Creative Minds International Public Charter School
Nonprofit profile at a glance
- EIN
- 275208674
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2025880370
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $17,854,339
- Expenses
- $19,172,550
- Assets
- $39,850,472
- Liabilities
- $36,850,757
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Highest reported compensation
- CHARLES JACKSON (EXECUTIVE DI): $266,656 total reported compensation
- CRAIG BEDNAROVSKY - CHIEF OPERATING (OFFICER): $228,516 total reported compensation
- NAYAKA LONG - DEPUTY DIRECTOR CHIE (ACADEMIC OFF): $224,737 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the charter school is to cultivate within all of our students the mindset, skills, creativity, and commitment to equity essential in becoming globally aware and independently minded citizens.
What it reported doing in 2024
Established in 2012, creative minds international public charter school strikes a unique balance in education by taking a global approach to learning while always maintaining focus and attention on the development of the individual student. Creative minds encourages and respects individuality. Our teaching and administration staff support our students to build on their strengths and talents. Through the lens of our international curriculum, our students in preschool through 8th grade gain an understanding of, and an appreciation and respect for, differences of all kinds, making them confident, culturally aware individuals capable of succeeding in a diverse and global society. In 2017, creative minds became the first school in the united states to achieve accreditation in the international primary curriculum (ipc) and began using the international middle years curriculum (imyc). International early years curriculum (ipc): in kindergarten through fourth grade, the international primary curriculum provides a rigorous, thematic teaching structure designed to engage children of all abilities in being creative thinkers and problem-solvers in a globalized world. Instructional units combine core academic subjects, science, social studies, and the arts. The curriculum is designed so that students do the following: - acquire the essential knowledge, skills, and understanding of a broad range of subjects. - engage with their learning through positive experiences, so they remain committed to learning throughout their lives. - develop the personal qualities they need to be good, contributing citizens. - develop a sense of their nationality and culture, and at the same time, develop respect for the nationalities and cultures of others. International middle years curriculum (imyc) the imyc process of learning creates opportunities to connect learning and develop a personal perspective, work with peers, take risks in a safe environment, and become confident, independent, and engaged learners. Learning with the imyc follows six-week units based on a conceptual idea or theme called the big idea. Students link the learning in their different subjects through this big idea and analyze what they are learning from personal, interpersonal, and global perspectives. All creative minds students in kindergarten through eighth-grade study common core standards-based english language arts and mathematics. In addition to arts integration in our academic subjects through ipc and imyc, we provide our students with music, movement, and visual arts during the school day. Global language classes in spanish and mandarin are provided to all students through eighth grade exposing them to both language and culture. Technology is an integrated part of our curricula. The ipc and imyc clearly define learning goals that describe the knowledge, skills, and understanding students should have in information and communication technology. Students build skills in information and communications technology through hands-on projects that are part of the ipc and imyc. Technology is used to communicate, connect, and hone critical thinking. Extended creative day creative minds boasts a dynamic and inclusive extended creative day program that includes a wide array of clubs, sports, and other activities. The objective of the programming is to offer enriching, discovery-based activities that complement and support the schools mission and allow students to pursue their talents and interests. The clubs include girls who code, debate, student government, basketball, and more. At creative minds, we know that for our students to be ready to participate in a global society, they require more than academic skills. They need strong social and emotional intelligence to navigate an increasingly diverse, global society. Personal goals creative minds teaches and explores the personal goals and dispositions emphasized in the ieyc, ipc, and imyc. We thoughtfully create developmentally appropriate
Operating model
- Revenue model
- Earned-program. 93% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93%; rating input score 93
- Program expense ratio: 87.3%; rating input score 87
- Fundraising efficiency: $14.96 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -7.4%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 2.08; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.92; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 8.3%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 12.8% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 13.5% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 23.6% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 93% of revenue deployed · 87.3% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $16.7M in reported program spending
- Leadership: top reported pay $267K · 21 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.3M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 50/100.
- High — Sustainability: Operating margin scored 13/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 28/100.