ACHIEVEMENT HOUSE CHARTER SCHOOL

EIN: 201241919 501(c)(3) Education

EXTON, PA

Total Revenue
$27,015,923
Total Expenses
$18,979,330
Total Assets
$41,710,097
Net Assets
$33,534,169
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
PA
Principal Officer
DONALD ASPLEN
Phone
4846156200
Tax Period
2023-07-01 to 2024-06-30

ACHIEVEMENT HOUSE CHARTER SCHOOL, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $27.0M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $8.0M, a strong 30% operating margin.

Mission

IT IS THE MISSION OF THE ACHIEVEMENT HOUSE CYBER CHARTER SCHOOL TO PROVIDE ALL STUDENTS WITH AN EXPERIENCE THAT IS COMPLETE WITH IMPROVED PERSONAL OUTCOME AND ACADEMIC SUCCESS AND ACHIEVEMENT IN A RICH AND PERSONALIZED LEARNING ENVIRONMENT THAT BEST PREPARES THEM TO ACHIEVE SUCCESS IN A WORLD THAT IS DRIVEN BY TECHNOLOGY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,798,853
Program Service Revenue $23,726,306
Investment Income $1,484,897
Other Revenue $5,867
TOTAL REVENUE $27,015,923

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,209,027
Fundraising Expenses $0
Program Expenses $13,351,625
Other Expenses $6,770,303
TOTAL EXPENSES $18,979,330

Year-over-Year Comparison

2023 2022 Change
Revenue $27,015,923 $23,525,575 +0.1%
Expenses $18,979,330 $15,874,790 +0.2%
Net Income $8,036,593 $7,650,785 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
168
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$417,950
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB WORN BOARD MEMBER 2.00
Director
$0 $0 $0
MARILOU STRANGARITY PRESIDENT 2.00
Director
$0 $0 $0
KRISTEN CHETTLE TREASURER 2.00
Director
$0 $0 $0
DONALD FRAATZ SECRETARY 2.00
Director
$0 $0 $0
LISABETH SWEENEY VICE PRESIDENT 2.00
Director
$0 $0 $0
DONALD ASPLEN CFO 40.00
Officer
$273,791 $144,159 $417,950
THOMAS NEAL PRINCIPAL 40.00
Highest
$152,027 $71,693 $223,720
MORRIS HENDRICKS SYSTEM ADMINSTRATOR 40.00
Highest
$111,836 $60,894 $172,730
TRINA KNAUFF SPED TEACHER 40.00
Highest
$102,915 $27,620 $130,535
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $27,015,923 $18,979,330 $41,710,097 $8,036,593
2023 $23,525,575 $15,874,790 $34,555,483 $7,650,785
2022 $21,315,898 $11,121,861 $27,182,705 $10,194,037
2021 $18,473,491 $11,904,324 $16,565,427 $6,569,167
2020 $12,874,973 $6,439,028 $10,141,953 $6,435,945
2020 $12,874,973 $6,420,156 $9,962,670 $6,454,817
2019 $10,626,360 $6,255,884 $6,590,301 $4,370,476
2019 $10,668,541 $8,006,107 $7,715,781 $2,662,434
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