Civic Intelligence

California Virtual Education

EIN 26-3326815 • 501(c)3 • Newport Beach, CA

Profile

The organization harnesses the power of a flexible learning environment and modern educational technology to serve learners with diverse backgrounds and goals who seek an education alternative that stimulates and supports independent learning. Through the power and flexibility of the standards- based online curriculum, combined with superior individualized support, the organization creates a learning environment that empowers students to rise to the challenge of independent, self-directed learning.

1200 Quail StreetNewport Beach, CA 92660

www.calpacschools.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

7th percentile

-163%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Down

$0

Down $676,388 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $676,388 (-100%) from 2020

Revenue

Up

$414,750

Up $414,750 from 2020

Expenses

Up

$1,091,138

Up $1,068,695 (+4762%) from 2020

Net Income

Down

-$676,388

Down $653,945 (-2914%) from 2020

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,275,192Liabilities 2012: $2,202,257Net Assets 2012: $1,072,9352012Assets 2013: $1,335,699Liabilities 2013: $960,856Net Assets 2013: $374,8432013Assets 2014: $2,303,699Liabilities 2014: $304,531Net Assets 2014: $1,999,1682014Assets 2015: $928,215Liabilities 2015: $13,333Net Assets 2015: $914,8822015Assets 2016: $722,776Liabilities 2016: $0Net Assets 2016: $722,7762016Assets 2017: $712,929Liabilities 2017: $0Net Assets 2017: $712,9292017Assets 2019: $698,831Liabilities 2019: $0Net Assets 2019: $698,8312019Assets 2020: $676,388Liabilities 2020: $0Net Assets 2020: $676,3882020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $3,886,8732012Expenses 2013: $4,180,9052013Revenue 2014: $4,558,449Expenses 2014: $3,616,026Net Income 2014: $942,4232014Revenue 2015: $15,049Expenses 2015: $1,113,423Net Income 2015: -$1,098,3742015Revenue 2016: $0Expenses 2016: $192,106Net Income 2016: -$192,1062016Revenue 2017: $0Expenses 2017: $9,847Net Income 2017: -$9,8472017Revenue 2019: $0Expenses 2019: $5,244Net Income 2019: -$5,2442019Revenue 2020: $0Expenses 2020: $22,443Net Income 2020: -$22,4432020Revenue 2021: $414,750Expenses 2021: $1,091,138Net Income 2021: -$676,3882021

Highlighted filing

2021

Revenue$414,750
Expenses$1,091,138
Net Income-$676,388

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 22, 2021
Signed
Jul 10, 2021
Return Version
2020v4.1
Gross Receipts
$414,750
Mission and Program Overview

Mission

The organization harnesses the power of a flexible learning environment and modern educational technology to serve learners with diverse backgrounds and goals who seek an education alternative that stimulates and supports independent learning. Through the power and flexibility of the standards- based online curriculum, combined with superior individualized support, the organization creates a learning environment that empowers students to rise to the challenge of independent, self-directed learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$450,000$0▼ $450,000
Cash and Non-Interest-Bearing Accounts$226,388$0▼ $226,388
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$676,388$0▼ $676,388
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$676,388$0▼ $676,388
Total Net Assets Fund Balance$676,388$0▼ $676,388
Total Liabilities and Net Assets / Fund Balance$676,388$0▼ $676,388
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr William HallPresident
Mike HumphreyMember
Steve FraireMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$414,750
Change in Net Assets
$-676,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,091,138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$1,043,365-$1,043,365
Fees for Services Other-$28,649-$28,649
Fees for Services Legal-$12,582-$12,582
Fees for Services Accounting-$6,542-$6,542
Total Functional Expenses$0$1,091,138$0$1,091,138
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
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, Part VI, Section A, Line 8B

The organization does not have a committee with authority to act on behalf of the governing body.

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

A cpa firm will be engaged to complete the federal form 990. Upon approval, the cpa firm will send the final copy to the charter school for signatures and mailing.

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

At the commencement of the individual's term with cavep and at the beginning of each fiscal year, each board member and officer shall complete a conflict of interest disclosure statement for review by the board of directors.

Form 990, Part VI, Section C, Line 19

The organization will disclosure governing documents, policies and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
California Virtual Education
EIN
26-3326815
Phone
8552557227
Address
1200 QUAIL STREET, NEWPORT BEACH, CA 92660

Signing Officer

Name
Dr William Hall
Title
President
Phone
8552557227
Signed
2021-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr William Hall
Formed
2008
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen CPA
Phone
6268577300
Raw XML Appendix378 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/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/GrossReceiptsAmt0414750
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE A SCHOOL OPERATIONAL DURING YEAR.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DID NOT HAVE A SCHOOL OPERATIONAL DURING YEAR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CPA FIRM WILL BE ENGAGED TO COMPLETE THE FEDERAL FORM 990. UPON APPROVAL, THE CPA FIRM WILL SEND THE FINAL COPY TO THE CHARTER SCHOOL FOR SIGNATURES AND MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE COMMENCEMENT OF THE INDIVIDUAL'S TERM WITH CAVEP AND AT THE BEGINNING OF EACH FISCAL YEAR, EACH BOARD MEMBER AND OFFICER SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT FOR REVIEW BY THE BOARD OF DIRECTORS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR WILLIAM HALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08552557227
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CALIFORNIA VIRTUAL EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PARTNERS
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091740
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WADE MCMULLEN CPA
ReturnHeader/ReturnTs02021-07-13T16:28:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILLIAM HALL
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-22
ReturnHeader/TaxYr02020

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