Civic Intelligence

Arco Iris Spanish Immersion Charter School

990 • Fiscal year 2022 • EIN 27-0728766

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 12, 2022

Organization ProfileARCOIRISSCHOOL.ORG
8205 SW Creekside PlaceBeaverton, OR 97008

(503) 372-6052

Siviq Scores

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

Liabilities / Assets

95th percentile

1.06x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

3.60x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

20th percentile

-5.9%

Higher net margin than 20% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

41st percentile

$152,015

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

48th percentile

-0.0%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-8.4%

Faster revenue growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$14,070,081

Down $3,608 (-0.0%) from 2021

Net Assets

Down

-$843,021

Down $257,301 (-44%) from 2021

Liabilities

Up

$14,913,102

Up $253,693 (+1.7%) from 2021

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin20th percentile

Revenue

Down

$4,139,400

Down $380,987 (-8.4%) from 2021

Expenses

Up

$4,384,900

Up $141,078 (+3.3%) from 2021

Net Income

Down

-$245,500

Down $522,065 (-189%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2012: $243,434Liabilities 2012: $52,593Net Assets 2012: $190,8412012Assets 2014: $360,600Liabilities 2014: $58,909Net Assets 2014: $301,6912014Assets 2015: $708,023Liabilities 2015: $374,100Net Assets 2015: $333,9232015Assets 2016: $761,206Liabilities 2016: $713,886Net Assets 2016: $47,3202016Assets 2017: $1,548,965Liabilities 2017: $1,335,475Net Assets 2017: $213,4902017Assets 2018: $2,135,404Liabilities 2018: $1,603,050Net Assets 2018: $532,3542018Assets 2019: $13,972,254Liabilities 2019: $14,322,416Net Assets 2019: -$350,1622019Assets 2020: $13,574,900Liabilities 2020: $14,437,185Net Assets 2020: -$862,2852020Assets 2021: $14,073,689Liabilities 2021: $14,659,409Net Assets 2021: -$585,7202021Assets 2022: $14,070,081Liabilities 2022: $14,913,102Net Assets 2022: -$843,0212022Assets 2023: $14,540,793Liabilities 2023: $14,712,494Net Assets 2023: -$171,7012023Assets 2024: $14,575,546Liabilities 2024: $14,523,453Net Assets 2024: $52,0932024Assets 2025: $14,549,258Liabilities 2025: $14,324,070Net Assets 2025: $225,1882025

Highlighted filing

2022

Assets$14,070,081
Liabilities$14,913,102
Net Assets-$843,021
Open 2022 Filing

Operations Trend

Revenue Growth28th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $646,7332012Revenue 2014: $1,301,147Expenses 2014: $1,264,530Net Income 2014: $36,6172014Revenue 2015: $1,666,193Expenses 2015: $1,227,777Net Income 2015: $438,4162015Revenue 2016: $1,761,485Expenses 2016: $2,048,088Net Income 2016: -$286,6032016Revenue 2017: $2,054,303Expenses 2017: $1,888,132Net Income 2017: $166,1712017Revenue 2018: $2,539,107Expenses 2018: $2,220,243Net Income 2018: $318,8642018Revenue 2019: $2,868,855Expenses 2019: $3,751,371Net Income 2019: -$882,5162019Revenue 2020: $3,492,665Expenses 2020: $3,985,502Net Income 2020: -$492,8372020Revenue 2021: $4,520,387Expenses 2021: $4,243,822Net Income 2021: $276,5652021Revenue 2022: $4,139,400Expenses 2022: $4,384,900Net Income 2022: -$245,5002022Revenue 2023: $4,715,071Expenses 2023: $4,870,544Net Income 2023: -$155,4732023Revenue 2024: $5,241,235Expenses 2024: $5,017,441Net Income 2024: $223,7942024Revenue 2025: $5,390,333Expenses 2025: $5,217,238Net Income 2025: $173,0952025

