King Center Charter School
- Assets
- $9.0m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 108
- Location
- Buffalo, NY
- Founding
- 12/2000
- Data as of
- 06/2022
- EIN
- 16-1587793
Organization Overview
King Center Charter School is located in Buffalo, NY. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, King Center Charter School employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Center Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, King Center Charter School generated $7.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $7.2m during the year ending 06/2022. While expenses have increased by 7.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE KING CENTER CHARTER SCHOOL PARTNERS WITH PARENTS AND THE COMMUNITY TO EMPHASIZE POST-SECONDARY PREPARATION AND PLANNING FOR ALL OF ITS STUDENTS BEGINNING AT THE EARLIEST AGES. THE SCHOOL SEEKS TO CREATE A CARING, STUDENT-CENTERED CULTURE OF HIGH EXPECTATIONS FOR PERSONAL AND ACADEMIC EXCELLENCE AND ACCOUNTABILITY SUPPORTED BY EVIDENCE-BASED CURRICULUM TAUGHT AND SUPPORTED BY A DEEPLY COMMITTED AND HIGHLY QUALIFIED STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KING CENTER CHARTER SCHOOL ENROLLED 409 STUDENTS IN GRADES K-8.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamaira Coleman Executive Director | Officer | 40 | $109,823 |
Antoinette Rhodes Principal | Officer | 40 | $102,502 |
Barbara Lindaman Director Of Finance And Op | Officer | 40 | $94,119 |
Carl B Morgan Treasurer | OfficerTrustee | 1 | $0 |
Michelle A Martin Co-President | OfficerTrustee | 1 | $0 |
W Scott Saperston Co-President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,029,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,054,355 |
| Total Program Service Revenue | $5,581,955 |
| Investment income | $1,579 |
| 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 | $7,640,622 |
| 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. | $306,444 |
| Compensation of current officers, directors, key employees. | $61,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,115,169 |
| Pension plan accruals and contributions | $385,213 |
| Other employee benefits | $389,982 |
| Payroll taxes | $361,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $728 |
| Fees for services: Accounting | $1,185 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,959 |
| Advertising and promotion | $17,407 |
| Office expenses | $7,285 |
| Information technology | $320,737 |
| Royalties | $0 |
| Occupancy | $96,483 |
| Travel | $24,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,156 |
| Interest | $159 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $194,081 |
| Insurance | $109,422 |
| All other expenses | $114,395 |
| Total functional expenses | $7,242,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,160,775 |
| Savings and temporary cash investments | $997,096 |
| Pledges and grants receivable | $876,119 |
| Accounts receivable, net | $257,703 |
| 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 | $21,497 |
| Net Land, buildings, and equipment | $4,442,173 |
| Investments—publicly traded securities | $1,214,873 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,970,236 |
| Accounts payable and accrued expenses | $964,422 |
| Grants payable | $0 |
| Deferred revenue | $569 |
| 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 | $964,991 |
| Net assets without donor restrictions | $7,980,245 |
| Net assets with donor restrictions | $25,000 |
| 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 | $8,970,236 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that King Center Charter School has recieved totaling $32,836.
| Awarding Organization | Amount |
|---|---|
The Cameron And Jane Baird Foundation Buffalo, NY PURPOSE: SUPPORT FOR SCHOOL SPORTS PROGRAMS | $25,000 |
Good Sports Inc Braintree, MA PURPOSE: INCREASE ACCESSIBILITY OF YOUTH SPORTS PROGRAMS TO DISADVANTAGED YOUTH | $5,836 |
Morgan Stanley Foundation Inc New York, NY PURPOSE: VOLUNTEER INCENTIVE PROGRAM | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |
Ascend Learning Inc Brooklyn, NY | $10,949,837 | $20,246,927 |
Pike School Inc Andover, MA | $31,746,911 | $18,230,890 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
Workforce Development Corp New York, NY | $20,852,099 | $12,566,315 |
International School Of Brooklyn Brooklyn, NY | $6,521,944 | $15,095,239 |
Watershed Agricultural Council Of The New York City Watersheds Inc Walton, NY | $8,601,609 | $14,819,769 |
North Atlantic States Carpenters Labor Management Program Boston, MA | $29,841,142 | $12,688,057 |
Purpose Foundation Island Park, NY | $1,585,866 | $11,041,724 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Tikva Corp West Caldwell, NJ | $10,446,184 | $12,711,125 |