Shasta Secondary Home School
- Assets
- $5.8m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 35
- Location
- Redding, CA
- Founding
- 11/2005
- Data as of
- 06/2023
- EIN
- 20-0263574
Organization Overview
Shasta Secondary Home School is located in Redding, CA. The organization was established in 2005. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Shasta Secondary Home School employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shasta Secondary Home School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Shasta Secondary Home School generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $3.6m during the year ending 06/2023. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A PUBLIC CHARTER SCHOOL FOR NONCLASSROOM-BASED INSTRUCTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHASTA SECONDARY HOME SCHOOL, INC. OPERATES A PUBLIC CHARTER SCHOOL PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. FOR THE YEAR ENDED JUNE 30, 2023 THE ORGANIZATION SERVED APPROXIMATELY 270 STUDENTS IN GRADES 9-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Claassen Director/secretary | Officer | 40 | $158,719 |
Matthew Wahlman Cbo/treasurer | Officer | 40 | $146,731 |
Michael Neumeister Facilitator/teacher | 40 | $107,628 | |
Erinn Pack Facilitator/teacher | 40 | $107,496 | |
David Pierce Member/staff Rep/teacher | Trustee | 41 | $101,975 |
Desiree Comer Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,165,673 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,166,673 |
| Total Program Service Revenue | $0 |
| Investment income | $25,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,205,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $495,466 |
| Compensation of current officers, directors, key employees. | $88,198 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,833,305 |
| Pension plan accruals and contributions | $400,673 |
| Other employee benefits | $45,794 |
| Payroll taxes | $56,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,560 |
| Advertising and promotion | $6,115 |
| Office expenses | $5,041 |
| Information technology | $15,650 |
| Royalties | $0 |
| Occupancy | $53,602 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,653 |
| Interest | $22,639 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,374 |
| Insurance | $68,122 |
| All other expenses | $0 |
| Total functional expenses | $3,595,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105 |
| Savings and temporary cash investments | $2,098,455 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $622,578 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,090,682 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,811,820 |
| Accounts payable and accrued expenses | $364,835 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $360,825 |
| Other liabilities | $0 |
| Total liabilities | $725,660 |
| Net assets without donor restrictions | $5,086,160 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,811,820 |