Civic Intelligence

Scholarship Prep

990 • Fiscal year 2022 • EIN 47-3943780

Jul 01, 2021 to Jun 30, 2022 • Filed on May 05, 2023

Organization ProfileSCHOLARSHIPSCHOOLS.ORG
1010 W 17th StreetSanta Ana, CA 92706

(714) 795-3498

Siviq Scores

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

Liabilities / Assets

85th percentile

0.72x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

1.04x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

55th percentile

8.5%

Higher net margin than 55% of similar nonprofits.

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

Top Officer Pay

57th percentile

$281,045

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

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

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

65th percentile

14%

Faster revenue growth than 65% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$31,495,275

Up $4,241,188 (+16%) from 2021

Net Assets

Up

$8,690,559

Up $1,871,310 (+27%) from 2021

Liabilities

Up

$22,804,716

Up $2,369,878 (+12%) from 2021

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin55th percentile

Revenue

Up

$21,948,648

Up $2,653,875 (+14%) from 2021

Expenses

Up

$20,077,338

Up $5,459,151 (+37%) from 2021

Net Income

Down

$1,871,310

Down $2,805,276 (-60%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$80M$60M$40M$20M$0Assets 2017: $1,436,535Liabilities 2017: $588,250Net Assets 2017: $848,2852017Assets 2018: $2,696,776Liabilities 2018: $764,168Net Assets 2018: $1,932,6082018Assets 2019: $3,494,683Liabilities 2019: $890,454Net Assets 2019: $2,604,2292019Assets 2020: $5,208,729Liabilities 2020: $3,066,066Net Assets 2020: $2,142,6632020Assets 2021: $27,254,087Liabilities 2021: $20,434,838Net Assets 2021: $6,819,2492021Assets 2022: $31,495,275Liabilities 2022: $22,804,716Net Assets 2022: $8,690,5592022Assets 2023: $63,059,972Liabilities 2023: $52,596,844Net Assets 2023: $10,463,1282023Assets 2024: $62,743,534Liabilities 2024: $50,599,329Net Assets 2024: $12,144,2052024

Highlighted filing

2022

Assets$31,495,275
Liabilities$22,804,716
Net Assets$8,690,559
Open 2022 Filing

Operations Trend

Revenue Growth65th percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2017: $4,264,994Expenses 2017: $3,440,197Net Income 2017: $824,7972017Revenue 2018: $7,490,316Expenses 2018: $6,405,993Net Income 2018: $1,084,3232018Revenue 2019: $9,260,458Expenses 2019: $8,588,837Net Income 2019: $671,6212019Revenue 2020: $14,963,960Expenses 2020: $15,425,526Net Income 2020: -$461,5662020Revenue 2021: $19,294,773Expenses 2021: $14,618,187Net Income 2021: $4,676,5862021Revenue 2022: $21,948,648Expenses 2022: $20,077,338Net Income 2022: $1,871,3102022Revenue 2023: $31,429,654Expenses 2023: $29,657,085Net Income 2023: $1,772,5692023Revenue 2024: $36,138,803Expenses 2024: $34,457,726Net Income 2024: $1,681,0772024

Highlighted filing

2022

Revenue$21,948,648
Expenses$20,077,338
Net Income$1,871,310
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 5, 2023
Return Version
2021v4.2
Gross Receipts
$21,948,648
Mission and Program Overview

Mission

To provide a university-inspired pathway of success while closing the achievement gap for all students, including foster youth and those undeserved.

To provide a university-inspired pathway of success for all students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,358,929$12,197,931▲ $6,839,002
Savings and Temporary Cash Investments$13,868,738$8,856,099▼ $5,012,639
Cash and Non-Interest-Bearing Accounts$2,130,745$6,956,585▲ $4,825,840
Accounts Receivable$5,271,400$2,502,622▼ $2,768,778
Prepaid Expenses and Deferred Charges$624,275$982,038▲ $357,763
Total Assets$27,254,087$31,495,275▲ $4,241,188
Liabilities
Tax Exempt Bond Liabilities$16,967,906$17,048,116▲ $80,210
Accounts Payable and Accrued Expenses$972,259$3,074,383▲ $2,102,124
Deferred Revenue$825,563$1,982,221▲ $1,156,658
Other Liabilities$773,278$0▼ $773,278
Mortgage Notes Payable Secured by Investment Property$575,000$575,000→ $0
Unsecured Notes Loans Payable$320,832$124,996▼ $195,836
Total Liabilities$20,434,838$22,804,716▲ $2,369,878
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,777,077$8,683,238▲ $1,906,161
Net Assets With Donor Restrictions$42,172$7,321▼ $34,851
Total Net Assets Fund Balance$6,819,249$8,690,559▲ $1,871,310
Total Liabilities and Net Assets / Fund Balance$27,254,087$31,495,275▲ $4,241,188

