Diverse Charter Schools Coalition Inc
- Assets
- $658.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 02/2012
- Data as of
- 06/2022
- EIN
- 45-2849094
Organization Overview
Diverse Charter Schools Coalition Inc is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Diverse Charter Schools Coalition Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diverse Charter Schools Coalition 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 06/2022, Diverse Charter Schools Coalition Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 47.1% each year . All expenses for the organization totaled $1.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Diverse Charter Schools Coalition Inc has awarded 16 individual grants totaling $861,060. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DIVERSE CHARTER SCHOOLS COALITION CONNECTS MEMBERS WITH EACH OTHER AND WITH OUTSIDE RESOURCES TO HELP IMPROVE THEIR PRACTICE. WE ENCOURAGE SCHOOL FOUNDERS AND LEADERS OF HIGH-PERFORMING PUBLIC SCHOOL IN THE COALITION TO EMBRACE DIVERSITY WHILE SERVING AS A BEACON AND RESOURCE FOR NEW FOUNDERS AND OTHER SCHOOL LEADERS INTERESTED IN CREATING INTEGRATED CHARTER SCHOOLS. WE SUPPORT RESEARCH AND ANALYSIS ON THE IMPACT OF DIVERSITY ON THE ACADEMIC AND SOCIAL OUTCOMES OF OUR STUDENTS AND STUDENTS ATTENDING SIMILARLY DIVERSE SCHOOLS ACROSS THE NATION. WE MAKE FEDERAL, STATE, AND LOCAL POLICY RECOMMENDATIONS THAT SUPPORT NEW AND EXISTING DIVERSE-BY-DESIGN PUBLIC CHARTER SCHOOLS. WE ADVOCATE THAT GOVERNMENT AND PHILANTHROPIC SUPPORT INCENTIVIZE DEMOGRAPHIC DIVERSITY IN PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGHOUT THE YEAR, WE CONVENE OUR MEMBER SCHOOLS, POLICY AND PRACTICE THOUGHT LEADERS, AND OTHER CHARTER LEADERS TO FOSTER CROSS-SHARING AND THE EXCHANGE OF IDEAS AND BEST PRACTICES. WE FEATURE CURRENT AND THOUGHT-PROVOKING TOPICS TO CHALLENGE ATTENDEES' ASSUMPTIONS, CREATE OPPORTUNITIES TO DEEPEN EXISTING CONNECTIONS AND ESTABLISH NEW ONES, AND INSPIRE SHARING AND LEARNING OF PERTINENT STRATEGIES.
FELLOWSHIP COST SHARING CONTRACT TO RECRUIT FELLOWS AND MATCH THEM WITH HOST SCHOOLS, AS WELL AS PREPARE FELLOWS TO LAUNCH HIGH-PERFORMING DIVERSE CHARTER SCHOOLS. PROGRAM REVENUES PAY FOR PROFESSIONAL DEVELOPMENT AND TRAVEL TO SEE EXCELLENT MEMBER SCHOOLS ACROSS THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Chalupa Vice Chair | OfficerTrustee | 1.3 | $0 |
Andrea Arroyo Director (thru Oct 2021) | OfficerTrustee | 1.3 | $0 |
Mike Dematteo Treasurer | OfficerTrustee | 1.3 | $0 |
Veronica Brooks-Uy Chair | OfficerTrustee | 1.3 | $0 |
Daniel Kikuji Rubenstein Director (thru July 2021) | OfficerTrustee | 1.3 | $0 |
Hally Potter Secretary | OfficerTrustee | 1.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $675,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,755 |
| Total Program Service Revenue | $389,510 |
| Investment income | $65 |
| 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 | $1,065,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,600 |
| Grants and other assistance to domestic individuals. | $38 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $184,323 |
| Compensation of current officers, directors, key employees. | $46,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $397,520 |
| Pension plan accruals and contributions | $11,659 |
| Other employee benefits | $34,117 |
| Payroll taxes | $52,836 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $79 |
| Fees for services: Accounting | $60,013 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,965 |
| 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 | $25,243 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,053 |
| All other expenses | $18,434 |
| Total functional expenses | $1,025,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,524 |
| Savings and temporary cash investments | $237,001 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,424 |
| 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 | $11,533 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $658,482 |
| Accounts payable and accrued expenses | $41,701 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $291,500 |
| 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 | $333,201 |
| Net assets without donor restrictions | $325,281 |
| 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 | $658,482 |
Grants Awarded
Over the last fiscal year, Diverse Charter Schools Coalition Inc has awarded $54,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HEBREW PUBLIC CHARTER SCHOOLS FOR GLOBAL CITIZENS PURPOSE: SCHOOL HIRED FELLOWS TO WORK AT THEIR SCHOOL AND DIVERSE SENT THEM THE PAYMENTS TO PAY THE FELLOWS. | $45,000 |
SCHOOL ARCHITECTS PURPOSE: SCHOOL HIRED FELLOWS TO WORK AT THEIR SCHOOL AND DIVERSE SENT THEM THE PAYMENTS TO PAY THE FELLOWS. | $9,000 |