Civic Intelligence

Ocean Charter School

990 • Fiscal year 2016 • EIN 02-0612690

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 03, 2017

Organization ProfileWWW.OCEANCHARTERSCHOOL.ORG
12606 Culver BlvdLos Angeles, CA 90066

(310) 827-5511

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.81x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

2.32x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

89th percentile

36%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

18th percentile

$134,453

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

99th percentile

200%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

118%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$27,657,102

Up $18,444,841 (+200%) from 2015

Net Assets

Up

$5,125,892

Up $3,527,412 (+221%) from 2015

Liabilities

Up

$22,531,210

Up $14,917,429 (+196%) from 2015

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin89th percentile

Revenue

Up

$9,701,458

Up $5,244,414 (+118%) from 2015

Expenses

Up

$6,174,046

Up $1,835,959 (+42%) from 2015

Net Income

Up

$3,527,412

Up $3,408,455 (+2865%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2011: $1,389,558Liabilities 2011: $140,448Net Assets 2011: $1,249,1102011Assets 2012: $9,021,644Liabilities 2012: $7,616,629Net Assets 2012: $1,405,0152012Assets 2013: $9,086,973Liabilities 2013: $7,622,766Net Assets 2013: $1,464,2072013Assets 2014: $9,304,980Liabilities 2014: $7,825,457Net Assets 2014: $1,479,5232014Assets 2015: $9,212,261Liabilities 2015: $7,613,781Net Assets 2015: $1,598,4802015Assets 2016: $27,657,102Liabilities 2016: $22,531,210Net Assets 2016: $5,125,8922016Assets 2017: $27,967,097Liabilities 2017: $22,776,906Net Assets 2017: $5,190,1912017Assets 2018: $53,967,442Liabilities 2018: $30,801,783Net Assets 2018: $23,165,6592018Assets 2019: $70,995,905Liabilities 2019: $29,090,145Net Assets 2019: $41,905,7602019Assets 2020: $78,042,243Liabilities 2020: $15,880,039Net Assets 2020: $62,162,2042020Assets 2021: $59,974,636Liabilities 2021: $13,825,896Net Assets 2021: $46,148,7402021Assets 2022: $59,238,580Liabilities 2022: $12,852,005Net Assets 2022: $46,386,5752022Assets 2023: $58,695,248Liabilities 2023: $12,761,286Net Assets 2023: $45,933,9622023Assets 2024: $57,550,454Liabilities 2024: $12,247,989Net Assets 2024: $45,302,4652024

Highlighted filing

2016

Assets$27,657,102
Liabilities$22,531,210
Net Assets$5,125,892
Open 2016 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $3,182,491Expenses 2011: $3,210,881Net Income 2011: -$28,3902011Expenses 2012: $3,511,8652012Revenue 2013: $3,590,825Expenses 2013: $3,531,633Net Income 2013: $59,1922013Revenue 2014: $3,879,087Expenses 2014: $3,863,771Net Income 2014: $15,3162014Revenue 2015: $4,457,044Expenses 2015: $4,338,087Net Income 2015: $118,9572015Revenue 2016: $9,701,458Expenses 2016: $6,174,046Net Income 2016: $3,527,4122016Revenue 2017: $5,361,688Expenses 2017: $5,297,389Net Income 2017: $64,2992017Revenue 2018: $23,600,102Expenses 2018: $5,624,634Net Income 2018: $17,975,4682018Revenue 2019: $24,898,544Expenses 2019: $6,158,443Net Income 2019: $18,740,1012019Revenue 2020: $26,128,616Expenses 2020: $5,872,172Net Income 2020: $20,256,4442020Revenue 2021: $11,154,446Expenses 2021: $6,390,573Net Income 2021: $4,763,8732021Revenue 2022: $8,101,085Expenses 2022: $7,863,250Net Income 2022: $237,8352022Revenue 2023: $8,261,048Expenses 2023: $8,713,661Net Income 2023: -$452,6132023Revenue 2024: $8,216,715Expenses 2024: $8,848,212Net Income 2024: -$631,4972024

Highlighted filing

2016

Revenue$9,701,458
Expenses$6,174,046
Net Income$3,527,412
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 3, 2017
Return Version
2015v3.0
Gross Receipts
$9,761,873
Mission and Program Overview

Mission

Ocean charter school addresses the california common core standards through the mindful implementation of waldorf education.

