Civic Intelligence

Laurel Tree Charter School

990 • Fiscal year 2015 • EIN 45-2661454

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

4555 Valley West BlvdArcata, CA 95521

(707) 822-5626

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

30th percentile

-3.5%

Higher net margin than 30% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

42nd percentile

$42,500

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

5th percentile

-24%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

3.1%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Flat

$132,974

Flat from 2015

Net Assets

Flat

$128,501

Flat from 2015

Liabilities

Flat

$4,473

Flat from 2015

Revenue

Flat

$1,055,858

Flat from 2015

Expenses

Flat

$1,093,101

Flat from 2015

Net Income

Flat

-$37,243

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $150,088Liabilities 2012: $117,819Net Assets 2012: $32,2692012Assets 2013: $181,338Liabilities 2013: $55,470Net Assets 2013: $125,8682013Assets 2014: $175,131Liabilities 2014: $9,387Net Assets 2014: $165,7442014Assets 2015: $132,974Liabilities 2015: $4,473Net Assets 2015: $128,5012015Assets 2015: $132,974Liabilities 2015: $4,473Net Assets 2015: $128,5012015Assets 2016: $435,129Liabilities 2016: $126,657Net Assets 2016: $308,4722016Assets 2017: $688,411Liabilities 2017: $192,565Net Assets 2017: $495,8462017Assets 2018: $592,461Liabilities 2018: $220,780Net Assets 2018: $371,6812018Assets 2019: $535,537Liabilities 2019: $199,439Net Assets 2019: $336,0982019Assets 2020: $405,287Liabilities 2020: $283,124Net Assets 2020: $122,1632020Assets 2021: $1,401,096Liabilities 2021: $909,223Net Assets 2021: $491,8732021Assets 2022: $1,565,854Liabilities 2022: $731,777Net Assets 2022: $834,0772022Assets 2023: $1,664,733Liabilities 2023: $869,624Net Assets 2023: $795,1092023

Highlighted filing

2015

Assets$132,974
Liabilities$4,473
Net Assets$128,501

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $963,480Expenses 2012: $931,211Net Income 2012: $32,2692012Expenses 2013: $831,7412013Revenue 2014: $1,024,517Expenses 2014: $984,641Net Income 2014: $39,8762014Revenue 2015: $1,055,858Expenses 2015: $1,093,101Net Income 2015: -$37,2432015Revenue 2015: $1,055,858Expenses 2015: $1,093,101Net Income 2015: -$37,2432015Revenue 2016: $1,288,171Expenses 2016: $1,108,200Net Income 2016: $179,9712016Revenue 2017: $1,433,530Expenses 2017: $1,246,156Net Income 2017: $187,3742017Revenue 2018: $1,337,882Expenses 2018: $1,462,047Net Income 2018: -$124,1652018Revenue 2019: $1,683,590Expenses 2019: $1,719,173Net Income 2019: -$35,5832019Revenue 2020: $1,537,044Expenses 2020: $1,750,979Net Income 2020: -$213,9352020Revenue 2021: $2,157,110Expenses 2021: $1,787,400Net Income 2021: $369,7102021Revenue 2022: $2,602,929Expenses 2022: $2,260,725Net Income 2022: $342,2042022Revenue 2023: $2,844,532Expenses 2023: $2,780,263Net Income 2023: $64,2692023

Highlighted filing

2015

Revenue$1,055,858
Expenses$1,093,101
Net Income-$37,243
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$1,055,858
Mission and Program Overview

Mission

Laurel tree charter school's mission is to create a sustainable model of education which provides all students with accessible curriculum, based on college preparatory standards, while developing life and social skills in a mixed age setting.

The organization is organized exclusively for educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$91,314$85,499▼ $5,815
Accounts Receivable$83,817$36,186▼ $47,631
Total Assets$175,131$132,974▼ $42,157
Other Assets Total$0$11,289▲ $11,289
Liabilities
Accounts Payable and Accrued Expenses$9,387$4,473▼ $4,914
Total Liabilities$9,387$4,473▼ $4,914
Net Assets / Fund Balance
Unrestricted Net Assets$88,307$71,819▼ $16,488
Temporarily Rstr Net Assets$77,437$56,682▼ $20,755
Total Net Assets Fund Balance$165,744$128,501▼ $37,243
Total Liabilities and Net Assets / Fund Balance$175,131$132,974▼ $42,157

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$11,289--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Josh NikolausonPresidentFT$42,500$42,500
Rebecca SchulerSecretaryFT$41,000$41,000

Board Members and Trustees

NameTitle
Colette HawkinsMember
Jodi SmithMember
Lynn SzaboMember
Pamela PhilleyMember
Allan RengerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$957,210
Program Service Revenue
$0
Investment Income
$888
Other Revenue
$97,760
Change in Net Assets
$-37,243

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,055,858
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,055,858
Total Revenue per Form 990
$1,055,858
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$783,177
Other Expenses$309,924
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$450,563--$450,563
Other Employee Benefits$178,071--$178,071
Travel$87,661$1,294-$88,955
Current Officers, Directors, Trustees, and Key Employees$83,500--$83,500
Office Expenses$57,808--$57,808
Pension Plan Contributions$55,157--$55,157
Occupancy$48,000--$48,000
Payroll Taxes$15,886--$15,886
Insurance-$13,755-$13,755
Fees for Services Accounting-$8,900-$8,900
Other Expenses$2,070$1,860-$3,930
All Other Expenses$329$3,345-$3,674
Information Technology-$2,652-$2,652
Advertising$439--$439
Fees for Services Legal-$418-$418
Total Functional Expenses$1,030,729$62,372$0$1,093,101

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,093,101
Total Expenses per Audited Statements$1,093,101
Total Expenses per Form 990$1,093,101
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
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, Section B, Line 11

Form 990 is submitted to board of directors for review before filing.

