Providence Creek Academy Charter School
- Assets
- $18.0m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Clayton, DE
- Founding
- 05/2003
- Data as of
- 06/2021
- EIN
- 51-0413324
Organization Overview
Providence Creek Academy Charter School is located in Clayton, DE. The organization was established in 2003. According to its NTEE Classification (B29) the organization is classified as: Charter 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. Providence Creek Academy 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, Providence Creek Academy Charter School generated $8.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $7.8m during the year ending 06/2021. While expenses have increased by 1.1% 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
PROVIDENCE CREEK ACADEMY OFFERS A UNIQUE APPROACH TO THE APPLICATION OF MATH, SCIENCE, ENGLISH LANGUAGE ARTS AND SOCIAL STUDIES. WE COMBINE ACADEMICS AND CITIZENSHIO TO EDUCATE THE WHOLE CHILD. PROVIDENCE CREEK ACADEMY HAS DEVELOPED ENDLESS ACADEMIC OPPORTUNITIES FOR A DIVERSE STUDENT POPULATION; CULTURAL AND ACADEMIC FIELD TRIPS; STUDENT MENTORING; ODDISSEY OF THE MIND; MATH & WRITING ENRICHMENT; SCTUDENT COUNCIL; SCIENCE FAIR; JUNIOR ACHIEVEMNT; COMMINITY SERVICE PROGRAMS; NATIONAL HONOR SOCIETY; FUTURE EDUCATORS OF AMERICA; LEARNING ENRICHMENT AFTER SCHOOL; AND PROGRAMS--LEAP.OUR STAFF ENCOURAGES INQUIRY-BASED LEARNING WHICH FACILITATES CRITICAL THINKING SKILLS. HIGH ACADEMICH ACHIEVEMNT, CHARACHTER DEVELOPEMENT, AND
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDENCE CREEK ACADEMY CHARTER SCHOOL, INC. OFFERS A UNIQUE APPROACH TO THE APPLICATION OF MATH, SCIENCE, ENGLISH LANGUAGE ARTS AND SOCIAL STUDIES. WE COMBINE ACADEMICS AND CITIZENSHIP TO EDUCATE THE WHOLE CHILD. PROVIDENCE CREEK ACADEMY HAS DEVELOPED ENDLESS ACADEMIC OPPORTUNITIES FOR A DIVERSE STUDENT POPULATION; CULTURAL AND ACADEMIC FIELD TRIPS; STUDENT MENTORING; ODYSSEY OF THE MIND; MATH & WRITING ENRICHMENT; STUDENT COUNCIL; SCIENCE FAIR; JUNIOR ACHIEVEMENT; COMMUNITY SERVICE PROGRAMS; NATIONAL HONOR SOCIETY; FUTURE EDUCATORS OF AMERICA; LEARNING ENRICHMENT AFTER SCHOOL; AND PROGRAMS--LEAP OUR STAFF ENCOURAGES INQUIRY-BASED LEARNING WHICH FACILITATES CRITICAL THINKING SKILLS. HIGH ACADEMIC ACHIEVEMENT, CHARACTERDEVELOPMENT, AND TECHNOLOGY PROMOTE A CLIMATE FOR LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa English Secretary/teacher Member | Trustee | 37.5 | $38,106 |
Melissa Rhoads President | OfficerTrustee | 1.5 | $0 |
Lisa Moore Vice President | OfficerTrustee | 1.5 | $0 |
Charles K Mosher Treasurer | OfficerTrustee | 1.5 | $0 |
Adrian Peoples Board Member - Parent Memb | Trustee | 1.5 | $0 |
Elizabeth Colombo-Kutch Board Member | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,217,633 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,382,359 |
| Total Program Service Revenue | $18,629 |
| Investment income | $41,701 |
| 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 | $8,442,689 |
| 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. | $38,106 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,446,965 |
| Pension plan accruals and contributions | $820,892 |
| Other employee benefits | $1,105,560 |
| Payroll taxes | $247,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,919 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,550 |
| Advertising and promotion | $12,540 |
| Office expenses | $37,129 |
| Information technology | $79,705 |
| Royalties | $0 |
| Occupancy | $298,708 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $371,914 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $370,785 |
| Insurance | $89,722 |
| All other expenses | $59,880 |
| Total functional expenses | $7,843,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,342,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $236,598 |
| 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 | $10,202,072 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,186,709 |
| Total assets | $17,967,379 |
| Accounts payable and accrued expenses | $864,278 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $5,568,000 |
| 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 | $5,202,250 |
| Other liabilities | $19,129,268 |
| Total liabilities | $30,763,796 |
| 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 | -$12,796,417 |
| Total liabilities and net assets/fund balances | $17,967,379 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Providence Creek Academy Charter School has recieved totaling $304.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $304 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Belmont Charter School Philadelphia, PA | $6,922,339 | $21,008,354 |
University Heights Charter School Of Excellence Inc Newark, NJ | $19,966,425 | $19,377,888 |
Propel Charter School Sunrise Pittsburgh, PA | $9,914,076 | $19,454,226 |
West Oak Lane Charter School Philadelphia, PA | $9,484,536 | $17,633,515 |
Central Jersey College Preparatory Charter School Somerset, NJ | $11,475,546 | $18,846,415 |
Mast Community Charter School Iii Philadelphia, PA | $53,124,349 | $21,172,350 |
Mast Community Charter School Ii Philadelphia, PA | $15,675,168 | $22,231,273 |
Bergen Arts And Science Charter School Fair Lawn, NJ | $12,632,550 | $21,570,680 |
Paterson Arts And Science Charter School Fair Lawn, NJ | $9,568,826 | $19,593,384 |
Freedom Prep Charter School Camden, NJ | $12,014,464 | $18,736,177 |
Mastery Charter School - Harrity Elementary Philadelphia, PA | $9,434,703 | $16,430,234 |
Wissahickon Charter School Philadelphia, PA | $12,512,836 | $17,919,129 |