Bella Mente Charter School FY2024 filing

Tax-deductible

Vista, CA501(c)(3)Since 2013EducationEIN 45-3307047Revenue $8.1M in FY2024

On file with the IRSbellamentecharter.org1737 W Vista Way, 92083-2112 · Vista, CATax-exempt since Dec 2012Publicly supported — 509(a)(2)

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To provide students with the opportunity to acquire an education based on an authentic curriculum founded on the educational philosophy of dr. Maria montessori. We intend to promote an educational atmosphere that encourages socioeconomic diversity by providing all students with the opportunity to obtain quality public education. Our aim is to prepare each of our students with the skills, knowledge, and values to participate meaningfully in the pluralistic world of the 21st century.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$569K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
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
4 of 6
filings with a surplus
Average surplus $499K a year · 7% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$569K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
16 mo
of spending, in cash
Looks good: 16.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $188
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$31.8M
82% of total assets
Concern: liabilities are 82% 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
$8.1M
+5% vs prior year
Spent
$7.9M
To programs
74%
Net assets
$7.2M
By yearFY2020–FY2025
Revenue
$8.1M
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.0M
FY2021$7.4M
FY2022$6.4M
FY2023$7.7M
FY2024$8.1M
FY2025$8.0M
Expenses
$7.9M
FY2024▼ -0.6%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.7M
FY2021$5.2M
FY2022$5.7M
FY2023$7.9M
FY2024$7.9M
FY2025$8.1M
Net assets
$7.2M
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.3M
FY2021$6.5M
FY2022$7.1M
FY2023$6.9M
FY2024$7.2M
FY2025$7.2M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 Dec 2012.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $5.9M Management & general 26% · $2.0M

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

7 people listed on the 990; $569K 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 Dir.
$182,809Pt VII · Sec A
Director of Support Services
$150,920Pt VII · Sec A
Dir. of Compliance
$128,156Pt VII · Sec A
T.o.s.a. Asst Prin
$106,672Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Erin Feeley’s $183K as Executive Dir. is at the 78th 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.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Erin Feeley$182,785$182,809$143,366$120,122$118,346$116,284
Gladys Espino$150,890$150,920————
Jocylinn Roberts$139,245—————
Patrick Broughton$138,156$128,156————
Adriana Hartwell$113,871$106,672————

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

Offers authentic Montessori education to students.

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Provided by the organization

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1 program · $5.9M · in their own filed words · FY2023
01

Public charter school serving transitional kindergarten students through 8TH grade.

$5.9Mprogram 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 · FY2023
Total grants receivedfrom 1 funder$188

