2016: $2,106,4082016Assets 2017: $3,328,697Liabilities 2017: $1,094,607Net Assets 2017: $2,234,0902017Assets 2018: $4,270,836Liabilities 2018: $1,246,981Net Assets 2018: $3,023,8552018Assets 2019: $5,934,626Liabilities 2019: $1,475,428Net Assets 2019: $4,459,1982019Assets 2020: $9,413,537Liabilities 2020: $2,449,051Net Assets 2020: $6,964,4862020Assets 2021: $12,214,907Liabilities 2021: $1,337,287Net Assets 2021: $10,877,6202021Assets 2022: $12,531,859Liabilities 2022: $1,091,510Net Assets 2022: $11,440,3492022Assets 2023: $33,018,096Liabilities 2023: $17,482,285Net Assets 2023: $15,535,8112023

Highlighted filing

2019

Assets$5,934,626
Liabilities$1,475,428
Net Assets$4,459,198

Operations Trend

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

$20M$15M$10M$5.0M$0Expenses 2011: $1,960,1972011Expenses 2012: $2,142,8932012Revenue 2013: $3,804,527Expenses 2013: $3,396,150Net Income 2013: $408,3772013Revenue 2014: $5,377,733Expenses 2014: $4,938,664Net Income 2014: $439,0692014Revenue 2015: $7,310,036Expenses 2015: $6,996,804Net Income 2015: $313,2322015Revenue 2016: $8,931,616Expenses 2016: $8,282,279Net Income 2016: $649,3372016Revenue 2017: $9,934,677Expenses 2017: $9,806,995Net Income 2017: $127,6822017Revenue 2018: $11,830,167Expenses 2018: $11,040,402Net Income 2018: $789,7652018Revenue 2019: $13,470,588Expenses 2019: $12,035,245Net Income 2019: $1,435,3432019Revenue 2020: $14,076,838Expenses 2020: $11,571,550Net Income 2020: $2,505,2882020Revenue 2021: $15,223,838Expenses 2021: $11,310,704Net Income 2021: $3,913,1342021Revenue 2022: $13,477,400Expenses 2022: $12,914,671Net Income 2022: $562,7292022Revenue 2023: $16,818,674Expenses 2023: $12,956,380Net Income 2023: $3,862,2942023

Highlighted filing

2019

Revenue$13,470,588
Expenses$12,035,245
Net Income$1,435,343
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 25, 2020
Return Version
2018v3.2
Gross Receipts
$13,470,588
Mission and Program Overview

Mission

To provide an exemplary educational program that includes students with special needs. Our developmentally appropriate, student and family-centered educational approach nurtures students to expand their developmental skills, in order to build a foundation for life-long learning.

To provide an exemplary educational program that includes students with special needs. Our developmentally appropriate, student and family- centered educational approach nurtures students to expand their developmental skills, in order to build a foundation for life-long learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,214,684$3,873,278▲ $1,658,594
Land, Buildings, and Equipment, Net$1,045,544$877,225▼ $168,319
Prepaid Expenses and Deferred Charges$460,715$484,270▲ $23,555
Accounts Receivable$328,744$340,963▲ $12,219
Pledges and Grants Receivable$135,741$272,318▲ $136,577
Savings and Temporary Cash Investments$32,060$32,074▲ $14
Total Assets$4,270,836$5,934,626▲ $1,663,790
Other Assets Total$53,348$54,498▲ $1,150
Liabilities
Accounts Payable and Accrued Expenses$887,900$1,131,400▲ $243,500
Other Liabilities$356,125$341,368▼ $14,757
Deferred Revenue$2,956$2,660▼ $296
Total Liabilities$1,246,981$1,475,428▲ $228,447
Net Assets / Fund Balance
Unrestricted Net Assets$3,022,644$4,457,736▲ $1,435,092
Temporarily Rstr Net Assets$1,211$1,462▲ $251
Total Net Assets Fund Balance$3,023,855$4,459,198▲ $1,435,343
Total Liabilities and Net Assets / Fund Balance$4,270,836$5,934,626▲ $1,663,790

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$788,886$609,876$1,398,762
Equipment$88,339$105,230$193,569
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Olivia SmithFounderFT$134,285$12,953$147,238
Georgia VergosDirector of OperaFT$103,724$5,372$109,096
Kimberly CampbellCOO - OutgoiFT$62,406$324$62,730
Gary FriendCOO - OutgoiFT$7,896$481$8,377

