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Charter School Of New Castle Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (B29) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$14.9M (2023)

Expenses
$14.6M (2023)

Total Assets
$13.7M (2023)

Total Liabilities
$28.6M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,898,825
Expenses
$14,599,354
Net Income
$299,471
Net Assets
-$14,921,282
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,104,611
74.5%
Program Services $3,762,714
25.3%
Investment Income $31,500
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $376,610
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,258,729
29.2%
Assets/Debt
Total Assets $13,691,501
Total Liabilities $28,612,783
Net Assets -$14,921,282
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Laretha Cherise Powell Odumosu (Executive Director Middl) $134,608 $0 $31,223
Rachel Valentin (Executive Director Eleme) $134,608 $0 $47,274
Amy Novosel (Employee) $107,394 $0 $47,285
Brett Taylor (President) $0 $0 $0
Nakishia Williams Bailey Phd (Vice President) $0 $0 $0
Thomas Preston (Treasurer) $0 $0 $0
Kathleen Connor (Secretary) $0 $0 $0
Geneer Johnson (Board Member) $0 $0 $0
Henry Naylor Iv (Board Member) $0 $0 $0
Latanya Pierce (Board Member) $0 $0 $0
Geamarice Napier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,690,382
Expenses
$8,983,364
Net Income
$4,707,018
Net Assets
-$15,220,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,738,419
63.8%
Program Services $3,423,451
25.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,528,512
11.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,360,867
48.5%
Assets/Debt
Total Assets $17,629,951
Total Liabilities $32,850,704
Net Assets -$15,220,753
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Laretha Cherise Powell Odumosu (Executive Director Middl) $131,325 $0 $64,657
Rachel Valentin (Executive Director Eleme) $131,325 $0 $51,492
Amy Novosel (Employee) $105,807 $0 $57,860
Brett Taylor (President) $0 $0 $0
Nakishia Williams Bailey Phd (Vice President) $0 $0 $0
Thomas Preston (Treasurer) $0 $0 $0
Kathleen Connor (Secretary) $0 $0 $0
Geneer Johnson (Board Member) $0 $0 $0
Henry Naylor Iv (Board Member) $0 $0 $0
Latanya Pierce (Board Member) $0 $0 $0
Geamarice Napier (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,266,040
Expenses
$11,264,266
Net Income
$1,774
Net Assets
-$19,927,771
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,752,685
68.8%
Program Services $3,493,000
31.0%
Investment Income $20,355
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,214,948
37.4%
Assets/Debt
Total Assets $11,244,904
Total Liabilities $31,172,675
Net Assets -$19,927,771
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Laretha Cherise Powell Odumosu (Executive Director Middl) $137,500 $0 $59,604
Rachel Valentin (Executive Director Eleme) $137,500 $0 $47,666
Brett Taylor (President) $0 $0 $0
Nakishia Williams Bailey Phd (Vice President) $0 $0 $0
Thomas Preston (Treasurer) $0 $0 $0
Melissa Green Esq (Secretary) $0 $0 $0
Geneer Johnson (Parent Representative) $0 $0 $0
Kathleen R Connor (Retired Employee) $0 $0 $0
Chiamaka Osegbu (Teacher Representative) $0 $0 $0
Charles S Mcdowell Esq (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,632,735
Expenses
$11,225,051
Net Income
-$592,316
Net Assets
-$19,929,545
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,138,786
67.1%
Program Services $3,456,162
32.5%
Investment Income $37,787
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,266,120
38.0%
Assets/Debt
Total Assets $7,127,307
Total Liabilities $27,056,852
Net Assets -$19,929,545
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Laretha Cherise Powell Odumosu (Executive Director Middle School) $125,000 $0 $59,901
Rachel Valentin (Executive Director Elementary School) $125,000 $0 $46,737
Charles S Mcdowell Esq (President) $0 $0 $0
Nakishia Williams Bailey Phd (Vice President) $0 $0 $0
Brett Taylor (Treasurer) $0 $0 $0
Thomas Preston (Secretary) $0 $0 $0
Geneer Johnson (Parent Representative) $0 $0 $0
Kathleen R Connor (Retired Employee) $0 $0 $0
Chiamaka Osegbu (Teacher Representative) $0 $0 $0
Melissa Green Esq (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,826,294
Expenses
$11,394,779
Net Income
-$568,485
Net Assets
-$19,337,229
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,668,966
70.8%
Program Services $2,774,157
25.6%
Investment Income $26,228
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $356,943
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $380,194
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $3,980,480
34.9%
Assets/Debt
Total Assets $6,032,396
Total Liabilities $25,369,625
Net Assets -$19,337,229
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Laretha Cherise Powell Odumosu (Employee) $113,037 $0 $56,208
Rachel Valentin (Employee) $111,037 $0 $42,528
Aaron Bass (Ceo) $98,026 $59,387 $46,940
Nicholas Medaglio (Cfo) $58,346 $35,228 $37,118
Charles S Mcdowell Esq (President) $0 $0 $0
Nakishia Williams Bailey Phd (Vice President) $0 $0 $0
Brett Taylor (Treasurer) $0 $0 $0
Thomas Preston (Secretary) $0 $0 $0
Geneer Johnson (Parent Representative) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,513,312
Expenses
$10,656,576
Net Income
-$1,143,264
Net Assets
-$18,768,744
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,660,956
70.0%
Program Services $2,662,812
28.0%
Investment Income $7,730
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $181,814
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $356,759
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $3,745,059
35.1%
Assets/Debt
Total Assets $7,114,234
Total Liabilities $25,882,978
Net Assets -$18,768,744
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Laretha Cherise Powell Odumosu (Employee) $112,487 $0 $56,317
Rachel Valentin (Employee) $110,487 $0 $42,638
Aaron Bass (Ceo) $96,074 $0 $47,090
Nicholas Medaglio (Chief Financial Officer) $55,785 $0 $37,214
Thomas C Humphrey (President) $0 $0 $0
Nakishia Williams Bailey Phd (Vice President) $0 $0 $0
Donna G Mitchell (Treasurer) $0 $0 $0
Hon Charles H Toliver Iv (Secretary) $0 $0 $0
Ganeer Johnson (Parent Representative) $0 $0 $0
Stephen Lamb Esq (Board Member) $0 $0 $0
Charles S Mcdowell Esq (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,568,341
Expenses
$10,375,505
Net Income
-$807,164
Net Assets
-$490,267
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,640,725
69.4%
Program Services $2,685,152
28.1%
Investment Income $22,170
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $220,294
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $209,571
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,847,986
37.1%
Assets/Debt
Total Assets $6,661,550
Total Liabilities $7,151,817
Net Assets -$490,267

