Pennwood Cyber Charter School

Nonprofit profile at a glance

EIN
920269283
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
York, PA, USA
Phone
7172084463
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Reported finances

Revenue
$11,321,872
Expenses
$11,060,007
Assets
$5,899,947
Liabilities
$5,638,082

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

Leadership & pay

9 people listed

Executive titles in this filing

  • MARC LEBLOND (BOARD PRESIDENT)
  • CHRISTINA MOSER (CEO)

Highest reported compensation

  • CHRISTINA MOSER (CEO): $192,146 total reported compensation
  • MICHAEL MICCO (PRINCIPAL): $142,394 total reported compensation

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

Overview

Mission

Pennwood cyber charter school is a Pennsylvania public cyber charter school whose mission is to provide a high-quality, tuition-free k12 education through an online learning environment that supports personalized instruction, academic achievement, and preparation for postsecondary education, careers, and responsible citizenship.

What it reported doing in 2024

Pennwood cyber charter school's primary program service accomplishment was the operation of a statewide, tuition-free online public school serving students in kindergarten through grade 12 throughout Pennsylvania. The school provided standards-aligned academic instruction through a virtual learning platform staffed by Pennsylvania-certified teachers. Program services included delivery of core academic and elective coursework, individualized instruction and flexible pacing, student assessment and progress monitoring, special education and related services, guidance and counseling, and college and career readiness programming. The school also provided instructional materials, technology, and student support services necessary to ensure student access to and participation in the online educational program.

Operating model

Revenue model
Earned-program. 98% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 34
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.8%; rating input score 86
  • Program expense ratio: 87.8%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 66th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.3%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.96; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 85.8% of revenue deployed · 87.8% of spending went to programs
  • Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $9.7M in reported program spending
  • Leadership: top reported pay $192K · 9 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules
  • 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.

  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.