Civic Intelligence

Learn DC Public Charter School

990 • Fiscal year 2022 • EIN 85-2299516

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 24, 2023

100 W Duncan SouthwestWashington, DC 20032

(202) 949-0930

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.83x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

50th percentile

6.8%

Higher net margin than 50% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

35th percentile

$89,443

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$4,679,838

No earlier filing loaded for comparison.

Net Assets

$352,440

No earlier filing loaded for comparison.

Liabilities

$4,327,398

No earlier filing loaded for comparison.

Revenue

$5,183,665

No earlier filing loaded for comparison.

Expenses

$4,831,225

No earlier filing loaded for comparison.

Net Income

$352,440

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2022: $4,679,838Liabilities 2022: $4,327,398Net Assets 2022: $352,4402022Assets 2023: $30,236,557Liabilities 2023: $30,431,454Net Assets 2023: -$194,8972023Assets 2024: $29,205,634Liabilities 2024: $29,988,217Net Assets 2024: -$782,5832024

Highlighted filing

2022

Assets$4,679,838
Liabilities$4,327,398
Net Assets$352,440

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2022: $5,183,665Expenses 2022: $4,831,225Net Income 2022: $352,4402022Revenue 2023: $6,763,450Expenses 2023: $7,310,787Net Income 2023: -$547,3372023Revenue 2024: $8,622,316Expenses 2024: $9,210,002Net Income 2024: -$587,6862024

Highlighted filing

2022

Revenue$5,183,665
Expenses$4,831,225
Net Income$352,440
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 24, 2023
Return Version
2021v4.2
Gross Receipts
$5,183,665
Mission and Program Overview

Mission

Provide students with the academic foundation and ambition to earn a college degree.

Provide children with the academic foundation and ambition to earn a college degree.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$3,187,710▲ $3,187,710
Cash and Non-Interest-Bearing Accounts-$1,141,525-
Pledges and Grants Receivable-$166,713-
Accounts Receivable-$142,843-
Prepaid Expenses and Deferred Charges-$41,047-
Total Assets$0$4,679,838▲ $4,679,838
Liabilities
Unsecured Notes Loans Payable-$3,519,798-
Grants Payable-$441,952-
Accounts Payable and Accrued Expenses-$365,648-
Total Liabilities$0$4,327,398▲ $4,327,398
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$352,440-
Total Net Assets Fund Balance$0$352,440▲ $352,440
Total Liabilities and Net Assets / Fund Balance$0$4,679,838▲ $4,679,838

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,672,398$301,791$2,974,189
Buildings$291,687$14,407$306,094
Other Land Buildings$223,625$29,520$253,145
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jill GaitenExecutive DirectorFT$76,919$12,524$89,443

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,082,517
Program Service Revenue
$3,100,658
Investment Income
$0
Other Revenue
$490
All Other Contributions
$1,520,824
Change in Net Assets
$352,440

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
Other Non Cash Contri Table1$1,470,824Fair Market Value (FMV)
Total Noncash Contributions1$1,470,824-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,183,665
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$120,415
Total Revenue per Audited Statements
$5,304,080
Total Revenue per Form 990
$5,183,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,431,648
Salaries, Compensation, and Employee Benefits$1,399,577
Total Fundraising Expense$16,451
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,099,589$24,301$5,890$1,129,780
Occupancy$736,438$58,546$6,163$801,147
Depreciation Depletion$317,795$25,264$2,659$345,718
Fees for Services Management$40,889$209,626-$250,515
Other Employee Benefits$103,663$2,405$583$106,651
Payroll Taxes$83,811$1,945$471$86,227
Current Officers, Directors, Trustees, and Key Employees$74,863$1,655$401$76,919
Office Expenses$33,898$25,154$284$59,336
Other Expenses$28,159$2,239-$30,398
Interest$17,367$1,380-$18,747
Travel$12,956$301-$13,257
Total Functional Expenses$4,402,241$412,533$16,451$4,831,225

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,951,640
Expenses per Audited Statements$4,831,225
Total Expenses per Form 990$4,831,225
Expenses Not Reported on Form 990$120,415
Expenses Not Reported on Financial Statements$0
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
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Charter management organization - learn charter school network

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

The 990 will be provided to all voting members of its governing body prior to submission.

Form 990, Part VI, Section B, Line 12

Learn dc has a conflict of interest policy and is finalizing procedures for monitoring.

