Ilead Lancaster FY2023 filing

Tax-deductible

Lancaster, CA501(c)(3)Since 2012EducationEIN 45-4768181

The mission of ilead lancaster charter school is to empower students to become conscientious, compassionate, and responsible citizens of the world.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$130K 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 $969K a year · 8% 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
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$130K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$18.0M
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
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
$12.1M
+13% vs prior year
Spent
$11.6M
To programs
91%
Net assets
$6.1M
By yearFY2020–FY2024
Revenue
$12.1M
FY2023▲ +13%
Revenue by fiscal year
FY2020$9.6M
FY2021$10.5M
FY2022$10.7M
FY2023$12.1M
FY2024$14.8M
FY2024$13.9M
Expenses
$11.6M
FY2023▲ +23%
Expenses by fiscal year
FY2020$7.9M
FY2021$9.5M
FY2022$9.5M
FY2023$11.6M
FY2024$14.1M
FY2024$13.4M
Net assets
$6.1M
FY2023▲ +7%
Net assets by fiscal year
FY2020$2.8M
FY2021$3.8M
FY2022$5.7M
FY2023$6.1M
FY2024$6.8M
FY2024$7.2M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 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 Jun 2014.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $10.6M Management & general 9% · $994K Fundraising 0% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990; $130K 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
Director
$129,826Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Deborah Autrey’s $124K as School Director is at the 7th 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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Nykole Kent—$136,932$129,826$122,397$115,813$113,960
Deborah Autrey$124,238$104,996————
Shaana Scott$104,307—————

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.

See Ilead Lancaster executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Educates K-8th grade students in Lancaster.

Provided by the organization

This section is blank until Ilead Lancaster claims this page.

Know this organization? Claim it to add your story

1 program service account for $10.6M of program spending, described in the organization's own filed words · FY2022.
01

Ilead lancaster creates open, fun multiage k-8 learning environments that promote deeper understanding and celebrate independent critical thinking, cooperation, and the development of crucial 21ST century skills.

