Skip to content
Nonprofiteer
← MEETING STREET SCHOOLS

Form 990 for tax year 2023

Filed by MEETING STREET SCHOOLS.

Totals

Total revenue
$46,950,223
Total expenses
$48,038,565
Contributions and grants received
$32,772,026
Grants paid
$3,864,731
Program service revenue
$219,642
Investment income
$13,883,464
Other revenue
$75,091
Total assets, end of year
$307,700,065
Total liabilities, end of year
$3,043,972
Net assets or fund balances, end of year
$304,656,093
Program services expenses (Part IX)
$46,381,880
Management and general expenses
$1,598,579
Fundraising expenses
$58,106
Program service expenses (Part III)
$46,381,880

Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $24,257,387

  • 1f · All other contributions, gifts and grants

    $8,514,639

  • 1g · Noncash contributions included above

    $146,121

  • 2a · Program service revenue: TUITION AND FEES

    total $180,733 · related or exempt $180,733

  • 2b · Program service revenue: STUDENT UNIFORMS

    total $38,909 · related or exempt $38,909

  • 3 · Investment income

    total $13,883,464 · excluded $13,883,464

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $75,091 · related or exempt $75,091

  • 11e · Other revenue, total

    $75,091

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,213,234 · program services $2,213,234

  • 2 · Grants to domestic individuals

    total $1,651,497 · program services $1,651,497

  • 5 · Compensation of officers, directors and key employees

    total $692,557 · program services $668,817 · management and general $22,395 · fundraising $1,345

  • 7 · Other salaries and wages

    total $23,966,161 · program services $23,142,771 · management and general $776,845 · fundraising $46,545

  • 8 · Pension plan contributions

    total $613,908 · program services $592,865 · management and general $19,851 · fundraising $1,192

  • 9 · Other employee benefits

    total $2,758,519 · program services $2,663,962 · management and general $89,200 · fundraising $5,357

  • 10 · Payroll taxes

    total $1,887,932 · program services $1,823,217 · management and general $61,048 · fundraising $3,667

  • 11b · Fees: legal

    total $63,992 · program services $51,109 · management and general $12,883

  • 11c · Fees: accounting

    total $83,017 · management and general $83,017

  • 11d · Fees: lobbying

    total $17,500 · program services $17,500

  • 11g · Fees: other

    total $1,520,219 · program services $1,520,219

  • 12 · Advertising and promotion

    total $54,487 · program services $54,487

  • 13 · Office expenses

    total $67,335 · program services $67,335

  • 14 · Information technology

    total $925,050 · program services $836,409 · management and general $88,641

  • 16 · Occupancy

    total $1,228,077 · program services $1,228,077

  • 17 · Travel

    total $131,767 · program services $131,767

  • 20 · Interest

    total $23,001 · management and general $23,001

  • 22 · Depreciation, depletion and amortization

    total $1,242,225 · program services $1,239,349 · management and general $2,876

  • 23 · Insurance

    total $418,822 · management and general $418,822

  • 24a · Other expenses: ACADEMIC SUPPORT

    total $3,810,918 · program services $3,810,918

  • 24b · Other expenses: FOOD SERVICES

    total $1,818,914 · program services $1,818,914

  • 24c · Other expenses: OTHER PERSONNEL COSTS

    total $1,458,119 · program services $1,458,119

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $1,391,314 · program services $1,391,314

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,041,773 · end of year $2,464,054

  • 4 · Accounts receivable

    beginning of year $323,510 · end of year $1,034,010

  • 7 · Other notes and loans receivable

    beginning of year $58,043,108 · end of year $59,510,309

  • 9 · Prepaid expenses and deferred charges

    beginning of year $583,061 · end of year $296,546

  • 10a · Land, buildings and equipment: cost or other basis

    $34,490,132

  • 10b · Land, buildings and equipment: accumulated depreciation

    $11,090,053

  • 10c · Land, buildings and equipment, net

    beginning of year $23,179,874 · end of year $23,400,079

  • 11 · Investments: publicly traded securities

    beginning of year $208,649,778 · end of year $220,988,409

  • 15 · Other assets

    beginning of year $1,108,537 · end of year $6,658

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,502,081 · end of year $2,783,977

  • 19 · Deferred revenue

    beginning of year $280,692 · end of year $259,995

  • 23 · Secured mortgages and notes payable

    beginning of year $1,101,879 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $292,343,103 · end of year $304,067,279

  • 28 · Net assets with donor restrictions

    beginning of year $701,886 · end of year $588,814

Mission and programs · 2023

Mission

EMPOWERING CHILDREN WITH THE EXCELLENT, LIFE-CHANGING EDUCATION THEY DESERVE.

