Civic Intelligence

Mission Preparatory

990 • Fiscal year 2013 • EIN 27-1599804

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 05, 2013

75 Francis St94112
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

91st percentile

43%

Faster asset growth than 91% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$573,694

Up $171,933 (+43%) from 2012

Net Assets

Up

$554,884

Up $162,294 (+41%) from 2012

Liabilities

Up

$18,810

Up $9,639 (+105%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$1,043,106

Up $422,193 (+68%) from 2012

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $391,624Liabilities 2011: $0Net Assets 2011: $391,6242011Assets 2012: $401,761Liabilities 2012: $9,171Net Assets 2012: $392,5902012Assets 2013: $573,694Liabilities 2013: $18,810Net Assets 2013: $554,8842013Assets 2014: $921,891Liabilities 2014: $70,917Net Assets 2014: $850,9742014Assets 2015: $1,305,781Liabilities 2015: $55,879Net Assets 2015: $1,249,9022015Assets 2016: $2,055,750Liabilities 2016: $73,769Net Assets 2016: $1,981,9812016Assets 2018: $2,397,818Liabilities 2018: $136,352Net Assets 2018: $2,261,4662018Assets 2019: $2,537,088Liabilities 2019: $145,611Net Assets 2019: $2,391,4772019Assets 2020: $1,913,882Liabilities 2020: $65,826Net Assets 2020: $1,848,0562020Assets 2021: $2,673,362Liabilities 2021: $1,326,211Net Assets 2021: $1,347,1512021Assets 2022: $3,723,038Liabilities 2022: $1,170,737Net Assets 2022: $2,552,3012022

Highlighted filing

2013

Assets$573,694
Liabilities$18,810
Net Assets$554,884

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $86,8002011Expenses 2012: $620,9132012Expenses 2013: $1,043,1062013Revenue 2014: $1,728,200Expenses 2014: $1,432,110Net Income 2014: $296,0902014Revenue 2015: $2,263,320Expenses 2015: $1,864,392Net Income 2015: $398,9282015Revenue 2016: $3,049,185Expenses 2016: $2,317,106Net Income 2016: $732,0792016Revenue 2018: $3,792,076Expenses 2018: $3,717,516Net Income 2018: $74,5602018Revenue 2019: $4,774,901Expenses 2019: $4,644,890Net Income 2019: $130,0112019Revenue 2020: $5,345,509Expenses 2020: $5,888,930Net Income 2020: -$543,4212020Revenue 2021: $5,637,024Expenses 2021: $6,137,929Net Income 2021: -$500,9052021Revenue 2022: $8,281,328Expenses 2022: $7,076,178Net Income 2022: $1,205,1502022

Highlighted filing

2013

Revenue-
Expenses$1,043,106
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 5, 2013
Return Version
2012v2.3
Gross Receipts
$1,206,350
Mission and Program Overview

Mission

The mission preparatory school equips kindergarten to eighth grade students with the knowledge, skills, and strength of character needed to succeed in college and serve as leaders in their communities. The mission preparatory school opened in august 2011 with 50 kindergarten students. Each subsequent year, we will enroll a new cohort of 50 kindergarteners. We will work to ensure the school merits charter renewal and continue expanding to serve grades kindergarten through eight. At full capacity, mission prep will serve a maximum of 450 students in grades k-8.

