CHRISTOPHER COLUMBUS CHARTER SCHOOL

EIN: 232978682 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$17,523,874
Total Expenses
$16,530,782
Total Assets
$28,902,394
Net Assets
$17,060,986
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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
1998
Legal Domicile
PA
Principal Officer
NATHAN BLODGETT
Phone
2152482366
Tax Period
2024-07-01 to 2025-06-30

CHRISTOPHER COLUMBUS CHARTER SCHOOL, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $17.5M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $16.5M left a modest 6% surplus.

Mission

IT IS THE MISSION OF THE CHRISTOPHER COLUMBUS CHARTER SCHOOL (CCCS) TO PROVIDE STUDENTS IN GRADE K-8 WITH A CONTENT-RICH, ACADEMICALLY RIGOROUS CORE KNOWLEDGE EDUCATION WITH A WELL-DEFINED, SEQUENTIAL CURRICIULUM IN A SAFE, ORDERLY, DISCIPLINED AND CARING ENVIORNMENT CCCS STUDENTS WILL LEARN TO EXPRESS THEMSELVES IN AT LEAST ONE INTERNATIONAL LANGUAGE, AND WILL UTILIZE COMPUTER TECHNOLOGY TO SUPPORT LEARNING IN ALL MAJOR SUBJECTS AND TO BECOME LITERATE IN THE TECHNOLOGIES OF THE 21ST CENTURY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,011,536
Program Service Revenue $15,132,062
Investment Income $379,102
Other Revenue $1,174
TOTAL REVENUE $17,523,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,224,134
Fundraising Expenses $0
Program Expenses $11,689,665
Other Expenses $5,306,648
TOTAL EXPENSES $16,530,782

Year-over-Year Comparison

2024 2023 Change
Revenue $17,523,874 $20,718,050 -0.2%
Expenses $16,530,782 $15,627,062 +0.1%
Net Income $993,092 $5,090,988 -0.8%
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
8
Independent Members
8
Employees
N/A
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
3
$234,344
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND A PESCATORE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
DIANE PIROLLO SECRETARY 1.00
Officer Director
$0 $0 $0
JULES MINGRONI BOARD MEMBER 1.00
Director
$0 $0 $0
HERBERT SCHECTMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MYERS BOARD MEMBER 1.00
Director
$0 $0 $0
ADRIENNE THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW SZELAGOWSKI BOARD MEMBER 1.00
Director
$0 $0 $0
NATHAN BLODGETT CEO 40.00
Officer
$165,375 $68,969 $234,344
CHARLES MOORE ASST PRINCIPAL 40.00
Highest
$132,300 $100,737 $233,037
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 $17,523,874 $16,530,782 $28,902,394 $993,092
2024 No data No data No data No data
2023 $15,621,766 $13,367,753 $23,992,431 $2,254,013
2022 $14,385,398 $11,470,286 $23,175,764 $2,915,112
2021 $14,093,006 $10,104,112 $21,582,394 $3,988,894
2020 $12,863,219 $10,065,590 $17,989,027 $2,797,629
2019 $12,034,061 $10,121,768 $16,002,633 $1,912,293
2018 $10,320,043 $10,351,798 $15,344,146 $-31,755
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