Alpha Public Schools Inc
- Assets
- $30.0m
- Revenue
- $36.0m
- Investments
- $0.0
- Employees
- 329
- Location
- San Jose, CA
- Founding
- 10/2010
- Data as of
- 06/2023
- EIN
- 27-1881962
Organization Overview
Alpha Public Schools Inc is located in San Jose, CA. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Alpha Public Schools Inc employed 329 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Public Schools Inc 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 06/2023, Alpha Public Schools Inc generated $36.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $33.3m during the year ending 06/2023. While expenses have increased by 17.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CHANGE THE EDUCATIONAL AND ECONOMIC TRAJECTORY OF OUR STUDENTS' LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALPHA PUBLIC SCHOOLS WAS FOUNDED IN 2010 BY A GROUP OF PARENTS IN EAST SAN JOSE, CA WHO WANTED BETTER EDUCATION OPTIONS FOR THEIR CHILDREN. ALPHA'S NETWORK OF FOUR HIGH-PERFORMING CHARTER SCHOOLS PROVIDES A HIGH QUALITY K-12 EDUCATION FOR FAMILIES IN EAST SAN JOSE-AND FOCUSES, FOLLOWING THE SCHOOLS' NAMESAKES, ON PREPARING STUDENTS TO BE COMMUNITY LEADERS. ALPHA'S MODEL EMPHASIZES HIGH-QUALITY TEACHING THROUGH AN ACADEMIC PROGRAM FOCUSED ON DIFFERENTIATION, A COLLEGE-GOING CULTURE, AND LEADERSHIP DEVELOPMENT. DURING FY 2022-2023 THE SCHOOL SERVED APPROXIMATELY 1,703 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Macdonald Board Chair | OfficerTrustee | 2 | $0 |
Jennifer Wallner Vice Board Chair | OfficerTrustee | 2 | $0 |
Adam Hendricks Board Member | Trustee | 2 | $0 |
Silvia Mahan Board Member | Trustee | 2 | $0 |
Lex Alvarez Board Member | Trustee | 1 | $0 |
Cindy Wang Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stepmojo Education Llc Education Services | 6/29/23 | $285,000 |
Lamas Clean Service Janitoral Services | 6/29/23 | $163,090 |
Cuirco - Hayes Mansion San Jose Hotel Services | 6/29/23 | $132,333 |
Faith In Action Community Education Serv Education Services | 6/29/23 | $114,915 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,119,628 |
| All other contributions, gifts, grants, and similar amounts not included above | $525,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,645,344 |
| Total Program Service Revenue | $0 |
| Investment income | $149,798 |
| 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 | $35,964,243 |
| 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. | $693,003 |
| Compensation of current officers, directors, key employees. | $226,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,598,758 |
| Pension plan accruals and contributions | $472,334 |
| Other employee benefits | $2,013,004 |
| Payroll taxes | $1,161,028 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,950 |
| Fees for services: Accounting | $25,107 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,671,725 |
| Advertising and promotion | $149,978 |
| Office expenses | $142,614 |
| Information technology | $409,809 |
| Royalties | $0 |
| Occupancy | $2,429,426 |
| Travel | $31,476 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,902 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $500,437 |
| Insurance | $124,505 |
| All other expenses | $371,691 |
| Total functional expenses | $33,330,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,351,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,816,152 |
| 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 | $686,697 |
| Net Land, buildings, and equipment | $1,880,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $232,523 |
| Total assets | $29,967,307 |
| Accounts payable and accrued expenses | $1,349,028 |
| Grants payable | $0 |
| Deferred revenue | $6,689,616 |
| 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 | $0 |
| Other liabilities | $219,862 |
| Total liabilities | $8,258,506 |
| Net assets without donor restrictions | $21,708,801 |
| 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 | $29,967,307 |