Civic Intelligence

Tvcs

990 • Fiscal year 2020 • EIN 91-2148654

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 20, 2020

Organization ProfileWWW.TEMECULAVALLEYCHARTER.COM
35755 Abelia StreetWinchester, CA 92596

(951) 294-6775

Siviq Scores

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

Liabilities / Assets

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

53rd percentile

5.8%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

25th percentile

$48,582

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

19th percentile

-2.7%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-1.2%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets28th percentile

Assets

Down

$6,103,603

Down $172,242 (-2.7%) from 2019

Net Assets

Up

$5,872,877

Up $25,244 (+0.4%) from 2019

Liabilities

Down

$230,726

Down $197,486 (-46%) from 2019

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin53rd percentile

Revenue

Down

$5,505,294

Down $67,087 (-1.2%) from 2019

Expenses

Up

$5,185,876

Up $378,668 (+7.9%) from 2019

Net Income

Down

$319,418

Down $445,755 (-58%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$15M$10M$5.0M$0Assets 2014: $1,843,622Liabilities 2014: $273,203Net Assets 2014: $1,570,4192014Assets 2015: $2,790,767Liabilities 2015: $190,683Net Assets 2015: $2,600,0842015Assets 2016: $3,700,776Liabilities 2016: $220,456Net Assets 2016: $3,480,3202016Assets 2017: $4,558,291Liabilities 2017: $269,678Net Assets 2017: $4,288,6132017Assets 2018: $5,400,124Liabilities 2018: $317,664Net Assets 2018: $5,082,4602018Assets 2019: $6,275,845Liabilities 2019: $428,212Net Assets 2019: $5,847,6332019Assets 2020: $6,103,603Liabilities 2020: $230,726Net Assets 2020: $5,872,8772020Assets 2021: $7,731,512Liabilities 2021: $1,207,833Net Assets 2021: $6,523,6792021Assets 2022: $8,074,419Liabilities 2022: $556,834Net Assets 2022: $7,517,5852022Assets 2023: $9,433,129Liabilities 2023: $1,083,558Net Assets 2023: $8,349,5712023Assets 2024: $9,798,568Liabilities 2024: $829,299Net Assets 2024: $8,969,2692024Assets 2025: $11,370,357Liabilities 2025: $816,751Net Assets 2025: $10,553,6062025

Highlighted filing

2020

Assets$6,103,603
Liabilities$230,726
Net Assets$5,872,877
Open 2020 Filing

Operations Trend

Revenue Growth42nd percentile

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

$10M$5.0M$0Revenue 2014: $3,517,944Expenses 2014: $2,649,601Net Income 2014: $868,3432014Revenue 2015: $4,121,230Expenses 2015: $3,091,565Net Income 2015: $1,029,6652015Revenue 2016: $4,407,147Expenses 2016: $3,526,911Net Income 2016: $880,2362016Revenue 2017: $4,693,689Expenses 2017: $3,885,396Net Income 2017: $808,2932017Revenue 2018: $4,821,414Expenses 2018: $4,027,567Net Income 2018: $793,8472018Revenue 2019: $5,572,381Expenses 2019: $4,807,208Net Income 2019: $765,1732019Revenue 2020: $5,505,294Expenses 2020: $5,185,876Net Income 2020: $319,4182020Revenue 2021: $5,925,963Expenses 2021: $5,275,161Net Income 2021: $650,8022021Revenue 2022: $6,520,947Expenses 2022: $5,527,041Net Income 2022: $993,9062022Revenue 2023: $7,326,568Expenses 2023: $6,494,582Net Income 2023: $831,9862023Revenue 2024: $7,548,163Expenses 2024: $6,928,465Net Income 2024: $619,6982024Revenue 2025: $9,459,528Expenses 2025: $7,875,191Net Income 2025: $1,584,3372025

Highlighted filing

2020

Revenue$5,505,294
Expenses$5,185,876
Net Income$319,418
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 20, 2020
Return Version
2019v5.0
Gross Receipts
$5,505,294
Mission and Program Overview

