Civic Intelligence

Crescent View West Public Charter Inc.

990 • Fiscal year 2018 • EIN 68-0610130

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

177 Holston DrLancaster, CA 93535

(661) 272-1225

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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.25x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

55th percentile

4.6%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

84th percentile

$347,384

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

63rd percentile

5.4%

Faster asset growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

69%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$7,978,048

Up $410,262 (+5.4%) from 2017

Net Assets

Up

$2,640,766

Up $980,432 (+59%) from 2017

Liabilities

Down

$5,337,282

Down $570,170 (-9.7%) from 2017

Revenue

Up

$21,395,884

Up $8,725,059 (+69%) from 2017

Expenses

Up

$20,415,452

Up $8,403,482 (+70%) from 2017

Net Income

Up

$980,432

Up $321,577 (+49%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $2,197,339Liabilities 2011: $1,580,971Net Assets 2011: $616,3682011Assets 2012: $2,458,821Liabilities 2012: $1,833,670Net Assets 2012: $625,1512012Assets 2013: $2,770,319Liabilities 2013: $2,110,300Net Assets 2013: $660,0192013Assets 2014: $3,568,718Liabilities 2014: $2,992,744Net Assets 2014: $575,9742014Assets 2015: $1,939,671Liabilities 2015: $1,332,347Net Assets 2015: $607,3242015Assets 2016: $4,024,147Liabilities 2016: $3,022,668Net Assets 2016: $1,001,4792016Assets 2017: $7,567,786Liabilities 2017: $5,907,452Net Assets 2017: $1,660,3342017Assets 2018: $7,978,048Liabilities 2018: $5,337,282Net Assets 2018: $2,640,7662018Assets 2019: $7,283,169Liabilities 2019: $4,212,337Net Assets 2019: $3,070,8322019Assets 2020: $10,435,756Liabilities 2020: $5,904,670Net Assets 2020: $4,531,0862020Assets 2021: $12,681,981Liabilities 2021: $5,646,781Net Assets 2021: $7,035,2002021Assets 2022: $15,116,995Liabilities 2022: $6,483,491Net Assets 2022: $8,633,5042022Assets 2023: $21,666,757Liabilities 2023: $10,650,018Net Assets 2023: $11,016,7392023Assets 2024: $20,737,499Liabilities 2024: $8,094,874Net Assets 2024: $12,642,6252024

Highlighted filing

2018

Assets$7,978,048
Liabilities$5,337,282
Net Assets$2,640,766

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2011: $2,412,9512011Expenses 2012: $2,401,5932012Expenses 2013: $2,554,2162013Revenue 2014: $3,375,663Expenses 2014: $3,459,708Net Income 2014: -$84,0452014Revenue 2015: $4,423,507Expenses 2015: $4,392,157Net Income 2015: $31,3502015Revenue 2016: $6,419,439Expenses 2016: $6,025,284Net Income 2016: $394,1552016Revenue 2017: $12,670,825Expenses 2017: $12,011,970Net Income 2017: $658,8552017Revenue 2018: $21,395,884Expenses 2018: $20,415,452Net Income 2018: $980,4322018Revenue 2019: $23,359,667Expenses 2019: $22,929,601Net Income 2019: $430,0662019Revenue 2020: $25,852,328Expenses 2020: $24,392,074Net Income 2020: $1,460,2542020Revenue 2021: $27,265,766Expenses 2021: $24,761,652Net Income 2021: $2,504,1142021Revenue 2022: $28,860,635Expenses 2022: $27,262,331Net Income 2022: $1,598,3042022Revenue 2023: $36,141,026Expenses 2023: $33,757,791Net Income 2023: $2,383,2352023Revenue 2024: $35,341,353Expenses 2024: $33,715,467Net Income 2024: $1,625,8862024

Highlighted filing

2018

Revenue$21,395,884
Expenses$20,415,452
Net Income$980,432
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.2
Gross Receipts
$21,395,884
Mission and Program Overview

Mission

The mission of cresent view west public charter, inc. Is to re-engage at-risk youth who have dropped out of traditional school, help them earn a high school diploma and job skills training, and provide postsecondary opportunities. Through its personailized learning model, cresent view west public charter, inc's goal is to help students successfully change their story and equip them to become strong, resilient and responsibile adults.

