Civic Intelligence

Riverside School Inc.

990 • Fiscal year 2017 • EIN 81-0877098

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization ProfileWWW.BROOKFIELDSCHOOL.ORG
6115 Riverside BlvdSacramento, CA 95831

(916) 442-1255

Siviq Scores

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

Liabilities / Assets

95th percentile

1.08x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

11.25x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

3rd percentile

-82%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

$11,565,341

No earlier filing loaded for comparison.

Net Assets

-$924,176

No earlier filing loaded for comparison.

Liabilities

$12,489,517

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin3rd percentile

Revenue

$1,109,986

No earlier filing loaded for comparison.

Expenses

$2,020,089

No earlier filing loaded for comparison.

Net Income

-$910,103

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MAssets 2017: $11,565,341Liabilities 2017: $12,489,517Net Assets 2017: -$924,1762017Assets 2018: $11,998,302Liabilities 2018: $13,241,979Net Assets 2018: -$1,243,6772018Assets 2019: $11,377,411Liabilities 2019: $12,847,081Net Assets 2019: -$1,469,6702019Assets 2020: $11,530,513Liabilities 2020: $13,225,788Net Assets 2020: -$1,695,2752020Assets 2021: $11,195,541Liabilities 2021: $13,282,151Net Assets 2021: -$2,086,6102021Assets 2022: $11,068,012Liabilities 2022: $13,040,623Net Assets 2022: -$1,972,6112022Assets 2023: $11,037,450Liabilities 2023: $12,825,458Net Assets 2023: -$1,788,0082023Assets 2024: $10,724,992Liabilities 2024: $14,500,576Net Assets 2024: -$3,775,5842024

Highlighted filing

2017

Assets$11,565,341
Liabilities$12,489,517
Net Assets-$924,176
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2017: $1,109,986Expenses 2017: $2,020,089Net Income 2017: -$910,1032017Revenue 2018: $2,704,384Expenses 2018: $3,023,885Net Income 2018: -$319,5012018Revenue 2019: $2,918,937Expenses 2019: $3,144,930Net Income 2019: -$225,9932019Revenue 2020: $2,976,049Expenses 2020: $3,078,328Net Income 2020: -$102,2792020Revenue 2021: $3,046,107Expenses 2021: $3,437,442Net Income 2021: -$391,3352021Revenue 2022: $3,470,495Expenses 2022: $3,356,496Net Income 2022: $113,9992022Revenue 2023: $3,886,372Expenses 2023: $4,176,365Net Income 2023: -$289,9932023Revenue 2024: $4,008,763Expenses 2024: $5,996,339Net Income 2024: -$1,987,5762024

Highlighted filing

2017

Revenue$1,109,986
Expenses$2,020,089
Net Income-$910,103
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$1,109,986
Mission and Program Overview

Mission

Provide students with an independent, safe, challenging and individualized learning environment that will help them achieve their potential and come confident, competent, productive, and responsible adults who possess the knowledge, skills, attitude, and character necessary to succeed in high school, post-secondary education, and ultimately in employment and community settings.

Riverside school, operating as brookfield school, endeavors to provide the most challenging and stimulating education to its students while providing a positive work environment for all staff member. The organization also endeavors to have as diverse and inclusive a student body and staff as possible. It will provide scholarships to as many students as possible in order to further this purpose.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$9,610,784▲ $9,610,784
Cash and Non-Interest-Bearing Accounts$477$1,943,423▲ $1,942,946
Loans From Officers Directors$21,080$514,204▲ $493,124
Accounts Receivable$0$11,124▲ $11,124
Savings and Temporary Cash Investments$30$10▼ $20
Total Assets$20,957$11,565,341▲ $11,544,384
Other Assets Total$20,450$0▼ $20,450
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$11,169,674▲ $11,169,674
Accounts Payable and Accrued Expenses$0$730,284▲ $730,284
Deferred Revenue$0$75,355▲ $75,355
Total Liabilities$21,080$12,489,517▲ $12,468,437
Net Assets / Fund Balance
Unrestricted Net Assets$-123$-924,176▼ $924,053
Total Net Assets Fund Balance$-123$-924,176▼ $924,053
Total Liabilities and Net Assets / Fund Balance$20,957$11,565,341▲ $11,544,384

