Charthouse Public Schools FY2020 filing

Tax-deductible

Walnut Creek, CA501(c)(3)Since 2014EducationEIN 47-1506069Revenue $4.9M in FY2020

On file with the IRScharthouseps.org2730 Mitchell Dr, 94598-1602 · Walnut Creek, CATax-exempt since Jan 2016Publicly supported charity — 170(b)(1)(A)(vi)

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To provide a distinguished, pre-professional experience in performing arts within a college and career preparatory setting. The school believes in fostering a culture of excellence with the core values of rigor, relevance, resilience, and relationships.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$129K 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
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 $716K a year · 13% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$129K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $555
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$987K
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.9M
Spent
$4.8M
To programs
72%
Net assets
$501K
By yearFY2020–FY2024
Revenue
$4.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.9M
FY2021$5.5M
FY2022$5.6M
FY2023$5.8M
FY2024$5.5M
FY2024$5.0M
Expenses
$4.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.8M
FY2021$5.1M
FY2022$6.4M
FY2023$7.3M
FY2024$7.4M
FY2024$7.1M
Net assets
$501K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$501K
FY2021$926K
FY2022$189K
FY2023$19.6M
FY2024$17.8M
FY2024−$1.9M

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 (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2016.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $3.4M Management & general 28% · $1.3M Fundraising 0% · $3K

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; $129K 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
Executive Dir.
$128,672Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Catherine Foster’s $154K as Executive Dir. is at the 66th 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Catherine Foster$153,858$128,438————
Neil McChesney———$89,433$130,009$128,672
Robert Chalwell———$128,390$82,801—
Christiana Freiri-Foley$121,325—————
Lisa Kingsbury$119,634—$102,474———
Lorran Garrison$112,835—————
Brandy Byers——$108,682———
Brianna Shahvar——$100,895———

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 Charthouse Public Schools 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 15aYes

Programs and updates

Offers pre-professional performing arts training for college and career preparation.

Provided by the organization

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1 program · $3.4M · in their own filed words · FY2019
01

To provide a distinguished, pre-professional experience in performing arts within a college and career preparatory setting.

$3.4Mprogram 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$555

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.9M
Ln 12
Gifts and grantsLn 1h$4.9M
Investment incomeLn 3$4
Money outPt IX
$4.8M
Ln 25
Programscol B$3.4M
Managementcol C$1.3M
Fundraisingcol D$3K
Owns and owesPt X
$501K
net assets · Ln 32
Cash and savingsLn 1–2$633K
Total assetsLn 16$1.5M
LiabilitiesLn 26$987K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.9M
Government grantsLn 1e$4.5M
Investment incomeLn 3$4
Gains on assetsLn 7$0
Total revenueLn 12$4.9M
Assets in detailPt X, end of year
CashLn 1$633K
SavingsLn 2$0
Cash and savings togetherLn 1–2$633K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$140K
Other assetsLn 15$3K
Total assetsLn 16$1.5M
LiabilitiesLn 26$987K
Net assetsLn 32$501K
OperationsPt I, VI
EmployeesI 555
VolunteersI 61
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 FY20End FY20
Cash and savingsLn 1–2$78K$633K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$68K$140K
Total assetsLn 16$723K$1.5M
LiabilitiesLn 26$373K$987K
Net assetsLn 32$351K$501K
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$129K$129K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2.3M$1.8M$495K
Pension plan contributionsLn 8$273K$201K$71K
Other employee benefitsLn 9$254K$188K$66K
Payroll taxesLn 10$79K$59K$21K
Management feesLn 11a$235K$235K
Legal feesLn 11b$106K$106K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$132K$40K$92K
Advertising and promotionLn 12$25K$25K
Office expensesLn 13$92K$92K
Information technologyLn 14$14K$14K
RoyaltiesLn 15$0
OccupancyLn 16$710K$710K
TravelLn 17$10K$10K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$17K$17K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$56K$56K
InsuranceLn 23$49K$49K
Other expenses (24a–d)Ln 24$341K$306K$31K$3K
All other expensesLn 24e$0
Total functional expensesLn 25$4.8M$3.4M$1.3M$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.5M$7.4M−$1.9M$17.8M 990 PDF
FY2023 $5.8M$7.3M−$1.6M$19.6M 990 PDF
FY2022 $5.6M$6.4M−$737K$189K 990 PDF
FY2021 $5.5M$5.1M$425K$926K 990 PDF
FY2020 Viewing $4.9M$4.8M$150K$501K 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 FY2020 990 (6 parts)
Part I · Summary $4,932,308 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,109,522$4,932,304
I-9 Program service revenue$0
I-10 Investment incomePrior year $4$4
I-11 Other revenue$0
I-12 Total revenuePrior year $5,109,526$4,932,308
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,112,260$2,995,241
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,294,561$1,786,683
I-18 Total expensesPrior year $4,406,821$4,781,924
I-19 Revenue less expensesPrior year $702,705$150,384
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $4,932,308 across 9 lines filed
VIII-1e Government grants$4,517,165
VIII-1f All other contributions, gifts and grants$415,139
VIII-1h Total contributions, gifts and grants$4,932,304
VIII-3 Investment incomeExcluded from tax $4$4
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $4$4,932,308
Part IX · Statement of functional expenses $4,781,924 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 staffManagement $128,672$128,672
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,765,319 · Management $494,975$2,260,294
IX-8 Pension plan contributionsPrograms $201,376 · Management $71,141$272,517
IX-9 Other employee benefitsPrograms $187,963 · Management $66,403$254,366
IX-10 Payroll taxesPrograms $58,666 · Management $20,726$79,392
IX-11a Management feesManagement $235,233$235,233
IX-11b Legal feesManagement $105,729$105,729
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $40,498 · Management $91,676$132,174
IX-12 Advertising and promotionManagement $24,553$24,553
IX-13 Office expensesPrograms $92,267$92,267
IX-14 Information technologyPrograms $13,774$13,774
IX-15 Royalties$0
IX-16 OccupancyPrograms $710,000$710,000
IX-17 TravelManagement $10,237$10,237
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $17,128$17,128
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $55,519$55,519
IX-23 InsuranceManagement $49,455$49,455
IX-24 Other expenses (24a–d)Programs $306,137 · Management $31,067 · Fundraising $3,410$340,614
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $3,448,647 · Management $1,329,867 · Fundraising $3,410$4,781,924
Part X · Balance sheet $1,487,646 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $77,533$632,869
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $544,055$678,849
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $31,461$33,065
X-10c Land, buildings and equipment, netStart of year $67,733$140,348
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 $2,515$2,515
X-16 Total assetsStart of year $723,297$1,487,646
X-17 Accounts payable and accrued expensesStart of year $222,718$306,716
X-25 Other liabilitiesStart of year $1$1
X-26 Total liabilitiesStart of year $372,723$986,688
X-27 Net assets without donor restrictionsStart of year $322,494$500,958
X-32 Total net assets or fund balancesStart of year $350,574$500,958
X-33 Total liabilities and net assetsStart of year $723,297$1,487,646
Part XI · Reconciliation of net assets $500,958 net assets at year end
XI-1 Total revenue$4,932,308
XI-2 Total expenses$4,781,924
XI-3 Revenue less expenses$150,384
XI-4 Net assets at start of year$350,574
XI-10 Net assets at end of year$500,958

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

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