Civic Intelligence

Blue Oak School

990 • Fiscal year 2023 • EIN 95-4803542

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 30, 2023

1436 Polk StreetNapa, CA 94559

(707) 261-4500

Siviq Scores

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

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.94x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

23rd percentile

-6.6%

Higher net margin than 23% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

80th percentile

$316,781

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

32nd percentile

0.7%

Faster asset growth than 32% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-48%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$24,122,565

Up $177,897 (+0.7%) from 2022

Net Assets

Down

$18,491,703

Down $393,421 (-2.1%) from 2022

Liabilities

Up

$5,630,862

Up $571,318 (+11%) from 2022

Revenue

Down

$5,971,252

Down $5,595,936 (-48%) from 2022

Expenses

Down

$6,364,673

Down $85,779 (-1.3%) from 2022

Net Income

Down

-$393,421

Down $5,510,157 (-108%) from 2022

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $7,775,177Liabilities 2010: $1,743,624Net Assets 2010: $6,031,5532010Assets 2011: $8,432,776Liabilities 2011: $1,827,028Net Assets 2011: $6,605,7482011Assets 2012: $8,173,126Liabilities 2012: $2,605,003Net Assets 2012: $5,568,1232012Assets 2013: $8,375,576Liabilities 2013: $2,921,223Net Assets 2013: $5,454,3532013Assets 2014: $9,618,928Liabilities 2014: $2,752,932Net Assets 2014: $6,865,9962014Assets 2015: $9,292,724Liabilities 2015: $2,916,057Net Assets 2015: $6,376,6672015Assets 2016: $8,186,981Liabilities 2016: $3,049,447Net Assets 2016: $5,137,5342016Assets 2017: $7,414,058Liabilities 2017: $3,530,022Net Assets 2017: $3,884,0362017Assets 2018: $13,075,909Liabilities 2018: $8,267,993Net Assets 2018: $4,807,9162018Assets 2019: $9,952,834Liabilities 2019: $3,597,311Net Assets 2019: $6,355,5232019Assets 2020: $8,093,532Liabilities 2020: $3,493,123Net Assets 2020: $4,600,4092020Assets 2021: $17,662,974Liabilities 2021: $3,894,586Net Assets 2021: $13,768,3882021Assets 2022: $23,944,668Liabilities 2022: $5,059,544Net Assets 2022: $18,885,1242022Assets 2023: $24,122,565Liabilities 2023: $5,630,862Net Assets 2023: $18,491,7032023Assets 2024: $34,619,701Liabilities 2024: $13,924,641Net Assets 2024: $20,695,0602024

Highlighted filing

2023

Assets$24,122,565
Liabilities$5,630,862
Net Assets$18,491,703

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,201,0402010Expenses 2011: $4,151,3922011Expenses 2012: $3,970,2592012Revenue 2013: $4,225,294Expenses 2013: $4,052,434Net Income 2013: $172,8602013Revenue 2014: $4,103,089Expenses 2014: $3,890,820Net Income 2014: $212,2692014Revenue 2015: $3,899,944Expenses 2015: $4,272,210Net Income 2015: -$372,2662015Revenue 2016: $4,683,522Expenses 2016: $5,258,166Net Income 2016: -$574,6442016Revenue 2017: $3,895,204Expenses 2017: $4,832,987Net Income 2017: -$937,7832017Revenue 2018: $3,275,728Expenses 2018: $4,886,154Net Income 2018: -$1,610,4262018Revenue 2019: $6,986,904Expenses 2019: $5,499,019Net Income 2019: $1,487,8852019Revenue 2020: $3,881,096Expenses 2020: $5,636,210Net Income 2020: -$1,755,1142020Revenue 2021: $15,459,309Expenses 2021: $6,291,330Net Income 2021: $9,167,9792021Revenue 2022: $11,567,188Expenses 2022: $6,450,452Net Income 2022: $5,116,7362022Revenue 2023: $5,971,252Expenses 2023: $6,364,673Net Income 2023: -$393,4212023Revenue 2024: $8,522,573Expenses 2024: $6,077,762Net Income 2024: $2,444,8112024

Highlighted filing

2023

Revenue$5,971,252
Expenses$6,364,673
Net Income-$393,421
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 30, 2023
Return Version
2022v5.0
Gross Receipts
$6,101,289
Mission and Program Overview

Mission

See schedule o. Blue oak school offers a challenging and stimulating education to children of diverse backgrounds and interests. Balancing structure with choice and the requirements of the group with the gifts of the individual, the school holds itself to the highest standards of responsible educational innovation, so that students develop the skills and habits of learning that endure. We provide an engaging, supportive, and diverse environment where learning is an active, joyful process of discovery for children in grades kindergarten through eighth.

