Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2009.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
15 people listed on the 990; $1.0M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Peter Stone | $119,391 | $207,460 | $185,378 | $148,422 | $143,537 | $134,268 |
| Roxanna Villasenor | $195,325 | $22,500 | — | — | — | — |
| Matthew Taylor | — | $182,763 | $169,819 | $151,524 | — | — |
| Kara Schene | $141,493 | $130,790 | $117,304 | — | — | — |
| Steve Lewis | — | — | — | — | — | $137,366 |
| Kristina Houston | — | $128,610 | $108,635 | — | — | — |
| Elezebeth Prentice | — | $124,649 | — | — | — | — |
| Andrea Flores | $111,272 | $115,499 | — | — | — | — |
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
Develops leaders and scholars through a supportive, community-based learning environment for children's success.
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Operation of lighthouse charter school to serve students in the community.
Operation of delta elementary charter school to serve students in the community.
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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 FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.6M | $1.6M |
| InvestmentsLn 11–13 | $2.5M | $2.0M |
| Land, buildings, equipmentLn 10c | $621K | $976K |
| Total assetsLn 16 | $8.4M | $8.5M |
| LiabilitiesLn 26 | $1.8M | $1.6M |
| Net assetsLn 32 | $6.6M | $6.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $546K | $458K | $88K | |
| Other salaries and wagesLn 7 | $6.3M | $5.9M | $374K | |
| Pension plan contributionsLn 8 | $1.4M | $1.3M | $100K | |
| Other employee benefitsLn 9 | $537K | $497K | $39K | |
| Payroll taxesLn 10 | $348 | $322 | $26 | |
| Legal feesLn 11b | $110K | $93K | $17K | |
| Accounting feesLn 11c | $53K | $45K | $8K | |
| Other fees for servicesLn 11g | $1.2M | $1.0M | $177K | |
| Office expensesLn 13 | $713K | $655K | $59K | |
| OccupancyLn 16 | $1.5M | $1.2M | $354K | |
| TravelLn 17 | $61K | $28K | $33K | |
| Depreciation, depletion and amortizationLn 22 | $87K | $78K | $9K | |
| InsuranceLn 23 | $119K | $91K | $28K | |
| Other expenses (24a–d)Ln 24 | $227K | $200K | $27K | |
| Total functional expensesLn 25 | $12.8M | $11.5M | $1.3M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Viewing | $13.2M | $12.8M | $382K | $6.9M | 990 PDF |
| FY2023 | $13.3M | $13.1M | $147K | $6.6M | 990 PDF |
| FY2022 | $11.2M | $11.0M | $210K | $6.1M | 990 PDF |
| FY2021 | $11.2M | $9.5M | $1.7M | $5.9M | 990 PDF |
| FY2020 | $8.6M | $8.0M | $635K | $4.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $13,184,499 across 7 lines filed
Part IX · Statement of functional expenses $12,802,901 across 14 lines filed
Part X · Balance sheet $8,475,256 assets, 14 lines filed
Part XI · Reconciliation of net assets $6,924,332 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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