Southwest Baltimore Charter School Inc
- Assets
- $2.9m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 29
- Location
- Baltimore, MD
- Founding
- 04/2005
- Data as of
- 06/2021
- EIN
- 41-2146005
Organization Overview
Southwest Baltimore Charter School Inc is located in Baltimore, MD. The organization was established in 2005. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Southwest Baltimore Charter School Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Baltimore Charter School 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 06/2021, Southwest Baltimore Charter School Inc generated $6.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $6.1m during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOUTHWEST BALTIMORE CHARTER SCHOOL'S MISSION IS TO CREATE EXTRAORDINARY LEARNING EXPERIENCES THAT INSPIRE THE THOUGHTFUL, COURAGEOUS, COMPASSIONATE CITIZEN IN EVERY CHILD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHWEST BALTIMORE CHARTER SCHOOL ACKNOWLEDGES AND NURTURES THE TALENTS OF ALL CHILDREN IN A CULTURALLY AND SOCIALLY DIVERSE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Brockman Executive Director | Officer | 40 | $110,033 |
Jennifer Nail Board Chair | OfficerTrustee | 1 | $0 |
Dagmar Wehling Secretary | OfficerTrustee | 1 | $0 |
Jennifer St Germain Treasurer | OfficerTrustee | 1 | $0 |
Suzanne Hurst Vice Chair | OfficerTrustee | 1 | $0 |
Shannice Anderson-Kimpson Director | Trustee | 1 | $0 |
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 | $323,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $323,891 |
| Total Program Service Revenue | $6,130,313 |
| Investment income | $102 |
| 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 | $6,454,306 |
| 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. | $110,033 |
| Compensation of current officers, directors, key employees. | $8,715 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,637,812 |
| Pension plan accruals and contributions | $207,711 |
| Other employee benefits | $621,022 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,309 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,719 |
| Advertising and promotion | $0 |
| Office expenses | $17,946 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,604 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,856 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,002 |
| Insurance | $29,890 |
| All other expenses | $2,429 |
| Total functional expenses | $6,101,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $495,879 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $114,798 |
| 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 | $9,733 |
| Net Land, buildings, and equipment | $2,295,379 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,915,789 |
| Accounts payable and accrued expenses | $22,733 |
| 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 | $56,197 |
| Total liabilities | $78,930 |
| Net assets without donor restrictions | $2,836,859 |
| 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 | $2,915,789 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southwest Baltimore Charter School Inc has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
Baltimore Next Generation Investing Event Inc Baltimore, MD PURPOSE: financial support | $47,000 |
Ochs Family Foundation Baltimore, MD PURPOSE: TO SUPPORT THE ORGANIZATIONS SERVICES | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Tatnall School Inc Wilmington, DE | $48,687,568 | $19,526,911 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Milton Gottesman Jewish Day School Of The Nations Capital Washington, DC | $47,850,998 | $22,230,618 |
Mastery Charter School-Pickett Campus Philadelphia, PA | $12,425,498 | $19,474,866 |
Philadelphia Academy Charter School Philadelphia, PA | $22,346,982 | $21,291,315 |
Imagine Schools Inc Vienna, VA | $112,554,052 | $31,881,932 |
Meridian Public Charter School Washington, DC | $25,835,715 | $17,496,957 |
St Paul's School For Girls Inc Brooklandville, MD | $0 | $15,914,099 |
Propel Charter School - Montour Pittsburgh, PA | $8,477,857 | $16,070,119 |
St Johns Community Services - District Of Columbia Washington, DC | $113,804 | $20,352,755 |
Philadelphia Charter School For Arts And Sciences At Hr Edmunds Philadelphia, PA | $13,352,194 | $18,760,552 |