Civic Intelligence

Voices College-Bound Language Academies

990 • Fiscal year 2017 • EIN 20-4741060

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 20, 2018

14271 Story RoadSan Jose, CA 95127

(480) 387-9166

Siviq Scores

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

Liabilities / Assets

79th percentile

0.62x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.85x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

60th percentile

$204,746

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

65th percentile

9.2%

Faster asset growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

40%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$15,711,755

Up $1,327,919 (+9.2%) from 2016

Net Assets

Up

$5,983,166

Up $2,154,878 (+56%) from 2016

Liabilities

Down

$9,728,589

Down $826,959 (-7.8%) from 2016

Revenue

Up

$11,507,937

Up $3,283,880 (+40%) from 2016

Expenses

Up

$9,353,059

Up $1,630,344 (+21%) from 2016

Net Income

Up

$2,154,878

Up $1,653,536 (+330%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $774,036Liabilities 2011: $185,289Net Assets 2011: $588,7472011Assets 2012: $1,737,771Liabilities 2012: $753,837Net Assets 2012: $983,9342012Assets 2013: $2,070,762Liabilities 2013: $668,937Net Assets 2013: $1,401,8252013Assets 2014: $2,771,690Liabilities 2014: $739,309Net Assets 2014: $2,032,3812014Assets 2015: $14,022,938Liabilities 2015: $10,695,992Net Assets 2015: $3,326,9462015Assets 2016: $14,383,836Liabilities 2016: $10,555,548Net Assets 2016: $3,828,2882016Assets 2017: $15,711,755Liabilities 2017: $9,728,589Net Assets 2017: $5,983,1662017Assets 2018: $16,395,572Liabilities 2018: $9,357,966Net Assets 2018: $7,037,6062018Assets 2019: $17,462,775Liabilities 2019: $8,586,786Net Assets 2019: $8,875,9892019Assets 2020: $20,720,769Liabilities 2020: $13,028,250Net Assets 2020: $7,692,5192020Assets 2021: $26,350,864Liabilities 2021: $16,097,385Net Assets 2021: $10,253,4792021Assets 2022: $27,721,183Liabilities 2022: $12,572,024Net Assets 2022: $15,149,1592022Assets 2023: $38,386,940Liabilities 2023: $21,945,971Net Assets 2023: $16,440,9692023Assets 2024: $44,958,044Liabilities 2024: $29,228,720Net Assets 2024: $15,729,3242024

Highlighted filing

2017

Assets$15,711,755
Liabilities$9,728,589
Net Assets$5,983,166

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $1,916,248Expenses 2011: $1,656,683Net Income 2011: $259,5652011Expenses 2012: $1,894,9312012Expenses 2013: $2,241,6692013Revenue 2014: $3,146,235Expenses 2014: $2,515,679Net Income 2014: $630,5562014Revenue 2015: $4,607,364Expenses 2015: $3,312,799Net Income 2015: $1,294,5652015Revenue 2016: $8,224,057Expenses 2016: $7,722,715Net Income 2016: $501,3422016Revenue 2017: $11,507,937Expenses 2017: $9,353,059Net Income 2017: $2,154,8782017Revenue 2018: $12,266,801Expenses 2018: $11,212,361Net Income 2018: $1,054,4402018Revenue 2019: $17,619,728Expenses 2019: $15,781,345Net Income 2019: $1,838,3832019Revenue 2020: $17,043,469Expenses 2020: $18,226,938Net Income 2020: -$1,183,4692020Revenue 2021: $21,078,147Expenses 2021: $19,518,340Net Income 2021: $1,559,8072021Revenue 2022: $26,197,697Expenses 2022: $21,497,645Net Income 2022: $4,700,0522022Revenue 2023: $23,682,156Expenses 2023: $22,390,346Net Income 2023: $1,291,8102023Revenue 2024: $28,111,421Expenses 2024: $28,823,066Net Income 2024: -$711,6452024

Highlighted filing

2017

Revenue$11,507,937
Expenses$9,353,059
Net Income$2,154,878
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 20, 2018
Return Version
2016v3.0
Gross Receipts
$11,507,937
Mission and Program Overview

Mission

To prepare all students for the challenges of higher education through the context of an academically rigorous dual-language program. In addition we will ensure students demonstrate high academic achievement and apply critical thinking skills while making sense of their role within their own culture and the greater society.

