California Online Public Schools
- Assets
- $38.4m
- Revenue
- $88.6m
- Investments
- $0.0
- Employees
- 446
- Location
- San Juan Capistrano, CA
- Founding
- 07/2009
- Data as of
- 06/2022
- EIN
- 51-0596749
Organization Overview
California Online Public Schools is located in San Juan Capistrano, CA. The organization was established in 2009. 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, California Online Public Schools employed 446 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Online Public 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, California Online Public Schools generated $88.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.4% each year . All expenses for the organization totaled $80.1m during the year ending 06/2022. While expenses have increased by 50.4% 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
TO OFFER STUDENTS A PERSONALIZED LEARNING APPROACH TO ACHIEVE POTENTIAL AND HIGH PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CALIFORNIA ONLINE PUBLIC SCHOOLS OPERATES SIX CALIFORNIA CONNECTIONS ACADEMIES AT THE FOLLOWING LOCATIONS: CENTRAL, NORTH BAY, SOUTHERN CALIFORNIA, CENTRAL COAST, RIPON, AND MONTEREY BAY. THE ACADEMY SERVES GRADES K-12 AND PROVIDES A FORM OF PUBLIC SCHOOL THAT STUDENTS ATTEND FROM HOME USING THE INTERNET TO CONNECT TO TEACHERS. THEIR MISSION IS ACCOMPLISHED THROUGH A UNIQUELY INDIVIDUALIZED LEARNING PROGRAM THAT COMBINES THE BEST IN VIRTUAL EDUCATION WITH REAL CONNECTIONS AMONG STUDENTS, FAMILY, TEACHERS, AND THE COMMUNITY TO PROMOTE ACADEMIC AND EMOTIONAL SUCCESS FOR EVERY LEARNER. THE CHARTER SCHOOL PROGRAM PROVIDES A HIGH-QUALITY, HIGH-TECH, HIGH-INTERACTION VIRTUAL "SCHOOL WITHOUT WALLS" THAT BRINGS AN ACCREDITED TUITION FREE PUBLIC EDUCATIONAL PROGRAM DIRECTLY INTO THE HOMES OF STUDENTS IN GRADES K-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Richard Savage Executive Director | Officer | 40 | $202,921 |
Dr Richie Romero Duty Superintendent | 40 | $166,745 | |
Kara Mannix Principal | 40 | $154,455 | |
Heather Tamayo Principal | 40 | $143,626 | |
Dr Frances Sassin Director Of Business Services | 40 | $144,909 | |
Leslie Dombek Assistant Principal | 40 | $117,419 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $88,613,528 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,613,528 |
| Total Program Service Revenue | $0 |
| Investment income | $17,161 |
| 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 | $88,645,360 |
| 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. | $268,466 |
| Compensation of current officers, directors, key employees. | $268,466 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,806,119 |
| Pension plan accruals and contributions | $4,333,651 |
| Other employee benefits | $6,139,287 |
| Payroll taxes | $601,512 |
| Fees for services: Management | $5,755,990 |
| Fees for services: Legal | $221,079 |
| Fees for services: Accounting | $1,653,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,265,248 |
| Advertising and promotion | $1,435,427 |
| Office expenses | $642,650 |
| Information technology | $8,949,690 |
| Royalties | $0 |
| Occupancy | $655,170 |
| Travel | $824,031 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $447,283 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,168 |
| Insurance | $11,684 |
| All other expenses | $0 |
| Total functional expenses | $80,090,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,690,770 |
| Savings and temporary cash investments | $1,800,921 |
| Pledges and grants receivable | $13,488,991 |
| Accounts receivable, net | $0 |
| 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 | $394,703 |
| Net Land, buildings, and equipment | $24,211 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,387 |
| Total assets | $38,419,983 |
| Accounts payable and accrued expenses | $21,636,561 |
| Grants payable | $0 |
| Deferred revenue | $2,020,760 |
| 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 | $41,840 |
| Total liabilities | $23,699,161 |
| Net assets without donor restrictions | $14,720,822 |
| 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 | $38,419,983 |