Civic Intelligence

Estrella Educational Foundation

990 • Fiscal year 2021 • EIN 46-2629295

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

3900 S 55th AvePhoenix, AZ 85043

(602) 793-9903

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.45x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

55th percentile

0.12x

Higher debt load relative to revenue than 55% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

33rd percentile

3.7%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

40th percentile

4.8%

Faster asset growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

55%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$818,986

Up $37,881 (+4.8%) from 2020

Net Assets

Up

$450,852

Up $114,262 (+34%) from 2020

Liabilities

Down

$368,134

Down $76,381 (-17%) from 2020

Revenue

Up

$3,118,544

Up $1,101,962 (+55%) from 2020

Expenses

Up

$3,004,282

Up $978,551 (+48%) from 2020

Net Income

Up

$114,262

Up $123,411 (+1349%) from 2020

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 2014: $4,997Liabilities 2014: $02014Assets 2015: $115,156Liabilities 2015: $02015Assets 2016: $8,084Liabilities 2016: $02016Assets 2017: $53,059Liabilities 2017: $40,0422017Assets 2018: $140,436Liabilities 2018: $100,795Net Assets 2018: $39,6412018Assets 2019: $568,175Liabilities 2019: $222,436Net Assets 2019: $345,7392019Assets 2020: $781,105Liabilities 2020: $444,515Net Assets 2020: $336,5902020Assets 2021: $818,986Liabilities 2021: $368,134Net Assets 2021: $450,8522021Assets 2022: $1,801,370Liabilities 2022: $432,615Net Assets 2022: $1,368,7552022Assets 2023: $2,133,848Liabilities 2023: $618,930Net Assets 2023: $1,514,9182023Assets 2024: $2,032,430Liabilities 2024: $705,368Net Assets 2024: $1,327,0622024

Highlighted filing

2021

Assets$818,986
Liabilities$368,134
Net Assets$450,852

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $80,651Expenses 2014: $75,654Net Income 2014: $4,9972014Revenue 2015: $160,090Expenses 2015: $44,934Net Income 2015: $115,1562015Revenue 2016: $19,000Expenses 2016: $126,072Net Income 2016: -$107,0722016Revenue 2017: $153,952Expenses 2017: $185,067Net Income 2017: -$31,1152017Revenue 2018: $916,298Expenses 2018: $889,591Net Income 2018: $26,7072018Revenue 2019: $1,622,386Expenses 2019: $1,309,015Net Income 2019: $313,3712019Revenue 2020: $2,016,582Expenses 2020: $2,025,731Net Income 2020: -$9,1492020Revenue 2021: $3,118,544Expenses 2021: $3,004,282Net Income 2021: $114,2622021Revenue 2022: $4,431,021Expenses 2022: $3,513,118Net Income 2022: $917,9032022Revenue 2023: $4,800,571Expenses 2023: $4,389,712Net Income 2023: $410,8592023Revenue 2024: $4,938,026Expenses 2024: $5,125,882Net Income 2024: -$187,8562024

Highlighted filing

2021

Revenue$3,118,544
Expenses$3,004,282
Net Income$114,262
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.1
Gross Receipts
$3,118,544
Mission and Program Overview

Mission

Estrella educational foundation is committed to the mission of improving student achievement by providing option and resources to parents who would like to send their children to a school with an advanced curriculum for science, technology, engineering and math.

Estrella Educational Foundation is committed to the mission of improving student achievement

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$541,192$684,601▲ $143,409
Savings and Temporary Cash Investments$152,864--
Pledges and Grants Receivable$79,337$100,908▲ $21,571
Land, Buildings, and Equipment, Net$7,300$26,350▲ $19,050
Prepaid Expenses and Deferred Charges$412$7,127▲ $6,715
Total Assets$781,105$818,986▲ $37,881
Liabilities
Other Liabilities$237,101$209,111▼ $27,990
Accounts Payable and Accrued Expenses$90,914$159,023▲ $68,109
Mortgage Notes Payable Secured by Investment Property$116,500--
Total Liabilities$444,515$368,134▼ $76,381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$336,590$446,726▲ $110,136
Net Assets With Donor Restrictions-$4,126-
Total Net Assets Fund Balance$336,590$450,852▲ $114,262
Total Liabilities and Net Assets / Fund Balance$781,105$818,986▲ $37,881

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,350$8,150$34,500
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anthony CalderonDirector
David BurrowsDirector
Farid ZehtabDirector
Michael AranoDirector
Ruben GutierrezChief Executive Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Riverside School DistrictSchool admin & teachers1414 S 51st Avenue, Phoenix, AZ 85043$395,081
Revenue and Support