A charter management organization providing educational opportunities tothe surrounding community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,748,283$7,590,477▼ $157,806
Cash and Non-Interest-Bearing Accounts$5,244,599$6,115,489▲ $870,890
Accounts Receivable$943,627$1,413,495▲ $469,868
Prepaid Expenses and Deferred Charges$182,950$173,732▼ $9,218
Savings and Temporary Cash Investments$10,447$10,488▲ $41
Total Assets$14,383,836$15,711,755▲ $1,327,919
Other Assets Total$253,930$408,074▲ $154,144
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,849,508$8,601,897▼ $247,611
Other Liabilities$253,930$408,074▲ $154,144
Deferred Revenue$402,934--
Accounts Payable and Accrued Expenses$554,919$368,616▼ $186,303
Unsecured Notes Loans Payable$494,257$350,002▼ $144,255
Total Liabilities$10,555,548$9,728,589▼ $826,959
Net Assets / Fund Balance
Unrestricted Net Assets$3,828,288$5,858,166▲ $2,029,878
Temporarily Rstr Net Assets-$125,000-
Total Net Assets Fund Balance$3,828,288$5,983,166▲ $2,154,878
Total Liabilities and Net Assets / Fund Balance$14,383,836$15,711,755▲ $1,327,919

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,427,856$296,084$7,723,940
Equipment$151,583$26,257$177,840
Leasehold Improvements$11,038$1,402$12,440
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frances TesoPresident/CEOFT$159,500$45,246$204,746
Alma RicoCOOFT$116,646$8,385$125,031

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$11,373,036
Program Service Revenue
$0
Investment Income
$6,260
Other Revenue
$128,641
All Other Contributions
$2,322,603
Change in Net Assets
$2,154,878

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,507,937
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,507,937
Total Revenue per Form 990
$11,507,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,033,902
Other Expenses$3,319,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,632,792$1,006,868-$4,639,660
Fees for Services Other$1,125,570$236,993-$1,362,563
Occupancy$480,217$68,455-$548,672
Other Employee Benefits$399,096$106,609-$505,705
Current Officers, Directors, Trustees, and Key Employees$297,531$33,059-$330,590
Pension Plan Contributions$240,565$50,894-$291,459
Payroll Taxes$205,722$60,766-$266,488
Office Expenses$157,308$16,400-$173,708
Depreciation Depletion$173,086--$173,086
Interest-$124,932-$124,932
Information Technology$67,110$2,236-$69,346
Fees for Services Management-$69,301-$69,301
Fees for Services Legal-$63,036-$63,036
Insurance$50,188$10,008-$60,196
Travel$17,487$22,897-$40,384
Other Expenses$29,027$5,142-$34,169
Fees for Services Accounting-$28,640-$28,640
Advertising-$6,188-$6,188
Conferences and Meetings$3,389$1,703-$5,092
Total Functional Expenses$7,367,759$1,985,300$0$9,353,059

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,353,059
Total Expenses per Audited Statements$9,353,059
Total Expenses per Form 990$9,353,059
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$408,074
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
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, Part VI, Section A, Line 8B

There are no committees authorized to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

The 990 return is initially reviewed by management and then reviewed by the board prior to filing the return.

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

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board of directors meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exists.

Form 990, Part VI, Section B, Line 15A

The process includes all of these elements: (1) review and approval by the board of directors; (2) use of data as to comparable compensation; and (3) contemporaneous documentation and recordkeeping.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and finanical statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Voices College-bound Language
EIN
20-4741060
Phone
4803879166
Address
14271 STORY ROAD, SAN JOSE, CA 95127

Signing Officer

Name
Frances Teso
Title
President/CEO
Phone
4803879166
Signed
2018-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frances Teso
Formed
2007
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
150
Volunteers
800

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees for services: program service expenses 1,125,570. Management and general expenses 236,993. Fundraising expenses 0. Total expenses 1,362,563.

Financial Statement Notes

PART X, LINE 2:

The academies corporation 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 corporation 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.

