21st Century Charter School At Gary Inc is located in Indianapolis, IN. The organization was established in 2007. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, 21st Century Charter School At Gary Inc employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 21st Century Charter School At Gary 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, 21st Century Charter School At Gary Inc generated $15.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $14.0m during the year ending 06/2021. While expenses have increased by 7.3% 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
BEATING POVERTY THROUGH QUALITY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPING THE HIGHEST POTENTIAL OF STUDENTS THROUGH EDUCATING THE WHOLE PERSON, ENSURING THAT ALL STUDENTS ATTAIN BASIC SKILLS APPROPRIATE TO THEIR AGE AND GRADE LEVEL. THERE ARE A TOTAL OF 1268 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $15,040,119 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,040,119 |
Total Program Service Revenue | $129,441 |
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 | $15,193,404 |
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 | $5,436,967 |
Pension plan accruals and contributions | $397,035 |
Other employee benefits | $605,628 |
Payroll taxes | $418,576 |
Fees for services: Management | $822,943 |
Fees for services: Legal | $41,116 |
Fees for services: Accounting | $51,988 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $764,713 |
Advertising and promotion | $74,988 |
Office expenses | $45,077 |
Information technology | $703,356 |
Royalties | $0 |
Occupancy | $515,836 |
Travel | $337,232 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,527,392 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $792,685 |
Insurance | $135,750 |
All other expenses | $104,540 |
Total functional expenses | $13,969,293 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,858,122 |
Savings and temporary cash investments | $337,396 |
Pledges and grants receivable | $171,191 |
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 | $133,890 |
Net Land, buildings, and equipment | $11,642,587 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,152,973 |
Total assets | $16,296,159 |
Accounts payable and accrued expenses | $992,348 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $11,628,622 |
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 | $495,000 |
Other liabilities | $1,379,328 |
Total liabilities | $14,495,298 |
Net assets without donor restrictions | $1,800,861 |
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 | $16,296,159 |
Over the last fiscal year, we have identified 1 grants that 21st Century Charter School At Gary Inc has recieved totaling $31,000.
Awarding Organization | Amount |
---|---|
Fulk Family Foundation Inc Chicago, IL PURPOSE: TEACHER DEVELOPMENT | $31,000 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp Chicago Schools Chicago, IL | $13,709,561 | $40,280,655 |
Phalen Leadership Academy-Indiana Inc Indianapolis, IN | $19,837,313 | $31,079,119 |
Carmen High School Of Science And Technology Inc Milwaukee, WI | $26,487,634 | $24,006,774 |
Kipp Indianapolis Inc Indianapolis, IN | $19,111,079 | $22,227,841 |
Frontier Schools Inc Kansas City, MO | $35,530,269 | $28,374,845 |
Intrinsic Schools Chicago, IL | $39,836,849 | $21,177,530 |
Guadalupe Educational Systems Inc Kansas City, MO | $13,472,707 | $27,548,134 |
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Ewing Marion Kauffman School Inc Kansas City, MO | $12,328,924 | $22,686,630 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Crossroads Charter Schools Kansas City, MO | $14,061,355 | $16,288,564 |
Career Academy Of South Bend Inc South Bend, IN | $28,812,268 | $15,770,291 |