Civic Intelligence

Amethod Public Schools

990 • Fiscal year 2015 • EIN 94-3185735

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 08, 2016

345 12th StOakland, CA 94607

(510) 899-4806

Siviq Scores

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

Liabilities / Assets

64th percentile

0.40x

Higher debt load relative to assets than 64% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

52nd percentile

0.27x

Higher debt load relative to revenue than 52% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

64th percentile

7.7%

Higher net margin than 64% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

27th percentile

$114,006

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

95th percentile

56%

Faster asset growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

91st percentile

51%

Faster revenue growth than 91% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$7,761,010

Up $2,781,358 (+56%) from 2014

Net Assets

Up

$4,667,635

Up $879,838 (+23%) from 2014

Liabilities

Up

$3,093,375

Up $1,901,520 (+160%) from 2014

Revenue

Up

$11,363,683

Up $3,819,785 (+51%) from 2014

Expenses

Up

$10,483,845

Up $4,037,489 (+63%) from 2014

Net Income

Down

$879,838

Down $217,704 (-20%) from 2014

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $2,058,073Liabilities 2011: $87,421Net Assets 2011: $1,970,6522011Assets 2012: $2,250,868Liabilities 2012: $199,961Net Assets 2012: $2,050,9072012Assets 2013: $2,867,076Liabilities 2013: $176,821Net Assets 2013: $2,690,2552013Assets 2014: $4,979,652Liabilities 2014: $1,191,855Net Assets 2014: $3,787,7972014Assets 2015: $7,761,010Liabilities 2015: $3,093,375Net Assets 2015: $4,667,6352015Assets 2016: $12,054,762Liabilities 2016: $5,105,685Net Assets 2016: $6,949,0772016Assets 2017: $14,421,749Liabilities 2017: $6,452,754Net Assets 2017: $7,968,9952017Assets 2018: $17,488,744Liabilities 2018: $9,041,413Net Assets 2018: $8,447,3312018Assets 2019: $16,679,894Liabilities 2019: $9,465,223Net Assets 2019: $7,214,6712019Assets 2020: $19,063,939Liabilities 2020: $14,143,811Net Assets 2020: $4,920,1282020Assets 2021: $22,740,003Liabilities 2021: $16,390,744Net Assets 2021: $6,349,2592021Assets 2022: $27,827,959Liabilities 2022: $19,125,371Net Assets 2022: $8,702,5882022Assets 2024: $67,723,414Liabilities 2024: $48,208,308Net Assets 2024: $19,515,1062024

Highlighted filing

2015

Assets$7,761,010
Liabilities$3,093,375
Net Assets$4,667,635

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: $2,721,034Expenses 2011: $2,613,814Net Income 2011: $107,2202011Revenue 2012: $2,860,618Expenses 2012: $2,780,363Net Income 2012: $80,2552012Expenses 2013: $3,657,4072013Revenue 2014: $7,543,898Expenses 2014: $6,446,356Net Income 2014: $1,097,5422014Revenue 2015: $11,363,683Expenses 2015: $10,483,845Net Income 2015: $879,8382015Revenue 2016: $21,063,525Expenses 2016: $18,782,083Net Income 2016: $2,281,4422016Revenue 2017: $21,801,042Expenses 2017: $20,781,124Net Income 2017: $1,019,9182017Revenue 2018: $26,898,494Expenses 2018: $26,588,383Net Income 2018: $310,1112018Revenue 2019: $30,776,093Expenses 2019: $31,994,034Net Income 2019: -$1,217,9412019Revenue 2020: $29,419,853Expenses 2020: $29,601,179Net Income 2020: -$181,3262020Revenue 2021: $31,528,172Expenses 2021: $30,099,041Net Income 2021: $1,429,1312021Revenue 2022: $38,724,229Expenses 2022: $36,370,900Net Income 2022: $2,353,3292022Revenue 2024: $41,529,044Expenses 2024: $35,062,468Net Income 2024: $6,466,5762024

Highlighted filing

2015

Revenue$11,363,683
Expenses$10,483,845
Net Income$879,838
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 8, 2016
Return Version
2014v6.0
Gross Receipts
$11,363,683
Mission and Program Overview

Mission

To provide a fundamental and rigorous college preparatory education to any student that chooses one of its schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,393,305$3,446,734▲ $2,053,429
Land, Buildings, and Equipment, Net$1,050,095$2,024,587▲ $974,492
Accounts Receivable$2,359,754$1,729,258▼ $630,496
Prepaid Expenses and Deferred Charges$70,448$304,381▲ $233,933
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,979,652$7,761,010▲ $2,781,358
Other Assets Total$106,050$256,050▲ $150,000
Liabilities
Accounts Payable and Accrued Expenses$566,162$1,935,745▲ $1,369,583
Mortgage Notes Payable Secured by Investment Property$569,812$803,761▲ $233,949
Deferred Revenue$55,881$353,869▲ $297,988
Total Liabilities$1,191,855$3,093,375▲ $1,901,520
Net Assets / Fund Balance
Unrestricted Net Assets$3,631,498$4,545,617▲ $914,119
Temporarily Rstr Net Assets$156,299$122,018▼ $34,281
Total Net Assets Fund Balance$3,787,797$4,667,635▲ $879,838
Total Liabilities and Net Assets / Fund Balance$4,979,652$7,761,010▲ $2,781,358