The mission of crescent view west public charter, inc. Is to engage students in learning, who are no longer enrolled in a traditional classroom program or who prefer a personalized learning education. Crescent view west public charter, inc.'s goal is to successfully prepare students for work or college readiness through its integrated personalized program of job readiness coursework and exclusive workforce opportunity investment act partnerships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,639,252$3,971,080▲ $1,331,828
Accounts Receivable$901,030$1,450,019▲ $548,989
Land, Buildings, and Equipment, Net$1,336,726$1,232,586▼ $104,140
Cash and Non-Interest-Bearing Accounts$2,123,935$576,898▼ $1,547,037
Pledges and Grants Receivable$136,419$443,570▲ $307,151
Prepaid Expenses and Deferred Charges$368,679$237,150▼ $131,529
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$7,567,786$7,978,048▲ $410,262
Other Assets Total$61,745$66,745▲ $5,000
Liabilities
Accounts Payable and Accrued Expenses$5,882,452$5,220,540▼ $661,912
Other Liabilities$25,000$116,742▲ $91,742
Total Liabilities$5,907,452$5,337,282▼ $570,170
Net Assets / Fund Balance
Unrestricted Net Assets$1,660,334$2,640,766▲ $980,432
Total Net Assets Fund Balance$1,660,334$2,640,766▲ $980,432
Total Liabilities and Net Assets / Fund Balance$7,567,786$7,978,048▲ $410,262

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$864,829$272,492$1,137,321
Equipment$367,757$115,874$483,631
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abigail PetropulosPrincipalFT$148,944-$148,944
Alice BarberichPrincipalFT$127,983-$127,983
Matthew LievreTeacherPT$114,294-$114,294
Sarah LunaPrincipalFT$108,862-$108,862
Jeriann LarimerProgram SpecialistFT$103,392-$103,392
Jeri VincentCFO/secretaryPT$26,038$50,750$76,788
Carol StanfordDirector-$1,800$13,950$15,750
Victoria HancockDirector-$900$14,400$15,300
Armando a LopezDirector-$1,800$8,550$10,350
Arthur RenneyDirector-$1,800-$1,800
Gary RennerDirector-$1,800-$1,800

Board Members and Trustees

NameTitle
Johnny AlvaradoCEO
Stephen J GockeCEO
Patrick HillCFO/Secretary
William ToomeyExec Vice Pres./CAO

Highest Paid Contractors

ContractorServicesLocationCompensation
Scholastic Education ResourcesEducational Services177 HOLSTON DR, Lancaster, CA 93535, Ca$1,611,789
Sequoia Administrative ResourcesAdmin/fin Services177 HOLSTON DR, Lancaster, CA 93535$895,437
DIRTT Environmental Solutions IncBuilding Contractor41747 11th St West E, Palmdale, CA 93551$223,646
The Phone ConnectionEquip. Serv & Repair-$203,465
Choice Educational ServicesEducational Services43141 BUSINESS CENTER PKWY 106, Lancaster, CA 93535$165,000
Revenue and Support

Revenue Composition

Contributions and Grants
$21,395,884
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,073,981
Change in Net Assets
$980,432

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,395,884
Total Revenue per Audited Statements
$21,395,884
Total Revenue per Form 990
$21,395,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,094,149
Other Expenses$8,321,303
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,326,763$280,165-$11,606,928
Fees for Services Other$599,179$1,254,126-$1,853,305
Occupancy$968,215--$968,215
Pension Plan Contributions$479,121--$479,121
Interest-$295,622-$295,622
Depreciation Depletion$208,207--$208,207
Insurance-$169,161-$169,161
Fees for Services Legal-$34,833-$34,833
Fees for Services Accounting-$17,750-$17,750
Other Expenses$1,919,295$9,900-$9,900
Current Officers, Directors, Trustees, and Key Employees$8,100--$8,100
Information Technology$4,503--$4,503
Conferences and Meetings-$3,763-$3,763
Total Functional Expenses$18,349,463$2,065,989$0$20,415,452

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,415,452
Total Expenses per Audited Statements$20,415,452
Total Expenses per Form 990$20,415,452
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accounts Payable - Related Entities$116,742
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Crescent view west public charter, inc.'s sole member, education advancement corporation, has the power to appoint crescent view west public charter, inc.'s governing body, amend the articles and bylaws, and dissolve the organization.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Crescent view west public charter, inc.'s sole member, education advancement corporation, has the power to appoint crescent view west public charter, inc.'s governing body, amend the articles and bylaws, and dissolve the organization.

