Averroes High School FY2021 filing

Tax-deductible

Fremont, CA501(c)(3)EducationEIN 27-4119068Revenue $813K in FY2021

On file with the IRSaverroesinstitute.com43433 Mission Blvd Ste 101, 94539-5961 · Fremont, CATax-exempt since Jan 2011Publicly supported charity — 170(b)(1)(A)(vi)

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Averroes High School is dedicated toproviding a meaningful academic experience of secondary education that prepares students for life.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
2 of 5
filings with a surplus
Average deficit $53K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $81K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$99K
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
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
$813K
+18% vs prior year
Spent
$1.0M
To programs
89%
Net assets
$84K
By yearFY2020–FY2024
Revenue
$813K
FY2021▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$689K
FY2021$813K
FY2022$1.1M
FY2023$1.3M
FY2024$1.4M
Expenses
$1.0M
FY2021▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$842K
FY2021$1.0M
FY2022$1.1M
FY2023$1.4M
FY2024$1.4M
Net assets
$84K
FY2021▲ +140%
Tap a bar for its year
Net assets by fiscal year
FY2020$35K
FY2021$84K
FY2022$169K
FY2023$128K
FY2024$165K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2011.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $898K Management & general 9% · $91K Fundraising 2% · $16K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Reem Bilbesi’s $66K as Director is at the 12th percentile of top reported officer pay among 3395 $1–10M 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.

See Averroes High School executive salaries →

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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 15aNo

Programs and updates

Prepares students for life through a meaningful secondary education.

Provided by the organization

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1 program · $898K · in their own filed words · FY2021
01

Averroes high school is dedicated to providing a meaningful academic experience that prepares students for life.

$898Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$813K
Ln 12
Fees for servicesLn 2g$411K
Gifts and grantsLn 1h$400K
Other incomeLn 4–11$2K
Money outPt IX
$1.0M
Ln 25
Programscol B$898K
Managementcol C$91K
Fundraisingcol D$16K
Owns and owesPt X
$84K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$183K
LiabilitiesLn 26$99K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$400K
Fees for servicesLn 2g$411K
Other incomeLn 4–11$2K
Total revenueLn 12$813K
Assets in detailPt X, end of year
CashLn 1$147K
Cash and savings togetherLn 1–2$147K
Land, buildings, equipmentLn 10c$11K
Other assetsLn 15$25K
Total assetsLn 16$183K
LiabilitiesLn 26$99K
Net assetsLn 32$84K
OperationsPt I, VI
EmployeesI 513
VolunteersI 610
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$159K$147K
Land, buildings, equipmentLn 10c$18K$11K
Total assetsLn 16$176K$183K
LiabilitiesLn 26$141K$99K
Net assetsLn 32$35K$84K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$58K$29K$29K
Other salaries and wagesLn 7$640K$593K$34K$13K
Other employee benefitsLn 9$53K$47K$5K$1K
Payroll taxesLn 10$36K$32K$4K$729
Management feesLn 11a$4K$3K$589
Accounting feesLn 11c$12K$11K$1K$242
Other fees for servicesLn 11g$65K$56K$8K$520
Advertising and promotionLn 12$387$329$58
Office expensesLn 13$12K$11K$1K$246
TravelLn 17$14K$13K$1K$285
Depreciation, depletion and amortizationLn 22$7K$7K
Other expenses (24a–d)Ln 24$63K$63K
All other expensesLn 24e$40K$34K$6K$546
Total functional expensesLn 25$1.0M$898K$91K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.4M$1.4M$37K$165K 990 PDF
FY2023 $1.3M$1.4M−$41K$128K 990 PDF
FY2022 $1.1M$1.1M$85K$169K 990 PDF
FY2021 Viewing $813K$1.0M−$193K$84K 990 PDF
FY2020 $689K$842K−$153K$35K 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 FY2021 990 (6 parts)
Part I · Summary $813,017 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $810,892$400,351
I-9 Program service revenue$410,543
I-10 Investment income$0
I-11 Other revenuePrior year $2,123$2,123
I-12 Total revenuePrior year $813,015$813,017
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$787,899
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,005,584$217,685
I-18 Total expensesPrior year $1,005,584$1,005,584
I-19 Revenue less expensesPrior year −$192,569−$192,567
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $813,017 across 5 lines filed
VIII-1f All other contributions, gifts and grants$400,351
VIII-1h Total contributions, gifts and grants$400,351
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $410,543$410,543
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,123$2,123
VIII-12 Total revenueRelated to mission $412,666 · Unrelated business $0 · Excluded from tax $0$813,017
Part IX · Statement of functional expenses $1,005,584 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $29,167 · Management $29,167$58,334
IX-7 Other salaries and wagesPrograms $593,343 · Management $34,016 · Fundraising $12,803$640,162
IX-9 Other employee benefitsPrograms $46,616 · Management $5,297 · Fundraising $1,059$52,972
IX-10 Payroll taxesPrograms $32,059 · Management $3,643 · Fundraising $729$36,431
IX-11a Management feesPrograms $3,335 · Management $589$3,924
IX-11c Accounting feesPrograms $10,626 · Management $1,208 · Fundraising $242$12,076
IX-11g Other fees for servicesPrograms $56,041 · Management $8,447 · Fundraising $520$65,008
IX-12 Advertising and promotionPrograms $329 · Management $58$387
IX-13 Office expensesPrograms $10,836 · Management $1,231 · Fundraising $246$12,313
IX-17 TravelPrograms $12,556 · Management $1,427 · Fundraising $285$14,268
IX-22 Depreciation, depletion and amortizationPrograms $6,669$6,669
IX-24 Other expenses (24a–d)Programs $62,617$62,617
IX-24e All other expensesPrograms $34,214 · Management $5,663 · Fundraising $546$40,423
IX-25 Total functional expensesPrograms $898,408 · Management $90,746 · Fundraising $16,430$1,005,584
Part X · Balance sheet $183,009 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $158,595$147,294
X-10c Land, buildings and equipment, netStart of year $17,503$10,834
X-15 Other assets$24,881
X-16 Total assetsStart of year $176,098$183,009
X-25 Other liabilitiesStart of year $141,242$99,308
X-26 Total liabilitiesStart of year $141,242$99,308
X-27 Net assets without donor restrictionsStart of year $34,856$83,701
X-32 Total net assets or fund balancesStart of year $34,856$83,701
X-33 Total liabilities and net assetsStart of year $176,098$183,009
Part XI · Reconciliation of net assets $83,701 net assets at year end
XI-1 Total revenue$813,017
XI-2 Total expenses$1,005,584
XI-3 Revenue less expenses−$192,567
XI-4 Net assets at start of year$34,856
XI-9 Other changes in net assets$241,412
XI-10 Net assets at end of year$83,701

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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