Civic Intelligence

Riverside School Inc.

990 • Fiscal year 2024 • EIN 81-0877098

Jul 01, 2023 to Jun 30, 2024 • Filed on May 15, 2025

Organization ProfileWWW.BROOKFIELDSCHOOL.ORG
6115 Riverside BlvdSacramento, CA 95822

(801) 359-2000

Siviq Scores

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

Liabilities / Assets

98th percentile

1.35x

Higher debt load relative to assets than 98% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

3.62x

Higher debt load relative to revenue than 93% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

6th percentile

-50%

Higher net margin than 6% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$118,112

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

22nd percentile

-2.8%

Faster asset growth than 22% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

3.1%

Faster revenue growth than 40% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$10,724,992

Down $312,458 (-2.8%) from 2023

Net Assets

Down

-$3,775,584

Down $1,987,576 (-111%) from 2023

Liabilities

Up

$14,500,576

Up $1,675,118 (+13%) from 2023

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin6th percentile

Revenue

Up

$4,008,763

Up $122,391 (+3.1%) from 2023

Expenses

Up

$5,996,339

Up $1,819,974 (+44%) from 2023

Net Income

Down

-$1,987,576

Down $1,697,583 (-585%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

2024

Assets$10,724,992
Liabilities$14,500,576
Net Assets-$3,775,584
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

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

2024

Revenue$4,008,763
Expenses$5,996,339
Net Income-$1,987,576
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$4,008,763
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 is a private school for children thru 8th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,659,779$9,420,342▼ $239,437
Loans From Officers Directors$745,883$2,283,757▲ $1,537,874
Savings and Temporary Cash Investments$853,616$917,437▲ $63,821
Receivables From Officers Etc$180,039$205,044▲ $25,005
Cash and Non-Interest-Bearing Accounts$336,523$172,050▼ $164,473
Inventories for Sale or Use$7,493$10,119▲ $2,626
Total Assets$11,037,450$10,724,992▼ $312,458
Liabilities
Tax Exempt Bond Liabilities$10,957,250$11,047,666▲ $90,416
Accounts Payable and Accrued Expenses$834,325$936,621▲ $102,296
Other Liabilities$206,050$154,532▼ $51,518
Deferred Revenue$81,950$78,000▼ $3,950
Total Liabilities$12,825,458$14,500,576▲ $1,675,118
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,788,008$-3,775,584▼ $1,987,576
Total Net Assets Fund Balance$-1,788,008$-3,775,584▼ $1,987,576
Total Liabilities and Net Assets / Fund Balance$11,037,450$10,724,992▼ $312,458

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,920,942$1,820,020$9,740,962
Land$1,400,000-$1,400,000
Equipment$99,400-$99,400
Other Land Buildings$0--
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Josephine GonsalvesPrincipalFT$118,112$118,112

Board Members and Trustees

NameTitle
John SittnerPresident
David SimmonsBoard Member
Brian ChallisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$25,492
Program Service Revenue
$3,956,369
Investment Income
$19,382
Other Revenue
$7,520
All Other Contributions
$25,492
Change in Net Assets
$-1,987,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,645,534
Salaries, Compensation, and Employee Benefits$1,972,022
Grants and Similar Amounts Paid$378,783
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$1,945,200-$1,945,200
Other Salaries and Wages$1,654,225--$1,654,225
Interest$816,407--$816,407
Grants to Domestic Individuals$378,783--$378,783
Depreciation Depletion$270,000--$270,000
Payroll Taxes$194,873--$194,873
Other Employee Benefits$122,924--$122,924
Occupancy$118,431--$118,431
Advertising-$82,650-$82,650
Insurance$78,721--$78,721
All Other Expenses$18,061--$18,061
Information Technology$7,663--$7,663
Fees for Services Accounting-$7,350-$7,350
Fees for Services Legal-$5,000-$5,000
Fees for Services Other-$4,865-$4,865
Office Expenses$3,586--$3,586
Other Expenses$3,253--$3,253
Travel$925--$925
Total Functional Expenses$3,951,274$2,045,065$0$5,996,339
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-AN OFFICER OF THE ORGANIZATION IS MORE THAN 35% OWNER OF PINNACLE SCHOOLSMangagement FeeNo$1,945,200

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$745,883$2,283,757▲ $1,537,874
Receivables from Officers, Directors, Trustees, and Key Employees$180,039$205,044▲ $25,005
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$154,532

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia Municipal Finance Authority2016-10-14$11,365,000Purchase land and building and construct multipurpose building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,365,000--$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
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Pinnacle schools inc. Performs the daily management of the operation of the school. The management agreement provides for a per pupil compensation. For fiscal year ending june 30, 2024, the school paid pinnacle $1,945,200.”

Form 990, Part VI, Section A, Line 8B

“There are no committees with the authority to act on behalf of the governing body.”

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
8013592000
Address
6115 RIVERSIDE BLVD, SACRAMENTO, CA 95822

Signing Officer

Name
John Sittner
Title
President
Phone
8013592000
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Sittner
Formed
2016
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
58
Volunteers
25

Preparer

Firm
Eide Bailly Llp
Address
5 TRIAD CENTER STE 600, SALT LAKE CITY, UT 84180-1106
Preparer
Kyle Fritch CPA
Phone
8015322200
Raw XML AppendixShowing 400 of 468 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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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03956369
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0853616
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0917437
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07920942
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01820020
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09740962
IRS990ScheduleD/EquipmentGrp/BookValueAmt099400
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt099400
IRS990ScheduleD/LandGrp/BookValueAmt01400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01400000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0154532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09420342
IRS990ScheduleD/TotalLiabilityAmt0154532
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 REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0378783
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt040
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd01
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 LAND AND BUILDING AND CONSTRUCT MULTIPURPOSE 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/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt010794134
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0475155
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0210477
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02016
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt011365000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PINNACLE SCHOOLS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AN OFFICER OF THE ORGANIZATION IS MORE THAN 35% OWNER OF PINNACLE SCHOOLS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01945200
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANGAGEMENT FEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt043089
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1129606
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt22240668
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt375438
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN TO PROJECT FUND
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1RELATED PARTY LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2RELATED PARTY LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3RELATED PARTY RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0401827
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1144601
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2341888
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt335438
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOHN AND KATHI SITTNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1PINNACLE SCHOOLS INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2ETHOS INVESTMENTS INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3JOHN SITTNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1AFFILIATED ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2AFFILIATED ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/TotalBalanceDueAmt02488801
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PINNACLE SCHOOLS INC. PERFORMS THE DAILY MANAGEMENT OF THE OPERATION OF THE SCHOOL. THE MANAGEMENT AGREEMENT PROVIDES FOR A PER PUPIL COMPENSATION. FOR FISCAL YEAR ENDING JUNE 30, 2024, THE SCHOOL PAID PINNACLE $1,945,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
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 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 C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt010957250
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt011047666
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011037450
IRS990/TotalAssetsEOYAmt010724992
IRS990/TotalAssetsGrp/BOYAmt011037450
IRS990/TotalAssetsGrp/EOYAmt010724992
IRS990/TotalCompGreaterThan150KInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,724,992
Liabilities
$14,500,576
Net assets
-$3,775,584
Revenue
$4,008,763
Expenses
$5,996,339
Net income
-$1,987,576
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