Civic Intelligence

Sherwood Charter School

EIN 26-1915236 • 501(c)3 • Sherwood, OR

Profile

SCS is a K-8 school of choice, providing a rigorous academic experience through integrated curriculum and instruction with emphasis on practical application of what is learned.

PO Box 1342Sherwood, OR 97140

www.sherwoodcharterschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.84x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

48th percentile

3.4%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

81st percentile

$142,444

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,083,428

Up $471,208 (+29%) from 2022

Liabilities

Up

$2,014,211

Up $122,836 (+6.5%) from 2022

Net Assets

Up

$69,217

Up $348,372 (+125%) from 2022

Revenue

Up

$2,394,984

Up $545,814 (+30%) from 2022

Expenses

Up

$2,312,769

Up $527,673 (+30%) from 2022

Net Income

Up

$82,215

Up $18,141 (+28%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $465,298Liabilities 2012: $174,201Net Assets 2012: $291,0972012Assets 2013: $433,778Liabilities 2013: $56,821Net Assets 2013: $376,9572013Assets 2014: $472,801Liabilities 2014: $87,529Net Assets 2014: $385,2722014Assets 2015: $699,273Liabilities 2015: $217,889Net Assets 2015: $481,3842015Assets 2017: $1,227,333Liabilities 2017: $1,212,213Net Assets 2017: $15,1202017Assets 2018: $1,220,006Liabilities 2018: $1,378,984Net Assets 2018: -$158,9782018Assets 2019: $1,448,894Liabilities 2019: $1,855,274Net Assets 2019: -$406,3802019Assets 2020: $1,559,075Liabilities 2020: $2,080,292Net Assets 2020: -$521,2172020Assets 2021: $1,744,383Liabilities 2021: $2,087,612Net Assets 2021: -$343,2292021Assets 2022: $1,612,220Liabilities 2022: $1,891,375Net Assets 2022: -$279,1552022Assets 2025: $2,083,428Liabilities 2025: $2,014,211Net Assets 2025: $69,2172025

Highlighted filing

2025

Assets$2,083,428
Liabilities$2,014,211
Net Assets$69,217

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $877,8332012Expenses 2013: $906,8872013Revenue 2014: $1,175,604Expenses 2014: $1,167,289Net Income 2014: $8,3152014Revenue 2015: $1,335,479Expenses 2015: $1,000,139Net Income 2015: $335,3402015Revenue 2017: $1,258,143Expenses 2017: $1,355,795Net Income 2017: -$97,6522017Revenue 2018: $1,343,130Expenses 2018: $1,517,228Net Income 2018: -$174,0982018Revenue 2019: $1,419,265Expenses 2019: $1,666,667Net Income 2019: -$247,4022019Revenue 2020: $1,630,890Expenses 2020: $1,745,727Net Income 2020: -$114,8372020Revenue 2021: $1,997,295Expenses 2021: $1,828,865Net Income 2021: $168,4302021Revenue 2022: $1,849,170Expenses 2022: $1,785,096Net Income 2022: $64,0742022Revenue 2025: $2,394,984Expenses 2025: $2,312,769Net Income 2025: $82,2152025

Highlighted filing

2025

Revenue$2,394,984
Expenses$2,312,769
Net Income$82,215

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 2, 2026
Return Version
2024v5.2
Gross Receipts
$2,394,984
Mission and Program Overview

Mission

Scs is a k-8 school of choice, providing a rigorous academic experience through integrated curriculum and instruction with emphasis on practical application of what is learned.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$517,984$540,470▲ $22,486
Cash and Non-Interest-Bearing Accounts$243,783$299,944▲ $56,161
Land, Buildings, and Equipment, Net$228,484$289,361▲ $60,877
Accounts Receivable$149,344$94,578▼ $54,766
Cap Stk Tr Prin Current Funds$44,938$69,217▲ $24,279
Prepaid Expenses and Deferred Charges$878$3,170▲ $2,292
Total Assets$1,893,286$2,083,428▲ $190,142
Other Assets Total$752,813$855,905▲ $103,092
Liabilities
Other Liabilities$1,767,953$1,928,131▲ $160,178
Accounts Payable and Accrued Expenses$68,135$85,330▲ $17,195
Deferred Revenue$12,260$750▼ $11,510
Total Liabilities$1,848,348$2,014,211▲ $165,863
Net Assets / Fund Balance
Total Net Assets Fund Balance$44,938$69,217▲ $24,279
Total Liabilities and Net Assets / Fund Balance$1,893,286$2,083,428▲ $190,142