Board Members and Trustees

NameTitle
Woodrow ScottBoard Chair
Marissa Morabito-reillyBoard Member
Rikki Hunt TaylorBoard Member
Tracy ClarkeBoard Member
Hassan DhoutiSecretary
Daniel JinichTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Revolution Foods INCFood Service8393 CAPWELL DRIVE, SUITE 200, Oakland, CA 94621$399,855
EdopsAcctg & Hr Svc1638 R STREET NW SUITE 300 NW, Washington, DC 20006$232,065
Mz Therapeutic Consultants INCInstruction Svc4500 NEW HAMPSHIRE AVE NW, Washington, DC 20011-4734$110,875
Revenue and Support

Revenue Composition

Contributions and Grants
$1,119,840
Program Service Revenue
$12,343,114
Investment Income
$15
Other Revenue
$7,619
All Other Contributions
$33,454
Change in Net Assets
$1,435,343

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,470,588
Revenue Not Reported on Form 990
$133,640
Total Revenue per Audited Statements
$13,604,228
Total Revenue per Form 990
$13,470,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,262,280
Other Expenses$3,772,965
Total Fundraising Expense$11,560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,381,761$530,521$6,867$6,919,149
Occupancy$1,304,023$95,914$510$1,400,447
Payroll Taxes$534,909$44,467$576$579,952
Other Employee Benefits$396,271$32,942$427$429,640
Current Officers, Directors, Trustees, and Key Employees$252,114$20,958$271$273,343
Depreciation Depletion$172,685$12,702$67$185,454
Fees for Services Other$101,508$69,787-$171,295
Fees for Services Accounting-$160,862-$160,862
All Other Expenses$96,877$53,563$2,666$153,106
Office Expenses$120,598$8,870$48$129,516
Other Expenses$109,210$8,033$43$117,286
Pension Plan Contributions$55,519$4,617$60$60,196
Information Technology$45,962$3,381$18$49,361
Fees for Services Legal-$38,430-$38,430
Insurance$18,838$1,386$7$20,231
Total Functional Expenses$10,937,252$1,086,433$11,560$12,035,245

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,168,885
Expenses per Audited Statements$12,035,245
Total Expenses per Form 990$12,035,245
Expenses Not Reported on Form 990$133,640
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
Deferred Rent$316,598
Security Deposit Payable$24,770
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

Form 990 is prepared by the outside accountant in collaboration with the school's director, and the draft return is provided to the board treasurer and finance committee for review. The approved draft is then reviewed by the full board, and they are given a period of time to comment or raise concerns prior to submitting the return for filing.

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

The board is educated about the expectation of compliance with the conflict of interest policy. In addition, board members are asked to sign an annual agreement that honors the school policy to disclose any conflict of interests. Furthermore, there is a conflict of interest policy in the school's financial management guidelines that school staff who manage funds must review. Monitoring and enforcement is done by annual review of expectations regarding conflict of interest and written signature of conflict of interest documents stating that they are aware the disclosure on any conflict must be immediately stated and that they cannot vote on any matters that are or could possibly be a conflict of interest.

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

The salary for the director of the school is set with board approval, and salary level was made by looking at a salary survey/data for charter schools in dc. The compensation for the school's head of school was reviewed as part of the annual budget and voted on by the board of trustees.

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

Salaries for other top positions in the school is set by looking at a salary survey to ensure that the salary amounts were in-line within the industry. The process of determining the compensation for other top positions was reviewed and discussed by the board of trustees.

Form 990, Page 6, Part VI, Line 19

The school makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Its governing documents and financial statements are also filed with the district of columbia public charter school board.

Filing and Contact Details

Filer

Filer Name
Bridges Public Charter School
EIN
73-1681983
Phone
2025450515
Address
100 GALLATIN ST NE, WASHINGTON, DC 20011

Signing Officer

Name
Olivia Smith
Title
Founder
Phone
2025450515
Signed
2020-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Olivia Smith
Formed
2003
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
6
Employees
251
Volunteers
80

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Robert F Prebola CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide an exemplary educational program that includes students with special needs. Our developmentally appropriate, student and family- centered educational approach nurtures students to expand their developmental skills, in order to build a foundation for life-long learning.

Form 990, Page 2, Part III, Line 4A

Bridges public charter school (the "charter school") was established to provide preschool education and after-care to students in the district of columbia to students with and without special needs. The charter school was incorporated under the laws of the district of columbia in august 2003. The school was granted a 15-year charter to operate as a public charter school in the district of columbia under the dc public school reform act of 1995. The school program opened in august of 2005. In march 2012, the charter school was granted approval by the dc public charter school board to expand into an elementary school program. For the 2017-2018 school year, the charter school serviced students in grades pre-k3 through fifth grade. Bridges public charter school is unique in the dc education landscape serving a higher percentage of students with special needs in one school building than all but one other charter school in dc (st. Coletta). Bridges provides a continuum of inclusive learning environments and high- level special education classrooms. The school student population has been consistent since opening to students in 2005: 30%-35% students with special needs, 30+% english as second language learners and 60%-65% students who qualify for free or reduced lunch (low-income). The charter school's activities are funded primarily by the district of columbia's per pupil allocation formula, supplemented with federal funds allocated to the state education agency to be distributed to schools for staff development, special education services, and other eligible expenses.