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,838,362-$7,838,362
Land$3,500,000-$3,500,000
Buildings$739,169$310,066$1,049,235
Equipment$120,400$460,955$581,355
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason WattsCo-founder & Executive DirectorFT$222,347$58,698$281,045
Andrew CroweChief Schools OfficerFT$197,750$44,211$241,961
Sarah Schoenfeld-nakamotoChief Operations OfficerFT$128,011$37,700$165,711
Taylor EllisChief Academic OfficerFT$127,834$34,975$162,809
Marisa QuintanarChief Growth OfficerFT$128,475$30,032$158,507
Valerie DouglassPrincipalFT$124,444$26,225$150,669
Senator Gloria RomeroCo-founder & Executive Director EmeritusFT$80,625$13,548$94,173

Board Members and Trustees

NameTitle
Dr Charles FriedrichsPresident
Leandro OteroVice President
Carrie BirchlerBoard Member
Crystal MadauleBoard Member
Jason WeatherallBoard Member
Taryn BurgessSecretary
John IngTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Top Notch Catering LLCFood ServicesPO BOX 1383, National City, CA 91951$192,482
Revenue and Support

Revenue Composition

Contributions and Grants
$21,917,714
Program Service Revenue
$0
Investment Income
$19,483
Other Revenue
$11,451
All Other Contributions
$29,980
Change in Net Assets
$1,871,310

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,948,648
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$21,948,648
Total Revenue per Form 990
$21,948,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,484,759
Other Expenses$7,592,579
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,824,441$2,285,624-$9,110,065
Occupancy$1,613,536$544,317-$2,157,853
Pension Plan Contributions$1,219,187$409,070-$1,628,257
Office Expenses$827,466$357,778-$1,185,244
Other Employee Benefits$844,220$255,141-$1,099,361
Fees for Services Other$599,256$332,129-$931,385
Other Expenses$574,105$36,531-$574,105
Fees for Services Management-$556,618-$556,618
Interest-$503,926-$503,926
Payroll Taxes$269,993$89,854-$359,847
Current Officers, Directors, Trustees, and Key Employees$229,783$57,446-$287,229
Depreciation Depletion$166,773$55,989-$222,762
Fees for Services Legal-$165,364-$165,364
Insurance$98,426$32,763-$131,189
Information Technology$95,416$31,747-$127,163
Travel-$55,817-$55,817
Fees for Services Accounting-$52,976-$52,976
Advertising-$39,633-$39,633
Total Functional Expenses$14,214,615$5,862,723$0$20,077,338

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,077,338
Total Expenses per Audited Statements$20,077,338
Total Expenses per Form 990$20,077,338
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia School Finance Authority2020-12-23$17,745,000Acquisition, construction, and furnishing of school facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$17,745,000--$353,948

Bond Financing Compliance

No rebate due
No
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 that have the authority to act on behalf of the board.”

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 12C

“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 B, Line 15

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action. The discussion and compensation decision is documented contemporaneously.”

Form 990, Part VI, Section C, Line 19

“We ensure our board is not engaged in any conflicts of interest through the board selection process and ongoing monitoring. This occurs through frequent communication with the board and careful analysis of contracts and vendors.”

Filing and Contact Details

Filer

Filer Name
Scholarship Prep
EIN
47-3943780
Phone
7147953498
Address
1010 W 17TH STREET, SANTA ANA, CA 92706

Signing Officer

Name
Jason Watts
Title
Executive Director
Phone
7147953498
Signed
2023-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Watts
Formed
2015
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
241
Volunteers
17

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

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 an exempt return and applicable unrelated business income tax return in the u.s. Federal jurisdiction and with the california franchise tax board.”

