Virtual Learning Academy Charter School
Virtual Learning Academy Charter School reported $14.8 million in revenue and $14.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.55 went to program services, $6.45 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.7% of the total. Government grants made up 96.7%. The highest compensation it reported for one person was $173,404 (EXECUTIVE DI). 6 people received more than $100,000 in reportable compensation. Revenue rose 43% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $14MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 96.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $173,404 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.22% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 6 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -1.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseOperated a state charter school whereby the school: (a) used new and emerging distance learning technology to provide any time any place access to a rigorous personalized education that helped students learn today, graduate tomorrow and prepare for the future: (b) provided all students with the opportunity to personalize their education by combining rigourous academic study with the flexibility that is inherent in the any time any place philosophy: and (c) met the need of a wide variety of students and fostered 21st century skills such as global awareness, self-directed learning skills…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DI Officer, 40.00 hrs/week | $173,404 | $0 | $0 | $173,404 |
| CHIEF OPER. Highest compensated employee, 40.00 hrs/week | $114,851 | $0 | $0 | $114,851 |
| DIR OF PTNRS Highest compensated employee, 40.00 hrs/week | $112,748 | $0 | $0 | $112,748 |
| DIRECTOR OF Highest compensated employee, 40.00 hrs/week | $105,347 | $0 | $0 | $105,347 |
| CHIEF EXP. O Highest compensated employee, 40.00 hrs/week | $105,051 | $0 | $0 | $105,051 |
| DIRECTOR OF Highest compensated employee, 40.00 hrs/week | $102,604 | $0 | $0 | $102,604 |
6 people received more than $100,000 in reportable compensation from Virtual Learning Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $173K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5281
- Volunteers Part I, line 6349
Private foundation grants it received
1 private foundation reported grants to Virtual Learning Academy Charter School totaling $10,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Virtual Learning Academy Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Virtual Learning Academy Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Virtual Learning Academy Charter School spent in FY2025, $93.55 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Academy for Global Citizenship Charter SchoolChicago, IL · revenue $15M · programs 87.9% · FY2025
- Bronx Charter School for the ArtsBronx, NY · revenue $15M · programs 85.9% · FY2025
- Dublin SchoolDublin, NH · revenue $15M · programs 76.4% · FY2025
- Boston Latin School AssociationBoston, MA · revenue $15M · programs 77.8% · FY2025
- Southern Association of Colleges and Schools Commission on CollegesDecatur, GA · revenue $15M · programs 74.6% · FY2025
All education charities · Largest charities in New Hampshire
Questions people ask
How much of Virtual Learning Academy Charter School's spending goes to programs?
In the fiscal year ending June 30, 2025, Virtual Learning Academy Charter School reported that 93.5% of its $14.2 million in expenses went to program services, 6.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Virtual Learning Academy Charter School pay its top executive?
The largest total compensation Virtual Learning Academy Charter School reported for one person in the fiscal year ending June 30, 2025 was $173,404, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Virtual Learning Academy Charter School get its money?
Of $14.8 million in revenue in the fiscal year ending June 30, 2025, 96.7% came from contributions and grants (including 96.7% from government grants) and 2.7% from program service revenue (Form 990, Part VIII).
Is Virtual Learning Academy Charter School a registered charity?
The IRS lists EIN 56-2668724 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620839349300207 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500979349300835 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431289349302083 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223189349307992 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230279349300893 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202043089349301744 · read the filing
All filings for EIN 56-2668724: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.