Nonprofit · EIN 23-2965591
SCHOOL LANE CHARTER SCHOOL
Tax-exempt · BENSALEM, PA 19020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $29,894,246 | $24,058,323 | $5,835,923 | $62,130,279 | $45,719,721 | $16,410,558 |
| June 30, 2024 | 990 | $27,152,566 | $23,056,970 | $4,095,596 | $58,704,699 | $47,829,885 | $10,874,814 |
| June 30, 2023 | 990 | $24,331,211 | $21,478,544 | $2,852,667 | $54,816,897 | $48,037,679 | $6,779,218 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,264,017
- of which government grants
- $2,264,017
- Program service revenue
- $26,648,198
- Investment income
- $877,913
- Net gain from sales of assets
- -$9,556
- Other revenue
- $104,118
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $677,003
- Other salaries and wages
- $11,837,063
- Salaries, compensation and benefits (total)
- $16,737,596
- Professional fundraising fees
- $0
- Legal fees
- $42,262
- Accounting fees
- $33,740
- Occupancy
- $1,035,326
- Travel
- $51,614
- Depreciation
- $1,518,198
- Program services (functional)
- $20,620,130
- Management and general (functional)
- $3,438,193
Balance sheet and other
- Total assets, start of year
- $58,704,699
- Total assets, end of year
- $62,130,279
- Total liabilities, end of year
- $45,719,721
- Net assets, end of year
- $16,410,558
- Land, buildings and equipment
- $26,918,111
- Gross receipts
- $29,903,802
- Employees
- 235
- Volunteers
- 183
- Year formed
- 1998
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAREN A SCHADE | CHIEF EXECUTIVE OFFICER Officer | 40 | $217,245 | $81,842 |
| JAMES MUNIZZA | DIRECTOR OF ASSESSMENT, DATA OF TECHNOLOGY Highest-paid employee | 40 | $157,150 | $64,462 |
| MICHELLE STRIDE | VP OF SPECIAL EDUCATION Highest-paid employee | 40 | $148,850 | $65,871 |
| DAVID ROBINSON | PRINCIPAL Key employee | 40 | $174,282 | $32,149 |
| COLETTE WEBER | PRINCIPAL Key employee | 40 | $155,563 | $15,922 |
| KRISTIN HOKANSON | CURRICULUM Highest-paid employee | 40 | $141,300 | $29,851 |
| PETER HYAMS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOE CUMMONS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| VIVEK PATEL | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KELLY MCGEE | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LEOLENE CARRINGTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ED GUSTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL MAHALIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HEATHER O'DONNELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAREN A SCHADE | CEO Officer | 40 | $210,300 | $83,638 |
| KRISTIN HOKANSON | CURRICULUM Highest-paid employee | 40 | $166,020 | $57,911 |
| JAMES MUNIZZA | DIRECTOR OF ASSESSMENT , D Highest-paid employee | 40 | $151,050 | $62,006 |
| DAVID ROBINSON | PRINCIPAL Highest-paid employee | 40 | $168,850 | $27,553 |
| MICHELLE STRIDE | VP OF SPECIAL EDUCATION Highest-paid employee | 40 | $136,100 | $55,406 |
| COLETTE WEBER | PRINCIPAL Highest-paid employee | 40 | $150,630 | $15,406 |
| SURYA VEDULA | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ED GUSTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BHARVIN PATEL | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KELLY MCGEE | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER HYAMS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH CUMMONS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| VIVEK PATEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HEATHER O'DONNELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOY SNYDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAREN A SCHADE | CEO Officer | 40 | $213,500 | $78,471 |
| KRISTIN HOKANSON | CURRICULUM Highest-paid employee | 40 | $158,900 | $56,142 |
| JAMES MUNIZZA | DIRECTOR OF ASSESSMENT , DATA, AND TECHNOLOGU Highest-paid employee | 40 | $141,885 | $60,431 |
| MICHELLE STRIDE | VICE PRINCIPAL Highest-paid employee | 40 | $135,165 | $57,815 |
| DAVID ROBINSON | PRINCIPAL Highest-paid employee | 40 | $160,600 | $22,908 |
| PETER HYAMS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOSEPH CUMMONS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BHARVIN PATEL | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROSITA SHAW | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ED GUSTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KELLY MAGEE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SURYA VEDULA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN MARKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOY SNYDER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3340 TILLMAN DR, BENSALEM, PA 19020-2030
- Principal officer (990 for 2024)
- KAREN A SCHADE, 3340 TILLMAN DRIVE, BENSALEM, PA 190202030
- Signed the 990
- KAREN A SCHADE, CEO
- Phone
- (215) 245-6055
- Website
- WWW.SCHOOLLANE.ORG
- Return prepared by
- MAILLIE LLP
Mission
THE ORGANIZATION'S MISSION IS TO CREATE A SANCTUARY WHERE ALL MEMBERS OF THE LEARNING COMMUNITY ARE PARTNERS AND SHOW BY EXAMPLE THEIR COMMITMENT TO THE SCHOOL LANE CHARTER SCHOOL VISION OF HIGH ACHIEVEMENT, LIFELONG AND ACTIVE LEARNING, DIVERSITY AND EQUITY, INTERNATIONAL MINDEDNESS AND COLLABORATIVE PROBLEM SOLVING.
Program accomplishments
- PROGRAM EXPENDITURES USED TO OPERATE THE CHARTER SCHOOL FOR SCHOOL CHILDREN K-12.Expenses $20,620,130 · revenue $26,648,198
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2965591
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20Z)
- Assets (IRS master file)
- $62,130,279
- Income (IRS master file)
- $29,903,802
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $29,894,246 | $24,058,323 | $62,130,279 | XML |
| 990 | June 2024 | $27,152,566 | $23,056,970 | $58,704,699 | XML |
| 990 | June 2023 | $24,331,211 | $21,478,544 | $54,816,897 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2965591).
Questions about SCHOOL LANE CHARTER SCHOOL
- What is the EIN of SCHOOL LANE CHARTER SCHOOL?
- The employer identification number (EIN) of SCHOOL LANE CHARTER SCHOOL is 23-2965591.
- Is SCHOOL LANE CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to SCHOOL LANE CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SCHOOL LANE CHARTER SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SCHOOL LANE CHARTER SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SCHOOL LANE CHARTER SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SCHOOL LANE CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names KAREN A SCHADE.
- Who are the officers and directors of SCHOOL LANE CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 14 people; 6 received compensation from the organization, the highest $217,245 (KAREN A SCHADE, CHIEF EXECUTIVE OFFICER).
- How much revenue does SCHOOL LANE CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $29,894,246, expenses of $24,058,323 and total assets of $62,130,279 at year end.
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