Mission

Temecula valley charter school is an alliance of parents, educators, and community members dedicated to providing a kindergarten through eighth grade family-centered atmosphere which endeavors to create a dynamic learning environment that meets or exceeds california state standards and where all students can discover, experience, and celebrate their own worth. Temecula valley charter school will promote the growth of each childs character, knowledge, and understanding of themselves and their relationship to the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,772,529$3,334,175▲ $561,646
Cash and Non-Interest-Bearing Accounts$2,413,333$1,922,995▼ $490,338
Accounts Receivable$952,968$766,661▼ $186,307
Prepaid Expenses and Deferred Charges$129,967$79,772▼ $50,195
Total Assets$6,275,845$6,103,603▼ $172,242
Other Assets Total$7,048--
Liabilities
Accounts Payable and Accrued Expenses$428,212$230,726▼ $197,486
Total Liabilities$428,212$230,726▼ $197,486
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,847,633$5,872,877▲ $25,244
Total Net Assets Fund Balance$5,847,633$5,872,877▲ $25,244
Total Liabilities and Net Assets / Fund Balance$6,275,845$6,103,603▼ $172,242

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,641,530-$1,641,530
Other Land Buildings$1,628,550-$1,628,550
Equipment$10,723$78,463$89,186
Leasehold Improvements$37,868$22,273$60,141
Buildings$15,504$13,412$28,916
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MurphyExecutive DiFT$41,488$7,094$48,582

Board Members and Trustees

NameTitle
Anthony HildebrandBoard Presid
Gayle VergaraCommunity Me
Richard SimsParent Membe
Revenue and Support

Revenue Composition

Contributions and Grants
$5,503,582
Program Service Revenue
$0
Investment Income
$1,712
Other Revenue
$0
All Other Contributions
$154,257
Change in Net Assets
$319,418

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,505,294
Total Revenue per Audited Statements
$5,505,294
Total Revenue per Form 990
$5,505,294
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,853,345
Other Expenses$1,332,531
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,522,894$169,015-$2,691,909
Other Employee Benefits$839,065$53,557-$892,622
Fees for Services Other$250,581$145,509-$396,090
Payroll Taxes$135,185$8,629-$143,814
Current Officers, Directors, Trustees, and Key Employees-$125,000-$125,000
Fees for Services Accounting-$95,669-$95,669
Information Technology$83,765$5,347-$89,112
Fees for Services Legal-$66,020-$66,020
Other Expenses$64,274$137,488-$64,274
All Other Expenses$56,539--$56,539
Insurance$33,604$2,145-$35,749
Office Expenses$10,342$660-$11,002
Depreciation Depletion-$8,667-$8,667
Travel$5,416$346-$5,762
Conferences and Meetings$3,831$245-$4,076
Occupancy$112$7-$119
Total Functional Expenses$4,355,685$830,191$0$5,185,876

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,185,876
Total Expenses per Audited Statements$5,185,876
Total Expenses per Form 990$5,185,876
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is reviewed by the governing board of directors prior to filing and approved in a regularly scheduled public meeting.”

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

“Board completes conflict of interest disclosures annually. 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 15A

“Board of directors review and approve the compensation based on comparable salary data in the area.”

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

“The board of directors reviewd and approves the compensation based on comparable salary data in the area”

Form 990, Page 6, Part VI, Line 19

“Required documents are availabe at the business address during normal hours.”

Filing and Contact Details

Filer

Filer Name
Tvcs
EIN
91-2148654
Phone
9512946775
Address
35755 ABELIA STREET, WINCHESTER, CA 92596
Doing Business As
Temecula Valley Charter School

Signing Officer

Name
Michael Murphy
Title
Executive Director
Phone
9512946775
Signed
2020-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Murphy
Formed
2001
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
108
Volunteers
30

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

“Temecula valley charter school is an alliance of parents, educators, and community members dedicated to providing a kindergarten through eighth grade family-centered atmosphere which endeavors to create a dynamic learning environment that meets or exceeds california state standards and where all students can discover, experience, and celebrate their own worth. Temecula valley charter school will promote the growth of each childs character, knowledge, and understanding of themselves and their relationship to the world.”

Form 990, Part XI, Line 9

“SALE OF LAND -294,174”

Financial Statement Notes

Schedule D, Page 3, Part X

“The charter school 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 finacial statements only if, based on its merits, the position is more likely than not the be sustained on audit by the taxing authorities. Management beleives that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statemnts.”

Raw XML Appendix366 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/BOYAmt0428212
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0230726
IRS990/AccountsReceivableGrp/BOYAmt0952968
IRS990/AccountsReceivableGrp/EOYAmt0766661
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TEMECULA VALLEY CHARTER SCHOOL IS AN ALLIANCE OF PARENTS, EDUCATORS, AND COMMUNITY MEMBERS DEDICATED TO PROVIDING A KINDERGARTEN THROUGH EIGHTH GRADE FAMILY-CENTERED ATMOSPHERE WHICH ENDEAVORS TO CREATE A DYNAMIC LEARNING ENVIRONMENT THAT MEETS OR EXCEEDS CALIFORNIA STATE STANDARDS AND WHERE ALL STUDENTS CAN DISCOVER, EXPERIENCE, AND CELEBRATE THEIR OWN WORTH. TEMECULA VALLEY CHARTER SCHOOL WILL PROMOTE THE GROWTH OF EACH CHILDS CHARACTER, KNOWLEDGE, AND UNDERSTANDING OF THEMSELVES AND THEIR RELATIONSHIP TO THE WORLD.
IRS990/AllOtherContributionsAmt0154257
IRS990/AllOtherExpensesGrp/ProgramServicesAmt056539
IRS990/AllOtherExpensesGrp/TotalAmt056539
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09512946775
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03755 ABELIA ST
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt035755 ABELIA ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINCHESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd092596
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02413333
IRS990/CashNonInterestBearingGrp/EOYAmt01922995
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0125000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0125000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0245
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03831
IRS990/ConferencesMeetingsGrp/TotalAmt04076
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05503582
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01712
IRS990/CYOtherExpensesAmt01332531
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0319418
IRS990/CYSalariesCompEmpBnftPaidAmt03853345
IRS990/CYTotalExpensesAmt05185876
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05505294
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08667
IRS990/DepreciationDepletionGrp/TotalAmt08667
IRS990/Desc0CALIFORNIA PUBLIC CHARTER SCHOOL SERVING K-8 STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0TEMECULA VALLEY CHARTER SCHOOL
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0108
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04355685
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt095669
IRS990/FeesForServicesAccountingGrp/TotalAmt095669
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt066020
IRS990/FeesForServicesLegalGrp/TotalAmt066020
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0145509
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0250581
IRS990/FeesForServicesOtherGrp/TotalAmt0396090
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt37094
IRS990/Form990PartVIISectionAGrp/PersonNm0ANTHONY HILDEBRAND
IRS990/Form990PartVIISectionAGrp/PersonNm1GAYLE VERGARA
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD SIMS
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL MURPHY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt341488
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESID
IRS990/Form990PartVIISectionAGrp/TitleTxt1COMMUNITY ME
IRS990/Form990PartVIISectionAGrp/TitleTxt2PARENT MEMBE
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt05349325
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05505294
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05347
IRS990/InformationTechnologyGrp/ProgramServicesAmt083765
IRS990/InformationTechnologyGrp/TotalAmt089112
IRS990/InsuranceGrp/ManagementAndGeneralAmt02145
IRS990/InsuranceGrp/ProgramServicesAmt033604
IRS990/InsuranceGrp/TotalAmt035749
IRS990/InvestmentIncomeGrp/ExclusionAmt01712
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01712
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0114148
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02772529
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03334175
IRS990/LandBldgEquipCostOrOtherBssAmt03448323