Highlighted filing

2022

Revenue$4,139,400
Expenses$4,384,900
Net Income-$245,500
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 12, 2022
Return Version
2021v4.0
Gross Receipts
$4,163,055
Mission and Program Overview

Mission

To offer a solid education that includes spanish immersion and a rigorous mathematical curriculum that will prepare students to be responsible citizens and lifelong learners with strong values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,769,413$9,482,177▼ $287,236
Cash and Non-Interest-Bearing Accounts$383,716$1,659,993▲ $1,276,277
Savings and Temporary Cash Investments$2,504,294$1,123,124▼ $1,381,170
Accounts Receivable$82,285$171,090▲ $88,805
Prepaid Expenses and Deferred Charges$5,041$10,283▲ $5,242
Total Assets$14,073,689$14,070,081▼ $3,608
Other Assets Total$1,328,940$1,623,414▲ $294,474
Liabilities
Tax Exempt Bond Liabilities$11,495,000$11,425,000▼ $70,000
Other Liabilities$2,681,141$3,100,109▲ $418,968
Mortgage Notes Payable Secured by Investment Property$300,000$300,000→ $0
Accounts Payable and Accrued Expenses$183,268$87,993▼ $95,275
Total Liabilities$14,659,409$14,913,102▲ $253,693
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,079,007$1,144,290▲ $65,283
Net Assets Without Donor Restrictions$-1,664,727$-1,987,311▼ $322,584
Total Net Assets Fund Balance$-585,720$-843,021▼ $257,301
Total Liabilities and Net Assets / Fund Balance$14,073,689$14,070,081▼ $3,608

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,972,295$724,754-
Land$1,250,000--
Equipment$259,882$257,643-
Other Assets Org$75,074--
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle HerronPrincipalFT$117,290$34,725$152,015

Board Members and Trustees

NameTitle
Christa BillingsPresident
Charity StaudenrausMember
Erin HatchMember
Tessa MccoyMember
Sarah ZephirinSecretary
Yessenita JonesTreasurer
Sarita StevensVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,962,766
Program Service Revenue
$198,407
Investment Income
$1,882
Other Revenue
$-23,655
All Other Contributions
$631,405
Change in Net Assets
$-245,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,139,400
Total Revenue per Audited Statements
$4,139,400
Total Revenue per Form 990
$4,139,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,600,402
Other Expenses$1,784,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,511,964$139,438-$1,651,402
Interest$680,650--$680,650
Pension Plan Contributions$362,241$120,618-$482,859
Depreciation Depletion$285,158$31,700-$316,858
Occupancy-$243,447-$243,447
Other Employee Benefits$175,536$23,344-$198,880
Payroll Taxes$126,429$23,542-$149,971
Current Officers, Directors, Trustees, and Key Employees-$117,290-$117,290
Fees for Services Accounting-$81,227-$81,227
All Other Expenses-$63,441-$63,441
Information Technology-$44,073-$44,073
Other Expenses$41,521$1,961-$41,521
Insurance-$29,459-$29,459
Travel-$22,839-$22,839
Fees for Services Legal-$19,409-$19,409
Advertising-$2,348-$2,348
Total Functional Expenses$3,356,124$1,028,776$0$4,384,900

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,384,900
Total Expenses per Audited Statements$4,384,900
Total Expenses per Form 990$4,384,900
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$23,655
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$218,458-$2,795-
Fun Run$39,977-$15,115-
Total Events$258,435-$23,655$-23,655
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$1,666,204
Pers Deferred Inflows$1,348,593
Lease Liability$85,312

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACharter School Revenue Bonds 20182018-07-31$11,735,000To make a loan to the charter school. The proceeds of the loan are used to pay or reimburse the capi

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,735,000-$310,000$228,485

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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, Page 6, Part VI, Line 11B

“Form 990 governing body review. The initial 990 draft is prepared by the bookkeeper and external cpa. It is then submitted to the board finance committee for review and comment. If there are no changes, the finance committee submits the 990 to the full board with a recommendation for approval. The board then discusses and votes on the approval of the 990. Once approved, it is deliver to the irs through the cpa.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest policy. The board engages in an annual update of conflict of interest reporting for its members, with the understanding that any mid-year changes also be reported by affected members. The forms are reviewed by the entire board or the board officer corp for potential issues. Any issues would be brought up with the relevant member, with agreement reached on abstention or resignation as appropriate and depending on the significance of the conflict. The forms are open for review by all board members and officers.”

