Civic Intelligence

Century Academy for Excellence

990 • Fiscal year 2017 • EIN 33-0746094

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 13, 2017

2400 West 85th StreetInglewood, CA 90305

(323) 752-8834

Siviq Scores

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

Liabilities / Assets

65th percentile

0.23x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

38th percentile

0.05x

Higher debt load relative to revenue than 38% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

29th percentile

-4.1%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$142,214

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

2.2%

Faster revenue growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$620,232

Down $117,510 (-16%) from 2016

Net Assets

Down

$479,228

Down $46,068 (-8.8%) from 2016

Liabilities

Down

$141,004

Down $71,442 (-34%) from 2016

Revenue

Up

$2,653,530

Up $56,826 (+2.2%) from 2016

Expenses

Down

$2,762,278

Down $38,556 (-1.4%) from 2016

Net Income

Up

-$108,748

Up $95,382 (+47%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $166,884Liabilities 2010: $1,133Net Assets 2010: $165,7512010Assets 2013: $1,131,439Liabilities 2013: $285,814Net Assets 2013: $845,6252013Assets 2014: $933,533Liabilities 2014: $130,435Net Assets 2014: $803,0982014Assets 2015: $828,442Liabilities 2015: $99,016Net Assets 2015: $729,4262015Assets 2016: $737,742Liabilities 2016: $212,446Net Assets 2016: $525,2962016Assets 2017: $620,232Liabilities 2017: $141,004Net Assets 2017: $479,2282017Assets 2018: $902,270Liabilities 2018: $227,618Net Assets 2018: $674,6522018Assets 2020: $420,665Liabilities 2020: $49,615Net Assets 2020: $371,0502020Assets 2021: $528,550Liabilities 2021: $0Net Assets 2021: $528,5502021

Highlighted filing

2017

Assets$620,232
Liabilities$141,004
Net Assets$479,228

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $267,155Expenses 2010: $270,899Net Income 2010: -$3,7442010Expenses 2013: $2,277,5552013Revenue 2014: $2,379,430Expenses 2014: $2,421,957Net Income 2014: -$42,5272014Revenue 2015: $2,618,060Expenses 2015: $2,691,732Net Income 2015: -$73,6722015Revenue 2016: $2,596,704Expenses 2016: $2,800,834Net Income 2016: -$204,1302016Revenue 2017: $2,653,530Expenses 2017: $2,762,278Net Income 2017: -$108,7482017Revenue 2018: $2,726,275Expenses 2018: $2,615,011Net Income 2018: $111,2642018Revenue 2020: $2,177,381Expenses 2020: $1,983,357Net Income 2020: $194,0242020Revenue 2021: $2,898,244Expenses 2021: $2,740,744Net Income 2021: $157,5002021

Highlighted filing

2017

Revenue$2,653,530
Expenses$2,762,278
Net Income-$108,748
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$2,653,530
Mission and Program Overview

Mission

To provide a small student-centered environment, where students actively engage in their own learning. Beyond achieving the basic skills, the organization hopes to inspire their students to become leaders who think critically in today's ever-changing world.

To provide a small student-centered environment, where students actively engage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$323,316$249,350▼ $73,966
Accounts Receivable$258,647$237,439▼ $21,208
Land, Buildings, and Equipment, Net$117,829$105,133▼ $12,696
Prepaid Expenses and Deferred Charges$37,950$28,310▼ $9,640
Total Assets$737,742$620,232▼ $117,510
Liabilities
Accounts Payable and Accrued Expenses$212,446$141,004▼ $71,442
Total Liabilities$212,446$141,004▼ $71,442
Net Assets / Fund Balance
Unrestricted Net Assets$525,296$479,228▼ $46,068
Total Net Assets Fund Balance$525,296$479,228▼ $46,068
Total Liabilities and Net Assets / Fund Balance$737,742$620,232▼ $117,510

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$105,133$304,391$409,524
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Giselle EdmanPresident/principalFT$127,590$14,624$142,214

Board Members and Trustees

NameTitle
Deanna Lee-riversBoard Chair
John VargasDirector of Operations
Julia GaytanSecretary
Karen MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,653,530
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$35,908
Change in Net Assets
$-108,748

