Roads Education Organization FY2024 filing

Tax-deductible

Chico, CA501(c)(3)Since 2009EducationEIN 27-0862011Revenue $11.3M in FY2024

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.
$322K 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

FY2024 · 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
$322K
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
$2.9M
38% of total assets
Looks good: liabilities are 38% 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
$11.3M
+16% vs prior year
Spent
$10.6M
To programs
87%
Net assets
$4.8M
By yearFY2020–FY2024
Revenue
$11.3M
FY2024▲ +16%
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
$10.6M
FY2024▲ +12%
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
$4.8M
FY2024▲ +17%
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 FY2024 Form 990 (year ending June 2024) · 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% · $9.2M Management & general 13% · $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

8 people listed on the 990; $322K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$219,345Pt VII · Sec A
Chief Business Officer
$102,708Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$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 · $9.2M · in their own filed words · FY2023
01

Roads education organization (roads) helps to provide an online curriculum to students. In the year ended for june 30, 2024 roads served approximately 800 students, grades TK-12 for 176 instructional days.

$9.2Mprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$11.3M
Ln 12
Gifts and grantsLn 1h$11.2M
Investment incomeLn 3$105K
Other incomeLn 4–11$15K
Money outPt IX
$10.6M
Ln 25
Programscol B$9.2M
Managementcol C$1.4M
Owns and owesPt X
$4.8M
net assets · Ln 32
Cash and savingsLn 1–2$4.5M
Total assetsLn 16$7.7M
LiabilitiesLn 26$2.9M
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.2M
Government grantsLn 1e$11.2M
Investment incomeLn 3$105K
Other incomeLn 4–11$15K
Total revenueLn 12$11.3M
Assets in detailPt X, end of year
CashLn 1$1.1M
SavingsLn 2$3.4M
Cash and savings togetherLn 1–2$4.5M
Land, buildings, equipmentLn 10c$164K
Other assetsLn 15$1.7M
Total assetsLn 16$7.7M
LiabilitiesLn 26$2.9M
Net assetsLn 32$4.8M
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 FY24End FY24
Cash and savingsLn 1–2$4.0M$4.5M
Land, buildings, equipmentLn 10c$404K$164K
Total assetsLn 16$7.9M$7.7M
LiabilitiesLn 26$3.8M$2.9M
Net assetsLn 32$4.1M$4.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$420K$420K
Other salaries and wagesLn 7$5.5M$5.2M$299K
Pension plan contributionsLn 8$806K$759K$47K
Other employee benefitsLn 9$705K$676K$28K
Payroll taxesLn 10$151K$144K$8K
Management feesLn 11a$338K$29K$309K
Legal feesLn 11b$32K$32K
Accounting feesLn 11c$56K$56K
Other fees for servicesLn 11g$435K$397K$38K
Advertising and promotionLn 12$88K$85K$3K
Office expensesLn 13$14K$14K
Information technologyLn 14$167K$160K$7K
OccupancyLn 16$704K$418K$285K
Conferences, conventions and meetingsLn 19$197K$188K$9K
InterestLn 20$18K$18K
Depreciation, depletion and amortizationLn 22$240K$176K$64K
InsuranceLn 23$107K$107K
Other expenses (24a–d)Ln 24$649K$545K$105K
Total functional expensesLn 25$10.6M$9.2M$1.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $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 $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 FY2024 990 (6 parts)
Part I · Summary $11,309,030 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,670,707$11,189,312
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $40,116$104,981
I-11 Other revenuePrior year $4,904$14,737
I-12 Total revenuePrior year $9,715,727$11,309,030
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 $6,575,168$7,564,466
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,867,391$3,045,267
I-18 Total expensesPrior year $9,442,559$10,609,733
I-19 Revenue less expensesPrior year $273,168$699,297
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 $11,309,030 across 6 lines filed
VIII-1e Government grants$11,182,479
VIII-1f All other contributions, gifts and grants$6,833
VIII-1h Total contributions, gifts and grants$11,189,312
VIII-3 Investment incomeExcluded from tax $104,981$104,981
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $14,737$14,737
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $119,718$11,309,030
Part IX · Statement of functional expenses $10,609,733 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $419,822$419,822
IX-7 Other salaries and wagesPrograms $5,184,607 · Management $298,654$5,483,261
IX-8 Pension plan contributionsPrograms $758,628 · Management $46,909$805,537
IX-9 Other employee benefitsPrograms $676,258 · Management $28,371$704,629
IX-10 Payroll taxesPrograms $143,621 · Management $7,596$151,217
IX-11a Management feesPrograms $29,348 · Management $308,858$338,206
IX-11b Legal feesManagement $31,637$31,637
IX-11c Accounting feesManagement $55,549$55,549
IX-11g Other fees for servicesPrograms $397,452 · Management $37,515$434,967
IX-12 Advertising and promotionPrograms $85,068 · Management $2,936$88,004
IX-13 Office expensesManagement $14,362$14,362
IX-14 Information technologyPrograms $160,335 · Management $7,145$167,480
IX-16 OccupancyPrograms $418,422 · Management $285,473$703,895
IX-19 Conferences, conventions and meetingsPrograms $187,986 · Management $9,136$197,122
IX-20 InterestManagement $17,797$17,797
IX-22 Depreciation, depletion and amortizationPrograms $175,885 · Management $64,214$240,099
IX-23 InsuranceManagement $106,957$106,957
IX-24 Other expenses (24a–d)Programs $544,542 · Management $104,650$649,192
IX-25 Total functional expensesPrograms $9,181,974 · Management $1,427,759 · Fundraising $0$10,609,733
Part X · Balance sheet $7,674,233 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $767,503$1,094,860
X-2 Savings and temporary cash investmentsStart of year $3,281,512$3,421,316
X-4 Accounts receivableStart of year $1,125,928$1,160,156
X-9 Prepaid expenses and deferred chargesStart of year $156,208$180,471
X-10c Land, buildings and equipment, netStart of year $403,898$163,801
X-15 Other assetsStart of year $2,147,328$1,653,629
X-16 Total assetsStart of year $7,882,377$7,674,233
X-17 Accounts payable and accrued expensesStart of year $933,189$551,849
X-19 Deferred revenueStart of year $680,981$624,833
X-25 Other liabilitiesStart of year $2,188,894$1,718,941
X-26 Total liabilitiesStart of year $3,803,064$2,895,623
X-27 Net assets without donor restrictionsStart of year $4,079,313$4,778,610
X-32 Total net assets or fund balancesStart of year $4,079,313$4,778,610
X-33 Total liabilities and net assetsStart of year $7,882,377$7,674,233
Part XI · Reconciliation of net assets $4,778,610 net assets at year end
XI-1 Total revenue$11,309,030
XI-2 Total expenses$10,609,733
XI-3 Revenue less expenses$699,297
XI-4 Net assets at start of year$4,079,313
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,778,610

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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