New Day Charter School
- Assets
- $4.3m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 56
- Location
- Huntingdon, PA
- Founding
- 09/2003
- Data as of
- 06/2023
- EIN
- 05-0554718
Organization Overview
New Day Charter School is located in Huntingdon, PA. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, New Day Charter School employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Day 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 06/2023, New Day Charter School generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $3.4m during the year ending 06/2023. While expenses have increased by 7.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE AND EXPAND TRADITIONAL EDUCATIONAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNDS ARE USED TO PROVIDE AN ALTERNATIVE EDUCATION TO THOSE STUDENTS WHO ARE HAVING DIFFICULTY IN THE REGULAR CLASSROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Berger Board Member | Trustee | 1 | $0 |
Janice Metzgar Board Member | Trustee | 1 | $0 |
Carolyn Payne Board Member | Trustee | 1 | $0 |
Steven Fleck Treasurer | Officer | 1 | $0 |
Deborah Goodman Secretary | Officer | 1 | $0 |
Richard Daubert Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $424,176 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $424,176 |
| Total Program Service Revenue | $3,332,091 |
| Investment income | $19,098 |
| 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 | $3,779,539 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,419,754 |
| Pension plan accruals and contributions | $555,673 |
| Other employee benefits | $390,091 |
| Payroll taxes | $110,818 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,947 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,051 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,564 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $194,802 |
| Insurance | $14,603 |
| All other expenses | $100,267 |
| Total functional expenses | $3,354,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,731,467 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $851,349 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,766 |
| Prepaid expenses and deferred charges | $13,941 |
| Net Land, buildings, and equipment | $544,589 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,978 |
| Total assets | $4,268,090 |
| Accounts payable and accrued expenses | $334,674 |
| 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 | $3,975,552 |
| Total liabilities | $4,310,226 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $231,713 |
| Retained earnings, endowment, accumulated income, or other funds | -$273,849 |
| Total liabilities and net assets/fund balances | $4,268,090 |