Valiente College Preparatory
- Assets
- $2.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 39
- Location
- South Gate, CA
- Founding
- 05/2015
- Data as of
- 06/2022
- EIN
- 46-5141601
Organization Overview
Valiente College Preparatory is located in South Gate, CA. The organization was established in 2015. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Valiente College Preparatory employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valiente College Preparatory 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, Valiente College Preparatory generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 13.3% 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
VALIENTE COLLEGE PREPARATORY IS A PUBLIC CHARTER SCHOOL SERVING STUDENTS IN SOUTHEAST LOS ANGELES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CALIFORNIA PUBLIC CHARTER SCHOOL SERVING GRADES 5-8. DURING THE YEAR ENDED JUNE 30, 2022, THE SCHOOL SERVICED 127 STUDENTS FROM GRADES 5-8 THROUGH 182 DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deena Williams Chair | OfficerTrustee | 2 | $0 |
Jessica Boro Secretary | OfficerTrustee | 2 | $0 |
Jennifer Bunn-Hayden Treasurer | OfficerTrustee | 2 | $0 |
Carmen Avalos Member | Trustee | 2 | $0 |
Teodoro Olivos Member | Trustee | 2 | $0 |
Pamela Christian Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,670,947 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,682,376 |
| 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 | $2,698,958 |
| 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. | $114,154 |
| Compensation of current officers, directors, key employees. | $13,698 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,184,785 |
| Pension plan accruals and contributions | $21,838 |
| Other employee benefits | $140,331 |
| Payroll taxes | $105,778 |
| Fees for services: Management | $13,352 |
| Fees for services: Legal | $10,612 |
| Fees for services: Accounting | $97,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $245,633 |
| Advertising and promotion | $23,676 |
| Office expenses | $58,689 |
| Information technology | $33,859 |
| Royalties | $0 |
| Occupancy | $262,561 |
| Travel | $7,609 |
| 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 | $11,721 |
| Insurance | $33,173 |
| All other expenses | $0 |
| Total functional expenses | $2,551,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,634,756 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $517,762 |
| 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 | $45,686 |
| Net Land, buildings, and equipment | $48,961 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,247,165 |
| Accounts payable and accrued expenses | $250,071 |
| Grants payable | $0 |
| Deferred revenue | $162,906 |
| 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 | $412,977 |
| Net assets without donor restrictions | $1,834,188 |
| 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 | $2,247,165 |