Civic Intelligence

Westchester Secondary Charter School

990 • Fiscal year 2014 • EIN 27-3526719

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 16, 2015

8820 Sepulveda Eastway90045

(310) 216-6800

Siviq Scores

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

Liabilities / Assets

86th percentile

0.74x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.35x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

46th percentile

$54,713

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$948,130

No earlier filing loaded for comparison.

Net Assets

$244,586

No earlier filing loaded for comparison.

Liabilities

$703,544

No earlier filing loaded for comparison.

Revenue

$2,033,043

No earlier filing loaded for comparison.

Expenses

$1,788,457

No earlier filing loaded for comparison.

Net Income

$244,586

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.

$1.0M$500K$0Assets 2014: $948,130Liabilities 2014: $703,544Net Assets 2014: $244,5862014Assets 2015: $798,264Liabilities 2015: $346,514Net Assets 2015: $451,7502015Assets 2016: $486,680Liabilities 2016: $269,877Net Assets 2016: $216,8032016Assets 2017: $380,382Liabilities 2017: $92,101Net Assets 2017: $288,2812017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$948,130
Liabilities$703,544
Net Assets$244,586

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,033,043Expenses 2014: $1,788,457Net Income 2014: $244,5862014Revenue 2015: $2,724,300Expenses 2015: $2,517,136Net Income 2015: $207,1642015Revenue 2016: $2,822,276Expenses 2016: $3,057,223Net Income 2016: -$234,9472016Revenue 2017: $2,381,978Expenses 2017: $2,310,500Net Income 2017: $71,4782017Revenue 2018: $27,260Expenses 2018: $315,541Net Income 2018: -$288,2812018

Highlighted filing

2014

Revenue$2,033,043
Expenses$1,788,457
Net Income$244,586
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 16, 2015
Return Version
2013v4.0
Gross Receipts
$2,033,043
Mission and Program Overview

Mission

Westchester secondary charter school will provide students in grades 6-12 with a challenging and comprehensive college preparatory education in a public school setting employing the technology of the 21st century. We will inspire students to strive for academic and creative achievement and excellence. The vision of westchester secondary charter school is to develop in its students a sense of personal and civic responsibility, as well as the skills to think critically, communicate effectively, and successfully engage in the global community.

Westchester secondary charter school will provide students in grades 6-12 with a challenging andcomprehensive college preparatory education in a public school setting employing the technology of the21st century. We will inspire students to strive for academic and creative achievement and excellence.vision the vision of westchester secondary charter school is to develop in its students a sense of personal andcivic responsibility, as well as the skills to think critically, communicate effectively, and successfullyengage in the global community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$574,925-
Cash and Non-Interest-Bearing Accounts-$301,210-
Prepaid Expenses and Deferred Charges-$48,922-
Loans From Officers Directors-$42,723-
Land, Buildings, and Equipment, Net$0$18,070▲ $18,070
Savings and Temporary Cash Investments-$5,003-
Total Assets$0$948,130▲ $948,130
Liabilities
Mortgage Notes Payable Secured by Investment Property-$562,466-
Accounts Payable and Accrued Expenses-$75,855-
Deferred Revenue-$22,500-
Total Liabilities$0$703,544▲ $703,544
Net Assets / Fund Balance
Unrestricted Net Assets-$244,586-
Total Net Assets Fund Balance$0$244,586▲ $244,586
Total Liabilities and Net Assets / Fund Balance$0$948,130▲ $948,130

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,070$4,344$22,414
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet LandonExecutive DirectorFT$45,000$9,713$54,713

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,033,038
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$0
All Other Contributions
$52,271
Change in Net Assets
$244,586

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,033,043
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,033,043
Total Revenue per Form 990
$2,033,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,044,719
Other Expenses$743,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$800,328$88,570-$888,898
Occupancy-$169,701-$169,701
Fees for Services Other$94,505$38,545-$133,050
All Other Expenses$50,333$72,297-$122,630
Payroll Taxes$81,037--$81,037
Other Employee Benefits$74,784--$74,784
Fees for Services Accounting-$71,625-$71,625
Other Expenses$60,929$29,059-$29,059
Fees for Services Legal-$20,130-$20,130
Insurance-$19,591-$19,591
Office Expenses-$13,289-$13,289
Depreciation Depletion$4,344--$4,344
Advertising-$3,302-$3,302
Travel-$2,658-$2,658
Total Functional Expenses$1,166,260$622,197$0$1,788,457

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,788,457
Total Expenses per Audited Statements$1,788,457
Total Expenses per Form 990$1,788,457
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$42,723-
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, Part VI, Section B, Line 11

The governing board will review the return prior to filing.

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

In connection with any actual or possible conflict of interest, an interested person must disclose the exsistence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the material facts, and after any discussion with the interested person, he/she shall leave the board of directors meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exsists.

Form 990, Part VI, Section B, Line 15

The process includes all of these elements: 1) review and approval by the board of directors, 2.) use of data as the comparable compensation,and 3.) contemporaneous documentation and recordkeeping.

Form 990, Part VI, Section C, Line 19

The required documents are available at the business address during normal business hours upon request.

Filing and Contact Details

Filer

EIN
27-3526719
Phone
3102166800

Signing Officer

Name
Janet Landon
Title
Executive Director
Phone
3102166800
Signed
2015-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Landon
Formed
2010
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
22
Volunteers
40

Preparer

Preparer
Matthew S Miller
Phone
9094664410
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The charter school has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740 that clarifies the accounting for uncertanity in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain and, accordingly, no accounting adjustment has been made to the financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTANITY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018070
IRS990ScheduleD/TotalExpensesPerForm990Amt01788457
IRS990ScheduleD/TotalRevenuePerForm990Amt02033043
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02033043
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01788457
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
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RECRUITMENT LEAFLETS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO FINANCIAL ASSITANCE AWARDED ORGANIZATION IS A CALIFORNIA PUBLIC CHARTER SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt042723
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt042723
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ANN WEXLER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt042723
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BOARD WILL REVIEW THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXSISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXSISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS INCLUDES ALL OF THESE ELEMENTS: 1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, 2.) USE OF DATA AS THE COMPARABLE COMPENSATION,AND 3.) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt0948130
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0948130
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02033038
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0622197
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01166260
IRS990/TotalFunctionalExpensesGrp/TotalAmt01788457
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0703544
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0703544
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0244586
IRS990/TotalOtherCompensationAmt09713
IRS990/TotalProgramServiceExpensesAmt01166260
IRS990/TotalReportableCompFromOrgAmt045000
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02033043
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0948130
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02658
IRS990/TravelGrp/TotalAmt02658
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0244586
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine108820 SEPULVEDA EASTWAY
IRS990/USAddress/City0LOS ANGELES
IRS990/USAddress/State0CA
IRS990/USAddress/ZIPCode090045
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.WESTCHESTERCHARTER.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JANET LANDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03102166800
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine10WESTCHESTER SECONDARY CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0273526719
ReturnHeader/Filer/PhoneNum03102166800
ReturnHeader/Filer/USAddress/AddressLine108820 SEPULVEDA EASTWAY
ReturnHeader/Filer/USAddress/City0LOS ANGELES
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode090045
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952648289
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10VAVRINEKTRINEDAY & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine108270 ASPEN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0RANCHO CUCAMONGA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode091730
ReturnHeader/PreparerPersonGrp/PhoneNum09094664410
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW S MILLER
ReturnHeader/ReturnTs02015-05-04T14:45:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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