Civic Intelligence

Discovery Charter Preparatory School

990 • Fiscal year 2016 • EIN 06-1629227

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 12, 2016

Organization ProfileWWW.DISCOVERYPREP.ORG

View Organization Page

12550 Van Nuys BlvdPacoima, CA 91331

(818) 897-1187

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.06x

Higher debt load relative to assets than 42% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.06x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

63rd percentile

7.0%

Higher net margin than 63% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$107,755

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

67th percentile

7.2%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-3.7%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Up

$3,553,294

Up $237,253 (+7.2%) from 2015

Net Assets

Up

$3,354,066

Up $236,444 (+7.6%) from 2015

Liabilities

Up

$199,228

Up $809 (+0.4%) from 2015

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin63rd percentile

Revenue

Down

$3,389,071

Down $130,623 (-3.7%) from 2015

Expenses

Up

$3,152,627

Up $157,747 (+5.3%) from 2015

Net Income

Down

$236,444

Down $288,370 (-55%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$10M$5.0M$0Assets 2011: $1,879,763Liabilities 2011: $211,716Net Assets 2011: $1,668,0472011Assets 2012: $1,978,363Liabilities 2012: $157,070Net Assets 2012: $1,821,2932012Assets 2013: $2,243,326Liabilities 2013: $122,341Net Assets 2013: $2,120,9852013Assets 2014: $2,761,233Liabilities 2014: $168,425Net Assets 2014: $2,592,8082014Assets 2015: $3,316,041Liabilities 2015: $198,419Net Assets 2015: $3,117,6222015Assets 2016: $3,553,294Liabilities 2016: $199,228Net Assets 2016: $3,354,0662016Assets 2017: $1,701,038Liabilities 2017: $265,438Net Assets 2017: $1,435,6002017Assets 2018: $1,690,964Liabilities 2018: $305,132Net Assets 2018: $1,385,8322018Assets 2019: $1,931,094Liabilities 2019: $296,081Net Assets 2019: $1,635,0132019Assets 2020: $2,676,699Liabilities 2020: $920,811Net Assets 2020: $1,755,8882020Assets 2021: $3,183,207Liabilities 2021: $538,230Net Assets 2021: $2,644,9772021Assets 2022: $2,739,521Liabilities 2022: $1,011,038Net Assets 2022: $1,728,4832022Assets 2023: $9,014,041Liabilities 2023: $7,668,646Net Assets 2023: $1,345,3952023Assets 2024: $8,346,458Liabilities 2024: $7,161,459Net Assets 2024: $1,184,9992024Assets 2025: $8,722,101Liabilities 2025: $7,220,778Net Assets 2025: $1,501,3232025

Highlighted filing

2016

Assets$3,553,294
Liabilities$199,228
Net Assets$3,354,066
Open 2016 Filing

Operations Trend

Revenue Growth33rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,444,890Expenses 2011: $3,013,399Net Income 2011: $431,4912011Expenses 2012: $3,047,9172012Revenue 2013: $3,351,070Expenses 2013: $3,051,378Net Income 2013: $299,6922013Revenue 2014: $3,462,691Expenses 2014: $2,990,868Net Income 2014: $471,8232014Revenue 2015: $3,519,694Expenses 2015: $2,994,880Net Income 2015: $524,8142015Revenue 2016: $3,389,071Expenses 2016: $3,152,627Net Income 2016: $236,4442016Revenue 2017: $2,919,590Expenses 2017: $3,668,056Net Income 2017: -$748,4662017Revenue 2018: $3,494,605Expenses 2018: $3,535,289Net Income 2018: -$40,6842018Revenue 2019: $3,851,579Expenses 2019: $3,595,096Net Income 2019: $256,4832019Revenue 2020: $3,723,512Expenses 2020: $3,592,726Net Income 2020: $130,7862020Revenue 2021: $4,331,027Expenses 2021: $3,433,885Net Income 2021: $897,1422021Revenue 2022: $3,089,555Expenses 2022: $4,005,489Net Income 2022: -$915,9342022Revenue 2023: $3,933,389Expenses 2023: $4,316,477Net Income 2023: -$383,0882023Revenue 2024: $4,360,279Expenses 2024: $4,520,675Net Income 2024: -$160,3962024Revenue 2025: $4,487,727Expenses 2025: $4,171,403Net Income 2025: $316,3242025

Highlighted filing

2016

Revenue$3,389,071
Expenses$3,152,627
Net Income$236,444
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 12, 2016
Return Version
2015v2.1
Gross Receipts
$3,389,071
Mission and Program Overview

