Civic Intelligence

Valor Christian Academy

990 • Fiscal year 2017 • EIN 45-4521666

Jul 01, 2016 to Jun 30, 2017 • Filed on Aug 28, 2017

Organization Profilewww.valorchristianacademy.org
525 Earle StRedondo Beach, CA 90278

(310) 798-5181

Siviq Scores

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

Liabilities / Assets

61st percentile

0.18x

Higher debt load relative to assets than 61% of similar nonprofits.

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

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

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

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

89th percentile

40%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$517,166

Up $146,758 (+40%) from 2016

Net Assets

Up

$422,901

Up $296,813 (+235%) from 2016

Liabilities

Down

$94,265

Down $150,055 (-61%) from 2016

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin68th percentile

Revenue

Up

$2,695,913

Up $646,400 (+32%) from 2016

Expenses

Up

$2,398,220

Up $453,721 (+23%) from 2016

Net Income

Up

$297,693

Up $192,679 (+183%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $213,890Liabilities 2013: $125,196Net Assets 2013: $88,6942013Assets 2014: $241,517Liabilities 2014: $79,464Net Assets 2014: $162,0532014Assets 2015: $161,041Liabilities 2015: $117,936Net Assets 2015: $43,1052015Assets 2016: $370,408Liabilities 2016: $244,320Net Assets 2016: $126,0882016Assets 2017: $517,166Liabilities 2017: $94,265Net Assets 2017: $422,9012017Assets 2018: $518,068Liabilities 2018: $220,070Net Assets 2018: $297,9982018Assets 2019: $535,205Liabilities 2019: $140,222Net Assets 2019: $394,9832019Assets 2020: $880,518Liabilities 2020: $483,936Net Assets 2020: $396,5822020Assets 2021: $532,401Liabilities 2021: $145,341Net Assets 2021: $387,0602021Assets 2022: $780,423Liabilities 2022: $149,424Net Assets 2022: $630,9992022Assets 2023: $1,389,423Liabilities 2023: $190,116Net Assets 2023: $1,199,3072023Assets 2024: $1,677,509Liabilities 2024: $194,507Net Assets 2024: $1,483,0022024Assets 2025: $1,711,189Liabilities 2025: $319,339Net Assets 2025: $1,391,8502025

Highlighted filing

2017

Assets$517,166
Liabilities$94,265
Net Assets$422,901
Open 2017 Filing

Operations Trend

Revenue Growth80th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $1,592,541Expenses 2013: $1,551,152Net Income 2013: $41,3892013Revenue 2014: $1,820,069Expenses 2014: $1,746,710Net Income 2014: $73,3592014Revenue 2015: $1,821,503Expenses 2015: $1,940,650Net Income 2015: -$119,1472015Revenue 2016: $2,049,513Expenses 2016: $1,944,499Net Income 2016: $105,0142016Revenue 2017: $2,695,913Expenses 2017: $2,398,220Net Income 2017: $297,6932017Revenue 2018: $2,549,823Expenses 2018: $2,576,336Net Income 2018: -$26,5132018Revenue 2019: $2,800,323Expenses 2019: $2,866,327Net Income 2019: -$66,0042019Revenue 2020: $2,797,142Expenses 2020: $2,795,543Net Income 2020: $1,5992020Revenue 2021: $2,410,149Expenses 2021: $2,766,772Net Income 2021: -$356,6232021Revenue 2022: $3,204,556Expenses 2022: $2,960,617Net Income 2022: $243,9392022Revenue 2023: $3,413,409Expenses 2023: $2,843,167Net Income 2023: $570,2422023Revenue 2024: $3,655,563Expenses 2024: $3,371,868Net Income 2024: $283,6952024Revenue 2025: $3,547,124Expenses 2025: $3,640,902Net Income 2025: -$93,7782025

Highlighted filing

2017

Revenue$2,695,913
Expenses$2,398,220
Net Income$297,693
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 28, 2017
Return Version
2016v3.0
Gross Receipts
$2,695,913
Mission and Program Overview

Mission

To provide each student with an uncompromising Christian education devoted to academic excellence in a family-friendly, safe, and nurturing environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$359,407$475,619▲ $116,212
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$370,408$517,166▲ $146,758
Other Assets Total$11,001$41,547▲ $30,546
Liabilities
Other Liabilities$244,320$94,265▼ $150,055
Total Liabilities$244,320$94,265▼ $150,055
Net Assets / Fund Balance
Unrestricted Net Assets$126,088$422,901▲ $296,813
Total Net Assets Fund Balance$126,088$422,901▲ $296,813
Total Liabilities and Net Assets / Fund Balance$370,408$517,166▲ $146,758

