Civic Intelligence

Watts Learning Center Foundation Inc.

990 • Fiscal year 2023 • EIN 33-0768316

Jul 01, 2022 to Jun 30, 2023 • Filed on May 09, 2024

Organization ProfileWWW.WATTSLEARNINGCENTER.ORG
310 W 95th StreetLos Angeles, CA 90003

(323) 754-9900

Siviq Scores

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

Liabilities / Assets

65th percentile

0.34x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.51x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

60th percentile

8.3%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

53rd percentile

$187,934

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

87th percentile

37%

Faster asset growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

4.5%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$21,102,853

Up $5,753,957 (+37%) from 2022

Net Assets

Up

$13,972,506

Up $1,165,017 (+9.1%) from 2022

Liabilities

Up

$7,130,347

Up $4,588,940 (+181%) from 2022

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin60th percentile

Revenue

Up

$14,055,682

Up $600,984 (+4.5%) from 2022

Expenses

Up

$12,890,665

Up $891,160 (+7.4%) from 2022

Net Income

Down

$1,165,017

Down $290,176 (-20%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$30M$20M$10M$0Assets 2012: $2,013,274Liabilities 2012: $650,472Net Assets 2012: $1,362,8022012Assets 2013: $3,346,175Liabilities 2013: $578,793Net Assets 2013: $2,767,3822013Assets 2014: $4,374,518Liabilities 2014: $653,567Net Assets 2014: $3,720,9512014Assets 2015: $5,476,241Liabilities 2015: $782,425Net Assets 2015: $4,693,8162015Assets 2016: $7,008,881Liabilities 2016: $326,378Net Assets 2016: $6,682,5032016Assets 2017: $7,921,347Liabilities 2017: $187,620Net Assets 2017: $7,733,7272017Assets 2018: $9,247,679Liabilities 2018: $650,034Net Assets 2018: $8,597,6452018Assets 2019: $9,631,134Liabilities 2019: $262,071Net Assets 2019: $9,369,0632019Assets 2020: $11,225,256Liabilities 2020: $558,798Net Assets 2020: $10,666,4582020Assets 2021: $12,816,305Liabilities 2021: $1,464,009Net Assets 2021: $11,352,2962021Assets 2022: $15,348,896Liabilities 2022: $2,541,407Net Assets 2022: $12,807,4892022Assets 2023: $21,102,853Liabilities 2023: $7,130,347Net Assets 2023: $13,972,5062023Assets 2024: $21,813,716Liabilities 2024: $6,592,932Net Assets 2024: $15,220,7842024Assets 2025: $19,738,000Liabilities 2025: $4,446,082Net Assets 2025: $15,291,9182025

Highlighted filing

2023

Assets$21,102,853
Liabilities$7,130,347
Net Assets$13,972,506
Open 2023 Filing

Operations Trend

Revenue Growth48th percentile

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

$20M$15M$10M$5.0M$0Expenses 2012: $4,774,2462012Expenses 2013: $5,559,7832013Revenue 2014: $6,921,134Expenses 2014: $5,967,565Net Income 2014: $953,5692014Revenue 2015: $7,435,555Expenses 2015: $6,462,690Net Income 2015: $972,8652015Revenue 2016: $8,905,523Expenses 2016: $6,916,836Net Income 2016: $1,988,6872016Revenue 2017: $9,704,984Expenses 2017: $8,653,760Net Income 2017: $1,051,2242017Revenue 2018: $9,985,593Expenses 2018: $9,121,675Net Income 2018: $863,9182018Revenue 2019: $11,232,582Expenses 2019: $10,461,164Net Income 2019: $771,4182019Revenue 2020: $10,740,138Expenses 2020: $9,442,743Net Income 2020: $1,297,3952020Revenue 2021: $11,641,464Expenses 2021: $10,955,626Net Income 2021: $685,8382021Revenue 2022: $13,454,698Expenses 2022: $11,999,505Net Income 2022: $1,455,1932022Revenue 2023: $14,055,682Expenses 2023: $12,890,665Net Income 2023: $1,165,0172023Revenue 2024: $15,973,975Expenses 2024: $14,725,697Net Income 2024: $1,248,2782024Revenue 2025: $15,965,288Expenses 2025: $15,894,154Net Income 2025: $71,1342025

Highlighted filing

2023

Revenue$14,055,682
Expenses$12,890,665
Net Income$1,165,017
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 9, 2024
Return Version
2022v5.0
Gross Receipts
$14,055,682
Mission and Program Overview

Mission

The watts learning center will build on the success of head start and other pre-school programs by creating a culture of learning in which all stakeholders - students, parents or guardians, faculty and staff have clearly defined roles and expectations.

