The mission of Felton Laboratory Charter School is to provide a rigorous, creative and diverse learning environment through science, technology, engineering, the arts, and mathematics.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
3 of 6
filings with a surplus
Average deficit $38K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
8 mo
of spending, in cash
Looks good: 8.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$9.6M
201% of total assets
Concern: liabilities are 201% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
+7% vs prior year
Spent
$3.9M
To programs
66%
Net assets
−$4.8M
By yearFY2020–FY2025
Revenue
$4.7M
FY2025▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.8M
FY2021$5.4M
FY2022$4.9M
FY2023$4.8M
FY2024$4.4M
FY2025$4.7M
Expenses
$3.9M
FY2025▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.1M
FY2021$5.4M
FY2022$5.1M
FY2023$4.4M
FY2024$4.1M
FY2025$3.9M
Net assets
−$4.8M
FY2025▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020−$5.9M
FY2021−$5.9M
FY2022−$6.2M
FY2023−$5.9M
FY2024−$5.6M
FY2025−$4.8M

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 Oct 2015.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $2.6M Management & general 34% · $1.3M

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.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice-Chairman
$0Pt 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
See Felton Laboratory Charter School executive salaries →

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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 a rigorous, creative, and diverse STEAM learning environment.

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1 program · $2.6M · in their own filed words · FY2024
01

Provided a rigorous, creative and diverse learning environment through science, technology, engineering, the arts, and mathematics.

$2.6Mprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Gifts and grantsLn 1h$4.4M
Other incomeLn 4–11$299K
Fees for servicesLn 2g$64K
Money outPt IX
$3.9M
Ln 25
Programscol B$2.6M
Managementcol C$1.3M
Owns and owesPt X
−$4.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$4.8M
LiabilitiesLn 26$9.6M
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.4M
Government grantsLn 1e$4.4M
Fees for servicesLn 2g$64K
Other incomeLn 4–11$299K
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$2.1M
SavingsLn 2$541K
Cash and savings togetherLn 1–2$2.7M
Land, buildings, equipmentLn 10c$377K
Other assetsLn 15$1.7M
Total assetsLn 16$4.8M
LiabilitiesLn 26$9.6M
Net assetsLn 32−$4.8M
OperationsPt I, VI
EmployeesI 572
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$2.1M$2.7M
Land, buildings, equipmentLn 10c$497K$377K
Total assetsLn 16$4.8M$4.8M
LiabilitiesLn 26$10.4M$9.6M
Net assetsLn 32−$5.6M−$4.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$113K$113K
Other salaries and wagesLn 7$2.0M$1.6M$378K
Pension plan contributionsLn 8$73K$73K
Other employee benefitsLn 9$133K$115K$18K
Payroll taxesLn 10$153K$120K$32K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$181K$181K
Other fees for servicesLn 11g$26K$26K
Advertising and promotionLn 12$17K$17K
Office expensesLn 13$5K$5K
Information technologyLn 14$21K$21K
OccupancyLn 16$242K$242K
TravelLn 17$21K$17K$4K
Conferences, conventions and meetingsLn 19$112K$111K$2K
InterestLn 20$10K$10K
Depreciation, depletion and amortizationLn 22$178K$56K$122K
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$688K$550K$138K
Total functional expensesLn 25$3.9M$2.6M$1.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $4.7M$3.9M$771K−$4.8M 990 PDF
FY2024 $4.4M$4.1M$296K−$5.6M 990 PDF
FY2023 $4.8M$4.4M$316K−$5.9M 990 PDF
FY2022 $4.9M$5.1M−$267K−$6.2M 990 PDF
FY2021 $5.4M$5.4M−$38K−$5.9M 990 PDF
FY2020 $3.8M$5.1M−$1.3M−$5.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $4,721,123 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,376,338$4,358,534
I-9 Program service revenuePrior year $16,043$64,018
I-10 Investment incomePrior year $3,934$0
I-11 Other revenuePrior year $0$298,571
I-12 Total revenuePrior year $4,396,315$4,721,123
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 $2,578,140$2,423,959
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,522,388$1,525,866
I-18 Total expensesPrior year $4,100,528$3,949,825
I-19 Revenue less expensesPrior year $295,787$771,298
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $4,721,123 across 5 lines filed
VIII-1e Government grants$4,358,534
VIII-1h Total contributions, gifts and grants$4,358,534
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $64,018$64,018
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $298,571$298,571
VIII-12 Total revenueRelated to mission $362,589 · Unrelated business $0 · Excluded from tax $0$4,721,123
Part IX · Statement of functional expenses $3,949,825 across 18 lines filed
IX-5 Pay of current officers, directors and key staffManagement $113,041$113,041
IX-7 Other salaries and wagesPrograms $1,574,397 · Management $377,973$1,952,370
IX-8 Pension plan contributionsPrograms $72,925$72,925
IX-9 Other employee benefitsPrograms $114,713 · Management $18,143$132,856
IX-10 Payroll taxesPrograms $120,441 · Management $32,326$152,767
IX-11b Legal feesManagement $6,160$6,160
IX-11c Accounting feesManagement $181,453$181,453
IX-11g Other fees for servicesManagement $25,500$25,500
IX-12 Advertising and promotionManagement $16,577$16,577
IX-13 Office expensesManagement $4,785$4,785
IX-14 Information technologyManagement $20,813$20,813
IX-16 OccupancyManagement $241,777$241,777
IX-17 TravelPrograms $16,654 · Management $4,090$20,744
IX-19 Conferences, conventions and meetingsPrograms $110,686 · Management $1,565$112,251
IX-20 InterestManagement $9,595$9,595
IX-22 Depreciation, depletion and amortizationPrograms $56,410 · Management $121,968$178,378
IX-23 InsuranceManagement $19,845$19,845
IX-24 Other expenses (24a–d)Programs $550,148 · Management $137,840$687,988
IX-25 Total functional expensesPrograms $2,616,374 · Management $1,333,451 · Fundraising $0$3,949,825
Part X · Balance sheet $4,786,866 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,624,686$2,127,960
X-2 Savings and temporary cash investmentsStart of year $523,653$541,153
X-9 Prepaid expenses and deferred chargesStart of year $36,195$34,690
X-10c Land, buildings and equipment, netStart of year $496,989$376,826
X-15 Other assetsStart of year $2,081,063$1,706,237
X-16 Total assetsStart of year $4,762,586$4,786,866
X-17 Accounts payable and accrued expensesStart of year $253,391$219,268
X-19 Deferred revenueStart of year $380,004$190,625
X-25 Other liabilitiesStart of year $9,716,952$9,193,436
X-26 Total liabilitiesStart of year $10,350,347$9,603,329
X-32 Total net assets or fund balancesStart of year −$5,587,761−$4,816,463
X-33 Total liabilities and net assetsStart of year $4,762,586$4,786,866
Part XI · Reconciliation of net assets −$4,816,463 net assets at year end
XI-1 Total revenue$4,721,123
XI-2 Total expenses$3,949,825
XI-3 Revenue less expenses$771,298
XI-4 Net assets at start of year−$5,587,761
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$4,816,463

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

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