Village Charter Academy is located in Canoga Park, CA. The organization was established in 2014. 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, Village Charter Academy employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Charter 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, Village Charter Academy generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $4.6m during the year ending 06/2022. While expenses have increased by 10.5% 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
VILLAGE CHARTER ACADEMY WILL PROVIDE A POWERFUL KNOWLEDGE BASED CURRICULUM WHERE: STUDENTS ARE MOTIVATED TO RECOGNIZE THE STRENGTH IN THEIR ABILITIES AND GAIN CONFIDENCE IN THEIR OWN SUCCESSES; STUDENTS FEEL RESPECTED AND APPRECIATED BY THEIR PEERS; STUDENTS AND EDUCATORS COLLABORATE TO CREATE A LEARNING ENVIRONMENT THAT PROMOTES THE WILLINGNESS TO SHARE IDEAS, INVESTIGATE, AND TAKE RISKS; WELL-PLANNED LESSONS ARE DIFFERENTIATED FOR MULTIPLE LEARNING NEEDS AND ACCESS IS CREATED FOR ALL STUDENTS TO ACHIEVE THE DESIRED LEARNING GOALS OF THE SCHOOL; PARENTS, EDUCATORS, AND STUDENTS SUPPORT A VILLAGE OF LEARNING, WHICH ENSURES SUCCESS FOR ALL STUDENTS".
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CALIFORNIA PUBLIC CHARTER SCHOOL CURRENTLY SERVING 254 STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kerry Kletter Principal | Officer | 40 | $136,186 |
Jennifer Clark Executive Director | Officer | 40 | $136,186 |
Wendy Shmaeff Director Of Student Servic | Officer | 40 | $117,955 |
Cheryl Sanders President | OfficerTrustee | 2 | $0 |
Michael Heatherton Vice President | OfficerTrustee | 2 | $0 |
Diane Pritchard Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,032,227 |
All other contributions, gifts, grants, and similar amounts not included above | $22,102 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,054,329 |
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 | $5,054,329 |
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. | $490,578 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,800,466 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $760,901 |
Payroll taxes | $108,021 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,496 |
Fees for services: Accounting | $89,604 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,511 |
Advertising and promotion | $3,875 |
Office expenses | $108,314 |
Information technology | $11,784 |
Royalties | $0 |
Occupancy | $415,983 |
Travel | $4,711 |
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 | $74,851 |
Insurance | $50,317 |
All other expenses | $57,697 |
Total functional expenses | $4,615,709 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,574,416 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $647,806 |
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 | $67,102 |
Net Land, buildings, and equipment | $252,694 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $28,400 |
Total assets | $2,570,418 |
Accounts payable and accrued expenses | $147,941 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $464,375 |
Total liabilities | $612,316 |
Net assets without donor restrictions | $1,940,254 |
Net assets with donor restrictions | $17,848 |
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 | $2,570,418 |
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Voices College-Bound Language Academies San Jose, CA | $26,350,864 | $21,078,147 |
Santa Rosa Academy Incorporated Menifee, CA | $46,198,054 | $16,730,823 |
Siatech Inc Oceanside, CA | $9,582,548 | $15,818,647 |
Grow Public Schools Bakersfield, CA | $14,803,093 | $23,549,288 |
Natomas Charter School Sacramento, CA | $32,806,693 | $20,875,289 |
Arizona Community Development Corporation Tucson, AZ | $20,473,547 | $20,902,974 |
Vista Charter Public Schools Los Angeles, CA | $62,725,425 | $20,964,484 |
Roseland Charter School Santa Rosa, CA | $53,872,700 | $25,562,169 |
Ofl William S Hart Inc Pasadena, CA | $11,952,405 | $20,153,084 |
New Designs Charter School Los Angeles, CA | $56,545,069 | $20,507,111 |