To manage, operate, guide, direct, and promote a public charter school funded by local, state, and federal sources.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$74K 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

FY2023 · 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
6 of 6
filings with a surplus
Average surplus $280K a year · 4% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.9M
81% of total assets
Concern: liabilities are 81% 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
$6.7M
+18% vs prior year
Spent
$6.7M
To programs
76%
Net assets
$895K
By yearFY2020–FY2025
Revenue
$6.7M
FY2023▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.8M
FY2021$5.3M
FY2022$5.7M
FY2023$6.7M
FY2024$8.1M
FY2025$8.7M
Expenses
$6.7M
FY2023▲ +27%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.5M
FY2021$5.1M
FY2022$5.2M
FY2023$6.7M
FY2024$7.6M
FY2025$8.6M
Net assets
$895K
FY2023▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$209K
FY2021$372K
FY2022$831K
FY2023$895K
FY2024$1.4M
FY2025$1.5M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Revoked May 2014, reinstated. IRS ruling Jan 2015, per the IRS master file. Latest filing on record: FY2025. IRS ruling in Jan 2015.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $5.1M Management & general 24% · $1.6M

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

10 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$73,550Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Charles Reynolds’s $82K as Director is at the 20th percentile of top reported officer pay among 3395 $1–10M 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Charles Reynolds$82,016$73,550$73,550———
Suzanne Owen———$71,067$62,166$72,973

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 and promotes a public charter school funded by government sources.

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Provided by the organization

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2 programs · $5.1M · in their own filed words · FY2022
01

Operation of one public charter school for students from grade seven through grade twelve.

$4.6Mprogram expense
02

Food services for students and faculty.