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$30,547--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Nikki JankowDirector
William CraigDirector
David OrthnerTrustee
Doug BorstelCEO
Jeff SilvaCFO
Jonathan FastSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,674,802
Program Service Revenue
$0
Investment Income
$672
Other Revenue
$20,439
All Other Contributions
$2,674,802
Change in Net Assets
$297,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,654,436
Other Expenses$743,784
Total Fundraising Expense$17,411
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,527,632--$1,527,632
Occupancy$233,358$26,518$5,304$265,180
Insurance$153,213$17,411$3,482$174,106
Payroll Taxes$111,500$12,670$2,534$126,704
All Other Expenses$28,926$3,288$656$32,870
Other Expenses$17,817$2,025$405$20,247
Advertising$5,821$662$132$6,615
Office Expenses$3,062$348$70$3,480
Fees for Services Legal$964$109$22$1,095
Pension Plan Contributions$88$10$2$100
Total Functional Expenses$2,293,749$87,060$17,411$2,398,220
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,439
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scrip$20,439$20,439-$20,439
Total Events$20,439$20,439-$20,439
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
Prepaid Fees$91,792
Salaries Payable$2,062
Direct Deposit$410
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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

“Board of directors reviews form 990 before approving it for filing”

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

“Board of trustees determines the head of school's salary. Head of school determines staff salaries.”

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

“Financial statements and governing documents are available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Valor Christian Academy
EIN
45-4521666
Phone
3107985181
Address
525 EARLE ST, REDONDO BEACH, CA 90278

Signing Officer

Name
Jonathan Fast
Title
Secretary
Signed
2017-08-28
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
62

Preparer

Firm
Lia N Lee CPA
Address
5818 OCEAN VIEW BLVD, LA CANADA, CA 91011
Preparer
Lia N Lee
Phone
8186364206
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“OTHER = -$880”

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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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IRS990/PYOtherExpensesAmt0603096
IRS990/PYRevenuesLessExpensesAmt0105014
IRS990/PYSalariesCompEmpBnftPaidAmt01341403
IRS990/PYTotalExpensesAmt01944499
IRS990/PYTotalRevenueAmt02049513
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0297693
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt130547
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SUSPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0410
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt191792
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DIRECT DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALARIES PAYABLE
IRS990ScheduleD/TotalBookValueOtherAssetsAmt041547
IRS990ScheduleD/TotalLiabilityAmt094265
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/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/Event1Nm0SCRIP
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020439
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020439
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020439
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020439
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020439
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS REVIEWS FORM 990 BEFORE APPROVING IT FOR FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF TRUSTEES DETERMINES THE HEAD OF SCHOOL'S SALARY. HEAD OF SCHOOL DETERMINES STAFF SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER = -$880
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
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IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt062
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt087060
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02293749
IRS990/TotalFunctionalExpensesGrp/TotalAmt02398220
IRS990/TotalGrossUBIAmt0672
IRS990/TotalLiabilitiesBOYAmt0244320
IRS990/TotalLiabilitiesEOYAmt094265
IRS990/TotalLiabilitiesGrp/BOYAmt0244320
IRS990/TotalLiabilitiesGrp/EOYAmt094265
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126088
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0422901
IRS990/TotalProgramServiceExpensesAmt02293749
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020439
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02695913
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0672
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0370408
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0517166
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0126088
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0422901
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.valorchristianacademy.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN FAST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-28

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$517,166
Liabilities
$94,265
Net assets
$422,901
Revenue
$2,695,913
Expenses
$2,398,220
Net income
$297,693
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.71$0.32$1.39$3.55$3.64$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.68$0.19$1.48$3.66$3.37$0.28
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.19$1.20$3.41$2.84$0.57
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.15$0.63$3.20$2.96$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.15$0.39$2.41$2.77$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.48$0.40$2.80$2.80$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.14$0.39$2.80$2.87$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.22$0.30$2.55$2.58$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.09$0.42$2.70$2.40$0.30
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.24$0.13$2.05$1.94$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.12$0.04$1.82$1.94$0.12
2014Summary only. Only limited summary data is available for this year.$0.24$0.08$0.16$1.82$1.75$0.07
2013Summary only. Only limited summary data is available for this year.$0.21$0.13$0.09$1.59$1.55$0.04