Civic Intelligence

Value Schools Foundation

990 • Fiscal year 2016 • EIN 45-5233028

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

Organization ProfileWWW.VALUESCHOOLS.COM
950 W Washington BlvdLos Angeles, CA 90015

(213) 388-8695

Siviq Scores

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

Liabilities / Assets

88th percentile

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

11.57x

Higher debt load relative to revenue than 97% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

8th percentile

-37%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

48th percentile

$169,575

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

24th percentile

-3.2%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

2.7%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$17,058,051

Down $564,861 (-3.2%) from 2015

Net Assets

Down

$2,616,725

Down $475,283 (-15%) from 2015

Liabilities

Down

$14,441,326

Down $89,578 (-0.6%) from 2015

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin8th percentile

Revenue

Up

$1,247,996

Up $32,617 (+2.7%) from 2015

Expenses

Up

$1,714,164

Up $500,027 (+41%) from 2015

Net Income

Down

-$466,168

Down $467,410 (-37634%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$60M$40M$20M$0Assets 2014: $18,133,775Liabilities 2014: $15,052,960Net Assets 2014: $3,080,8152014Assets 2015: $17,622,912Liabilities 2015: $14,530,904Net Assets 2015: $3,092,0082015Assets 2016: $17,058,051Liabilities 2016: $14,441,326Net Assets 2016: $2,616,7252016Assets 2017: $25,777,604Liabilities 2017: $23,018,696Net Assets 2017: $2,758,9082017Assets 2018: $25,039,973Liabilities 2018: $22,362,917Net Assets 2018: $2,677,0562018Assets 2019: $25,241,389Liabilities 2019: $22,646,448Net Assets 2019: $2,594,9412019Assets 2020: $25,528,456Liabilities 2020: $22,755,416Net Assets 2020: $2,773,0402020Assets 2021: $36,190,570Liabilities 2021: $31,688,408Net Assets 2021: $4,502,1622021Assets 2022: $37,084,101Liabilities 2022: $32,636,948Net Assets 2022: $4,447,1532022Assets 2023: $55,686,775Liabilities 2023: $50,993,916Net Assets 2023: $4,692,8592023Assets 2024: $54,632,028Liabilities 2024: $50,378,377Net Assets 2024: $4,253,6512024

Highlighted filing

2016

Assets$17,058,051
Liabilities$14,441,326
Net Assets$2,616,725
Open 2016 Filing

Operations Trend

Revenue Growth49th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $4,056,667Expenses 2014: $1,015,672Net Income 2014: $3,040,9952014Revenue 2015: $1,215,379Expenses 2015: $1,214,137Net Income 2015: $1,2422015Revenue 2016: $1,247,996Expenses 2016: $1,714,164Net Income 2016: -$466,1682016Revenue 2017: $1,949,460Expenses 2017: $1,841,477Net Income 2017: $107,9832017Revenue 2018: $2,327,774Expenses 2018: $2,412,142Net Income 2018: -$84,3682018Revenue 2019: $2,808,066Expenses 2019: $2,890,181Net Income 2019: -$82,1152019Revenue 2020: $3,532,687Expenses 2020: $3,354,588Net Income 2020: $178,0992020Revenue 2021: $5,076,003Expenses 2021: $3,346,881Net Income 2021: $1,729,1222021Revenue 2022: $4,234,349Expenses 2022: $4,289,358Net Income 2022: -$55,0092022Revenue 2023: $4,676,645Expenses 2023: $4,430,939Net Income 2023: $245,7062023Revenue 2024: $4,009,314Expenses 2024: $4,448,522Net Income 2024: -$439,2082024

Highlighted filing

2016

Revenue$1,247,996
Expenses$1,714,164
Net Income-$466,168
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$1,247,996
Mission and Program Overview

Mission

Value schools foundation facilitates the development of charter schools, to lease, own, manage, maitain and operate an educational institution, to provide charter school facilities and operational and other support to charter schools, to assist philanthropists and foundations in accelerating the growth of high quality charter schools, and to provide and otherwise obtain or assist in obtaining charter school financing.

