Civic Intelligence

Valley Charter Schools

990 • Fiscal year 2021 • EIN 27-0174003

Jul 01, 2020 to Jun 30, 2021 • Filed on May 09, 2022

Organization ProfileWWW.VALLEYCHARTERSCHOOL.ORG
16514 Nordhoff StreetNorth Hills, CA 91343

(818) 810-6713

Siviq Scores

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

Liabilities / Assets

65th percentile

0.26x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

53rd percentile

0.19x

Higher debt load relative to revenue than 53% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

17th percentile

-4.3%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$160,372

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

7th percentile

-9.4%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-8.5%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$4,588,386

Down $477,558 (-9.4%) from 2020

Net Assets

Down

$3,408,441

Down $272,748 (-7.4%) from 2020

Liabilities

Down

$1,179,945

Down $204,810 (-15%) from 2020

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin17th percentile

Revenue

Down

$6,295,706

Down $588,399 (-8.5%) from 2020

Expenses

Down

$6,568,454

Down $234,273 (-3.4%) from 2020

Net Income

Down

-$272,748

Down $354,126 (-435%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$10M$5.0M$0Assets 2012: $1,156,101Liabilities 2012: $187,039Net Assets 2012: $969,0622012Assets 2013: $1,882,944Liabilities 2013: $560,853Net Assets 2013: $1,322,0912013Assets 2014: $2,393,944Liabilities 2014: $466,182Net Assets 2014: $1,927,7622014Assets 2015: $2,252,713Liabilities 2015: $276,516Net Assets 2015: $1,976,1972015Assets 2016: $2,629,298Liabilities 2016: $165,098Net Assets 2016: $2,464,2002016Assets 2017: $2,972,616Liabilities 2017: $176,532Net Assets 2017: $2,796,0842017Assets 2018: $3,425,501Liabilities 2018: $161,549Net Assets 2018: $3,263,9522018Assets 2019: $4,298,701Liabilities 2019: $698,890Net Assets 2019: $3,599,8112019Assets 2020: $5,065,944Liabilities 2020: $1,384,755Net Assets 2020: $3,681,1892020Assets 2021: $4,588,386Liabilities 2021: $1,179,945Net Assets 2021: $3,408,4412021Assets 2022: $5,413,607Liabilities 2022: $1,051,805Net Assets 2022: $4,361,8022022Assets 2023: $8,452,929Liabilities 2023: $3,569,067Net Assets 2023: $4,883,8622023Assets 2024: $9,028,414Liabilities 2024: $3,605,978Net Assets 2024: $5,422,4362024Assets 2025: $9,221,551Liabilities 2025: $3,520,726Net Assets 2025: $5,700,8252025

Highlighted filing

2021

Assets$4,588,386
Liabilities$1,179,945
Net Assets$3,408,441
Open 2021 Filing

Operations Trend

Revenue Growth20th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2012: $1,905,4332012Expenses 2013: $2,751,5192013Revenue 2014: $3,965,010Expenses 2014: $3,359,339Net Income 2014: $605,6712014Revenue 2015: $3,867,622Expenses 2015: $3,819,187Net Income 2015: $48,4352015Revenue 2016: $5,025,167Expenses 2016: $4,537,164Net Income 2016: $488,0032016Revenue 2017: $5,425,764Expenses 2017: $5,093,880Net Income 2017: $331,8842017Revenue 2018: $6,358,033Expenses 2018: $5,890,166Net Income 2018: $467,8672018Revenue 2019: $6,897,100Expenses 2019: $6,561,241Net Income 2019: $335,8592019Revenue 2020: $6,884,105Expenses 2020: $6,802,727Net Income 2020: $81,3782020Revenue 2021: $6,295,706Expenses 2021: $6,568,454Net Income 2021: -$272,7482021Revenue 2022: $8,215,535Expenses 2022: $7,262,174Net Income 2022: $953,3612022Revenue 2023: $9,219,360Expenses 2023: $8,697,300Net Income 2023: $522,0602023Revenue 2024: $10,126,976Expenses 2024: $9,588,402Net Income 2024: $538,5742024Revenue 2025: $10,726,142Expenses 2025: $10,447,753Net Income 2025: $278,3892025

Highlighted filing

2021

Revenue$6,295,706
Expenses$6,568,454
Net Income-$272,748
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 9, 2022
Return Version
2020v4.2
Gross Receipts
$6,295,706
Mission and Program Overview

Mission

To provide a holistic and exceptional education to a diverse student body, cultivating in students intellectual curiosity, collaboration, respect for others, and a passion for excellence.

