The Villages Charter School Inc is a 501(c)(3) organization based in Middleton, Florida, registered in 2021, with $92,356,517 in FY2024 revenue. CharityIndex grades it A, and it directs about 97% of spending to programs.
Revenue (FY2024)
$92.4M
▼ 79.9% vs prior year
Education median: $200K
Expenses (FY2024)
$88.9M
Net assets
$610.5M
Employees
957
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 The Villages Charter School Inc: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 The Villages Charter School Inc: 82 mo reserves · +4% margin earns a B+ on this criterion. See the exact thresholds →
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 The Villages Charter School Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
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 The Villages Charter School Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Our mission is to provide quality learning opportunities that promote personal responsibility and inspire children's thirst for knowledge.
Revenue grew from $14.7M (FY2021) to $92.4M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$617.6M
Total liabilities
$7.0M
Net assets
$610.5M
Salaries & benefits
$41.0M
46% of expenses
Board members
5
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $92,356,517▼79.9% | $88,892,991▲6.8% | $610,535,728▲0.5% | $617,550,540▼1.4% | 990 |
| 2023 | $459,256,394▲56.8% | $83,214,970▲27.2% | $607,233,855▲163% | $626,077,834▲167% | 990 |
| 2022 | $292,859,541▲1898% | $65,435,911▲319% | $231,142,646▲29105% | $234,565,905▲5105% | 990 |
| 2021 | $14,655,662 | $15,607,705 | $791,442 | $4,506,747 | 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.
Highest-paid: Dr Randy Mcdaniel — $130,908 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Randy Mcdaniel | Dir of Education | 40 | $130,908 |
| Gina Ritch | Dir of Acct & Financ | 40 | $78,126 |
| Devon Wiechens | Vice-chairman | 1 | — |
| Dr Gary Lester | Chairman | 1 | — |
| Dr John Theeck | Director | 1 | — |
| Patricia Francis | Director | 1 | — |
| Scott Stephens | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Gmi Nation Florida LLC | Custodial & Mtc Svcs | $6,131,762 |
| Asg Solutions LLC | Landscaping | $2,205,539 |
| American Janitorial Inc | Custodial | $679,906 |
| United Refrigeration Inc | Hvac Repair | $575,045 |
| Sumter Co Board of County Commissioners | School Resource Office Contract | $521,246 |
9 grants to The Villages Charter School Inc totaling $120K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Leesburg Regional Medical Center Inc | Program support | 2020 | $20,000 |
| Villages Tri-county Medical Center Inc | Sponsorship | 2018 | $10,000 |
| Leesburg Regional Medical Center Inc | Sponsorship | 2018 | $10,000 |
| Villages Tri-county Medical Center Inc | Sponsorship | 2017 | $10,000 |
| Leesburg Regional Medical Center Inc | Sponsorship | 2017 | $10,000 |
| Leesburg Regional Medical Center Inc | Sponsorship | 2016 | $10,000 |
| Villages Tri-county Medical Center Inc | Sponsorship | 2016 | $10,000 |
| Leesburg Regional Medical Center Inc | Sponsorship | 2015 | $20,000 |
| Villages Tri-county Medical Center Inc | Sponsorship | 2015 | $20,000 |
Explore more
Data for The Villages Charter School Inc (EIN 59-3597803) 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.