Civic Intelligence

Sol Aureus College Preparatory

990 • Fiscal year 2017 • EIN 35-2191462

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

Organization Profilewww.sacprep.org
6620 Gloria DriveSacramento, CA 95831

(916) 421-0600

Siviq Scores

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

Liabilities / Assets

59th percentile

0.16x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

56th percentile

0.14x

Higher debt load relative to revenue than 56% of similar nonprofits.

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

Net Margin

71st percentile

14%

Higher net margin than 71% of similar nonprofits.

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

Top Officer Pay

71st percentile

$105,380

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

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

Asset Growth

81st percentile

21%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

53rd percentile

5.5%

Faster revenue growth than 53% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$2,301,860

Up $399,790 (+21%) from 2016

Net Assets

Up

$1,932,537

Up $372,725 (+24%) from 2016

Liabilities

Up

$369,323

Up $27,065 (+7.9%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin71st percentile

Revenue

Up

$2,712,577

Up $142,155 (+5.5%) from 2016

Expenses

Up

$2,339,852

Up $209,568 (+9.8%) from 2016

Net Income

Down

$372,725

Down $67,413 (-15%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$6.0M$4.0M$2.0M$0Assets 2013: $679,309Liabilities 2013: $316,521Net Assets 2013: $362,7882013Assets 2014: $890,246Liabilities 2014: $135,234Net Assets 2014: $755,0122014Assets 2015: $1,442,805Liabilities 2015: $323,131Net Assets 2015: $1,119,6742015Assets 2016: $1,902,070Liabilities 2016: $342,258Net Assets 2016: $1,559,8122016Assets 2017: $2,301,860Liabilities 2017: $369,323Net Assets 2017: $1,932,5372017Assets 2018: $2,747,836Liabilities 2018: $793,567Net Assets 2018: $1,954,2692018Assets 2019: $3,352,998Liabilities 2019: $708,744Net Assets 2019: $2,644,2542019Assets 2020: $4,034,356Liabilities 2020: $788,176Net Assets 2020: $3,246,1802020Assets 2021: $5,035,072Liabilities 2021: $1,410,848Net Assets 2021: $3,624,2242021Assets 2022: $4,248,061Liabilities 2022: $916,943Net Assets 2022: $3,331,1182022

Highlighted filing

2017

Assets$2,301,860
Liabilities$369,323
Net Assets$1,932,537
Open 2017 Filing

Operations Trend

Revenue Growth53rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $1,224,8562013Revenue 2014: $1,800,357Expenses 2014: $1,408,133Net Income 2014: $392,2242014Revenue 2015: $2,110,437Expenses 2015: $1,706,175Net Income 2015: $404,2622015Revenue 2016: $2,570,422Expenses 2016: $2,130,284Net Income 2016: $440,1382016Revenue 2017: $2,712,577Expenses 2017: $2,339,852Net Income 2017: $372,7252017Revenue 2018: $3,067,178Expenses 2018: $3,045,446Net Income 2018: $21,7322018Revenue 2019: $3,919,432Expenses 2019: $3,229,447Net Income 2019: $689,9852019Revenue 2020: $4,061,359Expenses 2020: $3,459,433Net Income 2020: $601,9262020Revenue 2021: $4,190,255Expenses 2021: $3,812,211Net Income 2021: $378,0442021Revenue 2022: $4,148,314Expenses 2022: $4,441,420Net Income 2022: -$293,1062022

Highlighted filing

2017

Revenue$2,712,577
Expenses$2,339,852
Net Income$372,725
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$2,712,577
Mission and Program Overview

Mission

A state public charter school whose purpose is to prepare its students with the knowledge, skills, and habits necessary to compete and be successful in college and in life.

A state public charter school who's purpose is to prepare its students with the knowledge, skills, and habits necessary to compete and be successful in college and in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,454,498$1,752,837▲ $298,339
Pledges and Grants Receivable$426,371$415,992▼ $10,379
Land, Buildings, and Equipment, Net$14,823$122,517▲ $107,694
Prepaid Expenses and Deferred Charges$6,378$9,014▲ $2,636
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,902,070$2,301,860▲ $399,790
Other Assets Total-$1,500-
Liabilities
Accounts Payable and Accrued Expenses$342,258$369,323▲ $27,065
Total Liabilities$342,258$369,323▲ $27,065
Net Assets / Fund Balance
Unrestricted Net Assets$1,427,970$1,876,951▲ $448,981
Temporarily Rstr Net Assets$131,842$55,586▼ $76,256
Total Net Assets Fund Balance$1,559,812$1,932,537▲ $372,725
Total Liabilities and Net Assets / Fund Balance$1,902,070$2,301,860▲ $399,790

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$122,517$13,202-
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Norman HernandezDirector OperationsFT$105,380$105,380
Judy YangDirector CurriculumFT$102,074$102,074

