Charter School for Applied Technologies FY2022 filing

Tax-deductible

Buffalo, NY501(c)(3)Since 2001EducationEIN 16-1603918

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The Charter School for Applied Technologies prepares students to attain family sustaining careers by integrating career exploration and a life long learning culture.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$1.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.1M a year · 6% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 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
$1.0M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$23.8M
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$39.4M
+9% vs prior year
Spent
$37.1M
To programs
81%
Net assets
$30.2M
By yearFY2020–FY2024
Revenue
$39.4M
FY2022▲ +9%
Revenue by fiscal year
FY2020$35.9M
FY2021$36.0M
FY2022$39.4M
FY2023$38.7M
FY2024$40.4M
FY2024$42.9M
Expenses
$37.1M
FY2022▲ +11%
Expenses by fiscal year
FY2020$33.2M
FY2021$33.3M
FY2022$37.1M
FY2023$37.2M
FY2024$39.1M
FY2024$43.9M
Net assets
$30.2M
FY2022▼ -5%
Net assets by fiscal year
FY2020$27.0M
FY2021$31.7M
FY2022$30.2M
FY2023$33.0M
FY2024$36.1M
FY2024$35.7M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2002.

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% · $30.2M Management & general 19% · $6.9M

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

18 people listed on the 990; $1.0M 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
Superintendent
$184,236Pt VII · Sec A
Chief Financial Officer
$148,905Pt VII · Sec A
Deputy Superintendent
$146,009Pt VII · Sec A
Chief Technology Officer
$142,818Pt VII · Sec A
Principal - K-5
$130,957Pt VII · Sec A
Principal - High School
$130,490Pt VII · Sec A
Chief Information Officer
$122,514Pt VII · Sec A
$0Pt VII · Sec A

Andrew Lyle’s $196K as Superintendent is at the 35th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Andrew Lyle$195,830$180,297$191,336$184,236$166,113$157,706
Tanya Moore$157,151$144,456$156,998$148,905$129,506$128,112
Garrick Loveria JR$152,915$141,890$155,663$146,009$127,376$123,951
Robert Shannon JR$150,842—————
Robert W Shannon JR—$138,531$150,527$142,818$126,518$125,766
Susan Jurewicz$133,540$127,212$139,736$130,957——
Ann Morgante$135,322$128,372$130,319$130,490$118,998$116,117
Brett Lutterbein$124,190—————

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.

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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

Offers excellent education and fosters new learning programs.

Provided by the organization

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1 program · $30.2M · in their own filed words · FY2021
01

Our vision is to assist the commercial and industrial economy of western new york by providing young people with a world-class education- one that will give them the knowledge and skills necessary to sustain and lead the region.

