Positive Outcomes Charter School Inc
- Assets
- $9.0m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, DE
- Founding
- 07/1996
- Data as of
- 06/2022
- EIN
- 51-0373927
Organization Overview
Positive Outcomes Charter School Inc is located in Camden, DE. The organization was established in 1996. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary 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. Positive Outcomes 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 06/2022, Positive Outcomes Charter School Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 1.6% 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
STATE OF DELAWARE CHARTERED SCHOOL. THE SCHOOL'S MISSION IS TO PROVIDE OPPORTUNITY FOR STUDENTS AT RISK TO LEARN IN A SAFE, CARING, AND RESPECTFUL ENVIRONMENT, WHERE INDIVIDUALITY IS VALUED AND INDIVIDUAL NEEDS ARE ADDRESSED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE POSITIVE OUTCOMES CHARTER SCHOOL IS A PUBLIC SCHOOL ESTABLISHED UNDER A CHARTER GRANTED BY THE STATE OF DELAWARE DEPARTMENT OF EDUCATION AND THE DELAWARE STATE BOARD OF EDUCATION PURSUANT TO TITLE 14, CHAPTER 5 OF THE DELAWARE CODE. THE MISSION OF THE CHARTER SCHOOL IS TO PROVIDE OPPORTUNITY FOR STUDENTS AT RISK TO LEARN IN A SAFE, CARING, AND RESPECTFUL ENVIRONMENT. THE TOTAL CHARTER SCHOOL ENROLLMENT FOR THE CURRENT FISCAL YEAR IS 120 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Wills President (community Rep) | OfficerTrustee | 2 | $0 |
Kristin Barrall Vice President (community | OfficerTrustee | 1 | $0 |
John Dunick Director (community Rep) | Trustee | 1 | $0 |
Doyle Tiller Director (parents Rep) | Trustee | 1 | $0 |
Aleks Yuan Q Shen Director (parents Rep) | Trustee | 1 | $0 |
Kathleen Denny Director (staff And Facult | Trustee | 1 | $69,264 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,356,093 |
| 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 | $3,356,093 |
| Total Program Service Revenue | $0 |
| Investment income | $10,010 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,900 |
| 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 | $3,615,674 |
| 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. | $364,754 |
| Compensation of current officers, directors, key employees. | $17,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,515,846 |
| Pension plan accruals and contributions | $422,258 |
| Other employee benefits | $188,018 |
| Payroll taxes | $141,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,790 |
| Fees for services: Accounting | $17,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,963 |
| Advertising and promotion | $0 |
| Office expenses | $19,882 |
| Information technology | $15,161 |
| Royalties | $0 |
| Occupancy | $37,633 |
| Travel | $2,931 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,189 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,661 |
| Insurance | $40,626 |
| All other expenses | $0 |
| Total functional expenses | $3,399,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,478,963 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $343,306 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,876,576 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,314,131 |
| Total assets | $9,012,976 |
| Accounts payable and accrued expenses | $360,061 |
| 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 | $2,059,966 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,228,990 |
| Total liabilities | $13,649,017 |
| Net assets without donor restrictions | $0 |
| 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 | -$4,636,041 |
| Total liabilities and net assets/fund balances | $9,012,976 |