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TEMECULA VALLEY CHARTER SCHOOL IS AN ALLIANCE OF PARENTS, EDUCATORS, AND COMMUNITY MEMBERS DEDICATED TO PROVIDING A KINDERGARTEN THROUGH EIGHTH GRADE FAMILY-CENTERED ATMOSPHERE WHICH ENDEAVORS TO CREATE A DYNAMIC LEARNING ENVIRONMENT THAT MEETS OR EXCEEDS CALIFORNIA STATE STANDARDS AND WHERE ALL STUDENTS CAN DISCOVER, EXPERIENCE, AND CELEBRATE THEIR OWN WORTH. TEMECULA VALLEY CHARTER SCHOOL WILL PROMOTE THE GROWTH OF EACH CHILDS CHARACTER, KNOWLEDGE, AND UNDERSTANDING OF THEMSELVES AND THEIR RELATIONSHIP TO THE WORLD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05847633
IRS990/NetAssetsOrFundBalancesEOYAmt05872877
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05847633
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05872877
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt07
IRS990/OccupancyGrp/ProgramServicesAmt0112
IRS990/OccupancyGrp/TotalAmt0119
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0660
IRS990/OfficeExpensesGrp/ProgramServicesAmt010342
IRS990/OfficeExpensesGrp/TotalAmt011002
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07048
IRS990/OtherChangesInNetAssetsAmt0-294174
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt053557
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0839065
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0892622
IRS990/OtherExpensesGrp/Desc0OPERATING EXP
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc2DISTRICT OVERSIGHT FEES
IRS990/OtherExpensesGrp/Desc3MISC EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011887
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1137488
IRS990/OtherExpensesGrp/ProgramServicesAmt0186232
IRS990/OtherExpensesGrp/ProgramServicesAmt1163845
IRS990/OtherExpensesGrp/ProgramServicesAmt264274
IRS990/OtherExpensesGrp/TotalAmt0198119
IRS990/OtherExpensesGrp/TotalAmt1163845
IRS990/OtherExpensesGrp/TotalAmt2137488
IRS990/OtherExpensesGrp/TotalAmt364274
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0169015
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02522894
IRS990/OtherSalariesAndWagesGrp/TotalAmt02691909
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08629
IRS990/PayrollTaxesGrp/ProgramServicesAmt0135185
IRS990/PayrollTaxesGrp/TotalAmt0143814
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0129967
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt079772
IRS990/PrincipalOfficerNm0MICHAEL MURPHY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05572284
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt097
IRS990/PYOtherExpensesAmt01486222
IRS990/PYRevenuesLessExpensesAmt0765173
IRS990/PYSalariesCompEmpBnftPaidAmt03320986
IRS990/PYTotalExpensesAmt04807208
IRS990/PYTotalRevenueAmt05572381
IRS990/ReconcilationRevenueExpnssAmt0319418
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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/BookValueAmt015504
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013412
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028916
IRS990ScheduleD/EquipmentGrp/BookValueAmt010723
IRS990ScheduleD/EquipmentGrp/DepreciationAmt078463
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt089186
IRS990ScheduleD/ExpensesSubtotalAmt05185876
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01641530
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01641530
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt037868
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022273
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt060141
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01628550
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01628550
IRS990ScheduleD/RevenueSubtotalAmt05505294
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL 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 FINACIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT THE BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELEIVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMNTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03334175
IRS990ScheduleD/TotalExpensesPerForm990Amt05185876
IRS990ScheduleD/TotalRevenuePerForm990Amt05505294
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05505294
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05185876