$10.6Mprogram expense

Run this program? Claim this org to tell your story

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$75

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$12.1M
Ln 12
Gifts and grantsLn 1h$12.0M
Fees for servicesLn 2g$48K
Other incomeLn 4–11$1K
Money outPt IX
$11.6M
Ln 25
Programscol B$10.6M
Managementcol C$994K
Fundraisingcol D$3K
Owns and owesPt X
$6.1M
net assets · Ln 32
Cash and savingsLn 1–2$7.4M
Total assetsLn 16$24.2M
LiabilitiesLn 26$18.0M
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.0M
Government grantsLn 1e$12.0M
Fees for servicesLn 2g$48K
Investment incomeLn 3$30
Other incomeLn 4–11$1K
Total revenueLn 12$12.1M
Assets in detailPt X, end of year
CashLn 1$7.4M
Cash and savings togetherLn 1–2$7.4M
Land, buildings, equipmentLn 10c$185K
Other assetsLn 15$13.3M
Total assetsLn 16$24.2M
LiabilitiesLn 26$18.0M
Net assetsLn 32$6.1M
OperationsPt I, VI
EmployeesI 5180
VolunteersI 65
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$5.6M$7.4M
Land, buildings, equipmentLn 10c$231K$185K
Total assetsLn 16$21.7M$24.2M
LiabilitiesLn 26$16.0M$18.0M
Net assetsLn 32$5.7M$6.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$137K$137K
Other salaries and wagesLn 7$4.7M$4.6M$149K
Pension plan contributionsLn 8$559K$531K$28K
Other employee benefitsLn 9$496K$471K$25K
Payroll taxesLn 10$213K$203K$11K
Legal feesLn 11b$47K$38K$9K
Accounting feesLn 11c$172K$172K
Other fees for servicesLn 11g$375K$347K$28K
Advertising and promotionLn 12$14K$14K
Office expensesLn 13$71K$26K$43K$3K
Information technologyLn 14$43K$41K$2K
OccupancyLn 16$440K$418K$22K
TravelLn 17$31K$31K
Conferences, conventions and meetingsLn 19$34K$34K
InterestLn 20$893K$849K$45K
Depreciation, depletion and amortizationLn 22$136K$129K$7K
InsuranceLn 23$47K$45K$2K
Other expenses (24a–d)Ln 24$3.2M$2.8M$439K
Total functional expensesLn 25$11.6M$10.6M$994K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $14.8M$14.1M$638K$6.8M 990 PDF
FY2023 Viewing $12.1M$11.6M$418K$6.1M 990 PDF
FY2022 $10.7M$9.5M$1.2M$5.7M 990 PDF
FY2021 $10.5M$9.5M$964K$3.8M 990 PDF
FY2020 $9.6M$7.9M$1.6M$2.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 (4 parts)
Part VIII · Statement of revenue $12,060,632 across 7 lines filed
VIII-1e Government grants$11,988,470
VIII-1f All other contributions, gifts and grants$22,867
VIII-1h Total contributions, gifts and grants$12,011,337
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $47,983$47,983
VIII-3 Investment incomeExcluded from tax $30$30
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,282$1,282
VIII-12 Total revenueRelated to mission $47,983 · Unrelated business $0 · Excluded from tax $1,312$12,060,632
Part IX · Statement of functional expenses $11,642,655 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $136,786$136,786
IX-7 Other salaries and wagesPrograms $4,574,791 · Management $149,261$4,724,052
IX-8 Pension plan contributionsPrograms $531,432 · Management $27,970$559,402
IX-9 Other employee benefitsPrograms $470,990 · Management $24,789$495,779
IX-10 Payroll taxesPrograms $202,670 · Management $10,667$213,337
IX-11b Legal feesPrograms $37,699 · Management $9,425$47,124
IX-11c Accounting feesManagement $171,888$171,888
IX-11g Other fees for servicesPrograms $346,978 · Management $27,564$374,542
IX-12 Advertising and promotionManagement $14,082$14,082
IX-13 Office expensesPrograms $26,049 · Management $42,665 · Fundraising $2,556$71,270
IX-14 Information technologyPrograms $41,111 · Management $1,706$42,817
IX-16 OccupancyPrograms $417,602 · Management $21,979$439,581
IX-17 TravelPrograms $31,046$31,046
IX-19 Conferences, conventions and meetingsPrograms $33,739$33,739
IX-20 InterestPrograms $848,787 · Management $44,673$893,460
IX-22 Depreciation, depletion and amortizationPrograms $128,780 · Management $6,778$135,558
IX-23 InsurancePrograms $45,060 · Management $2,372$47,432
IX-24 Other expenses (24a–d)Programs $2,772,105 · Management $438,655$3,210,760
IX-25 Total functional expensesPrograms $10,645,625 · Management $994,474 · Fundraising $2,556$11,642,655
Part X · Balance sheet $24,159,950 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $5,644,847$7,431,078
X-4 Accounts receivableStart of year $2,210,584$2,886,319
X-9 Prepaid expenses and deferred chargesStart of year $18,045$46,749
X-10c Land, buildings and equipment, netStart of year $230,626$184,502
X-14 Intangible assets$357,734
X-15 Other assetsStart of year $13,602,346$13,253,568
X-16 Total assetsStart of year $21,706,448$24,159,950
X-17 Accounts payable and accrued expensesStart of year $1,525,362$2,009,482
X-19 Deferred revenueStart of year $867,211$2,565,187
X-25 Other liabilitiesStart of year $13,602,346$13,455,775
X-26 Total liabilitiesStart of year $15,994,919$18,030,444
X-27 Net assets without donor restrictionsStart of year $5,711,529$6,129,506
X-32 Total net assets or fund balancesStart of year $5,711,529$6,129,506
X-33 Total liabilities and net assetsStart of year $21,706,448$24,159,950
Part XI · Reconciliation of net assets $6,129,506 net assets at year end
XI-1 Total revenue$12,060,632
XI-2 Total expenses$11,642,655
XI-3 Revenue less expenses$417,977
XI-4 Net assets at start of year$5,711,529
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,129,506

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.