Elite Public Schools
- Assets
- $2.7m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 62
- Location
- Vallejo, CA
- Founding
- 09/2019
- Data as of
- 06/2021
- EIN
- 82-3303827
Organization Overview
Elite Public Schools is located in Vallejo, CA. The organization was established in 2019. 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 06/2021, Elite Public Schools employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elite 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ENSURE ALL STUDENTS REACH THEIR FULLEST POTENTIAL THROUGH ACCESS TO LEARNING SPACES THAT HONOR AND CELEBRATE STUDENTS' RICH CULTURAL HERITAGE AND CHALLENGE THEM WITH RIGOROUS AND RELEVANT LEARNING EXPERIENCES DESIGNED TO MAKE THEM ACTIVE PARTICIPANTS IN THEIR OWN SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENTS WILL GRADUATE TRILINGUAL (PROFICIENT IN ENGLISH, SPANISH AND CODING), WITH THE CONFIDENCE AND COMPETENCE TO MATRICULATE INTO FOUR-YEAR UNIVERSITIES, AND BECOME GLOBAL ENTREPRENEURS AND LEADERS. FOUNDED IN 2019, ELITE PUBLIC IS A K-12 PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 470 STUDENTS IN VALLEJO, CALIFORNIA.
STUDENTS WILL GRADUATE TRILINGUAL (PROFICIENT IN ENGLISH, SPANISH AND CODING), WITH THE CONFIDENCE AND COMPETENCE TO MATRICULATE INTO FOUR-YEAR UNIVERSITIES, AND BECOME GLOBAL ENTREPRENEURS AND LEADERS. FOUNDED IN 2019, ELITE PUBLIC IS A K-12 PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 470 STUDENTS IN VALLEJO, CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Alana Shakelford Deputy Chief Executive Officer | 40 | $118,116 | |
Ramona Bishop President/ceo | Officer | 40 | $117,121 |
Danny Jefferson Chair | OfficerTrustee | 5 | $0 |
Dr Juanita Reynolds Treasurer | OfficerTrustee | 5 | $0 |
Dr Dante R Quick Member | Trustee | 1 | $0 |
Toni Mallory Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,150,646 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,152,706 |
| Total Program Service Revenue | $4,477 |
| 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 | $6,326,556 |
| 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. | $180,032 |
| Compensation of current officers, directors, key employees. | $45,008 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,073,512 |
| Pension plan accruals and contributions | $194,488 |
| Other employee benefits | $314,532 |
| Payroll taxes | $61,320 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,976 |
| Fees for services: Accounting | $10,722 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $547,811 |
| Advertising and promotion | $24,357 |
| Office expenses | $247,171 |
| Information technology | $139,180 |
| Royalties | $0 |
| Occupancy | $698,808 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,381 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $50,972 |
| All other expenses | $0 |
| Total functional expenses | $5,301,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,707 |
| Savings and temporary cash investments | $691,961 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,934,588 |
| 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 | $53,795 |
| Net Land, buildings, and equipment | $16,645 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,699,696 |
| Accounts payable and accrued expenses | $250,724 |
| Grants payable | $0 |
| Deferred revenue | $271,608 |
| 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 | $1,775,979 |
| Other liabilities | $0 |
| Total liabilities | $2,298,311 |
| Net assets without donor restrictions | $401,385 |
| 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 | $2,699,696 |
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