Alta Public Schools
- Assets
- $17.8m
- Revenue
- $16.1m
- Investments
- $0.0
- Employees
- 167
- Location
- Walnut Park, CA
- Founding
- 03/2010
- Data as of
- 06/2022
- EIN
- 26-1671037
Organization Overview
Alta Public Schools is located in Walnut Park, CA. The organization was established in 2010. 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, Alta Public Schools employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alta Public Schools 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, Alta Public Schools generated $16.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $15.2m during the year ending 06/2022. While expenses have increased by 5.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE CHARTER SCHOOLS IN THE SURROUNDING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALTA PUBLIC SCHOOLS OPERATES THREE CALIFORNIA PUBLIC CHARTER SCHOOLS, WITH THE SOLE PURPOSE OF PROVIDING A WORLD-CLASS EDUCATION TO ALL STUDENTS. THE ORGANIZATION SERVED APPROXIMATELY 632 STUDENTS IN GRADES TK-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Tanner Board Chair | OfficerTrustee | 10 | $0 |
Samuel Cortez Member | Trustee | 10 | $0 |
Mary Porras Board Secretary | OfficerTrustee | 10 | $0 |
Azucena Chavarria Board Treasurer | Trustee | 10 | $0 |
Raul Carranza Member | Trustee | 10 | $0 |
Eduardo Martinez Member | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fresh Start Meals Student Daily Meals | 6/29/19 | $266,190 |
Alliance Building Solutions Inc 801 Santa Fe Project Grading | 6/29/19 | $224,547 |
Olmec Construction Construction Services For 4210 Gage | 6/29/19 | $200,943 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,002,313 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,123 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,033,436 |
| Total Program Service Revenue | $0 |
| Investment income | $59,666 |
| 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 | $16,093,102 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $247,855 |
| Other salaries and wages | $4,728,039 |
| Pension plan accruals and contributions | $785,232 |
| Other employee benefits | $778,663 |
| Payroll taxes | $246,324 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,541 |
| Fees for services: Accounting | $71,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,875,510 |
| Advertising and promotion | $133,473 |
| Office expenses | $473,540 |
| Information technology | $480,237 |
| Royalties | $0 |
| Occupancy | $1,111,710 |
| Travel | $83,993 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $480,980 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $459,174 |
| Insurance | $116,017 |
| All other expenses | $63,683 |
| Total functional expenses | $15,209,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,761,604 |
| Savings and temporary cash investments | $867,661 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,300,094 |
| 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 | $205,269 |
| Net Land, buildings, and equipment | $6,609,183 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,926 |
| Total assets | $17,826,737 |
| Accounts payable and accrued expenses | $2,866,048 |
| Grants payable | $0 |
| Deferred revenue | $1,839,015 |
| Tax-exempt bond liabilities | $6,475,110 |
| 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 | $23,868 |
| Other liabilities | $795,995 |
| Total liabilities | $12,000,036 |
| Net assets without donor restrictions | $5,826,701 |
| 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 | $17,826,737 |