CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOL: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOL (EIN 27-5208674)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-13
- IRS object ID
- 202401349349307440
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-13T16:36:44-04:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 462108854 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENDALL PREBOLA AND JONES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 259 | AddressLine1Txt |
| City | BEDFORD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 155220259 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 275208674 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATIVE MINDS INTERNATIONAL PUBLIC | BusinessNameLine1Txt |
| Business Name Line2 | CHARTER SCHOOL | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CREA | BusinessNameControlTxt |
| Phone | 2025880370 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3700 NORTH CAPITOL STREET NW 217 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20011 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG BEDNAROVSKY - CHIEF OPERATION | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 2025880370 | PhoneNum |
| Signature | 2024-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CRAIG | PersonFirstNm |
| Person Last | BEDNAROVSKY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD M JONES CPA | PreparerPersonNm |
| PTIN | P00621721 | PTIN |
| Phone | 8146231880 | PhoneNum |
| Preparation | 2024-05-11 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHARLES JACKSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3700 NORTH CAPITOL STREET NW 217 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $19,231,361 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CREATIVEMINDSPCS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO OFFER STUDENTS A RIGOROUS EDUCATION PLAN THAT PROVIDES SKILLS REQUIRED FOR SUCCESSFUL PARTICIPATION IN A GLOBAL SOCIETY | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 189 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,565,087 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,728,920 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,481,222 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $15,252,697 | CYProgramServiceRevenueAmt |
| CY Investment Income | $245,083 | CYInvestmentIncomeAmt |
| CY Other Revenue | $4,661 | CYOtherRevenueAmt |
| PY Total Revenue | $15,046,309 | PYTotalRevenueAmt |
| CY Total Revenue | $19,231,361 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,842,013 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,222,771 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $72,816 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,567,299 | PYOtherExpensesAmt |
| CY Other Expenses | $4,581,423 | CYOtherExpensesAmt |
| PY Total Expenses | $15,409,312 | PYTotalExpensesAmt |
| CY Total Expenses | $15,804,194 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$363,003 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,427,167 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $39,022,356 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,227,875 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $37,481,980 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $40,799,763 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,540,376 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,428,112 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO CULTIVATE WITHIN ALL OF OUR STUDENTS THE MINDSET, SKILLS, CREATIVITY, AND COMMITMENT TO EQUITY ESSENTIAL IN BECOMING GLOBALLY AWARE AND INDEPENDENTLY MINDED CITIZENS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $13,786,892 | ExpenseAmt |
| Revenue | $15,252,697 | RevenueAmt |
| Desc | ESTABLISHED IN 2012, CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOL STRIKES A UNIQUE BALANCE IN EDUCATION BY TAKING A GLOBAL APPROACH TO LEARNING WHILE ALWAYS MAINTAINING FOCUS AND ATTENTION ON THE DEVELOPMENT OF THE INDIVIDUAL STUDENT. CREATIVE MINDS ENCOURAGES AND RESPECTS INDIVIDUALITY. OUR TEACHING AND ADMINISTRATION STAFF SUPPORT OUR STUDENTS TO BUILD ON THEIR STRENGTHS AND TALENTS. THROUGH THE LENS OF OUR INTERNATIONAL CURRICULUM, OUR STUDENTS IN PRESCHOOL THROUGH 8TH GRADE GAIN AN UNDERSTANDING OF, AND AN APPRECIATION AND RESPECT FOR, DIFFERENCES OF ALL KINDS, MAKING THEM CONFIDENT, CULTURALLY AWARE INDIVIDUALS CAPABLE OF SUCCEEDING IN A DIVERSE AND