Civic Intelligence

Kidinnu Academy

990 • Fiscal year 2022 • EIN 82-5223105

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

1025 North Second StreetEl Cajon, CA 92021-5844

(619) 938-4864

Siviq Scores

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

Liabilities / Assets

81st percentile

0.42x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.27x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

90th percentile

$197,069

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

92nd percentile

79%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

75th percentile

33%

Faster revenue growth than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,979,937

Up $873,049 (+79%) from 2021

Net Assets

Up

$1,158,025

Up $549,142 (+90%) from 2021

Liabilities

Up

$821,912

Up $323,907 (+65%) from 2021

Revenue

Up

$3,016,470

Up $750,291 (+33%) from 2021

Expenses

Up

$2,431,976

Up $685,471 (+39%) from 2021

Net Income

Up

$584,494

Up $64,820 (+12%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2020: $443,945Liabilities 2020: $354,736Net Assets 2020: $89,2092020Assets 2021: $1,106,888Liabilities 2021: $498,005Net Assets 2021: $608,8832021Assets 2022: $1,979,937Liabilities 2022: $821,912Net Assets 2022: $1,158,0252022Assets 2023: $11,522,376Liabilities 2023: $9,595,177Net Assets 2023: $1,927,1992023Assets 2024: $12,155,998Liabilities 2024: $9,576,597Net Assets 2024: $2,579,4012024

Highlighted filing

2022

Assets$1,979,937
Liabilities$821,912
Net Assets$1,158,025

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2020: $1,457,931Expenses 2020: $1,335,170Net Income 2020: $122,7612020Revenue 2021: $2,266,179Expenses 2021: $1,746,505Net Income 2021: $519,6742021Revenue 2022: $3,016,470Expenses 2022: $2,431,976Net Income 2022: $584,4942022Revenue 2023: $4,421,846Expenses 2023: $3,603,692Net Income 2023: $818,1542023Revenue 2024: $6,751,755Expenses 2024: $6,137,030Net Income 2024: $614,7252024

Highlighted filing

2022

Revenue$3,016,470
Expenses$2,431,976
Net Income$584,494
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$3,016,470
Mission and Program Overview

Mission

At kidinnu, a 21st century model of instruction will incorporate an integrated and thematic approach based on the best thinking in education today. Learning will be both active and personalized.

The organization is a california public charter school serving students in grades tk to 4.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$228,906$1,395,423▲ $1,166,517
Cash and Non-Interest-Bearing Accounts$75,544$471,158▲ $395,614
Accounts Receivable$729,377$72,923▼ $656,454
Prepaid Expenses and Deferred Charges$15,498$22,445▲ $6,947
Land, Buildings, and Equipment, Net$57,563$17,988▼ $39,575
Loans From Officers Directors$50,000$12,499▼ $37,501
Total Assets$1,106,888$1,979,937▲ $873,049
Liabilities
Deferred Revenue$67,295$406,077▲ $338,782
Unsecured Notes Loans Payable$250,000$195,401▼ $54,599
Accounts Payable and Accrued Expenses$130,710$189,602▲ $58,892
Other Liabilities$0$18,333▲ $18,333
Total Liabilities$498,005$821,912▲ $323,907
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$565,936$1,049,036▲ $483,100
Net Assets With Donor Restrictions$42,947$108,989▲ $66,042
Total Net Assets Fund Balance$608,883$1,158,025▲ $549,142
Total Liabilities and Net Assets / Fund Balance$1,106,888$1,979,937▲ $873,049

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,283$80,000$85,283
Leasehold Improvements$7,705$58,525$66,230
Other Land Buildings$5,000-$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christin BarkasDirectorFT$158,580$38,489$197,069

Board Members and Trustees

NameTitle
Noori Barka Ph DPresident
Keith EsshakiVice President
Dina PolusDirector
Roseann Rinear Ed DDirector
Souad NaoumDirector
Colleen AttarSecretary
Michael RundlettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,012,320
Program Service Revenue
$0
Investment Income
$3,659
Other Revenue
$491
Change in Net Assets
$584,494

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,016,470
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-35,352
Total Revenue per Audited Statements
$2,981,118
Total Revenue per Form 990
$3,016,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,323,979
Other Expenses$1,107,997
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$807,161$33,071-$840,232
Occupancy$203,929$24,940-$228,869
Pension Plan Contributions$196,449$23,285-$219,734
Current Officers, Directors, Trustees, and Key Employees$86,830$86,830-$173,660
Fees for Services Accounting-$62,218-$62,218
Fees for Services Other$22,053$32,968-$55,021
Other Employee Benefits$42,031$9,600-$51,631
Depreciation Depletion$42,139$1,144-$43,283
Information Technology$1,875$41,407-$43,282
Payroll Taxes$35,107$3,615-$38,722
Insurance$27,180$5,567-$32,747
Other Expenses$0$23,429-$23,429
Office Expenses$10,483$1,302-$11,785
Fees for Services Legal$9,886--$9,886
Conferences and Meetings$8,821--$8,821
Travel-$3,433-$3,433
Interest$656$1,747-$2,403
Total Functional Expenses$2,043,700$388,276$0$2,431,976

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,431,976
Total Expenses per Audited Statements$2,431,976
Total Expenses per Form 990$2,431,976
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$50,000$12,499▼ $37,501
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$18,333
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Part VI, Section B, Line 11B

The form 990 is initially reviewed by the business services provider and the principal and then reviewed by the board prior to filing the return.

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

Monitoring is performed regularly by the officers to identify potential conflicts of interest.

Form 990, Part VI, Section B, Line 15A

The process includes the following elements: review and approval by the board or principal, use of data to similar industries for comparable compensation, and contemporaneous documentation and record keeping.

Form 990, Part VI, Section C, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kidinnu Academy
EIN
82-5223105
Phone
6199384864
Address
1025 NORTH SECOND STREET, EL CAJON, CA 92021-5844

Signing Officer

Name
Christin Barkas
Title
Executive Director/principal
Phone
6199384864
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
29
Volunteers
13

Preparer

Firm
Christy White Associates
Address
348 OLIVE STREET, SAN DIEGO, CA 92103
Preparer
Marcy Kearney
Phone
6192708222
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management believes all of its significant tax positions would be upheld under examination; therefore, no provision for income tax has been recorded.

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IRS990/PYOtherRevenueAmt06348
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0519674
IRS990/PYSalariesCompEmpBnftPaidAmt0955895
IRS990/PYTotalExpensesAmt01746505
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02266179
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0584494
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0228906
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01395423
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05283
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080000
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt085283
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02431976
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07705
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt058525
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt066230
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-35352
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt0-35352
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03016470
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES ALL OF ITS SIGNIFICANT TAX POSITIONS WOULD BE UPHELD UNDER EXAMINATION; THEREFORE, NO PROVISION FOR INCOME TAX HAS BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017988
IRS990ScheduleD/TotalExpensesPerForm990Amt02431976
IRS990ScheduleD/TotalLiabilityAmt018333
IRS990ScheduleD/TotalRevenuePerForm990Amt03016470
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02981118
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02431976
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PUBLICIZED ITS POLICY ON ITS WEBSITE. PURSUANT TO CALIFORNIA STATE LAW, AS A CHARTER SCHOOL, THE ORGANIZATION IS REQUIRED TO BE NON-DISCRIMINATORY AS A MATTER OF POLICY AS STATED IN CHARTER PETITION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL WHICH OPERATES TUITION-FREE; THEREFORE, SCHOLARSHIPS AND FINANCIAL ASSISTANCE ARE NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION, THE SAN DIEGO COUNTY OFFICE OF EDUCATION AND THE CAJON VALLEY UNION SCHOOL DISTRICT AS PART OF ITS OPERATION AS A PUBLIC CHARTER SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0158580
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt025373
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013116
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTIN BARKAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0197069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt012499
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO FUND START UP COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NOORI BARKA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt012499
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS INITIALLY REVIEWED BY THE BUSINESS SERVICES PROVIDER AND THE PRINCIPAL AND THEN REVIEWED BY THE BOARD PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS INCLUDES THE FOLLOWING ELEMENTS: REVIEW AND APPROVAL BY THE BOARD OR PRINCIPAL, USE OF DATA TO SIMILAR INDUSTRIES FOR COMPARABLE COMPENSATION, AND CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01106888
IRS990/TotalAssetsEOYAmt01979937
IRS990/TotalAssetsGrp/BOYAmt01106888
IRS990/TotalAssetsGrp/EOYAmt01979937
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt03012320
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0388276
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02043700
IRS990/TotalFunctionalExpensesGrp/TotalAmt02431976
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0498005
IRS990/TotalLiabilitiesEOYAmt0821912

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