Citrus Springs Charter School
- Assets
- $2.7m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 62
- Location
- Temecula, CA
- Founding
- 03/2018
- Data as of
- 06/2022
- EIN
- 81-2585207
Organization Overview
Citrus Springs Charter School is located in Temecula, CA. The organization was established in 2018. 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, Citrus Springs Charter School employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citrus Springs 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, Citrus Springs Charter School generated $5.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $4.6m during the year ending 06/2022. While expenses have increased by 16.0% 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
A TK-12TH GRADE CHARTER SCHOOL OFFERING EACH OF ITS STUDENTS A PERSONALIZED ACADEMIC PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CALIFORNIA PUBLIC CHARTER SCHOOL: DURING 2021-22, CITRUS SPRINGS CHARTER SCHOOL (CSCS) SERVED APPROXIMATELY 385 STUDENTS. CSCS IS A PARENT CHOICE SCHOOL, WHERE THE COMMUNITY IS THE CLASSROOM. CSCS IS OPEN TO ALL STUDENTS IN GRADES TK-12. CSCS BELIEVES THAT LEARNING BEST OCCURS WHEN STUDENTS ARE EDUCATED THROUGH A PERSONALIZED LEARNING (PL), GOAL ORIENTED CURRICULUM WHICH IS DEVELOPED UTILIZING HOME-BASED LEARNING MODELS, INTERNSHIPS, COMMUNITY-BASED EDUCATIONAL PROGRAMS, GROUP SEMINARS, DISTANCE LEARNING VIA CURRENT TECHNOLOGY, SUPPLEMENTAL LEARNING PROJECTS, AND CURRENT EDUCATIONAL RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Lopez Principal | 21 | $128,043 | |
Laura Ballance Edu Specialist | 21 | $81,867 | |
Deborah Grabosky Homeschool Collab | 21 | $79,064 | |
Robyn Boyd Sped Teacher | 21 | $76,566 | |
Caroline Look Academy Teacher | 21 | $74,769 | |
Michael Shurance Vice President | OfficerTrustee | 2 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,700,444 |
| 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 | $4,700,444 |
| Total Program Service Revenue | $0 |
| Investment income | $1,568 |
| 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 | $4,992,743 |
| 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. | $27,750 |
| Compensation of current officers, directors, key employees. | $3,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,792,116 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $621,219 |
| 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 | $854,448 |
| Advertising and promotion | $45,810 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $57,857 |
| 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 | $3,226 |
| Insurance | $36,887 |
| All other expenses | $138,485 |
| Total functional expenses | $4,569,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,109,709 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $496,176 |
| 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 | $24,685 |
| Net Land, buildings, and equipment | $22,677 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,653,247 |
| Accounts payable and accrued expenses | $706,198 |
| Grants payable | $0 |
| Deferred revenue | $106,150 |
| 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 | $5,000 |
| Total liabilities | $817,348 |
| Net assets without donor restrictions | $1,835,899 |
| 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 | $2,653,247 |