Civic Intelligence

Mountain Peak Charter School

990 • Fiscal year 2012 • EIN 27-0149106

Jul 01, 2011 to Jun 30, 2012 • Filed on Apr 16, 2013

3220 Executive Ridge Road Ste 16092081
Siviq Scores

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

Liabilities / Assets

90th percentile

0.98x

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

19th percentile

-6.4%

Faster asset growth than 19% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$896,489

Down $61,263 (-6.4%) from 2011

Net Assets

Down

$15,929

Down $201,924 (-93%) from 2011

Liabilities

Up

$880,560

Up $140,661 (+19%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$3,545,533

Up $230,971 (+7.0%) from 2011

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.

$1.5M$1.0M$500K$0-$500KAssets 2011: $957,752Liabilities 2011: $739,899Net Assets 2011: $217,8532011Assets 2012: $896,489Liabilities 2012: $880,560Net Assets 2012: $15,9292012Assets 2013: $991,343Liabilities 2013: $1,420,239Net Assets 2013: -$428,8962013Assets 2014: $239,058Liabilities 2014: $98,194Net Assets 2014: $140,8642014Assets 2015: $384,112Liabilities 2015: $0Net Assets 2015: $384,1122015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2012

Assets$896,489
Liabilities$880,560
Net Assets$15,929

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $3,314,5622011Expenses 2012: $3,545,5332012Expenses 2013: $3,674,0972013Revenue 2014: $3,036,126Expenses 2014: $2,466,366Net Income 2014: $569,7602014Revenue 2015: $153,892Expenses 2015: $74,560Net Income 2015: $79,3322015Revenue 2016: $59Expenses 2016: $384,171Net Income 2016: -$384,1122016

Highlighted filing

2012

Revenue-
Expenses$3,545,533
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Apr 16, 2013
Return Version
2011v1.5
Gross Receipts
$3,343,609
Mission and Program Overview

Mission

To foster the innate curiosity of our students, empower their parents and promote optimum learning by developing a personalized learning program for each student.