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$911,275$1,815,317$2,726,592
Other Land Buildings$1,110,153$14,544$1,124,697
Equipment$3,159$11,934$15,093
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jorge LopezExecutive DirectorFT$114,006$114,006
Peter CorderoCOOFT$108,222$108,222

Board Members and Trustees

NameTitle
Peter HanelyPresident
David HoskinMember
Khalif MuhammadMember
Ludmyrna LopezMember
Nick VacMember
Karely OrdazSecretary
Wil MendozaVP/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,363,683
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$191,787
Change in Net Assets
$879,838

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,363,683
Total Revenue per Audited Statements
$11,363,683
Total Revenue per Form 990
$11,363,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,519,572
Salaries, Compensation, and Employee Benefits$4,964,273
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,729,101$206,793-$3,935,894
Other Employee Benefits$768,914$37,237-$806,151
Current Officers, Directors, Trustees, and Key Employees$222,228--$222,228
Other Expenses$58,257$158,117-$216,374
All Other Expenses$75,248$102,086-$177,334
Depreciation Depletion-$168,781-$168,781
Travel$43,438--$43,438
Total Functional Expenses$7,459,117$3,024,728$0$10,483,845

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,483,845
Total Expenses per Audited Statements$10,483,845
Total Expenses per Form 990$10,483,845
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
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, Line 11B: Form 990 Review Process

Form 990 is reviewed by the signing officer before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest statements are reviewed by the board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Amethod Public Schools
EIN
94-3185735
Phone
5108994806
Address
345 12TH ST, OAKLAND, CA 94607

Signing Officer

Name
Jorge Lopez
Title
CEO
Signed
2016-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Hanely
Formed
1994
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
111

Preparer

Firm
McLean Rotherham & Company
Address
11717 Bernardo Plaza Ct Suite 215, San Diego, CA 92128
Preparer
Kathleen Schmidt CRTP
Phone
8584875751
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IRS990/OtherExpensesGrp/Desc3OPERATION & HOUSEKEEPING SERV.
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0445578
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11650049
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2256087
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3158117
IRS990/OtherExpensesGrp/ProgramServicesAmt01529373
IRS990/OtherExpensesGrp/ProgramServicesAmt1119865
IRS990/OtherExpensesGrp/ProgramServicesAmt2912693
IRS990/OtherExpensesGrp/ProgramServicesAmt358257
IRS990/OtherExpensesGrp/TotalAmt01974951
IRS990/OtherExpensesGrp/TotalAmt11769914
IRS990/OtherExpensesGrp/TotalAmt21168780
IRS990/OtherExpensesGrp/TotalAmt3216374
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0206793
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03729101
IRS990/OtherSalariesAndWagesGrp/TotalAmt03935894
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt070448
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0304381
IRS990/PrincipalOfficerNm0PETER HANELY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07543898
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03326089
IRS990/PYRevenuesLessExpensesAmt01097542
IRS990/PYSalariesCompEmpBnftPaidAmt03120267
IRS990/PYTotalExpensesAmt06446356
IRS990/PYTotalRevenueAmt07543898
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0879838
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/EquipmentGrp/BookValueAmt03159
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011934
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015093
IRS990ScheduleD/ExpensesSubtotalAmt010483845
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0911275
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01815317
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02726592
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01110153
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014544
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01124697
IRS990ScheduleD/RevenueSubtotalAmt011363683
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02024587
IRS990ScheduleD/TotalExpensesPerForm990Amt010483845
IRS990ScheduleD/TotalRevenuePerForm990Amt011363683
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011363683
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010483845
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY PUBLISHED IN SCHOOL HANDBOOK AND CHARTER PETITION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE SIGNING OFFICER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0156299
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0122018
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04979652
IRS990/TotalAssetsEOYAmt07761010
IRS990/TotalAssetsGrp/BOYAmt04979652
IRS990/TotalAssetsGrp/EOYAmt07761010
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011363683
IRS990/TotalEmployeeCnt0111
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03024728
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07459117
IRS990/TotalFunctionalExpensesGrp/TotalAmt010483845
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01191855
IRS990/TotalLiabilitiesEOYAmt03093375
IRS990/TotalLiabilitiesGrp/BOYAmt01191855
IRS990/TotalLiabilitiesGrp/EOYAmt03093375
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03787797
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04667635
IRS990/TotalProgramServiceExpensesAmt07459117
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0222228
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011363683
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04979652
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07761010
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt043438
IRS990/TravelGrp/TotalAmt043438
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

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