Civic Intelligence

Bridges Public Charter School

990 • Fiscal year 2020 • EIN 73-1681983

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 11, 2021

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

54th percentile

0.26x

Higher debt load relative to assets than 54% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

35th percentile

0.17x

Higher debt load relative to revenue than 35% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

45th percentile

$161,048

Higher top officer pay than 45% of similar nonprofits.

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

92nd percentile

59%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

55th percentile

4.5%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$9,413,537

Up $3,478,911 (+59%) from 2019

Net Assets

Up

$6,964,486

Up $2,505,288 (+56%) from 2019

Liabilities

Up

$2,449,051

Up $973,623 (+66%) from 2019

Revenue

Up

$14,076,838

Up $606,250 (+4.5%) from 2019

Expenses

Down

$11,571,550

Down $463,695 (-3.9%) from 2019

Net Income

Up

$2,505,288

Up $1,069,945 (+75%) from 2019

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

2020

Assets$9,413,537
Liabilities$2,449,051
Net Assets$6,964,486

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

2020

Revenue$14,076,838
Expenses$11,571,550
Net Income$2,505,288
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 11, 2021
Return Version
2019v5.0
Gross Receipts
$14,076,838
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, individualized early childhood and elementary 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 lifelong learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,873,278$7,542,020▲ $3,668,742
Land, Buildings, and Equipment, Net$877,225$716,839▼ $160,386
Prepaid Expenses and Deferred Charges$484,270$435,637▼ $48,633
Accounts Receivable$340,963$401,312▲ $60,349
Pledges and Grants Receivable$272,318$231,137▼ $41,181
Savings and Temporary Cash Investments$32,074$32,094▲ $20
Total Assets$5,934,626$9,413,537▲ $3,478,911
Other Assets Total$54,498$54,498→ $0
Liabilities
Other Liabilities$341,368$1,514,516▲ $1,173,148
Accounts Payable and Accrued Expenses$1,131,400$899,842▼ $231,558
Deferred Revenue$2,660$34,693▲ $32,033
Total Liabilities$1,475,428$2,449,051▲ $973,623
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,457,736$6,962,271▲ $2,504,535
Net Assets With Donor Restrictions$1,462$2,215▲ $753
Total Net Assets Fund Balance$4,459,198$6,964,486▲ $2,505,288
Total Liabilities and Net Assets / Fund Balance$5,934,626$9,413,537▲ $3,478,911

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$642,425$756,337$1,398,762
Equipment$74,414$135,015$209,429
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Olivia SmithFounderFT$133,799$27,249$161,048
Georgia VergosCOOFT$117,068$6,638$123,706
Kalana ElasterPrincipalFT$117,027$4,657$121,684

Board Members and Trustees

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

Highest Paid Contractors

ContractorServicesLocationCompensation
Revolution Foods INCFood Service8393 CAPWELL DRIVE, SUITE 200, Oakland, CA 94621$411,988
EdopsAcctg & Hr Svc1638 R STREET NW SUITE 300 NW, Washington, DC 20006$225,944
Revenue and Support

Revenue Composition

Contributions and Grants
$1,036,376
Program Service Revenue
$13,038,193
Investment Income
$19
Other Revenue
$2,250
All Other Contributions
$44,730
Change in Net Assets
$2,505,288

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,076,838
Revenue Not Reported on Form 990
$142,656
Total Revenue per Audited Statements
$14,219,494
Total Revenue per Form 990
$14,076,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,006,735
Other Expenses$3,564,815
Total Fundraising Expense$10,734
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,011,968$601,703$6,856$6,620,527
Occupancy$1,318,559$96,929$541$1,416,029
Payroll Taxes$560,548$56,102$639$617,289
Other Employee Benefits$387,018$38,734$442$426,194
Current Officers, Directors, Trustees, and Key Employees$279,498$27,973$319$307,790
Depreciation Depletion$173,040$12,720$71$185,831
Fees for Services Accounting-$162,306-$162,306
Fees for Services Other$93,659$43,131-$136,790
All Other Expenses$86,497$47,210$1,716$135,423
Other Expenses$117,327$8,625$48$126,000
Information Technology$73,771$5,423$30$79,224
Office Expenses$64,438$4,737$27$69,202
Fees for Services Legal-$46,262-$46,262
Pension Plan Contributions$31,724$3,175$36$34,935
Insurance$21,458$1,577$9$23,044
Total Functional Expenses$10,404,209$1,156,607$10,734$11,571,550