GLOBAL SOCIETY. CREATIVE MINDS IS THE ONLY PUBLIC SCHOOL IN THE DISTRICT OF COLUMBIA IMPLEMENTING A CONTINUOUS INTERNATIONAL CURRICULUM FROM PRESCHOOL THROUGH MIDDLE SCHOOL. IN 2017, CREATIVE MINDS BECAME THE FIRST SCHOOL IN THE UNITED STATES TO ACHIEVE ACCREDITATION IN THE INTERNATIONAL PRIMARY CURRICULUM (IPC) AND BEGAN USING THE INTERNATIONAL MIDDLE YEARS CURRICULUM (IMYC). INTERNATIONAL EARLY YEARS CURRICULUM (IPC) IN KINDERGARTEN THROUGH FOURTH GRADE, THE INTERNATIONAL PRIMARY CURRICULUM PROVIDES A RIGOROUS, THEMATIC TEACHING STRUCTURE DESIGNED TO ENGAGE CHILDREN OF ALL ABILITIES IN BEING CREATIVE THINKERS AND PROBLEM-SOLVERS IN A GLOBALIZED WORLD. INSTRUCTIONAL UNITS COMBINE CORE ACADEMIC SUBJECTS, SCIENCE, SOCIAL STUDIES, AND THE ARTS. THE CURRICULUM IS DESIGNED SO THAT STUDENTS DO THE FOLLOWING: ACQUIRE THE ESSENTIAL KNOWLEDGE, SKILLS, AND UNDERSTANDING OF A BROAD RANGE OF SUBJECTS. ENGAGE WITH THEIR LEARNING THROUGH POSITIVE EXPERIENCES, SO THEY REMAIN COMMITTED TO LEARNING THROUGHOUT THEIR LIVES. DEVELOP THE PERSONAL QUALITIES THEY NEED TO BE GOOD, CONTRIBUTING CITIZENS. DEVELOP A SENSE OF THEIR NATIONALITY AND CULTURE, AND AT THE SAME TIME, DEVELOP RESPECT FOR THE NATIONALITIES AND CULTURES OF OTHERS. INTERNATIONAL MIDDLE YEARS CURRICULUM (IMYC) THE IMYC PROCESS OF LEARNING CREATES OPPORTUNITIES TO CONNECT LEARNING AND DEVELOP A PERSONAL PERSPECTIVE, WORK WITH PEERS, TAKE RISKS IN A SAFE ENVIRONMENT, AND BECOME CONFIDENT, INDEPENDENT, AND ENGAGED LEARNERS. LEARNING WITH THE IMYC FOLLOWS SIX-WEEK UNITS BASED ON A CONCEPTUAL IDEA OR THEME CALLED THE "BIG IDEA." STUDENTS LINK THE LEARNING IN THEIR DIFFERENT SUBJECTS THROUGH THIS BIG IDEA AND ANALYZE WHAT THEY ARE LEARNING FROM PERSONAL, INTERPERSONAL, AND GLOBAL PERSPECTIVES. ALL CREATIVE MINDS STUDENTS IN KINDERGARTEN THROUGH EIGHTH-GRADE STUDY COMMON CORE STANDARDS-BASED ENGLISH LANGUAGE ARTS AND MATHEMATICS. IN ADDITION TO ARTS INTEGRATION IN OUR ACADEMIC SUBJECTS THROUGH IPC AND IMYC, WE PROVIDE OUR STUDENTS WITH MUSIC, MOVEMENT, AND VISUAL ARTS DURING THE SCHOOL DAY. GLOBAL LANGUAGE CLASSES IN SPANISH AND MANDARIN ARE PROVIDED TO ALL STUDENTS UP TO FOURTH GRADE; FIFTH THROUGH EIGHTH-GRADE STUDENTS CHOOSE ONE LANGUAGE TO WORK TOWARD PROFICIENCY IN THE CHOSEN LANGUAGE. TECHNOLOGY IS AN INTEGRATED PART OF OUR CURRICULA. THE IPC AND IMYC CLEARLY DEFINE LEARNING GOALS THAT DESCRIBE THE KNOWLEDGE, SKILLS, AND UNDERSTANDING STUDENTS SHOULD HAVE IN INFORMATION AND COMMUNICATION TECHNOLOGY. STUDENTS BUILD SKILLS IN INFORMATION AND COMMUNICATIONS TECHNOLOGY THROUGH HANDS-ON PROJECTS THAT ARE PART OF THE IPC AND IMYC. TECHNOLOGY IS USED TO COMMUNICATE, CONNECT, AND HONE CRITICAL THINKING. EXTENDED CREATIVE DAY CREATIVE MINDS BOASTS A DYNAMIC AND INCLUSIVE EXTENDED CREATIVE DAY PROGRAM THAT INCLUDES A WIDE ARRAY OF CLUBS, SPORTS, AND OTHER ACTIVITIES. THE OBJECTIVE OF THE PROGRAMMING IS TO OFFER ENRICHING, DISCOVERY-BASED ACTIVITIES THAT COMPLEMENT AND SUPPORT THE SCHOOL'S MISSION AND ALLOW STUDENTS TO PURSUE THEIR TALENTS AND INTERESTS. EXAMPLES OF CLUBS THAT HAVE BEEN OFFERED INCLUDE GIRLS WHO CODE, STUDENT GOVERNMENT, BASKETBALL, STEP DANCE, DEBATE, AND A RUNNING CLUB. AT CREATIVE MINDS, WE KNOW THAT FOR OUR STUDENTS TO BE READY TO PARTICIPATE IN A GLOBAL SOCIETY, THEY REQUIRE MORE THAN ACADEMIC SKILLS. THEY NEED STRONG SOCIAL AND EMOTIONAL INTELLIGENCE TO NAVIGATE AN INCREASINGLY DIVERSE, GLOBAL SOCIETY. PERSONAL GOALS CREATIVE MINDS TEACHES AND EXPLORES THE PERSONAL GOALS AND DISPOSITIONS EMPHASIZED IN THE IEYC, IPC, AND IMYC. WE THOUGHTFULLY CREATE DEVELOPMENTALLY APPROPRIATE OPPORTUNITIES FOR OUR STUDENTS TO PRACTICE THE FOLLOWING SEVEN TRAITS THROUGHOUT THE SCHOOL DAY AND YEAR. ADAPTABILITY: WE ARE OKAY WITH CHANGE. WE CAN CHANGE OUR ACTIONS OR ATTITUDE TO FIT NEW SITUATIONS. COMMUNICATIONS: WE SHARE OUR IDEAS AND LET OTHERS SHARE THEIRS. WE CAN EXPRESS OURSELVES IN A VARIETY OF WAYS WITH DIFFERENT TYPES OF PEOPLE. COOPERATION: WE WORK TOGETHER AND SUPPORT ONE ANOTHER TO ACHIEVE A GOAL. WE UNDERSTAND THAT EVERYONE CAN CONTRIBUTE SOMETHING DIFFERENT WHEN WORKING TOGETHER. INQUIRY: WE ASK QUESTIONS TO LEARN NEW THINGS. WE PLAN INVESTIGATIONS TO SEEK TRUTH AND BETTER UNDERSTAND IMPORTANT ISSUES. INTEGRITY: WE ARE HONEST, AND WE HELP OTHERS. WE HAVE STRONG MORAL PRINCIPLES, AND WE ACT ON THEM TO IMPROVE THE LIVES OF OTHERS. RESILIENCE: WE TRY AGAIN, EVEN WHEN IT IS HARD. WE HANDLE DISAPPOINTMENTS WITH MATURITY AND CONTINUE