Paul Cuffee School
- Assets
- $14.0m
- Revenue
- $16.8m
- Investments
- $0.0
- Employees
- 253
- Location
- Providence, RI
- Founding
- 07/2002
- Data as of
- 06/2021
- EIN
- 05-0518947
Organization Overview
Paul Cuffee School is located in Providence, RI. The organization was established in 2002. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Paul Cuffee School employed 253 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul Cuffee 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 06/2021, Paul Cuffee School generated $16.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $15.5m during the year ending 06/2021. While expenses have increased by 3.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PERSONAL INITIATIVE, PERSERVERANCE AND SOCIAL RESPONSIBILITY. OUR FACILITY IS COMMITTED TO DIFFERENTIATED INSTRUCTION AND EVIDENCE-BASED PRACTICES THAT CONNECT ACADEMIC SUCCESS TO SOCIAL-EMOTIONAL LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RHODE ISLAND DEPARTMENT OF EDUCATION APPROVED PAUL CUFFEE SCHOOL'S CHARTER RENEWAL FOR ITS ENTIRE FIVE-YEAR TERM BASED ON THE SCHOOL MEETING TO EXCEEDING EXPECTATIONS IN ACADEMIC PERFORMANCE, ORGANIZATIONAL PERFORMANCE AND FINANCIAL SUSTAINABILTY. THE SCHOOL HAS MOVED TO A BLENDED LEARNING MODEL IN ITS MIDDLE AND HIGH SCHOOL LEVELS, WHERE STUDENTS LEARN THROUGH A COMBINATION OF FACE-TO-FACE INSTRUCTION AND ONLINE LEARNING MODULES. A GRANT AWARD FROM THE STATE OF RHODE ISLAND'S ENGLISH LEARNERS CATEGORICAL FUND IS MAKING IT POSSIBLE FOR ENGLISH LANGUAGE LEARNERS AT CUFFEE TO PARTICIPATE IN AFTER SCHOOL ENRICHMENT PROGRAMS DESIGNED TO IMPROVE BILITERACY IN SPANISH AND ENGLISH. THE HIGH SCHOOL'S GRADUATION RATE IS 86% WITH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Haskins Head Of School | Officer | 40 | $159,000 |
Jeff Dronzek Business Manager | Officer | 40 | $115,000 |
Earl Smith III President | Trustee | 1 | $0 |
Mitchell Leeds IV Clerk | Trustee | 1 | $0 |
Sue Almeida Trustee | Trustee | 1 | $0 |
Dan Moos Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,077,620 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,114,143 |
| Total Program Service Revenue | $12,645,093 |
| Investment income | $8,122 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,770,174 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $274,000 |
| Compensation of current officers, directors, key employees. | $115,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,559,480 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,215,230 |
| Payroll taxes | $660,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $350,617 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $359,149 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $926,165 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $178,068 |
| Insurance | $96,943 |
| All other expenses | $424,840 |
| Total functional expenses | $15,519,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,749,289 |
| Savings and temporary cash investments | $1,358,722 |
| Pledges and grants receivable | $1,190,849 |
| Accounts receivable, net | $11,209 |
| 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 | $361 |
| Net Land, buildings, and equipment | $3,664,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,974,820 |
| Accounts payable and accrued expenses | $1,039,465 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,304 |
| Total liabilities | $1,054,769 |
| Net assets without donor restrictions | $12,743,128 |
| Net assets with donor restrictions | $176,923 |
| 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 | $13,974,820 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Paul Cuffee School has recieved totaling $37,247.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: PROGRAM SUPPORT; CAPTAIN PAUL CUFFEE'S LEGACY AND OUR SCHOOL'S 20TH ANNIVERSARY | $19,237 |
Island Foundation Inc Marion, MA PURPOSE: EDUCATION | $10,000 |
Frederick C Tanner Memorial Fund Inc Rumford, RI PURPOSE: GENERAL PURPOSES | $5,200 |
Mcadams Charitable Foundation Providence, RI PURPOSE: OPERATING EXPENSES | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $310 |
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 |