BERKELEY CHARTER EDUCATION ASSOCIATION I

EIN: 811188857 501(c)(3) Education

GOOSE CREEK, SC

Total Revenue
$24,367,456
Total Expenses
$25,954,732
Total Assets
$31,187,857
Net Assets
$-2,644,618
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
SC
Principal Officer
STEWART WEINBERG PHD
Phone
8438065909
Tax Period
2024-07-01 to 2025-06-30

BERKELEY CHARTER EDUCATION ASSOCIATION I, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $24.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

BERKELEY CHARTER EDUCATION ASSOCIATION, INC IS MADE UP OF A GROUP OF COMMUNITY LEADERS WITH EXPERTISE IN THE FIELDS OF EDUCATION, FINANCE, LAW, MARKETING, REAL ESTATE, BUSINESS, AND GOVERNMENT WHO SHARE A COMMON VISION TO START A SCHOOL THAT WOULD ALLOW STUDENTS TO OBTAIN THE KNOWLEDGE AND SKILLS NEEDED TO BE LEADERS AND PROFESSIONALS, AS WELL AS KEEP UP WITH ADVANCED TECHNOLOGIES IN ALL TYPES OF BUSINESSES AND INDUSTRIES FOR FUTURE GENERATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $23,224,088
Program Service Revenue $1,128,012
Investment Income $15,356
Other Revenue $0
TOTAL REVENUE $24,367,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,871,510
Fundraising Expenses $0
Program Expenses $18,640,645
Other Expenses $15,083,222
TOTAL EXPENSES $25,954,732

Year-over-Year Comparison

2024 2023 Change
Revenue $24,367,456 $22,061,305 +0.1%
Expenses $25,954,732 $21,942,329 +0.2%
Net Income $-1,587,276 $118,976 -14.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
142
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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEWART WEINBERG PHD PRESIDENT 2.00
Officer Director
$0 $0 $0
CHERYL HOLLIS VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
BRIAN WILLIAMS TREASURER 1.00
Officer Director
$0 $0 $0
BRANDI VANGORDOR SECRETARY 1.00
Officer Director
$0 $0 $0
ALICIA PATTON DIRECTOR 1.00
Director
$0 $0 $0
SIMPLICIA SMITH DIRECTOR 1.00
Director
$0 $0 $0
DR TAMARA JACKSON DIRECTOR 1.00
Director
$0 $0 $0
WAYNE MURPHY DIRECTOR 1.00
Director
$0 $0 $0
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 $24,367,456 $25,954,732 $31,187,857 $-1,587,276
2024 $22,061,305 $21,942,329 $32,713,746 $118,976
2023 $20,526,460 $20,680,010 $32,114,795 $-153,550
2022 $17,373,118 $17,501,243 $33,116,066 $-128,125
2021 $9,661,071 $10,111,194 $17,487,989 $-450,123
2020 $8,103,992 $9,211,027 $17,180,230 $-1,107,035
2019 $8,044,373 $8,048,140 $17,677,760 $-3,767
2018 $8,839,180 $6,481,140 $17,470,459 $2,358,040
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BERKELEY CHARTER EDUCATION ASSOCIATION I with other nonprofits in South Carolina and across the country.