Totals
- Total revenue
- $10,421,044
- Total expenses
- $11,826,807
- Contributions and grants received
- $4,623,365
- Grants paid
- $0
- Program service revenue
- $5,752,486
- Investment income
- $45,193
- Other revenue
- $0
- Total assets, end of year
- $21,093,608
- Total liabilities, end of year
- $24,612,537
- Net assets or fund balances, end of year
- -$3,518,929
- Program services expenses (Part IX)
- $7,476,780
- Management and general expenses
- $4,350,027
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,476,780
Program services were 63.2% 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)
$4,422,364
-
1f · All other contributions, gifts and grants
$201,001
-
2a · Program service revenue: Per Pupil Revenue
total $5,694,386 · related or exempt $5,694,386
-
2b · Program service revenue: Student Fees and Activities
total $58,100 · related or exempt $58,100
-
3 · Investment income
total $45,193 · excluded $45,193
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $71,580 · management and general $71,580
-
7 · Other salaries and wages
total $4,196,218 · program services $3,183,523 · management and general $1,012,695
-
8 · Pension plan contributions
total $3,648,098 · program services $2,775,134 · management and general $872,964
-
9 · Other employee benefits
total $321,417 · program services $272,735 · management and general $48,682
-
10 · Payroll taxes
total $61,080 · program services $45,199 · management and general $15,881
-
11b · Fees: legal
total $37,306 · management and general $37,306
-
11c · Fees: accounting
total $2,300 · management and general $2,300
-
11g · Fees: other
total $969,774 · program services $138,028 · management and general $831,746
-
12 · Advertising and promotion
total $5,494 · management and general $5,494
-
14 · Information technology
total $391,609 · program services $164,378 · management and general $227,231
-
16 · Occupancy
total $477,036 · management and general $477,036
-
17 · Travel
total $245,284 · program services $719 · management and general $244,565
-
20 · Interest
total $670,984 · program services $670,984
-
22 · Depreciation, depletion and amortization
total $286,369 · management and general $286,369
-
23 · Insurance
total $49,412 · management and general $49,412
-
24a · Other expenses: Supplies
total $392,596 · program services $226,080 · management and general $166,516
-
24e · All other expenses
total $250 · management and general $250
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,426,119 · end of year $2,746,925
-
2 · Savings and temporary cash investments
beginning of year $1,063,688 · end of year $1,095,251
-
3 · Pledges and grants receivable
beginning of year $278,191 · end of year $451,417
-
9 · Prepaid expenses and deferred charges
beginning of year $67,033 · end of year $52,457
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $138,404
-
15 · Other assets
beginning of year $15,953,148 · end of year $16,747,558
-
17 · Accounts payable and accrued expenses
beginning of year $561,337 · end of year $431,144
-
19 · Deferred revenue
beginning of year $425 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $15,176,703 · end of year $14,895,727
-
25 · Other liabilities
beginning of year $6,301,284 · end of year $9,285,666
-
29 · Capital stock, trust principal or current funds
beginning of year $680,507 · end of year -$1,084,873
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year -$2,793,673 · end of year -$2,434,056
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
See Schedule ODesigned with an extended school day and a slightly longer school year, and with a focus on developing strong skills in literacy and math, Vega Collegiate Academy Charter School executes an academically rigorous curriculum that pushes students to engage deeply with text and to think critically about their learning in every content area. Every instructional minute, students work to master ambitious, Common Core aligned standards. Every assessment is informed by rigorous national and state standards and well-respected national reading requirements. Support is immediately provided to students who demonstrate the need for additional assistance, further acceleration, or have individual learning needs.
Activities or mission (Part I)
See Schedule O.Designed with an extended school day and a slightly longer school year, and with a focus on developing strong skills in literacy and math, Vega Collegiate Academy Charter School executes an academically rigorous curriculum that pushes students to engage deeply with text and to think critically about their learning in every content area. Every instructional minute, students work to master ambitious, Common Core aligned standards. Every assessment is informed by rigorous national and state standards and well-respected national reading requirements. Support is immediately provided to students who demonstrate the need for additional assistance, further acceleration, or have individual learning needs.
-
Vega Collegiate Academy is a public charter school with a student count of approximately 550 students for 2022-2023.
Expenses $7,476,780 · Revenue $5,752,486
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mark Marshall
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Miguel Lovato
Vice-Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Audrey Sevalt
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Wendy Swanhorst
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
John Bales
Director
- Total calculated
- $0
- Hours/week
- 2
-
Taryn Tong
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kathryn Mullins
Executive Director
- Total calculated
- $155,028
- From this org
- $123,744
- From related orgs
- $0
- Other
- $31,284
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $123,744
- Bonus
- $0
- Other
- $0
- Deferred
- $25,292
- Nontaxable benefits
- $5,992
- Filer's total
- $155,028
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
None.
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411349349307266
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