Civic Intelligence

Temecula Preparatory School

990 • Fiscal year 2020 • EIN 33-0921430

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 21, 2020

Organization ProfileWWW.TEMECULAPREP.COM
35777 Abelia StreetWinchester, CA 92596

(951) 926-6776

Siviq Scores

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

Liabilities / Assets

30th percentile

0.07x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

19th percentile

0.07x

Higher debt load relative to revenue than 19% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

55th percentile

6.0%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$206,490

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

47th percentile

5.9%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-1.3%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$10,891,432

Up $606,117 (+5.9%) from 2019

Net Assets

Up

$10,143,226

Up $647,394 (+6.8%) from 2019

Liabilities

Down

$748,206

Down $41,277 (-5.2%) from 2019

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin55th percentile

Revenue

Down

$10,876,545

Down $140,957 (-1.3%) from 2019

Expenses

Up

$10,229,151

Up $483,407 (+5.0%) from 2019

Net Income

Down

$647,394

Down $624,364 (-49%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $3,996,808Liabilities 2010: $1,058,379Net Assets 2010: $2,938,4292010Assets 2012: $5,122,985Liabilities 2012: $885,767Net Assets 2012: $4,237,2182012Assets 2013: $6,140,984Liabilities 2013: $846,423Net Assets 2013: $5,294,5612013Assets 2014: $6,478,714Liabilities 2014: $1,047,433Net Assets 2014: $5,431,2812014Assets 2015: $6,065,063Liabilities 2015: $629,634Net Assets 2015: $5,435,4292015Assets 2016: $7,031,258Liabilities 2016: $812,328Net Assets 2016: $6,218,9302016Assets 2017: $7,815,783Liabilities 2017: $845,242Net Assets 2017: $6,970,5412017Assets 2018: $8,858,194Liabilities 2018: $634,120Net Assets 2018: $8,224,0742018Assets 2019: $10,285,315Liabilities 2019: $789,483Net Assets 2019: $9,495,8322019Assets 2020: $10,891,432Liabilities 2020: $748,206Net Assets 2020: $10,143,2262020Assets 2021: $12,472,671Liabilities 2021: $631,452Net Assets 2021: $11,841,2192021Assets 2022: $13,136,248Liabilities 2022: $1,448,679Net Assets 2022: $11,687,5692022Assets 2023: $15,390,309Liabilities 2023: $762,430Net Assets 2023: $14,627,8792023Assets 2024: $17,586,977Liabilities 2024: $1,364,501Net Assets 2024: $16,222,4762024Assets 2025: $19,906,570Liabilities 2025: $1,829,512Net Assets 2025: $18,077,0582025

Highlighted filing

2020

Assets$10,891,432
Liabilities$748,206
Net Assets$10,143,226
Open 2020 Filing

Operations Trend

Revenue Growth41st percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,377,9522010Expenses 2012: $5,580,3422012Expenses 2013: $5,946,0132013Revenue 2014: $7,578,254Expenses 2014: $7,441,534Net Income 2014: $136,7202014Revenue 2015: $8,537,805Expenses 2015: $8,533,657Net Income 2015: $4,1482015Revenue 2016: $9,667,994Expenses 2016: $8,884,493Net Income 2016: $783,5012016Revenue 2017: $9,632,146Expenses 2017: $8,880,535Net Income 2017: $751,6112017Revenue 2018: $10,139,764Expenses 2018: $8,886,231Net Income 2018: $1,253,5332018Revenue 2019: $11,017,502Expenses 2019: $9,745,744Net Income 2019: $1,271,7582019Revenue 2020: $10,876,545Expenses 2020: $10,229,151Net Income 2020: $647,3942020Revenue 2021: $11,729,192Expenses 2021: $10,031,199Net Income 2021: $1,697,9932021Revenue 2022: $12,255,569Expenses 2022: $12,409,219Net Income 2022: -$153,6502022Revenue 2023: $15,483,359Expenses 2023: $12,543,049Net Income 2023: $2,940,3102023Revenue 2024: $14,913,607Expenses 2024: $13,319,010Net Income 2024: $1,594,5972024Revenue 2025: $15,990,834Expenses 2025: $14,136,252Net Income 2025: $1,854,5822025

Highlighted filing

2020

Revenue$10,876,545
Expenses$10,229,151
Net Income$647,394
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 21, 2020
Return Version
2019v5.0
Gross Receipts
$10,876,545
Mission and Program Overview

Mission

To manage, operate, guide, direct and promote temecula preparatory school.

