Civic Intelligence

Cristo Rey Charleston High School Inc

EIN 84-3785382 • 501(c)3 • North Charleston, SC

Profile

Cristo Rey Charleston High School (CRC), opening for students in 2027, is an independent, Catholic, college-preparatory high school exclusively for students of limited economic means, of all faiths. Combining rigorous academics and a unique work-study model in which students will earn a portion of their tuition while working in professional settings one day each week, CRC will serve under-resourced communities by providing families an affordable alternative for quality education.

2003 Grayson StreetNorth Charleston, SC 29405

www.cristoreycharleston.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

95th percentile

73%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$200,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

97th percentile

302%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

550%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$789,550

Up $592,927 (+302%) from 2023

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$789,550

Up $592,927 (+302%) from 2023

Operations
Liabilities / Revenue35th percentileNet Margin95th percentile

Revenue

Up

$812,425

Up $687,402 (+550%) from 2023

Expenses

Up

$219,498

Up $217,498 (+10875%) from 2023

Net Income

Up

$592,927

Up $469,904 (+382%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$800K$600K$400K$200K$0Assets 2019: $43,800Net Assets 2019: $43,8002019Assets 2020: $142,095Liabilities 2020: $1,041Net Assets 2020: $141,0542020Assets 2022: $73,600Net Assets 2022: $73,6002022Assets 2023: $196,623Net Assets 2023: $196,6232023Assets 2024: $789,550Liabilities 2024: $0Net Assets 2024: $789,5502024

Highlighted filing

2024

Assets$789,550
Liabilities$0
Net Assets$789,550
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

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

$1.0M$500K$0-$500KRevenue 2019: $50,105Expenses 2019: $6,305Net Income 2019: $43,8002019Revenue 2020: $229,399Expenses 2020: $132,145Net Income 2020: $97,2542020Revenue 2022: $6Expenses 2022: $384Net Income 2022: -$3782022Revenue 2023: $125,023Expenses 2023: $2,000Net Income 2023: $123,0232023Revenue 2024: $812,425Expenses 2024: $219,498Net Income 2024: $592,9272024

Highlighted filing

2024

Revenue$812,425
Expenses$219,498
Net Income$592,927
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$789,550
Liabilities
$0
Net assets
$789,550
Revenue
$812,425
Expenses
$219,498
Net income
$592,927
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.90$0.00$7.90$8.12$2.19$5.93
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$1.97$1.25$0.02$1.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.74$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.01$1.41$2.29$1.32$0.97
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.44$0.50$0.06$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 1, 2025
Return Version
2024v5.0
Gross Receipts
$812,425
Mission and Program Overview

Mission

This organization was founded to establish the feasibility of securing charitable financial resources needed to build and operate a new high school in Charleston, SC within the framework of the Cristo Rey Network.

Cristo rey charleston high school will be an independent, catholic, college preparatory school for students of all faiths who cannot otherwise afford a private education. Cristo rey charleston high school will combine rigourous academics with a unique work study model.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$137,557$769,299▲ $631,742
Cash and Non-Interest-Bearing Accounts$59,066$19,326▼ $39,740
Total Assets$196,623$789,550▲ $592,927
Other Assets Total-$925-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$196,623$789,550▲ $592,927
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$196,623$789,550▲ $592,927
Total Liabilities and Net Assets / Fund Balance$196,623$789,550▲ $592,927
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Shenita VanishPresidentFT$200,000$200,000

Board Members and Trustees

NameTitle
Tim HayesChairman of the Board
Cheryl CromwellBoard Member
Colleen FulkersonBoard Member
Conor HeatonBoard Member
David Graf JrBoard Member
David WhiteBoard Member
Elizabeth CahillBoard Member
Jack CassidyBoard Member
Michael AcquilanoBoard Member
Miriam Brackett-SantosBoard Member
Shawn SaulsberryBoard Member
William DunnBoard Member
William HechtBoard Member
William KunkelBoard Member
William StanfieldBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Joanna WusinichExecutive Director of Feasibility Study2003 Grayson Street, North Charleston, SC 29405$140,000
Revenue and Support

Revenue Composition

Contributions and Grants
$810,598
Program Service Revenue
$0
Investment Income
$1,827
Other Revenue
$0
All Other Contributions
$810,598
Change in Net Assets
$592,927

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$499,654high low gift date
Total Noncash Contributions2$499,654-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$140,000$15,000-$155,000
Advertising-$30,517-$30,517
Office Expenses-$25,122-$25,122
Travel-$7,774-$7,774
Fees for Services Legal-$810-$810
Depreciation Depletion-$275-$275
Total Functional Expenses$140,000$79,498$0$219,498
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Form 990 was reviewed by the Chairman of the Board and the Co-chair of the Finance Committee and submitted to the entire Board of Directors for review and comments.”

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

“Board was required to disclose compliance with policies”

Form 990, Part VI, Section B, Line 15

“This is the first year that individuals were employed. All positions were filled using advice from third party compensation advisor and approved by Board action.”

Form 990, Part VI, Section C, Line 19

“Not available”

Filing and Contact Details

Filer

Filer Name
Cristo Rey Charleston High School Inc
EIN
84-3785382
Phone
8434994138
Address
2003 Grayson Street, North Charleston, SC 29405

Signing Officer

Name
William Dunn
Title
Member of Board - Finance
Phone
2159132332
Signed
2025-10-01

Organization Details

Principal Officer
Shenita Vanish
Formed
2019
Legal Domicile
Sc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
6
Raw XML AppendixShowing 400 of 462 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/Form990PartVIISectionAGrp/PersonNm1Tim Hayes
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IRS990/Form990PartVIISectionAGrp/PersonNm13William Stanfield
IRS990/Form990PartVIISectionAGrp/PersonNm14David White
IRS990/Form990PartVIISectionAGrp/PersonNm15Michael Acquilano
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IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
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IRS990/MissionDesc0Cristo Rey Charleston High School (CRC), opening for students in 2027, is an independent, Catholic, college-preparatory high school exclusively for students of limited economic means, of all faiths. Combining rigorous academics and a unique work-study model in which students will earn a portion of their tuition while working in professional settings one day each week, CRC will serve under-resourced communities by providing families an affordable alternative for quality education.
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0196623
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0499654
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025122
IRS990/OfficeExpensesGrp/TotalAmt025122
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0925
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Shenita Vanish
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYContributionsGrantsAmt0125000
IRS990/PYExcessBenefitTransInd00
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt02000
IRS990/PYRevenuesLessExpensesAmt0123023
IRS990/PYTotalExpensesAmt02000
IRS990/PYTotalRevenueAmt0125023
IRS990/ReconcilationRevenueExpnssAmt0592927
IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
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IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
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IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Organization has not yet begun operations
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0high low gift date
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IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 was reviewed by the Chairman of the Board and the Co-chair of the Finance Committee and submitted to the entire Board of Directors for review and comments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board was required to disclose compliance with policies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This is the first year that individuals were employed. All positions were filled using advice from third party compensation advisor and approved by Board action.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Not available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0196623
IRS990/TotalAssetsEOYAmt0789550
IRS990/TotalAssetsGrp/BOYAmt0196623
IRS990/TotalAssetsGrp/EOYAmt0789550

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