Lehigh Valley Charter High School For The Arts
- Assets
- $5.9m
- Revenue
- $11.6m
- Investments
- $0.0
- Employees
- 112
- Location
- Bethlehem, PA
- Founding
- 08/1997
- Data as of
- 06/2022
- EIN
- 23-2859758
Organization Overview
Lehigh Valley Charter High School For The Arts is located in Bethlehem, PA. The organization was established in 1997. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Lehigh Valley Charter High School For The Arts employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lehigh Valley Charter High School For The Arts 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, Lehigh Valley Charter High School For The Arts generated $11.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $9.6m during the year ending 06/2022. While expenses have increased by 3.7% 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
PENNSYLVANIA CHARTER HIGH SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION STATEMENT- THE LEHIGH VALLEY CHARTER HIGH SCHOOL FOR THE ARTS PROVIDES A UNIQUE ENVIRONMENT THAT FOSTERS A CREATIVE, RIGOROUS ACADEMIC APPROACH TO LEARNING AND A DEVELOPMENT OF TALENTS IN THE ARTS. BUILT ON PASSION, DISCIPLINE AND A COMMITMENT TO EXCELLENCE, THIS INTEGRATIVE EDUCATIONAL EXPERIENCE INSPIRES ALL STUDENTS TO BELIEVE IN WHO THEY ARE AND IN WHAT THEY CAN ACCOMPLISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Acerra President | OfficerTrustee | $0 | |
Paul Braden Vice Preside | OfficerTrustee | $0 | |
John V Filipos Treasurer | OfficerTrustee | $0 | |
Norma Nunez - Ruch Board Member | OfficerTrustee | $0 | |
Carise Comstock Superintende | Officer | $0 | |
Cheryl Mueller Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,301,561 |
| All other contributions, gifts, grants, and similar amounts not included above | $171,507 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,473,068 |
| Total Program Service Revenue | $9,361,647 |
| Investment income | $1,033 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $85,431 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $127 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,587,241 |
| 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 | $4,735,874 |
| Pension plan accruals and contributions | $744,694 |
| Other employee benefits | $1,292,402 |
| Payroll taxes | $354,547 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $87,360 |
| Fees for services: Accounting | $9,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,003 |
| Office expenses | $6,128 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,271,771 |
| Travel | $24,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,134 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,223 |
| Insurance | $54,420 |
| All other expenses | $338,102 |
| Total functional expenses | $9,594,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $429,399 |
| Savings and temporary cash investments | $2,313,467 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,573,850 |
| 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 | $111,543 |
| Net Land, buildings, and equipment | $410,464 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,016,034 |
| Total assets | $5,854,757 |
| Accounts payable and accrued expenses | $41,308 |
| 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 | $8,377,093 |
| Total liabilities | $8,418,401 |
| Net assets without donor restrictions | -$2,563,644 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,854,757 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lehigh Valley Charter High School For The Arts has recieved totaling $21,677.
| Awarding Organization | Amount |
|---|---|
Julius & Katheryn Hommer Foundation Las Vegas, NV PURPOSE: GENERAL OPERATING | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $952 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $725 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |
Ascend Learning Inc Brooklyn, NY | $10,949,837 | $20,246,927 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
Workforce Development Corp New York, NY | $20,852,099 | $12,566,315 |
International School Of Brooklyn Brooklyn, NY | $6,521,944 | $15,095,239 |
Watershed Agricultural Council Of The New York City Watersheds Inc Walton, NY | $8,601,609 | $14,819,769 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Purpose Foundation Island Park, NY | $1,585,866 | $11,041,724 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Tikva Corp West Caldwell, NJ | $10,446,184 | $12,711,125 |
Stemcivics Inc Ewing Township, NJ | $5,738,931 | $13,034,787 |