Civic Intelligence

Canyon Crest Academy Foundation Inc.

990 • Fiscal year 2018 • EIN 03-0542702

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 19, 2019

5951 Village Center Loop RoadSan Diego, CA 92130

(858) 350-0253

Siviq Scores

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

Liabilities / Assets

77th percentile

0.41x

Higher debt load relative to assets than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.36x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

89th percentile

39%

Faster asset growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

61st percentile

9.1%

Faster revenue growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,686,799

Up $477,522 (+39%) from 2017

Net Assets

Up

$990,801

Up $431,349 (+77%) from 2017

Liabilities

Up

$695,998

Up $46,173 (+7.1%) from 2017

Revenue

Up

$1,945,047

Up $161,542 (+9.1%) from 2017

Expenses

Up

$1,513,698

Up $122,271 (+8.8%) from 2017

Net Income

Up

$431,349

Up $39,271 (+10%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $278,399Liabilities 2011: $536Net Assets 2011: $277,8632011Assets 2012: $321,982Liabilities 2012: $1,500Net Assets 2012: $320,4822012Assets 2013: $404,862Liabilities 2013: $80,350Net Assets 2013: $324,5122013Assets 2014: $601,760Liabilities 2014: $122,826Net Assets 2014: $478,9342014Assets 2015: $631,071Liabilities 2015: $294,667Net Assets 2015: $336,4042015Assets 2016: $572,234Liabilities 2016: $404,860Net Assets 2016: $167,3742016Assets 2017: $1,209,277Liabilities 2017: $649,825Net Assets 2017: $559,4522017Assets 2018: $1,686,799Liabilities 2018: $695,998Net Assets 2018: $990,8012018Assets 2019: $2,035,731Liabilities 2019: $836,437Net Assets 2019: $1,199,2942019Assets 2020: $1,819,662Liabilities 2020: $259,773Net Assets 2020: $1,559,8892020Assets 2021: $1,680,278Liabilities 2021: $300,827Net Assets 2021: $1,379,4512021Assets 2022: $2,068,928Liabilities 2022: $429,932Net Assets 2022: $1,638,9962022Assets 2023: $2,299,249Liabilities 2023: $623,654Net Assets 2023: $1,675,5952023Assets 2024: $2,550,149Liabilities 2024: $554,687Net Assets 2024: $1,995,4622024

Highlighted filing

2018

Assets$1,686,799
Liabilities$695,998
Net Assets$990,801

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $928,8382011Expenses 2012: $675,4492012Revenue 2013: $853,463Expenses 2013: $847,950Net Income 2013: $5,5132013Revenue 2014: $1,187,819Expenses 2014: $1,033,396Net Income 2014: $154,4232014Revenue 2015: $1,044,855Expenses 2015: $1,187,385Net Income 2015: -$142,5302015Revenue 2016: $1,282,259Expenses 2016: $1,451,289Net Income 2016: -$169,0302016Revenue 2017: $1,783,505Expenses 2017: $1,391,427Net Income 2017: $392,0782017Revenue 2018: $1,945,047Expenses 2018: $1,513,698Net Income 2018: $431,3492018Revenue 2019: $2,059,033Expenses 2019: $1,850,540Net Income 2019: $208,4932019Revenue 2020: $1,734,335Expenses 2020: $1,373,740Net Income 2020: $360,5952020Revenue 2021: $737,332Expenses 2021: $917,770Net Income 2021: -$180,4382021Revenue 2022: $1,723,765Expenses 2022: $1,427,791Net Income 2022: $295,9742022Revenue 2023: $1,884,005Expenses 2023: $1,822,859Net Income 2023: $61,1462023Revenue 2024: $2,410,277Expenses 2024: $2,140,326Net Income 2024: $269,9512024

Highlighted filing

2018

Revenue$1,945,047
Expenses$1,513,698
Net Income$431,349
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 19, 2019
Return Version
2017v2.3
Gross Receipts
$1,945,047
Mission and Program Overview

