MAYA ANGELOU PUBLIC CHARTER SCHOOL
Mission Statement
The Maya Angelou Schools is an alternative charter school network serving disconnected and incarcerated youth and young adults in Washington, DC, supported by management, advocacy, and fundraising arm the See Forever Foundation. Our?mission is to create inclusive learning environments in low-income,?urban communities where our at-promise students can reach their potential and prepare for college, careers, and a lifetime of success. In concert with a rigorous academic curriculum, students receive wraparound supports including mental health counseling, post-secondary transition planning, workforce development, and a residential program for our students who we feel could benefit from the structure and additional support.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.8% | 84.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.4% | 13.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 0.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.3 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
30.9% | 34.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.2% | 87.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
39.6% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
31.5% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.5% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $22.8M | $19.3M | $19.7M | 89.8% | 177 |
| 2022 | $16.3M | $14.6M | $16.1M | 91.2% | 139 |
| 2021 | $11.8M | $11.2M | N/A | — | 106 |
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