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$175,433$317,081$492,514
Equipment$113,928$210,135$324,063
Other Assets Org$6,603--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joy RaboliPrincipaldirectorFT$107,102$35,342$142,444

Board Members and Trustees

NameTitle
Christy ReaneyChair
Bryan CornVice-chair
Gina ByersHr & Policy
Jen CrosbySecretary
Korrin FyallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,279,022
Program Service Revenue
$74,247
Investment Income
$24,211
Other Revenue
$17,504
All Other Contributions
$180
Change in Net Assets
$82,215

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,394,984
Total Revenue per Audited Statements
$2,394,984
Total Revenue per Form 990
$2,394,984
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,647,568
Other Expenses$665,201
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$828,655$230,631-$1,059,286
Pension Plan Contributions$157,854$59,462-$217,316
Current Officers, Directors, Trustees, and Key Employees-$155,292-$155,292
Depreciation Depletion-$143,060-$143,060
Occupancy$37,686$91,480-$129,166
Payroll Taxes$76,964$32,479-$109,443
Other Employee Benefits$70,954$35,277-$106,231
Fees for Services Accounting-$80,835-$80,835
Information Technology$26,404$7,064-$33,468
Insurance-$22,717-$22,717
Office Expenses-$12,772-$12,772
Other Expenses$81,508$7,440-$7,440
Travel-$6,800-$6,800
All Other Expenses$2,249$1,627-$3,876
Fees for Services Legal-$3,420-$3,420
Advertising-$1,407-$1,407
Total Functional Expenses$1,362,363$950,406$0$2,312,769

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,312,769
Total Expenses per Audited Statements$2,312,769
Total Expenses per Form 990$2,312,769
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,504
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Run$17,504$17,504-$17,504
Total Events$17,504$17,504-$17,504
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability - Pers$1,726,163
Pension Related Deferrals - Pers$113,123
Compensated Absences$75,987
Opeb Related Deferrals - Rhia$5,558
Current Lease Liabilities$4,584
Long Term Lease Liabilities$2,716
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 35% controlled entity
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
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

Committee meeting documentation Part VI line 8B

The governing body did not delegate authority to act on its behalf to an executive committee or similar committee ay any time during the organizations tax year.

Form 990 governing body review Part VI line 11

A copy of the draft of the 990 is available for all voting members of the board to review between three to five business days before it is signed and submitted to the internal revenue service. Each board member is notified and an electronic copy is available upon request.

CEO executive director top management comp Part VI line 15A

The board of directors conducts a formal performance review of the school administrator using key metrics; the review is documented and communicated to the administrator in an executive board meeting. Based on the performance review, the budget, and comparative salary study, the board of directors will vote on the compensation for the school administrator.

Other officer or key employee compensation Part VI line 15B

The administrator conducts performance review of the staff members. The compensation for a staff member is determined based on review and the budget by the administrator and with the assistance from the treasurer who prepares the budget.

Governing documents etc available to public Part VI line 19

The organizations governing documents, conflict of interest policy, and financial statements are generally not available to the public.

Filing and Contact Details

Filer

Filer Name
Sherwood Charter School
EIN
26-1915236
In Care Of
% KORRIN FYALL
Phone
5039258007
Address
PO BOX 1342, SHERWOOD, OR 97140

Signing Officer

Name
Korrin Fyall
Title
Treasurer
Phone
5039258007
Signed
2026-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joy Raboli
Formed
2002
Legal Domicile
Or
Voting Board Members
5
Independent Board Members
5
Employees
22
Volunteers
35

