Reach Cyber Charter School
- Assets
- $58.1m
- Revenue
- $132.7m
- Investments
- $0.0
- Employees
- 585
- Location
- Harrisburg, PA
- Founding
- 01/2016
- Data as of
- 06/2021
- EIN
- 47-4968734
Organization Overview
Reach Cyber Charter School is located in Harrisburg, PA. The organization was established in 2016. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Reach Cyber Charter School employed 585 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach Cyber 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 06/2021, Reach Cyber Charter School generated $132.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 67.2% each year . All expenses for the organization totaled $101.2m during the year ending 06/2021. While expenses have increased by 66.1% per year over the past 5 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
REACH CYBER CHARTER SCHOOL IS AN INDEPENDENT CYBER CHARTER SCHOOL WITH A PRIMARY PURPOSE TO PROVIDE A UNIQUE EDUCATION TO STUDENTS IN PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REACH CYBER CHARTER SCHOOL IS AN INDEPENDENT CYBER CHARTER SCHOOL WITH A PRIMARY PURPOSE TO PROVIDE A UNIQUE EDUCATION TO STUDENTS IN PENNSYLVANIA.
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 |
|---|---|---|---|
Jane Swan CEO | Officer | 40 | $137,700 |
Greg Mcgurdy Dir. Of Spec Ed | 40 | $115,170 | |
Leeann Ritchie Lead Principal | 40 | $115,154 | |
Corey Groff Principal | 40 | $106,791 | |
Joseph Harford Board Secretary | Trustee | 5 | $0 |
David Biondo Board Treasurer | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Connections Education Depository Educational Support | 6/29/21 | $34,271,870 |
Charter Choices Inc Business Services | 6/29/21 | $525,629 |
Presence Learning Educational Services | 6/29/21 | $547,303 |
Therapy Source Special Ed Services | 6/29/21 | $283,261 |
Global Teletherapy Special Ed Services | 6/29/21 | $152,813 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,151,567 |
| 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 | $5,151,567 |
| Total Program Service Revenue | $127,560,089 |
| Investment income | $23,178 |
| 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 | $132,734,834 |
| 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. | $141,100 |
| Compensation of current officers, directors, key employees. | $141,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,142,861 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,477,678 |
| Payroll taxes | $2,790,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,345 |
| Fees for services: Accounting | $758,181 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $54,521 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $541,024 |
| Travel | $33,620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $144,029 |
| Insurance | $242,737 |
| All other expenses | $283,351 |
| Total functional expenses | $101,228,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,674,843 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,395,309 |
| Accounts receivable, net | $7,336,705 |
| 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 | $105,115 |
| Net Land, buildings, and equipment | $544,141 |
| Investments—publicly traded securities | $25,002,632 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,917 |
| Total assets | $58,067,662 |
| Accounts payable and accrued expenses | $7,059,422 |
| 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 | $6,650,052 |
| Total liabilities | $13,709,474 |
| Net assets without donor restrictions | $44,358,188 |
| 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 | $58,067,662 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reach Cyber Charter School has recieved totaling $61.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Commonwealth Charter Academy Charter School Harrisburg, PA | $339,017,840 | $315,461,489 |
Reach Cyber Charter School Harrisburg, PA | $58,067,662 | $132,734,834 |
Mastery Schools Of Camden Inc Philadelphia, PA | $73,798,386 | $68,691,904 |
The Windward School White Plains, NY | $180,402,224 | $74,362,935 |
Matheny School And Hospital Inc Peapack, NJ | $69,499,999 | $54,050,053 |
Eden Autism Services Inc Princeton, NJ | $37,499,869 | $43,268,973 |
Mary Cariola Childrens Center Inc Rochester, NY | $32,501,953 | $38,497,065 |
Winston Preparatory School New York, NY | $56,916,189 | $37,261,516 |
Childrens Institute Of Pittsburgh Pittsburgh, PA | $161,136,560 | $38,389,576 |
Spectrum 360 A New Jersey Nonprofit Corporation Verona, NJ | $23,814,231 | $33,525,143 |
Eden Ii School For Autistic Childern Inc Staten Island, NY | $32,260,171 | $32,379,334 |
Maryland School For The Blind Baltimore, MD | $195,153,982 | $44,682,438 |