E-Stem Public Charter Schools Inc
- Assets
- $14.3m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 447
- Location
- Little Rock, AR
- Founding
- 05/2008
- Data as of
- 06/2022
- EIN
- 26-0749166
Organization Overview
E-Stem Public Charter Schools Inc is located in Little Rock, AR. The organization was established in 2008. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, E-Stem Public Charter Schools Inc employed 447 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. E-Stem Public Charter Schools 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 06/2022, E-Stem Public Charter Schools Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $3.7m 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
SUPPORTING E-STEM CHARTER SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED THREE CHARTER SCHOOLS AND CONDUCTED ADDITIONAL PROGRAM ACTIVITIES IN ORDER TO PROMOTE EDUCATIONAL ACHIEVEMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jess Askew III Board President | Trustee | 0.5 | $0 |
Bill Dillard III Board Member | Trustee | 0.5 | $0 |
Melissa B Walsh Board Member | Trustee | 0.5 | $0 |
Jill Floyd Board Member | Trustee | 0.5 | $0 |
Vernard Henley Jr Board Member | Trustee | 0.5 | $0 |
John Bacon Executive Director Of Scho | Officer | 20 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eco Construction Inc Construction | 6/29/18 | $8,289,587 |
Cdw Government It Services & Hardware | 6/29/18 | $449,787 |
Pathway Communications Communications | 6/29/18 | $208,516 |
Genesis Datacom Llc Technology | 6/29/18 | $132,259 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,130 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,130 |
| Total Program Service Revenue | $3,202,339 |
| Investment income | $783 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $101 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,312,900 |
| 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. | $172,355 |
| Compensation of current officers, directors, key employees. | $80,871 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,612,376 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,156 |
| Payroll taxes | $55,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,550 |
| Advertising and promotion | $10,833 |
| Office expenses | $6,736 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $515,637 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $130,098 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,035,763 |
| Insurance | $0 |
| All other expenses | $81 |
| Total functional expenses | $3,705,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,052 |
| Savings and temporary cash investments | $821,076 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $13,437,207 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,452 |
| Total assets | $14,301,787 |
| Accounts payable and accrued expenses | $55,017 |
| 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 | $14,904,965 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $157,205 |
| Total liabilities | $15,117,187 |
| Net assets without donor restrictions | -$1,256,347 |
| Net assets with donor restrictions | $440,947 |
| 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 | $14,301,787 |
Grants Awarded
Over the last fiscal year, E-Stem Public Charter Schools Inc has awarded $4,806,912 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
E-STEM MIDDLE PUBLIC CHARTER SCHOOLS INC PURPOSE: Future construction site for new school facilities. | $1,901,852 |
E-STEM HIGH PUBLIC CHARTER SCHOOLS INC PURPOSE: Operational funds for various needs of the schools supported by this organization. | $501,604 |
E-STEM MIDDLE PUBLIC CHARTER SCHOOLS INC PURPOSE: Future construction site for new school facilities. | $1,901,852 |
E-STEM HIGH PUBLIC CHARTER SCHOOLS INC PURPOSE: Operational funds for various needs of the schools supported by this organization. | $501,604 |