Form 990, Page 6, Part VI, Line 15A

“Principal and key employee compensation review. The principal's compensation is determined by members of the board who are defined as independent, in consultation with the school's human resource consultant. The board reviews comparable data from recional public and charter schools. Other key employee compensation is reviewed using similar data sources, as appropriate to the position, with the involvement of the principal, human resource consultant, and the board dinance committee.”

Form 990, Page 6, Part VI, Line 15B

“Principal and key employee compensation review. The principal's compensation is determined by members of the board who are defined as independent, in consultation with the school's human resource consultant. The board reviews comparable data from regional public and charter schools. Other key employee compensation is reviewed using simular data sources, as appropriate to the position, with the involvement of the principal, human resource consultant, and the board finance committee.”

Form 990, Page 6, Part VI, Line 19

“Documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Arco Iris Spanish Immersion Charter
EIN
27-0728766
Phone
5033726052
Address
8205 SW CREEKSIDE PLACE, BEAVERTON, OR 97008

Signing Officer

Name
Christa Billings
Title
President
Phone
5033726052
Signed
2022-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christa Billings
Formed
2009
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
56

Preparer

Firm
Jarrard Seibert Pollard & Co LLC
Address
1800 BLANKENSHIP RD SUITE 450, WEST LINN, OR 97068-4191
Preparer
William N Lisac
Phone
5037237600
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“SCHOLARSHIPS”

Form 990, Part XI, Line 9

“Restate beginning balance 0 due to implementation of gasb 87 0 accounting for right-to-use lease -11,801 total -11,801”