$30.2Mprogram 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 · FY2024
Total grants receivedfrom 1 funder$75K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$39.4M
Ln 12
Fees for servicesLn 2g$32.1M
Gifts and grantsLn 1h$5.8M
Investment incomeLn 3$1.4M
Money outPt IX
$37.1M
Ln 25
Programscol B$30.2M
Managementcol C$6.9M
Owns and owesPt X
$30.2M
net assets · Ln 32
Cash and savingsLn 1–2$12.1M
Total assetsLn 16$54.0M
LiabilitiesLn 26$23.8M
PeoplePt VI, VII
18
listed · VII A
PaidVII A7
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.8M
Government grantsLn 1e$5.7M
Noncash giftsLn 1g$31K
Fees for servicesLn 2g$32.1M
Investment incomeLn 3$1.4M
Other incomeLn 4–11$53K
Gains on assetsLn 7$1.0M
Total revenueLn 12$39.4M
Assets in detailPt X, end of year
CashLn 1$2.8M
SavingsLn 2$9.3M
Cash and savings togetherLn 1–2$12.1M
InvestmentsLn 11–13$17.7M
Land, buildings, equipmentLn 10c$18.4M
Other assetsLn 15$2.3M
Total assetsLn 16$54.0M
LiabilitiesLn 26$23.8M
Net assetsLn 32$30.2M
OperationsPt I, VI
EmployeesI 5528
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$12.2M$12.1M
InvestmentsLn 11–13$20.0M$17.7M
Land, buildings, equipmentLn 10c$19.3M$18.4M
Total assetsLn 16$56.8M$54.0M
LiabilitiesLn 26$25.2M$23.8M
Net assetsLn 32$31.7M$30.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$386K$386K
Other salaries and wagesLn 7$19.2M$16.1M$3.1M
Pension plan contributionsLn 8$1.9M$1.6M$259K
Other employee benefitsLn 9$4.4M$3.7M$628K
Payroll taxesLn 10$1.4M$1.2M$255K
Other fees for servicesLn 11g$1.2M$650K$569K
Advertising and promotionLn 12$170K$170K
Office expensesLn 13$256K$145K$112K
OccupancyLn 16$1.3M$1.3M$25K
Conferences, conventions and meetingsLn 19$83K$67K$16K
InterestLn 20$887K$843K$44K
Depreciation, depletion and amortizationLn 22$1.3M$1.2M$65K
InsuranceLn 23$220K$209K$11K
Other expenses (24a–d)Ln 24$3.7M$2.9M$733K
All other expensesLn 24e$699K$231K$467K
Total functional expensesLn 25$37.1M$30.2M$6.9M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $40.4M$39.1M$1.4M$36.1M 990 PDF
FY2023 $38.7M$37.2M$1.5M$33.0M 990 PDF
FY2022 Viewing $39.4M$37.1M$2.3M$30.2M 990 PDF
FY2021 $36.0M$33.3M$2.7M$31.7M 990 PDF
FY2020 $35.9M$33.2M$2.7M$27.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $39,379,184 across 8 lines filed
Lines not itemized here account for $53,400 of total revenue; see the IRS return.
VIII-1e Government grants$5,710,928
VIII-1f All other contributions, gifts and grants$82,648
VIII-1g Noncash contributions (included above)$30,587
VIII-1h Total contributions, gifts and grants$5,793,576
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $32,111,643$32,111,643
VIII-3 Investment incomeExcluded from tax $413,043$413,043
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,007,522$1,007,522
VIII-12 Total revenueRelated to mission $32,165,043 · Unrelated business $0 · Excluded from tax $1,420,565$39,379,184
Part IX · Statement of functional expenses $37,057,956 across 15 lines filed
IX-5 Pay of current officers, directors and key staffManagement $385,930$385,930
IX-7 Other salaries and wagesPrograms $16,068,229 · Management $3,127,859$19,196,088
IX-8 Pension plan contributionsPrograms $1,608,682 · Management $258,593$1,867,275
IX-9 Other employee benefitsPrograms $3,732,555 · Management $627,630$4,360,185
IX-10 Payroll taxesPrograms $1,180,806 · Management $255,409$1,436,215
IX-11g Other fees for servicesPrograms $650,358 · Management $568,879$1,219,237
IX-12 Advertising and promotionManagement $169,670$169,670
IX-13 Office expensesPrograms $144,673 · Management $111,780$256,453
IX-16 OccupancyPrograms $1,295,900 · Management $24,779$1,320,679
IX-19 Conferences, conventions and meetingsPrograms $67,037 · Management $16,279$83,316
IX-20 InterestPrograms $842,928 · Management $44,365$887,293
IX-22 Depreciation, depletion and amortizationPrograms $1,236,070 · Management $65,056$1,301,126
IX-23 InsurancePrograms $209,148 · Management $11,008$220,156
IX-24 Other expenses (24a–d)Programs $2,922,622 · Management $733,140$3,655,762
IX-24e All other expensesPrograms $231,493 · Management $467,078$698,571
IX-25 Total functional expensesPrograms $30,190,501 · Management $6,867,455 · Fundraising $0$37,057,956
Part X · Balance sheet $53,964,892 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $2,405,635$2,800,911
X-2 Savings and temporary cash investmentsStart of year $9,751,432$9,348,829
X-3 Pledges and grants receivableStart of year $1,599,253$2,556,144
X-4 Accounts receivableStart of year $725,955$356,880
X-9 Prepaid expenses and deferred chargesStart of year $734,345$532,910
X-10c Land, buildings and equipment, netStart of year $19,326,352$18,406,302
X-11 Publicly traded securitiesStart of year $20,047,872$17,665,610
X-15 Other assetsStart of year $2,246,349$2,297,306
X-16 Total assetsStart of year $56,837,193$53,964,892
X-17 Accounts payable and accrued expensesStart of year $5,368,808$4,762,347
X-19 Deferred revenueStart of year $83,745$336,812
X-20 Tax-exempt bond liabilitiesStart of year $19,714,353$18,673,685
X-26 Total liabilitiesStart of year $25,166,906$23,772,844
X-27 Net assets without donor restrictionsStart of year $31,670,287$30,192,048
X-32 Total net assets or fund balancesStart of year $31,670,287$30,192,048
X-33 Total liabilities and net assetsStart of year $56,837,193$53,964,892
Part XI · Reconciliation of net assets $30,192,048 net assets at year end
XI-1 Total revenue$39,379,184
XI-2 Total expenses$37,057,956
XI-3 Revenue less expenses$2,321,228
XI-4 Net assets at start of year$31,670,287
XI-5 Net unrealized gains (losses) on investments−$3,670,440
XI-7 Investment expenses−$129,027
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$30,192,048

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

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