PERRY STREET PREPARATORY PUBLIC CHARTER SCHOOL: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
PERRY STREET PREPARATORY PUBLIC CHARTER SCHOOL (EIN 52-2174617)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-02-16
IRS object ID
202110479349301001
Schema version
2019v5.2
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

FieldValueIRS element (for citing)
Return2021-02-16T08:11:10-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521853933PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JONES MARESCA & MCQUADE PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11730 RHODE ISLAND AVE NW SUITE 800AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522174617EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PERRY STREET PREPARATORY PUBLICBusinessNameLine1Txt
Business Name Line2CHARTER SCHOOLBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPERRBusinessNameControlTxt
Phone2025294400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 PERRY STREET NEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20018ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKELLY SMITHPersonNm
Person TitleDIR. OF OPERATIONSPersonTitleTxt
Phone2025294400PhoneNum
Signature2021-02-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEENA BISHNOIPreparerPersonNm
PTINP01480769PTIN
Phone2022963306PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKELLY SMITHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 PERRY STREET NEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20018ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,490,565GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PSPDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO DEVELOP SOCIALLY RESPONSIBLE LEADERS WHILE TRANSFORMING PUBLIC EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee80TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,228,428PYContributionsGrantsAmt
CY Contributions Grants$1,682,720CYContributionsGrantsAmt
PY Program Service Revenue$7,412,358PYProgramServiceRevenueAmt
CY Program Service Revenue$8,457,387CYProgramServiceRevenueAmt
PY Investment Income$99,413PYInvestmentIncomeAmt
CY Investment Income$75,061CYInvestmentIncomeAmt
PY Other Revenue-$111,920PYOtherRevenueAmt
CY Other Revenue-$16,196CYOtherRevenueAmt
PY Total Revenue$8,628,279PYTotalRevenueAmt
CY Total Revenue$10,198,972CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,444,370PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,658,866CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$13,700CYTotalFundraisingExpenseAmt
PY Other Expenses$4,983,527PYOtherExpensesAmt
CY Other Expenses$4,721,669CYOtherExpensesAmt
PY Total Expenses$8,427,897PYTotalExpensesAmt
CY Total Expenses$9,380,535CYTotalExpensesAmt
PY Revenues Less Expenses$200,382PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$818,437CYRevenuesLessExpensesAmt
Total Assets BOY$23,087,047TotalAssetsBOYAmt
Total Assets EOY$24,644,957TotalAssetsEOYAmt
Total Liabilities BOY$15,616,109TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,354,210TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,470,938NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,290,747NetAssetsOrFundBalancesEOYAmt
MissionTO DEVELOP SOCIALLY RESPONSIBLE LEADERS WHILE TRANSFORMING PUBLIC EDUCATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,494,214ExpenseAmt
Revenue$8,457,387RevenueAmt
DescTHE SCHOOL'S CHARTER PROVIDES FOR ENROLLMENT OF UP TO 850 STUDENTS IN PRE-KINDERGARTEN (3 YEARS OLD) THROUGH 8TH GRADE.Desc
Total Program Service Expenses$8,494,214TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document28IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee80EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KELLY SMITHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2025294400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11800 PERRY STREET NEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20018ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CYNTHIA BROWN
PRESIDENT4.00Yes (X)Yes (X)$0$0$0
CONSUELO GRIER
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
HAROLD BARDONILLE
TREASURER4.00Yes (X)Yes (X)$0$0$0
VINETTE E BROWN
SECRETARY4.00Yes (X)Yes (X)$0$0$0
DARWIN K BAGLEY
BOARD MEMBER2.00Yes (X)$0$0$0
MARTINIQUE FREE
BOARD MEMBER2.00Yes (X)$0$0$0
KATHERINE NOONAN
BOARD MEMBER2.00Yes (X)$0$0$0
CATHERINE RANDALL
BOARD MEMBER2.00Yes (X)$0$0$0
BRUCE NEWBY
BOARD MEMBER AS OF OCTOBER2.00Yes (X)$0$0$0
RACHEL CROUCH
PRINCIPAL40.00Yes (X)$131,030$0$6,132
KELLY SMITH
DIRECTOR OF OPERATIONS40.00Yes (X)$124,481$0$11,000
FieldValueIRS element (for citing)
Total Reportable Comp From Org$255,511TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$17,132TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
APPLETREE INSTITUTE FOR EDUCATION INNOVA
1801 MISSISSIPPI AVE SE 3RD FLOORWASHINGTONDC20020PRESCHOOL INSTRUCTION$1,396,956
TENSQUARE LLC
818 CONNECTICUT AVENUE NW SUITE 1WASHINGTONDC20006SCHOOL IMPROVEMENT SERVICES$483,556
LUNCHERAS DI SI LLC
1717 N ST NW STE 1WASHINGTONDC20036FOOD SERVICES$169,047
STERLING SPEECH ASSOCIATES LLC
4402 1ST PLACE NE 33WASHINGTONDC20011SPEECH THERAPY$114,075
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$1,674,653GovernmentGrantsAmt
All Other Contributions$8,067AllOtherContributionsAmt
Noncash Contributions$7,724NoncashContributionsAmt
Total Contributions$1,682,720TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PER PUPIL APPROPRIATIONS611710$7,110,338$7,110,338
PER PUPIL FACILITY ALLOWANCE611710$1,340,670$1,340,670
ACTIVITY FEE900099$6,379$6,379
FieldValueIRS element (for citing)
Total Program Service Revenue$8,457,387TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$75,061TotalRevenueColumnAmt
Exclusion$75,061ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$270,720RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$291,593RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$20,873RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$20,873TotalRevenueColumnAmt
Exclusion-$20,873ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
MISC. REFUNDS900099$4,382$4,382
REBATES900099$295$295
FieldValueIRS element (for citing)
Other Revenue Total$4,677OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,198,972TotalRevenueColumnAmt
Related Or Exempt Func Income$8,457,387RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$58,865ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$276,240TotalAmt