Raw XML AppendixShowing 400 of 650 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CO-FOUNDER & EXECUTIVE DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt8CO-FOUNDER & EXECUTIVE DIR. EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF SCHOOLS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF ACADEMIC OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF GROWTH OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt021887734
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt021948648
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt031747
IRS990/InformationTechnologyGrp/ProgramServicesAmt095416
IRS990/InformationTechnologyGrp/TotalAmt0127163
IRS990/InsuranceGrp/ManagementAndGeneralAmt032763
IRS990/InsuranceGrp/ProgramServicesAmt098426
IRS990/InsuranceGrp/TotalAmt0131189
IRS990/InterestGrp/ManagementAndGeneralAmt0503926
IRS990/InterestGrp/TotalAmt0503926
IRS990/InvestmentIncomeGrp/ExclusionAmt019483
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019483
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt05358929
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012197931
IRS990/LandBldgEquipCostOrOtherBssAmt012968952
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A UNIVERSITY-INSPIRED PATHWAY OF SUCCESS WHILE CLOSING THE ACHIEVEMENT GAP FOR ALL STUDENTS, INCLUDING FOSTER YOUTH AND THOSE UNDESERVED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0575000
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IRS990/NetAssetsOrFundBalancesEOYAmt08690559
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06777077
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08683238
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0544317
IRS990/OccupancyGrp/ProgramServicesAmt01613536
IRS990/OccupancyGrp/TotalAmt02157853
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0357778
IRS990/OfficeExpensesGrp/ProgramServicesAmt0827466
IRS990/OfficeExpensesGrp/TotalAmt01185244
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0255141
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0844220
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01099361
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036531
IRS990/OtherExpensesGrp/ProgramServicesAmt0852013
IRS990/OtherExpensesGrp/ProgramServicesAmt1574105
IRS990/OtherExpensesGrp/TotalAmt0888544
IRS990/OtherExpensesGrp/TotalAmt1574105
IRS990/OtherLiabilitiesGrp/BOYAmt0773278
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0OTHER FEES AND CONTRACTS
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011451
IRS990/OtherRevenueTotalAmt011451
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02285624
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06824441
IRS990/OtherSalariesAndWagesGrp/TotalAmt09110065
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt089854
IRS990/PayrollTaxesGrp/ProgramServicesAmt0269993
IRS990/PayrollTaxesGrp/TotalAmt0359847
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0409070
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01219187
IRS990/PensionPlanContributionsGrp/TotalAmt01628257
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0624275
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0982038
IRS990/PrincipalOfficerNm0JASON WATTS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt019203179
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt012628
IRS990/PYOtherExpensesAmt05108375
IRS990/PYOtherRevenueAmt078966
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt04676586
IRS990/PYSalariesCompEmpBnftPaidAmt09509812
IRS990/PYTotalExpensesAmt014618187
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019294773
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01871310
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013868738
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08856099
IRS990ScheduleA/SchoolInd0X
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/BookValueAmt0739169
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0310066
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01049235
IRS990ScheduleD/EquipmentGrp/BookValueAmt0120400
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0460955
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0581355
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt020077338
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03500000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07838362
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07838362
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt021948648
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 AN EXEMPT RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012197931
IRS990ScheduleD/TotalExpensesPerForm990Amt020077338
IRS990ScheduleD/TotalRevenuePerForm990Amt021948648
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021948648
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020077338
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE STATEMENT IS ON THE SCHOOL'S WEBSITE ON THE ENROLLMENT PAGE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL WHICH OPERATES TUITION-FREE. THEREFORE, SCHOLARSHIPS AND FINANCIAL ASSISTANCE ARE NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FEDERAL AND STATE FUNDING PASSED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0222347
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1197750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2128011
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3127834

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Filings

Displayed year

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

Open filing
Assets
$31,495,275
Liabilities
$22,804,716
Net assets
$8,690,559
Revenue
$21,948,648
Expenses
$20,077,338
Net income
$1,871,310
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$62.7$50.6$12.1$36.1$34.5$1.68
2023Detailed filing. Detailed filing data is available for this year.$63.1$52.6$10.5$31.4$29.7$1.77
2022Detailed filing. Detailed filing data is available for this year.$31.5$22.8$8.69$21.9$20.1$1.87
2021Detailed filing. Detailed filing data is available for this year.$27.3$20.4$6.82$19.3$14.6$4.68
2020Detailed filing. Detailed filing data is available for this year.$5.21$3.07$2.14$15.0$15.4$0.46
2019Detailed filing. Detailed filing data is available for this year.$3.49$0.89$2.60$9.26$8.59$0.67
2018Detailed filing. Detailed filing data is available for this year.$2.70$0.76$1.93$7.49$6.41$1.08
2017Detailed filing. Detailed filing data is available for this year.$1.44$0.59$0.85$4.26$3.44$0.82