Raw XML AppendixShowing 400 of 516 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0183268
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt087993
IRS990/AccountsReceivableGrp/BOYAmt082285
IRS990/AccountsReceivableGrp/EOYAmt0171090
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OFFER A SOLID EDUCATION THAT INCLUDES SPANISH IMMERSION AND A RIGOROUS MATHEMATICAL CURRICULUM THAT WILL PREPARE STUDENTS TO BE RESPONSIBLE CITIZENS AND LIFELONG LEARNERS WITH STRONG VALUES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02348
IRS990/AdvertisingGrp/TotalAmt02348
IRS990/AllOtherContributionsAmt0631405
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt063441
IRS990/AllOtherExpensesGrp/TotalAmt063441
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TRUE BLUE ACCOUNTING
IRS990/BooksInCareOfDetail/PhoneNum05037089687
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt020465 SW CARLIN BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALOHA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097078
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0383716
IRS990/CashNonInterestBearingGrp/EOYAmt01659993
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0117290
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0117290
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0258435
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03962766
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01882
IRS990/CYOtherExpensesAmt01784498
IRS990/CYOtherRevenueAmt0-23655
IRS990/CYProgramServiceRevenueAmt0198407
IRS990/CYRevenuesLessExpensesAmt0-245500
IRS990/CYSalariesCompEmpBnftPaidAmt02600402
IRS990/CYTotalExpensesAmt04384900
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04139400
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt031700
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0285158
IRS990/DepreciationDepletionGrp/TotalAmt0316858
IRS990/Desc0ENHANCED THE EDUCATIONAL ENRICHMENT OF A DIVERSE GROUP OF CHILDREN BY PROVIDING A CHALLENGING CURRICULUM, TAUGHT ALMOST EXCLUSIVELY IN SPANISH. SUCCESS IN THIS PROGRAM WILL PROVIDE LIFE-LONG CONFIDENCE AND WILL CREATE A TRULY INTERNATIONAL CITIZEN, ABLE TO THRIVE AND COMPETE IN A GLOBAL ENVIRONMENT. APPROXIMATELY 428 STUDENTS BENEFITED FROM THIS PROGRAM.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01079007
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01144290
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt056
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt03314603
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt081227
IRS990/FeesForServicesAccountingGrp/TotalAmt081227
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt019409
IRS990/FeesForServicesLegalGrp/TotalAmt019409
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt734725
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRISTA BILLINGS
IRS990/Form990PartVIISectionAGrp/PersonNm1SARITA STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm2SARAH ZEPHIRIN
IRS990/Form990PartVIISectionAGrp/PersonNm3YESSENITA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARITY STAUDENRAUS
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIN HATCH
IRS990/Form990PartVIISectionAGrp/PersonNm6TESSA MCCOY
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHELLE HERRON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7117290
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0258435
IRS990/FundraisingDirectExpensesAmt023655
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt03072926
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04163055
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt044073
IRS990/InformationTechnologyGrp/TotalAmt044073
IRS990/InsuranceGrp/ManagementAndGeneralAmt029459
IRS990/InsuranceGrp/TotalAmt029459
IRS990/InterestGrp/ProgramServicesAmt0680650
IRS990/InterestGrp/TotalAmt0680650
IRS990/InvestmentIncomeGrp/ExclusionAmt01882
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01882
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0982397
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09769413
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09482177
IRS990/LandBldgEquipCostOrOtherBssAmt010464574
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OFFER A SOLID EDUCATION THAT INCLUDES SPANISH IMMERSION AND A RIGOROUS MATHEMATICAL CURRICULUM THAT WILL PREPARE STUDENTS TO BE RESPONSIBLE CITIZENS AND LIFELONG LEARNERS WITH STRONG VALUES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0300000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0300000
IRS990/NetAssetsOrFundBalancesBOYAmt0-585720
IRS990/NetAssetsOrFundBalancesEOYAmt0-843021
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-23655
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1664727
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1987311
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0243447
IRS990/OccupancyGrp/TotalAmt0243447
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01328940
IRS990/OtherAssetsTotalGrp/EOYAmt01623414
IRS990/OtherChangesInNetAssetsAmt0-11801
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023344
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0175536
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0198880
IRS990/OtherExpensesGrp/Desc0SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS/CURRICULUM
IRS990/OtherExpensesGrp/Desc3NUTRITION SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt064640
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11961
IRS990/OtherExpensesGrp/ProgramServicesAmt047754
IRS990/OtherExpensesGrp/ProgramServicesAmt166257
IRS990/OtherExpensesGrp/ProgramServicesAmt258614
IRS990/OtherExpensesGrp/ProgramServicesAmt341521
IRS990/OtherExpensesGrp/TotalAmt0112394
IRS990/OtherExpensesGrp/TotalAmt168218
IRS990/OtherExpensesGrp/TotalAmt258614
IRS990/OtherExpensesGrp/TotalAmt341521
IRS990/OtherLiabilitiesGrp/BOYAmt02681141
IRS990/OtherLiabilitiesGrp/EOYAmt03100109
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0139438
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01511964
IRS990/OtherSalariesAndWagesGrp/TotalAmt01651402
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023542
IRS990/PayrollTaxesGrp/ProgramServicesAmt0126429
IRS990/PayrollTaxesGrp/TotalAmt0149971
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0120618
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0362241
IRS990/PensionPlanContributionsGrp/TotalAmt0482859
