Civic Intelligence

Innovate Public Schools

EIN 46-2155826 • 501(c)3 • San Jose, CA

Profile

Innovate Public Schools is a nonprofit organization whose mission is to build the parent and community demand for world-class public schools, and to accelerate the growth of these schools, particularly for low-income students and students of color. See Schedule O.The organization publishes easy-to-understand school quality data and research that highlights both problems and solutions, and it builds the capacity of parents, community leaders and educators to innovate and act together to create world-class public schools.

1400 Parkmoor Ave 240San Jose, CA 95161-1540

innovateschools.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.07x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.13x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

5th percentile

-64%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$217,615

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

4th percentile

-26%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-47%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,429,725

Down $2,257,759 (-26%) from 2023

Liabilities

Up

$465,423

Up $83,621 (+22%) from 2023

Net Assets

Down

$5,964,302

Down $2,341,380 (-28%) from 2023

Revenue

Down

$3,685,203

Down $3,254,883 (-47%) from 2023

Expenses

Down

$6,030,648

Down $1,535,171 (-20%) from 2023

Net Income

Down

-$2,345,445

Down $1,719,712 (-275%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2013: $1,952,618Liabilities 2013: $45,707Net Assets 2013: $1,906,9112013Assets 2014: $2,290,328Liabilities 2014: $124,674Net Assets 2014: $2,165,6542014Assets 2015: $3,834,559Liabilities 2015: $230,879Net Assets 2015: $3,603,6802015Assets 2016: $6,216,588Liabilities 2016: $526,544Net Assets 2016: $5,690,0442016Assets 2017: $6,909,690Liabilities 2017: $708,395Net Assets 2017: $6,201,2952017Assets 2018: $7,304,230Liabilities 2018: $425,438Net Assets 2018: $6,878,7922018Assets 2019: $6,449,581Liabilities 2019: $398,628Net Assets 2019: $6,050,9532019Assets 2020: $8,504,028Liabilities 2020: $1,157,988Net Assets 2020: $7,346,0402020Assets 2021: $10,096,835Liabilities 2021: $1,452,536Net Assets 2021: $8,644,2992021Assets 2022: $9,500,964Liabilities 2022: $591,852Net Assets 2022: $8,909,1122022Assets 2023: $8,687,484Liabilities 2023: $381,802Net Assets 2023: $8,305,6822023Assets 2024: $6,429,725Liabilities 2024: $465,423Net Assets 2024: $5,964,3022024

Highlighted filing

2024

Assets$6,429,725
Liabilities$465,423
Net Assets$5,964,302

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2013: $2,634,746Expenses 2013: $727,862Net Income 2013: $1,906,8842013Revenue 2014: $1,753,305Expenses 2014: $1,494,562Net Income 2014: $258,7432014Revenue 2015: $4,049,027Expenses 2015: $2,611,001Net Income 2015: $1,438,0262015Revenue 2016: $6,202,200Expenses 2016: $4,114,409Net Income 2016: $2,087,7912016Revenue 2017: $6,383,667Expenses 2017: $5,872,708Net Income 2017: $510,9592017Revenue 2018: $7,722,273Expenses 2018: $7,044,776Net Income 2018: $677,4972018Revenue 2019: $2,745,607Expenses 2019: $3,573,446Net Income 2019: -$827,8392019Revenue 2020: $7,990,134Expenses 2020: $6,695,047Net Income 2020: $1,295,0872020Revenue 2021: $9,088,776Expenses 2021: $7,790,517Net Income 2021: $1,298,2592021Revenue 2022: $7,956,314Expenses 2022: $7,691,501Net Income 2022: $264,8132022Revenue 2023: $6,940,086Expenses 2023: $7,565,819Net Income 2023: -$625,7332023Revenue 2024: $3,685,203Expenses 2024: $6,030,648Net Income 2024: -$2,345,4452024

