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
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.