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,714,206
Expenses per Audited Statements$11,571,550
Total Expenses per Form 990$11,571,550
Expenses Not Reported on Form 990$142,656
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
Refundable Advance$1,200,466
Deferred Rent$289,280
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
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
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

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 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
2021-02-11
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
228
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, individualized early childhood and elementary 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 lifelong learning.

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

Bridges public charter school (the charter school) was established to provide preschool education to students with and without special needs in the district of columbia. 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, to serve grades pre-k through fifth. The charter school reached grade level capacity in the 2017-2018 school year with fifth grade. During november 2015, the charter schools legal name was changed from bridges charter school to bridges public charter school. Bridges charter was renewed by the dc public charter school board for an additional 15 years on november 18, 2019 to operate as a public charter school in the district of columbia under the dc public school reform act of 1995. 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: 36% students with special needs, 40+% english language learners and 50%-65% students who qualify for free or reduced lunch (low-income). The charter schools activities are funded primarily by the district of columbias 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, 2020, 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, 2020, the statute of limitations for tax years 2016 through 2018 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, 2020, 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 TO STUDENTS WITH AND WITHOUT SPECIAL NEEDS IN THE DISTRICT OF COLUMBIA. 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, TO SERVE GRADES PRE-K THROUGH FIFTH. THE CHARTER SCHOOL REACHED GRADE LEVEL CAPACITY IN THE 2017-2018 SCHOOL YEAR WITH FIFTH GRADE. DURING NOVEMBER 2015, THE CHARTER SCHOOLS LEGAL NAME WAS CHANGED FROM BRIDGES CHARTER SCHOOL TO BRIDGES PUBLIC CHARTER SCHOOL. BRIDGES CHARTER WAS RENEWED BY THE DC PUBLIC CHARTER SCHOOL BOARD FOR AN ADDITIONAL 15 YEARS ON NOVEMBER 18, 2019 TO OPERATE AS A PUBLIC CHARTER SCHOOL IN THE DISTRICT OF COLUMBIA UNDER THE DC PUBLIC SCHOOL REFORM ACT OF 1995. 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: 36% STUDENTS WITH SPECIAL NEEDS, 40+% ENGLISH LANGUAGE LEARNERS AND 50%-65% STUDENTS WHO QUALIFY FOR FREE OR REDUCED LUNCH (LOW-INCOME). THE CHARTER SCHOOLS ACTIVITIES ARE FUNDED PRIMARILY BY THE DISTRICT OF COLUMBIAS 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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IRS990/Form990PartVIISectionAGrp/PersonNm5TRACY CLARKE
IRS990/Form990PartVIISectionAGrp/PersonNm6OLIVIA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7GEORGIA VERGOS
IRS990/Form990PartVIISectionAGrp/PersonNm8KALANA ELASTER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6133799
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7117068
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8117027
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt7COO
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRINCIPAL
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IRS990/FormationYr02003
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IRS990/InformationTechnologyGrp/ProgramServicesAmt073771
IRS990/InformationTechnologyGrp/TotalAmt079224
IRS990/InsuranceGrp/FundraisingAmt09
IRS990/InsuranceGrp/ManagementAndGeneralAmt01577
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IRS990/InsuranceGrp/TotalAmt023044
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019
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IRS990/IRPDocumentCnt024
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IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AN EXEMPLARY, INDIVIDUALIZED EARLY CHILDHOOD AND ELEMENTARY 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 LIFELONG LEARNING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04459198
IRS990/NetAssetsOrFundBalancesEOYAmt06964486
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06962271
IRS990/NoncashContributionsAmt015752
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0541
IRS990/OccupancyGrp/ManagementAndGeneralAmt096929
IRS990/OccupancyGrp/ProgramServicesAmt01318559
IRS990/OccupancyGrp/TotalAmt01416029
IRS990/OfficeExpensesGrp/FundraisingAmt027
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04737
IRS990/OfficeExpensesGrp/ProgramServicesAmt064438
IRS990/OfficeExpensesGrp/TotalAmt069202
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054498
IRS990/OtherAssetsTotalGrp/EOYAmt054498
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0442
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt038734
