Lead Charter Schools
Lead Charter Schools reported $10.5 million in revenue and $10.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.92 went to program services, $23.71 to management and general costs and $0.37 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.5% of the total. Government grants made up 20.3%. The highest compensation it reported for one person was $215,855 (VICE PRESIDE). 7 people received more than $100,000 in reportable compensation. Revenue rose 50% 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 $10MFor 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 $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 20.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 20.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $215,855 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.07% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 5 | 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 expenseLeading edge academy will develop lifelong learners who lead with character and achieve academic excellence by educating the whole child and fostering community and parental partnerships. The school provides instruction to students in kindergarten through 12th grade
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 |
|---|---|---|---|---|
| VICE PRESIDE Director/trustee, officer, 40.00 hrs/week | $0 | $205,550 | $10,305 | $215,855 |
| PRESIDENT Officer, 40.00 hrs/week | $0 | $170,285 | $8,506 | $178,791 |
| PRINCIPAL Officer, 40.00 hrs/week | $115,219 | $0 | $6,042 | $121,261 |
| FINANCE DIRE Officer, 40.00 hrs/week | $0 | $106,055 | $5,111 | $111,166 |
| SECRETARY Officer, 40.00 hrs/week | $0 | $89,542 | $7,709 | $97,251 |
7 people received more than $100,000 in reportable compensation from Lead Charter Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $121K (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–1b5 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- 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 2Yes
- 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 5125
- Volunteers Part I, line 610
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ARIZONA CHARTER SOLUTIONS Mgmt svcs | $784,077 |
| 4 EVER CLEAN AZ Janitorial svcs | $296,132 |
| BORG HOLDINGS INC Lunch svcs | $275,127 |
| PREMIER STRATEGY GROUP Ertc tax svcs | $186,988 |
| EDUCATIONAL THERAPY SVCS INC Sped svcs | $151,957 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Lead Charter Schools totaling $76 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 Lead Charter Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lead Charter Schools, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lead Charter Schools spent in FY2025, $75.92 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- East Orange Community Charter SchoolEast Orange, NJ · revenue $11M · programs 61.3% · FY2025
- Learning Policy InstitutePalo Alto, CA · revenue $11M · programs 83.8% · 2024
- Hebrew Language Academy Charter School 2Brooklyn, NY · revenue $11M · programs 91.1% · FY2025
- Integrity Educational ServicesGrand Rapids, MI · revenue $11M · programs 97.8% · FY2025
- Tyler Junior College FoundationTyler, TX · revenue $11M · programs 85.4% · FY2025
Questions people ask
How much of Lead Charter Schools's spending goes to programs?
In the fiscal year ending June 30, 2025, Lead Charter Schools reported that 75.9% of its $10.5 million in expenses went to program services, 23.7% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does Lead Charter Schools pay its top executive?
The largest total compensation Lead Charter Schools reported for one person in the fiscal year ending June 30, 2025 was $215,855, for the role of VICE PRESIDE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lead Charter Schools get its money?
Of $10.5 million in revenue in the fiscal year ending June 30, 2025, 20.3% came from contributions and grants (including 20.3% from government grants) and 78.5% from program service revenue (Form 990, Part VIII).
Is Lead Charter Schools a registered charity?
The IRS lists EIN 74-3027316 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 202641349349303524 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521039349300317 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349306473 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331349349300618 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349309849 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120569349301872 · read the filing
All filings for EIN 74-3027316: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.