Form 990, Part VI, Section B, Line 15

Learn-dc used a search or recruiting firm who guided them in determining the appropriate level of market compensation.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Learn Dc Public Charter School
EIN
85-2299516
Phone
2029490930
Address
100 W DUNCAN SOUTHWEST, WASHINGTON, DC 20032

Signing Officer

Name
Maya Martin
Title
Board Chair
Phone
2029490930
Signed
2023-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maya Martin
Formed
2020
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
6
Employees
24
Volunteers
7

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Tiana Wynn
Phone
4105840060
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There was no change from prior year.

Financial Statement Notes

PART X, LINE 2:

The school is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and applicable district of columbia income tax laws. Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity'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 school performed an evaluation of uncertain tax positions as of june 30, 2022 and determined that there were no matters that would require recognition in the financial statements or which may have any effect on its tax-exempt status. As of june 30, 2022, the statute of limitations for fiscal year 2022 remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the school files tax returns. It is the school's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE DISTRICT OF COLUMBIA INCOME TAX LAWS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'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 SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2022, THE STATUTE OF LIMITATIONS FOR FISCAL YEAR 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE SCHOOL FILES TAX RETURNS. IT IS THE SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03187710
IRS990ScheduleD/TotalExpensesPerForm990Amt04831225
IRS990ScheduleD/TotalRevenuePerForm990Amt05183665
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05304080
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04951640
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
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/ExplanationTxt0LEARN CHARTER SCHOOL NETWORK IS COMMITTED TO BEING PARTNERS WITH THE NEIGHBORHOODS WE SERVE AND WORKS TO ENSURE THAT OUR STAFF REFLECTS THE GREAT DIVERSITY REFLECTED IN THOSE COMMUNITIES. IT IS THE POLICY OF LEARN THAT ALL APPLICANTS AND EMPLOYEES BE TREATED IN A NON-DISCRIMINATORY MANNER WITHOUT REGARD TO RACE, COLOR, NATIONAL ORIGIN, ANCESTRY, CITIZENSHIP, RELIGION, SEX, AGE, MARITAL STATUS, SEXUAL ORIENTATION, MILITARY STATUS, DISABILITY OR ANY OTHER CHARACTERISTIC PROTECTED BY LAW. THE POLICY OF EQUAL EMPLOYMENT OPPORTUNITY APPLIES TO ALL POLICIES AND PROCEDURES INCLUDING RECRUITMENT AND HIRING, COMPENSATION, BENEFITS, TERMINATION AND ALL OTHER TERMS AND CONDITIONS OF EMPLOYMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER CONTRACT WITH THE DC GOVERNMENT. REV. PROC 75-50 DOES NOT APPLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 7
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0FURNITURE, FIXTURES AND EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt01470824
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARTER MANAGEMENT ORGANIZATION - LEARN CHARTER SCHOOL NETWORK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WILL BE PROVIDED TO ALL VOTING MEMBERS OF ITS GOVERNING BODY PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEARN DC HAS A CONFLICT OF INTEREST POLICY AND IS FINALIZING PROCEDURES FOR MONITORING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LEARN-DC USED A SEARCH OR RECRUITING FIRM WHO GUIDED THEM IN DETERMINING THE APPROPRIATE LEVEL OF MARKET COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE WAS NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt04679838
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt04679838
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02082517
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016451
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0412533
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04402241
IRS990/TotalFunctionalExpensesGrp/TotalAmt04831225
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt04327398
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt04327398
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0352440
IRS990/TotalOtherCompensationAmt012524
IRS990/TotalProgramServiceExpensesAmt04402241
IRS990/TotalProgramServiceRevenueAmt03100658
IRS990/TotalReportableCompFromOrgAmt076919
IRS990/TotalRevenueGrp/ExclusionAmt0490
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03100658
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05183665
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04679838
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0301
IRS990/TravelGrp/ProgramServicesAmt012956
IRS990/TravelGrp/TotalAmt013257
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt03519798
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 W DUNCAN SOUTHWEST
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020032
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTPS://WWW.LEARNCHARTER.ORG/SCHOOLS/LEARNDC/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAYA MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02029490930
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEARN DC PUBLIC CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0852299516
ReturnHeader/Filer/PhoneNum02029490930
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 W DUNCAN SOUTHWEST
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020032
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202153727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SB & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010200 GRAND CENTRAL AVE SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OWINGS MILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD

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