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IRS990/OccupancyGrp/TotalAmt0548672
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016400
IRS990/OfficeExpensesGrp/ProgramServicesAmt0157308
IRS990/OfficeExpensesGrp/TotalAmt0173708
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0253930
IRS990/OtherAssetsTotalGrp/EOYAmt0408074
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0106609
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0399096
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0505705
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2PRINTING AND POSTAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt071173
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15142
IRS990/OtherExpensesGrp/ProgramServicesAmt0352502
IRS990/OtherExpensesGrp/ProgramServicesAmt1136169
IRS990/OtherExpensesGrp/ProgramServicesAmt229027
IRS990/OtherExpensesGrp/TotalAmt0352502
IRS990/OtherExpensesGrp/TotalAmt1207342
IRS990/OtherExpensesGrp/TotalAmt234169
IRS990/OtherLiabilitiesGrp/BOYAmt0253930
IRS990/OtherLiabilitiesGrp/EOYAmt0408074
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0128641
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0128641
IRS990/OtherRevenueTotalAmt0128641
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01006868
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03632792
IRS990/OtherSalariesAndWagesGrp/TotalAmt04639660
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt060766
IRS990/PayrollTaxesGrp/ProgramServicesAmt0205722
IRS990/PayrollTaxesGrp/TotalAmt0266488
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt050894
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0240565
IRS990/PensionPlanContributionsGrp/TotalAmt0291459
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0182950
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0173732
IRS990/PrincipalOfficerNm0FRANCES TESO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08108049
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04736
IRS990/PYOtherExpensesAmt03177759
IRS990/PYOtherRevenueAmt0111272
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0501342
IRS990/PYSalariesCompEmpBnftPaidAmt04544956
IRS990/PYTotalExpensesAmt07722715
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08224057
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02154878
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010447
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010488
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/BookValueAmt07427856
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0296084
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07723940
IRS990ScheduleD/EquipmentGrp/BookValueAmt0151583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026257
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0177840
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09353059
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011038
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01402
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt012440
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0408074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011507937
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMIES CORPORATION 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 CORPORATION 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/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07590477
IRS990ScheduleD/TotalExpensesPerForm990Amt09353059
IRS990ScheduleD/TotalLiabilityAmt0408074
IRS990ScheduleD/TotalRevenuePerForm990Amt011507937
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011507937
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09353059
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
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/ExplanationTxt0VOICES MAKES ITS NONDISCRIMINATORY POLICY KNOWN THROUGH ITS WEBSITE AND ON THE STUDENT'S APPLICATION. VOICES DRAWS ITS STUDENTS FROM THE LOCAL COMMUNITY, AND CURRENTLY ENROLLS STUDENTS FROM VARIOUS RACIAL MINORITY GROUPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1VOICES DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2AS A PUBLIC CHARTER SCHOOL, VOICES RECEIVES A PER ADA FEE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION FOR EVERY PUPIL ATTENDING THE SCHOOL. ADDITIONALLY, VOICES IS ELIGIBLE FOR LOCAL, STATE AND FEDERAL PROGRAMS, AND CALIFORNIA LOTTERY FUNDS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0159500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018676
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026070
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0FRANCES TESO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0204746
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 RETURN IS INITIALLY REVIEWED BY MANAGEMENT AND THEN REVIEWED BY THE BOARD PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANICAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 1,125,570. MANAGEMENT AND GENERAL EXPENSES 236,993. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,362,563.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0125000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt014383836

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$45.0$29.2$15.7$28.1$28.8$0.71
2023Detailed filing. Detailed filing data is available for this year.$38.4$21.9$16.4$23.7$22.4$1.29
2022Detailed filing. Detailed filing data is available for this year.$27.7$12.6$15.1$26.2$21.5$4.70
2021Detailed filing. Detailed filing data is available for this year.$26.4$16.1$10.3$21.1$19.5$1.56
2020Detailed filing. Detailed filing data is available for this year.$20.7$13.0$7.69$17.0$18.2$1.18
2019Detailed filing. Detailed filing data is available for this year.$17.5$8.59$8.88$17.6$15.8$1.84
2018Detailed filing. Detailed filing data is available for this year.$16.4$9.36$7.04$12.3$11.2$1.05
2017Detailed filing. Detailed filing data is available for this year.$15.7$9.73$5.98$11.5$9.35$2.15
2016Detailed filing. Detailed filing data is available for this year.$14.4$10.6$3.83$8.22$7.72$0.50
2015Summary only. Only limited summary data is available for this year.$14.0$10.7$3.33$4.61$3.31$1.29
2014Detailed filing. Detailed filing data is available for this year.$2.77$0.74$2.03$3.15$2.52$0.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.67$1.40$2.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.75$0.98$1.89
2011Summary only. Only limited summary data is available for this year.$0.77$0.19$0.59$1.92$1.66$0.26