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/ExplanationTxt0TEMECULA VALLEY CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEMECULA VALLEY CHARTER SCHOOL IS AN ALLIANCE OF PARENTS, EDUCATORS, AND COMMUNITY MEMBERS DEDICATED TO PROVIDING A KINDERGARTEN THROUGH EIGHTH GRADE FAMILY-CENTERED ATMOSPHERE WHICH ENDEAVORS TO CREATE A DYNAMIC LEARNING ENVIRONMENT THAT MEETS OR EXCEEDS CALIFORNIA STATE STANDARDS AND WHERE ALL STUDENTS CAN DISCOVER, EXPERIENCE, AND CELEBRATE THEIR OWN WORTH. TEMECULA VALLEY CHARTER SCHOOL WILL PROMOTE THE GROWTH OF EACH CHILDS CHARACTER, KNOWLEDGE, AND UNDERSTANDING OF THEMSELVES AND THEIR RELATIONSHIP TO THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE GOVERNING BOARD OF DIRECTORS PRIOR TO FILING AND APPROVED IN A REGULARLY SCHEDULED PUBLIC MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD COMPLETES CONFLICT OF INTEREST DISCLOSURES ANNUALLY. IF A CONFLICT ARISES, THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/ HERSELF FROM ALL DISCUSSIONS AND VOTING ON THE ISSUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS REVIEW AND APPROVE THE COMPENSATION BASED ON COMPARABLE SALARY DATA IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWD AND APPROVES THE COMPENSATION BASED ON COMPARABLE SALARY DATA IN THE AREA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REQUIRED DOCUMENTS ARE AVAILABE AT THE BUSINESS ADDRESS DURING NORMAL HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SALE OF LAND -294,174
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06275845
IRS990/TotalAssetsEOYAmt06103603
IRS990/TotalAssetsGrp/BOYAmt06275845
IRS990/TotalAssetsGrp/EOYAmt06103603
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05503582
IRS990/TotalEmployeeCnt0108
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0830191
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04355685
IRS990/TotalFunctionalExpensesGrp/TotalAmt05185876
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0428212
IRS990/TotalLiabilitiesEOYAmt0230726
IRS990/TotalLiabilitiesGrp/BOYAmt0428212
IRS990/TotalLiabilitiesGrp/EOYAmt0230726
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05847633
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05872877
IRS990/TotalOtherCompensationAmt07094
IRS990/TotalProgramServiceExpensesAmt04355685
IRS990/TotalReportableCompFromOrgAmt041488
IRS990/TotalRevenueGrp/ExclusionAmt01712
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05505294
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06275845
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06103603
IRS990/TravelGrp/ManagementAndGeneralAmt0346
IRS990/TravelGrp/ProgramServicesAmt05416
IRS990/TravelGrp/TotalAmt05762
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TEMECULAVALLEYCHARTER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MURPHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09512946775
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TVCS
ReturnHeader/Filer/BusinessNameControlTxt0TVCS
ReturnHeader/Filer/EIN0912148654
ReturnHeader/Filer/PhoneNum09512946775
ReturnHeader/Filer/USAddress/AddressLine1Txt035755 ABELIA STREET
ReturnHeader/Filer/USAddress/CityNm0WINCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092596
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/PreparationDt02020-12-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA SILVA CPA
ReturnHeader/ReturnTs02020-12-28T18:06:07-06:00
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
$6,103,603
Liabilities
$230,726
Net assets
$5,872,877
Revenue
$5,505,294
Expenses
$5,185,876
Net income
$319,418
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.82$10.6$9.46$7.88$1.58
2024Detailed filing. Detailed filing data is available for this year.$9.80$0.83$8.97$7.55$6.93$0.62
2023Detailed filing. Detailed filing data is available for this year.$9.43$1.08$8.35$7.33$6.49$0.83
2022Detailed filing. Detailed filing data is available for this year.$8.07$0.56$7.52$6.52$5.53$0.99
2021Detailed filing. Detailed filing data is available for this year.$7.73$1.21$6.52$5.93$5.28$0.65
2020Detailed filing. Detailed filing data is available for this year.$6.10$0.23$5.87$5.51$5.19$0.32
2019Detailed filing. Detailed filing data is available for this year.$6.28$0.43$5.85$5.57$4.81$0.77
2018Detailed filing. Detailed filing data is available for this year.$5.40$0.32$5.08$4.82$4.03$0.79
2017Detailed filing. Detailed filing data is available for this year.$4.56$0.27$4.29$4.69$3.89$0.81
2016Detailed filing. Detailed filing data is available for this year.$3.70$0.22$3.48$4.41$3.53$0.88
2015Detailed filing. Detailed filing data is available for this year.$2.79$0.19$2.60$4.12$3.09$1.03
2014Detailed filing. Detailed filing data is available for this year.$1.84$0.27$1.57$3.52$2.65$0.87