Civic Intelligence

Beaumont USD Public Facilities Corp

EIN 33-0429170 • 501(c)4 • Beaumont, CA

Profile

To assist the Beaumont Unified School District in the acquisition of educational facilities.

350 W Brookside AveBeaumont, CA 92223

beaumontusd.k12.ca.us

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.05x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)4 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

3.21x

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

501(c)4 • $25M-$50M nonprofits • Source year 2024

Net Margin

3rd percentile

-563%

Higher net margin than 3% of similar nonprofits.

501(c)4 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

32nd percentile

$25,932

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

501(c)4 • $25M-$50M nonprofits • Source year 2024

Asset Growth

12th percentile

-9.5%

Faster asset growth than 12% of similar nonprofits.

501(c)4 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-83%

Faster revenue growth than 4% of similar nonprofits.

501(c)4 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$31,986,859

Down $4,044,989 (-11%) from 2022

Liabilities

Down

$1,738,676

Down $494,802 (-22%) from 2022

Net Assets

Down

$30,248,183

Down $3,550,187 (-11%) from 2022

Revenue

Down

$540,865

Down $18,925,694 (-97%) from 2022

Expenses

Down

$3,586,407

Down $7,299,270 (-67%) from 2022

Net Income

Down

-$3,045,542

Down $11,626,424 (-135%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2014: $27,522,617Liabilities 2014: $5,206,067Net Assets 2014: $22,316,5502014Assets 2015: $27,178,818Liabilities 2015: $4,862,268Net Assets 2015: $22,316,5502015Assets 2016: $27,123,362Liabilities 2016: $4,806,812Net Assets 2016: $22,316,5502016Assets 2017: $27,066,289Liabilities 2017: $4,710,420Net Assets 2017: $22,355,8692017Assets 2018: $26,719,832Liabilities 2018: $4,362,389Net Assets 2018: $22,357,4432018Assets 2021: $28,814,324Liabilities 2021: $3,596,836Net Assets 2021: $25,217,4882021Assets 2022: $36,031,848Liabilities 2022: $2,233,478Net Assets 2022: $33,798,3702022Assets 2024: $31,986,859Liabilities 2024: $1,738,676Net Assets 2024: $30,248,1832024

Highlighted filing

2024

Assets$31,986,859
Liabilities$1,738,676
Net Assets$30,248,183

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MRevenue 2014: $580,311Expenses 2014: $580,311Net Income 2014: $02014Revenue 2015: $582,082Expenses 2015: $582,082Net Income 2015: $02015Revenue 2016: $544,337Expenses 2016: $544,337Net Income 2016: $02016Revenue 2017: $51,500Expenses 2017: $857,700Net Income 2017: -$806,2002017Revenue 2018: $568,687Expenses 2018: $567,113Net Income 2018: $1,5742018Revenue 2021: $4,022,626Expenses 2021: $1,653,633Net Income 2021: $2,368,9932021Revenue 2022: $19,466,559Expenses 2022: $10,885,677Net Income 2022: $8,580,8822022Revenue 2024: $540,865Expenses 2024: $3,586,407Net Income 2024: -$3,045,5422024

Highlighted filing

2024

Revenue$540,865
Expenses$3,586,407
Net Income-$3,045,542

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$540,865
Mission and Program Overview

Mission

To assist the beaumont unified school district in the acquisition of educational facilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,316,550$22,316,550→ $0
Savings and Temporary Cash Investments$10,997,407$8,017,385▼ $2,980,022
Accounts Receivable$146,353$94,364▼ $51,989
Total Assets$35,342,053$31,986,859▼ $3,355,194
Other Assets Total$1,881,743$1,558,560▼ $323,183
Liabilities
Tax Exempt Bond Liabilities$1,881,743$1,558,560▼ $323,183
Accounts Payable and Accrued Expenses$54,433$180,116▲ $125,683
Total Liabilities$1,936,176$1,738,676▼ $197,500
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,316,550$22,316,550→ $0
Net Assets Without Donor Restrictions$11,089,327$7,931,633▼ $3,157,694
Total Net Assets Fund Balance$33,405,877$30,248,183▼ $3,157,694
Total Liabilities and Net Assets / Fund Balance$35,342,053$31,986,859▼ $3,355,194

Asset Categories

AssetBook ValueDepreciationBasis
Land$22,316,550-$22,316,550
Other Assets Org$1,558,560--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
David SanchezMember$4,800$21,132$25,932
Shawn MitchellMember$4,800$17,976$22,776
Jeff BrownClerk$5,200-$5,200
Melissa WilliamsonVice President$5,200-$5,200
Susie LaraPresident$4,800-$4,800
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8
Investment Income
$540,857
Other Revenue
$0
Change in Net Assets
$-3,045,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,586,407
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$5,282--$5,282
Total Functional Expenses$3,586,407$0$0$3,586,407
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABeaumont Usd2016-04-26$4,962,254-
B----
C----
D----

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,041,049-$3,403,694$82,500
B----
C----
D----

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
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 8B

The organization does not have a committee with authority to act on its

Part VI Line 8B

BEHALF.

Part VI Line 11B

An independent cpa firm is engaged to prepare the form 990. A draft is sent

Part VI Line 11B

To management for review and approval, once the approved the cpa firm is

Part VI Line 19

Governing documents, policies and financial statements are available upon

Part VI Line 19

REQUEST.

Filing and Contact Details

Filer

Filer Name
Beaumont Usd Public Facilities Corp
EIN
33-0429170
In Care Of
% MELISSA S WILLIAMSON
Phone
9518451631
Address
350 W BROOKSIDE AVE, BEAUMONT, CA 92223

Signing Officer

Name
Melissa S Williamson
Title
Vice President
Phone
9518451631
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Sanchez
Formed
1990
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Preparer
Jamaal M Jackson CPA
Phone
5627607287
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd2false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd3false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt04962254
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0BEAUMONT USD
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd2false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd3false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd2false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselResearchInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselResearchInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselResearchInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselResearchInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd3false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/RemedialActionTakenInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/RemedialActionTakenInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/RemedialActionTakenInd2false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/RemedialActionTakenInd3false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd2false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd3false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondDefeasedAmt05052219
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd2false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd3false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt082500
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt02707551
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd2false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd3false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd1false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd2false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd3false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt03403694
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt05041049
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEHALF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN INDEPENDENT CPA FIRM IS ENGAGED TO PREPARE THE FORM 990. A DRAFT IS SENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO MANAGEMENT FOR REVIEW AND APPROVAL, ONCE THE APPROVED THE CPA FIRM IS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt01881743
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt01558560
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt035342053
IRS990/TotalAssetsEOYAmt031986859

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