Is it real?
No. The IRS revoked its tax exemption. Latest filing on record: FY2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
What each dollar paid for.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $28K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Angel Figueroa | — | $293,832 |
| Angelo Romaneillo | $27,500 | $204,895 |
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
Operates a charter school helping disconnected youth re-engage in education and transition to adulthood.
Questions for I-Lead Charter School
Your first name shows with your question. I-Lead Charter School answers here, for everyone.
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The organization operated a charter school located in reading, pennsylvania, through june 30, 2020. The school served youth enrolled in grades nine through twelve disconnected from school with the opportunity to re-engage in their education and transition successfully into adulthood.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $614K | $708K |
| Total assetsLn 16 | $2.2M | $709K |
| LiabilitiesLn 26 | $1.5M | $60K |
| Net assetsLn 32 | $691K | $649K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $28K | $28K | ||
| Other salaries and wagesLn 7 | $233K | $233K | ||
| Pension plan contributionsLn 8 | $4K | $4K | ||
| Other employee benefitsLn 9 | $48K | $48K | ||
| Payroll taxesLn 10 | $17K | $17K | ||
| Legal feesLn 11b | $36K | $36K | ||
| Accounting feesLn 11c | $79K | $79K | ||
| Other fees for servicesLn 11g | $249K | $249K | ||
| Advertising and promotionLn 12 | $165 | $165 | ||
| Office expensesLn 13 | $4K | $4K | ||
| OccupancyLn 16 | $25K | $25K | ||
| TravelLn 17 | $198 | $198 | ||
| InsuranceLn 23 | $5K | $5K | ||
| Other expenses (24a–d)Ln 24 | $22K | $22K | ||
| Total functional expensesLn 25 | $749K | $0 | $749K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2021 Latest Viewing | $775K | $749K | $25K | $649K | 990 PDF |
| FY2020 | $6.6M | $7.3M | −$755K | $691K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $774,548 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, no flags
Part VIII · Statement of revenue $774,548 across 4 lines filed
Part IX · Statement of functional expenses $749,415 across 14 lines filed
Part X · Balance sheet $708,781 assets, 9 lines filed
Part XI · Reconciliation of net assets $649,210 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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