Republic Schools Nashville
- Assets
- $31.0m
- Revenue
- $24.0m
- Investments
- $0.0
- Employees
- 227
- Location
- Nashville, TN
- Founding
- 03/2011
- Data as of
- 06/2021
- EIN
- 27-3342540
Organization Overview
Republic Schools Nashville is located in Nashville, TN. The organization was established in 2011. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Republic Schools Nashville employed 227 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Republic Schools Nashville 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, Republic Schools Nashville generated $24.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $17.1m during the year ending 06/2021. While expenses have increased by 5.4% 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 REIMAGINE PUBLIC EDUCATION IN THE SOUTH AND PREPARE ALL OF OUR SCHOLARS TO GRADUATE FROM COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGE A NETWORK OF PUBLIC CHARTER SCHOOLS IN NASHVILLE, TN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Sarkar Director Of Schools | 40 | $134,974 | |
Matthew Dempsey Principal | 40 | $111,908 | |
Christina Mcdonald Principal | 40 | $107,391 | |
Michael Burgevin Director Of Activities | 40 | $100,739 | |
Stewart Hood Board Chair | OfficerTrustee | 2 | $0 |
Jonathan Rybka Chief Executive Officer | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Technology Lab Technology Support | 6/29/21 | $877,920 |
Wise Coaches Inc Student Transportation | 6/29/21 | $367,611 |
Sla Management Student Food Service | 6/29/21 | $622,244 |
Project Play Therapy Sped Consulting | 6/29/21 | $279,755 |
Stratus Of Nashville Janitorial Services | 6/29/21 | $131,014 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,418,997 |
| All other contributions, gifts, grants, and similar amounts not included above | $583,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,002,902 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $24,002,902 |
| 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 | $9,295,921 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,290,873 |
| Insurance | $163,473 |
| All other expenses | $1,300,841 |
| Total functional expenses | $17,082,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,620,729 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $698,743 |
| 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 | $8,663 |
| Net Land, buildings, and equipment | $17,223,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,497,401 |
| Total assets | $31,048,580 |
| Accounts payable and accrued expenses | $1,754,894 |
| 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 | $13,755,407 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,735,448 |
| Total liabilities | $17,245,749 |
| Net assets without donor restrictions | $13,802,831 |
| 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 | $31,048,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Republic Schools Nashville has recieved totaling $24.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ensworth School Nashville, TN | $203,625,309 | $44,175,360 |
Freedom Preparatory Academy Inc Memphis, TN | $50,857,494 | $33,295,008 |
Cannon School Inc Concord, NC | $52,291,449 | $28,580,834 |
Thales Academy Raleigh, NC | $136,454,160 | $55,473,682 |
Mt Paran Christian School Inc Kennesaw, GA | $56,928,804 | $29,889,603 |
Franklin Road Academy Inc Nashville, TN | $58,128,778 | $31,046,189 |
Brentwood Academy Inc Brentwood, TN | $50,379,157 | $25,930,047 |
Lake Norman Charter School Inc Huntersville, NC | $64,551,351 | $25,126,213 |
Greensboro Independent School Corporation Greensboro, NC | $42,520,891 | $22,760,621 |
Jackson Academy Inc Jackson, MS | $38,072,523 | $26,664,882 |
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Carolina Day School Inc Asheville, NC | $29,412,889 | $19,874,947 |