PLC Charter Schools
Nonprofit profile at a glance
- EIN
- 752971549
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-N 2011
- Location
- Tolleson, AZ, USA
- Phone
- 6234742120
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education
Reported finances
- Revenue
- $11,184,840
- Expenses
- $10,113,293
- Assets
- $18,135,983
- Liabilities
- $15,873,299
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Kimberly Steele (Bd Member/CEO)
Highest reported compensation
- Kimberly Steele (Bd Member/CEO): $123,861 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 develop a Student-Family-Teacher-Civic relationship that develops and sustains a Professional Learning Community where arts and technology combine with academics and real life skills.
What it reported doing in 2024
The School serviced approximately 886 students in kindergarten through eighth grade during the 2024-2025 school year.
Operating model
- Revenue model
- Grant-funded. 94% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 75
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.8%; rating input score 85
- Program expense ratio: 93%; rating input score 93
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 14th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.6%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1.79; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.88; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: -0.1% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 13th percentile among comparable filings
Details
- Where the money goes: 84.8% of revenue deployed · 93% of spending went to programs
- Governance: 3 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $9.4M in reported program spending
- Leadership: top reported pay $124K · 4 people listed
- Highest-paid contractors: 2 contractors listed · $257K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.