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the Form 990 was sent to each board member with a request for review and comment before filing. The Form 990 is also reviewed and discussed by the board of directors again at the next quarterly board meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy was provided at a board meeting. The board regularly and consistently monitors this policy through quarterly reports from management.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The corporation's independent legal counsel undertook a thorough and detailed analysis of available data regarding organizations with comparable missions and budgets to obtain the most helpful comparable data possible. The review included a review of the Charity Navigator's CEO Compensation Study and the Guidestar Compensation Report. Comparisons were based not only upon comparability of revenue and mission but also geographical proximity. The governing board, after being presented with the data and recommendations of counsel, deliberated and voted to approve the compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The corporation's independent legal counsel undertook a thorough and detailed analysis of available data regarding organizations with comparable missions and budgets to obtain the most helpful comparable data possible. The review included a review of the Charity Navigator's CEO Compensation Study and the Guidestar Compensation Report. Comparisons were based not only upon comparability of revenue and mission but also geographical proximity. The governing board, after being presented with the data and recommendations of counsel, deliberated and voted to approve the compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

A copy of the governing docs, policies, and financial statements are kept at the principal place of business.

Filing and Contact Details

Filer

Filer Name
Crescent View West Public Charter Inc
EIN
68-0610130
Phone
6612721225
Address
177 HOLSTON DR, LANCASTER, CA 93535

Signing Officer

Name
Jeri Vincent
Title
CFO
Signed
2019-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeri Vincent
Formed
2005
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
160

Preparer

Firm
Burkey Cox Evans & Bradford
Address
1058 W AVENUE M14, PALMDALE, CA 93551-1440
Preparer
Laura A Bradford CPA
Phone
6612672005
Supplemental Narrative

Additional Explanations

FULL LEGAL NAME AND DOING BUSINESS AS NAMES:

CRESCENT VIEW WEST PUBLIC CHARTER, INC, which operate a school under the following business name: Crescent View West Public Charter.

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IRS990/Form990PartVIISectionAGrp/PersonNm6Abigail Petropulos
IRS990/Form990PartVIISectionAGrp/PersonNm7Alice Barberich
IRS990/Form990PartVIISectionAGrp/PersonNm8Matthew Lievre
IRS990/Form990PartVIISectionAGrp/PersonNm9Sarah Luna
IRS990/Form990PartVIISectionAGrp/PersonNm10Jeriann Larimer
IRS990/Form990PartVIISectionAGrp/PersonNm11STEPHEN J GOCKE
IRS990/Form990PartVIISectionAGrp/PersonNm12PATRICK HILL
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM TOOMEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5CFO/SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt7PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt8Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt9Principal
IRS990/Form990PartVIISectionAGrp/TitleTxt10Program Specialist
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXEC VICE PRES./CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CEO
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IRS990/FormationYr02005
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt03971080
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0115874
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0483631
IRS990ScheduleD/ExpensesSubtotalAmt020415452
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0864829
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0272492
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01137321
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0116742
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCOUNTS PAYABLE - RELATED ENTITIES
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt01232586
IRS990ScheduleD/TotalExpensesPerForm990Amt020415452
IRS990ScheduleD/TotalLiabilityAmt0116742
IRS990ScheduleD/TotalRevenuePerForm990Amt021395884

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.7$8.09$12.6$35.3$33.7$1.63
2023Detailed filing. Detailed filing data is available for this year.$21.7$10.7$11.0$36.1$33.8$2.38
2022Detailed filing. Detailed filing data is available for this year.$15.1$6.48$8.63$28.9$27.3$1.60
2021Detailed filing. Detailed filing data is available for this year.$12.7$5.65$7.04$27.3$24.8$2.50
2020Detailed filing. Detailed filing data is available for this year.$10.4$5.90$4.53$25.9$24.4$1.46
2019Detailed filing. Detailed filing data is available for this year.$7.28$4.21$3.07$23.4$22.9$0.43
2018Detailed filing. Detailed filing data is available for this year.$7.98$5.34$2.64$21.4$20.4$0.98
2017Detailed filing. Detailed filing data is available for this year.$7.57$5.91$1.66$12.7$12.0$0.66
2016Detailed filing. Detailed filing data is available for this year.$4.02$3.02$1.00$6.42$6.03$0.39
2015Detailed filing. Detailed filing data is available for this year.$1.94$1.33$0.61$4.42$4.39$0.03
2014Detailed filing. Detailed filing data is available for this year.$3.57$2.99$0.58$3.38$3.46$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$2.11$0.66$2.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$1.83$0.63$2.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$1.58$0.62$2.41