Highlighted filing

2024

Revenue$3,685,203
Expenses$6,030,648
Net Income-$2,345,445

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$0.47$5.96$3.69$6.03$2.35
2023Summary only. Only limited summary data is available for this year.$8.69$0.38$8.31$6.94$7.57$0.63
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.50$0.59$8.91$7.96$7.69$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$1.45$8.64$9.09$7.79$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$1.16$7.35$7.99$6.70$1.30
2019Summary only. Only limited summary data is available for this year.$6.45$0.40$6.05$2.75$3.57$0.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.30$0.43$6.88$7.72$7.04$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.91$0.71$6.20$6.38$5.87$0.51
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.22$0.53$5.69$6.20$4.11$2.09
2015Detailed filing. Detailed filing data is available for this year.$3.83$0.23$3.60$4.05$2.61$1.44
2014Summary only. Only limited summary data is available for this year.$2.29$0.12$2.17$1.75$1.49$0.26
2013Summary only. Only limited summary data is available for this year.$1.95$0.05$1.91$2.63$0.73$1.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$4,950,964
Mission and Program Overview

Mission

Innovate public schools is a nonprofit organization whose mission is to build the parent and community demand for world-class public schools, and to accelerate the growth of these schools, particularly for low-income students, students of color, and see schedule o.students with special needs. The organization publishes easy-to-understand school quality data and research that highlights both problems and solutions, and it builds the capacity of parents, community leaders and educators to innovate and act together to create world-class public schools.

Build the parent and community demand for world-class public schools, and to accelerate the growth of these schools, particularly for low-income students, students of colors, and students with special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,247,358$3,650,405▲ $403,047
Pledges and Grants Receivable$2,635,371$1,672,867▼ $962,504
Cash and Non-Interest-Bearing Accounts$2,625,175$988,437▼ $1,636,738
Prepaid Expenses and Deferred Charges$72,538$71,201▼ $1,337
Land, Buildings, and Equipment, Net$54,496$30,613▼ $23,883
Other Notes and Loans Receivable, Net$1,655$2,853▲ $1,198
Total Assets$8,687,484$6,429,725▼ $2,257,759
Other Assets Total$50,891$13,349▼ $37,542
Liabilities
Accounts Payable and Accrued Expenses$376,802$325,234▼ $51,568
Deferred Revenue$5,000$140,189▲ $135,189
Total Liabilities$381,802$465,423▲ $83,621
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,463,814$3,034,379▼ $1,429,435
Net Assets With Donor Restrictions$3,841,868$2,929,923▼ $911,945
Total Net Assets Fund Balance$8,305,682$5,964,302▼ $2,341,380
Total Liabilities and Net Assets / Fund Balance$8,687,484$6,429,725▼ $2,257,759

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$10,398$291,901$302,299
Equipment$20,215$243,423$263,638
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle VilchezCEOFT$217,615$217,615
Jose ArenasHigh CompFT$177,085$177,085
Hannah GravetteHigh CompFT$166,386$166,386
Arleen VargasHigh CompFT$159,296$159,296
Celia BenavidesHigh CompFT$135,769$135,769
Terrance WatsonHigh CompFT$135,769$135,769

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,384,364
Program Service Revenue
$152,880
Investment Income
$147,959
Other Revenue
$0
All Other Contributions
$3,384,364
Change in Net Assets
$-2,345,445

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$1,279,060Fair Value
Total Noncash Contributions2$1,279,060-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,685,203
Revenue Not Reported on Form 990
$1,701,600
Total Revenue per Audited Statements
$5,386,803
Total Revenue per Form 990
$3,685,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,630,877
Other Expenses$1,399,771
Total Fundraising Expense$545,842
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,099,887$1,074,100$345,272$3,519,259
Other Employee Benefits$383,065$163,235$47,777$594,077
Fees for Services Other$88,170$311,331$68,957$468,458
Payroll Taxes$177,595$94,345$27,987$299,927
Conferences and Meetings$216,182-$4,992$221,174
Current Officers, Directors, Trustees, and Key Employees$129,847$66,417$21,350$217,614
Travel$67,002$82,982$10,492$160,476
Information Technology$59,577$29,328$6,390$95,295
All Other Expenses$21,528$33,069$815$55,412
Other Expenses$90,936$36,671$5,664$36,671
Office Expenses$4,486$28,855$231$33,572
Insurance$20,631$8,393$3,127$32,151
Depreciation Depletion$18,397$7,478$2,788$28,663
Advertising-$1,503-$1,503
Total Functional Expenses$3,377,303$2,107,503$545,842$6,030,648

