California Virtual Academies At Los Angeles

Organization Overview

California Virtual Academies At Los Angeles is located in Simi Valley, 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 06/2022, California Virtual Academies At Los Angeles employed 503 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Virtual Academies At Los Angeles 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 06/2022, California Virtual Academies At Los Angeles generated $73.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $72.6m during the year ending 06/2022. While expenses have increased by 11.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE TUITION-FREE VIRTUAL EDUCATION THROUGH TECHNOLOGY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAVA (CALIFORNIA VIRTUAL ACADEMY) PROGRAMS BLEND INNOVATIVE NEW INSTRUCTIONAL TECHNOLOGY WITH A TRADITIONAL CURRICULUM FOR STUDENTS ALL ACROSS CALIFORNIA. CAVA USES THE K12 CURRICULUM TO OFFER CALIFORNIA STUDENTS IN GRADES K-12 AN EXCEPTIONAL LEARNING EXPERIENCE. WITH INDIVIDUALIZED LEARNING APPROACHES, CAVA AND K12 PROVIDE THE TOOLS KIDS NEED TO SUCCEED IN SCHOOL AND BEYOND.


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Board, Officers & Key Employees

Name (title)Compensation
John Bodenschatz
President
$0
Frank Wilson
CFO
$0
Stephanie Hansen-Sturm
Secretary
$0
Dezi Waterhouse
Board Member
$0
Mike Seaman Resigned 022022
District Representative
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $73,829,149
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$73,829,149
Total Program Service Revenue$0
Investment income $0
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 $73,867,132

Peer Organizations

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California Online Public Schools
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Asu Preparatory Academy
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California Virtual Academies At Los Angeles
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$73,867,132
Blue Ridge Academy
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Bright Star Schools
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Gateway Community Charters
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Birmingham Community Charter High School
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Coral Academy Of Science Las Vegas
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Lifelong Learning Administration Corporation
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Vaughn Next Century Learning Center
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Heartland Charter School
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$58,257,916
Pacific Coast Academy
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Fenton Charter Public Schools
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Wonderful College Prep Academy
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Cabrillo Point Academy
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Education For Change
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$56,586,488

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