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 charter school performed an evaluation of uncertain tax positions for the year ended june 30, 2019, 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, 2019, the statute of limitations for tax years 2015 through 2017 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, 2019, the charter school had no accruals for interest and/or penalties.

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IRS990/Desc0BRIDGES PUBLIC CHARTER SCHOOL (THE "CHARTER SCHOOL") WAS ESTABLISHED TO PROVIDE PRESCHOOL EDUCATION AND AFTER-CARE TO STUDENTS IN THE DISTRICT OF COLUMBIA TO STUDENTS WITH AND WITHOUT SPECIAL NEEDS. THE CHARTER SCHOOL WAS INCORPORATED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA IN AUGUST 2003. THE SCHOOL WAS GRANTED A 15-YEAR CHARTER TO OPERATE AS A PUBLIC CHARTER SCHOOL IN THE DISTRICT OF COLUMBIA UNDER THE DC PUBLIC SCHOOL REFORM ACT OF 1995. THE SCHOOL PROGRAM OPENED IN AUGUST OF 2005. IN MARCH 2012, THE CHARTER SCHOOL WAS GRANTED APPROVAL BY THE DC PUBLIC CHARTER SCHOOL BOARD TO EXPAND INTO AN ELEMENTARY SCHOOL PROGRAM. FOR THE 2017-2018 SCHOOL YEAR, THE CHARTER SCHOOL SERVICED STUDENTS IN GRADES PRE-K3 THROUGH FIFTH GRADE. BRIDGES PUBLIC CHARTER SCHOOL IS UNIQUE IN THE DC EDUCATION LANDSCAPE SERVING A HIGHER PERCENTAGE OF STUDENTS WITH SPECIAL NEEDS IN ONE SCHOOL BUILDING THAN ALL BUT ONE OTHER CHARTER SCHOOL IN DC (ST. COLETTA). BRIDGES PROVIDES A CONTINUUM OF INCLUSIVE LEARNING ENVIRONMENTS AND HIGH- LEVEL SPECIAL EDUCATION CLASSROOMS. THE SCHOOL STUDENT POPULATION HAS BEEN CONSISTENT SINCE OPENING TO STUDENTS IN 2005: 30%-35% STUDENTS WITH SPECIAL NEEDS, 30+% ENGLISH AS SECOND LANGUAGE LEARNERS AND 60%-65% STUDENTS WHO QUALIFY FOR FREE OR REDUCED LUNCH (LOW-INCOME). THE CHARTER SCHOOL'S ACTIVITIES ARE FUNDED PRIMARILY BY THE DISTRICT OF COLUMBIA'S PER PUPIL ALLOCATION FORMULA, SUPPLEMENTED WITH FEDERAL FUNDS ALLOCATED TO THE STATE EDUCATION AGENCY TO BE DISTRIBUTED TO SCHOOLS FOR STAFF DEVELOPMENT, SPECIAL EDUCATION SERVICES, AND OTHER ELIGIBLE EXPENSES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING 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 CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2019, 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, 2019, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2015 THROUGH 2017 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, 2019, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE CHARTER SCHOOL RECEIVES PUBLIC FUNDS FROM THE DC GOVERNMENT BASED ON THE NUMBER OF STUDENTS THEY ENROLL ACCORDING TO THE UNIFORM PER STUDENT FUNDING FORMULA DEVELOPED BY THE MAYOR AND CITY COUNCIL. THIS PER PUPIL ALLOCATION IS SUPPLEMENTED WITH EXTRA FUNDS FOR STUDENTS WITH SPECIAL NEEDS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE AN EXEMPLARY EDUCATIONAL PROGRAM THAT INCLUDES STUDENTS WITH SPECIAL NEEDS. OUR DEVELOPMENTALLY APPROPRIATE, STUDENT AND FAMILY- CENTERED EDUCATIONAL APPROACH NURTURES STUDENTS TO EXPAND THEIR DEVELOPMENTAL SKILLS, IN ORDER TO BUILD A FOUNDATION FOR LIFE-LONG LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BRIDGES PUBLIC CHARTER SCHOOL (THE "CHARTER SCHOOL") WAS ESTABLISHED TO PROVIDE PRESCHOOL EDUCATION AND AFTER-CARE TO STUDENTS IN THE DISTRICT OF COLUMBIA TO STUDENTS WITH AND WITHOUT SPECIAL NEEDS. THE CHARTER SCHOOL WAS INCORPORATED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA IN AUGUST 2003. THE SCHOOL WAS GRANTED A 15-YEAR CHARTER TO OPERATE AS A PUBLIC