RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ART

EIN: 272713037 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$10,293,896
Total Expenses
$9,976,400
Total Assets
$23,962,016
Net Assets
$2,453,021
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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
2010
Legal Domicile
DC
Principal Officer
DR MARCO CLARK
Phone
2023881011
Tax Period
2022-07-01 to 2023-06-30

RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ART, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $10.3M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $10.0M left a modest 3% surplus.

Mission

THE MISSION OF RICHARD WRIGHT PUBLIC CHARTER SCHOOL FOR JOURNALISM AND MEDIA ARTS IS TO TRANSFORM STUDENTS IN GRADES 8-12 INTO WELL-VERSED MEDIAL CONTRIBUTORS BY PROVIDING A STUDENT-CENTERED ENVIRONMENT THAT CONNECTS THEM TO THE CLASSIC AND MODERN LANGUAGES AND A CURRICULUM FOCUSED ON STRONG WRITING SKILLS AND VOCABULARY.

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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 $2,167,293
Program Service Revenue $7,638,426
Investment Income $0
Other Revenue $488,177
TOTAL REVENUE $10,293,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,523,442
Fundraising Expenses $103,509
Program Expenses $8,711,365
Other Expenses $5,452,958
TOTAL EXPENSES $9,976,400

Year-over-Year Comparison

2022 2021 Change
Revenue $10,293,896 $9,037,763 +0.1%
Expenses $9,976,400 $9,336,932 +0.1%
Net Income $317,496 $-299,169 -2.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
69
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
$0
Total Directors
15
$0
Key Employees
2
$400,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERWIN ROSS CHAIRMAN 0.50
Officer Director
$0 $0 $0
WAYNE ELEY VICE CHAIR/TREASURER 0.50
Officer Director
$0 $0 $0
ESSIE CHARLES PARENT OUTREACH 0.50
Director
$0 $0 $0
KYSHIA BISCOE PARENT/SECRETARY 0.50
Officer Director
$0 $0 $0
GREGORY K ADAMS SR TRUSTEE 0.50
Director
$0 $0 $0
JELANI JAMES ESQ TRUSTEE 0.50
Director
$0 $0 $0
LEAONARD UPSON TRUSTEE 0.50
Director
$0 $0 $0
MARCIA L DYSON TRUSTEE 0.50
Director
$0 $0 $0
MICHAEL L DYSON TRUSTEE 0.50
Director
$0 $0 $0
OBI HOLLY TRUSTEE 0.50
Director
$0 $0 $0
CARLA HOLLY TRUSTEE 0.50
Director
$0 $0 $0
PERCY MASTER P MILLER TRUSTEE 0.50
Director
$0 $0 $0
REV MELVIN MILTON MAXWELL TRUSTEE 0.50
Director
$0 $0 $0
TROY PRIEST ESQ TRUSTEE 0.50
Director
$0 $0 $0
CHRIS FRATTA TRUSTEE 0.50
Director
$0 $0 $0
DR MARCO CLARK HEAD OF SCHOOL 50.00
Key Emp
$210,000 $0 $210,000
ALISHA ROBERTS-FUNDERBURK CHIEF OF OPERATIONS 50.00
Key Emp
$190,000 $0 $190,000
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 $10,293,896 $9,976,400 $23,962,016 $317,496
2022 $9,037,763 $9,336,932 $15,874,690 $-299,169
2021 $8,376,682 $8,170,069 $15,850,160 $206,613
2020 $8,240,745 $7,450,988 $13,714,913 $789,757
2019 $7,027,655 $6,163,398 $1,858,499 $864,257
2018 $6,183,867 $5,758,721 $1,191,376 $425,146
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