Charter System Foundation INC EIN 46-2029927 Form 990 (PDF) Claim this org

Charter System Foundation INC

Not yet claimed Claim this org →

Supports Georgia city and county school systems with charter status through training and resources. For fiscal year 2024 it reported $559K in revenue, $518K in expenses, and $487K in net assets.Pt I

Founded
2013
Type
Public charity (501(c)(3)) · Education
Location
Woodstock, GA
Website
www.charter-system.org
Filings
5 on file (2020–2024)
Revenue
$559KFY2024
Expenses
$518K
Net assets
$487K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-2029927 Public charity (501(c)(3)) Woodstock, GA Founded 2013
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Charter System Foundation INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Supports Georgia city and county school systems with charter status through training and resources.
Leadership
Daniel J Weber · Former Exec Dir · $183K
Money in and out
$559K revenue, $518K expenses
Bottom line
85% program efficiency
Where the money goes · FY2024
Total revenue
$559K
Pt VIII · Ln 12
Total expenses
$518K
Pt IX · Ln 25
Net assets
$487K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $41K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program efficiency
85%
of spending reaches programs+0.3% vs prior filing year
Operating runway
11.0mo
months of highly liquid reserves at operating expense rate▲ +18% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▲ +612% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$559K
FY2024▲ +2%
Expenses
$518K
FY2024▼ -7%
Total assets
$503K
FY2024▲ +7%
Total liabilities
$16K
FY2024▼ -31%
Total revenue
$559K
Pt VIII · Ln 12
Total expenses
$518K
Pt IX · Ln 25
Net assets
$487K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$41K
Total assetsPt X · Ln 16$503K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCharter System Foundation INC
EINHdr · item D46-2029927
Principal addressHdr · item CWoodstock, GA
WebsiteHdr · item Jwww.charter-system.org
Year of formationHdr · item L2013
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B02)
Ruling yearIRS BMFNov 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Former Exec Dir
$183,123Pt VII · Sec A
Executive Board
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Vicechair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Daniel J Weber’s $183K as Former Exec Dir is at the 98th percentile of top reported officer pay among 1616 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Daniel J Weber$183,123$181,471$178,060$174,294$172,572$158,191

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 System Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $418K of program spending, described in the organization's own filed words · FY2024.
01

The Foundation provided several workshops to provide a forum for charter systems to exchange innovative ideas and to provide guidance to systems that were considering or in the process of applying to the state BOE for charter system status under Georgia law.The Foundation began development of a training program to be delivered by…

$337Kprogram expense
02

The Foundation arranges meetings between charter system superintendents and state policymakers to give the superintendents the opportunity to speak about the good work their systems are doing.

$58Kprogram expense
03

The Foundation also speaks with policymakers concerning legislation that may be important to charter systems.

$23Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants100%$559K
Investment income$196
— government grantsLn 1e$130K
Total revenueLn 12$559K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program services85%$441K
Management & general13%$66K
Fundraising2%$12K
Total functional expensesLn 25$518K

Balance Sheet

Part X · end of year
CashLn 1$476K
Total assetsLn 16$503K
Total liabilitiesLn 26$16K
Total net assetsLn 32$487K
Months of cash on handcomputed11.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $476K · Operating expenses/yr $518K
11.0 months
Where the money goes
Program services
Program services $441K · Total expenses $518K
85%
Management & General
Management & general $66K · Total expenses $518K
13%
Fundraising
Fundraising $12K · Total expenses $518K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $421K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $559K · Total revenue $559K
100%
Government reliance
Government grants $130K · Total revenue $559K
23%
Earned-income share
Program service revenue $0 · Total revenue $559K
0%
Investment reliance
Investment income $196 · Total revenue $559K
+0.04%
Program self-sufficiency
Program service revenue $0 · Total expenses $518K
0%
Growth & trend
Revenue growth (YoY)
This year $559K · Prior year $549K
+2%
Revenue CAGR
FY2019 $485K · FY2024 $559K
+3%
Net-asset trend (YoY)
End of year $487K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $559K · Expenses $518K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $503K
Net-asset ratio
Net assets $487K · Total assets $503K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $503K
0%
People & payroll
Highest Reported Total Compensation
Individual Kristie Brooks · Reported title Executive Board · Highest reported compensation $0 · Total expenses $518K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $228K · Total expenses $518K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 13%
Fundraising cost ratio 2%
Revenue growth 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 12 grants · $125K · 2019–2024
Union County SchoolsFY2024$10,000
Gilmer County Board of EducFY2024$10,000
Lumpkin County SchoolsFY2023$10,000
Dublin City SchoolsFY2023$10,000
Calhoun City SchoolsFY2022$15,000
Union County SchoolsFY2022$10,000
Coffee County SchoolsFY2021$10,000
Ben Hill County SchoolsFY2021$10,000
Lumpkin County SchoolsFY2020$10,000
Balwin County SchoolsFY2020$10,000
Dublin City SchoolsFY2019$10,000
Atlanta Public SchoolsFY2019$10,000

Similar Organizations

Closest in mission — by what they do
See all organizations like Charter System Foundation INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$549K revenue · ⤓ 990 PDF
FY2023$512K revenue · ⤓ 990 PDF
FY2022$465K revenue · ⤓ 990 PDF
FY2021$432K revenue · ⤓ 990 PDF
FY2020$485K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.