Highlands Adult & Community Charter School
- Assets
- $26.0m
- Revenue
- $66.0m
- Investments
- $0.0
- Employees
- 351
- Location
- Sacramento, CA
- Founding
- 09/2016
- Data as of
- 06/2022
- EIN
- 46-1190967
Organization Overview
Highlands Adult & Community Charter School is located in Sacramento, CA. The organization was established in 2016. 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, Highlands Adult & Community Charter School employed 351 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highlands Adult & Community 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 06/2022, Highlands Adult & Community Charter School generated $66.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $55.2m during the year ending 06/2022. While expenses have increased by 31.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE EDUCATION FOR A HIGH SCHOOL DIPLOMA TO OUR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest Daniels President | OfficerTrustee | 2 | $2,880 |
Doyle Radford Vice President | OfficerTrustee | 2 | $2,880 |
Matt Powers Secretary | OfficerTrustee | 2 | $2,844 |
Sonja Cameron Treasurer | OfficerTrustee | 2 | $2,880 |
Sharon Rocco Director | Trustee | 2 | $2,880 |
Rick Jones Director | Trustee | 2 | $2,844 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rpc Cleaning & Maintenance Custodial Services | 6/29/22 | $1,031,942 |
Delta Managed Solutions Back Office Support | 6/29/22 | $1,021,797 |
Twin Rivers Unified School District Authorizer Oversight | 6/29/22 | $540,049 |
Ca Asian Pacific Chamber Of Commerce Consulting | 6/29/22 | $120,000 |
Asian Resources Educational Services | 6/29/22 | $452,891 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,913,657 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,111,388 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,025,045 |
| 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 | $66,025,045 |
| 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. | $325,651 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,036,527 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,215,927 |
| 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 | $52,410 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $232,093 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $55,175,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,600,751 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,123,663 |
| 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 | $810,421 |
| Net Land, buildings, and equipment | $2,396,554 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $97,321 |
| Total assets | $26,028,710 |
| Accounts payable and accrued expenses | $4,299,356 |
| Grants payable | $0 |
| Deferred revenue | $641,138 |
| 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 | $4,940,494 |
| Net assets without donor restrictions | $18,296,772 |
| Net assets with donor restrictions | $2,791,444 |
| 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 | $26,028,710 |