CHARTER SCHOOL INC

EIN: 520379570 501(c)(3) Education

DOVER, DE

Total Revenue
$6,280,934
Total Expenses
$6,303,539
Total Assets
$12,549,996
Net Assets
$-7,448,403
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
DE
Principal Officer
HEIDI GREENE
Phone
3027360403
Tax Period
2023-07-01 to 2024-06-30

CHARTER SCHOOL INC, founded in 1998, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2023.

Mission

TO CREATE AND MAINTAIN AN ENVIRONMENT FOR LEARNING THAT ALLOWS EACH STUDENT TO MAXIMIZE HIS OR HER POTENTIAL IN DEVELOPING HABBITS OF MIND, ACQUIRING KNOWLEDGE AND SKILLS, AND DEMONSTRATING INDIVIDUAL AND SOCIAL RESPONSIBILITY THROUGH THE USE OF A SOCIAL CONSTRUCTIVIST MODEL. AS A CHARTER SCHOOL IN THE STATE OF DELAWARE, CAMPUS COMMUNITY SCHOOL IS CONSIDERED A COMPONENT UNIT OF THE STATE, AND THERFORE DOES NOT DIRECTLY EMPLOY ITS STAFF. ALL STAFF MEMBERS OF THE SCHOOL ARE CONSIDERED EMPLOYEES OF THE STATE OF DELAWARE. FOR THE CURRENT SCHOOL YEAR, THERE WERE APPROXIMATELY 50 PLUS EMPLOYEES WORKING AT THE SCHOOL.

Program Service Accomplishments

Program 1
Expenses: $5,673,884 Revenue: $17,262

CAMPUS COMMUNITY SCHOOL WAS FOUNDED AND OPENED IN 1998,ON THE CAMPUS OF WESLEY COLLEGE, WITH 300 STUDENTS IN GRADE 1-8. IN 2002, WITH THE ACQUISITION OF THE FACILITY ON PEAR ST. AND A CHARTER...

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CAMPUS COMMUNITY SCHOOL WAS FOUNDED AND OPENED IN 1998,ON THE CAMPUS OF WESLEY COLLEGE, WITH 300 STUDENTS IN GRADE 1-8. IN 2002, WITH THE ACQUISITION OF THE FACILITY ON PEAR ST. AND A CHARTER MODIFICATION THE HIGH SCHOOL WAS ADDED WITH 300 ADDITIONAL STUDENTS. WITH THE LOSS OF THE WESLEY COLLEGE FACILITY, IN 2011 THE CHARTER WAS AMENDED TO CLOSE THE HIGH SCHOOL PROGRAM AND ADD A KINDERGARTEN. IN THE SPRING OF 2013 THE FINAL CLASS OF SENIOR GRADUATED. TODAY CAMPUS COMMUNITY SCHOOL IS A K-8 SCHOOL LOCATED AT 350 PEAR ST. IN DOVER DELAWARE. CAMPUS COMMUNITY SCHOOL HAS AN INQUIRY-BASED LEARNING APPROACH TO LEARNING, REQUIRES PARENTAL INVOLVEMENT, AND EMPHASIZES STUDENTS TAKING PERSONAL RESPONSIBILITY FOR THEIR EDUCATION AND BEHAVIOR. THE FOCUS ON PROJECT- BASED, HANDS-ON LEARNING AND STUDENT RESPONSIBILITY HAS CREATED A HIGHLY POSITIVE LEARNING ENVIORNMENT WHERE STUDENTS ARE EXPECTED TO WORK TOWARD THEIR POTENTIAL. THE VISION OF THE SCHOOL IS TO PROVIDE EXCELLENCE IN EDUCATIONAL OUTCOMES FOR CAMPUS COMMUNITY SCHOOL STUDENTS. THE SCHOOL IS ORGANIZED IN A COLLABORATIVE COMMUNITY OF LEARNERS. CAMPUS COMMUNITY SCHOOL HAS A DIVERSE POPULATION. THE BREAKDOWN IS AS FOLLOWS: MALE 47%, FEMALE 53%, LOW INCOME 60%, SPECIAL EDUCATION 7%, AFRICAN AMERICAN 50.1%, CAUCASIAN 28.8%, HISPANIC 10.3%, ASIAN 1.9%, AMERICAN INDIAN .5%, HAWAIIAN .2%, MULTI-RACIAL 8.2%. CAMPUS COMMUNITY SCHOOL TARGETS STUDENTS WHO ARE SERIOUS ABOUT GETTING A HIGH QUALITY EDUCATION AND DEVELOPING STRONG CHARACTER. STUDENTS ENROLL FROM THE GREATER KENT COUNTY AREA INCLUDING CAPITAL, APPOQUINIMINK, CAESAR RODNEY, SMYRNA, LAKE FOREST, MILFORD, AND WOODBRIDGE SCHOOL DISTRICTS.

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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 $6,167,924
Program Service Revenue $17,262
Investment Income $94,418
Other Revenue $1,330
TOTAL REVENUE $6,280,934

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,051,380
Fundraising Expenses $0
Program Expenses $5,673,884
Other Expenses $2,252,159
TOTAL EXPENSES $6,303,539

Year-over-Year Comparison

2023 2022 Change
Revenue $6,280,934 $6,098,408 +0.0%
Expenses $6,303,539 $7,103,127 -0.1%
Net Income $-22,605 $-1,004,719 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
6

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
4
$124,024
Total Directors
8
$308,245
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA AXTELL PRESIDENT 5.00
Officer Director
$0 $0 $0
MARGO ROOF VICE PRESIDE 2.00
Officer Director
$0 $0 $0
JESSICA MAIN TREASURER 2.00
Officer Director
$0 $0 $0
JENNIFER BOLAND SECRETARY 40.00
Officer Director
$88,608 $35,416 $124,024
BONNIE GLADU BOARD MEMBER 2.00
Director
$0 $0 $0
TRAVIS SUDLER BOARD MEMBER 2.00
Director
$0 $0 $0
RITA PAIGE BOARD MEMBER 2.00
Director
$0 $0 $0
HEIDI GREENE HEAD OF SCHO 40.00
Director
$132,511 $51,710 $184,221
CAROLIN LYON BUSINESS MAN 40.00
Highest
$109,684 $45,772 $155,456
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 $6,280,934 $6,303,539 $12,549,996 $-22,605
2023 $6,098,408 $7,103,127 $11,645,022 $-1,004,719
2022 $6,068,297 $5,417,702 $10,906,517 $650,595
2021 $4,872,489 $4,739,510 $7,899,451 $132,979
2020 $4,961,855 $4,201,394 $7,030,074 $760,461
2019 $4,529,628 $5,338,607 $7,134,770 $-808,979
2018 $4,774,880 $4,485,724 $7,326,307 $289,156
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