Civic Intelligence

Crescent View South Inc.

990 • Fiscal year 2021 • EIN 77-0643134

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

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26650 The Old Road 212Valencia, CA 91381

(661) 272-1225

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$16,705,545

Flat from 2021

Net Assets

Flat

$8,453,489

Flat from 2021

Liabilities

Flat

$8,252,056

Flat from 2021

Revenue And Expenses

Revenue

Flat

$37,191,194

Flat from 2021

Expenses

Flat

$33,826,059

Flat from 2021

Net Income

Flat

$3,365,135

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $3,362,200Liabilities 2011: $2,757,987Net Assets 2011: $604,2132011Assets 2012: $4,396,607Liabilities 2012: $3,589,670Net Assets 2012: $806,9372012Assets 2013: $6,187,482Liabilities 2013: $5,387,012Net Assets 2013: $800,4702013Assets 2014: $10,389,898Liabilities 2014: $9,555,564Net Assets 2014: $834,3342014Assets 2015: $4,333,179Liabilities 2015: $3,382,284Net Assets 2015: $950,8952015Assets 2016: $8,765,278Liabilities 2016: $6,393,244Net Assets 2016: $2,372,0342016Assets 2017: $11,976,922Liabilities 2017: $8,418,613Net Assets 2017: $3,558,3092017Assets 2018: $14,748,168Liabilities 2018: $7,578,311Net Assets 2018: $7,169,8572018Assets 2019: $7,920,851Liabilities 2019: $5,485,505Net Assets 2019: $2,435,3462019Assets 2020: $13,945,146Liabilities 2020: $8,856,792Net Assets 2020: $5,088,3542020Assets 2021: $16,705,545Liabilities 2021: $8,252,056Net Assets 2021: $8,453,4892021Assets 2021: $16,705,545Liabilities 2021: $8,252,056Net Assets 2021: $8,453,4892021Assets 2022: $21,111,120Liabilities 2022: $9,994,386Net Assets 2022: $11,116,7342022Assets 2023: $31,544,075Liabilities 2023: $15,673,765Net Assets 2023: $15,870,3102023

Highlighted filing

2021

Assets$16,705,545
Liabilities$8,252,056
Net Assets$8,453,489

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: $4,479,187Expenses 2011: $4,289,102Net Income 2011: $190,0852011Revenue 2012: $4,915,930Expenses 2012: $4,712,961Net Income 2012: $202,9692012Revenue 2013: $5,728,534Expenses 2013: $5,735,001Net Income 2013: -$6,4672013Revenue 2014: $9,793,159Expenses 2014: $9,759,295Net Income 2014: $33,8642014Revenue 2015: $12,477,506Expenses 2015: $12,360,943Net Income 2015: $116,5632015Revenue 2016: $19,395,686Expenses 2016: $17,974,547Net Income 2016: $1,421,1392016Revenue 2017: $22,681,845Expenses 2017: $21,495,570Net Income 2017: $1,186,2752017Revenue 2018: $29,930,216Expenses 2018: $26,318,668Net Income 2018: $3,611,5482018Revenue 2019: $27,711,421Expenses 2019: $32,445,932Net Income 2019: -$4,734,5112019Revenue 2020: $34,842,332Expenses 2020: $32,189,324Net Income 2020: $2,653,0082020Revenue 2021: $37,191,194Expenses 2021: $33,826,059Net Income 2021: $3,365,1352021Revenue 2021: $37,191,194Expenses 2021: $33,826,059Net Income 2021: $3,365,1352021Revenue 2022: $46,139,094Expenses 2022: $43,475,849Net Income 2022: $2,663,2452022Revenue 2023: $56,333,496Expenses 2023: $51,579,920Net Income 2023: $4,753,5762023

Highlighted filing

2021

Revenue$37,191,194
Expenses$33,826,059
Net Income$3,365,135
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.0
Gross Receipts
$37,191,194
Mission and Program Overview

