Agora Cyber Charter School
Nonprofit profile at a glance
- EIN
- 412170569
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- King of Prussia, PA, United States
- Phone
- 844.402.4672
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $109,451,977
- Expenses
- $112,603,636
- Assets
- $44,547,897
- Liabilities
- $20,291,974
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- STEPHANIE WASMANSKI (PRESIDENT)
- SAMUEL H WRIGHTSON JR (VICE PRESIDENT/SECRETARY)
- RICHARD JENSEN (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- RICHARD JENSEN (CHIEF EXECUTIVE OFFICER): $390,965 total reported compensation
- JAMES INFORTUNA (CHIEF FINANCIAL OFFICER): $307,447 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide innovative and intensive academic preparation for students, including proficiency in designing and using new computer technologies and conducting scientific research, with a strong partnership between teachers and parents. The mission of Agora Cyber Charter School is to provide innovative and intensive academic preparation. We inspire students to achieve the highest levels of knowledge and skills. Students also develop proficiency in designing and using new computer technologies and conducting scientific research. Moreover, Agora values a strong partnership between teachers and parents. This collaboration empowers students to reach extraordinary heights. Extraordinary results require extraordinary effort! With commitment, hard work, consistency, and responsibility, every student can master high expectations.
What it reported doing in 2024
Operation of public school chartered by the commonwealth of Pennsylvania during the year ending june 30, 2025, the school served approximately 4,700 students.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 71
- Accountability: 77
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.4%; rating input score 64
- Program expense ratio: 63.6%; rating input score 64
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.9%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: -1.4% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 8th percentile among comparable filings
- Asset growth: 1.7% per year; rating input score 100; 13th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 64.4% of revenue deployed · 63.6% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $71.6M in reported program spending
- Leadership: top reported pay $391K · 9 people listed · 2 of 6 pay-setting controls reported
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.