Board Members and Trustees

NameTitle
Pam SaltenbergerPresident
Jeffery Javinar JDVice President
David MackDirector
Deborah LottDirector
Deepak AswaniDirector
Justin DelacruzDirector
Lisa LimcacoDirector
Robert J FerrimanDirector
Virginia HargraveDirector
Nancy LawrenceSecretary
Sarah EllisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
bobo constructionContractor9722 Kent Street, Elk Grove, CA 95624$685,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,707,154
Program Service Revenue
$5,423
Investment Income
$0
Other Revenue
$0
All Other Contributions
$28,333
Change in Net Assets
$372,725

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,712,577
Total Revenue per Audited Statements
$2,712,577
Total Revenue per Form 990
$2,712,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,571,968
Other Expenses$767,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$940,218$136,144-$1,076,362
Other Employee Benefits$233,331$55,608-$288,939
Current Officers, Directors, Trustees, and Key Employees$103,333$103,334-$206,667
Occupancy$143,123$35,779-$178,902
All Other Expenses$61,736$26,046-$87,782
Insurance$24,672$6,168-$30,840
Other Expenses$22,324$5,581-$27,905
Information Technology$15,189$1,396-$16,585
Fees for Services Accounting-$15,300-$15,300
Fees for Services Other$2,040$3,060-$5,100
Depreciation Depletion$3,291$823-$4,114
Fees for Services Legal-$3,486-$3,486
Conferences and Meetings$2,089$522-$2,611
Total Functional Expenses$1,938,055$401,797$0$2,339,852

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,339,852
Total Expenses per Audited Statements$2,339,852
Total Expenses per Form 990$2,339,852
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
No
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, Line 11B: Form 990 Review Process

“The 990 is reviewed by the Finance Committee and the full board annually; Typically in the spring as it coincides with the tax filing and the board's annual retreat. A member of the finance committee is responsible for facilitating the completion of the 990 review, reviewing elements of the 990, and highlighting any changes since the last filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Around the time of the board retreat, the Conflict of Interest is reviewed by the full board. Members are asked to read and sign the agreement signifying that they have received, read, and reviewed the policy. Any contract or agreement is reviewed by the board before the director is allowed to execute an agreement. During the review process by the board, all members of the board, particularly the board chair and finance committee, are empowered to and regularly ask questions regarding potential conflict of interest. Most school business rarely, if ever, involve any overlapping relationships that would fall under the conflict of interest policy.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Principals' compensation is compared to other persons in the same line of work. This process is done and reviewed by the independent board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Organization makes it governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Sol Aureus College Preparatory
EIN
35-2191462
Phone
9164210600
Address
6620 Gloria Drive, Sacramento, CA 95831

Signing Officer

Name
Norman Hernandez
Title
Director Operations
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
39
Volunteers
59

Preparer

Firm
MANN URRUTIA NELSON CPAs & ASSOC LLP
Address
2901 Douglas Blvd Suite 290, Roseville, CA 95661-3824
Preparer
Michelle O Nelson CPA
Phone
9167744208
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization, pursuant to a determination letter from the Internal Revenue Service, is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue code and Section 23701(d) of the California Revenue and Taxation Code.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities at June 30, 2017. The Academy's Federal and State Exempt Organization Business Income Tax Returns are subject to examination by the IRS and California Franchise Tax Board for 3 years and 4 years, respectively after the due date of filing.”

