DC SCHOLARS COMMUNITY SCHOOLS

Address
5601 EAST CAPITOL STREET SE
WASHINGTON, DC 20019
Contact
Phone: +1 (202) 559-6138
Nonprofit
EIN: 81-3056166
Year formed: 2016

Mission

TO CLOSE THE ACHIEVEMENT GAP FOR LOW-INCOME STUDENTS AS A CHARTER SCHOOL MANAGEMENT ORGANIZATION.
 2017
Basic features of the organization
Year of formation2016
Subsection code03
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$126,541.00
Sum of reportable (W2/1099) compensation$40,385.00
Number of employees6
Number of people compensated >$100k0
Number of volunteers6
Number of highly compensated contractors0
Personnel
Carnot, Stephanie
TitleTREASURER
Name of key/compensated personSTEPHANIE CARNOT
Position of compensated person
Current individual trustee or directorTrue
Current officerTrue
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Average hours per week working for related orgs1.00
Edelman, Joshua
TitleDIRECTOR
Name of key/compensated personJOSHUA EDELMAN
Position of compensated person
Current individual trustee or directorTrue
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Fisherow, Caroline
TitleEXECUTIVE DIRECTOR
Name of key/compensated personCAROLINE FISHEROW
Position of compensated person
Current officerTrue
Average hours per week working for org40.00
Reportable compensation from org$40,385.00
Other comp, non-reportable, from org and related orgs$2,672.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Oerter, Lara
TitleSECRETARY
Name of key/compensated personLARA OERTER
Position of compensated person
Current individual trustee or directorTrue
Current officerTrue
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Weinberg, Robert
TitleCHAIR
Name of key/compensated personROBERT WEINBERG
Position of compensated person
Current individual trustee or directorTrue
Current officerTrue
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Average hours per week working for related orgs1.00
Wick, Mieka
TitleDIRECTOR
Name of key/compensated personMIEKA WICK
Position of compensated person
Current individual trustee or directorTrue
Average hours per week working for org1.00
Reportable compensation from org$0.00
Other comp, non-reportable, from org and related orgs$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00
Average hours per week working for related orgs1.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO CLOSE THE ACHIEVEMENT GAP FOR LOW-INCOME STUDENTS AS A CHARTER SCHOOL MANAGEMENT ORGANIZATION.
Program service expenses, total$741,310.00
Programs, including revenue & expenses
SCHOOL MANAGEMENT SERVICES - COMMUNITY SCHOOLS WAS ESTABLISHED AS A SCHOOL MANAGEMENT ORGANIZATION FOR DC SCHOLARS PUBLIC CHARTER SCHOOL, DC SCHOLARS STANTON ELEMENTARY SCHOOL (A DISTRICT OF COLUMBIA PUBLIC SCHOOL) AND POTENTIALLY OTHER PUBLIC AND CHARTER SCHOOLS. COMMUNITY SCHOOLS' REVENUE PRIMARILY CONSISTS OF CONTRIBUTIONS, GRANTS AND MANAGEMENT SERVICE FEES FOR MANAGING SCHOOLS IN THE WASHINGTON, DC METROPOLITAN AREA.
Program expenses$741,310.00
Program revenue$1,018,521.00
Program descriptionSCHOOL MANAGEMENT SERVICES - COMMUNITY SCHOOLS WAS ESTABLISHED AS A SCHOOL MANAGEMENT ORGANIZATION FOR DC SCHOLARS PUBLIC CHARTER SCHOOL, DC SCHOLARS STANTON ELEMENTARY SCHOOL (A DISTRICT OF COLUMBIA PUBLIC SCHOOL) AND POTENTIALLY OTHER PUBLIC AND CHARTER SCHOOLS. COMMUNITY SCHOOLS' REVENUE PRIMARILY CONSISTS OF CONTRIBUTIONS, GRANTS AND MANAGEMENT SERVICE FEES FOR MANAGING SCHOOLS IN THE WASHINGTON, DC METROPOLITAN AREA.
Financial data
Revenue
Total revenue$1,359,120.00
Revenue from contributions (total)$340,599.00
Investment income, current yr$0.00
Total revenue from grants, etc., current yr$340,599.00
Other revenue, current yr$0.00
Net unrelated business taxable revenue$0.00
Program service revenue (total)$1,018,521.00
Sources of contributions
Revenue from fundraising events$850.00
Revenue from gov't grants$152,299.00
Revenue from all other contributions$187,450.00
Other types of revenue
Net income from fundraising events$0.00
Expense categories (totals)
Total functional expenses: sum of all$987,710.00
Total functional expenses: program service $741,310.00
Total functional expenses: management and general$246,400.00
Total functional expenses: fundraising$0.00
Fees for services
Legal fees (total)$9,541.00
Fundraising service fees (total)$0.00
Assets and liabilities
Total assets$422,296.00
Total liabilities$50,886.00
Unrestricted net assets, end of yr$343,463.00
Temporarily restricted net assets$27,947.00
Net assets$371,410.00
Cash: non-interest bearing$186,083.00
Other financial variables
Revenue less expenses$371,410.00
Accounts receivable, net$210,560.00
Prepaid expenses & deferred charges$14,960.00
Accounts payable & accrued expenses$50,886.00
Total net assets or fund balances$371,410.00
Depreciation, depletion, amortization$2,283.00
Governance and accountability
Number of voting members5
Number of independent voting members5
Financial sheets were auditedTrue
Audited on both consolidated and separate basisTrue
Accrual accountingTrue
Tax year start date2016-07-01
Tax year end date2017-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990
Reason for form submission
First filingTrue
IRS schema version2016v3.0
Filing identifier201800999349300850
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