Infinity Charter School
- Assets
- $10.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 41
- Location
- Harrisburg, PA
- Founding
- 11/2003
- Data as of
- 06/2023
- EIN
- 23-3100497
Organization Overview
Infinity Charter School is located in Harrisburg, PA. 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 06/2023, Infinity Charter School employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infinity 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, Infinity Charter School generated $3.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $3.2m during the year ending 06/2023. While expenses have increased by 10.4% 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
THE ORGANIZATION'S PURPOSE IS TO CREATE, OPERATE AND MAINTAIN A CHARTER SCHOOL IN THE CENTRAL DAUPHIN SCHOOL DISTRICT AND ADDRESS THE INTELLECTUAL, ACADEMIC AND SOCIO-EMOTIONAL NEEDS OF GIFTED STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFINITY CHARTER SCHOOL HAS PROVEN SUCCESS IN SERVING INTELLECTUALLY GIFTED CHILDREN IN KINDERGARTEN THROUGH EIGHTH GRADES. OUR THEME-BASED, HOLISTIC APPROACH, AND DIFFERENTIATED, FLEXIBLE CURRICULUM PRODUCES AN EXTRAORDINARY ACADEMIC EDUCATION RIVALED ONLY BY PRIVATE SCHOOLS. SUCCESS IS REFLECTED IN OUR CONSISTENT APTITUDE TEST RESULTS AND RECOGNITION AS A NATIONAL BLUE RIBBON SCHOOL. WE CONTINUE TO HAVE A WAITING LIST OF FAMILIES WANTING TO ENROLL. INFINITY CHARTER SCHOOL WEAVES TOGETHER WELL-TRAINED TEACHERS WHO FOCUS ON THE NEEDS OF INTELLECTUALLY GIFTED CHILDREN WITH A COMMITMENT TO OUR CORE VALUES AND STRONG SUPPORT FROM OUR FAMILIES AND THE LARGER COMMUNITY. THIS CREATES AN EDUCATIONAL BLUEPRINT THAT ALLOWS GIFTED CHILDREN TO DEVELOP AS WHOLE PEOPLE AND THE NEXT GENERATION OF VISIONARY LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Gausman Executive Di | Officer | 40 | $101,238 |
Shelly Fredericks Business Man | Officer | 25 | $44,310 |
Matthew Blaylock Treasurer | OfficerTrustee | 5 | $0 |
Michelle Coleman President | OfficerTrustee | 2 | $0 |
Michelle Haring Vice Preside | OfficerTrustee | 1 | $0 |
Andreja Rocknage Parent Rep & | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $175,983 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,627 |
| Total Program Service Revenue | $3,210,163 |
| Investment income | $7,128 |
| 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 | $3,398,918 |
| 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. | $235,627 |
| Compensation of current officers, directors, key employees. | $141,365 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,384,557 |
| Pension plan accruals and contributions | $100,692 |
| Other employee benefits | $265,166 |
| Payroll taxes | $135,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,581 |
| Fees for services: Accounting | $18,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,781 |
| Advertising and promotion | $2,162 |
| Office expenses | $179,099 |
| Information technology | $38,878 |
| Royalties | $0 |
| Occupancy | $118,062 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $289,872 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $214,399 |
| Insurance | $48,424 |
| All other expenses | $456 |
| Total functional expenses | $3,186,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $1,171,682 |
| Pledges and grants receivable | $48,882 |
| Accounts receivable, net | $407,249 |
| 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 | $232,000 |
| Net Land, buildings, and equipment | $9,089,374 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,949,387 |
| Accounts payable and accrued expenses | $425,951 |
| 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 | $5,409,472 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,128,620 |
| Total liabilities | $7,964,043 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$559,025 |
| Paid-in or capital surplus, or land, building, or equipment fund | $3,544,369 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,949,387 |