Washington Yu Ying Public Charter School
- Assets
- $27.1m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 206
- Location
- Washington, DC
- Founding
- 06/2007
- Data as of
- 06/2021
- EIN
- 20-4464054
Organization Overview
Washington Yu Ying Public Charter School is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Washington Yu Ying Public Charter School employed 206 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Yu Ying Public 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 06/2021, Washington Yu Ying Public Charter School generated $12.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $11.6m during the year ending 06/2021. While expenses have increased by 4.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A PUBLIC CHARTER SCHOOL IN A CHINESE/ENGLISH DUAL LANGUAGE IMMERSION ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WASHINGTON YU YING IS ON THE LEADING EDGE OF ELEMENTARY EDUCATION BY COMBINING A CHINESE LANGUAGE IMMERSION PROGRAM WITH THE STATE-OF-THE-ART INTERNATIONAL BACCALAUREATE CURRICULUM FRAMEWORK. TRANSLATED, YU YING MEANS "NURTURING EXCELLENCE." DURING THE YEAR ENDED JUNE 30, 2021, WASHINGTON YU YING EDUCATED 577 STUDENTS IN GRADES PRE-K3 THROUGH 5TH. WASHINGTON YU YING HAD A SUCCESSFUL ENROLLMENT PROCESS IN SPRING 2021. DEMAND FOR THIS INNOVATIVE PROGRAM RESULTED IN MORE THAN 1,280 APPLICATIONS FOR ABOUT 78 SPOTS FOR NEW FAMILIES FOR THE 2021-22 SCHOOL YEAR. WASHINGTON YU YING WELCOMED 569 STUDENTS FOR THE UPCOMING SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maquita Alexander Executive Director | Officer | 40 | $177,009 |
Cheri Harrington COO | Officer | 40 | $143,150 |
Amy Quinn Director Of Teaching And Learning | 36 | $117,776 | |
Lemar White Secretary | OfficerTrustee | 2 | $0 |
Vincent Baxter Chair | OfficerTrustee | 3 | $0 |
Kelly Yee Vice Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Metropolitan Area Communications Service Contracted Student Services | 6/29/21 | $147,819 |
Edops Financial Services | 6/29/21 | $117,353 |
Dc Public Charter School Board Authorizer Services | 6/29/21 | $103,847 |
Bolana Capitol Enterprises Inc Janitorial And Landscaping Services | 6/29/21 | $186,139 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,675 |
| Related organizations | $0 |
| Government grants | $904,251 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,292 |
| Noncash contributions included in lines 1a–1f | $9,962 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000,218 |
| Total Program Service Revenue | $10,998,521 |
| Investment income | $77,586 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,310 |
| Net Income from Fundraising Events | $8,995 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,170,772 |
| 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. | $377,668 |
| Compensation of current officers, directors, key employees. | $58,599 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,619,273 |
| Pension plan accruals and contributions | $145,088 |
| Other employee benefits | $855,330 |
| Payroll taxes | $544,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,931 |
| Fees for services: Accounting | $172,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,248 |
| Fees for services: Other | $342,924 |
| Advertising and promotion | $0 |
| Office expenses | $109,044 |
| Information technology | $62,238 |
| Royalties | $0 |
| Occupancy | $597,752 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $385,432 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $499,452 |
| Insurance | $89,962 |
| All other expenses | $19,604 |
| Total functional expenses | $11,601,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,054,462 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $270,513 |
| Accounts receivable, net | $369,672 |
| 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 | $84,435 |
| Net Land, buildings, and equipment | $14,443,685 |
| Investments—publicly traded securities | $3,857,136 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,825 |
| Total assets | $27,086,728 |
| Accounts payable and accrued expenses | $648,521 |
| Grants payable | $0 |
| Deferred revenue | $341 |
| Tax-exempt bond liabilities | $10,436,060 |
| 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 | $82,357 |
| Total liabilities | $11,167,279 |
| Net assets without donor restrictions | $15,902,090 |
| Net assets with donor restrictions | $17,359 |
| 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 | $27,086,728 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Washington Yu Ying Public Charter School has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Center For Bridging Cultures Inc Alexandria, VA PURPOSE: Cross-Cultural Chinese Language Education Grants aim to support K-12 schools to establish or enhance preexisting Chinese language teaching programs. The grants can be used for teaching materials, technology tools, assessment tests administration, extracurricular activities, teachers professional development, and cultural immersive appreciation experiences during the academic year of 2023 | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |
Washington Yu Ying Public Charter School Washington, DC | $27,086,728 | $12,170,772 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |
National Alliance For Public Charter Schools Washington, DC | $20,433,842 | $17,753,309 |
American Federation For Children Growth Fund Inc Columbia, MD | $9,265,288 | $14,325,717 |