Carmen High School Of Science And Technology Inc is located in Milwaukee, WI. 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 06/2022, Carmen High School Of Science And Technology Inc employed 261 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carmen High School Of Science And Technology 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, Carmen High School Of Science And Technology Inc generated $24.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $21.9m during the year ending 06/2022. While expenses have increased by 13.4% 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
TO PREPARE STUDENTS FOR COLLEGE AND FAMILY SUSTAINING CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARTER SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Lopez Chief Executive Officer | Officer | 50 | $162,708 |
Melissa Mcgonegle Director Of Talent | 40 | $137,006 | |
Michael Nguyen Chief Of Staff | 40 | $119,600 | |
Glen Hackmann Board Chair | OfficerTrustee | 1 | $0 |
Jason Kohout Board Treasurer | OfficerTrustee | 1 | $0 |
Ivan Gamboa Board President | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Leslie Billie Operations Consultant | 6/29/22 | $165,462 |
Clarity Management Llc Accounting | 6/29/22 | $153,710 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $7,017,443 |
All other contributions, gifts, grants, and similar amounts not included above | $735,525 |
Noncash contributions included in lines 1a–1f | $461,649 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,752,968 |
Total Program Service Revenue | $16,655,206 |
Investment income | $14,219 |
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 | $24,006,774 |
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. | $181,721 |
Compensation of current officers, directors, key employees. | $181,721 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,701,040 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,045,746 |
Payroll taxes | $1,052,709 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $128,136 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,468,138 |
Advertising and promotion | $32,415 |
Office expenses | $616,941 |
Information technology | $868,097 |
Royalties | $0 |
Occupancy | $2,109,638 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $463,142 |
Interest | $57,240 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $164,450 |
Insurance | $173,941 |
All other expenses | $0 |
Total functional expenses | $21,904,003 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,225,357 |
Savings and temporary cash investments | $20,219,169 |
Pledges and grants receivable | $2,022,467 |
Accounts receivable, net | $459,534 |
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 | $380,271 |
Net Land, buildings, and equipment | $2,180,836 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $26,487,634 |
Accounts payable and accrued expenses | $1,248,146 |
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 | $1,303,286 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,551,432 |
Net assets without donor restrictions | $21,342,100 |
Net assets with donor restrictions | $2,594,102 |
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 | $26,487,634 |
Over the last fiscal year, we have identified 4 grants that Carmen High School Of Science And Technology Inc has recieved totaling $118,666.
Awarding Organization | Amount |
---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SCHOOL-BASED HEALTH CLINIC PARTNERSHIP WITH SIXTEENTH STREET | $49,643 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SCHOOL-BASED HEALTH CLINIC PARTNERSHIP WITH SIXTEENTH STREET | $49,643 |
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI PURPOSE: DONOR DESIGNATIONS | $19,309 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp Chicago Schools Chicago, IL | $13,709,561 | $40,280,655 |
Hmong Academy St Paul, MN | $37,890,238 | $35,478,590 |
Three Pillars - An Educational Services Provider Royal Oak, MI | $4,279,920 | $27,789,586 |
Carmen High School Of Science And Technology Inc Milwaukee, WI | $26,487,634 | $24,006,774 |
Lionsgate Academy Minnetonka, MN | $8,728,304 | $20,147,818 |
Intrinsic Schools Chicago, IL | $39,836,849 | $21,177,530 |
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Twin Cities International Schools Minneapolis, MN | $10,477,770 | $17,272,708 |
Eagle Ridge Academy Minnetonka, MN | $14,507,492 | $16,854,949 |
Lakes International Language Academy Forest Lake, MN | $12,188,611 | $15,744,589 |
Parnassus Preparatory School Maple Grove, MN | $11,987,253 | $16,239,729 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |