Civic Intelligence

Savant Preparatory Academy Inc.

990 • Fiscal year 2020 • EIN 82-1193065

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 13, 2020

Organization ProfileWWW.SAVANTPREPACADEMY.COM
PO Box 90243San Bernardino, CA 92427

(951) 907-6297

Siviq Scores

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

Liabilities / Assets

80th percentile

0.47x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

54th percentile

0.16x

Higher debt load relative to revenue than 54% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

73rd percentile

20%

Higher net margin than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

60th percentile

$81,900

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

90th percentile

72%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

89%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$670,118

Up $281,252 (+72%) from 2019

Net Assets

Up

$355,771

Up $380,184 (+1557%) from 2019

Liabilities

Down

$314,347

Down $98,932 (-24%) from 2019

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin73rd percentile

Revenue

Up

$1,907,325

Up $897,444 (+89%) from 2019

Expenses

Up

$1,527,141

Up $488,482 (+47%) from 2019

Net Income

Up

$380,184

Up $408,962 (+1421%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2019: $388,866Liabilities 2019: $413,279Net Assets 2019: -$24,4132019Assets 2020: $670,118Liabilities 2020: $314,347Net Assets 2020: $355,7712020Assets 2021: $1,195,692Liabilities 2021: $197,646Net Assets 2021: $998,0462021Assets 2022: $1,651,764Liabilities 2022: $95,450Net Assets 2022: $1,556,3142022Assets 2023: $2,241,019Liabilities 2023: $381,876Net Assets 2023: $1,859,1432023Assets 2024: $1,849,060Liabilities 2024: $230,632Net Assets 2024: $1,618,4282024Assets 2025: $1,655,641Liabilities 2025: $136,696Net Assets 2025: $1,518,9452025

Highlighted filing

2020

Assets$670,118
Liabilities$314,347
Net Assets$355,771
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $1,009,881Expenses 2019: $1,038,659Net Income 2019: -$28,7782019Revenue 2020: $1,907,325Expenses 2020: $1,527,141Net Income 2020: $380,1842020Revenue 2021: $2,302,881Expenses 2021: $1,660,606Net Income 2021: $642,2752021Revenue 2022: $2,800,620Expenses 2022: $2,248,360Net Income 2022: $552,2602022Revenue 2023: $4,012,475Expenses 2023: $3,709,646Net Income 2023: $302,8292023Revenue 2024: $4,293,368Expenses 2024: $4,534,083Net Income 2024: -$240,7152024Revenue 2025: $4,220,807Expenses 2025: $4,325,678Net Income 2025: -$104,8712025

Highlighted filing

2020

Revenue$1,907,325
Expenses$1,527,141
Net Income$380,184
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 13, 2020
Return Version
2019v5.0
Gross Receipts
$1,907,325
Mission and Program Overview

Mission

The savant preparatory academy of business (spab) is designed to provide an enriched and innovative educational experience that is rooted in financial literacy and entrepreneurship. We aim to balance both experiental and academic learning in order to prepare children for the deands of the 21st century, equip students with skills necessary to compete globally, and ensure that scholars are both career, college, and business ready. Spab fosters family choice and offers students and families with educational options for an exemplary education.

The savant preparatory academy of business (spab) is designed to provide an enriched and innovative educational experience that is rooted in financial literacy and entrepreneurship. We aim to balance both experiential and academic learning in order to prepare children for the demands of the 21st century, equip students with skills necessary to compete globally, and ensure that scholars are both career, college, and business ready. Spab fosters family choice and offers students and families with educational options for an exemplary education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,572$306,241▲ $300,669
Accounts Receivable$345,464$287,158▼ $58,306
Land, Buildings, and Equipment, Net$35,920$49,948▲ $14,028
Prepaid Expenses and Deferred Charges$1,910$26,771▲ $24,861
Total Assets$388,866$670,118▲ $281,252
Liabilities
Mortgage Notes Payable Secured by Investment Property$350,000$175,000▼ $175,000
Other Liabilities$8,632$112,171▲ $103,539
Accounts Payable and Accrued Expenses$54,647$25,159▼ $29,488
Grants Payable-$2,017-
Total Liabilities$413,279$314,347▼ $98,932
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-24,413$355,771▲ $380,184
Total Net Assets Fund Balance$-24,413$355,771▲ $380,184
Total Liabilities and Net Assets / Fund Balance$388,866$670,118▲ $281,252

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,135$1,562$35,697
Leasehold Improvements$15,813$1,129$16,942
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eva TillmanExecutive DiFT$77,000$4,900$81,900
Jea ReeseDirector ofFT$77,000$1,594$78,594

