Civic Intelligence

Sac Arts Education

990 • Fiscal year 2023 • EIN 47-4099047

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 21, 2024

PO Box 1458Citrus Heights, CA 95611

(530) 400-7619

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

39th percentile

-1.4%

Higher net margin than 39% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

37th percentile

-5.9%

Faster asset growth than 37% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

42nd percentile

-2.0%

Faster revenue growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$67,972

Down $4,269 (-5.9%) from 2022

Net Assets

Down

$67,972

Down $4,269 (-5.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$314,265

Down $6,329 (-2.0%) from 2022

Expenses

Up

$318,534

Up $6,433 (+2.1%) from 2022

Net Income

Down

-$4,269

Down $12,762 (-150%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $11,495Liabilities 2016: $02016Assets 2017: $22,480Liabilities 2017: $02017Assets 2018: $26,066Liabilities 2018: $02018Assets 2019: $36,996Liabilities 2019: $02019Assets 2020: $41,251Liabilities 2020: $02020Assets 2021: $62,749Liabilities 2021: $0Net Assets 2021: $62,7492021Assets 2022: $72,241Liabilities 2022: $0Net Assets 2022: $72,2412022Assets 2023: $67,972Liabilities 2023: $0Net Assets 2023: $67,9722023Assets 2024: $58,318Liabilities 2024: $0Net Assets 2024: $58,3182024

Highlighted filing

2023

Assets$67,972
Liabilities$0
Net Assets$67,972

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $95,275Expenses 2016: $93,730Net Income 2016: $1,5452016Revenue 2017: $142,879Expenses 2017: $130,543Net Income 2017: $12,3362017Revenue 2018: $175,671Expenses 2018: $172,086Net Income 2018: $3,5852018Revenue 2019: $191,658Expenses 2019: $180,728Net Income 2019: $10,9302019Revenue 2020: $227,837Expenses 2020: $218,011Net Income 2020: $9,8262020Revenue 2021: $278,570Expenses 2021: $257,072Net Income 2021: $21,4982021Revenue 2022: $320,594Expenses 2022: $312,101Net Income 2022: $8,4932022Revenue 2023: $314,265Expenses 2023: $318,534Net Income 2023: -$4,2692023Revenue 2024: $341,094Expenses 2024: $350,749Net Income 2024: -$9,6552024

Highlighted filing

2023

Revenue$314,265
Expenses$318,534
Net Income-$4,269
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 21, 2024
Return Version
2023v5.0
Gross Receipts
$314,265
Mission and Program Overview

Mission

To provide a unique and individualized educational experience for students in 6th-12th grade. In small multi-grade classes of no more than ten and in a school of no more than 35, students at CI Academy are encouraged to move at their own pace and use a variety of methods and modalities to learn. Each student has a major where they can specialize in an area of interest in the arts or sciences in addition to their academics. Students are prepared in life skills, communication skills, emotional awareness, and more in order to ensure they will be successful academically, emotionally, and socially.

To provide a unique and individualized educational experience for students in 6th-12th grade. In small multi-grade classes of no more than ten and in a school of no more than 35,continued on Schedule O, statement 3

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$72,241$67,972▼ $4,269
Total Assets$72,241$67,972▼ $4,269
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$72,241$67,972▼ $4,269
Total Net Assets Fund Balance$72,241$67,972▼ $4,269
Total Liabilities and Net Assets / Fund Balance$72,241$67,972▼ $4,269
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anne KahrenBoard of Directors2 meetings per year
Chris SmithBoard of Directors2 meetings per year
Erika KegelBoard of Directors2 meetings per year
Nellie DuncanBoard of Directors2 meetings per year
Sarah Barbulesco-LambChief Executive Officer
Casey HutchinsChief Financial officer 2 meeting per year
Jennifer HermanSecretary 2 meeting per year
Revenue and Support

Revenue Composition

Contributions and Grants
$3,991
Program Service Revenue
$310,274
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-4,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$239,507
Other Expenses$79,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,199--$133,199
Payroll Taxes$49,036--$49,036
Current Officers, Directors, Trustees, and Key Employees$45,106--$45,106
Occupancy$42,862--$42,862
Advertising$12,868--$12,868
Pension Plan Contributions$12,166--$12,166
All Other Expenses$5,873--$5,873
Insurance$4,303--$4,303
Other Expenses$607--$607
Office Expenses$525--$525
Total Functional Expenses$318,534$0$0$318,534
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
Filing and Contact Details

Filer

Filer Name
Sac Arts Education
EIN
47-4099047
In Care Of
% Sarah C Barbulesco-Lamb
Phone
5304007619
Address
PO Box 1458, Citrus Heights, CA 95611
Doing Business As
Capital Innovations Academy

Signing Officer

Name
Sarah C Barbulesco-Lamb
Title
CEO
Phone
5304007619
Signed
2024-04-21
Discuss with paid preparer
No

Organization Details

Principal Officer
Sarah C Barbulesco-Lamb
Formed
2015
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
21
Volunteers
20
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 45,106, Grants and allocations 0, Revenue 0 Compensation of current officers, directors, etc. Guarantees we have the administration to support our programs.

Form 990, Part III, Line 4D

Program Service Expenses 12,166, Grants and allocations 0, Revenue 0 401k programs Allow our teachers to be more invested in the long term. Long term instructors build relationships with students and are more likely to help them succeed.

