Connecting Waters Charter Schools
- Assets
- $32.0m
- Revenue
- $24.8m
- Investments
- $0.0
- Employees
- 232
- Location
- Waterford, CA
- Founding
- 09/2015
- Data as of
- 06/2022
- EIN
- 47-1168738
Organization Overview
Connecting Waters Charter Schools is located in Waterford, CA. The organization was established in 2015. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Connecting Waters Charter Schools employed 232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecting Waters Charter Schools 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, Connecting Waters Charter Schools generated $24.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $22.2m during the year ending 06/2022. While expenses have increased by 2.9% 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
THE GOAL OF THE ORGANIZATION IS TO HELP STUDENTS BECOME EDUCATED INDIVIDUALS WHO ARE INSTRINSICALLY MOTIVATED TO LEARN, AND WHO HAVE DIVERSE YET WELL-DEVELOPED INTERESTS. THE ORGANIZATION IS OPEN TO ALL STUDENTS IN GRADES K-12 SEEKING A NON-TRADITIONAL EDUCATIONAL SETTING FROM THE FOLLOWING CALIFORNIA COUNTIES: STANISLAUS, MERCED, MARIPOSA, TUOLUMNE, CALAVERAS, SAN JOAQUIN, ALAMEDA AND SANTA CLARA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE AND MANAGE THE CALIFORNIA PUBLIC CHARTER SCHOOL: CONNECTING WATERS CHARTER SCHOOL.
TO OPERATE AND MANAGE THE CALIFORNIA PUBLIC CHARTER SCHOOL: CONNECTING WATERS EAST BAY.
TO OPERATE AND MANAGE THE CALIFORNIA PUBLIC CHARTER SCHOOL: CONNECTING WATERS CENTRAL VALLEY.
TO OPERATE AND MANAGE THE CALIFORNIA PUBLIC CHARTER SCHOOL: CONNECTING WATERS CENTRAL VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Nelson Exec Directo | Officer | 40 | $234,046 |
Debbie Nishihama Education Sp | 40 | $164,938 | |
Lindy J Janssen Education Sp | 40 | $141,637 | |
Melissa Cripe Guidance Cou | 40 | $136,960 | |
Shanda Rickman Education Sp | 40 | $124,562 | |
Michelle L Day Special Ed D | 40 | $117,751 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Delta Managed Solutions Inc Backoffice Svcs | 6/29/22 | $481,395 |
School Pathways Llc Info Systems | 6/29/22 | $157,011 |
Our Lady Of The Rosary Parish Rent | 6/29/22 | $116,367 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,784,185 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,798,449 |
| Total Program Service Revenue | $0 |
| Investment income | $5,944 |
| 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 | $24,804,393 |
| 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. | $234,046 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,268,738 |
| Pension plan accruals and contributions | $1,725,943 |
| Other employee benefits | $1,719,708 |
| Payroll taxes | $376,749 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,445 |
| Fees for services: Accounting | $569,962 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,328,170 |
| Advertising and promotion | $1,200 |
| Office expenses | $110,964 |
| Information technology | $1,106 |
| Royalties | $0 |
| Occupancy | $279,912 |
| Travel | $4,243 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,257 |
| Interest | $283,837 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $402,847 |
| Insurance | $106,513 |
| All other expenses | $58,296 |
| Total functional expenses | $22,210,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,469,837 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,157,901 |
| 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 | $174,383 |
| Net Land, buildings, and equipment | $11,138,043 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,598 |
| Total assets | $31,954,762 |
| Accounts payable and accrued expenses | $4,870,190 |
| Grants payable | $0 |
| Deferred revenue | $170,945 |
| 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 | $5,436,063 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,477,198 |
| Net assets without donor restrictions | $21,218,279 |
| Net assets with donor restrictions | $259,285 |
| 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 | $31,954,762 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Connecting Waters Charter Schools has recieved totaling $215.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $215 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis Parker School San Diego, CA | $194,908,820 | $57,687,551 |
La Jolla Country Day School La Jolla, CA | $114,865,046 | $46,001,052 |
Sierra Canyon High School Foundation Chatsworth, CA | $85,774,367 | $48,990,674 |
Mid-Pacific Institute Honolulu, HI | $101,803,937 | $45,053,597 |
St Margaret Of Scotland Episcopal School San Juan Capistrano, CA | $134,064,500 | $40,914,385 |
Polytechnic School Pasadena, CA | $171,943,339 | $44,872,252 |
Robert Louis Stevenson School Pebble Beach, CA | $122,648,077 | $40,501,209 |
Head-Royce School Oakland, CA | $139,836,677 | $50,710,547 |
Leman Academy Of Excellence Inc Tucson, AZ | $127,912,652 | $38,356,100 |
San Domenico School San Anselmo, CA | $70,945,076 | $41,031,926 |
Alexander Dawson Foundation Las Vegas, NV | $318,582,392 | $50,508,481 |
Buckley School Sherman Oaks, CA | $161,147,758 | $37,463,452 |