Civic Intelligence

Issac Org Inc.

990 • Fiscal year 2020 • EIN 83-1619714

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 13, 2021

Organization ProfileISSACCHARTER.ORG
44 El CencerroRancho Santa Margarita, CA 92688

(949) 441-4500

Siviq Scores

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

Liabilities / Assets

95th percentile

1.29x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.43x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

24th percentile

-9.7%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$3,487

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

$315,109

No earlier filing loaded for comparison.

Net Assets

-$92,182

No earlier filing loaded for comparison.

Liabilities

$407,291

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin24th percentile

Revenue

$950,832

No earlier filing loaded for comparison.

Expenses

$1,043,014

No earlier filing loaded for comparison.

Net Income

-$92,182

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.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2020: $315,109Liabilities 2020: $407,291Net Assets 2020: -$92,1822020Assets 2021: $689,218Liabilities 2021: $606,870Net Assets 2021: $82,3482021Assets 2022: $771,739Liabilities 2022: $499,601Net Assets 2022: $272,1382022Assets 2024: $1,623,481Liabilities 2024: $573,731Net Assets 2024: $1,049,7502024Assets 2025: $1,450,954Liabilities 2025: $282,194Net Assets 2025: $1,168,7602025

Highlighted filing

2020

Assets$315,109
Liabilities$407,291
Net Assets-$92,182
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $950,832Expenses 2020: $1,043,014Net Income 2020: -$92,1822020Revenue 2021: $1,531,572Expenses 2021: $1,357,042Net Income 2021: $174,5302021Revenue 2022: $2,168,212Expenses 2022: $1,978,422Net Income 2022: $189,7902022Revenue 2024: $2,018,883Expenses 2024: $2,060,761Net Income 2024: -$41,8782024Revenue 2025: $1,772,749Expenses 2025: $1,653,739Net Income 2025: $119,0102025

Highlighted filing

2020

Revenue$950,832
Expenses$1,043,014
Net Income-$92,182
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 13, 2021
Return Version
2019v5.1
Gross Receipts
$950,832
Mission and Program Overview

Mission

To develop students as self-motivated, confident, competent, lifelong learners to solve problems, innovate ideas and participate in a diverse, global society.

To pursue stream, trilingualism and social emotional learning

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$104,248$190,222▲ $85,974
Cash and Non-Interest-Bearing Accounts-$110,886-
Accounts Receivable-$8,040-
Loans From Officers Directors-$6,000-
Land, Buildings, and Equipment, Net$0$2,536▲ $2,536
Savings and Temporary Cash Investments-$2,125-
Prepaid Expenses and Deferred Charges-$1,300-
Total Assets$104,248$315,109▲ $210,861
Liabilities
Unsecured Notes Loans Payable-$250,000-
Accounts Payable and Accrued Expenses$104,248$151,291▲ $47,043
Total Liabilities$104,248$407,291▲ $303,043
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$8,040-
Net Assets Without Donor Restrictions-$-100,222-
Total Net Assets Fund Balance$0$-92,182▼ $92,182
Total Liabilities and Net Assets / Fund Balance$104,248$315,109▲ $210,861

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,536$65$2,601
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Padmini SrinivasanExecutive DirectorFT$3,487$3,487

Board Members and Trustees

NameTitle
Chiung-sally ChouPresident
Vanessa BesackPresident
Katie GotoMember
Priscilla DoorbarMember
Thu NguyenMember
Jad AllamSecretary
Virginia CarrilloSecretary
Emily MaekuboTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$936,595
Program Service Revenue
$0
Investment Income
$118
Other Revenue
$14,119
All Other Contributions
$27,633
Change in Net Assets
$-92,182

Audited Revenue Reconciliation

Revenue per Audited Statements
$950,832
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$950,832
Total Revenue per Form 990
$950,832
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$565,871
Other Expenses$477,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$367,172$78,686-$445,858
Occupancy$95,831$21,436-$117,267
Fees for Services Other$57,036$23,821-$80,857
Other Employee Benefits$62,397$13,957-$76,354
Fees for Services Management$3,300$55,229-$58,529
Office Expenses$30,240$9,500-$39,740
Payroll Taxes$28,428$6,359-$34,787
Insurance$17,956$4,016-$21,972
Advertising-$15,228-$15,228
Current Officers, Directors, Trustees, and Key Employees$4,436$4,436-$8,872
Fees for Services Legal-$7,170-$7,170
Information Technology$5,169$1,156-$6,325
Interest-$2,821-$2,821
Travel-$879-$879
Other Expenses$1,326$470-$470
Fees for Services Accounting-$368-$368
Depreciation Depletion$65--$65
Total Functional Expenses$793,981$249,033$0$1,043,014

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,043,014
Total Expenses per Audited Statements$1,043,014
Total Expenses per Form 990$1,043,014
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-$6,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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 A, Line 8B

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

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

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

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

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

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

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action. Decisions are recorded in the minutes of the board meeting and in separate instructions to the executive director to implement the decisions.”

