Siatech INC EIN 20-0898502

Siatech INC

EIN  20-0898502 Public charity (501(c)(3)) Oceanside, CA Founded 2004
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/9/26 · see original filing: IRS
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Size
$10–100M
What they do
Re-engages disconnected students with technology-integrated academics to earn a high school diploma.
Leadership
Stacey Wilkins · Interim Supt/CEO · $212K
Money in and out
$25.8M revenue, $24.1M expenses
Bottom line
66% program efficiency

Re-engages disconnected students with technology-integrated academics to earn a high school diploma. For fiscal year 2024 it reported $25.8M in revenue, $24.1M in expenses, and $8.7M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$25.8M
Pt VIII · Ln 12
Total expenses
$24.1M
Pt IX · Ln 25
Net assets
$8.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.8M
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.34
Program efficiency
66%
of spending reaches programs▼ -21% vs prior filing year
Operating runway
4.2mo
months of highly liquid reserves at operating expense rate▲ +35% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▲ +18% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$25.8M
FY2024▲ +6%
Expenses
$24.1M
FY2024▲ +5%
Total assets
$11.7M
FY2024▲ +10%
Total liabilities
$2.9M
FY2024▼ -5%
Total revenue
$25.8M
Pt VIII · Ln 12
Total expenses
$24.1M
Pt IX · Ln 25
Net assets
$8.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.8M
Total assetsPt X · Ln 16$11.7M
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $16.0M of program spending, described in the organization's own filed words · FY2024.
01

Siatech is a wasc-accredited network of free public charter high schools designed to be small, individualized campuses that give students the opportunity to earn a high school diploma while gaining valuable job and life skills.

$16.0Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSiatech INC
EINHdr · item D20-0898502
Principal addressHdr · item COceanside, CA
WebsiteHdr · item Jwww.siatechschools.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B29)
Ruling yearIRS BMFJul 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Interim Supt/CEO
$212,167Pt VII · Sec A
Chief Finance Officer
$161,220Pt VII · Sec A
Asst Supt Instruction & Student Support Services
$146,206Pt VII · Sec A
Executive Director of Schools
$145,022Pt VII · Sec A
Former Superintendent
$140,835Pt VII · Sec A
Lead Teacher/Education Specialist
$135,264Pt VII · Sec A
Principal, Long Beach Job Corps Center
$131,897Pt VII · Sec A
IT Administrator
$127,146Pt VII · Sec A

Stacey Wilkins’s $212K as Interim Supt/CEO is at the 42nd percentile of top reported officer pay among 3682 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Linda Dawson$248,341
Terrance Mims$140,835$229,373$224,091$220,002$121,854
Stacey Wilkins$212,167$172,363$166,964$108,538
Manouchehr Hadjiaghai$191,331
Mike Hadjiaghai$186,018$181,220$176,536$170,081
Lin Mueller$180,883
Linda Miller$176,889$172,084$165,946$157,390
Ernest Silva$165,603

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$25.6M · 99%
Investment income$198K · 1%
Contributions & grants99%$25.6M
Investment income1%$198K
Other revenue$27K
— government grantsLn 1e$25.6M
Total revenueLn 12$25.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.34
Program services66%$16.0M
Management & general34%$8.1M
Total functional expensesLn 25$24.1M

Balance Sheet

Part X · end of year
CashLn 1$8.5M
Total assetsLn 16$11.7M
Total liabilitiesLn 26$2.9M
Total net assetsLn 32$8.7M
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $8.5M · Operating expenses/yr $24.1M
4.2 months
Where the money goes
Program services
Program services $16.0M · Total expenses $24.1M
66%
Management & General
Management & general $8.1M · Total expenses $24.1M
34%
Fundraising
Fundraising $0 · Total expenses $24.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $928K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $25.6M · Total revenue $25.8M
99%
Government reliance
Government grants $25.6M · Total revenue $25.8M
99%
Earned-income share
Program service revenue $0 · Total revenue $25.8M
0%
Investment reliance
Investment income $198K · Total revenue $25.8M
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $24.1M
0%
Growth & trend
Revenue growth (YoY)
This year $25.8M · Prior year $24.4M
+6%
Revenue CAGR
FY2019 $20.8M · FY2024 $25.8M
+4%
Net-asset trend (YoY)
End of year $8.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $25.8M · Expenses $24.1M
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $11.7M
Net-asset ratio
Net assets $8.7M · Total assets $11.7M
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $11.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stacey Wilkins · Reported title INTERIM SUPT/CEO · Highest reported compensation $212K · Total expenses $24.1M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18.1M · Total expenses $24.1M
75%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 34%
Revenue growth 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$24.4M revenue · ⤓ 990 PDF
FY2023$20.2M revenue · ⤓ 990 PDF
FY2022$15.8M revenue · ⤓ 990 PDF
FY2021$24.5M revenue · ⤓ 990 PDF
FY2020$20.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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