Gem Charter School Inc
- Assets
- $531.7k
- Revenue
- $937.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Mesa, AZ
- Founding
- 04/1999
- Data as of
- 06/2021
- EIN
- 86-0904939
Organization Overview
Gem Charter School Inc is located in Mesa, AZ. The organization was established in 1999. According to its NTEE Classification (B25) the organization is classified as: Secondary & High 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. Gem 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 06/2021, Gem Charter School Inc generated $937.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $782.3k during the year ending 06/2021. While expenses have increased by 22.4% 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
THE SCHOOL IS DEDICATED TO THE DEVELOPMENT OF WELL-ROUNDED INDIVIDUALS, WHO ARE PROFICIENT, SELF-CONFIDENT, AND HAVE ASCERTAINED THE POTENTIAL AND DESIRE FOR LIFE-LONG LEARNING AND IMPROVED ACADEMIC PERFORMANCE THROUGH THE IMLEMENTATION OF THE MONTESSORI METHOD OF EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GEM CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO ELEMENTARY STUDENTS. THE SCHOOL USES THE MONTESSORI APPROACH TO HELP STUDENTS BECOME WELL ROUNDED, CONFIDENT, PROFICIENT, LIFE-LONG LEARNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nelleke Van Savooyen President | OfficerTrustee | 5 | $0 |
Sandy Holzer Secretary | OfficerTrustee | 1 | $0 |
Sherri Sampson Member/head | OfficerTrustee | 40 | $0 |
Rima Abdouni Member | Trustee | 1 | $0 |
Johna Martinez Member | Trustee | 1 | $0 |
Karyn Smith Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $937,085 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,658 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $948,743 |
| Total Program Service Revenue | $0 |
| Investment income | $59 |
| 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 | $937,889 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $23,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $612,621 |
| Advertising and promotion | $892 |
| Office expenses | $84,393 |
| Information technology | $938 |
| Royalties | $0 |
| Occupancy | $42,596 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,343 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,467 |
| Insurance | $5,209 |
| All other expenses | $0 |
| Total functional expenses | $782,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,297 |
| Savings and temporary cash investments | $46,902 |
| Pledges and grants receivable | $112,726 |
| Accounts receivable, net | $0 |
| 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 | $1,073 |
| Net Land, buildings, and equipment | $166,596 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $114,135 |
| Total assets | $531,729 |
| Accounts payable and accrued expenses | $150,295 |
| 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 | $150,295 |
| Net assets without donor restrictions | $242,817 |
| Net assets with donor restrictions | $138,617 |
| 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 | $531,729 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gem Charter School Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Bay Area Schools Oakland, CA | $172,487,625 | $112,257,587 |
Somerset Academy Of Las Vegas Las Vegas, NV | $192,795,065 | $79,621,443 |
High Tech High San Diego, CA | $58,788,634 | $76,672,129 |
Menlo School Atherton, CA | $320,152,000 | $64,317,000 |
Oaks Christian School Westlake Village, CA | $150,419,760 | $62,594,014 |
Summit Public Schools Redwood City, CA | $48,530,707 | $55,546,203 |
Colorado Springs Early Colleges Fort Collins, CO | $35,604,171 | $48,955,771 |
El Camino Real Alliance Woodland Hills, CA | $34,397,207 | $53,776,806 |
Milken Community Schools Los Angeles, CA | $80,759,256 | $40,537,524 |
Windward School Los Angeles, CA | $106,329,646 | $41,804,232 |
Orange County School Of The Arts Santa Ana, CA | $14,647,557 | $49,463,330 |
Inner City Education Foundation Los Angeles, CA | $33,345,924 | $41,820,831 |