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,182,604$156,565$8,339,169
Land$1,400,000-$1,400,000
Equipment$28,180$2,369$30,549
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Peter YoungPresident
Brian ChallisSecretary
Tyler EllisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,106,587
Investment Income
$3,399
Other Revenue
$0
Change in Net Assets
$-910,103

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,109,986
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,109,986
Total Revenue per Form 990
$1,109,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,142,780
Salaries, Compensation, and Employee Benefits$877,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$785,505--$785,505
Interest$610,895--$610,895
Depreciation Depletion$158,934--$158,934
Advertising-$130,786-$130,786
Occupancy$71,757--$71,757
Payroll Taxes$57,593--$57,593
Insurance-$54,463-$54,463
Other Employee Benefits$34,211--$34,211
Office Expenses$13,808--$13,808
Fees for Services Other-$11,489-$11,489
All Other Expenses$429$4,425-$4,854
Other Expenses$56,048$3,680-$3,680
Travel-$1,333-$1,333
Total Functional Expenses$1,789,180$230,909$0$2,020,089

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,020,089
Total Expenses per Audited Statements$2,020,089
Total Expenses per Form 990$2,020,089
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$21,080$514,204▲ $493,124
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia Municipal Finance Authority2016-10-14$11,365,000PURCHASE BUILDING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,154,523--$210,477

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 2

“Yes, john sittner is the business manager and performs this duty by virtue of the management agreement with pinnacle schools inc.”

Form 990, Part VI, Section A, Line 3

“Pinnacle schools inc. Performs the daily management of the operation of the school. The management agreement provides for a per pupil compensation but this compensation is waived until such time as certain requirements in a bond holder agreement are met.”

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

“The draft 990 will be presented to the board of director's at their monthly meeting for review and possible approval. Filing will not be done until such time as the board of director's approves such filing.”

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

“Annually, the board members are required to disclose any conflicts of interest through an annual questionnaire. If any issues arise the board will consider the conflict to see if any actions need to be taken.”

Form 990, Part VI, Section C, Line 19

“Yes. They are all available at the school office. In addition, all board minutes and financial reports are available at the school once adopted by the board, usually at the board meeting following.”

Filing and Contact Details

Filer

Filer Name
Riverside School Inc
EIN
81-0877098
Phone
9164421255
Address
6115 RIVERSIDE BLVD, SACRAMENTO, CA 95831

Signing Officer

Name
Tyler Ellis
Title
Treasurer
Phone
9164421255
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Young
Formed
2016
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Eide Bailly Llp
Address
5929 FASHION POINTE DR STE 300, OGDEN, UT 84403-4684
Preparer
Chett Campbell CPA
Phone
8016211575
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school is organized as a california nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(a) of the internal revenue code as an organization described in section 501(c)(3), qualifies for the charitable contribution deduction under section 170(b)(1)(a)(ii), and has been determined not to be a private foundation under section 509(a)(1). The school is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the school is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purposes. The school has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. The school believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The school would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

