Civic Intelligence

Value Schools Foundation

990 • Fiscal year 2022 • EIN 45-5233028

Jul 01, 2021 to Jun 30, 2022 • Filed on May 11, 2023

Organization ProfileWWW.VALUESCHOOLS.COM
680 Wilshire Place 308Los Angeles, CA 90005

(213) 388-8695

Siviq Scores

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

Liabilities / Assets

90th percentile

0.88x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

7.71x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

26th percentile

-1.3%

Higher net margin than 26% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

37th percentile

$206,889

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

56th percentile

2.5%

Faster asset growth than 56% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-17%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$37,084,101

Up $893,531 (+2.5%) from 2021

Net Assets

Down

$4,447,153

Down $55,009 (-1.2%) from 2021

Liabilities

Up

$32,636,948

Up $948,540 (+3.0%) from 2021

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin26th percentile

Revenue

Down

$4,234,349

Down $841,654 (-17%) from 2021

Expenses

Up

$4,289,358

Up $942,477 (+28%) from 2021

Net Income

Down

-$55,009

Down $1,784,131 (-103%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth56th 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

2022

Assets$37,084,101
Liabilities$32,636,948
Net Assets$4,447,153
Open 2022 Filing

Operations Trend

Revenue Growth19th 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

2022

Revenue$4,234,349
Expenses$4,289,358
Net Income-$55,009
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.2
Gross Receipts
$4,315,012
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$21,542,478$27,701,360▲ $6,158,882
Savings and Temporary Cash Investments$11,644,338$5,124,675▼ $6,519,663
Cash and Non-Interest-Bearing Accounts$701,333$1,210,356▲ $509,023
Accounts Receivable$40,444$77,367▲ $36,923
Prepaid Expenses and Deferred Charges$69,357$70,918▲ $1,561
Total Assets$36,190,570$37,084,101▲ $893,531
Other Assets Total$2,192,620$2,899,425▲ $706,805
Liabilities
Tax Exempt Bond Liabilities$28,699,510$28,465,278▼ $234,232
Other Liabilities$2,580,102$3,068,988▲ $488,886
Accounts Payable and Accrued Expenses$221,320$832,331▲ $611,011
Deferred Revenue$187,476$270,351▲ $82,875
Total Liabilities$31,688,408$32,636,948▲ $948,540
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,502,162$4,447,153▼ $55,009
Total Net Assets Fund Balance$4,502,162$4,447,153▼ $55,009
Total Liabilities and Net Assets / Fund Balance$36,190,570$37,084,101▲ $893,531

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$11,354,718$3,359,514$14,714,232
Other Land Buildings$10,233,655-$10,233,655
Land$5,512,676-$5,512,676
Buildings$600,311$268,560$868,871
Equipment$0$150,256$150,256
Other Assets Org$40,444--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Grant CambridgeBoard Chair
David DoylePresident
Amanda SweeneyMember
Annie WuMember
James BrayMember
Jody FoldesyMember
Juan BustamanteMember
MATT O'CONNORMember
Naya BloomMember
Peter HildebrandtMember
Tom LeveeMember
Vince GonzalesMember
Rhonda HoffarthSecretary & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Braver & Sauer InvestmentsFacility Lease750 NO BEVERLY GLEN, Los Angeles, CA 90077$389,393
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,654
Program Service Revenue
$3,229,682
Investment Income
$4,013
Other Revenue
$0
All Other Contributions
$997,597
Change in Net Assets
$-55,009

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,234,349
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,234,349
Total Revenue per Form 990
$4,234,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,604,811
Grants and Similar Amounts Paid$684,547
Total Fundraising Expense$77,258
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,738,453--$1,738,453
Occupancy$1,130,753--$1,130,753
Grants to Domestic Orgs$684,547--$684,547
Depreciation Depletion$553,359--$553,359
Other Expenses$104,988-$77,258$77,258
Total Functional Expenses$4,212,100$0$77,258$4,289,358

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,289,358
Total Expenses per Audited Statements$4,289,358
Total Expenses per Form 990$4,289,358
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Value SchoolsLos Angeles, CA501 (c) (3)Contribution to School$684,547
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
Grant Funds Reserve$988,540
Deferred Rent Liability$949,148
Bond Interest Payable$867,966
Related Party Payable$263,334

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 schools
CCalifornia School Finance Authority School Facility Revenue Bonds2020-10-29$9,145,000To renovate facilities for value schools
BCalifornia School Finance Authority School Facility Revenue Bonds2016-12-01$8,090,000To renovate facilities for value schools

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,870,000-$950,000$257,400
C$9,145,000--$553,047
B$8,090,000-$125,000$40,450

Bond Financing Compliance

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

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

Form 990, Part VI, Section B, Line 12

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Value Schools Foundation
EIN
45-5233028
Phone
2133888695
Address
680 WILSHIRE PLACE 308, LOS ANGELES, CA 90005

Signing Officer

Name
David Doyle
Title
President
Phone
2133888695
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Doyle
Formed
2012
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Derrick Debruyne CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990. PART XII, LINE 2C:

“No changes in selection or oversight process from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The foundation files an exempt organization return and applicable unrelated business income tax returns in the u.s. Federal jurisdiction and with the california franchise tax board.”