To operate a public charter k-12 school

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,185,089$6,594,732▲ $409,643
Land, Buildings, and Equipment, Net$2,634,715$2,548,979▼ $85,736
Accounts Receivable$1,389,553$1,378,002▼ $11,551
Prepaid Expenses and Deferred Charges$75,958$369,719▲ $293,761
Total Assets$10,285,315$10,891,432▲ $606,117
Liabilities
Accounts Payable and Accrued Expenses$789,483$748,206▼ $41,277
Total Liabilities$789,483$748,206▼ $41,277
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,495,832$10,143,226▲ $647,394
Total Net Assets Fund Balance$9,495,832$10,143,226▲ $647,394
Total Liabilities and Net Assets / Fund Balance$10,285,315$10,891,432▲ $606,117

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,501,064$1,124,505$3,625,569
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Michael Agostini EddHead of SchoFT$155,000$51,490$206,490
Dr Michael Agostini EddHead of School-$155,000$51,490$206,490

Board Members and Trustees

NameTitle
Jennifer RussellPresident
Danielle CoatsMember
Paul McgrawMember
Todd MooreMember
Bryanna BrossmanSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
Formation TechnologyIt ConsultingPO BOX 890071, PO BOX 890071, Temecula, CA 92589$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$10,772,388
Program Service Revenue
$0
Investment Income
$104,157
Other Revenue
$0
All Other Contributions
$240,188
Change in Net Assets
$647,394

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,876,545
Total Revenue per Audited Statements
$10,876,545
Total Revenue per Form 990
$10,876,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,934,541
Other Expenses$2,294,610
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,835,676$493,713-$5,329,389
Payroll Taxes$1,392,954$245,815-$1,638,769
Other Employee Benefits$582,519$96,291-$678,810
Fees for Services Other$406,865$71,800-$478,665
Current Officers, Directors, Trustees, and Key Employees-$287,573-$287,573
Depreciation Depletion-$213,942-$213,942
Other Expenses$206,808$266,707-$206,808
All Other Expenses-$198,013-$198,013
Travel$85,486--$85,486
Information Technology$51,530$27,427-$78,957
Insurance-$61,685-$61,685
Fees for Services Legal-$29,252-$29,252
Fees for Services Accounting-$14,634-$14,634
Advertising-$1,355-$1,355
Total Functional Expenses$8,103,554$2,125,597$0$10,229,151

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,229,151
Total Expenses per Audited Statements$10,229,151
Total Expenses per Form 990$10,229,151
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
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
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, Page 6, Part VI, Line 11B

“The return will be provided to all board members before the filing of the return”

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

“The board completes form 700 which is monitored by the executive director, if a conflict arises the board member is asked to excuse himself or herself from all discussions and voting on the issues.”

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

“The board compared similiar non profit educational organizations before approving the salary”

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

“The board compared similiar non profit educational organizations before”

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
Temecula Preparatory School
EIN
33-0921430
Phone
9519266776
Address
35777 ABELIA STREET, WINCHESTER, CA 92596

Signing Officer

Name
Jennifer Russell
Title
President
Phone
9519266776
Signed
2020-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Michael Agostini Edd
Formed
2000
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
168
Volunteers
190

Preparer

Firm
Silva & Silva Cpas
Address
3040 SATURN ST SUITE 107, BREA, CA 92821
Preparer
Lisa Silva CPA
Phone
7145297707
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The charter school has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740 that clarifies the accounting for 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 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.”