To support the development of charter schools through purchasing and owning school's facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,792,507$13,475,256▼ $317,251
Cash and Non-Interest-Bearing Accounts$2,668,239$2,411,911▼ $256,328
Prepaid Expenses and Deferred Charges$550,583$530,383▼ $20,200
Investments in Publicly Traded Securities$47,172$92,864▲ $45,692
Accounts Receivable$21$351▲ $330
Total Assets$17,622,912$17,058,051▼ $564,861
Other Assets Total$564,390$547,286▼ $17,104
Liabilities
Tax Exempt Bond Liabilities$12,870,000$12,755,000▼ $115,000
Deferred Revenue$988,615$988,615→ $0
Other Liabilities$672,289$666,802▼ $5,487
Accounts Payable and Accrued Expenses-$30,909-
Total Liabilities$14,530,904$14,441,326▼ $89,578
Net Assets / Fund Balance
Unrestricted Net Assets$3,051,908$2,596,625▼ $455,283
Temporarily Rstr Net Assets$40,100$20,100▼ $20,000
Total Net Assets Fund Balance$3,092,008$2,616,725▼ $475,283
Total Liabilities and Net Assets / Fund Balance$17,622,912$17,058,051▼ $564,861

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,962,580$791,926$8,754,506
Land$5,512,676-$5,512,676
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleOtherTotal
Rhonda HoffarthSecretary & Treasurer$119,082$119,082

Board Members and Trustees

NameTitle
Grant CambridgeChairman
Geraldine JacobyPresident/CEO
Bernadette GlennBoard Member
Dawn NakagawaBoard Member
James BrayBoard Member
Jody FoldesyBoard Member
Jose RamosBoard Member
Naya BloomBoard Member
Robert LovelaceBoard Member
Thomas LeveeBoard Member
Vincent GonzalesBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$275,709
Program Service Revenue
$967,648
Investment Income
$4,639
Other Revenue
$0
All Other Contributions
$275,709
Change in Net Assets
$-466,168

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$54,807Fair Market Value (FMV)
Total Noncash Contributions2$54,807-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,247,996
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-9,115
Total Revenue per Audited Statements
$1,238,881
Total Revenue per Form 990
$1,247,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,252,164
Grants and Similar Amounts Paid$462,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$866,388--$866,388
Grants to Domestic Orgs$462,000--$462,000
Depreciation Depletion$334,355--$334,355
Fees for Services Other-$22,500-$22,500
Other Expenses-$12,608-$12,608
Fees for Services Accounting-$10,500-$10,500
Fees for Services Legal-$4,447-$4,447
Office Expenses-$1,366-$1,366
Total Functional Expenses$1,662,743$51,421$0$1,714,164

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,714,164
Total Expenses per Audited Statements$1,714,164
Total Expenses per Form 990$1,714,164
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Value SchoolLos Angeles, CA501(c)(3)To Support Central City Value School (ccvs), Downtown Value School (dvs), Everest Value School (evs) and University Preparatory Value School (upvs).$462,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bond Interest Payable$433,465
Related Party Payable$233,337

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia School Finance Authority School Facility Revenue Bonds2013-08-08$12,870,000To acquire and construct the land and facilities for value school

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,870,000--$257,400

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The ceo reviews the form 990.”

Form 990, Part VI, Section B, Line 12

“The organization is in the process of implementing a conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The governing documents are made available to the public upon request. All board of directors' meeting agendas and minutes, along with financial statements and corporate documents are available on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Value Schools Foundation
EIN
45-5233028
Phone
2133888695
Address
950 W WASHINGTON BLVD, LOS ANGELES, CA 90015