Preparer

Firm
Pauly Rogers and Co Pc
Address
12700 SW 72ND AVE, TIGARD, OR 97223
Preparer
Roy R Rogers
Phone
5036202632
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IRS990/PYProgramServiceRevenueAmt0615
IRS990/PYRevenuesLessExpensesAmt094987
IRS990/PYSalariesCompEmpBnftPaidAmt01518123
IRS990/PYTotalExpensesAmt02068127
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IRS990/ReconcilationRevenueExpnssAmt082215
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0517984
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0540470
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0317081
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0492514
IRS990ScheduleD/EquipmentGrp/BookValueAmt0113928
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0210135
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0324063
IRS990ScheduleD/ExpensesSubtotalAmt02312769
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027633
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1820883
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2786
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36603
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET OPEB - RHIA ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PENSION RELATED DEFERRALS - PERS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OPEB RELATED DEFERRALS - RHIA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3LEASED ASSETS NET OF AMORTIZATION
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1113123
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25558
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY - PERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION RELATED DEFERRALS - PERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPEB RELATED DEFERRALS - RHIA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CURRENT LEASE LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4LONG TERM LEASE LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5COMPENSATED ABSENCES
IRS990ScheduleD/RevenueSubtotalAmt02394984
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0289361
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0855905
IRS990ScheduleD/TotalExpensesPerForm990Amt02312769
IRS990ScheduleD/TotalLiabilityAmt01928131
IRS990ScheduleD/TotalRevenuePerForm990Amt02394984
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02394984
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02312769
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVED ASSISTANCE FROM THE STATE DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SHERWOOD CHARTER SCHOOL INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IN ALL DOCUMENTED AND CIRCULATED SOLICITATIONS FOR REGISTRATION. IN ADDITION, DUE TO THE SIZE OF THE SCHOOL, ITS GEOGRAPHIC LOCATION, AND THE COMMUNITYIT SERVES, THE NON-DISCRIMINATION POLICY AND RACIAL COMPOSITION OF THE STUDENT BODY IS WELL-KNOWN TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Governmental Agency Financial Aid (Questions 6a and 6b)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of nondiscriminatory policy (Question 3)
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUN RUN
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017504
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY DID NOT DELEGATE AUTHORITY TO ACT ON ITS BEHALF TO AN EXECUTIVE COMMITTEE OR SIMILAR COMMITTEE AY ANY TIME DURING THE ORGANIZATIONS TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE DRAFT OF THE 990 IS AVAILABLE FOR ALL VOTING MEMBERS OF THE BOARD TO REVIEW BETWEEN THREE TO FIVE BUSINESS DAYS BEFORE IT IS SIGNED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE. EACH BOARD MEMBER IS NOTIFIED AND AN ELECTRONIC COPY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS CONDUCTS A FORMAL PERFORMANCE REVIEW OF THE SCHOOL ADMINISTRATOR USING KEY METRICS; THE REVIEW IS DOCUMENTED AND COMMUNICATED TO THE ADMINISTRATOR IN AN EXECUTIVE BOARD MEETING. BASED ON THE PERFORMANCE REVIEW, THE BUDGET, AND COMPARATIVE SALARY STUDY, THE BOARD OF DIRECTORS WILL VOTE ON THE COMPENSATION FOR THE SCHOOL ADMINISTRATOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ADMINISTRATOR CONDUCTS PERFORMANCE REVIEW OF THE STAFF MEMBERS. THE COMPENSATION FOR A STAFF MEMBER IS DETERMINED BASED ON REVIEW AND THE BUDGET BY THE ADMINISTRATOR AND WITH THE ASSISTANCE FROM THE TREASURER WHO PREPARES THE BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE GENERALLY NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt02083428
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02279022
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0950406
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01362363
IRS990/TotalFunctionalExpensesGrp/TotalAmt02312769
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01848348
IRS990/TotalLiabilitiesEOYAmt02014211
IRS990/TotalLiabilitiesGrp/BOYAmt01848348
IRS990/TotalLiabilitiesGrp/EOYAmt02014211
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt069217
IRS990/TotalOtherCompensationAmt035342
IRS990/TotalProgramServiceExpensesAmt01362363
IRS990/TotalProgramServiceRevenueAmt074247
IRS990/TotalReportableCompFromOrgAmt0107102
IRS990/TotalRevenueGrp/ExclusionAmt041715
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt074247
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02394984
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01893286
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02083428
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt06800
IRS990/TravelGrp/TotalAmt06800
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1342
IRS990/USAddress/CityNm0SHERWOOD
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097140
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IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SHERWOODCHARTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KORRIN FYALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05039258007
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-02

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