Mundo Verde Bilingual Public Charter School
- Assets
- $21.5m
- Revenue
- $24.4m
- Investments
- $0.0
- Employees
- 274
- Location
- Washington, DC
- Founding
- 06/2009
- Data as of
- 06/2022
- EIN
- 26-2569958
Organization Overview
Mundo Verde Bilingual Public Charter School is located in Washington, DC. 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 06/2022, Mundo Verde Bilingual Public Charter School employed 274 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mundo Verde Bilingual 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 06/2022, Mundo Verde Bilingual Public Charter School generated $24.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $23.5m during the year ending 06/2022. While expenses have increased by 12.7% 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
TO FOSTER HIGH LEVELS OF ACADEMIC ACHIEVEMENT AMOUNT A DIVERSE GROUP OF STUDENTS BY PREPARING THEM TO BE SUCCESSFUL AND COMPASSIONATE GLOBAL STEWARDS OF THEIR COMMUNITIES THROUGH AN ENGAGING CURRICULUM FOCUSED ON BILITERACY AND SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION - MUNDO VERDE BILINGUAL PUBLIC CHARTER SCHOOL EMBRACES AN EDUCATIONAL MODEL KNOWN AS EXPEDITIONARY LEARNING THAT HAS PROVED SUCCESSFUL IN WASHINGTON'S MOST SOUGHT-AFTER PUBLIC CHARTER SCHOOL. WE ARE THE ONLY SCHOOL IN THE DISTRICT TO ALSO FOCUS ON ENVIRONMENTAL SUSTAINABILITY AND BILINGUAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scotchmer Kristin Executive Director | Officer | 40 | $175,365 |
Pretlow Robyn Director Of Hr/talent & General Counsel | OfficerTrustee | 40 | $145,000 |
Carne Noelle Director Of Operational Strategy & Effectiveness | OfficerTrustee | 40 | $123,800 |
Douglas Roynetta Principal | OfficerTrustee | 40 | $121,300 |
Kouakeu Jennifer Principal | OfficerTrustee | 40 | $114,202 |
Alicia Williams Board Member | Trustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Turner Impact Capital Rent | 6/29/22 | $1,420,558 |
Carefirst Insurance | 6/29/22 | $1,105,144 |
Pmm Companies Janitorial Services | 6/29/22 | $614,302 |
End-to-end Solutions For Special Educati Sped Contracted Services | 6/29/22 | $456,754 |
Dc Office Of Tax & Revenue Property Tax | 6/29/22 | $446,376 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,017,198 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,227 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,080,425 |
| Total Program Service Revenue | $20,297,742 |
| Investment income | $132 |
| 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 | $24,437,996 |
| 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. | $718,291 |
| Compensation of current officers, directors, key employees. | $121,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,474,061 |
| Pension plan accruals and contributions | $268,792 |
| Other employee benefits | $1,216,329 |
| Payroll taxes | $973,265 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $119,717 |
| Fees for services: Accounting | $230,722 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $861,006 |
| Advertising and promotion | $0 |
| Office expenses | $173,385 |
| Information technology | $242,771 |
| Royalties | $0 |
| Occupancy | $3,558,176 |
| Travel | $152,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $374,782 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $920,855 |
| Insurance | $123,611 |
| All other expenses | $16,124 |
| Total functional expenses | $23,546,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,082,423 |
| Savings and temporary cash investments | $236,564 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,878,814 |
| 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 | $217,435 |
| Net Land, buildings, and equipment | $14,074,108 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,570 |
| Total assets | $21,494,914 |
| Accounts payable and accrued expenses | $1,838,717 |
| Grants payable | $0 |
| Deferred revenue | $43,917 |
| Tax-exempt bond liabilities | $8,138,270 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,869 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,262,578 |
| Total liabilities | $14,288,351 |
| Net assets without donor restrictions | $7,194,038 |
| Net assets with donor restrictions | $12,525 |
| 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 | $21,494,914 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mundo Verde Bilingual Public Charter School has recieved totaling $24,630.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $23,838 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $792 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chesapeake Lighthouse Foundation Inc Laurel, MD | $97,823,093 | $48,417,489 |
D C Preparatory Academy Washington, DC | $90,604,234 | $48,510,869 |
Center City Public Charter Schools Washington, DC | $21,995,309 | $37,320,653 |
District Of Columbia International School Washington, DC | $84,723,985 | $38,898,239 |
Monarch Academy Public Charter School Inc Baltimore, MD | $13,752,531 | $31,847,617 |
Euphemia L Haynes Public Charter School Inc Washington, DC | $46,520,853 | $31,794,568 |
Kipp Baltimore Inc Baltimore, MD | $8,114,053 | $24,854,328 |
Mundo Verde Bilingual Public Charter School Washington, DC | $21,494,914 | $24,437,996 |
Democracy Prep Congress Heights Public Charter School CHARTER SCHOOL Washington, DC | $0 | $17,619,110 |
Ingenuity Prep Washington, DC | $6,189,682 | $17,892,639 |
Creative Minds International Public Charter School Washington, DC | $39,022,356 | $15,046,309 |
Corporation Of The Washington Latin School Washington, DC | $31,565,560 | $17,054,882 |