$483Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $20K · 2021–2021
Unitemized GrantFY2021$20,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.7M
Ln 12
Gifts and grantsLn 1h$6.7M
Fees for servicesLn 2g$34K
Other incomeLn 4–11$19K
Money outPt IX
$6.7M
Ln 25
Programscol B$5.1M
Managementcol C$1.6M
Owns and owesPt X
$895K
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$4.8M
LiabilitiesLn 26$3.9M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.7M
Government grantsLn 1e$6.6M
Fees for servicesLn 2g$34K
Investment incomeLn 3$57
Other incomeLn 4–11$19K
Total revenueLn 12$6.7M
Assets in detailPt X, end of year
CashLn 1$2.2M
SavingsLn 2$288K
Cash and savings togetherLn 1–2$2.5M
Land, buildings, equipmentLn 10c$1.8M
Other assetsLn 15$113K
Total assetsLn 16$4.8M
LiabilitiesLn 26$3.9M
Net assetsLn 32$895K
OperationsPt I, VI
EmployeesI 5100
VolunteersI 635
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 FY23End FY23
Cash and savingsLn 1–2$3.0M$2.5M
Land, buildings, equipmentLn 10c$2.4M$1.8M
Total assetsLn 16$5.7M$4.8M
LiabilitiesLn 26$4.9M$3.9M
Net assetsLn 32$831K$895K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$74K$74K
Other salaries and wagesLn 7$2.6M$2.0M$569K
Other employee benefitsLn 9$203K$117K$85K
Payroll taxesLn 10$208K$208K
Management feesLn 11a$19K$19K
Legal feesLn 11b$349K$349K
Accounting feesLn 11c$27K$27K
Other fees for servicesLn 11g$335K$152K$183K
Advertising and promotionLn 12$1K$1K
Information technologyLn 14$750K$733K$16K
OccupancyLn 16$271K$183K$87K
TravelLn 17$48K$48K
Conferences, conventions and meetingsLn 19$22K$22K
InterestLn 20$92K$70K$22K
Depreciation, depletion and amortizationLn 22$754K$573K$180K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$865K$810K$55K
All other expensesLn 24e$17K$17K
Total functional expensesLn 25$6.7M$5.1M$1.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.7M$8.6M$121K$1.5M 990 PDF
FY2024 $8.1M$7.6M$509K$1.4M 990 PDF
FY2023 Viewing $6.7M$6.7M$64K$895K 990 PDF
FY2022 $5.7M$5.2M$459K$831K 990 PDF
FY2021 $5.3M$5.1M$162K$372K 990 PDF
FY2020 $4.8M$4.5M$362K$209K 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 FY2023 990 (6 parts)
Part I · Summary $6,721,347 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,640,754$6,668,296
I-9 Program service revenuePrior year $35,887$33,834
I-10 Investment incomePrior year $79$57
I-11 Other revenuePrior year $9,538$19,160
I-12 Total revenuePrior year $5,686,258$6,721,347
I-13 Grants and similar amounts paidPrior year $20,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,632,784$3,092,739
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,574,321$3,564,133
I-18 Total expensesPrior year $5,227,105$6,656,872
I-19 Revenue less expensesPrior year $459,153$64,475
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $6,721,347 across 7 lines filed
VIII-1e Government grants$6,634,199
VIII-1f All other contributions, gifts and grants$34,097
VIII-1h Total contributions, gifts and grants$6,668,296
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,834$33,834
VIII-3 Investment incomeExcluded from tax $57$57
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $19,160$19,160
VIII-12 Total revenueRelated to mission $33,834 · Excluded from tax $19,217$6,721,347
Part IX · Statement of functional expenses $6,656,872 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $73,550$73,550
IX-7 Other salaries and wagesPrograms $2,038,790 · Management $569,133$2,607,923
IX-9 Other employee benefitsPrograms $117,472 · Management $85,431$202,903
IX-10 Payroll taxesPrograms $208,363$208,363
IX-11a Management feesManagement $18,800$18,800
IX-11b Legal feesManagement $348,564$348,564
IX-11c Accounting feesManagement $27,350$27,350
IX-11g Other fees for servicesPrograms $151,746 · Management $183,295$335,041
IX-12 Advertising and promotionPrograms $1,064$1,064
IX-14 Information technologyPrograms $733,409 · Management $16,437$749,846
IX-16 OccupancyPrograms $183,287 · Management $87,405$270,692
IX-17 TravelPrograms $47,924$47,924
IX-19 Conferences, conventions and meetingsPrograms $22,375$22,375
IX-20 InterestPrograms $69,790 · Management $21,964$91,754
IX-22 Depreciation, depletion and amortizationPrograms $573,412 · Management $180,465$753,877
IX-23 InsurancePrograms $15,007$15,007
IX-24 Other expenses (24a–d)Programs $809,912 · Management $54,697$864,609
IX-24e All other expensesPrograms $17,230$17,230
IX-25 Total functional expensesPrograms $5,063,331 · Management $1,593,541 · Fundraising $0$6,656,872
Part X · Balance sheet $4,802,423 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $2,753,333$2,195,876
X-2 Savings and temporary cash investmentsStart of year $287,741$287,798
X-3 Pledges and grants receivableStart of year $119,630$411,107
X-4 Accounts receivableStart of year $90$60
X-10c Land, buildings and equipment, netStart of year $2,419,501$1,794,191
X-15 Other assetsStart of year $113,391$113,391
X-16 Total assetsStart of year $5,698,421$4,802,423
X-17 Accounts payable and accrued expensesStart of year $726,644$567,620
X-19 Deferred revenueStart of year $1,133,194$1,215,723
X-26 Total liabilitiesStart of year $4,867,579$3,907,106
X-27 Net assets without donor restrictionsStart of year $830,842$895,317
X-32 Total net assets or fund balancesStart of year $830,842$895,317
X-33 Total liabilities and net assetsStart of year $5,698,421$4,802,423
Part XI · Reconciliation of net assets $895,317 net assets at year end
XI-1 Total revenue$6,721,347
XI-2 Total expenses$6,656,872
XI-3 Revenue less expenses$64,475
XI-4 Net assets at start of year$830,842
XI-10 Net assets at end of year$895,317

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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