The watts learning center is an independent public charter elementary and middle school in the inner city of los angeles. Our goal is to provide a world-class education and to achieve optimum learning among our students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$9,196,836$15,049,752▲ $5,852,916
Accounts Receivable$3,123,706$3,014,225▼ $109,481
Land, Buildings, and Equipment, Net$449,002$527,367▲ $78,365
Prepaid Expenses and Deferred Charges$95,353$73,537▼ $21,816
Total Assets$15,348,896$21,102,853▲ $5,753,957
Other Assets Total$2,483,999$2,437,972▼ $46,027
Liabilities
Other Liabilities$1,671,630$5,292,709▲ $3,621,079
Accounts Payable and Accrued Expenses$869,777$1,837,638▲ $967,861
Total Liabilities$2,541,407$7,130,347▲ $4,588,940
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,807,489$13,972,506▲ $1,165,017
Total Net Assets Fund Balance$12,807,489$13,972,506▲ $1,165,017
Total Liabilities and Net Assets / Fund Balance$15,348,896$21,102,853▲ $5,753,957

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$527,367$697,962$1,225,329
Other Assets Org$1,235,420--
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angelique SimsDirector-middle SchoolFT$163,428$24,506$187,934
Oluwakemi MustaphaDirector-elementary SchoolFT$127,856$19,433$147,289
Carlos Dejuan RuffinDirector of OperationsFT$128,820$16,837$145,657
Lori GivensAssistant Director-middle SchoolFT$101,470$17,775$119,245

Board Members and Trustees

NameTitle
Eugene L FisherPresident
Dr Darell J SchregardusMember
Dr Nickey WoodsMember
John YeldingMember
Justin SandersMember
Rao YalamanchiliMember
Glen PolsonSecretary
David MoraTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
School Nutrition PlusNutrition Program6424 CLARA ST, Bell Gardens, CA 90201$532,112
Star INCAfterschool Provider10101 JEFFERSON, Culver City, CA 90232$253,221
Excellent Education Development INCBack-office Services1990 S BUNDY DR SUITE 340, Los Angeles, CA 90025$193,055
Cross Country EducationSpecial Education ServicesPO BOX 743425, Los Angeles, CA 90074$187,087
Revenue and Support

Revenue Composition

Contributions and Grants
$14,055,682
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$780,884
Change in Net Assets
$1,165,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,071,638
Other Expenses$4,819,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,291,134$1,035,351-$5,326,485
Payroll Taxes$1,370,273$325,341-$1,695,614
Fees for Services Other$1,172,924$387,415-$1,560,339
Occupancy$977,099$226,410-$1,203,509
Other Employee Benefits$699,909$161,696-$861,605
All Other Expenses$42,925$238,004-$280,929
Current Officers, Directors, Trustees, and Key Employees$187,934--$187,934
Other Expenses$146,734$53,208-$146,734
Depreciation Depletion$118,610--$118,610
Information Technology-$118,113-$118,113
Insurance-$57,580-$57,580
Office Expenses-$51,471-$51,471
Fees for Services Accounting-$38,000-$38,000
Fees for Services Legal-$31,888-$31,888
Travel$20,856--$20,856
Advertising-$15,932-$15,932
Total Functional Expenses$10,150,256$2,740,409$0$12,890,665
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

Other Reported Liabilities

LiabilityAmount
Refundable Advance$4,024,319
Operating Lease Liability$1,244,870
Intercompany Payable$23,520
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 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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have a committee with authority to act on its behalf.”

Form 990, Part VI, Section B, Line 11B

“The form 990 will be given to the board members for review and approval”

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

“All members must disclose annually any conflicts of interest, which are monitored by the executive director and the board. If a conflict arises the board member is asked to excuse himself or herself from all discussions and voting on the issue.the form 990 will be given to the board members for review and approval”

Form 990, Part VI, Section B, Line 15

“Board committee reviewed comparable non-profit education salaries before determining executive director and principal's salaries”

Form 990, Part VI, Section C, Line 18

“All tax returns are available upon request at the organization's location”

Form 990, Part VI, Section C, Line 19

“All governing documents, policies, and financial statements are available upon request at the organization's location during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Watts Learning Center Foundation Inc
EIN
33-0768316
Phone
3237549900
Address
310 W 95TH STREET, LOS ANGELES, CA 90003

Signing Officer

Name
Eugene L Fisher
Title
President
Phone
3237549900
Signed
2024-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eugene L Fisher
Formed
1997
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
114
Volunteers
8

Preparer

Firm
Eide Bailly Llp
Address
10681 FOOTHILL BLVD STE 300, RANCHO CUCAMONGA, CA 91730-3831
Preparer
Catherine L Gray CPA
Phone
9094664410
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consultants: program service expenses 1,172,924. Management and general expenses 387,415. Fundraising expenses 0. Total expenses 1,560,339.”

