Civic Intelligence

High School Inc Academies Foundation

EIN 45-3003419 • 501(c)3 • Newport Beach, CA

Profile

To support business-supported school programs at valley high school and to carry on other charitable and educational activities associated with this goal.

PO Box 266Newport Beach, CA 92662

highschoolinc.info

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.16x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.17x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

82nd percentile

25%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

45%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,150,669

Up $228,961 (+25%) from 2023

Liabilities

Up

$179,394

Up $133,286 (+289%) from 2023

Net Assets

Up

$971,275

Up $95,675 (+11%) from 2023

Revenue

Up

$1,085,534

Up $339,212 (+45%) from 2023

Expenses

Up

$959,858

Up $200,289 (+26%) from 2023

Net Income

Up

$125,676

Up $138,923 (+1049%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2013: $34,037Liabilities 2013: $953Net Assets 2013: $33,0842013Assets 2014: $73,740Liabilities 2014: $1,519Net Assets 2014: $72,2212014Assets 2015: $59,274Liabilities 2015: $0Net Assets 2015: $59,2742015Assets 2016: $116,447Liabilities 2016: $1,405Net Assets 2016: $115,0422016Assets 2017: $262,414Liabilities 2017: $28,502Net Assets 2017: $233,9122017Assets 2018: $257,548Liabilities 2018: $8,269Net Assets 2018: $249,2792018Assets 2019: $205,126Liabilities 2019: $7,685Net Assets 2019: $197,4412019Assets 2020: $414,021Liabilities 2020: $22,752Net Assets 2020: $391,2692020Assets 2021: $555,412Liabilities 2021: $37,581Net Assets 2021: $517,8312021Assets 2022: $905,196Liabilities 2022: $16,349Net Assets 2022: $888,8472022Assets 2023: $921,708Liabilities 2023: $46,108Net Assets 2023: $875,6002023Assets 2024: $1,150,669Liabilities 2024: $179,394Net Assets 2024: $971,2752024

Highlighted filing

2024

Assets$1,150,669
Liabilities$179,394
Net Assets$971,275

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $148,538Expenses 2013: $131,993Net Income 2013: $16,5452013Revenue 2014: $211,399Expenses 2014: $172,262Net Income 2014: $39,1372014Revenue 2015: $153,188Expenses 2015: $166,137Net Income 2015: -$12,9492015Revenue 2016: $243,259Expenses 2016: $181,178Net Income 2016: $62,0812016Revenue 2017: $306,120Expenses 2017: $187,250Net Income 2017: $118,8702017Revenue 2018: $324,621Expenses 2018: $309,254Net Income 2018: $15,3672018Revenue 2019: $394,679Expenses 2019: $446,517Net Income 2019: -$51,8382019Revenue 2020: $627,299Expenses 2020: $433,471Net Income 2020: $193,8282020Revenue 2021: $562,929Expenses 2021: $436,367Net Income 2021: $126,5622021Revenue 2022: $887,691Expenses 2022: $521,223Net Income 2022: $366,4682022Revenue 2023: $746,322Expenses 2023: $759,569Net Income 2023: -$13,2472023Revenue 2024: $1,085,534Expenses 2024: $959,858Net Income 2024: $125,6762024

Highlighted filing

2024

Revenue$1,085,534
Expenses$959,858
Net Income$125,676

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$1,125,255
Mission and Program Overview

Mission

To support business-supported school programs at valley high school and to carry on other charitable and educational activities associated with this goal.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$871,249$1,109,601▲ $238,352
Accounts Receivable$2,500$25,000▲ $22,500
Pledges and Grants Receivable$45,000$12,077▼ $32,923
Prepaid Expenses and Deferred Charges$1,283$3,991▲ $2,708
Cash and Non-Interest-Bearing Accounts$1,676$0▼ $1,676
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$921,708$1,150,669▲ $228,961
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$38,290$171,245▲ $132,955
Other Liabilities$7,818$8,149▲ $331
Total Liabilities$46,108$179,394▲ $133,286
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$456,725$552,400▲ $95,675
Net Assets With Donor Restrictions$418,875$418,875→ $0
Total Net Assets Fund Balance$875,600$971,275▲ $95,675
Total Liabilities and Net Assets / Fund Balance$921,708$1,150,669▲ $228,961
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Felix LugoExecutive DirectorFT$123,361$123,361

Board Members and Trustees

NameTitle
Donnie CrevierChairman
Mark McloughlinPresident
Paula GarciaVice President
Brie Griset SmithDirector
Dave ElliotDirector
Ivy SteinDirector
Leila MozafarriDirector
Lori IrvingDirector
Marshall LinnDirector
Matt BaysDirector
Paul WalshDirector
Peter DorschDirector
Ramiro OchoaDirector
Richard E PorrasDirector
Rodolfo EstayDirector
Ronald BisslandDirector
Jack E OakesSecretary
Cory YoungbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,044,349
Program Service Revenue
$0
Investment Income
$41,185
Other Revenue
$0
All Other Contributions
$1,004,892
Change in Net Assets
$125,676
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$337,915
Salaries, Compensation, and Employee Benefits$337,441
Grants and Similar Amounts Paid$198,252
Total Fundraising Expense$87,245
Professional Fundraising Fees$86,250

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$176,908--$176,908
Grants to Domestic Orgs$150,027--$150,027
Current Officers, Directors, Trustees, and Key Employees$83,335$24,488-$107,823
Fees for Services Professional Fundraising--$86,250$86,250
All Other Expenses$60,013$8,509$995$69,517
Advertising-$57,166-$57,166
Grants to Domestic Individuals$48,225--$48,225
Fees for Services Other-$34,109-$34,109
Other Employee Benefits$26,922$2,663-$29,585
Payroll Taxes$21,044$2,081-$23,125
Fees for Services Accounting-$13,704-$13,704
Other Expenses$13,056--$13,056
Office Expenses-$11,749-$11,749
Conferences and Meetings-$5,578-$5,578
Insurance-$4,137-$4,137
Travel-$107-$107
Total Functional Expenses$708,322$164,291$87,245$959,858
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Santa Ana Unified School DistSanta Ana, CA-Facility Renovation$150,027
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$86,250
Fundraising Direct Expenses$39,721
Fundraising Gross Income$39,721

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Give Gratitude Campaign and Others$66,950$39,721$39,721$0
Future Is Working$12,228---
Total Events$79,178$39,721$39,721-
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$8,149
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Section B, Line 11B

Governing body reviews form 990 at a monthly board meeting before filing.

Form 990, Part VI, Section C, Line 19

Organization's governing documents, conflict of interest policy, and financial statements are available by contacting the organization directly.

Filing and Contact Details

Filer

Filer Name
High School Inc Academies Foundation
EIN
45-3003419
Phone
9492204667
Address
PO BOX 266, NEWPORT BEACH, CA 92662

Signing Officer

Name
Cory Youngberg
Title
Treasurer
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
6
Volunteers
25

Preparer

Firm
GuzmanGray
Address
3200 Bristol St Ste 640, Costa Mesa, CA 92626
Preparer
John C Dahlin
Phone
9493160600
Supplemental Narrative

Additional Explanations

Part XI, Line 8

To fairly present beginning net assets.

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