Civic Intelligence

Scholarship Prep

990 • Fiscal year 2023 • EIN 47-3943780

Jul 01, 2022 to Jun 30, 2023 • Filed on May 02, 2024

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

87th percentile

0.83x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

1.67x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

58th percentile

5.6%

Higher net margin than 58% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$308,112

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

97th percentile

100%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

43%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$63,059,972

Up $31,564,697 (+100%) from 2022

Net Assets

Up

$10,463,128

Up $1,772,569 (+20%) from 2022

Liabilities

Up

$52,596,844

Up $29,792,128 (+131%) from 2022

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin58th percentile

Revenue

Up

$31,429,654

Up $9,481,006 (+43%) from 2022

Expenses

Up

$29,657,085

Up $9,579,747 (+48%) from 2022

Net Income

Down

$1,772,569

Down $98,741 (-5.3%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th 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

2023

Assets$63,059,972
Liabilities$52,596,844
Net Assets$10,463,128
Open 2023 Filing

Operations Trend

Revenue Growth89th 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

2023

Revenue$31,429,654
Expenses$29,657,085
Net Income$1,772,569
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 2, 2024
Return Version
2022v5.0
Gross Receipts
$31,429,654
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$12,197,931$14,831,237▲ $2,633,306
Cash and Non-Interest-Bearing Accounts$6,956,585$10,432,342▲ $3,475,757
Savings and Temporary Cash Investments$8,856,099$8,013,683▼ $842,416
Accounts Receivable$2,502,622$3,162,691▲ $660,069
Prepaid Expenses and Deferred Charges$982,038$787,000▼ $195,038
Total Assets$31,495,275$63,059,972▲ $31,564,697
Other Assets Total$0$25,833,019▲ $25,833,019
Liabilities
Other Liabilities$0$27,244,567▲ $27,244,567
Tax Exempt Bond Liabilities$17,048,116$17,128,326▲ $80,210
Deferred Revenue$1,982,221$5,726,122▲ $3,743,901
Accounts Payable and Accrued Expenses$3,074,383$1,860,335▼ $1,214,048
Mortgage Notes Payable Secured by Investment Property$575,000$575,000→ $0
Unsecured Notes Loans Payable$124,996$62,494▼ $62,502
Total Liabilities$22,804,716$52,596,844▲ $29,792,128
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,683,238$10,427,204▲ $1,743,966
Net Assets With Donor Restrictions$7,321$35,924▲ $28,603
Total Net Assets Fund Balance$8,690,559$10,463,128▲ $1,772,569
Total Liabilities and Net Assets / Fund Balance$31,495,275$63,059,972▲ $31,564,697

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,730,081$625,238$11,355,319
Land$3,500,000-$3,500,000
Equipment$93,926$537,142$631,068
Other Land Buildings$502,300-$502,300
Leasehold Improvements$4,930$870$5,800
Other Assets Org$25,833,019--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason WattsCo-founder & Executive DirectorFT$246,375$61,737$308,112
Andrew CroweChief School OfficerFT$205,537$55,885$261,422
Sarah Schoenfeld-nakamotoChief Operations OfficerFT$144,637$38,248$182,885
Marisa QuintanarChief Growth OfficerFT$139,562$39,844$179,406
Taylor EllisChief Academic OfficerFT$137,025$36,794$173,819
Kristen D CroweChief Community OfficerFT$126,875$29,840$156,715

Board Members and Trustees

NameTitle
Dr Charles FriedrichsPresident
Peter WatsonBoard Member
Maribel ToanSecretary
John IngTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Top Notch Catering LLCCateringPO BOX 1383, National City, CA 91951$248,237
Jacob Ismael AguilaMaintenance4122 HORNBROOK AVE, Baldwin Park, CA 91706$126,333
HometurfFacility Improvements1830 N MARSHALL AVENUE, El Cajon, CA 92020$104,173
Revenue and Support

Revenue Composition

Contributions and Grants
$29,297,714
Program Service Revenue
$0
Investment Income
$198,807
Other Revenue
$1,933,133
All Other Contributions
$23,119
Change in Net Assets
$1,772,569

