Charette Charter School
- Assets
- $2.0m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 40
- Location
- Providence, RI
- Founding
- 03/2019
- Data as of
- 06/2022
- EIN
- 82-4296249
Organization Overview
Charette Charter School is located in Providence, RI. The organization was established in 2019. 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, Charette Charter School employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charette 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, Charette Charter School generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 25.0% per year over the past 4 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
THE SCHOOL'S MISSION IS TO INSPIRE STUDENTS TO BECOME PRACTITIONERS OF CITY PLANNING AS A LIFE LONG CIVIC ENGAGEMENT STRATEGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF APPROXIMATELY 165 STUDENTS IN 9TH, 10TH, 11TH AND 12TH GRADE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Vespia Executive Di | 40 | $150,100 | |
Marijoan Bull Vice Chairma | Officer | 2 | $0 |
Dr Richard Solomon Chairman | Officer | 2 | $0 |
Derrick Perry Trustee | 2 | $0 | |
Lisa Scorpio Trustee | 2 | $0 | |
Anika Clements Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,059,310 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,810 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,062,120 |
| Total Program Service Revenue | $2,814,797 |
| Investment income | $476 |
| 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 | $3,877,393 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,618,965 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $211,799 |
| Payroll taxes | $161,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,470 |
| Fees for services: Accounting | $74,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,432 |
| Advertising and promotion | $0 |
| Office expenses | $12,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $513,700 |
| Travel | $0 |
| 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 | $71,100 |
| Insurance | $22,221 |
| All other expenses | $198,943 |
| Total functional expenses | $3,306,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $506,592 |
| Savings and temporary cash investments | $500,974 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $355,493 |
| 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 | $34,323 |
| Net Land, buildings, and equipment | $639,831 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $135 |
| Total assets | $2,037,348 |
| Accounts payable and accrued expenses | $316,226 |
| 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 | $0 |
| Total liabilities | $316,226 |
| Net assets without donor restrictions | $1,721,122 |
| 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 | $2,037,348 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Charette Charter School has recieved totaling $23,460.
| Awarding Organization | Amount |
|---|---|
Rhode Island Council For The Humanities Providence, RI PURPOSE: CIVIC ENGAGEMENT AT CHARETTE HIGH SCHOOL | $11,730 |
Rhode Island Council For The Humanities Providence, RI PURPOSE: CIVIC ENGAGEMENT AT CHARETTE HIGH SCHOOL | $11,730 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwin College Magnet Schools Inc East Hartford, CT | $5,402,152 | $17,501,870 |
Achievement First Hartford Academy Inc New Haven, CT | $6,951,433 | $17,053,937 |
Paul Cuffee School Providence, RI | $13,974,820 | $16,770,174 |
Achievement First Bridgeport Academy Inc New Haven, CT | $13,758,067 | $16,509,487 |
Capital Prep Charter Schools Ny Bridgeport, CT | $5,743,327 | $15,721,123 |
Elm City College Preparatory Inc New Haven, CT | $33,084,628 | $13,299,319 |
The Highlander Charter School Providence, RI | $14,624,382 | $14,745,189 |
Capital Prep Harbor School Inc Bridgeport, CT | $4,120,211 | $11,615,050 |
Great Oaks Charter School - Bridgeport Inc Bridgeport, CT | $4,760,394 | $9,171,396 |
Highville Charter School Inc New Haven, CT | $16,114,071 | $7,986,663 |
New Beginnings Family Academy Inc Bridgeport, CT | $6,914,685 | $8,124,878 |
International Charter School Corporation Pawtucket, RI | $4,227,421 | $6,703,285 |