Kingsman Academy Public Charter School
- Assets
- $15.8m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 63
- Location
- Washington, DC
- Founding
- 06/2015
- Data as of
- 06/2023
- EIN
- 47-3403539
Organization Overview
Kingsman Academy Public Charter School is located in Washington, DC. The organization was established in 2015. 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 06/2023, Kingsman Academy Public Charter School employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingsman Academy Public Charter School 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 06/2023, Kingsman Academy Public Charter School generated $11.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $10.8m during the year ending 06/2023. While expenses have increased by 3.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN INDIVIDUALIZED AND RIGOROUS EDUCATION IN A SUPPORTIVE ENVIRONMENT TO PREPARE SCHOLARS FOR POST-SECONDARY SUCCESS AND RESPONSIBLE CITIZENSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL IS AN OPEN-ENROLLMENT, TUITION-FREE, PUBLIC CHARTER SCHOOL THAT SERVES APPROXIMATELY 280 STUDENTS IN GRADES SIX THROUGH TWELVE WHO MAY BE AT RISK OF DROPPING OUT OF SCHOOL. MANY OF THESE STUDENTS ARE OVER-AGE AND UNDER-CREDITED FOR THEIR GRADE LEVEL, HAVE ATTENDANCE PROBLEMS, AND/OR HAVE BEHAVIORAL OR EMOTIONAL CHALLENGES. THE SCHOOL OFFERS INDIVIDUALIZED INSTRUCTION AND ADDITIONAL RESOURCES FOR ALL STUDENTS, RICH SPECIAL EDUCATION SERVICES, A STRONG MULTI-TIERED SYSTEM OF SUPPORT, SCHOOL-WIDE POSITIVE BEHAVIORAL INTERVENTION AND SUPPORT, AND NUMEROUS CO-CURRICULAR AND EXTRACURRICULAR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Messner President And Chairman | OfficerTrustee | 5 | $0 |
Indra Chalk Vice President & Vice Chair | OfficerTrustee | 5 | $0 |
Maria Blaeuer Director | Trustee | 1 | $0 |
Julia Bloom-Weltman Director | Trustee | 1 | $0 |
Toloria Gant Director | Trustee | 1 | $0 |
Martine Solanges Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
D Wolf Contractor Maintenance | 6/29/23 | $444,575 |
Tutor Partners Professional Development | 6/29/23 | $262,891 |
Holland & Knight Legal Services | 6/29/23 | $286,233 |
Foghill Inc Janitorial | 6/29/23 | $138,630 |
Edops Accounting & Finance | 6/29/23 | $130,971 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,920,475 |
| All other contributions, gifts, grants, and similar amounts not included above | $148,358 |
| Noncash contributions included in lines 1a–1f | $13,145 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,068,833 |
| Total Program Service Revenue | $9,001,837 |
| Investment income | $20,129 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,965 |
| 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 | $11,127,764 |
| 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. | $195,505 |
| Compensation of current officers, directors, key employees. | $27,207 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,764,311 |
| Pension plan accruals and contributions | $107,284 |
| Other employee benefits | $456,766 |
| Payroll taxes | $331,874 |
| 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 | $923,880 |
| Advertising and promotion | $0 |
| Office expenses | $173,036 |
| Information technology | $212,997 |
| Royalties | $0 |
| Occupancy | $759,542 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $315,038 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $551,162 |
| Insurance | $84,317 |
| All other expenses | $0 |
| Total functional expenses | $10,759,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,703,700 |
| Savings and temporary cash investments | $590,656 |
| Pledges and grants receivable | $1,372,166 |
| Accounts receivable, net | $66,011 |
| 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 | $39,032 |
| Net Land, buildings, and equipment | $11,054,506 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,826,071 |
| Accounts payable and accrued expenses | $587,951 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $6,852,865 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $575,822 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,312 |
| Total liabilities | $8,039,950 |
| Net assets without donor restrictions | $7,786,121 |
| 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 | $15,826,071 |