Pennwood Cyber Charter School
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NONE
- Income
- $11.3 million
- Spending
- $11.1 million
- Spent on programs
- 88%
- Reserves
- 0.2 months of spending
- Largest source of income
- fees for its services, 98%
- Employees
- 46
- Volunteers
- 0
- Highest pay
- $192,146, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 42 out of 100. Higher than 17% of charities in its peer group (education, $10m to $100m).
Reserves
4 of 35Spendable reserves would cover 0.2 months of spending.
Debt
2 of 20It owes 96% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $9.7 million spent. PENNWOOD CYBER CHARTER SCHOOL'S PRIMARY PROGRAM SERVICE ACCOMPLISHMENT WAS THE OPERATION OF A STATEWIDE, TUITION-FREE ONLINE PUBLIC SCHOOL SERVING STUDENTS IN KINDERGARTEN THROUGH GRADE 12 THROUGHOUT PENNSYLVANIA. THE SCHOOL PROVIDED STANDARDS-ALIGNED ACADEMIC INSTRUCTION THROUGH A VIRTUAL LEARNING PLATFORM STAFFED BY PENNSYLVANIA-CERTIFIED TEACHERS. PROGRAM SERVICES INCLUDED DELIVERY OF CORE ACADEMIC AND ELECTIVE COURSEWORK, INDIVIDUALIZED INSTRUCTION AND FLEXIBLE PACING, STUDENT ASSESSMENT AND PROGRESS MONITORING, SPECIAL EDUCATION AND RELATED SERVICES, GUIDANCE AND COUNSELING, AND COLLEGE AND CAREER READINESS PROGRAMMING. THE SCHOOL ALSO PROVIDED INSTRUCTIONAL MATERIALS, TECHNOLOGY, AND STUDENT SUPPORT SERVICES NECESSARY TO ENSURE STUDENT ACCESS TO AND PARTICIPATION IN THE ONLINE EDUCATIONAL PROGRAM.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in January 2026. It is too new to have a track record.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.