Civic Intelligence

Alpha Public Schools Inc.

990 • Fiscal year 2015 • EIN 27-1881962

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 08, 2016

1601 Cunningham AveSan Jose, CA 95122

(408) 780-0830

Siviq Scores

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

Liabilities / Assets

46th percentile

0.15x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

30th percentile

0.08x

Higher debt load relative to revenue than 30% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

80th percentile

21%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

60th percentile

$140,751

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

95th percentile

77%

Faster asset growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

82%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$4,160,299

Up $1,808,138 (+77%) from 2014

Net Assets

Up

$3,553,166

Up $1,657,997 (+87%) from 2014

Liabilities

Up

$607,133

Up $150,141 (+33%) from 2014

Revenue

Up

$7,799,072

Up $3,520,574 (+82%) from 2014

Expenses

Up

$6,141,075

Up $2,774,783 (+82%) from 2014

Net Income

Up

$1,657,997

Up $745,791 (+82%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2013: $1,419,006Liabilities 2013: $436,043Net Assets 2013: $982,9632013Assets 2014: $2,352,161Liabilities 2014: $456,992Net Assets 2014: $1,895,1692014Assets 2015: $4,160,299Liabilities 2015: $607,133Net Assets 2015: $3,553,1662015Assets 2016: $6,453,124Liabilities 2016: $902,858Net Assets 2016: $5,550,2662016Assets 2017: $11,933,317Liabilities 2017: $748,141Net Assets 2017: $11,185,1762017Assets 2018: $13,089,127Liabilities 2018: $722,186Net Assets 2018: $12,366,9412018Assets 2019: $13,651,488Liabilities 2019: $966,344Net Assets 2019: $12,685,1442019Assets 2020: $17,597,354Liabilities 2020: $4,003,050Net Assets 2020: $13,594,3042020Assets 2021: $20,794,542Liabilities 2021: $4,824,641Net Assets 2021: $15,969,9012021Assets 2022: $20,787,546Liabilities 2022: $1,712,979Net Assets 2022: $19,074,5672022Assets 2023: $29,967,307Liabilities 2023: $8,258,506Net Assets 2023: $21,708,8012023Assets 2024: $28,728,648Liabilities 2024: $7,573,453Net Assets 2024: $21,155,1952024

Highlighted filing

2015

Assets$4,160,299
Liabilities$607,133
Net Assets$3,553,166

Operations Trend

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

$40M$30M$20M$10M$0Expenses 2013: $1,666,6212013Revenue 2014: $4,278,498Expenses 2014: $3,366,292Net Income 2014: $912,2062014Revenue 2015: $7,799,072Expenses 2015: $6,141,075Net Income 2015: $1,657,9972015Revenue 2016: $11,437,586Expenses 2016: $9,440,486Net Income 2016: $1,997,1002016Revenue 2017: $19,478,379Expenses 2017: $16,969,014Net Income 2017: $2,509,3652017Revenue 2018: $19,341,978Expenses 2018: $18,160,213Net Income 2018: $1,181,7652018Revenue 2019: $20,414,718Expenses 2019: $20,096,515Net Income 2019: $318,2032019Revenue 2020: $22,204,599Expenses 2020: $21,295,439Net Income 2020: $909,1602020Revenue 2021: $26,321,038Expenses 2021: $23,945,441Net Income 2021: $2,375,5972021Revenue 2022: $31,741,030Expenses 2022: $28,636,364Net Income 2022: $3,104,6662022Revenue 2023: $35,964,243Expenses 2023: $33,330,009Net Income 2023: $2,634,2342023Revenue 2024: $38,306,412Expenses 2024: $38,174,909Net Income 2024: $131,5032024

Highlighted filing

2015

Revenue$7,799,072
Expenses$6,141,075
Net Income$1,657,997
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 8, 2016
Return Version
2014v6.0
Gross Receipts
$7,799,072
Mission and Program Overview

Mission

To empower great teachers and inspire active learning. To change the educational and economic trajectory of our students' lives and transform their surrounding communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,531,250$3,575,362▲ $2,044,112
Accounts Receivable$791,553$541,084▼ $250,469
Prepaid Expenses and Deferred Charges$29,358$43,853▲ $14,495
Total Assets$2,352,161$4,160,299▲ $1,808,138
Liabilities
Accounts Payable and Accrued Expenses$306,992$340,461▲ $33,469
Unsecured Notes Loans Payable$150,000$266,672▲ $116,672
Total Liabilities$456,992$607,133▲ $150,141
Net Assets / Fund Balance
Unrestricted Net Assets$1,895,169$3,553,166▲ $1,657,997
Total Net Assets Fund Balance$1,895,169$3,553,166▲ $1,657,997
Total Liabilities and Net Assets / Fund Balance$2,352,161$4,160,299▲ $1,808,138
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John GloverCEOFT$132,203$8,548$140,751
Hope EvansPrincipalFT$103,973$4,454$108,427