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,653,530
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,653,530
Total Revenue per Form 990
$2,653,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,415,541
Other Expenses$1,346,737
Total Fundraising Expense$643
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$724,072$122,406-$846,478
Fees for Services Other$262,635$70,540-$333,175
Occupancy$233,202$58,300-$291,502
Other Employee Benefits$253,962$35,480-$289,442
Payroll Taxes$132,048$19,513-$151,561
Fees for Services Accounting$112,193$28,048-$140,241
Current Officers, Directors, Trustees, and Key Employees$128,060--$128,060
All Other Expenses$78,815$37,527-$116,342
Other Expenses$34,160$8,540-$42,700
Insurance$31,142$7,786-$38,928
Information Technology$16,084$18,114-$34,198
Fees for Services Legal$20,698$5,174-$25,872
Depreciation Depletion$10,157$2,539-$12,696
Conferences and Meetings$7,169$1,792-$8,961
Office Expenses-$5,477$643$6,120
Travel$1,028$257-$1,285
Total Functional Expenses$2,299,481$462,154$643$2,762,278

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,762,278
Total Expenses per Audited Statements$2,762,278
Total Expenses per Form 990$2,762,278
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
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 11B

The tax return is reviewed by the signing officer before filing.

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

Form 700 is completed annually

Form 990, Part VI, Section B, Line 15

The board of directors approves all salaries. Salaries of the authorizing district and la unified school district are compared

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Century Academy for Excellence
EIN
33-0746094
Phone
3237528834
Address
2400 WEST 85TH STREET, INGLEWOOD, CA 90305

Signing Officer

Name
Dr Giselle Edman
Title
President
Phone
3237528834
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Giselle Edman
Formed
1997
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
33
Volunteers
10

Preparer

Firm
Vavrinektrineday & Co Llp
Address
10681 FOOTHILL BLVD SUITE 300, RANCHO CUCAMONGA, CA 91730
Preparer
Matthew S Miller
Phone
9094664410
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants: program service expenses 248,623. Management and general expenses 67,037. Fundraising expenses 0. Total expenses 315,660. Payroll processing: program service expenses 14,012. Management and general expenses 3,503. Fundraising expenses 0. Total expenses 17,515.

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 uncertainty 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 financials statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Mangement believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements.

Raw XML Appendix390 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.

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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 UNCERTAINTY 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 FINANCIALS STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANGEMENT 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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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02653530
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02762278
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/ExplanationTxt0NON DISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS, ENROLLMENT MATERIALS, AND OUR CHARTER BYLAWS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CALIFORNIA PUBLIC CHARTER SCHOOL NO FINANCIAL ASSISTANCE AWARDED
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2CALIFORNIA STATE APPORTIONMENT INCOME 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
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS REVIEWED BY THE SIGNING OFFICER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 700 IS COMPLETED ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES ALL SALARIES. SALARIES OF THE AUTHORIZING DISTRICT AND LA UNIFIED SCHOOL DISTRICT ARE COMPARED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTANTS: PROGRAM SERVICE EXPENSES 248,623. MANAGEMENT AND GENERAL EXPENSES 67,037. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 315,660. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 14,012. MANAGEMENT AND GENERAL EXPENSES 3,503. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,515.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0737742
IRS990/TotalAssetsEOYAmt0620232
IRS990/TotalAssetsGrp/BOYAmt0737742
IRS990/TotalAssetsGrp/EOYAmt0620232
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02653530
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0643
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0462154
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02299481
IRS990/TotalFunctionalExpensesGrp/TotalAmt02762278
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0212446
IRS990/TotalLiabilitiesEOYAmt0141004
IRS990/TotalLiabilitiesGrp/BOYAmt0212446
IRS990/TotalLiabilitiesGrp/EOYAmt0141004
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0525296
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0479228
IRS990/TotalOtherCompensationAmt014624
IRS990/TotalProgramServiceExpensesAmt02299481
IRS990/TotalReportableCompFromOrgAmt0127590
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02653530
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0737742
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0620232
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0257
IRS990/TravelGrp/ProgramServicesAmt01028
IRS990/TravelGrp/TotalAmt01285
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0525296
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0479228
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02400 WEST 85TH STREET
IRS990/USAddress/CityNm0INGLEWOOD
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090305
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.CENTURYACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR GISELLE EDMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03237528834
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTURY ACADEMY FOR EXCELLENCE
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0330746094
ReturnHeader/Filer/PhoneNum03237528834
ReturnHeader/Filer/USAddress/AddressLine1Txt02400 WEST 85TH STREET
ReturnHeader/Filer/USAddress/CityNm0INGLEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090305
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId011DC6297F7A6BBE37955DC8ADC41BBDF85C770AA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId011DC6297F7A6BBE37955DC8ADC41BBDF85C770AA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.60.100.226
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:39:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952648289
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VAVRINEKTRINEDAY & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010681 FOOTHILL BLVD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RANCHO CUCAMONGA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091730
ReturnHeader/PreparerPersonGrp/PhoneNum09094664410
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW S MILLER
ReturnHeader/ReturnTs02017-11-15T09:21:10-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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