Activities or mission (Part I)

NETWORK OF INNOVATIVE SCHOOLS SERVING CHILDREN FROM UNDER-RESOURCED COMMUNITIES.

  • A) PRE-K3-8TH GRADE INSTRUCTION: MEETING STREET SCHOOLS OPERATES FOUR SCHOOLS SERVING ABOUT 1,700 STUDENTS ACROSS CHARLESTON AND SPARTANBURG. THE NETWORK WAS FOUNDED IN 2008 TO GIVE HARD-WORKING STUDENTS THE OPPORTUNITY TO RECEIVE AN EDUCATION THAT WILL TRANSFORM THEIR LIVES. MEETING STREET SCHOOLS IS KNOWN FOR ITS COMMITMENT TO EXCELLENCE AND HIGH EXPECTATIONS. MEETING STREET SCHOOLS' MODEL IS CENTERED ON RIGOROUS INSTRUCTION BEGINNING WITH A FULL-DAY PROGRAM FOR 3-YEAR-OLDS AND CONTINUING THROUGH EIGHTH GRADE. SCHOOLS ALSO EMPHASIZE STRONG FAMILY PARTNERSHIPS. THANKS TO THE GENEROSITY OF DONORS, MEETING STREET SCHOOLS PROVIDED $4,661,267 IN TUITION ASSISTANCE TO FAMILIES WITH DEMONSTRATED FINANCIAL NEED DURING THE 2023-24 SCHOOL YEAR.

    Expenses $41,426,944 · Revenue $219,642

  • B) PHILANTHROPIC INVESTMENTS: MEETING STREET SCHOOLS MAKES STRATEGIC INVESTMENTS IN PROJECTS AND CAUSES THAT FURTHER ITS MISSION. THE LARGEST OF THESE COMMITMENTS IS THE MEETING STREET SCHOLARSHIP FUND, WHICH PROVIDES UP TO $40,000 FOR COLLEGE THAT CAN BE USED FOR TUITION, FEES, HOUSING OR FOOD. IN 2023-24, THIS HELPED MAKE COLLEGE DREAMS A REALITY FOR MORE THAN 300 HIGH-ACHIEVING STUDENTS WITH DEMONSTRATED FINANCIAL NEED. THE SCHOLARSHIP IS AVAILABLE TO STUDENTS WHO: GRADUATE FROM A CHARLESTON COUNTY PUBLIC HIGH SCHOOL; DEMONSTRATE FINANCIAL NEED AND ACADEMIC ACHIEVEMENT; AND ENROLL IN ONE OF SOUTH CAROLINA'S BEST COLLEGES. MEETING STREET SCHOOLS ALUMNI ALSO ARE ELIGIBLE FOR THE MEETING STREET ALUMNI SCHOLARSHIP.

    Expenses $2,576,157 · Grants $2,352,569

  • C) EXCELLENCE IN TEACHING AWARDS: THE EXCELLENCE IN TEACHING AWARDS RECOGNIZES TEACHERS WHO MAKE A MEANINGFUL IMPACT ON THE ACADEMIC ACHIEVEMENT OF STUDENTS IN SCHOOLS. THE AWARDS ARE PHILANTHROPICALLY FUNDED IN MEETING STREET SCHOOLS AND CHARLESTON COUNTY, AND THEY ARE PROVIDED ON TOP OF TEACHERS' BASE SALARIES. DURING THE 2023-24 SCHOOL YEAR, 233 TEACHERS EARNED A TOTAL OF $2.2 MILLION IN AWARDS - $1.5 MILLION IN CHARLESTON COUNTY SCHOOLS AND $700,000 IN MEETING STREET SCHOOLS. SUPPORT FOR THIS INNOVATIVE COMPENSATION MODEL IS GROWING ACROSS SOUTH CAROLINA, WITH 10 ADDITIONAL SCHOOLS PARTICIPATING IN THE PROGRAM DURING 2023-24 SCHOOL YEAR; THE FUNDING FOR THOSE AWARDS IS PROVIDED BY THE STATE AND OTHER PRIVATE DONORS.

    Expenses $2,378,779 · Grants $1,512,162

As filed on the 2023 return.