CHARTER SCHOOL IN THE DISTRICT OF COLUMBIA UNDER THE DC PUBLIC SCHOOL REFORM ACT OF 1995. THE SCHOOL PROGRAM OPENED IN AUGUST OF 2005. IN MARCH 2012, THE CHARTER SCHOOL WAS GRANTED APPROVAL BY THE DC PUBLIC CHARTER SCHOOL BOARD TO EXPAND INTO AN ELEMENTARY SCHOOL PROGRAM. FOR THE 2017-2018 SCHOOL YEAR, THE CHARTER SCHOOL SERVICED STUDENTS IN GRADES PRE-K3 THROUGH FIFTH GRADE. BRIDGES PUBLIC CHARTER SCHOOL IS UNIQUE IN THE DC EDUCATION LANDSCAPE SERVING A HIGHER PERCENTAGE OF STUDENTS WITH SPECIAL NEEDS IN ONE SCHOOL BUILDING THAN ALL BUT ONE OTHER CHARTER SCHOOL IN DC (ST. COLETTA). BRIDGES PROVIDES A CONTINUUM OF INCLUSIVE LEARNING ENVIRONMENTS AND HIGH- LEVEL SPECIAL EDUCATION CLASSROOMS. THE SCHOOL STUDENT POPULATION HAS BEEN CONSISTENT SINCE OPENING TO STUDENTS IN 2005: 30%-35% STUDENTS WITH SPECIAL NEEDS, 30+% ENGLISH AS SECOND LANGUAGE LEARNERS AND 60%-65% STUDENTS WHO QUALIFY FOR FREE OR REDUCED LUNCH (LOW-INCOME). THE CHARTER SCHOOL'S ACTIVITIES ARE FUNDED PRIMARILY BY THE DISTRICT OF COLUMBIA'S PER PUPIL ALLOCATION FORMULA, SUPPLEMENTED WITH FEDERAL FUNDS ALLOCATED TO THE STATE EDUCATION AGENCY TO BE DISTRIBUTED TO SCHOOLS FOR STAFF DEVELOPMENT, SPECIAL EDUCATION SERVICES, AND OTHER ELIGIBLE EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTANT IN COLLABORATION WITH THE SCHOOL'S DIRECTOR, AND THE DRAFT RETURN IS PROVIDED TO THE BOARD TREASURER AND FINANCE COMMITTEE FOR REVIEW. THE APPROVED DRAFT IS THEN REVIEWED BY THE FULL BOARD, AND THEY ARE GIVEN A PERIOD OF TIME TO COMMENT OR RAISE CONCERNS PRIOR TO SUBMITTING THE RETURN FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD IS EDUCATED ABOUT THE EXPECTATION OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IN ADDITION, BOARD MEMBERS ARE ASKED TO SIGN AN ANNUAL AGREEMENT THAT HONORS THE SCHOOL POLICY TO DISCLOSE ANY CONFLICT OF INTERESTS. FURTHERMORE, THERE IS A CONFLICT OF INTEREST POLICY IN THE SCHOOL'S FINANCIAL MANAGEMENT GUIDELINES THAT SCHOOL STAFF WHO MANAGE FUNDS MUST REVIEW. MONITORING AND ENFORCEMENT IS DONE BY ANNUAL REVIEW OF EXPECTATIONS REGARDING CONFLICT OF INTEREST AND WRITTEN SIGNATURE OF CONFLICT OF INTEREST DOCUMENTS STATING THAT THEY ARE AWARE THE DISCLOSURE ON ANY CONFLICT MUST BE IMMEDIATELY STATED AND THAT THEY CANNOT VOTE ON ANY MATTERS THAT ARE OR COULD POSSIBLY BE A CONFLICT OF INTEREST.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$33.0$17.5$15.5$16.8$13.0$3.86
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$1.09$11.4$13.5$12.9$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$1.34$10.9$15.2$11.3$3.91
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.41$2.45$6.96$14.1$11.6$2.51
2019Detailed filing. Detailed filing data is available for this year.$5.93$1.48$4.46$13.5$12.0$1.44
2018Summary only. Only limited summary data is available for this year.$4.27$1.25$3.02$11.8$11.0$0.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$1.09$2.23$9.93$9.81$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.79$0.69$2.11$8.93$8.28$0.65
2015Detailed filing. Detailed filing data is available for this year.$2.90$1.44$1.46$7.31$7.00$0.31
2014Detailed filing. Detailed filing data is available for this year.$1.76$0.61$1.14$5.38$4.94$0.44
2013Summary only. Only limited summary data is available for this year.$1.12$0.42$0.70$3.80$3.40$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.30$0.30$2.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.33$0.27$1.96
Peer Organizations

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