The Highlander Charter School
- Assets
- $14.6m
- Revenue
- $14.7m
- Investments
- $198.5k
- Employees
- 184
- Location
- Providence, RI
- Founding
- 07/2003
- Data as of
- 06/2022
- EIN
- 05-0517389
Organization Overview
The Highlander Charter School is located in Providence, RI. The organization was established in 2003. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Highlander Charter School employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highlander Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Highlander Charter School generated $14.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $12.7m during the year ending 06/2022. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A CHARTER SCHOOL IN RHODE ISLAND
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED A STATE CHARTER SCHOOL FOR RHODE ISLAND STUDENTS DRAWING LARGELY FROM THE GREATER PROVIDENCE METROPOLITAN AREA, WITH 69.89% OF THE STUDENTS FROM THE CITY OF PROVIDENCE. USING INNOVATIVE EDUCATION PRACTICES AS A CATALYST FOR SOCIAL CHANGE, THE SCHOOL IS WORKING TO ENSURE THAT ALL CHILDREN HAVE THE EDUCATIONAL OPPORTUNITIES AND SUPPORT THEY NEED TO ACHIEVE THEIR FULL POTENTIAL. THE SCHOOL HAD AN AVERAGE ENROLLMENT OF 619 STUDENTS FOR THE YEAR ENDED JUNE 30, 2022. ON OCTOBER 20, 2020 THE SCHOOL'S CHARTER WAS RENEWED FOR A TWO-YEAR TERM THROUGH THE YEAR ENDING JUNE 30, 2023. THE RENEWED CHARTER APPROVED THE SCHOOL TO CONTINUE PRE-KINDERGARTEN THROUGH 12TH GRADE CLASSES. THE SCHOOL OPENED A SECOND LOCATION IN WARREN, RHODE ISLAND, IN AUGUST 2014, 2020 TO ACCOMMODATE THE SCHOOL'S STUDENTS IN GRADES SEVEN THROUGH TWELVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rose Mary Grant Ceo/principal | Officer | 35 | $161,307 |
Jane Roseberry Asst. Head Of School | 35 | $133,100 | |
Jessica Blanco Director Of Teaching | 35 | $127,190 | |
Frank Picciotti CFO | Officer | 35 | $111,544 |
Michael Willard Hs Principal | 40 | $110,459 | |
Jeanne D'agostino Development Director | 40 | $106,130 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,541,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,286 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,747,986 |
| Total Program Service Revenue | $12,931,833 |
| Investment income | $5,580 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $23,000 |
| Net Gain/Loss on Asset Sales | -$29,532 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,745,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $191,174 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $327,483 |
| Compensation of current officers, directors, key employees. | $81,871 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,553,199 |
| Pension plan accruals and contributions | $788,091 |
| Other employee benefits | $632,521 |
| Payroll taxes | $547,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,117 |
| Fees for services: Accounting | $84,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $338,795 |
| Advertising and promotion | $4,712 |
| Office expenses | $318,556 |
| Information technology | $127,828 |
| Royalties | $0 |
| Occupancy | $953,742 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,257 |
| Interest | $194,905 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $364,782 |
| Insurance | $113,652 |
| All other expenses | $0 |
| Total functional expenses | $12,728,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $332,702 |
| Savings and temporary cash investments | $3,382,882 |
| Pledges and grants receivable | $549,996 |
| Accounts receivable, net | $160,401 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $76,272 |
| Net Land, buildings, and equipment | $9,402,479 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $198,516 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $521,134 |
| Total assets | $14,624,382 |
| Accounts payable and accrued expenses | $920,146 |
| Grants payable | $0 |
| Deferred revenue | $894 |
| Tax-exempt bond liabilities | $2,825,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,037,928 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,783,968 |
| Net assets without donor restrictions | $7,651,805 |
| Net assets with donor restrictions | $188,609 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,624,382 |
Grants Awarded
Over the last fiscal year, The Highlander Charter School has awarded $191,174 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Providence, RI PURPOSE: GENERAL SUPPORT | $63,233 |
SPECIALIZED EDUCATION OF RI INC PURPOSE: GENERAL SUPPORT | $52,198 |
Providence, RI PURPOSE: GENERAL SUPPORT | $28,466 |
Providence, RI PURPOSE: GENERAL SUPPORT | $20,000 |
NORTHERN RHODE ISLAND COLLABORATIVE PURPOSE: GENERAL SUPPORT | $17,605 |
Warwick, RI PURPOSE: GENERAL SUPPORT | $9,672 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Highlander Charter School has recieved totaling $120,409.
| Awarding Organization | Amount |
|---|---|
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $66,634 |
The Champlin Foundation Pittsburgh, PA PURPOSE: SOFTBALL AND SOCCER FIELD RENOVATIONS | $30,000 |
The Rhode Island Community Foundation Providence, RI PURPOSE: GENERAL SUPPORT; PROJECT BASED LEARNING | $21,275 |
Feinstein Family Fund Cranston, RI PURPOSE: FURTHER FOUNDATION PURPOSE | $1,500 |
Barker Foundation Inc Providence, RI PURPOSE: TO PROMOTE DRAMA IN PROVIDENCE RI | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Achievement First Inc New Haven, CT | $52,811,061 | $64,422,955 |
Rhode Island Mayoral Academy Cumberland, RI | $44,692,718 | $42,226,919 |
Achievement First Rhode Island New Haven, CT | $19,683,627 | $34,238,868 |
Goodwin College Magnet Schools Inc East Hartford, CT | $5,402,152 | $17,501,870 |
Achievement First Hartford Academy Inc New Haven, CT | $6,951,433 | $17,053,937 |
Paul Cuffee School Providence, RI | $13,974,820 | $16,770,174 |
Achievement First Bridgeport Academy Inc New Haven, CT | $13,758,067 | $16,509,487 |
Capital Prep Charter Schools Ny Bridgeport, CT | $5,743,327 | $15,721,123 |
Elm City College Preparatory Inc New Haven, CT | $33,084,628 | $13,299,319 |
The Highlander Charter School Providence, RI | $14,624,382 | $14,745,189 |
Capital Prep Harbor School Inc Bridgeport, CT | $4,120,211 | $11,615,050 |
Great Oaks Charter School - Bridgeport Inc Bridgeport, CT | $4,760,394 | $9,171,396 |