Mission

The mission of Crescent View South, Inc. is to provide a student-centered, high-quality education for all learners through a safe, supportive, trauma-informed community where students are encouraged to self-advocate, take control of their education, and explore new opportunities and skills in the pursuit of becoming contributing members of society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$5,582,209$11,400,712▲ $5,818,503
Cash and Non-Interest-Bearing Accounts$7,353,600$4,178,813▼ $3,174,787
Savings and Temporary Cash Investments$47,869$370,708▲ $322,839
Accounts Receivable$651,699$353,454▼ $298,245
Land, Buildings, and Equipment, Net$226,969$163,454▼ $63,515
Prepaid Expenses and Deferred Charges$47,800$162,743▲ $114,943
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$13,945,146$16,705,545▲ $2,760,399
Other Assets Total$35,000$75,661▲ $40,661
Liabilities
Accounts Payable and Accrued Expenses$5,821,311$5,033,981▼ $787,330
Unsecured Notes Loans Payable$3,017,569$3,053,022▲ $35,453
Other Liabilities$17,912$165,053▲ $147,141
Total Liabilities$8,856,792$8,252,056▼ $604,736
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,088,354$7,165,839▲ $2,077,485
Net Assets With Donor Restrictions-$1,287,650-
Total Net Assets Fund Balance$5,088,354$8,453,489▲ $3,365,135
Total Liabilities and Net Assets / Fund Balance$13,945,146$16,705,545▲ $2,760,399

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$122,307$543,391$665,698
Equipment$41,147$56,553$97,700
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gagendeep K GillPrincipalFT$105,549$26,865$191,555
Rafael AguilarRegional DirectorFT$90,580$41,401$170,681
Lindsay M BoggsPrincipalFT$90,873$79,740$158,153
Tiffaney a LeasTeacherFT$116,575$32,342$148,917
Chandra V LoretoCoordinatorFT$110,012$31,036$141,048
Shellie HanesArea SuperintendentPT$70,148$14,461$107,410
Jeri VincentCFOPT$24,941$52,102$33,314
Jeff BrownCEOPT$21,956$8,428$30,119
Caprice YoungNational SuperintendentPT$18,874$66,679$21,365
Arthur RenneyDirector-$8,100$3,600$11,700
CHARLES SANT'AGATADirector-$9,450-$9,450
Jacqueline GiacomazziDirector-$9,450-$9,450
Julia KeitgesDirector-$9,450-$9,450

Highest Paid Contractors

ContractorServicesLocationCompensation
Llac Dba Scholastic Education ResourcesEducational Services177 HOLSTON DRIVE, Lancaster, CA 93535$3,962,858
Llac Dba Sequoia Administrative ResourcesAdministrative Services177 HOLSTON DRIVE, Lancaster, CA 93535$1,867,079
Westside Elementary School DistrictCharter Oversight19191 W ESCELSIOR, Five Points, CA 93624$437,755
Kit Carson Union Elementary School DistrictCharter Oversight9895 7TH ST, Hanford, CA 93230$419,346
Unified Protective ServicesSecurity4431 ROSECRANS AVE STE 200, Hawthorne, CA 90250$356,975
Revenue and Support

Revenue Composition

Contributions and Grants
$37,169,566
Program Service Revenue
$0
Investment Income
$21,628
Other Revenue
$0
All Other Contributions
$117,364
Change in Net Assets
$3,365,135

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,191,194
Total Revenue per Audited Statements
$37,191,194
Total Revenue per Form 990
$37,191,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$22,464,803
Other Expenses$11,361,256
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,439,400--$17,439,400
Other Employee Benefits$3,586,476$23,278-$3,609,754
Fees for Services Management-$1,795,235-$1,795,235
Occupancy$1,450,642--$1,450,642
Payroll Taxes$1,295,311$6,749-$1,302,060
Fees for Services Other$226,728$321,090-$547,818
Insurance-$164,461-$164,461
Current Officers, Directors, Trustees, and Key Employees$7,064$106,525-$113,589
Depreciation Depletion$72,844--$72,844
Other Expenses$316,742$45,442-$45,442
Fees for Services Accounting-$44,663-$44,663
Interest-$31,811-$31,811
Fees for Services Legal-$25,948-$25,948
Advertising-$12,402-$12,402
Total Functional Expenses$31,247,340$2,578,719$0$33,826,059

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$33,826,059
Total Expenses per Audited Statements$33,826,059
Total Expenses per Form 990$33,826,059
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
Related Party Payables$165,053
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Educational advancement corporation is the sole statutory member of the nonprofit corporation, educational advancement corporation is a 501c3 nonprofit public benefit corporation that does not have a material financial interest in the organization. As the sole member, educational advancement corporation is responsible for identifying and nominating board members who believe in the mission and educational model, ensuring efficiency, curriculum consistincy of educational and job training programs.

