Westminster Community Charter School
- Assets
- $14.7m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 114
- Location
- Buffalo, NY
- Founding
- 11/2005
- Data as of
- 06/2022
- EIN
- 20-1405355
Organization Overview
Westminster Community Charter School is located in Buffalo, NY. The organization was established in 2005. 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, Westminster Community Charter School employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westminster Community 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, Westminster Community Charter School generated $8.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $9.5m during the year ending 06/2022. 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
TO CREATE A SAFE ENVIRONMENT AND COMMUNITY TO PREPARE STUDENTS FOR A SUCCESSFUL EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULAR EDUCATION PROGRAM EXPENSE FOR KINDERGARDEN THROUGH GRADE 8 STUDENTS ENROLLED IN THE CHARTER SCHOOL.
SPECIAL EDUCATION PROGRAMS FOR KINDERGARDEN THROUGH GRADE 8 STUDENTS ENROLLED IN THE CHARTER SCHOOL.
OTHER PROGRAM EXPENSES INCLUDING CONTRACTED SUMMER SCHOOL PROGRAMS, AFTER SCHOOL PROGRAMS, AND OTHER PROGRAMS FOR KINDERGARDEN THROUGH GRADE 8 STUDENTS ENROLLED IN THE CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Eisenbeis Chairperson | OfficerTrustee | 2 | $0 |
Diane Cozzo Vice Chairperson | OfficerTrustee | 2 | $0 |
Terenda Brown Trustee | Trustee | 33.75 | $32,462 |
Elizabeth Czarnecki Trustee | Trustee | 1 | $0 |
Callie Johnson PHD Trustee | Trustee | 1 | $0 |
Thomas Kim Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,738,907 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,000 |
| Noncash contributions included in lines 1a–1f | $76,968 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,765,907 |
| Total Program Service Revenue | $6,276,650 |
| Investment income | $935 |
| 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 | $8,088,662 |
| 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. | $62,137 |
| Compensation of current officers, directors, key employees. | $622 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,898,348 |
| Pension plan accruals and contributions | $376,852 |
| Other employee benefits | $1,502,007 |
| Payroll taxes | $401,643 |
| 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 | $189,019 |
| Advertising and promotion | $6,644 |
| Office expenses | $69,938 |
| Information technology | $80,881 |
| Royalties | $0 |
| Occupancy | $51,834 |
| 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 | $427,654 |
| Insurance | $101,504 |
| All other expenses | $48,202 |
| Total functional expenses | $9,478,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,609,607 |
| Savings and temporary cash investments | $8,300,262 |
| Pledges and grants receivable | $663,214 |
| Accounts receivable, net | $70,196 |
| 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 | $97,298 |
| Net Land, buildings, and equipment | $3,929,624 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,670,201 |
| Accounts payable and accrued expenses | $1,407,970 |
| Grants payable | $0 |
| Deferred revenue | $44,958 |
| 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 | $3,635,067 |
| Total liabilities | $5,087,995 |
| Net assets without donor restrictions | $9,572,206 |
| Net assets with donor restrictions | $10,000 |
| 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 | $14,670,201 |