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,728,183
Expenses per Audited Statements$6,030,648
Total Expenses per Form 990$6,030,648
Expenses Not Reported on Form 990$1,697,535
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
Yes
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 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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Reviewed by director of finance and ceo prior to submission. Provided to board for review (prior to submission if available) via email.

Form 990, Page 6, Part VI, Line 12C

Annually key employees are required to read and acknowledge that they have read the conflicts of interest policy. If a conflict of interest is disclosed, that person is excluded from any decision-making regarding the person or contract that might present a conflict of interest. For example, if two employees are married, we ensure they do not report to each other, nor do they have any control over the salary or performance evaluation of the other. If an employee has a personal relationship with a potential vendor, we follow a formal process to evaluate multiple potential vendors, and a team of people assess the relative merits of the vendors, and a contract is awarded based on this determination. The employee with the potential conflict of interest is excluded from any discussion or decision-making about the decision to contract with the potential vendor.

Form 990, Page 6, Part VI, Line 15A

Steps in the salary determination process: without the ceo present, the board held an executive session to review the 2017 performance of the ceo. It was decided that the ceo had exceeded expectations and to align the salary increase closely with the organization-wide policy. Board consensus on the performance review (including salary) was confirmed via email once final documents were complete. The ceo was not part of that email. The board chair discussed the performance review (including salary) with the ceo on behalf of the board.

Form 990, Page 6, Part VI, Line 15B

Other officers and key employees are determined by the ceo and approved by the board.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Innovate Public Schools
EIN
46-2155826
Phone
6505626200
Address
1400 PARKMOOR AVE 240, SAN JOSE, CA 95161-1540

Signing Officer

Name
Michelle Vilchez
Title
CEO
Phone
6505626200
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Vilchez
Formed
2013
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
34
Volunteers
25

Preparer

Firm
Chavan & Associates Llp
Address
15105 CONCORD CIRCLE SUITE 130, MORGAN HILL, CA 95037
Preparer
Sheldon Chavan
Phone
4082178749
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Lobbying - the lobbying efforts at the state level have been primarily on the california state budget and the allocation of increased monetary investments in the state budget toward education related activities, particularly as it relates to covid-19 relief efforts, learning loss recovery and high-quality tutoring. None of this funding will go directly to innovate public schools. Statewide - innovate organizes thousands of parents throughout california. In 2022, 14 parent leaders were nominated to serve on innovate's ca statewide parent leader board. The ca statewide parent leader board is a body of volunteer parent leaders representing thousands of black and latino parents, parents of students with learning differences, and parents of english learners. Parent leaders live and work in los angeles, san francisco, san jose, redwood city, and east palo alto. Canvassing - canvassing is the initial point of contact to get them to know innovate and the work that we do, "prospecting".

Financial Statement Notes

Schedule D, Page 3, Part X

Innovate public schools is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and state income taxes under section 23701(d) of the california revenue taxation code. Accordingly, no provision for income taxes has been made in the accompanying statements. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) of the internal revenue code and has been classified as an organization that is not a private foundation under internal revenue code. The organization evaluated its current tax positions and has concluded that as of june 30, 2022 and 2021, the organization does not have anysignificant uncertain tax positions for which a reserve would be necessary.