TO WORK TOWARD OUR GOALS DESPITE SETBACKS. RESPECT: WE TREAT OTHERS THE WAY WE WANT TO BE TREATED. WE LEARN ABOUT AND ACCEPT ONE ANOTHER'S DIFFERENCES WITH KINDNESS. THOUGHTFULNESS: WE THINK ABOUT WHAT WE HAVE LEARNED AND HOW IT AFFECTS OURSELVES AND OTHERS. WE REFLECT ON OUR STRENGTHS AND WEAKNESSES TO IDENTIFY WAYS TO BETTER OURSELVES. INCLUSIVE EDUCATION CREATIVE MINDS EMPOWERS ALL STUDENTS TO THRIVE ACADEMICALLY, SOCIALLY, AND EMOTIONALLY BY FOSTERING A NURTURING AND INCLUSIVE LEARNING ENVIRONMENT. WITH A COMMITMENT TO THE INCLUSION OF STUDENTS WITH SPECIAL NEEDS AND THOSE LEARNING ENGLISH AS A SECOND LANGUAGE, OUR SCHOOL IMPLEMENTS A CONTINUUM OF SERVICES TO SUPPORT THEIR DIVERSE LEARNING NEEDS. WE ADHERE TO THE PRINCIPLE OF THE LEAST RESTRICTIVE ENVIRONMENT (LRE), PROVIDING STUDENTS WITH DISABILITIES AND EMERGENT MULTILINGUAL LEARNERS OPPORTUNITIES TO LEARN ALONGSIDE THEIR PEERS IN GENERAL EDUCATION CLASSROOMS TO THE MAXIMUM EXTENT APPROPRIATE. OUR EDUCATORS, SERVICE PROVIDERS, AND SUPPORT STAFF UTILIZE EVIDENCE-BASED PRACTICES, STRATEGIES, AND INTERVENTIONS THAT HAVE SHOWN POSITIVE RESULTS, ENABLING THE STUDENTS TO FULLY PARTICIPATE AND THRIVE WITHIN THE EDUCATIONAL ENVIRONMENT ALONGSIDE THEIR PEERS. FAMILY INVOLVEMENT CREATIVE MINDS COUNTS ON OUR FAMILIES' SUPPORT AND ENGAGEMENT TO SUSTAIN OUR SCHOOL'S VIBRANT COMMUNITY LIFE. WE PRIORITIZE MEANINGFUL OPPORTUNITIES FOR FAMILY ENGAGEMENT BECAUSE WE UNDERSTAND THAT ACTIVE FAMILIAL INVOLVEMENT IMPROVES STUDENTS' ACADEMIC PERFORMANCE AND CONTRIBUTES TO A POSITIVE SCHOOL CLIMATE. AT CREATIVE MINDS, FAMILY PARTICIPATION IS CENTRAL TO ACADEMIC LEARNING. WE PROMOTE SHARED LEARNING AND THOUGHTFUL EXCHANGE THROUGH PROGRAMS SUCH AS LITERACY NIGHT AND MATH NIGHT. WE OFFER OPPORTUNITIES FOR PARENTS TO LEARN HOW BEST TO SUPPORT THEIR CHILD(REN) THROUGH WORKSHOPS ON HOW TO READ AND UNDERSTAND ASSESSMENT DATA. PARTICIPATION AT OUR SCHOOL IS PERSONAL, MEANINGFUL, AND ACTIVE. EACH MONTH CREATIVE MINDS HOSTS A SCHOOL ASSEMBLY WE CALL "COMMUNITY MEETING." AS PART OF THESE EVENTS, WE INVITE FAMILIES TO JOIN THEIR CHILDREN IN PRESENTING THEIR CULTURAL HERITAGE. THIS IS AN OPPORTUNITY TO MAKE FAMILIES CENTRAL TO OUR CORE COMMUNITY-BUILDING ACTIVITIES. FAMILIES CAN ATTEND AND SUPPORT IN PLANNING AND PRESENTING DURING THESE COMMUNITY MEETINGS. | Desc |
| Total Program Service Expenses | $13,786,892 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 189 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG BEDNAROVSKY | PersonNm |
| Phone | 2025880370 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3700 NORTH CAPITOL STREET NW 217 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20011 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| NAVIN NAYAK | |||||||
| CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL CURRAN | |||||||
| TREASURER | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ART FIELDS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| COREY GORDON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HEATHER CURTIS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HOLLY OLIVER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| IMANI DAVIS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNI WALLACE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LISA RAYMOND | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LYNN JENNINGS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MANNY HERNANDEZ | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE LIDDELL | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| TIM ABRAM | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NEAL BROWN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DIONNE TYUS GARVIN - OUTGOING | |||||||
| VICE CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MATT WALKER - OUTGOING | |||||||
| SECRETARY | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHARLES JACKSON | |||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $236,888 | $0 | $21,857 | ||
| CRAIG BEDNAROVSKY - CHIEF OPERATION | |||||||
| OFFICER | 40.00 | Yes (X) | $188,313 | $0 | $23,620 | ||
| NAYAMKA LONG-DEPUTY DIRECTOR CHIEF | |||||||
| ACADEMIC OFF | 40.00 | Yes (X) | $183,244 | $0 | $16,135 | ||
| LORNA DILL - MIDDLE | |||||||
| SCHOOL DIREC | 40.00 | $165,713 | $0 | $21,676 | Yes (X) | ||
| EMMANUEL TAIWO - DIRECTOR | |||||||
| OF INCLUSION | 40.00 | $159,914 | $0 | $10,875 | Yes (X) | ||
| TSISI SITHOLE | |||||||
| ECE DIRECTOR | 40.00 | $144,488 | $0 | $23,316 | Yes (X) | ||
