Bay View Academy
- Assets
- $3.3m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 110
- Location
- Monterey, CA
- Founding
- 02/2011
- Data as of
- 06/2022
- EIN
- 27-2907444
Organization Overview
Bay View Academy is located in Monterey, 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 06/2022, Bay View Academy employed 110 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Bay View 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 06/2022, Bay View Academy generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $6.6m 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BAY VIEW ACADEMY IS A K-8 CALIFORNIA CHARTER SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED ON THE CORE PRINCIPLES OF COMMUNITY, INNOVATION, AND A PASSION FOR LEARNING, BAY VIEW ACADEMY IS A KINDERGARDEN THROUGH EIGHTH GRADE PUBLIC CHARTER SCHOOL. BVA OFFERS A BROAD ACADEMIC PROGRAM USING THEMATIC-BASED INSTRUCTION. ENRICHMENT OFFERINGS INCLUDE PHYSICAL EDUCATION, ART, MUSIC AND PERFORMING ARTS, AND SPANISH. BVA TEACHERS DEVELOP AND TEACH LESSONS THAT GO BEYOND THE STATE STANDARDS. BY FOCUSING ON DIFFERENTIATION IN THE CLASSROOM, WE HAVE CONTINUED TO WORK TOWARDS CLOSING THE ACHIEVEMENT GAP, AND MEETING THE NEEDS OF ALL OF OUR DIVERSE LEARNERS. IN ADDITION, BAY VIEW ACADEMY'S COMMUNITY PARTNERSHIP PHILOSOPHY FLOURISHES, WITH A MULTITUDE OF OFF-SITE FIELD TRIPS ENHANCING OUR STUDENTS' EDUCATIONAL EXPERIENCE. BVA SERVED APPROXIMATELY 460 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tone Larsen Co-President | OfficerTrustee | 2 | $0 |
Hugh Smith Co-President | OfficerTrustee | 2 | $0 |
Jayme Fields Treasurer | OfficerTrustee | 2 | $0 |
Sheri Shaw Secretary | OfficerTrustee | 2 | $0 |
Heather Vowell Member | Trustee | 2 | $0 |
Ashley Reyes Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chartwell School Speech And Language Services/ Tuition | 6/29/22 | $150,775 |
Charter School Management Services Back Office Services | 6/29/22 | $103,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,976,025 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,880 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,120,905 |
| Total Program Service Revenue | $0 |
| Investment income | $2,823 |
| 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 | $6,335,667 |
| 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. | $164,321 |
| Compensation of current officers, directors, key employees. | $16,432 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,569,480 |
| Pension plan accruals and contributions | $604,304 |
| Other employee benefits | $496,181 |
| Payroll taxes | $133,881 |
| Fees for services: Management | $44,140 |
| Fees for services: Legal | $1,804 |
| Fees for services: Accounting | $117,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $683,527 |
| Advertising and promotion | $3,743 |
| Office expenses | $87,160 |
| Information technology | $26,824 |
| Royalties | $0 |
| Occupancy | $217,705 |
| Travel | $32,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,500 |
| Insurance | $69,247 |
| All other expenses | $0 |
| Total functional expenses | $6,555,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,868 |
| Savings and temporary cash investments | $2,191,693 |
| Pledges and grants receivable | $680,897 |
| Accounts receivable, net | $0 |
| 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 | $86,412 |
| Net Land, buildings, and equipment | $73,389 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,278,259 |
| Accounts payable and accrued expenses | $520,243 |
| Grants payable | $0 |
| Deferred revenue | $215,820 |
| 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 | $0 |
| Total liabilities | $736,063 |
| Net assets without donor restrictions | $2,542,196 |
| 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 | $3,278,259 |