Lehigh Valley Academy Charter School is located in Bethlehem, PA. The organization was established in 2002. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2020, Lehigh Valley Academy Charter School employed 323 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Lehigh Valley Academy Charter School generated $27.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $24.7m during the year ending 06/2020. While expenses have increased by 3.5% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LEHIGH VALLEY ACADEMY REGIONAL CHARTER SCHOOL, A FULLY AUTHORIZED, DYNAMIC K-12 IB WORLD SCHOOL, IS TO EDUCATE ALL STUDENTS THROUGH BEST LEARNING PRACTICES AND INNOVATIVE TEACHING STRATEGIES TO BE RESPONSIBLE CONTRIBUTORS IN THE COMMUNITY AND SUCCESSFUL IN A 21ST CENTURY GLOBAL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF KINDERGARTEN THROUGH GRADE 12 PUBLIC EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Mauser CEO | Officer | 40 | $121,771 |
Martin F Smith Jr President | OfficerTrustee | 5 | $0 |
Miranda Teboh-Ewungkem Trustee | OfficerTrustee | 5 | $0 |
Jennifer Kennedy Treasurer | OfficerTrustee | 5 | $0 |
Naomi Pratt Vice-Preside | OfficerTrustee | 5 | $0 |
Stephen Mcfarlane Secretary | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Perfection Building Maintenance Cleaning & Main | 6/29/15 | $149,941 |
Therapy Source Inc Therapy | 6/29/15 | $113,540 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,649,860 |
Investment income | $65,561 |
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 | $27,043,211 |
Statement of Expenses | |
---|---|
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. | $121,771 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,609,256 |
Pension plan accruals and contributions | $899,350 |
Other employee benefits | $2,503,469 |
Payroll taxes | $968,960 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,535,083 |
Advertising and promotion | $4,296 |
Office expenses | $27,120 |
Information technology | $371,310 |
Royalties | $0 |
Occupancy | $3,979,178 |
Travel | $264,902 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $7,745 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $232,658 |
Insurance | $103,833 |
All other expenses | $0 |
Total functional expenses | $24,690,910 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $193 |
Savings and temporary cash investments | $7,567,403 |
Pledges and grants receivable | $111,565 |
Accounts receivable, net | $1,342,951 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,903 |
Prepaid expenses and deferred charges | $2,434,582 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,129,063 |
Total assets | $14,993,821 |
Accounts payable and accrued expenses | $3,136,156 |
Grants payable | $0 |
Deferred revenue | $3,866,161 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $2,401,161 |
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 | $17,118,512 |
Total liabilities | $24,120,829 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | -$9,127,008 |
Over the last fiscal year, we have identified 2 grants that Lehigh Valley Academy Charter School has recieved totaling $103,310.
Awarding Organization | Amount |
---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $51,655 |
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $51,655 |
Organization Name | Assets | Revenue |
---|---|---|
The Academy Charter School Hempstead, NY | $99,731,465 | $42,238,674 |
Explore Excel Charter School Brooklyn, NY | $20,698,591 | $40,830,534 |
Public Prep Charter School Academies Bronx, NY | $21,991,196 | $44,335,689 |
Mastery Charter High School Philadelphia, PA | $33,408,997 | $46,682,982 |
Chesapeake Lighthouse Foundation Inc Laurel, MD | $95,248,368 | $41,440,883 |
Little Red School House Inc New York, NY | $48,650,617 | $35,094,264 |
Brooklyn Prospect Charter School Brooklyn, NY | $11,861,587 | $34,456,457 |
Philadelphia Performing Arts A String Theory Charter School Philadelphia, PA | $20,881,522 | $38,579,436 |
True North Rochester Preparatorycharter School Rochester, NY | $24,096,877 | $38,977,617 |
Monarch Academy Public Charter School Inc Baltimore, MD | $12,090,239 | $30,534,788 |
First Philadelphia Preparatory Charter School Philadelphia, PA | $12,420,334 | $28,809,502 |
Family Life Academy Charter School Bronx, NY | $17,752,122 | $30,961,313 |