APPLETREE EARLY LEARNING PUBLIC CHARTER SCHOOL

EIN: 201302458 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$14,878,460
Total Expenses
$14,151,306
Total Assets
$23,001,056
Net Assets
$12,945,142
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
DC
Principal Officer
WILLIAM J MCCARTHY
Phone
2025261503
Tax Period
2022-07-01 to 2023-06-30

APPLETREE EARLY LEARNING PUBLIC CHARTER SCHOOL, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $14.9M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $14.2M left a modest 5% surplus.

Mission

TO CLOSE THE ACHIEVEMENT GAP BEFORE CHILDREN GET TO KINDERGARTEN BY PROVIDING THREE AND FOUR-YEAR-OLD CHILDREN WITH THE SOCIAL, EMOTIONAL, AND COGNITIVE FOUNDATIONS THAT WILL ENABLE THEM TO SUCCEED IN SCHOOL.

Program Service Accomplishments

Program 1
Expenses: $12,569,660 Revenue: $12,117,651

THE CHARTER SCHOOL IS OPEN TO ANY WASHINGTON, DC, CHILD IN PRE-SCHOOL AND PRE-KINDERGARTEN AND ADMISSION IS FREE. THE CHARTER SCHOOL CURRENTLY SERVES 491 CHILDREN AT SIX PUBLIC CHARTER PRESCHOOL...

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THE CHARTER SCHOOL IS OPEN TO ANY WASHINGTON, DC, CHILD IN PRE-SCHOOL AND PRE-KINDERGARTEN AND ADMISSION IS FREE. THE CHARTER SCHOOL CURRENTLY SERVES 491 CHILDREN AT SIX PUBLIC CHARTER PRESCHOOL CAMPUSES ACROSS THE DISTRICT. IN 2020, THE CHARTER SCHOOL SUCCESSFULLY CONCLUDED ITS FIFTEEN-YEAR CHARTER REVIEW WITH ITS AUTHORIZER, THE DC PUBLIC CHARTER SCHOOL BOARD, AND RECEIVED A CHARTER RENEWAL FOR AN ADDITIONAL FIFTEEN YEARS. THE CHARTER SCHOOL UTILIZES THE COMPREHENSIVE AND EVIDENCE-BASED EVERY CHILD READY INSTRUCTIONAL MODEL THAT WAS DEVELOPED BY APPLETREE INSTITUTE FOR EDUCATION INNOVATION WITH THE ASSISTANCE OF AN INVESTING IN INNOVATION (I3) GRANT FROM THE US DEPARTMENT OF EDUCATION. THE MODEL BUILDS LANGUAGE, LITERACY, AND MEMORY SKILLS USING REGULAR ASSESSMENTS AND DATA OUTCOMES THROUGHOUT THE SCHOOL YEAR. EMPHASIS IS PLACED ON STUDENT GROWTH, DIFFERENTIATED BY AN INDIVIDUAL STUDENTS BASELINE KNOWLEDGE. THE CHARTER SCHOOLS PRIMARY SOURCES OF SUPPORT ARE LOCAL APPROPRIATIONS FOR CHARTER SCHOOLS FROM THE DISTRICT OF COLUMBIA. THE CHARTER SCHOOL ALSO RECEIVES FEDERAL FUNDING THROUGH THE OFFICE OF THE STATE SUPERINTENDENT OF EDUCATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,462,972
Program Service Revenue $12,117,651
Investment Income $297,837
Other Revenue $0
TOTAL REVENUE $14,878,460

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,380,086
Fundraising Expenses $18,975
Program Expenses $12,569,660
Other Expenses $4,771,220
TOTAL EXPENSES $14,151,306

Year-over-Year Comparison

2022 2021 Change
Revenue $14,878,460 $13,691,916 +0.1%
Expenses $14,151,306 $13,447,252 +0.1%
Net Income $727,154 $244,664 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
191
Volunteers
10

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
6
$874,500
Total Directors
13
$298,966
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAULA YOUNG SHELTON BOARD VICE C 2.00
Officer Director
$0 $0 $0
BRIDGET BRADLEY GRAY TREASURER 2.00
Officer Director
$0 $0 $0
MATTHEW DOWNS DIRECTOR 2.00
Director
$0 $0 $0
KAREN DAVENPORT DIRECTOR 2.00
Director
$0 $0 $0
CELIA MARTIN DIRECTOR 2.00
Director
$0 $0 $0
SKYLE PEARSON DIRECTOR 2.00
Director
$0 $0 $0
SARA GLENN DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER MCKINNEY DIRECTOR 2.00
Director
$0 $0 $0
LAUREN BAILLIE DIRECTOR 2.00
Director
$0 $0 $0
DAWN SMITH DIRECTOR 2.00
Director
$0 $0 $0
JOI ROBINS - OUTGOING DIRECTOR 2.00
Director
$0 $0 $0
EMILY SYLAK-GLASSMAN - OUTGOING DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM J MCCARTHY BOARD CHAIR 0.00
Officer Director
$0 $31,870 $298,966
JAMIE MILES VICE PRESIDE 18.00
Officer
$87,265 $11,671 $210,760
THOMAS KEANE JR SEC./INTERIM 7.00
Officer
$32,914 $28,546 $224,399
RITA CHAPIN - OUTGOING ASSISTANT TR 2.00
Officer
$6,096 $18,363 $140,375
JOHN MOORE - DIRECTOR OF HR AND TECHN 15.00
Highest
$50,423 $16,118 $156,972
AJA MILLS - DIRECTOR OF SCHOOL LEADE 31.00
Highest
$102,308 $14,423 $144,602
SADE CREIGHTON-WADE - DIRECTOR OF OPERATIONS 22.00
Highest
$64,958 $12,674 $131,843
KENYETTA SINGLETON - DIRECTOR OF STUDENT SUPP 16.00
Highest
$44,091 $15,524 $133,097
REBECCA KIMPORT - DIRECTOR OF PROFESSIONAL 15.00
Highest
$39,791 $15,169 $126,999
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 No data No data No data No data
2023 $14,878,460 $14,151,306 $23,001,056 $727,154
2022 $13,691,916 $13,447,252 $18,608,315 $244,664
2021 $14,659,192 $12,043,112 $18,411,315 $2,616,080
2020 $14,739,625 $12,560,105 $16,528,060 $2,179,520
2019 $14,730,498 $14,171,026 $14,046,252 $559,472
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