Civic Intelligence

Discovery Charter School

990 • Fiscal year 2014 • EIN 37-1509106

Jul 01, 2013 to Jun 30, 2014 • Filed on May 13, 2015

4021 Teale Avenue95117

(408) 243-9800

Siviq Scores

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

Liabilities / Assets

44th percentile

0.14x

Higher debt load relative to assets than 44% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

19th percentile

0.04x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

58th percentile

5.2%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

66th percentile

$157,653

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

85th percentile

22%

Faster asset growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$2,603,829

Up $471,912 (+22%) from 2013

Net Assets

Up

$2,251,764

Up $409,707 (+22%) from 2013

Liabilities

Up

$352,065

Up $62,205 (+21%) from 2013

Revenue

$7,832,495

No earlier filing loaded for comparison.

Expenses

Up

$7,422,788

Up $2,532,913 (+52%) from 2013

Net Income

$409,707

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $2,131,917Liabilities 2013: $289,860Net Assets 2013: $1,842,0572013Assets 2014: $2,603,829Liabilities 2014: $352,065Net Assets 2014: $2,251,7642014Assets 2015: $2,977,025Liabilities 2015: $563,282Net Assets 2015: $2,413,7432015Assets 2016: $3,264,299Liabilities 2016: $481,174Net Assets 2016: $2,783,1252016Assets 2017: $3,142,951Liabilities 2017: $571,841Net Assets 2017: $2,571,1102017Assets 2018: $3,001,233Liabilities 2018: $639,821Net Assets 2018: $2,361,4122018Assets 2019: $4,192,023Liabilities 2019: $506,262Net Assets 2019: $3,685,7612019Assets 2020: $5,453,812Liabilities 2020: $1,941,006Net Assets 2020: $3,512,8062020Assets 2021: $7,358,660Liabilities 2021: $1,336,328Net Assets 2021: $6,022,3322021Assets 2022: $7,759,615Liabilities 2022: $1,189,341Net Assets 2022: $6,570,2742022

Highlighted filing

2014

Assets$2,603,829
Liabilities$352,065
Net Assets$2,251,764

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $4,889,8752013Revenue 2014: $7,832,495Expenses 2014: $7,422,788Net Income 2014: $409,7072014Revenue 2015: $8,637,496Expenses 2015: $8,475,517Net Income 2015: $161,9792015Revenue 2016: $10,902,533Expenses 2016: $10,557,651Net Income 2016: $344,8822016Revenue 2017: $11,509,757Expenses 2017: $11,721,772Net Income 2017: -$212,0152017Revenue 2018: $11,143,971Expenses 2018: $11,259,893Net Income 2018: -$115,9222018Revenue 2019: $12,688,628Expenses 2019: $11,364,279Net Income 2019: $1,324,3492019Revenue 2020: $11,697,361Expenses 2020: $11,870,316Net Income 2020: -$172,9552020Revenue 2021: $13,602,457Expenses 2021: $11,092,931Net Income 2021: $2,509,5262021Revenue 2022: $13,035,753Expenses 2022: $12,405,063Net Income 2022: $630,6902022

Highlighted filing

2014

Revenue$7,832,495
Expenses$7,422,788
Net Income$409,707
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 13, 2015
Return Version
2013v4.0
Gross Receipts
$7,832,495
Mission and Program Overview

Mission

To support the whole child and develop lifelong learners prepared to meet the challenge of the future through strong family involvement, community learning, and developmentally based teaching.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$583,947$1,342,410▲ $758,463
Cash and Non-Interest-Bearing Accounts$1,413,661$1,108,076▼ $305,585
Land, Buildings, and Equipment, Net$69,407$100,971▲ $31,564
Prepaid Expenses and Deferred Charges$40,038$27,508▼ $12,530
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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$2,131,917$2,603,829▲ $471,912
Other Assets Total$24,864$24,864→ $0
Liabilities
Accounts Payable and Accrued Expenses$289,860$316,553▲ $26,693
Deferred Revenue-$35,512-
Total Liabilities$289,860$352,065▲ $62,205
Net Assets / Fund Balance
Unrestricted Net Assets$1,842,057$2,138,019▲ $295,962
Temporarily Rstr Net Assets-$113,745-
Total Net Assets Fund Balance$1,842,057$2,251,764▲ $409,707
Total Liabilities and Net Assets / Fund Balance$2,131,917$2,603,829▲ $471,912

