Frederick Classical Charter School Inc
- Assets
- $1.8m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 03/2011
- Data as of
- 06/2021
- EIN
- 27-1731811
Organization Overview
Frederick Classical Charter School Inc is located in Frederick, MD. The organization was established in 2011. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frederick Classical 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 06/2021, Frederick Classical Charter School Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $3.9m during the year ending 06/2021. While expenses have increased by 2.3% 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 PROVIDE ELEMENTARY AND MIDDLE SCHOOL-AGED CHILDREN IN FREDERICK COUNTY WITH A WELL-ROUNDED, COLLEGE-FOCUSED INSTRUCTIONAL PROGRAM THAT DEVELOPS STUDENT'S KNOWLEDGE, REASON, AND SELF-EXPRESSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC CHARTER SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Summers Director | Trustee | 20 | $2,243 |
Shelly Smallwood Vice President | OfficerTrustee | 20 | $0 |
Jamie Brennan Treasurer | OfficerTrustee | 20 | $0 |
Allison Rizzo Secretary | OfficerTrustee | 20 | $0 |
Nkechi Ileka-Adeoye President | OfficerTrustee | 20 | $0 |
Jennifer Schneider Treasurer | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $117,131 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,447 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,578 |
| Total Program Service Revenue | $3,962,897 |
| Investment income | $3,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,475 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $405 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,093,768 |
| 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 | $2,142,240 |
| Pension plan accruals and contributions | $89,177 |
| Other employee benefits | $307,683 |
| Payroll taxes | $155,419 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,267 |
| Fees for services: Accounting | $19,993 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,770 |
| Advertising and promotion | $1,198 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $679,359 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,576 |
| Insurance | $22,003 |
| All other expenses | $0 |
| Total functional expenses | $3,859,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,911 |
| Savings and temporary cash investments | $1,161,533 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,907 |
| 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 | $203,414 |
| Net Land, buildings, and equipment | $144,190 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,811,955 |
| Accounts payable and accrued expenses | $21,281 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $21,281 |
| Net assets without donor restrictions | $1,786,592 |
| Net assets with donor restrictions | $4,082 |
| 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 | $1,811,955 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Frederick Classical Charter School Inc has recieved totaling $170.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $170 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Clinical Chemistry Inc Washington, DC | $31,632,986 | $18,150,460 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Aids United Washington, DC | $16,240,693 | $19,019,266 |
Media Matters For America Washington, DC | $25,734,430 | $18,794,929 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Association Of Schools And Programs Of Public Health Inc Washington, DC | $11,824,583 | $12,542,035 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Strategic Capacity Group Inc Mclean, VA | $1,824,045 | $10,738,430 |
The Management Center Washington, DC | $13,203,217 | $17,392,064 |
Association Of American Universities Washington, DC | $12,330,287 | $10,421,026 |