Civic Intelligence

Highlands Adult & Community Charter School

990 • Fiscal year 2018 • EIN 46-1190967

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 14, 2018

1333 Grand AvenueSacramento, CA 95838

(916) 844-2283

Siviq Scores

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

Liabilities / Assets

80th percentile

0.65x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

42nd percentile

0.17x

Higher debt load relative to revenue than 42% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

42nd percentile

1.2%

Higher net margin than 42% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

51st percentile

$176,898

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

80th percentile

14%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

33%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,785,230

Up $457,352 (+14%) from 2017

Net Assets

Up

$1,317,896

Up $175,364 (+15%) from 2017

Liabilities

Up

$2,467,334

Up $281,988 (+13%) from 2017

Revenue

Up

$14,828,112

Up $3,647,337 (+33%) from 2017

Expenses

Up

$14,652,748

Up $3,933,468 (+37%) from 2017

Net Income

Down

$175,364

Down $286,131 (-62%) from 2017

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0-$50MAssets 2015: $887,619Liabilities 2015: $899,246Net Assets 2015: -$11,6272015Assets 2016: $1,620,177Liabilities 2016: $939,140Net Assets 2016: $681,0372016Assets 2017: $3,327,878Liabilities 2017: $2,185,346Net Assets 2017: $1,142,5322017Assets 2018: $3,785,230Liabilities 2018: $2,467,334Net Assets 2018: $1,317,8962018Assets 2019: $6,142,842Liabilities 2019: $5,361,460Net Assets 2019: $781,3822019Assets 2020: $10,353,445Liabilities 2020: $8,798,149Net Assets 2020: $1,555,2962020Assets 2021: $19,836,797Liabilities 2021: $9,597,989Net Assets 2021: $10,238,8082021Assets 2022: $26,028,710Liabilities 2022: $4,940,494Net Assets 2022: $21,088,2162022Assets 2023: $80,235,879Liabilities 2023: $14,450,472Net Assets 2023: $65,785,4072023Assets 2024: $111,339,781Liabilities 2024: $44,960,628Net Assets 2024: $66,379,1532024

Highlighted filing

2018

Assets$3,785,230
Liabilities$2,467,334
Net Assets$1,317,896

Operations Trend

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

$200M$150M$100M$50M$0-$50MRevenue 2015: $2,191,090Expenses 2015: $2,202,717Net Income 2015: -$11,6272015Revenue 2016: $4,556,504Expenses 2016: $3,863,840Net Income 2016: $692,6642016Revenue 2017: $11,180,775Expenses 2017: $10,719,280Net Income 2017: $461,4952017Revenue 2018: $14,828,112Expenses 2018: $14,652,748Net Income 2018: $175,3642018Revenue 2019: $18,505,584Expenses 2019: $19,042,098Net Income 2019: -$536,5142019Revenue 2020: $28,936,475Expenses 2020: $28,162,561Net Income 2020: $773,9142020Revenue 2021: $43,183,178Expenses 2021: $34,499,666Net Income 2021: $8,683,5122021Revenue 2022: $66,025,045Expenses 2022: $55,175,637Net Income 2022: $10,849,4082022Revenue 2023: $137,387,526Expenses 2023: $91,487,315Net Income 2023: $45,900,2112023Revenue 2024: $169,537,203Expenses 2024: $156,126,832Net Income 2024: $13,410,3712024

Highlighted filing

2018

Revenue$14,828,112
Expenses$14,652,748
Net Income$175,364
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 14, 2018
Return Version
2017v2.3
Gross Receipts
$14,828,112
Mission and Program Overview

Mission

To provide the education for a high school diploma to our students, along with elective courses leading to a certificate of completion in one of our career and technical education courses, thereby giving our students all of the tools necessary to obtain a livable wage job, and a future for themselves and their family.

To provide the education for a high school diploma to our students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,018,358$2,277,556▼ $740,802
Cash and Non-Interest-Bearing Accounts-$1,204,755-
Land, Buildings, and Equipment, Net$215,472$253,034▲ $37,562
Prepaid Expenses and Deferred Charges$85,435$29,622▼ $55,813
Total Assets$3,327,878$3,785,230▲ $457,352
Other Assets Total$8,613$20,263▲ $11,650
Liabilities
Accounts Payable and Accrued Expenses$1,250,346$1,145,334▼ $105,012
Other Liabilities$0$750,000▲ $750,000
Mortgage Notes Payable Secured by Investment Property$935,000$572,000▼ $363,000
Total Liabilities$2,185,346$2,467,334▲ $281,988
Net Assets / Fund Balance
Unrestricted Net Assets$1,051,400$1,317,896▲ $266,496
Temporarily Rstr Net Assets$91,132$0▼ $91,132
Total Net Assets Fund Balance$1,142,532$1,317,896▲ $175,364
Total Liabilities and Net Assets / Fund Balance$3,327,878$3,785,230▲ $457,352