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

Crescent view south, inc.'s sole member, education advancement corporation, has the power to appoint crescent view south, 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 south, inc.'s sole member, education advancement corporation, has the power to appoint crescent view south, 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 filed form 990 is then reviewed and considered by the board of directors at the next 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 semi-annual 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 South Inc
EIN
77-0643134
Phone
6612721225
Address
26650 THE OLD ROAD 212, VALENCIA, CA 91381

Signing Officer

Name
Jeri Vincent
Title
CFO
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeri Vincent
Formed
2004
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
309

Preparer

Firm
Wilkinson Hadley King & Co LLP
Address
218 W Douglas Ave, El Cajon, CA 92020
Preparer
Aubrey W Mann
Phone
6194476700
Supplemental Narrative

Additional Explanations

FULL LEGAL NAME AND DOING BUSINESS ASNAMES:

Crescent view south, inc., which operated/operates schools under the following business names: crescent view south public charter ii, ambassador phillip v. Sanchez ii public charter and kings valley academy ii.

Financial Statement Notes

Part X : FIN48 Footnote

The company follows provisions of uncertain tax positions as addressed in asc 958. The school recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision, when applicable. There are no amounts accrued in the financial statements related to uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5PRINCIPAL
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IRS990/Form990PartVIISectionAGrp/TitleTxt7COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8NATIONAL SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
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IRS990/InterestGrp/ManagementAndGeneralAmt031811
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IRS990/MembersOrStockholdersInd0true
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0The mission of Crescent View South, Inc. is to provide a student-centered, high-quality education for all learners through a safe, supportive, trauma-informed community where students are encouraged to self-advocate, take control of their education, and explore new opportunities and skills in the pursuit of becoming contributing members of society.
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07165839
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt075661
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023278
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03586476
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03609754
IRS990/OtherExpensesGrp/Desc0OTHER INSTRUCTION
IRS990/OtherExpensesGrp/Desc1NONCAPITALIZED EQUIPMENT
IRS990/OtherExpensesGrp/Desc2BOOKS & SUPPLIES
IRS990/OtherExpensesGrp/Desc3OTHER ADMINISTRATIVE COSTS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt245442
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IRS990/OtherExpensesGrp/ProgramServicesAmt2316742
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IRS990/OtherExpensesGrp/TotalAmt2316866
IRS990/OtherExpensesGrp/TotalAmt345442
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0165053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLES
IRS990ScheduleD/RevenueSubtotalAmt037191194
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY FOLLOWS PROVISIONS OF UNCERTAIN TAX POSITIONS AS ADDRESSED IN ASC 958. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalLiabilityAmt0165053
IRS990ScheduleD/TotalRevenuePerForm990Amt037191194
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$31.5$15.7$15.9$56.3$51.6$4.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.1$9.99$11.1$46.1$43.5$2.66
2021Detailed filing. Detailed filing data is available for this year.$16.7$8.25$8.45$37.2$33.8$3.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$8.25$8.45$37.2$33.8$3.37
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$8.86$5.09$34.8$32.2$2.65
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.92$5.49$2.44$27.7$32.4$4.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$7.58$7.17$29.9$26.3$3.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$8.42$3.56$22.7$21.5$1.19
2016Detailed filing. Detailed filing data is available for this year.$8.77$6.39$2.37$19.4$18.0$1.42
2015Detailed filing. Detailed filing data is available for this year.$4.33$3.38$0.95$12.5$12.4$0.12
2014Detailed filing. Detailed filing data is available for this year.$10.4$9.56$0.83$9.79$9.76$0.03
2013Summary only. Only limited summary data is available for this year.$6.19$5.39$0.80$5.73$5.74$0.01
2012Summary only. Only limited summary data is available for this year.$4.40$3.59$0.81$4.92$4.71$0.20
2011Summary only. Only limited summary data is available for this year.$3.36$2.76$0.60$4.48$4.29$0.19