Program Services$245,930ProgramServicesAmt
Management And General$29,862ManagementAndGeneralAmt
Fundraising$448FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,586,665TotalAmt
Program Services$3,192,088ProgramServicesAmt
Management And General$388,773ManagementAndGeneralAmt
Fundraising$5,804FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$19,841TotalAmt
Program Services$17,749ProgramServicesAmt
Management And General$2,058ManagementAndGeneralAmt
Fundraising$34FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$414,210TotalAmt
Program Services$370,534ProgramServicesAmt
Management And General$42,971ManagementAndGeneralAmt
Fundraising$705FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$361,910TotalAmt
Program Services$323,748ProgramServicesAmt
Management And General$37,546ManagementAndGeneralAmt
Fundraising$616FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,381,384TotalAmt
Program Services$1,235,724ProgramServicesAmt
Management And General$143,310ManagementAndGeneralAmt
Fundraising$2,350FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,886TotalAmt
Management And General$7,886ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$219,404TotalAmt
Program Services$203,324ProgramServicesAmt
Management And General$15,693ManagementAndGeneralAmt
Fundraising$387FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$86,664TotalAmt
Program Services$75,052ProgramServicesAmt
Management And General$11,424ManagementAndGeneralAmt
Fundraising$188FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$40,417TotalAmt
Program Services$36,155ProgramServicesAmt
Management And General$4,193ManagementAndGeneralAmt
Fundraising$69FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$794,160TotalAmt
Program Services$710,419ProgramServicesAmt
Management And General$82,389ManagementAndGeneralAmt
Fundraising$1,352FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$89,728TotalAmt
Program Services$80,266ProgramServicesAmt
Management And General$9,309ManagementAndGeneralAmt
Fundraising$153FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$799,767TotalAmt
Program Services$715,436ProgramServicesAmt
Management And General$82,970ManagementAndGeneralAmt
Fundraising$1,361FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$91,774TotalAmt
Program Services$82,097ProgramServicesAmt
Management And General$9,521ManagementAndGeneralAmt
Fundraising$156FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DIRECT STUDENT EXPENSES$1,145,166$1,145,166
STAFF DEVELOPMENT$45,399$40,611$4,711$77
BAD DEBT$19,855$19,855
OTHER MISC. EXPENSES$65$60$5

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,380,535TotalAmt
Program Services$8,494,214ProgramServicesAmt
Management And General$872,621ManagementAndGeneralAmt
Fundraising$13,700FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,710,379BOYAmt
EOY$2,312,881EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,842,958BOYAmt
EOY$9,721,713EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$372,665BOYAmt
EOY$238,405EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$150,430BOYAmt
EOY$95,366EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$62,402BOYAmt
EOY$87,686EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$18,913,988LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,236,053LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,318,672BOYAmt
EOY$11,677,935EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$378,103BOYAmt
EOY$383,963EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$251,438BOYAmt
EOY$127,008EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,087,047BOYAmt
EOY$24,644,957EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$538,309BOYAmt
EOY$716,894EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,719,059BOYAmt
EOY$11,787,232EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,358,741BOYAmt
EOY$3,850,084EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,616,109BOYAmt
EOY$16,354,210EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,275,983BOYAmt
EOY$8,123,642EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$194,955BOYAmt
EOY$167,105EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,470,938BOYAmt
EOY$8,290,747EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,087,047BOYAmt
EOY$24,644,957EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$818,437ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,372NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,056,336OtherCostOrOtherBasisAmt
Depreciation$6,567,565DepreciationAmt
Book Value$11,488,771BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$195,849OtherCostOrOtherBasisAmt
Depreciation$76,878DepreciationAmt
Book Value$118,971BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$661,803OtherCostOrOtherBasisAmt
Depreciation$591,610DepreciationAmt
Book Value$70,193BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,677,935TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED RENT$3,492,584
DEPOSITS PAYABLE$157,500
PPP LOAN PAYABLE$200,000
FieldValueIRS element (for citing)
Total Liability$3,850,084TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$10,510,723TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,372NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$18,786DonatedServicesAndUseFcltsAmt
Other Revenue$291,593OtherRevenueAmt
Revenue Not Reported$311,751RevenueNotReportedAmt
Revenue Subtotal$10,198,972RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,198,972TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,690,914TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$18,786DonatedServicesUseFcltsAmt
Other Expenses Included$291,593OtherExpensesIncludedAmt
Expenses Not Reported$310,379ExpensesNotReportedAmt
Expenses Subtotal$9,380,535ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,380,535TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE SCHOOL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ALL TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS WHICH ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:DIRECT RENTAL EXPENSES 291,593.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT RENTAL EXPENSES 291,593.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc0PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol0MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc75500ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT REVENUE PROCEDURE 75-50 DOES NOT APPLY TO PUBLIC CHARTER SCHOOLS.
