Civic Intelligence

Ilead California Charters 1

990 • Fiscal year 2017 • EIN 47-4286845

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

Organization ProfileWWW.ILEADSCHOOLS.ORG
3720 Sierra Way Ste AActon, CA 93510

(800) 925-1502

Siviq Scores

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

Liabilities / Assets

81st percentile

0.67x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.14x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

44th percentile

1.5%

Higher net margin than 44% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

42nd percentile

$152,653

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

87th percentile

25%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

80th percentile

26%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$4,809,073

Up $950,403 (+25%) from 2016

Net Assets

Up

$1,579,382

Up $356,571 (+29%) from 2016

Liabilities

Up

$3,229,691

Up $593,832 (+23%) from 2016

Revenue And Expenses
Liabilities / Revenue37th percentileNet Margin44th percentile

Revenue

Up

$23,039,025

Up $4,734,417 (+26%) from 2016

Expenses

Up

$22,682,454

Up $5,600,657 (+33%) from 2016

Net Income

Down

$356,571

Down $866,240 (-71%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$40M$30M$20M$10M$0Assets 2016: $3,858,670Liabilities 2016: $2,635,859Net Assets 2016: $1,222,8112016Assets 2017: $4,809,073Liabilities 2017: $3,229,691Net Assets 2017: $1,579,3822017Assets 2018: $4,487,049Liabilities 2018: $2,814,032Net Assets 2018: $1,673,0172018Assets 2019: $5,253,367Liabilities 2019: $3,541,738Net Assets 2019: $1,711,6292019Assets 2020: $5,751,028Liabilities 2020: $3,992,479Net Assets 2020: $1,758,5492020Assets 2021: $20,389,401Liabilities 2021: $14,935,385Net Assets 2021: $5,454,0162021Assets 2022: $14,186,440Liabilities 2022: $4,199,034Net Assets 2022: $9,987,4062022Assets 2023: $26,143,095Liabilities 2023: $11,320,234Net Assets 2023: $14,822,8612023Assets 2024: $31,626,863Liabilities 2024: $10,879,686Net Assets 2024: $20,747,1772024

Highlighted filing

2017

Assets$4,809,073
Liabilities$3,229,691
Net Assets$1,579,382
Open 2017 Filing

Operations Trend

Revenue Growth80th percentile

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

$60M$40M$20M$0Revenue 2016: $18,304,608Expenses 2016: $17,081,797Net Income 2016: $1,222,8112016Revenue 2017: $23,039,025Expenses 2017: $22,682,454Net Income 2017: $356,5712017Revenue 2018: $27,572,764Expenses 2018: $27,479,129Net Income 2018: $93,6352018Revenue 2019: $29,076,123Expenses 2019: $29,037,511Net Income 2019: $38,6122019Revenue 2020: $34,822,313Expenses 2020: $34,775,393Net Income 2020: $46,9202020Revenue 2021: $46,593,851Expenses 2021: $42,898,384Net Income 2021: $3,695,4672021Revenue 2022: $49,636,662Expenses 2022: $45,314,293Net Income 2022: $4,322,3692022Revenue 2023: $50,503,478Expenses 2023: $45,668,023Net Income 2023: $4,835,4552023Revenue 2024: $56,827,677Expenses 2024: $50,903,361Net Income 2024: $5,924,3162024

Highlighted filing

2017

Revenue$23,039,025
Expenses$22,682,454
Net Income$356,571
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$23,039,025
Mission and Program Overview

Mission

The school is a not-for-profit benefit corporation under the laws of the state of california for the purpose of managing and operating public charter schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$3,247,069$3,774,262▲ $527,193
Accounts Receivable$223,567$722,737▲ $499,170
Savings and Temporary Cash Investments$286,711$170,525▼ $116,186
Prepaid Expenses and Deferred Charges$101,323$141,549▲ $40,226
Total Assets$3,858,670$4,809,073▲ $950,403
Liabilities
Other Liabilities$1,062,337$1,879,600▲ $817,263
Accounts Payable and Accrued Expenses$1,573,522$1,350,091▼ $223,431
Total Liabilities$2,635,859$3,229,691▲ $593,832
Net Assets / Fund Balance
Unrestricted Net Assets$1,222,811$1,579,382▲ $356,571
Total Net Assets Fund Balance$1,222,811$1,579,382▲ $356,571
Total Liabilities and Net Assets / Fund Balance$3,858,670$4,809,073▲ $950,403
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dawn EvensonSchool RepFT$132,226$20,427$152,653
Elizabeth DefrancisSchool RepFT$40,648$3,252$43,900

Board Members and Trustees

NameTitle
Dr Patrick HillMember
Mark ChandlerMember
Wendy RuizSecretary
John VescovoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Academy Of Art & SciencesRental850 HAMPSHIRE ROAD SUITE C, Thousand Oaks, CA 91361$401,000
Boys And Girls Club Of San FernandoRental11251 GLENOAKS BLVD, Pacoima, CA 91331$244,750
Revenue and Support

Revenue Composition

Contributions and Grants
$22,996,139
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$42,886
All Other Contributions
$515
Change in Net Assets
$356,571