Form 990, Part VI, Section C, Line 19

“The organization's form 990 is available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Issac Org Inc
EIN
83-1619714
Phone
9494414500
Address
44 EL CENCERRO, RANCHO SANTA MARGARITA, CA 92688
Doing Business As
Issac Charter School

Signing Officer

Name
Padmini Srinivasan
Title
Executive Director
Phone
9494414500
Signed
2021-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Padmini Srinivasan
Formed
2018
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
17
Volunteers
55

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Derrick De Bruyne
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990. Part XII, Line 2C

“Not applicable, considering the organization was in its first year of operations.”

Financial Statement Notes

PART X, LINE 2:

“The school is a nonprofit entity exempt from the payment of income taxes under internal revenue code section (irc) 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The school is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. The school files an exempt school return and applicable unrelated business income tax return in the u.s. Federal jurisdiction and with the california franchise tax board.”

Raw XML AppendixShowing 400 of 435 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0104248
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0151291
IRS990/AccountsReceivableGrp/EOYAmt08040
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PURSUE STREAM, TRILINGUALISM AND SOCIAL EMOTIONAL LEARNING
IRS990/AdvertisingGrp/ManagementAndGeneralAmt015228
IRS990/AdvertisingGrp/TotalAmt015228
IRS990/AllOtherContributionsAmt027633
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0PADMINI SRINIVASAN
IRS990/BooksInCareOfDetail/PhoneNum09494414500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02131 TUSTIN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0COSTA MESA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092627
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0110886
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04436
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt04436
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt08872
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0936595
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0118
IRS990/CYOtherExpensesAmt0477143
IRS990/CYOtherRevenueAmt014119
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-92182
IRS990/CYSalariesCompEmpBnftPaidAmt0565871
IRS990/CYTotalExpensesAmt01043014
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0950832
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt065
IRS990/DepreciationDepletionGrp/TotalAmt065
IRS990/Desc0PROVIDED A BALANCED APPROACH TO MODERN EDUCATION TO ENSURE THAT STUDENTS EXCEL IN ACADEMICS, LANGUAGE, CULTURAL EXCHANGE, SELF-DEVELOPMENT AND COMMUNITY BUILDING. PROVIDED A TUITION-FREE CHOICE FOR CHILDREN TO LEARN, ACHIEVE AND BE SUPPORTED AS FUTURE LEADERS IN SOCIETY. THE SCHOOL SERVED APPROXIMATELY 66 STUDENTS IN 2019-2020.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ISSAC CHARTER SCHOOL
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt08040
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0793981
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0368
IRS990/FeesForServicesAccountingGrp/TotalAmt0368
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07170
IRS990/FeesForServicesLegalGrp/TotalAmt07170
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt055229
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt03300
IRS990/FeesForServicesManagementGrp/TotalAmt058529
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt023821
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt057036
IRS990/FeesForServicesOtherGrp/TotalAmt080857
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0CHIUNG-SALLY CHOU
IRS990/Form990PartVIISectionAGrp/PersonNm1VANESSA BESACK
IRS990/Form990PartVIISectionAGrp/PersonNm2EMILY MAEKUBO
IRS990/Form990PartVIISectionAGrp/PersonNm3JAD ALLAM
IRS990/Form990PartVIISectionAGrp/PersonNm4VIRGINIA CARRILLO
IRS990/Form990PartVIISectionAGrp/PersonNm5THU NGUYEN
IRS990/Form990PartVIISectionAGrp/PersonNm6PRISCILLA DOORBAR
IRS990/Form990PartVIISectionAGrp/PersonNm7KATIE GOTO
IRS990/Form990PartVIISectionAGrp/PersonNm8PADMINI SRINIVASAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt83487
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0908962
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0950832
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01156
IRS990/InformationTechnologyGrp/ProgramServicesAmt05169
IRS990/InformationTechnologyGrp/TotalAmt06325
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04016
IRS990/InsuranceGrp/ProgramServicesAmt017956
IRS990/InsuranceGrp/TotalAmt021972
IRS990/InterestGrp/ManagementAndGeneralAmt02821
IRS990/InterestGrp/TotalAmt02821
IRS990/InvestmentIncomeGrp/ExclusionAmt0118
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0118
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt065
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02536
IRS990/LandBldgEquipCostOrOtherBssAmt02601
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt06000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP STUDENTS AS SELF-MOTIVATED, CONFIDENT, COMPETENT, LIFELONG LEARNERS TO SOLVE PROBLEMS, INNOVATE IDEAS AND PARTICIPATE IN A DIVERSE, GLOBAL SOCIETY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt0-92182
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-100222
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021436
IRS990/OccupancyGrp/ProgramServicesAmt095831
IRS990/OccupancyGrp/TotalAmt0117267
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09500
IRS990/OfficeExpensesGrp/ProgramServicesAmt030240
