Pinnacles Prep Charter School
- Assets
- $2.1m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 26
- Location
- Wenatchee, WA
- Founding
- 08/2019
- Data as of
- 08/2022
- EIN
- 83-4473193
Organization Overview
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
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 |
Karen Rutherford Member | Trustee | 1 | $0 |
Xaxira Velasco Ponce DE Leon Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| 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 |
Financial Statements
| 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 |