Pennsylvania Virtual Charter School
62% goes to programs $0 to raise $100 Strong reserves Growing revenue
Pennsylvania Virtual Charter School is a 501(c)(3) organization based in Kng of Prussa, Pennsylvania, registered in 2003, with $63,422,840 in FY2023 revenue. CharityIndex grades it B+, and it directs about 62% of spending to programs.
630 Park Ave, Kng of Prussa, PA, 19406 EIN 23-3075231 Since 2003
Revenue (FY2023)
$63.4M
▲ 12.4% vs prior year
Education median: $200K
Expenses (FY2023)
$51.1M
Net assets
$41.9M
Employees
334
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating62% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Pennsylvania Virtual Charter School: 62% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pennsylvania Virtual Charter School: 10 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pennsylvania Virtual Charter School: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pennsylvania Virtual Charter School: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide pennsylvania public k-12 students asuperior cyber charter option, continuouslyimproving by using innovative technologies,well-rounded curricula, and individualizededucational delivery in safe learningenvironments. pa virtual seeks to equip ourstudents with excellent academic education,social skills, and character development fortheir lives as productive 21st-century citizens.
What they do
Federal title programs (title i, ii, iv). title i is authorized by the no child left behind act of 2001, which is the largest federally funded educational program. the purpose of this title is to ensure that all children have a fair, equal, and significant opportunity to obtain a high-quality education and reach, at a minimum, proficiency on challenging state academic achievement standards and state academic assessments. this program authorized by congress, provides supplemental funds to school districts and designed to assist students in meeting state content and performance standards in reading, language arts, and mathematics (basic programs). title ii provides funding for professional development to support achievement and maintain a highly qualified teaching staff. title iv's purpose is to support programs that prevent violence in and around schools; that prevent the illegal use of alcohol, tobacco, and drugs; that involve parents and communities; and that are coordinated with related federal, state, school, and community efforts and resources to foster a safe and drug-free learning environment that supports student academic achievement
Idea - the amendments to the individuals with disabilities education improvement act (ideia) of 2004 and pennsylvania regulations mandate that every charter school in the state develop a system to identify children with disabilities who are enrolled in the school. pavcs will locate, identify, and evaluate children who enroll in pavcs in accordance with all federal regulations and state standards. in addition pavcs shall provide an eligible child and his/her parent/guardian with safeguards, as required by applicable law. pavcs incurred expenses for physical support services, psychological testing, and speech support services while carrying out its program for students with disabilities.
On may 4, 2020, the pennsylvania department of education submitted its elementary and secondary school emergency relief (esser) fund application to the u.s. department of education (usde) to obtain $523.8 million in emergency, one-time funds to help schools respond to covid-19 impacts.
Contact & location
- Address
- 630 Park Ave, Kng of Prussa, PA, 19406
- City
- Kng of Prussa
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Educational Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $31.6M (FY2013) to $63.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $8.8MNet assets $41.9M
Operating margin
19.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$50.7M
Total liabilities
$8.8M
Net assets
$41.9M
Salaries & benefits
$34.8M
68% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $63,422,840▲12.4% | $51,102,483▼3.1% | $41,945,565▲41.6% | $50,733,158▲28.0% | 990 |
| 2022 | $56,437,458▲0.2% | $52,758,439▲5.9% | $29,625,208▲14.2% | $39,631,620▲29.7% | 990 |
| 2021 | $56,299,619▲14.7% | $49,814,584▲21.3% | $25,946,189▲33.3% | $30,548,587▲22.7% | 990 |
| 2020 | $49,068,085▲47.1% | $41,080,451▲19.9% | $19,461,154▲69.6% | $24,898,829▲20.5% | 990 |
| 2019 | $33,358,734▲5.2% | $34,260,343▲4.5% | $11,473,520▼7.3% | $20,663,827▲20.2% | 990 |
| 2018 | $31,706,702▲2.0% | $32,772,684▲2.8% | $12,375,129▼7.9% | $17,193,971▼5.4% | 990 |
| 2017 | $31,080,925▲6.8% | $31,868,911▲10.0% | $13,441,111▼5.5% | $18,165,889▼4.8% | 990 |
| 2016 | $29,102,760▼3.2% | $28,973,127▼1.2% | $14,229,097▲0.9% | $19,078,457▲9.7% | 990 |
| 2015 | $30,053,397▲0.4% | $29,332,691▲2.4% | $14,099,464▲5.4% | $17,398,139▲1.0% | 990 |
| 2014 | $29,948,520▼5.3% | $28,655,102▼4.9% | $13,378,758▲10.7% | $17,223,149▲2.2% | 990 |
| 2013 | $31,631,086 | $30,147,025▼18.0% | $12,085,340▲14.0% | $16,844,715▲15.1% | 990 |
| 2012 | — | $36,756,998▼3.5% | $10,601,279▼14.7% | $14,630,656▼3.2% | 990 |
| 2011 | — | $38,108,301▲1.9% | $12,428,819▲2.4% | $15,119,828▼6.2% | 990 |
| 2010 | — | $37,397,477▲3.1% | $12,142,818▲9.5% | $16,125,695▼16.4% | 990 |
| 2009 | — | $36,268,024 | $11,084,784 | $19,296,025 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Dr Debra Heath-thornton — $190,723 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Debra Heath-thornton | Chief Executive Officer | 40 | $190,723 |
| Sherri Tate | Chief Hr & Marketing Offic | 40 | $189,944 |
| Shaikha Buali | Chief Academic Officer | 40 | $141,087 |
| Steven Schutt | Principal, Elementary | 40 | $132,008 |
| Melissa Paris | Chief Financial Officer | 40 | $105,000 |
| Bonnie M Schaefer | President | 1 | — |
| Brenda Sachleben | Vice President | 0.5 | — |
| Carl Schwartz | Board Member | 0.5 | — |
| Sophia Lewis | Secretary | 0.5 | — |
| Stephanie Hamel | Board Member | 0.5 | — |
| Victor Valentine | Treasurer | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mckenna Snyder LLC | Legal Services | $232,883 |
| Inflight LLC | Educational Consultant | $116,000 |
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Compare Pennsylvania Virtual Charter School
Frequently asked questions
- Is Pennsylvania Virtual Charter School a legitimate nonprofit?
- Yes. Pennsylvania Virtual Charter School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-3075231, based in Kng of Prussa, Pennsylvania. Donations are tax-deductible.
- What is Pennsylvania Virtual Charter School's EIN?
- Pennsylvania Virtual Charter School's Employer Identification Number (EIN) is 23-3075231.
- How much revenue does Pennsylvania Virtual Charter School report?
- Pennsylvania Virtual Charter School reported $63,422,840 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Pennsylvania Virtual Charter School's spending goes to programs?
- Pennsylvania Virtual Charter School spends about 62% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pennsylvania Virtual Charter School have?
- CharityIndex grades Pennsylvania Virtual Charter School B+, based on program efficiency and fundraising cost.
- How much does Pennsylvania Virtual Charter School's highest-paid employee make?
- The highest reported compensation on Pennsylvania Virtual Charter School's latest Form 990 is $190,723, paid to Dr Debra Heath-thornton (Chief Executive Officer).
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Data for Pennsylvania Virtual Charter School (EIN 23-3075231) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.