Non-denominational independent school providing educational instruction kindergarten to eighth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,000,157$19,602,515▲ $6,602,358
Savings and Temporary Cash Investments$8,046,884$2,626,776▼ $5,420,108
Cash and Non-Interest-Bearing Accounts$1,440,913$653,556▼ $787,357
Investments in Publicly Traded Securities$507,830$521,409▲ $13,579
Loans From Officers Directors$500,000--
Pledges and Grants Receivable$932,539$360,390▼ $572,149
Prepaid Expenses and Deferred Charges$16,345$18,440▲ $2,095
Total Assets$23,944,668$24,122,565▲ $177,897
Other Assets Total-$339,479-
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,117,358$1,999,900▼ $117,458
Deferred Revenue$1,765,641$1,676,081▼ $89,560
Accounts Payable and Accrued Expenses$676,545$1,596,121▲ $919,576
Other Liabilities-$358,760-
Total Liabilities$5,059,544$5,630,862▲ $571,318
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,351,829$16,707,557▲ $6,355,728
Net Assets With Donor Restrictions$8,533,295$1,784,146▼ $6,749,149
Total Net Assets Fund Balance$18,885,124$18,491,703▼ $393,421
Total Liabilities and Net Assets / Fund Balance$23,944,668$24,122,565▲ $177,897

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,424,358$420,000$15,844,358
Land$4,100,000-$4,100,000
Equipment$78,157$837,416$915,573

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$507,830-▲ $13,579-$521,409
2021$7,000$500,000▲ $830-$507,830
2020$7,000---$7,000
2019$2,867,671$7,000▲ $4,262$2,871,933$7,000
2018$2,887,554-▲ $89,127$109,010$2,867,671
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan FulkHead of SchoFT$297,000$19,781$316,781
Jonathan FulkHead of School-$297,000$19,781$316,781
Meredith WilsonAsst. Head OFT$156,000$17,731$173,731
Meredith WilsonAsst. Head of School-$156,000$17,731$173,731
Etta WilliamsDirector of DevelFT$125,000$17,745$142,745

Board Members and Trustees

NameTitle
Mark StrodeChair
Tim ShawVice Chair
Carol RitterTrustee
Jae ChunTrustee
Jason JohnsonTrustee
Kitty OestlienTrustee
Kristin MinardosTrustee
Paul OsesoTrustee
Sabina CorreaTrustee
Scott PerrymanTrustee
Yvette ShererTrustee
Jean LordSecretary
Hank MillerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Davis Reed ConstructionConstruction11722 SORRENTO VALLEY ROAD, San Diego, CA 92121$5,303,296
Community Development DeptConstruction1600 FIRST STREET, Napa, CA 94559$475,000
Ratcliff ArchitectsArchitect5856 DOYLE STREET, Emeryville, CA 94608$377,452
Avocado Education Prop LLCRent645 LANDOR LANE, Pasadena, CA 91106$275,000
Ninyo & MooreContractor5710 RUFFIN ROAD, San Diego, CA 92123$181,863
Revenue and Support

Revenue Composition

Contributions and Grants
$1,268,260
Program Service Revenue
$4,679,550
Investment Income
$112,945
Other Revenue
$-89,503
All Other Contributions
$719,986
Change in Net Assets
$-393,421

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$79,482Fair Market Value (FMV)
Other Non Cash Contri Table33$25,654Fair Market Value (FMV)
Total Noncash Contributions36$105,136-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,971,252
Revenue Not Reported on Form 990
$-1,037,638
Total Revenue per Audited Statements
$4,933,614
Total Revenue per Form 990
$5,971,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,889,675
Other Expenses$1,437,360
Grants and Similar Amounts Paid$1,037,638
Total Fundraising Expense$269,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,013,284$633,570$242,821$3,889,675
Grants to Domestic Individuals$1,037,638--$1,037,638
Occupancy$267,109$26,537$6,354$300,000
Depreciation Depletion$201,823$20,050$4,801$226,674
Office Expenses$177,920$17,676$4,232$199,828
Interest$74,513$7,403$1,772$83,688
Other Expenses$55,777$5,541$1,327$62,645
Total Functional Expenses$5,349,663$745,410$269,600$6,364,673

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,364,673
Expenses per Audited Statements$5,327,035
Total Expenses per Audited Statements$5,327,035
Expenses Not Reported on Financial Statements$1,037,638
Other Expense Adjustments$1,037,638
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$130,037
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction Income$315,367-$130,037-
Total Events$315,367-$130,037$-130,037
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$500,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$339,479
Accrued Interest$19,281
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
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, Page 6, Part VI, Line 11B

The business officer and board members of blue oak school will be given the form 990 to review upon request. The head of school will review the form 990 before it is filed and approve the filing.