Board Members and Trustees

NameTitle
Allison ElliotChairperson
Tim RanzettaVice Chairpe
Daniel FishmanBoard Member
Jaqui GuzmanBoard Member
Richard GarrettBoard Member
Valerie FaillaceBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$7,235,563
Program Service Revenue
$0
Investment Income
$6,381
Other Revenue
$557,128
All Other Contributions
$1,147,882
Change in Net Assets
$1,657,997

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,799,072
Total Revenue per Audited Statements
$7,799,072
Total Revenue per Form 990
$7,799,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,094,031
Salaries, Compensation, and Employee Benefits$3,047,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,772,361$658,374-$2,430,735
Fees for Services Other$556,191$249,342-$805,533
Occupancy$346,897$192,887-$539,784
Other Employee Benefits$137,392$93,390-$230,782
Payroll Taxes$136,565$84,192-$220,757
Current Officers, Directors, Trustees, and Key Employees$164,770--$164,770
Information Technology$144,605$17,075-$161,680
Conferences and Meetings$77,864$62,208-$140,072
Advertising-$99,383-$99,383
Other Expenses$68,033$90,000-$90,000
Travel$21,240$25,968-$47,208
Office Expenses$1,751$44,872-$46,623
Fees for Services Management-$46,412-$46,412
Insurance-$18,872-$18,872
Fees for Services Accounting-$9,600-$9,600
Interest-$844-$844
Fees for Services Legal-$689-$689
Total Functional Expenses$4,411,173$1,729,902$0$6,141,075

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,141,075
Total Expenses per Audited Statements$6,141,075
Total Expenses per Form 990$6,141,075
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 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

The 990 will be reviewed by the ceo and the board.

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

All required officers complete form 700, annual board training is provided on conflict of interest policies.

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

Salary surveys of other schools are reviewed. The independent governing board makes the final decision.

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

SAME AS ABOVE.

Form 990, Page 6, Part VI, Line 19

The governing board agendas are posted on the school website. All documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Alpha Public Schools
EIN
27-1881962
Phone
4087800830
Address
1601 CUNNINGHAM AVE, SAN JOSE, CA 95122

Signing Officer

Name
John Glover
Title
CEO
Phone
4087800830
Signed
2016-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Glover
Formed
2010
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
71
Volunteers
150

Preparer

Firm
Vicenti Lloyd & Stutzman
Address
2210 E ROUTE 66 STE 100, GLENDORA, CA 91740-4676
Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees 44,686 0 0 operating fees 511,505 91,822 0 janitorial 0 49,400 0 financial services 0 108,120 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. 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 files informational returns in the u.s. Federal jurisdiction, and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. 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 FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalRevenuePerForm990Amt07799072
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/MaintainScholarshipsRecsInd0false
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL DID NOT RECRUIT STUDENTS THROUGH NEWSPAPERS OR MEDIA. HOWEVER, THE POLICY WAS INCLUDED ON MATERIALS DISTRIBUTED AT ALL RECRUITING EVENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1ALPHA PUBIC SCHOOLS DOES NOT AWARD ANY SCHOLARSHIPS OR GRANTS THEREFORE THERE ARE NO RECORDS TO BE KEPT FOR THESE ITEMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2ALPHA PUBLIC SCHOOLS IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE REVIEWED BY THE CEO AND THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL REQUIRED OFFICERS COMPLETE FORM 700, ANNUAL BOARD TRAINING IS PROVIDED ON CONFLICT OF INTEREST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY SURVEYS OF OTHER SCHOOLS ARE REVIEWED. THE INDEPENDENT GOVERNING BOARD MAKES THE FINAL DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAME AS ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BOARD AGENDAS ARE POSTED ON THE SCHOOL WEBSITE. ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTING FEES 44,686 0 0 OPERATING FEES 511,505 91,822 0 JANITORIAL 0 49,400 0 FINANCIAL SERVICES 0 108,120 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07799072
IRS990/TotalVolunteersCnt0150
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IRS990/TravelGrp/ManagementAndGeneralAmt025968
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IRS990/TravelGrp/TotalAmt047208
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01601 CUNNINGHAM AVE
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
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IRS990/WebsiteAddressTxt0HTTP://WWW.ALPHAPUBLICSCHOOLS.ORG/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN GLOVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04087800830
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALPHA PUBLIC SCHOOLS
ReturnHeader/Filer/BusinessNameControlTxt0ALPH
ReturnHeader/Filer/EIN0271881962
ReturnHeader/Filer/PhoneNum04087800830
ReturnHeader/Filer/USAddress/AddressLine1Txt01601 CUNNINGHAM AVE
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952242818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VICENTI LLOYD & STUTZMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02210 E ROUTE 66 STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0917404676
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WADE MCMULLEN CPA
ReturnHeader/ReturnTs02016-03-14T22:18:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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