Sacramento Valley Charter School
- Assets
- $5.5m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 82
- Location
- West Sacramento, CA
- Founding
- 06/2012
- Data as of
- 06/2023
- EIN
- 45-2528154
Organization Overview
Sacramento Valley Charter School is located in West Sacramento, CA. The organization was established in 2012. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Sacramento Valley Charter School employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacramento Valley Charter School 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, Sacramento Valley Charter School generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $4.2m during the year ending 06/2023. While expenses have increased by 11.6% 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 OPERATE A PUBLIC CHARTER SCHOOL IN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SACRAMENTO VALLEY CHARTER SCHOOL IS A PUBLIC SCHOOL THAT HAD AN TOTAL EXPENDITURES OF $1,400,459 ($1,336,872 PROGRAM AND $63,587 SUPPORT) TOWARDS THE COST OF CERTIFICATED TEACHER SALARIES AND $936,642 ($778,742 PROGRAM AND $157,900 SUPPORTTOWARDS THE CLASSIFIED STAFF, WITH A TOTAL BENEFIT COST OF $386,352 ($343,039 PROGRAM AND $43,313 SUPPORT).
THE SACRAMENTO VALLEY CHARTER SCHOOL SPENT $1,121,691 ($868,434 PROGRAM AND $253,257 SUPPORT) TOWARDS SERVICES & OTHER OPERATING EXPENSE. THIS AMOUNT INCLUDES $117,826 DEPRECIATION AND AMORTIZATION, $350,727 RENT AND $12,825 INTEREST EXPENSE.
THE SACRAMENTO VALLEY CHARTER SCHOOL SPENT $335,651 ($323,446 PROGRAM AND $12,205 SUPPORT) TOWARDS PURCHASE OF BOOKS AND SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Amrik Singh Principal | Officer | 55 | $138,885 |
Bhajan Bhinder Chairman | Trustee | 10 | $0 |
Narinder Thandi President | Trustee | 15 | $0 |
Daljit Ghuman Vice President | Trustee | 4 | $0 |
Surjit Dhillon Secretary | Trustee | 15 | $0 |
Surinder Bassi Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,807,220 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,943,599 |
| 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 | $5,943,599 |
| 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. | $138,885 |
| Compensation of current officers, directors, key employees. | $138,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,198,216 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $386,352 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,825 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $117,826 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,180,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,257,087 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,231,574 |
| 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 | $32,232 |
| Net Land, buildings, and equipment | $444,837 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $33,891 |
| Other assets | $508,151 |
| Total assets | $5,507,772 |
| Accounts payable and accrued expenses | $504,052 |
| Grants payable | $0 |
| Deferred revenue | $131,821 |
| 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 | $156,721 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $359,225 |
| Total liabilities | $1,151,819 |
| Net assets without donor restrictions | $3,022,330 |
| Net assets with donor restrictions | $1,333,623 |
| 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 | $5,507,772 |