Mission

To provide its students with the necessary skills and support so that every student is prepared to attend college upon graduation from high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,290,725$2,670,374▲ $379,649
Land, Buildings, and Equipment, Net$565,912$491,076▼ $74,836
Accounts Receivable$459,404$321,844▼ $137,560
Prepaid Expenses and Deferred Charges-$70,000-
Total Assets$3,316,041$3,553,294▲ $237,253
Liabilities
Accounts Payable and Accrued Expenses$198,419$199,228▲ $809
Total Liabilities$198,419$199,228▲ $809
Net Assets / Fund Balance
Unrestricted Net Assets$3,117,622$3,354,066▲ $236,444
Total Net Assets Fund Balance$3,117,622$3,354,066▲ $236,444
Total Liabilities and Net Assets / Fund Balance$3,316,041$3,553,294▲ $237,253

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$412,304$446,529$858,833
Equipment$48,169$68,464$116,633
Buildings$30,603$13,882$44,485
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Karen SmithPrincipalFT$98,433$9,322$107,755
Sheryl SchubertCFOFT$90,644$16,993$107,637

Board Members and Trustees

NameTitle
Julian AlmarazPresident
Alondra HernandezMember
Dr Ken NielsenMember
Lori BroginSecretary
Jas DhillonTreasurer
Dr Gina La MonicaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,388,294
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$777
Change in Net Assets
$236,444

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,389,071
Total Revenue per Audited Statements
$3,389,071
Total Revenue per Form 990
$3,389,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,855,799
Other Expenses$1,296,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,144,737$180,891-$1,325,628
Fees for Services Other$354,933$42,384-$397,317
Current Officers, Directors, Trustees, and Key Employees$118,204$105,467-$223,671
Occupancy$171,731$37,697-$209,428
Office Expenses$141,304$40,038-$181,342
Other Employee Benefits$152,420$24,331-$176,751
Pension Plan Contributions$88,890$19,513-$108,403
Depreciation Depletion$74,835--$74,835
Information Technology$65,593$7,990-$73,583
Insurance-$49,126-$49,126
Other Expenses$33,797$7,577-$41,374
Fees for Services Legal-$27,763-$27,763
Fees for Services Management$25,037--$25,037
Advertising$22,156--$22,156
Payroll Taxes$17,504$3,842-$21,346
Fees for Services Accounting-$20,854-$20,854
Conferences and Meetings$3,066--$3,066
Travel$2,955--$2,955
Total Functional Expenses$2,585,154$567,473$0$3,152,627

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,152,627
Total Expenses per Audited Statements$3,152,627
Total Expenses per Form 990$3,152,627
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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, Page 6, Part VI, Line 11B

“The chief financial officer reviews the draft of the form 990, discusses it with the outside preparer and requests adjustments/corrections, if necessary. The draft is then sent to the members of the board of directors prior to the next scheduled board meeting for review. The draft is then presented at the board meeting for discussion and questions. The board of directors will then approve the return as presented or with specified adjustments/corrections.”

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

“The officers, directors, and trustees all sign the conflict of interest policy on an annual basis.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors perform an annual review of the position of principal. Based upon comparability data and performance rating, salary is set and approved prior to the beginning of each school year.”

Form 990, Page 6, Part VI, Line 15B

“The board of directors perform an annual review of the position of chief financial officer. Based upon comparability data and performance rating, salary is set and approved prior to the beginning of each school year.”

Form 990, Page 6, Part VI, Line 18

“The school provides a copy of the 990 to the public upon request.”

Form 990, Page 6, Part VI, Line 19

“The school provides its governing documents, conflict of interest policy and financial statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Discovery Charter Preparatory
EIN
06-1629227
Phone
8188971187
Address
12550 VAN NUYS BLVD, PACOIMA, CA 91331

Signing Officer

Name
Sheryl Schubert
Title
CFO
Phone
8188971187
Signed
2016-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheryl Schubert
Formed
2003
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
41

Preparer

Firm
Vicenti Lloyd & Stutzman
Address
2210 E ROUTE 66 STE 100, GLENDORA, CA 91740-4676
Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Custodial personnel 29,299 3,499 0 security services 2,413 290 0 consultants/independent contr 65,379 38,595 0 consultant special education 83,249 0 0 contracted classes/tutors/sub 174,593 0 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“The school is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The school files informational returns in the u.s. Federal jurisdiction, and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.”