Financial Statement Notes

PART X, LINE 2:

“Management believes that the corporation has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The corporation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

Raw XML AppendixShowing 400 of 551 raw XML fields

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR-MIDDLE SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR-ELEMENTARY SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT DIRECTOR-MIDDLE SCHOOL
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IRS990/InsuranceGrp/TotalAmt057580
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd00
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IRS990/MissionDesc0THE WATTS LEARNING CENTER WILL BUILD ON THE SUCCESS OF HEAD START AND OTHER PRE-SCHOOL PROGRAMS BY CREATING A CULTURE OF LEARNING IN WHICH ALL STAKEHOLDERS - STUDENTS, PARENTS OR GUARDIANS, FACULTY AND STAFF - HAVE CLEARLY DEFINED ROLES AND EXPECTATIONS
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IRS990/OfficeExpensesGrp/TotalAmt051471
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0699909
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0861605
IRS990/OtherExpensesGrp/Desc0STUDENT NUTRITION
IRS990/OtherExpensesGrp/Desc1SPECIAL EDUCATION FEE
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS AND INSTRUCTI
IRS990/OtherExpensesGrp/Desc3EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt053208
IRS990/OtherExpensesGrp/ProgramServicesAmt0508616
IRS990/OtherExpensesGrp/ProgramServicesAmt1311644
IRS990/OtherExpensesGrp/ProgramServicesAmt2301598
IRS990/OtherExpensesGrp/ProgramServicesAmt3146734
IRS990/OtherExpensesGrp/TotalAmt0561824
IRS990/OtherExpensesGrp/TotalAmt1311644
IRS990/OtherExpensesGrp/TotalAmt2301598
IRS990/OtherExpensesGrp/TotalAmt3146734
IRS990/OtherLiabilitiesGrp/BOYAmt01671630
IRS990/OtherLiabilitiesGrp/EOYAmt05292709
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01035351
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IRS990/OtherSalariesAndWagesGrp/TotalAmt05326485
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0325341
IRS990/PayrollTaxesGrp/ProgramServicesAmt01370273
IRS990/PayrollTaxesGrp/TotalAmt01695614
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt095353
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt073537
IRS990/PrincipalOfficerNm0EUGENE L FISHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013454698
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01455193
IRS990/PYSalariesCompEmpBnftPaidAmt07971012
IRS990/PYTotalExpensesAmt011999505
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013454698
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01165017
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09196836
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015049752
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt014055682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt013454698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt011641464
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010740138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt011232582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt061124564
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012
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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010740138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt011232582
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt061124564
IRS990ScheduleA/TotalSupportAmt061124576
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0527367
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0697962
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01225329
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01157372
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt145180
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21235420
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LONG TERM RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTERCOMPANY RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OPERATING LEASE RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04024319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123520
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21244870
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTERCOMPANY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPERATING LEASE LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES THAT THE CORPORATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt02437972
IRS990ScheduleD/TotalLiabilityAmt05292709
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/ExplanationTxt0THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND THEREFORE IS NOT SUBJECT TO THE FORMAL COMPLIANCE WITH REVENUE PROCEDURE 75-50 AS LONG AS THE CHARTER AGREEMENT WITH THE STATE IS IN EFFECT. THE SCHOOL DOES INCLUDE INFORMATION REGARDING ITS NON-DISCRIMINATION PRACTICES IN ITS ENROLLMENT PACKAGES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC CHARTER SCHOOL, THE SCHOOL DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL AID.
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
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,102,853
Liabilities
$7,130,347
Net assets
$13,972,506
Revenue
$14,055,682
Expenses
$12,890,665
Net income
$1,165,017
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.7$4.45$15.3$16.0$15.9$0.07
2024Detailed filing. Detailed filing data is available for this year.$21.8$6.59$15.2$16.0$14.7$1.25
2023Detailed filing. Detailed filing data is available for this year.$21.1$7.13$14.0$14.1$12.9$1.17
2022Detailed filing. Detailed filing data is available for this year.$15.3$2.54$12.8$13.5$12.0$1.46
2021Detailed filing. Detailed filing data is available for this year.$12.8$1.46$11.4$11.6$11.0$0.69
2020Detailed filing. Detailed filing data is available for this year.$11.2$0.56$10.7$10.7$9.44$1.30
2019Detailed filing. Detailed filing data is available for this year.$9.63$0.26$9.37$11.2$10.5$0.77
2018Detailed filing. Detailed filing data is available for this year.$9.25$0.65$8.60$9.99$9.12$0.86
2017Detailed filing. Detailed filing data is available for this year.$7.92$0.19$7.73$9.70$8.65$1.05
2016Detailed filing. Detailed filing data is available for this year.$7.01$0.33$6.68$8.91$6.92$1.99
2015Detailed filing. Detailed filing data is available for this year.$5.48$0.78$4.69$7.44$6.46$0.97
2014Detailed filing. Detailed filing data is available for this year.$4.37$0.65$3.72$6.92$5.97$0.95
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.58$2.77$5.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.65$1.36$4.77