To enable students to become competent contributing members of society equipped with reading, writing, math, technology, and problem solving skills necessary for success in a rapidly changing world

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$1.2M 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
3 of 6
filings with a surplus
Average deficit $63K 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
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $103
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$37.0M
91% of total assets
Concern: liabilities are 91% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$23.3M
+32% vs prior year
Spent
$22.9M
To programs
70%
Net assets
$3.7M
By yearFY2020–FY2025
Revenue
$23.3M
FY2023▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$15.3M
FY2021$17.4M
FY2022$17.6M
FY2023$23.3M
FY2024$23.1M
FY2025$23.2M
Expenses
$22.9M
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$15.1M
FY2021$16.3M
FY2022$18.8M
FY2023$22.9M
FY2024$23.6M
FY2025$23.6M
Net assets
$3.7M
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.7M
FY2021$4.8M
FY2022$3.7M
FY2023$3.7M
FY2024$3.4M
FY2025$3.0M

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

990 PDF Claim
You’re viewing the FY2023 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 Sep 2007.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $16.1M Management & general 30% · $6.8M Fundraising 0% · $27K

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

15 people listed on the 990; $1.2M 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
Executive Dir.
$290,324Pt VII · Sec A
$200,312Pt VII · Sec A
$165,313Pt VII · Sec A
$120,598Pt VII · Sec A
$118,406Pt VII · Sec A
$116,658Pt VII · Sec A
$113,979Pt VII · Sec A
$109,424Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Sciarretta$337,693$323,730$290,324$264,042$234,131$221,240
Margaretta Bouterse$207,578$196,650$200,312$176,497$167,138$161,324
Andreas Trakas—$171,465$165,313$147,478$143,723$138,329
Jose Diaz$167,071$133,067$118,406$114,460——
Marygrace Ridgeway$161,463$149,809————
Stephanie Kennedy$131,260—————
Michelle Guarino$131,168$126,004$120,598———
Andy Kim$128,023$126,572$116,658———

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

Equips students with essential skills for success in a changing world.

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Provided by the organization

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1 program · $16.1M · in their own filed words · FY2022
01

Operation of public charter schools.

$16.1Mprogram 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 · FY2024
Total grants receivedfrom 1 funder$103