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,429,654
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$31,429,654
Total Revenue per Form 990
$31,429,654
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,889,403
Other Expenses$12,767,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,944,118$2,137,929-$12,082,047
Occupancy$1,978,343$1,859,586-$3,837,929
Pension Plan Contributions$2,000,290$429,840-$2,430,130
Fees for Services Other$1,732,390$356,682-$2,089,072
Other Employee Benefits$1,334,340$239,017-$1,573,357
Office Expenses$779,608$728,470-$1,508,078
Other Expenses$974,019$53,281-$974,019
Interest-$871,731-$871,731
Fees for Services Management-$801,221-$801,221
Payroll Taxes$411,372$88,840-$500,212
Depreciation Depletion$202,245$189,987-$392,232
Insurance$299,334$64,178-$363,512
Current Officers, Directors, Trustees, and Key Employees$242,926$60,731-$303,657
Information Technology$144,006$30,855-$174,861
Travel-$80,030-$80,030
Fees for Services Legal-$63,065-$63,065
Fees for Services Accounting-$53,268-$53,268
Advertising-$31,907-$31,907
Total Functional Expenses$21,516,467$8,140,618$0$29,657,085

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$29,657,085
Total Expenses per Audited Statements$29,657,085
Total Expenses per Form 990$29,657,085
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
Operating Lease Liability$27,244,567

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. The process described here was last completed in 2023.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

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
2024-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Watts
Formed
2015
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
313
Volunteers
6

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Marlen Gomez
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 639 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/TitleTxt5CHIEF SCHOOL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF COMMUNITY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF ACADEMIC OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF GROWTH OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF OPERATIONS OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt029274595
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt031429654
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt0198807
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt0198807
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt026
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt030855
IRS990/InformationTechnologyGrp/ProgramServicesAmt0144006
IRS990/InformationTechnologyGrp/TotalAmt0174861
IRS990/InsuranceGrp/ManagementAndGeneralAmt064178
IRS990/InsuranceGrp/ProgramServicesAmt0299334
IRS990/InsuranceGrp/TotalAmt0363512
IRS990/InterestGrp/ManagementAndGeneralAmt0871731
IRS990/InterestGrp/TotalAmt0871731
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt045
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01163250
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012197931
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014831237
IRS990/LandBldgEquipCostOrOtherBssAmt015994487
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
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0575000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0575000
IRS990/NetAssetsOrFundBalancesBOYAmt08690559
IRS990/NetAssetsOrFundBalancesEOYAmt010463128
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08683238
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010427204
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01859586
IRS990/OccupancyGrp/ProgramServicesAmt01978343
IRS990/OccupancyGrp/TotalAmt03837929
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0728470
IRS990/OfficeExpensesGrp/ProgramServicesAmt0779608
IRS990/OfficeExpensesGrp/TotalAmt01508078
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt025833019
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0239017
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01334340
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01573357
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt053281
IRS990/OtherExpensesGrp/ProgramServicesAmt01473476
IRS990/OtherExpensesGrp/ProgramServicesAmt1974019
IRS990/OtherExpensesGrp/TotalAmt01526757
IRS990/OtherExpensesGrp/TotalAmt1974019
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt027244567
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0EMPLOYEE RETENTION CREDIT
IRS990/OtherRevenueMiscGrp/ExclusionAmt01933133
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01933133
IRS990/OtherRevenueTotalAmt01933133
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02137929
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09944118
IRS990/OtherSalariesAndWagesGrp/TotalAmt012082047
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt088840
IRS990/PayrollTaxesGrp/ProgramServicesAmt0411372
IRS990/PayrollTaxesGrp/TotalAmt0500212
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0429840
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02000290
IRS990/PensionPlanContributionsGrp/TotalAmt02430130
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0982038
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0787000
IRS990/PrincipalOfficerNm0JASON WATTS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt021917714
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019483
IRS990/PYOtherExpensesAmt07592579
IRS990/PYOtherRevenueAmt011451
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01871310
IRS990/PYSalariesCompEmpBnftPaidAmt012484759
IRS990/PYTotalExpensesAmt020077338
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt021948648
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01772569
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08856099
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08013683
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt010730081
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0625238
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011355319
IRS990ScheduleD/EquipmentGrp/BookValueAmt093926
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0537142
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0631068
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt029657085
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03500000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04930
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0870
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025833019
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0502300
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0502300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027244567
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt031429654
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/TotalBookValueLandBuildingsAmt014831237
IRS990ScheduleD/TotalBookValueOtherAssetsAmt025833019
IRS990ScheduleD/TotalExpensesPerForm990Amt029657085
IRS990ScheduleD/TotalLiabilityAmt027244567
IRS990ScheduleD/TotalRevenuePerForm990Amt031429654
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt031429654
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt029657085
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/BaseCompensationFilingOrgAmt0246375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1205537
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2144637
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3139562
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4137025
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5126875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,059,972
Liabilities
$52,596,844
Net assets
$10,463,128
Revenue
$31,429,654
Expenses
$29,657,085
Net income
$1,772,569
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