| HEATHER HESSLINK - DIRECTOR OF | |||||||
| OPERATIONS | 40.00 | $141,362 | $0 | $5,133 | Yes (X) | ||
| LAVERNE BAILEY - DIRECTOR OF | |||||||
| HUMAN RESOUR | 40.00 | $130,589 | $0 | $13,573 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,350,511 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $136,185 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TOP SPANISH CATERING | |||||
| 3541 GEORGIA AVE NW | WASHINGTON | DC | 20010 | VENDED FOOD | $416,511 |
| BRADCORP SERVICES INC | |||||
| 2502 51ST AVE | HYATTSVILLE | MD | 20781 | JANITORIAL | $301,973 |
| DC PUBLIC CHARTER SCHOOL BOARD | |||||
| 3333 14TH STREET NW 210 | WASHINGTON | DC | 20010 | AUTHORIZER FEE | $146,271 |
| KENDALL PREBOLA AND JONES | |||||
| 133 MANN STREET PO BOX 259 | BEDFORD | PA | 15522 | ACCOUNTING | $137,799 |
| ED OPS | |||||
| 1611 CONNECTICUT AVE NW STE 200 | WASHINGTON | DC | 20009 | ACCOUNTING | $109,086 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $7,045 | RelatedOrganizationsAmt |
| Government Grants | $3,697,189 | GovernmentGrantsAmt |
| All Other Contributions | $24,686 | AllOtherContributionsAmt |
| Total Contributions | $3,728,920 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION - PER PUPIL FUNDING | 611710 | $13,063,709 | $13,063,709 |
| TUITION - FACILITIES | 611710 | $2,062,131 | $2,062,131 |
| BEFORE AND AFTER CARE FEES | 611710 | $66,663 | $66,663 |
| LUNCH FEES | 611710 | $60,194 | $60,194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $15,252,697 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $245,083 | TotalRevenueColumnAmt |
| Exclusion | $245,083 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $4,661 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,661 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,661 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,231,361 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,257,358 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $245,083 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $668,289 | TotalAmt |
| Program Services | $411,794 | ProgramServicesAmt |
| Management And General | $256,495 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,962,903 | TotalAmt |
| Program Services | $8,091,557 | ProgramServicesAmt |
| Management And General | $819,178 | ManagementAndGeneralAmt |
| Fundraising | $52,168 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,713 | TotalAmt |
| Program Services | $127,561 | ProgramServicesAmt |
| Management And General | $11,310 | ManagementAndGeneralAmt |
| Fundraising | $842 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $687,889 | TotalAmt |
| Program Services | $619,167 | ProgramServicesAmt |
| Management And General | $64,799 | ManagementAndGeneralAmt |
| Fundraising | $3,923 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $763,977 | TotalAmt |
| Program Services | $675,685 | ProgramServicesAmt |
| Management And General | $84,133 | ManagementAndGeneralAmt |
| Fundraising | $4,159 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,284 | TotalAmt |
| Program Services | $15,084 | ProgramServicesAmt |
| Management And General | $11,200 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,037 | TotalAmt |
| Management And General | $312,037 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $437,149 | TotalAmt |
| Program Services | $388,593 | ProgramServicesAmt |
| Management And General | $44,902 | ManagementAndGeneralAmt |
| Fundraising | $3,654 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,641 | TotalAmt |
| Program Services | $224,272 | ProgramServicesAmt |
| Management And General | $21,829 | ManagementAndGeneralAmt |
| Fundraising | $540 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,377 | TotalAmt |
| Program Services | $142,506 | ProgramServicesAmt |
| Management And General | $13,871 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,846,895 | TotalAmt |
| Program Services | $1,677,287 | ProgramServicesAmt |
| Management And General | $163,257 | ManagementAndGeneralAmt |
| Fundraising | $6,351 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,931 | TotalAmt |
| Program Services | $33,655 | ProgramServicesAmt |
| Management And General | $3,276 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,074 | TotalAmt |
| Program Services | $312,134 | ProgramServicesAmt |
| Management And General | $30,381 | ManagementAndGeneralAmt |