SCHEDULE E, PART I, LINE 4REVENUE PROCEDURE 75 - 50 DOES NOT APPLY TO PUBLIC CHARTER SCHOOLS.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES GOVERNMENT FINANCIAL ASSISTANCE FROM THE DISTRICT OF COLUMBIA, FEDERAL DEPARTMENT OF AGRICULTURE SCHOOL LUNCH PROGRAM, AND FEDERAL CONGRESSIONAL APPROPRIATIONS.
SCHEDULE E, PART I, LINE 7THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT REVENUE PROCEDURE 75-50 DOES NOT APPLY TO PUBLIC CHARTER SCHOOLS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1DISTRICT OF COLUMBIA REVENUE BONDSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN536001131BondIssuerEIN
Bond Issued2010-05-13BondIssuedDt
Issue Price$12,625,000IssuePriceAmt
PurposeFACILITY RENOVATIONPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$12,625,000TotalProceedsAmt
Substantial Completion2010SubstantialCompletionYr
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To RebateYes (1)ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE DIRECTOR OF OPERATIONS, THEN BY THE FINANCE COMMITTEE AND IT IS INCLUDED IN THE BOARD PACKAGE. IT IS SIGNED BY DIRECTOR OF OPERATIONS AFTER BEING APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CTHE SCHOOL DISTRIBUTES THE POLICY TO EVERY BOARD MEMBERS AND THEY EACH ACKNOWLEDGE THAT THEY HAVE RECEIVED IT AND READ THE POLICY AND DISCLOSE IF THERE ARE ANY CONFLICTS OF INTEREST. THE SIGNED POLICIES ARE KEPT IN THE BUSINESS OFFICE. ALL EMPLOYEES SIGN A STATEMENT SAYING THAT THEY HAVE READ AND UNDERSTOOD THE CONTENTS OF THE EMPLOYEE HANDBOOK. IN THE HANDBOOK EMPLOYEES ARE ENCOURAGED TO AVOID BECOMING INVOLVED IN ACTIVITIES THAT CONFLICT WITH PERRY STREET PREP DUTIES AND RESPONSIBILITIES. REGARDLESS OF THE SOURCE OR VALUE OF ANY GIFT, CASH OR FAVOR, EMPLOYEES AND ANY MEMBERS OF THE EMPLOYEE'S FAMILY MUST DECLINE ANY GIFT OFFERED UNDER CIRCUMSTANCES INDICATING THAT ITS PURPOSE IS TO INFLUENCE THE EMPLOYEE IN THE PERFORMANCE OF HIS/HER JOB. IN ADDITION, EMPLOYEES MUST REFUSE ANY GIFTS OF NOMINAL VALUE IF THEY ARE PART OF A PATTERN OR PRACTICE WHICH, WHEN VIEWED AS A WHOLE, WOULD BE CONSIDERED LAVISH OR EXPENSIVE.
FORM 990, PART VI, SECTION B, LINE 15THE SCHOOL'S BOARD MEMBERS DETERMINE THE COMPENSATION OF THE DIRECTOR OF OPERATIONS AND THE PRINCIPAL BY RESEARCHING COMPETITIVE SALARIES VIA THE 990S OF OTHER SCHOOLS, INDEPENDENTLY GENERATED SALARY SURVEYS AND THE EVALUATION OF EMPLOYEE'S PERFORMANCE. THE COMPENSATION REVIEWS FOR ARE DONE ANNUALLY AFTER THE COMPLETION OF EMPLOYEE PERFORMANCE REVIEWS BY THE BOARD OF TRUSTEES, AND DURING THE COMPLETION OF THE ANNUAL BUDGET CYCLE. THE LAST TIME THIS WAS PERFORMED WAS IN JUNE 2020.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE ON THE SCHOOL'S WEBSITE.
FORM 990, PART XII, LINE 2C:THESE PROCESSES HAVE NOT CHANGED FROM THE PRIOR YEAR.

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