Commonwealth Charter Academy Charter School is located in Harrisburg, PA. The organization was established in 2005. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Commonwealth Charter Academy Charter School employed 1,399 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth Charter 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 06/2022, Commonwealth Charter Academy Charter School generated $397.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $274.7m during the year ending 06/2022. While expenses have increased by 15.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
K-12 PUBLIC CYBER CHARTER SCHOOL THAT PROVIDES PERSONALIZED, TUITION-FREE EDUCATION TO PA STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMONWEALTH CHARTER ACADEMY IS AN INDEPENDENT CYBER CHARTER SCHOOL WITH A PRIMARY PURPOSE TO PROVIDE A PERSONALIZED EDUCATION TO STUDENTS IN PENNSYLVANIA. CURRENTLY, THE SCHOOL SERVES APPROXIMATELY 24,000 K-12 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ralph Dyer Chairman | OfficerTrustee | 5 | $0 |
Jeff Piccola Vice Chairmain | OfficerTrustee | 5 | $0 |
Rob Barr Treasurer | OfficerTrustee | 5 | $0 |
Marcie Mulligan Secretary Through December | OfficerTrustee | 5 | $0 |
Lil Jackson Board Member; Secretary As Of Jan | OfficerTrustee | 5 | $0 |
Christopher Choi Board Member Through January | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Phillips Managed Support Services It & Curr Dist; Enroll & It Call Centers | 6/29/22 | $14,960,220 |
Candoris Technologies Technology Provider | 6/29/22 | $11,975,277 |
Learningmate Solutions Lms & Curriculum Services | 6/29/22 | $11,784,021 |
Boclips Educational Content | 6/29/22 | $4,041,223 |
Savvas Learning Company Digital Curriculum | 6/29/22 | $3,580,006 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $53,489,940 |
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 | $53,489,940 |
Total Program Service Revenue | $342,201,573 |
Investment income | $390,570 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,243,546 |
Net Gain/Loss on Asset Sales | -$283,594 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $397,188,393 |
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. | $954,559 |
Compensation of current officers, directors, key employees. | $954,559 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $88,237,045 |
Pension plan accruals and contributions | $27,466,470 |
Other employee benefits | $17,633,424 |
Payroll taxes | $6,608,208 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $369,296 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,919,293 |
Insurance | $0 |
All other expenses | $2,461,005 |
Total functional expenses | $274,675,729 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $187,441,570 |
Pledges and grants receivable | $35,419,063 |
Accounts receivable, net | $27,716,452 |
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 | $20,023,986 |
Net Land, buildings, and equipment | $173,521,738 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $115,378,132 |
Total assets | $559,500,941 |
Accounts payable and accrued expenses | $39,009,511 |
Grants payable | $0 |
Deferred revenue | $188,086 |
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 | $215,215,672 |
Total liabilities | $254,413,269 |
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 | $305,087,672 |
Total liabilities and net assets/fund balances | $559,500,941 |