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,039,025
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$23,039,025
Total Revenue per Form 990
$23,039,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,219,670
Other Expenses$10,462,784
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,863,710$785,111-$9,648,821
Other Expenses$3,112,602--$3,112,602
Fees for Services Management-$3,091,859-$3,091,859
Fees for Services Other$612,306$966,243-$1,578,549
Occupancy$1,485,347--$1,485,347
Other Employee Benefits$1,161,257$106,858-$1,268,115
Pension Plan Contributions$774,004--$774,004
Information Technology$577,290--$577,290
Payroll Taxes$300,247$52,435-$352,682
All Other Expenses$285,496--$285,496
Current Officers, Directors, Trustees, and Key Employees$176,048--$176,048
Fees for Services Legal-$89,089-$89,089
Advertising-$74,513-$74,513
Insurance-$73,689-$73,689
Office Expenses$25,433$31,476-$56,909
Travel$36,064--$36,064
Fees for Services Accounting-$1,309-$1,309
Interest-$68-$68
Total Functional Expenses$17,409,804$5,272,650$0$22,682,454

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,682,454
Total Expenses per Audited Statements$22,682,454
Total Expenses per Form 990$22,682,454
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
Factored Receivable Liability$1,879,600
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 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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The charter school is a member of a charter management organization - isd. They pay management fees and share some paid employees. See schedule r for more information.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 is presented to the board for comments and/or approval prior to filing the form.”

Form 990, Part VI, Section B, Line 12C

“The officers, directors, and trustees all sign the conflict of interest policy on an annual basis.”

Form 990, Part VI, Section C, Line 19

“The documents are readily available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ilead California Charters 1
EIN
47-4286845
Phone
8009251502
Address
3720 SIERRA WAY STE A, ACTON, CA 93510

Signing Officer

Name
John Vescovo
Title
Treasurer
Phone
8009251502
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Vescovo
Formed
2015
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
305
Volunteers
4

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not been changed from 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 informational returns in the u.s. Federal jurisdiction, and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.”

Raw XML AppendixShowing 400 of 457 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.

Path#Value
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IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt022682454
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01879600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FACTORED RECEIVABLE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt023039025
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 INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt022682454
IRS990ScheduleD/TotalLiabilityAmt01879600
IRS990ScheduleD/TotalRevenuePerForm990Amt023039025
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023039025
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt022682454
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE CHARTER MAKES ITS NONDISCRIMINATORY POLICY KNOWN THROUGH ITS WEBSITE AND ON THE STUDENTS' APLLICATIONS. THE CHARTER DRAWS ITS STUDENTS FROM THE LOCAL COMMUNITY, AND CURRENTLY ENROLLS STUDENTS FROM VARIOUS RACIAL MINORITY GROUPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE 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/BaseCompensationFilingOrgAmt0132226
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt014307
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06120
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAWN EVENSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SCHOOL REP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0152653
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0HUMAN RESOURCES PERFORMS MARKET RESEARCH BASED ON INDUSTRY AND SIZE WHEN DETERMINING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE COMPENSATION AMOUNTS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL IS A MEMBER OF A CHARTER MANAGEMENT ORGANIZATION - ISD. THEY PAY MANAGEMENT FEES AND SHARE SOME PAID EMPLOYEES. SEE SCHEDULE R FOR MORE INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ILEAD SCHOOLS DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0462125742
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03720 SIERRA HWY 7 UNIT A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ACTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd093510
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt03091859
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV CONTRACT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ILEAD SCHOOLS DEVELOPMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03858670
IRS990/TotalAssetsEOYAmt04809073
IRS990/TotalAssetsGrp/BOYAmt03858670
IRS990/TotalAssetsGrp/EOYAmt04809073
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt022996139
IRS990/TotalEmployeeCnt0305
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05272650
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017409804
IRS990/TotalFunctionalExpensesGrp/TotalAmt022682454
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02635859
IRS990/TotalLiabilitiesEOYAmt03229691
IRS990/TotalLiabilitiesGrp/BOYAmt02635859
IRS990/TotalLiabilitiesGrp/EOYAmt03229691
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01222811
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01579382
IRS990/TotalOtherCompensationAmt023679
IRS990/TotalProgramServiceExpensesAmt017409804
IRS990/TotalReportableCompFromOrgAmt0172874
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042886

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,809,073
Liabilities
$3,229,691
Net assets
$1,579,382
Revenue
$23,039,025
Expenses
$22,682,454
Net income
$356,571
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$31.6$10.9$20.7$56.8$50.9$5.92
2023Detailed filing. Detailed filing data is available for this year.$26.1$11.3$14.8$50.5$45.7$4.84
2022Detailed filing. Detailed filing data is available for this year.$14.2$4.20$9.99$49.6$45.3$4.32
2021Detailed filing. Detailed filing data is available for this year.$20.4$14.9$5.45$46.6$42.9$3.70
2020Detailed filing. Detailed filing data is available for this year.$5.75$3.99$1.76$34.8$34.8$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.25$3.54$1.71$29.1$29.0$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.49$2.81$1.67$27.6$27.5$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.81$3.23$1.58$23.0$22.7$0.36
2016Detailed filing. Detailed filing data is available for this year.$3.86$2.64$1.22$18.3$17.1$1.22