Civic Intelligence

Windham Academy Public Charter School

EIN 82-4245899 • 501(c)3 • Windham, NH

Profile

Windham Academy Public Charter School focuses on STEM Prep education incorporating reading & art to provide a well rounded educational experience for its learners within a culture that incorporates the excitment of project based learning, the satisfaction of subject mastery in areas of literacy, numeracy and social studies, and lasting values through civic understanding and personal character.

1 Industrial Drive PO Box 60Windham, NH 03087

www.windhamacademy.net

Siviq Scores

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

Liabilities / Assets

91st percentile

0.91x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

90th percentile

2.46x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

29th percentile

-2.2%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$105,115

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

21st percentile

-3.7%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

35th percentile

0.7%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$11,681,568

Up $6,539,570 (+127%) from 2023

Liabilities

Up

$10,615,676

Up $6,737,734 (+174%) from 2023

Net Assets

Down

$1,065,892

Down $198,164 (-16%) from 2023

Revenue

Up

$4,316,395

Up $1,284,887 (+42%) from 2023

Expenses

Up

$4,410,747

Up $1,578,949 (+56%) from 2023

Net Income

Down

-$94,352

Down $294,062 (-147%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2019: $335,705Liabilities 2019: $484,226Net Assets 2019: -$148,5212019Assets 2020: $700,715Liabilities 2020: $623,133Net Assets 2020: $77,5822020Assets 2021: $784,998Liabilities 2021: $340,579Net Assets 2021: $444,4192021Assets 2022: $1,314,960Liabilities 2022: $250,205Net Assets 2022: $1,064,7552022Assets 2023: $5,141,998Liabilities 2023: $3,877,942Net Assets 2023: $1,264,0562023Assets 2025: $11,681,568Liabilities 2025: $10,615,676Net Assets 2025: $1,065,8922025

Highlighted filing

2025

Assets$11,681,568
Liabilities$10,615,676
Net Assets$1,065,892

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $950,822Expenses 2019: $1,092,810Net Income 2019: -$141,9882019Revenue 2020: $1,486,794Expenses 2020: $1,260,691Net Income 2020: $226,1032020Revenue 2021: $2,240,849Expenses 2021: $1,874,011Net Income 2021: $366,8382021Revenue 2022: $2,890,262Expenses 2022: $2,292,991Net Income 2022: $597,2712022Revenue 2023: $3,031,508Expenses 2023: $2,831,798Net Income 2023: $199,7102023Revenue 2025: $4,316,395Expenses 2025: $4,410,747Net Income 2025: -$94,3522025

Highlighted filing

2025

Revenue$4,316,395
Expenses$4,410,747
Net Income-$94,352

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 15, 2025
Return Version
2024v5.2
Gross Receipts
$4,436,393
Mission and Program Overview

Mission

Windham Academy Public Charter School focuses on STEM Prep education incorporating reading & art to provide a well rounded educational experience for its learners within a culture that incorporates the excitment of project based learning, the satisfaction of subject mastery in areas of literacy, numeracy and social studies, and lasting values through civic understanding and personal character.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$684,560$634,514▼ $50,046
Cash and Non-Interest-Bearing Accounts$216,564$289,332▲ $72,768
Accounts Receivable$489,611$261,491▼ $228,120
Savings and Temporary Cash Investments$15,470--
Prepaid Expenses and Deferred Charges$2,784$8,500▲ $5,716
Total Assets$12,132,311$11,681,568▼ $450,743
Other Assets Total$10,723,322$10,487,731▼ $235,591
Liabilities
Other Liabilities$10,723,686$10,487,731▼ $235,955
Accounts Payable and Accrued Expenses$155,279$99,170▼ $56,109
Deferred Revenue$82,215$28,775▼ $53,440
Mortgage Notes Payable Secured by Investment Property$20,444--
Total Liabilities$10,981,624$10,615,676▼ $365,948
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,147,500$1,065,892▼ $81,608
Net Assets With Donor Restrictions$3,187--
Total Net Assets Fund Balance$1,150,687$1,065,892▼ $84,795
Total Liabilities and Net Assets / Fund Balance$12,132,311$11,681,568▼ $450,743

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$349,748$127,433$477,181
Equipment$232,940$190,940$423,880
Other Land Buildings$51,826$12,580$64,406
Land$0--
Other Assets Org$10,487,731--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sara AmacioDirectorFT$105,115$105,115

Board Members and Trustees

NameTitle
Brandie ShydoChair
Christopher BakerVice Chair
Al SfeirTrustee
Sean DonahueTrustee
Vinny DelsignoreTrustee
Rob SkowyraSecretary
Tony DeLucaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,863,141
Program Service Revenue
$383,590
Investment Income
$0
Other Revenue
$69,664
All Other Contributions
$104,717
Change in Net Assets
$-94,352

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,316,395
Revenue Not Reported on Form 990
$119,998
Total Revenue per Audited Statements
$4,436,393
Total Revenue per Form 990
$4,316,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,887,674
Other Expenses$1,523,073
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,068,665$215,379$0$2,284,044
Occupancy$859,221$0$0$859,221
Other Employee Benefits$292,024$15,711$0$307,735
Fees for Services Other$116,695$176,800$0$293,495
Payroll Taxes$157,879$20,497$0$178,376
Depreciation Depletion$70,404$0$0$70,404
Current Officers, Directors, Trustees, and Key Employees$0$63,979$0$63,979
Pension Plan Contributions$49,593$3,947$0$53,540
All Other Expenses$51,924$1,186$0$53,110
Insurance$36,782$0$0$36,782
Conferences and Meetings$27,737$0$0$27,737
Fees for Services Accounting$0$13,850$0$13,850
Travel$12,020$550$0$12,570
Fees for Services Legal$0$10,533$0$10,533
Other Expenses$4,202$0$0$4,202
Advertising$0$3,350$0$3,350
Interest$1,750$0$0$1,750
Office Expenses$0$593$0$593
Total Functional Expenses$3,873,954$536,793$0$4,410,747

