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Nonprofiteer
← CRISTO REY CHARLESTON HIGH SCHOOL INC

Form 990 for tax year 2025

Filed by CRISTO REY CHARLESTON HIGH SCHOOL INC.

Totals

Total revenue
$2,613,444
Total expenses
$326,419
Contributions and grants received
$2,561,255
Grants paid
$0
Program service revenue
$0
Investment income
$42,189
Other revenue
$10,000
Total assets, end of year
$3,073,638
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,073,638
Program services expenses (Part IX)
$0
Management and general expenses
$326,419
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $25,000

  • 1f · All other contributions, gifts and grants

    $2,536,255

  • 1g · Noncash contributions included above

    $201,458

  • 3 · Investment income

    total $42,189 · related or exempt $42,189 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11d · All other revenue

    total $10,000 · related or exempt $10,000 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $10,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $58,460 · management and general $58,460

  • 10 · Payroll taxes

    total $1,480 · management and general $1,480

  • 11a · Fees: management

    total $210,502 · management and general $210,502

  • 11b · Fees: legal

    total $11,100 · management and general $11,100

  • 11g · Fees: other

    total $3,356 · management and general $3,356

  • 12 · Advertising and promotion

    total $7,750 · management and general $7,750

  • 13 · Office expenses

    total $4,673 · management and general $4,673

  • 16 · Occupancy

    total $8,000 · management and general $8,000

  • 17 · Travel

    total $10,250 · management and general $10,250

  • 23 · Insurance

    total $10,848 · management and general $10,848

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,389 · end of year $120,000

  • 2 · Savings and temporary cash investments

    beginning of year $769,299 · end of year $2,672,713

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

    $281,200

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

    $275

  • 10c · Land, buildings and equipment, net

    end of year $280,925

  • 15 · Other assets

    beginning of year $925

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $786,613 · end of year $3,073,638

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

Cristo Rey Charleston High School (CRC), opening for students in 2027, is an independent, Catholic, college-preparatory high school exclusively for students of limited economic means, of all faiths. Combining rigorous academics and a unique work-study model in which students will earn a portion of their tuition while working in professional settings one day each week, CRC will serve under-resourced communities by providing families an affordable alternative for quality education.

Activities or mission (Part I)

CRISTO REY CHARLESTON HIGH SCHOOL WILL BE AN INDEPENDENT, CATHOLIC, COLLEGE PREPARATORY SCHOOL FOR STUDENTS OF ALL FAITHS WHO CANNOT OTHERWISE AFFORD A PRIVATE EDUCATION. CRISTO REY CHARLESTON HIGH SCHOOL WILL COMBINE RIGOROUS ACADEMICS WITH A UNIQUE WORK STUDY MODEL.

  • Cristo Rey High School continues to raise funds and create infrastructure in anticipation of a school opening in 2027

As filed on the 2025 return.

Listed in Part VII

  • Shenita Vanish

    President

    Total calculated
    $59,940
    From this org
    $59,940
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Tim Hayes

    Chairman of the Board

    Total calculated
    $0
    Hours/week
    20
  • William Hecht

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Elizabeth Cahill

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Jack Cassidy

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • William Dunn

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Cheryl Cromwell

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Colleen Fulkerson

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • David Graf Jr

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Conor Heaton

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • William Kunkel

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Miriam Brackett-Santos

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Shawn Saulsberry

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • William Stanfield

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • David White

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Michael Acquilano

    Board Member

    Total calculated
    $0
    Hours/week
    4
  • Joanna Wusinich

    Secretary

    Total calculated
    $0
    Hours/week
    10

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
14 May 2026
IRS schema version
2025v4.0
Source object
202611349349312101

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