Mission

Our mission is to enrich the experience of every student every day by providing funding and thought leadership in the education space.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,016,336$1,414,323▲ $397,987
Investments in Publicly Traded Securities$128,031$237,343▲ $109,312
Savings and Temporary Cash Investments$57,929--
Prepaid Expenses and Deferred Charges$4,475$31,271▲ $26,796
Accounts Receivable$2,506$3,862▲ $1,356
Total Assets$1,209,277$1,686,799▲ $477,522
Liabilities
Deferred Revenue$346,666$400,277▲ $53,611
Accounts Payable and Accrued Expenses$291,016$282,839▼ $8,177
Other Liabilities$12,143$12,882▲ $739
Total Liabilities$649,825$695,998▲ $46,173
Net Assets / Fund Balance
Unrestricted Net Assets$341,023$662,653▲ $321,630
Temporarily Rstr Net Assets$218,429$328,148▲ $109,719
Total Net Assets Fund Balance$559,452$990,801▲ $431,349
Total Liabilities and Net Assets / Fund Balance$1,209,277$1,686,799▲ $477,522

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$5,463$5,463
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kristy LaliotisPresident
Kaya YoungCorresp. Sec
Alexandra MaginMember at La
Anamarie MaltzmanMember at La
Sonny PatidarMember at La
Susan JentzschMember at La
Mathew WeilVice Pres.-
Nancy CokerVP - Envisio
Jo BarsaVP - Finance
Sean CavanaughVP - Major D
Bobby EdelmanVP - Marketi
Kim McsherryVP - Quest
Kelly MaVP -athletic
Deep LamVP-business
Revenue and Support

Revenue Composition

Contributions and Grants
$758,537
Program Service Revenue
$958,777
Investment Income
$8,140
Other Revenue
$219,593
All Other Contributions
$758,537
Change in Net Assets
$431,349

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,945,047
Total Revenue per Audited Statements
$1,945,047
Total Revenue per Form 990
$1,945,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,309,492
Salaries, Compensation, and Employee Benefits$204,206
Total Fundraising Expense$33,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$235,468-$33,373$268,841
Other Salaries and Wages$109,389$94,817-$204,206
Other Expenses$70,845--$70,845
Total Functional Expenses$1,385,508$94,817$33,373$1,513,698

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,513,698
Total Expenses per Audited Statements$1,513,698
Total Expenses per Form 990$1,513,698
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$219,593
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$10,000
Retirement Plan Payable$2,882
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board of directors before filing

Form 990, Page 6, Part VI, Line 12C

Conflict of interest is required to be self reporting

Form 990, Page 6, Part VI, Line 19

Upon request at designated location specified by board of directors

Filing and Contact Details

Filer

Filer Name
Canyon Crest Academy Foundationinc
EIN
03-0542702
Phone
8583500253
Address
5951 VILLAGE CENTER LOOP ROAD, SAN DIEGO, CA 92130

Signing Officer

Name
Kristy Laliotis
Title
President
Phone
8583500253
Signed
2019-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristy Laliotis
Formed
2004
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
300

Preparer

Firm
Gregory V Villard CPA
Address
7844 LA MESA BLVD, LA MESA, CA 91942
Preparer
Gregory V Villard
Phone
6195895472
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Our mission is to enrich the experience of every student every day by providing funding and thought leadership in the education space.

Form 990, Part IX, Line 24E

Counseling 67,353 0 0 grad night 65,832 0 0 general & administrative 61,069 0 0 academics 41,214 0 0 special events 0 0 33,373 total 235,468 0 33,373

Raw XML Appendix382 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST IS REQUIRED TO BE SELF REPORTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST AT DESIGNATED LOCATION SPECIFIED BY BOARD OF DIRECTORS
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ReturnHeader/BusinessOfficerGrp/PhoneNum08583500253
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CANYON CREST ACADEMY FOUNDATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0CANY
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ReturnHeader/Filer/PhoneNum08583500253
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ReturnHeader/Filer/USAddress/CityNm0SAN DIEGO
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.186.227.190
ReturnHeader/FilingSecurityInformation/IPDt02019-03-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:51:16
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREGORY V VILLARD CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07844 LA MESA BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA MESA
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY V VILLARD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-03-15T11:51:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.55$0.55$2.00$2.41$2.14$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.30$0.62$1.68$1.88$1.82$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.07$0.43$1.64$1.72$1.43$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.68$0.30$1.38$0.74$0.92$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.82$0.26$1.56$1.73$1.37$0.36
2019Detailed filing. Detailed filing data is available for this year.$2.04$0.84$1.20$2.06$1.85$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.70$0.99$1.95$1.51$0.43
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.65$0.56$1.78$1.39$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.40$0.17$1.28$1.45$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.29$0.34$1.04$1.19$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.12$0.48$1.19$1.03$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.08$0.32$0.85$0.85$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.28$0.93
Peer Organizations

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