Civic Intelligence

Maac Community Charter School

990 • Fiscal year 2022 • EIN 85-1715340

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 20, 2022

1385 3rd AvenueChula Vista, CA 91911

(619) 426-2173

Siviq Scores

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

Liabilities / Assets

88th percentile

0.63x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.34x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

36th percentile

0.2%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

96th percentile

$353,850

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

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

Asset Growth

41st percentile

-1.6%

Faster asset growth than 41% of similar nonprofits.

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

Revenue Growth

41st percentile

0.6%

Faster revenue growth than 41% of similar nonprofits.

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

Assets

Down

$2,008,458

Down $32,783 (-1.6%) from 2021

Net Assets

Up

$738,863

Up $5,813 (+0.8%) from 2021

Liabilities

Down

$1,269,595

Down $38,596 (-3.0%) from 2021

Revenue

Up

$3,732,995

Up $22,030 (+0.6%) from 2021

Expenses

Up

$3,727,182

Up $359,133 (+11%) from 2021

Net Income

Down

$5,813

Down $337,103 (-98%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2021: $2,041,241Liabilities 2021: $1,308,191Net Assets 2021: $733,0502021Assets 2022: $2,008,458Liabilities 2022: $1,269,595Net Assets 2022: $738,8632022Assets 2023: $2,431,353Liabilities 2023: $1,513,683Net Assets 2023: $917,6702023Assets 2024: $2,904,220Liabilities 2024: $1,461,001Net Assets 2024: $1,443,2192024

Highlighted filing

2022

Assets$2,008,458
Liabilities$1,269,595
Net Assets$738,863

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2021: $3,710,965Expenses 2021: $3,368,049Net Income 2021: $342,9162021Revenue 2022: $3,732,995Expenses 2022: $3,727,182Net Income 2022: $5,8132022Revenue 2023: $3,651,220Expenses 2023: $3,472,413Net Income 2023: $178,8072023Revenue 2024: $4,152,930Expenses 2024: $3,627,381Net Income 2024: $525,5492024

Highlighted filing

2022

Revenue$3,732,995
Expenses$3,727,182
Net Income$5,813
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 20, 2022
Return Version
2021v4.1
Gross Receipts
$3,732,995
Mission and Program Overview

Mission

Maac community charter school is a tuition-free high school in chula vista, california.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$903,975--
Savings and Temporary Cash Investments$781,389$719,653▼ $61,736
Accounts Receivable$0$447,097▲ $447,097
Land, Buildings, and Equipment, Net$183,336$108,037▼ $75,299
Cash and Non-Interest-Bearing Accounts$167,782$94,614▼ $73,168
Prepaid Expenses and Deferred Charges$4,759$7,530▲ $2,771
Total Assets$2,041,241$2,008,458▼ $32,783
Other Assets Total-$631,527-
Liabilities
Accounts Payable and Accrued Expenses$1,031,249$1,011,344▼ $19,905
Deferred Revenue$276,942$258,251▼ $18,691
Total Liabilities$1,308,191$1,269,595▼ $38,596
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$733,050$738,863▲ $5,813
Total Net Assets Fund Balance$733,050$738,863▲ $5,813
Total Liabilities and Net Assets / Fund Balance$2,041,241$2,008,458▼ $32,783

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$84,816$249,449$334,265
Equipment$23,221$106,591$129,812
Land$0-$0
Other Assets Org$631,527--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arnulfo ManriquezCEO Maac--$353,850$353,850
Lisette IslasEvp/chief Impact Officer Maac--$261,975$261,975
Austin FoyeV.p. CFO Maac--$219,944$219,944
Adolfo VenturaVP/COO Maac--$202,776$202,776
Tommy RamirezDirector of the SchoolFT$106,379-$106,379

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,729,041
Program Service Revenue
$0
Investment Income
$3,954
Other Revenue
$0
All Other Contributions
$124,033
Change in Net Assets
$5,813