Board Members and Trustees

NameTitle
Trisha LancasterPresident
Brenda MontoyaMember
Sequila MaconMember
Stacia OlguinSecretary
Lori ScottTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,907,325
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,385
Change in Net Assets
$380,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,907,325
Total Revenue per Audited Statements
$1,907,325
Total Revenue per Form 990
$1,907,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$797,963
Salaries, Compensation, and Employee Benefits$729,178
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$445,162--$445,162
Current Officers, Directors, Trustees, and Key Employees$77,000$77,000-$154,000
Occupancy$80,936$20,234-$101,170
Fees for Services Accounting-$81,632-$81,632
Pension Plan Contributions$66,849--$66,849
Other Expenses$15,246$49,030-$64,276
Payroll Taxes$50,993$12,174-$63,167
Fees for Services Other$43,899$140-$44,039
Office Expenses-$18,609-$18,609
All Other Expenses$16,835--$16,835
Insurance-$16,427-$16,427
Information Technology$6,225$9,460-$15,685
Interest-$14,036-$14,036
Advertising-$11,717-$11,717
Travel$729$2,870-$3,599
Depreciation Depletion$2,692--$2,692
Fees for Services Legal-$580-$580
Total Functional Expenses$1,213,232$313,909$0$1,527,141

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,527,141
Total Expenses per Audited Statements$1,527,141
Total Expenses per Form 990$1,527,141
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
Due to Grantor Gov$112,171
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“This return will be provided to all board memebers before the filing of the return.”

Form 990, Page 6, Part VI, Line 12C

“The board completes form 700 which is monitored by the executive director, if a conflict arises the board member is asked to excuse himself/ herself from all discussions and voting on the issue.”

Form 990, Page 6, Part VI, Line 15B

“The board compared comparable non-profit educational organizations before approving the salary.”

Form 990, Page 6, Part VI, Line 19

“The documents are availabe upon request at the business address during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Savant Preparatory Academy Inc
EIN
82-1193065
Phone
9519076297
Address
PO BOX 90243, SAN BERNARDINO, CA 92427

Signing Officer

Name
Eva Tillman
Title
Executive Director
Phone
9519076297
Signed
2020-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jea Reese
Formed
2016
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
15
Volunteers
10

Preparer

Firm
Silva & Silva Cpas
Address
3040 SATURN ST SUITE 107, BREA, CA 92821
Preparer
Lisa Silva CPA
Phone
7145297707
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The savant preparatory academy of business (spab) is designed to provide an enriched and innovative educational experience that is rooted in financial literacy and entrepreneurship. We aim to balance both experiental and academic learning in order to prepare children for the deands of the 21st century, equip students with skills necessary to compete globally, and ensure that scholars are both career, college, and business ready. Spab fosters family choice and offers students and families with educational options for an exemplary education.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740 that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain. Accordingly, no accounting adjustment has been made to the financial statements.”