To operate a california public charter school for grades k-8th grades.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$158,206$21,643,517▲ $21,485,311
Savings and Temporary Cash Investments$8,567,406$511,864▼ $8,055,542
Accounts Receivable$410,563$473,018▲ $62,455
Prepaid Expenses and Deferred Charges$76,086$71,550▼ $4,536
Total Assets$9,212,261$27,657,102▲ $18,444,841
Other Assets Total$0$4,957,153▲ $4,957,153
Liabilities
Unsecured Notes Loans Payable$86,364$22,262,324▲ $22,175,960
Accounts Payable and Accrued Expenses$151,596$249,986▲ $98,390
Deferred Revenue$7,375,821$18,900▼ $7,356,921
Total Liabilities$7,613,781$22,531,210▲ $14,917,429
Net Assets / Fund Balance
Unrestricted Net Assets$1,598,480$5,125,892▲ $3,527,412
Total Net Assets Fund Balance$1,598,480$5,125,892▲ $3,527,412
Total Liabilities and Net Assets / Fund Balance$9,212,261$27,657,102▲ $18,444,841

Asset Categories

AssetBook ValueDepreciationBasis
Land$20,254,150-$20,254,150
Other Land Buildings$1,388,207$171,071$1,559,278
Buildings$1,160$340$1,500
Other Assets Org$4,957,153--
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie EdwardsExecutive DirectorFT$108,554$25,899$134,453

Board Members and Trustees

NameTitle
Joshua DomeChair
Jason HaasVice Chair
Edward EadonDirector
Mark GalantyDirector
November Mc IlhargeyDirector
Tim De RocheDirector
Lori AndradeSecretary
Sue InglesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,701,378
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$80
All Other Contributions
$703,420
Change in Net Assets
$3,527,412

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,701,458
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$60,415
Total Revenue per Audited Statements
$9,761,873
Total Revenue per Form 990
$9,701,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,313,816
Other Expenses$1,860,230
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,895,166$371,347-$2,266,513
Other Employee Benefits$1,563,804--$1,563,804
Fees for Services Other$401,416$33,245-$434,661
Occupancy-$360,265-$360,265
All Other Expenses$95,377$206,034-$301,411
Fees for Services Accounting-$258,660-$258,660
Payroll Taxes$252,447--$252,447
Current Officers, Directors, Trustees, and Key Employees$123,369$77,008-$200,377
Other Expenses$54,560--$54,560
Insurance-$34,665-$34,665
Pension Plan Contributions-$30,675-$30,675
Travel-$27,243-$27,243
Office Expenses-$14,359-$14,359
Depreciation Depletion$8,396--$8,396
Advertising-$560-$560
Total Functional Expenses$4,759,985$1,414,061$0$6,174,046

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,234,461
Expenses per Audited Statements$6,174,046
Total Expenses per Form 990$6,174,046
Expenses Not Reported on Form 990$60,415
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,495
Fundraising Direct Expenses$60,415
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Springfaire and Silent Auction$48,261$48,261$44,777$3,484
Winterfaire$12,234$12,234$14,155$-1,921
Total Events$60,495$60,495$60,415$80
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“A copy of the return will be provided to the board members before filing to review”

Form 990, Part VI, Section B, Line 12C

“The disclosure statements are monitored by the board and the executive director, if a conflict arises the board member is asked to excuse himself or herself from all discussion and voting on the issue.”

Form 990, Part VI, Section B, Line 15

“Board committee reviewed comparable non profit education salaries before determining and approving of the compensation.”

Form 990, Part VI, Section C, Line 19

“The documents are available at the business address during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Ocean Charter School
EIN
02-0612690
Phone
3108275511
Address
12606 CULVER BLVD, LOS ANGELES, CA 90066

Signing Officer

Name
Stephanie Edwards
Title
Executive Director
Phone
3108275511
Signed
2017-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Edwards
Formed
2002
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
97
Volunteers
0

Preparer

Firm
Vavrinektrineday & Co Llp
Address
10681 FOOTHILL BLVD SUITE 300, RANCHO CUCAMONGA, CA 91730
Preparer
Matthew S Miller
Phone
9094664410
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The charter school has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740, that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special events-direct expense 60,415.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special events- direct expense 60,415.”

