Civic Intelligence

Ilead California Charters 1

990 • Fiscal year 2018 • EIN 47-4286845

Jul 01, 2017 to Jun 30, 2018 • Filed on May 21, 2019

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

79th percentile

0.63x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

23rd percentile

0.10x

Higher debt load relative to revenue than 23% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

35th percentile

0.3%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

24th percentile

$161,387

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

13th percentile

-6.7%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$4,487,049

Down $322,024 (-6.7%) from 2017

Net Assets

Up

$1,673,017

Up $93,635 (+5.9%) from 2017

Liabilities

Down

$2,814,032

Down $415,659 (-13%) from 2017

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin35th percentile

Revenue

Up

$27,572,764

Up $4,533,739 (+20%) from 2017

Expenses

Up

$27,479,129

Up $4,796,675 (+21%) from 2017

Net Income

Down

$93,635

Down $262,936 (-74%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2018

Assets$4,487,049
Liabilities$2,814,032
Net Assets$1,673,017
Open 2018 Filing

Operations Trend

Revenue Growth77th 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

2018

Revenue$27,572,764
Expenses$27,479,129
Net Income$93,635
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 21, 2019
Return Version
2017v2.3
Gross Receipts
$27,572,764
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$3,774,262$4,353,808▲ $579,546
Accounts Receivable$722,737--
Savings and Temporary Cash Investments$170,525--
Prepaid Expenses and Deferred Charges$141,549$69,239▼ $72,310
Land, Buildings, and Equipment, Net$0$59,888▲ $59,888
Cash and Non-Interest-Bearing Accounts-$4,114-
Total Assets$4,809,073$4,487,049▼ $322,024
Liabilities
Other Liabilities$1,879,600$1,750,000▼ $129,600
Accounts Payable and Accrued Expenses$1,350,091$876,528▼ $473,563
Unsecured Notes Loans Payable-$187,504-
Total Liabilities$3,229,691$2,814,032▼ $415,659
Net Assets / Fund Balance
Unrestricted Net Assets$1,579,382$1,673,017▲ $93,635
Total Net Assets Fund Balance$1,579,382$1,673,017▲ $93,635
Total Liabilities and Net Assets / Fund Balance$4,809,073$4,487,049▼ $322,024

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$59,888-$59,888
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dawn EvesonCEO / Executive Director of EducationPT$135,009$26,378$161,387
Dawn EvesonCEO / Executive Director of Educatio-$135,009$26,378$161,387
Patricia Luckeroth LockhartDirector of ExplorationFT$134,535$18,085$152,620
Heather FerencDirector of ExplorationFT$113,965$15,209$129,174
Lara DurrellDirector of ExplorationFT$109,677$13,425$123,102
Kimberlee ShawDirector of Student SupportFT$107,500$14,247$121,747
Jasna NastovskaDirector of Humanities and InnovationFT$101,541$13,505$115,046
Anne CochranSchool DirectorFT$100,386-$100,386

Board Members and Trustees

NameTitle
John VescovoPresident
Dr Patrick HillMember
Sharon Lord GreenspanMember
Cheri BradfordSecretary
Kenchy RagsdaleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,558,121
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$14,643
All Other Contributions
$237
Change in Net Assets
$93,635

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,572,764
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$27,572,764
Total Revenue per Form 990
$27,572,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,182,528
Other Expenses$12,296,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,610,216$2,377,745-$11,987,961
Other Expenses$4,611,246$10,977-$4,622,223
Fees for Services Management-$3,060,933-$3,060,933
Fees for Services Other$333,220$1,267,605-$1,600,825
Occupancy$1,509,367$79,862-$1,589,229
Other Employee Benefits$1,142,716$264,524-$1,407,240
Pension Plan Contributions$1,034,649--$1,034,649
Information Technology$500,253$112,434-$612,687
Payroll Taxes$309,543$146,961-$456,504
Current Officers, Directors, Trustees, and Key Employees$296,174--$296,174
All Other Expenses$196,701$97,050-$293,751
Fees for Services Legal-$235,948-$235,948
Insurance-$103,188-$103,188
Interest-$46,706-$46,706
Advertising-$44,527-$44,527
Office Expenses-$40,149-$40,149
Travel$8,957$29,179-$38,136
Fees for Services Accounting-$8,299-$8,299
Total Functional Expenses$19,553,042$7,926,087$0$27,479,129

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$27,479,129
Total Expenses per Audited Statements$27,479,129
Total Expenses per Form 990$27,479,129
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$1,750,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
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 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

“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 B, Line 15A

“Currently the compensation of the organization's key officers are reviewed and approved by the board. The board reviews and approves the compensation based upon comparable salaries and is approved in the minutes. Human 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.”