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$23.3M
Ln 12
Gifts and grantsLn 1h$21.9M
Investment incomeLn 3$1.4M
Other incomeLn 4–11$892
Money outPt IX
$22.9M
Ln 25
Programscol B$16.1M
Managementcol C$6.8M
Fundraisingcol D$27K
Owns and owesPt X
$3.7M
net assets · Ln 32
Cash and savingsLn 1–2$7.1M
Total assetsLn 16$40.8M
LiabilitiesLn 26$37.0M
PeoplePt VI, VII
15
listed · VII A
PaidVII A8
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21.9M
Government grantsLn 1e$21.7M
Investment incomeLn 3$1.4M
Other incomeLn 4–11$892
Gains on assetsLn 7$0
Total revenueLn 12$23.3M
Assets in detailPt X, end of year
CashLn 1$3.1M
SavingsLn 2$4.0M
Cash and savings togetherLn 1–2$7.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$9.4M
Other assetsLn 15$21.6M
Total assetsLn 16$40.8M
LiabilitiesLn 26$37.0M
Net assetsLn 32$3.7M
OperationsPt I, VI
EmployeesI 5262
VolunteersI 6254
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$5.6M$7.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$11.0M$9.4M
Total assetsLn 16$21.5M$40.8M
LiabilitiesLn 26$17.9M$37.0M
Net assetsLn 32$3.7M$3.7M
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 current officers, directors and key staffLn 5$290K$290K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$10.7M$9.1M$1.6M
Pension plan contributionsLn 8$2.1M$1.8M$372K
Other employee benefitsLn 9$1.4M$1.2M$249K
Payroll taxesLn 10$348K$287K$60K
Management feesLn 11a$0
Legal feesLn 11b$82K$82K
Accounting feesLn 11c$15K$15K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$2.0M$332K$1.6M
Advertising and promotionLn 12$24K$24K
Office expensesLn 13$0
Information technologyLn 14$190K$66K$125K
RoyaltiesLn 15$0
OccupancyLn 16$436K$436K
TravelLn 17$221K$221K
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$2.6M$480K$2.1M
InsuranceLn 23$121K$121K
Other expenses (24a–d)Ln 24$2.2M$2.1M$121K
All other expensesLn 24e$201K$157K$18K$27K
Total functional expensesLn 25$22.9M$16.1M$6.8M$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $23.2M$23.6M−$438K$3.0M 990 PDF
FY2024 $23.1M$23.6M−$489K$3.4M 990 PDF
FY2023 Viewing $23.3M$22.9M$372K$3.7M 990 PDF
FY2022 $17.6M$18.8M−$1.1M$3.7M 990 PDF
FY2021 $17.4M$16.3M$1.1M$4.8M 990 PDF
FY2020 $15.3M$15.1M$211K$3.7M 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 J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $23,275,026 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $17,570,673$21,893,699
I-9 Program service revenue$0
I-10 Investment incomePrior year $63,041$1,380,435
I-11 Other revenue$892
I-12 Total revenuePrior year $17,633,714$23,275,026
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $12,553,205$14,889,944
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $6,199,450$8,013,495
I-18 Total expensesPrior year $18,752,655$22,903,439
I-19 Revenue less expensesPrior year −$1,118,941$371,587
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $23,275,026 across 9 lines filed
VIII-1e Government grants$21,666,256
VIII-1f All other contributions, gifts and grants$227,443
VIII-1h Total contributions, gifts and grants$21,893,699
VIII-3 Investment incomeExcluded from tax $1,380,435$1,380,435
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $892$892
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $892 · Excluded from tax $1,380,435$23,275,026
Part IX · Statement of functional expenses $22,903,439 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 current officers, directors and key staffManagement $290,324$290,324
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $9,056,853 · Management $1,610,622$10,667,475
IX-8 Pension plan contributionsPrograms $1,774,548 · Management $372,461$2,147,009
IX-9 Other employee benefitsPrograms $1,188,220 · Management $249,396$1,437,616
IX-10 Payroll taxesPrograms $287,233 · Management $60,287$347,520
IX-11a Management fees$0
IX-11b Legal feesManagement $82,276$82,276
IX-11c Accounting feesManagement $14,975$14,975
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $331,585 · Management $1,636,893$1,968,478
IX-12 Advertising and promotionManagement $23,887$23,887
IX-13 Office expenses$0
IX-14 Information technologyPrograms $65,750 · Management $124,701$190,451
IX-15 Royalties$0
IX-16 OccupancyPrograms $435,790$435,790
IX-17 TravelPrograms $220,662$220,662
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 $479,820 · Management $2,089,355$2,569,175
IX-23 InsuranceManagement $120,682$120,682
IX-24 Other expenses (24a–d)Programs $2,064,997 · Management $120,679$2,185,676
IX-24e All other expensesPrograms $156,614 · Management $17,931 · Fundraising $26,898$201,443
IX-25 Total functional expensesPrograms $16,062,072 · Management $6,814,469 · Fundraising $26,898$22,903,439
Part X · Balance sheet $40,778,045 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $5,569,868$3,101,519
X-2 Savings and temporary cash investments$3,993,988
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $2,773,103$2,447,990
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $219,709$229,329
X-10c Land, buildings and equipment, netStart of year $10,952,007$9,398,705
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 $2,002,422$21,606,514
X-16 Total assetsStart of year $21,517,109$40,778,045
X-17 Accounts payable and accrued expensesStart of year $849,949$1,177,963
X-19 Deferred revenueStart of year $181,610$728,567
X-20 Tax-exempt bond liabilitiesStart of year $15,753,095$15,406,986
X-25 Other liabilitiesStart of year $592,360$19,730,634
X-26 Total liabilitiesStart of year $17,850,131$37,044,150
X-27 Net assets without donor restrictionsStart of year $3,629,630$3,696,547
X-28 Net assets with donor restrictionsStart of year $37,348$37,348
X-32 Total net assets or fund balancesStart of year $3,666,978$3,733,895
X-33 Total liabilities and net assetsStart of year $21,517,109$40,778,045
Part XI · Reconciliation of net assets $3,733,895 net assets at year end
XI-1 Total revenue$23,275,026
XI-2 Total expenses$22,903,439
XI-3 Revenue less expenses$371,587
XI-4 Net assets at start of year$3,666,978
XI-8 Prior period adjustments−$304,670
XI-10 Net assets at end of year$3,733,895

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

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