| Fundraising | $559 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,521 | TotalAmt |
| Management And General | $47,521 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $387,374 | $387,374 | ||
| STAFF DEVELOPMENT | $152,912 | $138,355 | $14,204 | $353 |
| AUTHORIZER FEE | $151,943 | $138,466 | $13,477 | |
| TEXTBOOKS | $141,662 | $141,662 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,623 | TotalAmt |
| Program Services | $261,740 | ProgramServicesAmt |
| Management And General | $32,616 | ManagementAndGeneralAmt |
| Fundraising | $267 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,804,194 | TotalAmt |
| Program Services | $13,786,892 | ProgramServicesAmt |
| Management And General | $1,944,486 | ManagementAndGeneralAmt |
| Fundraising | $72,816 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,494,368 | BOYAmt |
| EOY | $5,443,306 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $368,684 | BOYAmt |
| EOY | $364,981 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,885 | BOYAmt |
| EOY | $2,930,395 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,528 | BOYAmt |
| EOY | $143,567 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,092,940 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,042,304 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,192,437 | BOYAmt |
| EOY | $4,050,636 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,811 | BOYAmt |
| EOY | $16,425 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,690,643 | BOYAmt |
| EOY | $33,278,565 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,022,356 | BOYAmt |
| EOY | $46,227,875 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,024,361 | BOYAmt |
| EOY | $1,156,381 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,871,190 | BOYAmt |
| EOY | $1,816,824 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,586,429 | BOYAmt |
| EOY | $37,826,558 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,481,980 | BOYAmt |
| EOY | $40,799,763 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,515,342 | BOYAmt |
| EOY | $5,403,823 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,034 | BOYAmt |
| EOY | $24,289 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,540,376 | BOYAmt |
| EOY | $5,428,112 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,022,356 | BOYAmt |
| EOY | $46,227,875 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,427,167 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $460,569 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,750,067 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,172,652 | DepreciationAmt |
| Book Value | $3,577,415 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,342,873 | OtherCostOrOtherBasisAmt |
| Depreciation | $869,652 | DepreciationAmt |
| Book Value | $473,221 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,050,636 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OPERATING LEASE RIGHT OF USE | $33,129,252 |
| FINANCING LEASE RIGHT OF USE | $127,651 |
| DEPOSITS | $21,662 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $33,278,565 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE OBLIGATION | $37,691,658 |
| FINANCING LEASE OBLIGATION | $134,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $37,826,558 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,231,361 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $19,231,361 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $19,231,361 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $15,804,194 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $15,804,194 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $15,804,194 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2023, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2019 THROUGH 2021 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. IT IS THE CHARTER SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2023, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE D.C. GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS. THE NON-DISCRIMATORY POLICY IS EXPLICITLY STATED IN THE REGISTRATION APPLICATION AND OUR BROCHURE. |
| SCHEDULE E, LINE 6 | THE CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOL RECEIVES PUBLIC FUNDS FROM THE DC GOVERNMENT BASED ON THE NUMBER OF STUDENTS THEY ENROLL ACCORDING TO THE UNIFORM PER STUDENT FUNDING FORMULA DEVELOPED BY THE MAYOR AND CITY COUNCIL. THIS PER PUPIL ALLOCATION IS SUPPLEMENTED WITH EXTRA FUNDS FOR STUDENTS WITH SPECIAL NEEDS. THE CHARTER SCHOOL ALSO RECEIVES GOVERNMENTAL ASSISTANCE IN THE FORM OF YEARLY GOVERNMENTAL GRANTS. MOST FUNDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION PASSED THROUGH THE OFFICE OF THE STATE SUPERINTENDENT OF EDUCATION IN THE DISTRICT OF COLUMBIA. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| CHARLES JACKSON | |||||
