Gompers Preparatory Academy
- Assets
- $11.8m
- Revenue
- $17.9m
- Investments
- $0.0
- Employees
- 179
- Location
- San Diego, CA
- Founding
- 01/2011
- Data as of
- 06/2021
- EIN
- 27-0500180
Organization Overview
Gompers Preparatory Academy is located in San Diego, CA. The organization was established in 2011. 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, Gompers Preparatory Academy employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gompers Preparatory Academy 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, Gompers Preparatory Academy generated $17.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $16.0m during the year ending 06/2021. While expenses have increased by 4.1% 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
ACCELERATE ACADEMIC ACHIEVEMENT FOR ALL STUDENTS THROUGH A COLLEGE PREPARATORY CULTURE AND CURRICULUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GPA OPERATES A PUBLIC CHARTER SCHOOL OFFERING HIGH-QUALITY EDUCATION TO STUDENTS IN GRADES 6-12. GPA IS COMMITTED TO SERVING STUDENTS WITH LOW- INCOME BACKGROUNDS WHO MAY BE THE FIRST STUDENT IN THEIR FAMILIES TO ATTEND COLLEGE AND DESIGNING AN EDUCATIONAL AND SOCIAL PROGRAM THAT WILL ALLOW ALL STUDENTS ACCESS TO A COLLEGE PATHWAY. THE SCHOOL DRAWS THE MAJORITY OF ITS STUDENTS FROM SOUTHEASTERN SAN DIEGO NEIGHBORHOODS. GPA SEEKS TO PROVIDE A HIGH QUALITY COLLEGE PREPARATORY EDUCATIONAL OPTION TO THE GOMPERS COMMUNITY AND OTHER STUDENTS WHO ARE UNDER-REPRESENTED IN COLLEGES AND UNIVERSITY SETTINGS. FOR THE YEAR ENDED JUNE 30, 2021 GPA SERVED APPROXIMATELY 1,300 STUDENTS IN GRADES 6-12.
GPA OPERATES A PUBLIC CHARTER SCHOOL OFFERING HIGH-QUALITY EDUCATION TO STUDENTS IN GRADES 6-12. GPA IS COMMITTED TO SERVING STUDENTS WITH LOW- INCOME BACKGROUNDS WHO MAY BE THE FIRST STUDENT IN THEIR FAMILIES TO ATTEND COLLEGE AND DESIGNING AN EDUCATIONAL AND SOCIAL PROGRAM THAT WILL ALLOW ALL STUDENTS ACCESS TO A COLLEGE PATHWAY. THE SCHOOL DRAWS THE MAJORITY OF ITS STUDENTS FROM SOUTHEASTERN SAN DIEGO NEIGHBORHOODS. GPA SEEKS TO PROVIDE A HIGH QUALITY COLLEGE PREPARATORY EDUCATIONAL OPTION TO THE GOMPERS COMMUNITY AND OTHER STUDENTS WHO ARE UNDER-REPRESENTED IN COLLEGES AND UNIVERSITY SETTINGS. FOR THE YEAR ENDED JUNE 30, 2021 GPA SERVED APPROXIMATELY 1,300 STUDENTS IN GRADES 6-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer S Parsons Chief Business Officer | Officer | 40 | $100,786 |
Peter Chodzko Treasurer/asst Director | OfficerTrustee | 40 | $100,036 |
Jeremy Hurlbert Member/asst Director | OfficerTrustee | 40 | $100,036 |
Vincent Riveroll Secretary/director | OfficerTrustee | 40 | $51,599 |
Michelle Evans Member/sped Support Teache | OfficerTrustee | 40 | $43,975 |
Cecil H Steppe Chairman | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Procopio Cory Hargreaves & Savitch Llp Legal Services | 6/29/21 | $196,546 |
The Stepping Stones Group Therapy | 6/29/21 | $132,012 |
One Shield Security Services Security | 6/29/21 | $100,200 |
Procopio Cory Hargreaves & Savitch Llp Legal Services | 6/29/21 | $196,546 |
The Stepping Stones Group Therapy | 6/29/21 | $132,012 |
One Shield Security Services Security | 6/29/21 | $100,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,752,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,597 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,776,897 |
| Total Program Service Revenue | $2,941 |
| Investment income | $67,387 |
| 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 | $17,864,107 |
| 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. | $654,090 |
| Compensation of current officers, directors, key employees. | $130,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,224,925 |
| Pension plan accruals and contributions | $1,287,879 |
| Other employee benefits | $1,286,821 |
| Payroll taxes | $295,738 |
| Fees for services: Management | $412,018 |
| Fees for services: Legal | $147,624 |
| Fees for services: Accounting | $16,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $892,788 |
| Advertising and promotion | $3,750 |
| Office expenses | $1,530,526 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $425,052 |
| Travel | $3,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,182 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $296,969 |
| Insurance | $182,359 |
| All other expenses | $75,804 |
| Total functional expenses | $15,962,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,280,187 |
| Savings and temporary cash investments | $6,401,463 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,772,666 |
| 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 | $123,595 |
| Net Land, buildings, and equipment | $1,256,787 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,834,698 |
| Accounts payable and accrued expenses | $1,676,551 |
| Grants payable | $0 |
| Deferred revenue | $517,019 |
| 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 | $2,255,500 |
| Other liabilities | $0 |
| Total liabilities | $4,449,070 |
| Net assets without donor restrictions | $7,385,628 |
| 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 | $11,834,698 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gompers Preparatory Academy has recieved totaling $43,131.
| Awarding Organization | Amount |
|---|---|
David C Copley Foundation San Diego, CA PURPOSE: ADVANCED PLACEMENT SCIENCE LABS | $38,131 |
San Diego Kiwanis Club Foundation San Diego, CA PURPOSE: TO FURTHER EXEMPT PURPOSE | $5,000 |
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 |