Raw XML AppendixShowing 400 of 437 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS ORGANIZED AS A CALIFORNIA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(II), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE SCHOOL IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. THE SCHOOL HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09610784
IRS990ScheduleD/TotalExpensesPerForm990Amt02020089
IRS990ScheduleD/TotalRevenuePerForm990Amt01109986
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01109986
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02020089
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RIVERSIDE SCHOOL INC IS EXCUSED FROM FORMAL COMPLIANCE WITH REV PROC 75-50 AS LONG AS THE SCHOOL'S AGREEMENT WITH THE STATE REAMINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-10-14
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0201563466
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum013050CAA3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt011365000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CALIFORNIA MUNICIPAL FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt09287459
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0210477
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02016
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt011154523
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt01867064
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0360827
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt112191
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt2141186
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN TO PROJECT FUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1RELATED PARTY LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2RELATED PARTY LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0360827
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt112191
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2141186
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOHN SITTNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1PINNACLE SCHOOLS INC FKA BROOKFIEL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2ETHOS INVESTMENTS INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BUSINESS MANAGER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1RELATED ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2RELATED ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/TotalBalanceDueAmt0514204
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YES, JOHN SITTNER IS THE BUSINESS MANAGER AND PERFORMS THIS DUTY BY VIRTUE OF THE MANAGEMENT AGREEMENT WITH PINNACLE SCHOOLS INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PINNACLE SCHOOLS INC. PERFORMS THE DAILY MANAGEMENT OF THE OPERATION OF THE SCHOOL. THE MANAGEMENT AGREEMENT PROVIDES FOR A PER PUPIL COMPENSATION BUT THIS COMPENSATION IS WAIVED UNTIL SUCH TIME AS CERTAIN REQUIREMENTS IN A BOND HOLDER AGREEMENT ARE MET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DRAFT 990 WILL BE PRESENTED TO THE BOARD OF DIRECTOR'S AT THEIR MONTHLY MEETING FOR REVIEW AND POSSIBLE APPROVAL. FILING WILL NOT BE DONE UNTIL SUCH TIME AS THE BOARD OF DIRECTOR'S APPROVES SUCH FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, THE BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST THROUGH AN ANNUAL QUESTIONNAIRE. IF ANY ISSUES ARISE THE BOARD WILL CONSIDER THE CONFLICT TO SEE IF ANY ACTIONS NEED TO BE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4YES. THEY ARE ALL AVAILABLE AT THE SCHOOL OFFICE. IN ADDITION, ALL BOARD MINUTES AND FINANCIAL REPORTS ARE AVAILABLE AT THE SCHOOL ONCE ADOPTED BY THE BOARD, USUALLY AT THE BOARD MEETING FOLLOWING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
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 C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt020957
IRS990/TotalAssetsEOYAmt011565341
IRS990/TotalAssetsGrp/BOYAmt020957
IRS990/TotalAssetsGrp/EOYAmt011565341
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0230909
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01789180
IRS990/TotalFunctionalExpensesGrp/TotalAmt02020089
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021080
IRS990/TotalLiabilitiesEOYAmt012489517
IRS990/TotalLiabilitiesGrp/BOYAmt021080
IRS990/TotalLiabilitiesGrp/EOYAmt012489517
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-123
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-924176
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01789180
IRS990/TotalProgramServiceRevenueAmt01106587
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03399
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01106587
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01109986
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011565341
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01333
IRS990/TravelGrp/TotalAmt01333
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-123
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-924176
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06115 RIVERSIDE BLVD
IRS990/USAddress/CityNm0SACRAMENTO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095831
IRS990/VotingMembersGoverningBodyCnt03

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$11,565,341
Liabilities
$12,489,517
Net assets
-$924,176
Revenue
$1,109,986
Expenses
$2,020,089
Net income
-$910,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.7$14.5$3.78$4.01$6.00$1.99
2023Detailed filing. Detailed filing data is available for this year.$11.0$12.8$1.79$3.89$4.18$0.29
2022Detailed filing. Detailed filing data is available for this year.$11.1$13.0$1.97$3.47$3.36$0.11
2021Detailed filing. Detailed filing data is available for this year.$11.2$13.3$2.09$3.05$3.44$0.39
2020Detailed filing. Detailed filing data is available for this year.$11.5$13.2$1.70$2.98$3.08$0.10
2019Detailed filing. Detailed filing data is available for this year.$11.4$12.8$1.47$2.92$3.14$0.23
2018Detailed filing. Detailed filing data is available for this year.$12.0$13.2$1.24$2.70$3.02$0.32
2017Detailed filing. Detailed filing data is available for this year.$11.6$12.5$0.92$1.11$2.02$0.91