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
2019-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Vescovo
Formed
2015
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
370
Volunteers
5

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 procedure 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 588 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01350091
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0876528
IRS990/AccountsReceivableGrp/BOYAmt0722737
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt044527
IRS990/AdvertisingGrp/TotalAmt044527
IRS990/AllOtherContributionsAmt0237
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt097050
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0196701
IRS990/AllOtherExpensesGrp/TotalAmt0293751
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PAT LONCARIC
IRS990/BooksInCareOfDetail/PhoneNum06617224287
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03720 SIERRA HIGHWAY SUITE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0ACTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093510
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt04114
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0296174
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0296174
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt027558121
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt012296601
IRS990/CYOtherRevenueAmt014643
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt093635
IRS990/CYSalariesCompEmpBnftPaidAmt015182528
IRS990/CYTotalExpensesAmt027479129
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt027572764
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0OPERATE A CALIFORNIA CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0370
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt019553042
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08299
IRS990/FeesForServicesAccountingGrp/TotalAmt08299
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0235948
IRS990/FeesForServicesLegalGrp/TotalAmt0235948
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt03060933
IRS990/FeesForServicesManagementGrp/TotalAmt03060933
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01267605
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0333220
IRS990/FeesForServicesOtherGrp/TotalAmt01600825
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt030.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt610.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt626378
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt713425
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt815209
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt918085
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1013505
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1114247
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN VESCOVO
IRS990/Form990PartVIISectionAGrp/PersonNm1CHERI BRADFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2KENCHY RAGSDALE
IRS990/Form990PartVIISectionAGrp/PersonNm3SHARON LORD GREENSPAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DR PATRICK HILL
IRS990/Form990PartVIISectionAGrp/PersonNm5ANNE COCHRAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DAWN EVESON
IRS990/Form990PartVIISectionAGrp/PersonNm7LARA DURRELL
IRS990/Form990PartVIISectionAGrp/PersonNm8HEATHER FERENC
IRS990/Form990PartVIISectionAGrp/PersonNm9PATRICIA LUCKEROTH LOCKHART
IRS990/Form990PartVIISectionAGrp/PersonNm10JASNA NASTOVSKA
IRS990/Form990PartVIISectionAGrp/PersonNm11KIMBERLEE SHAW
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5100386
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6135009
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7109677
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8113965
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9134535
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10101541
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11107500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO / EXECUTIVE DIRECTOR OF EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF EXPLORATION
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF EXPLORATION
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF EXPLORATION
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR OF HUMANITIES AND INNOVATION
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF STUDENT SUPPORT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt027557884
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt027572764
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0112434
IRS990/InformationTechnologyGrp/ProgramServicesAmt0500253
IRS990/InformationTechnologyGrp/TotalAmt0612687
IRS990/InsuranceGrp/ManagementAndGeneralAmt0103188
IRS990/InsuranceGrp/TotalAmt0103188
IRS990/InterestGrp/ManagementAndGeneralAmt046706
IRS990/InterestGrp/TotalAmt046706
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0462
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt059888
IRS990/LandBldgEquipCostOrOtherBssAmt059888
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01579382
IRS990/NetAssetsOrFundBalancesEOYAmt01673017
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt079862
IRS990/OccupancyGrp/ProgramServicesAmt01509367
IRS990/OccupancyGrp/TotalAmt01589229
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040149
IRS990/OfficeExpensesGrp/TotalAmt040149
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0264524
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01142716
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01407240
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010977
IRS990/OtherExpensesGrp/ProgramServicesAmt04611246
IRS990/OtherExpensesGrp/TotalAmt04622223
IRS990/OtherLiabilitiesGrp/BOYAmt01879600
IRS990/OtherLiabilitiesGrp/EOYAmt01750000
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0AFTER SCHOOL CARE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014643
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014643
IRS990/OtherRevenueTotalAmt014643
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02377745
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09610216
IRS990/OtherSalariesAndWagesGrp/TotalAmt011987961
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0146961
IRS990/PayrollTaxesGrp/ProgramServicesAmt0309543
IRS990/PayrollTaxesGrp/TotalAmt0456504
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01034649
IRS990/PensionPlanContributionsGrp/TotalAmt01034649
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03774262
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04353808
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0141549
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt069239
IRS990/PrincipalOfficerNm0JOHN VESCOVO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt022996139
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt010462784
IRS990/PYOtherRevenueAmt042886
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0356571
IRS990/PYSalariesCompEmpBnftPaidAmt012219670
IRS990/PYTotalExpensesAmt022682454
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt023039025
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt093635
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0170525
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt059888
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt059888
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt027479129
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01750000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FACTORED RECEIVABLE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt027572764
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/TotalBookValueLandBuildingsAmt059888
IRS990ScheduleD/TotalExpensesPerForm990Amt027479129
IRS990ScheduleD/TotalLiabilityAmt01750000
IRS990ScheduleD/TotalRevenuePerForm990Amt027572764
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt027572764
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt027479129
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/BaseCompensationFilingOrgAmt0135009
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1134535
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt020258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt118085
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06120
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAWN EVESON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PATRICIA LUCKEROTH LOCKHART
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO / EXECUTIVE DIRECTOR OF EDUCATIO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR OF EXPLORATION
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161387
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1152620
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
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/ExplanationTxt1THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CURRENTLY THE COMPENSATION OF THE ORGANIZATION'S KEY OFFICERS ARE REVIEWED AND APPROVED BY THE BOARD. THE BOARD REVIEWS AND APPROVES THE COMPENSATION BASED UPON COMPARABLE SALARIES AND IS APPROVED IN THE MINUTES. HUMAN 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCEDURE HAS NOT BEEN CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd21
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,487,049
Liabilities
$2,814,032
Net assets
$1,673,017
Revenue
$27,572,764
Expenses
$27,479,129
Net income
$93,635
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