Excelsior provides students with a fully accredited, self-directed learning program that enables students in grades 7-12 to develop, execute and achieve a strong vision for their future. Excelsior's nonclassroom based model combines independent self-study with supplemental, on-site resources to give students a balance of autonomy, guidance and support to ensure their success. The focus of excelsior is to provide a motivating, challenging and safe learning opportunity that will prepare students not just for graduation, but also for careers and lifelong success.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$123K 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $78K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$123K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$618K
85% of total assets
Concern: liabilities are 85% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
Spent
$1.3M
To programs
79%
Net assets
$111K
By yearFY2020–FY2025
Revenue
$1.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.5M
FY2023$2.0M
FY2024$2.3M
FY2025$2.3M
Expenses
$1.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.5M
FY2023$1.9M
FY2024$2.3M
FY2025$2.1M
Net assets
$111K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$111K
FY2021$249K
FY2022$270K
FY2023$390K
FY2024$364K
FY2025$552K

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

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2018.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $1.0M Management & general 21% · $269K

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; $123K 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
Principal
$114,040Pt VII · Sec A
President
$3,200Pt VII · Sec A
$2,800Pt VII · Sec A
Treasurer/Secretary
$2,800Pt VII · Sec A
Chief Operating Officer
$0Pt VII · Sec A
Asst. Supt. of School Admi
$0Pt VII · Sec A
Asst. Supt. of Student Ser
$0Pt VII · Sec A
Deputy Supt. of Ed. Servic
$0Pt VII · Sec A

Dave Schlesinger’s $4K as Member is at the 2nd percentile of top reported officer pay among 3394 $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.

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Henry Herreras—$141,041$142,185———
Brian Lamers————$122,216$114,040
Terrance Stone$3,200$2,400$2,400$4,000$3,200$2,800
Navid McCarthy$3,200$2,400$3,200$4,000$3,200$2,800
Dave Schlesinger$4,000$3,600$3,200———
Julie Herron Leprince$3,200$3,200————
Chris Mollenkamp—$3,200$2,800$800——
Guy Burnett——$2,800$2,400$3,200$3,200

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

Operates a K-12 public charter school.

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Provided by the organization

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1 program · $1.0M · in their own filed words · FY2019
01

Operation of a Public Charter School

Excelsior charter school corona-norco. 2018-19 was the first year of school operation. The charter served grades 7 to 12 with nonclassroom-based instruction and is authorized by the riverside county office of education.

$1.0Mprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.3M
Other incomeLn 4–11$4K
Investment incomeLn 3$3K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.0M
Managementcol C$269K
Owns and owesPt X
$111K
net assets · Ln 32
Cash and savingsLn 1–2$216K
Total assetsLn 16$728K
LiabilitiesLn 26$618K
PeoplePt VI, VII
9
listed · VII A
PaidVII A4
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$1.3M
Investment incomeLn 3$3K
Other incomeLn 4–11$4K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
SavingsLn 2$216K
Cash and savings togetherLn 1–2$216K
Land, buildings, equipmentLn 10c$116K
Total assetsLn 16$728K
LiabilitiesLn 26$618K
Net assetsLn 32$111K
OperationsPt I, VI
EmployeesI 524
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$323K$216K
Land, buildings, equipmentLn 10c$0$116K
Total assetsLn 16$405K$728K
LiabilitiesLn 26$322K$618K
Net assetsLn 32$82K$111K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$462K$331K$131K
Pension plan contributionsLn 8$122K$102K$19K
Other employee benefitsLn 9$113K$95K$17K
Payroll taxesLn 10$13K$9K$4K
Other fees for servicesLn 11g$251K$180K$71K
Office expensesLn 13$10K$7K$3K
OccupancyLn 16$197K$197K
TravelLn 17$11K$10K$977
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$107K$97K$10K
Total functional expensesLn 25$1.3M$1.0M$269K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.3M$2.1M$188K$552K 990 PDF
FY2024 $2.3M$2.3M−$26K$364K 990 PDF
FY2023 $2.0M$1.9M$120K$390K 990 PDF
FY2022 $1.5M$1.5M$21K$270K 990 PDF
FY2021 $1.5M$1.4M$138K$249K 990 PDF
FY2020 Viewing $1.3M$1.3M$29K$111K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,325,176 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,245,539$1,317,467
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $5,872$3,242
I-11 Other revenuePrior year $3,868$4,467
I-12 Total revenuePrior year $1,255,279$1,325,176
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 $609,129$709,497
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $564,101$586,954
I-18 Total expensesPrior year $1,173,230$1,296,451
I-19 Revenue less expensesPrior year $82,049$28,725
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,325,176 across 5 lines filed
VIII-1e Government grants$1,317,467
VIII-1h Total contributions, gifts and grants$1,317,467
VIII-3 Investment incomeExcluded from tax $3,242$3,242
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,467$4,467
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $7,709$1,325,176
Part IX · Statement of functional expenses $1,296,451 across 10 lines filed
IX-7 Other salaries and wagesPrograms $331,313 · Management $130,710$462,023
IX-8 Pension plan contributionsPrograms $102,127 · Management $19,416$121,543
IX-9 Other employee benefitsPrograms $95,436 · Management $17,493$112,929
IX-10 Payroll taxesPrograms $8,782 · Management $4,220$13,002
IX-11g Other fees for servicesPrograms $179,911 · Management $70,662$250,573
IX-13 Office expensesPrograms $6,810 · Management $3,325$10,135
IX-16 OccupancyPrograms $196,561$196,561
IX-17 TravelPrograms $10,460 · Management $977$11,437
IX-23 InsuranceManagement $11,564$11,564
IX-24 Other expenses (24a–d)Programs $96,527 · Management $10,157$106,684
IX-25 Total functional expensesPrograms $1,027,927 · Management $268,524 · Fundraising $0$1,296,451
Part X · Balance sheet $728,435 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $322,695$216,241
X-4 Accounts receivableStart of year $81,843$396,469
X-9 Prepaid expenses and deferred charges$225
X-10c Land, buildings and equipment, netStart of year $0$115,500
X-16 Total assetsStart of year $404,538$728,435
X-17 Accounts payable and accrued expensesStart of year $322,489$480,179
X-24 Unsecured notes and loans payable$137,482
X-26 Total liabilitiesStart of year $322,489$617,661
X-27 Net assets without donor restrictionsStart of year $82,049$110,774
X-32 Total net assets or fund balancesStart of year $82,049$110,774
X-33 Total liabilities and net assetsStart of year $404,538$728,435
Part XI · Reconciliation of net assets $110,774 net assets at year end
XI-1 Total revenue$1,325,176
XI-2 Total expenses$1,296,451
XI-3 Revenue less expenses$28,725
XI-4 Net assets at start of year$82,049
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$110,774

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

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