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,530,745
Expenses per Audited Statements$4,410,747
Total Expenses per Form 990$4,410,747
Expenses Not Reported on Form 990$119,998
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$184,562
Gaming Direct Expenses$119,998
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$63,145$63,145$23,486$39,659
Golf Tournament$19,296$19,296$11,150$8,146
Total Events$88,760$88,760$40,962$47,798
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease obligation$10,487,731
Deposits$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Filing and Contact Details

Filer

Filer Name
Windham Academy Public Charter School
EIN
82-4245899
Phone
6032367900
Address
1 Industrial Drive PO Box 60, Windham, NH 03087

Signing Officer

Name
Brandie Shydo
Title
Board Chair
Phone
6032367900
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandie Shydo
Formed
2018
Legal Domicile
Nh
Voting Board Members
7
Independent Board Members
7
Employees
79
Volunteers
0

Preparer

Firm
VeroffCPA PC
Address
174 Court St, Laconia, NH 03246
Preparer
Steven M Veroff CPA
Phone
6035278721
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

Enforcement of conflicts policy: The policy was developed upon creation of the Charter School, The Director and Board of Trustees work closely together to review and maintain compliance with th policy on an annual basis.

Pt VI, Line 11B

Organizations process to review form 990 Form 990 is presented to the board of trustees for review and formal vote to accept as prepared. Upon approval from the board of trustees the form is filed.

Pt VI, Line 2

Family relationship.

Financial Statement Notes

Pt XI, Line 2D

Direct fundraising event costs reduce total revenue on the 990 but are reflected as expenses in the audited financial statements.

Pt XII, Line 2D

Direct fundraising event costs reduce total revenue on the 990 but are reflected as expenses in the audited financial statements.

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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/OtherExpensesGrp/ProgramServicesAmt18546
IRS990/OtherExpensesGrp/ProgramServicesAmt225163
IRS990/OtherExpensesGrp/ProgramServicesAmt34202
IRS990/OtherExpensesGrp/TotalAmt0101767
IRS990/OtherExpensesGrp/TotalAmt18546
IRS990/OtherExpensesGrp/TotalAmt225163
IRS990/OtherExpensesGrp/TotalAmt34202
IRS990/OtherLiabilitiesGrp/BOYAmt010723686
IRS990/OtherLiabilitiesGrp/EOYAmt010487731
IRS990/OtherRevenueMiscGrp/BusinessCd0722515
IRS990/OtherRevenueMiscGrp/BusinessCd1999999
IRS990/OtherRevenueMiscGrp/Desc0Food vending machine
IRS990/OtherRevenueMiscGrp/Desc1Commissions and fees
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03362
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11738
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03362
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11738
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt05100
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0215379
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02068665
IRS990/OtherSalariesAndWagesGrp/TotalAmt02284044
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020497
IRS990/PayrollTaxesGrp/ProgramServicesAmt0157879
IRS990/PayrollTaxesGrp/TotalAmt0178376
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03947
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt049593
IRS990/PensionPlanContributionsGrp/TotalAmt053540
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02784
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08500
IRS990/PrincipalOfficerNm0Brandie Shydo
IRS990/PriorPeriodAdjustmentsAmt09557
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0After school program
IRS990/ProgramServiceRevenueGrp/Desc1Special Education Tuition
IRS990/ProgramServiceRevenueGrp/Desc2Discovery Program Tuition
IRS990/ProgramServiceRevenueGrp/Desc3Field Trip Fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt073734
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1100901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt278618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt385803
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04007791
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01651779
IRS990/PYOtherRevenueAmt079541
IRS990/PYProgramServiceRevenueAmt0199591
IRS990/PYRevenuesLessExpensesAmt0-113369
IRS990/PYSalariesCompEmpBnftPaidAmt02748513
IRS990/PYTotalExpensesAmt04400292
IRS990/PYTotalRevenueAmt04286923
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-94352
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04436393
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015470
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0232940
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0190940
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0423880
IRS990ScheduleD/ExpensesNotReportedAmt0119998
IRS990ScheduleD/ExpensesSubtotalAmt04410747
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0349748
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0127433
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0477181
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010487731
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0right-of-use asset operating lease
IRS990ScheduleD/OtherExpensesIncludedAmt0119998
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt051826
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012580
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt064406
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010487731
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Operating lease obligation
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deposits
IRS990ScheduleD/OtherRevenueAmt0119998
IRS990ScheduleD/RevenueNotReportedAmt0119998
IRS990ScheduleD/RevenueSubtotalAmt04316395
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Direct fundraising event costs reduce total revenue on the 990 but are reflected as expenses in the audited financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct fundraising event costs reduce total revenue on the 990 but are reflected as expenses in the audited financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0634514
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010487731
IRS990ScheduleD/TotalExpensesPerForm990Amt04410747
IRS990ScheduleD/TotalLiabilityAmt010487731
IRS990ScheduleD/TotalRevenuePerForm990Amt04316395
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04436393
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04530745
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/ExplanationTxt0Schedule E- Financial Aid or Government Assistance Explanation: The school receives assistance from the New Hampshire Department of Education in the form of per-pupil aid and differentiated aid based upon student population.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt040962
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019296

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