Breakthrough Public Schools
- Assets
- $1.5m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 02/2013
- Data as of
- 06/2022
- EIN
- 27-0362848
Organization Overview
Breakthrough Public Schools is located in Cleveland, OH. The organization was established in 2013. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breakthrough Public Schools 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, Breakthrough Public Schools generated $8.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $9.1m during the year ending 06/2022. While expenses have increased by 0.6% 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
BPS' MISSION IS TO PROVIDE SUSTAINABLE, HIGH-QUALITY PUBLIC SCHOOLS IN (SEE SCHEDULE O)CLEVELAND'S UNDER-SERVED NEIGHBORHOODS, ENSURING ALL STUDENTS HAVE ACCESSTO A PUBLIC, FREE, OUTSTANDING COLLEGE PREPARATORY EDUCATION. OUR SCHOOLSHAVE BEEN HONORED BY LOCAL, STATE, AND NATIONAL ORGANIZATIONS FOREXCELLENCE IN TEACHING, LEADERSHIP, AND STUDENT ACHIEVEMENT. WE CURRENTLYSERVE NEARLY 3,300 K-8 STUDENTS ACROSS TEN FREE, PUBLIC CHARTERSCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAKTHROUGH PUBLIC SCHOOLS IS A CHARTER SCHOOL MANAGEMENT ORGANIZATIONFORMED TO SUPPORT THREE URBAN PUBLIC CHARTER SCHOOLS IN CLEVELAND, OH.,WHICH HAS EXPANDED TO SUPPORT SEVEN CHARTER SCHOOLS THROUGH JUNE 30, 2021.BPS'S GOAL IS TO SUPPORT THE UNIQUE EDUCATIONAL MODELS OF EACH BPSSUPPORTED SCHOOL, WHILE BUILDING A SHARED OPERATIONAL PLATFORM THAT CANSUPPORT THE LAUNCH OF MORE CHARTER SCHOOLS WITHIN CLEVELAND, OH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Howard Trustee | Trustee | 1 | $0 |
Paul Harris Trustee | Trustee | 1 | $0 |
Linda Zucca Trustee | Trustee | 1 | $0 |
Alan Kopit Trustee | Trustee | 1 | $0 |
Andrew Lee Trustee | Trustee | 1 | $0 |
Danielle Eisenberg Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kpm Ltd Property Management | 6/29/22 | $1,207,303 |
Mangen & Associates Accounting | 6/29/22 | $1,073,292 |
Jetpack Group Limited Llc Consulting | 6/29/22 | $180,563 |
Frontline Technologies Group Llc Consulting | 6/29/22 | $166,269 |
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 | $249,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,996 |
| Total Program Service Revenue | $7,431,512 |
| Investment income | $0 |
| 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 | $8,613,684 |
| 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 | $5,421,403 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $231,150 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $187,501 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,405 |
| All other expenses | $0 |
| Total functional expenses | $9,057,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $920,495 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $301,656 |
| 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 | $26,344 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $233,632 |
| Total assets | $1,482,127 |
| Accounts payable and accrued expenses | $634,219 |
| 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 | $587,526 |
| Other liabilities | $0 |
| Total liabilities | $1,221,745 |
| Net assets without donor restrictions | $260,382 |
| 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 | $1,482,127 |
Grants Awarded
Over the last fiscal year, Breakthrough Public Schools has awarded $1,987,319 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CITIZENS LEADERSHIP ACADEMY PURPOSE: EDUCATION | $138,159 |
CITIZENS ACADEMY EAST PURPOSE: EDUCATION | $138,266 |
VILLAGE PREP SCH WOODLAND HTS PURPOSE: EDUCATION | $450,699 |
CITIZENS ACADEMY PURPOSE: EDUCATION | $633,854 |
E PREP SCHOOL WH PURPOSE: EDUCATION | $79,779 |
E PREP CLIFFS SCHOOL PURPOSE: EDUCATION | $130,568 |