| EXECUTIVE DIRECTOR | $223,876 | $13,012 | $2,681 | $19,176 | $258,745 |
| CRAIG BEDNAROVSKY - CHIEF OPERATION | |||||
| OFFICER | $182,806 | $5,507 | $4,664 | $18,956 | $211,933 |
| NAYAMKA LONG-DEPUTY DIRECTOR CHIEF | |||||
| ACADEMIC OFFICER | $177,723 | $5,521 | $4,183 | $11,952 | $199,379 |
| LORNA DILL - MIDDLE | |||||
| SCHOOL DIRECTOR | $155,199 | $10,514 | $5,118 | $16,558 | $187,389 |
| EMMANUEL TAIWO - DIRECTOR | |||||
| OF INCLUSION | $151,404 | $8,510 | $4,789 | $6,086 | $170,789 |
| TSISI SITHOLE | |||||
| ECE DIRECTOR | $138,898 | $5,590 | $4,440 | $18,876 | $167,804 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PAGE 1, PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | PERFORMANCE BONUSES WERE ISSUED | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | INCLUDED IN THE TOTAL NUMBER OF VOLUNTEERS ARE 16 BOARD MEMBERS |
| FORM 990, PAGE 2, PART III, LINE 4A | ESTABLISHED IN 2012, CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOL STRIKES A UNIQUE BALANCE IN EDUCATION BY TAKING A GLOBAL APPROACH TO LEARNING WHILE ALWAYS MAINTAINING FOCUS AND ATTENTION ON THE DEVELOPMENT OF THE INDIVIDUAL STUDENT. CREATIVE MINDS ENCOURAGES AND RESPECTS INDIVIDUALITY. OUR TEACHING AND ADMINISTRATION STAFF SUPPORT OUR STUDENTS TO BUILD ON THEIR STRENGTHS AND TALENTS. THROUGH THE LENS OF OUR INTERNATIONAL CURRICULUM, OUR STUDENTS IN PRESCHOOL THROUGH 8TH GRADE GAIN AN UNDERSTANDING OF, AND AN APPRECIATION AND RESPECT FOR, DIFFERENCES OF ALL KINDS, MAKING THEM CONFIDENT, CULTURALLY AWARE INDIVIDUALS CAPABLE OF SUCCEEDING IN A DIVERSE AND GLOBAL SOCIETY. CREATIVE MINDS IS THE ONLY PUBLIC SCHOOL IN THE DISTRICT OF COLUMBIA IMPLEMENTING A CONTINUOUS INTERNATIONAL CURRICULUM FROM PRESCHOOL THROUGH MIDDLE SCHOOL. IN 2017, CREATIVE MINDS BECAME THE FIRST SCHOOL IN THE UNITED STATES TO ACHIEVE ACCREDITATION IN THE INTERNATIONAL PRIMARY CURRICULUM (IPC) AND BEGAN USING THE INTERNATIONAL MIDDLE YEARS CURRICULUM (IMYC). INTERNATIONAL EARLY YEARS CURRICULUM (IPC) IN KINDERGARTEN THROUGH FOURTH GRADE, THE INTERNATIONAL PRIMARY CURRICULUM PROVIDES A RIGOROUS, THEMATIC TEACHING STRUCTURE DESIGNED TO ENGAGE CHILDREN OF ALL ABILITIES IN BEING CREATIVE THINKERS AND PROBLEM-SOLVERS IN A GLOBALIZED WORLD. INSTRUCTIONAL UNITS COMBINE CORE ACADEMIC SUBJECTS, SCIENCE, SOCIAL STUDIES, AND THE ARTS. THE CURRICULUM IS DESIGNED SO THAT STUDENTS DO THE FOLLOWING: ACQUIRE THE ESSENTIAL KNOWLEDGE, SKILLS, AND UNDERSTANDING OF A BROAD RANGE OF SUBJECTS. ENGAGE WITH THEIR LEARNING THROUGH POSITIVE EXPERIENCES, SO THEY REMAIN COMMITTED TO LEARNING THROUGHOUT THEIR LIVES. DEVELOP THE PERSONAL QUALITIES THEY NEED TO BE GOOD, CONTRIBUTING CITIZENS. DEVELOP A SENSE OF THEIR NATIONALITY AND CULTURE, AND AT THE SAME TIME, DEVELOP RESPECT FOR THE NATIONALITIES AND CULTURES OF OTHERS. INTERNATIONAL MIDDLE YEARS CURRICULUM (IMYC) THE IMYC PROCESS OF LEARNING CREATES OPPORTUNITIES TO CONNECT LEARNING AND DEVELOP A PERSONAL PERSPECTIVE, WORK WITH PEERS, TAKE RISKS IN A SAFE ENVIRONMENT, AND BECOME CONFIDENT, INDEPENDENT, AND ENGAGED LEARNERS. LEARNING WITH THE IMYC FOLLOWS SIX-WEEK UNITS BASED ON A CONCEPTUAL IDEA OR THEME CALLED THE "BIG IDEA." STUDENTS LINK THE LEARNING IN THEIR DIFFERENT SUBJECTS THROUGH THIS BIG IDEA AND ANALYZE WHAT THEY ARE LEARNING FROM PERSONAL, INTERPERSONAL, AND GLOBAL PERSPECTIVES. ALL CREATIVE MINDS STUDENTS IN KINDERGARTEN THROUGH EIGHTH-GRADE STUDY COMMON CORE STANDARDS-BASED ENGLISH LANGUAGE ARTS AND MATHEMATICS. IN ADDITION TO ARTS INTEGRATION IN OUR ACADEMIC SUBJECTS THROUGH IPC AND IMYC, WE PROVIDE OUR STUDENTS WITH MUSIC, MOVEMENT, AND VISUAL ARTS DURING THE SCHOOL DAY. GLOBAL LANGUAGE CLASSES IN SPANISH AND MANDARIN ARE PROVIDED TO ALL STUDENTS UP TO FOURTH GRADE; FIFTH THROUGH EIGHTH-GRADE STUDENTS CHOOSE ONE LANGUAGE TO WORK TOWARD PROFICIENCY IN THE CHOSEN LANGUAGE. TECHNOLOGY IS AN INTEGRATED PART OF OUR CURRICULA. THE IPC AND IMYC CLEARLY DEFINE LEARNING GOALS THAT DESCRIBE THE KNOWLEDGE, SKILLS, AND UNDERSTANDING STUDENTS SHOULD HAVE IN INFORMATION AND COMMUNICATION TECHNOLOGY. STUDENTS BUILD SKILLS IN INFORMATION AND COMMUNICATIONS