Raw XML Appendix388 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0789483
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0748206
IRS990/AccountsReceivableGrp/BOYAmt01389553
IRS990/AccountsReceivableGrp/EOYAmt01378002
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE A PUBLIC CHARTER K-12 SCHOOL
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01355
IRS990/AdvertisingGrp/TotalAmt01355
IRS990/AllOtherContributionsAmt0240188
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0198013
IRS990/AllOtherExpensesGrp/TotalAmt0198013
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TPS
IRS990/BooksInCareOfDetail/PhoneNum09519266776
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt035777 ABELIA STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINCHESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092596
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt06185089
IRS990/CashNonInterestBearingGrp/EOYAmt06594732
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0287573
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0287573
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0120000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 890071
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0PO BOX 890071
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0TEMECULA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd092589
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FORMATION TECHNOLOGY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine2Txt0FORMATION TECHNOLOGY
IRS990/ContractorCompensationGrp/ServicesDesc0IT CONSULTING
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010772388
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0104157
IRS990/CYOtherExpensesAmt02294610
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0647394
IRS990/CYSalariesCompEmpBnftPaidAmt07934541
IRS990/CYTotalExpensesAmt010229151
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010876545
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0213942
IRS990/DepreciationDepletionGrp/TotalAmt0213942
IRS990/Desc0PUBLIC INDEPENDENT SCHOOL OPERATED UNDER THE CALIFORNIA CHARTER SCHOOL LAWS, PROVIDES TRADITIONAL EDUCATION TO THE STUDENTS OF THE COMMUNITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0168
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt08103554
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014634
IRS990/FeesForServicesAccountingGrp/TotalAmt014634
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt029252
IRS990/FeesForServicesLegalGrp/TotalAmt029252
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt071800
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0406865
IRS990/FeesForServicesOtherGrp/TotalAmt0478665
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt051490
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DR MICHAEL AGOSTINI EDD
IRS990/Form990PartVIISectionAGrp/PersonNm1BRYANNA BROSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIELLE COATS
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL MCGRAW
IRS990/Form990PartVIISectionAGrp/PersonNm4TODD MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNIFER RUSSELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0155000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt010532200
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010876545
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt027427
IRS990/InformationTechnologyGrp/ProgramServicesAmt051530
IRS990/InformationTechnologyGrp/TotalAmt078957
IRS990/InsuranceGrp/ManagementAndGeneralAmt061685
IRS990/InsuranceGrp/TotalAmt061685
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0104157
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0104157
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01322634
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02634715
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02548979
IRS990/LandBldgEquipCostOrOtherBssAmt03871613
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE A PUBLIC CHARTER K-12 SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt09495832
IRS990/NetAssetsOrFundBalancesEOYAmt010143226
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09495832
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010143226
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt096291
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0582519
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0678810
IRS990/OtherExpensesGrp/Desc0TEXTBOOKS AND INSTUCTION
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2OVERSITE
IRS990/OtherExpensesGrp/Desc3STUDENT ACTIVITY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0117390
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1266707
IRS990/OtherExpensesGrp/ProgramServicesAmt0389717
IRS990/OtherExpensesGrp/ProgramServicesAmt1151999
IRS990/OtherExpensesGrp/ProgramServicesAmt2206808
IRS990/OtherExpensesGrp/TotalAmt0389717
IRS990/OtherExpensesGrp/TotalAmt1269389
IRS990/OtherExpensesGrp/TotalAmt2266707
IRS990/OtherExpensesGrp/TotalAmt3206808
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0493713
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04835676
IRS990/OtherSalariesAndWagesGrp/TotalAmt05329389
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0245815
IRS990/PayrollTaxesGrp/ProgramServicesAmt01392954
IRS990/PayrollTaxesGrp/TotalAmt01638769
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt075958
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0369719
IRS990/PrincipalOfficerNm0DR MICHAEL AGOSTINI EDD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010989134
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt028368
IRS990/PYOtherExpensesAmt01970372
IRS990/PYRevenuesLessExpensesAmt01271758
IRS990/PYSalariesCompEmpBnftPaidAmt07775372
IRS990/PYTotalExpensesAmt09745744
IRS990/PYTotalRevenueAmt011017502
IRS990/ReconcilationRevenueExpnssAmt0647394
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02501064
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01124505
