Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
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; $783K paid to officers and key staff.
Nick Driver’s $196K as Superintendent is at the 35th 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
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Nick Driver | $196,087 | $195,186 | $169,321 | — | — | — |
| Matthew Smith | — | — | — | — | — | $186,947 |
| Lai L Saeteurn | $160,051 | $154,350 | $142,844 | — | — | — |
| Eric H Paul | $156,674 | — | — | — | — | — |
| Riffat Akram | $155,849 | — | — | — | — | — |
| Brent Zionic | — | $154,646 | — | — | — | — |
| Lisa M Dodson | $152,880 | — | — | — | — | — |
| Alex Insaurradle | — | $149,662 | — | — | — | — |
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 public charter schools in Vallejo, California.
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Operation of Four (4) Public Charter Schools
Mare island technology academy, mit academy, mit griffin academy middle, and griffin academy high school. Collectively the charter schools provide educational services to students in grades 6 to 12.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $13.5M | $13.3M |
| Land, buildings, equipmentLn 10c | $4.3M | $5.9M |
| Total assetsLn 16 | $23.3M | $24.3M |
| LiabilitiesLn 26 | $7.4M | $10.1M |
| Net assetsLn 32 | $15.9M | $14.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $7.8M | $6.3M | $1.5M | |
| Pension plan contributionsLn 8 | $2.0M | $1.6M | $355K | |
| Other employee benefitsLn 9 | $626K | $514K | $113K | |
| Payroll taxesLn 10 | $137K | $112K | $25K | |
| Legal feesLn 11b | $153K | $153K | ||
| Other fees for servicesLn 11g | $1.4M | $1.3M | $128K | |
| Advertising and promotionLn 12 | $52K | $52K | ||
| Office expensesLn 13 | $212K | $60K | $152K | |
| Information technologyLn 14 | $49K | $13K | $36K | |
| OccupancyLn 16 | $4.4M | $4.2M | $158K | |
| TravelLn 17 | $118K | $95K | $23K | |
| Conferences, conventions and meetingsLn 19 | $156K | $82K | $74K | |
| Depreciation, depletion and amortizationLn 22 | $269K | $269K | ||
| InsuranceLn 23 | $191K | $184K | $7K | |
| Other expenses (24a–d)Ln 24 | $1.3M | $961K | $312K | |
| Total functional expensesLn 25 | $18.8M | $15.8M | $3.0M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $17.6M | $21.1M | −$3.5M | $9.1M | 990 PDF |
| FY2023 | $20.9M | $22.4M | −$1.5M | $12.6M | 990 PDF |
| FY2022 Viewing | $17.0M | $18.8M | −$1.8M | $14.1M | 990 PDF |
| FY2021 | $19.6M | $16.2M | $3.4M | $15.9M | 990 PDF |
| FY2020 | $14.8M | $12.9M | $1.9M | $12.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $17,027,396 across 5 lines filed
Part IX · Statement of functional expenses $18,789,986 across 15 lines filed
Part X · Balance sheet $24,291,128 assets, 12 lines filed
Part XI · Reconciliation of net assets $14,148,801 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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