Civic Intelligence

Life Source International Charter School

990 • Fiscal year 2012 • EIN 26-1375692

Jul 01, 2011 to Jun 30, 2012 • Filed on Apr 02, 2013

44215 10th Street West93534
Siviq Scores

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

Liabilities / Assets

90th percentile

0.95x

Higher debt load relative to assets than 90% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$1,395,329

No earlier filing loaded for comparison.

Net Assets

$76,620

No earlier filing loaded for comparison.

Liabilities

$1,318,709

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,427,404

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $1,395,329Liabilities 2012: $1,318,709Net Assets 2012: $76,6202012Assets 2013: $2,058,016Liabilities 2013: $1,937,252Net Assets 2013: $120,7642013Assets 2014: $2,352,441Liabilities 2014: $2,259,902Net Assets 2014: $92,5392014Assets 2015: $1,783,735Liabilities 2015: $1,682,269Net Assets 2015: $101,4662015Assets 2016: $1,257,325Liabilities 2016: $323,578Net Assets 2016: $933,7472016Assets 2017: $4,554,411Liabilities 2017: $3,258,877Net Assets 2017: $1,295,5342017Assets 2018: $4,681,768Liabilities 2018: $3,406,170Net Assets 2018: $1,275,5982018Assets 2019: $4,698,055Liabilities 2019: $3,184,791Net Assets 2019: $1,513,2642019Assets 2020: $5,803,633Liabilities 2020: $4,138,534Net Assets 2020: $1,665,0992020Assets 2021: $6,698,942Liabilities 2021: $4,078,083Net Assets 2021: $2,620,8592021Assets 2022: $5,917,170Liabilities 2022: $3,881,486Net Assets 2022: $2,035,6842022Assets 2023: $7,108,726Liabilities 2023: $3,681,177Net Assets 2023: $3,427,5492023

Highlighted filing

2012

Assets$1,395,329
Liabilities$1,318,709
Net Assets$76,620

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $1,427,4042012Expenses 2013: $1,872,7932013Revenue 2014: $2,626,909Expenses 2014: $2,655,134Net Income 2014: -$28,2252014Revenue 2015: $3,668,060Expenses 2015: $3,659,133Net Income 2015: $8,9272015Revenue 2016: $4,764,493Expenses 2016: $3,932,212Net Income 2016: $832,2812016Revenue 2017: $5,282,557Expenses 2017: $4,920,770Net Income 2017: $361,7872017Revenue 2018: $5,329,743Expenses 2018: $5,349,679Net Income 2018: -$19,9362018Revenue 2019: $5,663,873Expenses 2019: $5,426,207Net Income 2019: $237,6662019Revenue 2020: $5,444,778Expenses 2020: $5,292,943Net Income 2020: $151,8352020Revenue 2021: $5,924,255Expenses 2021: $4,980,512Net Income 2021: $943,7432021Revenue 2022: $5,038,943Expenses 2022: $5,624,118Net Income 2022: -$585,1752022Revenue 2023: $10,378,344Expenses 2023: $8,915,749Net Income 2023: $1,462,5952023

Highlighted filing

2012

Revenue-
Expenses$1,427,404
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Apr 2, 2013
Return Version
2011v1.5
Gross Receipts
$1,504,024
Mission and Program Overview

Mission

To meet the needs of under served and disadvantaged students of lancaster, california by supporting and expanding students' academic and human potential. The goal is to deliver an established, successful, culturally relevant instructional program, while cultivating social skills and character qualities essential in overall adult success and well-being.

Filing and Contact Details

Filer

EIN
26-1375692
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE ORGANIZATION IS OPERATED AS A CALIFORNIA PUBLIC CHARTER SCHOOL AND RECEIVES FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCIES
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IRS990ScheduleO/GeneralExplanation/Explanation0TO MEET THE NEEDS OF UNDER SERVED AND DISADVANTAGED STUDENTS OF LANCASTER, CALIFORNIA BY SUPPORTING AND EXPANDING STUDENTS' ACADEMIC AND HUMAN POTENTIAL. THE GOAL IS TO DELIVER AN ESTABLISHED, SUCCESSFUL, CULTURALLY RELEVANT INSTRUCTIONAL PROGRAM, WHILE CULTIVATING SOCIAL SKILLS AND CHARACTER QUALITIES ESSENTIAL IN OVERALL ADULT SUCCESS AND WELL-BEING.
IRS990ScheduleO/GeneralExplanation/Explanation1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/GeneralExplanation/Explanation2ALL BOARD MEMBERS AND MANAGEMENT STAFF ARE SUBJECT TO THE POLICY, ARE REGULARLY MONITORED TO ENSURE COMPLIANCE. ESSENTIALLY THE POLICY REQUIRES ANY CONFLICTS BE DISCLOSED, AND IF A DISCLOSED CONFLICT IS PERMITTED, THAT PERSON MUST RECUSE THEMSELVES FROM ALL DECISIONS RELATING TO THAT MATTER.
IRS990ScheduleO/GeneralExplanation/Explanation3THE DIRECTOR'S PAY IS DETERMINED BY THE BOARD USING INDEPENDENT DATA PROVIDED BY THE SCHOOL'S ADMINISTRATIVE SERVICES PROVIDER WITH LOCAL COMPARABLES. THE LAST YEAR IN WHICH THIS PROCESS WAS UNDERTAKEN WAS 2011.
IRS990ScheduleO/GeneralExplanation/Explanation4OTHER EMPLOYEES' PAY IS DETERMINED BY THE BOARD USING INDEPENDENT DATA PROVIDED BY THE SCHOOL'S ADMINISTRATIVE SERVICES PROVIDER WITH LOCAL COMPARABLES. THE LAST YEAR IN WHICH THIS PROCESS WAS UNDERTAKEN WAS 2011.
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ReturnHeader/Officer/DateSigned02013-04-02
ReturnHeader/Officer/Name0DEBERAE CULPEPPER-OFORI
ReturnHeader/Officer/Phone06615792970
ReturnHeader/Officer/Title0EXECUTIVE DIRECTOR
ReturnHeader/Preparer/DatePrepared02013-04-02
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ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0913624056
ReturnHeader/Preparer/Name0JOY BULLER
ReturnHeader/Preparer/Phone08187074111
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ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-04-10T16:55:14-05:00

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • $1M-$5M nonprofits