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03625569
IRS990ScheduleD/ExpensesSubtotalAmt010229151
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt010876545
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR 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 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/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02501064
IRS990ScheduleD/TotalExpensesPerForm990Amt010229151
IRS990ScheduleD/TotalRevenuePerForm990Amt010876545
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010876545
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010229151
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL PUBLICATIONS INDICATE THAT THIS IS A PUBLIC CHARTER SCHOOL
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO FINANCIAL AID AWARED, THIS IS A PUBLIC CHARTER SCHOOL, SUPPORTED BY ATTENDANCE APPORTIONMENT FROM THE STATE OF CALIFORNIA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0155000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt051490
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR MICHAEL AGOSTINI EDD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0206490
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN WILL BE PROVIDED TO ALL BOARD MEMBERS BEFORE THE FILING OF THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD COMPLETES FORM 700 WHICH IS MONITORED BY THE EXECUTIVE DIRECTOR, IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSIONS AND VOTING ON THE ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD COMPARED SIMILIAR NON PROFIT EDUCATIONAL ORGANIZATIONS BEFORE APPROVING THE SALARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD COMPARED SIMILIAR NON PROFIT EDUCATIONAL ORGANIZATIONS BEFORE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS.
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010285315
IRS990/TotalAssetsEOYAmt010891432
IRS990/TotalAssetsGrp/BOYAmt010285315
IRS990/TotalAssetsGrp/EOYAmt010891432
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt010772388
IRS990/TotalEmployeeCnt0168
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02125597
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08103554
IRS990/TotalFunctionalExpensesGrp/TotalAmt010229151
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0789483
IRS990/TotalLiabilitiesEOYAmt0748206
IRS990/TotalLiabilitiesGrp/BOYAmt0789483
IRS990/TotalLiabilitiesGrp/EOYAmt0748206
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09495832
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010143226
IRS990/TotalOtherCompensationAmt051490
IRS990/TotalProgramServiceExpensesAmt08103554
IRS990/TotalReportableCompFromOrgAmt0155000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0104157
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010876545
IRS990/TotalVolunteersCnt0190
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010285315
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010891432
IRS990/TravelGrp/ProgramServicesAmt085486
IRS990/TravelGrp/TotalAmt085486
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt035777 ABELIA ST
IRS990/USAddress/CityNm0WINCHESTER
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092596
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TEMECULAPREP.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER RUSSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09519266776
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEMECULA PREPARATORY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0TEME
ReturnHeader/Filer/EIN0330921430
ReturnHeader/Filer/PhoneNum09519266776
ReturnHeader/Filer/USAddress/AddressLine1Txt035777 ABELIA STREET
ReturnHeader/Filer/USAddress/CityNm0WINCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092596
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A2A69F53F57C139D20F7B5EE51ABE314911BB297
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A2A69F53F57C139D20F7B5EE51ABE314911BB297
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.81.187.82
ReturnHeader/FilingSecurityInformation/IPDt02020-11-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:01:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952803203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SILVA & SILVA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03040 SATURN ST SUITE 107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092821
ReturnHeader/PreparerPersonGrp/PhoneNum07145297707
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA SILVA CPA
ReturnHeader/ReturnTs02020-11-04T11:01:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,891,432
Liabilities
$748,206
Net assets
$10,143,226
Revenue
$10,876,545
Expenses
$10,229,151
Net income
$647,394
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$1.83$18.1$16.0$14.1$1.85
2024Detailed filing. Detailed filing data is available for this year.$17.6$1.36$16.2$14.9$13.3$1.59
2023Detailed filing. Detailed filing data is available for this year.$15.4$0.76$14.6$15.5$12.5$2.94
2022Detailed filing. Detailed filing data is available for this year.$13.1$1.45$11.7$12.3$12.4$0.15
2021Detailed filing. Detailed filing data is available for this year.$12.5$0.63$11.8$11.7$10.0$1.70
2020Detailed filing. Detailed filing data is available for this year.$10.9$0.75$10.1$10.9$10.2$0.65
2019Detailed filing. Detailed filing data is available for this year.$10.3$0.79$9.50$11.0$9.75$1.27
2018Detailed filing. Detailed filing data is available for this year.$8.86$0.63$8.22$10.1$8.89$1.25
2017Detailed filing. Detailed filing data is available for this year.$7.82$0.85$6.97$9.63$8.88$0.75
2016Detailed filing. Detailed filing data is available for this year.$7.03$0.81$6.22$9.67$8.88$0.78
2015Detailed filing. Detailed filing data is available for this year.$6.07$0.63$5.44$8.54$8.53$0.00
2014Detailed filing. Detailed filing data is available for this year.$6.48$1.05$5.43$7.58$7.44$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.14$0.85$5.29$5.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$0.89$4.24$5.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$1.06$2.94$4.38