To operate two california public charter schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,431,033$2,700,406▲ $269,373
Accounts Receivable$1,101,156$1,576,119▲ $474,963
Land, Buildings, and Equipment, Net$1,061,507$170,847▼ $890,660
Prepaid Expenses and Deferred Charges$110,304$97,148▼ $13,156
Total Assets$5,065,944$4,588,386▼ $477,558
Other Assets Total$361,944$43,866▼ $318,078
Liabilities
Unsecured Notes Loans Payable$794,108$794,109▲ $1
Deferred Revenue$42,531$243,779▲ $201,248
Accounts Payable and Accrued Expenses$548,116$142,057▼ $406,059
Total Liabilities$1,384,755$1,179,945▼ $204,810
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,681,189$3,406,825▼ $274,364
Net Assets With Donor Restrictions-$1,616-
Total Net Assets Fund Balance$3,681,189$3,408,441▼ $272,748
Total Liabilities and Net Assets / Fund Balance$5,065,944$4,588,386▼ $477,558

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$120,467$223,644$344,111
Leasehold Improvements$50,380$48,020$98,400
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew RubinPrincipal, VcmsFT$118,060$42,312$160,372
Carolyn YaffeExecutive DirectorFT$114,065$43,744$157,809
Elizabeth AdamsPrincipal, VcesFT$102,420$48,364$150,784

Board Members and Trustees

NameTitle
Daniel ChangChair
Alex FarivarMember
Gretchen MorganMember
Jennifer BennettMember
Jennifer HawtreyMember
Lindsey Cole CombsMember
Tess RaminMember
Angie SaldivarSecretary
Bill RobertsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
ArcAfter School Services370 AMAPOLA AVE SUITE 208, Torrance, CA 90501$269,303
Total Education ServicesSpecial Education Services625 FAIR OAKS AVE STE 300, South Pasadena, CA 91367$208,616
Cross Country Education (formerly DirectSpecial Education Services21820 BURBANK BLVD 310B, Woodland Hills, CA 91367$125,620
ExedBack Office Services11858 LA GRANGE AVE, Los Angeles, CA 90025$123,102
Revenue and Support

Revenue Composition

Contributions and Grants
$7,260,341
Program Service Revenue
$0
Investment Income
$6,908
Other Revenue
$-971,543
All Other Contributions
$233,828
Change in Net Assets
$-272,748

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,295,706
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,295,706
Total Revenue per Form 990
$6,295,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,074,519
Other Expenses$2,493,935
Total Fundraising Expense$15,596
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,732,036$319,440-$3,051,476
Fees for Services Other$700,377$184,968-$885,345
Occupancy$608,527$72,016-$680,543
Pension Plan Contributions$370,055$488-$370,543
Other Employee Benefits$287,473$69,377-$356,850
Office Expenses$250,211$44,958-$295,169
All Other Expenses-$214,715-$214,715
Current Officers, Directors, Trustees, and Key Employees-$206,683-$206,683
Payroll Taxes$69,086$19,881-$88,967
Insurance-$74,582-$74,582
Fees for Services Legal-$67,233-$67,233
Fees for Services Management$51,025--$51,025
Depreciation Depletion$44,476$314-$44,790
Advertising-$37,724-$37,724
Information Technology$3,500$33,085-$36,585
Other Expenses$12,505$12,961$15,596$12,961
Fees for Services Accounting-$7,644-$7,644
Interest-$5,004-$5,004
Conferences and Meetings$424--$424
Total Functional Expenses$5,178,433$1,374,425$15,596$6,568,454

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,568,454
Total Expenses per Audited Statements$6,568,454
Total Expenses per Form 990$6,568,454
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
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

Form 990, Part VI, Section A, Line 8B

“There are no committees that have the authority to act on behalf of the board.”

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

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then distributed to governing board members prior to submitting to the irs.”

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

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

Form 990, Part VI, Section B, Line 15

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, along with financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Valley Charter School
EIN
27-0174003
Phone
8188106713
Address
16514 NORDHOFF STREET, NORTH HILLS, CA 91343

Signing Officer

Name
Carolyn Yaffe
Title
Executive Director
Phone
8188106713
Signed
2022-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Yaffe
Formed
2009
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
107
Volunteers
90

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Special education services: program service expenses 328,852. Management and general expenses 0. Fundraising expenses 0. Total expenses 328,852. Other fees for services: program service expenses 371,525. Management and general expenses 184,968. Fundraising expenses 0. Total expenses 556,493.”

FORM 990, PART XII, LINE 2C:

“The oversight and selection process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is organized as a california nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(a) of the internal revenue code as an organization described in section 501(c)(3) and qualifies for the charitable contribution deduction under section 170(b)(1)(a)(vi). It is also exempt from state franchise and income taxes under section 23701(d) of the california revenue and taxation code. 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 organization is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the organization is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purposes.”