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0387018
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0426194
IRS990/OtherExpensesGrp/Desc0CONTRACTED INSTRUCTION
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2DIRECT STUDENT COSTS
IRS990/OtherExpensesGrp/Desc3AUTHORIZER FEE
IRS990/OtherExpensesGrp/FundraisingAmt048
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08625
IRS990/OtherExpensesGrp/ProgramServicesAmt0618983
IRS990/OtherExpensesGrp/ProgramServicesAmt1285153
IRS990/OtherExpensesGrp/ProgramServicesAmt2280568
IRS990/OtherExpensesGrp/ProgramServicesAmt3117327
IRS990/OtherExpensesGrp/TotalAmt0618983
IRS990/OtherExpensesGrp/TotalAmt1285153
IRS990/OtherExpensesGrp/TotalAmt2280568
IRS990/OtherExpensesGrp/TotalAmt3126000
IRS990/OtherLiabilitiesGrp/BOYAmt0341368
IRS990/OtherLiabilitiesGrp/EOYAmt01514516
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02250
IRS990/OtherRevenueTotalAmt02250
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06856
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0601703
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06011968
IRS990/OtherSalariesAndWagesGrp/TotalAmt06620527
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0639
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt056102
IRS990/PayrollTaxesGrp/ProgramServicesAmt0560548
IRS990/PayrollTaxesGrp/TotalAmt0617289
IRS990/PensionPlanContributionsGrp/FundraisingAmt036
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03175
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt031724
IRS990/PensionPlanContributionsGrp/TotalAmt034935
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0272318
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0231137
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0484270
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0435637
IRS990/PrincipalOfficerNm0OLIVIA SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL FUNDING ALLOCATION
IRS990/ProgramServiceRevenueGrp/Desc1PER PUPIL FACILITY ALLOWANCE
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc3STUDENT ACTIVITY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011342244
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11360680
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2288956
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt346313
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011342244
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11360680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2288956
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt346313
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01119840
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt03772965
IRS990/PYOtherRevenueAmt07619
IRS990/PYProgramServiceRevenueAmt012343114
IRS990/PYRevenuesLessExpensesAmt01435343
IRS990/PYSalariesCompEmpBnftPaidAmt08262280
IRS990/PYTotalExpensesAmt012035245
IRS990/PYTotalRevenueAmt013470588
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02505288
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt013038193
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032074
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032094
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/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0142656
IRS990ScheduleD/DonatedServicesUseFcltsAmt0142656
IRS990ScheduleD/EquipmentGrp/BookValueAmt074414
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135015
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0209429
IRS990ScheduleD/ExpensesNotReportedAmt0142656
IRS990ScheduleD/ExpensesSubtotalAmt011571550
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0642425
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0756337
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01398762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01200466
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1289280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt224770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0142656
IRS990ScheduleD/RevenueSubtotalAmt014076838
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, 2020, 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, 2020, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2016 THROUGH 2018 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, 2020, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0716839
IRS990ScheduleD/TotalExpensesPerForm990Amt011571550
IRS990ScheduleD/TotalLiabilityAmt01514516
IRS990ScheduleD/TotalRevenuePerForm990Amt014076838
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014219494
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011714206
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
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
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0133799
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt015659
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011590

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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
2020Detailed filing. Detailed filing data is available for this year.$9.41$2.45$6.96$14.1$11.6$2.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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