Overview

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Est.

2010

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

I-LEAD Charter School was a nonprofit organization operating a charter school in Reading, Pennsylvania, focused on providing educational opportunities for youth in grades nine through twelve who were disconnected from traditional schooling, enabling them to re-engage in their education and transition into adulthood. The organization had an operating budget of $749.4K and total revenue of $774.5K in 2021, with no single funder contributing 50% or more of its revenue. Following the non-renewal of its charter on June 30, 2020, the organization is currently limited to closing out its operations.

Mission Statement

THE ORGANIZATION OPERATED A CHARTER SCHOOL LOCATED IN READING, PENNSYLVANIA, THROUGH JUNE 30, 2020. THE SCHOOL SERVED YOUTH ENROLLED IN GRADES NINE THROUGH TWELVE DISCONNECTED FROM SCHOOL WITH THE OPPORTUNITY TO RE-ENGAGE IN THEIR EDUCATION AND TRANSITION SUCCESSFULLY INTO ADULTHOOD. THE SCHOOL'S CHARTER WAS NOT RENEWED, AND ACTIVITY IS LIMITED TO CLOSING OUT OPERATIONS.
Revenues
$774.5K
Expenses
$749.4K
Net Income:
+$25.1K
Assets
$708.8K
Liabilities
$59.6K
Net Assets:
+$649.2K
Operating Budget
$749.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Listed as revoked
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Total No. of Grants
1
Median grant size
$8.8K
Largest grant received
$8.8K
A
Anthony Montemurro
Board Member
A
Angelo Romaneillo
Executive
A
Angel Figueroa
Board Member

Frequently Asked Questions

What is I-LEAD CHARTER SCHOOL’s budget?
In 2021, I-LEAD CHARTER SCHOOL reported an annual operating budget of around $749 thousand. More detailed financial information is available to registered users.
What causes does I-LEAD CHARTER SCHOOL support?
I-LEAD CHARTER SCHOOL supports work in Charter school education.
Where does I-LEAD CHARTER SCHOOL operate?
I-LEAD CHARTER SCHOOL is headquartered in reading, PA.
Who funded I-LEAD CHARTER SCHOOL recently?
In 2022, I-LEAD CHARTER SCHOOL received grants from GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION, GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION, and INSTITUTE FOR LEADERSHIP EDUCATION ADVA. More information on this organization’s funders is available to registered users.
What is the largest grant I-LEAD CHARTER SCHOOL received in 2022?
The largest grant to I-LEAD CHARTER SCHOOL in 2022 exceeds $8,750.
What is I-LEAD CHARTER SCHOOL’s reliance on government grants?
I-LEAD CHARTER SCHOOL relied on government grants for more than 95% of their total revenue in 2021.