St Paul On Fourth Street Inc is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (B19) the organization is classified as: Support 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. St Paul On Fourth Street 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 06/2024, St Paul On Fourth Street Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $3.1m during the year ending 06/2024. While expenses have increased by 4.5% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT HIGH-QUALITY, LOW-COST PUBLIC CHARTER SCHOOL FACILITIES THROUGH CONSTRUCTION, RENOVATION, AND IMPROVEMENT.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| S Joseph Bruno Chair | 0.25 | $0 | |
| James Mcandrews Board Member | 0.25 | $0 | |
| Ornella Napolitano President And CFO | 0.25 | $0 | |
| Marianne Keler Secretary | 0.25 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $111,791 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $3,021,194 | 
| Total Revenue | $3,132,985 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $1,396,716 | 
| Taxes | $0 | 
| Depreciation | $549,725 | 
| Occupancy | $1,059,734 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $10,193 | 
| Total operating and administrative expenses | $3,075,918 | 
| Contributions, gifts, grants paid | $0 | 
| Total expenses and disbursements | $3,075,918 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,191,355 | 
| Savings and temporary cash investments | $2,042,825 | 
| Net Accounts receivable | $0 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $7,684 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $18,512,050 | 
| Other assets | $6,950 | 
| Total assets | $21,760,864 | 
| Accounts payable and accrued expenses | $313,285 | 
| Grants payable | $0 | 
| Deferred revenue | $266,220 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Mortgages and other notes payable | $23,612,304 | 
| Other liabilities | $1,468,487 | 
| Total liabilities | $25,660,296 |