TECHNOLOGY THROUGH HANDS-ON PROJECTS THAT ARE PART OF THE IPC AND IMYC. TECHNOLOGY IS USED TO COMMUNICATE, CONNECT, AND HONE CRITICAL THINKING. EXTENDED CREATIVE DAY CREATIVE MINDS BOASTS A DYNAMIC AND INCLUSIVE EXTENDED CREATIVE DAY PROGRAM THAT INCLUDES A WIDE ARRAY OF CLUBS, SPORTS, AND OTHER ACTIVITIES. THE OBJECTIVE OF THE PROGRAMMING IS TO OFFER ENRICHING, DISCOVERY-BASED ACTIVITIES THAT COMPLEMENT AND SUPPORT THE SCHOOL'S MISSION AND ALLOW STUDENTS TO PURSUE THEIR TALENTS AND INTERESTS. EXAMPLES OF CLUBS THAT HAVE BEEN OFFERED INCLUDE GIRLS WHO CODE, STUDENT GOVERNMENT, BASKETBALL, STEP DANCE, DEBATE, AND A RUNNING CLUB. AT CREATIVE MINDS, WE KNOW THAT FOR OUR STUDENTS TO BE READY TO PARTICIPATE IN A GLOBAL SOCIETY, THEY REQUIRE MORE THAN ACADEMIC SKILLS. THEY NEED STRONG SOCIAL AND EMOTIONAL INTELLIGENCE TO NAVIGATE AN INCREASINGLY DIVERSE, GLOBAL SOCIETY. PERSONAL GOALS CREATIVE MINDS TEACHES AND EXPLORES THE PERSONAL GOALS AND DISPOSITIONS EMPHASIZED IN THE IEYC, IPC, AND IMYC. WE THOUGHTFULLY CREATE DEVELOPMENTALLY APPROPRIATE OPPORTUNITIES FOR OUR STUDENTS TO PRACTICE THE FOLLOWING SEVEN TRAITS THROUGHOUT THE SCHOOL DAY AND YEAR. ADAPTABILITY: WE ARE OKAY WITH CHANGE. WE CAN CHANGE OUR ACTIONS OR ATTITUDE TO FIT NEW SITUATIONS. COMMUNICATIONS: WE SHARE OUR IDEAS AND LET OTHERS SHARE THEIRS. WE CAN EXPRESS OURSELVES IN A VARIETY OF WAYS WITH DIFFERENT TYPES OF PEOPLE. COOPERATION: WE WORK TOGETHER AND SUPPORT ONE ANOTHER TO ACHIEVE A GOAL. WE UNDERSTAND THAT EVERYONE CAN CONTRIBUTE SOMETHING DIFFERENT WHEN WORKING TOGETHER. INQUIRY: WE ASK QUESTIONS TO LEARN NEW THINGS. WE PLAN INVESTIGATIONS TO SEEK TRUTH AND BETTER UNDERSTAND IMPORTANT ISSUES. INTEGRITY: WE ARE HONEST, AND WE HELP OTHERS. WE HAVE STRONG MORAL PRINCIPLES, AND WE ACT ON THEM TO IMPROVE THE LIVES OF OTHERS. RESILIENCE: WE TRY AGAIN, EVEN WHEN IT IS HARD. WE HANDLE DISAPPOINTMENTS WITH MATURITY AND CONTINUE TO WORK TOWARD OUR GOALS DESPITE SETBACKS. RESPECT: WE TREAT OTHERS THE WAY WE WANT TO BE TREATED. WE LEARN ABOUT AND ACCEPT ONE ANOTHER'S DIFFERENCES WITH KINDNESS. THOUGHTFULNESS: WE THINK ABOUT WHAT WE HAVE LEARNED AND HOW IT AFFECTS OURSELVES AND OTHERS. WE REFLECT ON OUR STRENGTHS AND WEAKNESSES TO IDENTIFY WAYS TO BETTER OURSELVES. INCLUSIVE EDUCATION CREATIVE MINDS EMPOWERS ALL STUDENTS TO THRIVE ACADEMICALLY, SOCIALLY, AND EMOTIONALLY BY FOSTERING A NURTURING AND INCLUSIVE LEARNING ENVIRONMENT. WITH A COMMITMENT TO THE INCLUSION OF STUDENTS WITH SPECIAL NEEDS AND THOSE LEARNING ENGLISH AS A SECOND LANGUAGE, OUR SCHOOL IMPLEMENTS A CONTINUUM OF SERVICES TO SUPPORT THEIR DIVERSE LEARNING NEEDS. WE ADHERE TO THE PRINCIPLE OF THE LEAST RESTRICTIVE ENVIRONMENT (LRE), PROVIDING STUDENTS WITH DISABILITIES AND EMERGENT MULTILINGUAL LEARNERS OPPORTUNITIES TO LEARN ALONGSIDE THEIR PEERS IN GENERAL EDUCATION CLASSROOMS TO THE MAXIMUM EXTENT APPROPRIATE. OUR EDUCATORS, SERVICE PROVIDERS, AND SUPPORT STAFF UTILIZE EVIDENCE-BASED PRACTICES, STRATEGIES, AND INTERVENTIONS THAT HAVE SHOWN POSITIVE RESULTS, ENABLING THE STUDENTS TO FULLY PARTICIPATE AND THRIVE WITHIN THE EDUCATIONAL ENVIRONMENT ALONGSIDE THEIR PEERS. FAMILY INVOLVEMENT CREATIVE MINDS COUNTS ON OUR FAMILIES' SUPPORT AND ENGAGEMENT TO SUSTAIN OUR SCHOOL'S VIBRANT COMMUNITY LIFE. WE PRIORITIZE MEANINGFUL OPPORTUNITIES FOR FAMILY ENGAGEMENT BECAUSE WE UNDERSTAND THAT ACTIVE FAMILIAL INVOLVEMENT IMPROVES STUDENTS' ACADEMIC PERFORMANCE AND CONTRIBUTES TO A POSITIVE SCHOOL CLIMATE. AT CREATIVE MINDS, FAMILY PARTICIPATION IS CENTRAL TO ACADEMIC LEARNING. WE PROMOTE SHARED LEARNING AND THOUGHTFUL EXCHANGE THROUGH PROGRAMS SUCH AS LITERACY NIGHT AND MATH NIGHT. WE OFFER OPPORTUNITIES FOR PARENTS TO LEARN HOW BEST TO SUPPORT THEIR CHILD(REN) THROUGH WORKSHOPS ON HOW TO READ AND UNDERSTAND ASSESSMENT DATA. PARTICIPATION AT OUR SCHOOL IS PERSONAL, MEANINGFUL, AND ACTIVE. EACH MONTH CREATIVE MINDS HOSTS A SCHOOL ASSEMBLY WE CALL "COMMUNITY MEETING." AS PART OF THESE EVENTS, WE INVITE FAMILIES TO JOIN THEIR CHILDREN IN PRESENTING THEIR CULTURAL HERITAGE. THIS IS AN OPPORTUNITY TO MAKE FAMILIES CENTRAL TO OUR CORE COMMUNITY-BUILDING ACTIVITIES. FAMILIES CAN ATTEND AND SUPPORT IN PLANNING AND PRESENTING DURING THESE COMMUNITY MEETINGS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE BOARD WAS PROVIDED WITH DRAFT VERSION OF THE FORM 990 FOR THEIR REVIEW AND APPROVAL PRIOR TO ITS FINAL SUBMISSION. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ALL DIRECTORS AND SCHOOL LEADERS RECEIVED, REVIEWED, AND SIGNED A CONFLICT OF INTEREST FORM STATING THAT THEY WILL COMPLY WITH THE RULES SET FORTH IN THE BOARD AGREEMENT PERTAINING TO COMMUNICATION AND DISCLOSING INFORMATION THAT MAY CAUSE CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD OF TRUSTEES PERFORMS A THOROUGH PERFOMANCE EVALUATION USING DATA FROM A THIRD PARTY SALARY SURVEY/ANALYSIS CONTAINING SALARY INFORMATION ON PEER EXECUTIVE DIRECTOR SALARIES FROM THE DC CHARTER SECTOR. BASED UPON THIS INFORMATION, THE BOARD SETS PERFORMANCE GOALS AND COMPENSATION LEVELS FOR THE EXECUTIVE DIRECTOR, OTHER OFFICERS, AND ANY OTHER SCHOOL LEADERSHIP STAFF. THIS COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR AND OTHER OFFICERS WAS LAST PERFORMED IN AUGUST 2022. |
| FORM 990, PAGE 6, PART VI, LINE 19 | CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | ON JULY 1, 2020, THE CREATIVE MINDS INTERNATIONAL PUBLIC CHARTER SCHOOL EARLY ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS UPDATE ("ASU") NO. 2016-02, LEASES (TOPIC 842), AS AMENDED. THE OBJECTIVE OF THIS ASU IS TO INCREASE TRANSPARENCY AND COMPARABILITY IN FINANCIAL REPORTING BY REQUIRING BALANCE SHEET RECOGNITION OF LEASES AND NOTE DISCLOSURE OF CERTAIN INFORMATION ABOUT LEASE ARRANGEMENTS. THE ASSET THAT IS RECOGNIZED IS TERMED A RIGHT-OF-USE (ROU) ASSET, AND THE CORRESPONDING LIABILITY REPRESENTS THE FUTURE LEASE PAYMENTS. AT THE TIME THIS STANDARD WAS ADOPTED, THE CHARTER SCHOOL ELECTED TO MEASURE ITS LEASE LIABILITY BASED ON THE PRESENT VALUE OF ITS FUTURE LEASE PAYMENTS, USING A RISK-FREE INTEREST RATE. FOR LEASES IN EXISTENCE AT THE TIME OF STANDARD ADOPTION, THIS RATE IS DETERMINED BY USING THE RATE AT THE DATE OF ADOPTION, OR IN THE CASE OF NEW LEASES, AT THE DATE OF COMMENCEMENT. WHEN DETERMINING THE AMOUNT OF LEASE LIABILITY, FUTURE LEASE INCENTIVES TO BE RECEIVED (I.E., RENT CREDITS) MUST BE CLASSIFIED AS EITHER A FIXED OR VARIABLE LEASE COST. FIXED CREDITS OVER THE TERM OF THE LOAN ARE INCLUDED IN THE PRESENT VALUE LIABILITY DETERMINATION, WHEREAS VARIABLE COSTS ARE EXPENSED WITHIN THE YEAR OF OPERATION AS A PERIOD COST. BASED ON THE REQUIREMENTS DESCRIBED ABOVE, THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2022, WERE RESTATED FOR THE FOLLOWING CORRECTIONS: 1)AT THE TIME THE LEASE STANDARD WAS ADOPTED ON JULY 1, 2020, THE ORIGINAL LEASE COMPONENT HAD A REMAINING TERM OF 25 YEARS, HOWEVER THE CHARTER SCHOOL USED THE 20-YEAR RISK FREE RATE AS PUBLISHED BY THE U.S. TREASURY. THIS COMPONENT WAS CORRECTED WITHIN THESE FINANCIAL STATEMENTS TO UTILIZE THE 25-YEAR RISK FREE RATE ON JULY 1, 2020. 2)A SECOND LEASE CONTRACT WAS ENTERED INTO WITH AN EFFECTIVE DATE OF MARCH 1, 2021. THE RISK-FREE RATE UTILIZED AT THE TIME OF LIABILITY CALCULATION WAS NOT BASED ON THE 25-YEAR RISK FREE RATE ON MARCH 1, 2021. THIS COMPONENT WAS CORRECTED WITHIN THESE FINANCIAL STATEMENTS TO UTILIZE THE 25-YEAR RISK FREE RATE ON MARCH 1, 2021. 3)THE RENTAL INCENTIVES REPRESENTING A REDUCTION IN MONTHLY RENTAL PAYMENTS RECEIVED BY THE CHARTER SCHOOL DURING THE YEARS JUNE 30, 2021, AND JUNE 30, 2022 WERE INCLUDED IN THE LIABILITY LEASE CALCULATIONS AS A FIXED COST. BECAUSE THE CHARTER SCHOOL IS UNABLE TO DETERMINE THE AMOUNT OF LEASE INCENTIVES TO BE RECEIVED OVER THE LEASE TERM OF 25-YEARS, THESE INCENTIVES WERE REMOVED FROM THE LIABILITY CALCULATIONS AND WERE CLASSIFIED AS A VARIABLE COST. AS A RESULT OF THESE CORRECTIONS, THE RIGHT-OF-USE ASSET WAS INCREASED BY 4,888,212 AND THE LEASE LIABILITY WAS INCREASED BY 4,427,643 AS OF JUNE 30, 2022. IN ADDITION, NET ASSETS WERE INCREASED BY 412,085 DURING THE YEAR ENDED JUNE 30, 2022, AND NET ASSETS WERE INCREASED BY 48,484 DURING THE YEAR ENDED JUNE 30, 2021. THIS REPRESENTS A RESTATEMENT OF NET ASSETS BY A TOTAL AMOUNT 460,569 AS REFLECTED IN THE FINANCIAL STATEMENTS AT JUNE 30, 2022. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATIVE FAMILIES ASSOCIATION LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3700 NORTH CAPITAL STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 821090880 | EIN |
| Primary Activities | SCHOOL | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Exempt Code Section | 501C 3 | ExemptCodeSectionTxt |
| Public Charity Status | 12D | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CREATIVE FAMILIES ASSOCIATION LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $7,045 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |
Comments