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$233,779$146,116$379,895
Buildings$19,255$3,763$23,018
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Murdock SmithExecutive DirectorFT$168,783$8,115$176,898
Michael RoesslerAdministratorFT$103,574$24,445$128,019

Board Members and Trustees

NameTitle
Ernie DanielsPresident
Doyle RadfordVice President
Dsonja CameronDirector
Kevin FerreiraDirector
Lauren MistrettaDirector
Rick JonesDirector
Sharon RoccoDirector
Sondra BetancourtLocal Education Rep.
Matt PowersSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Cregger & Chalfant LLPLegal Srvices701 UNIVERSITY AVE 110, Sacramento, CA 95825$113,723
Revenue and Support

Revenue Composition

Contributions and Grants
$14,828,112
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$32,944
Change in Net Assets
$175,364

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,828,112
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$14,828,112
Total Revenue per Form 990
$14,828,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,415,422
Other Expenses$5,237,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,172,429$583,143-$6,755,572
Other Employee Benefits$2,253,823$229,129-$2,482,952
Other Expenses$499,919$143,948-$643,867
Current Officers, Directors, Trustees, and Key Employees$176,898--$176,898
Depreciation Depletion-$71,644-$71,644
Total Functional Expenses$10,652,900$3,999,848$0$14,652,748

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,652,748
Total Expenses per Audited Statements$14,652,748
Total Expenses per Form 990$14,652,748
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Factoring Agreement$750,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 B, Line 11B

The form 990 is reviewed by the signing officer prior to filing.

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

Conflict must be disclosed by all board members.

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

Salaries are determined with the assistance of our independent administrative services provider, who assists in analyzing competetive area salaries. All management salaries are board approved.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Highlands Community Charter and
EIN
46-1190967
Phone
9168442283
Address
1333 GRAND AVENUE, SACRAMENTO, CA 95838

Signing Officer

Name
Murdock Smith
Title
Executive Director
Phone
9168442283
Signed
2018-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernie Daniels
Formed
2013
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
153
Volunteers
0

Preparer

Firm
Squar Milner Llp
Address
3655 NOBEL DRIVE STE 300, SAN DIEGO, CA 92122-1050
Preparer
Kathleen Schmidt
Phone
8585974100
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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/BuildingsGrp/DepreciationAmt03763
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt023018
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt014652748
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0233779
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0146116
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0379895
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0750000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FACTORING AGREEMENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt014828112
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0253034
IRS990ScheduleD/TotalExpensesPerForm990Amt014652748
IRS990ScheduleD/TotalLiabilityAmt0750000
IRS990ScheduleD/TotalRevenuePerForm990Amt014828112
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014828112
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014652748
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS, ENROLLMENT MATERIALS, AND CHARTER BYLAWS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0168783
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08115
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MURDOCK SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0176898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE SIGNING OFFICER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT MUST BE DISCLOSED BY ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES ARE DETERMINED WITH THE ASSISTANCE OF OUR INDEPENDENT ADMINISTRATIVE SERVICES PROVIDER, WHO ASSISTS IN ANALYZING COMPETETIVE AREA SALARIES. ALL MANAGEMENT SALARIES ARE BOARD APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt091132
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03327878
IRS990/TotalAssetsEOYAmt03785230
IRS990/TotalAssetsGrp/BOYAmt03327878
IRS990/TotalAssetsGrp/EOYAmt03785230
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt014828112
IRS990/TotalEmployeeCnt0153
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03999848
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010652900
IRS990/TotalFunctionalExpensesGrp/TotalAmt014652748
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02185346
IRS990/TotalLiabilitiesEOYAmt02467334
IRS990/TotalLiabilitiesGrp/BOYAmt02185346
IRS990/TotalLiabilitiesGrp/EOYAmt02467334
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01142532
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01317896
IRS990/TotalOtherCompensationAmt032560
IRS990/TotalProgramServiceExpensesAmt010652900
IRS990/TotalReportableCompFromOrgAmt0272357
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014828112
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03327878
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03785230
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01051400
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01317896
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01333 GRAND AVENUE
IRS990/USAddress/CityNm0SACRAMENTO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095838
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.HCCTS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MURDOCK SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09168442283
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHLANDS COMMUNITY CHARTER AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TECHNICAL SCHOOLS
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0461190967
ReturnHeader/Filer/PhoneNum09168442283
ReturnHeader/Filer/USAddress/AddressLine1Txt01333 GRAND AVENUE

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