IRS990/OfficeExpensesGrp/TotalAmt039740
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013957
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062397
IRS990/OtherEmployeeBenefitsGrp/TotalAmt076354
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1OTHER TAXES AND FEES
IRS990/OtherExpensesGrp/Desc2SPECIAL ACTIVITIES
IRS990/OtherExpensesGrp/Desc3DUES & MEMBERSHIP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0165
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13336
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2470
IRS990/OtherExpensesGrp/ProgramServicesAmt0120625
IRS990/OtherExpensesGrp/ProgramServicesAmt11326
IRS990/OtherExpensesGrp/TotalAmt0120790
IRS990/OtherExpensesGrp/TotalAmt13336
IRS990/OtherExpensesGrp/TotalAmt21326
IRS990/OtherExpensesGrp/TotalAmt3470
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER FEES AND CONTRAC
IRS990/OtherRevenueMiscGrp/Desc1FOOD SERVICE SALES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014041
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt178
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014041
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt178
IRS990/OtherRevenueTotalAmt014119
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078686
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0367172
IRS990/OtherSalariesAndWagesGrp/TotalAmt0445858
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06359
IRS990/PayrollTaxesGrp/ProgramServicesAmt028428
IRS990/PayrollTaxesGrp/TotalAmt034787
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0104248
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0190222
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01300
IRS990/PrincipalOfficerNm0PADMINI SRINIVASAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYContributionsGrantsAmt0104248
IRS990/PYExcessBenefitTransInd00
IRS990/PYOtherExpensesAmt0104248
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYTotalExpensesAmt0104248
IRS990/PYTotalRevenueAmt0104248
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-92182
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014119
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02125
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02536
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02601
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01043014
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0950832
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION (IRC) 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE SCHOOL FILES AN EXEMPT SCHOOL RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02536
IRS990ScheduleD/TotalExpensesPerForm990Amt01043014
IRS990ScheduleD/TotalRevenuePerForm990Amt0950832
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0950832
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01043014
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 SCHOOL PUBLICIZES ITS POLICY IN ITS REGISTRATION MATERIALS AND DOCUMENTS TO SOLICIT STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO RECORDS DOCUMENTING THAT SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE ARE MAINTAINED AS THE SCHOOL PROVIDES NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2ISSAC CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt06000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GENERAL SCHOOL USE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt06000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0PADMINI SRINIVASAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt06000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINE BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION. DECISIONS ARE RECORDED IN THE MINUTES OF THE BOARD MEETING AND IN SEPARATE INSTRUCTIONS TO THE EXECUTIVE DIRECTOR TO IMPLEMENT THE DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE, CONSIDERING THE ORGANIZATION WAS IN ITS FIRST YEAR OF OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990. PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0104248
IRS990/TotalAssetsEOYAmt0315109
IRS990/TotalAssetsGrp/BOYAmt0104248
IRS990/TotalAssetsGrp/EOYAmt0315109
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0936595
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0249033
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0793981
IRS990/TotalFunctionalExpensesGrp/TotalAmt01043014
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0104248
IRS990/TotalLiabilitiesEOYAmt0407291
IRS990/TotalLiabilitiesGrp/BOYAmt0104248
IRS990/TotalLiabilitiesGrp/EOYAmt0407291
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-92182
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0793981
IRS990/TotalReportableCompFromOrgAmt03487
IRS990/TotalRevenueGrp/ExclusionAmt0118
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014119
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0950832
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt055
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0104248
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0315109
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0879
IRS990/TravelGrp/TotalAmt0879
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0250000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt044 EL CENCERRO

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
$315,109
Liabilities
$407,291
Net assets
-$92,182
Revenue
$950,832
Expenses
$1,043,014
Net income
-$92,182
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.28$1.17$1.77$1.65$0.12
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.57$1.05$2.02$2.06$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.50$0.27$2.17$1.98$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.61$0.08$1.53$1.36$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.41$0.09$0.95$1.04$0.09