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,148,906
Expenses
$9,025,064
Net Income
$123,842
Net Assets
$316,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,288,767
68.7%
Program Services $2,772,857
30.3%
Investment Income $17,770
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $69,512
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $219,265
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,615,135
40.1%
Assets/Debt
Total Assets $5,986,362
Total Liabilities $5,669,465
Net Assets $316,897
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lamont W Browne Edd (Head Of School) $99,557 $87,110 $59,712
Nicholas Medaglio Msed (Managing Director Of Finance & Operations) $31,677 $27,398 $17,487
Charles S Mcdowell Esq (Chairman) $0 $0 $0
Thomas C Humphrey (Treasurer) $0 $0 $0
Hon Charles H Toliver Iv (Secretary) $0 $0 $0
Nakisha Williams Bailey Phd (Vice Chair & Parent Rep) $0 $0 $0
Geneer Johnson (Parent Representative) $0 $0 $0
Karlee Reffuge (Teacher Representative) $0 $0 $0
Sara Vasko (Teacher Representative [Non Voting]) $0 $0 $0
Stephen Lamb Esq (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,141,001
Expenses
$9,067,344
Net Income
$73,657
Net Assets
$193,055
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,224,050
68.1%
Program Services $2,760,992
30.2%
Investment Income $15,892
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $140,067
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $165,848
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,530,258
38.9%
Assets/Debt
Total Assets $5,951,027
Total Liabilities $5,757,972
Net Assets $193,055
Other
Operated a school
Reported conflict of interest transactions
Reported a significant diversion of assets
Compensation
Key Employees and Officers Compensation Related Other
Dr Tennell Brewington (Former Co Director) $116,274 $0 $27,547
Sean Moore (Former Co Director) $115,506 $0 $27,364
Charles S Mcdowell Esq (Chairman) $0 $0 $0
Thomas C Humphrey (Treasurer) $0 $0 $0
Charles H Toliver Iv (Secretary) $0 $0 $0
Jason P Casper (Board Member) $0 $0 $0
Nakisha Williams Bailey (Board Member) $0 $0 $0
Geneer Johnson (Board Member) $0 $0 $0
Thomas P Preston (Board Member) $0 $0 $0
Lamont W Browne Edd (Head Of School) $0 $0 $0
Byron Brooks (Former President) $0 $0 $0
Monnica May (Former Board Member) $0 $0 $0
Gregory Smith (Former Board Member) $0 $0 $0
Rayne Fletcher (Former Board Member) $0 $0 $0
David Alston (Former Board Member, Teacher Representative) $0 $0 $0
Elijah Wilson (Former Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,150,276
Expenses
$8,547,871
Net Income
$602,405
Net Assets
$1,293,293
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,914,268
97.4%
Program Services $236,008
2.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $326,984
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $4,819,881
56.4%
Assets/Debt
Total Assets $6,130,891
Total Liabilities $4,837,598
Net Assets $1,293,293
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dr Tennell Brewington (Co Director & Chief Academ) $127,419 $0 $36,036
Sean Moore (Co Director & Chief Admini) $127,339 $0 $39,434
Byron Brooks (Board President) $0 $0 $0
S Rayne Fletcher (Board Member) $0 $0 $0
Monnica May (Board Member) $0 $0 $0
Gregory Smith (Board Member) $0 $0 $0
Elijah Wilson (Board Member) $0 $0 $0
David Alston (Teacher Representative) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,048,438
Expenses
$7,708,231
Net Income
$340,207
Net Assets
$690,888
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,706,886
95.8%
Program Services $341,552
4.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $242,550
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $4,283,545
55.6%
Assets/Debt
Total Assets $5,562,552
Total Liabilities $4,871,664
Net Assets $690,888

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,331,061
Expenses
$6,971,522
Net Income
$359,539
Net Assets
$350,681
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,079,499
96.6%
Program Services $251,562
3.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $211,000
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,760,480
53.9%
Assets/Debt
Total Assets $5,268,652
Total Liabilities $4,917,971
Net Assets $350,681

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,653,646
Expenses
$5,550,488
Net Income
$103,158
Net Assets
-$8,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,332,800
94.3%
Program Services $320,846
5.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $246,850
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,074,009
55.4%
Assets/Debt
Total Assets $5,033,743
Total Liabilities $5,042,601
Net Assets -$8,858

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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