Voices College-Bound Language Academies
- Assets
- $26.4m
- Revenue
- $21.1m
- Investments
- $0.0
- Employees
- 267
- Location
- San Jose, CA
- Founding
- 06/2009
- Data as of
- 06/2021
- EIN
- 20-4741060
Organization Overview
Voices College-Bound Language Academies is located in San Jose, CA. The organization was established in 2009. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Voices College-Bound Language Academies employed 267 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Voices College-Bound Language Academies 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 06/2021, Voices College-Bound Language Academies generated $21.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $19.5m during the year ending 06/2021. While expenses have increased by 16.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A CHARTER ACADEMY PROVIDING EDUCATIONAL OPPORTUNITIES TO STUDENTS IN TK TO 8TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CHARTER MANAGEMENT ORGANIZATION PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. VOICES COLLEGE-BOUND LANGUAGE ACADEMIES PROVIDES A RIGOROUS COLLEGE-PREP K-8 PROGRAM THAT TEACHES STUDENTS ENGLISH AND SPANISH, AND BUILDS ON CORE ELEMENTS OF THEIR IDENTITY. DURING THE FISCAL YEAR ENDING JUNE 30, 2021, VOICES ACADEMY SERVED 1,363 STUDENTS AND HAD 175 INSTRUCTIONAL DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Teso President/ceo | Officer | 40 | $255,000 |
Catherine Barron Controller | 40 | $129,178 | |
Bettina Mihai Managing Director Of Schools | 40 | $116,725 | |
Lizzette Ramirez COO | 40 | $114,350 | |
Deanna Flores Senior Director Of Culture | 40 | $106,120 | |
Juan Carlos Villasenor Principal | 40 | $105,417 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faith In Action Community Education Serv Special Education Services | 6/29/20 | $377,735 |
Adriana San Millan School Psychology & S Special Education Services | 6/29/20 | $300,846 |
Faith In Action Community Education Serv Special Education Services | 6/29/20 | $377,735 |
Adriana San Millan School Psychology & S Special Education Services | 6/29/20 | $300,846 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,121,794 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,471,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,593,299 |
| Total Program Service Revenue | $0 |
| Investment income | $2,957 |
| 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 | $21,078,147 |
| 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. | $448,802 |
| Compensation of current officers, directors, key employees. | $44,881 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,934,003 |
| Pension plan accruals and contributions | $730,604 |
| Other employee benefits | $807,562 |
| Payroll taxes | $456,601 |
| Fees for services: Management | $114,832 |
| Fees for services: Legal | $87,735 |
| 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 | $3,620,703 |
| Advertising and promotion | $19,991 |
| Office expenses | $318,494 |
| Information technology | $200,666 |
| Royalties | $0 |
| Occupancy | $2,014,792 |
| Travel | $11,880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,795 |
| Interest | $132,904 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $204,753 |
| Insurance | $191,033 |
| All other expenses | $0 |
| Total functional expenses | $19,518,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,516,998 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,970,302 |
| Accounts receivable, net | $218,449 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,050 |
| Prepaid expenses and deferred charges | $222,317 |
| Net Land, buildings, and equipment | $15,141,003 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $258,745 |
| Total assets | $26,350,864 |
| Accounts payable and accrued expenses | $1,157,382 |
| Grants payable | $0 |
| Deferred revenue | $4,184,336 |
| 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 | $3,419,504 |
| Unsecured mortgages and notes payable | $7,336,163 |
| Other liabilities | $0 |
| Total liabilities | $16,097,385 |
| Net assets without donor restrictions | $10,253,479 |
| 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 | $26,350,864 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Voices College-Bound Language Academies has recieved totaling $914,671.
| Awarding Organization | Amount |
|---|---|
Charter Fund Inc Broomfield, CO PURPOSE: CHARTER SCHOOL GROWTH | $250,000 |
Silicon Schools Fund Inc Oakland, CA PURPOSE: TO SUPPORT OPERATIONS OF THE SCHOOL | $228,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $225,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $200,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,318 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $353 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifelong Learning Administration Corporation Lancaster, CA | $25,266,460 | $53,959,766 |
Wonderful College Prep Academy Delano, CA | $24,794,533 | $50,280,007 |
California Virtual Academies At Los Angeles Simi Valley, CA | $29,684,011 | $46,331,896 |
Cabrillo Point Academy Poway, CA | $23,203,988 | $48,389,829 |
Vaughn Next Century Learning Center San Fernando, CA | $201,824,802 | $53,063,832 |
Pacific Coast Academy Poway, CA | $20,772,611 | $44,078,486 |
Birmingham Community Charter High School Van Nuys, CA | $42,319,173 | $47,098,171 |
Education For Change Oakland, CA | $46,722,136 | $44,379,557 |
Mojave River Academy Schools Oro Grande, CA | $19,432,116 | $42,903,299 |
Isana Los Angeles, CA | $25,748,660 | $48,465,580 |
Legacy Traditional Schools - Nevada Inc Chandler, AZ | $98,471,077 | $39,227,732 |
Fenton Charter Public Schools Sun Valley, CA | $39,044,614 | $44,887,355 |