Civic Intelligence

Temecula Preparatory School

990 • Fiscal year 2022 • EIN 33-0921430

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 01, 2023

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

41st percentile

0.11x

Higher debt load relative to assets than 41% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

35th percentile

0.12x

Higher debt load relative to revenue than 35% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

28th percentile

-1.3%

Higher net margin than 28% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

63rd percentile

$219,413

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

62nd percentile

5.3%

Faster asset growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

51st percentile

4.5%

Faster revenue growth than 51% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$13,136,248

Up $663,577 (+5.3%) from 2021

Net Assets

Down

$11,687,569

Down $153,650 (-1.3%) from 2021

Liabilities

Up

$1,448,679

Up $817,227 (+129%) from 2021

Revenue

Up

$12,255,569

Up $526,377 (+4.5%) from 2021

Expenses

Up

$12,409,219

Up $2,378,020 (+24%) from 2021

Net Income

Down

-$153,650

Down $1,851,643 (-109%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$13,136,248
Liabilities$1,448,679
Net Assets$11,687,569

Operations Trend

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

2022

Revenue$12,255,569
Expenses$12,409,219
Net Income-$153,650
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 1, 2023
Return Version
2021v4.0
Gross Receipts
$12,255,569
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
Savings and Temporary Cash Investments$6,110,772$8,098,286▲ $1,987,514
Land, Buildings, and Equipment, Net$3,105,620$3,053,706▼ $51,914
Accounts Receivable$3,124,546$1,769,044▼ $1,355,502
Prepaid Expenses and Deferred Charges$131,733$215,212▲ $83,479
Total Assets$12,472,671$13,136,248▲ $663,577
Liabilities
Accounts Payable and Accrued Expenses$631,452$798,425▲ $166,973
Deferred Revenue-$650,254-
Total Liabilities$631,452$1,448,679▲ $817,227
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,841,219$11,687,569▼ $153,650
Total Net Assets Fund Balance$11,841,219$11,687,569▼ $153,650
Total Liabilities and Net Assets / Fund Balance$12,472,671$13,136,248▲ $663,577

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,053,706$1,567,452$4,621,158
Equipment-$199,924$199,924
Other Land Buildings-$63,032$63,032
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Michael Agostini EddHead of SchoFT$175,986$43,427$219,413
Dr Michael Agostini EddHead of School-$175,986$43,427$219,413

Board Members and Trustees

NameTitle
Sheina LawsPresident
John PirontiMember
Marcy TrutalliMember
Ed RepucciVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$12,210,136
Program Service Revenue
$0
Investment Income
$45,433
Other Revenue
$0
All Other Contributions
$189,955
Change in Net Assets
$-153,650

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,255,569
Total Revenue per Audited Statements
$12,255,569
Total Revenue per Form 990
$12,255,569
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,525,342
Other Expenses$2,883,877
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,327,330$985,198-$6,312,528
Other Employee Benefits$1,882,374$470,594-$2,352,968
Payroll Taxes$368,681$92,170-$460,851
Fees for Services Other$119,940$329,557-$449,497
Current Officers, Directors, Trustees, and Key Employees$41,888$357,107-$398,995
Occupancy$282,703--$282,703
Depreciation Depletion-$279,736-$279,736
All Other Expenses$95,098$88,787-$183,885
Other Expenses$32,580$130,318-$162,898
Fees for Services Accounting$19,760$79,040-$98,800
Travel$69,677$17,419-$87,096
Office Expenses$20,430$55,115-$75,545
Fees for Services Legal$4,762$19,048-$23,810
Information Technology$9,164$2,291-$11,455
Advertising-$799-$799
Insurance-$228-$228
Total Functional Expenses$9,396,683$3,012,536$0$12,409,219

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,409,219
Total Expenses per Audited Statements$12,409,219
Total Expenses per Form 990$12,409,219
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 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
Julie Fuller
Title
Head of School
Phone
9519266776
Signed
2023-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Fuller
Formed
2000
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
154

Preparer

Firm
Silva & Silva Cpas
Address
3040 SATURN ST SUITE 107, BREA, CA 92821
Preparer
Lisa Silva CPA
Phone
7145297707
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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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/BaseCompensationFilingOrgAmt0175986
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt043427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR MICHAEL AGOSTINI EDD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0HEAD OF SCHOOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0219413
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/TotalAssetsBOYAmt012472671
IRS990/TotalAssetsEOYAmt013136248
IRS990/TotalAssetsGrp/BOYAmt012472671
IRS990/TotalAssetsGrp/EOYAmt013136248
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt012210136
IRS990/TotalEmployeeCnt0154
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03012536
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09396683
IRS990/TotalFunctionalExpensesGrp/TotalAmt012409219
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0631452
IRS990/TotalLiabilitiesEOYAmt01448679
IRS990/TotalLiabilitiesGrp/BOYAmt0631452
IRS990/TotalLiabilitiesGrp/EOYAmt01448679
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011841219
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011687569
IRS990/TotalOtherCompensationAmt043427
IRS990/TotalProgramServiceExpensesAmt09396683
IRS990/TotalReportableCompFromOrgAmt0175986
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045433
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012255569
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012472671
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013136248
IRS990/TravelGrp/ManagementAndGeneralAmt017419
IRS990/TravelGrp/ProgramServicesAmt069677
IRS990/TravelGrp/TotalAmt087096
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TEMECULAPREP.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE FULLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum09519266776
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-01
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/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/PreparationDt02023-02-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA SILVA CPA
ReturnHeader/ReturnTs02023-02-03T16:37:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FULLER
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

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Filings

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