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IRS990/Form990PartVIISectionAGrp/PersonNm6ALEX FARIVAR
IRS990/Form990PartVIISectionAGrp/PersonNm7JENNIFER BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm8GRETCHEN MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm9LINDSEY COLE COMBS
IRS990/Form990PartVIISectionAGrp/PersonNm10JENNIFER HAWTREY
IRS990/Form990PartVIISectionAGrp/PersonNm11TESS RAMIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0118060
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1114065
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2102420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRINCIPAL, VCMS
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRINCIPAL, VCES
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt07026513
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06295706
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt033085
IRS990/InformationTechnologyGrp/ProgramServicesAmt03500
IRS990/InformationTechnologyGrp/TotalAmt036585
IRS990/InsuranceGrp/ManagementAndGeneralAmt074582
IRS990/InsuranceGrp/TotalAmt074582
IRS990/InterestGrp/ManagementAndGeneralAmt05004
IRS990/InterestGrp/TotalAmt05004
IRS990/InvestmentIncomeGrp/ExclusionAmt06908
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06908
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0271664
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01061507
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0170847
IRS990/LandBldgEquipCostOrOtherBssAmt0442511
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF VALLEY CHARTER SCHOOLS IS TO PROVIDE A HOLISTIC AND EXCEPTIONAL EDUCATION TO A DIVERSE STUDENT BODY, CULTIVATING IN STUDENTS INTELLECTUAL CURIOSITY, COLLABORATION, RESPECT FOR OTHERS, AND A PASSION FOR EXCELLENCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03681189
IRS990/NetAssetsOrFundBalancesEOYAmt03408441
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03681189
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03406825
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt072016
IRS990/OccupancyGrp/ProgramServicesAmt0608527
IRS990/OccupancyGrp/TotalAmt0680543
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt044958
IRS990/OfficeExpensesGrp/ProgramServicesAmt0250211
IRS990/OfficeExpensesGrp/TotalAmt0295169
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0361944
IRS990/OtherAssetsTotalGrp/EOYAmt043866
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt069377
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0287473
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0356850
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1FOOD AND FOOD SUPPLIES
IRS990/OtherExpensesGrp/Desc2FUNDRAISING COST
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt015596
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03352
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112961
IRS990/OtherExpensesGrp/ProgramServicesAmt048738
IRS990/OtherExpensesGrp/ProgramServicesAmt112505
IRS990/OtherExpensesGrp/TotalAmt048738
IRS990/OtherExpensesGrp/TotalAmt115857
IRS990/OtherExpensesGrp/TotalAmt215596
IRS990/OtherExpensesGrp/TotalAmt312961
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LOSS ON DISPOSAL OF PPE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-971593
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-971593
IRS990/OtherRevenueTotalAmt0-971543
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0319440
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02732036
IRS990/OtherSalariesAndWagesGrp/TotalAmt03051476
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019881
IRS990/PayrollTaxesGrp/ProgramServicesAmt069086
IRS990/PayrollTaxesGrp/TotalAmt088967
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0488
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0370055
IRS990/PensionPlanContributionsGrp/TotalAmt0370543
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0110304
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt097148
IRS990/PrincipalOfficerNm0CAROLYN YAFFE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06884105
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02081829
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt081378
IRS990/PYSalariesCompEmpBnftPaidAmt04720898
IRS990/PYTotalExpensesAmt06802727
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06884105
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-272748
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt050
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/EquipmentGrp/BookValueAmt0120467
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0223644
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0344111
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06568454
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt050380
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt048020
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt098400
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06295706
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ORGANIZED AS A CALIFORNIA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI). IT IS ALSO EXEMPT FROM STATE FRANCHISE AND INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. 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 ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0170847
IRS990ScheduleD/TotalExpensesPerForm990Amt06568454
IRS990ScheduleD/TotalRevenuePerForm990Amt06295706
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06295706
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06568454
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
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

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,588,386
Liabilities
$1,179,945
Net assets
$3,408,441
Revenue
$6,295,706
Expenses
$6,568,454
Net income
-$272,748
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.22$3.52$5.70$10.7$10.4$0.28
2024Detailed filing. Detailed filing data is available for this year.$9.03$3.61$5.42$10.1$9.59$0.54
2023Detailed filing. Detailed filing data is available for this year.$8.45$3.57$4.88$9.22$8.70$0.52
2022Detailed filing. Detailed filing data is available for this year.$5.41$1.05$4.36$8.22$7.26$0.95
2021Detailed filing. Detailed filing data is available for this year.$4.59$1.18$3.41$6.30$6.57$0.27
2020Detailed filing. Detailed filing data is available for this year.$5.07$1.38$3.68$6.88$6.80$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.30$0.70$3.60$6.90$6.56$0.34
2018Detailed filing. Detailed filing data is available for this year.$3.43$0.16$3.26$6.36$5.89$0.47
2017Detailed filing. Detailed filing data is available for this year.$2.97$0.18$2.80$5.43$5.09$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.63$0.17$2.46$5.03$4.54$0.49
2015Detailed filing. Detailed filing data is available for this year.$2.25$0.28$1.98$3.87$3.82$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.39$0.47$1.93$3.97$3.36$0.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.56$1.32$2.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.19$0.97$1.91