Raw XML Appendix384 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt054647
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025159
IRS990/AccountsReceivableGrp/BOYAmt0345464
IRS990/AccountsReceivableGrp/EOYAmt0287158
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE SAVANT PREPARATORY ACADEMY OF BUSINESS (SPAB) IS DESIGNED TO PROVIDE AN ENRICHED AND INNOVATIVE EDUCATIONAL EXPERIENCE THAT IS ROOTED IN FINANCIAL LITERACY AND ENTREPRENEURSHIP. WE AIM TO BALANCE BOTH EXPERIENTIAL AND ACADEMIC LEARNING IN ORDER TO PREPARE CHILDREN FOR THE DEMANDS OF THE 21ST CENTURY, EQUIP STUDENTS WITH SKILLS NECESSARY TO COMPETE GLOBALLY, AND ENSURE THAT SCHOLARS ARE BOTH CAREER, COLLEGE, AND BUSINESS READY. SPAB FOSTERS FAMILY CHOICE AND OFFERS STUDENTS AND FAMILIES WITH EDUCATIONAL OPTIONS FOR AN EXEMPLARY EDUCATION.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt011717
IRS990/AdvertisingGrp/TotalAmt011717
IRS990/AllOtherContributionsAmt09385
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016835
IRS990/AllOtherExpensesGrp/TotalAmt016835
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09519076297
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 90243
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO BOX 90243
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN BERNARDINO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092427
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05572
IRS990/CashNonInterestBearingGrp/EOYAmt0306241
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt077000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt077000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0154000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01907325
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0797963
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0380184
IRS990/CYSalariesCompEmpBnftPaidAmt0729178
IRS990/CYTotalExpensesAmt01527141
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01907325
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02692
IRS990/DepreciationDepletionGrp/TotalAmt02692
IRS990/Desc0A CALIFORNIA PUBLIC TK-6 CHARTER SCHOOL
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01213232
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt081632
IRS990/FeesForServicesAccountingGrp/TotalAmt081632
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0580
IRS990/FeesForServicesLegalGrp/TotalAmt0580
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0140
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt043899
IRS990/FeesForServicesOtherGrp/TotalAmt044039
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt54900
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt61594
IRS990/Form990PartVIISectionAGrp/PersonNm0TRISHA LANCASTER
IRS990/Form990PartVIISectionAGrp/PersonNm1LORI SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm2STACIA OLGUIN
IRS990/Form990PartVIISectionAGrp/PersonNm3SEQUILA MACON
IRS990/Form990PartVIISectionAGrp/PersonNm4BRENDA MONTOYA
IRS990/Form990PartVIISectionAGrp/PersonNm5EVA TILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JEA REESE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt577000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt677000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt01897940
IRS990/GrantsPayableGrp/EOYAmt02017
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01907325
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt09460
IRS990/InformationTechnologyGrp/ProgramServicesAmt06225
IRS990/InformationTechnologyGrp/TotalAmt015685
IRS990/InsuranceGrp/ManagementAndGeneralAmt016427
IRS990/InsuranceGrp/TotalAmt016427
IRS990/InterestGrp/ManagementAndGeneralAmt014036
IRS990/InterestGrp/TotalAmt014036
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02691
IRS990/LandBldgEquipBasisNetGrp/BOYAmt035920
IRS990/LandBldgEquipBasisNetGrp/EOYAmt049948
IRS990/LandBldgEquipCostOrOtherBssAmt052639
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE SAVANT PREPARATORY ACADEMY OF BUSINESS (SPAB) IS DESIGNED TO PROVIDE AN ENRICHED AND INNOVATIVE EDUCATIONAL EXPERIENCE THAT IS ROOTED IN FINANCIAL LITERACY AND ENTREPRENEURSHIP. WE AIM TO BALANCE BOTH EXPERIENTAL AND ACADEMIC LEARNING IN ORDER TO PREPARE CHILDREN FOR THE DEANDS OF THE 21ST CENTURY, EQUIP STUDENTS WITH SKILLS NECESSARY TO COMPETE GLOBALLY, AND ENSURE THAT SCHOLARS ARE BOTH CAREER, COLLEGE, AND BUSINESS READY. SPAB FOSTERS FAMILY CHOICE AND OFFERS STUDENTS AND FAMILIES WITH EDUCATIONAL OPTIONS FOR AN EXEMPLARY EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0350000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0175000
IRS990/NetAssetsOrFundBalancesBOYAmt0-24413
IRS990/NetAssetsOrFundBalancesEOYAmt0355771
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-24413
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0355771
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt020234
IRS990/OccupancyGrp/ProgramServicesAmt080936
IRS990/OccupancyGrp/TotalAmt0101170
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018609
IRS990/OfficeExpensesGrp/TotalAmt018609
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SPECIAL EDUCATION
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND LEASES
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049030
IRS990/OtherExpensesGrp/ProgramServicesAmt0239223
IRS990/OtherExpensesGrp/ProgramServicesAmt194003
IRS990/OtherExpensesGrp/ProgramServicesAmt273440
IRS990/OtherExpensesGrp/ProgramServicesAmt315246
IRS990/OtherExpensesGrp/TotalAmt0239223
IRS990/OtherExpensesGrp/TotalAmt194003
IRS990/OtherExpensesGrp/TotalAmt273440
IRS990/OtherExpensesGrp/TotalAmt364276
IRS990/OtherLiabilitiesGrp/BOYAmt08632
IRS990/OtherLiabilitiesGrp/EOYAmt0112171
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0445162
IRS990/OtherSalariesAndWagesGrp/TotalAmt0445162
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012174
IRS990/PayrollTaxesGrp/ProgramServicesAmt050993
IRS990/PayrollTaxesGrp/TotalAmt063167
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt066849
IRS990/PensionPlanContributionsGrp/TotalAmt066849
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01910