Listed in Part VII

  • Christopher Eide

    EXECUTIVE DIRECTOR

    Total calculated
    $239,324
    From this org
    $230,529
    From related orgs
    $0
    Other
    $8,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,808
    Bonus
    $7,500
    Other
    $65,221
    Deferred
    $4,050
    Nontaxable benefits
    $4,745
    Filer's total
    $239,324

  • Jamie Downs

    PRINCIPAL

    Total calculated
    $217,673
    From this org
    $202,633
    From related orgs
    $0
    Other
    $15,040
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,080
    Bonus
    $18,299
    Other
    $254
    Deferred
    $6,099
    Nontaxable benefits
    $8,941
    Filer's total
    $217,673

  • Chad Weiden

    PRINCIPAL

    Total calculated
    $206,058
    From this org
    $173,938
    From related orgs
    $0
    Other
    $32,120
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,672
    Bonus
    $13,793
    Other
    $473
    Deferred
    $5,394
    Nontaxable benefits
    $26,726
    Filer's total
    $206,058

  • Christopher Ruszkowski

    CHIEF EXEC OFFICER THRU FEB 2024

    Total calculated
    $201,238
    From this org
    $186,654
    From related orgs
    $0
    Other
    $14,584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,475
    Bonus
    $0
    Other
    $179
    Deferred
    $5,619
    Nontaxable benefits
    $8,965
    Filer's total
    $201,238

  • Katie Robinson

    CHIEF ACADEMIC OFFICER

    Total calculated
    $164,292
    From this org
    $132,362
    From related orgs
    $0
    Other
    $31,930
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,590
    Bonus
    $6,299
    Other
    $473
    Deferred
    $2,775
    Nontaxable benefits
    $29,155
    Filer's total
    $164,292

  • Kyndran Hilton

    PRINCIPAL

    Total calculated
    $163,695
    From this org
    $143,725
    From related orgs
    $0
    Other
    $19,970
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,395
    Bonus
    $22,242
    Other
    $88
    Deferred
    $3,546
    Nontaxable benefits
    $16,424
    Filer's total
    $163,695

  • Nicole Dickens

    CHIEF OPERATING OFFICER

    Total calculated
    $155,229
    From this org
    $124,715
    From related orgs
    $0
    Other
    $30,514
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $114,576
    Bonus
    $10,000
    Other
    $139
    Deferred
    $3,927
    Nontaxable benefits
    $26,587
    Filer's total
    $155,229

  • Shavawn Davis-Milford

    PRINCIPAL

    Total calculated
    $147,752
    From this org
    $127,333
    From related orgs
    $0
    Other
    $20,419
    Hours/week
    40

  • Marcus Backman

    CHIEF FINANCIAL & DATA OFFICER

    Total calculated
    $141,725
    From this org
    $129,332
    From related orgs
    $0
    Other
    $12,393
    Hours/week
    40

  • Tamil Goodson

    FOUNDING PRINCIPAL

    Total calculated
    $132,191
    From this org
    $127,552
    From related orgs
    $0
    Other
    $4,639
    Hours/week
    40

  • Kelly Navarro

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lindsay Leonard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ford Perry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Susan Shuler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Benjamin Navarro

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Christopher Allen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Carley Lane

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Josh Bell

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MEETING STREET ACADEMY - CHARLESTON LLC

    INDEPENDENT SCHOOL · SC · income $1,016,047 · assets $15,877,628

    Directly controlled by MEETING STREET SCHOOLS

  • MEETING STREET ACADEMY - SPARTANBURG LLC

    PUBLIC SCHOOL OF INNOVATION · SC · income $6,992,574 · assets $2,896,875

    Directly controlled by MEETING STREET SCHOOLS

  • MEETING STREET ELEMENTARY AT BRENTWOOD LLC

    PUBLIC SCHOOL OF INNOVATION · SC · income $12,734,377 · assets $5,543,237

    Directly controlled by MEETING STREET SCHOOLS

  • MEETING STREET ELEMENTARY AT BURNS LLC

    PUBLIC SCHOOL OF INNOVATION · SC · income $7,580,180 · assets $1,303,214

    Directly controlled by MEETING STREET SCHOOLS

  • MSS INVESTMENT HOLDINGS LLC

    INVESTMENT HOLDINGS · DE · income $13,883,464 · assets $277,720,161

    Directly controlled by MEETING STREET SCHOOLS

  • EXCELLENCE IN TEACHING LLC

    STRATEGIC TEACHER COMPENSATION · DE · income $0 · assets $7,800

    Directly controlled by MEETING STREET SCHOOLS

  • MEETING STREET - JASPER & BEAUFORT LLC

    PUBLIC CHARTER SCHOOL · DE · income $4,572,131 · assets $2,647,559

    Directly controlled by MEETING STREET SCHOOLS

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202531349349307583

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.