Civic Intelligence

Highland Academy Charter School

990 • Fiscal year 2017 • EIN 46-1008232

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 30, 2018

715 Wellwood AveBeaumont, CA 92223

(951) 266-0220

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.55x

Higher debt load relative to assets than 82% of similar nonprofits.

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

Liabilities / Revenue

48th percentile

0.09x

Higher debt load relative to revenue than 48% of similar nonprofits.

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

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

72nd percentile

$106,198

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

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

Asset Growth

43rd percentile

1.2%

Faster asset growth than 43% of similar nonprofits.

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

Revenue Growth

64th percentile

12%

Faster revenue growth than 64% of similar nonprofits.

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

Assets

Up

$378,693

Up $4,419 (+1.2%) from 2016

Net Assets

Up

$170,940

Up $75,758 (+80%) from 2016

Liabilities

Down

$207,753

Down $71,339 (-26%) from 2016

Revenue

Up

$2,389,776

Up $247,794 (+12%) from 2016

Expenses

Up

$2,314,018

Up $438,977 (+23%) from 2016

Net Income

Down

$75,758

Down $191,183 (-72%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $374,274Liabilities 2016: $279,092Net Assets 2016: $95,1822016Assets 2017: $378,693Liabilities 2017: $207,753Net Assets 2017: $170,9402017Assets 2018: $851,980Liabilities 2018: $411,067Net Assets 2018: $440,9132018Assets 2019: $1,017,226Liabilities 2019: $133,111Net Assets 2019: $884,1152019Assets 2020: $1,336,594Liabilities 2020: $167,541Net Assets 2020: $1,169,0532020Assets 2021: $1,955,057Liabilities 2021: $331,696Net Assets 2021: $1,623,3612021Assets 2022: $2,545,448Liabilities 2022: $728,255Net Assets 2022: $1,817,1932022

Highlighted filing

2017

Assets$378,693
Liabilities$207,753
Net Assets$170,940

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2016: $2,141,982Expenses 2016: $1,875,041Net Income 2016: $266,9412016Revenue 2017: $2,389,776Expenses 2017: $2,314,018Net Income 2017: $75,7582017Revenue 2018: $3,075,205Expenses 2018: $2,805,232Net Income 2018: $269,9732018Revenue 2019: $3,227,137Expenses 2019: $2,783,935Net Income 2019: $443,2022019Revenue 2020: $3,270,839Expenses 2020: $2,985,901Net Income 2020: $284,9382020Revenue 2021: $3,387,840Expenses 2021: $2,933,532Net Income 2021: $454,3082021Revenue 2022: $3,620,198Expenses 2022: $3,426,366Net Income 2022: $193,8322022

Highlighted filing

2017

Revenue$2,389,776
Expenses$2,314,018
Net Income$75,758
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 30, 2018
Return Version
2016v3.0
Gross Receipts
$2,389,776
Mission and Program Overview

Mission

To build character, foster self-motivation and enhance leadership ability in students. Using core subjects, faculty will teach the necessary 21st century skills of technology, collaboration, critical thinking and creativity in a safe and individualized environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$300,011$289,576▼ $10,435
Cash and Non-Interest-Bearing Accounts$35,691$50,687▲ $14,996
Land, Buildings, and Equipment, Net$38,572$28,169▼ $10,403
Prepaid Expenses and Deferred Charges-$10,261-
Total Assets$374,274$378,693▲ $4,419
Liabilities
Accounts Payable and Accrued Expenses$279,092$207,753▼ $71,339
Total Liabilities$279,092$207,753▼ $71,339
Net Assets / Fund Balance
Unrestricted Net Assets$76,117$170,940▲ $94,823
Temporarily Rstr Net Assets$19,065$0▼ $19,065
Total Net Assets Fund Balance$95,182$170,940▲ $75,758
Total Liabilities and Net Assets / Fund Balance$374,274$378,693▲ $4,419

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,169$41,729$69,898
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent BishopCBO/directorFT$101,302$4,896$106,198

Board Members and Trustees

NameTitle
Nerni MillerBoard President
Brooke HorspoolBoard CFO
Leslie HoseyBoard Member
Scott WhitlatchBoard Member
Kevin LisboaBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,289,622
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$100,154
Change in Net Assets
$75,758

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,389,776
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,389,776
Total Revenue per Form 990
$2,389,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,534,327
Other Expenses$779,691
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$974,263$144,059-$1,118,322
Fees for Services Other$225,831$56,458-$282,289
Other Employee Benefits$124,339$31,085-$155,424
Fees for Services Management$95,687$23,922-$119,609
Occupancy$94,189$23,547-$117,736
Current Officers, Directors, Trustees, and Key Employees-$112,025-$112,025
Pension Plan Contributions$92,410$10,584-$102,994
Other Expenses$55,416$13,854-$69,270
Office Expenses-$59,055-$59,055
Payroll Taxes$36,450$9,112-$45,562
Insurance-$15,447-$15,447
Fees for Services Accounting-$13,537-$13,537
Depreciation Depletion$10,407$2,602-$13,009
Fees for Services Legal$10,250$2,562-$12,812
Travel$1,122$281-$1,403
Total Functional Expenses$1,795,888$518,130$0$2,314,018

