Charter Board Partners FY2022 filing

Washington, DCUnknown exempt organization EIN 01-0974476Revenue $1.2M in FY2022

On file with the IRSedboards.orgPo Box 73215 · Washington, DC

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To promote and foster exceptional governance in public Charter schools and education nonprofits so that every organization has the Board IT needs to improve student achievement.

81¢ of each $1 spent went to programs.
$562K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $190K a year · 20% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$562K
to officers and key staff · 47% of spending
Concern: pay to officers and key staff is 47% of spending; over 30%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $23
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$138K
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+14% vs prior year
Spent
$1.2M
To programs
81%
Net assets
$477K
By yearFY2021–FY2023
Revenue
$1.2M
FY2022▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.1M
FY2022$1.2M
FY2023$570K
Expenses
$1.2M
FY2022▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.3M
FY2022$1.2M
FY2023$988K
Net assets
$477K
FY2022▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2021$447K
FY2022$477K
FY2023$0

From the FY2022 Form 990 (year ending June 2022) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $966K Management & general 15% · $181K Fundraising 4% · $50K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $562K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$155,910Pt VII · Sec A
CEO & Co-Founder
$150,374Pt VII · Sec A
$132,981Pt VII · Sec A
Managing Partner - Until 10/21
$122,313Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary - Until 02/22
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2023FY2022FY2021
Carrie Irvin$177,136$150,374$150,486
Debra Lister$163,963$155,910$149,642
Shereen Williams—$132,981$140,272
Lucy Castillo——$140,272
Phillip Robinson JR—$122,313—
Sarah Morgan$102,135——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Charter Board Partners executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Strengthens charter school and education nonprofit boards to improve student achievement.

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Provided by the organization

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1 program · $966K · in their own filed words · FY2021
01

Education board partners promotes and fosters exceptional governance in public charter schools and education nonprofits so that every organization has the board it needs to improve student achievement based on research and experience.

$966Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$23

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$616K
Fees for servicesLn 2g$611K
Investment incomeLn 3$22
Money outPt IX
$1.2M
Ln 25
Programscol B$966K
Managementcol C$181K
Fundraisingcol D$50K
Owns and owesPt X
$477K
net assets · Ln 32
Cash and savingsLn 1–2$564K
Total assetsLn 16$615K
LiabilitiesLn 26$138K
PeoplePt VI, VII
10
listed · VII A
PaidVII A4
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$616K
Government grantsLn 1e$145K
Fees for servicesLn 2g$611K
Investment incomeLn 3$22
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$354K
SavingsLn 2$210K
Cash and savings togetherLn 1–2$564K
Total assetsLn 16$615K
LiabilitiesLn 26$138K
Net assetsLn 32$477K
OperationsPt I, VI
EmployeesI 57
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$467K$564K
Total assetsLn 16$671K$615K
LiabilitiesLn 26$224K$138K
Net assetsLn 32$447K$477K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$180K$126K$20K$34K
Other salaries and wagesLn 7$481K$413K$67K$2K
Pension plan contributionsLn 8$19K$16K$3K$66
Other employee benefitsLn 9$29K$26K$3K$90
Payroll taxesLn 10$45K$35K$7K$3K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$33K$33K
Other fees for servicesLn 11g$300K$271K$24K$6K
Office expensesLn 13$4K$4K$583$226
Information technologyLn 14$54K$44K$7K$4K
TravelLn 17$18K$7K$10K$1K
Conferences, conventions and meetingsLn 19$8K$7K$448$313
InsuranceLn 23$3K$3K$458$178
Other expenses (24a–d)Ln 24$18K$15K$3K
Total functional expensesLn 25$1.2M$966K$181K$50K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $570K$988K−$418K$0 990 PDF
FY2022 Viewing $1.2M$1.2M$30K$477K 990 PDF
FY2021 $1.1M$1.3M−$182K$447K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,226,978 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $532,712$616,043
I-9 Program service revenuePrior year $548,108$610,913
I-10 Investment incomePrior year $24$22
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,080,844$1,226,978
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,002,021$754,455
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $261,168$442,522
I-18 Total expensesPrior year $1,263,189$1,196,977
I-19 Revenue less expensesPrior year −$182,345$30,001
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,226,978 across 6 lines filed
VIII-1e Government grants$144,862
VIII-1f All other contributions, gifts and grants$471,181
VIII-1h Total contributions, gifts and grants$616,043
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $610,913$610,913
VIII-3 Investment incomeExcluded from tax $22$22
VIII-12 Total revenueRelated to mission $610,913 · Unrelated business $0 · Excluded from tax $22$1,226,978
Part IX · Statement of functional expenses $1,196,977 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $126,179 · Management $19,829 · Fundraising $34,248$180,256
IX-7 Other salaries and wagesPrograms $412,673 · Management $67,121 · Fundraising $1,655$481,449
IX-8 Pension plan contributionsPrograms $16,213 · Management $2,651 · Fundraising $66$18,930
IX-9 Other employee benefitsPrograms $25,877 · Management $3,115 · Fundraising $90$29,082
IX-10 Payroll taxesPrograms $35,016 · Management $7,057 · Fundraising $2,665$44,738
IX-11b Legal feesManagement $2,477$2,477
IX-11c Accounting feesManagement $33,140$33,140
IX-11g Other fees for servicesPrograms $270,843 · Management $24,011 · Fundraising $5,600$300,454
IX-13 Office expensesPrograms $3,608 · Management $583 · Fundraising $226$4,417
IX-14 Information technologyPrograms $43,735 · Management $6,941 · Fundraising $3,639$54,315
IX-17 TravelPrograms $7,057 · Management $10,292 · Fundraising $1,115$18,464
IX-19 Conferences, conventions and meetingsPrograms $7,209 · Management $448 · Fundraising $313$7,970
IX-23 InsurancePrograms $2,838 · Management $458 · Fundraising $178$3,474
IX-24 Other expenses (24a–d)Programs $15,034 · Management $2,777$17,811
IX-25 Total functional expensesPrograms $966,282 · Management $180,900 · Fundraising $49,795$1,196,977
Part X · Balance sheet $615,094 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $256,992$354,105
X-2 Savings and temporary cash investmentsStart of year $210,005$210,001
X-3 Pledges and grants receivableStart of year $150,000$0
X-4 Accounts receivableStart of year $44,047$39,825
X-9 Prepaid expenses and deferred chargesStart of year $10,081$11,163
X-16 Total assetsStart of year $671,125$615,094
X-17 Accounts payable and accrued expensesStart of year $27,920$77,581
X-19 Deferred revenueStart of year $51,581$60,750
X-24 Unsecured notes and loans payableStart of year $144,862$0
X-26 Total liabilitiesStart of year $224,363$138,331
X-27 Net assets without donor restrictionsStart of year $209,732$476,763
X-28 Net assets with donor restrictionsStart of year $237,030$0
X-32 Total net assets or fund balancesStart of year $446,762$476,763
X-33 Total liabilities and net assetsStart of year $671,125$615,094
Part XI · Reconciliation of net assets $476,763 net assets at year end
XI-1 Total revenue$1,226,978
XI-2 Total expenses$1,196,977
XI-3 Revenue less expenses$30,001
XI-4 Net assets at start of year$446,762
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$476,763

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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