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

In connrection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the trustees and members of committees with powers delegated by the governing board, or to others considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The chairperson of the governing board or committee shall determine whether the school can obtain, with reasonable efforts, a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Blue Oak School
EIN
95-4803542
Phone
7072614500
Address
1436 POLK STREET, NAPA, CA 94559

Signing Officer

Name
Jonathan Fulk
Title
Head of School
Phone
7072614500
Signed
2023-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Fulk
Formed
2001
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
69
Volunteers
200

Preparer

Firm
FECHTER & COMPANY CPA'S
Address
3445 AMERICAN RIVER DR STE A, SACRAMENTO, CA 95864
Preparer
Brett V Huston
Phone
9163335360
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Blue oak school offers a challenging and stimulating education to children of diverse backgrounds and interests. Balancing structure with choice and the requirements of the group with the gifts of the individual, the school holds itself to the highest standards of responsible educational innovation, so the school and teachers nurture the development of character and foster confidence, creativity, flexibility and curiosity in each child. Students in turn encourage each other to learn. Relationships among freedom, responsibility, community and environment are explored through studies that engage students as stewards in service to the school, the region and the world.

Form 990, Part XI, Line 9

Grants/tuition discounts -1,037,638 grants/tuition discounts 1,037,638

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Earnings from the endowment fund are intended for the support of the school.

Schedule D, Page 4, Part XI, Line 2D

Grants/tuition discounts -1,037,638

Schedule D, Page 4, Part XII, Line 4B

Grants/tuition discounts 1,037,638

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IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0BLUE OAK SCHOOL OFFERS A CHALLENGING AND STIMULATING EDUCATION TO CHILDREN OF DIVERSE BACKGROUNDS AND INTERESTS. BALANCING STRUCTURE WITH CHOICE AND THE REQUIREMENTS OF THE GROUP WITH THE GIFTS OF THE INDIVIDUAL, THE SCHOOL HOLDS ITSELF TO THE HIGHEST STANDARDS OF RESPONSIBLE EDUCATIONAL INNOVATION, SO THE SCHOOL AND TEACHERS NURTURE THE DEVELOPMENT OF CHARACTER AND FOSTER CONFIDENCE, CREATIVITY, FLEXIBILITY AND CURIOSITY IN EACH CHILD. STUDENTS IN TURN ENCOURAGE EACH OTHER TO LEARN. RELATIONSHIPS AMONG FREEDOM, RESPONSIBILITY, COMMUNITY AND ENVIRONMENT ARE EXPLORED THROUGH STUDIES THAT ENGAGE STUDENTS AS STEWARDS IN SERVICE TO THE SCHOOL, THE REGION AND THE WORLD.
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IRS990/OtherExpensesGrp/FundraisingAmt11386
IRS990/OtherExpensesGrp/FundraisingAmt21327
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028845
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15788
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt198208
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225819
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IRS990/PYProgramServiceRevenueAmt04549667
IRS990/PYRevenuesLessExpensesAmt05116736
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IRS990/PYTotalRevenueAmt011567188
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt02626776
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0507830
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0521409
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt013579
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0500000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$34.6$13.9$20.7$8.52$6.08$2.44
2023Detailed filing. Detailed filing data is available for this year.$24.1$5.63$18.5$5.97$6.36$0.39
2022Detailed filing. Detailed filing data is available for this year.$23.9$5.06$18.9$11.6$6.45$5.12
2021Detailed filing. Detailed filing data is available for this year.$17.7$3.89$13.8$15.5$6.29$9.17
2020Detailed filing. Detailed filing data is available for this year.$8.09$3.49$4.60$3.88$5.64$1.76
2019Detailed filing. Detailed filing data is available for this year.$9.95$3.60$6.36$6.99$5.50$1.49
2018Detailed filing. Detailed filing data is available for this year.$13.1$8.27$4.81$3.28$4.89$1.61
2017Detailed filing. Detailed filing data is available for this year.$7.41$3.53$3.88$3.90$4.83$0.94
2016Detailed filing. Detailed filing data is available for this year.$8.19$3.05$5.14$4.68$5.26$0.57
2015Detailed filing. Detailed filing data is available for this year.$9.29$2.92$6.38$3.90$4.27$0.37
2014Detailed filing. Detailed filing data is available for this year.$9.62$2.75$6.87$4.10$3.89$0.21
2013Summary only. Only limited summary data is available for this year.$8.38$2.92$5.45$4.23$4.05$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.17$2.61$5.57$3.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.43$1.83$6.61$4.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.78$1.74$6.03$4.20