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,314,018
Total Expenses per Audited Statements$2,314,018
Total Expenses per Form 990$2,314,018
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
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
Yes
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 A, Line 8B

N/A

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

Organization's process to review form 990 the form 990 is prepared by a cpa firm. A draft of the return is sent to the cbo for initial review, copies are also provided to the board. Once approved the cbo directs the firm to revise if necessary and finalize the return.

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

The organization monitors the conflict of interest policy through the opensessions of the board meeting.

Form 990, Part VI, Section B, Line 15A

The board reviews the cbo's compensation and ensures it is in line withindustry standards. The board sets the compensation of top management.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are provided to the public upon written request to the board.

Filing and Contact Details

Filer

Filer Name
Highland Academy Charter School
EIN
46-1008232
Phone
9512660220
Address
715 WELLWOOD AVE, BEAUMONT, CA 92223

Signing Officer

Name
Brent Bishop
Title
Executive Director
Phone
9512660220
Signed
2018-03-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Bishop
Formed
2012
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
46
Volunteers
15

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees : program service expenses 225,831. Management and general expenses 56,458. Fundraising expenses 0. Total expenses 282,289.

Financial Statement Notes

PART X, LINE 2:

The school 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 school files informational returns in the u.s. Federal jurisdiction, and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.

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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/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL 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 SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
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IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd00
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd00
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS PROVIDED THROUGH LITERATURE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1HIGHLAND ACADEMY IS A PUBLIC CHARTER SCHOOL AND NO TUITION IS CHARGED. SCHOLARSHIPS ARE NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVED SEVERAL EDUCATIONAL GRANTS FROM GOVERNMENT AGENCIES WHICH ARE NOTED ON THE STATEMENT OF REVENUE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 IS PREPARED BY A CPA FIRM. A DRAFT OF THE RETURN IS SENT TO THE CBO FOR INITIAL REVIEW, COPIES ARE ALSO PROVIDED TO THE BOARD. ONCE APPROVED THE CBO DIRECTS THE FIRM TO REVISE IF NECESSARY AND FINALIZE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY THROUGH THE OPENSESSIONS OF THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS THE CBO'S COMPENSATION AND ENSURES IT IS IN LINE WITHINDUSTRY STANDARDS. THE BOARD SETS THE COMPENSATION OF TOP MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC UPON WRITTEN REQUEST TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES : PROGRAM SERVICE EXPENSES 225,831. MANAGEMENT AND GENERAL EXPENSES 56,458. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 282,289.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt019065
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0374274
IRS990/TotalAssetsEOYAmt0378693
IRS990/TotalAssetsGrp/BOYAmt0374274
IRS990/TotalAssetsGrp/EOYAmt0378693
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02289622
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0518130
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01795888
IRS990/TotalFunctionalExpensesGrp/TotalAmt02314018
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0279092
IRS990/TotalLiabilitiesEOYAmt0207753
IRS990/TotalLiabilitiesGrp/BOYAmt0279092
IRS990/TotalLiabilitiesGrp/EOYAmt0207753
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt095182
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0170940
IRS990/TotalOtherCompensationAmt04896
IRS990/TotalProgramServiceExpensesAmt01795888
IRS990/TotalReportableCompFromOrgAmt0101302
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0100154
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02389776
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0374274
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0378693
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0281
IRS990/TravelGrp/ProgramServicesAmt01122
IRS990/TravelGrp/TotalAmt01403
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt076117
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0170940
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0715 WELLWOOD AVE
IRS990/USAddress/CityNm0BEAUMONT
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092223
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.HIGHLAND-ACADEMY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENT BISHOP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09512660220
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHLAND ACADEMY CHARTER SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0461008232
ReturnHeader/Filer/PhoneNum09512660220
ReturnHeader/Filer/USAddress/AddressLine1Txt0715 WELLWOOD AVE
ReturnHeader/Filer/USAddress/CityNm0BEAUMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092223
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId034711CE866C7812F6419C49FC34AA771683A6B38
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00F3A0751B4B17870376354205142E1E75F97C613
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02018-03-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm005:58:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02210 EAST ROUTE 66
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091740
ReturnHeader/PreparerPersonGrp/PhoneNum06268577300
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WADE MCMULLEN
ReturnHeader/ReturnTs02018-04-03T08:29:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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