Great Oaks Charter School - Bridgeport Inc
- Assets
- $4.8m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 69
- Location
- Bridgeport, CT
- Founding
- 11/2014
- Data as of
- 06/2021
- EIN
- 47-1159132
Organization Overview
Great Oaks Charter School - Bridgeport Inc is located in Bridgeport, CT. 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, Great Oaks Charter School - Bridgeport Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Oaks Charter School - Bridgeport 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, Great Oaks Charter School - Bridgeport Inc generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $8.9m during the year ending 06/2021. While expenses have increased by 29.6% 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 GREAT OAKS CHARTER SCHOOL BRIDGEPORT (GO-BPT) IS TO PREPARE STUDENTS TO SUCCEED IN COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: GO-BPT IS A PUBLIC CHARTER SCHOOL THAT PROVIDES EDUCATIONAL SERVICES TO STUDENTS. THE SCHOOL WAS GRANTED A CHARTER FOR GRADES 6-12. GO-BPT WAS ORGANIZED TO CREATE A RIGOROUS, SUPPORTIVE MIDDLE AND HIGH SCHOOL PROGRAM THAT ENSURES ITS GRADUATES HAVE THE REQUISITE KNOWLEDGE AND HABITS OF MIND TO EARN A DEGREE FROM A COMPETITIVE FOUR YEAR COLLEGE OR UNIVERSITY. DURING FISCAL YEAR OF 2021, GO-BPT OPERATED CLASSES FOR 661 STUDENTS IN GRADES 6 THROUGH 12.
SPECIAL EDUCATION: GO-BPT PROVIDES SPECIAL EDUCATION SERVICES TO STUDENTS WITH IDENTIFIED NEEDS.
EDUCATION: GO-BPT IS A PUBLIC CHARTER SCHOOL THAT PROVIDES EDUCATIONAL SERVICES TO STUDENTS. THE SCHOOL WAS GRANTED A CHARTER FOR GRADES 6-12. GO-BPT WAS ORGANIZED TO CREATE A RIGOROUS, SUPPORTIVE MIDDLE AND HIGH SCHOOL PROGRAM THAT ENSURES ITS GRADUATES HAVE THE REQUISITE KNOWLEDGE AND HABITS OF MIND TO EARN A DEGREE FROM A COMPETITIVE FOUR YEAR COLLEGE OR UNIVERSITY. DURING FISCAL YEAR OF 2021, GO-BPT OPERATED CLASSES FOR 661 STUDENTS IN GRADES 6 THROUGH 12.
SPECIAL EDUCATION: GO-BPT PROVIDES SPECIAL EDUCATION SERVICES TO STUDENTS WITH IDENTIFIED NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Scalice Executive Director | Officer | 40 | $142,458 |
Christopher Pellegrino Asst Principal High School | 40 | $111,774 | |
Angelina Cardoso Dir. Of Fellows, Teaching & Learning | 40 | $102,290 | |
Bre Mangrum Director/teacher | Trustee | 40 | $60,456 |
Leticia Sepulveda Secretary | OfficerTrustee | 1 | $0 |
Pamela Fraser-Abder Ph D Vice Chairperson | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,506,269 |
| All other contributions, gifts, grants, and similar amounts not included above | $665,127 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,171,396 |
| 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 | $9,171,396 |
| 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. | $416,978 |
| Compensation of current officers, directors, key employees. | $41,698 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,143,808 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $639,840 |
| Payroll taxes | $176,159 |
| Fees for services: Management | $912,599 |
| Fees for services: Legal | $4,190 |
| Fees for services: Accounting | $42,353 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,726 |
| Advertising and promotion | $0 |
| Office expenses | $181,560 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,956,180 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,683 |
| Interest | $60,161 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $516,348 |
| Insurance | $88,211 |
| All other expenses | $35,554 |
| Total functional expenses | $8,929,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $346,503 |
| 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 | $298,212 |
| Net Land, buildings, and equipment | $3,072,953 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $780,303 |
| Total assets | $4,760,394 |
| Accounts payable and accrued expenses | $359,625 |
| 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 | $833,588 |
| Unsecured mortgages and notes payable | $223,715 |
| Other liabilities | $696,391 |
| Total liabilities | $2,113,319 |
| Net assets without donor restrictions | $2,647,075 |
| 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 | $4,760,394 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Great Oaks Charter School - Bridgeport Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Our World Neighborhood Charter School Astoria, NY | $8,035,800 | $19,394,981 |
Zeta Charter Schools - New York City Bronx, NY | $8,294,050 | $24,042,847 |
Tapestry Charter School Buffalo, NY | $42,673,326 | $19,036,142 |
Riverton Street Charter School Jamaica, NY | $876,028 | $18,020,045 |
Community Partnership Charter School Brooklyn, NY | $6,697,823 | $17,421,510 |
New World Preparatory Charter School Staten Island, NY | $11,039,877 | $15,891,688 |
Goodwin College Magnet Schools Inc East Hartford, CT | $5,402,152 | $17,501,870 |
Achievement First Hartford Academy Inc New Haven, CT | $6,951,433 | $17,053,937 |
Bedford Stuyvesant New Beginnings Charter School Brooklyn, NY | $7,126,356 | $16,606,341 |
Challenge Preparatory Charter School Far Rockaway, NY | $9,906,286 | $17,577,725 |
Voice Charter School Of New York Long Island City, NY | $8,980,851 | $16,324,260 |
Williamsburg Charter School Brooklyn, NY | $19,883,143 | $18,075,301 |