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IRS990/MissionDesc0BUILD THE PARENT AND COMMUNITY DEMAND FOR WORLD-CLASS PUBLIC SCHOOLS, AND TO ACCELERATE THE GROWTH OF THESE SCHOOLS, PARTICULARLY FOR LOW-INCOME STUDENTS, STUDENTS OF COLORS, AND STUDENTS WITH SPECIAL NEEDS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY ORGANIZING - PARENTS HAVE A UNIQUE AND CRITICAL ROLE IN IMPROVING PUBLIC SCHOOLS. INNOVATE PUBLIC SCHOOLS SUPPORTS PARENTS ACROSS THE NATION TO BUILD ORGANIZATIONS IN THEIR COMMUNITIES THAT CAN SUCCESSFULLY ADVOCATE FOR BETTER SCHOOLS AND HOLD THE SYSTEM ACCOUNTABLE TO THE NEEDS OF THEIR CHILDREN. THE ORGANIZATION ALSO TRAINS AND DEVELOPS PROFESSIONAL COMMUNITY ORGANIZERS AND PARENT VOLUNTEER LEADERS FROM ACROSS THE COUNTRY THROUGH THE COMMUNITY ORGANIZER TRAINING PROGRAM AND NATIONAL PARENT LEADER INSTITUTE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CONSULTING, TRAINING AND NATIONAL EXPANSION - THE ORGANIZATION WORKS TO ACCELERATE THE GROWTH OF HIGH-QUALITY PUBLIC SCHOOLS FOR UNDERSERVED CHILDREN. THE ORGANIZATION'S MAJOR SCHOOL SUPPORT EFFORTS ARE THE WORLD- CLASS SCHOOLS FELLOWSHIP PROGRAM. THE ORGANIZATION LAUNCHED THE FELLOWSHIP IN FALL 2013. THIS IS THE ORGANIZATION'S FLAGSHIP PROGRAM TO PREPARE SCHOOL LEADERSHIP TEAMS FROM BOTH DISTRICT AND NONPROFIT PUBLIC CHARTER SCHOOLS TO LAUNCH EXCELLENT NEW PUBLIC SCHOOLS. THE FELLOWSHIP PROVIDES A HOLISTIC SET OF SUPPORTS TAILORED TO THE NEEDS OF EACH ORGANIZATION. IN FISCAL YEAR 22- 23, THE SCHOOLS PROGRAM HAS BEEN SUNSETTING.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0LOBBYING - THE LOBBYING EFFORTS AT THE STATE LEVEL HAVE BEEN PRIMARILY ON THE CALIFORNIA STATE BUDGET AND THE ALLOCATION OF INCREASED MONETARY INVESTMENTS IN THE STATE BUDGET TOWARD EDUCATION RELATED ACTIVITIES, PARTICULARLY AS IT RELATES TO COVID-19 RELIEF EFFORTS, LEARNING LOSS RECOVERY AND HIGH-QUALITY TUTORING. NONE OF THIS FUNDING WILL GO DIRECTLY TO INNOVATE PUBLIC SCHOOLS. STATEWIDE - INNOVATE ORGANIZES THOUSANDS OF PARENTS THROUGHOUT CALIFORNIA. IN 2022, 14 PARENT LEADERS WERE NOMINATED TO SERVE ON INNOVATE'S CA STATEWIDE PARENT LEADER BOARD. THE CA STATEWIDE PARENT LEADER BOARD IS A BODY OF VOLUNTEER PARENT LEADERS REPRESENTING THOUSANDS OF BLACK AND LATINO PARENTS, PARENTS OF STUDENTS WITH LEARNING DIFFERENCES, AND PARENTS OF ENGLISH LEARNERS. PARENT LEADERS LIVE AND WORK IN LOS ANGELES, SAN FRANCISCO, SAN JOSE, REDWOOD CITY, AND EAST PALO ALTO. CANVASSING - CANVASSING IS THE INITIAL POINT OF CONTACT TO GET THEM TO KNOW INNOVATE AND THE WORK THAT WE DO, "PROSPECTING".
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