Raw XML AppendixShowing 400 of 483 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/BOYAmt0342258
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0369323
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0A state public charter school who's purpose is to prepare its students with the knowledge, skills, and habits necessary to compete and be successful in college and in life.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt028333
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt026046
IRS990/AllOtherExpensesGrp/ProgramServicesAmt061736
IRS990/AllOtherExpensesGrp/TotalAmt087782
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Norman Hernandez
IRS990/BooksInCareOfDetail/PhoneNum09164210600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06620 Gloria Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Sacramento
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095831
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01454498
IRS990/CashNonInterestBearingGrp/EOYAmt01752837
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0103334
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0103333
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0206667
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0522
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02089
IRS990/ConferencesMeetingsGrp/TotalAmt02611
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0685000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt09722 Kent Street
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Elk Grove
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd095624
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0bobo construction
IRS990/ContractorCompensationGrp/ServicesDesc0Contractor
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02707154
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0767884
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05423
IRS990/CYRevenuesLessExpensesAmt0372725
IRS990/CYSalariesCompEmpBnftPaidAmt01571968
IRS990/CYTotalExpensesAmt02339852
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02712577
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0823
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03291
IRS990/DepreciationDepletionGrp/TotalAmt04114
IRS990/Desc0Educational Programs - Prepare students with the knowledge, skills, and habits necessary to compete and be successful in college and in life.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt039
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01938055
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015300
IRS990/FeesForServicesAccountingGrp/TotalAmt015300
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03486
IRS990/FeesForServicesLegalGrp/TotalAmt03486
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03060
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02040
IRS990/FeesForServicesOtherGrp/TotalAmt05100
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0Pam Saltenberger
IRS990/Form990PartVIISectionAGrp/PersonNm1Justin Delacruz
IRS990/Form990PartVIISectionAGrp/PersonNm2Deepak Aswani
IRS990/Form990PartVIISectionAGrp/PersonNm3Virginia Hargrave
IRS990/Form990PartVIISectionAGrp/PersonNm4Jeffery Javinar JD
IRS990/Form990PartVIISectionAGrp/PersonNm5Nancy Lawrence
IRS990/Form990PartVIISectionAGrp/PersonNm6Lisa Limcaco
IRS990/Form990PartVIISectionAGrp/PersonNm7Sarah Ellis
IRS990/Form990PartVIISectionAGrp/PersonNm8Robert J Ferriman
IRS990/Form990PartVIISectionAGrp/PersonNm9Deborah Lott
IRS990/Form990PartVIISectionAGrp/PersonNm10David Mack
IRS990/Form990PartVIISectionAGrp/PersonNm11Norman Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm12Judy Yang
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11105380
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12102074
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Dir. Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt12Dir. Curriculum
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt02678821
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02712577
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01396
IRS990/InformationTechnologyGrp/ProgramServicesAmt015189
IRS990/InformationTechnologyGrp/TotalAmt016585
IRS990/InsuranceGrp/ManagementAndGeneralAmt06168
IRS990/InsuranceGrp/ProgramServicesAmt024672
IRS990/InsuranceGrp/TotalAmt030840
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013202
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014823
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0122517
IRS990/LandBldgEquipCostOrOtherBssAmt0135719
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A state public charter school who's purpose is to prepare its students with the knowledge, skills, and habits necessary to compete and be successful in college and in life.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01559812
IRS990/NetAssetsOrFundBalancesEOYAmt01932537
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt035779
IRS990/OccupancyGrp/ProgramServicesAmt0143123
IRS990/OccupancyGrp/TotalAmt0178902
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt01500
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt055608
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0233331
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0288939
IRS990/OtherExpensesGrp/Desc0Special Ed Enroachment
IRS990/OtherExpensesGrp/Desc1Supplies and Materials
IRS990/OtherExpensesGrp/Desc2Field Trips
IRS990/OtherExpensesGrp/Desc3Equipment Lease
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15581
IRS990/OtherExpensesGrp/ProgramServicesAmt0250606
IRS990/OtherExpensesGrp/ProgramServicesAmt189513
IRS990/OtherExpensesGrp/ProgramServicesAmt246590
IRS990/OtherExpensesGrp/ProgramServicesAmt322324
IRS990/OtherExpensesGrp/TotalAmt0250606
IRS990/OtherExpensesGrp/TotalAmt198063
IRS990/OtherExpensesGrp/TotalAmt246590
IRS990/OtherExpensesGrp/TotalAmt327905
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0136144
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0940218
IRS990/OtherSalariesAndWagesGrp/TotalAmt01076362
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0426371
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0415992
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06378
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09014
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Food Sales/Uniform Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05423
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05423
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02567094
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0698839
IRS990/PYProgramServiceRevenueAmt03328
IRS990/PYRevenuesLessExpensesAmt0440138
IRS990/PYSalariesCompEmpBnftPaidAmt01431445
IRS990/PYTotalExpensesAmt02130284
IRS990/PYTotalRevenueAmt02570422
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0372725
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/EquipmentGrp/BookValueAmt0122517
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013202
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0135719
IRS990ScheduleD/ExpensesSubtotalAmt02339852
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt02712577
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization, pursuant to a determination letter from the Internal Revenue Service, is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue code and Section 23701(d) of the California Revenue and Taxation Code.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities at June 30, 2017. The Academy's Federal and State Exempt Organization Business Income Tax Returns are subject to examination by the IRS and California Franchise Tax Board for 3 years and 4 years, respectively after the due date of filing.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0122517
IRS990ScheduleD/TotalExpensesPerForm990Amt02339852
IRS990ScheduleD/TotalRevenuePerForm990Amt02712577
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02712577
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02339852
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0During the Enrollment Process, Sol Aureus College Preparatory notifies all potential candidates and their parents in the "Admission Requirements Document" the following:Sol Aureus is a free public school that is open to all residents of the State of California. Sol Aureus does not discriminate on the basis of race, religion, gender, sexual orientation, national origin, disbility or any of the characteristics listed in Section 220 of the Education Code of the students and parents or guardians.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,301,860
Liabilities
$369,323
Net assets
$1,932,537
Revenue
$2,712,577
Expenses
$2,339,852
Net income
$372,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$0.92$3.33$4.15$4.44$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$1.41$3.62$4.19$3.81$0.38
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.79$3.25$4.06$3.46$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.71$2.64$3.92$3.23$0.69
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.75$0.79$1.95$3.07$3.05$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.30$0.37$1.93$2.71$2.34$0.37
2016Detailed filing. Detailed filing data is available for this year.$1.90$0.34$1.56$2.57$2.13$0.44
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.32$1.12$2.11$1.71$0.40
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.14$0.76$1.80$1.41$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.32$0.36$1.22
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits