Caliber Public Schools

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To create a network of Public k-12 charter Schools in the bay area that will prepare our students to succeed in college and beyond.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1219795) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 200 volunteers and 260 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $3.6M a year · 11% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
5.2 mo
of spending, in cash
5.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $614K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$45.0M
60% of total assets
Liabilities are 60% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$40.3M
+18% vs prior year
Spent
$37.0M
To programs
88%
Net assets
$30.2M
By yearFY2020–FY2025
Revenue
$40.3M
FY2025▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$21.0M
FY2021$24.5M
FY2022$40.1M
FY2023$33.0M
FY2024$34.3M
FY2025$40.3M
Expenses
$37.0M
FY2025▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$19.7M
FY2021$21.1M
FY2022$27.9M
FY2023$33.1M
FY2024$33.1M
FY2025$37.0M
Net assets
$30.2M
FY2025▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.1M
FY2021$13.5M
FY2022$25.8M
FY2023$25.7M
FY2024$26.9M
FY2025$30.2M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2014.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $32.5M Management & general 12% · $4.5M Fundraising 0% · $27K

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

14 people listed on the 990; $1.4M paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$290,000Pt VII · Sec A
$200,084Pt VII · Sec A
Chief of Schools
$170,945Pt VII · Sec A
School Principal
$147,201Pt VII · Sec A
School Principal
$144,417Pt VII · Sec A
Managing Director of Sped
$135,217Pt VII · Sec A
Director of Mental Health
$134,144Pt VII · Sec A
Assistant Principal
$133,750Pt VII · Sec A

Terence Johnson’s $290K as CEO is at the 63rd 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Terence Johnson$290,000$281,250$255,583$221,397$215,780$102,079
Markus Mullarkey$200,084$184,297$173,200$144,225$131,916$136,441
Rachael Weingarten$170,945$161,208$156,850—$119,853$124,448
Enric Zappa————$156,083—
Ric Zappa—————$151,667
Amr Alnasafi————$149,386—
Andrew Grossman$147,201$139,760$134,465$128,196$116,561—
Tracee Matias$144,417$128,042————

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 Caliber Public Schools executive salaries →

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

Builds Bay Area K-12 charter schools to prepare students for college success.

Questions for Caliber Public Schools

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Your first name shows with your question. Caliber Public Schools answers here, for everyone.

1 program · $32.5M · in their own filed words · FY2024
01

Caliber provides every graduate with real world skills they need to succeed through college, career and life. Caliber creates a safe and supportive environment so that students can engage in rigorous learning and develop the skill set to be critical thinkers who then become agents of change in their communities and world.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1219795) · Dispute this line
$32.5Mprogram 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
NaturebridgeFY2024$6K
Total grants receivedfrom 4 funders$614K
See all 4 funders →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $1.8M federal money spent
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through California Department of Education$640K
Title I, Part A, Basic Grants: Low-Income and NeglectedDepartment of Education · ALN 84.010 · Through California Department of Education$570K
Idea Basic Local Assistance Entitlement, Part B, Section 611Department of Education · ALN 84.027 · Through California Department of Education$311K
Child and Adult Care Food ProgramDepartment of Agriculture · ALN 10.558 · Through California Department of Education$121K
Title II, Part A, Supporting Effective Instruction Local GrantsDepartment of Education · ALN 84.367 · Through California Department of Education$72K

Plus 3 smaller programs.

The auditor reported no findings.

Year ending Jun 2024 · $2.0M federal money spent
Title I, Part A, Basic Grants: Low-Income and NeglectedDepartment of Education · ALN 84.010 · Through California Department of Education$545K
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through California Department of Education$541K
Elementary and Secondary School Emergency Relief III (esser Iii) FundDepartment of Education · ALN 84.425 · Through California Department of Education$387K
Special Education Cluster: Idea Basic Local Assistance Entitlement, Part B, Section 611Department of Education · ALN 84.027 · Through California Department of Education$295K
Child and Adult Care Food ProgramDepartment of Agriculture · ALN 10.558 · Through California Department of Education$78K

Plus 3 smaller programs.

The auditor reported no findings.

Year ending Jun 2023 · $3.8M federal money spent
Elementary and Secondary School Emergency Relief II (esser Ii) FundDepartment of Education · ALN 84.425 · Through California Department of Education$1.9M
Title I, Part A, Basic Grants: Low-Income and NeglectedDepartment of Education · ALN 84.010 · Through California Department of Education$575K
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through California Department of Education$557K
Special Education Cluster: Idea Basic Local Assistance Entitlement, Part B, Section 611Department of Education · ALN 84.027 · Through California Department of Education$252K
Emergency Connectivity FundsFederal Communications Commission · ALN 32.009 · Through California Department of Education$225K

Plus 3 smaller programs.

The auditor reported no findings.

Year ending Jun 2022 · $6.3M federal money spent
Elementary and Secondary School Emergency Relief (esser) FundDepartment of Education · ALN 84.425 · Through California Department of Education$3.0M
State Charter School Facilities Incentive GrantDepartment of Education · ALN 84.282 · Through California Department of Education$1.3M
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through California Department of Education$746K
Title I, Part A, Basic Grants: Low-Income and NeglectedDepartment of Education · ALN 84.010 · Through California Department of Education$549K
Idea Basic Local Assistance Entitlement, Part B, Section 611Department of Education · ALN 84.027 · Through California Department of Education$312K

Plus 5 smaller programs.

The auditor reported no findings.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$40.3M
Ln 12
Gifts and grantsLn 1h$39.4M
Investment incomeLn 3$516K
Other incomeLn 4–11$392K
Money outPt IX
$37.0M
Ln 25
Programscol B$32.5M
Managementcol C$4.5M
Fundraisingcol D$27K
Owns and owesPt X
$30.2M
net assets · Ln 32
Cash and savingsLn 1–2$16.1M
Total assetsLn 16$75.1M
LiabilitiesLn 26$45.0M
PeoplePt VI, VII
14
listed · VII A
PaidVII A8
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$39.4M
Government grantsLn 1e$38.8M
Investment incomeLn 3$516K
Other incomeLn 4–11$392K
Gains on assetsLn 7$6K
Total revenueLn 12$40.3M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$14.5M
Cash and savings togetherLn 1–2$16.1M
Pledges and grants receivableLn 3$6.4M
Accounts receivableLn 4$347K
Notes and loans receivableLn 7$1.0M
Prepaid expenses and deferred chargesLn 9$578K
Land, buildings, equipmentLn 10c$26.0M
Other assetsLn 15$24.7M
Total assetsLn 16$75.1M
LiabilitiesLn 26$45.0M
Net assetsLn 32$30.2M
OperationsPt I, VI
EmployeesI 5260
VolunteersI 6200
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 FY25End FY25
Cash and savingsLn 1–2$15.7M$16.1M
Land, buildings, equipmentLn 10c$26.8M$26.0M
Total assetsLn 16$68.5M$75.1M
LiabilitiesLn 26$41.6M$45.0M
Net assetsLn 32$26.9M$30.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$762K$762K
Other salaries and wagesLn 7$17.6M$16.4M$1.2M
Pension plan contributionsLn 8$497K$472K$25K
Other employee benefitsLn 9$2.0M$1.9M$155K
Payroll taxesLn 10$1.4M$618K$743K
Management feesLn 11a$253K$252K$1K
Legal feesLn 11b$209K$32K$177K
Accounting feesLn 11c$136K$136K
Other fees for servicesLn 11g$7.0M$6.3M$678K$11K
Office expensesLn 13$586K$548K$37K$2K
OccupancyLn 16$2.1M$1.9M$135K
TravelLn 17$248K$178K$66K$4K
InterestLn 20$263K$261K$2K
Depreciation, depletion and amortizationLn 22$869K$866K$3K
InsuranceLn 23$365K$332K$33K
Other expenses (24a–d)Ln 24$2.4M$2.1M$289K$11K
All other expensesLn 24e$448K$378K$69K
Total functional expensesLn 25$37.0M$32.5M$4.5M$27K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 12, 2026 $40.3M$37.0M$3.3M$30.2M 990 PDF
FY2024Filed with the IRS May 9, 2025 $34.3M$33.1M$1.2M$26.9M 990 PDF
FY2023Filed with the IRS Apr 30, 2024 $33.0M$33.1M−$130K$25.7M 990 PDF
FY2022Filed with the IRS May 11, 2023 $40.1M$27.9M$12.3M$25.8M 990 PDF
FY2021Filed with the IRS May 13, 2022 $24.5M$21.1M$3.4M$13.5M 990 PDF
FY2020Filed with the IRS May 7, 2021 $21.0M$19.7M$1.2M$10.1M 990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments E · Schools J · Pay O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $40,348,928 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $33,531,646$39,441,134
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $415,953$521,960
I-11 Other revenuePrior year $376,556$385,834
I-12 Total revenuePrior year $34,324,155$40,348,928
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 $20,476,565$22,250,076
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $12,634,757$14,795,549
I-18 Total expensesPrior year $33,111,322$37,045,625
I-19 Revenue less expensesPrior year $1,212,833$3,303,303
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 $40,348,928 across 7 lines filed
VIII-1e Government grants$38,800,537
VIII-1f All other contributions, gifts and grants$640,597
VIII-1h Total contributions, gifts and grants$39,441,134
VIII-3 Investment incomeExcluded from tax $516,115$516,115
VIII-7 Net gain or loss on sales of assetsExcluded from tax $5,845$5,845
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $385,834$385,834
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $907,794$40,348,928
Part IX · Statement of functional expenses $37,045,625 across 17 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $762,011$762,011
IX-7 Other salaries and wagesPrograms $16,418,483 · Management $1,195,111$17,613,594
IX-8 Pension plan contributionsPrograms $471,992 · Management $25,194$497,186
IX-9 Other employee benefitsPrograms $1,860,883 · Management $155,312$2,016,195
IX-10 Payroll taxesPrograms $617,810 · Management $743,280$1,361,090
IX-11a Management feesPrograms $252,170 · Management $1,033$253,203
IX-11b Legal feesPrograms $32,028 · Management $176,515$208,543
IX-11c Accounting feesManagement $136,472$136,472
IX-11g Other fees for servicesPrograms $6,318,967 · Management $677,828 · Fundraising $10,774$7,007,569
IX-13 Office expensesPrograms $547,797 · Management $36,812 · Fundraising $1,559$586,168
IX-16 OccupancyPrograms $1,925,044 · Management $135,103$2,060,147
IX-17 TravelPrograms $178,417 · Management $66,039 · Fundraising $3,650$248,106
IX-20 InterestPrograms $261,060 · Management $2,307$263,367
IX-22 Depreciation, depletion and amortizationPrograms $866,061 · Management $2,777$868,838
IX-23 InsurancePrograms $332,348 · Management $32,610$364,958
IX-24 Other expenses (24a–d)Programs $2,050,481 · Management $289,331 · Fundraising $10,741$2,350,553
IX-24e All other expensesPrograms $378,201 · Management $69,424$447,625
IX-25 Total functional expensesPrograms $32,511,742 · Management $4,507,159 · Fundraising $26,724$37,045,625
Part X · Balance sheet $75,144,019 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $4,417,495$1,568,537
X-2 Savings and temporary cash investmentsStart of year $11,258,548$14,527,705
X-3 Pledges and grants receivableStart of year $3,404,714$6,359,512
X-4 Accounts receivableStart of year $286,824$347,047
X-7 Notes and loans receivableStart of year $1,000,000$1,000,000
X-9 Prepaid expenses and deferred chargesStart of year $378,212$578,439
X-10c Land, buildings and equipment, netStart of year $26,812,392$26,014,620
X-15 Other assetsStart of year $20,923,518$24,748,159
X-16 Total assetsStart of year $68,481,703$75,144,019
X-17 Accounts payable and accrued expensesStart of year $2,199,192$2,111,539
X-19 Deferred revenueStart of year $5,132,430$4,792,035
X-23 Secured mortgages and notes payableStart of year $13,015,392$12,666,797
X-25 Other liabilitiesStart of year $21,267,944$25,403,600
X-26 Total liabilitiesStart of year $41,614,958$44,973,971
X-27 Net assets without donor restrictionsStart of year $25,484,866$29,970,048
X-28 Net assets with donor restrictionsStart of year $1,381,879$200,000
X-32 Total net assets or fund balancesStart of year $26,866,745$30,170,048
X-33 Total liabilities and net assetsStart of year $68,481,703$75,144,019
Part XI · Reconciliation of net assets $30,170,048 net assets at year end
XI-1 Total revenue$40,348,928
XI-2 Total expenses$37,045,625
XI-3 Revenue less expenses$3,303,303
XI-4 Net assets at start of year$26,866,745
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$30,170,048

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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