Agora Cyber Charter School

Tax-deductible

King of Prussia, PA501(c)(3)Since 2005EducationEIN 41-2170569Revenue $109.5M in FY2025

On file with the IRSagora.org1018 W 8th St, 19406-1315 · King of Prussia, PATax-exempt since Feb 2006Publicly supported — 509(a)(2)

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Public education of students in grades kindergarden through grade 12.

501(c)(3) charity; gifts are tax-deductible.
64¢ of each $1 spent went to programs.
$522K 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

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $5.2M a year · 5% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
64%
of spending
Worth a look: 64% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$522K
to officers and key staff · 0.5% of spending
Top officer’s pay lower than 91% of similar orgs
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $577
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$20.3M
46% of total assets
Looks good: liabilities are 46% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$109.5M
-3% vs prior year
Spent
$112.6M
To programs
64%
Net assets
$24.3M
By yearFY2020–FY2025
Revenue
$109.5M
FY2025▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$95.2M
FY2021$123.8M
FY2022$114.3M
FY2023$116.3M
FY2024$112.5M
FY2025$109.5M
Expenses
$112.6M
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$93.8M
FY2021$106.3M
FY2022$110.5M
FY2023$107.6M
FY2024$109.4M
FY2025$112.6M
Net assets
$24.3M
FY2025▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020−$5.8M
FY2021$11.8M
FY2022$15.5M
FY2023$24.2M
FY2024$27.4M
FY2025$24.3M

From the FY2025 Form 990 (year ending June 2025) · 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: FY2025. IRS ruling in Feb 2006.

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

Where the money goes

64 cents of each dollar spent went to programs.

Program services 64% · $71.6M Management & general 36% · $41.0M

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

9 people listed on the 990; $522K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$265,879Pt VII · Sec A
Chief Financial Officer
$256,024Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Richard Jensen’s $266K as Chief Executive Officer is at the 9th percentile of top reported officer pay among 674 $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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Richard Jensen$265,879$250,040$248,815$213,688$288,695$140,500
James Infortuna$256,024$242,895$255,818$229,056$264,390$213,000
Michael Conti—————$223,650
Karen Ann Young————$173,539—
Karenann Young—————$131,250

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 15aNo

Programs and updates

Educates students with innovative, intense academics and computer technology skills.

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Provided by the organization

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1 program · $71.6M · in their own filed words · FY2024
01

Operation of public school chartered by the commonwealth of pennsylvania during the year ending june 30, 2025, the school served approximately 4,700 students.

