Charter School Inc

Nonprofit profile at a glance

EIN
520379570
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-N 2011
Location
Dover, DE, USA
Phone
3027360403
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$7,045,894
Expenses
$6,722,807
Assets
$13,128,113
Liabilities
$20,253,429

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • LAURA AXTELL (PRESIDENT)

Highest reported compensation

  • HEIDI GREENE (HEAD OF SCHO): $187,488 total reported compensation
  • JENNIFER BOLAND (SECRETARY): $121,973 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create and maintain an environment for learning that allows each student to maximize his or her potential in developing habbits of mind, acquiring knowledge and skills, and demonstrating individual and social responsibility through the use of a social constructivist model. As a charter school in the state of Delaware, campus community school is considered a component unit of the state, and therfore does not directly employ its staff. All staff members of the school are considered employees of the state of Delaware. For the current school year, there were approximately 50 plus employees working at the school.

What it reported doing in 2024

Campus community school was founded and opened in 1998, on the campus of wesley college, with 300 students in grade 1-8. In 2002, with the acquisition of the facility on pear st. And a charter modification the high school was added with 300 additional students. With the loss of the wesley college facility, in 2011 the charter was amended to close the high school program and add a kindergarten. In the spring of 2013 the final class of senior graduated. Today campus community school is a k-8 school located at 350 pear st. In dover Delaware. Campus community school has an inquiry-based learning approach to learning, requires parental involvement, and emphasizes students taking personal responsibility for their education and behavior. The focus on project- based, hands-on learning and student responsibility has created a highly positive learning enviornment where students are expected to work toward their potential. The vision of the school is to provide excellence in educational outcomes for campus community school students. The school is organized in a collaborative community of learners. Campus community school has a diverse population. The breakdown is as follows: male 47%, female 53%, low income 60%, special education 7%, african american 50.1%, caucasian 28.8%, hispanic 10.3%, asian 1.9%, american indian .5%, hawaiian .2%, multi-racial 8.2%. Campus community school targets students who are serious about getting a high quality education and developing strong character. Students enroll from the greater kent county area including capital, appoquinimink, caesar rodney, smyrna, lake forest, milford, and woodbridge school districts.

Operating model

Revenue model
Grant-funded. 98% of the money available for current operations came from government grants.
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 - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 60
  • Accountability: 95
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 90%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.6%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 1.95; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 1.54; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 90% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $6.1M in reported program spending
  • Leadership: top reported pay $187K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2012 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.