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05041
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010283
IRS990/PrincipalOfficerNm0CHRISTA BILLINGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1722514
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0AFTER SCHOOL CARE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0135652
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt144520
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0135652
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt144520
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218235
IRS990/ProgSrvcAccomActy2Grp/Desc0FOOD SERVICES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt041521
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCHOLARSHIPS
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04424494
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt028250
IRS990/PYInvestmentIncomeAmt02986
IRS990/PYOtherExpensesAmt01583053
IRS990/PYOtherRevenueAmt0-18988
IRS990/PYProgramServiceRevenueAmt0111895
IRS990/PYRevenuesLessExpensesAmt0276565
IRS990/PYSalariesCompEmpBnftPaidAmt02632519
IRS990/PYTotalExpensesAmt04243822
IRS990/PYTotalRevenueAmt04520387
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-245500
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02504294
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01123124
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07972295
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0724754
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt08697049
IRS990ScheduleD/EquipmentGrp/BookValueAmt0259882
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0257643
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0517525
IRS990ScheduleD/ExpensesSubtotalAmt04384900
IRS990ScheduleD/LandGrp/BookValueAmt01250000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01250000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01548340
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt175074
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PERS - DEFERRED OUTFLOWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT-TO-USE LEASE ASSET - NET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01666204
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11348593
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt285312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PERS DEFERRED INFLOWS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt04139400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09482177
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01623414
IRS990ScheduleD/TotalExpensesPerForm990Amt04384900
IRS990ScheduleD/TotalLiabilityAmt03100109
IRS990ScheduleD/TotalRevenuePerForm990Amt04139400
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04139400
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04384900
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IN ALL DOCUMENTED AND CIRCULATED SOLICITATIONS FOR REGISTRATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVED ASSISTANCE FROM THE STATE DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0258435
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0218458
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt039977
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt023655
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0218458
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt039977
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0258435
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-23655
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02245
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02245
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017910
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02795
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt015115
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03500
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0117290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt031199
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt03526
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHELLE HERRON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0152015
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0CHARTER SCHOOL REVENUE BONDS, 2018 A TO MAKE A LOAN TO THE CHARTER SCHOOL. THE PROCEEDS OF THE LOAN ARE USED TO PAY OR REIMBURSE THE CAPITALIZEDABLE COSTS OF AQUISITION, CONSTRUCTION, IMPROVEMENT, AND INSTALLATION OF THE BORROWER'S EDUCATION FACILITIES, TO FUND THE DEBT SERVICE RESERVE FUND FOR THE BONDS, TO FUND INTEREST ON THE BONDS, AND TO PAY COSTS OF ISSUANCE OF THE BONDS.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02018-07-31
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0936001787
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum068607AAA9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt011735000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CHARTER SCHOOL REVENUE BONDS 2018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO MAKE A LOAN TO THE CHARTER SCHOOL. THE PROCEEDS OF THE LOAN ARE USED TO PAY OR REIMBURSE THE CAPI
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,070,081
Liabilities
$14,913,102
Net assets
-$843,021
Revenue
$4,139,400
Expenses
$4,384,900
Net income
-$245,500
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.5$14.3$0.23$5.39$5.22$0.17
2024Detailed filing. Detailed filing data is available for this year.$14.6$14.5$0.05$5.24$5.02$0.22
2023Detailed filing. Detailed filing data is available for this year.$14.5$14.7$0.17$4.72$4.87$0.16
2022Detailed filing. Detailed filing data is available for this year.$14.1$14.9$0.84$4.14$4.38$0.25
2021Detailed filing. Detailed filing data is available for this year.$14.1$14.7$0.59$4.52$4.24$0.28
2020Detailed filing. Detailed filing data is available for this year.$13.6$14.4$0.86$3.49$3.99$0.49
2019Detailed filing. Detailed filing data is available for this year.$14.0$14.3$0.35$2.87$3.75$0.88
2018Detailed filing. Detailed filing data is available for this year.$2.14$1.60$0.53$2.54$2.22$0.32
2017Detailed filing. Detailed filing data is available for this year.$1.55$1.34$0.21$2.05$1.89$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.71$0.05$1.76$2.05$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.37$0.33$1.67$1.23$0.44
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.06$0.30$1.30$1.26$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.05$0.19$0.65