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,506$554,623$579,129
Leasehold Improvements$39,697$8,101$47,798
Other Land Buildings$30,924-$30,924
Equipment$5,844$21,976$27,820
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dale JonesSup/exec DirectorFT$157,653$157,653
Debby PerryDirector Bus. ServicesFT$103,810$103,810

Board Members and Trustees

NameTitle
Barbara VellaPresident
Susan MichelsVice President
Kish DillMember
Salim KizaralyMember
Joan MccrearySecretary
Libby MorrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,831,599
Program Service Revenue
$0
Investment Income
$896
Other Revenue
$0
All Other Contributions
$1,101,241
Change in Net Assets
$409,707

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,832,495
Total Revenue per Audited Statements
$7,832,495
Total Revenue per Form 990
$7,832,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,511,572
Other Expenses$2,911,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,485,341$68,622-$3,553,963
Other Employee Benefits$786,986$12,970-$799,956
Current Officers, Directors, Trustees, and Key Employees$157,653--$157,653
Other Expenses$39,018$77,341-$116,359
All Other Expenses$28,856$60,943-$89,799
Depreciation Depletion-$54,172-$54,172
Travel$3,452--$3,452
Total Functional Expenses$5,920,159$1,502,629$0$7,422,788

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,422,788
Total Expenses per Audited Statements$7,422,788
Total Expenses per Form 990$7,422,788
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$29,476---
Event 2$26,340---
Total Events$55,816---
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
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is reviewed by the signing officer and by the accounting support contractors.

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

The organization monitors annual disclosure statements from organization personnel.

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

Compensation committee approves compensation after reviewing the compensation survey.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation committee approves compensation after reviewing the compensation survey.

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

The governing documents, conflict of interest policy, and financial statements are avilable upon request.

Filing and Contact Details

Filer

EIN
37-1509106
Phone
4082439800

Signing Officer

Name
Barbara Vella
Title
President
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Vella
Formed
2005
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
104
Volunteers
425

Preparer

Preparer
James a Rotherham CPA
Phone
6195439702
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040038
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027508
IRS990/PrincipalOfficerNm0BARBARA VELLA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04885743
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02110
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01692416
IRS990/PYRevenuesLessExpensesAmt0-2022
IRS990/PYSalariesCompEmpBnftPaidAmt03197459
IRS990/PYTotalExpensesAmt04889875
IRS990/PYTotalRevenueAmt04887853
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0409707
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/BuildingsGrp/BookValueAmt024506
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0554623
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0579129
IRS990ScheduleD/EquipmentGrp/BookValueAmt05844
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021976
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027820
IRS990ScheduleD/ExpensesSubtotalAmt07422788
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt039697
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08101
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt047798
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030924
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030924
IRS990ScheduleD/RevenueSubtotalAmt07832495
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0100971
IRS990ScheduleD/TotalExpensesPerForm990Amt07422788
IRS990ScheduleD/TotalRevenuePerForm990Amt07832495
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07832495
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07422788
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/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS AND ENROLLMENT MATERIALS.
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
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt055816
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt029476
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt026340
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt029476
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt026340
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt055816
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0WALK A THON
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0AUCTION
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0157653
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DALE JONES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SUP/EXEC DIR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0157653
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE SIGNING OFFICER AND BY THE ACCOUNTING SUPPORT CONTRACTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS ANNUAL DISCLOSURE STATEMENTS FROM ORGANIZATION PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION COMMITTEE APPROVES COMPENSATION AFTER REVIEWING THE COMPENSATION SURVEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION COMMITTEE APPROVES COMPENSATION AFTER REVIEWING THE COMPENSATION SURVEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0113745
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02131917
IRS990/TotalAssetsEOYAmt02603829
IRS990/TotalAssetsGrp/BOYAmt02131917
IRS990/TotalAssetsGrp/EOYAmt02603829
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt07831599
IRS990/TotalEmployeeCnt0104
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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