PENNSYLVANIA STEAM ACADEMY CHARTER SCHOOL

EIN: 830523863 501(c)(3) Education

HARRISBURG, PA

Total Revenue
$5,152,081
Total Expenses
$5,955,856
Total Assets
$13,756,498
Net Assets
$-1,961,957
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
PA
Principal Officer
JENNIFER MORRISON
Phone
7178840950
Tax Period
2023-07-01 to 2024-06-30

PENNSYLVANIA STEAM ACADEMY CHARTER SCHOOL, founded in 2018, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $6.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE GOAL OF PENNSYLVANIA STEAM ACADEMY IS TO MAKE EDUCATION FUN, ENGAGING AND SIGNIFICANTLY STRENGTHEN THE CITY AND THE REGION WITH AN INNOVATIVE APPROACH TO EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $5,412,794 Revenue: $4,474,261

PA STEAM ACADEMY IS AN INDEPENDENT CHARTER SCHOOL WHOSE STRONG STEM PLUS ARTS CURRICULUM PLAN WAS IMPLEMENTED TO 200 ATTENDING STUDENTS WITHIN THE COMMUNITY. FOUNDED BY CAREER EDUCATORS AND COMMUNITY...

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PA STEAM ACADEMY IS AN INDEPENDENT CHARTER SCHOOL WHOSE STRONG STEM PLUS ARTS CURRICULUM PLAN WAS IMPLEMENTED TO 200 ATTENDING STUDENTS WITHIN THE COMMUNITY. FOUNDED BY CAREER EDUCATORS AND COMMUNITY LEADERS, THE PENNSYLVANIA STEAM ACADEMY IS A NON-PROFIT CHARTER SCHOOL THAT OPENED IN THE FALL OF 2021. BECAUSE IT'S A CHARTER SCHOOL, IT IS FREE TO ATTEND AND ACCEPTS ALL STUDENTS FROM THE HARRISBURG SCHOOL DISTRICT ON A LOTTERY BASIS, AND FROM NEIGHBORING DISTRICTS WITHIN A 10-MILE RADIUS IF SPACE PERMITS. ACCORDING TO THE GROWTH PLAN, THE 23/24 SCHOOL YEAR INCLUDED THE ADDITION OF 4TH GRADE, WITH A TOTAL OF 280 STUDENTS SERVED DURING THE YEAR. SEE ADDITIONAL INFORMATION ON SCHEDULE O.THE PENNSYLVANIA STEAM ACADEMY IS A STEM SCHOOL PLUS ARTS. STEM IS SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. THE SCHOOL'S FOUNDERS HAVE SPENT YEARS CREATING THE STRONGEST CURRICULUM POSSIBLE, SEARCHING NATIONALLY FOR THE MOST EFFECTIVE AND INTERESTING PROGRAMS IN EACH SUBJECT AREA. CLASS SIZES ARE SMALL, AT 20 STUDENTS PER CLASSROOM. ONE TEACHER AND ONE SUCCESS COACH (TEACHER'S AIDE) INSTRUCT EACH CLASSROOM. THE 2023/2024 SCHOOL YEAR WAS THE THIRD YEAR FOR PA STEAM ACADEMY TO BE IN OPERATION AND IMPLEMENTING A STRONG CURRICULUM PLAN. THE CURRICULUM PLAN WAS SPECIFICALLY DESIGNED TO INTRODUCE STEM, PLUS ARTS TO STUDENTS FROM THE SURROUNDING AREAS. WITH THE 23/24 SCHOOL YEAR PROVING TO BE VERY ACADEMICALLY SUCCESSFUL, PA STEAM WILL CONTINUE IMPLEMENTING ITS OUTLINED CLASSROOM GROWTH STRATEGY. THIS YEAR PA STEAM BROUGHT THE ADDITION OF THE STEAM SCHOLARS PROGRAM, A 21ST CENTURY GRANT FUNDING AFTERSCHOOL AND SUMMER PROGRAM TO SUPPORT THE STUDENTS.IN ITS THIRD YEAR, THE SCHOOL ACCEPTED 280 STUDNETS IN KINDERGARTEN THROUGH FOURTH GRADE. ANOTHER GRADE WILL BE ADDED EACH SUCCESSIVE YEAR. THE SCHOOL WILL EVENTUALLY TEACH KINDERGARTEN THROUGH EIGHTH GRADE. THE ADDITIONAL GRADE LEVELS WILL DEMAND ADDITIONAL STAFF WHICH WILL IMPACT SERVICES EXPENSES; HOWEVER, PA STEAM'S GROWTH STRATEGY IS DESIGNED TO MATCH THE INCREASE IN SERVICE EXPENSE WITH AN INCREASE IN REVENUE FROM STUDENT TUITIONS.

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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 $554,918
Program Service Revenue $4,474,261
Investment Income $55,884
Other Revenue $67,018
TOTAL REVENUE $5,152,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,642,436
Fundraising Expenses $0
Program Expenses $5,412,794
Other Expenses $3,313,420
TOTAL EXPENSES $5,955,856

Year-over-Year Comparison

2023 2022 Change
Revenue $5,152,081 $3,853,301 +0.3%
Expenses $5,955,856 $4,570,606 +0.3%
Net Income $-803,775 $-717,305 +0.1%
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
10
Independent Members
10
Employees
54
Volunteers
50

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
$171,100
Total Directors
11
$171,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN DUMARESQ PRESIDENT 5.00
Officer Director
$0 $0 $0
RON TOMALIS TREASURER 10.00
Officer Director
$0 $0 $0
JENNY GALLAGHER BLOM MEMBER 5.00
Director
$0 $0 $0
ROCCO PUGLIESE MEMBER 5.00
Director
$0 $0 $0
WILLIAM SAYRE MEMBER 5.00
Director
$0 $0 $0
STACY PAGAN MEMBER 5.00
Director
$0 $0 $0
DAN EICHELBERGER MEMBER 5.00
Director
$0 $0 $0
SCOTT BISHOP MEMBER 5.00
Director
$0 $0 $0
ORLANDO CLEAVES MEMBER 5.00
Director
$0 $0 $0
JUNE POPOV MEMBER 5.00
Director
$0 $0 $0
JENNIFER MORRISON PRINCIPAL & CEO (NON-VOTING) 40.00
Officer Director
$108,590 $62,510 $171,100
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 $5,152,081 $5,955,856 $13,756,498 $-803,775
2023 $3,853,301 $4,570,606 $12,381,587 $-717,305
2022 $1,736,512 $1,981,536 $761,878 $-245,024
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