The information for Wonderful College Prep Academy is as of the organization's most recent filing in June 2020. This organization is located in Delano, CA. It has been in existence for 11 years, following its founding in 2009.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Wonderful College Prep Academy's NTEE code is B29. The "B" tells us that the organization is classified along with Education organizations. The "29" tells us that the organization is a Charter School. The NTEE describes Charter Schools as schools run independently of the traditional public school system but receiving public funding and operating by a charter. This performance contract details the schools mission, program, goals, students served, method of assessment, and ways to measure success.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
The mission of the Wonderful College Prep Academy is to provide a full range of students with an academically challenging curriculum, an individually responsive and fully inclusive approach to teaching and learning, and the idea that all children should complete high school prepared for thoughtful citizenship and ready to complete a college degree.
The Wonderful College Prep Academy provides an exemplary education to a broadly representative population of students from Delano, California, Lost Hills and surrounding school districts. By increasing the number of students who complete a postsecondary education and contributing to the development of self-motivated, competent, lifelong learners, the Wonderful College Prep Academy currently serves 2,188 students in grades kindergarten through twelfth.
Wonderful College Prep Academy has 256 employees, 5 of whom were paid more than $100k according to the organization's most recent 990 tax filing. Supporting the paid staff are 50 volunteers.
Wonderful College Prep Academy is well-governed, with six voting members and six independent members, who do not have any potential conflicts of interest. The organization has not delegated management to an outside firm, and board and committee meetings are documented. The organization has a conflict of interest policy, requires disclosure of conflicts, has a written whistleblower policy, and a document retention policy. It also substantiates and reviews leadership and officer salaries, and provides copies of the 990 to the board prior to filing. All of these measures ensure that the organization is well-governed and that its members are held to a high standard.
Wonderful College Prep Academy has grown significantly over the past four years. Contributions and grants received, investment income, total revenue, employee salaries, total expenses and total employees have all increased over this time period. Additionally, the number of volunteers has more than doubled from 25 to 50. The organization has clearly experienced a great deal of growth in both size and scope.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dradrian Manuel Superintendent Until 9/07/21 | Officer | 40 | $184,784 |
Marcus Morillo Senior Director Of Operati | 40 | $165,915 | |
Ana Martinez Superintendent As Of 09/08/21 | Officer | 40 | $162,899 |
Brenton Deflitch Principal | 40 | $155,345 | |
Justin Steiner Principal | 40 | $145,940 | |
Tatiana Mirzaian Principal | 40 | $135,222 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Educational Leasing Llc Rent | 6/29/22 | $3,754,408 |
Villa Services Housekeeping | 6/29/22 | $378,601 |
Lyneer Staffing Solutions Staffing | 6/29/22 | $1,553,018 |
Creative Financial Staffing Llc Staffing | 6/29/22 | $217,709 |
South Valley Mechanical Housekeeping | 6/29/22 | $252,923 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $46,682,564 |
All other contributions, gifts, grants, and similar amounts not included above | $3,597,443 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $50,280,007 |
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 | $50,280,007 |
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. | $518,782 |
Compensation of current officers, directors, key employees. | $518,782 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,500,415 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,154,969 |
Payroll taxes | $4,221,084 |
Fees for services: Management | $0 |
Fees for services: Legal | $49,442 |
Fees for services: Accounting | $27,390 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,571,435 |
Advertising and promotion | $4,769 |
Office expenses | $164,909 |
Information technology | $216,747 |
Royalties | $0 |
Occupancy | $7,158,658 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $324,334 |
Interest | $15,991 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $620,787 |
Insurance | $34,037 |
All other expenses | $2,052,217 |
Total functional expenses | $48,025,856 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,375,030 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,984,915 |
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 | $232,449 |
Net Land, buildings, and equipment | $2,202,139 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $24,794,533 |
Accounts payable and accrued expenses | $7,531,603 |
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 | $3,600,000 |
Other liabilities | $3,651,666 |
Total liabilities | $14,783,269 |
Net assets without donor restrictions | $10,011,264 |
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 | $24,794,533 |
Over the last fiscal year, we have identified 1 grants that Wonderful College Prep Academy has recieved totaling $340,763.
Awarding Organization | Amount |
---|---|
Resnick Foundation Los Angeles, CA PURPOSE: DONEE'S TAX EXEMPT PURPOSE | $340,763 |
Organization Name | Assets | Revenue |
---|---|---|
Rocketship Education Redwood City, CA | $74,871,482 | $120,667,231 |
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
Five Keys Schools And Programs San Francisco, CA | $50,545,317 | $97,031,582 |
Inspire Charter Schools Duarte, CA | $15,814,456 | $76,018,441 |
Edkey Inc Mesa, AZ | $135,819,543 | $83,812,049 |
River Springs Charter School Inc Temecula, CA | $93,652,592 | $73,899,584 |
Granada Hills Charter Granada Hills, CA | $124,597,337 | $79,128,584 |
California Online Public Schools San Juan Capistrano, CA | $32,661,705 | $70,303,969 |
Camino Nuevo Charter Academy Los Angeles, CA | $62,441,915 | $60,583,098 |
Gateway Community Charters Mcclellan, CA | $96,780,042 | $72,531,964 |
Visions In Education Carmichael, CA | $94,876,505 | $77,038,173 |
Ofl-Baldwin Park Inc Pasadena, CA | $26,446,895 | $59,505,291 |