Charter School Of The Dunes Inc
- Assets
- $11.9m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 101
- Location
- Gary, IN
- Founding
- 08/2003
- Data as of
- 06/2024
- EIN
- 26-0016939
Organization Overview
Charter School Of The Dunes Inc is located in Gary, IN. The organization was established in 2003. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2024, Charter School Of The Dunes Inc employed 101 individuals. This organization is the central organization for a national or regional group of organizations. Charter School Of The Dunes Inc 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 06/2024, Charter School Of The Dunes Inc generated $12.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $9.6m during the year ending 06/2024. While expenses have increased by 11.7% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INSPIRE SUCCESS THROUGH AN INNOVATIVE CURRICULUM WHILE CULTIVATING ENVIRONMENTAL STEWARDSHIP AND SETTING HIGH STANDARDS FOR STUDENT ACHIEVEMENT THROUGH FAMILY AND COMMUNITY INVOLVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL PROVIDING EDUCATION TO THOSE SEEKING AN ALTERNATIVE TO THE TRADITIONAL PUBLIC SCHOOL SYSTEM. THE ORGANIZATION PROVIDES THE PRIMARY EDUCATION TO STUDENTS WITHIN THE GARY, INDIANA COMMUNITY IN GRADES KINDERGARTEN THROUGH EIGHT. IN THE 2023-24 ACADEMIC SCHOOL YEAR, THE ORGANIZATION PROVIDED EDUCATIONAL INSTRUCTION TO APPROXIMATELY 670 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Cera President | OfficerTrustee | 1 | $0 |
Paul Orner Vice President | OfficerTrustee | 1 | $0 |
Shalonda Drayton Secretary | OfficerTrustee | 1 | $0 |
George Rogge Member | Trustee | 1 | $0 |
Jamika Smith Member | Trustee | 1 | $0 |
Tameka White Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Illinois Central School Bus Student Transportation Services | 6/29/24 | $479,117 |
Ceres Food Group Student Food Services | 6/29/24 | $419,212 |
United Healthcare Medical Insurance | 6/29/24 | $324,569 |
Nipsco Utilities - Electricity And Gas | 6/29/24 | $196,198 |
Anthem Bcbs Medical Insurance | 6/29/24 | $187,379 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,225,206 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,236 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,227,442 |
| Total Program Service Revenue | $55,355 |
| Investment income | $79,313 |
| 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 | $12,435,188 |
| 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. | $363,632 |
| Compensation of current officers, directors, key employees. | $82,007 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,772,803 |
| Pension plan accruals and contributions | $558,522 |
| Other employee benefits | $426,713 |
| Payroll taxes | $385,149 |
| Fees for services: Management | $120,207 |
| Fees for services: Legal | $5,574 |
| Fees for services: Accounting | $41,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $385,980 |
| Advertising and promotion | $68,505 |
| Office expenses | $438,532 |
| Information technology | $209,127 |
| Royalties | $0 |
| Occupancy | $388,972 |
| Travel | $22,881 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $76,591 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,168 |
| Insurance | $67,312 |
| All other expenses | $0 |
| Total functional expenses | $9,584,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,161,313 |
| Savings and temporary cash investments | $852,740 |
| Pledges and grants receivable | $294,840 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $9,237,456 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $362,751 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,909,100 |
| Accounts payable and accrued expenses | $351,442 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $3,384,110 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $112,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,848,052 |
| Net assets without donor restrictions | $8,061,048 |
| 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 | $11,909,100 |