Pinnacles Prep Charter School is located in Wenatchee, WA. The organization was established in 2019. 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 08/2022, Pinnacles Prep Charter School employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pinnacles Prep 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 08/2022, Pinnacles Prep Charter School generated $2.7m in total revenue. All expenses for the organization totaled $2.3m during the year ending 08/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TUITION-FREE PUBLIC CHARTER SCHOOL DEVOTED TO INTELLECTUAL INQUIRY AND A COLLABORATIVE SPIRIT OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC CHARTER SCHOOL FOCUSED ON DELIVERING RELEVANT AND INNOVATIVE EDUCATIONAL EXPERIENCE TO STUDENTS IN SIXTH AND SEVENTH GRADES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jill Fineis CEO | Officer | 40 | $110,635 |
Rick Wray Chair | OfficerTrustee | 3 | $0 |
Tyler Mcgee Treasurer | OfficerTrustee | 1 | $0 |
Oscar Licon Eusebio Secretary | OfficerTrustee | 1 | $0 |
Jazmin Flora Fernandez Member | Trustee | 1 | $0 |
Xaxira Velasco Ponce DE Leon Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Tbcc Llc Facility Construction | 8/30/21 | $163,404 |
The Doh Associates Ps Facility Construction | 8/30/21 | $130,407 |
Tbcc Llc Facility Construction | 8/30/21 | $163,404 |
The Doh Associates Ps Facility Construction | 8/30/21 | $130,407 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,006,528 |
All other contributions, gifts, grants, and similar amounts not included above | $639,147 |
Noncash contributions included in lines 1a–1f | $22,805 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,645,675 |
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 | $2,650,223 |
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. | $137,250 |
Compensation of current officers, directors, key employees. | $34,313 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $908,210 |
Pension plan accruals and contributions | $102,386 |
Other employee benefits | $163,434 |
Payroll taxes | $82,090 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,377 |
Fees for services: Accounting | $96,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $252,931 |
Advertising and promotion | $24,573 |
Office expenses | $28,296 |
Information technology | $42,167 |
Royalties | $0 |
Occupancy | $147,384 |
Travel | $438 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $44,815 |
Interest | $16,609 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $63,426 |
Insurance | $16,622 |
All other expenses | $2,786 |
Total functional expenses | $2,301,768 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $579,844 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $198,538 |
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 | $96,710 |
Net Land, buildings, and equipment | $1,221,648 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,096,740 |
Accounts payable and accrued expenses | $229,239 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $366,980 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $596,219 |
Net assets without donor restrictions | $1,461,374 |
Net assets with donor restrictions | $39,147 |
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 | $2,096,740 |
Over the last fiscal year, we have identified 7 grants that Pinnacles Prep Charter School has recieved totaling $1,227,945.
Awarding Organization | Amount |
---|---|
Washington State Charter Schools Association Seattle, WA PURPOSE: SUPPORT OF WASHINGTON CHARTER PUBLIC SCHOOLS | $933,205 |
New Schools Fund Oakland, CA PURPOSE: INNOVATIVE SCHOOLS | $214,000 |
Community Foundation Of North Central Washington Wenatchee, WA PURPOSE: VARIOUS PURPOSES AS APPROVED BY CFNCW BOARD | $31,129 |
Washington Charter School Development Inc Seattle, WA PURPOSE: EDUCATION | $20,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $19,546 |
The Red Cabin Foundation Trust Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Evergreen School Shoreline, WA | $54,109,732 | $18,688,724 |
University Child Development School Seattle, WA | $35,789,355 | $15,422,217 |
Seattle Country Day School Seattle, WA | $55,770,404 | $17,470,349 |
St Thomas School Medina, WA | $79,286,782 | $15,883,490 |
French American School Of Puget Sound Mercer Island, WA | $16,865,271 | $13,425,838 |
The Open Window School Bellevue, WA | $36,380,827 | $12,092,167 |
Gresham Arthur Academy Public Charter School Portland, OR | $14,718,484 | $9,208,791 |
Kings Way Christian Schools Vancouver, WA | $6,224,718 | $10,439,261 |
The Bertschi School Seattle, WA | $29,979,926 | $9,759,275 |
Northwest Christian Schools Inc Colbert, WA | $28,921,822 | $10,264,854 |
Meridian School Seattle, WA | $11,104,364 | $8,438,770 |
Santiam Christian Schools Adair Village, OR | $11,670,742 | $5,933,883 |