$71.6Mprogram 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$577

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$109.5M
Ln 12
Fees for servicesLn 2g$95.9M
Gifts and grantsLn 1h$10.9M
Investment incomeLn 3$1.7M
Money outPt IX
$112.6M
Ln 25
Programscol B$71.6M
Managementcol C$41.0M
Owns and owesPt X
$24.3M
net assets · Ln 32
Cash and savingsLn 1–2$37.1M
Total assetsLn 16$44.5M
LiabilitiesLn 26$20.3M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.9M
Government grantsLn 1e$10.9M
Fees for servicesLn 2g$95.9M
Investment incomeLn 3$1.7M
Other incomeLn 4–11$1.0M
Total revenueLn 12$109.5M
Assets in detailPt X, end of year
SavingsLn 2$37.1M
Cash and savings togetherLn 1–2$37.1M
Land, buildings, equipmentLn 10c$72K
Other assetsLn 15$1.4M
Total assetsLn 16$44.5M
LiabilitiesLn 26$20.3M
Net assetsLn 32$24.3M
OperationsPt I, VI
EmployeesI 5670
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$39.3M$37.1M
Land, buildings, equipmentLn 10c$92K$72K
Total assetsLn 16$49.0M$44.5M
LiabilitiesLn 26$21.6M$20.3M
Net assetsLn 32$27.4M$24.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$506K$322K$184K
Pay of disqualified personsLn 6$35.8M$21.0M$14.8M
Pension plan contributionsLn 8$10.3M$6.6M$3.8M
Other employee benefitsLn 9$19.6M$11.4M$8.2M
Payroll taxesLn 10$2.6M$1.6M$1.0M
Legal feesLn 11b$506K$506K
Accounting feesLn 11c$49K$49K
Other fees for servicesLn 11g$21.3M$15.8M$5.5M
Advertising and promotionLn 12$1.8M$1.8M
Office expensesLn 13$102K$10K$92K
Information technologyLn 14$10.7M$9.6M$1.2M
OccupancyLn 16$419K$419K
TravelLn 17$579K$187K$392K
Depreciation, depletion and amortizationLn 22$19K$19K
InsuranceLn 23$344K$344K
Other expenses (24a–d)Ln 24$5.2M$4.0M$1.2M
All other expensesLn 24e$2.6M$1.1M$1.5M
Total functional expensesLn 25$112.6M$71.6M$41.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $109.5M$112.6M−$3.2M$24.3M 990 PDF
FY2024 $112.5M$109.4M$3.2M$27.4M 990 PDF
FY2023 $116.3M$107.6M$8.7M$24.2M 990 PDF
FY2022 $114.3M$110.5M$3.7M$15.5M 990 PDF
FY2021 $123.8M$106.3M$17.6M$11.8M 990 PDF
FY2020 $95.2M$93.8M$1.4M−$5.8M 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 FY2025 990 (6 parts)
Part I · Summary $109,451,977 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,022,688$10,861,455
I-9 Program service revenuePrior year $94,219,181$95,854,847
I-10 Investment incomePrior year $1,926,587$1,693,928
I-11 Other revenuePrior year $355,970$1,041,747
I-12 Total revenuePrior year $112,524,426$109,451,977
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 $69,088,195$68,860,763
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $40,271,751$43,742,873
I-18 Total expensesPrior year $109,359,946$112,603,636
I-19 Revenue less expensesPrior year $3,164,480−$3,151,659
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $109,451,977 across 6 lines filed
VIII-1e Government grants$10,861,455
VIII-1h Total contributions, gifts and grants$10,861,455
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $95,854,847$95,854,847
VIII-3 Investment incomeExcluded from tax $1,693,928$1,693,928
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,041,747$1,041,747
VIII-12 Total revenueRelated to mission $95,854,847 · Unrelated business $0 · Excluded from tax $2,735,675$109,451,977
Part IX · Statement of functional expenses $112,603,636 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $321,653 · Management $184,394$506,047
IX-6 Pay of disqualified personsPrograms $21,011,380 · Management $14,775,829$35,787,209
IX-8 Pension plan contributionsPrograms $6,578,260 · Management $3,771,117$10,349,377
IX-9 Other employee benefitsPrograms $11,416,849 · Management $8,195,881$19,612,730
IX-10 Payroll taxesPrograms $1,564,792 · Management $1,040,608$2,605,400
IX-11b Legal feesManagement $506,462$506,462
IX-11c Accounting feesManagement $48,705$48,705
IX-11g Other fees for servicesPrograms $15,799,996 · Management $5,530,647$21,330,643
IX-12 Advertising and promotionManagement $1,812,260$1,812,260
IX-13 Office expensesPrograms $10,158 · Management $92,040$102,198
IX-14 Information technologyPrograms $9,561,850 · Management $1,155,606$10,717,456
IX-16 OccupancyManagement $418,861$418,861
IX-17 TravelPrograms $186,573 · Management $392,216$578,789
IX-22 Depreciation, depletion and amortizationPrograms $19,391$19,391
IX-23 InsuranceManagement $343,624$343,624
IX-24 Other expenses (24a–d)Programs $4,005,730 · Management $1,229,684$5,235,414
IX-24e All other expensesPrograms $1,096,371 · Management $1,532,699$2,629,070
IX-25 Total functional expensesPrograms $71,573,003 · Management $41,030,633 · Fundraising $0$112,603,636
Part X · Balance sheet $44,547,897 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $39,329,505$37,091,127
X-3 Pledges and grants receivableStart of year $7,601,291$5,791,454
X-9 Prepaid expenses and deferred chargesStart of year $273,772$178,395
X-10c Land, buildings and equipment, netStart of year $91,817$72,426
X-15 Other assetsStart of year $1,722,189$1,414,495
X-16 Total assetsStart of year $49,018,574$44,547,897
X-17 Accounts payable and accrued expensesStart of year $15,918,922$18,877,479
X-19 Deferred revenueStart of year $3,969,881$0
X-25 Other liabilitiesStart of year $1,722,189$1,414,495
X-26 Total liabilitiesStart of year $21,610,992$20,291,974
X-27 Net assets without donor restrictionsStart of year $27,407,582$24,255,923
X-32 Total net assets or fund balancesStart of year $27,407,582$24,255,923
X-33 Total liabilities and net assetsStart of year $49,018,574$44,547,897
Part XI · Reconciliation of net assets $24,255,923 net assets at year end
XI-1 Total revenue$109,451,977
XI-2 Total expenses$112,603,636
XI-3 Revenue less expenses−$3,151,659
XI-4 Net assets at start of year$27,407,582
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$24,255,923

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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