Forest Charter School FY2021 filing

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Forest Charter School(FCS) is committed to nurturing the love of learning in all students through parental choice in education. By cultivating a staff of dedicated personnel, Forest Charter School pledges an ongoing and expansive environment of educational excellence. The cornerstone of our Personalized Learning Program is positive collaboration on the part of students, parents and professional educators. The ultimate mission of FCS is to honor the student's individual learning style through parental options in the selection and implementation of effective curriculum to prepare him/her for success in the 21st century.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-4822385) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$305K 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

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $263K a year · 3% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$305K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
2.8 mo
of spending, in cash
2.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $101
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$810K
28% of total assets
Liabilities are 28% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$8.4M
-1% vs prior year
Spent
$8.4M
To programs
74%
Net assets
$2.1M
By yearFY2020–FY2025
Revenue
$8.4M
FY2021▼ -1%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.5M
FY2021$8.4M
FY2022$9.1M
FY2023$10.3M
FY2024$11.6M
FY2025$12.6M
Expenses
$8.4M
FY2021▲ +0.9%
Tap a bar for its year
Expenses by fiscal year
FY2020$8.3M
FY2021$8.4M
FY2022$8.9M
FY2023$10.3M
FY2024$11.3M
FY2025$11.8M
Net assets
$2.1M
FY2021▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.0M
FY2021$2.1M
FY2022$2.3M
FY2023$2.3M
FY2024$2.7M
FY2025$3.4M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2014.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $6.2M Management & general 26% · $2.2M

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

8 people listed on the 990; $305K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$146,882Pt VII · Sec A
$90,151Pt VII · Sec A
Secretary
$67,927Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Parent Rep.
$0Pt VII · Sec A
Parent Rep.
$0Pt VII · Sec A
Parent Rep.
$0Pt VII · Sec A

Peter Sagebiel’s $176K as CEO is at the 27th 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Peter Sagebiel$176,091$173,508$169,831$151,259$146,882$145,882
Meshawn Simmons$127,576$122,180$116,002$96,117$90,151$86,060
Tita Fowler$106,977$100,922$91,045$73,895$67,927$62,393

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

Nurtures learning through personalized education, parental choice, and collaboration.

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1 program · $6.2M · in their own filed words · FY2020
01

Nurture the love of learning.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-4822385) · Dispute this line
$6.2Mprogram 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 · FY2023
Total grants receivedfrom 1 funder$101

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.4M
Ln 12
Fees for servicesLn 2g$8.4M
Other incomeLn 4–11$26K
Investment incomeLn 3$22K
Money outPt IX
$8.4M
Ln 25
Programscol B$6.2M
Managementcol C$2.2M
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$2.9M
LiabilitiesLn 26$810K
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$8.4M
Investment incomeLn 3$22K
Other incomeLn 4–11$26K
Gains on assetsLn 7$0
Total revenueLn 12$8.4M
Assets in detailPt X, end of year
CashLn 1$2.0M
Cash and savings togetherLn 1–2$2.0M
Accounts receivableLn 4$706K
Prepaid expenses and deferred chargesLn 9$104K
Land, buildings, equipmentLn 10c$15K
Other assetsLn 15$53K
Total assetsLn 16$2.9M
LiabilitiesLn 26$810K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 591
VolunteersI 6200
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 FY21End FY21
Cash and savingsLn 1–2$915K$2.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$16K$15K
Total assetsLn 16$2.8M$2.9M
LiabilitiesLn 26$782K$810K
Net assetsLn 32$2.0M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$3.5M$2.9M$607K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$860K$127K$733K
Pension plan contributionsLn 8$1.0M$721K$301K
Other employee benefitsLn 9$333K$230K$103K
Payroll taxesLn 10$115K$52K$63K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$29K$26K$3K
Other expenses (24a–d)Ln 24$2.5M$2.2M$318K
All other expensesLn 24e$47K$47K
Total functional expensesLn 25$8.4M$6.2M$2.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $12.6M$11.8M$755K$3.4M 990 PDF
FY2024Filed with the IRS May 15, 2025 $11.6M$11.3M$363K$2.7M 990 PDF
FY2023Filed with the IRS May 14, 2024 $10.3M$10.3M$37K$2.3M 990 PDF
FY2022Filed with the IRS May 15, 2023 $9.1M$8.9M$195K$2.3M 990 PDF
FY2021 ViewingFiled with the IRS May 16, 2022 $8.4M$8.4M$23K$2.1M 990 PDF
FY2020Filed with the IRS May 14, 2021 $8.5M$8.3M$205K$2.0M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $8,437,100 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $8,179,369$8,389,234
I-10 Investment incomePrior year $24,213$22,221
I-11 Other revenuePrior year $338,061$25,645
I-12 Total revenuePrior year $8,541,643$8,437,100
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $5,893,358$5,791,935
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,443,758$2,621,940
I-18 Total expensesPrior year $8,337,116$8,413,875
I-19 Revenue less expensesPrior year $204,527$23,225
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 $8,437,100 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,389,234$8,389,234
VIII-3 Investment incomeExcluded from tax $22,221$22,221
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $25,645$25,645
VIII-12 Total revenueRelated to mission $8,414,879 · Excluded from tax $22,221$8,437,100
Part IX · Statement of functional expenses $8,413,875 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $2,853,982 · Management $606,682$3,460,664
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $127,439 · Management $732,857$860,296
IX-8 Pension plan contributionsPrograms $721,102 · Management $301,296$1,022,398
IX-9 Other employee benefitsPrograms $230,497 · Management $102,964$333,461
IX-10 Payroll taxesPrograms $52,391 · Management $62,725$115,116
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,094$1,094
IX-23 InsurancePrograms $26,355 · Management $2,928$29,283
IX-24 Other expenses (24a–d)Programs $2,226,868 · Management $318,180$2,545,048
IX-24e All other expensesManagement $46,515$46,515
IX-25 Total functional expensesPrograms $6,239,728 · Management $2,174,147 · Fundraising $0$8,413,875
Part X · Balance sheet $2,876,225 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $915,220$1,997,631
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $1,802,941$705,812
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $37,502$104,388
X-10c Land, buildings and equipment, netStart of year $16,140$15,046
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $53,348$53,348
X-16 Total assetsStart of year $2,825,151$2,876,225
X-17 Accounts payable and accrued expensesStart of year $782,134$555,814
X-19 Deferred revenue$254,169
X-26 Total liabilitiesStart of year $782,134$809,983
X-28 Net assets with donor restrictionsStart of year $2,043,017$2,066,242
X-32 Total net assets or fund balancesStart of year $2,043,017$2,066,242
X-33 Total liabilities and net assetsStart of year $2,825,151$2,876,225
Part XI · Reconciliation of net assets $2,066,242 net assets at year end
XI-1 Total revenue$8,437,100
XI-2 Total expenses$8,413,875
XI-3 Revenue less expenses$23,225
XI-4 Net assets at start of year$2,043,017
XI-10 Net assets at end of year$2,066,242

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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