Signing Officer

Name
Geraldine Jacoby
Title
President/CEO
Phone
2133888695
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geraldine Jacoby
Formed
2012
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Green Hasson & Janks Llp
Address
10990 WILSHIRE BLVD 16TH FLOOR, LOS ANGELES, CA 90024-3929
Preparer
Lauren a Haverlock
Phone
3108731600
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IRS990/MissionDesc0VALUE SCHOOLS FOUNDATION FACILITATES THE DEVELOPMENT OF CHARTER SCHOOLS; TO LEASE, OWN, MANAGE, MAINTAIN AND OPERATE AN EDUCATIONAL INSTITUTION; TO PROVIDE CHARTER SCHOOL FACILITIES AND OPERATIONAL AND OTHER SUPPORT TO CHARTER SCHOOLS; TO ASSIST PHILANTHROPISTS AND FOUNDATIONS IN ACCELERATING THE GROWTH OF HIGH QUALITY CHARTER SCHOOLS; AND TO PROVIDE AND OTHERWISE OBTAIN OR ASSIST IN OBTAINING CHARTER SCHOOL FINANCING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03092008
IRS990/NetAssetsOrFundBalancesEOYAmt02616725
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-9115
IRS990/NoncashContributionsAmt054807
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01366
IRS990/OfficeExpensesGrp/TotalAmt01366
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0564390
IRS990/OtherAssetsTotalGrp/EOYAmt0547286
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012608
IRS990/OtherExpensesGrp/TotalAmt012608
IRS990/OtherLiabilitiesGrp/BOYAmt0672289
IRS990/OtherLiabilitiesGrp/EOYAmt0666802
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0550583
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0530383
IRS990/PrincipalOfficerNm0GERALDINE JACOBY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0967648
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0967648
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0248319
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0775
IRS990/PYOtherExpensesAmt01213320
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0966285
IRS990/PYRevenuesLessExpensesAmt02059
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01213320
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01215379
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-466168
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0967648
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0275709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0248319
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03169255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03732752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04639
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0775
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0194
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05608
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02819694
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03537147
IRS990ScheduleA/SubstantialContributorsTotAmt0195605
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0275709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0248319
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03169255
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039469
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03732752
IRS990ScheduleA/TotalSupportAmt03738360
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt07962580
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0791926
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08754506
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01714164
IRS990ScheduleD/LandGrp/BookValueAmt05512676
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05512676
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-9115
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0433465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1233337
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0-9115
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01247996
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013475256
IRS990ScheduleD/TotalExpensesPerForm990Amt01714164
IRS990ScheduleD/TotalLiabilityAmt0666802
IRS990ScheduleD/TotalRevenuePerForm990Amt01247996
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01238881
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01714164
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0462000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT CENTRAL CITY VALUE SCHOOL (CCVS), DOWNTOWN VALUE SCHOOL (DVS), EVEREST VALUE SCHOOL (EVS) AND UNIVERSITY PREPARATORY VALUE SCHOOL (UPVS).
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VALUE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0954813155
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0680 WILSHIRE PLACE SUITE 315
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090005
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION GAVE FUNDS TO A CONTROLLED ORGANIZATION, VALUE SCHOOLS. MONITORING OCCURS THROUGH THIS RELATIONSHIP AS WELL AS THE FACT THAT THE ORGANIZATIONS HAVE COMMON BOARD MEMBERS AND OFFICERS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0147407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013983
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08185
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GERALDINE JACOBY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0169575
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0GERALDINE JACOBY, PRESIDENT, IS COMPENSATED BY THE RELATED ORGANIZATION, VALUE SCHOOLS. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGE INDEPENDENTLY, WITHOUT THE PARTICIPATION OF INTERESTED PERSONS. THE BOARD USES A COMPENSATION SURVEY AND OTHER FORM 990'S TO DETERMINE THE COMPENSATION FOR THE PRESIDENT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, COMPENSATION PROCEDURES
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-08-08
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0680280917
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum013059TAD1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt012870000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CALIFORNIA SCHOOL FINANCE AUTHORITY SCHOOL FACILITY REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO ACQUIRE AND CONSTRUCT THE LAND AND FACILITIES FOR VALUE SCHOOL
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,058,051
Liabilities
$14,441,326
Net assets
$2,616,725
Revenue
$1,247,996
Expenses
$1,714,164
Net income
-$466,168
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.6$50.4$4.25$4.01$4.45$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$51.0$4.69$4.68$4.43$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.1$32.6$4.45$4.23$4.29$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.2$31.7$4.50$5.08$3.35$1.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.5$22.8$2.77$3.53$3.35$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$22.6$2.59$2.81$2.89$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$22.4$2.68$2.33$2.41$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.8$23.0$2.76$1.95$1.84$0.11
2016Detailed filing. Detailed filing data is available for this year.$17.1$14.4$2.62$1.25$1.71$0.47
2015Detailed filing. Detailed filing data is available for this year.$17.6$14.5$3.09$1.22$1.21$0.00
2014Detailed filing. Detailed filing data is available for this year.$18.1$15.1$3.08$4.06$1.02$3.04