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

Board of directors reviews all possible conflicts of interest.

Form 990, Part VI, Section B, Line 15

Director salary is reviewed and approved by the board of directors.

Form 990, Part VI, Section C, Line 18

Audited financial statements are available upon request.

Form 990, Part VI, Section C, Line 19

Audited financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Laurel Tree Charter School
EIN
45-2661454
Phone
7078225626
Address
4555 VALLEY WEST BLVD, ARCATA, CA 95521

Signing Officer

Name
Brenda Sutter
Title
Director
Phone
7078225626
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brenda Sutter
Formed
2011
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
34
Volunteers
0

Preparer

Firm
David L Moonie & Co Llp
Address
325 SECOND STREET SUITE 301, EUREKA, CA 95501
Preparer
Aaron S Weiss CPA
Phone
7074421737
Supplemental Narrative

Additional Explanations

FORM 990, PART IV, LINE 13:

Charter schools are considered public rather than private schools, and therefore, are not required to complete schedule e

Financial Statement Notes

PART X, LINE 2:

The charter school evaluates uncertain tax positions in accordance with asc 740-10-25-6, income taxes, whereby the effect of uncertainty would be recorded if the tax positions will more likely than not be sustained upon examination. As of june 30, 2015, the charter school had no uncertain tax positions requiring accrual or disclosure.

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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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IRS990ScheduleD/RevenueSubtotalAmt01055858
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 740-10-25-6, INCOME TAXES, WHEREBY THE EFFECT OF UNCERTAINTY WOULD BE RECORDED IF THE TAX POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2015, THE CHARTER SCHOOL HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL OR DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011289
IRS990ScheduleD/TotalExpensesPerForm990Amt01093101
IRS990ScheduleD/TotalRevenuePerForm990Amt01055858
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01055858
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01093101
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd00
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd00
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd00
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0CALIFORNIA CHARTER SCHOOLS ARE CONSIDERED PUBLIC RATHER THAN PRIVATE SCHOOLS AND ARE THEREFORE NOT SUBJECT TO THE REQUIREMENTS OF SCHEDULE E.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARTER SCHOOLS ARE CONSIDERED PUBLIC RATHER THAN PRIVATE SCHOOLS, AND THEREFORE, ARE NOT REQUIRED TO COMPLETE SCHEDULE E
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS SUBMITTED TO BOARD OF DIRECTORS FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWS ALL POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTOR SALARY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART IV, LINE 13:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt077437
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt056682
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0175131
IRS990/TotalAssetsEOYAmt0132974
IRS990/TotalAssetsGrp/BOYAmt0175131
IRS990/TotalAssetsGrp/EOYAmt0132974
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0957210
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062372
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01030729
IRS990/TotalFunctionalExpensesGrp/TotalAmt01093101
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09387
IRS990/TotalLiabilitiesEOYAmt04473
IRS990/TotalLiabilitiesGrp/BOYAmt09387
IRS990/TotalLiabilitiesGrp/EOYAmt04473
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0165744
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0128501
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01030729
IRS990/TotalReportableCompFromOrgAmt083500
IRS990/TotalRevenueGrp/ExclusionAmt0888
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt097760
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01055858
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0175131
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0132974
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01294
IRS990/TravelGrp/ProgramServicesAmt087661
IRS990/TravelGrp/TotalAmt088955
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt088307
IRS990/UnrestrictedNetAssetsGrp/EOYAmt071819
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04555 VALLEY WEST BLVD
IRS990/USAddress/CityNm0ARCATA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095521
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LAURELTREELC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA SUTTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07078225626
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUREL TREE CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0LAUR
ReturnHeader/Filer/EIN0452661454
ReturnHeader/Filer/PhoneNum07078225626
ReturnHeader/Filer/USAddress/AddressLine1Txt04555 VALLEY WEST BLVD
ReturnHeader/Filer/USAddress/CityNm0ARCATA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095521
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0941056328
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID L MOONIE & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0325 SECOND STREET SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EUREKA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095501
ReturnHeader/PreparerPersonGrp/PhoneNum07074421737
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON S WEISS CPA
ReturnHeader/ReturnTs02016-02-10T19:00:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.66$0.87$0.80$2.84$2.78$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.73$0.83$2.60$2.26$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.91$0.49$2.16$1.79$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.28$0.12$1.54$1.75$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.20$0.34$1.68$1.72$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.22$0.37$1.34$1.46$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.19$0.50$1.43$1.25$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.13$0.31$1.29$1.11$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$1.06$1.09$0.04
2015Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$1.06$1.09$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$1.02$0.98$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.06$0.13$0.83
2012Summary only. Only limited summary data is available for this year.$0.15$0.12$0.03$0.96$0.93$0.03