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/PrepaidExpensesDefrdChargesGrp/EOYAmt070000
IRS990/PrincipalOfficerNm0SHERYL SCHUBERT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03518817
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01200664
IRS990/PYOtherRevenueAmt0877
IRS990/PYRevenuesLessExpensesAmt0524814
IRS990/PYSalariesCompEmpBnftPaidAmt01794216
IRS990/PYTotalExpensesAmt02994880
IRS990/PYTotalRevenueAmt03519694
IRS990/ReconcilationRevenueExpnssAmt0236444
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0777
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt030603
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013882
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt044485
IRS990ScheduleD/EquipmentGrp/BookValueAmt048169
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068464
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0116633
IRS990ScheduleD/ExpensesSubtotalAmt03152627
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0412304
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0446529
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0858833
IRS990ScheduleD/RevenueSubtotalAmt03389071
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0491076
IRS990ScheduleD/TotalExpensesPerForm990Amt03152627
IRS990ScheduleD/TotalRevenuePerForm990Amt03389071
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03389071
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03152627
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATION POLICY IS POSTED ON THE SCHOOL WEBSITE HOME PAGE, ADMISSION PAGE, AND ON VARIOUS SCHOOL PUBLICATIONS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1DISCOVERY CHARTER PREPARATORY SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHIEF FINANCIAL OFFICER REVIEWS THE DRAFT OF THE FORM 990, DISCUSSES IT WITH THE OUTSIDE PREPARER AND REQUESTS ADJUSTMENTS/CORRECTIONS, IF NECESSARY. THE DRAFT IS THEN SENT TO THE MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO THE NEXT SCHEDULED BOARD MEETING FOR REVIEW. THE DRAFT IS THEN PRESENTED AT THE BOARD MEETING FOR DISCUSSION AND QUESTIONS. THE BOARD OF DIRECTORS WILL THEN APPROVE THE RETURN AS PRESENTED OR WITH SPECIFIED ADJUSTMENTS/CORRECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS PERFORM AN ANNUAL REVIEW OF THE POSITION OF PRINCIPAL. BASED UPON COMPARABILITY DATA AND PERFORMANCE RATING, SALARY IS SET AND APPROVED PRIOR TO THE BEGINNING OF EACH SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS PERFORM AN ANNUAL REVIEW OF THE POSITION OF CHIEF FINANCIAL OFFICER. BASED UPON COMPARABILITY DATA AND PERFORMANCE RATING, SALARY IS SET AND APPROVED PRIOR TO THE BEGINNING OF EACH SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL PROVIDES A COPY OF THE 990 TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CUSTODIAL PERSONNEL 29,299 3,499 0 SECURITY SERVICES 2,413 290 0 CONSULTANTS/INDEPENDENT CONTR 65,379 38,595 0 CONSULTANT SPECIAL EDUCATION 83,249 0 0 CONTRACTED CLASSES/TUTORS/SUB 174,593 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03316041
IRS990/TotalAssetsEOYAmt03553294
IRS990/TotalAssetsGrp/BOYAmt03316041
IRS990/TotalAssetsGrp/EOYAmt03553294
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03388294
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0567473
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02585154
IRS990/TotalFunctionalExpensesGrp/TotalAmt03152627
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0198419
IRS990/TotalLiabilitiesEOYAmt0199228
IRS990/TotalLiabilitiesGrp/BOYAmt0198419
IRS990/TotalLiabilitiesGrp/EOYAmt0199228
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03117622
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03354066
IRS990/TotalOtherCompensationAmt026315
IRS990/TotalProgramServiceExpensesAmt02585154
IRS990/TotalReportableCompFromOrgAmt0189077
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0777
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03389071
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03316041
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03553294
IRS990/TravelGrp/ProgramServicesAmt02955
IRS990/TravelGrp/TotalAmt02955
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03117622
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03354066
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012550 VAN NUYS BLVD
IRS990/USAddress/CityNm0PACOIMA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091331
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.DISCOVERYPREP.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERYL SCHUBERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08188971187
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DISCOVERY CHARTER PREPARATORY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0DISC
ReturnHeader/Filer/EIN0061629227
ReturnHeader/Filer/PhoneNum08188971187
ReturnHeader/Filer/USAddress/AddressLine1Txt012550 VAN NUYS BLVD
ReturnHeader/Filer/USAddress/CityNm0PACOIMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091331
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952242818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VICENTI LLOYD & STUTZMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02210 E ROUTE 66 STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0917404676
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02016-12-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WADE MCMULLEN CPA
ReturnHeader/ReturnTs02016-12-21T14:38:36-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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
$3,553,294
Liabilities
$199,228
Net assets
$3,354,066
Revenue
$3,389,071
Expenses
$3,152,627
Net income
$236,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.72$7.22$1.50$4.49$4.17$0.32
2024Detailed filing. Detailed filing data is available for this year.$8.35$7.16$1.18$4.36$4.52$0.16
2023Detailed filing. Detailed filing data is available for this year.$9.01$7.67$1.35$3.93$4.32$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$1.01$1.73$3.09$4.01$0.92
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.18$0.54$2.64$4.33$3.43$0.90
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.92$1.76$3.72$3.59$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.30$1.64$3.85$3.60$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.31$1.39$3.49$3.54$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.70$0.27$1.44$2.92$3.67$0.75
2016Detailed filing. Detailed filing data is available for this year.$3.55$0.20$3.35$3.39$3.15$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.32$0.20$3.12$3.52$2.99$0.52
2014Detailed filing. Detailed filing data is available for this year.$2.76$0.17$2.59$3.46$2.99$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.12$2.12$3.35$3.05$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.16$1.82$3.05
2011Summary only. Only limited summary data is available for this year.$1.88$0.21$1.67$3.44$3.01$0.43