Richard Wright Public Charter School
- Assets
- $15.9m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 67
- Location
- Washington, DC
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 27-2713037
Organization Overview
Richard Wright Public Charter School is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Richard Wright Public Charter School employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard Wright 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, Richard Wright Public Charter School generated $8.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $8.2m during the year ending 06/2021. While expenses have increased by 3.6% 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
THE MISSION OF RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ARTS IS TO TRANSFORM STUDENTS IN GRADES 8-12 INTO WELL-VERSED MEDIAL CONTRIBUTORS BY PROVIDING A STUDENT-CENTERED ENVIRONMENT THAT CONNECTS THEM TO THE CLASSIC AND MODERN LANGUAGES AND A CURRICULUM FOCUSED ON STRONG WRITING SKILLS AND VOCABULARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ADDITIONAL DATA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Marco Clark Head Of School | Officer | 60 | $161,581 |
Alisha Roberts-Charles Chief Of Operations | Officer | 60 | $115,220 |
Essie Charles Secretary | Officer | 3 | $0 |
Wayne Eley Treasurer | Officer | 3 | $0 |
Derwin Ross Vice Chair | Officer | 7 | $0 |
Gregory Adams Chair | Officer | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tellurium Llc Rent | 6/29/21 | $480,051 |
Mcn Build Llc Contracted Services | 6/29/21 | $2,200,139 |
Edops Finance And Accounting Services | 6/29/21 | $170,460 |
Delta-t Group Virginia Inc Special Education Services | 6/29/21 | $171,869 |
City First Loan Interest | 6/29/21 | $399,342 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $942,703 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,662 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $992,365 |
| Total Program Service Revenue | $6,890,897 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $466,150 |
| 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 | $8,376,682 |
| 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. | $334,362 |
| Compensation of current officers, directors, key employees. | $50,154 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,972,628 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $268,862 |
| Payroll taxes | $265,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400,477 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,706 |
| Advertising and promotion | $0 |
| Office expenses | $56,886 |
| Information technology | $171,771 |
| Royalties | $0 |
| Occupancy | $1,272,025 |
| Travel | $59,733 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $525,404 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $827,443 |
| Insurance | $47,146 |
| All other expenses | $177,425 |
| Total functional expenses | $8,170,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,882,179 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $625,660 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $41,141 |
| Net Land, buildings, and equipment | $11,002,491 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $298,689 |
| Total assets | $15,850,160 |
| Accounts payable and accrued expenses | $552,800 |
| 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 | $12,048,351 |
| Other liabilities | $814,315 |
| Total liabilities | $13,415,466 |
| Net assets without donor restrictions | $2,434,694 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,850,160 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Richard Wright Public Charter School has recieved totaling $35,417.
| Awarding Organization | Amount |
|---|---|
Digital Promise Global Washington, DC PURPOSE: TO PROVIDE TEACHERS AND STUDENTS IN U.S. MIDDLE/HIGH SCHOOLS WITH ALWAYS-AVAILABLE ACCESS | $34,938 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $129 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Digital Pioneers Academy Corporation Washington, DC | $4,965,359 | $14,262,245 |
Dc Scholars Public Charter School Inc Washington, DC | $20,175,079 | $14,463,107 |
Apple Tree Early Learning Public Charter School Washington, DC | $18,411,315 | $14,659,192 |
Bridges Public Charter School Washington, DC | $12,214,907 | $15,223,838 |
Lee Montessori Public Charter School Washington, DC | $14,659,011 | $10,839,965 |
Dc Bilingual Public Charter School Washington, DC | $27,867,022 | $13,552,714 |
Bdc A Public Charter School Inc Washington, DC | $5,085,376 | $12,257,470 |
Achievement Preparatory Academy Public Charter School Washington, DC | $36,768,899 | $6,839,835 |