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026771
IRS990/PrincipalOfficerNm0JEA REESE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01009881
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0586802
IRS990/PYRevenuesLessExpensesAmt0-28778
IRS990/PYSalariesCompEmpBnftPaidAmt0451857
IRS990/PYTotalExpensesAmt01038659
IRS990/PYTotalRevenueAmt01009881
IRS990/ReconcilationRevenueExpnssAmt0380184
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt034135
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01562
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt035697
IRS990ScheduleD/ExpensesSubtotalAmt01527141
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015813
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01129
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016942
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0112171
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO GRANTOR GOV
IRS990ScheduleD/RevenueSubtotalAmt01907325
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN. ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt049948
IRS990ScheduleD/TotalExpensesPerForm990Amt01527141
IRS990ScheduleD/TotalLiabilityAmt0112171
IRS990ScheduleD/TotalRevenuePerForm990Amt01907325
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01907325
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01527141
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NON-DISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS, ENROLLMENT MATERIALS, AND OUR CHARTER BYLAWS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CALIFORNIA PUBLIC CHARTER SCHOOL NO FINANCIAL ASSISTANCE AWARDED
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2CALIFORNIA STATE APPORTIONMENT INCOME BASED ON STUDENT ATTENDANCE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SAVANT PREPARATORY ACADEMY OF BUSINESS (SPAB) IS DESIGNED TO PROVIDE AN ENRICHED AND INNOVATIVE EDUCATIONAL EXPERIENCE THAT IS ROOTED IN FINANCIAL LITERACY AND ENTREPRENEURSHIP. WE AIM TO BALANCE BOTH EXPERIENTAL AND ACADEMIC LEARNING IN ORDER TO PREPARE CHILDREN FOR THE DEANDS OF THE 21ST CENTURY, EQUIP STUDENTS WITH SKILLS NECESSARY TO COMPETE GLOBALLY, AND ENSURE THAT SCHOLARS ARE BOTH CAREER, COLLEGE, AND BUSINESS READY. SPAB FOSTERS FAMILY CHOICE AND OFFERS STUDENTS AND FAMILIES WITH EDUCATIONAL OPTIONS FOR AN EXEMPLARY EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS RETURN WILL BE PROVIDED TO ALL BOARD MEMEBERS BEFORE THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD COMPLETES FORM 700 WHICH IS MONITORED BY THE EXECUTIVE DIRECTOR, IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/ HERSELF FROM ALL DISCUSSIONS AND VOTING ON THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD COMPARED COMPARABLE NON-PROFIT EDUCATIONAL ORGANIZATIONS BEFORE APPROVING THE SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE AVAILABE UPON REQUEST AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0388866
IRS990/TotalAssetsEOYAmt0670118
IRS990/TotalAssetsGrp/BOYAmt0388866
IRS990/TotalAssetsGrp/EOYAmt0670118
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01907325
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0313909
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01213232
IRS990/TotalFunctionalExpensesGrp/TotalAmt01527141
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0413279
IRS990/TotalLiabilitiesEOYAmt0314347
IRS990/TotalLiabilitiesGrp/BOYAmt0413279
IRS990/TotalLiabilitiesGrp/EOYAmt0314347
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-24413
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0355771
IRS990/TotalOtherCompensationAmt06494
IRS990/TotalProgramServiceExpensesAmt01213232
IRS990/TotalReportableCompFromOrgAmt0154000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01907325
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0388866
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0670118
IRS990/TravelGrp/ManagementAndGeneralAmt02870
IRS990/TravelGrp/ProgramServicesAmt0729
IRS990/TravelGrp/TotalAmt03599
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SAVANTPREPACADEMY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EVA TILLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09519076297
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAVANT PREPARATORY ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0SAVA
ReturnHeader/Filer/EIN0821193065
ReturnHeader/Filer/PhoneNum09519076297
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 90243
ReturnHeader/Filer/USAddress/CityNm0SAN BERNARDINO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092427
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A2A69F53F57C139D20F7B5EE51ABE314911BB297
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A2A69F53F57C139D20F7B5EE51ABE314911BB297
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.81.187.82
ReturnHeader/FilingSecurityInformation/IPDt02020-11-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:01:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952803203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SILVA & SILVA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03040 SATURN ST SUITE 107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092821
ReturnHeader/PreparerPersonGrp/PhoneNum07145297707
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA SILVA CPA
ReturnHeader/ReturnTs02020-11-04T11:01:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$670,118
Liabilities
$314,347
Net assets
$355,771
Revenue
$1,907,325
Expenses
$1,527,141
Net income
$380,184
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.14$1.52$4.22$4.33$0.10
2024Detailed filing. Detailed filing data is available for this year.$1.85$0.23$1.62$4.29$4.53$0.24
2023Detailed filing. Detailed filing data is available for this year.$2.24$0.38$1.86$4.01$3.71$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.65$0.10$1.56$2.80$2.25$0.55
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.20$1.00$2.30$1.66$0.64
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.31$0.36$1.91$1.53$0.38
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.41$0.02$1.01$1.04$0.03