Filing and Contact Details

Filer

EIN
27-1599804
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IRS990/ActivityOrMissionDescription0THE MISSION PREPARATORY SCHOOL EQUIPS KINDERGARTEN TO EIGHTH GRADE STUDENTS WITH THE KNOWLEDGE, SKILLS, AND STRENGTH OF CHARACTER NEEDED TO SUCCEED IN COLLEGE AND SERVE AS LEADERS IN THEIR COMMUNITIES. THE MISSION PREPARATORY SCHOOL OPENED IN AUGUST 2011 WITH 50 KINDERGARTEN STUDENTS. EACH SUBSEQUENT YEAR, WE WILL ENROLL A NEW COHORT OF 50 KINDERGARTENERS. WE WILL WORK TO ENSURE THE SCHOOL MERITS CHARTER RENEWAL AND CONTINUE EXPANDING TO SERVE GRADES KINDERGARTEN THROUGH EIGHT. AT FULL CAPACITY, MISSION PREP WILL SERVE A MAXIMUM OF 450 STUDENTS IN GRADES K-8.
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IRS990/Description0THE MISSION PREPARATORY SCHOOL OPENED IN AUGUST 2011 WITH 50 KINDERGARTEN STUDENTS. EACH SUBSEQUENT YEAR, WE WILL ENROLL A NEW COHORT OF 50 KINDERGARTENERS. WE WILL WORK TO ENSURE THE SCHOOL MERITS CHARTER RENEWAL AND CONTINUE EXPANDING TO SERVE GRADES KINDERGARTEN THROUGH EIGHT. AT FULL CAPACITY, MISSION PREP WILL SERVE A MAXIMUM OF 450 STUDENTS IN GRADES K-8.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE MISSION PREPARATORY SCHOOL EQUIPS KINDERGARTEN TO EIGHTH GRADE STUDENTS WITH THE KNOWLEDGE, SKILLS, AND STRENGTH OF CHARACTER NEEDED TO SUCCEED IN COLLEGE AND SERVE AS LEADERS IN THEIR COMMUNITIES. THE MISSION PREPARATORY SCHOOL OPENED IN AUGUST 2011 WITH 50 KINDERGARTEN STUDENTS. EACH SUBSEQUENT YEAR, WE WILL ENROLL A NEW COHORT OF 50 KINDERGARTENERS. WE WILL WORK TO ENSURE THE SCHOOL MERITS CHARTER RENEWAL AND CONTINUE EXPANDING TO SERVE GRADES KINDERGARTEN THROUGH EIGHT. AT FULL CAPACITY, MISSION PREP WILL SERVE A MAXIMUM OF 450 STUDENTS IN GRADES K-8.
IRS990ScheduleO/GeneralExplanation/Explanation1INDIVIDUAL BOARD MEMBERS WERE ABLE TO REVIEW THE 990 AND COMPARE IT TO THE ORGANIZATION'S FINANCIAL STATEMENTS AND ACCOUNTING REPORTS.
IRS990ScheduleO/GeneralExplanation/Explanation2INDIVIDUAL BOARD MEMBERS REPORT AND THE FULL BOARD DISCUSSES ANY POTENTIAL CONFLICTS OF INTEREST IF/WHEN THEY ARISE.
IRS990ScheduleO/GeneralExplanation/Explanation3THE PROCESS TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S CHIEF EMPLOYED EXECUTIVE INCLUDES ALL OF THESE ELEMENTS: (1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION; (2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THE PROCESS WAS LAST UNDERTAKEN IN MAY 2012: 1) REVIEW AND APPROVAL. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE OF THE ORGANIZATION, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 2) USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT.
IRS990ScheduleO/GeneralExplanation/Explanation4THESE DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND ON REQUEST.
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IRS990ScheduleO/GeneralExplanation/Identifier3COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier4GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalLiabilitiesEOY018810
IRS990/TotalLiabNetAssetsFundBalances/BOY0401760
IRS990/TotalLiabNetAssetsFundBalances/EOY0573694
IRS990/TotalNbrEmployees015
IRS990/TotalNbrVolunteers05
IRS990/TotalNetAssetsFundBalances/BOY0392590
IRS990/TotalNetAssetsFundBalances/EOY0554884
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0891786
IRS990/TotalReportableCompFromOrg0100000
IRS990/TotalRevenueCurrentYear01205400
IRS990/TotalRevenuePriorYear0621879
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0352
IRS990/TotalRevenue/TotalRevenueColumn01205400
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY0232654
IRS990/UnrestrictedNetAssets/EOY0438081
IRS990/UponRequest0X
IRS990/WebSite0WWW.MISSIONPREPARATORY.ORG
IRS990/WhistleblowerPolicy0true
IRS990/YearFormation02009
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/Filer/EIN0271599804
ReturnHeader/Filer/Name/BusinessNameLine10MISSION PREPARATORY
ReturnHeader/Filer/NameControl0MISS
ReturnHeader/Filer/Phone04155089626
ReturnHeader/Filer/USAddress/AddressLine1075 FRANCIS ST
ReturnHeader/Filer/USAddress/City0SAN FRANCISCO
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode094112
ReturnHeader/Officer/AuthorizeThirdParty0false
ReturnHeader/Officer/DateSigned02013-11-05
ReturnHeader/Officer/Name0DAVID NOYOLA
ReturnHeader/Officer/Phone04155089626
ReturnHeader/Officer/Title0CHAIR
ReturnHeader/Preparer/DatePrepared02013-11-06
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10CHAVAN & ASSOCIATES LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101475 SARATOGA AVE SUITE 180
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0SAN JOSE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0CA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0951294951
ReturnHeader/Preparer/Name0SHELDON CHAVAN
ReturnHeader/Preparer/Phone04082178749
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-07-01
ReturnHeader/TaxPeriodEndDate02013-06-30
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-06T16:38:24-06:00

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