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,732,995
Total Revenue per Audited Statements
$3,732,995
Total Revenue per Form 990
$3,732,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,226,763
Other Expenses$1,500,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,037,302$585,488$0$1,622,790
Occupancy$357,333$0$0$357,333
Other Employee Benefits$150,678$85,030$0$235,708
Other Expenses$0$222,282$0$222,282
Office Expenses$173,864$0$0$173,864
Pension Plan Contributions$88,354$49,860$0$138,214
Payroll Taxes$79,058$44,614$0$123,672
Fees for Services Accounting$107,021$10,800$0$117,821
Current Officers, Directors, Trustees, and Key Employees$68,083$38,296$0$106,379
Depreciation Depletion$75,299$0$0$75,299
Fees for Services Legal$0$48,263$0$48,263
Fees for Services Other$0$44,019$0$44,019
Insurance$0$40,449$0$40,449
All Other Expenses$18,086$22,020$0$40,106
Conferences and Meetings$16,673$0$0$16,673
Advertising$0$324$0$324
Total Functional Expenses$2,501,257$1,225,925$0$3,727,182

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,727,182
Total Expenses per Audited Statements$3,727,182
Total Expenses per Form 990$3,727,182
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Maac Community Charter School
EIN
85-1715340
Phone
6194262173
Address
1385 3RD AVENUE, CHULA VISTA, CA 91911

Signing Officer

Name
Arnulfo Manriquez
Title
PRESIDENT and CEO
Phone
6194262173
Signed
2022-09-20
Discuss with paid preparer
Yes

Organization Details

Formed
2019
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Holthouse Carlin & Van Trigt Llp
Address
11444 W OLYMPIC BLVD 11TH FLOOR, LOS ANGELES, CA 90064
Preparer
Jonathan Siao
Phone
3105661900
Supplemental Narrative

Additional Explanations

Pt VI, Line 15A

The organization approves compensation arrangements based on information about compensation paid by similarly situated taxable or tax-exempt organizations for similar services, current compensation surveys compiled by independent firms and actual written offers from similarly situated organiations.

Pt VI, Line 15B

SEE EXPLANATION FOR Pt VI, Line 15a, ABOVE.

Other

Payroll and related costs are allocated to the organization by maac.

Pt VI, Line 12C

These are monitored annually through the public disclosure process that is required by law.

Pt VI, Line 11B

This procedure will be followed in the future.

Financial Statement Notes

Pt X, Line 2

The school follows provisions of uncertain tax positions as addressed in asc 958. The school recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision, when applicable. There are no amounts accrued in the financial statements related to uncertain tax positions for the year ended june 30, 2022.

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IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt116643
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217837
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3222282
IRS990/OtherExpensesGrp/ProgramServicesAmt0329506
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0329506
IRS990/OtherExpensesGrp/TotalAmt116643
IRS990/OtherExpensesGrp/TotalAmt217837
IRS990/OtherExpensesGrp/TotalAmt3222282
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0585488
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01037302
IRS990/OtherSalariesAndWagesGrp/TotalAmt01622790
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt044614
IRS990/PayrollTaxesGrp/ProgramServicesAmt079058
IRS990/PayrollTaxesGrp/TotalAmt0123672
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt049860
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt088354
IRS990/PensionPlanContributionsGrp/TotalAmt0138214
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0903975
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04759
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07530
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0ARNULFO MANRIQUEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03704931
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06034
IRS990/PYOtherExpensesAmt01270659
IRS990/PYRevenuesLessExpensesAmt0342916
IRS990/PYSalariesCompEmpBnftPaidAmt02097390
IRS990/PYTotalExpensesAmt03368049
IRS990/PYTotalRevenueAmt03710965
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05813
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0631527
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0781389
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0719653
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
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/BookValueAmt084816
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0249449
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0334265
IRS990ScheduleD/EquipmentGrp/BookValueAmt023221
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106591
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0129812
IRS990ScheduleD/ExpensesSubtotalAmt03727182
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0631527
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATE
IRS990ScheduleD/RevenueSubtotalAmt03732995
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL FOLLOWS PROVISIONS OF UNCERTAIN TAX POSITIONS AS ADDRESSED IN ASC 958. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0108037
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0631527
IRS990ScheduleD/TotalExpensesPerForm990Amt03727182
IRS990ScheduleD/TotalRevenuePerForm990Amt03732995
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03732995
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03727182
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/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVES FEDERAL, STATE AND LOCAL CONTRACTS AND GRANTS CONDITIONED UPON CERTAIN PERFORMANCE REQUIREMENTS AND THE INCURRENCE OF ALLOWABLE QUALIFYING EXPENSES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0314744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1186151
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2192149
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3226468
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10

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