Raw XML AppendixShowing 400 of 686 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0221320
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0832331
IRS990/AccountsReceivableGrp/BOYAmt040444
IRS990/AccountsReceivableGrp/EOYAmt077367
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE DEVELOPMENT OF CHARTER SCHOOLS THROUGH PURCHASING AND OWNING SCHOOL'S FACILITIES.
IRS990/AllOtherContributionsAmt0997597
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RHONDA HOFFARTH
IRS990/BooksInCareOfDetail/PhoneNum02133888695
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0680 WILSHIRE PLACE STE 308
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090005
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0701333
IRS990/CashNonInterestBearingGrp/EOYAmt01210356
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0389393
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0750 NO BEVERLY GLEN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd090077
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BRAVER & SAUER INVESTMENTS
IRS990/ContractorCompensationGrp/ServicesDesc0FACILITY LEASE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01000654
IRS990/CYGrantsAndSimilarPaidAmt0684547
IRS990/CYInvestmentIncomeAmt04013
IRS990/CYOtherExpensesAmt03604811
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03229682
IRS990/CYRevenuesLessExpensesAmt0-55009
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04289358
IRS990/CYTotalFundraisingExpenseAmt077258
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04234349
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0187476
IRS990/DeferredRevenueGrp/EOYAmt0270351
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0553359
IRS990/DepreciationDepletionGrp/TotalAmt0553359
IRS990/Desc0THE FOUNDATION SUPPORTS CHARTER SCHOOLS UNDER VALUE SCHOOLS THROUGH THE PURCHASE AND OWNERSHIP OF SCHOOL FACILITIES, BUILDING RENOVATIONS, ETC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt04212100
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt046019
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt145931
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID DOYLE
IRS990/Form990PartVIISectionAGrp/PersonNm1RHONDA HOFFARTH
IRS990/Form990PartVIISectionAGrp/PersonNm2GRANT CAMBRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm3VINCE GONZALES
IRS990/Form990PartVIISectionAGrp/PersonNm4JUAN BUSTAMANTE
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM LEVEE
IRS990/Form990PartVIISectionAGrp/PersonNm6MATT O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm7JODY FOLDESY
IRS990/Form990PartVIISectionAGrp/PersonNm8NAYA BLOOM
IRS990/Form990PartVIISectionAGrp/PersonNm9ANNIE WU
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES BRAY
IRS990/Form990PartVIISectionAGrp/PersonNm11PETER HILDEBRANDT
IRS990/Form990PartVIISectionAGrp/PersonNm12AMANDA SWEENEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0160870
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1137813
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01746
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0684547
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0684547
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0684547
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt082409
IRS990/GrossReceiptsAmt04315012
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt01738453
IRS990/InterestGrp/TotalAmt01738453
IRS990/InvestmentIncomeGrp/ExclusionAmt02267
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02267
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03778330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021542478
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027701360
IRS990/LandBldgEquipCostOrOtherBssAmt031479690
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt080663
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
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/NetAssetsOrFundBalancesBOYAmt04502162
IRS990/NetAssetsOrFundBalancesEOYAmt04447153
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01746
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01746
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04502162
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04447153
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01130753
IRS990/OccupancyGrp/TotalAmt01130753
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02192620
IRS990/OtherAssetsTotalGrp/EOYAmt02899425
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt077258
IRS990/OtherExpensesGrp/ProgramServicesAmt0104988
IRS990/OtherExpensesGrp/TotalAmt0104988
IRS990/OtherExpensesGrp/TotalAmt177258
IRS990/OtherLiabilitiesGrp/BOYAmt02580102
IRS990/OtherLiabilitiesGrp/EOYAmt03068988
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069357
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070918
IRS990/PrincipalOfficerNm0DAVID DOYLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03229682
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03229682
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02422122
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0239461
IRS990/PYInvestmentIncomeAmt0-9411
IRS990/PYOtherExpensesAmt03107420
IRS990/PYOtherRevenueAmt08291
IRS990/PYProgramServiceRevenueAmt02655001
IRS990/PYRevenuesLessExpensesAmt01729122
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03346881
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05076003
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-55009
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt03057
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03229682
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011644338
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05124675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01000654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02422122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01396901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0705879
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0197950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05723506
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02267
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0387
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt067364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt039131
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0142333
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012112801
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08291
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08291
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55140
IRS990ScheduleA/PublicSupportPY170Pct00.55090
IRS990ScheduleA/PublicSupportTotal170Amt03238820
IRS990ScheduleA/SubstantialContributorsTotAmt02484686
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02422122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01396901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0705879
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0197950
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05723506
IRS990ScheduleA/TotalSupportAmt05874130
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/BookValueAmt0600311
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0268560
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0868871
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0150256
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0150256
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04289358
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05512676
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05512676
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011354718
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03359514
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014714232
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02858981
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt140444
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED RENT ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010233655
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010233655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0867966
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1263334
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2949148
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3988540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED RENT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3GRANT FUNDS RESERVE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04234349
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE FOUNDATION FILES AN EXEMPT ORGANIZATION RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027701360
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02899425
IRS990ScheduleD/TotalExpensesPerForm990Amt04289358
IRS990ScheduleD/TotalLiabilityAmt03068988
IRS990ScheduleD/TotalRevenuePerForm990Amt04234349
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04234349
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04289358
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0684547
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) (3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTRIBUTION TO SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VALUE SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0954813155
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0680 WILSHIRE PLACE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090005
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0160870
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1137813
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt036161

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,084,101
Liabilities
$32,636,948
Net assets
$4,447,153
Revenue
$4,234,349
Expenses
$4,289,358
Net income
-$55,009
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
2022Detailed filing. Detailed filing data is available for this year.$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