Raw XML AppendixShowing 400 of 433 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0151596
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0249986
IRS990/AccountsReceivableGrp/BOYAmt0410563
IRS990/AccountsReceivableGrp/EOYAmt0473018
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE A CALIFORNIA PUBLIC CHARTER SCHOOL FOR GRADES K-8TH GRADES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0560
IRS990/AdvertisingGrp/TotalAmt0560
IRS990/AllOtherContributionsAmt0703420
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0206034
IRS990/AllOtherExpensesGrp/ProgramServicesAmt095377
IRS990/AllOtherExpensesGrp/TotalAmt0301411
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03108275511
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt012606 CULVER BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090066
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt077008
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0123369
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0200377
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt09701378
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01860230
IRS990/CYOtherRevenueAmt080
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03527412
IRS990/CYSalariesCompEmpBnftPaidAmt04313816
IRS990/CYTotalExpensesAmt06174046
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09701458
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt07375821
IRS990/DeferredRevenueGrp/EOYAmt018900
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt08396
IRS990/DepreciationDepletionGrp/TotalAmt08396
IRS990/Desc0ORGANIZATION IS A PUBLIC CHARTER SCHOOL SERVING 450 STUDENTS IN K THRU 8. OUR CURRICULUM IS BUILT ON A FOUNDATION OF CREATIVITY AND SELF-CONFIDENCE, AND GROWS WITH THE CHILD TO BALANCE IMAGINATION, CRITICAL THINKING AND ACADEMIC EXCELLENCE. THIS FOUNDATION, COMBINED WITH A FOCUS ON ECOLOGICAL AND SOCIAL RESPONSIBILTY, NUTURES A SENSE OF DELIGHT AND WONDER ABOUT THE WORLD, AS WELL AS RESPECT FOR NATURE AND HUMANITY. OUR GOAL IS TO GRADUATE STUDENTS WHO WILL POSITIVELY SHAPE OUR CULTURE, RATHER THAN MERELY REFLECTING IT. OUR CURRICULUM IS DESIGNED TO EMPOWER EACH STUDENT WITH THE KNOWLEDGE THAT SHE OR HE MATTERS AS AN INDIVIUAL AND SHAPES NOT ONLY HER OR HIS OWN LIFE, BUT, ULTIMATELY, OUR SHARED FUTURE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt097
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04759985
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0258660
IRS990/FeesForServicesAccountingGrp/TotalAmt0258660
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt033245
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0401416
IRS990/FeesForServicesOtherGrp/TotalAmt0434661
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt825899
IRS990/Form990PartVIISectionAGrp/PersonNm0SUE INGLES
IRS990/Form990PartVIISectionAGrp/PersonNm1JASON HAAS
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSHUA DOME
IRS990/Form990PartVIISectionAGrp/PersonNm3LORI ANDRADE
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWARD EADON
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK GALANTY
IRS990/Form990PartVIISectionAGrp/PersonNm6TIM DE ROCHE
IRS990/Form990PartVIISectionAGrp/PersonNm7NOVEMBER MC ILHARGEY
IRS990/Form990PartVIISectionAGrp/PersonNm8STEPHANIE EDWARDS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8108554
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt060415
IRS990/FundraisingGrossIncomeAmt060495
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt08997958
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09761873
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt034665
IRS990/InsuranceGrp/TotalAmt034665
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0171411
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0158206
IRS990/LandBldgEquipBasisNetGrp/EOYAmt021643517
IRS990/LandBldgEquipCostOrOtherBssAmt021814928
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OCEAN CHARTER SCHOOL ADDRESSES THE CALIFORNIA STATE STANDARDS AND COMMON CORE STANDARDS THROUGH THE MINDFUL IMPLEMENTATION OF WALDORF EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01598480
IRS990/NetAssetsOrFundBalancesEOYAmt05125892
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt080
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt080
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0360265
IRS990/OccupancyGrp/TotalAmt0360265
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014359
IRS990/OfficeExpensesGrp/TotalAmt014359
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt04957153
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01563804
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01563804
IRS990/OtherExpensesGrp/Desc0SPECIAL ED FAIR SHARE
IRS990/OtherExpensesGrp/Desc1FIELD TRIPS
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS & INSTRUCTION
IRS990/OtherExpensesGrp/Desc3STUDENT NUTRITION
IRS990/OtherExpensesGrp/ProgramServicesAmt0226487
IRS990/OtherExpensesGrp/ProgramServicesAmt180337
IRS990/OtherExpensesGrp/ProgramServicesAmt258626
IRS990/OtherExpensesGrp/ProgramServicesAmt354560
IRS990/OtherExpensesGrp/TotalAmt0226487
IRS990/OtherExpensesGrp/TotalAmt180337
IRS990/OtherExpensesGrp/TotalAmt258626
IRS990/OtherExpensesGrp/TotalAmt354560
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0371347
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01895166
IRS990/OtherSalariesAndWagesGrp/TotalAmt02266513
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0252447
IRS990/PayrollTaxesGrp/TotalAmt0252447
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt030675
IRS990/PensionPlanContributionsGrp/TotalAmt030675
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt076086
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071550
IRS990/PrincipalOfficerNm0STEPHANIE EDWARDS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04455319
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01725
IRS990/PYOtherExpensesAmt01478445
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0118957
IRS990/PYSalariesCompEmpBnftPaidAmt02859642
IRS990/PYTotalExpensesAmt04338087
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04457044
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03527412
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08567406
