Highville Charter School Inc
- Assets
- $15.9m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 110
- Location
- New Haven, CT
- Founding
- 04/2009
- Data as of
- 06/2023
- EIN
- 26-0858723
Organization Overview
Highville Charter School Inc is located in New Haven, CT. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Highville Charter School Inc employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highville Charter School Inc 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 06/2023, Highville Charter School Inc generated $8.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $7.8m during the year ending 06/2023. While expenses have increased by 1.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL EDUCATION FOR CHILDREN IN GRADES PRE-K THROUGH HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A FULL RANGE OF EDUCATIONAL SERVICES FOR GRADES PRE-K THROUGH HIGH SCHOOL, FOR UP TO 502 STUDENTS IN THE TOWNS OF HAMDEN, NEW HAVEN AND SURROUNDING TOWNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Baylor Chairperson | OfficerTrustee | 2 | $0 |
Danielle William Vice Chair | OfficerTrustee | 2 | $0 |
Michael Gormany Treasurer | OfficerTrustee | 2 | $0 |
Marva Johnson-Bennett Secretary | OfficerTrustee | 2 | $0 |
Ninani Kombo Board Member | Trustee | 2 | $0 |
Randi Mccray Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,998,602 |
| All other contributions, gifts, grants, and similar amounts not included above | $330,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,328,704 |
| Total Program Service Revenue | $909,731 |
| Investment income | $61,874 |
| 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 | $8,309,670 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,205,353 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $492,470 |
| Payroll taxes | $206,357 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,597 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $192,477 |
| Advertising and promotion | $0 |
| Office expenses | $763,494 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $422,099 |
| Travel | $1,758 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,169 |
| Interest | $800,270 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $419,543 |
| Insurance | $46,770 |
| All other expenses | $0 |
| Total functional expenses | $7,810,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,754,152 |
| Savings and temporary cash investments | $748,760 |
| Pledges and grants receivable | $516,352 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,937 |
| Prepaid expenses and deferred charges | $9,376 |
| Net Land, buildings, and equipment | $10,002,033 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $55,875 |
| Other assets | $2,812,536 |
| Total assets | $15,908,021 |
| Accounts payable and accrued expenses | $158,512 |
| Grants payable | $0 |
| Deferred revenue | $466,313 |
| Tax-exempt bond liabilities | $12,580,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $160,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $418,507 |
| Total liabilities | $13,783,332 |
| Net assets without donor restrictions | $1,824,689 |
| Net assets with donor restrictions | $300,000 |
| 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 | $15,908,021 |