Roads Education Organization FY2020 filing

Tax-deductible

Chico, CA501(c)(3)Since 2009EducationEIN 27-0862011

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The mission of Roads Education is to transform students' (in grades k-12) experience in Education. By establishing strong relationships, providing a caring environment, and building the skills required to be an independent learner, Roads Education promotes and graduates confident, self-actualized humans. Using an individualized online curriculum coupled with personalized paths, students in grades k-12 receive ongoing support, communication, and oversight.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$279K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $600K a year · 6% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$279K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.7M
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.4M
Spent
$7.9M
To programs
82%
Net assets
$2.3M
By yearFY2020–FY2024
Revenue
$8.4M
FY2020
Revenue by fiscal year
FY2020$8.4M
FY2021$8.7M
FY2022$9.6M
FY2023$9.7M
FY2024$11.3M
FY2024$11.7M
Expenses
$7.9M
FY2020
Expenses by fiscal year
FY2020$7.9M
FY2021$7.9M
FY2022$8.8M
FY2023$9.4M
FY2024$10.6M
FY2024$11.8M
Net assets
$2.3M
FY2020
Net assets by fiscal year
FY2020$2.3M
FY2021$3.1M
FY2022$3.8M
FY2023$4.1M
FY2024$4.8M
FY2024$4.7M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $6.5M Management & general 18% · $1.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $279K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$189,023Pt VII · Sec A
Chief Business Officer
$89,562Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jayna Gaskell’s $218K as Executive Director is at the 44th percentile of top reported officer pay among 3683 $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 · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Jayna Gaskell$218,193$219,345$203,970$198,823$194,258$189,023
Elizabeth Jones$113,886$102,708$91,336$89,517$91,319$89,562
Brittany Daugherty$104,062—————
Tracy Dawn Williams———$102,517——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps students achieve educational goals with a high-tech online platform, classes, and personalized support.

Provided by the organization

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1 program service account for $6.5M of program spending, described in the organization's own filed words · FY2019.
01

To provide an online curriculum to students.

$6.5Mprogram expense

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$8.4M
Ln 12
Gifts and grantsLn 1h$8.4M
Investment incomeLn 3$12K
Money outPt IX
$7.9M
Ln 25
Programscol B$6.5M
Managementcol C$1.4M
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$4.0M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.4M
Government grantsLn 1e$8.3M
Investment incomeLn 3$12K
Total revenueLn 12$8.4M
Assets in detailPt X, end of year
CashLn 1$1.6M
Cash and savings togetherLn 1–2$1.6M
Land, buildings, equipmentLn 10c$574K
Other assetsLn 15$17K
Total assetsLn 16$4.0M
LiabilitiesLn 26$1.7M
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 5124
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.3M$1.6M
Land, buildings, equipmentLn 10c$398K$574K
Total assetsLn 16$3.5M$4.0M
LiabilitiesLn 26$1.7M$1.7M
Net assetsLn 32$1.8M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$279K$279K
Other salaries and wagesLn 7$3.9M$3.6M$306K
Other employee benefitsLn 9$1.2M$1.2M$62K
TravelLn 17$124K$116K$8K
Depreciation, depletion and amortizationLn 22$127K$127K
Other expenses (24a–d)Ln 24$2.1M$1.3M$816K
All other expensesLn 24e$147K$45K$102K
Total functional expensesLn 25$7.9M$6.5M$1.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $11.3M$10.6M$699K$4.8M 990 PDF
FY2023 $9.7M$9.4M$273K$4.1M 990 PDF
FY2022 $9.6M$8.8M$737K$3.8M 990 PDF
FY2021 $8.7M$7.9M$777K$3.1M 990 PDF
FY2020 Viewing $8.4M$7.9M$511K$2.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $8,436,127 across 5 lines filed
VIII-1e Government grants$8,291,286
VIII-1f All other contributions, gifts and grants$132,672
VIII-1h Total contributions, gifts and grants$8,423,958
VIII-3 Investment incomeExcluded from tax $12,169$12,169
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $12,169$8,436,127
Part IX · Statement of functional expenses $7,925,556 across 7 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $278,585$278,585
IX-7 Other salaries and wagesPrograms $3,608,777 · Management $306,259$3,915,036
IX-9 Other employee benefitsPrograms $1,155,840 · Management $62,024$1,217,864
IX-17 TravelPrograms $116,003 · Management $8,436$124,439
IX-22 Depreciation, depletion and amortizationManagement $127,214$127,214
IX-24 Other expenses (24a–d)Programs $1,299,130 · Management $815,909$2,115,039
IX-24e All other expensesPrograms $45,395 · Management $101,984$147,379
IX-25 Total functional expensesPrograms $6,503,730 · Management $1,421,826 · Fundraising $0$7,925,556
Part X · Balance sheet $3,955,238 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,322,266$1,587,249
X-4 Accounts receivableStart of year $1,616,190$1,603,824
X-9 Prepaid expenses and deferred chargesStart of year $128,583$173,588
X-10c Land, buildings and equipment, netStart of year $398,397$573,630
X-15 Other assetsStart of year $16,947$16,947
X-16 Total assetsStart of year $3,482,383$3,955,238
X-17 Accounts payable and accrued expensesStart of year $1,701,461$824,553
X-24 Unsecured notes and loans payable$839,192
X-26 Total liabilitiesStart of year $1,701,461$1,663,745
X-27 Net assets without donor restrictionsStart of year $1,433,071$2,291,493
X-28 Net assets with donor restrictionsStart of year $347,851$0
X-32 Total net assets or fund balancesStart of year $1,780,922$2,291,493
X-33 Total liabilities and net assetsStart of year $3,482,383$3,955,238
Part XI · Reconciliation of net assets $2,291,493 net assets at year end
XI-1 Total revenue$8,436,127
XI-2 Total expenses$7,925,556
XI-3 Revenue less expenses$510,571
XI-4 Net assets at start of year$1,780,922
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,291,493

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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