Roads Education Organization FY2023 filing

Tax-deductible

Chico, CA501(c)(3)Since 2009EducationEIN 27-0862011Revenue $9.7M in FY2023

On file with the IRSpivotnorthvalley.com1390 E 9th St Ste 190, 95928-5966 · Chico, CATax-exempt since Dec 2012School — 170(b)(1)(A)(ii)

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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.
87¢ of each $1 spent went to programs.
$295K 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

FY2023 · 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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$295K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.8M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.7M
+2% vs prior year
Spent
$9.4M
To programs
87%
Net assets
$4.1M
By yearFY2020–FY2024
Revenue
$9.7M
FY2023▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.4M
FY2021$8.7M
FY2022$9.6M
FY2023$9.7M
FY2024$11.3M
FY2024$11.7M
Expenses
$9.4M
FY2023▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.9M
FY2021$7.9M
FY2022$8.8M
FY2023$9.4M
FY2024$10.6M
FY2024$11.8M
Net assets
$4.1M
FY2023▲ +7%
Tap a bar for its year
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 FY2023 Form 990 (year ending June 2023) · 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

87 cents of each dollar spent went to programs.

Program services 87% · $8.2M Management & general 13% · $1.3M

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; $295K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$203,970Pt VII · Sec A
Chief Business Officer
$91,336Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman (end May 2023)
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Chairman (start May 2023)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$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.

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Provided by the organization

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1 program · $8.2M · in their own filed words · FY2022
01

Roads education organization (roads) helps to provide an online curriculum to students. In the year ended for june 30, 2023 roads served approximately 720 students, grades TK-12 for 176 instructional days.

$8.2Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$9.7M
Ln 12
Gifts and grantsLn 1h$9.7M
Investment incomeLn 3$40K
Other incomeLn 4–11$5K
Money outPt IX
$9.4M
Ln 25
Programscol B$8.2M
Managementcol C$1.3M
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$4.0M
Total assetsLn 16$7.9M
LiabilitiesLn 26$3.8M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.7M
Government grantsLn 1e$9.7M
Investment incomeLn 3$40K
Other incomeLn 4–11$5K
Total revenueLn 12$9.7M
Assets in detailPt X, end of year
CashLn 1$768K
SavingsLn 2$3.3M
Cash and savings togetherLn 1–2$4.0M
Land, buildings, equipmentLn 10c$404K
Other assetsLn 15$2.1M
Total assetsLn 16$7.9M
LiabilitiesLn 26$3.8M
Net assetsLn 32$4.1M
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 FY23End FY23
Cash and savingsLn 1–2$2.9M$4.0M
Land, buildings, equipmentLn 10c$640K$404K
Total assetsLn 16$5.1M$7.9M
LiabilitiesLn 26$1.3M$3.8M
Net assetsLn 32$3.8M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$375K$375K
Other salaries and wagesLn 7$4.7M$4.5M$267K
Pension plan contributionsLn 8$679K$639K$40K
Other employee benefitsLn 9$645K$622K$23K
Payroll taxesLn 10$129K$122K$7K
Management feesLn 11a$278K$20K$258K
Legal feesLn 11b$14K$14K
Accounting feesLn 11c$33K$33K
Other fees for servicesLn 11g$415K$369K$45K
Advertising and promotionLn 12$99K$93K$6K
Office expensesLn 13$13K$13K
Information technologyLn 14$138K$132K$6K
OccupancyLn 16$688K$409K$279K
Conferences, conventions and meetingsLn 19$173K$169K$4K
InterestLn 20$20K$20K
Depreciation, depletion and amortizationLn 22$275K$196K$79K
InsuranceLn 23$108K$108K
Other expenses (24a–d)Ln 24$464K$381K$83K
All other expensesLn 24e$150K$148K$2K
Total functional expensesLn 25$9.4M$8.2M$1.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $11.3M$10.6M$699K$4.8M 990 PDF
FY2023 Viewing $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 $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 FY2023 990 (6 parts)
Part I · Summary $9,715,727 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,450,579$9,670,707
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $5,993$40,116
I-11 Other revenuePrior year $100,734$4,904
I-12 Total revenuePrior year $9,557,306$9,715,727
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,106,568$6,575,168
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,713,451$2,867,391
I-18 Total expensesPrior year $8,820,019$9,442,559
I-19 Revenue less expensesPrior year $737,287$273,168
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,715,727 across 6 lines filed
VIII-1e Government grants$9,667,848
VIII-1f All other contributions, gifts and grants$2,859
VIII-1h Total contributions, gifts and grants$9,670,707
VIII-3 Investment incomeExcluded from tax $40,116$40,116
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,904$4,904
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $45,020$9,715,727
Part IX · Statement of functional expenses $9,442,559 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $375,452$375,452
IX-7 Other salaries and wagesPrograms $4,479,303 · Management $267,229$4,746,532
IX-8 Pension plan contributionsPrograms $638,556 · Management $40,369$678,925
IX-9 Other employee benefitsPrograms $622,129 · Management $23,132$645,261
IX-10 Payroll taxesPrograms $122,126 · Management $6,872$128,998
IX-11a Management feesPrograms $20,499 · Management $257,999$278,498
IX-11b Legal feesManagement $13,552$13,552
IX-11c Accounting feesManagement $33,086$33,086
IX-11g Other fees for servicesPrograms $369,144 · Management $45,378$414,522
IX-12 Advertising and promotionPrograms $93,038 · Management $5,548$98,586
IX-13 Office expensesManagement $13,389$13,389
IX-14 Information technologyPrograms $131,604 · Management $6,033$137,637
IX-16 OccupancyPrograms $409,024 · Management $279,083$688,107
IX-19 Conferences, conventions and meetingsPrograms $168,602 · Management $4,394$172,996
IX-20 InterestPrograms $20,003$20,003
IX-22 Depreciation, depletion and amortizationPrograms $196,076 · Management $78,762$274,838
IX-23 InsuranceManagement $107,732$107,732
IX-24 Other expenses (24a–d)Programs $381,187 · Management $83,283$464,470
IX-24e All other expensesPrograms $148,013 · Management $1,962$149,975
IX-25 Total functional expensesPrograms $8,174,756 · Management $1,267,803 · Fundraising $0$9,442,559
Part X · Balance sheet $7,882,377 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,649,504$767,503
X-2 Savings and temporary cash investmentsStart of year $1,245,571$3,281,512
X-4 Accounts receivableStart of year $1,380,510$1,125,928
X-9 Prepaid expenses and deferred chargesStart of year $185,524$156,208
X-10c Land, buildings and equipment, netStart of year $640,041$403,898
X-15 Other assetsStart of year $16,947$2,147,328
X-16 Total assetsStart of year $5,118,097$7,882,377
X-17 Accounts payable and accrued expensesStart of year $649,226$933,189
X-19 Deferred revenueStart of year $662,726$680,981
X-25 Other liabilitiesStart of year $0$2,188,894
X-26 Total liabilitiesStart of year $1,311,952$3,803,064
X-27 Net assets without donor restrictionsStart of year $3,806,145$4,079,313
X-32 Total net assets or fund balancesStart of year $3,806,145$4,079,313
X-33 Total liabilities and net assetsStart of year $5,118,097$7,882,377
Part XI · Reconciliation of net assets $4,079,313 net assets at year end
XI-1 Total revenue$9,715,727
XI-2 Total expenses$9,442,559
XI-3 Revenue less expenses$273,168
XI-4 Net assets at start of year$3,806,145
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,079,313

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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