Revenue Composition

Contributions and Grants
$3,099,682
Program Service Revenue
$0
Investment Income
$38
Other Revenue
$18,824
All Other Contributions
$139,996
Change in Net Assets
$114,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,118,544
Total Revenue per Audited Statements
$3,118,544
Total Revenue per Form 990
$3,118,544
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,689,941
Salaries, Compensation, and Employee Benefits$1,314,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,032,246$79,055$0$1,111,301
Fees for Services Other$674,511$78,357$0$752,868
Occupancy$399,152$0$0$399,152
Office Expenses$213,798$22,866$0$236,664
Other Employee Benefits$84,334$10,101$0$94,435
Information Technology$1,872$85,625$0$87,497
Fees for Services Accounting$0$78,792$0$78,792
Payroll Taxes$72,282$5,968$0$78,250
Fees for Services Legal$0$39,103$0$39,103
Travel$34,490$0$0$34,490
Pension Plan Contributions$27,804$2,551$0$30,355
Advertising$0$27,084$0$27,084
Other Expenses$9,739$7,067$0$16,806
All Other Expenses$13,592$0$0$13,592
Depreciation Depletion$3,450$0$0$3,450
Interest$0$443$0$443
Total Functional Expenses$2,567,270$437,012$0$3,004,282

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,004,282
Total Expenses per Audited Statements$3,004,282
Total Expenses per Form 990$3,004,282
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
Due to related party$204,805
Credit card payable$4,306
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Estrella Educational Foundation
EIN
46-2629295
Phone
6027939903
Address
3900 S 55TH AVE, Phoenix, AZ 85043

Signing Officer

Name
Ruben Gutierrez
Title
CEO
Phone
6027939903
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruben Gutierrez
Formed
2013
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
23
Volunteers
0

Preparer

Firm
Lorenzo Plc
Address
1450 W GUADALUPE RD STE 111, GILBERT, AZ 85233
Preparer
Anthony Lorenzo
Phone
4806441097
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Form 990 is completed by the CPA. It is then submitted to the Governing Board for review and approval. Any issues identified are discussed/reconciled and the Form is then submitted.

Pt VI, Line 12C

All potential conflicts of interest are brought to the attention of the board for review.

Pt VI, Line 19

All documents are available upon request.

Form 990, Part IX, Line 11G

Contracted Teachers & Administrative Staff 660212. 660212. 0. 0.

Form 990, Part IX, Line 11G

Special Education Services 2568. 2568. 0. 0.

Form 990, Part IX, Line 11G

Attendance System 4142. 4142. 0. 0.

Form 990, Part IX, Line 11G

Professional Development 2481. 2481. 0. 0.

Form 990, Part IX, Line 11G

Payroll Processor 78357. 0. 78357. 0.

Form 990, Part IX, Line 11G

Building Grounds Services 4220. 4220. 0. 0.

Form 990, Part IX, Line 11G

Security Services 888. 888. 0. 0.

Financial Statement Notes

Pt X, Line 2

Uncertain Tax Positions - The School accounts for uncertain tax positions, if any, in accordance with FASB Accounting Standards Codification Section 740. In accordance with these professional standards the School recognizes tax positions only to the extent that Management believes it is "more likely than not" that its tax positions will be sustained upon IRS examination. Management believes that it has no uncertain tax positions for the year ended June 30, 2021.

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IRS990/PYSalariesCompEmpBnftPaidAmt0633686
IRS990/PYTotalExpensesAmt02025731
IRS990/PYTotalRevenueAmt02016582
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0114262
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt017685
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0152864
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt026350
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034500
IRS990ScheduleD/ExpensesSubtotalAmt03004282
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04306
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1204805
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit card payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to related party
IRS990ScheduleD/RevenueSubtotalAmt03118544
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Uncertain Tax Positions - The School accounts for uncertain tax positions, if any, in accordance with FASB Accounting Standards Codification Section 740. In accordance with these professional standards the School recognizes tax positions only to the extent that Management believes it is "more likely than not" that its tax positions will be sustained upon IRS examination. Management believes that it has no uncertain tax positions for the year ended June 30, 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026350
IRS990ScheduleD/TotalExpensesPerForm990Amt03004282
IRS990ScheduleD/TotalLiabilityAmt0209111
IRS990ScheduleD/TotalRevenuePerForm990Amt03118544
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03118544
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03004282
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The School receives monthly state aid payments and federal/state grants based on the number/type of students enrolled and attending. These funds are used in accordance with the requirements set forth by the State of Arizona and/or the federal governmnet.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is completed by the CPA. It is then submitted to the Governing Board for review and approval. Any issues identified are discussed/reconciled and the Form is then submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All potential conflicts of interest are brought to the attention of the board for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contracted Teachers & Administrative Staff 660212. 660212. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Special Education Services 2568. 2568. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Attendance System 4142. 4142. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Professional Development 2481. 2481. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payroll Processor 78357. 0. 78357. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Building Grounds Services 4220. 4220. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Security Services 888. 888. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0781105
IRS990/TotalAssetsEOYAmt0818986
IRS990/TotalAssetsGrp/BOYAmt0781105
IRS990/TotalAssetsGrp/EOYAmt0818986
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03099682
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0437012
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02567270
IRS990/TotalFunctionalExpensesGrp/TotalAmt03004282
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0444515
IRS990/TotalLiabilitiesEOYAmt0368134
IRS990/TotalLiabilitiesGrp/BOYAmt0444515
IRS990/TotalLiabilitiesGrp/EOYAmt0368134
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0336590
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0450852
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02567270
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018862
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03118544
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0781105
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0818986
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt034490
IRS990/TravelGrp/TotalAmt034490
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03900 S 55TH AVE
IRS990/USAddress/CityNm0Phoenix
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085043
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00

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