Basis Charter Schools Inc

Organization Overview

Basis Charter Schools Inc is located in Scottsdale, AZ. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Basis Charter Schools 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, Basis Charter Schools Inc generated $158.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $151.6m during the year ending 06/2022. While expenses have increased by 9.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF BASIS CHARTER SCHOOLS IS TO EMPOWER STUDENTS TO ACHIEVE AT GLOBALLY COMPETITIVE LEVELS WITH A TRANSFORMATIVE K-12 ACADEMIC PROGRAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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Board, Officers & Key Employees

Name (title)Compensation
Craig Barrett
Chairman
$0
Don Budinger
Secretary
$0
Shelly M Esque
Director/tre
$0
Terry Sarvas
Director
$0
Mittida Raksanaves
Director
$0
Victoria Rico
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Basis Educational Group
Mgmt & Devlpmnt
$16,498,223
Basis Educational Group
Leased Employee
$92,374,453
Mariposa Speech Services Llc
Contractor
$900,451
Proethic Building Services
Janitorial Serv
$652,185
V Rou Janitorial Cleaning Services
Janitorial Serv
$267,129
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,906,415
All other contributions, gifts, grants, and similar amounts not included above$6,871,668
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,778,083
Total Program Service Revenue$141,653,653
Investment income $1,115,787
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $593,451
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $158,140,974

Peer Organizations

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Basis Charter Schools Inc
Scottsdale, AZ
$158,140,974
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