Filing and Contact Details

Filer

EIN
27-0149106
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0THE SCHOOL HAS AN OPEN ENROLLMENT POLICY THAT IS RACIALLY NONDISCRIMINATORY. ALL POLICIES ARE PROVIDED TO STUDENTS AND PARENTS IN WRITING DURING THE ENROLLMENT PROCESS.
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IRS990ScheduleL/Form990ScheduleLPartV/Explanation0THE SCHOOL ACCESSED A LINE OF CREDIT FROM ANOTHER ENTITY KNOWN AS EPCS . A MOUNTAIN PEAK CHARTER SCHOOL BOARD MEMBER, DANIELLE HOOPER, ALSO SERVES ON THE BOARD OF EPCS, HOWEVER, SHE DID NOT PARTICIPATE IN ANY DELIBERATIONS NOR DID SHE HAVE ANY VOTE WHEN THE MOUNTAIN PEAK BOARD VOTED TO APPROVE ACCESSING THIS LOAN.
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IRS990ScheduleO/GeneralExplanation/Explanation0ADJUSTMENT TO BRGINNING FUND BALANCE PER AUDIT REPORT
IRS990ScheduleO/GeneralExplanation/Explanation1AT THE START OF EACH FISCAL YEAR, ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE IN WRITING ANY POTENTIAL CONFLICTS OF INTERESTS. ALL CONTRACTS OR AGREEMENTS ARE REVIEWED AND MUST BE APPROVED BY THE EXECUTIVE DIRECTOR, CFO, OR DESIGNEE. ONE OF THE GOALS OF THAT INITIAL EXAMINIATION AS WELL AS VIA PERIODIC REVIEW OF ALL BUSINESS RELATIONSHIPS IS TO AVOID ANY POTENTIAL CONFLICTS OF INTEREST. ALL EXPENDITURES (INCLUDING PAYMENTS TO VENDORS) ARE REVIEWED BY THE EXECUTIVE DIRECTOR, CFO, OR DESIGNEE, AND ARE DISCLOSED TO THE PUBLIC ON A MONTHLY BASIS AS PART OF A BOARD PACKET OF EXHIBITS (WHICH INCLUDES A VOUCHER LIST OF ALL PAYMENTS), SO THE BOARD CAN ALSO INDEPENDENTLY MONITOR AND INQUIRE ABOUT ANY TRANSACTION THAT MIGHT POTENTIALLY RAISE AN ISSUE REGARDING CONFICT OF INTEREST. IF ANY ISSUE OF CONFLICT OF INTEREST WERE TO ARISE, THE EXECUITVE DIRECTOR, CFO, OR DESIGNEE IS PRIMARILY RESPONSIBLE TO ENFORCE THE CONFLICT OF INTEREST POLICY AND REJECT ANY PROPOSED BUSINESS OR FINANCIAL ARRANGEMENT THAT WOULD BE IN VIOLATION OF THE POLICY. THE BOARD ALSO RETAINS OVERSIGHT AUTHORITY TO REJECT ANY ITEM FOR PAYMENT THAT IS PRESENTED ON ITS CONSENT AGENDA, AND CAN ORDER THE EXECUTIVE DIRECTOR, CFO, OR DESIGNEE TO DISASSOCIATE THE SCHOOL FROM DOING BUSINESS WITH ANY ENTITY THAT MIGHT BE IN VIOLATION OF THE SCHOOL'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BY-LAWS WERE AMENDED TO REMOVE TERMS OF OFFICE FOR BOARD MEMBERS FORM TWO TERMS TO NO SPECIFIED AMOUNT OF TERMS OF SERVICE.
IRS990ScheduleO/GeneralExplanation/Explanation3A COPY OF THE 990 MIS PROVIDED TO THE BOARD OF DIRECTORS IN THE MEETING PACKAGE FOR REVIEW AND RATIFICATION.
IRS990ScheduleO/GeneralExplanation/Explanation4THE BOARD OF DIRECTORS REVIEWS THE JOB PERFORMANCE OF TOP MANAGEMENT IN CLOSED SESSION AND SHARES ITS FINDINGS WITH EACH INDIVIDUAL ACCORDINGLY. IT DOES NOT USE COMPARABILITY DATA, BUT INSTEAD CONFERS WITH MOUNTAIN EMPIRE UNIFIED SCHOOL DISTRICT REGARDING APPROPRIATE EXECUTIVE COMPENSATION LEVELS AND AVAILABLE BUDGET. THE BOARD DELIBERATES AND VOTES IN CLOSED SESSION ABOUT EXECUTIVE COMPENSATION, AND THEN MAKES AN EMPLOYMENT OFFER, WHICH IS DISCLOSED AND REPORTED OUT IN OPEN PUBLIC SESSION.
IRS990ScheduleO/GeneralExplanation/Explanation5DESCRIPTION:DUES AND MEMBERSHIPS TOTAL EXPENSES:3485 PROGRAM SERVICES:2788 MANAGEMENT AND GENERAL:697
IRS990ScheduleO/GeneralExplanation/Explanation6DESCRIPTION:INSURANCE TOTAL EXPENSES:51054 PROGRAM SERVICES:40843 MANAGEMENT AND GENERAL:10211
IRS990ScheduleO/GeneralExplanation/Explanation7DESCRIPTION:OPERATIONS AND HOUSEKEEPING TOTAL EXPENSES:60579 PROGRAM SERVICES:48463 MANAGEMENT AND GENERAL:12116
IRS990ScheduleO/GeneralExplanation/Explanation8DESCRIPTION:RENTALS, LEASE REPAIRS TOTAL EXPENSES:59342 PROGRAM SERVICES:47474 MANAGEMENT AND GENERAL:11868
IRS990ScheduleO/GeneralExplanation/Explanation9DESCRIPTION:PROFESSIONAL AND CONSULTING TOTAL EXPENSES:655577 PROGRAM SERVICES:524462 MANAGEMENT AND GENERAL:131115
IRS990ScheduleO/GeneralExplanation/Identifier0PART XI RECONCILIATION OF FUND BALANCE
IRS990ScheduleO/GeneralExplanation/Identifier1CONFLICT OF INTEREST POLICY
IRS990ScheduleO/GeneralExplanation/Identifier2SIGNIFICANT CHANGES TO ORGANIZING DOCUMENTS
IRS990ScheduleO/GeneralExplanation/Identifier3REVIEWING FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier4PROCESS FOR DETERMINING COMPENSATION
IRS990ScheduleO/GeneralExplanation/Identifier5OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier6OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier7OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier8OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier9OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/ReturnReference0PART XI LINE 5
IRS990ScheduleO/GeneralExplanation/ReturnReference1PART VI GOVERNANCE, MANAGEMENT, DISCLOSURE
IRS990ScheduleO/GeneralExplanation/ReturnReference2PART VI GOVERNANCE, MANAGEMENT, DISCLOSURE
IRS990ScheduleO/GeneralExplanation/ReturnReference3PART VI - GOVERNANCE, MANAGEMENT, DISCLOSURE
IRS990ScheduleO/GeneralExplanation/ReturnReference4PART VI GOVERNANCE, MANAGEMENT, DISCLOSURE
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990 PART IX
IRS990ScheduleO/GeneralExplanation/ReturnReference9FORM 990 PART IX
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