Form 990, Part III, Line 4D

Program Service Expenses 49,036, Grants and allocations 0, Revenue 0 Payroll Taxes A necessary part of employing our amazing staff and teachers.

Form 990, Part III, Line 4D

Program Service Expenses 12,868, Grants and allocations 0, Revenue 0 Advertising and recruitment Advertizing makes sure that students who would benefit from our programs are aware of how they can gain access to our program.

Form 990, Part III, Line 4D

Program Service Expenses 4,303, Grants and allocations 0, Revenue 0 Insurance Allows for a safe and protected working and learning environment

Form 990, Part III, Line 4D

Program Service Expenses 525, Grants and allocations 0, Revenue 0 Office Expenses Allows our office to function and serve the needs of the school.

Form 990, Part III, Line 4D

Program Service Expenses 613, Grants and allocations 0, Revenue 0 Printing and Postage Allows us to print materials for teaching, forms, and advertising. Allows us to mail necessary items.

Form 990, Part III, Line 4D

Program Service Expenses 1,190, Grants and allocations 0, Revenue 0 WASC Accrediting membership fee Annual fee to be accredited.

Form 990, Part III, Line 4D

Program Service Expenses 607, Grants and allocations 0, Revenue 0 Bathroom, Kitchen, Cleaning Supplies

Form 990, Part III, Line 4D

Program Service Expenses 5,873, Grants and allocations 0, Revenue 0 Corporation, Bank, Payroll Fees Necessary part of running a business

Form 990, Part I, Line 1

students at CI Academy are encouraged to move at their own pace and use a variety of methods and modalities to learn. Each student has a major where they can specialize in an area of interest in the arts or sciences in addition to their academics. Students are prepared in life skills, communication skills, and social-emotional development.

Form 990, Part III, Line 1

students at CI Academy are encouraged to move at their own pace and use a variety of methods and modalities to learn. Each student has a major where they can specialize in an area of interest in the arts or sciences in addition to their academics. Students are prepared in life skills, communication skills, and social-emotional development.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 45,106, Grants and allocations 0, Revenue 0 Compensation of current officers, directors, etc. Guarantees we have the administration to support our programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program Service Expenses 12,166, Grants and allocations 0, Revenue 0 401k programs Allow our teachers to be more invested in the long term. Long term instructors build relationships with students and are more likely to help them succeed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Service Expenses 49,036, Grants and allocations 0, Revenue 0 Payroll Taxes A necessary part of employing our amazing staff and teachers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Service Expenses 12,868, Grants and allocations 0, Revenue 0 Advertising and recruitment Advertizing makes sure that students who would benefit from our programs are aware of how they can gain access to our program.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Program Service Expenses 4,303, Grants and allocations 0, Revenue 0 Insurance Allows for a safe and protected working and learning environment
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program Service Expenses 525, Grants and allocations 0, Revenue 0 Office Expenses Allows our office to function and serve the needs of the school.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Program Service Expenses 613, Grants and allocations 0, Revenue 0 Printing and Postage Allows us to print materials for teaching, forms, and advertising. Allows us to mail necessary items.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Program Service Expenses 1,190, Grants and allocations 0, Revenue 0 WASC Accrediting membership fee Annual fee to be accredited.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Program Service Expenses 607, Grants and allocations 0, Revenue 0 Bathroom, Kitchen, Cleaning Supplies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Program Service Expenses 5,873, Grants and allocations 0, Revenue 0 Corporation, Bank, Payroll Fees Necessary part of running a business
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10students at CI Academy are encouraged to move at their own pace and use a variety of methods and modalities to learn. Each student has a major where they can specialize in an area of interest in the arts or sciences in addition to their academics. Students are prepared in life skills, communication skills, and social-emotional development.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11students at CI Academy are encouraged to move at their own pace and use a variety of methods and modalities to learn. Each student has a major where they can specialize in an area of interest in the arts or sciences in addition to their academics. Students are prepared in life skills, communication skills, and social-emotional development.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part III, Line 1
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt072241
IRS990/TotalAssetsEOYAmt067972
IRS990/TotalAssetsGrp/BOYAmt072241
IRS990/TotalAssetsGrp/EOYAmt067972
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03991
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0318534
IRS990/TotalFunctionalExpensesGrp/TotalAmt0318534
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt072241
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt067972
IRS990/TotalOtherProgSrvcExpenseAmt0132287
IRS990/TotalProgramServiceExpensesAmt0318534
IRS990/TotalProgramServiceRevenueAmt0310274
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0310274
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0314265
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt072241
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt067972
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07412 Mariposa Ave
IRS990/USAddress/CityNm0Citrus Heights
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095610
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.ourciacademy.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarah C Barbulesco-Lamb
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05304007619
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sac Arts Education
ReturnHeader/Filer/BusinessNameControlTxt0SACA
ReturnHeader/Filer/EIN0474099047
ReturnHeader/Filer/InCareOfNm0% Sarah C Barbulesco-Lamb
ReturnHeader/Filer/PhoneNum05304007619
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1458
ReturnHeader/Filer/USAddress/CityNm0Citrus Heights
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095611
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02024-04-21T05:36:26-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Sarah
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Barbulesco-Lamb
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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