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0511864
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01160
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0340
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/ExpensesNotReportedAmt060415
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06174046
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt020254150
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020254150
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04957153
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED COSTS
IRS990ScheduleD/OtherExpensesIncludedAmt060415
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01388207
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0171071
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01559278
IRS990ScheduleD/OtherRevenueAmt060415
IRS990ScheduleD/RevenueNotReportedAmt060415
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09701458
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENTS-DIRECT EXPENSE 60,415.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENTS- DIRECT EXPENSE 60,415.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021643517
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04957153
IRS990ScheduleD/TotalExpensesPerForm990Amt06174046
IRS990ScheduleD/TotalRevenuePerForm990Amt09701458
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09761873
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06234461
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED ON THE SCHOOL WEBSITE. ORGANIZATION IS A CALIFORNIA PUBLIC SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CALIFORNIA PUBLIC SCHOOL, NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE AWARDED.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES CALIFORNIA STATE APPORTIONMENT INCOME BASED ON STUDENT ATTENDANCE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt060415
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRINGFAIRE AND SILENT AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WINTERFAIRE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt048261
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012234
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt060495
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt048261
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012234
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt060495
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt080
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt058932
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt044777
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt014155
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt01483
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01483
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE RETURN WILL BE PROVIDED TO THE BOARD MEMBERS BEFORE FILING TO REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DISCLOSURE STATEMENTS ARE MONITORED BY THE BOARD AND THE EXECUTIVE DIRECTOR, IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSION AND VOTING ON THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD COMMITTEE REVIEWED COMPARABLE NON PROFIT EDUCATION SALARIES BEFORE DETERMINING AND APPROVING OF THE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09212261
IRS990/TotalAssetsEOYAmt027657102
IRS990/TotalAssetsGrp/BOYAmt09212261
IRS990/TotalAssetsGrp/EOYAmt027657102
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09701378
IRS990/TotalEmployeeCnt097
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01414061
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04759985
IRS990/TotalFunctionalExpensesGrp/TotalAmt06174046
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07613781
IRS990/TotalLiabilitiesEOYAmt022531210
IRS990/TotalLiabilitiesGrp/BOYAmt07613781
IRS990/TotalLiabilitiesGrp/EOYAmt022531210
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01598480
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05125892
IRS990/TotalOtherCompensationAmt025899
IRS990/TotalProgramServiceExpensesAmt04759985
IRS990/TotalReportableCompFromOrgAmt0108554
IRS990/TotalRevenueGrp/ExclusionAmt080
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09701458
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09212261
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt027657102
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt027243
IRS990/TravelGrp/TotalAmt027243
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01598480
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05125892
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt086364
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt022262324
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012606 CULVER BLVD
IRS990/USAddress/CityNm0LOS ANGELES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,657,102
Liabilities
$22,531,210
Net assets
$5,125,892
Revenue
$9,701,458
Expenses
$6,174,046
Net income
$3,527,412
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.6$12.2$45.3$8.22$8.85$0.63
2023Detailed filing. Detailed filing data is available for this year.$58.7$12.8$45.9$8.26$8.71$0.45
2022Detailed filing. Detailed filing data is available for this year.$59.2$12.9$46.4$8.10$7.86$0.24
2021Detailed filing. Detailed filing data is available for this year.$60.0$13.8$46.1$11.2$6.39$4.76
2020Detailed filing. Detailed filing data is available for this year.$78.0$15.9$62.2$26.1$5.87$20.3
2019Detailed filing. Detailed filing data is available for this year.$71.0$29.1$41.9$24.9$6.16$18.7
2018Detailed filing. Detailed filing data is available for this year.$54.0$30.8$23.2$23.6$5.62$18.0
2017Detailed filing. Detailed filing data is available for this year.$28.0$22.8$5.19$5.36$5.30$0.06
2016Detailed filing. Detailed filing data is available for this year.$27.7$22.5$5.13$9.70$6.17$3.53
2015Detailed filing. Detailed filing data is available for this year.$9.21$7.61$1.60$4.46$4.34$0.12
2014Detailed filing. Detailed filing data is available for this year.$9.30$7.83$1.48$3.88$3.86$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$7.62$1.46$3.59$3.53$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.02$7.62$1.41$3.51
2011Summary only. Only limited summary data is available for this year.$1.39$0.14$1.25$3.18$3.21$0.03