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$8.1M
Ln 12
Gifts and grantsLn 1h$7.7M
Investment incomeLn 3$325K
Other incomeLn 4–11$26K
Money outPt IX
$7.9M
Ln 25
Programscol B$5.9M
Managementcol C$2.0M
Owns and owesPt X
$7.2M
net assets · Ln 32
Cash and savingsLn 1–2$10.7M
Total assetsLn 16$39.0M
LiabilitiesLn 26$31.8M
PeoplePt VI, VII
7
listed · VII A
PaidVII A4
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.7M
Government grantsLn 1e$7.5M
Investment incomeLn 3$325K
Other incomeLn 4–11$26K
Gains on assetsLn 7$0
Total revenueLn 12$8.1M
Assets in detailPt X, end of year
CashLn 1$10.7M
SavingsLn 2$0
Cash and savings togetherLn 1–2$10.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.8M
Other assetsLn 15$23.7M
Total assetsLn 16$39.0M
LiabilitiesLn 26$31.8M
Net assetsLn 32$7.2M
OperationsPt I, VI
EmployeesI 5105
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$10.7M$10.7M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.6M$3.8M
Total assetsLn 16$39.3M$39.0M
LiabilitiesLn 26$32.4M$31.8M
Net assetsLn 32$6.9M$7.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$569K$107K$462K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2.7M$2.3M$481K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$451K$323K$128K
Payroll taxesLn 10$248K$178K$71K
Management feesLn 11a$288K$288K
Legal feesLn 11b$89K$89K
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1.1M$991K$138K
Advertising and promotionLn 12$94K$94K
Office expensesLn 13$281K$187K$94K
Information technologyLn 14$15K$15K
RoyaltiesLn 15$0
OccupancyLn 16$30K$30K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$100K$100K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$412K$412K
InsuranceLn 23$136K$136K
Other expenses (24a–d)Ln 24$1.2M$1.2M
All other expensesLn 24e$40K$1K$39K
Total functional expensesLn 25$7.9M$5.9M$2.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.0M$8.1M−$105K$7.2M 990 PDF
FY2024 Viewing $8.1M$7.9M$185K$7.2M 990 PDF
FY2023 $7.7M$7.9M−$237K$6.9M 990 PDF
FY2022 $6.4M$5.7M$650K$7.1M 990 PDF
FY2021 $7.4M$5.2M$2.2M$6.5M 990 PDF
FY2020 $7.0M$6.7M$288K$4.3M 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 $8,066,195 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,777,915$7,714,839
I-9 Program service revenue$0
I-10 Investment incomePrior year −$109,888$324,975
I-11 Other revenuePrior year $25,862$26,381
I-12 Total revenuePrior year $7,693,889$8,066,195
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,595,213$4,013,732
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,335,405$3,867,857
I-18 Total expensesPrior year $7,930,618$7,881,589
I-19 Revenue less expensesPrior year −$236,729$184,606
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $8,066,195 across 9 lines filed
VIII-1e Government grants$7,495,828
VIII-1f All other contributions, gifts and grants$219,011
VIII-1h Total contributions, gifts and grants$7,714,839
VIII-3 Investment incomeExcluded from tax $324,975$324,975
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $26,381$26,381
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $26,381 · Excluded from tax $324,975$8,066,195
Part IX · Statement of functional expenses $7,881,589 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $106,672 · Management $461,886$568,558
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $2,264,988 · Management $480,855$2,745,843
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $322,678 · Management $128,265$450,943
IX-10 Payroll taxesPrograms $177,737 · Management $70,651$248,388
IX-11a Management feesManagement $287,717$287,717
IX-11b Legal feesManagement $88,761$88,761
IX-11c Accounting feesManagement $9,225$9,225
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $991,066 · Management $137,715$1,128,781
IX-12 Advertising and promotionManagement $94,372$94,372
IX-13 Office expensesPrograms $187,180 · Management $94,042$281,222
IX-14 Information technologyPrograms $15,004$15,004
IX-15 Royalties$0
IX-16 OccupancyPrograms $29,691$29,691
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $100,308$100,308
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $411,736$411,736
IX-23 InsuranceManagement $136,405$136,405
IX-24 Other expenses (24a–d)Programs $1,244,792$1,244,792
IX-24e All other expensesPrograms $1,296 · Management $38,547$39,843
IX-25 Total functional expensesPrograms $5,853,148 · Management $2,028,441 · Fundraising $0$7,881,589
Part X · Balance sheet $38,975,935 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $10,653,799$10,664,824
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $533,956$755,591
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $86,287$41,431
X-10c Land, buildings and equipment, netStart of year $3,602,607$3,835,222
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $24,409,549$23,678,867
X-16 Total assetsStart of year $39,286,198$38,975,935
X-17 Accounts payable and accrued expensesStart of year $881,043$1,181,939
X-19 Deferred revenueStart of year $1,473,201$1,201,249
X-25 Other liabilitiesStart of year $14,127,570$13,806,319
X-26 Total liabilitiesStart of year $32,396,820$31,784,513
X-27 Net assets without donor restrictionsStart of year $6,815,830$7,146,392
X-28 Net assets with donor restrictionsStart of year $73,548$45,030
X-32 Total net assets or fund balancesStart of year $6,889,378$7,191,422
X-33 Total liabilities and net assetsStart of year $39,286,198$38,975,935
Part XI · Reconciliation of net assets $7,191,422 net assets at year end
XI-1 Total revenue$8,066,195
XI-2 Total expenses$7,881,589
XI-3 Revenue less expenses$184,606
XI-4 Net assets at start of year$6,889,378
XI-5 Net unrealized gains (losses) on investments$117,438
XI-10 Net assets at end of year$7,191,422

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

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